Uh, i'm oh so mum, oh man, oh man, oh man, or should i say, oh brother, oh brother, oh brother, what a crazy crazy day we had yesterday and even the post market action. If you weren't watching what was going on it was lit. We have a lot to talk about, of course, we're going to be breaking down. What in the world is going on with amc and gme.

We have a lot of interesting developments, particularly with jimmy and obviously we're seeing amc and more of a sympathy play react in a very, very positive manner, so we'll look at some charts. We're going to do some data breakdown see what's going on there. We also need to talk about the overall market. We have some interesting developments, not only in ukraine with putin's invasion, but also from a monetary standpoint with the federal reserve pal, and i also want to talk about oil, because once again, oil is showing some strength.

If you're watching this in real time, oil per barrel is pushing about 113. So am i very much down in my uso calls at this moment in time? Yes, 100, but it's starting to trend in my favor, i'm seeing a little bit of glimmer of hope, but a lot a lot to get into. I think i just think there's a lot of people who are very, very excited for what's going on, i'm seeing a couple of people who are saying no stream hit refresh refresh refresh refresh um. I know youtube is apparently having issues this morning, but just you know it's rock and fully, i believe on rumble right here and then also you can check it out on twitch.

Yes, there are tech issues with youtube this morning, we're hoping that they get resolved. Very very rapidly, uh and we'll see how this is going hey if one of the mods uh hit refresh i'm saying this as if they could hear me, but they can't all right. Let's do this thing very, very exciting, very, very excited just want to get that all straightened out. So here's a quick little preview, the s p 500, had a very very strong day yesterday and it cleared the 200-day moving average, which is at the price level 446..

As you can see in pre-market trading, though, i think we're re-evaluating that level and we're gon na find out if this is a legit breakout or not uh. So that's one of the major major things i'll be watching and hang on. Yeah uh hang on we're having some tech issues or i guess we're having youtube, is being sus all right. If i don't know if it's funny, i'm talking to youtube as if they can hear me, but you on rumble are fine.

You on twitch are fine. Obviously, there's just a big tech issue going on with youtube all right. Let's break this down and we'll see, hang on everyone, please man always always something the life of a duck guy. You know you're here and you're just trying to talk about the craziness in the market, and you always just have things like this come up.

If it ain't one thing, it's the other and when everything's cooking, when you're cooking at the level, you need to be cooking at the final thing, is legitimately just youtube: they're like ah we're not gon na. Let you work today. This is why i'm so incredibly happy to be on other platforms that truly support us like rumble. If you are not on rumble, you got ta get over there.

They are clearly clearly doing everything they can particularly do to help out the ape community. I have had private conversations with the ceo along the lines of how do we make streaming better for the ape community? That's how much they care about what's going on, so, if you're, particularly watching on rumble right now, you really are directly supporting uh a streaming video service that, like actively cares about you. They i've had multiple conversations with the ceo and the rumble team. Saying hey like we want to make exactly the ape community better.

What do we want to do and then i've just given them suggestions and they're in the pipeline right now? It is honestly that awesome to be involved in rumble youtube. Sometimes it works other times. It doesn't i've personally had no issues with twitch. I honestly feel a little bit iffy with twitch um, just because of how some of the things have played out with doctor disrespect, but other than that um.

It's. The people are still having some issues over here. Youtube. Not working works now good now, there's just so many issues.

This is so frustrating all right, so we have the spot. I just need to all right: let's get into it overall market, slightly red, the dow, the s p and the nasdaq slightly red, but remember as we are getting into. I guess really we'll call it this the end of this week, but also all of april. It is a very strong seasonal period seasonally over the past two three decades of data.

It is a very, very strong bullish push. I want to make that very, very clear. The seasonality have to play out, no, it doesn't have to, but if you're just looking at the odds of like when is the deck stacked in your favor to be a bull, when is the deck stacked in your favor to be a bear on the overall market? We're in a period right now, where the odds are strong, being a bull and once again it goes from now until the end of the month - uh, i'm not march, i'm talking april so about five weeks, but i also want to bring up r. I would personally in real time feel better about that.

If the s p 500 successfully holds 446, which is the 200-day moving average a key key watch and i think there might be a little bit of inverse action if we see keep seeing oil ripping higher recently over the past two months. That's the inverse correlation we're seeing between that key commodity and the overall market so pay attention to what oil is doing. And, yes, i still have my uso calls. Let's talk about some of the key stuff in the general market and then we're going to get into amc, gme and all that good stuff.

But let's talk about some of the key market developments so yesterday we know that fed pal was talking and he came in pretty hawkish. Actually ever since last week they showed us. It was a little hawkish to raise the interest rates by 0.25 percent. But then the commentary after that from powell from bullard they're, like whoa whoa whoa, are you going to go even more hawkish? Are you going to do interest rate hikes of 0.5 what's going on here? What is the dealio and then other people are like? Okay like well, we kind of need it, because the u.s has an inflation of 7.9.

I just found out yesterday that argentina, if you're an argentinian, i feel sorry for you. Their inflation right now is over 50. You heard that right in argentina over 50 brazil's over 10 percent, the us is at 7.9 and right here. The uk inflation jumps to a 30-year high at 6.2 percent, and just so you know the ecb, the european central bank, um they're kind of being iffy about what they want to do with interest rates.

But then the uk central bank, which i guess they are distinct central banks - is at 0.75, so we're at 0.25. They already came in at 0.75 to battle what's going on, but on a global scale. I'm bringing all this up because it's a very, very like clear thing: it's not just in the u.s the world right now, mainly because of the pandemic and supply shock issues and now russia or putin's invasion. Russia's invasion of ukraine has made things.

Obviously, worse, the uk inflation rose sharply in february, hitting a 30-year high of 6.2 percent year-on-year. It adds to a cost of living crisis in britain, where energy bills, gas prices and taxes are all rising. It also adds to the chances that the bank of england will raise interest rates again in may. They probably will i mean that's what you have to do.

I know some ding dongs on bloomberg. Opinion are saying: hey, no, it's not about raising interest rates. It's literally all about just eating lentils. If you watch some of my shorts and my breakdown videos, there are people who are such an elitist, like douchebag commentary of like hey.

I know i'm a multi-millionaire, but if you mess less than 300k, i bet you're feeling inflation and one of the ways you can battle is just eating lentils that detachment from our mainstream finance media to like the average person, the average joe the average ape is so Wildly offensive here's my thoughts, the stronger the stock market is, i know that the u.s fed powell and his cronies there say that they don't really pay attention to the stock market. Their goals are basically keeping unemployment, low and keeping price stability high and they care much more about the economy. But the fact like they clearly are paying attention to the stock market. The better the stock market does, i think, that's going to give them more free reign to do the 0.5 increases, which is less accommodative for the overall stock stock market.

Hence why i think they'll do it if the stock market is showing strength, but in a way i want that because, yes, in the short term, the stock market will be doing better. We have a seasonal bullish push, but then it also allows them that leeway to more appropriately battle the inflation that we are seeing. This is a very, very serious thing. Remember this when you're looking at stocks now, it's not appropriate to think of the stocks and stock market and volatility and ripping higher and lower the same as last year, because the macroeconomic backdrop is very, very different for, throughout the pandemic, we had the safety net.

The back guard of the fed, pushing things higher and higher and higher with their crazy, unlimited quantitative easing policies. They bought almost nine trillion dollars. They were just flooding the market with money and pushed everything higher and higher and higher, and on top of that we had stimulus checks. There are many things from the big level that you have to understand.

This trading calendar year is very different than the last calendar. Training year just so, you know the fed will be speaking again today. Well technically powell, at a bis panel uh. If someone knows the name or the timing of that panel, let me know, but it is the bis panel uh, so we're probably gon na get a couple more updates from that.

Let's turn things over to ukraine. Zielinski says a hundred thousand people trapped in maripool german leader, says putin destroying russia's future. On top of that, there's other developments. There was a pro-kremlin news source that reported 10 000 russian soldiers had like were casualties of the war, and it was quickly deleted, like almost instantaneously instantaneously, and once again, that was a pro kremlin news source.

So we have some developments there and then some of the us intelligence is saying that the combat power right now of russian forces has dropped by a noteworthy percent. Some sources are saying up to 90. This has become a morale and logistical nightmare for the russian side of things and there's other sources that are saying not only are more foreign people coming in to support ukraine like actively within the country, but morale is just continuing to go higher and higher and higher. Like i said, um the it seems like on the outside and i'm no military strategist, i'm not i'm just a guy who owns doctrines, i'm not a financial advisor, i'm not a lawyer, i'm not a military strategist.

I'm none of that. But some of these reports coming in i do have the ability to read so i could share all those with you and i have a whole host of opinions that i'm more than happy to share with you. But reports are saying putin completely grossly miscalculated with the duration of this with the supply issues like it's just he it seems like he really did bite off more than he can chew. On this particular, i guess debacle in ukraine, russian combat forces has shrunk, a pentagon official says reflecting casualties and other struggles once again, proclaiming pro-kremlin news source very quickly, put up and then took down 10 000 losses and casualties for russia and also the combat power.

It looks like it's shrinking upwards to 90 percent um, obviously, there's still some crazy stuff going on in maripool, especially but for russia. The economic sanctions from many global leaders has thrown their economy into a recession. Their stock market will be in a bear market when it reopens it is allegedly allegedly going to reopen tomorrow. We'll see if that plays out the ruble is borderline.

Valueless could potentially go defunct from a financial standpoint - russia, the german guy, who is at the german chancellor, who actually said that whatever big wig from germany said it uh, the german leader? Oh, i guess this leader um very much russia from a financial standpoint just got murked. I did want to share this just because it had me think a little bit about my interview with ben mesrick. If you have not watched that interview, you have to it's great ben mesrick is an author. His book became 21.

His book became the social network uh. He basically has all these crazy stories and he goes around they're all based in fact of like and at one point he wrote once upon a time in russia and he actually palled around with oligarchs. So if, if there is an american that can say okay, this is kind of like what it's like in the culture there. It was just a fascinating, a very, very fascinating discussion, and one of the things that stood out to me is right.

Around putin's rise to power, there were about seven oligarchs who controlled a vast amount of all of russia's gdp. We're talking about 50 plus percent and basically there's like a whole history to how this did play out and it's a crazy, crazy story. But thinking of that of our conversation from literally last week, a new class of oligarchs could rise from putin's seizure of western assets. Russian vladimir putin has threatened to take over the assets of foreign companies that leave the country.

The assets could be auctioned off, a fire sale of assets could create a new class of oligarchs. This is basically what happened um when his first rise to power was he's like hey, you guys are already rich i'll. Let you keep your money and it was literally just like divvied up, among particular guys particular families and a lot of those are still in power today. They're still oligarchs today, but now, if this goes off um in the sense that these companies leave russia and putin follows through on this.

He just seizes all the assets that say in russia. He could just be handing out like billionaire lifestyles to certain oligarchs who have still supported them throughout this, but that's a weird, that's a weird bet on power. It's a very strange situation because they've had to be loyal to him for a while, even through this debacle. Well, if he's not successful, obviously we're going to continue to pay place sanctions on the oligarchs who are supporting poo and it's a it's a very like high risk high reward type of play for supporting him at this moment in time or not uh, crazy, crazy scenario.

So that's it for your overall view today, i'm looking for the spy. Let's see what happens at 446, that is the 200-day moving average. Also pay attention to oil. Oil has been looking a little bit.

Froggy looks like it might take a bit of a bounce, but we'll be checking those out in the charts, but we got to talk about the craziness of some of the favorite ape socks. We got to first talk about the og apesoc gamestop gained a beautiful 31 at one point in pre-market. It was up 55 and as we're talking real time from yesterday's open. Until now, it is up 39.

This is the og1 and i have to admit as you're about to see. I am crazy, crazy excited about the long-term potential. When i first got into gamestop it had a lot to do with checking out what keith, gill roaring kitty deep fm value was doing. It was exciting, there was a sense of community.

There was a sense that we could really make hedge funds pay and it was nice. I was like oh i'll, get in and get out like just from like a fundamental standpoint. I was like. Okay, like i don't know, if i'll be holding on to this for a long time, i just like kind of want the money from this trade and if we can make some hedge funds pay in the meantime, that's great, but because of this craziness gamestop was able To do at the market offerings because they were able to do at the market offerings, they were able to raise more money because they were able to raise more money.

It gave them a fighting chance to permanently improve in a positive manner the trajectory of the company. What am i talking about it? I'm talking about a metamorphosis from a brick and mortar video game, reselling company to potentially a mega crypto play. I am absurdly bullish on crypto. I am stupidly bullish on crypto and one subsect of crypto.

That, i think is wildly wildly exciting is a new version of nfts. I think the way we think of nfts from let's say circa 2021 of basically a bunch of influencers making silly drawings and then selling them for a stupid amount of money. I think that's a bubble, i think that's going to go away. I think a bit of it will still exist in terms of people like to know that other people know they spend a lot of money on an nft like more of a social status thing.

So i think that will somewhat be there, but i think nfts will get bigger in a whole new aspect of utility, and i think one of the first things that we're really gon na see is going to be in play to earn games. I myself play games, but i don't identify as a gamer, so i know this is like kind of a hot topic in the gaming community. I don't really understand why and i'm not saying this as like a rhetorical thing, i'm saying if you're a gamer and you under, if you could like, take that a little bit of time out of your day to dm me or something of like why gamers are So against nfts, because to me it's so obvious: there's already clearly a demand to buy skins, to do something like that. Those could just be nfts that you then extract extra like value we and like.

Let's just look at a couple, use cases here for gamestop. Why? I'm so bullish on it. We know in certain parts of southeast asia the yearly income is relatively low, especially to the rest of the world. Well, certain games like axi infinity, which is a play to earn game, can actually replace the their entire income and now we're seeing other countries such as argentina.

The popularity is rising because they want to generate other money because they're really going through a super bad inflationary period where their own currency is being devalued, so they are gaining more value by being in crypto. So i think that's going to explode, especially as we see other countries in more of like we'll call it financial peril, but on top of it, even if we're just looking at the us market, there's already so many people playing games. Now, all of a sudden, you can earn money by also just playing the games that you already like to play to me. It is such an obvious, no-brainer and then gamestop stepping in obviously with its name stake the nostalgic value, it's very, very passionate supporter base.

I think their nft marketplace, which i have a big update for you all on, could be absurdly dominant. Let me hit you with some facts: nft trading volume in usd last year in 2021 was depending on the source you're looking at, but let's just call it right. Around 23 billion dollars, that's 23 billion dollars, and i think it's going to continue to grow. It's going to get bigger and then all of a sudden, if gme, is the main marketplace where everyone is transacting for their games to get the skins and that type of stuff, and i think it could get even bigger.

Imagine this you have your favorite game in a particular skin. It's part of a dow, a d uh, decentralized autonomous organization and from there you get to vote on the upcoming tournaments of the next level of the game of certain, just like whatever your voice is actually heard to me. It truly is bringing power to the players that, like i'm so um, maybe i'm not doing the best like at articulating it, but to me gm's pivot from brick and mortar game, reselling to potentially being the most dominant nft game related marketplace. I think the sky's the limit - i really really do we're talking about a multi-billion dollar industry and that's early on who knows what this is going to become so it to me.

It's the perfect beautiful combination of the continual massive growth in esports and the continual massive growth in crypto and then gme is the thing that's connecting those two. I just the long-term view on gme is just getting better and better and better. It truly truly is, but in the short term, that's obviously long term. Here's what's going down of why it just went crazy.

In basically the past day and a half activist investor ryan, cohen, snaps up a hundred thousand gme shares sending the reddit darling soaring 20. On top of this, he tweeted out, i put my money where my mouth is and if you want to look at the exact filings of what's going on so throughout the day yesterday march 22nd, he was just purchasing purchasing purchasing purchasing and he went from 9 million Shares of gme to the end of the day 9.1. So obviously, he bought 100k shares of jimmy somewhere between 108 and the lowest one i'm seeing is 96., so, throughout the day he was just buying buying buying and now his total cumulative position is long on jamie to the tune of 9.1 million shares and also recently, He was in the news again for buying a considerable amount of bed bath and beyond bbby and he's trying to shake that up very much doing the thing that activist investors do so not only was there enthusiasm there like just the fact that he bought a hundred Thousand shares - and yes, he does have a strong, strong quote like filing, which i have to admit, i'm a part of, but then we got this update. This is the butte right here, gamestop nft beta almost here so on thursday of last week.

They had their earnings announcement, they miss on earnings per share, they beat on revenue and there was some reaction to that. But the exciting thing was that they said we think we'll have our nft marketplace live by june 30th of this year, i'm talking 2022 and then the beta dropped with a literal astronaut on it, which you know the concept going to the moon. But here are some of the details: gamestop nft marketplace, powered by loot ring l2. If you don't know, what's going on with loot, bring it's a layer, two scaling solution.

It's a crypto look at what happened with this. It shot up 46 as we're talking right now. Loopering went from 81 cents to a dollar 18 and yes, i am still in my loop ring. I think my cost basis is around a dollar fifty, but anyway we're thrilled to announce the long-awaited gme nft marketplace is now live with the full nft marketplace coming shortly, built atop, none other than loopring l2 and, like i said before, in my little soliloquy there power To the players, this is like it's not just a saying.

This is like legitimately, what they're doing and now, obviously, with l2 it allowed their nft marketplace to function in a fast, cheap and secure manner for the masses. Gamestop in partnership with loopering has the opportunity to cement itself at the forefront of the new nft and gaming paradigm and become the destination for new global digital economies. I know i i that was a poor performance there. I should have put a big emphasis on d and become the destination for new global digital economies.

Loopering l2 to ensure the users receive the strongest digital property rights, anchored by a secure, decentralized, incredibly neutral environment, lootering l2 inherent ethereum self-custodial security, while abstracting away costly gas fees, leaving no one priced out. So, basically, you might have heard of something also referred to as immutable x. Here's the high-level version of it with gamestop their nft marketplace. You're gon na need a crypto wallet.

That's where l2 comes in or excuse me, that's where loop ring comes in and then they're kind of they're using loopering, because it's fast and it's cheap to use, but then you're also it's built on top of ethereum, so you're getting the security of ethereum, which i'm Also very very bullish on and then the actual marketplace itself will be immutable x. So loopering is the wallet. Immutable x is going to function as the actual marketplace, and then those two in combination with gme will be the nft marketplace and once again, that's a high level breakdown of what the world in the world's going on. We believe that today marks an important inflection point for the entire nft space.

We are excited to be part of building the next frontier in gaming, digital ownership and new digital economies. I 100 believe that this will occur. I just think it's going to take time. This isn't going to be one of those things that, within a month, this will be ripping it.

These types of things take time to grow. Hence why i'm becoming more and more jacked up and excited about gme's, long-term potential, uh very, very excited about. What's going on there, so with all that being said about gme right now, the short interest is once again going up. We are at a short interest of 23 slowly, but surely i'll show you right here, just cruising higher and higher and higher.

Recently, we bottomed around 17 and yet we're going higher and higher and higher. So more people are betting against it. The cost to borrow was going up just under 14 utilization is 100 and the shares on loan 21 million so relative to something like amc. It is a lower float, which means it can move more easily in the up or down direction.

Think about the amount of shares in existence as luggage as baggage it's easier to move more quickly with less baggage. But with that being said, amc still has a 21 short interest. The utilization is 100, the shares on loan is 133 million. The cost to borrow is the one metric that i think is just crazy.

I think this should be higher. It doesn't really make sense to me um it's at 2.7, so it is going up, but when you're jack, like both amc and gme, have 100 utilization ever since february 8th at that point, this is the one metric that like it really has me scratching my head And i understand how it could work in a theoretical mathematical sense, but in reality you don't really see things like that play out where the supply is perfectly in line with the demand. Usually the demand when you're already at 100, is exceeding it and that that's when you see the cost of borrow, go even higher. So that's! This is the metric that really is um.

It's wonky to me, something weird is going on there. I also want to talk about how the average age of these shares on loan, which is the process you have to go through to take a short position for amc, were pushing 80-ish days and then ford gme were around like 66, so the people who've been betting Against it have been in the bet for a decent amount of time, both in excess of two months and their the cost to borrow fees, are going to definitely add up against them in terms of the spy. The short interest is 18.5 in terms of the nasdaq. It's 14.3 and in terms of the small cap sector, which remember amc, is the biggest equity and gme used to be in the small cap sector.

But then, because of its craziness last may, when they were doing the rebalancing, it got moved up to the s. P. 400 mid cap indice all right, so that's it. Oh, i also want to give you mullen.

Remember the short interest is a bit wonky of what shares are you or are you not counting, but once again cost to borrow almost 14 utilization 97 shares on loan 24? Mil, i think, out of the gate, the spy is going to test this key 200 moving average on the daily chart, um of 446.. That's what i'm watching, especially with oil going higher and higher and higher. I have calls on uso if you're trying to play oil, you could do it directly on cl through the futures market. You could look at uso um.

I wish instead of uso. I wish i did oxy, which is another oil play, but warren buffett has been getting heavy into this. One he's purchased like seven billion dollars worth he almost owns 15 of the company and, as you can tell not only from his namesake, which prompts more excitement for people to get into these oil plays uh. On top of that, it's just we see oil ripping.

So it's kind of like a twofer while with uso, i'm not getting the benefit of buffett, i'm just getting the benefit of oil going higher and higher and higher. Yes, i am still deeply underwater on this. Uso call deeply underwater, but if it continues to rip i might get lucky so for open, i'm going to watch the spy, speaking of which ding any ding ding ding the casino is open. Let's do this thing: gme um, hey, i'm gon na.

Ask all of you to keep me accountable to not answer any of the ding dongs today. So i'll make it very, very clear. Yes, i still have amc and jimi. Hence why i'm so jacked up about amc and gme going higher? If you want to see my position go on public, it's in the description of the video.

It is um. The code is just matt. It's free to sign up 100 free to sign up. You could get up to 70 of free stock when you get rocking with your account, you could just put in the code matt up to 70 of free stock.

What's better than all of that, though, the free monies is the fact that you will not be engaging in payment for order flow. You will not be engaging in benefiting market makers such as ken griffin. If this is getting, you excited about amc and jimmy, and if you personally make the decision to buy more, i beg of you to not buy more on the likes of robin hood, not to buy more on the likes of robin or weeble or robin hood. Those are payment for order flow.

We know that it has like not the same impact on price discovery um. It's you want to be trading on lit exchanges if you're on something such as fidelity td, ameritrade, interactive brokers, um with those you're going to want to manually route you're going to want to pick the route to something such as iex, which is an exchange that i Definitely like am highly highly supportive of if you are worried that you're not routing right well, you could just use public where we know it defaults to never doing payment for order flow to never sending to market makers. You don't even have to route on it. It's already taken care of they've refused to do that.

They used to in the past, realized what was going on and they're like. We will not engage in that anymore. Why are there no likes? I think it's just because youtube is having very very serious issues this morning, but there are no issues on rumble. There are no issues on twitch uh.

This is just truly truly insane. Isn't it weird like it's absurdly weird that on days like today, like that's the day that streaming goes down and maybe that's a little bit tinfoil hatty like i'll, give you that one yeah it comes off as pretty tinfoil hatty, but man like out of all days That they're gon na have an issue. It's like the day that you could predict that like live streaming, viewership is gon na go up like right now. What i see on my site, concurrent viewers, zero, like one, that's what i'm seeing on my end, which is just insane uh, i i don't know.

What's going on, i tweeted at youtube: ding dongs, those ding dongs, oh man, another day, another session of nickel limit up. Another attempt by the lme to bail out their friends at some point they have to realize this is futile. Emmy second ring session on march 23 is nickel, deemed a disrupted session and alleged trades null and void. The whole nickel debacle is just crazy.

All right oil is still going, i'm curious, um, obviously we're going to have amc and gme up, and i need to remind everyone. Nothing i say is a buy. Nothing i say is a sell. Nothing i say is a whole signal this i do what i want with money money you got to do what you want with your money, do not make a trade based on what i do, or don't say, or the clothes i'm wearing or the amount of cheese That i eat, i am not a financial advisor.

You got to be in control of your own money. It is your money. I pay my bills, you pay your bills. You got to put yourself first, i'm going to put myself first, that's! What's going on in this world, like you got to put yourself and your family first, i'm more than happy to share my opinions and i'm more than happy to explain things to the best of my abilities and maybe that will be used in some sort of like Education process, but what i think of here, i think of my job as i am a market commentator, that's what i do.

I comment on the market and relationship advice and the prevailing trends within fashion. Obviously i comment and all that stuff, but use it as a starting point, use it as you're like okay, that was kind of interesting and then go and do a little bit more of your own dd. So you have your own confirmation in what you are or aren't doing um. I have made the personal decision to still be in amc and gme.

Some of you have tagged a lot. Others of you haven't. That's fine. I don't like.

I have it's your money, i'm not here to uh be the arbiter of your financial decisions. I hope whatever you decide to do. I hope you make a butt load of money. That's what i'm in this for uh yeah tilray here i'll, throw it up over here.

So we're seeing some of these marinara plays actually do well this morning, because other ones were bought out at a pretty nice premium. I like so what that did was basically elevate. The value of these companies can you do a stream of the top 10 play to earn games on the other channel yeah um. We could definitely do something like that.

I've actually only played one or no that's a lie. I played town square on gala games and i also played axe infinity um but other like i haven't, played 10 in total play to earn games. This is just crazy uh, mr matt, if you have one minute, i'd make a quick theory vid on video of what i think is going on. You don't have to watch it on stream.

Just give me your thoughts, uh, you can dm it that way. Uh! I can't make any promises. Obviously things are hectic, but uh. If i find myself with some free time - oh well, you said it was wait.

Is it a minute whatever it is dm it to me on twitter and i'll do my best but yeah we're seeing some of these marinara plays ripped just because other companies were acquired at a pretty nice premium. The spy right now remember, i'm looking for that. Re-Test of the 200-day moving average, which is 446. right here, four-four.

What is it technically 446-30? I want to see the market's reaction to that. If we come down and it bases there, that is a beautiful bullish sign between we'll call it 446 30 and 446 flat um if we base there man, oh man, if this starts to turn and rip, i think we could see even more rippety rip rippity in Amc gme like this could get absolutely crazy. Am i online on rumble and twitch right now? I am. Some people are able to watch me on youtube and they're watching other people are having issues you could try refreshing, but, yes, everything is perfectly fine on both rumble and twitch.

What's going on craig, what's going on, travis drew brooder mega man all right amc, looking good jimmy looking good! This is gon na get crazy i'll. Give you the levels of resistance that i'm personally watching on amc here. Let me drop the 200-day moving average clear breakout between 20 and 20 25. This is a clear region of resistance.

That's my first target and then from there. The mega region of resistance. That would be amazing for us to break out is right around here. Between 23, 65 and 24 - and these are all just technical levels of resistance - but this one's even more important because it's a key technical level, but we also have this trend line.

I am watching right here, the high 23s to 24. That would be a huge breakout, but obviously first we have to get above the resistance at 2025.. That's what i'm watching on amc and i'd also like to point out how we had some nice bullish divergence in the rsi from january 28th to march 14th. The stock had gone lower, the rsi is higher uh, so that's bullish divergence.

There was a momentum mismatch between the price action and really what the bowl and bear momentum was. Hence why it's called bullish divergence and now i'm looking for a test of right here. In terms of gme uh, you can see the same bullish divergence. The price action has gone lower.

The rsi was higher once again, a mismatch, that's why we call it bullish divergence. Unlike amc in terms of the trend line, i have gme, it actually broke out yesterday. It's showing some strength, we got above 130. My next target is 140 and then after 140 we have a key level at 160., uh, so 130.

We're looking for that to hold then i'm watching 140 and then once again, 160. After that, the spy we're looking for it to basically make a nice base right here. This is what i'm watching i'm calling out 446 and then i'm looking for. How does the market react to that? Buyers could easily step in and we can rip, but if it falls, it might start to drag some of the other big players with it, such as apple microsoft, nvidia tesla, those types of things: how is oil oils rip city right now? Are my uso calls coming back i'll? Keep you updated because this is going to be the comeback of a century? At one point, i got into uso like a week or two ago, and i may i the expiration date is april monthly.

So i now have about what two three weeks, something like that. I was down 95 a couple days ago. Now, i'm only down 78, so my uso calls are slowly but surely like climbing out of the gutter, it'll be the comeback of the century. I might be laughed at now, but when this goes profitable and i'm living on my island in the caribbean, we'll see who gets the last laugh hypothetically and entirely educationally, how might someone best play options like amc and jimmy behaving this way? Well, uh really you'd end up like the most profitable, but also the highest risk is just yolo out of the money calls but, like i said, don't don't just think.

Oh wait. He said. That's the most money focus on the fact that i said it's the most risk the chance of you making that money is low, but if you end up being right and these things do rip well, that's the big payday, but also you have like, i think, there's Too many people who focus on the first part of that sentence. This is like okay, the most money is made through here, but understand the odds of it.

Playing out are the least because, just naturally the farther out of the money, you have to go the farther. The stock has to like really rip, which means it has to gain the most amount of market cap, and then, on top of that, you have to look at the timing of the situation. If you're doing out of the monies that expire on friday, that is the highest risk play, you could possibly do as in you're taking the biggest risk with your premium. But if you end up being right, it's also going to be the biggest payday.

So it's depends on what risk and reward you want, the farther out of the money and the shorter, the expiration that's the biggest risk. It's also the biggest reward. The least amount of the risk in the least amount of reward is going not as far out of the money and it's going farther out in expiration. For me, i have no aim to your gme options at this time, i'll be completely honest and frank and transparent.

With all of you, if that changes, you'll be the first to know, but i just have my stock right now um, i i in terms of options. They had a crazy day yesterday and i don't know if i like want to pile into that chase uh just because i don't really know what's going on with the overall market. If i see an opportunity like i said i'll, let you know, but i'm very, very comfortable with my shares right now. I still have exposure to it.

I'm i'm on the rocket ship. I have a 4x uh, a four x amount of shares of aims. Three and a three x amount of shares of gme and i'm on it. So like i, i don't feel that extra pressure, because i'm already getting exposure to this crazy, crazy gain.

Someone said tesla's going. Nuts tesla is going out. It's tesla back above a thousand wow and what's muln at that's at 322., things are just ripping today, uh jamie. Coming up to that first resistance.

I was telling you about 140., it just tagged 139, so we were exactly a dollar shy and then with amc. Remember that big resistance is at 20 25, which we are about 75 cents uh. I have it tagged at 130 or 20 30., but we're seeing some strength. Let's see how they react to their first level of resistance.

Uh just buy the stock amc and gme screw options play it safe. I mean some people, that's the appropriate thing to do other people. They want to do something like more yolo and that's up to them like. I am not here jimmy tagging, its first resistance, i'm not here to like tell people like what is right or wrong it's their money.

I have no right to tell anyone what to do with their money if they want to go like bet on xero on the roulette wheel have at it. I hope they crush it if they want to play it a little bit more safe and just bet on red or black, as in basically them going up through stock, hey, i hope they crush it too. I do want to offer a little word of wisdom here. If you are not comfortable with options, if you are a relatively new options, trader amc, gme, the craziness and tesla in oil right now, that's probably not the best environment for you to get started with options options.

I think it's understated how complex they are. A lot of people think well, if i buy this and the stock goes up like i have to make money, and it's not like that. You have to take the time into account. You have to take the volatility into account um.

This is not the environment, especially with the equities. We currently have on the screen to get like to kick start your options career. So where should you start with a paper account with not real money? And you do it for a couple weeks couple months, maybe even a couple of years till you are consistently profitable in that paper trading account options are like gravy on your mashed potatoes. I agree similar to gravy options, can make me scream in excitement or cry in my shower for hours very, very similar, all right jimmy getting rejected at its first level of resistance.

But how did the duck man do it honestly? Anyone on this planet could call that out. The reason i knew about 140 is because i was like oh wow. It looks like there was a lot of support at 140 back in december. I wonder if it's now going to act as resistance, it's that simple like whenever i do this support resistance thing.

Don't think that it's some like crazy, mathematical feat, it's as good, as can you see the highs and lows the points of a u-turn whether like it's balancing or getting rejected? If, basically, if you can see the chart, you can do support and resistance. I think there's a lot of traders who like to make themselves feel better by like overstating the difficulty of basic technical analysis. It is easy, it is something you could be a very good like technical analyst in like all weekend, it is um. Don't think that it's like a very difficult skill like i don't want it to scare you uh, you could definitely learn most of what you need to know about technical analysis by dedicating like one weekend of your time, loopering thoughts, uh.

My thoughts are, i want it. Maybe more of a prayer, but i want it to go higher and higher i'm in loopering. I don't know my average cost anymore. I swear it's a dollar fifty, but hang on i'll find out for you.

Let me log in. Let me see. Let me see. Oh, my crypto portfolio is looking beautiful.

It's looking like a beaut all right. How do i see i, my average, my and i've been in loopering for a hot minute. Now? Is a dollar 38, a dollar 38 on loop ring, and that's counting, my like fees and everything too. So technically, it's a little less, but overall loop ring my average 1.38, which means i'm almost back to break even oh wow, all right so gme broke next.

Stop not 150, it's actually 160 is what i'm watching there 160 and then amc's coming up to its first major test and then after 2025. I think it's pretty much clear sailing up to the higher 23s tesla having a solid day oil. I just need uso to continue to rip. My uso is like the strike is like 125, so i needed it to really really rip uh.

Interestingly, the spy is showing some weakness watch this 446 level. We don't want the market going down to kind of like pee on our parade here. All right amc battling its first resistance. If it can hold this successfully, i think we're cruising up to the high 23s.

That's the next major level. I have on amc, damn gme still also showing some strength plus 725 on ames. He calls that as disgusting. Congratulations, i don't think spy has a gap.

Phil, i'm not seeing a gap fill on the charts right now, yeah remember gap bill's like it's, not um like as you could there just isn't a gap. I guess when i see one i'll point it out, but like, for example, this was a gap from february 8th until the 9th like a literal gap in the chart, and then it was filled on the 10th. All right we're watching amc at this breakout level. Will it break no idea, 50 50 shot, let's see showing some strength, though the spy's starting to bounce and jimmy turning some heads interesting uh, my theory, hundreds of hedge funds, close through the pandemic.

What if citadel and bigger hedges are using us to blow out these smaller hedges, so we can win and citadel now owns more of the market and the liquidity um. I think, with that there's a couple things you really need to consider because remember the citadel, the hedge fund, but also citadel the market maker. So when you're talking about liquidity, you're, probably talking about the market maker market makers, don't take directional bets market makers are there to provide liquidity and they benefit off an immense amount of trading. That's what market makers? That's the game.

They're in shaving a portion of a penny off of every single trade now citadel the hedge fund. That is a different story. That's like a legitimate hedge fund, which is definitely taking directional bets um. So i think you're kind of conflating the two of like what their goals are, but when we're talking about the market maker citadel, all they care about is are people trading, and how can we get them to trade more? They benefit off of an excessive amount of volume and they're the volume, especially tied to robin hood and weeble.

Hence why, before the stream started, i said if you're excited by this, i beg of you, i beg of you to not be buying stock on amc or gme or any equity on robinhood or weibo, because you are directly lining the pockets of these market makers, i.e. Ken griffin, you are directly like helping them profit they are make. They are. Their algorithms are just so good, any trades that come through they're going to end up most likely being net profitable at the end of the day by just facilitating those trades.

When it comes to options, that's a little bit different, because when the world of options, you really can't it's a different market, it's not the equities market. The way options work, it's a derivative market, so um, it kind of i don't know, functions in a funky sense. Uh but you're not going to be able, at this point in time to avoid payment for order flow when trading options uh, i love weeble, you shouldn't love weeble. You definitely shouldn't um similar to robin hood.

They explicitly go out of their way to accept higher payment for overflow, and you end up getting worse fills. You might think that it's not anything to you you're like well, i don't care if i get to fill a cent higher or sent lower, but think about what that does in the aggregate to all of retail, if they're always giving retail like a worse fill to The tune of like one or two cents that adds up to billions and billions and billions of dollars. There is a reason why ken griffin is a billionaire when he owns citadel securities, the market making fun, there's a reason. Why not only does he own five massive massive mansions, he also owns the most expensive house on this planet.

There's a reason: why he's able to buy chelsea the soccer team right now, there's a reason why he was able to buy the constitution they're like it's, because he's taken a little bit of money from all of retail. If you want to fight against it, don't be on robin hood, don't be on weeble! It blows my mind that you got to do what's appropriate for you, i'm just trying to explain the facts, but in terms of creators and influencers and people who have a following, which is like kind of weird to discuss the fact that some are still on weeble. Even for charting where that could be misconstrued as somehow them supporting it, it blows my mind, get on something like trade, like trading view right here, to be on something like weeble. Even for this argument of like i like it for charting you're supporting a company who is actively they don't care about our success, they care about like making their own bottom line and top line better and better and better don't use market orders.

That's good! Wasn't i sponsored by weeble, i was never sponsored with them. I was a weeble affiliate and then i learned about what was going on and i was the first once again person with a following to get off, which is all documented on everyone's, like litany of videos on this subject. But if you look at what went down in 2021, i was the first person to get off, because i had the fortunate pleasure of being able to have connections such as dave lauer. Who took the time to explain to me what was going on and as soon as i understood what was going on, i got off and then other people like quickly followed.

How much do you have in amc? I don't know off the top of my head, but i know i have a four figure like amount of shares, but also it doesn't matter like legitimately. If i had a three figure, four figure: five figure, six figure amount of shares of amc or gme. Would that impact what you do with your money, because if it would, i don't know if you should be in amc or gme, what broker do i use for stocks? I use public for crypto, i use ftx for futures, i use tradestation and then for options trading. I use thinkorswim.

Do you think amc will go above 30 ever again, i very much hope so i would look. I i'm invested in it no after hours trading on public correct, but you do not trading in pre-market and post market. You are not protected by the nbbo, which is one of the things that like to the best that it can. It keeps market makers accountable when you are trading in pre or post market.

Like extended hours trading, you are not protected by mbbo, so even the malicious things that occur between 4 30 or 9, 30 and 4. They get worse in pre and post market trading. What do i use for charting? This is trading view. Just so, you know all the pieces of software i use are in the description of the video and also shout out to check out, what's pinned to the top of chat and, if you're, on rumble or twitch.

Look in the description i'm talking about attendees. If you want to see the social sentiment of the apes and also get free options flow, you can download the app for your phone. It's an ios download right now they are working on the android version of what is or isn't happening, um, but that should be rolling out very very shortly so right now, if you have an iphone, it's pinned at the top of chat. It's in the description of the video, the app is called attendees.

You get the social sentiment of the apes of what are they talking about? What are what's going on on wall street bets, and you also get free options flows for the equities that you care about. All right notice how amc came right up to its resistance. That is a mega level of resistance. I would have been thoroughly surprised if it broke through on attempt number one.

I think it might base here and then i think we could see another test if the spy does well. If the small cap sector does well if the nasdaq does well. So if we're seeing the overall market start to bend around and get out of this early morning, bearish trend, i think the shots of amc re-testing, the shots of gme re-testing, are going to get higher. What happened to my spaghettios? I still enjoy eating them like every day.

I love spaghettios. My question, you think stash is part of weeble and hood debacle. Stat. I don't know what stash is mikey.

I'm sorry, i don't know much about etoro either. That's more of a like an international brokerage. I believe etoro is popular in what um the it's in europe. I believe it's pretty popular in the uk and also in mexico right uh cameraman says there was a large 500 000 print at 2027.

What does that mean? I don't know, i don't think she knows what it means i just made 10k on 19 amc calls carson. That is amazing, seriously massive congratulations! Um there is, i don't know like i. I am here to applaud any of you for taking a risk with your money and making more and then, if you end up taking a risk - and it like ends up going south on you - well, okay, i'm here to help.