Foreign Rivers Foreign thank you Brothers Brothers Brothers Don't forget to get yourself a nice cup of joe this morning. Nice cup of Moon Gang Moon Gang Joe Brother Oh my brother Home brother, home brother brother brother oh brother brother. that's Bongiorno Bongiorno Billy Bongiorno Billy Oh Timo Timo Timo Team: We have so many things to talk about. We have so many things to talk about so you might as well kick back.

have some of that espresso and open that bag of Doritos and we'll get rocking today. Anybody get a vibe that Adam Aaron wants to sell? AMC I Get a vibe that he's A He's not a good person. He's A. He's not a happy camper, that's for sure.

He's a sad, scummy camper if you will folks, we gotta talk about some things or boy, our boy Adam Aaron's at it again lying to everyone So we're going to talk about that. We have a specialty show for you today at noon o'clock If you're tuning in right now and trying to figure out what's going down, we will be doing a specialty show at noon o'clock ET Today with our boy Mark Cohotis Mark and I have been talking and he wants to burn it all down. He wants to tell you what's been going on with Adam Aaron AMC and he's going to be touching on some of these people who have been promoting all the Hobium, his taxes. He wants to talk about what's going on with Trey and how he thinks Trey was involved.

He wants to talk about Peter Han He wants to talk about AMC Binghams He wants to talk about Boss Blunts. He wants to talk about Mudrick. He wants to talk about Nantera. So at noon o'clock today, we're doing a specialty show with Cohotis.

He's coming on and by his own words, he wants to expose the truth. He wants to burn down this charade of hopium. So uh, we're gonna have a a very fiery spicy midday show. A very fiery spicy midday show.

Peter Hahn and his followers are ripping you. It's actually ridiculous. Yeah, um, there. in my opinion.

like feeble little girl boys. I've seen some of it. but the only thing that's less than their intellect is their actual physical strength. I'm shaking in my boots.

Oh no. Peter Han and his followers I'm so scared I'm so oh I'm shivering I'm shaking. Please help me Peter Han The world's best financial advisor. He's been wrong so many times in the past that statistically he's due to say something right here soon.

So scared, so scared of Boss Blonde so scared I'm just so scared of AMC Bighams. These are all just the only thing more scary than their physical sizes. Obviously they're intellect. like they're just intellectual Titans What am I gonna do? Dude, they're keyboard Warriors That's what they are.

We're dealing with a bunch of keyboard Warriors Who? like? They don't even have witty retorts. They're not funny. they're not smart. They have nothing going on.

The only thing going on. is the fact that they were able to hop onto the goonie community's coattails. The only thing that they have going for them is the fact that they found our community and they hop on our coattails. The only thing that they have going on from is the fact that I've been hitting legs hard to get these puppies even thicker.

so I can continue bringing them up the mountain while they're on our coattails. That's the only thing they got lucky with folks. Without us. without us breathing oxygen into the things that they say and do, they'd be nobodies.

Instead of somewhat known feeble little girl boys. they would just be unknown, feeble little girl boys like. That's that's where we're at. Like they're just folks.

You gotta realize what they are. They're just. they're nobody. They're nothing.

They're nobody. Nothings it happened, It happens. It's all right. They're watching us from the bleachers.

Well, we're having fun. Well, we're having fun doing what we're doing. We're playing the game. They're just.

they're in the bleachers. man. Like, when I'm they can watch as we're having fun. In this world.

and it's a bunch of wannabes. It's a wannabe thing. It happens, but obviously we're going to be getting into that. We have to get into it because it's drama and the internet loves drama.

This Is The Stuff the retail stock version of bachelor and bachelorette instead of of fake engagement at the end. It's just gonna be who's right and wrong on a play. And I have to admit I like I Like how things are looking in terms of my call out, but unfortunately my call out is negative for most people. so I'm not a fan of the fact that people are losing money, but I am a fan of these people.

Like getting exposed Matt slash cat woke up and chose violence today Christina I'm always going to choose violence when I know you. you have my back when you're more than ready to throw down and just eviscerate people on the internet because they're a bunch of Cheetos I mean feels like feels like I'm running around with some of the best internet Fighters out there. so I'm stoked about that. So I do want you to know there's going to be a standalone specialty live stream interview with Marco Hodis today at noon o'clock Mark your calendars because it's going to be spicy now.

I'll also need you to know before that, two hours before that, roughly an hour from now, almost exactly an hour from now our our favorite Financial Daddy Jerome Powell Chairman of the FED will be speaking we'll be speaking from Jackson Hole not from Jackson's hole Jackson Hole The place and the last time this happened, the market had a horribly red day and then continued to sell off for weeks afterwards. Will it be going down this way? I Don't know your guess is as good as mine, but I know we should be listening to it. so Jerome Powell Daddy of the monetary policy system within the U.S will be speaking in about one hour, so we're going to be listening to it. Uh, so that's gonna have a huge impact on the overall Market the Spy the cues the dollar most likely.

Bitcoin What's going on with bonds? What's going on with yields? There's going to be some big macro swings today. On top of that I Want to pay a little bit of attention to Nvidia Not long ago is that 520 currently down to 470? and obviously we have to watch AMC which just seemingly has a 20 sell-off every single day. And guess what? Adam Aaron The CEO of the company nowhere to be found. Absolute crickets from him because he's a spineless loser.

He's a coward. He's a dangerous ridden geriatric who doesn't know what he's doing. a lot of people try to I don't know, come back and be like he's one of the best CEOs ever. No, no he's not.

Let's just be honest. name one solid business move. He's actually made this. He's a joke.

He's a clown. Look at him. he's just like a not like he went to Harvard Oh he he did. yeah because it really seems like Harvard's ready them seems like they're really just producing some of the world's best business minds of.

Adam Aaron Is your your example of a business that like, come on, he's got sleeping bags by his trading terminal. Jeez. All right folks, we do have some things to get into. We have some things to get into: I should probably get hooked up to the Mainframe here today.

hooked up. the Spy got hit to the tune of 1.4 percent. Yesterday the accused got hit to the tune of two percent Nvidia was the only green thing and even that it still sold off for most of the day. it just had such a gap up that fortunately it was still in the green.

Rel from close to close AMC dropped 27 down an additional five percent right now in pre-market and then in a similar sense ape got hit to the tune of well, now it's not even trading anymore because of the merge. Um, okay, so now the main thing we're watching is AMC Uh, what's the market cap? What's the market cap? It says the AMC market cap is 84 million. Well, that can't be right. They're just not doing their math right now so it looks like the data is a little bit off there with AMC but it's just it's just getting slaughtered just getting absolutely slaughtered.

Actually A is pretty good businessman I Took a failing business, made a ton of money off idiots Island diluted then out of the stock and made Millions How's that not good in business? Um, not good for the business because I think he's setting it up for AMC to have to declare bankruptcy. Uh, for his personal net worth. He's played it well. I'll give him that.

his personal net worth went up by many, many millions of dollars. The dude gave himself a pay raise. Do you know how bossy that is for things to be going this downhill? and he gave himself a multi-million dollar pay increase and no one has an issue with it. They're like, yeah, no, the guy deserves it.

He he's been doing so well, the Stock's only down by 90. He he should get a pay raise. Imagine that. Imagine if we could all perform so poorly and then you gave yourself a multi-million dollar pay increase.

That's pretty cool that that's interesting. Oh man. all right, but we'll talk about that later. Save all your spiciness, all of your anger, all of your emotions, all of your Mac course call outs for the interview with Mark So we'll We'll set that up.

It is set up. It's going down at Noon o'clock Noon O'clock ET Today Uh, it's gonna be a specialty show. A specialty interview. You better be there or you're gonna be a square.

Other than that, we have to talk about Daddy Pal Sock. Futures Rise As Investors Wei Pals Jackson Whole speech that's going down at 10 A.M ET Today But before we get into it, the internet had a little bit of a breakage last night and it's because: Donald J Trump The previous President of the United States came back onto Twitter 9, 38 PM ET August 24th Donald J Trump.com and he posted his own mug shot and there's a lot of memes already going around with this. They're giving them beautiful mullets such as my luscious locks. Uh, there's a lot going on and it I mean look at it, How many wait? Where's all the likes? Do I have to go out on the page like it was almost a million likes.

Has a hundred and four million views on this. But anyway, his mug shot August 24th Election Interference never surrendered Donald J Trump Right here a million likes. This is where it is. How crazy is that? Now I'm not saying you have to like the guy I'm not saying you have to support him.

Maybe you do, Maybe you don't but you have to admit people like it's a viral moment. A viral moment without a doubt. Happy Effing! Friday Hope you all in chat have an awesome day and weekend. Love you Having Mark on Saw him on your show back in the day and he's as real of a deal as it gets.

Super cool guy as well. Oh yeah I mean I chat with him personally I like him as a guy. Uh, because he's just fiery. He he says the things that's on a lot of people's minds.

He's like no kind of dude so it's gonna be um, a sauce a spicy a spicy Saucy interview for sure it's gonna be like one of them flaming hot Cheeto type of interviews Uh, but I was about to say speaking of: Cheetos Anyway, mug shot of Donald Shay Trump got released. This is all because of the fourth indictment from Georgia with I believe I think that one relates to election interference I don't think this one relates to the January 6th stuff. Uh, but anyway, people calling it blue steel I'm seeing a lot of those. a lot of the interviews uh or a lot of the memes I should say um I wanted him to do an interview, but not yet.

I'm sure he the Tucker interview is still crushing it. The views are just ripping ripping ripping. um but anyway I bet more is going to end up coming from this. and the one thing I like is the meme of like the two guys uh just like slapping hands like like in agreement and they're just like uh Trump supporters Trump Haters like everyone's just loving this mug shot right now.

it truly is going viral Trump Arrest Full recap Mugshots Surrender What's next in Georgia election case former president Donald J Trump was booked at the Fulton County Jail Thursday night on state charges that he conspired to overtorn the result of the 2020 presidential election in Georgia My question to you and I know most likely Which Way Rumble's gonna feel about this. Do you think he did this? Just in your opinion? And I'm not saying any of us are legal minds or anything like that, but right now I'm just curious what the public opinion is. People who don't know about law like me like you: Where are you going with this? Do you think he conspired to overturn the results? Do you think he broke the law? or do you think this is more of what's being referred to as a Witch Hunt Yes, No. Oh, you guys are about 50 50.

up Now more no's are coming in. Yes, definitely 50 50. 50 50. Interesting.

Not illegal to question an election. Well, I think he did a little bit more than that. Interesting I Just want to know where your mindset's at. I Appreciate that.

Absolutely. Which Okay, so it seems like more of you are starting to come in saying it's BS Interesting, interesting, Interesting. Okay, Uh. Trump was fingerprinted and a booking photo commonly known as the mug shot was taken of the former President and later released to the public.

Trump is facing charges in four separate criminal cases, but this is the first time he had a mug shot taken. Trump is facing 13 separate counts in Georgia including a racketeering charge and several fraud and false statement counts. The deadline for Trump and his 18 co-defendants 18 co-defendants in this case to turn themselves in is Friday Uh. With this obviously the backdrop here is the fact that we just had the first uh GOP Primary debate.

Obviously Trump wasn't there. He is greatly ahead in the polls, but I just wanted to talk about how for the people who were there of what's going on right now, net favorability ratings among Republicans who watched the debate before and after. So this is just from the debate itself. The santis uh ahead by six now from the debate improved his standing Scott actually dropped I personally thought he was a little flat I don't think he said anything memorable uh Haley plus 13.

Trump after the speeches was down by seven. but I think with the mugshot thing now I think I'll actually be increasing ramaswamy drop a little bit too much fighting apparently Pence went up I was surprised that wasn't my personal opinion and apparently Christy went up by a favorability rating of 13 as well. So kind of interesting to see see how things changed right after the debate. Now obviously there's a lot of things going down.

This is very much in flux, but this is just the numbers. Someone crunched the numbers from right after the debate. so I just wanted to quickly share that with all of you. Now obviously talking about the market, talking about our degenerate trading, you need to know Fed chair pal will be speaking at 10 A.M today so that's in about what 45 minutes we will be listening to it.

I Am fully expecting craziness in the market, so let's get prepped up. Let's get prepped up for it. China's stimulus rally lasts just 10 minutes showing Trader Gloom So we've been talking about this for a hot minute now, but yes, there is a clear faltering of economic stability in China Right now, it's not looking the best. Where are we on this conversation right now? incrementally Are these things eventually going to help this? Equity Market At least find a find a floor? Yeah.

I Think uh. eventually the impact will be muted. Uh, such meetings with institutions are frequent and unsurprising move in times of week sentiment. We saw a similar meeting with private fund managers last week and another meeting with foreign managers recently as well.

Uh Regulators Also held meetings with pension and Pension fund and large banks in April uh, last year amid a route, but the CSI 300 just kept falling for another six percent before bottoming back then. So history is showing that you know such moves are just showing signs of desperation. and so far we are actually not seeing any significant Improvement in sentiment among investors for Chinese stocks onshore and offshore. and we've been reporting that the CSI 300, uh, I should say that the onshore markets have been seeing.

You know a long streak of of Uh funds being was drawn and that's like hitting that hit a record on Wednesday although that record got broken Uh on Thursday I Think this may just be a little bit of a sort of blip in a in a otherwise downward trend venting. a Bank of America had an interesting survey talking about consumer sentiment in China it's actually seeing some signs of improvement. Tell us more. Yeah, it's quite interesting that uh, consumer sentiment actually improved according to their survey in August snapping Uh, the proportion of consumers planning to spend more over the next six months and to trade up to more expensive Brands increased in in August compared with June Analysts in Bank of America said that it's likely helped by booming Services demand during the summer and we saw box office data that was like a record I believe last week and Morgan Stanley actually also said that I prefer consumer discretionary sector while downgrading many other sectors in the report.

uh, yesterday. oh sorry. I should say just today. Uh, so I think Overall, you know it's a very uneven recovery.

We saw people liking to spend on movies on travel on food but they're not really buying Big Ticket items because property downturn is making people feel quite vulnerable as most of Chinese household wealth is tied to property and it's exactly the real estate market. Well also the shadow banking that is not looking the best. So this is a little bit of an international update. so trying a little bit until uh Japan's Nike tumbles two percent as Asian markets fall ahead of Pals Jackson Hole Speech On that note, though, the U.S market the S P 500 is making a bit of an upward mood of at least as of now.

will it hold your guesses as good as mine? Don't forget about the bearish engulfing candle from yesterday, but more on that in just one second. Powell's pivotal speech: Friday could see a marked shift from what he's done in the past. Many expect a circumspect Fed chair Jerome Powell when he makes a speech from Jackson Hole Wyoming today Friday 10 A.M Markets Thursday Brace for an unpleasant surprise with stock selling off and treasury yields. climbing bonds, tumbling, yield, popping, uncertainty in the Seas.

While the Temptation for the FED now might be to signal that it has largely won the inflation more many Market participants think that it would be unwise. We'll see I mean it's it's all coming down to: Are we getting another rate hike? Are we getting two more rate hikes? Or are we not dumb? Everyone's going to be parsing every single sentence of the speech today to try to get a better idea of where are we at? Are we done in this current rate hike cycle? Are we at the FED fund right? We need to get to and we're going to pause from here. Are they going up one more? Are they going up two more? and what is the likely odds of it? That is what the Market's going to be listening for. That's what the Market's going to be reacting to.

Is this perception of? is the Fed done or not? And if they're not done, how much more hawkishness? How much more I Guess suppression of the economy should we expect the U.S Budget deficits are exploding like never before. So a lot of this comes in I Know we've been talking a little bit about politics. a little bit about monetary policy. Understand that all these are intertwined.

What's going on on the political scene? monetary policy, and then the economy, and thus the stock market. They're obviously all intimately intertwined. The U.S Budget deficits are exploding like never before. American Politicians are Keener than ever to juice the economy with government cash.

quantitative easing basically making money out of thin air like literally just printing it a ship that's already helping drive up borrowing costs and looks likely to keep them high long after the inflation emergency is over. So inflation is this time around is. well, when you just are printing a bunch of funny money, of course it's devaluing it, thus prompting inflation. The outlook for the Federal budget right now is essentially unprecedented in crisis-sized deficits as far as the eye can see.

Even though the economy appears to be in good health, the prospect is making investors uneasy. A demonstrated, as demonstrated by yields on Benchmark 10-year treasuries climbing over 4.3 percent this week. So we see the 10-year going up above four percent. Holding there, we see the two-year going up above five percent.

It's crazy how big these yields are as bombs or bonds are just getting their nuts kicked in their highest level. Since 2007, other borrowing costs are rising in tandem. The average rate on a 30-year fixed mortgage has searched over seven percent for the first time in more than two decades. Remember the FED fund rate, where the federal interest rates at that has the trickle-down effect of setting the tone for mortgage rates.

What's going on with, like the yield in your savings account? What's going on with Uh, Federal Federal Student Loan repayments? What's going on with credit card payments? That sets the tone for all these other interest related things within our economy. Investors worry that sustained fiscal shortfalls on the scale projected by the Congressional Budget Office could push rates higher still, which only puts more pressure on public finances by adding to the government's ballooning interest bills. Concerns intensified this month. After a one-two punch, the U.S treasury ramped up its debt issuance, heralding a supply Deluge that's likely to last several quarters.

The Fish ratings unexpectedly downgrade America's sovereign debt credit rating. On top of that, you have both Moody and the S P downgrading some of the most like largest banks such well, a lot of the small and medium-sized Regional Banks got downgraded and then the large Banks such as like JP Morgan City Bank of America kind of were put on watch. But anyway, the U.S budget balance as a share of GDP Yeah, we're in this red territory, not necessarily in Bueno. In fact, the last time we were looking good was around 2000 with this Tech bubble.

Uh, it was good then as a share of GDP which is a common way to look at it. But we have just I mean ever since. What? 2000 in 2001? 2002 Just down and down and down and we had some crazy years right here. 2000? Uh, 2020 right here.

Huge and Grand And there's going to be other things to consider such as the fact that we were locked up. so these spikes are horribly bad. but we're just, we're just not coasting in the right direction. We're clearly not trending the way we need to be ahead of Pals.

Friday Speech: Kramer says the FED share is not done slamming the brakes on the economy. which makes me feel that the FED is in fact done slamming the brakes on the economy. So a little bit of good news if you believe in the powerful inverse Kramer this is good news for everyone. This is very good news for everyone if you are a subscriber to the Church of inverse Kramer Uh, he's calling out that they are not done slamming the brakes on the economy.

which hey, makes you feel like they might be in fact done slamming the brakes on the economy Uh, in terms of earnings I Just want to let you know very quickly. affirm Ulta Beauty Intuit Workday Gap Coming out after the market closes today. but for this time around, earnings season is effectively done. So in terms of some of these individual companies: Nvidia Reporting after the market closed on Wednesday The report was really good.

It just couldn't hold those elevated prices. China's EV slowdown drags down Nvidia's next billion dollar business. So yes, still weakness coming out of China But Nvidia right now, huge winner off the AI boom. But talking about EVS EVS were really hot in 2020 and now they've kind of been coming down a little bit.

not as much enthusiasm there. I Do believe it's cyclical I Do believe it'll eventually come back I Just wouldn't be holding my breath on it coming back like any time soon. Speaking of not coming back anytime soon, we need to talk about the strike. Whether it is the writer strike, the actor strike movies are getting punted down in terms of their release, down the count like just they're like, hey, we have to pause it Dune Part Two departs the 2023 movie Calendar amid Hollywood strikes.

So right now in this, to be fair here, this is by no means in the control of Adam Aaron or the board. but this is going to have a negative impact if movies are not being produced. If they're not just created, obviously, there's going to be a huge lag effect and then eventually when we hit that leg, movies are just not going to be there. Which is obviously I mean I Don't think this is that crazy of a call out.

Obviously pivotal to the success of AMC is people coming to the theaters. So so this is another negative for AMC. Unfortunately, I won't be able to put a time frame on this, but my call out. My prediction is that AMC eventually has to file bankruptcy Adam Aaron leaves as a disgraced CEO The bondholders end up owning the company and they sell it to either one or multiple private Equity firms and then they restart.

AMC Um, and they run it. Basically clear all the debt. They have 5 billion in debt. That's why you would want to declare bankruptcy.

Get rid of that because it still does have some valuable assets like it is, still has the largest chunk of market share. But the way things are trending right now and with the debt load they have and with how much people don't like Adam Aaron and a lot of people don't like Adam Air. So I posted this poll. where is it? Uh, feel free to vote.

but as of now, 69 of people and 4 000 people have voted, that is statistically significant to be representative of the overall retail quote. Unquote Ape Community 69 Do not trust Adam Aaron 69 Almost 7 out of ten people who know about Adam Aaron Do not trust him. That's bad. How do you win in that scenario when your investor base no longer trusts you? Not a good situation very quickly to take a step back.

I Do want you to know that in terms of seasonality for today Friday August 25th Before that, Bell goes dignity. ding ding ding. The seasonality is neutral neutral neutral neutral. So not really being supported by Tailwinds not running into headwinds.

A bit of a seasonally neutral day. Five things to know before that stock market Bell goes Diggity Ding Ding ding today Friday August 25th The major thing you need to know is fed hair Jerome Powell will be speaking at 10 A.M So in about 30 minutes obviously we will be streaming it all pal speech going down at 10 A.M Everyone is looking for any indication in inkling of an idea of are we getting more rate hikes and if so, how many Subways sell after a lengthy process sandwich chain Subway is selling itself to a private Equity Firm Rorke Capital Doj Sue SpaceX something about not hiring um, unfair employment but not high hiring refugees and Asylum recipients and I feel like SpaceX is easily going to win this case a tech hug AI startup New York a hug for support from several Tech Nines Hugging face named after the hugging face emoji showing a smiley face framed by two Open Hands Just raised 20 235 million on a 4.5 billion dollar valuation. Uh, it's a more collaborative AI model than other. Ventures So another AI play we talked about: Trump Being arrested yesterday.

Fourth indictment in Georgia for the Uh, conspiring to overtorn the Georgia election he made his debut to Twitter AKA X and it went absolutely viral. Absolutely viral. His mug shot. That's literally the picture of the mug shot.

Crazy. We live in absolutely crazy, truly insane times. I mean everywhere you look, it's just there's some sort of high level, high level amount of I guess drama in a certain sense going on this way that way and the other way. Now the Bell is about to go dingy.

Ding Ding ding. So I just want everyone to know as you're tuning in right now. Jerome Powell will be speaking at 10 A.M This morning, my opinion on the market right now is it's just waiting for that. This is obviously a bearish development of a day when we just have clearly bearish engulfing.

So on the bottom side, I'm going to be watching basically 437. but if it can get above and recapture for 40, 4, 41 there might be a bit of bullishness there. But I don't know if this is necessarily going to be the strongest call out in terms of uh, technical analysis or Price action because I think everyone is waiting for Jerome Powell to be speaking at 10 am. and once again, that's all going down in half an hour expecting high levels of volatility.

High high high high levels of volatility as you heard uh Piper just decided to trade. She went long at the market open today. She has a mind of her own. She does what she wants to do.

Um, so we're gonna have to see if she's right on this play or not. but Piper this is now version gazillion of the code I Just every night I've been spending hours and hours refining this particular strategy. At this point it's becoming one of my favorite strategies like I've ever made. But um, it's not perfect yet.

That's why it's not released to the public. That's not why that's why I'm not like giving out the signals because like I know I can make it even better and I just don't want to put out something that's half-assed but she's going long at Market open right now. The next time you hear oh brother, that will be Piper closing the position. So we're going to check into that before we get really rocking today.

Obviously the first 5 10, 15 minutes Uh, 20 minutes, 30 minutes I like to wait today specifically I am really really waiting because I want to know what Jerome Powell says at 10 A.M So I just want to put that out there that yes, the algorithm is going to trade because I'm attempting to collect as much data as I can see how it's performing in the market to better understand where I can improve it that type of a thing if this sells right here, if Nvidia keeps going down I have a feeling that Piper is going to be getting out. But before we get into all that, shout out to today's stream sponsor Streepy pinned to the top of chat in the description of the video. This is Free to download. This is by far the coolest Robo Advisor you could possibly be using right now, at least in my humble opinion.

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So basically no harm, no foul. See if it's appropriate for you, make sure you're putting in that code Matt on the very first page. We've been partnered up with them for a while. Yes, they are international.

it's not just in the US If you have any questions I'll do my best to answer for you and if I don't know the answer I could get you connected with a member of the street B team. but shout out to Street Beat shout out for being a sponsor, Show them a bit of love. That's it's these types of things that allow us to buy, um, some really, really cool wigs and really really cool flannels. So if you want more cool wigs, more cool flannels, you know what to do.

You know what to do? Uh, but make sure you're on the very first page. When you're creating your account to get that free month trial, you're going to put in the code mat on that very first page. Um, Piper did go long and open and Piper is buying herself some of that. Meow Mix Today, she's crushing it Piper's up about Five Points 225.

Um, so I it's in at 404 and it looks like there is currently a hard stop at 406. does that make sense? It does make sense. Okay I think it's worth I Noticed a weird bug yesterday, but I think I was able to fix it like I said dude. I've been spending way too many hours per day doing this.

Basically my life has been fighting with stupid little AMC shills such as Boss Blunts AMC Bigums um Adam Aaron himself Peter Hahn just people who are lying and don't know what they're talking about. Basically I take coding breaks to fight with them and then I go back to coding to continue to make myself money and buy that. I Mean these robots try inside so it should be if it falls a little bit more. So no matter what, this is making a hundred dollars because it's in at 404 and it now has a stop at 406.

it's a dynamic stop and profit system, so this actually moves like the stop loss when it first entered. like the the stop loss was red. Um, it was probably somewhere down here at like fourth ring 90-ish maybe for 385. but quickly Piper moved her stop up to 4406 which every right oh brother right there just gotta fill.

So um, after commissions and slippage, it's up 86 on the day. So uh Piper just locked in. First trade out of the gate. A nice winning trade.

Uh hell yeah! Piper Easiest 86 dollars out there. Let's do a little bit of celebration for Piper A little bit of a celebration? All right. Let me continue. I need to sign into my Soundboard account? Uh, we're gonna dedicate this one to all the the felines watching right now.

For everyone who's trading with their favorite feline friend, this one's dedicated to you. There you go. Wall Street I Don't know why I Cut off early, but now what's this one? Ooh guys, all right, the sound board. We can't do that to ourselves today.

we. It's too easy to get addicted to that. too easy to get addicted to that. Uh Cat Found Matt Soundboard? Yeah.

Matt's biggest issue was giving me the password for that. It really was. You have a set of new followers. the The Cat.

Raiders Yeah! I've realized that I've pretty much top ticked the market on human followers. So now I'm going over to our feline friends. Man, do the soundboard. It's dangerous.

The amount of things you could do in that thing AMC is still down. Even with it pushing, it's still somehow in the red. Go green. Give people a little bit of optimism.

A little bit of optimism. All right. Let me make sure we're not missing any other. uh.

stocks rise as investors await Jacks await Pals Jackson Hole Folks in my humble opinion in my humble, humble, humble opinion: I Don't know necessarily if you should be predictive of this event. I Don't know if you should be going in thinking, oh, it's going to be bullish. It's going to be bearish. I'm going to lay on a position now.

Why not just be reactive, Why not wait and wait around to see which direction things are actually going to start going and just ride that trend? Obviously, you're not going to top tick. You're not going to bottom tick. but hey, hey, like you don't need a top take, you don't need a bottom tick. I Can show you that this event typically creates a nice beautiful Trend that you can ride for a while.

You don't need a front runner. You could just wait. You don't have to be bullish or bearish beforehand. You could just be like I'm gonna wait, see which way it goes and take a reasonable and optimal risk to reward entry type of a setup.

But on that note, I uh I Do want to ask you are you bullish or bearish going into it Please comment Right now, the Spy is trading at 439 just below 439. if we were to fast forward till 4 pm today when that market Bell goes dingy ding ding on a beautiful Friday TGIF I Hope everyone's going to some Texas Roadhouse tonight. but are we above or below 439? Are you bullish or bearish from here? Uh, why doesn't Pal do the speech from Harlem or the Bronx Probably because his Illuminati buddies want to meet up in Jackson Hole Uh bullish Burr Bullish Bearish green after a red week? 442 Bullish on Jerome Powell It feels like we have a couple more Bulls in here, a firm is up 23 percent. Hey AMC actually somehow went green.

That's crazy. Hey, that never happens a firm 23.5 It's crushing it right now. Matt How would someone that knows nothing about coding start to learn to build their own? Piper uh I plan on doing that I plan on teaching it. uh.

I mean I I Made some videos so these are all on Rumble but they are also on uh, the separate YouTube channel over here. Um, hey, and by the way, we're 17 subscribers away from a thousand over there. So if you guys want your gold stars back, um, only 17 of you need to come over. But that's what I'm going to start posting here is I'm gonna just give it away for free and obviously uh, sometime soon.

I Believe in September October We are going to officially do a uh, kind of like a the official release of the robotic algo like kind of just mess around Discord where I plan on like a weekly basis, will kind of almost have like office hours where there's a set time every week maybe multiple times a week where I'm in there and I can answer questions on it or we could actually build out strategies together. So right now the Discord is not set up, it's all going to be handled through locals. You can't sign up for it right now because it doesn't exist right now. We're trying to work on some things on the back and to make it, uh, the appropriate level.

but also, even if that's not your style or maybe you're just not in the financial situation for that. Um, I'll be giving away stuff for free in here. So it's a slow but sure kind of process because I just want to make the videos as good as I possibly can. but the videos will be coming out.

So this is all about future training. This is all about systematic training. The video that will be coming out Monday is going to be a strategy. I'm going to give you the exact entry rules, the exact exit rules, and the exact stats and figures and everything you need to know.

but what I'm going to be doing on? uh, that video comes out on Monday Monday Monday Monday Uh so I hope you guys like it. Obviously if you feel like something is missing, if you're like, well hang on when you said it that way I didn't quite understand or if you have an idea for like, well hang on I want to understand XYZ Folks I Do this to um I I Guess like my goal is always to like, just share knowledge and make the best things and the most interesting things. I can So uh, if you have an idea of something you do want to see, don't want to see whatever it is, please reach out to me. Can you put the moon icon back on? AMC For Old Times Sake uh if it were mooning I could but AMC is doing the opposite.

If anything I feel like I should be getting a gravestone on it. This you put the moon on things that are mooning it used to moon and all we've had is lower highs, lower lows AMC Look at this. Can you guys see this year to date performance down 60 One year down 83 from this high which cost adjusted is now 392 but this isn't even accurate quite yet. Uh, because we have to wait for the ape to come back in.

uh is now down 96. Um, out of good conscious I can't put a moon on something that's down 96 I Mean, look how it's even been doing recently just from the end of July until now it's down 74 That's not a moon man. Uh, you put a moon on something that's mooning. You put a rocket on something that's rocketing.

this is I Need a Gravedigger I Need a gravestone? I Need basically Adam Aaron like in a almost like a Hamburglar at the because he's just he's been stealing from everyone. He's clearly been stealing from everyone like he. He's just lied. Now some of you might be like, well what did he specifically lie about? uh, there's many videos going around of his CNBC interview where he's like hey, we're not reverse splitting or splitting AMC we have no plans to do that.

Guess what? They did it? Um, he was telling everyone that the shorts will choke on that and we're gonna pounce today. Well when did that happen? I Think the only people that are, uh, like choking on that right now are the retail supporters. I know I am. As a person who's long both AMC and ape, it doesn't feel like the shorts are getting choked out, feels like we're getting choked out.

Um, all he did I mean he's personally made over 40 million dollars from selling stock. It feels as if this situation is going the way of Adam Aaron personally benefited and his private Equity buddies Mudra capital and Tara they benefited and you know who got screwed. retail but once again, more on that later. I will be doing a specialty interview with Mark Cohotis today at noon o'clock.

So in two hours and 15 minutes after the Jackson Hole meeting, there's going to be a specialty live interview with Marco Otis Where he's going to be talking about where he thinks it went wrong. Basically how much of a scumbag Adam Aaron is he'll be talking about trade trades he'll be talking about Peter Hahn he'll be talking about AMC Biggums he'll be talking about boss bonds. He is ready to go. He's fired up.

I Was talking to him yesterday and he is ready to rip So at the minimum I Can guarantee you it's going to be a very, very colorful interview. but we are doing it live. There's no editing. There's nothing like that.

There's no say this this way. There's nothing. It's going down live It's Going Down Live. Um, so it's going to be at 12 o'clock ET So in two hours and 15 minutes exactly? Uh, talk about Mullen We got F2 I vote I've from the get-go I Told everyone that Mullen's bad.

the CEO is a criminal. An absolute criminal. I Don't understand anyone from the like it it was never a trade. It was never an investment.

It was nothing. uh knew this channel was turning into and only fans. What's the monthly rate? 69 420 payments easy payments of 69 dollars. But come on you knew that you knew that uh I'm out of Walmart Do you need anything? uh I'm good Fuzzy, but does anyone else folks? uh, fuzzy.

He's at Walmart right now. Maybe he's doing a little bit of shopping if anyone needs anything. Uh, you could just add fuzzy right now if you need to give them your your shopping list because uh, that's nice. That's nice of them to offer.

Just like to save us all a trip. Very very nice to offer. What is this more? There's so many crypto exchanges reaching out to me. I Hope this email finds you.

Well, my name is Blank Blank I am the business development consultant at Blank Exchange. Your YouTube channel is amazing at capturing attention. Hell yeah brother. I'm sure this is just, um, truly a copy and paste situation and I highly doubt they know anything about me I Highly doubt that they know anything about me.

Let me get prepped up and schedule. Let's go grab the link the calendar. What is today today is August Friday August The 25th folks. we made it another week.

We made it another week continue so we don't need that. So so according to the Fed's website, according to the Fed's website, it is going to be the Kansas City Fed website. Allegedly, according to the FED schedule, this is where it's going down, but I find it interesting they don't have it pending yet. Anyway, we're going to be tracking that down when it happens.

Jerome Powell The Chairman of the FED should be speaking in about 13 minutes. That's what everyone is waiting for today. AMC Back in the Red Ape. Not really technically doing anything because every everyone already got screwed over by it.

In all honesty. Tesla making a recovery up two percent trading at 235. Nvidia break even just below 472. Apple Slightly green Microsoft Okay, looks like it's due in some form of a push trading at 323 coinbase I should probably type in the ticker properly.

Coinbase: not like in the best at 74, but technically green on the day. Rum is up a bit today, not trading the most lower lower volume Amazon chilling at 133 meta at 287. this is kind of a hard fall from the recent 315. Netflix Taking a hard fall too not long ago at 470.

now at 4 15 after its earnings. So the market popped at open and now we're just going sideways. Everyone is clearly clearly clearly just waiting. just waiting, waiting for.

Jerome Powell All right. Uh, Ape is gone now. part of AMC Yeah, exactly. And I think all of the charts should be fully cleared up by Monday So by Monday they should have the proper adjustments, the proper merging.

that should all be done by then. I've been spy puts right now I think we touched yesterday's low before it recovers. This is from my crystal ball. We'll see if you're right.

We'll see if you are right folks. Don't forget to show a little bit of love to Street Beat pinned to the top of chat in the description of the video. Free to download. Use the code mat to get a free 30-day trial.

In my opinion, the best Robo advisor out there. Are we missing any other breaking news socks? Rises Investors Wade Palace Jackson the whole speech more Trump Georgia Election Defendant: Surrender just two left to be booked by deadline. That whole thing is just. it's such a mess.

The fact that our political situation is where it is right now. It's not like it's kind of an embarrassment. Honestly, on both sides I think just the political gridlock that we get the the fact that they act like petulant children. It's just crazy.

Absolutely crazy. Let me just see if we're missing any any news. what is this but I Have never seen Spirit like there is right now even coming down here just at the people on the road that are just absolutely going crazy. And the reason is I think they like me and I I know they love my policies I hope they like me too.

You know a lot of people say they don't like me but they like my I think they like me but I have never seen Spirit like it is right now and the reason is Spirit High Spirit Level because crooked Joe Biden is so bad. he's the worst president in the history of our country I don't think he's going to make it to the gate, but you know you never know. But he's a corrupt person. So corrupt that I took the name of Hillary you know I don't do two people at one time I took the Crooked Hillary and I made it I retired the net.

It was a good day for her. I bet she was very happy and I used a tired because it's crooked Joe Dude, he's a good speaker. Well I think he's worse mentally than he is physically and physically. He's not exactly uh, a triathlete, or any kind of an athlete.

You look at him, he can't walk to the helicopter he walks. He can't lift his feet out of the grass. You know it's only two inches at the White House right? That's not a lot. but you watch him and it looks like he's walking on toothpicks.

Interesting thing to call out, but he is mentally and physically feeble. But I think that's true with uh, a lot of our politicians on both sides of the aisle. Why do we keep electing these geriatrics? It just it doesn't. It doesn't make sense.

It doesn't make sense. All right before Pal really starts popping off today because I'm gonna end up being quiet for most of that. Any questions, Any questions, any questions, any questions. What's on everyone's mind before Pow Powell's gonna be speaking in less than 10 minutes.

Speaking of that, why is this video not live yet? Is this it? Uh, uh uh. okay. The event will begin soon. You know what I'm gonna do is we'll move this over so you guys can still see the market.

So let me just do a little bit of a switchity rue. Let's do a little bit of a Switcheroo over here the old switcheroo. All right, let me just get this exactly how we need it. Good Good Good Good Good Good Good Good Good good.

I Just hear like the uh, like the weird audio interface in the background right now. All right. add Source We're gonna do a new one. Good good.

Let's clean this up a little bit. I Know you guys expect perfection. I'm going to give you perfection, right? Clean this up. Cleaning this up pretty much it, right? That's pretty much it.

I Think we got it. Maybe not the most centered guess I Need dark somewhere like that? Something like that? All right, so we'll be able to see and hear him. We got it rocking. We got it rocking.

All right. I'll just hide it for now because we have about five minutes till we actually comes on. but we have the audio ready. We're ready to rock.

Can you explain Fixed Security AMC At some point not now, but next week or whatever I Don't know what fix can fix Con: Security AMC is I've never heard of a fixed security AMC Where are uh, where are you reading that or where are you finding that a fixed security AMC I I'm not 100 sure what you're referring to. Can you create a cartoon with AAA bearing Ames e coffin with a shovel throwing uh, a ground on it with pocket stuff with money in him laughing and crying at Apes watching him we could probably whip that up I do have one of the most talented thumbnails guys in the game so I think we could probably put that together Matt did I leave my wallet on your nightstand last night? Been kind of a rough morning. it was a wild night, wasn't it? Bilbo You know? uh. Prop Account update I mean I passed the challenge on the first one.

What I want to do but see I've been manually trading that. What I need to do is convert the code over from tradestations Easy language to ninjascript so the robot can trade the prop account for me. So that's the major update right now is I manually traded enough to pass the test. but now I want to run an algorithm and see if the robots I make can pass the test.

ah uh, can you give us the peck bounce map I Think to do that, you need to have more pectoral muscles. So unfortunately I will not be able to deliver on that. but the cat in my life has given me some allergies. Are prop firms worth it? I think so.

Um, it's a low risk way to still actively trade quite a bit of money. You don't have to put up your own money. It's hard to pass the test I Don't want you to think that you could easily peasally uh, easy, squeezy peasy pass those tests. It was like I mean it took me seven tries.

but in terms of risk, you, all you're really risking is the fee to take the test. You're not risking any other money. So I like it for that. and so if you want to try it it is in the description of the video.

you could get a nice discount code. Uh, actually, it's not in there. Why is it not in there? Oops, my apologies, it's not in there. uh I don't know why it's not I'll have to find it.

Let me I think I put it in one of these previous videos I'll track it down for you. sorry I'll track it down for you. Is it back here? Okay now I have it. I Don't know why it's not in there.

Uh, we're updating that it got removed for whatever reason. But here here's how you get a discount code. Just put it in chat. Drop it in chat right now.

Check it out. it's in chat. Uh, you can just use that code and you'll get 50 off. Where should I start with a 10K investment? Uh, I mean it depends on what your goals are or you degenerately trading.

Are you actually investing a long-term thing? There's actually some really interesting ETFs like I When you're saying investing Jack Do you actually mean long term? If that was my money and what I would be doing. one of the things that interests me the most right now is JP EQ this is an ETF no J E P q Is that a J E P q This is managed by JP Morgan it's a dividend yielding like Tech play. so it's an ETF and exchange traded fund. which means it's a basket of things.

And within this basket there's a lot of tech plays so you get Tech growth. but on top of it, they have a really nice dividend. So if you're truly long-term if you're like no I want to get something that I hold for many years, Jepq is something that really interests me right now. For the point of transparency I Want you to know that I don't own any but I really like the concept and probably in my like 401K my retirement account I'll probably be picking up some of this and just keep reinvesting the dividends.

but if you're looking to actively trade, there's many ways to make money. actively trading. It's just more of coming up with your own strategy that you like and you feel confident in and then just staying disciplined and trading that time and time and time again. Matt does the bot training that you are going to teach only apply to futures or can it be used Day trading via options in stock? That's uh, thanks for all you do.

It could be applied to anything I Mean the point of algorithmic trading is just learning how to create a set of Entry rules and exit rules. and if you want to apply that to equities, to crypto to whatever you can I Like the Futures Market Because it's very liquid, there's no pattern day trading. There's just, in my opinion, a lot of advantages of trading. Futures So I'm a little bit biased towards it if you're trading options.

I Think the best thing you could be doing is selling options. um and actually a lot of Statistics would agree with that statement. Um, but are we starting I Hear some noise? they I guess are letting people in or something but we have it ready for pal. Pal should be speaking in about five minutes.

Powell should be speaking in about five minutes. So if your trading options statistically you're gonna benefit from, you're very much going to benefit from selling premium instead of buying calls or buying puts selling calls. selling puts the odds greatly increase. I Like Futures because there's no pattern day trading.

Uh, very, very liquid markets. The trading hours are wider so if maybe you don't want to trade in the morning or maybe your life doesn't allow for it, or at night there's many hours to trade. Um, there is great leverage. It allows you to focus specifically on one thing which I Think that's better than just tracing whatever the newest, shiniest, like novel thing is in the world of equities instead of like knowing all the whatever the board's doing and earnings this that the other thing for individual equities, you could just trade Futures and just get really good at the S P 500 or the NASDAQ 100 or oil or live cattle like you could.

Just the market pays you for expertise, not breadth of knowledge. It's not even fixing the table. What does that mean? Is that Illuminati code for something? You guys heard that right. Someone breaking news, breaking news? Someone is fixing the table.

Is it fixed? Someone needs to update us. Is it fix or is it not fixed? We need an update. Can we get into Will they let us in the chat? Is the table fixed or not? Uh. update.

Yeah. So I'll just I I Assume no. What is she assuming? no, What was she assuming? Folks, we're that was probably the biggest tip of the day. What? We We just need to know what she was assuming.

Is she gonna assume that the table's fixed? You can't just assume. Oh man oh man, folks. I Don't want to be a Debbie Downer I Don't want to be a negative I Want to welcome you to the 2023 Jackson Hole Conference Structural Shifts in the Global Economy chair Powell The floor is yours. It was brief and I know brief.

Thank you Betsy And good morning Everyone at Uh, last year's Jackson Hole Symposium I delivered a brief direct message. My remarks this year will be a bit longer, but the message is the same. It is the Fed's job to bring inflation down to our two percent goal and we will do so. We have Titan policy significantly over the past year.

Although inflation has moved down from its peak a welcome development, it remains too high oh, appropriate and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective today. I Will review our progress so far and discuss the Outlook and the uncertainties we face as we pursue our dual mandate goals. I Will conclude with a summary of what this means for policy. Given how far we have come at upcoming meetings, we are in a position to proceed carefully as we assess the incoming data and the evolving Outlook and risks.

The ongoing episode of high inflation initially emerged from a collision between very strong demand and pandemic constrained. Supply By the time the Fomc raised the policies in 2022, it was clear that bringing down inflation would depend on both the unwinding of the unprecedented pandemic-related demand and supply distortions and on our tightening of monetary policy which would slow the growth of aggregate demand, allowing Supply time to catch up. While these two forces are now working together to bring down inflation, the process still has a long way to go, even with the more favorable recent readings on a 12-month basis. U.S Total or headline Pce installation repeat at seven percent in June 2022 and declined to 3.5 bucks on that, following a trajectory roughly demonstrating contract right now, the effects of Russia's war against Ukraine have been a primary driver of the changes in headline inflation around the world since early 2022..

headline inflation is what households and businesses experience most directly, so this decline is very soon, but food and energy prices are influenced by global factors that remain volatile and can provide a misleading signal of where inflation is headed. And in my remaining comments, I will focus on core Pce inflation, which omits the food and energy components on a 12-month basis. Core Pce inflation peaked at 5.4 percent in February 2022 and declined gradually to 4.3 percent in July. The lower monthly readings for core inflation in June and July were welcome, but two months of good data are only the beginning of what it will take to build confidence that inflation is moving down sustainably toward our goal.

We can't yet know the extent to which these lower readings will continue or where underlying inflation will settle over coming quarters. 12-month core inflation is still elevated, and there is substantial further ground to cover to get back to price stability to understand the factors that will likely drive further progress, it is useful to separately examine the three broad components of core Pce inflation: Inflation For goods for Housing Services and for all other services sometimes referred to as non-housing services, Core: Goods Inflation has fallen sharply, particularly for durable goods, as both tighter monetary policy and the slow unwinding of supply and demand dislocations are bringing it down. The motor vehicle sector provides a good illustration. Earlier in the Pandemic: demand for vehicles Rose Sharply supported by low interest rates, fiscal transfers, curtailed spending on in-person services, and shifts in preference away from using public transportation and from living in cities.

but because of a shortage of semiconductors, Vehicle: Supply actually fell, vehicle prices spiked and a large pool of pent-up demand emerged. As the pandemic and its effects have waned, production and inventories have grown and supply has improved at the same time, Higher interest rates have weighed on demand. Interest rates on auto loans have nearly doubled since early last year, and customers report feeling the effect of higher rates on affordability on net motor vehicle inflation has declined sharply because of the combined effects of these supply and demand Factors Similar Dynamics are playing out for Core Goods Inflation Overall, as they do, the effects of monetary restraint should should show through more fully over time. Core: Goods Prices fell the last two months, but on a 12-month basis, Core Goods Inflation remains well above its pre-pandemic level.

Sustained progress is needed in restrictive monetary policy is called for to achieve that progress in the highly interest sensitive housing sector. The Effects: Mortgage rates doubled over the course of 2022, causing housing starts and sales to fall and houses let me know. Bullish or bearish growth in Market Rents soon peaked and then steadily declined. Measured: Housing Services Inflation lagged these changes as is typical, but has recently begun to fall.

This inflation metric reflects rents paid by all tenants, as well as estimates of the equivalent rents that could be earned from homes that are owner occupied. Because leases turn over slowly, it takes time for a decline in Market rent growth to work its way into the overall inflation measure. The market rent slowdown has only recently begun to show through to that measure. The slowing growth in rents for new leases over roughly the past year can be thought of as in the pipeline and will affect measured Housing Services inflation over the coming year going forward.

If Market rent growth settles near pre-pandemic levels. Housing Services Inflation should decline toward its pre-pandemic level as well, and we will continue to watch the Market rent data closely for a signal of The Upside and downside risks to Housing Services inflation. The final category nine Housing Services accounts for over half of the core Pce index and accounts and includes a broad range of services such as health care. Food Services transportation and accommodations.

12-month inflation in this sector has moved sideways since liftoff inflation measured over the past three and six months has declined, however, which is encouraging. Part of the reason for the modest decline of non-housing services Inflation so far is that many of these Services were less affected by global supply chain bottlenecks and are generally thought to be less interest-sensitive than other sectors such as housing or durable goods. Production of these Services is also a relatively labor intensive and the labor market remains tight given the size of this sector. Some further progress we'll hear will be essential in restoring price stability over time.

Restrictive monetary policy will help bring aggregate supply and demand back into better balance, reducing inflationary pressures in this key sector, Turning then to the Outlook, although further unwinding of pandemic related