Stock Market Panic
AMC, GME, LCID, NVDA, TSLA, BTC, ETH, SOL & SHIB
Dumb Money w/ Matt Ep. 179
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amc stock, amc short squeeze, amc stock prediction, amc squeeze, amc price prediction, amc stock today, amc trey trades, gme stock, gme live, gme short squeeze, gamestop, gamestop stock, sprt stock, matt kohrs, matt kohrs amc, matt kohrs live stream, matt kors, matt khors, stocks, live stream, trading live , rading live stream, ape nation, bitcoin, ethereum, cardano, doge, dogecoin, treys trades, investing, trading, finance

Live is this working at all? Is there anything functioning in my life at this moment in time? Is it working hello all right, twitch has me back, but youtube doesn't what is going on sorry, folks, uh! Well, that's not a thing am. I is anything working here. Apparently, a different youtube is now live. I think we're good.

I don't know who knows anymore. I think i see myself on twitch. I see myself on rumble, i don't know. What's going on with youtube, youtube will have to figure itself out.

It needs looks like it needs to take a bit of a break uh. Let's see how this is all going all right. Well, the market is open. Dingy, ding, ding, ding uh, obviously youtube hates us.

Today, oh uh, by the way i think my tesla put, has been crushing it is it time to take some of these gains time to take some of the games. Let's see, let's see i'm up 54 on tesla now the question is: do i want to lock it in i kind of want to because it's a 50 gain um? I am publicly stating this anyone who is checking out the tesla trade i'm getting out of it. I just need to get my fill nope. That's not the right price, two thousand for uh.

That would be 20 000. That would be absurd. Wait, no it'd be 200 000.. That would be nuts um.

Obviously, that's a fat finger mistake. All right. We are getting out of the tesla put, hopefully locking in some of these attendees i'll. Let you know if it gets locked in, i might have been a little bit slow on the uh a little bit slow on the draw there all right! Why why oh, why why are there issues? Can i not change? I have no thumbnail on this one.

Apparently whoa, that's big, that's the thumbnail. How do i upload it save all right? I think i fixed the thumbnail. Someone said weeble is down. Oh man, man.

Oh man, oh man, all right, i'm going to tweet out this new link. Frustrating! I think we are somewhat back, hey um. I would love to ask a quick thing of you for all of you hang on. Did my tesla fail, my tesla filled, so i got out at a just over a 50 gain.

I locked that in and now i'm going to be patient and i'm going to see how things are setting up on the day. Uh amc having a nice little pop right here, gme same thing: tesla's seeming a little bit heavy, but i just on days like today, it's sometimes nice to lock in uh lock in a win early, oh, but what i would so i don't know um what i Would like to ask of you um. There have been various various issues on youtube lately over the past. How many ever weeks there have been extreme buffering issues, uh and beyond that there have been very, very serious issues with people, hundreds of messages of people getting unsubscribed when they know they didn't unsubscribe.

If one person said it to me, i'd be like uh, okay, like maybe it was a mistake, but when i'm getting hundreds of these messages um, it's obviously a problem so uh. I would like to ask of you to double check if you want to be subscribed to the moon gang. If you want to double check that and just turn that red subscribe button to a gray subscribe button. Obviously, it is completely free, it doesn't cost anything, and if these problems continue, that's exactly why we are always continually multi-streaming on some backup services such as twitch um right now, twitch is actually rocking.
We have almost what 750 viewers in there they just did a level one hype, train uh, so shout out to everyone rocking on the hype, train and then also rumble rumble. Has i've had nothing but a solid experience with them. They're kind of the new kids on the block that are attempting to be competitive with youtube, but that link is also in the description. So what i would ask of you just to stay up with it is to subscribe on rumble, follow on twitch and subscribe on youtube.

Those are the three million platforms. I'm using all three of those things are completely free. You do not have to spend uh spend a cent of your money um so just to, i guess, like be a little bit more safe, but we already have a thousand people rocking here on rumble today, shout out to everyone on rumble. We have almost a thousand people on twitch and uh.

We are back up on youtube, but it's just crazy stuff. It's just absolutely crazy. Stuff doge is mooning. Someone said doge has had a great push and i do believe that this actually relates to.

I think commentary from elon. Let me just double check that to make sure that i'm not going crazy, but let me find uh elon. I think he was on twitter again. Tesla will make some merch bible with doge and see how it goes.

That was four hours ago. So four hours ago, elon said tesla will make some merch buyable with doge and see how it goes. 193, 000 likes 41, 000 retweets and 25 000 comments. It's it's getting.

Some someone's attention someone's attention, uh. What was the meta spec? You talked about yesterday gorilla gym champ that was jpg once again, j, p g uh. It is not live yet it'll. It looks like it's coming out in the first.

I suppose the what the first half of 2022 is what the article said. What are we doing over here on twitch twitch is going wild right now, so we just did a level two hype train everyone's hyping it up over there and we're now we're running to a level three hype: train huh rumble in the jungle shout out to everyone. Checking out rumble, i'm curious: could you guys, let me know in rumble, chat if uh, for how many of you this is like your first time on rumble. Oh man, twitch going nuts with their hype train already we're pushing already they already crushed.

How many? What's the max level, i think it's five look at the volume on gme versus amc. You should never compare volume like that because they have a they have a different share price, so obviously a stock that trades at 22 will have more volume than a stock that trades at 137 because you can buy five of these. Almost six of these, you can buy six of these for every one you can buy that. So what you would want to do is, i guess, associate it with a price and see if, like the volume is roughly 6x on the one, is how i would pay attention to it.
Uh oscar, very olson, very, very excited just screaming bye, bye, bye! Well, hey amc! I do like the fact that it's it's trying to fight back it's trying to fight back as much as it can currently down uh just under a dollar. So if we could get up to 23.30 we're kind of back green on the day when 10 a.m hits, i will happily let you know what's going on in the world of alerts of potential interesting plays from unusual whales, but that starts at 10 a.m. That's also when we can check tiblio. Let me actually get up unusual whales right there.

I just want to say happy holidays to you in ape nation. I'm not going to lie, i'm a little hyped about amc volume. I haven't seen it in a while. So the volume, though, remember, compare the volume to the price action.

The volume i'm seeing in amc from yesterday and today could be a completely different story, but if we were looking at yesterday, the volume was higher. I believe it exceeded 80 90 million, with the 10-day average around 40 million, but the fact that we were down a decent percentage yesterday tells me that there was quite a bit of selling aggression, the selling aggression. I don't know who it came from my assumption. My assumption is that it came from kind of some bigger players, potentially some institutions or whatever.

I think people are when i say people i'm not referring to retail, i'm not referring to apes. In this particular discussion. I am referring exclusively to bigger players who are cycling out of high risk asset. Bets, amc and gme are definitely considered to be a high risk bet, and i think there are concerns about what is or isn't going on with the fed.

All right. We see tesla kind of getting a little bit of a bounce right here. Let's see what we can do: okay, the spy repping some strength - oh tesla, oh tesla, oh tesla, oh tesla! How are the queues looking today and i'm also not my own 15 minutes in the queues? Retook 390. interesting, the spy pushing to 465 iwm going up ah patience, patience, patience today is 100 a day of patience not going to rush anything not going to rush it.

I want to be a little bit more patient i was about. I was about to get a a quick little day, trade in on tesla, to see if i could play it back up to 9 52. A quick call, maybe capture eight to ten percent not going to, though i didn't take it. I locked in my tesla put from last week that was a nice 50 gain on tesla right now, no position uh.

I want to stock stock the market for a solid risk reward setup play patience, patience, patience, shout out, rogue matt rumble went public about a week ago under cfvi. Have you had a chance to link into i looked into it? I didn't own any um. I am very, very excited for them, i'm very, very proud for them within the us. I believe what i read a little bit.
I was kind of diving into their numbers. I believe they're somewhere between like 10 to 20 percent the size, maybe like eight to fifteen percent of the size of youtube within the us uh. But it seems like publicly like the the numbers you can find on the internet. There's some impressive growth going on um.

I'm happy to say that i'm actually there there's only a handful of streamers right now on rumble. I'm definitely not the only streamer, but i am one of the few streamers, so i think that's kind of fun. I think it's cool because i feel, like i'm part, of a new ecosystem and i feel like with being one of the first people you kind of get some um, you get kind of get some say in like the culture of the ecosystem. I was not around early enough to be in any form, influential on twitch.

I was not around early enough to in any form be influential on youtube, but i am pretty pretty early on rumble. Uh, definitely early enough to be a little bit influential there um. So it's kind of cool - i i i'm happy, i think, they're in terms of video uploading and that type of stuff. I want there to be more competition, so i i like that.

I like that. I like that. I like that i want there to be. I want creators to have multiple decision or multiple options.

I want viewers to have multiple options. The more options, in my opinion, the better good morning, matt i've been here since january. Thanks for all you do i've learned so much from you. Can you tell me if the interest that short place is fixed or variable bought more this morning, variable hippie, boomer, chick awesome, name uh, but yes, that is variable, variable variable all right.

So here's what we're going to do! Oh wait! Did i not get my fi? Oh whoa, something just happened, uh the play that i was telling you about not going through. Well, that doesn't make much sense. What is today today is the 14th all right all right, bada bing bada boom. We waited those first 15 minutes uh.

I think the overall market is not reacting in any way well to what's going on with inflation, but it's also been beaten down quite a bit and i think the spy might be trying to do a quick gap fill right here. A very very quick baby gap fill, and then we have the qs similar gap full right here. So i'm just wondering if today those gaps are going to be filled and to take advantage of that, i just did a quick, quick play on tesla and my entire argument with this is to just not be greedy, get in get out i'll. Let you know everything that just happened.

I got a fill for the tesla 970s for this week and i want to clarify this is abnormal. This is a day trade for me. I will not be holding this overnight whatsoever. I am it's a day trade i got in my fill was 15.05 right.

Now, it's trading at 14.50 a second ago was trading at 16.. I'm looking for a very, very quick pop, probably a 10 pop. I want to just see. I want to track.
What's going on in the tech sector, the overall market, but particularly the queues of what i'm finding interesting right now as it relates and my risk level is somewhere going to be the 937s the 940s. So that's my risk reward set up right there wrist level and then let me get a little bit of a longer time or larger time frame, for you would love to see the break and hold above 9.50, but i will particularly be watching about 9 58 to Kind of give you guys some hardcore numbers about what i am and what i'm not watching, because this is a day trade and because uh day trades are really not my go-to methodology, i'm a bigger fan of a multi-day multi-week, like i guess, swing, really with that. This is an incredibly small bet. I don't view this environment as an environment where i'm like strongly confident about this type of a play.

So it's it's a very, very small bet. This is not one that i'm like hey like i'm about to bet half my portfolio on this plate. This is a very, very small portion of my portfolio uh just so. Everyone fully understands my confidence and where my mind's at and my methodology right now did you just say this is mirroring the basic laws of all ecosystems a whole year later.

But if your new super secret boyfriend tesla said as much you wouldn't take a year what's going on brendan, i hope you're having an amazing morning. Si utilization on iwm is kind of wild thoughts. Are you tracking that on ortex drake, let me pull this up iwm? The russell uh iwm trading shorts, arca iwm - i am not i'm seeing a utilization of 99, but i'm not seeing the short interest. Number um short interest: utilization yeah, i'm not seeing that actually being represented even on or text drake.

I'm just curious of like the data provider you're using to get the russell 2000 short interest matt. Let's do some ape shit today. Can you donate all your super chats to the tornado disaster relief? Maybe for the week or something like that, lando shout out so uh. It's actually kind of funny.

You bring that up, because i was talking with someone about kind of the insanity of what's going on. So if you don't know about it in the midwest, there are a couple states impacted, mainly, i believe, kentucky, but there's also some neighboring states who were pre hit pretty hard by some very serious tornadoes. I believe the unfortunately the mortality is around, i believe, 100 people. Hopefully this stops growing.

It seems like now that things have calmed down a little bit. The number is unfortunately, going higher and higher. If that's something that you are in the position, especially with the holiday season, to help with, if i have absolutely no no issue at all, if you want to hold off and on a super chat, but it doesn't even necessarily have to be for that i mean With the season right now with the holiday season, if there is a particular uh charity or cause that is near and dear to your heart, that is exponentially more important than you sending in like a super chat or a tip on twitch or a rumble royal rumble Or whatever it is there on rumble um, hey folks, it is definitely the season of giving season of giving um. I guess i'm not here to tell you like what is or isn't the best charity um a couple days ago, we were talking about how, like the next run, the major run on this channel that i'm trying to get some things already prepared for in the background, Is most likely going to relate to penn state thon t-h-o-n? It will be similar to when we did the push for saint jude, the research hospital, but it's going to be bigger way way, bigger way, more events, i want to get other creators and other well-known people involved in the effort, but that will be right kind of At the start of the new year kind of, like probably january early february time frame, but once again, if you want to look into that, that is thon t-h-o-n um, it's a donation drive that's from my alma mater penn state and they just raised basically a shitload Of money to help with the battle against pediatric cancer, great great cause, all right amc is definitely making its way back up.
Amc just went green on the day. I love to see that gme pushing green on the day. The q is unfortunately taking a breather right now. Can you please do a segment on risk reward setups? Yes max! That's a great question.

Um definitely happy to do more of a like a specific thing of here's, how you do it, but most, i guess basically just like to give you a little bit something until that happens a lot of the times. It's just i'm basing previous highs and lows and ask myself so, for example, in the queues which i have no position on right now i would say: am i okay risking 387 and do i want to see if i get a breakout of 390., i would watch My risk my reward, maybe the rewards a little bit more, and this is obviously on a very, very small time frame. You could apply it to whatever time frames you want, but um risk and reward. There's not necessarily like a perfect definition in the sense that you have to have risk and reward this way.

The risk is how much money are you willing to risk? Is it a a certain percentage drop? Is it a technical level? Is it something else and in terms of reward, are you looking for a percentage gain? Are you looking for it to go up to a certain value? Are you looking just to hold it for x, amount of days, risk and reward are super super generic high level? I guess words that you can use in the world of markets and with the risk and reward any trade that you're possibly in you, should know your risk and reward if your risk is all dropping all the way to zero and your reward is holding until kingdom. Come yeah i mean that's fine like it's. It's a very wide risk reward and i think you could probably have something a little bit more well defined than that, but um like with it. You should know your risk and reward of anything uh a stock, an option, a crypto, a future.
If you are straight up gambling on the ponies, what is your risk reward? Um amc, i'm almost curious. I mean we're gon na find out in two days. If people are covering today, but the initial data that we have uh, it's actually half a million continuing to bet against amc, which is interesting. When is the fed meeting um it's going on today, but publicly we get information at 2 p.m tomorrow, so you're not really going to hear anything about the fed today.

So some of the initial commentary and the write-up comes out at 2 p.m and then we are going to get like kind of a live press presentation, i believe at 2, 30 p.m. Eastern piton, hiring, freeze and no new products for 2022.. How is piton reacting to that shout out gorilla, champ champ if it loads uh kind of oddly well to the fact that they have no new products for 2022? I guess people are saying hey, we don't want those. Oh wait! Hang on.

We got a level five hype. Train share, two two, oh the emoji, the emote we just unlocked on twitch is a like a chipmunk really really filling up its mouth. Those are some fat cheeks. Those are definitely some fat cheeks all right.

What do we have happening over here? Man, amc that has to put a smile on your face. It went from 20 all the way up to 24.. The technical breakout level we're actually watching is now back to 25., so 25, a key psychological level like a nice, a nice integer value that people paying attention to. But on top of that, it was yesterday technical support that we broke below so today we're seeing if we can once again recapture said technical support.

Um would love, would obviously love love love for that to occur so uh we have a about a dollar to go. Amc is at 24, gme is at 142, gme is up, 3.57 amc is up 3 tesla. I am still on this. Would love to honestly it would be nuts if tesla could somehow go green, but that's quite a reach has to go up 17.

The queue is bouncing back around right now on tesla. Remember i locked in that put and now i have that call uh and it's already up. 11. 12, i'm watching 958.

This was my reward level, i'm closely closely closely watching this level. If i see resistance here, locking in my gains, if the buying pressure overwhelms the selling pressure - and we get a breakthrough - i might hold it a little bit longer. But it comes down to the fact that i'm watching 957 958 - i want to see how it all reacts to that and actually with that being said, i need to get some indicators here to do this stuff in real time with all of you, my friends, my Friends: okay, okay, okay, okay, let's see if we can thread this needle in real time, we're gon na be threading. Some needles shout out to all my brothers and sisters that held amc together yesterday.
It was rough, but we are stronger together. We definitely are, but with it green day, red day um. I guess this is part of the market and i think with it. Obviously it can be like high emotion days and you have to be able to weather the negative days you have to be able to.

I guess stay calm in the absurdly green days and you have to try to not let boredom get the best of you in the boring days in the sideways premium burden days with it. I've been very, very public about my thoughts on amc and gme on the highest level. I am not doing anything until the shorts cover, i'm very excited about the new direction of gamestop with their nft marketplace. I think that's incredibly smart with amc.

I'm excited about the success of the upcoming movies. I am excited about what is going on with their connections to the world of nfts and crypto at large um. I can't lie to you. I'm upset about the insiders selling uh.

Do i care about it on like a personal financial level for them no they're doing what they perceive to be best for their own financial health uh? I tried to articulate this yesterday. It's just with their particular positions. You know that the media is going to jump on them when the ceo and the cfo are both selling stock. You know you know.

Media is going to light up the entire ape community, so i find that particularly frustrating, but i think it'll quickly fall out of the media cycle. I hope it quickly falls out of the media cycle, especially with i think by this upcoming weekend. We're going to have some amazing numbers and reports related to spider-man no way home. I want i kind of wonder about that and i we don't have to do a poll and maybe i'll ask you more anecdotally when it comes to the ceo and the cfo of amc unloading, some of their shares.

And yes, if you look into the sec filings, it was a 10b51. It was planned more than a month in advance and they have many many to the tune of millions of shares. Investing in like future grants. I get that i get the logic of it and maybe with me trying to say not being emotional, maybe i'm having an emotional reaction.

Did anyone else, i suppose get bummed out that the ceo and the cfo sold shares, even though we knew it was coming um. It was what, in the q2 earnings announcement that all that stuff was discussed. It wasn't a surprise, but just because something wasn't a surprise doesn't mean that, like i don't know, you could have an emotional reaction to it, um! No! Yes, no! No! No! No that we knew we definitely knew like they said. Hey, like we're gon na be doing this.

Everyone has to make money hell. No, so a lot of people like it. It's really not. I guess phasing you whatsoever interesting, so many people there are some people that are maybe a little bit more in line with me of like you're bummed out, potentially just because you know how the media is gon na treat it.
But a lot of you are like someone said, poor timing, see that's one of the problems, though, is they don't control? The timing? That's a big aspect of a 10b51. It's not like they're sitting there saying. Oh okay, like this is a good time for me to get out it's playing pretty far in advance. Don't care a lot of people, not caring at all interesting some people a little frustrated, but most people are saying no way no way, no way all right.

Let's see what's going on with tesler tesla tesler tesler, don't give a damn. Actually someone said someone said hex how's hex doing hex is finally waking back up, uh, not mad about that at all. I've been i've been holding hex for this entire brutal sell-off would love for hex to finally get back up to 28, maybe 30 in there. Oh speaking of crypto and of course like we can talk um in more detail about it in the crypto stream.

But let me give you a quick update on how my yolo crypto bets are going in those uh dow protocols, so uh public service update uh, whoa uh. No, this is dropping on me for sure. So i am currently i'm up, but not up as much as i was yesterday. I was up two grand as of right now i am up eight hundred dollars, so there must be some sort of a sell-off in the underlying cryptos and it looks like the underlying sell-off is a little bit heck.

A little bit olympus and mainly wonderland, is the biggest drag right now. Um life has been doing well. Midas is down a little bit galaxy's up a little bit uh just trying to figure out where it is so still. Overall, green and i started this on the 8th uh, so that was december 8th so about six days ago.

So i'm almost at my one week anniversary and that seems more important to say like hey. This is where, like how much i'm actually up on like one week's worth just to give everyone that update but uh. If you have any questions related to that, we can obviously get into more detail uh during the crypto show, which is at 2 p.m. So we did roll out a whole new crypto show just to remind everyone it in no way has any impact on the stock.

Show it's not like it's running into that time. It's not taking away from it. It's a it's a whole new additional piece of content. It's not taking away from any other content matt, please stop with time and om.

Look at axs and a-n-s far better projects. Far more stable, i mean to my understanding. Olympus is like one of the it's like the og-1, that's like one of the most stable ones. I haven't heard of these other ones, i'm not saying you're right or wrong.

I'm just saying i haven't heard of these other ones, i'll check them out for sure for sure for sure you were bored without us just admit it yeah i was like hang on. I just it's hard emotionally to go from streaming from nine to four to only doing half of that, so i was like i just i need them. I need the crowd, but for me i mean yeah, it's true. I love hanging out with all of you.
I have a blast doing it this. I haven't even been doing this stuff for a year. My first live stream ever was december 31st december 31st. I have not even been doing this stuff for a year and i did only streaming.

I only started streaming because i was a horrific public speaker. I am not joking when i have to tell you that it got so bad for me to make videos so incredibly bad for me to make videos that to make a three or four minute video. I got to the point that i had to singularly state a sentence multiple times like five ten times, and then i took that sentence and spliced it together with a bunch of more sentences and that's how i would make a three to four minute video. It was crazy, it was obviously a not highly produced thing and to make a three to four minute video.

It would take me about five hours. I grinded that out forever and ever and ever and it sucked and it was awful and i couldn't get better and i was like how do i get better and then one of my buddies was like. Why don't you just try live streaming because your speaking ability is horrific and it makes me not want to be friends with you anymore. I was like.

Oh okay, that's some pretty solid advice. Let's see how this plays out so december 31st of i suppose, 2020 was my first live stream ever and then i just kept live streaming and a month later, gamestop broke the internet, broke the internet and now talk about how quickly life changes fast forward one year. Basically, to see how it was at this point, last year, december of 2020 i had somewhere just under 9 000 subscribers. I had about like 8 500.

A year ago, 12 months ago, i had about eight and a half thousand subscribers. I wasn't. I wasn't mad for matt strats anymore, but i was pretty close to matt from mad strats. Just shows you how nuts things are freddie mac is anyone still in prague, i'm still in prague, i'm in prague.

I like prague, prague, prague, prague. How is prague doing prague is having a good day, i'm in prague. Actually, i'm currently long on everything you see on the screen. I am long on amc.

I am long on gme. I am long on prague and i am long on tesla uh. Some people are talking about lg, vm uh, remember with lg vn. I find it particularly interesting if it gets above 25.

So if like lg vn breaks above 24, if everyone could like shout that into my face - and let me know that would be great - that would be phenomenal. What else i'm trying to figure out matt's matt from matt's matt's basement cootery you're rocking in at number? Three. You have a number three gift like icon. Next to you um.

How do i do this? Can someone on twitch, let me know in the middle of the top of the screen so like right? Is there a free, loot thing somewhere? Like? Does someone see that on the twitch screen it should be there, but i don't know if i did that right and those those types of things haven't rolled out quite yet on rumble, but i hope some cool things are coming in the future. Oh somehow i mess it up. Is there ortex data on ptpi more than happy to look into it for you, uh ptpi petros pharmaceuticals, short interest data? Yes, the short interest is estimated to be 28 utilization. 86.6 shares on loan three mil, so that is for ptpi.
It is a low float stock with high short interest. Utilization could be a little bit better uh, but definitely a highly shorted stock am strn a fan of s-t-r-n for a daily on austin. That picture is scary, daily options i'm in at five um strn. I would want you wait you're in at five daily opinion.

Sorry not option um, it's a little bit boring today, it's up 6.7, which is not a bad deal given the state of the overall market would love to see a break above 620 and then i think the the game could be on the game. Could be a foot if strn gets above 620. all right? What else do we have doesn't matter? Shorts haven't covered shout out uh. I want a fair market and the ability to trade in pre-market.

In after hours the market is bull. Butter uh guerrilla champ retail traders can trade in pre and post market. You just need to get on the right brokerage if you're on something such as i don't know, td ameritrade, interactive brokers, uh you will have access to pre and post market training. I think you'll be able to trade as early as 4am and as late as 8pm is like the extended hours training but extended hours.

Training is not just for institutions, it's more of a brokerage thing, so you just need to get on the right brokerage. I just wanted to share with you all amc went green and i get a notice that says it's down 10. They might need to re-look at that shout out rogue uh, your new super secret boyfriend, susan and tesla are obviously bumming everyone out and paving paradise like the unwelcome, pulsing bell ends. They are it's always.

Your commentary is always deeply valued brandon morning matt. Did you hear that about harley-davidson ev sector going public with back impx, they would get, would first publicly traded, eevee motorcycle company? Actually, i did hear about that and i have a little bit more information for you a little bit more information. Where is it harley davidson's? Electric motor unit, referred to as live wire, will go public via spac in a deal valued at 1.8 billion dollars and the spec itself is, i m p x, i m p, it's an electric motorcycle play from harley-davidson, so for all of my motorcycle fans and supporters, And riders out there, maybe something to look into a couple. Other updates.

California is reimposing a mask in date for indoor venues, regardless of vaccination status, it will last for one month, that's related to california cacti c i c rcacti, which is travis scott's spiked seltzer brand has been discontinued by anheuser-busch following the deaths of 10 people at the Rapper's concert in november and finally, south korea will not join the other countries in staging a diplomatic boycott of the beijing winter olympics, citing its strategic ties to china, its largest trading partner and key player in negotiations with north korea. So south korea, not joining the other countries, travis scott's, salsa, brand, cacti being discontinued, harley-davidson, electric motor unit live wire, going live with us back and then california reimposing a mask man mandate, indoor, regardless of a vaccine status, and it will last for one month. So, just a quick little quick little update for you on all that impx impx. This is the financial conglomerates back play, so the announcement obviously came yesterday.
It gapped up. It went from 985 all the way to 10 25 came down. I'm actually surprised there hasn't been a bigger reaction to this quite yet, but maybe it's just going to take a little bit of time for the news to disseminate all right. Someone asked me to see what's going on with unusual whales alerts, let's see what they have today.

Alerts alerts, alerts uh, nothing too crazy, yet all right, so i at least have it up and if i i'll check back on it periodically to let you know, i'm curious if there's gon na be any of that fire for december 17th filters i'll. Let you know the most recent one, which actually is already public on their twitter. I believe now it's about to go on their twitter is spy. Someone took a spy put the bid side, but not that aggressive eh i'd rather see the ask side.

I want to see some aggression. I want to definitely see some aggression uh 21. 12. 13.

That is today. Oh wait. Wait! No! That was yesterday nope. That was today.

1009 am 1009. yeah. We will keep an eye on this for sure the spy taking kind of a bit of a hit ever since 10 am the queue, is taking a hit so tesla's holding up nicely. So my plays probably break even right now, but the queues i need the cues to wake up, hopefully get back above 388 amc now going flat at 23 and a half and honestly, given the fact of.

What's going on with the spy, the qs in iwm. Right now i will take that uh gme holding at up 3.9 trading at 142. I will totally take the greenness that we see in amc and jimmy right now, given everything else going on in the market. Uh, maybe potentially getting a little bit boring if it just starts to trade flat, but i'll take that given what happened yesterday, 100 we'll take it uh.

How am i always so much later than the others? Do mods, google every single word to see if it's a swear, um? No, that's not how it works. Uh like it's not like messages are held on our end from like a tech perspective, it's not like. We hold it like as soon as uh. A pub like a message is public.
It's public, usually on my end in the mods and we're playing always a bit of a bit of catch up. Yo match check out grtx. I bought calls for june back in october. Price target is 11.

uh, also where my sava quack shout out. L randall, so you want me to check out crtx, what's going on with crtx crtx, what did you do? You did you bought calls for june back in october. Oh so you bought this weakness and you got a nice gap up. That's crazy! That's awesome! I mean i'm happy for you.

I don't know much about what this pharmaceutical play is. It now has a gap above it all the way up to seven a gap below it all the way down to 140.. I would have to look into what the company is or isn't doing, but i would assume, with this 142 gap up that you are making a nice payday, i i hope you're making a nice payday. How is crypto doing right now, uh, so bitcoin was hit down to sub 47 000.

It's a little bit above it support, support, support support. You want this to clearly hold, or we might have another more serious leg down. Hex going up is solana. Bouncing solana was the victim of a ddos attack um, it is back live, but obviously that kind of freaks some people out and now more people are starting to question the security related to the proof of history consensus model.

I myself am not being shaken out. I'm in it just i guess, to clarify, but i'm just trying to explain like why it kind of took a abnormal size hit relative to the sell-off in bitcoin and ethereum. Ethereum is now sub. 4000.

doge on the commentary from elon is up quite a bit 20. What else we have cardano? It was hanging out at 220. Now it hangs out at 120. It it's just a weight play, matic is actually kind of looking strong.

Matic is a layer, two solution, a scaling network thing for ethereum. I am pretty bullish on it. Would love to see that recapture loop ring holding on strong above two? I have some loopering as well, i'm a fan of it. It just helps with defy exchanges and the build out of that.

So i'm definitely going to be bullish on that one. Can i check out the or text data on avct, please thank you. Have a great day shout out nate avct, more than happy to check it. A v c t a v c t: okay, the estimated short interest on avct is not announced.

Utilization is 99.98 and the shares on loan is 5.56 million so and the cost to borrow it is extraordinarily high of 364 percent. So, even though ortex is not predicting the short interest it, it has to be super high because the cost to borrow and the utilization are both like jacked up um. So unfortunately, i don't have the realm of the number of like where it is on avct, but it seems to be a pretty shorted stock. Well joke's on you guys, because google in australia means the c word is that true? Is that actually true, all right iwm catching a bit of a bid and simultaneously so is gme and amc all right.
Let me check out the overall market, the queue's bouncing and the spy bouncing okay, so we're seeing a bit of a bounce in the overall market. Uh not the biggest fan of that trade that just came through on unusual whales, we're going to be patient, patient patient patient. Maybe we can get this push of uh, so tesla right now, just so everyone knows. I am currently break, even at this 949 level.

At 10 22 a.m. Uh, it's roughly break even probably, should have locked in at that that next push to 9 58 that i hadn't marked out, but i just wasn't quick enough brendan, no just just yelling. No, i could respect that. I can definitely respect just yelling.

No on the internet, why not huh? Oh wait a second and just just no amc jimmy next levels of resistance, actually pretty easy, 25 and 150 at this moment, 25 and 150.. What's going on lipster green tree hugger? What do we have going over here? Whoa? The subscribes on rumble has gone through the roof it just like jumped by a thousand shout out to all the people on rumble partying over here. I appreciate it and also the follow slash subs on twitch also jump by quite a bit. Hey shout out everyone.

Thank you. Thanks for spreading a little bit of that love amc volume, the volume is 42 mil 42 mil, let's see if we can get this reversion tesla, let's go with this bid and the queues all right. Where else are we at someone covering maybe yeah? That is a potential opportunity of that. Maybe the shorts wrote it down.

They're like hey we're bouncing off of 20., so it very well could be it do i necessarily think that that's it. That's a tough call because we're seeing a simultaneous reaction in gme and we're also seeing now some strength in the overall market. So i see some money coming back into the market so that it might be good old-fashioned buying rather than shorts, covering, are most likely some shorts covering. Yes, we will know the answer in two days because remember when it's talking about a short you have to cover it and then the earliest you can return.

It is two days later, which puts us at the 16th would be the earliest that they could return it. If they covered this morning, if this was covering, which is a big, if we'll find out lol, no i'm saying no full stop. Google does not mean the c word full stop. Are you in blackouts, over susan is messing with your mind.

Sweetie, come back to auntie b's potential nurturing bosom. Oh man, uh t jameson brewer, yes screaming. Yes, i, like it whoa or santa hat's, going a little bit wild. Oh man - i i have to admit it - is so much more fun when everyone's messing around having a great time, everyone's jolly everyone's in the green, all right, uh tesla.

This is what i was waiting for. Okay, so we're getting the test hang on, hang on! Hang on hang on: let's see if i can pay off my cheez-it bill pretty soon here, all right currently up 15 percent uh. I need to go back to this and do this in real time. No! No! No! No! No! No! No! No! No! No! All right! I want that.
I want that and i do not care about that all right. This will be enough for me to hopefully snipe my exit just working on getting out of that quick, not i'm a little bit more nervous because uh day trading is not my forte. I, like there's just more randomness involved: oh man, is it getting spiked there again? What are you doing, stochastics what you doing what you doing hang on? Let me double check with the cues: the queues. Oh tesler tesler tesler, tesler, tesler, tesler tesler, you and i are just never ever gon na get along.

Are we okay? My average price was 15. 1505 if we're being specific. 1805. 1810 uh, 18 10, i'm putting in a sell order.

So i don't do something stupid 1810. Okay, i have an order a pending order, so everyone knows for a 20 gain on this play. It's a pending order, i'll, let you know if it gets hit. Um, i put it in because i don't want to be stupid with this, especially how everything my account can use a little bit more green.

If i'm being honest, as of now it's up 11, i have a pending order for 20, which i feel confident will be get hit. If we see a volume push above this 958 resistance, i'm nervous because i see that with the bollinger bands here we are pushing a two standard. Deviation, move away from average price action, which is abnormal 95 of price action, is, is within two standard deviations. So to be pushing outside of two standard deviations, um you're getting more into the world of gambling than playing with math, especially when i also see that the stochastics are pretty high right now um.

So i'm hoping a quick push. 958. 960. A very quick push should get me locked in just so we're all on the same page there but gamestop pushing that resistance at 150, gamestop up 8.4 and then amc hanging out at 24.50 right now time to yell.

At my tv i need to put my pac-man pants back on thickness is hypnotic, though shout out frank, lucid is moving a bit. What's going on with lucid, lucid having a solid day bouncing off a 30 sec, we've seen luce to definitely have more volatile days. I, like the chart, set up kind of a smaller magnitude um, but solid nonetheless, actually very, very similar to teslo seems like eevee might be moving in concert. Uh antibes bosom is so nurturing.

Some find it culturally insensitive. What are your thoughts on bio in tech um? I would actually probably prefer to play pfizer they, so if you're looking for a roanoke play, they're actually partnered up pfizer and bio and tech made the vaccine together, but on top of that, pfizer is much more of a goliath of a company. So your risk reward is going to be, i guess, smaller, less of a risk less of a reward, but the longer you're in this. I think a lot of people kind of get enamored with extreme reward when the longer you're in it you're actually going to get way more focused on just minimizing your risk and just like consistently taking a quote-unquote reasonable amount of reward.
Uh someone is accusing someone else of shilling uh. How do i do a poll on twitch, so rank just says: guys, sell your amc positions. It's going to crash hard this week, don't bleed more so that is from an account called ranked push. Now me being the benevolent leader of this little digital kingdom um, i leave it up to all of you folks.

What do you want? Do you want me to guillotine ranked, or do you want him to stay in? Let's do a little bit of a poll all right. This is going to be a one minute pull yeah. I just need your answers. All right.

The poll is up. Let me know, let me know you got ta, you got ta, get your votes cast in twitch chat i'll bring up a menu; okay. Maybe we have to do it there? Oh 86, 82 ranked it is not looking good for you, so many people all right. I found the account ranked it dropped to 81.

all right, i'm going to give this till 10 34., so you have 35 more seconds to vote, and this this is how things this is, how things rock all right. 30. Second warning get your votes in. I guess i guess the audience is not feeling that forgiving today definitely all right.

15. Second warning: the numbers are not moving ranked um, it was nice knowing it dropped a little bit. There's some people, one in five people are saying: maybe we need to give them another chance, but like any good scientific process like any good justice system, it goes with majority rule. That's just how we do these things.

That's just all right time is up. 80 said. Yes ranked, i just want you to know: it's been nice, knowing you it's been, it's been a pleasure, but you are the weakest link goodbye all right. The results are in ranked is gone.

Look at that 1.7 000 people voted 80 said out of here. 79 20 tried to save him, but it just it wasn't it wasn't enough. It was not enough. I like the democracy aspect of it, eddie eddie, fff8f8 matt, don't forget about us.

I'm right here. Eddie's like yeah, no get him out. Eddie wanted to see a little bit of blood today. Oh man, no second chances uh.

No, unfortunately, i don't know how to unban people from youtube chat. It's like seemingly pretty permanent anti-bee's bosom is so nurturing pastors in the park. Lot put that nurturing bosom away. Lady five is too old: the kid unknown, the bra himself don't cater to the snowflakes.

I like hearing opposing views, it's how we learn from each other. I don't know if i would call them snowflakes frank. I see what you're saying and we're not just gon na get people out um, because maybe it's a little dose of reality. I would i'm not going to call them snowflakes, i'm going to say people who actively participated in democracy.

You just witnessed democracy play itself out rank unscrambled. Is caring vote early and often works every november, i'm just trying to get everyone uh to be. We need to engage in the democratic process this. If anything, this is representative of you should vote.
Let your voices be heard on anything you should vote in political elections. You should vote in sec commentary, you should vote on streamers. Are they going to ban people or not democracy's good voices need to be heard. A lot of you might be saying, but matt.

It's not a democracy, it's a constitutional republic, you don't want mob rule and i would say maybe i do maybe i do want to bask in that chaos of absolute mob rule vote was rigged. Yeah. We sent some of the votes to dark pools to those uh. Not in this house celebrity haircut review, win yeah, that's uh, that's the secret stream that goes from 10 p.m, to 10 a.m.

That's a 12-hour stream where we just exclusively vote on celebrity haircuts. Uh voices need to be heard. He said, as he bans people i mean, but the banning. I i see what you're saying it's a bit of a catch-22, because the voices being heard were involved with banning other people's voices.

So there's a little bit of a catch there, but i don't know i don't make the rules he says actively, making the rules uh. I just followed what the people on the internet told me to do. Matt did not ban people. We, the people did pickle me.

Timbers understands it, i don't want anyone being upset at me simply following the orders i was given. This is you shouldn't be mad at me. You should be mad at each other if you're upset, but most of you are not upset 80 of you wanted that to happen. 79 of you are happy right now.

Vote makers, hey mats, uh. We, the people, the apes, decided gme, is up over seven percent today. It certainly is gme is having a great day currently up six point: nine percent, but let's just give it a couple cents and uh. I would love to see that test of 150 gme having a solid day prague having a solid day uh.

I don't think my tesla trade ever filled. Unfortunately, so he told us to sell. We don't do that. Um, i mean i'm sure some people have sold, they couldn't handle the heat in the kitchen, but hey that's up to them.

I'm not here to tell anyone what to do, and i don't think anyone else should be so even by that alone, that was giving he was trying to give financial advice. You can't give financial advice, look it it's on the stream. If you look right over, is this the right way? No, if you look right, if you look right here, how cool would it be if i actually figured this out where i could just like reach out a stream and like grab this right here, but like look right over there? What's that say right right right there, not financial advice, not financial advice. He broke a core rule of the stream.

He was attempting to give financial advice. We can't do that. This is there's a lot of advice in this stream. Quite a bit of advice, there's dietary advice, there's relationship advice, there's therapeutic advice, um fashion advice, very obviously, a lot of fashion advice because that's the overlap between um, my workout advice slash my fashion advice like it's just obviously we are a leading stream for thick based Fashion, obviously um, so is there some advice in the stream? Yes, of course, uh, but there's no financial advice did anyone else, find it weird that, like i don't know if you guys caught the interview yesterday with yahoo, but i did an interview on yahoo and they kept calling me a stock market influencer, they kept saying it.
They said it, they tweeted it. They said it, they tweeted it. They did this with it. They did that with that, but they're like seriously matt core's stock market influencer and i'm like what what gives yahoo stop? Stop doing that? Don't don't call me a stock market influencer, the connotations of that are so bad they're like what do you want to be called, and i was like i don't know like a a finance, show host uh, a finance commentator, a market commentator and they're like okay, cool Stock market influencer and i'm like, but i'm not i'm a market commentator, not a stock market influencer.

So i thought that was weird and i wasn't the biggest fan of that, and i also had no idea no idea that they would play this snoop dogg clip when i was like hey, like inflation, is high like higher than snoop um. That was a surprise to me and if you look at the clip right when they cut to me, i was like already laughing because i forgot, i had said that, and they didn't warn me that they were using that clip. I was dying like so. I was like back in the digital green room before like they bring you on and they're, like hey, like we're gon na like play this really quick.

I was like, oh okay, whatever didn't know what they were playing and i was listening to myself talking about inflation and saying that it was higher than snoop dogg, and i had forgotten that. I said that, and i thought it was so funny that that made yahoo finance. I was sitting here giggling like a little girl and then they cut to me and if you see it the cut to me like i'm, like i just calm myself down from laughing like, i was losing my shit, the fact that they used that i thought it Was so funny so so funny and she's like maybe i should start my streams with my moon gang and i was like i guess. If you want, we were so appealed when they called you a stock market influencer i mean i was there with you and not like.

Even if you're gon na call me a stock market, influencer get it right. I'm a stock market pico influencer like it's almost offensive to actual influencers um who influence shit like i'm, a pico influencer data satris run with it brendan. What are we talking about scott becoming an astronaut finance? Doesn't advise people in north korea, etc?.

14 thoughts on “ep 179 2 stock market panic dumb money w/ matt”
  1. Avataaar/Circle Created with python_avatars Jeffrey Ghezzi says:

    GOOD TIME FOR A AMERICAN BOURBON EGGNOG AFTER DINNER CHRISTMAS DRINK from Saarbruecken Germany!!

  2. Avataaar/Circle Created with python_avatars Clarot Chinenies says:

    Thank you for your videos mate.I will advice traders esp newbies to have orientation of trading before they get involved in it because the cyrpto market has been unstable, forget predictions and start making a good profit now because future valuations are all speculations and guesses. When news gets bearish start buying. "Keep it simple" That correction was the best thing that happened to me. but all thanks to BLAINE PHILLIPS JR for his amazing skills for help me to earn 8 BTC through trading chart. I believe we are in the spring phase.

  3. Avataaar/Circle Created with python_avatars Rb Info says:

    You live bro!

  4. Avataaar/Circle Created with python_avatars Honest Truth says:

    Ha, ha, ha

    Pump it

    Ha, ha, ha

    And pump it (Louder)

    Pump it (Louder)

    Pump it (Louder)

    Pump it (Louder)

    Turn up the radio

    Blast your stereo, right

    Ha, ha, ha

  5. Avataaar/Circle Created with python_avatars Frank Casey says:

    I see you on YouTube

  6. Avataaar/Circle Created with python_avatars Tom Yocom says:

    you were knocked off just before AMC pump. YOU totally were distracted and missed it. So you are definitely being targeted

  7. Avataaar/Circle Created with python_avatars TechTab says:

    Enjoyed the video, keep it up!

  8. Avataaar/Circle Created with python_avatars Matt Cox says:

    Imagine if the apes started posting "when model S" or whatever the sportiest car Tesla has. Then hashtag Elon and AMC.

    We would all buy Tesla's if we knew Elon pushed this over the edge.

  9. Avataaar/Circle Created with python_avatars Jeremy Bordeau says:

    Yep we hear you just the chat disaper

  10. Avataaar/Circle Created with python_avatars Marcus Christian says:

    Hi from London still holding 9 months, got 22,784 shares. Market crash or not . I will be rich forever

  11. Avataaar/Circle Created with python_avatars Jeremy Bordeau says:

    The video was crash just reload and chat disapere

  12. Avataaar/Circle Created with python_avatars Ernie crispin says:

    I hear you Matt

  13. Avataaar/Circle Created with python_avatars Off Dayz says:

    Didn't a bunch of people predict that this would happen before it squeezes?

  14. Avataaar/Circle Created with python_avatars Ryuzaki says:

    The fuck is going on

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