Hot Market News π₯π₯π₯
Dumb Money w/ Matt
00:00 Intro
03:01 Hot Market News π₯π₯π₯
04:01 Stock Market Check
04:40 Gary Gensler Said What?!
12:40 Should we BAN Congress From Trading?
13:31 The 25 Wealthiest Members of Congress
16:10 5 Biggest LOSERS in Congress
16:49 Most Popular Stocks Owned by Congress
18:10 WTF is Going on With PTON?!
23:38 Netflix Q4 Earnings Today
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#Pelaton #ApeNation #MoonGang
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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
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Dumb Money w/ Matt
00:00 Intro
03:01 Hot Market News π₯π₯π₯
04:01 Stock Market Check
04:40 Gary Gensler Said What?!
12:40 Should we BAN Congress From Trading?
13:31 The 25 Wealthiest Members of Congress
16:10 5 Biggest LOSERS in Congress
16:49 Most Popular Stocks Owned by Congress
18:10 WTF is Going on With PTON?!
23:38 Netflix Q4 Earnings Today
True Trading Group Education Partner
TTG $3 Trial: https://bit.ly/MoonGangTTG
FTX Crypto Investing Sponsor:
π° Save 5% on all trading fees (FTX.US Pro): https://bit.ly/FTXMoonGang
π° Get a FREE coin when you trade $10+ (FTX Blockfolio Code: 22346372): https://bit.ly/BlockfolioMoonGang
Public Stock Investing Partner:
πππ FREE Stock, No PFOF, NO Market Makers: https://public.com/MattKohrs
π¦π¦π¦ New Rumble Channel: https://rumble.com/c/MattKohrs
π¦π¦π¦ New YT Channel: https://www.youtube.com/c/MattKohrsClips
πππ Emoji Charting: http://bit.ly/TradingViewChartingSoftware
πππ Moon Gang Merch: https://moongangmerch.com/
πππ Options Picker: http://bit.ly/Tiblio
Socials:
π YouTube Channel: http://bit.ly/MattKohrs
π¦ Twitter: https://twitter.com/matt_kohrs
π₯ Twitch: https://www.twitch.tv/matt_kohrs
π· Insta: https://www.instagram.com/matt_kohrs/
Video As A Podcast:
π§ Apple: https://podcasts.apple.com/us/podcast/moon-money/id1550699494
π§ Spotify: https://open.spotify.com/show/6kdJCHY0VMqLzIxwCHU59A
#Pelaton #ApeNation #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
Trying to sell some damn shrimp can't spell like you can't even count to 10 and i eat crayons every day with my friends, i think about kenny in his ivory tower shaking in these lily bones, as the apes overpower must suck to lose to a monkey. So dumb, but you made your bed and you got nowhere to run i'd love to be a fly on the wall when he makes the price fall and he's watching as we keep on more. You forgot we're on the floor two hours old, like stop breaking the law. Asshole give us our daily fresh, stupid ass, throwing all the money at the streets like a quarterback.
If you don't mean anything right here, we got more smoothies than a juice, the gooder in hell. We may be have made us jumbo wounded, but we must handle the boot of the floor. Six figures: ain't selling for less you took on the ape nation and you're fucking with the best we hope for each other, my sisters and my brothers, the fathers and the lovers. We don't need another fan because we huddled through hard times give us the fucking money.
Wow, hello, hello, hello, man, oh man, we have to talk about some news. What in the world is going on in the stonk market? Turn it off. Let's end the thing an hour early, it's all right, we're all going into. Let's just end it, let's.
Let's just save this hour for like this this half hour the past hour really the entire afternoon for a completely different day, we're good we're good like we, we could save this for another time. This is everything's, dipping wait. This is nuts we're gon na be looking at the overall market. I have an update for you about gary gensler politics, insider trading, we're going to be talking about peloton, we're going to be talking about netflix we're going to be talking about some movers, and i also am going to share one of my newest trades with you that I made kind of in the off stream time, but man, oh man, is there some blood in the water right now, if you haven't looked at the stock market, i don't want to be the bearer of bad news.
Remember, don't shoot the messenger, but the market pushed in the morning crushed cues pushed in the morning crushed peloton. We're gon na be diving into that. That was doing nothing and then got crushed and then popped a little bit and then got crushed again and tesla. I made some money to the upside.
I was telling you i got out at 39, pretty much top ticked it and then midday. I took a put position and we'll be going over the details of that. But let's kick this off with our boy. Gary gensler, you know the guy who's supposed to be protecting the markets for everyone involved.
Scc's gary gensler says: broker jabs want users to trade frequently, which can be bad for small investors. Sec gary gensler on wednesday issued a warning to retail investors who use commission free brokerage applications to buy and sell stock. I would say to you all the public as you're, investing. Beware that they're trying to get you to trade.
More often that's their motivation. So the likes of citadel that's how they make money as you're trading through robin hood and weeble. We know it's getting directly rounded to them some people who don't know what they're talking about it's going to say: yeah. It gets routed through a dark pool, then to them. No, that's not how it works. If you're using robin hood or weeble, it goes right to internalizers aka citadel aka virtue. In rare cases it can involve the dark pool, but most of the time they're internalizing it because they're looking to capture the difference in the spread, because they're better traders than we are because they have more insights, there's an asymmetric data advantage. Statistics usually show that investing is good, but training often is not.
What he's talking to here is that's actually true. I've seen these statistics myself of the fact that long-term investments, medium-term investments, typically you're gon na end up being profitable, actively trading it most people fail um. I i don't want it to make. It seem as if this is something that, like yeah, everyone's just making a buttload of money off of it.
No, it's a very difficult skill set to hone, but if you put the time in, you could be the 10. That is profitable, but most people they get in. They try right away without really putting i guess much time into their educational process. They get beat up, they lose money and they're like okay, i'm done with this, and then they just never come back um.
But overall remember there is a motivation from the likes of robin hood and weeble to get you to trade more such as citadel and virtue. They have the same thing because they're always skimming off a little portion of a potentially even a penny. A portion of a penny on all shares traded, so they make more money. The more volume that's traded.
They want more active trading. Now, i'm talking about robinhood and weeble. Remember i'm a big big fan of public right now, just because no payment for order flow, no market makers, 75 are going to lit exchanges. The only time it goes to an ats is, if there's a better price, and then they legally have to go to the place to get you the better price.
But let's see what gensler said just two minutes really quickly. When i look at what happened with with gamestop, when i look around with amc, i see many not like for like situations. I think some people have more information than others. I think some people didn't be able to weren't in on it so to speak.
I also see kids, who were playing candy crush and they got this fantastic app from robin hood, and they said this is even more fun than video games. All these areas need at least more sunlight again. How do we fix what what could again happen from last year? I think that we learned a lot of lessons from that. We have multiple projects, one.
Let me talk about the candy crush. If i might we're in a modern time that we're bombarded we americans are bombarded every day by prompts behavioral prompts do this, do that we we find it in every day, but in finance the brokerage apps, the robo advisors - are doing it as well, and i think That we have to be aware that their motivation is to make more revenues for that startup or more money for that application in that business, and we have a basic idea in america that they should be making advice and recommendations to us to for our benefits. So i think that i would say to you all the public as you're, investing. Beware that they're trying to get you to trade more often, that's their motivation and statistics usually show that investing is good, but trading often is not. Secondly, there's a bunch going on. With regard to the market structures, are the brokers really trying to actually get best execution? The best execution for you means putting others brokers in competition for your order and and that's a really important thing, so we're looking at both of those we're also looking at the basic plumbing the clearing and settling part of the market uh to try to uh lower The risk there and and help protect, remember a year ago, a lot of retail investors were shut out of the market right and and that's not good. Access to our market is so important and i think we can. We can do some things in what i'll call the plumbing don't miss a second of mad money.
Don't miss a second of mad money, okay, couple things i obviously want to talk about there. Obviously i want to talk about it. Okay, so let's, let's start at the end, maybe jump to the start and then go in the middle and then really tie the whole story together. I think that's the best way to really go over a linear story.
Why not, let's see how it works out. So right, at the end, he was talking about. Remember a lot of retail got shut out, we're looking you're the dude who looks into it he's. What is that? What it feels like to get gaslit he's acting like oh wow, that was wild.
I wish someone did something: dude you're, the guy who do something like you. What world are we living in folks? Listen to it back it's on cnbc he's like oh man. They got shut out that sucks like what a bummer that retail was shut out from trading. Like that would be the cop standing in the middle of the bank, that's being robbed and he's like man, i wish law enforcement would show up.
I really really do so that one's wild. Now, let's jump to the start of the story when he was talking. There's a big focus on candy crush the gamification of trading. Okay, i get it.
Should there be little like rolling. I don't know like similar to like a slot machine. It rolls like what stock did you get for free? Is that doing psychologically something to get you to trade, more yeah, probably okay? Maybe that should be looked into, but i don't understand why the emphasis is on gamification of like. Why do they think they need to fix that first opposed to before he said in this video he's like hey? Are they getting bex execution, we're looking into it? What do you mean? Are they getting bex execution in may? Okay? Oh, my god, i lose. My blood pressure always gets so high. When i talk about this stuff in may the same guy that guy gary gensler, who just yesterday january 19th, he said we don't know if they're getting best execution that guy in may said we're not. He said on robin hood: they went out of their way explicitly went out of their way to accept a higher payment for order flow. In return for worse execution, he said that in may of 2021.
Don't believe me go google it. He has all the data. He looked into it and now we're in january and he's like maybe they're, not getting the best execution, bro you're already the guy who told us we definitely weren't. In fact, he took it a step further and he said in some cases the distortion was so bad that it actually would have been better to be on a commission-based brokerage.
That's how bad that's, how piss-poor the quality execution was. We, this is insane i'm being gaslit. This is not real. This is that no, no, no, no we're moving on i'm not talking about this anymore.
It's not good for my heart trump says: nancy pelosi shouldn't be able to trade stocks, as calls for congress wide ban. Now i talked about this a little bit this morning and i was like well, let's just not stop at stocks, let's uh, let's make sure options are included there. I don't there to be like a workaround, because we know pelosi doesn't really trade stock. She trades options.
So i think that should definitely be like included or just not trade blah blah blah. But when i was looking at this this morning, i was like, let's get more information, conflicted congress key finding sci insiders, five-month investigated investigation into federal laws; personal finances solid this guy. This woman borderline this guy and this woman danger this guy and this woman, and then i was like i want to know more. I want to know who's doing what and who's making what kind of money.
So i found this list for us meet the 25 wealthiest members of congress, we're not going to go through all 25. In fact, let's skip to 15., it's a familiar face up. I skipped over it right there 15., you know pelosi as much of an alleged insider trader that she is she's worth 46, mil she's rich for sure, but she's, not even croc cracking the top ten. So shout out, if you recognize any of these people, let's see if we get some representation for your home states.
I hope that your particular leadership is making it. We have this guy, frank indiana, you know 50 mil can get you pretty far in indiana. You have susan 52, washington, peter 60., he's coming in hot from michigan. We got this texas tycoon, roger williams. He looks like a guy who's, rich 67 mil. I bet he could. I bet he needs another 1.5 mil to really bring it home and now, let's get to the top 10 doris, our girl, doris, coming in at 74, mil trey, not the trey you know about, but the tray that what is going on with indiana are there just Like a lot of secret, rich people in india, 74 mil richard with the last name like that, there's no way you have anything less than 85 mil like come on. That's from connecticut mitt romney, as i like to refer to him, mittens romney, uh.
Remember he's tied up with marriott 85 mil. This is gon na start to get really wild. The numbers really pick up. Mark number, six: 93 million feinstein.
You know i know pelosi is the face of like egregious acts, but in reality feinstein should be um. What pelosi does is, in my estimation, highly immoral, highly unethical and then feinstein comes in and she's all like hold my beer. Let me show you how it's actually done. Do it do yourself a favor do a little bit of googling of her.
She should be the face of abusive positions without a doubt: uh vern, here, 113. he's 10 on the way to being a billionaire daryl 115 californian people from indiana apparently are all rich michael. We got another texas, tycoon, 125 and guess who number one is: let's see? Let's see, let's see, let's see it is rick scott. He has two different health care companies and he's worth 200 milli uh.
He looks angry and at 200 mil. I don't think, there's really much reason to be angry about you know. I thought that was interesting and i wanted to share that all with you shout out. If you know any of these people, but you know what's interesting, is we actually have some people in elected positions that are in debt and i was like, i wonder if they feel the pressure to get out of debt uh in debt, two mill in debt 1.9 Mil in debt 1.4 mill in debt, one mill in debt, one mill uh - we have california nevada - will wyoming illinois and also texas.
But uh. Don't forget that that some of them are on the other side, and you never know, maybe they're going to feel the pressure to do something a little bit uncouth to get out of the debt. Maybe something worthwhile to pay attention to. But i also wanted to share with you what are these people in the most popular stocks owned by congress by chamber? Well, look at the biggest bubbles: apple, microsoft, google, amazon, disney j, uh boeing, google png some oil plays berkshire.
So these big dots once again, if you want to see this yourself, you could just search this article. These are the 50 top stocks that members of congress own, i kind of like the visuals on this. You could just kind of see where they're at and wouldn't be surprised if these keep ripping so the four biggest are apple, google, microsoft and disney. Let's see how apple microsoft, google and disney do out throughout the year, because it doesn't seem like many people in congress. Really want them to go down now now that we got a little bit of our blood pressure is probably too elevated for our cardiovascular needs. Let's talk about some other crazy stuff because yes does insidious things take place in politics, of course, of course, of course, but remember it's not isolated to that, but before i do that just so you know i thought this was funny. Real-Time trade tracking for elected officials uh, so someone made a change.org and there's about 50 more to go. If you want to check this out 50 more and they're, trying to get 5 000., someone started denver, colorado, uh once again, another petition, let's, i wonder how many people are going to sign it.
Now, let's get into something that's pretty interesting: piton piton, piton, piton down 24, you might be asking yourself: wow! Did people really give up on their new year's resolutions this soon matt? Why in the world did you have a bike crashing thumbnail for this particular video? Well, it's because piton is crashing, piton is crashing and it's very interesting, but the timing of the certain articles even more interesting before i get into that someone asked you sold all of your amc. You know, funnily enough, i made something for you all right there. We go hope that answers a question, but in all reality, if you want to see if i have amc and jimmy it's literally public, please tell me: who is another creator that actually got off of weeble and made their positions public? None of them have done that. Yet this this guy did right here.
If you want to know, if i have amc or jimmy you can check in real time, you could check 24 7. You can check as much as your heart truly desires. Other people they're honestly still just on weeble they're, just holding it on weeble, i put mine public, so everyone can see what's going on, but let's get back into the piton crashing action. I find it funny peloton plunges on report that it's pausing some production.
This was a unicorn that might not be a unicorn. It might be a horse that someone just taped something onto its head peloton interactive shares plummeted as much as 27 today thursday, on a report that it's temporarily halting production of bites and treadmills. The latest sign that the star of the rona era has lost its shine, losing a bit of its luster uh production of peloton's, main stationary bikes will be paused for two months and the company will stop making its treadmill machine for six weeks starting in february. But wait: there is more cnbc reported that peloton had already stopped production of its more upscale bike, plus it's like a bike, but there's a plus sign on it in december, a break that will last until june.
A more expensive treadmill, meanwhile, has been off the market. Since a recall last year, now you might be asking matt that sucks people aren't buying peloton. Why are we? Why is that news? Whatever not? It was able to get a heaping load of success during rona, because people were stuck inside, they still wanted to be fit. I wasn't one of those people, i just let things go, but what's the issue here, why are we talking about it? Why is it a big deal? I'm so glad you asked let's chat about it. Please take notice of the dates january. 20Th. 2022. Let's go back in time, uno day january 19th, 2022, as in this announcement, and this sell-off happened today, do you know what happened yesterday? Peloton insiders sold nearly 500 mil in the stock before its big drop, sec filing show rut, row, raggy, peloton executives and insiders sold.
Nearly 500 million worth of their stock before its big decline, much of the selling started when shares surged past 90 in the fall of 2020, the sales gained momentum in 2022, as the stock held above 100. john foley, the ceo and co-founder sold 119 million worth of Stocks, starting in november 2022, others included the president, william and some other person that, if i say the name i'm getting butchered so i apologize co-founder and chief legal av culture, culture officer didn't know that was the thing chief, legal and culture i didn't know there was Such thing as culture officer um that doesn't seem good, that that uh, that doesn't that doesn't seem good whatsoever. Um you got, i i'm just tired of ceo selling. If i'm just going to be honest, i'm so tired of it because no matter what's going on, if it's a personal reasoning or not, you get absolutely slammed with these types of headlines and this one's particularly bad.
So we know they sold 500. So that means that the ceo was more than 20 of it, and this dude is selling it right before, like a massive bearish push, we have a huge drop on earnings and then another big drop today they're, like hey, you know how we sell those things that Make us money yeah we're not going to make those things anymore, if they're not making any wha where's their revenue gon na come from folks, i'm calling it out now. It is 3 51 p.m. On january 20th, a thursday i think, piton's going to an all-time low.
It sucks, but i think that's what's gon na happen like this. This is very hard to come back from this news plus this news i mean i feel bad for the company, the employees all of it. I feel bad, obviously, but that's just that's no bueno man. It looks like these insiders were up to something and they knew seemingly before the public did that things were not gon na go too well and they made their attendees while they could.
Speaking of attendees making, don't forget, netflix reporting right after the market closes today. Nflx most likely gon na have some volatility to it. Uh in post-market trading, most likely in pre-market trading nflx, definitely most likely something going on, but we already have a little bit of an indication. Report shows 8.5 million new international subscribers. According to julia bornston. This lady um yep, so if you're at all interested in netflix there that's going to be a big one and then friday before the market opens, we also have schlumberger. You might not have heard of it. It's related.
It's oil, it's the energy sector, just i'm bringing that up, because oil is actually looking pretty good and i'm pretty bullish on the energy sector for the remainder of the year. So that's pretty much what i have for you. I just have some final things. I need to take care of so mateo see.
What did i do? What trade did i make when i um during the off time i bought more puts on tesla tesla? Oh wait. I actually have this whole thing right here right here right here right here, tesla overnight swing, tesla puts strike 1015. I got it when it was at the money expiration date tomorrow, premium 1278 exit when the market opens looking for an overnight gap down position size. One half so, even if you got one of these, even if you got one of these, i got in at 12.78.
What are these currently trading at? I got in at 12.78 and they are currently trading at over 26 as in up a thousand four hundred dollars. As in this, you can get my trades for an entire year for a hundred bucks an entire year as it this one trade right here could have paid for you to be a member of this for 14 years. Even if you just got one uh, i myself ended up getting more than one so that worked out really well, but this is i just i'm calling this out. So if you want to know about my trades, especially when i'm not streaming go to maccors.local.com, it's pin to the top of chat.
If you have any interest in that, but yes, i will be sharing it with you, i'm letting you know i'm getting out most likely when the market opens um, basically looking for an overnight gap down we're seeing that things are being sold off. This looks like a lot of pressure to me. I was like hey. I got in right about here when it broke down from this support.
It was around 2 30.. I just got done with my crypto stream and thus far it's played out pretty. Well, that's just for a little bit of clarification. I got it at the money just because i knew i was going to be battling theta overnight.
I didn't want to buy something out of the money things get a little bit weird. I was going gon na get out at the money or slightly in the money. Just so i can get a leveraged bet without having like to worry too much about volatility and theta, but thus far it's um looking pretty solid over there, but this is painful. There's no way around it.
If you are long right now the spy getting crushed the queue is getting crushed, but what i have for you is oh wait: can you guys see this? I don't know. If you can, can you guys see my screen? I don't think so. Hang on. Let me try to get my screen up for all of you just so everything's above board, oh man. This is way too small. I think i don't know if you guys can or can't see. Is there like a setting where i can make this better? I'm just trying to give you all my positions, so this first one d whack, i have dwack calls for feb 4 down 640. I have q puts for feb 4 up 135.
I have sofi that was locked in this morning. I got 110 on that. I have spy puts for feb 4 they're, currently up 300, and i have those tesla puts. I just told you about up two and a half thousand dollars, so today i locked in 1800 and then i have another um two and a half thousand that i technically could lock in, but i have no more day trades.
So i actually can't, unless i want to get my account in trouble, so just trying to give you the update on all of that, but right now this is a great question. What's going on what's going on, is kind of what i'm talking about of the fear of the fed? This is i'm trying to illustrate that you can make money going up or down. What's the point of showing this off, i'm i'm telling you all this as it's happening like i'm posting i'm like saying here are my thoughts. There are people that are very, very worried about the current fed situation.
It's a big big, unknown and then you're piling in the banks a mixed bag of reports there. The airlines did do better we're seeing weird things like piton there's, just a lot of unknowns and the market absolutely hates unknowns. With that i've been trying to drill this point home since the start of the week before the pre-market before the market opened the pre-market on tuesday, i said: hey i'm going into it in a bearish manner. We know there's unknowns and seasonally.
This is a bearish time. I i'm just trying to get everyone wired that you can make money in any market environment. The goal is to identify the current trend. If it's trending up great go long, get some calls.
If the trend is down great go short, get some puts. You have various options. If you want to be a little bit more conservative, you could do option threads. You can do whatever you want.
You just have to know that there's not just one way to make money. The only way to make money isn't just going long. Yeah that can work, that's a phenomenal tool, but that doesn't work for every single market environment. So with it.
If you have questions and like maybe that's confusing you and you're like well, i don't feel that comfortable with options. That's fine! I'm not saying to jump into it, i'm just saying start to learn about it, start to expand your knowledge, like that's the next thing, for you to learn. If you're like well, i've only been buying stock and, like this sounds cool, i wish i was making money right now that i'm not in any way telling anyone to start trading options tomorrow. What i'm saying is starting tonight start to learn about it.
Go youtube. Some videos order a book off of amazon for, like 15 bucks like options trader like in intro options trader for dummies, like whatever that book is just get like an intro one and start your learning process. The learning process shouldn't stop at hey. I heard a bunch of people on reddit and twitter and youtube saying this stock. Something crazy is going on. I'm gon na buy it. That's not really a full learning, like that's the first letter of an entire encyclopedia of learning what you need to about the market. It's great that you're in the market, but it's times like this, that people have to be prepared if you're playing it the right way.
I mean this is huge money right now: huge huge, huge money um so with it. I'm just trying to illustrate to all of you: if the market's going up down sideways, you can make money the game. The name of this game is identifying the trend. We shouldn't call it the stock market.
We should call it. Can you identify the current trend game? Maybe it's a little bit too wordy. I don't know if they considered that at the start, but that's a better name for actual markets um and you could honestly say the same thing in crypto and all that stuff. It's can you identify the trend all right.
What else do we have going? Is trading smarter than a 401k sorry for the stupid question, so that's completely different. So i'm referring to more of like an active trading thing which active trading is far more difficult than investing. Investing is a long time horizon. That's when you're looking at the trend not necessarily of the chart but you're looking at the trend of the company - sorry, that was very loud digging, ding ding.
The casino is closed. All right, let's pull up netflix, there's about to be some movement in that um. Anyway. Let me go back because this was an absolutely amazing question.
Is it better with a 401k remember what you're doing so if you're an active trader a day trader a swing trader, you care about the trend of the chart. If you're an investor you care about the trend of the company and also the industry that the company is in the chart, oh whoa, those are not some good initial netflix numbers. Remember earnings coming out, so the numbers are coming out now and they'll probably have the earnings call i would assume at like 5 or 5, 30 eastern, but anyway longer term stuff. You care about the trend of the sector and the company's performance within said sector.
You could look at the daily chart, but does that really have any impact on where the stock's going to be in 10 years? So if you're talking about these like retirement accounts, where i get wired to think okay, that's a long-term account, most likely holding for many years, potentially a couple decades. That's just like! Are you gon na, like? Are you thinking that apple's gon na be a better company? Are you thinking microsoft's gon na be, do you think oil is gon na be wildly more expensive? Do you think what oil is going to be wildly cheaper in a couple decades? What do you think is going on with the eb, so the name of the game is identifying trends. I guess i should just take it back and say: a different trend, active trading day trading, swing trading, trend of the chart, long-term, investing trend of the sector and trend of the company within the sector and you're. Looking at the trend of its performance, slash dominance. Do you recommend td ttgs courses? I do, but i'm also a little biased i really like them. My biggest recommendation is to uh. Ask a member: ask them be like hey you paid for this course being a member of ttg. Did you make more money than the cost of the course think of it as a business investment? If you are net positive, then it was worth it, but right now, ttg is doing this thing where, if you go through all of their courses complete their quizzes, where they give you the answer, keys.
Obviously, don't cheat you're just cheating yourself and you attend one of their private small classes. If you are not making back the money of the course, not only do they refund you fully, but they pay you an extra five hundred dollars, there's literally no downside, if you're serious about trying to learn how to trade. There is no downside if you just have to be serious about your own education. Their refund rate is in the realm of one percent, which tells you even with a deal like that.
Most people are making more money back than they actually paid, speaking of which um they have a talk in about 28 minutes. Let me get you a link, um they're, going to be talking about the overall market. I won't be a part of this particular chat, but if you want to check it - and this is completely free - uh completely utterly free uh - you it's just a live stream that you could watch it. Let me just throw this all in chat for you all right.
Just threw it in there and let me throw it in here. Okay, i put it in all three chats um there you go. So if you want another person's opinion of what's going on, feel free, mike's, the head trader over there, we were kind of chopping. It up earlier this week before the market really got going uh.
It was monday evening and we were both talking about hey at the start of the week. There might be some strength, but we think it'll just go into a bearish conclusion for the particular week and that's exactly what is playing out. Man netflix is getting crushed right now. Wow wow wow wow! Well, so, if you have netflix puts, i have no netflix position, but if you do congrats cause you're, crushing this absolutely crushing this all right so to wrap it up.
That is what i have for you today right now. There uh, i just quickly, want to touch on this, hey if you're a supporter of mine, and you read something silly on the internet. That might be questionable, not everything you read on the internet's true. If you have a question honestly, just dm me i'll do my best to get back to you, but there's these weird concepts of i sold my aims here jimmy well! Well, you know i didn't you know you can literally just check this moment. You also know that if i were to sell, you would literally get a notification if you track my public profile um other than that. I don't know what the other, oh, that i'm um a ken griffin, citadel shill. I i i don't know how to respond to that. Besides, that's just stupid, uh in all reality, um, it's just internet things, people like to believe what they read on the internet uh.
I believe who first said that probably abraham lincoln someone along those lines. My point is hey. If you have concerns, i just want you to know. I truly truly appreciate your support and, if you think, something's coming up, that's making your support waiver before you just blindly believe it reach out to me.
Let's have a chat once again, your support means more than me that i could possibly articulate. Thank you. Thank you. Thank you.
I will catch you bright and early tomorrow. 9 a.m. Oh later this evening, in an hour or two um, that little crypto project, we were working on of basically me putting a thousand dollars into each crypto of like the top 10 most voted highest interest. Ones that you guys all gave to me that video is coming out i'll, be going over all 10, my average costs and a little brief explanation of what the 10 are, that video will be coming out on rumble and the crypto course channel.
Like i said in a couple hours other than that i'll catch you tomorrow morning, bright and early 9am have a beautiful beautiful night and, as always from me and chair best of luck in the markets, you.
Hi to all the bots, no body is selling we will ride this out for another year or two dumb f****βΌοΈ π πππ½ π¦
Matt do you hold amc????
I unsubscribed matt (the faker) kohrs for his bullshit time i wasted watching his video
Bruh 6/7 comments are brain dead kids so stuck on amc or they just bots idunno but really is quite hilarious! Keep handing out free information and helping us learn for ourselves Matt your doing great budπ€
Disappointed in this guy smh.
unsubscribed.
Sell out
"Literally 99% wont see this but, Who ever sees this have a good day and stay safe" β€οΈ
Have a cookie πͺ.
I think everyone is fading away from this con man
Somebody paid him to keep quite!
Talk about AMC!
SEC aint doing anything. This affects apes abroad as well. Time to contact INTERPOL. lol
Use to love this guys vids until he switched up but most YouTubers nun new
I like how Cramer asked what would we do if this happens again? as if he knows its gonna happen again.. lol