Hello, hello, hello. What is going on all of you apes? What is going on, i hope, you're having an absolutely phenomenal morning afternoon evening night doesn't matter where you are welcome back to the the i guess best live stream going on in my mom's basement, currently number one out of one. A lot of you might be pointing out, be like i don't think, there's many other live streams going on in your mom's basement, but hey hey number one is number one. I'm gon na take these.

These wins when i can get them uh today, tuesday november 16th. I hope you're ready for an exciting day uh. Yesterday, a little bit of a boring day. There was some movement we got.

Some things were kind of green kind of a mixed bag, a little chop, uh kryptos having a weird day today, uh the market overall, trying to decide how it wants to react to some. I guess political developments from macro economic developments, a lot of things to talk about all the way from the government down to individual stocks such as lucid aimc and jimmy. We got a lot to talk about. Let me just make sure we are rocking over here.

We are good good good all right, so let's just hop right into it, so i can give you some time back right before the market opens answer whatever's currently on your mind. So let me just give you the skinny on what you need to know. Stocks. Look steady with shoppers, undeterred by higher prices.

So basically, what they're referring to is yesterday a little bit choppy, but then this morning walmart home depot they beat both of them. Walmart earnings and revenue beat expectations, home depot earnings and revenue beat expectations. That's a good thing! Uh, obviously, people that's something - that's been on a lot of people's minds of what in the world is going on, our our retail, what's going on with the dollar, what's the strength that we possibly have uh, so i find that to be a bit interesting. I find it to be a bit positive, but i do have a whole spiel for you plan, but let me get into that in just a second bitcoin drops towards 60 000 as major cryptos plunge.

So let me quickly show you what's going on bitcoin plummeting ethereum. Plummeting solana, plummeting sheep, has been going down we're seeing pressure and i don't want anyone to think that this is an individual coin or token um. Honestly, it's probably inappropriate for me to even use that word plummeting right now, because they just all hit high all-time highs. I mean, if you look at where we're up on the month, the three months of the year, things are still in the green, it's just in the short term that people are being a little bit uh.

I obviously myself included a little bit dramatic about this sell-off. I think what it is is well, we kind of have an idea. Let me better explain this. China's state planner said it will continue to clean up crypto mining in the country, so this is time 36 million, that china has come out stating something that is not positive for crypto.

This one relates a little bit more to energy. China, which is facing an energy crunch, is concerned about the amount of power that it takes to conduct mining operations, which creates new coins and maintains a log of transactions. So all these miners updating the ledger, securing the ledger um this one. It's stating that and in in terms of i guess when i say this one, it's just an additional comment coming out of china, not the most happy with crypto.

This has happened many times this year alone and every single time it gets hit people kind of freak out because they're over leverage, and then you see a sell-off a little bit of a mini panic. It stabilizes people buy it and you give it a couple days. Couple weeks and it returns right back to normal - i don't know if this particular time will be the exact same, but i don't honestly see why it would be any different for me. The extra capital i have in my crypto account i will be using to buy this dip.

Taxes are not the only reason elon musk is selling tesla uh, so this is kind of interesting we and it's interesting just because of how elon chooses to use his twitter. Previously, fighting with the chairman of the senate finance committee, most recently fighting with uh bernie and it all relates to taxes and he's kind of using the social influence of like you want me to sell. You want me to sell and in reality he kind of had to sell just because of what's going on with his options anyway, like he had to pay off a considerable tax bill. Here's the details on that so elon.

The celebrity ceo tax bill of more than 10 billion on stock options that he was granted in 2012. musk sold another 930 million in dollars in shares to pay taxes on the options that he exercised on 2.1 million shares. That brings his total options. Exercises to about 4.6 billion, with the b since november, 8th last week's stock uh, he sold 5.7 billion dollars worth so really, it's kind of just like the net difference of what's going on here.

He needs to sell off some to keep the money in the gains. So he's paying he's selling some stock and it's just like a mathematical side of hand. I have to sell some to have the money to pay off the tax on the gains i'm getting elsewhere, type of a deal, banker's trader set for biggest bonuses since great recession. In all reality, i'm fully planning on making an individual video that relates to this, and i don't really like ranting within the first five minutes of a stream.

Let me just come back to this one. I don't want to be off-putting to any of the new apes who are like hey who's. This kid that's yelling at a camera in his basement, hi my name's matt. I end up ranting about some of the that goes on in the economy and wall street, and this is one that's rant worthy.

So let me just come back to it. I don't know if i'm, if i'm there quite yet. Let me let me circle back. I promise so that's the skinny of what's going on now, let's get a little bit more into the important details, so yesterday the there was the virtual meeting between biden and she and it was kind of interesting, a lot of it related to tariffs.

So i believe i'm getting the number right it's about 360.. I believe it's 370 billion dollars worth of goods that the us is currently putting a tax on when it comes to china and vice versa. They're taxing us for things, so we have tariffs going on and according to yellen, i believe her exact one is that if both the us and china decide to unwind the tariff position uh, it could be desirable as it relates to uh inflation and obviously, when it Comes to yelling, she knows a thing or two about being desirable, so i'm gon na trust her on that one. But this talk was a more than just tariffs.

It was also about china kind of saying hey, like are you gon na play ball with us on? Like our efforts for energy and then a lot of it was about taiwan - and this was kind of i, i suppose what was happening really of the tension of the meaning to the best of my understanding. Unfortunately, they did not invite me to join this particular meeting. Hopefully it was lost in the mail i'll try to rsvp for the next meeting between the two world powers, but the the murmurs on the street. It was much more of china saying: hey, do not cross the line with taiwan.

Biden, saying: hey, don't tell us what to do about taiwan. We're going to like speak our mind, we're going to have our own comments on taiwan. China said: don't do that. You said we will do that awkwardness ensued.

So to my understanding that took much more of the, i guess it was took a lot more of the emotion of the meaning for these two and like granted. It's obviously important, but it seems like these other things such as. What's going on with energy and pollution and global warming and the tariffs between the two uh, it's kind of playing like second seat compared to what's going on with the tensions with taiwan, it's important to bring this up because, obviously these are two world powers. Two global economic powers and financially for here us talking about the stock market.

Obviously, there's going to be a quite a bit of overlap of what's going on with individual stocks, individual economies, adrs, uh, chinese companies, trading on the u.s market, u.s execs, trying to get into china, which i guess chi said he will like, make a little bit easier To expand business there's a lot of things. This is not a 5d. This is like a 60 chess match of what's going on here, definitely something to pay attention to, but obviously the tariffs, inflation very, very important people were concerned with the walmart home depot. Are people spending where's the money? What's the value of the us dollar and unfortunately we have another negative report coming out: rent for single family homes, surged 10 in september, boosted by pricey for sale, market and job growth.

Things are sky high right now, folks, uh. Yes, we can let these nerdy phd academic, uh economist, argue about the exact cause of it, but at the end of the day, things are more expensive. Are you getting paid more most likely that's what the stats stay, but not to the same degree that everything is more costly. Even if we just look a little bit about food beef is up 33 percent.

You have pork, that's up! 38 chicken! That's up! 19! The cpi came in recently up 6.2 percent, trying that's the highest. It's been in three decades. We have the producer price index up 8.6 tied for an all-time high. Things are expensive: food energy housing.

If you name it, it's probably up. The only thing that i saw had a slight decrease apparently last month was alcohol, so i guess we could look at that as a silver lining, hey like that's the one thing that we're like hey to get through these times. At least alcohol stayed a little bit consistent, but everything is obviously expensive right now now, if you ask me, i mean i'm 27 and if you believe the dun kruger effect and me just being a know-it-all millennial yeah, i could tell you exactly: what's going on right Now, obviously, i know the world 27. Do you know how much life experience you can get in less than three decades and let's say that maybe six of those years has actually been paying attention to the world um.

So, with six years of experience, shouting at a camera in a basement do i feel qualified to speak on the overall economy and politics. Of course, i do i'm a millennial, i'm entitled to talk about everything i want to talk about, i'm an expert on it. Obviously so, anyway, you have the pandemic people shut in people losing jobs. You have things such as auto makers, cutting back production.

You have related to the audio industry, these car, rentals selling entire fleets uh things such as hertz avis, getting rid of their entire fleets. You have airlines not ordering new jets. You have people being laid off because people aren't flying anymore. You have a lot of production going down down down across the board.

Production is down on top of that. You pepper in a little bit of the weird scenario of serious supply chain issues. Not only are people flying less productions down but supply chain. Look at what's going off in the pacific right now: the the ports are, it's a mess out there, so many ships are being stuck out in the pacific waiting to enter either on long beach or la that's, adding into it.

It's very, very problematic, very problematic. So you have things where production is down supply, chain issues and that's why we have biden like kind of tapping on fedex, walmart and ups to try to help. But then fedex walmart ups are like yeah we're help. But then we see from the average people who are listening right here, saying yeah, we're told we're helping, but we already don't have enough people because of labor shortages.

This whole thing is an intertwined naughty mess and like when you really look into it. Your brain feels like it's going to explode, so we have production down. We have supply chain issues, we have inflation just because, as recently as march, we from a government standpoint, we put another 2.8 trillion into the economy. Don't even get me started on the fed and everything that they're doing literally as i was about to get rolling today minutes before we started the stream, we had the a fed member bullard saying that they're actually expecting two rate increases in 2022 interest rates.

Up. That puts more pressure on the economy and all of us uh, so it does help battle inflation, but like it's such a complex balancing act that we have going on right now, it's absolutely incredible! It truly is it's fascinating when you go into this just to see how like, when you turn one knob 18 other knobs get like spun and change, and it's such a dynamic, crazy situation and it's frustrating because all of this it was insane like. I i think most people would agree it all got kick-started by something that was out of our control if you're watching right now, if me i mean i didn't, i don't think i had anything to do with prompting the pandemic. I hope i didn't.

I don't think many of you did so. A lot of this was just um. It was a very we. We were dealt two seven off suit.

That's what it feels for all of my poker players out there. It feels like we were dealt two seven off suit and what's going on, is the dealer, the the pit boss in the back, the people running the casino? It's just a dumpster fire in the back end, we're just trying to play this game of poker. This game of life we're doing the best we can and everything else like we're at that poker table, and everything else is just on fire. People are screaming, we don't know, what's going on, it's just a mess right now now, with a lead in like that, where the hell is this kid going? Where could i possibly be going? It sounds like that guy in the mr rogers sweater right now, it's talking a lot about doomsday.

In fact, i'm not! What i want you to know is no matter. What's going on in the world no matter what's going on in the economy, there is a way to be successful. There's a way for you, honestly, at the most inherent level to be profitable off of that situation. My entire goal here is not to fear monger spread doom or anything like that.

I don't want to what i'm trying to do is best articulate the pure situation, because if you know the picture of what's going on, there's a much higher chance of you playing the game properly. Just because you're dealt a 2-7 off suit does not mean you're going to lose the hand. Sometimes you have to wait for the flop, sometimes you're, just taking a crazy bet on the river. But i'm not here saying: hey hunker down get in your doomsday like bunker and like let's see how this plays out.

No, no! No, not at all. My entire point is here is just saying: don't be oblivious to what's going on in the world around you, because no matter what's going on the markets up down interest rates tariffs, all that, if you know the game, there's going to be a way for you to Be profitable, i want you to think of it like that of understand the chess match you're currently engaging in, and there is a way for you to be profitable off of it to help yourself, your family, your loved ones, whatever you want to do, this, isn't one Of those things where, like hey, it sucks and you just have to take the punches. In fact, a lot of retail, some of the biggest percentage gains are actually in bear markets. And it's not necessarily because of the direction it's more because of the increased volatility and people like myself and maybe you're in the same boat when you have a smaller grub stake, a smaller capital size that you're, starting with you, need that volatility to get those nice Percentage gains, so i don't want people to, i guess, clam up and be like wow this sucks.

I hate this game, no, no, don't think of it at all, like that think about it as like an opportunity for you to be like no. I like learning about. What's going on, i want to learn the game, so i can play it better and actually end up succeeding, but anyway, obviously, inflation is crazy right now, so that's something to pay attention to, and obviously our government is paying attention to it. A lot of inflation relates to the federal reserve.

Remember: the federal reserve has a dual mandate: price stability and the job market, the labor market. They want unemployment to be as low as they can, with the strongest job market possible, the strongest labor market possible and when you're, the chairman and there's a lot of discontent in america. On top of the fact that some of your underlings just got caught for insider trading, there's a lot of pressure on jerome powell, in fact uh. If we're listening to the senator brown, there's an assumption that we're going to know the new federal chairman before thanksgiving.

So time is ticking, i mean that's what a week and a half week, one week two weeks week and a half it sounds like it is between jerome powell and lael lail brainerd. I believe i'm pronouncing it right. I wrote it down that layl brainerd um kind of interesting. This is what jerome palace, if you've, never seen a picture of him, and this is what miss brainard brainerd looks like there's, really not too much difference between both of them, both of them.

I would describe as being a little bit more dovish so when it comes to interest rates and the employment market you're going to hear the term dovish and hawkish. So dovish is more of let's keep interest rates low to help the job market, and then that is a little bit more inflationary. Hawkish is, let's keep interest rates a little bit higher and let's battle inflation, but not so good for the job market. So it's not necessarily like being dovish or hawkish, is right or wrong, or anything like that.

It's just an opinion on the best way to push the economy, and hopefully the job market forward, um type of a deal. So not it's not like jerome powell is some big dovish person and ms brainard here is a like a very hawkish person, no they're, both kind of on the dovish side. So to me this might be one of those things if people are unhappy and when that happens, you just need someone's head to roll and it i don't know i i don't i'm not surprisingly, i'm not the one who gets to pick who the next federal chairman Is um, but if it feels like pal's head is about to roll, because it sounds like okay, we're gon na replace him with someone that has a very similar mindset, but we just need a new fresh face in there, because people are so unhappy with how things Have been going, this is just i, it seems like this is how politics really ends up going um, but it's not like one is dovish, one is hawkish they're, both dovish and i think people are just upset with how things are going right now, but that's just My own guess we'll figure it out. I figured i wanted to share this with all of you, because it personally got me um, not the most happy.

This morning, wall street bankers and traders are in line for the biggest bonuses since great recession. Wall street is set to see the highest bonuses since the great depression after a busy and profitable 2021. overall. Bonuses for investment, banking underwriters are forecast to jump 30 to 35 percent from the year prior, while investment, banking advisors and equity traders can expect a 20 to 25 percent year-over-year bonus increase a sharp rebound in business activity.

This year has translated to unprecedented workloads for wall street professionals and a competitive job market, as companies fight to retain top talent and nab new hires. I sometimes find this disconnection to just be so wild and i get it if i'm sitting there and i really really think about it. If i truly sit down, i'm sure there's a lot of great people on wall street who, like myself, maybe like you just like the market, they took it the professional route and they're traders or they're, somehow part of it. I think there are many many great people who work on wall street.

It's a job like many other jobs, say you're gon na have good people. You're gon na have bad people, but the optics of these types of things, it's more of, like ah man, just read the room uh, just the connotation of wall street them making money. It's just. This is the disparity that maybe doesn't logically drive a movement, but it emotionally drives a movement.

It's that same thing of the occupy wall street. When everyone was down there, there's that famous picture of everyone picketing and then up top they're in their suits like drinking their champagne, eating their caviar kind of laughing uh. It's one of those things where it really fosters discontent to an is like a very serious amount right here we were just talking about all the forms of serious inflation, uh everything's, more expensive, there's a lot of people who the job market is having its issues. People are leaving - and i think part of it has to just go with the fact that they're sitting there and they're just saying man like what's the point of working when i'm still getting minimum wage, barely above minimum wage, but all of a sudden it.

I i'm not paying for my rent, i'm not paying for my groceries, i'm getting paid the same, i'm working even harder, because it's a competitive market right now where people are just happy to be working, but i'm able to afford less and then all of a sudden. You get things like this and it just brings back the flashbacks of like all like those guys in the suits in the room, just smoking laughing like the corporate left, like ha ha ha ha. Let me go to the next bank and deposit even more money, and i get it. We can sit here and we can really split hairs and get into the nuances of like all right.

It's not exactly that and i get it, but sometimes that emotional drive is really what prompts the societal cultural wildfire, not necessarily something, as i guess like rudimentary of just like the logic of it of just like. Oh okay, like i get why they like the market's up, it makes sense, they're trading and with the high increase in volatility, you have other aspects of high frequency, traders and stuff. It makes sense like if we get into it, but that's also, when you're being the same guy who's like that nerd in class, who puts his glasses on he's like well. Excuse me, if we think about this technically right, this kind of makes sense.

It's like okay. I get it i get it, i get it man, i get that, but sometimes it's just you got ta read the room on this type of stuff and what i don't get about it personally is when people within these positions mainstream media when they're confused. Why the general populace within the u.s and the rest of the world is confused when they're like well, what what's the big problem like? Why like? Why is this? Like? That's the frustrating part to me is these other people who in positions of power and influence and are probably better off in life than many of us right now, just hanging out when they're confused about people's discontent - and i guess just general unhappiness with what's going on And they're feeling pressures in their life, probably to more of an extreme than they have pre-coveted levels. And then you just see things like this and that's the surprising part.

It was when people don't even understand how this uh in a certain sense, can just prompt a a negative emotional backlash. I guess that's probably the best way for me to articulate that one all right so with a little bit more time. Let's talk about individual equity, so we know that walmart and home depot did very well um, lucid, also beat on its earnings, lucid trading at 50.. I've been talking about lucid now for two to three weeks.

I've honestly i've made videos on it all the way back. In 2020 i mean i followed it when it was churchill capital. I like lucid, it's a strong eevee play in the u.s market. It just got the motor trend car of the year, the lucid air um.

I still think i think it's a great long term play, but even in a mid-term play, the gap fill up to 56 for the past two weeks. I've been beating that drum i'm, not a financial advisor. I can't tell anyone what to do. I get some trades right.

I get some trades wrong. I am not some expert phenomenal trader, like i said, i'm being very honest with you, i have nice winning trades. I have very upsetting losing trades lucid right now. I feel like i've been expressing my confidence in it.

I if you happen to get in it, congratulations uh. Whatever you do, i beg of you to please. Please have your trading plan. What's your risk, what's your reward? Stick to your plan.

Are you a long-term investor? Are you a medium-term swing trader? Are you a short-term day trader? It's all up to you, i'm not saying anything's wrong or right, i'm just banging of you. First of all have a good training plan and i think in environments like this, when it runs and runs and runs and multiple days of running, that gets people to be a little bit more chasey. And i just if you're good at chasing and you've come up with a methodology of chasing running stocks that makes you net profitable, hey, congratulations, i'm jealous of you. I have never really had much success in my career of chasing a stock um.

It's just sometimes the train leads the station without you and you just have to wait for the next train. Now, speaking of the next train, a lot of people are talking about the next train, being prague prague's, another one that i i think i don't even know. My first purchase of it i've been in about it now a month, uh, maybe six weeks, prague. I find to be very incredibly interesting.

I'm happy with my position now i'm most likely going to get some of a loss from options that expire this friday, but depending on how things go, i'm very, very interested in getting longer term calls or simply just building up my stock position on prague. Prague is a fascinating story right now. Let me run you through the details on prague, estimated short interest currently 27.6. The utilization 99.9 shares on loan 37.57 million.

It's on the smaller float side about 83 million uh is its float, so remember the the smaller the float. The easier it is for the stock to move um costs to borrow 193, the average age of these shares on loan tracking upward 26 days. But i think it's going to continue to go up and up and up in terms of the options market. There's about 6.5 million shares, uh being represented that are already in the money with um 175 000 call options so 17 million that could still go from out of the money to in the money.

This has the making for something crazy. I believe it's already been on the threshold list. For 19 days, the ftd report came in over 6 million shares, remember 6 million ftds in a stock where the free float is 83 million. That is insane almost 10 of the stock was on the ftd list.

As of the most recent report, this is this is malicious whatever's going on with prague. It is incredibly malicious and i think the kicker in this entire situation is, i think that prague is truly undervalued. If i didn't know the short interest, if i didn't know the cost of borrow, if i didn't know the utilization, if i didn't know the threshold list, if i didn't know any of these short related data points to prog, if i just knew about what the company Was doing it has a patent related to the drug humera one of the most popular drugs on the planet. Humera is a 10 billion dollar a year industry and it's the way its patients use.

It is buying it being injected into their body. Prog progenity recently got a patent to for that drug, but instead of it being injected it's an oral method so right there. I view this company to be disruptive to a massive massive industry and that's just one of its business pillars. So right now, in my opinion, i am not a financial advisor.

I don't care if you buy sell, if you don't care about this stock at all. Why i'm particularly excited it has all the prerequisites for a squeeze candidate and on top of it, it's just an undervalued company. These are all my own opinions. You need to do your own dd, but i think prague could do something absolutely crazy and i'm very excited to watch it.

I'm happy about my position and, if i'm being completely honest with you, i'm looking for ways to increase my own exposure to this particular play as i'm speaking right now. Prague is currently up 14 in pre-market. It gained 17. Yesterday i think things can.

I think this could go crazy. Maybe i'm right, maybe i'm wrong. It's a gamble, there's nothing ever guaranteed when it comes to the stock market. Of course, nothing is ever going to be guaranteed, but uh this one, hey it's pushing four dollars.

That's a big breakout! I'm watching five and 550. I think things are going to get a little bit nutty when it gets above 550.. That's my own opinion of the technicals, i'm gon na start paying attention into it. More and more.

We've been checking in on it day in and day out for about the past month, but uh this thing you can see the volume picking up. You can see that it's getting more and more traction on social media. There's a couple things coming to a head right now: uh prague in my humble opinion, worthwhile to watch at minimum for the remainder of the month. But if i had to really guess it's probably going to get exciting for even longer than that in terms of amc, they've already borrowed a net of 226 000 shares against it for an estimated short interest of 16.24 utilization 81.5 shares on loan 92.4 million, and these The age of these shares on loan is 78 days in terms of gamestop they've, already borrowed 68 000 against the ta.

The short interest is estimated to be at 8.74. Utilization 31.5 shares on loan 6.34 million and the average age of these shares on loan is 63.4 days uh. So that's your amc, gme and prog breakdown. The market overall kind of in this in-between pattern not being decisive, the spy, the qs or iwm.

They all recently hit an all-time high coming down a little bit, we're trying to see if it's just making a higher low and getting ready to base. But we will be finding that out very soon. The bell is about to go diggity, ding, ding ding. So let's get ready, i'm ready, i'm ready, i'm ready, ding ding ding! The casino is open.

Let's get rocking today, folks, rock and rock and rocking as the market is opening up to all of you watching right now, uh just a very quick reminder. I would be greatly appreciative if you could quickly hit that like button and if you want to subscribe and join up with the moon gang that would be great liking subscribing they are both completely free. It's honestly, the only support i ask for - and the reason i ask for is just because it helps me out with the youtube algorithm and it gets this video and my channel in general served to other people once again completely free. It's the only type of support.

I truly ask for after two months in prague, it's been fun. I'm ready shout out wall street viking, uh, hey matt! What about penn state? L, lol, love your brother yeah, i'm not the most happy about it. I'm definitely not the most happy about it. Uh, since prague is also a music style from the 70s, the phrase should be we're going to the dark side of the moon.

I like that, eat the rich dude. I finally joined the discord and i have no idea how to use it. Thanks for all you do enjoy your day, ryan o'connor uh feel free to shoot me a personal dm on it, and i can like walk you through it. If you saw some confusion in wish.com, you can buy t-shirts, amc gme to the moon, hey matt, i'm on a vessel going back and forth from florida to la and every penny i could spare i've been putting in the amc just wanted to say: let's go apes.

What do you think about get a rtm io, never heard of it if a person has 3 000 amc shares and 100 gme shares and a person b has 100 1, 500 amc and 400 gme who's in a better position, i mean that one is better positioned. I guess i would need a little bit more detail um, it almost just really sounds like you're. I, if i had to interpret this right, it feels like you're, just like saying all right who has the better potential and that's it's tough to say because we know amc and jimmy are both capable of going wild. So then, that's just getting into the semantics of like who do you think is going to be a bigger percentage game.

I don't know who i think will have a bigger percentage, gain, amc or jimi, so because of that, that's why i own both. I think this is a good setup for your mom joke amc and jimmy everyone has their own opinions, so whatever you feel more comfortable in, i guess that's where you should put your own money to me. I am deathly afraid of missing the movement like. I don't want to be all in on one, because what if it's, the other one that has a bigger percentage gain so for me to alleviate that fear.

I mean both if you like one more than the other. Okay, that's cool. I don't think that's problematic, like do what you think is best for you, i'm doing what i think is best for me. Hence why i have a position in both.

I don't know if we could compare them really like that, for example, amc has a higher short interest, but gme has a lower float. There are stocks that are companies in two wildly different wildly different business sectors. So at a certain point i know that they both have very devout followings, i'm afraid of missing the ticket on either. So i got a ticket to the moon with both of these particular rocket ships.

Maybe they both go. Maybe one goes. Maybe one doesn't i i don't know um, that's for me in a certain way. I feel, like i'm mitigating risk.

By being in both and now the newest one is prague, prague, prague, prog uh. I mean geez very excited about that. So we'll see how prog plays out um a lot of this, no one can tell the future folks. I don't know how it's gon na play out.

Maybe it's a completely different stock that none of us know of at all. That's going to be like the best gainer of the day. Of course. That's a possibility.

You don't know and that's why it's always a game of just it's always a game of balancing out your risk to reward and seeing if your particular bet plays out the way you thought it would i'm getting smoked by tesla, absolutely smoked by tesla. Did prague get halted? No, and you know and know where i could buy prague in the uk so for prague you would need a proper brokerage that has connection to the nasdaq tune. Your change, your past preview name tune of your music change from your past preview of amc squeeze. I don't know what that even means.

I mean no one. No one knows how this is gon na play out. I think that's so silly for people to be like guaranteeing be like this has to happen. This has to happen.

What are you talking about like that? Doesn't for anything for anyone out there who's guaranteeing something when it comes to the market, that should be the biggest red flag ever if you're, following someone who's like this, has to happen. This has to happen. I guarantee it a hundred percent chance. That's a massive red flag and you should run for the hills as quick as you possibly can.

I don't know how to be more explicitly clear about that. Nothing's guaranteed is any no, no! No! No. When it comes to the market, nothing at all is guaranteed. It's all it's all in that gray area of one to a 99 chance, there's no such thing as a zero or 100 chance in the stock market, uh prague on 212 in the uk.

Someone just said: did you buy that crypto dip uh? Not yet? I strongly believe the dip is 2b bot, thoughts on the ai sector and 80 or c3 dot ai. So i don't have much thoughts on it's c3 ai, but the ai sector um. As in like an investment opportunity, i i i don't see how ai doesn't get bigger and like become, i guess, like it's already a billion dollar a year industry. I think it just keeps growing and growing and growing, there's only two moods for trading.

This is bullish. This is, could you do a shout out to my daughter, maya, listening and waiting for school to start things, brother happy birthday shout out maya? I hope you have a great day at school. I hope you learned a lot about space travel. Hope you heard learn a lot.

A lot about space travel all right. What could i do here? I think it's time for me to just take this loss on tesla lock in the loss. Let's see what we could do, let's see, let's see. Oh, this is a painful loss, all right, we're doing that.

Let's see if i can actually get out of tesla here, wow huge percentage loss that sucks all right. We got out of that and what else do we have? Let's see, let's see it is currently november. I'm looking at these prog options time time time do not forget to give yourself the time that you need i'm looking at the decembers all right, we're rocking this. I looked at the decembers december 17th the time time time time now remember remember if prog really gets going and if it's any form similar to sprt.

It's going to be one of these things where, if it really gets going, the options market is not that built out on prog. It's not that built out whatsoever. So that means there is a scenario where literally all calls could go in the money all puts could be out of the money and then we're kind of awkwardly waiting over like a week or a weekend for them to add the weeklies, add in more strike prices And with that, it just has to be the demand like we need that stock movement right now, i believe the highest one is seven dollars and fifty cents. It just ran into resistance right there at four dollars and forty cents um put on prague.

It's if we get that move above 750 and the volume really picks up. There's going to be like, i said that awkward in between, where we're all just kind of waiting waiting, waiting waiting and then from there uh one of the days are going to be. Okay, we're going to add the weeklies, we're going to add more strike prices, and if we get to that point, just basing off how like insane things went with sprt that that's going to be the sign to me that something crazy is going on where it gets To the point that uh people who build out the market are adding more options on prog, i'm using that as kind of a not really a quantitative sign, but more of a qualitative sign of okay insanity is picking up in prague. What would be a good entry point for prog since it's running already, it depends on your time frame.

The nice point probably would have been honestly when it started picking up like 320.. Here's a gap up it's hard for me to say anything about a gap up what risk are you comfortable with right? Now there is this. Risk of a gap fell back to 350 and there's additional risk down to 290., so whatever it is, look at the chart, whether you're on the daily, the one minute, the 50 minute the 30 minute. What point do you want to risk and you look at that risk point.

You do the math accordingly, and you say how much money am i willing to lose on this trade um and okay, you're you're willing to lose x amount, and your wrist point is, however, far away. You just do that quick math! You do that quick arithmetic and you figure out okay based on this risk and how much i'm willing to lose, and my wrist point is x far away. I can buy this many shares um. That would just be a very quick breakdown of it.

Do you want to play it really tight and risk 420? Do you want to risk four dollars? Do you want to risk the low of the day? Do you want to risk the gap bill? That's up to you. I mean i can't tell you what to risk. For me. I've been in it for a bit, so i'm very happy with my position.

Um i just got some december calls on it i'll, let that run for about two weeks. If i'm not happy with the action, i'll, probably roll it out to januaries, but that's just where i'm at on everything uh, but i've been in this play for a little bit now. Yolo'd rivien puts rivian putz ooh. I'm sorry didn't! Isn't this a new all-time high rivian, coming in at 140 billion, almost doubling up ford and gm? That's crazy! Uh! It's really tough to get puts at an all-time high because you don't know if there's going to be another new all-time high uh! That's when, when you're letting price discovery play itself out and you're in new territory, it's kind of tough, but i guess also.

You admitted that by saying that you yellowed it um, i'm surprised ravine is still going, but if there's enough people who are surprised well, you have more people getting burned and burned. So it could just honestly keep going higher and higher prague is hitting 420.. Prague is available on two training, 212 and interactive brokers in the uk shout out, chris planning puts on rivian soon. I am not just because it's the opposite of catching a falling knife, you're trying to catch an exploding rocket, let's check in on crypto.

Okay. People are now engaging in the the dip buy on crypto looks like it's. Finally, turning back around look for bitcoin to get above 61.5 look for ethereum to get above pretty much. 4 400.

Look for solana to get above 233 and look for sheep to hopefully get this trendline break out. So people right now are buying the dip uh s p. 500. Looking looking good, the russell is struggling struggling on a relative basis.

The spy and the q's are both looking good all right, all right, all right all right. What else do we have? Prague went all the way up to this resistance. At four i mean i don't even know when i mapped this out, but it had to be oop. Sorry had to be a bit ago.

Where did we previously map? This out must have been the high from october october 27th. So look at that. Look how much these things come into play rejected and that was october 27th, we're all the way at november 16th, still an important level amc, solid, solid, solid, 42. 26 right now i like that.

I very much like that. The one of the interesting levels on amc today will be this trendline breakout of basically 43 40ish 30ish. Another attempt to get out of here would love to get above the high from october 19th at 44.50, lucid tesla, all kind of taking a little bit of a breather right now, amc looking good uh gme jimmy it's at a good price, but super low volume super Low volume, i would love for volume and excitement to return to this that'd make me feel a little bit more comfortable. Have you heard of why mtx? I have not all right, so what else is going today, prague up 23? That is just nuts.

That is absolutely nuts love. It love it love it. Colton brown becoming an astronaut shout out, hey matt, thanks for everything you do for the community. You are a big part of our success.

Just facts: please check out s-b-e-t-s-b-e-t uh sharp link gaming gaming, gaming um. I would want to know a little bit more about what the company does, but from a charting perspective, i'm just seeing it like this trend downward. It got a lot of excitement, but then, ever since july it just there's not many buyers on it. Maybe it could swing back around.

I would be more comfortable if it was above 450 if we got some buying and you need that breakout above five, but i'm just seeing a downtrend in this one um from a technical perspective. I don't know much about it. The company's fundamentals i'd have to look into it, uh for the people who are asking. Are you chasing if you're getting into prague right now, there's not a definitive answer of yes.

This is chasing no, it's not chasing it's very dependent on your time frame and just your perception of what the risk point is, if you're willing to risk 412 and we're at 427. Well, no, that's not really risking or that's not really chasing, because you're super close to your risk point, but once again it's in the eyes of the beholder um. I think prague has more like in it the same way, i think of amc. The way i think of gme but still chasing is very much dependent on like what you perceive the risk to be, and also the time frame like.

I wouldn't be using a one minute chart when i'm about to swing the position for days and days and days like then i want to use the daily chart. The four hour chart the weekly chart uh make sure that the time frame, you're thinking of being in the play is somewhat appropriate for the time frame that you're doing a breakdown of like when to get in type of a deal. Chris woodward shout out shout out. Shout out shout out tesla again that little bit of a bend, we have the spy looking good, the cues iwm.

Finally waking up right there. What is my futures account? Looking like right now, amc has a current intraday high. I need this code. All this two-factor authentication stuff we are in, we are in the mainframe we are in, we are in, we are in, we are in all right, we'll let that go.

Will you please tell derek prague is going to the moon, not financial advice thanks matt gang gang. I hope it's going to the moon, like i said not clairvoyant, but to me it meets all the check marks of a play. That's worthwhile. I think it's an undervalued company to boot.

So when i think a company is already inherently undervalued and then it has all the check marks, high short interest, lower float, high cost to borrow the price action, is getting exciting. It's being spoken about more on social media there's, so many many things coming. I think the odds of this situation are good. Now are the odds of guarantee, obviously not, but to me, i just put more money on it.

Uh rtm ico worth a look with nfts uh. I would say my most interesting nft play right now is actually loop ring and, as it relates to gamestop in their marketplace, what do you think about identifying self with crypto? I don't quite know that all right prague looking good coming back up to this breakout level. Let's see what prague can get going today, prague, prague, prague where's this. Let me get the four hour all right, so if prague can get above 450 we're pretty much watching five dollars at that point for seventy five, so the high fours, the low five should be interesting.

Actually we have like that. 60 cent range 470 to 530. If we can somehow take that out things, we might be seeing some fireworks, but we still first need to get there first need to get there. Sndl is uh the marinara industry moving again today, sndo uh, looking a little bit weak now looks like it got exciting and then it's kind of coming back down.

I would want to see if it actually bases and starts to turn back off. Of that. Let me go do the two hour on this one yeah. It looks a little bit heavy right now.

I would be if it starts to swing if it pulls that u-turn. That could be an opportunity, but i'd first want to see like the u-turn actually getting pulled, and also in that industry. I, like tilray far more than i like sndl, it's just a bigger company. It has more name recognition, there's just various things going on.

That would make me want to favor tilray over sndo. If i, like an industry, i find it most reasonable from a risk to reward ratio to play the most successful companies within that industry. So, for example, if you like the semiconductor industry, that's why i'm biased towards nvidia i'm bullish on the sector. I think rising tide raises all ships, but i think the best risk to reward setup is always going to be on the one that, like i said, has the most recognition and that's definitely tilray.

It's just a bigger company. I think it's the biggest canadian marijuana company like out there um, i think, once again, i'm not against cessna deal. I think money can be made, but just to me either the biggest company or an etf that just tracks the sector, especially with what we're waiting on there like you're, just we're just awkwardly waiting on the. What is it like federal progress to be made? So it's really not a technical play at all, we're just sitting back waiting on the federal government which who knows how long that could take uh canopy is not bigger than tilray.

Ever since till ray and the apha like merger, it's become the biggest one. What's going on with prague, uh people are excited, people are starting to realize that it's under undervalued company, that has all the prerequisites for a squeeze candidate amc at 42, gme at 207 amc and jamie, both down a little bit over one percent. Today, prague up 24 lucid up 4.7 tesla in the green rivian up four uh crypto. All of crypto is currently down uh we're waiting for some excitement to get going there, but i'm liking thus far.

I know we're only 24 minutes into the day i'm liking the chart on prague. I want to see this test of 440.. Let's see if there's, hopefully enough, demand to get us there - hopefully, hopefully, hopefully uh the russell over here. What's the spy doing spy looking a little bit heavy q's, looking a little bit heavy? What else do we have? Is there any other breaking nude uh, lucid jumps after revealing a notable increase in vehicle reservations, that's awesome and they also got the motor trend.

Car of the year uh walmart, ceo doug, mcmillan cnbc interview, has seen a significant change in labor supply after the government stimulus went away interesting and that's from the walmart ceo that was tweeted out by charles payne. According to tyson foods, pork is up 38. Beef is up 32 and chicken's up 19. That's from tyson foods.

Rivien has now passed ford, gm and volkswagen in market cap in their market value, vanek, bitcoin, futures etf launches. After weeks long wait so vanek. I tried to get a spot etf, so instead of bitcoin futures, it was going to be straight up bitcoin that one was denied by the sec, but it looks like the bitcoin futures one. That's the difference between uh, basically direct ownership uh, where it's going to be physically settled or indirect ownership, which is cash settled.

So it's good, but i would argue that a spot etf is even better. U.S will issue one year: multiple entry visas to journalists of chinese nationality, china and u.s reach consensus on journalist, visas, uh. This is the third vanack fund related to bitcoin features to launch in the us, apparently gasparino saying some ridiculous stuff about amc, as always, not that that's really news wow all right. So that's some of the hot news as we're coming out of the gate as we're waiting for prague to come up to 4.43 cut.

My prague 350 calls yesterday did the same thing with sprt sold the day before the rip me i'm terrible at this hey man. I mean with it i think, that's why i find it easier before your play, to have the plan completely laid out. So if you shouldn't be beating on yourself, if you stuck to your plan, if you have your plan and you're like you know what this was my my entry rules, these were my exit rules. If you stuck to it, there's no reason to beat yourself up like coulda shoulda woulda matt.

Would you sell some amc right now to jump on prague? No, no! No! I i find it silly to like give up one play that you like for another play that you might also like. Sometimes that's why i like to have some capital just for when other plays come up. I'm like oh okay, like let's get in on this one. Um, it you're really really getting nitpicky and trying to time the market when you're like okay.

How do i balance like one play? I like with now another player like, i don't think, that's a good trading methodology. Uh, someone said no gme. Today i mean if gme gets moving, it's gme has done nothing. Gme has traded 168 000 shares.

Some of these minute marks, like are barely moving um. If it moves, i have no issue putting it up, but i only have so much real estate here. I have to put up things that are actually like having action. Uh, hey matt, thanks for all you do.

I've been watching your videos daily for a hot minute and very much appreciate your humor and opinions. What are your thoughts on bbig check out the ortex in the chart? So let me first look at the chart here on bbig, not looking the best uh bbig looks weak. It's at support right now, four dollars. If it doesn't hold on to four there's a chance.

It drops to three: this is bearish um, i'm sorry if you're in bbig, maybe i'm wrong. For your sake. I hope i am wrong, but all i see is a pattern of lower highs, lower lows: it's breaking support. The volume is going down.

I i just don't see any buyers here: uh prague, ding, ding, ding, ding, prog, breakout right there, uh 107 million out of job right now, 168 ships stuck out at the ports, that's crazy! That is absolutely insane all right. Prague coming up to its region that i'm particularly interested in 470 to 530 is what i'm interested in prague actually now that it's going or my call's already up, i just need prague to do well to make up on all my tesla losses. That's my real secret yep, we're already up 14 on this 14 for the point of entry on the newest. Prague calls uh the november ones, i'm not feeling the best about.

So we rolled those and then actually increased the position for the december ones. Matt. Could you please talk about the reason why the crypto market could be down and what's next so the crypto market's down uh, probably because it was still from a technical perspective needed a little bit of a breather?.