Support the stream: https://streamlabs.com/mattkohrs Stock Market Open: AMC, GME, TWTR & SPY
Dumb Money w/ Matt Kohrs
True Trading Group Education Partner
TTG $3 Trial: https://ttgshort.com/ttg3-moon
Track WallStreetBets w/ Tendies
Retail Sentiment Sponsor: https://bit.ly/TendiesApp
FTX Crypto Investing Sponsor:
💰 Save 5% on all trading fees (FTX.US Pro): https://bit.ly/FTXMoonGang
💰 Get a FREE coin when you trade $10+ (FTX Blockfolio Code: KryptoKohrs): https://bit.ly/BlockfolioMoonGang
Public Stock Investing Sponsor:
🚀🚀🚀 FREE Stock, No PFOF, NO Market Makers: https://bit.ly/PublicKohrs
Track My Trades & Share Yours:
https://mattkohrs.locals.com/
🦆🦆🦆 Crypto Channel: http://www.cryptokohrs.com
🦆🦆🦆 New Rumble Channel: https://rumble.com/c/MattKohrs
🦆🦆🦆 New YT Channel: https://www.youtube.com/c/MattKohrsClips
💎🙌🚀 Emoji Charting: http://bit.ly/TradingViewChartingSoftware
💎🙌🚀 Moon Gang Merch: https://moongangmerch.com/
💎🙌🚀 Options Picker: http://bit.ly/Tiblio
Socials:
🚀 YouTube Channel: http://bit.ly/MattKohrs
🦆 Twitter: https://twitter.com/matt_kohrs
🖥 Twitch: https://www.twitch.tv/matt_kohrs
📷 Insta: https://www.instagram.com/matt_kohrs/
Video As A Podcast:
🎧 Apple: https://podcasts.apple.com/us/podcast/moon-money/id1550699494
🎧 Spotify: https://open.spotify.com/show/6kdJCHY0VMqLzIxwCHU59A
#Stocks #DumbMoney #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.

So good tip foreign three, two one stop the wreckage hello, hello, hello. I hope everyone had an absolutely fantastic weekend. We are about to kick off another fun-filled week of trading. This will be the first full week of trading in april, which is representing a whole new fiscal quarter, which doesn't really mean that much but hey it's a new month new quarter.

Obviously, it's going to be a new you and you're totally going to stick to your trading plans and rules this time around fingers crossed. Let's see that play out so some interesting things developing early this morning and throughout the weekend. So we got to talk about all of it, we'll be getting into what's happening in the bigger picture scene of the overall market. We're going to talk a little bit about some individual stocks, i'll give you the or text numbers we got to talk about twitter and elon musk and what's going on there, and then i want to talk about, i guess best described as a new internet phenomena.

That's going on and the apes need your help. It will be concluding today, uh, so we can, i guess, show our internet dominance. If you want to play uh this kind of fun thing. That's going out right now on a subreddit called place, so we'll be looking at all of that and maybe idea, ideally getting a better feel for how things could go this particular week.

But overall, thanks for tuning in, i truly appreciate it. Even if you spend a second of your day with me, i'm excited, i think, we're gon na have a fun week. I'm leaning a little bit bullish on some certain equities that i'll be more than happy to call out to all of you and i'd love to get your thoughts on all of this as well. So with all that being said, shout out today's stream sponsor, i am referring to our friends over at public.

You can sign up right now up to seventy dollars in free stock. When you sign up and get rockin with your account, it's public.com coors or you could just use the code map no payment for order flow, no market makers. This is where you need to be in yesterday's update video. I did a little bit of a blurb on a new forbes write-up on ken griffin who owns citadel securities if you're trading on the likes of robin hood, if you're trading on the likes of weeble, all of your orders are pretty much going to a market maker.

Most likely citadel securities, we know 90 of retail trades are not executed on lit exchanges. 90 are going to a market maker, which really means it's kind. It gets into a wonky scenario of price discovery. If you want your trades to count, you got to look at something like public and, if that's not exactly for you, maybe in exchange that lets you directly route.

But i'm telling you. I've looked at those i've looked at this and it is far easier to get done what you want to get done on public um right now, they're in the u.s, so to my international viewers. This will not be an option for you, but uh: hey! It's free stock, so if you're in the us - and you want up to 70 of free stock today, you might as well get rocking with it. It's pinned to the top of chat.
It's in the description of the video, especially for all of you folks, over there on rumble all right. So let's take a little peek at what's going on in the market today, a little bit of a mixed bag, opening the dow a little bit down the s p and the nasdaq a little bit up oil is coming up as well. So we bounce off of that 99 level back up to 102 right now, and this is most likely somewhat related to uh. Out of germany, they've made some official stat like statements that okay, what's going on with russia and then them obviously not only their invasion of ukraine.

But on top of that trying to make people to pay in rubles they're trying to get off their into their really energy reliance on russia so from right there once again, it's constraining supply and obviously when supply goes down, the demand stays the same or goes up Price also has to go up and the yields the 10-year yield. Okay, we've been talking about the aversion it did officially invert last week. So remember: there's gon na you're gon na hear about yield, inversion, yield, flattening all that stuff and you're gon na hear about it. Being a recession indicator every recession we've had since the 1970s.

The yields have inverted before it, but there's also been times where it's inverted and we haven't necessarily had a recession. So sometimes it gives false signals and also, even if it's an accurate signal, the average time from the inversion to the actual recession is 17 months. Just to let everyone know the quickest one has been six months and the farthest out. One has been 23 months just to give you a little bit.

Data about the whole yield inverting and they're looking at the two and ten, and we can check that throughout the day if you want, but this time around in a little bit more of a short to medium term time frame. I want to remind everyone of this right here from the end of march. To the end of april is a very, very bullish, time period, in fact, from a seasonal perspective over the past two decades and we're actually going to get into more data, i found for you, it's still very, very bullish. Does it have to play out that way? Absolutely not i'm just trying to teach a little bit about seasonality in these patterns and right now, the overall equities market and because of the correlation right now, you could also argue the crypto market.

There's a strong bullish push which, for the month of april, gives me a little bit more of a bullish bias. There's a 90 percent probability that the stock market has already bottomed in 2022, according to fun strats tom lee 90 chance lee thinks as long as the economy avoids a recession. The s p, 500 could surge to 5 100 right now, we're around 4 000 and like 500-ish, depending on the day. This recovery in equities is close to the 200-day.
Moving average generates quite a lot of positive signal. So that's a little bit of a bigger time frame, but remember um depend like this is all time frame specific, so right here, they're, saying: okay for the year, we're good and we're looking higher and higher, but you might be saying: okay! Well, what about the day? The week the month, this particular quarter and that's why i like to tie in the seasonality so right here, markets will be looking for clues from the fed ahead as historically strong month gets underway april is a historically the best month of the year for sox, with The s p 500, gaining on an average of 1.7 investors, will remain focused on developments around ukraine, but will also be watching for clues from the federal reserve on its plans to tighten policy also referred to as qt quantitative tightening. Before this we had quantitative easing qe and that's where they put a bunch of money into the economy. Well, now they're trying to fix the balance sheet, which is to the tune of 8.9 trillion dollars the fed releases.

The minutes for the march meeting, where it raised interest rates for the first time since 2018.. So, in the shorter term, people are obviously always going to be paying attention to the fed, because we're in this new environment, where we've had our first rate hike and now the next one is, we know we're getting more it's. How quickly will they come and how big will they be is like the golden question, we got a 0.25 percent interest rate hike. Now the question is: are we going to get a 0.5? Are we going to get a series of 0.5? Are we not going to get any point fives at all, and obviously this is all intertwined with various things you have to pay attention to this situation in ukraine.

You have to pay attention to seasonality. You have to pay attention to okay this week, this quarter this month, this the remainder of this year. You got to take in all these little bits of information and then apply to the time frame that you are attempting to make some sort of trade and or investment, so with all that. Obviously, this is other stuff that needs to be paid.

Attention to putin wants the west disarmed into thinking. His ambitions won't go beyond ukraine, former nato commander says so, even though it has kind of fallen out of mainstream media's attention right now. Obviously, there are still some very, very horrific things going on in ukraine. A former nato commander says russia's president vladimir putin wants control over eastern europe retired general clark said the best way to protect.

Nato was thus to help ukraine defeat russia. He called on the u.s to strengthen military aid to ukraine, especially with fighter aircrafts, so a little bit of a development there, but it also leads into you're starting to see how like insanely intertwined. Everything is not only on the geopolitical scale, but then that how that connects to markets not only in the u.s but globally, u.s stock futures entire as fed officials, eye big rate hikes and europe weighs more russia sanctions, u.s stock futures edge tire monday, as investors monitor The federal reserve in ukraine conflict fed official mary daley um. She is a little bit more dovish.
I would argue especially compared to the guy out of like st louis bullard um. So in terms of all these fed members. Just to give you a little bit of idea about her just some of her commentary, typically a little bit more dovish, but it's interesting now that she's coming in saying the case has grown for a 50 basis, point rate hike in may. So now you have some noteworthy dovish members who are switching a little bit more hawkish.

Remember hawkish means you're going to fight inflation a bit more aggressively, but a side effect that is a less accommodative environment for the overall stock market, so think hawkish means inflation down and stocks down, while dovish means inflation up and ideally, in the short term, also stonk Market up european governments are weighing more sanctions on russia, as reports emerge of war crimes in ukraine. So this is a very, very unfortunate thing that came over the weekend and some brutal looking pictures um, definitely not safe for work type of pictures coming out. It was very sad but um there are various european governments, but the one that i was reading the most about over the weekend was particularly germany, trying to do more sanctions and basically get off their energy reliance on russia. So a little bit of an update there and right here, uk regulators will review the lme's messy halt to nickel trading after a triggered outrage by canceling 3.9 billion dollars in trades.

I wanted to cover up on this, or i guess like bring this up once again, because it relates a lot to what we were discussing with mr dave lauer last week, when not only were discussing the halts on the training on amc and jimmy on tuesday. Of last week, but then the follow-up on just this crazy story, i feel like it's not getting that much traction, because it relates to commodities, it's obviously the london metal exchange and it doesn't have that exact, nostalgic feel of gamestop or amc, but this is wild. If you want more information on it, i implore you to watch that interview with dave from last week it this the tldr version of it is. There was a big player in asia who had a big short position.

They got squeezed except now. The exchange, the london metal exchange, who is owned by the hong kong exchange and also has ties to jp morgan, is basically just canceling all trades for the days if it doesn't go in its the direction that it wants it to go. Like that's the easiest way, to sum it up, it's absolutely insane. They're, literally just canceling trades like the trade is executed.

You see your p l move throughout the day. The day ends they look back at the day and they know and void all trades. This is one of the most egregious things, and obviously regulators should look into it because, like you might be listening, be like wait. That sounds insane it's because it is clearly clearly insane uh and you got ta look at the hong kong exchange.
You got ta. Look at the at jp morgan, who has clear connections to it, um and it's basically, the exchange has obviously sided with the short position who got blown up to the tune of like eight billion dollars insane. It's like it's actually frustrating to even think that this could possibly be going on right now, but it 100 is and, like i said, want more detail. Listen to dave talk about it! It's just ridiculous, so you got to talk about elon.

Elon doesn't really go too often without making massive headlines so in terms of tesla. Tesla delivers record number of cars despite challenges, so they came in around 310 000. Some estimates. The estimates were between 308 all the way up to 317, depending on who you're talking to, but this is very, very good for tesla, it's very good for the ev space and it's impressive that they were able to surmount their supply chain issues.

But this isn't really why elon is being discussed today. Elon is being discussed because of this elon musk takes a 9.2 stake in twitter. After hinting at shakeup tesla ceo has regularly questioned silicon valley giants shares in platform jump about 26 in pre-market trading. So, first of all, let's address this has regularly questioned silicon valley giants.

I don't know if this is questioning, but as soon as jack dorsey left twitter and there's that new, ceo, agrawal or however, you say he basically said he was stalin. This is a picture that elon posted and he made him just disappear. I don't know if that's just questioning. He has not only like really really bagged on him to like just the classic elon musk degree, but now he's putting his money where his mouth is.

Now, to most people, three billion dollars is a lot to you to me. You put all of our money together, you multiply it by a huge amount and we're still most likely, not at three billion, unless mr musk you're watching right now that changes the complete story, but if you're, not which i doubt you are watching, this is about what It costs him 2.8 2.9 billion dollars he's worth about 270 billion dollars. Elon musk could literally buy all of twitter. I want to make that like he could just go out and twitter could just be his.

He could do whatever he wants with it, but it's funny because, prior to this, i don't believe he had any position in it and as you're about to see he is now the largest owner of it, i'm even referring to index funds like vanguard who needs it. Just for whatever their equivalent of the spy or the qs or iwm and everyone else like even jack, dorsey, the owner, the seat or the previous owner, but the founder of the ceo uh. Previously, i should really say: uh, he owns more elon. Musk is the biggest owner of twitter right now, absolutely insane, and this is exactly why it's jumping up.
If you see what's going on in pre-market, we closed at 39.31, currently trading at 49., a 22 jump - and it gets a little bit interesting right here. So elon musk has taken a 9.2 stake in twitter to become the platform's biggest shareholder a week. After hinting, he might shake up the social media industry, and this is referring to one of the polls that he did. The stake is worth about 2.9 billion dollars.

As of friday's close well, okay, obviously 2.9, now you add another 22 to it, which means in one weekend elon has what increased his stake by like another 600 million, a little under 600 million. If i'm doing my math right, um not a bad day to be elon and beyond, like the stalin references for the new ceo, he has done other things clearly going against him. Free speech is essential to a functioning democracy. Do you believe twitter rigorously adheres to this principle and obviously the answer was no.

After two million people voted so not only being the biggest owner, but now actually getting some data back from a lot of users on twitter um. I think it's a very, very bad day to be a member of twitter's board. So before this vanguard was one morgan, stanley blackrock, you came all the way down to seven jack. Dorsey was number seven well now elon's number one and jack dorsey's knocked down to number.

Eight and all these other ones are just big big money, managers, vanguard, morgan stanley, blackrock state street um with that type of financial dominance. The way this was all executed, he had to file it under a 13g, which is those are all the fancy filings that you do every quarter, but that designation, particularly with g, is actually he's denoted as a passive investor. Um we've been talking about this a little bit with ryan, cohen and bed bath and beyond and the way he filed it was actually under an activist investor. So elon has not done that and i want to like very much emphasize yet.

This is why i'm saying it's probably a bad morning to be on the twitter board, because he has so much sway not only truly financially with the company, but also just in his dominance of social media, particularly twitter, that he will most likely strong-arm twitter into doing. Whatever he wants them to do this, at least, if you're watching this - i don't know when you're watching this. As of now that we're doing this live, it's a pacifist investor, but i would bet any amount of money, any amount of money that he will go full on activist investing and it's for the people that he most likely will deem not running the company well or Not having the company's best interest or really the public forum's best interest at heart, i think elon's going to come in like miley cyrus and just full-on wrecking ball. So that's your we're going to be watching it throughout today, because i think this could get absolutely wild, but before we get into some of these other individual socks, i want to talk about another thing that developed over the weekend and i'm talking about the subreddit place.
R slash place: what you see here is a lot of people, many communities, many many people clicking on one individual block and changing the color of it. So when you do it, you are then put on a five minute. Delay and reddit has done this previously back in 2017. They started it on april fool's day then, and it ran for three days this april fool's day on april 1st.

They restarted it obviously five years later and it ends today. I want to make that very, very clear right now, it's april 4th. This will end today and you're, basically seeing just a bunch of internet communities doing what they can to make sure the rest of the internet knows that they have a big community, so they did recently open up a second canvas on the bottom, but on the top Here you can see, amc is currently being attacked a little bit you're seeing some blue come in, so that's being a little bit messed up and that's in the top center below that in the bottom right you see donkey kong. The game stop one in the bottom.

Left is actually still pretty strong. Let me show that to you. It should be wait. Game stops is right here, so gamestop buy, hold drs gme, you see roaring kitty, you see a funny ryan cohen and then that's from super song.

Loop ring immutable x. So that's there and then they opened up the second one on the bottom and the one that i like the most on this one is right here: it's this wall street bets like the diamond handed guy, so that's kind of in the second fan or canvas. That's kind of in like the top left but check out a very very cool wall street, bets diamond handy guy and there's actually a lot of cool things. There's a couple where's waldo's, but any of the anyway you can come in change.

The color of a block represent whatever community you resonate most with. You can do one block change every five minutes, um there's some bots that are like keeping ones like very, very strong. So, for example, you see like i guess, like a french group over here - you get some some croissants, the louvre. It's a lot of cool things.

It's just another internet phenomena, type of a deal. I think it's really fun. I think it's worthwhile to check out um. There's a lot of cool things i like to just go through it and see what's going on um, but it's impressive stuff.

So once again, it is on r. Slash place definitely give that a check, and it ends today, as in april 4th five things to know before the stock market opens today monday april 4th wall street looks higher, but key treasury spreads remain inverted, so you're still going to hear about the 210 inverted uh And if you want more of a breakdown of that, i have done like a full yields like type of a video uh. So if you want to know like what that all actually means and the data related to it, uh that was posted last week, twitter shares soar after elon. Musk takes a big stake in the social network, so obviously we will be watching that throughout the day, starbuck ends share buybacks as howard schultz returns.
As interim ceo, jamie diamond highlands, three forces likely to shape the world. It's probably a worthwhile read. I very much take what he says with a grain of salt. I think sometimes i agree with him and i understand what he's saying other times.

I think he's a bit of a boomer and just doesn't understand the new trajectory of culture. So um i mean obviously he's done super well for himself we're talking about a very, very influential, affluent type of a person, but then there's some times where he's just like. I just don't get bitcoin. How do we only? How do we know there's only 21 million, so uh some disconnections with like what i would perceive to be the new age of finance and finally, but not least ukrainian president zielinski accuses russia of genocide.

We talked a little bit about that over the weekend. Hence a new wave of potential sanctions that i do think will be coming down today tomorrow that type of a deal. Let me get out of all these tabs very quickly, then i'll give you some of the uh short interest metrics and all that good jazz and then i'll turn it over to you for some of your questions before the bell goes: ding ding, ding, ding, ding, the Spy short interest of 17, the nasdaq 13 and then the small cap sector iwm, is just below 35.. Now i wanted to bring this up just because i thought there would be a lot of questions is twitter, a short squeeze? No, it is not its short interest.

Is a low five percent cost of power? Not even one utilization. Seven shares on loan 23 million twitter is not a short squeeze. This is people buying it because of the elon story. This is not shorts.

Getting squeezed out of the twitter position all right and just quickly, with amc, we're still in that sub, like just under 21 costs of borrow still oddly low at 2.7 utilization still maxed out at 100 in terms of gme, it's actually dropping a little bit before we Saw it at 23 24 right now, we're just below 22. so still like in that, but we're also seeing cost of borrow come down ever so slightly. I mean last week it was actually up more than like 20, currently at nine and it's kind of interesting to see the fall off ever so slightly in these numbers, as the price has come down in the past couple days of trading, but remember for both amc And gme over the past two to three weeks, we've actually had a very very nice percentage gain utilization same as amc still maxed out at a hundred all right. So with all that, let's go over some of these charts right.
Here's where we are with the s p, 500, i'm in the very short term of like how is this going to play out this particular day this particular week, i'm a little bit torn. So in the bullish case, i see a hammer candle. I see a bounce off of nice support and i see a cup and a handle and if we come back up to this region around 460 461, i would say: okay, next, stop, let's check out 474. This is for the overall market, so i'll be watching that, but all of a sudden, if this bullish hammer reversal, doesn't hold and all of a sudden if the support at 450 doesn't hold, then i'll be watching 446..

So i'm basically going to leave it up to today. Do we have a nice green bar and we're going to fill out the cup and handle or, as in also was this hammer reversal in accurate reading, or are we going to start to go down and not hold the support at 450? Where and then i'd be? Looking short-term bearish to 446, that's what i'm watching on the spy today i'll be reactive and not predictive. Now, in terms of amc, obviously we had a beautiful run-up at one point: we were up 153 percent and ever since the recent run we're still up 72 when in doubt, zoom out understand where we've been where we're going, and this is a very good idea or A very very good, i guess, learning lesson. It's an example: it's um something that should be highlighted.

This is why, for most people, unless you really really really know what you're doing why you should not be buying out of the money, calls that expire that week, because you're going to get excited, you see the explosion, you buy them here and then you get absolutely Burned by premium you don't just keep running the metrics were too hot. This is when i say the rocket engine is too hot and we need to cool off this you're not going to sustain an rsi. That's blown out this high you it's a it's an ebb and flow. You have an expansion, a contraction, ideally fingers crossed another expansion, but when things are getting too excited and you're really really ripping, probably not a you're late to the party.

This is that fomo of when i'm like trying to say in my opinion, i don't think people should be chasing. I just fear that people were very, very excited and if you're, a shareholder, you're still probably stoked, but if you put a lot of money into yolo otm calls that were about to expire on friday, you're, probably pretty upset with how last week went. So i think it's a mindset thing and if you're not comfortable with options, use a paper account start with fake money until you feel a little bit more comfortable about how that world works and honestly it's the exact same commentary with gme, i mean we've had a Crazy run at one point: we were up 157 percent, this one's holding a little bit stronger, jimmy currently up 112 um, but still you got premium burn if you got in on this excitement. One two three like friday, like we just, did a very good job.
At going nowhere, but with this, even though it was bar coding, look what it did to the rsi, it gave it a chance to cool off rocket engines a bit too hot expansion, consolidation and then ideally similar to amc. We're looking for another phase of expansion, which would obviously be a little i'd, be more confident about it if we start pushing 182 again. So, let's see how it all plays out. I mean i'm looking at what the overall market is doing and it's looking strong and on top of that we know april is seasonally bullish, gme amc, they're not really doing much in pre-market, both slightly green um, not too much volume.

Nothing, crazy! There's, no big announcements. Besides, like the r slash placing over the weekend for amc or jamie, so let's just see this is going to be a little bit more of a technical day. I feel, of course, there could always just be an announcement that comes out of anywhere, but for right now, um, there's nothing really on the schedule like okay, we got to pay attention to this for amc and jimmy beyond, just like the prices. Where are the buyers? Where are the sellers who's gon na be more aggressive? I believe that will be the name of the game for today and obviously we got ta watch twitter just so you know i currently have no twitter position and i'll.

Let you know if that changes throughout the day. That's what i have for you for your morning, prep today, monday april 4th now i'm going to turn it over to you for a couple minutes of questions. Let them fly oh and while the questions are coming in uh very quickly, just a quick reminder - and i know it's annoying if you haven't already, could you help me out by just hitting that like button uh that just helps get this video in front of other People who might be interested in some guy in a very, very fancy duck shirt who streams the market. You never never know all right.

Uh, we are holding two amc spots, curious george is below by star wars. Everyone keep it clean. Today. We really we rally again tonight, protect waldo at all costs, shout out quotery.

So once again the there's a curious george right below the i believe it's a big star wars, fighting scene, like you, see the lightsabers and everything is it chasing to buy twitter now uh very well could be, but it also once again depends on your time frame When you're like chasing, is not a a term that like could be applied to every single time frame like if you're like, oh, i just like what elon's doing, and i think he could actually really improve it. Well, that sounds like a little bit more of a medium to long-term type of thing. So if you want to get some investment or some leaps right now, that's very applicable medium term, i would argue with chasing, but in the short term you could just play whatever the clear momentum is of the day. So once again, it's time frame dependent.
It's not time frame agnostic um, depending on an active trade. I think today it's going to have a lot of volatility, so you can make money. If you get the trend right and then it sounds like you're pretty bullish on it. I can understand the argument for that and also the long term, but to be like.

Oh, should i get in right now and all right, i'm like betting on it over the next two to three to four weeks, continuing this. Well, that sounds a little bit chastey to me, but regardless of all that, i would still sit on my hands for the first 10. 20. 30 minutes.

I have no idea if this is going to hold, because if anything, we now have a gap, and you know how i feel about gap fills. We are going to open up all the way up here, which means there's a considerable gap, all the way down to 39.85. But for those of you already in twitter, i would be watching 48. This is a key level.

Oops uh we right there hang on. Let me get rid of these other ones and then you could also watch 52 seems to be pretty important on twitter, twitter, twitter, so be careful. I mean i have no twitter position, i'm in no way. Remember i'm not telling anyone to ever buy seller hold.

I'm not a financial advisor. I just let you know my thoughts and my opinions. You got ta. Do your own dd ding, ding, ding, ding ding, the casino is open and golly.

Golly amc is finding some buyers out of the gate. Wow quickly shot up two percent huh gme too that's up 1.6 and then twitter is still ripping looks like we're going to 50. huh, oh brother, oh brother, oh brother or brother, let's see what's going on today, hey any flow, not quite out of the gate. All right: well, while this is opening it up all right, what kind of questions are you guys asking this morning great shirt? Thank you miles away, you're, just a great person twatter thoughts on corsair, i'm invested in corsair crsr bullish on the esports industry uh.

I like its growth, i don't think it's gon na slow down. I think, if anything, the way we think of a lot of professional sports leagues, i think esports will be thought of in a similar manner, given enough time like a decade 15 years, 20 years. That's why i'm saying i'm invested in it. I like investing in the esports space, elon musk is going to ruin twitter with his edge.

Lord nonsense, uh. I think he's actually going to make it a lot better. I think twitter certain days it all already feels like it's like teetering um, there's a lot, a lot of censorship that rightfully pisses a lot of people off on twitter. Do you also talk about btc yeah? I actually have a whole channel for that.

If one of the mods could throw the link to crypto cores, we just passed six thousand subs over there, so shout out to everyone. The next stop. What's our next milestone, 7500 and then maybe 10 000., so shout out to everyone, and the crypto conference is going on this week. Recently, crypto, especially ethereum and solana, have been ripping so uh.
The crypto sector has been hot people, making some serious money all right. The spy - let me just give you the bigger picture on that. Remember i'm watching this 450 451 level. If we breach friday's low of 449.14, i think it's an easy setup down to 446.

In my humble opinion, all right we're seeing a little bit. I mean a lot of things: gapped up mullen's having a decent day up almost four percent just around three dollars. A lot of things seem to have a different degrees of gap ups this morning, uh, but then all of a sudden we're seeing selling in the spy gme amc all right out of the gate. Even twitter.

Let's see who's gon na end up winning today and dwack. Actually kind of getting hit on the news, dwack down 10 percent. I wonder if that is meant to be an ape breathing fire on the american flag in place on our place on the right side. I'll have to check that out.

Cody all right we're definitely seeing some aggressive selling out of the gate, but hey remember we're three minutes in i. I personally don't like making decisions that early into the market, how all right in chat both for everyone on rumble, or, i guess all three twitch rumble and youtube right now. What is your general thoughts, and this is me asking with no twitter position? Are you bullish or bearish on twitter with the new elon musk news? Can you put that in chat, bullish or bearish? I'm just curious. I'm curious how many people are probably on public making some tradesies or whether they're locking in some attendees or maybe they're, making a position.

I'm just curious. What the overall sentiment is: um bullish on georgie boy, bullish, bullish, bullish, bullish, bullish, bowlers, bearish uh. It looks like the bulls are dominating the party, so it looks like retail, i would argue, is pretty supportive of this move interesting on all three twitch rumble and youtube, patrick i'm in at 47.98 way bullish all right, all right, all right! All right! I like how you bought it a little bit of a decline. You waited, you were calm.

Obviously i would have preferred that you waited a bit more but hey. At least you waited a couple minutes hang on. Let me drop my. I think i can do another um r place square placement.

Myself hang on. Let me get mine in there. My timer's up i've been dropping a lot of colored squares, all right. Let's clean up one of ours that has been attacked straight up attacked.

What do we have right now that one's fine ooh there's like a which one is the most attacked the gamestop one is pretty strong? I guess the amc one could get a little bit of a fix, all right cool. All right. Are the buyers gon na step up today? What's the dealio, what are they doing? What are they doing? What are they doing? Uh kinky kong is saying get the purple out of there. Did i notice the ducks under amc? Wait? No! I did it hang on.
Let me go back, there's ducks on this thing the ducks. Well, i think there's do you have the coordinates on that, because the first amc on the top canvas around like 1230 by like 360., i didn't see ducks there? Is it on cootery was calling out. The curious george is: are those ducks wait? Are those the ducks fighting above the lightsaber hang on? Let me log out and bring this over. That would be absolutely hilarious if people are putting ducks in there.

I don't even know if they're related to the moon gang, but if they are i'll, take it i'll. Just always think that they are hang on. I logged out um right here. We have the curious george around spot 720 by 1500 amc and then it looks like there's one two, three, four, five, six ducks.

Maybe a couple ducks with the lightsaber. I think that's what people are referring to, there's just so much going on on this thing. I wish this. I like this donkey kong.

It used to be a little bit more filled out. That was a fast zoom. Some of these are like super super good, and then people are like yelling that it's bots, which down left three three hang on three three: seventeen over here: oh, what that is wild a duck on a chair. That's absolutely insane it's right by ratatouille! That is ridiculous.

I don't know if that's particularly i mean the chance of this being directly related to this community is like not high, but i'll. Take that one we'll take the win and to get here you just go to r slash place just so everyone knows, but there's a big old duck in a chair, fun, stuff, all right, how's the market, doing back to the thing back to this thing. What else do we have any breaking news for you? Folks? Let me just double check this. Let's see the news, the news twitter shares up 22 after elon all right oil futures extend gains, u.s crewed up by four dollars.

A barrel diamond from jp diamond will may remain in jp morgan chair when he eventually quits as ceo earthquake shakes buildings in tokyo. What else do we have market looking a little bit heavy if it breaks the intraday low here? I'd be watching 451, a dollar above that key psychological level amd returns to deal making with a 1.9 billion dollar purchase of chip specialists pensando acquisition with bolsters amd's offering for the fast-growing data center market they bought it. It was a 1.9 billion deal once again, pensado and that company was amd, which is currently up. One percent on the day, uh, amc and jimmy are back to looking pretty pretty similar.

What else do we have going on? What are the other big movers of the day shout out some tickers that you want on the screen uh someone said ater is taken off. Ater is up 15 percent a tirion coming back to life. Microsoft is apparently ripping microsoft up 1.3 pushing 314. palantir is moving palantir having a good day up four percent prague up 4.4 uh afrm that one's up three percent neo neo neo's up eight percent how's tesla doing today, tesla's, actually slightly red roblox roblox having a good Day up five percent bed bath and beyond that one's up, two percent bbig up two percent uh.
What do we have dkng draftkings is draftkings is up six percent how's penn looking pen is up 2.7. What else do we have paypal? Paypal up. 2.2 apple is up 1.2, so far, so far is up 4.6 interesting we're seeing some green in the market definitely seeing some green in the market right now, reddit placemat uh, i mean we. You must have literally just joined because we've already been talking about like place for quite a bit like a lot already all right, twitter trying to hold on to this 47.50 level, we're seeing some lower highs and the same lows 47.50.

You might be in a scenario of like buy the room or sell the news type of a thing, and people might be locking in profits on the gap up. You never know, though i mean there's some people who probably just got super lucky with twitter calls. Last week, hey may, why is uso up? Because crude oil is up and crude oil is up because of most likely, i would say, they're not confirmed yet, but it looks like there's going to be more sanctions on russia and it looks like more countries are getting off the russian energy dependence. So this is still representing a hit to supply mary jane stocks.

How are these looking tilray down today, sndl up today, mj down today, cgc um, so it looks like the devil's lattice plays - are a little bit mixed bag, but nothing it looks like actually. Tech plays. Are doing better, which leads me to believe that the q's must be having a good day and yes, the queues are having a very very good day so thus far. I know we're only about 15 minutes into the day, but it looks to be like a tech.

Heavy day or as in the tech, sex or tech stocks, that sector is doing well to kick off the first trading session of the week. Interesting interesting interesting did he just say we play sort of mixed bag uh our place. Amc could use some help yeah. It looks like the gamestop um and that kind of makes sense cause.

I would say that the gamestop social media community is more specific to reddit, while amc's is a little bit more sp specific to twitter um. So it kind of makes sense that the gamestop one is very much on lock. So if you have a reddit account and you want to help out like definitely check out the there's, an ape like or a monkey, it's curious georgia and then there's also an amc. One so hey: if you want to color a block, the right, color help our community speak up.

I think it's worthwhile and i think it's fun, why not just the internet? It's a new internet phenomena, fun fact. If you watch my tick tock i'd, try to make a tick tock explaining it and that my knee still hurts for anyone who saw that tick tock. I want you to know that my knee is still like actually in pain. Matt.
Are you still holding a gme call? Yes, i am uh, it doesn't expire for 10 days. So i have time on that. Uh tick, tock is cancer, but it makes me laugh well. Amc and jimmy just simultaneously took a hit and the queues are still holding strong, but is the spy the spy might be bending back around trying to make its decision for the day is the russell russell small cap sector trending down, which is not good news for Amc we also have popcorn next to george, so if you're on our slash place, look for the popcorn to help out with as well amc logo getting hit fam.

So save us. So that's on the top canvas just so everyone knows top center. First canvas so check that out bitcoin kind of steady ethereum, looking good solana taking a little bit of a breather after getting smacked at 140, but solana and eth have just been rip city a little bit of a crypto check in there all right, i'm seeing amc Had a nice push there, but it's currently at 23., twitter looks like for the one two three four fifth sixth time might be twist: testing 47.50 watch 47.50 on twitter. Let's see if that support holds uh fsr.

What's going on with fsr evie, like i mean if you look at fsr, lucid um, neo, actually, all of them but tesla are doing pretty well. Um is rivien even having a good day. Not so much uh, so it looks like eevee plays, are either flat. We're actually having a pretty solid day.

This is some strange amc movement. I don't know quite what you mean by that to me it's just it's just bar coding down up down up this. Is it's boring movement? I wouldn't call it strange. I would just say it looks like premium burn type of movement.

I think there's a little bit too much in the community of when people see any red bar. They just want to scream manipulation. There's like a weird idea that every green bar is expected and 100 deserved and that's like the proper price and then whenever there's a red bar people are like. Well, that's obviously, manipulation because it's a red bar - and i mean you can't tell manipulation from just the color of a bar, like it's usually in like secondary types of data sets where you see that something wonky went on not just like if it's red or green Uh and then for the people who are just listening and are not looking at the screen right now: amc trading just below 23 gme trading at 163, both are down about 1.6 and point two percent respectively.

Uh we're seeing the spy do its own. Weird thing: it's like some how the spy is caught in between the small cap sector and the tech sector. The small cap sector has been selling off, which will be hurting amc because remember amc is the biggest showing within the small cap sector. Then you have the tech sector, that's ripping and looking very, very good, and then the spy is somewhere in the middle.

I would give it a little bit more bias towards the tech sector just because, if you look at what makes up the top 20 equities within the spy, more of them are going to be tech. Just so, everyone knows like they're, going to be tech, dominant companies for sure the spy getting actually perking up right. Now, where can you get this shirt honestly? I don't know someone sent it to me and it's a super super cool shirt. This isn't a moon gang shirt, just um.
This was in my p.o box one day and i love it and i wear it and it's sick. I actually don't even know the brand i'll look at the brand name in between streams and i'll. Let you know i'll. Let you know, let you know all right, doped up dope, let's see what the whales are doing today, amazon call call neo, co, call spy call, or the only put is really thus far i mean even a tesla call, i'm seeing a lot of calls.

Even baba calls amazon amd, not many puts there's a couple puts, but i would say, there's some puts on the spy, but then there's some calls on the spy. It looks like most things are coming in for calls. We have a tesla call for four days out. We have two tesla puts for four days out so they're kind of like undoing each other, but then we have a tesla call for 18 days out interesting um.

If you want options flow for free, remember, you can check that out on attendees. That's in the that's an app you can download for my ios supporters. Uh amc will end in the green today. I very much hope you are right.

Let's see if you are clairvoyant could shorts theoretically take turns covering their positions throughout the year, so they don't drive the price up all at once. Thanks bro stay thick um. Theoretically, could they yes 100? Is there any like reason to think that that would happen in reality? No because for them it's a very, very cut-throat world. Remember hedge funds: are they against retail and us? I would argue yes, but then also remember that they're against that's their main competitors or other hedge funds um, and they can most likely get more money from being right against an opponent as a hedge fund than being right against the opponent as retail.

If you're. Just looking at like the sheer money and like potential money that can be gained through a play, so could they theoretically do it? Yes, do i think that they would be, i guess, in a certain sense, colluding not really because they're still their enemies like they care at the end of the day, what a hedge fund cares most about is their own bottom line. So all of a sudden, they're gon na be the one who steps out of line and nope. I cover my full position like good luck to the rest of all of you, at least that's i mean i have no special insights on it.

It's just. I think game theory in that scenario would quickly fall apart, very quickly, fall apart, yeah someone called out it's prisoner's dilemma, it's exactly prisoner's dilemma, and i just if we're using it through that metaphor of prisoners dilemma. I would think that in this scenario, they would be the first one to rat out and just say, nope get me out of here and i i just think that's how it would go for people on wall street. I don't think they would play nice with other ones when there's like, if it puts them at continued risk, i just don't see them doing.
It did jimmy cavill, jamie gap filled on friday, amc and jimmy don't currently have any gap fills that i am aware of, but the prisoners can talk to each other. I mean, i guess, even in real life, you could argue that in the prisoner's dilemma of like hey, if your question, this is what we're going to go with, but it's very different of what you're going to do in real time drew matt. 836. 1400.

836. 1400. All right, let me open this back up. 836.

1400. Let me see this one. The spy is looking good right now. 8.

36.. The guy who is like just looking on top of the cat thing is the george is actually looking pretty good right now. The ducks are looking pretty good. The wall street bets diamond handed logo is looking pretty solid, the gamestop one is unlock and actually the amc one is like kind of coming back uh.

It could use a little bit of cleaning up, but i think we're looking pretty good honestly we're actually looking really good, i would even say the popcorn next to the second amc is looking pretty good how's the duck chair looking duck chair is looking phenomenal. I think we're looking good overall team calmly, an optimist, but looking good 8.63 cootery messed me up. Oh man was that, like a weird duck, hair, emoji type of a thing, some of these are so funny when you scroll around on this. The stuff that you see is just insane all right: how are we looking? The spy is ripping, which probably means the queues are continuing to rip, is the russell russell's trying to getting a little bit of a bounce in terms of the spy we might be officially getting this cup and handle might officially be getting a cup and handle.

I might be doing an overall market trade i'll keep you posted on that, because this, this kind of calms down on a small term, a short time frame basis, makes a base and starts coming around. I really am liking this daily, because your risk is well defined at friday's low of 449.14, but the top side you might be able to ride it up to 462. You might be able to ride it up to 474., i'm liking. What i'm seeing in the spy.

I just want to be a little bit more specific with my position of like where i get into it so i'll be letting you know, unfortunately, thus far we're about 30 minutes into the day and amc and jimmy are looking a bit weak twitter. Not doing anything. Really uh it's at that 47.50. I think we just have some profit takers, there's probably some big players who are like we just got absurdly lucky with this 20 spike.

I wouldn't be surprised if they're locking in some money would not be surprised. Ater. A lot of people excited about ater, all right, which one's doing better amc is currently doing better. So we'll leave that up for right now, ater is looking good up.
29 ater uh. I've it's been a bit since i checked its numbers. Let's see, what's going on here, a tyrion short interest of 34 percent cost to borrow 12 percent utilization 100 shares on loan 11.6, not on the threshold list, a tyrion man. This could get crazy.

I mean it has all the numbers you'd want to see. I would like it a bit more if it was on the threshold list, but it's kind of a low flow utilizations max out higher cost of borrow high short interest man. Oh man, oh man, fundamentals. Let's see what else is going on with the tyrion overview uh, but outstanding shares they're 60 mil half of that is the free float um two stocks with short squeeze potential in april this was just called out.

A tyrion was one of them: uh uh uh, who holds this one blackrock vanguard or three and four mv armistice capital short insiders. What have the insider's been doing? Insiders have been selling some stock, well, never mind that was a while ago december last, one was march, but that was oh wait. The ceo sold more than half of his stock a couple days ago. I mean that sucks to be him march 23rd or no, not half he.

Okay yeah. He got rid of 166 000 shares, but he still has 393 000 shares. I guess good to know good to know, but hey this thing's definitely moving today, uh. I have no a tyrion position, ticker symbol, ater, but let me know and chat how many of you are in ater.

I know it was uh. Definitely one of some interest before what's interesting about a tyrion. I believe this is the one that the ceo on twitter, like called out he's like hey. I have evidence that we are being like shorted more than we should be uh, for whatever reason it just didn't really get traction, but the ceo, i believe, was like very specific about it.

Let me double check latest a tyrion breaking out. Is that the one am i thinking of the right? One of that it was the ceo saying, hey, there's like we think there might be like synthetic shares on this play like the own ceo said that tyrion is ripping interesting. People are making it. I'm looking on twitter right now, people have been tagging it and there's some options: trades that have been up a lot.

Someone said that they're bag holding a tyrion at 13., hey they might be coming back to pick you up, twitter, not holding be careful. This is exactly what we were talking about in pre-market of you got ta respect the gap phil it might not fill at all or if it does, it might take a while, but coming out of the gate. The rsi is blown out and it looks like you have some people, locking in some profits on that one: a tyrian, ceo, janiv, sarig, uh, here's the guy's twitter. If you want to follow him, this is the ceo of a tyrion and then right here.
Preliminary data on illegal naked short selling is 7 million shares as of october 15th. This is an addition to the 8.1 shares, officially short, as of reported by nasdaq. We are committed to combating this interesting well congrats, if you're in it up 34, that's crazy, i'm bag holding atr, but it's coming back, almost even congrats. Why can't jamie do what it's supposed to do? Uh, i think we're asking the same question.

Unfortunately, amc and jamie are getting hit at the moment. Amc getting knocked spy trying to hold actually getting a little bit of a bull flag, going on crazy, crazy, crazy, that's wild man. Those are some disgusting gains, how's jimmy looking right now, jamie unfortunately looks like amc right now. Both are getting.

I mean we saw worst days on friday, but right now still not not enjoyable, twitter, not holding it's just oddballs that are moving today.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.