Burn through trouble. But when I'm not Between the Sheets profile and sneak around like it's going out of style. Try to keep these balls up here in the air. they call me I Always have to be loved and sometimes because it takes a lot of steam making a cheetah.

continue short I Lost the fight Yeah I Can't be pleased. Ain't as sweet as it seems to be. Someday it could be the one to make her suffer. Go to sound of one of my friends.

I'd have to explain. ain't as sweet as soon. Brother oh brother. ain't easy.

Being the juggler ain't easy juggling my job as a content creator Trader and a model for pictures as you can sell from the matalisa. Well folks, enough about me complaining about my life. We're here to talk about the Old stonk. Market We're here to kind of realize how today.

Yeah, a little bit bullish, but the second half of the day kind of boring. but there are some other things that did develop today that I think are gonna be interesting to get into. so of course that's what we're here to talk about. I'm also here at a certain point to lament if you will about what in the world I Made I Was trying to film a video for this upcoming week for all of you guys to get into some data and analytics of the best day of the week to be a bull, The best day of the week to be a bear, The best day of the week to just sit on your hands and do nothing and in the middle of filming that video.

Obviously, it required a lot of coding and testing for me to get all the results. I somehow severely severely severely messed up my own code and I guess I just deleted the exit for a trade that I was already on. Uh, so that that wasn't that was in Bueno by any means. So definitely fully prepared for a bit of lamenting in Anger related to that as well.

But folks I hope your day was better than mine I Really, really hope your day uh proved to be more fruitful and profitable than minded Overall, as we have about 30 minutes to go. the Spy is slightly green, the keys are slightly green Rumble Having a good day Okay The reason I have it up is it's the largest Gainer on my watch list and AMC actually having a good day too. Uh, bouncing back, it's trading at the equivalent of a dollar or 26 right now. Uh, because remember, it just went through a 10 for one stock split.

so if you want to know where this is relative to just some recent movement, you'd move the decimal over by one. So instead of 1260, it's a dollar. twenty six. Uh, but relative to the absolute pain it's been through lately, a bit of a recovery.

So uh, hey, I guess it's better than than nothing. So I have a little bit I Want to talk about there as well? But first, let's just see how things are faring on the day: S P 500 takes above 45. 100 on Wednesday ahead of four day winning streak. So once again, uh, how are things turning right here? A little bit of a pop into close did I get that working I turned the strategy on and I lowered the requirements because I wanted to make sure it's trading.

but I don't know if it is trading right now on just these. I'm still having serious issues with these exit signals. so I'm just trying to figure out what in the world is happening today. Uh, because it is making me the opposite of a happy camper that is for sure.

Hurricane Idalia Adalia Adalia barrels toward Georgia after hitting Florida coast, leaving at least two dead. Not so good. Uh, very sad. I Mean it's a crazy storm I think it hit the West Coast of Florida At that point, it was a category three and these storm systems do tend to lose power as they go over land.

They gain power when they're going over water. They lose power going over land so it is becoming less powerful. Specifically noted by the strength of the Winds Uh, but still very, very serious People without power Without Like they can't travel like you have streets and roads flooded. Obviously Some people, um, not like this.

It's bad. It's bad. It's bad. It's bad.

So uh, thoughts and prayers to everyone in: Florida Anyone that is currently handling with this weather right now, dude, what is going on? Well, this doesn't seem right net long I am this is not what should be going on right now I am just getting absolutely brother somehow the Should I just closed at that. The second O Brother was me just closing it to get it in line with the strategy. Dude, this is going absolutely nuts on me today. Uh, apparently whatever work I was doing it on recently was not the right type of work.

Um, but okay. we'll come back to that in a second. Adalia knocks out power across the southeast and snarls flight so there's well, sorry, that was pretty loud, but you can get an idea of what's going on in Tampa right now. like just is overbearing at a certain amount.

I Mean this is just, absolutely, uh, insane, some crazy I Don't know if they're just doing this for fun or just to check it out or it just looks crazy. it's absolutely crazy. So if you're in the Southeast if your family's in the southeast of the U.S Uh, my thoughts are definitely will do. Hopefully this ends as quickly as it started.

Dude, sorry for that audio look at this on the morning show. We were watching a lot of the clips. Um, because it was really making landfall around like seven in the morning. Eight in the morning? Uh, so.

uh. Hopefully this is quickly in our review mirror. but dude, some of these videos just the absolute power of it. Can space lasers cause hurricanes? Also, we'll find out.

We'll find out. We'll have to wait and see what our favorite politicians tell us is the real cause of hurricanes? I'm sure they'll tell us the truth. I'm sure they'll let us in on the the super secret of Hurricanes. Speaking of politicians: Mitch McConnell Freezes struggles to speak in Second incident this summer: Senate Minority Leader: Obviously, if you're elected to a Federal government political position, you have some level of importance.

and then within that level of importance, there's people who are even more important, such as the Senate minority leader. Anyway, Wednesday appeared briefly unable to respond to report his questions at a press event. It's the second time in weeks that the Republican leader has struggled to speak in public, requiring help from people around him. Of course.

I found the video for all of us to check out. That's true, just off just turns off. it's sad. Like this actually makes me feel horrible for re-election in 2026.

All right. I'm sorry you are. We're gonna need a minute. Dude, it's so sad.

Okay, somebody else have a question. Please speak up. Just running for re-election. It's a very powerful person within the U.S This isn't a left thing.

This isn't the right thing. This is what I've said before it like we don't need this geratocracy. We don't need geriatrics leading the most powerful nation in the world. We don't need people who aren't like, at least somewhat close to their mental.

Prime This is the opposite. This is borderline elder abuse. This is sad. this isn't just a left or right.

I'll point out Mitch McConnell I'll point out Feinstein I'll point out Fetterman. I'll point out Biden these are not the people we need leading our nation because they are just not fit for the job. They are not mentally where they need to be to make the decisions that they have to make for all of us. I Get it.

There's a time for participation trophies elsewhere in the world. But for this, when you're leading a nation, when you're leading America Dude, it's just not acceptable. It's not acceptable by any means. On the flip side of it, we do still have some old people who are crushing it.

Warren Buffett Who turns 93 is at the top of his game as he pushes Berkshire Hathaway to new heights. So I Get it. It's not as easy as having like an age thing because we all age differently. Sometimes your brain lasts forever, other times it goes even earlier.

I Think it just has to be a certain aptitude test. I Think that's what it has to be. It's really hard to put a number on it. obviously obvious, like through statistical studies, we could probably figure out where your brain really starts to deteriorate.

But there are people like Warren Buffett Who at 93 if you told me this is our new Fed chair? I'd be like dude, sign me up. This guy's on top of his game. He knows what's up. How many more years does he have with this mental capacity? I Don't know.

that's a fair question, but even if you put a arbitrary age limit on this stuff like Fetterman, Fetterman would be under it. But I would argue that he shouldn't be in politics because his brain is simply not working where it should be. This is no shade on them like. I Feel bad that they're in that situation, but at a certain point I think we have to be realistic and just start.

stop handing out like participation trophies and be like yeah, no, you're fine, don't worry about it at all. Are you? Are you kidding me that? That's absolutely ridiculous Warren Buffett Took control of Berkshire Hathaway back in 1965. In nearly six decades later, the Oracle of Omaha turned 93 Wednesday today. Uh, his conglomerate is stronger today than it ever has been.

Berkshire climbs to record highs I Mean dude, just ripping billions and billions of dollars later, the guys crush it. One of the best long-term investors we've truly ever seen with respect to more this morning and macro economic reports. U.S Job growth slowed sharply to 177 000 jobs in August So that came out at 8 15 a.m ET Today and hour 15 before the market opened and 15 minutes after that, we got a GDP report. U.S Second quarter growth rate cut to 2.1 percent on business spending.

The expectation was in the realm of 2.4 Michael McKee is with us with our end of August data Michael What do you see in the first? look here on a Wednesday Well, we've got some GDP numbers of revision to second quarter growth of Uh down to 2.1 percent from 2.4 personal consumption. However, revised up from one six, two, one seven. So that will go into some people's estimates of what it's going to be like for spending in the third quarter. Uh, the GDP price index? Yeah, two percent? Uh, on the month? Uh, I mean on the year over year basis? Uh, quarter over quarter 3.7 percent.

But those kind of get overlooked because we'll get the numbers for July tomorrow. But we do have some numbers also that bear on third quarter growth. The first round of stuff that comes in advance Goods Trade balance widens significantly to 91.2 billion from revised 88.8 Wholesale inventories are down a tenth. They were down seven tenths last month, so that'll be a contributor to GDP Uh, retail inventories up by three tenths.

That's lower than the seven tenths gain the month before and lower than what was anticipated. So we put it all together and basically got a little stronger growth going into the third quarter at least among some of the components that will make up those things. But it is only the third first month of the third quarter that we're looking at diving. All right.

I Know that's a little bit boring, but I think I could do a job a better job at explaining this without making your eyes gloss over. So today, I mean depending on how you're looking at. Overall, it's still arguably a day that favored the Bulls I Mean it's a green day. A lot of these big players are still successfully agreeing on the day we're closing out unless something wild happens in the next 15 minutes.

which hey, it might happen. but let's just assume that it doesn't. It's gonna be a green day. We are holding the breakout.

We're above 450. Key technical level, key psychological level. Yeah, granted you could argue we ran into a little bit of an issue at 452, but overall, the Bulls still ended up performing today. It might not feel like that intraday because we did have some wild swings up and down.

But overall, if we just look at the numbers on the daily chart. okay, let's just assume that the Bulls yeah, we'll call it a bullish day. Another question is, why do we have a bullish day when we get some of these weird numbers? I mean if you look at uh GDP that came in less than expected, came in at 2.1 and they were expecting 2.4 ADP non-farm roll employment 177 when they were expecting 195. we'll just remember we live in the upside down If we get a bad economic report, for a lot of the participants within the market are anticipating that to actually mean that, maybe they'll be pressure on the FED to stop the rate height cycle.

Now, if we get good economic reports, that could be suggestive of the fact that the economy is still running hot and thus the FED has to keep with attempting to dampen down demand. Remember the Federal Reserve Our Central Bank led by Daddy Powell himself, has no control over supply side stuff. All they can do is really either help increase demand or lower demand and that's what they're doing to try to really rein in inflation. Remember, inflation for the past year and a half now has been way higher than we want it to be.

Actually a little bit more than a year and a half. On that note, tomorrow, an hour before the Market opens 8 30 A.m ET we are getting another inflation report. The Pce Report: This is going to be important. The PC report, as important as the CPI reports personal consumption expenditure pretty similar to the Uh, the CPI Consumer Price Index very similar, or Pce report.

It's a little bit more timely, not as big of a lag, and it's a little bit more Broad in the baskets of thing it considers when it's looking at inflation. But what you really need to know is that in fact it is another inflation report so we need to be paying attention to it. We definitely need to be paying attention to it. We are also getting the initial jobless claims like we do on any normal Thursday Friday September 1st to kick off the month, we are getting another unemployment report so that comes out this: Friday I Want you to know Public Service Announcement Monday This upcoming Monday the Market's going to be closed in observation of Labor Day Just so everyone knows in terms of just individual: Equity Company updates for today: shares of HP fall eight percent following a revenue Missed shares of HP fell Wednesday After the company released a fiscal third quarter earnings that missed analysts expectations for Revenue HP reported 13.2 billion in Revenue below the expectation of 13.37 billion.

Uh, right here the analysts are saying that it was disappointing and we're just seeing consumer consumer sentiment. Not horrible, but it's down ticking Consumer spending. Not horrible, but slight downtick. I think there's a lot of signs that and I'm shocked that I'm even saying this.

I think there's a lot of signs that yeah, the Fed maybe is pulling off what they set to pull off. which trust me, blows my absolute mind that I'm saying it because I was on the I was in the front row booing them this, making a joke about them pulling off a soft Landing But and I know there's still time in the game. This is not over but the way you can almost feel the energy in the crowd, that just maybe just maybe they might be able to pull this off and for all of us involved I Hope that they do. S P 500 seasonal buys for tomorrow Thursday August 31st.

So to conclude the month and almost of the week tomorrow, the Bulls are definitely favored. The Bulls have won this day historically 72 percent of the time. Almost three out of four times they have won. This day the profit factor is 1.78 Obviously the bias is bullish and here's a look at the equity curve for this individual day: buying at open, selling at clothes and looking at the past 25 years worth of data.

That is the equity curve, so not a bad deal. Obviously, seasonality isn't the end-all be-all but I think it's important to know if you're running into headwinds or being supported by Tailwinds So on that note, I Guess we could do some chart review I Just want to remind you tomorrow we will be streaming early. Obviously we're streaming early because at 8 30 a.m We are getting another Pce report. so obviously there's going to be some Insanity There's going to be some volatility it is important to pay attention to.

so we are streaming early. Set your alarms Now set your alerts, do whatever you need to. but we're going to be streaming at 8 28 25 tomorrow morning for a little bit of an extended stream I Hope to see you there now as we're watching all this play out. Uh, obviously if you ended up buying AMC this morning I congratulate you.

That's a good gain, but overall this is still pretty bad rum. We're making a recovery there as well fighting above eight dollars I Just want to say every single 50 Cent increment I Like to see above Eight Eight Fifty Nine Nine Fifty my average is in the room of 9.50 What is going on? dude? There's no way this algorithm is working properly right now. it I got stomped on today, stomped on today and it's because I I messed up hyper uh I don't think you guys could see it but I'm down 2.4 K 2.5 k on the day and 2 000 of it was just a position that the signal to exit just never fired or like it was never received by. The Brokerage like there was a technical issue and I don't know if there was a data outage or like what in the world was going down but uh Beyond Frustrating.

So really, if done properly today, it should be down. Like if it wasn't for that one dumb trade. uh that for some reason just like didn't exit when I needed it to exit it would be down about 400 today. and it looks like we might be concluding on a bit of a negative note here.

but that extra two grand I mean I know I've seen this system make a thousand dollars before like in a day. so like I I I'm not worried that it won't be able to make it back I'm more concerned of off the top of my head I can't really list like where something went so horribly awry today, but who knows. maybe if there's a flush in a close I have about nine minutes left if there's a flush and a close I'll make some of this money back. maybe I'll get lucky and I can make another 500 a thousand if there's a big flush.

But we'll see how this all goes. We'll wait a second, not short one did I turn this off rejected right here. See, This is what's weird is trades are getting rejected I don't know why my trades are getting rejected. It makes no sense to me.

makes absolutely no sense. Anyway, all right I'm gonna have to figure that out. That's a a bit of a bum. Are we gonna vomit into clothes? Are we puking into clothes? Are the trades updating properly? Bye to cover unsaid.

unsent. So the trade was officially rejected. Why in the world was it rejected? Someone's gonna have to riddle me that. Shut it down I Can't shut it down.

That's not fun. That's not fun to just shut it down. You got to live a little. You shut it down.

You have no chance of making it back. Come on. come on. that's not how.

Mona that's not how Madalisa would do it. Matalisa would hold it till the end just to see how it plays out. Uh, let's do a quick a bit of review here. So today's high and hang on I Like to see this: I Wanna I Really? I'm a big fan of tracking the previous highs and lows.

Uh, not only on The Daily but on the weekly. So as you can see, today's the second day this week that we got above and closed above last week's High Obviously that's pretty bullish. We're also getting above and closing above yesterday's high and that's denoted by the dash green line. So right now I would very much argue that the Bulls are in fact in control now.

Is that going to hold? I I Have no idea. but at this moment in time, the Bulls are in control and then I know the seasonality for tomorrow does favor the Bulls dude right there. Why? I Just got a message that uh okay, it didn't get a fill. Why in the world is this not getting a fill? The orders are just getting all right I need to dive into it.

Blows my mind. Well I Know what I'm doing tonight I'm trying to figure out why there's some sort of weird connection between the algorithm and I guess the data center The Brokerage itself Like something's a little funky here and it's not adding up in my mind. but any hoosil, any hoosil, any hoosil the Spy looking good. Similar situation with the cues if we look at the high and the low of today.

Also of yesterday, you're seeing very similar situation. Second day above last week's high and today we pushed a higher high. We pushed a higher low. We're getting above and closing above yesterday's high and last week's High running into a bit of previous resistance, but things are still looking intact with this upside.

Gap though. so I'm a fan of what's going on and obviously the story is not going to be that much different in terms of Futures as well, higher highs, higher lows above the trend line recaptured. the Bulls are in control right now. Is that going to last forever? No.

The market naturally Ebbs and flows, but this is just the current situation that we're in. So I Wanted to look at the overall market for you guys because I think sometimes it's really easy to get like super centered in on just like the very very short time frame, but typically pays to go with the flow. Once in a while you'll get lucky and you'll pick a top. You'll pick a bottom.

You'll do something like that. You're going to feel like the best Trader in the world. but time and time again, it's gonna most likely pay for you to just go with the flow. Uh, on that note, let me update this right here just so we can actually truly see where we're at.

Oh man. I'm already just getting anxious knowing how much of this coding work I'm gonna have to pull off why are there these issues? Well, if anyone? I'm currently using Tradestation for all my algorithmic trading. but if any of you in here have backgrounds in algorithmic trading or systematic trading and you guys want to or if you have like a brokerage that you like better if you've used tradestation or even if you haven't used radio station, but if you have an algorithmic systematic trading brokerage that you just like absolutely love, oh I am I'm the guy to show it to Shell it to me. Give it to me because I am having a lot of problems and I don't necessarily believe it's the code.

At this point I'm starting to think that it's going to be like brokerage specific brokerage specific 2250. hey, it actually worked once of how I just thought it would, but that doesn't answer. Dude, it's just bleeding money into clothes now that I made the requirements for it to actually trade a little bit less because I just wanted to see if it was trading right. Uh, Beyond Frustrating.

Beyond freshening. Well anyway, enough of me complaining about it. Uh, folks, before things wrap up for the day, what are your questions? What are you paying attention to? What's on your mind? what? Uh, any hot questions, comments, concerns? Is there anything that you think we need to be looking at before the market closes? Where's everyone's mind at? Uh Mullen CEO Lawsuit interview with: Charles Payne Tomorrow 2PM Would be interesting if you covered it? Yeah. I'll check it out I'll check it out I'll check it out I'll check it out Uh Matt Check my boat out.

How do I look at your boat covered? Call strap for AMC What do you mean you just sell one call against your position for every 100 shares you own? Hey, Matt in your algorithm, Do you tell it to go short or long? Uh, it can go. It goes long or go short. It's basically just a momentum strategy. Uh, a momentum strategy.

If the momentum is bullish, it'll go along. If the momentum's bearish, it'll go short. It doesn't really care about wait. It doesn't care about just being a bowler, just being a bear.

It's attempting to ride momentum. It's attempting to ride trend. Uh Matt Don't check out his boat. He keeps it in his pants.

In the words of Alex Jones I'm kinda uh me Kevin Just posted a letter to Tesla from National Transportation Board Uh, this is Huge. There's a watershed moment happening here. You don't really too often hear about a watershed moment related to the National Transportation board like it might be a watershed moment. I'm not saying it is or it isn't but I'm just saying that's a pretty boring one.

A pretty like boring watershed moments. The national transport like that's I don't know. It feels like those are the same people who are like the hall monitors in middle school and they just grow up and get a real person job. You know, doesn't seem like to be what I would want it to be.

you know? Watergate Now Watergate is some drama we could definitely get behind. We could definitely. Get Behind Some solid Watergate Drama rum closing out Tesla Having a really good day yesterday uh, slightly red today in video gaining another four dollars? That's just absolutely insane. Netflix A nice gain apple and additional game.

Everything's seemingly a little bit up today, and the question is, will it continue tomorrow? If I had to guess right now, just based on price, action, and the charts, I would say yes. I mean we're just continually having higher highs higher lows. I'm not really going to feel that the momentum switching until we get below the previous daily low and especially closing below the previous low. What was that? JP ETF with dividend you were talking about? Oh Cam I Think it's J-e-p-q J-e-p-q yeah JPMorgan NASDAQ Equity Premium income ETF Um, so in terms of percentage gain, it's pretty solid.

obviously making a recovery. Uh, but it's not the biggest mover like it's a decent mover, but it's more so of the extra value they're able to extract through option strategies on top of being invested into some classic Tech plays. But Jepq as of this moment, as of August 30th I don't own any, but I very much want to put some in my long-term retirement account. There's another one, another one similar to it.

Uh, J-e-p-i Uh, pretty similar. So just another thing that maybe you want to look into in Google Folks before we wrap it up, show a bit of love to today's stream sponsor. I'm talking about Street Beat the easiest way in my opinion into the world of algorithmic systematic training. When you're signing up, use the code Matt on the sign up to get a free 30-day trial.

So yeah, you could do automatic systematic trading with them. or you could buy and sell stock the way you want. Or you could do a hybrid of the two, but pinned to the top of chat in the description of the video. On that note, do not forget tomorrow we get another inflation report.

the Personal Consumption Expenditure report. The Pce report: It comes out an hour before the Market opens, which means that we're going to be streaming early tomorrow. So set your alarm, set your an alert on your calendar. do whatever you need to.

But I will be streaming at 8, 20, 8, 25 a.m ET tomorrow. So I Hope to see you all there. if you haven't already, make sure you check out the video on both Rumble and on the second YouTube channel. kind of the Evergreen Channel about trading Futures If you're at all interested in that, the next video was just filmed today and it will be coming out on Monday Labor Day The market is closed, but I'll be posting content and that one I Think you're really going to be interested in it I Really think you're going to be interested in it because I break down statistically the best day of the week to be a bull.

The best day of the week to be a bear actually before I Let you guys go without me giving you the answer. You're gonna get the answer for free as soon as Monday My editor is just going to be editing it and he's going to make the video even better than I possibly could. But if you had to guess which day of the week is the best day to be a bull, which day would you think it is the answer I Found personally to be a little bit surprising and by a little bit I mean a lot of it surprising. Um, and to be fair, your answer could involve either buying it open and selling it close or buying at the previous close and then selling at the current days close.

So I did all of that analysis. Um, I'm not going to tell anyone if they're right or wrong I just want to see where you guys are at. Interesting, interesting, interesting, and Sunday uh you. you should just be in the market when it's not open.

It's the best way to avoid pain. Interesting, interesting, interesting, Interesting. Well, some of you are actually listening the worst day to be able as in the best day to be a bear. so uh uh, hopefully I make I'm able to actually clear up some confusion on that.

but once again, that video will be coming out on Monday it'll be on the rumble Channel it will also be on the secondary YouTube channel. Just a little bit of a way to fight the old Algo. That's what I have for you now I Appreciate all the Good Vibes I Hope you crushed it today and if not, there is always tomorrow. So let's get a good night's rest and get ready to crush it again tomorrow.

We're going to be posting some content later on this evening and then once again tomorrow morning. We're going to be streaming early the way we did today. Thank you thank you thank you. have a good one.

Catch you later. Peace out Girl Scout laughs foreign.