Oh, together, together, that's when we together - yes, yes, yes, my voice did just crack a little. Those are that's the price you pay for going through puberty when you're live streaming. I don't know what you want me to say. Am i a little bit of a late bloomer at the age of 27? Finally, having my vocal chords change, a bit i am, are we gon na have to deal with weeks and weeks and weeks of my voice cracking most likely, but that's mother nature.

Folks, i don't know what you want me to do about it. What we can do about it to feel a little bit better is. Ideally we can make enough smart, shrewd astute decisions in the market, so you'll be able to afford a different pair of headphones. So eventually my voice won't sound as bad, so maybe that's our goal.

Maybe our goal is to make enough money, so i don't sound as horrible when you're listening to me just an idea just an idea. Now, man, oh man, oh man, i feel like every day. There's just so much to talk about so much to talk about um. I want to get into some of the big market stuff going on, because, if you're looking at the market right now, it's pretty green we're actually seeing a nice green pre-market pop, and a lot of this has to do with the concept of the lockdown in shanghai.

Particularly looks like it might be coming to an end in a couple weeks, or at least that's the predicament right now in the overnight session. The asian markets did very very well and now we're seeing a bump in all global markets, including crypto. So we're going to be talking about that. There's a new chapter in the saga with elon and twitter and perag and is the deal gon na happen.

Is it not gon na happen? We're gon na be getting into that and covering all this billionaire drama? Then there are two i like to think that they're kind of important earnings announcements we're going to be talking about walmart home depot. They came out this morning so we'll be quickly going over. Those then uh. Today, i'm expecting more volatility in the market, and my reasoning, for that is just there's a lot of fed members who are doing public talks and questions and that type of stuff today, a little q a session.

I think there's like five different fed members who are all speaking today and the first one already got rocking at about an hour ago, bullard and he basically just saying hey. We have a great plan. We have this all under control, so we're going to be getting into that a little bit later after the equities market opens and settles down we're going to be talking about crypto, and we have some videos to react to and if there's any breaking news we could Get into that, i also, if you guys want, we could cover it in a little bit uh, but there was some confusion about bridgewater and renaissance yesterday. So yesterday i covered that story about how jim simmons at renaissance rentec he bought tesla sold amc bought gme.

Just so, you guys know that is different than ray dalio at bridgewater, who ended up selling tesla, buying more amc, buying more gme, two different guys, two different legends, two different billionaires taking uh; obviously a different path involved in the world of tesla amc and jimmy. So i want to clarify uh that those are two different human beings. Yes, are they both old white billionaires who are beyond extraordinary, wealthy known well in wall street and definitely in a certain circle considered to be some of the best investors of all time? Yes, it's very easy to get our white old billionaires confused, but they are two different old white billionaires. So if you guys want, i have the fintel stuff up and we could talk more and more about in reality, uh what some of their other big positions were and, like the actual, we could put magnitude to it.

How many amc shares do they have? How many gme shares do they have? How many tesla shares do they currently have after the first quarter? So if you want, if we have some extra time, we can do that, but just to remind everyone yesterday we called out that tesla trade that one crushed it based on where i thought it was going it you most likely should have locked in your profits before The market closed yesterday, like i said, i was going for a little bit more of a bun like just locking in that 10 to 20. I didn't take it because the money has not cleared in that new 10k challenge account um, it might be clearing today. I don't know i'll have to bring up thinkorswim but uh. Technically, it's ten thousand and seven dollars so uh, i'm giving myself a little seven dollar buffer there in the futures market.

I still have on that short position from thursday of last week, so i just want to keep you apprised to like what's going on in the accounts and i'm not doing any like really trading off stream or anything like that. And if i do it'll all be posted on locals, which is in the description but more importantly than locals before we get into all this good stuff today, shout out to today's stream sponsor - and i am talking about fgx now - fdx has a it's a huge ecosystem And if really every single week, they are buying up other companies they're expanding on a global scale. But for the purpose of this you need to know about two key things. So they have a pro training platform, ftxus and international.

Obviously, depending on where you live and that's very powerful, what i like about it is the transaction fees are super super cheap, but that's more of like if you want to go long, if you want to go short, if you want to be a little bit more Active a little bit more creative now they also have a phone app, the first one's a web, app, that's ftxus, ftx international. The phone app is block folio, that's a little bit more of just like hey. I want to kind of buy and hold. I want to you can actively trade, but this is more of like it's a phone app, so it's more of checking in what's going on in crypto, you can log into all your various crypto accounts and see what your overall crypto net worth is at.

So that's block follow leo block folios pin to the top of chat, make sure you're using the code crypto cores anytime, you trade over 10. You do get a free coin from ftx and depending on what you're doing changes, what coin you're gon na get and then the pro platform is where you get the really cheap transaction fees, all that stuff's in the description. It's also pinned to the top of chat. I very very much uh appreciate if you're checking it out.

I think it's an awesome, awesome platform and i'm actually trying to figure out - and this is more of like a regulatory issue of maybe if i could do a bit more active training with crypto through their pro platform. But, like i said, i need to figure out more regulatory stuff, but anyway check out fdx, obviously shout out to them for sponsoring today's stream. Now, with all of that, out of the way, let's take a little sneak peek at the market, spy up 1.6 in pre-market the qs up 2. This is what happens when china, particularly shanghai, are saying: hey, uh.

We actually think things might be calming down soon, uh, which is a big big impact on the entire global economy. As you can see from our market, the asian markets, i believe, are up like almost six percent uh, the european markets up quite a bit as well. They haven't closed, yet they have a couple more hours to go two hours to go. Um home depot we're gon na talk about their earnings.

Obviously they did well. They are up. Four percent. Walmart did not do well currently down six percent in pre-market trading.

So that's a quick little snapshot for you. If you want to see what's going on in the futures market right here, the dow, the s p, the nasdaq all green. We talked about oil oil. I, in my non-financial advice, opinion is the alpha play right now, like i think, there's free alpha in the fact that i think energy is going higher and higher and higher we've been talking about this for weeks, and i really was trying to drill it into people's Heads yesterday, chevron, exxon, devin, energy oxy.

All of those, i think, are solid, solid plays, and we just i mean if you look at energy, if you look at crude oil, which is the futures for oil, crude oil is cl, this is a technical breakout. You have one two three four tests: the last low was a little bit higher, which is signaling to me buying aggression. We are at this breakout level of 115. if it breaks i'm looking for a rip to 125 127.

It might get rejected here. Looking for a continuation of a higher low, a bounce off of that and then a break off of 115., no matter how you slice it up for the remainder of this year, things are rocky equities, are rocky crypto's rocky, but that doesn't mean the whole shebang needs To be rocky, there are going to be certain pockets where i believe we can fi find positive bullish alpha with the energy sector being one of them look at natural gas, look at crude oil and look at the companies that deal with those. Let me quickly bring up natural gas for you. Uh natural gas looks like it's about to rip to nine dollars.

These in the futures market are very, very expensive, but you can find their equivalent based etf and also just related companies in the world of equities. If you don't feel like training futures uh, but i'm gon na continue to bring this up, because i think that's where you can honestly find uh quite a bit of profitability and opportunity really at its most like core value. Uh hang on. I think i missed a question why i need to figure out how to better set up what i have going on over here.

Robbie. What's going on voice sounding a little more fruity people asking me why you don't watch weird duck dude? Is he good? I was like yeah, that's like asking: why is beer good? Why is boobs good? You know robbie. I always appreciate you man, because you always set the tone straight right out of the gate for this stream, everyone's coming in and they're like hey. I wonder if, like there's going to be any seriousness to this financial entertainment stream today and then robbie, you start talking and everyone's like okay, good, we don't have to worry about that anymore looks like we are going off the rails.

A couple minutes in - and i appreciate that robbie i really really do five things to know before the market opens today. Tuesday may 17th stock futures jump as two dow stocks move in opposite directions: um we're talking about walmart home depot; we're also going to talk a little bit about the airline industry, or at least what some bigwig pedigree analyst thinks about it. Walmart fell on mixed results hit by spiking price pressures, walmart reports, big earnings, miss as higher cost supply chain, eat into profits. Now, you've probably never heard this in the past year, but apparently we're having supply chain issues uh.

It's not like it's one of those things. That's brought up at literally every single earnings announcement, so this is probably the first time you're hearing about it, but yeah walmart running into supply chain issues uh were unexpected and reflect an unusual environment. So supply chain issues, inflation, the increased cap, cost of capital is what's leading to walmart getting its uh nuts kicked back into its pelvis early this morning. Currently down six percent might be some volatility here.

So if you want to watch that one, i don't normally trade walmart, but probably something to pay attention to could be extra volatility. Today, on the flip side of the coin home depot, crushing it home depot raises full year outlook after earnings beat record first quarter. Sales uh, so home depot this morning raised a full year outlook after reporting, strong, quarterly earnings, fueled by company's strongest first quarter, sales on record, that's good, hey that sounds pretty bueno to me for 2022, home depot is now expecting sales growth of about 3 and earnings Share growth in the mid single digits uh: this is ted decker's first quarter at the helm of the company and what a way to come out to the plate, as you can see, hd right here, uh trading at 307, currently up 3.85 in pre-market now with home Depot one thing i want to say uh home depot, in my opinion, especially if you look at just really its balance sheet home depot is one that i think is amazing. To hold on to in a long-term account, has a pretty solid dividend.

Um, it's not one! That's like the sexiest investment, but it's one of those things like if it's making you money it's making you money home depot, especially being able to withstand some of the craziness. I mean home. People actually perform very very well during the height of the pandemic era, because so many people were doing diy projects, they strengthened their balance sheet even more. They have a very solid dividend.

Hd, in my humble opinion, in my non-financial advice, opinion is one of those ones that you could just let it sit in a long-term account if you want to reinvest the dividend to buy more hd. If you want to do a drip, a dividend, reinvestment investment plan or whatever the hell drip stands for home depot is one of those ones that i really like, in fact home depot comparable with lowe's. I like home depot a little bit more. I don't know why that is maybe it's just because there's a home depot where i grew up in natalo's, i don't know um, but i do like it definitely more than walmart, but once again home depot outperforming.

So if you're looking for something like hey, it's pretty basic, i just want to sit on it like i don't want the craziest volatility. Hd might be one of those ones for you to look into. Obviously, when over home depot bus says twitter deal cannot move forward until he gets clarity on bots we're going to be talking about that and finally, buffett's berkshire buys a slew of new stocks in the first quarter, uh a big one. That kind of surprised people was paramount global which, on this new report, is out uh that, like berkshire bought it and now people like drafting off of what warren does and now it's up even more in pre-market training.

So maybe you want to see what's going on with paramount um, i guess speaking of buying and selling um. I got some messages and i guess i should have anticipated this and i just want to clarify something very quickly about amc. So you can get this information on fintel now when we're talking about the big players like, why does it seem like so many big players are reporting what they have right now well, this is what's legally required from like a regulatory standpoint. Uh they have to file really just their massive positions, so 13 f's 13 ds, 13 g's.

They get filed every single quarter and just where we are in the gregorian calendar, it's about time that we're going to see who are the big owners of individual companies. So this is why recently you're seeing changes of like hey this person did or didn't do this with apple tesla, amc jimi and i just wanted to very, very quickly address um, some things we're seeing about amc. So yesterday uh we saw that breaking article that jim simmons from renaissance ended up, buying tesla buying gme and selling amc. Now with it.

I think it's always important to not just say something, because there's a huge difference between buying one share buying a million shares. There's a big difference between buying a million shares and buying 10 million shares and selling things off like just because someone sold something if they went from owning, whatever 10 million shares down to 9.5. Does anyone care like that type of a thing it's easy to just put like the description of like? Did they increase or decrease, but i think it's very very good to anchor that type of conversation in the truth of the numbers so very quickly, and i'm just showing you this you can get on f-i-n-t-e-l.i. It's free.

You can look up, l fintile, whatever company you want, but i just want to show you what's currently going on with amc so right now the biggest owner of amc is actually vanguard. So do you remember two earnings announcements ago when adam herron said excluding index funds, retail owns 90, what he was excluding in that was vanguard and most likely blackrock and right now vanguard, which is going to be operating. Many many different etfs that track many. Many different indices well to track all those indices.

It requires that they own, apparently 47 million. Shares of amc vanguard is not a hedge fund. This is the one that's creating like. You know how you can invest in the spy, the queues iwm.

Well, there's going to be a company out there that has to organize that and vanguard has its own list of those things and most likely the biggest one is going to be what's tracking the their equivalent of the russell 2000. So that's where a lot of that is coming in most likely in that number, that adam aaron pitch to us, probably counting blackrock, because blackrock is going to do similar things, but they also have some like hedge fund tendencies, regardless they own 43 million shares. So i just want to call those out. Those are the two biggest right now, but then i want to get into what we're talking about rentec and ren right here.

So rentec got rid of 60 of its position yesterday, and that was in the business insider article. But even in doing so, they still have a 45 million dollar investment which comes to about 1.8 million shares, that's after they got rid of 60 in the last quarter. We also saw from the business insider article and you can check it out on finto that they got more gamestop and you could see basically how many shares they are. This is per thousand, that's why this is 45 million and then just the amount of shares.

That's what this first column is the amount of shares and then the dollar value, but you multiply it by a thousand, so they have 45 million dollars in amc right now, after getting rid of 60, which comes to about 1.8 million shares now other people were uh Kind of there was a little bit of confusion between our just like white billionaires of like who's who so renaissance, which we just got this from um their 13f filing. That is run by jim simmons. He's uh he's a mit math professor, a nasa code, breaker very, very smart mathematicians. This is a quant fund, that's a little bit more active and then the one that people are confusing it with is from bridgewater associates.

Obviously, on the same day, we got their 13f filing and this is run by ray dalio uh, another obvious white billionaire legend on wall street. But what i'm trying to point out is they don't own much uh they own 27 000 shares. So, even though bridgewater bought amc and renaissance is it true that they sold amc? Those are both true but compare the magnitude. Bridgewater 27 000 shares, while renaissance 1.8 million a lot of people were asking.

Why did i not bring up anything about bridgewater or ray value? Uh, because there's literally people in the ape community who own more than 27 000 shares it. I don't know that i guess that was my reasoning. Um it's just there. There are, i literally know, apes in this community who they themselves own more than bridgewater associates, which has trillions of dollars in assets under management um.

I was just looking at like the big numbers like blackrock and vanguard, and then this one to me was still pretty sizable coming in at almost 2 million shares. Uh in the world of amc, which has 513 million shares outstanding 27 000 shares for a player like this is kind of a drop in the bucket. So i just wanted to offer very quickly a little bit of clarity there. But more importantly, this is a great tool that you can all use for.

Free fintel feel free to check it out. This is amc's, but you could look up whatever equity and then you could also reverse it. The other way if you're like i just want to see what's in bridgewater, oh yeah, but i get it who's. The artist of mine reader song from yesterday, why you move into america's wank um robbie miami is i'll.

Take this in reverse order. Um miami! It's more of a business play and there's a lot of like interesting business opportunities for me there um ned, i mean i know you could feel hurt, but ned is a great co-host. I mean ned's just crushing it day in and day out, but hey you could always have multiple co-hosts and who is the artist of mine, reader's song from yesterday? I don't know that, but i'll have to get it to you. I don't know it off the top of my head uh.

Thank you robbie. I appreciate that anyway, fintel a great great resource that i think everyone should be checking out. Um morgan stanley says there's a 27 chance of a recession in the u.s in the next 12 months, which, as you can see, is up five percent from just two months ago. Are we 100 headed to a recession? I don't think so, but i think it is very very likely, i think the odds of us going to a recession in the next 12 to 18 months is more likely than us not going to a recession.

What does that mean for you? Well, if you're actively paying attention to the markets, it actually means a lot of opportunity, a lot of opportunity, and i think that's something that, with the increase in volatility, we can pay attention to those swings and ideally turn a little bit of money, ideally into quite A bit of money, so i don't think it's something that anyone should be scared about. It sucks, if you're exclusively doing long-term investments, because you're probably gon na, take a hit, but for people who are actively trading, you make more money by bigger swings, and it looks like we've already been having bigger swings, as if you've watched any of these you, we See it every single day in the market, but i don't think that those will be slowing down any time soon. A veteran fund manager shares how he's beaten 96 of his peers this year, while minimizing risk um, okay, blah blah blah blah blah blah he's done great. I just want to show you what he's actually particularly interested in airlines, oil and gas firms, utilities um, so i'm a big fan, as we've already been talking about the energy play and certain blue chip stocks and those blue chip stocks are apple, microsoft, google, amazon.

I really like three of these and the one i'm not the most thrilled about is google um big fan of apple, big fan of microsoft, amazon. I mean microsoft and amazon, uh solid balance sheets very, very strong cloud computing place apple, is apple dominant and, like i'm, not saying anything bad about google, it's just. I don't know if i would classify google in the same grouping of my bullishness as these three um. If you are looking before, we were talking about etfs that track certain industries, so right here, uh the s p, oil and gas exploration, production xop.

If you're looking for an etf that tracks the airline industry, you could look at jets and then also utilities is xlu. I don't really pay attention to utilities that much the only utilities i pay attention to is basically forgetting to pay them every month and then i'm like oh shit. I should probably pay that uh. I don't really mess around with that industry, but probably something to look into there are way way more etfs to track all this stuff.

I just wanted to call those out to everyone um, and it's not just me screaming at this camera, saying: hey energy and utilities, probably something worthwhile to look into even a veteran fund manager thinks the same. I wonder if he's been watching my streams, um we're getting close to the bell opening uh we're gon na get into the elon twitter drama uh the recent renewed drama in just a little bit, but i want to remind everyone, walmart home depot. They reported this morning. After the market closes today, nothing too special before the market opens tomorrow we have target lowe's tj maxx.

After that we have cisco. We have kohl's john deere foot locker, so you can check this out on earnings west per feel free to just screenshot this. If you want to play any of these earnings, uh bath and body works, maybe a little bit of volatility there we're getting to the end of earnings season. Um, there's obviously still important earnings going on, but not like the massive big name ones that we've seen over the past couple weeks, but still going to be prompting volatility.

None the less uh, obviously we'll be talking a lot about crypto after the equities market calms down. Here's the plan basically we're gon na watch market open in five minutes. Then we got ta get into some of the twitter elon drama and then from there we got ta get into some of the recent crypto drama. Then we're gon na see if there's any interesting trades to be had, and after that we could do some like reaction videos, but that's pretty much the plan for the day, a lot of bullishness the asian market, crushing it crushing it crushing it.

Let's see if it actually holds in the u.s session, this level spy 406, it's an important level for sure. Actually, let me bring up the spy for all of you right here, so between 405 406 important if it stays above it we're watching 409 and some change we'll just call it 410.. So if the spy holds this out of the gate, we might be talking about 410 by the end of the day. Let me zoom in on this um before that market goes ding any ding, ding ding.

I want to turn it over to you for any pre-market questions. Let me get this all set up. Oh actually, hang on before we do that uh. I do want to point out the fed schedule today right here, uh, so 8 am bullard.

Talking harker just started. Talking uh, then we have another one at 12, 30, 2 p.m, 2, 30 and then what is this? Like? 6. 45. 1.

2. 3. 4.. We have six different feds talking today with pal the chairman of the fen speaking at 2 p.m, and this is all in et.

So this is right here. These talks, and what is said or isn't said, is what is easily going to be like adding to the volatility of the day, and let me quickly see if uh harker has said anything of interest. Hindenburg research, founder nate anderson, said, we've closed. Our twitter short bullard increase in market rates for treasuries home mortgages show fed is not far behind the curve, as might be thought.

We will be reserve currency for a long time to come. Talking about the usd u.s plans to propose eu plans to propose eu imposes terrorists on russian oil 50 bips increase at coming meetings, a good base case for now. We kind of already all knew that so basically we're just sitting in an environment where we have a very hawkish fed. Why are they hawkish to fight inflation? What's the side effect of that? Well, not the best environment for business growth, which means we see kind of a hit in the equities and in the crypto market.

But obviously, one of these days the bottom is going to be put in and if you believe the bottoms and now maybe a solid time to buy, i mean i'm looking at this graph of crypto and yeah. Did it sell off all the way down to 25 000, but since then we're seeing higher lows, we'd love to see a recapture of 32 and a pop off of that it? It all really we're in this scenario - and i i get these questions a lot of like okay when's, the bottom coming. How do we know the bottoms in and that's the type of thing that it's up to the fed? The fed is running the game right now when they stop with their quantitative tightening their or when it looks like they're going to stop with their quantitative tightening. I think there's going to be quite a bit of money coming back into the markets, but that's 100.

What we need to wait for all right, fed fed fed be careful with uh general market trades today because of the fed. You never know if they're gon na say something a little bit funny that causes things to go. Haywire, hey matt, got 6k shares of inp at 220 was able to cost average 170. What does the recent public offering mean for its shareholders um? I am pp.

Uh dilution, uh, we've seen this with amc. We've seen this with gme, but they are raising money by offering more stocks, so your position is getting diluted. Hence the sell-off in the stock plummeting more than 44 after unwritten public, offering of 72 million shares at 55 cents. The casino is open.

Um looks like you got diluted on inp and it was at 55 cents. So there's that's quite a bit of headwinds to be running into all the way up there uh, unfortunately, that's quite a bit of distance from your average of 170. um imp. It's not looking good for you, if i'm being honest, but i don't think you're completely screwed, because this is still an energy play.

It's still directly in oil play, so i don't think all hope is lost, but the leadership team definitely took a dump on. You definitely took a dump on you all right, the market's open, we're rocking. Let's see what the actually let me quickly check. I just want to check to see if i have buying power.

Yet, no, ideally, i guess tomorrow, i don't know why. I still don't have my options buying power. Let me bring up home depot just because they reported who we're seeing some selling team we're seeing some market selling matt. Do you remember what an amc is? Oh, what's an amc, you're wrong pirates? That's right! I've been here for too long, what's going on man matt, what is your opinion on those big institutional holders of amc, the ones letting out the shares? To short, i mean i, i don't really have much of a.

I guess, like a specialty opinion on that in all reality, and that is because that's what big institutional players do, especially the ones who hold for a bit longer of a time on average they're in the game of like when you have millions and millions of shares. They're just going to take, especially if the cost to borrow is a bit higher they're just going to take that money, because it's making them probably a couple like thousands of dollars a day um, it's just really normal. So i guess that's why i don't have any like specialty thoughts on it, just because it's par, for course par. For course.

How do i switch? I think we are good matt check your dms on twitter, please uh one of these days. I'll get to it. Are those retirement and pension funds shares included with blackrock and vanguard most likely, because a lot of retirement and pension funds buy the blackrock and vanguard offerings? So, like you looking at your ira or your 401k, whatever it is a lot of the times a blackrock and or vanguard is offered to you and, like you or whoever, the manager of those accounts. Are they have the opportunity to get it? So i would assume that quite a bit of their investment is from retirement accounts.

Rivian is pumping whoa whoa brother ribbing up six percent, but hasn't this gotten demolished lately yeah um gap. Fill opportunity on rivian 28.79 is what i would be watching on rivn rivian the make an announcement on. Why he's not on twitch uh, i should be on twitch. I've been having a little bit issues, not with my internet but with stream labs lately uh today, it looks like for some reason we're having a transmission issue on twitch i'll try to get that figured out, but no it was a mess up if anything, a mess Up, if anything, all right, where are we going today? Where are we going? Let me check to see what any of the breaking news is uh.

What do we have trending today explore trending walmart wmt is somehow trending after getting rocked in their earnings. Bullard is trending right now as well: uh uh lots of talks, lots of talks today, bullard harker, pal messer and evans, all speaking today, 8 a.m, 9, 15, 2 p.m, 2, 30 and 6. 45., oh brother, oh brother, brother, brother or brother jeez la louise. This 4050 level will be interesting if it holds.

It should be very interesting, in fact uh. Maybe this is like the degenerate in me, but i really do want to sling some tesla options today, i'm jealous of all the people who got those amazing trades in on it yesterday, uh very very jealous, but i don't know: does anyone on think or swim? The money was accredited to my account pretty quickly. Does anyone know how many business days it normally takes until you can actually trade options with it, uh anyone mueller mueller, you know what i need is an ipad that i could just put down and like see your chat, i don't know where travis is. I thought it was 404.

four days three days took me four days so hopefully tomorrow i don't know because i i think i did it on thursday of last week. Yeah, it is what it is. Uh people are calling out cei. Is that one moving again cei? Not really, no, it also has low volume.

Luna is luna dead. I'm excited to talk about luna today and explain what they're doing next luna a thousandth of a cent. What's the peg at oh, eight cents, ouch luna luna got caught folks feel free to keep this to yourself. I'm just like kind of curious.

How many of you in here were in luna? Can i raise my mic volume? Um? Am i quiet? I thought i was loud but hang on. Let me see. I think i could do something mike gate, mixer where's my gain system, routing lighting, sampler effects pitch echo hard tune. Mixer.

I don't think it's my mixer. I think it's in my mic makeup gain uh, i'm not 15 right now, how's this testing testing testing one two three testing, my name is mateo and i cry in the shower cause. I was supposed to have potential, but i don't and now my voice hurts my voice hurts a lot of echo. There's the echo now or is just one person saying there's echo mike is fine.

I'm just gon na assume that i got this working and it's not me, i'm not the problem you're the problem, i'm not the problem with you had some auto-tune. This is what it look sounds like when you have laryngitis in auto-tune. What does it sound like? If i also have my old brother voice testing test - oh brother, this is a perfectly auto-tuned home brother, we're coming at. You live from the nasa space studio me matt coors and my famed guest ned, the non-prickly cactus, we're here to talk about those little weekly numbers on your screen that have an unhealthy impact on your relationships and emotional health.

We're here to talk about the stock market. Oh brother, oh brother, own brother, own brother, um, there's wall echo in here there shouldn't be wall, echo wow that sounded weird. That sounded a little bit questionable. No i'm batman! Um! You sound like the teacher on ferris bueller's day off bjor mueller, all right.

Let's get rid of that and let's go back over to this nope this. This is honestly. My voice is so messed up. You guys are quite like you're getting me to question myself of.

If this is my voice or not um, very sus, very unknown uh nvidia is ripping today in video amc is having a good day too whoa hold your horses team hold your horses. Nvidia is a big amc's up big tesla's up big market trunk. The whole doesn't look the best, but still up 1.4. What up greg i mean matt.

Do you sleep upside down? Um? No, thank you for asking, though amd semiconductors, crushing it today. What are the option? Traders doing ooh options traders interesting, i'm seeing a lot of spy puts for 3.85. Hang on hang on, hang on, hang on. No i'm seeing a lot of spy puts 385 for a month out.

The june monthlies june 17th put same on iwm same on spy again. There were some spy calls, though, a inch more spy puts coming in folks. Someone knows something about the 31st that we don't. Why? Why why? Why? Why why why why? Why are they doing this another one? What in tarnation, what are they doing? I guess: are they just layering into this pop? I mean dude every second, they just keep doing it.

Selling iwm one day out 132k interesting. Someone is hammering the market like they're, taking this pop right now for a month out, they're saying no way jose uh, fed's butler and don't expect europe to go into recession. Translation europe is in a depression. Uh s, p money pouring in bullish, polish um.

I don't know the money i'm seeing is actually betting against the spy right now from now until june. Uh, it's a relief rally very well could be very well could be and then there's a spy getting crushed. I'm going to call it out now. Am i going to call it out now? How do i feel about this? What are the odds? What time is it? 9.

45. I think there's going to be another tesla opportunity today. I just don't know if it's quite the time to strike. I don't know if it's quite the time to strike tesla may 20th, this friday um.

I would say this. 7 25s look for 10 to 20 percent. I actually really like that trade. I like it enough that uh.

I can't take it just to be very, very explicitly clear with all of you, but i just want to see if i'm gon na be right tesla. What did i say the 725s currently trading at you can pick it up for 15, 15 right now, tesla's 725s. For may 20th, like that, let's see if i'm right, i'm personally not going to take it but um we're calling out a tesla come on tesla put may 20th and their your entry is 15 and i would go for a 10 to 20 gain uh depending on. If you want to scale in scale out, if you don't have the ability to scale, that means you take the first number or i've read some studies that are like okay, you should just cut it in half and take your profits out like in this scenario.

15.. Um tesla put 725's may 20th entry price 15 um. That's what i would be doing literally at this exact moment in time. If my money has cleared um and so the exit - let's just do 15 15 of 15 is what six that would be 1625.

If i'm doing my math right, i hope i did my math right, yeah 1625 is where i would put my cell order in uh. Let me write that down i'll put all that information in locals. Tesla put strike 725 exploration, may 20th, 15. uh all right, and i'm posting that right now on all those details, i'm putting them on locals.

Okay, that's just published: oh, it already hit wow. Well, you could save some of your runners, like that trade literally already hit you're freaking welcome. This is more infuriating. I could have made tesla money today and yesterday, like just my luck.

The times that i would know how to trade. Tesla are the times that i literally just don't have money approved in the account to trade tesla. Are you like him come on? When does matt catch his lucky break? That's my only question: did i pick up smoking yeah? It's like a cool new habit that i'm trying something i'm like trying to give a whirl. You know all this pre-planning amc's real price is unreal.

Um this whole concept of like real, i mean honestly, one of the craziest things that ever happened in this community was that people thought there was like a real price and like a fictitious price and like uh, like some illuminati, run other extra market that we didn't Have access to, and it was trading like way higher, where he was training higher on dark pools and that type of stuff. That's one of the most insane things that, for a brief moment in time, was believed in this community, and maybe some people still believe it. There's no secret second price, that that's it's stupid. It really really is um and i can understand how maybe for people who are new to the market or maybe the same time, dedication for market structure like knowledge and information.

Isn't there so you're like? I don't even know what is or isn't true, but the fact that there were people who had considerable sizings pitching that type of idea. It's it's dangerous because of how incredibly wrong it is so stupidly wrong. Um lou was saying that uh, i don't. He might have been one of the people uh, but that guy doesn't know what he's talking about.

He is it's actually dangerous, the ideas that he pitches uh, if, if he, if that is one of his ideas, that there's like a secret second book um, if that is true, if i'm being honest, i don't watch his content. I don't really get anything from it. Hence i don't watch it, but if he has or does pitch that idea, uh just know he is like verifiably wrong. This isn't a subjective thing.

This is an opinionated thing. It's a factual thing, it's just is it true or is it not true uh? Is it logical, is it not logical um, this isn't subjective it's objective and when people are saying things that are literally just like contradictory to reality, like it's confusing to me on this side of the camera, when it's kind of like there's so much emotion in it, But at a certain point we're just dealing with fact: either something is factual or it isn't factual and that's just one of those things that it's just not reality. It's simply not reality, but also i thought he was like gone didn't. He say he was like leaving the community and told people to sell or something like i thought he was like.

Yesterday's news. Matt needs a cat filter. Sure i don't know what that means. But let's do it sounds provocative fyi.

It's raining very heavily in dublin, ireland um shout out to everyone currently battling the rain in dublin, ireland, cabbage smacker. Was it michael berry or just a little blurry? Oh cabbage you're, crushing it man. Well, as you can see, the s p 500. Is that an important support uh for those of you who miss the tesla trade? You can get in right now for 16, it's a little bit chasy.

So i would try to take that 10 gain, but shoulder head shoulder. It could easily bounce from here. If the spy bounces, so if you're playing tesla you're, basically saying that the spy is going to break down below 405., will it walnut? I don't know, i don't have a crystal ball um, but that's what you're inherently betting on. Ah, my tea, oh important side note i spilled my coffee all over the place.

It was actually my cappuccino all over the place this morning, uh not the best start to a day, and i don't want to make this all about me. I'm not on here to complain to thousands and thousands of my internet friends, but i think we should just take a little bit of a break to acknowledge that my cappuccino was dispersed across this entire room this morning, and it was a lot for me to handle At seven in the morning, can we talk about french condos? I love french condos, a big investor in french condos and mormon condos did the spy the spy has fallen. Oh we're going down down down down. Oh speaking of going down down.

My account is still down a lot of money, a lot of money will it. Let me double up. Is that a thing uh? Oh big problem, it just. Let me double up uh.

They must have lowered the margin requirements, uh team team team team team. Well, that's interesting, uh! Okay! I just took a short position on the s: p 500 futurist contract and i got it at 4051.25. Let me write that down, so we can all remember. 4.

000.. 51.25. Um. Well, that's a turn of events.

Okay, so we are now all hoping for the market to die today. I just want that to be very, very clear if you are not supportive of my market bearish position you might as well get out of here, because we only want good vibes, good vibes only. Why did i try to buy the breakdown or why did i try to sell the breakdown? This was just calm cool, oh son, of a bitch, and it bounces right away like seriously the second that i'm messing around. It's like this is how i know hedge funds are watching me.

Ufo talk is that being streamed. I saw that they're, like literally having a government panel on like a ufo this morning. Is that being streamed somewhere, because i would love to learn about this. Ufo uh live.

Where are we? Where are we where's the ufo panel ufo ufo, since we have insufficient data either on the? This? Is real life itself or insufficient data watch live pentagon officials testify on ufos in rare households, may have had something in that space at that time. So it's a data issue that we're that we're facing in many of these congressmen understood. Thank you very much. Yieldback gentlemen yields back mr gallagher.

Thank you, mr chairman, thank you for allowing me to join this hearing um. I really appreciate the witnesses. Testimony um, mr moultrie, as the chairman mentioned uh dod, had initiative to study ufos in the 1960s called project blue book. It's also been well reported in our briefing and in other places that we have more have more.

Recent projects specifically show us some pictures dude. Could you describe any other initiatives that the dod or dod contractors have managed after project blue book ended and prior to a tip beginning did anything also predate project blue book? So i i can't speak to what may have predated project blue book. I mean, of course, there's roswell and all these other things that people have talked about over the years, i'm familiar with blue book, i'm familiar with uh with a tip uh, blue balls and other documented uh studies that have been done by the bullshit. My wife just called and said she saw ufo between.

Is she at the hearings? Is this her? Not where do anything? That's, mr gallagher, getting information from your wife hasn't been uh brought to my attention. Okay, uh! Additionally, are you aware of any other dod or dod contract programs focused on uaps from a technological engineering? By that i mean, are you aware of any technology initiatives focused on this topic? Other than initiatives focused on the individual case. Investigations identified aerial phenomena focused on an unidentified aerial phenomenon. Some people think i'm a uap.

We are doing in the navy task force and what we are about to launch in terms of our effort same question for you, mr brown same answer not aware of anything outside what we are doing in the uap task force, so just to confirm you're, not aware Of any technology or engineering resources that have been focused on some new emojis for members, try out the new emojis i'll, say no contract members or uh programmatic uh efforts that are involved. The reason why i i qualified yeah, let me qualify it that way. I can't speak to what people may be looking at in the department. Speaking of aliens, the elon aka, the alien and twitter drama is renewed.

I know you were sitting around thinking. Ah, i just need more drama in my life today and if i got to pick the type of drama, i would love for it to be a billionaire based drama. Well, good news: we are back in session elon musk's twitter deal is looking shakier than ever. Here are all the ways the buyout could collapse.

Now i know you're, probably thinking to yourself yeah. The deal is going to be shaky. I just downloaded twitter for free. Why would this guy spend 44 billion on it? That seems like a poor financial decision and i'm right there with you.

I too downloaded it for free, save myself, a small small fortune of 44 billion musk's twitter takeover is financed partially by a huge loan secured against his tesla shares, and this is where it kind of gets interesting, because if the tesla stock drops below 420, which lol Elon 420 musk won't have enough to cover the loan according to bloonberg, okay, so here's the deal over the past couple days. We have more information of why the deal is looking a little bit. Sus uh. It is temporarily on hold and they want to check if spam and fake twitter accounts make up less than five percent of the company's total users.

So the tldr version is basically twitter and its leadership team and the current ceo parag in their sec filing said that less than five percent of the company's total users are fictitious, fake spam and now elon is saying, but are they i smell bullshit and he then Followed up very quickly, elon that is still committed to the acquisition. The deal can still fall through, but the terms of the agreement would make it expensive for either side. Basically, if one side pulls out and there's a whole list of reasons of why they can or can't pull out, it could cost them a billy to break up. You might have thought that your breakup was expensive and painful, probably not in the realm of one billion dollars.

Twitter can sue elon for damages and preach of contract and collect more than one billy with a b. While i expect the deal to close, we need to prepare for all scenarios and always do what's right for twitter. According to bragg, who is the current ceo of the company, elon musk says 44 billion twitter deal can't proceed until the ceo proves. The platform has fewer than 5 fake accounts.

My offer was based on twitter's sec filings being accurate and now elon is basically saying hey. I don't think they are accurate. Twenty percent fake spam accounts, while four times what twitter claims could be much higher. So the number the line in the sand is five percent elon's, somehow coming up with this number of 20, and it could even be higher than that.

My offer was based on twitter's sec filings being accurate. Yesterday, twitter ceo publicly refused to show proof of less than 5. This deal cannot move forward until he does as twitter navigates a potential takeover by elon, musk experts say ceo perog needs to be more transparent and timelier. In his communication, it's hard to be the ceo on twitter, especially if you're the ceo of twitter.

I i think, it's more of it's tough to be the ceo leading the acquisition of a company if you are not being forthcoming with your information. My entire reaction to this is dude to show the numbers, if you have less than five percent fake, slash spam accounts that should be easily produced easily produced and if you're not easily producing it. I think you're raising some eyebrows and then the sec should be like what the fuck are. You lying to us paraga monday pushed back via twitter, again speculation that the social media company allowed pots to remain on the platform to bolster the site's overall user base.

Musk's response the poop emoji. Obviously this is the type of stuff that you learn at harvard business school. This is what you learn at wharton. This is what you learn at stanford.

Whenever you see your potential business partner acquisition target, saying something you don't like, you just hit them with the poop emoji. This is a well-known back strategy that you're going to learn at any business higher education, harvard war in stanford uh, classic we've seen that type of stuff. Quite a bit elon musk said repricing. His twitter deal for less is not out of the question.

So where is this really going to go? I don't know you might be surprised, but elon doesn't call me object or if he doesn't call me a prague, they don't call me up once in a while we'll text and we'll just have a lot of funny. Memes exchanged among the group of us, but when it comes to this particular deal, here's how i think it goes do. I think that twitter has more than five percent fake slash spam accounts. 100.

Have you been on twitter? There's a lot of bullshit accounts. I think it's more than five percent. Obviously it doesn't matter what i think, because this number is something that you should be able to easily prove when they're doing their due diligence. This number is gon na come out if it's lower than five percent or at five percent.

I think the deal will go through at the 5420. if it's higher, i think the deal is still going to go through it's just. The price tag on twitter is going to go, lower and lower and lower. Based on how many fake accounts there are elon said that the deal with a lower price tag is not out of the question.

Currently, what i'm being told is that there's just no way to know the number of bots? It's like an unknowable as the human soul. I mean it's kind of crazy for twitter to have that response. We don't know how many fake accounts are like dude. It's your platform uh when i did things interesting and shout out to everyone, particularly watching on rumble right now, because the ceo and founder of rumble got a little bit of attention.

I'm at the all in event and elon is not buying the monthly active user number that twitter is reporting. He thinks 20 fake accounts might be the lower minimum band and could be much higher. That is mind-blowing the more questions i ask the more my concerns grow. According to elon musk - and this all came out from a fancy, i believe the tech conference was in florida.

I think even miami, but pretty much. It was going on yesterday and then obviously business insider following up on this, so chris was there repping, rumble figuring out. What's going on, and obviously this has a lot of implications rumble competitor to youtube, rumble cloud services offering the servers for true social, the whole trump media thing. So a lot of moving pieces here and it's kind of interesting to see how this big business trauma is playing out.

So i just wanted to keep you up to date on that. If i had to guess right now, i think elon still gets twitter. I think he's just gon na get it for a cheaper price tag, but the final thing i need to share with you is actually elon's recent commentary on the overall economy, the overall market, elon musk, says the us is probably in a recession that could last 18 Months, adding that recessions are not necessarily a bad thing say what i thought. Recessions were always a bad thing.

What is our like? Uh, real life iron man, like possibly talking about recessions, are not necessarily a bad thing. I've been through a few of them and what tends to happen is if you have a boom that goes on for too long, you get a misallocation of capital. It starts raining money on fools. Basically, he went on to say that when this situation gets out of control, the economy has a misallocation of human capital, where people are doing things that are silly and not useful to their fellow human beings have to admit.

When i read that line, i thought he was talking about me where people are doing things that are silly and not useful to their fellow human beings. You know what, for the remainder of this hold on one second good thing, we always have our handy-dandy tinfoil hat.