We hungry and i eat crayons every day with my friends, i think about kenny in his ivory tower shaking in these lily bones. As the stop breaking give us the fucking money, my sister's and my brothers, the fighters and the lovers. We don't need another fan because we huddled through hard times money moon gang. Welcome back.

I am so incredibly excited. It just feels like we're. Gon na have an absolutely insane day. Mama mama moon gang strap up.

There's going to be some hecticness, some insanity, some chaos. I hope you're ready to bask in it because it is going to be quite the day we're going to fit an entire day and a half just in this one day alone. It's going to be a lot of fun. We have quite a bit to talk about, and i know i only have about 30 minutes to kind of give you the layout of how the day like at least kind of the foundation of what you need to know of.

What's going on, first and foremost, what i see in some of the comments uh, it looks like some of our people who are maybe not in the u.s, are a little bit confused about why the markets are opening up an hour later than normal, a daylight saving. So if you're in the us, i hope you enjoyed your extra hour of sleep over the weekend, but for everyone outside of the u.s. That maybe is questioning why we do this thing: hey we're questioning it too, but at least we got an extra hour of sleep. So that's nothing really has actually changed.

It's just a u.s thing with daylight saving ending all right folks, lots going on today. I am so incredibly excited it's just as you're about to see there's so many signs that this is obviously just some crazy, crazy insane simulation and we happen to be living in one of the most fun timelines that you could possibly live in in this. Whatever we're gon na call it man wild wild things, let's hop into it, let me get some of the biggest things out of the way, first, so numero uno. Let's talk about the overall markets overall markets on friday to close out the week.

First week of november s p 500 russell 2000. The nasdaq 100 all hit brand new highs. Now over the weekend, i was pointing out how our politicians were working late into the night. I mean good thing that they're really just like.

Don't don't don't hurt your arm patting yourself on the back there like work until freaking 7 p.m, but they ended up passing the infrastructure bill. Not the spending bill. That's a different one. The infrastructure bill first passed the senate by a clear majority in august, and then it took forever and ever and ever and it finally just passed the house, which means it's now going to the president to get signed now with the infrastructure bill.

There are some, of course, pork barrel attached to it, because that's how our government works, they are unable to pass any cohesive thing at one time they have to throw like the most random things into it possible, and i will be diving into that in a little Bit but one of the things i want to point out about this infrastructure bill historically, when we see more money that can relate to roads and bridges and ev charging stations and that type of thing you're gon na see a nice benefit, usually in the overall market. But very particularly the russell 2000. So, with the passage of this, like i said last week, all three of the major indices we talked about here hit new all-time highs. I'm not talking about covid, i'm not talking about like some time frame, i'm talking about ever folks.

I am looking once again for the russell 2000 to not only gap up to a new all-time high, but to hit another and just probably continue upward today, because the companies that are part of this overall basket, the russell 2000, are most likely going to get this Nice windfall of money from the government so pay attention to that for the overall market. And now, let's talk about crypto crypto, crushing it crypto, absolutely crushing it. Bitcoin now coming in at 1.2, trillion ethereum number two at 570 billion, exciting stuff, crypto higher and higher and higher bitcoin. I mean i marked this out back on october 25th.

I believe it was. It actually might have been october 22nd. I was like oh okay. I think this is a buy and at first i was wrong at second.

I was wrong at third. I was wrong, but at fourth hey given enough time old, maddie boy was right there. I was just calling for the break out of 64 000 and i strongly believe now that we've broken out and we are clearly holding it's been about 12 16 hours. I do believe we're at least gon na see a test of the current all-time high bitcoin.

Currently, trading at 65.5 also ethereum hit a new all-time high. 4 800. i've been beating the drum of ethereum and utility coins for months now, ethereum solana, cardano avalanche algorand, so so many money-making opportunities. I am most heavy into ethereum solana and cardano.

I do have some algorithm, i'm gon na buy more and i don't have any avalanche, but i will be buying some of that, but not only from my initial investment, but also just from now the gains ethereum has become my largest crypto holding um. For the longest time, it actually was bitcoin uh, but with this recent run it it's just the percentage gains and what i have like. It's just been absolutely crushing it. One thing that you need to know about this when i talk about utility coins, remember think about bitcoin as a store of value.

It is digital gold. So when we're talking about the markets right now, inflation i mean the expectations for october is the largest spike in cpi consumer price index. Things are going up, everything's more expensive gas, oil bacon, sugar coffee. If you can name it it's more expensive and with that, we're actually expecting that cpi consumer price index to go up more even in october, when those numbers finally come out.

So that's a strong, strong argument for bitcoin: it's a hedge against inflation. Well, you have a whole another subset of different blockchains utility that give us nfts uh d5 daps. All these things and ethereum is the leading one within that world right here. Ethereum, so bitcoin store value, not really a utility coin, but then we have ethereum.

We have solana coming in at number four cardano coming at number six. This technology is beyond impressive and i wholeheartedly believe that is the direction of technology for many many years down the road, and apparently i'm not the only one. So this is very specific just to nfts non-fungible tokens. If you want to know what that's about, i have a video explaining that just search macquarie's nfts, but basically it's that digital art right now there are various types of nfts, but most of them are backed by aetherium.

It does have the first mover advantage. There was a gigantic conference in new york. Over the past weekend, uh some 5 hundred tickets were sold uh three thousand. That was the space.

It was huge, it was a huge huge conference, and this is the one thing i just wanted to bring up um. So shout out, if you actually went there um, i'm sure someone listening here ended up in new york to listen to that uh, very, very cool stuff. But you just see nfts are here to say crypto's here to say: blockchain technology is here to stay. I'm very very excited about the future of all of this newer blockchains such as flow.

That's what the nba top shots are built on avalanche, that's the one i brought up that i want to buy and sauna, and now we're competing to offer lower price transfers and attracting more nft action. So right here, one of the biggest issues with ethereum is it's a little bit slow, but really the fees are incredible: uh, the gas fees, that's what you pay to do any of really the actions on the ethereum blockchain, it's very, very costly! So that's starting to turn some people off, so you have something like solana, that's cheaper and it can also do more transactions, so you have ethereum in the realm of 15 to 45 ish transactions and then solana, for that same block is going to do 50. 000.. So it's ethereum, it's it's the king right here it is currently the king and things will be improved when it rolls out with ethereum 2.0.

But in the meantime, from a technology standpoint, there are very other interesting competitors such as solana, cardano avalanche. I don't have flow. I'm a little bit more biased to the other ones i listed, but overall huge fan of it very exciting to see where this is going and speaking of technology. One thing i just wanted to bring up is interoperability um, it's this word's a mouthful for sure, but what it means is that basically um, very distinct blockchains, so you're talking about something like solana and polkadot actually being able to talk with each other, because right now, With that first mover advantage of ethereum all these nfts are built on ethereum, that's the blockchain, but technology is going in a way that people are starting to care about interoperability, which allows different blockchains to actually interact with each other uh.

So, like i said, solana, polkadot cardano is definitely making that a main aspect of their blockchain, so pretty cool. And of course i don't want to go on too far with this. But don't forget about the metaverse. Don't forget about nfts nft marketplace makes me so very.

Very excited about gamestop and where gamestop's headed um, in fact, if it properly makes its debut into the world of crypto with this, i think it could vastly overtake just even its game revenue like it's game, reselling revenue. I think there's that much potential in the world of nfts and specifically crypto in a more general sense, but i do want to talk about one thing that got snuck in with this infrastructure bill. So remember: infrastructure bill. We have things like caterpillar doing really well iwm.

Looking to go higher, it came in at 1.2 trillion and it's been discussed for quite a while now right, here: 550 million in new funding into transportation, broadband and utilities. So look at iwm look at things such as caterpillar. All should be doing pretty well today, but like i was alluding to before. They always like to sneak things in it's pork barrel.

It's how u.s politics are done, and it is incredibly upsetting house sends infrastructure bill with crypto tax provision to u.s president. This is just one of the weird provisions that people are starting to point out that you're like what. Why like? What? How does this make sense? Let me just give you the the high details. The us house of representatives voted to pass a bipartisan infrastructure bill that contains a controversial crypto tax reporting required.

The senate originally passes back in august and obviously the house just passed it, and it's on the desk of the president, probably as early as today. Waiting for his signature, the reporting requirement would see brokers report transactions under the current tax code. This is where it gets a little bit interesting industry proponents worried that the definition would be too broad capturing entities like miners and other parties that don't actually facilitate transactions. The law written nearly 40 years ago - hey that makes sense because you know, let's, let's use the law from four decades ago - that's going to talk to a technology.

That's really getting like full steam ahead now apply to in-person cash transactions. Over 10 000 essentially requires recipients to verify the sender's personal information and record their social security number, the nature of the transaction and other information and report the transaction to the government within 15 days. Now. This is where i can feel my hair start to go gray.

So right here you me if you're dealing with nfts with crypto, if you do anything over 10k, apparently you're now gon na have to report this transaction to the government within 15 days. You know what i find particularly funny about. This is according to the stock act written in 2012. That's it's supposed to stop government officials from insider trading which we obviously know it doesn't because right now, pelosi's outperforming the overall market to a degree that you don't even want to like look at because it's going to make you disgusted they uh.

They have 45 days to report according to the stock act and then when it actually goes public on the database, that's another 45 days, so our government officials from the time they do something until we see it as the public there's technically a 90-day window. But you and me: oh man, oh man, oh man, if you buy an nft and you make some money and it's over 10k, you have 15 days or check this out a felony, a felony, unlike other tax code violations. Violations of this rule are a felony, and some lawyers have pointed out that applied to cryptocurrencies and other digital assets like nfts. The law could be nearly impossible to comply with so we're in this situation, where, if you make some money on crypto, because you took a bet on technology and it panned out.

Well, if you don't report that if this becomes a law in 15 days, that's a felony. Our government, on the other hand, basically has a 90-day window until theirs come out and they commonly break that and what happens when they break it. Absolutely nothing. Why? Because remember? The people who enforce that the sec who pays the sec, our government, their funding, comes from congress.

You think they're really going to bite the hand that feeds them it's absolute lunacy. What is going on with all this, and just so you know, the treasury department still has to explain how it plans to interpret the bill and publish guidance, spelling out how businesses and other entities will have to comply with it. So to wrap this all up government once again proving to its utmost ability how big of a piece of shit it can actually be moving on tesla, slides, five percent after musk proposes sale of ten percent of the stock. I'm going to be talking about this, but let me just circle back to it: uh, on the coveted front, regeneron's coven, antibody therapy shows long-term protection.

Hey that's cool! I like that. If you want to check this company out something to speak about appeals, court freezes by to mandate, u.s lifts travel restrictions so, as of today november, 8th uh international travel is now easier, we're finally getting some of these uh restrictions lifted. For i guess, what's considered to be non-essential travel, but one thing also on the front that i want to talk about is so. There was a mandate that i believe, a company if your company has over 100 people, that the vaccine was mandated well, that rule is now actually going to be held up in the federal appeals court and it's kind of interesting.

So the judges from the court talked about this mandate and i have the quote right here: grave statutory and constitutional issues with mandate, so the judges actually having quite a few issues with the mandate. Obviously i'll keep you updated on it, i'm not a judge, i'm not a lawmaker, i'm not a scientist. This is not my domain. My domain is to express to you what's going on, not to tell you what's right, what's wrong, it's more of to interpret it through the lens of the stock market and what will or won't be impacted.

I want to bring this up because if it's not mandated the companies who are making a lot of money off of these shots, such as pfizer, moderna, johnson and johnson, obviously, if it's not mandated, i don't think that's going to be a benefit to the stock. So i'm looking at it more through the lens of the companies that, like this, is going to impact rather than the social, political, scientific implications of what is being said here just so we're all. On the same page, we got ta talk about it. We got ta talk about elon, musk or aka for the day, maybe the week known as lord edge, so on november, 6th much is made lately of unrealized gains being a means of tax avoidance, so i propose selling 10 percent of my tesla stock.

Do you support this? 3.5 million people have voted and it's roughly 58. Yes, 42! No, and if i'm being completely honest with all of you, i don't think this has anything to actually do with it. Uh whatsoever uh and i'm i'm gon na explain what's going on, but from obvious, like a very obvious thing: tesla just hit a new all-time high uh talking about its evaluation right now is very, very lofty, so even if he wants to lock it in and he's Doing it under the kind of this i don't know almost like smoke screen here of, like hey look, i i hear people are mad, that billionaires aren't paying. Should i pay some and ten percent? I believe that's about two percent of the company we're talking about 17 million shares, which would also be about 21 billion dollars, which could come up to about 6.7 billion going to the government, which i mean i i don't think i've been like kind of secretive about These feelings, but i just don't think the government's good at spending our money like i would rather the money in hands of people who can use money efficiently, rather than absolutely piss it away.

But i really don't think this has anything to do with him of, like. Oh okay, i'm gon na hit back about this, like billionaires, tax thing and i'll, be explaining all that in a second but hilarious. This is absolutely hilarious, so ron here just so, you know who he is u.s senator from oregon senate finance chairman, so he quote tweets it whether or not the world's wealthiest man pays. Any taxes at all shouldn't depend on the results of a twitter poll.

It's time for billionaires income tax. This is where the internet broke. Yesterday, elon aka lord edge responded. Why does your pp look like you just came.

This happened a man worth over 300 billion dollars, responded to the senate, finance chairman. Why does your pp look like you? Just came this happened folks. This absolutely 100 percent happen. It's it's insane and he's from trollheim.

Now he changes the location he's obviously just trolling him. He completely annihilated him, the humor in that it's so wild this is, he should have his own stand-up special. I feel like netflix should just be going through elon's tweets and just screenshotting them and play them. I don't know in some music in the background and we'll just read this.

This is so wild. The world's richest person running a top five, sometimes like a top three company with many other companies. Huge amounts of influence, basically just told a senator, a very powerful senator to f off hilarious, absolutely hilarious. So my thoughts on this in general of, like i said, coming back to the start of it tax avoidance, this billionaire's income tax, the billionaire's income tax, referring to taxing unrealized gains.

I think it's one of the dumbest things possible. I truly do um, i'm not here to stand up from billionaires. I think they can stand up for themselves. It's just there's no point in history, where they've levied a new tax and they're like okay cool, we got the money, we need we're going to stop it.

I would bet any amount of money in the world if they start this. This unrealized gain tax. It will trickle down to everyone, it might take a couple years. It might take a couple political cycles, but i guarantee that it will be extended to everyone within the u.s all of a sudden.

So it's more of do i care about this billionaire thing, particularly no, not really i mean we just passed a 1.2 trillion dollar infrastructure bill, we're talking about a 1.75 1.85 trillion spending bill d is 6.7 billion in taxes really going to move the needle on that, But anyway, before we get into that, i just i'm saying you can't give them this inch because they're going to take the entire mile, i swear. If you give them enough time, they will tax everyone who has unrealized gains um and really i'm just hoping that pelosi is one that stands up in front of this and says no way no way. I have too much unrealized gains. I can't be paying that stuff.

So maybe she'll come through with us, but anyway i think there's a little bit more going on in the background here, um. So, first of all, right here, uh on november 5th, on friday his brother kimball musk sold quite a bit. This is the sec filing and you could check this out here right here. Kimball musk, he sold 108 million dollars worth 88 000 shares, so something else is going on.

So you see his brother selling a bunch of stock. Then you see him trying to figure out some sort of narrative where it's acceptable. He's like hey yeah twitter, told me to sold. I guess i got ta, i got ta sell, so you do see some very, very interesting developments there.

His brother's selling he's obviously strategizing of where he could sell, but he doesn't really lose his for the people type of a persona and when i really think about it at first i was like okay. He knows it's overvalued. He knows his company is overvalued. So he's trying to lock in some money, maybe he's waiting for uh some form of a sell-off where he could buy back more, maybe he's trying to convert the money into another asset such as bitcoin.

We know he's a big crypto fan. That was the theory of meet kevin. He was tweeting about it, that's an interesting one. Actually, when the stream started today, i saw a new theory.

Come in elon musk faces a 15 billion tax bill, which is likely the reason real reason why he's selling stock elon musk faces a tax bill of more than 15 billion in the coming months on stock options must ask his 63 million twitter followers over the weekend. Whether he should sell 10 of his tesla holdings, the looming tax bill makes a sale of tesla stock this year likely, regardless of the outcome of the twitter vote. So i i do think there's secondary reasons to this. I don't think he's like legitimately just going through on twitter and, like hey, i heard about this billionaire attack thing um, whatever the real reason is at least it gave us a moment of comedy um, as you can see with tesla today it's down it's out.

It closed out on friday at 1222, we're right now at 1, 160. Obviously a gap down i'm seeing some notable support between 1000 and 1080. I think it's real a real chance that tesla could get there, but in that occurrence remember it's now gapping down and there's always that statistical edge to a gap-fill play. We just have to wait for buyers to actually show up might happen today might happen next week.

Might happen in a month or maybe even more time, but there is a statistical advantage to playing a gap fill we need to talk about some earnings, other big movers. So today, before the market open, uh coty, i believe that's a makeup one and then after the market closes today, uh paypal, roblox lemonade, that's an insurance one virgin galactic smile, direct club, but i know a lot of you listening right now. You care about amc and of course we will be talking about that, but just so you don't tomorrow, before the market opens palantir workhorse after the market closes. Coinbase got moved from last week to this week, so it's neo coinbase, um and win.

If you are watching kind of the gambling sector, i know there's been some movement with draftkings and pan national gaming uh so far on wednesday wish affirm. I know people are talking about that beyond me. Uh prague p-r-o-g. I know a lot of you listening care about.

Prague, so that's after the market closes on wednesday, and i believe those are all the main ones, but for today, particularly we got to talk about amc. Amc is reporting it's q3 earnings after the market closes the the report, the announcement it all comes out at 5, 00 pm et. I will be streaming it from this channel if you want to hear it live and my breakdown of it after this is the place for you to be, and just so you know in case you cannot make that live stream. Here are the expectations from nasdaq wall street expects amc to lose 53 cents per share on a revenue of 717 million dollars.

This compares to the year ago quarter when it lost 570 per share on a revenue of 120 million dollars. Obviously, this is a tenth of the loss and we're almost what six xing 6.5 xing the revenue for the full year ending in january. The loss is projected to be 281 per share compared to a loss of 39. A year ago, while full year, revenue is projected to rise, 93.3 percent year-over-year to 2.4 billion dollars.

So what you need to going into this, the two key numbers are right here: we're looking to beat this. We want either to be in profit, which i think the chances of that are pretty low, but maybe a narrower than expected loss so they're expecting a 53 loss per share. We want that to be a smaller number closer to zero closer to the positive uh range, and we also want a revenue uh, hopefully exceeding 717 million dollars. So those are like just the pure numbers, but beyond that, if they can give us any idea of where their liquidity liquidity's at you know, at the end of q2, we knew they had 1.81 billion in cash and then, with their revolving, credit, was up to 2 Billion in liquidity did they increase it? Did they decrease it? Are they buying more um? There is kind of rumors through the grapevine that there's going to be some sort of big announcement, so those are the key numbers you care about, but also you have to get the gist of their guidance like what are they talking about coming forward? So, for example, just this past weekend, eternals came in um.

It didn't do as well as people expected it to, but it was still a top four pandemic era movie release. It took in 70 million 71 million over the weekend uh i i haven't seen eternals. Yet i just didn't have the time i will be watching it obviously, but with marvel they're killing it, they have all these other movies. We see that uh cinemark did really well.

I am definitely expecting a beat, and these are the specific numbers we're listening to. But beyond that you have to listen to the the verbage that they choose to use expressing their guidance moving forward, but for all that once again, 5 p.m. Et today i will be streaming it. So i'm doing this stream we'll have the power hour stream, we'll take a little break and then we're going to do a s.

A special q3 amc earnings announcement stream uh starting right before, like 15 minutes before i thought i just wanted to bring this up, because this is from nasdaq so official website. I just thought this was really interesting. The company has executed in a manner that now eliminates any prior thoughts of bankruptcy. Suggesting amc is now more than just a meme stock.

No, that might just seem small because, like a lot of us we're on the same page with that, like the meme thing, it's a little bit more of a derogatory term, it's just i like to call it a boom um like that's all it is. It's a moon stock like a stock that has a crazy potential within it, but i want to point out that it's kind of a big deal that literally the nasdaq like their official write-up, is actually on board with that. Now to me, that's kind of an interesting development that, like some of the bigwigs, are saying whoa like this thing, is it's not going anywhere? This isn't just a fad that was there for late may early june, and now it's going back down. Obviously, amc is here clearly to stay and even the nasdaq is kind of hopping on board.

With that thesis, i thought it was worthwhile to point out to all of you now for today, particularly just so, you know where ortex is at early this morning. They've already borrowed 285 000 against amc for a net return of 320 000.. Estimated short interest is 16.6 utilization, 86 shares on loan 103 million in terms of gme already net return of 24 000 kind of small estimated short interest. 10.2 pre-market trading.

Very interesting people are excited for the earnings. Uh amc is already up point nine percent and then, let's just quickly, show you gme right. Now it's pretty much breaking even trading at 213, while amc is at 42, 44. tesla tesla right here, still looking a little bit sick still selling off a bit but lucid, on the other hand, is looking very, very strong, lucid closed out friday up 12.6, and today It's already up an additional 5.5 percent, lucid trading at 44.

um. We were talking about this in the second half of last week. I'm bullish on lucid. I think the gap-filled play is still a very real scenario and at this point lucid my biggest assumption right here.

Oil's still high still above 80 per barrel, tesla people are being a little bit weird about it right now, so i think people are moving their money, their ev bets from tesla to lucid just on their recent craziness of elon, musk and co, and everything that's going On there um back on the elon thing, i really do believe that this is gon na, be a one two three day event, i think people are gon na, be like okay and we're gon na like move on with our lives um. I i don't think this is gon na, be a lingering thing like elon, and his tweets are no stranger to putting out bombastic comments having a huge influence, whether on tesla, which could lead to impact on the s. P 500. The entire crypto sector, through doge through bitcoin through shebe, his his words, carry an excessive amount of weight.

This is not new news. It's just another iteration of the same just um, almost like power and influence that elon has proven himself to have it's absolutely crazy. In terms of the overall market, like i said, we hit an all-time high on friday, nasdaq 100 hit an all-time high and then right here are we gon na gap up if it holds at this level, the russell 2000 will gap up to a new all-time high, Which i was speaking about earlier on and that's just very much going to relate to the infrastructure deal so overall, some crazy stuff going on amc. Looking good gme, i don't know, if there's really any particular drivers for today amc the driver is the excitement for the earnings announcement.

Tesla the driver there is elon. Lucid can be related to tesla the overall markets, it's just seasonal strength, plus the infrastructure deal and then, of course, just crypto. We have this breakout just ripping higher and higher and higher ethereum hit a new all-time high. Over the weekend, we had solana hitting a new high at 260..

It was right before the weekend um. She right now hanging out at 56. I'm just watching this trend, this top trend line. I'm looking for sheep to break out above that, but overall, no matter how you dice it up quite a bit of opportunity quite a bit of opportunity and with that, as the markets are about to go ding, ding ding.

Let me get some of your questions ready because it's just easiest to let uh the market kind of breathe for those first couple of minutes, especially with whatever volatility we're about to see today. Uh, it's gon na be definitely a volatile day. Uh should be some exciting stuff loop ring bro, i'm in loop ring. I bought it because of the gamestop connection.

I i still own gamestop, i'm excited about gamestock. I think they're going to be i'm fingers crossed, hopefully they're very successful in the world of nfts and can expand upon that and we just know their connection with loopering. So i bought some of that last week. Us i don't know who this name is, but someone said: hey, babe, hey, ding, ding ding.

The casino is open, mary d becoming an astronaut shout out mary uh. What about the binance network chain? I i don't really track that one. I know it's high up there on coin market cap, i just don't own any personally thoughts for the shower for every keyboard, warrior knucklehead, there's a hundred people who appreciate your dedication and knowledge. Here's to a great week, nick, that's so kind um yeah.

I've noticed that, like the negative nancy's keyboard warriors are kind of the loudest people and i don't know, i think, that's just like kind of a function of their brain. I think a lot of you are in here you're, like okay, cool uh. I like this kid's, dumb jokes: i like how he's explaining things about the market and you listen to it and you move on with your life. I'm sure there's a lot of you right now who are commuting to work, maybe you're up early you're, getting the kids ready for school or you're at work, not listening to your manager and you're just here to talk about the markets here.

What's going on with elon his brother crypto, and i i consider a lot that kind of subset of you of like okay or maybe you're active traders and you're just like hey, i want to listen to someone who's, also watching the markets right now, um a lot Of that makes sense to me - and i think a lot of you are just more - i don't know almost like reasonable human beings, but then you have these people. These keyboard warriors who think they're. Every thought of theirs is like the best thought ever and they need to share it with everyone and they have to start drama, i'm so incredibly tired of all this, like social media drama. That is just it's comical.

How much i just don't care about! It thought all right: we did that. Why is cardano stagnant worth, holding thanks, matt um, so stagnant? I'm i'm myself a little upset about that. Just because it's not really making sense to me. In september, they rolled out with the alonzo hard fork.

They have their smart contracts on a proof-of-stake model uh. It's just. I think it's just paint editions. I mean cardano's still up there.

It's still what like a top 10 crypto and still a top 10 uh market cap based blockchain patience, i'm not getting out of mine. I mean all these utility coins i'm very, very much looking to hold for quite a while amc. Just so you know from a technical perspective, it's above 42, which is kind of the first breakout, but we almost gapped above that. The next watch is 4440 44.50 right.

In that zone uh this thing is looking hot. Today, amc is looking good, the spy is looking good, cues could do better and, like i was talking about iwm new all-time high. This was the as the infrastructure when that got passed. This was such a layup of a trade um.

Hopefully, you made some money on it, or hopefully, you're make like actively up making some money now on whatever you happen to be in, but um the infrastructure, and it just relates to the companies that are in this basket in this particular etf, etf exchange straight and Fun, i think it's easiest to think of it as just literally a basket of stocks, all right amc just tapped 43. Once again, that's obviously exciting amc is up, but i'm telling you the number we care about is 44. 40. 450.

That's the breakout level! Um, green is obviously good, but we want it up in this zone right here, it's where it was rejected on november 3rd, it's where we have previous resistance from mid-october, and it's also this trend line. Yes, green is good, but it comes down to this right here. Um, so let's just see how things really really play out today, but i would love to see it about a dollar 30-ish higher. I think elon's plan is to dump doge make a lot of people rich, then invest back in tesla.

Oh it's to pump doge um. I don't know i i think he cares more about bitcoin um. I i kind of think there's some accuracy in me kevin's comments about it of how he could literally be trying to get those billions of dollars and, like he himself just buy more bitcoin. Like maybe he's like, i just want more of my own wealth invested in bitcoin um if he were to quote unquote pump a crypto.

I think at this stage in the game, he'd be a bit more excited about bitcoin and, what's going on remember there are many. Many people thinking that bitcoin within this current cycle could hit a quarter mil and ethereum hit like 22 000 and by the end of this year, we're talking like eight short weeks. People are looking at bitcoin at 100k and ethereum in the realm of uh. I'm trying to think of what it was by the end of this year.

It was definitely over 5000, which doesn't even seem that impressive at this point, because we're already at 4 700. So the prediction must be even higher. I mean by ethereum, looking absolutely great uh. His own stamps special are you trying to get me unsubscribed speaking as a former sin up now, a company head stand up way harder.

Well, it wouldn't be stand up. It would just be netflix showing his tweets with like some music in the background. Uh keep eye on mma t, also just announced by td and robinhood that earnings will be after ours today could be explosive amc, mmat2. What's going on trey subway cup, yes to the moon, what's your thoughts on the vix moving in the same direction as the markets last friday um it just means that the markets had more volatility which it tracks it doesn't have to move it remember.

Vixx is not it's not a derivative, that's meant to perfectly move inversely of the market. The vix is literally the measure of volatility of the s p 500., because of that it does commonly move inversely, but it doesn't have to vix is in no way saying hey. I have to move opposite it just measures, volatility and typically there's more volatility when the market's selling off. But that's not a rule with elon cell remarks.

Are you looking at tesla puts any predictions for the week uh, no with tesla right now. It's just pure insanity and i don't really feel like. I have a particular edge in the play uh. So i don't have any options, but i still have my tesla shares, but that's also just because i'm a long-term tesla investor, so i'm not doing any active swing.

Trades on tesla whatsoever, just because i want to see how people, i guess feel about this news, thoughts on amp coin and conspiracy theory, this move elon made will cause amc and jimmy def and finally tesla um, that's a weird concer. I i don't think elon's comments have anything to do with amc or gme. I think sometimes people's tinfoil hats are getting a little bit too tight. I didn't even know there was that um conspiracy theory out there and i don't really have many in-depth thoughts about amp coin.

Keep going with the info. Go apes! What's going on prowess, can you check dcph real quick and gap needs to be filled all right, dcphdh i'll check that in a bit uh, what's your thoughts and who do, i think, bought 20 trillion sheba um. So i know the conspiracy with that. One is that it's actually robin hood getting ready with their own kind of like pool of tokens uh.

Actually, i should say, coins for their users uh. That's an interesting theory that i think could actually be right, um, but i guess time will tell tommy pfcg pfcg. You think that they make amc's popcorn uh kinky kong. I i can't confirm or deny that, but that's an interesting play.

I like how you're thinking about it x, blades. Thank you for that diamond brendan burns, boo prog still on the event horizon. Yes, remember after market closes on wednesday, prague will be reporting, xr doge to the moon and runs on xrp ledger, hey mark. I know you don't particularly like playing crypto miners, but i want to play mara for this.

Btc run. Wear support all right, we'll write down mara as well. What's going on elijah, you have now made it my life school to produce that special and make you watch it. While others watch you watch it just so.

You can realize what a horrifying notion that is brendan. If you make it, i will watch it. Uh tesla. 911 gap on the daily sorry, my tinfoil hat was too tight.

Tesla i mean the gap i strongly believe will be filled. It doesn't mean that it necessarily happens in the immediate future. If there's a general market sell-off everything's high, it needs a breather and i'm not saying that the breather has to happen today or this week, but eventually the cart is obviously in front of the horse. I don't think many people are denying that um, but that also doesn't mean that it can't remain that for a bit like eventually reality catches up, but it doesn't have to catch up like instantaneously.

So, right now, just wait. Wait wait make your money, while you can whoa look at the spy right there whoa that was, that was jumpy. That was very, very jumpy um um anyway, things are very expensive, we're, especially with what's going on inflation. The fed now doing its tapering they're kind of taking their foot off the gas we we're going to run into some period of where the overall market and individual equities take a considerable breather.

I'm not here to say doomsday or anything like. I think that type of fear-mongering yesilli, it's just more to point out really the obvious and don't forget that you can make money in any market environment. I started my robin hood to public transfer thursday and appeared in my public account saturday, just a heads up. If anyone is thinking about transferring so, my second transfer has now failed once again and now with two failed transfers from weeble to public, i'm just gon na.

Do it manually what i'm gon na do? Is i wired money and what i need to do is what's gon na happen, i wired money into my public account and i'm going to simultaneously buy all of my amc and gme there. While i simultan simultaneously sell my amc and jimmy on weeble just so i'm to the right amount and actually with amc, i think i might buy a little bit more because of the earnings. If the money comes through today, um and then i need to take money out of weeble, so i can still pay my bills um, but so i'm at the point where i have two failed transfers. I just need to do it manually, and i know that triggers a tax event.

I just don't particularly want to keep my amc and g mean weeble anymore. I want to keep it on public, where i know that my loaning is turned off, i'm just a little bit more supportive of them because they don't deal with any market makers, and i'm also just frustrated that my transfers have already failed twice. It's very infuriating all right, gme catching a little bit there, uh 216. gme the level.

So the way on amc we're watching 4440ish on gme, it's kind of 225 would be an interesting movement. Tesla coming back around lucid up 6.57 percent, we're seeing some opportunity we're seeing. Definitely some opportunity spy sold off queues being a bit weird iwm, all right. Let's get lucid back up there, prague holding out at 360.

bitcoin 65 ethereum, 4700 uh so for market open crypto's been selling, but that's a very short time frame to be looking at crypto. Just to be very clear about that one, i know there's a lot to watch today, but can we get gme on the charts? I would like to the same thanks mark yeah. I have no issue keeping it up if it's moving, if something's not moving and it's not trading and there's no volatility to it. I can't like sacrifice one of the four squares that we have um so as long as anything keeps moving like literally, if any of these start to like lose momentum or getting low volume and not moving well, it's just kind of boring.

We got to keep the like the moving things up on the screen. Uh loopering is now almost at 180.. Man wait. What did i get into it at you, guys, uh? If you were listening on friday or thursday? That's when i got it and just so you know you could get it on coinbase.

I don't know what my average on loop ring is loop ring loopering loop ring. Let me do this quick, math loop, six ring by that doesn't seem right, and that's because i did my math wrong. I got in at a dollar thirty six, a dollar thirty, seven uh, so loomering being interesting. Loop ring crushing it uh.

So i got in right about here, like i said uh, it was like friday or something or it was this friday yeah. I got in around the high 130 mid 130s, a dollar 36 a dollar 37. So i got in around here and obviously that one's paying off - that's nice, hey! Sometimes you get lucky with it. Uh, i'm just a to me man, this crypto, i'm just so excited about the world of crypto and i'm particularly excited that game stops getting into that world um i i know so many people are when it comes to gamestop.

People are right now really talking about drsing they're, talking about the shorts not covering from january they're. Talking about a myriad of different things very legitimately. What gets me most excited and why i'm most confident in my reasoning and my thesis for gamestop right now is actually the pivot into the world of crypto nfts, the metawars metaverse a particular marketplace to compete, hopefully with something like openc. I just see it as potentially a multi-billion dollar opportunity um and to me, like it really is ryan cohen, and the leadership team has clearly strengthened this thesis the fundamental thesis of gme.

I love that they're pivoting away from just selling video games. I think that's a smart, smart move. I think they use the black swan event to permanently improve the trajectory of the company, and it makes me more and more confident so i hope they. We know that they have those eight positions out there, like the job offerings.

Um so hopefully they get those filled rapidly. Hopefully those people perform well. Hopefully they can build it out. Even more um gme is essentially rapidly becoming a kind of like a crypto play, not like a full-on crypto play, but um definitely strongly related to crypto, specifically nfts, and with the name recognition and the strong fan base that that's a dangerous combination.

And then, even with amc, i mean we, a lot of people have been talking about nfts and i think adam aaron has even said: hey. It's like something we're kind of looking at maybe um, but even clearly they're talking about crypto too, because bitcoin bitcoin cash, ethereum, doge you're, talking about sheep um, the fact that both of these companies and i right now. Obviously the crypto movement is stronger on gamestop, like we can't say like. Oh, it's an equal step into it for both of them.

Obviously, gamestop has taken a more intentional, bigger step into the world of crypts, though, but that doesn't mean amc can't in the future. It's already it's taken some baby steps, and i like that, and i think it's a strong move and i hope they both continue along this journey. Yes, loop ring is on coinbase, so loopring is a blockchain, that's involved with gamestop, and this nft work. So and if you want it, it's uh loopering.

You could check it out on coinbase. Have you looked at sdc? Its earnings are also later so. I know its earnings are later uh. I haven't looked at it yet today i know we've been tracking it slowly.

Surely i'll put that on the list. Uh we'll start summoning it out here, tesla's, getting a little bit boring but remember loopering is not a company. It's a crypto so, like don't think you're like searching in equity, if that makes sense, just so we're all. On the same page, there, oh very, very quickly, if you haven't already, if you want to help me with the moon gang and the kind of the algorithm and all that stuff, if you could drop a like, that would be much appreciated and don't forget to join Up with the moon gang by hitting the subscribe button liking, subscribing are completely free and with all the effort that i put in it's honestly, the only thing i ask for because it just helps get this video in front of other people.

So if you really want to help support me, you do not have to spend a single cent um just like, and subscribe is literally the only thing that i ask for, and i appreciate it if you are not on youtube and you're more of a twitch person. If you want to hit that follow button completely free, if you're more of a rumble person, because you're anti-big tech, if you want to hit that royal rumble button, also much appreciated, it means a lot to me. Thank you all right now. Let's start all right, so lucid, still running tesla bending back around.

Let's quickly go through some of these requests, dcph dcph whoa pharmaceutical gap down something had to happen. There had to be some sort of big announcement uh. I wouldn't get into this right now. A huge gap down in pharmaceuticals typically means it.

Did it had a failed test? It didn't get fda approval, it lost a drug, something along those lines. I would assume with something like that that the company is fundamentally changed. Uh. I don't know if i would want to be like oh okay, a gap phil played back up because there's most likely a chance that permanently the fundamental aspect of the company is now different, uh, so you're going to want to look into what happened between the fourth And the fifth pfcg shout out: kinky kong, uh pdf, gc performance, food company, so you're thinking that this one is the popcorn creator for amc.

Honestly, that's a crazy! I love your thesis. I really do that's um, that's a very good example of how really all of us should be thinking outside of the box. You hear an announcement, you think about its implications right there, you heard about the announcement that amc is going to be getting more into the world of just popcorn sales beyond just their theatrical popcorn um, seriously gold star to you kinky kong. I love that thought now.

I don't know much about this company: are they only making popcorn do they have many other things? I'd want to dive into it, but you are 100 on the right path and from a technical perspective, the risk is at 45, which is acceptable. It's trending at 47.78. If you get this movement above 50, though, i think it becomes more interesting, you might be getting a big cup, but i would want to dive into it. Learn a little bit about the leadership team.

What else do they sell? What are the profit margins? How much were they impacted by the rona there's various things i would want to know, but um your initial thought of even considering this uh seriously gold star uh. What else do we have uh tesla? We had to that sdc. They are reporting not the best chart right now: lower highs, same low uh, you're gon na want five dollars to hold, and hopefully the breakout above six right now i see this as a non-play just because, yes, support is close, but i'm also not seeing many buyers. So with it, it's a patient play if it wakes up and gets above six and breaks out above that resistance could be very interesting um, but i don't know right now, something like lucid.

I find to be more interesting. We've been watching that now for about a week and a half two weeks lucid, crushing it lucid, is up 11.6 percent. This is amazing, i think chargepoint's also having a good day. I was reading some stuff about that.

Oh a gap up, but it's not holding now um. So it's still up charge points up: nine percent, but exclusively based on the intraday price action. Obviously lucid's, looking a little bit stronger like just this is up up in a way uh. What else do we have riot uh, so some people were also asking about riot and mara, so these are crypto miners ryan's having a good day 16.

Why is it having a good day? Well, bitcoin and ethereum are ripping to kingdom, come um, so with it. If you want to play options or not even options necessarily like if you're just trying to get some exposure to crypto and you don't necessarily have any ability to get crypto directly, um yeah mara, riot they're kind of the head honchos in the world of crypto mining. I'm not the biggest fan of it. Just because not only are you betting on crypto but you're betting on the intra business competition between companies such as riot mara, hutt sos the list goes on and on and on um, so to me, you're, taking on an extra risk, that's not necessary, like i'd.

Rather, just get crypto uh directly and it's it's super easy to sign up for a coinbase account a gemini account if you want voyager it just download it. Where is it right here, download voyager put in that code matt21 as soon as you trade, a hundred dollars of any crypto, you get an extra 25 of bitcoin um, it's good in the us and 49 states, excluding new york, if you're in new york just know That your government hates crypto and they also probably hate you um for wanting to trade crypto. But beyond that, that's why you use coinbase. That's why you use gemini.

Those are the three i personally use um. There are other good ones: binance uh kucoin, uphold gate io. Those are all ones that i know a lot of people are on, i'm not particularly on it. All of my crypto needs.

Besides getting ripple, are fulfilled by some combination of those three voyager coinbase gemini, i'm on those three i actively use those three. I'm a fan of those three um voyager probably has the best ui. The best ux um has also really good interest payments really good interest payments. Where is that uh right here? Uh? Some of these rewards the interest uh bitcoin 5.75 percent uh ethereum 4.6 chain link.

Uh really good payments for just letting it sit there. So i'm a big fan of that um might as well make your money work for you um. So i prefer those for crypto, but i still do admit that there is a money making opportunity right now with crypto going wild uh with riot mara. I wouldn't necessarily go into the smaller miners, just because they're not as well established.

They don't have that same name. Recognition that riot and mara do for me personally, if i'm going to play a minor, i kind of like a-n-y any sphere 3-d just because that also has a really high short interest. So you might if crypto goes up, it might trigger some sort of uh momentum based off of the shorts covering. So that's an interesting thesis of why it's a little bit different um, but with it if it comes to crypto right now and you're going long like if you play it right, you're, probably going to end up making money at least that's what history thus far has Been showing about it, hey matthew.

You were totally right last time about your prediction for sndl. Where do you think it's uh facing now having a huge position there, so sndl uh? I am bullish on the marinara industry, but right now the entire industry is boring. It's spiked it's sold off and now, if you look at sndl um, what's it hide tilray mj, the etf, all of them? It's just sitting we're waiting for like legal action, legislative action, we're looking for a bill or a law that federally legalizes marinara and this one. I don't really think it's much of a technical play.

I don't think it's much of a fundamental play. It's a political play. We are waiting waiting waiting if you feel confidently that there are progressive steps being made on a federal front for legalization.