Foreign, you, hello, hello, hello, folks, let's get connected to nasa here, just getting ready for the space station. Folks, folks, folks, folks, folks, hello, hello, hello, happy wednesday september 15th and, as you know, it's always a be a beautiful day to be named. I hope everyone is having a great morning afternoon evening night, whatever time it is for you, i hope, you're having an absolutely fantastic one. Let's hop right into it, let's hop about.

What's going on, as you can see, i have sprt and gre up over here. We know sprt is getting uh, it's kind of merging, i mean gre is a bigger company. Sprt, i believe, will represent what about eight percent eight and a half percent of gre. I have them up neither trading.

Yet, let's see how that goes today, uh should be just give us something to watch something to pay attention to, but before we get into stocks, just a very quick crypto update for you, ethereum hanging out at 3 400 ethereum. I honestly think it's kind of an interesting opportunity looks like it's trying to break out so watch for ethereum to hold 3400 and look for it to eventually get above. Whatever. This kind of tranche level is, let's call it somewhere between 3, 500 and 600.

Above that, i very much think it's going back to pushing 4 000.. I own ethereum, i'm in it, i'm bullish on it. Long-Term hold uh same with cardano cardano's had a bit of a weird experience. Lately it went through that alonzo stake and or the alonzo fork.

Excuse me massively important massively massively important just by the sheer fact that hey it's competitive with ethereum, they both have these smart contracts uh, so that went live as of september 12th. So about three days ago, exciting stuff, hey all these everything you see on the screen. I think i think we're at an interesting point where, with this, this crazy story between amc and jimmy, it's attracting so many new people, the craziness in crypto attracting so many people, and i just want to quickly remind everyone that we're in a day and age, where Uh people, it almost seems like many aspects of their life, but i'm just here, i guess to commentate on uh, more of the financial aspects of things people are unwilling to. I guess everyone's trying to put off or everyone's trying to have instant gratification instead of putting it off, but just so you know your friendly neighborhood reminder massive wealth, lots of money.

It takes time. It is very, very common for serious money and serious gains and serious changes in your finance financial status. A lot of it happens to be a function of time and i think there's a lot of people who try to romanticize and sell you. This concept of i trade every day and i make thousands of percent in the green every day, huge returns huge returns, huge returns.

Do i think that some people out there do it yeah? I do. I do think that there's some very, very good day traders who, for whatever reason, the way their brain functions. However, it is their understanding of the market. I do believe that most people are.

I do believe that there's people in that scenario, but by no means is it average um. Some of the statistics i see 90 95 of people who attempt day trading it ends up becoming a net loss for them. You might be in that rare group that five to ten percent but understand that money wealth, the the you like kind of going up to that next rung in financial in just like the financial. I guess bearing of this world a lot of it comes from a function of time, picking things early when they're, cheap and being invested for it in the long haul.

Whatever time that is multiple months, multiple years, multiple decades and riding it up the stories of - and i'm talking about this within crypto, because, like i'm just seeing more and more of like these people, trying to like pump basically, these random little coins, when really the big Wealth was these people who got into ethereum super early bitcoin super early cardano super early solana super early, even hex super early. It's people who get into it early realize what the project is about and they're not actively trading it. In fact, some of the people who make the most money they're not really traders at all they're they're, just saying hey, i see a trend in technology or a trend in maybe just something fulfilling a certain point of value they get into it and they sit there. They're not really active traders and, honestly, even these stocks, the people who got early into apple, microsoft, google, even right now the people who got into amc and jimmy the people who are up the most right now are people who got in in january or before that And they're not actively trading they're, not doing some fancy schmancy like in out checking this out, checking that out um.

I think, there's a time and place for it. It can be fun but understand that these huge huge gains. It's people who make a bet early on they stick to the bet and they don't do anything. I wouldn't say that they're really active traders at all.

It's like these people who got into gamestop sub 30 the people who got into amc sub six dollars some five dollars, maybe even less it's just people who got into it early, they bought it, they had conviction and they sat there they're not doing. Oh man is this camera jumping again, it's so frustrating hang on. Let me try moving this light. Let's see if that, let's see if that fixes anything today, i think my camera gets just very very excited in the morning, but overall um i i guess this is important to talk about, because i don't want people to somehow conflate the two of like picking something That you're doing a nice long-term bet on and then like all of a sudden you're.

Turning what what you originally thought was a long-term bet into what just like actively trading in and out um. That's a skill set active training day, training, even short-term swing training. That's a skill set that has to be mastered and it takes a while to get it mastered, and i i just don't want anyone, i'm so sick and tired of these. These people, like across crypto across options across stocks across futures, uh, there's just so many scams going on, and it's so so sickening because they're playing into people's um, i guess desire for hope of, like they really are like honestly, it's just like hey without doing much.

I could teach you over a couple months and you're going to be making thousands of percent a day folks. That is not how the world works. If there was something like that, where, like hey this skill set it it, it just does not work like that. That's not how our world functions right.

Now, it's very much that old, saying of if it sounds too good to be true, it probably is with it. I mean i and the reason i'm talking about it is just honestly. This morning i was reading about more of these scams and the scams they they are in literally every single sector out there. So folks, please remember if it sounds too good to be true, it probably is, and anyone pitching you this concept of, like hey just like take my one week course give me a couple thousand dollars and you're gon na be a multi-millionaire before you know it.

No, it's just not how it works. True, money, true wealth, you're, an early investor. You have high conviction, you get into it and you just bet on your thesis and you see how the your thesis plays out like a good function of time later. But anyway i went off on that tangent just because i was reading about more and more people getting scammed, and i just think it's really sad.

So please be careful um! Please, please, please be careful with any scam attempt, anyone trying to say hey. I have a secret investment opportunity. I have like this huge uh like huge opportunity that no one else has heard of before. Probably all a complete, complete, complete lie: let's talk about what's going on in the overall market ever since september, 2nd the s p 500 has been selling off.

Yesterday weird day, we've had four red days in a row, uh, definitely a bit of a downtrend. I am still looking, i mean it was really close to it yesterday and it seems like we're we're opening up a little positive this morning, uh, but i'm still watching this 442 and a half is uh kind of this level. I'm watching i want to see if we're going to bounce off of that or if we break through there might be kind of a an additional sell-off to the 337 336 level somewhere in here. But if that happens, no reason to panic, no reason whatsoever to panic.

First of all, i would argue that it's somewhat of a healthy correction, i mean look at this. All we've done is up up up. If we come back to here that is a-okay. You can make money both ways.

You could write it down. You could ride the bounce back up there or you could just be patient and understand that, like hang on, okay, you might get a little bit of a percentage hit in your account, but overall we're looking pretty pretty freaking good, it's okay to have a little bit Of that healthy correction, and even if it is if this does lead to a bigger sell-off, don't panic look at it as an opportunity. You'll be able to make some money on the downside and when the downside's over and we see buyers step in well, that's where you buy everything on discount and this kind of actually relates to what i was just talking about. You buy things when they're cheap, you become a nice like you, create a nice position at a good risk to reward opportunity, and you create that as your basis and you ride it out from there.

That's when the market rips drops or goes sideways. Please understand that. There's opportunity in all of that you just have to know how to play it with reference to the russell 2000, we're just paying attention to this, because amc happens to be the biggest stock within it just so you know we did have this breakdown of 221. Yesterday, now we're at 2, 20.

uh looks like it does want to head back to this 218 level. So i'm watching that on the russell 2000 218.. We just important commentary about over the past week week and a half. We know that amc is the biggest stock within it and it's really been kind of bucking the trend.

Uh, it's been saying hey, even though the russell 2000 is going down, amc is going up up up that kind of it fought it as long as it could, and then it kind of caught up to reality with the russell 2000. Yesterday, today, yesterday amc closed at 47 30. Today it looks like we are gon na open up down a dollar. We do have pretty noteworthy support around between 45 and 46.

I would say support and we also have additional support at 42. right here. Uh. We have to watch the opening, we really do and we have to watch it throughout the day, just because the sole fact of we we we don't know if amc, is going to continue to buck the trend, or is it finally catching up to reality with what The overall larger market is doing, but this uh - i i you - could even sense it yesterday.

I think people kind of got bummed out that we had one red day and i i think i even titled this or maybe it's yeah. I did title at this when in doubt zoom out, please understand that yesterday's 8.5 drop is not much in comparison to the fact that at one point we were up 76 in even from the recent run on august 11th. We're talking about one month ago. We're still up 61.

I think this still when people have and i'm not saying you're wrong for having like that type of emotional response, because it's your money at play, i get it. Money can be a very, very emotional thing, but i think to help tamper. Maybe a negative emotional response. Please understand that, like this, this play is not an instant gratification play every single day.

You're, not gon na, be like oh, more money, more money, more money, more money, this uh, i i think this is almost more commentary on like crowd. Psychology and what really our society has gone to is everyone wants success and they want success every single day day in and day out, and they want it, and i just that's not how the market works. I mean we we've had crazy success, we had some boring periods, we had some negative periods, we had some boring periods. Then we had some positive periods.

If one red day, i mean we've been through worse folks, we have been through far far worse and the people who end up staying convicted to the trade are the ones who end up making out. I mean, since the ones who battled it out at these crazy levels, at six dollars at eight dollars, sub ten dollars, and it's those people who have convictions. And i could say the exact same thing - is true, with jimmy jimmy actually holding up very very nicely. After this shoot up, we had the lower highs, the higher lows, the fake out breakout, and it's still battling out at 200..

They tried to take gme out after the earnings announcement, but the public did not care it. Gapped down and people bought it all the way back up and right now that key technical and psychological level at 200 is acting as a magnet love. The fact that gme showed so much strength to bounce off. Of i mean they tried to annihilate gamestop at 178 and instead they pushed it right back up and we're battling it out at 200.

We'd love to see it take out 205 first, then 208 and a bit of change and then the region from 212 to 215.. We do have support uh. I want to see it stay at that 200 level, but there is additional support between 190 and 188 on gme in terms of the vortex numbers. Let's just up these update these to see.

What's going on today, they've already borrowed 670 000 against amc today on a neta 612 short interest of 19.38 utilization 88 and shares on loan 108 million in terms of gme there's been a small net return of 43 000 shares short interest of 13.66 on a utilization Of 35 and a shares on loan of 7.5 million, so those are the numbers we're going to start off with today. I want to see how everything like does or doesn't react, of course right at market open, but just so you have a better idea of. What's going on with the shorts, to sum those up? Yes, the peop, the fact that people are spewing, the rhetoric of like oh, the shorts, have dried up. They're gone well, the date is actually exactly opposite.

It's exactly opposite! Um! No, the shorts have not dried up. There are still actively people a lot of money. Betting against these two, which inherently for us just means that, in the event of nice, positive price action, technical breakouts, the shorts, are gon na feel more and more pressure uh. So any of this rhetoric of just like, oh the shorts, are gone like no one's showing it's like.

Well, no, the data is actually telling us literally the exact opposite um. I see a couple comments about sprt. It wasn't de-listed. Remember it transferred into g-r-e-e greenage right here it absorbed sprt through a merger.

So it's going to be trading under this uh. Let me g-r-e-e here we go. I know some people were doing the math of talking about it around a hundred based on it. Uh, hang on, let's see what sprt, oh, it's not even even showing up anymore.

It got rid of its chart interesting. I thought they would at least have the recent charting information. Maybe your brokerage does, but here's g-r-e-e uh. This is what sprt got put into, but don't think of it as the exact same because it's not gree has quite a bit of baggage.

In fact, sprt by definition is actually a minority of what's going on in this company now. So i the things we previously known about sprt uh. It has a little bit of influence, but it's not the driving factor anymore on gree, but more than happy to check this out. If you own sprt, shares calls or puts it will get credited to your account at a proper, proportionate rate to g-r-e-e uh once again shares calls puts you will get the credited g-r-e-e at the proper proportionate rate.

It is not one-to-one um, it's about like one to like, i don't know. Roughly 0.115, i believe, is the number 0.115 is the rough number, but that will show up in your account. You don't have to do anything special, so you will be now. Hopefully the proud owner of gre, if you are in sprt good morning, matt, have you seen the supposed glitch with a bunch of u.s treasury bonds dropping 100 this morning, nope i haven't um.

I don't know if it's just like a data. Software thing, like i mean you, see weird things, and then they just correct it quickly. That is not really representative of the price, it's more of like the technology you're using the brokerage is showing you like messed up data or something along those lines. What's your thought on irnt irnt it it just started trading recently like and i mean like getting activity.

I mean it started moving on august 26th um. So i don't like it because of that. But if, if we didn't, i guess concern ourselves with that. It is looking pretty strong uh.

We have this gap up today. If the gap up can hold, we might be testing and breaking out above 30.. For me, i wouldn't take a position on ironnet, but i do admit from a technical perspective. This is looking strong.

This is looking pretty strong. Matt just make the red go away, please. I can't take anymore, i'm gon na run outside naked jk. I am pissed, though, what's going on mike, if you can't handle five dollar drop, how do you expect to handle the actual squeeze? This is why i shake my head: when people say 500k caesar morales, um yeah, i think people and - and i get it and i i don't think that they're wrong.

It's just because we have to remember. We have so many people who are new to the market and maybe they don't have the best understanding of how things do or don't move, but i mean a 4.39 drop on amc, a four dollar and a 16 drop. I mean it it's it's just par for the course. This is how a market works like you're, not gon na always have green, green, green, green green, and i think that people have to temper their expectations of like day over day results, and i think some of the people within this community are not good for the Community, because every day, they're pitching you this rhetoric of like every day, we should be up 100 and you know what we should be up more every single day.

We should be up a thousand percent. No, we should be up five thousand percent, it that's just not how the market works, and i i don't like when people pitch that, because i do think that it is damaging to our community in a certain sense, because whenever we have these unmet expectations well, that's When people get mad and pissed off and they're making bets that they shouldn't make based on information from someone who's exclusively trying to get karma and likes, and views they're trying to tell you what they think you want to hear, instead of their best rendition of what They believe is going on in reality. Um. There are many many people out there who are using the community to grow.

I guess their their social clout in a certain sense and instead of telling you what they truly think, they're telling you what they think you want to hear, because in the world of social media confirmation bias is a very, very strong thing and people love confirmation bias. Like they would rather yeah we're slowly but surely - and i honestly don't even know it's a if it's that slow, but it seems like we're we're trending away from people, don't necessarily want the hard truth of this situation. Instead, they would rather just like, like a comforting, lie of a certain sense and right now, amc amc yesterday, gme they both took a hit. Is that good? No, of course we want more and more green, but does does one red day, especially when you check out either of the charts like ruin it.

No one green day does not make us one red day does not break us. We are still trending upward. There are still shorts that is the truth of the situation. Thoughts on ivc trading view premium, one dollar right now to uh ivc medical specialties um, it's a six dollar stock that doesn't even trade, two million shares and it just had a gap down yeah.

I wouldn't mess with it. One of these days it might gap fill, but i wouldn't do that until i see some buying. What are your thoughts on the irnt short squeeze hype? I didn't even know it was a short squeeze candidate. Let me check it out on ortex uh ortex might not even have it since it was recently uplifted uh on the new york stock exchange uh.

The short interest is 11 utilization. 100 uh super low flow super super low flow. So that's interesting. The short interest isn't exactly where i would want it to see um just because i don't know how many people are like the community's support uh, but i mean it not even from a short squeeze.

I just like the chart like i think the chart looks strong. I wish it was trading for longer, so we had more technical levels to play off of, but this chart is flexum it's showing some strength morning. You should watch some ordinary gamers recent videos about one of those just recently, people being scammed, like ricegum and other social media, douches people saying to the moon. Look bad yeah, uh there's so many scams like and it's just it's the sobering reality that some people in this world are pieces of and they are looking to scam other people for whatever reason, if they're trying to get money or social credit like whatever it is People are gon na scam and unfortunately there are people like that in all communities, so you just have to be be careful.

Please, please be careful of these scammers what's happening with bbig what is happening with bbig bbig. I want to see this recapture nine and then ten uh bbig, drew true. Demon does have some interesting information on this one um about like just where they're trying to peg the price just because of what's going on in the options market and fails to deliver and what they can or can't cover. I would love to see bbig recaptured, nine and then especially recapture of 10, fully back in play.

What else do we have? Can you give some context and what happened with sprt? I woke up and it was d listed in weeble yeah i mean it was. We've been talking about this merger for a while g-r-e-e it was merged with that. So it's going to be trading under that ticker. What happens with sprt options stain my it's all going to be converted.

My sprt have not transferred to gre yet well. First of all, the market's not open, and it might take a second but it'll - convert uh hood five dollar put for this friday possible atr, please it's possible, but highly unlikely. That would be a huge, huge drop ater after that breakdown. Yesterday, at 15 it just continued to sell um it's at pre-market, it's down even more down seven percent at this base, uh.

If buyers start to step in at 10, that might be an opportunity or there might be opportunity in if it breaks below 10 running it all the way down to eight. You can play these both ways. Um. This is not a community or a group of people who like exclusively go wrong like if you think you're seeing weakness.

Well, you can make money both ways, there's nothing wrong with that, hey if you're in the market. Your goal is to make money, but if you're trying to ride something up down or if you structure an options position where you're looking for no movement at all, whatever that is just have a trading plan, i think that's become one of the core things. I'm attempting to pitch on this channel is: please: please have a plan, don't just get into a stock, whether betting on it up down options, futures crypto. Any of that just have a plan.

I don't care what your plan is, but it should at least be like. Okay, what is my risk? Where will it have to go that i'm like okay, i got this wrong and you cut it for a loss, but hopefully a manageable loss. And what's your reward, are you looking for a price level, a percentage gain? Are you looking to be trend followed just have somewhat of an idea, don't get into a play and then when it moves, whether up a lot or down a lot? I don't want this concept of people, the deer in the headlights and be like. Oh, it moved what do i do now? That is not a good time.

You should know your plan before you put any money on the table: hey matt. What is your opinion on doge, i'm incardano and ravencoin? So i don't know much about ravencoin. I like cardano, as for doge um, i wouldn't bet about against doge the same way. I think it's silly to bet against amc and jamie, especially right now.

It's just you cannot discount the value of a huge community support and that's exactly what doge has the way. Amc has it the way gme has it so does doge um and that's one of the biggest learning things or lessons. I've learned over the past six months is when there's huge social support for something it's really hard to beat that thing, and i put doge in that category. Yes, it's in the world of crypto, but there are millions of people who are supporting doge and it's.

It has some other good psychological things going on with it, so i mean doge the charts not looking the best, but even i've learned when the charts don't look the best. I mean still these things huge, huge community support. How can they only be allowing sell to close on gre? You have to be a buyer or seller um, because that's probably just your brokerage for you to sell, there's still a buyer, but just because your brokerage is stopping it and gre uh. I don't even know if that's necessarily true if someone else can confirm that, is it possible to short crypto.

Yes, big super chat. Rsion amc is oversold on the one hour that should cheer up some apes who are worried. Yeah, i mean folks you if you liked amc and you were buying it above 50. You should love it at 46..

All right, we have already some early morning, greg's, hey matt, did shorts cover. No, i'm going back to bed. Wake me up when they start matt. This is an opportunity for you to buy the amc market dip.

I truly feel, as if amc slide is partially driven by external market catalyst. Yeah, i mean the market, that's the s. P 500, the russell 2000 showing weakness um. I thought it was an opportunity.

Yesterday, like i said i got out of all my amc calls and just converted over to amc shares. I thought it was an opportunity. I saw a volatility drying up, so i was like all right, probably not the best time to be in options, but i like the discount and the price. So i was like.

Oh let me just buy it on discount. Moas imminent titles have made me unfollow many anyone pitching you that something is guaranteed and you can tell them. I said this: if someone is telling you something is guaranteed in the market, they do not know what they are speaking about. Nothing is ever guaranteed really in life, but especially in the market, if you're, if someone is saying this has to happen, they do not know what they're talking about um, i would not say imminent, i mean i'm.

The the point of this is the fact that we are fighting against a very well-funded, politically motivated establishment and we're trying to change it for the better for ourselves and for future generations. If you don't think we're competing against very serious people who do not want us to be successful, you are absolutely fooling yourself and then, when you have all these ding-dongs out there, who literally just joined the market within the past six months or a year and be Like trust me bro, i know what i'm talking about this has to happen. No, they they are. They don't know what they're talking about.

How would they know what they're talking about that? It blows my mind and it um it's a serious pet peeve of mine, because i think that they're giving advice that they should not be giving at all and they don't know what they're talking about to say anything is guaranteed. I don't care if it's a stock, a future, an option, a crypto; no, no, no, no, there's no such thing as a hundred percent or zero percent in the markets. We live in that gray area between a one and ninety nine percent probability, it's a scale, but crazy things happen like this. This concept of being able to guaranteeing and saying imminent, all it is, is click bait.

All it is, is click bait and this concept of, like hey man, i joined the market three months ago but, like i know exactly what i'm talking like what insane ding ding ding the casino is open. Let's see how we are opening up today, let's see how we are opening up today, all right out of the gate amc around 4625 jimmy at 196 spy at 445. atr. I just have it up for whatever reason: um, we could come back to that uh.

Actually, let's put up g-r-e-e, i think a lot of people are going to be curious in how this one actually plays out so i'll, throw up g-r-e-e, probably going to be a wild day for it. Just getting listed, i'm expecting quite a bit of volatility in this bad mamma jamma, if you're just joining in the reason we're talking about gree is because sprt merged with it. So we can check out the volatility on this one, i'm expecting quite a bit of volatility. Quite a bit of volatility, so people wait the people who are telling me that they, like couldn't trade gree, now that the market's open uh, i'm just curious just so in case anyone asks me, i could properly share the information um like.

Can you trade it now? How do you decide which comments to read aloud uh big cat? Like i usually just look at the name such as yours and i was like? Oh that's a sick name. I wonder what they have to say and then i read it out loud uh juts chevy's, asking for mvst mvst uh. No, what is this one? Not the best looking chart, but in a shorter time frame it shot up, came down, look for it to get above. Yesterday's high might be swinging back around all right: amc, intraday, high 4660 intraday low 45.35 uh.

Let's, let's see how it plays out. We it takes a couple minutes. Let's see what the trend is for the day, uh gme bouncing off of 195 looks like it's already wanting to push. I guess roughly the 197.50 area, probably 198, we've seen some reaction to that previously got absolutely torched by sprt gre minus 80.

In two days. Alright pay me: can you touch on short, exempts? What are they and how ssr doesn't really matter? Okay, so those are two very different things short exempts. Are they relate to the world of market makers, so think citadel securities think virtue short exempts are when these market makers they're actually allowed to go short in environments when they're, not when no one else is allowed to go short such as ssr ssr stands for short Sale restriction and it's what happens when a stock drops 10 that triggers ssr, and you can only go short if the stock is up trending for the remainder of that day and for the entire next day. So in this scenario, market makers can actually still go short outside of that rule uh and it's really weird, but it's defined as basically, if they think there's a good reason to go short, that they're still allowed to go short even as ssr is on and the Stock is down trending, so uh, that's what short exempts are.

Market makers are still allowed to create a short position, a net short position if they think it's necessary and it's like kind of their their own judge, which is really really weird, but in general does ssr protect us. No, i think it's um. It's a really. I don't know i don't.

I question the efficacy of ssr uh. It doesn't really seem to protect this entire they're attempting to stop the dog pile effect like when a stock's going down, and you have all these shorts just jumping onto it, pushing it down down down down. It doesn't really seem to protect us that much uh all right. Let me start writing down some of these requests.

I don't want to forget any of these ones so shout out to who is this bales c, a n c, a n n b t b b, t b question? If buyers are redirected to bar dark pools, can they hold those buy orders, so they don't affect the emc price? If so, how long can they keep it? No, they cannot do it um. That's another thing. This dark pool thing: you have all these people who um and when i say all these people, i i really mean a small group of people that, for whatever reason, have developed some sort of a voice that are pitching this concept of all of our orders are Being redirected to dark pools and then they hold it and there's no influence on price. There is literally no evidence of that and anyone that has true stock market plumbing expertise.

They disavow that they say that is a poor understanding of the market, and it's just not true and um. We even have people pitching this concept, that 60 70 of amc and jimmy is trading on dark pools. That's not true, 60 to 70 percent or whatever those high numbers are above 50 is trading off exchange. That is true, but to say that all off exchange trading is dark.

Pools is inaccurate, uh most of it is being done by market like wholesale retailers by these market makers. Um a lot of people just they're posting information and data points that are actually inaccurate. They're factually wrong and then i get into the weird spot of just saying: hey: this is wrong. Like you have a following, maybe you should take the time to like actually vet your own info before you put it out and then people get mad because they feel like i'm going against their confirmation bias, and i guess in a sense i am going against their Confirmation bias but 60 70 80 of trading on amc and gme.

Yes, it is happening off exchange, but a majority of that block is by market makers by wholesale retailers by internalizers. Those are all synonymous, it's not happening on dark pools and the percentage that is happening on dark pools. It still has a material impact on price. Is this the highest? The short interest on has been on amc.

It was yesterday when we exceeded 20 uh people are asking about sdc sdc uh uh, defy the tyrant, amc, beginning of a huge cup and handle on the three-month chart uh. I think that's a very fair argument. Like the 50 to 50 uh, we we've been seeing cup and handles on various time frames across the board per td. Hang on.

This is from gary per td options the same as shares in sprt. The 0.115 of the total option count you had yesterday. No fractional shares cash in lieu mine are showing up now, with the value of yesterday closed. We'll take a few.

This am to update all right. Thank you. Gary uh wall street viking, getting g-r-e-e, hey matt! What do you think about ccj uh? This is a uranium play. It feels a bit chasey but we'll check out the chart.

801 ape nation sprt delisted, uh technically, but it was more so just absorb by gre on call with sofi support if you're having trouble seeing a ticker change for sprt to gre. Right now and don't see a buy, sell button hold tight. I am getting answers. That's from occam's phaser um.

This is probably why you have to be careful being on sofi. Sofi isn't really considered to be some sort of like crazy, like legitimate trading brokerage um. It's kind of a new kid on the block uh, but i don't know if it's like necessarily the safest brokerage. I haven't used it.

So i can't like really, like i don't know, get into the details of it because i've just never used it soul, message retracted. They are not allowing trading on weeble of ggre first, only allowing selling and now no trading at all. Now that the market is open, was able to close out an sprt put position via td. Already that's from gary thanks for reading my message: let's go also.

Thank you for the teachings. I'm up roughly 60k you're to date shout out big cat irnt is already halted on the move. Matt. I have nine calls on sprt for october 15th and my e-trade account is showing zero.

Have i lost my money nope once again switched over to gree had a few shares of sprt. Now i have none and no gr ee kinky kong. It will show up. You might want to call your brokers to see specifically the details of it, but you will eventually get gree, probably sooner rather than later.

Why is rnt showing suspended not halted? All my calls are showing 0.01. Is that normal during a halt? It is yeah and then, as soon as it's unhalted, it goes back to whatever the normal value is. I have 30 call options on sprt it converted to gre, but it's negative breakeven is 36, but it's not registering anything, but it's negative. It's probably negative because you're both of these have been going down, sprt is going down, gre is going down, so that would be hurting your inherent call position.

All right, irnt is back trading again folks. This is another one that i i don't want. I personally think in my own opinion, not financial advice do what you think is best for you. Irnt is another one that you would want to file the trend, but as soon as it looks a little bit weak, you might want to lock in some profits ooh.

I like that, push on gme, so i rnt. I will throw this up on the watch list on the side. Irnt, so is amc stock manipulated or not uh i mean i, i don't know how you would necessarily define manipulation. Do i think demand is suppressed and do i think supply is bloated? Yes, so if that's your definition of manipulation, then yeah, but i don't know necessarily how you're defining it is often can recover our price within two months after yesterday's loss in volatility with a 50 plus strike within two months.

Oh, of course, of course, of course i mean i mean amc can pull a like crazy u-turn within a day um. So two months yeah, i would, i would at least say so: what's the market doing for open selling selling selling selling amc getting hammered? Thus far? 12 minutes into the day um they took out 800 000 against it short interest of 19.41. Amc has traded 10 million shares so about one tenth of it could theoretically, just be straight up shorting any thoughts on p r, o g p, r, o g, no uh. Nothing beyond the fact that i wouldn't trade it a gap down into a penny stock uh.

What is this a medical yeah? It's a biotech pharma play, not my cup of tea, maybe eventually gap fills if i'm just looking at the chart, but i wouldn't mess around with it. Personally, uh we are seeing red in the market today, indices are down, amc is down, gme is down, atr is down the only thing. That's up really right now is irnt bbig's up thoughts on the daily macd. What's a low base you'd like to see for a higher low or handle so the macd uh today will probably i mean if we don't bounce and recover, we'll probably see like some sort of crossover, but today uh, like i said we had some support between basically 45 and 46 we broke through that.

The next major support, at least that we see right now, is at 42 and a half um. There is a chance we get there, bounce off of that, we'll have to see uh. Obviously it could create a new support somewhere. I mean this is where it caught itself on august 31st, at this 44 level, that amc is currently at, but i'm just kind of watching this region support between september, 2nd and september 3rd.

As a major one we'll have to watch. You have to just play these levels of support and resistance, but what i'm seeing across the market? Right now, it's just some selling. I mean they're selling the russell 2000 people are going risk off in the market uh. So i want to see this kind of bend back around what you're seeing in amc this morning.

Well, obviously, it's selling selling is selling. Are there some new shorts piling in most likely? Are there people who are panicking and selling, because they're, seeing that it's down? Also, probably true, uh selling is selling and it for us if you're still in amc, if you're still in gme in all reality, it doesn't matter much what the selling is like. Is it someone creating a position as in shorting or is it someone getting out of a position as in they were long and now they're getting out it does like selling? Is selling selling has the same impact as as other forms of selling uh? So right now, whatever it is and we could theorize what it is. I would honestly right now argue that this is a combo of the two.

You have some people piling on to it in terms of shorts, and then you have other people who are getting um. They're getting worried about their positions, so they're selling selling is selling folks, but what i've learned in this past six months on amc and gme is these moments of heightened emotions? Really don't last that long it it ends up making a base and bouncing off of it. So with it, i'm gon na sit here. Calm cool collected, i'm gon na realize that not long ago we were sub 30, we're currently trading at 44 and if anything, i love shopping on a discount.

Can't they be sitting on mountains of lone shares over time and short them all at psychological, weak points to scare many out of their positions. Yeah, that's possible uh. What do you think about the argo blockchain ipo um? I don't know much about it, but when there's new ipos icos uh, i don't hop in that early because usually the hype does not add up to what like actually plays out in reality, brought my profits from irnt back to amc, shout out sticky2k just so. Everyone knows: sticky2k is the guy that got me.

The blackduck shirt so shout out to him happy that you're doing well with irnt and amc gme just made a new intraday high looks like him wants to push this 200 level would love to see a similar amount of enthusiasm in amc, iwm, pushing spy, pushing um. Let's see if the enthusiasm in these other three things kind of finally pours back over to amc, does amc have a negative beta? I don't see any consistency. It depends on your time frame beta is based on whatever time frame you're. Looking at you could look at the beta of a day a month a week a year a decade.

It all depends. Overall, though, amc does have a positive, a positive beta, especially the longer your time frame with the s p 500. I'm not selling jack to the tees shadow nc ape mart ape since march, been through all the swings won't lie today is rough, what's a logical reason to explain how it takes us weeks to get a price point just to get knocked down in a matter of Days because panic and fear is probably a stronger emotional drive than greed is, and that's actually why, in the stock market they say stairs up elevator down. This is this psychology of what you're, seeing in amc, it's true for all markets, stairs up elevator down, and that is just because fear is a bigger driver than greed.

Greed is a slow burn. People are greedy up up up up up and then, when you sell off, it happens, sometimes very rapidly. Uh clutch is asking for b l, i b l, i berkeley lights. Trains on the nasdaq has a short interest in nine percent shares on loan of 4.35 million.

A utilization of 12 and there's actually been a net return today on both really small return, chairs and really small borrowed shares. Uh want to join discord, but hate month subscriptions. Can you give me your hype on why your discord is the place to be not your job, but you can do it best? Um, i'm not really here to hype the discord uh, the discord is just um. It's just a group of people that, like outside okay, so like, for example, right now, whether you're watching on youtube, twitch or rumble uh the chat's a bit hectic.

It's not that organized discord is a place for um more organization during the trading day, but other than that. It's other ideas. Like i mean i, i noticed that there was some sort of need for people they're like hey. I love amc and jimmy, but i want to learn other things.

I want to make money elsewhere and it's a peop. It's a group of people who talk about other stock plays other options plays other crypto plays they talk about politics. They talk about gaming, it's just a group of awesome apes um. The discord is not something i really like to like.

Just the discord is not like a main pillar of like my business or anything like that. That's why i don't really hard pitch it because, like i like that, it's small i like that. I actually get to meet the people and talk to the people and hang out with the people. But if you're signing up for the discord under the notion that it's some sort of like bicycle, sell signal of like oh okay, like this is what's going on, and i need to copy them.

It's not like that. It's a group of people who are doing dd together, who are talking about things and it's just a real community. It's a real family. It's a real community of people who have similar interests uh, but it's not some like trading guru class, where, like oh matt, said, buy this and sell this.

That is not it whatsoever. It's a group of people who are just trying to learn from each other and mostly related to the market, but i would say um in various aspects of life: they have good political discussions, they're talking about sporting events, they're talking about the newest games coming out. It's just really a an organized, i guess discord server for people who identify as apes and various and various things bbig trying to do its thing. I, like that, all right, let me throw up bbig bbig.

Look for this to push nine uh. Let me know when bbig is like kind of gearing up for that nine breakout, because i think it could be an interesting push all the way up to ten um, we'll check out iiwm, really quick, the market's looking strong and as soon as these push look at Amc, what did dip buy off of 44 we're already at 45 watch 45.50? This is, if you don't think that amc and jimmy amc and jimmy almost have like the least connection to like just a normal stock that it possibly could amc and jimmy has become a play. That is like 99, psychological and one percent, like actually what stocks normally do, based on fundamentals based on technicals and all that stuff, amc and jimi. This is psychological.

This morning this was a psychological play from yesterday's weakness to this morning's weakness. To get people to panic, it's honestly that simple! This was a psychology thing same thing with gme. We are, i mean, there's even those clips of ken griffin at citadel and citadel securities admitting that the market - and they have all these fancy algorithms and stuff to scare people they they fully get that they're in the game of psychology and they're, going to use human Psychology against us um, fortunately, like i said i i use that word very specifically, they're using human psychology against us. I don't think that they're up to par on ape psychology really that much so i i i don't want them to be successful.

I don't think they're gon na be successful, but when you see things, ask yourself: okay, is this something that a stock would realistically do or does it feel like a psychological chess move and to me the movements i see in amc and jimmy are much more of Like okay, this is a huge cultural narrative, that's playing out on the stock market as almost as, if this the chart is a scoreboard of sorts, and it has like really the most loose connection to like normal stock stuff than really anything out there. Uh shout out to flack bean, true demon sauce, echo, fizzy, clever, cleaver and discord. Avengers transparency shout out jesus space go i i can't not crack up at that name. I am really confused about how to take profits when not selling the whole position.

Can you give us a master class and the art of backing out of a position to preserve profits, so i think you're you're, referring to scaling out so like, let's say, for example like for the ease of math. Let's just say you own four shares of something. What you could do is that certain percentage gain levels or at certain levels of resistance. You scale out so like, like.

Let's say you own four shares, maybe there's one resistance, so you sell one there you get to break out next one um. I love scaling in and scaling out and it's actually even better the the more your account grows. The bigger your money, you're not going to want to go all in at once and all out at once. I love to scale in, and i love to scale out to scale in i target various levels of support to scale out.

I target various levels of resistance commonly sometimes i just look for percentage gains like one at ten percent. Twenty percent like something like that um. I i've employed that tactic before, like just in my normal, like swing trades or something along those lines, but overall scaling and scaling out positive. You don't have to buy all at once.

You don't have to sell all at once. All right people are mentioning g-r-e-e is that moving selling selling selling selling uh just cashed out 34 000 irnt calls was so tempting to let them ride, but learning so much from you took profit enrolling half into amc. That is amazing seriously shout out christopher right. There dumping what 17 thousand dollars into amc buying the dip, what a play, what a play seriously! Congratulations christopher super happy for you all right, ta on iwm and spy um right here, i'm looking at the support looking for to get basically back above 447.

To start this trip back up to 454 on the spy iwm might be a fake out breakdown if it can recapture 221 222 today um, but both of these being sold off the more it gets sold off the more. I think okay, we're getting to a bottom and more of that u-turn that it could be ripping in the middle of the street, thoughts on uuuu and uec, not financial advice. Um i mean this is just like ccj and dnn. We see uranium moving for sure.

All of these - but i just question: if like are we like kind of just chasing too much right now, um remember all these plays you want to get into it a bit earlier people asking about cei i'll, throw that on the list. I still think that this downward trend is just a huge handle forming looking three month cup and my prediction will big bounce into next week. Uh jorge the ape, i mean, i very much hope you're right with that very possible. I mean we see that amc, love to do cups and handles, and more importantly than that, it loves to do a cup and handle where it breaks above resistance, hangs out, gets smacked, makes a new higher low and then officially gets through it afterwards.

All right, i think we have all these uh people are asking about fuel cell john fuel cell had a great day yesterday, fcel hey, mark, happy birthday, threw some money into uec at 250 swinging it back into amc in a month or so. Thoughts on chart uec to write that one down another. I believe, that's another uranium play a lot of those charts. All start with the? U is: are there dates uh coming up that might have the hedges trying extra hard to get amc, this apes to sell amc uh the major thing coming up is quadruple witching, which is this friday and that's just a higher volatility time, and they probably don't want There to be momentum and then the volatility to amplify that momentum to the upside, so this friday quadruple witching and what that is.

If you don't know about it. Basically, four types of contracts, two option contracts. Two future contracts are expiring, this friday, which means that these big players that are in those contracts need to roll their money to the next contract. So when there's a big flow of money, you have more volatility.

Uh, it's not associated with being bullish. It's not associated with being bearish, it's just associated with high volatility. Once again, that is this friday um. We just see that flow and i think they're trying to make sure that the they know uh increase in volatility - is coming.

So i'm assuming that they really just don't want the momentum to be in the favor of the apes because, like i said when it's amplified, that could be very, very detrimental to them. If i buy a stock at five dollars, buy again at 10 and then buy again at 15. Let's say the stock goes up to 20 and i sell a portion. How would i calculate what percentage is tax pot stock at different prices? So the way it's going to be shown to you is just your average price, which would be 10, but it would be different in terms of your taxes, at least to my understanding.

Please consult a tax professional. It's going to look at if you own any of them for longer than a year, then you would be taxed differently, at least in certain states, within the u.s, but once again, with that you're going to have to contact a tax professional. But in terms of your p l, especially in the short term of what you're, seeing it's just gon na average it so in your example, your average would be at ten dollars. So it's gon na say: oh okay, you sold like it's gon na, be your average cost entry and then your average cost exit.

If all of them are under a year, it does change. If you own some for more than a year, all right spy, looking hungry at 445 would love to see this break out. Um amc bouncing off of 43 43.77. All right.

We're marking out some levels marking out some levels: okay, okay, uh gme trading at 197.64, amc trading at 44.67, like i said, bouncing off of 43.77, so actually up a dollar from a bounce. Ater recaptured 11 shout out to soapy gorilla, whoa ater, doing its flexsim thing. Ater look for it to battle it out in the mid 12s. I think that's actually a very realistic target as long as it gets above the mid-11s we saw it dancing around there yesterday so 1150.

Then 1250 on ater uh.