And i eat crayons every day with my friends, i think about kenny in his ivory tower shaking in his lily bones. As they act, overpowered must stop breaking the law. Asshole, we hungry money money at the streets like a quarterback. If you don't mean a thing: water up, a duck's black aids not leave or not until we get the money stacks monkey monkey too monkey hold up blue monkey magic coming through through us monkeys on the moon, double digit, iq, loving, bamboo right, my sisters here, my Brothers, the it's time give us the fucking money.

What is going on happy thursday november 4th? I don't know if it's your morning your afternoon your evening, your night doesn't matter, hope, you're having an absolutely great one and, as always, welcome back to the best finance live stream out there, where you know what we are we're just straight up dumb money excited to See what's going on today because honestly, thus far november, knocking people socks off. I hope that your shoes are secure. I hope they're on - or maybe you don't have any socks on at all, but thus far in november to kick off the week to kick off the month. Definitely knocking some socks off.

It's been some exciting things, so many things moving on, uh amc, moving, gme moving avis moving bed bath and beyond moving the markets, all of them new, all-time high tesla moving crypto movement, just so many money-making opportunities - and i hope you are fortunate enough to capitalize on That, but with all that being said, of course, as always, we have a lot to dive into. So let's get right to it. Five things you should probably know before the market goes: ding ding, ding, ding, ding. Today, wall street study after four straight days of record highs - and this is an understatement of what's going on so and we'll get more into it.

Uh, the the most recent surge is definitely because of the federal reserve and the fact that they're still being pretty dovish about the whole situation, but from a technical standpoint check out. What's going on. This is a new all-time high for the s p 500.. The spy is an etf and exchange traded fund, think of it as a basket of stocks.

This particular basket is 500 of the biggest companies within the us and it just hit a new all-time high like all time, i'm not talking about for the year. I'm not talking about relative to covid, i'm saying that the overall stock market is pricing in the best we've ever had it now, a lot of you might be scratching your head and won't be like well matt. It doesn't feel like it's. The best we've ever had and and you're right uh, but hey, that's the question for other people in the meantime, as powell and his cronies and politicians continue to line their pockets and push the market higher and higher and higher, you might as well make some money With them looks like we're already gapping up to another new all-time high today, we are thus far this year.

This calendar year 2021, the s p 500, has made 62 new all-time highs, um. So that means what by pure math, we have about seven more to go. Just for anyone keeping count, so that's the s p. 500, the nasdaq 100.

That's a bit more tech. Heavy 100 of the biggest about 50 percent of them are tech. Related think, your apple, your amazon, your microsoft, that type of thing that also hit a new all-time high from a technical perspective, you have to let price discovery play itself out in a general sense. I'll watch that key psychological level of 400 russell 2000 uh 2000.

On the small caps, so don't think like mom and pop businesses, they're small cap relative to the titans, such as like tesla, but uh still pretty sizable companies. Amc is actually in this. It's the biggest one within it, gamestop used to be in it, and then it got moved out in june uh. So still sizable companies, but just relative to like the top dog type of the situation, not as big but right now also hit a new all-time high.

I'll watch 240. - i don't know if it has enough gusto in this one to really push 250 in this particular run. We'll pay attention to it, because, right now all we're seeing is green. All we are literally seeing day over day is just so much green fed to start tapering this month, as it begins pulling back on pandemic aid.

So right here, money printer go burr. This is exactly why we've been seeing at least the recent push over the past couple days, especially yesterday of why things just ripped. I mean if you look at the intraday check this out, so the fed uh from the fomc meeting came out at two look at this: nothing, nothing nothing all day, everyone's waiting, waiting, waiting waiting. They come out with the results at two boom houston.

We have ignition - and this is all just because of our boy powell and his friends. There saying you know what we're not touching interest rates. Everyone knows we're not touching interest rates, but let me reaffirm we are not touching interest rates everyone's, like all right, sick. What about tapering he's, like you know what that thing we've been talking about for a while of how we're at 120 billion per month we're going to cut that down by 15 billion.

Well, that exact thing we've been saying: we're gon na do that uh. The only interesting thing there was like in real time he was redefining the word transitory and they were kind of taking a step back from really their own words. If it's transitory, it's transitory, it's transitory, now, they're saying that we have factors we believe to be transitory, so they're they're, putting kind of a wall between themselves and their previous statements about this whole inflation scenario, but in a shorter time frame longer time frame. Yeah you got to consider inflation uh, you might not want to be sitting on so much usd, but in the shorter time frame.

When you have comments like this they're, like okay, the federal reserve, the people who are just putting borderline an infinite amount of money into our system, they're still being pretty dovish as in interest rates low, they care about employment, keeping employment as high as they can unemployment. As low as possible, they're looking for the labor market to in what they refer to as heal they're looking for the labor market to get back because right now, it is hard for people uh employers to fill employment right now, that's like a common thing, we're seeing In a lot of earnings announcements on top of that, they're also mentioning various supply chain issues not being able to get it to the best of my understanding. What's going on in the pacific right outside of la in long beach, two of the biggest ports for the us accounts for about 20 to 25 of all imports into the country, lots of issues out there. In fact, it's getting so bad that the president is hiring the likes of walmart ups and fedex to help speed up all this, like true gridlock, that we have going on out there getting the supplies, big problems going on supply chains, labor issues and a lot of This is also, then just coming back to the inherent issue of clear inflationary issues once again, that's a medium longer term issue, short term, just money, printer go bur higher and higher and higher and higher, and i i've discussed this, but i really want to drive this Point home: i find it absurdly comical more comical because if i really thought about it, i'd be like that's hypocritical and then i would get mad and i would go on some sort of rant and i would just be upset with the overall system.

But let's just take that first feeling of just comical so many people out there mainstream media apparent professionals talking about how everything's overvalued when it comes to apes amc is overvalued. Gm's are overvalued. How could you possibly buy it? The fundamentals are out of whack. You know where the fundamentals are really out of whack our entire system.

Do you think that the s p 500 should be at an all-time high? Do you think that the nasdaq 100 should be at an all-time high? Do you think that the russell 2000 should be at an all-time high? I don't know about you. I don't get out much, i'm usually stuck in my mom's basement day in and day out, but i'm telling you it's not like our economy is the best economy. We ever had and right here i get it. People are gon na be like well, the economy, isn't the exact same thing as wall street: hey you're right! I'm not disagreeing with you on that, but to be have this much of a disparity between the two? It does not add up so understand that when the eight community, when the dumb money community is being attacked for buying something that they perceive to be fundamentally overvalued, unless they can show to me that they're not involved in basically any stock right now, because everything's overvalued.

It does seem like they're they're, picking their particular arguments for whatever for views for titles to make their bosses happy whatever it is, but it does all seem to be a little bit off base. If you ask me moderna sinks after cunning 2021 forecast for covid vaccine sales, yes, so they reported right before the market opened today, and i found this one to be noteworthy and also surprising, because pfizer destroyed so right now pfizer i get it. It has many other things going on. It is a huge pharmaceutical pharmaceutical conglomerate, many many things going on there, but even if you look at its rona-based sales, they destroyed it.

In fact, they raised their guidance for next year and i just didn't think that moderna and that's a little bit more specific, like that's kind of modernist thing, going on right now, like a lot of their revenues based solely on their uh vaccine sales. I did find it surprising that it it just didn't, do well, it's actually down 14 in pre-market. It might actually be down a little bit more right now. I'd have to double check that, but right here pfizer is expecting sales of 36 billion and then modernity coming in at 15 to 18.

um and at first it was 20.. So it's cutting down and i i find that to be, i guess confusing um. I don't know if there's like a political favoritism for pfizer over moderna, just because like if you look at it pfizer, you have to check out this video from russell brand. He was pointing out how like we're trusting in this company, but they sponsor everyone.

If you're a mainstream media outlet, pfizer has paid for it, nfl pfizer, sponsor pfizer sponsors, everything and that's just um. It's an interesting psychology play because it's trying to get its name brand associated with everything seriously the next time. You're watching news count how many times it's pfizer's a sponsor of it pfizer's marketing budget just to be in our face over like hey, i'm a good company. I'm here i'm right in your face: we're good we're with the good guys we're with abc we're with cnn cnbc fox we're with all of them we're pfizer.

You can trust us uh at once. It's like on the very big scale. What pfizer is doing? It's like almost like your local, like your local drug dealer, except this local drug dealer, is very nice like he comes in, helps you cook up like we're. Gon na do community cleans all of this.

They just they've perfected it on the largest scale like they are. Associating their name with everyone and everything, and it's just you pfizers in your face, i implore you check out the video it's a recent one from russell brandt and he was just pointing out how they sponsor literally everything. So i'm almost wondering if moderna is falling out of some sort of political favoritism and pfizer's like kind of eating up that market share. Just a thought.

I don't know, i'm not in politics ford to impose vaccine mandate plans to buy back high costs of debt. So two important things going on here: plans to buy back high cost of debt. That's nice ford almost hit a new all-time high yesterday, at least relative to the past 10 to 12 years uh. Ever since it's pivot more into the world of ev, the stock's been doing well.

The company has been doing well. It was a very smart strategic repositioning of the trajectory for the company, but coming back to this first part, uh imposed vaccine mandate. That's a it's! A hot topic right now, half of you are going to be like yeah. That makes sense the other half of you are going to say.

No, that doesn't make sense. I'm not here to share my own political opinion. I'm just trying to point out what the actual news is. I want you to come up with your own opinions on it, but i also want to point out that previous companies such as southwest right now, i think, is kind of um embroiled in this fight about.

What's going on with mandates like there was a sick out, and then you have other companies, it's just it's a weird position for these companies and these leadership teams to be in, and i am personally happy that i'm not the one making these decisions because it seems Like no matter whatever decision you make half the people are not going to like it. That sucks house prepares to vote after democrats boosted, biden bill. The house is preparing to vote as soon as today, thursday november 4th uh on a revised draft of president joe biden's. Now, 1.85 trillion social and climate spending package and a separate bipartisan senate pass 1 trillion infrastructure bill.

Two things going on spending bill infrastructure, bill um. The change here is because it was for quite a while 1.75 trillion so uh they upped it by another 100 billion. Apparently um just so, you know that seems to be the main thing there and just understand that there are two things like. So we have the infra bill and the spending bill um in a flurry of last-minute adjustments.

After months of negotiations, democrats added back a new paid family leave program, so that's been in. That's been out, it's kind of like the macarena like that whole thing put your hand in take your hand out put it in. Take it out that whole thing, that's exactly what they're doing with a lot of these things that are just going back and forth day over day family leave program, work permits for immigrants and changes to state and local tax deductions. Democrats want to make gains on biden's proposal after their party lost the tight virginia governor's race and barely hung in in new jersey, unexpectedly, close gubernatorial contest that word probably one of the most fun words to say gubernatorial did that actually close? I know they lost in virginia, which was an upset new jersey, governor phil murphy projected to win re-election.

After surprisingly, tight race against jack citorelli uh. That's an interesting name. That's a cool name yeah. So this one i didn't, know uh.

It was just updated two hours ago uh. All i knew is that it was very very close, like it was a razor margin difference, but i guess in new jersey, the original governor, phil murphy, i guess re-won uh. He he kept his positions, so that probably matters to you, if you're from the state of new jersey not too far away from me in terms of earnings - yes, moderna had it today after the market closes, i'm particularly interested in square um. We also know that there's been some talks of a pinterest acquisition.

Maybe we'll hear something on that uber coming out! That doesn't really excite me too much airbnb. This might the result of airbnb ticker symbol. A b and b might be a bit interesting in the sense of could we use that as a barometer for returning to the new normal? Are more people going out to travel like? Are we getting back to the pre-pandemic levels? Might be able to use that as somewhat of a gauge and before the market opens tomorrow. I'm definitely definitely interested in both draftkings and coinbase.

Right now i don't own coinbase, but i'm just tracking it because of crypto, and i do own draftkings, that's more of a long-term investment. For me, speaking of crypto couple interesting things i want to talk about in craig wright, trial, plaintiff's layout, pattern of fraud, deceit and hubris. The self-proclaimed satoshi will have much to address when he takes the stand today. So this i don't want to spend too much time on it, but there is development in the world of crypto of like are we going to figure out who the unknown creator is? Is that is the mask going to be taken off in a scooby-doo fashion? So right now, that's being laid out of who owns what um interesting things going on there uh.

You could check this out on coindesk if you're, just interested in this legal battle for basically 60 billion dollars. It is, i find it to be particularly interesting. Nfts have been all the rage over the past two quarters and more recently we're hearing about nfts in the nft marketplace with gamesop, and i personally think that's a very, very intelligent move and um. I guess step four, that ryan cohen and the gme leadership team is taking and it seems like a lot of other people are doing it.

Fc barcelona joins nft rush with moments from 122 years of history, so for all of my football soccer fans out there, this hey, if you're a barsa fan, you might be able to own one of the digital moments, and i bet there's a lot of impressive ones. Over the past 122 years, but the real reason i'm bringing this up is is because it seems day over day there are more and more companies and sporting teams that are getting into this world. Crypto is clearly here to stay uh at first. A lot of people are like this is a fad.

Why would you buy a digital rock for millions of dollars and whatever, okay, you might be able to pick out particular cases that you're, like still scratching your head, but just the general concept of nfts of crypto of blockchains of this technology of the metaverse? It is obviously that we are trending in that direction. Um! It's it's gotten too much! It's gotten to the point of critical mass that i don't think we're stepping back. Will there in general be um, i guess pushes upward downward in terms of value and overall interest. Yes, but in the long time frame i think we're just on the up and up and up, and i would argue that it's honestly, not even linear, i would argue that it's going to be more of that hockey stick exponential type of a thing, as technology continues To spread throughout the globe and more specifically on the backs of nfts, you can't talk about nfts.

Without talking about ethereum and without ethereum, you can't talk about ether very exciting um, so some of my favorite crypto projects truly are ones that relate to smart contracts. That's why i'm in ethereum, which it just hit a new all-time high of just below 4 700.? That's why i'm in solana which just hit a new all-time high and that's why i'm in cardano? Unfortunately, it did not just hit a new all-time high, but those are three major players that are smart contracts and that's what allows you to do all these dabs, the nfts, it's the utility of the world of crypto and to me, that's the bet. I just personally think that's where this technology is going. Hence why i'm in ethereum, solano and cardano solano hit their its new all-time high or just below 250, i'm in it, and apparently these people who are smarter than i am continue to think that it'll go up and up and up so right here, we're talking about Fsi or fs insight, if you want to check this out once again, it is on coindesk.

The firm's first upside target for ether ethereum is just below 5 000, followed by 5 800.. They also right here, bitcoins break out to new highs, to lead to the retest of the october peak near 67, 000 and then finally, solana remains a near-term standout after reaching 235, but may see minor consolidation following the latest rally. They are predicting further gains up to 308 and suggest buying during the dips. If, however, there is a pullback, the first major support is at 178 by 152..

So, just to give you a little bit more insight on my own thoughts on this and all of my crypto really is i i'm not actively trading any of it. I don't actively trade crypto. I buy the projects that i like, especially when there's a dip, maybe i'll even buy some more and then other than that, i'm just looking to ride it out multiple decade play because i just right now, even if i have a nice gain, i got into salon Around 137 138: it's a long term play i'm not going to get out at 200, where maybe a decade down the road. It could be trading at 5k.

10K. I don't know i just believe in the technology that much and just for the people who want to get into the specifics. I thought this was an interesting factoid of the week. Bitcoin supply is fixed and expected hit 99.9 about 21 million mined in march of 2048..

I think this one is particularly funny just because we have the ceo of jp morgan, um, saying he's like. Has anyone even checked it yeah it's open source code. You can see it, it's it's out there. This is the code that is running the blockchain of bitcoin.

It's not like a hidden secret thing; literally, you could check it right now. I could check it right now and the limit is very obviously 21 million, so anyway we're looking for that to be mined at 2048.. Remember this is actually, as we get closer, it becomes more and more complex, more and more difficult. That's why the rate of mining is actually going to get slower and slower and slower, but uh according to for this in ethereum predicts that ether's equilibrium supply will settle between 27 and 49 million less than 40 of today's supply.

So there's some of that argument of being inflationary, deflationary. The expectation is that it actually settles at less of the supply than we have right now, between 27 and 49. There's a lot of reasoning for this and that's kind of getting into the economics of its particular technology. But with this it's going to take time, and i personally believe that the dev team is in the short term, they care far more about ethereum 2.0, trying to make it cheaper.

The gas fees are absurd, they're trying to increase the transactions and they're trying to move the consensus model from proof of work over to proof of stake, lots of exciting things with eth 2.0, and the expectation is that we get that switch over it next calendar year. Some point in 2022: just so everyone knows there, but in the most general sense just you know: bitcoin right now: trading, just below 62 000 ethereum trading at 4500, shibe taking a dip. So a lot of you might be looking at your sheep right now and you're. Like what what what why? Why is this happening? So what you need to know is the second biggest whale.

I just want to get these numbers right, oh shoot. I already lost it. Where did it go? The second biggest whale in the past 24 hours moved uh. Almost like two billion, i want to say two point something billion of the token, so second biggest whale having a big movement uh, not the best.

Look. It's obviously like, i guess, prompting people to be a little bit worried for me personally. Remember, i'm not a financial advisor. I cannot tell anyone what to do and i don't want to tell anyone what to do, but in my own decision i i'm betting on the community.

I've i've said this multiple multiple times the biggest learning lesson i've taken away over the past. I guess 11 months now, especially through the lens of amc and gme, is you cannot discount the value of a highly passionate engaged community? That's what amc and gme have, and i believe that's what cheap has and i think all three of them are just continuing to grow. So just this is a bet purely on how much i believe in the community. I mean they're all over day over day.

It's rare to see something trending that at least one of them relating to amc. Gme uh, like market manipulation, naked shorts, sheep specifically doge that, like it's hard to go a day without seeing something like that trend on twitter and reddit, or something like that, the community is highly highly engaged and because of that, i'm just continuing to hold and swing. My personal position now, let's talk a little bit more specific about amc and gme amc currently trading at 40 70, which means it's slightly down in pre-market gme trading at 220. Slightly up in pre-market - and just you know, tesla is also up in pre-market, but i'm sad about that because i don't have my calls anymore so for today, there's already been a net return against, or i guess, depending on how you look at it.

In favor of amc of a quarter million that puts the estimated short interest at 16.7 percent and the average age of the shares on loan cruising at 79 days. This is the average, the biggest average age on loan we've ever seen and remember day over day. They're still paying a portion remember the cost, to borrow that's an annual rate, so you would divvy it up by the amount of trading days within a year. Utilization 88 shares on loan just below 104 million and then in terms of gme we're seeing a notable spike in the average age of these shares on loan coming in at 55 days, estimated short interest around 10.6 percent utilization 33, and these shares alone.

Around 7.4 million same thing pay attention to the cost. To borrow just remember, this is the annual rate you do have to split it up by the amount of training days and that's technically what they would owe day over day for keeping these shares out on loan. So i do have one important fundamental update: it's a positive one as it relates to gme right here. Gamestop secures new 500 million credit facility with syndicate banks.

Matt syndicate that sounds crazy, sounds like james bond. Why is gamestop in any way dealing with a syndicate? Okay? I get it uh, it sounds fun when i thought about it right away. I just thought like james bond, i was like syndicate bangs. Is that even legal? What you need to know about this is this is a positive development right off the top.

This is very, very good for any of you, gme hodlers out there. Previously, it's just a it's a revolving line of credit and you get a revolving line of credit if you're worth it um so right here, abl asset based, uh, look like it: you're gon na hear credit base or cash base, but this one's asset, so the assets Are from the company itself, but that's like kind of a nuanced thing right here: asset space, revolving credit facility - so this gives them the liquidity they are currently on, one that ends in 2022 and that's 420 million, this one's 80 million, more 500 million, and it has Lower fees, it helps them with that it makes them more flexible. This is a very positive thing and it just um in a certain way. Beefs off game game stops war chest and gives them more flexibility at a lower cost to do whatever they want to do.

We know that they have a fulfillment center about to get going in nevada. We also know they have one in pennsylvania. We know that they're getting into this world of the nfts nft marketplace. There was that job posting for eight different positions.

So this the takeaway from it, if you want to look into the nuances, the specifics of what an abl is, what you really need to know is it's just money, it's a credit line for them. Um for syndicated banks, it's from a handful of different banks and it's improvement on the one that they already have going um. So that's the main update there and then in terms of amc. We are looking at monday monday.

After the market closes november 8th. They are doing their q3 earnings uh. This literally just came out. I don't even know what it says yet are slowly and steadily returning.

So it's, why are they turning bearish? Oh, this is probably relating to wed bush, who just lowered their uh expectations, or they went from neutral to downgrade. I think uh wed bush came out um right here. Uh downgraded amc shares from neutral to underperform with a 12-month price target of 750.. So my response to that - and i tweeted this out earlier - is tell me one professional or analyst on amc or gme.

That has been right this entire calendar year. The answer is, none of them have been zero: zero percent zilch goose egg, nada, not a freaking. One has been right about their price targets on amc and or jimmy this entire year. I don't know why it's going to start now remember when they do this type of stuff.

It is exclusively exclusively a fundamental breakdown. They're, not pricing in the potential chance of a short squeeze they're, not pricing, in the value of a community. This is an archaic, fundamental model that they have used for decades and decades and decades and to me, like the reason i'm calling it antiquated is because this entire calendar year has completely redefined retail investment and enthusiasm and has thus changed all of the wall street landscape. So if you have models that are describing how the market has worked before retail enthusiasm, well, you got ta account for it now and as we come into the specifics of the fundamentals related to amc, i mean we know october alone, the box office 630 million dollars.

No one expected that no one expected that the theatrical experience the movie going experience would bounce back that quickly at such a magnitude october. For all of it, not just amc. I'm also talking the other ones like regal, cinemark they've all been doing way better than they ever expected, and then we even have some months, such as september, where certain weekends are not just the best weekends of the covid era. It's the best weekend ever they're like this is our best weekend flat out, like you, don't even have to put that little asterix of like oh of the cove in time.

It's like this is our best september ever they're. Having best october weekends. I mean between what is it venom, no time to die. Halloween kills dune, they crushed it in october and i'm talking about all of movies and these companies.

But then we know that amc has the most name recognition. We know that has the biggest market share. So i do argue that it will benefit the most from it. Um, that's just my own thought we're gon na find out more and then we also know that adam aaron, the ceo, has been teasing about uh information uh that he has like a big announcement.

So i hope it's some sort of - i don't know sports partnership. We know that they've been talking with the ufc, also boxing or whatever the boxing commission would be um and already in talks with the nfl to kind of expand that so lots a lot of opportunity. I'm excited there and in a little bit i'm sure some of you are going to have questions, because we have some interesting filings that you can find on fintel of insiders kind of actually executing on some options, so we'll be going over that. But in the meantime, ding ding ding, the casino, is open.

Let's see how this gets going today, uh, you guys know me. I like to sit on my hands for about the first 15. 20 30 minutes see what's going on, there's just a lot of like volatility. At the start, uh, so i don't want to get.

I guess like whips on in any decision related to the market. I like to just be calm, cool collected right at the start, all right. Let me answer some of these questions why the market gets going. Marketbeat posted an article today saying that prague has a partnership with pfizer and abbvie.

You can check my tweets for a link if you need shout out wall street viking watching this wall in the hospital can't miss this until i go under wish me luck. Matt! Let's go amc and jimmy. I really want options in ford, fyi, mikeyp. 24.

uh. I don't know why you're in the hospital, but i hope it goes swimmingly well for you. I appreciate you being a hardcore viewer hopping in right before you go under man whatever it is, i hope it uh. I wish you a very fast and expedient recovery if he is in, i am in adam aaron, 500k yeah, adam aaron, choosing to exercise some of his options.

Uh. Can you tell us about prague, i'm in prague, i like prague, uh. Yes, there is a chance of a squeeze a chance of a squeeze, but that's not why i'm in it i'm rarely in biotech plays for me, it's just the fact that i think it's undervalued um, just judging on the numbers of humera alone and prague progenity having The opportunity to disrupt the i mean humira is like a top three selling drug in the entire world, and so it's very, very popular and you have prague, valued less than half a billion and humera itself is selling over 10 billion a year. And when it's redefining, how can um, i guess patients will be consuming it instead of it being injected.

Prague has the patent to do a an oral. I guess application for it. So to me that seems like prague is undervalued and then that's just one of i would argue prague's three main pillars of the business, so i just like it. I think it's just fundamentally undervalued, that's why i'm in it and if it ends up squeezing sick.

That's awesome, vaccine mandate or get tested every week by jan 4 is that for ford brian, what happens to prod call options if they are acquired by pharma giants such as pfizer get screwed on g-r-e-e um? I don't think so. No because uh pfizer, like you might have qualms with pfizer, but um g-r-e-e like clearly was a complete scam of a situation um. It was very, very bad. I don't see it going out the same way it did so.

The issue with gree was like it wasn't listed, and then brokers had problem like pfizer. It's too big to not have like that type of listing stuff already figured out. If it were to happen - and also you would have plenty of time, because it's not like they announce it, and it's done like usually it's like. Oh, the acquisition happens on date x, so you'll have a time to do whatever you want with the shares or your options.

If you don't want to go through on the merger, it's not like it happens out of nowhere and it instantly is acquired the next day. That's not really how it works. What is this one matthew? You know darn? Well, we all care about right now is: did the chip hurt worse the second time around uh? Surprisingly, no so my my tactic on the entire hot chip was, i was in notable stomach pain, notable stomach pain and i ended up uh eating like a sleeve of tums and a third of a pint of ice cream and then that fixed it, but thus far. Fortunately, no like horror stories to reveal about my trips to the bathroom because of this hot chip.

Matt, this price target is good. I remember a one cent price target, we're now 750. That's an uptrend! Let's go well! That's from different people, like different analysts, give out different price targets: thoughts on p l k, t. Let me write down p l a key and we'll do that uh when things settle down amc.

Looking good amc is up point or it's up. One percent training at 41.20 um. We see a little bit of resistance in that 42 region, but i really care about 44 44. - that's kind of like the major level i'm watching, but it would be nice to get back into those 42s uh shout out.

Dj p. L, a t, p, l t k, got it good morning, matt. What's the deal with evacs all right, we'll check that one evacs i swung ticker io as an earnings play it killed. No movement.

Can you check the chart in or text for me? Give me your opinion might get out, love you um. Just remember though, but if it's it's not did the earnings kill. It's did the earnings kill relative to expectations if everyone thought it was going to kill and then it killed well, that means it's in line with expectations and the price isn't really going to move um. You have it's all relative to expectations.

A company could completely miss on earnings, but if it misses less than what was expected well, that's actually a win and the stock goes up. It's all about expectations, not the the magnitude of the numbers. That's reported it's all relative to what was actually said, uh or expected going into it, but i have that written down james uh richard. I appreciate that good morning, matt.

Thank you for the amazing channel and sharing your knowledge while learning many new things too. What are your thoughts on v change chart uh v chain, i'm in that one i'm invested in v chain, uh kryptosaros got me into it, also amc to the f and moon. What's going on, you have seen this circle of the circle theory guys all their ta is convicted on 52 today been tracking well the last week thoughts. I have no idea about this particular cycle.

Theory um. I feel whenever i hear people putting out particular price targets for very specific dates. I it right away, they lose credibility, um the way - and i i feel like i can speak on this, because i i mean you can see my videos, it's all about my it's future, like the videos from 2020 are algorithmic training, videos um, so it was just Hardcore into the stats and the data and how things work, and even with that, my appreciation for data and my joy of trading on seasonal patterns and cycles and fractals all that stuff. I like it, but the best way i can explain it is people somehow treat it as if you have a very sober person going from point a to point b they're, like i have this seasonal pattern.

I have this cycle. I have this fractal. We are going from here to here. We have to they're treating it as if it's a sober person walking from a to b and the best analogy i've ever heard when doing this, is it's not that straightforward you're not dealing with a sober person going from a to b? You are dealing with a drunken sailor, going from a to b of like yeah yeah they're they're, drunken they're gon na they're, a drunkard they're, a wino they're gon na take a stumble here and there and you're gon na get most likely in the right direction.

But to think that they're gon na make it exactly to their door at two in the morning after, like ripping in at the bar all night, it happens, yeah they might get home, but there's also a chance that they end in the neighbor's lawn. I think that's the best metaphor, um analogy to think about when you're looking at cycles and patterns and all this, it's like you're, not dealing with that sober person, you're dealing with the drunken seller, you might get there perfectly. You also might wake up in your neighbor's lawn in your underwear we've seen it go both ways uh. Would you consider bringing gazillion grillionaires on stream yeah i mean i love them.

That's why i play their music every morning, i'm a big fan of them. Uh am i wrong for seeing strength in b kkkt's chart b, k kkt. Let me write that down b k, kkkt, hey mark uh, got ta trust me bro tip on k, k-a-v-o on my way to work. Would you look at it this morning? K-A-V-L, yes, matt! What are your thoughts on doing a short-term option? Wheel strategy with prague, too volatile um, no, sometimes volatility? It can be good for stocks um right now with prog, i mean it.

It kind of comes down to how, like i guess, uh. What's the best way to put this risk adverse you do or don't want to be uh. So for me i think prague's a pretty solid medium to long-term investment and, if you're upset with how it's moving right now you could sell calls against it. You could also do some sort of credit spread on the call or the put side there's various ways to play it um and you're.

Asking for the wheel strategy. I mean, i think that could make you money um, but it's kind of for yourself. How adept are you at that strategy? I mean, if you feel very confident in it yeah. I think you can make money uh, but i don't know if you're just starting this - and you want this to make it your first one or if you've already been doing that strategy for quite some time, we're all right.

We did that k-a-v-o. We got that a trust me bro, the garillionaires. Yes, yes, yes, all right, sweet, sweet, sweet. All right! I think i'm up to date right now, amc similar to yesterday the pump in the morning coming down uh.

But let's see if it just bases right here still off of 40. uh we're getting some volatility back there. Jimmy hanging out at 220. tesla did hit a new all-time high.

It's so funny! This tesla hurts thing uh. I find it to be hilarious. So this is an update from hertz. Some tesla officials have been expecting the supply of 10k vehicles, two hertz each year, hertz says it placed an order for 100k tesla by the end of 2022..

Tesla hurts are negotiating. How quickly hurts will receive deliveries uh for the order of 100k, so they're going back and forth on that very interesting web bush on amc, says. Volatility in shares of amc is likely to continue driven by trading momentum unrelated to amc's fundamentals by retail investors, whose time horizons remain unclear they're. Just these analysts are like we, we just don't even know guys like we just don't even uh.

We don't know what they're going to be doing or not doing crazy stuff. Like i just they're like we, we don't know what their time horizon is folks like. Where did they get that from? Are they in a certain sense it feels like were? Did they just go to like the local, zoo and they're like okay, like and they're, just shouting at the apes in the enclosure and they're like? How long are you gon na hold for could be, could be one option? I don't know what their research was or wasn't, but uh we're, like i don't know, they're just like we don't get them they're crazy, they're, absolutely crazy. It has to be.

Do you think it's absurdly nerve-wracking for them because they have like, i said, they're, always just going to be doing their typical fundamental based analytics, and you know that the poor person, whoever put this out where, where was that wed bush thing of like saying 750? They probably just like they're like please, don't put my name on it. They're like here's, the report, here's the metrics you want. Please don't put my name because as soon as they do, they just know they just get ripped apart on social media, uh man, man, oh man, oh man, crazy, stuff, crazy, crazy stuff. But that's i love that.

What was that exact quote? Whose time horizons remain unclear? They're, just like we don't, please stop so like here's, the report get it off like we'll come back next quarter. Whoever was like, i feel like they were drawing straws and they're like okay. I guess i i guess i have to write it up this quarter, just because the earnings are coming up, they're like shit uh man. How is solana doing right now, 240., so lana, looking good, all right, tesla, not continuing its craziness, but solana.

Looking awesome, i'm curious. Um, so it shot up hit a new all-time high and now it's just kind of coasting. Let me know in chat, if you're in solana, because if no one's in it i'm just not gon na, really talk about it but um. I like sauna, i'm in solana.

I am just a fan of all any of these smart contract. Crypto plays especially like the well-known one. What do you think about the ship jock? Did i miss some bad news? Um it. It sounds like the second largest whale made, some serious wallet movements, and i think that spooked some people, but we also do so with that being said: okay, like if we treated that as a catalyst, a negative catalyst, we do have two potential upcoming positive catalysts, so Kraken kind of lied to everyone they're like oh we're, gon na listen.

If we get over 2 000 likes, they got 70 000 and they're like oh okay like well. It takes more time to list it but, like they said we're gon na list it today. So cracking pissing a lot of the sheep army off and rightfully so you can't say we're gon na list it. If something that would be like me, saying, i'm gon na eat a hot chip if gamestop goes over 250 and then i'm just like nah, not gon na, do it didn't really matter um, i don't get it but kraken.

You can't go back on your word, especially with communities such as the sheba army. Trust is like as soon as you lose that as soon as you go back on your word, you're done, for you are absolutely done for, and i just i. I cannot believe that their pr department wasn't like oh shit, like you, you like what a misstep, what an incredible misstep so anyway, i view kraken actually listing it as a potential catalyst of being like we're. Sorry, we're sorry we're sorry here we're listing it as fast as we possibly can and then in a similar vein i would say you have um the same thing kind of with robin hood.

There's a lot of assumption, a lot of assumption that robin hood will be listing it this month, november 2021, so either or both of those companies kraken and robin hood listing sheep. I think would be a positive revo result for sheep, prague, prague, prague, prague having itself a morning right now. I love prague in it. I have calls i have stock, i'm excited about prague uh.

I would like it to recapture four. That's like a main technical level. I'm paying attention to, but i am a fan. How is the russell doing right now? Ooh the russell's pushing the russell's pushing nice - it's nice, nice, let's see if this just is gon na continue to go higher and higher, and higher amc coming back down reevaluating that 40 level.

Let's see if it can make that nice base, let's see if it can make that nice base all right shout out bryson uh. Can you give me your thoughts on ocjan? Your short analysis. Thoughts are valued thanks, o c g n, o c g n did whoa what happened to it. Well, this isn't good something had to get announced.

Did a deal not go through or did it miss approval, something had to happen with ocg and because it was looking good to the point that it almost wanted to test its all-time high. But now it's just getting cracked um something had to happen there. So this seems to be like i mean we gapped up and it sold off and then another gap down there had to be some sort of negative development with it sava share halted ahead of major news: uh sava savasavasava. Well, if it's halted, it's not trading.

So probably not much to see, but that's exciting, not trading uh, so yeah. Let me know whenever the news breaks and this thing will probably get going. Did you see the news on there being way more supply of sheep than previously reported? I thought that had something to do with the price shop could also be that um. I i saw those wonky numbers now for a couple days on coin market cap, where it went from 400 trillion to 500 trillion.

They increased the supply by like 25 um. I thought i saw that many people were saying that it was like a day to mess up and it really is 400 trillion. But are you now seeing that like that was confirmed and that's actually like what it's at uh 10 a.m? Eastern resume for saba? So it sounds like we have about 13 minutes to go on that. Let me add that to my news tracker just so, we can see uh when it comes out sava, savasavasava.

Anything there sava reports review by journal of neuroscience shows no evidence of data manipulation in technical papers, foundational toco's, leading drug candidate um. That sounds very positive. To me. There there was no evidence of data.

Manipulation sounds pretty bullish. I have no sava position, but if you do um, if that's the only thing, that's i guess prompting this. That sounds pretty good. Pretty bullish, uh someone said prog halted, prog is not halted.

No has not triggered a halt. Hey guys have completely sold my positions for a month now, because i need a break and had things happen now, i'm scared of trying to re-enter help austin whatever it is, stick to your trading plan uh. Just what's your risk point? What's your reward point? Stick to your trading plan, no like at the end of the day. It's you putting your money up, do not believe anyone on social media for, like your trading opinion, if you want to use it for a little bit of information and education and entertainment, that's great, but no one listening right now should be making financial decisions based on Social media - that is insane, that's truly insane.

If you want to use it for a starting point and then you want to look into stuff more and do your own dd, that's great! I i think, that's completely reasonable, but just because you saw something on reddit uh, just because you saw something on twitter just because you heard something on youtube. That's not enough for you to put your hard-earned money at risk like i said it could be a starting point, but you got to do more than that uh. She coined confirmed 549 trillion uh. Well, that's not a good situation, so more supply! You have a second whale moving um interesting uh.

I don't watch keenan uh, but i think he seems to be going more from like the amc world over to the sheep world. So it sounds like if you want to know about shebe uh, maybe a worthwhile account to check out iwm taking a breather cues, still moving spy still moving. So it seems like the small cap sector uh for whatever reason getting a hit right now relative to what we see in the spy in the queues. Asxc, robotic surgery, possible 10 kx company in my opinion, looks like it could be waking up after ernie's called cyril early.

In my opinion, pirates fku bigness. Would you love your opinion on ddd ddd check out iotx crypto, doing very well iotx iotx crypto, so the one i've been reading a little bit more about recently is loop ring uh just because of the connection with loop ring and gamestop. I've been really trying to wrap my head around um, the leadership team's plan, ryan cohen and co uh at gamestop of like really how they envision this nft marketplace and how they want to kind of get their own foothold into the world of blockchain and crypto. And specifically nfts um, so i was reading about those job postings, but it i don't know.

I think gamestop is being very, very smart right now, with this nft stuff and similarly related to the world of crypto amc, accepting it bitcoin bitcoin cash, uh, litecoin, ethereum dogecoin. They were asking the community about shebe uh. I would in no way be surprised if, on the earnings announcement they say we are now accepting sheep similar to the way they are accepting doge. I wouldn't be surprised whatsoever um, not at all honestly, so i like that.

I like them, accepting it. I would like them to take a bigger step into it. I see a lot of people talking about maybe special tickets like having those as nfts like being marvel, drops or maybe, if you do like very fancy popular movies from the past. If you sell those like, i think, there's an interesting way for amc to get into the world of nfts.

But i was really thinking about this and remember previously on national television. Adam aaron has said that he has had very light like more so in the realm of introductory discussions with ryan cohen, and then i was thinking. Okay, ryan cohen, is leading a company, that's about to build out its own nft marketplace, and it's building out that technology and all of a sudden. If amc just wants to get its toes a bit wet in the world of nfts.

I think that's the opportunity for them to maybe partner up before i've talked about gamestop and esports and like having esport competitions on the big theaters or the big screens at the theaters yeah. That's obviously still there, but now i think, there's an opportunity and i'm not talking in the short term i'm talking. Maybe this is something that needs to be built out and take some time, but i think there's a way that gme and amc can truly work together, and i see that connection being nfts uh keenan is great, but he's perpetuating false info 394 trillion was at least A misleading supply and 150 trillion got unstaked at worst in error. I only pay attention to berm uh.

I can't comment on it. Like i said i just don't watch those videos, so i don't. I can't like bad-mouth someone when i don't know the situation. Um you're gon na have to watch it and come up with your own conclusion.

Um, like i can't comment on something i haven't seen or watched or know more about. I just don't know the details of the situation uh. What was it 394 trillion was at least a misleading supply, and 155 trillion got unstaked at worst in error. I only pay attention to burn.

So. Are you saying that the 500 plus trillion is right that just like someone put it back into the supply because of unstaking? Is that what you're saying chelsea just to try to wrap my head around? What's going on prague, looking great, remember prague above 4, i think could get really interesting. This is saying in earnings of the 10th just so everyone knows so that would be wednesday of next week. So we have amc on monday and prague on wednesday uh crow, which i believe is crypto.com's own uh coin there all right.

I see more people talking about pl tk. Let me bring that up. Pltk. What's going on with this one, pltk uh whoa, huge gap down must have missed on earnings that fundamental development.

This thing got crushed. You do have some support at 21, but if it breaks below that it could keep going um. I just don't see any buyers on this um at all. I would not be trying to buy this at this moment in time too.

High of risk, uh fundamental driver down down down something bad had to happen. Evacs evacs a gap up sell-off, that's usually very bearish. Um, my first thought would be this gap-fill play if it can't hold a gap up. That means the market is not accepting the new price um.

I don't know if it's, i would bet. Eventually it's going to fill this gap. I just don't know of when uh io people more people have been talking about this one ion. I don't know why, though, doesn't seem to be that exciting of a stock? To me i had good earnings, but it's giving up those.

Once again. I would pay attention to the gap bill at 204 and i would pay attention to the gap fill at whatever this is 143, but in most yeah i in re. In reality, i just like wouldn't change or like mess with the stock b k kkt. This is looking good, so this switch from vih, which a lot of people talk to over the bkkt.

It's a digital asset platform. They just have a a new partnership announcement with mastercard and pfizer f-i-s-e-r-v um.