I've wrapped my then i'll find me a chick. I can make my darkness in motion. It's a 16 bath in the dark of the ocean flow penetrates. He goes with the dark of the broken.

Meanwhile, in the hill smoking won't, let me get my roaches been promoting a green and a pure disturb and please get vex and they swear. They words on drenched in venom pitch darkness in motion. It's the 16th bath in the dark of the ocean flow penetrates eagles. With a dark could have broken, meanwhile, in hell smoking won't.

Let me get my roach been promoting a green and a pure disturb and bees get vaccinated on daytime venom, team team team team team. It is friday january 28th and oh man, oh man, oh man, oh man. We are setting up for some sort of day. Ah, i'm excited i'm very, very excited.

I think, there's gon na be some unique opportunity. Hopefully we can make some of them attendees. Oh man, we're already seeing a bunch of, is it already doing its own thing here? Hopefully, it's gon na catch up. What's going on with the internet, the speed test told me i was blazing fast this morning.

Go. Go, go, go test, test, test test test. Let's see the download speed is 800 and 900 nine hundred down nine nine twenty we should be coming hang on. Let's just let youtube like figure its own life out, but everything should be fine, uh we're not seeing any slowness.

It should be all good. Let's get right back into it, i think it's gon na be a crazy day. I already posted it earlier on the locals membership thing i am leaning bearish going into today, but i'm not like extremely bearish. So there's a couple things i want to talk about and we're going to get into some earnings.

Yes, apple reported last night, robin hood reported last night, so we had some energy plays reporting. This morning we had some infrastructure plays reporting this morning. We're going to get into all of those, but we're really going to take more of a focus on what's going on in the bigger market. I have some support and resistance mapped out, we'll be looking at the short interest of the overall market.

We'll take a quick dive into amc and jimmy, seeing where their short interest is at, but man, oh man, we have some reports coming out. Another inflationary report came out the uh personal consumer or personal. What is it the core personal consumption expenditures? I always just know pce uh personal consumption expenditures that came out. That's definitely one that that's looking at so many things going on it's a friday.

Hopefully it's gon na be attendees friday. As of now just so everyone knows my. I guess that public account the not the public for stocks, but the options, one that i'm sharing with all of you that one right now completely flat. I have no position.

I threw a hail mary got super super lucky on tesla, with the puts yesterday and right now, i'm flat, so i'm ready to go. I'm ready to rip very, very happy. I feel like i'm not weighed down by anything whenever we see good opportunity, i'm gon na call it out i'll. Let you know what i'm gon na do but remember i am not a financial advisor, i'm only taking care of my own portfolio.

You got to do. What's right for you, maybe you think i'm wrong and you want to do the exact opposite. Maybe you think i'm right, you want to tag along, or maybe you just think. Ah i don't know about that.

One and you just don't want to do it at all. It's all up to, you remember, take responsibility for your own trades. Nothing i say should ever ever ever be interpreted as buy, sell or hold advice. So with all that being said, let's get into it, and this is going to be that party friday, so we're getting going here.

I just wanted to show a little bit of a heat map, but i guess it like reloads, for whatever reason at nine okay, we had some colors. So i guess we're waiting here, crypto a little red. We are seeing a little bit of red and here's the futures market, which is crazy because it just got a really nice pop, and these are the main levels i'm watching on the s p. 500.

Once again, this is the s p 500 futures contract, but these are the levels that have been really playing out. Yesterday i was like hey. This is going to be resistance, if not watch 4 320. Try to bounce off of that cratered to the very next level.

We have 4280., so what i want to give to all of you right now are these next levels. So, yes, i'm watching 4320, if it breaks and hold about that. That puts into play three hundred fifty if we get rejected here and come back down to four thousand two hundred eighty. The next thing i am watching is four thousand two hundred and twenty.

If this does not hold this region, i have. I am looking for a push all the way here, but once again i don't know if it will or won't hold. These are just the levels i'm gon na watch. It looks like this first one was rejected, but i don't know when i see breakdowns, maybe i'll play it.

If i see support being found, maybe we'll play the bounce back up, but this is the first resistance and the first support that i'm really paying attention to just to give you some specifics. But let's take a look at the kind of the wider thing right here. Right now we see red and the dow red in the s p and there's technically red in the nasdaq. But it's just barely read and it's being held up by apple apple, had a very, very good earnings announcement last night.

So that's holding up the entire tech sector. Oil 88 oil is just so so high right now and i think it's going to continue higher and higher yields were up. 1.8 uh. Generally, it's been hanging out at like 1.77 1.75, so yields are also kind of going up.

Just another thing to consider obviously has big implications with the fed all right. So five things to know before the stock market opens today friday january 28th, wall street's worst market sell-off since march 2020 continues well that doesn't sound too good that doesn't sound too good whatsoever whatsoever whatsoever. Let's just th. This is now the spy we're not on the futures anymore.

I just want to give everyone of an idea of where we're at so this all-time high that we hit. We are currently down 10 of if we open at this level, which who knows we still have about 25 minutes that is officially correction territory. Remember 20 is a bear. Market 10 is correction.

Sub 10 is just a dip, a pullback, but right here, if we're, if we officially close, let's say below, i don't know 429, we would officially be in correction territory on the s p 500. This is a target i'm watching on the spy 422. I believe if we break below 429 and if it holds there, we will be seeing 422. That's one of my like main straight up game plans um.

If we're taking a look at the nasdaq, that is currently down 15 almost 16, it's actually a little bit green in pre-market right now, once again remember apple killed it. It makes sense that the nasdaq is up, and let's talk about the small cap depending on where you want to look at it. It is currently down 23, so the small cap is actually officially in bear territory um that small cap getting beat up the most currently uh. Let's look at some major levels that it could bounce off of next i'd be watching 187.

At this point, it's trading at 190.. The one thing i did want to point out about the spy, the qs and the russell. All of them are in the extremely oversold territory um. Yes, i said that i am leaning bearish, but i'm not saying like.

Oh i'm gon na be bearish for february and march, i'm just saying in the very very short term. I don't think we can remain in this much of an extreme oversold situation for really that long um. So when i was giving you my leaning, it's like exclusively pretty much for market opening all right. Now, let's see what else is going on: uh dow stocks, chevron, caterpillar, hitting dow futures after earnings, so dow remember: dao is um the like 30., it's 30 of the biggest influential companies um, and it includes chevron, kind of in the energy sector, caterpillar machinery, infrastructure, um.

So both a little down right now so chevron, the energy giant before the belt reported lower than expected, adjusted. Fourth quarter earnings revenue of 48.13 built beat expectations, so this is kind of the. I guess pattern we've been seeing a lot recently is in the fourth quarter. It seems like actually, everyone is beating on revenue but maybe and most are actually beating on earnings per share, but either they're calling out lower guidance or they're saying yeah no supply chain issues are still like, really hurting us.

That's the pattern we're seeing thus far in earnings season in terms of caterpillar increased cost, we're hearing that a lot increased cost supply chain issues, increased costs weighing on the company's profit margins, overshadowed better than expected earnings and revenue. So once again, another company that beat expectations in terms of revenue and earnings, but it was something else and in this one it was cost um apple shares, holding on to the gains after strong quarterly result. You know before we get into apple uh apple. It's always like a specialty when you're talking about apple because of what apple is and what it represents to the economy, we're pretty much talking about a three trillion dollar company and whenever it does or says anything, it has a huge impact on the entire market.

So really before we get into the details of that, i want to remind you of where we are in the big picture of the market. We are coming into the end of january, as you can see coming into the end of january, which is pretty much today. I mean what do we have friday, the 28th and then i guess technically monday, the 31st, so two more trading days in january right here. That's this push, and then we have a pop-up to start feb a little choppy, and then we see a bullish push in mid feb.

This is just seasonality. Does this have to happen? No, but over the past two decades. This is like kind of the average movement that we see. It's not the end, all be all it's not the gospel, but it tells you a little bit about like.

Are you being supported by tailwinds? Are you running into headwinds, so i wanted to let you know about that, and i also wanted to let you know about some other things, so 2021 economy boomed at fastest rate in 37 years, that's very good. Our gdp uh. It came in at 6.9 percent. Like look at that, that's awesome, that's very, very good news, and this is some of the things that the federal reserve was setting of like yeah.

No, our economy, like it's actually pretty good right now and that's actually them pointing out how good things are going in terms of like the labor market is actually kind of. What's freaking people out because then they're like wait, that sounds pretty hawkish. Are you going to stop backstopping everything, so it's kind of weird the success of the economy right now in a weird way, is actually to the detriment of the stock market. What a what a paradox we have going on, but that doesn't stop the fact that we're seeing titles like this headlines, like this s, p, 500 closes lower, gives up earlier gains, as volatility continues and that's exactly what's going on and this morning around 8 30.

We got this key inflation gauge rises 4.9 from a year ago, fastest gain since 1983.. So what are they talking about? They're talking about the pce core price index, the personal consumption expenditure, so over the past month it raised 0.5 and over the past year, it's up 4.9. So since it's the core cp pce, that means it's not counting food or energy and if you are just looking at normal pce um the pce price index, that's up 0.4 on the month and up 5.8 on the year. Just to give you this, i mean it's high um.

This is just another like, as this says, a key. I guess gauge that the fed will be using to say: where is inflation, that is sky high, the fastest rise since 1983.? So that gives you a little bit of um an overview of where we're at things that the fed will or won't be. Considering remember the next big fed thing is we're going to get something uh from the meeting minutes in feb, but their next real meeting is going to be in march, so make sure you are well aware of that. Now, let's talk about our friends over at apple apple revenue, pops 11 to 123.9 billion with a b cook says.

Supply chain is improving crazy, crazy, crazy and i'm telling you folks apple destroyed it. Earnings per share of 210 versus an estimate of 1.89 revenue, 123.9 billion versus an estimate of 118.6 billion on the quarter, the estimate they beat estimates by so many billion, almost five billion dollars. That is crazy. Five billion they're, like yeah, that was our rounding error.

5 billion um everything did very, very well, except for ipad uh, as you can see iphone crushed it services crushed it. Some analysts were saying that they thought services would count for a higher percentage of their overall income. So that was like a little bit of a dig against them, but that was really nitpicking: um other products, looking good mac revenue. Looking good ipad, like i said, the only one that kind of upset people gross margin, also very impressive.

What we expect for the march quarter is solid, year-over-year revenue growth and we expect supply chain constraints in march quarter to be less than they were in the december quarter. So that's pretty good uh recently apple's been kind of staying away from giving future guidance, but it looks at least for the next quarter, they're pretty bullish on things and honestly, these numbers truly surprise me and it seems like they surprised, a lot of people, because we Did see reports in december that consumer spending was down, apparently it just didn't those people who were spending were still spending at apple. Our biggest issue is chip supply. It's chip supply on legacy nodes, so we're seeing supply chain issues, but particularly the two chips we've seen.

This exact same sentiment being uh resonated restated by many many companies, particularly apple tesla. Recently, chips are in low supply. It's a big deal right now among other supply chain issues, but right here i believe they said those aren't proven. I think everybody's seeing inflationary pressure cook said: there's no two ways about it.

So, even with that they're seeing inflationary pressures but across the board excluding ipads, they are beating beating, beating and that's exactly why apple went from 159 all the way up to 168 and it's still currently up three percent trading at 164.. I am telling you, if apple missed the spy and the qs right now, these overall indices would be much more red. It would. If this went down, it would have dragged the q's and thus then the spot it would have been bloody right now.

The reason we're not lower is because of the entire apple company, it's actually pretty crazy um. The other thing i just want to bring to your attention just in case you missed it. Yesterday we were talking a little bit about bill ackman, thus far already crushing it. On netflix netflix gained 7.5, he was just saying: hey it's super low.

This is a great steal. Let's buy 3.1 million shares of it. Uh ackman and his fun bought that and right now, netflix uh the enthusiasm behind it. It caused it to really pop like people were, i guess, kind of coasting off of him and they liked his enthusiasm for it and they did what he did and it went higher and higher and higher all right.

Let's talk about robin hood. Robin hood shares sync. After the trading app warns of q1 revenue well well well, well, well, well, look who is about to hit a new all-time low. I'm talking about robin hood! Think about how beautiful this is think about how beautiful this is today is the birthday of the apes january 28th.

A year ago, a year ago, the apes were born. It was a new breed of investor and man. Oh man, oh man, it all started when robin hood took away the buy button and hey. I know other brokerages did but robinhood threw a series of.

I guess, like really poor pr engagements. It was the symbolism and they just also went against. I, i suppose, in a weird way, they went against their own corporate message of democratizing finance, like kind of being there for the little guy. I, like the little literal, mythological story of robin hood and it was just all wild on the 27th they're messaging each other internally to the company they're, like we have liquidity issues on the 28th they're going on cnbc.

We don't have liquidity issues and it was wild. We know within one day they got the funding, but we also know trading was restricted for multiple days. It just became a whole thing and it literally marked the birth of this whole new trading community of the apes. So i find it particularly fitting that, a year later, it is literally hitting an all-time low looks like we are currently opening around ten dollars.

Robin hood shares tanked 12. After it loses active users forecast weak revenue, uh monthly. Active users fell to 17.3 million from 18.9, which was below the estimates of 19.8, so they were off by over 2 million there, 2.5 million robin hood reported a net loss of 423 million, almost burned half a billion uh, that was of 49 cents earnings per share. The expectation was a loss of 45, so it was a wider than expected loss and they only had a revenue of 363 so clearly a net loss on the quarter.

It was bad robin hood, still investing heavily into crypto. It seems like it's kind of throwing the hail, melee hail mary into crypto and also just becoming a legitimate bank like debit cards and that type of stuff that they're trying to roll out. But it's i'm gon na avoid it. The only thing the biggest trade i wish i took this past year was when robin hood was around 35 coming off of 85.

I wish i took money and shorted it as much as i possibly could have uh. That was probably my biggest mistrade of the past year. I could have been riding this sucker down to 10 and i honestly don't think that the bloodbath is over four hood uh. One thing that i thought was hilarious in their like investor packet: um.

Now that it's a loss dear robin hood, the opposite of green is not dark. Green typically, when you go like that, you make it red um, it's common in financial reports to have parentheses when it's negative, so that's not like abnormal, but usually when it's negative. You use red, not just a dark green, oh man. I don't know why that i just found that to be uh, particularly comical, that robin hood would do that, but hilarious nonetheless, and number five home depot names accompany veteran to become its next ceo, so right there, home depot home depot and lowe's actually recently have been Doing well, i've been reading some positive things about them, so maybe something you want to dive a little bit more into, but actually, as we've been speaking, the s p and the nasdaq both in the green.

So as we're getting closer and closer mark, it open - and it even looks like crypto's flirting around with going green as well uh as we get closer and closer look at that look at this little pop. We have in the spy the queues uh. Let's throw up the russell for a second, the russell, also going a little bit green there all right sweet! Well, let me give you the short interest on some stuff amc coming in just below 21 20.6 jamie coming in just over 18, almost 18.2, the spy now higher coming in at 21. This was recently a little bit lower, so the shorts betting against the overall market.

Clearly, increasing the nasdaq also increasing just a hair below 30 percent short interest and then let's talk about the russell has clearly increased to 41, so across the board, amc, gme and the major markets, the spy, the qs and iwm all having an increased short interest. All of them across the board increase increase, increase um wild wild wild wild. So now, let's take a look into some of these charts that we could pay attention to. So here's is my game plan.

Basically, if the spy breaks below 429 i'm for 422., if it holds above 432, then i'm looking for a test of 442, which is also gon na align, probably with the 200-day moving average i'll, probably watch 440, though as well 440 442, but clearly, my like the That point of breaking higher or breaking lower all centered around 432 when it comes to the qs, that's a similar sentiment, but the center point is around 340.. If it can stay above 340, it seems like 344 and a half has become really really important. Above that, i would say: okay, maybe we're going to bounce below it. I'd be worried about a breakdown below 340.

in terms of the russell, obviously looking forward to hold 190 pretty much we're at 191 right now, looking for it to hold this level, we'd love to see it test, 196, if it doesn't hold, i will then be looking In the region of 187, so that's for the spy, the qs and the russell. Let's take a quick peek at amc, so we know this is actually an important level 1450.. We're pretty much that open, i'm hoping that this holds um if 1450 does not hold. I would say the next major level of support would be just below 12 uh once again similar to the spy of the qs and the russell.

The rsi is extremely oversold, statistically. You do not stay this oversold for this long. So as this continues, it's just the odds of reversion become more and more likely. Speaking of gme uh would love for it to recapture 100, currently trading at 94., so watching that 100 level, and then we also have this close support.

The recent low at 86.. Let's take a quick peek at apple, just because it reported apple right now looks like it actually is trying to gap up above this recent high um so similar to yesterday. If it gets above 164 and if it can hold above 164, i believe that puts 167 and a half into play, but obviously, with this gap up, you always have that chance of a gap fill and that gap fill would be at 163.84. So about a dollar below where we are right now in terms of netflix, just because it's been a crazy mover lately a little bit a slight couple cents gap down, i'd be watching 409 and then from there you have a gap fill up potentially to 506..

I'm trying to think of some of the other major ones that people have been asking about, and we've been discussing right now. Bbig its technical setup does not look the strongest to me uh. In all reality, it looks like it might want to be coming down and testing somewhere between 250 260. Something in that i guess region uh, is what i would be watching on bbig, let's see with dwack dwack's been moving.

I believe there's some sort of political rally today you never know how that's going to react with something such as this um, i would say, there's obvious support at just below 65 would be looking for the breakout of 73.60 if it gets that breakout 100 watching 89. Once again, so those are some of the charts for market open. Let's see uh we have the spy of the qs. We could throw up amc we'll throw up gme just i know some people want to watch it at market open.

Let me drop to this. We have about five minutes all right, gme already super super light volume sees, it seems like it's going to be a light volume kind of a day, all right now, with all of that being said, feeling a little bit more comfortable with the day. Let me just see hang on. I just want to check one thing for all of you all right, so the spy 432 key level, the queues, i'm more so watching about two and a half dollars higher 344 and a half um.

That's what i'll be watching amc and jimmy? We can see it open, but recently we know that the the big market like influence right now is more of the likes of apple netflix, uh right now it seems like it's. These large caps, particularly more in the tech sector that are kind of running the day and the ones that seem to, and unfortunately, the running of the day more recently to the downside, but the ones that are kind of bucking. That trend are we're seeing some strength in some energy plays and some financials are you gon na root me into greg? I'm like a pirate again, what's going on brendan david happy nine months, man shout out shout out hood puts today. You know i i don't like hood, obviously, but it's also chasing like the the same way i wouldn't buy at a new all-time low.

I wouldn't place a bearish bet or i the way i wouldn't buy at a new all-time high. I don't know if i'd go place, a bearish bet at a new all-time low, like it's still chasing so, even though i don't like hood, i also don't perceive it to be a currently a good opportunity to bet against it. Obviously it might keep going down, but the risk reward paradigm is like not the most ideal right now, your risk is a bit far away because when you're going down, obviously your risk is going to be resistance to the upside and we're kind of far away, just Because it's falling off so much! What else do we have let these questions fire? Oh before that bell, goes ding ding, ding uh? If you could all help me out just hit that like button, let's get over the the thousand like mark right before uh the market? Really opens today, let's just get some good sentiment going it'd be much much appreciated, whether you're on rumble or youtube. I don't think you can actually like on twitch but hey as long as you're having good vibes over there on twitch.

That's all that really counts. All right, we are really seeing a nice push, really really seeing a nice push hang on. Why is this not loading i'm excited for today? Oh speaking of that, where is, is this loaded? I need to make sure my own account is loaded in case. I need to fire off some hot trades.

Things are actually really pushing into open all right. All right. All right, like i said the options portfolio, not the stock portfolio, the options portfolio is com currently completely flat, no position uh. Just so everyone knows.

Yesterday, uh we got fortunate. We were able to close out of some of those tesla puts locked it in which was the luckiest trade. I've had in quite a while, but hey. Sometimes it pays to be lucky thoughts on ryan, cohen, tweet.

I was unaware he tweeted. Let me check it out: ryan cohen, it's probably just another cryptic thing: why waste money on college when wikipedia is free and then he posted 69? Why would he do that uh? My thoughts are that that was silly for him to do. I'm very happy. I did not pull that up on stream.

Uh yeah go check out his twitter. If you want to it's, not necessarily the safest for work, because the price is gon na get flipped that doesn't make the most sense, though 39 or 25. I don't know if i want the price to get flipped if he's saying the market's gon na get flipped as in the recent action, i am all game for that really had to go. Looking for you on youtube today, uh is anyone else having issues like.

Did people not get notified? What's amc utilization, 75, 75.75, all right, wow we're actually seeing a decent amount of strength right into open right now, let's go: let's go. Let's go about 30 seconds left leave it all on the field. This is the final playing day of the week. I had that problem.

Hmm. Well, i don't know seems like this is just issues we always have with youtube. I do appreciate all of you who already dropped uh the like button. There that's awesome, the casino is open.

Let's see, let's see how this really wants to go today. Let's see, let's see, let's see uh for me with what i plan on doing today. Minimum of remember: what's happened over the past couple days right away. The initial jolt was to the downside.

Then there was like a one or two hour: recovery, a nice push to the upside and then from there it just sold off. That's the exact same pattern we've seen now for for all four days of this week or something like that, but whatever it was um, there was a lot of switcheroos throughout the market day. Previously it's been down then up and then it would sell off. For the remainder of the day, um, let's see how this actually all holds.

Let's see where the buyers are, of course, always feel free to comment. If there's like some crazy mover that you want to take a look at, if there's some crazy news, of course, let me know and we'll let everyone else know as quickly as we can and the spy right back to this level, yeah nuts, all right, let's see How this all actually goes all right, like i said the pattern for the past couple days: initial jolt down it bases it pushes for a couple hours and then at some point in midday, things turn and then it has been selling off for the remainder of the Day, that's been the pattern, i don't know if it's gon na repeat, i don't know anything about that, but i do know. That's how been things have been going down recently looks like amc actually successfully recaptured that 1450 mark a fan of that gme uh. Actually, up even more on a percentage basis, gme right here, uh, let's see if he can push to nine or 100 currently at 97 tesla all right tesla, getting a little bit of a push.

Tesla remember got demolished yesterday down over 10 percent. The spy and apple kind of given up some of them gains giving up some of them gains interesting. I uh. I wonder if it's appropriate, i don't like doing it this early, but i also kind of want to scale in like to start a position.

I'll wait. I'll wait a little bit more but uh. Recently i've been kind of going like all in and then scaling out. I kind of want to express a little bit more about scaling in and scaling out, but we'll be patient.

I mean what we're not even a full full three minutes into the day. Quite yet, quite yet, let's pull up the spy. Let's get these levels that we need to know about. 429 is gon na, be super important.

Actually, four man right here: 430! That's where it caught itself all day. Yesterday rut row rut: row things are looking a little weak, a little weak, a little weak. The next stop on tesla, i would say, is 800 if it keeps selling all right, so the spy, the overall market right now is at that level. 430.

This is it. Is it gon na bounce, or is it gon na break down and go like another dollar or two to the next major level of support watching watching, watching, i think typically, i probably would have already been like ben, but then just paying attention to how the market Has behaved over the past week, this is what we've been seeing is like the jolt goes down, then it bases and then we push. I just don't want to necessarily get whipsawed in that i'd. Very much prefer not to get whipsawed and all of that man.

Oh man you're not on rumble anymore. No, i there's people in rumble right now, watching it just have to go to the rumble channel, i'm on rumble youtube twitch same as always same as always all right. I know it's looking bad, but i don't know we've. This is just exactly what we've seen this is they've sold, then it bounces and who knows they could be switching up the pattern without a doubt: uh i'm not necessarily gon na chase.

I'm gon na wait, i'm gon na wait and i'm gon na wait. We got ta make this a good friday. We got ta make this a very good friday. Matt, i'm three round trips on td does pdt reset every monday.

I want to buy some options to swing. No, it resets five days after that. So if you do like one day trade today, it re that one trade you get it back in five days. If you did like two on monday, you get it back like the next, those two back on the next monday, it's like whenever you do it five days later, you get that day, trade back.

It doesn't reset at the start of every week, all right, and then here we are. Is this the exact bounce that we've been seeing uh amc battling at that support of 14.50, let's see if it can hold that the gme is at 95, but i think more importantly, is what in the world is going on in the overall market. In fact, it's far more important right now. This is looking weak this daily chart.

This is a weak setup unless the spy starts to like bounce now, which it totally could i'm not saying it's not going to i'm just saying the daily chart is looking pretty weak. Now for me and my bias on this day, a perfect scenario of how i would play this is if we get this bounce and it comes back up, maybe to 432, and then we see it kind of like a ball start to swing back over when we Swing back over when that arc starts to come back down uh, that's probably when i would enter a put position against the market. That's what i'm looking for um a little bit of a specific play, but that's how i would ideally like kind of weigh out the risk and reward uh man tesla you could have just played the 828 breakdown. You'd already probably be up quite a bit.

Is there going to be any buyers today, like whatsoever, looks like tesla's just going straight to 800. wow straight to 800? That's nuts huh! Well, that's a little bit of a missed opportunity. That's really pushing there! Hey! Can you look at xcla and give me your thoughts? My average is 70 cents, so we've been checking out xdla lately, i'm just not the biggest fan of it. I i just don't like penny stocks, it, it seems.

Like you chased it, i mean it came off of 40 and you got it at 70. So it was up at what that point. 75, so you got in at kind of a you were chasing this move. It was green, green gapped up and you bought it at a pretty high value.

I would assume you might get lucky if it gets back above 61, but if it breaks below 53. I would think that's reason for concern. Oh man wow all right. I just got into a position a quick little tesla put play expiration it's a day: trade jan 28th, uh 800 uh, i'm just looking for a quick tap of 800 on this.

I don't know what's going on, but tesla seems to be a little bit weaker. A little bit weaker, i'm just wondering that exact pattern that we've been seeing where it it bases, pushes midday, and then we come off for the remainder of the day. That could be a very real pattern, obviously can become a very real pattern, but let me upd update this all right uh. What do we have strike 12.

10.. All right, just putting all my info in there all right, here's the trade i did. Uh tesla play tesla put strike 800 expiration today, premium unpaid 1210 goals tesla at 800., easy peasy, lemon squeezies. That's what i'm looking for easy peasy lemon squeezies.

That is my goal. That's my goal: that's my goal right here. We will peel some off. Uh looks like buyers, at least at this point in the markets, the spy the queues were not found.

Let's see how it goes, let's see how it goes so, what's nice is on this one? They weren't really that expensive relative to how tesla can be so. I bought some more so i'll have the opportunity to like really scale on this one like if i want, i could actually like. I guess, like have five different scale outs on it. So maybe i'll do something like that, like maybe i'll take some off at like 805, maybe i'll take that'd be one 800, maybe the jolt below 800.

um yeah. Maybe we could focus on some like different scale out options, but really it's going to come down. The success of this in the very short term is going to come down to are the spy and the q's going to bounce right here? Will the q's get back above 340? Will the spy hold 429, which is this key level that we've been talking about 429? Let's pull up the like the two hour. You could just see look at the support, support, support, support, support, support, that's exactly where we're at and then from there.

If 429 428 doesn't hold we're watching 422. patience, patience, patience, calm, cool collected here we go here, we go here, we go here. We go the spy hanging on by the skin of its teeth. There we go.

There's that jolt, here's the jolt to 800. all right now, let's see if we could scale out create a closing. I have 10 of these all right. I put in one order that theoretically should get filled where at what price, i would say, having to do this quick math pretty much at 800.

My first order uh the spy, the qs just hit a new intraday low, all right tesla. What are you gon na? Do obviously, when it comes to tesla um 800 key key psychological level, there is a chance that it could all just bounce and rip from there for all all i know i mean who knows, it doesn't even technically have to hit it. There's no rules like that. So i'm going to be watching that very very closely just to see just to see just to see all right come on give me my fill on my first one um.

So once again, if you're just joining in, what's going on, i took some tesla puts because right now i refuse to sell my stock, so you have to hedge. Your overall portfolio make some money to keep your head above water. The way i chose to do that. I see weakness in the spy, looks like it's coming up to its key level of 428, which i will also be watching if buyers step in at 428.

This thing can bounce if buyers don't step in at 428. I am then going to be watching 421 422. Something like that. We see that the queues are breaking down right now, um, so we're seeing some weakness, but you don't know if it's gon na be sustained and i'm also kind of playing it.

I don't really have okay. I just got filled on two of my ten, so i scaled out, so i have eight left. I got into 10 at 12 10. I just sold 2 at 16..

2. 2 at 16., two at 16.. All right! Let's set up the next order, two at 21. All right threw that order in there all right had ten down to eight now trying to go down to six, and they should be oh.

They were almost filled bouncing right off of that support that we had. You know, oddly enough, with this all getting hammered, that much amc still holding on to 14, pretty well gme, still 92. dang so close to getting those other two filled right here, and i guess just for a little bit of reference, i'm a little bit more eager To get out now in the morning session, rather than the midday or the evening session, just because they expire today, if this was the same strike price the 800s, but they expired next week. I would probably let this go a bit more.

I would probably let it like do what it wants to do: um just because remember: theta, theta, theta theta, always working against you. All right buyers came in look at that 428. If this bounce is legitimate, i'm just gon na have to cut it all because, like i with theta and everything else being considered, if this pushes for the next hour or two uh, the position will be 100 completely ruined. So if this doesn't turn very very quickly back down - and we actually get that remember - the pattern we've seen all week morning - sell-off bounces into midday - midday sell-off um.

If this bounce is like a legitimate bounce, we're just gon na okay i'll, take my the little profit that i have i'll be happy with it and i'll just wait and wait and wait, but thus far looking a little bit suss looking a little bit sus. If you ask me, but once again, these are like, i guess my opinions, what what are all of yours right now like are you bearish on the market when i'm, when i say the mark, i'm thinking the spy, the cues, the russell? What are your thoughts on all this? Are you bullish? Are you bearish? Do you think i'm interpreting it wrong like this is 100? A two-way discussion like i would love to learn off of you. What are you guys seeing? What levels are you watching? What i say is not the end-all be-all. These are my opinions and, as you saw what happened with tesla yesterday, not not always the best opinions, not always the best bearish bearish bearish, very bearish uh.

Well, there's the impulse buy oop, there's some of these buyers. Stepping in all right is it gon na hold. This is the point where i need to make a decision here. Man i was so close to getting that other fill cause.

Then i would have been good on the the four of the ten would have been comfortable with half the position already locked in watch and watch and watch and watch and watch and watching all right apple, trying to get back above that 164 level. Msft uh below 300, now nflx uh down a percent on the day is iwm. Also getting this jolt, it is iwm trying to get above 190 right now, iwm trying to get above 190. uh.

What else do we have amc trying to hold 14 looks like that. Perfect uh bowl channel walk down. If you attach that trendline to the highs and lows of the day, it's like just that perfect downward channel gme trying to hold on to that support at 9170 how's our volatility. Looking volatility did push up.

Let's check out the uv xy instead taking a bit of a breather right now, though, but volatility not going below the support, at least yet the spy getting the right impulses when it needs it. So the cues yep yep yep yep - i'm just watching this very very closely. Is this legit or is it too legit to quit? What do we have going on? Uh? Oh, doesn't look like all right now. The question is: are we gon na make a higher low? Now everyone's lying in the sand they tried to push could potentially have formed a bull trap.

The question is: are we gon na breach the low if we breach the low? It was a brutal bull trap, look at volatility spiking right now, so the question is spy. 427. 888: the cues 338.08. Let's see if we can stay above that, that's a higher low, we might have the low for either the day or a short period of time.

Something like that. I don't know these are the levels to watch. Let's see, let's see, oh, we might be getting that higher low, interesting. It's like a movie.

It's like a drama playing out right in front of us. What are you going to do? Volatility's still picking up, though, volatility uv xy chilling above 19., all right there has to be some sort of leading indicator today, no apple kind of doing its own thing apple remember had very good, very good earnings. How are semiconductors doing nvidia, hitting its new intraday low amd, hitting its new intraday low micron, hitting its new intraday low wow pelosi has to be pissed. Pelosi has to be pissed.

Oh someone said amc breached it. Did it breach 14. That's not good uh. I mean we're just seeing so much red in the markets right now, look at the spy 428 88 if it goes below this, and if it's it's, if it's not like it's just a quick dip and then back up.

If it's not one of those scenarios, um i'd be watching 421 422 uh. There's some buyers where's our volume. Where is our volume? Oh amc and jimmy are painful to watch right now. Uh a line in the sand for gme 8630.

You could be paying attention to. Is there a way you can make money if the stock stays the same price, yeah selling premium selling calls selling puts if this price doesn't move. That's definitely yeah we're gon na get some higher lows in here tesla kind of deviating. Unfortunately, for me i thought it would be overreacting.

The way it did yesterday, but i guess yesterday was such an overreaction that some of these downside moves are actually being muted right now, which not the craziest thing, not the craziest thing. Oh, we double topped in volatility. Right here, right at 1920., one thing i do want to remind people about is i don't like making snap decisions on the movement on a one-minute chart just because it's simply not that much data um, it's i'll use it, especially when we're just opening up just because You get to see more, you get to see what's going on, but we've seen it how many times before, when there's like a minute bar, that's very green and then the very next minute bar undoes it or vice versa, a minute bar, that's very red, and then The very next one is super green and you end up not really going anywhere um, so i would never ever exclusively make decisions just on the one minute bar like okay, i'll look at the one minute i'll see. What's going on the 5, the 15 the daily, depending on what i'm doing or not doing, but i think the more time frames you're using the better, the better, the better, the better all right, the spy is flirting wants to flirt with the low 428s again volatility.

Picking up a bit, amc is at 13.78 uh jimmy's at 90. that gme level we called out. I keep forgetting that for whatever reason: 86. 86.

30.. Oh golly, golly golly things are looking a bit red. Things are looking a bit red apple's green. We have mastercard and visa are in the green, but we're seeing some gray and some red there's little green plays here and there, but uh we're seeing some red ones uh.

The question is: is it gon na get more red? Oh tesla shoot i'm being silly. This is some key support right here at tesla yeah. It's definitely someone is fighting. Look at this every time we come back to this level.

They are fighting as hard as they can, which you just never know, which way it's going to break you. You don't know you can you could play it either way, but the name of the game is you play it as close to the line as you can, because if you're right, you're maximizing your reward and if you're wrong, you have a very minimal risk, whether you Were to go longer to go short right here once again maximizing your reward and if you get it wrong, whether it breaks down or if it doesn't break down depending on what you would define as right or wrong. In this scenario, you're, taking on very, very minimal risk - that is always the name of the game. You're always taking ideal risk to reward setups, but it does have this vibe of like kind of the bouncing ball, where we're bouncing a little bit less each time.

The queues are about to crack the cues, just cracked, the cues, cracked, the cues, cracked, the cues cracked, the fourth feb4 feb, 4 feb, 4 feb 4.. All right, we got some qs we're playing with some qs, we'll see how this goes, we'll see how it goes. All right spy holding on cue holding on we're watching it we're watching we're watching if there's gon na be a point for a bounce, it pretty much needs to be here just on an intraday. I'm not saying that if we break below this, that means that oh man capitulation bear market massive selloff.

No, no! No! I'm not saying that. I'm just saying we're out of this tranche and we look at the next level of support to see how that plays out. In the spy, the next level of support would be 421. 422.

Let me show you where i'm watching right here. If this breaks we're watching this level, the next one, basically 422 we're just kind of watching this low. What was this low uh 421? So, like that's, why i'm saying 422 421? This is a heavy-looking chart, uh someone the other day had the great question. What does it mean when i'm saying it's a heavy looking turn i'm? It means it's showing some weakness.

It's just. I guess a weird way to show that it's having some weakness - oh, but we did bounce whoo sneaky sneaky sneaky. How oh this is a drama. This drama is getting intense, whoa.

Look at those buyers, someone's stepping up someone with some size is stepping up. Is this lagging behind i'm just trying to get to see if this is like a volume pump as well? It's like a movie. The question is: is how strong are they? How strong are they hey all right while we are waiting uh? Let's get some of these questions. Man tesla found that bid right at 800 right at 800..

All right, let's get to some of your questions, just why i don't know this. We just have to wait. We have to wait, we have to wait uh. What did i miss? I spent the morning watching tuesday wednesday's stream happy anniversary love.

You all check out the ape nft yeah. So it sounds like the nft. Is it's out there? It's live check out, kinky kong's twitter. It's pretty cool, i must admit, um check that out 100 um.

What did you miss well right now we saw some bearishness at the open and thus far we are finding support at the established support. The question is: is it going to hold? Personally, i took on a quick little day, trade for tesla, i locked in some of the position already and i'm about to cut the rest if it keeps freaking going this way, and then i got some a little bit more of a swing play on the cues. On on the swing play, i got cues for feb four a week out put 335 and they cost 6.86, so i played it pretty close to the money um, but - and i gave myself time that's i wanted to like make that more of a swing. I want to hold that position uh for multiple days.

What's amc's or text, it's 20, it hasn't changed much um amc is why we're here? It's why some of you are here and we check in on amc, but it's definitely not why all of you are here. A lot of you are trying to focus on okay. If amc is going down, what are some other ways you can make money. Everyone is heavy in amc.

That's here! That's not true! Ben. There are some people in here who don't have amc at all ben. You should stop speaking for other people literally on the internet, who you don't know at all would love to know amc or text yeah. The short interest is 20.

It's above 20.. It's actually pushing 21. uh. Do you think the new transparency rules will make a difference, especially as it relates to amc and jimmy? No not really because it's a um uh it's for private equity and the transparency of it is like it was being a little bit misstated, but like these daily reports would only happen if um there's like a gigantic investment loss, which i don't know if that would Have an impact on amc or gme, it would give us more information, but i don't know if it would have uh more of like an influence on price.

Unfortunately, someone asked about synthetics. This particular rule doesn't really seem to be too tied up in the world of synthetics. This is more of the cadence of reporting and what has to be in those reports, people saying amc folks, i don't know what you want to see here. It's just kind of painful: it's bouncing back a little bit but like, if you're an ape.

What's the point in watching it like you, don't need to see it day over day. That's what i don't get like if you're an ape you're, probably not actively trading it. So like what's the point like, can someone articulate to me like what the point of it is like this is just painful to watch. I have a lot of amc.

I i don't enjoy watching this, especially knowing that i'm just gon na like hold it um. This is a low level. There's there's no way around it. It's painful, but i know i'm not selling.

We don't need to watch the minute chart. Do you still hold amc yeah all right? What's going on the market down dancing around all right, we have jimmy in a similar situation, show my amc position it's already on public. Anyone can check it. I mean it's easy to like photoshop any picture, so it's probably better for you guys like for me whenever people post a picture that that stuff is so so easy to change um, you would want something in real time that you could check and you can check On public, hence why that's like even better uh, it doesn't say how many you own.

I mean. I could tell you that i have a four figure share account like, but why does it matter how many i hove like is there? Is there a certain amount that you're like oh okay, that's cool and then a certain amount that you're like wait? What like i'm telling you? I have a four figure share: amount of amc and a three figure share amount of uh gme, but once again like what does that matter at all the fact that the community cares? What like the creators and the leaders like they have like the amount? I will never ever ever ever understand that who cares? That's a very, very good question who does care alright? This is breaking out and now, with all this nonsensical discussion surrounding amc, i need to figure out what i'm doing on with tesla right now. Uh. I don't want to support someone that doesn't own any, but once again you can see that i have it.

It's such a tiring question, it's kind of an idiotic question at this point, if you're so silly to believe some random thing you saw on reddit or twitter or youtube. That's that's absurdly silly. You have to wonder, then, if you have the critical thought to be involved in the markets at all, i saw something on twitter. I saw something on reddit matt.

I know that you prove it day over day and there's literally a brokerage that shows what you're in, but i don't know, i saw a youtube video, it's bots, it's shills, it's bots, folks, don't trust them uh if you're an ape and you think matt showing the Amc chart on the screen is magically going to make the stock up. You need to adjust your thinking uh. What broker do you recommend solely for long-term retirement investments? I mean, i still think public's. Actually, like very, very good.

I like public, i think public is solid.