I for some like couple days, but it's only been hours. I guess we've been interested off to the places new realm chasing piece of paper, pulling me to it, to my amazement, put it on the tongue and the sound took shape half an hour in the system, and i felt real great tonight. I, whatever you do all right through the night in the sky mum, one small step for man, one giant leap for mankind, folks got my spacesuit and look it has a pocket? Has a pocket to do pop to do to do pocket stuff? I'm jazzed. I think the only reason amazon is up is because i spend too much money on random amazon costumes.

I feel like bezos should send me a personal thank you card. Oh man astronaut, it's official right there. What's this going to say superhero, it says i'm a superhero! Oh folks, this is indicative of how i feel i know you guys might be like wait, what astronaut to the moon. What is he talking about hey? I don't want to be the bearer of good news or anything, but i think we're about to see some green, potentially a notable amount of green in the market in the short term.

I know that's crazy. Over the past couple weeks i've been bearish matt, negative nancy. The guy making a killing playing the market to the downside, but there are some important things going on that. I think this week and it's really tough to get so specific with the time is that mondays or tuesdays and wednesdays? Something like that, but i think this week we actually might see some decent amount of buying some upward movement, so i obviously want to get into all that with you and if you saw my tweets last night, i said hey.

If golden state doesn't win, there's going to be a market crash, they did win. So there's not going to be a market crash. This week i have the new outfit, i'm feeling pretty good. I think the money to be made this week might to be the upside and i'm i have a whole list of reasonings beyond, like uh an amazing fashion, sense, so i'll be getting into all that we'll be talking about the overall market.

I have a couple stories. Some of them are going to make you happy. Other ones are going to piss you off. Then.

I have some individual stories. Gamestop there was a recent announcement there. I have some crypto stuff that will cover when the market opens and then calms down. We have that.

I want to talk a little bit about the ultimate scam, that is college, particularly master's degrees. We have some videos to react to a lot a lot, a lot going on, so i'm gon na be excited because hey it's a money-making week, but before we get into that two important things: numero uno, the 10k challenge account. The account is currently sitting at at fifteen thousand six hundred and sixty one. So last week we started with ten thousand and seven dollars this week.

We are starting with fifteen six six one, so we gained over fifty percent in one week. If i'm being honest with you on friday, it was actually above 25k and then the market ripped into close. So my puts like i ended up like they kicked my teeth in so hey we're still at 50, i'm not gon na complain uh, but i am a little upset that i was over that 25k, but i just want you to know, as of now, for my Active positions excluding my long-term, like kind of hotel like these, are my long-term investments. My active training, i'm completely flat right now.

I have nothing in the futures market. I have nothing in the options market, but that is totally going to change throughout the day. So i'll, let excuse me i'll, let you know kelly ripa, would never do that i'll, let you know, but right now flat and the results of week. One is a 56 gain on the account and we have about 10k more to go until we're over pdt, which i could have had on friday, but i was being a greedy little pig and that's what i get for being a greedy little pig.

The second thing we need to talk about is today's stream. Sponsor shout out to public public they've been supporting us for many many months now and hey. It's always been a good experience, no payment for order flow, no market makers. You can trust in the brokerage that you're trading on and on top of that, it's free to sign up it's free to get going, but from there they'll actually pay you get up to 70 of free stock.

The code is matt. It's pinned at the top of chat. It's in the description of the video. It is free, free, free, free, free, free, f-r-e-e money check it out, obviously they're just doing it because they want people to come out on their brokerage.

But, unlike these other ones, such as robinhood and weibo, that we know engage in payment for order flow public does not now, if you're an options trader. This will not be the brokerage for you, but you could always do options trading on something else. And then this is where you could do your stock trading. I myself this is where i have my amc and gme parked and what i like about.

It is a little bit more of the social media aspect of you can see what other people are in. You can see when they're buying you can see when they're selling, like you get the little notifications, so you could check out what i'm in you can check out what your friends are in it's cool. On top of it, you can sign up and then give them your referral code, and then you can get some free stock when they sign up and hey it's a win-win-win-win-win win, win win, but once again shout out to public. Thank you for sponsoring the stream.

It's pinned to the top of chat. It's in the description of the video make sure you get your free monies now with that out of the way, let's talk a little bit about last week down down down down down downtown and i was making money. I was short against it. In the futures market i had puts blah blah blah.

Everything was great. I was killing it. I was on cloud nine. I was top dog and then in power hour, the market just completely ripped.

This was insane. It was truly truly insane and it just rip rip rip and then obviously, when the futures market open leading into the asian session, then the european session we're still seeing some strength right now, so the puts i had. I still made some money on it and locals. If you ever want to know what i'm getting in or getting out of a trade, i post all that stuff on locals.

Just so you can know my exact numbers, my exact thought process. All of that good stuff um. I still made a gain, but it was far far smaller than i should have, because i got out like a little bit too late on this breakout. So it was a little bit disappointing, but when i thought about it this weekend, i was thinking about what this move actually means.

The fact that the spy actually made it to the green look it we gained point zero, four percent, that's actually kind of a big deal, and this will play an aspect into my thought process of why i'm actually leaning a little bit bullish this particular week, or Maybe not for the full week, but i think at some point this week we're going to see a nice big green day that hopefully we can take advantage of. So this is how things played out on friday. It was an awful awful day, but then we had a very good close that actually got us into the green now, obviously the tech heavy sector it followed, but it actually still ended in the red and it's lagging a little bit. So i want to see that catch up, which will also clearly relate to crypto and then the small cap sector, a similar story, but speaking of crypto, looks like it's knock, knock, knocking on the door to get a little bit of a bullish.

Push as well. Loop ring is up right now because the gamestop news - yes, we will be covering that she they actually have an announcement that they officially burned 50 - i think billion within one month, so we'll be talking about that later. But overall, i'm seeing this consolidation pattern in the two top dogs, bitcoin and ethereum we're seeing some higher lows and it's knocking on this resistance. Will it break out? I don't know i'm an astronaut, i'm not a fortune.

Teller. Your guess is as good as mine, but with proper risk reward management. If it does happen, you can play that and if it doesn't well you're gon na walk away with the paper cut instead of decimating your entire account. So over the weekend it's been interesting.

Friday was definitely interesting. Now, let's talk a little bit about the here now, let's live in the present: let's not live in the past, so things are looking green, the dow, the s p, the nasdaq all green, green, green, green, green oil. I'm telling you when it re-tests 115, i think there's going to be a breakout and a brutal rip to the upside i've been trying to hammer this point home now for two weeks on the retest of 115. I think energy, oil, petroleum, natural gas, whatever sub sector you want to talk about, i think, we'll end up ripping to the high heavens, pay attention to oil.

It's been slowly grinding back up, but the line in the sand is 115 and obviously a lot of that has to go on what's going down in europe right now, we will be talking about that stock futures rise as wall street attempt to rebound after a relentless Selloff and thus far the rebound is actually holding, and i think there might even be more to said rebound. We got to cover some important stuff and this is going to be best the best explanation i can come up with of why, even though recently i've been sounding a little bit bearish in terms of the overall market, the s p 500 in the short term, i'm Feeling a little bit bullish and i want to add some interesting quotes and analytics and actually numbers for all of you, especially for some of the people who, like more of the quantitative type reasoning out there. A study of secondary reactions in bear markets will reveal that the development of those movements is usually indicated by a series of minor rallies and declines with each rally generally carrying above the preceding one and declines terminating above immediate preceding lows. Such a formation in the averages forecast a secondary advance, even though the primary trend is down.

This is when i'm talking about a bear market rally, statistically, it's actually common to still have pretty brutal moves to the upside, even though you're in an overall downtrend reactions, whether in a bowler bear market nearly always consume less time and are more violent than our movements. In the direction the primary trend, it is not unusual for a three-week rally in a bear market to retrace 30 to 60 percent of a downward swing which may have taken many months to complete. So basically, when starts to get volatile, it gets very, very crazy and obviously i'm not a fortune teller. I can't tell you what's about to go down in the market, but prepared with this knowledge.

If we start to see some craziness, it gives us an idea of like it's, not the most insane thing to actually have a bear market rally that can have a sizeable percentage move of the recent selloff. And if you want, you can look at the sell-off from january 5th, all the way to now in late may, i still think we're overall in a downward trend, but these moves to the upside they're tradable and you can make a lot of money very very quickly. Now, to add on to that stanley druckenmiller: this is the guy that we talked about last week, actually also had some commentary on bear market rallies. It's always very difficult in a bear market stocks, don't trade with rhythm and you get these vicious rallies.

You get squeezed out of shorts, that's exactly what it is it is. You have so much volatility, you have so much fomo in one direction or the other, and i think what happened really on friday, most of the day being extremely bearish. I think you had a lot of people who identified as bulls and they're like finally throwing in the towel they're like screw. It will be bears and then right away, i'm always on the mindset that the market's trying to screw the most amount of people possible.

So i think all these people who are a little bit late to the bear game are about to get their asses handed to them and when they finally are done getting their asses handed to them, i think we're going to resume the move back to the downside. I'm always in that mindset of how is the market going to screw the most amount of people and for the longest time everyone's like no we're not going down it's over it's over it's over. Why would you be embarrassed and look at that? We went down down down well now. I think it's changing a little bit where we're like, and i think some people are starting to see that sentiment and i think too many people switched really the team they're playing on and i think all those new bears are about to get screwed so to be Very clear about what i'm seeing, i think short term.

We could be experiencing a bear market rally, something to the upside and then i think the overall bearish trend will resume and i'm not the only one. According to the wall street journal and some other fancy people portfolio manager - i doubt he even owns one astronaut outfit, but that's besides the point. Stock market bottom remains elusive, despite deepening decline, they're going to keep getting worse before they get better. Let's jump into why u.s stocks are in the midst of their longest sell-off in decades in terms of equities, this is the longest continuous sell-off since we've seen since i believe 1932., it's been like a fair amount of time.

Market sales have long stump strategies trying to predict when they were close to being done. Some have concluded with bursts of panic selling others such as the ones lasting from 1973 to 1974 ground to an end after days of subdue trading volumes. Now, just from a little bit more of my quantitative, like research in the market that i used to do way way heavily, this is an elusive thing that many people have been trying to do. How do you predict a market bottom? Some people swear by one things.

Other people swear by another and some people just say: hey, i'm gon na throw out a dart at a dartboard and let's just see how it plays out most recently kevin o'leary, mr wonderful from shark tank. Most of you guys probably know him from that. He was saying his big sign of knowing when the market bought him in is a big player blows up a massive hedge fund, a massive institution, that's something that he looks for so. The s.

P. 500 is down 19 from its january 3rd record flirting with the 20 decline that would end the bull market and begin that began in march 2020. 20. That's the definition of a bear market.

This year's stock selloff now in its fifth month, has already gone on for far longer than the typical belt pullback recurring. Without a recession, many people are skeptical that the central bank will be able to keep raising rates without tipping the economy into a recession. I'm one of those people a period when stocks have typically fallen 30 back to 1929. So that's just the average percentage sell-off that we see during an economic recession.

The number in the sand is 30 percent. Investors continue to have a hefty chunk of their portfolios. In the stock market, bank of america said that the month with the private clients, at average, of 63 percent of their portfolios dedicated to stocks far more than the 2008 financial crisis when they had just 39. So, according to bank of america, the way they're interpreting this is too many.

People are still in the market, not enough people have gotten burned yet they're. Looking for less people to be involved in the market, and also if you look in terms of volatility, we did not see the same volatility when we had the spike of the recession in the early 2000s, the financial crisis in 2008, 2009 and the pandemic south. We are not yet at those volatility levels. Are we gon na get there? I don't know your guess is as good as mine, but there are some indications that there's still room to the downside in the overall markets, and this is applicable to equities and crypto, and i could argue this time around also bonds.

We still need to shake out the froth from the markets. Things are going to keep getting worse before they get better. So overall, i hold both of these thoughts. I think, in the very very short term, we're going to see some bullish action, but overall the medium term.

I think that trend is still to the downside now to really focus on something that we can actively use this week of why i'm leaning a little bit bullish. There are some things i want to get into. Last week we had some fed commentary and, if you've been listening to me at all, you know a lot of the market or my opinion on where the market is or isn't going is because of the fed. Recently, the fed has been extremely hawkish to battle inflation.

A side effect of that is, capital becomes more expensive and you see an exodus of money from the markets, i.e a sell-off, well, the fed everyone's kind of up-to-date, with what they're going to do. We know their quantitative tightening plan, that's very well laid out, and on top of it we know most likely. The next two fomc meetings are going to be a 50 bips rate increase. That's kind of settled in and they've even last week acknowledged that yeah eventually, when this quantitative tightening comes to an end, that they're gon na have to do some interest rate cuts, which would be pretty dovish and we'll most likely see the market pop.

So i think the whole fed situation everyone's kind of digested, what that is especially based on the commentary from last week now from a technical perspective, i think it's as simple as hey the market is extremely oversold, and even though i do think the medium term trend Is still to the downside, there is a sense of a mean reversion type of a play as in hey it's too extreme, as in we've sold off too much. It's not the craziest thing to see a rubber band effect where you come back for a brief period of time. Another reason on top of it look at the date we are in late may. Not only are we in late may we're coming into quadruple witching, which is in the middle of june, so we're looking at some serious monthly rebalancing from the big players.

Think of the massive massive players to the point that jp morgan last week put out a study that they believe anywhere from 34 to 56 billion dollars in mutual funds, will be rebalanced this week next week, i.e very very soon, which could lead to a massive redeployment Of capital back into the markets, because there's already been such a big percentage decline once again, quadruple witching, we're coming to the end of the month mutual funds, massive rebalancing, i.e, potentially money coming back in another reason, so that's another one for the flows, but i want To get into the 15 minutes of what happened the 15-minute chart here friday into close, we saw this massive push after we've been selling off and selling off and selling off. Why? I think this is so so incredibly important is we've been seeing it on unusual whales forever of just the options market has been dominated by the bears. Another way to put that is that the options market has a lot of, puts. Don't forget that the options market is a single dealer market in the equities market, yeah you're, most likely trading against market makers, but you theoretically could be trading against someone else in the options world.

It's not like that. It's a single dealer market, you're exclusively playing against the market makers because there have been so many puts bought. That means that these single dealers, these market makers, have been selling a lot of puts when they sell, puts and other people whoever it is me, you institutions, it doesn't really matter when those people are buying puts which recently, over the past two weeks, we've seen its Dominance around 60 to 65 percent of all options. That means that a lot of people are buying puts, which means they're selling a lot of puts, which means they need to hedge.

How do you, hedge? A put you sell stock? Well, because of this pop in friday, i think there's a lot of puts that were not going to be rolled, they weren't rolled, i don't think they're going to be rolled and because they're not going to be rolled. That means that these big players, the big market makers for options no longer have to have that head as in they no longer have to have that short, as in they're going to be cutting a short. So all of a sudden, i see various things going on. I see people digesting what, in the world's going on with the fed jp morgan's, predicting a big rebalancing, potentially billions and billions of dollars back into the market in terms of gamma in the world of options.

I'm seeing it where there could be a massive hedge position. Cut - and this particular hedge is a short which means cutting is short, so there's a couple things coming all together right now that i think we might might might might i don't know not a definitely not a financial advisor, definitely not a fortune teller, but i think We might actually be seeing what's referred to as a bear market rally. This is all my reasoning. Maybe i'm right, maybe i'm wrong, but it's one of these things that i alluded to before that it's just the overall argument of sentiment.

I think the market loves to screw over as many people as possible and now that we've gone extremely bearish. I think all these late bears are about to get screwed. Once again. This is a very short-term prediction and i'm going to let you know all my personal trades, whether in the options market, the futures market, all that stuff.

But i wanted to do my best to articulate what i see going on in the market right now, because i think it's actually kind of a crazy awesome opportunity, but clearly you're going to be knowing all my trades as they do occur. All right. Where are we in terms of energy oil? Remember i've been talking about that. Little thing that little ditty for a hot minute oil daily.

Here we are, i'm still telling you 115. We had this explosion. Overreaction came down. Support support support higher lows, we're getting a cup a handle, i'm watching this break out of 115 and a rip up to the mid 120s, potentially even 130.

watch energy and the catalyst of that could potentially be this. A firmer former excuse me, luca oyoba, said an eu ban on russian oil would bring the worst outcome for both sides. A former chief of russia's second biggest oil company said an eu ban on russia. Oil would be the most negative scenario for both sides.

It is impossible to replace such a major energy exporter as russia, even in the medium term, he said, building new infrastructure to redirect russian oil flowing to europe would take years. So basically, a lot of the world is extremely extremely dependent on russia for the petroleum products, particularly europe. So because of that, depending on this, especially if it goes quickly as in quicker than multiple years, it could lead to massive disruptions in the world of petroleum, global socks rally and the juan jumps after biden says he's weighing cutting tariffs on china. You know it's kind of interesting.

This was predicted before of like would biting go a little bit soft on china. Well, actually he might now, but in the short term, it's relating to um, potentially potentially some relief in the overall markets. Global stocks rose on money, uh surge after the u.s president joe biden said he's considering cutting tariffs, so is it confirmed no, but it could happen. I am considering it.

We did not impose any of those tariffs, they were imposed by the last administration and they're under consideration. So this is commentary that came out last week. So another thing that could really lead to a little bit of a relief after the market opens. I do want to talk about congress and insider trading some billionaire stuff, but before we get into all that, i just want you to know gamestop.

Officially the wallet is here: yes, you can download the beta, so they have an nfd wallet. They have a crypto wallet. I already have mine with my browser extension gamestop wallet. That's why you're seeing loop ring already up in pre-market trading right now and also gme up in pre-market among many other equities right now, uh now let me get a little bit more prepped on the day.

So gme up 1.34. If you want to take a look at loopering right here, loopering popping on this news. Also, don't forget that gme, which currently has a short interest of 25, and just for those of you who are curious. Amc currently has a short interest of 22.

This is something that we've known about for a fair amount of time and it's finally coming to fruition that we're seeing more of their movement in the world of crypto, and we expect their whole marketplace to come out by the end of july. So the gamestop nft wallet already good to go uh. We just saw that news and hang on. Let me switch this.

Let me put up the nasdaq and then let me put up gme over here just to see how people react to this news, but that's exciting stuff, especially if you're invested in gamestop uh, clearly just making new steps forward in the world of crypto. Now, like i said i am flat in the world of where are we? I need you guys to vote quickly market today. I need you to vote very, very quickly. Uh oops market today, red green vo vote, vote, vote, vote, vote, vote.

Um. Vote vote vote. I've obviously, given you guys my opinion of where i think see things going, but market open always typically has a crazy amount of volatility um. So you never know where it's going to go in the first couple minutes, especially on like monday after such a crazy friday.

So i think what would be very nice in terms of an opportunity, is a market open dip and then maybe trying to build a position into there and hoping for a bear market rally to the upside and then and if you end up being wrong. Well, since you already bought it on the dip, you can cut the position with more of a paper cut rather than blowing up your whole account that type of a deal. I am interested in terms of the options market, maybe getting a call on spx or tesla. I only have one more day, trade, the account i'll keep you kind of apprised of where that's at, but we started it last week currently up 50.

Obviously, i'm going to continue with that forward, uh continuing to call out all the trades and stuff my biggest concern with that is. We got to come up with something cool to do with all of that money, uh that we make on that account after the challenge. All right, we are at 9, 29.. Okay, you guys voted green, so at market open.

Let me just update the code to, i think, we're already green, all right we're going to go for 500 at market open. We are what are we at 40 seconds out uh? So you guys 64 of you said a green day. I'm gon na end this poll uh refer than my face. What does that mean? If you haven't already uh before that market opens? Could you guys help me out with the algorithm, destroy that like button on both youtube and rumble, and if you haven't already don't forget to join up with the moon game by hitting the subscribe button liking, subscribing obviously 100 free.

It just helps out with the algorithm in the background, and if you want to help me out even a little bit more show a little bit of love for the sponsors of our stream. Obviously, it's free. I try to always get as much free stuff for you guys as i can so this one. You can actually get some money.

All right order filled. Look at that look, mom no hands. I try to put it in for 500, but there's always a little bit of wonkiness between the movement of the two bars. So that's why i just wish it were.

That's what you get for volatility. That's what you get for volatility, so i guess instead of going for 500 we're going for 375. come on come on, give us our money. Give us our money come on.

Let's start off this monday with a little bit better of an attitude stock market. All right! We're going the wrong way, not cool at open, not cool, not cool, wrong way. Let's send it right back up we're going to start off it's positive vibes. Only we have our astronaut suit on you got to make the good money right out of the gate.

All right, we didn't make this one in minute number one most of the time you guys are on the ball and we make the money in the first like that very first minute, bar of the day uh. So i'm not saying you guys got it wrong, but you didn't get it right in the first 60 seconds, but it looks like we're about to get the pop come on. Give us that money give us order boom, bada bing, all right, you guys rocking. As always, we locked in 375., if i'm being honest, the options market opens at 6, 00 p.m et on a sunday night, and i was testing a code, so i made another 150 so thus far on like the way it considers a day session in your futures, Training on today we're up 498 dollars after fees, so bada bing bada boom.

We have that locked in now. Let's see what else is going on in the world gamestop, unfortunately, coming down a little bit, the s p 500, the q's coming down. This is what i was alluding to of, i wouldn't mind a sell-off actually to maybe a nice level of support and then trying our hands at maybe a little bit of a long position regardless uh. Where do we have actually very nice support? At 390., calm cool, collected, calm, cool collected, we'll see how today goes.

This is for those of you. This is a very difficult training environment. This isn't one of those things where you have like layups of trades high volatility, a lot of wonkiness. You have rugs in both direction.

You have bull traps, bear traps bulls, getting rugged, bears getting rugged everyone's getting rugged, so it's tough and really another way to interpret that would actually be. Maybe don't use such big size. Maybe don't use such an extreme amount of leverage, especially with these types of volatile moves like you, don't want to just get squeezed out of a play that could actually still be a good play. It just unfortunately, has gyrations and vagueries that move against you, but overall i agree with you guys and how you voted this morning, that i am feeling what in the world, i'm feeling a little bit bullish a little bit bullish, hey guys, ned got a new! Oh, this is important.

I have a little bit of drama to share with all of you. Obviously, you guys have met our new co-host ned. Well. You've also met our longtime co-host chair a couple days ago.

There was an incident chair, not emotionally handling. The change in our team ended up running full speed into the cabinet, and i think it was a clear assault on ned chair says the floor was slanted and he accidentally slid, and it was my fault. I think it was a little bit sus. It doesn't matter because the end result was chair in a usain bolt meets jj, manor, speared the cabinet and it actually knocked ned all the way off now, fortunately, ned being one bad ass, mofo handled it well, uh ned lost like one finger that i had to Replant this previously was not all the way down here, but the protective casing around ned ended breaking.

So we now have a new base for ned, so ned's still all good. We have these two in couples therapy just because i think there's a lot to go on and i they're going to be fine in the long run, but i think we're new. It's it's a new team member people, don't know where they do or don't stand so. Uh, you can understand the difficulties in it, but we have them in couples therapy.

Their first session is today everything will be a-okay, but yeah ned has a new dress on. So i just wanted to keep you guys apprised to what our two favorite financial advisors are up to cool cool, cool cool cool cool cool cool cool ned is going to die. Don't you say that team chair, joel f, ned shares the og uh man, man? Oh man, oh man, where are we at? Did we see our buying opportunity so right now, i'm completely flat. We locked in some money on the futures market, we locked in some money on oh hang on, but right now, i'm flat waiting waiting.

I'm waiting waiting, waiting, waiting, uh come on. Let's just start to see this pop. Let's get going everyone's waiting is now my time is now the time or is it not? The time is now the time tesla's still getting kind of beat up. Where is the tesla support at tesla? Support 640 would not mind.

Picking up some tesla at 6, 40. would not mind. Would not mine? Are we going to go shopping on discount a little bit today or is it a bull trap and my reasoning is 100 wrong? The world may never know you guys quite a bit of ned hate in here. Ned can eat my shorts team, chair ned is a diversity hire and chair isn't inclusive a lot of vicious net attacks going on here.

A lot of vicious net attacks waiting waiting waiting. Here's a good real-life example of why sitting on your hands for the first 15 30 minutes could potentially be a good idea. We locked in some of that upside gain. We got lucky because right now things are selling off gamestop people are not apparently that excited about the news.

Matt's fuzzy cactus 182 donated 20. You know at first i was a bit startled. However, i know you have been in a long-term thing or whatever how about? If market gets to 415 today, i donate that 500 to saint jude's last week of work. Why not? Let's do this? I, like it matt's fuzzy cactus.

If we hit 415 today i mean that's quite a bit of a reach, but hell. Why not when, in rome you know chair, live through fargate he's battle tested well, ned just lived through assault cabinet assault, thoughts on acx, steelmaker, ta, acx uh. What no crazy thoughts adrian acx is this spanish acx acx yeah. I think i'm on the right one um.

Looking kind of bullish kind of breakout, but it's a bit chasey a better opportunity, would have been in here just above 10. you're kind of chasing it now, but i do admit if you're already in the position the chart does look a little bit bullish. I like that i like that i like that i like that i'm just waiting for my opportunity to get in today come on come on, come on, come on patience, patience, patience, hold the line, hold the line. Let's add a little bit of a counter we're already over extended, let's open up the volume profile, the point of control is 393..

Oh brother, oh brother, oh brother, oh brother, we're selling this morning when, if where and where and when, and if are the dip buyers going to step in i mean everything, looks the exact same: the spy, the cues tesla gme. Everything is getting hit right now, patience, patience, patience, patience, patience, calm, cool collected, calm, cool collected, actually to ensure that i don't make a trade way too early. Let's answer some questions was. Was it an assault, though, did ned provoke chair by sticking up his thorns? No, it was ned was just kind of chilling, i don't know, there's no cameras in here.

It was tough, tough to say i don't want to pick sides. So i watched the big short last night and we have been helping matt with puts and reds lately yo. What a movie that is, a prick ned tried to get me to buy luna. Is this the dip eye? Folks is this: it is this it right here.

Are we witnessing it or is it just gon na get smacked, wait, patience, patience, patience, all right? Let's try! A little bit, let's pepper in with pepper in a trade buying one futures contract, is it going to? Let me uh order, filled order. Whoa. Did you guys hear that delay? I accidentally bought four holy. That's not good! I only wanted one i wanted.

You heard me. I said i wanted to pepper it in. I wanted to pepper it in. Why was there a delay? What do i do? Oh uh, i only wanted one contract and i have four.

I i hit the button too many man. Well, it's working i'm a little bit nervous, i'm actually a lot of it nervous that was crazy. Come on like i hope it goes up. If this goes against me, i'm gon na get margin called like in a freaking new york.

Second, oh! No! No! No! No! Should i just take the thousand and reevaluate my life, or am i gon na, be a greedy little pig and let it ah i'm gon na be a greedy little pig? No, that was so dumb. Let's go wean skirt queen skirt ned. What did you do? It's all right, folks, i forgot i'm an astronaut i have prepared for moments such as this. That was just bonkers.

You know you don't see that too often me accidentally making a mistake. Ah wait. I said i wanted to get into tesla too sorry everything all right. I'm looking at tesla may 27th, i'm looking at tesla may 27th we're looking at the what's tesla trading at right now: 6.

56.. All right! I'm looking at tesla six 685s they're trading at 1910. tesla they're trading at 18.80. I'm gon na buy three of these four of these four of these tesla 685s they're, currently trading at 1840.

Do i want that? Yes, i do tesla 685, four of them may 27th confirm and send. I think i got the fill i did i did. I did. I did i got the fill at tesla for contracts may 27th 685 and my price was 1895.

18.95. Let me update matt all right, all right, all right. All right, uh tesla position. Four tesla calls what was it um may 27th.

685 18. What was it 95 or 1890 each 1895 each each four tesla calls may 27 685. Okay, just posted that lady nb donated 10. I see a little silhouetto of a man scaramouche scaramouche.

Will you do the fandango, thunderbolt and lightning? Very very frightening me: galileo, galileo, galileo, galileo, galileo, figaro magnifico, looks like we have a queen fan in here. I love it. Thank you, lady mb, all right, so here's what everyone's hoping for today based on my positions and i have no idea what you are or aren't doing. We are looking for and fingers crossed for an amazing rip to the upside, we're all hoping for an amazing rip to the upside if you're not looking for an amazing rip to the upside, this is not the place for you to be, because we all want good Vibes, in fact, we're going to get the good vibes going today we're going to get the good vibes going.

We're going to the moon, screw kenny cause we're holding on forty life. Getting them tended so soon, don't be mistaken. The apes won't be shaking or breaking because we're going to the moon day very soon, gon na wake up on the moon brand new yacht and the mcdonald's in my living room, bright, yellow, lamborghini, 50 meter swimming pool champagne every day, fam. What you do wan na hang wan na chill.

Oh, you got imagine two. Oh that's right held them tight jack titties every night. We was in way back when they tried to chop it down to 10 and just couldn't come for him. Ace was strong until the end.

Now, let's retell it to tell they'd, be sweating had enough of these villains, but the eggs were rebelling cause we never be selling till we sent it to heaven. Now we be out of yelling, hey screw. You kenny bought my wife, a minivan to share with the boyfriend, but i pull up in the bench plate, saying olive crayons going on an airplane, don't think we'll be back again celebrating every day like it's your birthday or breaking, because we're going to the moon. Today's expectation probably more manipulation.

If you did, a creation of a crooked operation bought more while it was low, got more dips in trader joe's. Oh, you thought that we'd let go what the hell you take us for allah. We don't claim to be scholars. We, the smooth brain dummies and we never stood taller yeah.

We do this for love and we do this for our honor, a follower. 11 ain't, nothing on us. We, the planet of the apes anymore, as we trust m-o-a-s-s. Oh hell, yes, gon na, send it into space, go far up the jets done.

My dd call me out and john rocket man. This is the way gon na be girl, reunites ground control. To make your don't be mistaken, the apes won't be shaking or breaking because we're going to we're all right, all right, all right all right. Let's keep pushing, i need tesla at 668 and then 680..

I want it to stay above this point of control at 656. and then with the overall market. You can see that we just ran into resistance at 394, hoping for that to actually break through. Let's go, let's go.

The tesla position is currently break even son of a gun. It was up 10, but on the bright side, the futures position is up three grand all right. Let's just keep going come on. Tesla you're, the one that you're supposed to be the big money maker, don't be a little shy.

Guy, just go tesla just go rip it rip it rip it rip it tesla may 27th 685s. I bought four. I got them in at 1895.. The account's 15k will call them each 20 bucks, so i it was an 8 000 bet, which means i am way too over leveraged on both of my positions, but hey, that's what you guys pay for to be in this stream pay for someone to do something Stupid with their money and that's exactly what i'm doing come on break out and rip, let's just see a disgusting rip today, let's go let's go break out.

I need money, money, money money! You guys think these astronaut suits are cheap. Apple apple come on keep going. Let's see a bunch of green, let's see a bunch of green and fin viz. Today there we go there, we go.

Let's get more green, is crypto breaking out yet come on krypto you can lead the party bitcoin just break out. Do it give us our money? Give us our money, money, money, money, money, money, money, where's, tesla at tesla's being a little bit sus, it's up four percent right now: oh man, spy double rejected at this. What's the spy right here are the queues that import in resistance. The q's above 293 could get interesting, q's above 293.

cues above 293. I think sets up the queues going to 300. q's, currently trading at 291.70. So cues, oh here we go rip.

Dude rip, go, go, go, go, go, go, go, go, go, go, go, go! No! Tesla, just do it the spot you can tell it wants to just send it home, give it a little tap tap. Tabby a little tap tap. Tappy little tap tap. Tappy, go go, go, go! Do it just just.

Do it just do what everyone wants you to do anyway? Just explode dude. Why is tesla being a all right? We are way too, over leveraged in the futures market by a complete fat finger. Mistake that you guys heard me click the click. It was a little bit delayed.

I ended up getting four. I only wanted one thus far. It worked out for me, but that's up about four grand um what's interesting. Is i cared a lot about this level 3935 and what's interesting? Is i actually have on my technical analysis right here? You see my next level 4025.

I wonder if we're actually going to hit it, because i don't really see much stopping it before then. Of course, you could watch 4 000, which is a keen technical level, but if we can hold 3935, i think that's actually a really nice win, which is also roughly aligning with the point of control today on this volume profile uh. What is this high? 3955 uh? Oh uh, oh, should i have locked in my gains. Come on, let's just not dip today green bars, only no! No! No! No! The queue is getting rejected.

A dollar early. Don't you do this? No! Stop! Stop! Stop! No right at resistance! Are they going to do me dirty like this? Are they really a lot? I see some people rdbx. Can you stop spamming? It though, rdbx popping up 19 up 19 on rdbx watch seven dollars next uh watch that region 675 to seven dollars on rdbx wow that one's moving. Today i have no rdbx position.

Halton looks like we already have a volatility hall. It moved too far too fast. Tesla, don't you do this? Bro tesla, not cool man. Super super, not cool uh.

This is kind of the spy. This is like exactly where i wanted to hold basically 393, like 25 50., the overall market. If this is just a re-test of it and a bounce, that's obviously quite a bit of strength, because that was a breakout level ran into another level of resistance and it's re-testing. But what i don't like is individually tesla's getting smacked right now.

The spine, the q, is looking exactly exactly the same: tesla no pure selling for five minutes. Oh brother, oh brother, oh brother, oh brother, patience, patience, patience, patience, patience, patience. This rocket is supposed to act as support, but it's been doing anything but just bounce balance. How you're supposed to support what all these people, who hate, kids and teachers? All i can assume, is that they hate kids and teachers.

If they're selling right now rut all right, the sell-off has become a little bit dramatic, just a little bit of attention seeking. If you ask me, like hey, look at me, i'm selling off, please give me attention like that type of a thing like we get it man you're selling off jesus is that it is this bear market rally was that it from 9 40 to 9 50? Was it just a 12 minute bear market rally small cap sector getting hit? This is a load of dude teachers on summer break they'll, be fine all right. Let's get this bounce. Let's stop messing around here.

Why are so many people showing uh the future's play is literally at break even right here. This is the break-even level 392-25 tesla, i'm definitely down on. I don't even want to look at it right now until it bounces back so dramatic uh red box open back up, let's see if it gets another volatility hall watch that 675 to seven dollar area, damn red box coming up what a brutal! How long has it been not even that long? It feels like a freaking eternity, but from 9 53. This rejection at 394 has been a brutal one.

What's going on in the options market, are we missing something? Am i missing something uh it's bearish, but less bearish than it's been. Usually this is 60 65 right now we're coming in at 54.5, so we'll see how that moves throughout the day, iwm. Those are 88 days out. This is a big money.

One 1.4 mill uh once again: oh that's, 25 days out and amazon put for four days. Microsoft call call so we have 11 days out of some bullishness coming in well. There's 25 days for bearishness. Some tessa calls 3232 a spy, so nothing like well there's some uh, oh well.

I hate this. Am i about to get whipsawed. I just really thought we were gon na break through that there has to be like some sort of a bounce right. What brutal selling? No come on give us the intraday bounce bounce back up, do it that was gnarly holy, like perfectly undone buying buying buying selling selling selling all right.

Let's look at the spy here. Let's take this off, we are below the point of control dude. Is it going to come back to 385 and test this, i'm just looking for like a little bit of a pop just to get out, but this is just unadulterated selling just 10 minutes of pure pure selling. We didn't even get a bounce at the intraday low me that was stupid.

On my part, wow i mean if we throw up the keltner. This has to be so oversold, like yeah, like we're outside of these. I hate this. Damn it's still going holy they're trying to shake well, it's freaking working.

I just hate cutting a long position on the bottom side of the counter, because, like just the odds of it, coming back up into the volatility bands is so high, but obviously it's also not a hundred percent. So that comes down to risk management, and this is one of those things that if i wasn't clicking that button, like a madman, i would only have one contract right now and i could comfortably sit on it without worried about getting margin called. But the fact that i like spam, the buy button because i thought it was frozen and now that i have four when i only wanted one. Oh man, oh man, oh man, oh man, come on.

Let's get a little bit, let's get a bounce back, let's just rip it the other way, let's show everyone. What a bear market rally is all about. Just so, everyone knows in the futures world, roughly my positions around there and then very, very specifically in the futures world 3924.. So if you pull up the futures contract right here, yes, futures, travis thorne donated 10.

Please look at redbox, 140 percent s. I 300 ctb min um, so we've been redbox has been one that has been like discussed lately, and it definitely has the capability to do some crazy stuff, which is why we have it up right now, uh, because if you pull up the ortex data, the short Interest is 140 is on the threshold list. The cost to borrow average is 372 percent. Utilization is maxed out.

Shares on loan is 3 million, so it's like a lower float stock. This literally has everything like to define a pay like a powder keg explosion. Um, like i said, i called out the resistance of 675 to 7. It looks like it got rejected at 680., red box.

I mean i'm never ever going to be supportive of anyone chasing so like i'm not going to get into it now. But for those of you who already had a position like just ride the trend ride this wave, i have no idea where it's going to go. People try to call out levels of like, oh it could go here, could go there. Yadda yadda boring, boring, boring most likely wrong um.

I don't think when you're looking at high volatility like low float, squeeze plays price targets are silly. It's all about riding the trend to your best of your ability. So red box, like i said i think it's a powder keg uh. I won't be able to give a price target because that would just be like inappropriate and silly and a pure guess just ride the trend ride.

The trend. Look for a continuation of higher lows higher highs ride it ride it ride it, don't for don't be afraid to scale out that type of a deal lock in profits at major levels. Maybe leave a runner on like that type of a deal. Uh be careful just because i think it definitely halted once i don't know if it halted twice.

I think it's only halted once, but i wouldn't be surprised if it has like more halts and more insanity today, so maybe something worthwhile to watch. If you want something with high volatility, but i think if it if it can push 660 again, it might have a solid test of seven dollars, so it'll be interesting to watch. Obviously this is a big if but definitely fun to watch come on just start to rip spy go back up to 393.. Let's do a bear market rally, a crazy push.

Another crazy push, another crazy push, let's just trap it! No! No! No! No! No! No! No! No, don't give us a little small bounce that then just craters and sells off unless i'm short, you can do that. If i end up switching to short, how quickly this day went from high highs to low lows, both literally in the market and emotionally, and also in my p, l uh in the futures market, currently down 1.4 000 and the tesla trade is currently down. 24. Also known as 2000.

- oh man, this is, i don't really have a reasonable excuse for the futures market. I should have unloaded two of the four at this resistance. I mean i got a little ahead of myself when i saw my own levels marked out here on the futures contract. I was like oh okay, we're holding 3935, so i got like re like i started to see the dollar signs in my own head of riding.

It up to 4025., so that's greed. I got a little a little overzealous, a little excited um, but for tesla i have one day trade and i hate that about pattern day training. Is you start to question you're, like am i gon na burn this one? On my day, trade - and i think i didn't wasn't prepared to - because i was already so exuberant about the spy - and i just know - there's a decent correlation between the spy and tesla so they're a similar play, they're, not the exact same place. So i think i was uh.

My judgment was clouded by just bear market rally looking for a pop back up to 400 in the s p, 500 and then with tesla like i, since i wasn't really questioning the play, i knew i wasn't gon na burn. One of my day, trades on it me come on dude. This looks heavy come on, save yourself put in a higher low bounce back around dude, i'm just like i'm pulling out pure luck, we're going for a hail mary play. Now the queues look, heavy son of a roadblocks broke down, so be careful on that because it didn't hold the pattern of higher lows uh.

What is apple, doing is apple gon. Na save us, it might apple. Save us is amazon gon na save us? No! No! No, no amazon, not saving us all right. Let's not look at that because it makes me depressed all right come on.

Let's see the bear market rally, let's go, let's go. Let's get one of these bear market rallies, let's trap! All these bears we're, like ha ha ha the kid in the astronaut astronaut suit thought we were going down, but we're or thought we were going up. We're actually going down come on. Let's just hail mary play.

We have the astronaut suit on. We have the rockets on the chart it has to work. I just can't. I can't lose my faith in the process.

My dd's solid. I look the part we have the proper emojis up. It's all about good vibes. It's all about good vibes come on.