We gon na take on the world we're gon na take on the world. Is the yeah we're gon na take on the world gon na take on the world? Hello, hello, hello. I hope you are having an absolutely fantastic morning evening afternoon night. Whatever time it is for you, even if you believe in that stuff, i hope you're having a great one.

I am absolutely excited to see. What's about to play out man, oh man, we had a crazy day. Yes, the overall markets were green yesterday, but amc stood out with a 45 gain. Jimmy stood out with a 25 gain bed bath and beyond was up with 16.5.

It was just we had so much going on. We have so so much going on and i know a lot of you are absolutely elated, especially if you're in crypto too, because crypto is continuing to run. So i want to get into kind of what's going on with everything we'll take a look at the overall markets, we'll take a look at overall, big, important government and political and that type of news, then i have a update for you about tesla, a particular one For amc, we'll go over some short interests, all that stuff, the metrics that we're going to see in ortex. I want to explain a couple concepts that i'm, i guess getting through various questions in dms, so i figured hey.

Let's just do it and answer for everyone that maybe if one person has that question, i think a lot of people will also have a similar question. Overall, i'm excited calm cool collected. I cannot wait for the bell to go ding any ding, ding ding today and see what another fun day in the zoo possibly brings us. So, let's hop into it all right before we get rocking just so.

You know if you want to see: what's going on in the world of options, flow and also free social sentiment check out what is pinned to the top of chat. I am talking about attendees. It is a free app that you can get on your phone. Just download it right now: it's for ios android will be rolling out, ideally pretty quickly.

Uh was actually just talking with the team, but right now, if you have an ios or if you have an iphone, you can download it free options flow and then, on top of it, you see social sentiment. You can see what's going on with wall street pets. This morning, as of right now, the number one discussing on wall street pets is gme. Number two is the s p 500 and number three is spy and number four is bbby, and because those are the four most discussed things, that's exactly why we have them up.

On the screen, but once again this is all completely free. It's pinned to the top of chat. It's also in the description so give that a download so whoa. What is this breaking news? Robin hood adds four additional hours to extended trading for clients.

Robin hood said tuesday. It now provides trading from 7 am to 8 pm until tuesday, robin hood offered 30 minutes before they opened in two hours. After close, our customers often tell us they're, working or preoccupied during regular market hours, limiting their ability to invest on their own schedule and elevate and react to important market news all right, um. Well, i still feel like people absolutely hate robin hood, so there's always that one anywho we're seeing a little bit of green, the dow, the s p and the nasdaq are up.

One percent point: eight percent point: eight percent oil is coming down. So basically, i got completely wrecked destroyed tarnished on the oil play and it was just. Unfortunately, there is now a massive covid related lockdown in shanghai, which is bringing the oil market down, because it's representing less of a demand and also we're seeing tensions in the whole. I guess ukraine debacle uh they're calming down so right now.

I just don't feel that comfortable about oil going up for those april. So and we were doing this live yesterday, but we ended up cutting those it just like. Wasn't the appropriate time to really be messing around with that? It's just. It broke the wrong way and i was apparently um not able to predict what was going on with that shanghai lockdown, so a bit of a bummer there.

But fortunately we are quickly making all those attendees back on the craziness on amc and jimmy which we will be getting into more detail, but before we get into that there's a couple of things i want to go over european markets climb as ukraine. Russian talks begin stock, 600 up 1.8, not exactly the same but kind of equivalent. This is over in europe, but it's equivalent to like kind of the s p 500, but it's just a general look at the overall market. But the fact that it's up in the european session uh it tells you that there's quite a bit of positive bullish, enthusiasm in the markets and obviously we've been seeing that in the u.s markets as well.

Face-To-Face talks between two sides are set to continue this week. With delegations for both countries traveling to turkey as talks resume tuesday, so we actually just got a new update in terms of like if you're in the u.s, like, if you're working on this time zone, they're actually going to be speaking again this evening. So that was just reported like a half hour ago, data releases in the u.s this week include the job openings and labor turnover survey on tuesday. That's also known as jolts.

This is an important employment. I guess data point that the federal reserve will be looking at that comes out at 10 a.m. So a half hour into the market today there's going to be probably a little bit of burst in the overall volatility of the market because half hour into trading, we get the jolts report and then don't forget this friday. We also get the unemployment report for the month of march, so that's going to be another thing that the federal reserve will be looking at and taking into account when they're making their next rate hike decision.

Adp will also release its private payrolls and data had closely watched monthly reports job this friday. So that's once again we're going to get the unemployment numbers. They are expecting a drop of unemployment, which is a good thing down to 3.7 and they're also expecting a jobs creation. Around 460 thousand putin was handed a note from zielinski seeking peace by roman, but replied tell him i will thrash them uh.

I probably should have done it in like my best attempt at a russian accent, but i'm just not that good at it. So the former owner of chelsea fc gave putin a note from zielinski outlining how the war could end. But putin reacted to the handwritten note by saying tell him i will thrash them uh he. This is an oligarch who was yesterday.

We saw some reports about like some of the negotiators and and him showing some signs of getting poisoned, which was absolutely crazy. They've been taking he's been taking part in the peace talks. Those talks have made little progress, thus far they're. I guess relative to when we've seen these other talks, it does seem like they are making a bit of headway now.

Does that mean they're actually close to a resolution? I don't know surprisingly, this might shock you, but i'm not invited to those talks. For whatever reason, i guess it's just above my pay grade, but no, i am not invited to those talks and i guess they're they're attempting to make mon some like some of the reports that was just coming out before the market opened it we're seeing some positivity And we're hoping that maybe this evening sucks, we get some headway uh. For example, one piece of positivity uh, the russian negotiators were saying: we have no issue with ukraine joining joining the european union. Now remember they wanted to become a part of nato.

That's probably not going to happen, but some things like that, it i don't know, maybe it's a little bit of a silver lining scenario, maybe i'm being a little bit too optimistic, but the market is clearly pricing in that. Like hang on, things are definitely improving. U.S stocks edge higher as oil prices come down and bond yields waiver. So overall i mean we don't even really need to go through this.

You could just see what's been going on in the market right here, look at the s, p. 500. Ever since march 15th, we are ripping and right now we are gapping up um, so we ever since then the overall stock market, the u.s stock market, ran 8.6 and right now in pre-market, we're up. If you count that we're also up 11, and not only that we have a huge breakout right now, look at this this high of roughly what is this 458 458 from february, 9th and february 2nd.

If we can break above that and hold i mean, my next watch is actually 470 472. Something like that. The only thing i want to point out, especially for my active day, traders, this gap up. That means we have a downside, gap-fill opportunity, so be careful about that, especially when the rsi is getting a little bit overextended, especially if you drop your time frame to like the two hour, the four-hour we have a lot of this overbought scenario, um, i'm seeing quite A bit of enthusiasm in the pre-market - and i think in the middle term, medium term.

If we were really going to consider seasonally what happens with april, it would make me bullish, but in the very very short term i mean i think we could easily keep pushing. I just wanted to remind everyone that hang on, we do have a downside gap fill to 455 91, so pretty much 456., so just wanted to quickly bring that to everyone's attention. But overall things are looking pretty good right now. The stock market is ripping, the crypto market is ripping.

Obviously, a lot of individual equities are ripping, and then some of these safe haven options were not really safe. Him gold is kind of doing its thing, but really what people are liking is the fact that oil is coming back down market bull, tony dwyer says: fears of a recession driven by bond yields are overdone, so we were talking about this in a bit more detail Of the two and the ten have not inverted, the two-year yield the 10-year yield, but they were getting pretty pretty close now. Both are ripping because of what's going on in the fed. But it's the issue of okay is the two going to outpace the 10 and actually pass it recently.

We actually saw the five-year passing the 30-year, so we had some weird inversion there, but not many people like people pay attention to it, but really they're watching the two and the ten, and whenever this has happened historically, there's never been a point of an inversion within The next 18 months of not having a recession. Well, if you believe tony here a little bit of too much fear-mongering for what he likes recession, fears driven by inversion in the bond yield curve might be overblown uh. The conocord strategists said steepening. Another part of the u.s treasury is a positive sign.

Dwyer acknowledged that fixed income market is reflecting economic challenges, but not enough to trigger a recession. So when we do this, i think it's very, very important. You got ta cover all sides of the story. You got ta look at what the bulls are saying.

You got ta, look at what the bears are saying and you got ta look at what the people in the middle are saying. So i don't think it's appropriate to always like say, hang on like only point out people who are calling for doom and gloom and like fear-mongering and then on the other side. We can't like it's not appropriate to be always like 100 bullish all the time. So i think you got to take in the healthy doses of both sides and then really find the particular narrative that resonates most with you.

So that's a quick look at the overall market. I wanted to talk about. Tesla tesla adds 84 billion to valuation on stock split signal. So once again, they have not actually confirmed that they're going to do this because they need the shareholders to approve more shares.

So they can do this. I think that they're going to because they're, if you believe or if you're reading, what's going on here, they want to do the stock split, so they can actually start offering their stockholders a dividend payment. So i feel like they're, all gon na be like well yeah. If you're gon na give us a dividend payment - and we also know that the stock reacts favorably to stock splits because they did it back in 2020 and it ran from the moment of the announcement all the way up to the stock split.

So i think it will go through, but just so you know it's not a done deal, but what's crazy about this in one day it added 84 billion to its market cap, the overall value of tesla. That means that it added like ford ford, the automotive maker, like the complete value of ford tesla added in one day to its market cap, on the fact that elon's, hey, like the shareholders, should allow us to do this because we want to do a stock split And get everyone excited and we're going to start offering a dividend, and they even had some commentary that like well, not the most like hardcore thing but he's like yeah like i would consider opening my own social media as like he's been in his own little private War there against twitter um, so i wanted to clear that up about tesla i, like tesla, you guys know i still have, in my long term account but uh. This is just some crazy, crazy action uh excited to see what else happens today: amc entertainment sourced 40. After its ceo plans, more strategic deals to capitalize on interest from retail investors.

Amc entertainment soared 40 on monday helping revitalize a strong rally in meme socks. The surgeon amc came after its ceo gave interviews indicating his ambition to make more strategic deals like it did with highcroft mining highcroft served more than 50 on monday. After said, it raised 139 million in cash by selling stocks to investors. So with this deal i mean highcroft.

If you look at its percentage gain yesterday impressive and it's up a lot in pre-market right now to me, it's actually very, very surprising because it did a capital raise more than the value of the company before, like it did more than a 100 dilution and the Fact that it's ripping right now, congratulations if you're in it! Now i want to make it very, very clear i own no highcroft. I have no stock, no options. I have no skin in the game in that particular fight with this craziness. I 100 think it can keep trending.

I don't think this is going to hold, though just because of the degree of the delusion. So what i'm saying is: don't get greedy with it in the market bulls and bears eat, but pigs get slaughtered, do not get too greedy with that play ride the trend ride the trend ride the trend, if you think that if really the chart is showing that The trend is ending and if you think that the trends ending, probably a good time to lock it in hymc to me, is not something i would be that interested in for a long term. Investment just to be very, very clear. Now, speaking of amc short interest.

Already increasing this morning, they already borrowed 616 000 shares against it short interest of 21 costs to borrow finally going up a little bit now we're up to 3.5 on average utilization's still 100, and then the shares on loan are 140 million. With an estimation of 108. Actually being short in terms of gme, we have a short interest just below 25, a cost to borrow of 25 with a max of 32. same thing, utilization maxed out ever since february, 8th and then shares on loan of 22.7 million.

With an estimation of 15.5 million. Actually being short, but we are gon na, get a bit more detail on the newest numbers all right in about a week and a half roughly now before we get into the amc and gme chart breakdown. I just want to remind you on the spy i mean if we hold 458. I think it sets up a test of 470 but be careful with the downside gap fill and you can just generically apply that to the queues as well in the queues.

I'm looking for a break of 370 and in the small cap sector, looking for a break of 209. in terms of amc, which is having a very good day yesterday of 45 right now, it's up 2.45 in pre-market we're battling in pre-market about at that 30 level. I would in no way be surprised if we, i would actually prefer to see the gaps fill to the downside, yesterday's high of 29.73. I would very much want to see that actually just get filled right out of the gate, so we don't have to worry about that in the future.

If we can break above this level, 30, you just see some support some some resistance. This is the main level. I'm watching and then after that, i'm watching 32 25 followed by 34.. Obviously we have some support in the high 29s and then the next support is down at 27.

in terms of gme, which is pretty much break even in pre-market trading. Right now we're obviously looking for the break of 192.. We have the key psychological level of 200.. I think the mega breakout on gme comes at 225 at 2 25.

I just don't see what stops it all the way getting back up to 300. uh. I think. There's a crazy, crazy opportunity going on right now with amc and jimmy.

That means still you're still dealing in the markets. You're still dealing in a high risk, high reward type of environment only bet the money that you're willing to lose. Do i personally think you're going to lose all of it? No, but this is a high risk. High reward thing remember: nothing is guaranteed.

Obviously i'm not a financial advisor, so nothing i say should ever be taken as a buy, a sell or a hold signal i'll. Let you know what i'm doing i'll, let you know my opinions, but at the end of the day, you're betting, your money. Let's make that explicitly clear. You should be first worried about your financial situation and your family side financial situation and do what is best for you, your account side, your personality, where you're at in your life, you shouldn't just arbitrarily, be following other people on social media.

Yes, i am in amc and jamie stock, and i also right now have some gme calls very, very small amount. I've just been kind of riding the stock higher and higher and higher. I'm really looking for a period of key consolidation uh and at that point maybe we'll double triple quadruple down and see what's going on there, but there is some craziness going on in the markets. Uh, i'm very excited to see how this goes out, but i i don't want to see.

I mean if we see a gap in amc. I think it's going to get quickly filled. Whatever this gap is, the high is 29.73 okay, yeah, that's only 20 cents away. I don't think there's gon na be a gap from really many like trades into the day.

It'll probably get taken care of within the first like minute or two um market, very, very strong, the overall market 460.. I think this could keep going this right here. The explosion in amc and jimmy once again, i think, should be there's a couple things. We need to clear up, um that i was seeing yesterday.

People were talking about. We need the market to crash for amc and gme to do well. I wholeheartedly disagree with that. I think people who are pushing that don't fully understand what beta means they're like, but it has a negative beta value.

Well, just look at the time frame. If you change your time frame, it could have a positive beta value and also i don't think that there's much lock step correlation with amc and jimmy and the overall market, so i just don't like using beta anyway in this particular circumstance. But overall i just want to make it clear that there are some people who are like hey, no, it has to crash for this to happen. I really don't believe that another thing that i think was a confusing point is there is some confusion around some terminology.

In terms of shorts, covering in terms of shorts, closing and in terms of shorts buying, those are all synonymous if a short is buying stock that they're doing that to close their position. It's also known as covering those three things that piece of terminology they're all the exact same thing: they're literally different words that mean 100 exactly the same thing, a short covering is a short closing, is a short buying stock. To like do the second half of their initial trade, remember when a short creates a position they create it by selling stock, and then they get out of the position by buying it back, which is also referred to, as closing, which is also referred to as cl. Like covering they're all the exact same thing, it's literally three different words that mean the exact same thing i think there was.

I was reading this last night um, even in some of my youtube comments that people were saying um like well hang on, they could buy, but that's not covering it. Like that type of confusion, i want to make it explicitly clear. They're the exact same thing. It's just a different word.

That means literally there's no differentiation in that and you could use whatever one you want um. Overall, i want to give you back a little bit more time today, just because i'm sure there's going to be some questions uh just so. You know the overall market still has a short interest of 17.6, the nasdaq the tech heavy sector has an interest of 13.5 and then the small cap sector it's up a little bit, but generally it's been trending down. It was at 40 and now it's at 34..

So still heavily shorted, but i just wanted to give you the short interest for the overall market, and i also want to quickly talk about bbby, just because it's also been ripping it's its association with ryan cohen and hence, obviously gamestop. This one has a short interest of 18.8 percent, still a pretty low cost to borrow, but this one makes more sense because the utilization is only 49. The shares on loan are 25 mil um alan amc, 100k uh that it's silly to have price targets. I made a whole video on that having price targets of like hey, it has to hit this hundred dollar value.

This thousand dollar value, this hundred thousand dollar value um having those types of price targets like they're fun, and it's something that's hashtag-able and memeable, but to think that that's a good way to like maximize your profits and all of this craziness, that's a very silly way To do it, um having any price target or really time frame and because you shouldn't have a time frame that makes options more difficult, um, but price targets and time frames. It's it's going to be a loser's game to engage in that uh for a 20 calls thoughts, not enough capital, but buy shares, make sense to roll these to a later date if amc hasn't squeezed. Yet from my price target i mean, if you have the money to buy those calls, you should be able to buy stock because remember you could also buy fractional shares like you, don't have to buy a full share. I mean it's up to you.

If you want to engage in options, it's just a higher risk, higher reward way to play the market, but i would suggest only doing it if you understand options, i don't think amc and jimi is a good case study to get your toes wet with options. Remember options are they based on the price of the underlying asset as in the stock? Yes, but they're, also based on the time until expiration and they're, also based on the volatility of the stock. Those are all very important in pricing, the premium of an option and, if you're not too familiar with how theta works, how delta works, how gamma works? How vega works all that stuff? How that works? It's going to be difficult, like you're, really going like right into the fire with that, if you're trying to learn all that with the craziness of amc and gme tesla is doing a split by way of stock dividend, not planning for issuance of a cash dividend package, But once again sean this, none of that is approved. Yet that's what they're going to ask their shareholders to vote upon um.

I mean i've been following that now, just since it came out yesterday, especially since i owned tesla in my long-term account um. That's why they're asking for additional stock? They want to do that dividend which is going to get people excited and then also they want to do a stock split, but they are asking for shareholder approval to be able to pull it off. It's not a done deal. Quite yet, i do think it will be a done deal and, let's say, like 90, i feel like 90 10 chance of this working, like, i think, there's a 90 chance of this going through, because i don't know why the shareholders wouldn't want to vote.

Yes on this, so i'm feeling pretty confident about it. Uh some people are talking about prague early this morning. I know they had earnings which they missed on earnings. They miss on their eps, but they beat on revenue, uh, hymc how's, that one doing it was up.

Oh, i saw a little bit earlier, but it's up still 24 in pre-market once again on hymc. I think this will do well. It's been doing well, it's kind of hard to argue that it hasn't been doing well, but wherever this goes, i feel absurdly confident that it will not stay there. This is not a play where you're just gon na, like i don't want to be a long-term investor.

In hymc um there's various things going on with the company's fundamentals that i just i don't see it as a long-term play. Is it potentially a very lucrative short-term trade? I mean look at the gains yesterday. It gained 81 and in pre-market it's up 21, so yeah. This in the short term could make you a lot a lot of money but um when we're talking about various things.

I think it's important to like understand like the time frames that we're kind of paying attention to them. For can i check bbig uh? It is up 2.7, it's just been flatlining. Ever since march 21st, um bbig, like that's another one, that i really don't like long term um. One of its interesting holdings was to me kryptide, and it's actually gon na spin kryptide off as its own company and like they own low motif, which is trying to be a competitor to tick tock.

But i don't really see the user growth there like there's still like people are obviously biased towards tick tock. I i just say i'm not the biggest fan of bbig and, if you're looking at it, for something that retails going to get behind, i think it's going to get be very, very difficult to get retail away from paying attention to amc, gme, bbby muln. I feel, like retail, is more interested in those particular places than bbig all right, amc holding above 30. Once again, let me just quickly show you these 32 25-ish is my first watch and then basically 34 and then gme is currently uh slightly red in pre-market but less than a dollar and that's for a hundred and ninety dollar stock.

What do you make of sndl? I take i like tilray, better um and they are doing the. I guess house is voting on the legalization of marinara. Tomorrow, that's happening tomorrow. It was supposed to happen yesterday.

It got delayed. Now it's happening tomorrow. Uh can i do a look at workhorse? Workhorse has been kind of nothing ever since it didn't get the usps contract yeah. This is just getting absolutely obliterated, uh, maybe if it gets trending, but i mean ever since february of 2021.

All this thing is done is trended and that's painful for me to say, because i have some of this in my long-term account. I was involved with it back in here when there was a lot of suspicion that it would be getting the usps contract, and then you could tell the day it didn't. It just got destroyed and then it went down and made a little bit of a fight back and then it quadruple topped in like the mid-18s and then from there. Just i don't know i'm just right now the bears are running the party.

I don't see any bullish momentum in it all right, all right, all right all right good morning, good morning, good morning, all right, we are a couple minutes out uh as we're getting rocking on the day. If you haven't already, i would be much appreciative if you guys could all annihilate that, like button, it would be great by the bell goes ding any ding, ding ding. If let's set the goal at 2k likes because we're already halfway there pretty much. So if you haven't already, it's obviously completely free and it just helps me out.

The algorithm gets this stream promoted to other people who might be interested in the good old stonk market. Maybe we can convert a couple more people to join the ape party and obviously, if you want to join up with the moon gang, all you have to do is hit the subscribe button. You can find us on youtube. You can find us on twitch.

You can find us on rumble all that stuff 100 free and it just helps out with the engagement. I appreciate you, i slapped it like. Will smith love the fresh prince shirt, yeah? Well, moon gang rep, a little miami, a reppin, i'm feeling good. Today, you know things always tend to go well when we bust out the new shirts.

So it's just the steps i'm willing to take for all of you if it's always new shirts, that we need to keep these things rocking i'll. Do it camh. I appreciate the six months amc rocket. Second, thickest, tesla trader s, chat, steal people's funny and take it from gme and amc.

Well, wait i just set one. Can i get that back? Oh man we're getting rocking. We are about two minutes out two minutes out. People are joining in hey and remember this.

Opening bell is brought to you by attendees. Tendes is an app you can download onto your iphone. It's an ios download for free. You get free options flow.

You get the social sentiment. You get. The most recent write-ups on wall street bets uh, it's really fun. Actually, i want to see what's trending right now before the bell goes: ding ding, ding, ding ding, see if anything's changed this morning.

Some of these write-ups on wall street bets. They just make me laugh for hours all right. What's trending today, jamie's number one spies number. Two amc's number three wishes: number four tesla's number five and spotify is number six and in terms of crypto btc is one east is two doges three cartons.

Four solana is five and obviously the options market's not open yet so we don't have the options flow. Quite yet, but we will soon we will we will. We will uh crude below 100 oil coming down. We have some investor place, trying to crap on gme, as if anyone cares jp morgan, we got some filings there.

Uh miami must be the place to be in 2022, f1 is doing a race there this year, uh yeah. I think it's happening in the first week of may right, you're, the man man, thanks for all you doing the good advice and entertaining content. I know you're, referring to my relationship advice, shout out cam rockets on the chart to start why wait um! Well, you have to remember it's a tuesday. Not not.

All days are built the same for emoji training. I know there's still a lot to learn about it, but the hedges might have gotten used to the rockets yesterday, so we might have to switch it up. You have to really feel it out and see how things are going to go for the day. Once you find it it's just because it works one day doesn't necessarily mean it's going to work the next day, ding ding ding, the casino is open.

We got to be agile, like a cat like a cat, tesla or 1100. The tar level i was targeting was 1115 um, so maybe about five more bucks, we'll see. If that's going to go, uh gme down by a dollar uh. Did we already get the gap? Fill okay, yeah amc, already gap film, which i like.

So that means we no longer have to worry about that. But let's see what's going to get going today, uh remember it's easy. First, 15 minutes: let's sit on our hands, see how things like really start to play out: calm cool collected, very, very important um and as we're waiting for the first 10, 20 30 minutes to really get going to see if we can identify any tradable trends. Uh, let your questions fire, let the questions fire uh welcome to wendy's.

Can i take your order? Ah shit here we go. What else do we have? I got shares i can hold. The market is still hairy, uv xy, getting messed up. Yeah i mean the market's.

So strong all right, well, amc, already gap filled and the watch was exactly right here. Let's we could just mark it out. 32.25 is the first watch. This is my first level of resistance that i particularly care about, give or take eighty dollars.

That's the trick. Whenever you're doing live, ta just give yourself a wide region and you're never gon na be wrong like he. He did call out 32 25, but he did say plus or minus 80 dollars. So, like really, no matter where it goes like, i'm gon na be right on that first level of resistance and then i'll move it i'll be like all right.

Next one is this plus or minus eighty dollars? That's the trick for any of you who are aspiring stock market streamers stock market commentators market. I guess video makers whatever it is just give yourself a wild wildly big range matt prague is getting crushed. Uh must have not done well in its earnings uh and, like i said so, we got some questions about prague yesterday, but i'm i'm like i'm in it long term, so one individual earnings. It doesn't really matter much to me.

When are you getting a gap daddy tattoo? I should get a big one just like on. We were the millers like that kid, like the no regrets, i'll just get like gap daddy, oh brother, oh brother, oh brother or brother stuff is gon na get bonkers bonkers. Bonkers bonkers td: let's see how this is going. Oh, to give you a quick update on my gme call up 165, which is just wild uh, almost too crazy, too crazy, too crazy.

I like it, i like it. I like it. I, like the party having a good old time, all right amc coming right up to that 32 25. Would we hit so far? 32 16 uh strength out of the gate, let's see if it can hold whoop pop all right amc if you can hold 32 25.

The next thing i'm watching is 34. 34 is the next level. 34 is actually pretty important and then, after 34, maybe a little bit of a hiccup at 37.50, but i'm gon na say it. I'm actually going to be watching 40.

Next, that's actually crazy. That's actually bonkers, so we're watching 34.. Let me just mark these out. It's moving so quickly.

Today, 34, followed by 37 50, followed by 40 right there. That's what i'm watching bada bing bada boom um gme. Obviously you have to watch the key psychological level at 200 and then i'm watching about 212-ish yeah, two eleven fifty and then really 225. jimmy above, like i don't think i can articulate how insane things could go and then the equivalent level for that on amc would Be above 45.

uh, so jimmy is like a mega breakout at 225 and then aim sees a mega breakout at 45. From a technical perspective, i think things could just get nuts uh is hymc still going today. It is it's up. 33 um, i'm obviously long on amc and gme, and i have no hymc position all right so that second resistance that we mapped out for amc.

The first test was a no-go got actually smacked pretty hard. How much volume have we already traded? Amc has traded 27 million and gme has traded two million in the first four and a half minutes. First, five minutes: that's crazy! All right! Let's see if this is going to hold hymc's. Looking strong, the market pushed to 461.

how's the futures market, looking showing some strength, okay, good, good, good, good, good, good, calm, cool, collected name of the game today will smith must be at 34.. Do i think the spy will gap down? I think it will gap-fill to the downside. I don't necessarily think it'll gap down unless there's like a bad announcement in the overnight session people in chat. Let's go for 4k likes.

I appreciate that adrian always nice to set those goals. Whoa world: it's been a hot minute since we've had concurrent viewers over 10k and what are we at right now? Rats? What are we at? Let me do some math yeah we're over 10k. I appreciate all of you. It's been a hot minute since we've been over 10k and then yet here we are here.

We are hello, everyone that left and now is here uh shout out joe where's, my or text link it's in the description of the video or it should be or text or text or text. It should be in the description it could be somewhere. Actually, i'm not even seeing it where is it all right, so we ran right up to resistance at 34. tesla pretty much tagged 200.

What was the high 199.41 uh so now, even hymc is getting a little bit slapped. Is this going to be our consolidation day? Is this going to be the day that they're, like all right things, have gotten a bit hot and remember, depending on the time frame, you are like. The technicals are very, very hot right now i mean this is the two hour chart for amc like it we're just clearly in the overbought territory and we have been basically since march 22nd. We got a halt, a downside halt.

Well, that's crazy, remember! This is how this is referred to as a circuit breaker halt. This is what a circuit breaker haul means. It means if you move up or down a certain percentage in too short of a time. Typically it's about 10 within, like five minutes, so you could see.

We went from 34 to 29, that's in excess of 10, and we saw that now, obviously in three minutes, because these are one minute bars so we're on a circuit, breaker hall uh we're now seeing that on gme as well yeah circuit breaker halt. This is not decided by a person; these are just algorithms, you see, circuit breaker holds to the upside. You see circuit breaker, halts to the downside. It makes me a little bit.

Someone said it's sus, it's not suss in any way. It's literally. These are well-defined rules that are always live and if you just move a certain percentage up or down in a certain period of time, you get halted. This is not sus, it's actually kind of interesting, because when the halt is done now there are going to be thousands and thousands of people who have alerts on their computer for any equities that are halted so right now there are thousands of people who just got Alerts that amc and jimmy were halted and they're gon na wait for the halt to unhaul, and it's gon na put more eyeballs on these charts.

Now, if these eyeballs belong to bulls, that's a good thing. If these eyeballs belong to bears not such a good thing uh, i we have seen halts with amc and jimmy where it unhalted and it was a big bullish, push because a lot of people got excited and we've also seen ones where actually it sold off, and It got hit pretty hard, so it's the flip of a coin of how this is going to react when we open and there's actually a good shot, especially with amc and gme that as soon as it unhauls not much after we see another hull uh, they do Halts to try to calm the market down, but i feel like at first. It actually has the inverse effect of making volatility even higher, and then we see end up seeing another halt. So i really really wouldn't be surprised if, like as soon as these unhaul, if it's just halted straight up again, uh gme ended up moving 8.5 or 8.4 just high volatility, and actually we should be able to see this if we do and benzing worse signals signal Singles and uh what's interesting about the halts of like the percentage movement they actually allow for a wider move in the market, open and market close and the midday.

Those tranches are actually a little bit closer of like what will trigger it. It's not the same percentage throughout the entire day and then also the overall market. Things like the spy that actually runs on a different set of rules for circuit breaker halts. So it's not like one thing that you can memorize and apply to all of it.

Signals uh halts, resumes and then let's do some filters, add a filter, securities and, let's add amc, let's add gme right there oops that didn't work hang out. Let me put amc uh, so right here halted at 9, 30, 7, 57 and then 10 seconds later. Amc was halted, so actually jimmy was halted first today and we're gon na get the opening soon it'll be open in a couple minutes. Actually, let's get going.

Why didn't we see halt because it didn't move uh that much in short enough time period? If you want to know like just cert quickly, google, like a circuit, breaker hall and you'll, realize what happened. But we just didn't get um a big enough percentage, move in a quick enough time to trigger a halt and if, if you're new to this, this might be a crazy thing. But if you've been watching this now, basically over the past excess of a year, uh we've been through this so many times. This is now kind of becoming commonplace.

All right, we are back open. It was a five minute halt and amc should be opening. Hang on. There we go.

I was going to say it was a 10 second difference there. We go we're back open and we're seeing a little bit of red such crazy volatility. All right, how's tesla, doing coming down. Prague is getting really beat up.

How's the small cap sector. Small cap sector is doing well. This is kind of interesting. So yesterday, obviously amc ran a lot and the small cap sector got beat up, but now the small cap sector is bouncing back uh.

After a rough day. Yesterday, d-wack trading at 70 apple, looking like it wants to go back up to 180, which is meaning it should almost be at a three trillion dollar valuation uh, getting close, getting very, very close corsair trading at 22, microsoft, 312.. So a lot of things out of the gate as we're cycling through some of these charts a little bit of a pop. But then selling off is like the general theme, we're seeing on a lot of different equities this morning.

So, a little bit of morning, bearishness kind of all in line with the overall market is there anything that's really doing it's best to like buck that trend. Mvis is looking good uh, i'm not in that, but that's up four percent on the day interesting s, bucks starbucks is up. People buying their coffee, starbucks is having a good day. So anyone in that one, what a free market we have, what a joke uh just to clarify, there's nothing, insidious about halts.

It's just they're, not like manipulative, i think, they're silly. I think they actually do the opposite of what they're intended to do. I think it ends up bringing more volatility to those equities um, but it happens in both directions. It would be messed up.

If it only happened in the up direction, it would be messed up if it only happened in the down direction, but it's i guess it's equally applied to both the upside and the downside. So it's just like more of a silly rule. I think wait. Are we halted? We were halted, but now they're actively training, hey matt.

This is what is confusing me if amc is at 100 utilization how's, all this buying happening. Hedge funds know this. So what are they selling um? This is a good question and i'm quite i'm curious to the rest of you here. Um.

Is this a question on a lot of your minds like how are people still buying if the utilization is 100? I'm not gon na lie if a lot of people say yes, it's gon na break my heart because it just means that i haven't been describing it properly, but i will okay, i'm seeing a lot of yeses, so you are actively breaking my heart. So let me think of another way to explain this utilization actually has nothing to do with you being able to buy or sell at all. Utilization only is talking about shorts. Remember what utilization is utilization is the amount of shares on loan to go short divided by the total loans shares that could go on loan.

So basically, let's say you're a short and let's say there are nine shares that are out on loan and there's. The entire pool that can currently go out on loan is ten, so it's nine divided by ten. Ninety percent utilization is only only telling you about how many more shares can go on loan and right now. That's what people have been pointing out on amc and gme is the utilization is 100, so at least that snapshot from when that number's from which is, if you're looking at ortex it's when the market closes at the end of the day, it doesn't update, live throughout The day, but at the end of the day it's saying all the shares that can go out on loan are out on loan um.

So really it has no impact on you being able to buy shares. If you want to buy shares, someone just has to be willing to sell you shares. So if someone is willing to sell amc right now at 29.62, you could buy it at 29.62. That's just a seller and a buyer agreeing on a certain amount of shares at a certain specified price, um utilization doesn't come over with the like.

All shares are owned like so. Your question is like well, how can we buy if we're at utilization of 100, but remember all shares are already owned? Um, it's not like. There is a magic pool of shares somewhere else, like all shares currently have ownership, and for that to switch, someone has to buy it off an owner, and then you become the owner type of a deal. There is 100 ownership 100 of the time um.

So all shares are accounted for. It's just like it's like who currently owns the shares, and it's just swapping like money, goes in one direction and shares going the other direction. Um. Did i clear that up for everyone about this confusion about the 100 type of a thing um, if not i'll, try to explain it again but like did i like connect any dots for all of you, um utilization, it's literally just the amount of shares on loan.

Divided by total loanable shares, so it only matters if you're a short uh to someone who wants to buy stock. You just have to buy from someone who's willing to sell it to you all right, sweet. These are great questions seriously. Fantastic questions.

If you have more, let them fire, let them fire. Can you explain it like i'm a golden retriever park squirrel? Oh man, why is matt calling me short, but why male models? The apes will prevail power to the people, shout out atomic no dots connected but appreciate how do exercising options work. It means when you're literally following through on the contract, so both call and puts are types of options they're, like financial contracts that you can exercise which means following through on it. So remember what a call is a call is your right to buy a certain equity or etf, i suppose at a specified price, i.e the strike price up to and including the expiration date.

So whatever that date is it's saying per contract for a call option? You can buy a hundred shares of the underlying product for whatever the strike price is 100 per contract. You exercising it means you're gon na actually do it so, like let's say you have an amc call, let's say last week: you're like hey, i'm feeling good about amc and i'm gon na buy some calls and you bought. 20 dollar calls like that's the strike price and they expire this week. Well, that means, if you exercise them, someone has to give you aimc like a hundred shares per contract at the strike price.

If you exercise it you're not dealing with the price of the market. You're dealing with the price of the strike, so you would get all that amc at a cost basis of 20 instead of whatever the market's currently at um trading 212 suspended amc, it wasn't brokerages that suspended it. Trading 212, didn't robin hood, didn't weeble, didn't and for me to say robin hood and weeble didn't do something for as much as i absolutely abhorred them. This is just the truth.

They don't make the decision. It's the bro, the brokerages don't make the decision. It's the actual market that does circuit breaker, halts trading, 212, didn't decide, etoro didn't decide public didn't decide. None of those individually decided it's not a brokerage thing.

It's still suspended on 212.. Well, if it's still suspended, that's messed up, yeah! No, that's that's! Actually messed up, are you getting higher views this week due to amc or gme um? I just always play it from level to level um. I wouldn't mind some consolidation, because i think that's will make the overall run more sustainable if we just keep ripping and ripping and ripping. Yes, it's exciting, but i think eventually that lowers the overall like ceiling price that we could go to.

I would rather a little bit of rip consolidation a little bit of a rip consolidation. That's a healthier way for this movement to be sustained yeah. If training 212 is still suspended, then that's actually like something else is going on. They're saying wait: i'm getting reports that the whole 212 app is frozen need help understanding my understanding utilization explain it like i'm a part, duck golden retriever owned by a welsh farmer enjoying the devil's lettuce man.

I can act, but i don't know if i can act that well. You're part duck golden retriever owned by a welsh farmer enjoying the devil's lettuce, so wait like so, okay, i'm speaking to you and we'll say in this scenario that your owner is also there. So, like i'm talking to a part, doug golden retriever and the owner who's, a walsh, welsh farmer who is currently high. That's that's quite this.

The test there but 10 september calls for tillery at open. What do you think with all the rumors? I mean it's going to we're going to like find out the result. Tomorrow is the vote for the house, but also once it passes the house and has to go to the senate and then from the senate. Then it has to go to the president.

Do i have amc shares i've literally never heard of it. What is amc? Wait? Have you guys heard of amc? Isn't that, like a movie theater or something amc, do i have amc shirts? I didn't. I didn't like that company. The movie theater company is that what you're talking about i i didn't even know that was publicly traded huh.

I should look into it. What are you what's the ticker symbol, amc movie, theater amc movie, theater stock um year to date. It's currently it's trading at like around 30. um.

Is there any news on it? Investors.Amc yeah? No, you can trade, it um, it's trading around 29 right now, one day i don't really know. What's i don't know, what's the news on it, amc, stock, amc and gamestop are red hot again, it's march madness for meme stocks, exclusive amc, ceo says more meme stock power deals are coming stocks, making the biggest moves today, tesla coinbase amc beyond meet uh. Why amc stock is rocketing higher? I don't know it seems like there's a lot of excitement in it recently. Um hang on.

Let me see what else is going on. Are they talking about it on twitter uh? Let me just search amc uh latest uh. Let's look at the top um highcroft mining, both amc and jamie halted due to volatility. I guess they were halted this morning.

Halton yeah halted yeah. I guess it was halted this morning, but that makes sense we're seeing some news that it was uh. People are getting more excited about it yeah. I guess the excitement that we're seeing from some of those news stories, i don't know, might be something worthwhile to look into if i had to just like guess, i'm thinking that a lot of people may be like.

Okay, like no one, went to the movie theater during the pandemic, so it might be like a recovery play. If i just had a guess: happy: freaking, tuesday matt. Could you take a look at v change, chart and see what technicals are telling you thanks for all your help, you rock v chain yeah, just you know, crypto is still looking beautiful. I mean ethereum borderline brings a a tear to my eye v chain v chain.

V chain v chain: uh: it's been moving lately, rsi a little bit hot in the short term, but obviously you're. Looking for this break above well, that's kind of interesting, i would say it was more at 75-ish cents, but it ran up to 80.. I guess i'm looking for i would look for it to hold over, excuse me, 7.5 and then from there kind of battling out in the region right around 10 cents, but i'm seeing some strength. I don't know if i would chase on this because that's been quite the run, i mean we've gone, how much percent 66 so it might need a little bit of a breather, but overall the crypto market is repping quite a bit of strength, quite a bit of Strength, yo matt you jumped on apecoin at all i bought in terms of my crypto portfolio.

I did buy some, but it's a like a very, very small percentage uh, but hey i'm. Actually i last i checked. I was up on it a little bit. A coin coin: usd yeah: my average is like the mid 13s, the higher 13.

So as long as it's above 14, i know at least i'm in the green. It did hit 1550 yesterday, but just so you know, apecoin actually has no connection with um like the stock market apes. It doesn't have a connection with amc. It doesn't have a connection with gme apecoin is from the board api club, like one of the most successful.

Like nft projects and communities uh to date, so it's actually related to them. Can i confirm the high cost to borrow on amc? It's not that high yeah average is 3.43. It's it's it's getting higher, but it's not that high uh, the one that's high right now is gme and even that we've seen higher ones, but this is coming in at 25., so we're seeing an uptick, but that's actually one of the weird things in the data That we're seeing is that it's not for whatever reason it's not that high um ctb max. I wouldn't look into that.

I mean that just means that maybe one person got it uh. We don't know how much you want to look at the average, not the min or the max, because that could be like one share at both the min and the mac. So it's not that um. I guess like solid of data.

It's just not that illuminating.