Making Benjies
The Matt Kohrs Show
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00:00 Intro
01:42 Quiet Day
04:10 The Market
05:24 Trump On The Economy
08:08 Traders Brace For Wild Ride
11:03 Crypto Halt?
11:29 Richard Heart Sued By SEC
19:24 Earnings
20:05 Important This Week
20:29 Seasonality
21:02 My Positions
25:25 Q&A
#Trading #Stocks #Options
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
The Matt Kohrs Show
Check This Out
⇒ Goonie Trading Group (FREE Month w/ Code GOONIE): https://bit.ly/LocalsMG
Sponsors
⇒ Goonie Trading Group (FREE Month w/ Code GOONIE): https://bit.ly/LocalsMG
⇒ Streetbeat Robot Trading (FREE Month w/ Code MATT): https://bit.ly/AICopilot
⇒ Top Charting Software: https://bit.ly/GoonieCharts
⇒ Options Picker: https://bit.ly/Tiblio
Socials
⇒ YouTube (Non-Live): https://www.youtube.com/ @GoonieClips
⇒ Rumble: https://rumble.com/c/MattKohrs
⇒ Threads: https://www.threads.net/ @matt_kohrs
⇒ Twitter: https://twitter.com/matt_kohrs
⇒ Instagram: https://www.instagram.com/matt_kohrs
00:00 Intro
01:42 Quiet Day
04:10 The Market
05:24 Trump On The Economy
08:08 Traders Brace For Wild Ride
11:03 Crypto Halt?
11:29 Richard Heart Sued By SEC
19:24 Earnings
20:05 Important This Week
20:29 Seasonality
21:02 My Positions
25:25 Q&A
#Trading #Stocks #Options
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
You know that? do you like that? I'm making noise brother. Good morning, good afternoon, good evening, good night. It is the Matt core show for the final trading day of the month we're talking about. Good Old Monday July 31st and hey, I'm happy you're here I'm happy you're watching it I'm happy you are hanging out I Appreciate even a second of your day.
We're here to talk about what's going down in the Stonk market. not only today, but what to look forward to for the start of August and really just the remainder of the week. Kind of a quiet day. Slightly favored the Bears I want to go over that, but really nothing too much.
Overall, kind of reminiscent of the most recent trading Mondays where a whole bunch of nothing has happened. So I very much hope you didn't get chopped up in today's action I hope you very much didn't get whipped to the upside or to the downside. just in reality not much happened. I Personally had one losing trade, one winning trade and as I'm doing this live with all you of the stream right now I have one position still open that I have to close between now and when the market goes dingy ding ding ding to wrap today up.
So hopefully that makes things a little bit better in terms of my P L on the day, but it looks like it's going to be essentially a scratch type of a day, so that's what I have for you. We're going to be going over the major things to pay attention to for this week. in terms of earnings, macroeconomic reports. we have a couple updates for you.
one for the overall economy and basically how much debt and what's going on with bonds yields all that good jazz. But also from there we should be talking about what's happening in the world of Crypto because there's a pretty well-known famous person in the world of crypto. Richard Hart the creator of Hex Pulse Chain Pulse X who the SEC is coming from? Uh, so we're going to be going over that story and then just kind of all the other random things in between. So I would look at today as like kind of prep for the conclusion of the month and really the start of the next one.
AKA August So with all that being said, if you guys haven't already, sign up. become a goonie. Macwords Locals.com It is pinned to the top of chat. There is a link in the description of the video Macquares.locals.com If you want to become a goonie, get the seasonality of every trading day before it happens.
No my trades, no other Traders trades, just a place for Traders to actually hang out. Mac Cores Locals.com And on that note, let's take a little look you see at the market. So I have one of the strongest performing ones in the top right? That's Netflix up up 2.8 percent. Then we have Microsoft actually one of the worst ones I mean Meta is also down two so we have one that's up to one that's down two.
The Spy popped a little this morning, then got smacked and since about 12 45 we've done nothing and the cues popped got smacked. and really ever since 10 15 has done nothing. So the best way to really sign up or excuse me. The best way to really summarize this day is a whole bunch of NADA a whole bunch of Nana So that's where we are at. Um, here on the daily chart you can really see how much we haven't done. So Thursday was a massive rain today even Friday it was a large range day but happened to be an inside date just because of how big Thursday was. And then today we kind of poked our heads above the high from Friday then got smacked and for hours now we just haven't really been doing anything. Socks are flat as Wall Street looks to cap off a winning month.
So the conclusion of the Munch not much going on, but I Do believe volatility will be picking up like the last two weeks in the SEC like later half of the week. I'm expecting more tomorrow and then Wednesday Thursday Friday I Think we're gonna have a grand old party, but before we get to all of that, here's a message from the former President Donald Trump Here's what he had to say on the economy and his plans for it. We built the greatest economy in the history of the world and when I'm re-elected, we will quickly do that again. No.
Administration in modern times, has matched the power of our America First economic formula and they never even came close. We had low taxes, low regulations, low inflation maximum American energy production we were energy independent and fair and reciprocal trade under Trump Every policy is about making life better and more affordable for hard-working American Families We've built the greatest economy in the history I Wanted to share this just because I Think it's kind of humorous. kind of sad. Like one of those things that if you don't laugh at it, you're going to scream because you're so angry Where every person ever running always says they're going to make the economy better and they all speak in platitudes.
They all stake speak in generalities. It's all super vague statements of the economy is going to work for everyone under me. That's how we're going to do it and everyone says it. Apparently, even people on the opposite side of the ideological aisle.
When it comes to the economy, everyone just says, oh, the economy is always going to be better and then if you realize, really, think about it. This is what everyone says about everything related to politics is every sub-sector they're going to make it better. You'd be crazy not to vote for them. And then that's what people are voting on.
just these high-level vague statements of like yeah, no I voted that guy because he said he's going to make it better. but it's not like the other guys going out there. he's like, well, my plan is actually to make things worse I Just when it comes to it, especially when it comes to something like the economy I was thinking about like all the community note checks from Biden when he'll say anything and it's always misleading like I feel like every other tweet from Biden especially when it comes to finances. He's always getting just absolutely bodied by the community notes section because it's all devious. It's all like and it's not him. You know, it's his team and they're like, well, if we say this, it's not technically wrong, but it's always like an obscure way to look at the data or the facts or the figures. and I'm not picking on buying or Trump I'd rather prefer just to pick on both of them because I think with all these high-level vague statements, it's all just who who are you getting. But the crazy thing is it works.
It must be where working for someone out there to always do this type of crap that like is never fact checked or anything like that because they keep doing it and they wouldn't do it if they weren't getting votes or if it wasn't producing some sort of result that they wanted. So I think it's more so of kind of just sad commentary on the world of politics and how easily everyone is duped into voting for their own tribe. Kind of blows my mind. But anyway, it's speaking of actual facts and figures related to the government and the economy and our current political.
State Traders Brace for 102 billion wave of Treasury bond sales the U.S treasury set this week to begin a ramp up in the issuance of longer dated Securities that'll likely stretch into next year, forced by rapidly deteriorating budget deficit and soaring interest rates. Don't forget our Congressional setup. they're all about to go on break and if they don't figure out the budget, we're actually going to have another government shutdown in September Now ideally they will figure it out in time, but I just want to bring it to your attention just in case. I Don't know the low likelihood that they mess things up that couldn't obviously have ramifications on the economy and thus the stock market.
For the first time since early 2021, the Treasury will boost its so-called quarterly refunding of longer-term treasuries to 102 billion from 96 billion. The consensus among dealers suggest well down from the record levels hit during the Roanoke crisis that will also be above pre-pandemic levels. So what does this all mean? This is really what I wanted to share to you. Truly an absurd graph: U.S Federal Government Interest Payments.
This is just how much we pay on our interest. spending on interest payments nears an annualized one trillion dollars. We're currently clocking in at 970 billion. Those are just our interest payments.
As a country on our debt, almost a trillion dollars. What folks, Look at this explosion. This isn't like. oh, it's like kind of ramping up in the 80s, the early 80s when the FED fund rate they had to jack it up to like almost 20 percent.
And that was when um, Volcker came in and Volker the whole situation. We weren't even at a hundred billion. Okay, we kind of figured it out. early 2000s. We once again, we were actually heading the right way. This is two thousand, one, Two three. Okay, we know things got a little bit crazy in here because the like: Finance the great financial crisis, the housing crisis. and then it didn't really matter because we kind of peaked in 2019.
They tried to take care of it, and then from 2020 onward this thing has exploded. We almost doubled up our interest payments. At this point, we're 500 billion. We're now almost double that.
Do you guys understand how truly insane that is? How ridiculous of a situation we're in right now? And well, the average person doesn't. I Mean, if you're watching this, there's a better chance than not that you like have been kind of tracking it and have a better appreciation for the absolutity of this situation. But the average person in the world and especially in the US just kind of goes around not knowing about this at all of how truly ridiculous the drunken sailor nature of our government spending has gotten and assembly it has to be aggressively taken on or this will get so far out of hand that it's not even controllable. Big news of the day if you missed it I'm happy to share it with you Justin the SEC as coinbase to Halt all cryptocurrency trading except Bitcoin prior to suing them so everyone kind of looking at it like they're like what's up why did Brian Armstrong sell a bunch of coin and everyone thought that was the big news I guess I buried the lead a little bit because yeah, it's strange and I was like okay, what does that mean for crypto and the whole Ripple case update and all of that and then very very quickly.
that was all forgotten by this update. Today we charge Richard Hart AKA Richard Schuler and three unincorporated entities that he controls Hex Pulse Chain and Pulse X with conducting unregistered offerings of Crypto asset Securities and raised more than one billion in crypto assets from investors. Now, before we get into it, he's getting charged with two things. one was the whole unregistered Securities but because of the Ripple case I think really politically, socially, a lot less people care about that.
It's the other interesting thing that he's getting charged with, and it's the big fat F word. I'm not talking about fatty I'm talking about fraud. Heart called on investors to buy crypto asset Securities and offerings that he failed to register. He then defrauded those investors by spending some of their crypto assets on exorbitant luxury goods.
So if you don't know about Hex, if you don't know about Richard Hart He like is always bragging about whatever like private planes buying just like really ornate jewelry. Uh, Louis Vuitton Just like spending money like no other. Honestly seems like he was cut from the same cloth as our political officials. This action seeks to protect the investing public and hold Heart accountable for his actions. So here's the skinny on the situation. right away: it blew up. Everyone thought the coinbase story was the big story. Then this happened and now this is all Crypto Twitter's talking about.
SEC charges Hex founder Richard Hart with misappropriating millions of dollars of investor funds from unregistered crypto asset Securities offerings that raise more than one billion dollars right away. Coffee Zilla picked up on it and you could actually kind of see like this is just the nature of Richard Hart This is a picture of him and his spending just Lambos What is this? Gucci And it was just a never-ending thing involving Richard art like clearly spending money. So here's the actual filing. as you can see the SEC the Securities and Exchange Commission versus Richard Schuler AKA Richard Hart Richard Schuler also known as Richard Hart is an American-born internet marketer, content creator, and serial entrepreneur living in Finland Heart operates through three unincorporated Alter Ego entities: Hex Pulse Chain and Pulse X beginning in December 2019 and continuing for at least the next three years.
Heart raised more than one billion in the unregistered offer and sale of crypto asset Securities to retail investors in the US and abroad. Once again, that's the part that I think the general public doesn't really care about. Obviously, with the SEC and Gensler like they're going to be losing their mind about it. But I think the general person, especially within the crypto.
Community This whole unregistered Securities I Think the common consensus and fairly enough is that the SEC is kind of overstepping their power and just trying to willy-nilly claim that everything is the security. We put the Howie test, which is ridiculous because they're using rules and definitions from basically a hundred years ago to now now apply to crypto and everyone's like, well, that's stupid and we probably need to get a revamp of the system. but that's not what I think really the retail crypto Community is currently reacting to because we're kind of past that it's more of this fraud accusation now obviously. I don't know how it's going to play out.
Not only am I not a lawyer, but I'm also not a fortune teller. but I think that's the part that really people are diving into on this particular story. Heart engaged in three separate offerings: Hex Pulse, Chain, and Pulse X Each was and is a Crypto Asset Security and Polishing and post X or Crypto Asset Security platforms design created and maintained by heart. So it's once again, that's a part that I think Gary gamzler like losing his mind over.
But for the general public, it's this following part that I think matters a little bit more. Heart continually touted these Investments as a pathway to grandiose wealth for investors, claiming that Hex, for example, was built to be the highest appreciating asset that has ever existed in the history of man. That's a tall order. Uscc sues Richard Hart Hex and post Shane on unregistered Security fraud allegations I Definitely think we should be focusing on that latter part. Heart continually touted these Investments as the pathway to grandiose wealth for investors, claiming that Hex, for example, was built to be the highest appreciating asset that has ever existed in the history of Ma'am. Although Hart claimed these Investments were for the vague purpose of supporting free speech, he did not disclose that he used millions of dollars of post chain investor funds to buy luxury goods for himself. This is where it gets a little bit crazy. heart pumped Hex's capacity for investment gain, claiming that Hex.com until at least November 1st 2020 that Hex is designed to surpass East which did 10 000 X price in 2.5 years it's working.
So far, Hex's USD price went up 115x and 129 stays on December 2nd 2019 during a seven hour live stream on YouTube hours before the Hex offering commence. Hart Stated that Hex was built to outperform Ethereum and Bitcoin and all other crypto currencies. The unregistered offerings raised more than one billion in crypto from investors heart in the polishing. Also, were charged with fraud for misappropriating at least 12 million dollars worth of offerings proceeds to proceeds excuse me to purchase luxury goods including sports cars, watches, and a 555 carat Black Diamond known as the Enigma Reportedly the largest black diamond in the world I Didn't even know how to picture 555 carats when it comes to diamonds, so I found it all for us.
So this is some ladies face and this is apparently the diamond. the Enigma 555.55 carat diamond Black Diamond Uh, looks kind of crazy. It's not apparently something you have on a necklace or a ring or anything. I Think it's just a giant rock.
you know, giant piece of carbon that I guess you keep in a safe and you just tell the world that it's yours. So that's the major update today. Richard Hart Sued by the SEC Obviously the unregistered Securities Part I Think not many people have an issue with that just because of the embarrassment the SEC is currently suffering at the hands of Ripple But when it comes to the fraud part, that's the thing that a lot of people have been accusing Richard Hart for a while now. Once again, I'm not a lawyer I'm not a fortune teller.
so I'm not going to say he is guilty I'm just giving you an update of what's currently going on. Obviously, things are not looking good for him. but also my major question is if he's actually in Finland how much of a jurisdiction does the SEC have there? But anyway, with that thought out and really, the whole story in general, would love to get your thoughts in a comment below. Now, obviously if you look at the date on your calendar, you know we're coming to the conclusion of July from a seasonal standpoint: July always rips. That's exactly what the market did I shouldn't say always of ribs I Guess don't want to be alleging anything I'm not supposed to allege on average the performance of the market in July is a bullish one. On average, the performance of the S P 500 in August is a choppy, crappy one. So we went from a nice bull phase to kind of sideways neutral phase. So the next exciting thing is really September where the first two thirds is pretty bullish and the last one third is actually pretty bearish.
So just want to take a step back because we are at the conclusion of the month and obviously the start of another. Just want to let you know where we are in the terms of seasonality. Now for the first week of August there's a lot going down. so if I reported this morning, they crushed it did very well.
Before the Market opens tomorrow, we hear from Uber Pfizer and Caterpillar Merck and JetBlue after the market closes tomorrow, we have AMD Devon Energy I'm paying attention to that one Starbucks Pinterest Microstrategy. Then on Wednesday we have CVS we have PayPal we have Shopify we have oxy, we have Unity we have Robin Hood on Thursday that's the big day of the week. after the market closes, we hear from Amazon Apple coinbase, we hear from Airbnb and even DraftKings And then next week the week after this one, we're going to be hearing from the likes of like Disney Um, trying to think that was like the big name from next week. Uh, but I think I'm missing another one there for next week.
But anyway, we'll come to that when it happens. You just heard an oh brother, that was a price Target being hit Um I was getting out at Four Five Nine Nine. This was all posted in locals of my price Target Where was it? Where was it? Where was it? New Targets, Four Five Nine Nine. Um so I'm gonna go over my trades in a second, but there are a couple other things that I want to go through with all of you so you know we're still in earnings season and on top of that, we still have macro economic events to pay attention to.
So at 10 A.M tomorrow, a half hour into the trading day, we're going to be getting the Jolts Job Openings data and then on Thursday we're going to get the PMI information and then on Friday an hour before the Market opens, we're gonna get the unemployment number. This one will be particularly important just because Jerome Powell The Chairman of the FED in the last Fomc just decision basically said they are really, really going to be focusing on unemployment, so this one might have a little bit more of a volatile reaction than normal, even though these days are already inherently pretty volatile. So definitely paying attention to that on Friday August 4th. Now, just before we get to trades and chart review: I Do want to know that tomorrow the seasonality slightly favors the Bears The Bulls have won this day only 40 of the time over the past 25 years. The profit factor is 0.6 as in every dollar spent has only returned 60 cents. so a loss of 40 cents. Here's a look at the equity curve of buying it open selling. It closed on the S P 500 futures market for this individual day over the past two and a half decades.
Kind of flat over the past 10 years, slightly trending down. So I would say tomorrow's seasonality does slightly favor the Bears not the most bearish day we've ever seen, but definitely not a bullish day. So I just want that out there. now.
if you were watching the stream this morning, you knew that it was long. The S P 500 through the micro Es contract, the Mes contract I was risking nothing I had four of these and my risk was a hundred dollars and that happened around 10 45 I Guess this is as good a time as ever to go over my trades. So at 10 45 right here, I decided to go along I went long because I saw okay, the seasonality slightly favored the Bulls. The daily chart definitely favored the Bulls I saw a push upward which I like to see, then I saw a pullback and then I saw a recovery and especially on this one when I saw a giant wig I was like okay, people are buying it.
Unfortunately that did not work out for me and I ended up getting stomped out when it broke these lows. So I was in at 4613.5 I got out at 4 608.5 which means I had lost five points and I had four contracts. so I lost 20 points. So that was obviously a bit of a bummer, but hey, it's just sticking to my risk I need to, you know, rein it in after all that D Gen Options trading in July So that was a loss of Five Points each, which is relatively small, but I had four of them so it was 20 points.
but this was also on the micro not the mini. so I was taking on less risk than normal. Then things started to turn around and it was right around 12 10 12 10 12 10 12 10 that I decided to take another short position right in here. So what I was looking for was basically a sell-off a retest and I was looking for it to come up to the EMA and when it started to come to the South Side I was like okay, this is my opportunity I think you could see a little bit better of my reasoning in the Spy contract.
So the whole EMA Cloud turned red and I didn't go in here because I was still waiting for that confirmation especially because coming into the day okay, I was a little bit bullish. So anyway on this weakness, I decided to take another short position. At first it moved a little against me but my wrist was tight and then I caught this sell-off and I got out at the exact level 4600 I just figured there was a good chance of the market reacting to it. so I had four I scaled out of two there and then on this pop at 1305 right here um in here I decided to go short again so I had for captured two came back up.
So I got back into those two and it was those two that you actually heard me just get out of at 4 599. So this is that very first one where I went long and then all the EMAs flipped. so I decided to start to go short and this is just proof of me saying everything. So there was my first one. uh my lunch trade. uh here was my target I took out 50 other 50 will be a runner and then I decided. okay that first Target was hit and then right here I restarted 50 at the pop. my new tire is 4599.
That's exactly what you heard when it's like order failed and so right now if I'm doing all my math right I just have those two final Runners on that are slightly green. Right now the market is popping a little bit into close, but overall obviously I was able to get back some of those oh well. I'm now in the positive from that very first trade. but honestly today it was a choppy day.
A little bit of a sideways like there was a nice little puke right there, but overall like just lower highs, lower lows. So midday when the EMA didn't end up looking pretty heavy I took a position I didn't get too crazy with it because a lot of the market internals were actually still favoring the Bulls. So I figured if I'm gonna take a shot at it, you might as well size it down because it's not necessarily like the best environment. So the account based on that first trade got it all back.
I have some Runners right now that are slightly in the green but nothing too crazy. So obviously if this is something that interests you with the seasonality interests you. If you want to know what I'm up to, if you want to know what other Traders are up to, if you want to know what the seasonality is, this is the place for you to be macro locals.com It is pinned to the top of Chat and it is in the description of the video so that's kind of my trades for the day. Overall, it was nothing too special.
I'm happy that I stuck to my plans I'm happy that I sized down because it wasn't necessarily like a five-star setup. but overall it I'm just hoping that there's more exciting stuff tomorrow. Um David Mystery had puts against Mullen Did you fact check that? uh no, I did not, but chat told me it and I just kind of arbitrarily believe what chat tells me to do so. uh yeah, I'm just gonna go off of that.
uh I mean I'm sure we could find it out finviz Mullen uh uh where we could easily dive into this Mullen what does he have? oh it doesn't say anything about puts uh I guess I Also don't know the time David Mystery does it say? what is I would have to go through all these forms but I don't know. Maybe I'll look it up. It doesn't really matter to me because Mullen is a horrible company. The chart looks horrible.
the fundamentals look horrible I can't name a positive thing against them about them. David Mystery has a really sketchy past. There's nothing good about this, so like to me it doesn't really interest much unless I just want to take like an aggressive short position which I don't like, just particularly feel like doing uh, what was it you said it was in when what month he sold them back around January to March-ish right here on this one. CEO am I in the right ear I guess I could like orbit. Maybe we'll get lucky. Common Stock Common stock. That's a lot of common stock. Uh, what about this one Common stock? That was common stock.
Uh, common stock. So the January March March ones were all common stock. What's this one? Common Stock Common Stock Common Stock Common Stock Common stock. Uh.
Commons.com stock. There's one left. there's only one left. This better be it.
Yeah. I'm not saying any options I'm not seeing any calls or puts I mean going through at least what's on Finviz. All of these right here. the SEC form filings.
All of them were for common stock. none of them were for putts, but I don't know. That's like literally the first piece of effort I just ever put into looking into what he was or wasn't trading. There's many other reasons that I wouldn't be involved in this one.
Beyond him like I mean that's a crazy Side Story I Don't know if it's true or not I'd have to take a little bit of a deeper dive I'm not seeing it on my initial look through, but there's other other things to definitely be paying attention to in this overall situation. Um, All right. All right. All right.
All right. So we went through my trades. We went through the seasonality, We went through the earnings. We went through the big crypto news of the day that Richard Hart is probably going to get taken to the Wood Chipper by the SEC but who knows.
we'll have to see how it plays out. One of the best major Equity performers of the day is Netflix One of the worst Equity performers of the day was Meta Netflix I Mean we might as well look at the daily charts just to see if there's an opportunity there. Nice swing around. Uh, obviously if you bought this breakout, your risk would be around 412.
You're in around 427, so are you okay risking 16 potential Upside: Target First at 448 and then it does have an upside Gap fill all the way up to 470 so something to watch for Netflix On the flip side, Meta had a very strong reaction to its earnings, but now it kind of an ends up well the definition of an inside day unless something really wild happens in the next four minutes. I'm kind of interested in seeing what happens if it goes below 3 14, 20 5 because this would be a classic Peak setup where this middle bar, the high and the low are higher and the both the high and the low are higher than the high and higher than the low of the bar on the left and on the right. If we were to get this breakdown so that could be some form of like a short put signal, your risk would probably be the recent high with your target coming down to this. Gap bill at 301.77 so something to consider. uh I would want more information? want more data to see if I really like this play or not. but Meta very overextended. So this concept of like okay, maybe getting a bet against it in when if like, if the downfall ever comes. Definitely an interesting one.
definitely an interesting one so I'll be paying attention to that. Apple really did nothing today Microsoft has an inside day, not much there Tesla is actually kind of looking strong. The fact that it got beaten down so much. we might have a double bottom here around 255 256.
Interested to see if it can push 270 273 Upside: Gap flow to 289 Uh Tesla The fact that it's catching itself here makes me think that there might be a little bit of an upside gaffle opportunity Nvidia Holding not much of a movement today. not much to go off of Amazon reporting after the market closes on Thursday Looking pretty strong going into it even though Apple didn't do much today. Honestly, going into its earnings, it's still looking pretty strong. So that's the major things that I'm seeing across the market.
Coin getting a little bit smacked I Want to see how it reacts to like this 85 level carvana is still somehow holding on? Honestly, might be a downside Gap Full Bounce so kind of watching it. it might get a whole nother Second Wind in it Bitcoin hanging out below 30 000 Ripple hanging out at 71 cents and then you have East going sideways. So a lot of crypto recently not doing a whole heck of a lot. but ooh, the market a little bit of a pop into close here.
a little bit of a pot. Let me get rid of all these SEC filings. We don't need those. a little bit of a pop in and close.
Uh, very very happy that I took some of those profits out of most of mine right now now. I Just have some of these. Runners Do I just want to? Oh no, the runners actually got out. The runners just got out at Uh 4609.5 So I'm now completely flat.
Completely completely flat. How are these? The 355 now? 358. word. When did this start? So in the final 10 minutes of the day, there's definitely a bit of buying.
I mean look how much the Spy pop just here? We went from Four five six all the way up to Four Five seven. We bounced a dollar twenty going into close. Honestly, it's these types of shenanigans that like, really, really leave a a bad taste in my mouth when it comes to trying to trade in power hour. I Don't mind trading in power hour if I'm getting out of a position or if I'm getting in right at the end of the day to swing something overnight.
but to like: think that I'm actively gonna get in and get out in Power Hour There's just too much Randomness like this that it's just not exactly my style. I Know some people are like pretty solid at it, but I like I mean this random stuff happens all the time and it's just hard to pick which way it is or isn't going to go. Obviously something Wild's going in right at close here. and to be predictive of that, to be able to like make solid money off of that time and time again feels like it's a lot more luck based to me than anything else. But hey, if you're sitting there and you're like no I have the perfect strategy for it hey I congratulate you I Find it hard to believe that anyone is accurately trading this. I Mean, look at this. We're popping for scene. like was there an announcement? What's going on? Uh, profit? You've seen any news there here? Hang on.
Let me see. Let's reload this like it's just that's crazy. That's absolutely crazy. Uh, uh.
where do we have any breaking news? Any breaking news? Are you guys seeing anything? As we're getting close? We have less than a minute. Less than a minute. Like what's this? Pop? What's this? Pop? It just. It just makes it really tough to trade.
Makes it very tough to trade. Um, I'm not saying anything immediate. How are we closing? dude. Just a strong close look at that pop and it close pretty much brought it right to the open of the day.
brought it right to if you look on the daily chart right here. This is kind of interesting. brought us right to the high of where we were on Friday right at that line. they just pinned it to there for whatever reason.
So that's the kind of stuff where. like making any like truly ballsy trades right at the end of the day where I'm planning on getting in and out I'm just not the biggest fan, not the we were. We ended up closing a cent above Friday's high so someone targeting high and low values and I don't know I I Just hope that it ends up leading to some awesome excitement for tomorrow. Hopefully we have some nice moves going into tomorrow.
The fact that we did get above and technically close above Friday's High I am feeling bullish going into tomorrow. Obviously there's a bit of seasonality like leaning like a little bit, but nothing too crazy. slightly favoring the bears, but like nothing too nuts about it. So if anything I want to see the overnight session specifically between 2 and 5 a.m I Want to know what happens in that London European session especially to see how they react to this pump at the end of the day.
But overall I hope we're just setting up for a more explosive, more exciting, more tradable day tomorrow. Not really too much going on today, that's what I have for you I Hope you had a good day I hope you made a buttload of money if you didn't make a buttload of money I hope you make two butt loads of money tomorrow. I Do appreciate all the Good Vibes I Do have a little bit of a specialty announcement. There is a new interview that should have just come out.
Where are we right here. You will fail at trading. How to be the five percent that wins. This came out on the normal Rumble Channel If you're watching on Rumble right now, just search it. It'll be up there. Got posted at 3 30. if you're watching on YouTube it's on the Evergreen channel. The secondary: Channel that I think is going to be able to um, if you guys haven't subbed over there, make sure you are subbing over there.
there's the Mac course. Channel I'm going to switch this to Matt Core's live and then this one just straight up to macros here. I Could get you guys a link if you go to Youtube.com at Matthewcoors, it's right there here. I'll give you guys the channel I'm putting it in chat right now just because it's a little bit harder to track on Rumble but once or on YouTube but once again, if you're on Rumble it's it's already there.
Um, so it just came out and it's an interview that I think you're really really going to be able to take a lot from. so I Hope you enjoy it, but it just went live so if you're fast enough you could be the first commenter and I know that means to a lot to a lot of you because you do win an award of sorts. So check it out. Check it out.
Check it out! I Appreciate your time I appreciate your patience I appreciate shit that you spent even a second of your day with me. Obviously that video's out. We'll be posting some more content later on this evening and then we will be streaming once again tomorrow morning 9 A.M Bright and early so I hope to see you there. Much love peace, Thank you now! Thank you thank you.
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I’ve been under since day one, (April 2021). When BTC was supposed to go to $100k, It didn’t. I’ve been buying and hodling AMM1SF and i know my patience will pay off
I bought 5k usd AMM1SF. I feel like this token will raise to $10 really easily.
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Any chance you’ll ever cover ACHR? I’ve been asking about it for months. It was up another 42% today. I called it out this morning when it was up 17%.
Matt we printed 1 trillion dollars in 2 months. Last was 8 months. It's going to go even faster next time. It don't slow down. 33 trillion makes the music stop on the American dream.
Gang
Nice intro
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First?