More Downside Coming?! (Daily Stock News)
Dumb Money w/ Matt
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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
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Dumb Money w/ Matt
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#DumbMoney #ApeNation #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
You, oh good three, two one stop the record, so wait is that working. Am i working now hello, testing testing? One two three is that working. I think it's working testing, testing, testing, testing, testing, testing, testing um. It is working all right.
Sweet, sweet, sweet, sweet! Well, i guess you even want me to talk, or do you just want to listen to music this whole time, because i don't know what the hell is going on we're having some some technical difficulties like my internet, my upload speed is non-existent uh. This is all just like extremely painful of whatever's going on. I think we got it totally, just no audio like you're, just just watching it just watching it. No wrong.
I mean i it's just i don't know. What's getting picked like i'm having problems with stream lab i'm having problems with like the internet anyway, like you could see, the frames are being dropped, we're just having many many issues today and fortunately i have been on. I appreciate i've been talking with uh cox, the internet provider after i was able to determine the gateway, is reporting a lot of errors at this time. In this situation, i recommend have a tech come out and see what is going on.
Do you have a preferred date and time for visit um and they actually responded? Here's what cox just said to me about the internet. I appreciate the additional information. I know this experience has to be frustrating. After doing some additional research, i was able to determine that the gateway is reporting a lot of errors at this time.
In this situation, i recommend we have a tech come out and see what is going on. Do you have a preferred day and time for the visit i said is tonight possible. This is stopping me from completing my job. That's hanging out with you guys asap would be great.
Asap would be great um, so we'll figure that out we're getting to the bottom of that. I'm sorry for the frame jumping, but it's not even getting through to rumble at this point we're having some problems. Yeah the frames are dropping. This is bad.
Should we just go back to like some music for the day we could just watch some music until um. We can watch some music. What do we have? I know it must be frustrating yeah. It's frustrating, oh man.
I wanted to talk about some stuff. I just don't know how to do it today, um duplicate, you know what duplicate main show no face done all right, let's see if we can make the stuff even better video capture device, all right, because i am it's my big face that was ruining everything all Right, so you should still be able to hear me uh, which is awesome okay, so it was my face that was messing things up so just bear with me today. I blocked out my ugly mug, but let's talk about some things and i could highlight and do what we need to, but unfortunately you won't be able to see my facial expression, so let's just go for the overall audio. So today, after the market, please please please be prepared. Discovers reporting united is reporting first national bank. So we have all these banks - bank, bank, bank, bank bank - i don't know what h.b fuller is, but another bank, united, so previously delta reported last week they actually beat. So i think united will be not really too sure about american, but banks. Uh were just continuing with all the bank stuff uh american airlines before the market opens tomorrow, like i said, i'm not too sure about those and then more bang, bang, bang, bang, bang bangs and then after the market closes on thursday.
Don't forget about netflix. Netflix is something i think at least particular to our world worthwhile to pay attention to, and then we have some another bank on friday, but also some oil, some energy and then the week after remember seo fomc week 25th to 26th. But then we will also have um some stuff coming out about really like apple tesla, all that good jazz, so pay attention more volatility. I think and don't forget after the market closes today man, you can't see my facial expressions, so you can't see what i'm really doing.
4 p.m. Today, the president of the us president, joe biden, will go, live talking about his first year in office. Another thing, depending what he does or doesn't say about rona can definitely have an impact on the market. Now, let's talk about the fed in general for remember next week: markets tremble as fed's unprecedented double-edged tightening man this the situation - we're in right now is kind of wild.
So, yes, we know they're doing a balance sheet normalization, a balance sheet, runoff, that's kind of new! Pretty hawkish before that, we were already well aware of the tapering which are looking to end in march. Honestly, i wouldn't be surprised if we find out they want to end it even earlier, potentially feb, so we'll find out about that. We were six months ago. We didn't think there would be any interest rate hikes now.
Everyone's like okay, yeah, there's gon na be three for sure, uh, maybe even four, so we're gon na um. I guess pay attention to that see. What's going on there. This is all massive to the market.
At this point uh, i i need to do my best to articulate to orate the impact of what the fed's doing right now. It doesn't really matter an individual company yeah. There might be a couple who break through the fishnet of like not going with the overall market, but this will cause the overall market to spy the qs and the russell to all swing. Wildly upward or wildly downward and it'll, either bring everything with it or drag everything down this you're gon na notice that there's like an ebb and flow of these times of when we're paying attention to individual things.
Maybe this market itself is a little bit boring and then there's going to be the other times where the overall market's doing wild things, and it's just bringing all these other equities with it. So this is something we need to dive into. We need to understand more about it. I try to cover it every single day, because it is that impactful now the biggest thing is yields and well really interest rates inflation. It all ties together, like it's all, um, a very complex web of things going on stock market warning signal. Here's what surging bond yields say about the s. P 500 returns in the next six months, so i'm always pointing out hey. The yields are up, most likely tech is down, crypto is down um and what that actually means for the s.
P, 500, but remember the s. P. 500. Five of like the top ten companies are big tech place, so they're gon na be pretty related.
So this is a better explanation of actually what's going on there, so i just wanted to dive into it. The lower the level of rates and the faster the collapse of those rates, the better for stocks out six months forward so remember, lower the level of rates and the faster the collapse of those rates, the better for stocks. Six months out, the higher the level and the faster, the surge in rates, the worse the returns for spx going out six months. Remember they're right now talking about interest rate hikes, so now we're looking to how many the magnitude the speed at which they occur.
As that all happens, if they go up and they're very, very fast and they're of a great magnitude, look for a pullback in the overall market for the qs individual equities for sure that - and this is how it all kind of connects together the sell-off in treasury Treasure treasury bonds, basically government cons, pushing debt prices down, remember debt prices, bond prices and yields move inversely as bonds go down because there's so much selling yields go up has been blamed on expectations that the fed will be much more aggressive than previously anticipated in raising Interest rates and taking another step to tightening monetary policy as a response to persistently high inflation. So that's the connection treasuries selling off that means bonds going down when there's aggressive selling. We know things go down as bond prices go down, yields go up so right there, and this is all uh like an anticipate anticipatory action related to what's going on with interest rates. The sharp rise in yields has been blamed for unsettling equity markets, triggering selling pressure for technology and other growth stocks in particular, aka high risk think nasdaq think crypto growth stock valuations are based on expectations for cash flow far into the future, when treasury yields rise, the Value of future cash is discounted.
That's so important. Treasury yields rise, as in treasury bonds go down. The price of bonds go down, yields go up. The value of the future cash is discounted.
That's the exact connection right there of how this is all intertwined. So we see bonds going down, because the expectation with this bond sell-off is a rise in interest rates like i'm trying to repeat various aspects of this trying to attack it from different angles. To kind of, i guess, hammer it home to all of you of like how all this stuff is connected and how it's all intertwined and how it all matters. This is all so incredibly to pay attention to and we will find out more on wednesday of next week. Another thing that's been going: wild is oil. So, let's take a quick look at oil crude right here, we're at a seven year high uh, i mean it did go negative at one point, but it really messes up the chart anyway. We're pushing push and pushing yes. Recently there was a an attack on uae and then, but from there we know, elopec and their allies have been kind of constraining supply, and we know the demand is actually increasing, which is just going to push the price higher and higher so worthwhile to pay attention To the petro dollar uh elon musk name appears in 69 year old book about space travel.
I mean if anyone had any questions about like illuminati level stuff. It is clearly right here i mean this is super suspect, elon, musk's, name, appearance, 69 year old book about space travel, how how'd they have his name elon. I don't know we have questions, but i'm more of a serious note, especially maybe, if you're like me and you're in an area where, apparently internet doesn't exist or at least quality internet doesn't exist. A lot of people are waiting on uh elon musk's, one of his brain children, a star link basically trying to give internet to the globe.
It was supposed to already be out in, like northern us southern canada um. A lot of people, like i shouldn't, say a lot: have it some people have it, but a lot of people are still waiting but um. They just need more and more satellites to make this more possible. So we they just launched 49 more internet uh satellites.
I think in total they need 12 000 to completely map out around the globe. Um, so hey right at least 49 closer, and i don't know what this has to do with the markets. But i just saw amc and i thought i should share it. You can buy the wayne's world amc pacer, if you so want.
It looks like it's at the pawn shop, guys out in vegas. Look at that wayne's word. I wonder how much this is actually going for. So if any of you have some extra attendees, it looks like a 37 thousand.
So if you want the wayne's world vehicle, it is there for you to have all right. Let's go back very, very quickly to the overall market. I still have my spy puts. I still have my q puts they are making me money.
I called it out. I've been updating it. If you ever want to know about my trades go to macquals.com uh, you can see. I'm posting my trades there yesterday i posted that.
I entered it thus far. I haven't made any trades, i'm holding them. The expiration date for both of them is feb4, but i let you know kind of a little bit more of my reasoning, my position size, the premium i paid the strike price and all of that is going to be right thus far, it's actually not just keeping. My portfolio afloat, but in the new portfolio, this is actually like making it more money right now, like i'm more green uh, i started this week off telling you i was bearish. I'm sticking to it thus far. I'm still feeling pretty good, but i will most likely be swinging this into next week. Um bbig had a wild dip. Today went from 520 down to four but bouncing speaking of bouncing jimmy bounced off of 104, like it did yesterday, all the way up to 110.
Currently sitting at 107.50 and then um another one i'll talk about obviously amc right here we had a bounce off of 18, all the way up to 19, currently sitting at that 1850 level. Um man, i know, hang on. Let's see if i can see what's going on with these, you man, this internet, they're, telling me that the earliest they can come is tomorrow night. That's ridiculous would be amazing if you could fit me into your tax schedule, man, i'm sorry! This lag is just absolutely ridiculous right now, here i'm going to give you this update over here.
The current estimated short interest is 19.84 on amc. The current estimated short interest is 17.6 and the current estimated short interest is 27. There is one more thing i wanted here. Can i switch back over to me? No! No! No! This one, i think, is the right one: yeah, okay, i'm back! I'm back, i'm back, i'm back uh! So, oh what i saw earlier today, where was this uh right? Okay, so earlier today, a couple hours ago, i think um, oh actually, this morning i have no interest in doing any mainstream media interviews.
If anybody wants to chat reach out - and you can come on my channel where mainstream media can't control a narrative only exception is charles payne, so as you can see, i respond to that. I understand where you're coming from, but don't forget, we have a powerful voice. Exposing corruption on a national stage is useful tool to in our fight against manipulation. It's tough to beat four plus million apes, but it's extremely difficult to beat even more so a couple things and someone followed up.
Dfv went silent. Well, he went silent because he was literally in trouble with the sec in congress. That's why he went silent, but anyway, um yeah people can have differing opinions and i get it um. This has been a very tough road to really go for many people over the past year and honestly, whatever trey wants to do is what he wants to do, but i'm of the mindset that the more apes the better, especially because we know that some apes have Been leaving the community for whatever a host of reasons, um, really a plethora of reasons like some have nothing to do with the market at all, like some of them are just going back to work or whatever um, but with this i'm always going to be the More, we can get our story out there, the better um clearly clearly clearly clearly, with the current size, we have okay, there was a lot of movement getting up to this size and, like some crazy things has happened. Imagine what could happen when there's more imagine you doubling up 4 million to 8 million 8 million to 16 million. The more people that resonate with us, the better and one of the best ways to get the attention is to use a national platform. You know as matt like, unfortunately, there's not really an ape within the community. That is like a multiple million, like i guess, community person um with it.
It's super super advantageous to use these national platforms to call out corruption to call out manipulation to plead our case. To literally anyone who's gon na listen and i get it. I think it's one of those things that, like sometimes um, we've seen it in the past, where um in a certain sense, like they kind of set trey up there on uh, like sorkin, did about like making him give like a fundamental value, and that was a Trip up and like i don't know like you, roll with the punchers like that's just wasn't. Sometimes you have to be prepared for a little bit of those questions that are like kind of i don't know a little bit pointed, but overall, i'm of the opinion that we shouldn't give up, like i think, going on and going on, podcasts doing documentaries doing these Interviews, all of that stuff, it's good to get our story out there, because if i could bet you anything, i bet you that the other side - they're not gon na stop getting their story out there and it was one of those things from january up until june.
All we heard was the other side's story and then, as soon as things started really getting going, they're like hang on, maybe we should talk to some apes and see where they're coming from and i don't think we should be silent going well, i shouldn't say silent: I don't think we should go out of our way to be more quiet, um, i'm of the opinion that hey the more the merrier i want more and more apes. I want more and more people fighting about against market corruption like these crazy, crazy things that happen day in and day out. I don't think i would really. I don't see the tactical advantage in like not speaking to them.
I think we have the truth on our side. I think we have our facts straight well, i think the highest level facts of just pointing out: okay, the concentration of power in two market makers; that's crazy, ftd, reporting, kind of nuts 13f's, not showing shorts. That's also kind of nuts the pattern day trading rule we have gone through this as a community and picked up things that i like in the bottom of my heart, truly believe we're right on. So i don't really see a reason to not continue to present that to the rest of the world and see how many people resonate with that move.
Iris is getting messed up, wow man, my the the frames, are dropping all right. We also know the president will be speaking about five minutes but um. This is exactly why i called out the spy and the cue puts i know it's painful, but honestly, if you're playing the pusher, it's not painful you're, making some money right now. I was very clear about that before the market opened on tuesday. I let everyone know what i was doing and then, when i did it, i let you know all the details of it and right now, where are we at i'm trying to upload up my account? Someone said tesla sub, a thousand someone's making some money on some tesla puts all right. Where is this uh? Where are we at oh sweet? Okay, we are definitely positive on both um, so we are up almost 20 on the spy puts and we're above about 5. On the q puts uh honestly when i'm around that 10 mark, i wouldn't mind like taking some of those gains and locking it in, but i i don't. This is another support level i want to see.
The support get tested between 450 and 452 is support on the spy i'm seeing the tests i'm waiting, waiting waiting if it bounces, i might lock in these gains, but if it it's like a fake bounce and it starts to come back down, that's when i might Go full size, my spy position right now is a quarter size and my q position is a fifth size, so i'm not making a crazy killing right now. Percentage-Wise, it's awesome, but like magnitude wise, it's like nothing too crazy, uh, it might be up. I don't know like a thousand bucks or something um, but if i did go full size, i i don't know i like coulda woulda shoulda matt trey has been trying to get youtuber. Mr beast, to team up with the ape community.
Can you help train reach out to mr beast and share your story with him? Maybe you can make an ape out of him um from what i've heard in the rumor mill he kind of knows already about us um. I i don't know if um he's like gon na respond to too well to being kind of like bombarded. I don't think creators like feeling like they're, like forced into something um similar to before. All we can really do is like present our case and if that resonates with people they're gon na join it um.
But i i know people just don't like being forced, and i know like a lot of people are like. Oh, like you should go on some of these bigger podcasts such as like rogan. Obviously, he has quite a bit of risk reach, but like people don't like being forced like they, they, mr beast rogan. They all have to feel like it's something cool that they like, and they want to put it out there, but all of a sudden if they feel like they're in my understanding, they're the kind of people that, if they feel like social media, is attempting to force Them into something it might leave like a bad taste in their mouth um.
Those types of things there's probably like, i would assume they have like booking agents and things to do like you go through like the professional back doors of like you, have your people reach out to their people and you get it um. I would assume that's how you do it. I don't know i've never reached out to rogan. I've never met reached out to mr beast, but other people that we have reached out to such as like when we got, i don't know cohotis or lauer or lisa branganza um. There was always like a way like they had like an official like email that you drop it and be like hey. I do this this and this here's our story um. So maybe that's a worthwhile tactic, maybe like there's a better avenue to try to get their attention. Uh.
Mr b supporters are mainly 12 year old. Kids. You know talk about stocks, um yeah i mean it. It might be a little bit off.
Oh, can you guys hear that plane, so i spent like all afternoon putting foam mattresses like i cut up a foam mattress topper into it, and a big plane just flew over, and i was wondering if you guys can actually hear it. Well, you put your gains in gme and amc. I mean if the technical situation calls for it. If they start to bounce yeah, i mean i'm, i'm always looking for good opportunity.
Why would i not want to make money but um? That's still like. I want to follow my trading plan, didn't hear it hey. Well, it sounds like the new audio changes are actually doing something which is a positive positive development. Hang on i'm just trying to figure out this internet, though you sold your amc stock.
No, the person was talking about like buying more with the current spy and q gains, like i'm betting against the overall market. Right now and right now, it's printing pretty nicely um. The person with b4 was asking about basically dollar cost averaging yeah, but i, like the dollar cost average at key levels of support. When i see buyers stepping in that's like the ideal way to do it, i don't think dollar cost averaging blindly is like a proper way to like really engage in the market.
But that's my own thought and that's what's made me oh, like the trader than i am um so and if you have ever any questions, first of all sign up for public. It's free to sign up! You get up to 70 when you do sign up no payment for order flow, no market makers, but the real kicker. Is you get to see what i'm in you for the questions of um right here, instead of me having to put this up? Yes, i still own amc and gme. You can see it in public, it tells you what i'm in and if i sell even a portion of it, you you get a notification, it's like all done right there.
So if you even want to sign up just to stock my profile and see if i'm still in amc or gme feel free to do it, amc, gme, prog and corsair are the ones in that account and then on td. That's my options. Training account that i'm still calling out everything to you and if i'm not live, i'm putting it in uh like the macquarie's locals thing, uh matt, just my view. It seems you are backing off of amc and jimmy. I mean i'm here as a market commentator um and i know it seemingly. I have to like almost explain this in every video. If they're not doing anything and there's no news, i cover the major news. I cover the opportunities where you can make money, and then i do the specialty videos like kind of trying to break down market manipulation and how they pull it off um.
I know i've been reiterating this now seemingly for weeks, but if you think this is a channel where i exclusively talk about amc and jimmy, i truly appreciate your support thus far, but that's not what i'm doing. That's not what the actual moon game community wants at all the moon game community. Some of them want to fight market manipulation. Some of them are like looking to make money and others of them.
It's a combo of the two. It's not necessarily a loyalty to an individual ticker, it might be a loyalty to fighting market manipulation, but if you think amc and jimmy were the only stocks that have ever been manipulated, i mean i, i think i have some like tough truths for you. Some tough truths all right. Well, that's what i have for you today, i'm about to get on the phone and see.
If i can get this internet stuff figured out, i will be back. Hopefully, tomorrow um, i might be streaming, it might be drop in frames like this. I do apologize, but we're gon na do the best we can possibly do until the internet provider actually fixes the upload speed. Thank you.
Thank you. Thank you. Thank you on your way out. It would be awesome if you could hit a like, don't forget to subscribe and i will catch you tomorrow have a blessed morning evening afternoon.
Whatever time it is for you and as always best of luck.
Youβre an absolute disappointment and everyone knows thisβ¦ hedgies got to you β¦β¦
AmcΒΏ?πͺππͺπ©πͺ
Where's the Matt from early last year. This is garbage now.
The SEC bought you.
All the people who super chatted him right into rumble, lol
your thumbnails give me the uncanny valley's…………… π
Ask about the move to Kenny gs backed platform
Matt is a FRAUD
Why are people keep mentioning this Friday for AMC?
Show me another YouTuber who has better thumbnails
no sound ..
I canβt hear anything
Friday21AMC
Where does he post his trades?
This Friday 21 battle buying 500 more shares.
Sorry about the Lou comments it was written all over your face π€£π€£
Jeeze that intro is sweet.
Thank you, Matt!