This ain't financial advice just a little dd to help you think twice we hold for each other eyes on the prize. The new floor is 200 000 and i eat crayons. Every day with my friends, i think about kenny in his ivory tower shaking in his lily bones, as the apes of the power must suck stop breaking the low is money at the streets like a quarterback. If you don't mean a thing: water up, a duck's black ain't, just not leave or not until we get the money stacks blue monkey magic coming through us monkeys on the moon, double digit, iq and bamboo right here we, my brothers, the fathers and the lovers.

We don't need another fan because we huddled through hard times give us the money. Oh, what's going on moon gang, mama, mama, moon, gang, hello, hello, hello, happy wednesday, october 13th, wherever you are, i hope you're having a great morning afternoon evening, night, whatever it is. If you believe in that linear concept of time, it doesn't really matter because i hope you're having an absolutely great one and boy, oh boy. Hopefully we get some crazy action in the market today.

There are some important things i want to go over, but i guess before i jump into market stuff, i'm reading that william shatner, the actor the 90 year old actor is set to become the oldest person to travel to space when he blasts off in a blue Origin rocket this morning, wow wow, wow wow, that's in that's crazy, great for william shatner, obviously we're here, hoping that everything goes perfectly fine. Uh looks like my camera's having a bit of an issue hey. If anyone has a sony, a7 s3 out there and they've ever had this digital zoom issue, where just randomly jumps in and out uh. Let me know how to fix it.

I've been on the phone with sony and, if i'm being completely frank, there are complete jerks about it and in no way offer any utility on how to fix it. The amount of sony forums i've been on lately to try to get this fixed is absurd. So if you happen to be a sony, a7s3 expert - and you know about this - digital zoom do not hesitate to reach out to me. I would be internally grateful, but hopefully best of luck to blue origin.

Best of luck to that team. Best of luck to william shatner, 90 years old and going to space. That is absolutely crazy. All right! Now, let's talk about some market stuff.

Let's talk about some of them. Monies monies monies monies wall street looks to avoid a four-session losing streak, so this week is kind of important. Remember i've been talking about how there's a bunch of big banks reporting. Well jp morgan actually did report and they beat on their expectations, so that was solid.

Uh they beat on their revenue uh, they did talk a bit about inflation, but also remember like i would argue honestly. The more important news right recently is jamie dimon, the jp morgan, ceo, just saying he's the guy that said, bitcoin is essentially like smoking cigarettes and he doesn't believe in it at all. So that was a bit weird delta also reported theirs and delta's down a little bit right now in pre-market. But it was weird because they beat on their earnings expectations as well, and it's actually the first quarter that they've been profitable without federal aid since the whole covid like pandemic era supply chain woes, rising costs may make for rocky earnings, uh yeah.

Definitely some supply chain issues and, on top of that everything's, more expensive, uh common household goods, uh gasoline is going up labor's going up we're we're definitely seeing inflation. The question is: is it transitory or not? The federal reserve is argued that it's going to be transitory. It's just here for a little bit. A lot of other people are saying: well that doesn't really make sense, because you put trillions and trillions of dollars into the economy from 2020 to 2021.

So a lot of people, that's raising their eyebrows, not really buying this concept. That inflation is transitory uh. I think that the federal reserve is just trying to say really what i don't know. I guess keeps their job or keeps people calm, but i do think that if you look under the hood of our economy, currently it's not as tip-top shape as the s p 500.

The dow the q's iwm would actually truly suggest. So for me uh, i i am a fan of hedging in digital gold, aka bitcoin. I know jamie dimon and jp morgan thinks it's what smoking cigarettes or whatever his stupid analogy, was uh, but i don't - and i think it's a good way to protect myself in case the us dollar actually gets hit. Furthermore, talking about inflation, we know that yields are continuing to go up and uh.

Someone actually had some interesting stats. That say, like hang on this, this commonly held concept that i field go up. That's bad for the market, there's actually some stats. That say it's that correlation isn't the strongest one, but it does appear to be that there is a stronger correlation specifically with high growth stocks.

So i don't know if i would necessarily say that yields and the s p 500 move inversely from the little bit of data i dove into. I would say that yields move inversely to high growth stocks, so you could specifically track the cues. Don't forget. Speaking of inflation, the federal reserve, unlimited quantitative, easing all that pal.

What are we doing within our interest rates? What are we doing with the tapering? The federal reserve will release its minutes at 2 pm eastern today. So do not be surprised if, in the second half of the day whether things are volatile or not this morning, there might be a volatility increase later on today. Just so everyone knows this is new to me. I didn't know that there were basically port issues and cargo backloads, so they're looking for the ports in la to be open, 24, 7.

fedex, walmart and ups are all looking to help. I guess get some of these port things kind of going uh. So if you're out in california, specifically long beach, it looks like there's going to be some more craziness going on there and finally us to reopen land borders in november for fully vaccinated people. Uh the u.s said wednesday.

It will reopen its land borders to non-essential travel. Next month, ending a 19-month freeze due to covet as the nation moves to require all international visitors to be vaccinated. On top of that, there's also been more development from the white house. There has been uh, basically, the president, flagged to many different state governors to prepare for kids in that age group from 5 11 to prepare for them to get ready for their type of vaccines.

I, to my understanding, it's a little bit. I guess different the process that you have to go through for that, but that's just another thing going on on the covid front, i truly believe in the overall market right now. The still the biggest thing is this debt ceiling and last night house approves debt limit, increase that will last through part of december we're talking december 3rd. They basically raise the ceiling by 480 billion dollars and i didn't know, that's like the us.

Is it's an expensive business to run, apparently because what we're in mid-october just to get us to the start of december, so we're talking seven weeks. The bill is 480 billion, crazy, crazy, crazy uh. So the senate has already passed it. They did that last week the house just passed it yesterday, they're sending it to biden he's before this before the house of representatives even said that they were buying said if it hits my desk, i'm going to sign it.

So it's not con. It's not technically signed. Sealed delivered, but it's pretty much. The house of reps on tuesday approved a bill to raise the u.s debt limit, the final legislative hurdle to averting a first ever national default.

The bill now travels to president joe biden's zest for his signature and enactment. It will allow the treasury department to pay its nation bills until early december once again. That date is december 3rd. The legislation is a result of a deal between congressional democrats and republican leader mitch mcconnell and would lift the debt ceiling by 480 billion with a b dollars talking about government.

If you didn't check out my video yesterday, i thought it was a fun one. I had a really really fun time making this insider trading one just because it seems like recently we're seeing so many more headlines about federal reserve chairmen. Uh political leaders, congressional leaders, people that have insights, make it really really good trades. And then that comes into the question of like okay.

Well, is it insider training? Yes? Is the argument is okay? Are they actually going to act on it because remember the sec, the body that's supposed to regulate insider trading? Well, their bill is paid by congress. So it's it's a weird, a weird paradigm: where are we gon na? Are they gon na like bite the hand that feeds them, especially when some of the people at the top levels of sec? They have political aspirations themselves, like it's very common to be the sec chairman and one day want to be like the treasury secretary so from there like you're, not going to come in and try to like, like unless maybe you're aligning yourself with some political party and You're crushing the other party and one way you could do it like. Maybe i could see it that way, but regardless insider trading, it's a it's a messy thing. So in my video yesterday i just talked about five of the most notorious cases, not necessarily the most egregious like biggest dollar sign ones, just ones that were most discussed and really like really hit the news wire.

So that was a fun video to make. But shout out to unusual whales, they've been going hard on politicians this morning, super super hard on politicians this morning, um and it's kind of cool. So on unusual whales you can get the data of some of the most recent uh like if you click on this little little structure up here this little congressional house and then just come over to full data, or you could look at individual people like if we Want to see what does this load mitch mcconnell or i don't know who's the name that i recognize regardless. You can see here that you're able, just to click, see what their they are in, what they're not in the date that they reported it, the date that it actually happened and the the tranche of the amount that it was in but unusual wales.

This morning, all these tweets just firing off and off and off uh. What else do we have here? There was just so many of them uh cindy filed 160 transaction. Two days ago. Only eight of the transactions were on time with the stock act.

In total, it was 1.2 million worth of trades she's on the finance committee responsible for following the rules that one i find particularly interesting to be on the finance committee and then only eight of a hundred and sixty. That is ridiculous. One twenty five percent five percent were properly followed of 1.2 million dollars worth of trades. It's just so it's just so egregious it's so so comically egregious.

Actually, let me see if i can bring up this particular individual uh cindy. This looks like it's just this senate. She might have been a rep yeah, okay, so she is a representative she's not say wait. Is this.

It oh right here got him cindy uh. So it is interesting to see these trades some of the most recent ones transaction september. I guess a lot of these weren't uh purchasing some corporate securities mkl mkl mkl, very bullish on mkl chd, going along on some amazon. It is very interesting to see this the stocks they pick, especially when, like it's seemingly a little bit later, they always end up doing well, and obviously, if you're watching this, you know my thoughts on pelosi and her actions with it.

Uh always right after couple weeks. Couple months huge deal coming through the government and a lot of the companies that she ends up going with uh pat fallon, who sits on the subcommittee responsible for dod software contracts sells up to 250 000 in microsoft right before the jedi contract cancellation in june. That's crazy. That is so absurdly crazy.

You should not be able to do that. I mean it's just tough because, like who's playing cops with these people, they're they're just not really being regulated. Yes, of course, we have the stock act, but it's insane on a different note. Let's look at ken griffin, who gave 5 million to friends of ron desantis to get ron desantis re-elected.

It is the largest donation he made 109 million total in to politics. Apparently ken griffin is planning palm beach front possibilities. Oh man, you got ta love it. You just got ta love where this world has possibly gotten to okay.

So that's a little bit there. Let me quickly touch on crypto for you uh, just because we were talking about jp morgan and all that, so we had this very nice push to pretty much 58 000 in btc, and it's just settling down. We pushed it settled it pushed again looks like we are settling once again around 55.. What i'm looking for on this, if you're, looking, maybe to get your feet wet in the world of crypto, just i'm watching the macd on the 30 minute the two hour, the four hours, something like that, i'm just looking for the buyers to step back in on The macd uh look for this, the signal crossover and hopefully we get that push and bitcoin.

I really wanted to recapture 60 000. same thing with ethereum. It pushed it settled. It looks like we have a nice base in the the lower 3000 3200 3300.

Something like that, but same argument: uh cardano, looking a little bit more weak. In fact, a lot of other of the the i guess high up there, but still all coins looking a bit more weak, so here's cardano selling off but still holding out above uh two dollars. We have doge, potentially basing right here at 22 cents, hex actually broke below 40 cents. Uh solana also looking a bit weak and then manic a bit weak.

But all this uh, i'm not bringing this up in any way to like spark fear like when i say weakness in crypto. I like it that i i very much do because i'm like oh, this is just the opportunity to buy more, i'm never ever going to be a fan of buying something when it's actually ripping. So these things the coins, the tokens that i do like i'm just looking for them to hit support, look for them to start back around. So i can build up my portfolio a little bit better, but i do have to admit remember.

I have a very small sheet position that was gifted to me by voyager from doing one of their questionnaires. Shebe is looking strong in the short term. What i would say on shebe is watch this. The trend line that i have marked right here.

She definitely showing some strength. Let me maybe draw this a little bit more. Let's just be a little bit more drastic with the wicks uh, look for it to recapture 30 and then this trend line, and then this thing might be on the move. But overall sheep very very nicely.

Just like these patterns of really we have higher lows and right now we're trying to make new relative highs. Obviously the the sheep army still showing up showing some strength uh. So if you are betting on that one, i do. I wish you the best of luck.

Uh, obviously, when it was way cheaper. Clearly i wish i had more. I don't i have a relatively small amount, but it is still fun. I like to see how bonkers some of these communities go uh.

So if you're in that, i do wish you the best of luck, uh - and this is what i would particularly be watching 30, this top trend line and from there look for a break and a rip up to 36.. Let's talk about the overall market since we're talking about covet inflation, fomc all that stuff uh right here, it looks like we are bouncing off this support so for the spy look for 433 to hold and specifically look for it to get above yesterday's high, which was 436., if it does, i think it's a very nice. Okay, we have the gap fill it's a nice valley play back up to 442. Basically just a nice new relative, low uh higher relative low compared to october 4th from there the risk would be 433.

Then, looking for the gap fill up to 442 so once again, look for 433 to hold look first to break, and ideally close above 436. With this, it really might not be too much of a technical influence. If i had to guess it's going to relate to the debt ceiling successfully, kicking that can down the road and also depending on what's in the federal reserve meeting minutes, uh they're, basically anything that they have to say about their asset tapering as in how quickly and How drastically are they going to stop their bond purchases and then, on top of that, what's really going to be going on with interest rates? Just so you know the. I guess the line in the sand for interest rates right now, everyone's general expectations is that they're not going to touch it until the end of 2022 uh.

So if they kick that can down the road or if they speed it up, obviously one's good one's bad. So that's what i'm watching on the spy in more of the tech heavy sector uh. We are looking for 357 to hold looking for a break above 360 and ideally a break above 362, which would get us above this trend line which we, the bears have been in control of ever since september, 7th downtrend, downtown downtrend on a successful breakout and hold Uh would be more than happy to go along on these high-growth tech sector stocks in terms of the russell 2000, this one's actually holding up a little bit better. The spy and the qs have a bit more of a downtrend, while, on the other hand, the russell 2000 is a bit flat and i honestly think it's part of the reasons, because amc itself is not getting hit that hard, but anyway, flat flat flat.

We have this nice support beat around 220. Looking for that to hold would love this breakout of 223 and some change. So that's your quick breakdown on the spies accuse iwm three of the major indices that are worthwhile to pay attention to. Of course, i want to hop into amc and jamie, but before we do that, just because there is some new news on these fronts uh i want to talk about n-e-n-p-r-o-g, just because i'm getting a lot of dm's a lot of questions about everything related to these Two a and why, like i said, and i still feel confident about it very happy that i got it above 760.

Unfortunately, the next day i couldn't hold, but that's exactly where we are this morning. So, from a technical perspective, i, like the macd crossover i like that, it's above 760.. Yes, the risk is a bit wide at 570.. So for me, the way i would interpret it is, i would just take a smaller bet.

Remember. I have no any position at this as i'm saying this live, but there are some a and y developments right here, sphere 3d - a - and why remember this is a crypto mining company are trading higher after the company announced to entered into agreement with griffin, digital mining? For approximately 230 mw of carbon, neutral, bitcoin mining, hosting capacity to be managed by core scientific as a hosting partner, so basically they're just opening it up uh with an estimated capacity of 71 000 miners. It's just more and more miners they're in the world of bitcoin mining and they're, saying hey. We have more money, we're going to mine mine mine, so that's the big news related to a and y uh.

I probably should have done prog first a-n-y hang on. Let me just bring up a and y uh just so you know the information on it. So remember with a and y the reported short interest is a bit wonky so right now the shares on loan is 2.4 million. I don't buy it that only 2.9 million was actually short uh with that like to me, that's just too small of a percentage actually short and relative to the ones that are on loan so, like i think it's reasonable to 2 2.5 3x.

This number so just remember, looking at the short interest on ortex to me, 2.91 doesn't really make the most sense with 12.41, especially when the cost borrows 42. I feel like if they are out on loan, there's a good chance that they're going to be short at least higher than what i mean a fourth, a fourth of this number i mean a 75 drop off to me personally seems a bit extreme. The utilization is 96 and the shares on loan, like i said, um, 12.4 million. As of now so i make.

I would estimate that the short interest is closer to 20 on a andy in terms of prog. I know there's a lot of prog fanatics right now. Very very happy with a smile on their face this morning and it's very legitimately for good reason. They were approved for multiple patents.

Multiple patents issued patents related to its ingestible technologies for delivery of therapeutics via the gi tract um, multiple patents they were just awarded. That's obviously good news um a lot of these things when you get approved hey, it makes sense that people are reacting positively to it. So the the prog positive price action today. I think it's for good reason: hey they got multiple patents um in terms of the chart.

I love that it closed right above 220 that was the high from october 1st, i'm looking for that, follow through look where it got rejected. Yesterday, this exact high from july 26th, we were off by a cent ascent uh. We called out 2.71 cents, it hit 270.. So today, that's i'm looking for 220 to hold 250.

Of course, that's a key psychological level. You got to pay attention to that, but look for the breakout above 271 from there you're pretty much talking about three dollars. It looks like between 290 2.90 and 3.20. There could be a bit of a hiccup, but after that, i'm very much going to be paying attention to essentially four dollars just below four dollars.

So this one i mean it had nice volume. Yesterday, it traded 346 million when it's 10-day average was 142, so it more than doubled up its average 10-day volume. Just yesterday, which is also then a little suspicious to me, i'm like okay did did some big players know that the patent was gon na get approved. So that that's a little bit interesting, that a lot of people seem to be loading up, but uh a ny prog.

I do not have a position on either of them, but if you're in them uh, congratulations and i wish you the best of luck. As always. Just pay attention to your risk and reward: don't don't just blindly go in and be like hey! This is going to make me a ton of money and not pay any attention to your risk at all that that's just a recipe for disaster in terms of the ortex numbers for prog. The short interest is currently estimated to be 51.

The shares on loan is 27.7 million, and the utilization is 99.9 uh. The cost to borrow is 209. That is just absolutely crazy. Uh they, the people who are currently shorting prog.

They are paying a hefty hefty fee to do it day over day over day um. So that's your any your prod! So now, let's talk about a little bit more of the the vips right here, amc and gme. So amc. The short interest is 17.7 percent uh.

I see a lot of people basically being uh like pissy and whiny about vortex and accusing them of being uh like paid off shills um, you you're just wrong. Like i don't know like i'm, i myself, these people who are living in their echo chamber of just like uh, continually only liking things that are conforming to their confirmation bias and then, if it doesn't confirm to the conform to their confirmation bias, they just like freak Out, like a petulant child and they're, just like it's a shell you're, a shell you're, a hedge fund, chill ken griffin paid you off. That is so nonsensical. The way i know it's nonsensical is you have to understand what is going on in the data they didn't.

Just arbitrarily change it this they are giving the data that is reported to them, and a lot of people are under the assumption that, like hedge funds report, their own short interest to finra that i don't know who's pushing this concept of self-reported. It's self-reported from finra members, as in like brokers like prime brokers, uh there there's no scenario in which, like a particular hedge fund, is just like, oh yeah, we're short this. We know that they don't have to report their shorts. So this self-reported thing.

I think people are getting very, very confused on what that does, or doesn't mean, and with it it's as simple as this we only get true information. One of the most difficult parts about being a retail trader is getting high quality data and the data we get for shorts. It's reported every two weeks, you're not getting it every day and in between those ortex is doing its best. To estimate this, the blue lines on the screen right now are the two week reports and the purple line, as you can see.

Sometimes they overestimate it. Sometimes they underestimate it overestimate it underestimate it they're doing their best to be as close to this number as they possibly can in that time period that we're not getting the report from some governing body such as finra, obviously sometimes right here. Look at this on august 31st, the ortex was estimating 86 when in reality it was 96, so they were under by 10 million and the very next day. Obviously you could see the short interest jump.

Let me show you that it is in yellow right here. The very next day look at this jump. We go from 17 up to 19. What i don't get about some of these apes, who are unwilling to learn what data truly does or doesn't mean.

No one complains that way they they treat ortex as a god. It goes up there and they're like great or texas, is on her side. But then, when the opposite happens, they're like nope vortex is like it's a paid off shill and with it that it's very bad for these people who are stuck in their echo chamber, and i tweeted this out and i'm gon na stick to it. I don't care like.

I know it's gon na like rub some people the wrong way and they're gon na get pissy, because that's where their mindset's at, if you're in the la la land of your own echo chamber, that's as damaging to this community as fudd is uh ortex without it To me, these people who are speaking out against them, like we shouldn't, use it, i'm canceling my subscription. Those are the exact same people that started trading within the past couple months and now, all of a sudden magically out of thin air. They just have a gut feeling, they're like oh, no, no, no, i know it. I know what the short interest is at like i, i know it's uh x times larger, it's like what are you talking about vortex from the the inception of our community, using it has always been considered to be a conservative floor value.

No one out there. No one out there is arguing that ortex is like the perfect most accurate data source. It's a conservative floor value, it's the most accurate that we know of. I would strongly argue that we there's not one that is publicly available, that we can use.

That is more accurate. That's all you have to think of it. Conservative floor value, that's what we're dealing with! No one is saying that this is it and it's not above that we know it. We know that vortex gets 85 percent of transactional volume.

It's missing 15 of the legal legitimate picture and then, of course, we know that there's crazy things going on in the background with deep in the money out of the money, calls and puts things not being reported, offshoring ftds, we know there's crazy stuff going on in The background and obviously that's not reported, so how could it possibly be here, people they're just not using their brain, to think about what this actually means or text what you need to know about it, conservative floor value and i have not found a singular data provider That is more accurate than ortex is for the data that's actually given to them. They are a middleman who does analytics on data and then presents it to us like it's so crazy. Some of the commentary i'm seeing about it - and i just think people are acting like petulant children and really my message to all those people who are freaking up and having an existential crisis because they don't understand what data is grow up just grow up like this Is a very serious battle like we are fighting one of the most politically connected, intelligent, well-funded organizations out there and then yet people are just like running their mouth, on ortex, on twitter, on reddit, on social media and just stuff that they don't understand. Like it's a waste of time, there are so many insane things going on in wall street, where our energy should be focused and shining a light on it, and instead people are like arguing about something that they just don't even get to me.

It's a waste of time with gme uh. The short interest is 11.8 percent. The shares on loan is 8.45 million, and the utilization is 37 in terms of the charts. Amc has been very flat lately.

Basically, ever since october 4th, we have been flat around 37ish dollars between 36 and 38, flat flat flat. We are looking at the support around the mid 35s and we're looking for a technical breakout. We're just range bound right now, that's the that's! The term just range bound, this is this, is natural in the market you have periods of expansion and consolidation. We had expansion upward, we had expansion downward now we're consolidating.

This is the definition of consolidation. You could pretty much argue from all of october. Amc's just been consolidating, that's not bullish, that's not bearish! This is just a natural phase of the market. We are watching for the range breakout, obviously, fingers crossed break out to the upside.

I would pay attention to the key psychological level at 40 and from there looking for the technical breakout, just below 42 would love to see this gap fill sooner rather than later, at 44, 20, but once again, amc just not moving right now we're flat. It's consolidating uh, not bullish, not bearish. I am looking for this macd crossover and hopefully the breakout of 41.85 in terms of gme. It had more expansion and it's coming back a little bit stronger.

This does seem to be correlated with the uptick in discussion on wall street bet's subreddit. So i do find that interesting. I'm looking for the macd crossover and i would love to see this break above 190. uh.

We are seeing some nice movement this morning. I mean it's: it's gapping up a little bit in pre-market, oh ding, ding ding, hang on. Let me switch over. Let me switch over all right all right.

All right. Let's go! Let's go! Let's go ding any ding ding ding ding ding ding ding, ding, ding, ding ding. The casino is open. Let's get ripping today.

Folks, amc is at 3664. uh. We have a ny over here, love it above 760. p-r-o-g watch it above.

I mean 250 on prog uh. This thing could get moving uh and look for that 270 breakout all right, all right, all right! Oh crap! I only have video can't play sound. My students are taking an exam, i'll, have to check out the recording later or rob you could play to the entire class. That's always a solid option.

What is this talk about? Nft with gamestop ben and since feb have a hundred ten shares. Ten thousand shares of amc love. Your show can nft triggered the moas um, so the nft discussion with gamestop has been one. That's been going on for a bit.

I don't know if there's new developments with it, the most recent nft development - all i saw was that uh coinbase is trying to get into the game of nfts. I haven't heard anything particularly new on gamestop's nft, um sgra. Let me write this down s-g-r-a. What's your opinion on kplt all right, let me look that up.

Bbig go hi today, friday, shareholders, meeting bbig, all right, matt plug, is taking off crazy hype for the conference tomorrow. Eight noises p-l-u-g getting some ev in there shout out to devin mcelroy for becoming an astronaut. I appreciate that morning, matt happy to know how many shares are in computer share like they won't disclose that information. So when it gets to a certain point, uh to my understanding, the company has to report it, so someone like gamestop would have to be like.

Oh okay, like we're gon na report, those numbers um, i don't think it's freely available until like kind of the companies say so is my understanding, but talking about computer share. I need to make this very when you do this direct registration. It is good for various reasons it your shares are not lent out. You have direct ownership, it does seem to cut down on ftds.

Those are some great pros, but understand it's not exclusively pros. There are some cons. The biggest disadvantage of using the drs is that you can't sell your stock right away. You have to submit instructions to your transfer agent, who then pools your sell orders with those of other sellers then execute the trade on a pre-set schedule.

This would prevent you from selling shares in the midst of panic if the world fell apart or if you needed money right away at best, you'd have to allow for many business days before you could access your cash. That's the exact warning i've been giving about drs um, there are pros and there are cons. It's not exclusively pros. Uh, like i said it helps cut down on ftds.

Your shares are not lent out and you have direct ownership. You don't have some fancy iou with the brokerage in the middle. I like all of those things, but for apes who consider the mobility in their trade to be very, very important when you go through drs computer share. That's that's one of the cons that i just want people to be aware of.

I'm not telling you to do it, i'm not telling you to not. Do it i'm just trying to express what like what you're actually getting into uh secretly sad with only one stream. Although support you've been stuck with midday, wannabe, straggler youtubers, now man, all right, tommy's touch it sorry like for me, i'm having fun trying to create these better videos like. I am i'm very happy with how some of these recent videos have turned out the insider trading.

Uh, the pandora paper, the sheep video all of those they're more highly produced - i guess they're more highly produced videos and for me it's a fun creative challenge and i feel like i i'm with that, the time that i'm spending into it uh. It feels like i'm learning a lot more and the the kickback to you is that then i could teach you guys more and also um. It takes quite a bit to get all those interviews figured out and um they're. I don't know they're they're fun and i love talking with these people who have expertise, knowledge and i'm i don't know when it will be posted but uh.

It does look uh that i'll be given the opportunity to interview mark kahodis pretty soon. I know that he has been a person who has his name uh, i'm getting a lot of dms that i should interview him. A lot of dms uh to my understanding, he's been showing up in some of the uh twitter space calls recently and a lot of people just want more of a like a full-fledged interview. So people have dm me and they're like hey hey, can you please just interview him? We want to know what the guy is all about, so i reached out to him.

He agreed to it we're just in the middle of getting our schedules figured out and then after it's interviewed. Obviously i need to edit it and post it, but i really like that, because uh there's something i think special about being able to leverage a platform that has been given to me by you, this community to do exactly what you want. So when i get a lot of dm saying, please interview mark cohodas, i'm like oh, okay, that's what the community wants! That's what the community is going to get um so but those interviews they just take time and like when you stream nine to four. Like a lot of people aren't answering their like emails and stuff after work, so it just becomes tough but uh.

That's one guy and like actually i mean i. I can't really talk about too many just because there haven't been like uh like fully confirmed yet, but uh there's some interesting names who are like i'm trying to get onto the show morning. Matt the rest of the week is going to be huge for prog. I think the moon gang will benefit from you looking into the news on the patents about to overtake humerus market a 20 billion a year market, therapeutics yeah.

So i'm seeing a lot of things and a lot of excitement about prog. I do plan on looking into it more and posting, probably a channel like an update about what it is or kind of like an intro video for people who don't know the story of prog uh on the coors light channel, prog, multiple patents in a 20 billion, A year market, according to reddit ddd from a farm assist, let's break hold 250. Then retest 750 set 270 shout out wall street viking good morning. Bro hope you got over that cold.

Thanks for all the info. I trade for you bro lol. I appreciate that um yeah, so right now, obviously, as you can tell i'm still a little bit under the weather, the amount of electrolytes zinc, vitamin d, vitamin c vitamin a through z, currently coursing through my body, it's probably medically, concerning the amount of sudafid daequil uh. I'm i'm drinking some green tea uh, i'm doing i'm giving my body all the little chemical warriors that i need to get over this, but i'm hoping by next week or really i'd.

I would love for it tomorrow, the sooner the better, in my opinion, um, but we're getting there slowly slowly but surely um. I only all right all right. I think i'm up to date on that. What's going on discord, let's go.

Let's go shout out. Uh trail tales cootery in one minute late, but i imagine he was screaming for a while anyway for those who want to listen to socks all day recently started live cast from bella de belle and it's for whatever reason it's the only mana in the channel there. Oh you're, the only mod it's called the ape cast or we're feeling drugs. We can watch astro uh yesterday was the lowest volume we had all year in amc.

Any idea, what's going on to me a lot of people, try to point like low volume and somehow being bare like volume, is not in any way indicative of being bullish or bearish. It's just indicative of typically it's highly correlated with volatility and also just market acceptance of whatever the current price is um. Low volume is just not being traded um, for whatever reason the the dollar volume currently involved in amc right now is taking a breather and what i'm, assuming. If i had to throw out my own hypothesis, people are just waiting for the range breakout, um they're, just waiting for the range to break to the upside to the downside, they're just waiting for movement to make that trade.

So right now we all just need patience. Uh remember, as tmi would say: calm cool collected it's patience, patience, patience. A lot of us have been in this play now for 10 months, so waiting a bit more, like i'm very hesitant, to put any time frame on what's currently going on uh whatsoever, like we just have to wait, you have to see what the market gives us. Just got ta wait, wait, wait! Uh! Yesterday, all right! We had that uh a andy getting smacked at 770 right now, at 7 34..

Look for this to recapture 760. p-r-o-g is at 234 234. All right we're moving we're moving we're moving a andy 740. Let's get going, let's get going all right.

I want to see some green. How is let me just double check the the market right now, spy 7 or 435. All right, i like that. That's showing some strength, the q's just got above 360..

It would be interesting if it could gain that next two dollars and go to 362 and iwm also showing some strength so right now the market was a little bit questionable this morning, but right now we're seeing some buyers pour in across the board across the board. Uh, a shitty looking duck told me atr, is on the is off the threshold list. As of yesterday what say you thanks man feel better uh nasdaq threshold list. We could check this out.

Uh ater, it does appear to be off the threshold list. Sdc is still on it. Uh ffie. I know some people have asked me about that.

Btbt. I believe that's another minor still on it, but it does look as ater is off the list which um in terms of an ftd short squeeze play, makes it a bit weaker then, because that was like kind of one of the enticing factors about it is. It seemed like something was going on in the background, but it does look like ater and let me just double check that it is actually on the nasdaq and not the new york stock exchange yeah. It is on the nasdaq, so it does look as if it was removed.

As of uh yesterday, doesn't inflation numbers come out this morning? Yeah, i believe they were already out uh. I saw some cpi reports, or maybe that was yeah cpi um 5.4. So, like things are expensive uh, so cpi numbers consumer price index uh it doesn't involve energy, so it doesn't involve things like gas or oil. Speaking of that uh, just for people who have been following the insanity related to oil prices, uh putin from russia just came out.

I believe yesterday and had commentary that he would not be surprised if oil exceeded a hundred dollars per barrel, but yeah cpi, coming in at 5.4 percent. That's pretty high uh the prices, general household goods and all that stuff uh it's getting pricey, it's definitely getting pricey uh all right the spy. I don't know what the spy is doing right here, spy getting hit a little bit. Did it just drop? No, that was 8 30 this morning.

A lot of these number related announcements of how the economy is or isn't doing, ends up coming out at 8, 30 em uh 8 30 a.m et just so. Everyone knows um spy getting hit right now the q's coming down a bit uh. We see the cues coming down iwm all right. These are taking a breather.

The question is: are they just gon na base and rip or what's going on, but this was a little bit drastic in the spy. In my opinion, a little bit drastic jimmy. Definitely waking up look for the break above 180 on gamestop and then from there we're watching 188 to 190. that little two dollar region definitely an important region, whoa whoa, whoa, amc and jimmy just both caught a bid.

I like that, all right, let's throw up prague over here prague, also catching a bid q's going down a bit iwm trying to hold on oop. Sorry, let me get jimmy back there interesting interesting, yes, amc, gme, looking good and iwm honestly! Also, looking good, i am going to do a little uh little day, trade on the futures market from the russell 2000, just a little just a little day, trade see how this goes. I would love to swing it um, i'm just keeping my risk very, very tight. My risk region right here is 220.

um. That's my risk and i'm hoping for 223 224. Something like that. If we somehow get a break, i'm more than happy to swing it, but it's just my risk is well defined.

I see the macd crossing over with this pop in amc, the biggest stock within the russell 2000. That makes me happy once again i'm not playing iwm directly. This is through the futures market, but i feel like it's well-defined risk. I see these things popping um in the back of my head, i'm thinking, okay, i know that the the president there's a high high likelihood that he signs the debt ceiling bill today to get that push down the road um.

Yes, i am fighting the headwinds of inflation and, of course, there's always going to be that little bit of risk with whatever the fed meeting minutes are, but that's the risk, that's the risk. Uh honestly, i could keep my risk even tighter. I could use stews the intraday low right there. 220 170..

I don't even have to use 220 if i don't want to uh, but i don't know just just a little something a little something, maybe maybe a way to pay off. My most recent, like vitamin d, zinc bill, prague messing around still, it seems like the the 240s, are definitely a key level for prog a lot of reaction. There, a lot of reaction there puts on jpm today jp morgan, um. I don't know about that.

They just beat their earnings, but i guess it's. This is going down. It is a technical breakdown. Uh, if you do it, my only question is like what? What level are you going to particularly risk? I don't know if it's an intraday level, if you're using a daily level of 168 171 but yeah.

It does look a bit bearish uh, but the risk reward is a little bit wonky. The risk seems high and like what, if it just catches itself right here at 160, so i don't know how the risk reward paradigm really shapes up, but it is looking weak and this depending on what they say about tapering and interest rates uh. There could be a strong relay reaction in bank stocks based on the fomc meeting minutes which come out at 2 pm eastern dats bought me 680. New amc shares shout out to dave, crushing it on dats so far, looking good so far, what's sofi doing so far is looking good up 1.5 percent, so i would have preferred people get into sofi at 17.

Just because that's a nice breakout, you could risk 1550. After an attempted capital, i don't know if it actually got there or on the breakout of 18, but like now, it's kind of chasey, if you're already in it. Congrats, though, because it looks like it wants to run up to 21. uh, that's the next level.

I would watch so um, it's weird to chase it like i'm. Never ever gon na be a fan of people chasing but uh, if you're in it already like really ever since mid-august so far has been doing pretty well, can you email, binzinga and let them know prague is on your watch list in case they missed it. Oh speaking of benzynga, if you want this they're currently running a deal uh, the code is spooky 35 for 35 off. If you decide to sign up uh, you could give it a test trial.

Whatever the link's in the description, you can get a free trial and after that put in that code spooky35. If this is, if you've been waiting because some of their offerings they have many different offerings, can be pricey uh. So, just just so you know if you are interested in it uh, so sofi is looking good. Oh man, what are what are we going on here? The russell 2000 is not reacting.

How i wanted it to uh amc getting a little bit smacked there, a little bit smacked come on. Where are those buyers? Where are those beautiful buyers we were seeing? Where was this excitement from 943 to 946.? Maybe we can make this nice base prog. We pretty much have a bullish, pennant, lower highs, higher lows: wait for that pendant to break uh looks like the spy just got smacked. The queues just got smacked.

The russell 2000 just got smacked, let's see if it's like we've seen over the previous. What month now, where we just see this very brutal and apparent v-shape recovery, all right? Where are these buyers? Where are these buyers? I've been told about, let's check on crypto very quickly, like i said, she's still holding up uh, holding up relatively strong compared to the rest of the crypto market, look for the breakout of 30 and if it happens soon around 31, but from there paying attention to 36., all right amc come on make this nice base at 36.50 would love to see the breakout of 37, and after that it seems like a level that, in the short term, people have been paying attention to is around 38.75 on gme are excusing me on amc And then, with relation to gme 180, followed by that region, 188 to 190., let's check on the vortex numbers. Amc they've already borrowed 900 000 against it. Today with a short interest of 17.7 percent um, the net is 737 000 gme.

A net return of 17.5 thousand shares with a short interest of 11.8 percent, all right, um, p-r-o-g uh, not holding as of now how's a-n-a-n-y doing ny is actually already fighting back a and why the announcement they have more minors, obviously bitcoin's, still strong. If you see bitcoin ripping especially above 60k, i would be very surprised if any isn't following its like same trajectory. Prog multiple new patents. Looking for to hold 230 would love the breakout of like the mid 240s, especially the breakout of 270..

It does seem uh, sometimes from like a social sentiment standpoint. I kind of judge things on how many times i'm just getting dm'd about it and like questions asked, and it does seem like right now, uh, there is quite a bit of interest in prog i mean i'm talking, uh tens, if not like, maybe even over 100 Dms in the past a day or two over about prog and then especially this morning, a lot of excitement about the patents like i got a lot of messages like dude check it out. So if you're, looking into the like the social sentiment aspect of these things, i would say that prog just anecdotally, obviously i don't have the exact numbers on it. Uh is definitely seeing some sort of relative uptick speaking of social sentiment.

What are the most discussed things on in the last day, apple tesla. So if i sdc coming in at number four, the competitor to invisalign bb, is there gme coming in one two, three, four seven uh so gme still on the list? Uh amc is actually usually wall street bets stomps out any discussion about amc. It's interesting that i'm seeing it there, but apple tesla so far, scc bb are your top five in terms of social sentiment. Uh is trading higher wednesday after the company announced it entered into an agreement of approximately 230 mw of carbon neutral bitcoin mining hosting capacity to be managed are right.

So that's a nice uh nice pair up with a andy cpi. We all know there's inflation coming in at 5.4 percent, which is definitely a hefty percentage other than that. No major other news today, let me check the flow for you on various things. What's the flow on amc bullish about 52, the options flow on gme also bullish.

53.4 percent uh prog the flow is very bullish, 56 percent and why the flow is the flow is crazy bullish on a and why 59.5 uh, let's check out the overall markets, spy bearish 46.6 uh? I would i'm interested to see if that's going to change throughout the day, iwm uh bearish, so the overall interesting, so the three major indices we track as of now and keep in mind we're only 23 minutes into the trading day. The the flow the option flow seems to be bearish against the overall market indices, but the stocks we've all been tracking. The individual equities are all bullish very interesting, very, very interesting. All right morning, everyone matt know anything about gsat um.

So i know g sat in the world of 5g and i believe they had some sort of partnership going specifically with att and i know 18t is dropping off recently. Let me check on gsat gsat's up. Oh 10. Was there some sort of announcement on gsat from a technical perspective? I would just want to see the breakout of 183 a nice day, look for that breakout and hey if it really gets going.

There's an argument for a gap fill up to 245 on gsat, but it's just in the world of 5g technology, which i mean i think is here to stay. I think it's going to be popular. Oh hey mark looks like it's a milestone day to me. I guess i should use it on more exposure of my favorite crypto phantom ftm usd.

I picked up wim in june of 500, shout out chief pew pew hello, matt bush on chpt bullish on roku. Definitely bullish on roku roku uh, like its overall run, has been pretty impressive. It's right now taking a breather, so i just kind of view that as okay, potentially nice dip buy opportunity, um would love to see roku get pushing above 330. Your risk isn't that bad at 300, especially when you know it could be pushing 500 chpt charge point charge point clearly in a bearish trend, but maybe we're breaking that trend right now from a very rudimentary basic technical analysis.

Just check out that trend line look at where we're at uh all right, how's my risk. Looking on the russell okay, i still have a dollar 220. um chpt. Where i'm just.

I would look for that breakout. I am a fan of the ev sector. I am a little bit more biased to the car manufacturers such as tesla, lucid, maybe even a little bit of neo uh these, and i think it's more so, not necessarily because they're better or worse. I just understand the business models a bit more than these, like upstream products um but chargepoint.

I know it has uh, it has a pretty solid, like fan base. People are tracking it and i think there could be enthusiasm on this. Trendline breakout p-l-u-g p-l-g whoa up 9.2. I guess is eevee just waking up today on p-l-u-g plug, i would recommend paying attention to 34-40.

That's at least what i would personally watch and then 36. uh just be careful. There is this gap, and we know gaps are commonly filled given in enough time, so pay attention to the gap below it make sure that this jump is really actually going to be held, i'm very, very hesitant when it comes to chasing and especially chasing a gap. Just because i know the odds of gap fills are pretty high, uh is tesla tesla running today, tesla holding up above 800.

tesla looks like it might be, making a serious move soon. It looks like it's coiling for something so uh ev alive and well. How's rq rq not doing as well actually flat and boring ever since march, so just not moving rq uh plug all right. Let me check out.

One was asked: was s g r, a uh, not a stock? I was asked about. Kplt kplt did not do its bottom gap fill and it's actually bending back around when it gets above that 525. I then watch six. You have various levels like look at these wicks as resistance, but if it shows enough strength, yes, this gap fill up to 930.

Then once again comes back into play, but first 525, then six, then seven, then 775.. So you have a list of levels you need to take out, but if it takes those out yes uh kplt, it's an interesting two-way gap.