I my I yeah you could take my SI Baseline hit some more eight Line This buy me a whip then I take my Pi then I find me a chick I can make my hey darkness in motion it's a 16 bar from the Dark of the ocean Flo pet train SE goes with a could have broken Meanwhile in Hell smoking won't let me get my roaching been promoting a green and a pure andp get Vex and they SL their words on daytime tell what they with work I got for the the best Bo and the best and you never you best keep walking rush me again see much talking old of VI swinging anding like boy don't test mean boy don't me too Flex like M get kick off chat about Gage always want to chat about damage sh you way to aage what be walking my about Savage if you got a team go get drenen you take my Baseline hit some more eight this buy me a whip then I take my Pi then I find me a chick I can make my bitchless in motion it's a 16 bar from the Dark of the ocean flow penetr goes with a dark a broken. meanwhile in smoking won't let me get my roaching been promoting the green and a pure and PE get Vex and they words on tell with work I got the best and the best and you know you best keep walking Brush me again see much talking old lot of vience swinging cors and soing a bringing like boy don't T me mean it boy don't me too much Flex like messy then get kick offen Venom oh brother oh brother oh brother hello hello hello. Welcome back to another episode of the Matt Kors show where you're Matt I'm Kors and together we are. The show.

Today is Tuesday November 7th and for those of you who believe in the Gregorian calendar, that means today is simply another money making day. Now for those of you who are watching the show right now and when you put your head on the pillow last night and you were dreaming about some sort of tech related bullish explosion to the upside, I am pleased to report to you that your dream your bullish NASDAQ QQQ Tech related dream of greenish upside appears to be coming to F Congratulations congratulations cuz Tech is looking like one sort of bullish Hungry Hungry Hippo this morning. so I want to get into that the overall: Market a little bit more choppy but early this morning and I'll be getting into this. We had some fed members making commentary gosby and then also Kosara sounding a little bit more doish than normal which is translating to be a little bit more bullish for the overall market and that's why we're seeing some enthusiasm over the past half hour or so in the premarket Trading of both the S&P 500 and the NASDAQ 100.

So I'll be getting into that. but Microsoft's looking strong Apple's looking strong Nvidia is looking strong. When those three players are looking strong, you're going to you're going to have like quite a bit of strength in the overall Tech sector, which is also going to be benefiting the overall Market because based on market cap, they are obviously large large players so we're going to be talking about that. We do have some earnings Uber came out Celsius came out day to dog came out.

We have an update on Wei work. We also have an update on other upcoming earnings such as Rivan. uh, we know Roblox is tomorrow Devin Tonight Upstarts. Tonight uh after the market closes tomorrow we hear from Disney we hear from AMC we do have some other major macroeconomic events not necessarily today, but tomorrow and Thursday Drome pal will be speaking, doing some press conferences uh I myself will be doing my show tomorrow from the GOP debate down in Miami Really, after this show, your boy needs to hop on a plane and get down to the Sunshine State so if you're in Miami feel free to give me a shout out.

I might be around but uh, right after this, I'm literally hopping on and playing, going down to Miami hopefully enjoying some Sunray I Don't know what the weather is like, but I can tell you the weather right now here in New York it's uh, cloudy. it's dreary, it's kind of cold. so I'm looking for something a little bit better. Um so GOP Debate: I Think the field is now down to five people, so that's all going down tomorrow.

that show. The show tomorrow morning morning will exclusively be shown on Rumble So if you're watching on YouTube right now, uh, you're not going to be able to catch me tomorrow. Uh, we're going to be on Rumble So make sure you're over there. and if you're watching on Rumble right now.

Hey easy peasy for you guys, you don't need to do anything, so that's going down. We do have some other things I want to get into in terms of just some like nerdy Market stat stuff just because it's that kind of stuff that actually makes you money within the market. So even though it's a little boring, a little dry, I'll try to Jazz it up a little bit just so I can keep your interest in it. Um, but I want to talk about that? uh I'll give you a review of the trades yesterday.

for those of you who were on the email list, server or even within the Discord uh, successfully locked in 4.2 4.3k yesterday on some basically Sul and premium. Um, so in the world of options doing a little bit more not like the most complicated but a slightly more complicated strategy than normal which I fully detailed and explained in the Discord Yesterday on a basically on a 40K account had a 10% return making 4K Uh, so if that's something that interests you, if you're in the world of option trading, especially if you like some zero DTE degeneracy backed by some actual math, um, feel free to join up. Mc. Locals.com is how you sign up for locals and that will successfully get you connected to the Discord if that's something that interests you obviously.

I I Don't want anyone to feel pressured. Um, but thus far people, the initial reaction is a positive one. So if you join the Discord Beyond knowing what I'm doing, my thoughts: other people are posting their trades, their thoughts. It's a great community of Traders Beyond that, we have weekly trading competitions.

There's a Weekly Newsletter on the weekend we do teachings. This past weekend we did an intro to options. This upcoming weekend we're going to be teaching about credit spread so there's going to be weekly teachings and in the this week or next week we're actually going to be hooking it up to some Trading robots that just give you generic bullish and bearish signals. obviously with a the history of their success.

So you know, like okay, what percentage of the time do they work? What magnitude? Basically the world of mathematical expectations as it comes to the market. But anyway, if that interests you, uh, no more live trades here. No, we'll be trading here. But the way like you're going to see my Futures trades here just because you guys are literally doing the trades for me.

Um, but the the premium selling ones have always been like specific to locals and now they're on locals and on Discord because I've noticed that people who already are informed about credit spread trades. they understood it. but sometimes since they are a little bit complicated people had questions. So basically I wanted to open up a form where people could ask about that and then also the ideas is to build it up higher and get into even more advanced options trading strategies such as whatever ratios, calendar spreads, diagonals, butterflies, straddle strangles Condors like that type of thing.

um, it's It's just sometimes it's easier to teach speaking, streaming with visuals rather than writing it up because sometimes people just like look at it a little bit differently. They have different questions so I find that sometimes the live setting is the best way to do it. and that's an interesting thing with Discord is obviously if people have questions they can ask rather than like the awkward delay of like going back and forth with chat and here so that type of a thing. But anyway, Mls.com is in the description of the video and with that being said, take a look at the market.

This morning we have plays like Microsoft looking Good. We have plays like Apple looking good. We have plays like Nvidia looking good. Do you know what that sums up to the NASDAQ knocking on the door of yesterday's high already knocking on the door of almost 370 which is also helping push the overall Market Uh, the S&P 500 a little bit to the upsid a spy currently trading at 4:35 Things are looking good this morning.

Things are actually looking pretty solid this morning. So technically if you look at the Spy really, the bullishness we're seeing early this morning is in the tech sector. so let me just quickly rip through this. But if you're looking at the Spy we're still perfectly in the middle of the past two days of trading.

Friday and Monday if we can get above and hold above 436 I'm then targeting the mid 438 if we get rejected at any of these levels. if we can't hold the trend line, basically if we can't hold 433 I Just want to let you know that there is a downside Gap F to 431 so that would be the bull Bull and bearish case play out. I'm in no way predicting if today's going to be a bull or bare day. I Must admit, things look bullish, but also predictions are like opinions like everyone has one yada, yada, yada.

Most of them suck 50% of the time. We're right, 100% of the time You get the idea that yeah, if you were to ask me right now and said Matt how is today going to go it does look like the Bulls have control. But once again, my opinions on the day are in no way how. I trade I Wait for the price to tell me yeah, we're getting major breakouts or we're getting major breakdowns and I just trade with the trend I'm going to be reactive to price I'm not going to be predictive of price.

Of course we all have our predictions. I Predict Today is going to be a nice bullish day because that's how things seem. If you look at the Futures Market the 3 minute, the 10 minute, the 30 minute, all the EMAs look good. We could look at the exact same thing in the tech sector which is actually even stronger.

Let me quickly load up this chart. you're going to see the same VI in the it's even stronger than Nzac 3 minute EMA cloud CL 10 minute EMA Cloud strong 30 minute EMA Cloud sh daily above the EMA Cloud Things are looking strong. So of course to me makes sense to predict that today would be a strong day. But obviously if you've traded for any amount of time that you know, reversals can come out of absolutely nowhere.

So once again, it looks like things are bullish. But I'm going to wait for conf confirmation I'm waiting for the breakout and the hold and then I'll be plac in my own bullish bets if that were to happen. Stock futures slip after NASDAQ Registered 7day win streak. Honestly I think they need it's not really even slipping right now.

they're actually holding so that's a little awkwardly old. Um, we have earnings early this morning Uber reported not the best Celsius reported they did well. Data dog I Forget the numbers off the top of my head. Uh, after the market closes, we hear from Rivan.

uh in eeve play Devin in energy play, oil play, upstart in AI I think real estate type of play like loans, uh, oxy and other Energy play wish we all know wish uh tomorrow Wednesday Roblox Fisker under arour AMC Disney Twilio affirm dualingo my question for you and Virgin Galactic actually as well. Um I don't really like talking about AMC at all because I find that those people tend to be zealots and then the people who aren't zealots already fully understand the situation of how crazy it is. But someone I don't mean this rhetorically. I mean this very nestly.

who in the world is voting in AMC to expand the legal coverage of Adam Aaron and the rest of the board I like I I was trying to put my place my like I was trying to put myself in the shoes of someone who's like, you know what? Adam Aaron does deserve more legal coverage. Who in the world would ever ever vote for that? The guy who's absolutely demolished his own company stock while lining his pocket using retail money to overpay an actress to do commercials, to invest in a gold mine, to do stupid Nft stuff like I I Just don't get it I Don't get it at all and they're like yeah, yeah, yeah, no more legal. He deserves more legal coverage. Why would you need more legal coverage if you didn't do anything illegal? The fact that they're asking for more legal coverage tells you that something's up.

I Don't get it I Don't get it I don't get it whatsoever. Who in the world would do that? Um, obviously those are my thoughts. My opinions I think from my own I guess discussion related to this. you know which way I voted but if you still currently own AMC Um yeah, vote vote I think you need to get your vote in by like today actually.

um so make sure you cash your vote and I had a lot of knows across the board personally Nintendo hikes profit forecast as Mario movie Zelda the game Breathe new life into switch console so Nintendo actually doing pretty well Mario Hit Zelda Hit Just want to let you know a little bit of covering the world of: Esports You know what's not going so well. Wework goes bankrupt. Signs pack with creditors to cut Debt Inc's restructuring support agreement with secured note holders. The Chapter 11 Fin list nearly 19 billion of debts.

Let me turn on the sound here we're looking at: Wei Work here. This is something which has had been anticipated. They filed for bankruptcy protection. Chapter 11 Bankruptcy Protection in New Jersey Um, this has.

it's been grappling with long leases and uh, and customers and clients which just really haven't been able to make up the difference in the pricing here as well. So there we go. As expected, we work filing for Chapter 11 Bankruptcy in New Jersey So that this is the whole Adam Newman thing of it was a real estate play, but they got everyone in the world to believe it was a Tech play was grossly overvalued as soon as the real estate market term they got absolutely demolished I have a note on that but I want to answer this: Why do you need to talk about AMC Then you started lives because of AMC made so many subscribers. Um well that's a broken sentence but I think I get the vibe of what you're saying no I started to live stream what's going on in the world You think I'm beholden to always being supporter of like a random stock.

no no no I got my following because people came here and they're like wow, this kid is telling the truth about something and if you can't see the difference in that I mean this wholeheartedly stop trading Now you will not survive in the market. You will get eaten alive. You don't have the intellectual or the emotional capacity to survive in the markets if you truly believe that like no you started talking about AMC when it was going well and then when it turned, you were realistic about why it was turning and what's going on. And I don't like that you're not going to survive I'm tell like I'm I'm attempting to save you money right now that if you can't understand that, people always update their thoughts and opinions as new information comes in.

That's how you survive in the market. If you cannot update your thoughts and opinions on AMC as new information comes in, that means you do not have the emotional or intellectual Heights to survive in the market I Am attempting to save you money. The the name of the game in the market is to quickly and accurately process new information. At one point in time all the information on the table things were looking good for AMC hence why it went from 2 to 72.

That thesis was right Now you have to ask yourself, is the exact same thesis currently accurate? The answer is no. A lot of things have changed Ever since AMC hit 72 with new information. You start to realize that the leadership specifically Adam Aaron is an absolute scumbag. You also realize that the only people still talking about it and supporting it are people who are just woefully uninformed.

I mean l like, listen to any of the space calls, watch any of the supportive videos. These are not people who in any way are representing any shred of intellect like you could just tell they don't know anything about the market. I'm a real ape, not like you? What's your definition of a real ape? I Mean I would guarantee you like whatever your definition is I'm more of a real ape. If do you really think being an ape just means you are like Garling Adam Aaron's ball sack.

Is that your definition of an ape? Because if that is, yeah, no, you're a real ape here. I was crazy Matt Thinking that being a real ape meant actually shining a light on the downfall and elicit and Aeris actions of Wall Street and bringing that into mainstream media. That's what I do Look what I'm doing with my platform right now I Cover it I Cover political Trading I Cover illegal actions by hedge funds I Talk about Market Structure You're here thinking being an ape is like literally walking around and holding Adam Aaron's ball sack and you're some sort of like you have like a financial domination King You love giving him money and then him pissing on your face and that's weird to me. but hey dude.

I'm not here to King Shain if that is your thing if that is your thing. if you're like dude I Just love holding old dudes balls, giving them my money while they piss in my face and act like the world is okay. that's just not my thing. Man, that's not my thing at all.

If it's your thing. I'm not here to. King Shame We're all into different things. We all have different brain structures.

We all get our rocks off differently. If that's how you get your rocks off, go for it, dude. But that does. You can't go around acting like everyone should enjoy the same Financial Domination Kink That you do.

That's not fair. We're not all going to enjoy it that like it. It's weird. Um, and and hey, if you're into it, you're into it.

Did shorts cover? No. So we still are holding. Actually a lot of shorts did. Cover And the fact that you can't even see that shows you how incredibly uninformed about anything related to the market you are.

There's been multiple turns of the shorts. It's not like it's the same shorts that were battling in 2021. The shorts who were there in 2021 are out. They took their money, they left.

They're up 90% So even this you do not know what you're talking about, you have no capability of understanding. Are the same shorts in You don't know what cost of borrow is utilization is? You just don't know these metrics. But then, yet, you have a bunch of the people within the community. Instead of being able to admit that they're new to the market, they cosplay as they're some sort of expert and they say stupid things like the shorts are stuck dude, if the shorts are stuck as in they are up 90% %.

we would all love to be stuck. That's the craziest thing. and yet you guys are like all in your little hopium like Twitter space calls making each other feel better. Who cares, Dude, Look at your bank account, Look at your P&l You are down drastically because you did not interpret new incoming information appropriately.

It's your fault. It is 100% your fault. That's what it is. You have no one else to blame but yourself.

You got yourself caught up into an echo chamber into a cult of people who are stupid and do not know about the market. Ask yourself this: Anyone who had any semblance of market knowledge: Why are they no longer within the AMC group? Because they left? Because all that's left over now is a bunch of absolutely crazy people like yourself. But once again, I I I I Don't care. It's your money, it's your money You're losing like I like I've come to this realization as a content creator.

As much as I want to help the entire retail Community There are some people who I literally just are unwilling to be helped. You can lead a horse to water but you can't make it drink and this is a prime example. You are a person who as much as I want to assist you and inform you about the market when you are just looking fact in the face and saying nope nope nope that's not real. There's nothing I could do about it and that's tough because.

I I I Really really did start this with with the goal of like, okay, cool I want to, uh, at least share my knowledge on the market, show things with sources and evidence and logical reasoning and there's some people who look at all that in the face and they're like N I just don't believe it man. I I Just don't believe it. Okay, cool, like sorry, like it's better. It's in terms of my time efficiency.

I Could reach more people who are reasonable and are willing to learn than trying to like argue with people who are just never going to admit that they're wrong. Like it. It's just a Time efficien thing and it's what it is. It's what it is.

And if you can't admit that, AMC's time has come and gone. It went from 2 to 72. That is a squeeze. The shorts got squeeze, the stock ripped over 90% in one day when it went from whatever like 35 to like above 70.

That was a squeeze. It worked, People blew up, hedge funds, blew up, people made a lot of money, and if you were just too greedy and you kept holding on, well, you're at the same level of the people on Wall Street that you're allegedly fighting. In fact, you actually might have more greed than some of the people that you're allegedly fighting. uh does Patty does Daddy Pal speak today? No, he speaks tomorrow and Thursday Daddy Pal the chairman of the FED speaking twice this week.

he speaks once again tomorrow and also W or Wednesday and Thursday of this week, not today. Here's how much we were co-founder Adam Newman made before the company's bankruptcy So Adam Newman started. Weor got everyone to believe that it was a tech company, ran it up, they kicked him out, he became a billionaire and then the company went bust So he made out well. we work filed for bankruptcy protection, but despite it struggles, co-founder Adam Newman likely remains wealthy Newman collected tens of millions of dollars when he left the company in 2019 and saw a further windfall when Wei work went public via Spa Newman received payments of around $770 million as part of the spa proceedings and retain now worthless stock which was once uh, a further 722.

So at one point he was worth 1.5 billion. but he actually is still retaining 770 million. so just below a billion dollars. Absolutely crazy.

Uber reports third quarter results that Miss analyst expectations so we're still in earning season I Just want to let you know that Uber Miss Um, but more of the ones that you're most likely going to be interested interested in Uh, Rivan tonight, Oxy tonight Devin Energy tonight. Uh, and then tomorrow we have the likes of like Disney and some other ones. Anyway, here's uh directly to your question: Wednesday November 88th Fed Share Pal will be speaking 9:15 A.m. So 15 minutes before the Market opens Fed Share Pal will be speaking and then he speaks again on Thursday November 9th at 2 P.m.

2: P.m. Fed Share will be speaking 2 P.m. 2 P.m. 2 P.m.

So Wednesday and Thursday of this week Fed Chair speaking Um, Mc. Locals.com This is part of what you get within the Discord but it's a newsletter I break down the previous week and what to look to the upcoming week all the major macroeconomic events. So for example, at 9:30 today, this one's not the most impactful. but I just wanted to put it out there.

the US trade balance will be reported right at market open in about 5 minutes. Uh, later on this week. The main thing is Pal and Pal uh Michigan numbers do come out this: Friday Obviously all the earnings I think you're going to be interested in and the real reason I want to bring you to this is yesterday Monday November 6th Historically a very, very, very bullish Day within the market and the Bulls did win again. So this will increase the percentage.

When we talk about seasonality, we're not really talking about the magnitude of the Bulls versus the Bears. We're talking about just how often that day goes in the Bulls favor, How often that day goes in the Bears favor. And historically, yes, yesterday went in the favor of the Bulls 3/4 of the time 77% of the time and yesterday was a Green Day Once again increasing this percentage Today, it's not as bullish I mean we're going from 77% to 57% so it still does favor the Bulls just not as large of a degree as it did yesterday. So still historically a bullish day today.

Tuesday November 7th. Really, the whole month is and then uh, this is just on the Zero DT strategy. Uh Friday We had a two two wins. Uh, yesterday.

two wins. So right now, four for four. we're on a four win streak. Uh, hopefully it continues to 678 today.

Uh, wanting to share all of that Five things to know before the stock market goes dingy. Ding ding ding today. Hot streak. Yes, the market is looking good.

1 two, three, four, five, six green days. Looking to put in a seventh Today the tech sector even hotter. Actually, right now, the tech sector is so hot this morning that there is a downside Gap F to yesterday's high at 3 6978. So pay attention to that downside.

Gap Fill Once again, yesterday's high is a downside. Gap fill based on where we are in pre-market right now that is 36970 78 didn't work, we work bankruptcy Adam Newman the CEO still Rich still on strike. So anyway the writing Guild is no longer on strike. the acting Guild is and also Disney reporting after the market closes this Wednesday Super Smash Bros Nintendo Crushing it, the green monster looms.

Um, this is just about Golf and we could come back to that if you so choose. So right now let me get this set up. dude. Market is looking strong right now.

Uh, let me throw up a poll because you guys, uh, trade that one prop account for me. Uh, let me get this poll up. I Need you guys to vote ASAP Uh, Basically what you're voting on Market at Open Market at Open green? Uh and what I'm asking you is the very first minute of the day. Do you think the very first minute of the day is going to be a green bar? Or a red bar? Green bar Or a red bar? Uh, so that's what the poll's up there for I Just need the very very first one of the day and I will be posting that trade.

I'll like I'll throw my money on that. You guys are I Think you're on a four win streak? Yeah, you are. Wednesday Thursday Friday Monday You guys are on a four win streak so let's see if we can, uh, get up to five. Thus far, 62% of you, 61% of you.

It seems like it's favoring the Bulls a little bit. I will place the trade at Uh 929 and like 50 seconds. So right before the Market opens, I'll throw on a big uh, whatever if you tell me bullish. I'll go bullish if you tell me bearish.

I'll go bearish and we'll see if you guys can make another uh, another chunk of change. Let's see if we could get your your streak up even higher 61% What are you guys thinking over here on? what are you guys thinking on? Rumble on? Rumble You guys haven't said bullish or bearish? How are you guys thinking bullish or bearish? Bullish or bearish? Bullish or bearish? Bullish or bearish? Let me make sure I'm on the right account. 24 24 Okay, cuz I'm also doing a trading uh, like competition in in the Discord I Just want to make sure I'm doing the right thing. All right.

Wait, what time is it? Uh, 60% of you plaid green, green baby feeling bearish, red bullish? Uh. All right. Well, I Think not as confident as you guys were yesterday, but it still seems as if a majority of you are leaning bullish. So I will be throwing a bullish position on uh, right before the Market opens in about 25 seconds.

Uh, this is a prop account through Apex Uh, I'm gonna be talking about them in a second just because this is the last day of their 90% off deal. Um, until I Don't know another time that they decide to run 90% off. So uh, this is in the Futures account. This is the Futures Contract for the S&p500 This is the Futures Contract for the NASDAQ 100.

Um, I don't know. I Just like the degeneracy of it, where are we at All right? Order filled, Order filled. Here we go. You guys voted bullish.

Let's see. Target F There we go. Target There we go. Three of them hit, three of them hit, half of them hit F Four out of the six hit four out of the six hit.

Let's go. Let's go. Uhoh Uh Oh Team: Uh oh Team: Not as nice of an opening as, uh, we anticipated. Four of the six have gotten their Phil four out of six contracts locked in 195 with two still open.

And on that note, dingy ding ding ding. The casino is open. Best of luck to all. Play responsibly if not, have fun.

You guys are slipping. You guys are slipping. Yesterday, we had them within 10 seconds. Now you guys are making me wait, potentially in excess of a full minute here.

What's going on? Did you guys not study last night? Did you not study? Uhoh uhoh SpaghettiOs Team: What? What were you thinking? What were you? What were you thinking here? Technically, you got it. You nailed it on the Nasc on the right side of your screen. This is the Nasc 100. You crushed that one.

In fact, if we went bearish, this probably would have already blown out the account how much it went up. So you made the right decision. It's just we did not get the follow through in the spy at all at all at all. Uh, oh, locked in 195.

but the unrealized is down 400 right now. at least we W locked in one of them. Um, you said red. Well, technically, if you voted bearish, that was the wrong vote because over here on the NASDAQ, it would have blown out the account.

So bullish was the right vote. but it obviously played out a lot better on the NASDAQ than it did on the S&P 500 right now? Uh, is this going to hit cuz these three filled almost instantaneous ly Then we even got one here. Um, maybe we should have only done it on the NASDAQ We voted for the Spy. What do you mean? you voted for the Spy I said Market out open.

Why do you think you were just voting on the Spy Every single day we've been throwing it on the spy and on the NASDAQ and you voted on the first bar. So that's the tricky thing is like we got into a weird circumstance where the first bar on the NASDAQ was green, but the first bar on the Spy was red. So I don't know your streak. your streak could potentially be in danger.

I'm going to leave the trade up I'll even widen the risk I I'm willing to blow up the entire account for you guys. That's what I'll do for you guys. I'll risk I'll risk the whole thing. the whole thing I will put In Harm's Way just to see if you guys can continue your streak to five in a row Matt I Saw you do a paid ad read for Weeble last night.

blink twice if you need help. No I did it I mean that's where I trade my options. Um, that's I mean I'm very public about I don't trade my stock on Weeble But of course I trade my options there. It's commission free.

um and I I don't trade my stock there because I'm not going to engage in payment for orderflow. but if you're trading options, you're always engaging in payment for order flow. It doesn't matter. The Brokerage So uh yeah, no, we um for options trading we're definitely partnered up with.

Weeble I mean you guys see me literally trading on their service my options like daily when whenever I show you any my platform and I think most of you are already on. Weeble um yeah. I mean commission free options are pretty awesome I Don't necessarily want to pay commissions if you do want to play pay commissions I mean have at it. Do you guys really want me to keep moving this down until it like blows out because I'll keep doing it this.

Market is dipping hard hard at open. Uh, let's see what's actually going on in the world of options Are options people just taking their money? Uh, let's see. let's see. let's see.

So kind of flat. Nothing too crazy happening in the Spy but let's look at the NASDAQ Let's see what's happening in the options there, just for a little bit of opening. Shenanigans And whatnot? Is this not the cues? Uh, dipping a little bit. but I Think we just need to be a bit more patient.

Wait to see how things are really shaking themselves out. Dude, that is a dive at Open. so the Q's not successfully holding 370. But this is.

This is honestly a great example of why. I Hate trading right at Market Open Just because there's a lot of Randomness There's a lot of craziness. Today might be an amazingly bearish day. Today might be an amazingly bullish day.

you just have absolutely no clue. Um, out of all the statistical analysis I've done on the opening whatever 1 minute, 3 minutes, 5 minutes, 10 minutes it is. There's no correlation whatsoever with how the remainder of the day will go. So when you see the market open and it either plummets or rips, understand that that is in no way indicative of the remainer of the day, especially for the first couple minutes.

Obviously, the more time you're including like all of a sudden, if you're comparing the 5 minutes to the 30 minutes compared to the hour, well, the longer your time frame, Well, it's more time. So of course it's going to be more indicative of what's going on that particular day. But if if you're using the first 1, three, 5, 10, 15 minutes of the day, please understand that there's no statistical correlation between the bullishness or the bearishness of that market open with the remainder of the day, It just does not exist. Uh, are limit buys a way to get past payment for orderflow? No.

I It all limit buys do is just guarantee that you're getting a fill at that limit price. Payment for order flow is literally just the practice of a brokerage unloading your order flow to a specific entity most of the time. Citadel So if you are buying, you're selling stock on Weeble or Robin Hood or anyone engaging in payment for orderflow uh, that buying and selling of stock the other side of it. If you're buying it, the question is, who's selling it to you, If you're selling it, who's buying it off of you Most of the time, that answer is going to be Citadel Now it is different in the world of options because if you're buying or selling stock, you could also like.

There are certain brokerages that allow you to route your orders to LIT exchanges such as the New York Stock Exchange The NASDAQ That does not exist in the world of options. There's no such thing as a lit exchange for options. It is a completely different Market it uh is a derivative Market Obviously it's based on underlying assets such as the Spy Microsoft Q's Nvidia Um, so it it's just a it's the options Market It actually really it. You shouldn't think of it as the stock market at all.

So you can trade equities on L exchanges in dark pools. Uh, there's payment for order. blah blah blah. When you're trading options, your options trades When you're buying or selling calls.

When you're buying or selling puts, they have to be routed to an options Market Maker Because if you're buying a call, someone needs to write you a call. Um, and so it's just a little bit of a different Market structure. Which also means you're always playing against options market makers. Um, another way to say that is, if you're trading stock, let's just use Microsoft as an example.

If I'm buying Microsoft there is a theoretical chance that you're selling me. Microsoft if you and I just randomly end up like if our orders end up matching. um, whatever. the NASDAQ That is not true in the world of trading options.

When you're trading options, it is a single dealer. Market That's like the name of the options. Market It's a single dealer Market As in you're always playing against the house. You're not playing against other participants If you're buying a call an options.

Market Maker sold you the call. If you're selling, call an options Market Maker bought it off of you. There is no like multi-way trading in the world of options. You're It's a single dealer.

Market You're always playing against an options Market Maker They are always 100% of the time the counterparty. While if you're trading equities, you might be trading against a market maker, you might be trading against a hedge fund. You might be trading against me. You might be trading against an investment Bank a pension fund.

You kind of don't know in the world of equities, not true. Rin The World of options. They are completely different markets and their Market structure is also completely different. Does that make sense? Does that make sense? Does that make sense? Does that make sense? Uh, who is the trader Then though? What do you mean you're trading against an options Market Maker The way.

Most of the that's not true M it is 100% true. Um I have done extensive research on this. speaking with actual market makers. Uh so I know I'm right.

You might think you're not right and but I but I am I could put an option order on the book and another Market participant could buy that book. Nope. options market makers would. uh you I can never buy a call off of you.

Uh, you can never buy a call of me in the open market. Obviously, deals could be made between like funds, but if you're executing it through a broker, you're always trading against a market maker. Um, obviously like you and I could privately engage in a contract and like both sign the contract But like we're talking about, when you're trading on a broker, you are wrong. I I'm not wrong.

You You can think I'm wrong. but literally all evidence in the world suggests like what I'm saying to be right I mean you're obviously um, you have the right to your opinion. but I also have the right to mine and mine happens to be backed by reality and fact and yours is your opinion. Um, not every broker sells their option flow to a market maker.

Yes, they do. There's no such thing as a L Exchange for options. It doesn't exist you dude. Like there's this is isn't an opinionated thing like you have your opinion, but your opinion is wrong.

There's like Google it. There's no such thing as a lit exchange for options. Options are only options are a single dealer Market Go Google it options single dealer market like dude. I've talked like we've interviewed them.

We've interviewed experts on this channel. We've brought market makers onto this channel. Uh, you you can have your opinion, but your opinion is wrong. Um, that's that's actually wild that you're even trying to debate this when like any basic Googling will tell you rapidly how wrong you are I Thought it was the market maker where the middleman they are selling the calls in puts taking a cut, buying cheaper and selling them a bit more.

They could still act as a middleman for sure, because um, They could Okay, Rory for example I could buy a call, they would sell me the call and then like maybe there's some sort of like slight whatever Penny discrepancy I could sell it back. You could be buying it off of them and they can match people and they're always trying to get a aspect of it. But on the other side, that's what like I mean when you look at open interest, ask yourself okay, like if those contracts are live, like who's holding the live contracts, it's the dealing of two parties. That's what open interest is.

If the open interest on a certain call is like, let's just say a thousand. Okay, that's the net difference between the market makers for options and then all the participants including hedge funds Investment Bank retail Traders Pension funds Um, that you like Understand that opt Market Making in the world of options is different than Market making In the world of equities, those are two different things. Like these are very much two distinct markets. So the way the market making is done and also the structure of the market are wildly different things.

Um, so what you're saying. It actually sounds like a lot more familiar to the world of equity Market making where a lot of the times with Market making in the world of equities AKA stocks that's much more of like. Let's shave off a little bit of the spread between the bid and the ask and give it off to someone else who needs it. They don't internalize a lot of those orders.

They might internalize it and keep it on their books and unload it later. That's totally possible. Uh, but that is not necessarily how it's done in the world of options. If you are buying a call, there is high high high high high high high high probability that an options Market maker is selling you that call and vice versa.

Uh, it's just different. It's not actually. I Think there's more differences in the market making structure of equities and options versus options than there are similarities. It's just executed differently because it's completely different contracts like it's a completely different, it's a derivative like they're not.

They don't really have that many s similarities with each other. What about dark pools? For options? There are not dark pools for options. There are not dark pools. But also that's actually kind of strange because I don't think there's even such thing as like is there even a level two I've never even looked into this, but is there a level two for options I Don't think there is because all options are transp parent.

so when you're saying a dark po you can see the open interest like at all times. so there's no I'm pretty sure there's no such thing as a dark poool for it. Uh, which is interesting. Uh, if you buy calls or puts you are a market maker.

If you buy puts or sell calls, Are you a market maker? Technically No. Because they're still making the market for you. Like if you're saying hey hey hey I want to sell a call, they sell you the call. they're still making the market.

Um, just because you're make it a market maker doesn't always mean that you're writing premium. It means you are making the market. You are building out the bid you are building out that ask you are providing liquidity on both sides. So if you want to sell to open a call or sell to open a put, if you want to be a premium writer, they are buying the premium off of you.

They're still the market maker. Uh, spy. going back up. Uh, you guys are still in your position.

This might arguably the be the longest trade you've had, but it didn't hit the risk yet. and honestly, I was going to let it just completely blow out. Uh, so you hit four of the six thus far. Um, my account you locked in 195, but the live position is down 700.

so a net of 500. But who knows? You guys might be catching the recovery of a lifetime. What about a short ladder option? A Attack Lee That's a great question and for various reasons legally. I Can't talk about it cuz they might throw me away into a dark pool myself.

you know dude, how how deep a risk should I put on this? Um, but I don't want to get locked away in a in a dark pool? You just said a high probability versus a certainty Dude: are you like intentionally being this dense? be km pen one bkm pen I don't even know, Are you like intentionally being it's a high high probability CU As I said, you and I could like go create the legal contract, meet up at a lawyer's office and sign it, and be like and basically reconstruct our own call or put. we could go and engage in a contract that represents a call or put at a law office and then thus okay, we did it ourselves. But who's going to do that? If you are trading on a brokerage, you are trading against a market maker. That's why I'm saying with high high certainty cuz like I don't know, Maybe you guys are crazy, maybe you're not doing anything today and you want to go to a law office and sign a call contract with someone else and they they'll take the other side of it.

Maybe I don't know why anyone would do that. Um, but that's why I'm like I'm not going to sit here and say literally 100% of the time because I bet someone historically has gone out and wasted their time to do that. opposed to just hitting, buy or sell on their brokerage, you are only allowed to trade options on Exchange you and I could literally go right now like no one would stop us. If I sign a document that represents a call and you sign the counter side of it, we could create a call.

What are you? What are you talking about? Like you think there's a law stopping that from happening like no, no, no, no no man. you're not allowed to come to this law office office, create a contract that looks exactly like a call option and you both sign it. You're going to jail for the rest of your life. Do you really think that someone would stop us? You think they were going to throw us in like Guantanamo Bay If I write up perfectly a contract representing a call option I Sign it and you sign it.

You think we're going to go to The Slammer for the rest of our life. You're not allowed to do that. You're going to jail forever Jesus Dude, you're I think you're just intentionally dense and whatever. like dude, if you want to around and believe the wrong thing like I I don't really care like I I get no benefit.

There's no benefit for me of like convincing you of reality. That's fine. But I I Just also want for everyone else who's listening to know that you're not going to get thrown into jail for the remainder of your days. Guantan Bay Sounds exotic.

Uh, wait ads shouldn't be running I Turned ads off. Hang on monetization. And dude, Why? dude, they've messed up manually. save.

They've messed up their ads so bad he's effing with you. No. I don't think so. I Think this guy's actually really serious.

Like he thinks he's right. No. But the OC options we are talking about. Yeah, if you're talking about options getting cleared by the OC you were talking about options involving a willing Market participant and a market maker.

Uh, there is no chance of me ever trading against you in the world of options, or thus, you trading against me unless we both go and sign a contract at a law office together. Dude, you're just. you're dense. Man, you're you're DSE Look at the counterparties are are the counterparties perhaps? Market Maker: You know there's more than one market maker in the world of options, right? It's a single dealer.

Market I Like dude, you're now cutting into the show for everyone else. I'm not going to convince you of something that I already know to be true and you're obviously just wrong on. Options are a single dealer Market Uh, you don't have to believe me. But for everyone else listening in here, understand that options are a single dealer market and equities are not.

Equities are multi-dealer Market Options are a single dealer Market If you're trading options, you're playing against an options Market Maker: If you're dealing, if you're trading equities, you might be dealing against a market maker for equities or another just random person. a pension fund, a hedge fund, another retail Trader That's all possible. Um, dude, you are. Since when was an exchange? Oh my.

God he what just happened. Something happened at 950 Market popped out of absolutely nowhere across the board. Um, since I was on an exchange since I was on an exchange Market Maker That makes no sense. Nope, since I was on Exchange Market Maker That doesn't make sense.

You weren't on because that I hope you in no way did copyright. Nope since I was an on Exchange Market Maker but you're just now. You just sound like a crazy person. Um, do you can do and think whatever you want but all fact backs me.

Uh, did the options Market or the equities Market Sto the buy button. you think for the Gme Fiasco that was actually from the broker side. So the what happened of why they took away the buy button is because the way brokers work in the world of equities is you talk at the end of the day to the Dtcc, the depository trust clearing Corp The So basically picture like a big circle of Brokers and in the middle is the Dtcc, the depository trust clearing. Corp and they settle out on their net position.

So let's just say like in aggregate your brokerage like let's say everyone on broker XYZ is either like whatever like some people are buying Apple some people are selling Apple whatever. The net difference is that's what they have to go do to the Dtcc. So if they if they participants on their broker at XYZ let's say the net difference between all the buying and the selling on that day on The Brokerage is that you have to buy $100,000 Maybe they're net up 100,000 on Apple They go to the Dtcc and they say okay, here's the appropriate money. give me all of the Apple shares I need but understand it's a net settlement.

It's not gross, they're not doing it throughout the day, it's at the end of the day And this can get really, really complicated because since it's at the end of the day, if a stock runs up a lot that day, Well, that could be really problematic. especially in circumstances like Gme where they literally did not have enough money to go and purchase all the shares of Gme that they needed because it's at the end of the day. So if a stock rips all day and everyone's buying it and you don't have enough money at the Dtcc, they literally had a multibillion dollar Margin Call from the Dtcc they did not have they were outside of the clearing corpse like Risk parameters. Um, so that's once again like kind of some nuances of Market structure.

It's based on settlement and generally throughout a day it's close to being at zero. You have some people buying, you have some people selling. But in certain crazy events such as Gme on one brokerage or a couple brokerages retail specific brokerages, there was a massive net positive number. as in they were buying a lot of Gme and the stock ripped all day.

Which means they were buying it at a higher price than the spot price that their users were buying it at and they literally didn't not have the money. So because of that to get under their risk parameters. uh, they just turned off the buy button because they like they. They had a margin call at the clearing Corp and the clearing Corp is the center of the Hub that connects all the brokerages They're like.

Okay, these guys are net buyers. These guys are net sellers. Money goes One Way stock goes the other way and they do that between all the brokerages. It's basically like a Cabo of brokerages and they do it between all the brokerages on all equities.

How do you get a job as a market maker? Uh, you basically have to have a masters or a PhD in some sort of stem field. Whether it's computer science. uh, math physics. it's uh, a very high-end Tech mathematical job that really kind of came out of nowhere over the past like 10 to 15 years.

Uh, the level at which they pull off. Like now, it's actually kind of intense. So the the major Market maker is Citadel They also have a hedge fund. Citadel is there's It's actually like two different businesses.

one's a market maker, one's a hedge fund. Um, they're the main Market maker. The next one is vertu, their Market maker. Um, and then there are other ones as well.

But in terms of volume, handled virtu and majorly Citadel effectively have a duopoly on all equities Market making how do I get a job cleaning dark pools? uh, you just have to be a top tier pool boy is more of like a kind of like a fashion model try out situation sounds a little FTX right? No, not at all. what FTX did was they took money from an exchange and then moved it to a hedge fund and made bad bets. The equivalent situation of FTX would be imagine if you have all your money on like whatever. the New York Stock Exchange like the actual exchange and then without you knowing, they took your money and put it in a hedge fund which was a separate business but also the same people ran it.

and then within that hedge fund they made horrible bets and lost even more money. So it was literally The Exchange took deposits, moved the deposits to a hedge fund, and then made horrible bets on that hedge fund. And they did so because they had a hole and they were trying to trade themselves out of the hole. and then they got themselves into a different hole.

So that was what FTX did was literally steal deposits like the money that was deposited onto the exchange. They just stole it and they're like oh yeah no, that's ours now and up until like actively passed the court case. uh I mean Sam Bakman Freed still says what he did was legal and everyone's like obviously it wasn't that's called theft. The options.

Um, speaking of options, The Q's really picking up the teal line is the zero DT the purple line is all expiry and then the same thing in the Spy so options getting a bit more bullish. Did this hit yet? You guys are getting close. Oh wow, oh wow, Are you guys going to pull this off? Are you about to go five for five? If this makes a comeback, that's the comeback of the century right there. That is the comeback of the century.

I Used to trade floor on the CBOE Sure you did, pal. Sure you did. you might have and whether you I don't know, you might be lying I'd hope that you're not lying. but also ask yourself, do you think that maybe from the time that that you used to trade on the floor in the CBOE to this point maybe things are different just perhaps per chance.

Uh, technology has advanced a little bit since your days. If you were trading out, no one trades on the floor. So if you did this, you're talking something a decade or two ago. Do Do you think that may just maybe something's a little different now between the current market structure and like what you did trading on the floor with Dinosaurs it cuz I I Think there there might be a difference I used to trade Jolly Ranchers on the third Gade floor Chris I bet you crushed the Jolly Rancher game.

Uh, just so you guys know, I turned off ads so I don't know why they would be running on YouTube anymore. I Like YouTube has been attempting to roll out a new ad system and it is just horrible. Like no one likes it, no one likes makes it whatsoever. If you guys hit this trade, you guys, you might be straight up.

Geniuses you guys might be straight up Geniuses Options dipping a little bit, but look at this. Nike Swoosh recovery The Q's are even stronger. The Q's are kind of going up actually to one of my first targets right here of this trend line at 37050. if it keeps going, I'm watching 372 would be my next intraday Target followed by a push to 37374.

but obviously by the way, we did get this downside Gap F early this morning to 369 78, but we're at a key level and if it keeps going I'd be watching about A120 do25 higher if it keeps going and that I'd feel more comfortable in that being an accurate call out. if I see options pick up again. But as a quick review, here's the: EMA the 3 minute, the 10-minute the 30 minute. all very very bullish on the NASDAQ even more bullish the 3, the 10, the 30 the day daily.

Uh, the momentums to the upside it you would have to do. You'd have to really be spinning a tall tail to get me to believe that I should be bearish today at least based on the current information. No way are you guys going to make this money. Target Filed.

No way. No way. It it took you guys a while. It took you 30 minutes today.

but golly, you still locked in 3 $120 Thank you. Uh I I Very much appreciate you guys helping me out on that one. That was very, very kind of you. Thank you thank you thank you.

You're officially five for five. You, no matter what people say, uh oh, no matter what people say about you, you are officially five for five on the day. All right, let me actually place my trades. Uh what do I want to do? 30? Um, all right we did one.

Uh, let me get my other one up there I think I did this right if I ever get a fill Modify: Did it get a fill? Sometimes my fills seem to take forever. Uh, let me screenshot this so I can put it up on the Discord really quickly. Uh, I just took on a bullish bet I did some put credit spreads and if you uh, care about that at all. if you like trading, put credit spreads or if you want to know what it is, um, it's all kind of going down in build old.

Discord the old Discord um the Spy getting to its high from yesterday. Uh, how do I do this do I save the image first downloads. Um, all right we did this. Uh, where in the world is the Discord Um, everyone and hang on uh I just I'm getting a I'm just posting in this signal.

All right. So if you're in the Discord all there um I did a trade on the Spy I did a trade on the cues I did a put credit spread as in selling one put buying another put further down I picked a certain strike and rocking with that. If you care about that at all, check it out. You could get the first month for free.

Uh Goonies 432 by 433 I did not do 32 by 33. Um, so you're saying you would sell the 433 by the 432. Uh, that's kind of cheap right now. I mean uh, options if you did that on the Spy that's that's only trading at 8 cents.

Um, that's trading at 8 cents. Is there any way to play the ZTE in a retirement account? Uh, it depends on your retirement account. So in my retirement account I can trade options including zero DTE But I know certain things such as Fidelity doesn't allow you to do zero DTS unless you have like a couple million dollars in your account. So that's not really a a retirement account specific thing.

that's more of where is your retirement account type of thing and the type of retirement account. So it is theoretically possible, but you have to be in the right area. Oh Wall Street Song: Of course you guys crush it. You're now five for five.

You are now five for Five. We I'm so sorry for missing that. My apologies Wall Street Wall Street Wall Street Wall Street Wall Street Wall Street Wall Street Now mying got stre shout outs. so cus what is Celsius this one I think is moving it's up.

What else is up big today? Paler ripping I See a lot of you guys talking about that? Uh, bitcoin's making a comeback. Bitty bitty bitty Bitcoin Making a decent comeback? uh Bitcoin Trying to get back up to 35k mttr. All right, we'll put a paler I would know we have some paler fans I mean looking strong I Wouldn't be surprised if it continues its upward trip to $20 mttr. What's going on with this one? Matterport up 19% Must have had some sort of announcement matterport crushing it.

What else? What else? What else does Seven Green Days draw any? Flags Yeah, mean reversion without a doubt. So uh, for those of you who maybe just haven't heard of this concept of mean reversion, It's this concept that if you keep moving in One Direction a lot, you're getting closer to a pullback to like some sort of average average value. So if you keep ripping. ripping ripping, it's like the engines are getting a bit too hot and you need to take a bit of a breather.

Or if something gets sold. Sold. Sold. Okay, maybe the selling's getting a little over aggressive and you bounce back up.

It's a mean reversion reverting to some sort of average. Um, so you see that with like Binger bands uh, Kelner channels of like an overextension to the Bullish or the Be side and then you kind of come back in. Um, so you could argue that right now with the Spy Yeah, totally to I mean and the Q's too. That's a big big movement to the upside.

but is it really mean reverting? When we also had a big downward movement, you could actually argue that a decent part part of this upward movement is just mean reverting this big sell off. So if any like I mean you could just even see it with some sort of moving average, here's the 10 period. We're not that far away, so here's the 10 period. EMA So obviously we were below it a little bit.

We pushed above it. Then we really pushed below it. and think about it like a rubber band. Like when you pull out to the extents you kind of snap back into the middle.

So we got really overextend. To the downside we shot up. We hit the moving average. Now we're on the top side, so like it.

it. It's just kind of the the opposite movement. the yin to the Yang, the Yang to the yin. Um, so we were on top.

Then we went on the bottom and like a rubber band getting overextended. Too much in the one way. Well, we kind of slingshot back up the other way. In theory, today, end or tomorrow should be red.

Well, I mean any individual day has roughly the same odds. It's when you're looking at it as a series of data points that it starts to get a little interesting. Uh, one way or another. So in theory I mean I Don't agree with that because what's going to be moving the market in the short term? like I I Think that's too simplified because okay, on any individual day, what's going to move the market? Well, it's a host of an infinite amount of VAR variables you're talking about.

What's pal going to say? What are the earnings going to be? What's going on yields? What's going with bonds? What's going on with the dollar? What's going on with the Boj, The Bank of Japan What's happening in the Euro Zone What are the Michigan inflation numbers? So just to say oh, I Think that because we have seven green days in a row at hasset turn I Agree with you that the odds are starting to increase that. Okay, it's weird. It's it's basically the same as if most green and red days are normally distributed as in 5050. That would be equivalent of like if you have.

if you're flipping a coin and you have seven heads in a row, that's kind of rare. It's even more rare to have eight heads in a row as a series of bets. but when you're actually doing that one flip that eighth bet, you still have a 50/50 shot. So it kind of comes down to are you looking at the statistics of the one event or are you looking at it as a series? and I mean both are accurate Like both are real, both should be paid attention to.

But I It's always a game of just changing Probabilities: higher probabilities, lower probabilities I Would never sit here and be like oh, we have seven green days so it has to be a red day the next day. Same thing with like eight red days in a row I Don't know. it might turn on day nine. It might turn on day 12.

We might not even get to eight days. So it's It's important to pay attention to it, but every single series of events is going to be a different series of events because we have so many different variables in the particular equation. So this time around, so today it's looking bullish. I Mean, look at this.

We have the 3 minute, the 30 minute, the 10 minute. All these EMAs are pointing to the upside and with that being said, it's all still happening after daily. 1, 2, 3, four, five, Six green days in a row. Right now it's It's technically a Green Day things are looking good.

Um, actually on the Futures Market we're slightly down, but on this oh, spy were break. Even so, who knows, it could be just a neutral day. That could be what the market wants for some sort of like just like breathing. Um, that's also possible.

Like we don't always have to have just big red days and big green days. It could just be like a neutral chop day. That's always a third option here. Um, so with it I Fully understand what you're saying.

we've