So i got one more uh. I got one more hope, you're having an absolutely fantastic day, the market's about to go ding-ding-ding-ding in about 30 minutes on today, thursday april 21st. I think that's the date, i'm pretty sure it's the day, i'm like 50 sure that's what today actually is, but what it really really is is super super green right now, there's a lot of things that are sky high, we're gon na be diving into the overall Market we got ta talk about tesla, we'll talk about netflix, that's the one! That's not green, then we'll be talking about some of the airline companies that just reported. But overall it looks like it's going to be a high volatility day with a lot of money making opportunities.

So i'm very very excited we're also going to be getting into a little bit of the big picture of things, because, yes, there's still developments with. What's going on in ukraine and russia, we have some things going on in here in the u.s, so i need to call out some important speeches that are going to be happening today, then i want to talk a little bit about melvin capital and also bill ackman And his netflix position, so we have quite a little assortment of things to go over just to prep, for when the market finally opens, but overall we're seeing a lot a lot of green and i am leaning bullish, but a lot of that might be changing early. This morning, around 11am, so i'm predicting bullishness for at least the first 90 minutes, but i'll be kind of getting into. Why hang on, as we get more and more into the day, there's the chance that things could really really be switching up on us.

So with all that being said without further ado, let's hop right into it, but first obviously shout out to today's stream sponsor i'm talking about ftx. If you want to get onto their phone app, it's known as blockfolio, it's a pretty cool crypto trading brokerage app and they also ftx itself, has a more of a pro platform. Ftx us ftx international. They have an nft marketplace.

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Uh see what there's gon na be something there for you, and obviously it is completely free to sign up and just see if it's something that you enjoy or don't once again shout out to ftx um, i highly recommend seeing what's pinned to the top of chat. It's in the description of the video and the code to get a little extra bonus, i believe, is crypto core, so see what's going on with blockfolio or the pro platforms awesome stuff. Now, with that out of the way, let's take a look at the old stock market, the dow, the s p and the nasdaq futures are all up by a considerable amount, 0.7.9 and 1.3 respectively. A lot of this has to do with the success of airlines.

United american and also tesla oil, it's up a little bit, but overall recently is that 105 106 a barrel we're now at 102 and a half yields still chilling at 2.85, just under that 3 mark, so yields overall like if you look at what's been going on This year, climbing at a rapid rapid pace and i'm expecting a noteworthy amount of volatility, probably in guilds today, just because pal is speaking but i'll, give you the details of that in just a little bit. This came out this morning. Weekly jobless claims total 184 000. Just above expectations in a tight labor market, so pretty much in line with what economists were predicting.

Nothing too surprising there on the big picture, the global picture of what's happening that could impact the market, ukraine, russia, peace talks - are likely to fail because negotiating with putin is like dealing with a crocodile according to boris johnson, honestly, i don't know what i could say About this, because i've personally never negotiated with a crocodile, i don't know if they're late to negotiations, i don't know if they lie in negotiations. I don't know if they over promise in negotiations. I don't know if crocodiles are known for invading other independent sovereign countries in negotiations - i don't know, i i'm not steve irwin. I don't know what it's like to negotiate with a crocodile, but apparently negotiations with putin are very akin and similar to negotiating with a crocodile.

So maybe if there's any zoologists in here, let me know, but that i just found it to be a very interesting headline: putin orders troops not to storm last ukraine, military and hold out in maripool, but blockade it so not even a fly can get through. I guess crocodiles have an issue with flies like that's how they like to measure gaps, it's like okay, we think a fly could get through. We think five flies can get through. I believe this is a crocodilian base measurement tool, i'm not sure.

Once again, i'm playing ketchup the same as all of you, putin, canceled plans to store marepool plant housing, ukrainian forces and civilians on thursday. He instead told troops to blockade azvastal steel plant so that not even a fly can come through defense. Minister, sergey said, russia now has total control of maripool, except for that plant. So obviously, yes, this has fallen off mainstream media's attention seemingly, but overall it still has implications on us just as global citizens.

Clearly, independent sovereign nation was invaded, but on top of it from more of the financial aspect of things, russia, huge huge exporter of fertilizer, has a lot of precious metals. Has a lot of petroleum-based exports on top of it. If you look at the central banks, about 300 billion dollars is still locked up of their money in other central banks, and when it comes to ukraine, huge exporter of wheat, a lot of things going on, i would say, between energy and food, there could be massive Massive implications, so it's something that you should still stay a little bit in tune with, especially if you're actively in the markets. Five things to know before the stock market opens today, thursday april 21st wall street to open higher after back-to-back dow gaines will be getting into that fed chief powell set to participate in imf economic event i'll be giving you the details on all that two major u.s Airlines forecast profits down the line very, very excited we'll be talking about united and american as well.

Tesla beat on earnings revenue, musk mom on twitter bid, we'll be getting into all of that. Pershing squares bill, ackman dumps big netflix steak, so that's kind of all the stuff we'll be diving into. I just want to give you a little bit more detail, maybe you're going to spot some opportunity where you can find a bit of alpha, so u.s stock features rise after tesla reports blow out. Earnings and investors await further clues from fed chair pal.

Let's start with the latter part of this, so this is what i'm saying where things could get really really crazy by the time we get halfway through today. Pal is not just speaking once, but he's speaking twice. Investors will be watching pal speech at 11 a.m. He's already said that the fed is ready to raise interest rates by 50 basis points at its may third to fourth meeting then after that powell is scheduled to speak again at 1 pm, so he's speaking at 11 a.m and 1 p.m, and the second one here Is at an event hosted by the imf alongside european central bank president uh lagarde lagarde? I don't know how to say it, but she's, a very important, influential person.

So, overall, there's clearly two things going on that could have massive implications on the market, so pay close attention to your positions at 11 and then once again at one because i'm expecting volatility there. Obviously the things that are said: if we're whatever direction, we're going, it could push it higher and higher or lower and lower, or it could cause a very prompt u-turn. So you got to be paying attention at 11 a.m and at 1 pm i think, there's gon na be more volatility from the first speech. So if you guys want, we could stream in a little bit longer this morning and maybe watch this for the first.

Like 30 45 minutes and see what pal is or isn't saying, maybe we could dissect it in real time with all of you and um more than willing to go a little extra longer just to see what's going on, because i think this will be more of The i guess catalyst for volatility today, so i wanted to call that out and then the former part of this headline is all about tesla tesla reports, 18.76 billion in revenue and a record margins in q1. Now this was very, very impressive if you missed what happened with tesla yesterday, it dropped some very, very good numbers in a quarter where a lot of people were having supply issues, especially because of the whole ukraine situation and also inflation and the fed tesla was. It was a mic drop moment. They had amazing amazing numbers, so they reported an earnings of 322 a share and a revenue of 18.76 will be going into what the estimates were 2.26 and then also they beat revenue by a billion.

But, what's even more crazy is the margins got above 30. That's a huge huge deal that they were able to pull that off without getting too much into the nitty-gritty. It's showing that elon and tesla, and the team at tesla is being absolutely dominant. Now, for me, as a long-term tesla bull, the thing that got me particularly excited was just this elon talking about cyber truck in 2023 robo taxi in 2024, an optimus scale in 2025..

If you look into what this whole robo taxi and optimus, i guess business plan is about there's a good chance that alone a robo taxi networks could be worth trillions of dollars, as in exponentially more than the auto making side of tesla. It looks like they're going to be trying to get underway with that in 2024, which is very, very exciting. So yes, there is an argument that if you want actively trade tesla, there's a lot of volatility there and sometimes i'm bullish, sometimes i'm bearish, but in the long term i am perpetually bullish on tesla because of exactly things like this. If they pull off the robo-taxi network, i just see tesla ripping higher and higher and higher.

There are certain sectors and stocks that i am absurdly confident holding from this point to, let's say the end of the decade, around 2030 um, maybe even longer. But if you're looking for something like hey, i want to get in a longer term play, but maybe not all the way to retirement, just something that i could put in account kind of forget about. Maybe dollar cost average. I think tesla will be extremely high relative to where we are right now, by the time you get to the end of this decade.

That's one of my favorite calls for this particular decade and it's because of exactly things such as this, so right now, if you look at tesla, it is ripping in pre-market. Yesterday it closed at 977. It's up just under a hundred dollars up 9.6 tesla is ripping ripping ripping. I think there could be some excitement at market open, but pay attention to still that 11 a.m.

Meeting if fouls, if powell says something that's a bit more hawkish like tesla might not be able to escape like the fed is still the dominant thing here. Don't fight the fed do not fight the fed if the fed is hawkish. Look for things to come down. If they're more, like, ah like we're hawkish, obviously but we're gon na, say some, maybe not so hawkish sounding things and maybe come off as like a little bit more dovish.

Well that could push everything higher do not fight the fed. The fed is the group. It's the organization that really runs the game of the current trend, so tesla, crushing it right now for any of you who got in on this one. Congratulations! I personally thought it was going to be bearish just because of the shanghai lockdown, but obviously even myself.

I was completely surprised so definitely got that wrong, but i was also very very bullish. Yesterday i was calling out on airlines and if you look at united and american right now, they are looking good. United is up 9 and american is up almost 11. So i was right on - i guess two of them wrong on one of them.

Well, so, whatever 66 of the time, i'm right, 100 of the time, uh at least i'm doing better than jim cramer united forecast a 2022 profit as passengers return and pay more to fly. So, yes, obviously, costs have gone up, but both united and american have said. Well, what we're seeing is that customers are willing to pay the higher cost united joined delta in forecasting a 2022 profit thanks to a resurgence in travel demand. United and other carriers are seeing a surge in fuel costs, but fares are keeping a pace.

So, basically, even though oil is going up, which was my major concern earlier on this year, especially when oil started ripping well, it turns out. Consumers are paying that anyway, the airline expects to fly a schedule - that's 87 of 2019 levels in the second quarter and they're. Actually looking to go profitable and then american up even more american forecast. Second quarter, profit on soaring travel demand.

Americans said march was the first month since the pandemic began that its revenue surpassed 2019 levels. It looks like at least from travel that a lot of things are returning to. I guess what it was before. Rona up ended our whole lives.

It expects to fly as much as 94 of its 2019 schedule. More than competitors, delta airlines and united, the airline said it paid 280, a gallon for fuel in the first quarter, up 65 for the year, so obviously fuel still its biggest concern, but like delta, like united, it seems as if their customers are willing to accept the Higher price, so those were all the big reports. Tesla up a lot united up a lot dealt or american up a lot. I would expect the rest of the airline sector to have sympathy place today.

I am willing to bet that southwest i haven't even looked at southwest, but i'm willing to bet that it's up quite a bit right now, yep, it is up 3.5. 3.6. That's referred to as the sympathy play. Even though southwest didn't report.

It's people saying hey the industry's doing well, there's a good chance that southwest is also doing well. How about jetblue jetblue is up five percent. These are all sympathy plays because they're, not the ones that reported, but people are just assuming. Okay, the industry is looking good uh.

You might be able to say that a little bit with some of the evs, but i it's up two point. Four percent - i'm looking at rivian uh lucid, is up one point eight, so is that a sympathy play or was it that just the fact that the overall market is very, very green right now and i'm referring to the s p 500. It also could be that i think tesla was a little bit special because of what it was able to pull off now. I do want to remind you, um that snapchat is reporting after the market closes today.

I don't know i want to get your thoughts on it. My knee-jerk reaction is to be bearish against snapchat. Just because who uses snapchat anymore uh, i think they have too many ads. I think it's a little bit clunky.

I know that they're trying to copy tick-tock with like kind of the shorts, but i think tick tock's already dominant in it - i don't know um. I haven't really thought about it too much, but very much. My knee-jerk reaction is going against snapchat. Just because i don't know who uses snapchat anymore, uh and then also tomorrow before the market opens, don't forget about verizon schlumberger american express some opportunity there as well.

Now, if you have been living under a little bit of a rock for the past couple days, you probably didn't know that netflix got its teeth, absolutely kicked in. It was forecasting a gain of 2.5 million subscribers wall street was expecting 2.7 2.75 in in reality, they lost 200 000. On top of that, it came out that they think that there's about a hundred thousand or a hundred million accounts that are sharing passwords. They also think they might have to do maybe a lower tier plan that has ads uh, then there's also people like elon were saying.

Okay, this is a good example of like go woke it broke of maybe not having the best content and maybe not focusing on the best things regardless, no matter what the reasoning is, it's down a lot, it got absolutely slaughtered and don't forget, even though this dropped 35, in one day, it's currently down an additional three percent. I took the liberty of drawing this giant error arrow for you. This is right when jim cramer told everyone to buy on this day on january 3rd, and we are now currently down 66 from that moment. In a mere three months, three and a half months getting slaughtered, but i also want to point out what happened right around here in late january.

This is where bill ackman said hey. This is actually undervalued. I want to get in and now he's lost a lot of money. Billionaire investor bill ackman loses around 400 million as he dumps entire netflix steak after just three months, so he sent out a letter to all of his investors.

Saying: hey we're actually not doing that bad on the year. This obviously hurt us, but they got out of their whole position, which is probably part of the reason why we saw such an extreme sell-off right out of the gate yesterday. This is probably the big money dumping the position like big big money, like they lost 400 million 400 million dollars that is gon na, be answering some pretty brutal emails. So i want to give you the update on that that, like one big player got out speaking of big players, we have an interesting update from melvin capital embattled hedge fund.

Melvin capital weighs unwinding current fund to start new one. So if you don't know who melvin capital is it's outrun and operated by gabe plotkin and he was kind of one of the hedge funds that was in the center of the story. With the gamestop saga back in january of 2021, he was notoriously very short against it and then, obviously, when gamestop ripped, it caused his entire hedge fund to lose 50 percent of their value. And then ken griffin, citadel and steve cohen of 0.72 had to come in and save the day and now i think this is interesting.

Just because, like what let's kill our current fund and then start a new one, and just like, maybe people will forget, as if changing the name of the fund is like the issue here, i i find that a bit odd, melvin capital, the embattled hedge fund, run By its once high flying founder, gabe plotkin has been discussing a novel plan with its investors, under which the firm would return their capital, while giving them the right to reinvest that capital in what would essentially be a new fund run by pocket. My question is why, like you're just renaming a hedge fund dude and like be like i'll, give you your money back and then you could give her right back to me in a new name like i just don't get it plotkin according to people familiar with his Plans has committed to keeping his new fund at or below 5 billion in capital and returning to a focus on shorting stocks. So that's roughly half the value, so it looks like he's downsizing, but even this the focus is still going to be unshorting stocks. You can't make this up every single day.

Another absurd thing happens that just confirms to me we're obviously in a simulation, because this is just too good to be true. But yes, it looks like he's downsizing, just renaming it. I guess like he'll, just call it. Like short capital or some bs, but nope his focus still on shorting stocks.

So that's your update with melvin the overall market. Now, let's get into some of the specifics, so with netflix, we saw from the last time that they sold off. That is actually still kind of rough for a couple days. I wouldn't be surprised if that happens again with netflix.

I just want to call that out. I don't know if netflix will ever return to its market cap that it had in november of 2021. I think there's just simply too much competition. I think they would literally have to reinvent themselves as a business and get far better content, but even if they do that, netflix was a big beneficiary of the first mover advantage.

They were the first streaming player, but now you have so many others, hbo hulu amazon, prime peacock. The list goes on and on showtime, like literally like, we could all sit here and probably name 20 different streaming services. Now, i think, there's just too much competition and they've kind of maybe given up the reins on being the dominant one, maybe because of various things. I think it's honestly just as simple as you just need better content.

If you make better content, people are going to be stoked, but now i i think there's a lot of people are like. Oh netflix is fine, but my favorite show is on this one hbo max or it's on show time or it's on this or it's on that. So i just could they come back? Yes, do i put the odds of netflix bouncing all the way back and like getting to like it's all time valuation? I i just think it's very unlikely unless they maybe like get a a whole new business pillar, maybe something beyond streaming, maybe a whole production house, or maybe they have another show that goes like as crazy as squid games did or even game of thrones. But even if you do that, you need to do those back to back to back to back.

One of those alone is not gon na bring you all the way back up like you need to do that. I think they need a whole another business pillar. Um is there a chance of a reversionary bounce yeah, i'm just saying probably not all the way back up to its all-time high, especially when we're looking in the face of the fed, that's becoming more hawkish so and also bill. Ackman got out.

That was quite a bit of selling uh, quite a bit of selling pressure. I just generically the bigger picture of netflix. I don't think i would want to be an investor in it. I would actively trade it to the upside or the downside, because it has nice volatility, but to arbitrarily just be a long-term investor.

That's that's a no from me dog all right in terms of the overall market. You guys know what i'm gon na say all right. Actually, do you guys know what i'm gon na say? What do i wan na know if you guys are like starting to learn more about like the way i look at markets? What is my trade prediction going to be on the spy today who's going to be the first person? That's like dude. I know where he's going with this one.

What's it going gon na be, what's it uh che eg, he was close, close close close there. We go bigness gap, fill gap, phil gaffiel you folks, you're gon na bring a tear to my eye, and i told myself i wouldn't cry for the third time this early this early in this morning. You guys you're, getting it you're, getting it. 447.

57. You have a downside, gap-fill opportunity. Is it gon na fill today? I think there's a good chance of it, but even if it doesn't it's still a very valid play over the next couple days next couple weeks, even if we don't get that gap filled today, wherever it's going gap bills, they're easy place, they're, quick little things where You can feel confident, and i like it. Maybe you want to wait for market open for a little bit of confirmation, because things are still looking pretty froggy this morning, so maybe you're like okay.

I want to see a little bit of weakness before i put on the trade. That's completely fair, but the odds of the s p 500 trading back down to 447 57 are pretty high 100 guaranteed no but high regardless. So what i would do is, i would wait for open, okay, see what's going on. I would wait for a moment of weakness and i would make sure i have my risk in check and then i would try to play it down to 447.57.

But overall i also wanted to bring this up the 200-day moving average. We are battling at this. This there's a good chance that this will act as some sort of resistance. So that's right where we're at right now.

The 200-day moving average is a major major level that the people who represent trillions of dollars, investment in the market or watching right now, watch the reaction. If we stay above this, that's very bullish. If we get knocked at it. Well, that's still bearish, then, because we're under the 200-day moving average so make sure every so often that you're watching that okay and it's currently just tracking around just over 448 and a half which happens to be exactly where we are this morning.

So please pay attention to that in the nasdaq 100. The way we have this, that was just more of the put credit spread that i think, is still a pretty reasonable play. There's actually no gap opportunity on the nasdaq and we're still clearly below our 200-day moving average. This has been more of just premium burn, chop uh, it's really just chop city ever since april 11th, but even on this one, you still have that active gap fill up to 348.50 and then there's another gap fill still in play 359.93.

So this is actually a good example of. If you played this one on day, one it wouldn't have filled and to this point it still would not have filled. I don't want to lead anyone astray and be like, but matt said it has to fill on the first day. It doesn't, in fact it never has to we're just talking about the odds where is when is the edge in your favor? So on this one? It's kind of interesting because the queues still have two upside gap fills while the spy actually has a downside gap fill, and i believe, the small cap sector, it did, what was the high it has.

A slight downside gap fill a very slight one that i could just show you right there. The downside gap fill is 203.87. That's a baby one we're training at 204.06, so, like that's 20 cents. Basically, so it's a gap fill but nothing too special in the small cap sector.

Now, let's quickly go through some of these other ones. How am i, on time, solid amc kind of like the qs have actually just been going sideways for a couple days, not too much volatility. There short interest still just below 20 percent in terms of gme same thing, as amc just been going sideways, sideways, sideways, we'd love the breakout of 160.. I think we could see another push from there in terms of gme a short interest of same thing as amc.

Just below 20 now netflix we talked about that crxt. Yesterday i mapped out four dollars for you as resistance, and it ended up hitting 394., my apologies for being off by six cents. I wish i was perfect, but i am not so you're gon na have to just live with the fact that it was off by six cents. If you caught that had a crazy day, it could push again, but sometimes after, like a huge day like you're gon na need some serious, serious volume on this one to get like another crazy, repeat type of a day.

But crxt has some very interesting numbers and it's over texas on the threshold list. Super high short interest. Super high cost tomorrow super high utilization. It's a low float, it's a therapeutics play.

So don't be. Don't overstay your welcome in this one, but we were very close off by six cents on that one veru, i'm still betting against i'm looking for ten dollars and i'm looking for that to break down, and maybe a gap filled to 455.. It's going a little bit slow for my liking, but i'm still betting against viru in terms of uh. Other people have been talking about vrqs.

Honestly, it's looking good. It gained 31. Yesterday, it's up another 14.4 right now. The only reason i'm really not playing this one is because i don't like penny stocks, but if you're in it i mean this is a beautiful game.

There's a lot of momentum. It's looking good, it's just not my cup of tea, but obviously, if you guys want it up, if there's enough of you trading it uh, we could put it up because airlines are most likely going to move the same this morning, so i'll throw up brqs right Here, just because a lot of people have already been dming me about it, not my cup of tea, i don't like penny stocks, but if you're in it, i like honestly wish you nothing, but the best i'm telling you don't get greedy bulls and bears eat. Hogs get slaughtered. If you have a nice percentage, gain, there's no harm in locking it in you made money, that's the point of being in the market, and last but not least, i want to talk about a tyrion this one uh.

It ended up not being able to hold at seven which was resistance and since then it's just been getting hit. Could it make a reversion? Yes, but remember we were talking about red flags. After these types of pumps, this is a serious red flag. I called out 5 30 to you yesterday the fact that it went below 5 30 closed below 5 30..

I am now watching 389, which yes is obviously another gap fill, but the rsi like it was just simply overextended. You have a serious red flag here, a tyrion, i think the case right now in the short term, it's a stronger bearish case than it is a bullish case just because you violated the most recent low you broke support our size overextended. The volume is coming down. This right here is a bearish looking chart uh, so i just wanted to give everyone a quick update on that one, a tyrion for me.

I have no position. We are about to get rocking for the day. Uh we're gon na watch the opening for the first 10 to 20 to 30 minutes and in that time frame let your questions fire fire fire fire uh. Some people are asking about mullet.

How is mullen doing this morning, it's up 16 mullen um all right! Well, we'll watch mullin. I don't know why mullen's not on my watch list right now i'll move this up, so you guys can all see it mullen mullen mullen mullen mullen mullen all right. There's mullen ding ding, ding ding. The casino is open all right.

Let's get rocking, let's watch this market open. We have a smorgasbord of equities. To pay. Attention to today should be exciting, exciting, exciting, exciting, hey moon, gang jiao, jay pal speaks twice today.

11 a.m. 1. P.M, so don't get caught lacking. Thank you.

I very much appreciate that reminder if you guys want we can stream longer today and we could stream j pal's speech at 11. I have no problem going uh extra half hour extra 45 minutes. I do have an interview. I need to do at noon noon.

Yes, noon, um, but so i have some time all right: spy, looking good, aal, prqs doing its thing up. 16, i'm expecting volatility volatility. That's the name of the game today and if there's some that are like moving and you want them over on the right side. Right here in the watch list, please let me know if you just like kind of want to be able to see like where something is or isn't at.

Please just let me know and i'll happily do it happily, happily, happily um. This is not a market. This is manipulated casino, where the dealers can see everyone's cards and kitschy as they like um in certain cases. Yes, but not generically, because, for example, the big players lost a lot of money on netflix.

If they could have like manipulated it, they would have run it back up. So it's more of in circumstances, there's very particular circumstances where they can do what they want, but to generically influence every single stock every single day in the exact direction you want uh. It simply takes too much money. You you're gon na find it in cases that are like in individual equity, with certain other things going on, and i think that's where you're really going to see more of manipulation.

Have i given up on amc? No, it's just not moving. I showed you charts the short interest numbers and the or text numbers for amc and jimmy haven't changed much and the chart recently has just been going sideways. So if it's going sideways, i don't see the harm in making money in other plays uh. This might be surprising to apparently some of you in the chat right now, but us watching amc and jimmy does not make amec and gme move.

If there's news, if there's volatility, i am more than happy to hold it up, i'm still heavily invested in the two of them, but in the meantime, let's watch the movers. Let's make more money, there's no harm in that this concept of going all in on amc and gme. I just don't agree with it. That's not how you should be engaging in the markets.

You should be watching various plays learning about various aspects of the market. I mean yeah brennan, i agree with you. You don't really need to watch paint dry, all right, aal, actually not really moving that much amc decent push 1.6 gme up, one percent crxt is up 22 mullen up. 14 is united and united is the one that's moving.

This morning, with the s p 500., what else we have lucid moving pr or qs going to blow today? I hope it does - i'm not in it but like for i know many of you are. I would love for you to all make money all right, tesla or tesla's bouncing back, but the spy is just ripping. Let's do a quick check on twitter just because that one's been a crazy one lately also pushing uh, but it's only a point. Six percent, but the chart is looking nice, the tech sector, 347, 42 uh, actually speaking, is that wins at scaphill the gap fill on the queues is 348.50 uh.

That's the first gap fill on the nasdaq 3. 48. 50.. 348.

Why is this not marking? 348? That's the first gap fill on the qs brqs. It is perking up a little bit the spy, nothing but green. Thus far this morning, that's crazy, all right getting smacked just below 450 key technical and psychological level, but overall these indices are looking strong. Tesla went down.

I guess over ten dollars now bouncing right back up united still looking strong brqs trying to do its thing up 20. On the day, thoughts on snap with earnings after market uh, i would actually love to put that off to all of you. I've thought about it. A little bit and i'm i mean the market's green, which you have to consider, but in terms of snap, like i just don't like who uses snapchat anymore, i was just on it the other day for the first time in a while, like one or two days Ago and there's just so many ads, it's annoying like if i go through like just like some of the stories like they have way too many ads way too many ads and you can't really skip them uh.

I found it frustrating to the point that i was like. Okay, i'm done with it like. I think more people would stay on snapchat longer if they just didn't inundate us with those ads, like they're, just very, very annoying uh, my 16 year old, all the time teens use it. Oh did i just like age out.

Am i just like aging myself, i'm the only one, not snapping. Maybe it's just me drug dealers who snap, maybe it's just me and that's why i'm saying i want to turn it back over to you because like for me, i was like i'm just like. Obviously, not their target customer. How do they get? If i don't have the patience to deal with those ads? How do they get all these teens to use it then, like shouldn't, they have like less patience.

Why are these teens like yeah? No i'll, watch all these ads? I just think i don't know it seems like less people use snapchat than in its heyday. I feel like a little less than a decade ago, maybe like five to seven years ago. I feel like that's when snapchat peaked, oh someone called out yeah crypto is ripping uh, so if you're trying to get in on this, that's actually why i was happy to talk about ftx this morning. Crypto is looking juicy right now team juicy juicy um.

Actually, let me show you bitcoin in the daily chart. This is interesting right here, a big technical breakout. Obviously it's a question of if it will or won't hold. I want to see the reaction to 45 000, but right now i mean bitcoins, looking good to me.

Looking really good and that's kind of important for the whole crypto sector, because typically a rising tide raises all ships crypto stream. This week i know it's: it's been fun to stream crypto this week. Don't forget 2 p.m. Today, crypto cores, be there be square.

Uh amc up three percent: oh, that one's moving that one's moving all right. Let me know if brqs starts, really doing something. Well here i'll put br qs. We basically understand that america, like the airlines, are crushing it right now.

Um amc you're one going to watch 1820. Actually, the one that's at a big breakout level is gme. Recapturing 152 is a big deal uh and then for amc. You want it above 1820.

netflix still down it's negative on the day, but making a little bit of a comeback. So right here on spy, i don't know if it will play out this way or not. Obviously, i don't know the next bars, but when i was saying okay, you might want to pay attention for some weakness and maybe that's when you try to play the gap full well, it pushed push, push push then like a ball. It was thrown up into the air kind of coming back down.

Maybe you wanted to take a stab right there around 9 35 9 36. That would have been breaking one of my other rules. I very much like to wait those first 10. 20.

30 minutes. So i would have tried to been a bit more patient, but maybe you don't personally have that rule that would have been your opportunity to try to play the downside gap. Fill don't forget for those of you who are just joining in with us today. Pal is speaking twice one at 11 a.m and then another at 1 p.m.

The 11 a.m is more of like us, the fed in the u.s are we doing a 50 increase like that type of stuff our economy and then at 1 pm, it's with the imf. So that's a little bit more of like a bunch of important central banks throughout the globe. Ater is running ater on the move uh if it can recapture 5 30 that's kind of a big deal. I hit that, like so hard pluto became a planet again.

I appreciate that yeah. If you haven't already uh, it would be awesome if you guys could help me out by hitting that like button, let's see if we could jack that up over a thousand but more important than that um, there has been some people and this seems to happen every So often uh people are like dude. I don't know. What's going on, i'm not getting notified about your videos uh.

I thought i was subscribed, but now it's telling me i'm unsubscribed. I've asked youtube about it and they're like nope. We don't we don't do that. We don't underscribe people and i'm like well.

Why did hundreds of people tell me that they were unsubscribed? Why are people who regularly watch my content telling me that they're not getting notified? It's not getting pitched to them and like nope, that doesn't happen either. So i don't like i've asked youtube about it. They just tell me to go suck it. I i don't that it just is what it is so just double check.

If you see on youtube a red subscribe button, we'll click it and it should turn gray and then on rumble. If you see a green subscribe button click on it. Basically, if you see a colored subscribe, you should click on it and then on both of them. There's an icon that you can click on that and set your notifications to always so, ideally, what i'm told is, if i ever make a piece of content, whether it's a live stream or if it's like an uploaded clip that you should theoretically be notified.

But i don't know it seems to go awry same here. No notification yeah some people. It works fine for like, for example, butt stuff 24 7 watching for over a year never had an issue and then other people were like. I ran in right below it.

I unsubscribed for about five months. Like that's what i'm saying it i don't know i am subscribed. I hit a like on every video and i don't get notified anymore. Yeah like i'm.

I don't know what's going on, all i can do is hang out with you guys have the good vibes and hopefully the algorithm or the software fixes itself. All right. Amc pushing watch amc about 15, more cents, watch that 1820 level uh the fact that jamie's holding 152 - i like that. That's a nice technical hold amc, a couple more cents to go 20 more cents to go being oddly slow in this update.

Can you play when biden talks is biden talking today? Pal is talking today, uh, i didn't know if biden is talking, but we yeah i'm more than happy to stay around for a bit more with the pal speech, diego. What's the join button, that's to become a member, you should definitely feel free to become a member. But if i'm being honest like, i think, there's more value in becoming a member on locals, because that's where i post, like my trades and other people post their trades and we actually just did our first live stream over there on locals last night for the tesla Earnings nick gaming - i am subscribed too lazy to hit like always get notified. I understand it.

It does take quite a bit to hit that like button. I don't i don't blame you do. I know what's going on with sofi so far, most likely kind of getting beat up yeah. That makes sense so far so as they continue to extend uh the loan payment moratorium or whatever it is so fi is going to get more and more beat up and it just hit a new all-time low.

There is a bit of bullish divergence, but it's really hard to fight this brutal trend. I mean it went from 24 all the way down to seven uh amc coming up to that resistance level, we'll be able to go. Let me just quickly uh a tyrion. Looking good just watch that 530 br qs how's this one doing giving up those early morning gains.

This is a good reason why i think people should wait. Those first 15 minutes. Does everyone have that rule? No, but obviously i think you could see kind of the whipsaw like okay right away. You would have been bullish and if you got in a little bit well now you're kind of late and then if you went against it well now it already bounced a little bit.

This is that, like the whipsaw thing i like to lit, play itself out and like i don't want to get whipped, that's why i personally have for me just a rule that one's not that common of a rule. I know people who trade right out of the gate and they're very good at it, but for me and my methodology i like to wait until about now and speaking of about now tesla's looking strong tesla, i think right now i don't know i don't know. I don't know tesla, i'm not going to take it, but i think right now, if you are looking for a day, trade or maybe not even a day trade, but a call and you just want to quickly collect 10. I think tesla right now, just picking a reasonable slightly out of the money strike, buying a call and whatever you get it for automatically putting in a price target of 10 percent higher uh.

I think this might have a push. Maybe it wants to test 1100, but i just see this higher lows. I see that the buyers are stepping in earlier than they did could be something worthwhile to pay attention to, or if you want you could wait till after pal speaks that's another strategy. Today is a little bit of an odd day, just because i think so many people are waiting for pal's talk that maybe you want to wait for him to talk before you do any trades today, because there could be crazy, crazy volatility.

Ronald should we hotel amc? That's up to you, um. I can tell you what i'm doing i'm holding my amc. I haven't traded amc or well. No, i did have a gme call recently.

I haven't traded any amc options now in months, but my stock, like i it's just sitting in public. It's really easy to just sit on stock. You don't have to do anything and then, when there's more volatility, if you want to do it, you could do whatever i'm not here, to tell you what is like, morally right or wrong. If you want to play calls because you think there's about to be a huge push, have at it, if you think it's appropriate for you to hedge, your account with puts have at it, i'm i'm not you it's your money.

You got to do what's best for you, but for me i don't think this is the ideal environment to play options on really amc or gme. So i'm just sitting on stock and when you're just sitting on stock, i mean it becomes comically easy. You don't have to do anything uh love to see robin hood under 11. Is robin hood getting lit up this morning.

It certainly is potentially heading to its all-time low of 9.93 wow, robin hood. What a fall from grace remember when everyone was telling us to buy it, as it ran up to 85, that that was something currently down 87 87. What a brutal brutal hit amc struggling at that 1820 level today, it ran up to 1807 uh the spy. Turning back around tesla continually putting in these higher lows higher lows, higher lows: gme, not holding that 152 level.

Unfortunately, there's a little bit of a gap that a couple minutes later was filled. You don't see that too often on a one-minute chart, brqs kind of coming down mullen definitely going down been nothing but straight selling. On mulling this morning, unfortunately, crxt even giving up uh just kind of chopping not doing too much right. There netflix going right back down what time does jerome powell speak 11.

Am it looks like there's enough interest in it that i'll just stream longer today, so we could all listen to jerome powell and that's in just over an hour. What else do we have? What else do we ha have oil going back up to 104 viru coming down? I just really need this to like seriously capitulate ual is still looking. Actually, ual is probably one of the best looking ones right now. It's up 11.3 percent and still climbing, who won the netflix died challenge um.

I actually need to go through that. There were a lot of good guesses, but i think some of them might have. I have to look into it. I need to decide how i want to particularly do this, but i will comment under the winner that they're the winner i'll do that today the president is scheduled to speak at 9 45.

Oh the president's speaking today, uh uh white house spy strong all right! Well, we could listen to the president. I have it up over here. So whenever i mean usually he's a good 30 minutes late, if it's scheduled for 9 45 he'll, be - i don't know - 10 15 10 30 is most likely when he'll be here just kind of how it goes in the meantime, let's see what the flow is for. This morning, so a lot of whoa whoa, whoa whoa 30 days out hue, a massive wall of spy, puts and then there's a whole nother set for 57 days out: 57 57 57 wow wow wow wow, um restoration, hardware, rh.

We have some calls on those. We have a mixture of tesla calls, puts test a call, tesla put tesla, tesla call back and forth on that apple calls and puts a little mixed bag. More spy puts those more for 29 days out, more apple calls and then a healthcare call. So a facebook call, what's what am i mainly seeing? I mean this one's pretty obvious.

Just this wall of spy puts for 29 days out and 57 days out. They are playing the may 20th and the june 17th against the overall market and other than that it seems to be a mixed bag. Thus far, the biggest bet of the day is this one: 2.95 million against the spy. That's the biggest one in terms of tesla, like i said, a mixed bag.

We're seeing calls we're seeing, puts interesting, stuff, crypto still looking very strong. The spy is looking good tesla. If this pushes, i would say, 1095-ish. That's probably like that little 10 play that i was referring to before that probably would have been able to lock in there.

So, let's see if that actually ends up happening united taking a little bit of a breather, but still obviously up quite a bit on the day american coming down: how's delta, looking delta, looking very good up 4.4 percent 4.4. Well now i'm curious, so we actually have three big talks today. So if the president's talking at 9 45 - which i know is seven minutes ago, he just hasn't started uh, and then we have two talks from pal interesting pow pow pow. What do i think about target tgt tgt? I was gon na, say bullish, but now it's almost been too bullish like it feels almost a little bit chasy and it's coming up to resistance.

There is a gap fill on it. I don't know what's in when its earnings are probably in the next two weeks um. I would be scared of chasing it just because it's already been such a run. I would be watching 263, but please be careful.

The rsi is already overextended. It's really tough to justify buying something when the rsi is already this high. It's one thing: if you got in like here on the breakout and like you're gon na run it up, but like i'm bullish on it, but i just wouldn't be buying it at this level. It's just you're late to the party.

It's not cool, to be late. To the party it is in real life, but not in the market. Spy bounce off of 450, very good chance of it key key level. Uh someone was just asking about the amazon stock split, it's not a 10 for one at least.

I don't think it is. I thought it was a 20 for one yeah, i'm pretty sure it's a 20 for one stock split, not a 10 for one. I hate how cinnamon toast crunch slices up your gums like you're, chewing razor blades. I think that's actually a benefit of it.

I love cinnamon, toast crunch. Nothing like a bloody mouth for breakfast will tesla be doing another stock split. I believe they are putting into a shareholder vote. I don't think it's technically confirmed.

How do you know when it's too late to get into a stock? Typically, i don't want to play it in a direction if it's already been moving in that direction quite a bit. If i see a stock like target, that's been green, green, green, green, green to the point that even the technicals are now overbought. Well, i like you, could try to buy and you might get lucky. I just personally think that the odds are not gon na favor you uh, so just to verify my 10 amazon shares will turn into 200.

Yes, but it'll be at roughly a 20th of the value, so capital wise you'll still have roughly the same amount investment of a total money. Like let's say you invested a thousand dollars. Your total investment will still roughly be a thousand dollars because you'll have 20 times the shares at a 20th of the price good entry on brqs uh. I don't, i wouldn't enter it yeah, i i don't think they're it for me, it's not um.

I don't. I think i think it's fair and i'm trying to think if i've. If i've read any studies about this, i think technicals work even less. On penny stocks, i just really don't like penny stocks.

Um i've tried to trade them for a couple years of my trading career and it just was bad. It was just always losing money losing money losing money. I just don't like penny stocks, if you're in it, i hope, you're making money. I mean it's up.

12. It ran a crazy amount yesterday. I just don't want people to get greedy uh, so if you think the trend's over lock in your gains, if you think the trend is going to continue well ride the trend, but don't just arbitrarily be like hey, i know it's looking weak but like i just I'm gon na will it to go higher yeah. That's that's probably not gon na happen.

If matt's not buying, it means it'll rip to two plus. I hope it does. I hey if you're in it, i i'm not against it. It's just not a play for me.

Like at a certain point, you realize like what makes you money and what loses you money like so, for example, if i know i lose money all the time trading tesla and if i lose money all the time trading like penny stocks. Well, i need to cut at least one of those out, and i like trading tesla and let's save some money by me, just not trading penny stocks, so, if you're in it i mean i have nothing against people actively trading it. I just want you to understand. Like the world you're getting in and still always respect your risk and reward that type of thing, hey, matt, your duck, feathers are looking good today, hey.

I appreciate that. That's very kind of you all right, prague, let's see how that one's doing perrog hanging out above the dollar i'll take that amc got smacked at that 1820 level. Back down to 1760. gme smacked at 152, bound to 149.50 netflix, still kind of dying off veru.

It's dying off, but it's a little bit too slow. My expiration date is may 20th on those puts, but it's just a little bit too slow. I need it to die faster, tesla. Obviously, clear trend, change, watch how tesla on an intraday basis reacts to 1074..

Is the president's still not talking uh, i don't know what's happening there, but we're still awkwardly waiting on that one still awkwardly waiting on that one. What else do we have? Okay? So we went over the flow. Oh, we got some cruise plays coming in facebook. A little bit of a mixed bag, a google call, an amazon call, more spy puts ooh uh.

Some snapchat puts coming in for eight days, so they're playing the earnings and a little bit more of a reaction to that, actually even more snapchat, so 200k. There another 100 260k there so about just under half a mil being bet against snapchat for its earnings today, at a minimum at a minimum tesla coming back down all right, how's snap, looking as it's going down it's down 0.4! So really not much but we're seeing some money, betting against it robbie.