Foreign. Thank you thank you Oh brother hello hello hello happy Thursday March 9th aka the day I get to go to Miami So uh, we're gonna be cutting this stream at 10 30 this morning so we're gonna be hanging out for the next 90 minutes of the Matt Cora show. and then I need to hop in an Uber hop on a flight and fly down to the Sunshine State of Florida I will be in Miami doing some cool stuff, going to a conference, meeting some cool people, doing some cool content. so maybe uh, maybe I'll see if you're in the area.

maybe I will, maybe I won't who knows I don't know how big Miami is, but well, maybe just maybe we'll run into each other folks. The market was looking pretty rough this morning until like the past half hour and then it started to go rippity skippity doo-dah because the jobless claims report coming in higher than expected. So a bad economic report is good for the old stock market. but now it's really ripping.

I mean the Spy went from 397.50 all the way up to 400. Tesla went from 182 down to 176. back up to 180. Trka somehow still in the green blows my mind.

the dollar just vomiting a little bit. We're all over the place, it's hectic, it's absolute chaos, and this is fully detailed in the newsletter. Uh, everything about what's going on right now. Um, you should just expect chaos.

Fully expect the chaos of the situation. So what I want to do to prep everyone for the day? Talk a little bit about the overall Market Talk about what you really need to know for the upcoming macroeconomic reports. The major thing you need to know is: yes, there is a Fed speech today. Once again, all this is in the newsletter, but the major thing is the unemployment report that comes out tomorrow.

So make sure you're on the lookout for all that good stuff. It's going to be very important I Want to talk a little bit about the new tax plan? just because I I Don't know. I Figure it's fun to get people in here perturbed and all hot and bothered this early in the morning. but the new Biden tax plan? It sucks ass.

Um, it's It's really, really bad and especially for people who are Traders Uh, he's looking to double the capital gains tax. So if you're in the fortunate situation of being a profitable Trader it's now going to be even more difficult. Uh, because you're going to end up getting double tax on your capital gains, which is just absolutely horrific. So I want to talk a little bit about that? and we should talk about Silvergate Silvergate.

I've done two interviews with Marco Otis and he the guy was spot on. You might like him, you might not like him, but in terms of this particular play, Silvergate calling it out. Uh, it came out yesterday that Silver Gate is voluntarily shutting down their services. Basically, it's just a fire sale, they're liquidating so that is, uh, taking a very quick Sprint to zero.

So that's what we're going to be doing today. If you haven't already hit the like button, don't forget to subscribe. It helps out with the battle leaderboard over there on Rumble and then it helps out with the algorithm over there on YouTube. So if you're watching this right now, take one quick second, hit the like button.

Don't forget to subscribe. But as a as a thank you from me to you. if you want 12 free stocks, and if you want to trade options with me, first of all, get on that newsletter. but I'm doing it all on Weeble so you can perfectly copy me uh pin to the top of chat in the description of the video If you're not yet on Weeble You will get 12 free stocks when you create the account and do the initial deposit of any amount.

Um, I Don't trade any stock on Weeble I just use it for my option trading because it's less commissions than TD Ameritrade AKA think or Swim which I still have the account and I'm slowly transitioning all of my money from there over to Weeble I Just have to do it appropriately so I can keep trading and keep the newsletter up. and yada yada yada, you all get it. But hey, with all that out of the way, good morning, good morning, good morning I Hope you guys are ready. You're Matt I'm course Together we are the Matt core show.

The number one show in the entire world. Counting all shows does. I'm not even saying Finance I'm saying this is the number one show. You guys are living it right now.

You guys might have woke up this morning thinking hey, I wonder what the most popular show in the entire world is and you guys are seeing it. This, this is it Right here. It's the show we are currently putting on in the studio. Um, so congratulations folks, we made it.

Maybe before we hop into it, maybe just a little a little coffee. What are you scared of Matt The market. Well many things Jack are you saying like specifically for today with my portfolio or are you saying in life because if you want to talk about what I'm scared of in general I mean we're gonna be here forever like I'll most likely miss my flight if you want to get into what I'm scared of we agreeing today. Good unemployment numbers.

Unemployment rate comes out tomorrow an hour before the Market opens. The report that we got this morning was jobless claims. which there were more jobless claims than expected, but not enough to really warrant a two dollar rip in the Spy This seems a little sus. The Spy quickly popped from 398 all the way up to 400.

And yeah, there were more jobless claims than expected, which is bullish for the market. and I know that sounds a little crazy, but don't forget we live in the upside down, but not enough to push the market up two dollars in half an hour like it just seems crazy. Um, your video title? oh what? I'm scared of Life man life that for if you're looking at the title, what am I and uh, markets until Tesla vomits and I'm scared life I I would argue that life is really what's happening there. um zero DTA Drive involved.

Write about it. Yeah, but not the biggest. Right now, the next week, the 17th is gonna be the big one because that's also quadruple witching. It's a monthly expiration.

So when we're talking about like big options, volatility, having like basically wreaking havoc within the equity markets, yeah, it could totally be happening today, but just by the like, if we're just comparing the size of the numbers, tomorrow is going to be the big one. Tomorrow's going to be the big Big one. Uh, scared of your completely real girlfriend I am um actually you probably don't know this. Stay puffed.

uh. but the other day I was walking around my apartment and she came around the corner and I guess girls do this thing where like I don't know if it keeps your hair wet or if it keeps it dry. but it's like this thing that you put on your head. It's kind of like a bonnet looking thing and she got it without telling me she was going to be adorning this new headpiece and it scared the crap out of me I thought there was a stranger in my apartment.

Um, so yeah, she did scare the crap out of me. very much so so. I don't know how you knew that I don't know if you're watching me I don't know if my life is another Truman Show and you guys actually watch me 24 7. I Feel like if you guys did watch me 24 7, there would be other jokes going on that I just didn't know about he rehearsed this.

If you think I rehearse anything, you are wildly misunderstanding my preparation for this show. Um, definitely wildly wildly misunderstanding it before. I Get into it now I Think a lot of the times I Sway you folks when I ask you: Is the market going to be read today? Is the market going to be green today? I Feel like I sway you because I give you my opinion on what's going on and I don't want that because you guys are my financial advisors. You tell me what to do with my money.

it's not really the other way around. So before I give you my thoughts and opinions and data on today individually and also tomorrow individually because you guys now tell me before we get into it of if you're bullish on the day, bearish on the day, Do you think the day is going to be red? Do you think it's going to be green? We have about 20 minutes till the Market opens. Don't forget we are heading into the unemployment rate. Drop the report tomorrow.

We already got one report in, so that's what's going on in real time. Tell me folks, what's happening. Are you bullish? Are you bearish? Do you think today is going to be a red day? Do you think it's going to be a Green Day Let me see your votes coming across. Uh, some people chop red green I Honestly don't know.

we're gonna pump a little MF Uh Green Bullish slightly Green Green Market Already dipped green Bearish red, red, red, Neutral. You guys are all over today all over the map today. Interesting. Well, with all that being said, let's actually take a little looky-see at what's happening here.

Um, the Spy just below 400. As you can see when the jobless claims report came out and actually I could show you that information right here I think I retweeted the results. Uh, if it loads, if it loads, if it loads right here. Oh nope, that's the tax one.

All right. So the forecast was 195, 000 jobless claims the actuals 211. So obviously it came in a little hot. It came in at uh 16.

000 more jobless claims than expected. That's a bad sign for the economy. Bad signs for the economy means there's a less likelihood of the FED being so hawkish. the FED not being so hawkish.

Uh, I.E being slightly more dovish is actually good for the market because it means that they might not be putting so much downward pressure. So that's why a seemingly bad report was actually pretty good. Um, but to me, this pump is a little dramatic just on that one report. But anyway, we could do like a full breakdown and everything.

I Just want you to know. Um, I Don't know if it's going to exist when the Market opens, but as of now, there's about a 29 downside. Gap Film once again. I Don't know if the Gap will be there when the bell goes.

Dignity ding, ding ding today, but if you're a person who enjoys playing Gatfields, this seems like a pretty easy one. A gaffle down to yesterday's high, which would be 399.71 All right, let's load this back up because I'm sure things are changing. Stock futures rise slightly as investors brace for Friday's job report, so the unemployment report comes out tomorrow. Um, that's going to be a big one.

Please pay attention and be aware of it, especially if you're training short-term options. The Down: the S P and the NASDAQ are all slightly green. So is oil trading at 77 and some change yields coming down ever so slightly. So let's see what's going on.

Yesterday was the conclusion of chair Powell's testimony. he's the Chairman of the Fed and with that it it just was really technical. Chop: We were kind of drifting down yesterday and then we popped in to close. Uh, and I'm really paying attention to the dollar not breaking out or about to break out.

Maybe it will, maybe it won't but I'm looking to see if it can basically get above the 106 because if it does, I'm looking for a rip through 107 and some change. but we popped up two days, we gave it back. We're now just like the middle of this chop and I fully explained it in the newsletter. Once again, this is free.

Sign up, Sign up. Sign up. Um, but we've been volatility going nowhere so I'm not gonna Harbor any strong opinions until we get above 407.50 or break below 392. But what you need to know is the jobless claims already came out today and then at 10 A.M a Fed member bar will be speaking today.

The seasonality of today is bullish. The Profit factors 4.31 and the Bulls have won on this day 64 percent of the a time seasonality and I know you guys have already heard my Spiel on this, especially if you're a returning viewer. But what you need to know is that it doesn't always hold true. They've won 64 of the time.

A little bit better than flipping a coin, but clearly there is still a bullish bias towards today. um, and yesterday able to lock in 110 if you want to know like what my trades are like, my close positions my new positions I opened these yesterday I Did an oxy put credit spread I did a call a QQQ called credit spread and then these are all my current positions. but once again, all 100 completely free. Check it out.

Uh, it's just the locals macross.locals.com I Just need your email and every single trading day I will fire you an email letting you know of the next day's seasonal bias, the upcoming macroeconomic reports, the earnings reports, Any important thing you should know about my close positions, my new positions in my current positions. Um, and if you have any suggestions on how to make it better I am all ears more than happy uh to provide as much value as I can? All right. So we already went over what's going on today, but once again, it is massively important to be paying attention to tomorrow. Today if I really had to guess would be a technical chop day just because we're straddling like yesterday.

we had the conclusion of testimony. Tomorrow we get the unemployment report. It comes out at 8 30 a.m ET So today's probably going to be a technical chop day. Um, it might not be.

We might have a beautiful Trend day. I Just think that the odds of that are pretty freaking low. We are now officially getting to the end of Q4 earnings report season. This is wrapping it up.

Um, just so you know. uh, after the market closes today Ulta Beauty DocuSign Gap Oracle Oracle's probably the last big one, especially in the world of tech, so maybe paying attention to that? I'm curious if they're going to say anything about Tick Tock just because that's been in the news lately. But yeah, just want to throw that out there that we are getting to the end of what's referred to as earning season. We're gonna have a couple week break and then it's gonna start up and we're gonna get into the Q1 reports for 2023.

Speaking of individual companies, this is very suspect Credit Suisse to delay its 2022 annual report after a quote unquote late call from the SEC uh, that's really, really bad credit Suites on Thursday announced that it will delay the publication of its 2022 annual report after a late call from the U.S SEC On Wednesday night, in a statement, the embattled Switzerlander said that the conversation related to the SEC comments about the technical assessment of previously disclosed revisions to the consolidation. Consolidated Cash flow statements in the years of 2020 2019. Um, whatever it is, it doesn't add up to anything good, so you might be wanting paying attention to. Credit Suisse I Have no position I'm not long I'm not short I Just want to put this on your radar because it seems very similar to recent things we've heard about Silvergate and we're going to talk about this a bit later.

but Silvergate is done so they are quoting quote voluntarily shutting down and I think just the kitchen got way too hot I think it turned into a furnace and Silvergate is about to get blown out. And we've talked about this in extreme detail with Marco Hodis in two separate interviews. And like I said before, whether you like them or don't, he absolutely nailed that play Silvergate ticker symbol Si it is just doing a Usain Bolt style Sprint to zero. It's done.

It's absolutely screwed. Biding Calls for tax on the wealthy to extend Manor Care funding President Joe Biden This week called for higher taxes on Wealthy Americans to extend Medicare funding as part of his 2024 budget. The plan would increase the net investment income tax to 5 from 3.8 for earnings on more than 400 000 including regular income, capital gains, and so-called pass-through business income. However, the plan is unlikely to pass the Republican-controlled House of Representatives Now I Understand, some of you in here might be supportive of Biden on social issues and hey, that's all up to you.

But if we're just talking about business money Finance This tax suggestion, in my humble opinion, is very, very stupid. It's horrific, it's dumb, it's not thought out, and I'm very happy that the Republican-controlled House of Representatives will most likely stop it. Here's what you really need to know about it. This is a better tldr from uh, tick tock tick.

So the new taxes proposed by Biden corporate tax increase from 21 to 28? All right, Maybe you don't care about corporations that might not impact you. taxes on individuals and couples making over 400 Grand raised to 40. All right, you might be like, well, they should pay more. All right, That's fair.

This is the thing that I think is really going to jump out at you. Double the capital gains to 40 percent? That's nuts. And once again, just to be fair here: 25 tax on anyone with net worth over 100 million. So I think a lot of these, especially the second one and the fourth one.

they're for high net worth individuals. But for Traders and people who like you're like no, I'm trying to make money off the market, your capital gains tax getting doubled doubled and also like I would actually go another level this corporate tax that's gonna do nothing but Chase businesses out of the US If we're trying to be more competitive on the like Global level and we want to attract business, you don't want to jack up your corporate tax rate by nine percent because that's just going to force businesses to go elsewhere. I I Understand, like we're not really here to debate the second one or the fourth one. That's for pretty rich people like whatever like you could have your thoughts on that Like it's not for the point.

It's not going to be impacting most of us, but in terms of us individually doubling the capital gains to 40 and I'm assuming that this is going to be all forms of capital gain so we're going to be, You could talk about real estate. You could talk about equities like that's that's kind of wild and then corporate taxable on a global scale. Like we want more business in America That's better for everyone who's in America and this will do nothing but chase people away. They're gonna be like, okay, cool, it's gonna be.

Instead of paying this nine percent, they'll just go elsewhere and establish their headquarters there. Um, so will this pass? Probably not. Probably not. But it's just a stupid plan.

It's an absolutely dumb, idiotic plan. Should we help with Medicare Yeah, of course we should. but this is not the way to do it. Absolutely not.

Uh, since Medicare was passed, income and wealth inequality in the United States have increased dramatically. The White House said by a factory by asking those with the highest incomes to contribute it modestly more. We can keep the Medicare program strong for decades to come. There's probably a better way to do it.

Maybe don't just like piss away money on all the idiotic stupid things. you're already pissing away money. Here's a crazy thing. just just throwing this out there.

Maybe just maybe some of the billions that we spend on Ukraine that really, no one knows what's going on. Or maybe the trillions of dollars that's unaccounted for by the Pentagon or whatever. Just maybe those could have helped with. Medicare I know I'm just like the crazy person throwing out those suggestions, but I could count a couple billion that maybe we didn't need to give to Ukraine Or just have we ever found out where the trillions have gone? Like literally right now.

And I'm being a little facetious here, but there's trillions of dollars missing in our like Pentagon balance sheet or something. like just no one knows where it is. That's insane. Maybe that could help with Medicare I'm not against Medicare by any means.

In fact, we probably need a stronger Medicare system, but I'm just saying. maybe we should look at the government and their mismanagement of money before we go to these individual people who are most likely successful business people. Like: why are we trying to piss off the entrepreneurs or just whatever these families are And could they pay their fair share? Sure. I'm all for that.

and they're taking advantage of loopholes. We should probably clean up the loopholes, but my issue is why this is what I mentally can't get over. Why are we always so willing to say that rich people need to pay more? And hey, before you freak out and be like, well, are you against rich people paying more Okay, no, we could do it, but why not? First fact, check the people who are managing the money if we're asking rich people to hand over more money which I could agree with you on that one. Why not ask the government to be better with said money I Like I want both to happen like we can't continually ask taxpayers to Fork over more and more and more money without properly looking at the people managing the said money who, if anything, have proven that they manage our money like they're drunken Sailors that just walked into a casino for the first time.

better money management and then I'd feel more comfortable handing over more money in taxes. But if anything, our government left and right. I'm not picking on one side. I'm saying both.

I'm saying the government in the whole as a whole has proven nothing but absurd, wasteful spending of our money. Let's watch this. I Don't know what this is all about, but let's give it a listen. President Biden Plans to announce a plan to increase taxes on those making 400 000 or more a year as well as small business owners and pass-throughs.

Robert Frank Joins us now with my guests. You know, just recent history. Robert You should get right up to 399. you know what I mean if you know it.

if you are able to ask your employer for an exact number of what you want to get paid, I mean four hundred thousand the minute you're there, They want you for everything, don't they? Every single thing they they suggest is is that 400 number. It should be like retailers: 3.99.99 It's a marginal tax rate, so it's every dollar above four hundred thousand. You're right that then don't stop there and take off in uh in August and just go home. This latest plan: There are actually two tax hikes as part of this: Medicare Plan The first is an increase in the Medicare taxes.

For those earning more than four hundred thousand dollars a year, that tax, which is split with employers would go from 3.8 to 5 and it would not be capped by income. So tax analysts say, basically, this creates a new top federal tax rate of 42. Now the bigger change would be applying this tax to active business profits. Right now, business profits from pass-throughs Partnerships are not subject to this niit tax.

A growing number of lawyers accountants Real Estate Investors celebrities, money managers. They label more of their pay as business profits rather than wages to get around this tax. Biden Calls this a loophole, but proponents say closing it would hurt a lot of small businesses. It's expected to generate over 200 billion dollars in Revenue over 10 years.

Now Sources say Biden may also consider increasing the top margin. Does no one see issues with this estimated combined top tax rates? Federal 44.6 California 57.9 New York City City: 59.4 out of every single dollar you're making, you're not even seeing half of it. Does no one find that crazy? What the? You're not even seeing half of it? These are the numbers that you hear in I guess economies where your health care is paid for. Or there's like it's single-payer healthcare Things like that, But we don't live in that world.

We don't live in that world at all. So you're not getting half of the money and then you still have all of your insurance bills. You still have just the general increase of all of your bills related to inflation like that is mind-boggling If you work eight hours a day after your taxes, it's essentially as if you work three. What? Like That's crazy.

No tax rate from 37 to 39.6 If he does, the new top federal rate combined with the Medicare increase would be 44.6 percent. That means if you live in California you're combined state and federal would be 57.9 percent. And if you live in New York City the city, state and Federal would all add up to a top rate of 59.4 percent. That's disgusting that that is really, really crazy.

Five things to know before the battle goes: Dignity: Ding ding ding Today Thursday March 9th March Muddle Well Mark has been all over the place. a little up, little down. looks like it. it's coming a little down right now.

Well it's just technical top. So we sold off two days ago. chopped yesterday. My best estimation is that today will be a chop.

Maybe a little bit of a bullish bias and then everyone's going to be preparing for the unemployment report. Silvergate melts down. Market has called it out. We've been on this story now for like a month, Month and a half.

Two months. Silvergate S.I Screwed And we were talking about how it was probably one of my favorite shorts in the market. Um Norfolk Southern CEO Faces Senators I Guess another one just ooh Norfolk Southern CEO Alan Shaw is set to testify at 10 A.M ET before the Senate panel. Oh, I Kind of want to listen to that a little bit.

Uh, maybe even just for like, do you guys want to listen to that even for like a half hour? I Mean at Max it can only be a half hour because I have to drop to catch my flight. Um, but that could be interesting. Alan Shaw Norfolk I I Believe another one just literally derailed either this morning or last night. Uh, that will be nuts.

Uh, WWE's Gambit Um, we get legalized betting on scripted matches That doesn't seem like you should be able to do it. Russia's airstrike hammers. Ukraine Obviously that is continuing on. Alan Shaw North Folk Yeah, No.

Okay, I do want to listen to that. And obviously Silvergate Crypto. Being Silvergate announces voluntary liquidation, it has one of those vibes that if it wasn't voluntary The Regulators were about to screw them over. It kind of has one of those vibes.

Um, so Silvergate ticker symbol Si done. And a lot of people are trying to talk about it being like a short squeeze and this and this and the other thing. and as Marco is so eloquently explained. No, not, you shouldn't just be buying things because it's shorted.

Some companies are legitimately shorted for very good reason. I'm not against shorts I'm against manipulative shorts I'm against these shorts that are doing it with absolutely no reason without a breakdown of the situation. But that wasn't Silvergate. Some companies deserve to be shorted because they might be lying like lugging coffee like Silvergate like some of them are absolutely full of.

Some of them are just penny stocks that are getting pumped for no reason, such as Trka which is somehow still alive. But Trka, it's gonna end up going back down if I had to really throw out a strong guess there I have no Trka position if you're in it. I Don't mean to offend you, but I don't think it's going to end well I Think it'll do nothing but produce more and more bag holders. You can make money on it.

Obviously, you can make a lot of money on volatility. Um. but I just I want you to be careful with it. Rum's been doing well.

actually. two. What a day. What a day we have.

All right? let me make sure that I don't blow your ears out with everything. Uh uh. be careful with Street Beat. They do not show your day trays or or take your or when you take your last one they just lock you out of your trade.

Um I think there is a way to see it but I'll ask him to make it more evident I'll ask him what's going on there. but also you should be adult and know how many day trades you have. uh AMC deserves to be shorted. In my opinion.

They're burning through cash and hey, that's the beauty of the market is you're able to express your thoughts and opinions by doing what you do think is appropriate or not like. That's what's so cool about the market is we all have our own thoughts and opinions and if you so choose, you can put your money where your mouth is and try to back up your opinion. If you're right, you'll make money. If you're wrong, you won't make money all right.

Dignity ding ding ding. The casino is open. Best of luck to all. Play responsibly if not, have fun.

All right, let's see how this is going to do. Very quick check in on the account. Uh here. I'll show you guys this.

um the account currently trading at 10.6 000. Uh, the oxy vertical up two cents, the Q vertical down one cent. the other Q vertical up eight cents Nvidia is down. What's that? 18 cents? Um, we have.

Wait, what is. Oh, apparently that's my Apple stock. meta is down three cents. Meta: This one is down.

Actually a lot. That sucks. Um, this is the one that I'm most worried about. the 190.

the Walmart is actually about to take profits. It's um, I don't know if you guys can see this. I'm in at 20. I'm trying to take profits at eight cents, so that'll be a nice 60 gain.

Uh, right here on coin. I'm in at 50 trading at 55 and this last one that you can't see I'm in at 55 and it's trading at 64.. So overall, sitting good. I'm happy with what's going on if you want to tag along and do exactly what I'm doing on.

Weeble In terms of the strategy of call selling, I'm trying to show you that you can most of these positions you can make with just a hundred dollars. And what's so nice about Weeble is their commissions are extremely low. In fact, they have no commissions for options trading. There are other very baby commissions I found just from like the OCC and the SEC and blah blah blah.

But if you want to check it out pinned to the top, chat in the description of the video. In fact, you're actually going to get 12 free stocks when you sign up with it. and I wanted to do a quick review of that and I also wanted to do a review of my strategy so early this morning. I Caught this pop right here I went long.

How did this go? Uh, it went long at 12 189.50 took profits at 12 242 and just to put my money where my mouth is I Wanted to show you guys the success and or failure of the robot. This is all purely robotic for the month of March I Know this is a little small, but in the the top list it says March 1st to March 9th and this is how the I just have one robot running right now with my own money on it. Um, and this is how it's been doing. uh thus far it is up 1800 in the month of March And here's what the equity curve looks like.

So it started off. um, lost some money, lost a little more lost. The first three trades were bad, then it ripped, and now it's just been kind of a little sideways but drifting up. But this is a look at the equity curve.

So in nine days, not nine trading days and nine just calendar days up 1800 on one micro contract, not even trading a mini. Um, so I I like it I'm still in the testing phase. There's still things that I want to get like kind of figured out I think there are clear ways to improve it but I just want to let you guys know. but uh, just because we've been talking more and more about systematic training I wanted to let you know how my system is currently performing.

Uh I would love for Tesla to crack here I need Tesla below 175 would be nice. Um I'm expecting I Really think today is going to be technical chop. The seasonality of today does favor the Bulls Uh, but I want you to know that commonly when there's uncertainty in the market as in when you're about the day before, big earnings or not an earnings report excuse me unemployment report sometimes you see some apprehension so that could be a little bit more bearish. but then with the seasonality of today, that is bullish.

So like that's why I'm calling for technical chop. Um, there's a very good chance I'm not making any trades myself today. I'll probably just be kind of sitting around like watching how things play out. Maybe there will be an opportunity that presents itself.

but I think today is going to be more of waiting around for that opportunity, but mostly preparing for tomorrow. Um, so want to throw that out there. government employees are the problem. They all need to be fired.

Well why aren't they trying to hire what 88 000 or 80 plus thousand new IRS agents? It feels like they're adding more to our government. Kind of crazy. Can you check the short interest on Freq? Yeah, let me look it up really quick. Uh Freq F R E Crew I I Need to remind you if it is or isn't shorted.

That doesn't mean it's a good short. Squeeze Play And this is a, um, a biotech company I Feel like we've all kind of learned our lesson from this? Uh, the short interest is 4.83 and the utilization is only 19. The cost to borrow is 1.49 Uh I'm am I Looking at the right company, this doesn't seem to be shorted at all frequency Therapeutics Uh once again, utilization 19 cost borrow 1.5 and the estimated short interest is 4.83 Uh, Freq not shorted at all. This is just a company.

Yeah, no this. Well, the Short's probably covered when it all got destroyed here. This did not fall because the shorts I Bet it was like it either had a poor data. Maybe a placebo test failed? Maybe the FDA denied it.

Whatever. Like This is just. um, this is the life of like I Guess it's technically a biotech play a Pharma play Medical supplies play. This is how most of them go.

It comes up to a binary event of either getting approval or not a good test, a bad test, blah blah blah, and most of them end up failing. So this isn't shorted. This is just like a company that ended up unfortunately failing. And um, that doesn't mean you buy a trap shop, you just became an astronaut I Thought you've been here for like ever.

Uh, band says 2023 Shout Out Pizza uh yeah, What's up with the Weeble thing? What? Weeble thing it is I butt stuffer in your humble non-butt stuffing opinion, what do you think Trk is gearing up for another push? It very well could. um, but eventually this Falls like I think the way to play it is to wait for it to be like okay, this thing is about to get tilted and push off a cliff. That's the play. Not looking to squeeze out a couple more like percentage points of the upside, it totally could go up to the upside.

I Don't know when this will fail, but I think the odds very much favor this thing getting its teeth kicked in. I There's no part of me that would really think at this moment in time. Going along on Trka is a smart statistical play. It might end up working out like who knows.

Maybe Trk rips a gazillion percent. Totally possible. I Just don't think it's a smart statistical play. All right Meta: Meta's pushing dude.

I'm I Really need Meta to come down? This is the one play that I'm worried about right now is Meta 190 for next week? Dude, it's getting a little too close I I need the Spy to come down I Would love for Tesla to come down. Is the dollar falling? The dollar is falling I Need the dollar to pop Oh man oh man. Make a green red pull every day and collect the data of whatever. Chat was right and at the end of the day so we can use chat as an indicator either as an inverse chat or a normal indicator.

I Kind of like that I Kind of like that Matt weren't you against Weeble Not long ago? So uh, yes and I that's why I don't trade stock on it. This is a very nuanced thing and I found that the internet is really not a nuanced organism. You can never avoid payment for order flow. when you're trading options.

It doesn't matter if you're on. Robinhood Weeble Interactive brokers think or Swim Um, it doesn't matter if you wear training options, you are engaging in payment for order flow. There are no if ands or buts about it. So if you're never going to avoid payment for order flow when you're trading options, you might as well just trade options where it's cheapest and as of now, it looks like it's the cheapest on.

Weeble So it's honestly that basic. How about AMC Nape? thanks? Matt What about them? They're boring. They're not doing anything Adam Aaron is a charlatan I still have my AMC I still have my ape but I think Adam Aaron is a charlatan I think he has like, intentionally, uh, used his position and the fact that for whatever reason the community seems to put him on a pedestal and he's used that to Simply line his own pocket. Uh, the CEO of T RKA made it clear that he will dilute later.

Yeah, I mean it's going to get deluded. They're going to sell stock, they have um warrants that are going to get executed. uh trk. I Very much disagree with anyone that thinks it is a long-term investment.

There's no legitimate argument that it's a long-term investment and why remain in AMC Um, because of my position within the community because of how much I've talked about it in the past. Uh, if AMC and like the same thing I own I still own Gme? Um, it's because of my history with it and like the social media aspect of it. Um, but I don't necessarily like if I had if this wasn't involved with content, if it wasn't a cultural phenomena at all. Like if this was just a normal investment for me like in my long-term account I wouldn't still be in it I actually would have gotten out of it when it was ripping Circa 2021 Um, but that's why I think of AMC and Gme as like a completely different play.

Um, to me, it's not a normal investment. It has like there's so many other psychological things that have to be considered and that's why I'm still in. It is because of the consideration for all those things. Bruh my 2.54 NT RK Gonna Moon I hope it does.

I hope you guys make a lot of money. I Heard a rumor that Adam Aaron poops in the shower. He kind of has uh one of those vibes of like probably has like those assisted shower things I don't think he's like the most like physically fit individual we've ever seen. um do you still keep in contact with Trey No not at all.

There's no reason for me to speak with him at all. Trey's done some like pretty messed up things and I'm like he should be out of the community. he is out of the community. he quit.

um but no. I actually think he's kind of scummy. Uh so you're under the impression that nothing will ever happen with Gme and AMC when did I say that? Are you listening to my stream or someone else's Because when did I ever say that nothing will happen with Gme or AMC I hope it does. Did you code the robot yourself on the Futures Market yeah that is fully mine.

uh Wolf Husky became a bot fighter. Shout out. All right I need the Spy to fall I need Tesla to fall. Trka is falling but unfortunately the dollar is falling.

If the dollar Falls there's a good chance the spy and thus the overall Market could very much pop. What did Trey do? uh traded many many things that I don't agree with but I would say. Namely, there were at least three videos where I was like hey man this is wrong, you're per you're promoting false information and they would just keep the video up I would explain it to him and he would make a video of like oh sorry I got that wrong like Matt explained it to me and then he would still keep up the original wrong information. uh because it was getting him views so like to me that's super greedy.

He didn't care about getting out proper information because if he did he would do the correction video and get the like first one. he would take the first one down but he didn't because he was greedy and he wanted the views and he wanted the money. Um so that's it. Uh I mean he was horrifically wrong.

Like he was telling people that somehow buying puts would push AMC up. That was just a stupid idea from someone who doesn't understand the market. Uh he tried to call out me Kevin and myself about ape and he was fully wrong on that because once again this kid just joined the market. He started trading in like October of 2020.

this isn't a person who has many years in the market and studies and researches and not at all not at all. He was new and he didn't know what he didn't know and he just showed himself to be greedy foreign. He was wrong on almost everything I mean I don't know how to quantify that but he was like all he was was a hype. dude.

it wasn't like he was giving information about the market, he he just people liked it because something crazy was happening and he would scream and yell about it and there is a big appetite for that. I mean for example, some of the biggest streamers in the game right now. someone like I show speed. That's what people like.

They like that chaotic nature. They don't know what's going to happen next. So like as an Entertainer I mean he's very very good. He entertained a lot of people, but that's the question is okay, are you going to someone for entertainment or are you going for them about knowledge of the market and he accrued a large following from being very very entertaining I'll give him that.

but then people thought because he had social credibility that he also had like knowledge of the markets and he he just really didn't Um I mean that's all anyone wanted out of yours for Trk hoping your status would Elevate the play maybe but Trk. So the reason why I found Gme and AMC interesting. It all comes back to the fact that the buy button was taken away. Um, you're gonna have people like yelling about synthetics and Ftds and dark pools and all that.

and once again, it's people who don't know what they're talking about. So many people that and moan and complain about dark pools. They can't tell you what a dark pool is they like. They start to push fictitious things like dark pools don't have an impact on price.

Yeah, they do because it's still a trade. All trades on dark pools hit the time in sales tape like and you can see when a trade is executed on a dark pool. The world knows about it, but people don't know what they don't know. and I think they're over complicating it.

They try to talk about things that they literally have no clue about. Why not just keep it basic, why not just be like, hey, it's super weird that very popular brokerages took away the buy button only allowed people to like close it and they're almost getting away from just like those core. Basics And Trk it's a penny stock pump and dump. Gns, Penny Stock Pump and dump Mullen Penny stock pump and dump Gtii, Penny stock pump and bump clove bbig.

We can go on and on and on. There are many things that are we like we could. just. I should keep a board here and we should just keep listing all the penny stock pump and dumps.

That's what it is. Penny Stock Pump and Dumps That's what Trk is you can make money on. Penny Stock Pump and Dumps Just because something's a pump and dump doesn't mean like that. You're not allowed to make money on it.

but it's just more of a style of play and you have to know what you're engaging in to properly make money on it. If you think Trk is an investment, if you think Mullen's an investment, if you think any of these stocks are investments I want them to work out for you I don't want them to cost you money, but like to try to trick other people into thinking it's a good play, like you're just smoking something. Uh, so do you think AMC is being manipulated I would need your definition of manipulated like like in what? Avenue do I think that AMC is being manipulated in dark pools. Well once it like how like if you're trying to say well, people are turning AMC on dark pools and that's not impacting the price.

so they're They're selling it in the open market and then buying it back on dark pools and doing it over and over again. No. I don't think that like there's no short ladder like this concept of manipulating it in a dark pool by like selling it on the open market and buying it back there and doing that over and over again. or short ladder tax.

That's idiotic. That's so so stupid. Um, and if maybe you just heard the terms and you're like, well, hang on it sounded legitimate I'd be more than happy to talk to you about like how it's just financially silly to think that anyone's pulling that off. Our system is too complicated and it would take an infinite amount of money to do those types of things.

And then if it was possible you have players such as BlackRock who are long on those stocks, they would just do the opposite. If that's possible, that's like an infinite money cheat glitch. Um, so you'd have to be very specific in your question of like do I think XYZ is happening like for example I think it supersus the buy button was taken away I Think it's weird that we're still on the threshold list I Think it's weird that there's spikes in Ftds that are never like really publicly addressed in terms of like informing the public of how they were fixed. Those are all things that I have like problems with.

but like the rhetoric, the very minority of like whiny cult members. uh, they go on about like asinine things that like tokenized FTX Securities that were then used by Brazilian Bdrs and head and dark pools. They're just like whiny little keyboard Warriors Who don't know what they don't know? They are intellectually unable to understand the system that they're working in. They they say about like odd Lots Well, they're training them in odd Lots So there's no impact on price like they just sound dumb and they are dumb.

They don't know what they don't know and instead of saying okay I'm new to this and I'm going to study and I'm going to figure out what I don't know and like actually put in those efforts and the steps and the Reps um they learned one thing that they read on Twitter Twitter or Reddit they think it's right and instead of continuing to study and like look to experts in the field, they would just rather argue with those people I mean and I'm not saying I'm an expert, but I'm at least smart enough to know that I don't know a lot of things I am actually I think that's one of the biggest benefits you could ever have in the market is being like wow I have no clue about XYZ and then you find an expert in that subfield of XYZ So for example, if we're talking about dark pools or if we're talking about any of that market structure related thing, well fortunately we have an expert. his name is Dave Lauer he worked it I talked to him endlessly I've interviewed him endlessly to learn myself and then I share all that information with you I'm no expert but I'm at least smart enough to know that I'm dumb and I need to go find people who are experts so I can ask them are very specific questions but people don't want to do that, they don't want to hear it. They would rather tell Dave Lauer he's wrong and go suck Adam Aaron's dick and act like he's like the like literal second coming of Jesus Christ and he's not I Mean all indications show that Adam Aaron is in this for Adam Aaron If Adam Aaron believed in the company, why would he have sold all of the stock he had at One Moment In Time Why Why would he go against what shareholders want? Shareholders didn't want him to continue to loot the stock, so he created it ape which was a roundabout way at dilution. Why is he now talking about Ftds right when he needs us to vote Yes on something that's coming up on March 14th.

He's now just talking about Ftd's folks. it is March of 2023. and this is the first time Adam Aaron's like okay I talked to Finra and they're gonna like look into this like FTD thing. we're going to look into the threshold listing.

why are you doing this two years late? Like what the like? There's no one see that and it like drives me absolutely crazy because people they don't see it, they are like the cognitive dissidents going on in this situation is dumbfounding. It truly truly is. But we'll see how it goes. I very much believe that this the group that I'm referring to is a small small minority and I have faith in the average person doing enough of their own due diligence.

Um, doing enough of their own research, having very much just having a brain like it within their skull that they're like I'm not going to argue with these people I Think that the average person's like, you know what? I know what's going on I've done my research I know it's like happening and they just choose to no longer engage on like with these like dimwits. That's what they are. Um, it takes a special type of person to be able to sit there and argue all day every day on. Twitter about things that they don't know about.

And I think people that are like I think they're just adults and they're tired of it. like I think the average person recognizes that it's simply just not worth their time. They're just gonna be like, you know what? Uh, they could go off like I have a job I have kids I have a wife I have like I'm going to the gym I'm going on a run I'm gonna learn more about the market I'm going to learn more about options trading Futures Trading Systematic trading. Um, they're just not going to argue about asinine things.

so that means that you have a very small loud Echo chamber is like what you're left over with. Uh, there were tons of times that Adam Aaron acted in bad faith for the investor. Could be wrong, but I got out after a few of those I agree with you. Another time when AMC put out the notice, expect to lose a lot of money on this price when it was high.

yeah is NVIDIA finally bucking the trend of QQQ unfortunately it seems like it is I was actually hoping that it wouldn't oops sorry I was going to cuckoo um I need Nvidia to stay below I think like 260 270 what was the position Nvidia and video and video I need it below 270 and it's still showing strength. So I thought it was going to get smacked because I noticed that I thought it was a little bit anomalous that it was doing the opposite of everything else. Or who knows, maybe it's leading the way. Maybe semiconductors are leading the way because now the cues are starting to bounce back up.

So maybe Nvidia was like the leader in it I don't know. I'm getting screwed over right now and I guess today I'm gonna be a little bit of a wash day for me and I think it should be mentally a wash day for a lot of us, because what really matters is tomorrow is the unemployment report. Whether the market gains a lot today loses a lot today, or is absolutely neutral, it doesn't really matter because everything could be expounded upon or completely given back simply because of the report tomorrow. So for me, this is not the day where I'm like building big positions or doing anything crazy because I want that information from tomorrow? Um I I I Hope I have the patience to wait at least one more day to make more informed decisions with my money.

With binance buyout, Are you going to get anything out of your Voyager position? I Believe it's going to be very small. Uh, you'll get one AMC for every ape. Yep, the conversion is one to one. What do you guys think of Lucid: Motors Um, my opinion on Lucid is right now the environment for Ev and really the overall Market's not that good.

So I'm if Tesla's going down, it's going to be very difficult for something like Rivving or Lucid to do well. and the recent earnings have been pretty bad. Uh, Rivian and Lucid like the smaller, newer players in the world of EV have been missing on all their metrics. So like I don't think this is a solid time.

My opinion: This is why I trade Futures instead of options. so I can earn interest on my holds instead of losing value. What? Futures Are you trading that you are earning interest? What are you talking about? Joshua I've traded a lot. a lot of features like you're not talking about the S P or the NASDAQ or like you don't get paid interest for trading futures or those.

Futures I was like. that's why I'm asking you what Futures are you trading that you're also earning I Know you from a video with Andre Drake you said you're all in on AMC Uh, I have I have my AMC folks, my AMC and a position in Gme position is all public. It's on public like it's publicly available so you can know if I'm buying or selling I'm telling you I'm not buying more. why would I buy more? but I'm also not going to get out the position that I currently have.

It's gonna just sit there and I you know I'm preparing for the worst. but I'm hoping for the best I want it to go up even for my own selfish reasons because I want more money. but also I'm not going to get out of it because it and this isn't smart. This is emotional.

This isn't logical and you shouldn't be emotional in the market, but it feels like it would just be like a little like backstabby on the community. and I don't want to do that. So I'm going to hold my shares. uh, it's still intrinsic and extrinsic value for futures kind of.

but you don't earn interest. Uh, the haters want to know the size of the position? Oh I truly don't know it off the top of my head I know it's more than 1 000 and I know it's less than ten thousand between AMC and ape like it's in the mid four. Figures it's something like that. Um I don't I truly don't know it off the top of my head I Know it's a four figure amount.

so less than ten thousand shares more than one thousand and it's like roughly somewhere in the middle between the two of those. Uh, you did always say you would write that to zero that Yeah, the current position I have that you can see on public I'm just in it I'm holding it Matt I backed up the truck on booze and should I hold or sell short? Um I think you should hedge your bet by getting calls on all that situation. Sometimes a reverse split in some companies have too many shares and before Bull Run they reduce the share count. Uh, that has happened.

but most reverse splits have been met. The announcements of reverse Blitz have been met with bearish price action. Most of the time, when you're doing a reverse split, it's to avoid being delisted. In this case, that's exactly why they're doing it.

Adam Aaron has said it himself. Actually, on the earnings call, he's like, hey, we don't want to run into listing issues on the New York Stock Exchange That's why they're doing a reverse split because they don't want to get delisted when that's your reasoning for doing a reverse split. Well, that's not good. That tells the world that even the management is worried about the value of their company.

Uh, I already have lost 60k in AMC I'm holding on to the end of the break or whatever I mean I lost like I'm currently down like 600k. Um, obviously not on just my equities position. I Traded a lot of options on AMC a lot of options on AMC and that's where a majority at one point in time I was up a lot of money on option AMC options and then it just went South ever so quickly. So when you count, uh, most of my losses are from options.

um, but also some of my I think my cost basis is in like the 30s or something like that right now. So I'm obviously down on that as well. 600 can unrealized gains. No I'm saying like legitimate losses like legitimate losses if I looked at this swing from my Peak all the way down.

now that would be doubled up because at one point on my calls unrealized I was up like six or seven hundred. K. So if you go from that Peak to like what I'm actually down like it would be a swing of over a million which I don't like to think about because it makes me sad because that's a shitload of money. but that's life right? It's a story I mean it makes me sad and depressed right now about how dumb I was.

Um, but it's like I don't know. it makes like I guess on like a very very real note. Yeah, like it blows. like it really really really really sucks.

Um, that's life-changing money like I don't know where my life would be at right now if I like was smart about it. Um, and does that emotionally prompt me to have more disdain for Adam Aaron because I view him as making poor decisions without a doubt. without a doubt. So if you're coming to me as like a non-biased party, unfortunately I can't give that to you because I bring that emotional baggage with me.

So I know that so many people like me fought for the survival of this company. We fought for the SEC to look into it and it all went South and then we're being just told stupid things like when you have that kind of a loss especially at my age but I think it would be true at like literally any age of your life and then we're like the guy tries to lie to us and be like oh no, dilution's good the it is hey man hey The Hundreds the thousands of hours of content I made surrounding the AMC story the Gme story trying to teach people about it like yeah I feel like I was taken advantage of and now like he just continues to lie and like just push things of like oh this is good good this is good dude. don't piss on me and tell me it's raining like the guy's full of and I should have known it. So yeah I Feel stupid I Feel stupid because it cost me a shitload of money I Feel stupid because we somewhat put a faith in a person who is a suit and we know we should never trust a suit.

There's so many things that went that like it like it is legitimately an embarrassment on both a like human level of like having faith in a dude who was like a piece of and then also just being so incredibly dumb with my own money like and it's honest. like I wish I could sit here and be like folks I destroyed it I made so much Goddamn money I traded it accidentally I got in at the low I got it at the high yeah because I I streamed it all to you and I'm not going to lie to you guys about it so like it's an embarrassment because it wasn't something that I just handled like tens. Hundreds of thousands of people know that like it was not just a personal embarrassment. it was a very public embarrassment to everyone and all I can do about it is like man up like you just have to man up and be like oh yeah no I seriously that one up like I I can't hide from it like there's video evidence of it.

It's still all very public so all I can do is man up like you pick yourself up and you go on to the next one and you try to make better trades and you try to like question all these suits who like are trying to act cool now and be like yeah I know like we're super into it. um and that's right away why my detector went to like a million with now the the CEO of whatever um of mmat Well technically it was trch of trying to be like in The In Crowd uh the CEO of Gns Right now it is an immediate red flag when I hear the CEOs of a company being like Oh yeah yeah no like we're being manipulated and we're helping retail. All these who are saying that they're they're on the side of retail. Like you need to show me clear clear evidence of what they've done and not just what they've recently said they're they're all trying to catch a wave.

Like does no one see that that all of these CEOs were like no, we're on this side of retail retail supports us and like we're being manipulated. Maybe and I hope that they're being moral but I am now starting in a position of you better prove it to us and not just say the right things and not one of these people have done it. Not one of these people have done it. um this Trka thing.

it's frustrating but like it's it's a company Mullen their CEO is as sketchy as they come like no one thinks to look into these people Mullen the CEO like it's concerning. honestly CEO of Trca it's little bit sus and I'm not saying it necessarily makes him a bad person but like I'm not, we don't There's no reason for the retail Community to start in a situation Ground Zero should not be like oh we just fully trust them. These people are doing it for a reason and most likely that reason is to line their own Pockets Most likely that's why it is and that's where I start now and it's just like hey, as you fumble your way through life, you're gonna learn some brutal lessons and it that brutal lesson is going to be made exponentially worse if you don't actually learn something from it. So what I've learned mainly from this big debacle is sometimes we're putting faith in these people and we're almost looking at them as like a financial savior of sorts and to me that's of like oh no like this is gonna be the guy that helps us like finally get that Financial break we need in life and that's what I still see going on uh with Adam Aaron and what's gonna happen in my mind I don't know I can't tell you the future but I think it's going to go the way of Ryan Cohen uh at One Moment In Time because of Gme everyone was riding with Ryan Cohen like this is the guy, this is the guy and then look at what happened with Bed Bath and Beyond he sold into everyone.

He made himself 60 mil and all retail that supported the play got screwed over. If you ask me how this all ends is a lot of people already distrust for Adam Aaron for good reason and I feel like that final group that's been holding out because they they put him on this pedestal. mentally. he is their financial savior.

They're not looking at him as like a normal guy who has like normal whatever psychological inclinations for greed or yada yada yada. he's the symbolism of Financial Freedom and they don't want to give that up. They're holding on to hope and one of the hardest things to ever break is hope. but he's gonna end up breaking it himself when there's something undeniable that he does such as selling all of his AMC stock which he already did once and somehow he like it remained unscathed.

Um, he gifted all of his like a bunch of his stock to his son. is his son even still holding I guarantee if I had to BET right now I would bet my net worth that his son sold out at least a portion of his stock he gave it to him so it wasn't publicly available information if the sun sold or not but if like someone should ask that truly in the earnings call I would love for someone to ask Adam Aaron what did your son do with the stock that you gifted to him I bet he already sold all of it like that's where it is Like whatever I think it's one of these things where let's just trust these people. As far as we can throw them, they're in this for them. Why can't we be in this for us? Um, sometimes our efforts could align, but that doesn't mean that we have to fully trust them a hundred percent of the time.

That's just idiotic foreign. Are we missing the Norfolk Southern thing? Uh, does this mean that the moas is not possible anymore. The moases was always like statistically like unknown like how do you possibly do that if I just had to guess I was it's never zero percent like there's a shot. but like I don't like people act like there's an overwhelming shot.

they they like in their minds. they're like there's a 95 chance this works out and I'm just like how'd you ever get to those odds like how did they ever ever break that down Um I don't know how like I don't know mathematically how I could sit here and like put in odd scenario on a squeeze. Is there 100 chance of a squeeze? No. Is there a zero percent chance of a squeeze? No.

It's somewhere in the middle like it's between those two numbers. Not a zero percent, not a hundred percent. Neither side of this is guaranteed. I don't know how it's gonna go Uh, in the spirit of Dave Lauer interview, what is the dart pool so we can we trust a I don't trust them I mean you can.

It's up to you. we