Is oh hello, hello, hello and happy thursday january 27th? What is going on moon gang? I hope you're having an absolutely phenomenal morning evening afternoon night. Whatever time it is for you, i hope, you're having a good one, the market's gon na open in 30 minutes. So, let's get ready for what is going down. First, we're going to take a quick little sneak, peek at what's going on in the markets right now, decent amount of green.

So that's a good thing. If you're, currently a bull, we'll be given a recap over what really happened yesterday, we're going to be looking at some of the things that the feds say that the fed didn't say so some important stuff to just kind of recap. So you have a better idea of what's going on with monetary policy and if that sounds like something maybe you just didn't pay attention to in your economics class. Just hey.

We need to know what the money flow is going to be, so we going into that. Then we have some earnings to talk about specifically tesla intel, there's some other ones we'll be diving into those, and then we also have some very important earnings tonight that we could be discussing and then also we'll go over the ones on friday and then we'll get Into the short interest on the overall market, we'll look at amc and jimin doing some charting before that bell goes ding any ding, ding ding, but overall this is the day after the day after we got some important announcements. Now, let's see what the true trend is going to be honestly, whatever the trend is like going to get established from today, i think that's going to give us a good indication, probably all the way up until, like maybe the meeting minutes in february from the fed. So, overall, i think we're gon na get a lot of answers.

We got answers yesterday and i think today we're gon na see how that really all settles with a lot of market participants. So with all that being said, let's hop right into it all right. Let me switch this over as you can see a lot of green, green, green, look at the spy, the spy currently up, one percent, the q's up 1.3, the russell up 0.9 and then tesla had their earnings yesterday and that's currently up one percent. So we're seeing some green, which is awesome, not absurd, green but definitely green, to say the least um right now, unfortunately, in the past 24 hours krypto's in the red.

But if we see a strong game in the spy in the queues, i would be willing to bet that crypto also goes around. I just wanted to show you this heat map of, what's going on so before we get into it. Let's do a quick recap of yesterday: dow falls about 130 points in another day of wild swings as fed signals rate hikes ahead to fight inflation. Let me give you the rundown on what's happening.

This is the s p 500 futures. It's going to have a very similar look to the spy um es is the futures contract for the s p, 500, so around 2 p.m. We saw a spike. Remember that's when we got the results, but powell did not start speaking until 2.

30.. The results were: hey we're not doing a rate hike right now, they're unchanged we're mostly going to hike them in march. In the report, there was nothing at all about really at all at all about the balance sheet runoff, which is the thing that everyone was kind of looking for and the we knew this later, but as soon as powell started speaking at 2 30 right here uh. He quickly said that yeah no tapering that's going to end in early march, but because no one was we have no idea about what was going on with the balance sheet.

Runoff, that's what a lot of the questions were about. A lot of the questions were all about what is going on. You've been buying all these assets or how are you going to handle it? Are you going to be aggressive and sell them? Are you just going to let them mature and fall off the balance sheet? Those are probably the two main ways to handle the current situation, but we wanted to know - and, as you could see so from the announcement at 2 until 2 30, it was choppy at first okay, nothing about the balance sheet. People like that, but remember that saying the first move is commonly the wrong one.

We saw a push to the upside waiting waiting waiting pal started to speak at 2, 30. and then right here. People were waiting, and i would say that there was two major comments from him that caused this sell-off to happen. The first one was someone asked him about the balance sheet, runoff trying to get a time frame and the rhetoric that he was using for all the previous questions.

When he was answering this was we don't know we're going to be flexible to the overall economic environment? We'll tell you when we know more, but he didn't stop there. He said perhaps late 2022. people didn't really like that. They're like okay, he is putting a time on it.

It shows that they are aggressively fighting it. The other thing i would say that was like the big statement where the market was like whoa was, he was asked another question and he decided to hammer hone the point that the economy is actually pretty strong, unemployment's pretty low. Just so you know the new jobless claims just came out this morning: it dropped by 30 000., it's like 260 000 and the expectation was 265. So that's pretty good news, but a decrease by 30 000 jobless claims.

But anyway, so he was saying yeah. No, the job market is actually pretty strong. The economy is actually pretty strong, inflation's high. We have to battle it.

This was signaling to everyone without him coming out in, like a hawk costume that they are hawkish. They are hawkish and they're going to do what they need to to fight inflation, and they are clearly not here to backstop the economy and give us the crazy year. Like we had last year, we obviously could still have a green year. I'm not saying that whatsoever.

I'll, show you some stats on that type of stuff, but overall, without him, coming up and like literally flying in on a glider to show hey screaming were hawkish. They just didn't want to do it because they knew it would have an impact on the economy, but they're basically signaling to everyone that right now things are fine in the job market. Things are fine in the from an economic standpoint, it's time to fight inflation, um. So when these comments came in, we saw the sell-off and then the market closed and from there we're seeing a little bit of a push and then, in the overnight session we came in and now we're bouncing.

We have an inverse head and shoulder shoulder head shoulder. You could also call it a cup and handle depending on how this handle forms, but you can see these are the levels i'll be paying attention to. I think the bears are going to try to step in here just below 4400. If they can't.

I think we see a shoot up to 4440 if it breaks through there. I think we easily see another 100 point rally, but i think that'll be a tough thing to break through if the bears do step up here. The thing i'm watching is 4320. If the bulls cannot protect that, i'm then watching 4 280..

These are the levels that i'm paying attention to. These are the levels that i'm watching. I think this movement, similar to two days ago yesterday how a lot was dependent on the action of microsoft, because it had a very good earnings report. People were watching it.

I think today that means tesla. Let's pay attention to tesla and tomorrow. I think that means we got to pay attention to apple, but overall, that's kind of your quick rundown of how things played out in real time and dow falls about 130 points and another day of wild swings, says fed signals rate hikes ahead to fight inflation. We already knew this was happening.

They basically they've prepped us that the first one's coming in march, we know at the start of march they're starting tapering. We want to know about how many rate hikes we want to know about the balance sheet. Runoff. Those are the current unknowns, but once again that is in march, so the next big update in terms of monetary policy will be the meeting minutes that come out at some point in feb fed plans to raise rates starting in march to cool inflation.

Once again, these are the fancy-schmancy titles, but this is the stuff that the market and the public has already digested. Remember the tapering: that's pretty much going to go to the wayside. Once we get to the start of march, it all comes down to the aggression level and the timetable of the balance sheet runoff. But with this i found this to be very interesting if they are doing rate hikes.

Does that mean that the like market has to go down that year? Historically, the uh the stats tell us something completely different. U.S stocks historically deliver strong gains in fed height cycles. S p averages 9 return in 12 rate rising cycles, since the 1950s 11 out of 12 of these times have been a positive year, as in one out of 12, when they've been raising hikes like raising the rates. Doing all of these hikes throughout the year has been a negative year, but remember not all of those related to a tapering or related to quantitative tightening.

So this is an interesting metric, but i don't think it's the end-all be-all. I just wanted to share it with you that don't think exclusively because you're raising rates that it has to be a bearish year just wanted to share that with all of you, the dow, the s p, the nasdaq futures, all green oil up at 88, oil is Cruising i'm expecting the oil companies that are reporting friday morning to do very, very well, i believe, financials and the energy sector - aka oil, petroleum gas, whatever you want to call it we'll have a very very good year. My reasoning for financials is because of the rate hikes and then oil, just because the demand is going up, the supply is going down. Don't forget.

We have some other unknowns with the potentially looming geopolitical conflict between yesh, russia and ukraine involving us. You never know how that stuff's going to go yields. We saw them pop yesterday coming down a little bit right now, 1.8, but still kind of high. If you want to chart that out, we already talked about the jobless claims coming in 5000 under expected relative to the most recent report.

It was a 30 000 drop uh. On top of that, we have another positive sign. Gdp grew at 6.9 pace to close out 2021 stronger than expected, despite the unicorn spread, so gdp solid growth higher than expectations. That is some bullish news.

Now, let's get into more of the specifics, five things to know before the stock market opens today, thursday january 27th. Stock futures flip positive and negative, reversing big overnight losses. We went into this. It went positive, negative sold off more now, it's fighting back.

The question is: is it going to hold? We have to sit back, wait we're going to get more answers as soon as that bell goes: ding, ding, ding. What i've been preaching for the past two weeks, especially, is i'm sitting on my hands for those first 10, 20. 30 minutes to see how things play out, and i really think that tesla is going to be a leading indicator for the qs and thus the s p 500 i'll also be paying attention to apple today, because its earnings announcement is after the close earnings season continues. With fast food and media, before the bell, all right so we'll hop into this now and then we'll get into the specifics, uh mcdonald's, unfortunately, miss mcdonald's is down a little bit.

These are the ones that reported this morning. Jetblue southwest we'll check those out last night. We had tesla intel, we begin we'll be going over those and then tonight we have apple and robinhood visa, and then tomorrow we have some energy plays. I love this account on twitter.

I have no clue who they are but check them out. I just like this information earnings whispers. If you want to see this same type of thing, but let's go into the tesla one, because that reported and as you can see, how's tesla doing this morning, uh kind of a crazy report. It went from 880 all the way up to 9.75, all the way down to 9 20 and right now we're seeing that 9 46.

So what in the world happened with a sun well out of the gate it beat, it beat, it beat, it beat uh. They had an earnings per share of 252 expectation 236 and their revenue really beat 1772 billion versus 1657, so they beat by in excess of, like that's awesome, over a billion dollars, they beat expectations. This is the first time in tesla's history that they've had back-to-back profitable years so tesla in terms of just these metrics doing very, very well, but whenever it comes to tesla, there are other things to consider and this particular call um. There were some things that need to be, i guess like really dive into, because we were talking about this yesterday.

Supply chain issues are a very, very real thing, and that was not a contentious topic, but it was something that was thoroughly discussed on the call. We will not be introducing new vehicle models this year. We will still be parts constrained, so they dove into a lot about how their are supply chain issues that they're working to get around um in terms of production. The i guess plant out in california cruising doing very, very well: the austin gigafactory they're producing model wise and right now the berlin giga giga berlin uh.

It's still waiting on permits, so we're not seeing any production out of that. Yet. But if austin ramps up and then if berlin goes online, we might see the delivery numbers for tesla go sky high, especially if some of these supply chain issues take care of themselves. Tesla will not introduce the cyber truck this year and it is not working on a 25 000 car right now they said 2023, hopefully, which makes me not that hopeful about 2023.

For these, but we'll see you never know, that's quite a bit of timeout. Tesla is a cash machine after q4 earnings, but his next steps are rising. Eyebrows um. The company warned that the ramp up of new factories, along with supply chain issues, could hurt margins in the near term, and the company also said it would not roll out any new models.

This year. Uh the struggles with the cyber truck and the lack of development of a cheaper model could hurt. The company's long-term prospects must suggested. The robo-taxi availability could create enormous demand elasticity, but we struggle with time frame and magnitude musk's bullishness on the company's self-driving feature and humanoid robot project optimus were also met with skepticism by some analyst so overall, the top level numbers very, very impressive um, but that kind Of left us over with more of questions of like okay, how are things really going to pan out in 2023? I think people are pretty comfortable like okay.

We have a good idea of what's going on this year. We understand the the pros the cons and maybe the associated risk really driving into the supply chain, but overall the deliveries are on the up and up uh they've been on the up and up. I don't see that slowing down yeah like they said the near-term margins. Might get hit as they are ramping up all of these factories, but when they go online and they're working at full capacity, i think we're going to continue to see an explosion in deliveries.

Moving on intel also reported this morning, intel reports better than expected results and deliveries, upbeat guidance, uh right here, earnings per share 109 versus 91 and then 19.5 billion versus 18.31. So we're seeing this as a general trend in tech reports beating on earnings per share, also beating on revenue, some of them refusing to give future guidance other ones, giving it some good some bad microsoft when they gave theirs. That's what caused microsoft to go up intel gave theirs the last time. I checked it right now in pre-market it's a little bit down, but today i think i'm really going to be drawn to seeing what's going on in the overall market, and that will probably give us a good idea of what these well-known tech plays will be doing.

Once again, just before we move on, if you want to take a kind of a final screenshot of what's going on right here, these are the ones that report today, obviously apple's the big one. And then we have a bunch of energy reports tomorrow, all pretty important and remember going into next week. Earnings season still continues. There are still many many big players that are going to end up reporting the likes of google tesla sees more supply chain challenges, no new models.

This year we already went over that in detail key economic reports out as fed points to rate hike coming in march. All right we went over that. We also know the gdp improved for last year, and then we also know about the most recent jobless claims. That was also an improvement and then, finally, more on the political front biden gets a chance to replace a longtime liberal on supreme court.

Uh we're talking about justice. Breyer, i believe, is how you say it uh, but it looks like he will be stepping down and most likely uh replace with someone with the same political and ideol ideological. I guess mindset so just want to give you that of an update, especially, i don't know a lot of people like to pay attention to it and hey. You should be an informed citizen, so i have no qualms with that whatsoever.

Now, let's get into a little bit of the nitty-gritty on the day before we check out some charts, the s p, 500 uh short interest jumped pretty considerably yesterday, we're now coming in at 21, the qs 27 and the russell 33, so the russell's been coming down. But the queues have been coming up, but all kind of noteworthy. The reason i want to bring you to like your eyes your attention to this s - p, 521, cues 27, and the russell 34 tells me that if we get back above the 200-day moving average, there might be a full-on market squeeze. There are many people, betting against the market right now, thinking that the recent lows aren't going to hold, they think that maybe the fed is more hawkish and people are going to realize how hawkish they are, and it might be a self whatever.

It is. There's a sizable bet being placed against the three main indices we pay attention to, which means that if these bears are wrong, you might see a full-on market squeeze. Please please, please don't take that to mean these silly numbers that have been thrown out by some people within the ape community. I'm saying you might just see uh more of like a quote: unquote reasonable percentage squeeze, i'm not saying like.

Oh, the spy is trading at 400 and now we're going to 4 000.. Nothing like that whatsoever. I'm just saying that if these guys got it wrong and we break above and hold above the 200-day moving average on these three indices, you could see a very nice bullish push now. Let's talk about amc still hanging above 20 percent and jimmy uh coming down a little bit, but still pretty high at 18.

So overall, the five things that were, i have up right here: man, the pretty noteworthy considerably high short interest, very, very high, in fact. So with that being said, let's look at some of the specifics. I already went over the s p 500 futures uh - i like to do that before the market opens just because it gives you more of a like a full. I guess view uh.

Obviously, we know with the s p 500 there's pretty light training, but with the futures market, it's trading 23 hours a day, so it's just a little bit more of a full picture. But anyway i see shoulder head shoulder cup handle whatever you want to call it. I think the first test is right here: 4390, i'm gon na see how the bulls and the bears battle it out right there, that's a very important region to me now, let's take a look at the spy and, let's back out to the larger time frame. Let me also show you the 200-day moving average, all right: okay, okay, okay, we are right here, so the 200-day moving average pretty much 442 and some change.

I think that's an important level and there's a good chance with the next week or two as people are digesting everything. There is some scenario in which we just go range bound. The range is 442 to 422, a region right there there's a good chance. We might just be riding up play this back down play it up.

It could be just doing that zigzag thing all the way up into the meeting, notes that come out in feb totally a possibility. Another possibility is that we break above the 200-day moving average. We close above it ideally on some nice volume and then we get a nice solid push to 455 and we see how that reacts or we get rejected here we break below 429 and then that sets up an additional test of 422.. Those are the three scenarios.

I'm paying attention to and as we see one of those develop i'll, most likely just play that direction. Q's kind of a similar scenario they've been beat up a little bit more we're obviously farther away from the 200-day moving average. I want to see it clear. 356.

After that, i'd be confident about a test or a reversion to the 200-day moving average. If we can't get back above 352, i'm still going to be watching the 344 50 level. That seems to be very, very important for the qs. If it can't hold, then i'm watching 340 in terms of the russell uh, i would love this trendline breakout a recapture of the 200s we're pretty close right now, 197 and some change, but really this trend line in the break of 205.

I would show some strength there, but if it breaks down below 194, i am then watching 190.. So that's it for the three major indices. Let's take a quick peek at amc, um. Obviously it's been in a downtrend pretty much this entire year.

Um, hopefully, we're forming a base soon. The rsi is extremely extremely over sell. Oversold excuse me we're seeing a lot of technical indicators that, basically, both amc and gme are just simply overextended to the downside. There is very much a real thing in the world of trading referred to as mean reversion and we're just now at the point that the bears don't have an infinite amount of money.

They don't have an infinite amount of steam and, as we're gon na see it, the brakes are gon na start coming on for the bears. This momentum will slow down and we're going to start to see a reversion at some point in the rsi. The relative strength index and that's the momentum indicator that maps out bullish versus bearish momentum at a certain point, just the odds are getting to whether, even if this wasn't amc, if i didn't know anything about amc, if i was just looking at a chart, if i Didn't know anything about the community, i'd say: okay, this is pretty overextended, let's see if we can base and like start to break above a recent relative high and see where the momentum goes from there similar situation with gme. I have to admit.

I really do like that with gme it's holding above 100. Let's see, let's see if it can continue to hold that i would like for it to break and hold above 105.. Gme has been struggling there recently, i'm watching that 105 level if it does hold above 105. My next watch is 120.

gamestop. I believe that the next major catalyst fingers cross is the successful announcement and launch of their nft marketplace. I think that will also benefit loopering and in terms of amc. We know in early march, they're going to have their next earnings announcement very, very good chance that they actually went profitable on the quarter.

Obviously, that would be ideally received well by the public. So that's what i'll be watching for kind of in the near term, major fundamental catalyst for both amc and gme. Now, let's talk about some other ones that can kind of drive the day tesla tesla tesla everyone's trying to see. Is this just a double bottom and we're about to start ripping up, or is the market going to be a little bit spooked by the supply chain issues? I don't know not a fortune, teller, not clairvoyant, most importantly, not a financial advisor whatever i say it's not a buy signal, it's not a sell signal.

It's not a hold signal. You are in charge of your own money. I do not make your decisions for you. There are other people, no matter what they're doing they're trying to guarantee it.

This has to work. That's not me because i'm smart enough to know that that's dumb, that's straight up dumb, there's always risk no matter what you do in the markets. There's some level of risk, which means you always have to be paying attention to your risk. Tolerance, that's the major piece of advice i would like to give to.

You is just stick to your training plan. Put the money on the table that you're willing to bet. Don't bet an amount that you're unwilling to lose. That would somehow have a serious detrimental impact on your life, your personal life, your family life.

It is the market, there is risk. The risk for tesla is, i would say at this point is if it can't hold. Basically, 900, the 905 908 area. If it goes below that i'm looking for another test of 850.

on the other side, if we break above 970 975, i would be looking at the test. 1000, maybe a little bit above a thousand apple. I would be in no way surprised if there is some solid action today, just people really positioning themselves for the earnings announcement. I want to see it hold above 156.

157. If not, i could see maybe a drop to 152 ish um, but if it does get above 164, i'm then going to be watching 167. apple's a big one, just because it reports today, microsoft. This just recently did well.

We had a gap up, but it came quickly back down and got that gap bill, but still hanging above 300. Look for the breakout of 308 and let's see if it can stay above its 200-day moving average. Just because we're talking about earnings and ones that are reporting robin hood reports after the earnings today, i would be in no way surprised if this thing just continues down down down. It's lost the public's trust.

Its business model is at risk. It's not having any abnormal market events such as gamestop such as amc such as doge, it never capitalized on chiba. It doesn't have something that prompted quite a bit of volatility and in excess amount of training that it would have been able to profit off of so. I think it's going to be a noteworthy like bad quarter for it, but hey we're going to get more answers right now.

I know i have no hood position in all reality. The play i wish i got into that. I didn't is the day we gap down here or maybe, if i waited a little bit basically in the mid 30s. I wish i just took a massive short position on robin hood right in this zone in the mid 30s and just let this thing collapse, man, it would have been a beautiful gain thus far and in all reality i don't think that this is necessarily done.

I really don't think that the sell-off is done and my reasoning is as simple as the public does not trust them and their business model is at risk because payment for order flow. It's very much in question of how much longer it will be around all right. Let's bring this back up just so, we can get an idea for the overall day we have the spy of the qs and the russell and tesla right here now, with a couple minutes left, i would love to turn it back over to you for any questions. What do we have? What do we have any questions all right? What do we have some things on rumble morning? What's going on growth with travis already told you who i am, i'm a conservative all right, general lee, i guess you're, a conservative uh, howdy howdy howdy! Are you in tesla? Currently i still have that tesla put that i wish i didn't have.

This was a stupid, stupid mistake from when i got sick. I thought i got out of the position and now i'm just babying it and basically throwing a hail mary. I wish i were flat right now, just to see how things are really going to react to this market open to the fed meeting to all the important earnings announcements i'm in a tesla put. I was updating everyone on the locals web page, where you can see all my like recent trades that we're doing for the challenges and i'm in it still, but i'm not comfortable in the position.

Do i still have any amc and jimmy yes and you can verify it for yourself on public, speaking of which, if you haven't signed up for it already, it is pin to the top of chat. It is free to sign up for you actually get paid to use it up to 70 dollars in free stock, go to public.com coors. It is pinned to the top of chat, no payment for order flow. No market makers, 75 percent of your trades - are going directly to a lit exchange, but the only time they don't is it when they legally have to go somewhere else, because they found you a better price.

But if you are so interested in my positions, you can see what i'm in you'll see i'm in amc, gme, prog corsair better than that it alerts you if i sell. I know there's rhetoric going around about me and this yes, i'm in it go to public. You can double check for yourself. Don't just believe these buffoons on the internet, who feel the need to ride my coattails and also what's sick is not only.

Do you get money when you sign up but to really stick it to them? Hey, i'm an affiliate. I get money if you really um want to troll the trolls. Let them know that. Not only did you not care about public, but you went out of your way to sign up just because you got money, i got money and hey.

If you want to see my positions, you can see my positions, but i think it's a funny way to troll the trolls, uh amc and jimmy to the moon ape strong, shout out bigness uh ta on mark all right. I will do that the market's about to open uh. We will write that down. Mark uh t a slash s-i.

I have that written down. We will be looking into that. Just hit 501 shares of amc been here since january 2021. Shout out see there.

Powell was stress swallowing, like his life was on the line. He was very, very nervous, i'm a three-decade behavioral analyst. He seemed wildly uncomfortable and i think it was basically he was saying he was dovish without straight up, saying: hey, we are extremely dovish like they just didn't want to say those words all right. Let's see how some of these things open, i'll, throw up, amc and jimi just i know a lot of people want to see how these open um, hopefully there's a nice green push, alleviate some people's stress in their life definitely alleviate some of the stress in mind.

All right we'll take a look at amd. Some people are asking about that amd. So so far we have a desire for mark and amd. We'll see how that goes.

The casino is open, dallas, jackman, lucid. We are not friends all right. Where are we going? I might get lucky with tesla. I need a breakdown of 900.

for me to possibly get lucky with tesla. I it's a hail mary play. It's not a good trade. I don't know how to stress it more than that this uh, i get very, very frustrated at myself when i get into situations that are relying on luck and are not like statistically backed, have no good uh risk reward set up, it's just a silly play, but Hey when it comes to the market, sometimes it's better to be lucky than it is skillful, oh as we get underway.

If you haven't already, i would appreciate it if you guys could all completely annihilate the like button. It would be great if we could pop that up to 2000 right now we're at 5 000 people watching alone on youtube, and then what do we have on rumble almost a thousand over there, if you guys could all drop those rumble buttons, those like buttons, all That stuff, it is completely free. It just helps me out the algorithm. It gets this like video promoted to other people who might have interest in the markets.

Obviously it doesn't cost you a dime the same with subscribing speaking of which the subscribers recently on that crypto course. Rental have been exploding. So shout out to all my uh crypto enthusiasts, who have been finding that channel uh. It's been just out of nowhere like a thousand subs, just like popped up all right.

What else do we have? What else do we have as the market's opening? I'm telling you folks, let your questions fire. I will pull up the short interest on mark. Someone asked for that. Let me get into that very quickly.

M-A-R-K mark remark. Holdings has an estimated short interest of 13, so a higher than normal for sure, but like not draw droppingly high, all right someone's asking about pixie all right we're seeing some bullishness right now. This spy is going green um. Actually, let me pull up this just so.

You can see those levels that i had marked out and we are going on the two hour. No, we are going on the 15 minute, all right just so everyone. This is the level i just the futures number a little bit different, but once again we are close about 10 points away. 4.

390. That's exactly what i'm watching! Um the bulls and bears. I think there's going to be a big fight right here, but just wanted to bring that up and in the meantime, let me go over to here. So we can go over the ones that are being asked about.

Mark mark, mark, mark 300 or 13 short interest. I'm not a fan of the chart. This is a downtrend um. If you wanted to go against it somehow a bearish bet, i think, you're a little bit late to the party, not necessarily interested in going bullish.

Just because i'm not seeing any buyer step in and it's also a penny stock, just not particularly my like favorite things to trade. In fact, i don't trade uh, penny stocks - i just really really don't enjoy doing it. Pixie was the next one that was asked about. Um, so it was recently a penny stock, but holding strong consolidating at a higher level.

You might be getting a cup and handle look for the breakout and the hold above 180.. You might get a push on that from there i'd be watching two dollars flat. Still not exactly my play, but i do see the bullishness in the current chart set up uh xcla um, not a fan of it. I think that this comes back down.

It got its pump uh. I i don't think that this holds once again. It's a penny stock, so i wouldn't trade it regardless. I saw some people being bullish on it, some other youtubers and stuff.

It's tough to be bullish on it. When just there's been such a severe downtrend, maybe if it somehow gets above a dollar and holds maybe i would change my tune but uh not the most in love with it, but more importantly than that, it's a penny stock. I just don't trade penny stocks. Uh people were asking about amd amd, showing some weakness look for it to hold the 200..

If you get maybe a push to this gap fill at 118, you could play the 200 as your support and try to ride it back up, mainly you're, going to want to watch the qs, the nasdaq 100 really the overall market, but it's holding on to the 200 right now the rsi is pretty beat up. If you see a nice green bar well great, the most recent relative low is your risk, and maybe you could ride this sucker back up, but for right now i would just be watching, because if it breaks and closes below the 200-day, i would then be watching 100 key psychological level and then i'd be paying attention to 94. all right. What do we have going on in the market? Uh right now, gme just kind of going flat battling once again at 105..

For the past three days, we've been seeing gme really struggle at 105.. I would love for it to get above it and hold above. It. 105 appears to be the recent line in the sanford gme.

Amc has been trying to battle it out at 16 and that's exactly where amc is right. Now, let's see what is going on, let's see how the market is, opening the queues got hit and we're waiting for this iwm all right being a little bit slow in the low. Today, let's see what the bulls are doing thus far this morning out of the gate nvidia put, and then we had a series of calls spy, tesla, tesla, nvidia, tesla, tesla, tesla amazon, all calls. Then we had a russell put.

Then we had a tesla call, a tesla call tesla put test a call test, a call cue, put tesla put tests, a call, i would say thus far calls are dominating the day. I don't know if they just quickly took advantage of the opening, but uh we'll be watching this to see what the whales are doing, what they're not doing but nice series of calls right here. The only one there's only been two thus far that expire tomorrow. We have a tesla call and a q put all the other ones are expiring after tomorrow.

We're seeing some 50 days we're seeing some 77 days some 22 days only two, thus far that expire tomorrow. So this whale bet of 210 000 and this whale bet of 227 um, some fxi coming in 22 days out. So that's what the whales are doing. Thus far this morning, tiblio gets its first major update around 10 30..

So we'll be going over that in roughly an hour um for me, like i said for me to have any shot on this tesla position, i'm currently in uh. I need it sub 900 and i probably actually need it even more. At this point, man i'm getting beat up beat up beat up. I need it even more folks.

I am down a brutal amount. I need this this right here, i'm still down like that's how bad of this position i'm in so maybe i'll get lucky. Maybe i won't, i don't know, what's my strike 8.75, but i got in obviously at a pretty inopportune time and the real thing is that volatility has been coming down right now, just because we're done with the fed meeting and theta has been beating me up. I got into this position, i believe, on tuesday, so i've paid for theta from tuesday and wednesday wednesday, the thursday my strike is 8.75 and just for everyone.

If you're curious, if you want to see mine all these trades, that i'm doing in the account challenge, show the options trades. This is where i post all the options trades. Obviously, the stock trades are already public on public, but for the option trades because i use td ameritrade. They are all right here, just go to maccoors.locals.com like i give my updates.

Other people are posting theirs we're talking about the fed. I love that other people are being active. Hey if you are a member of this um they're like check it out. Macquaries.Locals.Com is the website uh here i'll post this in chat um, but i would love to see other people's trades.

Maybe you agree with me. Maybe you disagree with me, but that's. The entire point is we're building out a community um where people can come back. I i like so one of the advantages of having a setup like that is maybe sometimes can't you can't watch every live stream.

Maybe sometimes something happens and you just weren't there, while here kind of with like the thread-based aspect, you could write it up. You could see the comments under it, but it's just living there like um, it's kind of an interesting way where maybe we're not all paying attention in real time that i could post my trades, you could post your trades. We could post interesting links, interesting dd. Some people have started posting their dd.

We were talking about peloton, that type of stuff uh, pretty pretty awesome, bro check, tesla yeah, i mean tesla's going down, but unfortunately my position is still brutally down. I got in at 32.98 and the mark is currently 1850 or 18 so, like i just i i'm telling you this is a hail mary play like i. I just need pure pure look luck. I need an abnormal statistical deviation from like what a move would be for this to like for me to even break even uh uh.

Someone asked for a crypto update, um, still red here's, a quick peek at it. Um there, on the four hour chart i'm seeing some buying coming back in, but once again we'll get more specific into crypto on the crypto stream. The smp right here is at that level. I'm telling you about 4 390.

um. So i'm watching that obviously but anywho yeah for crypto we'll get into more crypto detail um. I know a lot of people come here specifically to talk about stock and once in a while they're going to be intertwined - and i like do understand that sometimes it's necessary to take a peek on it. I definitely will happy to give you like the random updates, but when we're getting into like specifics of crypto stories and that type of stuff, that's at the 2pm eastern show.

What do you think about netflix, so interesting story on netflix, some rich person just bought three million shares of netflix and thus far it's sold off some big buyer stepped in and we're actually seeing it's up six percent right now. So that's the deal on netflix someone's like um. It was who was it oh shoot? His name he's escaping me, i'm just reading about it this morning, but anyway, i think he bought 3.1 million shares of netflix. Just saying that, like the sell-off is too extreme uh people saw his announcement saw what he did that gave them more comfort and it popped right back up bill, ackman, ackman, ackman's, like fund or group, or whatever is the one that did it all right.

Let's see what's going on, this is the uh level right here that i'm closely watching on the s p, we are coming back up. I want to see if it holds here. Let me drop to this time frame. We can watch it even more closely.

Uh, big big fight going on right here, just an important technical level that people have been paying attention to all right, all right, so we're seeing a swing back in the spy, we're seeing a swing back in the queues, we're seeing a swing back in the russell. How is gme doing right now above 105. - that's very, very good for gme above 105, let's see if it can hold above 105. Obviously, if the spy, the cues and the russell are all being solid, very, very good chance that it does hold, but if they take a turn to the downside chance that it doesn't hold this breakout level um on amc uh, we are watching.

What's it 16, i think like 70 1667, something like that has been an important level, all the higher 16s. I know. Yesterday we had a beautiful push up to the 18, so we know that this thing can move like very very rapidly, but i think for it to move you're gon na have to see the breakout in the spy which might be happening literally right now, i'm watching This level, i'm a little bit concerned in the short term that the rsi is already so overextended. Remember just because you quickly go above it, that's actually not a breakout.

You want to see, get above it and actually hold above it. I'm telling you. This is a battle zone right now, as we speak, so i'm gon na be watching this to see if it successfully holds or not. Actually, this is interesting to the point of the keltner's already overextended, all right, the queues are coming back around apl apple, also bouncing uh.

How is bbig doing? I see some people asking about bbig bbig, taking a hit right now, um, not looking the best in terms of technicals um. If this does not hold 292 286, i think there might be some fear and you might see a push down to 250. uh when bbig once again got this. I was very upfront telling you saying i don't know how high it goes, but it's going to go up and come back down.

Remember when things move like this. They don't hold that new value at that moment in time. I did think it was going to go higher. I never ever took a position on it, but as soon as it had this red day and then the second one couldn't hold it, we saw it got beat up more.

Does this mean that it can't ever go again? Absolutely not we're just talking about the current regime and trend that we're currently in um. It can push higher, it can push lower, it can base and push again. It could do anything. You just don't know with this one.

It's all about paying attention to tied. T y d e, but remember this - was a rumor thing about kryptide, officially going live and spinning off, which is a subsidiary of bbig. It was a big rumor thing. People were just looking at the news or predicting the news.

I should say from like some linkedin based updates. If that comes to fruition, this thing could rip, but if it kind of dies out and if it doesn't become something, i could see the price kind of coming back down to where it was before the push around. This 230 region all right apple, moving today getting some excitement as we head into its earnings uh. Let's actually look at apple right now: apple apple apple, look for the breakout of 164, and if you get that look for 167 164 to 167 and it is knocking on that level, i was telling you we had this level mapped out right here.

Spy. I told you big battle, uh the battle's not done i don't know they're gon na be fighting here. If, if the futures market comes below 4370 uh, i would then be watching 4356. uh big battle here.

That's exactly why i had it mapped out tesla rejected at 900, who knows maybe i'll get lucky. Who knows who knows? Who knows honestly? I already feel a little bit lucky just because everything had a nice pop and tesla has actually been going down. Matt bbig tide news is out. Look at the news uh.

I guess we're what actually truly seeing that exact saying, buy the rumor sell the news it looks like people are selling the news, then january 19th uh. Let me add it bbig uh. What do we have here? Bb ig top short squeeze - mentions pbig, i'm not seeing hang on. Let me try to find the news anyway.

It looks like i guess it was either affirmed or it wasn't news. 23 hours ago the krypton spin-off news sending vinco ventures soaring. Today, oh well, that was from yesterday i thought you were saying there was new news today we know about the filings, the like the 10k. The form 10 was posted.

Yesterday i thought you were saying there was something new today um. Yes, there was an sec filing yesterday, um to be completely like i mean i haven't been following it like that much i know about the filing from yesterday. This just seems like it was now turning into a zelda news, type of an event, all right, the spy, pushing the spy, pushing the spy pushing the q's pushing the queue is trying to get back above 350 amc trying to get above 16.50 amc actually having a Nice push amc up 3.6. When we see some mixed bags.

Loose is down 6 percent dang dang dang dang the spy and the q is really going right now, all right. This is for. I thought i paid for this data, but i guess it's delayed by 10 minutes on the features uh, but the spy really going right now check out the daily on the spy. Uh looks like we are now watching 442 and a half so probably another dollar.

Fifty that would be the next resistance level i'm going to watch on the overall market. Matt remember when you used to cover amc, jimmy's short interest in sharesboro. Can you go back to that? You didn't cover it in the morning. Chat um, i 100 did uh chat.

Did i go over amc and jimmy short interest this morning unless i'm losing my mind, which is very, very possible, but i do recall going over the short interest for spy, qs, iwm, amc and gme at the russell the russell's crushing i mean right now i mean There's a lot of green look at this: the spy, the cues and the russell i'm seeing tesla, i'm actually bewildered by the fact that the cues to spy in the russell are pushing this hard and tessa is not. It actually blows. My mind, like i thought at this point tesla, would be at like 9. 60.

970.. That's insane like look at this push which i don't know uh like i said in pre-market. I i feel in a certain sense that at least for the qs, which will then have an impact on the spy. I thought tesla would be kind of a leading indicator today, um, so either it's not and i'm completely wrong or the rug is going to get pulled on the spy in the queues.

And, let's do they just want to test this 440. 250 level. 442. 50.

Incredibly. Important right there very, very important something seems super sus about this. To me, i want to put that out there. It is 9 51., this push-up in the spy in the queues uh.

It's not really adding up in my mind, quite yet bbig very, very sus. What's the volume looking like on this tesla got downgraded, i thought it was. I saw a lot of people just uh reiterated um, basically neutral, like cold uh, citigroup analyst uh maintains tesla with the cell and raises the price target from 262 to 313.. Interesting interesting, interesting, who knows maybe i'll get lucky.

What else do we have someone said you're waiting for the wrong pull very well could be um. This move, like i said, not necessarily making the most sense to me, but hey. What do i know? What in the world do i know what a strong push, though i mean 437 up to 441, and it's still there it's it's not stopping. Yet it is not stopping patience, patience, patience, um! I know we're about what 20 25 minutes into the day, but this is exactly why i was trying to go out of my way to extra stress this morning.

Let's wait for this market to open, let's wait for it to breathe um. You could have played this for sure i mean, depending on like what your time frame was like. This was a really nice push to the upside. This turn around you, the 438 brake cues iwm.

All that stuff, solid amc had it as well. 622, quick pop to 1650, thus far struggling at 1650 1660. We know amc has been like really paying attention to that level. So, let's see how that plays out is jamie's still above 105., it's at 104 right now, uh would love for that to get back 105..

This is now the third day that jamie has struggled at 105.. Uh would love her to get back above that uh how's apple, doing apple's still going uh if it gets above 164 i'd be watching for 167.. Is microsoft hanging out above 300, it is 306 and pushing uh facebook didn't switch yet. Did it facebook, facebook pushing back above 300? I mean there's a lot of things, pushing right now, a lot a lot of things pushing, but then we also have uh d.

Wac is down a little bit. Bbig is down five tesla's down four point: four riving's down four point: two lucid is down. Seven. Prague is down four point: two uh apple's up amd's up mu.

We have a lot of these sec plays, so it seems like a lot of things are up, but evs are getting hit today. Rivian, lucid tesla on the red four percent or more um, mostly green in crypto, thus far a little bit of red loopering down cardano down the rest. Uh sand is up right now, 12. When did i get into sand? I wrote this down somewhere.

What's my cost basis on sand a little bit of a metaverse play? Oh wait. I still have a ways for that to go. Sand is trading at wait. What sand is trading at oh yeah? No, i'm very much down.

I got it at 5, 15 and sand's. Shooting at 350., so we have room for that. To go. Uh fb is pushing all right time to see it did get this breakout we're getting a little bit of bullish divergence.

If you don't know what i mean by bullish divergence, i mean that the rsi thus far is lower, even though the price has gone higher, so the same momentum is not following through. Obviously this could change if it keeps pushing and momentum comes in. We can break above 74 and then there's no more bearish diversions, but as of right now there is bearish divergence, which is kind of another thing, adding into me thinking that the current setup is a little bit sus, just a little bit sus, let's see if it Finds relief at the nine exponential moving average uh amc coming off of that 1650 level. As we see the spy on the qs also coming off of their morning, push the russell, also kind of giving back some gains right.

There intc they reported this morning. That's getting beat up down seven percent. That seems like an overreaction. Their guidance was actually pretty solid, um and their quarter.

They beat on their quarter their revenue and their earnings per share. Man intc definitely getting beat up. Let's see what's going on, there, intc uh major support at 47.90 major support, and then you have some additional support around 45., so 47, just below 48. Let's call it 48 and 45 it'll make it easier to remember, but that's where i'd be watching on intc and don't forget.

We now have a gap to the upside at 51, but it seems like a bit of an overreaction. All right. It looks like we broke below the middle of the keltner, this exponent uh, the nine exponential moving intc, showing some weakness g and me not holding 105 amc now trying to hold this next one at 16 25.. We came down resistance resistance, let's see if it can hold that support.

Uh tesla briefly made a new intraday low. Like i said, i would assume for me to go break even slash profitable on this trade. Actually, i could tell you 905. What are we trading at right? Now, 905.

15. Um man - i guess 860. well. It also depends on the volatility, though, if there's a sell-off, volatility would pick up, but if the volatility stays the same roughly 860 for me to go break even very, very rough math uh.

What do i think about matterport chart and their role for metaverse greetings from germany, germany, sorry, germany, um matterport. I actually very much like it as a metaverse play.