E oh brother, oh brother oh brother now I Get it I See it I See you guys are all forms of hot and bothered in chat yelling de Merit Matt this de Merit Matt that but I'll have you know I was to work on time today I was in fact on time to work today I was just accidentally broadcasting it to a different channel. so um, like kind of my fault, but it's also too early in the week for me to accept any blame. If I'm going to accept any blame, that's typically something that I need to emotionally build up to and I don't really have that fortitude until later in the week. So the fact that it happened on a Monday no, no, no, no no I just can't accept it.

So like I was a little bit in the wrong, but emotionally I can't ad admit that to you so my apologies, but kind of. But I was also on time so you're going to have to live with that because that's how it is. So I'm not going to accept your demerits. but I'm also going to be a little bit more generous without giving you guys any demerits today because of my potential infraction.

But anyway, welcome back to another episode of the Matt C show where I'm Matt cords you are the show and together we're going to do this thing. I Hope you are buckled up I hope your socks are secured because I don't want to knock them off and it's another beautiful Monday Well I don't know if it's beautiful where you are, it's quite cold here in New York but at least the sun's out to any of my local. Big Apple People um if you ran the marathon, Congratulations to you I did not run a marathon because my foot is still in serious I I Bandaged it up and everything because it is swollen. It looks like a little blueberry.

It's black and blue and it's all if I poke it, it's all swollen and it feels nasty and stuff. Um so I didn't run it at all and I swear if any of you guys cut that and sell that on Only Feet.com I you should at least give me 50% of your profits. Honestly, I'm not mad if you sell pictures of my foot, but like let's just go 50/50 I'm the model, you're the photographer and really, you're just like this green capture artist I suppose um, but I didn't run it U but if you did run it, congrats to you man. that is 26.2 more miles than I ran this past weekend.

Um, so anyway I hope you're having a good one last week. The market was as green and bullish and rip city as it could possibly get. And now the golden question is will it be continuing this week now I Put this out in the newsletter I Give out a free Weekly Newsletter I Break down the previous week I Set up the next week the major macroeconomic reports, the earnings, the seasonality of each individual day, and updates on the Zero DTE dgen strategy. That's all in the newsletter.

It's free F rear. Locals.com is in the description of the video. Check that out. But anyway, in the newsletter I gave my thoughts and opinions for this week and I even I think I classified my own opinions as quote unquote being Nifty and I said that because it whatever, like everyone has opinions, everyone has predictions.

Who cares? The way you actually make money in the market is appropriately reacting to price action, letting the market tell you if you're right or wrong and not just like sticking to like a random idea of like oh, like, will things be good or not type of a thing. So anyway, my prediction and please I'm just setting this up because I want everyone to take it with a grain of salt. My prediction is more of a choppy week because over the past two weeks we had a nice move. To the downside, we had a nice move.

up to the upside: Beautiful. Trends And generally the market expands, contracts expands contracts. We've been expanding so I think we're closer to a contraction. Does it start today I Have no idea.

Does it start tomorrow? I Have no idea. but this is kind of what I'm mentally getting prepared for. I'm not going to be assuming that we're just going to have like a beautiful five. Green Day rally.

Obviously, it could happen, but as we rally, the odds of the rally continuing get less and less and less because it's not like we have an infinite rally type of a deal. But once again, with that being said, it's a prediction. It's my thesis. it's my mental framework for this week.

But it doesn't really matter because I'm not necessarily going to be trading that when I'm trading or breakouts. breakdowns, support resistance, um, events like that type of a thing. I'm not necessarily just going to be like nope, this is my idea and I'm sticking to it for the week. Um, so I just want to like put that out there to everyone.

But anyway, the last week it was very very green. Monday and Tuesday were a bit green just because like earnings were coming in. They were all right. But the real the real party.

Let's be honest, like the fun party where the cool kids get invited to it like you know, like you're at a party and then partway through there's like some people like oh like we're going to the other room. that party started on Wednesday when the fomc the Federal Open Market Committee made their decision which we all knew was going to happen to not change the fend fund rate and then a half hour later the chair of the FED Jerome pal Daddy Po the whole guy that makes money out of thin air like he's some sort of magician. Um, he basically came off as pretty dobish. Recently he's been echoing super hawkish commentary of rtire for longer that type of a thing.

Based on his commentary, the way that stock market participants interpreted it was saying saying oh, this guy is done jacking up the FED fund right and now the market is even pricing in right Cuts This upcoming CER year between May and June they're actually starting to predict rate cuts to the overall Fed fund rate, so just fun fact. Wanted to throw that out there but that all went down on Wednesday. So Monday and Tuesday a little bit green. good earnings.

uh but we also sold off pretty hard so it could have been classic meaner version of finally bouncing. Then we got good old bullish news in the Market from the guy who controls the economy. the FED Drome pal, Then the market really ripped and then we just had a beautiful continuation Thursday and Friday Uh, we saw impressive comebacks by the likes of Tesla Nvidia Microsoft's looking pretty good. We do have an update on Meta Meta was doing all right but more so.

uh Zuckerberg towards ACL So we're going to be talking about that so major Tech names did well. But what I think is like the most impressive in terms of bullishness in the market is the new bullishness in the world of bonds or should I say the bearishness in the world of yield. Finally, the 10-year yield took a bit of a breather and we're seeing other bonds of all different maturities finally starting to bounce. and the major one that a lot of people are paying attention to is uh TLT the 20-year Bond ETF uh but myself o big announce huge announcement I actually how did I almost forget? Okay, so the Discord is live I was talking to everyone on the Discord on Friday and you know, like sometimes you're meeting a new group of people so you find it appropriate to show off.

if I were a peacock I'd be showing off all my feathers and to do this through the digital Forum known as the gooni Discord You know what your boy did You know what? I can officially tell all of you as of Friday I am an owner of Texas Roadhouse I Matthew Kors as of November 202 3 have officially invested in Txrh, which are the four magic letters when put together represent the best company in the entire stock market. So I'm no longer a streamer I am no longer a Discord Runner I am no longer a person who puts up random tweets I am also a partial owner in the world's number one restaurant franchise I'm a restaurant tour at this point. When you look at me, don't think oh, that's Pico influencer Matt Kus who runs the number one Finance show on the entire planet I would I want you to think that's Matt Kors a guy who is quickly and rapidly becoming the world's number one restaurant tour. I'm a borderline celebrity chef at this point.

Do I know how to make anything beyond peanut butter and jelly or a proper bowl of Frosted Flakes No, No no no. but I'm learning I'm not saying I'm tippity top of this pyramid, but I become the tippity top of many other pyramids. So this is a new. It's a new battle zone for me.

but I'm going to use the same grit and determination and just dare I say it. Pure perseverance that I've used in the past to get to the top of this pyramid of this hierarchy. So we're getting there. we're getting there.

we're getting there. Is it really that good? David Have you ever eaten at one? You ask me that question after you try their cinnamon butter buns and you ask me, is it really that good? Let let me answer your question with a question. Does a bear in the woods? How about that? How about I answer your question with a question. Does the Pope wear a hat? David When you have the anwers to that question, when you slather their cinnamon butter goodness all over your body, you let me know if it's quote unquote that good.

So anyway, that was a massive update from Friday that I forgot to tell everyone about. Um, so yeah, your boy is officially invested in Texas Roadhouse I'm a restaurant tour now I'm no longer just a content creator I'm no longer just a Pico influencer. We are building out the resume. so if I'm ever forced to return to quote unquote Corp America we're we're really building out the LinkedIn profile at this point, building it out.

Um, so that's a big update from Friday I Also invested in more rum. Uh, my average has now dropped a dollar instead of being at 950. It's somewhere in the low eights now. so I bought more rum and I bought some TLT I feel like I messed up though I shouldn't have bought TLT I should have bought TLT W which is the 20-year bonds but they also have covered calls against it for dividend.

So I messed that up and I'm thinking about con converting it I'm thinking about I did that all on Friday I'm thinking about selling all my TLT that I just bought and switching it over to TLT W Um, so I need to figure that one out. That's a little bit of a mess up on my part for sure. Um, and I think that's all I bought rum Texas Roadhouse TLT I think those were my three and these are all my long-term accounts. So I know generally when we're here, we're talking about uh, like kind of shorter term either day trades or swing trades.

This was in my like longterm account just so everyone knows I just want to be transparent with all of you about everything. Um, but anyway, last week, very bullish right now in the morning. Yeah, of course things can change because we have about 15 minutes to go and who knows what's going to happen during the actual trading day. Uh, but we have things to cover there.

Uh, right now it feels like the Bulls have a little bit of the upper hand I'll go over seasonality and whatnot and all the things to pay attention to. We have some other interesting news related to Elon and his new AI we're going to be talking about. Apparently we have Zuckerberg training for an MMA fight towards ACL I Want to get into that short Selling has been banned in South Korean markets and I think that goes until June of this upcoming year and because of that, the their index is really, really popping. So that's an interesting story.

I Want to get into Um. so basically the autumnal season is on its last legs. we are officially going into the Mariah Carey Christmas season. We're in an awkward transition and while our lives are awkward transitioning I myself.

apparently time zone shift switched. how Wild Is that that? as a society, we're just like nope. Time is different now Blows my mind. Not a fan of that, but apparently that happened over the weekend I don't know if it was Daylight savings or daylight spending I don't know what time change it was but one of those happened over the weekend and honestly, three decades of Life later I don't know the difference and I think I've gone too far that I'm honestly I'm afraid to ask I don't know the difference I just know my clocks were wrong when I got up maybe Sunday I don't even know when I got up and something was wrong.

but something happened this weekend and apparently we just unanimously decided time is now different. didn't know you could do it. Didn't know that this was like a living episode of Loki in the TVA and we're altering time but apparently that happened and it's complete BS um Daylight Saving daylight spendings I don't know what it is but I want to get a credit check on it cuz it seems like a load of BS but was the weekend so I hope you had a good one and I hope you got rest, relaxed and if you didn't do that I hope you were able to pound copious amounts of alcohol into your system and I hope your favorite football team won. um I Do have an update for you guys on your football picks that we do every Wednesday in my pick them League You guys have been doing horribly.

I'm rapidly dropping to like almost the bottom of the league so I need you guys to be better by this Wednesday when we have to do another pick them um but I'm very, very mad and disappointed in you for your lackluster football picks. You guys suck at pinning picking the winning team, so thanks a lot for that one. Um, and we're ready. We're ready to rock.

That's everything that was in my mental notepad of what I needed to cover. Um, so let's get let's get rocking! Uh, very quickly. Shout out to today's stream partner. Today's stream sponsor Streepy! Streepy is a robo adviser that uses AI to allow you to create your own trading strategies.

It is free to download, it's on the Apple App Store it's on the Google Play Store and you can get a free month trial with the code Matt which happens to also be my name. So using the code mat a a 30-day free trial. so free to download, free to use for a month. and you can use AI to create trading strategies I Like it? Uh, but obviously it's not for everyone, so try it out for a month.

No harm, no foul if it's not yours. like if it's not your Forte if it's not something you necessarily enjoy after a month. Okay, you don't have to use it anymore, but I really do think you're going to like it. You can also individually buy stock, sell stock.

they don't participate in payment for orderflow, and they are building out their Partnerships with other brokerages. So if you don't necessarily want to fund this account, you can use the street be trading strategies on a different funded brokerage. So check it out! It's awesome! We've been partnered with them for months now. Um, it is free to download.

It is a free 30day trial with the code Matt it's pinned at the top of chat. it's in the description of the video obviously shout out to Street Be for being a long-term partner with us. Um, folks, obviously the show is free for everyone. It's these types of Partnerships that make it possible.

So if this is something that at all sounds interesting to you, I at least implore you to scan the QR code. go to the website, read a little bit more about it and see if it's something that you care about utilizing. I myself have money on it Uh, I like it I Really, really enjoy it. My favorite one is mimicking Congress whatever Congress is buying or selling in aggregate, they have a pre-built AI strategy that does that for you and it takes care of all the B buying, all the selling.

uh and I just find a lot of enjoyment with that. On that note, let's talk about the Old Market So obviously 1, 2, 3, four, five green days. We put in a perfect bullish week. We were batting a thousand, we were bowling 300.

Is there any other sports that you could have perfect scores? I'm trying to think you can bat a th000 you can bowl 300. You could be throwing darts and it hits perfectly zero I Don't know. I'm trying to think of another sport where like you're trying to get an exact score but whatever it is, that's what the market did. Uh, not only did we recapture in key levels this trend line that we saw from earlier on like obviously getting back into this bull Channel fake out Breakdown: We also had this other trend line from October uh of last year to March of this year we recaptured two key trend lines.

We leapfrogged over this EMA Cloud We got above the 48 which it struggled at in mid October and now it seems like we're coming right back to battle this key level of 437 438 Watching this obviously above that, we have my next Target up here in the low 440s. but man oh man is just ripping and ripping and ripping. Now just because something's green, does that mean it has to continue to be green? No dude. God No, it could do whatever it wants.

The market has a mind of its own, but I do want to let you know that obviously this is bullish. key breakouts on top of that though. when you're this strong, you do have downside. Gap Fi So yes you could argue.

but Matt What about the upside Gap fill to 45549 Yeah, eventually I think it gets filled but for today I Just want to let you know there are downside Gap fills that are a bit closer. 431 you have one here at 423, you have one down here at 4853. There are various literally every single day right here. Wednesday Thursday Friday 3 days in a row Gap Gap Gap Eventually those will get filled.

Typically, they get filled the trading day that they created. Obviously, it didn't happen so much because people were so jacked up on Mountain Dew after we had the FED speech on Wednesday and just kept ripping ripping ripping I Just want to put those on your radar. We do have downside: Gap Fils of 431, 423, and 418 stock futures nudge higher After the S&P 500's best Week of 2023, a little round of indoor Applause for all the Bulls if you were degenerately training calls a massive congrats if you were degenerately supporting the bullet Camp A massive congrats if you were betting against the market I am sorry for your losses. Um, in terms of the macroeconomic events this week, there's actually not that many.

Um, right here. We do have the Fed chair speaking both Wednesday and Thursday of this week. I Want to remind you that Wednesday of this week I will not be having my normal show because I'm going to be doing my show once again from the GOP debate down there in Miami. So Wednesday I'm not going to be in this environment I'm going to be in a completely different environment streaming exclusively to rumble.

Just so everyone knows. Um, there are a couple other things to pay attention to. Um, for example, today, late today we get the RBA interest rate decision. We have trade balance stuff, but uh, feel free to check all this out.

I Just want you guys to know that this is the newsletter that you could get for free Mls.com Uh, so those in terms of major events paying attention to that hedge funds? uh, capitulated treasury shorts to record at to record at wrong time. So I want to come back to this because I know we're not really the biggest fixed income group in the entire world, but right now it does feel like fixed income. and I'm talking about bond yields really does have giant implications of what's going on in the equities market. so you can see right here.

Uh, the market ripped as the 10e yield was getting absolutely pummeled. Finding a little bit of support at its own 48. EMA So I'm watching this. but if the 10 yield goes below 4.5% I think that the market can really keep keep going.

And then if you want to look at something like the 20year, uh, Bond ETF TLT there are various other ones for different maturities. Uh, but maybe finally putting in some sort of bottom. And I mean this thing has just been eviscerated ever since 2021. It was trending at 150.

Look at how much? this thing just got absolutely demolished. So if it can get see how it almost got above its 48 EMA and got smacked. Well, that would be bullish if it did. obviously coming back to the 10-year yield.

If it can get below that, that would be pretty bullish for the market. but let's see, it just might act as support. The other one might act as resistance. Time will tell.

Another obvious thing that we should pay attention to is the dollar. Uh, the dollar Index is Dixie dxy This is the US dollar versus the Euro the Yen the pound things like that. Um, obviously it was ripping. then it went sideways.

Now it's showing a bit of weakness and part of this has to do spefic specifically with what's going on with the USD uh JPY Pairing some craziness there recently because um, they had quite a bit of control of what they were doing in their Central Bank and they are allowing I'm I'm not saying they're necessarily giving up their control, but they're allowing for a bigger sway of what happens in their own. Central Bank So big moves going down in Japan So we'll come back to this hedge fund thing. In terms of earnings, all the major earnings are pretty much in, but there are earnings this week and next week. Um, Birkshire I Want to talk about them because they have 157 billion in cash, so they're getting ready to buy something big later this week.

Uber Celsius Rivan Uh Devin Upstart Oxy Roblox Fisker AMC Disney Twillo Affirm Plug Fiverr Feel free to screenshot this. Feel free to check it out on at E Whispers I Also, do put it in the newsletter so you could check out all this information in kind of like a One-Stop shop. Speaking of Birkshire, Birkshire Hathway post 40% jump in operating earnings. Cash pile swells to a record 157 billion.

Buffett's cash hits a record 157 billion amid scarce deals, tells me he's loading up to either buy a giant market dip or buy something else. but this is literally a record cash like he's This is crazy. Birkshire Hathways cash pile scaled a fresh record of 157.6 billion, bolstered both by elevated interest rates and a dir of meaningful deals Where billionaire investor Berkshire Hathway or excuse me Warren Buffett of Berkshire Hathway could put his money to work. this is sitting right now in just like a money market treasury fund.

I mean per year he's getting a 5% yield on this. as in he's making 7.5 billion a year on his cash alone. He feels no pressure to move cuz like he's basically getting a borderline riskless $7.5 billion a year just from his cash pile. That is crazy.

Elon Musk Debuts Gro AI Bot to rival Chachi BT So this will be on. Twitter AKA X I Think right now it's for certain select users and then it's going to be rolling out to the premium plus user base. xai Elon Musk's new AI Venture Launched his first AI Chatbot technology named Grock I think I'm pronouncing that right I hope I am. If I'm not, please feel free to correct me.

The Prototype is its first two months of training and is only available to a select group of users before wider release. Musk is positioning XI X Aai to compete with Open AI Inflection and others. So with this I do want to point out that it seems a lot cooler. It seems like a lot more fun.

So people were kind of showing some of the responses that it can give you and it's I I Guess it's a lot less woke. it's a lot less boring, it's a lot less up type and corporate so you can read similar responses of what chat Gbt gives you do versus what this one and it just seems like a lot more human. It seems a lot more fun. So I haven't used it myself, but I'm definitely trying to get into like some sort of beta cuz it it does seem more interesting.

Um, rather than like I said, the very update nature of some of the other ones I've seen. now. are they going to permanently be like that? No, but you could definitely see that there's some of the classic Elon Musk style in here where it's more more than willing to like troll people and be sarcastic something you don't see in other chat. Bots Speaking of tech leaders in the world, this is your look at Mark Zuckerberg Who tore uh his ACL when he was preparing for a competitive a MMA match earlier next year.

Uh, he still plans on doing that. Obviously the timeline just getting a little bit Kickback This is already getting memed as much as you possibly can meme something meta CEO Mark Zuckerberg toour his ACL while training for a competitive MMA fight What an arc that this guy is having. He went from being like a nerdy dude in his Harvard Business storm um then making one of the most influential tech companies of all time. Everyone started accusing him of being a lizard man and now he's just like really into fitness and fighting.

Uh, it's very very like is he just becoming Batman or something I don't know. just a very interesting Arc for Zuckerberg there once again. um I Just want to let you know this is the newsletter Maor Locals.com Sign up for it. It is free but in terms of the seasonality for today Monday November 6 I Want to let you know that today is specifically very bullish.

Very bullish. The Bulls over the past 25 years have won this day 77% of the time with a profit Factor over five. That is not just bullish, it is very bullish. Now Is this a guarantee that the Bulls win today? No, they lose about 25% of the time I Just want to let you know that the deck is stacked in the favor of the Bulls today.

Five things know, before that stock market Bell goes dingy ding ding ding winning ways. An ear to earnings. Yeah. Lucen Rivan under arour Disney All those uh Trump testifies we could talk about that musk in the machine.

We talked about his new Ai and its's cash bump 157 billion. Um, very quickly. I Don't want to mess this one up at all. so let me just get this ready.

You guys are telling me to Be Bullish At Open. You guys are basically borderline guaranteeing it. It says 73% of you are saying yo Matt we're bullish and hey, you guys know what I Do This is your account. Uh I Let you guys.

Well, it's my account that I let you guys trade for me. Uh, you guys are on a three win streak I Want to see if you can continue that today? Uh, what time is it specifically though? All right. I'm going to fire off these trades at 92955 so 5 seconds with the market to open I will be pacing a bullish position because 73% of you voted bullish in the poll. Let's see if it goes.

Target Filled Oh wow Tar Oh wow. You guys are on fire. 320 locked in like it was nothing. 320 locked in like it was nothing I Appreciate it.

You guys are officially on a 4 win streak. Another 320 locked in within seconds of the Market opening. Uh I appreciate it. Thank you guys! I will obviously be using this money to to buy more Texas Roadhouse Probably not the stock.

Probably like the legitimate food. Um, so thank you I will make sure to degenerately spend that money in places I probably shouldn't. Um, so you guys rock and we'll see if we can continue the streak. Uh, later on.

Uh, you guys. Really? you're really on the ball. You guys know that right? Like you're absolutely crushing it. Uh, where did this go? All right we have this.

Let me bring this back over. let me switch this up. Dingy ding ding ding D The casino is open. Best of luck to all.

Play responsibly if not have fun I Do have some other news I Want to share with you so the spy in the que is already popping out open. You guys are on a four win streak. You guys rock! Um Tesla Tesla is currently up 1.8% The reason it's up is there is a new announcement from the company that in their German gigafactory, they will be making a new cost effective vehicle priced at 25,000 which if you convert that over to USD it's just a hair below 27,000 Obviously, the market responding well to that news Nvidia is ripping like no other if you check out Nvidia Massive fake out Breakdown breaks these previous lows of 409 403 went below 400 and then just makes all the Bears pay I Really think Nvidia has a solid shot of getting up to the 460s on this J right here. similar to the Spy in the Q's beaten down Leap Frogs over it EMA cloud and just keeps ripping.

Gets this upside Gap fi to 449 and is not looking back so I'm watching this 460 region Tesla trying to get up to 230 if it does I'm then looking at this upside Gap F of 242 Meta uh, just kind of going sideways. Not the biggest movement on Meta got smack, made a recovery so not really trending. The nicest right now Netflix is continuing its trip to the upside I It's very very successful. Earnings report and announcement popped up Lea frogged its EMA Cloud came down, found support and it's still continuing Off to the Races I mean at this point we're kind of talking about the 440s Microsoft broke its trend, line, came down, retested it had its earnings went a little Haywire But Continuing to the upside: Microsoft is looking very, very good I Mean at this point we're kind of talking about Microsoft getting up to this recent high of 36 like it's just ripping now.

I mean obviously it could run into resistance elsewhere, but this is looking good. Apple didn't have the best earnings, but it's kind of holding. It itself is trying to close above its 48. EMA if it does, I'm looking for a break of 178.

That maybe 181. Uh, a little bit more boring relative to other things currently going on in the market. Amazon Just kind of chilling at 138. got its Gap fill.

That was, in my opinion, the major play on Amazon was up to 13520. Uh, nice upside gaffle. Now you have clear downside gaples to 21. So across the board we're seeing some excitement in Tech We are maybe maybe seeing some buying coming back into the world of bonds watching.

TLT This is an ETF tracking the 20year bonds. Um, and then we're still kind of looking for weakness and various yields. Uh, looking for the 10-year yield to continue to drop looking at the dollar. Really wouldn't mind if there's some pressure coming off of this as well.

Wouldn't mind if that keeps going down. Uh Bitcoin successfully getting above and holding above 35,000 So shout out to the crypto Community Shout out to the digital gold supporters, but we have BTC sending at 35k right now. Um, it's been consolidating. Huge explosion on the excitement related to the spot Bitcoin ETF Getting approved ever since then expansion consolidation.

so just waiting for this next range breakout either above 36 or below 33 to kind of determine the next move. I Don't actively trade crypto I'm just investing in Bitcoin Ethereum a couple other ones. Speaking of that, eth actually looking really good eth at 1900. hopefully very quickly knocking on the door of 2K So Crypto's looking good.

So across the board, things were very bullish last week. Things may be continuing that way this particular week. I Don't know your guess is as good as mine I Did let you know that in terms of seasonality, today is a very bullish day. Today is a a very bullish sh.

Does that mean it's going to play out that way this year? Dude, your guess is as good as mine I Just want to let you know this stats of the situation and maybe the things to pay attention to that might be termining, upside or downside. Uh, breakouts, breakdowns, that type of thing. Um, dude. some I I like my jaw is still on the ground with Nvidia it's it just keeps going I I Get that it's fundamentally overpriced I Fully get that.

But dude, it seems like you just can't bet against this stock because whenever it looks like there's finally weakness and people are quote unquote patient, they still get screwed over. Which is just it's just wild. Absolutely wild. So if you've had the balls to just degenerately hold on to Nvidia Honestly, if I had two hats on right now I would tip them both to you and you don't see that M You hon like, think about it.

When's the last time you saw some old gezer tip two hats to you? Generally they're just tipping one hat to you I'm tipping if I had two hats I'd be tipping both hats to you. Uh is am it's AMC day today. Who cares about AMC Honestly, the the C is a pervert. Not only is he a scam artist, but he's a pervert dude.

He thought he was talking to a 17-year-old They have earnings coming up and it's going to be as boring as ever. and then you're going to have like the hopium Kumbaya AMC community on Twitter Like having a Twitter space call talking about things that they don't understand when they're all down 90% 99% from their investment. If you look at vwap of where the average ape is in, AMC there needs to be over 6,500 gain from the current level for the average ape to be break even. Did you guys hear that for the average ape to be Break Even AMC needs to go up 6,500 per.

like break we're not even talking about in profits dude like what and people are like oh no no no this is still like like if that's your ride and die dude. congrat like I I wish you the best. like I don't want anyone to lose money on it but like dude, that's like at a certain point you have to be like somewhat reasonable and logical logic. Like shows some aspects of logic and that is a particular thing that is devoid in the leftover members of the AMC Community these people who were informed about the market who were good traders who were good investors have now all left the AMC Community There was a GI brain drain from the community and it's just this is what we're left over with.

Now this is what we are left over with. Uh, if you guys are just joining in right now. first of all, Dem Merit But I'm not going to be giving it to you today because I was late to the show as well so you would be getting a demerit but it's not going to be happening today. Uh, but anyways, shout out to today's stream SP Partner Streety pin to the top of chat in the description of the video.

No payment for order flow. It's a robo adviser. They use AI systems to have trading strategies you could create your own. It does the buying and selling for you.

Uh, it's free to download Apple App store Google Play Store and you can get a free 30-day trial with the code Matt matat. Um, so just look it up, download it, go to the link, check it out, read about it. it is awesome. Uh and I Just want to see what's going on in the world of options this morning.

Uh, options picking up in the Spy clearly picking up in the spy and let me do a quick reload here to see what's going on in the NASDAQ Uh, what? we have? What do we have? What do we have? picking up also in the NASDAQ Interesting, interesting, Interesting. Oh it's a little early, but I just kind of want to get my trade out of the way. Uh, it's a little degenerate, but let's just see what I could do. Let's just see what I could do.

Let's see what I could do. Oh home brother, All right I took along on the with my o no no no no no no I always accidentally put in extra orders I'm just going for $500 $500 Let's go. let's bring it home. Send it home brother.

We're starting off this week strong. You guys voted in chat you told me today would be a bullish day. Um, you could say but Matt why are you chasing the breakout? No that's a really good question I shouldn't be chasing a breakout. That would be weak.

Part of my reasoning is what I'm seeing in the options Market But I Also secretly this morning asked the magic A-ball and I said magic A-ball Will the bullishness continue today and the magic eightball said you bet it brother So I said that's that's that's good enough in my book. So Magic apall said bullish. seasonality says bullish. The daily Trend says bullish.

You guys in chat said bullish. I'm not really seeing anything that necessarily says bearish Now was with all that being considered, was my timing good? No, No no no no. The name of the show is the Matt core show the name of this show isn't Oh, it's perfectly timed. Matt core show that's not the name of the show.

That would be crazy that would be. It's too wordy like we couldn't fit that anywhere. Um, that that would actually be insane to call this show. So uh.

just trying to lock in a quick 500 on the Futures Market here. Oh come on it. it was looking really good for a second. How high did we get? The high was 15 257.5kg Pace Patience.

While I have to show for this? Uhoh well. that took a quick turn. Uh, options dipping against me. Options dipping against me on the Spy Oo uhoh I just spilled my Celsius that's not good.

Everything's going arai right now. everything is going arai I have spilled Celsius on the keyboard. That's not a good sign ever. Uh-oh uh oh Spaghettio.

All right. we have to do a bit of a clean up here. Oh no towel I need a tow? Someone sent me a towel. Dude, you guys.

no, it's on my keyboard. Oh this is such a mess. Panic I'm panicking. Uh oh, it's in.

it's it's in the computer. It's actually not I Just like to quote Lander dude this is oh dude. no it's dude. it got e it's everywhere.

Oh, this is going to be a sticky mess. Uh oh Spaghettio that's what it feels like. Honestly, so the positive news: not only am I going to lose on the trade, but I'll also have to go and purchase new hardware for my computer. Shout out to Meta PCS always hooks me up on my always, always hooking me up on my oh dude, it is everywhere.

How how is there this much liquid in the can? All right? Well, that's going to be a sticky mess all day, you know? Oh, is is it really going to be one of those days? Is that the kind of day we're going to have? Gen Z can't handle liquids? you think? I'm Genz I've been called a lot of things in my day and that honestly might be one of the most offensive things I've ever heard calling me Jenzy Jenzy I scoff I scoff at that notion Me: Matt The World's Leading Restaurant tour Gen Z Come on guys, let's let's show a little bit of respect for the guy who's hosting the show. I Get it, we're We're pretty rough group. We we kind of call each other out when appropriate and like you're calling me Jenz like I just feel like there's certain lines. Maybe we shouldn't be Crossing Um, this is already the sign of a not so Bueno day.

What are we doing? What? What's going on? What? What in the world's going on? What do I need to do with my position? What in the world do I need to do with my position? It's actually still alive. Hasn't hit my risk yet, but should I cut it before it hits my risk I just kind of arbitrarily threw the risk out there I'm still feeling kind of good about it like I get it I get that I spilled Celsius all over my keyboard I get that I was chasing when I shouldn't but something there's like a little dare I Say it like the voice of the market gods in my brain saying, you know what man, just hold it. Hold this one. Hold this one.

It's going to work out. Don't don't be weak-handed here. that that's like the The Voice I'm hearing in the back in my mind, you know I don't know if any of you guys get that, but look it, we're seeing options starting to bounce the zero. DD DTE is the teal line.

The purple line is all expiration. Teal line. purple line picking up a little bit there. Come on come on brother, let's not do this.

Tesla Taking a hit 226 down to 222 Nvidia Trying to hold on. Come on. hold this low hold. Nope, it's not going to.

is it. Hold it? Hold the line options getting a little flat? Uh, this has nothing to do with my current position I Just thought it was interesting and dare I say it. Slightly confusing. Um, um, what if a computer nerd flipped a switch and turned off the Bitcoin computer? Poof, It would be gone.

Did Dave Ramsey actually say that and also secondary question: does anyone listen to Dave Ramsey anymore? Did did that guy really? Now we just got to look it up. I Want I want to hear it from the hores mouth I Want the audio clip I Want the audio clip Dude, there's somehow Celsius on my monitor. How is this happening? It's everywhere. It's everywhere H worst way to start a Monday Sticky stuff everywhere.

is there a video of Dave Dude, it's still I just look up and it's everywhere. Like I clean it up and then I put the towel down and then I look back up and it's there. Um crazy crazy, crazy crazy. Uh I should set an alert here.

We go here, we go. Come on. You could do this. You can do this.

Market uh. but does anyone know if he actually said that he failed? nnn don't know what that mean. Uh, just another Monday morning with Riley Reed in the studio. Oh man, that's funny.

Speaking of Riley Reid in the studio. So yesterday, for those of you who were in The Discord uh if you missed it, we are going to post the recording of the first ever private Matt Kors lecture teaching. It was just a basic intro to options I Wanted to get that out of the way. so if you're already in the Discord and you missed it, that will be loaded up this week if you were there.

I Appreciate you stopping by and if you're thinking to yourself, what Matt Discord private teachings Oh, it's a thing. the it. It's live. It's there.

It happened. Uh, if you want to join the gooni Discord uh Mls.com If you sign up, you're going to see it all there. Uh, the type of things that we do in the Discord Uh, obviously on a weekly basis. On the weekend we're doing some teachings.

I Start off with intro of options and we're going to get into other option strategies. From there, we could talk about futures. From there we could talk about like algorithmic training I'm basically building out an entire syllabus so that'll be on the weekends. Uh, there's trading competitions.

The first trading competition is officially underway as of today. The winner this time around for this week Monday to Friday is going to be getting a $100 gift card to Texas Roadhouse of course and then also a goon shirt. uh from there I'm going to be in the Discord myself. There are other traders in there, but I'm going to be in there myself.

um after the show obviously. So from like 11: to 4: is going to be like kind of my plan of how I'm handling stuff. um what else? What else? What else? What else? What else? What else? we have some trading Bots that are about to get hooked up. I Actually was just on the phone with some Quant guys over over the weekend.

uh, we're almost there. We just need to basically find the best data provider that we want to use. I'm trying to think of anything else. I should have had a whole list of this.

Um, all those credit spread plays like when I went on that heater of 27 for 27. Obviously they're not only going to be posted in there, but on top of that, they're going to be more thoroughly explained. Uh, I'm noticing that maybe there's a little bit of confusion apprehension of like okay, like what's a credit spread? What is the mask risk? What's the mask reward? How do you even technically place it like that type of a thing? Um, so obviously there's going to be a lot of discussion related that, but it's all going to be in there Ma Well, it's all through local so if you want to join it the way a lot of trading discords are hooked up through Patreon, I just chose to hook mine up through Locals So Mac. Locals.com um anyone having issues with to the new Schwab account I saw a little bit of that on Twitter that people were having some issues.

Um so like it might just be the migration over Matt Please have a look at the NASDAQ futures top trend line. Possible rejection right now. Might be a massive bearish flag in the mark? Maybe. but remember with technicals if you're looking at it on the one minute.

um, it has as much relevance as the one minute chart does. So what you're pointing out, it might be a legit like reaction and everything. but when I'm looking at Big Topline either rejections or bounces or anything like that I care a lot more about like the half hour the 4 Hour um The Daily Because right now we've only traded 20 minutes of the day it's 950 We're still in the market like opening range like right now, there's no real indication of is today bullish or bearish. The first, the first 10, 20, 30 minutes especially on a Monday it's just random Market opening Jitters and pushing this way and that way.

Um, this. I I Never use anything of this trading portion like this time frame of the day like the market open to indicate squat to me because it it just has no statistical relevance to what you're actually doing on the day. Um, one of the days this past week, every single day this past week was a very very bullish. Green Day But not all the openings were, um, the this opening session right here when you're looking at their first 5, 10, 15 minutes.

um it. It's about its accuracy. It's correlation with what actually happens that day is about 50/50 so you could have a great opening. great first five minutes that doesn't tell you squat about the rest of the day.

um uh. it also could be weak it it just there's no correlation to it. So for me I like to see it I Like to see how people actually I'm most interested in seeing what's going on in the options Market Are people buying calls? Are they getting out of calls? Are they buying puts? Are they getting into puts? Speaking of that, the options Market Little bit bearish. little bit sideways.

no clear jolts. There was a push to the upside, push to the downside, kind of flat. Uh, little bit more. so favoring the bears.

But once again, we are 21 minutes into the day. Um, so it's not necessarily like gospel at this point. Uh, other things I Like to check in on while I do this before the Market opens I Want to know the general daily? Trend And right now I mean this isn't going to be a surprise to everyone, uh or to anyone. Uh, the trends to the upside.

Uh, we've had what 1, two, 3, 4, 5 days in a row with higher highs and higher lows. So in this portion of time like right now, the current phase we're in is a bullish phase and it would get even stronger if the Spy pushes above 43629. that's the high from Friday because then we would potentially be setting up for six days in a row of higher highs and higher lows. So I like to check in on that.

Uh, another thing I like to check on on is just my EMA Cloud across various time frames. So obviously in the bottom right you could see the daily okay, we pushed and we held above the 48. That's a bullish time. Then I like to check in on the 30 minute.

so the 30 minute as of Friday ripped up ever since then going sideways. the the cloud is still technically bullish, but you can see from the price action that on the 30 minute we're basically just trading sideways. Now what's more interesting and what I like for my day trading is actually the 10-minute right here: I Like to know: do we have a nice uptrend the way we did in the overnight session or are we pushing down below the 48 and potentially representing a trend reversal so similar to the 30 minute, the 10minute is just kind of sideways. We're kind of above it.

we're kind of below it. and what that tells me mainly is chop like indecisive. Um, so for me: I am I'm just waiting for something to become apparent like I'm I This might come as a shock to many of you, but I am not trading with enough size to be the person who influences the market to go to the upside or to the downside I know I know I know I know that's surprising to many, many, many of you. but in reality I'm just reacting I'm reacting to breakouts I'm reacting to breakdowns Anything that I particularly deem to be statistically significant.

Uh, so right now when we're still talking about the generic Market open I don't really see that to be statistically significant. Obviously, it might be a bullish day. it might be a bearish day. but I I'm of like I I don't have a high enough confidence to like bet any serious size in that I'm just kind of like okay, like let's see how things shake out.

Um and all I really do is like in the back of my mind I'm like, okay I know the daily Trend I know where the EMA clouds are at I know kind of the news from last week that finally there was a little bit of breather in the world of bonds, a little bit of downward pressure in the world of yields. um, the market I mean in the short time frame we popped up, we quickly gave that all back. The cues are literally at their opening value, while the Spy is slightly below its opening value to the tune of like 20 cents. So, uh, patience, patience, patience, patience.

Uh, my rule of not trading in the first 10, 20, 30 minutes of the day? Um, it. It's not a rule by everyone. Like if you look at some of the most decorated traders of all time, that's not a rule that you're going to find everyone has I Just find. It's a rule that works for me.

And that's what the game of trading is. It's find out what works for you. We all have different personalities. We all have different trading time frames.

We all have different risk tolerance. Um, it's we. We're all playing the same game, but we all have a different methodology and ideology of the game. For example, I might be the only person on the entire planet who's currently dealing with a Celsius soaked keyboard and that's something I need to consider to my own trading because if I put my left wrist on the keyboard right now it gets sticky and disgusting.

That might impact my trading. It might make it better, it might make it worse. But my point is is that we can all see like different things going on. So for me, maybe I don't want to look at any equities that involve the left side of my keyboard because I'm just like now biased to type that in.

so I'm not going to be looking up Apple uh what else? I'm not going to be looking up AMC the A and the CR on the left side of the board. even the q's if I already didn't have the q's up on my board I can't type in QQQ right now. that's disgusting. So my point is is you just don't know what everyone's like battling with what they're seeing in the markets.

This that the other thing. So this is where I'm at. This is what I'm dealing with and we're all kind of dealing with our own thing. Um, so just just keep that in mind those days when you're sitting there and you're frustrated, you're like who is buying this, who is selling this? That's crazy.

Why would anyone be engaging like that? Um, remember we all have. We all are very much handling different situations looking at different things. So it's borderline an infinite variable equation. At least you can keep an eye on Mullen I can if I chose keep an eye on Mullen I Had to block a guy over the weekend uh from Twitter because like he's continually been pumping Mullen so I dm' him I'm like dude, you're a piece of and he's like yeah, a piece of and then he told me he's like, you know it's starting to like you cuz I saw that like your call outs have been pretty good with the zero DTE and then it came to my realization that if I don't block certain people, they get to use my call outs and I was like well I don't want you use and I told them I was like I literally.

Now have to block you because they never dawned on me that you would be using my like commentary on Twitter to make money because the last thing I want to do is make someone money who's still actively promoting scams. It blows my mind. um and that obviously piss him off a lot more like oh, he got like particularly mad Matt's realat you're such a goober dude. Some would say the number one goober in the world.

That's what I aspire to be if you look at my high school yearbook I was like one of these days you guys are all going to. you're all going to remember the day you met the world's number one goober and they're like what are you talking about I was like exactly exactly all right. So Dave Ramsey let me know if there's a video of this cuz I feel like that guy's like really really falling out of touch with the world. He's just like a boring old school investor and the stuff he pitched uh, that worked historically I just don't know if it necessarily works so much these days.

The thing I'm actively watching right now just from a serious trading point is the 10 minute EMA on this EMA Cloud This 48 does the 10. It got pushed below it, it closed below. it. Does it recover because we are just chopping sideways ever since 5 this morning.

ever since the end of like the London Market Really, we've just been sideways. sideways. little push up, little push down, bigger push up, bigger push down. So we're seeing volatility expanding, but it's really creating what's a microphone pattern: higher highs, lower lows, which is, uh, notoriously one of the most difficult patterns to trade.

because you don't know, it looks like breakouts. it looks like breakdowns. but in reality and you only see this with hindsight bias like kind of as an advantage is it's just volatilities picking up. So I'm looking at the 10-minute to see if it can get above and below hold above the 48.

but it actually might be more telling in the 3 minute here in the top left. So we pushed above that market open. Started to get smacked 10 minutes into the day. got pushed down here, but now trying to recover.

Maybe flipping this cloud back over. If it does flip the cloud back over. that would be a strong indication to me that the bulls actually have control. Things that might bolster that sentiment is the Uh options are starting to pick up in the Spy.

The options are slightly picking up in the cues, not as much as the Spy. Um, so uh, still looking for the touch of 43 630. So about a dollar high on the SP That's what. I want to see the high from Friday to see how the market reacts? All right? Oka DOI Okei Oka DOI Okei.

On that note, we should check out some of these other things. Uh, what was this Hedge funds capitulated treasury shorts to record at to record at wrong time. Um, what do we have here I brought this up for I Thought I had highed really What I want to just bring your attention to is if we start to see TLT bottom out and actually bounce. That would be bullish for the market.

If we see yields actually spiking and then coming down like truly coming down, that would be bullish for the market. However, if this is just support was found and it rips off of that not so bleno for the market. Same thing with TLT with bonds. If it rips all the way up here and gets smacked and keeps coming down, not so Bueno for the market.

So I just wanted to iterate that to all of you uh blah blah blah. The market internals very quickly before I get into this next segment. As of now, the market internals opened up. neutral leaning bearish.

They opened up neutral leaning bearish. They're not full-on bearish right now, but they're leaning a bit bearish. We are definitely getting some conflicting I guess sentiment EMA Cloud going sideways. The market doesn't know what it wants to do.

The daily chart is pointing to the upside. Seasonality pointing to the upside Market internals slightly pointing to the downside. So last week we had most of the days of last week were very evidently bullish at this point in the day coming to the 10: a.m. hour like they were evidently bullish.

Today we're as of now seeing kind of a mixed bag. so I kind of want to basically just see. um, let's call it like an opening range breakout. um of what we have.

whatever the date is cuz we see the spike at uh, well, the Spy spiked early this morning, the Q's were about 10 minutes later and then both the spy and the Q's made a low on the day. uh, 10 minute, 10 to 10? Uh, but now we're recovering off of that. So thus far I made well. You guys told me what to trade this morning at Market open quickly locked in $320 um so not at all mad about that.

Um so I do appreciate that and then from there I'm also still in a Futures trade that I'm not in love with cuz even when I did it in real time with all of you I kind of articulated how I was chasing a bit and I thought I'd be lucky I just kind of wanted to quickly get done with the trade on the day. um, but my risk has not been hit quite yet. uh, it's kind of close. it's a little bit painful I don't don't want to necessarily be dealing with it even if it were to get knocked out right now.

so I would love for the Q's to push to the upside. Um, but lesson learned. this is why I don't spy catching a bit in the world of options so maybe a little bit of gamma exposure pushing this uh to the upside. let me add an alert cuz I don't want to miss it if it breaks out okay I have all the alerts set for breakouts and breakdowns.

Uh, I'm just arbitrarily using the intraday high and low for right now. Uh, because I think at this point that'll be the interesting thing. Do we push, push down and then recover? Or are we actually going down? Uh, like I'm still seeing over things that, uh, my market internalist check. That's a little bit more bearish.

But then we know on the larger time frame the daily is bullish. The this EMA cloud has no idea what it wants to do. The 10minute is battling it out at the 48 EMA as it has been doing basically since 2 this morning. uh, the 3 minute got knocked down, pushed back up, seemingly getting rejected by the 48 right now.

but who knows your guess is as good as mine. Um, the Bears may be getting a little bit of an upper hand, but patience, patience, patience, patience. We'll see, We'll see, We'll see, We'll see. Uh, do I have my Weeble ready? I Have no.

Oh I have to update my Weeble it's making me do that now during the show. How much can one guy handle here? I am dealing with a sticky keyboard because of Celsius not because of another reason that I wouldn't know anything about. that's why my keyboard is Sicky is because I spilled a drink on it and I wouldn't even know anything else that would make a keyboard sticky I Just want to clarify for purpose. this is.

um so it's like how much more can a guy really handle you know and I have to update my Weeble now dude, it's just when's Matt ever going to get his lucky break feels like every other day I'm SC every other person's getting their lucky break and then here I am dealing with a sticky keyboard and having to update my Weeble midow after I didn't even start the show on time because I was accidentally sending it to the wrong stream key. Um, all right. Well, the Qes just broke down. Um, is the Spy about to break down the Spy going that way? We might have some profit.

This is the Spy TLT is down I wonder if this is it? Are we coming back down to this trend line? the Bears slightly gaining an upper hand unless this is a fake out watching this very intently watching this. Where's Piper dude she's sleeping. She was a little monster all night. Man, she was up like it's as soon as the sun goes down.

That cat. she's like it is time to party and we are partying now. So she partied all night all night and I assume she's just passed out these Kleenex suck at cleaning my sticky keyboard. Oh man, you guys, you guys are something else.

You guys have problems. Is that trade still open? Uh, let me see. no. My Futures trade.

literally. just like on this Wick got me out like barely got me out. If this recovers from here, I'm going to be pissed off because it like literally bottom tick it. It's one thing if it capitulates like all right, whatever.

Um, but as of right now: I am flat I am flat I am flat I am flat. All right. We'll see, We'll see, We'll see, We'll see. All right.

Let me actually check out just in terms of active trades, let's see what's going on in the cues. This will be a better setup to simultaneously track the cues as well. So the 30 minute like the Spy sideways, the 10-minute also battling with its breakdown The Q's on The Daily did show a bit of strength there. the thre minute looking a little weak, the three minute looking more weak on the Spy the 10-minute getting hit.

Whoa. watching this because if it does crack these lines, I might I assume if it cracks that my signal should fire off. um, parted all night, she might have a catnet problem. Dude, that cat definitely has a catnet problem.

It's interesting cuz as if you're a non-cat person. you've probably heard of catnip and you're like, yeah, cats like it. But it's really different when you actually have a cat and you give a cat catnip, they lose their mind. Dude, they lose their absolute mind when you give them catet.

it's wild. Absolutely wild. Matt What are your thoughts on Plug? Uh, I'm not the biggest fan of it I think there's better EV plays I think Tesla's a better EV play than plug I know it has earnings this Thursday and I'll be paying attention to it. but if anything, we're seeing, um, a very, very serious I suppose, um, slowdown in the market that if anything I think it got Amplified by Tesla's earnings call when Elon Musk came on and it's just right Now people are not choosing to spend their disposable income.

and I'm not necessarily saying this about plug, but when you have more expensive Alternatives such as Lucid or Rivium, it's just we're not in the year of 2021 where people have that extra income to spend. Um, so with that in mind, I think some of these smaller, newer EV plays Um, they're really going to be struggling into the market like truly turns around. Um I just I mean reading retail sales reports and looking at credit card, debt, student loan repayments, some of these alternative companies, it's like a well-known business practice that when you get going, you and even Tesla did did this as well. When you get going, when you get starting, uh, you kind of cater to a smaller audience of higher products, higher quality products.

uh, more expensive products. And that's where Lucid is right now and kind of where Neo is. And they just don't have the economy of scale to mass produce things that have a smaller margin. But they're fine because they're doing it at scale.

they're They don't have the benefit of something like Ford or Tesla like they're just not there as a business. So I I think they're in for a rough year I Really Do? Um, uh, is Plug an EV company Plug to my understanding, is an Upstream EV company more for the infrastructure surrounding EV So not I'm not in any way saying that plug is making EVS but they're within the world Upstream play infrastructure for it and obviously if there's just less EV it could get hit. but um, I I like I'm not the one by any means to specifically rattle off the fundamentals of plug. Like in terms of fundamentals I pay a lot more close attention to Tesla to Microsoft uh to UNH the ones in my long-term account.

I'm not a person who just expertly knows about plug Matt Did you name your cat after a shripper at the enzone and State College I did not I should have I tried to name her pork chop but my fiance was not feeling it. Uh, she was against me naming her pork chop I just thought it'd be a cool cat name I Really Do? uh I I Really? I Thought it'd be cool to have a cat be like every like oh your cat, what's your cat's name I' would be like pork chop like just the joy I would get every time of being able to explain that my cat's name is pork chop um I thought it was worth it I really did and I suppose I was outvoted I voted yes she voted no thus I lost the vote I lost the vote but sometimes it happens that way. sometimes it be it it be that way. uh I have important news I want to go over of what's going down in uh Asia right now and banning short sellers um and