Money makes the world go round I'm the talk around town Remy Gave me the sound I Need thatr on the I Need thatr on the money makes the world go I'mma talk around town Remy gave me the Sound Pocket I need thatr on theet I need thatr on the survival of the Finish You can sink a swim I've been broke I ain't never going back again I Need some C notes, some cheddar and a stacker I Need a bowl of dough I don't need no Facebook friends I Need a pack of them, snaps, a handful of fetty WS and rubber band on my green backs. Look dog, don't be playing with my paper I Need every red scent. That's why I brought my little scraper you don't know me homie I Rob My own neighbor with a clock around my neck with a style that's so flavor FL Give me the loot is just the understatement. I'm about to take it bank and put in in my B make money money make money money money make money money make money money money take M Take take makes the world I'm the talk around town Remy gave me the Sound Pocket I need thatr on the pockets I Need thatr on the money makes the world go round I'mma talk around town Remy gave me the Sound Pocket I need thatr on theet I need the Skrill on the the root of all.

Leave alone. agree with it's hard to do when you riding around with golden arch Louis I'm the big Russia you can find it on the math I'm so cold I could spit the snow. that's why they call me nitro with the nicest blow on the real man I hate it when they call me bro. It's getting on my nerves like these bills and these haters yo a grown man with a loaf of bread I keep a stack of benjes right under my bed.

Check it. My shoe box is the stash spot I used to keep my scratch at my dad house I got a deadline so I need the cake I need a plan so my duck is going to try to escape. Yeah I'm always looking for the currency a large amount. call it a pretty penny.

Money makes the world go I'm the talk around town Remy gave me the sound fets I need thatr on the F Pockets I need thatr on the money makes the world go around I'mma talk around town Remy gave me the Sound Pocket I need that strr on the F pocket I need a on the you got a $5 bill. put your hands up, you got a $10 bill, put your hands up, you got a $20 bill. Put your hands up. you got a $50 bill.

Put your hands up holla H Money makes the world go around I'm the talk around town Remy Gave me the sound I Need thatr on the I Need thatr on the oh brother oh brother oh brother oh brother Wake up Wake up Wake up happy Monday Good morning, Good morning, Good morning dude I'm just telling you, espresso hits. It just hits differently if you're Honestly, if you're not on your like fifth shot of espresso, what are you doing? like how are you? How are you even watching this right now? How are you up? It's 9 in the morning if you're at minimum, not on your fifth shot of espresso I don't get how you function I don't get what you're doing I don't understand what's going on in your life that you're currently awake. It actually just makes no sense to me whatsoever. So I don't know.

Someone's going to have to explain that to me in a bit and draw some diagrams. Maybe get some yarn out and connect. Be like yeah. I'm actually up because of like this, this and this.

like I like life. um I just don't get it I don't get it I Don't get it I Don't get it. But folks, maybe I'll understand that a bit later. but for now now, happy Monday morning it is Monday November 13th I Hope you crushed it last week I Hope you crushed it this past weekend and I hope you are getting ready to crush it this upcoming week the same way that the Bulls have been in the overall Market specifically in the tech sector.

So yes, we're going to be getting into that the levels of importance that I'm paying attention to. but the tldr for those of you who tune in just to get a general: Vibe Maybe you're not so much into the world of degenerate trading, but you just kind of want to know what's what and what's going down in the economy. The market things are looking pretty solid right now in terms of price action. Obviously, underneath there's some scary things: We have: record high credit card debt where are going up? Unfortunately, in default, we have the threat of another rating agency drown grading the US creditworthiness.

I'll be going into that specifically. We have a meeting with the world powers Biden and Xping XI Jingping. Um, sorry if I'm completely butchering that name. Uh, that is by no way.

uh, my intention. Um, we have some updates of things going on across the pond in Europe we have some seasonality to go over through. This week we have a couple more earnings of interest. Uh, tonight we are going to be doing an post earnings call with the CEO and founder of Rumble uh Chris Pavloski.

So they are reporting their earnings at 5:00 pm and then at 7 p.m. ET Today we are doing a specialty stream with the CEO founder Chris Pavloski and that will be exclusively on Rumble So make sure you're checking in on that if you have any questions, comments, anything like that. Uh, he loves like interfacing directly with all of you. so that will be going down at 7 p.m.

today. Uh, So some earnings, some seasonality, some updates, and uh, some wild videos and pictures coming out of San Francisco Uh, and that relates to Biden and xiin ping. So we're going to be breaking that down. We of course have some reacts.

We have some degenerate training to obviously get out of our system. Oh wait I need to do that I need to do that I need to do that. Uh, where's my poll? Start a poll Market at Open Market At Open First Men, you guys are on a five win streak I Want to say right now and let's see if we can continue it to be six? Um so whatever. you guys vote I will place that trade degenerately at Market Open.

So it's your trade, my account and we we'll see how it goes. Um, shout out to Cyprian 26 months AMC to 5.6 mil. Hey, you never know, you never know, you never know. Uh Matt you see AMC Bigam calling you out on X this morning? No.

I tend to not really pay attention to the commentary of meth heads. Um, he has me blocked. So I can't see it. It's funny.

Like like did you see this person calling you out? It's like dude, when they call you out and they have you blocked, it's not really calling you out. It's basically like trying to show your following how cool and tough you are. But I mean look at the dude, you you think he's like actually calling anyone out like at all. He's a deranged individual and I actually like I really hope he gets the help he needs like you can see like one of his Manic utterances and you could tell that that is a very unstable person.

um so no I haven't seen it cuz he has a mean block but I am now curious of what he said. um but if anything it's going to going to be similar to in the past where like the dude just like is in desperate need of like like mental medical attention. it is what it is. um and I don't know.

hopefully he gets it I don't know if he will. it's not like the US's best at like Mental Health Services uh but we'll see how it goes, we'll see how it goes, but no to answer your question more directly I've not seen it and we could talk about it later. Maybe I'll try to find it later I'll go on the Matt Cor's burner account Uh, but it might be blocked now. Some people are catching on to that because I've been public about the fact that my burner account is called the Matt Cor's burner account and they're starting to block that one.

Um, so little bit bummed, little bit bummed that I'm going to have to make Matt Kors burner account numero dose and see how long it takes for them to catch on of that so it's only a matter of time. So yeah, we could get into that a bit later at one point in the show. please remind me um, there's an interesting video I found about zero DTE trading from Wall Street Journal so I want to watch that so if I forget y someone remind me I Also want to talk about my horrible trading day on Friday um your boy like the mythical Story the mythical I Guess guy Icarus uh I flew a little bit too close to the Sun I flew a little bit too close to the Sun on Friday and it was. It truly was disastrous.

and just by like, pure unadulterated luck as many of you guys are going to learn, I'm probably one of the luckiest people on this entire planet. Uh, my account got saved so it's nowhere close to the profit that I've been having. and I want to break down the whole story of what happened how mentally I was off my game and how I like was Revenge training to make it worse and then I sized up too big and I was within a little bit. a little bit bit of truly blowing up the entire account and just because I think the best way to ever do anything with this is to be as transparent as I possibly can I want to share the whole story with you and kind of my Reflections from over the weekend of how I can hopefully avoid that in the future.

So I just want to be transparent. painfully transparent. Let you guys know everything that's going on. I didn't blow up the account on Friday but it came very very very very very close it was.

It was dangerous. So I'm going to cover that uh, a little bit later as well. But for now, let's talk about the market. Let's talk about the Old Stock Market Stock Futures dip after Moody's downgrades us Outlook now it was dipping but really not that bad.

I mean look at this. So on Friday the market had a great Green Day I mean the high was almost 441. right now we're at 439 like it, it technically is dipping I guess you could see it a bit here up the 10-minute it started dipping more so at 8:30 but really the overnight session from 1 to till 8:20 in the morning the market was heading up so dipping right now. uh but this is more of a development over the past sub one hour and really the overnight session kind of strong like we ripped all day Friday and then it kind of dipped when the Market opens up.

remember the Futures Market opens up on Sunday evening 6:00 pm the day before. obviously uh dipped caught a rally heading into the like London European session and from 8:30 dipping a bit now but nothing too crazy. If anything, I would kind of call it like I don't know a little bit of a breather from how much we actually went up on Friday Um, so eh I I don't know I think that's a little doomsday and obviously they are following up on the whole treasury news. Treasury y yields are little changed after Moody's us Outlook Downgrade So Moody's is one of three major rating agencies.

you have Moody's you have Fitch and you have S&P fit and S&P have already downgraded the Us creditworthiness. We went down from AAA to doublea plus and now Moody is saying hey, we actually might be following suit as well Moody's Cuts us Outlook to negative sighting, deficits and political polarization Moody's investor service lowered its ratings outlook on the US government to negative from stable. he ask me it took him quite a while to do that I Don't think any of us would really be describing the US government, the police itical scene as stable. but hey, at least they're finally kind of waking up pointing to Rising risks to the nation's fisical strength.

The ratings agency has affirmed the long-term issuing senior, unsecured ratings of the US at AAA AAA is the highest rating. that's where Moody's currently has it and they say, hey, watch out Bucko if you keep going down this path, we're going to lower you to double A plus one away from a perfect rating. Moody's move to cut its Outlook arrives as Congress faces a looming threat of government shutdown. Once more, the government is funded through next.

Friday So we talked about this at this point about a month and a half ago of how yeah, the government might be shutting down running out of money And then they remember we came to a deal with Kevin McCarthy and then that led to Matt Gates tingum and blah blah blah blah blah. Um, so that's now back in our lives of are we going to shut down or not? So we basically have two Fridays Uh so please just pay attention to it because this will definitely be the economic, political stock market news. probably over the next two weeks of are we or are we not shutting down? Uh, your mic volume is lower than normal testing. Let me bring it closer.

testing. Testing One two three Audio check Audio check check checkity check check check This is your boy swaggy T Coming at you live through the the streets that you know fostered me. Wall Street better, better, better, better, way better. Thank you Fish Queef, You always.

You're always willing to tell me how it is straight up and that's that's what I like about you. Mr Queef is you just tell me straight up what's good, what's bad. Thank you thank you thank you thank you. Anyway, where were we in the context of higher interest rates without effective fiscal policy measures to reduce government spending or increase revenues Moody Expects that the US fiscal deficits will remain very large, significantly weaking debt afford ility Brinksmanship in Washington has also been a contributing factor.

So basically they're just calling out how our government and the FED spend money like drunken Sailors and then argue about the best way to stop spending money like drunken Sailors Continued political polarization within US Congress Raises the risk that successive governments will not be able to reach consensus on a fiscal plan to slow the decline in debt affordability. Once again, we are just the money we're spending. We're spending it way faster than then. we're bringing it in.

That's what we have: A multi-trillion dollar deficit. As far as keeping the nation's rating at AAA Moody Said that it expects the US to retain its exceptional economic strength. Further, Positive Growth surprises over the medium term could at least slow the deterioration in debt affordability. While the statement by Moody maintains the US AAA rating, we disagree with the shift to a negative outlook.

The American economy remains strong and the treasury Securities of the world's preeminent safe and liquid asset. So the final thing, yeah, I Don't think treasuries are going to go anywhere I Don't think there's like much of a risk to them. Um, but Moody's I Also, don't think is wrong for saying hey, maybe this isn't a top Tier credit worthiness situation where every single time it comes around to discussing funding once again, it becomes a huge fight and the American populace you me and everyone else has to wonder is the government going to shut down And of course, if you ask the current Administration all they do is blame the Republicans Moody's decision to change the US Outlook is yet another consequence of congressional Republican extremism and dysfunction. Um, so if you ask the Press Secretary of the White House of the current Administration uh, this problem is exclusively because of Republican extremism and dysfunction and the Democrats have literally none of the blame in this situation which is crazy.

Um, if you ask me because I think it's all of them all Republicans all Democrats I mean I trust them as far as I can throw them and I haven't been to the gym in a hot minute so I ain't throwing them very far. it's just a it's a clown show. it's an absolute clown show. Consumer spending fell in October according to a new CNBC NRF Retail monitor track and card transactions October Retail sales excluding autos and gas fell by 0.08% The October data accounting for more than 500 billion in sales showed weakness in gas station sales Electronics and appliances and furniture and home stores I Did a little bit more of a deep dive into this just because I've been tracking what's going on with credit card debt.

Yes, it's still above a trilly that's trilly with a tea I'm not saying Millie I'm not saying Billy I'm saying Us credit card debt is above a trillion and unfortunately, defaults are also starting to uptick as especially when you align that with student loan repayments restarting. So in terms of extra cushion, extra disposable income, that cushion that I'm alluding to is very much deteriorating. The cushion was pretty high during The Rona period because people were getting stimulus checks, not spending money, we were all locked inside and now the financial situation is getting worse because inflation is ripping everyone's faces off and people are still continuing to spend. It's interesting because this time around, how are people handling inflation? They're not necessarily like majorly cutting back on spending.

If anything, they're just putting it on to credit cards. That's the current Trend we see now and we also have just in terms of a median reading. we have very high interest payments so that's not good and the defaults are starting to uptick. So overall we're Brewing something that doesn't seem to be the best situation if you ask me.

In terms of this week, the major things to pay attention to: I Did allude to this in the newsletter Maor Locals.com It is the second link in the description of the video. You can get that newsletter for free. There's also a goon Discord if you want a one month trial of that. Discord for free use the code Gooni G N I E.

We'll get you into our trading Community Discord For free for a month to see if it's for you anyway CPI coming out tomorrow Tuesday November 14th an hour before the Market opens on Wednesday PPI and retail sales and later this week on Friday we get the CPI from the Euro zone. So the name of the game for this week in terms of major macroeconomic events is Inflation update. So we're going to be getting like I said CPI PPI retail sales and more CPI from the Euro zone. So that's going to be going down.

So Tuesday Wednesday and Friday of this week is when we are getting inflation updates. In terms of political updates, everything Biden and X need to form need from their Summit starting with each other. So these two dudes um, leader of the US leader of China will I Don't know if they've already been speaking, but their big talk is this: Wednesday One is the self-styled workingclass hero and defender of democracy. frustrated at not getting his due for a reust economy as elections Blw, you know he is I I Think that's how many of us would describe him Biden Just when when you say Biden to me, I Don't think old man who is slowly but surely turning into a Roomba I think workingclass hero and defender of democracy.

the other is an enigmatic Imperial leader Born Into The political Elite building authoritarian alliances around the world even as his economy confronts a generational slowdown. This this sounds like The Prelude to a boxing match. did Dana White write this? Is he like just getting everyone like kind of jacked up. He's like and like they're about to go like five rounds on the mat is crazy.

that Joe Biden and XI Jingping lead the world's largest economy should be reasoned enough for them to overcome their clashing biographies. and World Views when they sit down for a Tay to Tate in San Francisco which is a fancy way to say chitchat I had to look it up I did not know that myself. So anyway, they're speaking in SF this Wednesday they'll also be acknowledging something they'd probably prefer not to. They need each others.

and this is the point where like if I was really on my game today I'd have like a hard kind of like pop up over their heads. um but what's interesting is I saw this first on Twitter that they're meeting in San Francisco and then people kind of pointed out how this is how San Francisco looked a couple days ago and now this is how San Francisco looks so out of nowhere. San Francisco Finally fixed the homeless crisis. All it took was a visit from a world dictator.

uh, and then obviously before the President of China and now right now that he's coming cleaning it up. Definitely hiding our homeless issue. Uh San Francisco homeless population was entirely cleared out for XI Jingping. The government can easily fix our cities overnight.

It just doesn't want to. Uh, so here's a video of from over the weekend: San Francisco of how like they'll just clean it up whenever they want. How crazy is that? Just completely clean it up so they kind of shows you that they could to a certain degree I Don't know if it's good or bad I'm not there I Don't know how they solved it, but they can clean it up pretty quickly if they so choose. It makes you wonder where are they putting them like all of a sudden when uh, preeminent world powers is coming to visit and you want to put on like this whatever show, like where do they go in the time being like are they just hiding them in a building? do they ship them to another city like I Kind of want to know what happens.

they use a giant vacuum out of the sky. Interesting. I didn't read up on that, but that sounds interesting. Um, uh Matt You should wear a Maga hat I'm with you 100% I wouldn't wear Maga hat I Don't like any of I Think all of our politicians are absolute pieces of all of them across the board I Think they're narcissistic I Think they're money hungry I think they're power hungry I don't think anything I don't it's I think they're few and far between.

To find a politician who actually cares about their constituents and doesn't care about themselves I Have an issue with them all across the board. Doesn't matter if they're left right, um, center of the aisle extremist, It doesn't matter to me. I have a lot of issues with all of them with all of them like whatever. Speaking of that, Tim Scott drops out of 2024 presidential race.

so I think right now obviously Trump is leading for the GOP then you have DeSantis then you have Vic Then you have Nikki Haley and then after that is Chris Christie I think Chris Christie will most likely be dropping out as well. same as Tim Scott before the fourth GOP debate which is going down in Alabama in early December Um, so I wouldn't be surprised if we have another Dropout most likely going to be. It's just the next guy who's polling the lowest is going to be Chris Christie. So I assume on the stage will be the santis Nikki Haley and Vic I assume it's going to be to those three.

but even then, uh, you have Des santis who's the most popular in that group BAS based on polling and but he's still far behind Trump who has not been at a singular debate sonck fires Braverman and names David Cameron Foreign secretary Big surprise over the weekend. but I guess David Cameron is the ex prime minister? Um, he is back on the scene in European politics and this came as a surprise to pretty much everyone. So this is an official being quoted by Bloomberg colleagues that that's saying that the UK's Sunak has fired the Home Secretary Soel Bravman. the Press Association.

Going on to say that the UK conservatives will conduct a ministerial reshuffle. Well, that would make sense. If the Home Secretary has been fired, then you would need to see some sort of reshuffle. This, of course.

cont of the criticism that she leveled at Pro Palestinian Uh. protesters. Uh, that was controversial. It was criticized.

We then saw some very, uh, violent scenes involving counter protesters in London over the weekend. there was also talk of her not clearing some of her comments about Palestinian protesters uh through number 10 and so all of that added up to a lot of questions being asked about whether she would survive the week. Uh, we were then moving towards a verdict from the Supreme Court which meant that the timing got a little bit difficult for the Prime Minister And so perhaps in the context of all of that, not so much of a surprise that if if this is well, this is what we're H for an official now, then that Sunak has fired his Home Secretary Suella Uh Bravman. So will this open up a period of infighting within the conservative party? That's the question because she represented the right of the party and that's she was doing in the cabinet.

Really? sort of bringing that side of the party into The front bench. What happens now from that perspective. So little bit of a shakeup Once again, this is all going down in Europe Rishi Senuk fired Home Secretary Braverman after she defied his authority over handling of a pro Palestinian March and was accused of emboldening a far-right counter-protest which turned violent on Saturday The Premier appointed cleverly to replace her, moving the foreign office. An official familiar with the matter said the move is part of a broader cabinet reshuffled in an unexpected move, the former PM David Cameron was confirmed as the new foreign secretary shortly after being filmed entering 10.

Downing Street So uh, the way we have political turmoil seemingly here in the US, especially on like a various amount of social issues. Apparently that's also going down with our friends across the pond. Now bringing it back here. Ford's production workers at Kentucky Louisville vote against new labor deal.

The Marvels has the worst opening weekend ever for any MCU film at 47 million hot take. But do you think that the Marvel's Dynasty the Marvel Cinematic Universe is now in the ninth inning? Do you think this is Dunzo? Because everyone is a bigger flop than than the previous and for a bit there it was all anyone could talk about. It's all anyone was paying attention to. but now just the desire is not there whatsoever.

So my question to you is do you think this is a momentary blip and then they eventually like, get back to what they were doing Or do you think it's kind of dunzo? Like do you think this is just like the very sad, like slow death of the MCU The Marvels generated an estimated 47 m million domestically over its debut weekend, the lowest in franchise history. Initial predictions saw the latest Marvel Cinematic Universe film opening between 75 and 80 million domestically. so a little bit more than half of expectations. Not good.

The only MCU films that have opened lower than 60 million have been the 2015's Ant-Man and the 2008's Incredible Hulk Disney and Marvel Studios have struggled to reconnect with audiences in the post endgame era. They definitely have The fact that this is underperforming. The 2008 Incredible Hulk is insane. That is absolutely ridiculous.

So uh, not good for Disney Not good for movie theaters. It's just they're not making movies that a lot of people want to see. I Mean obviously some people are seeing it. It's all got 47 million, but it's still vastly under expectations.

They expected 80 million and it hit 47. the worst one ever. That's crazy. Hey buddy, Long time I Marked the weekend spy.

low and highs on T and Weeble on the 5 minute time period. They are different. Is that normal? Uh yeah, it's probably Brambl. There's sometimes like fake or like BS Data like this isn't a real trade.

You see this giant Wick at the end of the day. Um, so look intraday. the low came at 10:30 and the high came at the end of the day. Um, but if you're at like depending on the brokerage you're on or the charting software you're on, it might be using a different data point I Noticed it myself this morning.

so then I went to the in chart to get the actual proper highs and lows. It happens once in a while. Um, just like bad data, it happens. Exxon aims to become the top Lithium producer for EVS With Arkansas drill operation, Exi Mobile announced plans to produce Lithium for Ev batteries as soon as 2027.

The oil giant is standing up a Lithium drilling operation in Arkansas after purchasing 1200. Acres Wow. Wow. Uh, 12,000 Excuse me? Uh, no.

100 20,000 What am I trying to say? This is what happens when I don't have enough espresso. This is why I need to get up to 6 seven eight shots instead of just being at five. 120,000 Acres Excuse me. a lot of geological site called the Smackover formation Exxon aims to supply enough of the minerial to support the manufacturer of 1 million EVS annually by 2030.

So Exxon obviously we think of them in the world of Black Gold I'm talking about crude I'm talking about oil Lithium. We were talking about this on the Uh in the Discord this morning. I Truly think that? well I don't even think this is like much of a big brain call out because a lot of our world, an Upstream raw material that they need for like this new age of tech is Lithium. Lithium is not currently in high Supply So there's going to be a various amount of companies who make the early move to get into Lithium and then produce like really the technical production uh, for years to come and Exxon I'm I'm surprised that Exxon's one of the first ones making this major move but Lithium and the mining of it, the refining of it, the delivery of it for the remainder of this decade and I would argue for the upcoming decade.

I Think there's going to be a lot of money made on the popularity of Lithium and actually I would also argue similarly with uranium those are two over the next. I don't know 5 to 15 years that I think are going to have quite the Run Lithium and uranium. Uh, but anyway, Lithium I Guess Exxon's making a move on that right now. So uh, talking about individual companies, all that we're still technically in earning season.

Uh, there's a couple ones that I'm paying attention to. Obviously, after the market closes today, I'm going to be paying attention to rumble and then interviewing the CEO at 7 p.m ET exclusively on Rumble If you're watching on YouTube right now, uh, and you want to listen to this interview I Highly recommend you do. They always go super super well in the past I'm expecting nothing different. Today should be a great conversation 700 P.m.

ET Today Monday November 13th, 7 pm. Market calendar We will be going live exclusively from Rumble to talk with the CEO and founder later this week. Home Depot Target JD TJ Maxx Um Xping I know some of you are still in Walmart Alibaba Macy's BJs Ross Gap Dolby So there's still earnings but in terms of like the mega ones like what's going on with Apple, what's going on with Microsoft those are behind us. The other major Tech play that you might need to know past this week is on Tuesday the 21st of November we're going to be hearing from Nvidia Thanks Bud Miss chatting with you and annoying you with questions I Hope to be back every day for a while again.

You rock brambles! That's so kind of you I truly truly appreciate that. Um, that's so nice. Uh folks Mc. Locals.com You can get this newsletter for absolutely free and then obviously it's still going to the people who a member of the Discord Uh, the Gooni Discord But I do a breakdown of what happened the previous week.

What? I'm looking forward to the upcoming week. You could also find the link to the gooni. Discord You need to be a supporter, not just a member. and you can be a supporter for free for one month by using the code goon.

So if you want to join in Mls.com and that will get you connected to the Discord, there's a giant button on the top right that is like clearly for the Discord you're not going to miss it. Uh, all the earnings, all the seasonality, all the major macroecon Iic events I Want to put everything in one place in the newsletter so you don't have to jump around and find all these things throughout the week. But in terms of seasonality, I Also give you the quantitative seasonality of every individual day of the upcoming week. Today does favor the Bulls.

Over the past 25 years, the Bulls have won this day 58% of the time with a profit factor of 2.07 What does that mean? That means for every dollar spent in the bullish Direction $2 have be have been returned. and then this is. obviously. look at the equity curve for this individual day over the past 25 years.

Now this isn't a guarantee I'm saying it, it's the Bulls Have a better chance than flipping a coin but by no means is it a guarantee. and then you can see what's going down. Uh, later this week I give you an update on how the Zer DT option strategy is going. It went eight out of 10 last week Monday Tuesday Wednesday Thursday it hit Friday it Miss on both.

This cost me dearly I'll be explaining that later. I Do some chart breakdowns of the major things people are paying attention to I Do want to talk about how Tesla is potentially putting in an inverse shoulder head? shoulder should be bullish? Looking for the test of 230 Upside: Gap fill of 242 Just want to give that to you guys right now. Um, there's a couple of other things that I want to talk about. but before we do that, what is the time? Uhoh uhoh you guys voted bullish.

Order filed order: Target F Target failed. Uh well that one hit over here. You could see the three pink lines and then this has no profit that it's going for. Order filled.

Boom 330 Locked in. Thank you thank you thank you thank you! You guys are on a six day win streak. Um I Very much appreciate it. The Account: You guys have actually traded this account so well as of today it has officially passed the Prop Challenge.

Folks folks, this ain't no normal day that you guys were trading for me. You guys have officially traded well enough that this account is now funded. How ridiculous is that? Every s if you are KN new to this of what's going on, this is a Prop account. We start with 50k.

It's now at 53.1k To pass the Prop Challenge you have to gain 3K without having a 2K draw down. Uh, and you guys have done that. You guys have. Look, look at the account 53.1k on that trade right there you guys have now off like your degeneracy at Market Open has officially passed you.

you. You guys are nuts. That's crazy. Um that's actually truly ridiculous.

So do you guys thumbs up. Do you guys actually want me to pay to fund it and then we'll actually go to like real real money? like do do I have to split the money with you? That's my real question is I know you guys want me to pay to get it fully funded now because you passed the test. So like why not? Um but do I have to split the profits with you Or what we could do is how about this? How about I pay to get it funded and then all of the profits as soon as the money actually is taken out of the account and put into mind. what if I just give it back to you guys like we'll do the Friday paydays again I'll let you guys trade this account for your own payday.

Fridays This was paper trading. It was paper trading to pass the test. but now you guys passed the test. So how about that? I it'll probably take till tomorrow I Don't know when it officially goes to like because I know you have to transfer the account over or something like that I could just do that and then as the money comes out I'll do payday Fridays and I'll just give it back to you guys I Kind of like that so that'll entice you to keep voting as like whatever you think the best vote actually is.

Uh, because you guys will be getting the money. all the profits AMC you over my dead body I wouldn't want to. Just like literally I wouldn't want to. uh, burn money like that if you will.

You know? So anyway, let's get this back up. Let's get this back up. Uh anyway. yes ding ding ding ding.

The casino is open. Best of luck to all. Play responsibly if not have tons of fun. Dude, money is not real.

It doesn't matter, the casino's open, just have a good time, have a good time. and obviously I want to dedicate this following song to all of you beautiful people. Uh, because hang on can I sign in I Need to find my soundboard? Why am I not on my soundboard? I'm dedicating this to you guys because not only did you have a killer trade this morning where you made over $300 but you officially passed the entire test which is awesome. stre Street Wall Street Wall Street Wall Street Wall Street Wall Street Wall Street Now mying got eyes on me Wall Street Shout out, Shout out you guys, You're paying for that Texas Roadhouse Like it's no other, You're paying for that Texas Roadhouse Like it's no other.

Um, what's up with the hashtag on Twitter Oh the one with me. um they hate us cuz they Ain us. you know trce they created a hashtag about me in an effort to show or to highlight I suppose my irrelevance uh, which is kind of interesting cuz I always thought only relevant people got their own hashtag. They would yell at me that I was irrelevant and then they spent all day Saturday In all day Sunday hosting Twitter Space calls against me uh which is particularly funny.

They're like you're irrelevant and then they spent two days of their life talking about the world's number one Pico influencer They're like we just got to keep talking about Matt over and over and over again. So that's what they did. Uh, your you're so irrelevant that they can't stop obsessing about you. It it's kind of weird.

like the power Dynamic is strange because like you can tell that they get like so frustrated and it like consumes their life. and then if there was uh like a Truman Style Show with me like I see it on Twitter I laugh and then I go like play with my cat so they're losing their mind. they're fighting and like w oh my God and they think they're some sort of like Wall Street genius and they're so formed and they're so right. even though they keep losing money and they think like I'm engaging with them and like really care and folks I like I cannot express how quickly I put my phone down and then I just go do dumb things I'll go do my laundry I'll go play with my cat I'll like watch random shows like it just doesn't matter to me.

Uh, but in their minds it's like the biggest thing ever and most of the time I have to get updates from you guys cuz a lot of them have me blocked and then they block me. so I block them and then we get into a weird blocking war of like who's going to block each other harder and then this is where we're at. This is where're at. They don't want anyone giving realistic guidance to the retail investors.

Yeah, I mean it. It's sub a thousand people at this point. Like the true true cult members, they're slowly but surely dying off because their accounts are quickly going to zero. So there's less than a thousand people on this planet who are like basically gargling Adam Aaron's balls and they're just like sick fans supporting him and you could see it.

You could see it in the price action. Uh, you could see it in the movie sales like there just you could see it. that aure that used to be around Adam Aaron and people supporting him, they started to realize that he's full of he's a scumbag he's a piece of and then not only from a financial thing, but dude. I mean the dude thought he was sexting 17year olds like and it turned out to be a catfish.

which is doubly bad because that means first of all, what he thought thought he was doing was already in. incredibly inappropriate. He thought he was like sending inappropriate not safe for work messages to a 17-year-old and obviously that's messed up. And then he was also so dumb that he didn't even realize he was being catfished.

So that whole situation is doubly bad. and I think for a lot of people, rightfully so. that was the straw that broke the camel's back because they're like oh wow, do I want to really be supporting a guy like this like he's just he's disgusting. like he's just absolutely disgusting.

Um, so we'll see, we'll see how it all ends. but uh. I I don't think it's going to I don't think it's going to be ending well. how do you defend that? I they are defending it like I saw people like dude like like yo Adam Aon's so cool he sends naked pictures I was like that was their I guess like giant sign that he's like on their side that he's just like a normal dude cuz he's sending naked pictures like there was people that really into it.

Hey Matt did you see that Meet Kevin deleted all of his videos I did see that Derek um I actually just saw it this morning I got a phone call. they're like dude. why did meet Kevin delete all his videos and I went to his channel and there's one video on his channel called why I deleted my YouTube and I watched part of it I didn't like it was too close to this morning show that I couldn't finish it so I need to watch it after. um so if you guys want to give me the tldr um feel free or we can watch it together or something um I don't Yeah but apparently me Kevin has taken down or he probably didn't delete it.

he probably privated it and like you could do that on this side. like when you're on the content creator side. you can choose to hide certain videos so he probably just went through the extent to hide all of his videos. Um I bet AA sends hot nudes.

oh I'm sure he does. He should probably sell those as an Nft. I Think the guy should rot in prison personally, but that's just one man's opinion. one man's opinion who got catfish Adam Aaron got catfish he got he thought he was talking to a 17-year-old and it was like a 35y old person who's like trying to extort him and then he got the FBI involved and it was crazy Kevin wants to kind of restart his channel in the old 2017 way Propet Is he still talking about Finance or is he going to talk about like a new genre of thing.

He's trying to grow more avocados. He's getting into that avocado business. Let's catfish him again. Jesus I Don't think anyone should be doing that since it was kind of enough to spend half my account on this message.

Can everyone please take a second to fondle the like button? You guys have a problem. uh me Kevin wants to be a politician explains everything. Okay, so he he's going more still finance and real estate. so it's Finance real estate and politics.

but he like restarting. uh, inappropriate. isn't sex thing a minor illegal? I thought it was. but I'm also no lawyer I'm no lawyer.

but it sounds like it should have been pretty freaking illegal anyway. Um, you guys know it. You guys know me if you watch me for any amount of time, especially at Market open, you know I like to wait those first 10, 20, 30 minutes. uh, to see what's going on.

And in fact, the system that I'm currently using it doesn't even fire a bullish or a bearish signal until earliest at 10:00 a.m. But sometimes it doesn't fire a signal at all. so there's for me. I Like to just see how things are opening up, especially on a Monday just to see what is or isn't happening.

Obviously, this opening was pretty brutal. You guys got the call out right though. You said minute one's going to be green. Minute one was very green.

So massive. Congrats to you guys! Uh, since then, a little bit of a hit, but if we were to be watching major levels, we're not really at a major level. Well, you could argue the high from Thursday of last week we're still on the top side of the EMA Cloud This is bullish. We recaptured this trend line.

We do have another upside trend line Target at 44250 so kind of watching that we might be getting support at 43850. I'd be looking for the breakout of 441 from there 44250 but we're still kind of trending up so this sometimes it is in my opinion beneficial to take a step back and realize where we are in the grand picture. So this might seem scary, but then when you realize what's going on in the daily, things are actually pretty strong. Speaking of scary, Tesla is getting merked from open 217 down to 212.

There was some news about Tesla this morning um, a partnership with something going down in Europe for their charging station. So I thought that would actually be kind of beneficial for Tesla so we could dive into that. but Tesla selloff might be just related to the tech sector finally cooling off the tech sector. Q's they're I mean incredibly strong Look at this.

Look at this monster. Not only is it on the top side of its EMA Cloud it broke out of this bull Channel These downward facing channels Lower highs, lower lows, perfect parallel lines. These are referred to as bull channels because they commonly break to the upside. They're tough to play though because you don't know on what attempt it's going to break if it breaks to the upside at all.

Was it going to come here back in August Was it going to come here in September midt in October No. The breakout finally came in November So even though they're called bull channels cuz they commonly break to the upside, it's not a guarantee they break to the upside. and it's also you don't know when it's going to come. so they're not necessarily the easiest technical structure to change uh to trade.

But anyway, that point aside, the EMA cloud is now officially green. The price actions on top of the EM Cloud it's holding the trend line. breakout. Lots of strength in the tech sector.

Speaking of strength, Crypto still holding Bitcoin almost all weekend above 37k you have East holding above 2K uh I Know Salana is still hot hot hot Tamali training at 56 not long ago I'm talking in September Salana was at 20 so salana ripping. what's the other one that you guys like to try to shill to everyone else in the Discord how's good old Pepe doing I got out of my pepe and I switched it back to Eth and I just did it when I was break even. My break even was somewhere between 12 and 13. so I got out on this pump on Thursday Friday and just swapped It back over to East.

So right now my major Holdings are big coin and ethereum I just want to be transparent in front with all like upfront with all of you. Um so Solano is going when things rip like that I never really get that interested in chasing it like I don't want to be the person who's late to the party you want to be in when it's low and everyone's telling you that you're dumb to be buying it and then it pops. but when everyone's talking about it like I don't know I just like to fade the crowd. When everyone's telling you how great something is, it makes me think that okay, it's time for a breather Matt is only the Mag s that rally last week? Yeah, so it's your I mean Microsoft Hdden did it hit a new alltime high I know it hadn't As Profit pointed out I believe it was, you profit Microsoft all-time high? Yes, Okay, so it had an all-time high and an all-time high close on Friday So Microsoft definitely helping with the charge to the upside.

um in the newsletter I was talking about this breakout literally in mid October and since there this is blowing my mind. it wasn't an easy thing to do because you had this Gap up, then it vomited. Then it ripped. like not an easy trade but if you could.

White Knuckle this If you had the stomach for this choppiness dude that led to some nice profits on Old Microsoft Obviously Netflix also doing very well since its earnings continuing to climb to the upside. I'm looking for the break and hold above 450. um. Meta fighting up cup handle.

Uh, looking for this break and hold above 330 meta? Maybe it comes. Maybe it doesn't. but I'm watching that 330 line. Nvidia On the report that they've created a new CPU that can be sold to China without violating any of the I guess restrictions placed by the Biden Administration huge pop in Nvidia getting over one two trend lines over the EMA Cloud holding it I Mean at this point, it might be targeting its all-time high of 500 Tesla Out of all the big Tech plays, Tesla's actually the weak one.

On an interesting note, relative to everything else that we're talking about right now, Tesla's clearly the weak one and the other one that's been strong lately is the world's biggest company Apple Once again capturing important trend lines, getting on top of its EMA cloud and really getting some upside Gap fills. We got that earlier, but now there's still an upside Gap all the way to almost 191 technically 19069. So I'm watching that if it has momentum, but I wouldn't be surprised if it needs to consolidate a bit before actually hitting that. Target Um, so that I mean it.

It's the big Tech plays and you could watch Tech specifically through the Xlk ETF. So Xlk is the technology plays within the S&P 500. You might be thinking hey man, I thought that was QQQ Remember QQQ does have a big emphasis on Tech but really the Investco QQQ trust a better way to describe it is the top plays in the S&P 500 excluding Finance while Xlk is actually the pure Tech play. so they're very, very similar but not exactly the same.

So Xlk is for the tech sector XLE is the energy sector oil currently trading at 78 a barrel. Uh, that's XLE XLF is the financial sector making a nice comeback going from 3150 up to 3380. So Xlk XLE XLF are the three major ones that I personally pay attention to just because when you look at it in a weight adjusted manner, they have the biggest influence on the S&P 500. There are other ones.

Xlu is utilities Xli is Industrials XLV is going to be Healthcare Um, so really the only Healthcare player I personally pay attention to is UNH I've been in this one for a while. It has a decent dividend and on top of that, it just keeps going up and up and up. Um, so those are the sectors that you could pay attention to. just want to kind of go over them.

but I like to pay attention to Xlk E and F but you still have Uiv and some other ones, but I mean you could kind of see it. If you go over to Finis, you can kind of see the different sectors here: Technology, Communication Services Consumer defensive Healthcare Cyclical Financial Um so this is a heat map of the S&P 500 and once again, um I'm in no way associated with them I Just really like their this I think this is cool? Uh, you could get it on Finn Viz it's completely free I'm like I said in no way associated with them. Um, but I think it's a cool tool to kind of monitor what's going on throughout the day. Once again, you could get it on Fin viz.

Speaking of that of who we're actually partnered up with today, shout out to Street Beat if you're watching this right now. give Streetbeat a try. I Think you're really, really going to enjoy it. So Street Be is a Robo advisor.

Yes, you can buy and sell stock the way you normally would on any normal brokerage. If you're curious, they do not engage in payment for orderflow. but I don't think that's what makes them stand apart. What makes them stand apart is this: Robo Advisor: Streety is integrated with AI so you can utilize AI to create your own trading strategies.

On top of that, they already have some pre-built trading strategies such as what's going on in Congress Whatever Congress is buying or selling an aggregate. You could be buying or selling in aggregate. So anyway, that's just one example. They are starting to get partnered up with other brokerages.

So if you want to leave your money in one brokerage, but then use straight Beach trading strategies that either they've pre-created or the ones you create for yourself, you can do so, it is free to download. It's on the Apple App Store it's on the Google Play Store and you can get a free 30-day trial with the code Matt So test it out if it's for you. which I Really think it's going to be good? Awesome. And then if it's not really exactly your speed, if it's not what you're necessarily looking for, okay, no harm, no foul, didn't cost you any money anyway.

So anyway, shout out to Streetbeat for being the partner of today's stream. Pinn To the top of chat in the description of the video when you are signing up on the very first or maybe the second page. that's when you would enter an M. A shout out to Streetbeat All right Market Pop first two minutes, then got hit basing right now.

Uh let's see what's going on in the world of options, options, options, options. Let's see what the world is telling us. the Dgen options Players Let's look, let's look. we'll change this up.

uh. options also sold right at Market Open started to pick up price didn't pick up, then options kind of got hit a little bit so uh we'll monitor this throughout the day to see what happens to the net. Delta Are people buying calls getting out of puts? or are they buying puts getting out of calls? That will be the overall change in the net. Delta If this starts to pick up, that's obviously bullish.

most likely not a guarantee, but most likely price action will follow and then vice versa. If you see options getting more negative Delta That's a bit of a bearish development and wouldn't be so surprising to see price go the other way in terms of leading lagging. Sometimes price leads options, other times options lead price, so there's not I guess like a perfect Golden Rule of like, oh, options first. Then price doesn't always happen like that.

and that's just because it depends on what expiration you're looking at the time left in the day. What's the gamma exposure? What's really the gamma risk? What's the Delta Expos Ure Are there big announcements? So there's a myriad of things that you have to consider when you're trying to Overlay price action with the options movement itself. but right here in real time, you can see that the options are starting to pick up. I Would not be surprised if price is about to pop as well.

Uh, the next level I'd be looking at is just above 439. about 43920. But literally in real time you can see options are getting more aggressive and specifically what's happening is some puts are getting closed, but you more so can see that people are buying calls. So and that's a big difference is something looking bullish because it's actually bullish as if people are buying calls or is it looking less bearish because people are just closing outputs.

So both might seem the same in terms of price action, but in my mind there's a different strength to the situation. Are people legitimately bullish? or are they just less bearish? Those are two different things that at first might look the same. but right here you actually see people getting less bearish closing out of puts that's in the bottom of your screen while actually getting more bullish. Buying into calls and you see that for the zero DTE which is going to be this purple line or excuse me, the green line that's zero DTE And then you also have this orange line which is all expiration.

Um, but really I mean you can see the spike right here. No surprise that the Market's going up. Look at that. Tesla Recovery.

Look at this Nidia maybe starting to pick up. How's Bitty bitty Bitcoin looking 36.6 up to 36.7 All right, All right, all right Tesla Dude making that comeback Meta Netflix Microsoft Apple Amazon Rum rum at 450? Hopefully they Crush their earnings. You have oil trading a bit higher from Market open until now going from 7730 to 7790. Um, you can almost like feel the bull Camp pulling this price action out of the dip.

They're like, all right, like just almost like the giant plane. They're like, all right. pull this back up up so we'll keep monitoring the options Market But I'm seeing some aggression on the bullish side so let's just keep watching I haven't done anything yet. Uh I tend to not really do anything uh, before 10: a.m.

So there's a couple things I want to go over? First of all, sign up for the newsletter Mac. Locals.com and also on Locals. That's where you can find the connection to Discord In fact, they built me out a specialty connection right here. If you are on Locals Mac Locals.com you can find it goon Discord You click that button.

Easy, Easy peasy, lemon squeezies so make sure you're checking that out I Found a weird story I Just wanted to share Los Angeles Mansion Owners test $150,000 rents as sales slump, some owners are seeking to lease luxury properties instead of selling as a new mansion. Tax and entertainment industry turmoil Loom Over the market. Who who has $150,000 a month for rent? like at that point? Don't they just buy whatever house they want this week? Rob DeSantis Not Ron Rob DeSantis listed his seven bedroom, 12 bath manhatt and Beach Waterfront house for rent at 150k a month for leases of 90 days or less. So he's talking about 450k almost half a mill for 3 months.

The nearly 13,000 square foot property is one of five. uh, he owns in California a Serial entrepreneur who co-founded Ariba and was on an early investor in Linked. I Mean it's obviously a beautiful property, but 150,000 a month? dude. What? I I got to be a better Trader or something.

Some I need to do something man because the fact that some people in this world can afford I I feel like I'm missing out? Uh, sounds like something Kores would be able to afford, he would, but he's a better Trader than I am. so that kind of like adds up 150,000 Rob DeSantis live next to Mo Biden That's funny. All right, All right, All right. All right.

well, Market Diving pretty heavily. So 10 minute EMA Cloud Red 30 minute EMA Cloud may be saving itself coming up to support in the S&P 500. Let me load up the one for the NASDAQ just because on a relative basis, that's been a bit stronger. Here we go: Uh, 5 minute diving, 10 minute diving 30 minute below? its 48 EMA And here's the daily.

uh let's move this up just so we can see I mean Friday was explosive movement to the upside. Um so I guess we're getting some mean reversion. Definitely appears that we're getting o the spy. Oh look at this dump in options options.

try to get it going for a second there and then someone started dumping all the zero. DTE What happened? Yeah, someone's going hard on puts right now. the calls were kind of flat and now they're getting dumped and someone's going aggressively into puts. Interesante me amigo interesante.

Oh so YouTube Kind of restricted. just my normal comments, but not live chat comments. Uh, they're one and the same. If you can chat in, live chat, you can chat on normal like it's not like two different buckets if that makes sense.

Crazy pasta. Uh, several American soldiers have been killed in military base in Syria things are about to pop off? Rut R Rut R Should we all go in together? Do you think as a group we could afford 150,000 in rent? Like if we get 150 people together just 150 of you. You know what? 300 of Us come together and we each pay $500 Do you guys want to do that? Maybe like just whatever group of us in here, like 300 of the closest people. We all just pay 500 bucks.

Or we could do 150 people even a closer net. Maybe like a giant trading house. 150 people a th000 each for one month? Come on guys, come on guys. just I I'm seeing a lot of negativity on this one, but just let it percolate a little bit in the back of your mind.

We could do the Goony House, the official Goon trading house and we just need 150 people ,000 a month. I Call Top Bunk Dude. our bunk beds would have Bunk beds. It would be like a six Decker bunk bed I Want the master and I'll pay 1,100 Well he already called Dib so I guess that's all yours now Owner: What are we renting? We're renting at Giant House in Manhattan Beach that's 150k a month.

Uh but we can only do it for 3 months so this is going to be like a summer Vibe I guess we'll just do it for winter. let's just do it. January February March this is what was happened I comment and Duncan and Disney woke movies Marvels and how horrible it is in YouTube Bann Me from comments: oh well, we can see you in here. How many bedrooms? What was it? seven I think six or seven.

So if we do 150 people we're going to have to do like 25 P people to a room. Is that cool with everyone? Maybe the the master bedroom a little a little bit bigger. Are we all cool with that? We all cool with that. What do we have going now? What is this? Uh right.

hang on you guys s in. a couple things. let's just watch this teaching. What is this Teaching kids about taxes with their Halloween candy.

Every parent should do this ready. So for the taxes part of taxes is I take 30% At least you you said only 7% No, No no 30% That's that's that's income tax right here. Okay hold on. hey stop.

You can't take it back. It's the government. It's the government now. Okay, stop.

Okay and then I'm taking another little bit for p ition Okay, I'll give it to you. No, no, I'll give you this when you retire. Okay, then I'll take a little bit fore this when you retire. Okay, okay, little bit for EI And then we got a little bit for sales tax.

Okay, and that will take a little bit for carbon tax. Okay, so that's that's how we all feel paying taxes. Call me the government. That's your pile.

You're welome feels about right, feels about right. I Guess some painful, some painful lessons. But for real though, do you all ever think about we're going to tell our kids. What are we going to tell our kids? Do y'all ever think about what we're going to tell our kids about what being a parent was like when they were kids cuz if you say it out loud, it's like wow, this shit's actually pretty crazy.

Like listen kids, the government was was out of control. They had literally poisoned everything and they were sending all of our money to other countries so we were like oh my God we can't pay their bills and they were like oh my God but these countries over here need your money. So anyway the food was poisoned, the water was poisoned so we had to like start buying food from local farmers and we didn't really eat a lot of fruits and vegetables just cuz the quality was so bad cuz you know the government poisoned everything. What was even crazier is the medical industry was basically the mafia and they were like the number one killer of people in America but you couldn't say anything about it cuz like I said they were like literally the mafia.

So anyways, we did a lot of things to make sure you guys could keep your fertility as you got older. So uh yeah, that's why we're Farmers Any questions, she's not wrong. All right. I Think we have one more that you guys send in for now and we have some other things to go over these: uh Joe Biden President as a room of things will never make me not laugh.

As soon as Shane Gillis made this joke, it was very evident that this would go absurdly viral because he spot on in his description of our current sitting president. Whenever he's done with any speech or doing anything, he truly does act like a Roomba and now this is just it's just exploding. it's going Ultra Ultra viral and it's because it's absolutely hilarious. What a bunch of Maly What a bunch of malarkey he's running over my feet out of the way Jack I Need a recharge? out of my way Jack Need to recharge Hey pretty funny will always make me laugh Tesla Making a comeback is Tesla going to be the one who saves us today is Tesla going to be our savior is he Ela is Elon GNA save us what else is up Nvidia's whoa Nvidia popping Team all the uh Invidia bues out there pippy popping uh oh spy is not liking it so can't be Xlk Xlk well could be Xlk apparently so the Magnificent 7 are looking good but the whole sector maybe not the best uh, energy is going up, financials did go up, utilities getting hit, industrial's getting hit Healthcare kind of getting hit so if tech can turn around I think the market pops because energy is kind of strong and financials is kind of strong.

so watching Xlk which I mean for this point we could just watch it via the Q's so if the Q's can recapture we'll call it I don't know 37650 if it like starts to push back up I think that could be interesting and maybe not the