Oh is be a nice, my skin, my skin. So oh um, amazing me so my skin welcome back to dumb money on today, wednesday january 12th, and it is inflation day. The information came out about 30 minutes ago and boy, oh boy, is it pumping the stock market, the spy, the queues iwm? A lot of these major higher risk tech growth plays even cryptos. Looking good right now, hey for those of you who are tuning in just for the numbers, let me give it to you right now, so the cpi is the consumer price index, so basically as a consumer, how, i guess is the best way to think of it Is as a consumer, the cost of things are going up x amount and then they also have cpi core, which excludes food and energy, and then, tomorrow, before the market opens on thursday january 13th, we're going to get the producer price index, the ppi.

So cpi came out today about a half hour ago. Tomorrow we get the producer price index. So let me go over the numbers for you very, very quickly, the consumer price index month over month for december. It came in at point five, five point: five percent and then the expectation was point four percent, so slightly hotter, but also nowhere near the high water mark that we had in october.

I believe that was point nine percent so year over year the cpi is up. Seven percent, as in, if you just did nothing if you had a hundred dollars sitting in your wallet sitting in your wallet sitting in your wallet, it's now technically worth ninety three dollars. You you saw a seven percent depreciation in your money in your usd basically over the past year. The expectation that is in line with expectations is seven percent.

So basically, these numbers came in in line, which means they were a little bit more soft and then, when you're pairing, that up with what jerome powell was saying yesterday of like hey, okay, the economy is not exactly where we want it. We're going to be hawkish, but not extremely hawkish. That's exactly why you're seeing the market pumping right now, but overall, not a good situation. I mean this is we're looking at similar high inflation levels ever since the early 80s we're at a four decade high.

This stuff is nuts and then just for those of you who are interested. If we do look at cpi core, which is the cpi, but you take out food - you take out energy month over month, it's up 0.6 percent. The expectation was 0.5. So a little bit hotter there, similar to normal cpi year over year, that's up 5.5 percent and the expectation was 5.4.

If you want to look at food and energy over the past month, energy was down 0.4, while food was up 0.5. All this is kind of interesting and there's two things i want to take away from this. First of all, the interest rates for the futures market is currently pricing in about three rate hikes this calendar year. So for 2022.

The expectation could very much be three. I know certain bank ceos, such as jamie dimon at jp's, like i would be surprised if we like have less than four, but the banks are going to be. I guess abnormally bullish on those numbers, because the more interest rates the more money that they're going to make. So i don't know like i think their input is going to be good and remember we're going to find out more information from them.

On friday. We have a whole host of banks having their earnings announcement. Their earnings call before the market opens on friday, so we'll have more insights there. So the interest rates it sounds like the number right now.

People are really tracking our three rate hikes, but the other thing i want to talk about is with all these. What i kind of find the craziness of all this. Let's just take that the main headline number inflation up - seven percent - the highest we've really been in four years now. Wages are not tracking that actually wages are considerably less.

So it's one of those things that, just by being everything held constant, even with your wage increases, inflation is increasing at a greater rate, which actually means the average person is becoming poorer just because of that net relative difference. So, overall those are the main numbers tldr. That's the version right there. If you don't have the time to hop into all this with us, but yeah.

Let's get prepped up for the market today and i can be spending a little bit more time on the fact that some of them are slightly hot, but really it came in soft. Remember it's not necessarily the magnitude of these numbers. It's the relative discrepancy of from expectations. If you're hitting expectations, you can argue that certain things are already priced in and that's exactly why on the screen right now, you're seeing the spy pop the cues pop iwm pop and then, if you go through some of these major tech plays tesla apple amd um.

Whatever some microsoft micron all of these, it's it's not necessarily the magnitude. It's that we came in at expectations, even snow's up a little bit so we're seeing a little bit of. I guess pre-morning pump right now and the golden question is i like this so far, especially because we i put this over in the moon game community that we switched to some tesla calls, so those will be printing very, very nicely at open. But speaking of opening, we still have 25 minutes to go uh.

This is pre-market action. Remember it's lower volume, lower volatility. This is just kind of we. We don't know if this is necessarily going to hold.

Now i'm not trying to the um, i guess be. The party poop here, i honestly, do think it will hold like listening to what's going on between jerome powell yesterday when he was speaking with the senate, and then these numbers coming in, i would argue, like pretty soft. I do think all this will hold, but hey the market has a mind of its own, so we're going to find out a lot more in about 20 minutes. So overall, you could see green, green, green, the dow, the s p, the nasdaq oil.

All green yields are currently down and let's quickly go over the top five things you should be knowing right now, wall street looks higher after two session tech rebound and it's getting pushed even higher right now because of the inflation report, the consumer price index. Once again, we went over those numbers we're basically in line with expectations. Year over year, the cpi was seven percent. The expectation was seven percent, so we're in line we're taking out one of these unknowns and remember the amount of unknowns.

That's what the market hates and as we're about to see on number four here, yeah uh things are also kind of calming down in terms of the rona uh, a rapid drop in the britain and u.s. So a lot of scientists are calling out that they're, seeing potentially a high water mark, so you're kind of taking out this fear from the market and also with inflation coming in during, like kind of right on expectation, uh you're. Seeing a lot of these problems being alleviated from the overall market and then it also helped that yesterday powell was basically saying hey, we know we're going to go hawkish to fight inflation, but we're not going to come in like extremely hard, because he basically said that The economy still has a decent amount of rebounding to do so, we will find out, in january, more information on the newest update of the tools at their disposal to fight inflation, which is basically this balance sheet runoff the balance sheet normalization, whatever you want to call It because we've all kind of priced in and accepted the fact, there's probably going to be at least three rate hikes. We know that they're going to end their tapering in march.

The newest thing from the fomc meeting minutes a couple weeks ago. Was this balance sheet? Runoff, as in undoing all the purchasing that they've been doing, that came in surprisingly hawkish to people, but then, with the senate panel yesterday powell kind of reminded everyone of yeah no we're. We realize that we can't be extremely hawkish in this scenario, so that calmed people down then, with the inflation report. Today, that's looking good, we have another report tomorrow and then on friday we have all those banks reporting so a very interesting volatile time and thus far fingers crossed it does seems like the expansion is to the upside very, very exciting and also binding, sending more covates To schools to keep them open, i believe the chicago school system is reopening today, as in no longer going remote like people can attend in person.

I was reading that a little bit, so it seems like on various fronts. We are getting kind of a lot of little positive developments and then, when you piecewise those all together, we're seeing some very nice reaction in the stock market, uh still continuing green, green, green, hey. I hope you were crushing some of those tesla calls time to make some of my losses back speaking of crypto. I don't want to spend too much time on this.

Obviously we have the crypto show at two, but i just want to point how we're seeing a bunch of these higher growth plays. These higher risk plays money is coming back into it. Bitcoin bouncing off of sub 40 000, all the way back up to 44. ethereum bouncing off of 3 300 mana.

We have sand um. Speaking of that, we've been doing this thing where in basically i'm buying 10 different cryptos, where most of them were votes from all of you and i at minimum minimum might hold it for longer, but at a minimum i'll hold it for a full year. Out of those 10 i've already purchased five, i got link mana, gala, crow and algo, i'm just getting wallet things set up for sand and floki, and then i'm trying to figure out some specifics between saitama and ripple and then that's still nine. So, basically, what i'm going to do for position 10 is when we're doing it all like when i get all the first nine, basically with 10 i'll, just do some sort of pull and we'll leave that last spot completely open to you and then that one singular Vote whatever one gets, the most, that will be spot number 10., so five of them locked in the other four will be locked in very soon, and then we have like kind of the one variable spot, speaking of which, when it comes to inflation and crypto.

This is an overall market thing of, as inflation is higher. A lot of people are thinking of bitcoin as a good hedge against inflation, a store of value, a digital asset, digital gold, digital property. Whatever you want to call it right now, crypto has hit mainstream and the s p 500. Equivalent bitcoin is clearly the granddaddy of them all and it is leading the way and right here we have an interesting report from rick edelman, a third of americans to buy bitcoin by the end of 2022.

man, oh man, if that ends up becoming like reality, i I just don't honestly, i just don't see how crypto fails in general right now, the future future's right bright for bitcoin according to rick founder financial advisory, outfit element, financial engines kind of interesting. So i would i'll cover this in more detail, but i think the thing that's really going to start to sway. People is when the sec finally stops dragging their feet on a spot etf. So right now we do have bitcoin based etfs but they're bitcoin futures.

So when you buy the etf, if you're buying a bitcoin future and you're not buying bitcoin itself, that would be the difference uh with a spot etf. So we're talking about basically cash settled versus physically settled uh. It's direct versus indirect ownership at the highest level. So i mean you: have some people, particularly hester pierce of the sec, saying we're running out of excuses to not accept these spot etfs.

So i think hopefully it's a development in early 2022 and i hope it's a development early in 2022. So people who don't want to go out of their way to get, for example, uh a crypto exchange such as ftx block folio i've been having a great experience with them. Thus far uh you could just buy the etf. So if you have a stock account already, you could just buy the spot etf, they don't exist yet, but i think it will just open up the door for money, many individual retail investors and traders and then also money managers to get in exposure additional exposure to Crypto and then, of course, for there for the people who like to trade, the market like the wild west you'll then have obviously options for like options - market no pun intended, but then you'll be able to take even additional leverage bets.

If you believe that the timing is right so, overall with i just needed to time this in because with the pump in the overall market, we are clearly seeing this overall pump in crypto2 uh. Let me actually sew up some of these bigger ones. Um all these going green starting at 8, 30 pretty cool and if you just need a graphical depiction of it, look at all that green across the board. Uh crypto has been beat up recently, but uh we're seeing a hopefully a relative low is being put in and we could just bounce off of that all right now before i uh turn it over to all of you.

For some of these questions, i do want to get a set up, because i think today is going to be an important charting day um. I think that there's going to be a lot of opportunity, but before we get into that, i wanted to point out something that i thought was noteworthy amc coming in at a sky-high, interest rate of 19.33: that's not its all-time high, but it's within about a percent And a half so very high 19.33, so the shorts are levering up their best against amc and then gme coming in at 17 before we do their charts. I just wanted to show you now. This is in no way a common.

I guess way to do it. This is just how my trading buddies, and i do it we like to refer to this setup as a valley like when you have this three bar setup, where basically the first two, the second one is clearly lower in all dimensions: the the high the open, the Low and the close all of them are lower than the previous high open, low and close, and then the next one you go higher. So this is basically what i like to refer to as a valley right here. So this is a valley.

It's a v! You could do it with three bars or it's even better, with five bars. So that's the bar we're working on today and then the opposite of that. I would like to call a peak. So basically, it's just you get these v-shaped structures all over, whether you want to call them valleys or i like to call them valleys and peaked.

That's not going to be common! That's just terminology! I've ended up using with some of my own like trading buddies, and it's just so. We can describe a similar scenario but overall, based on their names, i think you can figure out that some are bullish. Some are bare. So, for example, you have this valley.

That's obviously going to be a bullish setup with a well-defined risk at the most recent low, the lowest point of the valley. Well, it looks like we have a valley forming right now and we're coming back up and then the opposite of that would be the peak where you have risk well defined at that high point and that's more of a bearish setup. So valleys are bullish. Peaks are bearish and it looks right like right now.

The reason i'm bringing this up is, it looks like we are getting a very classic valley setup on the spy right now it's been beaten down ever since posting an all-time high on january 4th we came down. We came down today. The information is coming out about the cpi. People are liking, it it's coming in pretty soft we're about to get a technical breakout around this 470 471.

Look at rejection rejection, rejection if this holds i am them looking for a test of 476., depending on how we opened the first 10. 20 30 minutes. If these gap ups are all held, i am looking higher and higher and higher for the market, like just across the entire thing, similar setup on the queues right here same thing, you get this valley setup, well-defined risk at 370., and this one particularly i'm watching 400. It is technical resistance, but it is also a key psychological level.

It's a nice 100 round level, 400. So yeah there might be a little bit of a hiccup at 393, so i'll be watching that. But once again, if we hold the gap up, i'm watching 393 then 400 and that's the nasdaq 100. I do think that tech will benefit the most off of this particular push today and then, maybe potentially even more, depending on what happens with the producer price index.

Once again, tomorrow, 8 30., but as you can see in iwm, similar to the queue similar to the spy, we get this valley setup bullish setup. I am looking for it to stay above. This 213 level would love to see the push of 220 and i'm still continually calling out this gap bill to 28.50. I just think it's a very solid opportunity.

It is the gap from the low on november 24th. So that's the setup for three of the major indices that we do pay attention to the other major one that i don't really talk about, because i don't think it's a good um sentiment. Indication of what's going on is the dow. You can check that out dia, but that's just the top 30, not really mine interest.

I mean the spy is the top 500. The cues are the top hundred with a big tech. Emphasis and iwm is the russell 2000., the dow 30. It's not um.

In my humble opinion, that usable just because it's just the top 30 companies um, i just don't really like following it - that much so in terms of amc, so we are looking, hopefully for a double bottom off of the 2021 region. We've been tapping that multiple times now we know it's the high from january of 2021. So that's some technical resistance, that's turned into support support. We basically need to build up momentum and break above this 24-25 dollar level as long as we're below 24.25.

I would definitely from a technical perspective, consider that to kind of be dangerous, because what we've really been doing ever since mid-june is putting in lower highs and at a certain point we had higher lows when we were building out this wedge. But then ever since. Breaking that wedge, if you take more of a general view ever since then lower highs, lower lows, that's obviously a bearish trend, there's no, if ands or buts about it. I'm not here to - i guess, gaslight you about! Oh hang on, like somehow you can interpret it.

Dropping as being a good thing, no dropping is just not a good thing now. If you go out far enough, obviously we're up like you can be specific to whatever time frame you want to pay attention to, but i'm saying right now we want to get out of whatever this trend has been ever since mid-june. We want to bounce off of this, and i think the first step is getting above and closing above that 25 ish area and then obviously a break above the low to mid 31s would be a clear, a clear and obvious change of trend. So that's one of the major things i'm watching for with amc, but quick reminder.

The short interest estimation is now pushing 20 percent once again gamestop kind of flat. We got this enthusiasm after the wall. Street journal reported the thing that we already knew about, but anyway, that didn't hold we're getting a dollar gap up right now, uh similar to amc it's out of key support. We want this key support to hold uh as many as a certain loud minority within the amc and gme community uh.

They don't think that they're tied together at all, but they are, they obviously are look at their charts. They kind of move in tandem uh. It's not a perfect correlation of one to one, but it's kind of insane to say that there's no relation in their movement at all when that's literally, if you just look at the charts you're like oh wait, there is actually a considerable amount of relation between the Two: let's move on to some of these tech plays because i think that's where some of the money making opportunity is going to be today uh. Let me get up this price label, so you have apple uh that went just below 193, similar to the spy queues in iwm you're.

Getting this valley set up if it continues to push and hold above 175, it's gapping up about a dollar forty ish right now, a dollar thirty ish! I like that, but i'm looking first forward to take out 170 750. That's my level of interest on apple! If it does, i would then be looking for a test of the current all-time high microsoft. Also getting that valley, nice gap up right there, i'm still in micron. I was basically copying pelosi on this trade.

The past two to three days haven't been like so good. I have the january 21st, so not this friday, but next friday. I have the calls on that for a hundred, so looking for this to get some enthusiasm uh, it's only up 71 cents right now in terms of a gap up, i thought it'd be more, but let's see how the day plays out recently lucid has been crushing It past four days, even when the market has not been looking, that good, lucid, has been looking good lucid's, been looking very, very good. It's in the ev sector, and it's also probably going to benefit off of an increase in energy cost such as oil.

Ev itself is hot. The short interest on lucid is considerable. I've been following lucid for a bit and i have to admit i'm a little jealous. I didn't get in at 40 right now on the most recent push, because this is looking strong.

What i'm watching on this one is 50 for the next setup, but lucid, looking very, very good and similar to that, not as good but yes, tesla has also been having a good run, at least recently. Let me get rid of some of these drawings that i had previously um at this point. I'm kind of watching right i mean 1100 - will be a key level, we're gapping up by about 25 right now. I didn't do that.

Math right, we are gapping up by about 15 right now and if this holds above 1 100, i know it's at 1080 right now, once again, i'm watching my main level of 1140.. So, overall, as you can see, things are pretty green right now, i'm excited for the opening. We have about seven minutes left so with all of that, i just wanted to get. I guess the explanation of what's going on with cpi, what's going on with the fed? What to expect for the remainder of the week we had the cpi come out today.

Ppi comes out at 8 30 tomorrow, banks report on friday and then don't forget for next week. Monday is a market holiday uh, it's only a four day trading week. Next week, tuesday, wednesday thursday friday, not monday, just so, everyone knows and i'll be reminding you of that for the really the remainder of the week, because that's obviously going to have implications on if you're trading options or something you might think. You have an extra day of trading when, in reality, you might not in terms of my public portfolio, not public the stock, one where anyone can see if you sign up, but the one that i've been sharing with all of you.

I have calls on tesla. I have calls on micron and all of those updates are on the like the moon, gang locals community. I write uh the updates. Whenever i make any trade when i open or close it, i'm updating it there first and if it happens during the stream.

I obviously tell all of you so that's the setup on the day, i'm starting off pretty bullish. Let's see if it holds that's the finger cross thing, that's what we're hoping for uh inflation coming in pretty soft uh, not as soft as it could. I mean they were like slightly hot relative to like estimates, but the major estimate, the cpi year-over-year, was in line. So no surprise there and obviously you can tell that the mark had priced it in and it's liking what's going on, so let me switch it up.

I haven't checked in on amc, looking good in the pre-market gme looking good in the pre-market. Let's throw tesla up there, let me drop everything to the one minute and that is it for your pre-market, dumb money prep for the day, the dumb money prep. I like that now, let me uh what kind of questions? Let's let him fire we have about. Five minutes morning, moon gang happy birthday mark.

What else do we have hang on? Let me click on this um, my question for you um, whether it's through the stock market or whether it's through the crypto market based on this, i'm just kind of curious. How many of the moon gangers the vue apes, are actually using this as a okay, like i'm gon na like you're, viewing it as a dip buying opportunity? I mean. I know some of the stocks have been dipping, but really the more of the major dick has been in crypto and we're just seeing this like talking about that valley setup. Look at all the bowls getting set up right now, uh! Hopefully, we see a nice rip back higher thoughts on matic um.

I could talk about matic more than the crypto show, but i'm in it i like it. I have it bullish on it. Moon gang millionaires, uh, what's going on with amc, what's going on with amc um, i would argue it's a combination of two distinct things. You have an increase in shorts, so obviously that's selling, and then you also have people who are just selling out whether it's institutional, like hedge funds, banks or retail, like you, can't deny that there are people selling, that's how a stock goes down is when there's more Selling aggression than there is buying aggression, so the selling aggression, i would say, is the combination between the two, whether it's shorts plus people getting out of their long position.

Those are two types of selling new shorts longs exiting when you add those together it that's not even specific to amc, that's just a specific to a market thing when you see something going down, those are going to typically be the two culprits. This um this concept of and once again not specific to amc or gme, but to say something as asinine as no one selling this thing. It has good sentiment. It has good emotional appeal.

It gets people riled up. It makes you feel um like strong in a community, but it's also one of those things that it's like. I don't know like. That's where you almost have to go into like your nerdy mode, like that kid in high school, where you said something in the class is having a good time and then the nerd like pushes up his glasses and he's like well, technically.

Technically, that's not right! Uh! Well, you see here, that's exactly what you have to kind of do in this scenario to say no one's selling well someone's selling, because that's what volume is volume is people buying and selling every every transaction that produces volume? It's a willing, buyer and it's a willing seller, there's no such thing as volume or transactions. That's just a buyer or just a seller. Every volume, every the share volume that you see, that's how many people bought and also simultaneously sold within that day uh. What are my thoughts on white cough? I actually like why cough i'm, i'm not the biggest fan of it on smaller time frames.

I just maybe this is anecdotal, and maybe i need to do more appropriate back testing to see if i am right or wrong, but i think it it's better. On a larger time frame like i'm, i'm a fan of wyckoff across all time frames, but i think i've personally had the most success with it. When i'm looking at the daily chart, if you want, i could do like a whole wike off breakdown, video of like what it is, how to use it and like some of my own, like personal tips and tricks, but i'm a fan of it. Uh.

Are you still long on prague? Yes, i am, if any like those stocks like when i'm just holding stocks on options, that's on the td account which i don't know how to make that public, but then on my stock account, you can see that all on public.com like if you have any questions Of if i'm in amc, gme prog corsair, you can literally just see it on public that i'm in it long on mana lrc, ada sandbox this year, uh on, i am long on all those except for sandbox, and i will be long on sandbox. I just need. I just need to get money over to some wallet like sandbox. Isn't the easiest one to get similar to like floki, similar to um ripple like you just have it's, you can't just easily get it off of something like voyage or coinbase.

Typically, you have to go through a swap or you have to go through like a wallet type of a deal. Uh i see all right, hang on, some people are talking about, dwack is dwack having a good morning. Dwack is having a good morning. Well, i mean it's kind of at some of the resistance from yesterday, so on d-wack, look for that breakout of 66 uh amc that pre-morning push not holding thus far.

It's up 0.57 percent, so it is holding d-wac - is up 0.33 tesla's up 1.3 spies up point. Four, all right: we are about to go ding, ding ding in ten seconds, everyone prep up final reminder: inflation came in soft, i'm bullish on the day, but that doesn't matter because expect high volatility. Just because you have expectations, ding, ding ding, the casino is open. Um.

You still have to stick to your training plan, so whatever your training plan is you have to stick to it. It's just how this works. Uh. You don't want to be so stubborn in your position that you're, like somehow blind to whatever, like the major trend move, is all right.

Let's see how this opens up and let me actually just double check my tesla tesla tesla tesla, all right, so i'm getting beat up on micron, but obviously tesla's working out pretty nicely. Thus far. Let's see, let's see, you know, i'm expecting uh a decent amount of volume, decent amount of volatility, particularly at open. Let's see the overall reaction to how this stuff is playing out.

Man gamestop can just not get any volume. I honestly believe that gamestop might be in kind of this stalled pattern until the official announcement of the release of the nft marketplace from them um. I would in no way at all, like i'm actually kind of betting on it. That gamestop just does not do much until the official official official release of their nft marketplace.

Until then, i think we're going to continually see these like kind of lower volume, lower volatility type setups and days. I want to move this up there um, but obviously i'm betting on the fact that when it does finally come through, i think there's going to be quite a bit of excitement. Uh amc tried to get a bit of 23 but got smacked uh. We have tesla.

Looking good right there, all right spy, we're seeing some money flowing in uh amc is not holding what else is moving lucid having another good day, at least thus far, let's see if this can hold what is the utilization on gme uh? It's been low for a while, but it's actually jumping now it's been around 40 for a while and now it's all the way up to 80.. So, hang on, let's start that out utilization yeah! Look at this! Ever since the start of december, we've gone from 26. All the way up to 80, a very noteworthy jump in gamestop's utilization, it more than doubled in the past month and a half uh for the end of december. We were cruising at 57 and now it's 80.

uh thanks for bringing that up. Whoever did uh were seeing a noteworthy jump. What's amc's, but amc's, on the other hand, has been kind of going down it used to co-said in the 90s yeah, so it used to be 88 87. Then it came down to 73 popped up to 81, and now it's just coasting in the mid 70s.

So actually amc and gamestop game stops is slightly higher, but both of them in the mid to upper 70s uh huh, all right, tesla's going. I hope you are getting a move or a portion of this tesla uh, all right, all right, all right, all right, let's see it uh. What is this uh? Just a very quick friendly reminder. I would ask of you just because it's hey literally yesterday, one of the bigger bitcoin channels just terminated off, of youtube, like similar to my experience in the past.

That happened twice with youtube of people, just getting completely terminated, no reason completely taken out um this. I just don't morally stand for this censorship, and i've said this before and like. Unfortunately, i guess it's on more people's minds when things like that happen, but it absolutely blows my minds that people are putting all of their eggs in one one proverbial basket by just being on youtube. It doesn't make sense to me because we, especially when it comes to these communities, who we're kind of calling out government we're calling out politics, we're covering out the current wall street regime.

It's dangerous! It's dangerous in terms of like the censorship thing um, so bitcoin magazine got. They were live streaming yesterday and got terminated and so be because of that i just morally that's it's so so messed up so with it um. If you feel the need, if you um, are trying to take that support to the next level, which truly makes like my heart sing, i it means the world to me um. I would ask that you send any of that through rumble, instead of youtube, uh guerrilla champ champ.

Thank you. Can you check out p-i-k and gamble with me, p-i-k p-i-k kid pick: corp non-durables, apparel footwear. I in all reality have not heard of this at all. Two days ago it was looking very brutal and then it somehow bounced uh i mean if it recaptures 750.

I would argue, that's a good thing and then you're trying to get the push above 850, but also it kind of just started trading. Not that long ago, in november, so i would want to - i guess - get more of a chart, but what happened over the past two days. This is really funky to me. That was kind of doing its thing.

Huge sell-off, huge pop back uh guerrilla champ champ. I'm just like wondering if you have more uh like information on what this is. Someone is asking about cfei. This is the spac play for rumble just so everyone knows.

I currently have no cfvi. If i do buy it i'll, let you know and then i'll also do it in the public account. So you guys can see if i am or if i'm not in it. Oh the someone said the pki is a a zack morris pump.

I don't know if that's true or not um. Let me look up the ortex on this one pki there we go pki wait. This might not be the right one, because this one, i believe, is trading on the nasdaq. Oh wait! No! This is it hang on p, i k.

That's. Why p i k it's because i typed it in wrong. Who would have thought that you had to put in the right ticker to get the right information um? So i'm not seeing a short interest, but we know that there was about 53 000.. So, as of the information came out yesterday, but it was valid as of december 31st and that's saying that it has a short interest of 4.71 um utilization is 45 shares on loan 24.

It is definitely a low float and the cost to borrow is relatively high, but as of late december, and obviously things can change very, very rapidly very rapidly, with a stock like that, because it is such a low flow. But all i can really tell you is as of december 31st, it had a 4.7 percent interest short interest all right. What do we have going on here? Lucid very, very strong, all right, let's see, let's check in on amc, gme amc actually trying to bend back around gme trying to bend back around. We could throw those up for a second to see if they get any momentum, i'm particularly interested, obviously in tesla, because i'm actively in an option that expires this friday on tesla, i'm also in micron micron had a good morning, but it's not holding right now.

So we don't need to keep that up, so we can watch lucid. I, as of right now, have no lucid position, but i kind of want a lucid position that might be. Let me think of how i could do that. That might be something i want to put in the long-term portfolio, so i'll pay attention to that for sure on uh sends all right.

The short interest on sends. Let me pull that up, for you really quickly sends has a short interest of 27 um costs. To borrow 27.8 utilization 97 shares on loan 119.. The only thing i don't really like about that is it's a larger float if it was a lower float.

That would just be better, but these other numbers are pretty nice, but once again, you're going to need the price action. All those are just a prerequisite for the capability of a squeeze just because they have those numbers. Doesn't gon na mean it's gon na squeeze. There's this misconception that just because something has a high short interest, it has to squeeze.

That is wrong. That is erroneous. Please do not think that way if you do think that way, you're going to get severely burned on a trade. All of these are more of hey, it could squeeze, but you still need the price action you need that pressure to go on the shorts people are talking about dwack again, is this moving uh dwack trying to break out actually, as we speak, uh tesla not really Doing too much right now, let's throw up dwack dwack trying to get that break and hold above 66.

If it does, this thing could potentially move. I have no dwack just so everyone knows uh. Can i check the vortex on clove. I've never really liked clove.

It was being like, promoted and pumped by people who don't know anything about the market. They're just go with that trust me bro type of an attitude i didn't like clove i looked into it. I didn't think it had impressive numbers, i'm not. I don't see the clove play if you're in clove.

I hope it works out for you the same thing. I've always said about nakd. I just don't see the play and i think it's one of these plays that people want it to work. The amount of people who were got mad at me because i didn't like clove i didn't like naked.

I didn't like cei. I just i don't see the play like. I don't understand it. Um, all of these cei at least has a higher short interest, but there's there's no price action there.

So all of those were ones that came across and at like one point or another, you had people who are very exciting about it and, of course, when you have people excited, that means that you have people mad. When not, everyone agrees with the play, but nakd cei clov, those are all ones i never got into. I never understood, and if anything i would actually all argue that they were a better short like. I would have preferred to short those or i would have preferred to buy, puts on them, so it wasn't just not understanding it.

My understanding of it was that i was bearish on them, but i never ended up trading them. Uh someone's calling out east is having a good push right now, so is btc crypto overall, with these, the numbers coming out having a solid one, um all right looks like amc and jimmy are kind of petering out right now and the market not holding it lucid. Coming back down, what's tesla doing rut, row raggy rut, row uh. What is going on all right, actually, it looks like dwack is one of the best ones right now: 1.88 rivian uh kind of looking weak, though intraday lucid, i'm just curious.

If there's any nice movers at this moment in time support some of youtubers, i got auto cancelled by youtube for from your bulldog team, i jason matt kevin. I have rejoined again: oh shout out, dory's r, us something weird is going on with youtube uh. I don't understand, i hope i hope it's like an honest mistake of just like an algorithmic mistake and not malicious attacks. I mean, of course, they're never gon na say that it's a malicious attack and i hope that it isn't.

Maybe i'm just naturally optimistic. I understand in the world of coding, sometimes there's just bugs and bad code, so whatever problems youtube's going through right now i very much pray. It's just that uh someone is saying: bbig is up. Why is it not coming up there? We go vinco ventures uh.

So the larger time frame, not looking the best but the shorter time frame, actually looking pretty nice you're looking for that breakout above 260 and from there i'd be watching just above three dollars: um, i'm not in bbig. But these are the tech like just you have some support. You have some resistance, i'd be looking for that breakout of 260. 260..

The queue is looking a bit questionable. This is a very, very good live example of why i try to wait. Those first 10. 20.

30 minutes, because sometimes you get caught up in that morning, enthusiasm and it just doesn't hold that's why i don't like creating a position right out of the gate. I have no issue with closing a position. Sometimes you just want to lock in your gains. I'm cool with that, but opening a new position right at market open.

I just don't think it has a statistical edge to it, there's just too much whipsaw, especially on like big announcement days and in reality. Even if you came in super super bullish, well right here that just saved you some money, because the volatility died off you're at a cheaper price. So it saves you not only in shares, but it also shaves saves you in like volatility that you're paying for in your options. Um, it's not a golden rule, it's not something that, like it works every single time.

Sometimes, when you do this, you do miss out on big moves, but it's just not something that i think with enough data points. Most people will realize that getting in right at market open is probably not an ideal way to handle the market uh. You ever try to make plays on pre-market. No, i'm not! I have traded in pre-market, but back when i was doing that more of this pre-market trading, especially circa, like 2017 um.

I was on e-trade at the time and they like it, actually cost more money. So, like you were paying for commission like on any trade, but then those commissions were greater in pre and post market, and i was like, for my account size. It just didn't make sense, i'm not really uh, i don't trade at all, pre or post market. Now shout out gorilla, champ champ, all right, let's see if the bounce is going to get induced.

No, i'm just looking for some signs. We kind of tap the bottom side of the celter three times. Let's see basically 472 on the spy, is what we're watching 472. All right what uh, oh amc, waking up jimmy also waking up are definitely more exciting than d wack at the moment.

So, let's throw those up for now and let me reload this awesome awesome awesome awesome. Why is hood up um, given yesterday's loss of information? Also skipped the cold milk go pure steam milk pro tip from a new cap guy uh miles because it just before that it hit an all-time low. If you look at the rsi, it's so extremely oversold that it was kind of due just for a natural like reversion bounce. You have to at some point, um look at like where things are occurring in the bigger picture, but um cr miles wall, street viking, uh dean, solo, angie, caesar, oh hi, hey! What's going on king kong morning, beautiful apes, cam uh! I do appreciate it.

You guys are the absolute best, but just a friendly reminder: uh, if you could just it's gon na, be better, let's financially support the companies that we actually like are supportive of. Let's not forget that youtube, just rips away people's channels and right now they are suppressing crypto channels. They are suppressing ape channels, they are suppressing people trying to point out political insider training and all of that stuff - and i feel like we just need to kind of put our money where our mouth is, if you so choose to do so, um and support the Ones who, like don't censor, free speech, all right now we're starting to see a little bit of a bounce? Is it going to hold never mind? Did i speak way too soon? Oh, while we're waiting to open this up hang on, i did want to show you one thing: uh, very, very quickly if you are watching on rumble or if you were watching on twitch. This will in no way have implications on you uh.

But if you choose to use youtube as your home um, i previously asked everyone if, if it would prompt less confusion, if i spin off all the crypto content onto a different channel, because right now on the youtube channel of mac cores, it's all my content. It's my live streams. It's my vods, it's my crypto! It's everything i just have that channel and then we clip some of the live stream stuff and put it on coors light, and i just noticed over like a week or two of doing it, that there was confusion when it came to crypto stuff um. It didn't at first make the most sense to me, because i was like well hang on.

A lot of this stuff is involved in the world of crypto, but it seemed like there was a demand to maybe prompt less confusion and spin off the crypto to a different channel. So i asked twitter that, and the majority over 50 voted yeah spin it off to a different channel. So that's exactly what we did uh here. I could put this in chat but crypto cores uh.

This will be the final week with crypto content being on this youtube channel and then from there here, i'll put it up it starting next week. It's all going to go on to crypto cores if you're interested in that crypto content. If you are check that channel out, if you don't care about crypto whatsoever, great you're not really going to have to see it then on this uh the math course channel, but on rumble you're good to go on twitch you're good to go. You don't have to change anything there.

This is just people who uh. If you choose to watch things on youtube, i my goal is just to have less confusion, but i just posted it in chat just so. Everyone knows happy anniversary, thanks. Matt for all you do.

Are you going to do for the i'm a better trader now for following you for a year, shout out mt pockets, empty uh? What's going on hey game stops, looking solid amc waking up we're seeing if the overall spy can wake up? Let's see what tech is doing, tech dragon a little bit the russell, also kind of dragon, let's see if things are gon na spin around loose and still looking good still, looking good. Of course, let me know if there's any other movers any other breaking news. Anything like that, the whack watch for dwack to hold above 66. mu trying to get above 95.60 all right here we go now we're seeing some of these buyers step in.

If i personally did not have a position right about now would be the time i'd. Ask myself like okay, like do, i believe in the current move. Do i think it's actually going to push? I don't know what this f-a-t-h is, but it seems like there's like a coordinated pump of it, f-a-t-h whatever that is f8. What is this? Oh yeah, but it looks like it was a spack deal and it got destroyed, and now this is like it's one bounce back.

I don't know if i would mess with that, not my play if you're in it. I obviously want you to crush it. Hey amc is waking up. Jimmy's waking up sweet sweet sweet.

What else do we have i'm just trying to catch any any? Any big news? Let me see where this is all at there's one more news source. I want to check just as we're looking seems like things are looking good as we're not paying attention to it. What do we have? What do we have? Oh man, i'm just reading some of this stuff, the insider training that unusual whales posted from, like all the government officials, absolutely nuts, absolutely incredibly nuts. I think.

Maybe we could talk about that in the afternoon stream, maybe kind of do a deep dive into because it's not just pelosi, it's a lot of political figures and it's not left or right. It's left and right what our politicians are actively pulling off and doing is it's disgusting. It's absolutely disgusting. Shebe is moving.

Someone said, shebe is moving hey getting a bit of a move there. I don't mind that kind of getting beat up this one once it gets back over 40. I think that could be pretty interesting. I still have my sheep.

I still have my doge doge on a relative basis, kind of getting beaten down more from its high, but hey, hopefully it's putting in another low here, and it just moves off of that. For those of you who are a little tardy to today's stream that little project we've been doing of getting the 10 cryptos to hold for a full year based on all of your votes, the first five are in and are purchased uh. I bought the thousand dollars of link mana gala, crow, algo uh, we're i'm gon na be doing my best to get sand and floki today, and then i also just am waiting for approvals and everything to get saitama and xrp, and then that would just that's nine, That would be nine, officially locked in hopefully all done by today and then the last one, i'm just gon na do a classic, hey here's, a poll of a lot of different cryptos, whatever gets the most votes will be number 10.. Oh matt chibi inu got listed on bitso, which is on the mexican crypto exchange.

Oh okay, so just more people getting exposure to it. Nice, nice, nice, nice all right, looks like the spla. The spy shown some shown some strength right here, 72 60. We might be setting up for a cup and handle test, hopefully test and break out of that uh gamestop was shown some strength, but ever since 945 kind of stalled out how's, lucid doing lucid's still actually looking pretty strong the cues, the queues need to bounce a Little bit more amd, what's moving micron mic run, got that breakout the cup handled breakout, let's see if it can reaffirm at 95.60 and move from there, uh wishflowkey was easier to get coin.

Pace needs to get it. Please someone correct me if i'm wrong, but i believe you can get floki on coinbase wallet. I believe i believe i believe i believe lrc just listed on public, okay, so lrc, maybe potentially on the move as well. I'm a fan of lrc, i mean actually man ethereum, looking good bitcoin, the two big ones are looking awesome.

Do i it's not pinned to the top of chat, but it's um. The first link in the description of the video, maybe the second link um. If you're trying to buy the crypto bounce uh previously, i've explained why you shouldn't be using robinhood or weeble, or really even public for crypto, because it's not a wallet, you don't legitimately own it, and that is partially true for voyager some of them. You do own.

Some of them, you don't, but the issue with voyager, is it's only for people in the u.s. So then i found out about blockfolio which ftx bought and then there's ftx us and then there's ftx like international. It just seems like a better catch-all solution and they also recently rolled out their nfts um. So if you're interested in the crypto bounce, you can check that out.

Just so you know the ftx us and the ftx international that's more equivalent to coinbase pro for any of you who are familiar with coinbase pro and then block folio would be equivalent to like your a phone app, but it did seem easier to just kind of Go with one that was a catch-all, at least on my end, opposed to having like a million zillion different affiliate links like okay, this one for us this one for international this one for this crypto this one for that crypto. It just seemed easier to consolidate all down to one uh people are talking about bbig still is it moving. Bbig is moving uh trying to get a breakout right here. It's at its like breakout level and if it holds i'd, then be watching three dollars on bbig.

We could leave it up for a second to see what happens with it. The spy is waking up. Tesla is waking up, attendees are on the horizon. M.C hood listing sheep in february.

It me maker was that officially confirmed. I knew there were some murmurs about it, but did like robin hood come out and say it honestly. I think that robin hood should i'm well aware that i made a video completely trashing robin hood yesterday, but i think one thing that can like actually save it is if it gets quicker at listing what media would refer to as meme coins, because that's like where People have interest in um, so i actually think that they should do that for any chance of saving the company unusual wales announce it um i mean i would want to see the announcement actually from robinhood on that one, just because it's one of these things that Has been discussed for such a while that, like i, would want to see an official announcement from the company tcg world for the largest metaverse of 2022.. Now i have recently myself been messing around in the metaverse learning about it and i kind of want to get a pair of like the newer, better goggles, i from my research.

The answer to this is yes, but if anyone knows more about the metaverse than obviously i do, i believe the answer is yes, but can we build out our own ape nation like a digital metaverse, ape nation, where we play games watch the market like just gamble? Do whatever we want to do like, i know it's possible. I guess my question is, is how tough is the like technical engineering overhaul to build out in a nation like digital metaverse? Imagine that every day like we watch the market together we can gamble. We could watch movies, we could play games and, like obviously i have no visions of grandeur like i know at first it would be rough, but as these communities continue to improve and the technology continues to improve, like, i think we're going to that, like ready player, One-Esque future uh tcg world would have ape skins for a player you can run around as a wall street. That's ape interesting.

The data is the problem, not the code. Oh, it's like it expensive for the data or hey matt.