The Calm Before The Storm (Stocks Stall Out)
Dumb Money w/ Matt Ep. 206
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You got nowhere to run i'd love to be a fly on the wall when it makes the price fall and you're watching as we keep on more. You forgot we're on the floor. Blind two hours old, like stop breaking the law. Give us it's time, give us the money, hello, hello, hello and welcome to the markets today, wednesday january 5th, and just so you know this is by no means going to be a normal wednesday.

Yes, fully expecting some excitement, some volatility in the market, but i'm also expecting uh quite a bit of excitement here in the moon gang. We have a big big big announcement coming for you down the pipeline. Um very excited waiting for this to come out and that's something that we will dive into before. That bell goes ding ding ding super super excited, so i want to build up that suspense build up.

That excitement, like i said we're going to be getting that out before that bell goes ding ding, ding uh, but before that let me like hop in and get everyone ready for the market today. Let's quickly see what we need to go over right here, all right. So to start things off the market pretty much flat and there's some things going on there, but you could see it in the spies and the queues relative to the close at 4 pm. Yesterday, things currently pretty flat and you're, seeing that the futures are down the dow, the s p, the nasdaq oils up a little bit yields down kind of definitely dragging some of the nasdaq with it.

Stocks are set to dip at open after dow's record closed. Not the biggest surprise i mean things were getting a little bit hot and obviously there's some new revived fears about the current number of cases being reported globally and also particularly in the u.s and i've been talking about this before. But the silver lining to that of the mortality rate and is extremely low, and it does seem to be the sickness issues that people are battling with. Rona are currently very, very mild relative to the previous one.

So a little bit of a silver lining there adp shows surging growth at u.s companies last month. So let's hop into this really quick. This just came out before the market opened, but it was an announcement earlier this morning. Private job growth totals 807 000 in december.

More than doubling expectations, that's awesome, so yes, job growth, looking good, but also there's still kind of a weird mass exodus from the job market. So the numbers coming in for november, another four million people quit their job, so uh some interesting things going on there. I think that there's some inflationary pressure, but then i also think that there's a psychology thing of people right now, given the past, basically two years of our life, looking for something new now, obviously those are things that are going to push the market, but don't forget About seasonality, so yes, the santa rally kind of midway through december till the end, but also kind of inclusive of the start of jan. We are coming up to a point where just seasonally - and you remember - it's not like seasonals - are 100 always accurate.
It just gives you a better idea of headwinds and of tailwinds, and that's exactly what's going on so right here we had some seasonal. I guess in a certain sense, tailwind's pushing us higher and higher, but we're getting into that period where it's a bit choppy and just so you know as soon as we hit mid-jan all the way till the end of jan that's seasonally bearish, just to keep everyone Apprised of that current situation, wall street strategists see a bumpier year ahead as the fed titans policy. So speaking of the fed. Just so you know they, the minutes are coming out today at 2 pm.

So we're looking to get just more of an update. The common thought right now is that tapering will end in march um they're going to run that down to zero rewind back to before november. They were buying 120 billion dollars worth of bonds, yadda yadda yadda a month and then they've been slowly tapering. We're expecting the taper to end in march fully expecting that the question is basically, is it going to be two or three rate hikes? That's what a lot of people are paying attention to right now and with it that's going to be kind of ruling, not only the media headlines, but also truly impacting the market.

Now i find this interesting just to know the s p. 500, not the spy. That's a little bit different, the spy tracks, the s p. 500.

So if you want to see the s p 500, you can look at spx or if you want to see the s p, futures you're, going to want to look at es. But anyway, so the spx, the true s, p 500, currently trading around 4 800. And here are some of the predictions, so i saw that barclays was flat on the year. This is their 2022 predictions bank of america is actually calling for the s p 500 to come down, but many of these other ones are actually above 5.

000.. Now are they looking for the exact same growth that we've previously seen not really but they're? Still looking for growth, morgan stanley coming in the low is actually calling for about a 10 drop. So these are all the big fancy wall street firms, but also don't forget that study that we've talked about previously of a monkey throwing a dart at random stocks can actually outperform most hedge funds cdc panel to hold booster meeting as agency updates, coven isolation guidance. So there's definitely been pushback on the cdc.

They actually were kind of lessening that time frame that they thought people had to be isolated and, on top of it, they posted their rationale and also they're going to be talking about the approval of the age group with 12 to 15 year olds. To be getting that the booster shot, the fda previously approved it earlier this week, and now the cdc will be having a panel and their own discussions and all that good jazz and then finally, chicago schools are closed for the day as union votes to go remote. We're actually seeing a lot of new, i guess - and at least in the schooling system, from collegiate all the way down to elementary a lot are choosing to go remote. But i want to focus a little bit more on.
I guess kind of the medium term picture and the fed - and yes, i think, that's going to have a huge, huge impact on the market this year and, of course they say it's just transitory, then they decommission that word. But i would argue that you can only push people so far because of inflation and supply chain issues. Little caesar's rises priced a famous five dollar pizza for the first time i don't know, maybe i'm being a little pessimistic, maybe i'm being a little nihilistic. I don't know what it is, but it's getting to the point that whatever's going on in the world.

I think people everyone gets to their their line, you're pushing people to a cliff - and i guess everyone's cliff - is at a different point and right here. I think a lot of people are going to react poorly to this, and it's at this time that we really need to figure out inflation. Um definitely definitely need to figure out inflation. No one wants to be paying more than five dollars on this.

I just want to bring this up again ford with the market being weird. Yesterday, ford was clearly an out performer ford, crushing it with their f-150 lightning. It's an electric pickup truck before this. The f-150 is by far the most popular particular car series and now that they're getting into the world of vv, it's really really crushing it.

Now. I will talk more about this in the crypto stream at 2pm, but i just want to bring this up. The board ape yacht club crosses 1 billion billion, with a b in total sales. Now a lot of people think this is just the start.

I personally think that nfts are going to continue to grow, but i think it's going to actually look a little different. I think there's going to be a big emphasis on utility, but there's some other people who are using. How can i put this unique metrics to see if potentially nfts are just a bubble? Let me share what i'm talking about. This is by far one of the craziest stories i'm going to cover this entire year and i'm saying that and it's only january 5th, but i'm calling it out for the remainder of the year.

I don't know if i'm going to have a story that tops this reality star, who made 38 000 week. Selling farts in a jar has been hospitalized. Yes really, so we don't have to go into all the specifics of this, but stephanie was pulling in fat stacks. Every single week by selling farts uh and they were pricey farts, apparently about one thousand dollars a jar and she ended up getting hospitalized because of extreme like intestinal pressure from her diet, which apparently at one point was like three pot protein streaks and black beans.

So she was really pumping them out and she was making a lot a lot of money on it and because of her hospitalization, she has decided to, i shouldn't, say, end her career, but i would say, pivot her career, and this is this is like she was Literally hospitalized folks, like that, that's a business woman, so right here, stephanie, has now retired from selling farts in a jar, a relief to her family, but she managed to find another unique way to of making money from it. Her clients will no longer be able to own the physical jar of stephanie's gas drum roll, please, but they will be able to purchase them as a digital artworks on blockchain. She is now selling these as nfts, you might say, stephanie much like a korea has been given a second wind at life, so i don't know if nft maxis, crypto maxis or anyone what they're paying attention to, but this might be a legitimate time to consider that There might be a bubble potentially potentially going on in the sector. I felt the need to call this out to all of you so wild, so wild uh, not such positive news.
This is not really related to the market, but if you live on the southern side of nova, apparently there's like people are getting stranded. They're running out of gas food water they're just stuck on the road lots of issues on i-95, so hopefully you're avoiding that. But speaking of the virginia washington area early in february, we are expecting the washington football team to have a new name. It will be announced on groundhog's day.

I wonder if they're going to be called groundhogs. I highly doubt it, but if not, that would be a little bit weird to pick that particular date. So if you are a washington, football fan you're getting a name soon about a month away a month away a month away just very quickly. So you know the estimated short interest on amc is 17.12 and the estimated short interest on gme is actually both of them are getting an uptick currently 14.71 in terms of the overall market.

Yesterday we hit a new all-time high. 479 98 almost broke into the 480s. This morning it is slightly down, but it's just that slightly down the cues did not perform as well we're kind of seeing a pivot out of high growth right now and that's something that you could kind of see kind of how it's behaving with the yields. Something worthwhile to pay attention to, and that's why i bring it up every morning when we get rocking and the small caps i'm still calling this out this gap.

Phil seems like such an obvious play to me, the low from november 24th. 228. 50.. That's exactly what i'm watching it's a one cent gap down, hardly a gap down this morning uh, but with this the success in the russell i do believe will connect to the success in amc because remember amc is the single largest equity within the russell 2000.

So, on an intraday basis, there is not a the strongest correlation, i'm not saying it's a direct correlation of one, but they kind of rhyme in reason, in the overall same direction. Yesterday we were talking about micron, i'm basically just going along with pelosi on this play. We know that she got leaps on the semiconductor and then i also re-entered tesla. Those are my current two live plays when the bell does go ding, ding ding.
I will like give you an update on how those two are doing, but, as you can see, a lot of things are just flat right now the spy is flat. The queues are flat. Let's quickly throw up amc, pretty much flat honestly like slightly down there. So nothing too too crazy, going on in pre-market uh, very quick check on crypto slowly coming down.

Ethereum looking strong, but bitcoin, slowly coming down would love to see this break above 47, 48. 000 solana, quiet avalanche kind of quiet, not too much craziness going on in crypto, but there are some interesting stories that i will be covering at the 2pm show all right. Let me quickly bring this back up and see if that news broke for all of us. Very excited to bring you this announcement here we go breaking news, youtube star third biggest in u.s super chat revenue and a leader in the gme and amc movements.

Just made rumble and locals his main platform. Mac coors will drop patreon for locals and move all super chat readouts to rumble that's the announcement and i am very, very excited. Let me switch this over, so i can better explain. What's going on to everyone all right there we are so first of all.

Does that mean that i will stop streaming on youtube and twitch? No, i will always be on at least all three of those when i do vods. When i do video uploads, there will be a one hour exclusive, like drop they're. All gon na go on rumble first, but in terms of live streaming all going to rumble. So how did this come about? Well, i'm so glad you asked.

I am very extremely happy and enthusiastic that this deal came together for many reasons, but and i could share those but the main reason. I guess you would actually have to stay kind of started back. All the way in 1789., so if we rewind the clock, however many years there was a group of these old dudes with macaroni on their head and they were sitting around the table and they're like we have these 12 ideas and they're like okay cool you fast Forward two years to 1791 and they're, like we kind of like some of those ideas, but we actually only like ten of them, so they took these ten and they put in this fancy. Little thing called the constitution and they are referred to as articles three through twelve, also better known as the bill of rights.

Well, let's focus on article 3, also known as amendment 1. for those of you who care amendment 1 or their first article never got passed. Article 2 ended up getting passed in 1992, but that's not the point of this anyway. Amendment 1 is article 3 and within that article, a fancy, little amendment that i always like to think about.

With the bill of rights. It says congress shall make no law abridging freedom of speech or of the press. Now remember it was the 1700s. They were just learning how to speak, so this abridging word might be a little bit confusing.
It basically means curtail to reduce to deprive a person of so basically, this is what we've referred to when we're talking about freedom of speech. Literally, it is un-american. It goes against the foundational rules of our country to not have this or to in any way trample on and stop out. The press now, like i said, they're old, guys, they're using funny words.

They have macaroni on their head. There was no way 200 plus years ago they ever ever ever envisioned what technology would become and there's obviously a lot of pros, there's, obviously a lot of cons, but it is very hard to deny the fact that we currently have a. I guess for a very accurate term, a big tep, big tech. What's it i mean really in ogallopoly whatever that is ogallopoly, they control it all.

They really do. There's a handful of countries or not of companies. That say what goes on in this world. I myself have been removed from youtube multiple times.

There are other ape creators who have been removed from youtube multiple times when you ask why they don't tell you anything, there's no, there's no insight to it. That's just my own experience. It's not hard to find other people with the same. No reasoning you get kicked off of youtube.

You get kicked off of facebook, instagram twitter, the list goes on and on and on, and they just have too much power. So in my own personal history of getting kicked off, that's what started the conversation with rumble and i got onto rumble i liked what was going on and then from there. I started to meet the team and i talked to him and i asked what is going on here and in all reality, my biggest concern was: what can i do to ensure that the voices of the moon gang of the apes are not completely silenced and everything? I heard from the company across the board was positive. Rumble is a place.

I know i'm not going to get kicked off. I have the context to the people i need to have at the company to ensure that we're not going to be silenced. Unfortunately, i'm not important enough to youtube to be at that level, so rumble they're like let's talk, we talked it was awesome. I like what i heard and then, as the conversation went on it got even better.

We will be in the first wave of major creators going to rumble, especially in the live streaming space. Do you know what that means? That means that you and i we get to help form the culture of finance of live streaming of financial commentary on this. A lot of these things, such on twitch and on rumble, it's already been formed, they've already been here for years, so with us, there's so much power. Finally, in our hands, our voices are going to be heard as in not silence but kind of a dual meaning.
There we're going to be heard literally by the highest people within the company. If we have ideas, we have the avenue to pitch it to them, and we think this is how social media should run. This is how our community should run. This is how live streaming.

Should run i'm so incredibly excited. This is one of those opportunities that it's honestly a once in a lifetime opportunity, so the moon gang i'm so excited. I i've known about this for a couple weeks now and the fact that this day is finally here and i'm able to share it with all of you, uh man. It truly makes my heart sing so with that, if you want to know what's going on, i just ask you to check out rumble like i said, we are going to continue multi-streaming, but just to give you a little bit of an insight with rumble uh, i Would highly request from you if you so feel, to send actually like the equivalent of a super chat? I ask you to send it on rumble, because for me what i care about freedom of speech that thing that they already figured out back in 1791.

I still think it's true today and i'm much more supportive of a company that truly cares about that. So when it comes to finances and companies that we should be supporting, i kindly ask you, if you're ever going to do anything related to a super chat or the equivalent uh, whether on youtube or twitch. I kindly kindly ask you to consider rumble, because i would rather help the the growth and the numbers and the bottom line revenue of a company that actually truly supports us, uh, very, very important to me. I hope it's important to you and obviously, if you have any questions, do not hesitate to reach out to me, but let's get back, we have all right there we go.

Let me bring this back over here and then, let's see, let's see there, we go oh and also now i see some people starting to uh, really ask about this so rumble. I was doing some of my research on it in the us they're they're, a new and up-and-coming contender to youtube. Their growth is very impressive. Roughly right now in the us they're about a little bit over 10 percent of the size of youtube, they went live in terms of the stock market through a spac deal back in december, currently trading at 11 44..

So i personally, as of now, do not own any cfei, i haven't traded it. I have yet to invest in it, but if you are looking for an opportunity to like invest in alternative tech, alternative social media cfvi, that's awesome, um we're seeing a big big pivot. I listened to quite a few podcasts. I read quite a few things and there's all these creators and well-known people who are starting to really get away from this world of such a concentration in well-known particular big tech brands, and i mean this one.

I'm happy to join the likes of i mean i've now been watching him on rumble more and more russell brands over here. He's posting his stuff like, and that's just the list that, like ever it seems like every week every month, there's more and more people kind of picking their own new home of the social media. That more aligns with their particular morals. But this is this: is actually their company, so spac deal uh, we'll be looking for it to officially switch over in the ticker in hopefully the near term, but once again c f v.
I all right all right all right! All right! Oh hang on this is loading up all right. Where are we at things? Are quiet right now? Let me just drop to the one minute and then i will get to any of your questions. Any of your questions, guerrilla champ champ will rumble. Let me go host we'll have to we'll have to ask the upper people at gorilla, champ champ, but i'm sure we could figure something out.

Uh finally, invest in 10 jars. Now we're going to squeeze that market man i'll sell your dryer 2 000 getting before it moves welcome to rumble chris. Thank you shout out uh. So on rumble.

If you're over there, you can actually see the ceo just dropped in with the first. Let's call them royal rumbles uh, so right there uh just so. You know from some of the conversations with chris and the remainder of the team uh in the near term. There's gon na be some very impressive tech updates coming out rolling out for both the web version and for the app version uh.

I'm just so excited the sky's. The limit like with all of this stuff, it's so cool to get in truly right. When you see like, i feel like one of the now the first adopters of twitch of tick tock of youtube - and i just found my home here at rumble - man like to get in like this man - much love much love. This is gon na, be so much fun, so much fun.

Moon man. Where can we find the article of breaking news uh? It is on twitter, and here let me get that out. Hang on. I will tweet it, so you can find it all right yeah.

I just put it on twitter, moon man. If you want to see that always checking what is over the hill, like rumble getter getters another one, that's been growing very, very quickly made uh account got a support. Hey. I appreciate that.

I'm man this support. What a day, what an announcement! This has been, one of those things that i've had to bottle up for quite a while rumble rants are available on mobile web and desktop. They will be available in app shortly. But the chat is available in our ios app looking forward to improving everything and right there i mean even those discussions to give people a little bit more of an insight, because we have about a couple minutes to burn.

Those are things like we've had those discussions like what's so cool about that is, we now have the capability to shape this like we don't have to step into arena and be like. Oh, this is the status quo. This is how it's going it's up to us. Now it's up to the moon gang we get to help decide how live streaming, looks on a completely new and rapidly growing platform.
I mean that opportunity and i've been focusing on it for a while. You don't get those opportunities that, like you, it's just that's not a common thing like how freaking cool is that that we have the direct line. Hey we think live streams should have this capability that capability. This would be cool.

That would be cool. We don't want that anymore, like we get to shape it. Ah man, it's just it's one of those things that when and it all started from my first termination and then it really got underway after my second termination and then with the new year. We're like this is the time to do it.

This is the time to execute uh awesome. Awesome, awesome, awesome, ready to rumble uh get her now, adding a quarter mil a day, wow congrats matt. If only the spanish teacher you back sass, could see you now man. If only she could she'd still probably argue that i'm not gon na get married, let's get ready to rumble.

Oh hang on i'll, give you the voice renzo renzo. Let's get ready to rumble. Oh brother man, we are crushing it. We are crushing it what a day, what a day all boogie.

I definitely agree with you. The political politicalization of things is just when it gets politicized. That's right! When the moment you see voices getting trampled on, and i literally literally think it's the exact opposite thing of being a moral person and particularly being an american where we hold freedom of speech to be on one of the highest of pedestals. Oh brother, oh brother, old brother, i mean with it i mean i guess i had a lot of these thoughts for quite a while, but then, if you're not seeing the connection to how this is all going with media people of art, like the media, we consume.

How many of them have we looked up that it is clearly already backed by citadel, like that's just one, to name many of like they're, all investors in it or you have all these just rich types that they pay for media and they're. Like hey speak nicely of me, that is disgusting. Media is not truth, it's who can pay the most and i just don't think that's a good direction whatsoever. It's it's.

There's new charts out on it of how joe rogan is by far the most viewed media personality, including all mainstream media. That's because he's not beholden to anyone, he's not just being paid off. There's a certain point. This this direction can only last so long and from the bottom of my heart.

I truly believe that rumble will grow because it's putting truth and freedom of speech top tier relative to everything else. It's not just being paid off by whatever someone's political agenda. Ding ding ding, the casino is open and let's get back to the show, all right. So i just want to give you a quick update.

Like i said, uh, the two current positions are tesla and micron. Currently, both are down micron january 21st. The strike is 100 and tesla is next friday. January 15th.
1. 200.. The tesla i got in at 28.85 and i just thought yesterday it got beat down too much and i saw the success particularly in ford, but i was like okay, the ev sector is still looking pretty strong and then micron. I got it at the end of the day and, speaking of congress and political figureheads, i was literally just copying pelosi.

We know most recently she bought some leaps on. What was it? Google, big tech owns youtube, micron, roblox salesforce and there might have been one in there, but that was the newest batch of pelosi. Option calls just so everyone knows that and three minutes in getting getting a little messed up right. There hang on.

Let's see what else is going on everything simultaneously: taking a dip, iwm tesla, taking a dip. Of course, just my luck. How's apple, holding on apple apple, apple, apple, micron, actually having a solid day, solid, solid day. All right, where are the buyers? Where are the whales ooh? I don't know if i've ever seen, one xed out: oh crap, okay, interesting uh, so no big whales! Yet this morning i didn't know if a whale was betting on it going down this with no whales kind of fading.

That almost makes me wonder if it's just kind of some jitters related to the fomc minutes coming out at 2 p.m, all right, all right, all right! What's moving just so, you know very quick update. Let me reload this on amc. 17.11 short interest - gamestop 14.71 uh to kick today off just so, you know roughly where we're at. Let's do a look at the bigger picture on some dailies, so amc just broke through support at 25.

Just so you know we do have some support at 24, but there's main support at 20.. This low 20 value was a recent support as of mid-december, but then it was also the resistance in the january spike, so kind of an important level, but hopefully the overall market starts to turn because as of now, this would be the fourth red day. So hopefully the bears are running out of seam. We could just bounce off of 24 in terms of gme.

Clearly, at this support of 145., we got the breakout support, support, support uh, it's actually kind of range bound. I would just argue that ever since december 15th, gamestop has clearly been range bound right here and let me just make it a little bit more clean range bound, just kind of waiting for that ranger break. Obviously, let's hope it breaks to the upside. What is actually green today, i'm seeing a lot of red a lot of red iwm trying to hold green uh iwm.

As i said earlier before, that bell went ding, ding ding. Definitely watching this gap, phillips to 220 850 have any whales come in. Yet let me just reload this: there we go. Okay, we have a microsoft, put a rivien call a tesla put okay, nothing too crazy.

A tesla called whoa, a tesla 1300 call just came in for 260 000.. Let me zoom in just so. You can see uh unusual whales a little bit better. All right when is the the old bounce gon na get initiated spy coming up to support it's bounced off of 476 for the past.
I don't know five days now. The spy has been loving, bouncing off of 476. uh fan of you since march. Sends thoughts are, are you going to have a locals account cool site? Yes, we will have a locals account, so there's going to be specifically more coming on that over the next week, but on locals.

That's definitely something we're going to be using as a moon gang uh community once again, more information coming out within the next week on locals, uh. Remember brando! Oh thanks for coming over to rumble by the way um when there's pre-market. It's not like a certain amount of volume necessarily relates to the size of a push like, for example, you could trade one share a day. Let's say a stock is trading at 50 and one share is exchanged.

I buy it, you sell it. Let's say it was at 50: i'm like hey i'll, buy that off you for a hundred. Well, then it's going to go up to 100. You would see like one tick right there and then it would be just trading at 100 for the remainder of the day.

So it's not like you have to have a certain amount of volume. Typically, when things get wild, you see more volume because there's excitement and people are trying to play it, but like it's not like there's some hard fast rule, uh the profit ford bounced off of 23.63 four pounds off of 23.63 forward forward down a little bit. But yesterday had an absolutely amazing day, i would watch this support at what you said. 2360 2350 support support right in here, exactly where it bounced this morning, it looks like the market is trying to bounce the spy attempting to bounce off of 476, like it's done so many times before.

The queue is looking the exact same amc getting its bounce gme, not so much, but amc actually, looking a beautiful bounce off of that 2440 area micron, you know, even though everything's red, let's add micron, because pelosi knows how to do it in the green and it's Not like very very into the green, but it's in the green enough that it uh kind of definitely looks like a bit of an outlier relative to the overall market, so we have micron. Actually, let me check out how those are the ones that i picked up yesterday. They are currently up. I picked up 10.

I picked up 10 at 1.60, which means it was a 1600 bet and those are currently up 300 bucks, but the tesla ones are not looking the best right now. They are down 1 300., not looking the best all right. So here's to hoping that micron continues would love to get that above 100 and i very much need tesla to just keep trucking along amd. The profit amd u-shape recovery uh.

So it looks like ford. Definitely getting hit right now. Watch that 2350 level, but also we're not even 15 minutes in this, is the we're still 10 minutes in. This is a lot of early morning volatility yesterday.
This amd play kind of interesting, so the stock went lower, but the rsi was higher. We saw that classic bullish divergence and that led to a very strong push for the remainder of the day. I closed around 144 and a half, and then it actually opened at 143. We got the dip and then the push that's kind of the going vibe right now.

Everything was looking a little bit questionable in those first five-ish minutes, but right now you can see that they're trying to build up momentum and it looks like there's abnormal strength today in the semiconductor world, so you have nvidia trying to bounce back stronger. You already have micron over here. You know about that amd. Look at that bounce back, so tech.

If i were to bring up the cues right now the cues are struggling, but it does seem as if semi-conductors are outperforming friendly reminder to completely obliterate. The like rumble button to make the algorithm our friend keep up the good work map. Let's get ready to rumble, i love this. We're going to be able to say, let's get ready to rumble all the time.

Now it's going to work, it's going to work. So perfectly shout out to the new rumble fam. I know there's like quite a few moon gangers, who probably came over from twitch or youtube, but to the brand new people who've never heard of the moon gang before who have never watched a stock live stream. Before welcome to the family, we are more than happy to have you here.

We basically talk on wall street, hey hope to make money, and recently we've been getting really really into cappuccinos. I know that this says grandpa uh. I am not a grandpa, so don't worry about that you're going to very quickly learn that there's a lot of things that don't make sense on this stream, but hey that's showbiz. I like to keep you on your toes.

I like to keep you on your toes. Someone is asking about icp icp if it loads icp. I don't think that this is right. I don't crypto.

I guess i would need a little bit more of an idea of like if i'm on the right icp, a couple of people asking about sends is sen's. Having a good day. What's going on, senz is kind of having a good day up 11 uh was there. Any news on sends sen sen sends uh on news that it expects the fda decision around approval of its continuous glucose monitoring system in the coming weeks.

Well, oh my god. I see you pee man, you know the last time i was tricked by that it was this girl named aaron and it was third grade, and i just want you to know i've, never forgiven her and i'll. Never forgive you going onto my list of enemies forever and ever and ever profit outlooks for upcoming corner expected fda approval. Within weeks it's been it's moving been in since march.

You know, what's funny is actually like dustin it he's. He really is referring to the crypto project like he didn't it wasn't icup. It was just icp like he is truly talking about this crypto um. I don't know what ice i haven't looked into this one hang on.
Let's do let's see what's going on with this one, let's go to the daily dustin was like. No now i made an enemy. Now i made an enemy. Someone needs to tell rumble.

We need a dark theme, i will hey, we can make that happen. Let me find my pen hey any suggestions. I can't articulate enough how willing they are to say, hey like we need this this and this um, so uh there is questions or a desire for a dark theme. Let me know, because these are the type of things that we can literally suggest to them and, depending on how their engineering cycle goes, could get it very very quickly uh.

But i appreciate that deaths. Api - hey thanks for coming over thanks for coming over. If you haven't already don't forget to hit that rumble subscribe button, obviously then you'll be getting notifications whenever we go live whenever we produce any vod content. Anything like that and make the like button.

Obviously so the like button is that rumble button. So it's kind of a different one where um wall street viking he's here joining the party um the plus button it adds and then the minus obviously takes away. So you can actually see the net difference, so a little bit uh different of a concept of how they want to handle it. So the equivalent of the like is over there with the rumbles, the rumbles, the rumbles van whiskey, plus one on the dark theme plus one.

Ah man, one of more recently it became obvious, and i've had some discussions with some of the other biggest ape creators. The suppression of content is just absolutely horrific and it's so cool to actually have an opportunity to like, like actually fight back against that and not get suppressed, just because we're pissing off people who have far more power in influence than ourselves. All right. Oh wait that one actually probably went green.

Did it no okay, tesla break even but micron pelosi's play we're up almost a grand we're up 740. We will be moving to a like and dislike button. This feature has been rolled out on our ios app already, and just so you guys know chris right there. He he's the bigwig before when i was talking about the guys back in 1789.

He would be the equivalent of one of those people with macaroni on his head. Like he's definitely the big wig of rumble so when he says something it's 100 accurate. I have to say: i've been new to it on your channel, but i'm gon na miss rolling heads on youtube, we'll just we're gon na we're. Never ever that was the one thing i demanded of rumble.

I was like. We need the ability to roll heads and, like we understand we're just gon na we're just to roll heads here on rumble. It'll be the same thing: we're not getting rid of that. Definitely not getting rid of that there's just too much public demand for it.
The public guillotining of all the greggs, all right, tesla, crushing it micron stalling out at 98, amc getting a little bit of a bounce back honestly once again, finding its third support at 2440 and then spy just flat. Now that you're partnered here can you get me a drop at rumble? I could probably forward your resume. They are a very rapidly growing company like when you guys have some time seriously, just like google, their metrics, their growth, metrics um agnostic of my conversations with them. I was like oh, like: let's see what they're actually going into and like their user growth, it's it's jaw-dropping, it truly is and to me that just shows a lot of the mentality.

In my opinion of where people's psyche are at like i, i guess media is telling us, you have one interesting dialogue and media mainstream media uh is telling us that no no, like there's nothing wrong with big tech. It's like a-okay, but when it comes to people making decisions they're making decisions that are anti-big tech, i mean right now, literally, like facebook is meta, i should call it um big arguments like there was that whistleblower and they are literally being heard in front of the Senate, like you're, seeing a pivot away, and it's so exact opposite of what like media, tells us time and time again, uh wait. We have an update for you meme, we are hiring uh, scented jobs at rumble. There you go mean maker jobs at rumble.com, for anyone uh i mean i'm sure they're in need of all various forms of skill sets.

So if you want to join up with the four plus million people that are leaving their jobs seemingly every month and if you're looking to start a new career, hopefully fingers crossed as the world is opening up jobs at rumble.com. I'm sure they're in need of various skill sets all right, tesla looking good, hopefully that can keep pushing micron. Looking good, actually amc. Looking like it honestly looks like it wants to go green.

I know we're still 67 cents away, but this is a strong pattern. The spy kind of boring the q's not doing too much what are some other movers today corsair we got into that one on the public account a bit ago, roughly break even all right, all right, all right, all right, tesler, tesler, tesler amc, looking good uh! I just signed up also as gta nation if this rumble lasts more than four hours, i'm not calling my doctor, i'm calling my ex-girlfriend. Oh man oatley all right, so we have some questions about oatley, not doing a whole heck of a lot ever since it's ipo back in may just been kind of down trending. It might finally be bottoming it out.

Yes, you are definitely definitely seeing some clear bullish. Divergence, if you look at the two most recent relative lows: yes, it's gone lower, but the rsi has gone higher. That tells you that there's less bearish momentum at a new low, which is a little bit of a mismatch, why it's called bullish divergence, you're. Looking for the breakout above roughly 850 and then you're watching nine flat support support, uh some resistance, but also a key psychological level, so you're looking for the momentum, continuation to nine and then that's going to be an important test level.
Is it going to continue higher or is it going to get smacked uh instead of ding ding ding? Now, let's say, let's get ready to rumble: either works. What what kind of voice all right so we're gon na take votes. Obviously this is a community driven effort. So when we do it, should we be doing it with this voice, let's get ready to rumble, or should we do it with this voice? Let's get ready to rumble.

I mean i already know that this one's better yeah that's going to be the voice that we have to do it with. That's, that's, obviously the voice. We have to do it with all right it like. I guess it's technically a vote, but i think all of you are going to vote that the second one is way better uh.

I am a viking. I can write in hang on uh. Are you hey? Let's go to? Can i open this? Are you planning on making a second rumble channel along the same lines as coors light um we can, as of now, the entire concept was just to put everything as quickly as we can on to rumble, so maybe in the future. If there's that demand, we can spin it off as a second channel.

It's actually really really easy uh. But for now, like i said, the vod content it'll, just there's going to be like a one-hour exclusivity period where it's going to be on rumble first uh, so kind of like a one-hour headway there at chris. I am a viking i can raid and pillage. We also sail long distances on the promise of untold treasures.

So would you recommend accounting or the pr team? For me, oh man, i could already see the team at rummels like what did we get ourselves into amc crushing it like? I said i think it's going to go green. I think it's going to go green right there, it's going to be a good day. It has to be a good day. It's a big announcement day.

You're not allowed to have a down market on a not good big announcement day, thanks for all you doing from wyoming, i'm even a bigger supporter of you now that you stood up for what you believe in your rant was spot on. Let's rumble i've never sent a super chat, but i'll support rumble back country short hairs. I appreciate that that's so cool, so so cool the old george w all right spy, looking good tesla, looking good micron, looking good all right i'll give you that update right here. Oh and i haven't shown it to you yet so these are the two live plays uh the tesla is up 200.

The micron is up 765.. We started this account on friday and it's currently trading just a hair below 000.. So thus far the little public challenge to see if we could speed run it getting uh across that 25 000 pdt rule, which is one of the dumbest rules ever thus far going pretty well. We started the first day off last friday by dropping 2k, not bueno.
You do not want to drop 20 or 10 20 in day one, but then, luckily, monday morning it gapped up um and we locked in up to 15.. We had another little yesterday was a mixed bag of a day. We went up by about another net 700 and thus far today we're up to 16 five um. So let's see how that all actually ends up playing out.

So those are the two positions i just want to keep myself accountable with all of you once again, just to reiterate the information about tesla and micron, i have it all written down right here, keeping my own little trading journal just so we can document every single Trade, and also, i guess, i'm giving a little bit of a away, for example, some of the times when i'm not streaming. I have to get out of the play like yesterday. I got out of tesla i had tesla puts got out of that and then switched to tesla calls that all the trading is not necessarily going to happen um in the appropriate time from like that, 11 to or 9 to 11 or 3 to 4 show. So the midday, what i'm going to use is actually locals.

I'm going to use it as my training journal and i'm also going to be sharing my training ideas and for any of you who wanted to join up with that absolutely feel free. You can use it as your training journal and you can also use it to share your ideas or read. My ideas read other people's ideas, something maybe worthwhile to check out. If you are interested in that, i can't wall street viking pitched his resume to rumble.

If you need a viking, wheat village, we have no issues whatsoever with being on the sea. For months that end, i was actually being genuine about the job. I'm working on my bachelor's for network operations and security and being twitch mod, doesn't pay enough me maker seriously. Uh drop that resume go to jobs at rumble.com uh.

It doesn't take much research to realize how rapidly the company is going and if there's one thing, i've learned about tech companies, the earlier you get in the better and you have the opportunity to get in right now me maker, at literally on the birth of it. Going on to the public market, all right, tesla, still kind of hanging out the spy waking up a little bit. Amc had a beautiful run, 24 forward. 40.

All the way up to 25 30-ish, like a nice 90 cent, run there one two three, four: five: six: seven, ten, just green minutes in a row taking a little bit of a breather. Now, not the craziest thing. Let's see what kind of flow we have once again, people continuing a continuation bet on ford, another 444, 000 roku, 250 viacom catching a call. Microsoft put some people betting around 700, 000 against microsoft, the one that i'm finding interesting.

This is a very brazen call on tesla tesla 1300 for the jan monthlies, so not this friday night, not next friday, but the friday after they bet 260 thousand dollars on that they bet a quarter mil that tesla is gon na want. Where are we training at right now? Let's pull that up. Let's see what percentage gain they're betting on! They are betting within the next two and a half weeks. That tesla goes up another 12.5 percent and honestly it's going to be a little bit more than that, because if you figure out the premium that they paid, you have to add that on to 1300 premium, i guess you would divide that up by their open interest.
Yeah but whatever their cost basis is 13., so really they're betting. It goes to 13 30., so they're betting, so 1313.13 gained 13. 13. 13 in the next three weeks.

That's crazy! That's some money, but we've to be fair. We've also seen larger bets on tesla. Just waiting for the day, yes, am i gon na get some pelosi money on micron, of course, but that day, that pelosi goes long on tesla, i'm i'm just everything. I'm gon na take all of my cappuccino: industry money.

All of my green tea money industry, the frog money industry, every single industry that i've ever ever shield for i'm taking all that money, i'm leveraging it and then i'm putting it on tesla, calls make sure to put moon gang member on your resume. What's going on gorilla, gym, champ, champ, matt, sorry for the delay i was driving during the big update. Necessity is the mother of innovation. I agree.

It was time to pivot uh, today's the third most noteworthy date behind amc and gme, so effing, tired of big tech and censorship. First, ever super chat take five dollars for freedom of speech. Man. I was excited for this, but to see this reaction of like how many other people, whether you articulated it before or not, but are just feeling the same way like that's i don't know.

Maybe i don't have enough life experience, i'm 27, but i'm also like i'm a young 27 year old and i don't mean it in the way that, like instagram moms say like oh i'm young, i mean it as in like i'm hyper immature and i have a Lack of life experience like that's what i mean when i'm saying young, so maybe i'm a young 27 year old, there's much more of the world that i should experience, but even at my overall lack of life experience the fact that, like i can even see that, Like where we're going down like this, this concept of a group of five companies just like exclusively caring about their bottom line, and it's so bad. It is so bad when you look into how these algorithms are running and what they're doing in the back end. Like intentionally a negative emotional reaction and getting people to fight because it drives up engagement, which makes their advertisers more happy, they are basically selling, i guess, like political divide, to pump their stock up. That is not a good trade-off.

Dividing a country pissing people off day in and day out, i don't care if you're right, left in the middle have never looked at politics in your life. It impacts all of us. It's just not a good. It's not a good way to go, not a good way to go tesla moving time to make that money all right.
Tesla's up 900 microns up 700. another money-making day, come on. Let's go higher. Pelosi needs to get this breakout.

For me, oh wait. I think i missed one wait. There we go, uh lando is playing some lotto calls on rblx roblox. I got beat up on it, my like, when it broke below this level.

I had to cut it yesterday, but more than happy to re-enter it. If we get a third support and it starts to push, i'm actually genuinely surprised about the recent weakness in roblox um. In reality, i think it's just going to represent more opportunity, same thing with snow. I got beat up on both roblox and snow.

It just did not turn out well. I was in those for two serious red days - snow. If you don't know about that, it's a data analytics company, it's one of the few that the ipo is actually backed by warren buffett. The ipo was a success.

It added billions and billions to his like personal, like wealth. It was crazy um that came out uh over a year ago, but anyway, data analytics and what's interesting about snow right now, it's like the chart looks okay, but it's more so that we're seeing a lot of wall street we're seeing a lot of big money. Big institutional money, betting on an explosion to roughly 370 by march by mid-march, which is in alignment, i believe, with its next earnings announcement and it's crazy money and what it is, is it's not like a lot of like hundred thousand dollar bets? It's just like every couple days we see like one whale bet like to the tune of 10 plus million dollars in the options market betting on snow going up. So i'm that's one that i'm like really really stocking right now, um, i got beat up my first trade on.

It was obviously a loss, but when snow starts to turn back around uh man like honestly, if it i might re-enter if it breaks back above 318 and just use 303 as my support, but they are expensive if you want to play those march ones, because it's Just so far out, but huge huge money, huge huge money, uh, so definitely something to consider there and roblox. I mean i've always been bullish on gaming. I just can read. The reports of the esports sector is just growing and growing and growing, but on top of that i am particularly bullish on the metaverse this year and also past that, but particularly this year, i think there's going to be a lot of opportunity.

A lot of potential financial windfalls related to the metaverse, and, i would say some of the main equities in which you could play the metaverse - is roblox microsoft. Your favorite semiconductor industry such as nvidia amd micron, intel qualcomm and there was one more matterport matterport mttr is another one that you can get some not direct. I mean your exposures to the company and then that company has exposure to the metaverse. So i think that's another unique way and then, of course, if you want to play crypto itself, you could look at sand.
You can look at mana, you can look at gala, you could look at ethereum. Those are some ways to play it or if you want to really really go for it, you could probably just straight up, buy land or somehow invest in the metaverse, so those are all like ways that it could potentially be played and i'm trying to think of Any other i i had a whole list and that notes up there uh, so i should probably make a standalone video on it, but roblox definitely getting you exposure most likely to the world of the metaverse that digital world that i think is going to make a.

8 thoughts on “ep. 206 the calm before the storm stocks stall out”
  1. Avataaar/Circle Created with python_avatars Chris Roberts says:

    where can I download rumble is it on the android markeplace

  2. Avataaar/Circle Created with python_avatars Richard says:

    Rumble

  3. Avataaar/Circle Created with python_avatars Rob Oceguera says:

    My dude! I have been following since the beginning of last year! I can’t express how happy it makes me that you are partnering with Rumble! We have to stand up to this stupid cancel culture. We have to stand for our Constitution! Lead the way my dude! I got your back!

  4. Avataaar/Circle Created with python_avatars Ish The Face says:

    Ironically Rumble is Canadian, not American.

  5. Avataaar/Circle Created with python_avatars Boricua says:

    Im on rumble as well, no censorship cry baby liberals YouTube censorship run by a creepy woke woman

  6. Avataaar/Circle Created with python_avatars J Burbs says:

    Yup… you signed a deal with rumble. Good for you! The storm! Wise move

  7. Avataaar/Circle Created with python_avatars Michael Titus says:

    Just read you are going to be on Rumble!!!!! Awesome, Rumble being another way to circumvent censorship! Lead the Way Matt!

  8. Avataaar/Circle Created with python_avatars Rob Clement says:

    People still watch this garbage πŸ—‘

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