What is going on hello, hello, hello, happy beautiful tuesday morning july 27th, we're gon na get out of today, hello, hello, hello, folks. Ah i like this. I, like this amc, jimi, looking good in the pre-market overall market should be an interesting day should be an interesting interesting day. I was just getting a notification before this.

You guys know this we're slowly but surely pivoting into an olympics channel. I actually just received a notification that simone biles has dropped out of the um team gymnastics competition. If anyone uh happens to care about that, i think she's still in the olympics, but i just it said the team olympic or the team gymnastics thing. I guess simone biles dropped out, which obviously is not the best news for our u.s gymnastics team, but uh, i don't know i hope, everything's, okay, i'm i'm assuming she got like hurt or something which is sad.

I can't even imagine doing all that work getting to the olympics and then you end up getting hurt or something like that, so hopefully a quick recovery for her uh, but hang on someone said they can't hear wait. The audio should be good. Now, hang on hang on do i just need it closer to my face testing testing testing one two, three lt great coming at you loud coming at you, oh volume, people are still saying low volume, hello, testing testing. Why is this not louder? Why is this not loud testing testing testing, how's, that? How is that folks how's? That any? Is that any better? I think i might have accidentally hit a knob when i was cleaning up testing testing testing one two three ltg grade dumb money coming into what episode of dumb money is this, i think it's a um episode, 11.

episode, 11 of dumb money when we're going for Gold today we are going for gold, i'm gon na man. I cannot stand google support um, so i've been on the line with google support this morning, because um many people, two things this morning were saying uh, something along the lines of a lot of people. Had a tough time finding the stream like, i guess it just like, wasn't getting served to people uh. Even if you search my channel, it wasn't coming up like on my channel page.

This was not being served and then, on top of that um at least 25 to 50 people reached out last night saying that they were unsubscribed from me. They're, like hey, i've, been watching you for a while. I definitely hit the subscribe button and they just for whatever reason checked it, because uh people haven't been getting the notifications and they said that youtube 100 uh unsubscribed them. So i reached out to youtube this morning and i said: hey i'm getting a report from multiple people that they've been unsubscribed erroneously what's going on and they basically just said uh they like didn't know what i was talking about.

The live stream they're like what do you mean like that's so weird? Can you try logging out and logging back in? I was like. Oh that's not that helpful and then for this subscribe thing they said they do not ever unsubscribe anyone. So apparently, just many many people all like i guess in their sleep last night unsubscribed and like didn't like it's just so silly. Ah, so it looks like our issues with youtube continues, continues just another day in the life in the life in the life, but on a more positive note, at least we have.

I, i cleaned up the studio. I guess you guys never really see it, but this was a pigsty. There was stuff all over the place. It was messy and last night i was like hey matt.

You got ta like what's that concept of like you got ta make your bed in the morning kind of the same thing. So i was like. I got ta clean this up. We got ta, bring it to the next level.

So now it's it's almost too clean. Like sterile clean, i don't know, maybe i'll just go, throw some dirt around. In the mid session today, um someone said i was unsubbed when you got terminated um, i don't know, i don't know what i can. It might just be like a pain in the butt youtube thing we'll get to the bottom of it, but whatever, whatever, whatever whatever time for class, if it's too loud turn down the volume somebody tweeted, you are an ape nation track made it in april finished.

In may love everyone in here pray it's a good morning. I send it over twitter to the legend matt queers youtube's most wanted dumb money. Tweeted you an ape nation track. All right i'll have to find that uh.

I'm excited to listen to it. Tell the real reason you got banned. You left me alone at the altar. How could you, after we shared this special moment, uh, what's going on what is going on? What is going on all right so right now, here, let's go over all the important stuff.

Let's get a set up for the day, i hope everyone, it's tuesday, it's tuesday. I hope you guys are ready for a good tuesday get some good vibes only out there get some good karma into the universe. Uh very very excited uh, we're just we're we're knocking on the door of a potential big breakout in amc and jimmy we're, knocking we're, knocking we're, knocking and what's more interesting about. It is we're coming up to that key breakout level and we're actually seeing the short interest the shares on loan and the utilization over the past two training days.

All increase, all of them increasing for the past two days and it kind of makes sense. If you would think about it in the sense of okay, why are we not breaking through? Obviously, someone is selling at those levels to stop the breakout. Hence, while we're seeing all three of them increase uh, so it seems like they're trying to stop that. Obviously, they're trying to stop it if you're betting against the stock, you don't want it to have a major breakout.

Obviously that makes sense, but it's interesting that we're seeing it so obvious in the data, the short interest, the shares on loan and, obviously, finally, the utilization. All have increased for the past two trading days and that's why we keep knocking knock and knocking. But what's interesting is if we get that breakout specifically on amc above 42 and then really at 46. The newer shorts that are just hopping in to try to stop this breakout are just going to be immediately underwater on their position, so it's getting to an interesting scenario um.

So that's what we're going to be looking for today, like out of the gate, i mean: what do we have about 20 minutes to go uh major breakout 42 major major like it just goes on the daily perspective, 42, 46.50 and then for gme. It goes 185. The high 190s and then 200 are kind of the equivalent levels, but let's get a little bit more into the specifics of what's going on so for amc. The short interest to start today off 14.93 percent shares on loan 97.39 million utilization 90.

Oh actually they've already borrowed 600 000 against amc today. So that means that the short interest is already cruising above 15 uh. It's been a minute since we've been above 15 very, very interesting, already betting against it. Six well, 745 000 already bet against it.

With the net, a 600 000. feels like it might be a high volatility day, who knows um gme this morning, net neutral short interest of 13.92 shares on loan of 8.2 million utilization 41. So in my update video yesterday, i mentioned that you should be emotionally prepared for the short interest to actually drop, and this doesn't really mean anything about the shares on loan. Changing it's because of the exchange reported short interest that came out.

It came out yesterday, but it was valid on july 15th. So if we look at july 15th, ortex at that point was estimating 8.8 million and what was reported was 8 million once again that came out yesterday, so they were overestimating by about 10, so they had to recalibrate their models and we're seeing that this morning. So yesterday they were estimating 9 million, and today they had to estimate down to 8.4, so it was just a recalibration. It really had nothing to do with the change in the shares on loan.

So don't be like, oh, why did it drop by a whole percent? It didn't actually it's just the estimation drop by it because of a recalibration. If you want a bit more of an explanation, make sure to check out that x uh the update video from yesterday in terms of technicals. Just so you know the overall market hit a new all-time high. Yesterday um today is going to be interesting because there's a lot of big tech companies reporting tonight.

I think alphabet aka, google, microsoft, maybe even facebook, there's a whole host of big tech companies reporting after the market closes today, so i'm i'm personally interested to see how people are positioning themselves beforehand in terms of amc right here. This is what i was talking about. Here's 42: it's it's exciting, because ever since what roughly june? What is this june 25th we've been in a pattern of lower lows, but if we get some sort of confirmation, 42-46 we're officially going to have a higher low now, which really, in the past, what month means we're getting out of this bear trend and actually reversing Course um, so that's what i'm looking for is to see if we can hold this higher low and confirmation of clear confirmation would be a break above 46. So that's kind of the name of the game today, on amc 42.

46, then that's followed by 50.. In terms of gme kind of similar, but this one's been down trending ever since june, 9th but same thing we might officially have a higher low confirmation comes on a break of 196. So that's we'll be looking on gme, not exactly the same setup, but over the past two weeks i would say similar they're kind of rhyming they're, not exactly the same, but amc and jimmy are rhyming kind of a similar ebb and flow of what's going on. So that's your quick run down there on the daily chart.

We have these up, so we can get the rockets and magnets when they're necessary, exciting exciting day. Honestly, i think we're going to have some action. Is there any big news this morning that we should quickly cover reddit, co-founder, says gaming to see major strides in 2021 uh, sony, ps5, restock and game stop said to be scheduled for tuesday uh. So that's the big news as of now on these guys uh, nothing.

Nothing major early this morning, uh anything tonight or like last night. Okay, i'm not seeing any big news or anything like that um. So here let me go back over to this and let me get to some of your questions. Uh people confirm their accounts have not been taken over.

It's going around, have two-step authentication wall street viking - very good point um, really, especially if it's involved in money when you log into your apps just it helps prevent any account takeovers. Any hacking like that. You should definitely see if you can enable two factor authentication, especially on your trading accounts. I i agree with that.

What do you guys talk about in discord? Uh amc, gme, crypto stock plays option plays life the olympics, whatever it's it's a small like close-knit community of people. Obviously we talk about socks, but we talk about everything. The community obviously there's a lot of discussion on amc and jimmy, but it's more so for um. Talking about trading methodology, kind of diving into some of the sec stuff understanding filings.

There are quite a few members in the community, the discord community that are share and explain their own dd, and then we kind of talk about it back and forth. It's just it's a community of traders just trying to get better at trading all right. Speaking of that but good morning, stonks are us. How can robin hood make me pay 13 10 for when it's all-time high is 13.

uh. Remember that robin hood has like really weird reporting the way they do. Stuff is kind of delayed, and they also are averaging a lot of stuff when they're showing you it um. So, for would you just say: o f x, p, o f uh, let's see if that actually is the all-time high, no um! So that's weird reporting by them stonks rs, because right here, i'm seeing that the high is 1310.

So it looks like you almost top ticked it uh, but i'm i am seeing a max value of 1310 um. That's what that's kind of some of the dangers of market orders. Remember if you are using market orders, that means you're definitely allowing a market maker or some other high frequency trader to perfectly profit off of you in a riskless trade market orders. I would highly suggest against using them with it.

You should do limit, buys and limit sales, because at least you're guaranteeing a price that you're going to get in at if you're, just arbitrarily, hitting market by market sell it's. Basically a high frequency trader is going to buy shares and then sell it to you at. Like a small premium and it's going to be a riskless trade for them and you're going to get a less ideal fill so once again, i would recommend everyone stay away from market orders and definitely focus on getting your fills with limit, buys and then exiting with Limit sells uh, you ever look at the july 30th fed thing just curious, um yeah, so i i looked a little bit into it and in terms of amc and jamie i don't think there's going to be some sort of insane reaction to it. It just seems like another classic, i mean just a follow-up fed meeting um it's gon na be a lot more of what people are waiting for.

Right now is to get more definitive information of what's going on with interest rates, so the fed and everyone related to the fed and now even the u.s government is continually saying that this is all transitory, as in just temporary and we're going to kind of fix. It and then that has other people kind of scratching their head of like is this inflation really transitory like? Is it only going to be temporary um, so they keep saying that and every time they say it's transitory, it seems like the market makes a new high. Just keeps running higher and higher um. So with this one i believe it's yellen speaking on the 30th, i'm assuming it's gon na just be par for the course where it's just like once again.

Another reminder that to them everything is fine and going as planned and blah blah blah, and then you have these other people are like. I don't think so, but we'll go long for now, just to continue to make money right now we're in a situation where our government and the fed like are just pumping the market higher and higher. There's absolutely zero reason that yesterday the stock market hit a new all-time high, it's not like. We have the best economy, we've ever had um, but people are comforted by the fact that the government and the fed will backstop anything going on.

They keep telling us that, like they're, going to keep interest rates low and to not worry about inflation, it's just they just keep literally it's just the fed keeps pumping our market higher and higher and higher, and that's the scenario we're in. If you agree with it or not, okay, that's fine, but like you could also make money on it. So um you can, i guess be of the mindset that yeah our market at large is fundamentally overvalued, but that doesn't mean you can't make money off of it. I mean honestly, we are applying that same exact argument to amc morning morning: apes addicted to super chat.

What's going on kinky kong, uh, hey, matt, dmg and tweeted you a track. I made features on you. Big weezer is my twitter. Oh okay.

I'll definitely check that out big tweezer. Let me find this account. I'm excited. We are about 10 minutes from market open.

Here we go. Oh brother, oh brother, oh brother, oh brother, all right um. What other questions uh? Where do you chat on here during midday? Is there a matlive question section or somewhere else? Oh brambles we've been going into the voice, chat and um. It should be near like the bottom of your options in this server, but there's a whole voice, chat channel that some people are like actively talking and then other people messaging, like you could type messages in it as well um but yeah.

It's in the voice chat i'll, make sure to post exactly where it is in midday. Today, uh. I come here for the non-financial advice, but stay here for genki gong. What's going on sff millions uh what time all right! You know what! Let's start today off with some good vibes and let's stand straight up right away out of the gate.

Let's work on those six packs, because why not because why not all right folks, all right, we're gon na hit it strong today, i don't know why! But something in my gut tells me to be specifically excited. Like i don't know, i i'm. I was really looking into some of these charts last night and i was just falling in love with the current setup. We have right here.

I think i could actually show it to you better on this two hour thing right here, so for quite a while, as you guys, i'm i'm sure are well aware. We've just had this perfect systematic selling selling selling selling it pop selling selling selling a pop selling selling selling even more selling a pop selling selling selling, and it caught itself a perfect double bottom at 31. from there. This was interesting because there was bullish divergence in the rsi, so we could tell it was weakening and it ripped from there and it sold off, but this time they couldn't push it down to the same overall level.

This time we had that official higher low, and now i want to see if we can actually get above 46 to make a new higher high, which would be an official trend reversal like that would be locked in anyone that knows about technicals would agree on that. I'm like okay, we have the higher low the higher high. It's confirmed, it went from a bear trend to a bull trend and then it gets even more exciting on a break above 50.. So today that's the setup.

The setup is as simple as 42 46. That 46 would be a major breakout in terms of support, obviously we're looking to hold 40. We recaptured that yesterday and now we have some support at 3480 as well. So those are the two closest major supports, there's also a little bit of support at 38..

So 40, 38 and then 30 just below 35, are all supports and we're looking for a breakout at the levels of resistance at 42 and then 46. But i don't know something something in my gut. I'm feeling good about today - maybe i'm just being a dreamer but feeling feeling good feeling real good, actually get some good vibes out there, some good karma out there. Let me get back to this how's r crypto doing um so crypto.

If you guys have been paying attention to it, it had a very nice run recently. A lot of this had to do with some assumptions and commentary that amazon would be accepting crypto as payment, and when that kind of broke it got excited and the people kept buying it out up and then other people later in the day were like actually well. Amazon themselves came out with a comment saying: no: no, no, we don't have plans to accept crypto this calendar year and then that hurt crypto, but now crypto's running back anyway, uh so crypto, actually ever since what july 20th has just been up up and away. So if you're in bitcoin or crypto at large, um congrats, if you got in there, i mean it was nice and rsi was very, very oversold.

We've been bouncing since then: how's ethereum, looking same setup with ethereum how's cardano, looking very similar setup with cardano and for those of you in doge similar, not as an extreme of a run, but hey it's holding over 20 cents. So that's good uh. Take this. It would be nice if this could get back over 25 cents and continue its trip upwards.

But overall, i just wanted to give you a quick update of what is and isn't happening with crypto and why i kind of got that bump. But i think it's really cool that it's actually holding it now um. I thought when amazon came out, saying no, no, no. We don't have plans for this year.

It took that hit, but it's recovering very, very very nicely. So that's exciting diamonds becoming an astronaut have uh. Do you have any uh cardano? I do have cardano um. Actually i don't even know my cardano average, but i'm in it like, i think, right around a dollar, a dollar twenty, something like that.

Uh i've been in it for a while um i've been through ups and downs, many gyrations with it um, but for me remember, i am not really day trading or swing training any crypto. I i get it on major dips and i've just been sitting on it. For me, crypto is more of a long-term hold um, most likely over a decade fast forward a decade i'll either be very right or very wrong. I don't think there's gon na be an in-between.

I don't see a world in which crypto a decade from now will be close to these values. It's either going to be way way higher or way way lower. So it's kind of a it's an interesting long-term bet, because it feels very, very binary, we'll either absolutely destroy it if you're a crypto bull, a crypto ape or we're just going to be wrong and lose a lot of money. But for me it's no active trades whatsoever.

I just buy it on major dips, ideally lowering my average, if possible and then other than that, i'm just sitting back and enjoying the roller coaster ride. Oh all boogie, all boogie um yeah in terms of the overall market. I think we're just gon na keep this classic like melting up methodology that you might have heard that term before i'm still bullish on the market seasonally. Just so you know august is kind of a flat month, so we might just see chop overall, but i don't think the market is going to actually um have much of a bearish push until there's some sort of large external factor, and i'm talking about um.

We have that new d version of the thing going around. I'm saying that, oddly, because i don't know if i'm allowed to say it without making youtube mad at me, so that could have negative consequences is if, if like there's more, i guess news reports. If it continues to spread um, but right now, as long as the federal reserve is keeping our interest rates around zero and they keep saying oh no, no like we're not going to raise them until 2023. Maybe even later, i think we're all good.

But as soon as they kind of change their tune on that uh, the two things i'd pay attention to right now are: what is the fed doing in relation to inflation and their interest rates? Are they going to remain hawkish or dovish and then the other thing would be the that d version, the delta version of the thing going around and see what's uh happening in that world um i'm not here for a like science or political statement, i'm just saying. Obviously it could have an impact on the overall stock market. We saw that the original version of that thing had a huge impact on the stock market, so it is worthwhile to you to pay attention to like okay, what is going on with this, and is it going to get worse? Is it going to quickly get better and it's more of like? Is it something that media sources are going to scare people with, or are they going to be like? Oh? No, it's not that bad, because their commentary, whether they're hopeful or fearful, will have a clear impact on the stock market, all right, ada, uh and i'm overall happy with ada normal schedule again. Uh! No.

For this week, we're still running the nine to eleven two to four, with some variations here and there um, depending on interviews and that type of stuff. But for this week it's still the overall concept of nine to eleven and two to four. Just because midday has been really quiet and then i'm using the chop and midday to research other stuff. So then i could come back in the afternoon session and teach you something better: hey matt, thanks for the daily awesomeness random theory on the harmful and dangerous thing.

Maybe calm down got what's going on the cocoa, hey matt, you rock. I had a thought last night. I hope you can clear it up or maybe dave since citadel has a large training platform. Are they a prime broker? They are not a prime broker.

No citadel is many things, but they are not. They don't function as a prime broker. They function as a broker dealer, but that's a bit different uh they're, not a prime broker. Can you look at d g, a z f.

Isn't that a natural gas thing like in d g, a z, f, it's not shown up d g, a z, f, um, there's something like this. That is like uh etf to natural get gas. I think there might be lottery stocks. I think there might be a little bit of a typo there.

It's not coming up at least on trading view, but i know there's something similar to that. That's some sort of like leveraged etf, for i believe natural gas not to be that guy. No not why crypto was bullish not to be that guy, not why crypto was bullish, um, it definitely related to amazon uh. That's like i mean it was spiking as soon as that story was coming out of like the classic, like inside sources, type of a deal, but i mean, and then it dropped right when it came out that amazon was saying.

No, no, that wasn't us. I could show you those tweets right after the bell opens right after the bell opens. Let's get ready, we'll switch to the one minute. Oh, i got ta get the bell ready the official bell.

Let's get ready, yaya ding dong sing, yaya ding dong. Did you see my twitter dm from friday, pat's fun house uh, most likely not with um just the insanity of what was going on with youtube uh definitely consume my friday and saturday, all right all right all right. Let's get ready, let's get ready, ding, ding, ding casino is open. Folks, the casino is open.

Let's see how we're gon na rock it today, let's see how things are gon na play out all right so coming out of the gate on the one minute on amc, the rsi is already oversold. So hopefully that just means that people are gon na pour in and be like, hey, it's a dip buy opportunity, but let's see how it plays out. Let's see how it plays out all right, all right, all right. So for my audio listeners.

Just so, you know amc just south of 40 and then on the other hand, jimmy is at 180 350, but jimmy it looks like it's going to be a low volume day. Let's do this come on, come on, come on gme, pushing 184 green on the day and then amc, let's mark out its previous closest 40 29. Let's mark out the red green move. 40 29 is right right here.

40, 29.. 40. 29. Perfect, perfect, perfect, come on.

Let's get a nice volume explosion, the rsi very oversold, but trying to bounce off of that. What's going on the s p 500, slightly down on the day 439 down by 0.4 and then iwm is down by 0.78. Would love to see both of these go green and go clearly? Green uh just be a little bit, i guess, hesitant of the overall market uh, and especially the nasdaq 100 lots of big tech companies reporting this evening. So there could be just some weird positioning in shenaniganz throughout the day and people getting prepared.

I guess in terms of preparation for what could be occurring after the market closes today. All right come on come on, come on so can citadel create naked shorts in connect. If, yes, who can confirm that they bought back so um? What i don't know what you mean in creating it, because it's just another trading venue that they don't say it's a dark pool. They they say it's not a dark pool, but it really sounds like a dark pool.

Remember naked shorting can be create or a naked short can be created on any venue. It's just when you sell stock without actually borrowing it it doesn't. Naked shorting is not easier or harder depending on the venue. A venue is just where a trade is actually executed.

It's where you find the buyer of the short sale it. It doesn't become easier or harder, depending on your venue of choice, um it the naked short. No venue really in that scenario it's just a discussion of you - were selling stock without locating it um so and when you're saying citadel, it's very very, very important to understand. Are you talking about citadel the hedge fund or citadel securities, the market maker, because citadel securities, the market maker, when you're a market maker you are, in certain circumstances, short exempt because you're providing liquidity? They allow them to short without locating stock and that's kind of a different rule set than citadel the hedge fund, who they would end up creating a naked short.

If some prime broker out there allows them to go short without the prime broker. Locating the share so citadel, the hedge fund can produce naked shorts and citadel securities can also produce naked shorts, but there's kind of two different mechanisms, and in that scenario, when you're talking about naked shorts, it doesn't really have much to do with citadel connect, because that's Just another venue in which facilitates the connection of buyers to sellers. What do you think about the sprt short squeezes? We love you um. I've never heard of.

I mean be very careful with calling these other things short squeezes, because a big thing with a squeeze is like something weird going on. As in like a lot of support or something like that. But let me check out sprt the companysupport.com. It does have a very high short interest rate 65 percent support.com um utilization 100 shares on loan 5 million.

So it's a low float. Estimated short interest is 65 um. I i haven't heard of it. This is the first time i'm hearing about this being a potential play.

The numbers are there, my only hesitation with it is. Does it have enough? I guess public interest of people actually buying the shares to like prompt it remember just because you have a high short interest. It doesn't guarantee a short squeeze. In fact, the correlation is a lot of the times with high short interest.

The stock actually goes down because there's that many people selling it and a decent amount of time, they're selling it for a good reason. So i would have to look into the situation of sprt, but please i need to make this very very explicitly clear, just because something has a high short interest. That does not mean a short squeeze. You cannot make that connection.

It's actually try to it's dangerous for you to think that, because it could relate, it could prompt losing quite a bit of money, can't stella if i'm asleep night apes. What's going on hey matt been watching daily for months now, have you ever heard boom boom candles? It's a bop so check it out yeah. We actually played that on stream the other day uh by martian xtg, i believe so all right yeah. So to answer that question about citadel connect.

Um, you don't! A naked short is created when you're just not borrowing shares, and then the trade goes through. It's not specific to the venue. Do i have to call you trey on live again: uh pat's, fun, house uh. No, you don't at any time.

The price of amc is equal to the chance in percentages that the squeeze will start within 10 seconds. I wish that's how it worked. I wish i wish i wish say this without laughing kinky kong, you couldn't no. I really can't, i think it's absolutely hilarious.

Uh kinky kong is saying, get sia s. I a at one cent before it hits coinbase in august all right and we talked about that being a prime broker. Matt, it broke my heart to see you emotional in your thank you video. You don't deserve any negativity.

You receive you're one of the most down-to-earth humans uh on the net. I'm grateful for you hey. I appreciate that and i i mean there's things that i've done, that i deserve some negativity like i. I don't i'm not perfect.

So obviously i've like fumbled some things but um i don't know it was more of like i don't think it's really. I don't know it's hard to make these assumptions because i just don't know what's going on but in my mind it's one of two things. It's one of hey: it's very, very odd that i've been kicked off of youtube twice. Tmi was kicked off of both of us were harmful and dangerous.

That seems very very odd to me. So the question is: is it? Is it a coordinated attempt on youtube, or is it something else going on that we're getting at attacked by like a mass amount of bots that are reporting us, and i don't know um, it's tough to know that without being able to talk to someone directly at Youtube honestly, i don't think if i had to guess right now. I don't know if someone like myself, someone like tmi, like i don't know if we're big enough to hit youtube's radar of them to actually care about us. So my assumption is, it's more so of a coordinated attack from somewhere else from some other entity on us on our community and like they figure out how to just like pass by youtube's checks where um they weren't able to protect us.

If i had to guess but like i said, this is all theory i might as well just throw on my tinfoil hat uh, because it's a theory and like when it came down to it i mean, even if it was youtube trying to come after us, like. I mean i got my account back in like two hours so, like i mean that was pretty quick. It blew up incredibly incredibly fast um, so if it was youtube against us, they would have just. Why would they have been so expedient? So that's part of my reasoning why i think it's a coordinated attack from somewhere else and they just figured out youtube system where youtube system didn't catch them.

That's kind of my going theory because i mean if we look at just like the facts of the overall situation of like yeah. I was terminated and i don't like the reasoning of it was a mistake, but also they gave the account back within like two hours. So if they didn't like me, why would they have given the account back type of a deal? I don't know i've just been. I was thinking about it a lot last night of like what makes the most sense of what's going on and, like i said this is like definitely a tinfoil hat thing.

I think someone came up with some sort of system for bot attacks. They tested it on tmi's channel they're like oh, okay, it works, and then they ran it on. My against my channel is like kind of my going theory, because it's really weird that two amc commenters live streamers. Commentators live streamers, whatever you want to call us both lost it in a very like quick amount of time.

So, like i said, that's a theory, but it kind of uh. I don't know it makes sense. It makes sense to me all right. So amc moving back up to 39.80 and let's see what uh the overall market is doing right now, let's throw up iwm we're looking for iwm to bounce as well.

That should definitely definitely help out with amc and throw up the spy just so we have a better idea of the overall market today, the overall market, all right here we go, and here we go all right, all right, all right amc, making that run at 40.. 40 is important. Obviously, 42 is important. We know this region of 40 to 42.

If you've been hanging out in any of these streams, you just know how incredibly important that is. So that is exactly what we are looking for. Have you heard of d-a-g uh? I have not but i'll check that out uh. So what is stopping citadel from creating one million naked shorts and then deleting that account by the way you rock still hope you and trade do dad jokes um, i'm not sure what you mean by deleting that account.

Creating a million naked shorts then deleting that account uh, i'm not quite sure what like deleting what account uh. I'm slightly confused, hey man. I have a solid 14 call september in your opinion, not advice. Should i sell any bigger calls in the future, i'm up.

187. I'm from 187 to 2.5 k, first of all, congrats i've sold 14 call for september. In your opinion, wait! What stock are you talking about bone saw? Oh, you have a solid, you didn't sell it. You have a solid 14 call for september.

In your opinion, on advice, do i sell and buy bigger calls for the future? I mean i'm of the mindset that if you have a golden ticket winner, why would you get rid of that? If i were you, i would just ride that winner, because it's an awesome winner, adam, what's going on morning, matt got off my 12 hour shift at 6 a.m: cracked, a cold one uh with my purple moon gang duck, shirt glad we got your back. Oh brother, hey i mean that sounds like a tough shift but happy to hang out hope, you're having a good one hope you are having a good one, all right, all right, all right, let's see! What's going on s p, please bounce right! Here we want iwm to bounce as well. At this point, it seems like it's going to be one of those days where iwm the russell 2000 seems to be uh, dragging amc with it a bit. I'm watching this 218 level.

Obviously, amc around five minutes into the day, very close to going green on the day, but it was rejected right at that red green move. You'll see this sometimes where the red green move, where basically goes from being down on the day, to being neutral to being up that can act as resistance and that's like to the cent or sent off of where amc was rejected this morning. That's something worthwhile to pay attention to gme has borderline non-existent volume. 107 000 shares very, very low, very low, all right amc currently trading at just below 39, for my audio listeners, gme at 182 spy trying to bounce but iwm looking weak uh.

Let's hope that i can keep this bounce off of 217. hold hold hold, hold hold, let's see what you got russell the old russell 2000, all right. What other news we have. Let's check this out so far, not the craziest opening, seven meme socks that you shouldn't touch with a 10 foot pole.

Of course they have just everything on it: amc, gme, clove, any gg, nakd sndl s, i've never heard of srne. I don't know how that's a meme stock. Well, this person i've written about the fundamental problem facing amc. Well, a lot of us aren't in it for the fundamental play where, if it is it's just, how do you fundamentally value something? Obviously, a lot of people are putting a premium on the fact that there's a chance of a squeeze, so it's just.

How are you valuing it fundamental value means different means, different things to different people. I'm i don't know why they're talking about this srne thing, though oops all right. So that's um kind of a negative piece from investor place that it's just the same thing as always: fundamental value, fundamental value, fundamental value, which we've heard that we've heard that before all right. So as of today, we've had three unusual calls: uh, 45, 40 and 80.

Interesting um 30 out for this week, whoa whoa, whoa, whoa, interesting, interesting, interesting. So for literally this friday, someone got 31 000 of the 45s and then 39 000 38.7 000 of the 44s right out of the gate, and then they picked up. Someone else picked up 86 000 for the august late august at 80., huh another one just came in the august, monthlies 270 000 for the 41s interesting interesting, interesting, interesting. All calls thus far.

The first four unusual options were calls calls calls interesting interesting, makes you wonder if they know something we don't uh shout out zach beautiful bull flag on ford uh. Let me get this written down, so we can check it out uh after the market. Open kind of concludes we'll take a a sneak peek at ford ford write that down built for tough forward board bull flag. All right hang on.

Let me bring this up off screen twitter to to do walter bloomberg. Um amazon's deal. Do you use workdays? All right did not do that signing a contract. What else do we have uh blink charging awarded grant funds for the deployment of dc fast chargers right, mastercard, smp s, p study to impose pan all right? We know that all right, it seems thus far kind of a quiet quiet day.

Uh aal american airlines got some upgrades from some analysts. Tesla had its earnings, how's tesla, looking down by 1.42, had its earnings yesterday after the market closed, but they beat on profits. Just so everyone knows about tesla. What else do we have? Oh, i didn't realize that bitcoin going above 40k.

It was the first time since june, so it was below it for all of july. I didn't realize that all right con, that's for a quiet day, quiet day, but hey amc, coming back fighting uh. My first watch right here would be at this support, which could act as resistance 39.50 from there we're going to watch uh the regree move and also the high of the day around 40 30.. So, let's see how this behaves, i'm hoping fingers crossed that it's kind of like yesterday, where amc is able to deviate from iwm, because iwm is obviously hurting it at the moment, obviously hurting it at the moment trying to bounce off of 217.

Actually, what are the important levels on iwm? I just don't want it to drag it down with it, not looking the best. What is this low? 216 91. So my personal thoughts are iwm. The russell 2000, which amc is a member of it's it's one of the stocks, it's one of the companies in the basket, so we had a weird day yesterday, where it didn't really do anything.

It just whipsawed a lot of people if it can't hold this low from two trading days ago on july 23rd. I think the next real support is going to be below 216, so i think it could drop 217, a dollar 50. yeah. Let's look for this to hold: let's look for a double bottom hold, but if not, i would say the support comes here and the next one's at 214, but hey it's bouncing thus far off of 217.

spy, strong recovering might not even be a cup and handle Might just be a recovery and a movement upward honestly, 250, 953, so 23 minutes into the day once again - and this is one of my own trading rules, but i think today's another good example of why it's beneficial to wait. Those first 15 minutes. Sometimes you even want to wait that first half hour. I really really do not like the concept of creating a position right when the market opens.

It's just super easy to get whipsawed whipsawed very, very quickly, uh walmart, to pay full college tuition and books for employees. Oh, that's awesome needing some non-cran financial advice, fuel cell or lcid for long-term plays, want to put money in one spot. Long live kinky, kong, um, so big shop when you're talking about fuel cell or lucid or long term, that's more than of a fundamental breakdown. If you do charting and all that, that's not going to tell you much about long term uh.

If i'm being honest, i have a position in both. I have a position in fuel cell and lucid with it. I mean fuel cell is a little bit more upstream for the ev sector, while lucid is specifically going to be the higher end ev luxury market in the u.s um. I i don't see how one of those will be massively successful and not the other one like you're betting, on the ev sector, um, if you really want to just go in on a particular ev play.

Well, why not get an etf that tracks it uh, such as ark q, a r k, q, and then you don't have to pick the company you could just bet on the sector. Uh jim cramer said. I love amc this morning, hence the flat day so far that is. Did he seriously say that i feel like the guy is just all over the map he just whips on us uh? Did he tweet it or did he just say it? On tv tim kramer? Let's see oh jim cramer, beautiful move in amc, he was talking about yesterday, man, the guy's all over the map, like i don't know if he likes us or if he hates us, but i feel like he.

I don't know if he's made up his own mind on it, if, i'm being honest, been patiently waiting for the squeeze, so i made 10k cans of custom short squeezed lemonade matt you should get your own can i'll make. It sounds good. I'd appreciate that pat's fun house sounds fun all right. What are you gon na do? What are you gon na do iwm? I feel like this move right here.

If it wants to get above 218, it could push for the day, but if it gets rejected man, it needs to hold this 217 region. It's kind of in purgatory right now, 218 to 217. This dollar range pretty important, uh amc. Just so you know my audio listeners right now at 39, we're looking forward to get above 39.50 a little intraday resistance and then gme is at 180 350..

Where are we on the let's go to the three minute, the three minute, the three minute and the three minute? Let's consolidate this, i mean it's such a low volume day. It kind of looks ugly to look at it on the one minute all right. We very much want this to hold come on. Iw, i'm hold, don't drag it down.

Just feels like we've said this and we've seen this. It just feels like iwm is dragging stuff with it. Unfortunately, what would you make your can look like uh? I don't know something with a a moon, a rocket, an ape, a tiger, a duck. I think any of those along those lines would be on brand.

Can you go over the links in the description, i'm getting training view, but i could use a refresh on the others, with service provided and discount ronda sure. Let me do a quick rundown of that. So in the description, the very first link is a link to the new clips channel mac course clips. It's the only official clips channel um.

Just so you guys know it's the first link. It's actually pinned to the top of chat too, so we're gon na clip parts of the live stream parts of interviews, some of the twitch stuff, it's more of a relax, and it's also that's what it'll be used for like in the meantime and then. In any event, that, like i get banned or something like that, that'll be the first backup channel at least for youtube uh, the next one uh charting uh. That's the charts! You see in front of you weeble, i'm not saying to trade on it.

If you're afraid of pouring payment for order flow, but it does still have nice charting um, but a lot of people, i mean i already had a fidelity account and execute a lot of trades on my fidelity account. But if you're looking to trade in an environment that doesn't use payment for order flow, you have to use fidelity active trader, but i still like this type of charting um. The next one is just moon gang merch. That's pretty obvious! There is a currently a deal running on that binzinga.

Is this right here, uh benzynga pro right now you can get a free trial, but if you use the code july 50 you'll get 50 off, whatever you buy, there are various packages and products, but that's what i use for the news aggregator for any big signals For any unusual options, that's all through binzinga, the next one's the discord, that's just a discord server for the moon, gang options; picker, that's tiblio, that's a free, a money-back guarantee and then the normal price is 25 and you get a discount. If you use that link trading view is another trading view is where i'll use uh. This is trading view. It's another charting software uh.

It has like all the fun emojis vortex is ortex cyberghost, that's a vpn um vortex. You get a seven day free trial and then cyber goes to get um. I think a couple free months and then on top of that, like a six month deal is like six bucks or something like that or each month is two dollars or some crazy deal, and then the other ones are crypto, cryptocrypto, crypto and then my social links. Oh whoa whoa, whoa, iwm, potentially saving itself uh spy catching a bid breaking out of whatever this recent high was around 439.50 and this enthusiasm is pouring over to the russell 2000.

Okay, okay, okay, let's see if this can hold we're looking uh. My worry right now of what i'm seeing is. I don't want iwm to break through this support and then drag everything in that index with it. It doesn't necessarily have to go that way, but just over the past week and a half two weeks, we've seen that amc has been not perfectly correlated, definitely not in lockstep, but it seems to be kind of moving and rhyming with iwm.

So that's why i'm looking just for this to hold in the bottom left, because i don't want it to have a negative impact on amc but spy making that move to go back green on the day. Where are we at previous close? 441.02? Oh 441.02? That's! Actually, we have a dollar fifty to go. Excuse me. I thought it was at 440.

amc currently 38.90 and jimmy 182.34 low volume day amc. We are 30 minutes into the day and it's traded 12.7 million and then jimmy's traded 197. 000.. Let's do a quick or text check just to see what's going on here, amc a net return of well kind of net, neutral, 48.

000! That's not that big short interest of 14.92 gamestop pretty much net neutral, a short interest of 13.89 percent, john peters. What's going on, uh does weeble always loan out shares? No, if you are on weeble, you can turn off your share lending personally uh. The shares that i have there. I have my share lending turned off matt.

Is it better to place an auto price target, sell order or watch the stock, and do it real time um both are viable, i wouldn't say one's better than the other. It depends on what's going on with the stock, your trading plan, that type of a thing very, very situationally, dependent amc, bumper stickers, amc ape moon coming, i'm worried that they will use the borrowed funds to triple down and regain a more advantageous position to help reclaim The original bets thoughts jarrett. What do you mean? Borrowed funds uh? I don't. I don't know what you mean by that, like, where who's borrowing the funds and where are they, borrowing the funds from i'm not aware of a hedge fund, borrowing money from someone and then using that money to short the stock.

If that's what you're saying kramer said, he loves amc on tv this morning, comparing how he loves what adam aaron is doing to keep the magic alive. Interesting, very interesting! Oh, are you talking about the new zero one, zero rule, the nscc2021010. If that's um, i saw some people who were trying to link that to uh kind of this concept of a controlled squeeze. No, that that's definitely a misinterpretation.

It has nothing to do with controlling an amc squeeze the gme squeeze or any squeeze. It has to do with loaning and collateral and basically uh it's just if i were to generalize all these new sec rules and what it's doing, it's basically backstopping the overall market, if, like crap, hits the fan uh, that's how i would generalize it this. It's more of talking about. Can they use loan stocks as collateral for loans um it this connection to controlling a squeeze.

I i don't know who made that connection, and i just i looked into it. I try to understand it and i just i don't see anyone else really supporting that with like strong evidence. I i don't know where this control squeeze thing came from and it doesn't. I looked into that.

I mean i spent an abnormal amount of time last night, trying to figure that out and figure out how it would work mechanically, but if anything, the zero one zero a little bit of it had to deal with them. Sponsoring new members and these new members, the members of the nscc, are not hedge funds. The members are more so people like clearing brokers like big clearing houses, so it had something to do with them, sponsoring new clearing brokers to become a member of the nscc and then other than that, and i believe later today, trey will be putting a video out On it, i was talking with him a little bit this morning, and it's just to give you a very quick rundown. It's more of when people are loaning anything it's kind of adding in a third party that is gon na assist with backstopping it just in case, like everything, goes belly up type of a situation, but um uh, yeah uh.

This controlled thing. I i see no evidence to it, it might be true, but i see no validity, no valid sources and really just the reasoning. Like i mean i've read through that whole document, and i saw nothing about how like they're not going to make one rule for the entire stock market that controls the squeeze of like one or two stocks. That's not how these these rules are made for market-wide scenarios.

Not like a particular stock, i heard if they use that money for shorts, they will get disconnected from the exchange um. I want to be like very clear of like what kind of money we're talking about here, because if they use that yeah, i think we need to be a little bit more specific uh, william, because in some scenarios i think i've read uh what i believe you're Referring to, i just don't want to misspeak on this and like get out any like false information uh. But can you create slash, maintain your own etf comp program, etf comp program? Am i i feel like? Am i like missing something um, an etf comp program maintain your own hairy parrot. Are you asking like in general or if i could do it and like what would it be tracking specific to etfs um, someone just said, matt you're, wrong, j house uh.

I mean honestly like feel free to correct me, like what did i get wrong like i don't want to like spread any information, but i've just i there's literally zero credible sources about this controlled squeeze thing and that's exactly last time i looked into it and then I talked to various other people, i'm like is there any validity? Can we come up with the way that this is possible and it there's just no connection of this new rule to a controlled squeeze like what is a controlled squeeze like what does that actually mean? How, by definition, a squeeze is all hedge funds quickly hitting the eject button before they lose money? What how could you possibly coordinate that between all these hedge funds?.