Foreign, Foreign, foreign, what's going on? what's going on? Happy Monday morning I Hope everyone had an absolutely fantastic weekend folks folks folks! I Don't know what you got up to I Had a little bit of fun myself I mean so much to talk about. First time I ever watched a golf tournament was the Arnold Palmer or like the finals yesterday so that was actually pretty exciting to see. It had the UFC fight we had the opening of the F1 season uh now I haven't seen it yet but I'm excited to see Creed 3 in the movie theaters. So much going on, so much going on and I hope you had a good weekend and I hope more importantly than that, you're ready for a fun-filled exciting week ahead.

Now before we get into all the good stuff that makes the Mad Core Show the number one show on the entire planet. where I'm at your course and together we become the show. I Do want to give a special shout out to today's stream sponsor: I'm talking about Street Beat, a non-payment for order flow brokerage that also has Robo trading options if you so choose, check them out and right now to obviously show you how much they love you, they're getting people over there. So when you sign up with the code Matt M-a-t-t once again the code Matt M-a-t-t you'll get anywhere from five to five thousand depending on how much you initially deposit.

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A couple things I want to get into. First of all, did anyone? uh, do we have any? Formula One fans in here before I don't know I just like Mondays I don't want to like stress people out and get into like the stock stuff right away, but did any Formula One fans in here Formula One Formula one because uh Red Bull Once again proving their dominance, they took uh one two in the opening race of the season in brain and Bahrain or however you print it is it Bahrain Bahrain I think it's Bahrain uh but Formula One absolutely dominant. The Dark Horse candidate by far that crushed it was Aston Martin um Alonso just destroyed it ended up getting third place. Technically he wasn't gonna get third if Ferrari's engine didn't mess up.

but I think it was kind of an underwhelming. It was great for Red Bull it was great for Aston Martin I think it was kind of like a little underwhelming for Ferrari but also they have a very fast car probably the second or the third fastest if they can get things figured out. Uh, so they're probably not happy, but you know who's probably really pissed off is Toto uh if you guys know Mercedes at all. they did not show what they were supposed to be showing like it was ridiculous.

Uh so Mercedes uh I think Toto's probably just like punching a hole in every single wall that it could possibly find. so that was crazy. I don't know if you guys watched the UFC fight uh, but Jones once again dominant performance Bo nickel was the guy I was calling out to all of you on Friday just because he's in the Penn State Alum one of the big best NCAA wrestlers I think he wrestled at like whatever. the weight is like 184 and 185 three-time National Champion he made his UFC debut.

he won but it was a little bit in question because the takedown that he won like kind of the submission on he like appeared to knee the dude in the balls before um and that like that directly led to the takedown in which she won so a little bit. People not uh that the happiest with that but Bo's great like I think he's great but his win is actually being contested by his opponent. what's his name Pickett or something like that. so a little a little unfortunate development there for sure.

Uh and then what was the the Arnold Palmer classic uh concluded yesterday and it was pretty cool to the end. um uh Kiwa something I don't know. The guy who ended up winning uh I guess has gotten multiple second places so like really close. He's been like basically the first person to lose.

uh and he's got in second place like I think three times they were saying and I'm not really much of a golf Watcher but it was exciting. It was a cool like one of those like final like he needs to crush it on these last couple holes and he ended up holding off a very strong strong field. but I don't know I'm not really I would be more into golfing if I was good at it but I suck at golf I've only gone like twice in my life and I don't know like what the hell I'm doing So hey, if you are a golf fan, check it out I think what was most exhorting to me was uh, if you guys saw it Netflix They had their first official streaming event and their first official streaming event was Chris Rock with his stand-up comedy special. now allegedly just from what I found on the interwebs, he was paid 40 mil for it and it was pretty good A lot of it.

A lot of it was him talking about the whole Will Smith situation and basically making fun of him and endlessly calling. Will Smith an absolute um so if you guys haven't seen that, especially if you're a fan of Comedy check it out. Chris Rock is kind of like one of the the legends of comedy and I thought it was a pretty good special I Don't know if it was necessarily like my favorite special in the world, but it was a good special and then, uh, obviously kind of big moves. almost.

We're seeing a shifting landscape in the world of Comedy uh now that the streaming services might get into live streaming of Comedy Um so uh, it'll be interesting to see if Netflix thinks it was a worthwhile Endeavor or not. If they are going to be like okay, we're gonna get more comedians to do this and then our other streaming services Hulu Peacock HBO Are they gonna copy it and start doing like other live streaming like is it going to be just comedians? Are they going to all try to get some more? Sports deals Are they going to try to get into? maybe concerts like just like typical Live Events Uh, it'll be interesting to see the business case of if this is worthwhile or not. But anyway, that came out and unfortunately I haven't been enabled to check it out quite yet. but uh Creed 3 came out Creed 3 came out and I would love any of your opinions on it I haven't seen it yet I like the first Creed movie I like the second Creed movie I liked all the Croc uh the Rocky movies excuse me? uh so would love to get your thoughts on it.

Is it working? Is it is it working at all? um I See that one person in here is having issues with the volume, but just so you know it's exclusively you like d-box I can't hear you on YouTube it's a you thing because everyone else can. Uh, just so you know I see some people commenting about AMC we could talk about that Trk We could talk about that What The order? What is going on with my positions right now I'm so confused. um something went a little bit Haywire on me something went a little bit Haywire on me and I don't understand what my code is doing my code I try to like back up everything for the algorithm and in doing so, it like really screwed me over. Um, close piano.

wait I just made thirty dollars folks. I'm so wildly confused. so incredibly confused about what's going on with my positions right now. Uh, so I should probably figure that one out.

Uh, and it says that my I should. My position should be flat right now I very much don't know what's going on, so maybe I need to figure that one out. Um, anyway before we get into it because we the main thing about today is going to be what in the world is going on with China We got some important China economic updates. We have to be talking about what's happening this particular week because here in the U.S uh Jerome Powell The chairman of the Fed, he's going to be speaking I believe to the house tomorrow and then the Senate on Wednesday or maybe switch that so we're going to be streaming those events uh Tuesday Wednesday So we're going to be talking about that because potentially some craziness.

and I mean even if you've been paying attention to the mark Thursday and Friday of last week huge green days in the market, we're getting technical breakouts. Things are going to the upside. The question though is recently we saw somewhat I would say argue of like Wednesday of last week maybe Thursday morning because we opened up so poorly I would argue that that was a bear trap and I would argue that I was a bear caught in said trap. Now I'm kind of curious about the two-day run that we've seen Thursday and Friday Are We Now witnessing a bull trap.

So I want to share all my thoughts on that because if you haven't been seeing the markets Thursday and Friday it ran, it ran, it ran and the question is will this continue? Is this real? Is this legit? Is it fictitious or is Jerome Powell Gonna say some things between Tuesday and Wednesday of this week tomorrow and the next day that just kicks the market in the absolute nut sack. So we want to talk about that. We have some updates with Tesla cutting the cost of two of their models so we're going to getting into that um and then just some other like little generic stories about another bill is being presented to ban. Tick Tock So a couple things to just get everyone a little bit more grounded, feel a little bit more comfortable.

A little recap of what played out last week: we'll get into seasonality and then kind of more of a some forward-looking statements as they would say in an earnings call like okay, like what should we all be prepped for now before we get into all that good jazz though, if you haven't already, make sure you hit the like button. don't forget to subscribe, but most importantly, show a little bit of love to Streep It's a 9 payment for order flow brokerage that you can also opt into trading algorithms like you put in your money. It does all the buying, all the selling for you. You don't do anything, you just put your money into it pinned to the top of.

Chat in the description of the video and as a little bit of love. They're going to give everyone anywhere from five to five thousand depending on how big your initial deposit is. Just make sure you're using the code map when you sign up M-a-t-t Uh, thanks for everyone hitting the like. Thanks for everyone subscribing! Now with all that being said, let's let's get ready.

So here we are. This is the S P 500 aka the overall Market 500 of the biggest companies that allegedly accurately represent our economy. So we've been going down ever since. Whatever.

Thursday Probably the 16th right here. The first red day trying trying Trend Trend and things got kind of interesting on Thursday March the second right where my cursor is we gap down. we opened up even below where we were. We had the Shelf we opened up below it, but instead the Bulls showed up and they fought and fought.

and fought and pushed things really high creating a bullish engulfing candle. We opened up below the low of the previous bar and then we ended up pushing above and closing above the high of the previous bar. So right here, where my cursor is. this is referred to as the bullish engulfing candle and then with seasonality supporting it.

We had a very strong day on Friday as I show you in the newsletter and put it on locals, blah blah blah Friday We knew it was seasonally strong and this particular year it also played out that way. So we had two big days back to back. to the point that we broke out of resistance 400 a key technical level, a key support level or excuse me, key resistance, key, psychological. And then we broke about another one just in at 402 and some change.

and right now we're at 404. Next one's at 405, which is actually kind of where we're currently at in pre-market trading. So I'm watching 405 and after four or five, I would personally be paying attention to 408. But the one thing I want to point out to you for the day traders in here, we are opening up above the high on Friday the high on Fridays right here 404, 45.

Which means that there's a downside Gap fill opportunity Uh, to the tune of about like 55 60 cents. Right now we're about roughly I don't know we have 15 minutes. Uh, so we're trading at 405. The high was 404.45 Which means that there's about a 50 Cent differential Delta that there's a very good chance.

we get that Gap fill of today and actually is there a little Gap film. There is a little Gap though from Thursday to Friday Uh, looks like we have about a 30 35 Gap film. Um, so just want to put that out to all of you. actually I'll just leave these up.

So we have a gap fill down to 398.69 and we have a gap filled down to 404 45 this morning. And just so you know, for people looking at the Gap fills to the upside, there is one to like 421 and some change from mid August of last year. But anyway. uh, two upside gaps.

So we have two. That means we have two downside gaps to be filled to clean up the chart. I Think it's gonna happen? Uh, it doesn't always have to happen the next day. There's no such thing as like, oh, things have to play out in the market.

It's a game of odds Like you're always looking for the deck to be stacked in your favor and then when it is, those are the opportunities you go after. So I think today I would in no way be surprised if this is a little bit of a choppy, like just a technical chop kind of a crappy day because of Jerome Powell Talking to Congress We have the house and the Senate this week Tuesday and Wednesday tomorrow and the next day. So today might just be a classic holding pattern like kind of what we've been seeing a lot lately. especially like in here Some of this junk was we were volatility going nowhere, so swing so the upside to the downside.

but by then to the time we got to the end of the day, not much of a movement. That's kind of my mindset of today. Speaking of today, stock futures are little change As investors look ahead to Pal comments jobs data this week. Well, they probably should have updated me now because it is pushing.

Yeah, they rise slightly. That makes sense. Um, the Dow, the S P and the NASDAQ are all slightly green. The Dows actually Break Even s P's up point to the Nasdaq's up 0.4 and then you have oil once again hanging out just below 79 a barrel.

Now in terms of seasonality for the people in here and you're like hey man, I don't like to be predictive at all. just give me the facts. Well, that's kind of what I do in this newsletter in the newsletter and I put out the third issue of it on Sunday Bulls on Parade Issue three Houston we've had a problem. Uh, that was in reference to the fact that my positions are not so good at the moment and that's why I called it I Hate this game Anyway, I broke down the market and you could read that for yourself.

But what I wanted to point out is for today: Monday March 6th testing this individual day buying at open selling at close back testing that for the past 25 years the Bulls have won this day 44 of the time. So a little bit worse than flipping a coin. but the profit Factor has been 0.32 as in those losses. As in those 60 What? No excuse me, The 56 percent of the time that the Bears have won, they have won pretty handedly.

As in every dollar spent to be a bowl, only 32 cents has been returned. Uh, so pretty large losses for the Bulls Pretty large wins for the Bears So it was kind of choppy and and then ever since I Don't know. Seven eight years into it, it started to get pretty bearish and recently it's been getting very, very bearish. So this is the seasonality of the day.

seasonality. As many things in the market, it doesn't guarantee anything. It's just once again giving you a little bit more of insights to. okay, no, are you running into headwinds or are you being supported by Tailwinds On this particular day, it does.

Seems like the seasonal bias of the day does support the Bears. Um so I wanted to throw that out there and before I forget I do have a quick training or question for all of you. So in here I'm giving you updates of my account value. As you can see the account value Live is down but obviously the realized piano on the year we've locked in 570 and on Friday I locked in 114.

um this is all 100 free. My question for you is these charts for the current position So basically I do uh, close positions, new positions and current positions. My question is the chart breakdown of like is this only necessary when I make a new position or do you like it when for all the current position updates like my question to you is are there too many chart pictures in here like should this these types of pictures only be here for obviously the seasonality and then also the new positions or do you like it for even the current ones because like not much is changing with the current like all that's changing in the current is the new bar and I didn't know if it like got a little confusing I don't know I just wanted a little bit of feedback on that and also I've decided that maybe I've also done okay like the current value that's a new thing that I just added in. Uh, one thing that I want to add in is basically for everyone reading it opposed to going to all these different sources.

I wanted to start adding in things such as like okay the next day. Here are the major things like for example today at 10 A.M we get Factory orders. it's kind of important. not the most important things really get exciting this week.

once again at 10 A.M Thursday Tuesday March 7th Tuesday March 7th 10 a.m Fed chairman Powell testifies the Senate so Senate first and then Wednesday uh you're gonna have pal testifying to the house. You also get job openings. the adults report you get the beige book at 2PM we have more Fed members speaking later this week and then on Friday you get the unemployment rate the unemployment report. So it's going to be an important week going to be a very, very important week.

But the main thing I would argue that most people are paying attention to is what will PAL say to the Senate what will PAL say to the house and then what's the unemployment report going to be on Friday I Also want to call it out to you right now that I will be unable to stream on Friday uh I have to actually get my butt on a plane and fly somewhere a little bit warmer to kind of do a filming thing. an engagement thing that I think is going to be pretty cool. um I think there's going to be some cool stuff coming out of it. some good content film.

So anyway I just want to put that out there. Oh, but also, that's what I want to put into here. basically: I Want to make this newsletter like a pretty simple, easily read, easily digestible like One Stop Shop for the next trading day like I Want to give you the seasonal bias I want to call out the the major earnings I could even put in there and be like hey, just so you know tomorrow we have this, this, this, this and the other thing. uh, so more of like and it's free.

like I'm not trying to charge you anything for this I'm just trying to think of the best ways to make it most readable, most digestible, but most importantly, have like the most value. All right. So here's what you can expect from Jerome Powell This particular week testimony more data Joe It doesn't stop. And and here's the thing: Powell is sitting for two days of testimony and he's going to have to tell Congress that a year into what has become the most aggressive rate hike cycle in a generation, the FED still isn't confidently on the road back to its two percent inflation.

Target He's probably likely to suggest the possibility of rates higher than the prior Uh consensus of the Fed from the Summary of Economic Projections of 513.. he's going to suggest of course, race will remain at this peak level for some time indicates some but of course not sufficient progress. The big jump for Powell the economy not cooling and inflation not showing its headed to Target anytime soon. Rubila Faruki from Uh.

High Frequency Economics writing over the weekend. Apart from a slump in the most interest rate sensitive housing sector and a slowing in manufacturing, monetary policy has not yet had the desired effect on prices, the labor market, or the economy. If rookie thinks there's not much the Fed can do right here to slow down what is the Troublesome sector of service inflation? Because it's driven by higher wages, job growth, and pent-up demand and a lot of that is for travel, she's growing. She has growing concerns the FED is going to cause a recession here by leaning hard against the economy.

Power can be expected to at least affirm the Market's new, more hawkish outlook on the FED. It sees a terminal rate of 544 545 by October, but he could do more to lean against hopes for some easing this year. And of course, as we've shown you last week, more easing is built in next year. He's going to be a little careful though.

keep options open in case that Jobs report Friday shows some signs of loosening as it is. Wall Street Forecasters: zero growth of 225, unchanged unemployment at a 53-year low, 54-year low of 3.4 percent and Joe I'm not I've talked to a bunch of guys, they don't see a big revision it's hard to count on, but they're not seeing a bigger Vision to that 517 for January All right. So once again, if you want to re-listen to it, that is from Leesman at Squawkbox of just really what to be expecting with Pal on the hill speaking with the Senate tomorrow 10 a.m and then speaking with the House Wednesday at 10 A.M Also on Wednesday we get the Jolts report and then on Friday we get the unemployment report. So important things happening in terms of speeches or I guess we could call them interrogations but also economic reports and I'll make sure that that is all called out here in the newsletter.

Fed's rate moves put manufacturing sector at risk. The American manufacturing sector is starting to show signs of weakness after two years of strong growth as higher interest rates and a Slowdown in exports threat in production new orders for manufacturing Goods contracted for the sixth straight month through February manufacturing output is down 1.7 from its post-pandemic peak in May of 2022 and the commerce's Department's measure of Civilian Capital Equipment orders the building blocks for business was down 3.4 in January from its recent high in 2021 after adjusting for inflation. So not so good, especially in the current inflationary. Like we're seeing these signs that the economy is not that good and I get it.

I Know that there's a lot of things you can read and hear about like oh, it's great. No, the Market's going to rip. We're going to have a phenomenal year I Just don't see how I think right now the underlying data set that we're being given from whatever Bureau of Labor Statistics All that good jazz. The economy is under pressure right now.

It is clearly Under Pressure right now and eventually things are going to be fine. Like if you ask me about long-term investment yeah, long-term these classic. The overall: Market These classic ETFs or Classic Blue Chip stocks. Yeah, for the long term, they're great, but we're talking about more of like a multi-month time frame right now.

I Don't think we are out of the widget I Want to be very clear on that and apparently neither does the bonds Market As of now, there's about a 69 69.4 chance that in the end of March that's the next Fomc meeting the Federal Open Market Committee meeting. That's where they decide the next rate hike. And as of now, we're at 4.5 Looks like there's a 69 chance that we're going to be at 4.75 So they're basically pricing in a 25 Bips rate hike and obviously that means that there's about a 30 chance that we're going to get a 50 Bips rate hike. Obviously, these numbers are going to solidify a little bit better and be a little bit more accurate the closer we get to the date because there's various other reports we should be taking in the unemployment report, the Jolts Report, the CPI report I Don't know if there's going to be a PC I Believe there's a PC before they actually have this decision.

so the numbers like these are accurate numbers. I'm not trying to say that they're inaccurate, but I'm saying that they definitely will be moving if there's any surprises in said reports. On top of it, we're also this is the last major week of earnings. Well, I would say the major ones ended a couple weeks ago.

This is the last week of earnings for Q4 of 2022. So check all these out! Uh, if you want to be paying attention or play these or whatever is appropriate for you, um, um, I'm going to be paying attention to some of the consumer ones such as Dick's Sporting Goods Uh, there is a couple of just like normal I guess you have Ulta Beauty JD Campbell's Mongodb that's a Tech play. uh Stitch Fix was another one I Just kind of want to see the strength of consumers right now. so those are the ones I'm going to be paying attention to, but obviously plywood is appropriate for you.

If you want to play these at all, feel free to screenshot it or feel free to show a little bit of love to at E-whispers on Twitter if you like it I find these Graphics to be very, very usable. So speaking of individual companies, One Update that we're getting now: Tesla Cuts Us Model S and model X Price is between four and nine percent. It's just we're in this upside down world where apparently like this kind of news not necessarily good news, but then the Market's reacting to it properly. So I just wanted to put that out there for all of you that Tesla may be more funky than normal with this type of stuff.

Um, so range from four to nine Performance: Model S X So it's the fifth adjustment since the start of the Year Wow, that's a lot of price changes. The desire for people to own a Tesla is extremely high. The limiting factor is their ability to pay for a Tesla. So I mean it feels like they're kind of undercutting their competition, which is a smart business move.

But then what's that going to mean for their profit margins? And on top of it, we do have some renewed I guess political concern with China I mean hell. China Government itself called out Elon because of what he's doing with Twitter allowing them to push certain stories that they're not really that happy with. So um, I Know it seems silly that those things have to be considered, but they definitively have to be considered. China takes a cautious approach to its economy in 2023.

I Want to talk a little bit more about this because it is important. Obviously, Uh, China's economy is a big aspect of the global economy, so we should know what is or isn't going on there. And then we also need to talk about this related to China's Senators to launch bill that will help ban or prohibit foreign technology like Tick Tock So those are some things that we're going to be getting into. but before that belt goes dingity ding ding ding to kick off this week Monday March 6th entering a pivotal week, it's for all those things I just listed unemployment report on Friday we have the jobs report on Wednesday we have Jerome Powell speaking on both Tuesday and Wednesday important Import in week China's cautious Outlook well that kind of gives it away, but we're going to be talking more about that of they are not as optimistic in their bullish growth as they were previously which might be signaling some serious concerns pulse of the consumer.

So thredup uh today Dick's Sporting Goods Stitch fix Adidas Gap Ulta Once again, we're going to be just learning more about the strength of consumers for I guess discretionary income type of spending. so I'll be listening to those. Tesla Cuts Prices again Apparently the fifth time this year. Four to nine percent.

Very much like hell obviously. Ukraine that whole war is still very very very much going on. All right. so we have some things to get into.

obviously we are going to be talking about: China apparently another Train derailed Norfolk Southern Another one. um another. Like how you would think like, maybe just fix whatever the hell your problem is, but this happened over the weekend. Uh, this time.

Unfortunately, no toxins aboard. That's good. I Want to talk about how Binance we covered this a week or two ago? But anyway, Binance, it's starting to look more and more sus. The more you look into Binance, the more sauce it looks.

Text from Crypto giant Binance reveal plan to elude U.S Authorities: The exchange was uh, intertwined with an American firm portrayed as independent Now Regulators are circling. so we're going to be talking about that and we kind of already talked about this. but if you haven't seen it already Chris Rock slaps back in Netflix's first Live Comedy Special and allegedly he made like 40 mil off of it I thought it was a pretty good special I Highly recommend that you all check it out. Uh, definitely check it out.

it is on Netflix Okey-doke Now with all that being said, the Bell is about to go. Ding ding ding ding. Let me turn down this audio over here so it doesn't blow out your ears. Um, so there is a downside.

Gap Fill on the Spy I'm hoping there's a quick pop in the morning because I'm looking at my robot right now and the robot. My own personal robot appears to have a long position. Uh, uh. so it went long.

It's weird. it went long, then went long again. here's the first time it went long. Here's the second time it went long and then on the first one that it went long.

it captured the profits here. but now it's long at this point and now I'm confused about what it is doing or what it isn't doing. So now I have I'm trying to get out pretty much at break even. Uh, just a quick dollar gain.

So I can go flat and figure out what in the world happened. but uh, in the overnight session it lost some money currently on the day. I'm down 169 on this robot. but I just want this to get filled really really quickly.

so I could go flat and then figure out what in the world is going on with the code. But yes. dignity. ding, ding ding.

The casino is open. Best of luck to all. Play responsibly if not have fun. Come on.

make me my dollar. Make me my dollar. Go Go Go Go Go Go Go Go Go Go Go Go Go Go Go Go Go Go. You could do it.

Let me just get out of this. Don't punish me too too bad. I Think the issue and this. I don't know.

maybe this is specific to the people who are on this watching this trading future systematically. I think I had an issue with my backup I was trying to back up my code and everything and I think when I back things up I must have done something uh, inappropriately because I was doing that last night right when the Futures Market opened the Futures Market opens up at 6 00 pm on ET on Sunday evenings. Uh, me? Come on. Well that was close to almost being able to get me out.

but no cigar, no cigar. Well anyway, the audio is on for that so you'll know if it's getting its filled or not. Uh, did we get to gatfill on the Nope. Gap fill on the spies 404 45 404 45 This is the downside.

Gapville 404. 404.45 right there. That's the downside. Gapville uh Tesla's taking a hit which I very much needed to.

Unfortunately I needed to take like um like I need this sub 180 at this point to have like any luck and met has been ripping. Um so if you've been reading the newsletter, you know that I sold 190 by 192.5 a call Credit spread against Meta. So I sold the 190s I bought the 192.5 and it it's just ripping my face off. At this point it is not a good situation for what's happening there.

Um so I'm hoping that Meta I hope this is the peak of its run because I'm about to be in some serious serious pain. Um, if it keeps going I'm gonna have to do something and I've explained all this in the newsletter. more of like a defensive structure. Oh hang on, are we gonna get it? No.

I thought I thought the cubes were running a little bit better than they were. Come on, but this is the major position that I'm worried about currently. Uh, in terms of all the premium that I've been selling just because we're so incredibly close. and I I have no idea what's going to be going on with this play.

It's not feeling good, not feeling good at all. right? Is this about to get its fill? Come on. come on. get me out of this.

Just get me out there. we go. Okay I got out without losing money. Um I basically got out with paying for commissions time frame.

We'll just go to the 15 minute and then let me go to this. let me go to. Okay, what is it trying to do right now? It would sell short. These are the staged orders I know you can't see them the best.

but right here here's all the orders that would get filled from the bot like it just went all. Haywire I mean look at all these like the the blue lines are winning lines. the red lines are losing lines like it got. I I somehow really messed things up and I don't quite know what I did with the algorithm so trying to get that one all figured out.

but anyway, where would it Go short? it would go short at sell short at twelve thousand. Does that make sense? Okay, it does make sense. I Think we are good now. Strategy to positions positions match true.

All right. I think we're I think I'm exactly where I need to be. Now with the strategy so that's good and it didn't horribly blow up in my face. So I'm happy with that happy.

Hey, there's our cocaine bear. Hey, there's our cocaine bear. Um, folks, hit the hit the like button. Hit the Subscribe button.

Where are we at? There's 1800 of you here on. YouTube I Mean we should easily be at half that. for likes, we should be at 900. So I guess you guys just like hate me this morning.

And then where are we at in Rumbleland? Where are we at? And there's 1800 watching on Rumble 1700 and only 80 over there. Wow! So YouTube woke up this morning and was like we hate Matt and then Rumble's like hold my beer we hate Matt Even more we hate Matt even more Matt Did you go on a bender yesterday? No. I actually had a really productive day yesterday. I Woke up a little hungover because I got I was out way too late watching the UFC fight on Saturday but I got up I slept in a little bit, got up right away to work off my hangover I went to the stair stepper and then to work off my stair stepper.

I hit chest and I hit shoulders. It was a good chest shoulder workout yesterday and then I just do you know how some days you just have those days that you feel more productive or you are more productive I did all my laundry I did all my dishes I had to fire out some emails Uh I just had like a list. a laundry list no pun intended of things to do and I crushed it all. crushed it all, crushed it all.

crush it all. So I hope you guys also had a productive weekend and if you didn't I just hope you had a good weekend. productive or not I just hope you had a fun, relaxing weekend. Can you like that? I'm watching your stream Thanks Jmvs I wish I could like the people who do like my stream like I Wish I wish creators had a way to go to your account and give you a like like we're all just like giving each other likes like like like like like like like like I watch both magic mics yesterday.

Are you getting prepped for the isn't there a third one coming out like the final installment of Magic Mike uh snack. why don't you like me? snack pack if you are saying that you're like one of those chocolate pudding packs I very much like you I would actually go to the extent of saying I Love you? Uh, can I get a participation trophy? Yeah, we all get participation trophies. It's out right now. Oh, it is out right now.

Uh, come to Miami uh judging by your name I I do appreciate the invite I am or YG can you give me a girlfriend like Matt please can you give me my girlfriend? wait Can you give my girlfriend a like map please I I give her a like like given Fun fact: Matt it's the first movie imagine my uh hour and 20 minutes Fun Fact: Matt is in the first movie of Magic Mike yeah that's actually how I got my streaming start um was was being Channing Tatum's dance instructor and Magic Mike Not a lot of people know that about me. Not a lot of people know that about me. Okay, here's what we need to go. um: I See some people talking about what's going on with Trk I see more people chirping about Trka? Uh, it's another one.

It's pumping. Eventually it will dump I I Don't want anyone being uh, misconstring what I'm saying. This thing can very much rip to the High Heavens It has over a hundred percent short interest. It is a highly shorted low float penny stock play.

This thing has the capability to really rip. Does that mean that it's gonna keep ripping to like whatever dollar I Have no idea I just think this will go to whatever Point like when you throw a ball in the air. eventually it's gonna Peak and then it's gonna come down and I Think it's going to come down absurdly hard. Uh, it doesn't appear to be really coming down yet.

Today it's going up and up and up. But to me I wouldn't play this I think this is a sucker's play if you're in it. hey I wish you the best of luck I Myself have played many different degenerate plays in my time like I'm not like mad that you people are trading and if you do it I want you to make money. My biggest suggestion would be as soon as you reasonably can move your stop loss to at least break even so you're not risking any of it.

Any of your profits like don't let a nice profitable play go against you and hurt you quite a bit. This will probably end with a lot of bag holders I Can't guarantee it, but just look at how these have all played out. I Mean we seem to be doing this every single day now. This looks exactly the way Gtii did.

it had a multiple big rips and then it ends very very poorly. Actually looks like GTI is picking back up. Um, what was another one clove, another one ripped, got dumped on people bbig, another one that ripped and got dumped on people. Uh Mullin another one that ripped and got dumped on people.

This one multiple times and what was I Just realized this one Gns another one ripped got dumped on people. All of this, you can make money off of it. I'm just saying recognize the pattern if you think Trka or Gns or Mullen or clove or GTA they're not good companies. these are trades.

There's a very big difference between a trade and an investment and that's what these are. all these Gns Mullen Um, Bbig clothes. The list goes on and on and on and on. They're good active trades, but especially the ones that are penny stocks such as Trk.

You can make money off of it. I mean even recently, this thing has now ripped 212 percent. You can totally make money off of it. but I'm just saying for the people who are listening and you're like oh well, hang on like is like should I just be putting money into it the way I like I might something like apple or Nvidia or Microsoft oh absolutely not.

Absolutely not. Huge, Huge, huge difference. That's an active trade and if you're in it I mean I Hate penny stocks but if it's your cup of tea I Wish you the best of luck I Hope you crush it I Hope you make a lot of money on it. Uh, good morning Matt Have a great day buddy.

Thank you. New to it Jim Is Qnt Quant good Investments I Have no idea what Qnt is Crowder any way you look at it. Was offered a contract and by knowing was he gonna sign it. wait why are you guys arguing about that here? I Mean it's tough to say how many millions was he being offered like.

I I don't know if I would call it like. Maybe you could say it's not favorable because for example, like he would lose money if he gets demonetized or kicked off of YouTube which he already was like. But those are the points of the contract that you would argue. But you can't say it's a contract when you're being offered many many millions of dollars.

many many millions of dollars. Yeah, Q and T Why are so many people talking about Qnt? What is Qnt? I Don't Are you guys just like pumping some coin or something? Is there a crypto? Oh yeah, you guys are. This is what you're pumping some crypto. It's literally a shake one.

All right. Um, my official call out on Qnt based on the fact that random people are trying to push it is probably too shorted I don't even know what it is, but no good project needs to be pumped by random accounts on the interwebs. So my official call out on Qnt and I don't even know what it is. This is the first time I've ever heard of it is that it's probably just a coin.

Just a coin. Uh, rum ripping. Oh rum is moving all right I Wanted to see Meta coming down. That's awesome.

Rum is having a great day. Rums up six percent today while the next Apple's actually having a good day too up 2.5 percent I Wanted to see Meta coming down so that's making me feel better. Uh, add Meta to watch us is oh, Meta is there I Need Coin to also be below 72. I'm actually feeling confident about coin? uh and I explained this fully in my newsletter.

Well, more so I showed you the video with Marco Hodis about uh Silvergate how many of you saw that interview with Marco Otis we posted it on Saturday Did you guys all see that? Yes, No. Maybe. so uh yes, no maybe so uh I'm in Qnt around fifty dollars Qnt is you probably shouldn't be in it. uh I think rum is being squeezed by left-wing choking off Revenue flow the revenue flow I mean they're getting good investors I mean I even for me like I I see what's going on with my CPM and that stuff, not investors? sorry, that's not the right word I mean um, like advertisers I think people are very much willing to advertise on Rumble I mean as a Creator I've been in contact with the company and they're trying to get more host red ads like they're setting up the host rides and then the content creator basically says yes, I want this or no I don't type of a deal uh, but they're getting them I it is uh, the utilization as in as many shares that could be short against Rumble it is short.

All rumbling needs to do is lit. YT Continue to its mission to piss off people. Yeah, pretty much pretty much you need big. Marco Otis To yell into Trk Trk is just a silly plan.

I Don't think it's the best Capital Efficiency Obviously, we all have a finite amount of money unless you're a market maker. but I'm assuming you're not a market maker. Trka it. You're so late to the party, you're so incredibly late to the party.

To make the big money, you need to find the things that are starting to move like now, not the ones that have been moving and big moving. Um, there's some sort of psychological push to do that type of stuff to like. always be late. and Chase and Chase and Chase the market is not a place that commonly rewards you for chasing.

Once in a while you'll make some money off of tasting and like that will unfortunately instill bad habits into you. But if it works nine times out of ten, the tenth time is gonna hurt you so bad that you're gonna lose your profit from the first nine. Uh, chasing is so silly. Um, why are people on the interweb so mad at you I don't know where are they butt stuff or where are they mad at me at I Didn't know people on the interwebs were mad at me.

Oh man, there's a lot of Qnt bots in here. This is a live Q and T stream. Glad I found it. It's interesting we're gonna have to ban the word Qnt because this is just annoying that someone like I can tell you we've been through this before, but this is all paid Bots Like none of this Qnt stuff is real.

Uh folks, this is your very serious red flag of avoid Qnt. and if you're not going to avoid it, the play seems to be shorting it because no good project is like using Bots to promote it. That's just silly. What's Qnt? It seems like a coin.

Uh, butt stuff keeps talking just because he likes to hear your butt stuffer. Oh wait, wait. we have Butt Stuff 365 and then we also have Butt Stuffer. It's a weird competition of butt related names.

All right. Um, Ronald you're on Qnt. Stupid big granddaddy. Matt You're the man.

You're the man. I Don't think the financials on Trk are actually that bad. Well, I mean you could I just disagree with you. Obviously we can all think what we want to think, but no they are I mean it doesn't take like you're telling me, the financials on this are not that bad.

I Mean it is down. even after it's crazy rip, it's still down 84 percent because it's bad. been around a couple of years Duck Shirt Hey Brother YouTube Never put you in my feed. People at work wonder why a 50 year old brother is watching this kid on YouTube Keep up the great work Rick What's going on man I appreciate that and you know what? I'm gonna screenshot this and I'm gonna send it to YouTube because we're like no like we always like serve your stuff to your people and I'm like I don't know a lot of you.

um a lot of the people tell me that they're not getting any of the alerts or anything like that. Uh so I have that. That's well. hang on.

Let me save it. Hello, we'll save it and then I will download I Appreciate you Rick Thank you so much and I hope you're having a good day at work and tell tell your co-workers to just get with it. Tell them you're like oh brother oh brother oh brother I think I'm a 50 year old too. Who thinks that they're the oldest person in here? Could anyone? Does anyone in here? Are you above? I don't know who.

What would be a good guess? Is anyone in here above the age of 65? Anyone in here above 65. I'm kind of curious I'm 35. shining Fox Are you actually 66? Can anyone beat 66 Big Granddaddy? Are you actually 73? 47, 59, 66, 64 above 73. we have two people saying that they're 73.

Pizza you're not 82. All right I don't know why I asked this I you guys just always troll me like is there gonna be a day that I can ask you legitimate questions without getting completely on. You're supposed to be my friends I Feel like that's actually the sign of real friendship? Do girls do that to all the women in the audience? Guys are really. You know, guys are really close friends if all they do is on each other, if they're just always making fun of each other and kind of needling each other, you know that those guys are really close friends.

Is that the same with women? like are women closer? If they're always each other, it on each other and not like a two girls one cup type of a situation. I mean it more like verbally Amber says that she does with her friends. Yeah, it depends. I mean dues are vicious.

It's it. Maybe that's just an aspect of Being Human If guys and girls do it, maybe it's just a function of Being Human All right, Coin not moving. which I'm happy with because I have this coin position. Wait, where's my Weeble oop I Want to show you guys an update of the the Challenge account? we're seeing if I can grow a 10K account trying to learn a little bit more and I'm just trying to be honest about everything.

Um, I figure that's the best way to learn. But anyway, coin, it's kind of close. We're trading at what 64 something like that and I sold a 72 as in I need it below 72 by March 23rd. Um I sold it at 50.

currently trading at 90 so I'm under water on it as of now. but I think Theta Decay will start to speed up and benefit me I Just don't see crypto doing well. This isn't a particular hit against Coinbase, it's more of a hit against crypto in general. At the moment, in time, it's supposed Silvergate looks like it's about to blow up.

I Just I don't see how crypto is going to be benefiting in the short term Tesla I need it below 220 as of March 24th and then I need to blow 245 as of the 31st. I'm feeling good about both of those. In fact, this one right here that I have highlighted should be taking gains today. I think the profit Target's either 25 cents or 20 cents.

But anyway, I sold that 70 currently trading at 27 so that'll be a nice game. The other one's pretty much break even. I sold it at 37 currently trading at Uh 44. um, the vertical here.

I'm getting screwed on this one. Uh, can you guys see this? Yeah, you can. Uh I sold it at 55, a spy 414 by 417 for April 6th. Uh.

currently trading at 103. Not so good. This is the one that I'm really worried about. Uh I have this highlighted: Uh I sold it at 33 currently trading at 93.

Meta I need it below 190. and then the other one that I actually feel fine about is the cues. Uh I sold it at 38 trading at 47 so a little underwater there. but I need it below 313 by March 24th.

So these are all the positions in the Weeble account. I do have some on think or Swim, but I'm actually in the process of closing it all on thinkorswim, taking that money and putting it into the Weeble account just because there's less commissions. If you're trading options, there is no way to avoid payment for order flow. There's just just no way to avoid it.

So if you're going to be engaging in options just so you know you are engaging in payment for order flow, it's it's just a completely different Market than like the equities Market Um, it's referred to as a single dealer Market but that's just like a very specific thing. So anyway, um, at that point, if you're not avoiding payment for order flow, you might as well save yourself money on commissions. And from my last week of like testing between the two, it does appear cheaper to trade options on Weeble than it does on thinkorswim. and the reasoning for that is Weeble itself charges you nothing to trade options, but there are other players in the game like they're It's not com completely free because you have to like the SEC takes their cut, the options exchange takes their cut, I think even the OCC takes their cut.

There are small little things, but it's pretty close to nothing and all of the brokerages have that and then on top of it, some brokerages have their own commission and that's think or Swim So I'm like, well if I can save myself a little bit of money, I might as well do it. Um, so I just wanted to kind of explain where I'm at on that of I'm not using Weeble at all. like to trade stock at all at all like it just doesn't make the most sense to me. Um, but I'm enjoying it thus far for options and if there's a better options platform out there, I'll let you know if you have a good idea.

you could definitely let me know. But at certain points, just like well, if I can save money on commissions and I'm never going to be able to avoid PFA for options training anyway, I might as well just do this. Yeah, um okay, so I want to go over all those? The bot is currently flat. I'll go.

Yes, the bot is currently flat in the Futures market and then that leads over to oh Rum is going today. Rum is up eight percent and moving a Rum will be having their earnings call. Matt Weren't you originally against Robin Hood and Weeble I am I Feel like I say this stuff and then people just don't understand Nuance at all I am against Robin Hood and I'm against Weeble for using payment for order flow on their Securities I Feel like I just people don't listen to me I I Don't understand how I can be more clear: if you're trading options, there's no way to avoid payment for order flow so that is a non-issue You might as well go to the one that charges you the least amount of money to trade options. I'm not trading Securities Well I don't use Robinhood at all just because I hate them as a company and I'm not trading stock on Weeble because they're engaging in payment for order flow so it depends on what you're trading, the type of security you're trading.

For example, where I own my stock is actually I was on public for most of last year but now I'm just going to start using Street B uh in a weird way I almost wanted to make two strippy accounts because it one was nice to just have it in the algorithm. I was like okay if I do stock, maybe I need a different account just so like the growth is like properly measured I feel like it might be easier to measure opposed to like my trades or I mean Public's a good one. No payment for order flow and there's it depends on like what you're trading and I know this is very nuanced and this is nothing I would expect people just to know off the top of their head because like this is never taught and why would you want to know it anyway and it's just really getting into like the nuances of Market structure and how it's set up. So I'm not expecting you folks to know it.

Um, but just to be clear, options, you cannot avoid payment for order flow. You can't avoid it. It's just how the market is set up for options trading. So if you're not avoiding payment for order flow, you might as well just do it at the place where you can do it most cheaply because obviously that's going to help your net.

p l Um, what's a good site to view the whole Market at once? Like red or green? Uh I Like this heat map from Finvis F-i-n-v-i-z So this is a look at the S P 500. So this is every single company that's in the S P 500 and obviously it goes from like dark red such as Eqt to bright green such as AAPL And some days this is all green. some days this is all red and then most days are like today where it looks like a little bit more. Christmassy Where you have certain strong sectors, then you have certain sectors that aren't doing anything, and then you have sectors that are a little bit weaker.

Like for example, today the energy sector looks a little bit weaker, but this is a free Tool uh for anyone who's curious and it is F-i-n-v-i-z Finvis I have no relationship with them at all I Just think it's a pretty cool tool and you could just sign on or just go to the website and then click on this over here right above my head and it'll bring up the S P 500. You can look at some other ones too, that's the main one, but you could look at the world markets if you want to see what's going on in. Australia China Japan United Kingdom Ireland France Germany Netherlands Mexico So you can see the world economy. What is one of those? ETFs The major ETFs by Vu blah blah blah blah blah so you can see what sectors are strong.

Uh, what's the full I Don't know if I've ever oh this might be the Russell like 3 000. Yeah, way bigger. A lot of these like little baby companies and stuff. but I would argue that the oh bubbles whoa what is this? What do the different colors Are the different colors? Just the different sector.

Are these all Tech I Haven't used the bubble one before I Usually just use map and S P 500 and then this is the heat map of just how the overall S P 500 is doing All right. Tesla's showing some weakness Rumble Showing some strength. Uh, coin. Unfortunately for me, showing some strength, Meta showing a little bit of weakness that's good for me.

What else do we have going on? Oh, one play that I was interested in beyond the Gapvill play WMT AKA Walmart Walmart Walmart Walmart Recently, according to Trend Spider, there have been, uh, quite a few people. Insiders right here. This is from transpire: Walmart Walmart Insiders have now dumped 1.8 billion worth of shares over the last eight trading days. Look at this, you just have big big players selling a lot of their Walmart Which makes me think okay, most likely Walmart's not going to be doing too well.

So I almost I Think this is a plan wanted to call out I haven't done it yet. How much free? Capital do I have do I have free Capital To pull this off free Capital To pull this off Options buying power. Maybe I'll throw a thousand dollars on it chart I Just think, let me see how nice this is all looking. Walmart To do options single All right, let me switch this over so you guys can see it.

Uh Walmart Walmart Walmart Walmart where's the Delta uh Delta Delta Delta Delta Walmart Yeah, See, it's just the volatility is not the highest which is a little upsetting. 145. Do I think Walmart's going to stay below 145? You have all these Insiders by the end of the month, will Walmart go up three percent? It does have big Strange Days It's just basically it's betting on it either going sideways or actually breaking down here. 145 Walmart 148.

let's bring this back up: I think there's a place somewhere in I Just wish the volatility was a bit better. 18 the 24th, 145. the 31st Walmart 145. It can't be good when they're selling all right Vertical 145 146.

not bad, not bad, not bad. Um I could do 10 of these. try to get 20 a pop. All right.

I don't know if I'll get the fill, but when I see a bunch of insiders running I don't think it could be that good. All right. Um, you will hear like the little ding thing if it gets a fill. I Just put the order in I'm trying to sell a WMT 145 by 146 so dollar spread and I'm trying to collect 20 cents for it which is a little bit less.

but that's just because like the volatility isn't the best. Uh, but it is what it is. So basically if this hits I would need Walmart below 145 on I believe I did it for So as long as we fast forward to March 31st, if Walmart is below 145, that would be the maximum credit and I'm spreading it by 146. So this uh, keeps if it gets filled I'm trying to get filled at 20 cents.

Uh, we have a dollar spread so I'd be going for 20 dollars. My risk would be eighty dollars and the chance of me making money on it at this moment in time would be 78. So 78 chance of making twenty dollars risking 80 and the way you get the max reward is being below 145 below it as on the on Friday March 31st. Uh, the break-even point would be 145.20 and then obviously anything above 145 20 is when you start to lose money with the max loss being eighty dollars per one and I'm trying to get 10 of those.

All right. So the Spy we are waiting for the factory orders came out at 10 at first, not so good. Tesla's coming down good I need Tesla to continue Down and Down and Down ah did I get where is Walmart why am I not getting this film Walmart Well, it's going up so I should be getting the fill somewhat soon and I'll let you know I'm trying to get 10 of those just because I mean dude, you have Insider selling like that. Why would they be selling if they uh I know random people within the world of the market search try to argue that Insider selling is somehow good I just don't agree with that I don't agree with that at all Caterpillar or Tesla After hitting record highs in January Tesla's finish, short volume has fallen off a cliff.

Interesting interest I Wanted to know uh, convenience spot for dovish comments from the FED in it Fed's Bostic open to further rate hikes pending new data targets summer pause I Mean that's not the most dovish Feds basic opened to further rate expending new data targets a summer pause. Um, almost like a perfect bounce. It literally was pretty much a perfect bounce which is now ripping my face off I Detailed this more in more of an articulate manner. but I think the biggest issue that I'm seeing right now in the premium selling thing is all of my plays are highly correlated and I think that's a good lesson.

uh, for me moving forward is to bring down the correlation and start training uncorrelated assets. Tesla Coming down Walmart Going up, spy going up or is the NASDAQ going up? So the Spy has been a little bit stronger, but the NASDAQ going flat. so Tech is weak today. Amazon is flat meta down and now flat Apple Up down now basically flat Nvidia flat looking weak.

the semiconductor industry looking weak. uh, what are the other ones? How's AMC doing AMC down. Gme break even up down now flat. Uh, we did Microsoft blah blah blah.

What are the Google how's Google doing Google's going up uh, for some reason Google is catching a bid coin popped to 66. Why is coin popping doesn't make the most sense? Uh, so you have eth going up, you have Bitcoin going up I Just with crazy news. like with Binance doing some Sus things with Silvergate about to seemingly blow up with some pretty serious allegations I just don't understand the short term both thesis on crypto right now I I Just don't get it. Uh, what else do we have? All right, All right, All right, All right.

All right. All right. All right. All right.

All right. All right. let me get this up. How's the dollar doing today? Dollars getting smacked? So I guess not the most surprising that the Spy is actually going up Google Strong Yeah AI had a good one.

Well, AI had impressive earnings c3.ai uh, even magneted it up there. It had good earnings and now it's just continuing. but it's just riding the AI excitement Trend right now. So if you think AI is here to stay and I personally do I mean this, this kind of makes sense, but it had good earnings, gapped up the next day, pushed all day, and it looks like it's continuing to fight today.

um, maybe a little bit. Chasey I mean the time to get into it was like before the explosion, then even if you waited, maybe if you felt good about the earnings, but now you're buying it at almost like a recent high. Is this also the all-time high? not the all-time high, but you're definitely buying it pretty close to a local Maxima which I'm just not the biggest fan of in terms of risk reward, but then that that comes up to you, Are you just trying to day trade it? Are you? swing trading it? Are you just investing in and you're like no man? I Like this company I like AI like where it's going. So I'm gonna buy this and forget about it.

It comes up to you and your thesis. but I mean on various time frames it's looking pretty good and in my opinion that matches pretty well with the recent developments and public excitement in AI Whoa. The Spy just popped there. The Spy really popped there.

Jeez. Rum running the market running. Dollar following: Tesla falling oxy flat oil now over 79 a barrel you have rum up 10.5 percent today. rum stock is ripping today.

Amazon is now getting a bit. Meta ugh getting a bid Microsoft Catching a bid Google catching a bid Apple Everything's catching a bid right now as the dollar is vomiting, the Bulls are still in control. So thus far uh, you have a very strong strong move on Thursday Friday and continuing into today. option order Filled Your order to sell seven or to sell WMT has been partially