Down. It really does seem like Citadel has sent someone to screw with you to knock you off your game this early in the morning. So this guy, he's stair-stepping right away I just grab him I'm like hey buddy and that's a joke I didn't grab them I actually put him in a headlock and I was like are you from Citadel and he's like what I was like are you from Citadel I was like are you DSS if you don't know who DSS is, it's the current leader on this particular stair stepper. So there I have I'm giving him a Nuggie I'm like are you DSS what is Ken doing? Are you glad? what's going on? Why are you messing with my stair stepper? And obviously one thing leads to another and they're saying that I'm not invited back to the gym and I somehow broke the rules and you're not allowed to assault people on a stair stepper.

It really does feel as if Citadel has sent like a highly Athletic plant to screw with my stair stepper. Oh how much you benched bro? What's up Dude, What's up you trade here? Oh you. you train at this desk. You you trade in that stock at this desk.

It went out of its way to say that this is for men and women. Imagine like a girl walking into the meeting talking to like another girl just like looking like this. Look what's up Darcy What? what'd you do at the barbecue this weekend Darcy huh? What's going on Karen So Karen uh I see you didn't RSVP to the barbecue this weekend? Oh buddy buddy buddy folks folks what a Power Hour show we are about to have for all you welcome back to the Mac Horror show where I'm at your course and this is the show. Lots of things to get into.

Yes I'm well aware I'm watching it myself I'm seeing some of these meme songs. Absolutely move. Uh, so we're gonna be talking about it. Bed Bath Ticker symbol BB Why is ripping? which is kind of odd because it also seems like they're about to go to bankruptcy.

so it seems like someone's screwing the shorts and then this is leading to someone of a sympathy effect for the likes of AMC Jimmy So we're gonna be getting into that. I Also found a crazy story I Want to talk about with you? it is the thoughts and opinions of an anti-capitalist financial advisor. You heard that right? We are going to be going over the thoughts, opinions and insights of a self-proclaimed anti-capitalist financial advisor. I Know it sounds funky, but we're going to be getting into all of that.

and I also kind of want to wrap Today's show up with my thoughts on price targets for these memes. I Mean recently we're seeing outlandish numbers being thrown for AMC Gme Bed Bath and it is very exciting that they're going. I do have exposure to AMC and Jimmy I'm long on those I don't have any Bed Bath Beyond Right now I have no Bbby, but even with that and it's kind of an interesting line to tow because I'm invested in it. and when I tell people whoa, those price targets seem absolutely crazy, they kind of get a confused look of like well hang on man, aren't too long wouldn't you want that and I want to be explaining really why I just think if you have a price Target also a price Target within a set range of like for whatever like I call out XYZ for this week I kind of want to give my thoughts opinions and just I think pretty well-founded logic of how that is straight up stupid.

Um, so we're going to be getting into that a little bit about memes, a little bit about the oxymoron of being an anti-capitalist investor. all that, but before we do it, make sure you hit the like button and make sure you subscribe as well if you enjoyed this basically stock futures, crypto, breaking news type of an update. Always working on new schedules that is best for all of us and I think there's quite a bit of fun for Power Hour. so I want to talk about that and I already see a lot of comments happening over here.

Quite a bit of excitement uh by Bed Bath and Beyond So I want to be getting into that one and I'll just kind of show show you the craziness that is happening right now. look at Bed Bath currently up 70 bed bath going from 315 all the way up to 525. we have GameStop up 6.7 and we have AMC up 8.5 So very respectable games. but right now it is Bed Bath and Beyond that it is clearly winning the battle.

The overall Market has done nothing today. kind of what I was alluding to early this morning. If you caught the morning show I'm like I feel like today might be a little bit bearish I did say that and we really haven't been that bearish. I mean this buy is down point five percent but if anything more of a premium type burn of the situation.

So I want to be talking about all that. but just so you know, as of the Power Hour session for today Monday February 6th the Spy is currently down point five percent. The cues are down point seven percent in the small cap sector is down 1.5 I find to be the most interesting the fact that small Cap is down 1.5 When we have some small cap Place such as AMC Ripping 9 we have bed Bath. we're being 72 now.

Uh, Gme's technically in the mid cap sector but I think a lot of people think still think of it as small Cap up Six. So uh, we have certain very social media popular names that are popping right now and some of it seems to be quite a bit of a sympathy to Bbby. But once again I Want to get into that if you guys want? We can get into the or text numbers but I Really want to talk about price targets and kind of the psychological trap that so many people fall into when. hey, it's enticing when people call out like crazy price targets and they call out it for it to happen in such a short period of time.

Um, honestly, history, being any good educator in this scenario, tells us that price targets and time frames is an absolute loser game. so we will be getting into that uh for sure. But I Just want to. Yes.

Okay, overall Market Slightly red today Bitcoin right now trying to hold 23 000 kind of Pop Recently late January and we've been holding constant Ethereum pop doing a little bit better. Higher lows holding just below 16.50 If you're curious about what's going on with the options market today, slightly favoring the Bulls The call Premium represented 55 of the money while the put premium represented 45. so just a slight bias towards the bull, but nothing too too crazy. Justin Jim Cramer says a recession will happen no matter what.

So I guess in a weird way we all we all know you should fade it so quick snapshot of where we are. Uh October we bottom down. Ever since then we've been rippity. Dippity Duda Jim Cramer says a recession will happen no matter what.

so kind of confirm that it's canceled and I I feel a little silly now because I thought this pop was going to get faded. In fact, my one active position right now is an SPX put for the February monthly. So I gave myself some time not this week, but next week. but now I feel silly because if anything I think that this news might get the market to absolutely rip to the upside.

so I wanted to share that. on the flip side of it, the CEO of Bank of America says that they are preparing for a possible U.S debt default. This is the second largest bank in the U.S This circus is coming to town so kind of a weird interaction between big Banks Big Wall Street But also what's kind of going on with the US government situation right now with the debt so wanted to throw that out. obviously the first one a little bit more jokey, a little bit more haha this one a little bit more serious.

I mean it is the job of any bank to obviously always be paying attention to risk and mitigate it so they might just be calling it out and be like okay, we think it could happen, but not with that high odds of a chance. I mean if we look at any time we've come close to the debt ceiling in the US, we know they just raise it and raise it And raise it. That's the common thing, and if anything, it's just become a political bargaining tool of whoever wants to hold out. They hold out until they get some sort of appeasement, and then they like move on with their life.

I Would assume that's how it's going to go this way this time around, but obviously let's wait around and see. So I Want to bring that to all of your attention: 50 of Americans earning over a hundred thousand are living Paycheck to paycheck. That's pretty wild. That's actually insanely wild.

50 percent paycheck to paycheck. If they're still making like, right around a hundred thousand earning over a hundred thousand. Now you have to ask yourself, is inflation that bad? Are things that expensive? or are people really really poor at handling their basic finances like their own own income and then expenses? Or is it probably a mixture of the two? Honestly, I'd like to believe that in many things in the world of numbers and finance. and Wall Street the truth is probably somewhere in the middle.

Yes, things are more expensive, but also earning over 100k even at 100K 100K is a lot different today than it was two three decades ago. Very, very, very different as the buying power of a singular dollar has been going down dramatically. So I just wanted to kind of give you some of the interesting headlines that I caught of the day: I Know some of you like fading Kramer so you might just want to be bullish until Kingdom Come Wanted to give you an update a little bit about the US debt situation and also just kind of cover this so I can get some of your thoughts I mean 100k I Feel like you should still be able to pay all of your bills with that if you're living within your memes? but I also am very respectful of the fact that relative to a decade two three decades ago, 100K is very very different than it used to be. Now with all that being said, I do want to dive into kind of the Here and Now of situation of what's going on I know I see all your comments I know Bed Bath is ripping I know AMC is ripping I know Jimmy everything is being led by Bed Bath Bed Bath is up 87 we can cover the number, the shorts are definitely feeling it and then obviously Bed Bath AMC Jimmy They're all traded as a basket so when one is doing this well, it obviously gives a boost to the others.

Like it's not really big. rocket science brain science with all that one. Uh, I Want to watch this in the close? But first, I want to rip through everything that you need to know for the remainder of today and also tomorrow. So after the market closes today Pinterest Activision Take two Activision take two big within the Esports world.

that's the sector I like to pay attention to. so I'll be listening to those earnings and then Pinterest just a bigger company that a lot of analysts are following so that you might want to pay attention that once again after the market closes today. tomorrow before the Market opens, we have Royal Caribbean and BP and Hertz. So those are the three.

Maybe Dupont people will be paying attention to as well. and tomorrow after the market closes. Uh Chipotle which I'm a big fan of Chipotle Never traded their stock but I definitely very much like their food so just wanted to put that on your radar because we still are in earnings season. In terms of macro economic reports, we don't have anything today, but tomorrow is the start of a lot of Fed members speaking.

So at 12 40 the chairman of the Federal Reserve Jerome Powell will be speaking and then we have Michael Barr speaking at two and then on Wednesday It just keeps going and going and going. So tomorrow we're gonna have two different Fed members speaking 12 40 and 2 P.m Eastern and then Consumer Credit comes out at 3 P.M just I Want to put that on your radar too? Obviously we have earnings. We have macroeconomic reports, especially for my day trader swing. Traders These are the types of things you're going to want to pay attention to.

and obviously tomorrow we will be streaming this: I'm just going to sign up for the economic Club of Washington so we can all pay attention, but please put those on your radar very quickly. Update about Crypto: FTX CEO Testifies on pure hell post bankruptcy day at exchange. So not only that, the recent murmurs over the weekend is like kind of Secret Letters were sent to all the political members who were getting paid off by FTX Like the political donations, they're asking for that money to be refunded. So interesting development over the weekend.

he's talking about the Pure Hell, but don't feel too bad for him because John J Ray III The dude who is now trying to figure out the FTX situation. He's the interim CEO He's a big hitter. He's the guy who they called in to help with Enron among many other Financial debacles within the US new FTX CEO John Ray III John Jay Ray The third love saying it has been paid 690 000 for his first few weeks on the job. He's getting about three grand an hour.

So I wonder if he's having an issue with living from paycheck to PayPal check? He's already got 690 000. remember the FTX situation didn't blow up until early November and I believe he was called in officially in either December or January. Not a bad deal 690 Grand Already Absolutely crazy. So maybe for those of you, maybe we have some college kids asking themselves, what should you do with your life? Be the fixer, be the ultimate fixer for the US government when a company goes belly up for a horrific fraud, Be the person that they call in because you can get a fat fat paycheck for it right now.

Bed Bath's still going. We have AMC still going. We have Gme still going AMC currently up 9.9 Gme currently up 6.6 and all being led by the crazy gains 88 on Bed Bath. Uh, I Was gonna save this for a little bit later, but just because there's so much interest in watching this.

Uh, right now I Want to talk about something? So as I alluded to before, I currently have no Bed Bath position bbby I'm not long I'm not sure I don't have calls I don't have puts I do have AMC shares I also have eight shares and I also have Gme share. So right now, um, I am long AMC I'm long jme I'm not doing anything cute. It's not like I'm short in a different account I'm simply just long AMC and Jimmy I have no calls I have no puts. That's it.

You can see my position, it's publicly available on public. Um I Think anyone who's actively speaking about it when it's become such a cultural moment I Personally am of the opinion that they should, obviously, um, publicly share their position because like, if you're going to talk about something if you're crazy bullish, crazy bearish, well are you backing it up or not. There's a lot of people talking. A lot of people like to talk to the talk.

but I don't think many people like to walk the walk. so I just want to be transparent with you I have AMC shares I have Gme shares I have no calls and I'm not involved right now with Bed Bath and Beyond whatsoever. With that being said said, I want to talk about something I very much want to talk about something. This concept of price targets, especially price targets that are time framed of I think it's going to go to this by the end of the week.

Price value XYZ Whatever. Why is that stupid why in my opinion and I also think just backed up by basic logic. Is it stupid to have a price? Target Um, Well, because of this when you're talking about a potential squeeze event, when you're talking about a potential Fomo event of just people in the retail Community piling in and then hedge funds know that other hedge funds are in trouble. so they Pile in and you just get this.

almost like a a cultural phenomena of just like it ripping and ripping. and ripping. That by definition is a highly volatile, rare, unpredictable event. And then you're telling me that random people who just learned about the Market within the past year or two have such a sophisticated model that they know where it's going to go to, it just seems highly unlikely.

Highly unlikely that even though they're competing with the likes of modeling out these events against D, E, Shaw Citadel Two Sigma Apparently some person who literally just learned about the market has a better model than those people. I I Just don't buy it. But maybe if you don't buy it, or if you do buy it, I guess is a better way to put it. there is.

you're risking things if you have a price. Target I've never, ever put out a price target for AMC Gme Bed Bath and Beyond ever you can go through all of my content. I've never, ever once said I think it's going to Value XYZ This is where I think the peak of the squeeze is going to go and the reason for that is first of all, I'm not a financial advisor, but I'm more of a moral thing. I Also recognize that I don't have some model that's going to outperform all these other models because you have to understand how complex of equation it is.

There are people who try to do like some random little charting thing on trading View and they're like, well, look, if we go a little bit up and down, then it's going to go to all the way. This value. They're silly. They're stupid.

They don't know what they're talking about. Do you know how many times those people have been right? Zero, Zero, Zero Zero. Those people have been right Zero times. I See this: Uh, you don't have to always kill the vibe I'm not killing the vibe I'm saying just don't have a price Target I'm in it I Want it to go up I'm trying to stop people from potentially getting out too early or getting out too late I'm saying you just ride the trend it is.

People love to over complicate this and be like by this week it's gonna run to this. It is so incredibly silly. It's stupid. It is only an idea pitched by people who know nothing about the market.

If you're talking about an event, a squeeze event that is literally defined by absurd volatility and just ripping, ripping, ripping, you think some person who just learned about the market has modeled out the level it's going to go to. No, you just enjoy it as it goes up. You ride it, You ride it. you ride it.

And if you think the trend's done by, however, you define your own. Trend Filing system. You take your money. Think about it this way if you have a price.

Target Let's just call it. Target X What if it runs all the way up to X and you get out and then it goes double past that quadruple pass? That quintuple pass that you're leaving a lot of money on the table. What if you on the flip side, you have a price target of X and it runs all the way up and it's like 25 cents short of it. And that's the turning point.

and it officially comes down. So you wrote it all the way up and all the way back down and you got no money. In both scenarios, you are risking dramatically underpricing it or dramatically overpricing it. and the only scenario that it really works out for you is if you perfectly predicted it.

So unless some person out there has a model that's going to perfectly predict it, and trust me, they're not going to just be a social media content creator, they're going to be working at some fancy mathematical like think tank at that point if they're good enough at doing that. So if they do it, there's a little sliver of chance that they've perfectly predicted it. Which why would I bet on that? Let's look at the more of the 99 chance that they're either dramatically low or dramatically. High My point is, just don't have a price Target Like any of this, like before when we've been talking about uh, Mullen or Gns or Bbby, apply that to all of this scenario.

Ride the trend as long as it is intact and what's crazy about it, we're just talking about price. Now if you're trying to factor in a Time situation. Oops, Sorry, this is breaking down. Uh, the Spy is breaking down I Just had some alerts set up.

If you're also saying not only price, but a whole nother variable of like oh, it's going to do this. Also, by this time, you're just enticing the people to get into options positions. Who probably shouldn't be training options positions based on some the fact that a guy randomly filmed himself and threw it up on the internet. My point is, if you want to make money on this, we're up.

money. Ride it just right. It's honestly that simple. keep writing, you're making good money.

That's all it is. I I Don't want people to get caught up into a scenario where because of some other uninformed person, they're out way too early or way too late. You should be working on developing a skill set of. When you're identifying a trend, it's pretty easy to see that.

AMC Jimmy Bed Bath and Beyond if you look at the daily chart, pretty evident that it's an upward Trend You ride the trend, You ride the trend, you ride the trend it. It's that simple if you think the trend's over by your own definition of what is or isn't happening by your definition. if you think that Trends over, that's when you take your money off the table and don't be afraid, you can always re-enter This could be more of an active trade for you. I'm not saying that's necessarily right for everyone, but this concept of people trying to put a price targon on it, especially within a time frame.

They're fucking wrong. They're stupid. They're wrong. They don't know what they're talking about.

It is, uh, exclusively to just like pump more hopium and copium. I See what's going on with AMC and Ape right now and I'm excited if the AMC 8 combo the closer it gets back to AMC you can if you have trading view uh, you can put AMC plus ape. Uh, so right now it's trading just below ten dollars. which means it's like a 45 sell-off ever since Eight made its debut before it made its debut the day before, AMC was trading at 18 bucks.

So yeah, we're still far off from just kind of that break even value from August but every dollar we go up, it's better. It does inherently put more pressure on the shorts, so I'm very stoked with this price action because it means for myself that I'm down like thousands less dollars. which I'm stoked about like it just means that like my own account value which once again you can see it on public, it is going up. but I also remember where we were and obviously I want it back at those values and I really hope that we rip past those values and in that scenario, whatever state, statistical chance you ascribe to that level, understand, just ride the trend.

I See so many people trying to like over complicate this based on fucking absolutely nothing and they'll tell you that they've done like hardcore research in DD And if that was true, like are you really gonna buy that Like you're really really gonna buy that. You just ride it. You just ride the trend as long as it is intact right now. the trends are the upside.

Ride it. It's that simple. Don't be like because I Saw this video and this tweet I'm gonna like YOLO all of my money into like short-term call options. That's a great way for you to lose and literally be lining the pockets of options market makers I Think that's silly if you have some sort of strategy built up in the back end where you're like no, because of this, this and this I think it's now appropriate to buy this time frame call at this far out of a strike.

Great. That's awesome. You've built a system that has very specific entry and exit rules I hope. but just to be following some like random schmuck.

Uh, that's just that's just so silly. that's so absolutely silly. So I want to put that out there? and I kind of want to. um I guess Clear up the questions of if if you hear people with a price Target especially with a price Target and time frame understand how incredibly moronic and stupid they are.

If you're in the position, understand that you've done your own DD And I am of the opinion you should just do classic Trend Following: Write it as high as you possibly can. Don't let some other value that some random person out there kind of confuse you of like, well they said this, but well, are we going above it or are we just going to come up right to it? Like the chance of them guessing that number spot on is pretty much fuck all. So I wouldn't be worrying about that in the absolute slightest. just want to throw that out there.

Um I See some people commenting on a random oh, we have people trying to once again tell you it's going to 140 by like this week? Um, which? come on. I would love for that to happen I would love for it to go higher I Mean I Could Honestly, these people who are trying to push um 140 by this week they might be shills. man. like what if it's gonna go higher Dude I Can't believe all these shills are bought off.

Can you guys believe that all these shills are bought off thinking it's just gonna go to 140? How could they they're trying to. They're trying to get you to hand over your shares before the pain really really hits these hedge funds? Like you see how you can so easily do that and just like turn it on them like come on, 140 Are you? Oh, are you kidding me? Why don't you just put in your bio that you're a shill Like these people, it, They're joking. They're It's absolutely joking. Um, Bed Bath leading the way up a hundred and two percent.

Right now, Bed Bath is continuing to rippity skippity doodah obviously. I Wish I was in this trade. I Mean there's a beautiful breakout purchase at like 12 45. you didn't have to risk that much and you're ripping it and you're riding the trend.

Look at, the trend's still intact. it's still going so you would be in it. Uh, these types of plays. There are appropriate moments where I would understand that it is good.

It is a good situation to have a price. Target But if you're talking about a Fomo squeeze-esque play, the best thing you can do after watching this literally every single day for two years is just right in the trend. All you have to do is simply ride the trend trend is your friend lipser knows what's up. Uh I can't I can't believe these shows just calling out 140.

to Citadel Shells? uh Bbby? no Halls today. What do you know? Remember, um, that Bbvy and all this. the halts are non-halts It's perfectly defined. It has not violated a limit up, limit down rule.

If you're curious about when something will and won't halt literally, just figure out what it's trading on Bed Bath and Beyond is trading on the NASDAQ Just type in BBB or type in NASDAQ Blood l-u-l-d Limit Up Limit down and you can find the exact rules, the exact rules of when it will or won't hold. It's not, um, like arbitrarily applied. It's a mathematical system that tells you exactly when something will or won't halt. So that one's on the NASDAQ uh, GameStop and AMC trade on the New York Stock Exchange.

So in that case, you would type in NYSE Limit Up limit down. Um, so wanted to put that out there of my thoughts on price targets. Uh, time frame, price targets, and basically just this. the newest wave.

I Would say this is the third or the fourth wave of coattail riding people who they're just coming in attempting to pump opium in copium and they're just doing it to get your likes. and Views We've seen it before. There's nothing, um, special about it, nothing special whatsoever. They it's a flash in the pan.

Uh, when they make outlandish claims like this, they're most likely wrong. Well, they've all been wrong. I'm not going to say they're always going to be wrong because you never know what the future be like beholds, but in the past they've always been wrong. Uh, it's a flash in the pan thing.

they're They have relevancy for about a week. The next week they like bitch and moan about it dying off, and by the third week they're gone. It's kind of like a one two three like type of a cycle. Um, but this is cycle one.

Uh, then they're gonna get disproven. and then they come up with an excuse of like Brazilian dark pools with Ken Griff like they just come up with like random shit. uh and then people realize that and then they're gone. So just throwing that out there, we'll see how like the dice are on the board, they're flying in the air.

We'll see how it ends. Uh, my first goal: My first mental Target I Would love for the AMC ape combo to get back to that break even level before Eight made its debut which would put AMC a ape combo at 18. Right now, we're trading at Ten. so we've kind of climbed like we were down more than halfway.

so we're climbing back up to right above halfway. obviously nine dollars being halfway. so love to see that. like just slowly but surely going up every dollar counts.

Um, and the next big thing I have in terms of not really a technical level or anything like that, more of just like a mental level. Would love to see the AMC 8 combo at 18 because that's exactly what AMC as a company was worth before it made its debut. and I mean I've made it clear that I like AMC more than I like ape because I think people are kind of getting suckered into ape and obviously if the combo gets back up to 18, that means that people weren't really as damaged by it. I Can't speak for everyone who's degenerately trading options.

but um, in terms of people just holding, I know more people are going to be back at that break even level when the combo gets out up to 18 and that's exactly what I want to see BBB Why just halted? Uh, so it's going to be what time is it 325 so it'll probably be a five minute haul. Um, but Bed Bath and Beyond halted up a hundred and twenty percent if you're tuning in right now wondering what's going on with everything. Basically Bed Bath and Beyond Bbby we know is in danger of going towards bankruptcy. so more shorts piled into the trade and then the internet being the internet thought it would be funny to start buying it up to hurt the shorts.

So the shorts start to cover, more people buy. then there's Fomo and it becomes a very quickly becomes a self-fulfilling prophecy. it rips. But then we also know because of the current culture over the past year or two Bed Bath and Beyond ticker symbol Bbby is traded in a basket with Gme, AMC and Ape and that.

So you're kind of seeing this sympathy basket reaction and the others which is awesome. Uh, you just no one knows how long it's gonna last. We just hope it lasts long and we hope it lasts and to the point that these go very very high. Thanks Matt Agreed by Beth Bye Bed Bath and Beyond I list like I I Kind of missed it at this point.

Like that's kind of Chasey at least the way I look at it and I'm quite a bit of exposure already to AMC ape and Jimmy So I mean let me see what my AMC whatever account is up to today: I'm public. Where's public? How much am I up on the day? So far, it's fun to check it when it's on days like today. Uh, my account is now up 7.72 There are some other things and it's not exclusively like AMC and Jimmy um I have a couple other things, but most of it's AMC and Gme and I'm up 7.72 which is thousands of dollars. So I'm stoked.

I mean it's up on paper like hell? Yeah, Uh, stoked about that one. I wonder if any of these are going to Halt Um, so that's the tldr of price targets and coattail Riders And just be be careful, but ride the trend. If you've been watching this for the past year or two, you have the skill set to identify when things are going. If the momentum's in your favor, you stay in the play.

If you think the trend's over, you take your money off the table and you move on to the next thing. especially when it create like bed Bath. If we extrapolated far out in time I Think it's a matter of time before bed Bath comes down just because we know they're going towards bankruptcy. But that doesn't mean that there can't be some wild movement in the short term.

Um, so for something especially like Bed Bath, that's not an investment in my book I Want to be very clear that it's just a very fun active trait. You're active on your toes. You get in as soon as it really starts moving in your favor. You move your stop loss to break.

Even so, you take all the risk out of the situation and you ride the roller coaster. You absolutely ride the roller coaster. Someone said AMC halted AMC halted. but did Ape? no.

So the AMC Ape combo still trading. but that's just because Ape is still trading AMC has it halted? Um so AMC absolutely destroying it. Uh, go say sorry, no. that would be dumb because I still think he's just it was right.

Wait, wait. what was he right about? Did he call for 140 this week? Once again, What? What was he right about? Clarify that. So the AMC Ape combo still trading just because Ape is still trading. but AMC is currently halted the way Bed Bath is.

It's just a volatility halt. so it's going to be like five minutes. Uh, why did AMC Hall it's within range? No, it's not. Um, it moved right here.

You go to the five minute chart within five minutes. Thank you. Uh, definitely not one two three four one two three four five. How far has it moved? That would be roughly it I Don't I'm judging it I Like you need to know the exact uh I have it on Benzinga.

Hang on. We can find the exact time. So what you do? this is getting like really into the weeds. Uh, right here it was halted at 28.18 So what you would do is subtract 15 seconds off of that because it has to be above the volatility band for 15 seconds.

So basically you look at the top the the price movement from 8 28.03 minus five minutes. So you would look at the exact price movement from 8 23 O3 82303 to 828.03 Um, and at that point it was just out of its own. Like volatility Move there. Um, so remember like and that's like why I said we we could talk about it I guess if you guys want but that's like very much getting into.

like the hardcore details of what prompts the hall and what's not. If you are watching this and you want to know those rules specifically I'm telling you if you just Google NYSE Limit Up limit down, you will find the exact same rules of what you need to know. Limit Up Limit down. Search the New York Stock Exchange and you'll find the exact rules that prompt a halt to the upside of the downside.

Just so you know Bed Bath is trading. once again, AMC is still halted, but it doesn't appear as if ape is halted. Um, so is this still trading or did Ape now get halted? Gme is still going. My calls on AMC are pumping good for you man.

Ride the trend. That's my whole point of all this is: I Would this concept of price? Targets This concept of dates. don't worry about those little erase them from your brain. Just ride the trend.

Ride the trend, ride the trend. You don't want to get out too early, You don't want to get out too late. You just ride the train. You want to get as close to the peak obviously as you can because that's how you make optimal money.

All right. Um, so as this is going well, I Guess this is good to do, especially because AMC is currently halted. but I wanted to cover a crazy story. An anti-capitalist financial planner explains how to make ethically sound.

Investments So this is your blue-haired friend that you would see I Guess after what your vegan butcher, perhaps you would go after hanging out with your atheist priest. or maybe after you were on a hot a date with Hot Lizzo. No matter what it is, this is just crazy. It's an oxymoron.

It's a completely confusing misnomer. An anti-capitalist financial Planner: I Think that thing about hot Lizzo will probably get me canceled. but I think it's a joke that was worth it I Stand by it I'll do I'll do it for the lulls like many young people today. River Nice 30 believes many of the traditional methods of getting rich under capitalism are unethical.

It's a value system that makes their career as a financial planner unique. Well, it also makes it just the weirdest confusing thing ever. Like I See like I think the best thing is just a vegan butcher. like I Just don't get it.

Self-avowed anti-capitalist advises clients on how to engage in ethical investing to reach their financial goals. That strategy often means avoiding Investments that support the fossil fuel industry, private prisons, or border control agencies. and it might involve a redistribution of wealth to people who need it. For example, using your excess earnings to donate to organizations that help refugees.

This is so easily picked apart. But let's just even the support. The Fossil Fuel industry. Do you know what industry is the main industry funding the research for alternative energy? It is the fossil fuel industry.

So like all of a sudden you're like, well, we don't want to support them. but then you're not supporting what you want the world to transition into? Very, very confusing. There are some compromises: Clients can't completely avoid everything that goes against their values because capitalism and white supremacy and patriarchy are all completely intertwined oppressive structures. I Don't I feel like I just don't even have the right college degree.

an underwater basket weaving to understand everything that's going on here. A rising majority of young adults are critical of capitalism when I read that I thought BS But then I thought maybe I'm just wrong and maybe it's just this circle of people I run with but is that true I mean there's many young adults watching this video right now. would you say that? A major? A rising majority? So it's saying over 50 and Rising are critical of capitalism I Call complete BS on that I would love to get your thoughts on it. Obviously, if you're watching this, you're paying attention to markets and finance anyway.

But do you really think between you and your friend group that a rising majority are critical of capitalism? Being someone who wants to help people with money, to help people use money and debt as tools to get the best life they can I Found it super important to start acknowledging to my clients that the entire economic model of the US and the majority of the world is not a fair model now. I Wanted to talk about this for a second is capitalism Fair Well, it kind of inherently comes down to how you define fair for being honest. So is it perfect? No. I will be the first person to admit.

okay, no there there are ways it could be improved. There are certain times that greed goes untethered and it leads to a detriment in one way or another. I will agree with that, but then another thing is is if we admit that there's downfalls, A fair thing is to say is are there other economic models that are better that promote more total good? And I would argue that the answer is absolutely no. Is capitalism perfect? No, it's not.

But is it the best model we've come up with? Undoubtedly so. And I'm not just saying that as a person who's like okay here, like we love markets, we love capitalism, We love it. There's many things that we could go through. Look at the advances in technology, look at the advances in medicine.

All this is basically because we had some sort of competitive capitalistic model. But really just I think this is the best one at showcasing why capitalism and Wall Street and Stocks is the best vehicle mankind has ever come up with because it has increased the mobility of people moving up in any Financial class. There has been no better time ever this time right now, especially within the Us, but also in many parts within. Europe The greatest odds of Upward Financial Mobility Period Non-Stop And then on top of it I Get that some people like to cite the I guess income difference.

Really though, the wealth. Gap that you hear so much and they'll talk about it like yes, it is true that the world's wealthy are getting more wealthy. Any basic chart will show you that, but you know what's a more important chart than that, at least in my humble opinion, is are our worlds poor getting less poor? And that's exactly what this shows right here. World population living in extreme part in poverty has been absolutely nose diving.

This is mainly thanks to capitalism. This isn't the kind of graph that you get whatsoever when you're talking about any like socialistic economic method. It it truly would not look like this. In fact, it would probably be getting worse in Socialism.

Yeah, you're still going to have the people at the top getting richer the way they are currently in capitalism. The issue is you have more people getting more poor at least in this scenario. I'm not really focusing that much on how rich the rich are getting sometimes. I do once again.

I Think there are pitfalls to cap capitalism. but I Still don't think there's a better vehicle for mankind to really help the whole society progress. and I think that's perfectly represented by the fact of our world's poor. The amount is absolutely nosediving.

So when we hear things like this, this misnomer of an anti-capitalist financial advisor, what is it? What does this mean? It just means click bait. That's all this is. That's all This is. 100 is some fancy schmancy headline that gets people to have an emotional response.

and inherently it's just stupid and uninformed. But I want to get your thoughts on it? Maybe I'm a little bit too close. Maybe I'm not understanding it. But really what I want to get your thoughts on? or is it true that you think a rising majority or anti-capitalism I mean the fact that you're watching this on the internet with your computers with your iPhone All that is thanks to capitalism.

It's because we had competitive practices that cause people to come up with better and better Innovations at a cheaper and cheaper price. That's the world we live in and obviously the people who come up with that system, well, they're going to be benefiting off it. For example, Apple's a very, very valuable 2 trillion plus dollar company because we're all on their computers. we're all on their phones.

but I I just don't understand it. This to me, it's nothing Beyond clickbait where it's just going to cause people to argue. probably the way that we are right now. All right, are things training again? Um, so after the halt, things took a little bit of a hit.

We have 20 minutes left at the end of the day, 20 minutes left at the end of the day. Um, the Spy broke down below but came back up and smacked. Uh, kind of an interesting 330 reaction right here. The low at 3 30.

Ever since 3 30, it popped up bouncing off of 410. The best way to really sum up today is just a premium burn type of a day. Um, we. in terms of the overall Market we had popped up, popped down, popped up, did nothing, popped up, came right back down, and really were just essentially pinned to the opening value of just below 410..

we've done a very, very good job of going absolutely nowhere. Um, obviously a little bit of a different story with Bed Bath. Crazy game currently up 88 not long ago is up over 100. It now had a downside halt.

That's why Bed Bath. So it violently moved to the upside upside halt. Then it violently sold off. Downside Halt.

Um, and see how exactly this is a sympathy play. So everything is following Bed Bath. You see how exactly Bed Bath pushes. That's exactly when Gme pushes and then Bed Bath and Unhauls sells off.

And that's exactly what happens in Gme and the AMC Ape Combo. Everything is just following. right now. What's going on with Bed Bath? That doesn't always have to inherently be true, but this phenomena.

it's referred to as a sympathy play. and the reason we have sympathy plays is people who think of certain Securities or equities or Investments as the same. Well, when what happens, they expect it to also happen in the other. And if you have enough people expecting it, well, then it ends up happening.

It becomes a self-fulfilling prophecy. So most of the time it's in things like when United Airlines does well or poorly, Will we expect the same thing to happen with Delta or Southwest. It's a very similar business. So even though that's in the same economic situation, that's a little bit of a confusing thing to consider when you're looking at something such as AMC Gme bed bath.

So the question is, why are these related And the answer to that is these are all related and trade in a similar basket form is because they're all thought of as like kind of ape squeeze stock. So if they're doing well, they tend to all do well. If they're doing poorly, they all tend to get hit. So that's why these ones are particularly, uh, a basket together if you will Matt please.

Short: Bed Bath and Beyond is that your trick to get it to continue to go to the upside: I have no bed bath position but it is cool to watch. I'll admit it. I mean it's fun. like this type of stuff.

It makes my job way easier just because more people are jacked. I Mean look at this. It rips, It gets absolutely demolished, it goes sideways, and then it rips again. Uh, actually even higher than it did before.

It got as high as seven dollars. Geez, look at right. Workout smack support resistance Ran right into this level at seven bucks. Pretty cool.

Pretty cool. I Don't think, remember when you're talking about any Squeeze Fomo Play Please understand, especially for the people who are new in here, it doesn't stay at that level. any squeeze craziness play, it goes up and it comes down. It's not like we squeeze to new levels and it stays at those new levels.

um I would be. It would be inappropriately inappropriate for me to not bring that up. Yes, these things can be. High Flyers But it doesn't hold those like these are active trades.

these are not really. Investments Especially when Bed Bath is signaling to the world that like they're probably heading towards bankruptcy. so you ride it as long as the trend is intact. Like that's the secret right there.

So short right now I mean I Think that would be, um, very very very dangerous just because. like they can continue to go so you might get your face ripped off like anything if you're going longer going short like it's still what is your risk. Like at what point would you pull the rip cord and just be like all right man I Think I got this one wrong type of a deal. All right.

Foreign merger rumors on Bed Bath. That's why there's a run. It's merger rumors with Who Bed Bath. Let's see who people I See I Just searched the ticker.

It seems like a lot of people don't understand what the cause is the halt. Remember the halt are within a five minute period If It Moves Too much to the upside or too much to the downside. It prompts a hole. It's just within five minute periods so it's not where it's at.

totally on the day, it's not even at from close to the next open, it's from Market open to market. closed. Every five minute period, you're looking at extreme up moves and down moves. and if it's too extreme to the upside or the downside, it gets halted.

Uh, I'm trying to look at for the merger news. Also, remember, halts aren't decided by The Brokerage they're decided by The Exchange. So it's not like if you're trading on whatever I don't know, think or swim or Robin Hood or Weeble. As much as I don't like, Robin Hood and Weeble I will let you know that they're not the ones who decide the hall brokerages do not decide halt the exchanges such as the New York Stock Exchange or the NASDAQ, they're the ones who are causing the halt, not The Brokerage.

And for those of you who might be new and you're like, well, hang on I I've heard of exchanges I've heard of halts Like what's there. You are using your brokerage to buy and sell and then your brokerage. Well, if you're trading on the exchange, it's connecting to the exchange to actually do the exchange. So the broker is like your middleman.

You connect to your broker to buy and sell. The broker goes to the exchange or whatever, a dark pool or a retail wholesaler to do that. If you're saying buy, they go out and buy for you. If you're saying sell, they going on, sell for you.

Um so just a little bit of I guess definitional Clarity There anyone want to share their Tucson some potential reverse plate coming up for AMC I'm curious if they're going to get enough votes I do think that they will because when I was reading it it and Tara the people who got like a nice fill at I believe 66 cents or 65 cents or whatever it was um they wait. what is this I got a weird text oh no, that's not for me. um I think they have. they control so much of the vote and they've probably secured some of the other votes from the bigger players that I don't know if the retail vote is necessarily gonna sway it like I I think it's gonna go through just running some like basic back of the napkin type math.

Um, hang on, do we have enough? So I want to do something real quick? Uh, where did I see this? so there is I liked it. This is the update from Rumble to stream for free on Rumble We recently tested and now permanently changed the requirement to 25 subscribers down from 100 subscribers. So um, Rumble right now to stream on Rumble you need 25, you don't need 100 which is absolutely awesome and I just wanted to give you a quick shout out to one of the goonie members who he's trying to get going streaming on Rumble and he just he's He's right there. He's right below what he needs to be able to stream.

So I'm going to post his account here in Rumble folks if you're watching on Rumble this is going in chat. um if you just want to help another person so they can have the requirements to be able to stream I'm going to post the account if you guys could help out uh there. I'm spamming it in chat right now. If you could give Pizza a follow a sub just so he can stream, that would be awesome I Just put it in there.

there's enough of you in here. I mean we have over 400 people watching and Rumble Alone Um so if you guys could just sub to pizza's Channel it would mean a lot to me and obviously it would mean a lot to Pizza so he can start streaming there. We're trying to get him off of Twitch. we're trying to get him to to switch over from Twitch to Rumble.

So if you're if you want to go against Amazon and big Tech this is your opportunity by throwing Pizza a little bit of a sub there. that would be cool beans, Cool beans, cool beans here. I'll throw it in YouTube too if you guys want to check it out, there just threw it in. and also if you're yeah, he needs five of you, he's at 20 right now.

20. just five of you have to hit it. Just five, one, two, three, four five Man versus yard was 21. Does anyone want to take spot 22.

who wants to take spot 22. we have 21. Where are we at? Someone will take 20. We have 21.

we need 22. it seems to be stuck at 20. Well someone just said 22. someone just said 23.

we should be there I think we already got him past it so he can stream. Is it uploading For me? it's not uploading for me. but I'm assuming five of you had to sub by now. 24 Pizza Oh DM what is your account showing he has to be at 25? by now there's definitely more than five people who got involved in.

this. just shows 20. Um well we had crazy excitement up till 3. 30 in the last half hour has been not the most fun ever since we had those upside holes.

Are you expecting an Arbitrage of eight before the split? Uh I think the odds of Arbitrage greatly increase on a like approval of the that that weird time frame between we get the results of the vote. but the merge doesn't happen like just because the vote is in the affirmative. It's not like it automatically merges the next day. So I think the Arbitrage opportunity presents itself in between them in between the affirmative vote if it goes that way which I do think that it will um, I'm not saying that's good or bad I'm just saying if we just run basic math, it does seem like it's going to happen that time period between the vote and the actual date of the merge.

If the votes in the affirmative I think that's when you see everyone playing that Arbitrage opportunity. Can you explain why you are so out of the loop on Bed Bath and Beyond Uh, because I don't really follow it ever since Ryan Cohen fucked over a lot of people I mean Bed Bath and Beyond and Ryan Cohen's actions in it like it hurt a lot of people. So a lot of people got a bad taste in their mouth because of the whole ordeal. just wasn't It wasn't really like an OG uh I mean Gme is clearly the OG Squeeze Eight play and then a lot of people relate to the Gme play.

So then that's how AMC became a thing. and it was after that that Ryan Cohen's association with Gme. Um, when people found out that he was involved with Bed Bath, it became another exciting thing. except he dumped his position on a lot of people.

so it's just pissed a lot of people off. Ryan coming back in Bed Bath and Beyond gnome his recent one is Nordstrom but I think ever since the the way Bed Bath played out, it has lost like it just made a lot of people angry because they lost money following him. but it is clearly moving. It's uh, I think it's a really fun active trait I Just want to drive home the fact that I think it's active.

You can make a lot of money, but it's not something you should get married to because we know the company is like taking a Usain Bolt-esque Sprint to bankruptcy. Uh, where are we at the close has not been the most exciting post haul. How many Halls do we have? Bed Bath halted. Bed Bath halted AMC halted AMC unhalton.

So AMC had one Hall Bed Bath had two halts Uh AMC had an upside Hall Bed Bath had an upside and a downside halt uh top Wall Street Bets mentioned for today you have Tesla Bed Bath and Beyond Nvidia Apple Meta Bbby snap boiled Gme AMC I'm surprised that there's not more mentions of it. It seems like the Wall Street bets Community has had like a kind of a different vibe towards these ones recently. Definitely a different vibe all right. Where are we at? Five of you better have subbed to Pete's channel so he can stream over there craft the spies going up.

Uh, my one active position right now is an SPX and S P 500 not spy but an SPX put play for not this Friday But next Friday the February monthlies. If the AMC moas is two years, I'll eat my hat I mean for my own, just my own Investments I Very much wanted to. but I mean if there's too many people who are like holding on to that hopium and copium of random people telling them it's tomorrow, it's tomorrow It like they come out of nowhere. It's just people you've never heard of who are like I guarantee it man, it's tomorrow.

It's like dude, what the fuck it's it's the same thing as like margin calls 2 P.m Like how many times do we have to hear like that exact same BS Uh, margin calls 2 P.m Margin calls 2 P.m It's the same thing over and over and over. and when you've seen it for two years plus straight, you're like, all right. I I Feel like I get the fact that it's like just BS and it's people who don't know what they're talking about. It'd be nice if one of them are right I mean inherently if we wrong Matt it's always tomorrow 2 p.m Fair it's always tomorrow 2PM Uh, where do you predict AMC will go tomorrow? have absolutely no clue and anyone trying to do such a short-term prediction, it's pure luck if they get it right and no one has gotten it right.

I mean the amount of times I know there's new people involved in this, but for the people who've been seeing this for two years, we've lived through so many events where like, the quadruple witching is going to cause it to squeeze, the Fed's gonna cause it to squeeze. tomorrow is t plus 420. it's 420 days past whatever some random T number and I saw it on Reddit so it has to squeeze that day Whenever anyone calls out any of these dates for it to happen, none of them have been right in in two years of doing this of watching these things day over day over day, not one time has anyone's specific date prediction or price prediction ever been right. Zero.

that's how many times. So I mean you would think eventually one of these is going to be right I mean if everyone's always throwing out random predictions, you just think of hopefully one of them is eventually right, but we just haven't seen it to there. So when I like see people randomly calling out shit now at this point, whatever, take it with a grain of salt and just be like I guess prepare for the worst hope for the best I hope that it's true. But also, let's think about this a little bit more logically.

uh with a little bit more math and reasoning behind it. It's we'll see, We'll see, we'll see why streaming IMC and be negative about it. It looks like you're only in it for the clout. Um, no I'm in it to give out actual information and not just be another like person who is fucking just saying dumb shit for opium and copium.

Um, the people who are always saying like think about this Jesus think about that. If I wanted clout, I would be Mr happy all the time I would be that person. Hey, let's get a squeeze. It's going to squeeze.

it's I mean look at it. Think about that. It is so so easy to get clout and a following to be that eternally hopeful happy like it's tomorrow. Um, you can tell that I'm being real by the fact that like I take on the negative shit because I'm trying to give out actual factual information here.

um, even what you're saying, it just doesn't really make sense I would have more clout I would have more of a following I would be more beloved by the community if I was always that like happy. Oh God it's gonna be tomorrow. we're looking good like it's just a day away. but instead I choose to like, actually be moral and teach factual things and be realistic about it.

Um because I like give a fuck that you people are successful. Is it true that Adam air and dishu uh no, we've never spoken I think we dm'd each other once like years ago. That's about it. He's currently in a fight with Mark cohotis though.

but I've he doesn't talk to me he I mean there's a reason why he streamed with Trey because he would just kind of like use Trey as a vessel to like kind of prop up his own um, standing within the community. but I've never had any direct like we DM I think randomly and he like told me to talk to the AMC investor relations and that was about it. That was about it. Brett no one knows foreign do I talk to Trey No, not at all.

Who the fuck is ants I don't know the guy that picked a name describing his intellect the size of his fucking brain 100 agree he used trait I mean that's widely accepted now like anyone who's paying attention knows that Adam Aaron you try I actually feel bad for Trey for that. um I don't think he saw it coming I think he was very excited that a powerful popular CEO wanted to do an interview with him. uh I I actually like I actually feel bad that like that particular situation played out the way it did rum oh oh shit, the Market's about to close Market's about to go Dignity ding ding ding. How are we going to close today? Time flies when you're having fun 30 seconds.

So this is your 30 second warning. if you're doing some other trade or if you're worrying about day trades and need to do something today before the Market opens tomorrow. Uh, your 30 second warning. So if you're uh, doing something, do it.

Do it. Do it. Do it. Your time's taking.

I Know many of us have to do with pattern day trading and it's just like an absolutely crappy scenario. Uh, so this is your No. 10 second Warning: The overall Market has gone flat all day. We pretty much are going to close right where we open.

There we go. Dignity Ding ding ding. The market is closed. The market is closed.

Um AMC Ape combo up 9.6 on the day Bed Bath and Beyond up 92 on the day and Gme GameStop the OG plays up 7.25 on the day. So for the overall Market not so good. the Spy down point six percent, the queues down 0.85 and the small cap sector down 1.5 but some of our favor favorite Individual: Place Doing pretty good led by the pack the pack leader I should say Bed Bath and Beyond up 92 percent. This should set up a very, very interesting day tomorrow.

A very very interesting day tomorrow. Uh, I'm excited to see what's going on with the overall Market we have Jerome Powell speaking at 12 40, the chairman of the FED speaking at 12 40 and obviously with this craziness I Hope that the momentum continues to the upside on ape Gme AMC bed bath tomorrow, but we'll see. We'll see, We'll see, we'll see. Um so I'm excited I Mean as always, prepare for the worst, but be optimistic for the best.

So every dollar the AMC ape climb combo climbs up I mean I Just have that mental level at 18 because that's exactly where AMC was before Abe's debut. So if we could get over that, if we could get over that before the vote, that would be a big big win. Um, so anyway, that's what I have for you. Don't forget on your way out, hit that like Button! Don't forget to subscribe.

We'll be posting some content later on today and then we'll be streaming once again tomorrow morning. 9 A.M Bright and early Overall Thank you thank you thank you I Appreciate all the Good Vibes I'm super stoked that a lot of you made some pretty decent money today, so I'm happy that you guys are crushing it making some of that Moolah That's awesome! That's beyond awesome. So let's just see if we could continue the party into tomorrow. have a great evening, have a Bea beautiful day, peace out Foreign.

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