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Stocks, Crypto & Breaking News
The Matt Kohrs Show
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#Stocks #Crypto #LiveTrading #BreakingNews #Live #AI #AITrading #Ethereum #Bitcoin
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.
Foreign sir, tender heart is harder sometimes I guess it's a mess. foreign I Love you brother over brother. Good morning, good morning, good morning. A really good whatever time of the day it is for you currently I kind of always speak as if we're all just on the East Coast together and I think some of you guys are on the East Coast but then some of you guys are nowhere near me so whatever time of the day it is for you TGIF as long as it's still Friday for you which I think it should still be Friday no matter where we are in the world but someone might need to fact check me in them.
and also you'd have to believe in the Gregorian calendar not saying I Do not saying I don't but I folks it's Friday Do you guys know what that means It means it's Anything could happen Friday That's the best part of the Friday show is it's kind of my least planned out least serious show of the entire week. So if anything could happen, Friday Anything could happen Friday if you guys you can name it right now and that could theoretically happen today. if you guys were like Matt we need you to switch it over to your phone and live stream yourself driving to Texas Roadhouse and then going there and then getting yourself a half rack of ribs for breakfast. Theoretically, that could happen today.
On the flip side, if you're like mad same thing, get your phone, hop in your car, and go down to Atlantic City and then bet ten thousand dollars on the first roll of roulette wheel that theoretically could happen today. Not saying it's going to, but that is within the realm of possibility because it's in within the realm of anything and it's obviously Anything could happen Friday Um, so my point here is just buckle up. You never know and I don't want to knock your socks off I don't want to get any of these new lawsuits saying Matt knocked my socks off so I'm telling you to strap them in I Also want to remind you that it's Mother's Day weekend, especially if you're in the US I don't know if it's Mother's Day weekend in other countries I Assume it's a global event. a global holiday if you will.
So Sunday is Mother's Day this is your FYI This is your public service announcement. This is your final reminder of the week that this weekend is. Mother's Day Don't forget, don't be that child. Don't be that person.
Do do something. Do something zero Matt Crushed my Twitter dreams I Have to admit I was laughing quite a bit when I was reading our exchange this morning. I Appreciate you for making my morning uh, shout out to Zero. Almost got a follow for Matt cores, but it turned out to be a fake Mac course account and this is why all these fakes all these scammers out there.
They should get reported. They should absolutely get reported. Well folks, as many of you know, we're here to talk about the stock market, the crypto Market The options Market Maybe a little bit of breaking news and the main thing I've been focusing on is the banking sector crumbling. especially the regional banking sector. Pac West Western Alliance Zion FHN The list goes on and on and on and I'm a little bummed I'm gonna be honest with you I'm a lot a bit bummed things are not going. They're not going North by any means. For me, they're going south and they're going south for me because those banks are actually kind of going back North So it weren't in a weird Paradox right now. But basically I'm betting on these things crumbling and they are not crumbling every time.
I Feel as if they're about to crumble. They just don't. Something saves them and it just makes me so. I Find it irksome if you will.
I I find myself very recently, uh, primed to become irked and that's where I'm at and I'm kind of sad. So if any of you guys want to give me reassurance, uh, if you just want to pump up my bias for no reason and just be yeah, man, don't worry about it like it's gonna happen like soon. Just hold on, have patience. I'm all here for it.
I Just need you guys whether you believe it or not. If you Just want to spread some of the Good Vibes and be like yeah man, like just you totally didn't make the second or third dumbest financial decision of your life, just have a bit more patience that's going to pay out. Uh, obviously fortune favors the Bold Um, that would be very nice of you. Average Down: uh I've already put a lot of money into this play I don't know if it's smart to be putting more money into it.
It's like that same concept of when I bought FRC and everyone's like yo average down well I'm really happy I didn't because if I average down I just would have lost a lot more money. Um, so um, I'm feeling a little bit iffy, feeling a little bit iffy. remember Lehman Brothers hold your puts I Really want to get one of those shirts that says Lehman Brothers risk Department 2008 or just like, uh, one of those one I don't know I feel like it fit my vibe I Really do? uh Dixie spiking Well, that's good I Want the Dixie to spike I Want volatility, the vix, the spike I Want the market to come down. but right now the Spy is essentially gapping up and we've been chopping all week.
Friday of last week was a really nice move to the upside. Well, it sucked for me because I was short, but it was at least a nice Trend like it was a big money making opportunity and ever since then we like this week has been nothing but chop intraday, we're getting involved, moves up and down, but if you look at the daily chart, we're just essentially successfully going nowhere. So I want a big move? and I would love for that big move to be to the downside, but that's obviously my bias. Uh, there are major things we should be paying attention to such as the debt limit such as the crisis in the regional banking sector such as inflation such as the consumer sentiment report that will be coming out at 10 A.M Today, there are a lot of things that could be the Catalyst for a large movement, the idea is just to sit around, be patient, wait for them to play out, and try to like, handle the situation accordingly. but obviously that's a lot easier said than done. So we're going to be talking about the overall Market I.E the debt ceiling. I Have an update of what's going on with Carl Icahn I Want to talk a little bit about how CNN is apparently just going I Think with this town Hall that everyone now successfully hates CNN Obviously people who are right-leaning politically never really liked it to begin with, and now even people who like CNN and supported it? Well, they're mad about the town hall meeting because it was arguably a pretty big embarrassment for them. So I think all of a sudden the thing that United both the left and the right political parties of the U.S is hatred towards CNN which is fascinating.
Honestly, truly fascinating. But Republicans and Democrats have now all agreed on one thing they do not like CNN and I said it a little bit tongue-in-cheek but I guess I didn't mean it that jokingly. It very much seems as if CNN like is just going down the tubes. Uh, I don't just like anyone actually think that CNN is going to be around in like a decade or even if it is is, it can even be close to a fraction the size it is.
Now the numbers are nose diving. The sentiment is nose diving. So I want to get a little bit into that just to hear your thoughts, your opinions. YouTube is how writing your stream again it happens I Don't know.
They frustrate me folks if you want to help me out. If you want to help me, battle the AI algorithm, Overlords that run my life, destroy the like button and also hit the Subscribe button if you watch me. I'm not saying you have to give me money or anything like that, but I will ask for the support of hitting the like button. Hitting the Subscribe button if you enjoy the content.
Maybe we could look at it as like hopefully I've earned your like button smashing today. Hopefully I've earned your subscription smashing today. Um, if not. Honestly, I'm not going to say that I'm gonna hit you with some like amazing content on a Friday because by the time we get to a Friday I can feel that everyone's minds are kind of already off the market like they're winding down.
They're already like firing off that like somewhat risky text to their co-worker that cute girl who just came in from college he's transferred from an internship to full time and you're like oh, like should I invite her out for drinks and then you're like oh, maybe I could and then like you know that she likes that one bar so like you're like do you suggest that but it's a little risky and then she's like oh like, who else is coming and you're like oh I thought it would just be us and then there's that awkward silence for a little bit and then you'll see all the buttons like popping up on your phone and then you're like oh, what's she gonna say So like my point is is that people are focusing on other things today. They're not necessarily focusing on the downfall of banks or the overall Market or the dollar ripping or maybe volatility spiking or what's going on. My point is that you guys get what I'm saying so we're all. That's what happens on Friday So on Fridays it's Anything could happen Friday Yeah, a little bit of the market, but usually we just end up completely screwing off so folks destroy the like button. Uh, if you like my charting software, it is pinned to the top of chat I use training view. you can get some sort of discount I believe there's even a free trial involved, but pinned to the top of chat in the description of the video is my personal affiliate link to tradingview. So shout out to those guys for sponsoring today's stream and with all that being said I should probably you know, eventually start the show. So I just want to show you what's going on in the market.
Early in the day, we had a hard sell off to 410. remember how we talked about that support on the S P 500 or within the S P 500 from 409.75 up to 410.25 we went perfectly into the middle. We bounced off of it and now we're all the way up at 413. At one point, we actually exceeded 414.
If we get above and hold above 414 as I explained in the update video from yesterday, I will then be looking for the upside Gap fill too. What is it? 415 27 If we get above and hold above 414, I'm looking at the upside Gap filter to 415.27. on the flip time. on the flip side, excuse me if we get smacked and we go down below 411.
And obviously I do want to know that there's now a downside Gap filled today If you want to play it right here, I'll make it red, but you're looking at the Hive yesterday which is 4 12 43. so about a dollar below where we are in pre-market right now, that is a very valid play. But with that being said, I do want to just caution. you can you guys hear that my AC is just like losing its mind? Um, that today from a seasonality perspective is very bullish.
So over the past 25 years of buying this day at open and selling it close, the Bulls have won only 48 of the time. so roughly flipping a coin. But the profit factor is a very, very high 2.25 as in every dollar spent has returned two dollars and 25 cents. So obviously the buys is pretty bullish.
In fact, it's crushed it over the last five to six years. So today's seasonality does favor the Bulls That's by no means a guarantee of where things have to go today. Obviously I'm interested in this downside Gap field to 412.43 if it keeps going I'm watching that 410 ish region and then from there there's another downside. gaffle to 407 27 I Would love for that to hit today, but I don't think the odds of it of that actually playing out are really that high.
Now, before we get into all of it, this is just a crazy story found and I wanted to share with you. Has nothing to do with the markets, but it's something I want to talk about nonetheless. Astronomers start spot the biggest cosmic explosion ever seen. and it's a hundred times the size of our solar system. So I guess in a weird way, this is maybe related to the market because I'm just adding in other things that we should be concerned about. Yeah, you're probably worried about inflation. You're probably worried about Banks exploding. You're probably worried about the political landscape.
You're probably worried about random diseases that apparently can shut down the world for two years. Well add this to the list. now. you should be worried about giant Cosmic explosions that could be a hundred times the size of even our own solar system.
So just add that to your list of worries that in the blink of a eye, apparently, just like are cosmic overlords could take us out. But in the meantime, we might as well talk about the stock market stock futures rise. Friday as Regional Banks try to rebound, That's the operative word there. try to rebound.
Pacquess still pretty much going flat close the day at 470 currently trading at 480. IEP which is not a Regional Bank but it's just I don't know I'm talking about it because the car icon and this will come into plays later. that's up four percent. Kre is up 0.75 so it's holding on to the 36s.
they're attempting to rebound and that's why I said it's the operative word because more so They're going sideways. So I'm interested to see how people are going to handle the fact that it's a Friday Are they going to hold these positions into the weekend and risk the I guess really the tail risk of potentially pack West maybe even Western Alliance going into FDIC receivership I Don't know how high the odds of that playing out are, but it totally could happen. As of now, we are green across the board. The Dow, the S P, and the NASDAQ are all green oils up a little bit, but overall oil is not holding that.
72 73 we saw recently, it's actually down down to 71. we talked about the seasonality of today favorite ring: the Bulls and a lot of people are kind of talking about this right here. Debt ceiling meeting between Biden and Congressional leaders Postponed until next week. So what do you do when you're already tight on time trying to figure out potentially the first U.S Default ever.
Oh, you just kicked the can down the road, because why not? Why solve today what you can solve later and make everyone hyper hyper concerned about it I Love our politicians. Absolutely love them. Yellen Says only good outcome is Congress Raising the debt ceiling. Everyone agrees on that.
Across the board, it's not even a political thing. We obviously have to raise the ceiling. The question is, oh, who's going to concede? Who's going to concede ground. Here are the Republicans going to allow them to pass a clean debt ceiling bill? Or are the Democrats going to end up conceding and saying okay, yeah, we're going to agree to some of this budget cutting I Think the truth is going to be somewhere in the middle I Don't think there's going to be a cleaning bill, but I don't think the Republicans are going to get all the spending cuts that they actually want. This is how politics go. But anyway, here's what the Treasury Secretary has to say about it all: What is looming over this G7 meeting? Is these concerns coming out of Washington the debt ceiling negotiations as well as still Tremors in the banking industry? Sure, of course. Uh, Wall Street is very concerned about this. There is that X-state approaching that you laid out potentially as soon as June 1st.
But there's an assumption on Wall Street that if there's no negotiated deal after June 1st Treasury will still maintain payments on Securities Is that assumption correct? Look, you know what all I can say is that there is no satisfactory solution for the United States Um, a solution that will be good for the economy and financial markets other than Congress acting to raise the debt ceiling through a potential different paths that could be taken if that doesn't happen. But there is not a single thing that can be done that will save you guys making fun of her underbite. Oh, that's so brutal Financial Damage. But this plan was outlined back in 2011 and you were there at the Fomc meeting about it and it said that treasury Principles and Securities would be paid.
Is this something that, at least for contingency plan has been discussed with the president? So my understanding, um I was at the FED in 2011 is that this plan was never presented to the President and never approved. And would you present it now? Look, we would. Um, we're working full-time to uh, work with Congress to raise the debt ceiling. That's where our focus is.
We know that the only good outcome is one in which Congress Act acts as it has, um, many times almost 80 times since 1960 to raise the debt ceiling. What Global Markets and American households and businesses need to see is that we have a congress that's committed to paying the bills that we've incurred as a consequence of our legislation. That we're not a deadbeat country, and if Chris feels to do that, it really impairs our credit rating, we just have to default on some obligation whether it's treasuries or payments to Social Security recipients. That's something America hasn't done since 1789 and we shouldn't start now.
so we've not discussed what to do. If that doesn't occur with the President, our focus is on getting it done. There you have it. The same words being echoed by Jamie Dimon I Cover that in a bit more detail in the update video yesterday, but that's what we're talking about.
and I honestly find it so wild that it really is important for the world and especially in the US for economic stability here to have confidence that this debt ceiling situation is going to be figured out. And then they postpone the meaning. the balls on these guys. It's absolutely crazy. Absolutely crazy. The next story relates a little bit to Tesla which is currently gapping up to the tune of 2.2 percent. Looks like it's currently turning at 176. There is an upside Gap filled to 177.65 But if we open here, that actually creates an interesting downside Gap though to yesterday's high of 173.57 So we are literally gapping up to create both an upside and a downside Gap in this situation.
Super strange. So both are actually legitimately within play today. and the reason Tesla's up is because of this: Elon Musk says he's stepping down as Twitter CEO will oversee product, allegedly taking on the role of CTO and obviously people within Tesla like this because the concept is that he'll be able to focus more of his time on Tesla. So Tesla Having a very, very good start to the day, the alleged replacement will actually be from NBC Universal Uh, Linda Yeah.
I I Learned how to say this before and I'm already forgetting. Linda Yakarano Yak Carino Yakarino I Think that's a Yakarina Linda Yakarino. Uh, don't like her. Uh, open up Twitter look up her name, see what people are saying? they are not happy.
So yes, she is an NBC Universal Aid. but a lot of people are showing I believe she's uh, the world whatever w-e-f the world Economic Forum or whatever the hell that is uh does not make people happy, does not make people happy at all. Uh, so we could dive into that. Uh, she is a clear business operative like she's a business Runner Like I think she's from a business perspective.
She seems well equipped for the role. but a lot of Twitter is perception. and where Elon was going with it of like kind of this, like freedom of speech type of a Vibe Uh, it doesn't seem like the Twitter sphere itself is too happy with this selection. Uh, obviously that's anecdotal.
That's just what I was reading this morning. I Highly implore all of you to check it out for yourself. I Just kind of share my own thoughts, opinions and sources with all of you. Maybe she is amazing.
Uh, but just judging from what I'm seeing early early on on Twitter people are not happy with it. People are not happy with it whatsoever. Speaking of people not being happy with it, CNN is not happy with CNN or their viewers. Uh, this is kind of one of their official responses to the uh, absolute clown show that was their Town Hall.
Many of you have expressed deep anger and disappointment. Many of you are upset that someone who attempted to destroy our democracy was invited to sit on this stage in front of a crowd of Republican voters to answer questions and predictably continue to spew lie after lie after lie. And I get it. It was disturbing. It was disturbing to see and hear that person refer to a black law enforcement officer as a thug, an adjective he used many times to describe black men and called Caitlyn Collins the moderator nasty, which is what he calls any woman who stands up to him. It was disturbing to hear him speak so highly of Q Anon conspirators and insurrectionists who assaulted police officers in our democracy on January 6 and it was awful to hear him spread ridiculous lies about the election. And it was certainly disturbing to hear that audience young and old. Our fellow citizens, people who love their kids and go to church, laugh and applaud his lies and his continued defamation of a woman who according to a jury of his peers he's sexually abused and defamed as good a job as Galen Collins did trying to fact check him.
it is impossible to fact check fully because he lies so shamelessly. Now many of you think CNN shouldn't have given him any platform to speak and I understand the anger about that, giving him the audience the time I get that, but this is what I Also get the man you were so deserved to see and hear from last night. that man is the front runner for the Republican nomination for president and according to polling no other Republican is even close. That man you were so upset to hear from last night, he may be president of the United States in less than two years And that audience that upset you? That's a sampling of about half the country.
They are your family members, your neighbors and they are voting and many said they're voting for him now. Maybe you haven't been paying attention to him since he left office. Maybe you've been enjoying not hearing from him thinking it can't happen again. Some investigation is going to stop him.
Well, it hasn't so far. So if last night showed anything it showed, it can happen again. It is happening again. He hasn't changed and he is running hard.
You have every right to be outraged today and angry. Never watched this network again. But do you think staying in your Silo and only listening to people you agree with is going to make that person go away? This kind of has the vibe of Anheuser-Busch of like kind of torching your own audience. like he's literally saying you could never watch us again I was like dude I I Think you want your viewers to stay? um I understand the sentiment of where he's trying to go with this, but it feels like they took the same PR class that Anheuser-Busch did.
And you don't torch your own audience. Take it from a guy who has torched a lot of his own audience with that AMC group. It's a bold decision. It's a bold move.
Cotton, Let's see how this one plays out. Oh man, out of my own morbid curiosity I Have to ask you guys I Know you're not supposed to, but if it comes down to Trump and Biden who are you guys voting for? you could put Trump or Biden in chat. You could put t or B in chat if it comes down to those two out of my own curiosity. I Want to know who you guys are going to be going to The Ballot Box and voting for? um I Think there's more trumps, but there's definitely a fair amount of bidens in there. But I think there's more trumps on Rumble and no surprise I don't think there's one fighting person over on Rumble It's such and in a weird way. I Think it's funny, but also that's how you can dangerously get into an echo chamber. I Mean you can. Um, so be careful folks.
The biggest thing I would say with all of this is just do your research. Look into both sides. Be informed, don't necessarily, just like, follow all the Echoes that you might find in your own life. I'm the biggest fan.
Whether it's the market, politics, or any really major decision in your life. just do a bit of your own research. Don't just generically take all information being thrown at you as gospel kind of the concept of trust. but verify like that type of a Vibe Kennedy Well, that's what I was asking you.
particularly between Biden and Trump Like I Know there might be other hopefuls, but based on current polling, it does seem as if it's going that way. and I Just my biggest issue is that they're both old old old. Five things to know before that stock market Bell goes dingity ding ding ding today Friday May 12th Looking for a rebound? The market might be I'm surely not I Want things to fall off a cliff I Want cataclysmic chaos I Want a historic vomit to the downside? Is that good? No. Is that moral No.
But will it make my P L go up? Yes. And at the end of the day, that's why I'm in the market. A new leader for Twitter so not technically officially announced. Uh, but it looks like we are getting the Linda from NBC Universal and also previously uh or maybe even right now I Don't know but she was previously working for the Wef.
Disney drops yeah after their earnings getting clobbered is Disney still going down? after all that that really put a pain into the Dow Yeah. Disney ended up dropping 8.7 coming up to a major support level. Let's see if it can stay above the low 90s here like 90 to 91. Huge support on Disney If it can't hold that I think we're talking the lower to mid 80s then potentially Disney getting smoked debt sailing meeting delayed it was supposed to be today.
The top four lawmakers with bite excuse me but not happening I guess they are kicking the can down the road until next week. the end of The Rona Health Emergency Uh I guess Now years later we finally beat it and as Pfizer and Moderna and Novovax and Bioentech all made billions and billions of dollars, we win. We Victorious we mankind, womankind, people, kind. we're Victorious we are everyone you give yourself.
Give yourself a round of applause because we won. We won the battle. We clearly won the battle. All right. I Forgot about this yesterday and I hope I Don't forget about it today. but I Want to cover this after the Market opens? Obviously the going plan here is for the first 10 15 minutes of the day, we're gonna watch the market open see if there's any craziness. Obviously you can. Shout It Out Feel Free to comment it multiple times if you feel like there's something nuts going on that we should all be paying attention to.
but I do want to get into Hindenburg's retort to icons retort to their short report IEPs going up in pre-market right now I'm really watching that 34 level I Want it to stay below that, but things are getting really, really crazy here. so I want to dive into that just because it could be an interesting play. So uh, we'll Circle back there and in the meantime, let me prep for Market open. We have a minute 30 left.
All right. As we are waiting for this minute 30 to play out here. I'll throw up Tesla and I'll throw up. Uh, we'll throw Kre down here.
All right. Cool, Cool Cool Cool Cool Cool cool. Now, as we're waiting for the market to open and for the market to open, please, at the maximum value or maximum loudness, you can possibly type: tell me which stocks you want to look at today I'm here I have my pen I'm going to focus on not dropping this pen today. Which ones do you want to talk about? Which ones you want to pay attention to? which ones you want me to do breakdowns of which ones do you want me to look at? the short interest of what do you think we should be covering or generically Beyond socks.
Is there major news that you think we should dive into a little bit? All right A lot of people talking about Tesla Remember Tesla does have that upside Gap fill 2, 2, 2, 2 177.65 and now it has a downside gaffle to 173.57 That is important for everyone to know. All right. So Tesla Netflix pack W Tesla Uh, Nflx Pack w palantir keep them coming. Team D-wac and Rum D-wac Haven't looked that one up in a little bit.
Rum: we usually look at that daily wall Uh Uvxy U V x Y coin Uh, interesting news on coin Brian Armstrong has now officially sold all of his stock. The CEO of coin as of yesterday has no stock in the company. Pretty freaking wild. Pretty freaking wild ing the casino is open.
Best of luck to all. Play responsibly, if not, have fun. And you could really have fun by destroying the like button. Destroy it.
Just kill it. Punch it in the face over and over. and oh, just like murder the like button. Just that type of a thing.
You guys get it. You get. You guys are experts at it. You'll figure it out.
You'll figure it out. We'll throw Roku on the list. Roku Roku Cvna Carvana that one was squeezing a little bit lately. Caravana Tessa Remember the downside: Gap Fill is 173.57 We're in the We're We're in the middle of two gaps.
Upside: Gap Fill Downside: Gap Though kind of making it a tough play. I Guess out of the gate, maybe it's gonna bounce on the bottom first. I Don't know, that's that's a tough play when you're in between two gaps like that. Actually kind of wild. kind of wild. kind of wild. Where's IEP IEPs At 33.40 it's up 5.5 That's a huge bummer. I Guess we're going to the downside: Gap fill on Tesla First out of the gate Kre I Just want these Banks to crash.
Uh, remember with the Spy the overall market today does favor the Bulls buying at open selling at close, it's about a 50 50 shot. But historically, especially over the past five years, when the Bulls end up winning, they're winning pretty handedly pretty handedly. sorry I'm late. Uh oh.
guess who's getting a demerit? Sorry I'm late. Had a doctor's appointment coming in with the old doctor's appointment dog ate my homework. Excuse: Well I'm seeing right through that puff. You still get a demerit.
and this is why we haven't brought gold stars back. because honestly, um, a lot of you are acting a bit churlish. If you will so stay, you're getting a big old demerit. Big old demand.
There are various things that will bring back gold stars. I Don't want you to think that they're permanently gone forever and there's no way they're coming back. There's various ones and the one that I want to let you guys know of today is out of pure joy and making a massive amount of money. Gold stars would come back if banks collapse I I if if additional Banks really pack Western Wall If they collapse, if Kre collapses, that would be one potential trigger that brings back uh gold stars.
So uh I want to put that out there? just so everyone knows. Matt's a gold star liar. Well Trex guess who else is going to get demerit today? you Trex is getting into Merit Puffed is getting into Merit Uh so rough day to be you folks cause we're thrown out the merits left and right. Oh the Spy is popping look at all that volatility had open the past couple days.
we've just had such crazy whips like strong pushes to the upside or the downside that are just then quickly erase. Don't forget today at 10 A.M in a mere 27 minutes where you need to be getting the consumer sentiment report which will have an impact on the market, we're going to definitely see a spike of volatility. A spike in volume 10 A.m today in about 27 minutes. Uh, so you might want to, you know, get an alarm or something going I Don't know if you're trading right now Lemon did Stephen Just give Lemon a gold star.
you got the coveted Steven Gold Star Lemon. Congrats to you I Think you might be the first recipient of a Stephen gold star Courtney Kidwell Became a bot fighter Courtney That's so incredibly kind of you I Very much appreciate it I Hope you're having a wonderful day I Hope you're ready for a wonderful weekend I Hope you get to go to some Texas Roadhouse I maybe for Mother's Day you're planning on taking your mom to Texas Roadhouse Moms Love Texas Roadhouse Mom's very much love to if you guys don't know what to do for your mom this weekend, I'm telling you, take her to a Texas Roadhouse There's nothing moms like more than Margaritas that you can get an extra shooter in there for like a dollar. Moms Love Texas Roadhouse Courtney I'm a mom Courtney Take yourself to a Texas Roadhouse Maybe that's how you want to spend your mother's day. Just eat in a full rack of ribs. like not worrying about anything else going on in the world. Are you sponsored by Texas Roadhouse no but I wish I was I would be the happiest person on this planet. If I could get a sponsorship with Texas Roadhouse I really like I would that would be I think I might want that more than hitting like a million subscribers I Honestly think that would be the coolest accomplishment that I could possibly possibly do within my lifetime of content creation is officially partnering up with Texas Roadhouse But one of these days, one of the little boy dream you know? Oh man. I Do enjoy Texas Roadhouse but I would like something fancy? Wait Courtney maybe I misread that I think I might have misread that I Do enjoy Texas Roadhouse but I would like something fancy yeah I Feel like there might be like a bit of a language barrier issue or here because like it comes off as if you're saying that.
Texas Roadhouse isn't fancy but I think I I think there's a maybe a translation issue or maybe maybe you ran out of letters, Maybe a typo? I'm just gonna assume that it was some sort of like a typo issue. Um, because like the intonation is as if Texas Roadhouse isn't fancy. so I think I I'm just I'm gonna chalk it up to just translation problems. just classic classic internet translation problems.
Oh man. Well, the Spy just got a little bit smacked. Uh, IEP was pumping but got smacked right at 34. I very much want it below 34.
and they I just want well Tesla could go up if you guys want Tesla to go up. I could support that. but I pretty much want everything else on the screen to go down and go down. Oh that.
Okay, uh jrw that makes sense. She wanted something fancy, not Uber fancy. sorry I appreciate that. And that's why we do this as a team.
because sometimes like I misinterpret that makes the most sense. You kind of you want something a little bit more calm, a little bit more chill. You're going for fancy, not Uber fancy. That makes sense I appreciate the clarification.
That's what it is. so typo. Sometimes you forget a word like I know we're all typing quick. It's Friday we're excited.
Um, that that makes a lot more sense I get that on Mother's Day I would assume a busy year of being a mom like you. just sometimes you probably just want to take a breather. and I I get that I get that. that makes sense I Can Only Imagine some poor sap that this is like their first show they ever came into to watch and hang out with us and hear it and they're like, dude, what is this absolute Zoo that honestly has to be one of the funniest thoughts that crosses uh, my mind in a day. Those days that we're like really going off the rails and I I just imagine it if it's like a first time viewer and they're like, wait, what? What is this? what are we doing here? Boycott woke BS companies wait, what company do you think's a BS will company are we still talking about? Anheuser-Busch Anheuser-Busch is kind of getting a little bit clobbered. Yeah, look at that sell-off in Bush So ever since the whole Dylan Mulvaney situation Anheuser-Busch is now down 8.5 which truly is billions of dollars. Uh, its current market cap is 122 bill. Which means that it's down what 10 billion dollars roughly give or take a couple bill, but it's market cap has gone down 10 billion dollars.
That's absolutely brutal. Uh, but do you know what hasn't gone down 10 billion dollars? Texas Roadhouse In fact, if you knew what you were doing, you'd currently be up 276 percent. I actually own? No. Texas Roadhouse And what's happening right here is exactly what I Want to say I know In the short term it's painful but I would love to get Texas Roadhouse sub 100 and honestly the closer to the lower the 90s the better I just don't want to be buying it at all all-time high.
but I love Texas Roadhouse Uh, absolutely love it. So I'm gonna take I would hope for a little bit of momentary pain just so I could get a better fill and finally get invested in this Beast of a company this Beast of a company Bud Light or Miller Lite Wait, who owns Miller Lite is there a bit? Who's the bigger conglomerate that owns Miller Lite Does anyone know off the top of their head? uh I Just know that Bud's getting absolutely destroyed rum earnings on Monday hope they crush it again. Um yeah uh. With that being said, I don't know what I'm allowed to say and not what I'm allowed to say but understand that Monday There's going to be some specialty streams and I'll leave it at that Miller Cores Miller cores corazones it Coors stock has actually been going up as Bud's been going down Heineken as well Maddie As your Twitter mom is like to ask you for taking me to local Texas Roadhouse I Promise to provide your funds for me Oh man Fridays folks Anything Can Happen Fridays I Think we need to put together a comprehensive, uh, tactical strategic plan to somehow get a sponsorship with Texas Roadhouse I Think that's what we need to do.
It'll work. It'll work when Texas Roadhouse Marketing department realizes that we have just such a engaged audience that all loves. Texas Roadhouse I Don't think they could say no to us. Uh, what is this by upside Gap phenomenal question.
It is 4 15 27 and then the downside. Gap fill is for 12.43 So similar to Tesla the Spy is in between on two gaps I Don't know why it always does that. Stop doing that to me. See it? It just. it's not being realistic. Uh, but anyway, 4 15 27 is the upside Gap though. But we're also have a downside: Gap fill at 4 12 43 so a dollar below where we are and then two dollars to the upside. So like Tesla we are kind of in no man's land.
just oh nope. Tesla's seemingly going for the top one first. 177.65 is the upside Gap fill on Tesla uh, spy popping a little bit right now Tesla looking strong IEP going flat remember I'm I Would particularly not be doing anything too degenerate right now because in about 15 minutes, a little bit over 15 minutes, we have the Consumer Sentiment report. That is an important report.
Uh, actually this whole second half of the week has had a larger, a lot of major macro economic reports. We had the Consumer Price Index report on Wednesday came in lower than expected as in cooler than expected. As inflation was coming down faster than anticipated. Then on Thursday we had the Producer Price index the PPI report and it basically indicated the same thing as the CPI report.
And then today we have the Consumer Sentiment report that's coming out in about 15 minutes. a little bit over 15 minutes. Not as impactful as like the CPI report, but still an important one. Like there will be an impact like it's not going to be like a nothing event, but I just want everyone to be prepped up because we're going to get a little bit of volume a little bit of volatility right around 10 a.m So obviously we're going to be paying attention to that.
Tesla's on the up and up. Looks like it's going for that Gap film. Actually, the little pop there and Tesla seemed to be pretty solid for the Spy. but IEP we will be circling, circling back to talk about what's going on with icon Enterprises and Hindenburg research I still have puts on that uh kre uh I Hope Snaps Kre is green right now.
pack West is green right now. uh wall is green right now FHN is green or no red Zion is oh man, they're all all right. Well I want Kre to come down a bit more I Really need I would love for pack West to go sub four it's at 486 I would love for Wald to go sub 17 and it's at 27 so that's a bit of a reach. Uh FHN slowly going down Zion holding itself just below 23.
So looking for kre to crack I don't know if it'll happen ever I don't know if it'll happen today I want it to happen but hey, you know what they say actually I don't know if they say it but it's something my dad always used to say to me. was one in one hand and in the other and see which one fills up first I never really got it and I feel like he said it to me way too early in my life and then I started repeating it and then I got in trouble. Um, but yeah, that was a common saying of my youth. That was definitely a common saying of my youth.
Uh, all right let's do some of these chart reviews and then we will get ready for the Consumer Sentiment report so I could rip through all this. Let's bring up the daily chart. Uh, actually the first one is the Tesla Perfect. Uh, we have an upside Gap fill to 177.65 I Know some of you are playing that right now. Tesla's up because of the news from Elon Musk that they are, he's stepping down his Twitter CEO he will move over to the position of the CTO and then there's going to be a new person Linda Yakinario or something like that from NBC Universal and previously of the Wef. Um so I don't know if I would necessarily be holding it past that I mean we have a nice uptrend, but once again, it's always risk reward. Like how much more reward is there for like taking on the risk of like 167, maybe even 159. So after this, Gap Fill Play I would look for the next potential new trend I wouldn't be hopping onto this one too late now.
Netflix Arguably the same thing, but I do like this putting in a beautiful higher man Netflix is looking good right now. Uh, this is a classic cup handle higher low as in the buyers are getting more aggressive. We're at the breakout line right now. It would have been ideal to buy it on Monday when it broke out of 325 because all you would have had to do was risk 315.
You're already up to 348. This thing looks like it's about to break out and rip. Um, the next level is I'd be watching our 363 and 370. Netflix Looking strong I don't know if it will break out.
Classic Cup Handle higher Lows: Aggressive buying looking very, very, very good. Uh Pac w this is the bank that I have put on I'm Basically, this isn't as I I've alluded to this in my update videos. I'm not necessarily looking at these plays as a fundamental play as a technical play, I'm looking at it as a crowd psychology play. Basically, I'm looking for a continuation in The Exodus of deposits and if it gets bad enough then I'm looking for on over one week.
and and this is the only reason I'm saying the weekend is because that's how things played out with Signature Svb uh, Silvergate and also FRC they announced that it's go. It goes into receivership over the weekend and then when things start training again, it just gets absolutely decimated. So yeah, I love to see red because as it goes down I think more people get scared. but I think the real money play here is basically just an announcement that could come from the government at any random time.
but if it goes below four I think things will be looking really really good and that's particularly the low of yesterday and also the just a key technical level. The next one that seems to be until is Wall. But all these ever since the craziness on Thursday The fourth, we've just been going sideways. No breakouts, no breakdowns.
A lot of the regional banking sector is just going sideways, which honestly this was my biggest fear. I Didn't think there was much of a chance of these things popping up and ripping because I don't think any big money people are necessarily buying this dip. My fear it was just Theta Decay Theta burn and as things go sideways like my play just becoming less and less valuable because I'm just kidding grinded sideways. So if we'll wait and then obviously the overall sector is kre looking a little weak this morning. I Would love to snap of yesterday's low at 36. we're at 36 28 right now so if this goes down to another 25 30 cents, definitely let me know. Could get a little interesting. What else do we have? All right.
moving on. Palantir recently had earnings recently crushed their earnings. It's up it's holding. I wouldn't be chasing this.
Oh, it depends on your time frame of if it's really defined as chasing or not. But to me to get in right now in the short medium or long time time frame, the risk is a little bit too great because there's this downside. Gap fill to 788. but I want you to know their earnings were very very very good.
This Gap up and continuation makes complete sense because the earnings were simply that good. d-wac kind of this back play that's trying to get involved with True Social I Don't like it and this has nothing to do with Truth Social I Just am skeptical of if this deal of bringing True Social to the public market through Dwac through this particular blank check company will end up working. It's a very, very tough play that, once again, it's not technical. it's not fundamental you're kind of betting on Regulators So I'm not the biggest fan of it.
What I am a fan of though is Rumble Rumble Continually knocking on this door of the breakout at 10. If I had to guess, today might be a bit of a holding pattern because they are reporting their earnings after the market closes on Monday The most recent earnings they did really, really well. Unfortunately, it didn't hold the next day, but there was a huge 30 percent gain after they announced in the post Market session. So uh, right here when it got knocked in late April that was because of a short research report from Culper research.
Obviously those players are now probably underwater and pretty much everyone all the way going back to November will be underwater if this thing gets above 10.50 So so it gets smacked goes back up to 1050. Get smack goes back up to 1050. Get smack goes up to 1050.. we are putting in higher lows.
We are at this trend line: I'm just waiting to see if we can finally break and hold above 1050 because if so, looking at or text, the utilization is maxed out. It's at 100. As in all the shares that theoretically could go on loan against ROM are on loan. uh, potentially being bet against rum.
So those players could be clearly underwater and we might be seeing some sort of like small Fomo-esque squeeze. I'm not saying that like I mean it could get crazy because it is a low flow play, but that wouldn't be my base case of reality. So I'm waiting for the earnings on Monday and I would love this breakout above 10.50 My average is right around 954. so I'm slightly in the green right now to the tune of like 50 cents per share while we went over that. Let's talk about u V x Y or volatility in general. I mean I Think a better one actually to look at is the vix right Here, Vix is going to move inversely. This is the volatility of the S P 500. So if the S P 500 starts to get knocked as it did last week, we'll look for the vix to pop.
On the flip side, if the Spy is grinding upward, look for the fix to fall. This will move inversely and not to the same level of inverse correlation. But track the dollar. The dollar is bouncing off a key key support level of 101.
It bounced here back in February It's bouncing again. bouncing again bouncing again. Potentially getting some sort of a breakout here. I'd be watching this trend line this pretty.
oops. It's nicely established trendline. Why can I not draw this properly? Butterfingers I'm going to be watching this trend line. Uh, so we're a bit of ways from it, but clear.
bounce off 101. You're looking for the break of 102.50 if this continues upward. Remember inverse correlation with the market. Not always.
It's not a perfect invoice. It's not as strong as the inverse correlation of the vix, but there is an inverse relationship between the dollar and the overall market. so make sure you're paying attention to that. In terms of coin, this is coinbase.
I Would be very worried to be long on coinbase right now because the CEO officially has no more shares. It is not good when the CEO of a company is selling. that just is signaling to the public that they don't really have faith in the company. Brian Armstrong The CEO of coin as of yesterday, officially at right as of now, has no shares of coin completely sold out.
So uh, obviously be careful on that one. Nvidia Uh, just continuing its grind to the upside. uh I I Don't even know what to say about it. This is just showing immense strength.
It's not showing any signs of coming down I Think it's run too far. It's p E ratio is simply too high. I Wouldn't be investing here, but like it's enough like it, you can't bet against it because it never comes down. I Wouldn't go long because the risk is too high.
So for me, unless you've already been long and you're just riding it up writing it up. I Think all you can do on Nvidia is sit around, wait on your like. just sit on your hands and wait and be patient because I just don't see the opportunity right now. Um Roku Roku's been getting destroyed for a while.
It might have put in a higher low, but if it comes back down if it cracks 42.50 I would look for an additional sell-off but its longer term trend is not a good one. And then Carvana a play that kind of sucks, but recently has had a bit of a squeeze. Is it bending back over? Oh, it actually is finally starting to crack. Uh, the risk man I wish I knew about this yesterday. Uh, I wouldn't have mine going short on the break at 3, 8 or 1182 with the risk being 1370 and trying to play this all the way back down to 743. Uh I do believe this is how I would play it I Mean it's honestly this simple. if I went short right now I would risk 1370 if it went above it. I would cut my short position and then other than that I'd be playing this back down to the Gap fill at 7 43.
um if you're playing it short great. Uh, if you're playing it through puts giving yourself time, this isn't like I'm not saying it's gonna happen today, but Carvana is just not a well-run business. Uh, all we see are pumps and dumps Like this whole chart is pumped up pumped up Pump dump. Uh so if you caught the pump, congratulations I wouldn't hold on to it I wouldn't Diamond hand it by any means because all these pumps are given back and then even if you missed the pump, well, this is your opportunity to play The Dump with uh, the risk is a little far away I do wish it was a bit closer, but the upside is also pretty nice.
I mean it, it's a higher risk, higher reward type of play potentially 34. uh and obviously that would be leverage if you end up playing puts. but I would not be in support of Carvana right now. I'd be betting against it.
And just like I said, not a well-run business and the whole chart is just a store. three of pump and dumps. I Wouldn't expect this pump to be any different than the previous ones. All right, it is 9.53 Let's check out how the Market's doing.
Oh what we sold there for a second I guess I missed that action. What's going on? Uh, everything. Well actually we almost got down to that low kre got down to that low 36 level which would be a dangerous break level for the regional banking sector. but someone came back in and bought it up to the tune of 20 cents.
Interesting, interesting interesante. Hmm. Well, let's see how this all plays out. Wait, did we get some sort of Gap fill on the Spy Almost almost.
It is 4 12 43. and we went as low as 4 12 52. so we were off by nine cents. But that's not why you guys come here.
You guys come to me for Perfection and that's what you should always be expecting. I Don't want you to lower your expectations I'm sticking to my guns at 12 43. I'm not gonna do. Oh well, it was close.
it was within nine cents. No No no no. You guys come to me for the exact levels for being the Clairvoyant Oracle of the markets and that's what you're gonna get. That is exactly what you're going to get.
Do Not lower your standards for me. In fact, you should upgrade your standards. so I'm sticking to my guns on it I'm sticking to my guns on that particular call out, not changing it, not changing it whatsoever. Oh, we are 40 likes Away on YouTube from hitting 500 today. Um, so if 40 of You Beautiful degenerate Traders could annihilate that like button, it would help me out immensely. And where are we at on Rumble Let me reload to see the newest numbers. we're at 160. but then there's 2.7 K of you watching.
So it feels like the rumble crowd was being a little bit lazy this morning. I Don't know. Maybe you got up to the maybe you got up early and went to the gym today and maybe you're just feeling a little bit tired. Maybe you haven't had your coffee yet? So it feels like we need to give the rumble crowd uh, a couple more minutes just to really get going with their day.
Um, so Rumble it's all right, we're gonna be here for a bit. Don't don't stress yourself out. Don't break your index finger hitting the leg. You have time.
No rush, no rush. You'll figure it out. Uh Matt What is the Spy Upside girl? I mean you could Dom right here. 4 15, 27, 4, 15, 27.
So there is an upside. There is a downside: Gap fill. Uh, but it feels as if we're a little bit closer. But who knows? We're about to get the Consumer Sentiment Report.
It comes out in three minutes. A little over three minutes. So uh, I'm looking for Kre to snap here I'm going to set an alert a little bit below 36 just so we know that the breakdown might be getting a little bit interesting. Uh IEP I Want that to come down? and then the spy? Let's what was it at 4 12 43 412 43 at alert for 12 43.
All right, that alert on the spies. The downside Gap Though Kre. that's the breakdown. Uh, unfortunately IEP is looking strong today I Say that unfortunately because I have puts against it.
uh, wall. Okay, all right wall might be coming down here. wall might be looking a little bit weak. I'll set an alert.
uh edit uh for yesterday's low or the one of the lows of yesterday 26 34, we're currently at 27. All right, let's buckle up. Let's Buckle What's Kramer saying? Let's know what to do the opposite today. Consumer sentiment report comes out at 10 A.M Uh, we are a couple minutes away.
We'll see you tonight. Mad Money of course. 6 p.m Eastern time with a pretty steady open here. s p up about nine.
Don't go anywhere, don't Well, okay, uh well. I don't want to miss this. Uh so I'll leave the audio on. but did you guys see this? Do you remember how Roger Hamilton of Gns told us that like his stocks going down because they're being naked shorted, blah blah blah Well it turns out he's a complete liar.
Allegedly, don't sue me if he sues me for saying that he's a uh, but Gns which we were calling out as a pump and dump this entire time. Now, factually like their Auditors are legitimately saying that Gns is completely full of. Be careful with him. he's a charlatan he's full of and everyone associated with him is most likely full of when Gina started pumping I Proved to you that they literally paid for that analyst to give them whatever like an 18 price Target or some like that this guy is so full of. he honestly probably should be investigated by the SEC On May 9th, 2023, the audit Committee of Genius group meant to review its form 20f for the fiscal year ended December 31st 2022. During the meeting, the audit Community noted that a result of the review of the company's Revenue recognition policy during the performance of its annual audit procedures, the company uncovered an error in the implementation of accounting treatment for Revenue recognition for transactions with with a third-party sales partner. Revenues would need to be restated for the fiscal year ending on December 31st, 2021 in accordance with the IFRS the restatement records, revenue and expense net for 2021 sales transactions where the company was not the clear principle in the transaction. As a result, the company will need to decrease Revenue by 4.4 million with corresponding decrease in cost of Revenue by 4.4 million.
The audit company noted that there were no reclassifications or impact to the Consolidated Salmon, blah blah blah. You could read the rest of it. but yeah, no, Huge liar. Their order The company auditing basically said no, they are absolutely full of it.
So if you got sucked into Gns which I mean it was such an evident pumping up, look at this. look at that such an obvious like did does anyone need another description of such a shitty pump and dumb attempt and then yeah, he's like oh, it's the naked joints, It's the naked no, you're running a horrible company. This company is just bleeding out. It's gonna end up being like it's just gonna die on the table like this is a company.
You are witnessing the death of a company. Hey uh, we wait. What's the report? I Guess the consumer sentiment profit. Do you have the report? Uh I Guess they're on break and they're not going to give it to us.
but we just got that downside. Gap though to 4 12 43. that's the so you're welcome for that. Um, actually we went as low as for 12 30.
they're a little late here. Good morning happy Friday and welcome to another hour of Squawk on the street. I'm Sarah Eisen with Carl Quintanilla and David Faber live for you As always from post nine of the New York Stock Exchange Take a look at stocks in the early action, give us the consumer sentiment more than a tenth of a percent. University of Michigan 12 month information offensive week, the dollar stronger.
best week since February Dow's up 45 points 30 minutes into the trading session. Here are three big movers: We're watching: First Solar shares surging this morning after news the company plans to acquire the European Are they really not going to talk about consumer sentiment? Upstairs are up more than 250 percent over the last year? plus News Corp Needing estimates saying well, certain geographies had quote insipid advertising demand. The economic backdrop is decided. This is the scene of the Texas here in the U.S Mexico Watching Tesla shares higher on news that NBC Universal ad Chief Linda Yaccarino is leaving this company and expected to become Twitter's news. Break down the news with the Tesla shareholder In just a moment, stocks up almost two percent. Also got that big recall out of China. that's right. Meantime getting some umish consumer sentiment.
Let's get to Rick Santelli hey Rick Rick Rickson chat. These are made preliminary Michigan sentiment so headline expected at 63 Big Miss 57.1 the weekend since November of last year. If you look at current conditions, expecting 67 and change 64 markets vomiting on the news December of last year expectations expecting almost 61 53.4 weakest since July All right now here's a bit of good news, but not right. We're expecting 4.4 and one year inflation.
Our last look was 4.6 It came in at 4.5 Split Decision It's less than our last look, but it's still higher than expectations. And here's the one that's the flying: the ointment for rates to potentially get pushed up just a bit. Five to ten year inflation moved up to 3.2 That is the highest level since 2008 of Any Given month things can change, but it is a bit stickier and a bit hotter on that five to ten year inflation. Back to Squawk on the street Rick Thank you very much.
Fed's not gonna like that. Never want to see inflation. Expectations in these surveys just adds to the confusing pile of data we've gotten lately with disinflation. really the theme of the week between the CPI report and the PPI report.
Investors, though interestingly decided to focus on the more bearish developments what that would mean for economic growth. the Pac West The positive. the rising initial jobless claims. that's been sort of the the story of the week.
and it's stocks. Don't know what to make of this number, but if you look beneath the circuit surface guys, some people say and David Rosenberg Wrote a really good note about this this morning that the market is Bitcoin cracking shoulder, head, shoulder like the Bond market is, it's 18 times earnings. It's still expensive if you look beneath at some of the groups that are cyclical. the Autos 45 off of their peaks.
The media stocks I Don't have to tell you 40 off their Peak levels. A lot of these Bitcoin cracking. Not a good scenario, not their Peak levels. These groups that are tied to the economy have suffered and are short-term not looking good Bitcoin Just cracks getting smoked, especially by coinbase vomiting.
Did Tesla ever get its upside? Gap though on the S P 500 Yeah. AI Stocks 177.38 it was 177.65 cents away. Not insignificant. She votes every time.
She doesn't speak that much, but I pay attention to her because she was one of them. I Need my safety glasses to say that inflation is not transitory early on and she was worried about it. Here's what she says overnight in: Frankfurt should inflation remain high in the labor market I Don't want to listen to her but I do want to listen to this. What happened here? Is there a video why you held on to those documents When you What was Her response? was she actually what did she have to say about the whole thing? Kaylee Shreds Liberals for meltdown over Trump's CNN Town Hall What is wrong with these people outnumbered reacts to backlash against CNN for hosting Trump Town Hall Foreign journalists and Democrats are blasting at CNN for giving the voters to hear from Big vomit presidential candidate. But you know Downside: Capital 173.57 173 57.50 themselves. creator of the 1619 project called it. oh brother, oh brother. he was not entitled to a major media Network Rolling out the red carpet Zion The liberal media didn't hold back either.
What? I always thought Town Halls were meant for us to get to know a candidate and what they stand for. So what is the point of this new Town Hall that he's doing? That's what I'm so disgusted by. Because again, when someone shows you who they are, you believe them. This is not journalism.
This is entertainment in journalism. You actually will control with the questions, the answers. um, and and you will have some sort of a filter for misinformation. It feels to me like this is a pretty open attempt by CNN to push itself to the right and make itself attractive and show its belly to Maga and to conservatives hoping that they will tune in.
No surprises. And yet it was just. it was a disgraceful. uh dude, we are straight up vomiting.
We're at that potential bounce level of 412 if it doesn't hold 412 I'd then be watching 411 on the Spy Kaylee for hosting an open Town Hall where the former President took audience questions and was questioned by CNN's own host Caitlin Collins there. So apparently the problem, however, is simply giving him a microphone to have a presidential candidate give his views. This is amazing. Pacquest is actually still green on the day.
Every single National poll you look at Cherry bouncing off of 35.90 Front Runner for the Republican nomination right now and the thought that he wouldn't deserve a voice getting a little Ann
Matt is HILARIOUS. I genuinely laughed a lot rewatching this
If it comes down to those two, I’m buying more guns and putting a fence around my 5 acres in the middle of nowhere and keep doin me lol.
I’m voting chair for president
Trump
Love the intro. Have an amazing weekend, everyone.
Trump