Foreign Thank you Foreign Oh my brother O Brother foreign Oh Lordy I Had absolutely zero zilch goose egg plans to start this stream early and then I came across something on the interwebs that made me as giddy as a little school girl folks. I've been here for the past 10 15 minutes geeking out about the most insane thing I've seen on the interwebs arguably all year and I figured to myself, hey, I might as well share it with all my internet friends because that's what internet's friends are for you. Share Interesting and fun things that you find on the internet. Now Yes, we're going to be getting into stock market stuff I'm going to talk about everything that went on today.

what to look forward to for the remainder of the week? We'll recap my positions I'll answer questions yada yada Yada? Sure Sure yeah. Matt Course talks about stocks Finance Economy greater? Great? yeah. Put a pin in that because you need to shut up and listen to this. We all know this story of the missing Titanic submersible basically 5 pretty rich people for rich people and one person the captain of this like mini sub going down in the waters off of Nova Scotia to examine that Titanic crash site.

We all know that's been going on, they were missing and we know because of emergency precautions they have 96 hours worth of oxygen as of yesterday that got down to 40. as of today, it's closer to the realm of 22 hours. Captain Jamie Frederick of the U.S Coast Guard said Canadian Planes detected unidentified sounds on Tuesday and again on Wednesday We have to have hope. So obviously this is a very real situation.

It's a very touching situation. My thoughts and my prayers and my hopes go out to the family. The Rescuers and everyone involved. Now if you're like me, you might be getting a little bit more involved than you should in this story.

And if you're in that same vein of Internet Detective Sleuth, you might know that the son of one of the billionaires on the mini sub maybe not acting in the way that you or I think that you would in this situation. and I'm obviously talking about all this craziness. And to be more specific here, there was a Blink 182 concert that this I believe the stepson of the billionaire on the sub went to and he tweeted out some crazy stuff of like oh, this is what my family would want me to do and I don't know about you but maybe that's what they would want you to do. But if I were in that situation friends, family, loved one I think I would be doing what I could at least to attempt to help or do something just to feel as if I'm making some sort of progress for it I don't think I'd really be going to a concert now.

You might think about that and might think yeah, that's crazy. Why would you go to a concert folks I Wish I could tell you it stopped there I Wish I could sit here and be like you know what, Maybe just something's going on in his life and he needed a a bit of, uh, just kind of taking his mind off of it knowing that he really can't truly help. It's not like he could run another sub to try to find him or something. Maybe maybe that's where we draw the line and we all look back at this in the history books and we're like.

That's a weird footnote that the sun was at a concert, but whatever. we all handle trauma differently. I wish I could stop it there. But folks, one of the core tenets of the Matt Core's live show is that we push everything way too far.

We dive into it more and more and more no pun intended to see really what's going on. And I bestow upon you this now before you freak out and you flag me for not safe for work content. this is imperative to the story. We have some internet girl who looks like she works out and she tweeted out can I sit on you five very normal words that you would put out on Twitter that's what you would put out.

This guy, the son of one of the people on the mini sub, said yes please with a smiley face with the hearts around it and this just happened. This happened. at 10 A.M Today He did this Fucking today. What world do we live in that this is happening.

This is the craziest freaking simulation ever. This is him. This is the Sun Are you kidding me? This is so fucking crazy. Uh, the son of someone on the sub is quote tweeting this: What? What is going on? Man, this has to be the craziest situation we've seen on the internet.

The son of who of one of the people on the sub this is this is Brian meet Brian um obviously talking about cardi B Here he's saying yes, you can sit on him but then also, please keep my family in your prayers. Imagine that the juxtaposition of this yes please. But also, please keep my family in your prayers. What a wild succession of tweets.

Literally a story that is enthralling the entire world. Everyone wants to know. Are we gonna find the sub? Will they be safe? The time's literally ticking. They have less than 24 hours.

We know the Sun as I alluded to before. Whatever, we all he handle trauma differently. goes to a concert. Maybe you need a little bit of a breather? Comes back five hours ago.

Please keep my family in your thoughts. Very next tweet was oh yeah Oh yeah yeah, you could sit on me. This is so wild. I Love this simulation! Elon and whatever coding crew is helping you run the current simulation.

My hat's off to you I Did not see this twist coming. This is a cliffhanger for the Eight Dude I Gotta how do I turn my notifications on for this guy? notifications on I Mean we got. let's let this thing rip. We gotta let this thing rip like this guy.

next level I Can't believe this is real I can't All right? Well anyway. uh, that's why I wanted to start the stream early today because I thought it was pertinent information, everything going on. Speaking of that, we should check in on the market. All right.

The Spy kind of a fake out breakout. a little bit of a rippity skippity doodah to the upside coming back down. same with the cues I was hoping that that would happen with Tesla it didn't happen with Tesla if you were watching the stream early this morning. Well, also, yesterday you knew that I was carrying quite a few puts against Tesla and I sold about a third of it just to lower my risk because I was taking on more risk than I actually wanted.

The position is currently up but ever so slightly and I want you guys to spend the remainder of the stream thinking about that of should I get out? what should I Well now it's breaking down now I want to hold it even more I don't know what to do because they expire Friday and I really don't like playing options that close. So I'm thinking about maybe rolling the position, maybe the same strike place and just play it for next week or something like that. But anyway, I still have a lot I still have 30 Tesla puts, 24 25 more Tesla puts and then 25 IEP puts. but my IEP puts are not moving as much as you think they would.

But you know what is moving. Crypto: Bitcoin Ripping just below 30 000. As I'm speaking, when I started this, we were above 30 000. Now we're just below it by six buckaroos.

You have ethripping. Crypto is ripping. If you're curious, what in the world is going on, why is crypto ripping Mateo Please tell me. Well, luckily for you, I have the ability to read the New York Times in Bloomberg and I'll let you know it's because of a company known as Black Rock BlackRock has recently filed for a spot.

Bitcoin ETF You might be thinking I've heard of Bitcoin ETFs You're right, we do have them, but they're based on Bitcoin. future contracts not actually Bitcoin itself which is like the whole spot like when you hear spot. Gold Spot Oil is like the real thing. While Bitcoin Futures ETFs are what's in the ETF, it's basically what's actually in the ATF.

Is it legit? Bitcoin because the ones that are currently approved are actually Bitcoin Futures So future contracts are what's actually in it and they just roll and probably some percentage of the front month and the second month and blah blah blah. So anyway right now the Articles were saying. to this point in time there have been 28 different applications for a spot Bitcoin ETF by 20 different companies and the SEC Gary guns are basically all said to them go kick rocks. But recently BlackRock has filed for a spot Bitcoin ETF which is a big player.

They manage trillions and trillions of dollars. But potentially what's more important than that is the fact that they in their history have filed for 575 ETFs all of which was approved except for one and not long after that one was not approved they ended up getting it approved. So basically like a 99.99 accuracy on this, but essentially we could just round it up to 100.. So the fact that such a dominant player is filing for a spot Bitcoin ETF A lot of people are looking at me like oh, they must know something.

They must have gotten kind of the inside like wink wink nudge nudge from the either the SCC or probably the Cftc because Bitcoin is defined as a commodity and the Cftc overlooks Commodities So even if they gave them the wink wink nudge nudge. but this is giving people optimism that a ETF is going to get approved a spot. Bitcoin ETF We already have a Bitcoin Futures ETF but this is all about a spot. The real thing.

Why is this important? Why would this drive the price upward? Well, it's driving the price upward because of Fomo. But why do people have Fomo people at Fomo? Because if we get this ETF that gives a lot more exposure of Bitcoin to the rest of the World Retirement accounts can get involved. more of Wall Street can get involved people who just don't have crypto accounts. Well, if they have a brokerage for the equities, they could just go buy that ETF then.

so that's why it's just basically more exposure within the equity markets. Well, right now, there's really no exposure within the equities markets. It's all in the crypto market and the Futures market. so it's because of that.

So right now, the Market within Crypto is front running this concept that, oh, if Blackrock's doing it based on their track record, they're looking pretty freaking good. So it's They're basically arguing that it's going to get passed. Now you might be thinking about like Gbtc and understand that it's all just regulatory legal loopholes that's a close fund. an ETF.

Well, it's very transparent. You would see the settling at the end of every single day of what's in it, what's not in it. And at this point, obviously the SEC has been dragging their feet on this for whatever reason. And and most of the time they just wait an awkward amount of months and then they say no, we're rejecting you and then they don't really give a good reasoning.

but anyway, there's a bunch of hopium right now that this time will be different in my humble opinion. I See this going one of two ways: I Either see the SEC saying yeah, cool, we're going to prove it. The Cftc just says yeah, the same thing and crypto actually keeps ripping because now Bitcoin especially will have exposure to the multi-trillion dollar retirement accounts like in the world in the US I Actually mean, um, it'll even if a small percentage, even if one percent of retirement money goes in. that's hundreds of millions of dollars that could flow into Bitcoin So I think it's a pretty big deal, but on the flip side, at the SEC and the Cftc and the government and regulars say ah, ah honey, Well I think then that could actually cause a massive sell-off because I Think the world, the market might look at it as saying well, hang on If BlackRock can even pull this off, who on God's green earth is going to pull it off? So I think this is a high risk High reward type of rally that we're currently seeing in crypto.

so I Just want to share why crypto's ripping, especially outside of the world of the spy and the queues. So I just want to let you know what's going on there and why it's such a big deal that Blackrock's doing this. And once again, if you want to look more into it Bloomberg and I think it was the New York Times maybe it was another Finance Whatever. it's all over the Internet so feel free to find it.

But that's the skinny on the crypto situation. The skinny on the stock market situation relates to Daddy Powell The chairman of the FED who spoke with the house the U.S Congress half of it today and he's speaking with the other half tomorrow. the Senate So he basically doubled down and said hey, uh yeah, no inflation's bad, we're not taking 100 foot off the gas. We are definitely not going to be accommodating, and in fact, we are as hawkish as it comes.

S P 500 Falls for a third day as Market rally loses Steam and I In my opinion, this was inevitable. Before we talk about all of it, you guys know almost 95 99 of what I say and we talk about it's useless. Whatever, it's entertainment like. You're not going to learn anything from me, but every so often we find things on the internet that are in fact you useful for all of us to know and I actually haven't reacted to this one yet.

Someone sent it to me and they asked me to do a blind react so you know me as an Entertainer I Always want to appease my audience. So here we have it. Um, obviously. I hope it's just phenomenal.

Finance Tick Tock Advice Education so everyone listen up and you might want to like break out a like a pen notepad and that type of stuff. What if I told you there was a way to buy things like this hundred thousand dollar watch without spending a single dollar of your own money using business credit like this that you never actually have to pay back I'm interested. This sounds crazy, but any business owner knows how this works. You know how? Personal credit Works Let's say for example, you will get a car or credit card in your personal name.

Your personally held responsible for that. So if you were to go get a credit card in your personal name and you were to go Max the card out. You're gonna be held liable. if you don't make that payment back, the bank can come and sue you.

Now what makes us different about business credit? Well, business credit. You are not personally held responsible for that line of credit. So let's say for example, how I got this watch I was able to open a business I didn't really give a shit about buying it I went open business credit cards in that account I then proceeded to go on buy this four hundred thousand dollars I'm going to turn around and sell it to a jeweler for eighty thousand dollars in cash which now gives me the cash I'll file bankruptcy on the company I'll never have to actually pay it back because I'm not personally liable for the American Express card. It's all liable underneath my business.

It's all weird to explain in one video. but guys, if you're interested in getting involved in this and you can use some extra easy money now, I Want you to go to Instagram The secret ingredient is crime that's so absurdly illegal. I I'm no lawyer, but I'm pretty sure that's defined as credit fraud. so definitely defined as some sort of crowd Fraud Fraud Fraud fraud.

Definitely defined as some sort of fraud hyper illegal. Hilarious to watch. Don't Do it. That's absolutely insane.

Absolutely. Bonkers Insane. Okay, so to kick the day off our friends across the pond, you know the G'day mate. Wait No, that's Australia those guys.

hey, get in the Paddy Wagon no, that's Southern that's I'm gonna take you away in the past. more of the guys like hey, that's my tea. That's it. That's the accent I'm going for hey, that's my tay.

That's that's my tea. That's my tea. Hey boy boy, that's my tea. That's it.

Fucking nailed it. Oi, that's my tea. Why are you throwing it in the harbor? They'll do I I think I'm crushing it. Oy Oy mate.

What you doing with my tea? Why are you throwing it in the harbor? Should I be an accent coach? Should I be I think I should be anyway. Uh, all the T stuff aside, the UK kicked today off with a pretty spicy attitude by saying inflation's higher than expected. They were expecting 8.4 percent came in 8.7 This is their CPI their Consumer Price Index We have one. We already kind of peaked.

We're our Cycles faster than theirs because our Central Bank started the Fed rate hike earlier. So worst, we already peaked and coming back down. and they're kind of lagging behind us by a handful of months just so you know. Uh, but anyway, this is putting quite a bit of pressure on the bank of England the Boe which is like their equivalent of like our Central, Bank and Powell and all that good stuff.

But anyway, inflation coming in higher than expected, not coming down as much as we really wanted over there in the UK. Obviously, that puts downward pressure on the economy because it forces their Central Bank to be more aggressive, less accommodative, and basically just more hawkish. Um, so core right here. 7.1 Their expectation was 6.8 so things are not really coming in like not.

that's not good news. So that's how the day really started. And then things got a little bit more aggressive here with Powell our daddy of money, our money printer daddy. Um, you have Jerome here signals higher rates on lawmakers.

Press him on Bank rules. So couple things happened here. Once again, he spoke with the house. He will be speaking with the Senate I Hope you're watching this in time, but if you're not on Thursday June 22nd he will be doing a probably two hour talk with the Senate Pal Expects more fed hikes ahead as inflation fight has a long way to go.

as of now. There's an 80 percent chance that at the June excuse me the Late July Fomc meeting, we're going to get another 25 bips rate hike. So and we know from the Sap the summary of economic projections that between now and the end of the year the FED is signaling for probably two probably 50 bips in total a 25 and a 25 and feel free to check my math on that. But on top top of it, House Democrats Release wave of Bank reform bills.

So we throughout this The Talk Today Jerome did get not only questions about inflation but also like racial inclusion and what we should do with the banks. Like they kind of hit him with a barrage of questions. um some of them mattered, some of them didn't some of them were just people pandering like to Their audience or constituents of like trying to get like a hot like sound bite in there. But really all it does, especially for these House of Representative members.

It's just kind of. It's embarrassing because it shows how much they don't know about the economy that yet they are a representative for so strange situation and I'm betting that it will be continuing tomorrow. So as you can see throughout the talk today, that's when we were kind of coming down and we realized people realized that he wasn't saying anything too nuts. We started to bounce a little bit.

There were other Fed members speaking today, but this was short-lived A classic fake out we break right above the intraday High it holds there for about 30 minutes and gets absolutely murked. The cue is not holding its trend line coming down. The queues actually hit the worst right now. Even though we have 15 minutes to go, the queues are now 1.2 percent, the spies down 0.44 Uh, things are definitely looking a little weak like I said Bitcoin ripping because of BlackRock the spot Bitcoin ETF that they're filing for signaling some like maybe they know something we don't know and then Tesla finally freaking coming down even though that was an absurdly painful trade.

Speaking of pain, there's going to be pain coming to a lot of Americans or basically people from our College World Why the Supreme Court still hasn't decided on Biden Student loan forgiveness? So there are many different tranches to student loans, but there is a big tranche of it that students are going to start repaying in. October if you ask me. I Think this is going to be another little aspect of the recipe that causes our overall economy to go into a mild recession. I'm not going to sit here and call for doomsday, but I'm also not going to be like one of these clowns on CNBC Saying this is the start of the best bull market ever I Do see some choppiness I do see some bearishness ahead of us.

just not extreme. Uh, like I Just want to be honest like I don't see doomsday I'm not gonna like be here and tell you to sell your wife. that would be crazy. but I'm also not going to say that I'm going to be yoloing into everything because from a fundamental level, there is a lot of over evaluations.

I Think we just need to come back to reality. That's it. Nothing too crazy I Just in the medium term, my prediction is a little bit to the downside and then eventually as the FED continues to do what it's doing with its Fed rate lowering demand, the economy will stop being so hot and then we're going to bottom out and we'll start to recover from there 2024 with the election cycle. Hopefully we improve, but it could be a little bit choppy and then I think really, the party restarts in 2025 and 2026..

my prediction in the big scheme of things is rockiness. Now a little bit of an improvement, but be a little bit also of rockiness because of the presidential election. and I think 2025 and 2026 are just like bull. Paradise I think we just ripity freaking skippity doodah.

That's my prediction I don't know if it's right I don't know if it's wrong. that's how I see things playing out. but anyway, in the short to medium term, the fact that there's more money gonna go into paying off college debt and not really quote unquote stimulating the economy I See the guidance of a lot of these companies, especially these consumer discretionary ones. the consumer defensive ones I Just see less people spending money so just wanted to share my thought on that.

Bitcoin rallies 10 to the highest level in over a month as Traders get bullish on ETF news. You kind of get the whole situation. You kind of get all sides of it. You understand what's going on with BlackRock You understand this SEC The Cftc has denied everyone before this.

you understand Blackrock's almost almost Immaculate ETF record before this missing one of 575 20 different companies, 28 different attempts everyone told no, but this one might be the one that changes it all and I also wouldn't mind if Gary Gensler just absolutely leaves because I really have no use for him whatsoever in terms of individual Equity stock news FTC which I know we're saying a lot of acronyms so we have this one. the Federal Trade Commission sues Amazon over deceptive Prime sign up and cancellation process The FTC on Wednesday sued Amazon alleging it trick customers into signing up for its Prime subscription program and intentionally complicated the cancellation process. The agency claims Amazon used so-called dark patterns to steer users to enroll in Prime without their consent. so if you are long short doing something with Amazon an investor, you might just want to watch it.

see how bad this news does get or doesn't get FTC sues Amazon over making it difficult to cancel Prime agency says company enrolled Shoppers and Prime without consent Lawsuit claims Prime practices violate Consumer Protection Law So that's really what the FTC is mainly going to do like for Consumer Protection You can hear them a lot in that world so just once again I don't know if it'll become anything. Most likely this stuff is just like a fine and then they move on with their life but still interesting to pay attention to. Nonetheless, some exciting news. If you haven't heard it already.

Dumb money. The GameStop stock frenzy is now a movie. You heard me right, The whole Saga involving Gme the Black Swan event that really took Wall Street off guard is going to be made into a movie and the cast is absolutely amazing. so Paul Dano will play Keith Gill He's kind of the Reddit OG that got this whole thing going.

obviously we saw his testimony. On top of that, you're gonna have Seth Rogan playing gay Block in from Melvin capital and then from there you're gonna have Nick Offerman as Ken Griffin visit Oh no Frio how do you say that? Vincent don't know Frio I think it's Vincent donofrio as Steve Cohen And last but not least, you're going to have Sebastian Stan as Vlad Tenneb. So honestly, it is a star study cast. On top of that, um oh Pete what's his name from SNL Someone help me Pete Pete Dunfrio dunno Frio P P P P P p Pete what's his last name? the tall guy this guy Pete this guy Pete P P P P p p Davidson Pete Davidson uh he's gonna be in it like it's gonna I mean judging from the cast, it's gonna be like a larger budget film because like these are all big name people.

So I am thoroughly excited to see how it plays out. The fact that Seth Rogen is gay plucking and the fact that Nick Offerman is Ken Griffin absolutely hilarious. So check it out the movie Dumb Money it will be releasing. They're starting to film it and do all that stuff but that money.

First look, the GameStop stock frenzy is now a movie. Uh when do we actually have this coming out? Can we? uh when does it come out? This lady she's really well known wasn't she dating? Who is she dating? uh Shailene Woodley uh the quarterback Rogers she was dating Rogers for a bit I think uh then she was in Superstore I mean this is a big cast of people I'm sure this is some guy that's important that I just don't know that we have Seth Rogen probably when Melvin was blowing up Vlad he's probably pissed off Nick Offerman look at Nick Offerman as Ken Griffin Absolutely hilarious Gabe and Nick Um, who's he playing Steve Cohen Okay, uh, Vincent de Frio playing Steve Cohen I'm excited for it I Think it's gonna be a great movie All right. Uh, Last but not least, so you kind of get an idea of what happened today. All the major news now to set you up for the remainder of the week.

Tomorrow Powell will be speaking with the Senate. It starts at 10 A.M Yes, I will be streaming that whole thing. On top of that, we do have other Fed members speaking such as Mester and Barkin Bullard will be speaking on Friday. We also get the PMI numbers now.

Uh, the S P 500 seasonal bias for Thursday June 22nd. If you look at this day over the past 25 years, buy it open, sell it closed in the S P 500 futures Market The Bulls have won 44 of the time. The profit factor is 0.75 which means the bias is bearish. You can see the equity curve here.

it's just been trending down and down and down slowly. But surely the bias. the seasonal bias for tomorrow Thursday June 22nd does favor the Bears and I Also want to I guess show this to all of you. Join up, become a goonie Macquares.locals.com It's pinned to the top of chat.

it's in the description of the video. Not only do I post the seasonality for free, there is a free version. There's also a premium version. The premium version is only ten dollars a month or a hundred dollars for a year.

I Intentionally make it cheap. Eventually it's gonna. We're working on getting it connected to Discord and all the other things in the back end, but you obviously understand the point. So right here.

I Just want to let you know this is my current trade that I'm in. Speaking of which, is it dying? Oh, it is dying. It is dying. It is dying.

It is dying. It is dying. Um, so here we are: Tesla I Had 42 of these to start the day I have 30 left right now? Um, currently up 33 on that. Uh, 3.7 K Uh, obviously I would like Tesla to come down quite a bit more so these start to print, but I also have those for July 21st.

so I'm not the most most worried about those. I'm surprised that these IEP ones haven't been going the most of my favorite. where's the IEP at? Uh Bitcoin looking so good officially back above 30k? Yeah! I just need IEP to really die I needed to crack this like mid 26 level. but anyway I Suppose my question for all of you is should I risk it for the biscuit? Should I risk it the current these ones the Tesla 260 is June 23rd.

Once again, it's all on macross.locals.com pinned to the top. Chat in the description of the video. You can get the premium for free by just putting in the code goonie. but anywho, today these are up 292 I'm up 36 I was deeply underwater Can I roll? Do I want to roll this? even create a rolling order? um I don't know if I want to do it a little nervous 260s I don't know if I want the same amount so these wouldn't like to uh do I I don't know what I want to do I don't know what I want to do do I just hold do I roll I'm nervous I could cut half but it's just like what if there's like it is looking like shit but it's I just hate the time man I should have given myself more time.

it's it's either going to be a really big winner, a really big loss either Tesla goes up five bucks or it comes down five bucks like something it's gonna move I mean look at it's fine. everything's vomiting now. Anyway, yeah, check that out. I don't know I Had this page open and we talked about the Titanic tour leader loved risk and called Safety a pure waste.

Well and then the most insane story for Mr Brian Uh, truly truly ridiculous things from Brian I mean I I Just don't get it. Bring the gold. Absolutely. My stepdad Hamash Harding is on the sub.

Thoughts and prayers just Ridiculous. So Hamash Harding is the stepdad. Then he gives a plink 182. Blink 182 gets us through life's tough times.

Thanks for the love and support fam! Please keep my family in your prayers. Yes please! To the question: Can I sit on you so ridiculous. So absolutely ridiculous. Anyway, things are feel embarrassed.

they're look embarrassed in the equity Market crypto Market Looking pretty bullish. Uh I think I'm gonna hold it I think I think I'm gonna hold it I think that's my decision. Is the vix still going lower? It shouldn't be. It should be popping a little bit.

Now is anyone else having troubles with training? View: I Mean this stuff is just not loading here I'm closing out of as many of these Pages as I can I don't know what's happening here. Well now the page won't load at all. So there we go. Maybe no, it is going lower the vix wool.

That makes absolutely no sense. The vix hits a fresh low. What? What? your Tabs are stressful? Tell me about it brother. Um, sign up at Cores.locals.com Sign up.

Sign up. Sign up. Sign up. Sign up.

Sign up. To be fair, he's right. Blink 182 saves lives. Hey I'm I'm a fan of Blink 182 as well I'm not I'm not bagging on Blink 182 at all I Just don't think I'd be going to a concert necessarily if my family was like in a literal death trap.

Hey, but I guess that's why we're all different I guess that's why we're all different. um Wild evil Fandango you still have your spy plus oh yeah, yeah, but those are a little bit. those are for next week but those are not looking good. Um definitely.

Um dude. I don't know how much time I have a minute. Do I Do this. Do I not.

Do it. Do I Do it. Do I not. Do it.

I still have spy puts that's in the Interactive Broker account. Uh, those are like spy 425s I'm not feeling good about those. so I'm spending a little bit more time. um spending a little bit more time on this Tesla position because I think if I played the Tesla position right I'll make all my money back sell 50 I mean already sold 33rd I'm not like a complete crazy person I had 42 I have 30 right now I could cut it down to 20.

I could cut it down to 20. I'm up 47 percent. it just looks so weak. like what I keep coming back to is the daily chart of this is the first time we've closed in like how many ever days.

This is the first time since um I guess Wednesday May 24th that we close below the previous days closed. but even in this setup down here it was a still a bullish looking I mean it was still very very bullish like green green Green it pops up, get smacked and we were still above like in this bar. This is the first day this is referred to as a bullish engulfing Channel or a candle. excuse me? Well now I can't close anyway because the market closed.

This is the first time that like we've we went above yesterday's high and then we sold off so hard that we're actually below yesterday's low and we closed there too. It seems like we're losing a little bit of like that momentum. So like I don't and like I already de-risked a bit I mean I sold 33 of the position um I couldn't roll because the Tesla position was so bad that my account opened under 24. So I got an equity call and Weeble doesn't allow you if you guys have ever been in this position.

Weeble doesn't allow you to like be above 25 that day. they look at your account's closing value and opening value. So basically I get all my unlimited day trades back tomorrow. but not today.

So I it wasn't even gonna let me roll. Uh, outside daily candle? Yeah, but the fact that it's outside in red, it's called bearish engulfing and if it's outside and it's created, it's called bullish engulfing if you care about those specific names. But it doesn't matter apparently. I'm now risking it for the biscuit.

Uh, but I'm actually still really happy I was able to, um, de-risk quite a bit of it. de-risk quite a bit of it. So Theta is only 1.57 per contract. What could go wrong? Yeah, uh well.

it could be arguably even worse if we Gap up. so that's fun. but even that dollar 57 obviously I've been here with you so I didn't check it out. but I'm up by more than that.

like it doesn't really feel like I'm necessarily I'm not in the money though I am in the money though I don't know. This is how I create a cliffhanger for all you folks. You're gonna have to come back tomorrow morning and see how it all plays out. but I definitely need to be getting out of the position Tomorrow there's no way I'm swinging that to Friday because I should also be able to uh, day trade as much as I want.

so I could do all the uh Tesla you sold it. No sir, no sir, no sir, no sir. um I early this morning I gave me like I got out of a third of the position but I'm swinging the other 66 right now. It's a little degenerate, but hey, you swing for the fences.

You swing for the fences. All right folks, that's what I have for you. I Hope you had a good day I hope you had a money making day and if not, there is always tomorrow. Tomorrow we will be streaming at 9am and it's going to be a longer stream because the chairman of the FED Powell will be speaking with the Senate So I'll be streaming that whole thing.

Obviously we gotta update everyone on the Tesla position IEP and spy position. We'll do that early in the morning. Content will be coming out tonight. so whether you're watching on rumble or YouTube make sure you like and Sub on both.

But most importantly for both of those platforms, make sure you have your notifications on. If you want to become a goonie, you can join the community for 100 free Macquares.locals.com There's a free version. There's also a premium version if you want to try out the premium version for free, just put in the code Cooney and it will work. But overall most importantly I Want to say thank you you guys my audience.

You are the people that make this so amazingly awesome. You're always here messing around with me, making the day just a little bit more comedic, a little bit more funny. So I wanted to say thank you thank you thank you I Appreciate all the Good Vibes I'll catch you tomorrow morning early for the next stream, but if you want some of the content we will be posting tonight as well. so that's what I have for you.

I'll catch you later. Peace out Thank you Foreign.