Foreign foreign, i might just have to go stupid, so put your hands up. I might just have to go stupid. Oh turn, it off turn it off the market. Boy.

Oh boy, is there some blood the spy down 1.8 huge technical breakdown, we'll be going over that the q's the tech sector getting abnormally hit we'll be going over what's happening there, why down 2.5 and the russell down 1.5? But you know what i find interesting with all this with all the blood in the water, i'm looking at my charts right now. You know what the two green stocks are: afc and gme out of this sea of red. Everything on my watch list is horrifically red, but amc gme, the ape community standing tall and they are in the g, r e green, green green. So we're going to be going over that i'll be going over my trades.

I made one extra trade when, in between streams today, so i'll, be letting you know the information on that, but um honestly, with the amc and jimmy situation going green, that's helping my stock portfolio and then my options, portfolio with the whole host of puts. I have it was honestly a really solid money making day. So in this, i want to explain how i want to give you some. I guess, tactics, we're going to talk about, puts we're going to talk about covered calls and we're going to call talk about.

Credit spreads and some debit spreads and just that's pretty much the whole gambit of different levels of risk that are going to be associated, but how you can use those to protect yourself against market downfalls, especially if you think there's going to be some sort of overall Bearish, i guess push and then at the end of it we'll be going over all that and at the end we can. I guess talk about, like i think, they're still dumbasses, who for some reason, think i don't have amc or jimmy or i'm like out or something it just shows you that you can't fix stupid uh. You definitely cannot fix stupid um. So we can talk about that.

If you want it feels like it's kind of old news, i don't know it feels like there's like these weird grown men who are somehow riding off of my name. It's i don't know it's kind of like cringe worthy to think about, but anyway we could talk about that. If you want to like, i said i feel like it's kind of old news. More importantly, let's talk about stonks.

Let's talk about making some money money money. So, like i said, let's kick this off with the spy, probably the most important thing going on right now. Here is the 200-day moving average 442 we broke below it and unless something wild happens in the next 27 minutes, it's not not looking good that that's a breakdown. We rarely go below the 200-day moving average.

We did back here right when the rona first hit the world, and then we bounced back and we got above it um. Another time was in 2018 when they were attempting to actually do a different balance sheet normalization, which is something that we might be heading into soon, but, as you can see a majority of the time, the 200-day moving average is actually a pretty nice support level. It's not that common. This stuff happens in rare circumstances that we actually break down below these levels, so it could be a brutal bear trap.

I don't know we're gon na have to see to find out, but i'm strongly watching that 200-day moving average it's at 442 right now. Obviously, since it's an average, this line's going to move up a little bit, it's going to move down a little bit. You have to average the most recent 200-day closes, so that's what's happening from a technical perspective. The panic in the market right now is the breakdown from that.

Why is that happening? Well, we did kick off earnings season, it's a bit of a mixed bag. A lot of companies beat on their earnings per share, a lot of them being on their revenue estimates, but they lowered guidance for this upcoming quarter, this upcoming fiscal quarter. So that's why there's a bit of fear there, and i would argue that most of it is actually about apprehensions related to the fed, meaning the 25th and 26th. Do not forget that 25th 26th, the central bank, the federal reserve, will be meeting the fomc meeting minutes.

Will come out wednesday at 2, then jerome powell, the chairman of the fed, will be speaking at 2 30. that binary event. I have no idea how that possibly is going to go out. Everyone kind of knows that yes, they're being very aggressive with their tapering.

We know that there's going to be three plus interest rate hikes. The question: that's on everyone's mind is how aggressive are they going to be with their balance sheet? Runoff, that's the question: if they're going to be aggressive, aka very hawkish, look for things to continue to sell off if they come. In. Surprisingly, devilish, look for things to pop.

When i'm saying things the overall um, i would say, sub asset classes that are being abnormally hit right now, as you can see by the percentage drop in the queues, is high growth, high risk options, not options as in market options, options, as in your tech place. As in your memes, as in your crypto, all that stuff is more considered to be on the right side of the risk curve as in riskier. So when we're in a risk-off scenario, money is going out of those plays either into cash or just, i guess, what's typically thought to be safer, more boring things such as financials such as bonds in that world. So overall just kind of letting you know what's paying.

What you need to pay attention to next week, i'm expecting even more volatility than this week. Also, i think the volatility will be increased by just the fact of how many earnings are coming out over the next two weeks. We have a lot of big important companies. All reporting their earnings, i'm talking about apple, i'm talking about tesla, microsoft, google, the list goes on and on and on we have some more banks.

We have some energy companies, no matter how you dice it up. There will be more volatility without a doubt with the whole crux of the situation focusing on wednesday january 26th. You need to be paying attention to that. Now, that's! What's going on with the spy, you see that the queues are in somewhat of a similar position.

They broke down below their 200 yesterday and, unfortunately, the downfall is continuing. Now we are at major support of 353 if it doesn't hold here. My next target would be 342, maybe 345 somewhere in there, but also remember 350 is a nice psychological level and the rsi is already pretty to a noteworthy level, beat up on the spy on the queues and also, let's take a look at the russell coming to Support right now that we called out early this morning around 198, which is the gap fill from almost a year ago, january 5th, into january 6th of 2021 ding, any ding ding ding. We got a gap filled there and i don't want to be like a crazy person, but if things actually get bad, there are still a couple gap fills to the downside on the russell that we might have to talk about in the future.

I am not calling for d-day today or next week or anything like that, but something still worthwhile to pay attention to. So that's a look at the overall market, particularly if you are interested in amc, make sure you're paying attention to the russell iwm, because they're obviously going to be tied together. We know that amc is the biggest equity showing within the russell within iwm. Overall.

I think this is absolutely comical that amc and jamie are green right now when everything else is a sea of red. I mean man, that's how can you not laugh at that jimmy's up 4.76 amc's up 0.86, okay, so a couple things i want to say: uh, let's talk about how to protect yourself? Well, if you think, there's going to be a bearish downturn, if you think things are going down, let's like use the spy as an example, there's a couple ways you can protect yourself: let's go over some of the main ways, but this is not the entire exclusive List one of them is, you bet against the market generally, if you're going bearish, you want to bet against the market. Yes, you've probably heard about shorting, but a lot of people don't have the proper account to do that. They might have the proper requirements to do that.

So, let's shorting's basic well going long you buy and then you sell shorting you sell and then you buy back at a lower price and you collect that difference, but a lot of people, especially in retail, not necessarily the biggest fans of shorting. So, let's forget about that one for now, let's talk about, maybe the obvious one that you've heard, probably even for me i have spy puts. I have cue, puts let's talk about some of those. What is a put? Well, it's you have call options.

You have put options: it's an options contract, it's a literal, legally binding contract. A put contract is your right to sell a hundred shares of whatever underlying etf equity, whatever at a certain price on or before a certain date, so using the spy. As an example, let's say recently, you thought that this whole fed situation was going to go haywire and let's say we were trading at hang on, let's scroll back a little bit, let's say up here: you're like i don't like the looks of this and we're trading At 470 - and let's say you bought out of the money out of the money, puts means it's below the price out of the money. Calls means it's above.

The current price calls and puts are perfectly invasive, inverse of each other, so whatever i say about, puts if you invert it, we could talk about calls. For example, a put is your right to sell 100 shares at a certain price on or before a certain date. A call is a right to buy 100 shares of whatever underlying equity at the strike price on or before, whatever day you always just invert it, but anyway, we're talking about puts, because this is how you can protect yourself. If you think the market's going to go down so say we were sitting here and it was around 470.

You thought things were going to go off the rails. So, on that day, you're like i want to get puts you went long as in you bought puts for the spy at 450 for whatever strike price or whatever expiration date. What does that mean? What does it mean? You have a right to sell stock or in this case the etf spy at a certain price on or before a certain date. Well, right now remember what i said: you have the right to sell, as in that contract says: you're allowed to sell it at 450, which means that's awesome, because it's trading at 440, let's say if we round down a little bit 440., so that means you're in Profit and the way it mathematically works out is, since you have the right to sell it at 450, but it's trading at 440..

Well, if you wanted to, you, could just go, buy it for 440 and you have a contract saying that someone has to legally buy it off you for 450.. That 10 difference right. There is what you're capturing and then with calls it's the same thing. It's your right to buy so let's say it went the other way.

Let's say you got in at 470 and it ripped to 480, but that's what your strike was at. Well, you have the right to buy it at 470, even though it's trading at 480, which means you're automatically in profit once again calls and puts, are the exact opposite of each other. You would go long on calls in a bullish environment. Excuse me, and you would go long on, puts in a bearish environment, so that's probably a methodology right out of the gate, but it actually can get a little bit more.

I guess nuance than that um. This is just like a high level thing that i think all of you, if you want to know more about it, uh take the the weekend to do more of a deep dive, so another strategy would be what's referred to as covered calls. This is selling calls against your current position. So let's say you have a hundred shares of this spy.

Let's say you own 100 of those, but you don't necessarily want to get out, but you want to make some money and you're not feeling the most bullish in whatever time frame. Well, whatever that time frame is, you could sell a call against it so selling a call is similar to buying a put remember they're opposites, but in this case it's a little bit different because you're, basically just hoping by the time you get to that expiration date. You just don't want the price of whatever the underlying thing is to be above your strike as long as you're below it. You collect the premium whenever you sell a call or sell a put to create a position you're the one collecting that premium.

That's a little bit more of a conservative approach because the downside to that is losing your premium. If, if it does go in the money um you well, when you sell the covered call, your biggest risk is minimizing your profit because you have the underlying stock. If you want more of a full-fledged breakdown of covered calls, i already have it on my main channel. I have it on coors light.

Just search mac cores cover calls, but anyway covered call the name of the game. Is you have perk one that you sell? At least a hundred, so if you wan na, if you have a spy for every 100 spy, you own, you could sell a call against it and basically for whatever time frame, you're looking for it to be below that strike. If you are wrong well, you might lose your underlying, which is going to minimize your profit, or you could always buy just the callback at a particular loss. But i explained that more in the covered call video circling back a little bit to the put your major risk in that scenario is the premium that you pay, so let's say you paid three dollars and 50 cents.

Remember it's leveraged at a rate of 100 to one that means you paid 350, whatever you paid in the premium, that is your total risk in the situation. Uh just to clarify your risk there, so we went over, puts we went over covered calls, the other one. I want to talk to you is about credit, spreads credit spreads uh, either involve two calls or two puts you can do whatever you want. You sell the closer one and you buy the farther one out.

So once again in the spy, you would sell the 448 and you would buy the 450 if you were dealing with calls or with spy. If you were dealing with puts, you would sell what the 435 and whatever buy the 450. You sell the closer one and you buy the farther one out either two calls or two puts two calls or two puts sell the closer one to the current price. You buy the farther one out.

So in this scenario, if you are bearish you're looking similar to a covered call, but in this situation you don't necessarily have to have the underlying stock, you would actually sell a call credit spread. So basically you're just saying you think it's going to be below the lower value. So in this scenario, if you went to the spy and you sold a 448 call and then you bought a 450 call, your maximum profit occurs in the scenario where it's below 448. On your date of expiration, the way this could go awry on you is if it goes above 448 and your biggest risk in the scenario is the difference in the premium because remember you sold the first premium as in it was credited to you and then you Bought the other one, so whatever that difference is that's going to be your overall risk in the situation, so basically getting puts going long on, puts, selling covered calls or doing a call.

Credit spread are three ways you can protect yourself in a bearish trend and there's. Obviously any questions on that. Please do not hesitate to ask all those individually i've gone into more detail and you can find those videos either on the main channel or on the coors light channel, just search it if you're on rumble those videos are probably not uploaded there. So you might have to come over to youtube lamb just to find some of that older content, but these are all ways that you can protect yourself against a market downturn and potentially, if you play it right, you can actually make more money.

I'm doing this to express to all of you that going just buying a stock is not the only way to make money in the market. There are various other tools that we have at our disposal and right now i think it's important to talk about simply because it seems like the market's getting a little bit hairy and things are happening that haven't happened in a year and a half so hey, i'm Doing my best to explain some of these things to at least get you started and maybe give you a direction of things to go: google next or whatever look up next, just be like okay, that's interesting! So if you feel confident about the current bearish trend, this is maybe something that you might want to look into um. So that's what i have for you, overall of what's going on in the market, the insanity of amc and gme being green right now and then a variety of ways that you could protect yourself. I just want to remind you: do not forget about the fed meeting on wednesday we're going to get the results of that 2 p.m.

Eastern and then powell will go for his live press conference at 2 30. This is wednesday january 26th, and that is in the middle of a host of very important earnings announcements that definitely can also sway the overall market, because it's heavy hitters such as apple and tesla next week. I believe microsoft and google, the week after big big companies that can sway, particularly the nasdaq but they're, also very important to the spy, so they can sway the spy in one direction or the other. A couple of things all need to pay attention to them.

Now, let's talk about amc and gme, first of all, i'll give you a quick update of what's going on right here, amc's current short interest, 19.65 percent and then game stops actually up even higher 19 19.16, so both of them above 19. Right now, pretty pretty crazy. Remember when you're looking at the borrowed change, that means one of two things. Probably a combo of the both it was either shares that went on loan were never actually short and are just being returned or at the earliest.

It was shorts that covered two days ago and now they're being returned. I don't think it's all one or the other. I think it's some proportion of each of those, but remember that's what borrowed change means. It's not saying shares, or it is shares return, but it's not saying shorts covered.

Those are it's a small difference, but it's an important difference that has a different impact on like what we're actually paying attention to. So i felt the need to clarify that um. What are some of the other things going on if you are having issues getting your amc nft, that video is on coors light? I did that explanation this morning, um it's not too bad of a process, but if you're maybe not used to having a crypto wallet, i can totally understand how it might trip you up. So if you signed up for amc, investor connect before december ended uh at the end of december.

That was the cut off line, but if you already signed up go to your email and definitely check either your spam or your promotions, that's where i found mine. I found it last night and then i went through the whole wax process and i thought i was like yeah. Maybe some people are going to get like a little bit confused on that. So if you have any issues you could go in there, you could see mine yada yada now um.

I do also want to say, as you can see, pin to the top of chat does matt still own amc and jimi. The answer is yes. I have a four figure share, account of amc and a three figure share account of gme. I have my usd investment in both of these definitely definitely in excess of six figures without a doubt um.

I don't know where this rhetoric is coming from. There's a lot of accusations of did i sell out trust me, i'm the source. I have my amc. I have my gme beyond that.

Maybe you don't want to believe me. You can fact check sign up for public you'll, get paid to sign up. You'll get free stock, there's no payment for order flow. There's no market makers.

There's none of that, and the kicker there is hey, you can see. I have it now. I would ask of you if you see anyone doing this. This is extremely detrimental to the community.

Why well it just so happens that i've been given the blessing to become one of the leading voices in this movement. So now there's a lot of confusion. I cannot count it's in excess of hundreds of dms hundreds of tweets, whatever social media there's out there. People are reaching out dude.

I heard you sell out, please if you see this point them to public point them to the fact that i made a video on how to get your amc nft point them to the fact that they can see i'm in amc and jimmy, and i guarantee you Everyone else, seemingly they're, still using weibo literally today, a known creator in this community posted that he's still training on weeble. At a certain point, you just get to like a loss where you just realize the loud voices in this community right now are so incredibly stupid. If you see any video of like working for ken griffin of selling out any of that, the facts are on your side, i've done it all publicly. You could see what's going on, please please call them insanely stupid for me.

That's i don't! Even i just want you to call them dumb, like that's all. They are these people they are wishing. They were born with an iq that was not in the single digits. Unfortunately, they weren't and i get it mother nature can be a and it's just one of these things.

Yes, some people are toxic dumbasses. I wish they could change, but it just seems like who they are. So i don't know i'm fine with letting them know who they are. Maybe you that's your style, maybe that's not your style, but i just wanted to.

I guess reiterate to all of you. Obviously i have your back. I care about fighting for market transparency. I care about actually teaching about training, i'm not a hype guy do you know how many people came into this community and they started trading in the past year and they just don't know what they're talking about i've been in this for a decade.

Look at the quality of explanations. Look at the amount of times people had to roll back what they said, because they were telling you silly silly silly things it is dangerous. It is extremely dangerous, especially when hard earned money is at play. This is not only applicable to amc and gme, it's applicable to the entire market, wide, the equities market, the futures markets, the options market, the crypto market understand where you're getting it from, and please please understand that if you're seeing something on the internet, it's not it! There's a good chance: it's not true! It's the internet, folks, when this community is just taking twitter and reddit and youtube to be the gospel of fact.

That is dangerous. Previously, all the way up until october, i truly believed our biggest enemy was hedge funds wall street politicians, the kind of pay to play methodology that we've seen these market makers. These high frequency traders - they are still problematic, but i think our own group has become a bigger risk to our movement than that. I think it's swapped in october, but there are some people who have some very loud mouse who have no clue what they're talking about and if, given the chance, i'm telling you right now, whatever clip this fact check it do whatever you want in the future.

If those people are not shut up, they will ruin this entire community. They will ruin this entire movement. I have absolutely no doubt about it once again. If you have any questions, feel free to dm me.

It's that simple, i'm giving you the resources to see my trades to see what i'm in what i'm not in, but if you have, if you can't find something beyond that dm me, use me as a source about me, not some that you see on reddit, twitter Or youtube or any other aspect of, i guess - social media and the overall internet all right: where are we at? Oh? I wanted to give you my updates uh right right here. Can you guys see this so the current positions, current positions, so i added a new one uh right here. If you can see it so dwack still messing me up, i'm down 1 600 on that the q puts which were a fifth of the size up 676. The spy puts almost up a thousand that was a quarter of the size that tesla puts up 4 400 and the newest trade are uv.

Xy calls. This is a way to go long on volatility. So, overall, the p l on the day, including this silly silly loss um, is 5 800 and the open p l is currently 5 000. Just for a little bit of fact, checking to keep the honest people, honest, here's the account.

I started it at 10. I got it up to 1718 and then i made stupid stupid trades on tesla got knocked down to 11 300 got knocked down to 10 700.. Then i was like yo chill. This market looks weird, there's going to be nice.

Opportunity made a good tesla trade yesterday and some other trades there was that sofa call got up to 14 800 and right now it is sitting at 20 000.. So for this particular account, it is a new high-water mark, but i don't know i'm just trying to not get into my own head and make stupid changes to um my current trading methodology to mess it up right before i get over pdt. I have four and a half thousand dollars to go so slow and steady is going to win the race and once again, if you want to see any of these trades, all of them are posted right here um. So you can see what was that uh? You can see my newest play.

The volatility play uv xy strike 19 expiration date, uh january 28th, premium 1.02 weekend swing. I don't think the spy 200 moving average will hold half size position uh as you can see it didn't hold. And what did i say? Oh sorry, i am not showing the right screen. Hang on my apologies um.

If you want to know my trades, i put them up here for the like. The public options account and then my stock account is on public publicly available on public um and then the options when i'm posting them all here. So volatility play uv. Xy call strike 19 expiration date january 28th, premium 102..

It was a weekend swing. I don't think the spy 200 moving average will hold half size position. As you can see, the 200 right here 442 did not hold. I got it around.

What was the time on that uh two hours ago. I wish i had the exact time so roughly two hours ago, and i don't know how much is that up that is currently up six hundred dollars and that service to be a premium person. It's ten dollars a month hundred dollars a year. You could have already paid for six years with literally just that one trade all right.

So that's the breakdown. We have a couple minutes left um. Let me know if there's any questions, let me know. Oh amc.

I need to say something: i cannot articulate or properly express my anger levels for the fact that people with a serious falling were somehow making. It seem okay to get the 145s for today they cost you money, it's one of two situations and i don't know which one is worse. Either they lie to you, they knew it was a bad idea and they just basically made you lose money or the other option is that they are so incredibly stupid and don't know the beginning things that they need to know about the market and legitimately thought it Was a good idea that type of idiocracy, or that type of i guess nefarious lying? I don't know which one's worse honestly, it might just be the idiot one that i think is worse. I feel so extremely bad for the people who were somehow goaded into buying deeply out of the money calls that expired today, the fact of what's going on in the overall market, it was all but guaranteed, and i know i don't like using that word.

That's why i'm saying all but like let's just say it was like a 99 chance instead of 100 chance that those were not going to pay, they lost collectively the apes. I don't know how much money so so dumb the this idea of, like, manipulating and all like, trying to organize a buy at a certain time, wildly dumb illegal. I i don't know how people get away with this stuff um it's time to like actually realize who knows what they're talking about and who doesn't know what they're talking about the 145s or any deeply out of the money. Call that expired for today.

That was recently getting pushed i'm talking in the last week or two those people never should we hear from them again. They are scummy scummy people and also people trying to manipulate and coordinate buying. They are going to seriously they're a detriment to the community, a serious detriment to the community. They are going to get us in trouble with the sec uh, but why volume 70 mill, but nothing uh, because volume doesn't correlate with positive or negative price action.

Volume is how much is exchange. Uh price action relates to buying and selling aggression. Ding ding ding, the casino is closed. Folks, i turn myself off folks.

It is friday tgif that is market closed for friday january 21st. We had a wild week. I think next week is going to be even more wild and i hope that you're learning various forms to make money in other ways of trading i.e. What i went over puts covered calls credit spreads.

These are all tools at your disposal. Do i think you should hop into them as early as today or monday? No, i'm saying this is the thing to start learning about it's it's the next thing you should study up on. If you have some extra time this weekend, i'm not condoning that people have to trade options, but i am saying, if you're going to be in the markets, you should at least know about options. Um.

Thank you. Thank you. Thank you. Thank you.

It's been a wild wild week, hopefully you're playing some of this volatility right to keep your account even more and more green, thus far from the start of january. Until now, the public account hang on the options. Account is sitting at twenty one thousand dollars, which we means we're up over a hundred percent in about 21 days into the month um. So i'm excited.

Hopefully i don't botch this, and hopefully we could get it over pdt. As always. I appreciate your support. I might be able to put out some like specialty content this weekend, seeing what goes on with my internet issues right now, but we're gon na get to the bottom of that, as always, you people are the absolute best.

I love all of you. Thank you. Thank you thank you and, as always, i can't forget about share from chair and myself best of luck in the markets. I will catch you at the latest on monday, but ideally even earlier, have a great weekend spend it with friends, spend it with family.

I hope you have a good one. I will catch you soon, whatever it is your morning your evening or your night. I hope you have an absolutely phenomenal day. Peace.

You.