Oh, oh huh time, oh down so uh, i'm feeling a bit bearish and i think we should talk about that feeling a little bit bearish and we have a few things to go over that relate to that. So without further ado, let's get into the show team team team. Oh brother, oh brother, oh brother, oh brother, we have a lot of things to go over mucho thingos to go over and there's actually quite a bit happening today. This week, uh it's gon na, be another crazy week of volatility.

High insanity high octane fast and furious, like number 10 type of stuff, most likely occurring throughout this week. So let's get ready for it and then um. We have to get ready with the algorithm and all that good jazz, uh so much to go over so much to go over in so little of time, but i just wanted to make it explicitly clear of how i feel about the overall market. Um things are looking a little bit saucy oh wait before we get into that, though check this out.

I just want to point out that this suit, this outfit is actually very anatomically correct. Not only does it have the eyes and the ears, it also has a tail tail thing tail and it has pockets like most like most bears so very, very anatomically, correct ears, tail and pockets just want to throw that out there in case any of you were Curious just in case any of you were curious, all right. So with all that being said, no clue how my sponsors are going to react to this one, but hey don't forget to sign up for public help me out, because this could probably get them all pissed off at me. Sign up for publicpublic.com coors or you can enter the code matt and it's free to sign up.

Not only is it free to sign up you get up to 70 of free stock when you get rocking, with the account on top of that no payment for order flow, no market makers, and you get to see what i'm invested in and also your other friends Who are on the platform you can see? The stocks are in when they're buying, when they're selling, that type of stuff free to sign up. In fact, you get paid to sign up and create your account to get rockin, and you can trade with a little bit more confidence that you're not getting raked over the coals by payment for order flow. It is pinned to the top of chat. It's in the description of the video sign up, sign up, sign up sign up and with all that out of the way, obviously shout out to public for sponsoring this stream.

Now, let's talk about why i'm feeling a little bit - bearish dao, red s, p, red nasdaq, red oil red, but oil's actually been going up yields sky high 10 year yields actually shot all the way up to about 3.2 percent, so even bonds are getting decimated right Now and it's a no bueno, no bueno, no bueno but good thing. We're prepared because remember you can make money going both ways. In fact, you could probably arguably make more money on the downside, because there's higher volatility, so you get bigger, percentage, swings in a shorter period of time. So i don't want anyone to like panic, yeah.

Of course you can go on twitter. You can go on write. It you can go on youtube, you can go on rumble, you can go on twitch, you can go everywhere and you're gon na find, like the kind of fear-mongering of like d-day, like hide, hide, hide, not really. If you've, i hope, especially if you kind of got into the world of training and investing in that stuff through the whole ape with gamestop turning into amc, then the two of them like that whole, like saga, i hope over the past year and a half now You've learned more about okay, actively trading.

It's like one thing to learn about market structure and payment for order flow and what's happening in kind of this sus nefarious type stuff, that's happening with market makers and all that good jazz and really learning about market structure. But i feel like over the past year and a half a lot of people have learned about. Okay, like what really is shorting, what are call options, what are put options, what is the futures market? What's the crypto market, i hope that everyone's been learning a little bit more because it's environments like this that you can continue to make more money. Obviously, since january 5th of 2022, the play has been to the downside in the overall market and people who have really been paying attention to that and have been executing on it well have been making a lot a lot, a lot of money.

So what wait? I make a lot of money going both ways. What's your thinking face, did you guys hear that? Because i think i might have got it? I try to get the that to work shut out, chas d. I make a lot of money going both ways too. It's gon na be a fun day, it's so hard for me to like stay mature and like on the ball with the stuff that we have to be going over all right.

Let me try to get through this quickly. Putin ended his highly anticipated victory day speech without declaring war on ukraine, as western officials warn without declaring war on ukraine. So a little bit of a positive news, then you might be saying, but isn't that because he's getting his ass beat, why would he declare it when he's losing yeah, that's a fair point, but then also we got weird stuff from elon over the weekend. When he's like, hey, if i like mysteriously die like wink, wink nudge, nudge type of a thing so strange stuff, still going on, there, hackers replaced russian tv schedules during putin's victory day parade with anti-war message.

Saying the blood of ukrainians is on russian's hand. So crazy scenario, but shout out to those hackers i think they're doing the god's work u.s to impose new sanctions on russia, including a vow to phase out imports of russian oil and further crackdowns on state-controlled media and industrial trade. So right now there's a fair question of like maybe you don't want to bet against things and you're, just like okay, like well where's the alpha where's, the things that should go up. I was actually talking with, like my group about that.

This morning, the moon, gang group and a lot of us are the of opinion. Remember none of us financial advisors that a lot of right now, gold's not doing the best, which is commonly a safe haven. Investment we're seeing bonds are pretty weak. We're seeing usd is also not doing the best like we have inflation, even though the dxy is ripping right now it looks like the two things that people are really really focusing on.

Right now is number one energy. You can look at petroleum products. You can look at natural gas, that's either holding that was loud. What was that? How do i fix that? All right? That was a little bit? That was a little bit much.

I don't know what i did with the noise. My apologies anyway, energy, natural gas, crude oil. Those types of things are either holding or ripping, and then on the flip side, we've been talking about real estate now for the past like week or two, and if you don't want to go out and like buy an apartment or a house things like that on The market you could still look at what's referred to as reits r-e-i-t-s. It looks like real estate relative to a lot of other things is holding pretty well.

In fact, a lot of real estate is still going sky. High bill gates is in a new way, calling for another d-day bill gates, says: there's a strong argument: we're about to see a global economic slowdown. It seems like recently, if bill's in the news old, bilbo baggins here, it's he's either calling for a d-day either in more of the market or, if he's saying it with the virus, or it's just like more of the awkward commentary he had when he was being Asked about epstein uh, i don't know it feels like ever since his divorce, his his pr team, has not been doing the best, but anyway, let's dive into why old, bilbo here, not the most jolly about the market when it comes to the fate of the global Economy, bill gates is signing with the bears. The the bears gates was asked how he sees the war in ukraine affecting the global economy over the next few years.

Here's what he reset what he responded when he was talking to cnn yesterday on sunday, the 8th. It comes on top of the pandemic, where government debt levels were already very, very high, and there were already supply chain problems. It's likely to accelerate the inflationary problems that rich world economies have and force an increase in interest rates. That eventually will result in an economic slowdown.

I'm afraid the bears on this have a pretty strong argument that concerns me a lot. You know it's easy to kind of poke fun and, like obviously our boy elon has been doing that lately, but with this it's kind of hard to disagree with him, because in this scenario, yes, we have supply chain issues and on the supply side, the fed can't Control anything they can control demand and they're trying to lessen demand by raising interest rates. But then you have to look at what's going to go on in the economy. Is there going to be an economic downturn and some people who kind of know what they're talking about are saying yeah? This is something that you have to be not only prepared for, but strongly considering the s.

P 500 could fall. Another 28 before this historic sell-off is over and markets start bouncing again according to the bank of america. Now this is interesting because most banks and firms such as this they'd like to be a little bit more shy like they don't want to scare away customers or the general public, or anything like that. So to come out with this type of a headline i mean.

That's a noteworthy drop 28 percent. It's a little bit interesting, to say the least. Past performance no guide to future performance, but if we were today's bear market ends on october 19, 2022, with the s p at 3, 000 and the nasdaq at 10 000.. The s p 500 would need to fall an additional 28, while the nasdaq would have to drop an additional 18.

So those are large percentage sell-offs. I don't know if i would go personally to this extreme of the nature and to me that's more of like a medium to long-term type of a call out. I like to play it level to level every single day every single week, i'm like. What's the next level of support resistance, are we breaking down or breaking out, and then i play in the next tranche? If you want to do this, i guess that's more of a medium term thing of like okay, here's where we're going, i'm going to make this play and then i'll come back in a couple months to see if i'm right have at it.

That's just not particularly my style for right now, just because there's too much opportunity in the very short term in the long term, i'm still going to be a para parable. I mean it that's markets in the long term, as we go down more and more and more there's a very fair argument that hey that's just your opportunity to dollar cost average. Are you most likely gon na bottom ticket? No, i wouldn't focus on that. It's just when you see a nice discount on the either the equities, the crypto that you like your dollar cost average and if it's a long term, great you're coming back in a couple decades anyway.

But you still need to know. What's going on to maybe better time your dollar cost average right now, i'm not doing any dcaa in my long-term account, at least not yet i'm looking for a little bit more downside. China's slowdown means there's no way beijing will hit its growth targets, so don't rely on it to cushion the world against recession according to some fancy-schmancy economists. So it's not just in the u.s, it's not just in europe, but we're also seeing indonesia that right now we are seeing an economic town in turn we're seeing rising interest rates.

I don't think we're really through the gauntlet. Quite yet, but obviously every rain every rainstorm is gon na eventually end. So there's there's just not a time. There's no need to panic.

I honestly think it's a bit silly and i think it's easy for mainstream media and headlines like this to get a little bit of that fear-mongering, because it's the emotional pull i mean you even see it on youtube. I mean hell. I participate in it because it's how you get people to click, but at the end of the day, you should feel confident in your skill set that you could play in either direction and understand that right now just know what the trend is: the name of the Game when it comes to the markets, is you make money knowing the appropriate trend if you're fighting the trend, you're gon na get chopped up, you're gon na lose money right now, it's as simple as this, the trends to the downside. As soon as we see some bottoming signals cool, you take your money and you switch to the other side.

I think if you boil it down to just that easy of an argument, you'll feel more comfortable and you'll. Take some of the emotion out of whatever your decisions are to quickly follow up on a story that we covered last week about some of the stocks getting deleted off the u.s market. And this was all in reference to chinese-based companies who weren't really quite up to the auditing standards. Well, we have a new chapter in that saga.

U.S regulators, reportedly, are in china for talks about corporate audits as more than 100 companies face stock d listings. So there's a very fair chance that they actually don't get de-listed, and this is what you need to know. U.S accounting regulators are in china to settle a dispute over the auditing of u.s listed chinese companies with an agreement needed to prevent stock de-listings. So, even though they're meeting this week, they really do have all the way up until 2024 to get it squared away.

So, what's going on right now, is you have many of these chinese companies who are trading on a u.s exchange, but they don't have the high level of rigor of auditing that u.s based companies do, and the reasoning for this is a lot of the chinese government Officials are just saying: hey, like you might be, giving away state secrets, so we're just not going to do it well now the sec is playing a little bit of hardball and they're, saying hey. If you're going to be on our exchange, you have to stay with our really auditing practices. So we don't get another luck in coffee officials from the u.s public company, accounting oversight board or the pcaob. I mean they need to think of a better acronym.

That's just boring and their counterparts at the china securities regulatory commission, the csrc, are in the late stage of talks after china made concessions in recent months. According to sources, discussions between the countries move forward after authorities in beijing loosen their stance on u.s auditors gaining access to the financials of chinese companies. The auditing dispute has been running for more than a decade. This isn't really a new thing.

Yes, it picked up a bit of momentum when trump was president, and now it kind of went quiet, but now it's once again picking up, but it i think they will fix all these issues. I actually think the risk isn't that high of them being de-listed. I think they're just saying: okay, it's more of a financial play and we're just gon na do the auditing that we need to do. But if it breaks in what i think is the least likely way it could impact up to currently 128 chinese companies.

And if you want to see this list, you can search the holding foreign companies accountable act, the hfcaa on the sec's website, and you can see the entire list right here of the companies that are potentially on the chopping block. Are they on the top chopping block? Yes, but i think the odds of them getting axed are low because they have all the way up until 2024 to do what they need to to make the sec happy. So just a quick update on this whole stocks, getting murked off the u.s exchange. Let's talk a little bit about amc, so today is monday.

May the 9th and amc will be reporting its most recent quarter after the market closes. Today, i will be streaming that so if you want to listen to adam aaron and the rest of the leadership team and see what's going on in the world of movies, be there it's at 5 00 p.m. Et uh, it actually might be at 5. 30..

Let me just double check that it is in seven and a half hours that doesn't make sense to me. What time does it actually start 5 pm to 6 pm, gmt. 5 p.m, to 6 p.m, gmt all right! So i have that up we'll be streaming. It it'll be its own stand-alone stream, but a little bit of positive news as we head into it.

Doctor, strange sequel, summons 185 million at north american box office. The latest marvel epic knots, the second largest domestic debut of the rhona era and the 11th highest opening. In hollywood, history, those are some impressive numbers. Fortunately, i was able to get a ticket and i saw it yesterday.

I thought it was good. It wasn't my favorite marvel movie, i would say it's in the top half, but i don't think it was in like my top three, it was a good movie a little bit of a different vibe for those of you, who've seen all the marvel movies. It was well done good, acting um, not my favorite, i wouldn't say top three, but i would say it was in the top half so shout out to everyone who said i don't want to give like away any spoilers or anything like that, but it was pretty Cool and obviously, according to the numbers, it was very, very well received. Let's talk a little bit more about amc, gme, the apes, the ape movement day trader army loses all the money it made in the meme stock era.

According to bloomberg, diamond hands, mentality, fuels dip, buying and now faces a test capitulation from the crowd may help signal a market bottom nursing losses in 2022 that are worse than the rest of the markets. Amateur investors who jumped in when the lockdown began have given back all of their once prodigious gains. That's a good sc to sat word of the day. Now have some people given back all their gains? Yes, but i would argue not all because i think, even though they're calling it amateur investors just because they're, not professionals like it's, not their professional job, i think there's actually some standout stories of investors amateur investors as they refer to it, who, over the past year And half have learned about the market and i would be willing to bet that a lot of them are still diamond handing their amc and gme and maybe in the same line as me.

Think of that, as a symbolic investment in the fight for market transparency and fairness, but in doing so have also learned about the other aspects of the market and are currently net profitable because they learned that they could play the market to the downside diamond handing their Amc and gme, or whatever else, is their core investment that they like, but in the meantime, looking for either the overall market or companies that they don't really necessarily agree with, might think they have a high evaluation and right now are net profitable. Even though they're still in their what this article would say of their diamond handed position, what i don't like about this is the way they're splicing. The data it makes it seems like amateur investors, are a complete monolith and everyone has gone in are exclusively in amc and gme and pretend that nothing else in the market exists whatsoever, and just from i guess my own anecdotal evidence, i don't think that's true at All i think so many people are learning way more about not only the equities market, but also the crypto market and are becoming better at playing it now still sitting in a net positive position like i said, i think this is an unfair way to break down The data, a lot of these guys started training right around covid, so their only investing experience was whacked out fed field markets. That's fair, basically, from march of what was that 2020 going forward, like you just had the fed putting almost nine trillion dollars in, they were backstopping everything, and that's why we saw just such a crazy, crazy rip to the high heavens that all changed when the fed Pivoted in november, but they didn't realize that, because they've never seen a market that wasn't supported by the fed, the results have been horrific.

Now this, in my like, i guess, active trading career, is the first time that i've seen a massive switch from quantitative easing to quantitative tightening i'm in no way saying. Oh i've lived through this all before i know. What's going on. No, like i have the ability to read about what happened historically, but i do think there's a fair argument that it's a bit different to live it in real time but understand on january 5th of 2022 everything changed when it came out that hey not only are We not going to be buying anymore, we're going to be undoing it, we're switching from quantitative easing to quantitative tightening and this the tldr.

This is why you don't fight the fed now. Obviously, this will eventually end. That's just they're not going to continue to be so hawkish they're not going to continue to be doing their balance sheet normalization, their balance sheet runoff that ends, but right now it is what we're dealing with and the name of the game is identify the trend and The way this is particularly speaking about retail traders, apes, amateur investors as they talk about it. I think it's a little bit belittling because there's a lot of people who are just doing it for themselves who are crushing it right now because of how much they have learned coming back to this monolith thing, i just don't think it's right and they even throw It out there that they're, like hey the crowd's, a bit crazy.

Maybe you shouldn't discount them. Could the diy crowd bounce back? Yes, people have been foretelling the death of the 2020 vintage retail investors since the moment they surfaced. Past reports of their demise were exaggerated. Armed with zero commission training accounts, individual investors have managed to will their favorite socks back from the brink of multiple times and may be able to do it again.

So even the author of this article is saying: hey the one thing we've seen in the past. Is you cannot appropriately or accurately predict what the day trading army is going to end up, doing which i think that's actually in this article, a pretty level head view and opinion of what's going on with the retail training uh revolution? Let me get out of this. How much time are we? I have seven minutes to pull it all together. Seven minutes all right, you know doctor strange crush it.

Amc reporting after the market closes today. Speaking of amc short interest, the same it's been over the past month and really nothing else has changed that much in terms of gme same thing has not changed much over the past month. Short interest consistently sitting at 20. I want to talk a little bit about this because i saw some people on twitter talking about like well hang on.

How is it staying that consistent if we're seeing the short volume, sometimes being like super high numbers, i'll explain that in a bit um, but i wanted to cover that in terms of things that have nothing to do with the market. Uh, no one on locals actually got this right. Long shot, rich strike, wins 148th, kentucky derby, very, very cool story, so this was the second biggest upset the kentucky derby's ever seen. The horse was announced to be in the race the day before, and it was an 80-1 long shot and ended up winning.

I would love to know if anyone in here right now ended up picking rich strike because uh that would just be like wickedly cool super super cool. If that actually uh happened, that would be insane insane insane insane. We're gon na talk about crypto in just a bit right now, the market i mean here's where we are. We actually have to talk about more specifically today of what's going on.

Ah, it's it's a tough day, as you can tell i'm feeling bearish on the overall market, but there are also two upside gap fills. Usually you just see in the spy spy, but today you're also seeing it in the futures market. There is an upside gap fill to 410.. Could this get filled today, 100, but it's tough because i'm feeling a bit bearish and what i would rather see is like okay, it runs up to this and then you kind of hammer it.

If you're of my same mindset that this, like all these pops are more of just like bear market pushes that ended up just getting sold off anyway, this doesn't have to get filled today. There's some people who are definitely very nervous about. What's going on in the market, we have some articles that i could share with you that the big players - big banks, pension funds - are actually net sellers right now. So it's a tough one because i understand the odds of a gap-fill play, but then all this other data i'm seeing is on the bearish side.

So i just want to call out that in the s p futures market, we have a gap to the upside and then obviously in the spy. We also do all the way up to 4 10 45, which is also just a key level that we've been paying attention to well. Actually, the gap hang on. Excuse me, one second, the gap, let me get rid of all this.

The gap on the spy is only to 405.46 and let me just double check it, because i want to give it to you on the daily so scratch what i just said very, very quickly, actually no gap. That's still a that's still the gap, though, on the futures it's this, and this doesn't happen. Often that's why it's sounding a little bit different than what we normally talk about. But right here you have this obvious gap from you have a gap, basically from 4 100 to 4 110.

good morning, panda amc earnings have been followed by a down day over the past year, but this time it feels different. Thank you for all you do. I wonder how i switched this voice. Uh camille.

I appreciate that i did the amc right now. I know some people are speaking about this concept of negative beta. It's not negative beta. Well, it is negative beta, but that's for a very specific time frame and i think it's a misunderstanding, amc and gme and really any individual equity, especially with these ones that have like mass exposure like let's talk about the s p 500, any of those individual ones.

If the market is selling off, it's going to be very, very difficult, not impossible, but very difficult for an individual equity to rip. It's just you're running into very, very serious headwinds, very, very serious headwinds. So, right now for amc and jimmy to really go to the upside one of two things needs to happen. There needs to be a specialty announcement that causes it to buck the trend of the overall market, or you just need the overall market to start to like, like basically bottom and start to go back to the upside, and you need to see an influx of money To the overall system, whether it's equities or crypto um, i think in this scenario - and this is something we covered in more detail when we talk about crypto, i think crypto will be actually the thing that bounces first, but we could talk more about that after market Open speaking of market open, here's, the dealio from the hive mine trades on friday uh, they ended up closing in the middle of the night, because the market opens sunday night and goes into monday uh, so they ended up closing for a profit um.

There was two positions: one was 400, the other was 1900.. Then i messed up some code and i was trying to get code ready for today to work on some scaling out features and it ended up going short again. So once again, it just ended up repeating that position, so we're currently short two lots on the spy so really for market open or and we'll because of the time we'll just delay this by, like i don't know five minutes or something uh, we're already short on The hive mind the question to you: is either double down or not double down. Question mark! Yes, no all right! That poll is up and then, if you're over here on rumble, i'm seeing what you guys are up to uh.

You can comment either just double down or don't double down and we'll kind of put these together and we'll figure out what in the worlds actually happening. But the bell is about to go diggity ding, ding ding and i am excited all right and then let's alert box oops did not mean to do that. Ah i'll figure, this out later, i'm just ready to be a bear. All right, you guys, are very aggressive about this whole double down concept.

I wonder what the margin is. I wonder what the margin is. Someone said double down at 10. Well, ding, any the market is open.

The market is open all right. Well, it is coming in at a resounding yes already, which actually kind of scares me because, like what, if there's just a market, poppet open what, if there's a market pop? Well, let's throw up amc because they're going to have their earnings today. So we have amc up. We have volatility over here volatility: oh, it's already: red red red, red, red, red, red, red, red, red, red red red out of the gate, golly golly golly.

All right, you guys said double down the hive. Mind has never led me astray. Has never let me i just don't know they might have increased the margin requirements you never know. I am a bit afraid of this running up to 4100 and someone did have a good suggestion of waiting those first, how many ever minutes solid suggestion, patience, patience, patience.

I i'm just very worried about this gap. Phil the gap fills all the way up to 4110, very worried about that all right. Well, while we're letting things play out a little bit. This is a great time uh for your questions, amc down.

2.5. I would love to see some enthusiasm and excitement heading into their earnings. The queue is popping a little bit just to get an idea of where the gap fill would be just if you're trying to connect the spy and the es uh, it would be around 410. Roughly roughly roughly roughly, this is a good concept.

Prague is now b-i-o-r. Okay, they went through with the name change. Remember that really wasn't any fundamental shift to it. It was literally just a name change, so if you're in prague uh now it's b-i-o-r.

So if you look in your account, it's gon na probably look like you have a new investment, even though you don't all right is this about to get hit. Let's see if it lets me sell order rejected no, oh, they they turned up the margin, even more whoa, so even the brokerages are noticing something scary is going on. You know something's crazy, when the brokerages are like all right team, uh yeah we're not gon na. Let you do it.

That's ridiculous, yeah, the spy. Remember 404 is a massive level. Here's the way. I would look at it if you're looking at the overall market and then you could apply this to apple microsoft, tesla, whatever you want a lot of it is going to follow.

Oh now, this is frozen on me. A lot of it is going to follow. Can i save this right here i've last week we were talking about that 404 to 405 level. This is a key support if it does not hold we're, then talking about 400, but once again, that's a big.

If you have to see the breakdown of 404 to 405. man, oh man, i mean we're. Looking at a gap, fill a dot bottom side gap fill to technically 467. 404 watch for basically the snap of that it could bounce off of 404 we're getting very, very close or, if it capitulates through then we're talking 400.

I think that's legitimately the play of the day paying attention paying attention. Volatility is picking up we're seeing things just getting marked right now, tesla at 422, we're watching this 400. and the i'm so pissed off about this coding strategy. Like the the code that's used on tradestation, the name of the coding language is called easy language and it's anything, but i mean i've coded for years.

That's what i studied in college and it is the most pain in the ass coding language and it just sometimes makes absolutely no sense. And yesterday i was watching the formula one race trying to improve the code for all of us, because what my goal was was to give you guys the option to um scale in and scale out. So if we took multiple contracts, maybe like the first one has a profit target of this. The second one has a profit target of this and like so on and so forth type of a deal, and when i was doing that, i thought i had it all coded up, but no, no, no, no, no! No! No! No, no, no, no, no um and obviously tradestation jacked up their margin requirements already this morning, they're requiring a hundred percent.

So there's no day trading rate right now, which is just telling you that they're as a brokerage, they're, anticipating crazy volatility. For that to happen roadblock or roblox, or what is, is this that red box thing red box, entertainment, definitely a short squeeze candidate, but to me it's run into volume exhaustion. I think there's a unless this can quickly push above seven again and it's trading at 634. So it's within striking distance, but unless it can push above seven again, there's a chance that this play might be done.

Remember don't get too greedy. I mean think about the percentage that this thing ran. It could totally pop again, but it doesn't have to uh. I think there's too much of this diamond handed concept being applied too easily to a lot of things in the market.

I have diamond handed my long-term positions because they're long-term and then in terms of not long-term, i think amc and gme my mind are a specialty, but other than that, like not everything you're in should be a long-term diamond-handed play. That's just not how the market works and redbox. I don't know how high it will go. It might just be 11 that we hit recently, or maybe it has more whatever it is, but eventually this trend will end and it's going to come plummeting back down.

It's just there's um, i guess maybe a better way to say it is too many people are applying the amc and gme thought process and mantra to things in the market, whether crypto or equities, that they should not be doing. I see some people calling out bbig how's that one doing remember, may 18th is the kryptide dividend for this one um good chance that it's going to be a buy the room or sell the news type of other thing, uh dd for rdbx, looks like you could See another push of the shorts have dug in deeper, but just because shorts have dug in deeper doesn't mean that it's going to see another push. I mean redbot, who uses redbox anymore, like i thought that i was surprised. It wasn't even an actively traded company, very legitimately when people brought it up.

I was like um they're. I just don't know what the silver lining in the argument like. I don't think it could have a fundamental argument because, like who in the world uses redbox right now, it's just everyone does streaming or movies or whatever, but like who's renting a dvd. I just don't see it coming out with the streaming service.

That's a bit different, but then we have to see the streaming per like service. How many users do they get? Is there a decent revenue per person? So if they pivot the company, i could understand that, but it needs to come to fruition like we need to see it streaming. I like streaming way more than i like dvd rental. Do you think if amc price gets low enough, a big short player will cover and finally get out, and that will start a chain reaction, uh very, very possible, very, very viable.

It just depends on like how big is the player? Are they going to do it all at once, or are they going to do it kind of like a slow drop methodology where it's not putting that much pressure on other shorts? It depends on the person. I i don't think anyone could like accurately predict that uh. Some people are calling out ater aeter, eter, eter eter. The fact that it's below 5 30 makes me not like it below 5 30.

I would be bearish above 5 30. I would be bullish, uh ater, if it breaks through four. I think this thing is just gon na crumble. Ater is not looking healthy right now, varuru, i'm still betting against varu uh.

I have what 11 days left. I just need varuru to continue to crater we've been betting against it. We were a little bit early, which upsets me and but other than that i mean in a weird way, veru and ater kind of look similar. Let me load up this chart if it a little bit low, uh a lot of similarities in these two charts, a term viru, just something to point out for all the chart, technicians in here all the chart, technicians.

All right. Let me get to some of your questions: uh, don't know what that means. Travis such a steal - and i found a neighborhood with like 672's in it, a blazer that is clean and look moved in 10 years. What do we have? Dallas is clean.

I've been to dallas a couple times well technically plano and i really enjoyed it. Uh aider has a gap to 382 j bin georgia. I think that's what the ga in your name stands for. Uh be careful a lot of whip, a lot of whipsaw a lot of volatility today, you're gon na expect, whatever your position is probably beneficial to have a bit of a larger risk tolerance today, so you might want to scale down your bet size lots of whipsaw Lots and lots of whipsaw today uh ron caster donated five dollars.

Redbox already has streaming. I never go to a red box, but rent streamed movies from them. Often interesting. Thank you ron pm ta on jpm jpm um.

I guess for redbox. I would want to dive into their numbers like how big are they are they that popular? I just assume like that. There's other services that are even more popular um, but you know if they have impressive user growth if they have good movies. Uh, probably something to consider - i don't know i'll dive into it.

Um on jpm. I would be watching the support of 118 and, if that doesn't hold, i would be watching there's a gap filled to 105.10, but then there's also additional support at the top of the gap of. Why is this not working - and this is all from november of 2020, 118, 110 and then 105 are the levels to watch on jpm in terms of the upside of where you might get excited that, like maybe the pain is over um, i would be watching 126 Ish and then maybe 130. obviously clearly you're in a downtrend right now.

So maybe you actually want to look for a trend reversal somewhere along the lines of this. You can watch that downtrend. That's the quick and dirty ta on jpm all right. What's the market doing bbig still going up ater coming down ater uh gap phil someone called that 389.

donated 9.99 thoughts on uv y? U v x y uh! Well, this will just move inversely to the s p 500. So if the s p 500 sells off? U v x y will pop: u v x y. This is a measure of volatility. This is based on the vix v.

I x, vix is literally the volatility of the s p 500, and then you could trade things like uv xy vxx. Regardless it's going to move inversely to the spy, so if the spy dumps uv xy vixx vxx, they will all go sky high um for me, like i said i am bearish with a little bit of a caveat of. I think that the spy 100 there is a gap to the upside in the futures market. Thanks for the birthday bear suit.

Brother duck looks great on you, love from the mg discord aka, not the mod basement. What's going out going on fuzzy g, i appreciate it. Uh i want to try to switch up uh. Can i switch the voice to something more exhilarating? Hang on.

Let me switch. Do open text to speech all right. I think we saved it to a better one. I think we saved it too yeah.

It should be on icelandic now. Instead, we don't need english people anymore. We're trying to learn we're going to be a real life like rosetta, stone, you're going to be learning icelandic from here on out rumble is the new youtube uh. It's been more fun talking about trucks than looking at the red.

I have no control over, in my account uh right now, quite a bit of chop, as you can tell. We have this key level at 406, but right now we're just bouncing really 404 to 405., like the name of the game is, are we going to hold 404 or are we going to snap through it and then take a quick nose dive to 400 ater? Getting its face slapped pretty hard gme is as well jamie's down. Seven percent netflix is somehow one of the few green things on the day, nflx in a very strange surprising turn of events, a green netflix. You don't see that often you don't see that often in an environment like this, the market is coiling for some sort of big move.

I just don't know. Obviously, if i knew it was the upside of the downside, we would all be very, very wealthy people, but uh patients will pay. You have to be calm and understand. Okay, is it going to push 406 again and then are we going to get the pop to the gap bill at 410, or is it going to break below 404 and are we going to plummet to 400 matt if price of amc keeps dropping, will the shorts Not eventually cover and the whole squeeze will fade.

I mean they have to cover like remember like they just can't hold this until they die like they're they're, paying a borrow fee, you can't there would be for them to ever actually make money. They have to cover a position uh for them; they have, they have to close it. It's just that's. This isn't one of those things that they could just swing indefinitely.

What is the prog taker? I believe it is b i r o b, i o r b. I r i thought it was b. I r o nope b-r-i-o-b-i-r-b-r. It's something like this.

Can this one b-i-o-r b-i-o-r here it is b-i-o-r uh the spy breaking down team, breaking down team, breaking down breaking down uh and just to show you the current update. Where are we over here? So this right here, this position at four thousand and thirty, three, fifty that was the mess up encoding but remember the trades on friday they were locked in for like two thousand three hundred in profit, so friday's trades were good. This was a coding mess up that i'm about to be break even on um. So just watching this we're trading at 4041., the entry is 4033..

Let me make this bigger. I'm always trying to understand that a lot of you are on mobile. How many of you are on mobile? Can you comment mobile, especially i'm curious on rumble and youtube? Well, also: twitch uh. Can you just comment mobile if you're watching this mobily, if you're watching this on your computer almost break? Even i guess do we take the money here or do we let it ride? It technically is a breakdown, oh feeling, a bit bearish all right.

We broke 404, not an official breakdown. Yet remember you want to trade wow, so many mobile viewers, okay, so to my mobile viewers, um home office travis. So to all my mobile viewers. Are things big enough like? I always want to be conscious that my because there's so many mobile viewers um are things big enough for you or is it like? Are you like squinting like? Do you not want that? Like does that help, or is this okay or help me help? You is what i'm basically trying to say: mobile mobile mobile dallas, jackman and travis have an office no too small.

Most of the time my wife says no size doesn't matter. I just listen. Mobile plenty size doesn't matter speaking of size. Oh okay, everyone throw out your best guess.

How much do you think i weigh and if you're looking for a visual? Well, you saw me this is what i look like right now. Here's the side view here's the other side, because i recently found out my weight and it was a freaking surprise. Oh oh, some of you guys are actually really close already. How did you guys know wait what the hell do? I just look like a fat ass.

You guys are oddly accurate. I i weighed myself for the first time in like a year and actually i know i'm awesome, i went indoor skydiving and when you go indoor skydiving, they weigh you and i they're like get on the scale, and i was like okay and i was like i'm Coming in like low 170., you know like i'm a bear in hibernation like i thought it was gon na be a little high, so i was like i'm gon na be like 172 173, and then i weighed myself and that scale this lying piece of scale said. I weigh 188 pounds 188 point something so we might as well round up to 189. I am a fat little panda bear like i thought it was getting thick, but, like thickness is consuming me team, it's not it's not pretty.

It is not pretty whatsoever. Your boy hit hibernation a little bit too hard a little bit too hard. Ah, but yeah i don't know, i didn't think i looked that big and then many of you were within five pounds of your guess. So i guess i guess it's just me.

I guess i was just the only one who had to warp perception. I was like oh no, like you're you're healthy, like whatever no big deal uh, but you guys are seeing me on camera. How tall are you i'm 5, 10. uh, and what that means? Is your solid 240 stop playing, but we're going to be learning a little bit more icelandic in here thickness is a way of life.

I think i should just commit to it and see how much more thick i can get you're just big boned. I appreciate that. I'm a sad panda, a big bone, sad panda, the icelandic might be a little bit hard for most of us to understand all right, we're trying. We have a new language.

Now you have a heavy brain mat you're top heavy. I appreciate that matt is literally my size. Well, a tad shorter. All right.

I guess it's just pick on matt day just pick on matt day uh. Are we gon na recapture 404? This is the key level team team team team team team, big pop big papa rooney ooh tesla's, actually waking up tesla putting in a nice high or low cup and handle watch watch tesla at 8, 42. tesla might be doing something might be doing something gamestop systematically Selling off amc also just systematically selling off amc down 4.8 percent gme down 7.7. Are we gambling today at all? Yes, they increase margin requirements, so i mean there's a position live right now, that's short against the overall market, but right when we got here, we were almost break even almost break even and we were just getting whipped around.

Who knows anymore. I feel like this is all just made up: none of it's real none of it's real, so the smp5 or the spy filled that gap from the opening price to the low on friday of 405.73. So we took care of that pretty quickly, but the futures market still does have a gap in it for all of those of you who are curious, these are just it's going to be it's a tough trading environment right here, because right i mean we broke the Key support at 404, but then, obviously there was enough buyers there, a little bit of dip buying, pushing it back up um. This is a difficult trading environment, to say the least, so much whipsaw so much whipsaw.

The fact that in all this netflix is the green one, look at that, just a super healthy, two and a half dollar rip in four minutes completely under control. I, for one, am happy that we have the fed just ensuring price stability. What's the dollar doing e-trade charged me 38 reorg fee for draftking, i'm down 67, and now this charge they suck wait. What the hell is a reorg fee vanessa stuller donated 10 trade charged me 38 real fee for dkng, i'm down 67, and now this charge they suck well.

I would get on the phone with e-trade and i would them out. I know your name is vanessa, but you might want to consider going full cairn on them a re-org fee. I've probably paid it in the past, but it must have just never like really stood out to me. Matt have you ever participated in furry events? Slash convention? No um and i don't like i - don't really give a if people are furries or not it's just not really my cup of tea.

I find it a little strange, if i'm being honest but hey. If that's, what people want to do, if that's, what makes them happy have at it? What do they organize? It sounds like they organize losses with a reorg. Your broker charge is a mandatory reorganization fee when there is a reverse stock split or a mandatory cash merger. Yeah, i've definitely had to pay that in the past then definitely had to pay that a fat little panda furry uh, i'm just a what's it we're a pico influencer we're all pico influencers in here you have influence either over your family or your friends, but now, Like now that we know a little bit more about pico, i think we're just a little pico thick too a little too a little too thick all right.

I need this market to come down to make this money. The trade is currently down. 2.2. 000..

A fake out, well, it looks like we've had a fake out a fake out. We've had three fake outs thus far today in the spy. That's what i'm saying it's a tough trading day like even look at tesla. That was a brutal fake out.

Let's, let's play the game map all the freaking fake outs that we've seen uh this one fake out number one fake out: number two fake out number: three: it's just it's brutal whipsaw! This is what i was saying before the market open of you might want to be playing with less size, so you can handle these giant gyrations ruger is my only green stock right now i mean even the dominant netflix isn't holding on netflix about to go red And three nope: 16 cents, three cents red wow, brutal, brutal, brutal, brutal brutal, brutal matt, lay down on the floor, so we can have a bear rug, all right anything whoa, whoa, well, hello, dolly parton, holy guacamole batman. Look at that wall of spy puts for 11 days out. They are murking murking the spy we're talking about may 20th 11 days out, uh the premium total we're talking about millions of dollars, and this is the follow up on what we saw last week. We're just continually seeing these walls, i mean the premium is burrish burst, burst, burst.

Some amazon calls coming in some people 25 days out bullish on amazon, a q put a spy put a tesla put three q puts more amazon, calls more spy, puts more distance out, though uh iwm puts coming in we're, seeing a continuation of what we saw in The latter half of last week of just the options market being bearish uh. But just i want to call out that time frame for all of you of uh. The spy puts that first wall that we saw 11 days out so they're not really saying a day. Trade um they're, basically calling out the may monthlies matt, never forget that boy is thick kind of dying off right now, interesante, it's a sea of red, a sea of red.

Where is rauru? That's a question i wish rico is in here or raoul. I mean i'll. Even take one of the dakotas at this point to make us feel better: coinbase, palantir uh, i know coin had its earnings or it's about to have its earnings tomorrow, coinbase well coin, as much as crypto is coming down, coinbase is going to drop as well. It coinbase a lot of their revenue is coming from transaction fees and less people are trading and the transaction fees are less since the price of btc east and all this stuff is getting beat up.

I mean this is bitcoin. We're at 33.. Bitcoin is looking rough in the short term, we're at this support if this snaps the next stop is in the realm of 30., if bitcoin does not catch itself at 33 000, i would personally watch 30, which reminds me there is bitcoin futures and i've just never Traded them before and if we can get out for a profit on the spy i can. I have enough in the account to trade one bitcoin futures contract um, so i kind of want to do that just because i've never done it.

Maybe we should save that for fridays, but i want to start trading some of the weird stuff like live cattle and salt, and i don't know, there's just weird futures contracts and i feel, like you guys, really know. What's going on and i feel like, we could take an advantage of that all right. How much are we down right now, uh, 1, 200, but we're almost it's coming in our favor? Here's! Here's a real-time look at the account uh. What do you call a panda with no teeth? A gummy bear happy birthday.

Oh oddly funny, oddly funny, i'm a butcher. Beef is messed up this year. So do you think it's going up in price? What is up with amc? Uh, look at the whole market. Dude! Look at the guy speaking to you right now.

I don't know how i could be more apparent about my opinion on the overall market at this moment in time i didn't just drunkenly buy this outfit for you for my own health. If i'm being honest, i forgot that i bought it and it just showed up on my doorstep and i was like: oh that's, sick. We need that. I need that.

Can we trade tulips um if you have the right brokerage, but look at that? Another fake out, fake out number four of the day number four fake out fake out fake out fake out also referred to as range bound trading, which means if we break the range. That means you have an active trade, wait for the range to break. Don't get caught in the whip saw don't get caught in the whip saw, unfortunately, amc and jimmy are getting murked murked, i'm a butcher. What's up fellow butcher, how many butchers do we have on this stream and have you ever cut a finger?.

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