We gon na take on the world we're gon na take on the world is no, we don't want to lose now we're gon na take on the world on the world. Hello, hello, hello, it's about 30 minutes out before we get going with how dumb we can be with our money today on wednesday may 25th and boy, oh boy, should it be a fun day? Yesterday i got my ass handed to me. I have to admit the tesla play is up right now, but my futures trade, all those nice beautiful attendees i made over the past week - have disappeared into the ether. So i'm going to need you to help make back some of that money, because the last you guys are all my financial advisors, so we will be getting into some degenerate.

Obviously, when the market gets open today, but uh there are some things we should go get into. You know, discuss and all that beforehand, as you guys can see, i was messing around with like streamlabs and nightbot uh. It's just a test right now, but we will be doing a giveaway. Today's stream is sponsored by attendees and lou my connection over attendees.

He was so jacked up about the 500 giveaway. He wants to do it again so later on in the stream. After we have a good old time, maybe around like 10 a.m, something like that we will be giving away another 500. So obviously you might as well at least stick around for an hour to get that money for free uh.

We were just trying to figure out like a new raffle methodology. Uh all right. This is getting a little excessive. This is just a test raffle.

I was trying to figure it out. I'm surprised it's actually working. I thought i messed everything up. So we're going to give away 500 later, obviously shout out to tenties, with all of that we're going to get into some of the big picture stuff and have some stories for you.

Then we're going to decide. Are we going green or red for open to try to make some money because i got ta, make some money back and then we're gon na see where the day takes us, so it should be a fun exciting one. Let's switch this over. Obviously.

So if you want to be entered in any of this, you got ta just go to attendees uh. It's pinned to the top of chat. It's in the description of the video just download it. It's free, f-r-e-e, no credit card, nothing like that.

Just download the app and get it rocking, it's pinned to the top of chat, it's in the description of the video. So if you want to play part in today's uh opportunity for to make free money, uh just get rocking with attendees, obviously shout out to them. For not only sponsoring the stream but giving away money to the viewers, i absolutely love it. So here's a quick snapshot of the market, the s p 500 sold off in the morning then ripped uh.

It was a weird weird day for me and i just got absolutely brutalized absolutely whipsawed tesla. I still have those puts just to give you guys an idea of what's going on right there. I want to show them to you. So, as the market closed yesterday, the tesla puts uh were at up 21 and the veru puts were up 6.4 in terms of tesla.

I had the 6 30 puts for this friday and in terms of veru. I have the 1250 puts for june 17th, so both of those right now in the money, but we're going to see how things go when the market like actually opens um. So we're going to see how that all is rocking in just a jiffy, and i right now have no live position in the overall futures market. Just so everyone uh is kind of up to date there, but we will as soon as market opens based on your votes before we get into all of that, i want to recap some important stuff that happened yesterday.

That kind of explains why we saw a little bit more green sales of newly built homes tumbled over 16 in april, while prices soared. So basically they were expecting 750 000, but there was only 591 000 and the prices are going up new homes going down. So it looks like some of the real estate market, maybe a little bit more soft than economists expected on top of that we have this mortgage demand slides further, even as interest rates pull back slightly so right. There you're like well hang on those are two things that don't really seem the best.

What what in the world is going on? Well, remember: if the economy is super strong, the fed has no reason to, but to be more hawkish to fight inflation, but all of a sudden if the economy flashes some not so good signals that actually ends up, meaning that well, okay, maybe they have a little Bit of leeway to be a bit more dovish and being a bit more dovish, a side effect of that is better for the market, so the stock market ends up popping. So we're in a weird catch-22 scenario: where, because of what's going on with the fed and inflation bad signs for the economy, you can actually see kind of a counter-intuitive like a paradigm reaction of the market, actually going up now pattern wise recently, whenever we've seen any Pops over the past couple weeks, really, since the start of the year, all those pops, the money play has been to short those pops, because the market ends up coming back down. I do believe that's going to happen again, but you just never know how big the pop is actually gon na be. But overall, when we're talking about inflation, hawkish dovish, it all leads to this fed swaps, no longer fully priced two half point hikes by july as in the economy, starting to show those signs of weakness.

So now people are saying: well, maybe they're not going to be that hawkish with the 50 bips rate increases and if they're, not that hawkish well, that is a little bit of really for the overall equities market. So i know it's a little counter-intuitive and a little wishy-washy, but i just wanted to break down really what we've been seeing in the short term. Global stocks stabilize after tech sell-off, but investors focus remains on darkening economic backdrop, so basically we're getting a little bit of a breather. We don't even need to get into the fancy.

Schmancy words. Ever since the start of july we've been in a bear trend. We almost reversed the trend around march 29th, but it was swap it was smacked and it just the rug pulled and we came down down down down downtown to the point now that we're clearly at the support of 387 bounce bounce bounce, bounce, 387. 385 - let's just call it the 385 to 387 level.

This is a key shelf. This is a key support. If that bounces hey that's a tradable play, maybe up to four tennis if it breaks below, then i think that opens downside to go most likely cracking through 380.. Now i do want to point out, even though we've gone a bit lower, the rsi is a bit higher that is referred to as bullish like it's called bullish divergence if you're, comparing it with the rsi, the price action's gone lower.

The rsi has gone higher with that new low. That's the mismatch, i.e, there's less bearish momentum, i.e, more bullish momentum at the new low, as in buyers, are stepping in, and maybe the sellers ran out of steam just for a little bit of technical teaching, but anyway that doesn't really matter the name of the game. Today, i think, is gon na be this. I think we could actually make it really simple.

Are we going to break above 397.73 and hold that, if so bullish, or are we going to go below 387.11 if we hold belat below that bearish? I think it's honestly that simple: are we going to get a new uptrend, or are we going to continue with this downtrend after we've recently stalled out? Those are the two numbers i'm watching and i know it sucks because that's a 10 region, but it's just like we've seen over the past couple days, you're getting some pretty serious whipsaw. So maybe sometimes with the larger ranges. You want to be confident that you're actually outside of that range playing whatever the new trend is because, if you don't and you're like me, you could just get whipped. Yesterday in the morning we went long, it started coming down.

I cut that for a loss. Then i went short and i did not lock it in like some sort of dumbass and then i let it rip. And then i had an opportunity to get out for a break even on the day and i did it and then i doubled down and then it went up more and then i lost money. And then i was sad and then i cried in the shower and i was like i thought you were supposed to have potential and i was like okay.

Maybe you should just stop for the day, because at least you're up on tesla at least you're up on veru, and at least you have a chat of thousands of people who are going to help you earn that money back. So i can't cry over spilled milk. I was being a big old yesterday, but hey today's a new day. We cannot live in the past.

Speaking of today, the dow, the s p and the nasdaq are all in the red oil slowly, but surely coming up i'm going to drill it in your head. Watch for oil to break out of 115 because i think it can rip rip rip. Big short investor, michael bury aka christian bale, compares the market slump to a plane crash and hints tumbling stocks and home sales, remind him of the housing bubble, bursting tumbling stocks and swallowing home sales. Remind michael brewery of the collapse of the mid-2000s housing bubble.

The investor of the big short fame hinted in a now deleted, tweet on tuesday. This is kind of his thing. He likes to tweet a lot and then delete it, and i know he gets a lot of of like you're, always bearish or always better. She always bears, and if you always say the same thing over and over and over and over again eventually you're gon na be right because that's how the market works, it's a pendulum that goes back and forth back and forth.

So if you're always saying the one thing, eventually it's going to come around and you're going to be right. So it's more of a timing thing that i care about like great. You can be bullish. You can be bears but give us your time frame because other than that, if you're just saying i'm generically bullish or bearish well, you can then just use whatever time frame.

You want to show that you're right, so it's kind of whatever, but he was early in the whole 2008 thing, but he held it long enough that he ended up making a shitload of money like probably way more money than i'll ever make in my life. And this time around he's been calling it for a bit now for another crash and okay, is he right or wrong? I do think we're going down. I do not think we've seen our year, our yearly low. I think the market in terms of equities and crypto is going to go lower at some point this year, probably by a pretty painful degree.

But once again, does it really matter if you're not giving it a time frame, it's great just to be generically bullish or bearish, but how is it useful if you're not giving out a time frame uh? I know i'm saying that, and i guess i'll be a little bit more specific. I think we're gon na see a pretty serious sell-off sometime in the next three to six months, three to six months, maybe if we even wan na like somewhere in that timeframe, the next quarter two quarters, i'm looking for some serious pain, really leading into the election Cycle, that's my prediction. Am i right, i don't know. Ned knows more about the market than i do, i'm just throwing out a generic guess here.

Folks, anyway, back to christian bale, as i said about 2008, it's like watching a plane crash. It hurts. It is not fun and i am not smiling, i knew what was happening, but there was nothing i or anyone else could do to stop it. Berry added that the last day of 2007, he was so upset by the catastrophe to leave his office and go home to see his family.

This time around more broadly, berry has predicted. The next market crash will dwarf the 2008 bus, which sparked a global financial crisis. He sounded the alarm on the greatest speculative bubble of all time in all things last summer and warned retail investors pouring their money into meme stocks and cryptocurrencies that were barreling towards the mother of all crashes. Is he right? Is he wrong? I don't know hindsight.

Bias is 20 20.. It's one thing the monday morning quarterback, but we're in the game right now. I don't know if we're actually looking at the mother of all crashes, i don't know if it's really necessary to fear monger in that degree, because that's not really. I don't think that's a tradable style i like to play from level to level if we're in a downtrend i'll play those levels to the downside and for an uptrend i'll play from level to level to the upside.

I'm not here to make some like grand prediction of we're ripping to the high heavens or we're falling to the depths of hell, because i think there's just so much luck and unknown variables involved in those types of call outs. You never know if the country is going to get invaded. You never know if there's going to be a once in a generation pandemic, you just don't know these big things that have huge market influence. So for me it's easy to like stick to mind game play.

It from level to level in kind of the short to medium time frame. Other than that. I add to my long-term account on the equities and cryptos that i like, and then i just sit there and look pretty, or at least as pretty as i possibly can. Twitter's stock has fallen so much that elon musk's, 1.1 billion profit is now a 40 million dollar loss.

Well, i know that sucks 40 million burns like no one - wants to lose 40 million, especially because twitter's been getting pretty beat up lately, which is kind of saying that um there's less trust in the deal going through at the 5420 level. You see twitter right here. Getting slaughtered, in fact, ever since running up to that 5420 twitter is now down 33, but, alas, don't forget, it's elon he's still a multi-multi-billionaire. Still the richest man on the planet - elon musk, is no longer part of the 200 billion club, as tesla stock continues to slide, but he's still comfortably the richest person in the world.

So i get it boo hoo. He no longer has over 200 billion dollars, but is there any difference between having a hundred billion or 200 billion? Nothing changes in a person's life when you're already the richest man, boo hoo, it goes up. It goes down you're still, the richest man. You can still buy an entire country, you can still buy it, probably an entire continent and do whatever you want.

So i don't think he really cares too much of being out of the 200 billion club, which is currently has zero members, and i don't really think he cares much about the current 40 million dollar loss on twitter when he has roughly 200 billion dollars. In terms of specific stocks, i did want to bring up that. Gme now has a one-year high short interest up to 26, the cost to borrow sky high at 59 utilization 100 shares on loan of 22 mil gme. It's trending strongly in the way that got people seriously burned before and when i say people i mean people, betting against gme.

Is this time around different? I don't know, i'm not clairvoyant. I can't tell the future, but i did want to share that. The short interest is at a one-year high and in terms of short interest for amc, it's 22.2 percent cost to borrow still oddly low utilization, still maxed out and shares on loan 166 million. We will be talking about crypto later, but overall range bound range, bound range, bound, loop rings, looking good because remember with jimmy, don't forget they just came out with their wallet.

The wallet is backed by loopering, but the nft marketplace is going to be backed by immutable x, so loot bring lrc doing better than the rest of the crypto sphere and in terms of the rest of the crypto sphere, pretty much range bound with a tint of Bearishness kind of at the bottom of the range and the question is: is it going to be able to hold or is it going to break through so basically will bitcoin hold 28.5 000? Will ethereum hold 1900? Will solana hold, i don't know, let's call it 45.. That's the question and we're here to see how this all plays out today. Speaking of today, let me actually get the poll up right now. Uh tell me what you think: the market open is gon na be not necessarily the market.

At the end of the day, i want the market open. The first couple minutes: do you think it's gon na be red? Where do you think it's gon na be green uh? You can vote on youtube and then i'm gon na come over and look at what you guys are voting on rumble. I have to admit the rumble vote yesterday, crushed it in reality, both were gon na be right if either way would have made money. So no one was necessarily wrong.

Yesterday, uh, but in terms of just like expediently talking about like how quickly the train was entered and exit, i have to admit the rumble crowd crushed it. Yesterday, uh hang on luna vote pass. Okay, t-money we're gon na be talking about that. It looks like nightbot is a little aggressive with the spam stuff uh spam protection.

How do i change? How do i make it just chill a little bit. The filter lies: spamming. Excessive symbols, uh disable excessive emotes disable excessive symbols, disable okay - i i just updated it so the spam should be a little bit more chill because, like it's against caps, but we talk about ticker symbols a lot, so there are chat tip or that type of that's Common uh, so, okay, i just updated it, so i think it should be a little bit better uh. I think that should be good and then something else is going on with this giveaway.

Is this gon na work today? So i have streamlabs and nightbot, and this is the test one. Hence why it's called test, but does this work mike g is your winner? Well then, how will i pick congrats mike you would have won, but then how do i get? I need to figure out some of the specifics. Giveaway settings start giveaway, repeat giveaway. I wan na, like i need to get people's cash apps and vemmo names.

That's like the main thing. I need cash, apps and venmo names uh. So we're going to come back to that at 10 a.m. We're giving away 500 well, i'm not attendees is all you have to do, is download, attendees and then obviously be here so mike g, i guess what we're gon na have to do is as soon as a winner is picked right away.

I'm gon na have to get their vemmo or cash up like they're gon na have to comment it in like or like a mod will have to grab it um mike g. Congratulations on winning the test! One! That's just pure luck! So i i think you're gon na crush your trades today, mike's, probably like son of a um like last week, we're gon na give away three one hundred dollars on youtube and then two one hundred dollars on room bao and it's going to be a fun one. I like that, we got this somewhat figured out. I like that, we got it somewhat figured out later on we're going to talk about adam newman, the guy from wework and we're going to talk about.

What's going on there we're going to talk a lot about crypto blah blah blah blah blah blah. We have quite a few things to get into. Obviously we're going to be looking at the flow of options yesterday noteworthy bearish. I also wanted to point out when the market was closing, look at this a wall of puts a wall of puts.

So that's what we have going on there durable goods came out. Okay, okay, okay, oh i did want to share just in the futures market. Some of my levels that i care about uh, let me get rid of this one. Where did i care about three? Eight? Six? Yes, okay, four, oh doo, doo doo, i care about 440.

These are all my various targets. 3975 is one target. Let's get rid of this and i'm missing one or missing two: three: nine, two: five right: where we're at right now, which, let's see how this when i'm saying i play level to level folks, this is literally exactly what i mean. What level are we in? Are we gon na bounce and go up to one or we're going to break down and fall to the next one, so in terms of the stock market? Today these are the levels i'm watching, as you can tell we're right at one of these levels.

I think if this breaks down we're coming to 3890, which is equivalent to 390 on the spy pretty much you just move the decimal over and you're roughly in the same region when you're looking at the futures relative to the s, p, 500 uh and then we'll See that, but then, on the upside, if we bounce off of this, i'm looking at basically 397 398. So those are my levels in terms of technicals. You guys are getting your votes in. Thank you.

Thank you. Thank you. I'm gon na have to make sure the code is all ready. Actually, how are you guys voting uh you're already voting red? What about rumble rumble rumble rumble rumble rumble rumble.

Are you guys voting red or green today at open tom mcdonald is saying red tom mcdonald? Is saying red? Well, what are other people saying monkeys saying right, so we have an interesting day where both rumble and youtube are red. Today, both are red uh, i'm public. Is there a waiting period after i deposit before i can trade, i'm sick of td ameritrade and the restrictions? Well, the money has to hit the account dustin, but once the money hits the account you should be good. My face is very punchable.

I agree. I i myself have many thoughts about how i want to punch my face. I don't think you're wrong. I hate android users.

Apparently, yes, how'd, you know, does rumble, have a dark mode, they're rolling out with it. They are rolling out with it. All right here is where let's do this uh? Okay, so you guys are pretty much saying short at open. Look at this, you guys are saying red.

I agree with you on the day. We're gon na. Do the official call out for that market today? Everyone wants to know, is it gon na be a red or green day, and my official vote is red red red red? That's our vote for the day. We're gon na use our moon to start voting on market markets movements and that's my vote on the day is a red one.

That's not espresso. It is espresso, it's actually like kind of a a lemon citrus zest, one that i got from nespresso. But let's not talk about them too much because they're not paying for a sponsorship. I would love to be sponsored by them.

Okay, so the code is ready mentally. Am i ready honestly, i'm not? Yesterday i had a rough day in the market, and i was kind of thinking about, am i still gon na be until today, so maybe i'll take it a little bit. I don't like taking it a little bit easy like that's. Never fun, oh, should be interesting.

Should be an interesting day, to say the least, someone said: look at the gme cost of borrow it's up to over 50 percent jimmy the short is going higher and higher and higher. Why are people calling for a boxing match between you and tmi uh? I don't know, probably because i don't know i saw like well recently - the biggest finance youtuber graham stefan was in a boxing match and then other people were like well, hey, maybe like more people should do boxing matches the only issue with it is like. I don't know how big tmi is and like guys, i'm a little chubby. If i'm being honest, like i'm thick, you guys, i just weighed myself the other day, i'm 190 pounds and i'm not a fighter.

I have no training in fighting, but for people who are of equivalent levels and unless tmi knows how to fight. Unless anyone knows how to fight like isn't weight. A big thing like isn't that, like shouldn't, you be roughly the same size, i'm 510 190. and like it's not like a muscular 190., it's not like! Oh wow, matt, like what are you on? Are you doing a cycle of trend? Are you on creatine? Are you keto? No, it's not like that.

People look at me and they're like matt, chill out with the oreos bro like it's, not a cool cool 190.. It's not like a it's not like i'm gon na get called up to be on like a modeling page for 190.. I don't know we'll see how it goes. Okay, we have about five minutes.

The code is ready. Let me see if this is all ready. Yes, yes, yes, and i'm just checking this out, so we are gon na go for 500 right out of the gate, and then i would love honestly to see a. I don't know it's interesting, because this 3925 level is so incredibly important, so i'll be watching that and if it breaks down, then i'm watching 3890 and then, if that breakdown, i'm watching 3860.

But if it holds here, i'm actually looking 50 points higher at 3975 and then that will be followed by somewhere around. Let's just call it 4025 4040, something like that. It'll be an interesting day. Yesterday i thought monday was an easy day to call uptrend and then before the market opened yesterday, i was like this is going to be a whips all day.

It's going to be really tough to trade, so even knowing that i was still a and ended up losing money in that exact whipsaw today, i think we're gon na get the start of a nice trend. I just don't know the direction. So that's what i'm waiting for today, it's honestly as simple as this in my mind, if we break above 397.73 great, let's go up to 400, let's break above that, let's run up to like 406 408, something like that on the flip side, if we break below 390 things will look iffy and then, if we break below 387 things will look really iffy. So today i think we're gon na get the start of the next trend, the start of the next trend - i don't know if it's bullish, i don't know if it's bears.

You got ta, be patient, wait for the bullish breakout to the upside or wait for the bearish breakdown to the downside. That's what i'm personally looking for. Am i right or am i wrong? Well, i don't know if i'm right, i'm gon na brag about it and i'm gon na hurt my shoulder patting myself on the back. Excuse me and if i'm wrong, i'm just gon na hope that you guys quickly forget about it and i'll.

Hopefully, just like move on to the next crazy asinine thing to make you guys forget about my wrong prediction on public platform. All right, we did that. Why are people calling for a boxing match between you and tomorrow? Are they not aware of the thickness needing its own moon? It's not even a weight division. The young man is tiny, super tiny.

It would be uncomfortable to watch he's a coat hanger for a mask and a hat i didn't think tmi was that small, the fomc? Okay, so it's not an fomc meeting day, but we're getting fomc meeting minutes. So, basically, from the last fomc meeting, you get more of a detailed breakdown of what was said. What wasn't said those come out at 2 p.m. Today, it's not a normal fomc meeting.

I'm pretty sure it's an fomc meeting minutes day where basically there's a big document that comes out 2 pm et and we find out what other things was said or wasn't said, especially if it wasn't like asked in an interview uh so once again: 2 p.m. 2. To 2 p.m, fomc meeting minutes: it's not an fomc meeting, it's basically a wrap up of what happened in the last meeting type of a thing. Tmi knows how big you are i'm guessing.

He knows his way around a ring. It does not matter how much bigger than you are. If you are tired and can't raise your arms to protect yourself, i agree. Uh i mean if he knows how to fight, i would lose.

I i don't know how to fight like i'm not trying to say like. Oh i'm, like some secret expert boxer. Do you know how many times i've boxed in my life zero zero, zero zero? My cardio workout is when i'm like quickly rushing during a commercial break from my couch to my kitchen to get a bottle of sangria a handful of cheeses, and i want to get back before the commercial is over, because i don't want to miss what i'm watching. That's my cardio workout.

I don't know how to fight. I do cardio if that counts as cardio, i would say a couple times a day because, like after stream, i'm tired, i want to watch tv. I want to crush my sangria and my heart rate gets going a little bit. I'm excited, i'm excited for the show, i'm excited for the jesus, i'm excited for the sangria and i did a little bit of a quick like shuffle run.

So i don't know if that makes me a fighter or not, but if it does, i don't know he needs to. He needs to watch out. He needs to be ready all right. Where are we at ooh we're about to go all right? Let's make this money, we have seconds seconds to go all right.

What the happened there, what is hap, why does it say multiple things? Is that right it didn't multiple orders, i'm confused. Why are there more like? Why did it drop i'm confused order filled. I'm really well, one of them filled the other one. Didn't i'm confused? Something happened, i don't know what happened in the code, but one one of them hit and the other one didn't hit, but i think we need both to hit to hit our 500.

so far. It locked in 152 i'm seeing realized profit and loss 152, but i would have preferred that it filled the other one first. I don't know why. I did it in two.

Two batches like that. So, like half of the position got filled, but it wasn't half the money it now we're just in like an awkward. I don't that was weird and like i had to squint to see it and now, of course, it's going the other way. Just my luck come on just give us our money.

This is let's not mess around that was stupid, come on come on what the was that, and it even came down to it. I was just one of these dumb dumbs that didn't get to fill. It's all right, i'm not sweating, you guys are right. This is gon na come back down and i'm gon na make my money.

I just don't get why a portion of it got filled. A portion come on, come back down, make the market come down there. We go whoever, whoever just did that. Do it a little bit more all right, let's see how some of these equities are hoping opening uh.

So, oh, i forgot i'm in tesla still tesla, currently up 19 and varu, currently up 10 on those put plays once again. Tesla is currently at 10 and peru, or tesla is now at 16 and virus at 10 um and things are going the wrong way for me at open, uh, hello. What this this is. This is all just a fake out.

Don't worry about it, not sweating, it. Not well, i might be sweating it. I might end up be sweating it, especially if it starts to push 395. uh.

Your programming skills are getting weak boy. I just feel like i'm, not the problem here. I think it was. I think it's my platform, that's what any good coder does is.

He doesn't blame himself. He blames the platform. Um is this: where are we going s p? 500? Why is it going up so much more importantly, why didn't i get my fill right out of the gate, i'm a little frustrated about that jimmy perkin up a little bit veru going down. I like to see that are the queues.

The tech sector is also going up today, uh jimmy on my watch list currently up the most up 3.5. So that's nice, that's a that's! A fun win for gme, hey! That's something all right! Let's go opening pretty strong opening uh and it's getting stronger whoa! Well, that play has gone awry. We're still short this. The leftover ones that like didn't get a fill, are down 1 dollars right now.

So that's! Oh! Okay, hang on! I got some sort of. Is it coming back down now hell yeah hell yeah! Well, you guys said red on the day. Is this the time where we patient enough, or should we be a little bit more patient? I, like i like getting into these pops i like getting into these pops all right. Should we oh wait? I can't even really scale into these pops.

I forgot because i don't have actual. What's my options buying power, my options buying power is 1. 500.. All right, that's not the best scenario.

Let's give it a whirl. Let's look at i'm looking at tesla a different tesla trade trade grid. What am i looking at? Monitor trade options, statistics options chain, the 27th. What did i say? I have 1 500.

So it's saying a 6 15 which i could get one at 6. 15.. Literally, just just one confirm and send hey: i picked up a little guy, okay uh. Well, this is going awry very very quickly.

Honestly. I can't even blame you guys, because the call was right. You guys made the right call uh. It just, unfortunately, did not get filled with like the dual order uh, so the new trade is teslar, 6 15 put for the 27th.

I only got one uh i got in at 14 dollars and that's it. Tesla 615, put on top of the 6 30 puts that we already have, which are now red man everything's going against me. What is this push this morning? I don't like this. I think it's gon na get slot haired, maybe not maybe i'm the one who's about to get slaughtered.

You never know you never know when the market's about to kick your teeth in until it's a little bit too late, just pure buying. Let me see: are we more red tomorrow, ranging means we would really get a downtrend or remember? I don't know when the day we will be able to crash. This is looking arcs looks like it's primed to sell es needs a break 3840 to really sell beneath. Otherwise, we range - i agree with that.

This is just that tough range bound large range whipsaw right now. No nice trend we're coming to that 395, but i just we're not even gon na have an upside trend unless we break 398. we're coming up to the high of yesterday, which might serve as some resistance. First watch is 395 right here.

This is the first breakout and or rejection first breakout and or rejection, and which way is it going to be? Which way is it going to be rejection or breakout, rejection or breakout stay tuned? Uh tess is actually at resistance to 640.. I know that's somewhat of an important level. There's some buying today there's some strong buy-in today, tesla just popped, uh, gme nvidia's up, don't forget. Nvidia reports after the market closes today nvidia up three percent on the day having an earnings announcement after the market closes and then tomorrow we have costco costco, costco, costco, all righty, all righty alrighty.

What's going on here's the test in the s p 500, we're about to test! What's the cues leveled accused also at a testing level of 289, the queues in the spy same time coming right up to resistance. This could very well be setting the tone for the day. If we break out and run it could be a nice kind of squeezy bear market rally type of a day. If it gets smacked, it is probably going to send it back down to some testing levels.

We're going to be testing, let's see, let's see all right. What are you guys? What are you guys thinking? Is it going to test and break 50-50 shot fitty-fitty shot? It's coming back up, oh man, what's he gon na do magic 8 ball? Will the market break out today all right, we're gon na find out? Will the market break out without a doubt magic 8-ball actually calling for the breakout, but i do want to remind you, especially if you're, a new viewer if we've had a weak indicator. Chair is good, ned is good. Coin.

Flipping is even good. The weakest indicator we found on this channel is actually the magic 8-ball. I just want to throw that out to everyone. Just to remember: hey we're data people in here, so there is some assumptions that the magic 8-ball might be run by citadel.

I just want to remind everyone of of that, but who knows, maybe it's going to turn a new leaf and start giving us good info time will tell time will tell time will tell what's the volume volume lower but not bad all right, i'm gon na take A stab at it, i'm gon na, take a stab at it order rejected. Oh wait! Is it because the al goes live hang on now i need to do a manual trade order filled. Okay, we're good we're all good in the hood. Sorry, just an algo versus manual issue uh.

So now the average is 3932 and we're short three. So we are short three right here, 3932 below this is where we are gon na, be in the green and basically it's as simple as this. If it pushes 395. Okay, i guess you could just like kind of cut it um, obviously i'd rather it just fall off, but so we brought our average price up by getting another short position and our risk relatively close by that's my reasoning.

I don't know if it's good, i don't know if it's bad there's going to be quite a bit of luck involved, but we'll see how it all plays out. Oh, i need to update locals a new tesla bet. One tesla put a strike: 15 may 27th. Uh preem was what was it 14? How much did i pay? It was 14.01 14.01 expiration, okay that to that is now in locals.

So basically the name of the game right now. All of my live positions - i am short, three s, p, 500 future contracts, and then i am short or excuse me. I have basically i am long five tesla puts, as in i have puts, as in bending on tesla going down. Four of them are for 6.

30., one of them is for 6 15 and all five expire on the 27th, and thus far things are not looking the best. For me, how big of a delay are you on typically 10 seconds, but you could tell from the time right here where my mouse is in the bottom of your screen. You could just check that out and check it with your clock to see what the delay is. Uh.

I don't know it's a built-in delay from rumble and youtube. I don't really have like much control. I haven't added any extra delay. I know sometimes, when you're like doing the live streams in the world of gamers.

They'll. Add it just for like cheaters, but the delay you're experiencing right now is literally from just, i guess, like transmission from rumble and youtube. So many people short now it's time for a rally. Honestly, that's like the one thing that keeps kind of bouncing around in my head is i don't necessarily love this concept of going with what everyone's calling for, because i really do believe the market likes to burn the most amount of people possible.

So if everyone is calling like for a crash and everyone's going short, i do admit, like i'm kind of in your same mindset of it, it could get uh. There could be some trouble for those bears all right. Double rejection just thus far at 3.95, tesla's stalling out trying to decide really tesla's just watching. What's going on with the spy in the queues uh recently, the market has just been kind of equities, have just been really following the overall market.

There's a lot of things that look scary, similar tesla nvidia, look pretty much the same, even though they have nothing to do with each other uh. It's not that uncommon to get into certain market regimes and certain market movements where a lot of a lot of equities. Just look the same and that's we're at right. Now i mean look at your screen: spy, the cues, tesla and video.

All look pretty much like a carbine copy right now, let's bring up another one apple, amazon, microsoft, like microsoft, looks, i suppose, a little bit different. Uh walmart had a good day yesterday, how's it looking today, i'm just out of my own curiosity wanting to know how that is: uh costco, they're reporting tomorrow, uh they're, looking a little bit weaker, but overall, like we're, seeing quite a few similarities. Uh amc, green on the day of one percent. Remember right now currently has a 22 short interest on an intraday basis.

This is not good. It went up made a lower high, looks weak right now, intraday, not the best look if it can't hold this 1050 level. Uh tesler, coming back down, tesla tesla tesla coming down down down would like to see tesla break through 6 29 52 on an intraday basis. That's important, but on the daily basis, 620 is pretty much the line in the sand.

All right. There we go there. We go costco coming down 432 costco. I didn't want to get some puts against costco.

I just don't have any free capital. As of now i need to get out of some of my tesla to free up capital. If i want to go against costco right now. My live, trades are, tesla puts verruputs, how's, varu doing actually and then uh, oh veru popped.

Why does stupid all right? Let me do that da da uh. Anyone have vortex. Tell me what rdbx short interest is. I have that i can pull up redbox for all of you, folks who are in that play loading loading, loading, loading, loading, loading, loading, all right, we're coming down.

Our dbx has a short interest of nope. That is not the right sock, rdbx red box. There we go now we're clicked on the right. One short interest of 159 percent cost to borrow 676 utilization maxed out.

It is a low float stock on the threshold list. Rdbx has an incredible capability of ripping to the high heavens. You just need enough people to buy it. You need to put pressure on the shorts and basically, i think it could get haywire if it breaks above seven currently trading at 550..

It's a powder keg, it's just a question of. Is someone gon na light the candle uh uh uh? Are we almost no wait? What's my average price on the futures trade 9, 32.? Okay, we're almost back to being break even it was looking hairy there for a second. It was looking hairy there for a second okay, but we're coming back in uh 932 is my average and then really the support, i'm looking for the breakdown of or the bounce off of is 3925.. This is the level of interest, and this is where my entry is marked by the green dotted line, at least for the futures, getting a little bit of a bounce right now, tesla, looking weak, tesla tesla tesla.

Are we green yet tesla? The new tesla play that i got this morning is up eight percent and then the tesla play we've been swinging for two to three days. Now is up fourteen point. Eight percent and the veru play is up six percent uh overall. Where are we at overall right? Now, apparently, the p l percentage on the day is currently positive: 12.

positive, 12, hey so at least we're in the positive territory. Uh, but it'd be a lot better. Hey rdbx, maybe getting a little something something going there. Uh tesla bouncing right off of that.

Their early low well, as i say that it gets a little smacked. I need this breakdown at 6. 30. Then i'm watching 6.

20.. 6. 20. If 6 20 does not hold on tesla, i am of the opinion and remember i'm not a financial advisor barely anything, but i think if 620 cannot hold, i think it's going to be a pretty easy.

Layup play down to 600 flat 620 does not hold on tesla, i'm looking for 600 flat, and then i want to see how it reacts to that. But let's get it going all right. I've had enough of this market, not doing what i want it to. Let's get the magnet, ready, magnet, engage, we're going to pull the market down because well, you guys know why? It's because we don't like teachers or kids as at least according to ken griffin, we're against teacher pension funds.

And if you don't like teachers, you probably don't like their students, but it's more of an asinine thing that he would even say that to begin with matt i graduate high school today. That's awesome! Congratulations! My uh! That's really! Really! Dude! That's exciting! I hope you're excited for whatever the next chapter in your life is whether you're going right into the workforce, a vocational school, a college a year break whatever it is dude. I hope you crush it jimmy vortex matt. We already went over that erin.

The short interest on gme right now is 26, which is a one-year high ken griffin. Do you think ken griffin is like? Do you think he's like? Do you think he knows what he's saying like at all with like his stuff? Like do you think ken griffin is like connect like do you think he's like gasparino when he like see like? Do you think, or like ken griffin like gasparino likes to play into it, or do you think ken griffin is like completely oblivious about like twitter and people's like um opinions of him? Do you think he's like fully sociopathic and just like doesn't care like? I just want to know what it's like to be in his mind like i just want to know what goes on when he like sees all this stuff happening around him because, like whatever his pr team is like, they need a little bit of an upgrade he's On reddit for sure yeah so like i know he was talking about uh like reading the reddit stuff, but like even like that's the same guy who said he's on the elliptical playing call of duty like really he just has that poor intern. When i'm not streaming, read, read it and like give him a breakdown of it, he's a bot red box. Looking a little bit spicy there unfortunately virus showing a little bit of green as well.

All right. We got to get the spy to come down. He wipes his tears with hundreds. Probably he probably does i mean he's immensely immensely wealthy uh.

Did you read it? No, i have a life responding to new regulatory policies. Yeah he's too busy on the uh. The elliptical plane call of duty we're gon na get the old shoulder head shoulder on the spy on the one minute shoulder head, shoulder: tesla, balancing right off of this support rut row all right: let's throw red box down here, because it's looking crazy, the cues basically You're looking at this, maybe we need a bigger met. Maybe it's just not a magnet kind of a day.

Maybe it's an anchor kind of a day. Maybe it's an anchor kind of a day. Why is this always so? Incredibly, there we go all right if it breaks out i'm screwed, but i have a little bit of hope. My like little hail mary play that we have going on is uh shoulder head shoulder.

I just need the shoulder to actually form and to not just be a very classic higher low, that rips my face off right now. This isn't it's looking actually good, it's looking kind of bullish right now we have an overall higher low we're looking for the third test, it's either going to be a like bullish, wedge, that breaks out and rips, or we're going to get the bearish development of a Shoulder head shoulder right now: it looks like the bulls are a little bit in control at least 26 minutes into the day, but let's watch this trendline. Let's look for this development and let's see who can get lucky or not, fed minutes today. Yes, 2 p.m.

2. P.M. 2. P.M.

2, p.m! So, basically, i'm looking for a breakdown of this trendline and i'm also looking for an intraday breakdown of 393.30 tesla viciously bouncing against me. Almost got the breakdown, but, alas, did not happen. Golly golly, golly, golly, golly, golly, golly, golly, golly golly. We're right at this high from yesterday with more run more room in the rsi to move.

That's the line in the sand a little extra bonus line in the sand at 396, as you can see, but from the market trading, especially with the spike in volume. At the end of the day, right here, a lot of people, buyers and sellers centered in this, like 394 to 395 level. Look at all like the bars right here, but associated with this volume. Cluster it'll be interesting all right.

The only way i could possibly end up winning this is multiple. We need to do everything we can possibly do to support this play everything we pi we're gon na. Take out all stops. Oh, let's go, let's go all right.

I know it's been a while since we've done multiple, but it is what it is desperate times call for desperate measures. Sometimes you just need to whip out the multiple the multiple emoji tactic come on. Is it going to work? Is it going to work? Is it going to work? Is it crazy enough to work come on we're we're gon na puts printing today? Well, thus far they haven't been printing, the spy, the queues and the russell are all green uh, speaking of which amc is up. One point: nine percent jimmy's up three percent netflix up one nvidia 1.5 tesla one um.

I do myself have quite a few bearish emojis on the chart. So if you were long, you might want to be careful, especially when it comes to the spy. Oh, no! No! No, no! No! No are we just reaffirming this trend line. This could go south pretty quick.

This could go south on me, pretty pretty quick. Let's just start hammering tesla here, uh, oh, is tesla setting up with a cup and handle. Please don't give us a handle. We're just gon na hammer this handle back down we're gon na stop it we're gon na manipulate the market with our hammer like button engaged hey, i appreciate that.

Hey, you're, awesome, hey you're, a legend all right little bit of a trendline breakdown. There we go the magnet doing what i pay it to do. That's why i have a monthly magnet fee, an extraordinarily expensive monthly magnet fee. Uh-Oh did not break down from the trend line uh red box.

By the way it looks like you try to get out of this resistance at 588, but right now, that's exactly where it's messing around how's apple. Looking uh, oh hammer, better work, a fake-out breakdown, a fake-out breakdown. We need a bigger, i don't know what else i could do. I'm running out of ideas, running out of ideas, two magnets and an anchor a purple anchor and a hammer.

Oh, the hammer's working on tesla, all right, oops hammer is maybe we need a bigger hammer to make this go faster. There we go there, we go oops come on hammer. Do it do it, do it do it? Do it? Do it patience, patience, patience? The queue is coming down a little bit. It's working team are the fed minutes today.

Yes, at 2 pm et 2 pm et a pop stop. What the hell is a pop stop people, i guess, a stop against the marketplace. Oh, it's really acknowledging this trend line. There must be a lot of day traders out there double click any edge to reset the grid.

Okay, i try to do that. Oh, i think it's fine um! This is it. This is what's going to be deciding most likely. The trend for the day is this wedge, going to break down of that bottom white trend line, or is it going to get above 395 and rip? Obviously, there could be fake outs in either direction.

I'm betting on the brake down just because the fed is still super hawkish, even though they say they have things under control. I don't think that they do have things under control, but that doesn't really matter for the short term. That's you could be right or wrong about the fed, but that's definitely more of like a long-term thesis not like a day trade. The shorter the time frame, the more randomness involved in the movement you could be in an absurdly bear market, with a great awesome green day, where you could be in an absurdly bull market, with a like horrific red day, so make sure you're thinking about the time Frames accordingly, boeing starts a new a-10 wing deliveries to u.s air force.

Jpm says it preferred. Alternative asset is now cryptocurrency yeah we're going to be going over that article. It's definitely an interesting one. Uh tesla the hammer's not working on tesla tesla's, a little too strong about to make a new intraday high.

It looks like oh man. It looks like the spy is about to break out how bad is the future's position, not good. That's for sure uh. The future's position - 3950 jeez geez, isn't gon na break or not.

Oh, it's coming to the end. The most at this wedge could probably build out 10, 10, 15, 10, 15 plus or minus five minutes, so 10, 10 to 10 20. uh it went to the top. Is it gon na give us that breakdown who's it someone's gon na get screwed right now, it's either like so either the bear camper someone's gon na get rugged and they're gon na get rugged hard.

Is it gon na be the bulls that just got rugged? Are the bulls getting rugged? I think we won't be able to call the rug unless, if this breakdown comes back up to 395, it's a bear rug. If we break below 393 25-ish, i could you could probably say it's a bull rug. Uh rdbx is that one still moving that 588 level is so important. Oh rdbx kind of picking up a little bit watch six, but the real resistance is that seven dollar breakout all right who's gon na get rugged.

Do i need more magnet? Are the magnets working? Is the anchor working is the hammer working come on hammer? Maybe we need a little bit more smack smack smack just a tactic, an old old ancient tactic. Here we go were the bulls, the victim of a rug, stay tuned for the next soap opera. In the s p, 500 chronicles will amy ever take jimmy back, come on, come down, break down, break down, break down, break down all right 3.95. Look at this! How would you know this is a level? I think this is a good teaching moment to talk about re support resistance.

Why did i care so much about 395? I like how that just like quickly populates so ignoring all that it's as simple as this look at what's been going on at 395, 395 was a breakout. It was support. It was support, it was resistance, so clearly people are just reacting to 395.