Foreign, hello, hello, hello, folks, it is officially autumn hello, hello, it is thursday september 23rd and folks, it's always a be a beautiful day to be named. I don't know if it's your morning afternoon evening night. I don't know what time it is wherever you're watching, but i hope you're having an absolutely good one and i honestly think it might be a pretty fun day in the market. We're seeing some money pouring back in the buying faucet has been turned back on, as some of these external pressures are starting to.

Finally, lighten in i don't know i i think people are starting to look past some of these issues and there's just a little bit of a little bit of uncertainty. There. People were a little bit on edge, but it seems, like things are calming down and it seems like we're slowly but surely getting back to where we should be - and you know kind of like these green tendy days that we've all become so accustomed to. Folks.

Very very excited, so, let's just hop right into it, um before we do the technicals and the breakdown. I really do enjoy this. The five things that you need to know about today: um, let's just quickly, burn through this list, dow said to jump after snapping four day losing streak. We all know that trying to prepare as possible evergrand demise - oh, this is important.

Chinese authorities have told local officials to prepare for a potential collapse of heavily indebted evergrand. Local officials described the signals from chinese authorities as getting ready for possible storm said the government told them to step in only at the last minute minute. Excuse me to prevent spillover effects from evergren's demise. According to the general, the larger developer made a payment on a local bond wednesday.

However, it's unclear if the company will pay interest due thursday on its offshore bonds. So that's what's going down today, they have about 80. I want to say 84 million do in interest payments today and then, if you fast forward six more days, they have an additional 40 million do so they paid off some of their like, i guess what they had to pay um to like local bondholders yesterday, in Terms of interest payments: they have another payment today, another payment in six days, so one of three taken care of um and during the stream today. If anyone sees any info on if they did or didn't pay the one for today for the international bonds.

Let me know, but i think, as this is not a good situation, but i i really don't like what the media is doing in sense of trying to compare and be like this is liam and brothers. This is long-term capital like they love to this, isn't good and i'm not trying to sugarcoat and be like. Oh hang on this like it is bad people are going to get burned on the deal. People are going to get screwed over.

That is what's happening right now, but i do think it's a little bit extreme to say. Oh, like this is what's going to cause like the world to go belly up again like it it's just when i was reading into it. What you need to know when you see all these comparisons to like someone like lehman brothers, you have to understand that the world that they're in, like one of them, you're talking about a bunch of real estate, that's going to get defaulted on the other one lehman Brothers, you're talking about a bunch of financial assets that a ton of people had like their finger in the pie that, like basically took a nose dive straight to zero. So it's just i, i don't think it's an apt comparison to talk about those two um.

You can learn a little bit from both and there is some overlap, but to say this is lehman brothers, i'm not really buying it. Weekly initial jobless claims are declining so right here, uh coming in so here's. This is actually i have an update. They were predicting 320 000..

It came in at 351, so there were more weekly initial jobless claims than expected uh the market. I think on that news, not too much of a reaction, a little bit of a bearish reaction uh. Once again, it came in at 351 000 and we were looking for 320 000 in terms of uh unemployment. Like jobless, claim filings, uh fed, decreased its forecasts for economic growth, increased its outlook for inflation.

We talked about this a lot yesterday, uh the fomc meeting minutes man when i was trying to film my update yesterday that update video to say fomc meeting minutes like time over time. Like i kept fumbling those words fomc, it's just too many letters too many words. I don't know we're obviously not firing at all syllables here today, but fomc meeting minutes. We talked all about it.

They might start the tapering, as in the stopping of purchasing all of these assets, really bonds, treasury bonds, corporate bonds in november this year, they're like it might start that soon, but they would gradually stop the tapering all the way until mid next year and the bar For them where they want the economy to go for them to actually get interest rates off of absolute zero uh, the bar they said, is much higher, so it might happen next year, but if it did, it would be at the end of 2022. So i strongly believe that interest rates will remain between zero and a quarter of a percent for an entire year at a minimum, so interest rates different scenario than the tapering they're gon na taper uh way way sooner than they would uh raise interest rates. So that's. What's going on there, and that was one of the uncertainties that people didn't know about the marketplace like okay: are they gon na go delvish hawkish? Just so you know, you're gon na hear these terms.

Dovish and hawkish dovish means think low interest rates and they're attempting to bring unemployment down, but that does prompt more of a scenario for inflation. While hawkish is more you're battling inflation and generally you're going to see higher interest rates, but that could have an adverse effect on unemployment. So dovish hawkish it's a giant balancing act, but i just want to clarify those terms, because if you're talking about the federal reserve, there's a good chance that you're hearing that terminology, dovish hawkish and just think interest rates, unemployment um and what an inflation and which one They're trying to battle at the moment, uh cdc to vote on pfizer, covid boosters for older vulnerable americans. I think they already voted on this and i think it was approved by the fda for people who are over 65 that booster shot.

Please someone in chat correct me if i'm wrong, but i think i got an alert on my twitter last night that this went through uh just so everyone knows what is up all right, so we did that uh. I just wanted to quickly talk about blackberry, just because i got a couple questions on it. The company reported better than expected quarterly earnings with an adjusted gross margin of 65 blackberry reported a loss of six cents per share compared to the expected loss of seven cents per share. So uh not as wide, which is good revenue, came in at 175 million.

Topping estimates of 164 million shares rose more than seven percent pre-market. So if you happen to be in blackberry, i don't like blackberry as a short squeeze candidate, but there is an argument that it's more like just a legitimate fundamental play. So i like it, but maybe just not - for the exact same reason that other people are liking it, but it did beat on earnings once again. That's blackberry, ticker, symbol, b b, all right.

Let's take a quick look at some of the overall market things s p. 500 still fully looking for this gap fill up to 441. If you're trying to play that, i think one of the smartest ways to play it is not necessarily spy calls like, and i'm just talking about the options market to benefit off the spy gap filling. I think it's more reasonable to play.

Volatility puts such as vix vxx uv xy, one of those guys in terms of the nasdaq 100. Still. This is the indice that tracks more of uh the tech, heavy microsoft apple um, all those guys, i'm looking for a gap fill up to almost 373 in terms of the russell 2000 it already gap-filled yesterday, but still showing strength, um, i'm actually looking at 224 and A half i'm looking for the russell 2000 to bounce back up here, so overall s, p, 500, nasdaq, 100, russell 2000 and the dow right now. I do think judging on pre-market.

Judging on some of these macro economic impacts and actually just what i'm seeing. In the background, a couple of the statistics uh, i think the edge does go to the bulls, not an incredible edge. I can't be like oh, this is clearly going to be an amazing bullish day, but looking how we're opening uh, i want to see this hold. I mean all of these are gapping up relative to yesterday's close.

I just want to see if it can hold out of the gate, but i am at least that opening giving the favor to the bulls. I think they have the edge right now. Let's talk about amc, gme and ater, so amc they've already borrowed three quarters of a million against it short interest. 20.47 percent.

This is a hair below the max value ever for amc uh. So any of this rhetoric of the the shorts are leaving the shorts are drying up. They can they can cover like easily within like a minute. It's all false.

It's all baloney, it's all belogna, whatever you want to call it, there's a lot of short spending against amc, so many that they cannot easily get out if they want to uh. The short interest, like i said, 20.47 shares on loan right now, probably 115 million utilization. Just below 90 in terms of gme they've, already borrowed a third of a million, that's kind of crazy um, the short interest taking a sizable jump. We have not been in the 15 territory on gme for a while things are cooking.

In the background with gme mark. My words: if it keeps trending like this and if they can't beat it below 175 gme is not done. It is not done. I don't care what anyone says check out the trends.

Look at the data hashtag know your data. Something is quietly but definitely brewing in the background of gme right now, utilization 38.5 shares on loan right now at 8 million man. We have not seen that number on gme in a while whoa whoa there old brother, oh brother, old brother, oh brother, oh excuse me. I meant to have ater up just because so many people were asking me about it yesterday.

In fact, so many people asked me about it. I made a standalone video that gives you just like what is the company the short interest? I i made a video that explains everything you need to know about ater. It's on that coors light channel, just like i've been having more issues with youtube, but anyway, ater short interest. 55 utilization 99.5 shares on loan 14.64 million.

It is on the ftd list. Uh. It's a lower float stock like it's a it's, a low float stock, but it's kind of on the bigger end of a lower float stock, but still lower float um the options chain, not the most extraordinarily built out, but it's definitely built out. It has about a free float, i think around in the realm of 25 million somewhere give or take a couple million ater strong candidate, strong, strong candidate for movement today uh.

So yesterday we had this crazy push. Obviously the volume volatility with this one uh - and i made this very clear yesterday and also in the update video. I have no ater position. It's just more of a capital thing like i freed up capital to buy the amc, gme dip.

I do like ater with it, i feel, like i miss this ship and i miss the party and that's gon na happen, but um in a certain way. I think it's advantageous because then i feel like i could give you unbiased uh opinions throughout the day and on the data and in a certain sense. I like it because, like i'm not going to be rooting for one direction or the other, i could just give you an unbiased opinion of, like i see this this and this so in in a certain way, i think uh on this side of the camera. It might be a little bit more beneficial.

The fact that i don't have money involved in atr uh, just to give you more of that, like just almost blunt opinion of what's going on at any moment in the day. Obviously the pre-market not looking the best. It sounds 7.6, but we also know that this thing can move incredibly quickly and actually i was looking at this a little bit. Pre-Market atr super low volume right now.

This sell-off is a very low volume sell-off, as in there's not much conviction behind it. So with this one honestly, i would not worry at all about what's going on in the pre-market, i would just wait and see how it opens uh. What do you think about sundial? It's short interest is high percent news, and amazon would be a good large buy. I don't think so uh if i were to buy anything in the marinara sector.

I like tilray or i would just track the entire sector with the mj etf uh sndl, as a fundamental business till ray tlry is a stronger business. Vortex issued a type one two and three signal now on atr within 24 hours. It's now hit all three signals twice within 14 days. Needless to say, i bought the heck out of the dip so risky everybody do you, but the potential is insane.

In my opinion, not financial advice, so just so you know wall, street, viking or anyone using ortex type, 1 type, 2 type. 3. That's how they categorize things in the back end. It's not like type 1 is better than type 2 is better than type 3 type of deal, they're just different types, one isn't better one isn't worse, it's just a categorization thing that they're doing um.

But yes, i even talked about that in the etirian update. Video was how ortex was firing off all these signals, so whatever they've seen historically based on the data they're, seeing it again, that is saying that there's some sort of edge in the opportunity of this stuff just going haywire uh, it's not guaranteed. Just because vortex has a signal doesn't mean it's guaranteed, but it's saying that there's a statistical edge in favor of the bulls uh ilus, mr speedias. I i'm not the biggest fan of really giving any otc stocks any time, because i just know how dangerous they are, and i think sometimes, that there's newer people to the community who don't realize that there's different markets out there.

And if i, if i sit here and talk about otc markets in a certain sense, it gives it a little bit of credibility and i don't want to give otc market training any credibility, because i'm very much against trading on the gray market. I think it's crazy. Dangerous, i think, if you think that the normal market isn't regulated to the degree that it should be, i mean you're. You'll lose your mind.

If you look into what happens on the otc market, i look forward to seeing your standalone video atr wishing everyone great health and prosperity shout out mary yeah, it's actually already out here. I could show you it um so for those who maybe just missed the spiel yesterday running into a couple issues with youtube and the amount that i upload per day and people getting notified, not getting notified, getting subscribed unsubscribed. So what i'm trying and it's just like a test trial - i've had this channel for a little bit the coors light backup channel um. So i did the normal update right here, game of shorts and then also i did one on the ater squeeze potential.

So um just so you know it's the coors light channel. This is not a paid channel or anything like that. It's like this channel, it's completely free um. If you want to check it out, you could subscribe turn on your notifications, but there's like this.

Isn't a money thing or anything like that? It's free! It's just additional free content. The difference is where it lives um, because i've just been in this crazy battle with youtube of like what does get promoted, what doesn't get promoted. So i'm attempting to make it where the videos are getting served to the proper audience that they should get served to. But yes, the ater video is there, and so is the amc.

Gme update um, so coors light it's in the description of the video or you could just search uh coors light. It's just this duck, emoji guy just so everyone knows um. So i talking about crypto a little bit before the market gets open, um crypto's bouncing um. Yesterday morning i was like i think this is the dip buy opportunity, bitcoin uh, ethereum cardano, thus far, it was correct on avon, even hex.

I didn't do it on doge, but doge is also itself moving uh. I honestly think it has to do with the crypto bounce in general, but i also think it has to do with adam aaron and engaging with elon musk, and just people are kind of they're searching doge they're interested in doge uh. So it makes a lot of sense to me, but i'm very very excited about the current opportunity in crypto um right here. My my crypto methodology is very very simple.

Whenever i see major dips i buy and then i'm prepared to hold for many years crypto to me when i read all these stories of how people become crypto millionaires and just stupid, rich off of crypto, it's the people who get in early and then they just Hold hold hold, hold um, so for me well, based on the linear nature of time, if you believe all that jargon, uh we're not gon na be able to mess with time. This is today is the earliest you're gon na be able to get into crypto. You can't go back in time, so that's not a function, so the one thing we can control is just getting in at important levels of support and just waiting waiting waiting waiting um. So that's what i'm doing i buy at levels of support and i plan on waiting for years all the ones you see on the screen, i'm in it i'm in bitcoin i'm in ethereum, i'm i'm in cardano, i'm in hex, i'm in dogecoin i'm in algorand uh.

I don't like light coin, i'm in litecoin, but that one's not my favorite investment, i'm in v chain and the one i bought yesterday. First time i was able to get a sizeable position in. It is solana very, very happy with that buy. I was waiting for a moment of weakness and i got in, i think, i'm in somewhere in like the 130s right now, but right there uh not actively training it not actively trading any of these.

Just i'm just gon na wait. I'm just gon na sit there. I'm gon na wait. I'm gon na stake them.

I'm gon na do whatever i can to get some money in the more of that short to medium term. Uh staking interest payments, because i have no plans on touching any of them. It's honestly that simple all right! We have about 10 minutes to till the market open. What are we doing over here? Let me see all right.

What kind of questions do we have? I have my my diary over here. So if there's any uh requests of what we should look into and all that stuff uh shout out to the coors light channel, can't wait to crack open a tasty clip tonight. Ps the content rules thanks matt shout out seth, that's so, oh 801! I love it. Super chat of 801 - that is absolutely awesome.

Do you guys think that uh? What was the name power drunk or something? Last night like ruko 2.0? I hope he comes back today. I see a couple people asking about the cost. To borrow for amc, it's around 1.5 percent uh, so it's not as high as something like a tyrion which is 155, but it's still an increase of a normal stock. A lot of cost to borrows for major stocks is going to be sub 1, so it is trading higher, but not as high as some of these uh, like other oddball ones.

Oh one thing i want to make very very clear: ater is not the same trade as amc and jimmy. Nothing is the same trade as amc and jimmy ater is an ftd short squeeze play, don't get greedy with it. It's not going to be around many months later, the way we see amc and jimmy, maybe it will be, but that's not my prediction, my prediction on aters you're going to have some crazy movement. People are going to make money and then they're just going to move on to the next one.

Amc and jimmy have a community that is here for the symbolic fight of market transparency and fairness, and i don't think that exact same psychology is following atr and that's completely. Okay, i just don't want anyone to conflate the fact that they're the same trades, because they're not the same trades, amc and gme is a bet on the current social movement going on. It's like a digital occupy wall. Street ater is just a potential.

Ftd short squeeze play um and it's okay, hey. We can walk into bubble gum. At the same time, there are different types of trades. I mean we're talking about the overall market, we're talking about crypto.

We could talk about different stocks, but i just don't want anyone to conflate. The fact like not every trade in the market is some diamond hand thing that you rely on a community to keep the entire trade alive, uh that that's a dangerous thing to conflate. In your mind, so i just want to be very, very clear about that um and, in a certain sense for a trader my the way i would handle it and like how i would interpret that or maybe use that to make a better trade is the fact That, like hey, i really need that plan like. Where would i be happy with profits because uh, you could get a squeeze and you could get a lot of money, but it's not necessarily something that i would be like.

Okay, i'm prepared to hold this to zero. If need be, that's not how i would look at ate or any of these other ftd short squeeze plays all right. We already have some messages deleted. Some spamming, uh acr selling 66 million worth of stock to pay down debt.

I expect it to rip when that news comes out, it's complete yeah. I mean we saw that historically in amc and jimmy that when they announced that the mark, like the offering is done, the stock tends to shoot up. I'm back moon gang. I miss y'all.

It's fishing michael awesome. The following has grown so much shout out. I hope. While you were away on your, i assume just fishing trip.

I hope everything went well shout out. Proscape pro scape pro scape designs is probably how i enunciate your name. You'll always be fishing. Michael, could you check out sdc on ortex and what do you think about it? Um sdc.

I see that a lot of people are talking about. I just don't fully understand the trade uh. I don't think it's a good okay. If we were to compare stc to ater right now in terms of of an ftd short squeeze play, ater is way way better um sdc it just it has some of the numbers it needs.

I i don't know if it's on the short or the threshold list, so that's kind of a knock against it. I know it's a higher float, so it's not going to be as volatile yeah. The shares on loan is 55 million utilization high 97.6. The short interest is 58, so it has it there, but it's kind in certain metrics it's equivalent to ater, but in the ones that it's not ater is better, like.

I don't see a specific thing behind sdc at all. That makes it a better play than ater um. I still think this ends up gap filling back down to 605 and maybe it bases there and if you're in i want it to rip. But at a certain point, like i'm, not just gon na sit here and be like oh yeah, every play is an amazing play and you got ta get into it because it's all no like i sdc compared to some of these other squeeze plays, does look a Little bit weaker, i had the same commentary on tmc.

Do you know how many times i said i don't like tmc, i don't see it. I mean folks, it's selling off i'm getting very, very tired of these people just trying to pump any single stock. It sounds super super sketchy to me over the past week and week, and a half i've been doing bet my best at sharing my own opinion that i saw a lot of weakness in tmc and i i just hope, if you're listening right now that you're, not A bag holder, but right now i have no atr position. I have no sdc sdc position.

I have no tmc position really in the public account. My main positions are just amc and gme, and then i've been messing around with some future stuff for the overall market, but um, sd or tmc. I find this one to be particularly frustrating uh because it seems like it came out of nowhere. I saw a lot of people talking about it being bullish on it and they shouldn't have at all the the numbers were never there on tmc the the group following was never there in tmc the chart was never there that, like tmc okay, so we have the Like, let's just say, we have some sort of star system of writing these atgr right now, it's like a four or five star.

It's pretty close to having every check mark you need for ftd short squeeze play. Sdc is on the lower end, like i would say it's sub that halfway point like below two and a half stars uh same thing and it could change. I just want to see that gap fill first and then maybe it's going to get a bit stronger. But if i were to put tmc somewhere on the spectrum, it was like borderline.

Nothing like it had a little bit of potential just because people were talking about it, but that was about it um if you're in it. I hope it bounces back for you, like. I i'm not saying this like i, i don't like when anyone listening is like losing money like that doesn't make me feel good um, but i i put blame on some of these people out there who are like yeah. This.

Is it and they're trying to compare it to like all these other crazy plays, and it just simply wasn't it didn't have like any of the metrics that these other types of plays that were noticing the pattern really need um. So i find it frustrating because i found that people were using their clout and their size to talk about tmc when they shouldn't have been, and it ended up going south pretty quickly if you're in it uh. I hope it pulls a u-turn for you very very quickly. I really do all right, let's get to the one minute on all of these.

Are you still getting married this friday? I am i'm not getting married this friday, but i am i'm i'm hanging out with some of my really really close friends that i haven't seen in a couple years. Uh one of my best friends from college is getting married. So a lot of the guys in the like at the wedding um, it's kind of like just this meetup um, it's kind of just like i guess maybe the best way to say it is like a super-sized bachelor party, but not really uh. I'm recently be being told that it involves white water, rafting, so that'll be fun because i don't know anything about white water rafting.

All this put volume recently have you ever heard term rope-a-dope to the moon, rope-a-dope muhammad ali, i'm, i believe, he's the fighter who kind of popularized that fighting style i heard he's marrying riley reed punch trunk is a common saying. It refers to being punched in the head till you seem drunk also finna hit. A lick is common. I got arrested for it.

Oh my god is that true, i hope not. I hope everything's going well for you. Guy uh had a baby boy. 9.3.

Bst this morning welcome baby ape shout out chris, how i don't know, i'm going to butcher loi, loic loic nicholas woodward, with a fancy eye chris, whatever it is. This is a sick name. Uh! Congratulations to you! I hope your your wife is happy healthy. I hope the baby is happy healthy, hey.

We always need more space apes in this world, but uh enjoy the day man i i can only. I can only imagine how special of a day this could be for you uh. I hope everyone is happy. Healthy already smiling and congratulations man seriously.

That's so so exciting i didn't transfer, but i did purchase amc shares via computer share. I am scheduled to purchase shares monthly based on monthly deposit. I'm using computer share as long term decades play good plan uh. If it's a longer term, i think that's very, very reasonable and i'm not against computer share.

I just want people to know that your computer shares not meant for, like active trading uh, getting out at very specific points. It's a little bit slower and it's meant for long-term trading. So if that's your goal have at it i mean he hasn't proposed. Yet i wouldn't say no shout out riley reed, hey math, who would be your anger translator? Who would be my anger? Translator? Probably i don't know, maybe like macho man or something or uh hulk hogan.

I need an anger translator. I really really do in discord. Yesterday, someone uh mentioned zoom and the gap fill thoughts zoom. I think it just trades under z, nope, that's zero zm.

What is the gap fill on zoom um, so it is at it's at support, which is previous resistance and previous support. Right now, the the price level is at it. It is a good risk reward setup as in if it falls a little bit more, you could just cut it for a baby loss or, if you're right, and it swings back up that gap fell up to 340. um.

So i do like it from a technical perspective. I like it, but also what we found out in the discord yesterday is that zoom in terms of video conferencing um, just referring to some of the people in the discord uh, i was informed that they have a lot more security issues and security breaches than other Video conferencing, so that might be something to consider you have to ask yourself: are you in zoom for a long-term investment, or are you in it for like a quick swing, trade looking for a gap fill all of them are viable? It's just. You have to know what your own plan is happy, diable, diablo, 2 day greatest game of all time. Finna hit a lick, means you're, going to rob someone and come up with ease.

Be your own anger. Translator shout out luke all right. We are about to get rocking. Today we have about 20 seconds to market open.

Let's get going folks, let's get going, oakland water magic becoming a space ape ding, ding ding. The casino is open. Let's get going folks another fun day on the interwebs, watching all these numbers on the screen, acting as if we're not going crazy, let's get after it amc just so you know for all the people who are exclusively listening uh. We are at 41, amc coming down the gate at 41, jamie coming out of the gate at 192 uh.

So, let's see how this all starts to really pan out um thanks, amazing. You are getting married and your b day this weekend shout out, rob what's going on man, what is going on all right, sweet, sweet, sweet bagged him and tagged him locked in just a nice 250 on some of my spy uh. So remember i like to scale out, so i have that position on the dip and as the spy is coming back around in the future like this is relating to my futures account i lock some in and i'm letting the rest pretty much ride to see. If we get that gap fill up to 441.

um, hey i like it, i like it. I like it. I like it. I like it.

I like it, i like it. Where are we at? How are we going today, mr market? All right, amc. 4150 was a level i've been paying attention to, and that's where we're at right now, just so, everyone knows we're getting this swing back around. So if you were to look at these fractals right here, you're seeing these relative highs with the green triangle on top and then you could see the relative lows, and these relative lows arguably, are sometimes good places to get in look at from here.

It balances from here it bounces here it bounces, it's just a bunch of relative lows and you can see the trend in these highs and the lows. So recently we have a newer, lower relative low. So that suggests something about the trend. But now we might be breaking out of it and i would love to see i i know there's things we need to take out in the meantime, but i'm very, very much interested in this 4150 level today and after that, we're looking at this gap fill up To 44 20 in the short term in terms of short-term targets and all that good jazz, all right people are talking about atr how's that doing uh it's down right now, but it's already fighting back.

We know that this thing is very whippy, very, very whippy, hey martin, have you seen jimmy's rants, uh, yeah, uh, jim cramer, is losing his mind. Folks, uh he's he's uh. Did i spill coffee on myself again, not as much this time? Why do i do this? Sometimes sometimes i think, i'm the problem. You know i look in the mirror and i'm like you have no one to blame, but yourself matthew, that's how i feel about it and i just coffee, frustrating, frustrating frustrating frustrating but hey.

It is what it is. It is what it is um i've had to do so much laundry like way earlier than i wanted to just because i have coffee stains all over my clothes is this: what happens like? Is this what happened to kramer and how he got to where he is like just decades and decades of spilling coffee on himself and like now, we're just seeing his mental demise could be could be, could be, could be amc at 41, we're watching that 4150 level. Ater it's sold off and now i'm trying to fight back, i would watch 1430. uh.

That also just seems to be a level. It was somewhat like messing around with yesterday: gme flexing right now: gme low volume but flexing nonetheless, it's at 195.30 uh. There is a little bit of a hiccup most likely coming at 198.50, but really i care about that magnet at the 200 level. How is crypto opening crypto's green hex is pushing man.

I am loving, hex etherium, pushing big like i'm, just loving crypto that simple. It's that simple i just like crypto, i just like this currency. Is it chasing to get into atur right now, thanks for the not financial advice, uh? Actually, no, i would argue that you're buying on a dip and there it depends the time frame that you do or don't want to be involved. But if you're, okay, with risking 13, like if you're, okay with a dollar fifty risk, i mean have at it.

But that's what i would risk is. I would risk the days low, uh and see how it behaves from there. It's all when you talk about chasing it depends on your time frame and really what that means is. It depends on how far away are you from your risk if you're very far away from your risk, i would then argue that you're chasing you don't want to be super far away from your risk, but super far, it's all it's all in the eyes of the Beholder like if you're to some people out there, risking a dollar per share, is a lot to other people.

It's absolutely nothing! So it's just it's dependent on your account where your account's, at what your account is or isn't doing all right spy. What are you doing here? What are we doing? We're seeing some strength, we're seeing some flexing amc fighting back. It looks like thus far we've double tap 41.50 above 41.50, especially if we get some nice volume, above that oh man, i'm i'm still looking at, that gap fell 44. 20 in the short term.

That's what i am personally watching targeting looking for to play out in well. I guess at this point, what is it it's already thursday, so maybe maybe early next week? Maybe you never know you never know with these types of things all right. What is the spy doing? Is this going to push? Is this going to push all right all right, all right, i like the opening thus far. What do we need? What do we need to hit today for you to do with chewy, i'm afraid to answer that, because i don't know what is all right, amc uh we're watching this right now it is above 41.50.

It's all. Can it hold it above 41.50. Now amc is my savings account. Banks are my checking.

I tell my friends: i don't give financial advice, shout out luke b sklz, what's going on mary uh, what's going on with sklz sklz skills so strong day yesterday and it looks like it's getting a nice continuation today uh, i would be watching 12 see how it Reacts to that and then i would be watching 13.. So that's actually pretty easy to remember sklz. Finally, bending back around it did make a higher relative low compared to mid-august, and now i just want to see really what's going to be happening with it um. I i think it's going at 12 and i just want to see the reaction to 12.

uh amc push in right now, making that run hopefully to 42., it's currently at 41.60, but we're seeing some buyers we're also seeing buyers in the overall market, how's iwm. Looking iwm also pushing so we're seeing just green we're seeing money flow into the market uh. Obviously that is a good sign, a good good sign, a good good sign, all right, spy flex and flex and flexin. I, like it, hey matt and all apes buckle up.

The rocket is ready, shout out camille good morning matt. Can you take a look at mmat, of course, mmat mmat, currently training at 5, 40. showing strength right there. Look at this okay! This is nice, so it shoots up.

We have from september 3rd until about the 21st, a slight bear trend, we're hitting the exact same low, but we're getting lower highs, as in the sellers are getting more aggressive, but look at this between today and yesterday we're breaking out this break of 520. That's that's a good deal and now you're almost watching. Can it rip above 560? If it does, i think mmat can keep pushing just so everyone knows. I have no mmat position, but i love that it's breaking out of this wedge in a very bullish manner.

Uh, that is awesome so congrats, if you're in it it's looking promising right now and if you're not yet in it and if you're like okay. Well, what would the risk reward setup be? Personally, i would be risking 475.. So if you're, okay with risking 65 cents, hey, that's your risk point um but like and with it, and i think it's important the way this community is developing. I need everyone right when they're looking at trades, don't ask yourself be like if you saw the mma t chart which is looking bullish.

Your first thing shouldn't be like whoa. It could go to 640. I can make a dollar, or maybe it's going to rip in even more. Your first question be like how much do i have to risk to be in this play, always ask yourself if it goes south how bad can it actually get? That should be your first question.

Your second question should be like okay, well like what's the the reward of the potential situation um or the potential reward of the current situation, i should say um, so i would argue that that's like a better way to like think about all this stuff matt. If we finish above 45 i'll buy you a box of frozen peas, so you can enjoy their true potential shout out. Peter smith, don't be so kind on my account. Oh man amc having a great day currently up four percent jimmy having a great day up.

Two percent s p 500, having a good day almost up already one percent impressive stuff, impressive stuff spy, push and push and pushing all right. What what's the flow we're already seeing this morning, amc bullish, 56 versus 44. uh, that's on amc in terms of gme. We are looking at 62 versus 38, pretty bullish, uh ater a little bullish 52 to 48.

uh. Let's check out the overall market. What are we seeing there? Uh 53-47, so bulls are dominating, at least in the ones that we checked already out today. Uh, the bulls are dominating the market in terms of the options flow, all right, all right, we are good.

We are good all set up. I like this push in the spy uh had a very nice push. Oh did it gap fill. Is that did it ding ding ding? Did it hit my gap fill yes, it did uh.

The gap fill was at 441 and two cents and we're now 36 cents above that, so we can get rid of this. The spy gap filled. I liked it. I love these gap fill plays.

I find them to be very easy to notice very easy to trace and and pretty easy to profit on um the qs, so the russell 2000 gap filled yesterday. The spy gap filled today. So the last major one, i would argue, is the nasdaq 100 qqq gap, filling up to 372 and 76 cents still looking for that, so about a dollar more to go, and i still do believe that it will gapfill - maybe not today, maybe not tomorrow, but i Think sooner, rather than later, we will see that gap fell all right, amc getting smacked at 41.85 for right now kind of a strange level, but let's see how this all plays out. These are just some intraday levels: support at 4120 resistance at 41.85 gme getting smacked at 195.75 interesting.

I thought it was going to go at least up to 198, but let's see how this all really does end up panning out, mr matt, do you think lac is good for a long term hold? So i don't know in immense about, like lithium mining and the business related to lithium mining. But i do know, there's a huge lithium shortage and it seems like lac, is one of the people or one of the companies that is positioned to uh profit off of it all right. Why is mrm ripping mrm healthcare technologies? It's up. 132.

I would assume that there's this, the news announces acquisitions of zac, zacc they're, acquiring someone, and i guess the market really likes, who they're acquiring uh? Can you comment on how the shorts will be able to cover the preferred dividend shares from trch to mma team merger? Not finance uh, maybe i'm misunderstanding the question: can you comment on how the shorts will be able to cover the preferred dividend shares from trch so when you're short against the stock and there's a dividend payment, the short actually has to pay that dividend. Payment um. So is that what you're referring to of just like how they'll be able to well, they just have to have uh. They have the legal responsibility that, if you're short and there's a dividend payment that they would have to pay that um.

I i think, that's what it is um if, if i'm misinterpreting your question, brian feel free just to tag a mod in chat and they can get it to me, what do you call a fish with no eyes of shh? Oh man, 714. ups. 250. Calls at 470 for 121.21, more upside and ride the trend or fold the winning hand, thoughts, not financial advice, upst.

This stock has just been rip and rip and ripping rip and rip and rip in i mean every earnings announcement. This thing just keeps going so in trading and you're, going to hear this a lot from different books and trading gurus, but it is very true: you cut your losers as quickly as possible and you let your winners ride right now, the trend's not stopping so ride. The trend, the trend is your friend um with this just keep riding it and if it starts to show some weakness well then that's when you would lock it in, but for right now i see no reason to get out. The market in general is turning back around and this stock, specifically it seems like all it does, is just go up up and up so i would continue to ride that trend.

If i were you uh, i have no upst position, so i'm trying to be unbiased but like it truly is a beautiful looking chart like this thing has just never not gone like it. Just just keeps ripping and ripping and ricking it. It's crazy. It's absolutely crazy.

Congrats, that's an awesome trade uh. I hope you're not well. You are annihilating it. I hope your attendees are juicy uh, how's ater doing atr getting crushed right now, uh, but let's see if it bases.

We know that this thing can move three dollars like it's. Absolutely. Nothing uh just wait for like look for, like maybe the macd to start crossing back over jimmy fighting its way back up to probably 196 amc, definitely finding its way up to its intraday high. I think it'll be touching 4185 pretty soon.

What's going on with my my futures didn't cover yet? Oh i just didn't get my fill. I was off by just a little bit just a little bit all right. I just need the spy to push a little bit more and then my futures will be completely locked in those attendees, very, very quick trade, just playing that the gap fill um. My one runner just didn't lock itself in um a lot most of the positions already locked in because, like i said i was just looking for that gap-filled play and honestly oops sorry, i did not mean to do that honestly.

I think if the final opportunity might be in the nasdaq gap fill so i actually almost want this to lock in very quickly just so, i can continue to play the cues, the cues, the cues, the queues. Oh, it's getting super close there's only like 50 cents left uh. It might not even be worth it at this point. Ah shucks, ah shucks aw shucks, all shooks, hey, sometimes that's just how life goes.

Sometimes you just don't have the capital to be in every play. You want to be in ater gap. Fill complete, shout out wall street viking. I don't even want to look at cues, i mean if you, if you're playing the gap, fill in the queues.

I i think that's a good trade uh congrats uh, i missed it. I missed it. I missed it. Atr announced a shared illusion how convenient yeah so there's a good chance.

I guess i haven't really spoken about this uh atr down today share dilution, they're increasing the float they're, just adding more supply and they're raising money, because that's what a company does when your stock goes crazy. It's smart as a business person to capitalize on that. By doing a shared illusion, um, because trust me as as someone who's owning and operating a company like the ceo of atr, they care much more about the company and the longevity of the company. That's what they're tasked to do! That's their literal job.

So if they see a unique opportunity where they can raise money and improve the fundamentals of the company with the extra cash injection they're going to do so, we've seen this before in amc and gme. The announcement of the shared dilution drives the stock down. Then it kind of bases and does nothing, and then they announce that they're. Like hey, we completed the shared illusion and on that news it ends up like spiking.

So if you're in ater, first of all don't play any close expirations, i mean this one. You don't have to worry about it, because the closest one are the october monthlies, but as more and more people are interested in atr, there's a good chance that market makers fill out the options market by adding additional expiration dates and strike prices um. So with it. Just understand, what's going on, you have to dive into the news about the dilution and understand that with amc and jimmy, when we've seen this previously, it hurts the stock, it bases and then the they announce that it's done and the stock ends up on that news.

Being having a nice positive reaction, so if you're paying attention to ater you're going to want to be looking at the volume understand how many shares they're trying to dilute and like come up with an idea be like okay, do we think that they sold all of Them is the announcement coming soon and that's a bit of a guessing game, but that's the game you're in on ater at the moment in time, uh did the q's gap fill yet 72. Is it worthwhile to play the queues? Is it worthwhile how much? What is the risk? What is the reward? Am i gon na heed my own advice: um, i'm just gon na do this gap, though really quick, just see, i'm just looking for what is it 372? What did we hit 63. just waiting, i'm waiting for that extra 10 cents in the stock market. This probably wouldn't be worth it uh in terms of you have to get in it's expensive.

It's 372 dollars to buy one of these etfs and then just to do it very quickly for 50 cents, uh, probably not worth the risk reward, but in the options market that little movement could be a couple hundred dollars. Uh futures market is one of the most leveraged markets out there. It's it's incredibly leveraged um, so i just want like it's not the exact same thing. Um, a 50 cent move a dollar move in the spy, the queues, the russell 2000.

The way it's leveraged in the futures market, it could be a substantial amount of money for even a single contract um, it's actually kind of crazy how much leverage they that happens all right. What kind of questions do we have rocking today? Uh studies i'll have to figure that out later thoughts on g-o-e-v g-o-e-v, canoe, uh intraday chart interesting it shoots up. I had a nice base off of 722 fighting back watched, the resistance at 7.50 and then obviously 780.. The day is a night.

This is strong. I mean it broke. The support turned into resistance at seven it's fighting back up. I would maybe watch for a hiccup at 760, but i would mainly be watching eight dollars on it.

Uh in terms of technicals, i'm not too up to date on the the fundamentals of this company and like what direction it is or isn't, heading um eight dollars, but it's just showing strength. It was in this bear trend. It looks like it's trying to in the short term, like basically for the month of september, was selling off and it looks like now it's fighting back against that uh. So if you're in it, i have no position, but i i do see some strength here.

I'd like to dedicate this chat to robin hood and vlad without them. I wouldn't have found matt in this community and like this bill and i'd still be oblivious to the market, shout out all boogie, just another bulgarian boy. Can i get tech on bb, so bb just so, everyone knows if you're in it, uh crushed its earnings, had a very, very good earnings announcement discussion, all that good stuff, very, very solid uh to the point now that it actually gapped up and now we have A double gap it gapped down and then it gapped up. So you have this very weird gap between what 992 and 977 interesting but shown some strength.

So i'd be a little bit worried about the gap below it, because i think that one day would want to fill that gap. But as of today i mean it's sitting at resistance. If it keeps cruising, i would watch 11 where it was previously rejected and we have some support and after that, i'd watch 12., so that one's easy to remember it's just 11 and 12 and just be worried about the gap below is what i would be paying Attention to amc getting smacked at 41.85 on the second test. It only got to 41.80 and right now it was trying to hold on to 4120, but we have some sellers.

Stepping in are these shorts or what's going on, could be the the net borrow's? Already 1.3 million and we're only 25 minutes into the day with they borrowed 1.35 um short interest. This might be a max value. It is uh. Amc is currently at a max value.

Short interest, 20.6 estimated, of course, uh interesting, interesting, interesting. All right, i'm just waiting to do for this to complete its gap, fill 42.76. We have about 30 cents to go right there right there right there right there looking a little bit lethargic all right uh, so the major indices all shot up, but you can almost see how they're looking a little bit tired. I wonder if they're going to have enough gusto in them to continue higher, especially the cues, i'm just watching for the cues to push this gap phil and then i'll be happy i'll, be satisfied.

All the indices gap fill with it, and if anyone wants to dive more into the explanation, because i think it is a very good explanation - the way to play these gap bills was not through calls. It was very much through volatility puts and that just has to go with options, pricing and how they get their pricing, and really people underestimating how much volatility has an impact on the value of a premium. Yes, you need the direction of the asset to go in your favor, but you should also very much care about what is or isn't happening, um with the volatility of the underlying asset. So, for example, as the spy goes up, you might have bet on that with a call, but remember as it goes up, that means its volatility is inherently selling off, so you have like for you to be right, you're almost contradicting yourself, because you're like yeah.

I want it to go up, but for it to go up that means the volatility has to drop, and that's why it becomes a very complex bet, um and that's why i think it's almost easier to just if you think it's going to go up after a Sell-Off in the overall market, it's probably easier to take a bet on volatility dying off through, like volatility puts, if you are an options trader uh. How close are we? We are a couple cents away: ding ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, ding, uh, all of them just gap filled the indices gap filled. I'm out. I got my attendees locked it in on the futures.

We're done with that sweet! I'm happy! I'm happy! I'm happy, i'm happy the market's still pushing on it. It could keep going, i'm just saying me being a technical trader. Sometimes i just see obvious plays like that. I'm like, oh, i could just play this gap.

Film. Make a couple make a couple: shekels make a couple shekels to pay off my sangria cheez-it bill. You know you guys know how it is uh, what's atr doing see a lot of people talking about that right, coming back, fighting back watch a-t-e-r-r! Why is this not 1375-1470 is what we're watching. This is fighting back, uh look for this test.

If it reacts well, then watch 1470. amc also getting its bounce recapturing 41.20. The the battle, those 41.50 - that was the high from two trading days ago, uh.