Oh oh brother oh brother oh brother oh brother oh brother oh oh brother oh brother oh brother. can I get a hell yeah good morning, good morning, good morning. Welcome back to another episode of the MK show where I'm am your K and together we are the show it is. Thursday November 16th Honestly, it feels like the longest week ever.

I don't know how many of you are feeling this way but uh, it is feeling like a long long week. How's this jungle dude? She's crushing it. She really really is crushing it. She's bouncing back I think faster than anyone even expected.

Uh, we got her late last night. That was a bit of an ordeal. They like misplaced my cat for about an hour when I was at the vet and they're like yeah, like we're getting her I was like but I'm already here. where's my cat type of a thing But anyway, we brought her home, put her in one of these like onesie things so she doesn't mess around with like any of like the surgery scars or the stitching or the sutures or whatever it is.

Uh, that took a little bit of her getting used to, especially when she was all doped up and she was like kind of flopping over and her tongue was out and stuff. but like an hour later she seemed like 80% herself. and like two or 3 hours later she was like very much herself. Uh, early this morning seemed a little groggy but then I showed her the certificate that the vet gave her.

Uh so I guess they give out certificates these days and Piper got a certificate for bravery. uh for I guess apparently showing outstanding bravery in the event of getting a surgery. So that's some positive news. Uh, that's obviously going up on the refrigerator Piper certificate of Bravery Uh so maybe if you come to a decision today and you have the option to be brave, to be courageous or to maybe be like scared and timid, go the way of Piper go the way of Piper and earn yourself earn yourself or certificate of Bravery Uh, but she's chilling I mean she's pass out right now.

she's all on medicine and her onesie just probably going to be sleeping for most of the day. but uh I appreciate you asking. She's doing well and I honestly feel like by next week she'll be like ready to rip. Uh, please turn your volume mic up.

my volume mic is maxed so this is a a you thing fish. Uh, maybe you need either a new you either need a new headset or maybe a new head. uh I don't know what it is, but this I didn't mess it up this time. This one's not on me.

this one. it is really all maxed out. so uh, just just sharing that. Um, so anyway Piper certificate of bravery and I bet there's some deep, psychological, philosophical, metaphysical lessons that can be learned there.

but we'll break that down a little bit later. We should talk about what's going on in the overall Market Relative to the past two days, today's a bit more quiet, as in we're not getting some sort of major inflation update. Yeah, we got initial jobless claims that came out at 8:30 a little bit higher than expected, and that's what's causing the market to go up a bit. Right now, we have some earnings to talk about Walmart getting kicked in the nuts Alibaba getting kicked in the nuts and then Macy's doing the nut kicking.

So we could talk about earnings. we could talk about what to expect for tomorrow in terms of seasonality and also the macroeconomic events mainly the inflation report, the CPI report coming out of the Euro zone. so we could talk about all that. We do have some updates related to what's going on in the world of like politics.

Not only does it seem as if we're going to be good to get the funding extended from this Fridays Saturday to January so that's a positive thing, but we also have some interesting updates related to President Biden and President Xinping of their chats and talks and everything going down. So on top of that, maybe a little bit of monetary like I Guess discussion: what's going on with Nick timberos of the Wall Street Journal going on? CNBC Uh, some cryp to updates because I don't know how many of you guys have seen this. Uh, maybe you didn't read all the salana bots in here, but salana is still ripping Salon is like doubled up or something in a month. maybe tripled up in a month.

It is absolutely crazy so we could talk about that. Uh, and then there's a couple other like little random things that I want to get into you. Everyone's saying my volume sucks I don't think it does like it sounds fine on my end is it is it? you guys? Did you guys try turning your volume up to normal levels? Dude I'm clocking in at negative or - 7 -6 DB which is like where you're supposed to be at. So for all of those of who like you're trying to put the blame on me type of a deal.

Maybe maybe look in the mirror, you know, maybe examine your own ear canals and make sure that the problem isn't on like your side. because my readings. Unless you're saying my readings are lying to me, they're They're coming through exactly where they should be coming through. So we'll see.

We'll see. Uh, help me help you. Same same but different. all that good stuff.

all right. very quickly before we get rocking. With all this, a very quick shout out to today's stream partner Meta: PCS This is what I use This is my trading PC Setup Pinned to the top of Chat in the description of the video, they have prebuilt ones. You can customize your own laptops, various accessories that you need In the world of what whatever your computers are, monitors, keyboards, mice, all that stuff.

they do have financing options. Um, these are the pros of the industry. Check it out. I Know computers are not something you're buying every single day, but obviously with um, the Black Friday deals coming up I Obviously with the holiday season coming up, I Know some of you might be thinking hey, I need a new computer whether it's for gaming, whether it's for training, whether it's for both, whether it's for whatever you're into, um, the next time you're getting a PC keep Meta PCS in your mind like I know you're not going out and buying one necessarily every single day.

But when you do it, use the code Gooni! You will get a discount pin to the top of chat in the description of the video. If you choose to buy a computer for them or anything from them, let them know that I sent them your way. Uh, obviously this is what I'm using for my trading computer. This is what I'm using for my streaming computer.

I've had nothing but good things to say about them so they've treated me really well and I figure hey, let you guys know about it. So the next time you're in the world of shopping for a PC or anything related to a PC check out what Meta PCS has to offer. and don't forget to use that code. Gooni! Now that being said, let's take a little looky see at the overall market.

So yesterday little bit trending down Q's little bit trending down, but overall in the day they were still technically in the green the spine The Q's ended in the day higher than where they ended the prior day. Uh, so early this morning heading up into the initial jobless claims report, we were coming down to the lows that we saw yesterday. Things were looking a bit heavy, but obviously over the past 45 minutes we've had a pretty solid bounce on a not so good economic report. Remember, we live in the upside down.

Bad economic reports are bullish for the market because of just what it means in terms of monetary policy, inflation. all that good jazz I Wanted to bring Netflix to your attention just because it keeps ripping out of just seemingly nowhere. that earning drift that we talked about with Monument Traders Alliance and how they like to do swing trades related to earnings Netflix just keeps going and going and going. Tesla Had a good day up until around noon.

Uh, kind of getting hit, but overall still hanging out at 240. that inverse shoulder shoulder head, shoulder that we've been seeing kind of watching play out looking pretty solid. I Do want to bring to your attention that oil is getting hit pretty hard this morning. uh now below 76 a barrel you have Bitcoin recently over the past hour or two trending down, but bitcoin's been strong, eth has been strong Salon has been strong.

so I want to get into all that as well. But right now in terms of what's going down this morning, the generic picture this morning. little bit of a mix bag. There is some strength in plays such as Macy's but then there's also weakness in things such as Walmart Alibaba all three of which reported this morning S&P 500 futures are little changed as Traders hope to build on November rally.

So here's what's going down: This morning: 8:30 a.m. we got uh initial jobless claims report little higher than expected and then Philadelphia fed Fed Manufacturing Index little bit like higher but it was a negative number so it was a higher not as not as negative of report they're expecting a drop of 0.9 came in at a drop of 5.9 Uh, so that's kind of it today in terms of scheduled macroeconomic announcements and data reports. But I do want to let you know that tomorrow Friday November 17th Way early we are going to be getting the CPI out of the Euro Zone I Also want you to know that in terms of what's going down today, there are various Fed speakers cook already going at 610 this morning bar 710 this morning M Meer uh, she's at 8:30 Williams 9:25 So Williams is the next one up on Deck then Wallers at 10:30 bar again at 10:35 Me again at 11:45 So this is what's all going down today. There's a slew of Fed talks throughout the entire day, starting as early as 6:10 and going all the way until 11:45 is the final one.

So early this morning we're kind of front loading the day, but quite a few different Fred speeches, commentary. that type of stuff. Am I expecting anything crazy from them? No, not really. But the name of the game is just to put all the things on your radar that could have an impact on your positions.

So I just want to let you know about that. Speaking of the Fed and Fomc and inflation and monetary policy. so Nick Timos uh, he is a writer for the Wall Street Journal and he basically covers everything that the Fed's doing. He was on CNBC this morning talking about rates.

So I just want to share this with all of you. Nick Is this mission accomplished for the Fed You know it. it could be. It sure looks like it might be, but they're not going to say it.

I think Becky They're going to be the last ones to say it. So is the Fed done? Uh, yes, it looks likely. Uh. but they are going to be the last ones to say it.

I Think the question here is what where is the case to raise rates right now from here I Mean you would need to see uh, something in the data that frankly, we're just, you would need to see some kind of adverse Supply shock so they have to be relieved, if not, uh, quite pleased with where the data is coming in here. I Mean if you go back 6 months, let's go back to May and look at where we were in May Uh, we were getting core inflation readings using the Pce the first five months of the year annualized at 4.4% the five months since then. Uh, if you kind of take the CPI and look at what it's going to do in October He kind of looks like he's about to say something crazy Sur month annualized basis So we had a B Just a big announcement I Right now, thiss like a the data is not going to drag them into continues like this. That's just kind of like in my face at this point.

that's just obnoxious. Anyway, this is kind of a pretty succinct way to say what a lot of people have been saying for the past two to three months now. of 5.25 being the highest, the FED doesn't want to risk overdoing it. Obviously, they don't want to risk underdoing it.

But at this point, seeing some of these recent signs not only the generic trend of inflation Pce CPI PPI we are trending down, but now we're finally seeing a little bit of movement in what's referred to as the sticky aspects of inflation. So obviously inflation itself is a complex measurement of various things. A lot of things were easily coming down, but then certain subp parts uh, shelter and services were proving to be particularly sticky as, and they were more so coasting along. So the Fed's effort via monetary policy to help with that didn't seem to be working.

But finally, over the past two to three, we're seeing a little bit of leeway being given in the aspects of inflation that were sticky. And yes, they're still stickier relative to the other things. um, the other subcomponents of inflation. But this is what really the Market's been liking lately.

Really, really been liking lately. Uh, Pentagon has again failed its independent annual audit of 3.8 trillion in military assets. Will this have any impact on the market today? No. Will it have any impact on our lives? No.

But is it something that I want to Absolutely ran about 100% These are the same people that if you're missing a nickel in your taxes, they're going to come after you. They're going to probe you and then our own. Pentagon 3.8 trillion? Like, yeah, what's a couple trillion amongst friends? It's interesting that our government and people within power and these large large government tax funding operations can be all Loosey Goosey with their money. But then for you, if you're like Ving more than what was it? $600 $700 you're going to have like Yellen actually personally showing up at your house and like going complete mafioso and beating the crap out of you and getting your money.

So yeah, it's just kind of like a double standard type of a situation. Anyway, Uh back. I don't want to rant too hard on that one. So back to what's going down Today early this morning, we heard from Alibaba Walmart Macy's one of these is doing well AKA Macy's Walmart Alibaba getting crushed Walmart shares dip as retailer gives a cautious Outlook about consumer spending so similar to some of the earnings we've had over the past two to three weeks of just a little bit tepid.

a little bit nervous of what the coming quarters will have because remember, they're effectively fighting the what the FED is doing, the Fed's trying to lower demand and the Walmart's like, well, we would love if you buy our stuff. So this concern about future growth kind of makes sense kind of makes sense to me. On the other side, Macy's stock pops 10% as inventory margin Improvement help profit be estimates so I don't know how many of you are actively trading Macy's but if you are huge, congrats to you. You took a risk, it paid off.

Macy's up quite a bit early this morning Starbucks did not have earnings, but they did announce recently a new strike Starbucks Workers file more labor complaints with New York City as Union goes on largest ever strike. So this not so good for the Sbck stock and for those of you who like to pay $10 a day to get your coffee uh, they're might be a little bit of a I guess a mess up in your morning routine. Now to Alibaba Alibaba Shar slide over 8% after it disappoints on profit curbs Cloud spin-off So not only is that going down, but it was also announced Jack Ma, the founder of Alibaba this upcoming week will be selling $187 Million worth of Baba stock. So that's obviously quite a bit of just selling pressure.

To the downside, so we have that they were also talking about spending off one company for a new IPO It looks like the CCP kind of threw some water on that plan. so Alibaba getting rocked this morning between jackm selling some IPOs that they thought they were going to have not happening and overall just as a business, the profit was disappointing. So Baba getting crushed. Speaking of things going down in China and in case you missed it, the leader of the Free World our President Biden met with their guy XI Jingping their president and eh, nothing too too crazy I suppose president G Biden G meeting delivers small wins and Promises of better ties So they basically just said Hey what if we stop being to each other and then they kind of looked at each other like like maybe we should start with a little like just dial it down like a little little bit? Like, maybe we could.

We could. Probably we could probably make something like that work. Presidents Joe Biden and Xingping emerged from their first meeting in a year, betting that a handful of small victories will arrest a surge in Us. China Tensions that have unnerve neighboring Nations and threaten global economic growth.

Expectations were low oing in deep seated differences over trade Taiwan and human rights, and even the summit's modest accomplishments were hard. One those included deals to try to address the Fentanyl crisis and to restore military Communications severed after the house Speaker Nancy Pelosi Visited Taiwan last year. remember when she made some very interestingly timed semiconductor trades and then she went to Taiwan Little Sus. We're in a competitive relationship China and the Us, but my responsibility is to make this rationale uh, manageable so it doesn't result in Conflict That's what I'm all about.

That's what Biden's all about. That's just what he's all about, bro. He sees conflict and and he thinks to himself, how can I get myself out of this conflict? X and Us and China can only be adversaries or partners with no middle ground. So obviously everyone has their thoughts and opinions on it.

but they are meeting. It all went down in San Francisco And it wasn't just those two President Xinping met with a lot of tech Moguls and entrepreneurs while he was in. San Francisco Uh there was kind of an interesting update that is not going to make the CCP too happy. So this happened last night and Mr President after today would you still refer to president She as a dictator? This is a term that you used earlier this year.

Well look he is I mean he's a dictator in the sense that he he is a guy who runs a country that is part this country that based on former government totally different than ours. So after all those talks is chigan be too happy? Most likely not. And honestly I'm not even going to bash Biden on this one cuz he's right, he is a dictator. like I Don't think anyone's like are arguing that it's just maybe not the best bedside manner to be having a meeting with a guy and then right after be like yeah no he's a dictator for sure like and he's he's right.

I'm not saying Biden in any way is wrong. He is 100% right. It's just the timing of it like maybe I don't know and like he was just answering a question so it's not even like he brought it up so more as uh the like I guess the reporter bringing it up it it would be interesting I guess based on the question he had no other opportunity. he couldn't have lied and be like he's not a dictator so like he was kind of backed into a corner and he just answered it honestly and I think once again we all agree.

Uh, it's just interesting in terms of timing of like literally this was right after their meetings to try to get some of the tensions to simmer down. but hey, it is what it is Now let's actually talk about the market for today: Pinn At the top of chat in the description of the video is the link to locals. That's where you get the free newsletter. That's the connection to the Discord if you want to trade with me.

Obviously after the show, there's some private teachings. there's some gaming, there's some sports gambling. it's a Discord folks. Uh, we talk about some nerdy math stuff, but then we also talk about some nerdy gambling and some nerdy gaming and we just kind of trade throughout the day.

It's a group of cool people if you want to try it out. If you're interested in the Discord use the code gooni to get your first month of access for free. Um, and it's all on Locals Mac. Locals.com pinned to the top of chat in the description of the video.

One of the things you get is this newsletter that I've been writing I break down the previous week when I'm looking toward the upcoming week all the major macroeconomic events for example, initial jobless claims this morning the Philadelphia Fed Manufacturing Index this morning for tomorrow CPI of the Euro Zone building permits all the major earnings I Think you're going to care about and just for the purpose of this discussion, seasonality for today Thursday November 16th Looking at this individual day over the past 25 years, over the past 2 and a half decades, it's slightly bearish. The Bulls have won it 53.8% of the time, but when the Bears win it, they've been winning it at greater size. And then that's why the profit factor is below one for every dollar spent in the Bullish. Direction Only 80 cents has been returned.

And this is a look at the equity curve of buying it open, selling it close every single day for the S&P 500 futures contract. If you bought it open, sold, it closed, this is what your Equity curve would look like, obviously slightly favoring the Bears and then, just so you know, for tomorrow, much more bearish. This is the equity curve for tomorrow. Friday So we could talk more about that and detail and then also uh, I just give you an update of how the current strategy is that I'm working on.

uh, obviously doing some data mining, trying to find a tradable edge in the world of zero. DTE Uh, premium selling and that's what I've been talking about. Last week, it ended up going eight out of 10 completely lost on Friday. But Monday to Thursday Crush it, Crush it, crush it.

Um, not counting this week at all. and thus far in this week it's gone 6 for six Monday Tuesday Wednesday two for two, four for four. six for six. Um, so as of now, this is Uh 19 out of 22 thus far.

November is the current running count on it so there's something there and I think I still need to do like a couple tweaks here and there. Uh, yesterday was getting a little hairy. yesterday's hit and I sent that to everyone like people in the Discord saw it I blasted an email to everyone in locals. uh and even though it was a nice winning day I think it was about 4K it for part of the day, it was a little suspect down 9 or 10K at one point.

So there's definitely some improvements that without a doubt could be made. Five things to know before the Stock Market opens today: Thursday November 16th Easing inflation Well, according to the PPI report and the CPI report, that's a fair statement that inflation's still bad, but at least it's not as bad. We're not trending with such high velocity, we're still going in the wrong direction, just not at the same speed. Big box sales boost just talking about Walmart which right now in pre-market training is not looking good Macy's is looking good Alibaba also look looking bad Walmart Alibaba looking bad this morning and then uh, we have Macy's looking really good Microsoft trying to get into the world of semiconductors, those processing chips that are used in the world of AI data centers.

um Esports just the high-end performance processing chips. The CPUs and the Gpus Microsoft is trying to take a little bit of Nvidia's lunch. Uh, they're announcing plans to make their chips. So honestly I like Nvidia but it also makes me like I like both of these companies beforehand, especially in my long-term account.

But it makes me like Microsoft even more now. Red Strike we talked about Starbucks they're now on strike and particular things going down in: New York City winning formula Red Bull I mean I Know there's the big Vegas race this weekend, but from what I'm seeing, there's no appetite for it because Max Foren mathematically has already clinch the championship. So I just don't think that people necessarily care about it. Uh, but anyway, according to Red Bull the company, the success of the Formula 1 team has directly correlated with the increase in the sales of their beverage.

Uh, so just something to consider. But Red Bull Very, very dominant over the last. What was it? Three seasons now? they're just destroying. It's basically, um, a race for number two just because Red Bull has been absolutely dominating.

Absolutely dominating. So a little bit later I want to talk about the potential IPO for SpaceX and I also want to talk about what's going on with ether. Uh, a spot. Ether ETF was filed but before we get there folks I asked this in the update video yesterday.

if you guys didn't watch the update video, Shame on you. Absolutely shame on you. but I asked it and just because a lot of people didn't watch it I'm going to ask it again am I missing out on Salana right now I I own a very little bit of salana mostly I'm in Bitcoin and Ethereum but we had a lot of Salon of bots coming in here and they're like, you got to buy salana, you got to buy salana I'm like you're a salon bot like what's the deal and I kind of like Shrugged it off I was like it's going to get rugged the way a lot of these bot ones do and then Kathy Wood goes on CNBC and she's all like dude, it's actually like Ethereum but better. it's faster.

the Network's not as congested yada yada, yada. um and just to be clear, I own a little bit, but most of my crypto Holdings personally are in Bitcoin Ethereum and I don't actively trade crypto at all I just slowly put money in Bitcoin and Ethereum and I hope it works out in the long run. Um I Learned some painful lessons with all these random altcoins, but my question is, is Salana not a random altcoin is salana? The thing that's going to Dethrone Ethereum? like I Need you guys to teach me and if you guys don't know I'm going to have to go make like a research video. kind of breaking down what Salana is and isn't So where am I missing out? Or is this like just another thing that's like doomed to fail Like what is it? Salana has more downtime than any other major altcoin.

Well, that doesn't No, it's an scoin sometimes. I Want Windows on my phone smart mat? Kaspa? What is Kaspa? If I've never even heard of it, most likely it's going to be a scam coin. Like, at least have heard of Salana. The network goes down all the time.

Well, that doesn't So if it goes down all the time, why are people so stoked about it? Xrp Dethrones Eth does Xrp Does Ripple even have those capabilities not I'm not saying from popularity standpoint I'm saying from like a technical standpoint, are they even necessarily in direct competition with each other? Uh, so will end up a rug like the last tip I Don't like Salana. It's stank Salana going to 79 Interesting. Bitcoin and Eth are king and queen. You know what? I'll do some research on it, but as of now I just want it to be very clear.

Bitcoin's my main holding I do have some Eth and then I have other random little things just from like I Don't know the craziness back in 2021 and all that insanity, but hey, whoa, what in the world will this? Ended up dipping very quickly? What? Um I Asked you guys if you're bullish or bearish and I think a lot of you maybe, uh, voted a bit too early there team I think you voted a bit too early There Team: you guys know how it goes down at 929 and 55 seconds with 5 Seconds The market open I'm going to place a trade I'm going to place a trade and you guys will Rumble how are you guys I Didn't ask you guys yet because I put a poll up on YouTube Uh so on Rumble Market Open I Specifically asking you the first minute of the day from 9:30 to 9:31 Are you bullish or bearish on the day? Let me know. First minute is the first minute bar going to be red? Is the first minutes bar going to be green so bear don't fomo fried them red? Uh, good morning Gang Red red. So rumble's a bit more red. and now even the numbers on YouTube Seeing this pre-market action now, even the numbers on YouTube are starting to dip a whoe bit I'm bear I'm bearish folks.

cash your votes. Uh, Rumble is considerably more red. All right. Well, before we P place this, uh, obviously another shout out to Meta PCS the next time you're interested in getting a computer, especially if you're after a high-end gaming trading.

whatever have you, keep Meta PCS in mind. Don't forget to tell them I sent them your way. Use the code gooni. you'll get a discount.

Pre-built ones you can build your own laptops, accessories they have Finance Dan in plans. Great thing to keep in mind, especially with Black Friday coming up. Uh, especially with just the holidays coming up. Shout out to Meta PCS for being a sponsor of today's stream And on that note, Okay, all right, let me see if I can place this at the right time I am on the right account I am on the right sizing am I on the right time frame.

All right, let's get the degeneracy out of our system, out of our system, out of our system. All right. I need to fire this off at 92955. So uh, 5 seconds before the Market opens I'm going to be placing a degenerate amount of contract bets on the Futures Market If it hits, it should hit quickly.

If it misses, it's going to blow up this account and thus far you guys have been on a pretty nice win trip. You truly truly have to the point that you got the Prop Challenge account passed, it got successfully funded, and now we've actually traded multiple times in the real money account which is just truly Tru blowing my mind. Um, so I you guys are slightly biased I you guys are 5050 right now. Uh I need more of you guys to vote? I very much need more of you guys to vote and I need you to do it quickly because I have exactly 60 seconds.

So uh, the more people who vote like it's just too close to 50/50 right now Rumble seem to be a bit more bearish as of right now. YouTube's a bit more bullish. so I need to know if you guys are voting like which way. the more votes, the better.

um higher conviction cuz I'm just going to go with whatever you guys tell me to go and I don't necessarily like these days where Rumble and YouTube are different like I want some sort of, uh, generic agreement. This is why I need This is why I need like a giant wheel or something like that. Come on guys, go with Rumble that that's a a fair argument that is Rumble has a pretty good argument here. When they're saying just go with Rumble they're saying go with Rumble All right I have to place it I'm placing the trade in 10 seconds.

Everyone get ready. All right. Order filled, order filled. Let's do this thing.

Let's do this thing. Market Just open filed, all right target. There we go. Three of the six hit.

three of the six hit on the NASDAQ Bada bing Bada boom bada bing. So three of them hit over here. half of the money is been achieved. What about over here.

Uhoh, the nazak and the Spy are going a very different way and that's odd. so everyone's kind of half right, half wrong type of a situation. Three hit almost instantaneously and then the other three not hitting instantaneously. Is this why you guys were split like you had you? YouTube Understanding What's going on with the Spy but then you Rumble understanding what's going on with the NASDAQ It is very interesting that the very first minute we have the NASDAQ getting crushed.

locking in those gains them sweet sweet tendies and then es going the exact opposite way. That's actually really strange and in a weird way. You guys are both right. So I would argue that you're like you're still right.

I mean you got both. Both of you were right. Um, this is the strangest day we've seen by far. By far this is the strangest opening we've seen where the Nasak got crushed, the spy uh didn't and now the Spy still going.

Well, let's hope we don't get blown out on this one. Uhoh uhoh SpaghettiOs uhoh SpaghettiOs Anyway, dingy, ding ding ding. The casino is open. Best best of luck to all.

Play responsibly. if not, have fun. We all get a trophy. Very modern.

Yeah, you guys know me. I'm as modern as it gets I'm modern I'm Progressive I'm cool I'm hip. Uh, you guys understand it. Everyone get the trophy.

Uh, not only do you get a participation trophy, but your participation trophy gets a participation trophy. So you're getting double Pts today. so congrats to all of you! congrats to all of you! But I I Have no fear that you guys are simultaneously going to be right on both, this one taking a little bit longer than anticipated obviously the first one we got with in seconds locked in 180. We do have a live position right now just to see how this all will or won't play out.

Little bit of early morning degeneracy and you guys know me. I'm just trying to make some quick bucks some quick buckaroos. uh to pay for my Texas Roadhouse bill this weekend. Uh, what's going on with this? buy? Are we going down? Should we double up? d Double up to to bring it up? Double up double up Tri Triple up double up double up triple up quad should we is this time to quadruple up I I Need your confidence? no Monica says no Do so.

We have one vote for no Monica voted no again, technically not allowed but I didn't say that beforehand so we're just going to allow it. No idea. Triple we have one for tripling up Interesting Order filled all right. I Don't know what I did but I did triple no I doubled I had three and now we're at six.

which is just going to make these tendies that much sweeter. So I did I did do more, but that's just because I have that much faith in you guys like you. You would never steer me in the wrong direction right? Uhoh well that's kind of unfair that it came right to my value. Uhoh is this going to blow the account out? If it goes a lot against me, the account's definitely going to get blown out and then technically you guys would be blaming that one on me.

You' be like but Matt none of us told you to double down and you did and like you blew out our account. So this this could get a little squirly here folks in real time. you guys can't see it because I'm a professional I'm cool I'm calm I'm collect but under this Moon gang crew neck under this goon crew neck. my heart's going because this this this could be bad and this could be bad real quick I got a little cocky there.

Maybe it's one of these things like out of sight out of mind no stop. oh no. Monica you were right Monica this account's going to get blown out Monica I need you Monica I should have listened to you I should have played it the other way. Why do I never listen to Monica Everyone came in here this morning and they're like just listen to Monica she's like been on a roll lately.

she's been on a heater lately. so I just I bet against the person with a hot hand Monica's in here just crushing it and I decided to like I faded the person who's been on the ball that makes no sense that makes Monica No matter how this plays out today, my deepest apologies I I should have known better I should have but like I I I Don't want to make up excuses or anything Monica but you can understand the emotional turmoil that I'm going through. It's like just like obviously with Piper at the vet and like just is she okay. Is she not okay doing my job to keep my mind off of it when I really just want to hang out with my sweet baby angel and make sure she's okay all day? So like I'm not saying you have to accept my excuse I'm just trying to help you better understand my mindset of why I Effectively lashed out against you and all of chat by breaking all the training rules, breaking our our agreement that we all had with each other.

Um, so my apologies I I Hope that the not only you Monica but the entire chat and the market Gods above understand the S sincerity in my apologies for this borderline. Julius Caesar of a situation and hopefully the market gods look down upon me and allow me to get a quick fill here without blowing out this account. Oh man, we just have. Come on come on come on come on come on just just WR down here.

I It would be tough enough if I said half size which is already over L Here we go here we go. Monica This is this is where two parties come together. This is where we're g This is it. Monica I Appreciate your forgiveness folks.

This would have never been happening if Monica didn't just understand I am a human I am not infallible I Make mistakes and it's by her pure graciousness that I will be able to get out this position Monica From the bottom, the top, the sidewalls, all four ventricles if that's what they're called. uh I I I deeply do appreciate it. Uh so I'm gonna thank you. thank you thank you thank you Monica Without You where would I be I would I'd be like Piper I'd be a lost little jungle Kitty that didn't know what's going on and that I would somehow end up in the apartment of a weird streamer dude who yells at his camera and and I'd go from being a jungle cat to being in a like a pink onesie.

So I I think I I think I this is coming full circle for me. this is. This is very much coming full circle for me. Um I Just got an alert that Mullen hit a new all-time low So that's that's horrible for the Mullen Community But in a certain way, it makes you understand that scams are scams.

Like undoubtedly that's what happens to scams. Scams go to zero given enough time. That is a a universal law of the markets. is scams? go to zero You just need to wait for the scam to go like it.

There's not really a time frame necessarily associated with. well. this is painful. I try to get a fill at 11.75 and it hit 12 I was one tick away.

So and now the Qes are picking up. Uhoh uhoh is this going to get blown out? Uh oh? Monica What do I do Monica do I hold this or should I cut it now Monica I need you? Is this about to blow out the entire account? Or do I just do I just close it. But someone someone needs to tell me something. it's getting, it's getting bad, or is this going to be a double top double top? I Was late four days and still haven't got a demerit.

that's CU You didn't get one, you got five. You got the penta demerit. Yes. Cut it now.

Cut it. Are you guys sure? Maybe Maybe we should check the options Market before we do anything crazy. Maybe Maybe we should all just take a little a little bit of a breather for a quick second. You know, maybe we don't want to make any decisions like in a lot of emotional turmoil.

Uh Monica Want me to guess? Hold no Monica You tell me what to do I don't want to sway your decision I need you to use your big brain, interpret what's going on in the market and tell me What I should be doing with this My with my position, you're my adjunct financial adviser. Monica Do I hold or do I cut this I'm losing less I could get out now. do you think it's going to come all the way down? Or do I just take a small hit I Could we can make this back? This is a manageable loss. Total quadruple down.

Dude, that's an interesting observation. Trev We could quadruple down. That is an interesting concept. something.

I Just want to throw out on the table. to everyone there is the option to hold. There is the option to cut and suffer a small loss. Or we could add more.

What are you guys thinking? Full court press These are interesting Concepts Team: these are. these are interesting Concepts Dude is is this ever going? Let me out? All right. Usually this happens a lot faster. This is your first time in the show.

generally right at Market open. I do a degenerate trade based on what chat tells me to do and generally it hits or misses within like 15 seconds. This is an awkwardly long one. It hasn't gone enough against me to blow out the entire account, but it hasn't gone enough in my favor for my profit to be hit.

So kind of an awkward muted opening. Half of them hit Right over here on the Nasac. This is more of the tech sector, where my mouse is the left side. This is the S&P 500 and when it went up a bit more I decided to double down and as you can tell, it got really close to getting hit the way the Futures Market trades on at least the S&P 500.

It trades in .25 tick. so it will go from 4514 to 4514 .25 to 0.5 to 75 to 4515. So is it It doesn't trade in pennies like a stock or really any Equity or ETF It trades in quarter points. Uh, same thing with the NASDAQ but that's not true for all the Futures markets.

different ones trade in different point increments. Um, so the fact that it got as low as 4512 and my order was at 45117 5 means that it was like a tick away. It was as close as it could be without actually hitting my order. Uh, so that's a bit of a bummer.

Uh oh, Monica Monica What do I do? What do? Come on, come on on, come on. Do you think I can confuse the market? and if I drop the order, they might be like oh okay, we'll get it even close here. and then I don't actually have to get this order hit when it comes down into here. I could just surprise them and close it.

You think that might work because I've noticed that the market loves to come right to my order and then not give me my fill. So what if I fictitiously show that my order is farther away to trick them? You know that's that's kind of a big brain idea. They're like oh no no, now his order is all the way down here. so let's get it close here.

But really, all I care about is here. So that's how I could trick them. You know anyone else noticed that anyone else notice the fact that it'll come right up to your order and not give you your fill. So if I just drop it, it'll actually get to my real order faster and then I could just get out.

Hey, some big brain stuff? that's that's a big brain analysis of the market team. big brain. just maybe obviously trying times call for special measures and that's what we have right here. Not only do we have a trying time, but we have.

We have an opportunity. Gentlemen, what we have before us tonight is an opportunity. Nine times out of 10 we would not beat the Russians but tonight we will. Great Moments come from great opportunity and that's what we are being afforded at this particular Market open.

At this particular Market open, we are being given great opportunity. My only question to all of you is are we going to rise to the challenge? Are we going to rise to the the challenge of the opportunity that we are being given right now that that's my only question? Quadruple down? Uh if I had quadruple down I think the account would have actually already been blown out at this point. I'm I'm getting nervous cuz if this starts to go, it's screwed and I thought I would trick the entire Market establishment by doing this. They're like, oh, we lowered his order like let's bring it closer and then I was going to snag it even faster like even before this.

like you know the old Kansas City Shuffle type of a situation and uh, it feels like they're on to me it. Feels Like These Market makers have my number and they're coming after me once again today. Uh I Honestly, I'm a little bit dumbfounded I didn't know that today would be such a such a brutal fight. Do I just reverse it? Is it about to break or is it going to get smacked? Do I reverse or order failed Ah, order filled.

okay Okay order filled I'm in at 18 I reversed All right now we're in the build back mode I got screwed Team: This could end bad I bought a lot I I I bought a consider amount and I'm also betting on a a considerable pop. To the upside if this pulls back at all I'm screwed. Gross. Realize: lost loss of 1.2k Yeah, that's that.

That's brutal and actually this position is now down. Well here's to hoping it rips to the upside. you know we got this NASDAQ that save me a little bit And if this goes, we're going to be good. I mean if this hits right here on the sizing I have like we'll be back on the green and like we'll crush it.

but um should have listen to Monica Re really? that's the lesson of the day. If you guys take anything from today's show in particular, what you should take from the show is to always listen to Monica And I'm not necessarily saying that Monica was pitching this. But also folks, use sunscreen. You know, melanoma.

Not a joke. Your skin is your body's large organ. Take care of it. moisturize sunscreen.

Don't get those sun spots. don't get sun damage. UV is a very real thing. Um, so I'm not necessarily saying Monica was pushing sunscreen, but in a generic sense, applying sunscreen is safe.

It's a good thing to do take care of your your skin. Um, just wanted to. just generally a good thing to consider. Just want to put that out there.

you know, not necessarily her point, but it'll be my point. Uh, is this going to hit I hope it hits. Uh, unrealized. I can make almost half of it back Dude, No, this is going to rip right? This has to rip right? This is going to rip right? We're going right here we go.

This is the comeback. This this is why they call me The Comeback Kid they say Hey kid come back here. They actually don't say that to me. Most people don't say anything cuz like I stay inside all day like a Hermit and I don't really go outside so it's not like I'm getting much like human to human exposure or contact.

but if I did go outside they would say hey, come back here and that's that's how I got my nickname The Comeback K please check the 5-second video I put in the training chat channel in the Discord I taged you it, it's about Monica All right Joe I'll need to manage this trade first. Um, don't want to get completely distracted from this cuz I mean I'd prefer to not blow this account up. That'd be awesome. you know that'd be.

that'd be all sorts of cool if I just like didn't blow this account up. let me set some alerts maybe all all forms of Neato to not blow the account up. Come on. I'm just trying to make the money back because I feel like it's my fault that I lost out of my account that you guys are trading for me.

So I'm just feeling a little extra pressure right now if I'm being completely honest to do well on this trade because like if I don't do well, you guys are going to be like but Matt you blew up the account. It wasn't our fault and I just here I was thinking it was a team effort. Come on, come on, just keep going I Hope I did the math right? What's 300 300 time? 5,500 So this should be. Bring me if this hits.

We should be in the green on the day and then I could be good and then we'll We'll revisit these degenerate trades tomorrow. I Just need this break and this push. Come on. What am I missing? What's what's the deal today? Why are we going so slow? All right, definely don't need that.

What? What Am I missing? We are trending up so that's a bit of positivity, you know I Just, we're at the High from two days ago: 450 Key technical level key psychological level. so a pop above that if I get up to like 45050 I should get my fill. Roughly, the cues are looking good. Choppy at first.

nice expansion to the upside. Spy choppy at first. nice expansion to the upside. The question is is it going to get smacked right right at these levels I Hope it doesn't but obviously time will tell.

time will tell. Spy hanging out just below 240 Netflix got smacked making a recovery back Microsoft's in the green Microsoft 374 I Believe that's an alltime high it is Microsoft Msft. Congratulations to those of you trading Microsoft Um. investing in Microsoft Msft? Uh, just hit a new all-time high.

This is obviously off the back of the news that they are getting into the world of Chipm. so the newest competitor to Nvidia AMD Intel Qualicom Micron um Microsoft newest competitor in that world So Microsoft New alltime high. You also have Apple pushing now recapturing 190 not at an all-time high, but getting very, very close. The all-time high on Microsoft is all the way up here.

Let's see what this is: uh, 19823 So about $8 away, about 4% away in the realm of 4ish percent away from an all-time high on Apple Uh Apple Now on the one minute taking a little bit of a hit Uh Bitcoin Trending to the upside almost back to 37 Eth holding 2K you have salana at 62 SPX Depending on how you want to look at the S&P 500. remember SPX is the legit S&P 500 spy is the ETF the exchange traded fund tracking the S&P 500 and then you have Es which is the Futures Contract which is what I'm trading on the ninja Apex account. Uh, that is also tracking the S&P 500. So this is the S&P 500 futures contract.

so they're all the S&P 500 but slightly different flavors of the same dessert type of a deal. Uh Tesla Looking good Nvidia Fighting back Meta fighting back Netflix Microsoft looks so good uh Amazon also going back up Baba making a recovery still down 8% on the day Walmart Going flat down 7% on the day, Macy's is still up 8% Intraday Looks like we have some profit taking going on, but it is still up 8% Macy's showing some strength there. What else do we have going on? Am I Missing any other big explosions to the upside or big downfalls to the depths of hell? What Am I missing? What are the big movers right now? Energy getting hit. Financials doing all right utilities? eh, not really doing anything Industrials kind of going up healthc care kind of going flat Tech Picking up so Tech's picking up financials look okay, energy doing kind of whatever INTC INTC up 3% Micron Okay AMD so semiconductors are looking good.

Uh, Soxal is the leveraged like. so SMH is the ETF for the semiconductors but then they have some leverag ones. you could look at Sxx and you could look at SXL X Soxl is the daily semiconductor bull 3x so it moves the same way. Get in just a super super leverage rate.

so semiconductors tracked by the SMH um ETF looking good looking good across the board. Uh Nvidia making a recovery? Oh, are we about to go? Uh, we're not that close I Thought it was close to making some money here, but I need it all the way up at 45525. Come on. Tech is going Tech's having a good day.

come on. just quick pop. make help me make this money back. Uh, so the realized loss thus far is $1.2 th000.

but the unrealized gain is $800 so obviously Net right now would be a loss of 400. But I'm confident Monica Felt pretty confident in this call out. So I'm going to I'm gonna stick with her on this one. Come on, come on.

I just need to just need to lock this one in. Need to lock this one in. lock in a nice gain of 1.5k making me net ahead by 300 on the day and then from there I won't mess with your account again Until tomorrow. You you have my word, we're going to lock this.

We're going to lock this sweet baby back trade in. Uh. and then I'll make sure to not mess with your account once again. until tomorrow.

Did you see that Daddy Mus might launch its IPO for Starlink in 2024? I Did Alonzo were going to be talking about that in a hot second? Um I planned on already talking about it but then I got too deep into this trade and it burned a lot of time and there was laughing. there was crying. There was heightened emotion. There was depressed emotion.

There was a lot of loud no here we go Target look at that up 367 on the day this. This is why they call me the best Trader On this side of the Mississippi there's not many people in this world who would come within the like. like just the distance of an electron of blowing up their account and then making the recovery back to in the Green. Your boy up 367 on the Day in the Green really ized.

That's how you do it. That's just it's simply honestly how you do it there. There's people out there who when they trade, they make bad trades and lose money. and then there's other people who when they're trading in the market, they make good trades and then they make money and you have to ask yourself what what do you want to be So if you want to be in the ladder Camp of people who make money, you buy low and you sell High it It's not like everyone's like like, dude, what's the secret, what's the secret, How do we do this I'm telling you right now I'm telling you the entire secret is you buy low and you sell high and then if you want to do the other thing, like if you want to be a person who loses money, you buy high and you sell low right? right right there.

Like you don't need to go spend gazillions of dollars on education, you don't need to read all the books I've read about all this stuff, it's It's honestly that simple. Buy Low Sell high or sell High Buy low. But as soon as you invert those things, that's when you're going to start losing money. Um, so feel free to write that down.

Feel free to clip it. This is the type of education that I just give out literally willy-nilly for free. These are the types of Secrets That Wall Street Historically safeguards, they're like we don't want anyone to know that we're buying low and selling high. but I'm here to disrupt the entire industry.

I Will tell you that you are in fact supposed to buy low and sell High That's the secret behind the curtain if you look into Wall Street If you pull back the curtain and you look at the wizard doing everything he does back there, that's what he's doing. You're buying low and you're selling High That's his big secret to making money. So a lot of you might be confused about like where do the money come from? How does this work? If you're buying something out 100 and you sell it at 105, Well folks, feel free to break out your calculators and fact, check me on this one. You're going going to be up $5 so feel free to check it.

and I know a lot of you. Maybe you're going to have a an initial visceral reaction that like no Matt that's wrong I Don't believe you. There has to be more complicated than that, Folks, it's not. and I get it.

and I get it. you. You're of the mindset the Mantra that maybe you want to like, be angry at the messenger. but remember, don't shoot the messenger I'm the person who's trying to tell you how this stuff goes down.

Uh, I'm trying to be the good guy telling you the secrets about it all. So instead of getting mad at me, think about it for a little bit. Based on my calculations, that's a 5% gain. Total Strategies is bringing it to the next level.

Total Strategies bringing it to the next level, Breaking it down into percentages for us. Who Buddy Buddy D It's just dude Warren Buffett He's going to have a big problem. Big problem. The fact that I told everyone his big secret you want to know Warren Buffett's big secret.

He buys low and sells high this like if I just disappear this weekend I Want everyone to know that I'm not suicidal If all of a sudden you guys find me with a toaster in my bathtub I Am tell telling you right now that I don't like toast. There is no toaster in my apartment. so if it just randomly happens, understand that it ain't no coincidence. your boy is not eating peanut butter and jelly in the bathtub at least anymore.

So look into it. It's these types of things that when you tell the world what's going on, there's a bit of push back. Not everyone's going to be so so happy that I'm letting these secrets fly willy-nilly So if your boy disappears, ask some questions, ask some questions to go deeper on my analysis, weighing out the risk factors compared to the cash money market account of 5% I Take the risk- free. I Honestly don't even know what risk means.

Um, you're saying something about risk risk weighted risk fre. What? What is risk? what? um like what? What does that even mean Risk risk like like the board game. is that what we're talking about the like that thing or are we is there something else there? or I mean I could look it up, we can ask, we can ask chat Gbt hang on. I should probably Place Some trades.

All right. let me Place one more trade. Let me Place one more trade for the day. We'll see how this goes.

All right. Did I get all my I did? All right? So I did some zero DTE stuff on um the spy and on the S&P 500 and the NASDAQ 100 is what I just did. And for those of you in the Discord let me just save this. uh, downloads my super secret map file did this.

We did this. How do I upload this picture? Uh, got to go into the trading chat. um upload file. All right.

All right. did that did that? Did that? Did that? Now let's just know if there's going to be a breakdown. Um, out of my own morbid curiosity now that I got my zero DTS and let's check what's going on in the options. Market Let's see how this be of a day is actually opening up.

Uh this is all from spot Gamma. just it's the best analysis of. Real Time stuff going on options that you can like, ever possibly want. Um, notice how there's a beautiful pick to the upside.

So not only is price getting more AG like bullish, but look at the options. the options are following suit. now. obviously they might be running into a wall for all.

I know 101 could be the peak here like that's 100% possible. Um, but I'm just kind of pointing out how the price action which is the white line was perfectly in line with the zero DT and the all expiration and also it bounced nicely off this 4500 key psychological and Technical Support level. So let's monitor this throughout the day. But uh, as of now, based on the first 33 minutes of data, uh, things are pretty bullish.

Now is that a guarantee that things will stay bullish? No. I mean as soon as you break the intraday low, that could get a little bit spicy. Um, but I'm seeing Tech with a nice recovery. Uh Tesla Just tagged a new intraday High Nvidia and flat.

Meta just tagged a new intraday High Netflix tagged a new Inay High Microsoft Just tagged a new intraday High Apple About 15 minutes ago, tagged an intraday High Amazon starting to lift up. Uh, energy has been the weak one so energy could drag down the S&P 500. so watch that. But financials are looking fine.

So uh, they're kind of going flat right now JP Morgan Bank of a Bank of America is getting hit. Uh City maybe bouncing Wells Fargo looks a little bit heavy. where's the strength in the financial sector PN see So I'm looking at XLF and I'm a little bit confused because this is holding up a lot nicer than some of those bigname ones. Um, maybe it's just because of the waiting of JP Morgan in it.

so maybe worthwhile to dive into it. But also I mean you could clearly see the energy sector is getting hit. so energy sector getting hit, financial sector kind of flat. and then the tech sector is strong.

So there are various sectors to pay attention to. but these are the three major ones that I pay attention to. Once again, technology is Xlk, Energy is XLE and then you have financials which are XLF and the reason I pay attention to those is well, Tech I just like Tech because they're the fun degenerate ones to trade. but also in terms of sizing, you're going to see Tech Financials energy obviously have a big impact on the overall S&P 500 and also look into Healthcare Um, the main Healthcare play individually I look at is UN but I'll check UNH uh and also just XLV which is the whole Healthcare industry.

So all these ones you can check them individually and once again, technology. Xlk Financials XLF Energy XLE Healthcare XLF and you can just keep going and going and going. There's Industrials There's real estate, blah blah blah utilities, basic materials. It just keeps going, just keeps going.

Uh, Birkshire is the largest component of XLF That makes sense. Uh, so all these the size of the block is their relative weight. So Birkshire BR Rkb. You could tell that it's the biggest one.

So right here: Apple's the biggest, Microsoft's the next. And then you have communication you have Google Consumer cyclical, you have Amazon So all these boxes are relative to the size based on market cap of the company. So to say, XLF is most impacted by Birkshire. Yes, Crazy thing we recently learned about Birkshire is Birkshire is the largest single investor in Moody's the rating agency that is considering downgrading the US's creditworthiness.

And that's crazy because Burkshire also has a ton of cash right now. As in, they would benefit if the market takes a big hit because then Birkshire can buy things on discount. Little suspect, little suspect once again. just to better explain that Birkshire largest single investor in Moody's the rating agency who is threatening to downgrade the overall Us credit worthiness.

If that happens, the market takes a hit which would then benefit Birkshire because Birkshire has 150 plus billion dollars in cash right now. so they would love for the market to take a hit so they can buy things cheap. How Wild is that like? and that's that's a legal thing. Apparently That is 100% legal Fintel.

We'll go to Fintel, We'll look up. mood Moody What's Itoc? I think I Just want to make sure I don't have moody Fint Tel's website is always the slowest thing. Uh, what is what is Moody's ticker? Does anyone know it'll be faster if I just come to this Uh, MCO not Moc MCO I was close MCO Dude, this website moodies institutional ownership. This is all on Fintel.

You could get it for free if you are willing to put up with how slow it is. So in terms of the giant ETFs you could see that the largest one is Vanguard at 13.8 million shares. But then check this out. There's Birkshire Haway at 24.7 million.

So the biggest one in terms of ETFs Vanguard 13.8 they're at almost half the size of what Burkshire has in MCO In Moody's the rating agency which has 24.7 million ion shares. That's just crazy. That's just that's just craziness. So that's some fun stuff for us to all know about the current Financial system.

Pretty big update here. something that I'm specifically excited about SpaceX weigh spinning off Starling via IPO as soon as 2024 for a very very long time I've told everyone I avoid IPOs cuz it's a lot of Randomness it's a lot of volatility I don't think there's much of a trading and or investing Edge and I added on one little ashx to that comment and that comment was I would be involved in SpaceX Starlinks and my reasoning is I just want to be in day one, put it in my long-term account and let it sit for a couple of decades because in my mind, the company that provides Internet to the entire world probably going to be a pretty successful company. and based on the current landscape, I would argue that Starlink is the clear, obvious front runner to pull off that task. So I'm definitely excited for this one.

Starlink satellites beam down high-speed internet from space Starling could generate some1 billion in sales next year still a private company, and I'm just excited to see where Eline could really take this thing. SpaceX is discussing an initial public offering for its fast growing Starling satellite business As soon as late 2024 to get ready SpaceX has been moving the satellite unit's assets to a wholly owned subsidi that would ultimately be spun off in the IPO No final decision has been made, as it's possible that the SpaceX retains the unit. The listing could also be delayed till 2025. So at this moment in time, as we're filming this in late 2023, there's no definitive answer.

But as a person who's very, very interested in this potential at least thinks there's there's hope. It's almost like The Dumb and Dumber mean so it's like so you're saying I have a chance. That's how I feel right now. So I just want to let you know because I've been saying this for years in terms of IPOs This is one that I'm going to be particularly excited about just because in my mind, it's so evident