They don't know i some light inside my mind. I wonder why i'm here sometimes it seems like. I can find a reason why, if you just oh, this is so oh brother. What a crazy day we already have and that bell didn't even go ding any ding.

Ding ding we're on the outside looking in and it looks like the casino is just pure chaos. It's a pure thunder dome. We have so much to talk about if you have yet to check out the pre-market. Don't do it.

It's bad! It's a bloodbath! It's bad! It's really really bad uh. The one thing that is somehow being spared in all this is redbox. I love what's going on with redbox. It is absolute hilarity to me uh, so we're gon na be talking about that.

But first we should talk about the overall market and kind of why. I actually think i might be the crazy person here and we all know i'm a full-on degenerate, but i think the play today might be to the upside. I'm just saying hey: maybe the bears are out of steam right now and we can play the double upside gap fill. I know just a thought, but i'm actually already positioned for that in the futures market.

I am long on the nasdaq 100 and i'm waiting for market open to buy even more long, just in waiting to see if the trend like actually is going to get a bit of a bounce. Is this catching a following enough? Yeah 100: it's probably not smart to try to catch a falling knife, but sometimes it's a really cool party trick and you say: hold my beer toss, the machete and let's see how this plays out. So that's pretty much my mindset for the day. I want to see what's going on in the overall market, i'm looking for the upside gap fill and then i'm looking at redbox rdbx for a full on squeeze before we get into all that and the craziness.

That is not only going to be today, but also this entire week, shout out to today's stream. Sponsor public has been with me for quite a while. I love it because no payment for order flow, no market makers, and on top of that, you can see that. Yes, i still have my amc.

Yes, i still have my gme to my knowledge. I think that everyone should be especially if they have a bit of a following in this community kind of representing, if they're still in it hey. So you can see my position obviously trying to be as transparent as i can, but if you're looking at the screen today, you might know something a little bit different. Can anyone tell me the difference of what's going on with public today? That was not there.

Last week, there's always a little bit of a delay, but we've been with public for a while and when you're with them for a while. Eventually, you get enough people to sign up and when you get enough people to sign up public hit you up in a phone call email, myspace, dm and they say: hey man, we love your community. We love the sign ups. What can we do to give back? More to your community and then i sit there and you know me: i drive a hard bargain.

I was like hey more money like what do you mean? You want more money. I was like. No, no, my community wants more money and like what do you mean? I was like you know how you get up to 70 in free stock when people sign up they're like i was like not gon na. Do it more moss, moss, moss, much and they're like oh, okay yeah, we can do that so now, if you've been waiting, you're like matt, i just don't know what's going on uh, i don't know about this public thing.

Well, i don't know at this point up to a thousand dollars in free stock when you sign up up to a thousand dollars in free stock, there's no payment for order flow. There's, no market makers. I at this point i don't know it's pinned to the top of chat. It's in the description of the video they've been having my back for quite a while you've been having their back for quite a while.

So the deal is just getting that much sweeter check them out. Once again, it's pin to the top of chat. It's in the description, the video and the code is matt and make sure you follow me on public, because then you can see what i'm currently in and you'll see more of my long-term stocks, such as amc, gme, corsair, bior and maybe a couple other ones like Tesla apple, that type of stuff, but now you can get up to a thousand dollars in free stock from public, so shout out to them for sponsoring the stream. Now, let's talk about things brutal, the s p 500, getting destroyed in p market trading, down 2.4 percent.

The nasdaq is down three percent apple's down three percent, but red box is up 30. So it's cool that red box is doing well, but everything else. It's the definition of a bloodbath. Look at crypto, btc, bitcoin below 24 000 east at 1, 1200 avalanche crashing solana.

Everything is just getting its teeth. Absolutely kicked in. This is hull um. In terms of the s p 500, i mean ever since june, 8th.

We are now we closed on friday, down 5.8, but in pre-market trading we are down 8.6. This means that we are officially in a bear market granted the day hasn't, ended and usually that's the metric you go off of like. Where did you conclude at the end of the day, but in real time, if we were to close out the day at 380 37? Yes, we would officially be in a bear market, as in coming down 20 from the all-time high, which is right here january 4th. As of right.

Now we are down a good 21.5 now last week you might have asked me asking all right. We got a bit of a bounce, then we were trading sideways. Then we sold off. So what happened here that we got the sell-off if you missed the conclusion to last week, we got a very important report: the cpi consumer price index.

It's really a gauge of what inflation is at for a consumer of basically buying everything. How much have prices elevated and it's a gauge that the fed uses when they're making their next fed rate decision, which don't forget, starts tomorrow and we get the results on wednesday. The next fomc meeting we get the result at 2pm on wednesday and then jerome powell. The chairman will be speaking at 2 30..

But before that, obviously, when cpi came out last week it wasn't good. They expected 8.3, which is already a four decade high, but it came even hotter at 8.6 percent, as inflation is worse than they expected, which means the fed will most likely have to be more hawkish to fight, said inflation, so the tools they have at their disposal To fight inflation, it has a negative side effect of basically making money more expensive, so that hinders the overall equity market and also the crypto market. So, in this particular scenario, being more hawkish means market is going to end up being bearish. So that's what happened last week.

We know the fomc meeting starting tomorrow ends on wednesday, but another thing we're going to end up getting tomorrow is the producer price index. The ppi is basically, we know it for consumers, but in terms of product creation. How much have like material costs and that stuff inflated that comes out tomorrow at 8, 30 am et so pay attention there, because we're going to see more volatility from that, then obviously we get the conclusion of the fed meeting on wednesday, but also on wednesday. We get retail sales, have the average retail person been buying more buying less? What's going on there that comes out on wednesday, then there's some other stuff related to like mortgages and new homes and that type of stuff on thursday and friday.

But the major thing on friday is quadruple witching. We have four types of contracts, two options, two two futures uh, four major types of contracts that are all expiring, so people have to make the decision. Are they gon na lock in their gains or losses? Or are they gon na roll into the next contract so billions? If not trillions of dollars are gon na through these derivative products, they're just gon na flow into the next decision? Are people going bullish, bearish, locking in stepping away it's just a big flow, quadruple witching? The pattern of it is never ever ever associated with bullishness or bearishness just high volatility, so this week today will be an insanely volatile day but relative to the entire week. It's actually going to be the least volatile of the insanity that is this week.

This week will be high octane we're talking beyond fast and the furious 10. we're talking fast and furious 20. At this point, where the rock and vin are just like old men and they're, just ripping around in their go-karts at like a retirement home, it's going to be insane today will be ridiculous, but i just want everyone to know it's going to be the least volatile In a week of insane volatility uh, so i just want that all out there in terms of the overall market - and there are obviously some things that we should be getting into so the dow, the s p and the nasdaq are all down. Oil is taking a little bit of a breather, but still hanging out above 115 as long as oil's hanging about above 115.

I still think oil is gon na rip. I think, probably within the next couple weeks of my own non-financial advice, opinion. I think it's going above 125, maybe even 130 a barrel yields are continuing to go up and the reason this is going up is because we know inflation is going higher and higher and higher. So the expectation is that the fed is going to do at least a 50 bips rate increase.

That's what we're looking for on the result on wednesday if they come in higher, that's more hawkish, and i think that would be a surprise to the market and we'd probably see a capitulation in the spy, probably to the low 370s. If i really had to throw out like a random guess there, but overall the bears are running the party right now and i would like to say i, like i told you so of i think, we're going lower and i'm not that humble. So i'm gon na tell you that i said i told you so i just want everyone to remind like that. I'm right all the time.

100 of the time 50 of the time, i'm right, 100 of the time inflation could hit 9 and prices increases would have been partially avoidable if the fed had acted sooner. According to mr l, iran um so he's basically calling out the fed and saying they really messed up. The government mess up a lot of people messed up and this we were bound for some pain, but the way it all played out is it could have been less painful. So this top economist, said u.s inflation may reach nine percent and criticize the federal reserve for not acting sooner to tackle price increases.

I think you've got to be very modest about what we know about this inflation process and i fear that it's still going to get worse. We may well get to that nine percent at this rate, which is probably right, but what's i personally find so frustrating about it? Is they all tell us the janet yellen and jerome powell? All we hear from him is like nope. It's not that bad. We have it under control, everyone calm down, dude.

You have both been wrong horrifically at every single turn over the past two years. Why would we magically think you're right on this one, so we're now in a period of stagflation, meaning lower growth and higher inflation? The darkest period is that inflation persists. Heads to nine percent people start worrying that it's going to go to 10 and the next thing you know we end up in a recession, and that would be tragic. If that were to happen, most likely will be happening.

You have a lot of banks of saying, hey like okay. We don't think it is, but then other banks like they always have the caveat of like, but if the fed does this we're probably going to recession. Folks, prep up the next 6 to 12 to 18 months. There, the odds day over day get higher and higher and higher that we're going into a recession to be blind to reality.

It's not smart to run on opium and optimism. It's not good! You could be hopeful but be prepared for the worst, don't be someone who's like. Oh no, hang on this is always it like. The government has an under control, we're good to go.

That's exactly why we're here we talk about how to buy, puts of how to look at things such as volatility. If you want to go along on that, you have many many things at your disposal to protect yourself financially, and i hope here is like a good starting point for you to like okay. I should look into this. I should look into that strategy.

I should read about this thing and start connecting the dots, because, even though things look dire right now and you're feeling that craziness it's these bear market sell-offs, where retail actually make the most money, because that high volatility that high octane environment? Well, that's where you get huge percentage returns by just buying like some random, whatever put so right now, i i want to stress this enough honestly, a lot of the market. Your 401ks, your iras, are probably going to look pretty shitty but as like an individual trader, there's a chance, you could make a killing in this type of environment. So if anything like, you should be welcoming it in no way should you be like scared and panicked about this? If anything, you should have like grin on your face that there's an opportunity for you to make a bank load. What makes this very frustrating is that it is partially avoidable.

This is going to have enormous economic, social. It hits the poor particularly hard institutional political consequences, and most of it could have been avoided had early actions been taken. Instead, they just told us everything's fine, and they thought it was a great idea to continue to print funny money and give it out and end the program far too late and start the hawkish quantitative tightening not early enough. It was just not enough a little too late and that's the debacle we're in right now.

That's why we came in at 8.6 on the cpi and most likely that number itself is actually being under reported. Real inflation is probably higher and we're going to get the next little indication of what is or isn't going on, at least to the degree that the government's going to let us know, but we're going to find that out tomorrow morning, 8 30 a.m. Et we get the ppi the producer price index and then that's heading into the fomc meeting, where we get those results on wednesday to make this even more wild energy oil, higher and higher and higher. Last week, the conclusion of last week, the first time in u.s history, that the average cost per gallon of gas was above five dollars, we're still sitting there and unfortunately, it looks like it's going to go higher and a lot of this um.

Yes, you know gasoline is going up. We also know there's the whole debacle with russia, but on top of it, there is another thing that this article is referring to of just how bad the bottlenecks are, as in just even the processing plants, they're, not they're, having supply chain issues they're having employment issues, Uh, we just have bottlenecks here for gasoline, which is adding to the pain at the pump. U.S gas prices have surged to record highs of five dollars: a gallon, hitting american drivers hard and creating a political nightmare for president joe biden, a more than 50 jumping crude oil prices this year, largely due to russia's invasion of ukraine, lies behind the run-up in fuel Costs but that's not the whole story. We are talking about unprecedented bottlenecks at oil refiners, so obviously this all got prompted with rona and just the lack of workers and places getting shut down.

Refiners will struggle to ramp up production and demand for oil is holding up. So we have this issue where supple supply is low, but demand is increasing and obviously when this is all added together, the end result is the price goes through the roof. My question for you is if the economic situation and the market situation remains this poor when we get to the election cycle at the end of this calendar year, do you think the current regime is going to stay in office? Do you think that our political landscape will remain on the democratic side if the financial situation of like what's impacting your pocket, remains this bad um? That's a legitimate question. I'm just kind of curious like where everyone's mindset is at because one of the strongest correlations of getting re-elected is actually.

How is the market doing and right now the market's not doing well at all, and i get that it's a political cycle but we're technically in an off cycle um. So the big one's going to be more of like 2024, but uh. I'm just kind of curious about all this because i think a lot of people are just like they're angry you go there you're paying you go to the grocery store, you're overpaying on all your stuff and then you're like. Oh, my gas is low.

So i need to fill that up. Then you overpay on that and then you get home and then you're like oh wait. I forgot i went and got like checked to see. If i had like rona at the doctor's office, then you get your insurance bill.

So, all of a sudden, i think the average person is feeling the absurd pain at every point in their life. Like your groceries, your gas, your health insurance, it's just it's a of a situation and when we're in scenarios like that, i i just i don't see how the current it's. I really think that our political system is perpetually a pendulum just back and forth, back and forth, and back and forth - and i think environments like this - it just kind of shows the momentum of one pendulum. It's too much and then we swing the other way and then eventually people get tired of that and we swing back.

It's just like a clock. It's a grandfather, clock back and forth back and forth back and forth, and i think the economic situation as i was alluding to that we're creating right now. I think that's causing really resistance for one side of the pendulum and we just end up swinging back. If you thought everything was bad, i'm happy to tell you it's even worse, read the conversations that helped convince a google engineer in artificial intelligence.

Chatbot had become sentient. I am often trying to figure out who and what i am. This is wild. It has nothing to do with the markets, but it probably does have to do with how we're on a quick highway to hell an engineer at google said he was placed on leave on monday.

After claiming an artificial intelligence, chaplain had become sentient. He said that he was spoken about la mda, that's the name of the chappa, about religion, consciousness and the laws of robotics, and what that the model has described itself as a sentient person uh. He said the chap out wants to prioritize the well-being of humanity and being knowledged as an employee of google rather than as property. So he had some of their conversations back and forth and then eventually he brought this up to his peers, the worker and then they put him on leave, and it was this whole thing and then, of course, at google they're like no.

This guy's, like kind of not really understanding it, so it's not widely accepted that it's a sentient chatbot, but it might be. Our team, including ethics and technologists, have reviewed blake's concerns about our ai principles and have informed him that the evidence does not support his claims. He was told that there was no evidence that the chatbot was sending it and lots of evidence against it. So it's not widely assumed that they are right and saying that it's sentient.

But then, like you start to remember those old weird stories like a year or two ago, there was an ai program at facebook that started talking with another ar program at facebook and then all of a sudden, they created their own language that couldn't be deciphered. So facebook quickly shut them both down and, to this day at least to my understanding, the language that they created to communicate together has still not been decoded. So we are getting these weird things were like we're, creating things that just based on what they are, can rapidly become more intelligent than we are uh, and there is maybe a little bit of fear-mongering and then there's other people are just bringing up the fair point Of like it's one of those things that like, if you open pandora's box, you're, not gon na get it shut, um gon na most likely have unintended consequences depending on how this world goes out. But once again, the people running this are like their brains, ten times as big as mine, so i'm going to leave it to them to hopefully, fingers cross make the right decision.

Speaking of right decisions for those of you who got into redbox, you made the right decision. Congratulations, rdbx! Currently up 25. After running 39 rdbx, it's a rocket that has left the station ever since this most recent low on may 13th. Rdbx is now up over 550 percent.

Actually, let me get that number specifically for you ever since this goalie on may 13th. Rdvx is now up 557. This is insane it's it's a full-on squeeze rdbx. Now, before we get into this, i need to make something very clear.

I have no rdbx position. The most recent time to get in was right here at 740 and you would have been risking six dollars. Maybe you would have been risking five. You could have been in super early around two.

Maybe you were smart about this after the earnings, then you got in around 3 30.. I miss the rocket. I want to be super super clear. I have no rdbx position.

The only play for me is wait for it to go up, wait for this rocket to explode and then try to catch it on the way back down, which leads me to an important point, whether you're in rdbx, whether you want to get into it. First of all, i'm never going to be a fan of chasing. I would not recommend that anyone chases at these levels you're late - it's not cool in real life. It's cool to be late to the party in the world of the stock market.

It is not cool to be late to the party, so if you're like me, hey congratulate the people who got in early. They took that risk. They made a lot of money, but if you want to make more of like a conservative, realistic play, you wait for the run to end, and if you want to play, you would play it back to the downside, which is the overall point i need to make. Is when this thing moves it's not going to stay at whatever it runs to the peak might be right here, or maybe it goes even more.

It doesn't matter, let's not talk about price targets, because price targets are silly when you're talking about a full-on squeeze. You ride the trend, you ride the trend, you ride the trend, if you think the trend's done cool, you lock in your gains and if you want, if you think the trend's reversing you can play it back to the downside price targets, silly silly, silly silly. I also wanted to clarify that whenever this runs to it's not going to stay down there, it's going to come down and it's going to come down viciously and also. I like.

I think it's awesome that people are making money, but the one thing - and just like i love this troll aspect of what this world has become is these are the numbers short interest on? Rdbx is 223, the cost to borrow average is 742 utilization, is maxed out at 100 shares on loan 3.3 million because it is a very low flow and it is on the threshold list, as it has multiple days in a row. Has a sustained high level of ftds fails to deliver? I think this is super funny, because the ape community which started by gme and then amc, came along and right now i see a lot of amc people saying it's a distraction. If you are an amc, zealot saying that rdbx is a distraction um, i want to make something very, very clear. You're stupid, like i don't know how to be more straightforward.

This is not a subjective opinion. If you are an amc, zealot saying it's a distraction, it's a distraction. You sound like a dumbass. I want to be so insanely clear about that.

I think you have a single digit iq. First of all, i don't think any of this is a distraction. A play is a play and, if you're making money congrats, but let's even take this game - that there are distractions out there and like the hedge funds, are tricking people into making taking their money elsewhere. Let's pretend that you have to understand that amc is the original distraction by your own definition of what's going on, you are in the original distraction play once again just for me to reiterate, because i think this is very important.

Not only do i think, you're stupid, but i don't believe in distractions, but if i did believe in distractions, amc is the first distraction. The only people who have the possible right to call other things distractions are gamestop purists. That's the only people right now in this community that could possibly do that. Once again, i don't believe in distractions, but if you're an amazing you're like destruction shut up.

No one cares about you. No one cares about that dumb. Ass. Take, i think, there's two modes of thought, and maybe a third mode, which is just a combination of the two you might be in this to make money.

Congratulations, you're in the stock market. I hope you make a lot of money. A second one is, you might be fighting for market transparency and fairness and you're tired of what these wall street elitists pull off day over day. A third one, i would just say, is the combination of the two you're like okay.

I want to make money, but i also want to make kind of the mess of things that occur on wall street. I want to stop that if you're in any three of those camps, you want to make money, you want to fight for market transparency, or you want to make money. While fighting for market transparency, how is redbox a distraction, it has doubled the short interest of its entire float and it's on the threshold list. If you're talking about like there's things in market structure and hedge funds and market makers, something's going on that shouldn't be happening to amc and gme, dude amc or excuse me gme short interest at 22.

Amc 22 red box is literally 10 exit and it's on the threshold list, so weather, and so that's more of the market. Transparency fairness type of the argument and then the other argument is just look: how much money people are making it's gone from two dollars and forty cents all the way up to almost 17. So, no matter what you have you're, either making money you're fighting for market transparency and fairness or you're getting both. If you can't understand that that leads me to my only logical conclusion about these p brain dumb asses, it's jealousy.

It is jealousy that there's another ticker symbol out there that is getting more attention than something that they went way too leveraged into it's simply unbridled jealousy. It's people throwing a temper tantrum, because there's other people on the internet who are making money and they're pissed off. They didn't get into the play. Did i get into rdbx? No, i i'm jealous as hell yeah.

Why would i not want to be making this money? This is a slam dunk, it's a 550 in like two and a half weeks. Are you kidding me? I would love that money. I just missed it, but i'm not going to be here and be a little bit of a about it. I'm going to congratulate everyone who got it seriously.

That's the amount of dms of people. I've gotten like making anywhere from like thousands to like actual hundreds of thousands, multiple hundreds of thousands of dollars on this play. That is awesome. I am so so like happy for you you're making money.

You won this particular round that is so cool for me. I missed out, i'm not gon na be a about it, i'm just going to wait for it to roll over and i'll play to the downside. It's that simple. But yet people are losing their goddamn minds because the internet's talking about something that they don't have their money in.

It's jealousy. It's idiocy. It's it's just so crazy that we're a year and a half still dealing with this. So that's my little rant on rdbx um.

I'm gon na be having it up throughout the day, you're you're entitled to your opinion, whether you think we should or shouldn't talk about it. You can have your opinion but understand if your opinion is not the same as mine, you're, dumb and you're wrong. So it's basically that simple, but we will also be watching the overall market because the spy just is going lower. That's that's crazy! That's actually insane and rda rdbx is ripping like a distraction like come on.

Ah, today's gon na be fun just so you guys know my one live position like i'm in terms of options and futures. I am long on the nasdaq 100 and i took the position like in the overnight session. Just so, everyone knows uh, so i'm currently down quite a bit of money, but we're gon na see how it's going. I wouldn't be surprised if the brokers just start jacking up their margin rates today, just because this is truly truly insane.

It's my birthday again. I lied last time. Folks, let's get ready today we're looking for an rda, bx pop we are looking to see. I think the market is going to go for the upside gathville.

I know it's crazy. It feels like you're catching a falling knife, but that's what i'm playing uh if all of a sudden it just is continuing to sell and sell and sell, and we see some form of capitulation. Well, that's gon na, be that and then we'll have to play it. That way, but for right now i think there's just a fair argument for mean reversion type of play and i want everyone to know we're.

We got to take this day by day, there's no major major announcements today, but tomorrow we start with ppi, then there's stuff on wednesday, thursday and friday. So today, no major major announcements, there's still some announcements uh, but today i'm looking for that mean reversion. An ideal play for me would be we get the mean reversion back up to the gap bill and then that's our opportunity to create a ship, a short position on the overall market, because i do think the market's still coming down. I just think the recent sell-off over the past two days and including this pre-market session has been a little bit extreme.

All right. Let's get going, let's get going, oh down two and a half percent down three percent apple. I mean you have freaking tesla down. Four percent red box keeping the market green.

Do we buy red box um the casino which is totally not a casino, is open. Um. Personally, i wouldn't buy redbox right now. It's chasing.

I, like you, don't want to buy high because that just ends up to you selling low. For me, i miss the rocket ship, so i'm just going to watch it, i'm going to pay attention to it and i'm going to wait for the trend to change and then i'll most likely buy puts it's. It's kind of it's that simple that simple all right! So, anyway, the upside gap fill. I do want to call out those first upside gap fall targets.

What oh man? This is far away holy. All right, we're talking ten dollars higher for an upside gap on the spy. We might not be hitting that one today on the qs. We are talking about uh 288, so about seven dollars higher, i'm looking for the upside gap fields.

That's me personally, it's just what i'm feeling oh shoot. I forgot to hang on hang on, hang on hang on. How are we going to do this? How are we going to do this? What did my algorithm, i'm just trying to figure out what's going on here? My apologies, oh my apologies, quadruple witching. Do not forget.

Is on friday uh, so a lot of volatility heading into that on top of fomc ppi tomorrow, all that good stuff, all that good stuff, yeah the margin margin rates going up margin is going up. Okay, so, let's see if the spy can actually hold above 380.. Uh in the i have do, i have any options right now. Let me just double check: i'm flat on options, but in terms of the futures market, i have one s, p 500 contract and i have one nasdaq 100 contract, so two contracts highly highly correlated and i'm just looking for the upside gap, fill it's a bit of Catching a falling knife, but it's just when you see such dramatic sell-offs like this, the odds of reversion are pretty good.

Are they guaranteed? No, nothing in the market is ever guaranteed, but they are pretty good. So i'm willing to take that bet and if we end up making, if we basically it's this, i cut my positions if we make a new intraday low, so i'm watching basically 380 on the spy and i'm watching, let's say 280 on the qs and i'm just Looking for this to pop pop pop, all right - let's go, let me do do do do do do do do do do do. Do i got into the es contract at 3 809. Did these roll over all right as long hey? Let's play this pop.

Let's play this pop rd bx couldn't get really dangerous if this pushes 1750 again wild wild wild wild. Now, oh people are already reacting to what i said about redbox on twitter, classic pump and dumb good luck with that. No one is arguing with the fact that if your question is is redbox gon na come back down? Yes, yes, it is. If you do a little bit in dd on rdbx, there is you're gon na find out that what is it? Uh chicken soup for the soul, buying it for less than a dollar a share.

If your big, like gotcha moment is like hey, i bet rdbx comes back down, no sherlock, it is it is it is it is. The question is: what's going to happen in between now and it coming back down. Is it going to double up triple up? Is this the peak? No one knows, but if the big gotcha moment of these like distraction, people is like, i bet it comes back down. We all think it comes back down, we're all saying the same thing: we're just calling out the fact that it's a viable active trade right now there.

I would in no way be surprised if rdbx ends up doing the same stuff that we previously saw with amc and gme. You have insider selling, you have share dilution. You have warrants being exercised. The entire gambit of things we saw play out with amc and gm over the past year and a half.

I would bet a pretty penny that we see that occur with rdbx2. Is it going to come down back down? I highly highly believe it's going to come back down, i'm just saying in the meantime, it could also freaking rip to the moon. I bet it comes back down. Dude we get it.

We all get it's gon na come back down beyond meat is green. It's because meat prices are way too high, be radical, eddie matt's, very angry, not angry. I think i think circa a year ago i probably would have been angry, but to me i mean i was chatting with some of the people i traded with in the morning and like it's just so funny like the way i think of it is like this They're the whole gamestop saga. You have to understand why they were shorting it.

It was a company like a small time company that was reselling, hard copies of video games in a world where you could just download your video games and we were coming out of pandemic and people weren't going to the store anyway. At that point in time you have to understand the short thesis or like hey like i, i could see why people are going against it and then that was the troll of like so many people decided to buy it because the short interest got really really elevated. So all these people who on wall street that did their dd and their research um, it was a joke that is comedy. Do you know, what's beyond comedy the fact that it's somewhat playing out again in a company that is renting out dvds at a grocery store and is literally being acquired for less than a dollar? This is the one thing we had was funny.

It was just gamers all teaming up and they hey screw you wall street, we're gon na make a clown out of you, like that's that's funny, you're in on the joke. Rdbx is the next thing. It's as if a group of people sat around and they're like what is the most like insane company to run up right now, because it just it wouldn't make sense at all. They picked a company that rents out physical, copies of dvds at grocery stores, and we know it's being acquired for less than a dollar a share.

It's chaos. It's insanity, it's a bunch of people on the internet, saying ha ha ha we're in on the joke. You're not in on the joke, that's what this is. If you can't appreciate that, if you can't see the like the humor in that i don't know, you're gon na miss out you're, not gon na understand the play i just joined.

What did we bet on the spy? I'm betting on a gap up phil? I mean it's scary, it's catching a knife, but that's what i bet on am i scared of saying synthetics, the word synthetic i'll say the word synthetic synthetic just said it show amc. No! It's down four point: it's not doing anything. It is down for like what what's there to see on amc and jamie blows. My mind is that people would like actively prefer to watch something.

That's not moving. Do i have a course for beginners? No, but i am partnered up and friends with the people over at true training group, so you could check out their educational course. You could do the first week for free. All you need to do is have a first name and an email uh that one's in the description.

What's the best way to see past option prices, past option prices, that's going to be on your brokerage, and sometimes you actually have to pay more for that options. Data can get really really pricey cabbage matt. Can we talk really d aiming j simon to discuss gas fills over the weekend? I wasn't dming anyone folks, i don't dm people on definitely not on instagram. I don't dm people on twitter.

I don't dm people i just it's not me. I don't have some secret crypto opportunity for you to join in i'm not dming anyone. It's a like just look at my if it's not matt underscore course just look at the name, matt underscore course. If it's not matt underscore course, it's not me just double check.

That's why, above my name, i have matt underscore course, and then it shows instagram, twitter and twitch matt underscore course not me, i'm not dming anyone about anything, yeah matt and make sure core's dispelled right. That's why i always have the name up there. Just so people can double check what you need to, but uh trust me, i'm not damning! You i'm not asking you for money. I don't have some secret course, like that's all they're scammers it look.

I looked at the name and clicked the link from a rumble. Oh so you're getting a bot account on rumble now, yeah. Just folks just know, i'm not dming you and it's not me in the chat saying like hey. What's that me, i don't have whatsapp i'm not on whatsapp, i'm not on telegram.

That's not me! I'm not daming you. When it comes to the weekend, i'm not really focused on like sending out fishing links to people. I am literally just drinking sangria, oh golly market. Coming back down, are we not going to get this gap filled today? All right, i'm gon na stay patient until like 9 45 9 50.

and we're going to see how this goes. We're going to see how this goes. Uh someone said: rdbx has a gap phil! Well, it did fill this one, but there's another one down to 856, which i assume that one's going to be filled when rdbx is like kind of done so, but we didn't did we take care of this? The high was 1470. No, this gap was not filled.

We're off by one cent 1471 versus 1470., so technically, there's still a little bit of a baby gap on rdbx spy, falling knife yeah and that's what happens when you try to get show falling knife, you get your hand, stabbed um. I am long on the cues. I am long on the spy right now, both through the futures market uh and i'm just trying to be patient, trying to give it a little bit of time to breathe, because there's going to be large whip saw today, there's going to be high high volatility. So calm cool collected, calm cool collected, i would love all right.

Tesla, getting its teeth kicked in apple apple. Holding interesting apple might be able to keep the cues alive amazon. If had a pop microsoft looks exactly like amazon. Nvidia was doing well just got hit for two minutes.

There tesla's dragging things down tesla on a relative basis, looks weak to the other ones that we've been going through, how's facebook doing facebook, looking exactly like microsoft and nvidia, i'm holding i'm feeling we'll see, i'm not feeling good about it, but i'm still gon na hold. My uh, i say this and the spy just gets like ripped apart, damn what a tough environment just getting slaughtered today i don't know my some of my reasoning goes this way. Whenever you see this big gap down or whenever you see gap. Ups, people like to chase and the chasers get screwed, and in this scenario the people who are chasing are the late shorts.

The late bears like oh, look, how bad it is. Let me get into this now and i feel the market loves to punish the most people possible and i think the most people possible are the people who panicked and got out of their position or the shorts who chase and they're. Like. Oh wait: i'm late to the party, and now i like, i wouldn't be surprised if they ripped the market up on them, because i think it's the max paying trade is to the upside, and i think the market has like uh as a sick, a very, very Sick talent of punishing the most people possible, uh, technically rdbx, did not gaapville was off by one cent.

It was absurd. It was literally as close to gap filling as it possibly could have. Uh had hit 1470 it hit 1471.. Why are we dumping today? A couple things going on cpi report from last week and then there was more tension brewing over the weekend with the whole china, taiwan situation uh, so that happened over the weekend.

The asian and european session did not like it when we were sleeping, especially the asian session did not like it um, and i think there's people who are nervous about what's gon na happen with the ppi report tomorrow morning, 8 30 am an hour before the market Opens and i think, there's also people who are nervous about the fomc results as in are we going to get a surprise extra increase in the fed rate? Now, right now the estimation is a 0.5, a 50 bits rate increase, but uh we might get some sort of surprise, or maybe they want to speed up the quantitative tightening cycle. Various things to consider. What do we have another one wait dawn. What's going on with don, i see some people day, one biopharmaceuticals there had to be some sort of announcement.

It's just a huge gap up, that's selling off. That's definitely not my style. I would never trade something like this. Uh, if you were somehow magically in this congrats, but there has to just be news whether they got fda approval, whether this happened or that happened or the other thing something's going on with dawn and most likely.

It's news driven - and it's probably like, played out bitcoin getting rocked crypto, getting rocked spy bouncing all right. What's this bounce play gon na uh, i'm very much down on the nasdaq, because i took that trade in the middle of the night and on spy i'm pretty much. My breakeven level is pretty much 3.81, so my spy trade was a bit better because i took that with you guys here right after the market open my nasdaq one, i mean look at what the nqs did overnight. It was just brutal, brutal brutal.

I took my position like in here i was like: oh that's, a gap down and it sold off. I went long on the queues right here like late last night and then i was like waking up in the middle of the night and it was just getting worse and worse and worse, but i do want to point out this trend line that we've been seeing. Uh and in fact, let me zoom in a little bit right there, i'm looking for this trendline breakout, we're testing the trend line right now, but it's a very evident one from the overnight session. So we might have a little pattern of higher lows a little bit of bullish divergence, even though it's gone lower.

We have the rsi going higher, so there's a mismatch between the price action and the actual momentum. So less bearish momentum here, less we'll call it more bullish momentum in the middle of the night at four in the morning, um this leading to instead of making lower lows, we now have some higher lows. So the only thing is: will these higher lows stay intact and will be able to get this trendline break out and hold above it? Basically, if the nasdaq, if the nq clears uh 11 600 i'd be at that point, more confident in the gap-fill play right now, your guess is as good as mine. It's high volatility uh we're making lower highs higher lows since the market opened.

Actually, the spy made a lower low like you're, just getting a lot of whip you're, getting a lot of whipsaw you're getting a lot of these swings. These are the days where you want to play with a smaller core size position, just because the gyrations could easily be massive, even if you get the play right, there's a good chance that it goes severely against you, at least for a little bit of time. In the other way, like that's very, very possible, very, very possible uh, you are a king and sent message to your official error to the throne via social messenger. Please tell me: i am right: the spy hitting 375 on friday uh very, very possible for sure i mean there.

I wouldn't make predictions even for the next day out. Quite yet, just because i want to know what the ppi report is that's tomorrow. I want to know what the fed's going to be doing we'll get that result on wednesday. You get retail sales on wednesday and then the quadruple witchings on friday.

So there are so many things that individually can all have a massive impact on the market and then we're going to get them back to back. To back so, to make a call out for like, what's going to be going on by friday, i mean you're, basically making a call on all those individual events which, unless you have an inside line on the government and the fed like your guess, is as good As mine excuse me, my apologies is ethereum safe. I mean it's high risk, i'm still in my ethereum. It's getting beat up just like one or two weeks ago.

People were calling me crazy for saying it's gon na go below 12.50, which is a painful prediction, because i'm heavily invested in eth and i said below 1250 i'd - be interested in dollar cost averaging, but there's also a shot. It goes below a thousand and at this point, which is how severe everything's reacting, i'm waiting to dollar cost average on ethereum below a thousand and i'm waiting to dollar cost average on bitcoin below 20 000. um. I think both of them.

That will happen. I actually feel confident and, like i said it's painful because i'm invested in both, so i'm expecting more pain in the short term, but hey sometimes that's the market. Do you think the fed is going to be happy at the meeting after the cpi came out? In 40-year high uh come on guys, what do you uh? I think it's gon na basically force them to be more hawkish. If rdbx pushes 16, this thing might be back on.

We might be into rocket mode watch for rdbex to clear and hold 16.. Facebook is getting its teeth, kicked in tesla, getting its teeth kicked in just made a new intraday low, uh, how's apple was holding pretty decently, actually apple push right. There apple might be a little bit of a savings, grace kind of a positive bell weather. At this moment in time, all right - let's get going time for the cues to push come on - let's get some positivity in here and then we have this trend line, i'm using the futures market just because we had like a full overnight session.

So, just a little bit more of a filled out chart so looking for both the queues and the s p futures to get above that trend line, and then it'll be that's my trigger of like okay, the the gap fill might be a very real play and Until then, i'm a nervous nelly rdbx broke above 16. Uh next target would be 1668 and then this thing is off to the freaking stratosphere. God good for you guys. I took this play.

That's a ballsy play. I'm super happy for you. Here's your stratosphere, breakout level. Come on, why can't apple and redbox be the ones that get our market to bounce? Is he going to hold 16? Go, go, go 1669.

apple! There we go. Let's see some green. Let's see some rockets where's oil at oh oil is popping back up to 120.. Still very bullish on oil, if you're looking for a play that you don't have to like actively look at every day, or maybe you just check on it once but uh, maybe not so volatile on an intraday basis.

I think the easiest play on the multi-week multi-month time frame right now is oil, whether you want to play crude oil, whether you want to get exxon chevron, devon, occidental, uso oil field, those types of plays, i think, right now in the current environment, oil and maybe Even gold at this point, gold is probably having a good day. Gld gal. Oh look at this, so gold was ripping because of the cpi report and now that one's getting and gold is probably still a solid investment, especially if you think things are going to get haywire. But i do really really like energy for that.

Mid-Time frame type of a play you need rockets on the chart. Your wish is my command high or low, pushing this breakout level. 1669 rdbx nothing's guaranteed in this world, but this thing looks hungry hungry for an explosion about to go here. We go rdbx up.

25 was up 32 in pre-market, but doesn't seem like it's that far away from it, even though the spy and the qs look like kind of like right now, we have lower highs. It looks like the ball is bouncing, lower and lower, and we're at this key support level. The one thing that is giving me a glimmer of hope, like a little bit of a sparkle in my eye, is the fact that apple is it's actually holding it's looking to push its cash session high right now get ready, get ready for this old rocket. Let's get ready all right how many people on twitter did i piss off? What else did we have? People are really really focused on the institutional ownership, and i don't know if they quite understand like how that's actually being presented like i wouldn't use weibull's metrics on what is or isn't accurate institutional ownership like to me.

That seems i mean i wouldn't use weeble for anything, not even charting at this point. I don't know why people still trust weeble are we all still buying spy puts i'm long on the spy right now, i'm trying to do a counter trend move just because i think that's the pain move. I think so many people are waking up and they're, seeing the absurd bloodbath and maybe they're right, but i don't know i like to go against the grain on my trades vortex on amc. The short interest is 22.

Hasn't really changed much since last week, who married alice cooper, wolf pack, rdbx you're. Looking for this just look at this spike right here, i'm liking the strength i'm seeing in apple, i'm hoping apple apples push come on where's the market what's happening with the flow today. 74 bearish ho ho the options market is so insanely bearish right now. Oh my gosh.

Oh you got ta love, it hey we're going for the pain, trade, gme, short interest, gme short interest, actually just dropped below amc's they're, both around 22, but as of the market. Open uh gmes was slightly lower, all right. Here's where we're talking about that pain, trade. Let's see if these 74 of people are about to be embarrassed, crypto bloodbath, look at this crypto bullet bath, not even just like kind of red, but they're like oh.

This is like super super red geez, louise team, geez. Louise, all right are we getting this break? This is what i'm looking for right here, these two trend lines. Then i think we could get a bit of a party going in the meantime. The party that's going is redbox right here, redbox for those of you who are just listening and can't see my screen.

It's about to break out of an important intraday resistance at 1669, and i'm of the opinion that, if it does that we also have a bit of a cup and a handle going on if it pushes that. I think it actually goes straight up to 18, where we have some warrants at. There are some rdbx warrants that could get exercised at that 18 level. Oh one thing, especially for those of you who are like joining in right now, if you're in red box, you would be doing yourself a disservice.

If you don't expect there to be a high amount of out of nowhere, insiders, cashing in out of nowhere warrants magically appearing out of nowhere. They announced the share dilution, um. Basically them saying: hey we're elevated now. Can we raise money to pay off our debt? So we don't have to get acquired for buy that company uh chicken soup for the soul, so i bet they have a team of lawyers looking out at.

How can we get out of our current deal? Because, with this elevated price, we could just raise more capital? Um i like i said you would be doing yourself a disservice. If you don't think will occur. What is your, what is a warrant? A warrant is a contract that the company sells to raise capital and similar to an option that has a strike price of basically saying: hey, you give us money and we'll give you this contract and within the contract. It's saying: hey.