Hey. Thank you. Please, hey! Oh welcome back to dumb money. Today it is thursday january 13th and boy.

Oh boy. Oh boy! Oh boy are things green, green, green, green, green, green inflation. Coming in we'll be going over all those. Yesterday we have the consumer price index.

Today we have the producer price index, also delta reported their earnings. This morning we have a development with the fed. We have the fed governor brainerd, most likely being approved today by the senate panel, lots of things going on and if you're looking at your portfolio right now, you are most likely seeing some green. It is exciting stuff and for me personally, we're seeing tesla going even higher again this morning.

The trade that we called out uh on january 11th two days ago, thus far is crushing it. I hope you were making some money off of that and man man. Oh man, i love this. I love this just the volatility, the green that we're seeing we have quite a bit to be going over, so we'll be touching on all those things i just mentioned.

We also have some developments related to the unicorns that are running around the world right now, but also i want to talk a little bit about, i suppose my kind of overall thought process right now. I want to reiterate some things: we've been stating about amc and jimi. Some of you are going to say, hey. That makes a lot of sense.

Other of you are not going to like it whatsoever, but then we're going to also be diving into some recent sales and statements related to adam erin. So we'll be diving into all that stuff. Before that bell goes ding, ding ding, so sit back, grab a cappuccino and let's get ready, also very quickly before we get into the important stuff here. I do want to say that i feel strongly that if you are still highly supportive of single shot, espresso drinks and like you just don't start at double, i just don't know.

If we can be friends all these drinks, they should obviously start at a double shot. Like that should be, a normal shot should be a double shot, but i don't want to go too far too far off the rails on this one anywho. Yes, the producer price index came in the ppi and what you need to know about it is, first of all it was good. I mean down.

The dow future is up s, p, future's up nasdaq futures up oil down and then the yields currently up. So let's talk about what we're actually seeing, as you see the green and the spy you see green and tesla gamestop, not moving too much we'll throw up the nasdaq right here. We're seeing some green in pre-market - and here are the numbers you need to know. So the producer price index is basically the in cost.

The increase in cost for basically life as being a producer. Yesterday was the exact same thing for consumers so year over year the number came in high at 9.7, but it was lower than expectations of 9.8 and the prior reading was 9.6 so month over month month. That means we're up 0.2 when the estimate was up 0.4. So basically, inflation is high, but it's not as high as expectation and then if we want to look at the core ppi.

Basically it came in at 8.3 versus eight, so that was a little bit hot, with the prior being 7.7 and then month over month. It was 0.5 versus 0.5, so a little bit of a mixed bag there, but the main thing: the main headline of the ppi year over year. It was 9.7 versus the expectation of 9.8, so based on expectations, that's actually coming in a little bit cold. But overall, if you're, just looking at the magnitude of it, yes, inflation, it's high, it's very, very high.

It is painfully high. Just also so you know, uh the jobless claims went up by 23 000 clocking in at 230.. This is something i don't think i covered yesterday, but i do want to share it with all of you. Um year over year, used vehicles are up 37 and gasoline from december of 2020 until now is up 50, so just kind of in.

I guess that, like the driving sector, the vehicle gasoline energy sector, those are very, very high right now to the point that uh, the president, is looking stepping into kind of like the energy sector trying to bring those prices down. We also have food prices exorbitantly high right now, so that's kind of the setup. That's exactly why you're seeing this green right now is because of the inflation report it's high, but based on expectations coming in soft. So people are liking that and you're seeing a lot of green so similar to yesterday, when i'm gon na have to wait and see how things open up, but i'm going into the day, bullish and seeing if this can continue and do not forget tomorrow, we have Quite a few banks reporting their earnings before the market opens so yesterday.

Well tuesday, we had the jerome powell, the senate panel, with his questions and renomination. Yesterday we had the cpi. Today we have the ppi and also the fed governor brainerd, going with her senate panel. That's at 10 a.m and then tomorrow we have a group of four or five banks.

All reporting right before the market opens so a volatile week, and then please don't forget that next week the market is not open on monday in observance of the holiday. So next week is a four day trading week that will have an impact on you, particularly if you are an options trader. So here's the information. Wholesale price is up 0.2 percent in december, less than expected, but still a new, 12-month record.

So once again, it's up. 0.2, the expectation was 0.4. That's a month-over-month reading, while the year over year is 9.7 versus the expectation of 9.8. It's expensive, apparently to be a producer.

Five things to know before the market opens today. Wall street looks higher after nasdaq's three-day winning streak, and it is looking good so far so higher and higher and higher. Like yesterday, we were talking about the valley setup, not really a common technical term that you're going to find in a like book, or anything like that. That just happens to be the people that i trade with we kind of use the valley and then also the peak terminology, just so we're on the same page, but this nice far f bar setup.

I want to see a push basically at this point to 394 possible to get it today, but we have to see the reaction right at open also, so things are green across the board, but just so you know, moderna is expecting to get report data for various Trials for children, age, two to five delta airlines reports, strong earnings revenue shares rise, yes, delta, d-a-l, having a good reaction to its earnings report. Look at that pop. We are currently up 2.27, so this is kind of signaling some strength. I know recently the airline industry.

It's kind of had some questions, there's been a lot, a sizable percentage of flights, canceled delayed just issues with airline and travel, and this is kind of relieving some of that pressure, because airlines have been beaten down but delta. Maybe if you use that as a caveat for representation of the overall airline industry, this might be signaling that we could have a slew of positive reports. I would not be in any way surprised if there are sympathy plays today in other ones, such as united southwest jetblue alaskan. I would be looking at the other ones to play off of this, which once again, would be referred to as a sympathy play.

Pardon me more unsurprising: hot inflation numbers new jobless claims move higher once again, 9.7 versus 9.8. The cpi is up 7 versus expectations of 7. uh. The weekly initial jobless claims came in at 230 000 and it is up 23 000 from the previous week senate panel to hold hearing on brainerd's fed vice chair nomination.

So that's at 10 am today and then finally biden to highlight the federal response to unicorn surge. So i do have some positive news related to unicorns. There is a study out of the university of washington based on the rapid. I guess like infection rate, they are expecting us to hit the high water mark on january 19th.

So, in less than a week - and this is kind of interesting - i wrote down the quote: um. They think we're going to hit that and then from there there's going to be a drastic plummet in cases which is obviously good news and here's. The reasoning. Why? Simply because everybody who could be infected will be infected, so it's one of those things that it's literally traveling and spreading so incredibly rapidly that they think we're gon na peak in less than a week and then from there.

It's gon na plummet because everyone who could get it is gon na, get it and then we're, hopefully gon na, be done so uh. So i i just pray that this is kind of uh. One of those things i'm trying to be optimistic here because, like the past year and a half two years has been rough for many many people and i'm just looking at some silver lining, and i just hope that we get out of this and we could return To normal, or whatever the new normal is but hoping hoping, we can bounce back very, very rapidly and hey. Maybe i am being optimistic, but um we're seeing some good signals in the data, some very, very good signals.

Now. Let's talk some specifics about amc and then we'll go to gme adam aaron. Yesterday, tweeted this back in august, i said that at age 67, i'd sell some amc shares towards year-end all trading decisions out of my hands under the guidance of a chase, 10b 5-1 plan spread over three months. Those sales are now all finished.

I still own or plan to vest in 2.3 million amc shares i am in now. If i'm being completely honest with you, i have very um, i would say mixed feelings on this um. So, first of all, if you don't know what a 10b51 is, that's basically a plan where the trade is out of your decision, the it's decided way in advance. They lock it in and then on a certain date in the future.

No matter what it's trading at x, amount of shares are sold and it's all decided by someone else. So whenever you see 10v51, don't think that that person who has the 10v51 is sitting there and they're like okay, i'm going to trade. Now, i'm going to trade. Now i'm going to do this, i'm going to do this.

It is all decided super far in advance, and we know that over the past half year, adam aaron has been calling out the fact that it is prudent at his age to have proper estate planning and that's his reasoning. So now, on a human level, i need to clarify: i don't care, it doesn't matter for him. I get it he's 67. He has a family.

He like i have been. I don't know i was raised in a household where you're taught to not care. What's in other people's pockets, i think everyone should be doing what's best for them. Obviously, he thought this was the best course of action for him.

That's great! If you want to do something that i like the entire point with this, and i think it's a big pillar of what the apes are built on, it's more of don't tell other people what to do. Let them try to make the best decisions. They can possibly make so with this. I think a lot of people are like coming on to him of like well, that's not diamond hands, blah blah blah that type of a thing, and i get the emphasis of it and it's more because of his particular position.

Let's say that he was not the ceo of amc, it literally just wouldn't be news. Let's just say he was a rich guy who had a bunch of shares. He's like hey guys. This has been a great previous year, but i'm 67.

Let me lock in some of my money and i get that, but then i also get that that's not reality and because of his position. You're gon na get headlines like this. This is the negative aspect of because of his position. Amc ceo says: he's done: selling stock after unloading, another 7 million, and then you read it and it's very obvious: they put it early in the article.

He has sold more than 40 million of the stock since november. This stuff is factually accurate, but maybe to people who haven't been particularly following the storyline. They might not get all the nuances, the important nuances of the story. So it's one of these things.

Where, for myself, do i care what another person does i don't? If you want to buy amc, if you want to sell amc, if you don't want to involve yourself at all with amc, that's fine same thing with gme same thing with any other equity. I am not the. I guess, like end-all, be-all authority, on what how you should be engaging in the market. We all have our own autonomy and to tell other people what to do.

That is patently insane, and i would argue that it's literally against what it is to be named. I would vehemently argue that if anyone is out there telling other people what they should or shouldn't do with their money, that is crazy, but i also understand in a certain sense that with his position, you're gon na get headlines like this and then that could prompt A certain emotional and trading response from all the people who read the article so when it comes to this, i think it's good to take the emotions out of it and let's dive into some of the facts and once again, all of this stuff. Whenever you have someone such as the ceo making a move here are the facts and you can do whatever you want with it, but i'm already seeing so much false information zooming around on twitter and reddit about this. This was filed and you can see the date right here.

January 11th, so january 11th uh. We know that the sell the sale was executed and he got rid of 312 000. That's how many were sold right there, d disposed of at a price of 22 dollars and 85 cents. This is once again adam aaron, so this was the transaction date, the amount and the price.

After that trade. You can see that he has 205 000 available, but that's not the end of the story. I think a lot of people were stopping here, particularly people who are attempting to hate on amc. Remember it's always important to scroll down to the bottom, and i think that this might be difficult to read or for you to see it's very small text.

Let me see if i can zoom in here. I just want everyone to be able to read what i'm reading so uh right here make sure you're reading everything on the page when it comes to sec filings. This does not include shares issuable upon future vesting of equity grants, including 781 000 shares issuable, based on continued service and 1.3 million shares issuable upon attainment of performance goals at targets which, when combined with the ownership report above, would represent a total of 2.3 million. So i think, there's a lot of people who are getting confused, they're like well hang on.

Why does this say 205 but then in his own tweet he's saying 2.3 million well, it comes from that look at this which, when combined and reported above that's how he's pulling up this 2.3 million share number. So my overall, i guess advice here, is when you're reading these reports, you don't just stop halfway through make sure you dive into the whole report and understand. What's going on, i need to reiterate: do i care what one individual is doing? No because i'm in it for my own reasoning, my own dd, i am never in a stock or out of a stock or in or out of an option, a crypto future, because someone else is in or out that is one of the most silly idiotic ways To be involved in a stock, you should be in it for your own reasoning, but i understand there's certain people that have an abnormal amount of sway so, for example, adam aaron, with amc ryan cohen, with gme elon with tesla, and whenever he talks about crypto. I do recognize that there are certain people that their particular actions - other people are going to either fade them, or do the exact same.

So i get that it's more complicated of a situation, but overall, i think that these types of headlines that we're seeing we are officially done with those right here from adam aaron he's done, he's done all trading blah blah blah blah blah. I still own. He his selling is over so spread over three months. It sounds like we have concluded with that.

So there's a little bit. I don't know people have a lot of feelings on this and for me i i guess, and this will tie in i guess i want to quickly talk about gamestop and amc. Just so you know, amc has a short interest of 19.3 and gamestop has a short interest of 17.2, so i just want to get those out of the way, and now i guess like overall commentary on this. Let me throw up gamestop for me, this has been a wild year um this literally this point.

A year ago i was still a software engineer. I was a coder and then, in february of 2021 i decided to pivot over to doing market commentary full-time. That is what i pivoted over to do. I did not start my channel because amc or gme gamestop made me big, made me known and then amc made me even bigger, but it was always me attempting to entertain and educate about the markets.

I am not a person who tells you what to buy, i'm, not a person who tells you what to sell. That's not what i'm interested i'm just interested in teaching people how to fish. That's my interest is teaching you a skill set and when things are boring, let's mess around. Let's have a fun time.

Let's, let's make each other laugh, let's build a fun community, but with all of that being said, i feel like a lot of the fun has been taken out of this community. There's a lot of toxic people. I shouldn't say a lot. I think it's a small minority of very toxic people if you go on reddit, if you go on twitter you're going to see how toxic they are, and i think something needs to change, because that actually is like legitimately scaring away people who would be in this Community, it's like all this, like weird amount of like infighting, people who are like continually pushing insane ideas that have no bearing in reality whatsoever, and i've said this before, and you're gon na probably hear it again with amc and gme.

If you ever ever have questions of, if i own it, it's super simple, you just go to public and i'm telling you i'm not selling, i'm in it, i'm in it. If you want to know, if i'm going to sell just tell me if the shorts have covered, if the shorts haven't covered, you can know that i'm still in the position. If, if need be, i will hold those for the remainder of my life, but that's not necessarily an appropriate trading plan for everyone. Once again, you got to trade.

What is best for you? You got to make actions in the market that is best for you and your family. I've made a decision for me, but that's not necessarily, maybe maybe that is appropriate for you. Maybe it isn't. I don't know.

I don't know your background. I don't know your risk tolerance, i don't know your personality, i don't know your financial situation, it's impossible for me to know it. All i can do is share my opinions and share with you what i'm doing, but i literally don't want to. I legally can't - and it's just morally incorrect for me to tell anyone what to do.

This is that's just like it's being a human like. I just there's this concept that people think they can tell other people on the internet what to do with their money and not only is it idiotic, but i perceive it to be hyper immoral. I've said this before and i'm saying it again with amc and jimmy. I'm in them, if there's ever high volatility, if there's ever breaking news, i'm going to cover it, i love amc.

I love gme and i'm still rocking that position, but in the meantime there are so many other opportunities that i think it is imperative for us to pay attention to not only if you're just learning, maybe you don't want to trade it, but just as to develop Your own skill set, but also, if you want to trade it like you, can be making other money. So if you truly do love amc and jimmy to that extent, that allows you to buy more this, and i will this is so incredibly important. My channel, my community, we are not a community that simply watches the minute chart of amc and gme all day every day. That is boring.

That is a waste of time. There are other people on this planet who do that and if you want to sit there and waste your time with them have at it we're all able to do our own thing. That's just not what's interesting to me. It shouldn't be what's interesting to you, because you're not learning anything, then let's cover the news when there's volatility we'll cover it, but if they're boring and they're low volume, let's focus on other things and attempt to learn more and hopefully make additional money.

Isn't that why we're in the market, if you can't walk and chew bubblegum, if you can't diamond hand a position that you love and also continue to learn about other things, i'm not sure if the market is right for you, you have to be able to consume Multiple things at once and honestly, amc and jimmy are comically easy, because if you are a self-described diamond-handed ape, you don't have to do anything. You can literally just sit there if you already know that you're holding it for, however long there's literally zero point in you watching a minute to minute chart, you will drive yourself absolutely insane. I've said this and people some people, like it, other people don't, but at the end of the day i have to do what is best, i feel for the overall community and what i feel is best for the overall community is continuing to teach all of you Sitting here and watching a chart, literally anyone can do it. In fact, you see a bunch of people trying to do it and it very quickly just gets boring everyone's like okay.

This is what it's doing. This is what it's doing, that. That makes no sense to me: let's keep it going. This is the rise of the retail trader and for us to get even bigger and be serious competitors and a serious threat to wall street.

That means that our collective knowledge needs to get greater and greater and greater. We can't stop now. Yes, over the past year, this community has learned an immense amount. It is highly impressive, but don't stop.

We need to keep learning and, on top of it, as you keep learning you make more money to me. This is such an obvious, amazing proposition and to people who don't want to hop on this rocket ship and continue to keep going higher. I truly appreciate your support thus far, but i also understand that sometimes there's just a simple desire to watch certain equities and do nothing else and if that's something that you're particularly interested in hey, i truly wish you the best of luck. I honestly do.

I hope you make a lot of money, but for people who want to actually learn about this skill set and learn about the markets and like truly better their lives and their family lives. We we need to be more diverse. We obviously have to be more diverse. Speaking of which, today, with that ppi information coming in and the cpi yesterday, anyone who was watching it, this tesla trade, is looking absolutely great.

There's going to be other opportunity today, the other one that we've been following. This is actually from pelosi uh. We are long on micron right now we were just doing exactly what she did this trade. As you can see, it's already up.

There's money to be made. Why would we not want to make money all right? Speaking of that, we have about five minutes left and i want to turn it over to all of you. So any questions comments, concerns charts. You want to break down short interest.

You want to know about technical questions, anything about maybe the 10b51 reports uh, but we do have about five minutes until that bell goes ding, ding, ding, ding, ding and let's get after it. Oh hang on. Actually, while we're doing that, cappuccino break always always a good cappuccino, break ford, ford is probably looking ford's been annihilating. It lately a gap up to a new all-time high.

It looks like high 91. Not a new all-time high, but very, very close. Very very close uh is someone is commenting about d-wack, so dwack had a very good close yesterday, uh hit a high of 71.81 uh, looks like it's actually trying to get that breakout at 74, currently coming down like a dollar in pre-market. But let's see if this holds and a big technical breakout on d-wack would be at 74.

74 on d-wack is level. I would particularly be watching man strength a lot of strength. I know there's some movement in like the reports and hopefully some beta uh versions coming out soon. Uh g e someone's asking about g ge 10240, looking strong coming back into this like sideways chop, it broke down, but it was like basically, a fake out breakdown.

Bounce off of 89. um you're gon na have serious resistance at 107. if it gets above it that's solid, then i'd watch 115, but i don't think it would break through on its first attempt, unless there's some sort of a announcement, neo neo nice gap up neo 33, 89 um, maybe 30 uh. Just i guess 33.

Some support some resistance. I'd be watching that, but on a relative basis, i do like lucid better right now. I, like the chart, set up better and i also think it has um less of a risk due to political situations. Yes, crypto is looking super good um.

Yesterday i announced, if you guys want you could check it out. This is where i'm like posting all my trades and everything um. So yesterday was the day that i got five and actually, on top of that, i cannot let you know that i got two more um. I got sand and phantom ftm so adam for the crypto project that we're doing uh.

I already seven of the ten are purchased um and i got the sodoma mask thing. So hopefully that gets rocking today i'll be picking up floki and then there's that's nine and a ten and then there'd be one more open spot and the tesla trade that we are rocking today. I called this out right here: switch tesla position at first, i had tesla puts switch it to a call position and here's my reasoning with pal, so we called that out on the 11th, so this is actually um, i'm kind of almost using it as yep. We can share news together, like if you have questions so right here.

Froggy was asking about dwack next resistance. 74. If you can hold above 70., so people feel free feel free to post. Your trade ideas feel free to post articles.

You find interesting, and on top of that i'll be doing it, but then also sharing information that i think is pivotal to the market and i'll also be letting you know about, like the trades that i'm particularly in or out of um. If there's any interest in that all right, let's go back to this all right. We have about a minute and a half 90 seconds. I think there's gon na be a pretty positive reaction to this ppi report.

I mean we're already seeing hang on: let's throw up the spy man looking good. How are the queues? Also looking good, i'm excited for market open today, i think. Actually, speaking of that tesla trade, i will probably be locking that in for a gain this morning, uh, let's get after it. Actually i think i yeah.

If we get a little quick morning, push i'll lock it in it's not a day trade. Since i've been swinging it since the 11th i'll lock that in wait for things to settle and then i'll, let you know if i'm like repositioning myself, what else do we have? What's up my cappuccino, bro check out visa all right, how's visual, looking vis-a-vis visa vis-a-vis strong and we're actually seeing strength overall in the financial sector. Right now, i've noticed as we're coming into like friday's bigger bank report. Multiple bank report we're definitely seeing some strength and financials and i think overall, the fact that everyone's kind of accepting of really seemingly that we're going to have three interest rates, uh interest rate hikes it does seem as if financials will do well.

Ding ding ding, the casino is open all right. Our radar right, let's see, let's see whoa tesla going the wrong way for me. There the wrong way wrong way. Tesla supposed to go up.

Hey it's supposed to go up all right. Let's wait! Those first! 10. 20. 30 minutes see how the market opens that burst of initial volatility, kryptos looking so good solana, sheep ethereum, all of them all these are just looking great right now avalanche.

Look at everything is turning back around nice, nice, nice, nice. All right don't get mixed up right out of open, that's not a commonly held rule, but i think it's a rule. That's really helped out me personally. I mean i know people who trade right at market open.

I just like to let things settle i'd rather miss out on some good trades than get into too many bad trades. If that makes sense, is there anything that's having a surprisingly good open? We have d-wack some nice volatility right there. How are the queues looking at open, peso coming down all right? Where are the buyers at i was told there would be buyers all right. Are these going to turn hang on? What's vic's doing all right, let's see if this is all going to get turning, so we have the the spy the cues iwm ooh, a lot of people excited about bbig.

What's going on with bbig up three percent, i think bbig, three bbig's looking pretty strong. Actually, the risk a little far away, you're risking like roughly 30 215, all right, spy's now finally pushing but bbig yeah is looking strong uh. I have no bbig position, but i hope you do. I hope, you're crushing it tesla not doing what i needed to do.

But the queues are picking up and the spy is picking up. I think it's just a matter of time before tesla does that's a weird mismatch: how are the bigger tech ones doing apple, looking good this morning amd looking good micron, looking good corsair 21? Not honestly not moving much nvidia's up one percent. What else do we have that's going? Actually, the ev sector kind of struggling relative to these other plays how's prague doing prague hanging out at 174. That's down 3 today that one's not really pushing, let's see, are how are the whales positioning themselves this morning so out of the gate, the one whale trade we have thus far today is a tesla put for tomorrow, 1105, and they bet a quarter mill on it.

273, that's the the one whale trade i have coming across, thus far, which that's like super, not cool. Why are they going against me like that? All right, how's amc opening not the best and gme? Let's just hope that they both settle soon spy tried to push. Couldn't hold same with the iwm, but the queues are kind of looking strong, interesting, hmm, all right, tesla time for you to wake up time, for you to wake up, will amc, follow amc will most likely be kind of related to the russell right here. So if i were pbig still looking good, is there any news on vbig? No, oh there hang on.

Let me just see i'm just curious, because bbig has been looking good bbig. I don't see any obvious news on. It could just be a solid technical development huh, but anyway, yes, amc we've seen this historically, but it seems to move in a similar mannerism to the russell and that checks out, because amc is the largest equity within the russell. So it makes sense that i'm not saying that they should move in lockstep together, but they're going to have a related, a related move for sure tsm whoa semiconductors did that's it just hit a new all-time high wow wow wow wow range bound for a while finally Gets out right here tsm! This is literally a perfect example of a white cough accumulation.

So if that's something like if you're looking for a real life example after reading up on all of these this right here, this push this over exaggerated sell-off. Then it goes flat. You get some of these false breakouts higher lows and then it rips from there. This is up.

You could perfectly apply the terminology of the wyckoff accumulation to this so right here, you're seeing a nice expansion, obviously they must have crushed. Earnings were gapping up, it beat on the reported earnings and also the revenue earnings per share of revenue both be both were a surprise to the upside you're, seeing a beautiful seven percent gap up, i wouldn't chase it. I mean i i just feel late to the party, but if you're already in it, if you've been playing it ever since the bottom of this range or the 122 breakout, i mean you deserve it. That's a beautiful trade, that's a great great trade, uh! So congrats.

If you got a chunk of that, bbig kryptide spin ftyd, not official, yet okay, so some rumors going on with bbig uh, i'm not in safe moon. I mean it's just i i didn't find safe moon to be like the most compelling project, not something i'm like particularly interested in, if you're in it, like. I hope you make money. I know that they have a sizable community and if there's one thing i've learned in this past year, it's that you don't fight against the community, but i just find other crypto projects to be intriguing at least more intriguing, hey.

If i had unlimited money, i would put a chunk into it, but unfortunately i do have a finite amount of capital. And honestly, i thought, when i did the like, announced that crypto project that i'll go a thousand dollars into 10 different ones and hold it all year. Safe moon got a surprisingly low amount of votes um. There were other ones that were extremely more dominant, so i found that to be surprising.

I just thought there would be like more people who like wanted, that one um, but it just at the end, didn't really have that. Can i look at reli more than happy to r e l, i r e l, i r e l, i uh 25 short interest right now in reli, uh you're asking if it's a glitch, i don't know if i would think it's a glitch. It's kind of telling me that over probably two days ago that they had some of the shorts covered in the positive movement to the upside. I think, speaking of relie - and maybe it came from amc and jimmy people - have this misconception that, like when shorts cover it has to go up hundreds, if not thousands of percent.

That's not true, like sometimes you get a nice, whatever 20 move or whatever realize move was recently and that could be shorts covering now. Obviously, it still has a higher short interest, so more shorts could still be forced to cover if the like, the pressure gets too much on them, but um. I think, with the very unique situation absurdly, like definition of a black swan event of what happened with gamestop. Everyone's thinking that it has to be able to go from, like 20 bucks, all the way up to 400 500, and that's like a normal thing - that's not a normal thing! That's exactly why we're still talking about gamestop! That's why there's journalists who have been following it? That's why there's documentaries that have been made documentaries that will be made it's because it was that crazy of a situation.

It's definitely not commonplace. Why is amc trading sideways? I don't think it's really trading sideways looks like it's trying to make a little v-shape recovery right here. It looks like it's trying to bounce with many other things going on in the market. Everything, it seems like everything is getting this swing around vibe today the swing around vibe all right did not mean to do that.

Let's see, let's see all right tesla coming back around. If we get a nice push here, uh i'll be locking in those gains today. Why betting against amc stock is still a bad idea? What is this? Let's do a live reaction. Why betting against amc stock is still a bad idea recently, all right this year? Why is it still a bad idea? Crashed short sellers lost billions on amc.

We know that the planet of the apes is the biggest uh ape army is its biggest strength. These bold shareholders have vowed to buy and hold the stock. No matter what, yes, the meme crown is extremely hard to predict, but luck appears to be on their side. Given their remarkable gains this year, any bullish park may be the catalyst needed for amc shares to skyrocket again, so the in a certain way and like.

Obviously, this is my first time seeing this change. They change in shares. They have a put i'm trying to see what they did. Although a letter release, uh didn't explicitly mention it's the disastrous amc bets.

That's the reason for the closure. It's cited cheap money environment in the markets that has pushed stock and bond prices to high levels. They lost billions collectively lost 3.44 billion this year, wow 3.44 billion. That's a lot of money.

So really it seems like the a lot of this is coming down to this was written back in december um. A lot of it is coming back to this thesis of just it's hard to fight a community, so i think we're just in a time period where we're seeing value previously value, equaled, fundamental value and now we're starting to see that the equation is a little bit More complex we're seeing that value equals fundamental value plus other things, and i would say right now, one of the obvious things that's in that equation is community value, it's very, very difficult to fight against a massive massive community. All right amc is actually looking pretty good. Today, gamestop, what's gamestop's volume at we are at 150 000.

man i wish gamestop would get more volume. Tell me something to make me feel a little bit better about my prog shares. I mean i don't know when you got in, but i just think prague is an undervalued company. Prague.

I mean i've tried to be very specific about this. I view plot prog as a long-term play. I am not in prague for a short squeeze if it happens to squeeze that's great i'll lock in my money, wait for it to come back down and i'll just reinvest but prog. I have a multi-year time horizon on prague.

So it's one of these ones that you kind of just buy it, and i, if there's news and developments i'll, happily cover it, if there's a squeeze i'll be stoked but um. I think a lot of people are kind of engaging in certain plays and everyone's thinking that, like anything, that shortage is somehow like a get rich quick scheme, and i don't know if that's necessarily a healthy way to look at it or, i should say a profitable Way to look at it so to make you feel better, i would say, check out the multi-billion dollar industry that they're disrupting with their patents, as it relates to basically a newer age delivery system for humera. Look at how much humerus sold and then look at their market cap. I would argue that is definitely undervalued.

Uh option on ride went from 20s down to three. Well, that's brutal on ride. Lordstown motors looks like this was the one that was clearly better to play. Puts on ryan getting beat up both ride and workhorse, which they're kind of intertwined both of these stocks kind of getting messed up.

Unfortunately, i'm still bag holding workhorse. I very much thought they were going to win the usps contract and ever since then i was like. Okay, whatever we'll just be holding out on this one, but no obviously on this play, the money was to be made on the short side, with both workhorse and ride, apparently how's highly undoing another one that i'm getting severely beat up on. These were all very popular in 2020 uh kind of these newer age ev plays, but, as you can see ever since they've been getting beat up, not i don't know people have kind of stopped talking about them.

It's a sad situation, i suppose, but i still have my highly on and my workhorse, i don't believe i ever actually had ride. I'd have to double check my portfolio my longer term one matic moving nicely. Am i still in manic. Happily, still in matic i mean i'm actually in all of these.

I've been bitcoin, ethereum solana, avalanche, cardano, matic, she bloopering doge uh mana sand, hex. Literally all these. I am long on right now and i love it love it love. It love it.

Even with the recent pullback encrypted, ooh gamestop got a nice little pop right there, even with the recent pullback in crypto um. It has worked out phenomenally well like because of the run-up in 2021, i'm still like in a beautiful spot, like i'm feeling no pressure at all. In fact, literally over the past two days, i've been adding to my crypto position, just kind of a bet on what was going to go on with inflation, and fortunately it was a proper bet. So, if anything, i just improved my overall position.

A solid dollar cost average move and it's been playing out very, very well bbig still looking good bbig looks like it's actually about to break out bbig bbig, here's how i would play it. I would not be getting in today. I know some people piled in yesterday. If this holds above 320ish, i would be locking to looking to lock in all or a majority of my gains at this gap fill from november 22nd uh this 377 375 area.

I wouldn't be one of these things, i'm like, oh i'm in it. Now it has to come back up to 12.. It can obviously can and that's why you leave some runners on if you want to, but i would just play it from level to level and the next major level i'd be watching is maybe a little bit of a hiccup at 360-ish, but i would really be Looking for this gap fill from the low on november 22nd, which is still a nice, twenty percent gain a very nice twenty percent gain. Uh people are yelling duck.

What's going on with d wack d, wack waking up d, wack, that's 70. What level are we looking at on t-wack uh right here, d-wack moving, 72-ish 74-ish 74-ish d-wack might have another crazy day in it uh. I know there's been some murmurs of its beta, getting released there, hey matt, please clarify cpi and ppi reports and how they correlate with the market, especially with gamestop and amc uh. They don't particularly have a correlation with amc and jimmy.

They have a correlation with the overall market and the overall market has a correlation with amc and jamie, particularly the russell, but remember every time, you're doing that jump. The correlation gets a little bit weaker each time so cpi, ppi overall market amc and gme, particularly the russell for amc, namely, but anyway cpi's consumer price index. How much? How expensive are things becoming on a relative basis for consumers and then ppi is that, but for producers they're both high the magnitude of them is very high like if you look at the cpi, we're looking at the same inflationary levels from the early 80s. That's a four decade high in what it is to be a consumer.

That's how costly things are um. Those are the things, though, that, like i guess, you should know about inflation and we should all be paying attention to inflation, but that's for the overall market, like yeah, it's going to have some sort of tertiary effect on amc and gme, because if they come in Soft or cold you're going to see the market goes up and then a rising tide raises all ships, but it's not going to be directly correlated with the movement of amc and jamie, more of like a secondary environment uh. What's your prediction for the market response for the oh, the senate panel today for the governor, the fed governor um, i think it'll be very similar to powell, like i think, he'll be reminding people of hey we're going to be hawkish to the extent of battling inflation, But we're not going to be so hawkish that we ruin the party for everyone, especially with the ppi numbers coming out. I think it's still honestly.

I don't think there's going to be much of a particular reaction to her commentary. That starts in about 10 minutes or her questioning. I think people are just kind of currently exhilarated with the two recent inflation reports and i think we're just going to continue to go higher today right, jimmy amc, looking good and, like i said this morning, if things are looking good positive, we get some volatility more Than happy to keep it up spy bending back around cues a little bit flat, iwm moving, definitely helping amc out right. There look at the russell um.

Actually, the russell i've been calling this out for a bit now. I still feel good about this gap bill to 228.50 and we're right now. At 218-ish i mean that's a decent move, we're getting in a higher low kind of a triple bottom scenario, triple top scenario, so a little bit of a range bound, but showing some strength. I still really like this gap up to 220 850 on the russell.

All right is tesla ever going to bounce back around. Let's check out some of the big guys, so we have a tesla call a tesla put test a call. Micron call for march a tesla put a tesla call a test. Tesla call.

What is this one estc, a tesla tesla call so tesla, definitely getting a mixed bag today, with the biggest bet being the 800 000 bet on the 1125 call for next friday, the january monthlies, and then i just want to see. I don't know what this e-s-t-c is: let's see what that is: e-s-t-c elastic envy, i've never heard of that, and i don't really like the chart that much all right. Let's see what tibio is suggesting for today, let's see if there's any solid trades kind of small numbers on the bull side. What about on the bear side? Ctlt, okay, no major data coming across quite yet on tiblio, interesting, mixed bag, put call put call.

It seems like tesla's just going back and forth, but roughly looking at the numbers, it seems like more money is currently being put into calls for between scattered between expiration tomorrow, but a decent amount of them. The expiration is next week. The 21st interesting interesting interesting. All right, tesla waking up game, stop waking up dwack, looking good dwack trying to hold uh.

Let me know please: everyone yell in my face, if you get if we get dwac getting above and holding above 74. micron, would love that push to a hundred tesla waking up right there all right, thus far. Where are we at? We are looking for everything to come back all right, tesla. I need that push micron.

I need that push forward over 25 ford man, so much look at ford is crushing it. I hope, you're making money today, because right now things are. It seems like it's easy to just be going long at this moment in time. Things are looking very, very green.

Obviously, just don't let greed get in the way stick to your trading plan, whatever your profit target is take your profits, even if you think it's going to go a bit more hey. You already made your plan, stick to your plan, stick to it! If you already made it wall street viking, hey brother, some thoughts on rumble, i can't play it in the background like i can on youtube, so i switch my page or try to turn off the phone screen. I can't hear you oh hey match: can you pull up the crystal ball and let us know on coin coin coin: coin: coin: coin: if it ever loads, um coin, i actually kind of like this setup. We know coin is going to be related to how expensive bitcoin is because a lot of its revenue comes from transactions, so the higher these are the more money coins going to make and honestly you're kind of buying it at support off of a little bit of Bullish divergence so, if you're comfortable with risking 216, not a bad deal like your risk, reward ratio is favorable, but really it is a quasi bet on.

If you think, crypto is going to continue to bounce back bbig hit that major support at 217. If you pull back and look at the daily you'll, see it it's a gammon short squeeze play, look at the option chain expiring next week, uh! So actually, early this morning i was taking a little sneak peek at the bbig options chain. Just because more and more people have been asking about it and yes, sir bob, if it keeps going if bbig keeps moving the way it is you're going to get some people who just need to hedge they're selling. All those calls out of the money, but remember you're gon na - want to see like the dollar increment jumps for sure you're like it would be obviously better taking out three taking out four here.

We go tesla all right time for me to make some money. I want to transfer my socks from robin hood to a better platform and i'm afraid to squeeze will happen when they transfer and we'll miss it. I don't think you should be worried about it. I don't think uh i mean this has been a question that has been asked for months and months now and it just like.

Obviously we have not had that event. I think you, if you start your transfer today tomorrow. I personally think you're going to be fine. Of course, there's some risk to it, but remember that these squeezes they don't it's not like it's one day at 23 and the next day at some ungodly high number.

It takes some time. You see the momentum build up. If you were to start it today, i think that's, smart! Here's, my recommendation, everyone get on public, it's free to sign up, you get free trading and in fact they pay you to get going. You get up to 70 dollars of free stock.

That's awesome! They are one of the most transparent stock brokerages out there, 75 percent of your trades go to lit exchanges the only time they don't is when they legally have to send you somewhere else, because they found you a better price relative to something like robin hood or Weeble this is exponentially better. Now, if you're an option trader, you might have to go somewhere else. I'm kind of i don't know, there's that weird thing of the misreporting from fidelity. So i don't know if i really trust them.

Um, i'm using td for my options and i think interactive brokers is good for options, but there is absolutely no reason whatsoever to be on robin hood or weeble if you like, weeble for its charting okay, i kind of understand that, but this charting is also great Um, if you're on trading view, so i just i i'm just not supportive of weeble or robin hood - i think they're stealing from the public, with the payment from order flow setup. I definitely think they are so i just don't use them and then for crypto. I just got rocking a week ago with blockfolio, which is owned by ftx. They have ftx us and international, which is equivalent to coinbase pro having uh a lot of fun.

I i really like the ui really like the ui and the coolest thing about blockfolio. Right now is you can connect all of your accounts, your coinbase, your gemini, your ftx, your voyager. Whatever you want and you can see what your overall crypto is worth in one spot, so kind of equivalent to mint if anyone's used that for their finances before. But it's uh pretty specific to crypto, which i think is awesome all right amc getting above 23..

I like that gamestop stalling out a little bit is bbig still moving, no coming down a little bit. Let's see, let me know if it bases d-wack, d-wack d-wack looks like it wants to do something man. Is it easy to transfer amc from robin hood to td? I never transferred to td, i transferred well. Actually, i had issues transferring i never transferred out of robin hood.

I, like my transfer i tried to do from weeble, was the one that i was on um and i had problems and i ended up having to do it all manually because it just weeble, wouldn't let me transfer out how do you feel about unity or nvidia? I like them both as a metaverse play. I would be medium to long term bullish on both unity and nvidia, both of them actually beyond the metaverse play. I think they have a lot of advantages. A lot of advantages, uh you promoted weeble.

I did yeah and then i learned about what was going on: there's there's no one who hasn't promoted weeble, everyone that you know in this world of apes. There are people who are still actively training on it. You see they're trading pictures which is horrific and they say that they're an ape and then beyond that all everyone promoted it. Everyone had an affiliate link because what happened with with robin hood back in january february, everyone got so pissed off.

Everyone tried to get to the next brokerage as quickly as we could and the most similar one at that moment in time was weeble. No one in february was on public, like people were on it, but it wasn't being well marketed or anything literally. Everyone was on it and then we started to learn about payment for order flow and we switched off. I mean that's just called being a like a human and learning and being like, oh okay, this is messed up and then you switch off of that, like literally, if you want to talk about weeble before that, we all literally promoted robin hood.

Like you just learn. It's not like anyone knows the future and knows everything about a company. You learn and you learn and then, as you more information comes in, you make decisions based off of that, but i mean if you're gon na, i guess hold me responsible for promoting weeble. Yes, i promoted weeble.

Do i think that matters at all? No, because i learned what was going on and i made the moral decision to move off of it recently. They just emailed me and they're like hey. Why haven't you been promoting us anymore like? Can we they offered me more money, and i said i'm not working with weeble ever again, like i don't know, i easily easily could have taken the money grab and take an additional the amount of money. Weeble offered me was ridiculous and i said no.

I was like i just that it doesn't make sense to me. I use weeble for options in charting. Can i still be an ape yeah i mean when it comes to options starting well. First of all, what's an ape i mean everyone has their own definition.

If your question is, can you use it and feel good about yourself? I don't know if this will be compensating or not, but there's no way, i know of to trade options and avoid payment for order flow. It doesn't. I don't know of a single brokerage that has options. It seems like the world of options.

Trading and payment for order flow are very much always intertwined um, i'm literally not sure of a way man dwack's getting a move right there um.