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The Matt Kohrs Show
Interviews
⇒ You Will Fail At Trading: https://www.youtube.com/watch?v=JUNAsYhki6Q'>https://www.youtube.com/watch?v=JUNAsYhki6Q
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⇒ Options Picker: https://bit.ly/Tiblio
Socials
⇒ YouTube (Non-Live): https://www.youtube.com/ @MatthewKohrs
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⇒ Twitter: https://twitter.com/matt_kohrs
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#Trading #Stocks #Options #AMD #AMDEarnings
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.
Foreign. Thank you Foreign Oh brother oh brother oh brother oh brother. Good morning, Good morning, good morning, good afternoon, good evening, good night. Go whatever freaking time it is for you.
This is the Matt core show where today I'm backwards and you could be the show so we'll see how that all goes. It is a beautiful Wednesday August the 2nd or should we call it the day after and what I'm talking about is the day after. the US's credit worthiness got downgraded from AAA to double A Plus Now if you go on to Fintwood at all, that's all they're talking about. Every other tweet I see today is about this downgrade.
Is it a big deal? Kinda? Is it of because the deal as mainstream media and Fintuit is having you believe not not really like it? Yeah, it's gonna cause a little bit of a downtrend I would assume. but don't forget the Market's been ripping non-stop from March Until now it's almost I Mean I Think it's now, we're almost in on 40 or 45 days that the Spy hasn't gone down one percent. It's just I Think yeah. There's a couple things to consider here.
First of all, the facts and the figures of what Fitch did. their reasoning and basically their reasoning was that the US government isn't fiscally responsible. Uh, Kamala's Harris response to it is hilarious. Yellen's response to it is hilarious.
The last time this happened, the market did sell off by seven percent previously I believe it was 2011. Uh S P. another ratings agency. The top three are S P Moody's and Fitch Fitch is probably the least influential of the three.
Previously, the US's credit worthiness has been downgraded happened before. This isn't an unheard of event. It's in my opinion, more of an embarrassment to our government than anything else. It's not like when you go from AAA to double A Plus like people are still buying your bonds like it's not like hedge funds or Pension funds or ETFs or all of a sudden now selling off your stuff thinking that you're not going to pay back.
So it's to me, there's a good likelihood in my opinion that this does cause some bearishness, some selling pressure in the overall Market But if anything, I think it's more theatrics. I Think it's more of pie in the face of the government because the reasoning is that their government are acting basically like children. So I'm not all of a sudden like I see so much doomsday, so much Doomsday of what's going on here. if you go on like oh my God we're going to zero.
We're going to Zero brother. Honestly I Think it would be hilarious just to like embarrass all these people who are now calling for doomsday if we actually end up green on the day. now statistically I don't think that's actually gonna happen. but I think it would be so cosmically funny the market Gods above throwing this at us and then we end up with a green day I think it'd be hilarious.
Now once again, that's not my base case once. I Honestly for me on the Futures Market if I see something going on, if I see a good opportunity, I'll probably get that against Market just because I think we've been going up for too much and maybe this is the straw that finally breaks the camel's back. But I think it'd be so funny if if there's so many people now to say oh, we gotta go, we gotta go down We got to go down. Remember the market likes to make the most people pay. it likes to put the most amount of people in the most amount of pain and this could just be a truly hilarious way to pull it off. Not my base case, but we'll see what's going on. So yes, today the big development I think it was breaking yesterday when I was on the stair stepper. there's that like TV at every gym and they're like breaking news and like CNBC was acting like it was freaking Armageddon like we have some very serious news to share with all of you.
The rating agency Fitch has downgraded the U.S government's credit worthiness. We have gone from the Pinnacle of the mountain, the peak of the mountain, the tippity top of the mountain of AAA rating down one step to double A Plus which functionally has no Financial impact, but it does have a giant embarrassment impact for the U.S government as basically Melissa Lee that was my. That was my interpretation of Melissa Lee I Don't know if I get really nailed it I Don't know if my voice is necessarily high enough to pull off a Melissa Lee but that's how I interpreted it when I was on the stair stepper yesterday and obviously the Futures Market gap down on the news, the Spy is down right now. Like reasonably, we're taking a bit of a bear.
But don't forget this recent push, we were within five percent of the all-time high. We were within five percent of the all-time high. If we take a little bit of a reversionary hit. Okay, yeah, dude, fine.
Guess what's gonna happen? The Market's gonna be open tomorrow. We're gonna be fine. No impact Market is in the crowd when didn't When did I ever say no impact Uncle Lappy Nuts Uncle's Lappy Nuts uncles is that your name uncles Lappy nuts I Hope people like you are never on jury because like just your, uh, your interpretation of fact and reality is just so far off base. No.
when did I say there was no impact? I Literally just said I Think this will cause some bearishness but like I'm not going to be sitting here calling for doomsday I mean if you look at Twitter right now, if you're on fin twin every other thing. do you know how many threads I Had to read this morning about credit worthiness and Fitch and rating agencies All apparently all of Twitter now is experts in rating agencies. But in reality, if you talk to anyone on Wall Street rating agencies are a joke. These are not like your nerdy PhD Economists like experts.
They're not your intellectual Titans that have a crystal ball telling you where the next day the Market's gonna go within. Wall Street A lot of people make fun of these rating agencies. You know what the rating agencies did. The rating agencies were still the exact same people who told us that everything during the great Financial crisis in 2007-8 and nine they were good. Those are the same rating agencies. They're like, yeah, no, no, no, all these highly leveraged piece of crap mortgages. all these subprime mortgages they're A-Okay We're gonna give them the top rating so folks chill out here. We're not necessarily dealing with the smartest people in the room.
We're not dealing with people that have some sort of Stellar track record here. It's not like we're talking to a clairvoyant, know-it-all Market Genius. We're talking to the people who told us that the housing sector was all good. all good under the hood.
We looked brother dude like, let's just understand who we're talking with. All right, let's understand who we're taking this from. It's an embarrassment, That's what it is I Wouldn't be surprised if there's a bit of variousness produced from it, but it's not like, oh dude, gone to Zero brother. That's not how this is gonna go, that's rating agencies should get on.
YouTube Oh man, everyone chill I Feel like today is going to be a day where we're doing a lot of hand-holding and you just got to prep yourself no matter if you're looking at this. If this is making you a bit bearish, great buy. Some puts get short against the market, but does it really change the name of the game? Does it change the name of the game of getting in in optimal risks or reward scenarios? Respecting your risk. If you're wrong, you cut the position.
If you're right, you ride the trend as long as you can reasonably ride the trip. It's not like it changes the game plan of day trading or swing trading. It might change your little bit of your plan of investing, but none of you in here are probably like coming to me. For hardcore investing guys, you're probably here because you're a degenerate Gambler and the casinos aren't open yet.
so like let's just be realistic of what's going on. All right. I'm just a little bit of a little bit of a a chill pill. uh I Went to school with Fish And That dude is wicked smart with the Fitch it's just like one dude I like that Up Periscope The concept that Fitch himself is just like a singular dude just we have Mr SMP Mrs Moody and the Mr Fitch.
It's just three individual people who are like, all right. This is my opinion on everything. and for some reason we all just like think they're right about everything. Like uh-huh uh-huh this is what Fitch just said.
um Matt is having a temper tantrum on the obvious yields are soaring. Dude: Try to finance a loan for any business I Don't know if you've been looking at yields in general, but they've been soaring. You think that they're soaring because of this. You think loans and bonds and that has been doing nothing until August 1st of 2023. Dude. I Don't want to pop your bubble here, brother. But we've been in an inflationary environment which has caused the FED to hike up rates. and we've actually been at the the highest fed fund rate we've been at in over two decades.
but that probably has nothing to do with it. You know what? I think you're right. Uh, I I think none of that happened until this moment. Probably had nothing to do with the monetary policy decisions, probably had nothing to do inflation, probably had nothing to do with oil it.
It's all because of this. it. You're right. We should subscribe to your channel.
Everything was hunky-dory Nothing was going on with yields. and then all of a sudden August 1st 2023 hit and here we are. here. We are it.
Don't even talk about mortgages mortgages up until yesterday were at their three four percent and now they're at. they're seven percent. That all happened overnight. Um, let's just yeah.
don't don't worry about that. Uh, where the are you guys coming from with this? See how like, like, just spun up media gets everyone in these events. Like this is one of the downsides of the current communication ability uh, we have because of Technology Everyone is so interconnected and everyone can share their opinions and media which is always going to be there just to make more money. All they care about is bottom line revenue and there's been countless studies on it.
If you can get something emotionally charged, particularly negatively, emotionally in charge, it gets more people to return. It gets more people to listen. It's just it's for them. This I'm going to be a capitalist through and through.
but I'm not going to sit here and say capitalism is perfect and it's these types of things that kind of show some of the downfalls of capitalism of sometimes. why let the truth get in the way of a good story. You know it's one thing to have a good story and to push it and you get more clicks, more advertising dollars and it just gets everyone spun up. It really just gets everyone spun up and that's what it is.
So with today I Hope it's more of a wild day. The last two training days have been boring. I Would love for a big range day I Would love for an opportunity to make money, but all of a sudden is this the end of like our economy in the markets? No, this is just kind of another day in the world of training where hopefully it's a little bit above boring like that's I think what we could really be looking for today. so obviously we need to be going into all that.
I know a lot of you are probably like all right hang on I Heard about Fitch last night I see that the Market's down right now, the Spy down, it's not even down one percent. We're down point seven percent. Ask yourself being down point seven percent here. Let me let me just take a quick second here.
Let's let's put some. The market from October till now has run 31 percent. In about 300 days, we've ripped the overall. Market is ripped if you want to look at a closer time frame. If you look from mid-march until now, we're up almost 20 percent with what maybe one, two, three red weeks. But this didn't even break below the low. This didn't break below the low. This didn't break below.
This didn't break below the low. This didn't break below the low. So I would argue. From mid-march until the start of August, we've in fact had no noteworthy red weeks.
In fact, every noteworthy week has exclusively been a bullish green week. And now, when the market in pre-market is down 0.7 0.7 I'm saying 0.7 I'm not saying seven percent I'm not saying 70 I'm saying 0.7 percent. Everyone's like dude, oh, we're going to zero everyone. Buckle up.
Get ready for the depression. Everyone just strap up because we're going into another recession. Depression like chill, chill. You know, everyone.
Just breathe. Breathe. It's gonna be okay. Let's get, it's okay for the market to have a red D.A or red week and I might go out there.
This might be a hot take. It might even be okay for the market to have a red month. When's the when's the last time we even had a red month? Uh, the last Red month we had was February one, two, three, four, five. On the way for six green months now.
Honestly, that might be the most ballsy thing that I've said that gets me canceled by Cancel Culture. But folks, we're okay. We're gonna hold hands. We're gonna sing Kumbaya and we're gonna get through this together.
You know it's if this is the worst thing you have to deal with this week, month, or even year, you're doing great relative to all the other going on. You are doing a okay, no need to freak out sock Futures fall after Fitch downgrades U.S Reigning earnings season continues honestly Apple which is reporting after the market closes tomorrow. If Apple ends up beating, that's going to be the next media cycle like this will dominate news for like today, maybe half of the day tomorrow. But if Apple Beats dude, everyone's gonna be like who's that Fitch I don't I don't even I don't even remember like we're all talking about Tim Apple right now and the market ripping to a new high because of Apple's beat If they beat I don't know if they're gonna be if I knew I would tell you I wish I knew I wish I could make a bunch of money off it.
but in reality I'm just not gonna play it. but I'm telling you. think about this. everything in the world in the world of the interwebs.
it lasts for about 24 36 at an extreme 48 hours. And in this particular media Financial cycle as soon as we have numbers from Apple and Amazon after the market closes tomorrow. Dude, this is old news. This is all.
this is old old news. So let's not get our panties in a twist. Fitch downgrades U.S long-term rating to a A plus from AAA So this all came out yesterday. obviously the market thus far not reacting too kindly to it Fitch's Us credit downgrade Sparks criticism along with unease. Honestly, the funniest thing about all this to me is inherently Fitch's reasoning and I wrote it down because I just wouldn't want to mess it up. Uh, Fitch has quote unquote loss confidence in the government's fiscal management. so they're basically just calling out the government saying yeah, you don't know how to manage money, You're like you're no, they're just saying no brother And if you look at all these other AAA rating things like I mean if you ask me if I had to give a dollar to either the US government or a company like Apple or Microsoft and I and you ask me, who do you feel more comfortable with paying that loan back? I Mean have you seen our government? It's the blind leading the blind. I I 100 100 would rather give my money to something like Microsoft or Apple as a loan and Trust in them to pay me back now I Still believe the US government will pay me back obviously I Believe that.
But if we're talking about a likelihood, have you seen what's going on like okay, before everyone gets up in arms and like no, the US government will always pay everything back. Here is the official. Here's the official response from the second most important person in the world: Kamala First of all, it's two letters. It means twice in a plus which as we know is the best grade we can achieve together.
You know there's not many things I agree with with Kamala but she has a very fair point. She has a very very fair point that this is technically two times as good as an A plus. And for anyone in here who went to school and a plus. is the best grade you could get.
so we're as as a public as a government, we've actually doubled the best grade you can get. So I that's it. That's pretty much the that's the show I Don't know what else to cover because like, that's just. that's just knowledge.
That's straight up fact. That's straight up knowledge. and obviously obviously she's YOLO in some calls into the market today. U.S Debt downgrades things Global markets but economists are not concerned.
Well, that's kind of interesting because I feel like Bloomberg is being a lot more unbiased in this situation where they're saying hey, this could cause some craziness and then CNBC as Mark cohotis would refer to them the cloud Network um, they're just saying now every everything's A-Okay Breaking Treasury Secretary yelling calls Fitch downgrade of U.S Credit rating arbitrary and outdated. yelling strongly disagrees with Fitch's decision. It only took a Regional Bank crisis and a near U.S default for rating agencies to realize the USS situation is unsustainable and honestly, this is an excellent point. It is unsustainable.
Total: U.S Debt levels are expected to rise from 98 of GDP in 2023 to 118 of GDP in 2033.. by 2053, debt to GDP in the U.S is expected to hit an alarming 195. Hopefully, today's downgrade of the U.S credit rating brings some more attention to this topic. This is unsustainable. 100 accurate it. So I Guess to be more precise with my thoughts, do I disagree with this Fitch downgrade No. I don't we've had Banks Blow Up we've had inflate like there's a lot going on that? Yeah, okay, like have you seen our government? Does anyone truly have faith in them to figure out anything with efficiency morality with any form of expediency? I don't So I don't disagree with Fitch's downgrade I just kind of disagree with like the fear-mongering that is now being pumped into everyone's veins I Just okay. I Think it's an accurate downgrade I Think the Market's going to need to take its medicine I think the economy is going to need to take its medicine and I think we take the medicine and we're fine I Just disagree with the fact that we should be I don't know.
so subjected to the fear-mongering that is currently going on. Why the U.S credit rating was cut by Fitch and what it means Americans Generally expect to be number one at everything. Hell yeah brother. America So the downgrade of the country's credit rating for only the second time ever rattled the country's pride in the Global Financial system.
The U.S was stripped of its top-tier Sovereign Credit rating by Fitch on August 1st echoing a move more than a decade ago by the S P Global ratings. Both markdowns were spurred by bitter standoffs over the nation's borrowing. history suggests that the impact on the financial markets may be short-lived So even right here Bloomberg Just spit in some facts: short-lived Impact Though the move could provide fodder for more political battles. As I alluded to before, this is more of a political theater thing than anything else.
and it's an embarrassment to our government that it got downgraded because these rating agencies don't have faith in them figuring things out in an efficient, timely manner. Fitch Said the one step downgrade of a rating of AAA Plus reflects an erosion of governance that is manifested in repeated debt limit standoffs and last minute resolutions. The double A Plus rating is one level below AAA meaning the US no longer has the Fitch defines the highest credit quality, while Fitch says the double A rating denote expectations of very low default risk. So still, when you're double A everyone's still buying your stuff.
It's not like anyone's assuming that a double A Plus is actually going to default. That's a step down from the lowest, uh, expectation of default risk for AAA borrowers. Similarly, the top rating is assigned only in cases of exceptionally strong capacity to meet Financial commitments. while double A Tier credit score indicate a very strong capacity. so it's not like they're sitting there saying nope, the government's not going to pay off its stuff anymore. It's saying yeah, no, with a sterile a very, very high likelihood it will. It's just not the highest likelihood. And just so you know, the last time this happened it wasn't fit.
It was the S P rating agency and they cut the US government's credit rating in 2011. if you look into it yes, that this did cause a negative bearish reaction in the stock market, some suggesting that it caused about a seven percent hit just from this event over multiple days, do I expect in the short term there to be some bearishness? Yeah, that's my expectation. but if we don't see it, we don't see it once again. In this particular situation, it could be completely undone.
Unwound if Apple and Amazon both beat after the market closes tomorrow. Speaking of which, after the market closes today, we have PayPal Shopify Qualcomm Oxy Unity Robinhood Obviously, tomorrow we're going to hear from Amazon and Apple also including Coinbase Airbnb and DraftKings Friday Fubo. Nicola Next week we have Disney Feel free to screenshot this. Feel free to check it out.
Uh, but the big one from yesterday after the market closed was AMD. AMD Reports better than expected results even as PC market shows continued weakness. So right here they beat on earnings per share and they also beat on Revenue. As of this morning, AMD is currently setting up 2.4 percent.
Obviously, it was up higher yesterday, but the downturn in the spy and the queues uh, unfortunately hampered its bullish performance. This morning, AMD considers making a specific AI chip for China to comply with export controls. So if you don't know about this in the world of semiconductors, when you're talking about CPUs Gpus, the US government is basically saying hey, you can give stuff to China but it can be nowhere as good as the stuff you're giving to us. So they're thinking about making a whole different chip that is technologically less Advanced Uh, probably just to also help with their bottom line.
Clearly, early this morning, private sector added 324 000 jobs in July Well above expectations. Well, the expectation was in the realm of 189. So the economists the predictors. You know all those fancy schmancy people that have the pedigrees on their wall and are paid to do this and are as wrong as they are right? Uh, well, they were way off on this one.
They were expecting 189. It came in at 324 at 10 30 this morning. Uh, we should be paying attention to oil just because we're going to get crude oil inventories and oil has just been holding in the low 80s looking very, very strong. Um, came into 82 but kind of like we're just in this Chop region.
So I'm not going to be chasing oil here by any means. but I would love to see this test of 83.50 so this could easily prompt that. Knowing what's going on with crude oil inventories tomorrow at 9, 45 and 10 a.m we're gonna get some PMI numbers and then on Friday We're going to start the stream a bit early because we're it's the first Friday of the month and the first Friday of every single month. You get the unemployment numbers from the previous month. So just a little bit of a look at the macro economic calendar with respect to today. Wednesday August 2nd this is historically a bearish day. It's about odds 50 50, but when the Bears win, they win at a bigger size than they do the Bulls. So I would say it's leaning bearish.
It's not the most absurdly bearish seasonal day we've seen, but it definitely does slightly favor the Bears Five Things you should know before that stock market bill goes Diggity ding ding ding today Wednesday August 2nd slow start. Yeah. I mean the market has kind of done nothing to the start of this week and the start of this month mark down. We talked about Fitch uh, conspiracy charges so there is actually on the political side of things.
A lot of things going on with Trump former president Donald Trump has been indicted for a third time, this one relating to January 6th so we could cover that in more detail in uh, after the market open laying off. So CVS actually had good earnings and they also announced they're laying off people to just kind of cut the fat pick me up Starbucks coffee chain Starbucks Got a jolt during the second quarter from International sales with same stores sales outside the North America jumping 24 so kind of echoing the performance of McDonald's where the global growth like the international growth is actually kind of impressive. So uh, just pointing out some similarities we have there. Now on that note, I do want to point out a couple things: hang on Tup I Made a video on it yesterday, but it's the newest squeeze candidate.
It's not really a candidate. it has been squeezing. It's up 700 800 percent in this recent push of a couple days. I have no position on it I'm not long I'm not short I don't have calls I don't put I miss my entry but it is fun to watch.
It's a good old-fashioned short squeeze gamma squeeze. It's just a high flyer so it's fun to see what is going on here and just it's really fun to see how high it can actually keep going AMD reporting earnings so I kind of want to see how that one goes in more of the larger picture. Here's what I'm looking at. so the low from yesterday is 455.49 We are currently trading at 453.34 so that means that there's an upside Gap fill of about two dollars.
Will it happen today? The odds are good, but it's obviously not a guarantee. Obviously, there's a little bit of fear going on in the market right now. So with that being said, I Do want to track this. Why is this all messed up? Well, this isn't.
This isn't right. This isn't right. Let me fix these. My apologies: I do want to watch these downside levels of 450, 250 and 450 150. This is clearly a region of support if that snaps. If 451.55 snaps the low from Thursday July 27th. That gets interesting because then we might be targeting this downside gaffle all the way down here to 443. But obviously we could cover that in more detail if we start to break down.
Once again, your big serious warning shot comes if the Spy gets below and stays below 451.55 That's what I'll really be watching in the overall market in terms of the cues. obviously. Upside: Gap Fill: we have it to 380 69 currently trading in 379.16. So about a dollar fifty.
Uh, if we end up snapping 380, which we're below if we don't recover from there I'm definitely then watching this 370 lot. Excuse me. 375 level the low once again from Thursday July 27th, why do these not update for me? Interesting. All right.
So those are the major levels: I'm watching on the spy and the cues. So obviously the plan here is for the first 10 20, 30 minutes I'm watching the market open I Want to see what's going on there I Want to get an idea of are people truly that panicked by this? or are they just going to be buying the dip? Um, doing that. If there's particular charts you want me to look at, let's get into it. Um, right now I have a tup just because it's a potential squeeze.
It's been squeezing. AMD had earnings. Obviously we have the overall Market in the NASDAQ on the left side of your screen before the Bell goes dignity ding ding ding and you only have five seconds. so you better do it quick.
Are you bullish or bearish on the day personally? I'm leaning bearish on the day. but I want to know your thoughts. Are you leaning bullish? Are you leaning bearish? Please comment it right. Meow.
or it doesn't count. Doesn't count if you comment it late does not count. Uh, what is this? Uh, Red Bear? Bullish? Vix is up good. I Mean the vix has been destroyed lately.
Flat pololies, bear bull. Slightly bearish. All right. All right, hang on.
let me. I need to update the title really quick. Fitch Downgrade. All right.
Well, there are still some Bulls in here, but it does seem as if more of you are bearish. is Matt secretly a furry? You never know? You never know. Red Day Futures have spoken bearish for real? Um I think Obama's still running American in the ground with the Deep State that's a a bold thing I Thought Obama was just kind of living his best life in his private world. as like now a rich man.
didn't he make like 30 mil or 35 mil off selling his book? He's probably just like a rich dude that like hangs out now. a rich dude doing Rich dude things Rich dude doing a rich dude thing Obama is definitely involved I mean he probably gets so bored that I assume he's probably just like yeah dude, we have to do I have to do something here. Uh, let me bring up the Spy because I do All right. So we are coming up to this first: Target of 450 250, this is the low from Friday July 28th. If that does not hold, then I'm looking at the low from Thursday July 27th at 451.50 so 450 250, 450 150. those are my initial targets I Want to see the reaction there? Want to see the reaction there? I Don't know what alerts are going off, but it's kind of getting annoying. Uh, we kind of got close there 20 cents away. Uh tup getting hit today going down 21 AMD is actually now red on the day.
Oh I Feel bad for you If you had calls you got you got a tough beat. tough beat, tough beat you. You made it and you made the right call. If you had calls, you were right on earnings.
The market reacted the way you thought it would and then the Fitch people you should just send them your bill. You should ask for a refund on your calls if you were yoloing AMD calls um to Fitch just send your bill to Fitch Just be like dude. Not cool man. uh uh uh.
Matt We go bullish. The Futures have spoken always do the opposite. Here's how we're looking in the Futures market right now. Obviously the market internals are bearish.
Wait, where did that go? There they go. They're finally loading in. Okay, uh, right here. Bearish.
Market Internals: Uh, obviously the EMA has clearly been down trending. Uh, on a daily perspective. we are below the previous day's low from just a trend following Trader which is how I identify myself I say they're like hey, what's your name and I'm like oh, I'm a trend following Trader and they're like we ask you for your name and I was like no, you need to know like about me like my name doesn't matter you need to know who I am Um, that's basically how my all my awkward first encounters go. Um, but they're like who are you I'm like I'm a trend following Trader Um, if you also identify as a trend following Trader Um, things are pretty bearish Things: The market internals are bearish.
We're below the previous day's low. The market on a larger time frame is overextended. Uh, so for me today, unless there's a crazy recovery, I'm either just going to take no trades or I'm going to take my specific sniper-esque opportunities to see if I could get a downtrend. But I'm not going to chase this out of the gate.
You kind of. You guys know my vibe at this point, you know my vibe. I'm looking for vomit, a bounce back up into the moving averages and then I want it to start to turn over and I want to attack at that moment. Do Not chase a breakdown.
Do Not chase a breakout. If you are chasing. you're a loser. You are a big fat worthless.
I should have said worthless. that was over the line. My apologies, you're not worthless because you do have worth by the fact that you might stop doing it and then all of a sudden you'll be better. But don't be a big fat loser.
I should have said fat because that's also fat shaming man. dude. I'm going off the rails today. Just don't be a loser. All right, That's all I have to say about it. Just don't fat shaming trade shaming good. You know the one thing about that? like the world doesn't want to talk about with bullying. Honestly, calm down, Wisdom, it's so harsh.
Sometimes with bullying, it actually is like a course correction to do something better to like be behaving the way you should be behaving. So I'm not talking about brutal bullying like obviously there's a line that you shouldn't be getting over. I'm talking about like that sibling-esque bullying uh I had like the the fortunate I guess upbringing of having an older sister and I mean it might not like be evident to you guys now because I'm basically a fashion icon but I didn't always have this sense of fashion when I was growing up. so in middle school and a little bit into high school I would like whatever, throw on random clothes and I had the sister who'd be like really, you're gonna wear that so that's the bullying that I'm like kind of talking about where it like could be helpful where you're like oh okay, like it's a bit of a course correction.
um I think I think there's a level of bullying and a time and place where bullying is actually beneficial I fully understand I fully understand that there's a line that can be crossed and it's not good. Obviously it can go too far, but a little light buling if you can't handle it. Dude, move on with your life you know Matt sounds like my wife as in now as an adult male she's still looking at your clothes and saying um, you sure you want to wear that out You mean Matt wasn't always a fashionista no I wasn't I remember one time at a middle school dance I wore like these off green off Brown cargo pants and I was confused why that wasn't a good decision. that must have been seventh grade I think it was like a seventh grade dance Yeah, these like cargo not shorts cargo pants that were kind of like an earthy green brown and um I remember when I got there being so embarrassed that I chose to wear that because everyone looked a little bit better.
That was the moment in my life that I was like you should probably stop wearing such dumb um uh, does your sister approve of the spacesuit and sunglasses I think it's come so far like around the circle with her that at first my my clothing sense was pitiful so she had to bring me up to like a reasonable level but now I think she's at the opinion now where I'm like dude, what are you wearing like but it's because I've I've exceeded her so far now in my sense of fashion uh I I just don't think I I think she currently has the same opinions on my fashion as she did back when I was in Middle School but I think it's for a completely different reasons I think in both circumstances it was a fashion she didn't understand. but I now a fashion icon have just gone so past it that like I just don't think it's kind of looking directly into the sun. You know one of those things uh uh, what is the best bang for trading slash saving depends where you are. Man depends the kind of person who you are. uh, does that mean no more? Ducks no The opposite. In fact it actually means more ducks more Ducks They're a quick mats quick fashion. Tip of the day is that more ducks will always improve the aesthetic. You can't have too many ducks, so if you're looking to like Steal My Fit Just add more ducks to it.
Just add more. Just add more ducks to it. Uh 2a2a28 Why are you Roamer Why are you spamming 2A What does that mean? and could you not? One duck is good, but two is better exactly. Tup down 19 AMD down one percent.
The Spy got a bit of a pop there bit of a pop. uh please don't forget at 10 30 I believe 10 30 we get the crude oil inventories so coming out in about 59 minutes ADP non-farm roll employment came in way more than expected. They were thinking 189 came in at 324. Uh, Radar Radar right? or right? where are we at? Oh uh, so some of you.
well judging by the amount of people who are in here, some of you missed the update stream from last night and I've never used a prop account before and I chose one that a lot of you guys were recommending and I had a very difficult time getting it hooked up to Ninja. And it's not because the process itself is difficult, it's because I already have so many things hooked up and going on with Ninja that I think I had abnormal technical issues. But anyway, I didn't know what I was doing because I've actually never traded on Ninja before. I've used it for like statistical back testing, systematic back testing like that type of a thing.
Um, because they have their own ninja script. But anyway, that's besides the point. So I've used ninja but I've never used ninja to actually trade. so I had an issue hooking up the prop account and I didn't think I hooked it up and then I did hook it up and I was it took me like one hour to blow up my first prop account like I don't I don't like to brag or anything.
really too much of course I do I love to brag. Maybe this is just a thing that I should be bragging about I think I May own the record for the fastest prop account blow up like I think I S I I did I don't think I did I did a speed run of blowing up my first prop account because I just did not know what was going on I didn't know if I was trading on the right Sim account I couldn't get my chart data to load I didn't know what was happening but just my pure talent. Even in such a fog of War mindset I still crushed it I still had a record breaking performance and I don't think there's been a prop account blown up faster than I did it. so I just want to throw that out there.
So whenever any of you are talking me on Twitter and you need various accolades, make sure you include that one Mac or's best Trader On the side of the Mississippi The Billionaire Battler the fastest prop account blower upper uh it goes on and on like it's kind of like a um the way when you're watching Game of Thrones and like it takes half an hour to just give all the intros for Daenerys Uh, that's how it's becoming for me in the market, in the market, in the market. a A plus uh no, we gotta get that lower. stay puffed I don't want to be that high. We're going to hit those numbers a little bit lower, a little bit harder your boy. By the end of the day. by the end of the day, you're about I'm gonna go from AAA to a double A Plus Let's see if we can get that down to double A minus and if I if I really have it in me, if I truly have the talent, I'd be able to get that down to a B plus by the end of the day. So uh, have no fear. um I know you guys are sitting on the edge of your seat in pure anticipation trying to figure out how am I going to blow up my second prop account.
But we're gonna do it and we're gonna do it in style. especially because I think I now know how to properly execute trades on the platform. So I'm excited I'm excited I'm excited. Uh, spy going down falling daggers.
This is definitely a B plus stream too high. Just give it some time. Josh I'll get your vote down to a C Uh I don't honestly like I know sometimes it's good to have I guess a little bit of an ego, a little bit of a hubris. a lot of these things you have to have confidence in yourself that you will be able to pull it off.
and I wish I could tell you I could get this down to an F rated stream by today. but honestly, just in a in a moment of humility in a moment of truth I don't think I could do that kind of performance in just a day like if you gave me like a fortnight I think I could do it. Um, but as much as I have confidence in my own skill set, I don't think I could lower the quality of this that quickly. So um I know sometimes like when I break character and I tell all of you folks like just some like honest, uh emotional opinions of like myself and my trading.
Kind of like breaking the wall. Maybe it jostles you a little bit, but I know I know you guys come to me for like just unworldly performance in the world of both streaming and trading. but I just don't think I could lower it that much this quickly That plays fortnite. Yeah, just give me one.
Fortnight just give me one gaming company and I'll I'll pull it off. uh I bet on pressure from the White House we soon will have another AAA rating change. Um, do you want me to call up Joe I could ask him. uh ooh if we do it though, we have to do it quick because he does have a 10 a.m nap.
So you if we're gonna call him like I don't know. he's maybe already drinking his warm milk. but obviously at 10 A.M it's his first nap of the day. So uh, if you guys want me to call him we would.
we would have to do it soon. Uh, but he might be in that that 9 45 Maybe he's like the warm milk meeting. Uh, it's tough. It's tough. It's tough. The 950 ice cream sandwich. Oh man. question not to get political or anything he says wanting to get political? Who do you out of Fetterman? Feinstein Biden and McConnell out of those four Biden Fetterman McConnell and Feinstein those four write them down if you need to or just rewind the video.
Who do you think is the least competent? Who do you think actually scares you the most that they have a position of power like I guess Basically I'm asking you, who do you think is the most brain dead out of that group you left out Nadler What What happened with Nadler Beyonce interesting with Connell Biden Fetterman Feinstein Biden McConnell McConnell Feinstein Biden Fetterman. You guys are actually all I Thought there would be more of a consensus. So okay, so Feinstein I think Feinstein's starting to get more votes. Uh Fetterman McConnell Biden Einstein Biden Fetterman Biden Dude, this is I didn't think this would be this.
These might be almost perfectly 25 25 You guys have a lot of big opinions on this interesting all trash. Well that's like they're all old people and their brains are failing on them. Uh so I feel for them without a doubt. I'm just curious who you think is like the least competent.
The Four Horsemen of mental incompetence I mean it's kind of sad. Like at a certain at what point does it become elder abuse is my question. At What point does this become elder abuse? All right? At What point? hang on, we might be loading up for the first trade of the day here. I Got all I Got all excited that craziness was going down.
All right. All right. All right. All right, let's see a little bit of opening volatility here.
62. hmm wait, why is this order not I'm trying to set up an order if there's a breakdown in the Futures Market Kind of back into this concept of working on future strategy and seeing if I could pull it off with um, this Prof account type of a thing. All right order setup. Uh, you'll hear it.
If it goes off, it'll go. Oh brother. but um I'm just waiting to see if we actually get a rejection here. off these moving averages.
Uh, what is this dude? It's so annoying all this order confirmation we'll see, we'll see. Um, Basically what I'm looking for is a breakdown on the spot like I'll be playing it through the Futures Market Uh, just because this account doesn't have 25k and in the Futures Market There's no pattern day trading anyway, so you could trade as much as you want. so it's just a nice thing to consider. But what I'm looking for is a breakdown below 450 275 Because we vomited, we push back up into some basic moving averages and I'm now looking for the like, the fall over and my definition.
The way I would interpret this: Market is the fall over. Um, could be coming if we are evidently pushing below 452. Uh, 76. I'm just targeting this recent low that we saw at 9 41. but as of now I am in no position. Um, what alert was that? I just have random alerts going off at this point I don't know necessarily what's happening. Uh, uh. Interesting.
interesting. Hang on I Lost chat for a second, but I think you guys are back. All right. So this should be taking a trade soon and maybe I should do it in the prop account.
see how quickly I could blow up? uh, a whole second one? Uh, if I do that, hang on. Where are we at? Are we actually going to be going down here? Order filled, order failed. That's the prop account Dude, this is so annoying. How do you move these things? Uh, the ninja Trader like charting I don't quite understand how to drag it the way I need to.
Which is do we have any what is a prop account? Dude, that is a great question that I'm trying to figure out myself. uh, I'm in at 64. apparently I'm risking 70. and then if I'm in, did I just have like random orders sitting here right now I can't get this chart to move the way I need it to move whatever Dude, we'll see how it goes.
Um, a prop account? Uh, once again. So this is my first dealing ever. My first. The first time I've ever ever traded on a prop account was yesterday.
So I'm not coming I'm not speaking as a person of Authority or expertise or knowledge or anything with that because like the first time I've ever used one was yesterday. but on the highest level. a prop account. especially these ones on the web like you might have heard of.
like prop firms that's a little bit different. A prop account or at least what Finn twit and Reddit refer to them as are all these accounts that they if you can pass one of their trading challenges and they're actually really hard challenges to pass and it's based on like basically like your positive performance they give you they'll fund your account. So basically you have to pass what's like referred to as a combine and basically you just have to trade well based on like various things and if you do it then they fund an account for you and you're using their money and you end up like obviously there's gonna be risk management where if you do poorly they just cut your account off but then if you do doing well you get in, you're using their money but then it's a profit sharing like kind of whatever set up with them if you are performing. To my understanding, a lot of prop challenges are intentionally notoriously difficult.
It is very very difficult to pass them. Um so like it. It's not like everyone's like oh great I'm just using someone else's money all the time and you risk it. no like it.
They really really make sure you kind of like know what you're doing to the point that like um even some of the best Traders Like statistically it is tough to pass these challenges. Now it's not impossible. A lot of people every single day are passing the challenges and then they're using it and I don't know the facts, stats or figures on the ability to uh like have continued success afterward. I Think it gets a little bit easier because a lot of these accounts they change up like what your trailing stop loss is in your P L and all that good jazz. Um, so there's something out there I Tried one yesterday instantly blew it up because I didn't know what I was doing I didn't have it properly connected. uh to the brokerages you have to have it connected to. But once again, when you're passing the challenge, you're paper trading. Uh, so like you're not really risking your money, you're not risking their money, you're just kind of going for it.
Um, and then if you pass it all and you're trading with real money, then you end up getting into it like a profit sharing thing with them. Um, so I'm using one right now and before I guess I let you know what it is or anything like that before I like I just wanna I'm trying to validate it a little bit myself I mean I guess I could give you guys the code if you want to check it out I don't do you guys want the code I figured I could mess around with it myself a little bit. Um, but if you I don't know if you guys are interested I could get you a discount code um I've reached out to the company a little bit because I actually first had questions of uh oh that other trade I heard the Oh Brother um I heard the old brother. Uh so this the oh brother was on my like actual account.
Just want to clarify not not the product Oh brother is very much my actual account. Um okay so I am in at 62.25 the risk is 70 50. So I'm risking eight points here. Let me just show you my current trade that you heard uh uh 54 is my target I'm going for like a measured move.
so I'm risking four, five seven, oh twenty five That oh brother that you heard uh basically I know that there's some bearishness. There's some bearish concern in the market today. I Waited for the market to puke I waited for it to pull back into the EMA I'm looking at the market internals, they're still bearish on the day. Uh, this right here.
it's the Futures Contract but it's the same as the Spy I mean if you look at it, the bars are going to be the exact same because it's they're derivatives. Well, this is an ETF the other one's a Futures Contract but they're all tracking the actual S P 500 so like they're gonna be doing the same movement. It's just a different way to play the same thing basically. But anyway I'm playing it on the Futures Market One advantage I like at the Futures Market is there is no pattern day trading.
and basically I looked for this pull back up into the EMA I was looking for the breakdown of it. The breakdown just came in about the last 10 minutes. So I'm looking for a measured move Target and the measured move Target would roughly be of 54, 54, 54, 54. Uh, in at 62.50 So that's kind of what I'm looking at right now kind of what I'm looking at uh I will be watching this trend line because it could just be the old fake out liquidity grab kind of breaking below this low and then they pop it something I'm obviously going to be watching for see quite a bit of weakness in AMD I Feel bad for anyone who's playing AMD because you kind of got it right. it's just like this Fitch thing. uh, definitely messed you up. definitely messed you up. Um anyway, where was I let me set up these orders.
Uh, 6225 So 59.25 would be three points. All right. we're gonna see if this pushes or not 59.25 we'll just go down to 59 flat. All right.
So I have an actual trade on and then that prop account just to learn what this is all about I have the that on um Okay Cool. So I think I'm set up the way I need to be set up What I should be doing dude I think I need another monitor to pull it off because I have my tradestation open I have Ninja open I have obviously all the stream stuff I'm just running out of monitor real estate right now, running out of some monitor real estate tup try to make a bit of recovery. was down like 24 25 now down 17 hanging out at 447 but it's a bloodbath. You could see the I mean here.
Actually could show you a little bit right here. Um, Healthcare is up UNH Like we have some green in the world of healthcare. Actually, let's check that out. Uh, what is it Xlu? Um, no, that's utility.
XLV is Healthcare So that's actually green. It's up 0.3 today. So a little bit of a win in the world of healthcare. but if you look at energy, energy is down by one percent.
It vomited this morning. Try to bounce. now we're watching it. Financials down point: eight percent Utilities are actually up as well.
so utilities and Healthcare are having an okay day relative to everything else. Uh, Industrials are trending up, but they're still actually red on the day and technology is getting slaughtered. Xlk down 1.5 percent. and you also see the NASDAQ which is down 1.3 percent and Q is down 1.36 percent.
Uh, so the Spy currently down 0.77 The queues down 1.33 Apple Down Point: Eight: Microsoft down 1.4 Tesla Actually, Tesla's holding on percentage-wise somewhat well. Tesla with a recovery for sure Nvidia Not having a good one vomited this morning, actually still showing some weakness. Recently made a new intraday low Netflix which has been an out performer this week. Um, down 1.4 Meta vomited hard, but making a decent recovery Amazon Actually looking weak Amazon looking week Apple going straight so Amazon and AMD not having the best of days not having the best of days which is definitely a shame.
Definitely a shame. Um, so my plan with uh I want to do a three-part scale out? Uh, what was it? 54, 54, 54 . Um, so I for some reason instead of doing 10 micros I did nine micros I don't know why I did that? Um, but anyway, I'm looking to I'm short on the Futures Market at 62.25 I'm looking to capture profits at 59.54 Uh, chunks of three chunks of three and then the final three. I'm gonna move my stop to break even and I'm gonna let the run and run to see if we have a type of a trendy running today. Um, those ones I I don't I wish I had it off the top of my head I don't have the exact odds of when those do or don't work, but that's what I'm looking for. That's what I'm looking for on Ninjatrader. How do you like drag? Why is this such a pain in the ass when I'm in a 60, all right tune, arbitrarily updating things in the prop. we'll see how that goes.
All right. Spy, sold off, hard, bounced, and now we are sideways. Please don't forget that we are actually going to be getting a crude oil inventory report in about 28 minutes. A little bit under half an hour oil currently sitting at 81 a barrel.
Uh, definitely a bit of a hit this morning though at 9 15. AMD Unfortunately I mean I Really do feel bad for people who bought calls because you made a prediction that was in line with recent Trends. It was a nice technical play and then the numbers came out. It favored you and the market reacted in the way you anticipated and now it's just getting hit.
Um, on the Prof account. When you hit your goal, you can't have a win. That is 30 of the goal. Oh well, that's interesting.
Yeah, what the hell did AMD report in its earnings? Amd's earnings were good and this is part of the reason. I Mean this is a good good example of why I'm not the biggest fan of playing earnings, because not only are you trying to be predictive of how this session goes of like the last, like fiscal quarter um, which about a 50 50 shot, then you're also trying to predict is the market going to react to the actual report the way you anticipate and then on top of that? And obviously this happens with like more Rarity You're also trying to figure out if there's any other crazy announcement that's going on in the market. So for example, AMD if you bought calls, you're like I think they're going to beat on earnings. They did beat on earnings.
And then based on everything else, the market still reacted in a positive way. So in terms of like, obviously your odds continue to go down and down and down the more you consider these things. But anyway, you predicted earnings right. You predicted the Market's reaction right.
But then there's a random event. obviously the Fitch downgrade that just kind of rocked the whole market. So like there's just it, statistically, it is hard to really pull this off time and time again. and the only way you can do it really is even if you have a solid methodology.
I Think one of the biggest thing that's missing in the world of retail trading is a good understanding of risk management. And really what I'm talking about is like unit size bedding. and obviously I'm myself like, um, an abuser of this. like I always go too big I always go too big I mean some of the most, uh, like I think it's not unrealistic when we're doing degenerate stuff and retails betting whatever 10, 20, 30, 40, 50 of your portfolio I mean I Know some of you in here have literally gotten full port bets 75 of your portfolio like it's crazy and then if you read like these math books of like kind of the Kelly Criterion of like how much you should be betting, there's a very good mathematical argument that at no time you should be better like you should be not risking more than one or two percent of your entire account. So if your account is a hundred thousand dollars, no singular trade, even if it goes busts and blows up in your face, should cost you more than one or two percent. Or as in, one or two thousand. Um, so I think there's a big thing within the world of retails? Like we simply just kind of bet too much. We kind of bet too much.
Have you heard any news on the SEC suing? Richard Hart founder of Hex and upholstering? Yeah. I made a whole video on it. We It's kind of yesterday's news. Uh, I keep long-term plays in 10 chunks.
Yeah, so temper tent chunks are fine, but it's how much you're rich. So like if you're using 10 of your portfolio, but then your drawdown is like 20 of that position. That's two percent for the overall account it. You're looking to keep your account drawdowns less than one or two percent.
Um, so to figure that out, you'd have to look at your risk and then you could kind of like do the math the backwards way to figure out. Okay, like, what should your sizing be? But I mean that's what they say you should do and mathematically, it's probably right. Um, but I mean I am like pretty much the what is it like it's not I don't want to call it Gamblers Anonymous like I think we should call it Traders Anonymous I'm the first one at those meetings every week just saying oh yeah, full ported it again even though we just spent the entire last meeting saying we're not going to ever full port our accounts ever again because it's just like it works and works and works until it doesn't and then I'm at the next Trader Anonymous meeting being up did it again the the full port Anonymous meeting All right Target filled. Ooh my prop account just hit some sort of Target but that's fake money in in real time right now I'm trading my Futures account and I'm trading a prop account.
so the that like I guess more robotic female voice is I think the prop account uh the oh brother like my own voice that's my like legit account which um like I said I'm short nine Es contracts nine mes like I'm trading the micros not the minis. uh I'm short at 62.25 and it's about to hit my first Target at 59. 59 59 59. come on or a point away. uh but the prop account I think actually did something it was supposed to Sweet I'm not I don't know I'm not really sure a total p l is five hundred dollars on the prop account. So fake money once again if I'm saying prop I just want you guys to know that right now I'm actually referring to very much fake money. Um, but you were saying that I'm not actually allowed to have that big of wins like if any. So if you're scaling in and brother, All right.
the oh brother was my actual trade. so I scaled out of that first position Target Filled all right, the prop account hit its second position I basically put on the same trades in the prop account in my real account I do like this trade. Um, and now that that second one hit, I'm gonna move my stop to um, just above break. Even so, I'm not risking money anymore on on the prop account.
Not that I was risking any money to begin with. um I'm about to scale out of the second position on my actual money I need to just think about different names for these accounts instead of like our like I don't know. stumbling my way through be like oh, this is real money. Oh, this is fake money.
Oh, but this one's real money. Um, but just scaling out I scaled out of one third I'm about to scale out of the second third and the final third will just be a runner. A runner, runner, runner runner runner. Um, so wait, can someone explain to me no singular trade can be more than 30? It's for prevent people from getting lucky.
So my question is is if okay, let's just say let's use my current trade as an example: I went short 3s contracts in the prop account and then I'm trying to fill one I'm trying to fill one and I'm trying to fill one lower and lower and lower. Now does all that count as a trade like one trade for your account? Or is that actually three individual trades? If that. If my question makes sense. I Think Prof is the prop account prop and real I'll just use prop and real.
Uh uh. You think you were responsible enough to check that when you look at me? What part of you makes you think I'm like a responsible person? Did you just not hear my spiel about being the leader of the trader Anonymous Meeting where we always have rules and we know enough about the market and then we break our rules every single trading day. Did you just not hear that? Spiel And now you're just like, well, you should have. You should have read the fine print.
You should. You should have read the fine Purdue If you look at me and you think I'm a fine print reader, let's be realistic. Let's be realistic. your hair is always lined up That seems responsible evil.
I Appreciate that if you guys have noticed. I am back to the original I Am back to the O G the original Pomade in my hair. So if you're wondering, dude, Matt How are you crushing these trades in your real account? In the prop account, how are you having such a a clear understanding of the Matrix that is the market? How are you reading these charts? Better than most people can read a book folks? It's the hair I got I got that right hair Pomade So I'm back to where I should be back to where I should be Uh Matt My girl has a crush on you I have a crush on your girl I Think the three of us could come to some sort of understanding, but it's not just your girl I Have a crush on you and your girl. You ever notice how when people talk about live, uh, love triangles? they're actually talking about love angles I Think that's one of the biggest, um, kind of mess-ups that we currently have going on in romantic culture? Is everyone's like oh? I Love Triangle Love triangle Love triangle. It's not a love triangle, it's very much a love angle. Um I Just want to throw that out there. Feel free whenever you guys are at a bar or some sort of social Gathering and someone's talking about a a love triangle. you should just be like, oh, like the two dudes are going at it too and they'll look at you confused and you'll be like, oh, you just said a love triangle And obviously for there to be a triangle, there has to be like a three-way connection.
So just a little bit of a hot tip there for me. that's Pro tips Pro Trading tips for Matt uh uh, incorrect love Geometry You forgot the bottom half of the triangle. That's what I'm trying to point out Summer Girl and Super Dad that's that's what I'm trying to point out is that it makes no sense. We're saying a love triangle and if there are actual stories of true love triangles I mean that's the story I want to hear about? that's the hot gossip I Want to know about Uh, so is the market going to recover or continue to die? Um I don't know Brandon Is there anyone in here who's feeling particularly Clairvoyant Brandon has a question for you.
The question is so: is the market going to continue to recover or continue to die? Uh, Does anyone in here with the ability to tell the future like uh, could you please I mean I'm I'm just not tapped into that today. So oh, what you get chastised for having critical thinking Fuji will stand in response to well there's a scale out thing not working exactly how I wanted it to. but I think I'm good I don't know what I'm doing here folks I don't know what I'm doing. This is what can you guys see this.
Uh, this is the prop account AKA fake money. You can't really see it