And i eat crayons every day with my friends, i think about kenny in his ivory tower, shaking in his lily bones. As the eggs overpowered stop breaking the law. We hungry give us the fucking money money at the streets like a quarterback. If you don't mean anything water up, a duck's black aids not leave or not until we get the money stacks monkey magic coming through through us monkeys on the moon, double digit, iq, loving, bamboo right, my sister's here my brothers, the fighters and the lovers.

We don't need another fan because we huddled through hard times wow we made it. We made it. It is friday. November 19th, i hope you're having an absolutely fantastic day, tgif, let's put a good one in the books, let's put an absolutely good one in the books.

Now, very very quickly, before we get going with all the stock market numbers all that quantitative nerdy stuff, i want to take this opportunity to uh. I guess discuss one of my tweets from last night i tweeted out who is more guilty nancy pelosi or carol baskin, and to some of my let's call them political activists out there. They they found that that was a little bit. I guess uncouth inappropriate, maybe maybe crossing the line of comedy and to all those people.

I wholeheartedly want to take this opportunity to very specifically not apologize whatsoever. Zero percent, don't care, leaving it up. It made me laugh and that's how i judge all of it. If it makes me laugh, it's gon na stay up there um.

So if you want to get on your virtue, signaling high horse of like you shouldn't make that kind of joke uh just understand. It's gon na probably make me make more uh just want to throw that out there, but anyway uh yeah, obviously carol baskin uh. She did it. She killed.

She killed don. I i'm a portion of the way of season two and it is it's exhilarating it it. I find it fascinating that season, one that was like literally an entire chapter of the pandemic era. For us, like everyone like the way, we remember the pandemic, a lot of people remember a good week or two of it, i'm just like.

Oh the week that tiger king came out it is, i have some flashbacks, it's almost like a nostalgic thing from the kind of like the first third of the way through the pandemic, and we we all kind of like think of it, and what was that uh? The other one that took the world by storm love is blind. I think there was like those two shows on netflix that we all just remember. We all watch it. It was such a cultural phenomena, fascinating, fascinating, fascinating, but anyway, all right.

Let's talk about some of this stuff, i'm sure i've already pissed some people off, but hey it's friday, and this is what you get on fridays fridays. We always swing for the fences here. Here's what you need to know about the overall market, dow futures, sink on concerns about coveted cases in europe, so i'm gon na be talking about what's going on in europe, particularly uh, i believe austria and the netherlands, but let's just take a quick lookie, see at The spy iwm cues and all this stuff, the thing i wanted to really bring to your attention and point out is when kovet first hit and i'm in no way saying that this is gon na happen again but yeah. Obviously there was a clear downtrend.

It went from 339 all the way to 219. I mean that's over a hundred point drop. So if we do see uh a new series of lockdowns and that stuff, i'm i'm not expecting a gigantic self or anything, but i don't think the market's gon na like it. I don't think, that's crazy, so that's potentially a fundamental driver.

It is worthwhile to kind of pay attention to what's going on in europe and obviously, if you're from europe, and if you have um i mean obviously the the media is known to distort things in various ways. So if you have a personal different account for what's going on in the ground, whether they're understating it overstating it, please fair share it with the group. That's one of the coolest things right now is we have the ability to crowdsource legitimate information with each other and not being reliant on new stations that most likely have a different agenda, and i would put they care about the truth like pretty far down on the List but overall from a technical perspective, we are very close from a new all-time high, like we are right there, but we also see divergence in the rsi. The market is roughly the same, but the momentum is less.

This is commonly indicative of some sideways trading or potentially sell-off now to be very clear, i am not calling for doomsday, but i'm saying, let's be realistic: europe is having some issues with covid, there's inflation concerns and there's still supply chain issues. On top of that, you throw that, together with the technicals, we just need to know the current market regime we're in because you can make money in any way you can make money. When it's going up down sideways, it doesn't matter. It just pays you to know.

What's actually going on, i want to be very very clear about that, just because you think it could go down, don't panic to say: okay, like how's the way i can play this anyway from an additional. I guess technical note here. There are three gaps to be filled: yes, just three uh, 447, 442 and 436 from october 13th, october, 14th and october 18th. So we do have three gaps that when we see some bearishness, especially if we break below 460, we break below this, i'm gon na start.

Thinking of the best way to potentially play these gap-fill opportunities now part of the reason we actually had a really weird day yesterday was the fact that it was red at first and then somehow got like some enthusiasm to close out the day. A lot of this specifically related to the biggest company in the world - apple apple, apple, apple, uh, steve jobs, brainchild, that's now gone over to tim cook, hit a new all-time high. Now, why is this particularly so impactful? Well, it's worth 2.6 trillion dollars like. I said.

The biggest company in the entire world and the reason for this is okay. Technically it bounced the people were liking. Some of the recent announcements, but it was really this thing. Apple accelerates, work on car project, aiming for fully autonomous vehicle company, looks to refocus project on self-driving capabilities, new car chief kevin lynch pushing for debut as early as 2025, so recently over the past week or two ev autonomous vehicles.

That's everything! That's stealing the headlines! That directly or anything that has the secondary relation to it. Obviously, tesla lucid rivie gm ford, uh we're even seeing things such as nvidia go nuts and obviously you need that for autonomous vehicles, those processing chips, so this particular sector of ev autonomous vehicles in any of the components upstream downstream that are needed, for it are doing Exceedingly well right now exceedingly well, so once again, apple is reminding people, because at first they announced it and then it kind of went quiet, but my family is they're. Like hang on, we see everyone else going like freaking nuts. With this, we might as well remind people that we're working on it too.

They reminded the stock shot up being the biggest stock in the obviously in the nation, but also in the world here, uh that very much helped the s p. 500. It also helped the tech dominant nasdaq. Remember the q's tech heavy is 50 of the big it's a hundred of the biggest companies in the us, but fifty percent specifically have a tech focus, hit a new all-time high, we're gapping up to another high and based on the fib level.

My next resistance is 407, but we're really letting price discovery play itself out so the spy. We have some concerns there, but tech stuff. It is crushing, crushing crushing and then on the opposite foot. We have the russell, that's actually struggling the russell 2000, the small cap sector.

Right now, we actually have a little bit of a gap down if this holds we have support at 2. 30.. The reason i bring this up is because, yes, there are relations to the infrastructure bill, but more so, especially if you're watching me, uh amc is the biggest company within this particular basket of stocks. So it's important to pay attention to what's going on here now.

There is some erroneous thought that somehow people think yes, if the market crashes, if there's a big sell-off, that is definitively going to be good for amc and jimmy, like i said, i believe, that's an erroneous thought, maybe by some other chance there could be a coincidence Of it selling off helping amc and jimmy, but i do not buy this thought that a market crash somehow triggers the moas. I do not buy that. I think that's a dangerous thing to wish, for. I think it's a very dangerous thing to wish for anyway, moving on so back to this covet thing, austria, reimposes, a full lockdown, makes vaccines mandatory.

Austria's fourth national covid lockdown will start on monday in three days and will initially last for 10 days. The countries unvaccinated are already barred from leaving their homes for non-essential purposes. Starting february 1st, austria will make vaccines mandatory. So obviously, that's a couple months out, germany said thursday that unvaccinated people in areas with high hospital admissions would be banned from certain venues.

Additionally, the netherlands has introduced a partial lockdown. I am not in europe. I know a lot of you might be surprised. You might be like wow, a guy that has such high caliber thumbnails and is wearing a sweatshirt that has a banana to his job.

I get it, i look like a person that government officials across the entire world might be calling up and saying: hey matt. What should we do? I get it i'm right there with you, but unfortunately that's not the truth. I don't get called up for this type of stuff. I know i'm blindsiding a lot of your reality right now.

Europe hasn't called me. I don't particularly know what's going on. I happen to be in pennsylvania, i'm not in europe. I don't make these decisions, i'm just doing my best to tell you what's going on, if you're in europe, if you're in particularly one of these affected areas, i hope you're being safe, i hope you're healthy.

I hope, you're happy. I hope everything's going on uh in a positive trend for you, i get it i get. I get that i look like a person that europe's calling up just hey matt. This is europe.

What should we do? I get that a lot uh. A lot of people assume that with the us as well, they think that, like powell's calling me up and he's like what should we do with interest mates interest rates stuck man, i know i get it, i get it, i get it, but unfortunately it's not the Truth yet, but regardless of all that, if you're in europe right now, please be safe, please please, i anyone! Obviously i care about your health. Um related to all this stuff. Fda clears moderna, pfizer, covid vaccine booster, shots for all us adults.

So before there were certain age requirements uh, but we are getting an update on that too. Just all adults it is now approved for um, and just this is from nbc uh covetous surging in europe. Experts say it is a warning for the us. So this obviously there's just moral concerns.

Obviously you don't want people to die um, but for the point of this show, this is always like that weird bouncing act because i feel like i have to balance like some sort of political stance. This is no political opinion of my own, i'm doing my best to say: hey this stuff will have an impact on the market pay attention to the market. Yes, does it have grave impacts, other aspects of life yeah, i'm not trying to belittle that at all. I'm not trying to tell you you're right, i'm not trying to tell you you're wrong.

If you have your own political opinion, cool you're right. Whatever your opinion is, i am right there with you. I i agree more than you agree with the amount that you agree with yourself when it comes to politics literally, you say something i am 100 on board. You are right.

Anyone that disagrees with you is wrong. Trust me you're, 100 right. This is not political commentary. For me this is saying hey.

This is what's going on: let's pay attention to the markets, because we know it has an impact and i don't want any political bias to get in the way of you making money of you making a decision that might make you lose even more money sometimes and I've seen this and i've seen it on both sides of the aisle uh friends of mine, who are extremely republican, extremely democrat. They have let their own political bias get in the way of not making a good decision or actually to such a degree that they've made a bad decision. It costs them money. So please please, when it comes to the market and your financial decisions, do your best to take a political bias out of whatever your equation is once again, another political thing, biden's social and climate spending plan set for a house vote.

So this is kind of interesting. What you need to know about that - and let me bring up this guy here, and this is going to be important in a second, the build back better, the bbb bb bbb b, cubed, whatever you want to call it it's about 1.75 trillion dollars. As of now it sounds like this is starting in the house. So of course, in the us you go from the house and then you have to go to the senate, and then it goes to the president.

So they are making some progress in the house, and this is very widespreading. It's gon na many things like universal pre-k, expanding medicare medicaid. Among many many other things. This is a very, very big bill.

It's huge! It's a huge effort. Some of the things you need to know about enters the cbo, the congressional budget office, so there were about five democratic people who didn't want to vote on anything until the cbo came out with theirs of like okay. What's this actually going to do where's the money coming from? Do we have the money and, according to the cbo um it's going to be, i believe the exact number is 360 billion. Is what this effort will add to the deficit in the next decade, 367 billion? But that's discounting one important thing of an effort to get more money from people who are evading taxes.

The cbo says. Well. If we take that into account, we think we could get another about 200 billion and then the treasury's like no it's an actual 400 billion, so we're completely covered. So there's a little bit of discrepancy of this.

If this will or won't add to the deficit, cbo says yes, treasury says no and the difference there about a hundred billions. But what i like to say: what's a hundred billion dollars between friends, you know like a couple billion here, a couple billion there. It's just a hundred billion, you know no biggie there, but once again it all comes down to the enforcement of taxes. So that's where a little bit of the discrepancy is so that's the important stuff, but what the fun stuff is, what the fun stuff is.

Is this dude right here? Kevin mccarthy gives longest house floor speech in history, delaying build back, better vote. This is so cool. This is, and by cool i mean it's crazy that our politics work this way, but if you don't laugh at it, you're gon na scream. So we might as well just laugh at it.

I thought i i thought i was thick course this guy, who, i believe is a republican from california. I believe uh house, minority leader, kevin mccarthy, yeah, i'm pretty sure this is a guy from california. I believe a republican from california anyway, he stalled it out for talking for eight hours and 32 minutes folks he spoke for i mean what what what what that is so crazy. I thought i was thick cores.

I thought i had stamina on the stair stepper, crushing it for 30 minutes. This guy spoke for eight and a half hours over eight and a half hours just to be petty. On a political level, i mean that's crazy, that's crazy and before you guys get all up in arms of, am i picking on him and why am i picking on the right? Am i picking on the left? You know who previously had the record, because this was record-breaking. This was a this is a new record.

You know who had the previous record. This stop me, if you guys, are surprised um if we rewind back to 2018, the previous standing record coming in at eight hours and ten minutes was nancy pelosi. At that point, she uh. She, i think, was the minority leader at that time: 2018 nancy pelosi had the record eight hours and ten minutes and that record stood for a while, almost four years.

Folks, almost almost four years but kevin mccarthy came in and he's now reigning supreme at eight and a half hours. This is this is crazy. This is what our politics are man. This is like this, the left and the right, and this fighting and these tactics it's all such bullshit.

It's all such bullshit - and today is one of these days that i i don't think we can get away from government and politics, so we might as well just keep doubling down on everything. That's going on constitution, dao, outbid for first printing of america's founding document in sotheby's auction. So i brought this story up to all of you yesterday that there was a a very interesting effort that a lot of people contributed to um to try to get this and unfortunately they were out bid. It went down last night and it's a little upsetting.

Obviously i wish that they got it, but here are the details of what you need to know, so this dao is a decentralized autonomous organization's um, it's basically what almost 19 000 person discord channel has crowdfunded over 40 million, all in ethereum um in a week. This took a week over 17 000 ethereum vaults in one week. This effort got 17 000 people to donate 47 million dollars. One week, 17 000 people 47 million dollars in an effort to buy one of the first printings of the constitution, crazy, crazy, crazy.

Now, unfortunately, they were not victorious in this effort. Um they were outbid, they were outbid, they were outbid, so the winning bid was 43.17 million dollars and you might be saying well, matt hang on they raised 47. well. This is interesting right here.

Lots of questions coming up of why we stopped the bidding where we did. The proper care and maintenance of the constitution requires a reserve that is needed to insure, store and transport the document, and we calculated the absolute max we could go to while still meeting these requirements. The opposing bidder passed that max and we were unable to go any higher while still ensuring that we could properly care for the document i mean to me, this is just being an effort driven by people who actually like, have a head on their shoulders. Yes, it's good that they're considering the fact they cost quite a bit of money to do all these things.

So i'm i don't know in a certain way, uh happy that they handled this resp, like responsibly, respectfully um. Of course, i wish there was a different outcome. I think that the constitution shouldn't be in the hands of some individual rich tycoon out there it to me. It makes sense that the us constitution is truly in the hands of the people.

It didn't go this way, but in a certain sense i would count this. Maybe not to be the victory that we all wanted, especially if you were following this story, but a victory nonetheless, proof that, within a week, 17 000 people can mobilize to raise 47 million dollars for an effort that they deem to be worthy. I love that i truly love that, especially with crypto now and a dao and like kind of the nuances of what that does and doesn't allow you to do. I think this is awesome.

It shows me that with the progression of technology, if society really wants something, we can mobilize pretty quickly, i think that's insanely cool, i think that's absolutely cool, so um. If this develops any more of this group like if they decide to do something, obviously i'll, let you know i'll, keep you in tune on any of the developments related to constitution, d-a-o, very, very cool, and you can check them out on twitter. I have this right here: um you can check out all their happenings and what's going on at constitution, d-a-o on twitter, very, very cool, very, very cool! All right! Let me get out of all of this and let's get rocking with some of our other individual stuff. So amc currently has an estimated short interest of 15.5 percent.

Gme currently has an estimated short interest of 8.6 and progenity prog has an estimated short interest of 22.7 amc, gme and prague. Let's look at these charts right now. Amc looks like we might be opening up. We have about 10 minutes to go.

Amc is currently trading at 39.84, so opening slightly below 40. jimmy's at 209.. Prague is at four dollars and rivian is at 128.. So the one thing i want to say about rivian to you guys is obviously all of you.

Last night were functioning as my financial advisor and i fee i'm starting to feel like you guys gave me some bad financial advice now some of you are going to be saying. Hang on. The vote is pretty much 50 50.. Half of us try to give you good advice and the other half i don't know.

Maybe they know something we don't know, but i'm i'm starting to get the feeling that that that pull vote that we had last night for the rivian yolo swing, i'm getting that vibe that you guys might have steered me in the wrong direction. So i don't know we'll see how this one plays out. Maybe you guys know something. I'm not going to completely say you were wrong yet because maybe the market opened - and maybe this thing is going to plummet and the yolo puts were going to be a good play.

But i don't know it's it's up, 3.77 in pre-market right now. So i'm not quite sure how i feel about this one, but we'll see we'll we'll see we'll see, is prague over. I don't want to be a bag holder at 5. 40..

I don't know i'm still in prague. I still have my prog position, but i'm also not clairvoyant. I can't tell you the future, so i can't, i don't think it's over, but that's also my opinion like i, i don't know the future um if you got in at 540. That tells me that you're kind of chasing a bit um and one of the main rules i try to instill into everyone - is okay.

What's your training plan like you got in at 540.? What was your risk point like whenever you get into something my like silliness of rivie and trading aside, you have to have a plan like how low does it have to go for you to pull the rip cord? If you don't have that number in your mind or that event, because it might not be a number, it might be a time it there. You have to have some sort of exit already established in your mind. You should not be creating a position and then saying, oh, like i, i wonder how i'm going to get out of this now that that's not a good methodology. All politicians should not be able to invest since their jobs expose them to news uh which become insider training period, pelosi or not.

So i'm not necessarily against politicians trading, but i think if they can trade, their trade should be reported instantaneously. If they trade, it should go into the public. It should be reported publicly like, as it happens this right now. They have 45 days to report it, and then the website that displays those trades has another 45-day window to actually get it up there.

So there is a theoretical chance, even if it's done all above board, based on our current laws, that it can show up 90 days later and that would still be above board and many politicians don't go above board. So i'm there with you either they shouldn't be able to trade or if they can trade, because hey they're people, it's a free market. I want everyone to be able to be in the free market. I want those trades reported literally instantaneously as soon as they hit buy or sell automatically that should get registered somewhere with like at max like a couple minute delay.

Just sharing sent you a message via instagram and twitter. Okay. Thank you. I wish dth on the entire government, especially dth.

I don't i wish tth. What's dt, i don't know what that is. Tommy awesome, don't apologize for joke, tell it more yeah uh! I mean that's referring to what i said before of when i asked you of who's. More guilty nancy pelosi or carol baskin, it's a joke! Folks, it's a joke! If you can't laugh if you're on, like such a moral horse, that you're saying someone can't make a joke, um we're just never ever ever going to see eye to eye.

What's going on matt's duck suspenders uh good morning, mark exotic happy friday. All right, i think, i'm up to date. There investing is one percent, predicting 99 risk management exactly exactly exactly exactly. I think um, amc and jamie.

I think it's awesome, the the story storylines related to them and how many people it brought into the market that would have never been engaging in the stock market, because there are countless studies showing that the earlier you get involved in at least investing the better off It is for your financial health, so i'm very, very happy with amc and jimmy bringing so many people in, but like many things in life, the every all the pros have cons on the yin yang of the situation, amc and jimmy has got and people to think That it's normal for things to explode like all the time it can happen, but it's not that common um. So i think sometimes people uh newer people to the community are like almost as surprised to find out that movements such as amc and gme is not a daily event. It's actually a very, very rare event, um crypto, finally bouncing so right now with crypto. Some people have been talking about the potential new federal chairman, the fed of the federal reserve, not federal chairman, fed reserve, chairman um.

It could be pal, we might be getting the announcement today. There are some murmurs that could come out today, but we're also told we'll have the announcement before thanksgiving jerome powell might retain it or it could go over to um the what's her current title, like the federal president, the federal reserve president, something like that. Lail brayan bernard brainard - i wish she had a brainerd brainerd, i believe, is how you pronounce it brainerd um in reality, they're not that much different from each other. Both of them are pretty dovish, so i don't think we're going to see a huge change in monetary policy and beyond that, in terms of crypto, they kind of have the same opinions like they really these two people, powell and brainerd.

They don't really differ that much from each other um. So of course, just because it's an announcement like generically, you might see a a reaction in the market in the short term. But overall, are they like people who, just like philosophically, are opposed on how to handle the federal reserve? No, not at all. Both of them in terms of interest are pretty dovish in terms of unemployment or pretty dovish and in terms of crypto.

They have similar opinions on regulation, so i don't think one is necessarily better than the other the. If anything they just have nuanced differences, but anyway, talking about crypto uh. The bloodbath continued all day yesterday, but maybe we're starting to get a breather. Uh loop ring popping off at 225 up to 274.

ethereum off of 4000 4200. We have bitcoin off of 5600 tapping 50 or 56 000 up to 58 000 and then she bouncing off of 42 up to 48.. So we're seeing a little bit of a bounce right now, which, let's just see if that momentum can continue, but yeah no uh crypto. Recently, a lot of it hit new all-time highs and then regulation concerns in the u.s tax concerns in the u.s.

They snuck that into the infrastructure bill and then also additional negative commentary coming out of china. So all three of those together kind of prompted crypto, taking a notable, i guess, breather off, of its all-time high, all right. Where else are we at? Where else are we at uh, i see a lot of people talking about lg v and you know what let me just write that down and we're gon na cover that when the market gets going today, uh, but let's sit back and relax and watch the the Market opening lgvn all right. I have that written down written down written down written down.

We are about a minute and a half about 90 seconds away from market open to close out the week. Uh your thumbnail is insane funny hey. I appreciate that, and i know the graphic designer also i mean those things crack me up. Crack me up crack me up what else? What other questions do we have 60? Second warning, oh actually, 60 second warning means i need to switch to the 60-second chart.

I also need to figure out what to do with rivian here what to do with rivien, rivie and rivie and ribbian. It feels like one of those days that i kind of want to make some dumb trades rivien stop all my attendees are disappearing. All right. Let's get going uh phum people are saying was on the news all right.

Let me put that on the list too. Is it i'm assuming it's attached to d-wax still ding-ding-ding, the casino is open. Let's get rocking, let's get rocking, let's get rocking wow. Look at that! The rivian uh lost all of its profit.

So that's that's sick, hey, that's fun! Who's, buying, ribbian! Right now! That's crazy! All right! Let's see how things are really going to start panning out this day, man gme just low low volume. What's going on with the spy the spy looking a little bit heavy the q's a little heavy iwm, actually holding up a bit better, all right, all right, all right! Let's be patient! Let's see! What's going on uh gofundme, more billboards, gofundme.com more billboards check what i'm not sure what you're referring to there matt is part of the discord and has been throwing all his super chat money towards it because he wanted to be a partial owner of the constitution uh. I love it. Uh cootery, i'm gon na have to listen to that all right.

Prague 420 prague trying to make up down eight cents on the day trying to make that move back to uh, that red to green move could get some enthusiasm there. The spy. Looking a bit heavy, the queue is looking a bit heavy iwm. So, of course you can't really make crazy judgments off of the first two minutes of market.

First, three minutes of market opening um, but we are seeing right out of the gate a little bit of red and spying cues. What's tesla doing today, tesla fighting at 1 100. That's interesting, uh, prague. I would love for prague to retake uh four dollars and 34 cents amc hanging out just below 40..

Let's see, what's going on, there lgvn suspended. What's the deal with lg vn uh, it is up 90, a biotech company that i guess went crazy yesterday and then gapped up uh, i'm assuming some sort of announcement that led to a crazy amount of enthusiasm. I don't know what's going on here, so i'm not gon na trade him i mean a gap followed by another gap. Something's, going on biotech you'd have to look into the news, i'm unfamiliar with any of the developments on it, but uh already suspended because of volatility to the upside.

Someone said fda approval. Okay: where did the youtube dislike counter go? Is it officially gone? I know they announced that they were getting rid of it, which is so silly they're like their argument, is that they're trying to protect smaller creators, no they're trying to protect like political things and news stations uh. If you look into it, the people who get ratio the most are all news stations and all like political. I don't know streams and all that stuff and government and politics it seems like they're.

It's weird that youtube is lying to us that much uh. I i don't even know it's crazy it to me. It's just so obvious whether you're, right or left, it doesn't matter here. It's a weird form and they're.

Trying to their argument is that they're attempting to protect um, i guess they say that we're trying to protect smaller creators, but as a creator, you can still see how many you have in the back end. So they're like oh, like people, are like it whatever, like a weird form of like cyber bullying, that smaller creators are being subject to an abnormal amount of dislikes. You can still see that as a creator, the only thing it's doing is stopping the public from seeing how many dislikes there are, but that's also weird because think about it. This way, what if you're, looking a quick how-to video right like how to i don't know, change oil like change uh, whatever i don't know, just some random how-to one of the quick judgments i use of like i'm trying to figure something out.

I click on the video is if it has a lot of dislikes. I know that's not the answer to my current problem. So, in a way, it's it's kind of detrimental to like actually people who are trying to use or get certain utility out of youtube of like okay. This is like good or bad.

I just don't get it. It seems like a warp decision. My wife tells me that, since i spend so much time day watching you are becoming roomies, do you mind living with the 62 year old ex-army sergeant? I love chili dogs, not at all, sounds like a great roommate. If utilization is going down and shares on, loan are going down, what does that tell you for amc and is that going to draw out the squeeze? So if utilization goes down and shares on loan going down, tells me that i guess shares are just being returned.

Now, in a certain sense, you have to kind of wait for that lagging report of the shares reported the exchange report uh to know how many shares are actually short, like the proportion and amount, and it does indirectly relate to utilization. But remember what utilization is utilization is the amount of shares on loan divided by the total loanable shares x, divided by y and both of those are dynamic. So you could look at that as one of two ways: okay shares on loan just going down. Well, that could also drop utilization, but it could also drop utilization even if shares on loan stays the same, but the pool of shares that are willing to be lent out actually increases.

So there's kind of a mathematical slight of hand going on there of why you can see movement in shares and loan and utilization sometimes they're, going in the same direction. But sometimes you actually see the opposite direction, and it's just because of really once telling you or proportionate rate and the others of magnitude shares on loan is actually half of the equation of utilization. It's the number the x number x, divided by y shares on loan, is a a number. You need to get the utilization calculation hey matt.

Are you in any gold back crypto currencies, or can you share your thoughts on goldback crypto um? I am not, and i don't even know if i could share that many, like i guess, insightful opinions or statements on it, i'm just not too familiar with it um. I don't find it to be personally that interesting. I think the world is quickly moving away from gold back assets with the expanse in technology um. I just i guess if we want to refer to bitcoin as digital gold, i kind of like that actually more because not only is it the same argument of what it does for the world in terms of like gold being a hedge against inflation, but we also Know that bitcoin has just technology and obviously gold doesn't have technology behind it um, so i'm i think digital gold aka bitcoin, is actually better than gold.

Like i'm, i see the old school argument of we need to like you back it up with gold uh, but ever since we got taken off of that the back in the 70s. I i'm just. I am so bullish on the trend of technology right now and particularly of crypto and blockchain. I i'm just more bullish on bitcoin specifically than i am gold, and i i think, as time goes on, people aren't going to care too much of if something's backed by gold or not.

Maybe i'm wrong. Maybe i'm right um in the meantime, because i don't think we've hit that particular demand inflection in like point, i guess society culturally market, wise um. In my account my long-term account. I do have some gold etfs, but that's not like crypto back gold.

That's just a gold etf and then i have much more crypto um, but when we get through the next crypto cycle, i think we're going to get to some point of mass adoption and i just the value of gold. I i just don't, i think to me. I think crypto's too attractive i'll put it that way, as the word spreads about crypto, as people are continually throughout the world connected with each other with the expansive technology, i i think people are going to end up liking, bitcoin way more than they're going to like Gold, physical gold is a different story, a different story there when people are starting to bring up physical gold, i see some pros and cons to that um. I think there's obvious pros and cons.

I would say the major con to it is with physical gold. If you have any considerable amount, it's heavy, you have to move a lot. It takes up space when, in i guess, with crypto, you can move millions billions of dollars on a usb um. So but there are als other pros to it of sometimes.

If there is a the fact that it is technology driven um, what if the internet goes down, what, if technology goes like what, if there's something like that, uh an event like, i don't know a hurricane or some sort of other natural disaster, uh that takes out The internet in a particular area. Well, at a certain point: you have to have something physical, so i'm not saying like. Clearly we have to go all 100 internet all technology. No, i do see advantages to physical things in certain events, because we know hurricanes happen uh.

We know sometimes that, like the uh, i don't know even growing up in pa with certain storms like you lose power, you lose electricity, so there are certain downfalls to it as well. Can you let us know a day or two before you pull out a prague? Hopefully it hits 10 before you do, thanks for being the people's voice um a day or two, i don't think it's gon na be more of a real time thing. It's not like i'm like. Oh i'm gon na get out and i'm gon na do it like.

I mean i'll announce it on stream i'll make it very very public um. The way i did with sprt i mean i was very upfront about getting into sprt getting out of sprt, i'm in no way trying to like hide my trades from you, but i just don't know it's not like. I see something i'm like. Oh i'm gon na get out in two days.

It's probably going to be more of like a game time decision. Can you do or to exon aqst happy to aqst a therapeutics company. Estimated short interest of three percent does not appear to be a short squeeze play. Um roblox just going along on them yesterday, oh a little bit chasey, i'm not sure how happy i am with that um, thus far, it's paying off for you, but this is going to get overextended and have to take a breather.

Now the question is where's. The breather going to go to, but this is a huge over extension, um a little bit chasey now, if you're, a long-term person investor in roblox and you're like i don't really care, i'm gon na hold this for years. Okay, it doesn't matter, but if you're trying to be like a short or like a smaller medium-term trader, this is a big over-extension like at some point in the future. I would expect like a return to normality.

Actually, like a healthy check. Excuse me kelly ripa, would never do that. All right amc, looking good back over 40 trying to test its minute one high of 40 42. prague looking good at 40 22 would love this breakout of 40 30.

That's an important technical level! I have is gamestop doing anything not really gamestop hasn't traded. 100 000 shares man. Where is the excitement in gamestop? I find that to be frustrating. We need that enthusiasm to turn back spy going flat, q's kind of going flat, uh iwm, looking a little bit stronger.

How's tesla doing tesla looking good tesla going up rivien going down. Maybe you guys did know something about rivian that i didn't know someone said gme moving uh. No, it's not it's up! 0.19. It's traded.

77 000 shares uh. We have to wait on it. It's just. It's patience i mean, i think people get this assumption that you have to have explosive moves every day.

No, you don't. I mean me seeing gamestop not really moving. That's fine! I still that doesn't make me want to get out of my gamestop. It's just.

We just wait: it's just a test of your patience. Uh. Can you comment on the rumors of amc in talks with former overstock ceo to use his nft as a dividend? I have not heard that rumor, so i can't really comment on it, but i think even that rumor that sounds weird. He wouldn't use overstock's nft as their dividend.

I i think you're uh misunderstanding. Some of those. The entire concept is to use basically a tokenized security. So if you own amc, you get this and then all the people, because you're an owner, you know how many were given out and in a certain way, then you get a count of all the shares out there, basically putting to bed the debate of.

Are there naked shorts or not? This is something that overstock, as a company has done previously, and i think they're just trying to take that play out of overstock's like playbook um, but to say that they're using his nft as a dividend that that doesn't make sense like you, you wouldn't use another Company's nfts as your dividend, uh matt, you're wrong. I have explosive movements every day they just in the bathroom, not the market. Happy birthday, i'm looking for x, puff for a gap filled down to 20 30 range in my doctor, or is it a decent plate? X-Puff? No, i think, as soon as you get uh whatever this breakdown is this gap up right here: 2174. If it goes below that, i would be very interested in this gap-filled plate at 20.

30.. I think i don't think you're. I think that's a legitimate play. Amc.

Looking good prague, looking good uh, p h, u, n coin live coin, live and trading uh it's up 13. I mean it's up, but it doesn't look that crazy good to me intraday. It looks like it just got rejected here. I don't know i'm p-h-u-n uh someone's saying that there's like a new announcement today, but i think it got a lot of eyes on it previously, just because of rumors and you can make money on rumors.

But i don't know if you should be in the scenario of diamond handing a rumor, it could keep going uh. I i'm just not too familiar with the narrative of p-h-u-n coin, live and trade. I don't know what the fun live and trading. I don't know what that means is.

There is something going on with dwack, not particularly it's break even trading at 56. uh prague, looking good amc, looking good how's jimmy up to 211. trying to get that breakout at 212.. Oh phun is issuing a coin it.

Oh, they launched their own crypto, that's kind of cool. I don't know much about like. Is it utility like? What's what's? I would my first question would be like okay, what's the advantage, um, but that's cool, i mean i would want to look into it. So they have their own crypto overstock.

Former ceo owns an nft blockchain and reports. Have him an aaa in talks uh? That's not my understanding of this situation, so the former ceo of overstock, owns t0 t0 is a mechanism that allows people to do this type of nft work, so they're thinking. If we it's, if connected with t0, you can issue this special dividend which would be uh nfts uh, but we know the oversock ceo and mark quahotis have spoken a lot like that's publicly documented. Did you see dave lauer's tweet about lending i'll check that out dave lauer's tweet whenever dave's talks you know it's something good dave, lauer scc is finally proposing greater transparency in the securities lending market.

The rules mandated 10 years ago by df but hard to imagine january's intense events did not spur some action here. First sentence of the rule: the securities lending market is opaque, uh, it's a 184-page rule, but then there's a two-page synopsis. What is this security's lending transparency? What do we have here? Let me zoom in so everyone can see it. The commission is proposing exchange act, rule 10c, 1 to increase transparency and efficiency in the opaque securities lending market by requiring any person that loans, a security on behalf of itself or another person to report certain material terms of those loans and related information.

Regarding to the securities that a person has on loan and available to loan to a registered national security association such as finra financial industry regulation authority, any person that loans, a security on behalf of itself or another person, would be a lender under the proposed rule, including Banks, insurance companies pension plans, so i guess this is all the information that has to now be reported. The legal name ticker time and date name of the platform amount of securities loan rates fees, charge, type of collateral provided, ooh, interesting type of collateral provided termination of the loan, if applicable, uh borrower type dealer bank customer hey more transparency that this seems like a very Good rule uh. Obviously the sec is kind of a slow moving entity just because it has to be but wow wow wow. That's awesome, all right! What's going on with rivian, i need to get out of this position out of the rivian position.

Nothing like going from a nice gain to a nice loss, and then we can revenge trade, the market to try to make that money back. It's gon na be fun all right. Where do we see these nice movers, though all right tesla? What do we have going on here, tesla taking this breather nvidia, this is being slow today, nvidia had that nice breakout at 3 21.. What's the downside gap on disney uh, it's pretty far, i believe, uh.

Well, it filled one gap but there's another gap, all the way to whatever this high was of 128, pretty far away disney lost or missed on earnings and since then has just been selling off since then has been selling off nvidia how's, lucid looking lucid's. Looking good looks like it wants to get back above 50., lucid, lucid, lucid, lucid, might get moving right here, all right, all right, all right, all right time to do some revenge training to make up these losses but matt. This is what you tell us not to do yeah it's one of those things do, as i say, not as i do type of a deal lucid, lucid, loosen, loosen loosen loosen all right. Let's see how silly this can get us nope, nope nope, all right.

I got to dump ribbon for this loss review reviewing. Why do you do this to me man? I thought we were friends. I thought we were friends. I guess not all right, so here's my brain buster idea now that i'm mad at rivian.

Let me just dump this for a 50 loss that sucks all right, we're out of rivian. Well, i guess technically, i could always get back into rivien just play it the other way, but we also bet too much money on lucid. So i got some lucid calls. I could always try to trade riven the other way.

How crazy is that that is pretty crazy. Hang on, let's see, what's going on here house. How dumb can i be? This is dumb money. After all, this is dumb money.

Why is raving so expensive, very expensive uh? Let's see how this plays out, i haven't done anything with rivian, don't want to completely revenge trade, it patience, patience, patience, amc holding out above 40 jimmy at 211 tesla hanging out at 1 100.. What's the spy doing? What's the good old spy doing spy looks like it wants to go up, the queues are going up, iwm went up, but now it got smacked, let's see if it could get back above 233.80, all right just so everyone knows the lucid one i got it expires. Next week, and would i say this is a good trade? No would i say it's an emotional trade to try to make up the money i just lost on loot or on riving 100. Accurate disney is down.

Oh, my god. Kramer is a big byliar underwear on fire. Don't worry when asking yourself how dumb can i be just remember, there's always room to be dumber. I like that.

That's a good sentiment sava is running. What are your thoughts on the recent drama in our darling community um? I i guess it's just silly, i don't know it's, i think it's a waste of everyone's time and energy, a waste of time, um yeah an extreme waste of time, an extreme waste of energy, and it always seems to somehow uptick when we go into the weekend. Um, so i'm curious if this weekend, maybe we've already got enough drama in during the week that people are going to take a breather on the weekend seriously why'd, you guys tell me to get out of rivian if i just held rivien. This is not my fault.

I'm going to deflect blame and put it on all of you. Shibe is up, 15 sheba is moving well. Actually, all of crypto is bouncing right now, but she i don't even want to watch riven stupid rivian, i'm just you know what i'm tired of i get it there's drama in the group and people whatever they. They have things to do with their lives and they choose to get that consumed with drama.

You know what i don't get, how many times the market can be wrong. Folks, i want to get one thing explicitly clear. I am a perfect trader. Sometimes the market is wrong, but that's not my fault.

I literally every trade i've ever ever executed is a perfect, well thought out: intelligent trade and yeah. It gets extremely frustrating extremely frustrating when the market's wrong, when the market's out to get me when the market's out to embarrass me and take my money yeah, that's frustrating it's embarrassing, just to know that the market is going out of its way to somehow cost me Money and just like be wrong. Yeah, it's frustrating, i'm not going to lie! I'm telling you anytime sava is under 50. It's by sava saba sava.

What's going on here, sava seems like a pretty gap. Fill up to 58 bucks loose is actually working right now. That's funny, actually it's a surprise when something works out for once. You know this kid talks a big game, but when he goes in the green he's actually surprised.

Folks, i'm up right now enough on lucid to cover my rivian loss. I will turn it over to the community. Do i take my lucid gains right now to cover my rivian loss, or do i let lucid run even more? I know you guys gave me fake news information yesterday, but i think you're gon na be able to redeem yourself. Let's do this another poll i'll give.

I will do another poll. I love these polls. Community polls all right, sell lucid to cover rivian loss. Yes, hang out, i'm gon na give you guys a pull and we're gon na nah yolo i mean, what's the chance of you, guys being wrong twice in a row, all right, there's the poll so lucid to cover ribby and loss.

The answer is either yes or no yolo. Stop toying with the trading gods, uh double down and make up your losses: 2x yo low uh, what a fun time, what a fun time! I appreciate all of you guys for being my financial advisors. Someone said, never sell anything. Uh-Oh people are saying na yolo is dominating today.

Yesterday it was 50 50 and then right at the last second, it uh the yolo like outpaced it by a little bit, but then yolo is winning right. Now, i'm starting to think that some of you don't have my best financial interest at heart. Sorry, like just a little bit of a vibe just a little bit of a feeling, i have revenge voted remember when some of the votes got lost in the dark pool. Yesterday, the dark pool of votes, all right, i'm actually at this moment, let me just double check history: okay, rhythm uh, 340..

340. 300. I lost 340 per contract, so it's 340 times five 340 times five. So on rivien i lost 1.

700. That's that's your fault! That's not my fault, um that that's all of your fault. I take no blame, it's the market's fault. It's your fault! I am completely clear in this particular happening, but now it's up to you guys because i will be sending all of you individually a bill if we don't fix this rivien, i'm down 1700, but on the flip side.

If i were to sell lucid right now at this exact moment - and please take this into account when you're casting your vote, i'm currently up three thousand two hundred i'm actually up three thousand six hundred, i'm currently up four thousand. So what do you guys want? Do you think this is going to keep running, or should i sell 1700 worth and just cover that rivian loss and let the rest run? This is all up to you just i want you guys to have all the information. Currently, you have a lot to answer for minus 1. 700..

Oh, i love it all right. I have to let the i a lot of you are saying, sell, but the vote is sixty percent, not yolo. So if you're saying sell make sure you got ta cash, your vote, i'm seeing one of these things where a lot of people are confident with this, but the nyolo is 59 uh too much fun crowdsourcing your trades. I don't know if this is legal or it doesn't feel illegal.

This is, i recently deleted weeble, but before i did, i took my paper trading account and totally forgot. I had bought tesla at 55. My paper account is that 11 million. Oh, how i wish it was real.

Do as i say, not as i vote. This is too much fun too much fun, all right, spy taking a healthy correction rivien i probably could have held on to it. Maybe you guys were right and i just needed to diamond hand rivien all right currently up. 3 800.

It was up 5 000.. Now we're up 3500 lucid wrong way: 3. 400. 3500.

I could sell half that would probably be smart, but what's fun and being smart, but officer didn't feel illegal. Oh man is loopering having a good one. Loopring and shebe are both looking awesome actually hang on.