Foreign bye uh here we go hello, hello, hello, we're here to talk about the old stonk market. For today, wednesday april 13th. The market is going to go ding, ding, ding, ding ding in about 30 minutes. But before that happens, we have quite a bit to go over.

I want to give you a little bit of a recap of what happened with the cpi, the consumer price index aka the inflationary gauge that the fed will be using that came out yesterday this morning, around 8 30. We got another one called the producer price index and it's just basically how much has got stuff gone up to be a consumer. How much stuff has gone up to be a producer. So we'll be talking about that.

I have some updates about russia, sri lanka, we're going to talk a little bit about shanghai and china. Then we have a lot of earnings announcements to get into i'll, just be covering three. We have another twitter story um. I want to talk a little bit about a tyrion and veru just because they have been doing a lot of crazy movement yesterday um in the past couple days, and i know a lot, a lot of people are probably watching them uh.

Maybe we could come up with a better trading plan so, as you can tell uh quite a bit of volatility, a lot of this is being prompted by the us government, also by the u.s federal reserve, so with volatility, whether to the upside or the downside. As long as you have a solid trading plan and are kind of interpreting the chart and the news appropriately, you can make a decent chunk of money, don't be scared of red days. Don't be scared of green days, be you need volatility and honestly, even if there's no volatility, you could just sell premium and you can make money that way. The name of the game when it comes to the market is no matter what the market environment is.

You can make money, there's always a way to make money you're just doing your best to identify the current market regime that we are in so before we get into more of a full-on break down there. I want to quickly shout out the sponsor of today's stream. Attendees we are partnered up with attendees. This app is 100 free and there's no way you can buy anything.

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It's in the description of the video right now, it's just for ios, it's just for people with iphones. They are going to be rolling out android, but on top of free options flow, you also get free sentiment analysis, so you might as well get it if shout outs, attendees, very, very cool, and you can also see what's going on in wall street bets and reddit And that's how they do some of their social analysis or social sentiment analysis they do it for equities and for crypto, as you can see, pretty cool but free real-time options order flow. You might as well check it out all right, so obviously shout out to tendy's there, so here's a quick peek at how some of the things are looking spy. We had an interesting overnight session and pushed up came back down.

We'll be talking about why? Basically, it's the producer price index eterium should definitely be on. Your watch list today had a crazy move in the close uh and, let's see it's holding pretty decently, thus far, so definitely gon na be watching it, at least out of the gate this morning to get a snapshot of what's going on in the futures market, the Dow is slightly red. The s p is unchanged: nasdaq slightly up oil back above 100 cruising at 102. yield's coming down we're seeing that yields kind of had a proper rubber band like retraction after the consumer price index report came out yesterday, which, yes, i will be going over that, but Before that five things to know before the stock market opens today wednesday april 13th stock futures rise after tuesday's intraday reversal.

So let's go back a little memory down memory lane. We got the consumer price report, the at the cpi at 8 30. that prompted the market to pop pop pop, and then we actually got a nice pop all the way until about 9 45. So the first 15 minutes of trading was pretty bullish and then, as you can see, it just got rugged for the rest of the day.

Why did this happen? Well, the tldr version of that is the consumer price index came in at a four decade high at eight point, five percent, which was even hotter than expected expectations for year over year, was eight point four percent. The fact that inflation, you could argue is out of hand, is going to a lot of market participants, would assume that this is going to force the federal reserve to be more hawkish to battle inflation. The tools at their disposal to battle inflation, i.e being honkish, has a side effect of not making the most accommodative environment for the old stock market because it means money is more expensive and obviously, money is necessary to grow a business. So a lot of market participants are saying inflation's high.

Then they connect that to okay. The fed has to be more hawkish and the next fed update we're going to get is going to be on may 4th wednesday may 4th we're most likely going to get a 0.5 interest rate increase. Just so you know, and that would bring us to 0.75. In total, when you're doing this, it makes money less cheap and then it has the side effect of not being the best for the market.

So at first there was a little bit of exuberance in this and it ended up, obviously not holding so that's kind of the tldr version of really what went down yesterday and that's gon na relate and we'll get into this. Some of the individual earnings announcements that we had come out this morning, i'm talking uh blackrock delta. I have a story about twitter and we'll also talk about bed bath and beyond wholesale inflation expected to climb 1.1 percent in march. Another thing that came in hot producer prices rose 11.2 percent from a year ago and marched the biggest gain on record.

The producer price index also known as ppi, which measures the prices paid by wholesalers increased 11.2 from a year ago, the most in a data series going back to november of 2010 on a monthly basis. This gauge increased 1.4 above the 1.1 estimation. So this is another thing telling you that, yes, it is expensive to be a human things are going up and up and up and unfortunately, wages are not going up and increasing at a relative rate, uh they're increasing more slowly, which is going to make. You feel a little bit more pain in your wallet.

Earnings season kicks off with jp morgan delta airlines and a couple more we'll be getting into that uh bankers. Lower mortgage demand outlook for 2022, potentially looking at yields. Some people still kind of using that r word recession is that going to be coming so something to consider uh biden calls russia's actions in ukraine genocide, so we will be getting into kind of more of the international scene. Let's kick this off sanctions on russia.

Aren't stopping putin and doing more would bring a lot of economic pain to the u.s and europe uh. Russian sanctions aren't doing enough to sapoon. In fact, it's crude oil experts are rising. We covered that yesterday they made a pretty penny off of their energy exports.

The west could end the war in ukraine by fully banning russian oil and gas. A former advisor to putin said, but doing so risk boosting inflation further, particularly in europe where russian oil is in high demand. So a lot of countries are looking at this of like yeah. We don't like what putin's doing he's kind of disrupting world order, but they don't necessarily want to do everything they can because it understands like for the citizens of their country.

It's gon na really jack up prices. If there was a full-on ban of russian oil. There are some estimates that it could push oil easily over 150 a barrel and remember we're currently training at 102, so that could be a 50 increase if you're unhappy, with what you're paying for your energy bills right now, what you're paying at the pump right now With this i guess tactic, it would push it even higher, but then the flip side is it's not really stopping putin, it's definitely in between a rock and a hard spot. I would argue - and i also have a very more recent update russia - will view u.s and nato vehicles transporting weapons and on ukrainian territory as legitimate military targets, russian deputy foreign minister to tas.

So another thing that this just came out this morning right before the producer price index, was released. If this were to happen and they target one of those and an american, i guess soldier loses their life. It could lead to some very, very serious things. Sri lanka says it will default on its foreign debt as the cost of food and food imports spiral.

So we have not really been talking about sri lanka, but we have been talking about how food most likely going through the roof. It is going through the roof year over year. It is up 8.8 month over month. It's up one percent.

Those might not sound that high, but in the world of food, that's billions and billions and billions and billions of extra dollars. Sri lanka, central bank, said on tuesday it would be so it's going to suspend foreign debt payments. The nation's economy suffered from ronan restrictions, which decimated its foreign exchange reserves. The country has been hit especially hard by the rising cost of fuel leading to shortages and protests.

So bad situation there, in fact i was reading a little bit more on this um. Their economy is like at a 70-year like max payne point um, very, very bad situation going on there, like many other places in the world, shanghai eases two-week shutdown, letting some residents out. It's interesting we're seeing this being correlated with also kind of a jump back up in oil prices, at least in the short term. So at first oil was kind of hit down in price because the iea was going to help with supply and then also there was questions about demand because of the lockdowns in china.

Well, now that they're easing some of those we're actually seeing oil coming back up. So, hopefully, not really necessarily for oil prices, but just for the people of shanghai. Hopefully it does continue to trend that way now, bringing it back a little bit to the u.s bond king jeff goldick says a potential calamity coming from markets in 2023, as recession hits the u.s. So this guy was talking yesterday.

Basically, they had a lot of people who talk about macroeconomic and monetary policy related subject matter yesterday, after the consumer price index came out, and he was one and obviously to one degree or another, he is somewhat respected. A potential calamity is coming from the markets. In 2023 and a recession is likely, i would like to point out just for people who, like don't end up watching all these morning, shows, is we're actually seeing this type of rhetoric from quite a few players. Not only the bond king, but also a lot of big banks and their analysts are all saying that we actually think 2022 could end up being a green year.

But then it's kind of a slow impact of what we're seeing now and we might not feel that until 2023 the double line capital boss told the exchange etf conference. The bond market is a warning signal for investors. That's a pretty fair remark. Worries about a re us recession are intensifying as the fed prepares to hike rates aggressively.

They want to do that because they want to fight inflation, because the last thing that they want is the supply chain woes with inflation to lead to stagflation. That is, i mean you think inflation's bad stagflation would be even worse when you have high high inflation, but also then you're, seeing your economy retract get smaller, that's stagflation, which is even worse. All these asians are not good um, but they're. Basically, right now trying to put a band-aid on a gunshot wound and hope that it helps out, in the very very short term, we're seeing a little bit of concerning stuff coming out of our first round of earnings.

Remember before the market opened, we already heard from jp delta, blackrock bed bath and beyond, and then tomorrow, before the market opens, we have more banks, wells, fargo, goldman sachs city, morgan stanley, we're going to get a health insurance play united health group. We also at tsmc. So more of a semiconductor play, we also have other banks, pnc and ally as well. So a lot of banks kicking off earnings season.

This is basically inning number one of earnings season for this particular quarter. We're gon na have more and more over the next couple weeks, so get ready because there's a lot of big announcements coming out folks, it's earning season, we are getting underway. So let's go through some of the major ones that happen. This is a pretty bullish.

One delta forecast a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs delta airlines expects to return to a profit. This quarter thanks to a jump in bookings and fares that are helping offset soaring fuel costs. The carrier forecasts second quarter capacity at 84 of 2019, getting pretty close to our like new normal delta. First quarter, fuel bill rose six percent from 2019 to 2.09 billion, even though its capacity was down 17.

So overall, this was actually pretty bullish feel free to jump into the details. But if you look at delta in pre-market right now we're seeing some green we're seeing some nice green, it's up 4.5 and remember this is when we get into the world of sympathy, plays united, did not report, but the fact that delta reported, i haven't even seen. United but i'm betting, that it's up that's up. Four percent um luv southwest that's up 3.3.

This is you're, seeing in real time an example of a sympathy play because delta did well there's a lot of other people. Thinking, oh wow, the industry most likely did well in the most recent quarter. So that's why you're, seeing kind of like a rising tide raises all ships type of a scenario and then next week we're going to be getting some of these other big airline plays. So shout out, if you crush that delta trade, now, let's get into some of the not so good stuff, we got to talk about big banks.

Remember the banks are related to the fed with interest rates and loans and all that good jazz, uh and, in this case, particularly russia, jp morgan chase reports, a 524 million hit from market dislocations caused by russia. Sanctions here are the numbers earnings of 263 a share um, not clear if comparable to the 269 estimate revenue of 31.6 billion, with the estimate being at 30.86. In remarks ceo jamie dimon said he saw significant geopolitical and economic challenges ahead due to high inflation supply chain issues and the war in ukraine. Well, obviously, that's not the most uh bullish statement, we've ever heard.

Yes, they beat on revenue, they, you could argue they miss on earnings per share, but it was more of some of the rhetoric about future guidance of they're kind of setting us up for maybe not being the hottest. So we're seeing jp down in pre-market we'll quickly check in on that jpm, currently down 3.5 off of, i would say more of a bearish earnings, another bearish earnings, especially if you're a ryan cohen supporter, which i am not going to be the best news here. Bed, bath and beyond, post disappointing results after low inventory hurts business in the holiday. What you need to know about this one is: they were actually expecting a profit of, i believe, around three cents, and it came in, i believe, at a loss around 90 cents.

So uh right here, 92 cents, so they were expecting a profit. It was actually a loss um and they miss on revenue as well, but just barely missed there. So they missed on the top and bottom line and also um, like many other companies citing concern about future supply chain issues and that type of a thing. So if you're in bed bath, that's what's going on there, obviously currently down in pre-market after that, miss down by 12.5 um.

It did not have an earnings announcement, but i have an update for you about twitter, twitter investors, sue elon, musk for failing to promptly disclose the size of his stake. Federal trade laws dictate that investors must inform the sec within 10 days when they take a more than a 5 stake in a company. Uh musk, who started buying twitter stock in january, allegedly hit the milestone on march 14th, meaning he should have informed the sec by march 24th. Some twitter investors say they lost out on potential gains as a result of the delay.

I don't know if this is really gon na stick. The only reason it might stick is because he is very much disliked by the sec, so the sec really might be doing anything they possibly can to like give elon a problem. So it might become more of an issue for him, but if it is it'll be a little fine and then he'll basically say fu, because don't forget that elon does have that fu type of money. Another thing related to twitter, kathy woods says: arkhamvest began, selling its twitter holdings after jack dorsey stepped down.

As ceo uh kathy wood said, she's been cutting her exposure to twitter since shaq dorsey departed as ceo. We know there is now going to be a lot of management distraction, maybe board distraction with or without elon ark tends to make decisions based on management changes. If it's uncertain about the outcome, so just a little bit of an update there, they were a decent player in twitter, but obviously that's going to be some selling pressure there from the arc funds - and i just the storyline with elon - is the story that, like really Just keeps on giving um, so let's go back to a little bit of a look at the overall view and i want to bring up a couple of things. I was going to post this on locals this morning, but it looks like locals and i believe, rumble also might be under a bit of maintenance.

This morning is what i'm being told uh just so everyone knows if you're on locals rumbles, it looks like they have just like a normal tech update but anywho with the s p. 500. I want to point out that it popped it got above the 200-day moving average nice nice push then came down and the way it is like kind of dancing around here and ended up, obviously not holding. This is the same thing we've been talking about before when it's below the 200-day moving average.

A lot of people are just generically bearish when it's above it, which is the steel line, the 200-day simple moving average of the s p 500. A lot of people are bullish. Well, we try to hold it. Unfortunately, we couldn't now we are clearly below it and in all reality, here is my plan on the spy.

I think this is very, very reasonable. As long as we're below the 200, i think it's somewhat reasonable to be bearish, have a little bit of bearish sentiment on the market in its entirety for more of a specific, active trade, more of a swing trade - and you can play this. However, you want, through the spy through the futures market through uv xy. You could do it.

However, you want it's more of like identifying the trend. I would expect, maybe a little bit of a fight to try to get above 441 and if it does okay, then i'm watching 446. But if it's rejected here honestly, i would have a target of 429.50, which is pretty much a nice 10 gain on just the spy itself, um, so a little bit more in the short term being a little bit bearish on the overall market, especially coming out with We know that the fed has to be hawkish, we're not seeing the best reports from these banks right now. Obviously i will be paying attention to some of the big tech players.

Obviously, we care a lot about apple. We care a lot about microsoft, nvidia tesla walmart. Those are very, very good ones to kind of track, what's going on in the economy and it's whole, but for right now, if we're below this 200 and we can't recapture 441, i think we might be talking 429.50, which is previous support, which turned into resistance uh. So that's something i'll be paying attention to and it'll most likely align with the generic movement of the nasdaq 100.

But i'd like to point out here, the nasdaq never really recaptured its 200-day moving average. The queues ran all the way back up. Rejection. Rejection like it previously was just really struggling at that 200.

Simple, moving average line. Yes, there are some gaps to the upside. They will be eventually filled. The question is just kind of when, but in terms of the cues, i'm watching 334 and some change and in this small cap sector uh we're actually seeing this sometimes when the spy and the queues aren't doing the best bullish action.

You've ever seen, there's actually a little bit of sometimes outperformance in the small cap sector, so something to keep in mind curious if it'll be able to hold 198 ish would love to recapture 200. But if not, we might be talking 192 193. Something like that. Yes, oil is going back up, but what i wanted to point about this is: we have a classic wedge if it gets above this trend line and holds above it, we might be seeing another rip in oil, a classic flag pattern.

It rips all the way up. Lower high same low, this is a perfect wedge and i am watching this very very closely. If we get above the trend line and hold, you can just risk your most recent low and maybe do a little bit more of a longer swing trade and potentially play this all the way back up now, let's talk about amc, it's just been getting absolutely decimated. Like there's, really, no, if ands or buts about it, there was a big update.

Yesterday, though, more of a fundamental one, they bought seven new theater locations in the northeast from bow tie cinemas. Four of them will be operational under the amc name by the end of this month by the end of april. So a little bit of a fundamental development. There we're seeing a couple more acquisitions, so that's exciting, but obviously the market doesn't really seem to care about that at all.

Apparently there are just not people stepping in to buy it on that piece of particular news right here we had a beautiful run and it's just being uh completely washed away, but i've also - i don't know. I guess i found with this one that when people, whether the bulls, slash the apes, get cocky in one direction, that's when we get smoked and then i feel like it's kind of the same in the opposite direction. I feel like when the bears and when things are looking the most brutal well then that's when it leads to like some crazy movement, so whatever it is, i think of amc and jimmy differently than any other equity that i'm invested in that i'm trading this. For me, i'm not actively trading it.

I i don't want to actively trade it. I did that when i thought the environment was proper to do it way back when, but now it's just become sit on. My shares sit on my shares. Sit on my shares like just literally holding it um and if you're of that same mindset, if you're an active trader have at it watch the minute chart.

I hope you crush it. But for me i don't think it's a good environment to play options on it. Whether calls or puts so i'm just sitting on my shares and since i know i'm not selling, i i don't need to watch the daily. The like intraday chart, like you'll, just drive yourself, mad uh, it's fun to watch when it's ripping, but other than that.

If you're not making any active trade like you, don't really need to do anything similar situation with gme, it's actually selling off less, though just percentage-wise we had to pump from 80 all the way up to almost 200. It seems to try to be holding at the low 140s would love to see it get back above 150. But i do have concerns about the overall market if we continue to see red in the spy that could drag individual equities with it, because it could be a representation of money flowing out of what would be deemed to be higher risk. Investments such as what media would call meme stocks and also the world of crypto like it or not.

All of those things are considered to be higher risk, higher reward types of plays. Now i do want to talk about a tyrion. This is one that got really going at the end of yesterday and it's definitely, in my opinion, worth a watch now i want to make this explicitly clear. I have no a tyrion position, but it is a play that still very very interests me uh of high levels.

I mean high short interest: 41 costs to borrow almost 300 utilization 100. It's on the lower float side shares on loan of 18 million, and it's also on the threshold list and on top of it back in november, the ceo is on twitter, saying, hey sec, help us out. We have proof of illegal illicit naked shorts against our company. So this is something that i don't really care too much about the actual business.

This is more of like okay type of a funky market structure. Play of hey is something going on with this thing that should not be going on and regardless whether you believe in that or not i mean, there's clearly some volatility uh. So whenever you see volatility, you have really a money-making opportunity. So i would argue this is definitely worth the watch right now, just because it has clear movement, here's all the metrics on it i mean that's a sky high short interest: that's a sky high cost to borrow high utilization, lower shares on loan and on the threshold List, if you don't know what the threshold list is, basically, it means consecutively.

It's had way too many failed to delivers, which is telling you that something in the market plumbing has been going awry related to a tyrion, the other one that i think could be a worthwhile watch today. Another one that i have no position in is veru veru. I play it like this: is it going to stay above 10 or not it's really that simple 10. Will it hold it because if it does, if it settles that 10 and starts to pick up some momentum, some velocity some volume? I think this could go again.

If it breaks below 10 well, then you might be talking about a pretty brutal drop and at first you could watch eight and then you could be watching maybe a little bit closer to seven, but there's also a gap bill. Veru will be interesting because i think there's going to be big movement, whether to the upside or the downside. I don't know what it is. But for me the line in the sand is 10 and remember just because you're arbitrarily, above it just because you're arbitrarily below it, doesn't necessarily mean that it was a break or a hold, not at all, like you have to trade, decent volume above the level or Below it, to really call it like a breakout or a breakdown type of a thing, so just want to clarify that and actually let's throw varu up, that's what i have for you in the morning.

Prep don't forget, get on attendees. It's pinned to the top of chat. It's in the description of the video. It is 100 free.

You get free options flow. You get free social sentiment, analysis. You see. What's going on with wall street pets, you got to check it out.

I think it's a pretty cool piece of software, but once again shout out to attendees uh get that for your ios device, um amc or text. Yes, 20 cost of borrow's still low utilization so max out and shares on loan up to 138 million in terms of gme. The short interest is now 19 cost to borrow a bit higher at 8 utilization still maxed out shares on loan of 20.6 milli. In terms of the overall market, just for those of you who are curious, 16 for the qs down to 13 and for the small cap sector 36, all right all right and there's no flow yet because options market isn't open any breaking news.

We have ppi, which came in way too hot way too hot all right. What time is it all right couple minutes, so i guess with that in mind, as we're waiting for things to really get going today, i would love to turn it back over to all of you for any of your questions. Let's get a little bit of a zoom in here, i kind of want to watch amc at open just to see how people are going to react to the announcement of the seven new theaters thoughts on eth, i'm in east i'm staked in the the beacon contract. I think eth is a huge moneymaker, but i think it's a longer term play uh.

I don't actively trade it. I know some people do that's just not really my style, especially with crypto crypto. I think the real money is getting into a project as early as you can, and you just sit there. Boston thanks for always being awesome man.

Thank you for always being austin. Boston, awesome, awesome, boston, thoughts on g.o.e.v. Will the nasa news make it run today or will this go down with the market? So as soon as there is news, you could pretty much say it's priced in like if we're talking about news, that means that the big players have definitely already reacted to it. Um, it's up a little bit in pre-market up 2.4 percent uh on canoe here.

But overall, this is it's a pretty bearish looking chart like it had a bullish phase, but that kind of ended back in really when the pandemic hit and ever since then it's just lower highs, lower lows, um and most recently it's been kind of range bound. I don't see a play on this one, not to the upside or the downside. I would be a little bit more bearish just because of what i see going on, but it's already been so beat up that and now it's just range bound. If anything, i'm seeing that this is just kind of a boring play, i think there's going to be more, i don't know exciting, plays or better utilizations of your current capital uh opposed to.

Like i mean this stock has gone nowhere like all year all calendar year. It's gone up a couple dollars a dollar it came down, a dollar went up, a dollar came down a dollar uh. To me, just not that exciting of a play. I have a 44 call for louvre expiring this friday uh.

When should i close, i mean that's. Obviously, up to you folks, don't remember i'm not a financial advisor. I don't even think i'm an expert trader like these are just my opinions. If i were you you're getting a gap up, it expires friday and you're like um.

I don't know if you do or don't have a well-defined training plan, but it sounds like you're going to be in a decent amount of profit right at market open, especially when volatility is naturally higher, because it's market open. In my. If i were you, i would just take my gains and be stoked and be like. Okay.

What's the next play, remember bulls and bears eat hogs get slaughtered uh. What's my favorite dividend stock long term, us ding, any ding, ding ding, the casino is open. Uh. My favorite stock dividend stock long term um, well one that i've been in that has an okay dividend.

Is microsoft and i've been in that for years now, um, but if you're looking for maybe something that's exciting like right now because you're not in it. Yet i mean i think, energy's going higher, i like devon energy and they have a very nice dividend. Actually, a lot of energy plays have solid dividends like exxon chevron, but i'm a little bit more biased because of the dividend. 2 devin.

I like chevron more like than i like exxon, but that's a solid one, especially if you think energy is going to go higher um. I don't know how you're really defining your long term if you're like. Oh i'm going to be in it for a couple years or i don't know if you're like, oh no, i want this for decades and decades and decades, but the one that i've had for a handful of years now is microsoft and that's done very well. There's a gap on amc: is there a gap? No, there isn't uh, i'm not seeing a gap uh.

I could help clarify this bald eagles 1787 uh. Where are you seeing the gap because to me it's all filled in coke is a good one, doug smith for sure: hey thanks for being a member for over a year, 14 months later spy getting a little bit of a pop aeter kind of getting beat up. Uh viru still holding above 10 amc training at 17 27. Next major support i have for amc is around 1670.

uh. Some people are interested in tesla tesla, tesla tesla, not doing the best out of the gate, not holding that thousand dollar level. What else do we have on the pre-market close to market open the one-minute chart? There was a large gap between the open and then filled almost immediately. Oh so, okay, it's taken care of.

Then i i'm sorry. I thought you meant like it was actively open. My bad, my bad, my bad hey, if you haven't already, could you guys all help me out? I would vastly appreciate it if you could destroy that like button and don't forget to join up with the moon gang by hitting the subscribe button liking subscribing. It is completely free and it's honestly, the only thing i would ever like actually ask of you to do uh gme it's down right now, but we do have some support at 140., i'm just kind of watching other ones that might have a bit more volatility at Open bed bath and beyond actually getting smoked at open down 11.9 remember they missed pretty like on the top and the bottom line for the most recent most recent quarter.

All right, let me check this out cool cool man. Oh man, man, oh man, all right now, let's see what the early morning flow is. Tesla call call spy, call, nvidia, call boeing, call spy, put decent money a little bit more. Well, i guess, based on the money, it's actually a little bit more bearish, but um kind of neutral neutral for the first just like for the opening.

But let's see how this actually pans out. Uh, i don't see any news there house crypto, looking crypto holding steady the spy tried to get up to 439.. Looking i'm seeing some strength there, spy ater, also turning around. Let's check out the levels on ater i mean if this pushes five, basically five, five thirty and then pretty close to six is what i'm watching on ater amc, nothing but red bars to come out of the gate.

Today, a little disappointing, i thought, there'd be a bit more enthusiasm of just them. Acquiring more market share the spy showing some strength. Remember 441. Is that level there we go a little poppin amc.

What else is moving blue chips are looking bad. How are blue chips? Looking microsoft, red apple red, these are all just barely rem, tesla also read: walmart hello, green retail sector. How's, amazon amazon is in the red uh. What else do we have going on? Oh, let's see how some of the banks are reacting - jp, morgan red, but trying to like fight off of that redness uh.

What i don't know black rocks off the top of my head: black rock, be okay blackrock red! How are the airlines doing delta is up so airlines looking kind of good the market. Looking good i've been telling you folks a tour. Definitely a worthwhile watch for the day might get some explosive movements on it. Uh currently break even viru.

I mean, i think it wants to test that 10 level. Spy uh, unfortunately, amc not really holding airlines, though airlines, probably a good watch for the day i mean delta, had some good numbers and i think we're going to see the whole sympathy play. You can look at delta, you could look at united, currently up 4.8 percent. You could look at southwest uh.

What is jetblue? What is jet blue jet blue j blue, this one's up two percent, but delta is the one that actually reported had pretty solid numbers. You know american airlines actually that's up 6.6, that's doing very well american airlines. I wouldn't be a long-term investor in that i would rather invest in like southwest or jetblue or alaskan, but for an active trade. Obviously, american is crushing it right now, looking very, very good.

Ater also picking it up d-wax up two percent, but it's still sub 50 right now, nvidia is having somewhat of a good day and video just got a nice pop, a lzn. I was going to say that sounds like a pharma play. It doesn't seem like it's trading: it's traded, a million, but only a million dollars, because it's a dollar stock uh, not sure i i wish it were like a little bit bigger in terms of like its volume right now, not trading the most. What else do we have? Some people were asking about: tesla dvn who's, devin devin is a energy play oxy, that's the warren buffett energy play.

He bought quite a bit of that how's twitter. Doing right now. Twitter is up two percent uh trading at 45. bed, bath and beyond.

Is that getting smoke still down eight percent? So it's trying to fight back because it was down 12.5, but that's still kind of a big hit. What else do we have amd? Is that getting a pop yeah so looks like the semi industries uh? What is it tsmc, taiwan, semi or hang on? Where was that earnings whisper tw taiwan, whatever that ticker is but semis, i don't know you could see. The sector was just smh distracts the processing chip world alessandro amc's, not even more on his radar. I don't know what you're like literally, we just had it up and it was it just wasn't doing anything and i fully covered its news and what it did.

I feel like some people like you're just saying stuff, without even really thinking about it. Like very, very emotional, like you, don't need to watch all the intraday charts if you're diamond handing it if you're actively trading it that's a different story, but i would argue right now is not the best time to actively trade amc. I haven't played calls uh like option like the options world. I just don't think it's a good environment for it, so not every trading day is built the same especially right now with the current environment that we're seeing.

So for me, it's i'm just holding my shares. It's easy tulips are ripping they're, always ripping thoughts on a g r x. Let's look into it a g r x, it's up 20 percent, but it's a penny stock like pharma play. I i these are very, very dangerous.

Plays i - and i it's just very bearish as well - i wouldn't, if i had to play it, i would short it, but i wouldn't actually play it at all. Uh the spy is looking good um. American airlines is looking good. Actually, american airlines is looking the best.

Even though delta is the one who reported ater doing its thing, trying to get or hold above five vroo, i'm telling you you got ta watch ten dollars watch to see if people are buying it at that ten dollar mark thoughts on lmnop super super bullish, uh. Just trying to wire more and more money to buy more lmnop for sure uh dwack battling it out at 49. It'd be interesting to see if it can recapture 50.. What else do we have oil continuing up? It's 102.50 we're actually seeing the small cap sector trying to maybe push that 200 mark iwm at the queues 341.

The spy. I think this can keep cruising remember that level that we have on the spy. It's 4. 41..

That's the test! We talked about this in pre-market. Looking for the test of 441, will it test it and break then 446? If it tests and gets rejected, then i'm watching a little bit more of the downside, but i think this can actually keep going another dollar, potentially without much pressure which are sweet. Yolo play of the day, i don't really have one, and i guess i think, if it would be one which i have no position in is a tyrion right here. I think a tyrion could actually have some crazy stuff happen to it.

Just because of what i'm seeing like high short interest, high cost of borrow high utilization, maximum utilization shares on loan jacked up and it's on the threshold list. And the ceo seems to be like willing to go toe to toe with people who are like shorting. His company ethereum, it checks a lot of boxes, i would actually say maybe one of the downsides of a tyrion like if you have to like look for like okay like. Why is it not perfect? Is i just don't really know if it necessarily has like the social following behind it, like that positive bullish, apis social sentiment, um, there's a lot of people in the amc and jamie community who, like they don't want you to talk about anything else.

They feel like they have to bottle it singly to like one equity. It doesn't matter to them. If you can make money on a different play to bring it back to the original play. They don't want to hear that type of logic.

So i wonder if the tyrion has an uphill battle in terms of people feeling like they're, allowed to trade it or allowed to invest in it? Definitely i don't know something i would think about take advantage of the crypto dip. That's something that we were discussing on the crypto stream yesterday. Remember the crypto core stream 2 p.m, monday to friday, be there or be square uh if you're on rumble you're already good to go and then, if you are on youtube, you'll have to watch it on crypto course so make sure you're going to that channel. But anyway i was expressing my thoughts on like yeah.

No, i think the what we're seeing it could dip a little bit more um if you're, just kind of judging what the fed is or isn't doing. But overall, whenever i see a noteworthy dip in crypto, i think it's a dollar cost average opportunity we're allowed to invest in whatever we want. It's our money. We pay taxes i'll lose it on speculative place.

However, i damn well, please: oh man love it love. It love it love it uh, any idea what is happening with amc at the moment we had this awesome momentum and now yeah we're seeing the exact opposite. There was a lot of crazy bullish momentum and now we're seeing quite a bit of crazy bearish momentum. It's just uh the pendulum's coming back and it's coming back hard, unfortunately um for whatever reason is going on, and this is kind of like a more of a big player type of thing.

As in like big money. At one moment they were buying it all up, and now it seems like those same big players are if i had to really guess unloading it, for whatever reason they got all jacked up and we saw a nice push in amc and jamie. But i would actually argue that that momentum we saw was a little bit more spurred by gme at least recently, because remember with gme getting into an nft marketplace. We also saw a rise in crypto, so i think there was like the natural connection there and are also big fundamental announcements with jme of like hey we're going to go, live with our marketplace by june.

So i think, because we clearly know that amc and jimmy is traded as a pair. What we saw recently was more so of a sympathy play in amc and it was led the most recent round by jimmy that's just like in june. Amc was the one leading the way and jamie was a sympathy player to that and then back in january, jamie led everything and all these other highly shorted socks was a sympathy play to that. So you have to kind of know the current like realm, that you're in uh.

Will you be streaming during power hour today? Unfortunately, i won't i'm still working on some of that, like extra content for everyone, i i found and it's just something that i'm trying and obviously i would like love all your opinion on it, but like for me on this side of the camera. My number one goal is always to make the best content. I can obviously content that all of you folks enjoy and recently they're across all of i guess like financial streaming, it's going down and i don't know if it's because we're getting closer to summertime. I don't know if it's because, like the market isn't just ripping to new highs like it was previously, but there has clearly been more interest in, like short, upload videos, rather than longer term streams.

Um, i'm not obviously saying everyone, but it does seem as if that's where there's been more interest. Lately amc did have a nice pop varu right here all right. We talked about that 10 level, uh pop on gme as well uh all right! Well, you all get the general idea that the spy is just ripping so we'll throw gme up there. Um veru i wan na watch this just because i was calling out that 10 level and if you got in there i mean you could just risk six cents.

Like this was i don't know how to be more direct about that type of stuff of calling out viru at ten veru at ten veru at ten um, let's see if it holds now, let's see how good of a prediction this was or wasn't. I want to see a tierie and also try to test this like 525 level. Can you tell me if tsm has a gap to the bottom side? Uh, i don't oh yeah. If you're, looking at this gap from november 13th right here, yeah that's a gap to 93.81 93.81 is a gap on tsm sweet amc.

Picking up, i believe yesterday we saw some reaction around that, like 18 20-ish level, but that's a good point, good great question. I think part of the reason why stream is down so many had to go back to the office. We don't have extra money to invest to do inflation. Therefore, we don't want to think about money could be uh, it could be people going back to the office.

Uh, there's obviously like the summer schedule, like, i think, there's various things i think also inherently a lot of it relates to the market itself of just like okay, the market's not doing as crazy as stuff as we saw. I think there's also some fatigue within the amc and gme community um. Obviously there's some like hardcore apes that like are excited and they watch it day over day. But there are some people who are, let's say more of like apes, who are on the fence or like okay i'll hold it.

But i just don't need to watch it day over day and they might check it once a week once a month like that type of a thing, but talking with some other creators. It's just like this is a common thing. We're seeing is right now the content that people seem to care about are shorter videos, i'm talking like maybe five minutes, all the way down to like shorts like sub one minute type of videos um. That just seems to be like what's a popular thing, so for me i obviously recognize, and i personally have um a passion for doing streaming, so i don't want to just like stop that, because i actually like truly enjoy this to me.

It's fun that we all get to hang out every morning and watch the market open, but then on the flip side of them like okay. Well, if i still want to make content that i guess from like, i guess, metrics seems to be like really in demand. That's why i try to do all of it. I try to do the streams in the morning.

I try to make the market update videos around 10 minutes and then i try to make some of these shorter clips and then i try to make like the short shorts kind of like equivalent to tick tocks. I figure hey if i just make all the types of content me trying to be a perpetual people pleaser. Ideally, that should make as many people happy as i like. Possibly can.

I would listen to your stream all day every day, man. I appreciate that. That's awesome, who knows maybe that popularity will like swing back in, because i, like those days when everything was going nuts uh, because i would from nine to four i would sit here, but it didn't really feel like that, because just everything was insane every day. I kind of hope that happens again, just because i don't know it was, it was just really fun.

It was so so fun to hang out with so many people watching the insanity of the market play out. I, like your thirst, strap comment, content all right, a tyrion getting smacked at 550. Please let me know if this picks up, but it looks like the spy. The overall market's still showing strength virus successfully bouncing off of 10.

Already up to 10 30. amc got a nice pop off of 17 up to 17.70 ish. Let's see if you can recapture 18. uh gme 145..

We know it struggled there a little bit. So let me know if it gets over it uh the queues, the tech sector, looking good tesla, probably on its way back up to a thousand all right. Only six dollars back left to go um we're seeing some strengths still in d-wack, d-wack, recaptured 50., all right! So now, let's check in how's crypto looking crypto we're getting a bit of a bounce um we're seeing bitcoin pop we're seeing east pop a little bit on, like obviously short term type of stuff uh. What's the big green one today avalanche is looking good and axi infinity looking somewhat decent as well.

Let's check out the flow spy put put spy papa put. These are all for 37 days out spy. Put put iwm call, call iwmaq, put spy a lot of spy puts today if spy puts and then a little bit of q puts too because look at this money, um 3.38 mil 1.86 mil on the q puts so they are heavily, at least in the options Market is that the same expiration date 37 days out and 16 days out, but a lot of these are 37 days out. They are looking at the may monthlies for scattered strike prices uh another one.

These queues, someone already bet 10 million or no that's a lie. Eight million dollars against the queues today interesting they're, looking at the 320s 330 330, as in they're thinking, 3, 30, 3. 20, really betting against the cues a little bit chasey. If you ask me and thus far today, there's no way they can be that happy about it, there's no way they could be that happy about it.

Hey, can cap morris give its opinion on att since it's a close friend to gap, daddy, yeah, sure uh a t, so we got the announcement. I believe they were spinning off um, whatever sub-sector of their business uh. There is now two awkward. You have a gap to the upside and to the downside, which kind of makes it more difficult, uh a gap down to 8 30, but then a gap up to 1951.

So it seems like a difficult play, and this is all related was the dividend today, yeah. So date of record is today it looks like, but anyway it seems like a tough play and then this is all prompted by some like fundamental switches in the company um. So if, if anything, i probably actually wouldn't do it i'm here for like the easy stuff i'm here for like the layup types of trades, i don't need to do some like crazy, crazy trades with like lower odds. Well, things are going green for sure.

Green, green, green, hang on one second uh spy, clear push to 440, let's see if it holds there and the queues are looking good. How is gme, what did i just do? Oh cues, look over there gme right here. A little choppy uh viru still that beautiful bounce off of 10., if only someone told people, if only tesla looks like it like, did it perfectly hit a thousand, it did okay, uh i'm curious if it'll push it again and try to hold above it. I think there's a possibility if the cues and the spy continue to push amc cup handle awkward cup and handle your next watch is 18.

and then actually jimmy's at 145.. Amc would love to get it back above 20 like just to stop this bleeding. I mean since march 29th, amc dropped 40, that's brutal, granted it had a massive run-up. I mean it was up 121 uh, but obviously i think a lot of people got sucked into buying calls that just they got obliterated on, would love to see it like start to show some enthusiasm.

Even a test of this trend line would be awesome. Kind of a fake out breakout on this trend line getting smacked at that 200-day moving average in terms of gme would love to see it. Push 150 to 50. q's, taking a breather, obviously simultaneously you're seeing tesla take a breather, the overall market not holding 440.

Would we hit 440 24, and here maybe it comes? Is it gon na get smacked that was pretty brutal? You guys just saw how rough that was like there. That was some serious volume. Look at that volume spike in selling. What's going on here, it's almost the almost the biggest volume bar of the day, it's about to become its biggest volume and with that wall of puts, i don't know, i'm feeling a little bit iffy.

What is going on with the spy viru, making its v-shape recovery uh bed bath and beyond trending upward nicely. Let's see, i'm so curious of how this is going to play out. I mean just a noteworthy in the top left on the s p. 500.

This is a one minute chart, so i put the volume on the bottom. It's our literal, even counting opening it's our biggest volume bar of the day. That's nuts ater is moving, see some people. You guys got me all excited.

I thought it was back up here. It is turning virus doing its thing. Actually it's playing out better than i even thought it would. This has pretty much just been like a pure green spike.

Is the spy is trying to fight back right? There amc still holding its own. Let's see if this can recapture 18. varu doing its thing: 1060 ater trying to pick up some momentum, the small cap sector, looking strong that will bode well for amc, we're seeing the small cap potentially trying to make a run to 200 key psychological and technical level. Amc has been getting like weird cupping handles pretty much all day like they're.

Just getting the timing. Sequence is getting faster and faster and faster uh, interesting small cap. If this continues to push that should do good stuff for amc and then we know, amc and gme are pretty much traded as a pair. So that should obviously also then do well for gme.

Um amc is up. Two percent gme is pretty much break even all right, i'm not liking what i'm seeing in the spy. So i'm gon na take a quick hedge in the futures market once again in the futures market uh, if you think that's an appropriate plate.