Hello, hello, hello: what is going on moon gang? We are having a little bit of some technical difficulties over here. On my end, uh, my audio is deciding to just not work. In fact, i'm not even sure you can hear me at this moment in time you this is something's going on my apologies for being late um, but can can you hear me right now or is it just like a screen, and you see me talking because i Can't hear anything in fact, and i don't know why i can't hear anything uh is it coming out. Why is it not being piped the right way? So you can hear me, but i can't hear me all right well, i appreciate that you can hear me well at least we're at a workable state.

Then twitch can hear me all right, let's see so every okay at least so i'm the only one who can't hear me we're we're somewhat working now. Can you hear music like if i were to play this? Is there music right now? Let me know if anyone can hear music. Currently, yes, we'll just listen. So how would i do a little fix-a-roo over here to solve my sound, sound settings? All right we'll have to figure this out at a at another point: we'll have to rough it just like in the olden days.

So i guess i don't need that anymore, but at least we have the the santa hat uh. I guess we could pause that we could pause this wait. If i do this, is there still a voice change like if i say this, is this the big announcement voice? If i do this, is that coming through properly or is it just like my normal crappy nasally voice? Someone said that they like the music. I i don't even know what the music was today.

We're doing this one dark we're doing it dark. It did voice change. Okay, so everything is fine, except for the fact that i can't hear anything but hey whatever professionalism, i'll wing it don't you worry about me. These are just natural snags.

You have in being the biggest finance show in this sector of the galaxy. I can't say the entire universe, but the numbers are coming in for 2021 and this particular quadrant of the galaxy uh. It was a race for second place and you know some of them. You might be watching those shows and you might be saying yeah no, but it seems like they have like no audio issues and that's true, that's a very, very fair comparison about what's going on, but they also probably aren't rocking a cool santa hat.

And is it a cardigan? Is it a robe? No one knows no one knows what i'm wearing on my torso, but we'll figure it out. It did play over well with the voting council, the the grand galaxy council, of whoever votes on these finance shows and when i say like i won, it was actually the awards went directly to chair and they're like they just asked me to accept the award unplug. Your ears for 30 seconds i, like that, all right, i'm on fitzy, requesting grillionaires. We could do that.

Unfortunately, why can't i hear it problems, problems problems? Are your headphones plugged in? Are the heads phones plugged in yes? Yes, yes, yes, i could try unplugging. It hang on give me a second whoops all right: let's try the old, unplug and replug. Is it gon na be working now double check, double check, uh, let's see if the old restart is going to work. All right is this right.

Oh there we go there. We go it's my liquid eyepiece for your bottles. It's my liquid! All right now we're doing it! Stop breaking the law. Asshole give us the fucking money like a quarterback.

If you don't mean a thing, water up, a dustback ain't snot leave a nut until we get the money stacks monkey monkey two monkey holdings blue monkey magic coming through us monkeys on the moon, double digit, iq, candy, loving, bamboo right here we got more smoothies than The jumbo we don't need another fan because we huddled through hard times money wow. Let's try this again moon gang, we made it, we made it. It is friday december 17th, and i would like to thank you all of you for helping me through a little bit of that audio mishap. We had this morning, it turns out, you just had to try restarting it now if you've been hanging out with me for a little bit.

You know my background is computer science kind of like that nerdy programmy computer hardware, type of a background and with it you would think that, with that kind of a background with those kind of previous accolades that i would know you always just try, unplugging it and Plugging it back in that was the first three years of my extended seven-year college experience. Matt seven years, did you get a master's? Did you get a phd? No, i am what we refer to in the biz as a slow learner, um. Also in the biz. We refer to people of my particular inclinations to be a bit more of a partier, so it took me a bit.

It takes me a bit to really get through those classes, because apparently you need to see um. I don't know i don't know why they do that. It's hard, it's hard to know more than 60 of the material. That's that's over half of the words that are said and over half of the questions that are asked you're supposed to get right and know.

What's going on, they just they didn't really catch. My vibe in college is what i'm trying to say: they're like matt, mr coors. Why are you late again? It's very obvious. This is a 10 person class.

I was like listen. It's just i'm just not feeling the vibe today, i'm just this vibe is not cool man uh. They didn't like that. They didn't like that at all, but anyway i probably missed the class of when they're like hey unplug.

It plug it back in unplug, it plug it back in uh. So i appreciate all of you sharing those little technological based tidbits with me to get the show running today, and it is a friday we made it, and fridays are always the fun days here. Um, especially because the market's been a little bit more red on fridays, and it seems like what's happening this morning - we might be having another uh bloody friday mess on our hands. So here we're gon na be jamming out we're to be having a good time.

We're going to be doing our desk best to keep our spirits high because it is tis the season. So today, what you need to know we're going to have somewhat of a normal show from 9 to 11, then we're going to have that crypto show at 2, but for the power hour show. This is your public service announcement? Wear your party hats and i don't want to give away too much, but you're also gon na want a twitch account. You're gon na want a twitch account for this afternoon stream and, if you're coming into the power hour stream, expecting it to be like heavy on stocks and technicals and what's going on, don't i guess is my like warning to that.

You're gon na want a twitch account for the afternoon stream and it's gon na be more of a hangout kind of party type vibe. Rather than actually talking about stocks like yeah like we might look at it, we we totally might look at a stock or two. Maybe i don't know, i don't even know if i could really put that out there, but for the power hour stream the friday afternoon stream. If you're gon na want to participate in some of the festivities we have at hand, uh definitely make a twitch account def.

I don't know how to be more straight up about that make a twitch account. Uh tp nope still banned all right tv. We might have to get you another one. My one of my mods is banned from twitch.

What kind of business are we running here at duck? Moon ape incorporated people are accusing me of being drunk this early in the morning. Folks, it's 9 00 a.m. We all know that's an 11am type of a thing, um all right. Let's, let me get you guys, we're already a little bit late.

We we're getting off on a rough start, but hey that's friday. Maybe one of these days i will have the professionalism and the composure to finally be a co-anchor, a co-reporter, a co-superstar with the kelly ripa, i'm just working out, i'm working out some of the kinks um, definitely working on some of the kinks. So yes, red red and red and red and red and red. Unfortunately, this is festive it's it's half of the colors that we care about.

It's half they're, getting the moon part right with all this red, but not quite the other 50 um. It's and if we're gon na balance it out and go 50 50 if the market's trying to be as festive as possible, it's kind of missing the other half of the colors. It's supposed to go. So it looks like it's a rough opening, but yesterday was a great opening and the exact same thing happened all day, so maybe today's gon na be you know if we're always just inverting, unplugging replugging and doing like nintendo 64 cartridge cleaning.

Maybe someone needs to unplug the market and plug it back in. I think now that i'm more thinking about it and like really ruminating on what's happened thus far this morning, i think someone needs to recommend unplugging and replugging the stock market back in. I think that's. What's going on, i think that's what we need, but here's some things you need to know about in general, on a little bit more of a serious note, character, change, serious matt.

Let's talk about stocks hi fellow stock people who care about markets, the stock futures under pressure is selling in tech. Stocks continues, oh my bulls bears and red markets. Oh my. What you need to know about this is tech got hammered yesterday.

It got hammered, it dragged pretty much the entire market with it previously two days ago, the semiconductor industry was doing pretty well yesterday it did abnormally poorly and with it. I guess we're seeing these weird reactions to the dovish, less hawkish nature of the federal reserve, but on top of that there are some new concerning reports coming out related to rona um over the past handful of days. It's it's shooting up. So, in the u.s, the we are currently at a rate of uh nineteen thousand new covid cases a day, which is a forty percent jump.

So, right now, as with tis the season, i guess uh, the flu, this flu is spreading amongst people were seeing. Various changes, for example, shows on broadway are doing in postponement. You have colleges that are doing their finals from home, like they're, not having people on campus. So i think this is prompting some concern, but we're also seeing some positive news in terms of like super low mortality rate, which is awesome and we're also seeing positive results of people getting vaccinated and that kind of comes up to this fauchi says a redefinition of Fully vaccinated is on the table, um and basically they're talking about i'm really the two to versus three type of shot thing of like who is or isn't fully vaccinated.

But what's weird about this, a redefinition of fully vaccinated now, does this really connect at all to the federal reserve in the word transitory? No, but i still think it's weird that these uh political speaking heads are just redefining words in real time. I find that to be what this is two in the past month that they're like nah new definition. We don't like the old one. Um feels weird that this is like the common tactic.

Oh you should also. I was just reading that uh best protection pfizer moderna. It it sounds like people are kind of it feels like team, pfizer and team. Moderna are kind of attacking team, j and j uh in relation to the booster shot.

Also, in relation to data related to blood clots, um team, pfizer, t moderna really and like team jnj was already the smallest team and i feel like the two big heads are like really picking on the small team now, so i don't know what team you are. Maybe you're not a team, maybe you haven't picked your team yet, but um team, j and j, definitely the smallest team and getting picked on by the other teams. Uh. If you happen to be team, j j, i'm sorry but uh you're, the other teams are being pretty mean to you right now.

Darden shares fall, as ceo announces plans to retire, so the ceo rick he's exiting it out, um with me and darden, and obviously you know my personal vested interests. I think this is an opening that texas roadhouse could get taken to the next level. So texas roadhouse is an independent company, while darden owns many different restaurant names and these different chains, but with a little bit of weakness right now. I think this might be the little sliver in the door opening we need for texas roadhouse to regain its crown, as by far the best restaurant on the face of the planet bar none, there's no caveat to that.

I'm not saying a mass chain, i'm not saying michelin, i'm saying bar none. There's no caveat. I think this is the opportunity for texas roadhouse to do what it needs to do and get up to numero uno riving, slides after officials cut 2021 ev production expectations, rivien coming out in the most recent quarter, they burned 1.23 billion and they had a revenue of A million so it's not the best scenario to be burning over a billion with a revenue of a million uh, so early market, it's getting it's definitely getting a little hit right now so problematic, but for quite a while we've said not only is rivian overvalued. It's like considerably overvalued.

They've delivered not even 200 cars and at one point they were worth a billion per vehicle delivered. Sometimes those things just don't match up. I'm i like ravine. I wanted to be successful in the long term long term, but the excitement related to the ipo really got it pushing higher and higher and higher uh extremely overvalued, and it's been confidently sitting there too, which is also interesting.

Fedex reinstates 2022 profit target shares jump. So this is kind of interesting over the past year and a half so many companies a key aspect of the kerning's announcement. Their earnings report is along the lines of hey uh. We don't want to talk about next quarter because of rona.

We feel un well making any predictions. We don't think it's the best thing to make a prediction right now, because we're playing with a deck that has too many unknowns. Well, it's kind of interesting that fedex may be leading the charge of no. We we think business is returning to normal and we can safely give future projections, so i'm not specific really to fedex, but also, i want to point out that this might be kind of, hopefully what i guess like a high water mark of sorts of people.

Being a little bit uncertain, what i'm saying people i mean these companies and their leadership teams uh, so we'll see how that all plays out. Also one thing: i really wanted to point out that a lot of people i'm finding out don't really notice, is let me, how do i zoom in okay, zoom, zoom zoom enhance enhance, enhance? Where was it okay right here? If you can see it, i just want everyone in the world to know that they intentionally have this arrow between the e and the x in fedex. They have like the shipping ariel. You see it right here, i'm like outlining it with my mouse.

A lot of people go with not appreciating the logo in fedex, so i just wanted to bring this to everyone's attention. This is a public service announcement that now all 5 000 of you every time you see fedex. I want you to notice this arrow and bring it up. This is solid holiday season.

Filler conversation you're sitting there you've never had the best relationship with your father. You don't know what to talk about. You already talked about sports. You already talked about weather.

You already talked about the oil in your car. It is time to bring up hey dad. Have you ever noticed the arrow in fedex's logo you're welcome, you're, welcome, you're! Welcome! I don't want anyone saying i don't do anything for this community all right. So you know about fedex: there hang on, i zoomed it out a little much there.

That was aggressive. That was aggressive uh in terms of a particular update. Jp morgan agrees to 125 million fine for lending employees use whatsapp to evade regulators. Reach stop me if you've ever heard this before, but it seems like these big banks, and these big institutions are continually doing things to evade regulators reach this stuff is nuts, it happens all of the time and it it's just so sad.

Like the more you really dive into the world of what is or isn't occurring in terms of wall street and these big banks - man, man, oh man, it's just they're they're - always doing this, and what's sad, is whatever they were discussing to evade regulators reach. I bet it made them more than 125 million it's a speeding ticket for them. That's just the cost of doing business. If you make 200 million, which i don't know how much they made, i'm just saying as an example: let's do a different example.

If you made 126 million and you're fined 125, are you ever going to stop that proc practice ever ever ever whenever it comes to breaking rules like this, the fine not only should be like a base level, but on top of that it should be a multiple Of whatever the profit was, there should never be a regulatory slap on the wrist that the fine is less than whatever the profit of the illicit actions were. It just doesn't make sense and that multiple should get bigger for every continued violation of whatever the law is. The sec announced friday that jp morgan securities admitted to bookkeeping failures and agreed to pay 125 million to settle the charges. The sec said that jp morgan acknowledged that, from at least january 2018 to november 2020, its employees use personal devices to send texts, whatsapp messages and emails without about company business.

Federal law requires, broke, brokers, keep and retain meticulous records of electronic messages to guard against fraud and market manipulation. They clearly knew what they were doing clearly clearly clearly knew what they were doing want to give you that update. Now, let's quickly take a look at the technicals of the overall market: s p 500 is gapping down uh to 462. We have strong support at 460..

The tech sector is also gapping down to 384. We do have support at 383.. The russell is, unfortunately, gapping down below a key support uh at 213.. Let's hope that it catches itself very, very soon, uh.

Currently at 212. You really don't want the russell going south of 210 uh things could get a little bit spicy if that ends up playing out in terms of amc. The short interest is estimated to be 20.4 percent in terms of gme. It's estimated to be 17.15 now from a technical perspective.

The last three days have actually been pretty decent for amc. We have a little bit of a gap down uh, so let's hope that this can stay above 22 and a half and definitely stay above 20.. We'd love to get the push, break and hold above 25 26 kind of opens up the next door, but with amc i strongly believe it's going to be much more highly correlated to the s, p, 500 and the russell 2000. So i would highly recommend not only paying attention to those if you're in it, but pay attention to amc and its correlation, particularly with the russell in terms of gme.

We got the breakout yesterday couldn't hold and we ended up closing right below this trend line. Currently. 142, a small gap down. Obviously we want this to stay above 130.

now, in terms of some of these. Other interesting plays uh we're seeing a bit of a gap down on tesla, and it looks like it's just going to this gap fill from october 22nd, around 910. Looking for the gap fill to the downside on apple today, rivien you have the gap down because of the fact that it's burned 1.23 billion and it only made a million. So people not reacting the most kindly to that in terms of apple.

This one really bumps me out uh. Yesterday i got some calls on apple. I i'm looking at the 180s for next friday a week from today uh, but we're getting this two dollar gap down so across the board. Everything is apparently gapping down.

At least i could feel a little bit better about robin hood gapping down like i'll. Take a little bit of solace in that in terms of crypto. Bitcoin is now at the support of 4647 000 once again, support support, support, support, support, support, support, support, uh, so we're here we are seeing a pattern of lower highs, so we have this wedge structure going on we're just keeping our fingers crossed that bitcoin can hold On to the support, and hopefully, pull a u-turn to the upside aetherium had a nice push lately, but it's giving up those gains avalanche, which i did a breakdown. If you want to know more about avax, it's on the channel, it was the crypto show from yesterday.

I did a quick 15 minute breakdown, the high level breakdown of what you need to know about avalanche, very impressive project, impressive consensus model, impressive protocols worthwhile and this one's actually holding very strong, recently, 76 up to 10 110 coming back down to sub 100. Now, back up to 104. solana had a nice push too, but also taking a breather overall. There is obviously this general consensus that we're seeing that there was a movement previously from high growth, higher risk back into safer things, then quickly back into high growth, high risk and then yesterday, a pivot once again out of high growth high risk.

So that's why we're seeing particularly tech, some of these quote, unquote meme, plays and then also crypto, be abnormally volatile yesterday and today and let's see how it all plays out. Yesterday we had a beautiful gap up everything was exciting. Everything was green in the morning today. We're having a gap down so, let's see, if we're just gon na play a quick, reverse uno on all of these things, when the market gets going, i want to talk about the extreme success of spider-man, no way home extreme success of spider man no way home, But before we do that, i don't know i sound this this early and i just wanted to share it rare pacific football fish found on california, beach um.

I didn't even know things that look like this exist and, if you're in california, i feel like this is just a public service announcement that you can find these things, which i find to be particularly concerning. I also wanted to share this video that everyone's getting stoked for the holiday season, including these reindeer, look at all these little guys. Look at all these little guys doing reindeer things, so it looks like they are in training training for the big santa day um. I just thought it was.

I needed those two public service announcements to go out before the bell goes: ding ding ding. We will be talking about spider-man no way home in just a second, but before we get there, we have about a minute left and i would like to publicly announce that today's ding ding ding ding ding of the bell, goes out to the birthday girl. We are one day behind this is uh we're gon na dedicate the the ringing of today's stock market bell to anna um. She is the girlfriend of a standout member in the discord austin.

I believe she's just turned 23, so shout out to anna. I hope you and austin have a great holiday season. I hope you enjoyed your birthday and i hope, you're doing some fun stuff this weekend to actually celebrate and maybe you're even seeing spider-man no way home so happy birthday, anna, all right. We have 15 seconds.

Let's get ready head in the game: calm cool collected, let's see how this all plays out. Let's see how this all plays out one minute, one minute: let's get going folks, ding, ding ding, the casino is open best of luck to all all right. All right. Let's see how things want to shape up today, let's see how the market wants to shape up today, hey matt, thank you for everything watched spider-man yesterday at amc.

It was amazing any thoughts on sprb. Let me write that down sp rb, p or b. I have rivie inputs from yesterday during lunch. Eighty five dollars twenty three extra.

How would you play just need other opinions, amc to the moon, well, seeing how things have been going lately with high volatility. I mean you probably have a nice nice gap up in terms of your per like profit. I would just be locking it in it's friday, you're heading into the holiday season. Take that money, that's how i would do it uh thoughts on charlie gas, calling apes a circle.

Jerk uh, i didn't know he did that, but i don't find it that surprising that he has he behaves and conducts themselves that, like in that manner, i don't know. I don't really spend much time thinking about him. It feels like a waste of time and energy and it i always come out on the other side feeling like i've lost like iq points, so i need to save the ones that i have need to save the ones that i have happy birthday. Anna, my son's.

First birthday was yesterday: mac ergo matt. You will now address me as mack, daddy or super chat, daddy, mack daddy. I like that guerrilla champ, champ, hey shout out man and also the happiest of birthdays to mac as well mac and anna anna sharing a birthday who else who else is sharing a birthday? Who else do we have that any other birthday people uh? I see some people saying gme, but uh jesse and reggie jimmy's, not like really moving this morning at all really ml. I mean if it's moving, we can have it up, but we like we kind of need.

The movers up on the chart. Mine was yesterday souza mac and anna all sharing the same birthday i mean i could leave up gme for a bit but folks, if it's not getting volume, if it's not getting volatility, we can't really keep it up there. Someone said: look at hood hood hood hood! What's hood doing new all-time low looks like a new all-time low for hood down at 17 20.. Never ever time, gme and amc shouldn't be up, dude just doesn't get it um.

I i i'm trust me goat. I get it and, if they're, if they're, not moving, i'm not gon na have them up, but i i implore you goat. If you want it up all the time, get training view, keep it up all the time. This is a.

This is a little bit of a secret, but um don't tell anyone. I told you this. This is this is just a secret for all of us, um you are allowed to put whatever you want on your own chart. So, like you could listen to me, but then also watch whatever you want on your own charts that that's a secret um.

It is a secret like in the biz that we don't really want out there because everyone's like oh wait. No, i want them to be dependent on my charts um, but if you want to watch the charts on td on weeble on training view any of those um yeah, no, that's a rule that or it's not a rule. I should say a lot of people think it's a rule that, like you, have to be doing whatever the streamer is doing, but i'm sharing industry secrets - and i don't want - please don't share it anywhere else like there's like a secret council of like finance streamers, and We talk about it and they're, like the public, can't know that they're allowed to have whatever they want on their own chart. That's a rule.

I've been obviously kind of, like i don't know like, i think they might know about that and they're like no. They don't know about that, and it's like a whole big fight back and forth in, like the secret council meetings that happen every weekend every weekend at noon at the at the local, texas, roadhouse, so mum's. The word mom is definitely the word all right. What do we have? Amc at 24 hood hit the new all-time low, how let's, let's actually clean this up for a quick? Second, let's do amc over here.

Where is my amc? Let's do gme over here and let's have some apple and let's have some cues nick spy uh. They look pretty much the exact same. They look the exact same, hey, matt. Thanks for all you do.

I think amc's next live event should be a live. Verbal boxing match between you and gasparino - all amc debt equals obliterated. I would do that more than happy to do. I mean whatever how about that.

Whatever money is raised from a debate 50, he could take and give it to whatever charity he wants and then the other fifty percent i get to put it in whatever charity. I want great day to check the oil mat shout out brian, a little condescending of one of your viewers, bro wow high schoolers, welcome to the show first time in the show. Oh things are turning, we kind of had a pretty nice push-up. First i mean granted.

We gapped down, so we were just trying to make some of some of that deficit up, but man, oh man, a little bit coming off the cues. Why can't we just stop the bleeding? I don't think we're supposed to have this much red in the market feels like feels like it's a rig game or something i'm just here for the cryptos uh dean that given away secret info like that, it's nothing a great day to check the oil. It definitely is a second spur long listener. Tell these clowns beat feet all right.

Someone else asks about svrv: let's go amazon sprb. Someone asked about this and they're like hey. What are your thoughts? Oh a bioscience gap up, not my play, and i don't think this should be many people's plays because it literally just hit a new all-time low as a gap up, but the gaps go in red. I would be very careful with spruce bioscience.

I don't know what they do: it's not far off from a penny stock and i just see a pretty bearish trend like you're, finding a very ever since 13 months ago. All this thing has done is gone to the downside. I would be careful with that. Be very careful with that.

I have no reason to believe that it's all of a sudden gon na do something different. Someone said crypto plunging, ah bitcoin broke below this support. No kryptos everything's taking a hit this morning, everything's taking a hit bounce. You could do it little guy is what's green folks, give me what's what's positive, what was the standout yesterday? Roku is roku at least have no even roku's down today.

Is everything going to be down today? The qs amc getting hit gme jimmy, hasn't even traded. A quarter million shares um. It's just not a high volume. High interest day fix.

You know when you guys are right. You guys are right volatility. I taught you well, i like the sarcasm and i like the technical accuracy, there's something about that to be sarcastic. It is a volatility type of a day.

Oh man, do we do it? How are we feeling today, man looking froggy here cues? We have iwm all right. Here's what we're gon na do we're gon na break all the rules. I shouldn't even be trading, yet i shouldn't be doing any of this stuff, we're breaking all the rules today. Whatever rules you have take them and throw them out the window, all right apple calls we're getting out of those all right.

We're getting out of those done. Give me my 15 bucks back wow. Those are pretty much worth nothing all right. How are we going to do this all right? What are these training at we're getting out of these other ones, for a healthy haircut, apparently, all right? We did that all right now.

What are we gon na? Do hey, let's see what the spy action really is. Okay, spy nope, which one's taking the biggest hit the cues all right. Let's go check out the cues cues, all right, cues, 15 minute whoa. Actually, it's kind of bouncing, which means the only thing we could ever do is coin flip simulator all right! The question is heads is, yes, tells us no, as always heads yes, tails.

No and the question is: should i yolo bet against the nasdaq 100? Hedge? Yes, tails? No, yes, yes, the flip simulator is concurring. Well, you got ta, listen to the flip simulator. This is how things are done december 20th. What day is that the 20th is monday? Let's go out five days and let's check out the puts, what are we at three three, something mm-hmm all right i'll, let you know if that gets filled and if it does i'll give you the details, the quarter told me to do it.

We did it it all. It's all the flip simu hit heads it's just how these games are played. Did i get a fill nope? I still don't have a fill patience, patience, patience, patience, patience, maybe not the best time to do this. I think i should have got a film by now: okay yeah, i got ta fill, so what i played was the 375 qs for december 22nd.

Honestly, if it goes this way if the tech sells off, but then amc crushes it. That would be. I wouldn't mind that i wouldn't mind it going that way: making some money against the nasdaq but then making some money back on amc getting closer to that break even uh late to the party too many beers watching the chiefs chargers game. Any lucid news all right, lucid, what's going on with lucid, uh, lucid getting hit by eight percent lucid, i would be watching the support between 34 and 36.

You do have a gap up from yesterday's low at 39.51. In terms of news, i am not seeing breaking lucid news right now: no breaking lucid news, all right, no breaking! Maybe there is well hang on. Let me i'll double check on that one for you. Let me use some other resources, nothing i'm seeing for today.

It's just more. The news i'm actually seeing relates just the eevee sector, and particularly the like tech sector kind of getting hit. Um sean is saying: gamestop is better than amc um. If you believe that get gamestop trust me sean.

No one's gon na see your like random ass comment and saying um sean said it. I should probably switch over to gamestop if people like gamestop they're, already gon na be in gamestop if they like amc, they're already gon na, be in it. If they like a combo, the two they're already gon na have a combo of it too. You sharing that opinion you're not going to change anyone's mind you're, just being like divisive, like people you're just looking for a fight, and i don't see like, what's the point of looking for a fight, it's a friday we're having a good time i'm in both, but, Like has anyone's mind ever been changed in a comment on the internet.

Ever i have both. I just think gme will rise higher okay, like everyone's entitled to their opinion. Uh. Obviously time will tell who is right, but i don't like.

I don't see the point of pitting the two against each other when, from everything i've seen, the mantra of the two groups is very very similar of, like hey, we're, trying to point out some of the parts of the market that are like messed up and either Politicians and or regulators should like pay attention to the like. The infighting between the two i just don't get it pfizer has been strong the past couple days. Yeah i mean, with data coming out that there has been success related to their booster shot and it's lowering the symptoms of the unicorn variant that that's going to be positive and then, when you kind of have that all together with what was it the? I guess newest increase a considerable percentage increase in the new daily cases. If more and more people getting their initial shots or the booster shots, that's going to be a net benefit to pfizer, bare head and shoulders and symmetric triangle on btc.

For our iwm days to cover is 3.7. Can an index squeeze positive is fedex um yeah i mean anything, can squeeze it? It's just squeezing is more of. Are there a lot of shorts under pressure and then are they going to be forced to like run to the door? So it's more of you have to look at the amount of shorts and then, if something starts, to go up and puts pressure on the shorts of course, they're gon na, like just pull the rip cord, but also the days to cover it's a little bit misleading Um, so days to cover is the theoretical scenario in which, based on the average volume over the past, whatever two weeks over the past two months, three months, like whatever time frame, you want it's the amount of shares that are short divided by that rate or that Average value, but that's also under the assumption that, all day the training is exclusively shorts, covering which you're not going to see that in reality, i make all my trades based on your chat comments. Shout out.

Brambles uh check out walmart wmt, what's walmart doing so didn't walmart and amazon both have an abnormal reaction. Yesterday, amazing, no, i guess not. I've seen some weird posts about walmart or amazon in the post market. Yesterday, walmart's actually down on the day.

It's had a good move ever since the ninth we had, and now it's just apparently taking a little bit of a breather. I kind of like this support level at 142, potentially playing that i've never been like too fascinated or interested in training walmart or check it, because i think it's a good caveat barometer for retail and retail sales. So i'll pay attention to it. But i'm not like the most active trader, especially because it seems to do a very good job of just kind of going nowhere, it's more of a range bound, so i'd be interested in playing this from like one end of the range to the other end of The range all right people getting excited.

I see a lot of comments about amc. Nice push off of 23.80 up to 24.80, so we had a nice dollar move right there. Uh 25 is the key level 25. I think things get particularly exciting.

Above 27, 27 tesla, someone just screamed tesla. Did we get that bounce off of the gap? Phil wow, my cues are already getting annihilated, q's already getting annihilated. Well, it looks like i did the exact opposite things that i should have done. The exact opposite.

Why is cost to borrow so low when si is so high, because costs of borrow is going to be more related to utilization than the short interest cost to borrow is not a function of short interest really in any manner cost to borrow is the supply and The demand of how many people are trying to loan out shares and how many people are trying to take those loans, so a better metric to pay attention to is utilization and not short interest. There might be some weak correlation between an increased short interest and a higher cost to borrow, but the better correlation would be with utilization dylan. My 27 amc calls are printing congrats man we're seeing a lot of green right now. All it took was for me to bet against the market, and then the market started moving up to new levels.

Just my luck, uh someone said volume on amc. It's only six mil right now and then the volume on gme is 300 000.. Remember though, naturally, you are going to see less volume on average with gme, just because it's it's 144, it's more difficult to buy one share from like a financial standpoint of gme than it is amc. In fact, you can get six amc for one gme andrew shout out shout out shout out shout out all right, let's see, what's going on, let's see if this momentum can hold, i like it, i mean the buyers, they waited about 15 minutes and then, like all Right time for us to step right in time to step right in house is crypto bouncing off of well a little bit, i'm seeing over the past 15 minutes some green in crypto.

Oh, let me give you uh a quick update on these dow protocols. You know, oh man, okay, so you already heard my story this morning about how, like my audio, was just going absolutely deafening, as in just it was not working, but a more exciting story is. I was at the sangria store last night. You know me.

I hard day's worth of work it's thursday, but i was thinking it was friday because i don't know time is just a construct and i don't necessarily believe in the linear nature of it. So i i come in all hot and heavy, i'm like whoa like i kick open the door, not really because it's the sliding in the door and i'm like hey what up. Sangria store works, person happy happy friday and they're, like mr coors um. You've done this before, but it's actually a thursday but yeah.

We have your sangria, i'm like sick dude thanks. So i get said sangria and i'm walking out with my completely real girlfriend and i'm having a completely real conversation with my completely real girlfriend and she's like how'd your day go and i'm like. Oh my market, wasn't the best. People still think i have control over the market and they take out their anger and their losses, particularly on me and she's like oh well.

Maybe tomorrow will be better. I was like, maybe it will and then my completely real girlfriend asked me a completely real question and said: how is that crypto project you're doing i was like oh like and i'm kind of running through them, and i was like oh olympus - is kind of doing This and wonderland's doing this, and this is all happening as i'm getting out of the sangria resale story and i'm walking through the parking lot. This is how i walk i'm just actually. What would be? Maybe i could more visually show all of you.

So it's kind of like well there's two of us because it was with my completely real girlfriend, so it's kind of like like we're, walking we're talking that kind of a vibe. Just i know there's some visual learners out there and i want to be as um as helpful as i can getting across, like the state of the story, so we're walking through the parking lot and a very nice gentleman looked over he's like sorry to interrupt. But you need to look into wonderland and i was like wonderland time and he's like you know about wonderland. I was like you know about wonderland, and then it was we didn't mean to, but we ended up creating the spider-man meme of like we were all pointing at each other.

Well, my girlfriend wasn't involved in pointing out anyone. She was just there and she's like what are you talking about and then both of us were like, if only you knew so i thought that was funny so shout out to the random guy who met me outside of the sangria store. I don't know if you're watching today, he didn't know who i was at all. He just thought i was like a guy who was wearing a santa hat way too early buying an entire small militia's worth of sangria to get through the weekend.

But we had a great conversation about crypto, so that was fun and speaking of spider-man. Now that the market is doing its thing and we have some green, let's hop into why amc might be having such a good day, and this stuff is nuts, so adam aaron tweeted um ticket sales at amc for tonight's opening of spider-man no way home were through The roof - that's a colloquial industry term, meaning really really really and i'm saying again really big. Thank you. Sony pictures to all of you who saw spider-man at amc, so it opened yesterday and it was already 1.1 million opening evening.

Just staggering spidey numbers, 1.1 million people watched the new spider-man movie at amc in the u.s yesterday biggest amc opening day, grosses for a december movie, ever second biggest opening at amc of all time biggest one day, sales for any movie in all of 20 in 2020, And 2021: that's crazy! That's! Oh brother um! So this entire concept of like the movie going experience, is dead. Um. This records we're breaking records. Folks, amc theaters eclipse, baka box office records with spider-man no way home achieving highest december opening night ever and second highest opening night at of all time, amc crushing him spider-man no way home beats avengers endgame box office with biggest opening day ever in mexico.

This is going to be nuts. I myself was looking at the theaters in the philadelphia area. It's insane like every seat and every showing at every theater within an hour is like taken they're like maybe, if you're lucky and there's a opening seat. It's like that.

Crappy one in like the front corner the front right or left corner and like even those are honestly getting scooped up. So this one. Yesterday we were talking about it um. I was off on my prediction.

I said, and i get it it's up there. I didn't take it down, i'm not embarrassed about it. Sometimes i'm wrong. I said publicly - probably in an outfit similar to this - that i wouldn't be surprised if, on monday, i'm reading to kick off stream, i'm reading the articles that are saying no way home beat all records.

I was wrong. Apparently it just had to happen today. So, on thursday i said it would happen on monday. In reality it was on thursday and it happened on friday.

So i was off, i'm sorry um. It makes me emotional. I wish i was perfect all the time. I really really do.

I wish everything i said had 100 accuracy, but sometimes i'm going to make missteps uh, i'm a human, i'm sorry, i messed up um, some of it. A lot of you might be saying: matt don't be so hard on yourself like. Please, don't ever mess up like that again, but you were partially right. You might be sitting there discussing with your significant other of like hey.

Okay, like i know, i know we're considering. If we want to continue watching mad or not, i mean sometimes he's right, sometimes he's wrong, and this one he was wrong. He thought he was going to be reading the articles on monday. He read them on friday.

The sentiment of what he said was right, but i just don't know if i can spend a time with a guy who's off on things by 72 hours. It's just it's frustrating and i get it my my apologies, i'm working on being better. It's apparently i need to unplug and replug my crystal ball back in because it was off by a couple days. So maybe that's what i need to do so, but even that even right there, you see that how i'm deflecting blade like classic male attitude.

You never accept blame for yourself right there. I try to be like oh blaming it on the old crystal ball right there trying to blame it on that one. Why can't? I just explain, accept the blame myself! I'm do i'm gon na be better! My apologies. My apologies, i shouldn't be blaming it on some other inanimate object, even if it was the crystal ball's fault, which i want, that on record for the sonographer who's.

Currently, writing this down uh! Please do not retract that! I want that on the record that i am i'm still kind of blaming it um, but we'll see how it all plays out. Um matt, i'm fairly new to the market. I'm trying to understand why hedge funds keep borrowing and shorting amc. It's almost like.

They know something that we don't order. Are they going down swinging? Well, they just feel very confident i mean amc is fundamentally overvalued. So if you're bake basing your trades on a fundamental breakdown, that's where it's coming from so as confident as many apes are in amc. Going up they're, confident in amc, going down and obviously time will tell take our confidence level and then just flip it to the other direction.

That's how confident they are. What else do we have amy? Never overvalued, i mean there's a difference between valued and then fundamental value. Is it fundamentally overvalued? Yes, is it overvalued? Well, that's a different story, because that's then the discussion of where does value come from. I'm of the opinion that strong community support adds an immense amount of value to a company that is much more extrinsic and it's outside the world of fundamentals.

Same can be said about gme. Gme is fundamentally overvalued, but is it overvalued in general? My argument would be the same of yes, you get some value from fundamentals, but then similar to amc gme has a massive community support, and that is something that's very, very difficult to quantify. Uh and i'm happy, i'm not the person who has to come up with that fancy model that does that type of quantifying, but it it. It clearly adds value.

I mean amc's up a thousand percent on the year. Gme is up 650 on the year. Strong community support, obviously at some point adds value to the overall market cap matt. When are you getting into one piece? Don't let the length intimidate you once you catch up you'll wish there was more getting into one piece.

What are you trying to get into wait? Tim trey, i need a little bit more information. When am i trying to get into one piece tim, i need more of a breakdown. What are we talking about uh uh? What else do we have all right? I think i'm up to date. There is there any burning questions coming across on twitter, shout out to modestheater ciao88, oh for all the people who maybe miss my opening.

It's an anime, okay, it's called one piece. Let me write that down. I can maybe i'll check it out this weekend. One piece: can you please explain how to read level two uh when there's an order for two thousand and twenty five, fifty does that mean two thousand shares or two thousand different orders, two thousand shares, but if you're looking at the level two on weeble just so You know what you're looking at that's exclusively the level 2 from the new york stock exchange, which is just one lid exchange.

It's not the level 2 across all linux changes just so you know. Don't let the length intimidate you. So is it a very long show? I guess like how many hours of my life will it take to watch this three episodes a day and you'll catch up in a year? Oh, so it's like super long, crazy, crazy long, almost a thousand episodes. How could it be this big and i've never heard of it? Just skip the intros.

All right, uh amc successfully got above 25. Let's see if he can hold above 25 would love to see jimmy get above 150., the market being a little bit weird. So the rus look at this um so for anyone who thinks that this argument of negative beta is a solid argument and you want the market to crash. How look at the russell look look at these things, just just look at them.

Would you look at that? Compare amc: how do i uh well does the percentage. I just want the overall movement to be hang on. How do i do this? Maybe i need to do it the other way, whoa amc looks exactly like amc, who would have ever thought all right? Well, the percentage i i need to scale it differently, but overall, look at these pictures a little bit down. It goes up, comes down pops again.

Clearly, amc is just really moving with the russell talking about one p. What is one piece like a lot of people are excited about this one piece: uh is a japanese series written and illustrated by oda. It's been serialized uh weekly 1997. there's 101 volumes wow.

This has been around. I guess night. This one's saying 19 original run was 1997, but the television series was 1999 until now it's been up for over two decades, huh cool, very cool. I i appreciate you sharing that i feel like i got uh distracted from something yes, amc's, looking good uh amc, not in lockstep but pretty close to being in lockstep with the russell uh very, very similar.

I don't think secretly. Hoping for a market crash is the thing that's going to prompt a moas. That's my opinion. Maybe you agree.

Maybe you disagree. I just don't like really see it myself, but with this one piece thing, thank you for sharing it i'll look into it. I didn't know it was a thing, but that's awesome, but circling back to what we were discussing, i made an early stream announcement uh. So just in case you missed that you are going to want to have a twitch account for the afternoon stream.

The afternoon stream it'll relate to stocks a little bit, but we're going to be doing some other fun more interactive things. So, like we're going to do one of those things, we're really kind of checking the market, but most of power hour. We're just going to be messing around so make sure you have a twitch account if you actively want to participate in that the twitch is, if you look up matt underscore course so find that and have that all set up for power hour. One piece is just a distraction from amc check out: one punch man, you can finish the whole thing in a few hours and it's absolutely hilarious.

Now, that's one. I've definitely heard about one punch man. What's the breakout level on amc today, 25 is an important one and i would say the next one is 27, so i would say: we've already had a breakout amc man look at this step up, it's just per like the algorithms are on. This is not a normal retail thing: there are bigger players who are just buying whether it's shorts covering or whether it's just institutions actually trying to create a long position.

This is a perfect systematic buying. Generally, we see these perfect systematic sell-offs, so this is kind of a nice change of pace. So i'd prefer this one for sure i i'd rather them do the systematic purchasing rather than the systematic selling all right. Let's see if we can get up to 26 27.

So here's all right, let me get rid of these - compares. We obviously don't need to compare amc to itself all right. Eight, let's bring up amc, let's look at its four hour, so this is kind of why we're watching 26.. You have a little bit of support.

Support a little bit of resistance, but then, if you zoom out to kind of like the bigger chart, you're gon na see across the line here closer to 27 support support, support wouldn't be surprised if it acts as resistance is why i'm saying i think above 27. That's kind of the opening to just below sub 30., so i'm looking for a recapture of 27 and then hopefully, a quick push back up to like the high high 20s, like the high 29 specifically, but this is crazy. This is beyond a normal standard. Deviation, move like look at this where we're just riding the line of a two standard deviation, move away from the average price here.

Can you short interest? Can you look up the short interest, um yeah? This is something, though, that, like you, don't need to check it. Multiple times throughout the day, just knowing generically, where it's at, because it's if this were at 18 or this we're at 22, nothing really different would be happening in real time. You want to see the trend over multiple days, so roughly we're in the range of a new all-time high of 20.5 and jamie 17, but short interest.