It is february 2nd and the market is about to go ding any ding ding ding in about 30 minutes. So what we need to do here is get everyone ready for. What's going on in the world of stonks and we'll talk a little bit about crypto, we'll talk a little bit about futures. We have uh we're still in the middle of earnings season, so we have to go over some big earnings season.

But if you haven't already yet look at the pre-market trading, things are green, green, green, very, very green, and it's on the back of some very impressive earnings reports on the likes of amd. We're also going to be looking at google 20 for one stock split coming in there, so a lot of exciting things to go over there uh. I also want to talk a little bit about some like new debt, things that are going on with amc kind of raising a little bit money there through selling some bonds and then also we have some interesting updates related to gamestop and blackrock. So a lot to go over we'll be going over the short interest, not only on amc and jimmy, seeing some of the metrics there, but on the spy, the queues and the russell like i've been kind of alluding to for the past couple days.

If the current bears got it wrong, the people who are betting against the overall market, we might be seeing that perfect storm for an overall market squeeze things are very, very interesting now, let's do it, let's hop into it. Oh, i also have some crazy video. I want to share with you: i don't know if it's bullish or bearish for the overall market uh, but you'll you'll feel some sort of way when we get when we get to it. It's pretty wild, but before we hop into all the pre-market prep, if you want to help me out, it'd be awesome if you could drop that like uh, if you haven't already don't forget to join up with the moon gang by hitting that subscribe button, all that Engagement really really helps me out.

Thank you. Thank you thank you and with all of that, let's get to the show um. So this is the s p 500 futures chart we're getting that beautiful, double triple quadruple bottom, i suppose, and we are bouncing off of it. Overall, if you're, just looking for the tldr version of what's going on, look for support to be found at 4520, that's important support and then there's major support at 4400.

4450 support support. That's what i'm looking for to hold. If we get a break of 4600, i think there's an extraordinarily good chance that we can get up to and test the current all-time high. Am i calling that for like it to play out exactly today? No, not necessarily, of course it could, but the first watch i'll have above 4.

600 is 4 60.. So a nice 60 point move right there and once again this will be intimately related with the s p 500. But we can get into more detail of that. In just a second so overall green green, green, the dow, the s p and the nasdaq on the green up, look at the nasdaq, the tech, heavy nasdaq right here up 1.2.

That's awesome oil going sky high, i'm calling it out it's at 90.. I think i personally think it's very easy for anyone out there to say yeah oil 200 this year. I actually want to notch that up a bit. I think at some point this calendar year, hey market february, 2nd matt kors - is calling it out.

I'm thinking we could actually see 120 125 per barrel of oil this year, calling that out right now, so that's up high and then we also have uh yields still hanging out at 1.8 percent so partially of why the nasdaq's up is really really good. Earnings nasdaq futures jumped 1.5 after alphabet aka, google pops on strong earnings, and we will be getting into all the details of that but wait. First, we need to go over this companies unexpectedly cut 301 000 jobs in january as unicorn slams jobs market. According to the adp, the estimate was 200 000, so they were off by 50, hey if this is what these professionals are like paid to do, and you're allowed to be off by 50.

Where do i sign up uh not a bad deal? This was the first reported net loss since january 2020 and came as surging unicorn cases hit hiring the pandemic. Sensitive leisure and hospitality. Industry was the hardest hit, losing a hundred and fifty four thousand so out of the 301 50 of those was from the leisure and hospitality industry, something to pay attention to obviously, but it seems like in terms of what the market is pricing in right now, it's More bullish on these recent earnings reports from major tech companies rather than being bearish on the jobs in january um. Obviously one is bullish, one is bears, but the bullish sentiment is currently outweighing this bearish sentiment just so uh.

We make that kind of clear. I'm not saying, like that's, actually a bullish development in any way. Let's get into a little bit more of the specifics, all right, so nasek futures jumped 1.5 percent as google partner alphabet surges and yes, it did surge. So, let's take a sneak peek at the overall market right now: here's the s p, 500 and here's the daily look at that gap up currently gapping up by 0.64 percent uh.

Since the start of the week, i was telling you if we get above this 200-day moving average, which i'll put on the screen right now. This is the nine. Let's switch it up to the 200.. I was saying hey and i posted this as well.

If we break above and hold above, i thought we were gon na get rejected, but i said if we break whatever the way the break goes, i'm playing that break. Obviously we broke to the north side and i was saying all right: next watch 450, 451-ish and from there 455 we're literally gapping over that target and right now i suppose my next target probably 461 and then we'll call follow that by 465. But right now these targets have been working beautifully and, like i say like if you want to look at it with the futures market, look for that break above 4, 600. Roughly roughly.

This is not how exactly how it works, but roughly 460 and then from there. Let's see if we can actually get an additional push higher, but clearly a bottom was put in. I don't know if a new high will be put in. I don't know if the new high is going to be a lower high, a newer high.

I don't know how it's going to play out: i'm not a future like i'm, not clairvoyant, i'm not a future teller, but what i can tell you is we could play it from level to level level to level all right, we're in a little mini like bullish Regime - let's play it: let's make a little bit of money. A lot of like single base hits they they add up over time. Folks, not every single trade has to be some gigantic gl grand slam type of a trade um. Obviously, yesterday the nasdaq ran up to its 200-day moving average, and today we are gapping up above it.

Now i want to talk about these gap ups kind of similar to like what we saw in amc yesterday and what we've seen in other equities like before that um remember when you gap up the statistical chance of that gap, to the downside now being filled is Extraordinarily high not necessarily day one but yes, the odds of gap fills are very, very high. So, for example, let me just quickly rewind to the spy. We had all these gaps gap gap and that all happened in october and they recently got filled and it took odd, like obviously a bit of time, but yes, they were eventually filled now. Could the gap in the spy, the queues and the russell gap up today get filled today? Of course they can.

I don't know how i necessarily feel in terms of the odds playing it out. The odds for a gap bill today are actually pretty high, but man the earnings were just so strong by such well-known companies. So i i don't know i'm actually bullish going into market open and i'll wait for market open for confirmation, but i'm just really. I guess dubious of those gaps getting filled today, especially in the nasdaq when we're getting about the 200 good earnings.

I think there's uh people there's like that excitement in the air and then for the russell. Let's just quickly touch on it had a nice technical breakout from the all-time high. We had this trend line. We got the breakout looking for it to get above 205 and then from there i'll be paying attention to 209 on some interesting bullish divergence.

So, overall, the three major indices we see despite the q's, the russell right now, people are slightly pivoting back to risk on. Does this mean we're going to rip to an all-time high? We could, but i don't know we could also. It could also be an incredible bull trap. That's why you want to be a little bit on your toes, especially in these higher volatility environments.

So, overall, for today, for this week, things are looking pretty good and a lot of this really got kick-started by paypal or excuse me alphabet, but we also have to talk about paypal, amd and uh gm alphapet reports, big fourth quarter b stock, pops and yes, it Is so b on top and bottom lines, and on top of that they announced a 20 for one stocks. But what does a 21 for one stock split mean? It's basically saying you have a 20 bill and now you're converting it into 20 one dollar bills. So it means that the price of the stock is going down to like a 20th of it, but now there's 20 x more shares, so the market cap should not change. Fundamentally, it shouldn't.

It's like, i said, taking a twenty dollar bill, one twenty dollar bill into twenty one dollar bills, so you have the same overall value. It's just. You have a different amount of bills, i.e a different amount of shares. Now, fundamentally, this should have no impact on price, but historically it does it's the perception it's more of a psychology things that now it seems like it's cheaper historically, over the past year a year and a half we've seen tesla apple and nvidia all do a stock Split from the moment of the announcement until the actual stock split, all three of those which i'm bringing them up because they're tech related.

Obviously, google is also tech related. They all had a nice bullish. Push tesla apple nvidia, do a little bit of your own homework. Look at the date of the announcement look at the date of the split and just draw that beautiful line from the bottom left to the top right of your chart, and that's exactly what i'm expecting alphabet to do.

That's exactly what i'm expecting google to do since we're talking about it. I just want to pull up google just because it is actually looking very, very nice. I mean look at that yesterday. It closed at 3.

000. Oh right! No right! Now! It's at 3! 000.. Excuse me it's up two hundred fifty dollars yesterday it gained one point: six, one percent: it's up another nine percent right now closed at two thousand, seven hundred fifty seven, currently trading at three thousand and six, so obviously with the stock split. If it stayed at this number, you could just divide 3000 by 20.

That would roughly be the new price, but remember there would be 20 times the amount of shares outstanding. So alphabet did very, very good, similar to apple similar to tesla, similar to microsoft. We are clearly seeing a trend of these tech stocks, well-known tech stocks, over-performing on their expectations and the next day doing well, which tells me a little something something about the other ones that are going to be coming up, which i'll get to in a second. But before we get that, we have to talk about one that did not do so well, paypal, paypal, stock, plunges on weak earnings, guidance, paypal, reported mixed q4 earnings tuesday and provided guidance for the next quarter.

That fell short of analyst estimates, so we're seeing a little bit about this, where some companies have been beating, but then what they're talking about in the future, maybe not the most bullish and a lot of them are setting supply chain issues um, even someone, the ones That beat and had upbeat guidance, they're still saying, hang on, like don't like don't forget we're still in an inflationary environment, we still have supply chain things to consider. The company expects uh q1 earnings per share of 87 um short of a dollar 16 also reported week. Four-Year revenue, growth guidance so really we're seeing some of these ones once again that do well, but their future their future looking guidance, not the most bullish and that's exactly what's going on with paypal, but another one. Another tech play that's doing phenomenal amd rises, 10.

After issuing strong 2022 sales outlooks, fourth quarter uh, it happened after the bell. Yesterday, uh amd's said it expected 21.5 billion in sales in 2022, which was very positive and bullish future guidance, so it beat - and on top of that very very good guidance for the upcoming year um. So earnings per share 92 versus the estimated 76 and its revenue was 4.83 billion versus an estimate of 4.53, so it beat on earnings per share, it beat on revenue and it beat on guidance for 2022, and that explains exactly why amd is also crushing. It.

Yesterday closed, just a hair below 117 on a 2.2 gain now up 11, currently trading just below 130.. Once again, i'm gon na drill this into your head tech stocks right now. This particular earnings season are crushing it they're doing so exceptionally. Well for the life of me, i i don't see why the upcoming ones i.e, facebook, aka, meta and amazon.

I don't see why they're gon na deviate from this particular uh trend that we're seeing one final one that reported yesterday. After the market closed gm forecast, earnings at or near record levels in 2022, as chip shortage eases so kind of a similar verbiage that we're seeing really with tesla another company that it's important that they have their own chips. Um gm said it expects to generate an operating profit between 13 and 15 billion, as the semiconductor shortage shows signs of improving, showing signs of improving. Obviously, that's nice we're seeing a little bit of a relief of the negative bearish pressures that are being pushed on.

Some of these big, well-known companies, the forecast, is in line with many wall street analyst expectations, as well as the company record of 14.3 billion pre-tax adjusted earnings in 2021 um. So i just wanted to bring up gm just because it seems like right now. There is some uh exceptional volatility in the world of automaking, particularly in ev automaking, and we know gme is now kind of getting its like toes wet in that particular world. So overall amd crushed it beat paypal, they didn't alphabet.

Did gm looking good um starbucks actually got a downgrade microstrategy going down, but remember microstrategy pretty much now an etf for btc um. Early this morning we had uh wm. They reported after the market closes today. Meta, qualcomm and spotify.

Remember meta is facebook tomorrow, uh there's some in the morning that you might want to pay attention to i'll be looking at shell just because i'm currently bullish on the energy sector, but after the market closes amazon, incredibly important ford, another automaker that's been doing very well. Activision blizzard unity i'll be paying attention to them just for like to under better understand, what's going on in the world of gaming right now, so a couple more up to bat this particular week all worthwhile to pay attention to if you want feel free to screenshot. This just so, you know the earnings that are coming out, but also, if you just want to follow this account on earnings whispers, you should definitely do that. Moving on paypal plunges on weak guidance amd surges, all right, we did that we went over it.

Uh gmc's strong full-year earnings as chop shortage abates, we went over that and finally starbucks earnings miss on higher cost. Ceo sees more excuse me: starbucks earnings miss on higher costs. Ceo sees more inflation. That's actually kind of what tim cook was saying, he's like dude.

We're still battling inflation, but even i mean they're wildly different sectors, but uh tim cook still crushed it. What was that 124 billion in rev in one quarter um? Also folks, i'm well aware my sneezing. That's exactly why i'm never going to get invited on kelly ripa show, but maybe one day, maybe one day i'll get over my whole sneezing fits and i'll be able to get on there with kelly ripa and just really kick it back and enjoy a good show With her all right, um now before we get into more specifics, i just want to give you a quick update: the s p, 500, 27.63 short interest, the qs, the nasdaq 100 26.15 short interest and the russell 2000 small caps, a short interest of over 40. Once again, i'm just bringing this up, because i think we might be seeing an interesting scenario that really has the makings of of a perfect storm for a nice explosive volatile move to the upside.

There is heavy short interest on three of the major indices, at least through the major industries that indices that we pay attention to. And if we keep seeing earnings like this - and we see just overall sentiment, bullish sentiment really like kind of show itself off and we keep cruising higher. These shorts could be in serious, serious trouble. So, overall, i just want to bring this to your attention that we might not just be seeing like an equity squeeze.

We might be seeing an overall market squeeze, but remember when you see these types of squeezes, whenever you squeeze, you don't stay at that value. You go up, you do your best to top ticket. You lock in your attendees, and you understand it's going to come back down. Squeezes, do not stay at the top level, they go up violently and they come down sometimes even more violently.

I just want to make that explicitly clear. Now, that's what we have going on with the overall market. Let me give you a little bit about what, in the world's happening with amc and jimmy, so right now, just to get you started off with the day um. The short interest, still over 20 uh utilization is 82..

Someone asked me this morning if there's no more shares to short, no there's about 18 percent, more shares to short um. Just so you know so, 18 there's probably another. Like i mean that means there's another 20 million that could be bet. 20 million shares that currently in real time could be bet against amc um to know that there's no more you'd be at a hundred percent, so basically 18 of whatever.

This is there's about. 20 million more that could theoretically go against it uh. Will it won't it? I have no idea uh in terms of gme the short interest at 18.1 percent utilization 86 shares on loan around 15.75 milli milli milli. So those are just like the specific numbers i want to update you with not too many changes really this week, but i do have some stories about these particularly amc, entertainment holdings, announces senior, secured notes, offering and proposed redemption of existing senior secured notes.

So we kind of knew this was being discussed. I mean, i guess, if you want to get very, very specific, with amc they previously were talking about. Doing refinancing, basically kicking the can down the road and getting better interest rates, which is hey. It's a smart business move, so this is a new one announced today that has commenced in offering a 500 million aggregate principal amount of first liens senior secured notes to 2029 in a private offering so yeah.

This is gon na help with like uh various expenses of, but also just so, you know due in 2029, it it talking about getting the can kick down the road. This particular dealing of 500 million. That's pretty far down the road we're in the start of 2022. So this is seven years of like the maturity of these senior secure notes, but once again, 500 million and they're just using it to kind of pay off what they need to improve their war chest.

So i just want to give you that, because it did come out uh today, so this is a piece of new hot gossip as it relates to amc and in terms of gme. So we just got this from blackrock a 13g. Previously you've heard me talk about 13f. So what is a 13f 13f is a regulatory filing that if you have assets under management over 100 million once a fiscal quarter, you have to report what you're in, but not everything that you're in you have to report.

Your longs, your calls your puts, but not your shorts, similar to that 13f. We have a thing called a 13d. A 13d is when i believe you own, over five percent of the company. So it's more of like an activist position as in, like you, have a serious amount of say really in what happens with that company, and then you have a 13g, which is more of like a lean version.

It's like the tl, dr version of a 13d. So i know we're talking about the entire alphabet here, but we talk about 13 f's. We top about 13 ds this one in the 13g, which remember is like the synopsis version of a 13d, so d and g are similar, while f is just like what they're going to report, but remember, 13f, more large positions, activist positions is what they're referred to. So anyway, blackrock had to file a 13g and it turns out that they purchase almost a half million more shares of gme, which brings them now to 6.8 ownership of all gme stock outstanding or roughly 5.2 million shares.

So with this, as you can tell blackrock loaded up in the last quarter, they are going higher and higher and higher, and i just wanted to share with you the other ones that are large players. Rc ventures, uh 9 million shares almost 12 ownership vanguard group. Almost 6 million shares 7.78. Then we have blackrock.

We have state street 1.6 million shares two percent and then geode capital management about three quarters of a million which is around one percent ownership of gme. So these are the top five holders of gamestop just wanted to share that with you all today. Now, as i promised you before um, i don't know if this is bullish, i don't know if this is bearish. I just thought it was my duty to like share this story with you um.

Does it have anything to do with the stock market at all? I don't know, maybe it doesn't. Maybe it's not bullish. Maybe it's not bearish, but it it's definitely something. This is wild.

Massive brawl breaks out in bensalem golden corral over alleged steak shorts, eyewitness news at six and we are streaming live on. Cbs news, philly, hello and good evening. Everyone i'm ukee washington and i'm jessica, cartalia friday night out turned into a melee in bensalem at a golden corral. Restaurant now police are trying to figure out how it all started.

Eyewitness news reporter matt petrillo is in bensalem tonight matt. I talked to a man who posted that video online. He says he was told that fight broke out after the buffet here ran out of steak. Video shared with eyewitness news shows, punches being thrown and high chairs flying as a fight breaks out inside the golden corral.

In bensalem friday evening, bensalem police confirm the brawl may have involved more than 40 people and have been following an argument. Among some customers, officers are still looking into what caused the argument. I've never seen nothing like that in golden corral before this man who used to work at the bensalem golden corral says he was told by a current employee about the initial altercation. From what i heard it was over steak.

Apparently somebody caught in line his friend heard the same details. There was a shortage of steak and yeah. Two parties like were involved, take a close, listen and a man can be heard saying all i wanted was some steak golden corral, wouldn't answer our email asking. If a lack of steak caused the melee but jk hospitality, the golden corral franchise wrote in a statement.

Thankfully, no serious injuries have been reported. The safety of our guests and co-workers is our top priority. Oh my gosh. Meantime people we showed them.

This is what i really wanted to show you. Did you just see that look in the middle of the screen, this guy just took uh, i think, like a a stool like a like for kids or babies or whatever and just hucked it across the entire room for those of you who were not vigilantly watching? Let me rewind a second right here: there's a guy right in the middle priority. Oh my god, this guy meantime the guy this stool like across it he's like. I want my steak and he just like threw the entire thing, like he just tom brady, that one across the entire room, man uh.

So this confirms a couple of things. Obviously, there's a beef shortage, obviously being hangry is a very real thing and it can lead to a full-on brawl and the third lesson we can take care of this is like. When you go to golden corral. It's not just a restaurant man like you got to be ready, you got it like, not only in the market.

Do you need to be on your toes at all times when you go to a golden corral? You need me to be on your toes at all times, because you never know when a 40 plus person brawl is gon na break out. Hey we've all been there. We've all been there when you want your steak, someone else gets the last steak and you're like man. If i could, i would start a full-on brawl right now.

Well, that's what happened. Someone did it, they put their money where their mouth is and they're, like i'm gon na start a brawl and that led to some guy just hucking it wild wild wild wild. Like i said, i don't know how it impacts the market. I just needed to share that with all of you, so here's where we are.

Obviously things are up right now, like as we're going into market open, uh declining a little bit but overall, very very strong. We have the spy up currently 0.6. We have the q's up currently 1.2, the russell up, uh green, but almost break even and then we see volatility is continuing to go down. If you want a little bit more of an in-depth look into what i said of like hey, why i won't play spy q or russell calls? I think it's better to play.

Volatility puts make sure you're checking out that little um clip video from yesterday. We talked about that uh right after market opened um very quickly. Just so you can see amc and gme here, amc down slightly down point three percent, which is pretty much break even for uh amc and then gme once again kind of break, even from yesterday's close. Both of these sold off in the morning ripped until around midday and then sold off and kind of got like boring into close.

So let's see how this actually all ends up going today. Let me switch these charts over to the one minute. Let me zoom in just a little bit right: there cool. We have all those set up.

Let's get this, let's oops. Actually, i think, there's some important things. We should amd. Let's get up, google they reported and then let's also get up tesla.

I am still in those tesla calls which they are not looking good. Like i said day one without pdt, i would have just 100 been scaling out um. So, let's see if we can just get lucky right there, but we are a couple minutes out from market open. So with that, i would love to give these back to you and um hey what kind of questions you have if you want chart review.

If you have questions about short interest, if you have questions about terminology, if you just have, i don't know questions for me. Let them fly because we have a couple minutes before we go ding ding ding and as we are waiting for that moment and as i'm waiting for the all those, i guess questions to come in, don't forget if you're trying to buy the crypto dip, which right Now we might be knocking on the door of an overall breakout. Look at this recovery check out ftx, i'm really liking blockfolio, it's pinned to the top of chat. Obviously, it's free to sign up.

I think it's an improved version of honestly voyager. I mean beautiful, like ui and all that, and i will talk about this more on the crypto stream today. Don't forget if you like crypto, we are talking about it. 2 p.m: every single day and then sometimes on the weekend as well um, they actually ftx just partnered up with coachella, and they have some interesting like nft stuff going on so i'll cover that more later on today, all right! What kind of questions are we at? Hang on someone's first question already disappeared on me.

Why does it do that? Where is it? Why can't i scroll back, someone sent it one on youtube and it just disappeared feel free to just tag a mod, so you don't have to resend it matt. There's a texas roadhouse in the same parking lot of golden corral. This is why everyone should just be going to a texas roadhouse screw the steak. I want tendees.

Oh man love it love it love! It love it. Let's get ready to rumble so that guy uh, that guy, who like owns that trademark, let's get right into rumble that guy has made hundreds of millions of dollars off of that um. Sometimes like certain times he's said it. Some of his fees have been like a million straight up that guy has trademarked it and he's been like saying it basically weekly ever since the 90s he's made hundreds of millions of dollars off of it.

What about greg's b day? What's going on love it? Oh all, right, we are seconds away folks seconds away all right 45 seconds wait until the market opens. What else do we have talk about seoul, nfts on crypto course channel uh? Happily, happily, happily, happily, let's get ready, let's get ready and then all right. Let's do this thing: we are about 10 seconds out from the trading day today. What is it stay wednesday? I think it's wednesday, wednesday february 2nd.

Let's get going, let's see if we can make some money on this hump day, ding ding ding, the casino is open. Let's see whoa still on that voice, i i can tell still on that voice spy a little bit of red out of the gate, a little bit of red. Let's see if these things actually calm down, though uh amc and jimmy right here i have these up. Also a little bit of red with the overall market right now, let's see how this opens uh, you stopped watching amc.

No, i have it up when these things move, but if they're not moving, i'm not gon na have them up. If there's news and if there's excitement, if there's volatility, we'll have it up, but also uh, if they're not doing anything, i just don't really see the point in having them up uh, because, especially if it's like a longer term diamond hold whole like a diamond handed Hold play um. I actually think it's not good to watch every single minute bar if you're in this for days weeks months. You do not need to concern yourself with like the minute to minute movement of a stock um.

I think it has actually negative ramifications like psychologically. What price is the gap fell. 1625. That's a great question.

This is the gap fill that did not get filled yesterday or hang on. Let me just double check. It's either 1625 or yeah. 1625 was the high from january 31st we'd love to just take care of this gap.

Let's get there, let's fill it. Let's bounce and rip uh to me, that's an ideal situation. I would prefer like let's just get rid of this gap and then also on gme. We could look at the gap, it has no gap, it actually did fill the gap yesterday, all right, our buyers, gon na step in queue still getting sold.

Tesla getting sold. Google getting sold, um the first three minutes kind of brutal, but we've kind of seen. Some of this, like whip, saw action before where this is. Why and i'm gon na always reiterate it to you.

Not only should you always stick to your training plan, always respect your risk and your reward don't get greedy and also don't throw a hail mary. If the position gets like too untenable for you but uh on top of it, this isn't a common rule, but i've it's something that helps me. I really don't like to create a new position right at market open um. I like to wait those first 10, 20.

30 minutes let things cool off and see if we can really see what type of trend is going to be established for the day. So, did i read that right, the in the first opening minute, 1.3 million sold off uh, that's not exactly how it works. So remember so, thus far, i i don't have the exact numbers for me in the first minute, but for the first three minutes we know there's 2.4 million in volume. Remember with volume buyers have sellers sellers have buyers to be a buyer.

Someone has to sell it to you to be a seller. Someone has to buy it off of you. It's not like it's just selling. It's not like it's just buying every that's why it's called volume.

It's not called buying, it's not called selling and what moves the price, because every buyer has a seller and every seller has a buyer. What moves the price is the buy and seller agreeing? Are they agreeing on a higher and higher price? Are they agreeing on a lower and lower price? In the first case, that's buying aggression uh, because you're agreeing on a higher and higher price, as in this buyers, are willing to pay more and more. In the latter case, when the buyers and sellers are agreeing on a lesser and lesser price, that selling aggression, because the sellers are willing to get out at a lower in lower price, so every buyer has a seller. Every seller has a buyer.

That's an axiom of how the market works and, for whatever reason, that's something that is commonly confused within the ape community, but it's important to understand just like kind of an axiom of how these markets work. That's very, very important! All right, let's see if we have some of these buyers, stepping up now that we're actually talking about them all right. So remember, 455. I was looking for that breakout, look exactly where the spy just bounced 455.

I was off by two cents. My apologies i'll. Try to be better next time, but from here i'm watching 460 461. If we can hold, does this count as a hold right now? Not really.

I mean we're four minutes into a trading day after some pretty crazy earnings and we haven't traded that much volume yet. But this is the type of thing we're looking for we're looking for, that support to be seen to be held, and the bounce off of there would love for the cues to get back above 469. That's an important level for the qs tesla trying to get back above 9.25 tesla. Currently, just absolutely embarrassing me, google is trying to get back above 3, 000.

how's amd, doing amd, uh tech being a little bit weak this morning, uh what's actually green. Well, we have some green things because of gap ups, but like is there anything going on right now that, like it's moving like it's really moving like and we need to watch it on an intraday apple, apple's flexing right now, how are people positioning themselves with facebook At market open, facebook's down a little bit, uh amzn amazon, i'm bringing up facebook and amazon, because those are two big tech plays that have yet to report so maybe worthwhile to pay attention to those. Oh jesus, you left the door open. You hit the bots and um bots schmotz hey.

If you are a bot, though, please help me out and hit that like button and also, if you're, not a bot, um, hey seriously, i'm never ever gon na. Ask you for a single dollar. I don't care. If you want a super chat, go for it, i'm never ever asking it.

That's never ever my goal, but i would kindly ask of you to hit that like button. It would be awesome to get that above 2000. I think we're at 800 something right now, um. So that would be awesome if we could double that up triple that up.

It just helps get this video in front of other people who might be interested in the markets and might be interested in getting away from a tribalistic toxic world where, if they have a differing opinion, they just get attacked by the mob mentality. Here i like to think of the moon gang as people who are like kind of grounded in fact, grounded in sources, hopefully are not engaging in like toxic bashing, for especially for no reason. So here it's a group of people who, yes, you want amc and jimmy to do. Well, maybe you don't maybe you're just not in it at all, but overall, i'm still in amc, i'm still in gme.

If you want to check it out, you can see it on public. You can easily see my stock positions right here. It's all publicly available to you so check that out, but beyond it. Let's learn about the markets.

It's so exciting! This right here. What you're, seeing in front of you represents financial freedom. You just have to develop the skill set enough to get to that point, you're in a job that you don't like right here. This is potentially something in front of you that can get you to that.

Next social economic class in life - this is so wildly important to pay attention to and then beyond really just this and like the numbers and everything going on in the screen to me, it's so fun because it's this crazy, crazy puzzle, but on top of it to Be good at the puzzle, it means to it means that you're more in tune what's going on in the world, you're, not just falling for this, like political, bs and jargon one way or another, and how you feel what's so cool about the market to me is It's representative of truth and it's getting away like this mob mentality of emotion. The markets do not give two single fucks about anyone's emotion, they're gon na do what they're gon na do put emotion to the side. This is all about. Do you have a good perception of what's going on in the world? Are you developing the skill set to be a more profitable, consistent trader right? There you're learning about the world, you're learning about economies, you're learning about companies and you're making money while you're doing it to me the representation and that's why i care so much about the market and that's why i fight so vehemently for like getting some of these Bad actors, out of the market and making the market more transparent because to me, the stock market, the futures market, the crypto market, the options market, the market, these markets are the best vehicle ever invented by mankind to improve your social economic standing.

There is no vehicle better to improve your financial situation over the long run. If you know what you're doing that, if you know what you're doing i'm not saying you get into something, and then you go scream on twitter and read it. That's not developing a skill set, that's not learning about the markets, that's an important aspect right now, social sentiment, i'm not saying it's useless, but it's step one in a very, very long journey. Look at this a perfect bounce! You how much money people just made off of this today, like okay cool done done for the day they locked in a thousand dollars they're like cool done like time to go, watch netflix they and how did you get there? Okay, they paid attention to the fed.

They saw the earnings reports and then they tied that, together with some ta they're, like all right cool i'll, buy this dip. I wrote it up a dollar thirty. They leverage it properly. They made a couple hundred couple thousand.

The bigwigs probably made tens of thousands on that they're done. It is 9 39 in the morning 10 minutes in they punched in they punched out time to go watch tv time to go to the gym time to go for a walk on the beach. That's how easy it is for some of these people. Am i at that level? No! No! No! No! No! I! I don't want anyone listening right now to think of me as an expert trader folks, i'm 27.

I still have a lot to learn. I have very good trades and still, unfortunately, sometimes i still have very bad trades. I don't want anyone listening right now to think that i'm, like some guru, expert trader, all i'm simply doing, is explaining the things that i know and all i know i can do or what i'm attempting to do is at least bring you up to my level And honestly, it would be awesome if you surpassed me and do even better. That's what i would like.

I don't want anyone to think be like matt coors is some amazing traitor, blah blah blah and never gets wrong. I still get a lot of things wrong. I get a lot of things right, but it's not one of those things where hey it's time for like these big wigs, to give me like billions of dollars and manage their account. First of all.

I never want to do that, but also i also personally like recognizing myself. My skill set is not at that level. They didn't follow your 15 minute method, apparently uh they may not have but hey if they've made money, that's their method. As long as you have a consistent, profitable method like have at it, shills have the same jingle as arby's.

We have the beef. Unfortunately, it's not easy for me to punch in and lose money instantly hey, i'm going to tell you guys a little secret little secret. That might help all of you get yourself just a little journal get yourself! I i'm writing down. So many things all of my trades, you get it in there track it.

You got ta get this isn't one of those things that, like it's like a hemming and haw of like oh, like i think i'm doing well like well, you know right up by your like yearly p, l, if you're green or not like those are the metrics And so sometimes those are exciting other times they're hard to swallow, but you need in your own trading to identify the trends of your strengths and your weakness. If you see - and this is what i'm talking about documenting it - create yourself a trading journal, if you want to write it down, if you want to do it on excel, i don't care, but just do it somewhere track all your trades. What was your entry? What was your exit? What was your risk tolerance? What was your reward like? What was your profit target and what was your reasoning and all of a sudden, a weekend a month in a quarter in you're, gon na start to notice trends be like okay, i seem to really perform well. It seems like out of the gate at 9 15.

I crush tech trades, that's your basket double down on that and then you might see another trend be like man. I keep putting these trades on in power hour and 75 of them are losers. Well right there, you just identified a weakness that means stop doing that, but the only way you're going to come to those realizations is, if you you got to get yourself like data on yourself, you got to somehow track what you're doing to possibly know. What's working and what isn't working you got to cut off the gengarous parts and then double down on the things that are making you attendees um, but it blows my mind how many people are trading and then like.

If i ask them, i'm like okay, like tell me your last five trades, i want the details, your entry, your exit, your risk, your reward and your reasoning they're like oh, i don't know like i was just trading it like you should have like i, these books. I have so many of them filled out as soon as i fill out one it's just time to go into another um that stuff. It's really, i'm telling you, even if you don't want to do it. If you're, like man, that's going to slow me down, i'm a little bit more active that type of thing do it for one month.

Do me a favor like you're, not gon na there's, no net loss to this of you having more information on your own trades. There's no net downside for me: just do it for one month: that's it track it and let me know how it goes. I think you're going to realize things not only about your own training but you're also going to notice things about your own psychology and honestly. I don't even think it's that bad of an idea if it does slow you down, especially if you're more of a green trader if you're new.

If this is your first year, your first two years, hey it's so it's slowed down a bit. The markets aren't going anywhere they're they're gon na be here. If it takes you a little bit to get up and running, that is a-okay, all right did amc gap-fill. It did not, but it's actually on a relative basis, kind of holding up a bit better and i'm just like referring to the spy in the russell, so we're looking for the gap fill on amc 1625, currently trading at 1660., uh gme low volume, it's at 208 Right now, um, so what i want to see on amc is, we know, there's clear resistance in the low 18s, that's where it got smackable yesterday it got smacked in the high 18s, but i would still argue the main resistances in the low 18s uh and in The short term, i would love a break above 1660 that was previously a gap fill from may of last year that we recently just gap-filled, but now it's been giving us a little bit of a problem, so above 1660, then especially if we get above this intraday High at 17., i'm telling you the next major resistance, low 18s gme, i'm actually kind of a fan of it above 105.

um, i'm also a fan of it. That blackrock has been loading up. They now own over 5 million shares 6.8 percent of the company. So that's making me a little bit more confident but jimmy.

I don't think we're going to see another major move on it until we get some sort of nft looping marketplace announcement confirmation successful alpha beta launch something like that. I think that's going to be the thing that really moves the needle on jimmy for amc in terms of a fundamental development. I think the next thing that's really going to move. It is the earnings announcement because i'm expecting them to get into a little bit more of a deep dive of some of the numbers.

The preliminary numbers that they gave us yesterday uh once again, that's in early march, so about a month out uh, but from a technical perspective on amc, look for the break of 17 watch. The low 18s also pay attention to the gap bill at 16. 25. In terms of jimmy look for it to hold above 105, and then i'd like to see that push of like 112 115ish all right uh, so the spy ripped up came down a little bit of a false breakdown and we were battling at that 455 level.

A very, very important level, an extremely important level, uh tesla is getting man. Okay, i have to cut my tesla call. This is just it's doing the opposite. It's just not fun all right i'll! Let you know if i get that it should give me an autofill.

It's tesla, okay, uh looks like i got filled on that all right, so my options account right now just to keep everyone is flat. I got out of the tesla call uh, just pdt man. I wish i wanted to scale out like 80 of my position on that first day and right now who knows for all i know this could bounce like they could just be finding support right here. The spy could just be messing around and rip off of that totally totally possible, but uh.

I guess for me sometimes when i'm in a bad trade there is that emotional weight knowing you're down on a trade. So sometimes, if you just know something's off, it is, and it can be very nice to just get out of that. You almost feel like the weight off and now i'm a little bit more clear on what i want to do or maybe not want to do. But let's see what is actually going on um watching the spy over here, uh amazon going down, no really special need to watch amazon.

So, let's see if amc is going to gap, fill up that 625 level. Just because i don't see anything too crazy, going on um, actually tesla's pissing me off. So let's throw up gme there. Gme is not looking the best either right.

Now, uh looking a little bit south a little bit south all right, the longer the spy dances around here, i'm gon na take a quick, little short position um. If anyone from the discord is listening to this they're gon na get pissed at me, but i'll probably do it through the futures market, just 455 man, if it doesn't hold that hang on. Actually, let me bring this up just because i already had marked out these levels four hour. Okay, here we go so yeah.

I see that there's important support at 4550, but it wouldn't be the craziest thing if it wants to re-test 4520 plus or minus. Like 10 points right, there uh i'll be watching this. What is this low? 50 50 yeah. 4.

550., if it can't hold 50. If it goes down 15 more pans points. Pants goes down 15 more pans. If it just can't seem to hold that um, we might be doing like things have been so hot lately kind of a reversion trek.

But if we go down to these levels, remember we gapped up uh. So if we go down to these levels, let's just see if it balances - and we just put in higher lows - it looks like amc - might be going for that gap bill, i'm looking for gme to hold 105.. That is an important level for very important level. Actually, all right, all right, all right gap fill close couple cents we're about to get rid of this gap fill.

I would love for this to be it the market to put in that bounce and, let's just end this thing, all right gap full on amc is done, but uh amc is going to have a tough time if we keep seeing this type of development. Yeah hang on. Let me update my newest trade uh uh uh. Let me update my newest trade right here.

Where did i get in all right? So i just want to share this uh. Well i'll. Let you know how it goes, but overall just know that through the futures market, i bet against the spy uh just on this breakdown of 455.. That's an important level to me.

I think, there's a good chance, we're testing 451 right now! That's it like. I say i'm always playing tranche to tranch and it's important for me to i guess for my own portfolio of my own sanity. When i see some of my larger holdings, such as amc and jimmy going down, the question is always like: okay, how can i keep things in the green and then right here, the risk? It's super super simple, like it's just this recapture of 455. um, so we're playing it.

I don't know how it's going to play out, but i do like the risk reward setup. It's optimal, uh. The risk reward at this point - probably like a five to one and hey - that's the type of bet that i'm willing to take uh looks like we are on amc, bouncing off of that gap, fill gme what's the volume at 300 000. Ah, i wish there was a little bit more excitement in gme wish.

There was a little bit more excitement, wait and wait and wait and how is amd doing now at opening slowly trending down uh kind of getting hit by the q's google, not holding 3000. the spy and the queues are looking roughly like almost identically the same uh. So we can have up the russell instead and track. What's going on here.

I know a lot of people uh. They kind of get bummed out when the russell is over performing and on a relative basis. Like amc is underperforming, but then don't forget like it. It can be, i guess, the opposite in nature, so, for example, all day the russell sold off, but what did amc do? Well.

It actually like rallied at some point, which was a little bit not in line with the russell so yeah, sometimes it the deviation breaks in a negative way to you and your position, but sometimes the deviation breaks in a positive way. Uh. This ukraine debacle is just words and flexing, and pressure was doing too. They would have already maybe what happened to paypal um, they had kind of lower guidance, and they also got downgraded by some analyst.

Was that the gap, though yes, amc gap filled? If that's what you're referring to and i actually believe the spy and the queues and all that stuff gap filled as well, let's take out check out the daily um, so not a gap, though quite yet i misspoke, we have a gap, fill on the spy 453.63 Watching for this gap, though 453.63, in fact the position i just put on, if we hit 453.63, i will be locking in my money uh. That's actually important enough to me that i want what did. I say: 453. 63.

453. 63.. This is where i lock in my money for this quick trade. 453..

63 right there profit target zone gap, fill gap fill play. This is where i need my money, my money, my money, my money, all right so watching that uh quick gap fill on the spy. Just playing that on the q's did it technically gap-fill 366-19. No, it didn't uh, it was off so the high yesterday was 366.19 and the low was 366.37, so discrepancy of 18 cents.

So we still actually have to gap-fill on the qs as well, which i guess kind of tracks, logically uh, but we are seeing a bounce right off of that gap. Fill with amc, maybe we'll be seeing that with the spy, we're seeing a little bit of bulls return right here on the russell little bit of bowls. Returning to the party here on the russell uh dwack costa borrow is 153 up 50, since yesterday, does that mean there was almost no shares available? To short, i mean it depends. What uh d-wax utilization is.

The utilization is the metric that tells you, if there's more shares to short uh. It is at 100 um. So remember, though, the pool of total loanable shares. It is somewhat dynamic like, for example, there could be some entity that buys dewack right now, like this very instant, they could buy a thousand shares and then they could be willing to rent them out which changes the overall pool.

So it is dynamic. But overall i think it is safe to say that it's becoming very difficult to actually get your hands on shares and that's why you're seeing a cost to borrow on dewac of 290 percent um, let's see what d-wack looks like d-wack, i mean i would still watch 89 on it kind of an interesting level to me, uh, finding some support at 79.. We know there's resistance at 81.82 if this breaks above 82 you're watching 85, then 80.