Stocks & Crypto Fall (Fear Returns)
AMC, GME, LCID, NVDA, TSLA, BTC, ETH, SOL & SHIB
Dumb Money w/ Matt Ep. 187
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Give and i eat crayons every day with my friends, i think about kenny in his ivory tower shaking in his lily bones. As the eggs of a power start breaking is money and the lovers we don't need another fan, because we huddled through hard times, wow hello, hello, hello, apes. We are back at it. We are back at it again folks what, in what a power hour, we are currently setting up for look at the turn and everything the spin and everything that curvature was that moving where show them the curve, that's what it feels like right now, things are curving Up for power: hey, hey, hey, whoa, hey matt! Last serious message.

I sent you. Yes, i am a troll but dude out of respect for you guys. You know what to do with this cash. Don't trip man one day you might not get back up amc to the mf ape gaming.

I appreciate that. That's a very, very kind. Super chat, very kind super chap in fact angry ape gaming. I think you have currently the record super chat of the day them curves amy yeah, that's the movie, the baseball player, and then they use it also for that tv, commercial show on the curve.

That's exactly what we're seeing there are. Besides the fact that these stonks are looking great now, there's two particular things i really want to hop into, and one of them is just wild and hilarious and the other ones with kind of interesting commentary on the overall market uh - and i guess since this is Obviously your favorite finance live stream. Podcast show thingy on the planet in the universe. Let's start with the the finance stock equities thing stocks will rip, will roar higher into year end and january as an overshoot in selling leads to a short squeeze.

Jpmorgan's quant guru says: if it comes from a quant guru, it's gon na be right, rip a rip, roar higher and we're talking about a short squeeze, and then this is relation. Are they specifically talking about amc, jamie, not rent, necessarily they're, talking about the overall market? A top wall street analyst offered an upbeat stock market outlook for the rest of 2021 in early 2022. After a bout of steep selling, jp morgan, quant guru, marco, based his predictions on indications that short sellers will get squeezed soon and he's talking about it all the whole shebang. The macroeconomic outlook remains strong.

Despite the unicorn variant surge as a corona, the rona - i probably shouldn't, say you too, i'm sorry. I didn't mean to say that word i meant ronit, i didn't mean to say corona, please youtube all right. I wish i could rewind. I wish i could rewind on that one youtube's gon na get pissed mama susan at youtube, don't like when you say those words in a note published on friday, laying out his stock market outlook.

The quankuru said: u.s stocks are up 28 off of their highs, but the overall market, as measured by the russell 3 000, is still up about 22. So just so, you know the russell 3000. The top 500 is the s p. 500.

The bottom 2 000 is the russell 2000 and in between that top 500 and the bottom 2000, you also have the s p. 400 mid cap. Just so everyone knows such a divergence is unknown to us and indicates a historically unprecedented overshoot in selling smaller, more volatile. Typically value and cyclical stocks in the last four weeks, but the conditions needed for a successful short selling effort don't exist, meaning this market episode may end up in a short squeeze and cyclical rally into the year end and january, so things could be getting spicy they're, Saying that the shorts is just what you need right now, uh is dangerous.
It's dangerous to be a bearer on the overall market. According to marco, here, there is aggressive shorting like in a hope of declines in retail equity positions, so major retail think that russell 2000, which we know mc, is the biggest one in in cryptocurrency holdings. I just had an entire crypto show explaining why i'm not going anywhere well. Both of these markets and retail investors have shown resilience in the past few weeks that they definitely have, for example, crypto no matter what they do, they're trying to bleed it beat it below 47 000, not happening uh.

We i was talking about solana, but let's show ethereum rough roughly the same thing a little bit different, but lower highs, but strongly holding around 3 800.. We have an avalanche, very strong, matic, very strong solana, strong, not as strong as those two that i just listed, but i i just don't think that these high-growth high-risk retail plays are really going anywhere. I don't at all amc back above 30, let's test out the high 30s and remember 3125 is particularly interesting to me so anyway on this. If you believe this quant guru, i don't know what you have to do to be technically labeled as a quant guru, but he's saying that there's too many shorts and they just don't know what they're doing right now and the market conditions are not favorable to them.

And they're he's calling in an impending squeeze on the overall market, which could send everything to a new high, which would just be absolutely crazy. Now now now now listen up, listen up! You have to see this video. This is by smp films. I want to share this all with you, uh.

It was sent to me a little bit ago. No, that is not me today. That is me from i guess. Whenever i had those glasses on this, video is absolutely hilarious, and i just i just need to share it with you hang on.

Let me actually exit that and just play it from here. I was at the sangria store last night. You know me hard day's worth of work it's thursday, but i was thinking it was friday. 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 saying: priya's store works person happy happy friday.

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 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, oh 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, but 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 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, so we're walking through the parking lot. This is so goddamn funny 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 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 she's like what are you talking about and then both of us were like, if only you knew, 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, but we had a great conversation about crypto, so that was fun all right, that's enough and cut this is so funny. Oh, you have to see it. Obviously they are a supporter of the moon gang community, shout out to s p films that was awesome.

The animator corey there, the music was awesome. Everything was awesome. If, i'm being honest, i don't really remember saying much of those but um. This video had me dying and i think it was funnier the second time around, so i just wanted to share that.

But if you want to see more of these steps, it's like animated things. This is the account to check in that's the walking part every single time i think about it. It's just so so wild so creative didn't, remember us telling the story at all, but shout out that was hilarious. That was pure pure comedy, so i felt it was prudent for you and your investing slash trading, slash market knowledge to know about that, video, the mob, the completely real girlfriend mop.

I'm telling you she's super real she's, highly real. You know how do you, how do people like i want to try to walk like that before? I know this is the stock thing, but it's also like it's just that time of the year, where you're supposed to be like happy and having a good time. I just want to how do you? How can i walk like that? I don't really have. I guess the angle set up.
I need to work on that walk myself because it was just. It was just perfect. It was perfect. It was a 10 out of 10 across the board, all right so back to the stonk stuff matt.

Let's get serious, i have dropped a like and i have subscribed to you for serious market content. There's no there's no room at all for messing around all right. I hear you um 20 short interest on amc and 17 short interest on gme uh crypto, showing a little bit of a pop a little bit of uh pop pop pop pop right. There um spy swinging background cue swinging back around and also the russell swinging background.

Everything's curving everything is curving, so that's the curvature of a monday speaking of curvature. Um, don't let me go too far off on this tangent, but i watched a documentary on saturday. I was clicking through. I was sitting there and i was like what does someone like me want to watch right now and i'm clicking i'm clicking, i'm clicking and before you know it, i'm going through all these different options and i end up selecting a black hole documentary and, let's just Say it was an emotional roller coaster.

It was an emotional rollercoaster because they're introducing all these characters, who are, i would safely assume double to triple the iq, probably triple the iq of like me, like you, could just tell they're like they're too smart for their own good. They don't even know how smart they are and then they're just talking about all these black holes and then they're talking about black holes defy every aspect of physics. We know potentially and then they're, trying to explain why i'm like well, why like, why like? Why? It's just like a black hole, isn't it and then they're like yeah, but you have to understand after the event horizon, which is like kind of like the edge of a black hole to my understanding. Everything gets sucked in and there might be a complete loss of information, and that is breaking a rule of, i guess physics like entropy you're not allowed to like create or destroy energy.

It's just manipulated in one form or another, and the fact that there is not like no information post going into the like event horizon their question is like well. Is it destroying information i.e? Is it breaking our rules of physics and everyone's freaking out about this? It's the hot topic of the world in physics like circa 2018 2019, like there's, physicists out on the street like just like, beating each other over like the head with a freaking chair that says, like e equals m c squared um. In reality, most of these, like fights, were like just academic and just disagreeing with the other people's paper, but in reality what they wanted to do was like a a crazy fight. They wanted a royal rumble.

You could see it in their eyes, like someone would pan over and they're like, and he disagreed with my paper and then it would cut to another person. He'd be like, and i did disagree with his paper and like then it was like they're they're fighting in calculus when in reality they just you could tell they want to suplex the other person over like a teaching table. So tensions were high to say the least, and then you have these people who are like using all these telescopes across the world to get a picture of the closest black hole which is insane because similar to quicksand when you're growing up you're led to believe. And this is a common meme that quicksand is going to be a bigger problem in your life than it is, and i don't know about you, but i've never had any issues with quicksand in my life and black holes are the exact same growing up black hole.
Black hole, black hole, watch out, eat your vegetables brush your teeth, because, if not you're gon na get killed in a black hole, what they don't tell you is the closest black hole is 25 000 light years away. 25, 000, as in the distance light, could travel in 25 000 years. That's our closest black hole, so there's probably a better chance of me getting a girlfriend than going into this black hole, and we all know the odds of that anyway. I digress so they're fighting and then all of a sudden one of these brainiacs who's working with stephen hawking and another brainiac did like the show was just full of brainiacs and they're like, but there's soft hairs on the like her vent or event horizon, and we Could just see the direction of something, so maybe the information isn't lost and maybe the rules of physics are all like above board and like we don't have to worry about it and then the conclusion was basically that they're all like smarter than all ever be.

In my entire life and they figured something out - and apparently they took like all these pictures simultaneously of that closest black hole and it was, it was just all wild um. So if you want to learn more about black holes, you could watch that documentary. I would like to point out that you should be looking at the underlying aspects of tension because, like i think the academic community, it's all with their big brain, that's the issue is all of their bouts. None of them are physical and i think they should just include other aspects like if you're in college and you're, like you want to defend your thesis cool.

That was a great paper, but if you really want this degree, you have to be like your professor in an arm wrestling. Competition like there needs to be a little bit of give and take there, and i think maybe those are tough words for the academic community, but i think there's some people right now, working on their masters or their phd and they're like yeah that'd, make me feel Better, i don't know, maybe i'm wrong - maybe i misread uh the point of the movie the point of the short documentary, the short film, but that was my takeaway on it is that there needs to be more physical battles, similar to like in game of thrones, of, Like how you could defend yourself with a champion to prove, if you were innocent or guilty, i think in the academic community, you should be able to prove if you're, right or wrong through a physical challenge against another. Like big brain academic person. I don't know i don't know if that's good for the community bad for the community, it's just a thought that i had while watching that who wants to tell them about eels, wait what's wrong with evils.
Electric eels! I was kind of scared of those too, and by kind of scared i mean i'm still like actively scared right now about all eels. Are you trying to tell me that eels aren't just like all over the ocean at all times, because that once again another thing that just made us all? Oh, very okay, this is actually kind of a fair question. I'm curious how many of you, by a show of hands, raise your hand how many of you actively hate crickets right now because of a bug's life before watching a bug, scythe no problems with crickets. After watching a bug's life, i went on to this day a murderous rampage of crickets.

If i see a cricket, i will defend my aunt brethren and i will murder that cricket. I won't even think twice about it because i know crickets are asshole and they're, like basically the sheriff of nottingham and always stealing from the ants, because they're working super hard and like the crickets are just jerks about it, because they're bigger and they can fly, and They can steal, like ant princesses princess eye if it's multiple just to be grammatically correct, and we all just know, i'm happy that that documentary in ant's life came out because it was. You learn a lot from documentaries. I learned about black holes.

I i learned about how nicholas cage in a previous life once upon a time stole the declaration of independence. All these documentaries are great and they're really telling about humanity. Grasshopper, grasshopper, qriket doesn't matter. I don't like them all.

I put them all together. Wtf is this transition uh? I don't really believe in transitions, but overall it's a grasshopper, qriket they're all done they're. If they're. In my way, i will blow a path through that way.

I will blow like blaze a new path through any amount of crickets or grasshoppers. Unless there is one i have one rule um, if you've seen the mummy movies, you know that was like one of the big i don't know. Wasn't there like a big locus attack or something and those are all roughly in the same family. If i see a giant swarm of these things coming at me over like the desert and i'm like running after old, like ancient egyptian secrets or gold or treasure, or if i'm trying to take down like an undead pharaoh who's coming back like to ruin the entire World and then that guy caused an entire like an entire cloud of locusts that, like blot out the sun, no i'm not gon na fight that one that one that's for them.
They're gon na win that particular battle, but all the other ones like if it's in. If it's less than like, okay, my cutoff's, probably around like 30 - if i'm being honest, grasshoppers, crickets locusts, you could run up to 29. I'd feel comfortable 30, i'm questioning and above 31 it's just the odds, aren't favorable anymore. At least i don't know i i know my own physical limitations and i feel like the cutoffs at 30 that like, if i saw a group, a pack or herd um, whatever a group of grasshoppers, would be called, probably a herd.

I feel like herds. If i s, if i see a good herd, a flink, a murder of crickets, a pod of crickets, i don't know what a group of crickets is called. But if i saw a lot of them together and they're all giving me that, like weird little grasshopper cricket like look and like all of a sudden, you start hearing them, i'm done i'm out. Yeah swarm swarm, doesn't sound right, a gaggle, a gaggle, a gaggle of grasshoppers a school of grasshoppers, a gaggling school of grasshopper.

A lot of you are saying swarm. It just doesn't feel it doesn't feel right, though, we'll have to ah we'll have to ask one of those people from the the black hole documentary. Those are same like those are the people who know in a certain sense. I could blame this all on you.

If you rewind like five or ten minutes, i told you not to let me go on a tangent on this, but yet here we are. I don't want any of you to blame me. I i preface this by all of you saying all of it. This is don't if you want to know who to blame, go look in a mirror, find your closest mirror and that's who that's exactly who uh? What's your opinion on jp morgan talking about a squeeze end of december early gen, owen cox, i have a surprise, particularly for you.

We've been over that um. If you just want to go to the start of the stream i broke down that article. I found it very interesting, quant guru from jpmorgan, so big brain guy, maybe potentially in the block black hole documentary. I don't know he sounds like a smart cookie, basically saying that too many people are piling into this bet.

But yes, there he fairly pointed out like okay yeah. There are some pretty serious like unicorn uh. What do you think a group of unicorns is called someone look that up but anyway, yes, you have to worry about the new unicorn variant for sure, but right now, money is so easy to get your hands on in in terms money is currently very, very cheap And when money's cheap, you see a lot of money flowing into the market. Hence why not? That long ago we were almost making a new all-time high, like post the fed meeting the day after the fed meeting um.

So, with money being this cheap, he was just kind of pointing out that it's kind of risky risky risky risky, a unisaurus, a unisaurus, a herd of unicorns a flurry grasshopper equals population cricket equals orchestra. How do you get to name these things like? Is there a secret meaning, i feel like that, has to happen like? Where do they come up with it? A blessing is a group of unicorns. I feel like the people who are currently battling flu-like symptoms with the omicron variant would not refer to it as a blessing. So i think that's actually like really hard on the nose.
Do you think it's actually socially inappropriate? Sometimes i don't know the line of comedy of being like funny, because, like that, that's comedy i didn't make up that a group of unicorns is called a blessing. I didn't start referring to the omicron as unicorn, because youtube doesn't like when you say those words. So i guess that was on me, but i didn't know it was a blessing and now that's opening up for the door of like. If you see a bunch of people with covet, you can be like that's a blessing and that's funny like it's.

I guess it's morbidly funny, it's more funny. Obviously, if they get over it like very very quickly, i don't know these are the things that, like run through my mind, uh, will you drs your amc shares? I will not um. There are various pros and cons to drsing. I don't think it's all good.

I don't think it's all bad, but the breaking part for me is it. It makes you immobile. It makes you slow um. It's not like one of these things that you hit the cell order and it's filled like a couple days later, but it can come to the tune of multiple minutes and in a squeeze scenario.

If you look at halting a even a two to three minute difference like when you get, this, insanity could be the difference of a considerable percentage. So i put a big premium on my ability to get in and get out quickly and drsing. Inherently slows you down. Now it doesn't it's not like quicksand, it's not like a black hole, it doesn't make it so it's impossible.

It just makes you slower, you're, going from being usain bolt to, i don't know like, let's just say the speed of a guy who fell into a new career of streaming and used to care about his like physical health and now, like really doesn't do that anymore And maybe gets pizza a little bit too much throughout the week and he keeps telling himself matt like stop ordering pizza and wings, and maybe you shouldn't drink eight nights out of the week. Um like that kind of a guy where, like they can still move. They have some physical ability, but before that you're quicker, so it's not to the extreme of quicksand, it's not to the extreme of a black hole, but it does make you slower. Now, that's probably the serious con in my mind, the serious pros are, it seems and we're kind of using gamestop.

As a like, i guess, a little case study here, the more and more people who have drs. We do see a correlation with that. An inverse correlation of a cut down in ftds. So to me, that's one of the worst issues going on right now across the entire equities market is the extreme amount of ftds, and i don't think that should happening and it is happening and if we're able to have a system where you could cut it down, Like i think, that's a beneficial system um, fortunately the most recent ftd reading on amc and gme were both low.
I don't know if that's because whatever the initial equities market shenanigans were they've stopped, i don't know if it's, because so many people are drsing, maybe the truth is somewhere in the middle, a little bit of drs and a little bit less of straight up naked shorting. I don't know it's all, just like a generic guess um, but i guess to answer your question more directly. I will not be drsing just because i live through gamestop in january. I lived through amc in june and i like to be on my toes.

I think when it comes down to that they're, especially with halts, if you're trying to get out, i mean how many people most recently, what was it the dewac cult of when they try to get a fill and they got to fill at like a high high Price and then right away the market like dropped on them, because it's like right after the halt, so it's a complicated subject. I think it's reasonable for someone to consider when you feel a little bit more comfortable with market structure and how drsing does or doesn't work, but for someone just coming out of the gate. Well, yeah i'll look into it like you just got to do your own dd in regards to the eel thing up until like five or ten years ago, scientists didn't know how eels reproduce, because they don't have productive reproductive organs, but, as we all know, they grow Reproductive organs when needed, whoa whoa is this: is this true information about eels? That's that's bonkers. Damn dressing sounds thick.

People with unicorn spirit exists, macquarie's a blessing from the lord yeah. I know that's going to be construed in improperly it's a bit of like mormon comedy. I suppose i suppose, but on a real note, hey as the dare program taught me in school, don't do drugs and, as we've recently learned wash your hands, it's important. Do your part don't spread any virus, it doesn't have to be a rona related virus.

Wash your hands people, what like, let's, let's stop spreading these germs around! Let's stop stop spreading this bacteria in general. I don't get sick. I am a male over the age of 25. If i catch a cold, hell is freezing over and i will stop time if need be.

Why is that? I mean there's something about being a guy over 25 and if you catch even a little cold like it's, it's bad well, maybe not relative to other people, but we all act like it's bad and i don't want to be sick. It's just all of your jokes. Are so dry lean? I think what you mean to say is i'm just not funny weak immune system yeah. Did you not just hear about how i currently live my life? Of course i have a weak immune system.
What you described about black holes is called non-scalar, hair theorem, there's a distance away from the black hole where light can propagate there's also hawking radiation. So if we really want to get into it bud123, they even talked about how black holes are a misnomer because, obviously found by stephen hawking. There is a there's hawking radiation coming out of these things. I have a question related to all this stuff for you, if presented with the opportunity, if nasa comes to your door, knock knock knock.

If elon musk comes to your door, knock knock knock and they say to you hello, through various forms of data collection. We think you would be a good candidate to be one of the first people on the spaceship to mars. Right now never been done before you will be part of the crew that goes to the mars. Would you do it yes or no, nothing guaranteed? Who knows? I mean when they went up to the moon.

There was a statistically high chance that they were not returning and i just want to know. Would you do it? Would you say yeah, i'm just we'll see how it goes. Maybe i'll come back. Maybe i won't come back.

Yes, there's a lot of yeses, no okay! So now so now some of the no's are coming in. Ah, it's going 50 50 on this one. Now more no's are starting to dominate. I don't think i don't think i would do it.

I just don't know like you're gon na be in a spaceship. I think the travel time. What i'm hearing don't hold me to this? This is not a space. Travel live stream.

This is not a space travel channel. I myself have never traveled through space physically, but apparently it takes six months. It takes three days to get to the moon, as you can tell after this black hole documentary, i really got a little bit more into searching you're in like a little you're in like a metal box that just has a bunch of explosive gas somewhere around it. That keeps you going in the right direction.

Every so often it takes you're in that for three days, one direction from earth to the moon and now you're you're signing up for a six months just to get to mars six months, and then it got me thinking. This was a serious thought i had. Pluto is so far away. I don't think the people who live on pluto even know that they're not a planet anymore.

I was doing out some math and i was trying to figure it out. Okay, like i, was like the speed of light this and that and then i was looking up when we took away it's like planetary status, there's a very, very solid chance that pluto the people who live on pluto don't even know that they're not living on a Planet anymore, like the news has yet to be delivered to people on pluto that they're living just on a rock floating through space, and it's actually not even a planet which is wild, those poor people, they don't they don't even know man, they don't even know yet Talk about snail mail and that's a bad piece of news. I also found out that if the the sun goes out like, if someone turns this, the sun off, like you, know, clap on clap off. If someone decides to do like the clap off with our son, it takes us eight minutes to figure it out.
Eight minutes to figure it out that this someone clapped off the sun. There's i don't know it's unsettling to think about unsettling. To think about, beat me up scotty what you described all right. We already did that eight minutes live yeah.

Pretty much plutonians unite, yeah those poor plutonians. I think it's like three light years to get to mars. Radio waves. Take 30 minutes wait three, oh three years to get to mars.

I was reading six months, but i don't know i've never done it. They don't like you traveling right now in the the current environment. Self-Clapping people are worried. They're, like is he trying to clap off clap off the sun, all right back to stonks that i feel like we all science, lessons with matt wait.

This is not a science class. I heard a lot of schools are like they're sending hit kids home early and maybe i just figured i was like they're, probably missing their science classes and uh i figured i could step in as a science teacher. I could step in as a science teacher. Why not pluto did here and they were pissed? What's your amc exit plan thanks for all the answers, my amc exit plan is, when i see hey, the shorts have covered i'll, be like probably probably time for me to get out, because when the shorts cover in the event of a squeeze, it doesn't stay there.

Like it goes up, but it comes back down, so i don't want to ride it up and also ride it back down. So i'll be looking for the shorts to cover when the shorts cover i'll be like. Oh, okay, cool. Now that's a little bit easier said than done like, for example, going to mars way easier said than done because of the two-day settlement.

So when you look at let's say or text here and you're looking at the return shares, the earliest you can return shares is two days later so in a very theoretical scenario, if all 102 million shares covered right now on amc, the earliest those would be returned. Is in two days as in wednesday would be the earliest. They don't have to return it on wednesday, but it's also silly that you winning because you're still paying that the like loan fee. So it wouldn't make sense, but anyway, so in the event of a squeeze, we're gon na have this weird window, where, like we're, basically going to be doing a lot of back testing and looking at the events so, for example, on june 2nd with amc, we gain 95, 96 - and we know wait - am i frozen again is youtube doing this to me again just to like screw with me.

Why does this happen, and yet it's fine on twitch, it's fine on rumble! This is not my internet i'm! This is ridiculous. This is ridiculous. This is ridiculous in my back. It's all these plutonians out there.
They, i, like the plutonians, just got my stream and they're like wait. What we're not a planet and now they're pissed off at me, they're like the plutonians, are 100 shooting the messenger. I'm not the one who decided you're, not a planet. I would have just like out of respect grandfathered you into him you're like oh okay, like we, don't really know the definitions of planets anymore, but like we already kind of messed up with you, but like out of respect for your entire, like planet.

Here we're gon na keep you as a planet um. I don't know this entire concept of shooting the messenger is so inappropriate, but where was i? We were talking about something pretty important shorts covering so right now in the market. It's a two day settlement cycle which is crazy before this. It was five days, huge fight to drop it to three days and then a bigger fight to drop it to two, and we are heading in the direction of hopefully going from a two day to a one day and then, hopefully, from a one day to an Evening that fight the one day like t1 to t evening, is going to be a big fight but matt but matt.

Why would that be a big fight? What's the difference? Okay, so right now - and this comes back down to the dtcc - the kabul of the whole thing so the way the nfl the nfl is the nfl. Because 32 different teams came together and like we're, making the nfl that's what happened with the dtcc, except it's like 2 000 plus members, and it's like market makers brokers, very fancy. People picture, like well-tailored italian, suits those kind of people. That's who runs the dtcc and all of them coming together and the dtcc with the subpart the nscc was like hey.

You need to give us money, but what's cool about it because we make our own rules, is you don't have to give us all the money and when i'm talking about all the money, i'm talking about the gross total of silver, for example? There are many people on one like: let's just pick up a random brokerage, let's call it brokerage ape the ape brokerage. What they'll do is you don't have to have the money in the clearing corp, for legitimately all the buying and the selling it's all executed upon? The net and then the collateral equation of like how much money you have to have with the dtcc, is based on these net differences, not on the gross. So when you have events such as gamestop going haywire, that's why they didn't have enough collateral is, and with this this is the little insidious thing going on. Is all these companies? Well, i shouldn't say all of them, but most of them have much more money and it's not being served as collateral at the clearing corp well, first of all, because they're not making them and for them it's another making money opportunity, because if they have extra money, They can loan it out to banks and do cds and bonds and blah blah blah their money is making them money.
So the fact that their money isn't sitting at co as collateral at a clearing corp, it is sitting somewhere else where they're getting paid more. So brokerages will do everything they possibly can to not allow the settlement time to get lower, because that means that they can't use their extra money in typical loaning processes throughout financial institutions across the world for them to improve their bottom line. Even more so so it's going to be a big big fight, the lower and lower. We do it t2 to t1.

Mathematically like they still have a whole day there, so i don't see much happening there, but as soon as we go from like the day to the evening and the loaning period is even less and then obviously the fight would be massive for instantaneous, because that means That they're not really loaning out any money anywhere, so the bit you're gon na hear a fight because it's affecting the business model of brokers of prime brokers, so that's a whole thing, but anyway, obviously in this particular stream, i'm really going off on tangents um. I don't know which one's more valuable to know, though the entire information about black holes and pluto, or how the dtc see the dtcc, the dtc not cubed, i guess just squared dtc squared um, it's a weird setup. It's a weird organization and it's also kind of like highly secretive. So, for example, when i was telling you that it was an equation to like of the risk model of like hey, like with 99 of the time, you're only gon na have to give us this amount of money to cover all of your situations, but obviously that One percent of time it got out of hand with gamestop in january and that's why they took away the buy button that was like robinhood's decision.

That model that, like ideally we're supposed to know about because, like hey as a retail person and your money, you should know the game you're playing in. If you drive to a new state, a new country, you should know the driving laws. The weird scenario here is is that those are secretive. It's like driving a car in a new country and you're just sitting there and you're like all right all right.

I think it's going and then you hear whoo and you, like you, look back you're like shit. Like what'd, they get me and they give you a ticket and they're like sorry we're taking your car and you're like, but why and they're like well, you broke a rule and you're like well. What rule did i break and they're like you broke this rule and you're like, but where's that rule posted and they're like it's, not posted, and then you sit there and you look awkward and then they look back at you and they look awkward and everyone's. Just looking awkward at each other, so basically our financial system is nothing more than like an awkward middle school like a like first dance.

When you go to your middle school dance, that level of awkwardness, that's! What's going on everyone's just looking back at each other, because we know what they said is just insane, they know what they just said is insane. We know that they know that we all know it's freaking insane and there's just nothing to be said about it. It's just like: well, that's crazy and that's how it's been going and going and going and going and now you just have a bunch of retail traders who are like. Oh no, no i'll talk about that.
Oh all, happily talk about how this is the same level of awkwardness as a middle school dance party, we've all been there, we've all been there every time we get pulled over uh. Where else are we at so yeah? That's my this all came from owen cox. That's that's my exit plan, i'll exit when the shorts cover, but that's much easier said than done because there's like a two day window, so it's a little bit of an art a little bit of a science and i think the most the best way we can Actually quantify it is by using similar numbers to what we've previously seen so, for example, on june 2nd when amc went 95 that was about 30 million shares covering and a day or two later, that was like another 20 million so that insane action roughly involved 50-ish Big-Ish, capital-ish million you can do the same type of math with gamestop to get an idea of like okay. This was some covering, but that's just one aspect of it.

Don't forget about fomo buying and don't forget about the buying represented by gamma squeeze in the options market. There's three, i would say, horsemen of buying that all need to be considered and they're all very dynamic. They change from second to second, but it gives you like a rough estimate of potentially where this thing could go. You don't have to just sit there and say: hey uh, good luck.

It doesn't have to be like that, and also one thing that would absolutely break my heart is for people out there to believe the outlandish numbers that are being said um and they want to hold and hold and hold for whatever crazy numbers. It seems like. There's a series of redditors, twitters and youtubers that they hear someone say a number and they're like well. If they said that number, i have to say a bigger number.

It's like that kind of a weird mindset. So i think you have people who are out there who have no clue what they're talking about throwing out numbers that you have to haul like hold to telling you it's a floor and at that point it's not going to get to those and even in the Event that it goes up they're like well, i was told it was going to go higher, so i have to hold in reality. They miss out on the whole thing, i'm at least intelligent enough to tell you that i'm dumb enough that i don't know the floor. No one knows the floor as soon as people are starting to talk about floor values of it has to go to this.

In my humble opinion, you should immediately discount everything. They've ever said everything they are saying and everything they will ever say in the future. Bar anything, you have to be smart enough in this situation to know you're dumb enough when this is just insane, there's not really a rule book for it, so for people to speak so confident like it's going here, it's going to do exactly this we're dealing with The forefront we are on the forefront of a new form of stock market engagement so to for people to speak so confidently. If it's going to happen this way this way, and this way, unless they're going like back to the future vibe and they're in the delorean, and they know exactly how things play out - i just don't buy it.
I just don't buy it for me, i'm riding it out riding it out. I mean i see a lot of people saying one millishare 500k share 1.2. I just don't get it 1 billion 1 billion is the floor. Trust me, like i, don't know.

I think they're funny it's just one billion is. Whenever i see people say those numbers all i could think about. Is the doctor evil like when he comes back from being like unfrozen and he's just arbitrarily demanding money, and he doesn't know about how severe inflation was from the time he was frozen until he woke up? So it was like. I want one million dollars and they laugh at him because it's such like an undershoot of what an evil doctor would do 1.5 trillion uh bbig, looking noise or text check happy to happy too happy to be bb ig one quad bazillion all right 21 on vinco Ventures how's the chart looking today, bbig had a good good morning.

Uh, actually very close to this gap, fell at 377 and ended up hitting 361. I mean even in this morning stream. This, like definitely came back on. A lot of people's radars might be worthwhile to pay attention to the first thing i'd be watching is, hopefully it can hold above three and i'd watch for that gap still at 377..

My thought is that i am one person in one city of the world on one planet and one in many solar system. One of many galaxies and probably many universes kind of awesome - lots to discover and learn darkened flame. I feel like that was a very like thoughtful commentary on the massive abyss that is our entire universe, potentially one of many universes. But my question is: do you think that there's other universes that have a marvel cinematic universe in their universe? Talking about potentially our universe? That's something that marvel really needs to get into and i think the odds of it are good.

I do like i'm. I know i tell you hang on, maybe maybe just pure faith isn't a good way to engage in the world. Maybe you should, i guess, anchor some of your thoughts and opinions in well-founded data points, science, theory and this one. I don't have it besides.

The fact that i think there's a lot and when there's a lot, i think, there's enough increased odds that there's, maybe one that has an entire different marvel cineva cinematic universe, that's crazy! Matt! It's called the multiverse. I get that! That's what i'm saying, though i want it. I feel like that's what i'm saying joe joe you're, just saying what i'm saying in a different way: that's not fair! What else do we have uh the six-month journey time only comes around every three years. It doesn't take three years to get tomorrow's.
The shortest trip. Time is only only occurs every three years. Oh yeah, i forgot planets, are still moving. That's a good point, that's a really good point.

They say the universe is expanding, but what is it expanding into? So i think the healthiest way and the most reasonable way to think about our universe is just like raisin bread. Our universe is no different than raising bread. So, for example, let's say at first you have raisin bread and the raisin everything. The whole thing is the universe right and every raisin in raisin.

Bread is like a galaxy, so it's expanding as you're making the bread, but it's also simultaneously. So it's going into a new volume, but also then they're all spreading apart from each other. The way our galaxies are so, i think it's not the craziest assertion that our universe is best described by raisin bread or maybe, if you don't like raisins, some other thing, walnut bread, something that has to have like chunks of something in your bread. That's probably that's.

Probably the best way to think about the expanse of our universe. So what would be the oven? All right? That's where the metaphor breaks apart, because in this case it's just raisin bread cooking by itself, not in an oven, it's called inflation. You are raising friend. I remember how much time do i have left? Okay i'll try to make this story quick.

So i was in ninth grade biology and in ninth grade biology, you look at a lot of things in a microscope, a lot of things and like you're, like on those little, i don't know you're using like pipettes and the little glass slides and everything, and my Teacher who's, the bio teacher and the physics teacher in ninth grade. He we did these labs all the time. It was supposed to be like a hands-on active thing, and i remember we were looking at like. I don't know that same guy.

What was his name like robert hook or something, and he was looking at like corks like he like sliced up some corks, and he looked at that and those were like some of the first cells ever seen. I don't know some guy named robert, i believe hook, did something important way back when um. All i know is he didn't have that many instagram followers, so i don't know if we really want to believe him, but anyway, i don't want to go off on that. Tangent, we were looking at all these cells and in my write-up, whatever the magnification was on my microscope, i was like yeah it's like 500 times bigger and my teacher got visibly pissed and he came over to me he's like matt.
You just wrote here that whatever we were looking at some random cell, i don't even know what it was. That's, not the point of the story he's like you just wrote that it was 500 times bigger and i'm like yeah. That's what a microscope does dude, i'm like i'm, not the teacher. You know as a freshman you're like got that one and he was pissed he's like it's not bigger.

I was like what do you mean it's not bigger. He's like you're 500 times closer, and i was like okay, like i really see your point and then like he. He like wanted me in front of everyone to admit that it's not bigger, which i know it's not bigger like i guess it was just like a snot like a synonym. I thought it was a synonymous statement to say that the cell appeared 500 times bigger he's like no in front of everyone.

You need to say that you're 500 times closer and like i could just tell it, was like it was an important thing to him like it was obviously like a hill. He was about to die on as like a biology teacher, and i was like all right. Man, i'm sorry like take off whatever the point. The points are that you think are appropriate for this situation, but, like i get it, it's not bigger, i'm just that much closer.

So to all of you, i want to share the knowledge well beyond the story. I want to share the knowledge that it it's not bigger, you're, just that much closer someone get this man pulitzer carter you deserve. One could be. I put my faith in how much i don't know and could know.

Also, did you read my documentary comment? I think i did the one person in one city one. I thought it was very enlightened and then that's when i went into the raisin bread story. Was it mr rogers? No, his name was bill. I called him that one time on facebook i found his facebook.

It was his birthday and i was like happy birthday bill, which oddly is hilarious to you, if you're a high schooler to call a teacher by their first name, but they don't respond that way, something between going from a high schooler. To being a teacher, you lose the comedy in calling a teacher by their first name, yeah. He he didn't. He wasn't happy at all, not not at all.

If there's any teachers in chat, please let me know when, like that break, is when you're, like all of a sudden. Like don't call me my first name, don't find my facebook and do that amc is 15k on a dark lake. Did i do that right? Yeah? That's some good info bill bill bill bill, nye the science guy bill boo. I looked him up once his wife divorced him.

Do you think it was just tough being in a relationship with bill? Nye like it was just always that, like they would be there cooking dinner and like he's just um he's like boo that'd, be had to be interesting that had to be an interesting marriage for sure bill bill bill bill unbearable. I think he was a mechanical engineer. We love bill nye in school. I would say he was the first science celebrity.
I know it might be a a bold take, but yeah, let's go with it. Bold take alert december 20th, 3, 57 pm matt coors comes in with the hot take of bill. Nye was the first science celebrity i'm going to stick to it. I'm going to stick to that comment, not changing my opinion whatsoever.

Mr. He has a netflix series. His most recent netflix series wasn't bad. I didn't even know he had a netflix series at all.

I guess, is it good, no matt, no, a lot of people a lot of carl sagan fans in here, a lot of people who are like you have to say it's carl sagan lots of carl sagan fans wow. I didn't know he had such a devout following in my audience, i'm starting to think actually by the outpouring of support for carl sagan right now, i'm starting to think that i just have a small file following within carl sagan's audience. Carl sagan youngsters is this one of those moments: uh who's that girl. That's like the top musician right now, olivia rodrigo in her song, where she's saying like basically that you're like an old ass boomer.

If you know who billy joel is - and she like introduced, billy joel to like her old flame, i'm starting to get to that age, where, like i get offended about things like that, does that just mean you're getting old? I guess if you've never heard the song, you probably don't know what i'm talking about, but that's how i feel get on the sagan wagon admit your love for carl sagan, ding, ding ding. The casino is closed, uh thumbs up or thumbs down. If i should do an entire entire voice alteration for the exit of today, it needs to be quick. The first one i see it's going to be yes or no thumbs up or thumbs down, mmm still looking whoever's the fastest is going to get up thumbs up.

Pete pete is the winner all right, we're going to hello, hello, hello, oh oh mammals, all right! Folks, that's it for for the day. That is very, very hang on hello, hello, hello, hello, hello, luke! I am your father all right folks. The market is closed. For today, monday december 20th, and what a day we had, it was full of highs and lows not only in the market but also emotionally and also potentially in your interest in my stream.

I think there were high points and low points. I think that's safe. To say, i don't think it was continually going up because we definitely had some little doldrums throughout the day um. Maybe you lost where i was in the conversation, because i know i lost where i was in the conversation various times.

But like look look to the side of me over there, this is not a financial advisor, it doesn't say i'm lewis and clark, it doesn't say i'm all of a sudden, always knowing where i'm going a hundred percent of the time. That's not in my disclaimer. I never ever said that there's going to be like massive cohesive thought, all of the time it just says not a financial advisor uh, i'm not lewis, i'm not clark. I am definitely not lewis and clark.
I know that for sure, so i think it was just in the disclaimer honestly that that one's on you that one's not on me, so i think, there's uh. You might have to talk to yourself about that, but it was a fun day. Folks. This is a holiday week, let's have some fun where's, the good vibes, um yeah, very much went off the rails and i actually can't even guarantee to any of you that we're not gon na go off the rails tomorrow or the next day or the next day, Or the next day, but we'll probably have some seriousness back in this, maybe not i don't know, let's just let's just get through the year, let's get through the gregorian calendar year before we make any promises to ourselves or to other ones.

Thank you. Thank you.

4 thoughts on “ep 187 stocks crypto fall fear returns dumb money w/ matt”
  1. Avataaar/Circle Created with python_avatars WARRENDALE 🦍SHEPπŸ’Ž says:

    Was a-Ron a ape in January or February or March??? πŸ’ŽπŸ¦πŸ’ŽπŸ¦WE NEED A APE BOARD ✌️β™₯οΈπŸ’™πŸ™πŸ‡ΊπŸ‡Έstronger together βœŒοΈπŸ’œπŸ’šπŸ™πŸ’«

  2. Avataaar/Circle Created with python_avatars Dark Horse says:

    Matt just watching this now. I decided to watch Trey today. You both having a live stream at the same time is like a child having to decide which parent to have Christmas with πŸ™

  3. Avataaar/Circle Created with python_avatars AuÐio Freq says:

    damn these thumbnails are creepy af..

  4. Avataaar/Circle Created with python_avatars Dofree says:

    Paid money for you to ignore my question. I was the last question and you looked right at it, but ignored it. Guess you got enough money you can do that, but I can't afford it.

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