Uh, oh my so mum, oh howdy, how's, it how's it going how's it going uh! Well we're here to talk about the market and our feelings and relationship, advice and space travel and cappuccinos and lattes and ned and chair it's gon na be another fun-filled day. You know some days when you're in the world of content creation, you wake up and it's quiet, quiet, quiet and then some days it's just you get blown up with something like you. Just your dms are through the roof. Your notifications are through the roof and today was one of those days, and it seems like it relates to something that the sec recently did.

So i want to dive into it. Everyone is losing their mind over a video that the sec just posted, so i haven't seen you yet to be completely forthcoming with you. I wanted at first i was about to click on it. I was like, ah, let's see what everyone's freaking out about, but then i was like.

I want to share the experience with all of you in real time, so i plan on doing that. We'll do it like right after the bell opens, but everyone's losing their mind about this, so get prepared for that. I want to talk a little bit about the overall economy, because yesterday we had the meeting with pal and the president and then also even uh, janet yellen. She was talking just like hey.

I think we got this like inflationary thing wrong, like it was transitory when we thought it was, but now it's obvious we were wrong about that. So i want to dive a little bit into that and then we got to get into some stuff. That kramer's been saying lately and really overall, just get prepped for the day. Um yesterday seemed like we've been on a nice trend.

Yesterday was a stall out day, uh just kind of not much of a trend in one direction or the other a little bit bullish. A little bit bearish, depending on what you were weren't paying attention to. So i'm hoping that a big trend resumes today and in terms of the overall market i'll be laying out those levels. And then, if you have questions about an individual stock, we can basically do some.

I guess rudimentary technical breakdowns to ideally identify some better levels of support resistance and have more of a solidified trading plan before we get into all of that, though, shout out to today's stream sponsor i'm talking about attendees, this is 100 free. It's been to the top of chat. You can download it. You'll get free options, flow you'll, get free social sentiment analysis.

You can see. What's going on on the subreddit wall street bets a lot going on there and recently they've obviously have a little bit of stock pile of cash and they're doing some giveaways. I will be finding out today if we're going to be doing another giveaway uh, i'm i'm sure that they will. So if you want to get, i don't know into this group, it's a good app, it's 100 free and then, if you want to increase your chances of you know, we've been doing some 500 giveaways.

I heard some rumors in the background that they want to start upping that in the future, but we just got to raise the stakes higher and higher and higher. So if you want to be a part of that at all, once again, it is pin to the top of chat. It's in the description of the video and the name of the free app is called attendees, so shout out to them for sponsoring today's stream. Moving on, let's take a little bit of a sneak peek at what in the world is happening in pre-market right now, so the s p 500, it pushed all day sold off and it closed and right now we're seeing a little bit of bullishness same with the Queues same with the russell and oil going up to 116 right now, man, it being above 115 it.

I really think it's in danger of just popping at any second quick update on my oil play on oxy, i locked in a very, very small profit. Yesterday. I closed my whole oxy position and the reason for that is: there were some rumors that with opec and the us they were going to release more oil. I was like okay: are they going to smack it this time and just kind of dump a new supply of oil on us bringing the price down? So it's a little bit worried just because it's more of a political play, you never know what they are or aren't going to do.

Obviously, as of now, i wish i at least swung it to this morning, so it was a little bit early but hey you can't cry over spilled milk and it's really not even spilled milk. It was a very, very small, gain, um and i'll. Let you know if i re-enter into some sort of energy petroleum type of a play, but i'm still rocking the rawru puts the tesla calls and the amc calls right now in the options account and the futures account is completely completely flat. Speaking of that i'll, let you guys start to vote right now.

Uh market you're not voting on the market for the day, you're voting on for market open. Are you voting green? Are you going to vote red? Let me ask the community there. Oh also, how are things looking today? How are things pot, i'm now going through restream and i'm not going through stream labs? So i tried a new streaming setup and i just want to make sure that it's crystal clear, uh obs. Apparently, i only need seven megs up right now, we're not losing any frames like as of now.

It should be crystal crystal clear: are you guys seeing that? Is it crystal clear for all of you? Let me double check. What's going on here, uh rumble looks good. Intro was a little sketchy, so the intro is sketchy okay, so on rumble, if you guys could just like give it a quick reload on the page uh, but yeah we're going through restream now, and if that one doesn't work, then we'll try stream yard. I have a whole list of things that we're gon na try before i lose my mind um, but i appreciate that all right.

So, as you can see right now, things are pretty green to close out the week and well no closed out last week and then also the month of may. U.S stocks fall amid inflation fears, but the dow in s p, 500 and a volatile month flat. So one of the tools i like - and actually i just found an even better one - i just need to actually get the subscription purchase for it. So, in the meantime, we'll just use this one.

I just like to remind you where we are in seasonality. Seasonality are some of my favorite trades so now that we're kicking off the month of june, we are right here so june has a little bit of a bullish, push then an awkward dip, and then just so you know the latter. Third, the final third of june is pretty bearish. I just want to remind everyone of that.

So basically we go bullish for the first two thirds bearish for the final third of june. This is information over the past two decades of the s p 500. Does it always play out this way? Absolutely not absolutely not, but it's just some of the seasonal influences. What gets me kind of excited is basically, when you get to the end of june, pretty much till two-thirds of the way through september.

You have a nice bullish. Push so we'll definitely be looking to take advantage potentially of this little sector here end of june to these two thirds of the way through september, so just wanted to quickly remind everyone where we are in the world of just seasonality. Once again, it doesn't always play out, but it's nice to know the influences and that's information from the past two decades and then there's other data providers where you could go even further back, but there's not really major major differences. Of course, you're gon na have some nuances of the peaks and the drawdowns and that type of stuff, but overall it's gon na be uh pretty much.

I don't know in line with all the other data providers early this morning: dao s, p, nasdaq, green, green, green oil up to 116 above 115. I think out of nowhere, it could explode truly all the way up to the mid to higher 120s. I think oil, petroleum ready to pop you could play that through the futures market you could play through oil fields. Uso, you can play oxy, you can play exxon, you can play chevron, you can play devon energy.

The list truly goes on and on and on so yesterday, one of the big political things that was going on was biden, plot's inflation fight with fed chair as nation worries. So this was a chat that went down and i just kind of want to give you the highlights of it. President joe biden plotted inflation fighting strategy tuesday with the chairman of the federal reserve money printer goes burr, also known as powell, with the fate of the economy and his own political prospects increasingly dependent on the actions of the government's central bank. So remember that the odds of getting re-elected when the economy is good when the stock market is good is exponentially better when than when things are that's.

This is one of the most common patterns we see in elections is that the stock market is good re-election. Chances are pretty pretty high, so keep that in mind when we know that president joe biden's own political prospects are increasingly dependent, they said it themselves, but then fast forward to this, this is from biden. My plan to address inflation starts with a simple proposition: respect the fed, respect the fed's independence. To me.

That's a natural contradiction. Is he really going to respect their independence when he knows his re-election is strongly going to be based on how good the stock market is or isn't so? This to me is political, pandering, you're, saying the right thing when you need to say the right thing. It's obviously a very serious issue. I mean the last time you filled up your gas tank.

The last time you paid an energy bill, your rent, all that stuff it's going higher and higher and higher and i'd be willing to bet that your paychecks aren't really making up that difference. For you, it's a very serious thing, impacting serious people so, like i, i hope that they resolve this sooner rather than later. It would be like almost insane not to uh, but for me this is all a political play. This is all hey.

What can we do? You have one guy attempting to fight for the economy, who has been nothing but wrong about the economy over the past two years and then another guy who, i would argue, cares about the economy through the lens of how do i get reelected and it's one of Those things okay like at the end, is he doing what's better for us. Well, maybe i guess, like we'll find out time will tell it's easy to be a monday morning, quarterback, but i do find it interesting of he knows. Re-Election is dependent on it, but then he's saying he's going to stay out of the way of the fed. Also yellen was speaking yesterday uh secretary of the treasury, and she was saying: oh yeah.

We might have been a little bit wrong about inflation, so we're seeing quite a bit of back peddling now on the international scale. Russia's central bank says it's open to using cryptocurrency for international payments as a way to counter western sanctions. So recently, we've been talking about payments, interest payments and defaults and all that stuff and trying to force other countries such as denmark to actually pay in the ruble or they're going to cut them off. Well now it looks like they're looking to the way of cryptocurrency which, let's see if they are allowed to, do it not allowed to do it, let's see if they figure it out, but just wanted to call that out to all of you hard to believe.

It's actually happening so a bit of good news shanghai to lyft covid lockdown. This will have positive global ramifications. The fact that shanghai can open back up that's going to have a lot to do with china's gdp and really the global gdp if they can get rocking, because obviously quite a few workers there quite a few factories so with them getting out of their lockdown uh. Obviously, we're hoping that quite a few companies can re turn on their assembly lines and kind of get rocking again.

So this is a piece of bullish news not only for our market but really global markets. Mortgage demand falls to the lowest level since the end of 2018, even as interest rates ease abyss. So right now we know if you've been looking at real estate, whether you're trying to buy whether you're trying to rent the real estate market has been incredibly hot. So it's not one of those things that we've like plummeted.

It's just we've come off of our peak a little bit, so i want to really like emphasize that, like home, prices are still extraordinarily high, rent is still extraordinarily high. Is it taking a little bit of breather yeah okay mortgage demand like the appetite wasn't quite there, but before that we had insane fervor so okay, the question is: is this a little gully and we're going to rip again or because of some shakiness and caution in The market are things going to come down to what quote-unquote would be referred to as like reasonable levels. Uh applications for a mortgage to purchase a home fell one percent last week compared with the previous week. Volume was 14 lower than the same week.

One year ago, prices continue to rise because there's still little supply on the market, but different tiers of buyers are seeing different pictures so a little bit of like taken away from the insane story of real estate. But overall, things are still considerably high and a lot of it has to do with a lack of supply. The party is over chief economist, who called the 2008 housing bubble warns that home sales will continue to drop as demand gets crushed by rising mortgage rates and says home prices are vulnerable to a near-term decline as a result. So the thing i want to drive home here is this part about mortgage rates.

We talk a lot about rates and the fed raising the rate when the fed at the fomc meeting the federal open market committee they're talking about the fed fund rate. Basically, the interest rate that's going to be paid from banks, loaning banks, money, typically in the overnight session. This does have the trickle-down effect to eventually, if those rates are going up, these banks start to ratchet up the interest rates of everything else, including mortgage. So when we're talking about the fed raising rates, it's not directly related to mortgage rates, but it is indirectly related to mortgage rates, global stocks, trade cautiously, as inflation worries niggle and as investors is this one of the worst typos i'm just reading this right now? Is this, did they mean business insider cut it awfully awfully close? I think they mean wiggle holy it.

What is going on at business, insider dude, someone needs to like proofread their titles. Let me see if i can fix this for them. Oh man, let's give it the old, fixerroo, uh wow global stocks, trade cautiously as inflation worries, wiggle, wiggle and as esther's way russia shut up from opec deals. Sorry i feel, oh, i feel like anchorman will ferrell ron swanson.

He just reads: what's on the teleprompter? Oh man, all right, uh, sorry we're getting distracted early today, yeah um! Well, things are a little bit suss right now, but as i've articulated over the past week or two, i think we're going to be experiencing and we've kind of already seen the start of a bear market rally. I think we continue higher in the short term because i think some of the shorts, the bears that were late to the party, are going to get squeezed out overall, i do not think we've seen the low of 2022, yet i do think the market's going to Continue downward but in the short term short term i do remain bullish. I think we are going to see a continuation of this bear market rally. That's just my own opinion, i'm not a financial advisor.

I can barely read. I definitely can't tell the future. That's just where my mind is at right. Now: insider stock purchases are at the highest level in more than two years, potentially signaling a market bottom.

So my reasoning and bringing all this up is all the headlines are back and forth. Some people are calling doomsday we're going to bottom. This is going to be the most catastrophic thing ever and then you see, insiders are borrowing, and this is happening and the housing market is going down like every other headline is just the opposite, and it's just spewing. Bullishness bearishness, and it just shows that these people who allegedly know about this world are not in any way in consensus.

Right now, there's a lot of opinions and they span the entire gambit, and my point right now is: if you're feeling like your head is spinning and you're. Like i don't know, if i should be bullish, bearish neutral, i don't know what in the world is going on well you're literally of the same mindset right now than pretty much all of wall street reporters media, because that's all they're doing i looked at the top 10, things to know before the market opens today on business insider and i think, like five, six, seven or maybe six seven and eight we're all the opposite of each other stocks. Going up stocks going down stocks going up - and my point is - is like these media reporters they're they're as knowledgeable about this thing as i am - and i don't know about this, but i need to share something with you and before i was pretty strong in overall. My opinion that we haven't seen the low of 2022, like i said, bear market rally and then i think we're coming back down, but that coming back down thing, how strongly do you hold that opinion? You know, that's something you have to ask yourself well this morning.

I got a little piece of information that made me 110, confident that the market is going to continue to sell off most likely this summer charts suggest it's going to be a very nice summer for stocks according to jim cramer. I am now confident that it will be a brutal, horrific catastrophic summer for stocks, so i know a lot of you. Maybe you had a little bit of a green glimmer in your eye. Maybe you felt a little bit more bullish than bearish, but it's probably time we break back out our panda suit because jim cramer, basically just ruined the summer for all of us, so i wanted to share all this.

It came out yesterday, uh, i don't want to be the bearer of bad news. Remember i didn't say this uh, i'm just the messenger here: do not shoot the messenger but uh. Whatever your summer plans were it's probably now going to involve some red in the charts. So i just felt the need to share that with all of you, congressional investigators find substantial reason to believe republican, reps, pat fallon and john rutherford violated a federal stock law.

You know, in fact i want to come back to that. We're going to talk about that. In a little bit, because i'm sure a lot of you are curious about the new short interest being reported for amc, 22.9 costs borrow 11. and in terms of gme 28 costs to borrow all the way up to 206, so 28, 23 respectively.

But jamie's cost. To borrow is going through the roof, in fact, let's bring those up right now, uh the spy looking good q's. Looking good. Like i said i still have those tesla calls.

I didn't get rid of them yesterday, because i was really unhappy with how things concluded on the day, so i don't know why we're not seeing more of an exciting push right now, just because the queues are looking so good. So i don't know: tesla's really been messing with me lately, uh anyway, overall market. How are you guys voting 63 of you said bullish for open. So that's how we're gon na go today.

Uh anyway, the q is looking strong amc. How are we doing in pre-market? Unfortunately, amc is actually a little bit red in pre-market right now down by 1.5 uh oil. Looking very, very strong, i think it's just a matter of time before oil pops. I just got a little scared with my position.

I didn't know if, in the short term, opec would just be dumping more oil on us um, but right now, gme also down a little bit. One percent and amc is down 1.5, so let's see how they do out of the gate. Like i said, i have my amc calls right now, so i would love for that, particularly to explode today. Um tesla calls.

Actually, where are all these positions? Let me double check, threw up a new monitor right here to ideally make it easier. Amc calls tesla calls, veru puts, are the live options, uh and then futures are flat, but that's going to be going uh the position, i guess i'm buying at open, because that's what you guys all voted, um it's supposed to be niggle niggle is a word. Are you guys getting me to holy? It is a word niggle cause slight, but persistent, annoyance, discomfort or anxiety, a trifling complaint dispute or criticism. I don't know i just feel like.

Maybe we should retire this one and hey. Sometimes you just get caught up in the wrong place at the wrong time, and this is one of those words that hey it didn't technically do anything wrong, but we should probably shouldn't you know like just wrong place wrong time. We get it. This word itself not a bad word.

I just think it's cutting it a little bit too close guilty by association. Oh man, it's just retired anyway, uh the youtube bot will strike the channel. Well, technically i mean it's not technically a bad word. Oh, never a dull moment, never a dull moment.

Oh man, oh man, oh man, oh man, all right! Where were we uh? It's a very british term? Oh wait! Do we have any of our viewers from over overseas over the pond? Is that is it more popular in britain matt? I haven't heard you in a few months due to work here is the super elite. You know, i still appreciate all you did dark horse, hey man. I appreciate that. That's so kind, i'm sorry that your work is keeping you from me star, cross lovers.

If you will star cross lover, it's the other edwards. I happen to be a brit uk here. Yes, it's very common over in england yeah. We don't use that in the u.s.

Like at all, i think this might be the first time in my life. I've ever heard of the word very common in ireland, see this is the life of a content creator. You just never know what you're gon na learn amc's acting. So strangely, it's pre-market.

How is it acting strange uh, so the gmd gme dividend meeting is this week and executive orders friday are both going to immediately affect amc, stock price uh? I maybe has a sympathy play, but like there's, no going to be the only way it would affect amc is if g-mean goes up or down, there's a chance. Gme could bring amc with it. You use it in canada because we can speak proper english to save our lives. You might be on to something you might be on to something all right.

These comments, i think one of you is going to get me in trouble anyway, moving onward. Where are we? How do i get the right chat, bot open so on restream? There is an interesting way. I think i could show you guys all the chats put together somehow and let me see if i could figure that one out no upcoming events, the bitrate is good. All right we're doing that.

Everyone is i've gotten so many dms about the sec's new video. It only has 8 000 subs uh they've gotten probably demolished in their like and dislike all right. Let me get the rumble chats that i'm ready to rock today i have. I just have a good gut feeling about today, and i i shouldn't have a good gut feeling about today.

No lie um. So this morning i was letting ned know what you guys were saying about him in the ned versus chair video. I was like hey like ned asked me he's like hey like did that video go up um, i i was like i was like do you want to know like the internet's not like a fun place, especially for various cacti, like yourself he's like, i want to Know i want to know, and then i read to ned what you guys said about him and it wasn't good uh. He actually jumped off that this morning dirt and his like little prickly things got everywhere.

It was brutal, it was, it was absolutely. It was a brutal morning here in my in my in the nasa studio. There was quite a bit of turbulence quite a bit of turbulence this morning, uh scc video makes me so angry interesting calls out uncle bruce and you it called out me personally, like imagine that, like imagine, if gary gensler comes like from off off frame - and he Sits down he's like you, matt coors, we're coming for you and he just like rips his mic off uh matt. Why would the ask for amc be steadily set around 85 throughout the day? Is that durable for that to be that much higher than the current price? Uh nick, you would have to say where, because it isn't, i'm looking at the ask price for amc right now and it's 14.05.

I don't know where you're seeing the ask is at 85. it sounds like you're just getting poor data. All right hang on for one. Second uh: let me get this over here.

We have exactly one minute to see, so i switched it up instead of doing it on the s p. 500 features, as you can see up here. I now did it on the nasdaq 100.. You might be asking matt why'd you do that.

Well, it's a lot more volatile, a lot more volatile, a lot more money in here, so we i want to see how it goes. It's either gon na like cause this account to blow up so we'll just put another one on the like list of the infinite amount of counts. I've blown up, or maybe it's gon na work, and maybe this algorithm works better. The algorithm with you our little hive mind: maybe it performs even more strongly uh on higher volatility.

You never know you never know you never know. Let me get all this ready. We are gucci gucci gucci on the day. Whoops.

Oh i'm ready all right. The position should be filled right now, order filled. Why is it only going for 490? I wanted it to go for 500. order filled all right, so that's in the market is now going to be opening in a hot second in one hot.

Second order filled. Let's see how we do, let's see how you guys are at market open, whoa data disconnected. Did i lose you guys having a problem with tradestation team uh? Oh, did i lose you guys already what is happening? The casino is open uh. What the well my trade station just completely dropped, but i think the position is live.

Wait, so you see me we're not dropping frames. Tradestation just completely kicked me. Are you guys hearing all that weird sound? I don't know if i have a position or not i'm confused uh hello, close workspace, yeah about that tradestation. Just not working this m.

I love trading in the dark. I love not knowing. If i have a position or not, this is this is what this is. Really, where i i tend to shine, this is how i like to do things not knowing if i'm up money or down money, oh, send help, send help, send help, send help all right.

Where are we at? Where are we at? Where are we at trade station? Having some probs having some probs, i forced quit it yeah, i'm loading it back up boo, i'm getting messages on my watch, though it looks like we closed. Ah, we didn't get to experience it together. I'll just show it to you and we'll relive it, but i think we made another 500.. Let me yeah here we go here.

We go team, uh, disabled right here, okay, we went long at 9 29 and it just got filled so it locked in it was 490 for whatever weird reason uh, so we locked in 490 out of the gate. So here's the tray. Let me zoom in really quick, here's the trade, so we went long 9 29 got out at 9 32 and made just um 487 after uh those fees so that one's crushing it today, uh amc going the exact opposite way of where we wanted to, and so Is gme all right? That's not cool the cues how's red box, doing rdbx going to 685. uh tesla we're in the green tesla tesla tesla.

We are in the red on amc. We are in the red on viru and by we i mean me and you guys, my financial advisors um. Well, that's less than ideal mullen mullen's, crushing it love to bring up the ones mullin up another 10. I believe it had a great day yesterday uh something an announcement about like their solid state battery.

I believe i have no mullen position but hey if you're in it you're looking good, hey i'm in tesla, i'm in tesla. Let's do this thing: tesla, tesla, tesla tesla. What do i have on tesla june 3rd tesla 7.75, and i got in at 14.79? Hey that's good uh! Oh, that's! Not good! Oh hey! That's good! What the hell happened with tradestation. Did you see the video about the scc video about meme stock, investing uh? Not yet i want to react to it.

Live i really just wanted to see tesla's opening. I would love a continuation. Push uh amc not having the best morning. We're gon na react to it live we are going to react to it.

Live, let's go um. Where do you think the market's going to go at 9 40. qqq at hang on where's the at symbol? 9. 40..

All right! I need you guys to vote 9, 40, red or green, and then on rumble. You could just type it ask your community. Uh people are talking about either her eighterhater. All right vote.

Vote vote, get your votes in. Where is the old all right? I got you guys on restream, nothing. Yet! Oh, is there a little bit of a delay? Let me reload to make sure i'm getting chat in real time honestly, decent opening if the spy can hold 415, which thus far has been pretty solid. I would love to see the push of 4 16 17 ish just like where we saw some mess yesterday and then i would love that push up to like that 420 level.

All right, what are the q's gon na do? How'd you guys vote 52 of you voted green. What's your confidence level on that? One, hey! Don't forget to lick that like shout out travis good morning good morning, good morning, good morning, good morning, all right, amc down! 4.6! Damn what is amc doing today. It's going! The opposite way for my calls all right. Amc you got to push back.

Let's push to 14, then 15. Then 16. You can do it. You could do it little buddy, all right, 30.

All right! I got your votes. You guys voted green. I just changed the code. We should be good uh studies, edit strategies.

I think we are good. Did i write the code right now, it's going to run at 9 38.. Let's see, let's see how good you guys really are. Let's see how good the chat really is about knowing the tech sector, the nasdaq 100, this should be running in 30 seconds and also it's probably more on me.

If i wrote the code right or not, let's see, let's see, let's see, show me the money show me the money 20 seconds. 20. Second, options are a waste. How are options a waste? I am up 2 000 on tesla options right now in like i got them this time.

Yesterday, 2 grand in 24 hours, i'm like i'm happy with that, doesn't really seem the most wasteful order. Hey it worked. Hey the code worked. I should have told you guys that i'm being a little bit of a greedy and we're going for a thousand dollars just so everyone knows on this current trade.

I probably should have let you know about that. That's that's on me. I should have been a little bit more, i guess explanatory well, i don't like that uh and we also bought it when the rsi was overbought. Okay, maybe not our best timing.

Now that we're like really thinking about it, we probably should have like waited a second, but that's all right. That's not on me. That's on you not my fault, your fault or i should have waited to 9 40, like i originally stated because it looks like there's gon na be a dip buy, but hey amc is waking up uh. What's going on right now, what's going on with the spy team, why is the spy doing this what's happening? Amc is going up.

What's uh, what's happening, you're wasting your money on options for amc? Well, if you don't know how to play options, you might be, but if you know how to play options, you could be making a lot of money flip flop. What do you mean that, by that you're wasting your money on options for amc? You guys realize trey made a million dollars on amc options. How was that wasting when you made a million dollars unless we, maybe we just have a different definition of what's wasteful and what's not could that that could be it? Maybe maybe your definition is not making a million dollars, but i think that's actually like an amazing thing to do the uh the spy right now i don't understand mullen. Looking very good.

I must admit this is a solid looking chart at least right out of the gate out of the gate, let's see if it can push a dollar 64. tesla holding, but the spice did something just get announced at 9 38 awkwardly this morning. I don't understand here. The queue's coming down too uh yeah, not the best timing.

I wish i waited till that 9 40 mark to get in flip-flops wears flip-flops you're. Finally, asking me something come on dude what thoughts on pct wait? Why would i answer that when you're just saying random things against people? If, if people want to trade options, let them trade options like do you or you're the one who like pays their bills? It's kind of silly so like randomly have like a bad take like that. All right, we're bouncing amc, push push push push push push. I would love to see amc nice, technical breakout today it tried to get up to this trend line.

Got smacked would love to see a re-test of it. 1550 would be solid. That leads up to a tesla 16 and you never know what's going to happen after that, gme similar looking shape it's right now at that 125 support, we'd love to see that bounce and retraction up to 140. rdbx, showing some weakness hopefully can stay above 620.

nvidia. Looking strong, probably in line with a lot of these other major tech, plays probably looks like the cues right now apple, all right, all right, all right, tesla! I don't want to toot my own horn because i'm in the play but uh. If this thing can push 775 today, we might be talking about the high 790s, maybe 800, but that's obviously a big. If, because we need to go like another 10 bucks with the spy and the queues looking a little bit wonky, i don't really get what's happening.

Was there some sort of announcement? Is it getting crushed in the options market? The call premium this morning thus far and granted? We are only 12 minutes into the day. 62 is calls so being dominated by the bulls this morning for the overall market. This sell-off this like two-minute sell-off. It doesn't really make the most sense to me uh.

Unless was there like an announcement or something? Let me see if i can find like it's just odd timing. Um, let me see if i can find anything that makes it make a little bit more sense. Let me see, let's see clear sell-off, i don't know, maybe i'm being a little bit too optimistic. Russian foreign minister lavrov says there are risks that a third country could become involved in ukraine conflict due to supplies of rocket launchers.

That was seven minutes ago, which was roughly in time with this. So are they like re-stoking world war iii? Vibes concerns russian foreign minister lavrov says russia has difficulties exporting its great sanctions against russian vessels. U.S stocks extend gains nasdaq up one percent, the only thing i'm seeing that actually happened this morning. That, like was right after the market opened, is just commentary from the russian minister u.s taiwan.

Trade talks to cover customs facilitation, digital trade, labor rights in other areas. No that's a little too long ago. Don't know this is just something funky. Really i don't know.

I'm gon na remain confident. This doesn't quite add up to me and it's not really being traded that way in the options market 61 dominated by calls, but look at this we did get an interesting spy put wall. Then people are coming in and scooping up amazon and tesla, but then there's more spy puts and then there's amazon calls and more amazon calls and more amazon calls it's a weird day. Thus far, i'm really not digging this, but they do have some two days out.

One interesting day, a weird open to say the least, um short term, i'm still remaining bullish right now come on. Let's just get back about 4 15. amc having a good day for sure, i'm back to being down on tesla, we'll break even on tesla right now. Let's just hold tight, the let me know if mullen starts, pushing again like that dollar 62.64.

I want to throw up the qs see, what's going on with tech, uh amc having a good one, jimmy actually in the green gme pushing 126.. What a weird open all right well! Well, while we're waiting for the market to figure itself out. I think this is a good time to react to the video that so many people sent me. I haven't seen it yet, but i'm excited too and we'll see what all the hubbub is actually about this.

The video that was just sent to me by many many people this morning is from the sec itself, like the verified sec, uh, investmania, meme stocks, and probably because of that title it relates to a lot of retail. But the first thing i'm seeing and i actually saw the kind of sentiment already on reddit and twitter uh 30 000 views 200 likes, that's god-awful if they were showing dislikes. I bet that this video was disliked into oblivion. That's just my first guess, but let's give it a listen and see what everyone's talking about welcome back brad, it's your investment hang on.

What do we have here? It's like a game. Show stocks on margins stock ticks from your uncle crypto to the moon, tulip bulbs. Yo is the sec calling me out right here: are they trying to say that we shouldn't invest in that's uh, guaranteed returns, fomo all right, let's see what this confused looking guy does. I assume he picks meme stocks i'll take meme stocks, invest your investment julie, i'm gon na.

Do some research first well played julie. You can do research, so he picks meme stocks, which media called it and then we're so stupid that we get hit in the face with pie and like the whole thing is like. Oh you should. This doesn't make sense to me because, like the whole thing is like you shouldn't just buy meme socks, you should invest like that's the whole point of this other character right here, this woman, but what's funny about it, is this whole thing on wall street bet, subreddit, Keith gill aka like deep fm value, roaring kitty.

It all came about by an immense amount of research in immense amount of research and since then of realizing that gamestop had a massive massive short interest of 140 percent it. This wasn't just like we're buying it. We're buying it was. It was because of research.

So the fact that there's a pie in the face so stupid that it's just literally opposite of what played out in reality like that's, not how this came about it came about by, like many many people doing a lot, a lot of research. You can do research, investing is not a game. Always do your research before making an investment decision learn more at investor.gov before you invest investor.gov, so i mean that last part there like you, should invest or you should do research before investing and trading. I 100 agree with that, but it's more of the point of this is the connotation that, if you're in meme sucks, you've done no research and you're so stupid.

Hence the pie in the face which is like honestly just disrespectful and then, when you really think about it, so not only is it just like logically incorrect, but this is the sec. The sec is funded by congress. Congress is funded by us, so our taxpayer dollars like you as a taxpayer me as a taxpayer. Our money funded this and like what are they trying to get across like i just the message they're trying to get across, which is obvious.

Is that, like, i guess, meme sucks, if the only reason you're in them is because you've done no research and you're stupid? Well, it's like a double kick in the balls because, like i think, they're wrong on that from my like own personal opinion, but then i apparently also assisted in paying for this to get created, and it's just insane they're so hell-bent on talking about this, which once Again, i understand why it has almost no likes invested mania, meme socks, because there's so much more serious things for them to actually do. Let's talk about the duopoly of market makers citadel and virtue who, because of their like payment for order flow business model and paying for that order, flow from robinhood from weeble they're controlling 50 to 60 percent of transactional volume, they're for-profit players with a lot a lot Of power, in fact, you watch citadel as soon as they start controlling about 50 of the game like when they get over that that's when they pull their foot off the gas and like kind of let vertu pull up a little bit just so they don't really Get hit with being like antitrust rules and being called a monopoly. What about the opaqueness and ftd reports? Why does it take multiple weeks for us to get something? Why is the settlement cycle too long when so many people in congress right now are saying yeah? It's like comically long. What about all these things still related to bernie madoff and people getting screwed over like to me their particular house is so incredibly out of order and then they're like yeah.

Let's make this video like what the that's insane look at. What just came out, i have another article i want to quickly quickly share with you. Where is it right here literally just came out when, apparently, this video came out, congressional investigators find substantial reason to believe republican, reps, pat fallon and john rutherford violated a federal stock law? You might be thinking but matt, it seems like you just talked about political insider training yeah. I did because it happens that often, but thank the lord.

The sec is doing the best with their resources and making dumb ass videos like this one. Instead of taking care of arguably very serious moral, ethical and legal infractions from the people who are supposed to be making rules for us, this is insane. The u.s house's independent non-partisan office of congressional ethics has determined that there is substantial reason to believe republican, reps, pat fallon of texas and john rutherford of florida violated federal law and house rules by improperly disclosing their personal stock trades. So obviously this is against the stock act.

You know and remember like the sec should be looking into this, but you have to look into the reasonings for like why they couldn't follow the rules like it's hilarious, it's pure comedy or maybe you're gon na devolve into a fit of anger. I don't know it's a 50 50 shot anyway. Rutherford failed to properly disclose five individual stock transactions worth as much as 75 000 that he made in late 2020 early from, and this prompted them to look into it more and they realize, from the period of 2017 to 2021, rutherford had improperly reported 157 financial attractions, Valued between 6 point 652, 000 and 3.5 million, so he was doing it for years and years and years not doing it right. Fallon, on the other hand, was months late, disclosing dozens of stock trades during the early to mid 2021 era.

Together, they were worth as much as 17.5 million dude, both of you you're in congress. You should be serving your constituents. Instead, it looks like you're a degenerate on robin hood, ripping trades and then not even reporting the way you should, when you have up to 30 to 45 days to report it anyway. It's not like one of these things that, like these rules are overbearing, like i had a report that day, but i was doing this this and they have over a month folks.

This is insane, but the the reasonings for it are the best fallon refused to cooperate with the review by producing a limited set of documents and by declining to be interviewed. This non-cooperation undermined the oce's ability to verify the representative fallon's overall stock act, compliance and to fully assess the reason for his late filings. So one of the watch dogs who are looking into him, the investigators are like yeah. He just literally chose not to work with us and they're like it's kind of like a like a aw shucks.

We tried to get him, but he just didn't want to work with us. So like we don't know what to do literally refused to cooperate. Fallon said he thought he had disclosed the information annually, just as he had done when he was serving in the texas legislature, so basically he's like, but in the last job i only had to do it once a year. I don't know why, like you're so up my ass about my trades this year and the best part, is he he got caught.

Look at palin. Excuse me: fallon paid the late penalty paid 600 in total fines, so you're telling me for improperly disclosing trades that amount to 17.5 million dollars million with an m the penalty. After refusing to cooperate, you trade, 17.5 million worth of stock. You don't report it properly.

You are an important elected position. You refuse to cooperate with an ethics committee and then, after that, when you're, like oh shucks, i was you got me like dead to rights: okay, cool i'll pay. 600. So the scenario is the sec: has time to make videos like this, not only where they call out meme stocks, but potentially more aggressively they're, saying how you shouldn't be in tulip bulbs, which is insane so instead of doing that like well we're gon na do that.

Instead of taking care of issues, which i would strongly argue or much more severe like this, it's insane it feels it's so illogical that it could be nothing but a farce like it's so far off the reservation of logical thought of how things should run in a Civilized society that isn't just clearly ripe with greed and corruption and, like all this other, like just that happens in the political sphere, but right now, let's just let's make a youtube video. Let's, let's see if we can get hey, don't forget to like and subscribe. I'm gary gensler like subscribe catch me on tik tok later tonight. I don't know.

Let me know your thoughts in a comment below ridiculous ridiculous. Where are we? Are we bouncing back? Oh amc. Did bounce back, hey, tesla's, bouncing back i and subscribe i'm gary gunzler next week, i'm doing a co-stream with janet yellen. It's going to be really really fun! I'm trying to talk our boy trying to talk our boy, jay palin, to doing a hot tub stream.

Next week, i'm gary gensler, if you can get me to 500 subs today, there's gon na be a hot tub stream, we're gon na play. Who would you who would you rather with bernie madoff next week, be there gon na be opening up a patreon, crazy uh? Where am i at someone asking me to promote a gold stock in a twitter dm uh? How about go yourself? Okay, imagine if, like in some other universe, that this whole situation devolved in that way where gary gensler gets like way too in social media, and like cares about it like really really cares about it and then all of a sudden he's like arguing with some of The biggest tick-tockers about like this, like he's just getting caught up in the drama of social media that should be a sitcom hey. If there's any script writers out there, could you guys do that? Could you please write like a comedy, a dark comedy on an sec official who, like at first for their job, had to get a social media account but then gets way too into social media and, like once again reverts to their like middle school drama self. Gary twerking in front of the money printer yeah i like it like imagine seeing gary gundler, come on like uh my money, don't jiggle jiggle, it falls like he just starts doing all the hot tick-tock sounds.

I need to come up with a rebuttal show dude. I could probably do that this weekend. I have a green screen. I should come up with a rebuttal show.

Oh my god, you just gave me the best idea. Thank you. Whoever said that, who said that you have to come up with your own rebuttal show kevin sherman. Oh, i got ta get going on that script and figure out how to use a green screen.

Uh rebuttal show. I already have some ideas of how i would do it. I mean it. I like it wait.

If i do it, though i'm would some of you want to be like a participant. How can we pull that off? I almost want to do like a jeopardy style thing, so i would need like other people, and i could like host it all right, i'll work on something i'll get it i'll get it we're gon na figure it out. So good news and bad news. I'm up one thousand one hundred thirty dollars on tesla.

The bad news is i'm down one thousand one hundred thirty dollars on amc. So take it. How you want, i heard sherman merman he's a man he's a merm man he's a mom man, the spy. What is going on with the volatility today wait did something come out at 10 a.m because we just there was just a spike in volatility.

Something had to come out us s. P global may, manufacturing pmi at 57 versus 59.2 manufacturing pmi was lower than expected. Well, that's not fun s! P global u.s, manufacturing, pmi, manufacturing, upturn, slows amid cooling demand, surging costs and materials shortages just came out a mere minute ago. Cost inflation forecast since november 2020, business confident drops to lowest since october of 2020..

Damn business confidence drops to the lowest since of october of 2020. yeah, but if everything's so bad, wouldn't that be bullish for the market, because that means that maybe the fed will be a bit more dovish like as we get economic numbers were in like a weird Back like backwards world, where that could actually push the market up, u.s jolt's job opening 11.4 million in april. That's a lot of job openings, that's probably around two jobs per person. Looking for a job, it's a very tight labor market.

What else do we have going on it's gon na it's a weird day. This is a weird: are we in the upside down? You know we might be in the upside down um, wait. What the team team team team team team add suitability, my uh, the pelosi video i made yesterday. How suspect is this? How suspect is this? This is the pelosi video about paul pelosi's dui.

It just got hit with a flag. This one was hit because it was like i was using content that wasn't mine, so that makes sense because, like i, i don't own those tick tocks. But obviously, if you watch that video from yesterday this video is running limited or no ads due to content identified as not suitable for most advertisers, it remains fully playable and is edible to earn subscription revenue from youtube premium. So, basically, when you get hit like that, it means you're not making any money.

So basically i'm not going to get any of the ad money, because it's no longer it just got hit my producer literally just texted me about it and dude. That's why we, i wouldn't be surprised if they take this down. We knew we were like kind of poking the bear with this video, but we figured like it anyway, uh but yeah. Now they just rip the money from it.

Oh youtube: oh youtube: what will they think of next? That's funny, oh paul, oh paul, as if i'm the one who got caught drunk driving, how many views per dollar um. Typically. So it's called in the world of youtube. It's referred to as cpm cost per milli, which is an old old latin phrase.

That means a thousand. So typically you say: okay, this is how much you get paid per thousand views. So every chunk of a thousand the finance sector is a little bit higher than most other sectors like so, for example, if you're watching a music, video and they're running an ad on the music video, they can get like 10 to 30 cents per thousand views. Um and then there's some other ones like if you're talking about sports - that's, like i don't know, maybe in the range of like five bucks, uh and then finance is one of the higher ones it used to be higher like a year ago, and it was coming In at, like maybe 15 to 17.5, sometimes you had videos that you got 20 per thousand views right now.

It's sitting around ten is like the common cpm of like cost per milli um, it's like roughly around there uh, so advertising rates have definitely gone down and it's kind of funny um. If, when i looked at like a big thing of like everyone's, like all pissy, because i take super chats, i just want everyone to know. I never ever expect a super chat. If you want to send one in hey, i appreciate it.

It helps me buy things like ned. It helps me buy things like a green screen. Thank you. Thank you.

Thank you seriously. I like i. I cannot articulate that enough um, but it's so overblown of like how well people think youtubers do i'm in more of a highly paid youtuber sub niche. And then, if you look at uh, hang on, i could do.

I think it's on socialblade that it tells you all of you retry for live version. I did the math at the end of the year, so i like, i did it on like december 31st. If you look at all of my views and then how much i've made off of youtube per view, like imagine, if every single time you watch one of my videos, i was making just over half a cent per view or something like that. It might even been a quarter of one set um per view for, like the views that you get um, there's like a wild wild misconception of like oh, if you're on youtube, if like, if you're mad, if you're trey, like you made millions and millions and millions Of dollars you just don't it's just simply not the truth, um.

This is one of those things between like the work that goes in and what you do like.