Foreign The doctor thank you. What up dudes! What up duties? Uh, we're here. We're here to talk about what's going on in the power. We're here to talk about stocks, options Futures Crypto, the debt ceiling negotiations and how AI is ripping the market higher and higher and higher.

Here's what I want to do: I Want to break down all the most recent updates related to the debt ceiling negotiations and apparently how now some of the Republicans are calling for the ousting of the Speaker of the House Kevin McCarthy So I want to get into that drama like I said. this is Bachelor Bachelorette level drama but just on the political scale. So hilarious we're going to be getting into that then I Want to break down some of the interesting things to pay attention to this week specifically how it relates to AI Because right now if you guys have it up in your screen, if you're watching me in real time, you'll know that C3.ai is currently ripping off faces as I'm saying this live to you, it is currently up 29 and it is looking strong into close. You know what else is looking strong the overall.

Market Tesla The only thing that isn't looking strong right now is NVIDIA on the intraday chart and that's probably because Jim Cramer said that it's going higher so of course it has to do the exact opposite. So I want to explain all that and then at the very end, I'll give you an update on all of my current positions and if you guys want to do some chart review, if you have some questions of your own, that is the perfect time to do it. So welcome back to the Mad core show I'm Matt your course Together we are the show. Make sure you are subscribed on both Rumble and on YouTube if you want to join the free Trading Group and there's also some premium versions to it.

It is pinned to the top of chat. it's in the description of the video macross.locals.com You can click on it pin or it's in the description, click on it. If you want the premium version for free, just put in the code Goonie and that's kind of where I put like all of my trades in real time. But beyond that, there's a lot of other stuff going on such as the seasonality, other people posting their trades, thoughts and opinions, everything in between.

Ideally, within the next two months we will successfully get it hooked up to a Discord uh, all through Locals there. But anyway, Macwars.locals.com use the code Goonie, G-o-o-n-i-e to get in for F-r-e-e which spells free for any of you who don't have a pen and notepad and know what I'm spelling out. So anyway, with all that being said, let's get ready. T2 Rock very quickly as we have about 25-ish minutes to go in the rest of the day the market was selling off for most of the day.

Found support around 2PM and then we pop. Surprise surprise right when the Bond market closes, we get the old Switcheroo Why is that not coming up? Oh there it is. Anyway, the Market's selling off almost all day 2 p.m Bob market closes, we pop, we come in, make a higher low. Let's see if we can push above 421.

By the time the Bell goes dingy ding ding ding, everything else is looking pretty good. C3.ai up 29 trading at 42.50 My calls on that play are already paying. In fact, in real time, those are currently up. Holy crap 74 and they're moving up 4k on that.

almost paying off for how much I'm down currently on my Nvidia calls and then Tesla I have those calls as well and slightly down on those because I think I got a little bit overzealous. Your boy got a little bit excited. Hey, I'm a little bit of a degenerate like are you really expecting anything new? Let's run through all the major things that maybe you miss throughout the day as you're probably being in net benefit to society, most likely doing your job properly. and I was here just Doom scrolling on the internet because I don't know what else to do with my life Dow Falls The street weighs chance of debt ceiling passing Congress so over the weekend you probably got the vibe that this was like a done deal.

and then today when the market was gapping up and everything was as green as Hulk itself, you're probably thinking, okay, cool. Well, unfortunately, apparently it's not that straightforward. We actually have some Republicans that are, um, being some negative nancies if you will. Debt Ceiling Bill faces a tough path in the house as GOP opposition grows.

Now please, before your eyes gloss over before you have flashbacks to your Civ class in high school. I Don't want to do that I Just want to remind you that obviously you have to pass both different compartments of Congress the house and the Senate You pass both of those, you start in one, you go to the other and then you go to the President. That's how a bill becomes a law. But when we're talking about something specific in the house and remember Kevin McCarthy the person who's been negotiated this with President Biden he's the speaker of the house Within the house.

For something to get onto the floor for a vote, it first has to pass the rules committee and they decide how you're allowed to debate and blah blah. all this other boring stuff. Well, apparently starting a mere 20 30 minutes ago, that group met and some of the members specifically, two of those members within the 13-person subgroup were like I don't know bro I Don't know if I want to vote on this and I'm going to let you know more of some of the stuff that they were saying, but that's actually why the Market's been coming down because of just this new Newfound consideration that maybe this isn't even going to get voted on and I do. Also, you want you to know just for posterity's sake that even though we were told Time and Time Again by smeagle herself Janet Yellen that the June 1st was the X date the day that America runs out of money and there's just no more Uh, no, that Ken's already getting kicked down the road to now June 5th.

Just so everyone knows debt Ceiling Bill faces the tough path in the house that GOP opposition grows. So basically you have some people who are a little bit more hardcore on the Republican side who don't even like what's going on now. I Kind of don't blame them because I perceive the situation that the Republicans had a lot more leverage going into this and the deal that's currently on the table. And of course we'll be going over all those details I would argue it actually is like not as severe in terms of the democratic lens as you would really at.

First Imagine The compromise Bill to raise the debt ceiling faces its first major test in the 13-member House Rules committee. Remember, house rules, they're the people who decide if it gets onto the floor for vote for the overall house. Two of the panel's nine Republicans have signaled that they will oppose bringing it to the house, floor for a vote and that's why the market has been coming down and down and down. GOP Hardliner calls from McCarthy's ouster over debt limit deal.

They're getting so mad that they're literally saying this dude should now be out of a job President and House Speaker Kevin McCarthy are in lobbying mode today as the debt limit deal looks set to be voted upon tomorrow. If it can make it past the rules committee in the house today, Bloomberg's Anne-Marie Horton is joining us now from the White House with the latest. So Anne-Marie we know a deal was just step one. Now it's step two to get to the Finish Line Walk us through what we should expect today and in the days that follow, Well, today Kaylee you have house lawmakers coming back to Washington Remember they're supposed to be in their districts this week a lot of them were home for Memorial Day Um, parades and other other events and now they're all coming back because they have to vote on this bill.

So but you say correctly, you have to do The first test is going to be this rules committee. There are three Ultra Conservatives in there. Do they vote to even allow this bill to hit the floor? That's going to be one of the first steps for speaker McCarthy as he tried I like how Bloomberg's even calling it out sorry deposit but I just still find it funny every time I See it: Deal barely dense U.S Budget Deficits Bloomberg's number one comment on this is deal barely dense U.S Budget Deficits Love it. Absolutely love it.

Advice to navigate his members. they're also going to be having he will be meeting in person with his conference this evening. Potentially a place for many of them to air some of their grievances with the the bill and others to show their support for him and then if it gets through the house with the vote set up potentially for tomorrow, then what we would have it work through the Senate and in the Senate. While yes, the President has spoken about the fact that he's spoken to Mitch McConnell and he does think that you know there is a path forward to this before.

June 5th Where the Treasury Secretary says that is the hard-line deadline for the debt ceiling, there's going to be a number of Senators Who may want to make this a much more difficult, long run out process? You have the Senator Mike Lee Who wants deep spending cuts to raise the debt ceiling you have Lindsey Graham over the weekend speaking to Shannon Bream on Fox News Sunday Talk about the fact that he does not think it does enough for defense spending when you look at a three percent raise when you factor in inflation. So any one of these Senators can make this process much more cumbersome. So yes, there is a path, but it is not exactly going to be the easiest and that is why you see Biden and McCarthy really trying to work the phones and coalesce. The centrists in their party to make shows gets over the finish line.

So some of you are starting to realize now today why the market has been selling off and not really pushing even though we started off so strong. the the term they used was cumbersome. and to some of you that makes sense. And then to others of you listening right now you're probably thinking what does this have to do with cucumbers and both are very fair questions.

And let me see if I could do my best to explain what's in the debt limit Bill kill key Provisions in the Biden McCarthy deal to avert default, a whole bunch of nothing. essentially debt limit extension to 2025 and it's uncapped with some of the hardcore Republicans Do not like at all. The core of the deal is the suspension. the debt ceiling currently 31.4 trillion until January 1st 2025.

as in uncapped. like they can just kind of run it amok if they want spending levels. The agreement includes spending caps for the next two years to set up the Appropriations process. So on the Republican side of thing, the bill would resend about 28 billion in unspent covered relief funds to me I don't even know why they had to negotiate for that if it wasn't spent for the thing that it was allocated for.

of course, bring it back in. We probably have better things to spend that money on. It would eliminate 1.4 billion in IRS funding and shift about 20 billion to non-defense funds. So I have a little bit more detail here: Proposed debt ceiling would cut part of the 80 billion IRS funding a tentative deal to raise the debt limit limit it includes up to 21.4 billion of IRS budget cuts, slashing part of the nearly 80 billion in agency funding The bipartisan Bill resends 1.4 billion of the money allocated to the IRS A separate deal would repurpose 20 billion for the fiscal 2024 and 20 25 years.

So you're probably hearing 1.4 You're probably hearing 20 billion and then you're probably hearing those two together I myself was confused on it and that's why I wanted to share with you that the IRS is actually taking a considerable hit, but you've probably heard three different numbers being thrown around. One of them is money allocated and then the other one is just like money that was set for 2024 and 2025 that's not going to be diverted elsewhere. And once again, that's all for the IRS where we it would restart federal Student loan payments after a lengthy pause that began at the start of the Rona period. So right there.

obviously. uh, some people are a little bit upset about that one. Let me share what Biden had to say sorry to keep you waiting, but uh, we've got good news. We've gotta just focus speaker McCarthy and we've reached a bipartisan budget agreement that we're ready to move to the full Congress and I think it's a really important step forward.

Excuse me and it takes uh, the threat of catastrophic to fall off the table protects our hard-earned and historic economic recovery. and the agreement also represents the compromises means no one got everything they want. But that's the responsibility of governing and this is the deal is good news for I Believe you'll see every American people. The agreement prevents the worst possible crisis on default.

For the first time in our nation's history, an economic recession, retirement accounts devastated millions of jobs lost. It also protects key priorities and accomplishments and values that Congressional, Democrats and I have fought along for long and hard for. investing in America's agenda that's creating good jobs and communities throughout the country. It protects Social, Security, Medicare and Veterans and so much more.

The Speaker and I made clear from the start that the only way forward was a bipartisan agreement that agreement now goes to the United States house and to the Senate I strongly urge both both Chambers to pass that agreement. Let's keep moving forward on meeting our obligations and building the strongest economy in the history of the world in the history of the world. So those are as of now, some of the major overarching headlines that I want you to know of this proposal once again as I'm filming this with all of you on Tuesday May 30th it is currently a proposal it is not yet passed. the president has not yet approved it.

so I Just want you know this is the major things going on on the Democrat side of thing. It also knows that the bill would make no changes to Medicaid and leave Social Security and Medicare untouched. Honestly, based on the fact that the Democrats had a lot more to lose in this situation based on their negotiating, I think the Democrats are actually looking pretty good I Think once again, because of the leverage the Republicans had, clearly they did not use it to their utmost ability. I would argue that this is a very uh, benign Bill uh, benign agreement.

I'm actually surprised it's not much more severe I Didn't think they were going to go the way of austerity or anything like that, but uh, the severity of it in a general sense is much less severe than I thought. which if I just had a guess I mean I'm not a senator, but it just feels like they or I guess the speaker of the house. It just doesn't feel like they necessarily negotiated to the best of their ability. That's the major thing going on.

Uh, just to wrap this part of it up with the push and student loan borrowers into repayment by Fall If nothing in the debt ceiling changes, once again, it's not solidified quite yet. The pause on federal student loan payments will cease to be effective within months. However, the Biden Administration was able to keep in sweeping loan forgiveness plan off The Chopping Block in the negotiation. So that's where we're at.

We're going to probably find out more today. Uh, right now. the House Rules Committee. The committee that once again puts it on for a vote within the house floor.

they're meeting literally. Now if you're watching this live and then allegedly later on, some of the Republican cohort is going to be meeting again. So I'm sure we're gonna have some big updates on this whole situation in the morning. Just so everyone knows, the other big story of the day is NVIDIA Ai and basically the hype wave, especially in the stock market that is now Ai.

Speaking of which, let's check in on everything. So Nvidia is able to hold 400 I would prefer it be over 4 4 86. That's where it's a trillion dollar company. 404.86 is the trillion dollar line.

AI C3 dot Aai is ripping and closed currently up to 31. They report after the market closes tomorrow I have calls on that I also have calls on Tesla currently holding above 201 with my risk being around 197. I will use today's low as my risk moving forward on Tesla on AI It's a binary bet that it crushes earnings after the market closes tomorrow and Nvidia pushed too far this morning for me to hold on my put. so I close them always figured I could re-enter and then I figured you know what? there's so much AI hype Maybe I'm being a little bit too fundamental, a little bit too technical.

Maybe I just need to open my heart up and be a bit more of a degenerate and just join the party. So I bought more calls and now my face is getting absolutely kicked in and I know why this is happening. It's not because I didn't read the chart. Well, it's not because the technicals.

It's not because of fundamental over evaluation. it's because of Jim Cramer Jim Cramer's defense have been videos. Valuation and highlighting its moat can positively impact investor sentiment. The company's Q1 Revenue beat estimates and the stock has driven significantly year to date, indicating strong performance and potential for further growth.

I accidentally went the same way as Kramer and it's cost me probably ten thousand dollars on this trade alone. I didn't know it I I just got I got cramered. someone in chat just shouted out at me I got crammered and I did get cramered I'm upset I'm very upset. it's just I thought everything was going my way.

but when Kramer goes the same way as you, it's just the absolute Dart in your heart, the dagger in your heart, some sharp object in your heart, just ruining it. So I just want to let you guys know about that. but for those of you who want to know a little bit more higher level Nvidia touches one trillion market cap after beating Rivals to AI So great earnings beat by billions of dollars. Raise their guidance for the next quarter and basically said hey, we're the hottest things since sliced bread so you better get on the rocket and then everyone's like sick and then over the weekend everyone's like like you could hear the chattering on their teeth.

They're like what's going on with the dead limit, what's going on with the debt limit and then Nvidia is like Hey we're gonna have a conference and we're gonna let everyone know that. You might have thought we kicked ass before, but now we kick ass in style and we're doing even cooler stuff and that relates to like AI super computers and basically as long as you say AI over and over and over and over again, it seems like your market cap keeps going up and I just had this crazy idea like I don't want to get too far off on this but we also learn that meta AKA Facebook their stock started to rip when they just started firing everyone. So I just want one of these companies to grow a pair of balls, Get on their earnings, call and say hey, we're going to use AI to fire everyone and I feel like the stock would 10x a thousand X overnight. So that's just my my idea.

and I know there's probably a lot of CEOs of like Fortune 500 companies watching this stream right now. so if you are, that's my free pitch to you. Say you are using AI to fire all your people and then obviously replacing them all and I think your stock actually might go to Infinity so just wanted to put that out to everyone. too rich for Kathy Wood Nvidia Shares stretched valuation limits.

Do you know how overvalued something has to be for Kathy Wood to be like I don't think we could hold on to that one anymore Miss I'm going to own every disruptive Tech play ever. She actually got out of Nvidia quite a bit of her Nvidia before the actual explosion. To the upside, what a bummer for her, she was all like I'm writing disruptive text forever and ever and ever. and then she even got out of it.

That's how wildly overvalued this is getting and that once again is just driving home the point that fundamental valuation does not equal stock price. In a perfect world, you think that it might, but remember, it's much more of crowd psychology. It's much more perception of where this is going and people right now are really, really looking at some pretty high perception for NVIDIA Nvidia is now trading at 37 times its Revenue price to share price of sales excuse me and 202 times its earning price to earnings. This is the kind of craziness actually to less of a degree that we saw in the.com bubble.

Yes You heard me right. The craziness we're right now seeing in Nvidia Ai and any related company is more craziness than we saw in the.com bubble. In the.com bubble, we had some of these stocks trading at 10 times their revenue. Their price to sales Nvidia is trading at 37 times.

This isn't just the definition of being fundamentally overvalued. this is we're in a com. We need to crack open the thesaurus and come up with another word. This is the word is insanity craziness.

The word is hype. The word is bubble. That's all right. But I'm not going to stay here and be like oh, you can't do it like no.

The hard thing with bubbles is you just don't know when they're gonna pop. This thing could go way bigger I Don't know I don't want to be that person. Do I think that this eventually comes down? Yes. I do I strongly Do I think there's going to be that Gap field at 305 at some point.

But I'm not saying it's going to be today, this week, this month this year. I Don't know this thing could Going and going and going. For all we know, it's one of these things where as more people get confident that it has to come down, they bet against it. and then those people get blown out and it makes it bigger.

and bigger and bigger. So it's It's not a technical play, it's not a fundamental play. this is just the market itself. It's hype like and it's actually really, really fun to like.

I Guess see play out in real time. The thing that I find particularly noteworthy about this is when it has something. When it happens to a company like Gme the media, everyone's like I can't believe retail would do this. This is so inappropriate, making a mockery a mockery of our trading system.

But then, yet, when it happens to a bigger degree on something such as Nvidia they're like, yeah, no, it's like a little bit of a bubble, but sometimes that can happen in Tech It's just so to see the two-faced nature of if it's driven by Wall Street they're cool with it. Like yeah, that's a little bit fundamentally overvalued, but whatever, we're crazy. It's summertime, and then if it's more of a retail thing, they're like, how, how could they, How could these retail Traders do that to us? Um, so I wanted to share this with you that yes, it's fundamentally overvalued, but remember, fundamental value doesn't always necessarily relate to stock price or stock value. and there's other things that clearly have to be taken into account.

and that's what's happening with AI Right now, Ai is a hype cycle. You can play to the upside: just be very, very careful with your risk because this type of stuff doesn't last forever. If you think things just go rippity, skippity doo-dah and then stay there. You gotta look at some historical charts because things can go up in a crazy crazy fashion and that most likely just means it's going to come down in an even more catastrophic manner.

So be careful because you can play. Both Sides The people who are really paying attention here are going to make money up and down and make a lot of money while doing it. And my argument to you is, just do that. Don't get beholden to one side or the other.

Play the price action with proper risk to reward management. You don't have to be devoted to the bull camp or the Bear Camp No, No, no, Be devoted to your P L growing. I'm going to say this one more time. For the people who are maybe like your managers yelling at you or your spouse or maybe you're in class right now, do Not be a devout member of the Bull Camp or the Bear Camp Your job is to be a devout member of your P L growing as big as you can possibly grow it.

Do Not be beholden to an individual group outside of like any realm of reading the chart or fundamentals or technicals. or Price action or the tape or anything like that. If you're just blindly min-handing a situation, it's only a matter of time before you seriously blow up. and I'm saying this to you from a person who's done it who's taken those missteps.

I'm not trying to say like hey, hey, I know better, blah blah I'm letting you know about the trapdoors that I fallen into a lot of them publicly with all of you watching and I think maybe as a group we work a little bit together to avoid those in the future, so just wanted to share all that. Moving on to tomorrow from a seasonal standpoint, Uh, tomorrow does favor the Bears. The Bulls have won this day 47 of the time so pretty much flipping a coin. But when the Bears win, they win in a more handed handle.

They win pretty handily is what I'm trying to say. I mean it's been coming down and down. so even though it's about 50 50 when the Bears win, they definitely add up those losses. So that's for Wednesday May 31st.

Also, tomorrow after the market closes, we get crowdstrike Salesforce C3 ad I did make a Miss statement this morning I'm gonna have to ask you guys to uh, excuse me on that one I said this week the only one I'm really paying attention to C3 AI Yeah, I'll look at the Salesforce and the crowdstrike numbers but I forgot that broadcom is reporting and if you think Nvidia is going crazy, if you think C3 AI is going crazy, you need to bring up Broadcom because that stock is going nuts. and honestly, it came onto my radar because of good old. Wall Street bets. So I believe it is Avgo? Yes! AV Geo Look at this thing.

This thing went from 600 all the way to 930. Obviously, right now it's getting a little rocked. I Mean look at the volatility. I'm missing 920 down to 800 in one day.

This is not for the faint of heart, not for the faint of heart whatsoever. I Just wanted to bring it all up to you because it's going wild I Have absolutely no position on it whatsoever I Just want to let you know that yeah, it's probably going to get even more insane after that reports after the market closes on. Thursday With respect to Market events tomorrow, we get the job openings number. we're gonna get the beige book at 2PM and we have a couple other fed members speaking and this has nothing to do with the market.

but I Wanted to share with all of you because it's still pretty crazy. Theranos founder Elizabeth Holmes reports to prison to begin sentence if you don't know who Elizabeth Holmes is she is The Mastermind Behind Theranos, a blood testing company that was essentially completely fraudulent. Disgrace Therano CEO Elizabeth Holmes Reported to prison today Tuesday The 30th to begin her more than 11 year sentence U.S District Judge Edward Davilia ordered homes to surrender no later than 2 pm local time on Tuesday and she's at a minimum facility in Bryan Texas A federal jury in San Jose California Convicted Homes of four counts of defrauding investors in Theranos which adds up to more than 11 years in. The Slammer Crazy story, Absolutely crazy story.

and it's just it's so nice to see these Forbes under her 30 under 30 winners once again being in the news. You know, just getting a little bit of their Limelight again after being Forbes 30 under 30. just like SPF from FTX just like that Charlie girl from the JP Morgan scam. Just like the laundry list of people who are on Forbes 30 under 30 and end up being completely 100 fraudulent criminals, it's actually insane how high their accuracy is with picking some of the worst people that you could possibly pick.

on. that note, let's switch it back up. let's check out what's going on on the market. Uh, spy, not holding that push I Assume this is going to end up relating uh Charles Gasparino tweets Carl icon telling people that he's spotting his next move against Hindenburg at the right time because Renge's revenge is best.

serve cold. Well, he better do it quickly because he doesn't have much time left looking at how far that Stock's coming down. I'm completely out of that IEP Put uh, so everyone knows uh, Nvidia I wanted to hold 400 and it just needs to hold it for me for about another two minutes. I have Nvidia calls right now here.

Let me quickly go over my positions with all of you. Nvidia June 9th for 35 calls. this is somewhat related to the AI the C3 AI play I figure if that crushes, there's going to be another wave of excitement in AI related names and that somewhat relates to Tesla as well. which I have uh June 16th 220 calls on.

That is more of a technical breakout I wanted in I wanted this one to basically hold 198 today. Really? I was looking at 185 but in my like heart of hearts I was hoping for it to hold above 198 and we essentially have done that. So I'm holding this one man C3 AI is ripping into close currently up 104 on that one I would have had a phenomenal day if I didn't do those freaking Nvidia calls. See the issue here is I'm up 5K on my my AI calls but I'm down 10 10K on my Nvidia calls so it doesn't really net out for me right now.

Uh, so I have those ones oh just for a little bit of LOLs I Also have Target puts which are printing right now I have Target puts I kind of just did it like whatever you guys were talking about I was like okay, it could be interesting I did that 125 for June 30th and those are already up 23. so the target puts are up 23. The C3 AI calls are up 104. the Tesla calls are down 17, but I'm still feeling good with that because that's June 16.

the only one I'm really currently worried about is my Nvidia June 9th calls. but as long as C3 can crush it with their earnings I think Nvidia couldn't get this breakout and the retest of that 415 level so we'll see how it all goes. Those are currently all of my active trades. Uh, like I said could be better has been worse.

So real really? I'm just thankful that we got we're riding this. C3 AI Craziness. Really? just the AI uh. insanity if you will.

That's what I have for you. In terms of the main: Show Are there any questions? Uh, the bell's about to go dingy ding ding ding. On the day we have less than one minute, it looks like the Spy is gonna close pretty much break even. The cues are going to be up around point four percent.

Nvidia did end up gaining 2.9 today IEPs up eight AIS up 33 apples up one Target's down three Tesla's up Four Rum is once again approaching that 10 mark up 3.4 percent. Bitcoin's currently sitting just below 28, 000 Ethereum sitting just below 2K Overall, not much happened today. I I Would argue that it was a little bit bullish I think the Bulls would are going to count today as a win, but I think the excitement really gets going tomorrow on any updates related to the debt ceiling negotiations and then into Market close as we hear more of this AI reporting. so C3 AI will report, then there could be some sympathy place side and then the day after that we hear from Avgo AKA broadcom and see if the AI wave is continuing.

So there's two things we're watching politics, debt ceiling and then also how high is or how big is this AI bubble gonna get So lots of exciting stuff, lots and lots of exciting stuff. So with all that being said, hit me with your questions folks! I Have your questions up right over here. would love to do it. would love to do it here I could even uh, let me, this might be a little bit better so you guys can see the clothes.

um AI I mean Jesus up 33 those calls are crushing it. Oh as I'm waiting for your questions to come in which I can see them over here. um when I'm doing those trades like the C3 AI play all that stuff or the updates if I'm cutting if I'm entering if I'm doubling down that type of stuff, it's all on the Locals Community Macquares.locals.com It's pinned to the top of chat. it's in the description of the video.

Once again, Macquares.locals.com There's a free version and a premium version. The premium version is only a hundred dollars for the entire year. Ten dollars a month. Hundred dollars for a year.

Uh, that little bit of a discount there. so check it out. You can try it out the premium version for one month for free by putting in the code Goonie G-o-n-i-e obviously on plays like AIC three or C3 AI I always reverse it, that's already up 6K So I would have already paid for like 60 years of you being in the community I Intentionally priced it very very low. Uh so Macross.locos.com pinned to the top of chat in the description of the video.

Um, hey, Matt what are you training on I'm on Interactive Brokers I'm on Weeble uh, I'm on tradestation. uh and I also have a little bit of money left over in my thinkorswimmer account, but mainly right now Weeble and Interactive Brokers. Congrats again! please let us know any future kiddos. Coors Lights Brian that's hilarious I Love that! uh, how are we looking on those Tesla calls right now I'm down 17 but I have a lot of time I'm feeling confident I Like the technical breakout: this is a swing play.

It was never intended to be a day trade. We're holding the breakout level. We actually cleaned up the chart. It got the downside: Gap fill bounce off of that.

Uh, if we get this, follow through in the next day or two I think we could see actually Tesla exceed 210 uh I think that could happen actually this week. so I'm actually liking it even though I'm down I'm still feeling confident. The only one that I'm not feeling the best about and it's because I was stupid and made too large of a bet was the Nvidia call situation when it started swinging back up right here. I got a little Chasey a little Revenge trade on my stupid Nvidia puts so I chased one stupid trade with an even more stupid trade.

so um, that's why I'm just on even if it works out I'm not feeling good about it because of like my reasoning for getting in so not happy about that but I love my risk reward setup of what's going on with Tesla I love what's going on with C3 Ai and I love what's going on with Target It feels like when I got into those positions it was well founded. good risk reward and I'm comfortable with it. Nvidia if I did my own like psychological breakdown of it it's much more of it was Chasey and I was getting greedy so just trying to be honest with all of you guys in real time of like where I'm at mentally on all these things um and hey I'm not perfect by any means by any like. that's why I want to be honest like if you're coming to me and you think I'm just like crushing every single train and I'm like a disciplined Monk and crushing this crushing that uh I wish I was there.

but no I'm just trying to be honest about like my successes but also my downfalls because anyone these I'm so sick and tired of these gurus who are like everything everything I trade is just I'm the best Trader ever. 110 accuracy always making it. no no no no no, even some of the best Traders are losing 50 of the time. That's why if you focus much more on your risk management, that's going to be a better use of your time rather than accuracy.

Obviously you're not going to be getting anywhere if your accuracy is here, but most of us are already around. like winning half and losing half. So the way you can still use that ratio and yet become a profitable Trader is your risk reward management and that's really where I'm upset with Nvidia is I accidentally did two times the bet that I wanted I doubled up the risk that I wanted to actually play and that's what I'm most upset about with on that play. Maybe I'll get lucky sometimes.

it just like breaks in your favor anyway so it might work out but I'm still not happy with the trade. All right, All right, All right. All right. All right.

All right. What else do you guys have? What else do you have? What else do you have? What else do you have? Uh, Carvana I Just be careful with it. I Think it could keep going up, but I think it's going to come down even more aggressively. Uh I wouldn't be chasing it once again.

Keep your risk minimal. Ride the trend. Ride the train. ride the trend.

That is not something. I Would Diamond hand at all eventually I Do think Carvana comes back down. It is a fundamentally poor company in my opinion. Maybe the way you do fundamentals is a little bit different.

Carvana is not for me. Even if you look at the price action, all that stock does is pump and then dump. So for me, yeah, you could play it. but I think there's a lot of retail who came into the trading World thinking you just Diamond hand everything You have to be bullish.

You have to buy and you have to have the utmost conviction that's not real trading. that's once in a while it can work out and you can make a lot of money. but you make money by exiting at the right time. or at least the best time that you can.

So with Carvana, yeah I think you can make money to the upside. and then when that's all done I Think you can make money Back to the downside. Yeah, All right. All right.

All right, All right. do we have anything else? What time does? C3 AI report after the market closes tomorrow Wednesday Not today, Not today, Not today. Tomorrow the 31st there is no C3 AI report today. it's after the market closes tomorrow.

So about 24 25 hours from now. Just so everyone knows. hey, do you mainly trade options options and Futures and I have a retirement account where I just invest in stocks but I like the leverage of options and Futures So basically I'm invested in stock, I'm invested in crypto and then I actively trade options and futures. All right, All right, All right, All right.

All right. All right. Well, that's what I have for you on your way out. It would be awesome.

Phenomenal! if you could destroy the like button and do not forget to subscribe on both Rumble and YouTube and then sign up for the locals. Community There's a free version and a premium version that's 100 for a year. only ten dollars a month. Like I said, the C3 AI play would have already paid for 60 years of access to it.

But if you want to try it out for a month and see if it's for you, use the code Goonie, G-o-o-n-i-e and you'll get the premium for free. The type of stuff that's in there is all that seasonality every single day of. like what the next day is going to be. My entries, my exits, other people within the communities, their entries, their exits, all that stuff.

And as soon as I can figure out the technical issues with it, we will be connecting the locals Community to Discord There's no connection quite yet, but ideally that will be happening in the next one to two months. At that moment, the price is going to go up. so if you want to be grandfathered into the ten dollars a month thing, you could just do it now and then. you'd have to be basically taking on the risk of just a month or two.

Uh, because at that moment, as soon as the Discord's live, we're going to probably go up to 20 for one month and then it's going to be 30 from there on out. just so everyone knows. But hey, it's all up to you. That's what I have for you I'll catch you tomorrow morning bright and early 9 A.M and hey I Hope you have a great night, hope you're able to hang out with your family and your friends, and I hope you're ready to make some money.

but that's what I have for you. Love you bye bye oh bye look love you bye bye bye See you later alligator bye in Wild crocodile See ya See him in Okay bye bye bye bye bye.