I Don't know. hahaha Dude, What's up? What's up? What's up, bro, What's up? You're good. What's up, What's up, What's up? Dude. How scary is it that this is the mind of the best Trader On this side of the Mississippi Can I blow your mind right now? Let that settle in.

Let that settle in in the world where we have: Warren Buffett Carl Icahn Ray Dalio all of them James Simmons And then this is it. This is the one who tops them all. They're all on this side of the Mississippi. Well, no.

Warren Buffett's on the other side and that's why I just tweeted out I'm looking at the other side of the Mississippi because this side of the Mississippi it's just the competition's getting too soft. really. I I Feel like I'm They put me into some sort of JV League here and it's just. it's easy.

Man, this is just easy. This is just. it's far far far far too simple for me to dominate in this game. So I think I just need we're gonna open up the competition we're going to uh, the other side of the Mississippi probably here in the near future just because.

like it's just, it's easy. I've dominated this league. all weight classes. All weight classes just absolutely dominant.

absolutely dominant. But hey, here we are. I'm happy that you could join me for the second stream of three streams today. If you're watching this live, man oh man, are you in for a surprise? Because who knows what's gonna go.

If you're watching this as a rerun, you probably know how the Fomc minutes already went, but we'll see allegedly allegedly allegedly I'm being told that Yellen will be speaking at three so maybe we're going to listen to that as well. But folks, you are so incredibly welcome for bringing your attention to both Hindenburg research and IEP and the demise the overall demise of Icon This is printing Money folks I'm gonna be able to buy my own duck farm by the time this gets done. printing printing printing they called me up. the government called me up mistaking me for Jerome pal.

They're like hey, like we're looking to talk to the money printer I was like I think you have the wrong number and like oh sorry about that I was like it's all right, it happens honestly more than you can even imagine and then uh, here we are here, We are here, we are. It's just crazy how it all works out, but you know, not only are we making tens of thousands of dollars today, the real highlight is the fact that I had a chicken salad sandwich. And if you guys know anything about me, my favorite lunch of all time is chicken Salad Sandwich chicken salad I crushed one for lunch and I just I just knew it was going to be a good day and here we are. There's a lot of naysayers who are now eating crow as some people would say I don't really know what that saying actually means whatsoever.

but I'm gonna say it without knowing it. Uh, but here they are crushing it. Absolutely crushing it. So it's a good day all around.

I'm ready for a good weekend. We're getting a couple texts. Uh, we're all over. That's disgusting.

You're disgusting. How about that? How about that? How about? how about? how about you catch me outside? Where's Matt Who's the cool? Who's the cool kid? Yeah, uh. we got rid of Matt We upgraded the stream. Um I Don't know who this stream's sponsored by? probably myself.

Sign up for the trading Community It's ten dollars a month. Hundred dollars a year and you might be thinking, is it worth your while? Yeah, it's worth your while. Look at this up. 7K After cutting already some of the position up 256 I Already locked in the test like we're ripping we're this account at the start of the week was at like 10K 11k.

We're up. 15K On the week it's 10 a month 100 a year. Or you could put in the code goonie and get one month for free to see if it's worth it for you. Check it out.

Uh, we're gonna do some sort of like Discord Connection in the future I Just need to figure out some like technical issues with it. but sign up. It's pinned to the top of chat. It's in the description of the video macross.locals.com Like I said 10 bucks a month 100 a year.

If you're thinking about it as a business like, is it worth the return? Well, just doing some basic math here. You'd be able to pay for it for 70 years off of this trade. Alone Um, so so yeah. so there there's that.

But anyway, moving on to probably what you're here about. the Fomc meeting. Minutes will be released at 2 P.m Nine minutes. Wait a second.

Peter Just said you're not a true ape Peter's upset folks everyone. I Just want you to know that Peter's upset you're not in true, ain't You're not on true ape Peter Um, Quick question. Quick question for you. Quick super super quick question Peter Peter If I may interject uh, would you I don't know like you want to talk about it.

You feel like you feel like you're having a tough time. Are you upset that you're holding bags? Are you holding some stock bags? Are you busy with Adam Aaron's balls in your hand like what's going on. We're here to help you as a community We're not gonna like crap on you Peter We're a community of people willing to help you. Uh, so what's up man.

you seem like you seem a little upset. You seem a little salty if you will. Um Peter Like right here. look at you're you're in a safe place.

Look at. look at all the outpouring of support you're already getting. We're here to help you and we get it. It's sometimes it's tough when you're stuck with an old man's balls gargling in your throat as it seems like you currently are.

but we're here to help Help us Help you. That's all we're saying. We can set up a buddy system for you I Don't know if you were a Boy Scout as a youth, but a lot of times as a Boy Scout whenever you're swimming in whatever camping Lake they had a buddy system. So basically every once in a while a lifeguard would blow their whistle and they're like where's your body just to make sure no one's drowning.

And maybe the metaphor is going to be lost a little bit here. but it feels as if you're financially drowning. so we're going to get you a buddy. So whenever the Lifeguard I.E me Blows the Whistle and says hey buddy, check we're going to be able to reach out to you and your buddy to see how everything's going.

This system only really messes up when both of the Buddies go down. So we're going to get you with someone who uh, maybe is going to work out a little bit better. but I get it. Peter You're upset at yourself and jealousy and anger.

It's an ugly look. You know, not even the fanciest of duck shirts would be able to fix it. but I think as a group effort we're gonna get we're gonna get it. Did you get a new webcam? It looks crispy, clean, and smooth.

Uh, no. This is like a full-on camera that I've been using for a while I Don't know if you've just been gone for a hot minute, like a year and a half, but we've been on the Sony A7 S3 for a hot minute? Uh, shout out to Sony if you want to sponsor me and give me one of these cameras for free. I Would love to get a dual camera setup so I can start interviewing people in person, but that's only Sony if you're watching I don't want you to feel pressured. It's not like we have the coolest community on the entire internet or anything like that.

It's not like you could potentially get a sponsorship with the best Trader on this side of the Mississippi So like balls in your car? Sony like it's completely up to you. like honestly like it's cool. No, no pressure, uh, no pressure whatsoever. But anyway, folks, so are you going to show us a trading bot on street beat? Uh Brittany we actually have some of those videos up.

Maybe you missed it, which I'm surprised because you're actually in here commonly so maybe you just had a sick day or something and I get that? Um, but we have a couple of videos up of the Bots and making the Bots, a couple even shorts, a couple videos. uh, so definitely feel free to check those out. And also in the near future we're going to be dropping an interview with the CEO of Street Beat, so that will be an interesting one too listen to. So with all that being said, I appreciate that.

Peter Peter Who is a plant helping me kill five minutes of the stream just to get us a little bit closer to the Fomc meeting minutes. Fomc meeting minutes dropping at 2PM This is not a new Fomc meeting. This is the previous Fomc meeting. uh, start of when was it at late March was it early? May Whenever it was it was a couple weeks ago I forget the exact day I Want to say May 3rd For some reason it's May 3rd right? Was it April 3rd I Don't know I don't really believe in the Gregorian calendar as many of you know.

But anyway, for those of you who believe in the calendar, at one point on said calendar, there was an Fomc meeting. This is the meeting minutes. As in all the detailed notes from that meeting, it's not a new meeting, it's a meeting that took place a couple weeks ago. and basically we're getting more insights to what was discussed, What was not discussed.

Who said what was there? Any drama? Was there any fighting? Was there any physical altercations? We're going to be finding that out. The odds aren't high on physical altercations, but it would be an interesting note to say The least. So anywho, that's what we're looking at really specifically. For a moment of seriousness, we're going to be seeing any commentary on the regional banking sector, any commentary on the Credit Crunch quote-unquote crunch, and then also any commentary of their thoughts, appealing opinions and feelings on continuing their rate hike.

Right now, we're at five percent. The cumulative Fed interest rate is five percent. The last meeting was a 0.25 increase. As of now, the FED fund rate or this Emmy watch tool is actually telling us that there's a greater chance than not that they're not going to raise interest rates in June.

But what's also interesting in July there's now a 40 chance that they will do another quarter Bips rate hike. So at first there was a big big I guess assumption that as soon as we got to five, especially given the craziness in the regional banking sector, that we're going to be down there like, okay, like you're putting enough downward pressure. Let's not break any anything else. But if you listen to the recent commentary, particularly from Bullard, particularly from Barkin, it seems like they are more than willing to do more interest rate hikes.

So that's why we're seeing a little bit down the lines: Things like July the odds increasing of another Fed fund rate bringing us from five to five point Two five. Just so everyone knows. So we are going to be speaking about this: Uh, there's about to be a little bit of a shock to the system we can listen to it on. CNBC I Just pray that they're paying Rick there to be there today Man, whenever Rick gets on screen I Just get so jacked up I Really Do? Uh I Guess this Fomc meeting is not going to move the market much, right? No, it very well could because there could be a surprise announcement.

Um, this one. It definitely has a like Recently, over the past year and a half, all the Fomc meetings have had a dramatic intraday impact on the market. So I wouldn't think that this one's going to be like damn. nothing like.

I'm fully preparing also the inflation report. so we like first example, we get the Tce report this: Friday that's going to impact the market the next CPI report which actually comes out the Tuesday the first day of the Fomc meeting. that's going to impact the markets and the Fomc meeting itself. So yes, there is definitely some serious craziness coming down the pipeline.

Uh, you guys should be fully fully fully prepared for it. With that being said, yes, Sign up for the locals Community Macross.locos.com it is pinned at the top of chat. it's in the description of the video. If you want a free month, use the code goonie.

More important than that, hit the like button on both. YouTube Rumble helps out with the algorithm, helps out with the battle leaderboard respectively. And subscribe on both. just in case we're ever taken down from one.

we have the other as a backup. Now with all that being said, let me see if I can track down Mr Rick Centelli I Do want to let you know that this one. So if you're looking at the Fomc meetings once in a while, they post the minutes. but I want you to know that it's every other one that you actually get projection materials.

So on this one, we're not getting projection materials. You know when they do the Dot Plot and all that stuff that will actually be for the next one. So this time basically every other one. Projection Materials you Skip One Projection Materials you Skip One Projection materials.

You skip them. You get the idea that they don't give us this every single time. So I just want to make it clear that it's not going to be coming out today. So in here we're going to let some people do some quick breakdowns and they have these tools that like let you know the changes and everything and we could see the serious changes between the May meeting and also the March meeting.

That's what we're looking for and it should be coming out actually momentarily. Let me make sure we are all good here. All right, that volume is up as soon as this loads. I'll bring it up so we can read it and in the meantime this is how everything's looking.

Tesla Bouncing off of 178 I Locked in my profits here completely out of Tesla I still have my spy calls I'm actually still feeling confident because the math the numbers tells me to be long in the market IEP is just dying. It's down another 11 and that plays absolutely Printing And with all that being said, uh, why are they always slightly late on this? Oops, Slightly late. Not loaded yet not loaded yet not loaded Yet not loaded yet not loaded yet? Come on, give us the answers. Welcome to Power Launcher Dr Steve Leesman for the Minute Steve leads to the Federal Service May Meeting show that Fed officials agreed the next move after that may rate hike was less certain due to uncertainty about the impact of the lagged effects of tightening and Tighter Bank credit policies that could be coming.

Many Fed officials said the FED needed to quote retain optionality After that may hike, some saw a need for additional rate hikes due to slow inflation if the inflation progress coming down had slowed, and several said that if the economy evolved the way they thought, they did not see a need for further rate hikes, but they some wanted to stress in that meeting it was important for the FED to communicate that rate Cuts were just literally this year and that they were not likely, so they wanted to retain that optionality that runs throughout. They also said they stressed the um uh it was important to raise the debt limit to avoid risk to the economy and financial systems. There were several comments on the debt limit: I'll get to those in a second I'm the economy. The FED should be ready to on on the debt limit and banking system.

The FED should use its liquidity tools to mitigate future Financial Stability could have been talking about the battery raised in a timely manner unclear tighter credit conditions though. From the banks were seen Weighing on economic activity, households and and firms um, and hiring and inflation, but they said they stressed it was too early to say what kind of what kind of effects they would have. Some saw owners contributed to restrictive Financial conditions they saw slower GDP a labor market softening and a need to reduce inflation. Uh, At the time they met, it was interesting.

They talked about banking conditions actually having improved from the worst days of the Silicon Valley bank failure. Consumer spending was strong in the first quarter, however it was expected to slow. The labor market was seen very tight. Some saw signs of easing of labor market conditions.

For example, they noted less difficulty in hiring, which however, was still too high and inflationary. I guess they couldn't afford Rick Today and again they repeated this idea that inflation beneficials, less confident on the need for more rate hikes and again on debt default. There was concern about it. expresses the market it threatens not doing too much right now Financial system and the economy by battling it out as a risk to the banks.

One final comment: the staff continued to forecast a mild recession uh, in the fourth quarter of this year in the first quarter of next due to tighter credit conditions from the banks. Guys, they are interesting now forecasting to stick around as we get a little further recession there. there's a lot to unpack uh in Steve's uh, recitation of the minutes And to do so, let's bring in Adichie Bave Senior Economist with Bank of America and Jerry Castellini president and CIO of Castle ARC Management along with Steve Leesman Aditya. Let me begin with you and and ask you to give me uh, your impressions of what the FED minutes said there and and how they comport with your Baseline case that the FED has reached its terminal rate I Think the FED minutes as well as Fed Governor Waller's statement today are very much consistent with our base case that June is a close call.

We still don't expect them to hike in June but it's very much on the table. There's basically three conditions that need to be met for the FED to hike in June the first one: 34 chance of them hiking in June The second one is that Regional Banks June 14th. The stress around Regional Banks remains somewhat contained and the Associated Credit tightening remains contained. And then the third one is that the data remain hot.

So if you get something like 200 000 on non-found payrolls on the 2nd of June and on the 13th of June, if you get 0.4 percent on the core CPI then June will be strongly in play. Jerry There are in in as I listened to Steve there and I want to go back to Steve in just a minute. but as I listen to him, it sounds like the FED is describing many many areas of potential risk in the economy. and yet the central number that they seem to have their iron which is inflation remains stubbornly high and that's a sign of an of an economy basically that is humming along quite quite well.

There are obviously Uh exogenous factors that can affect Uh price levels and so forth. What do, How do you read what the FED is saying here? How do you interpret then to the South Side Next moves may be they're trying to explain as they always do, how the current conditions are somewhere around 10th whenever they've met they wanted Jerry the underlying economic Trends were and they and they expressed that. The more important thing and the thing they led us to believe in these comments was that their job is basically done. Uh inflation.

Any effect on inflation has to take months to impact from a policy perspective. And when you put the policies that they've put in place five percent increase in rates overall in the last a year or so, there's more than enough headwind against inflationary forces to see and expect to see that decline now. But basically or continue the uh, the kindest hands. So and I think it's I think they're done so I think so I want to hit that with with Steve if I might Steve Do you do you hear it exactly as Jerry does that as he said twice, Give us everything they're done.

Do you see it that way? Okay, I'm gonna do a little English lesson here, which is Federal Reserve English which I believe comports Astonishingly with the actual English Language guys, if you would call up the uh lower third there, that says several participants basically think we're done. That's not exactly what it said. that's one. On the other hand, some think there may be more to do.

several is more than some. So where are we? We're at a place where more people believe the FED is done though not everybody believes that. and Tyler when you got through the fact that there was a lot to unpack here, you're right. there's a lot to unpack because there are uncertain risks to the economy and there's a sort of a difference of opinion of the effects these factors are having on the economy.

Some seem to think that the banking issue is much more important. Something seem to think hey, we got through that. it's not a big deal. Looming over all of this is the debt ceiling Crisis Coming as a kind of wave to the from the right of this thing are the lagged effects of of of uh of the 500 basis points of tightening already in the economy.

Waller Put it well today when he said the choice is between a skip and a pause, a skip is we're going to skip this meeting and come back and Hike later Waller seemed to indicate that was his preference. He's a bit of a hawk, but it looks like to me given the fact that it's several more than some. At least it was in that meeting that more people are inclined to pause rather than Skip And you know again, the the importance of what Christopher Waller is saying this afternoon I think is is worth emphasizing so a DL turned to you on that. Um, when you read over his comments, what do you think of the next move in the next couple moves are Waller has been the best leading indicator in my view of where the FED is going.

A little bit hawkish, but the FED has turned out to be more hawkish than it initially thought it would be. So I listen very carefully to Waller I agree I mean Waller laid out the options of hike, skip, or pause and he essentially said I'm not in favor of a pause I'm weighing the options of hiking or skipping. The difference between Skip and pause would be skip means you don't hike in June but you retain that bias to Hype going forward and that's our base case. They won't hike in June There's enough uncertainty still about potentially the debt ceiling, but also tightening of credit conditions, but they'll retain that bias to hike.

They'll certainly want to keep the optionality to go again in July because the labor market isn't slowing down nearly as fast as they would have expected and inflation on both the goods and the service Society Laid this out right. that's not getting better as fast as we would have expected. Used car prices up four and a half percent. Uh, in the last reading.

So that that took away some of the improvements we've seen earlier Jerry You get the last word. My only point is the we're we're dancing on a needle. All of these end of is that a thing that's happening? It doesn't matter, we're they're trying to set in motion the best possible outcome for 2024. That means their work is done.

Whether it's one more little quarter basis point. it doesn't mean anything. It's about how we project going into next year or which we now have plenty of tightening in. I think it's The Confidence Game and now it's a question I Like what he said, how weak it gets and I think the next form of speculation will be when they're going to ease and I don't think that's relevant either Nvidia Picking up as if investors get to now anchor around the FED being basically done with their job and we get to buy stocks and bonds based on that premise.

Folks, thank you very much. That was fun. Adica We thank you, you know I I Have to say Kelly I We we've done a few of these fed minutes and I Go! oh they're fed minutes. This was interesting.

Well this had more more information I think this was interesting. it was meeting set us up Netflix he knows what's up users I Always gonna say that but I was a little nervous but he's right, it was the meaty one. My mother-in-law is going to be super super meaty Wall Street Obviously likes anything early. Pundits are actually saying it might be one of the most girthy Fomc meeting minutes we've ever gotten.

So that's exciting. That's uh, we all knew it would be a big one. but the girth the mean on this one. Um, it was a crazy one.

It was. uh, it was. It surprised us all. Welfare's watching.

literally. Oh man, what's the market doing? Not much right now. my question for all of you know. uncertainty.

So a price hike? Jump Around Find out. Yeah, that was a girthy Fomc meeting for sure. A meeting minutes. Uh, remember that for next time.

Does anyone? Is it confirmed or denied? If Yellen is speaking today is Yellen Speaking link Uh, keep looking but not seeing. Does anyone know Yes No Maybe So Raise your hand. Um, this isn't a trick is Yellen speaking today at 3 P.M Does anyone know Because if so, I'll find something to cover. No yelling I hate Yellen She spoke earlier.

Yeah, but she's speaking again Yellen she's not speaking. she's yelling I Feel like maybe you guys aren't being as like helpful as you could be. Uh oh, the market given up some of those gains now. No, we were looking so good.

everything's going the wrong way. The Spy supposed to be going up and IEP is supposed to be going down. What is this? What? What is this? I Want a refund if I lose on these trades I Demand a refund I demand a refund. Let's see what Bloomberg's saying about it all.

GOP Biden Negotiators resume talks amid debt default impasse. Dude, come on. Bloomberg Why are we here? The Democrats do not want to come off their spending eviction and you've got to think. isn't it reasonable if you're at the highest percent of Taxation in America more money coming in at any time in GDP but there's more spending than at any time based upon GDP So you're spending more than you've ever done.

You've got more Revenue than ever coming. and I don't understand where Democrats think they can't find one dollar to cut it Took them all this time to say oh well, we're willing to freeze. No, you've got to find ways. Just as every household would, you have to spend less than we spent last year.

That is the starting. How much less? Well, that's part of the negotiation. Democrats Don't even want to spend less? They want to spend more. That's unreasonable are you when you're spending more than at any time in American history? But you're bringing in more money and helping all that.

you. You have the highest debt ever in America So you get more money in by Revenue but you spend more than any time and you have the highest debt ever. I Think it's reasonable at this moment in time. I Think if you listen to the American public, that's what they're saying.

find ways to eliminate the rents And that's what we've been doing. That's why on February 1st I sat with the president. That's exactly what I said to him: you can't raise taxes and what's he talking about Now we need to raise more because I want to spend more After you've already done that, you've set all the records you want to set. Once the Democrats took the majority, this is what they brought us and in doing so, they brought US Inflation Earning every family.

They made us more dependent upon China by their policies and they made us weaker when it comes to our own energy. That cost us more. That even brings more inflation. It hurt the supply chain.

We are trying to correct all that and they're fighting us every step of the way. A few days ago you said that it was productive, not progress. I Mean how close are you at this point are you making progress? Well, I Still feel they're productive. The talks.

Um, I'm hopeful that they come back that they realize what the American public is telling them as well that you cannot have the highest percentage of debt and spend the most amount of money while you're getting the most amount of Revenue in that you've got to change that behavior just like you would do in any household. And I'm hopeful as they come if they come back today that they realize that I like that as a through metaphor because he's basically saying we're a family and I think that's nice I Honestly think that's really nice Kevin McCarthy Seems to be the kind of guy who's pitching us the concept of we're a family Like in any household, when your family is overspending, you gotta cut it back and that's what the USA of a is the family. We're basically all roommates. Everyone in here, you're a roommate.

I'm a room. We're all roomies. We're just one big family. I Like that that that's a message I could get behind because do you know who else was supportive of a family? A hero by the name of Vin Diesel in the Fast and Fury Eye docu-series of how a lowly car thief could actually save the entire world.

And do you know how he got there? Do you know how Mr Vin Diesel and his crew went from robbing trucks to saving the universe? That's right, family. The exact same thing Kevin McCarthy is pitching to you right now. Can I blow your mind right now? Can I can I blow your mind right now you see me connecting dots and I think the only logical conclusion from all this is Kevin McCarthy is Vin Diesel Vin Diesel is Kevin McCarthy I Know a lot of you at first are going to find this to be quite an upsetting statement, and that's just because it hasn't settled in your system. and it's probably something that you're going to find physically emotionally, but potentially metaphysically unsettling.

But I'm not afraid of saying the truth. I will tell you folks what you need to know and even if the truth is uncomfortable, you need to accept it. and I'm just I'm just the person pointing out some obvious pieces of evidence and that's what you guys paid me all the big bucks for. That is what you pay me all the big bucks for.

Appreciate it Much love. Uh, did we get anywhere on the whole Yellen thing is she talking? Is she yelling new bottom coming in for spy I Hope so because I'm long on the Spy because that's what Math told me to do. But I'm starting to agree with those people who say math is racist. Uh no, he just watched the new Fast and Furious and Furious Lambo Is she speaking guys? Uh, she went home after speaking she's taking a nap.

Is it Yellen's nap time yelling at the Speakeasy Yellen is taking powder with pal not speaking now 404 can't spell math without Matt am I right Here we go. here. we go. Um folks.

I do want to shout out something to you and I don't mean it like aggressively, but I just want to inform you of this: I have uh 25 puts left on IEP 15 in this account, 10 on my interactive brokers account I'm attempting to sell five more of these at seven dollars I'm in at 185 and by the time you go up 270 percent, you need to remind yourself that bulls and bears eat in the market and do you know what happens to Hogs They get slaughtered. That's why we have bacon. So the fact that bacon exists shows you you shouldn't be greedy in the market. So it's time for me to scale out because I have bills? Do you think that these duck shirts are free? This one actually was free because someone sent it to me.

so that's a really bad example. But a lot of duck shirts aren't free, which is why you need to be pyramiding out. You don't have to go all in and all out. Don't worry about this concept of I guess top ticking, bottom ticking if you do it.

Congrats, But it's pure. Look, you want to go for the meat of the move. You know how? we just had a really, really, really meaty Fomc meeting minutes. Think about that same situation.

you want to go for the biggest piece of meat related to a trade possible. So uh, we're a couple cents away from me scaling out ever so slightly. And my bad. My bad analogy aside of the fact that this shirt was free.

So sometimes fashion is free. Um, you get my point. like I'm not going to always have the best metaphors for you people. Peter Are you still here? Love to chat? Peter P Peter Peter did Peter Peter out Peter Peter Peter Peter I Feel like we're both from District 12.

in the United Star-crossed lovers that at first don't really get along even though you've Loved Me From Afar forever, you're just a little Baker Boy and I am a rogue Hunter a dissenter of the city. and then we are chosen in a battle to the death and only one of us can live. But our love for each other is what allows us to both survive. It's not District Nine Egg, you don't even know your districts.

It was District 12. come on. Peter I Would eat poison berries for you. The question is, would you eat poison berries for me Peter He's just.

he's gone. He's he's a shy guy. He's a shy guy. Probably shouldn't keep accosting the people in my chat.

Probably not the best streaming tactic if you will. Well, if Yellen's not speaking today, we might as well kill this particular one because we're going to be back this afternoon with good old Elon Musk and uh Ron DeSantis announcing his presidential run. We will be streaming that. We'll start at 5 555 555 5 Cubed Five Five Five Five Five Five Five Five Cube 555.

That's E.T By the way, I do everything in ET because I Live down the east coast and the east coast is like the only realistic time zone Did that get affiliate out of No. What are these doing I was wondering I feel like it's close, right? It should be close. Uh well. if IEP comes down a little bit more, just so you know, I'll be locking in some of my gains.

Um I Just want that to be well well known. Is it like I want to do it with you guys on stream? All right, let's just cheer it on. they're at 6.95 right now I'm not actually doing anything but we could see it. So I'm actually the Ask: Someone's trying to slap my ass and well as soon as they do, I'll get my money.

Someone just needs to come through and slap the ask. this. The Theta burn is only five cents. That's not bad at all.

Come on, come on up a dude out. do you one of you guys want to buy it? I'll give it to you for a sweet sweet price of 700 per one. 700 times five. Oh that's 3.5 K We're about to lock it like it's so like I'm a tick away I don't know what's going on here.

they're just like not giving it to me I am the ask? it is me Hello I am ask I am I I'm the ask should I order pizza. Yeah, as long as it's dude, come on, it's not even. It's not even fun if I don't make money. well I guess it is what it is.

but I don't want to burn much of your time. Super super bummed out that the Spy is not ripping right now Tesla Had a nice pop. We talked about buying this breakout. Worked out better than you could have possibly imagined so that was a pretty nice one.

Um, in videos moving upwards. remember after the market closes today, Nvidia is reporting. uh. very important thing to note.

Uh, maybe similar to a couple weeks ago when Apple was the only thing that was having a good one and it saved the entire Market Maybe that will happen with Nvidia The plays that I'm currently worried about are my spy calls that expire next Friday I think I did it at I Want to say 4 16. um I doubled down today to lower my average by 50 Cents which I thought was worthwhile. Uh, and then I was really feeling good about it when we got this big pop and that was heading into Kevin McCarthy the Speaker of The house's discussion today and then he announced that nothing happened and then we almost popped again with the excitement going into the Fomc meeting. and then there was nothing too exciting there.

and now we're just chilling right above a major support level at 4 10 25.. at this point I would love to get out of those calls for break even maybe a little bit of a profit. but I do want to let you know that I'm still confident it's a confidence game. That's what trading is all about.

It's just are you confident or aren't you confident? and I know mathematically. Today, tomorrow and the next day from a seasonal perspective are all pretty bullish. So I'm just hoping to catch one of those days. and I hope that we get a pop from here.

So right now the Market's been getting pretty beat up. We do have an upside Gap fill that I think is worthwhile to discuss for 13.68 so I'll be watching that to the upside. Uh, obviously it needs to get above 412 and then after 412 we're watching 413 and a half and then from there for 15. However, if in the bear scenario we break down below 410 and we hold below 410, then I'm watching for 407.25 That would be my downside.

Target So I'm not really leaning bullish or bearish I'm just waiting for a nice trim. It was a nice bullish Trend It was a nice bearish Trend And the question is when is a new trend gonna create itself or is the current Trend going to continue? The only reason I really switch out of my bearish position is exclusively because of seasonality I have no special insights or Vibes or I don't know hardcore analysis of the debt negotiations, of what's going on with the Fed and inflation. The banking sector no I just looked at hey, this period of time was very bullish over the last two and a half decades. I Think it might be bullish again.

Obviously, thus far that has not necessarily played out in my favor. but we'll see, we'll We'll definitely see. So for now, that's what I have for you. Um, make sure you sign up for locals pinned to the top of chat.

it is in the description of the video. I'll be streaming again today if you're watching this live. Just so you know, at 5 55 in about three and a half hours, we're doing it right before 6. PM Because that's when Ron DeSantis The Governor of Florida is going to be going on a Twitter space call with Elon most likely announcing his presidential run and I feel like it might lead to some fireworks and some fun stuff.

So I figured why not stream it all together so I'll catch you guys. Then we're doing another stream today. Hope to see you there! Whatever you're doing for the market today, especially in the tech sector, please, please please pay attention to what's going on with Nvidia because Nvidia's reporting earnings right after the market closes. Then tomorrow morning before the Market opens, we get the GDP report and then on Friday before the Market opens, we get the next inflation report.

The personal consumption expenditure report is like the CPR report, another important report that will have an impact on the Fed and the Fomc and what's going on with inflation in a general sense. So the next couple days are all high high octane, just like the Fast and Furious franchise. So please be prepared and also make sure you're doing it with your family. That's what I have for you right now.

but I will be catching you later on at 5 55 p.m ET today to listen to what Elon and Ron DeSantis Have to say that's what I have for now I Appreciate all the Good Vibes Peace out.