Is this ain't financial advice eat crayons every day with my friends, i think about kenny in his ivory tower shaking in his lilly bones, as the eggs of a power must suck to lose two monkeys so dumb, but you made your bed and you got nowhere to Run i'd love to be a fly on the wall when it makes the price fall and he's watching as we keep on more. You forgot we on the floor, blind two hours old blind, lies, stop breaking the law. Assholes money in is give us the fucking money mo happy tuesday, happy tuesday lots of things going on lots and lots of things going on. I think the main thing i can't even say that there's so many things going on, but hey we're going to talk about it.

All we're going to be talking about stonks we're going to be talking about crypto, we're going to be talking about citadel securities versus the sec and we're just going to be talking about dumb apes, making dumb money and i'm more than happy. What is this episode? 118 of dumb money - hey! I'm me i'm matt uh. The host of your show coming at you live through the interwebs of my mom's basement and we're going to be talking about it all, absolutely all of it exciting, exciting stuff. Now, before i get into the specifics of the stonks that are running the kryptos that are running, let me paint you a better picture of really what's going down today, so stock market all-time high, all-time high all-time high, the nasdaq itself remember the qs that tracks the Nasdaq, that's the etf qqq, the qs uh! That was up almost a percent yesterday and it pretty much completely was because of tesla and we're actually gapping up even higher.

Look at this the spy s p 500 gapping up to a new all-time high. That means that we're gon na have one two three four separate grabs to the south side, which means money-making opportunity nasdaq a little bit more tech, centric, obviously tesla's in it. But beyond that, we have excitement in the tech world right now. Uh facebook reported their earnings i'll be talking about that, and then we have some other big earnings today as well.

So, right now, before the market open uh, you guys all know ge after the market closes today. Amd microsoft, alphabet, aka, google, visa, twitter, robinhood lots of names tomorrow morning, boeing, gm coca-cola, mcdonald's, spotify, it's earning seasons, it's tech, earning season, crazy stuff. Going on later this week, we also have apple amazon, shopify, starbucks, merck, we'll be hearing some covet updates, like just big names, all reporting between alphabet, microsoft, amazon, apple and tesla, tesla didn't report, all the other ones did. Those are literally the biggest companies in existence.

Right now uh, so you have some big swingers reporting a lot tech heavy. So if they are successful, we might be seeing a new all-time high in the queues and then just to also talk on the russell 2000. I've been calling out 230 for quite a while, and i made a killing in the futures market playing the russell 2000. I kept calling out 230 ever since this gap up in the bounce off of 224, that six dollar move is exponentially more in the futures market.

You could have played it, however, you wanted to uh, but this is nice. I mean i've been pointing out the w the wedge, the higher lows, the cup and handle whatever you want to call it bullish, bullish, bullish, iwm, qs and spy. Does it make sense at all that we're at a new all-time high? No, but i'm not one to say hey, we have to make sense of everything right here. I find it very very funny that a lot of mainstream media will argue at us apes about buying something that is fundamentally overvalued.

They're like how could you possibly be in amc? How could you possibly be in gme? How could you possibly be in bitcoin all of these things under overvalued from a fundamental basis, but then i guarantee you, i would bet any amount of money in the world all these fancy-schmancy wall street elites. All these fancy fancy mainstream media commentators. I all bet they have exposure to the overall market, so talk about the pot calling the kettle black if you're involved in the market right now, that's fundamentally overvalued seriously. I don't know what kind of drugs are taken, but i might have to call up their dealer, because that makes no sense for them to argue that our stock market all-time high - i don't feel like the economy - is the best it's ever been in the history of Mankind, so a little bit of just them, particularly picking the narrative that they want to run with that day, that whatever suits their case, whether they're trying to get views for advertisers or just to piss off the retail trading public.

I don't know their motives, but it is. I find it a bit humorous so anyway do i think that the overall market, the spy, the cues iwm, are all overvalued? Yes, but i also think it's just gon na keep going. Just because remember. This is a big aspect of amc and gme, like it's not exclusively: fundamentals that drive a market or an individual equity or an opt-in, or anything like that, and right now we're just seeing all this go higher and higher and higher, but, like i'm still going to Play because i think it can still continue higher, even though i think there is a clear distortion between our economy, the stock market and where our stock market would be fairly fundamentally valued at at this moment in time, but overall market ripping higher higher and higher.

So facebook reported yesterday and they actually beat better than expected third quarter earnings its decision to add 50 billion to its stock repurchase plan. So this is actually a very bullish news whenever you hear a company buying their own stock. The reason it's bullish is because they think that the market is undervaluing where the stock should be at so on top of it, it beat earnings and then it also bought its own stock. So that's kind of like showing to the public hang on, like it's actually probably worth more, because the insiders to the company, you know the people who have all the information think it's actually worth more and it um.

It fell short on revenue uh, its earnings per share were 322 versus 319. um, so overall, a little bit of a mixed bag, but still generally good. The biggest issue currently facing facebook is actually more of like this thing. Going on with francis hagan uh facebook's, quarterly results come against the backdrop of a large ongoing document dump uh from the whistleblower francis hagan.

She was talking to the us congress now she's talking to the uk uh kind of some crazy stuff, but of course um. The the robot man himself mark zuckerberg defended the social media platform on monday's earning call contending that the leak is painting a false picture of our company. You know if i was running a company that was driving our adolescents to high levels of anxiety, stress and, in some very sad morbid cases, suicide. I would also be like eh false picture of our company.

That's not what we're about so a little bit there. Just so you know from a technical perspective, if you check out fb um, it does look like there's a got fill opportunity up to 338, so some money making opportunity right there pretty low risk nice reward. You can watch 338 for that gap bill. One of the exciting narratives from yesterday was that tesla reached 1 trillion in market cap, quick, fun, fun fact coming at you pro tip for matt um second fastest company to ever hit 1 trillion with the number one company, oddly enough, actually being facebook uh, pretty pretty Impressive second fastest time ever to hit 1 trillion in market cap.

This came on the back of hertz ordering a hundred thousand vehicles from tesla. By the end of 2022., they paid 4.2 billion dollars, which means they got absolutely no discounts. If you do the math, i find it interesting. I mean it hurts last year bankruptcy this year, they're putting in an order for 4.2 billion um, so that from in the short term frame short time frame very much helping tesla on top of it, oil is sky.

High, as i'm saying this right now, oil's around 84 a barrel the highest it's been in about seven years and with that, obviously, as prices go up, that makes a stronger argument for ev so on the macro scale, because of what opec and its allies is doing, Inflation various other things, the short term of hurts tesla's, looking very, very good uh in pre-market right now. It's down slightly, not i mean it, not even a dollar, it's down a dollar and we're talking a thousand. So it's pretty much where it closed out. Yesterday, um, i think it keeps going higher.

Um tesla has notoriously burned shorts to the tune of billions and billions of dollars, um speaking of billions of dollars. I don't know how many of you traded tesla. Yesterday uh, i myself got a little piece of the action. My play is still open.

I haven't locked anything in, but i think most people would be stoked if they made 30 000.. I think if people made 30 million they would be extremely excited because that's truly life-changing money. Would you know how much elon made yesterday yesterday alone, elon's net worth not his bank account his net worth because he's tied up in equity in tesla, he gained 30 billion dollars. He is now just shy of 300 billion dollars he's worth around 288 billion right now.

Just shy of 300 billion he's not only the world's richest man, but he's about to start running laps on people. Folks, like this isn't just like. Oh he just edged out someone he's about to start running laps on the likes of warren buffett. Jeff bezos he's definitely running laps on bill gates, like bill gates, is becoming a tortoise in the race of the world's richest people.

He made 30 billion yesterday. He made the gdp of some small countries yesterday in just the 12.66 percent gain of the stock. Absolutely incredible! All right biden institutes no covid rules for international visitors when travel curbs lift. So this goes into effect november 8th.

So, what's that about two weeks, airlines will be required to check the vaccination status of passengers flying to the us and collect information that can be used for contact tracing. Additionally, unvaccinated americans and adult travelers, who receive an exemption for the vaccine required requirement must now test negative within one day, so just for people traveling. I wanted to share that information. It goes into effect on november 8th and for more of the political front.

Democrats scramble to reach deal on biden's social spending plan should democrats agree on a scaled back version of the spending plan house. Speaker. Nancy pelosi would then bring up the vote for the companion bipartisan infrastructure bill. That's already passed the senate, so this is the infrastructure bill that passed the senate, not the spending plan.

If the house approves the legislation, biden may sign it into law later this week, kind of uh some confusion there, because he's expected to travel to europe later this week for all of his, like various summits, blah blah blah your fancy, schmancy european summits, um. So, coming back to the domestic spending package at first they wanted 3.5 trillion. Now most estimates are closer to 1.75 trillion. That will never not surprise me by like, ah okay, let's just lop off two trillion dollars.

So speaking of the spending package um, the senate is tough to get things passed right now. Um, especially when you have some democrats, who are a little bit on the edge, the senator from west virginia and the senator from arizona they need their support or it will not pass because right now, the senate is evenly split, obviously with the vice president. Being the tie-breaking vote, but depending on how these two senators go, they might not even be at that 50 50 mark. So that's all related to the spending package.

But once again the infrastructure bill has already passed the senate just so everyone's up to date. On these numbers from 1.5 to 2 trillion, which i don't think that our brain could possibly possibly understand so recently, we've been talking about some serious allegations of insider trading um. I was had the privilege of last week going on char with charles payne, making money on fox there and right when i was on there. It was actually a really fun experience because, like you're in this waiting room, you're looking at your camera, you're getting ready and the producer comes in he's like matt there's some breaking news.

I was like. What's the breaking news he's like we just received word from bloomberg that the federal reserve is going to implement new regulations that they cannot own individual stocks or bonds? I was like oh wow. That's crazy! He's like great you're going to talk about it. I was like, let's let this go um, and from that i mean this is a story.

The the overarching narrative of manipulation and insider training and people abusing their power and positions has been a story that i've been following now for over a year, because i just think it blows my mind and, like i think, a lot of people in the public. They just let it happen because they don't even know it's happening, so we don't know what to cry out about. Let me just lay out a few for you. This is three of a gazillion.

We have federal reserve members chairmen trading right before they announce a drop in interest rates and one of the most insane unlimited quantitative, easing policies we have ever seen in mankind. This happened in early 2020, they did it and then they would change their account from bonds to stocks and then a week or two later they made these announcements, and then stocks have been, like, i just said, were at an all-time high, so they absolutely destroyed that Trade, we also have federal judges literally actively, as they're presiding over a case hearing litigation from both sides involving a company. The judges, presiding over the case have been trading that company's stock insane and then, on top of it, just in more of a general sense, we have congressmen who congress people, i should say, who are getting out of their meetings in february, finding out how bad the Covid pandemic issue is gon na, be on a global macro scale, they're trading, all their stocks, they're selling out and then, like a month later, the world goes belly up like we see this pattern time and time again, and that's just me doing like a little bit That i know three i mean you can go on and on about this well, not too long ago, the wall street journal reported the case of about. I think it was 131 federal judges who were kind of trading or their spouses were trading on cases that they were actively presiding over, and this is kind of interesting here.

Federal judges would face tougher stock trading rules under bipartisan bill house. Hearing set planned actions followed the wall street journal's report on financial conflicts in the judiciary. Federal judges would be required to report stock trades over a thousand dollars within 45 days and post their financial disclosures forms online under legislation proposed by a bipartisan group of lawmakers. In the senate and house of representatives, so okay over a thousand, i'm with that within 45 days, how i have a crazy idea? Why not that day or the next day, like? If the argument is that, like the argument that some of these big wall street firms take in the realm of okay, it's anti-competitive of like it is important to know if goldman sachs just load up loaded up on like a million shares of apple, that's a big Deal but my issue is: should someone an individual federal judge or their spouse like report it the next day, because if the argument is it's anti-competitive for them well, what size of stock are they trading, then that it would be actually influential to the entire market? I don't see a qualm if they're like well, hang on i'm buying millions and millions and millions it's like well a person in that.

Like i guess position, i scratch my head about, like i don't know if we want them presiding over cases anyway, like to me, that seems like it could very quickly become some serious ethics issues so anyway. The meeting is today on this to discuss that they want to examine they're, examining the breaches identified in the wall street journal's report right here. The 131 judges violating the federal law, the senate version of the stock training reporting bill called the court house. Ethics and transparency act would require judges to comply with the same law that applies to the president.

Vice president presidential appointed administrative officials, senators house members, according to the congressional aides and a draft of the bill that law known as the stack stock act, excuse me that's exactly the law we were talking about with lisa branganza in the interview for stopping training on congressional Knowledge requires government officials to report their financial transactions over a thousand dollars within 45 days, so the issue with this is first of all. Why were federal judges not already under this like? Why is this becoming a thing in october of 2021 that doesn't make sense, but still there's a couple issues with the stock act. I still have qualms with this 45 days, because i i just if it's an anti-competitive thing. I just question the size that they're trading that doesn't make sense to me it just there has to be ethics issues in there.

There has to be an abuse of power and beyond that there are problems with the stock act, because remember the people who enforce these rules are the sec. You know who the sec gets paid by. You know where their paychecks come from the government. Are they real? Like it's tough as a human, we're just asking this entire organization to bite the hand that feeds them.

I just question of like okay: are they really going to do what they're tasked to do when they're alleged, like they're supposed to be looking into the people who sign their paychecks? That has to be a weird situation. A second provision would require the administrative office of the u.s courts to create an online database of all judges, financial disclosures. The agency would be required to post the reports online within 90 days of receiving the information in a full text, searchable, sortable and downloadable format for access by the public. You notice how they start to do this they're like okay, they have to report it in 45 days, but then it doesn't have to be online.

An online report for 90 days so now we're talking about a 135 day delay at that point. We're waiting half a year, it's borderline half a year if we just round up a little bit so half a year later, we see what they're in when these cases could already be done when whatever bills are already passed. It's such a like a lagging indication of what they are or aren't doing and that's if they report it within that first 45 days, uh unusual wales, great account check them out on twitter. They are continually pointing out how all these people commonly report after the 45 day deadline.

So this is in like a best-case scenario, the 45 plus the 90.. If anything, it gets extended beyond that. It's just it's crazy! It's sickening and i think the reason it's gotten this bad is because to me this is one of the first times that such a large group of quote unquote. Average joes have finally been looking into it.

How have they been getting away with something so egregious so horrendous? Because no one ever thought to ask the questions at such a large scale. I'm sure many people have pointed that out and like it was more of like you're, just yelling into the canyon and no one's there, but now because the whole gamestop saga in january and now as it has also built up with amc. There are many of these quote: unquote, average shows who are asking themselves whoa, whoa whoa. That seems wrong.

That seems wrong. That seems wrong and we're all starting to point it out and, like i think, the writing's been on the wall, but it's the first time that we've literally had millions of people actively. Looking into this and saying this seems like a lot of bullshit all right. Moving on oh uh, one of the also hot news uh, because i want to talk about a little bit of crypto right here, uh tesla previously in bitcoin, not in bitcoin.

Well, it seems like they're backing in again electric vehicle company tesla held by ceo elon musk. I would say celebrity ceo, elon musk said that it may, in the future, restart the practice of transacting in cryptocurrencies. The disclosure came in september quarterly, following with the ussc uh, so it sounds like tesla back into the world of crypto, just a little bit of an update there uh. The reason i want to bring it up is because crypto's still looking really good.

Just so, you know: congratulations if you're in sheep sheba hit a new all-time high and it's currently trading at 47.. The all-time high is 48, we'll call it 60 right there. I think this just keeps trucking trucking trucking. We see a lot of momentum.

We see a lot of enthusiasm huge gain in the past 24 hours. It seems to be up 11.5. 11.6 percent seriously. Congratulations if you're in it um when it was way way cheaper.

I got 200 from voyager um and i've been sitting on that i've not added to my position, i'm up a healthy amount. I think it's fun i just like seeing it go uh, it's very, very exciting, so seriously! Congratulations if you're in chief bitcoin, currently trading just 62.5 000. I was looking for the the catch and the breakout right here at 63.. It broke down, but then we got right back up to it.

So the battle is at 63. ethereum. Looking very good ethereum hanging out at 4 200. I think this is going to really make it go to that new all-time high at 44 4500, something like that.

Uh the matic network polygon, making a move up to potentially two dollars. I, like matic, i like polygon, um, like they're, it's thematic network. Just so everyone knows those aren't two distinct things uh, i like it, it's very intertwined with ethereum helping it scale, making the transaction feeds uh cheaper, allowing it to have more transactions, uh, very, very exciting stuff. Cardano.

Also waking up i'm looking for that to get above 225., so lana yesterday hit a new all-time high. Around 217, currently trading at 208. Crypto is alive and well, and there are some specialty ones, such as sheep, such as manic solana yesterday, that are ripping higher and higher and higher huge amount of gains. Another crypto related thing that a lot of people paid attention to yesterday was b kkkt.

So, what's the deal with bkkt? Well, it's in the world of, i guess finances, but it's it's a digital asset platform that kind of allows people to actually transact in crypto. Well yesterday, it was announced that they have a partnership with mastercard. That's a huge deal, and not only are they kind of helping beef up their platform with crypto, but they also had another one with. I believe it was pfizer s-f-i-s-e-r-v, another partnership with them to actually look into crypto loyalty points and crypto rewards, so bkkt digital asset platform related to crypto, big, big partnerships with two different companies and right now, crypto itself is like really running, so it kind of makes Sense just so, you know a little bit about bkkt nice fundamental developments, but also just the enthusiasm behind crypto.

Obviously, we have tesla going right now still at 122.. I would my fibonacci levels are up around 1120: i'm not the biggest fib livel guy. I think there is some credence to it so i'll use it, especially when you're at a new all-time high, the other one, that's making some waves this morning is prague, p-r-o-g progenity um, so i did tweet out earlier this morning. This is some of the news on it just so.

Everyone knows why prague like ended up making a move today. Prague cuts outstanding debt by 20.175 million through private exchange of its 7.25 convertible senior notes due 2025 for common stock. So that's the development right there. That's! What's going on with prague, that's why it had this crazy, crazy movement from what basically 350 all the way up to 650, currently trading at four dollars.

It's up almost 20 percent in pre-market uh. Definitely many worthwhile watches today we're talking tesla we're talking, prog, we're talking. She we're talking bb kkt, so many potential moves and, of course, that's not even getting into our moon stocks of amc and gme amc. Currently trading at 36.71 g mean currently trading at 173..

Just to get you set up for the day. They've already borrowed 1.4 million shares against amc. The short interest is 16.6. I should say estimated because that's what it is utilization is 84.2 percent and the shares on loan.

It's around 106 million in terms of jimmy they've, already borrowed over half a million against it. Today, short interest up above 12 12.05, the utilization 36.8 and the shares on loan once again back over 8 million one thing i wanted to talk about uh today, because i was in a space call last night and i saw people confusing what utilization means they're like How are people still buying shares that the utilization specific to amc is so high? First of all, not that high it's high, but it's 84 like, but we've seen it also at 99 and 100 so 84. Not that high and also utilization has like zero zilch goose egg to do with shares that are available in terms of you. Buying utilization exclusively has to do with people who are attempting to short it remember what utilization is it's the amount of shares on loan divided by the total loanable amount of shares, so it's x, divided by y.

It has nothing to do with people who are currently willing to sell their shares for you to be a new owner or increase your ownership utilization only think about how many shares technically, when you're at 100, no more shares can go on. Loan utilization is a metric that exclusively matters to people. Attempting to loan out shares to theoretically go short has nothing to do with your ability to buy shares um just to get that out there. I saw a lot of confusion in a space called like how are people still buying and even that in itself.

I i think, that's probably on me, maybe not being the most articulate when needing to explain this. So, for example, amc. Let me show you guys this right here. Amc yesterday was 31 million uh a lot of people questioning were like well.

How is that possible when i'm told that 80 we own 80? Well, please understand that 80 number came from early june. We are now in late october july, august september october. That was four months ago that was 16 weeks ago. A lot of things in the market can change in 16 weeks and i'm not saying that to mean it's up or down, i'm just pointing out.

That was quite a while ago, and a lot of things can change in 16 weeks, just so we're all on the same page there, but also, let's take a stock. That only has a hundred shares and let's say you own 99 of them and there's one share. That's being freely traded well, if that one shares traded many times throughout the day, someone buys it. Someone buys it again like they're, buying selling, buying selling and it's just being traded well.

The volume can easily exceed the the float the outstanding shares so right there with amc, it traded 31 million yesterday. That means that, in totality someone bought 31 million shares and simultaneously someone's sold 31 million shares for anyone to be a buyer. That means there has to be a seller for everyone to be a seller that has to be a buyer. Every single buyer has a seller.

Every single seller has a buyer, that's how a market on the most basic level actually works, and, if we're not all on the same page of that, like just the axiom of our the functionality of a market, i think that can prompt additional confusion. So whenever you see volume right away, you should think that's how many people bought that's how many people sold it's just transacting. For example, if i own a painting - and i sell it to you - okay, that was one trade and then you now own it. You could sell it to someone else and then they own it and then they could sell it to someone else.

So in that scenario, there's three buyers: three sellers, but the volume it's three it transacted three total times. So i think a lot of the confusion and then people right away just start to scream about naked shorts and dark pools and that that's a conversation to be had but exclusively looking at volume and utilization. That's not really going to be too indicative of anything in that in that realm of malfeasance. I i bet, i think, is the best way to really put it let's quickly before the bell goes: ding ding ding in two minutes.

Let's look at the technicals of amc and jimmy uh, so yesterday we found support at this bottom trend line very much hoping that this once again holds today. This supports around 36 would love the breakout of 37.70 and then a gap fill on amc from the low of october 21st, which would be 38.80. That is definitely my short-term target on amc 38.80, with the major support being at 36. gme.

I like that at found, support just above 166., would love to see it recapture 175 and then also gme from its low on october 21st. Same date, we have the gap, fill opportunity to 180 and 60 cents gap fill up to right there on gme uh. So same thing as amc: that's my short term target, i'm hoping both amc and jimmy fill those gaps. I mean i.

I would hope that it happens right away out of the gate. I would be stoked uh, but just so everyone knows that's what i am paying attention to in the very short term and hang on. Where are we seeing this? Okay, and just so, you know today is round two of the citadel versus sec lawsuit. I don't know where it is on the docket today.

I already have it up. It starts at 9 30, but there could be a couple cases before it. So let me just check this out really quick, hang on what do we have here case? I just need to find it hang on. This is mary chambers versus dc october 26th.

This doesn't seem right. I thought it was gon na, be the exact same stream. Okay, i might have to track that down. We listened to the court case yesterday.

Remember, citadel securities is suing the sec over uh, allegedly their their complaint is that they should have never allowed the delimit order, which is just absolutely insane um, but let me see if i can find that and on top of it on top of it, let me Check this out yeah, if someone in the discord uh could send me the link of where that court case is starting. I would appreciate that just throw it. Matt live questions, but let's get going ding ding ding. The casino is open.

Best of luck to all all right, all right, all right: oh i'm, seeing a lot of f's a lot of f's hello, chicken, chicken, chicken, chicken, chicken chicken chicken test test, testers test test test test test, one two: three uh matt. I hope you got the penn state game this weekend, longest game in fsfbs, history sucks that we lost what a game we are shout out: jason yeah uh very disappointed, obviously with the result of that game, but it was still crazy: nine overtimes um. It's still upsetting that penn state laws to an unranked team, but congratulations to any illinois, uh fans out there, but hey the case has been submitted. They will now go over arguments.

So is it not a a stream today then c c payments? Did you get it on the phase clan spec? I did not just because, like i don't really know much about their business model, i know phase is absurdly popular. I just don't know like how good their revenue is or anything like that. What is going on here today, why is this lagging, is a little laggy today. Why is this happening? I haven't changed anything uh.

Let me see if i could just fix one thing very quickly in the back end um, it doesn't seem to really be. I don't know if this is occurring on rumble or on twitch. So if i, for whatever reason, get taken down on youtube just so everyone knows uh, my twitch matt underscore cores and then on rumble it's just. If you search mac quarters, you're gon na find it um just so, you guys know if i'm, if i'm down, i'm still gon na, be somewhere all right.

Prague, 372. uh, tesla new, all-time high. Oh man, i'm murdering this tesla trade right now, where am i at? I should probably get in some gains. I haven't looked at it yet, but uh tesla, we got some crazy.

Lotto calls uh start of the day yesterday and then also the end of the day. Yesterday the one is up 560 percent, the other one's up; 181 percent uh wow wow wow wow - that is absolutely incredible. They expire this friday and they're just so expensive. So what i'm going to do? I am looking to capture my gains in just this early morning.

Volatility basically, as soon as i see a little bit of weakness this morning, i'm going to lock in my gains and then i'll be eyeing up a farther out. Expiration um, definitely eyeing up a further out expiration shebe, looking good as well amc 3670. We would love for this to hold above 36 and remember. 38.80 is uh the gap, though i'm looking and then gamestop, basically 181, currently trading at 174, 54..

Unfortunately, gamestop just has very very low volume. These days, uh sub 100 000. In the first three minutes. I don't believe so unless then by miracle, they make their decision in one day usually takes months.

Okay, i appreciate that update. I appreciate that. How do you stake sheem on voyager? I don't know if it's staked or if it's just being loaned there uh, but it's. I think you actually have to like opt out of it.

If you don't want it, i think it's uh, like automatic, okay jesus. I heard no case today. Okay, so it sounds like we're not getting the update uh. I guess it sounds like they are sorry that was the court case.

I was just waiting to see what's happening there um it sounds as if they just have to go over the arguments and we're going to be waiting for discussion uh. I should be able i'll fire an email off to the um, the iex team and see if they could like just give us any insights on it. Just so uh we can. All i don't know just be a little bit more up to date and i'll.

Let you know if i get a any like feedback from them on what is or isn't happening all right. Tesla tesla tesler had a new all-time high of 149 flat flat flat flat ooh. We got some of that weakness right now, but let's see if it what's it going to do here, let me very quickly check out the overall markets for you all right spy, showing some strength a little bit of strength right there. The q's also green iwm, so interesting, we're seeing the large ones the spy and the qs go green, but the russell go down and the russell remember it's going to be attached to amc just because amc is the biggest one within it.

So it would be nice to see these kind of turn around simultaneously. It would be very, very nice, hey matt shouldn't we be trying to tune into the case, so they see the amount of people watching and maybe feel more pressure to do. The right thing i mean there is no case today, edgar and i don't think i mean that's the sign of a bad judge of like they're gon na do their best to like articulate it to the law, not based on like viewership uh. You definitely don't want our justice system based on popularity, curious.

Why are you bullish on penny crypto, but not penny stock? What's the difference um because it actually has nothing really particularly to do with the price it has more to do with the market cap. And if you look at market cap, sheep is huge. I care about market cap because you could always change the supply which changes. The price it all comes down to market cap and sheep is number 11.

uh. I care about basically the top 20 cryptos um. It has nothing to do with the actual price. Most of these penny stocks, when you see it's because their market cap is pathetic, don't be so myopically focused on the price of something because you could change it.

You could do share splits, reverse splits. You could do whatever you want with it, but it really comes down to market cap and most of the time when i'm talking about uh any of those things it's much more related to the market cap. But if you find a penny stock, like it's most likely gon na have a very, very small market cap. Gme awesome, let's get the exact gap.

Fill 180 60 is what we're watching on gme and hopefully the enthusiasm in gme comes over to amc. I'm just a little bit worried about the lethargic nature of the russell 2000. This morning. Let me see what's going on in the russell, the russell 2000.

The question is: are we gon na get that bounce uh? Oh gap bill ding, ding ding winner winner, chicken dinner gme just get that gap. Phil. 180. 60..

That's awesome! Uh! So from here. The next watch on gme is basically 188 to 190.. All right, so that's the gap fill that i just marked out. Uh amc kind of following jimmy's way uh this morning, unfortunately like i just i'm just if this were more green, if the iwm were also the russell were also like, very enthusiastic and green.

That would just be less of a issue for amc to consider right now. Come on iwm: let's get this bounce back, uh love! The gap fell on gme. This is exactly why we talk about gap fills because in short term trades it could be easy money. I know a lot of you don't want to actively trade amc or jimmy, but i'm saying the methodology could be applied to things such as facebook.

Look at this gap bill 338. If this pushes above 330 that's a nice 8 gap fill you could choose to play. It various ways you could do it just straight up with fb. You could play call options on it like various ways.

So once i see a bit more demand following through i mean that's a gap-fill opportunity, so it's a lot of the methodology that you could apply in various aspects of the market. Oh iwm, looking a bit weak what you doing there, what you doing amc doing its best to fight, even though the russell is going down. What's going on with the spy the spy taking a bit of a breather right now, the q's taking less of a breather. Less of a breather, okay, so tesla the way i'm playing tesla right now is basically i'm watching 121.

um. That's it! That's how i'm going to play it. I have call options: uh, i'm i'm a long-term investor in tesla like in my long-term account. I have many shares sub 400, which is now obviously a crazy 150 gain.

I'm talking about my short term call options. That's my risk right there. I need to buy agile. I don't want to swing in another day because they expired this friday theta's too much.

I would rather lock in my attendees and then get a farther dated one where i'm not battling theta so much i when i'm talking about weeklies when i'm in that week of the weeklies. I really don't like swinging overnight, because you need a gap up just to retain your same value. If you're right, you can make a lot of money, it's just the risk reward paradigm is not the most ideal implied. Volatility in amc is crazy.

My options showing green, even though amc down, could this be a sign of moas incoming nope. It's just a sign of volatility. Remember volatility can go either direction vol, it could be a volatile move, upward or volatile move downward. High volatility is not an indication of a short squeeze and i think i missed a lot of super chats from this morning.

So hang on, let me track those down. I feel bad if i miss them here, we go. Let me see what i missed this morning. Hang on it just takes me a hot second um love the apes.

Maddox is a hot topic. Take a look matx! Let me write this down and what's proget 383 prague looking good right now, amc looking good jimmy did it scaffold would love to see that gap fill on amc today, probably watch that looking kind of spicy, okay, m-a-t-x uh. We did that yo matt. What do you think of a gap play on snap all right, snap, writing that down they reported? Didn't they really really missed on their advertising revenue.

Prague has not yet begun to run. News is now digested. Bullish, shout out wall street viking. Have you heard about era? I have not gladly, i can listen to you and not that lowest lady from twitter last night.

Sorry, if i had already missed your remarks, but what did you think about all that um? I guess i would need a little bit more time if i'm being completely frank, to digest my feelings uh. I i'm of the opinion that we have to do something different albert einstein. I believe said it first that if you continue to do the same thing and expect a different result, that's the definition of insanity, i'm not saying i'm necessarily in alignment with some of the other people of like their idea of what we should be doing next, i'm Just i just know, we need a little bit of a change like we got ta, go it with a different tactic. I think it's a smart idea to get legislation rocking to get someone to sponsor bills that we are supportive of to me.

That's a very logical step, but i think i need to i don't know, ponder it a bit more and really gather my thoughts, because i think there's when the community's so large, i mean everyone has an idea of what should or shouldn't be done. There's no way we're going to get millions of people to all agree like idea x is the best way to move forward. So to me, it's a question of okay. What are a majority of people going to think the best move is uh safe moon is definitely next.

I like it more every day you gain coins just by holding. Well, that's a lot of crypto uh quinn, but for me i'm not the biggest safe moon fan. Uh, i'm not against it if you're in it. I hope you crush it.

I just have none and i don't have plans on getting any and the word of the great ice cube everything, corrupt facts. Okay, mrk shout out! Let me do this. Mrk got that mitchell. Why haven't they released the shareholder account since june uh? That makes a difference to a point uh.

They just haven't done. Another account like a company decides when they want to do a count. Um, it's not in a releasing. They just haven't, run one uh, so we just got ta wait on that.

I didn't get in on phase all right. I think i mis got caught up with all the ones that i unfortunately missed. Let me go back. We are good.

We are good um tesla. Hopefully, going to a new all-time high uh, i'm at the point where, if it breaks 150 i'll, probably just do some sort of like mental trailing, stop of like i'll try to ride it and a little bit of weakness uh if it goes to a certain degree Or dollar value i'm just going to lock in all like i'm, i'm in a crazy amount of percentage profit right now it wasn't my biggest bet ever, of course, when you see something like that, you're like man, if only i bet everything i own. I would be this rich right now uh, but it never turns out that way. It never ever turns out that way, um, but i'm happy with it.

It actually gives me the profit to play a more reasonable call option for farther out uh unusual whales, tweet gamestop nft confirmed that's exciting. That's probably what got that news is probably what got us to pop to a new all-time high nvidia looks like it is also at a new all-time high snap exec says the company will work with policy makers to help protect miners online. Breaking jimmy uh enters meniverse with web 3.0 job posting nfts confirmed menaverse with web 3.0. Job posting, i don't know, maybe i'm missing something, but i don't know if that technically i don't know if that actually like directly means nft is confirmed, like they have a job posting um, but that's still exciting uh.

I think a lot of people are gon na interpret the news that way and that's probably what leads to the enthusiasm in the stock. I would like to see the job get filled and i would like to see that actually come out with nfts, but obviously it's a step in the right direction, so exciting, stuff, exciting, exciting, but still a a job posting man tesla running running running. I just need to check uh we're up. 564.

210. Crazy, crazy, crazy, crazy, crazy, crazy, crazy. All right, amc 3660 had the excitement up to uh, let's see if it can hold kind of little range bound, i'm as is it the russell yeah, the russell's being super indecisive, it's sold off and now it's just range bound. So what we're going to be watching is to see which way the russell actually breaks.

Is it going to break below 228.74 or above 229.12? We just need to be patient on the russell right now, i'm assuming with tesla going up queues have to be looking good. They definitely are looking good a 0.85 already on the day, but currently the most recent minute bar on the spy in the queue is getting hit a little bit dwac getting smoked uh. Someone said um that break below 88. Yesterday i didn't like that too much honestly.

Dwac is becoming a nice short-term play, probably for that gap fill down to 52. Something to consider i currently do not have that play on, because i have no free capital, but if i do put that play on i'll, let you know uh house p-h-u-n, so p-h-u-n probably going the same way as dwac. If i had to guess right now, dwac yeah, i mean dwac, we know, there's a gap-fill opportunity to 52 put your politics and your enthusiasm aside. Sometimes a good trade's, a good trade um.

I you have to ask yourself where, where are you going to put your risk? That's to the whoever you are as a trader of what you want to do. Do you want to straight up short it uh? Do you want to get puts? Do you want to sell calls like there's various things you could do to benefit off of it but um? Obviously there is some weakness in dwac and we know that there's that gap-fill opportunity to 52.. So if you want, even if you like it long-term people, you could play the gap bill and then use that as your support and try to play both ways if you're an agile trader like that is more difficult. But you can play things both ways.

You don't have to be like a perma, bowler perma-bearer, you can say hey. This is opportunity. Uh. Can you take a look at xcla on the four-hour chart and give me your thoughts xcla? I know that had a very nice breakout yesterday looks like it's giving back.

Some of those gains today so kind of a weird pump. I don't like that at gap down. I want to see this hold successfully above 215. Until then, i'm not the big.

I would not be bullish on it until it can prove itself above 215.. Uh phum looks like it's seriously selling off. I see a lot so this one another gap-filled play right. There, 192.

um. I i think they completed some. What was it? I see, people talking about a dilution or something like that. It shoots up, and now it's kind of like it's like you, threw a ball in the air.

You see the weight to it. This like actively has weight, and the real tell here is that it broke below the low of this gap on the 22nd below 552.. If it cannot quickly recapture 552, i would actively be looking for a gap, though off of 192.. Can you look at penn? Um amc just hit a new intraday low at 36.45 penn penn, i like penn, i i think penn draftkings, i'm bullish on that entire industry.

I think it's uh, i'm a fan of them in a long-term sense. I don't really actively trade them. They don't have the craziest moves, but i'm just very bullish on the online sports betting and gambling in general. So penn has also physical locations as in casinos, but then they also have equity stake in bar stool, which is rolling out barstool books to more and more states.

The way draftkings is getting into more and more states, so penn draftkings, i'm just bullish on this industry. I recently announced when i got into draftkings and my average was around 47.48. I got in back here in late september, but once again that's a long-term hold uh. The most recent news with draftkings and also relates to penn, is that um they're kind of getting going in, i believe, new hampshire for sports betting as more and more states legalize it um.

I i just don't see how it's a losing play. Uh people love betting, people, love sports, people, love betting. On sports. To me it seems like a no-brainer.

It really really does shout out to my fellow sheep holders matt. I recommend a movie called the hummingbird project, all about latency and high frequency training, joe prime. I will write that down the hummingbird project. I thought there was like i thought honestly that was about like a painting and like the room exploded and had that guy from uh baby driver humming bird project all right.

Thank you shout out joe prime uh ater. Currently, trading at 687. ater is interesting to me. If it can get above 915 atr looks pretty weak right now.

I would call out the next level of support being 532.. I don't see much catching it when it didn't catch itself at eight dollars, all right, tesla new, all-time high at 164 amc uh, coming to its support at 36. Very much hope that amc holds on to 36.. I i think there could be if it goes below 36, especially to more of a noteworthy degree.

I think that could prompt some people who are scared, maybe, like some weaker hand, situations getting scared, so just for their like emotional state. I hope this does not happen. Uh and the equivalent level on gme would be 165., but on a positive note, i suppose that my tesla gains currently happening now. Allow me to buy amc and gme at a nice discount, so that's also pretty sweet.

Hey look at the glasses pelosi is crushing it on nvidia. Our girl pelosi right here. This is pelosi. Nancy pelosi's insider moves, um, nvidia, nvidia, nvidia, nvidia nvidia in video uh.

Maybe you see a pattern there, but she owns nvidia stock. She owns nvidia option. She owns a video option. She owns nvidia options.

She owns nvidia options, she owns nvidia options. Imagine how much money she is up right now, this girl loaded in loaded into nvidia options - and she just rode this. She rolled this thing to the absolute moon. She is killing it.

This is, this is ridiculous. Watch it watch it. This will just keep going. Just look for the news of i don't know like in video winning a government contract or something, and then that sends it to like 300 ridiculous, absolutely ridiculous um.

I don't mind it honestly because i'm in nvidia that's another part of my long-term account like i i'm in nvidia, i believe in the company i think they're the gold standard for processing chips, so um i for me the higher it goes. I just think it's funny that she has no official stock market education and i assume she's pretty busy being the speaker of the house, but yet she always finds time to make one of the most absurd trades. Ever. Let's look at some of her other trades.

Nvidia work work is weird, it really is. Work is like a tie-based like cinema company uh. I wondered how she has any insight into that. Oh, i guess they got out there like.

They didn't want that anymore, but they're also in on google, which could be interesting because google reports after the market closes today. So if google beats and runs um just understand that she's making millions and millions more millions and millions more prague, the gap up come down. You guys know i'm not the biggest fan of that setup when it gaps up and then sells off for a quick gap. Fill uh, usually not the strongest pattern.

If we're here talking about patterns all right, let's see if amc can actually get its bounce going. Uh. Prague on an intraday basis, looking a bit weak, but please understand it is still up eight percent on the day, so intraday, not necessarily indicative of where it's at on the day because of the gap up uh, let's check out iwm. Is this okay, we're getting a little bit of some movement a little bit, hopefully going to be helping out with amc iwm.

You definitely want that to go upwards, tesla tesla, tesla, tesla, folks, uh. It is crushing it uh to everyone in the discord. I know a lot of you. Uh swung tesla overnight with me.

Congratulations um, i don't know, take your kids or your significant others out for a nice dinner this week this weekend, uh luz, i think, is your name. Thank you for becoming an astronaut. I appreciate that. Shout out shout out shout out: okay, uh, i'm curious, let me know in a comment uh or who do you guys? Are you guys in tesla? Do let me know in a comment: are you in tesla options? Are you in tesla's stock? Do you not give a crap about tesla? Do you wish you were in tesla, but you it's just expensive, so you don't have it right now, um matt voyager does not work in new york.

That is correct. That's the so voyager is a crypto brokerage uh. It works in all states except for new york, so it works in 49 states uh. You can download it and then you just put in that code.

Matt21 mat 21 and you will get an extra 25 of bitcoin uh after you trade, a hundred dollars of any crypto uh. It's it's a i like it. I think it has one of the best user interfaces, one of the best user experiences ui ux um. In my opinion, a better ui ux than coinbase and gemini, but with that being said, i still do like coinbase.

I still do like gemiini. I use all three. I just use them for different reasons. So if you are a fan of crypto or if you want to get like sheeb right now or matic, right now or bitcoin, right now or ethereum right now or just any of this craziness right now, because things in crypto are very, very hot uh should be Easy for you to download, or you can check out coinbase or whatever, there's various options.

I myself i'm on voyager coinbase, gemini other good ones that i'm not on binance kraken, kucoin, uh people talk about uphold people talk about gate, i o those are all ones that i hear a lot just if you want to have various options all right. I think i am successfully up to date there uh. What do we have? I listened to the call entirely too long any thoughts on those who got caught, pdt trading or swing trading, commodities or other security types that are excluded from wait caught on pdt dave.