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Attention to make please equal love yourself when no one else will say can't help it they're just hold me tight, find some light inside my mind. I wonder why i'm here sometimes it seems like. I can find a reason why, if you just love something too: oh 300., so uh, oh bye, hello, hello, hello, i hope you're having an absolutely b e a beautiful day and i hope you're ready for a fun-filled day in the markets, because i'm fully expecting more And more volatility, so what we're gon na do before that bell goes ding ding, ding, ding ding is kind of give you an overview of what's going on. In the macro economic backdrop, i have some interesting stories related to twitter arc.

Invest russia we're gon na talk about johnson and johnson lockheed martin other upcoming earnings that might be of interest to you. We'll give you a recap on some of my most recent plays we'll talk about some of the stuff going on with the sec and as a little bit of a thing related to the markets, not whatsoever. We're going to talk about some of the happiest places on the planet, so i hope you're prepared, i hope, you're having a good day. I hope you're prepared to have an even a better day as it continues to play out, but before we get into all of that, i want to quickly remind you of today's stream sponsor i'm talking about true trading group.

Uh ttg is a little easier way. Uh. You've heard me talk about them before i've been on some of the streams with their head trader over there mike it's very, very cool and they're super super excited about what they're currently offering that, instead of a three day one week trial that or a one week Trial for three dollars - excuse me: it is now free, so that is pin to the top of chat it's in the description of the video. So if you're like, i don't really feel like putting in my credit card information, i don't like it doesn't interest me that much you really don't have an excuse anymore.

There's a lot of people who have checked it out from the moon gang and everything. I've personally heard back thus far has been nothing but glowing reviews so definitely give that a check at the absolute minimum. Now, with that out of the way, let's see what's going on so yesterday, crazy just up down up down like this is the definition of whipsaw. In the s p, 500, yesterday we're going to be talking about ater, very, very exciting stuff going on there.

Obviously we're in the middle of a crazy saga with elon and twitter, so we'll be covering that and veru was one of my newest trades. I bet against viru and thus far the particular put that i played is actually not up and really i'll explain why. But overall, the direction is clearly heading in my favor. So that's just a little bit of a sneak sneak surprise of what we will be talking about, but first wait.

What is this? This is brand new breaking news. Imf cuts, global growth, forecast on russia-ukraine war, says risks to economy have risen sharply. The washington-based institution is now projecting a 3.6 gdp rate for the global economy this year and for 2023. This represents a 0.8 and 0.2 percentage point drop respectively.
From its forecast published back in january, the imf said, sanctions will have a severe impact on russian economy, which estimates that the country's gdp will fall by 8.5 this year and by 2.3 percent in 2023. You know this actually very much relates to another one. I was going to cover right here, world bank slashes, global growth forecast due to russia's invasion of ukraine and preps a relief package bigger than its covid 19 funding. The world bank slashed its global growth forecast from 4.1 to 3.2 percent on monday, 60 of low-income countries are already in debt distress or at a high risk of it.

It's preparing a 170 billion dollar package in response to the war, a large sum um, then it's 157 billion. So just a couple details on it. I guess cnbc is just picking it up right now, but that's something we were definitely going to go over for you guys in the market today. Yes, we have to talk about some of the big things, but now just a little thing that popped up for us.

I do want to talk about how, yes, we are slightly red, but it's just exactly that slightly red the dow just point: zero one percent in the futures market, the s p .05, the nasdaq 0.11 oil, taking a little bit of a breather, hit 106 107. Currently, sitting at 105., i want to point out that yields are continuing to rip higher and higher. They are at 2.9. It feels like in not that long of a time we're gon na be at three percent yields are ripping higher and higher and higher five things to know before the stock market opens today, tuesday april 19th, futures steady with earnings rising bond yields in focus.

So we already just talked about the 2.9 percent in terms of the bond yields uh, you obviously know most likely that this is related to the sky-high inflation, which is really causing not only the u.s federal reserve, but really various global federal reserves such as, like the Ecb to also be pretty hawkish in order to fight this inflation, inflation's positive impact on corporate earnings, growth has dwindled and costs are starting to hurt margins according to morgan stanley. I just thought this was a little bit interesting, inflation's positive impact on corporate earnings growth. That's a interesting way to put it because to me it was more so. The positive impact on growth was that the fed was backstopping everything and then that ended up because they were putting so much money into the economy.

That's the thing that caused inflation. It wasn't really inflation itself. Inflation is no longer a net positive for earnings, growth, cost pressures and pain for consumers from higher food and gas prices are starting to hurt margins, input costs and expenses for transportation and warehousing are surging once again. This is a very, very weird way to word it.
It's the fact that the fed was buying every bond they could possibly find they were helping with the repo market. They were buying mortgage-backed securities. It was just them buying and buying and buying, and pulling that money out of thin air to the tune of openness, nine trillion dollars in basically the last year and a half roughly that's what caused everything to go higher because money was cheap, they could loan as Much money as they needed to cause like just business growth, growth, growth, growth, but now that prompted inflation and we're kind of fighting back against it. Uh j j lowers 2022 outlook, halt, coveted vaccine sales and guidance.

So j j just reported this morning. Here's what you need to know j lowers 2022 revenue and earnings expectation stops, giving rona vaccine sales guidance, which is signaling to me that they pretty much know that that juice to their business is kind of done is now forecasting. 2022 sales of 94.8 billion to 95.8 billion so still they're. Looking at a lot of sales, that's a lot of billions folks.

What you need to know here is that their earnings per share beat by about 11 cents. Here, excuse me: nine cents and their revenue ended up actually missing, so they beat on earnings per share, missed on revenue. That's the headline for jnj speaking of rona. I was just reading that uber just dropped their mass mandate and then i believe that there was a judge who overturned a mass mandate for airlines, but please someone correct me if i am wrong on that apollo is willing to finance a twitter buyout.

This is the story that keeps on giving apollo. Global management may be willing to provide financing for a twitter buyout. However, the private equity giant isn't interested in joining other firms in a buyout bid. Obviously we know what's going on with elon and all of that financing parties are considering their willingness to lend to musk or other potential buyers.

So remember, this whole saga is now not just elon. I'm sure there are many other big tech conglomerates who are probably talking to their lawyers. Trying to figure out hey. Is this an anti-trust issue? Is it basically a monopoly issue like? Are we allowed to put in a bid if elon is willing to put up 43 billion? Can we put up 50 billion? I'm sure there are many people who are smelling a little bit of blood in the water who are now trying to figure out if they could potentially own twitter.

So it goes much more than just elon, but right here, twitter investors should just take elon musk's money and run because the stock is overvalued. According to a top media, analyst, twitter should accept elon, musk's, 43 billion dollar bid, because its stock is overvalued according to michael nathanson. It's the best outcome for shareholders who have been buried in the stock for a long time. Twitter stock plunged 37 to around thirty dollars.
A share if musk walks away, so this is kind of interesting, because what happened really was when he tendered this offer. When the world found out about it, 43 billion at 54.20, a share the board quickly just said: no, it didn't even go to shareholders. It wasn't a shareholder vote, the board, who should be representing shareholders and not their own financial interests, because remember the board itself really doesn't own a noteworthy amount of twitter like at all. In fact, elon himself owns exponentially more than the entire board put together, and this is getting into the point where, like is the board doing what they're supposed to do? Are they really following their own fiduciary responsibility, and then this led to the founder and ex-ceo jack dorsey, calling them out and actually more recently, he's really been going on a tirade himself on twitter kind of following in elon's like steps.

So this is becoming quite the debacle and when i'm referring to the s or not, excuse me when i'm referring to twitter's board, not following their fiduciary responsibility, that's something that probably the sec should look into. But then remember. Are they really going to feel the extra surge to do that when they themselves hate elon, i mean elon is notoriously making fun of mocking and fighting with the sec. So this is becoming just like a drama series in itself: tsa won't enforce mass mandate on planes, public transit um, so that's the tsa will not enforce the coven mass mandate on public transportation.

After a federal judge in florida on monday, uh vacated, the biden administration's national face covering mandate for planes and other forms of public transportation. So that's a big update as i was alluding to before uh we have, i guess, more information related to uber. It was announced. I believe i just saw it on twitter that they're dropping it.

So, overall, i am no scientist, i'm not a virologist, i'm none of that, but it does seem like there are certain signs showing that, like maybe we're finally putting this actually in our history books like maybe finally we're getting out of the covet era, which is funny For me to say beings, i am on like the tail end of myself battling with kovid, which is odd. I made it two years. I made it two years and then i finally got caught by it, but i don't know the way i could sum it up. Is it's two days of like crappiness, two days of bouncing back and then, hopefully by tomorrow, i'm like fully back where i need to be? Finally, last but not least, russia is shifting its war machine to east ukraine, so this is still obviously a very, very important thing, as you can see we're looking at global gdp, this people are saying it's going to get cut.

We're seeing many analysts saying this is going to cause maybe food shortages. We know it's already clearly impacting supply supply issues, especially related to fertilizer wheat, big, big things going on that has massive global ramifications. Putin says the west economic blitzkrieg has failed, but russia's central banker warns. The country's reserves can't last forever.
The period when the economy can live on reserves is finite, obviously, because a lot of the money that they have the billy, not all that can even be used and what can be used. Obviously, it's dwindling day over day, russia can't use nearly half of its 640 billion foreign exchange reserves due to sweeping sanctions. But president vladimir putin said the west's economic blitz creed against russia has failed. I mean that's exactly what the kremlin's gon na say, they're gon na talk about how, like i think, they've recently said, like we're actually stronger for this.

So people are just gon na say what they're gon na say, because that's how like the age of media actually works, u.s stock futures fall ahead of stream of earnings with fed comments on russia's renewed assault on traders. Minds now remember: i showed you the futures, it's they're red, but just like barely they're, just barely red and if anything, what are we it's tuesday, the 19th? I would actually predict - and i was looking at some of the things going on with earnings. I was looking at some of the models that i used on the futures market and then i was looking at just some various other things related to technical analysis. I think there's a better chance of us actually about to see some green days than some red days.

Right now, in the short term, for the remainder of the week, i'm actually leaning bullish just for in terms of the overall market, just to be very, very like clear, u.s stock futures slipped. As traders weighed fears, fed comments on russia's renewed assault on ukraine, netflix and johnson and johnson are scheduled to report earnings, tuesday, johnson and johnson, already reported. Remember they beat on earnings per share, missed on revenue and they're, really no longer going to be giving us updates of particular to their rona vaccine sales with tesla's update on wednesday tesla in pure elon fashion will yes be reporting on 4 20. kathy woods, arkhamvest says Tesla stock will more than quadruple in price by 2026 if it can deliver a network of self-driving taxis.

So this idea of a robo taxi network is actually there's a fair argument that this could be exponentially more valuable than tesla as an automaker uh. There are some. I guess fancy schmancy analysts with the pedigrees on their wall that think that this could be a multi-trillion dollar opportunity. Once again, a self-driving robo taxi network arc invest reiterated its bullish view on tesla on monday, with a 4 600 price target by 2026..

The innovation investor said tesla could more than quadruple from current prices. If it succeeds in rolling out a robo-taxi network of self-driving cars, we now expect more demand for autonomous ride hailing at higher price points than we had modeled originally. So yes, tesla is a poor part of my long-term investment portfolio, um kathy wood, i'm a big fan of some of the things she does and then i'm, i can't even say i'm not a fan of certain things, i'm just particularly against the fact that she's investing In robin hood uh and that's more of a moral thing for me, but i do like this concept of investing in disruption and recently arcs funds have been getting their teeth like kicked in. They have been getting absolutely curb, stomped.
Unfortunately, a lot of her picks - or i should say her funds picks - have been underperforming, uh relative to the queues relative to the spy relative to a lot of maine market, like i guess signals and benchmarks uh. So she, in 2020 2021, when the fed was just pouring money into the economy. She kind of cemented herself as a wall street legend, but more recently that the fed has gone from being dovish to hawkish and her picks have not been doing the best um. A lot of sentiment has been turning against her.

In fact, people have been making uh inverse etfs to arc, and those have been very, very well performing as arc has been selling off, but i question of like okay: did she have her fun in the sun? Did she fall fly too close to the sun or it's just just a momentary drawdown and, if really she's, a huge investor in tesla? If that ends up ripping? Is this just a momentary thing and then arc is gon na once again rip? Obviously, time will tell it's easy to have monday morning quarterbacking, it's easy to have a hindsight bias of 2020, but i just wanted to let you know. What's going on with tesla and last but not least, bond yields rose after fed official bullard raised prospect of 75 basis point interest rate hikes now. Once again, this is just a prospect right now. If you look at the futures market for interest rates, they are very much pricing in a 50 bips increase, and that's what i would say.

Most people, including myself, are anticipating from the next upcoming meeting, which will get the results on wednesday may 4th the first week. In may is when we're going to get the next results from the fomc federal open market midi. Excuse me, committee meeting my apologies. My brain is still slightly foggy from the rona.

Now we've talked about j j. We also had results from lockheed martin. I thought that would be interesting to look into, because that's definitely a company that would really be profitable. Obviously, in a wartime scenario, locking martin stock drops after profit beat expectation, but sales fall short, so they were looking at a.

They reported a 6.44 earnings per share with expectations at 6, 11. so similar to johnson and johnson. They beat on earnings per share, but in terms of sales, or maybe revenue depends on really what you're. Looking at there uh lmt, which is lockheed martin missed on sale, sales declined eight percent to just under 15 billion when the consensus was at 15.6 billion.
So that's the rundown on lockheed martin. After the market closes today we have netflix, ibm, interactive brokers, then, on wednesday, we're going to get tesla after the market closes, and we also have united and then thursday, before the market opens. We have american airlines a t uh. You could check out dow union pacific.

Those could always be interesting. After the market closes, we have snapchat and then on friday we have verizon and schlumberger. This is once again a continuation of earnings season. This happens four times a year.

It's basically when a lot of big companies, well-known companies, impactful on the overall market, are reporting how they did in the most recent fiscal quarter and we are underway. It technically started last week with a lot of banks and we had more and more banks. Now the banks are kind of over we're getting into a couple. Tech plays, but i would say uh, maybe a little bit more of energy related for this week, and then this will be continuing for the next two to three weeks.

Just so, everyone knows now before we get into a breakdown of like what's happening in like right now and some interesting opportunities. I did want to share this interesting story: scc charges, 16 people for raking in 194 million in illicit proceeds from international penny stock fraud scheme. This broke yesterday, 16 people face charges for international pump and dump scheme for penny stocks. According to the sec, the sec alleged the defendants generated 194 million in illicit proceeds in the multi-year scheme.

The agency filed charges following an investigation spanning more than 20 countries. Uh right here i mean the uk, canada uh, monaco, spain, the bahamas. The list goes on and on and on - and the thing i wanted to point out about this is it was a multi-year scheme and i know there are many, maybe disgruntled apes wondering where the sec is at when we're looking at things such as ftds, the extreme Nature of off-exchange trading, the duopoly of market makers such as citadel such as virtue, and i want to bring up the point that this shows you. I don't know what the sec is doing in the background, but we do have some evidence that when this goes on, the wheels of justice are slow.

Sometimes it's happening for years in the background and they're not just going to come out and say: hey we're. Looking into this, because that's really not a strategic way to announce what you're doing so, i just wanted to maybe give you a little bit of glimmer of hope. Once again, i don't know, but i do have a bit of hope that maybe the sec is looking into some of the serious things that we're trying to bring to their attention. It sounds like it just when they do things.

It's slow. It's not all of a sudden. We call it out they're gon na look into it and we get a result a week later. If anything, we're seeing examples of things can be a multi-year thing going on in the background and do i know it for sure.
No, but am i hopeful yeah, i mean because at this point like that's, sometimes what you need, you have to have faith in it, um. Obviously, i'm right there with you. I wish they were working more expediently, but this is just a crazy story, but i think it highlights some things that maybe like me, maybe for you. It gives you a little bit of glimmer of hope.

Speaking of hope, speaking of happiness. This has nothing to do with the stock market, but i wanted to give a special shout out to my nordic viewers - nordic countries consistently rank as the happiest in the world. Two finnish recruiters explain what we can learn from their work: culture and lifestyle. This is just the very high level breakdown of it.

Nordic countries consistently come in highest in the world's happiness rankings. Two finnish recruiters working in sweden told insider why this is the case. They cited flatter hierarchies at work, more flexible working hours in free education. Now, basically, what i wanted to say is that if you get to benefit from this in these countries, which they're beautiful countries with beautiful people, i am extremely jealous of all of you straight up.

I don't know who here has visited these countries. I don't know who here has lived in these countries, but i am nothing but jealous of all of you, because it seems like a very, very cool and obviously literally quantifiably a great way to live your life. So shout out to anyone who gets to. I guess have flat hierarchies more flexible working hours and free education, because that stuff does seem pretty cool all right.

So let's talk about some of the other things going on in more of the short time frame with the overall market, so we've had a crazy bullish run and now ever since april, started we're having a bit of a bearish push to the downside. What i want to bring up is more on this two hour chart. You could also somewhat see it on the four hour chart, but let me put on my teaching cap very very quickly for all of you is, as we've been coming down, there's obviously a clear trend right here i mean you can just mark that we have this Downtrend on this two hour chart for the overall stock market. What i very much want to bring to your attention is these important marks right about here right about hang on.

Why did this not go there and then once again right there? So, as the price action for the overall market has been going down and down and down, there is a clear mismatch shown by these three vertical lines. For the meantime, let me just get rid of this. So yes, the stock has the overall market has been trending down and, as you can see, even though we've been going lower, the rsi has been going higher. This is a mismatch, the rsi values of 0 to 100 tracks momentum.
The fact that the momentum is going higher, even though the price action is going lower, that is referred to as bullish divergence. This tells me that there is less bearish momentum at a new low, i.e, more bullish momentum. Now, even though the price has gone lower than we've seen previously now i want to make this explicitly clear. This is a bullish signal.

Does that mean it has to all of a sudden, go bullish and play out that way? Absolutely not it's a game of playing with the odds at your back just because you're dealt pocket aces doesn't mean you're gon na win, but it's probably a good time to bet a bit more money. That's the way, i would think of it. In this scenario, the edge is in your favor, so it's going down, but the rsi is going up. This is referred to as bullish divergence, so what i'm looking for is basically a test and a breakout of this trend line.

That's what i'm looking for um. This is obviously more of a shorter term play we're looking at the two-hour chart. I just wanted to bring this to everyone's attention of why most likely for the remainder of the week and who knows maybe going into next week, but let's first get through this week. I'm actually leaning a bit bullish just because that's what the technicals of the situation are telling me and obviously that would broadly apply to the tech sector, the nasdaq 100, as you can see, the queue is coming down: rsi going higher and higher.

So i'm seeing the same bullish, divergence and then also not as picturesque but you're still somewhat seeing it in the small cap sector on iwm. So the overall, i guess breakdown of that is, i'm leaning slightly bullish in the short term and when i'm talking short term. Let's talk about the remainder of this week, maybe into the start of next week, and it does somewhat - i guess you could say - connect it to the fact that i think people are already now pricing in what the fed will most likely do in may of a 0.5 interest rate increase and i think, there's a bit of optimism right now going into earnings uh, i would say: there's optimism with tesla's earning. We have some of the airlines, a delta already reported and i think we get united and american netflix is coming out tonight.

We get snapchat later this week. I think there's a bit of optimism, so i see a couple things aligning. I wouldn't say i'm like fully absurdly, like 10 out of 10 bullish, but i'm definitely leaning more bullish currently than i am bearish for the overall market. Now there are some other ones.

I want to talk about just to give you that quick breakdown of, what's going on with amc and gme yesterday, amc and gme were pretty boring right now. Amc is slightly green in the pre-market. Let's hope that that holds amc still has a short interest just below 20, and not much else has changed in terms of gme. We're just right now we're not seeing that crazy volume or volatility in either of these.
Obviously, that's how markets work you ebb and flow periods of expansion, consolidation, expansion, consolidation right now we're in a little bit more of a boring period. That's a-okay because there's many other equities moving that you can still continue to make quite a bit of money and if you choose to reinvest in amc and gme have at it it's your money. Great go! Go for it! If you want to go, buy a box of cheez-its, i think that's awesome too um you do what you want. It's your money, but right now like we're just seeing lower volume, not too much movement, they had a bit of a red day yesterday.

Both are green. In the pre-market in terms of gme short interest, now over 20 cost borrow 8.2 and other than that, not much has changed now. Some things that are exciting, i would argue, is a tyrion. A tiering ater is probably my number one watch of today.

Ater, the numbers are crazy: it gained 18. Yesterday, it's up another three percent today, the main resistance, actually it just hit it. I had was right below seven dollars and then we can map out some of these other major ones. Uh right here i mapped out 697 and then after that i would argue we're kind of watching eight bucks.

Honestly we have some resistance. We have some support. We have some resistance, so around eight dollars, but giver take about 20 cents. So a tyrion.

My main watch of the day the bell just rang, but just so you know a tyrion 41 short interest cost to borrow 241 utilization. 100. Yes, it's on the threshold list and it is a lower float stock uh. That's exactly why i have a tyrion open right now it is my number one watch of the day just because i think there could be some absurd volatility with that being said, i have no a tyrion position.

I just feel like i missed the boat on it. I feel like at this point. For me it would be a little bit chasey um, so i'm just trying to stick to my own rules, the other one that we should talk about is veru veru got beat up yesterday, which is good for me. I posted that.

I bought puts against veru um, they expire may 20th and i have a five dollar strike. Those even though veru is falling off and someone dm me - and this is a great question. How could veru go down, but my puts are actually losing money and that's just because you have to understand how puts are priced? It's not just. Did it go in your direction, it's the time until expiration and the volatility um and really at this point, it's just saying: okay, yeah! It's going down but you're a little bit closer to expiration and we're not seeing that volatile of the sell-off.

Yet so, i'm still very, very optimistic of my play against viru, i'm optimistic against atr, even though i have no skin in the day game on that one, i still think it's looking pretty pretty bullish and if anything, the way i might play atr is wait for The insanity to play out and then maybe like veru, because i felt like i was late on varu - i didn't go bullish, maybe i'll wait for the like party to end and then play it back on the downside. Remember these things that go crazy, crazy high! It is only in the most rare of circumstances that they actually hold. I want to remind everyone of that, so i missed it on atr, i'll watch it and i'll cheer. All of you on.
I will remind you bulls and bears eat. Hogs get slaughtered, don't be greedy ride the trend as long as the trend is intact, don't buy this idea of it has to go to this value. That is not a good way to engage in the market. Ride the trend ride the trend ride.

The trend be reasonable. If you think the trend is over lock in your attendees, this thing has been ripping and it's still looking strong, i think with veru. That might be an issue with some of the. I guess.

Current holders is, they got super super excited and they were buying in and they just thought it had to continue to go higher and really i'm seeing some weakness over the past two days. Hence why i got in when it broke down below 13 20. Yesterday, i'm looking forward to test 10 and if it doesn't hold 10, obviously it can fall off even further, so viru i'm currently bearish against atr. I have no position, but it's still looking pretty bullish to me.

Obviously we are testing resistance right now. I do want to call out that there is a gap below at 660. uh. We should definitely be paying attention to that.

Also. Is this actually a gap, a little bit of a gap at 389, but it looks like it'll most likely be filling that later. Why? I find ater to be so particularly interesting is not only is it on the threshold list, which is telling me that there's a lot of ftds, which is automatically sus, it's just like firing off red flags, but don't forget in november of last year november of 2021, The ceo of atr tweeted out that his company did research into what's going on with their stock and he said that they believe that there are illegal illicit shares, i.e. He believed that they were being naked shorted.

The ceo did that - and i thought that was interesting, because now you have a ceo who is fighting for their company, calling out that they've somehow done research, and then that got me scratching my head of like okay. Why aren't we seeing that in other companies? Obviously one ceo has done it. There is some sort of methodology that you could do research on your own stock that led him to believe that they have data points suggesting something is going on that should not be going on, and then it got me really scratching. My head thinking: why are we not seeing this elsewhere? Why are other companies that have to the public kind of questionable looking things like, obviously, there's a methodology? Why are we not seeing that same methodology being done elsewhere? I think that's something very, very fair to consider.
So the spy like i said, i'm bullish on it right now, twitter. We just have some recent updates with apollo and what's going on there and i'm sure we'll be getting more from elon in that today, so twitter, looking good the market, looking good, let's quickly cycle through some of these and then i'll get to your questions, amc uh! It went up coming down slightly, not too much movement same with gme uh house tesla, doing tesla holding above a thousand interesting apple down a little bit. Microsoft kind of break even nvidia, not too too much j and j, j and j. Excuse me how's this one.

Looking pretty good remember, they beat on earnings per share, missed on revenue. Currently up 2.2 percent lockheed martin beat on earnings per share, but missed on sales lmnt currently down. One percent remember lockheed classic defense play i'm trying to think of some of these other things. Uh how's m-u-l-n, looking m-u-l-n red down, seven percent, looks like the bears in the short term, are winning the battle on that one.

Prague trying to recapture a dollar cei, also trying to recapture a dollar prague, currently down seven or cei, currently down seven percent. Excuse me um: let's look at the tech sector tech sector had a nice push now slightly red small cap sector green on the day, thus far overall market, looking pretty good the spy and the small cap looking good the queues really not following, but also don't forget, We're only six minutes into the day, so we still have quite a bit more time to see how things actually shake out. Please give me some quick ta on ge, a 422 call 422. If it's gon na load.

Oh, i mean ge's looking good to me uh. The only thing i don't like about your play is it's a very. I mean you're playing it for this week. I wish you gave yourself a bit more time, but overall i would be bullish.

Um one thing you could do if you're also worried about your time is: if you're in profit right now, you could lock that in and then roll it out to next week. You could play next friday's 92s. If you want uh, can i get the options flow on netflix uh james remind me to come back to that, just because it like the market just got going today. So i don't know if we're gon na get too too much uh.

Oh well! Actually, no already a decent amount of trades uh. We have a sizable put against it for 17 days out the short time frame. We have one call and two puts the difference. The puts are larger for the ones for this friday um.

The big one is for 17 days out, but the call premium - oh well also counting, okay back also to 414 for 418, a little bit more bullish, so not just for today, but for everything that loaded right here uh. But if we're looking at just for today's calendar day, it is being dominated by puts, but once again we're only seven minutes into the day. So i don't know if that's a fair full breakdown of it. How is netflix doing as we're heading into it all right? Atr is trying to hold this resistance level that it just broke above, ideally turning it into support.
The next watch, for me, is literally all the way up at eight dollars. Netflix. It has been downtrending as we're heading into its earnings today, uh atr, not too late to jump in. In my opinion, it is, but that's also my trading methodology.

Remember folks, i am not an expert trader like i am not some guru trader that you're, like oh matt, said this. I have to do that. No, i make good trades. I make very bad trades like it happens.

I'm not like this concept of like just following people like. I would only do that if i like, knew their training history now i don't know for a year two years i'd be like. I want to see all your trades. I want to see your sharp ratio.

I want to see your max draw down. I want to see your like risk like concept of how you do it. I want to see your unit bet size uh for me to just blindly follow someone. I would need a lot of information of their actual trades.

So atr, i'm telling you i think it's bullish, but for me the risk right now is a bit too much because it's run so much. I don't want to be late to the party um. I think it looks bullish, but i it to me it's taking on too much risk, so i'm just not gon na, do it but um if you're in it. It's looking good to me it's just to me.

This is what i mean like a reasonable wrist point. Is like kind of back in here because other than that, it's just been green, green, green, green, green. It just is a little bit chasey to me right now, but if you were fortunate to get in in here - or maybe this breakout - i mean i don't really feel comfortable risking, i i think the best risk is around four dollars, but even that risking 530, i Mean that's a 21 risk. I i don't know if i'm comfortable with doing that, if you're comfortable with doing it, i mean have at it.

I very much like there's great crazy stuff going with it's on the threshold list. The ceo has called out really weird things with the company relating to potential naked shares or naked shorts. So i want the shorts to get taken to the wood chipper. Without a doubt.

It's just, i feel, like the risk reward paradigm for me, right now isn't appropriate. So how do you find a good party to go to uh? Usually i just like wait for a good myspace invite something with like a cool like cover photo, maybe a cool song, great questions. So if you haven't already don't forget to sign up for the free trial, you heard me write f-r-e-e, you don't have to give them your credit card or anything. It's pinned to the top of chat.

It's in the description of the video for true training group, most uh, really, actually all the people who've gone from moon gang over to true training group, thus far very very positive, glowing reviews and also don't forget, to join up with the moon gang by hitting that Subscribe button, we are on the road to a million gazillion subscribers uh. So if you want to help me hit that milestone of a million gazillion subscribers uh, it would be much much appreciated uh. Can i explain why mullen is getting its cheeks clapped uh? I guess just more people are selling it than are buying it and what i mean is more selling aggression than buying aggression for every buyer. There is a seller, but what you're seeing is it had? So this is what i mean is not every bullish trend is going to last forever.
Let me just kind of delete all this stuff and like let's just talk about this from like a higher level thing. So from february 24th - let's not even talk about like, is there weird stuff going on because with mullin there is? It ran 703? And yes, there are weird things of like being more short exempt than there are like shares. Being traded and like there are is weird stuff, but just because there's weird stuff doesn't mean that we're gon na get like another crazy run, like we saw in gamestop in january or june, uh related to amc. That is, it ran 700 percent like so like, even though i'm not saying like we don't necessarily have to have a crazy run in the span of how many days 17 bars 17 days.

This ran 704 once again bulls and bears eat hogs get slaughtered. I cannot be more clear about that, and also more recently, you had a key technical breakdown of 226. support support, support it broke that key support. It ended up gap filling you do, have another gap fill to a dollar.

Fifty. At this point i would actually on mullin in the short term, i would be watching 150 because it's a gap fill - and i know that - there's a statistical edge for markets, filling gaps and i'd be watching 150 right now. This is a crazy run and at a certain point, when we got into this mess right here, i'm not saying you had to be 100 sure, but if you weren't, asking yourself is the trend over is the run over in this craziness between march 24th and march 31St, like you just weren't, being realistic about the situation right here when i say ride the trend ride the trend. This was a beautiful trend from march 7th and we'll say until march 22nd march 23rd, but as soon as like, this is a good example of what we're seeing in varu like seriously.

This is an amazing teaching opportunity. Let's look at it, two completely unrelated stocks. Let me clean up the chart. Let me show you some of the things going on and let me get up the rsi okay.

So if let me just go back to the crazy run in mullen, can mulling continue to go 100, but we're just like using some of the data that we have so for quite a bit. You basically we're not violating the previous day's low. In fact, like i guess, you saw a little bit on march 11th, we hit a low of a dollar and then it hit 94 cents, but it didn't close below it. It actually pushed higher.
So really, there was no close below the previous day's close like we did not close at a new low for quite a while, like we were just pushing pushing pushing and then all of that changed on march 25th. We had a if you even just take this run, that's 443, that's a great run and then the trend it like not only was the rsi overbought, but then we saw one clear red day. This is the day that changed everything for mullin march 25th. We breached the previous days low and one two three four.

That was a clear, clear support and it was lower to me if you're, not asking yourself on that day. Is this run over you're honestly, i guess at that point being a little bit too optimistic, opposed to realistic of what the chart is telling you and then yeah. I had another push here, so i could understand. Okay, that's exciting.

Are we gon na go again, but then the fact that it couldn't break above this ceiling at 350? That would have been my second question mark period. So my first one where i've been like i would have been questioning, is mullen. Maybe done i would have been. Okay, this is my first question and then right here this is my second question.

First, one is when it broke below the previous day's low. Second, one is when it can't break the ceiling, so almost like a bit of a a bounce there. That, like was a failed bounce and then all of a sudden, every flag in my head would have been going off on april 14th and once again, i'm saying this all of it outside of the world that i agree. The data related to mullen is super super sus, but now we have one two, three serious red flags that it looks like the trend is done, and now it's led to this point like, even if we took it, if you took it at this scenario, if you're, Like on march 25th, at first, if you're like oh like then, you would have been beating yourself up because four days later it was looking good.

But even since that part it is down 28 and the reason i'm bringing this up is. If we go to this day, the first actual red day well, the first actual red day, that's what we just had in veru veru, regardless of the fundamental development, regardless of the underlying data. At a certain point, you have to look at what the market is telling. You and the market is telling me that i'm seeing a red flag like because once again we saw a red flag and then it ended up popping four days later and mullen.

Could that happen on varu 100? Just because you see of red flag doesn't mean it has to like go down from there, but overall, like when i start to see that it's losing its legs, you're running into volume, exhaustion and you're, not keeping up that same bullish momentum that you've had before you Have to ask yourself is the play over and with mullen. Is there going to be a play number two on it? Yeah, like that, could 100 happen, but right now i would actually be looking at the gap fill of whatever this high was on march 11th of 150.. I mean three clear red flags and now i'm looking at this gap phil, i would be watching that and on veru kind of reminiscent of what we saw on red flag number one with mullen netflix now going bullish, varu looking a little bit weak atr trying to Hold this support at seven got knocked below it, but holding watching seven folks, i get that some of the stuff i could say about mullen like it's very easy for everyone to want hype all the time hype hype. Please hype up the play that i'm in give me that confirmation bias.
I am not here to give you confirmation bias, because that is more of like a quick shot of dopamine, but do you know what's something that's lasting that will actually keep you in the market. Keep you excited and trading slash, investing. Keep you honestly. Coming back to this stream is giving real legitimate breakdowns of a situation.

I would rather, you be upset what with what i say in the short term, but then all of a sudden later on it connects and you're like okay. I think i get what he's saying and then you can transform that into your own money-making opportunity, because it's absurdly selfish, but that's what keeps you coming back to hanging out on this channel. That's what keeps you profitable like for me to say these types of things. I, like i, don't want to just on your parade.

That's not my goal. I want to say something that i truthfully believe, because if anything, that's it's better for you, it's better. For me, it ends up being a win-win. I would rather accept short-term conflict.

In my commentary that leads to long-term success opposed to taking like short-term hype and then that leading to long-term failure, that's not a winning scenario in terms of our like social relationship. So when i see things like veru, i know there's probably bag holders on varu, but the whole time it was running up same thing, bulls and bears eat. Hogs get slaughtered, look for a change in trend. I personally believe the chen has changed on varu.

Maybe i'm right, maybe i'm wrong, but if you don't see some of the red flags, i don't think you're being realistic to the situation. Both of you do assume i'm profitable got in late, so i assume you've already covered it. Quick thoughts on the current status of elon twitter kerfuffle great word: that's a solid s.a.t word of the day. Right now this is actually probably one of the more quiet days we've had in a bit uh.

He has stated that he has a plan b. We know that twitter is ready to poison pill, their own company, which is just absurd. I think it's against their fiduciary responsibilities. I think a reasonable way this plays out is elon, with other people go up to the border of right about to prompt a poison pill of just under 15 ownership, and i think he partners up with various people, namely he needs to find three other people, because That would bring them over 50 and then they can vote on whatever they want.
Uh and basically take the company private and kick out the board uh. You have a put on tdoc all right, netflix, looking very good tdoc tdoc tdoc tdoc, you have a put on it for 58. I mean, i don't know your expiration date, but it is looking weak um we're seeing a downtrend in lower highs. Recently shoulder head shoulder.

It's looking bearish to me, my only question would be what's your expiration date uh. I hope it's more than just this friday, but i do agree. It's looking a little bit weak on teledoc. I don't know.

What's going on with it? Fundamentally, i think the chart looks a bit weak, but you need um a good rule of thumb and once again i don't know your expiration date, whatever expiration, you think you need - and this is a rule that i have that i personally find a difficult time to Follow it's actually like one of my rules that i think is the most difficult to follow, but i really wish i could because it would make me a lot more money. Whatever time you think you need, you should probably double it. So if you think you need one week give yourself two weeks, if you think you need two weeks give yourself a month, if you think you need a month, i think that's a solid, just like basic rule of thumb. Whatever time you think you need in the world of options, there's a good argument.

You probably need more uh. What's going on with crypto crypto's, looking very good right now, uh yesterday we saw a bit of a pop and we're seeing that momentum continue today and that's remember we're seeing a high correlation between crypto and the overall stock market and right now, the s p 500. Like i said, i'm leaning bullish it's going high, i'm even saying that, even though i still called out that credit spread play of the 447 by 448, i'm simultaneously feeling good about both i'm simultaneously feeling good about spy going higher and also the fact that i don't Think we'll be above 447 by the end of this week and one way i could help counteract that is. I could sell a put credit spread to help with the premium if it's starting to get really close like around 446, just to counteract some of it um.

But i'll, let you know if i end up doing that, my two, like short-term things, one uh against viru, i'm personally in that play, i think ater is looking pretty bullish and in the short term i think the overall market is now going to switch from a Bit of a bearish trend to more of a bullish trend, let me get back to this chart right here, the spy um, and that was for the things that i was pointing out in pre-market, actually yeah. I'm looking for a test right here. 442 is a very interesting level to me, because i would quantify that as a trendline breakout twitter not doing too often much house amc amc showing some strength, jimmy also showing some strength. Uh gme is up.
One percent at trading at 143.. Amc is at 17.50 up. Half a percent on the day, uh, obviously jamie's up more, but in just the intraday chart. Look i would say that amc, oh well.

They actually kind of look almost exactly the same. Color me surprised, uh veru. Once again i mean this is coming down. I'm in my humble opinion, varus coming down, can you check or text for brcc it's been on the threshold list uh for a while? Now, just so you know, virus short interest is 17 percent cost borrowed 22 utilization, 100 18.3 mil uh brcc.

For some reason, brcc is not coming up. For me is that the right ticker alex mack? Do you just mean oh, never mind? I'm blind. I was looking at the company name, my apologies: here's brcc uh 16.5 massive cost to borrow utilization 84. It's a low float stock, it's on the threshold list.

This is one of those things that it's a powder keg. You just need something to actually light the fuse to me, even though this moved once again. Is it over to me this day right here? If it was not screaming to you that it's a trend reversal on april 13th, i feel like you're, just not really like taking in the chart like the fact that we're higher low higher low higher low higher low higher low higher low higher low, always closing higher And higher and higher, then, all of a sudden you have your first major red day. This was like a bit of a awkward in between, after a nice push on april 4th.

So that day i would have been questioning, but obviously it ripped rip trip and then all of a sudden you put in this series of two days does: is this a powder ken that could explode higher 100? But then, if we're taking the chart and being a little bit more realistic of something to actively trade, i mean this has just been getting slaughtered. I would have preferred to take a put position on the 13th or 14th and i would have been writing it down. Probably to 20, and if that doesn't hold, i would be watching 18. also you're, seeing bearish divergence in the rsi.

The price action went higher, the rsi went lower, so there's two red flags, bearish divergence and you closed officially at a newer, a new low for the first sign on april 13th. So those two red flags. It would make it very difficult for me to go long on brcc and i don't even know what this is. It's a restaurant company.

I hope that helps alex. Can i check roblox? Happily, roblox roblox has been downtrending. I actually like roblox as a long-term investment. Just kind of a metaverse-esque play, but, without even being said, you can't like it's obviously been a bearish trend.

Unfortunately um, at least as of recent. At this point, your closest support, if you are investing now, are you okay, with risking 36 getting in at 41? Are you, okay, with risking five bucks um per share? That's that would be your wrist point if you're, okay, with risking that okay, that's up to you if you're, not okay! Well, okay, that's your wrist point! That means it's not a play. There is a gap fill to the upside uh, so this is the difference between of like. Are you going to be an active trader or more of just like a long-term investor, the lower? It goes.
The more, i think, there's a fair argument to being a longer-term investor uh, i wouldn't mind being a longer-term investor at this level, but in terms of an active trade, i would want it a little bit closer to 36 and for that longer-term investor, maybe medium-term trade Type of a thing yeah, you could target a 66 gap fill. I think it will eventually fill that it's just a question of when so. You might have to be willing to put up with a decent amount of time in taking your licks for sure uh. Obviously, the spy is still looking a beautiful amc, even picking up a little bit of a classic cup and handle here's the cup here's the handle um i like, what's going on there, amc showing some bullishness ater is in a wedge.

So that's just consolidation. Let me know: if anything happens there gme, i mean it's almost the exact same looking chart as amc, so we really only need to keep up one cup handle, but they look pretty much the same bed bath and beyond is having a bit of its own run. Bed, bath looking good um. This is one that i think is more of an unknown time frame investment, but it's an investment in ryan cohen, pulling off his like really active, investing he's trying to shake up the board uh trying to sell off the bye-bye baby.


4 thoughts on “More stock volatility ahead! stock market open”
  1. Avataaar/Circle Created with python_avatars David Seo says:

    Is it just me or does Publics app suck? I dont want to trade on Webull anymore but every other broker seems to have weird or outdated layouts not ideal for day trading. Also, does public have a desktop software cause I will never trade on a phone.

  2. Avataaar/Circle Created with python_avatars Michael Poitras says:

    U had me at pocket aces

  3. Avataaar/Circle Created with python_avatars Isidro Vasquez says:

    Go to Market Movers you will thank me laterπŸ‘this guy is trash

  4. Avataaar/Circle Created with python_avatars Rice San says:

    AMC with its mobile app and GME with its split…interesting. Too bad amc wont recount tho.

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