Might just I Might just had to go Stupid Me Me Meab Me Want oh brother oh brother oh brother brother Good morning, Good morning, Good Morning happy Monday November 20th Welcome back to another episode of the MTC show. I Hope you had an absolutely fantastic weekend and I hope you're ready for an enjoyable upcoming week. It is a holiday week Happy early! Thanksgiving To all who celebrate the over consumption of food, it's one of my favorite holidays. I'm I'm ready I'm mentally physically uh, metaphysically spiritually I'm as prepared as you could possibly be prepared for an entire day of sitting there, eating phenomenal food, drinking phenomenal drinks, and watching.

TV I am ready to go. but obviously couple things to talk about between then and now. We have a couple hurdles to get over. so we're going to get into the seasonality we're going to get into the earnings we're going to get into all the other craziness.

For those of you missed it, There was some succession level drama at Microsoft all weekend relating to open Ai and the CEO of Microsoft the ex CEO of open AI He was there. He wasn't there. he was Jon Snow Dead back, alive again now with a new company, a new structure within Microsoft It's crazy so we have all that drama to go over. We also have to talk about what's going on with Nvidia reporting their earnings after the market closes tomorrow.

not today Monday but tomorrow Tuesday the 21st. So pay attention to that. In terms of Nvidia semiconductors, we're going to be getting there. There was some wildness on the political scene this time.

not in the US and I Know that's a surprise, but this time in Argentina they elected a new president. Very populist. Uh, very. Bitcoin forward.

very Bitcoin Centric and this is like I Heard about him and I was like, oh, that's interesting. He supports Bitcoin he supports crypto Uh, basically another step towards the dollarization of Argentina which has inflation in excess of 125% It's brutal. And then I started watching videos of the guy and he is hilarious. Depending on which side of the aisle you f on in the US, you're either going to absolutely abhor him and think it's awful or you're going to find his commentary to be like the funniest thing you've ever heard.

So we're going to be going over a little bit of that. We have some updates related to Elon Musk and x and then Chris Pavloski and Rumble uh, fighting against Media Matters basically standing up for freedom of speech. So we're going to be getting into that. We have a lot to get into, a lot to get into, a lot to get into.

um, and we even have a little bit of drama with Pokem man. She she's a big streamer and then that's oddly connected. So you have Pokem Man who's a big streamer who ripped off someone else's cookies and then like increased the price for Less cookies and then when people pointed it out, she basically called them poor for not being able to afford it which is interesting CU she's on Twitch and now the ex Twitch CEO EMT whatever his name is is now the current CEO the new CEO of Open AI at Microsoft which is wild because the ex CEO of Twitch was unanimously disliked by the viewers of Twitch and the content creators on Twitch So he goes from this twitch world to now R running like potentially one of the most influential AI companies of all time. So there's we have a lot to get into.

This is this is starting. This is honestly what makes me think that maybe some days I should be doing this show seven days a week because when we take the break from Friday halfway through the day to Monday morning, a lot goes down. That's two and a half days of craziness, craziness, craziness. and then we have to pack that all into the first half hour of the show before the market goes Dingy ding ding ding.

and sometimes it's just absolutely an overwhelming task. It's an overwhelming task and it's made so much more complicated by the fact that it is late. November And if you guys know anything about this season and my biology, my lips really start to chap. So I'm ripping through this 300 words per minute and I'm doing it at the risk of cracking a lip so obviously keep me in your thoughts and prayers as I'm trying to do this show and trying to not open my mouth too wide too abruptly because before you know it, I'll get those little micro cracks and then it'll just be like a little painful I know no one wants that so just throwing it out there, just throwing it out there I Just want to let you know what the the battles that I'm currently dealing with on top of just the daily life I Know we all have things to deal with, but whatever you're dealing with, pretty confident, pretty confident you're not risking cracked lips the way I am.

and if you're in the same boat as me just really taking the day on like just the the bull by the horns wrestling today down I'm in that battle with you I'm in that battle with you right now of just dude. these these lips man, you never know what's going on with them, you never know what's going on with them. Your eye bags are enough. That's not even a lack of sleep.

that's just me being ugly. There's a big difference. like you'll my bags get really bad if I haven't slept. but dude I went to bed at 9:30 last night.

woke up at 6:30 this morning I got tons of sleep if anything I I have too too much rest I'm like I'm beyond 100% energy this morning. This is literally just like an ugliness thing. Um, so it it is what it is. That's what you guys signed up for on the show.

You're like hey, I might like this guy but he's definitely going to have back like it's just genetically. The coloring under my eyes is darker. so hey, if if you can't accept me for me, we're just not real friends. so you either accept it right now or we like, move on with our life.

I Hope you accept it though because I want everyone on the internet to like me. Um, speaking of the internet, you guys are here for the show today so we should probably talk about things. spy looking decently strong trying to rep some strength pushing to the upside Microsoft Going haywire drifted down on the news of open AI bounced back up on the news that they crate I'll go over all the news. it's wild.

Like I said, it's like a real life version of succession. Um, now coming back down just while Tesla picking up a little bit mid 230s Q's looking strong Crypto right now looking phenomenal Bitcoin 37k Definitely helped by the news coming out of Argentina A very crypto forward crypto Centric President was just elected Ethereum recapturing 2000 Salana battling it out at 60 right now. the equities Market Looking decent crypto Market looking even better and then let's just check out a couple things like bonds bonds eh? I Guess mid-range let's check out yields real quick yields, maybe dipping a little bit, maybe mid-range Let's check out the dollar. Just dollar little bit of weakness if anything.

so the dollar bond yields kind of all sideways. Equity is looking good Crypto? definitely looking good. Stock futures are little changed to start the shortened Thanksgiving holiday week. Very very important to know.

the market closed on Thursday. It's not like the market Market tripped and fell into a dark pool and no one canev ever find it again. We know this beforehand, the market will not be trading on Thursday and then in fact the day on Friday is a half trading day closing at 100 p.m. So this week, with respect to how much time do your options have left, volatility all that good jazz.

it is a shorten trading week Market completely close on Thursday half day on Friday Just so everyone knows. So uh, piece of break news right here. Hundreds of Open AI employees threaten to follow Altman to Microsoft unless Bo resigns. Um, so if you missed it, let me give you the tldr on the whole situation.

Sam Alman was a co-founder and the CEO of Open AI The thing that made chat BT Obviously an AI company Microsoft was an early investor and then as the years have passed, they've turned it into more and more Equity increasing their ownership and up until this past weekend and maybe even from a legal perspective right now owning 49% of the company with Open AI still having 51 and there are other players in there. But what you need to know is Microsoft had a big chunk of it. So this guy Sam Alman kind of out of nowhere last week they're like there was a coup there. It's a really small board at Open AI I believe it's four members and they basically said hey Sam we uh don't like the way that you're going uh so get out and that was crazy.

Everyone's like what's happening so he was out as a Friday Then insane things happened over the weekend and the Tldr on the situation is Sam Altman is back at Microsoft not at Open AI They brought in a new CEO to run Open AI that Microsoft still has an ownership staken and now there's going to be a whole new division built out within Microsoft that Sam Alman will be running wild. Wild wild wild. Truly a real real life version of succession. failed coup attempts and if you look at Twitter all of a sudden you just see all the employees of Open AI Basically, as we just read threatening to quit.

Truly insane stuff. Damage control Tech Industry reacts to a chaotic weekend for Open Ai and Microsoft former Open AI CEO Sam Alman was ousted from the company late last week and will be replaced by former Twitch head. EMT Shear Uh, EMT Shear at his time at Twitch I mean I was paying attention to streaming at that point. but you could even read about it now.

Not liked by the content creators, the viewers people. When you think of EMT Shear and his relationship with Twitch not a positive one and now apparently he goes from running a streaming company to literally as I alluded to before, a like a leading AI company of the world Altman is said to join Microsoft where he will be overseeing a new AI research team and it sounds like he's going to be taking almost is and I don't know if he will. It'll be interesting to see how it all plays out, but it sounds like a lot of Open AI employees will be going with him to this new Venture AT Microsoft leaving the actual Open AI legal entity. So anyway, EMT Sheer today I got a call inviting me to consider a once in a-lifetime opportunity to become the Interm CEO of Open AI so you can look at his Twitter and it just kept going going going really really long.

But right here, who is the new Interm open? AI CEO EMT Sheer All you need to know about the man replacing Sam Alman Open AI CEO Sam Alman Was fired by the board last week. Once again, a coup. Um, with the board of the company saying it no longer has confidence in his ability to continue leading the company. EMT Shear The former CEO and co-founder of the live streaming site Twitch was named the Interm CEO early today.

Uh, honestly, this seems to be more of a Band-Aid to a gunshot wound type of a situation. It's crazy I mean this could have like I said the best example is succession and it dude. it honestly could have been like an episode for this is just truly crazy Microsoft ends weekend of open AI Drama with coup of its own. It just keeps getting better and better and better.

And the tldr Really of the Big Winner here, it's not EMT It's not Sam It's not open AI It's not even really Microsoft it's the CEO of Microsoft And basically he went from owning about half of an Open AI or of an AI company to now whatever is going to be built within Microsoft by Sam Alman is evidently going to be 100% owned by Microsoft. So the real winner here is actually I would argue. Microsoft Equity Shareholders talk to us about what this appointment would mean from the board. Why? EMT Shear Well, this is all very fast changed.

So EMT Shear and this announcement came through. at least The reporting came through from our team on the ground of San Francisco about 30 minutes ago and this was after overnight. As you were saying, we were looking at these negotiations between the board and S. Mman S was actually in the offices of Open AI over the weekend.

So now as you say, we have the news that Em Sh formerly the CEO of Twitch up until the early part of this year has been appointed as the CEO. It's quite the dramatic turnaround given that we were reporting on the fact that the board and Sam Mman were negotiating over potentially his uh, return, uh, EMT Sher. We know that he co-founded Justin TV a video platform and then of course the CEO Uh of Twitch. He's also a partner, at least a part-time partner at the VC firm.

Uh, why Combinator? So look Brave man. in terms of taking on this appointment, we'll see how long it lasts because we know of course the tensions exist between the existing investors and many within Open AI as well who are still lobbying for Sam Mman to come back in some form. Well, I think. what's interesting is that even though there are all these kind of fluctuations to the story, we still don't actually know what the initial uh falling out was actually about at a time when even Sai Nadela, the CEO of Microsoft had to get involved absolutely and he was taken by surprise.

Our reporting saying the Satia Adella of Microsoft of course was stunned by this announcement that came through on Friday, particularly as it came through uh, just days after development led by Open AI Sa Sati and was on stage there with Sam Mman. What the reporting seems to suggest is it's a combination of factors. one is a concern about the risks and just how quickly uh, this technology was being developed at Open. AI We know that Sam Alton was driving the commercialization of this project H and the other was also about it seems some of the the other business projects that Samon was building up in terms of trying to raise funding for chips around AI he wanted to start up a business on that front and also possibly as well uh, reporting around working with Johnny Ives former the chief designer at Apple to come out with some kind of Hardware projects so we know someone was making the rounds globally to try and raise funds for additional projects.

But also at the heart of this seems to be this question about how quickly some of these projects were being pushed through and commercialized at Open AI which don't forget was founded as a non profit and that tension has a issue with the fact that was originally nonprofit kind of commercial. while now the commercial arm of course has become increasingly important and that tension it seems is Central to what is unfolding right now at Open. AI. All right So right here.

Uh, ousted Open AI head Sam Alman to lead Microsoft's new AI team so no longer with Open AI now officially joining ranks with Microsoft creating a whole new AI research division. Open Ai's board announced late Friday that it was removing Alman and replacing him on an intern basis with technology. Chief Meera Moradi did not happen. Then late Sunday Night Open said it was bringing on a board former Twitch CEO uh EMT Shear to run the AI company and just hours after, the story took another twist with uh, the CEO of Microsoft announcing that Alman and Brockman Brockman we haven't said his name yet.

He is a co-founder and the president of Open AI so he's good buddies with Altman would be absorbed into the inhouse in the Microsoft team. So Alman Brockman were running leading Open AI now absorbed into Microsoft Open AI is still a thing now being run by the former CEO of Twitch. So that's the tldr on that whole situation. But since we're talking about Open Ai and really what why Open AI matters is uh, they run Chat GPT and this is just a perfect time to I Guess, Show you guys! Uh, shout out to today's one of today's stream uh Partners Street be pinned to the top of chat in the description of the video.

This is my Street Beat account and you can see across the board it is just crushing it. Uh, if you don't know what it is, it is a robo advisor that uses Chat Gbt to build your own trading strategies. So they have some pre-built ones such as the Bond Ladder and that one's targeting 7% uh, top government uh, contract recipients US Congress buys. Uh, so basically that's one of my favorites cuz whatever Congress is buying or selling, you could be buying or selling.

and it's using AI to monitor all of those Congressional filings of what they're buying and selling in aggregate. But on top of that, you could build your own. and the ones that I've built you can see right here are absolutely destroying it. Look at the value Hunter is up 177% and Honey Badger value is up 15.7 and then I have a Commodities one that's down 1% and then I'm also in JQ which is up 2% %.

but I'm in that one for the dividend. So across the board my Commodities is down 1% the other ones are up 3.8 8.3 3.5 17, and 15.75 So these are all trading strategies that are either pre-built by Street be or I built out myself and just so you guys can see I like it, it's comically easy to do it. We've done it here before anyway. Pin to the top of chat in the description of the video.

Get in on your iPhone get in on your Android Um, you could get a free 30-day trial by using the code map. Streetbeat is not a brokerage, it's a robo advisor and that's just important for some like technicalities. Yes, you can buy and sell stock the way you normally would. they don't participate in payment for order flow, But where I think they really stand apart is the fact that they're using AI to either have pre-built strategies or you could build out your own.

And if you want, they are continuing to develop their relationships with other brokerages. Or if you want to keep your money on whatever the other brokerage is but then use Street be trading strategies, you can do that. So it's kind of the intersection of brokerages and AI making this a robo advisor. Check it out.

Pinn To the top of Chat in the description of the video, it is free to download and you could get a free 30-day trial by using the code Matt And it's just interesting because a lot of it is built on the back of chat GPT which is from open Ai and obviously just with the news right now of what's going on with Sam Altman, Open Ai and Microsoft Hey, figure, it's a perfect place to interject that. But once again, pin to the top of chat in the description of the video or don't even click on it. just d Download it onto your phone right now and use the code mat on the very first page of the sign up. All right.

Uh, Nadela just went from owning 49% of what Sam Alman does to owning 100% of it. Uh, turn this whole SG into a win for Microsoft As I alluded to briefly before, the big winner from this whole drama, this whole coup Shakespearean story over the weekend is Microsoft wins. Msft is going to end up being the big big winner Okay, speaking of other companies, I Just need you to know after the market closes today, we're we still have some earnings. Technically this is the end of earning season, but maybe some of you paying attention to zoom I Think the big one that a lot of people still want to pay attention to is NVIDIA Nvidia reports after the market closes tomorrow.

So Tuesday the 21st. That's when we're going to be hearing from Nvidia and they are looking at a revenue like the expectation is in the realm is $16 billion. It's high. It's very, very high if they can beat that.

Obviously it's already like knocking on the door of the stock price Nvda of a new all-time high right now. So obviously if it can beat it's going to. this is the all-time high back on late. August Thursday August 24th at 50266 that is a current all-time high for NVIDIA and if it beats, obviously, it's going to probably Gap up and just keep ripping.

Now will it be? I Don't know your crystal ball forecast is as good as mine. Uh, but that's probably what a lot of people are going to be paying attention to as we get closer and closer to the actual holiday break. Speaking of which, yes, the markets Clos on Thursday November 23rd it is a half day on Friday But before then we don't really have any major macroeconomic announcements today. But tomorrow at 2 P.m we're going to get the Fomc minutes.

and then we have a couple things going down on Wednesday but no major, like inflation reports or unemployment reports or anything like that going down this particular week. Now, if you do want a place where you can get this all in one concise manner: I Put this out every single weekend. It is a free newsletter for all of you. Sign up: Mc.

Locals.com It is in the description of the video free newsletter. You don't have to pay for anything, it just comes to your email inbox every single weekend. I Break down the previous week I Give you uh, kind of my thoughts on the upcoming week, all the major macroeconomic events, all of the earnings, and the seasonality. Speaking of which, for today, Monday November 20th today is leaning slightly bearish.

From a season standpoint, now, the Bulls have won 61% of the time. But when you look at the sizing of what happens when the Bears win, it's obviously favoring the Bears. So that's why the profit factor is below one. So kind of a mix match the Bulls have won this day more, but when the Bears win, they win it in a more sizable manner.

So kind of. That's why I didn't put straight up bearish I put leaning bearish. Kind of a strange day. Uh, and then you can get it for the remain this week Tuesday Wednesday Skip Thursday cuz the Market's closed and then obviously Friday is going to be half day.

and then I give you an update on the D Gen Zero DT strategy which last week went nine out of 10 Monday Tuesday Wedes Thursday and half a Friday it was able to crush it. So anyway, sign up for this Macos Out Local.com in the description of the video, it is free. Five things to know before that stock market Bell goes dingy ding ding ding today Monday November 20th Coming off of a lot of drama and heading into a strange holiday week I Think we're in store for something I think we're in store for something interesting winning streak into a shortened week the Market's been looking. D de uh I mean look at this rip ever since this recent low, the market is now up 99.7% if we look at this pre-market stuff.

we're up just over 10 ever since the dip in late. October We're ripping, ripping ripping and it's the bull. Camp is taking no bearish prisoners whatsoever. It's just killing them all.

That's just how this is running. The market is looking great if you look at the tech sector looking even better obviously being led by a lot of The Magnificent 7 you have Tesla inverse shoulder head shoulder playing out. Got the upside Gapville Maybe looking for another push to the mid 240s? Nvidia As I just said, earnings come out after the market closes tomorrow. not today depending on how that does or doesn't perform, we're going to either have a gap up or a gap down Facebook Slowly but surely creeping to the upside.

Uh Netflix Ever since its earnings, it has not. SED have you guys been paying attention to Netflix I Know it doesn't get that much hype, but ever since this earnings went up retested tested the 48 EMA that was down at 395 is now trading at 466 I Truly truly believe that uh, more eyes need to be like looking at Netflix because this was an easy, easy, easy rip to the upside. personally I didn't catch any of it, but I hope you did. Speaking of: Microsoft, let's just bring up this chart.

Another one that hit a recent all-time high on Thursday of last week. This was a brand new all-time high for Microsoft This is kind of getting a little sketchy. We're going to see if this recent rally pulls back on the drama related to open AI or if people, if the market really is what I'm referring to decides that this solution is a good one. Oh okay, then it'll probably keep trending to the upside.

So watching that Apple Also beautiful recovery after a double bottom down here in the mid 160s coming back up. Pardon me. Um, we got the upside Gap fi to 1969 so watching the battle out there and Amazon's actually been looking pretty good too, ripped all the way up hit the trend line got rejected, found support bouncing back up. So overall, these big Tech names the quote unquote Magnificent 7 have clearly been outperforming, which is really helping the overall market and specifically the tech sector.

Go to the upside. So if you want to look at the tech sector, you could look at Xlk this is the tech seor sector within the S&P 500 just ripping recently. Other ones worthwhile to pay attention to in my opinion are is the financial sector XLF XLF for financial also pushing to the upside and then the other one I really like to check in on is energy, which has been a bit weaker lately just because there's a report of an oversupply in crude oil itself. so oil coming down, which is obviously dragging the energy sector with it.

There are other sectors you could have utilities Xlu and Industrials Xli, and then another one that's pretty popular is Healthcare XLV So major things just to pay attention to. But right now because of the waiting, you're really seeing seven different companies. Seven different equities control the whole narrative. It is the quote Unquote Magnificent 7.

It's the top tech stocks that they're They're really writing the entire narrative and it's basically just making the entire like rest of the market get forgotten. I Mean we're at the point where Apple is now worth more than the entire Russell 2000. Think about that, the entire small cap sector is worth less than Apple itself. as in Apple could go out and buy every single company in the Russell 2000.

That's the just to give you an idea of the sizing difference between. Okay, we know this big company. We know like it's not just a big company, it it is a like a dominant Behemoth So by the time you talk about Apple going up Microsoft going up Nvidia Google Amazon Tesla Like that's six right there. If those all go up one or two% in a day, you're going to have big ramifications elsewhere and also vice versa.

If it goes down, you could have very negative ramifications. Um, very quickly. just talking about crypto because it is looking pretty good right now. Uh, Crypto holding out at 37k eth holding recapturing 2K and then Salana now at 60 bucks.

so Crypto looking good, looking, bullish And honestly, the momentum might continue to the upside because some of the things that went down over this weekend related to Argentina but we're going to come back to that in a second. Alman goes to Microsoft We covered that in depth. earnings, winding down, earnings season is pretty much over. The last.

one that everyone still has marked on their calendar is tomorrow with Nvidia Black Friday 4 days. so we could talk about that in a second and Crw CEO resigns. Um, obviously I Don't think anyone really cares about what's going on there. But speaking of Black Friday Obviously all of my charting all of this stuff.

You guys know that I Use Trading View I Just want to let you know that right now, not only uh with here, let me actually get this pinned up top. Uh, top charting software here. Let me get this for all of you. I'm putting it into chat right now and I'll pin this up to top.

Uh so for anyone who is using this charting software, you might as well get in on the discount deal. So uh, the link that I just pinned up there you're going to get it's the Black Friday sale 70% off and a free month. Uh, I'm dropping the link in chat right now and this is just for the charting. I mean Trading View very legitimately has the best charting software out there.

Um, the deal is going to run for four more days I Just wanted to bring it to your attention right now pinned to the top of chat. Dropped it in chat as well. Uh, follow that link and that's how you get the Black Friday deal of 70% off and on top of that one free month. All right.

So with all that being said, uh, you guys have been crushing the opening trade. You have been crushing. You have been crushing it. and now 67% of you are telling me today is going to be a bullish day.

67% of you. Um, if you are new to the channel hey, how you doing hope you're having a good one, but something you're going to very quickly learn is when the market officially opens at 9:30 every single day. I Allow my entire chat to trade an account for me. Recently, they've been on a crazy good win streak.

A crazy good win streak of seven. I Want to say and we're going for number eight right now. Um, to the point that they passed the prop challenge they are now trading with like the actual legitimate money and it's just been on a tear. It's been on an absolute tear and this is just part of the show.

It's part of the absolute degenerate show. I Let them trade my account and they haven't blown it up yet. Uh, maybe one of these days they will. Uh, but we'll see.

we're going to see how it's going to go. So I'm going to do my best to place this trade in just under a minute. It is now officially 929 I Will place the bullish bet because two out of three of you told me to be bullish today. So if you're wrong, you're all fired.

If you're right, well, you're all rehired to do this again tomorrow. So at 92955 I'm going to hit the buy button on the S&P 500 futures contract and on the NASDAQ 100 and we'll see if we could keep it going sir. Jim Closing on Mnu before Thursday sir Jim Closing on Manu Are you talking about Jim Chanos with a short position. Is that what you're talking about? Uh, hang on one second I Want to miss this? All right? I have 15 seconds I I Hope you guys don't mess this up I Really hope you guys don't mess this one up I I Need this one today I Need this money.

How El am I going to afford my Texas Roadhouse bills? All right I Want to fire this right order fill Order filled All right I Hit the buy button I Hit the buy button fill T Target filled. We hit four out of six, four out of six already taken off the table. $200 already locked in with another two to go. Come on, come on.

come on. Four out of six, you guys got two out of your three filled. Pretty Easy Peasy Lemon Squeezies. Come on.

Just two more. Two more 200 locked in, but two still alar. All right. Five out of six locked in.

One more, one more, one more. Let's do it. Let's do it. Let's do it.

One more one, one more one. Target We go. You guys are now officially 8 for8 $330 locked in. Easy Peasy, Lemon Squeezy.

You guys are crushing it. You guys are nothing to be messed with. That was the E the That Was Comically, Easy I appreciate the $300 and um, you guys might not know this, but I'll speak for my bank account. My bank account also very much appreciates you guys.

Uh, continuing to crush the trade over and over and over again. Um I do want to introduce something new to all of you. Uh, a lot of you guys come to me and you're like Matt Oracle Matt Mr Oracle Matt Kors Clair vo Matt best Trader on the Mississippi the entire Mississippi what is today going to be I Always get this question: Is it going to be a bullish day? Is it going to be a bear shate? where are we going? Is it red? Is it green? What's going on and I have been racking my brains for years I'm like okay, what kind of information do I want to give to my audience? What do I want to do to help bring their trading to the next level and I came up with a brilliant idea I came up with a fail prooof way. literally a cannot miss guarantee way to inform all of you where is the market going today Now A lot of you might you might be listening to this.

You might be sitting there, you might be in your daily commute to work. Maybe you're already at work thinking to yourself, no way is this kid going to be giving us a perfect methodology. Fear not, fear not. I have in fact, no jokes come up with the best way to predict what the market will be doing on any given day and may I officially introduce to all of you the wheel of Destiny You heard that right? We officially have a wheel of Destiny.

This thing is imbued with perfect stock market accuracy. It has never been wrong. It doesn't even know what the word wrong means. This 100% of the time will be telling us what the market is doing.

It is forward-looking it is Clairvoyant It will tell us the future. So on a daily basis you will be able to return to this show and find out exactly what is happening in the market. Obviously red is a red bearish day and black equivalent to going in the black would be a green bullish. Day Red is for the Bears Black is for the Bulls day over day.

We will spin this just so you know what direction you should be betting in the market. So this is the first official one. Let's run it. We'll get you the exact numbers on the day.

Green Day It's a green day. Tell everyone, Tell Tell everyone. Green Day We have a we're going into the black. It is a green bullish day.

Congratulations for all the Bulls Congratulations If you happen to be in a bullish position, you just nailed it. If you have a bearish position, uh I am I'm sorry I I I'm sorry If you have a bearish position, uh, please understand that like it's not like I made it do that. We are just acting asking like the market Gods Like this wheel like folks I Don't think you understand how I got this a lot of you might be thinking: Matt You ordered that off of Amazon 2 weeks ago and it finally showed up. No, that's not how it happened I Was on a spiritual journey and there was a red fiery talking Bush As I was hiking the holy lands and I walked over to this red talking Bush and it told me that this was a gift from The Mark of gods above.

It informed me that it had all knowledge of past, future and present markets and with a simple respectful spin of the wheel once a day, we could get all the information we ever desire. So please understand this isn't from me I Am, but a mere humble vessel to relay the information to you. Don't don't get mad at me if you currently have a bearish position. when the market Gods the wheel of Destiny is telling us it's going to be a Green Day it.

It just is how it is. It is how it is. My apologies if you have a bullish position once again. I Don't need those adulations I Don't need the Applause I Am, but a humble servant.

a vessel for predicting where the day is going to go for all of you. All right. Speaking of that, you guys did easily make me $300 So on that note, uh, we should probably celebrate. We should celebrate.

We should celebrate. All right, All right, All right. Wall Street Wall Street Wall Street Wall Street Wall Street Wall Street Now got eyes on me Wall Street Shout out, Shout out. Appreciate that.

Appreciate that there's an actual theory that Burning Bush was something which is high with DMT Um well. I had some Mojitos at a Cheesecake Factory this weekend. Do you think there's any similarities there? any? Do you think that's potentially in like the same vein of thought I did I your boy did Crush some uh spicy pineapple Mojitos at actually were they spicy? no I think they were just pineapple Mojitos Yep, no they weren't spicy, just I I had quite a few pineapple Mojitos at a Cheesecake Factory And then someone tweeted and someone tagged me in the tweet that they said let me find it. This has nothing to do with the market, but it is of the highest level of importance.

Where is it? Where is it? Where is it? Where is it? Where is it? Here we go Someone said Texas Roadhouse is just Cheesecake Factory for Rednecks and then as you can see from my response, you're Godamn right brother And then Miss Stake was willing to I guess, engage with the community and hit us with hit us with an old brother. But it's it's not wrong. It's a bold statement but also not wrong. It's just Cheesecake Factory for Rednecks which is kind of funny because I love Cheesecake Factory and I love Texas Roadhouse So like it's it's probably right.

honestly. so that was a bold hot take from over the weekend that I wanted to share with everyone and uh, it just the timing of it was kind of perfect. here. you guys are: I know, uh, there's some like negative NES I know there's some naysayers in chat right now.

they're like no way is that wheel predictive of the market? Yeah, have you seen the market this morning? You're welcome I bet all the people calling out the wheel for not being a quality predictor of the market I bet you feel silly now, Huh? Bet you feel real silly at this point in the day. Dude, one of these days it's just the haters are going to learn. the haters are going to you can't hate, you can't hate on the best Trader on the on the Mississippi I Trust the wheel and I got calls I Love it. Nothing like Dgen in the whole account.

Such nerds. They're super silly I Agree. Dude, these nerds. Ever since nerds got rich in this world because tech companies took off, dude nerds have just been Next Level Dare I say it like it's just we've we've given nerds too much power I'll say it.

I Know a lot of you guys are thinking it, but back in my day nerds knew where they were at in the hierarchy. They really did. Growing up, nerds understood that they were nerds. but then with recent technological advancements and marketplaces, nerds have become like the rich, powerful people and it's really upset.

the power imbalance I would I would argue of the Animal Kingdom? It really? I mean have you seen what's going on with Bezos Now the guy's jacked up on HGH he got rid of his first wife, the nerdy wife. he's like nah. I'm moving on to like some Tina model now and he's just posting pictures posing as a cowboy like and he was a nerd. Dude, it's just nerds.

It's just big big imbalance of the power dynamics within our species. because nerds now have money. it. it's just crazy.

Just absolutely crazy. Uh, gyms and YouTube tutorials killed nerds. We just started like jacking up all of our nerds on Tren and making him hit the gym. Hey, it's it's a bold option.

We just turned our army of nerds into like ripped kids now. but we all still know that they're nerds in deep in their heart. We all we all know it. Uh, Matt Made $645 on my second day of my prop account, ending it there for the day.

Dude. Massive congrats. Crushing it. Crushing it, crushing it.

Um, they're technically not the sponsor of today's stream. Uh, but like, just so you guys know the Apex deal. they're running a 90% off deal for eight more days, but that's actually the sponsor for tomorrow's stream so not really much on them today. I Just want you guys to know that um but hey mum's the word MUM is the word All right You guys know as always I like before I do any of my options trades I like to L the market open first 10 20, 30 minutes let everyone Shake off the I guess hungover and drunkenness and really just the rust from the weekend I like to see how things are positioned so uh yeah I made the degenerate trade that you guys told me to do it.

but that's just cuz you guys are my financial advisor. So other than that I want to wait till 10 10:15 10:30 just see what's going on. So I do have some other stories I want to get into. This is breaking news.

Stocks are flat to start the week breaking. Nothing is happening. That's an that's a bold line from CNBC breaking. You should know that nothing is happening.

That's not by definition that is not breaking news. Breaking news would be something AB abnormal to the contrary of expectations. It's not breaking news to say that nothing's happening. If if it is breaking news to say nothing is happening, that means every single day we would just be like hey just so you know nothing happened and I really need you to know that and then if something is happening inherently that would then no longer become breaking news.

Just want that out there anyway. A little bit of drama in the world of Elon Musk Twitter Rumble Chris Pavloski Freedom the speech Musk threatens quote unquote thermonuclear lawsuit against media Watchdog calls advertisers oppressors Elon Musk lashed out at a Media Watch sh in unspecified large advertisers on Friday as Brands paused ad spending on X Media Matters had published a report that found mainstream Brands ads running alongside Prazi or other hateful user posts on X Individually, Musk also caught backlash after posting what the White House called abhor promotion of anti-Semitic and racist hate on X that's what the White House said about obviously Elon So Friday with all the drama going on with Microsoft and all that, there's also drama going on in the world of the world's richest man Elon So he was popping off on Twitter and these are just some of the interesting highlights. The Split Second Court opens on Monday X will be filing a thermonuclear lawsuit against Media Manners and all those who colluded in this fraudulent attack on our company I Believe the courts have open so he he was really rushing that one. He's like Monday morning carts open.

We're going in. They're bored, They're donors, their network of dark money, all of them and the discovery of depositions will be glorious to behold. So more drama and I guess Elon is basically going against Media Matters Media Matters He basically said is just like they're in cahoots and they're not being truthful and a lot of Media Matters actually called out simultaneously X as in Twitter and then also Rumble So shout out to everyone watching on Rumble right now because you are pissing off Media Matters and Media Matters effectively in this: I'm not I don't know their history, but in this particular battle they really seem to be going against Free Speech Feel free to dive into it yourself I implore everyone to come up with their own unbiased opinions on whatever matter. You don't have to take it from me I mean look at me.

do I look like a guy who has it all together so you shouldn't be basing all of your thoughts and opinions off stuff. I say I'm just presenting the news as it comes across the wire to all of you. Uh, but yeah. Elon Very pissed off Chris Pavloski the CEO and founder of Rumble Very pissed off and it sounds like Media Matters now has painted a very very large Target on its back.

Other breaking news from over the weekend breaking: Pro Bitcoin Argentine Presidential candidate Javar Miler I Believe is how you say it has won the presidential election. So this is news as of yesterday. New President in Argentina Very very Crypto forward very very Bitcoin Centric and also very right leaning I didn't know about his right leaning conservative nature I was following it more for like what does it mean in the crypto world and then yesterday and today I found some videos that I mean folks, you might have thought that Trump said crazy things when he was the most powerful man in the world. This Javier guy, He takes it to the next level.

the things that have come out of this dude's mouth. If you are right leaning, you're going to find it to be the funniest thing ever. If you're left leaning, you're you're going to be personally offended. Uh, just.

I Don't know. Trigger warning Trump Admiring populist. Mle wins in Argentina edging the country closer to a dollarized economy. So why does this matter matter of like what's going on with the economy? Of course we're going to get into like his crazy like statements and whatnot because of this.

Argentina's annual inflation hit 143% ahead of election. A Like you guys might have thought that the inflation here was bad. There's other countries Turkey Argentina whose inflation numbers are truly like just they're they're not real. Look, they are real.

They're so incredibly large that it's almost impossible to understand it. Truly impossible. Like 143% So on that I Just want to let you know first more of the economic side of things of what this is. part of the reason we saw it with: El Salvador Same thing of like when the economy gets out of control and you have a government that is continually printing printing.

Printing And then you have inflation just going absolutely insane. Well there's a big big acceptance of Bitcoin itself U And this is what the now newly elected President has to say. Uh, should I move myself up here so you can see it? Yeah, do you believe that is possible to discuss in Argentina? Let's see what is the point. The point is that the first thing we have to understand is that the Central Bank is a scam.

Hell yeah brother. It is a mechanism by which politicians cheat to the good people with the inflationary tax. What Bitcoin is representing is the return of money to its original. Creator The private sector money is a private invention in order to be used to solve problems.

For example, in a bartering economy, the double coincidence of wants and indivisibility the paper money appears to solve portability. Actually you had different currencies linen, wheat, salt where it came from the world word salary comes to the Superstition that salt falls off the table and that was evolving in the currencies. that the people chosen were the silver for small transactions and gold for bigger ones. Then because back then when it was very dangerous to move gold, people used to deposit the gold and get exchange a receipt.

basically fancy Smcy IUS And then in the year 1444, 45 their first Gen Congress the states the exclusivity to issue the money that's a legal tender. which is a key point because the legal tender. allows to the politicians scam you with the inflationary tax. So what do you all right? Just to put this in context of what's going on right now of you don't necessarily have to raise taxes like a a lot of politicians do this, they're like nope nope nope no no no, we're not raising taxes and everyone's like thank you thank you I'm voting for you I'm voting for you Thank you you so much for not raising taxes.

But they do it. They do tax you. It's just kind of like a backdoor tax. Instead they go to the central bank.

We have one in the US it's the FED it's run by Jerome pal. They say okay, we're not raising taxes. We still have bills to pay. We're going to pay those bills by simply printing more money, increasing the supply of money, obviously devaluing the dollar, prompting inflation.

So in one way or another you're paying. you're either paying in your taxes to the government or they make you feel good about it. And then they just print more money devaluing the money you have. So at the end of the day, you as an individual and your buying power is still worse off.

So it's just like a backdoor. almost like secretive tax is by just saying oh okay, we're just going to print more and more and more and more devaluing the dollar. Bitcoin has an algorithm that one day it will re and it will compete with other currencies. In fact, it competes with Ethereum and others.

And what is the good thing? It is a return to the private money. But what is the problem? The problem is that the government will not give up the legal tender. Yeah, cuz that's it's their power. It's their control because the legal tender.

They can scam you with inflationary tax. The Bitcoin is the natural reaction against the central Banker scammers and make the money private again. And the flip side is that politicians are not going to allow you to go against the legal tender. In economies with high inflation, the scam problem is bigger.

That's why, as you consider this I propos to close to the central bank. All right. So that's from an economic monetary policy standpoint. That's a pretty good highlevel explanation of what's going on just getting rid of the Central Bank And obviously governments don't want to do it because if they control the money, they that's a lot of power and Bitcoin is inherent ly a risk to governments and their control.

Not necessarily like I guess um Anarchy or anything like that but more so of just like one thing that they can control the money supply. Well, if Bitcoin replaces it, that means the government no longer has control of it. So obviously governments are not big fans and we see that specifically in the US but we're seeing it worldwide as well. All right now.

this is the part that just made me like almost pee myself from laughing so hard. Not necessar about Bitcoin but this is the newly elected President of Argentina and you can see from what's on the screen right now of his thoughts and opinions on life. Uh, so I'm not necessarily going to be reiterating this one, but I would highly recommend that everyone reads it or quickly learn. Spanish so you can understand what he's saying.

sh can't negotiate with trash will ruin for he wasn't wrong they did L Evidently they lost the cultural battle lefts. you know every once in a while you just come across a new term, a new phrase that you're like how have we not heard that before? uh and this yesterday as I was watching all these videos. that was one of them for me I was like dude, this guy is just popping off next level uh I found it to be wildly entertaining and I just went into like a deep deep rabbit whole of watching that guy's content and he's a Madman uh a Madman that like like I said, it's either going to make you laughed or you're going to be personally offended and I hey if you're laughing good, that's what life's about. laugh is.

Life is about laughing. um and if you're personally offended by it I don't know I can't hold your hand through it. He's got mad hair he does. Dude, that guy got he got some leuce.

So uh. actually this is interesting. make Freedom legal about time Argentina Had a chance to recover I hope they do I mean their their inflation was truly like crippling. The actual definition of everyone in the country was being financially crippled.

Of course something different needs to happen. Obviously something different needs to happen. Uh and I I hope this is a step in the right way for the country. Uh, because it it just it was on tilt.

it was financially economically on tilt. Uh, do I know how it's going to play out in the future? Absolutely not. But I hope that this is a way for the country to start to recover because they were be rapidly sprinting like Usain Bolt style sprinting to becoming financially destitute. The real Market is controlled.

You cannot freely rent your house. You cannot freely rent your house if you want what in Argentina or here I cannot send USD to my parents in Il legal way. they control the price on rental so nobody rents their houses. Oh you're saying in Argentina you can't rent Whoa I Didn't know that that's crazy I appreciate you sharing that.

So you're saying the whole like real estate market is 100% controlled by the government in Argentina That's wild. It's all controlled Dude I I Didn't know that I do appreciate you sharing. That's wild. They set all the prices.

Yeah, rent's not free. Imagine that No, no, no. like as in you can't set it Eddie is what he's saying. It's not like a supply and demand.

Market You cannot rent above that price. They set a cap of year-over-year rent increase at 5% with inflation at 100%. Nobody rents anything interesting. that's pretty wild.

That is actually very, very wild. Okay, uh, very very. Uh, let me move me to where I should be. Uh, let's check out this.

All right. let's see what's going on in the options. Market Really, really quickly. Really, really quickly.

All right we. Black Friday Sh sale. Uh, 50% off your first year? All right Black, everyone's running Black Friday right now. Um, so you could get 50% off if you care about Spock GMA Uh, which? I Love it? All right.

You can see options agreeing with the price movement in the S&P 500. The white line is the price, the teal line this like lighter green line is the zero DTE and then the purple line is the all expiration and it looks like we're about to have some form of a breakout. interesante interesante. Let me go down my checklist to see what kind of Trades I want to be placing today.

All right for first: I Need to see the daily. All right, that's a big fat. G All right, let's look at all the EMAs G G Let's look at the market internals. neutral.

they are neutral. Inter all right. what time is it? What time is it? What time is it? and 86. All right.

let me get some uh my trades. uh not now. Okay, all right. what was I trading SPY where was I trading SPY at? Let me Place some of my option trades on Dude right? did that one.

where are the Q's at? where are the cues at I am confused I am confused 8 Okay uh I think one of mine filled. yeah I did a all I'll put this in the Discord first modify dude. Strong day, Strong day, Strong day. uh I mean look at this follow through.

That's just nuts. Actually what I could do I'm having a tough time getting the fills that I want having know I don't know if anyone else is having the oh I think I've nope, only one of mine got filled. All right. Well let me post this trading.

If you guys want there is a trading Discord a goon trading Discord if you want to trade alongside me. other awesome Traders Playing some games, some sports, gambling. uh you guys are familiar with discords Ma. Locals.com is how you sign up.

That's how you'll get access. All right. Uh, what else I'm going to doing 386 385 All right. cool my orders up I Don't think I got my full fill but that is part of the part of the game part of the game.

Just waiting to see if this actually falls through. Uh, questions, questions, questions. Um, actually I'll do that on later. Is it PS5 worth it? It's a good question.

I Just got the new Call of Duty myself hey uh I'll get my gamertag out there if you guys want to play with me uh I enjoyed the OG I actually really enjoyed the OG uh zombies and I I feel like I've been chasing that high forever now and it thus far thus far. I've played a couple rounds of it and I actually enjoy it I know there's a lot of people who are like dude, we just we don't like it, we're not playing it and I get it. But for me, when I like I'm not some like hardcore, highlevel competitor. um I just every once in a while like to do a brainless task like killing a bunch of zombies.

So I actually my personal opinion of it is that the zombies is actually pretty fun. Um, will it? Will we ever achieve the I Guess that mental High We had the first time ever playing zombies? Probably not. Probably not. but I don't know.

I've been a fan of it I've personally been a fan of it so I would give it out of five stars if five stars is a perfect zombies game. I'd give this like either a four or like a high three and I I need to probably like I haven't gotten that far into it so I probably need to learn more about it. Um so I don't know. Give me an error of plus or minus .25 it.

it's round of four plus or minus 0.25 as I get further into it because it's a new style of zombes so like there's different things you can and can't do. Um so I don't know I'm I'm going to give it a chance, but I've had I've had fun with it I've had fun with it and I get that. Maybe we have some like gaming purists and whatnot who are just not the most happy. Uh dude I am never going to get this.

F I've been just changing my orders and I guess the volatility is just not there waiting to get my uh put credits Reds Filled Palente going wild had a beautiful break out above 20 I talked about this right here. uh in that free newsletter that comes out all right? Uh, where are we paler? paler I Was looking at Palente Tier's chart and here was my breakdown of it of for a while I was just noticing how Paler previously had this. High just above 20. Uh, broke out, got smacked.

Nice recovery. almost like a fake out breakdown about three weeks ago: Pushes back up, pushes Consolidates, pushes Consolidates gets the breakout and the official close above. this recent High To me that's a very bullish development and this was obviously at 2049 all fully discussed in the newsletter and you could see it now. Beautiful push off that mid2 level, pushing right up to the lower 21s now.

kind of going sideways, but great game. Tesla's actually the only red one on my watch list right now. Kind of interesting. kind of what's going on with options.

options are still picking up I Think the are continuing to dominate the day, but is anyone honestly surprised? I mean when we rolled the wheel, it told us to be bullish so no one should be surprised. You should trade what your Uh positions all right. spy is still holding all right, options are still looking good. Let's look at the options chain on the cues.

let's see what's going on on the NASDAQ NASDAQ just to see if it's a little bit stronger, a little bit weaker, not as bullish in the quees. Kind of interesting. We seen some wild stuff that happened right at 948, but overall still trending up. Same thing with the Spy Generically, the Spy and the Q's are trending up not only in price but also in the options for the day.

Uh, paler seems to have stalled out Microsoft did pop stalling out? uh salana going a little red Bitcoin above 37k eth above 2K Do we have any other how is Baba doing? Because we know this week Jackma so a bit of a recovery Baba Alibaba the ticker symbol ba ba Uh recently took a big hit. Not so good of earnings but on top of it We know the previous like leader of the company Jack ma uh. Last week it was announced that this week he'd be selling over $800 million worth of stock. obviously.

Uh, the market reacted as you would assume, pretty negatively, dropping from 88 down to 78, but making a a small recovery intraday today. Meta seems to be slowly but surely going to the upside grinding to the upside. these Tech names looking pretty good. Um, let's run through some important things all right here.

Let's bring up the 15 minute. we'll zoom out a little bit. All right. So here's the Spy Slowly but surely trending up, breaking above the high from Friday breaking above the pre-market high from Friday as well.

At 452 on the daily chart, 452 is pretty important. Just some recent resistance in September. The next level I would be looking at for the upside is 453 and some change. Let's just call it the mid 43s.

That is the high from the start of September Friday September 1st 453 and let's just call it a half. It's technically 45367, but basically a doll and a half to the upside. That would be my next major resistance. And then past that, we have an upside Gap F to$ 45549.

Please mark those out on your chart. I Think they'll be important in terms of the cues. The cues are above. Like they're actually even overperforming.

Look at this. 3878, That was the high from mid July Wednesday July 19th. We are above that. If the cues get above and close above that, that is very strong.

But please understand in the short term it might prove to be a false breakout. A fictitious breakout. A fakeout breakout if Nvidia completely misses on their earnings tomorrow. On the flip side, if they crush on their earnings.

Obious. Obviously, the break and the rip will continue, but the Q's setting up a huge cup handle. a hardcore vshape recovery handle. But after this I mean maybe 390 would be my next next major watch here.

Let me Mark This out for everyone. What was this peak right here? Yeah, just over 390 would be my next watch. Uh, if you're watching the tech sector, but uh, 380 Interesting. 399 would be the next level Tesla and not really doing much looking to see if this Cloud flips back over this bullish flip so it broke out, broke down um, and then the cloud was very red.

but now on the recent shoulder head, shoulder, the inverse Head and Shoulders playing out push to the upside trying to flip the cloud back over. Definitely watching that. Nvidia I Mean the movement today tomorrow doesn't really matter. It's all going to come down to the earnings meta beautifully above, not only its recent breakouts, but on top of the EMA Cloud looking nice Netflix Continuing to rip to the upside actually.

uh, no one called it out but dingy. ding ding ding Finally got that upside. Gap Full We had a gap from Wednesday July 19th Huge gap down. Just got that upside.

Gap F Beautiful play Microsoft Hit a new all-time high this morning. Actually, the current all-time high is now 37710. Uh, but we'll be monitoring that throughout today's session. Apple Trying to get above its Gap side.

Um. Phil Upside Gaps Side Upside: Gap Fill Excuse me Upside Gaps side. Just too many words. Um, so obviously the cloud flipped over bullish.

We're getting above this low from Thursday August The 3D and next level of Interest actually might be 194. Uh. Amazon pushing its trend line that we've had for a while now ever since. August So watching how an Amazon reacts to that, uh, let's look at the dollar.

the Dixie Uh. continuing to vomit. That should be bullish for the overall. Market Let me get rid of the trend lines here.

H But the dollar. vomiting. That is going to be good for the overall. Market TLT How are bonds doing? Bonds are holding their own? Not really trending today US 10 wild.

Let see, how yields are doing. Yields are also just kind of holding their own. Uh, but maybe a bit more bearish. So if you have yields that are bearish I.E Bonds that are bullish and you have a dollar that's weak, that should be good for the overall market.

And that's partly why we're seeing this. 10 How much are we up now? from this low, we are as of now up 10.5% in three trading weeks. That is crazy. Patricia Happy Thanksgiving Everyone shout out Patricia I Appreciate your support.

You've been in here for 32 months. As a space ape. that's awesome. That is absolutely awesome for all right.

Um, paler is looking really good right here here. I'll throw a Paler on the top. how's Rumble looking today? Rumble up 2% We're seeing a lot of green. Seeing a lot of green.

Lot of green. Uh, actually we can see exactly how much green we're seeing right here. Check this out. This is on Finis I have no relationship with them I Just really like this heat map.

Uh, so you see how the big Tech names are green. Doesn't really matter much that the Industrials are red, utilities are red. uh or even a lot of consumer defensive is red because these the the size of the box is basically representing the market cap. So when you have weight adjusted things obviously when the big guys are green, the whole thing's going to be green.

like when Microsoft is bigger than and the whole utility sector of the S&P 500 tells you that utilities aren't really moving the needle too too much. Um so UNH having a little bit of a red day, that's a bit of a bummer. but Microsoft Looking good Google Apple Amazon I think did Tesla finally get back to being in the green? Did Tesla finally get back to being in the green? Tesla No down by a dollar right now trading at 233, but that's honestly. well.

Salana is a bit red too. but in terms of equities, Tesla's the only red thing on my watch list. Q's taking a bit of a hit right now. Let's see what's going on in the option.

Who look at that, see how this price is perfectly ass