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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Stocks, Crypto & Breaking News
The Matt Kohrs Show
Video Partner
⇒ FREE Trading Newsletter (FREE w/ Code "GOONIE"): https://bit.ly/LocalsMG
Content You'll Like:
Jon Stewart DESTROYS Government Official In Heated Debate: https://youtu.be/VHy6WAyDGuc
Sponsors & Affiliates
⇒ FREE Trading Newsletter (FREE w/ Code "GOONIE"): https://bit.ly/LocalsMG
⇒ Streetbeat Robot Trading (FREE $5-$5k Code "MATT"): https://bit.ly/SBMatt
⇒ Webull Options Trading (12 FREE Stocks): https://bit.ly/WebullKohrs
⇒ Top Charting Software: http://bit.ly/TradingViewChartingSoftware
⇒ True Trading Group: https://ttgshort.com/ttg3-moon
#Bitcoin #Stocks #AI #Crypto #LiveTrading #Podcast #BreakingNews #Live
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Thank you thank you Foreign oh brother oh brother oh brother oh brother Good morning, good morning, good morning. Welcome back to another episode of the Matt core show where I'm at your course and together we are the show. it is someday of the week I don't know I don't really believe in the Gregorian calendar. never met the guy but I do believe it's April 11th does that make it? Tuesday is today Tuesday Feels like it's a Tuesday has a Tuesday Vibe like kind of the the Monday after Vibe the day after Vibe and it feels like the previous day was I'm pretty sure it's the Tuesday like 95 shirts of Tuesday I'm sure someone in chat knows.
Hope you had an absolutely fantastic evening I Hope you made some money in the market yesterday I surely did not. I've been leaning a little bit more bearish and the market went rippity skippity Doo die yesterday. so I hope at least some of us in here made some money. I was not one of those lucky people today.
a whole nother day so maybe I'll either make my losses worse or maybe I'll make some of them back. Stay tuned. That's how I keep you guys on the edge of your seat. It's going to be a crazy week.
This is kind of. We're seeing the volatility pick up but it's really gonna get going over the next three days. Wednesday Thursday Friday It's gonna get nutty. We get the CPI report.
we get the PPI report. We get retail sales. We are in the start of earnings season so we're going to have a lot of big Banks reporting. At the end of the week we have some Airlines like Delta reporting before him.
We have some Fed speakers speaking today. fed members speaking today is probably the best way to say that we have. Warren Buffett making some crazy moves in Japan We have some crazy bullish price action going on in the world of crypto and on top of that, you're here with a guy who's full on top G Mindset folks. My alarm went off this morning at the crack of dawn.
It was 5 30. I was like I am not getting up I was already reasoning with myself if I was like I'll go to the gym after the market closes. you don't need to be up at the crack of dawn. what are you doing Matt you're tired.
you had a little bit of a cough yesterday. Don't push your body. So then I sat there for two minutes and I just thought about how that's not a good grind set. that's not a good grind set at all.
So I sprung into action like a very agile kangaroo. I got up, put on my harmful and dangerous shirt just to get myself in the right mindset and I got my ass to the gym I did some ab work I did some light stretching and then I crushed the stair stepper for 30 minutes and on the elevator back I thought to myself that's not. that can't be the end of it. That can't be the end of it Mr Matthew You have to just do a little bit better.
you are. You're already reasoning with yourself of how like you're just gonna kind of like pitch out here. That's not cool at all. so you know what? I did I filled up the bathtub ice cold I went and got ice from the freezer to make it even more cold and then I sat there for three minutes while listening to post Malone uh his album beerbongs and Bentleys great album I don't know what song I was really listening to because my body was absolutely frigid. Uh so I got out of that, then like stretched again crazy move and then now I'm crushing some espresso and here we are. That's how you do it. that's a top G Grind set top G I think we should start making it a thing? um I need a thumbs up? thumbs down vote on this. but I'm actually thinking about completely canceling any of my finance market economic related content and I'm thinking about moving all of this to just doing morning ice bath streams I'm thinking around 4am.
Um, so the stream will be like from roughly to four to four oh five a.m ET and I'll be in the ice bath and I'll just be shouting motivational statements at all of you. Um, you guys cool with that. 4 to 405 one live stream a day, no other content and I just shout as I'm in the ice bath like the idea is that we all do this together and I'll just be shouting motivational comments at you I think is the best way to start the day. It seems like a couple people are into it.
Um, so yeah. maybe we'll finish out the week because it is an important week in the world of Finance Uh, but maybe start marking your calendars next week. 4 A.m ET Uh, it's just five minute streams and we'll just be screaming in the ice bath. Maybe we'll make it like a giant Discord call so we can all shout motivation at each other I Don't know why it has to be a one-way Street Maybe some of you guys have some very successful motivational tactics.
uh that I would love to tap into? Um I Think this could work I think this could definitely work. That is a good point. We might have to transfer the post show over to only fans. We'll figure that out.
This is a this is a team effort. We're gonna figure it out. but folks uh I believe today is Tuesday April 11th so get ready. The Market's going to go open in about 25 minutes it's We have a bunch of fed speakers today I Want to go over seasonality I Want to talk about what's going on in crypto I Want to talk about what's going on in Bitcoin Alibaba Warren Buffett Uh, there's just some craziness going on so I'm excited I hope you're excited before we get into all of it.
Don't forget to hit the like button if you're watching this right now. I'm in the middle of a back alley brawl with the YouTube's algorithm, so if you're watching it, destroy the like button and also it's a massive benefit over there on. Rumble with a rumble battle leaderboard, it's always nice to just show how dominant the goonie Community is and obviously it goes without saying. But if you enjoy this content, if you enjoy random thoughts that come into my head and it's just a stream of Consciousness stocks options Crypto Futures crying Whatever have you? If you're into that content, this is the place for you. You found your home, you found your community. You've been searching for it as if you've been wandering through the desert for years and years and years. and we are the Oasis that is going to give you that first glass of water, the ice cold water that you need. Uh, so make sure you're hitting that subscribe button.
With all that being said, let's hop right into it and as you're about to see I changed a little bit of the layout so I think it is better. This was my attempt from yesterday I resized things so it doesn't look so scrunched. I also switched the frames per second of the stream to 60. so I should be coming through a little bit more clear.
The audio should be Top Notch as always, but in terms of the screen, you guys should be able to see it. and I can't put my cursor there but basically on the bottom of the screen What we're going to end up doing like right down here: I'm going to bump the overall like web page up higher and then on the bottom. we're going to get a a marquee like a ticker running through of like all or we're going to get a marquee of all the most popular tickers like whatever. the S P 500, the NASDAQ 100 something like that so you guys can see still what's going on in the market if I go off on some sort of deranged rant about something else so we're almost there.
It actually turns out that it's very hard to get live data feeds on something else, especially if you're not paying for live data. so a little bit of a technical issue there. but other than that I think the sizing is coming through well and then just to give you a little bit of a sneak peek of the other things that we've been working on I think I got this looking right? Yeah, Lower right, top, right, lower left, Top left bouncing around Okay, so this is going to work in case we ever need to watch videos that's coming through the Butte Clark it's a beaut and then we could switch back to this where we can see chat so that chat's working I See you on Rumble chat if I hide that and then switch it over to this. why is that not working? Uh oh uh oh SpaghettiOs YouTube Chat oh why is that? it should be a little bit darker I think the it's a little bit too see-through so YouTube you're up right now.
you're missing your opportunity. Uh uh, it's a little bit all right. So I'm gonna have to write that down. Darken YouTube Chat darken YouTube Chat CSS All right, we're almost there.
Well, all right we. I don't know if we needed to say that I don't know if we needed to say that right away, but we're getting there team. look at that. Yeah, we need to bring it.
Okay, um. well. in case you've been missing it. pre-market kind of interesting.
Uh, strong Pop yesterday. Uh, we sold off for the first half hour yesterday. then we had quite a bit of strength and then it even did better in the overnight session. Since then, we've been dipping a little bit. Yeah You could argue that we're getting a small breakdown, but in reality Lit's wait for Market open S P 500 futures are little change as March inflation report looms ahead. Wednesday Thursday Friday CPI report PPI report retail sales Remember it. put it in your diary. Do whatever you need to, but it's gonna get a little bit crazy.
Treasury yields are little change as investors await. Fed Speaker Remarks: Inflation Data: So the FED speakers. There's three of them today. I Believe the first one's at 1 Pm.
We'll get that in a second. Um, but it goes Fed Speakers today. Inflation Report Inflation report, Retail sales, and also lots of major Bank reporting. Um, so actually that comes out just so you guys know.
starting tomorrow Wednesday Thursday Friday We're actually going to be starting the stream early. We'll probably start the stream at 8 15 8, 20 instead of 9 A.M Because all those reports come out at 8 30. So I want to be here with all of you? Um, so for the next three days Wednesday Thursday Friday we will be starting stream early. Uh, so as of now, just a little peek at what's going on.
The Down: The S P: basically unchanged NASDAQ slightly red oil, slightly red, but right around 80. What do we have? Dance Monkey dance? Oh and have a great day Buddy shout out Sam I Appreciate that. That's very kind of you. So here's what you need to know: Uh 130, 6, 30, 7, 30.
we are going to be hearing from Goolsby Harker and Kashkari once again 1 30 P.m ET 6 30, 7 30. So it's going to be in the second half of the day and after the market closes. but three Fed members are speaking today. uh I also in the newsletter here and this is all pinned to the top of chat.
Maybe that's I don't know which way the top of chat would technically be right now. Um, but we started putting in the earnings here I Think it's a little bit more helpful. Uh, so this isn't the full list of all the earnings. these are the ones that you guys just seem to have a little bit more uh, interest in if you will.
So yesterday was till Ray the marinara industry recently getting absolutely destroyed. Today we had CarMax Tomorrow we have LV MH A lot of luxury Brands like think Louis Vuitton uh Thursday Delta I Like paying attention to Delta because it sets the scene for American which I absolutely hate United and Southwest. We also get progressive on Thursday and then Friday As you can see, uh, just a bunch of banks City BlackRock JP Morgan PNC uh health insurance plate United Health Group Uh, health insurance has actually been doing very well this year, so maybe worthwhile to pay attention to. and we also get Wells Fargo Uh, so we're actually going to get three of the four major Banks The only one we're missing is Bank of America, but City JPMorgan and Wells Fargo are three of the four biggest banks. and the one that we're missing out on once again is Bank of America, Uh, and then in terms of seasonality for today April 11th it's favoring the Bulls Profit Factor 3.71 The Bulls win this day six out of ten times, Three out of five times, 12 out of 20 times I Don't know what type of fractions you folks are into, but those are all equivalent. The Bulls win today. Statistically, it's not super dominant. It's not like this is 90 95, but the profit factor is pretty good.
At first it was a neutral day and then about 15 years ago it started to do really well in terms of favoring the Bulls. So pay attention to all this. once again, this is the newsletter that comes out after every single trading day. It is pinned to the top of chat.
it's in the description of the video. I Was going to do this later, but I might as well do it now. Um, this. If you put in the code Goonie, G-o-n-i-e you'll get premium access to the locals Community for free.
You just have to put in that code. Goonie! Um, and I Just wanted to bring your attention to this. the Street Beat Algo competition. This is where you want to post it.
So if you're on street beat once again, you guys should all be on it. Uh, we're doing those AI portfolio generation things I want to make it a competition? So basically I just need you to leave it as account comment here to leave a comment: you have to be a premium member. Typically that's ten dollars a month, but I just want everyone to participate. So put in that code goonie and you'll be able to do this all for free.
You could just send in a screenshot of whatever portfolio you came up with. We're going to do a big like vote thing of whoever's like the community likes the best and we're going to give you some cash. We're also going to give you some merch, um, for just being a winner. Obviously this is free to participate in, but this is where you would just leave a comment under this particular post.
All right. So anyway, later on the week you can see what's coming up. That's all in the newsletter. Easy Peasy Lemon Squeezy I Wanted to bring this up Uh I Thought this was interesting and noteworthy, especially just because we're going into such a big inflation report week and also the start of earnings.
uh Cftc, uh Sammy E-mini S P 500 non-commercial Futures Net This is one of the largest short positions we've seen from hedge funds on the S P 500 in quite a while. This is the position as of the week closed last week. as in heading into this week, the Big Boys hedge funds. Very very negative.
Uh, very, very bearish. In fact, the only time there were more bears in recent history was all the way back in 2011. This is a bigger net negative position than we were right when like The Rona period was like I guess gripping the world in fear there's more negative bets now than there was then. Uh, so shout out to the Daily shot for putting this information together. So I Just wanted to bring your attention to now, just because hedge funds are so massively short. Does that mean that they're right? Well, no, we've seen hedge funds blow up. They can be as wrong as you and I can be I Just wanted to let you know the size of money that's being bet against the market right now, specifically the S P 500. In positive news: Bitcoin tops 30 000 for the first time since June ahead of key inflation data ether Mir's 2000.
So let's just get a real-time shot of it right here: Bitcoin still 30.1 000 and then you have East just above 1900. Uh, both on a very nice, bullish uptrend recently. But I want to get into some of the specifics that I think you should know about? First of all, shout out to Michael Saylor With his recent purchase, he is now officially back in the positive. Uh, his recent purchase brought his dollar cost average down.
He's been dollar cost averaging, but now with this spike in Bitcoin's price, he is officially in the green. Traders are likely speculating that Wednesday's Consumer Price Index number could come in at a level that gives the FED reason to think about pausing raising rates in the next meeting, thereby giving a boost to assets like Bitcoin Are they right? Maybe a lot of people are betting on that, but it doesn't just stop on Wednesday This article doesn't really getting into it, but Thursday is going to get more crazy with the producer price index and then once again on Friday. We're going to hear what's going on with the banks, and that's obviously gonna have a massive impact on the Fed's likelihood of going another 25 bips. Are they going to do nothing? This will all have a massive impact on the dollar and also on other potential stores of value such as gold and Bitcoin.
And obviously, there's a pretty decent correlation with Ether. Monday Night's action brings Bitcoin's year-to-date gains to more than 80 percent, while Ether has now added 60 for the year so far. so usually they're highly correlated, but with the craziness in banking really kicked off by Svb, I Guess you could say a little bit about Signature. maybe maybe a little bit about Silvergate, but I think it's more so specifically the blow up of Svb.
We saw the decoupling, so in March they decoupled and this was people almost starting to. It almost seemed like we saw this cultural movement of how Bitcoin has normally been pitched as the store of value. We almost saw that as a realization flight to Quality and Bitcoin following Bank closures as in people got worried about Banks they got worried about keeping it in dollars I Mean look at the craziness that's been going on with the dollar Index You could track that with Dxy. People were like we want to keep our assets, we want to retain value and all of a sudden you saw a flight to Quality as this article is putting in. Uh, so it's kind of interesting for as long as Bitcoin's been around now just over a decade. a decade. In some change were the initial pitch seems as I wouldn't say it's come to fruition yet, but it seems like we're getting closer to it. On the other hand, Ether has been climbing ahead of its plan Shanghai Tech upgrade which is expected to bring a wave of negative cell pressure on the market.
as previously locked funds on Ethereum are released over the next few weeks, this Shanghai upgrade is going to be going down Wednesday Well, I guess it specifically depends on where you live in the world, but for most of us it will be Wednesday So I just want to put that on your radar for me. I've been watching Bitcoin and Ethereum closely I have both. Um, I Do favor Bitcoin a little bit more right now and this is in no means a knock on Ethereum. it's more of a knock on on the current regulatory stance, at least here in the U.S Here in America it seems like the SEC and the Cftc are trying to do everything in their power to crush all crypto outside of the world of Bitcoin So this is more of a we'll call a regulatory hedge.
But with all that being said, I Would love to get your thoughts. What do you like more do you like Bitcoin More Do you like Ethereum more? Are you just a fan of all Crypto or do you hate all crypto? I Kind of want to get a better idea of where my audience's mindset is at. so I would love to hear from you of I Guess as of now, as things currently stand as we're getting rocking in 2023, where is your mind at on crypto in cryptocurrencies in more of a general sense And actually before we go to that, both Doge I Like both East Well so for the people who are saying, for the people who are saying you like both if you had to only pick one if your options were Bitcoin Ethereum or no crypto at all, you can only pick one like gun to your head type of a situation, what would you end up doing? Uh, Xrp is the superior crypto xrp I Feel like everyone's just been waiting on forever I Think there's better crypto than Xrp AKA Ripple Bitcoin the OJ Bitcoin Bitcoin only eat none Bitcoin is Bitcoin your mom Okay, that's a good one. Uh Bitcoin 100 Xrp only I'm curious why the the Xrp crowd is like Xrp only? Like aren't you worried about the court case that seems to never be coming going against you? Like isn't there concerns there Texas Roadhouse Coin if it existed I would be behind it.
If you can't hold it, you don't own it I mean this is very much why you should have like I don't really care where you get your crypto, but you should be storing it safely and securely. Solana I have a little bit about of that, but that got seemingly super destroyed. It seems like it's now tied up in the world of FTX and David Sack Solana just got absolutely murked Bitcoin Uh, Ethereum. I'm just curious for them I understand why some people like Bitcoin over ethereum, but for the people who like Ethereum over Bitcoin If you could share just a little bit of your thoughts of like how you came to that conclusion um I would I would love to hear from you in the meantime while you're coming up with all your fancy schmancy thoughts uh Alibaba to roll out his arrival to chat Gbt across all of its products Chinese Tech Giant Alibaba revealed its chat style product I'm gonna like I try to figure out how to pronounce it I even looked up the pronunciation um and I had it down for a second and I'm just gonna butcher it so I'm not even gonna try uh but this word right here uh man. I I was doing that pronunciation thing for so long and I thought I nailed it. but now I'm just gonna embarrass myself. Um, but anyway, Alibaba's chat DBT competitor will possess Chinese and English language capabilities the tech giant said at their recent Cloud Summit We are at a technological watershed moment driven by generative Ai and cloud computing and business across all sectors have started to embrace intelligence transformation to stay ahead of the game so looks like even more legitimate powerful Powerhouse Tech companies are getting into this game of AI I Love it for many, many reasons, but mainly for the reason we're here to talk about Finance I Think we are at one of the coolest moments to be an individual Trader and to finally get a leg up because I truly, truly truly believe we can leverage AI to create ourselves profitable trading strategies that they do all the work for us. To me, we're in this game of trading to make money, ideally make money efficiently, to have extra time to do whatever you want with your life.
And to me, AI Robotic trading Systematic trading whatever you want to call it is such a clear doorway into that particular world. Before this, there was always barriers to entry of: I Don't know how to code I Don't want to learn how to code I'm not even sure where to run the code, but now certain companies are making it so incredibly easy. Maybe you agree with that? Maybe you don't I I think I'm going to be right on this one. I Really, Really? Do I Think this is AI Trading Systematic trading, Robotic trading.
It's been around for a while. Uh, you could say that it's been like really around for the past whatever. 10 15 years and it's just getting more and more popular. But I think we're at an inflection point.
almost like the hockey stick growth curve right now. where I think it's about to get massively massively popular. Um, so we'll see if I'm right. We'll see if I'm wrong.
But I'm particularly excited Japanese Trading houses rise as Warren Buffett raises stakes and says he may buy more Warren Buffett Told Nike he is considering additional investment in Japan's five major training houses. Berkshire Hathaway has raised its stakes in all five trading houses to 7.4 percent. Shares of these companies have been popping right now. I mean Buffett when he gets behind something, he has such an effect of it, they all just seem to go. So apparently Buffett really likes what's going on in Japanese Trading Houses here. Let me drop that. And then we actually even have some commentary from CNBC. We're not going to listen to all of it simply because we don't have time, but I just want to give you a little bit.
Oop, Nope, This is why I have this one. This is why I set up this screen Andrew Good morning everybody! Um, we are live in Tokyo with Warren Buffett and as you all know you know, Warren Buffett has been somebody who has always preferred Omaha over the Financial Centers of the world. Uh, it doesn't mean he's not interested in the Financial Centers and he does visit from time to time. In fact, that's what he's doing this week he is in Tokyo this week.
Um, it's first time he's been here in 12 years. but he's come because he wanted to check in on the five trading houses that Berkshire bought a position in back in August of 2020.. back in August 30th of 2020, he actually announced to the world that he had accumulated a five percent stake and the five major trading houses into Japan the biggest trading houses. That's big news, especially in Japan but around the world too those companies You can see them on the screen here at Tuchu, Mitsui, Mitsubishi Maribini, and Sumitomo those are the five major trading houses that are responsible for so much of the Japanese economy.
They do everything from importing things like energy, materials, textiles, everything that this, the resources that this nation needs, to making sure that they're doing financing for everything that goes on. Beyond that in in all sorts of places in the economy including manufacturers. and Beyond Um, those five trading houses are known as the Sogo Shosha. It's a very important part of the economy and uh, he's here meeting with the heads of all five of those companies.
We knew that he bought five percent. Uh, again, back in 2020. August of 2020 he had accumulated that position in November. We found out that Berkshire had bought an additional stake in each of those companies, bringing it above six percent.
And and guys, he just told us this evening that he has bought uh, 7.4 percent stake and each of those five companies. The implication is that they could buy even more. He's been meeting with the heads of those companies today and is expected to continue meeting with the rest of them tomorrow again. This is the first time he's been in Japan uh in about 12 years.
Last time he came was one of the things he's been doing is again talking to those companies. but the Berkshire is also issuing a major Bond issuance in Yen. Berkshire is the largest foreign entity to issue Bond and Yens here in this country and they had about 55 billion that was coming due. 55 billion in Yen that was coming due and maturing. Part of that is to replace the amount that's maturing. There's been a lot of speculation that this could be a move to invest potentially more in Japan as well. You get the idea there. Warren Buffett causing serious money down in Japan.
Five things to know before that: Bell goes Ding Ding Ding Ding. Look at that I was right Tuesday April 11th. All right, let's see where we're at. Uptick: Uh, markets are looking pretty good.
There's a little bit of optimism as we're going into some pretty gnarly events. This is an environment to be reactive, not predictive. I wish I could tell you which way the CPI PPI of retail sales and earnings would all go I'd be infinitely wealthy if I could. Alas, I cannot I don't think anyone on this planet can.
So I think it's our job to just stick to the basics: basic risk, basic reward wait for the event to come to you, wait for the trade to come to you. Credit concerns right here. Uh, I had the graph. What you need to know is in terms of getting credit.
We're now actually at one of the most uh, in terms of the difficulty of it. This is a measure of the difficulty of receiving credit where we're actually like really trending to the upside. so there's definitely a bit of a credit crunch breaking through. Bitcoin 30k we talked about it.
Congrats to everyone who's still holding. I still have mine. well, some of mine, a lot of mine is actually laptop and Voyager is something I really don't want to think about. Um, but right now Crypto looking pretty solid Oh Canada right here Ukrainian Prime minister is in Canada for an official visit I'm sure that'll do something to piss off a lot of people.
unplug. Next time you're far away from home on low battery, you might think twice before plugging into a public charging station. The FBI is warning users about free hookups, saying criminals have hijacked some of this stations and infected them with malware that could Grant Hackers access to your personal devices Juice Jacking that's a fun name. Do you think someone at the FBI like was at an official meeting of like, what should we call this and they're like oh yeah, Juice Jacking when did they come up with that? That's that's a great name.
Juice Jacking I Want to be a Juice Jacker That just sounds fun. A little bit later, we're going to be talking about Robin Hood and their recent legal woes. So uh, you definitely have that to look forward to. Let me move this over here.
And other than that, pay attention to the downside. Gaffle on the Spy It's small this morning I Mean we're at 4 10 22. There's now another downside: Gap Fill to 409.69 The Hive yesterday. So this is your potential trade alert of the day.
Downside: Capital To 409.69 Looks like we're going to be opening up around 4 10 and some change so a little bit you could squeeze out of that. Once again. 409.69 Uh, what do you guys want up on the screen Tesla had a nice pump. FRC is actually looking pretty decent. What do you guys want up here? Meta is Meta up is oxy going up is uh you guys you shouted out you let me know what you want this other screen to be We have FRC we have Tesla we have the overall Market public ones out socks. Make sure you let them know you want. Opt out. You could easily opt out.
Uh AMC has your attention I is AMC doing anything AMC's been super boring. we're we're just waiting for the court case to play itself out dignity. ding ding ding The casino is open. Best of luck to all.
Play responsibly if not have fun. Remember you only live once. Uh I don't think really many people care about AMC How about gold gold chilling at 186? How's TLT What are bonds up to 107. uh, looks like we're very quickly going for that Gap film.
Do not forget today. seasonally the Bulls are favored also Today starting at 1 30 but then going late into the evening we have three fed member speeches. Uh, we are going into the CPI report tomorrow morning an hour before the Market opens. I will be streaming that hey quick shout out right now.
just so you guys know if you're watching this, it's going to be a crazy week. CPI Report PPI report retail sales Wednesday Thursday Friday In that order, the streams will all be starting early. For the next three days. we'll be starting the stream around 8, 15, 8, 20 because all those reports come out at 8 30.
So I Know it's a little bit of a pain in the ass, but I need you folks to get up early over the next couple days like set your alarm I Don't know three, four, or five a.m Uh, do we hit the Gap though? We almost hit the Gap fill. Did we hit up? We just hit the Gap fill. You know that countless for I'm sure someone in here did anyone in here take the trade? I'm sure someone in here had to take that trade. Um I just need one person to be like I took the trade and then we can celebrate by playing the Wall Street song.
you can't make me but I hope it rips Wall Street Well, someone had someone has to tell me that they made money so we can actually celebrate it I can't just I don't want to diminish the value of the song by just playing it willy-nilly all the time all uh, while they come I took the trade All right I I believe you lost Wall Street Got their eyes on me Wall Street There we go There we go. A little bit of a party, so a little quick play there that just shows you Gap fills the odds of these gaps being filled extraordinarily High extraordinarily High Um, not 100. There's no such thing as 100 of the market, but that's something you could look at. You're going to want to back test it if you're looking to play it.
Obviously, the odds are different per ETF per industry per major Equity you're paying attention to. it's not like the odds are consistent across the entire Market I Personally done the back testing on the Spy, the cues and the Russell and the odds are all really good there. I've looked at some of the majors as as well. like the major Blue Chip stocks such as like Apple pretty solid there. The odds do change. Uh, but my favorite place to employ that trading strategy is the S P 500. So if you're looking at the Spy SPX es if you're on the Futures Market uh, that is my favorite place to use that strategy. Uh, I'm still in AMC Still discouraged you and me both.
Uh, you and me both. Uh, it's it. Feels like we're watching. like if Adam Aaron's career were playing.
It feels like we're watching a plane crash into the side of a mountain. Is there any chance Doge hits one dollar this year? I Have absolutely no clue. Doge seems to be fully manipulated by the likes of very popular people such as Elon Musk And yeah, I I Can't make a prediction on it because it has nothing to do with Finance It has nothing to do with Supply demand. It has everything to do just with trolling.
And who's in on the joke? That's what runs on Doge So that's more of a cultural prediction I would argue than anything else. I Mean it could it theoretically. Yes, it could go that high. Will it? I Mean that's quite the push I Mean where's Doge at right now I mean I It feels like the the odds are extraordinarily low.
It's at eight cents. So you're saying, can it make a multiple hundred percent gain I Mean we've seen crazier things happen Jesus I Really have to scroll just to get this all the way to a dollar? Let's see a one thousand percent gain. Is it mathematically possible? Yes, it is possible. Will it happen? I mean Doge's chart kind of looks like so I think the odds are low but they are not zero.
but it this once again it's not a financial argument. it's not an economic argument Doge runs on memes, it's a troll. It's just it gets pumped on random things like the Doge Shiba Inu becoming the whatever the mascot, the logo for things like Twitter which apparently Twitter's no longer Twitter I Don't know if you guys saw that news. Uh, the legal business name of Twitter is now x uh so that came out in some filings.
Uh, Bbby BBY is a horrible company that is heading towards bankruptcy. Wait, are you? Are you excited about Bbby? because you're a bear? Travis Travis Martin I Hope you're calling out Bbby as in like yeah I've been shorting it, making a shitload of money. No, it's X-corp Oh I thought it was just X um Travis I Hope you have not been bullish on Bed Bath and Beyond like I Hope your excitement is like I've been shorting it from like ten dollars and I have so much money I have put on Bbby? yeah Matt you should be a little bit more so I mean this thing. like the company has said it, this isn't even conjecture.
They're like yeah, I know things are really really bad. like we're basically blowing up LOL Nope in it. Um well. I good good luck with that brother I I Don't want you to lose money, but I think you are fighting some very serious headwinds. but hey what? I knew crazier things have happened in the past. Uh, if Doge runs on Magic because memes are magic I Would concede the fact that memes are magic. it's kind of philosophical of you, but I would agree with that. Tesla plus two percent Tesla I Don't even want to look at my posts right now I have spy puts and Tesla puts and they were looking good until everything decided to rip yesterday and now I feel all forms of sadness.
Hey, you finally popped up in my YouTube homepage today. Didn't have to search you this time. That's celebration. Let's play another celebratory song.
People are finally. uh uh, which one? Oops wrong one oh my. God Stop bro. I'm it was at this moment that he knew he up bruh.
see this soundboard I Feel like we haven't been using utilizing the soundboard to its fullest capacities as of recent. So I need to make a effort to fix all of that I need to make a clear whole. Like a clear, clear effort to fix that. So a red or green day today? all that's a good question.
What's your votes? Everyone comment red or green Are you bullish as in green or bearish as in red. Overall Market What's your vote? What's the community say? uh, you weren't in my feed I had to search for you animate or Swift All I can say is if you're Sub make sure your notifications are on like when you click on it, there's a drop down like click on the bell and then on the side. Make sure it's set to all notifications, not just personalize. Put it to all notifications.
In fact, if you guys have been having issues with notifications, if you guys could give me a rural or I mean I guess give it a whirl. And this is the main thing that the Creator support which is one of the biggest misnomers ever because they're really just asshats, um, your notification, there's a bell icon, click on it, then on the side, switch it to all notifications, not just personalize and you should be getting these. Coin follows: Bitcoin Bitcoin goes up, Coin goes up. Yes, there's the direct correlation.
Uh, because Also, it's actually even more than that just because as it goes up, transaction fees get higher so they make more money. But also as it goes up, there's more excitement so more people are trading. So when things are good, they're really good. When things are bad, they're really bad.
That's pretty much the business model. Wait YouTube said I was stupid. So I fixed that. they're It's insane.
My commentary with them oh I could read you. this is, uh, an email that they sent me I wanna I audibly laughed out loud when I read part of this and I just want to share it with all of you. Uh, this is from creatorsupport at YouTube Is this one it? uh, I want to find the exact sentence since we want all of our creators to only receive factual data. Please know that the term Shadow ban is not something that the YouTube Team encourages or uses because such a process simply does not exist on our end. But this is exactly the kind of word games that Twitter used and they got caught with in literal a literal like government Congressional Setting they're like we don't Shadow band and then they're like, what do you mean and then all the information came out that they do Shadow ban and then they're like oh well, we just call it D boosting I Have a very, very strong feeling that that's exactly what YouTube is doing. So in actual effect it's the exact same thing as Shadow band, but they're like, well, no, no, we don't do that and like in reality they just call it something else. This is the exact same thing that Twitter got caught doing and I highly doubt that YouTube is any different. What was the other thing that's not actually even the first thing? Um, uh, we.
We don't Banner block any creators from reaching viewers unless a video channel has been taken down blah blah blah. First, we will emphasize. Firstly, we would like to emphasize that we have no manual control over what gets recommended on every viewer's account. Each viewer will have a customized list of recommendation based on several factors.
So they're basically saying that they have no influence on what gets served to you, which as we all know, is actually Beyond Laughable. They're like no, no, and that's so right there. You even say how they do it, they're like we have no manual control. Oh okay, so you don't do it, you just have a code or change the algorithm so it's not manual so like they're always.
It feels as if they have like a lawyer right over their shoulder like okay, that's legally all right to say, but that's legally not our right to say the same thing they quoted Shadow ban So we use that almost as a colloquial term to say that someone is like de-boosted as in the their content is not pushed out to the masses and they're like, well, we don't do that, but you probably do. You probably just call it something else. And then on the flip side, if we don't manually control, it's like, okay, well, your algorithms are controlling it and someone programs the algorithm so like it's just BS So that is. It's just insane.
It's just absolutely insane that they can say that with a straight face. It seems so like I just don't know as a imagine if you were put in that situation where you just had to sit there and like, not lie because they're technically not lying and that's why they're very specific with the words. But to know that you were, um, intentionally withholding the truth, uh, like, almost like a Lie by abstention. It just seems so odd to me.
But anyway, here we are. With all that being said, we can fight back, hit the like button, hit the Subscribe button, and more importantly, if everything goes to the like Wayside and we get blown up over here on YouTube, we're always on Rumble so make sure you're over there as well. Like sub on both. Uh, just hey here. talking about money and finance. Diversification is key. Risk management is key and that's one of the best ways I can feasibly do this. Uh now.
I'm having flashbacks to when I got terminated and I had no reasonable alternative to save myself. but now we do. Times are a changing. that handsome hair swoop.
this one. it's Maybelline it's very much Maybelline No, it's just everything in my life is crushing it because I have a top G mindset and I've now done my second ice bath. Folks, if you're not doing ice pass, this is now an ice bath. Community That's entry into this community.
A lot of you erroneously believe you could be in this community by simply hitting the Subscribe button. Uh, and that used to be the case. but as of April 11th 2023, you have to hit the Subscribe button. but you can only hit the Subscribe button if you take an ice bath.
So that's and no one's getting grandfathered in. I See, Trex is already angry. My own mods, angry cooties, angry Everyone's saying that they're out. Well, No, that's cool.
You're just out of the community then. Um, no one's grandfathered into this. If you didn't go to a Romanian jail, you can't beat top. G That's what you would think if you didn't have a grind set the way I do.
It's this. that's just not a good grind set man. Nick You gotta upgrade. You're like on the level B grind set mindset the grind set mindset level.
B We got to get you up to level A. This is all just one giant grind. foreign Ardo says he is angry. uh Leonardo Feel free to share.
Why? Uh, Statistically, there's probably at least one registered therapist in here, so I'm sure we could help you out. You're angry. Have you tried screaming at a random person who doesn't deserve it? Like maybe that had a slight negative impact on your day and you just unreasonably blow up on them? That is always. That's like my go-to I Have no ice bath still your neighbors.
I'm hearing a lot of people that just don't have a grind set in here right now and I think you just need to reevaluate I just haven't done a nice ice pass. Maybe I'll tap into that level a registered therapist or registered for therapy I think either counts. No notification. boohoo YouTube Squirrel Nuts discounts I Don't know why that's funny.
Uh, you have to hit the Bell icon I'm told and then the Bell icon. you have to click on that. There's like a little drop down and you have to switch it to all notifications instead of personalized. This is just what I'm being told I honestly don't even know if that process is the proper process.
Can someone in here Fact? check me on? That is the information that I'm being told from Creator Support even real like I can't do it with my own channel I guess I could fact check it with someone else's Channel When you click on the Bell icon is there then a drop down that once says all and another one says personalized like am I just giving out random things that don't matter. Have been around for two plus years and never had an issue. I I Don't know why I have to explain YouTube's bad Tech Like it's just it doesn't feel like my job and then they just blame it on you folks. They're like, well, your your audience just doesn't know how to hit the button YouTube is juice jacking. It feels like YouTube is juice jacking. It very much feels like YouTube is juice jacking Folks, If you haven't already, sign up for the newsletter. This is also where our training competitions will be going down. You can get in for free.
The code is Goonie. It's pinned to the top of chat. It's in the description of the video. Just click it or go to Macross.locals.com When you sign up it's free.
Just put in the code Goonie, G-o-o-n-i-e and it will work. I Promise you just sign up Code: Goonie Macquares at Locals.com Pin To the top chat in the description of the video. If you don't sign up I'm gonna find you I will show up at your place of work and I will make a scene I'm going to start screaming like I am some sort of a strained lover that you broke my heart I'll make a scene right in the middle of your big pitch. You're going to be there and be like hey, I have a new marketing campaign and I'm just gonna kick in the door fresh out of an ice bath and I will make a scene I will be juice jacking everyone in your office and it's it's going to be an issue.
It's no one is gonna ever forget this. I Just want to throw that out there. Test me. If you don't think I'm being honest, test me.
Get a juice Jack Your whole office I don't even know what that means. It's set to personalize by default. not all notifications. yeah.
Switch it over to all and see how that works. Oh, we're juicejacking. You think it's funny now Christian but you just wait till I show up. uh Citadel's Ken Griffin gives 300 million to Harvard University Yellen We remain Vigilant to downside risk given war in Ukraine recent pressures on banking systems Yellen says U.S Inflation remains too high, but has moderated over the past six months.
Shout out to profit uh for share in this Uh Yellen U.S Banking system remains sound with strong capital and liquidity positions with Global Financial System is resilient. Does it? Does anyone on this planet trust? Yellen Who do you think people trust more? This is a tough one. so I understand If it's going to take you a second to think about this, who do you think people trust more? Pelosi or Yellen that's a tough one. Talk about the lesser of two evils.
Who do I trust more Pelosi Or yelling. that's a tough one I think I don't want to look at chat because I don't want you guys I don't want to just seem like I'm going with the popular answer so I'm looking away as I really try to Who do I trust more? Who do I expect to lie to me less I think I have to go with Yellen I think I have to go to Yellen Not that I like it. It's not like I hate trust her but I'm saying on a relative basis to Pelosi I think I trust Yellen more than I trust Pelosi I mean obviously I don't trust either of them. Neither wasn't an option Pork Shop went with bullet. It's a tough one. It's the answer is always Psyduck Yeah, of course you can't trust either. That's why it was a tough question. If if you're just copping out and saying neither, well, you're not enjoying the fun mental games we're playing this morning.
Uh, we can compete against super computers. Uh, the longer I'm in the market, the more I realize there is a serious and too much manipulation available to companies with big Tech As then they just have better data sets. I Mean there's a difference between like doing something that's outside the bounds of the game or just being better at the game. like if they're just if you go out of your way to hire programmers and have Superior Tech and do better data analysis, well, you're just better at the game.
That's not illegal and that's in my book. Not immoral. It's just a better player at the game. Um, obviously there is certain bounds that can be crossed where it gets into the world of actual nefarious manipulation.
Um, but if someone just has better data sets and better Tech and better coders and better quantudes, like you're just better at the game. No, they have the cheat codes like R2 up square square L2 Like that type of a thing they probably do. I mean it's all a simulation anyway. Like does it really matter? Like we're just in one of the most wild variations of the simulation ever.
Think about how Wild our simulation is. the Dalai Lama was caught on camera telling a little boy to suck his tongue. That's the simulation we were put into and you guys think this is real. You guys are waking up every day like you're probably the same people who think birds are real like I mean just don't get me started on it Like let's let's be honest here, we got put in a wild simulation.
Just enjoy the ride. Just enjoy the ride because you know, like it feels like hour. Coders for our simulation are like they're either drunk or they're high or they're asleep at the keyboard. I Don't know what's going on, but we have been spinning off in a wild.
Direction Pirates, pirates. It's my sick dream sometimes I've thought that of maybe years ago I hit my head I'm in a coma and my brain's just going nuts and I feel like maybe one of these days when I wake up from it, they'll be like you've been in a coma for like years. like what happened and I'll just be like get Me Away from the Dalai Lama uh not sure about birds. You shouldn't be sure about birds. their sauce birds are all sauce. If you guys ever realize how big an albatross is which at first looks like a normal, like almost seagull. but then you dive into it and you realize we're on a hang on lower right. At first you're like okay, cool in Albatross nothing special.
kind of looks like an um, a seagull like whatever you're like I've seen those before and then you do a little bit of a deep dive into it and you realize that the wingspan is nine and a half to 11 feet. These things are monstrosities. They're huge I just don't think we we need to do near human I need to give you a size comparison. Look at that.
that's A. They're trying to tell us that this is real. The government. the global government is trying to get us to believe that this thing is real I mean I've said it before and I'll say it again.
I was born at night but I wasn't born last night. These things are gigantic I can't look at that. Yeah, oh, that's real. All by that, look at that.
Well, that's not near a human. You guys get the concept here: I'm not sure how this will or won't help you with trading, but it feels like pertinent information to share. Just a oversized seagull. And now you've learned something.
I Like to interject at least one useful thing per stream so you feel like it wasn't a complete waste. So no matter what, when you leave it today, you're gonna be like, well, at least I Learned about the size of an albatross from Matt Their wingspan is from nine and a half to 11 feet. When fully grown, they are monsters. Dinosaurs never left.
They are here and they apparently have a lifespan of 42 years. They are here. they're doing well, and it's just not getting enough traction. Look into Pandas.
Wait what? What about Vandals Like I'm just getting like a hot tip, but you're acting like I'm some sort of like hardcore journalist and like you're sliding a piece of information. You're going to want to look a little bit further into pandas. Oh, just trust me, once you go down the panda. Rabbit Hole You'd ever come back.
Uh yeah, we should invest in in Albatross maybe we could create like an albatross Farm somehow I mean these things. they're workhorses of the sky. They are Clydesdales of the sky. Like if I didn't want to really bring this up because I want a more formulated business plan? but I'm thinking we could disrupt the entire moving industry.
like when you're moving your apartment, your house, your office. I Think we could dismiss the or disrupt the entire moving industry if we simply had an army of albatrai with us. I mean so much faster. Like we'll just strap everything up to these literal horses of the sky and just fly it straight.
Direction We you can move a two-bedroom apartment across the U.S in probably like six hours I Don't know. I'm not a mathematician I'm I'm the idea guy. You guys can work on the logistics. Uh, but I think it's um, definitely an industry that we could disrupt and make some serious money and all we would need is a form of Albatroy. Uh, just moved Birds would have complicated things. Sounds like you're a shill for the typical moving industry. Bitcoin is still looking good. It's looking real good.
I Can't believe my own mod is Shilling for the truck moving industry right now. Anti-albatross Also, anti-ice bath. Just want to bring it up. just want to bring up some facts.
So Bitcoin Looking great? Uh, the Spy it's holding on to. Basically, it's now for three times. Bounce off of yesterday's high. We're basically sitting at the high of yesterday.
the highs intraday are going lower. Be careful these types of wedges. they they can do like a reverse. it could.
Basically, here's what I would watch: I'll make this easy peasy lemon squeezies. You're either watching for a break to the upside of this trend line connected to the two highs. or basically 409 60 409.50 This is the wedge formation we're in. There's really not a trade, especially if you're a day trader.
Um, if you're looking for just like really short-term trades, there's not really much you could do on the overall. Market Until one of these things happens, you need a breakdown and a confirmation or break up in confirmation. Uh, there's probably a couple tools you could use to let you know what's a little bit. More likely you could start employing things like Keltner channels Bollinger Bands RSI Macd.
Um, they kind of all show you the same thing in slightly different ways. Uh, just momentum. Uh, they're all momentum oscillators essentially. but that's what I'd be watching.
This is what I'd be waiting for. We have lower highs, we have the same low. uh, it's just basically are the Bears gonna defend this line or the Bulls going to defend this line? Let's see what's going on. Do not forget there could be some apprehension going into the FED member speeches today.
The first one starts at 1 30. the other two are after the market closes. Then there could just be generic apprehension going into tomorrow because tomorrow we get the CPI report. The next day we get the PPI report on Friday We get retail sales and a bunch of banks are reporting your friendly reminder I will be streaming all those we're actually going to be streaming even earlier, even longer.
Uh, the streams over the next three days will probably be starting around 8, 15, 8, 20 in the morning ET instead of 9 A.M We're gonna be starting about 45 minutes earlier so we can pay attention to those events, listen to the news, and ideally come up with a better game plan. What do we have here? Uh YouTube Chat buys Albatross Stock Albatross Oop spy might be snapping here Tesla Coming down FRC Flat FRC Really hasn't been moving much. Rum is up. Rum's been having a good day. Shout out to: Rum Shout out. Look at you guys. Look at you guys over here on Rum. If you're in the rum chat right now talking, you're somewhat responsible for this Upward movement.
So congrats the Spy Getting a little bit murky murked right there. Uh what? Let's see if we can find the next. Um, it's already at the next level of support. I Mean there's support in this region so we're still at support.
Uh, the next Target would be 409 Flat. You can see Resistance Support 409. We're watching 409 and then after 409, we're talking. Oh, this is easy.
today. it looks like we're watching 409, 408 and then 407.50 are the next major levels To the downside. I'd be paying attention to. Um, this could just be like yesterday yesterday.
The first half hour was a little bit bearish and then for the remainder of the day, it ripped just because we came out of the gate. As like a little bit of negative Nancy's that doesn't mean that's how the whole day has to go I Want to be very clear about that? Um, the odds of like the first opening session like the first couple whatever 15 20 minutes, uh, being indicative of the full day is about 50 50. So it's as good as flipping a coin as in a red open or a green open doesn't really have much influence on where you end up at the end of the day. now.
I Have read some papers that where you go all day is indicative of what you're going to do for the last half hour. I've tried to make that a usable trading strategy I Can't seem to make it work, but there's some big wigs fancy Pizza People at whatever school who did write up that paper and they allegedly have data to support it. um I myself I Just want to let you know I haven't been able to recreate it, but those people have said that there is a statistically High likelihood of the final half hour duplicating or furthering whatever happened that day. So if you have a green day, you're looking for the final half hour to be green.
If you're having a red day, you're looking for the final half hour to also be read. Uh, so it looks for a continuation. I've tried to trade off that strategy and I have not had luck so just want to give you both sides of it. Just want to give you both sides of it.
Uh, love rum and coffee. Like rum. The drink the pirate drink in your coffee. or do you love drinking coffee while on rumble or training? Rumble Where are you at with that one? Love ya 83.
Why is the rum always up? That's a good question. Sign up for the newsletter if you're joining in right now. Or if you've been in here and you haven't signed up. Sign up.
Sign up. Sign up. Pin to the top of Chat in the description of the video Macquares.locals.com You'll get the newsletter. You're going to be a part of the future trading competitions.
It's free. Just put in the code. Goonie, G-o-o-n-i-e It is free. It is free. It is free. Use the code. Gooney You get the newsletter. you'll be a part of the trading competition and maybe I'll send you Secret videos from Ice baths.
We'll start an ice bath challenge I Don't know, you'll figure it out. you're an adult. All right, let's drop this to the three minute. Then there are a couple other things that I want to go over with y'all today.
Where are we at? It is 10 so that's a good time to do. It looks like we are getting a continuation as of now to the downside, but we're only 30 minutes into the day. Bitcoin BTC The King of Crypto, the grandfather of Crypto is looking pretty damn good. Ethereum's looking pretty good.
Makes me almost want to check in on my Crypto account that I've just pretended hasn't existed over the past like year because it's been painful I Know it's going to be bad, especially because so much of it lost was lost on Voyager but we'll see how it all plays out. Uh, China PPI has been very weak, trending lower each month. Latest was a drop of 2.5 for March versus 1.4 in February Uh, what happened to the reopening? What else do we have? What else? I Just want to see if I'm missing any breaking news Blackstone raises 30.4 billion for latest real estate fun. That's a lot of dollars, that's that's definitely like more than six.
Uh, what else California Two front 20 down payment was zero percent interest for home buyers with incomes up to 211 000. Feels like California is really doing whatever it can to keep people. We have some people doing some technical analysis on Bitcoin 2015, 2019 2023. Maybe it will lead to an upswing? I'd be stoked about it.
Why not? Why not? Why not? Why not? Uh, what else do we have Legit seeing if I'm missing anything? Obviously, if there's any breaking news, feel free to send it my way. Country Music Star: Bud Light from Nashville Bar over Companies partnership this is John Rich from Big and Rich I Met him once. actually it was a rumble event and he happened to be there. uh John Rich is very close with Rumble Uh, so interesting that uh I mean when you're a massive especially country star in Nashville they pretty much all have their own bar there I Don't know if anyone in chat right now is from Nashville or has been to the area.
Uh, but all those people have their own bar and obviously he's one hey ice bath ice bath brother. That guy seemed a lot colder than mine I think I need a bigger ice vat in my freezer so I could put even more ice into it. Maybe that will be my project this weekend. Maybe your boy will go to Home Depot and figure out the proper ice fat situation just so I could get more and more and more.
Uh Charles LeClaire uh Ferrari Formula One Dryer has pleaded with fans not to show up at his home. He said on Instagram that his address had become public and that his fans had be gathering to ask for pictures and autographs. That sounds like hell. You definitely should not do that to people like their own home. That just feels like a weird invasion of privacy. yelling U.S Banking said all right. We talked about her, We talked about Yum. All right, doesn't feel like we're missing anything major major um, spy trying to hold on to the 409 50 level Bitcoin coming down a little bit but still above 30 000.
Tesla's showing a little bit of weakness, but overall still some consolidation. I'm coming down a little bit but still the biggest gainer on my watch list which brings me to a piece of news. I Want to go over just a little piece of news? Stop me if you've heard this before, but Robinhood is in trouble or probably I could better state it by Robin Hood is in trouble once again Robin Hood Fined 10 million dollars over platform outage in 2020? That might sound like a lot, but as I'm about to get into this is pretty much them just paying a little speeding ticket and I don't understand how they get away with this time and time and time again. and then I started to look into it more in terms of what the Insiders with Robinhood what they're doing and all of it seems a little bit sus.
So with that being said, let's hop right into it. The North American Securities Administrators Association that's a Mouthful has issued a 10.2 million dollar penalty against Robin and over poor Communications with its customers and trading outages on its platform in 2020, this is probably going to make you mad as we get into the details of what happened and how all their clients were basically screwed over the fact that they only have to pay a 10 million dollar fine when we're talking about a 9 billion dollar company. It's ludicrous. It blows my mind.
I've tried to make sense of it and I just get frustrated because it does not make sense. The investigation involved a close collaboration between the Nasaa and securities. Regulators from Seven U.S states. So here's what happened in March of 2020: Robin Hood experienced a platform outage that lasted for two days, preventing users from buying and selling securities during one of the most volatile periods in the stock market's history.
As a result, many users missed out on potential profits and eat some even lost money. Funny how that works in one of the most volatile periods ever. People are locked out for two days, missing out on potential gains and then some a