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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
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Dumb Money w/ Matt Kohrs
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#Stocks #DumbMoney #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
kenny cause we're holding on forty life getting them tended so soon don't be mistaken the apes won't be shaking or breaking because we're going to the monday very soon gonna wake up on the moon brand new yacht and the mcdonald's in my living room bright yellow lamborghini 50 meter swimming pool champagne every day hey fam what you do wanna hang one or two oh you got imagine two oh that's right held on tight jack titties every night we was in way back when they tried to chop it down to 10 and just couldn't comprehend ace was strong until the end now let's pretend shit to tell they'd be sweating had enough of these feelings but the years were rebelling cause we never be selling till we sent it to heaven now we'd be out of yelling hey screw you kenny bought minivan to share with the boyfriend but i pull up in the benz played saying olive cranes going on an airplane don't think we'll be back again celebrating every day like it's your birthday or breaking because we're going to the moon screw candy cause we're holding our foot getting them or breaking because we're going to the moon today's expectation probably more manipulation if you do a creation of a crooked operation brought more while it was low got more dips in trader joe's oh you thought that we'd let go what the hell you take us for holla if you spend your last i'm bananas while living in squalor we don't claim to be scholars we the smooth brain dummies and we never stood totally yeah we do this for love and we do this for our honor a follower of living ain't got nothing on us we the planet of the apes anymore as we call us neil eight strong gonna keep holding on screw kenny cause we're holding our foot in life getting damn teddy so soon don't be mistaken the ace won't be shaking or breaking because we're going to don't be mistaken the ace won't be shaking or breaking because we're going through them we're going to is this ain't financial advice just a little dd every day with my friends i think about kenny in his ivory tower shaking in his lilly bones as the apes of a power must suck to lose to a monkey so dumb but you made your bed and you got nowhere to run i'd love to be a fly on the wall when he makes the price is money stupid ass throwing all my money at the streets like a quarterback if you don't mean anything water run for duck's black aids not leave or not until we get the money stacks six figures ain't selling for less you took on the ape nation and you're fucking with the best we hope for each other my sisters and my brothers the fathers and the lovers we don't need another fan because we huddled through hard times is give us the fucking money attention attention houston the apes have taken over the rocket attention attention attention citadel securities this is a public service announcement for all employees at citadel securities the apes have in fact not sold this is not a drill they are actively here and billions of dollars is being lost spending against amc and jimmy once again this is code red this is a code red this is not a drill attention all employees that's digital securities the apes are as they would say on the loose godspeed man oh man oh man what a day we have going on here folks what a day we've had ourselves a day and a half this is what happens when i miss one day of streaming everything just goes nuts the next day this is what happens when you have to fit two days in one day it's just crazy it's just absolutely crazy no sleeping strong cappuccino folks i didn't get into like when i was saying i was on the red i was on the legit red eye i'm running i'm running on your pure enthusiasm alone there's definitely no reasonable energy in this body of mine and it is what it is it's the gains in my account that are keeping me going amc up 31 on the day 26.50 gme up 14.5 on the day currently trading at 174. this is just nuts this is just nutty tesla crushing it up 8 the spy just hardcore pivot off of 450 hardcore pivot off of 450 things i think i'm long in the futures market on them on the overall market am i i am that's sick man hell yeah we're making money money money money money money gang gang oh man oh man oh man the spy ripping gme i'm getting ready for this power hour we have about 50 minutes left i see some people asking for vortex here's gmes gmes just in real time if we're exclusively taking a snapshot of what's going on today it's two interesting scenarios i know people like to compare amc and gme so let's do that comparison amc it's up more right now it's up 32 but in terms of the underlying metrics as you're about to see the short position against gme looks a little bit more dire so it's six to one half dozen to another amc short interest of 21 gme short interest of 24.8 gme has a cost to borrow of 18.5 while amc's is 2.8 both have a utilization of 100 and gme is a much lower float stock so potato potato overall i think they could both win i own amc i own gme i know some people are amc maxis i think some people are gme maxes i know some people are gme maxes to me it doesn't matter to me they both represent the fight for market fairness they both are making me money today like i'm not going to pick between them when they're both making me money like who i don't see the point in like they're both making stupid amounts of money um so i look at one i'm green i look at the other i'm green i'm stoked i don't i don't see the issue i don't think one's better than the other um maybe if you're a little bit more well even i was gonna say like okay maybe if you're a little bit more crypto focused you might like gme i guess you could say that safely because they have the nft marketplace while amc it is accepting crypto but it's not keeping it on its balance sheet so maybe if you're a little bit more crypto biased maybe like you like jimmy but like i said amc is doing nfts of their own so like we're really we're split in hairs here we really really are it's a great day the spy is back to ripping tesla's ripping amc is ripping gme is ripping uh we could check in some of these other ones hymc i have none of this but that one's up 80 on the day muln that is holding an eight percent gain but not really trending that much today obviously you see tesla ripping and overall if you look at crypto like crypto like crypto is looking super super good right now um i don't know how you are doing on your amc or gme but at a certain point you got to think about okay like if you make this money it's one thing to make money it's another thing to have your money make you money and grow it in a safe reasonable appropriate height or lower risk decent reward type of a manner and i think something you have to consider in any well-diversified portfolio is going to be crypto at this point especially i'm not saying go out and buy the next like like dog dog-based coin that you think's gonna rip i'm saying look at the classics such as bitcoin ethereum things in like the top five the top ten on coin market cap um they're doing very very well and it looks like bitcoin's about to have another breakout and ethereum we're gonna have that merge event if you've heard about this eth 2.0 thing in the merge and you want to know more we literally just covered it in the stream on the crypto course channel i am so absurdly excited i don't think it's going to be much longer uh until ethereum's trading between like five and six thousand a coin i really really don't it's gonna it's gonna be interesting interesting to say the least hey if you haven't let's get some people in here everyone just murder murder the like button murder it unalive it destroy it do whatever you need to but make sure it is not there uh as soon as amc breaks 50 i'll be whole again i was buying shares here and they're keeping rockets going up to the mid 60s congratulations uh let's see if we can keep going with it keep going i hit the heart like so hard my finger fell off oh that sounds like a lawsuit for me harmful and dangerous what's going on monkeys um hey let me folks shout out this is always so wild to me um this these antics like what you see going on right now in real time this is someone who's like like these companies are like yeah we'll sponsor that that that's something that we're we're fans of pin to the top of chat is public sign up make an account it's free to sign up in fact you'll get free stock to create an account and get rocking with it up to 70 dollars worth public.com course or just use codematt it's pin to the top of chat click on it and literally free monies free free free free free free free monies uh they're just trying to get people onto it and i'm more than happy to support it because there's no payment for order flow there's no market makers and what's fascinating is they love supporting ducks the ceo did an interview an interview wild stuff wild stuff amc is looking good at 27 jamie's looking solid at 176 crazy stuff going on crazy crazy stuff going on 27 jamie above 175 i'm still calling out 182 on amc we got above 27 which means my predictions we need the next level the next level is saving so the next prediction is right below 30. we're talking about the high 29s this thing might pop two dollars like nothing like nothing wow wow wow that's just that's crazy that is absolutely insane this stuff is just so wild here let's see what's blown up on twitter about this right now i'm sure everyone on twitter is going absolutely bonkers that's not my password as if they know they can't tell me what to do they're not my mom i would like to get into public but it's only for us yes it's the us right now obviously they're like working on expanding it just takes time but yes it is for u.s people bbbb boy bbboy is also ripping yes the amount of money ryan cohen has made a loan today 10 on that so would he have like 150 mil so like a loan that's another increase of 15 million dollars and then gme he owns even more of that like that's another like he's just making so much money uh we now he has 99 million shares which is just ridiculous 9 million shares 9.1 and then he has a gain of 16 and that's just just his gme position that's wild this is just it's insane is this the beginning of a gamut i mean it could be you have to kind of do gammas are something that are very very real it happens like i'm not going to make fun of them the way i do like short ladder attacks which is just silly um but with the gamma stuff yes the question and the unknown thing is to what degree are the people who sold premium going to have to buy stock and the reason it's unknown is because we don't know how they hedged so it's you can't just look at the out of the money calls and add it up and be like they're gonna have to buy this much that's improper math that's not how it's done because you can sell those but then you could hedge it in a different way you could hedge it by buying some calls you could sell some but you could do whatever you want so when there's people who are making these videos about like look at all these out of the money calls if they go in the money they'll have to hedge this much this much they just add the number up multiply it by a hundred like there's gonna be this much buying that's not necessarily true that's the theoretical max amount but it's not what will most likely play out in reality so it happens the question is to just what degree basically how many millions of shares are going to be bought by people who sold premium and they got burned on being the seller premium on june 2nd my options were up 17 000 that is insane can you please talk about how to tell if a gamma or short squeeze is happening you can't tell in real time you don't know buying is buying uh whether it's a short buying to cover a position whether it's a premium seller buy two hedges that are out of the money calls that they sold whether it's formal buying you cannot tell in real time buying is buying you can get a little bit more clarity two days after the fact because of the two-day settlement but buying is buying selling is selling buying aggression pushes the stock up selling aggression pushes the stock down if they're equivalently balanced well then the price doesn't move if the buying is more aggressive than selling it goes up if the song is more aggressive than the buying it the stock goes down it's that simple that's not like a short covering or a gamma squeeze or that type of buying impacts it differently buying is buying amc has traded its entire float i don't think it has no it hasn't uh oh oluxian it hasn't traded its entire float its entire free float was 500 million uh it's only traded 178 million but also if it did i would have no special thoughts trading your whole float is not indicative of manipulation it can happen it tells me that there's a lot of activity it tells me that there's a lot of enthusiasm not only on the retail side of things but more particularly on the market maker high frequency trader side of things it's a crazy thing to see but it's not indicative of manipulation we're not falling for you tricks all these charts are upside down do you like amc again brett when have i ever not liked amc do you like aim bret i'll just say it because everyone's happy and you sound like a party pooper but you sound like a bitch do you like amc when did i not like it ever like what i've always always been highly supportive of this movement always always always from the second it got going oh brett way to become the new justin way to become the new greg just ruining the name brett for everyone oh brett brett deleted his account big cat what's an amc that's a good question what is an amc can we see 29 before close we definitely can i mean there's 40 minutes left there's some crazy fomo going on right now potentially fomo potentially gamma potentially short squeezing like it's potentially a little bit of everything it's not a full-on fomo it's not a full-on game it's not a full-on short like if we saw that we would be seeing kind of the gains we saw in june of like last year this is probably in reality if i had to guess it's probably a little bit mixture of just everything it's probably like okay we have some of this going on we have some of that going on like it's just various forms varying forms of buying aggression will smith on brett he's definitely left brett's probably pissed he's like i i hate this i hate this kid what's funny is i say things like that and this is probably more of like my own psychological issues that i need to figure out and then like fast forward a day or a week or month i'm like why do people not why do some people not like me i say that legitimately confused i'm like but what did i do that pissed people off i know we can laugh about it now it's much more painful in real life but or it's it's much more painful when it's playing out in real time but there's a good chance in like a week brett's going to tweet something at me he's going to be like fuck you she'll sell out i hate matt kors or i'll say something stupid he's like where's his nft prove it he's a sellout he's a cheesy cappuccino shallow who doesn't even have an nft where is it and then i'll read that i'll be like why does this breck guy not like me i have such a weird issue with like the cognitive dissonance of like these things i say on stream and then when i sit there i'm like why are people mad at me you can't win them all and i'm not gonna win them all all right 28 and going i mean look at gme jimmy's going 180. 28 28. what a song i think that's gonna be a good melody we could we could work that we could somehow work that all right next stop i mean i had just under 30. like i'm talking like 29 80 29 90 is the next level i've mapped out on amc and i'm still watching for 182 on gme he is saying that you are arrogant pompous me arrogant pompous well i have never what intarnation i have amc calls no i don't i have amc stock gmc gme stock and then uh gme culls no amc calls at this moment in time i do declare i do declare have you seen that video about how to pick up a duck no uh gmc knew it chill sellout confirmed nice one shill confirmed there we go that's going to be in the next like matcours exposed video i'm stoked i found that there's this guy who makes these shorts who's like fully dedicated to hating on me and then i thought about how weird it is that a grown man is making videos about me a 20 year old well almost a 30 year old let's let's not beat around the bush i'm almost an old man as well so let's let's give them a little bit but i don't know i folks i get asked a lot they're like why do you do this like what are you hoping for like what why are you dedicating your time to this and in a moment of honesty i'd like to say to all of you the reason why i get so so excited emotionally and financially about moas the reason why is because as soon as all of these people start charging me rent to live in their head i will be financially ruined in the day if it ever becomes reality for all the heads that i'm currently living rent for him i will be unable to afford that bill unable to afford it i need this money exclusively to be able to pay that rent and that's even if they give me a discount which i doubt they will because they don't like me this is just um this is going to go joe exotic carol baskin it will financially ruin me if we don't get this mo ass rent the the rent i mean it's nice that they let me go and rent free right now but if it if it continues like this it's just i won't be able to swing the bill we'll have to set up a gofundme and everything matt's rent and it'll be embarrassing i'll be like hey guys like i'll have to show that i'll be like there's the gofundme my rent bill please help me out every dollar counts but we'll see we'll see how it goes damn damn red candle amc crashing uh do you need a loan probably neither we'll probably need a loan hey mark do you think we might see an all-time high for amc during the squeeze i hope so i mean this game of like price targets and by this date not only are price targets as i said in my video on friday like a silly thing to have like i just don't the math behind it is not good um so even if we like discount that let's discount price targets now when you're also adding on a time frame i'm here for the ride i'm here for the roller coaster let's ride the trend ride the trend ride the trend that's simple let's keep it simple dude so my calls for amc earlier for a 251 percent gain bought two more and they're both up 100 what is life all boogie congrats man up 630 on 22k mall it's a great day to be hayden crushing it congratulations yellow rockets help my pockets put them up please all right we can do it if you guys asked for it i didn't know you wanted the market to keep going today i thought you were good for the day but if you want it i'm i'm here to play ames equals will smith shorts equals chris rock f that brett he probably has two t's in his name double the trouble much love from the good bretts should i put on my crocs in the moon sport mode off-road uh sport mode sport mode for today and then we'll go off-roading on the moon tomorrow good great question here's another five dollars how much did you make from your gme calls today i am currently up 70.3 percent so we've almost doubled up the bag almost doubled it up but the fun thing for me is i have quite a bit of time the expiration is april 22nd i think did i do this right no april 14th april 14th so i still have time which is dope i had to ask because i'm getting the exact same vibes as last spring um i mean it has the vibes in terms of like people being stoked but remember there's like quite a bit of other things you need to consider like the whole world situation is different the whole macroeconomic situation is different the fact that this has like kind of happened before means that people are going to play differently this time around i like this i don't think it's really an apples to apples comparison to compare january to june to now like they're all kind of distinct events because there's so many unknown other additional variables keyboard warriors equals chris getting rocked started all in amc at 54 average grateful to found your channel knowledge to learn the market hey that's awesome i'm happy you found it too i'm happy that you guys are here history doesn't often repeat but it often rhymes uh 100 agree with that i have your duck shoes on i got from your shop that's awesome i hope you're liking them i hope there's not too many people complimenting you that could distract you from your day uh the spy apparently ripping into clothes oh this is just brutal this is just brutal first 1k options day hey who else in chat right now had their first 1k day ever i feel like that's such like i remember my first one something about that psychologically that was always such a standout of a day first 1k day if you happen to be in that boat like legitimately like congratulations i remember how fun and exciting that was and you're just like so like you're almost jittery just because of how happy you are that like 1k out of the ether first 10k day that's that's so cool i'm so happy for all of you seriously that that's so so amazing pure euphoria the the only thing that's even close to it it's just eating a nice nice crisp handful of cheez-its first 20k oh there's people making some 88k 12k people are crushing it crushing it how does one get into covered calls you sell calls against stock you own you could sell a call per 100 shares you have the spy i mean i'm in spy but in the futures market but i might have to just lock some of this in so i can focus on my stocks oh what a trade what a trade well okay i closed out my futures positions just so i can watch amc and gme and the rest of these equities just rip rip rip rippity rippity rip rip rip yo brother uh bravo on the will power is killing me watching amc run and not having calls i did last june i have shares but i wish i had the calls i'm right there with you uh it's tough i have a little bit of exposure through gme calls like a little bit up to this craziness but i'm just sitting on my stock it's i feel like with my luck the second i like load up on like a crazy amount of calls is like the second it turns so for the rest of everyone i'll just i'll bite the bullet and hey don't feel bad for i'm still faking it on my stocks like these percentage gains are thousands and thousands of dollars for me like of course you always want more like what it could have should have but i'm green is green profit is profit i'm stoked some money for the rocket fuel happy birthday to mate i appreciate that iconosaurus rex what a name what a name what a name what's going on travis who does uh dallas jackman crushing it are we gonna hit my target 182 i have 128 call left expiring next friday thoughts um so it sounds like you had multiple and usually my final one i leave on like a runner because we could just have craziness but it's it's your confidence in the play i mean i have no idea what's gonna happen tomorrow i can lay out i mean i know this is crazy and before when we saw this type of excitement and fomo it kind of got like really really nuts and it wasn't like the train didn't really come off the tracks until they either took away the buy button or we saw started to see an insane amount of halts but that hasn't occurred yet we're just kind of grinding higher and higher previously when we've seen this like uh green just spaghett green what app do i use for options think or swim what is just i mean amc's up 39 percent tmz's uh gme is up 18 wild wild wild communion wafers are also called jesus oh that one's a good one cole i appreciate that do i think it'll run in after hours uh i i actually don't think it matters i care about the movement like during the normal stock day i mean extended hours trading pre or post market it's a lot lower volume i don't like in trading in it because you're not protected by the mbbo the national best bid offer it's fun to watch if it's going up it's hurtful to watch if it's going down but to me i don't really put much of a weight on pre or post market trading why the upswings in price uh feels like a lot of just like kind of fomo which could be leading to a little bit of a gamma ramp which could be leading to some shorts covering um i i would argue it's prob most likely a combination of the three um what are your thoughts on markets taking a dive could amc squeeze due to margin i think there's been a lot of people over the past year year and a half who have been trying to say like whether you need the market to rip whether you need the market to crash something like that i wholeheartedly believe it'll be amc and gme going higher i think i truly believe are going to be better also if the market is going higher there's some people who are like trying to say like hang on we need a market crash and they're inappropriately understanding what the beta correlation is this concept of we need a market crash for these to go i don't buy that i do not buy that i am not hoping for a market crash in a general sense but also particularly if you're looking for amc and gme to go higher i think your odds are hindered if the market crashes what are amc's resistance levels a hair below 30. uh why did will smith slap chris rock with an open hand and not punch him with a closed fist because paper beats rock uh shout out to the true trading group uh speaking of which folks if you don't know about true trading group it's uh awesome education platform but it's far more than that it's a chat room it's like data related to the market lots of cool stuff going on there at ttg they will be streaming at 4 30 4 30 4 30 4 30. uh i'll post a link right when this stream ends but a half hour after the market closes they'll be streaming kind of doing a wrap-up but we have something special going on something actually very very special going on at 6 15 they will be doing a course for all members which you could become a one week member for only three dollars uh once again three dollars and it's really really cool these people who have joined it from the moon gang they're all the biggest thing i hear is like why did i not join it earlier but they're doing a special course the psychology of trading building confidence and overcoming emotion to achieve profitability once again that is going to be at 6 15 et today all you have to do is to attend is be a ttg trial member by signing up for a one-time payment of three dollars seven-day access three dollars it's not one of these things where they auto-charge you or anything like that it's literally just three bucks i can guarantee you're gonna get three dollars worth of value in fact you're gonna get far more than three dollars worth of value honestly this is the best three dollars you ever spend uh there is no auto renew when your trial is over it simply expires and you will you are never charged again i really really like it and here i'll just give you a post the link right here and i will make sure to repost this right when the mark is about to close here i just spammed it in my own chat but in the meantime gme is at that resistance i was calling out 182 uh where did we hit we hit 181.90 so let's see if this can keep going into close amc running into a wall in the mid 28th the mid 28th everything's blowing up right now my phone my notifications everything's just going bonkers everything is just going absolutely haywire wow this is just insane this is so much fun came right up to that resistance how are these doing up 80 now not a bad deal not a bad deal bro if you play to the moon we will break 29 facts all right we could try it if you think that's what the ttg signup doesn't work for ios browser oh i'll try to figure that out i'll get a different link for you but you will also be able to locate it from like their stream today it's going to be on all their like websites and stuff uh but let's see if this song actually helps out let's give it or hang on let's see if we can find a new let's see if we can find some nice background how's this one nope we need something more exciting nope all right a little bit of something something do let's do this also don't forget your cappuccino that's also important do your part help these stocks go higher drinking espresso do your part help out jme yes break that 182 set up set up the run to 200 bbby oh oh this is ridiculous this is ridiculous so wild so insanely wild there we go we're seeing it pop hang on now now i need to see my account where my amc and jimmy's at this has to be ridiculous gained so the account where my amc and jimmy stock is in which you could see on public is up 30 today and that's just stock well that makes sense it's kind of just splitting the two in half that is insane a 30 gain thousands of dollars oh it's so much money it's not real that's not real what's scarier to think is that it could go even higher wow wow folks i'm not gonna lie it's hard it is hard being the world's number one streamer making this much money in a day it's just this is why i've been going to the gym and i just have to i've been doing a lot of lower back exercises just to like see when i take these payouts and money i go pure cash i just i want i do cash 50 50. bags of cash and just gold booleans whenever i cash out it's just a thing i do cash and gold booleans the issue with making this kind of money though is like i i'm not strong some would refer to me as weak so it's d it's tough it is very very tough for me to carry all this just be by the pure weight it's heavy so i've really got to get these legs in this lower back going or like i just i'm trying to push like a cart full of gold booleans and it just doesn't work zin you're right uh could it have a huge gap overnight yes it very much could up 350 on amc options that's disgusting congratulations hey matt what's the equivalent drink to cappuccino if my body can't handle caffeine i need a drink on the moon sangria is always a solid solid alternative it's kind of i do one of two things from noon to midnight i drink sangria and then from midnight to noon the next day i drink cappuccinos it's easy it's just i have two options and it's just dependent on the time of the day it's either cappuccinos or sangria oh i wish i took life seriously too trust me you're not the only ones disappointed in my choices so is my mother eat some peas no way i'm never doing that again i'd eat another hot chip before i eat those peas again we're just ripping into clothes this is just insane bb look at bbby it's up 16 this is just insane wow this is just one of those days that you're you can do nothing besides throw some yellow rockets on your chart and say wow oh hey oh hey that's a lot of money oh hey that's a lot of money hey if you're having an issue signing up for ttg send a message to 201 775-9702-201-775-9702 to get signed up there 29 oh we're literally going off the chart they're gonna they're gonna break my chart that's not cool thoughts on hymc uh i'm not investing in it i don't want to be invested in it and i'm not going to invest in it here we go that's just crazy crazy this rip is just insane absolutely insane man this is bonkers oh i see a lot of people hey shout out to all the new members i see a lot of people hitting that subscribe button i very much appreciate it thank you welcome to the moon gang welcome to the zoo welcome to the zoo on the moon why is this happening uh it's crowd psychology playing out in real time people are getting so jacked up they see it going and then more people are getting in and then that's putting more pressure on the shorts so then they might have to cover and then that's putting pressure on gamma like it's just it's a snowball effect you're you're seeing um almost like a crowd psychology phenomena play out this is not like a fundamental thing it's a crowd psychology thing what did chris rock wake up with today fresh prince oh never too soon 23 calls teeny ducks why is the chart green matt your emoji charting is off the rockets would be above the green flavored crayon that's what they would like you to believe welcome to the channel that saves relationships that's what i'm here for all right next target for gme by the way is i believe 192. yeah 192 is the next target and then we're talking 200 flat 200 flat spy elevator attack all right let's zoom in here this is just crazy get some rockets going let's get this already i'm crying man it's a beautiful day i'm so happy for so many of you this is just so incredibly phenomenal i'm very very happy all right so this is the test level sub 30 is a big level i have on amc and it's just this resistance across the board right here if we keep going i'm then watching 3240 if we can push 30 3240 is my next watch if we can push this level right here but gme is just ripping right now amc is up 46 on the day and then jimmy's up 25 and then bby is up 16. this is just this is just bonkers uh martian xtg i i can't play him because he copyright strikes me i play garillionaires because grillionaires doesn't copyright strike me um brilliant airs loves when i played their music but uh martian xdg tries to copyright strike so i'm unable to play that don't want to get taken down midstream when we have an exciting eight minutes to go the spy is not having a fun end to the day had a strong strong recovery though tesla giving up some of its day's gains uh amazing how the media has been going over amc what's the volume today amc's volume is 212 million which is just insane why are you against getting into hymc um because i don't like gold my i'd rather get direct exposure to gold than not gold mining and it's a really small company it's it was diluted quite a bit it was worth 100 million they diluted it to 200 million so it's a 200 dilution it's just not a favorable setup i think it's more of a flash in the pan scenario if i had extra money i wanted to do in a higher risk thing i would put it right into amc i'm not going to do like a caveat bet in hymc uh lol mainly momentum not even a squeeze yet this to me in my non-financial advice opinion i don't think this is shorts really getting squeezed did some of them yeah i'm not going to say no shorts covered today i think some shorts did cover today did the lion's share of shorts covered today no i don't i really i mean we have a hundred million on shares on loan for 130 with an estimation of 100 million being legitimately short and we traded 200 there's no way half of the volume today was just purely short covering we would have seen a much bigger rip i just don't buy it the and then that's not even factoring in any fomo that's not factoring any of some of the premium sellers having to cover i just the numbers aren't at the level where they could have all just like covered in one day like that but my i have to be very very honest i think we're gonna get to the point where we do squeeze and then people are gonna be like nope it's not it and they're gonna talk people into not locking in their profits even though the shorts did cover and they're just gonna say no it has to go higher and once again this is the issue with price targets do what is appropriate for you but i really really think it's a bad idea to listen to price targets from other people it's one thing to want it to go higher which doesn't matter at all i'm right there with you i want it to go higher but all of a sudden if the shorts are covering and the trend dies well like you can want as much as all you can want as much as you want it's not going to make it go higher sometimes you have to dive into the data and dive into the metrics and not dive into silly price targets that you see on social media i like you could be depending on how you define it you could literally be looking at life-changing money depending on your bet that could be to varying degrees i fully understand that i'm just asking you don't fumble it don't just all of a sudden be like i saw this on social media it has to go to this price no no no you have to have your trading plan i'm begging you i'm begging you begging you begging you don't just arbitrary like do your research do your dd don't just be like it has to go to this value it has to go to this value twitter and reddit are especially very very bad with price targets that are way way way too impractical just math does not add up and then i see on other places where it's just simply too low so like this is why you gotta rely on you you gotta rely on your own plan you gotta rely on your dd your understanding of the situation uh do you think amc will see jamie like prices that's the same thing don't i'm gonna drill it into your minds don't be like it has to go to this price range i'm here for the trend if it keeps trending up and i'm looking for shorts to cover then i'm still in once do not associate it with a price level like that i think that's where in one scenario or another you could seriously mess up seriously seriously mess up if you're looking to maximize your profits that means you're trend following you're watching the trend not only of the price but also of the shorts it's not this idea of could it get to this tranche of prices i think that's a poor way to play the situation what is your estimated price target if it does squeeze this is exactly what i'm saying you should have no estimated price target at all like not even a realm of it uh i will not give a price target i will not give a date because that's not how this works anyone giving a price target anyone giving a date i'm telling you does not know what they're talking about there are simply too many unknown variables you enjoy the ride you get the meat of the move you're not going to top ticket you take the meat of the move and that's what you're here for am i holding till tomorrow yeah 100 i can tell you that just because like i don't think mathematically the shorts could have covered and since i'm riding this out like i'm still following the trend not only of the price action but also of the shorts and the price actions looking strong to me also we have no indication that the shorts have covered so no i'm not getting out i'm not even like close to thinking about that uh you sure have changed your tune no i haven't i've always always told people no price targets no dates stick to your own plan i've not changed my tune on that one second do what's right for you i'm not telling anyone to buy sell or hold you're a grown-up do what's appropriate with your money but i feel strongly if you're attempting to maximize your profits you follow the trend and you don't listen to like dipshit price targets or date call outs on social media all right are we going to get a push in to close i mean i guess we are on gme which is up 25 amc's up 45 this is just absolutely wild what a day what a day the casino is closed what a day what a day amc closed out the day at 29.33 which was a gain of 45 percent jimmy closed out the day at 189.59 which was a gain of 25 what an insane even bbby the reason we're talking about it is now because obviously ryan cohen closed out the day at 26 32 which was a gain of 16.5 what an insane insane day a truly truly insane day um here's the plan i will be making a market wrap-up video we'll be talking about amc gme bby and tesla they all had very important movements today so we'll be making up a wrap-up video i'll be talking about them we'll be going over ortex the data the trends the next levels of resistance that will be out in like an hour hour and a half um so that'll be coming out and then tomorrow i will be doing a full day of streaming or a normal day of streaming and i might do a full day if things are going to continue to go haywire don't forget crypto is also going massively nuts right now so i will there don't forget that we have crypto cores that streams monday to friday at 2 p.m et so make sure you're checking that out especially if you're in ethereum because we have important ethereum's uh ethereum technical developments occurring in probably the next couple weeks next couple months uh truly truly insane stuff but there's a lot a lot going on uh obviously there's no lack of excitement for amc but understand there's a lot to be money to be made in many many things including gme i mean tesla's going nuts bbby the overall market uh even mul ends up four percent like there's just a ton of opportunity there are many many ways to make money and i hope and i hope you're at least learning about it whether you don't have uh an investment or a trade on and those other ones that's like completely fine but i hope that you're at least feeling a little bit more comfortable in what the terminology is the technical analysis side of things of just like your general grounding in the overall market i hope everyone's starting to feel a little bit more comfortable uh will they build out the option chain more i would very very much expect them to it'll just probably take a bit of time if you haven't already sign up for a public account it is far far better far far better than robinhood weeble uh sign up it's pinned to the top of chat the code is public.com coors or you can just put in the code matt you sign up it's free you get free stock as soon as you get rocking with your account so that's just a little extra way to get some extra scratch and you could spend it on whatever you want to spend it on whatever your favorite stonk is so i will be back tomorrow 9 a.m streaming but before that i'll be posting some vod content tonight on both this channel and also on the crypto channel overall i appreciate the good vibes today was an absolutely awesome day shout out to everyone who joined up with the moon gang today shout out to who became a kryptonian today what a fun day what an absurdly awesome fun day i truly appreciate that i was able to enjoy it with all of you uh seriously from the bottom of my heart congratulations to all of you who are doing so so well right now uh what an amazing day well i hope you had an absolutely bea beautiful day i'll catch you in the next video.
It’s happening
Oooga Booga!!!
Oh brother! Thats so cool, only the Gorillanairs soundtrak and the green candles! I'm exited.
Let's go. 11k swing today
What "unknown variables" matt? The DD is based on NUMBERS and FACTS. The entire GME float was shorted and shorts still haven't closed their positions yet.
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cheers Matt! great show
Doga is gonna make me riiiich
Wooohooo