Oh, oh, be my skin, my skin, my skin, oh oh, be nicer! Me in my skin gang hello, hello, hello. We are in a new place. I would like to introduce you not only to chair which of course i brought with me i'd like to introduce you to couch, and i would also like to introduce you to lamp the the family's growing uh there's nothing at a certain point in your life. Sometimes you become 27 and you realize you have to grow your furniture family and that's actually exactly where i'm at in my life, i was like.

You know what it's been a great run. I realized that i'm a good good friend to chair and i figured why not grow the crew. We have a couch, we have a lamp. Things are on the up and up and up.

I cannot really articulate that any better. As you can tell, we also have a better lit place now, a little bit of sunshine. I know a lot of you were worrying about me. Is he a vampire? Does he get vitamin d? Why does he look like a walking bag of mayonnaise? I read all those comments and i figured i should probably do something about it, and you know at least once a week once every two weeks, something like that.

Finally get some sunshine, so i'm pleased to announce, i have finally made it out of my mom's basement. I am now in my mom's attic. We are physically and literally moving on the up and up and up welcome back moon gang, i'm so excited to be here. I know we had a little bit of an extended weekend, the holiday weekend.

We have a four day trading week ahead of us and i honestly think the next two weeks, maybe more than two weeks, are going to be insanely volatile. We are in the start of earnings season, we have the fed, we have big earnings, announcements, apple tesla people are starting to notice hang on. Is this overall bull trend from 2021? Did it not really make the new year's resolution to continue into 2022? We have various things going on and it's going to relate to high volatility, which means that, if you're paying attention, high volatility means a lot of opportunity. You just have to do your best to spot it, stick to your trading plan and hopefully you're making some of those attendees.

Now what we're going to do before that bell goes ding ding, ding, ding ding. We will be talking about the overall market. I have some updates that relate to activision to microsoft. We're going to be talking about various other things, we'll be diving into amc and gme, where i'm seeing an interesting spike in amc's like borrowed shares already this morning, we're going to be talking about bbig, as you can see in your bottom bbig, crushing it a lot Of interesting things going on with bbig, so i'll explain that i want to talk a little bit about seasonality.

I have some rona updates for you and i also have an interesting story about a skillet for all of my skillet lovers out there. Now, before we get into all that, i just want to let you know that since i'm obviously in the new place, i have yet to have the time to put up all my sound panels. So if there's a little bit of an echo a little bit of weird audio distortion today, my apologies, but i will be working as diligently as i possibly can to get that all fully set up asap. Let's hop right into it all right, so the spy we're we're gapping down by point nine percent.

The queues are gapping down by one point: four percent bbig is up by 15 and, as you can see, activision is up by 35. You did not hear that wrong. If you are in activision, if you have stock, if you have call options, you probably have a big big old smile on your face right now, because it is crushing it and all this stuff, i will be diving into more detail. So if we take a quick look at the futures market, the dow is down the s p and the nasdaq are all down.

Oil is up at a multi-year high, 70 or 10 years. Something crazy like that and yields also. Not only are they up, but they had a big technical breakout above, like 1.77 1.8 ish, so yield going up. Definitely putting some pressure on these high growth high risk options such as nasdaq such as crypto such as some meme, plays.

Whenever you see the yields ripping. That's kind of telling you that people are being a little bit more risk off five things to know before the stock market opens today, tuesday january 18th, nasdaq's set to drop as short and long bond yields rise. So we're just talking about that. It's just kind of signaling that money is flowing out of more of what's traditionally thought to be.

These higher risk plays. For example, i could just show you the crypto market right now, as yields are going up, we're seeing bitcoin coming down we're seeing ethereum coming down. We're seeing solana coming down cardano's holding up a little bit stronger and that's because of the video or i covered. The reason why yesterday uh sunday swap so the first cardano backed uh swap dex is finally up the beta version and we'll be rocking with the full version in due time, but anyway uh the big news that kind of broke this morning, activision soars on microsoft, deal To buy the video game giant so it's kind of weird the the news yesterday was this activision fires: more employee employees over sexual misconduct.

So the timing with that coming out yesterday and then today we're coming out that microsoft, near 70 billion deal for video game maker. Activision so basically they bought it for 68 billion and some change and they're basically buying it for 95 dollars a share. So if, if you're in activision, that's awesome, they're crushing it, this obviously does have implications with like kind of xbox and call of duty. I believe that's activision's, like their kind of main flagship game that everyone has most likely heard of before.

But if you look at just like the dates that i think is interesting, the 17th and then the 18th it sounds like microsoft came in and they said hey. We want to buy you, but before we buy you, you need to fire this entire list of people, so they went through fired everyone and then the very next day they're, like okay cool we can follow through with the deal, but that's the reason why activision is Currently up 35, it is an acquisition from microsoft, msft all right. Moving on to the next one, goldman sachs misses on quarterly earnings shares sync, and that's exactly what happened so remember. Last week, on friday i told you we were kicking off earnings season and it kicked off with jp morgan city wells, fargo, j.p, morgan kind of missed, they went down.

Wells fargo actually did pretty well. It was great on the day and then city kind of gapped down, but then it ended up trading upward um. Basically, people were hitting on revenue because of more of an accounting tactic, but then really they were missing on earnings per share. So that's why we see like thus far a mixed bag and goldman sachs is now adding to said mix bag goldman sachs shares decline after fourth quarter earnings.

Miss estimates here are the numbers, so basically the earnings were 1081 a share and the estimate was 11.76, so they missed on that. But on revenue similar to what we heard previously with the other banks, they beat on revenue 12.64 billion versus an estimate of 12.08. So they beat there, the bank said quarterly: profit dropped, 13 to 3.94 billion or the 1081 that we previously went over. So that's kind of the same verbiage and scenario we saw with citibank last week, jpmorgan chase city group and wells fargo.

All posted fourth quarter results that topped estimates but shares the jp morgan city group sold off on higher than expected expenses. Just so you know this is going to continue so early this morning right here, you can find this on earnings whisper. It's a great twitter account. Goldman sachs, charles schwab, pnc bny mellon and then some regional banks, signature all reported this morning after the market closes today, there's some more interactive brokers.

You've probably heard of that tomorrow before the market opens bank of america, morgan stanley are up on deck. Png that'll give us some insight to retail uh some other banks after the market closes. We have discover united and american back to back so delta reported last week. They actually did pretty decently, so i would expect a similar thing, at least for united uh american.

I don't know, i'm not. The biggest fan of american. Their balance sheet is kind of a tough situation. After the market closes on thursday, we have netflix if you've been tracking that one and those are the main ones.

If you're kind of watching oil right now energy's been doing pretty well marathon, i mean there's so many marathons schlumberger is another one uh and then, of course we have some banks the week after this week we have not only the fomc meeting between the 25th and The 26th, but the likes of apple tesla they'll, be reporting so overall definitely expect some very serious and noteworthy volatility um and things. I don't know it's exciting. It's an exciting time because remember you don't just make money when the market goes up. You make money when you can properly identify the current trend of the overall market of an individual equity.

You just play that trend, so i think right now we're getting to a scenario where i think, maybe for the remainder of the month, we actually might be seeing a bearish trend. So with that i'm looking at maybe selling some calls buying. Some puts things of that nature. You could always do various credit spreads debit spreads if you want to lessen your risk, but overall, don't just think because, like oh, i have to buy this and i only make money when it goes up.

No there's various ways to make money in the market. The key is identifying the trend and whenever you see volatility, it actually might lead to more gains. So i don't know, i'm excited, i'm definitely smiling. Oil prices hit more than a seven year high after attack on uae.

So here's a look at the futures market for oil, it trades under the futures contract cl and, as you can see, we are cruising high at 85.. This is a seven year high. Let me drop to the weekly just so you kind of see where oil has been, but recently it oil's been just kind of nuts. This was real.

Oil did actually go negative at one point because of a bug issue that we previously saw. Actually, i it was prompted by a particular brokerage. I forget the name at the moment, but yeah oil at one point did go negative, as in people were paid to receive oil, but it's been over a hundred dollars before i believe it's actually been over 125, but in the past seven years we are looking to Get this breakout and potentially a rip. Obviously there was an attack right here which is prompting it to go higher, but on top of that there has been a higher demand.

Demand per month is going up on average, but also they are like kind of constraining supply. Um opec and their allies so interesting scenario developing. Obviously this is not a good situation right here. The attack, but i'm saying more of like the more general higher level view and finally, blackrock's think defense annual letter delivers stock market call, so people are talking about it becoming political, and this is their own mess, not particularly something that i'm absurdly interested in.

I have a couple rhona updates for you just because obviously that does impact the market. So a piece of negative news and a piece of positive news. Israel vaccine study finds people still catching the unicorn after four doses, but, like i said on a positive note, unicorn surge shows signs of easing in states hit early by the fast spreading variant and last week we covered a story of how they think it can actually Peak within the next couple days, we're gon na hit our high water mark and then come down from there. So some positive news that were about to be done with.

Hopefully, fingers crossed the worst of it, which should be a relief on all of us, physically mentally. But also, obviously, with the markets speaking of said, markets, here's the s, p, 500. Right now. Let me switch over to the daily chart just so you can get a better view of what is or isn't going down we're gapping down by one percent.

Today, uh people are starting to get a little bit. I don't know, let's you can see, people are becoming not scared, but they're noticing that it's not the same party we were rocking in 2021. The fed is interest rates are gon na get hiked they're gon na they're, pretty aggressive with their tapering there's a good chance that they're gon na be somewhat aggressive, at least to whatever level you want to really pay attention to it, but to the balance sheet normalization. The balance sheet runoff, whatever you want to call it, but we are getting out of an absurdly accommodative environment, that's what we've had for the past year year and a half and that's why things have continued to rip higher and higher pretty much since march of 2020.

It's been a non-stop party to the upside. That type of stuff cannot continue forever because the way it happened, we would just be battling absurd, absurd inflation, they're trying to unwind some of their decisions now before things get out of hand, because no one obviously wants to live in a hyper-inflationary environment. I think people are starting to notice this and who knows there might be a chance that 480, i'm not in any way saying that oh we're doomsday we're going into a depression, we're never coming to this level, i'm saying in the medium term. This might be the all-time high, especially when there's various things to consider the banks are coming in, not the best scenario.

We know they're doing three, maybe four, maybe more interest rate hikes, my right now, uh the probability of three is very high, but i think we're gon na end up circling around four uh, the environment's, not as accommodative seasonally. This is something i like to bring up to everyone right here, we're at this part, roughly in jan seasonally, over the past two decades of data. The second half of jan is a bearish regime. It's a bearish period for the overall market and, depending on how the fomc meeting comes out, which is once again next wednesday, not this wednesday but wednesday, the 26th we'll get more information about their aggression related to the balance sheet and also do they want to speed Up their tapering, are they going to go from march to feb, so there's various questions there that will have a gigantic impact on the overall market and the reason why i'm harping on the overall market right now is when things are such a noteworthy move in one Way or the other, it's very hard for individual equities to be doing something else, especially if that move is to the downside.

You're not going to be seeing much money flowing in, what's typically considered to be higher risk stuff, such as crypto such as memes. That is something that has to be considered in this scenario. If we are seeing the spy, the qs and the russell all plummet, there's not good a good shot that other things, a group of other things will be continuing to the upside. It's simply just not how it works.

Now with me saying that, of course, you have certain catalysts like activision being acquired. So that's why that's up so much we'll talk a little bit about bbig. I think that's actually really really interesting. The scenario there i want to like shed some light on that, but overall we're in this period, where the market's not doing its slow grind up, where you're seeing opportunities in equities right now, you're seeing the the overall market people are getting a little bit um.

I guess let's say: risk adverse right now, they're turning risk off and that's something that we literally all need to be paying attention to. There's no sense in just i don't know paying attention to an individual equity and not understanding its movement when the overall market is doing some incredible incredible stuff right here: legendary investor jeremy grantham sees an epic market bubble and expect a historic crash. Here are his 12. Most dire warnings, so he has been giving warnings for the entire year and whenever someone comes in so absurdly bearish, i don't really pay much attention to it.

If they're not also giving like a date and a reason like it's super easy to call for a new, all-time high or a crash and just never put a time on it because, like eventually those things are gon na happen. So i don't know take this with a grain of salt, but i did want to like these are 12 of his quotes. I didn't want to share the final one: there's a bigger buy-in this time to the idea that prices never declined and then all you have to do is buy than there has ever been when the decline comes, it will perhaps be bigger and better than anything previously In us history, of course he threw in the word, perhaps like that's like it's not a solid statement is my point overall. I do agree that there's going to be some sort of correction, i'm not here calling for doomsday.

Once again, i feel like that type of fear-mongering is just not appropriate, and it's also like rarely plays out like that. If anything, i i don't think there should be an emotion tied to it. I think our overall goal should be doing our best to identify what is occurring and then just play that trend uh, i'm not really afraid of bear markets, i'm not afraid of bull markets. The name of the game is, is it a bull market? Is it a bear market? Is it just chopping? The name of the game is identify the trend and you play with the trend.

Now, before we get into some specifics to amc, gme uh, we could talk a little bit more about activision and then we're definitely gon na be talking about bbig before that bell goes dingy, ding ding ding, but i wanted to actually share this story. Has nothing to do with the market? I just thought it was important. The world's largest cast iron skillet travels down a tennessee highway, so this is the world's largest cast iron skillet. It weighs 14 000 pounds aka seven tons and it's about 18 feet from handle to handle which is just wild.

I didn't know that they made them this large. I thought it was my duty to everyone who's, paying attention right now to understand that there are skillets. This big, i just thought that was important for us to know - does that have anything to do with the market, i'm not sure, but i'd rather be safe than sorry, as the boy scouts say always be prepared. You never know when you're going to have to know what the world's largest cast iron skillet actually looks like all right back to some of the stonk stuff.

So let's talk first about amc, so the thing i noticed this morning, yes, the short interest, is up. 19.7 percent, but what really jumped out to me is already before the markets opened. They borrowed 3 million shares against it. This type of aggression, especially seeing what the overall market's doing today, i think, unless things bounce very, very early, i think we're looking at a pretty bearish day.

I mean you look at this aggression, aggression against amc, look at the aggression against the market. There's no way. This is not yes. Are there people going to be pinning on their tinfoil hats, bitching and moaning about dark pools, bitching and moaning about short ladder, attacks and just saying random things? No one's selling this thing.

Yes, of course, people are going to say those things, but also remember those people don't know what they're talking about, sometimes there's just aggressive selling. This is aggressive selling before the market is open. They've already borrowed three million shares against it. We're seeing that the s p 500 is down one percent, we're seeing that the nasdaq is down 1.6, we're seeing that the russell is down one percent right now the bears the sellers.

There is clearly more selling aggression than there is buying aggression. It's one of these things that people are gon na attempt to drill home. All these, i don't know various sentences, paragraphs terminology that we've heard before and sometimes occam's razor. The simplest solution might be the right one of like hey, no there's just aggressive selling straight up.

There's people borrowing it they could be shorting it you're going to have some of these potentially bigger players who, whatever it's january, they're rebalancing. They don't want to be in this anymore. It's it's as simple as this. The stock goes down when there's more selling aggression than buying aggression.

A stock goes up when there's more buying aggression than there is selling aggression, and if the price isn't moving, that means that they're in equilibrium, it's always supply and demand, and the point where supply and demand cross over each other. That equilibrium point. That is the price of an equity of a future of a crypto. That's exactly how markets work gamestop! The borrowed shares are not some astronomical number right now, they're up to 16k.

When i first checked this this morning it was only 100., so it's going up. The short interest is rising, it's 17.25 right now, um, so we're seeing an increase generically over the past couple weeks. Amc gme short interest, definitely going higher and higher um. Like i said i would be very, very careful today.

I've seen it on social media that people are trying to talk about like what is it the amc 145s, for i think this week. I think that is a comically awful idea. I think you'll, if you're in the 145s for this week for next week, given what's going on in the overall market, i literally think you're just giving away money to market makers right now. Maybe i'm wrong.

I truly hope i'm wrong. I would love the explosion of 145 this week or next week, but i just the odds of it are so infinitively small that i truly think you're just giving away money to market makers right now. I have not traded an amc or gme option in months just because, in my opinion, the market and the technical structure are not ideal for options trading, obviously gamestop, particularly at the end of january amc, as we were running up to the start of june. That was an ideal environment.

It's not always an ideal environment to get into the world of options, and i just haven't seen a solid environment for either of those in quite a while. Yes, stocks different because stock time is not against you options. You have to always consider theta every single day you hold it, it becomes less and less valuable, stock's a completely different piece, because once you buy stock, you can just sit on it. Now, let's talk about the other one, that's i don't know definitely turning some heads right now, bbig, currently up 14 in pre-market, it was up 15.

I believe, over the past week, it's up roughly 75, probably at this point even more. So what do you need to know about bbig? This is your bbig crash course bbig, vinco ventures, think of it as a holding company that owns many different companies, assets, blah blah blah. What you need to know in terms of the metrics it roughly has the market cap. Now it's going to be actually greater than this.

As soon as the market opens of half a billion outstanding shares of 136, we care about their free float, which is roughly 90 coming in roughly 123 million shares, so bbig also known as vinco ventures. It's actually going to go through a name change pretty soon. I think it's zash, that's a media company, obviously related to bbig. They also own 50 ownership in a competitor to tick-tock.

Low-Motif, i believe, is how you say it, but overall, that's kind of like the highest level picture. Now, let's get into some of the actual details. So we know, as of december 31st, the the actual short interest on december 31st was 22.6 right. Now, the estimated short interest is up to 26 utilization sky high 99.9 percent cost to borrow, as in how much does it cost to get these shares out on loan? Pretty noteworthy almost pushing 60.

The shares on loan is 36 mil, so this has all of the the rumblings the ingredients in the recipe for some sort of crazy move. Now, why has it been picking up recently? Why in the world has bbig moved from two dollars up to 12 and then it came up had a failed attempt at a new high and then just got crushed from there. What changed? What is going on from january 10th and 11th until now, where in reality? Let's see what kind of move we have, we are up 78 and if we open right here we're up 100. Why is this going on with bbig? Well remember, when i said bbig is essentially a holding company.

One of its subsidiaries is called cryptide, cryptotide kryptide um. This is a company, that's involved in the world of nfts, and also just mining like think bitcoin mining. It's involved in the world of crypto. If that matters to any of you so for a while, we knew in august that they were going to spin this off.

As its own company and it's going to trade under the ticker t-y-d-e now, the question was: when is this going to happen? Well, what happened over the past week was people started to notice that there was some movement on various social media platforms, namely linkedin people were noticing new jobs, new job postings, new titles and positions, and it started to get the rumor meal going of okay. Are we gon na get this announcement soon of this company actually spinning off? So that was the excitement? That's why it pushed, and then, when you put that together with the fact that it previously has moved by quite a bit, people are noticing the short interest, they're, noticing the cost, to borrow they're, noting noticing the utilization. That's exactly why we're seeing this huge, huge explosion in price, but also in excitement right here, the on friday, it traded 206 million shares. The average volume over the past 10 trading days has been 44 million, with this high number already averaged in.

So it's probably in the realm closer, maybe even sub 20 million. You can see that this 5x plus increase in volume there's clear, clear enthusiasm for it now. Do i own any bbig? No, i don't i don't own any shares. I don't have any calls.

I don't have any puts, i don't have any short position. I have no bbig position if that changes i'll. Obviously let all of you know here are my thoughts of what's going on. First of all, this movement is definitely a a rumor new situation.

It's moving on a rumor and when it comes to the markets, there's always that saying buy the rumor sell the news. I think this will push. I think this is a money-making opportunity. In a couple days, people have already made over 100 in stock and probably an ungodly amount more in options.

Do i think this will continue higher and higher and higher. At a certain point i do, but i think the party will be short-lived. I think this is an opportunity that you can play it both ways. I truly do i think you can ride it up, we're in a buy the room or sell the news.

If you look at the fundamentals of the company um because of being watered down with a lot of warrants right now, it's operating at a pretty noteworthy loss um over the past two years, the year-over-year loss increased by over like 2 500. This is not a company. I would want to be fundamentally invested in it's not. This is a very quick active trade where i think you could make money on both directions.

I think you could write it up. I think you could write it down. It's more of sticking to your trade. Don't be greedy, don't believe these absurd price targets that are obviously never going to come to fruition.

This is an active trade. I think the shorts are in trouble. I think it could definitely move but remember whatever price it goes to and i'm not really in this game of calling out prices. I play it level to level the next level.

I'm watching is five and then five, ninety from there i'll be watching 770 and then from there i'll be watching nine. I'm just gon na play it from level to level to level, and when i see that the buying aggression is done. When i see like kind of that ball arc pattern, i think it's going to come down and i think it's going to come down aggressively. This is not something that i would hold or diamond hand, but it is something that i think you can make a considerable amount of money in both directions.

Um. This is definitely not something that i just buy and be like. I'm just gon na hold it hold. It hold it, i don't know how to stress that enough.

Maybe i'm wrong! These are my own opinions, i'm not a financial advisor. You have to do what's best for you, but i'm also telling you some of the numbers i'm seeing pushed on social media. For this. I just don't buy it.

I think some people are being disillusioned of how much a stock can truly move, especially in the event of even a high volatility squeeze. I mean the numbers that are being posted not only for bbig amc gme. All these numbers - i don't know how people came up with them, there's no mathematical backing, they literally picked a number and they got it to spread, and i actually think it's going to be problematic because there's certain people who are new to the markets that don't understand That it is mathematically impossible and then they just believe it because they've seen it enough - and i think that's very, very dangerous, very dangerous so once again to illustrate with bbig. Yes, i think i am bullish on it in the short term, the overall market's looking pretty red right now, bbig's in the green.

Yes, i am bullish on it in the short term and then, when that party's over i'm gon na switch to bearish on it, and i think, there's money that can be made in both directions. I just wanted to spend that quick opportunity to kind of give you the quick rundown, i suppose, of what is happening in bbig. Definitely interesting, uh. I, like the volatility.

I think some serious money is going to be made like i said i have no position but as if i that changes, i will let you know ding ding ding. The casino is open. The gamma ramp yeah wall street viking, i'll touch on the gamma ramp uh. After the market kind of opens - and we can see that i'll talk about what's going on in the options market uh - i want bbig to rally today back above my cost, so i can't so i can get out.

So that's actually another thing. Actually, while the market opens i'll talk about these two, so first of all, with the gamma ramp, there's a lot of activity in the options market, which could prompt a gamma squeeze a gamma squeeze relates to the options market. Where there's a lot of out of the money calls that are sold and they end up going in the money which is forcing whoever sold the premium to hedge the position by buying stock. So it's another form of firing similar to with a short squeeze shorts, are buying and then there's also fomo buying.

I would say those are like the three horsemen of major types of buying, so the highest level. What you need to know about a gamma squeeze is it's just another aggressive form of buying which pushes the stock higher, which could prompt a short squeeze which could fomo they all interplay with each other. But right now, if you look at the option chain, there is quite a bit that has gone from out of the money to in the money and it looks like there's even more especially if we get over these major dollar levels. Five: six, seven as it goes higher and higher you're going to get to the point where there's an extreme amount that are going to have to be hedged for um.

The other thing i want to talk about of why i don't think bbig is the thing that you're gon na die in hand and hodl forever is because of exactly that. Someone pointed out that that, as soon as they get to their breakeven point, they're gon na be selling, there's already quite a few bag holders and as when anything goes up and then comes down to a noteworthy percentage. You're gon na have people who are bag holding, who are just happy to get out for break. Even that is something that you have to consider all the way up, basically to 12 with bbig.

There are people who got in excited on the first run up and now they're like wow, that went horrible. Now i just want out, like i'm just happy to not lose money on him and in a certain sense. I think those are other headwinds that any stock is going to battle on any noteworthy drop-off is the fact that, like you run up, people got excited they bought in it came down, they got scared and once it comes back up, you're fighting more selling aggression because There's people who are just trying to get out they're definitely just trying to get out without sustaining too big of a hit. It's like he's talking about me personally, right now: hey uh, i mean, i think, uh a lot of emotions that people are feeling throughout the market.

It really is kind of commonplace, like people feel pressure. Is i i guess in a very similar, similar manner, but shout out wall street viking appreciate you. I appreciate you all right. Let's see how this is going, i'm doing my best, oh to clarify, hang on.

Let me get this up. Uh, i'm looking at my own positions right now. My only position in my public account is a micron call for january 21st, so this friday, micron 100. That is my only live position at the moment in time um.

I am actually mainly in cash right now. I'm looking for an opportunity, like i said, i'm looking at the overall market, i'm looking at the spy, i'm looking at the queues, i'm considering uvxy, i'm considering uh sqq, i'm considering tesla nvidia. I think there could be some opportunity to make some money to the downside. On some plays, but i am doing my best to kind of wait um.

I was speaking with my group a little bit earlier this morning and in all reality i wouldn't mind even waiting out like all of today, just kind of seeing how things start off the week, because we did have an extended weekend and maybe sitting on my hands For the day and like going in tomorrow, but obviously uh if any of that changes, even if i, if i'm streaming i'll, let you know and then, if i do something with my account, i will let you all know on the locals: uh matt coors locals. Oh, i need to get that link in all my description, so you guys can find it with more ease, but that's where i kind of update it. Did i sell amc? No, not at all i mean you can see it, oh speaking of which sign up for public get away from payment for order flow, use, a better thing. You it's free to sign up.

They actually pay you to get going. There's no market makers, there's no payment for order flow um. Your 75 of the orders are executed on a lit exchange the only time it's not is if they find a better price somewhere else, and they legally have to give you the better price sign up for public um. It's a great platform.

It's not for options. Traders. It's just for stocks, it's more of an investing thing, but also, if you sign up, you can see what i'm in you can. If i know there's going to be these rumors of looking at sold, matt sol they're, not with us anymore, you can go see it right there and, in fact, even if i sell a portion of it, it comes up as a message you're going to know what I'm doing you can see at my amc, you can see him.

I have my gme, you can see. I have my prog, you can see. I have my corsair, it's all sitting right there. This stuff is so easily fact checked and also oily.

This is actually a really good point, um how many people are listening right now. This is absurdly important for everyone to hear. I can only speak for me. I cannot speak for other people in the community.

I cannot speak for other creators or anything like that. I am more than aware that i am not the golden child beloved person in this community. It's probably for various reasons. Uh, i don't know i'm not everyone's like bag full of gasoline you know.

Most of this relates is because i am not the hype guy. I am not the fun guy, i am more of um like let's say the sobering mother than like the partying father. I never wanted to be the hype because i don't think hype is good in markets. Uh a lot of people think no, you need hype.

You need to have that like the cheerleader, no, no! No! No! I, my brain doesn't work that way. I was never the the fun party kid, the charismatic warm guy, i'm much more on the quantitative math i care about fact and to the detriment at some points. In my life, emotion comes second tier. That's why i'm attracted to the markets, because i, like the numbers, i like the math, that's why i've been in this for a decade.

So, with that being said, uh there are people who are like okay, like. Why are you hyping i've? Never hyped, i've never ever hyped, because i think it's silly. I think it's idiotic. I think it's one of the worst ways to ever think about the market.

I think it's horrifically silly to have emotions in there being a human of course. You're gon na have motions in there, but you want to get it out. You want to be realistic and we're now seeing with the depression in price from amc and gme people are starting to notice various things of, i guess they're, starting to ask good questions. Things of like, oh okay, hang on and they're, taking all these statements that have just always been said and now they're starting to question it, which i think is a positive thing, but also i'm seeing a lot of things that are commonly said that we're never ever Right to begin with, but they're taking it as a truth, so, for example, the statement, no one is selling this thing.

I hope everyone in here knows that that's not right, like it's just factually inaccurate, if you ever look at volume, that means there was a buyer and a seller. That means someone had to buy it and someone had to sell it simultaneously. That's exactly what a market is. That's what trading is.

I know. I am well aware that people push us no one's ever selling this thing. No one sold this thing. Those people who are wrong they're, like serious money, is being bet, and i see that there are negative emotions on the rise as the stock goes down, understand the source where you're getting it from.

Even if it's me all i can really talk about is me fact check me on everything. If you think something i say is right cool. Don't just trust me for it look into it a little bit more you're like at the end of the day, you're the one buying you're, the one selling. If someone else says something whether you agree with it or disagree with it, do yourself a service and do a little bit more diving on it.

We are seeing insane things like that comment. No one selling this thing that doesn't make sense. It doesn't make sense at all this. There's people still pushing this rhetoric that dark pool trades are over 50 60.

No they're, not that's what off exchange trading is but dark pools, which are a subset of off exchange trading, count for roughly three to five percent. This dark pool thing it's very much. A red herring short ladder attacks is literally an idea that came out of reddit. If you look up short ladder attack right now, if you look that up, there's no documentation, it's gon na direct you to a reddit post.

There is a bad bad issue with misinformation going out, and people are just accepting it because they're looking for confirmation bias. That is something that people overlook it when things are good, when things are going up, you're like whatever, whatever like okay, that sounds silly, i don't care i'm making money, but it becomes serious issues when things are not so good and they're still pushing random trust. Me bro type of that is not how you get in the market now to some of you, you're gon na be mad hearing all this. I completely understand that you're gon na be mad, but also understand.

If you don't change your mindset, you will lose money in the market. I would rather make you upset now and dislike me as a person, but truly help you not lose money, hopefully make money opposed to being the guy who is liked, but then you end up getting burned. I sleep better at night, knowing you have financial success rather than just oh, am i a liked person or not? I don't really care about that. I care about the markets and i care about your success within said markets.

I hope that makes sense if there's questions please fire away, but there's just too much too many people who are spewing toxic, erroneous and if they don't stop or if people don't stop paying attention to them, don't stop believing them. It's going to be what was the thing i was seeing yesterday about citadel citadel. Oh, there was concern that citadel covered their short, okay. Here's a question uh, whether you want to take it as a literal question or a rhetorical question when it comes to citadel being short or someone saying that they got out of their short position or something along that, and i don't even know what stock they were.

Talking about, i don't know if it was amc, gme, bbig, apple tesla, i don't know it doesn't matter. My point is: how do you know short positions are not reported per company. If you look at the 13f filings, they report long positions, they report call positions. They report put positions.

Shorts are never reported by an individual company. Yes, we have the short interest report, but in 13 f's you're never gon na find a short. So how? How how how how does anyone on this planet know if a short is there or they covered? They didn't cover, it's never reported, but people, that's. What i'm saying is like there's certain things that have just been stated so many times that they just everyone, takes it to be the truth, and there there can't be anything else going on my question to this to know if citadel did or didn't cover.

What is the data source beyond like a trust me pro dumbass statement? They are not reported unless you work at citadel, unless the person has publicly stated they are short and they're getting out blah blah blah such as iceberg. Literally, how could we possibly know and people don't focus on that? They focus on it and they just treat it automatically as the truth, because someone whatever took the time out of their day to load a video up to youtube and they're like well, it's on youtube. It has to be true it's on reddit. It has to be true, it's fine when everything's working, but when it's not and people are feeling the actual pressure.

It's insidious, it's absolutely insidious to continually push this. Are you going to be always right? No, i've made errors. Everyone's going to make errors, it's just like the curse of being a human, but if you're not learning some of the basics a year into this of just like those types of things, i i don't understand, i i just don't get it whatsoever. Oh no! I froze.

Oh, no, oh! No! Oh! No! Oh no! I'm frozen on youtube! All right am i back now. I think i'm back we're back we're live. You know you never go down on twitch or rumble, but it seems to happen pretty commonly. The final thing i want to say, i don't care what it is.

I don't care if it's an equity, i don't care. If it's a future, i don't care. If it's a crypto do not ever ever ever ever be bullied into holding a position. You have a trading plan.

What is your risk? How much money are you comfortably willing to lose only bet an amount of money that it will not ruin your life. There are too many people who, for whatever reason, because of these cheerleaders because of these hypesters they got in and they bet amount that they should not have bet. If you're in that position, you should have never done it and the second best option is to fix it asap. You need to only about amount of money that you can actually withstand losing it's a market, nothing is ever guaranteed.

I don't care if it's futures, i don't care. If it's crypto, i don't care if it's an equity. This is how you responsibly engage in the market spending too much money on something that is never going to be guaranteed, because it's a market is way too silly. Stick to your trading plan: if your risk is hit, hey your risk is going to get hit.

You have to cut that's the entire point of having a trading plan. Engaging in the market is a marathon not a sprint, and there are too many people who are spewing that are warping the minds and the psychology of what is going on. D-Wack is up uh amc, getting a bounce off of 1880 and then hang on. Let's roll gme jimmy getting a bounce off of 108 man.

Look at this red the whole market, it's just a sea of red. What's green, there's literally not one green thing on my entire watch list. Right now, that's brutal! You said citadel too many times back to back. That's why it froze all right.

These are getting rocked hand, let's see the spy, so i think what i'm gon na do i'm waiting waiting waiting waiting like i said i have no issues actually chilling out like all day today, um, i kind of want to see what i'm really watching is right. Here is there going to be a gap, fill and a breakdown of 455? If so, i'm watching for the next gap fill at 4 47.. So i'm definitely paying attention, and i just don't know if, like okay technically, it is support, it could totally bounce here. That's exactly why, like, i wouldn't want to bet against it.

That's the same as buying at resistance. You don't go bearish at support. You don't go bullish at resistance. It's just your risk.

Reward ratio is a little bit out of whack um and that's, i think, generic to whatever time frame you're really on, but right here, i'm just watching it watching watching watching um trying to identify reasonable areas. D-Wac is up. Seven percent bbig is up 23 uh amc's down six jamie's down 5.7. The spot wait how's the russell doing today the russell trying to bounce back.

So if the russell keeps going back, that's actually kind of a good good news for amc. You definitely want the russell to keep pushing to hold on there. Bbig, like i said, five dollars was good and then 590 is my next level, so it tried to break out. Couldn't that is a major level bbig looking nice, can you explain how to see the age of short positions on amc or jimmy, so you could see the average age uh.

So let me show you this uh right here on loan average age, so on average they've been in for about hang on 77 days. This is saying 77.5 days, so they've been in it for about two and a half months, roughly, which is actually talking about resistance. Like this is pretty much the average hold from before so i use it on ortex is how i find that. So if you have or text just go to once again on loan average average day right here and that will give you this metric, so you can see that they've actually been increasing their short ever since mid-december increase, increase, increase uh, it doesn't even have the amc Chart up, i don't i mean i'll switch to it, but it's like red.

What's the point in watching this right now, if it does something we could have it up, but bbig dwack activision were all like the exciting ones. Do you buy options on market or limit uh limit? I don't even know if you can at least my brokerage. I think it's just limit, like you have to put in a limit price. If you want a quick fill you would buy by putting in a price.

Above the ask and you'll get filled at the ask, but i believe all of mine are limit order. Shout out adam. I was looking for moving a portion of my portfolio to public, but it says they don't have an option to add beneficiary. Maybe you could suggest it to him.

Chris yeah i'll definitely bring that to him, also like if that is pretty common um, so it might just be something that they hopefully already have in their backlog. Would you buy cardano cardon, oh and i'll talk more about this? In the crypto stream, but cardano's been looking very good, especially relative to the other kryptos, but the sunday swap cardano based dex just launched the beta version, uh bbig not really holding up the best right now. Atvi i mean the acquisition, so microsoft is buying how activision 68 billion oops 68 billion dollar deal uh at a price of 95.. If i'm being honest, i'm surprised that it's not currently sitting at 95, the price, because that's we know that they we are like well aware that that's exactly what microsoft's buying it out at so they valued it there.

I'm surprised as the public market has yet to do so. I promised by more amc when bb ig squeeze. So even with that, i think that's a good sentiment of like if you're making money on dwack on bbig like you should be attempting to make money elsewhere. Like this, this concept of being all in on amc being all in on jimmy, it does not make sense to me.

It doesn't make sense to me from a risk management standpoint, but it doesn't make sense to me just from like how to engage in the market, because, if there's other opportunity, you need some free capital to take advantage of it to make more capital. I i just never got that this, like all in concept, i mean there's people who, like amc and jimmy, are clearly getting in the world of crypto and they're like now. We don't want to talk about crypto. How could you not want to learn about crypto when what you're allegedly invested in is getting into the world of crypto and then the more and more, i think about it? I think these people uh this has been discussed before, but i just think that the community has been infiltrated by people who want to ruin it.

There is no doubt in my mind that so many accounts who get so much attention are actually working against us um. On a daily basis, i truly truly believe that, and i don't think it's some shill thing from wall street. I just think it's internet trolls who, like they're doing it, because they have nothing else better to do with their sad lives. But i 100 believe that there are so many people who i don't know what's worse, if they're infiltrators or, if they're just so stupid, that they don't even realize how dumb they are.

I don't know which one is more offensive to me as a person all right. Dwack, crushing it bbig coming up on support if bbig doesn't hold this, i don't think it'll be like too crazy of a day, but it could easily bounce right here, activision flat, that's not doing anything, how's tesla doing tesla getting somewhat of a bounce. Actually, can we touch on amc's, daily rsi being completely oversold, certainly so the rsi relative strength index is one of the most common indicators. It's a momentum indicator.

It has values of 0 to 100 when it gets above 70. That's considered to be very bullish: aka overbought, if it's below 30, that's considered to be very bearish aka oversold. So when you see dips right here, it's very common to see them associated with. Following that, you get some form of a bounce, so right here, you're, seeing that the rsi is so beat up.

It's actually people would argue when looking at the rsi that it's a statistically advantageous time to buy uh, especially relative to when you're spiking up remember. This is the overbought territory. This is the oversold territory, so you're looking for a reversion play. Basically, it's a rubber band thing when it gets to one extreme you're looking for it to come back the other way, so if it gets extremely high you're looking for it to fall, if it's extremely low you're looking for it to bounce morning matt, you still think The play is on the table for amc and jimmy yeah.

I mean both of them still gme's. Most recent short interest is 17. Amc's is 19., both of them have an insane supporter base, i'm in it, and you could check it on public. I'm not going to do anything, but also that doesn't mean if they're boring and not doing anything, we don't need to watch it.

There's other opportunity. There's things going on with bbig. There's things going on with tesla there's things going on with dwack, there's nothing wrong with making money in a different play um, and if someone thinks there is something wrong with making money improving your own financial life in a different place, you can tell them to go Off and then you could tell them, i tell them to go off. It's so so stupid that people are like now.

We can't pay attention to anything else. If you're that, like it's a it's, a p brain mentality, that's it i mean these people. You could either be a greg or you could be a p brain or you could be a p brain greg. I would say: greg's are more of the chili spreading fud and p brains are just stupid.

People and the worst one is the combination, a p brain greg. That's like the boss level. You don't want to be dealing with, but there's people who are they're just going to run their mouth, because everyone thinks that they can run their mouth in this day and age on, especially on social media. So, if someone's just saying something like super super stupid call him a p brain, let's make that a thing all p brains.

I had to sell a bunch of stock snowblower broke in the middle of snowstorm, come on amc, jeremy! I hey to anyone who's, getting um, serious weather right now, like if you're in the northeast. I know like the weather like between uh, the rain and the snow. Please everyone be safe out there. I saw some wild wild wild videos of just like how bad the roads were getting when historians look back at this time, it'll be titled the age of misinformation, that's where everything is conspiracy or confirmation bias all boogie.

I agree with you morning ape legs. Any thoughts on the next couple of resistance levels for d-wack happy to look into it: d-wack d-wack, d-wack, let's map it out, uh it's at resistance right now, this high of 77.50. If it breaks above 77.50, i would then be watching 90.. I think it could have a good 12 run if it gets above 77.50 uh, versatile denzel thinking of tesla calls.

I am not um, i'm a little bit more bearish toned right now with the overall market, i'm thinking of the fed, i'm thinking about.