So hey what is going on and happy shirt happy fancy shirt friday. I hope you are repping your massive massive duck space shirt, because what else would you be wearing on a fancy shirt friday? So we got a lot to talk about. First of all, in terms of the overall market man, oh man has this week been like, actually surprisingly, bullish, we're gon na break that down and let's see if we can get a better idea of if this bullishness will hold and kind of related to that. Of course, i have some updates of the recent decisions and commentary related to the federal reserve.

We have some updates of what's going on in ukraine and putin's invasion, and then i want to talk about some individual companies, namely gme, the og of the meme world. I'm talking about gamestop because they just had their earnings announcement and i want to go through all the details of what was what wasn't said, what it means. What it doesn't mean all that good stuff before that bell, goes ding any ding, ding ding, i'm very excited, but before we get into all that feel free to check out, what's pinned to the top of check, i'm talking about becoming a better trader and an investor On true trading group, it's pinned you can get, you can try it out for yourself. It's a one week trial for three dollars: you're not going to be auto charged or anything like that, and thus far pretty much everyone who's done it.

When they've i've asked them about it, they're like hey, i wish i joined it even earlier. So let's get rockin right now in pre-market action. We have the spy ran all day. Yesterday.

It's given up some of those gains in pre-market oxy, i'm going to be talking about that one. It directly relates to crude oil, but this is the one that warren buffett's been loading up on. We'll talk about that muln. I have it up just because it was definitely catching some excitement from the retail community over the past week or two, and then here's gamestop, as you can tell thus far the market reaction to its announcement, not the most positive, but i want to share.

I guess a little bit more of an in-depth look on what's going on there, so in terms of the overall market, the dow, the s p and the nasdaq red red red and then oil is actually green, currently trading at 103. So that's good for me, but i need oil about like 30 higher for me to make money, i'm still in my uso call yields are coming down. 10-Year yields are coming down a little bit. Speaking of yields.

Remember this past week we get our first rate increase since december of 2018.. We are now from zero, we're going up to point two five percent one quarter of one percent, but now we're having some members of the fed saying hang on. Maybe we should even be more hawkish, which allows you to fight inflation, but on the flip side of that you're, it's not as accommodated for the market they're, not intentionally not being accommodative to the market, it's more of a side effect, obviously, with higher interest rates. There's less mo money being loaned out.

Money is not as easy to come across and also in this particular scenario. Well, before we knew the fed, i mean their balance sheet is like 8.99 trillion dollars. They were injecting a lot of money into the market which they are no longer doing so that prompts crazy inflation and to fight that you have to take some potentially drastic hawkish members, st louis fed's bullard, says the central bank should raise rates above 3 this year. We're at 0.25, even if we do the next the remaining six meetings, even if they do 0.25 there we're not going to be at this three number, uh, so he's kind of saying, hey.

We might want to actually do more uh st louis fed president james bullard on friday released a statement explaining his dissent from this week's decision to raise .25. He wanted point five bullard says the fed needs to show it's serious about combating inflation and should hike rates. The equivalent of 12 times this year so he's saying double up: that's what i'm saying of like okay, we're at 0.25. We have six more this year.

Well he's saying: let's hit him with 0.5.5.5 that isn't going to be completely early 80s style, but it's a little bit more related to that. I'm talking about volcker greenspan where we had the same relative level of inflation, except they had rates jacked up. In fact, it was so extreme that it actually prompted two recessions, because just that's how high the fed fund rate was fed governor waller says half point rate hikes could be needed to tame inflation. This is kind of interesting uh federal reserve.

Governor christopher waller, told cnbc. He's looking for a 50 bips interest rate hike, so this is a little surprising because bullard over the past, however long has actually been always pretty hawkish, so no one's really too surprised he's just kind of sticking to his guns on it. What's interesting about waller here is you're not really hearing too much of his commentary. It just hasn't been reported, and now all of a sudden, the question is well hang on, is bullard getting other members of the fed to kind of agree with his viewpoint and all of a sudden is the whole fed going to be more hawkish.

Obviously, we have a bit of time until the next rate hike. So, let's see if bullard's gon na hit the ground and convince people or maybe he's not gon na convince people uh. So it's just something to pay attention to, because all of a sudden, if we're seeing in the futures market, then it's priced in that they are going to start doing a 50 bips rate hike. Well, at that point, that's more hawkish less accommodated for the market, and i think the stock market will have a more difficult time growing.

I think the one thing that will keep them away from doing this is actually if the situation in ukraine isn't quickly solved. If tensions are continuing to build - and just so you know on that particular note, joe biden is speaking with the president of china xi jinping today. So, let's see, if anything is reported from that, but anyway, if those tensions don't calm down quickly, i think the fed will be looking at it in a scenario where that could be prompting some form of economic retraction anyway, and i don't think they're going to want To dog pile onto it, but just so you know in the uk, their central bank is already at 0.75 federal reserve governor christopher waller, all right 50 bips, though he voted this week for 25 point uh uncertainty due to russia and ukraine. Waller said he thinks that the fed may need to be more aggressive soon.

I really favor front loading, our rate hike, so we need to do more withdrawal of accommodation now that we have our impact on inflation later this year, um. This is going to come down to what we've been seeing of people who are kind of yelling at the fed of like okay. Is this a policy or are they going too slow in 2021? And now? Are they going too fast in 2022 to try to make up for it? It's a whole big debacle with a lot a lot of like. I guess things to consider, and i guess i'm just happy that i'm not the one who has to make these decisions.

Dan niles predicts a recession and uh picks stocks to weather the volatility ahead. There's two things that when we've seen them, we've never not seen a recession within the next 18 to 24 months, and that is oil going over 120 and the 210 yields inverting. The yields have not inverted, but obviously, two weeks ago, oil did go above 130.. We've got a big problem ahead of us.

The us federal reserve for the first time, arguably in over 13 years, is your enemy. If you're an investor versus your friend as in not a con accommodative for the market, i think you know the fed is really super behind the curve. I'm not sure they realize how much trouble they're in with the fed, probably going to have to get a lot more aggressive than what everybody is anticipating. It's really bad for the market multiples, because you've got valuations at some of the highest levels we've ever seen.

So basically, niles here is just pointing out the disconnection between really how things are priced in in the current market and what the fed, in his assumption, is about to do to battle inflation. With that being said, he did throw out some stock picks or at least sectors that he enjoys those that did not benefit from the pandemic. Those that set to benefit from economic reopening as the world learns to live with coven those with low valuations and currently produce good cash flow and earnings, and not 10 years in some mythical future, where you think they're going to be huge. He's calling out the likes of cisco um sienna erickson nokia, so you can check out this article if you want those pics, but i just wanted to let you know what's going on in terms of inflation monetary policy, just because we had some movement this past week.

Now we have to, of course, right now, just because it not only isn't news and it's important to be informed with accurate news, but on top of it yes clearly has an impact on the market. So we need to talk about some of these other things. Rescuers search, theater rubble as russian attacks continue for whatever reason as we're going into uh the fourth week. The situation does not seem to really be calming down, but the way i mean i've even seen it is like media is reporting it a little bit differently.

Uh they've been focused more on the fed and like it seems like it's just not being talked about as much and some of the negative news that like they were all excited to report on they're, not really doing it, but just to remind you yeah, it's a Very serious situation still there, rescue workers searched for survivors, thursday and the ruins of a theater blown apart by russian airstrikes in the besieged city of maripool, while scores of ukrainians across the country were killed in ferocious urban attacks on a school, a hostile and other sites. So obviously, there's some still clear intensity there. Most recently missile strikes near ukraine's western city leave biden to speak with china's xi, leaf stages, protest and fresh call for a no-fly zone. Remember this is something that even zielinski was asking with congress on wednesday morning.

The chance of the us agreeing to, though, is absurdly low borderline zero percent, because if you do that it's could be construed as a declaration of war and then all of a sudden nato's involved and then all of a sudden we're looking world war iii. In the face, so the chance of a no-fly zone being declared, i mean it might get declared, but it's pretty much saying okay. This is going to get escalated to some very serious level of warfare. Uk government to speed up criminal sanctions for the tech bosses with new online safety laws.

I just wanted to share this because it's uh a new thing that really like i don't know it took me by surprise when i was reading it. This morning the uk government announced wednesday that executives could now face prosecution or even jail time within two months of the new online safety bill becoming law instead of two years as it was previously drafted. The government said a range of new offenses had been added to the bill that makes the senior managers at tech firms criminally liable for destroying evidence failing to attend or providing false information on interviews with ofcom and for obstructing the walk jog when it enters new or Enters company offices, facebook, instagram, youtube, twitter and tick tock have all been criticized for allowing harmful content to be shared on their platforms. This is kind of a crazy step of like well silly me.

I actually kind of thought this was how it was going was like. If you were obstructing the watchdog, you could already get in trouble like serious trouble. Apparently, it wasn't uh, so this is now becoming potentially law that just inherently already made sense like i thought this is how the world worked. So it's, i guess, in a positive way: okay, yeah! If you are obstructing some sort of regulated watchdog, i feel like you should get in trouble, especially with these big tech conglomerates, so just wanted to quickly share that now.

Let's talk about some of these individual stocks and then we'll do some chart review and all that good jazz warren buffett piles another one billy into occidental petroleum, boosting his bet on the energy stock to 7 billion in 11 days. Here is oxy. It is a oil and gas production play our boy. Warren buffett already had a position, but he's loading up more and more and more to the point now that he owns basically 15 of the company uh he's way beyond the percentage level of being an activist investor, which is usually the cutoff around five percent, he's at 15 and over the past three weeks and even more this past week, he's been loading up more and more and more he's continuing to buy at this level and to me, that's really he's signaling that he thinks energy prices are going higher and higher and higher and From a technical perspective, the support support support has now become resistance if it gets to this i'll be watching 70 and then, after that, i'm watching 80..

I have no position, but i was talking with some of my fellow traders about it this morning, and this is one that i'm actually potentially interested in becoming just like a medium to longer term investor and kind of riding this potentially with buffett uh. I i don't think energy is out of the woods yet i really really don't. I don't think that this recent spike in crude oil, which is going to lead to like all these other petroleum-based products going higher, i mean look at the gas pumps. Look at all of your energy bills.

I don't think it's slowing down yeah, maybe in the short term, there's like a momentary decline in prices, which i highly doubt that they're going to pass those savings along to us, the consumer. But that's a story for a different day. I think it's going higher and for some particular reason. Warren buffett picked this one out of all oil and gas production companies very, very interesting, and just to remind you warren buffett here, he is in no way an active trader.

He gets in and he's going to most likely be in for a couple years. So this is kind of that medium to long-term outlook that we're getting from like one of the most well-respected investors of our generation, warren buffett's, berkshire, hathaway plowed, another one billion dollars into occidental petroleum, ticker symbol, oxy over three days this week, meaning it's now a total Of seven billion dollars of the energy stock in just 11 trading days, 15 stake in the oil and gas company, so i just wanted to bring that up to you, i'm in uso. I have those calls they always expire next month, the april monthlies, but i'm really playing around with the idea of getting some oxy stock. Amazon closes on an 8.5 billion dollar acquisition of mgm amazon has closed its 8.5 dollar billion dollar acquisition of mgm and the company said thursday, the storied nearly century old studio.

With more than four thousand film titles, 17 000 tv episodes, 180 academy awards and 100 emmys will complement prime video and amazon studios work in delivering a diverse, offering of entertainment choices to its customers. So i just wanted to call out amazon recently making some big moves. They bought out mgm they're, doing um just various other things. I mean amazon's a huge conglomerate buying this company and doing this thing doing that thing uh, we know they're doing a stock split.

So, just recently, there's been some big movement, so i just wanted to call out whatever's going on in the world of amzn. Let's talk about gamestop gme, the og meme stock that took reddit by storm and then eventually took the world by storm and really eventually almost brought the stock market to its knees. Gamestop stock falls after retailers swings to surprise. Q4 loss confirms nft marketplace plans so in the short term of how they performed in the recent quarter, not the best, it swung to a surprise, quarterly loss.

What was that surprise? They were looking for a gain of earnings per share: a positive earnings per share of 84 85 cents on a revenue of basically 2.16 to 2.2 billion, depending on the source. You look at the earnings per share. Not only was it not a gain, it was actually a loss of 1.94 and we're gon na get into this, but it was more of like supply chain issues that they saw, but on a more of a surprising note, they actually beat on revenue, so they lost. They missed on earnings per share; they beat on revenue, the revenue came in at 2.25 billion, so on the even on the upper end of their expectations.

They still beat by 0.05 billion, so hey good job there. But the exciting thing to me was gamestop part of the meme stock phenomena also said it intends to launch the nft marketplace by the end of the second quarter, so we're basically looking by june. We finally have a date something to put on it now in the short term it missed, but also to me the way i kind of view. This whole scenario is with the insanity of the whole meme saga.

They were able to it, afforded them the opportunity to raise more capital and do what they can to change the directory. The trajectory of this company. This is something that will not happen overnight and it's gon na take time. This could take months.

This could take years, but we are seeing this like. I am so absurdly bullish on this concept of an nft marketplace and now the fact that we actually have a time forward of like hey, they're, gon na launch it. And, of course, we already know that. There's a very impassioned supporter base for this, and if they and you have to read more into it, and then this is his connection with immutable x, which will be the technology powerhouse behind their nft marketplace, well huge huge emphasis on these play to earn games.

I am so absurdly bullish and it's getting to the point where, when i think about gamestop, i tracked it at first when i knew about gamestop, i was like hey. This is just a video game store that, like won't, give me that much money for like my games and then all of a sudden. I started tracking roaring kitty and then i started seeing what was going on in wall street bets and then obviously it's led me to this point where i was tracking that this is the og one. I have my stock and i'm going to hold my stock just because, like i like, where it's now going in the long term, if you're looking at a short time frame of how it performed over the last quarter, not that good, i'm not going to sugarcoat it.

For you, it was not that good, but the market is a game of where we are going. Remember that wayne gretzky quote of like don't look at where the puck is look at, where it's heading and to me, when i'm seeing this rise in technology, the rise in nfts the rise in play to earn games, i mean nfts, the like transactional volume over the Past year was over 20 billion dollars, 23 billion, i think, is the number and, if gamestop can take a portion of it, which i think they will because of its loyal supporter base. It's making me feel a lot more comfortable in the long term position. I have now in gme stock uh gamestop swung a loss in the holiday quarter amid a turnaround, effort and supply chain challenges.

So yes, in the short term, they clearly had supply chain challenges, but what i'm focusing on is this turnaround effort? Are they going to be successful in the turnaround effort from a brick and mortar store to becoming dominant in the e-commerce space? That's the question and my i guess: equity ownership in gme right now through my stock, is betting on a successful turnaround effort. The company said it will launch a market place for nfts by the end of the second quarter, we're talking june of this year. The video came. Retailers said it's making progress in other areas too, such as launching a redesigned app striking partnerships with pc gaming brands.

I believe uh corsair is the one i remember off the top of my head. I think it's somewhere in this article and attracting new members to the rewards program. The rewards program grew by a crazy percentage. Ceo matt furlong, who remember if we haven't, talked about him, particularly in a minute he came from amazon uh, said the company's earnings call that the gamestop is still in the early days of turning itself back into a customer obsessed technology company.

It is important to stress that gamestop has become such a cyclical business and so capital starved that we have had to rebuild it from within. We also had to change the way we assess revenue opportunities by starting to embrace, rather than to run from new frontiers of gaming. I love this to me right. There they're, embracing where technology is going the new frontiers of gaming.

If there's a company that should be doing gamestop, it's in the name um so right here, they're attempting to transform from brick and mortar chain to an e-commerce player, love it. It was striking deals with alienware, corsair lenovo, so some pc gaming brands right there launched a redesign, app and hired dozens of people with experience in e-commerce operations and blockchain gaming. I know it's like just too little work gaming, but i am so insanely excited about that. Um - and actually i like, where this is going so much that, like i'm, just becoming very absurdly confident in being a long-term holder now, because if they can pull this pivot off, i just see the world of play to earn games.

Blockchain games nft marketplace related to gaming. I i i think the future will clearly have a demand for that and if gamestop is going to be the first particular mover in it already with its supportive base, i don't see how it loses them. This is another interesting fact: it's membership program, powerup rewards pro grew by 32. It grew by a third.

Those are some impressive numbers, but in we still need to understand why right now, it's down in pre-market and it's because of this. The company took a hit from both supply chain challenges and the unicorn variant he added gamestop leaders made the conscious decision to lean in and absorb higher costs in order to meet customer demand classic supply chain issues. This is the exact same thing, almost every company that we talk about with their earnings in one way or another alludes to this isn't really. This is par for the course.

I should say we felt and continue to feel that investing in our customers and rebuilding brand loyalty right now is the company's best interest over the long term. I like this between matt furlong and then ryan cohen, they're, focusing on where this is going in the long term. So to me this long term, if that's, where they're, focusing that's, how i'm kind of repositioning my ideal on what type of investment this is uh. So that's the whole breakdown of gme, oh, and actually what i want to show you right now short interest is the highest: it's been uh in a minute: 21.27 percent cost borrow 7.4 utilization maxed out shares on loan, just under 20 million um.

Let's talk about the overall market, 18.6 percent on the spy, the queues are at 14 and then also iwm is at 38 uh. Let's give you amc as well, also coming in at 21, so amc and gme in a very similar spot utilization 100. But the thing to point out on amc is the cost to borrow is actually a little bit lower at one percent. Overall, the spy coming down this morning, oxy related to crude right here, holding pretty strong emuland had a great day yesterday gained almost 40 percent.

It is down 8.6 percent in the pre-market, but i want to see if it can hold right around this level. 225 also around two, and then i today want to watch gme out of the gates just to see how the market's going to respond to the fact that yeah, the nft marketplace should be launching by the end of q2 we're talking june uh man, i just the Reselling, the brick and mortar reselling of games that was obviously a failing business model, but this new trajectory of becoming an e-commerce platform in a particular. I guess, industry that i am bullish on play to earn nft based games. If gme is the leader of that we're talking some serious money, serious serious money, i finally got my diamond duck.

Shout out, don't forget doj mysteriously remove the rule that studios can't own theaters. In 2019, 100 plus year old law deleted only happens under heavy lobbying. Oh for sure, for sure why wouldn't gamestock work with ape? I don't know what you're talking about. I would say that gamestop is in one way working with the apes by using the at the market offering money to get a better trajectory they're attempting to provide shareholder value, kramer tweet, all right.

We have about five minutes till that bell goes ding any ding, ding ding. Let's see what yeah. I thought you many tweeted late like recently. What do we have commando's got whence chill says prime mins put on what i don't know.

What any of this is about? Doesn't really seem to connect with us what's imp doing. This is another related um oil and gas production play that has a crazy high short interest. Man someone's in trouble this morning on imp, uh inp's numbers, are pretty crazy. It's on the threshold list super high short interest.

I have no position in it, but uh 34 cost to borrow 210 utilization. 100. It's on the threshold list. It's a low float stock.

This is a powder keg. The question is just: is someone going to light the fuse to it uh? We can definitely watch this one out of the gate. If you folks want to do i like hymc as an investment right now. No, i don't uh, it's being it's gon na.

It's in the middle of being heavily diluted, so i'm not gon na be buying a stock that i know is like actively being sold and it's the size of the dilution. That's crazy. Uh hymc is about 100 million dollar company and the dilution is 500 million dollars. I'm not going to buy when i know that there's such serious headwinds i'll like reconsider it when the dilution's over, but it's i mean for me, it's almost easier just to get gold directly, something like gld or play gc on the futures market um.

I don't know. I just the dilution thing. I i don't think makes it a favorable investment right now. Matt you need to play elden ring, i downloaded it.

Uh haven't played it yet, though, i personally think nfts are dumb. That being said, doesn't matter what, i think lots lots of things i think are dumb that people love. So i think, there's a fair point in saying. Maybe the way we're currently thinking about nfts are dumb, but i'm not really thinking of the ones of just like influencers pumping something that has no utility.

I, like nfts for the gaming sphere, because there's already clear utility um, there's already people that are spending millions of dollars, probably per week like in totality on the newest skins in call of duty. Well, why not make that an nft? It's already a proven. It's already a proven thing, so humble electrician. I understand what you're saying, but i'm almost looking at what i would consider like version two of nfts and i think we're really going to see that type of utility at first expressed through play to earn games.

I mean in certain parts of like southeast asia, people are replacing their income with these play to earn games by the likes of like axi infinity and now, all of a sudden. If gamestop is running the nft marketplace, that is the dominant marketplace for all these nft games, which i think are going to explode, i mean gaming is wildly popular and now, if you could tell people that they can make money while playing gaming while playing these games, I i just don't see how that fails. Tesla tesla, tesla tesla should be up right now by the re-opening of their shanghai plan. Uh, currently up wait.

What's this pop 864 to 873., so some shanghai development or shangha news development, so with the shanghai plant there do you think rory kitty could be working for gamestop the timeline of his lack of presence in the community lines up with that possibility? Oh no! Not at all, not like his silence is remember, like congress called him in front he's probably uh like worried about congress, the sec, i don't think he doesn't like he made millions and millions of dollars uh. I don't think he's working at gamestop. No, i mean i'm not saying it's impossible like he might be, but i just don't see his silence is much more of what uh. I guess congress induced not because of like he just got a new job.

All right, the casino is open. Let's see, let's see okay, so tesla having some crazy action this morning, spy. It was down in pre-market currently down point six three percent, let's see if that can push on the day and then gme uh, currently down nine percent on missing on earnings per share beat on revenue. But the thing that particularly excites me is the fact that they're going to be done um by the end of q2, with their nft marketplace.

Well, i shouldn't say done it will be launched. Silence is what jim cramer should do hey if you haven't already uh. It would be awesome if you guys could all hit that, like button just helps me out, get this video in front of other people who might be interested also don't forget to subscribe. If you are on rumble and seeing the green button, you got to click on that.

If you're on youtube and seeing the red button, you got ta click on that. Just so you know today, i do have a kind of like an interview meeting thing. I need to do uh to actually talk about gamestop, so i'm gon na be dropping stream at 10 45. Today um about 15 minutes early, just to give everyone a little bit of a heads up there, matt apecoin is wait.

What is apecoin trading at right now? Um, i didn't get any of it. I made some videos on it yesterday, just because it dropped, but let's see what it's trading at apecoin apecoin is currently trading. Oh it's currently up to 15 right now. Yesterday, when we were covering it, it was trading at eight.

So it's kind of doubled up from the lows of yesterday, 1491. yeah doubled up how many of you are in apecoin right now i hit the like so hard and manipulated in the market. I appreciate that kudery. That's that's called team sacrifice right there.

We got a couple people in apecoin. I never made the position. I just want to see how things settle gme, getting a little bit of a bid uh. What else do we have? What is apecoin? It's um a new crypto token, it's an erc20 that was built by really the owners of board api club and they're using it.

It's basically a big dow, it's kind of cool but uh those videos already like. If you want the tl dr version, what it is it's on, crypto cores, apecoin pump and dump you know at first. That really was my thought. It really really was um and then i looked at who is like running the project and they are all very well known people and i don't know if they would risk their name brand and like do a pump and dump uh.

It's people high up like a reddit co-founder high up people at ftx um. This isn't something where it's just kind of like a random group of people. These are all people who are highly respected in the world of crypto. It's proof of work right now.

It's an erc20, so it's an ethereum token all right we're seeing gme fighting back trying to get that green. Hopefully, it'll go another five bucks. What else do we have where's travis? That's a good question! Ben craig good morning, good morning, good morning, good morning, uh apecoin is another distraction to dilute ape buying power. So we don't squeeze amc uh bert.

Do you mean that sarcastic or literally i'm very, very curious if you're, just like mocking the people who say that kind of a thing or if you mean that fuzzy g? What's up don't sleep on gold? It's moving! I think it's sarcasm. What's mulln doing out of the gate, ooh picking up a little bit mean that literally okay, bert um, the ape coin has it has to do with the board ape yacht club. It doesn't have to do with the eight movement of like game. Stop amc squeeze! So no, it is not another thing for distraction.

In fact, i don't think there are distractions. It's just not this. This concept of this distracting from this - it's just not like mathematically. It just doesn't work out that way and the connection there is literally just the word.

Eight, but it deals with board ape yacht club like the most valuable nft project. All right, muln is actually down on the day currently, but trying to fight hymc's up, but i'm i don't really like hymc gme is pushing, though up six percent, all right. What's the spy doing the spy trying to make up some of its game we're seeing a little bit of bullishness things are trying to go upward. Impp tesla amc is making a move too all right across the board.

We're seeing some green current feelings on my uso. Calls um not like i'm down a big big percentage, but i'm just trying to say com com com, com, amc is pushing 15 and 40 cents. Jimmy is pushing jimmy. I would love for this to push its other five dollars and go back.

Green would love for it to happen. What do we have here? Gamestop announces launch of nft marketplace for q2 2022. The firm's financial enrol results included an announcement that the highly anticipated nft marketplace is expected to launch by the end of the second quarter of fiscal year. 2022, that gives gamestop until june 30th to come good on the promise, nft marketplace gamestop june 30th.

What else do we have going on uh? They move into space, become much clearer. Last month, with gamestop announced a partnership with a mutable x, a layer, two scaling solution for the speedy transactions on ethereum to assist with the nft launch. The tie up with the mutable x came up with a 100 million incentive fund to incentivize game studios to build gamestop's, nft platform, muted performance. They lost 147.5 million in q4 of 2021 and in the previous year they actually made 80.3 million in that same period.

What else we have, however, it remains to be seen if other members of the meme stock cast will also pivot into crypto. Well, we know amc clearly has not, as i guess they haven't put as much on the line as gme has gme is truly trying to make its future in the world of crypto, while amc is attempting to adopt it. Um - and i also like i mean i guess, with amc yeah - you could be like okay well, they could get into the verse and play movies there, but inherently, i think it's um kind of a harder transition. It's an easier business way to see how gme would get heavily involved in the world of crypto over amc.

Do i think, do i think if mu only goes above three dollars, things could get spicy um yeah, oh, if it gets above three yeah, it's just gon na be putting more and more pressure on the shorts um, but with it i saw some people saying like It has to go to 10 to 15 to 20.. No, it doesn't. If you see the trend change. What i would personally do is, i would take my money and i would run how's the oil oils right here, trading at 103., hey if, if we gain a dollar two dollars a day, i'll be happy with that people are buying up gme out of the gate.

This thing might be going green. I would love for that. To go. Green amc is getting into nfts with the virtual world and walking dead and i'm sure there's more to come.

So they have been doing nfts, but they haven't had any revenue related to nfts. I'm sure it will come like if you keep doing nfts like. Why, essentially, would you not want to drive revenue from it, but that still remains to be seen. I would in no way be surprised if they do that um and i think that's the obvious setup.

There is you, have two stocks with gamestop, clearly starting it and then amc following suit that are thought to be like the ape stocks, these meme stocks, that a lot of retail is in as like a symbolic fight against like market corruption. So if you have amc, that's attempting to sell nfts and then gme that has an nft marketplace and then all of a sudden you're, officially combining like the two groups uh to me. That's just is very obvious from like a community support standpoint: mccoys doesn't even trade he's an actor dylan r, you don't even think you're stupid see. I could do it too.

Matt kors is a penn state fraud. Are you saying i didn't go to penn state, dylan, you're so stupid? That's what i did. I learned how to act at penn state. It's all a performance, a paid actor.

If you will they're like we just need. We need some guy who has a plethora of duck shirts to really just drive home this meme movement, uh dylan you're, not wrong. I am acting. I am acting in real life.

I would say something far more harsh to you, because i think you're uh a p brain dimwit, but, alas, i don't wan na get kicked off from streaming, so i'm gon na hold back my colorful adjectives. It is an act. This is an act of restraint that you are currently seeing end scene so stupid. What up matt! I found your channel exactly one year ago, and i've made some decent gains from your education.

Keep grinding and stay thick lt get karthik shout out, see be be better. Dylan be more like a karthik copyright free music you could play in the background. I made music lounge shout out j, a h, w x, ja works in video. Oh, this is another thing shout out to market danger.

She whoa. Okay. This is wild. The amount of open interest that poured into nvidia for 250s today is just nuts and look at that, like we're talking millions and millions of dollars at like the last second poured into nvidia out of the money, calls at 250 and then out of the gate, we're Ripping anyway, if nvidia makes some sort of announcement today - and this thing continues to rip it just reeks of insider training like the amount of money in the 250 calls it just, it doesn't add up unless someone already knew something was gon na happen, and with this I do admit, obviously things are all kind of pushing right now.

So that's fine, but if there's some sort of announcement on nvidia that causes it to go more like, i guess the sec is going to have to hire me to like point this particular one out because like that would be crazy. This is just nuts hang on. Is there more flow into it? Let's check this out uh, no, only gtlb out of the gate, nvidia just keeps ripping backwards. You think duck shirts are your ally, but you merely adopted duck shirts.

I was born in duck shirts molded by duck shirts jesus jesus born. It's jason christ. Everything is attraction from wdi uh. This whole distraction thing it's so funny.

Thanks for the shout out, i've been watching you for a year now we also make custom socks duck socks. Let's make it happen. Hey i can. I can do with a pair of duck socks what did ryan cohen ryan well, what is this? That's something that is that's.

Definitely something nvidia is still ripping gamestop, thus far stalling out at 83. M-U-L-N also ripping how many of you are still holding your m-u-l-n, because you're about to go even more green, when you give it five more cents, prague is on a move: hey i'm in prague up nine percent, there's certain things that are just ripping right now, i'm A tiny little leprechaun uh you crack me up. Matt is the best tesla trader deck lord expert actor and soon to be president, that's an impressive resume. Thank you.

I wish i were this good at acting. I can't wait for my hollywood. Debut cannot wait for my hollywood debut rippin nvidia, rippin, m-u-l-n, rippin, everything's, rippin, rippity-rippity-rip, rip rip higher and higher higher and higher. We go where it stops.

Nobody knows feels like a good day to be a retail investor, we're seeing a lot of green, a lot of green crypto, taking a little bit of a breather eth if you're in east. How many of you like are tracking eth right now, because if you are, you need to know, it sounds like we are getting very, very close to the beacon chain getting merged back into the main chain, which will convert ethereum from proof of work. To proof of stake and man - oh man, uh. I think it's going to lead to a lot of excitement, a lot of volatility because there's a quite a bit of locked up ethereum like we're talking like 25 billion dollars worth that will now be free and i don't know i'm excited, i'm excited to see how Serenity ends up playing out like legit check wti since open goes bur.

Well, i think oil is wait. Wtis hang on which one there's so much moving. I don't know which one to take down: wti west texas, crude oil cash uh - it's gon na - be very similar to right. Here.

Crude oil cl crude oil, crude oil uh. Let me go nvidia, just ripping insane truly insane everything's ripping this morning. I want to see gamestop go green just to everyone who was like angry about this, like i understand that it lost its earnings per share was a loss of what a dollar ninety four, but the fact that they're been talking about this marketplace and then, on top Of that saying, it's actually going to be coming out when we're seeing crypto - i don't know it just gets me excited just gets me excited what software is this. This is trading view um.

I really like it for charting it's pinned somewhere. If you want a discount or whatever it is, i'm a penn state fraud that was so weird. Don't you think i would if i were to like lie about the college i went to don't you think, i'd pick like an ivy league, one or like mit or stanford, or something like if i'm gon na commit to that lie uh. So some people are watching about or asking about quadruple witching.

Yes, today is quadruple witching but matt. What is quadruple witching? Well, luckily, for you, i found this paid actor. Who can tell us all about quadruple, witching and, let's, if you guys, need to know about quadruple, witching right here? Hey everyone, i'm matt and i'm coming at you through the interwebs again to talk about quadruple witching. I know it's a pretty weird sounding financial term, but knowing what it is and its implications will help you be better prepared for some surprising market moves.

For example, i recently saw the headlines quadruple witching, hit stock market, sparking bursts of trading and will quadruple witching mark the start of a rocky stretch for u.s stocks. So the question is: what are they talking about if you're anything like me hearing the term quadruple witching? Might make you wonder what these four chicks have to do with the stock market? I hate being the bearer of bad news, but the answer is apparently nothing quadruple witching is when four different types of market contracts expire on the same day. This happens once every quarter and specifically takes place on the third friday of every march june september and december okay matt. Why should i give a hoot? You should be aware of quadruple witching because these days are commonly associated with higher volume and higher volatility, especially in the last trading hour of the day.

That's where a lot of the funny business happens. Funny business many traders, both institutional and retail, are being forced to make a multitude of decisions. Positions have to be closed, new ones have to be open, contracts have to be rolled over all this action creates an environment where large price swings are likely picture. The last few rounds of musical chairs - i don't think i need to remind you, but things can get a little dicey now higher volume and volatility doesn't technically mean anything directly.

I have found no evidence or research that suggests witching is associated with down days, updates, trend, reversals or anything like that. It typically just means you should expect more drastic price swings. It is possible for just some of these contract expirations to coincide. They are aptly named triple witching and double witching, since less traders are being forced to make decisions, the volume and volatility spike is less than with quadruple witching as you've, probably already pieced together.

Quadruple witching can foster a unique opportunity for sizable returns, but, depending on what side of the trade you're on those returns can be positive or negative, definitely approach these events with caution. I wanted to quickly mention that there are some traders who look to take advantage of possible arbitrage opportunities as the bigger fish institutions look to roll their positions into the next contract. These large block trades can create temporary price distortions, which can be traded until equilibrium is met. There really isn't much more to quadruple witching.

You shouldn't be anxious when one comes around, rather, you should understand what's happening and when they take place so you're not caught off guard by abnormal price swings thanks for watching. If you enjoyed the video, let me know by hitting the like button: if you didn't enjoy the video, i'm surprised you made it this far, but you should still let me know by hitting the like button. If you enjoy this type of content subscribe to the channel, i put out new videos every week best of luck in the markets and watch out for those witches. That's a paid actor paid actor.

Well, i would say if you have any questions, let me know, but i think i answered all your questions there. So i'm expecting you all to be experts on quadruple wedging, i'm using a milestone, chat to say you like kindergarten teacher explaining to the class why they should share with each other. That's a good milestone to use notice the fake nittany lion picture on the wall. It's all fake, i was, it was a paid actor from the start, so awkwardly breathy in those old videos.

I see some people saying i should remake them, but you can't recreate perfection, i'm not gon na. Like i already know, i can't make a better video so like what would i do rich greenfield clown on chart it's better to exercise after they? If green, due to increased volatility? Is it better to exercise options today, so, if you're going to exercise, it doesn't really much matter with volatility, because if you're exercising you're getting the fill at the strike, so whether high or low volatility you're executing this trade at the strike price uh. So it's not going to much matter if you're talking about getting out like capturing profits, well, you're just trying to get out at the highest price in your favor at the highest premium price. So that's more like just your trading methodology, but today on quadruple witching days.

They are not typically bullish, they are not typically bearish, like there's no pattern like that. The pattern is just higher volatility and thus far, it seems to be like a bullish. Expansion for today paid actor ice, shanty, expert, texas, road, sympathizer relationship advisor fashion guru. Are you even human duck boy get someone who can do it all? I just want to be your one-stop shop for entertainment.

I just need to do it all. I could be your uh, your jim cramer, your dr phil, your tyra banks. I just realized. I looked at the world and i'm like okay, the way amazon has a monopoly on everything in the world of, i suppose e-commerce, like i just wanted to make a brand.

That is a monopoly on entertainment. I just needed to do it all, so i'm just happy and fortunate that i have the acting chops to pull it all off one day, they're gon na, like youtube, is just gon na be like he makes all of our videos rumble's gon na be like he Makes all of our videos twitch he's he does it all relationship advice, trading, finance, education, he just he does it all fashion freak outs, mental breakdowns that was before scissors were invented. No, my hair's so crazy, because that was in the middle of the pandemic and all barber shops were shut down. That was like you can find ones where my beard is crazy and all that, like i just couldn't get my hair cut.

It just kept growing and growing, and growing amazon market saturation, metcors content, saturation um, i guess the beard i i had the ability to cut my own beard, but my hair just kept growing like just watch the videos. You can just see my hair, like the graph of my hair, like just kept going stargazers. I need relationship, advice, matt, uh, okay, what's your current predicament, a cooking show, you know for a bit there. I like had these ideas of like kind of making like a mock cooking, show where i was just gon na put like milk and cereal or like microwave, a hot dog, and i think that kind of content could still work.

Everything is ripping right now, gamestop about to go green, isn't it another dollar? Seventy prague is ripping nvidia's ripping mullen is ripping. This nvidia thing is super sus the open interest for the 250s out of the money. As of the start of today. This is this.

Is crazy? Do you give babysitting advice? I need a babysitter so, like you need advice on how to hire a babysitter, because if that's what your question is kudery, i can help with that. I know the best way to screen for babysitters. I just need a little bit of clarification. The intention of speaking soft with the hand talking and dry humor some serious office season, one vibes.

I don't need to remind you of the last few rounds of musical chairs. They get a little dicey on how to get rid of my children quickly. Oh, how to get rid of your children, easy, easy, you're, just bigger and stronger you just throw them outside and lock the door, they'll figure it out sink or swim. Nature versus nurture yeah.

Just use your strength to your uh gme, pushing green everything's green everything is just ripping from the bottom left to the top right today, the whole market is just like we're going uh. Thank you. I won't sue you if i get in trouble. I promise, i don't think you could get in trouble for you to get in trouble.

Your kids would have to sue you and your kids don't know how to call a lawyer they're two they're too young, and then, if people do yell at you just be like. Don't tell me how to raise my kids, it's rude to tell a mom how to raise their kids super rude and in fact you should like hit them with the whole, like reverse uno thing, and then just tell them be like wait. You don't throw your kids outside, that's like pretty messed up turn it on like make them feel bad for not doing it stay out of my business stay off my lawn uh gme ripping ripping ripping ripping everything's just moving right now, what a fun day to be In the market the first half hour, this is some exciting stuff. I mean m-u-l-n on the move nvidia on the move, oil, not on the move.

So we don't need to watch that this is just nuts how's amc doing also on the move. Green green, green babysitter advice hire the hottest one possible will make her slash him work harder on their looks and housework need relationship advice. My friends want to meet my totally real girlfriend. What to do? It sounds like once again, you're gon na have to explain to him that she goes to a different school and, like obviously, schedules are tough to coordinate on like last minute like requirements like that, and if they don't understand that like.

Are they really your friend like because, like you've, already told them, she goes to a different school again if they can't accept that it sounds like a them problem sounds like a them problem, solid questions, though this morning i like this solid stuff, hang on what was I doing what was i doing, seeing if there's any breaking news, any breaking news. Yeah, that's that's fake. You know, i didn't believe it recently that well, we already know people on youtube yeah. Obviously, people on youtube buy views, that's clearly a thing, but recently people were telling me that live streamers are buying.

Like concurrent live stream reviews. I was like no way who would do that and then all of a sudden, i found these other live streaming channels with, like a lot of people like a lot, a lot of people and then there's like no comments whatsoever. I was like well that sounds like a little bit sus and now i believe it and it's kind of crazy matt. Your dad said to ask if you've checked your oil lately, i have it and he would be upset and when that kind of thing happens, i'd just like to um also remind him that potentially kanye's as good as jimi hendrix, and it just pushes him over, pushes Him right over the edge - i am a bot guys he has been paying me beep boop beep gme in the green green, green amc in the green gm's up 4.4 amc is up, 3.2 nvidia is just ripping higher and higher and higher muln is up 3.5 percent.

Prague is up 16 uh lots of green breaking news. Biden, blames high oil prices on mat, core's, big magnet. He should because it's what prompted it. That would be one of the things he could be right on in recent history.

Thoughts on bbby holding a thousand shares and up five percent. You know so, if you've been missing the whole drama related to bbby, it's actually somewhat related to gme and the fact that ryan cohen is now an activist investor. He wrote a letter to the board, telling them to basically streamline their process like kind of bring down their supplies to things that they know, sell, well, sell off the bye, bye, baby thing and maybe do an overall like acquisition play. I, like i'm bullish on it.

I am, i have no bbby, but i think he will be successful in this. I think he has too much like almost social media support behind him, like. I think he will pressure the board into doing what he likes and if he pulls it off in, like the short to medium term. He's gon na make a lot of money and, if you're invested, you can make a lot of money.

I get paid to watch this guy y'all, don't yeah if you're not getting paid to be here right now, like you, you didn't follow the right link. It's basically my mom is paying all these other viewers to like make me feel like i have digital friends, so please take it up with my mom. If you haven't gotten your paycheck, are you really that thick or are you just acting i'm actually this thick? And if you want a body like mine, i am actually selling a fitness routine, a fitness workout, but just because it's a friday, it's a fancy, shirt friday. It's quadruple, witching i'll, actually give you it all now now, if you're gon na want like a hard copy of it, you're gon na have to buy that for like 69 payments of 69, but i'm willing to give away my fitness routine free right now.