Calm, Cool & Collected (But, not really) || Stock Market Open
Dumb Money w/ Matt Kohrs
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Dumb Money w/ Matt Kohrs
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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
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Turn up the bass turn up the bass, so me, so, let's turn up the bass, hello, hello, hello, i'm matt coors! This is dumb money and we're gon na see how dumb we can be with our money. Today, as you can see by the title, we are calm cool collected, but not really uh, obviously not we're gon na do some hood rat stuff. We're gon na have fun we're gon na see what we can do with the account, and obviously i learned my lesson yesterday that we are no longer going to be trusting in our twitter polls for our trades. I'd rather trust in my chat to decide my trades, because you guys are far far more efficient and far far more in tune with what we should be doing with the markets and the trades and i'm very, very excited, because we are pretty much at our first Goal of 2500 uh very, very excited you guys in the past two days have gone seven out of seven trades, seven out of seven with a clutch trade.
Being your most recent one, you were saying: hey double down me! Being scared was nervous about it, but you guys you offered a comforting voice and we ended up crushing it the first day. First, five trades we made 600 and then in the next two trades we made another like 1850, so we're like just below our goal. Our first goal of 2500 - just so we can use a little bit more like reasonable risk um. So that's goal one and then from there.
I think next goal we're gon na go five and then ten and then i think at ten we should do some sort of, like i don't know, either cool giveaway charity donation or just something absolutely wild, but uh goal one, i'm assuming because you guys are on The ball we're gon na, be hitting it today, so uh step, one uh gon na be awesome. Let's see if you guys can continue your streak and obviously we'll be doing that a little bit more to the bell going ding and ding ding ding ding, but we do need to talk about some important global economic updates. We have to talk about some of the most recent earnings that we got the information from we'll talk about teledoc, which is absolutely getting murked right now then we're going to talk about some of the upcoming earnings and then i want to dive a little bit into. I guess my thoughts and opinions on how this world is losing its damn mind, and obviously this is going to be relating to some of the elon tweets that we saw last night overall, i'm fully expecting volatility today, if you are just tuning in for these couple Minutes you're like matt, are you bullish or bearish? I am bearish folks.
I am bearish right now in the short term um today, tomorrow, just next couple days, i am leaning bearish. Obviously that could all change, especially with tonight. We have apple and amazon earnings if they're very good, that could change people's tune, but for right now, without knowing that information, i am leaning bearish all right. So with all that being said before we get into the nitty-gritty of it shout out to today's stream sponsor, i am shouting out to ftx if you are looking at crypto right now, this dip is looking juicy to me and the one crypto, that's really really ripping Is apecoin apecoin is up another 6.6 and ever since april 18th. This one is now up 89 uh. I got some. This has nothing to do with amc or jimmy just to be very, very specific uh. This has some all to do with board 8 yacht club and they have a new metaverse sale and apecoin is going to be the de facto currency to do all the purchases there.
So it's called apecoin and i know that's like a lot of naming overlap, but nothing to do with amc or jimmy. This is more in the world of metaverse nft plays and that crypto uh i mean we first started talking about it around 1350. 14. That's when i got in and as you saw it's currently trading at 20., so they're, not everything is ripping to the high heavens, but there are still some very obvious.
Bullish plays right now that being one of them so once again shout out to ftx it's pin to the top of chat, sign up, get the mobile app or if you want to get the pro platform, there's ftx us, there's ftx international! Do what you need to all the links are in the description of the video and this the phone app is pinned to the top a chat now that out of the way, obviously shout out to ftx. Thank you. Let's take a little sneak peek at what's going on in the overnight session. In the asian session, we actually saw a pretty nice bounce in the futures market, the dow, the s p and the nasdaq are all green by 0.5, 1 and 1.3 respectively.
So clearly, there is a nice old bounce in the tech sector, oil coming down a little bit, but yields going up the 10-year yield once again pushing that 3 mark, which is just kind of showing you that treasuries are ripping. Yesterday, the dollar was ripping to the high high heavens to the point that you're like okay. Maybe we need a little bit of a breather and if you see a breather in the dollar, there's a good chance. You see, equities and also crypto go up, but yesterday dxy, the dollar index was just ripping ripping ripping.
Now we did get a little bit of a bearish report. This morning, u.s economic growth rate unexpectedly declined in the first quarter by 1.4 percent. This is kind of a big deal because they were expecting a gain of 1, so they were off by 2.4. They were expecting the economy to grow, but instead it declined by 1.4 percent.
I know maybe a difference of 2.4 doesn't seem that much, but when you're talking about the u.s economy, this is actually a very, very big deal and that's why, when this came out at 8 30 well, if you're looking at the market, let me go to the One minute chart uh at 8 30. You saw kind of this craziness uh. This was right when the report came out where we right in here you're, seeing like a bit of a sell-off um, so something to keep in mind this will. This is important just because it's something that the fed will be looking at and don't forget next week, tuesday and wednesday, is the fomc meeting and the fed will be giving the announcement at 2 p.m. On wednesday may 4th that's when we're gon na find about the next interest rate hike, and i will make sure to be streaming that whole situation with all of you, but that's kind of the picture. The big picture, the macroeconomic backdrop, and also a little bit of monetary policy. Now the nasdaq remember how i said they were up the most right now they are currently up 1.3 uh, which is beating the s p and the dow well part of that actually has to do with facebook and right now. This is where i backpedal and eat a little bit of crow, because i was bearish against it and they be.
This is actually very bullish. If you're looking at what happened with facebook, they closed around 175 and ran all the way up to 210. Coming down to 200 right now and i'm still a little bit surprised because they beat on earnings per share, but they missed on revenue. Facebook, parent meta, soars, 17 after q1.
Results show user growth recovery, but even that their daily active users beat estimates, but their monthly active users did not be estimates. It was a mixed bag scenario and, if you're asking me a 15 gain on a mixed bag earnings, they didn't beat on earnings. It was not a clear beat, it was a mixed beat they beat on some things. They miss on other things to me, jumping 15 off of that does not make sense.
Obviously, i'm not clairvoyant, i'm not a future teller, i'm not even a financial advisor. I'm just a very fashionable pico influencer, but to go up almost 20 between 15 and 20 on a mixed bag. Where you missed on revenue, you beat on earnings per share. You beat on daily active users, you miss on monthly, active users.
It it just doesn't add up to me: uh uh, ceo mark zuckerberg, said he's slowing the pace of investment in new projects. That's honestly, probably more, like people were really upset with the amount of money going into his metaverse project, so that might have been like. Okay, maybe he's not being as like crazy as we thought he was. This is most likely a direct response to the lack of investor confidence.
The company has seen as it poured money into new ventures. So really, i don't think it's in the top and bottom line that we're seeing such a dramatic jump in facebook. I think it's more so if investors are saying okay, phew he's going to stop like completely burning billions of dollars in metaverse, he's still going to be burning billions, just not as many billions regardless. This was taken pretty well for the whole tech sector.
Nasdaq futures jumped two percent as meta earnings. Brighton investors mood now it's brightened, but if i had to throw out a hail mary prediction right now, i think this is going to go the way of tesla last week. Do you guys remember what happened uh? It actually had a very, very nice beat and it gapped up on the 21st. So right here, let's focus in on tesla's earnings, so tesla it beat similar to facebook. It sold off all day. It beat it ran up. We had a spike in the first 15. 30 minutes and then all day it really just sold off.
I'm not saying facebook has to go that way, but really that would be my personal prediction. I do not think that this spike up will be holding. I think there could be a bit of movement in the first 15, 30, maybe one hour, but i think by the time we're really going to get to the end of the day. I personally think that facebook will continue to sell off now.
Was i wrong on facebook yeah? I didn't think it was gon na spike and i think time will tell to see if i'm truly right or truly wrong. I think we're still going down, but fortunately the one i was on was right on was southwest, and this was just kind of easy and we've talked about it and there's been a lot of great discussion. Um delta b, united beat it. Wasn't that big of a prediction that southwest would also be this was very much a lay of play southwest is currently up.
I last thing i might check 4 percent 3.5 southwest it closed out the day at 46, currently trading at 47.50, so we're seeing a nice. I think the airline sector could actually have a nice green day. Sympathy plays now that south westby, i think the other airlines might be a little bit green as well. Southwest airlines keeps 2022 profit forecast as bookings and fares.
Outpace higher costs southwest airlines posted a net loss in the first quarter. The airline expects second quarter revenue to top 2019, even though it will fly less southwest, expects higher fares to outpace jump in labor airport and fuel costs. So luv is the ticker for southwest uh. It's green and i expect it to stay green unless the overall market vomits, because of the whole economic retraction thing one that is vomiting, is teledoc.
Look at this teledoc dropped three percent yesterday and it is dropping another 43 percent this morning teledoc is getting murdered. This is this: is a murder we're seeing a homicide play out right now, tdoc got its throat slit, which also means that people invested in ark are having a very, very bad day. Kathy would bet teledoc slumps, 44 on cost sales warning so tdoc, plunged after warning on cost inflation and a slowdown in sales. The shares dropped as much as 44 in pre-market trading after full-year revenue and profit guidance fell short of the analysts expectations.
So, basically, just a big, miss, and now this is also another. I guess notch against kathy. She at one point was revered in really 2020, as just a market guru, a legend making a lot of money and man. Oh man, that's been catching up with her.
As of recent arc is teledoc's largest shareholder with a 12 stake that was worth 1.1 billion as of the close on wednesday, which means that just basically got sliced in half we're now talking about a 1.1 billion investment is now worth 600 million. That's going to piss off a lot of people teledoc, which is the third largest holding in the ark. Innovation etf adds to the woes of kathy woods flagship fund which hit a two-year low this week, uh she's getting seriously beat up, and it's not just t-doc uh she's also been continually buying robin hood, which we know that just hit an all-time low. Yesterday, it's not a good scenario for arc. While the company has the most robust virtual health platform, it is clear: the competitive intensity has increased significantly. In our view, it is unlikely to abate anytime soon. This is a city analyst talking about tdoc. I think the way we saw it with netflix, i think, there's going to be panic and capitulation at open, especially i don't know what arc will or won't do, but if they decide to pull the rip cord and just get completely out of tdoc, that's going to Represent quite a bit of selling aggression, so you got to be careful with that.
So meta reported. We had paypal forward. Qualcomm uh twitter reported this morning, we'll be getting into that southwest. We already went over that mastercard, the big ones that are still coming up: apple and amazon.
Those are gon na be massive, and then i would argue that roku, intel and robinhood are also important and then before the market opens tomorrow. We have some energy plays exxon, chevron, phillips, but the big ones are right here: apple amazon, after the market closes today. This will have huge implications not only on the nasdaq 100, but also the s p. 500..
One interesting thing to look forward to with apple is the buyback. Some people, according to citigroup, are looking for the announcement of a potential 90 billion dollar buyback. We just saw a 70 billion dollar buyback from google announced a couple days ago. So it'll be interesting to see if apple's saying hey, we think we're severely undervalued and we're going to be buying back a metric shitload of our own stock.
Apple's huge buyback will need to come with blowout earnings, so basically they're saying hey for things to really turn the tide here for really the tech sector and the overall um really stock market we got to pay attention to apple. Remember apple is the biggest company right now, so this will have a huge, huge influence. This is even if you're, not in apple. This is an earnings that you're going to be wanting to pay attention for obviously look for it to beat and or miss on top and bottom line, but also, let's pay attention to this buy back the other one that reported this morning, but didn't have a conference.
Call was twitter, um, obviously, there's been a massive massive saga with twitter recently, so people are kind of not even caring about what was or wasn't said in the earnings, because it's much more tied up with what the hell is going on with elon and elon he's Been on one lately, last night, elon musk tweeted that he'd like to buy coca-cola to put the cocaine back in the soft drink. Most people understood that this was a joke. Like ha ha you're hilarious, that's a funny joke! We get it, but there's it's always going to just blow my mind. The amount of like there's just like these people, with like a stick up their ass, that just like they just don't get it like they're, not nothing to them is funny. You just can't joke about anything to them. It's obviously people who are particularly against elon and against his acquisition of twitter and most people were like haha, that's funny, and then he was like the ice cream thing of like i'll, buy mcdonald's fix the ice cream, i'll buy doritos and i'll fill the whole bag. It's a joke, and then you just see all these completely unhinged people who are just what is he talking about you're going to ruin to deal with? What like what are you doing? The succ is going to look into this, isn't funny you shouldn't joke about like it's a joke, that's the point of it. You can joke about whatever the hell.
You want. It's a joke and i know most of you you're probably laughing like. Ah, that's like actually funny, but man, you have to see the twitter thread under it. There are unhinged people in this world, and i know we were talking about it a little bit yesterday that brian, what the hell is that guy's name from cnn stelter, seltzer whatever he is uh that guy, who just like always always always has the worst take on Every situation he is the symbolic embodiment of the people who, like wouldn't get that the coca-cola joke.
Tweet is a joke. It's a joke. Uh he's 100. I bet he goes on news today and somehow has like more of like a series he's like.
I don't know about this. I don't know why he would buy coca-cola and want to put the cocaine back in like he's such a there's, so many in this world. Why that's my question to all of you? I not rhetorically. I want to know why there's so many in this world.
Please give me your actual answer. I need to know. After no insult pact, elon musk appears to mock twitter and its policy chief with the joe rogan meme and says the platform has to be politically neutral. Imagine that, like this is what's going on right now, where people are freaking out by the concept that a tech platform would be politically neutral.
Even sorkin he's like there's a difference between a town square and a boxing match. Dude, it's the internet. It's just tweets! It's not a boxing match when you're on these social media platforms. People can share their opinion.
That's the opinion. It's just. You can agree with it. You can disagree with it, but as long as they're not calling for violence and as long as it's not inciting violence, you can say what you want: that's kind of the beauty, especially in america.
I don't know that old thing of freedom of speech. It's ridiculous, but right here um this was twitter or is twitter's head lawyer, who i covered a story yesterday that when she found out musk was buying. Apparently, like internal reports to twitter said she broke down crying, and then this is tim poole, a guy that always has hot takes and they one time with jack dorsey were on the joe rogan podcast and elon tweeted this out and it ruffled some feathers um. So we have to take the context into consideration. This is from the lawyer of twitter. Twitter's interpretation of the context is affected by their left-wing bias. I would need to see an example of that. Here's an example of twitter's left-wing bias.
We would have to take the context into consideration. It's just roundabout, never never stops, and then he pointed this out and then of course, business insider jumps on it and they're like what do you mean no insult? This isn't insulting twitter he's just pointing out the nonsensical nature of what their current censorship has been, and it's super interesting because it does seem as if it the censorship is more supportive of left-leaning people. So, of course, if you're of left-leaning ideology, you're gon na support the way it's already been because it makes more sense to you, you're like okay, i agree with that opinion and i want to be in my own opinions like it's just, i think that's a human Thing and, of course, there's also these right wing nut jobs, who i think they're awful like even elon, was talking about he's like the extreme left-wing people and the extreme right-wing people are not gon na, like what he's gon na do because he's look. He tweeted this out, he's looking for the 80 in the middle i.e the average person that most likely has opinions on both sides of the aisle folks.
I don't know if this has been really like stated to enough people, it's okay, to have opinions that are both left-leaning and right-leaning. You don't have to just blindly agree with the right-leaning side of things or the left-leaning side of things. In fact, i would argue if all of your ideology is exclusively left-leaning or exclusively right-leaning. I probably think that you're dumb, because that is really signaling, that you haven't had enough like deep thought for yourself, because there is no way you are fully left or fully right.
And if you are, i would say, you're on an extreme and you probably piss off a lot of people whenever you talk about politics, because i don't really think that's a grounded opinion and i don't think that's a grounded experience that most people have in this world. It is okay to have a mixed bag of thoughts i.e. Maybe we should have a forum, that's politically neutral, so people can bounce these ideas off of each other and there's gon na be some of you like dude. No, i want extreme right, like i am trump all i care about is republican. Any democratic idea i hear is stupid and then there's going to be people on the other side who i'm extremely left and anything that's related to elephants. I absolutely hate to me. That's silly: that's that's just showing that you didn't have enough critical thought on all these individual issues, because there's no no way i would ever buy someone being it and if you are you're on the wing and then i think you're a fringe loud loud minority and Whatever good luck with your life, this is getting to the interesting situation of like okay. Is it going to get blocked and the fcc ftc and doj were asked to block elon musk's deal to acquire twitter after claiming the transaction poses a direct threat to american democracy and free speech? You know this is a very interesting verbage.
It's a very interesting hot. Take direct threat to american democracy and free speech. This is a a lot of people who crack open their thesaurus and they're, like let's think of an incendiary comment and let's just say it and then not care like i get it. Maybe like is elon a perfect person.
No, you don't really become a billionaire in this world without, like screwing over a fair amount of people. That's life, i don't think, there's one billionaire who doesn't have very serious skeletons in their closet. I'm not arguing that he's a perfect guy and he's like sent from the heavens above no, but also, how is him buying twitter a direct threat to american democracy and free speech when his goal is giving actual free speech like this is this is? Is it written up by brian stelter when he's just like yeah? No, i don't want to go to a a party where everyone has freedoms. It's just absurd.
The commission respondents said they had no authority to block the purchase. So at least there's some reasonable thought going on there now to tie this really all together. Digital world acquisition, spikes 23, as elon musk tweets about twitter's competition. So remember he threw out this tweet.
I don't know if it's here that they actually are the number one downloaded app right now and i believe, twitter's three well we're still seeing dwack, which is the spac play that has a like. Really, they own truth, social or they own, a portion of it. But really that's the vehicle of how they're trading on the public market, dwac, uh they've been going up and up and up recently, i really don't know how long it's gon na last. I just think the people who are attracted to dwack are gon na now give twitter a second shot, which i think is gon na, hurt the downloads and hurt the engagement on dwack in the long term if elon doesn't execute upon his promises.
Okay, no, i think then there's an argument for truth, social um, but this has nothing to do with the finances of it at all. Elon brought up a very good point that this is a bad name uh. He he's like you should have called it trumpet, which that's just solid comedy, that is absolutely solid comedy. It should be called trumpet. I think that would be 100 better speaking of not being related to the market whatsoever. This is just something i had to share with you, because it it just shows how awesome things are in this world and how awesome people are. People are chartering private jets to get their pets out of hong kong. As the city state faces peak exodus, hong kong's, zero tolerance, covid policy is driving residents to leave the city-state in droves.
People are having trouble getting their pets on commercial flights due to flight cancellations. A one-way charter flight for a pet and accompanying owner would cost around 27 000, and then you have this awesome picture of a puppy. Just like stoked that it's on a plane. I don't think that there's many people who would pay 27 grand to get their child their own blood out of a country but you're, seeing it done with pets.
I love this. I honestly think there might be a fair argument that more people would be willing to do this for their pets than their own family members. I think, with a family member they're like hey commercial flights, are tough like we got to get it figured out. Let's see how it goes, but when it comes to a pet they're like wait, my pet can't go on the flight.
Private jet people are spending 27 000 per person price down to 27 per person for their pet to fly. I love it. I love it. People, people's true unwavering devotion and love for their pets, i truly think exceeds their own immediate family.
I think people are actually putting their pets higher in level of importance than their own. Immediate family, fascinating, absolutely fascinating, very quickly, with amc and jimmy once again, not much of a change. We have a short interest: uh just below 19 utilization 100 and with gme now we're up to 20.5 utilization still maxed out, but it really hasn't. Amc and jimmy recently have been more of a low volume, low volatility type of a situation, just really not much movement going on.
Obviously that can change on a moment's notice, but that's just where we're at in this current market cycle. Now before that bell goes diggity. Ding ding ding, you guys know the rules of the game. I'm gon na have to start a poll and you guys are gon na have to actually answer very quickly because i'm running a little bit behind today tell me all right.
You got ta vote long or short long short. I need you guys to vote very, very rapidly. Ask your community all right and while you guys are voting on that, hang on, let me get the code ready just in case you guys need to switch it up. Uh, the current code is uh.
Okay, i think we're good all right. I need you guys to vote. I'm gon na give you like two more minutes. If you haven't already um, don't forget uh, whether you're on rumble whether you're on youtube uh hit the like button and don't forget to join up with the moon game. By hitting the subscribe button liking, subscribing 100 free. You don't need to pay whatsoever. It just helps in the background, get this video to other people who might want to be degenerate. Gamblers like ourselves, i voted, but i have no idea melvin that those are the types i vote, so i like really need.
I appreciate that. I appreciate that apecointesting21 just hit 2092. took away natural selection with warning labels. Uh no reason to be too optimistic.
I mean i shared my opinions that i am bearish, but if you guys vote long, we're gon na go long, it's the rules of the game. Maybe i just don't know what i'm talking about. Maybe i just don't know what i'm talking about so we'll watch tdoc. Just because that one got slaughtered was facebook and i guess we could watch twitter or, if there's another one, that's like really moving.
We can see how apple is gon na do just because they have a big earnings, uh, so various things to pay attention to out of the gate. Today, all right, i got ta end this poll. I hope enough of you voted today. I hope you guys know what you're doing all right.
What was the result? Long, 60 percent, all right, all right, all right! All right! You guys are feeling bullish today going against my vibe, but hey it's the rules of the game and you guys have literally never led me astray. All right. We are going to get going. We are ready, uh, 9.
30, the first trade. We are going long and you guys know the profit target. Well, let's you guys seemed very confident so we'll go for 150 out of the gate, we'll do a little 50 increase instead of our normal hundred. Let's get this rocking all right, so we're about to get going on the day, and if we hit this trade we officially made our first target, which is always very, very exciting all right.
We are 50 seconds out team, indie team team team team, indie team team team. Let me switch it over, so you guys can see it. The robot is ready, mr robot, and here we are so let me just make sure it's on long. It is on long.
You guys voted long. I hope you guys are right. You seemed very, very confident, like oddly confident, let's get going the stock market for today, thursday april 28th will be opening in three two one ding ding ding, ding ding, the casino is open. All right.
I don't know why it goes off a little bit just because, like there's a slight reaction there, well you guys hit it it. It took seconds that was i put in 150, but it was off by like a quarter of the tick which is 12.50 um. So we just locked in 137.50 uh that took seconds like that. It's done like it.
It bought and it filled 137 out of the gate uh. So you guys are very much on the ball today. Like you guys it you nailed it, you absolutely nailed it. I wish you watched amc like this.
Amc has not been moving. Folks, we're not going to watch something, that's not moving. You don't make money on things that aren't really moving um. So i, why would we do that? I mean you could watch it on your own, but if it's, if there's no news or anything major going on like what's the point in watching it all right, let's see how this is gon na go. Oh, don't ever doubt us, i'm sorry! Well, you guys were good, so i guess we could run another one at um, 9, 45. new york angelo is a good guy. Who is new york angelo moon, gang etf for the win? You guys are officially eight for eight uh and we official hey wait. We need to celebrate.
How are we not celebrating right now? Uh, we passed our first goal. Hang on. Is this what i need nope? Not that one we have to celebrate team oops? No, that's not right! Okay! Um! Congratulations! Congratulations! Congratulations! Are there any other positive ones! You guys are on fire great job, great job applause applause to all of you, you guys you guys are really crushing it really crushing it. I'm proud of you very, very proud of you, uh, and now it's going down, so you guys lickety-splitty all right.
I guess we could run the next one at um. I don't know what time i'm i'm a little bit nervous of which way you guys are going to vote, we'll see all right, we'll run the next poll, uh double dip time, double dip. Long short, okay! Next poll vote it up and then uh, if you're on rumble just type long or short and we'll get the general vibe over there, but if you're on rumble type it up. If you don't want to go and vote on the poll, but i need you guys, you guys have been drastically drastically outperforming the old kramer etf.
I mean you guys, eight for eight eight for eight and we're now officially over the 2.5 grand mark. So uh you guys are rocking it. Apecoin is ripping rip and ripping if you're interested in apecoin, depending on where you are or aren't check out, what's pinned to the top of chat to get yourself some, if you wan na it's a little bit chasey, but this is all relating to the whole metaverse Thing if you want to lose money, set up a twitter poll, it was i'm very honestly. Thank you guys for saving me from that one yesterday they almost they were my carol baskin they almost financially ruined me uh.
I wanted no more bets option on the poll. What wait, what no more bets you don't want? It garage, i think, you're garage aj, i think you're in the wrong place. Yeah. It definitely has the vibe that you're in the wrong place.
Uh hang on. Let's see what else, let me know your thoughts and targets as the market open settles down, run the poll closer to 9 45. uh. I probably should have done that, but also well.
You could save your vote because i'm gon na leave the poll up for another. What, however, long got some music loaded up? I mean i got completely demonetized yesterday, but i also don't really care because you guys made so much money trading that it didn't really much matter um. So we could do that again. If you guys are crushing with the trades. I don't. I don't care about the youtube money at all at all at all, oh brother, i kind of want to do less bets and just bigger, like i just want to do. Uh, like we'll just a large large size, bet tdoc down even more now apple fa. I don't get facebook, i don't get what's going on with facebook at this moment, bring back the sick beats all right.
Let's get to this, i could turn this down a little bit uh. What is sunny beats? I should get everyone vibing a little bit of lo-fi stuff going on. What else do we have? Let me see uh we're only six minutes in so we don't have to check the options yet disney released. The first trailer for the avatar sequel called the way of water and announced it will hit north american theaters on december 16th.
Some avatar stats. That don't seem true, but are the og movie from 2009? Is the highest grossing film in history there are four total sequels planned. The final entry arriving in 2028 avatar two was originally supposed to open in 2014, but couldn't find enough blue paint, probably true toward the headlines. The development of two replacement airplanes for air force - one has cost boeing 660 million in q1, and more than 1.1 billion in total didn't seem so the company ever agreed to build the planes which former boss does negotiate with president trump in 2018 air force.
One is just going to call a very unique moment, a very unique negotiation, a very unique set of risks and boeing. Couldn't shouldn't have taken so boeing, not stoked that they're making air force. One president biden gave strong signals that he moved to cancel some student loan debt in a private meeting with house stems. On monday, a judge denied elon musk's request to toss the sec settlement required his tweets to be approved by tesla lawyers.
Musk did score a separate legal victory regarding tesla's acquisition of solarcity. The nfl draft kicks off tonight. China's dji, the biggest commercial drone manufacturer in the world, is suspending operations in russian ukraine over concerns that drones would be used in war. That's your skinny on some global stuff, all right! What else do we have going on any crazy, crazy movement? Yet did the fin viz heat map load up? No not yet, let's see what some of the whales are doing, a spy call for four days out an apple call, apple, call, 15 days out and apple put one day out, facebook put um oops spy, put cue, put put put spy, put tesla, put tesla put Facebook call spy put put, but these are for 22 days out.
We do have some hue puts for one day out: they're looking at 305, 315, 310, probably betting against apple. Really because that's i mean the queues aren't even really close to that. Are they they're betting? On a 15 drop in one day, they're definitely saying that amazon and or apple are going to miss for that type of a bet, all right, all right, all right all trying to bounce back a little bit yeah. I do all right. What do we have? Are you aware that kathy and elon are doing a direct write now on youtube um? They probably aren't probably a pre-recorded thing, and then people just like to use those two faces like all the time all right. This is actually a little bit too loud and i can't properly focus on all the chat. Okay, so let's see what the vote is, let's particularly turn this up with the okay. I think it's kind of split over here on rumble in terms of the long and short vote all right, and then what do we have on youtube? Let's end this poll, don't forget if marge is calling just uh, you guys voted long.
Are you guys sure about this one? Are you guys sure about that? Like super sure i feel like i am, i mean over 400 people voted long. That's tough team! That's tough yeah! This was like a close. One depends on your target. Well, i i need to know how much you guys are paying attention today, i'm blindly confident in my short vote.
I like that. I like that enthusiasm when in doubt, don't doubt chat. That's also. There is some legitimacy to that.
There is some legitimacy to that. All right all right, all right, we'll do it. It is the rules of the game. I should trust you folks.
I should trust you folks, all right, it's locked in for 9, 45. matt. Are you the kind of person that turns on the radio in the car to read the street signs better yeah 100 makes my vision more acute. Oh folks, what are you doing with me on this one? What are you doing with me on this one? All right we're gon na go for one point here: oops, i hope you guys are right.
Tesla is going crazy, tesla all right apple, not doing much tesla getting its teeth kicked in folks. Getting its teeth, kicked in okay, okay, okay, okay, uh! I got here late matt, i'm not responsible for this vote unless it goes well. That's fair! That's fair! We're trying to improve your life skills. Oh he's he's done with amc, i'm not done with amc! I just i own it! What what else is the dd's been done like us following every single minute chart? Does nothing does absolutely nothing for amc uh.
If there's breaking news, i'm happy to cover it, but um, adam aaron doesn't talk with me. It's not like. I can get an interview with them and ask him questions. It's just the dd's been done folks, either you're in it or you're, not in it, but the concept of covering it right.
Now. It's not moving. There's low volume, there's low volatility and when there's news i'll cover it, but other than that, let's make money like it's just you just hold it uh. Will you please sing spongebob's rip pants lyrics? Please uh! You don't want to hear me saying mikey all right.
What time is it? Oh shoot shoot shoot. This is about to run you guys, i'm feeling a little bit suss about this one, i'm feeling a little bit sus team. All right. We have a couple seconds order. Fill order filled! Oh well, you time that one! Well, it look it it filled and it hit the profit target within seconds like like actual seconds. That was another 50 bucks. We went for one point on that wow. You guys really timed that one.
It was done like it that took two seconds max like that. Was just 50 bucks and honestly look at that? We could have gone more um so right now we are up uh. Well, hang on. Where did we? I want to get the details, so we bought yeah.
We got 50 bucks strategy, so we got in at 4200. 450 and a bounce at 4002., yeah 50 bucks done all right, so we'll plus another 50 onto that another 50 onto that one: easy peasy lemon squeezies! You guys really do know what you're talking about hey. You really really do well. I appreciate that one.
I appreciate that 50 spot brennan. I am an algo i'm starting to think that you guys are robots, like you guys do seem like high frequency traders, a mind hive, a an ape hive, mind of sorts short it harder gap, daddy, it's turning oddly sexual in here man, you guys now you're. What are you, nine out of nine nine out of nine? You guys have almost gone for ten trades in a row. We're definitely not robots.
Well, you guys crushed it. Robbie calkins with a fat 50 super chat, duck child. You look great you're the forrest gump to my lieutenant inn. You are not my best worst friend now, worst best friend congrats to my very good buddy in portugal.
It's his b day got him euro next lisbon and bought first amc shares shout out to shupa. Mumbree am i saying this right, ravi robbie's always coming in with the good vibes. Oh he's just he's ready for a good vibes type of a day, robbie's always he's on the ball. Uh tesla, unfortunately, vomiting teledoc down even more all right.
Let's see robbie um all right, how are you guys feeling on the next one i kind of want to do a bigger bet. He told me. Obviously he told me it's robbie robbie, always trolls me. That's that's robbie's thing and we love him for it all right.
How are you guys feeling on this? We see that taste, tesla is vomiting facebook. As i said this morning, i don't think it's going to be holding tdoc a little bit of a bounce. Let's see what the flow's telling us right now cues put put put put. They are betting against amazon and or tesla.
These are all one day: expiration uh, two three mill, three four mil four mil bet against the q's, the nasdaq 100 for one day out, one day out, four mil just got dropped against there. They're. Basically, just saying no way is this going to work on amazon and tesla all right, all right, i guess you got a third time. Is a charm.
Third time is a charm all right. Let's not do your opposite votes anymore. Let's give us your real votes team. What type of trading are you doing when you allow the chat to call your play? Can you explain i am fairly new, and how can i do this um? I would say justin the best way like the type of training i'm doing. I think it could be referred to as being a degenerate, basically i'm putting thousands of dollars on the line to make like 50 or 100 or 150, and i'm letting a bunch of my internet friends decide if i should go long or short, so the type of Training called being a degenerate and that that's about it - i i don't know like it's, not technical, it's not fundamental. It's it's crowdsourcing, it's crowdsourcing market predictions from strangers and it's a super high risk. Super low reward, high risk, low reward, degenerate, training with internet friends is what i would say. Does that make sense justin? Did i like properly answer that? Oh and it's on the futures market, but that's the high risk low reward part of it worth every cent.
We ps and balls from the best extra for the troll uh shout out. Robbie tdoc halt up. Yes, yes, yes, yes, the market is one big crowd: source yeah. I don't think you guys are like much different.
All right we're going to do something a little bit special on this one end poll. Well just so you guys can hear it. Here's the volume, but i think the only reasonable way to do this is we're just going to we're going to double it up. We're swinging for the fences on this one, you guys would be right.
You guys better, be right order, filled. Uh, oh shoot! I didn't have the right screen up. Okay, let me just quickly show you so here we are order filled as you can see, we doubled it up. We are playing with big boy money now and when we go into a massive profit position, because you guys are always so right i'll, just ask you if we should lock in you know what we're going to do we're going to ask the spinning wheel to lock It in or not today that will decide when we do or don't get our money great this this is another great way to do.
Trading is just ask hang on. I need to log into the i need to get the wheel up. Where is my wheel, all right, dashboard, all right and in the meantime? Well, that's not good. Just generically know that we need this to happen, this low that we just saw.
That's where i went short, you guys are like yeah totally like do it uh. I i need it below this number for me to be in profit because other than that it's going to go very, very bad uh, and then what we need is the wheel, spin wheel settings all right is our wheel up. Is it ready? Oh, this is from yesterday. Okay, that makes sense right.
So when the moment is right, we will do it a little bit more like this lock or ride, but obviously we have to wait till we have some money to be able to do that and we we doubled this one up. So as it goes up, we're losing money, but what's fun about it - is we're losing money at double the rate. So, for example, right now that new position is already down eight hundred dollars so that sucks um yeah. What's the point of losing money, when you could do it even faster double down again uh, i think i would quickly get margin called these contracts are expensive, so i don't think there's enough money in the account. If it goes like a little bit against uh, we would get margin called like right away, all right, cool cool cool, so we're watching the spy here facebook coming down. I think i think it's gon na continue to bleed, but now you could argue that i'm biased, because i just bet against the market tesla - is bleeding tesla's down 4.6 we're seeing some there's some bullish bets, but i think there's more bearish bets, especially for the short Term iwm put put uh, that's like 1.3 million for 78 days out, so they're bought betting against the small cap sector. We have a spy put 50 days out a q put for one day out. That's 414 000.
A facebook put for 15 days out apple. Put eight days, tesla put eight days test a call for one day we already went over this wall of nasdaq puts tesla okay, we have some calls coming in all 29 days out and then we have a spy call for one day out at 407. 000.. So the premium is still being dominated by bears about 60 is bearish premium and then 40 is bullish premium.
So the short-term ones. There are a little bit of short-term bullish calls, but i would say more of the short-term ones, like the one and eight days are more clearly favoring. The bears uh at least as of this morning, and we're only 25 minutes into the day. So keep in mind, things can change and things can change rapidly.
Uh rumors of elon turn on twitter. I doubt it there might be rumors, but those rumors would be wrong like if he pulls out it costs him a billion dollars. He basically like won't pull out and if twitter pulls out, it would cost them a billion dollars. If one of the parties pulls out it costs, they have to pay a fine of a billion dollars like that is in the contract uh.
What else do we have? All right, i'm just looking for the spy to die right now, just to give you guys roughly when it's at this level - oh that's painful down a thousand yeah, so even taking a short position right here. This bounce, like you, could just see how leveraged it is. That's down one thousand dollars, it is what it is. It is what it is, but i very much need this back down, so that's where everyone's gon na have to really start lobbing up their prayers.
Okay, this is going the wrong way. This is what happened. Kind of yesterday, in the morning we just got to get the emoji back out there. We come on bring it back down, let's just let's just use the old magnet.
What else do we have going on? So dwack is up. Another 5.75 percent tesla's down 4.6 twitter is trading at 48 down almost 1 percent nvidia's green up 2.8 apple's up 1.9 microsoft break even netflix is at 189 slightly green on the day, but obviously still getting clobbered amc is down. Four percent and gme is down point. Eight percent uh the spy, the qs and the russell are all in the green, but that's because they all gapped up quite a bit and now they're, obviously kind of giving back some of those gains. So you're saying don't pull out financial or relationship advice. I mean i think it could be applicable to both decorate your magnet. It's a good call. That's a very, very strong call all right and look at that.
We're coming back down come on bring us back to break even just just bring us back to break. Even let's just just keep going there just keep give us a little bit more, just tap it home. A little tap tap tappy uh tdoc, coming back down tesla flat facebook down netflix, actually kind of going up a little bit. Microsoft looks kind of like tesla apple flat, boring up two percent nvidia all these major tech players right now ever since 9, 45 have just been kind of flat deciding if they're, actually gon na bounce or, if they're, gon na all breach their intraday low.
What else d whack is up? D-Wack craziness, how is apecoin doing apecoin still ripping apecoin now looking for 21 uh, not a bad deal, apecoin has been on quite the tear lately looks like it's all-time high, at least according to trading views 40. From its like initial day, why don't you just go home answer me uh? What was your question and why are you so aggressive this morning? Why why so aggressive wow? What do you think about hellofresh hl, fff uh? The fact that has five letters tells me it's on, like the otc market, it's not traded on um a normal market, so that's also referred to as like pink sheets uh any of those five ticker ones. I really i don't trade anything with five tickers, because it's either on the otc market or it's a mutual fund, neither of which i'm interested in he's cappuccino-less. No, i actually have it it's a great great call cappuccino break.
All right is the spy gon na break down. Am i gon na get my money yet? Is it gon na like give me my money? There we go there, we go. Here's the proof that the good guys, the good guys win good guys win we're down. 300.
200 175 come on, keep coming, get us back to breaking down with seven five, all right now we're in the green. You saw it turn green. Let's do it, let's do it here we go. This is all she wrote folks here we go we're back in the green.
Now we're cooking with potatoes. Now we're cooking with potatoes. Let's just keep going uh, obviously, 4200 key psychological level key technical level. I would expect there to be a little bit of buying demand there, but obviously i think they're going to get crushed and they're most likely going to get crushed because, as you saw on the chart right here, uh there's a giant magnet pulling it down.
So there's like no way it's gon na bounce off of it. It would go against the rules of trading um, all right we're up. I wish i could make this text bigger, so you guys i want to make it as big as i can. I don't know if you could see that it's probably too small but we're up. 550. 575. 600. 625.
Like i said it's a super leveraged position. High risk low reward, it's a fun game, it's a fun, fun game! Um! I guess. When should we do the like? The poll: when should we do the wheel spin thing, let's just see if this keeps going, i suppose we could do it that way, um but we're making money. Let's make it bigger.
Let's make the sell-off, let's increase the velocity, let it ride till market closed. I was thinking about that, but i don't like. I won't be streaming at market close and it's more fun when you guys can see it sad that our markets are a game exactly you get it mountaineer in florida, you're putting it together. You are very much realizing.
Wow, this is kind of messed up. Oh man, well from a technical perspective, oh man, that's such a nice magnet large magnet uh at this point. If it doesn't quickly recapture 419, i mean there is legitimate, an argument that it's going to come to 416. Just previous support and then from there i'd be watching just above 410., wait: let's get that magnet back up where it needs to be where'd the magnet go.
Ah, i hate when i lose my giant reg magnet uh we're making money. Folks, i'm curious. Have other people decided to take these crowdsourced trades, or is it just me being the full-on degenerate? Because i don't think it's good like i should caveat this with like um. Well, i can't even say i'm a trained professional because i'm not a trained professional, but i want to make it explicitly clear.
Like don't do this, this is what's happening in front of you. This works until you lose all of your money. It's you're, picking up pennies. In front of a steamroller, it's just the amount of time before you get rolled by said steamroller.
I don't don't don't do this, do don't don't uh it? This is no don't do this money wasn't real to begin with. Well, that's more of a philosophical take and i agree with you. This is kind of like the, whose line is it anyway, but of the stock market, where just it doesn't matter wheel, spin for spongebob ripped, pants song, uh mikey, i don't even know, if i like know the full song like i would i just i would do The spin - but i i i guess i need time to like learn the full song. I definitely know what you're talking about, but if we're going to do it, i want to execute it properly.
Lock it in. Are you guys being much some babies about that lock? It in what lock it in you guys are gon na have to have some conversations with my mom, because you're gon na very quickly learn that mama course didn't raise. No like we're doing this, we're going big folks, i mean these. These shirts are expensive, like i this this. This is a lot of money, a lot of dinero mucho mucho monies folks, we got ta hit big right. I just can't afford my lifestyle, and this is the mad show. This is all about my lifestyle. You're like like.
I thought we were learning about markets and market manipulation and medi, maybe a better way to engage in said markets. That's not this show folks. This is matt needs to pay some bills, some big old fashion bills um. So let's, let's keep that straight.
I just want to hear the wheel. We can start spinning the wheel uh to see if we just kick people uh. So is the market gon na break down? Is it gon na capitulate or no should we have locked it in?.
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