Be hey: uh, baby, uh, moon, gang hello, hello, hello. How is everyone it's going to be a wild wild day, folks, folks, folks, folks, folks, team team team team team? Are you seeing the pre-market right now? This is brew. Tall brutal, brutal brutal - and you know for the past week when i set this up remember last week, was the shortened trading week before the market opened. On tuesday i told you, i was bearish and i would remain bearish, particularly up until the fed meeting, which is this wednesday, we're going to be talking all about it, but the tldr version of this is yeah, i'm still bearish, i'm swinging puts, i told everyone.

I have the tesla puts i have the spy puts i have the q puts and i have the uv xy calls and a little bit of a bounce there. The dewac calls i am getting run over on those, but the other positions are working out beautifully. I'm just trying to keep myself above water on all these insane movements right now, because investments into individual equities are at this point really not working out the most ideal, and it all relates to the fed if you are particularly singularly focused on an individual equity at This moment in time, you really need to take a look at the bigger picture, because, what's going on on the macro, economic environment is truly insane. You have to do your best to dedicate some of your time to really understanding what's going on, because it's the overall market that is leading everything, the spies, the cues, the russell they are, the ones leading the market down currently, but they'll also lead them back up When we finally get that relief bounce, so what i want to do to get us prepped for the morning is give you my thoughts for this week.

My game plan. What i'm going to do i'll give you a review of my positions, we'll go over some of the news, but i want everyone to feel a little bit more comfortable in the current environment because remember whenever there's a strong trend, whether to the upside or the downside, You can be making money and i guess i should put a little asterisk by that, because even if it's going sideways you can make money, it's all just about identifying the trend. It doesn't matter like it's not like. You can only make money when things are coming up going up.

It's not like you can only make money when things are going down. Just follow the trend right now. Clearly, ever since we really started 2022, the trend has been down what's been, paying is basically either being bearish, whether you want a short whether you want to buy, puts whether you want to sell covered calls. Whether you want to buy.

I don't know like put debit, spreads or sell call credit spreads, there's various tools that you have at your disposal to make money in a bearish trend. The tough part is just identifying what trend you're in and that's what i'm trying to do every day is explain at least to the best of my ability, i'm not a financial advisor. I'm not a lawyer, i'm not clairvoyant, i'm not a fortune, teller, i'm just a guy who shares his thoughts on things. Sometimes i have awesome trades other times i have absolutely horrific traits.

You should never ever ever just blindly be following me i'll give you my reasoning and my theories on them and if that resonates with you, okay, maybe it's something you want to dive more into. Maybe you completely disagree and you want to do the exact opposite and at least in 2021, if you did that with me, my tesla trades, you would have made a lot a lot of money so before that bell goes ding, ding ding, today, monday january 24th, we're Gon na get everything set up my thoughts for the week, the biggest news and we're gon na go over some stuff with individual companies. But let's come up with the game plan. So we're not in one of those scenarios where it's like the deer in the headlights situation.

We don't want that whatsoever all right. Let me switch this over just so we can see what is happening so out of the gate. You can find this on finviz. It's a lot of red there.

It's a bloodbath today and it's not just in the u.s market. This was from the overnight session. European market falls sharply on fed meaning. Ukraine concerns stock 600 down 2.5.

So we will be speaking more about the fed meeting. Once again, the fomc meeting, the federal open market committee - i believe that's what that acronym stands for it is starting tomorrow, and that is on the 25th. It concludes on the 26th wednesday. We get the results at 2 p.m and then powell, the chairman of the fed, will be speaking at 2 30., i'm expecting extreme volatility up to and including that event, what is going on with the ukraine? Well, if you haven't been paying attention to it, not the best situation overnight, we got some.

I don't know concerning geopolitical updates. U.S state department says there are reports. Russia is planning significant military action against ukraine, u.s orders, diplomats, families to leave embassy in the capital of ukraine biden, ways deploying troops in eastern europe um. Obviously this is not good.

U.S officials say russia could uh decide to invade at any time. Obviously, that political tensions are on the rise, not the best and in fact, you kind of see the results of that right here: russian stock synced 9. This was just in the overnight session, ruble plunges to 14 month low, as conflict fears. Intensify.

All this stuff is coming into play clearly having an impact on our market, and, if you don't know what the stock 600 is, if i'm being completely honest, i've never traded it. The stocks is in etf in europe, it's tracking 600 small to medium cap companies over in europe, but obviously that getting hit up pretty hard as well stock sell-off to continue as stock sell-off set to continue as investors brace for the fed. So that's what's really going on right now, but there's a couple of things. So obviously we have geopolitical conflicts between russia and the ukraine, which will probably involve us.

Obviously, it's involving us. You have seasonal bearishness when you're going into the end of january. That's seasonal bearishness! On top of the unknown of the geopolitical conflicts and then the fed meeting the fed meeting the fed meeting the fed meeting stuff is absolutely wild. The future's down uh dow s, p nasdaq oil down down down down down down down.

In all reality, i'm actually surprised yields are down right now. But yes, there is, i guess some panic, but remember that doesn't mean that you personally panic, i'm hoping that i'm teaching to the degree that you understand, if you think the trend will continue to go down. I don't know if it will. I i can't tell the future, but if you're of that mindset - and i told you a week ago, tuesday morning when we were about to get going after the holiday, i'm bearish - i called out all of my trades.

I told you the puts i was getting into and today when the market opens, i would strongly strongly bet that the account challenge 10k to over 25k. If i sell all of my positions at market open, the challenge will be over. I will have completed it in less than a month um. I don't know if i'm gon na do that.

I wan na see what's gon na happen in about the next 20 minutes, i'm going to keep everyone posted on every little aspect of it, but let's actually talk about the fed and what you need to know. So once again, they are meeting the 25th and the 26th. Why is this so important? Why is this part of every headline? Why is everyone talking about this? Why is this causing fear in the market? Well, here's the s, p, 500 and, as you can see right now, a pretty serious gap down and also to be fair. When there's a gap down remember, i think that there is that statistical edge to a gap fill, but anyway, let's go back to this last fed meeting on december 15th.

What happened there? Why was there a green day in one day? Why did we open and at the end of the day, go up 1.55? Well, at that point they said yeah we're gon na have three rate hikes right now we're at zero and we're talking about the fed rate which, if you don't know what the fed rate is, whenever you're talking about interest rates, don't think interest rates directly is the Same thing as like interest rates, you get for like a loan or something there is some implications there, but when we're talking about, i think it's it's not just the fed rate. I think it's technically. The federal fund rate, i think, is like the full name of it, but it's all about these big banks and these big institutions loaning money to each other in the overnight session. What is the interest on that? The fed sets it the that's, what's set at the fomc meeting, so it's all about the big guys, how much money they're loaning to each other in the overnight session - and that is all about the repo market which people spend their entire careers.

Just focusing on the repair market: it's a big life 100, one of those things that you need to look into, but a lot of people for whatever reason find it boring, and they don't want to look into it. They don't want to learn it but seriously. If you have some time, especially at this environment, look into what the repo market is, but anyway, on this day december 15th the market went up 1.55 and it like that. The fed's, like hey, we're at zero percent.

We know that there's some inflationary forces on us so we're going to do three right hikes and we're going to end the year at 0.9, as in each hike going up: 0.3, 0.3, 0.3 to 0.6 to 0.9 and the market's like you know what we're pretty much At an all-time high, we can handle that we totally understand you're fighting inflation. This is good. This is manageable. We, like your tapering methodology.

Everyone was happy. The market was like okay. This is very reasonable. No reason for panic.

There tonto, let's fast forward to jan fifth, what happened on this guy. We came down 1.84 now on jan 5th. Looking at that day, you know what happened that day, the notes from this meeting on december 15th. They came out.

We got more detail, they, someone very fast hyper, takes notes and what wasn't discussed here but was in the notes, was about the balance sheet. Runoff remember one of the best ways, one of the best tools that the fed has at its disposal to help the market in times of distress is to make it more of an accommodative environment by lowering interest rates. But when interest rates are already at zero, you have to use more drastic tools, such as quantitative easing, which involves a lot of asset purchases, mortgage-backed securities government bonds, corporate bonds, even giving money to the overnight repo markets, so they have basically been buying buying buying. So their balance sheet has been going in one direction and it was on january 5th in the notes that it didn't come out in the original meeting, that they're going to say, hey we're actually considering a balance sheet.

Runoff aka balance sheet normalization, aka fixing the fact that you've been buying buying buying at the tune of 120 billion with a b per month. You have to undo it. Tapering will get us to zero, but you have to go the other direction to balance everything out. So with this, with these fears, look it ever.

We hit the all-time high. The notes came out ever since then all the market has done is go down. In fact, ever since we got those notes, the market dropped. Eight point two percent, but if you inju like include the gap right here, that's down ten percent just for a little bit of factoids here and there of what is and what isn't when you're dropping 10 from the most recent high, which is pretty much where the Spy is at right now, that's a correction 10 or more, and when you're 20 or more that's actually a bear market 10 or more correction, 20 or more bear market anything under 10.

It's considered to be like a dip. A pullback and you're really like looking at the fact that you're sustaining the overall current trend, um, you might hear the word crash from what i was taught, there's not really a percentage associated with crash a crash is more like a very rapid. It's more of a high velocity sell-off that occurs like let's say within a particular day a particular week, but it's more of a high velocity sell-off and not really associated with a particular percentage, but also just you know. The other term you might hear is recession.

Just you know, recession doesn't actually really really get its definition from the stock market. A recession is more of related to our gdp, our gross domestic product, more of a contraction of gdp for two fiscal quarters, or more so does that have implications on the market. Yeah, of course, but i'm saying its definition doesn't get, it doesn't derive from market action, um, so recession a little bit different, bear market 20 or more correction, 10 or more anything below 10 percent. It is a dip.

It's a pullback and very rapid sauce. That's where we get the terminology for a market crash, but anyway, as we come into wednesday, even though we're gapping down right now, why is there that fear? Because, after these notes, we haven't heard from them, we don't know what's going on, we don't know how hawkish the fed's gon na be. Are they gon na come in extremely hawkish and be like you know what we've been not completely telling you about the truth about inflation? We need to battle it, we're not doing three right, hicks rate hikes, we're doing four we're doing five, we're going from zero to one point: five percent that tapering that we told you is going to end in march. You know what we're going to end it in feb and bada bing bada boom we're going to do it even more we're going to start our balance sheet runoff in march.

That's pretty much as extremely hawkish as they can be now. Do i think they're going to do that? I don't i don't i don't. I don't listening to all their talks of over the past how many ever years now this particular group, they don't really seem to be the group that wants to throw gas onto the fire. This market we're already in correction territory, that's the spy.

The queue is already down 15 and iwm. If you go all the way up here to its high it's down 15 or actually down even more technically from this drop, the russell's already in bearish territory, but from the recent high it's down 15 similar to the qs, they do not seem to want to throw Gas on the fire, and now the cherry on the top situation is everything going on with russia and ukraine and us, and obviously that's going to involve china. So the situation is getting extremely extremely complex and it's involving a lot of variables that are definitely unknown. The reason i'm using that term unknown is because it's what i've used before and the market does not like unknowns.

People go from a risk on to a risk-off mindset when there are so many unknowns. Okay, so now that you have a better idea of this picture of what we're going into on wednesday just so you know, i will be having my positions today tomorrow, going into that meeting on wednesday. I will be flat. It's the flip of a coin.

It's a binary event. I will not be playing it. I will be waiting until right after i'll see the trend that develops, and i will play off of that speaking of wednesday, particularly if i had to throw a guess out there. The farther this goes down now before wednesday.

I think, there's greater odds of it bouncing because of the meaning, i think the further it goes down, they're going to be like whoa whoa whoa we're actually not as hawkish like guys. Why are you panicking we're? Not that hawkish we're sticking to what we told you in december. Everyone take a chill pill. If that's the meeting, i think we bounce if they're like i said before, if they're like you know what inflation it's kind of bad, we might be a bit more aggressive.

There could be additional downside, um right now at the current market, there's a gap down, so of course you should always be paying attention to the gap up, but i think the final line in the sand before we see what i would refer to as, like, worse Capitulation is 426 right here this low from october. 4Th is definitely my line in the sand, but, as you can tell, we also have another important level at 431 54.. You can map out similar levels on the qs. This is not the best gap down, not looking the best i'll be watching 342 there and then on the russell once again, another gap down and i'm looking for consolidation about 10 lower around 182 183.

All of this, it's getting to the point, though, where this particular week, honestly, you could probably take some of these technicals and throw them out the window, because you have such a strong, fundamental catalyst. This is a week to pay attention to the overall market, not necessarily individual equities. That's how important this meeting is. These type of environments do not happen.

Often, this is not a run-of-the-mill thing that happens every year every six months. This type of scenario, which could be referred to as a perfect storm, these are on the rarer side of events. I mean that spy. We were talking about it.

Last week i had a 200-day moving average breakdown that doesn't happen that often we're below it. We're continuing to gap down, there's, obviously that fear, but my point is you: do not have to be fearful if you have the tools and you've identified the trend, you are probably waking up right now, making a lot of money if you swung any puts. Actually, let me ask you that how many people in chat right now are currently have some sort of bearish position on whether it's through puts selling covered calls? Maybe you have a put debit spread? Maybe you have a call credit spread? How many of you are waking up today and you're not panicking, because you were paying attention over the past year and you put in the time that was necessary to learn your skill set and you are now making even more money in this situation. Look at let post it in post it into the comments there, because i think there's some people who are like yeah.

No, this is actually making printing money printing me money as we get closer to the fed meeting we'll be talking about it i'll remind everyone. What to pay attention to, but let's quickly go over this wall street to open lower after nasdaq's worst week since march 2020. Just so, you know the s p 500. This is the worst start since 2016..

This is not a run-of-the-mill thing and i think it's actually getting a little bit more extreme from the seasonal bearishness and the unknown, like geopolitical situation that we have going on. Fedme starts this week with tightening moves in focus on inflation surges uh, so basically before when they were doing all those asset purchases, mortgage-backed securities, government bonds, corporate bonds, repo market stuff - that was quantitative, easing q e. Now the question is how aggressively and when are they going to switch over to qt quantitative tightening, uh bitcoin ether sinks as world's two biggest cryptos cut in half since 2021, crypto also getting slammed bitcoin? I think the next major support is going to be around 29 to 31 000.. I'm watching this.

This is a buy zone for me on crypto. It obviously has been pretty correlated recently with the spy and the qs, but i actually went into an in-depth breakdown about that last night of my reasoning of why, i think we'll know things are bouncing when bitcoin bounces. First, if you want to know my reasoning for that obviously check it out. It was the video that i posted last night, uh kohl's surges as takeover offer emerged from suitors, including um sycamore.

This is colds is up quite a bit today, but obviously you have a fundamental driver. There activist investor blackwell calls on peloton to fire ceo, so peloton has had some crazy drama at least recently. Last week there was they're, like you know what all the reports came out, that they're not going to be producing their products for x amount of time, the very next day the ceo's like whoa whoa, that's a lie. We are doing it and now one of their investors, blackwell's capital, is actually saying to fire the ceo and they are trying to explore a sale like they're trying to get a takeover so peloton out of all this stuff.

There's some particular drama there. I was gon na trade peloton. I believe it had its earnings announcement this morning, maybe this afternoon, but it's today um i haven't traded piton, i'm just really paying attention to the overall market, but i'm just trying to keep all of you apprised of the current situation, because there's definitely some drama in The biking world, so those are like the rough five things to know. I do have a piece of positive news for you.

According to fauci, he is confident that the unicorn cases will peak in feb. Recently, we found some articles that they actually said they would peak this week so between this week and feb, hopefully we're hitting that high water mark and the overall like pandemic, that's spreading throughout the world. Finally, officially sees a downturn, and then we just never have to hear about it again, but on top of all the craziness do not forget, we are in the full swing of earnings season. Halliburton is in the energy sector.

Did pretty well remember sectors, i'm looking at this particular year, energy, financials and then the intersection of nft's, metaverse and gaming. Those are the three sectors, i'm particularly bullish on that i'm looking at and more of, like my longer term account um phillips had some supply chain issues. After the close today, i'm paying attention to ibm and logitech. I like logitech as a esports play tomorrow.

We have some big ones - johnson and johnson, ge verizon lockheed martin at first i didn't care about lockheed, martin or really boeing pay attention to it, because they could do well in the rise of geopolitical conflicts, maybe worthwhile to pay attention to lockheed martin. We, of course, have some banks, microsoft after the close uh, what other ones we have, of course, boeing att intel. I want to know if they say anything more about their bitcoin mining, their low voltage, low environmental impact uh. Of course, tesla wednesday is going to be nuts because here's what happens? We have the fed meeting and then, after the market closes, tesla reports, their earnings.

That is going to be crazy. On thursday we have mastercard and we have apple, we have mcdonald's, uh, jetblue southwest and then on friday, we get more of these oil ones. I'm expecting out of all these, for the oil plays to actually beat and i'm having some concerns because of the recent spike in stated supply chain issues for some of these other players, but once again, financials - i'm not actually expecting them to be in this particular season. But i am expecting energy to be, and finally just because it was interesting - and i know some people last week were asking about tilray uh massachusetts.

Marinara excise tax revenue exceeds alcohol for the first time. So it sounds like massachusetts knows what is up all right. Let me get out of all of these as we're getting prepped for the day. I'll leave that up.

We have about eight minutes um before i turn it over to some questions. I do want to do a quick run-through of some of these individual equities, but before we get to that, just you know the s p, 500, 17 short interest, the nasdaq, 100 22.3 short interest and the russell 2000 remember amc's the biggest singular equity within this. This particular basket almost 43. Another thing i want to point out to you is: why is no one talking about the spike of ftds going into mid-december? Look at spike spike spike all around mid-december.

You know what else happened in mid-december right here: the fed meeting the december fed meeting. Why is my tinfoil hat too tight? I don't know what's going on here, and i know this is like maybe some wild stuff, but i don't know you got to get that out there. I'm asking the questions. I think we should.

We just need some answers: ftd spikes, the spy, the cues, the russell. All centered around the previous fed meeting - i think i it's just i get particularly pissed off whenever it comes to ftd stuff. Why, like? Why are? Do we not have any clarity on how they were produced, who produced them and how they were resolved? Why is there, why is it so opaque and then, on top of it, it's just more of like rubbing in our face that we always get the information so so late, it's very delayed and there's like pretty much no useful things to it. Besides, just what the magnitude is, i find that particularly irksome amc short interest.

Almost at a sky high value of 21., the previous high is 21.15, so we have what not much more to go 0.4 more percent and then gamestop at twenty percent. Gamestop short interest has not stopped, but it's ripping higher and higher and higher. Now i need to throw this out there in the short term, if the qs, the russell and crypto all this stuff, that's considered to be higher growth, higher risk asset classes. If they are red, there is a very, very high statistical chance that amc and jimmy will also be read as money is flowing out of these high-risk investments as we're going from a risk-on to a risk-off market environment.

On top of the fact that the shorts are straight up increasing, so not only is money flowing out for some people who are going like flat and i'm referring to big institutions, banks, hedge funds, but other big institutions, banks and hedge funds are ratcheting up their short Bets that were literally some of these big guys who, whatever their algorithms, are telling them to do what they need to do so they're going to go flat, i'm not talking about high frequency training, i'm talking about their risk management system and then, on top of it, You have some of these other extremely bearish players who are legitimately increasing their short right now. That's what we're seeing across all these! What mainstream media would refer to as meme stocks. It's what we're seeing in high growth tech, it's what we're seeing in high growth crypto! It's the same story and that's why i'm saying if you want to know what's going on with amc and jimmy, i'm telling you pay attention to the russell 2000 and pay attention to the fed meeting this wednesday. Take a deep dive into the fed rate.

Understand. What's been going on with monetary policy and their thoughts on it for the past four decades, understand that whenever you're trying to be accommodated for the overall market, you lower interest rates and then the ratchet in the situation where it makes everything complicated is when things are: Hey, why are well? What can you do when your interest rates are already zero? Well, you do quantitative easing when you do quantitative easing. That means that real yields yields after inflation are getting even more deeply negative and now you're getting into the thing where you have credit contraction and that we could just talk about it forever. This is an insane economic time.

You should not panic, you should be learning what is going on, so you can capitalize on it because at the end of the day, you're protecting you and you only you're, protecting you and your own family. That's who you care about it is you you, you focus on that use your skill set, protect you and your family, i'm not a financial advisor. I will never tell you to buy. I will never tell you to sell.

I will never tell you to hold all i'll simply do is let you know what i am doing. That's all i'm ever going to do. I like i'm, not this trading guru furu, i'm not that at all. I just share my own opinions.

Sometimes i'm right. Sometimes i'm wrong, but you should not blatantly just be, i shouldn't say blatantly blindly following me or anyone on social media. Don't do it that's crazy! Maybe you want to hear their opinions and maybe you like it, but like you got to do your own dd, because at the end of the day it's your money. It's your hard-earned money that will be put down on the table and be put at risk.

Do never never never never blindly follow someone, especially on social media, especially if you're seeing it on reddit twitter and youtube like i said it might be a good springboard to look into something to maybe dive into it, but just to take that as the gospel truth. That is a lunatic ideal, pure lunacy, peer, pure lunacy. All right, where are we at? We have two minutes. So let me give you a quick rundown here is my portfolio currently valued uh.

We ended the day on friday at twenty thousand nine hundred, so 21. 000. We have dewack calls i'm going to have to cut them. It's going to be a loss.

I have q puts they're crushing it. I have spy, puts they're, crushing it the cues, the spy and dewack all expen all expire february, 4th i'm going to lose on d-wack. I'm going to make 10 d's on the qs, i'm going to make 10 days on the spy all feb 4., the one that expires this week january 28th right here, as you can see, is tesla 925 puts i picked them up and publicly announced it on stream. I put it on locals all at 9.75, deeply out of the money 50 bucks away, as you can see, they are currently in the money.

We ended friday up almost 5 grand 4.8 grand. These are gon na print when the market opens. My account, like i said, just under 21, the challenge will be done if i want it to be in about 45 seconds, the challenge of going from 10k to over pdt at 25k will, if i lock everything in in less than a minute, will officially be concluded. Let's get ready, let's get ready, we have a couple seconds left 20 seconds left um.

Where are we at? Oh, if you haven't already hey folks, it would truly help me out if everyone before the bell goes: ding ding, ding, ding ding. If you could all annihilate the like button, if you haven't already subscribe, follow all that tough liking subscribing following it's all completely free, and it truly truly helps me out. So if you haven't already, it would be amazing if we could uh just do that, get more people in here and see what's going to happen with market open, speaking of which ding any ding ding ding the market is open p.s. I already have some um.

I also have some uv xy calls all right. The account is right. Now, thirty thousand we jump from twenty one to thirty. On tesla alone, i am currently up twelve thousand on spy mup 1 800 on uh, the queues i'm up 1200 and on dwac i'm down 2 200..

My open p l is currently 15 000 um. This is a crazy, crazy opening. Let's see, what's going on amc going red out of the gate, gme actually trying to go a little bit green, trying to get back above a hundred um amc, it looks like it officially had a gap fell. Oh brother, oh brother, the uv xy calls the strike was for 19..

It looks like they just got into the money. All right, let's see what's going on, let's see, i want to start slowly but surely because, like all of my bets besides, d-wack are in one way or another bear a show. I just kind of want to slowly peel some of this off slowly, but surely i'm basically trying to lock in the accounts right now at 31. um.

I want to lock in some of these. You know what we're gon na do, how's it looking today. Where do i just hold? How much do i think things are really gon na get crazy? How much do i think so? The u v x y is crushing it right now. Remember spy puts q puts u v x y calls in the bottom left, and then i also have some tesla puts i'm watching i'm watching i'm particularly watching the spy and the qs up here.

Okay, amc catching a bid, actually a lot of things currently catching a bid. You know what know when to hold them. No one to fold them create closing order, confirm and send create, closing order, confirm and send uh filled the spy, create, closing order, confirm and send uh filled on the cues got out of that uh dwack. I'm closing this position.

This is going to be a loss. My only loss that i'm closing is dewac, it's just i'm not the overall market, all right and where are we at uvxy? So i closed d-wack for a loss. I closed spy for a profit. I closed queues for a profit.

I have my uv xy calls on right now and i have my tesla calls or puts on for right now. So close this close this matt doesn't care about your amc losses, go cry somewhere else. He only gets paid by by you sitting here complaining. No, i care i care, because people have been lied to this concept and, like i got a lot of for it of like matt, why aren't you hyping it like you're, always just saying you got ta buy, sell hold like all that like, as if i don't Tell anyone what to do.

I've shared my opinions. I've told you that recently i did not think it was a good environment for options at all. As people were telling you to push on the 145s, i thought it was insane. I thought people were really causing other people to lose money and i absolutely hated it with every single fiber of my being right now what i'm seeing in this environment.

This is a game of developing other capital, such as spy puts q, puts and teslats, and then, when i see a bottom put in that means, i have more capital to buy the dip. It's all a game of growing your capital, if you're just sitting there and you bought all at once - and you have no free capital you're, not doing yourself any favors, you're, just you're stuck right now. You should never be simply all in on one thing, because when particular like environments such as this arise, that means you can take advantage of those environments. I this concept of going all in just buying a stock and doing nothing and then sitting there all day and like what's the point of watching it then, like that's, not really like actively doing anything.

Do you still have amc shares yeah? This is a question. I'm like seemingly getting every day right now, um yeah, i do uh, you can check it all on public. If you haven't already sign up for public um, it's in the description of the video you sign up, it's free. They actually pay you to get rocking with it.

You can get up to 70 dollars of free stock and, what's best about it, no payment for order flow, but the kicker there is. You can see that i still have amc and gme if you care that deeply about my position check it out because it alerts you if i sell you can find out. If i sell yes, are there, people who are just saying for random reasons, they're like i think he sold yeah, but they also don't know what they're talking about folks. I know that i've been squatting more, but i'm still not strong enough to carry all the people who are currently trying to ride my coattails i'm doing my best, i'm going to the gym and i'm lifting legs as many times throughout the week as i possibly can.

But i'm telling you these coattails are getting super super heavy. Over the weekend i tweeted out like hey. You could check it on public if you want to see my position to all the people who, like basically had. I guess my back in that scenario.

Thank you. Thank you. Thank you. It's just all these people have opinions and they're believing like random accounts on social media, and i guess i'm just personally tired of fighting it.

It's our time is better spent learning about so many other things going on right now, rather than just like me for the 19 millionth time, just trying to correct some random twitter, reddit or youtube account it's a waste of all of our time. Do you know how much money we could be making right now? This is an environment. When you have strong volatile moves like this, you can be printing money. This is just nuts it's absolutely nuts.

The account is currently worth 28 000.. I thought it was over 30.. I guess i'm waiting on tesla right now, all right, the spy doing its thing all right. What we're going to do is lock in uv xy, confirm and send locked in uv xy.

My only position right now is oh wait. I locked in tesla, i didn't realize. I had locked in tesla all right. We are currently up uh.

I am flat now i have no open p l just so. Everyone knows flat flat flat, open p. L all right, let's see how this all plays out um. Oh, i should probably update update all right title of this.

One challenge complete uh, i locked in all my positions, is at 28. Okay, all right - and this is exactly why i locked it in. I just wanted to see how this is going to play out. I know that there is a chance of a gap, fill we'll see if the this push doesn't seem to hold.

I could always re-enter, especially because i believe now. I believe now that i don't know if it takes one day to really load in or i don't know if it takes. If it's instantaneous, i don't know how the pdt rules actually work out in this moment. Um, i don't know if i like have to wait till tomorrow morning, but i think i'm out of this game of pattern day trading.

Well, i guess i'll find out. Does it tell me it says day trades left, one one one one we'll see we'll see, but i'm flat, i'm watching, watch and watch him watching amc and jimmy both had a a nice little push this morning kind of happy with that. Seeing some money flow into it just so you know the gap phil. What was this low? 437.95 437.95 on the spy, so actually four dollars higher? What else do we have what kind of questions we have rocking in this morning? All right! Oh, i think the camera was a little bit blurry.

It didn't focus on my face. I was sitting there with horrific posture. That's my fault, my fault, horrific posture fault, all right. What kind of questions let the questions fire and obviously i will let you know if i decide to make any new moves, all right, wow, wow wow, these things are so juiced their prices.

I was looking at um tesla, just like the implied volatility right. Now is absolutely ridiculous: the iv is so high, so incredibly high uh. Let me take a quick look right here. So tesla almost got well.

I guess it technically did gaffville we're gon na find out 886. Let's see what tesla's gon na do at 886. 886. All right, we're gon na see how this plays out.

I just did a new trade. Let me update that tesla put uh all right, i'm just publishing the newest trade cool cool, oh wait, shoot shoot, shoot, shoot all right! Well, here's the newest trade tesla play tesla. Put strike 850 expiration jan 28th premium 3375 position, size 2 x, 2 x, 2 x, as in i'm willing to get out relatively quickly with this and oh crap. With this, i was i'm like willing to get out quickly and my goal was 886.

I was looking at this, but it already broke down, which means um the play's already up a thousand dollars here. Oh wait. You guys haven't been able to see this this right here, tesla up 1500. This is my only open position.

If you want to get these just like my thoughts and then share your own right here and share your own check it out, macquarie.locals um, i would love to know your trades i put mine here. I would love to get yours there. I'll put it in chat. Uh there is a free version and then there's also like some of these.

I actually put as like for the like actual members, but keep in mind that play is already up. 1. 500. It's a hundred dollars for a year.

I just paid for 15 years right there you could have taken that one trade and you would have already paid for 15 years. Why don't you talk about amc anymore? I literally talk about amc and jimmy every single day. I don't know where this rhetoric is, that i don't talk about it. I just don't know what you want me to say like it's going down and i'm not going to short it.

So there's like nothing, i can do besides pay attention to a bounce. I know that i seem some like some sort of omnipotent being, but this might be a surprise to a few of you. I do not control the market. I wish i controlled the market, but unfortunately i don't do you share your amc position.

Yeah it's on public. You can see what i'm in, what i'm not in any of that good stuff. So, basically, i share all the option trades and on options, i'm using td ameritrade for my options trading, because public doesn't offer options trading and then on public i'm particularly using that because of its name. It's like a social media brokerage where you can share what you're invested in i'm invested in amc, i'm invested in gme, i'm invested in program, i'm invested in corsair.

All that can be fact checked in real time. There is literally no other creator doing that right. Now. Many other creators look at their pictures, they're still on weeble.

I don't get why it's what they're doing? I don't know how they're a quote-unquote ape if they're still engaging in a payment for order flow brokerage all right now now that that's like the 100th time, i've answered that, let's go back to like actually making some money all right, tesla up 1300. Is it finding support right here, keltner keltner keltner, it's at the bottom of the keltner, the keltner, the keltner, the keltner, where, where oh, where will she stop? Nobody knows 8. 55. If it doesn't recover very, very quickly.

What levels are these? Oh all right! Let's figure! This play out 8.78. We have some support, we're outside of the keltner, which means i don't really want to press. My luck too much. I mean things are getting crushed, it's not so.

Would you not recommend to use weibo without a doubt? I refuse to use weibull. I refuse to use robinhood, we know the game now they are sending all your orders as in sending your data to citadel. Why are these people? I don't see, there's no reason to any longer be on weibo or on robin hood. There simply is not.

If you want to look at options, training check out td check out interactive brokers. If you are just comfortable with stock, i love public. It's awesome. It's easy to get going.

You can see what other people are on. You can see what stocks i'm invested in um. 75 of their trades are going right to a lit exchange. They never ever ever accept any payment for order flow.

The other 25 of the time that it's not going to a lit exchange is when they legally have to go somewhere else, because they found you a better price. They have awesome, high quality execution and it's also insane they're very transparent. They have this whole blog post of all their numbers, and you can see the breakdown and everything it's crazy to me that 75 of the time, the best execution is on a lit exchange if you're trading on weeble, if you're trading on robinhood you're, simply just not Getting that execution, how about cash app i've actually never used cash app, but if i had to guess it's payment for order flow all right. The s p 500 is coming up to an incredibly important level.

We broke through 431 and we're heading to. It looks like 426 at this moment in time, um quick, update on the tesla position, currently up 3. 800.. I am in no way doing this to brag, i'm i'm! I need to drive it home to people that you could play if you were confident in a downward trend.

You can play that downward trend and make money. How am i, how is my account still growing right now, even though i'm getting hit on amc and gme as i hold that stock? It's because i'm being active with my trades and i'm making smart properly timed put plays, is uvxy just ripping right now, oh yeah! It is uv y going for that gap. Fill at 21. all right, we're gon na make another trade uh jan 28th.

I did not get a fill what's going on. Why did that not fill wow? I'm not getting any fill at all this market's moving folks there. We go okay got ta fill got ta fill uh. I need to update this.

I hope the day trade thing does undo itself uh right away because strike 340 expiration jan 28th prem. 706.. 2X. All right we'll see how this one plays out.

It was a little aggressive but hey desperate times call for desperate measures. Here's the newest one uh qqq play q, put strike 340 expiration january 28th, premium 706 position 2x um with this one. I would be happy getting out of it today, uh, even if i could get over like eight dollars, maybe pushing nine dollars. I have a couple, so maybe i'll cut half at like eight dollars and then maybe let the other half rise.

Something like that i'll keep you apprised um, but this one happy cutting them all today, we're swinging it over till tomorrow and honestly kind of a similar situation with the tesla one oops. Sorry. I wanted this to stay here, but let's see speaking of the tesla one, the tesla one, it was working out very nicely when it just kept going down. But right now it looks like if i owned some level of support.

Look at that bounce perfectly off of the low from october 21st. I should have been paying attention a bit more. What exactly was that low this low was 855.50 and it bounced at 853, 855. 50.

855 right there uh, and it's also outside of the keltner. Remember when you're on the bottom side, you don't want to really be going bearish, just because it's not statistically advantageous same thing on the top side, you don't want to be going long when it's outside of the volatility bends you're, just looking for more optimal setups. All right, let's see how this really plays out. Let's see, let's see everything bouncing everything: the spy, the cues tesla tesler, tesler, tesler wow, actually really really bouncing.

Now the question is: is the bounce actually going to be legitimate or no, as i'm letting my tesla gains evaporate into the ether, went from six grand down to two grand whoa buyer stepping in buyers aggressively stepping in right now interesting is the crypto market right now. Also getting some buyers, they are i've, seen a little bit of green, all right, watch and watch and watching if this obviously continues i'll, happily cut it i'll lock in my small tesla one. Hopefully it offsets my small loss on the qs, but uh i'm going to give it a little bit more room to breathe. That's exactly why i didn't buy something that like expires today, expires tomorrow.

Remember one of the biggest issues i see, especially with people who are a little bit, let's say newer or overzealous in the options market is. They are too aggressive with their time frame because those are typically cheaper, so they want to buy more and they're like well. If i buy more and i get a bigger percentage, i'll make more and more money and it could work out that way. Obviously, but i think a very good rule of thumb, for the scenario is whatever time you think you need, you probably could just double it.

I think that's like a very good like reasonable starting rule, all right, all right, i'm watching this. As someone just said, don't let a green trade go red yet i am closely monitoring tesla closely closely. I'm not going to let this go against me because like well. I'm also at this weird thing now, if i actively trade it it's this really weird scenario where, if my account falls back below 25 000 i'll actually get hit with officially violating pattern day trading, because the amount of day trades so like i, i very much need To keep this account above it or whatever, i think you might be able to apply once to get the restriction off.

But then, if you don't there's like a 90-day like issue - and i just don't want to deal with it, so i'm watching it very very closely. I'm just trying to figure out what's going on right about now volume, what are you gon na do decision time everything had a nice little bounce now the question is: is it gon na put in like a higher low, or was this just like uh, a fictitious Thing we're about to find out. What's the next support on amc, that's a great question. Let me bring it up all right.

Well, the first thing i need to point out is remember what i said when it's on the bottom side of the keltner. On top of the fact that the relative strength index is this low that really really increases the odds of a reversion play, as in everything, is so blown out that it's actually arguably statistically crazy. To short it right now, but just so you know we did gap. Fill to this high from may 25th uh, which was 1667, and that puts the next support around the 1450 area if it gets there today tomorrow, within this week, it'll just show that, like the chart, is even more overextended in the down direction in the bearish direction And when it comes to the market, a very real thing is mean reversion.

When you get overextended to the downside, when you get overextended to the upside people, it commonly reverts to the mean the average. So right now, things are obviously bearish in the entire market. But, like i said it's also, you have to know how oversold things currently are. What's blown out, the technical is on amc right now to the downside, it's very questionable of if it can continue in that manner.

The rsi is super low. It's on the bottom side of the keltner. At a certain point, you just wonder if, like the bears have to run out of steam, the selling has to run out of steam. There's no such thing as like an infinite amount like we're dealing with a finite amount of money.

If the mo s could crash the market, would it be possible that citadel sec and fed are working in conjunction to drive a bear's market to avoid moas? I don't think so. No, this there's a lot of people who it's the other way around. The overall market is going to have an influence on amc and jimmy can influence. Can amec and jamie have an influence on the overall market yeah, but you need a scenario like we saw in january uh where, like it has to get to the point of like taking away the buy button again for me to believe it amc and jimmy they're.

Not gon na have that big of an influence on the overall market, i'm talking the spy of the qs and the russell you're talking about a 50 trillion dollar entity when amc and gme, if you put their market caps together, amc has a market cap of 8 Billion and gme has a market cap of 7.4, so you're talking 16 billion 16 billion dollars in a 50 trillion dollar entity. It is the definition of a drop in the bucket. It's no like um. I think people kind of think of it as like.

A monolith of like somehow amc and jimmy are of the equivalent size and impact of the overall market, and that's just not the proper way to think about it. It's a very good question, though. The next tesla support, so i was watching um 55. It bounced off of 53.

i'm closely watching this right here with the overall market like i know that is technically a higher low like i, i fully understand that on tesla, but the reason i didn't quite panic is just because i see what's going on in the Spy right now the spy is looking heavy. To me remember, a very crazily important line for the spy right now is 4. 26. 36.

If we go below 4 26 36, which it's two and a half dollars away a little almost three dollars away, that would be insane. I don't know if we're gon na get there. Let's see, let's see, let's see, let's see all right amc trying to push that 1620 level. You know what was weird this morning is microsoft.

Out of all this insanity, microsoft is holding up very, very well like relative to many other things going on um microsoft. It's really attempting to buck the trend. Uh ldnbx uh, you skipped. Oh sorry, hang on.

Let me find yours: where is it hey, matt, uh? You know who i am long time. Investor you're, probably sick, of the questions about amc, still a squeeze play or not, because dude i'm exhausted in the most straight forward manner. This is a high short interest. If the shorts get trapped, yes, it can squeeze.

Does that mean it's going to squeeze? No, i i don't know like there's, there's people trying to guarantee that this has to happen. This does not have to happen. This is not a guaranteed thing. We're dealing with the stock market when it comes to the stock market, nothing is literally ever guaranteed.

If you're asking me is a mathematically from a technical perspective, can amc squeeze yeah? The short interest is 21 gme. The short interest is 20. The overall look at the russell, the russell 2000. It's 43.

The all of these shorts are numerous the spy, the qs, the russell amc and gme if they get caught and what i'm saying is like if the fed comes in and they're like, you know what we're actually going to be pretty device, these shorts can be trapped. Yes, it is theoretically possible, it is mathematically possible, but i'm unaware, like i, i not clairvoyant. I can't tell you the future and it is not guaranteed. There are people who, for whatever reason, care about your emotions more than they care about the truth, that's wrong.

I, if you don't like me, but i help you make money. If i help you learn more about the market, that's cool, we don't have to be buddies. We don't have to go to the bar and get a beer together. That's fine! If you don't like me, that's okay, but at least i am telling you the truth.

I don't care if you dislike me because of that i have to live with myself. I have to tell you the truth at literally all moments and like even this, someone asked me a question: you have fell off the amc train, it seems like hate to say it. Well, that's your opinion, but i haven't, i truthfully believe many other creators and what people would refer to as a leading voice are straight up lying to you. I haven't fallen off the train.

I have been always telling you what's going on. I explain all these metrics. I go over market manipulation. I go over the technical levels, i explain it and i give you extra ways to battle your portfolio draw down in bearish scenarios.

All these other people. You know what they're doing they're hyping up, amc and gme. That's all they are they're.