So so so so, hello, hello, hello, welcome to the final trading day of january 2022.. It is a beautiful monday. Well at least i hope it's a beautiful monday for you, but boy, oh boy, we are still in the middle of some high volatility. We had some interesting fed discussions over the past couple weeks.

This upcoming week, we're still in the middle of earning season, we'll be diving into that. Overall, the we're going to be looking at some charts because i think, there's some very, very important levels that i want to go over, and i also want to let you all know my personal thoughts on this market open when i'll be looking for not only today, But for the remainder of the week, we'll be taking a look at like a little bit of a heat map on both the overall market, we'll be taking a look at the crypto market, just to kind of see how everyone's really going to kick this week off. As we're getting into a whole new month of trading, we'll be looking at some seasonality, we'll be talking about some of these things that are going on in the world of politics. Uh geopolitic geopolitical conflicts we'll be taking a look at some sports stuff.

So we have a lot of little things to go over before that market goes ding, ding ding today and with all that being said, let's hop right into it all right, all right all right. Why is that not up? Oh there, it is just took a second to load. So just you know, we closed out last week very, very strong. Here's, the heat map of the s, p, 500 uh you're, seeing a lot of green.

This is how we closed out on friday, and it makes sense right here. We had a very, very strong push into close right here. We sold off in the morning pushed had the sell-off. I thought this was going to get bad, but it actually pulled a quick little u-turn and just pushed to a very, very nice um test of the 200-day moving average, which is at 442..

So if we take a look at the daily, what is this one? Two three four five days of it: 200-day moving average one, two, three, four five: this is obviously the lined in the sand. It doesn't get more evident and obvious than this 200-day moving average every single trading day. Last week we hit it, we hit it, we hit it, we hit it rejection, rejection, rejection, that is the line in the sand if we get above it closed above it, especially a nice volume, good chance, we get pushing higher i'd, be watching probably 455, as my First level, but if we get rejected - and i do think, there's going to be an early morning test right now - the overall stock market uh 440 - i'm talking about the spy, i'm looking for that test of 442.. I think there'll be a quick test this morning.

If we get above it, that could be very bullish. I just want to let you know. I am leaning slightly bearish um, just a little bit of what we have going on and from a seasonality perspective, but i'm also not just going to be like holding on to that concept. If we break above and hold above, that's awesome if we go up and get clearly rejected well, once again, i'm looking for a test of 430..

This is the obvious support. This is the obvious resistance. That's what i'm watching in the overall market you can tell. This is consolidating for some sort of large move, most likely in the next week or two.

Obviously the golden question is, or i should say the golden answer is: is it going to explode to the upside? Is it going to explode to the downside? I think our answer clearly will come down to what happens with the 200-day moving average we're going to get into more detail about that, we'll look at the queues, the russell just trying to get everyone set up. You take a quick look at the crypto market. Right now, over the past 24 hours, we are seeing some red recently chain. Link has been doing well, so shout out, if you're involved in chain link at all we'll be getting into more of this.

Obviously, in the crypto stream at 2 pm, don't miss it, be there or be square so before we get into the update of the days specifically, i do want to remind you since we're at the end of the month, the start of a new month. This is where we are seasonally on the s. P 500. um going into the end of january, is typically bearish and then the start.

The first third of feb, i would say the first week and a half - is choppy. We have a little bit of bullishness a little bit of bearishness, but overall it is choppy and then, when you get through that first third, well, then you have a nice bullish. Seasonality, push that's for the s p 500, but it does seem like currently. Tech is leading the way and actually, this morning text the one that's in the green.

You can actually see here, though, that pretty much for the entire month of february, based on 13 years worth of data, not the biggest data set, but still enough that maybe we can glean an inkling of what might or might not go on february is kind of A weak month for the nasdaq 100 - and we know right now, just because there's so many important large tech stocks, they do seem to drive the s p 500. So this is still why i'm saying coming out of the gate into february. That's why i'm leaning slightly bearish. I also think that the fed is more hawkish than really people are giving them credit, for, i think they're as hawkish as they can be without coming out on the stage and saying we are absurdly hawkish like get ready.

We're going to have this pretty intense quantitative tightening, obviously they don't want to crash the market, so i think between like uh people's perception of like the tone of what's being said and the headlines of these articles, i think they're actually kind of understanding how hawkish our Fed is so, and we do get some notes, i believe, on february 15th, so that about halfway through the month, we'll get another like little mini, fed update right there. But overall, i just want to show you this seasonality. We can cover it in more detail when we kick off the new month of trading, but to kick off today of trading the dow and the s p slightly red down point four down point: two: the futures market, the nasdaq up 0.2 uh, usually recently at least The queues have been kind of leaning things to the downside, so today a little bit of a switch up. It's actually the futures, that's green oil is currently up.

I do believe oil will continue higher and higher for this year feel free to market, but i think there's a very high chance that oil will at some point this calendar year exceed a hundred dollars a barrel currently trading at 87.50 and then yields coming down a Little bit early this morning, they are around 1.8 and we're dropping under that right. Now, all right, more specifically, for today, the five things to know before the stock market opens wall street looks lower on final day of dismal january trading. Um, just so you know over the past month, the s p 500 is down 7.44 um. This is one of in the past five years.

This is the first red january unless something insane happens today, um just so, you know in terms of the s p 500. This isn't obviously all stocks. This is 500 kind of like well-known, larger caliber stocks. Moderna is actually current, the currently the worst performing one and that's actually kind of representative of the fact that kind of biotech that industry.

This is the worst start for that industry. Ever since 2016 - just so, you know um overall, since we've already gone over the spy. Let's take a quick look at the queues very similar setup, uh to the s p 500. I did switch over this one, not testing its 200-day.

Overall, we had five days of kind of just a very volatile job of going absolutely nowhere. We have a couple dollar gap up, i'd be looking for this breakout at 357 and then from there. I would be looking for the test of 366. if it gets rejected at either of those once again, i'm paying attention to 340.

and in terms of the russell. This is the small cap sector right now. It's obviously been underperforming thus far in the month we're down 12, while the queues are down also 12., so the spy doing the best and then the q's in the russell, having a little bit more of an extreme selloff for the first trading month of the year. But overall, if this gets going, i mean it's down a little bit.

I'm looking at some of the bullish divergence in the chart. The charts come lower. The rsi is actually higher, so some momentum, some buying momentum, some buying aggression, is finally stepping in i'd, be looking at this support of 190, seeing if it can hold currently trading at 194.. Big tech automakers lead major companies, reporting earnings this week uh.

So there weren't too many major ones today, tomorrow we have exxon mobil, so especially if you're paying attention to the energy sector. After close tomorrow we have amd paypal and google uh gm starbucks. Those are all pretty well-known names. Microstrategy definitely pay attention to that, especially if you're paying attention to crypto.

We know microstrategy one of the largest owners of bitcoin on wednesday. We have some more oil right here - energy sector marathon. Then after close, we have facebook, qualcomm spotify, we'll talk a little bit about spotify and what's going on there, and then we have amazon activision blizzard. We might get a little bit more of an update of.

What's going on with them and microsoft, uh snapchat new unity, i like unity as a metaverse play. We have shell, another oil play, so these are all ones if you want to take a quick like screenshot right now, uh. These are some of the major ones to pay attention to ford uh. Definitely some important one.

So once again, we are just continuing in our earnings season. It really picked up two weeks ago. Last week it was like full steam once again this week, as you can tell obviously full steam ahead. White house says: unicorn spread may impact friday's job report.

Um. Yes: yes, yes, yes, obviously it could, because, if there's a lot of people right now, obviously when people are out of work, that's clearly going to have an impact on the jobs report. Now this whole scenario - i guess maybe for lack of a better word - is getting more complicated and which is odd to say because it's already been come an incredibly complicated mess and, as you can see, this ties up right away with the next one spotify. Now i personally don't like discussing this stuff, and i think everyone should be a well-informed citizen.

Everyone should pay attention to what's going on the political front, i'm in no way saying that you shouldn't pay attention to politics, but it's one of those things that no matter what i say 50 of you are not going to agree with me. The other 50 percent of you will agree with me. That's the division that we currently have going on in the us and most likely a good part of the remaining world, but with it there are certain things that i have to cover, even though they're very political. In nature, they clearly can have an impact on the overall market.

So basically, this is a big thing of me, saying: hey whatever your political thoughts are. I agree with you a hundred percent, whatever you think, you're completely right, but there are certain things we have to go over because they clearly have an impact on the market. So let's kind of work this one backwards a little bit. If you look at spotify um, it's been a little bit crazy, lately a little bit more of a stronger sell-off than we're seeing in the nasdaq the overall market in the past month.

It's down 25 in the past week, it's down 11. A lot of this was, i don't know in a certain sense. Yes, it was because there was a sell-off in the nasdaq, but on top of it they are now in the middle of uh a tough moment for them, as a business spotify faces its facebook moment. As musicians boycott platform over joe rogan podcast um, there are the main musician who's like basically gave spotify an ultimatum was neil young and basically spotify ended up siding with joe rogan, and then it was either early.

This morning, or late last night, joe rogan put out an instagram story where he was talking about all this and he kind of had like um, somewhat of an apology to spotify for putting them through this and he kind of just doubled down on the fact that Hey he's just a guy who asks questions and he'll do his best to use his platform to get kind of like a balanced approach and some people really like that and they're like yeah. Okay, we like a guy who's, not controlled by mainstream media, and then you have another group who are basically accusing joe rogan of like exclusively using his platform to like spread the misinformation that is commonly espoused by like white nationalists. It's that's a very extreme difference. Uh for me, if i'm gon na be honest with all of you, i have a lot of respect for joe rogan.

He is somehow a guy who made the break through the barrier and like big tech and mainstream media, never caught him, and he became a gigantic whale joe rogan. His numbers exceed everyone else's he's, not just like. Oh some guy, that runs a podcast, i'm like nate. If you name a mainstream media show joe rogan's numbers door, fit he's very, very important, and i have quite a bit of respect for the fact that he tries to bring on these balanced viewpoints because, as he said in his apology, video there are people who got De-Platformed and they were the victim of cancel culture for saying an idea, and that idea months ago got them canceled, and now it's a commonly held idea that even mainstream media is currently saying.

This is a weird world we're in where the mob mentality can come from. You big tech can come from you, uh come for you all these things it it's an interesting. It's a very interesting time, and i i guess i'm very happy that there's some people with very large platforms who refuse to bend the knee. I think it's very very important that we don't want to run by like this mob mentality.

This crowd control type of a thing with it. Does it get things wrong? Of course he gets things wrong, but he also gets things right. That's called being human uh right now, you can see after this is all playing out. Spotify is gapping up in the pre-market uh, currently up almost six percent.

So your opinions, aside of if joe rogan, is right or wrong. It's more so this might become a very unique money-making opportunity. Um, your risk could be like 175 and your potential reward. If you want to play the gap, bill could be 207, so just wanted to bring that all to your attention, like, i said the opinions of it aside, it has now created potentially a very interesting training opportunity, but with this obviously it's just not him.

We have some crazy things going on uh to my neighbors up north justin, trudeau has moved to a secret location at thousands, as thousands in canada protests, the rhona vaccine mandates for truckers and other restrictions um. Once again, this isn't the same vein of thought. Other craziness going on hey, i am all for people using their freedom of speech, but remember, please, be safe. Remember, you're, representing yourself, you're representing your family.

Don't do something that you're gon na regret, i'm all for it. A peaceful protest, hey love, freedom of speech. I think it's one of the best parts about being an american. I know we're talking about something in canada.

Overall, i respect people for sharing their opinions, but i hope it's done peacefully and once again, a final reminder: you're representing you, you're, representing your family you're, representing most likely a business of a sort uh. So keep that in mind in this day and age with the internet. When something happens, when someone says something it's never ever going to disappear, t-mobile to terminate corporate employees who aren't vaccinated by april uh. So this is a memo that came out obviously now t-mobile under quite a bit of heat because of this.

So once again, these are all in the same vein of thought. I just want to get them all out there and like one really rough band-aid. Rip may be worthwhile to pay attention to the t-mobile stock. This obviously can have large implications which could lead to large volatile swings all right.

We went over all that if you want to watch the joe rogan video that he talked about spotify and the whole deal check that out uh biden to meet guitar leader as europe energy crisis looms. Once again, i think energy will be going higher. I do the sector will be going higher. I do believe that oil good good statistical chance of it exceeding a hundred dollars a barrel, maybe even higher.

I see some analysts calling out for 120 125 that that's high, but definitely possible. You can't really talk about this stuff without talking about the other things that relate to energy and geopolitical conflict that we currently see. I just thought this was interesting: u.s senate panel, close to approving mother of all sanctions against russia. So right now, if you haven't been paying attention to it.

Yes, there is a brewing geopolitical conflict between russia and the ukraine, which will involve us and most likely involve china. What the u.s senate is currently saying is that hey if russia does invade the ukraine right now, they are going to basically through the russia's sovereign debt and also their banks. They are going to impose the mother of all sanctions with essentially the goal being crippling the russian economy. That's all stuff that you need to pay attention to uh, particularly yeah.

There's going to be some stocks. I would argue that maybe you want to look a little bit more into the lot like the likes of lockheed martin boeing. You could also look into some cyber security stocks, but more than that, i think there's going to be a big implication on oil, which will have a big implication on the pen. There there's a lot of things we need to pay attention to.

I don't want to get into it too much right now as it. Hopefully, this doesn't develop in a negative way at all. Hopefully it's one of these things that, like everyone, calms down and we don't have to cover it, but if it is something necessary for us to cover i'll, happily do it now before we get into the breakdown of individual stocks, there's just some things. I wanted to share with you just so.

You know uh nadal rallies to win the australian open claims, men's record 21st grand slam. This was a pretty wild match. It lasted five and a half hours so shout out to nadal uh. Definitely a goat in terms of another goat tom brady is retiring from football after 22, extraordinary seasons, multiple sources, tell jeff darlington and me now.

Actually tom brady and his father have saying no. This actually isn't approved and when it is like when this is 100 confirmed, you'll hear it from us, so the brady camp kind of hitting back a little bit, including the buccaneers coach. But overall i think society and sports fans have accepted that tom brady is retiring. Football just so you know if you want to stay a little bit in tune with it.

The upcoming super bowl, i believe, super bowl. What's it 56 will officially be the bengals and the rams, but i just thought this was wild because of what happened yesterday. The greatest bet of all time has been confirmed. This was a 29 thousand to one long, shot, bet a correct score, parlay and and has been hit and has been paid.

So someone placed the 20 site credit and made over half a million dollars. They bet exactly on the score of the bengals, the chiefs, the rams and the 49ers all going down yesterday, and they won over half a million dollars with the 20 site, credit 29 000 to one long shot. Whoever this is seriously. That is an amazing amount of luck.

That's an amazing amount of - i guess skill to do that crazy, crazy stuff, so shout out there, and also since we're just talking about sports, high collaborative athletes and all that don't forget that the olympics start this friday february 4th the beijing 2022 olympics do get underway. Uh this friday, the opening ceremony and all of that. So if you're a fan of cheering on your home country, um, hey you're, going to be busy starting this weekend and then also what we also have obviously the weekend after that, the super bowl. So a lot of sporting things going on just wanted to share that with all of you we're going to come back to this uh.

Don't forget! If you haven't already sign up for public, it's pinned to the top of chat, no payment for order flow very transparent. Not only is it free but you'll get up to 70 dollars of free stock when you sign up and the kicker to that, like i said, no payment for order flow, no market makers, 75 percent of your trades - are going to a lit exchange, but you can Also see what i'm in public.com slash mac cores sign up for it. You're gon na get some money um. There are no options trading just so you know this is just for stock.

So if you're an options trader, you might want to be looking at a different brokerage, but if you're just curious what i'm in and then you'll get notifications, if i were to sell something like my amc or gme or prog or corsair, that's kind of how public's Built out it's a kind of a social media-esque trading brokerage all right now, let's get into some of the details. So for the overall market, current short interest is 21 slowly but surely going up. The nasdaq is at 30 and the russell is at 41 short interest. The overall small cap sector is be is being shorted at a rate of 41.

Yes, this is, of course, with this community. I understand where things came from and we could look at amc sky high at 21, gme pretty high at 18., but we might be looking down the barrel of an overall small cap, particularly small cap, but really a potentially an overall market squeeze 41 in the russell 2000, 30 in the nasdaq 100 21 in the s p, 500.. Folks, once again, do you understand how insane it is that the spy, the qs and the russell are all being shorted more than highly shorted stocks of amc and jimmy? These are all highly shorted and the fact that we have this one coming in at 41, that is nuts that is so insanely ridiculous, if that, if they get to play right and the rug from the market gets pulled, these people are going to make a lot Of money, if they get the call wrong and there's a strong bounce back and all these shorts have to start covering, we can see the market really really push higher. This is uh, like i said it's an exciting time.

It's a volatile time. I wish i could tell you how this is all going to play out. Not only am i not a financial advisor, i'm not clairvoyant, i can't tell the future. Sometimes i get my like tingly spidey senses going on, but 50 of the time.

They're, probably wrong, but anyway, this is brewing for a situation that if all of these shorts are wrong, we could see a huge push to the upside. So we went over the levels with the spy, the q's and the russell. Let's pull up amc very quickly. Currently, training at 15.

Remember. We have major support at 14.50. Also, remember that the rsi is extremely oversold this, even if it weren't amc. If you just look at the rsi across like the entire equities market cryptos market futures market, when things are this beat up, there is a natural statistical edge for reversion type plates referred to, as a mean reversion trade.

It's a fade overall. This has been extremely beat up for this entire calendar year over the past month. Amc is currently down 46. That is very, very extreme.

It's so extreme that think of it like a rubber band. There is that statistical edge for it reverting to some form of normality. Let's take a look at gme, similar situation down 36 on the month we have the support at 86.. Rsi beat up, we do have some bullish divergence, so would love to see this once again similar to amc revert to some level of, like i said normality, it's a mean reversion setup um very quickly, just want to like show you what's going on with crypto right Now kind of with the overall market, some buyers stepping in we saw recently that there's been an inflow to the tune of like a couple trillion from etf.

So these large people who operate when i say large, i mean a lot of assets under management that are operating etfs, not only throughout crypto, but throughout the overall market uh. They do seem to be buying this dip. Does that mean that they're right, i don't know we're gon na find out uh time like hindsight, bias is 2020, but i did want to let you know about that. Little bit of a factoid, also speaking of cool factoids for the day, thus far this earnings season, because we are in the middle of a pretty interesting and volatile earnings season, 77 of companies have beat on their earnings expectations.

That's crazy! Three out of four better than three out of four companies have beat on their earnings. That is nuts well wanted to share that with you, because we're obviously still going. We have some big ones. Facebook, amazon, google, all important names to pay attention to throughout this week.

We'll have clear implications on the nasdaq 100, and some of them will obviously have implications also on the s p, 500 and then there's a particular group i'll be watching for the oil sector, seeing what's going on with energy. But those are all things you need to pay attention to, because, obviously right now we are in a market regime where this overall market is leading the party, the spy, the cues and the russell are leading the party, and i think, one of these days those will Calm down and then we're going to have individual companies that, like okay, that's where the money's to be made, but right now, even if you're a die, hard aim, cng supporter, which shout out to you, i'm still in my amc, i'm still in my gme. You can check it on public yeah when you're getting beat up like this. You have to look for alternative ways to keep your portfolio above water or, ideally, even making more money.

That's exactly why we have to dive into other things going in on the market. There's other stocks that are moving, there's other opportunity to think that there's a singular opportunity in the overall market and you should only myopically be following one thing. I would staunchly argue that that is really an erroneous idea. You should be following a basket that you particularly care about and really paying attention to, the overall macro economic impacts of what's going on, because, obviously, obviously, obviously, obviously they are extremely important, especially in a time just like now.

Uh, i want to quickly talk about tesla. Just so you know, i still have my tesla puts from last week. Still, holding on to some tesla puts that uh, obviously, with this gap up not looking like the best situation for me, i just wanted to bring to your attention this, like trend line that we've had ever since march of 2020. This bottom trend right here this white line - i didn't realize that last week we actually broke below it so today i will be watching to see if we get back above it, because if we do okay, maybe a realistic shot of us returning to 9 20, maybe Even 980, but if this gap up doesn't hold remember now that we are gapping up, there's a very good shot that we're going to gap fill which is 857 but from there.

If we close below this trend line in the very short term, i'll be bearish on tesla, but i'm still going to hold my tesla shares in my long-term portfolio and then i think things could get even more insane if we break below this bottom trend line. Right here last week, we had apple report actually did very, very well trading at 170 right now. The nasdaq looking strong and open so could be a pretty nice day on apple uh. Let's check out some of these other ones, nvidia a little gap up there nvidia right now, very much.

Looking like the s p 500 amd is reporting this week a little bit of a gap up. There would love to see a gap fill on amd to 118. Ideally sooner rather than later, let me clean up the amd chart just a bit all right. We have that one um, i'm trying to think of some of the other major ones.

We know facebook is going to be reporting this week currently trading at 300.. Let's see if it can hold that going into earnings, which is on wednesday or thursday of this week, um, okay, those are some of the major ones. It's just like right now we're actually seeing some nice green in tech, uh, so kind of probably worthwhile to pay attention to. But overall i want to articulate this one more time before the market goes ding, ding ding.

I think the s p 500 will do its best to test this s. The 200-day simple moving average, which is roughly, i don't know, 442.. I think there will be an impulse early in the market day to 442 and then that's when we're gon na get more clarification on the rim trend for the remainder of the day. If it gets rejected there and if it gets rejected hard, we might be having a bearish day if it comes up to 442 dances around a bit and then actually breaks above and buyers step up.

Well, okay, especially if we're seeing some volume. That might be a very nice bullish day. So for me, the trend on the day like i said, because the seasonality i am leaning slightly bearish, but i'm willing to throw that concept to the wayside, depending on the s p. 500's reaction to 442, roughly a dollar above where it is right now all right.

So that's your setup for the day, hoping everyone's feeling a little bit comfortable, uh hoping everyone had an amazing weekend and is ready for a fun filled trading week. All right. Let's get all this ready, i do want to see some of this stuff out of the gate. With all that being said, we have a couple minutes left.

I want to turn it over to you for any quick uh morning, questions how many stocks are still trading way above evaluation. In your opinion, including spotify. In my opinion, we will drop another 10 this week, um it. I guess it depends on the sector you're in.

I actually think energy and financials are currently being undervalued and depending on growth, like um a lot of times when people talk about growth, they're talking about tech, there's some very well respected analysts who actually think that, like texts, gon na, be still pretty green this year, Just based on their growth numbers um, i i know the expectations for tech are absurdly high right now, but these major players - apple, microsoft, um, tesla, they're, all growing at a ridiculous rate like just quarter over quarter. If you dive into their fundamentals, um they're all beating their estimations by billions of dollars in revenue, their percentage growth quarter recorder - very, very impressive, so it i think for your question, which is a great question. You really have to dive into the specifics of the company that you're talking about, and i don't know if i can throw out like a general statement. Oh shout out, hey man, i just want to say thanks for everything you do.

I've learned a ton from you over the last year. I think the fact that some of the community has turned against you is total bs. You do you hey and that's fine and like it's. This is the type of stuff that i i get it uh.

Most of you watching right now, you, like you, don't even want to talk about this stuff. You care about the markets, so i'm gon na be focused on that. I'm focused on the moon game. Is there overlap ding any ding, ding ding, the casino is open.

Is there overlap with the moon gang and the apes of course, but then is there some people in the moon gang who don't really identify as an ape? That's that's it. My goal is to make people better and develop their skill set with the market. I'm i'm working obviously to develop this stock market, show developing a crypto show, and then we also have like that tutorial thing. At the end of the day, this is all the type of stuff that i'm interested in because hey.

This is the kind of thing that i wish i had when i started trading, and i just want to give it out for free to all of you and of course i am never ever ever for the remainder of my career in one way or another i'll, Be fighting for market transparency and i'll be doing that and that's kind of what that afternoon show is for is like keeping everyone up to date of what's going on, but i appreciate those kind words. I appreciate everyone's support, who's ride or die with me every single day we have thousands and thousands of people tuning in and it's crazy. This a year ago, was really when my live streaming finally gained some traction and if you told me a year ago that, even after getting a little bit beat up on social media, we're still carrying like in excess of across all the platforms commonly. I don't know seven and a half thousand viewers.

That is ridiculous. That is so so insane uh, i'm so internally. Grateful and i hope you find some value in the way of education in the way of entertainment or just hey a way to not listen to your typical radio station when you're driving to work in the morning, or maybe i'm getting you up early on the west Coast, but thank you, thank you. Thank you.

Let's get into it another week, ooh someone said amc is going. I like that. I like that amc is going all right, so bouncing strong off of 15 we're watching that 1625 level. Uh.

We see the spy and the qs. I really thought we were going to get a test of 442 when we might, but it looks like all they could muster this morning was 441.44. What do i think about trey buying a 100k worth of amc uh? I? I didn't know he bought 100k worth of amc. Like is this something that happened recently uh, i i guess, unless i'm assuming you're talking about like something occurring recently, i was unaware that happened, but hey good for him.

I guess, like i mean i don't know like it's always weird for me because, like when i haven't seen a video or confirmed it so like, let's just assume that this is true and i'll kind of go off of that. And if it's not true, i'm sorry um but good for him, i mean it sounds like he's buying on the dip, and i mean good for him. I wish i had an extra hundred thousand dollars laying around, but i think that that's good, i don't know really yeah he put a video out. I guess i think that's awesome that he's buying in on the dip.

I hope he did it on a brokerage. That's not payment for order flow, and for him i mean we know he has. I mean i think he should have even more ammo left because didn't he on the cnbc article or interview say that he locked in a million um so has. Is this like the series of multiple buys, or is this just one buy like uh? I guess i'm a little bit out of like tune.

Does anyone know if it was like a singular buy, or is it like the series of multiple just he did on friday? He put it on a video. Was this a live stream or was it a vod? One buy okay, so it was a singular, buy cool. That's awesome, good for him. I i hope he makes a shitload of money, many worlds, tokenomics uh.

I don't know about many worlds: tokenomics off the top of my head: alright, very quickly, still watching this 442 video 440 we're getting there roughly in this region. This is the exact test that i'm looking for this top line. Cues having a nice push tesla having, unfortunately, for me a very nice push since i still have uh some of those puts what happens if a company goes private, um, basically you're going to have to be bought out at whatever per share. Whatever the deal is, i mean there are like this is the thing that's happened like if you think something's going to go private or i don't know it could be acquired it.

It's actually kind of a similar scenario to an acquisition play. Um sometimes i mean there are various ways it could play out uh, but most of the time you're just gon na get a particular fill per share like a certain dollar value. Most of the time, you're gon na end up making money all right. Here's the test of 442.: this is exactly what i'm watching we're calling out the test of 442.

It is the 200-day moving average, let's see if it breaks above and holds, or is it just going to get rejected? This is my key watch for the morning session. Right now or really, however, long this decides to play out is what's going to happen at the 200-day moving average uh, and remember this. This doesn't count as a breakout to go above it by sending it doesn't count as a rejection for right away. You have to give it a little bit of room to breathe, pay attention to the volume.

Is it the volume going lower or is the rejection, slash breakout being accepted? What else do we have watch this? This is important amc trying to get a little bit of a bid. The queues are looking good how's jimmy coming out of the gate, g and me whoa, coming back to that 105 level, wow gme, actually up the most holy wow gme up 6.6 percent. This is the one i guess to be watching this morning. Look at that 7 7.5 gme, really really climbing wow uh amc is having a good day.

It's up. 2.3 prague's up three lucid's up 2.8 rivien's up two tesla's up four bbig's up five, but gme at least thus far in this morning. Push really looking good. No beef people thick just thickness.

Wait who has beef brendan? Are people fighting in chat? Is someone fighting hey? Don't fight in chat, wow, ryan, cohen, tweeted twice or something but ryan cohen, tweeted twice. Let me see what ryan cohen's up to ryan cohen. Anyone going to the movies uh, i'm not seeing any new tweets from him. You and trey be i'm beefing with trey.

It's always interesting to find out that you're in a fight with someone that you didn't even know, you were in a fight with what, unless i miss more videos, wait. Was there like a beef video, i feel like i'm even more confused than i was before all right, we're at this 442 level. Once again, we came up, got hit a little bit now we're dancing at that level. It's all.

This is my main watch right here. Right here pay attention to the spy watch 442. It's tested it one two three four times, don't sleep, i'm b b, i g shout out wall street viking bbig bbig. It is swinging back around.

We have kind of a double bottom scenario: um. If this is that 308, which is the level i have i mean if it gets pushing, i think the next stop in a quick manner would be 350. man, the spy doing everything it can for this 200-day moving average everything it can. I guess it's actually today.

It's technically 442.50, if we want to get like specific, i know i have it marked at 442. uh, it's just if we want to get like super technical, i'm just trying to zoom in here for a second, it's more 440. 250. 440.

260.. But i would count this as basically close enough like this is now officially testing. Tesla is blasting. Yeah, don't remind me of it.

My puts are hemorrhaging money, but hey. If you have calls seriously shout out congrats, i'm happy that you're making a lot of money, although matt and i are forever thickening um hey there was this other one. That's probably interesting to just take a sneak peek look at kscp, so this ipo'd - we were talking about this on ttg last night, mike brought it up. I was unaware of it.

Awful ipo ipos at whatever 14 closes out at six shoots up. The very next day has obvious support between 13 and 15 um this morning. What if it's going to break 22? But recent ipo? I don't like to trade ipos, but i know some people are looking for more higher volatility, setups once again, kscp knight scope. I believe mike had mentioned that they are like they create like little robot things but uh new ipo, so good chance of volatility there.

What else? So we have workhorse prog house problem. 4.8 percent. Four point: eight: what else do we have uh? Let's throw a prague like to see some gains being made back in prague. I still have that still think it's undervalued, but it's gon na be probably a longer term play for me, bbig watching it at 305.

It seems like that break at three will be setting up an interesting push all the way up to 350. how's dewack. Looking d wack look for that to get above 71.50 how's its volume very low volume this morning for dewac tesla's, ripping my face off right now. Horrifically ripping my face off um looks like amc's.

Coming back down to 15., oh nightscope got halted, uh just got unhalted, so it must have been halted and like literally ezra, and now it just got halted again. So it was halted. Unhalted pushed from 22 to 24. Now unhalted so, like i said some crazy movement in kscp recent ipo third day of trading third calendar day of trading, not even its third full day.

I challenge you, sir, to thickness at dawn. You have sullied my maiden's honor and now i must root your super secret girlfriend north korea, susan against a stump by a lake. As the sun comes up brendan, i hope you're having a great day. It sounds like you are.

I got 147 disney calls 211. What do you think disney how's disney looking 142., i actually really like it. Um i'd be looking for this test of like 141 at first, but with disney an important thing to pay attention to is yes, i like this. I actually really like this.

Like gap fill opportunity all the way up to 147, that's something that would interest me a lot, but disney will have a tough time going higher if the spy doesn't, but if the spy does break above the 200 moving average, i would actually feel confident about 147.. So when you're paying attention to disney, oh look at that nice pop in amc. Pay attention to this spy breaks the 200-day moving average you're. I would argue in a very, very good position if it gets rejected it you're going to be going into some headwinds.

Why halted in layman's terms, um? There are various reasons for a stock to halt the most common one is referred to as a volatility hull, so if it moves x percentage a certain predefined percentage in too quick of a time frame, then that prompts a halt. This percentage is to the upside or the downside, the upside and the downside are no different. I believe, if it's, if it goes ten percent within five minutes, i think but you're going to want to google check that one, but once again doesn't matter if it's positive or negative, it's more of a percentage move and too quickly of a time. Then it gets halted and the more it gets halted it kind of like it can increase the time that it is halted um, but that's one of the main ones check many worlds tokens, so you can give info many worlds.

Token. Many worlds token, all right, i'm getting everyone's like cheering on tesla against the way i'm betting on it. Hey. I don't blame you.

I am personally getting decimated and i question how much pain can i handle? How much pain can i handle on this trade uh? The issue right now is, if i were to close tesla i'd, be below the pattern day: trading of 25 000 and because i've been actively trading. That means i'll retroactively get hit with a pattern day: trading violation which would prompt a margin call ah shucks d, whack whoa, all right the spy it tried. It tried actually first attempt, let's zoom in right here, you could see the wick came right up to this 200-day moving average, so attempt one it stands in there and it's holding thus far. It was not a clear hardcore rejection, but still something to watch.

How are the cues reacting to the strength kind of a similar scenario? There was that push-up, but we're at that level and we might be seeing a breakout, we might be seeing a rejection. This should be the watch right now because i think it's going to be setting up like i said what the remainder of the day is going to look like. Are we having a bullish day? Are we having a bearish day? What is the setup? 4. 40.

250.. We hit it smack dab, that's the high of the day. 440. 250.

um. I would consider it a rejection if we go below 440 150 and then definitely if we go below 440., if we make a new intraday low, i would say that this test was a clear rejection, but i would be kind of saying that if we go below 441.50, this recent relative low uh i'm holding a bag on atr at 450 uh keep buying a drop my average neta i mean, if typically just so, you know if you're holding it back. You typically don't want to be buying more unless you're, like still confident in like what is or isn't going on, um ater for me is something i wouldn't be buying right now, just because i see no other buyers stepping in i just see it getting like ever Since what september all it's made is lower highs and lower lows, this is a very bearish trend. It is at support so i'll give you that this low from august - it's right there right now, um so in terms of risk reward, not the worst setup, because you could just be risking a breakdown from the current level, which would be not much additional.

I guess money, you said you got in at 450. You know it's real, like it's not like. You got in at some absurdly high value, uh and you're playing off some bullish divergence. The stock went lower, but the rsi roughly the same.

You might get some sort of reversion, maybe even like a push back up to four or something and you take a minimal loss um. But if there's additional weakness like if this goes down and keeps going down, there's not really much to catch you until a dollar. Fifty so definitely exercise some caution in terms of like risk management. There are we rejected at the 200-day moving average.

Let's see, let's see 441 40.. Let's see if this breaches that low i'd be a little suspect, a little little suspect tiger equals d-wag. He went all-in on cfvi cfvi, so this is the spec that has a percentage ownership of rumble. I don't know when you went all in, but if you're buying it on this higher low and your risk is somewhere between 11 and 10 to me, that's a pretty reasonable, like trade uh, you could be paying attention to this trend line right here.

Maybe looking for that breakout, but uh overall you're kind of in this wedge. Morally, i'm supportive of them, like kind of like an anti-big tech type of move like a platform that people are not getting arbitrarily silenced on. So definitely a fan of that um risk reward setup even to the top of this trend line, not a bad deal all right, thus far the spy refusing to actually follow through on the rejection. We came right up.

First attempt not a successful one, but it also did not breach 441.40. Let's see how this plays out. I have made no trades today. I told you this is exactly like i'm just watching this.

In fact, this is what i posted um before the market opened today. 131, looking for a bullish push in the s p 500 to its 200 moving average. I'm thinking this will result in a bearish rejection by i will play whatever trend forms after testing the simple moving average. I posted that before the market open just letting people know like my personal plan, uh and right here, the first one was a rejection, but you still see buyers.

Stepping up. You definitely are seeing some buyers stepping up all right. It looks like we're about to get attempt number two folks attempt number two watching watching watching. Is this one going to hold man? The queues are pushing tesla's pushing the bulls are hungry today, wow, oh wow.

Well, this is how things look now in the bigger picture. We are getting above it, and just so you know this little guy right here, 444.. Looking pretty bullish, though all right well, we'll try to play this trend and here's how like just so. Everyone knows like, i guess, the way that i think of it is if it doesn't hold it's just a quick cut.

If this is like a fake out breakout type of a scenario um, then that means you just cut it because, like it's always it's always always the game of keeping your risk as possibly can, and let's see what kind of day we are about to have so We're holding above it thus far it's a breakout, but of course it could get rejected. It could be like a little fake out breakout thing, but we're seeing some green a little bit of relief a little bit of relief all right now. I guess i'll ask all of your opinions, um. What's everyone thinking? Is this an official breakout and it's gon na rip, or is this just a fake out like a bull trap? What's everyone's thoughts on it on this push above the 200-day moving average? What is everyone's thought? Not yet not yet fake bull trap, bull trap.

I got some. We got some negative nancy's in here incoming rug pull a lot of people thinking. This is a bull trap. It's a trap.

It's a trap, it's a trap. Well, i guess it's time to fade all of you guys. Let's see, let's see all right, i just got. I reversed it.

Um, i'm gon na think that this holds and if not, if we get a spy rejection, it comes right back down. I'm just going to cut it. That's my wrist, but i i'm playing this the the push in the overall market just in the higher volatility tesla uh. Let me call that oops hang on.

I just minimized my. Let me just explain what this is uh, a very looking for maybe like a one two day swing on this call feb four, which is this friday, uh thousand dollars, and that cost four dollars and 45 cents not looking for this to necessarily go in the money. Like i said, just a quick swing, um thinking, we could see potentially some nice upside if this actually goes um. The next level of interest personally to me on the spy would be 444 right there and then on the qs.

I would be watching the queues are trying to break out right now of 356. from here. I'd be watching 360.. So all the way up here is my next look we'll see how this all goes, we'll see how this all goes could be a brutal trap.

I don't know, but i do know in this particular quote-unquote trap scenario - i'm at least doing it with a small risk. We have amc with like the v-shape recovery going on today. I see a lot of people talking about sofi a lot of people talking about sofi. Apparently, this is just not loading, i'm trying to bring up so far so far up six percent on the day, uh nice kind of reversion balance we have going on in so far look for sofi to break above 12.

If it does i'd be watching 13 kind of a nice setup there, what about spotify spotify uh up almost 10, so that, like i said early this morning, potentially a nice trade, you could have gone in on this breakout at 184. um. I didn't play spotify whatsoever, but it did seem like things were pointing to the upside for it. Crypto we're seeing a bit of actually on the 24 hours we're seeing a little bit of red on the current quote-unquote day, but the recent bars we're definitely seeing some green amc moving there.

Does that mean that gme is also moving? It does remember last week that jimmy kept having issues at 105. I would love for gamestop to get above and hold above 105.. How do you make money on puts uh so puts? Are the exact opposite of calls if you understand calls literally just invert, everything and you'll understand? Put so remember what a call is a call is a right to buy a share or a hundred shares per contract at a certain strike price on or before a certain date. So if you have the spy - let's say 440s well, if you choose to exercise them, you're going to be able to buy 100 shares of spy at 440 on and before the expiration date.

So your put a put is the right to sell 100 shares, so the way you make money on a call is that difference if it's trading at 445, but you have a contract, saying you're allowed to buy matt 440. Well, that's your difference, but on a put, that's your right to sell, so you actually want it to go lower because, let's say whatever: let's say, the spy is trading at 445, but you have a put that says: you're allowed to sell it at 450. Well, that's five dollars above the current market, which means you could like collect that difference. So a put is the right to sell a call.

Is the right to buy if you go long on a call you're looking for it to go to the upside um? If you go long on a put you're looking for the equity or etf or whatever, it is you're tracking to go down, and if you want to know more about that, i have a trainings options. Playlist on this channel check it out. I have various videos on coors light that talk about strategies covered calls, spreads credit spreads, debit, spreads calendar like all that stuff. I know i went over it quickly, but it's important to know if you know how to play it.

You can make quite a bit of money um you just have to put in the time, and i guess wrap your head around it next wolf69. Why am i the only one that sees matt's thumbnail? No videos for you, just audio uh, maybe just give it a quick, reload, all right the spy coming out to something that i think is going to get a lot of people excited. This is the high from january 26th. If this goes, i'm watching 455., i'm watching 450, then 455..

So if we break above 444, maybe it doesn't happen today, but i would be looking. Maybe it does happen today, maybe over the next couple days 450, which is obviously six higher uh, looks like we might be putting in a lower high on uh gme right now, how's tech, looking tech's still going tech still very much going on the qs.