Hey thank you later, hey, we are back at it. It is thursday january 20th and boy. Oh boy, like i said this week pretty volatile week. I think next week, another volatile week.

Let's go over everything, that's going on and we're going to kind of do it. What's going on in the overall market, we're going to talk a little bit about politics, we have some spy q russell updates, we're also going to get into some earnings announcements, a couple more banks. We have a couple airlines that reported and then i just have some other, like i guess information that i want to share with you and then from there we'll dive into individual ones. We can look at the short interest: amc, gme bbig.

We can take a look at dwack, all the ones that everyone's excited about paying attention to right now. Now i want to kick this off and kind of say. Yes, i'm still holding my, i guess, bearish tone on this week and potentially next week, and what i'm doing is my reasoning for that is basically paying attention to the overall market and seeing how it's going to be impacted with. Basically, some of the comments from the president last night we're paying attention to the uncertainty surrounding the next fed meeting the fomc meeting um.

How hawkish are they going to be? People are thinking that they might kind of surprise us with how hawkish they are related to the balance sheet normalization or that they're going to do tapering as fast as they can, and we already know that. There's going to be three potentially three plus interest rates, so we're going to be diving into all of that. We might take a quick peek at what's going on in the world of crypto um, but right now i just want to inform you kicking you off uh to kick this all off. I still have my spy and my cue puts yesterday and as we were going into market close, they were absolutely printing printing printing printing.

Now, if i end up making a trade on stream, i share that with all of you, obviously, but if it's done off stream, if i open or close all that stuff can be found in the comment pinned to the top of chat, it's just macwars.locals.com. You can check it out, um, there's a free version to read everything and then, if you apparently want to engage in the community post, your own trades post, your own dd post, your own thoughts post, your own questions, um, there's that branch as well. But yes, there's a completely free version, just check it out. It is pinned to the top of chat.

So that is the setup on the day. Oh yesterday, i wish i could move my camera to show you. So i ended up going to walmart shout out to walmart uh and i bought the mattress toppers like for a queen bed. I cut it all up like edward scissorhands, measured it out and put all these up, so the sound.

The audio should be back to the classic crisp level that you're all used to. Unfortunately, my internet provider cox is having not just issues where i live now, but throughout the entire us, the download, speeding, download, speed blazing blazing fast the upload speed. As of now, it's still it's lethargic, it's slow um. They are they're sending a technician today.

So if any of these frames are getting dropped, my apologies um, but i don't even know if the technician will be able to fix it when it's like a nationwide issue. Right now, um, i feel like i should just probably switch back over to verizon fios. If i'm being completely honest anyway, that's an update of what's going on now, let's get into the show. What should we call? Today's show market manipulation.

The market manipulation with me, matt marketman. I, like that market manipulation with me, matt w-m-m-w-m-m, that's that's the name of today's show. So let's hop right into it. So yesterday the spy, the qs the russell all had to dip into clothes, but it was a little weird with the speech last night, but in pre-market we are seeing a little bit of green right now.

The spy is up 0.5 percent. The queues are up. One percent and the russell is up 0.5. Here's a look at ooh mcdonald's, expands test of mick plant burger created beyond me.

Well, shout out to if you like, mcdonald's, and if you like this vegetarian option, you could get a mc plant burger. But anyway, the dow features, the s p, 500 features and the nasdaq futures all in the green oil, taking a little breather off a seven year. High pushed over 87 and yields are up right now now i do find it a little bit interesting. That yields are going up right now and i mean to let's be fair, they're pretty much zero, but to even see a little bit of green and we're also seeing green across three of the major indices, at least on the futures market kind of a little bit Of a disconnect, there makes me wonder: okay, which one's right which one's wrong anyway, let's hop into it.

Five things you need to know before the stock market opens today, thursday january 20th, stocks set to open higher after nasdaq entered correction territory. If you want to look into it, a correction mathematically is divide. This, like defined as a 10 drop from the recent high most likely going to be the all-time high. When you're talking about something like the nasdaq or the s p and a bear market is a 20 drop just if you're curious of how they actually get that terminology.

Overall. Before i go on to american, united and the earnings, i did want to mention that going into today, i'm actually a bit bearish still um. Yesterday we saw some action right uh around here, where yeah it popped and then it sold off, but it popped up still. Overall, it was a bearish tone.

If you look at equity clock, that's the website. I show you to show you the seasonality of what's going on, if you pair that, with the unknowns of the fed and as i'm about to get into it, uh potential geopolitical conflict with russia, slash ukraine. The situation is unknown and stock market. The stock market does not like unknowns.

So when you see these big pressures of like okay, which way is it going to break the stock market, usually is like a little bit more common, they go risk off till we get the actual answer anyway. American united see rough first quarter ahead due to rhona, so united warns, ro uh unicorn will delay travel recovery drive up costs. It's funny that i actually almost stumbled over that. I almost said the real word, which would get me in trouble.

Isn't that insane like? I get you, don't want the spread of misinformation, but to the point of like, if you're, not a like a white listed person, um buy big tech. If you say this, that gets you in like trouble like they don't promote it. You get lower advertising costs like isn't that wild that we live in this world where, like well, first of all, it's kind of impressive from a technology fee that they're doing natural language processing nlp at such an efficient rate. To know what i am saying, but they're kind of using it in a weird way, but anyway, united united posted a narrower fourth quarter loss and that's good and higher revenue than expected thanks to strong year-end bookings.

That's great. That means that united beat on earnings, but then they also set guidance for this upcoming quarter. This upcoming year and obviously they're a little bit worried about that. The airline warned that the unicorn variant has dented bookings and will delay its recovery from rona.

On top of that, there's, obviously these concerns about. Okay, when we launch 5g is that going to have an impact it seems like throughout the year. They've just had all these reasons of why the airline industry has been disrupted in one way or another, united executives will hold a call with analysts and media at 10. 30 this morning, so do not be surprised if there's some volatility in united an hour after the market opens.

Let's go on to american american airlines posted slightly higher revenue, narrow loss than expected. So united and american did the same thing last night this morning and then also that's in line with what happened with delta last week. So the entire airline industry, a similar story of they beat in the previous quarter, but a little bit iffy about how things are going to play out for the first fiscal quarter of the calendar year of 2022.. American posted its highest revenue of the roan or of the pandemic in the fourth quarter.

I don't know if i could say that word. That's why i stumbled over it. Uh rivals delta in united previously warned that the unicorn variant would temporarily weigh on bookings in early 2022, so they are lowering their guidance, um kind of related to the airline industry, because there's been a mass exodus from the workforce. But also this is just a general trend that we're seeing globally, particularly in the us um a lot of people exiting the job market, a lot of people leaving their job a lot of people, switching their job.

There's a lot of people, and maybe it's a psychological thing being two years into this, like mental purgatory that we are in with the pandemic of a lot of people, are looking for switches. I know a lot of people are just straight up. You know what i'm not getting paid enough inflation's too high. What's the point anyway, there's uh, i think a myriad of reasons of why people are thinking the way they are, but anyway, jobless claims jumped to 286 000 highest level since october.

Now i do have a little bit of a metric, and this came from the president's speech last night. At the height of the pandemic, unemployment was 14.8 percent, but actually recently it's bottomed out, the unemployment rate is 3.9 and yeah. You could argue the nuances of how it's calculated like there's various things that aren't like really in it like, if you're not actively looking for it, you're, not counted if you're in the military you're not counting there. It's like weird calculations of how they actually do.

Unemployment trend, i mean it went from fifteen percent down to four percent, like that. That's pretty good, hey i'll! Hang, my hat on that! Oh before we move on just so you know earnings so obviously uh. Yesterday we had some of these banks, united and then american airlines. This morning we have some other ones: union, pacific, all right, a couple people going to be watching that one we have more banks, and we also have more of i, i guess.

Let's say some of these energy sector like schlumberger, is on friday. People will be paying attention to netflix. That could be an interesting one. Actually, i think i have a piece of news for that, for you, um netflix usually beats on q4 earnings, but maybe not this time.

Once again, the earnings are not out. They come out after the market closes today. So do not be surprised, especially in the last two hours, particularly the last hour of the day, if there's some volatility in netflix jockeying for position as people are trying to bet on the binary event, that is, their earnings, call their earnings announcement once again after the Market closes today on netflix uh speaking so much about ronan and all that fauci says fda could soon clear, pfizer's vaccine for kids under five and then also on another political front. Thing biden says he thinks putin will order invasion of ukraine.

Now. Let me share a little bit of a story with you uh for my life last night. I knew that the president was speaking right after the market closed um. I thought that it was just like a classic.

Hey. I've been president for a year. This is all the good things i did uh i mean i didn't think it was gon na. Do anything that would impact the market really like, of course, there might be a little bit here or there, but it did um.

To my understanding, i had to go back and find a recording of it and re-watch it, because i saw that twitter was blowing up, and maybe the best way to put this is that it went completely off the rails and at one point this was wild. And this is kind of what spooked the market biden suggests. Russia would not be punished for a minor incursion into the ukraine, prompting white house uh scramble to clarify, so they actually had to like run this back and obviously with it like this, isn't a right or left thing. I'm bringing this up because anything talking about russia, ukraine, china, war, any of that stuff clearly is going to have an impact on the market and it depends on what set and if it's going to be bullish or bearish.

But this kind of apparently came out of like left field and you can see it in the market from last night it kind of went a little bit bonkers. Fortunately, yes, we are bouncing back this morning, so the white house scramble, i guess, was good enough to do its job. But if you didn't listen to it, probably worthwhile for you to like just get a little bit facts because like to me, i thought it was going to be nothing. I thought it was going to be an hour of patting each other on the back of look.

How great we were, but there was actually some juicy developments there. Speaking of presidents, we do have an update from a previous president. Previous president, trump says: nancy pelosi shouldn't be allowed to trade stocks, as calls grow for a congress-wide ban. Now my question here and i don't know if anyone's brought this up, can they still trade options, like i hope when everyone's talking about this shouldn't be able to trade stocks, it should say and options like what or we could take out a word shouldn't be able To trade like this, i feel like we're already seeing that there's gon na be a loophole and be like okay, okay, 75 of the public doesn't want us to trade stocks, so we won't trade stocks and all of a sudden you're going to see an explosion in Options trading, so i think we either need it to say allowed to trade stocks and options, or it just needs to say not allowed to trade like it's bugging me out a little bit that they're just saying stocks um, but that's something we could dive a little Bit more into in the afternoon stream, when we really like to go into our rants and the final thing i have for you before we dive into some of these individual stocks and their charts and all that good jazz um.

I want to talk a little bit about the potential microsoft acquisition of activision leaked messages from microsoft. Employees show that the scandals at activision blizzard are going to be a huge challenge to their 68 billion merger, so on top of it, like i kind of pointed this out that the day before the merger was announced, we also saw that there was like a laundry List of people that they cut, who, for one reason or another, were caught up in this scandal, but whatever that is what that is, it's worthwhile to pay attention to, because it might actually hurt the merger anti-trust rules and laws like is this gon na make microsoft? So big is the government going to shut it down, but i want to talk about some of these other effects we're seeing because of what's going on with their closest well, i shouldn't say: closest competitor, one of their major major competitors, sony on this deal. It actually caused sony to go down, but then other video game makers such as take two actually went up on the news because they're like well. Are they now an acquisition target? So it's interesting to see how announcements and catalysts like this permeate throughout the wall street world the stock market world, with it sony got crushed all these other gaming ea went up.

Take two. There was a whole host of them that went up because they're like well. Okay, gaming companies are now worth this based on this earnings per share based on this revenue. Are they going to be acquisition targets all that stuff? Very, very interesting to me, i like to see how uh the network effects of it all speaking of recent announcements.

I actually kind of want to kick this off with sofi, so sofi recently did well, even though it gapped up more and then kind of sold off throughout the day, most likely because of pressures in the wider market. But it was still up 13 and the reason so if i did well is because it cleared a regulatory hurdle for like the next stage of being a quote, unquote bank. Now, with this i'm going to be watching it, because i really am interested in this. Like 1450 level, as you can see, if you map out 1450 roughly, you have support consolidation, support resistance, resistance resistance if it can get out of here on some low rsi.

That might be a reasonable risk to reward setup. So obviously i have no position if something changes about that, i'm more than happy to keep you updated, but um. It's definitely something on my watch list. I want to pay attention because hey it was a very, very positive catalyst.

Now, before we get into amc jimmy bbig dwack, all of that, let's take a quick look at the daily chart for the overall market. Yes, there's a little bit of a gap up right now, i'm going to be watching this 455 region see how it reacts to that on the top side. On the bottom side, i'm basically watching to see if it breaks down below i mean 450 is a psychological level, but the technical level is 451, so i'll be watching 451. And then, after that we have a gap bill at 4.

47. 55.. Let's see how the market reacts to that, so my resistance to the stop side. 455 to the bottom side, 451 followed by 447.50.

Those are the levels i'm watching on the s p. 500 in the queues. Yes, another gap up, i'm going to be watching. Basically, let's call it 377 or that's the top side or a bottom side breakdown of 365 and some change which actually could lead to a gap fill at 361.

in terms of the russell which don't forget, the russell's important, because amc happens to be the biggest equity Exposure within the russell um i it's gapping up, let's watch the region of 209 and if it's not going to behave well, there uh honestly you're looking at this gap bill of 190 760.. So all these they are showing some pre-market strength. Let's see, i bet, there's going to be a little bit of an early morning. Push let's see how it reacts to resistance if it breaks out great, let's see if it keeps going if it gets rejected, i'm still going to hone in on most likely.

The gap fills for all of these now, let's talk about amc, gme amc, the this morning's estimated short interest coming in at 19.88, jamie's coming in at 17.88. Recently, if you look at the like the past three months, both amc and gme, their short interest has slowly but surely been climbing uh, definitely going higher and higher. Thus far this morning, gme they've already loaned out 30 000 against it and in terms of amc, they've already loaned out 286 000. Now, let's take a look at the chart, so i'm actually watching hang on.

Let's get this gap phil hang on! Why is this not? I want to get the exact level for everyone. We have a gap bill from this june period. 1667.. Now, obviously i hope we don't get there and there's a shot.

We actually don't, because the rsi is so already extremely beat up that it's kind of signaling that the bears might be out of steam. We have a little bit of a gap up this morning to the tune of 1.5 and we are looking to see if it can recapture 20.. Remember i keep talking about 20. The longer we stay below 20, the less ideal, the situation we want to get back above that we want to show that there are interested buyers, but let's see how it plays out it's kind of hard to deny that, since the thanksgiving time period, this has been In a bearish trend, but obviously, trends don't last forever.

Obviously, trends change, we're looking to put in a bottom we're looking for buyers to signal hey. This is a very cheap price. We want to load up more but patience, patience, patience in terms of gme uh, not the exact same scenario, but a similar scenario. There's some major support around 100.

It's technical support, it's a key psychological level, so i'll be watching that. But like amc, let's hope that it doesn't even get there i'm looking for. Once again, the rsi is beat up we're looking for a bottom to be put in and basically riding it back up off of that. But once again we need to see the chart signaling that there's actually buyers stepping up because, as of now same time period ever since thanksgiving amc and jimmy the selling aggression has outweighed the buying aggression.

So that's amc and uh. Excuse me amc and jimi. Now, let's talk about um, one that was previously talked about once again getting people excited so bbig buy the rumor, sell the news everyone's talking about kryptide it had a beautiful 100 plus run yesterday. It actually gave us a gap.

Fill i kind of like that filled in that gap, so this gap right here from the 14th to the 18th is taken care of and also previously the gap from the 22nd to the 23rd is taken care of. So all the recent gaps like the closed ones. Now we just have gaps left to the upside there's a nice gap to 585 and then there's another gap all the way up to 750.. Is it going to hit those levels? I don't know, i'm not clairvoyant, i'm not a future teller.

I just know that it has a considerable short interest. 28 percent. That's another thing! That's just going up and up and up. I know that the market is very, very loaded up, so we're gon na have to see if it plays off.

I have no bbig position. I feel like i'm late to the party i wish i got in around sub three dollars. I just feel late to it, i'm gon na watch and watch and watch. If i see some dip, maybe i'll get in.

I don't know i'll. Let all of you know, but really i'm going to be paying attention to it, because i think this momentum is going to be short-lived. Whenever you have a squeeze scenario, it never hangs out at the new price. It's very much like a ball going up in the air and coming back down, i'm looking for this to go up and up and up, i don't know how high the arc will be.

I'm gon na be patient. I'm gon na watch, i'm gon na stop this trade and when i see it coming back down, that might be my opportunity to get some puts, but with that being said, i'm definitely watching it for that, but that doesn't mean i might not go long before it Because hey if this thing goes back up to 1250, maybe even more - i don't know that would be awesome. You can play it both ways. You don't have to only play things.

One way now: let's talk about the other thing: the whack, so dwack ran up to this resistance uh. What we were talking about around 90 could not hold out there, but today, let's see because it's pushing pushing pushing the rsi got really really high in the overbought territory like such as bbig, and now it's natural for things to take a breather you're, not always gon Na have green bar green bar green bar green bar when the rsi gets this overextended yeah. Look for it to take a bit of a breather and, in reality, talk about a cup and a handle. This might just be setting up a beautiful obvious cup and handle so what i'm kind of looking for is to see if it kind of chops a little bit and then pushes 90 once again messes around there and then on one of these days, with a huge Volume explosion looking forward to break above that, but similar to bbig.

I have no dwac position whatsoever right now, um in the public account which anyone can track it sign up. You actually get paid to use this, there's no payment for order flow. There's! No market makers. Definitely check it out.

You can see what stocks i'm in amc, gme prog all that stuff. If anyone ever has questions, if i'm selling, if you're on public, you get a notification, if i do anything, you'll know if i sell, but yes, i'm still in amc, i'm still in gme, i'm still in prague. It's actually getting like nauseating just to continually answer that, but then, in terms of my options account which i'm using td for just so you know, i still have those spy puts for feb. Fourth, and i still have those cue puts for feb.

Fourth, the spy puts are a quarter of my a quarter of a size of my normal position and the q pits are a fifth of my size of my normal position. I'm just waiting waiting waiting for an opportunity that really jumps out at me to go full size. I might scale in a little bit more add another fourth add another fourth, something like that. I might scale in scale out or if the opportunity really comes knocking.

I might just go up to full size position on both of them, but i'm waiting waiting, waiting, trying to be as patient as i possibly can. So that is the i don't know the setup for the market: manipulation with matt today, let's see how much things are going to be manipulated throughout the market. Um. Let me know if you have any questions.

We have okay about five minutes to get back to you. Let me switch over to the one minute chart overall, let me just reiterate that i am bearish going into today. I would i want to see it proven that, like buyers are stepping up um right now. Yes, you have some outliers, such as bbig and dwack, and when i'm talking about outliers, i mean that they're kind of bucking the trend of the overall market, but most equities, are following the overall market right now, you're seeing massive flows of money in massive flows of Money out, hence why i'm so focused on the spy on queues on iwm right now, i'm trying to get a better idea of what is truly going on with the overall market.

I think it's actually important to know what's going on with the overall market, because you need to know, are you running into headwinds or are you being supported by tailwinds, and that goes for either direction that you want to play the market all right? What else do we have good morning, good morning, good morning, good morning? What else? What else, what else, all right we are rocking? We are rocking all right, the bell's about to go ding ding ding, oh, if you haven't already, i would love to ask of you. Please destroy that like button, it's always awesome to get over a thousand likes before that bell goes ding, ding ding, i believe we're like roughly halfway there or something so if 500 of you beautiful moon, gangers could drop that like um. Also, if you haven't already don't forget to subscribe to rumble, follow on twitch subscribe on youtube, whatever your home is um, there were some people dm'ing me this morning about like oh, we heard you're quitting youtube. I don't know where this is coming from.

I am not quitting youtube. I do 15 shows a week they're on youtube they're on rumble they're on twitch uh, i multi stream to all of them. There's! No, i'm not just posting on rumble, i'm not just posting on twitch, i'm not just posting on youtube. When i post it goes to all three like i just i do 15 shows a week monday to friday.

Three shows a day um. So if you're confused at all or anything like that, just just so, you know like i'm, not leaving youtube, i'm not leaving twitch. I'm not leaving rumble i'm on all three simultaneously. I also saw um.

I just want to clarify just in case like maybe you have questions, and you saw something i'm getting a lot of comments. In fact, here's one that i got this morning to wake up to uh. What is it does your dad know? He raised a stupid, fuck um. So that was how i woke up this morning and i'm assuming this relates to people are like, oh, my god, matt's bought out by ken griffin, and i should make a whole video explaining this they're like look, it look, lookity, look, look, look citadel is invested in Rumble that means matt's paid out by um, like he's paid off by ken griffin.

Personally, just so you know is citadel invested in rumble yeah, they invested 8 million. Do you know how much they have invested in google, which owns youtube? 400 million? Do you know how much they invested in amazon, 250 million? Do you know how much they have invested in news, corp, 40 million out of all the major things we use? Do you know how much they invested in twitter, literally, if you're going through life, attempting to avoid citadel you're gon na have probably a very sad life because of how much that they're invested in so i want to clarify going to rumble protects us. Don't it doesn't matter what anyone else says? It blows my mind that there's content creators who are just on youtube on youtube, which remember citadel, has a 400 million dollar investment in hang on very quickly. Oh wait.

We have two minutes, so the bell goes: ding ding, ding, 400 million in youtube and about 8 to 10 million in rumble i've been terminated twice, tmi has been terminated, they shadow banners, they do whatever they want, and people are like. Oh, my god like in it's just i don't know if it's just stupidity, i don't know if it's jealousy, but i just wanted to clarify that for all of you who might have like more than like, hopefully like i'm according to the people, i get messages from In the morning, i'm hoping that you have more of more than a single digit iq like whoever this fella is, but i just want to clarify that that if you're looking at investments, citadel's invested in everything, they have assets under management, almost half a trillion dollars. It's like 475 billion, they are invested in pretty much any company you can. Think of.

You should have come out early and said your loyalty is to making money um. I would say my loyalty is twofold. My loyalty is to fighting for market transparency and a level playing field and then also to making money all right, but yeah i've. If you have any questions.

Surprisingly, i don't know if you've heard this before. Not everything you read on the internet is true. If you have a question matt, this sounds sus. I just heard this about you, the emmy.

Ask me before you make um an assumption of something just shoot me a dm. If i i try to answer as many as i possibly can, but um if you're, seeing something that maybe alerts you or is concerning to you before you look at it just understand that there's people who are against us there's people who i guess are jealous of The overall community there's people who are jealous of people who have made a career based on the interests of this community. So they don't want to see that continue, especially when the stock is kind of down and people are feeling emotional pressure. And i totally understand that.

But hey reach out before any assumptions are made: ding ding ding. The casino is open. Let's get after it to die, let's crush it. Moon gang crush it crush it crush it all right, iwm, the q's all right we're seeing a little bit of green um.

I know i've always that market open. I tried to bring up the fact of like yeah. Maybe it's best to wait. Those first 10, 15 20 minutes on a day like today, i'm actually gon na wait even longer, probably 20 or 30 minutes.

Just i think, we're going to see a lot of shaking out. I think we're going to see a lot of whipsaw-based volatility. I think we're going to see pushes to the upside pushes to the downside. I want to do my best to identify the true actual trend of the market today, and i you kind of just need more data and to get more data.

You have to wait a little bit longer remember. I have no issue with closing a position at market open. I don't care about that at all. Excuse me: i'm talking about uh, opening a new position, all right, uh people here we can someone's asking for amc and jimmy, let's see how they open up today.

Let's see how it all opens up, i should probably add dwack to the list over here. Let's see i just want to throw dwack up, i want to see if it pushes back over 80.. I don't know what color to make it. I guess we need bbig as well: bbig bbig all right.

What colors should these be? I'm running out of colors orange orange, i mean roy g biv needs to get back to work and make us a couple new colors. All right amc is currently at support. 1850. Let's see if it can actually hold there, let me know if anything's going nuts looks like lucid, thus far is having okay gme has almost no volume lucid, lucid, lucid, lucid, oh, i was um looking at this.

The one thing i wanted to talk about particular to gme - i don't i would in no way be surprised if, like volume and volatility, doesn't return to it until we have the official announcement of the nft marketplace um. For me personally, remember not a financial advisor, not a lawyer, none of that i'm a 27 year old who went from streaming in his mom's basement to now streaming in his mom's attic. That's it so take this please, with a grain of salt, do your own dd, but with gamestop, i'm just going to be holding it till that i want to see how everyone reacts to the new nft marketplace. To me that represents a massive pivot in the overall business and i just want to see how the market reacts so and my thoughts are pretty much the same on loopering lrc.

I am just waiting waiting waiting, so uh gamestop, that's the next big catalyst, i'm looking for and in terms of amc uh. The next thing i'm really looking for is their earnings announcement, because, according to the previous earnings announcement based on the box office, getting to a certain total value, they thought that they could go ebitda positive and it looks we hit that value. So i want to see if amc did go positive on the quarter, which would obviously that's kind of a nice territory to be in for the company, especially a movie theater chain, bouncing back from the insanity of the past two years. All right, where are we at uh? Some people are talking about sofi sofi up, oh 1450.

That was the level i was paying attention to on sofi. Oh wait. Hang on hang on, hang on. Oh hang on uh.

Yes, what is sofi gon na do uh. So in pre-market ooh, i kind of like that, i kind of like that i kind of like sofia. Let me see, let's see, let's see, let's see actually i kind of want to throw the keltner on it. Um remember: i do not like going long if it's on the outside of the volatility band, that's statistically disadvantageous disadvantageous.

Okay, i do have. Ah, my spy and cue puts all went from notably positive yesterday, to with this morning push being a little bit negative, i'm watching so far like i said we're only five minutes in so i want to see how things shake out and that's why i'm keeping an Eye over on the spy here, if you see the spy go down, if you see this, the queues go down, might end up dragging things with it, but so far interesting interesting, interesting, interesting all right. What else do we have all right? Let me get to you. Some of these chats came in vortex data is insane for bbig.

The fight to keep options from running in the money is real. Why did this disappear? Uh check it? If you feel so, i was actually looking at the option chain and it is nuts for bbig. So, like the question now is: are: is it gon na force an overall hedge uh? So that's what i'm watching hang on. Let me throw up bbig, because that thing can move um honestly, any recapture and hold of five can like do some wild stuff.

Do some wild stuff all right? Let's see sofi actually kind of holding up, given the spy push downward right now, lucid how's dwack doing the whack kind of waking up. Let's quickly, check in on amc, throw up the three minute over here: amc, gme, uh, gme, 100. 000 is going to be thus far a low volume day. I just want to point out on amc.

The rsi is already in the bearish territory. Let's look for a reversion bounce, a reversion bounce but you're going to have to watch the russell as well. It's going to be tough for amc to have a noteworthy bounce. If the rush russell keeps going down, i was saying the ortex borrow is crazy to keep it out.

They are shorting heavily check or text or text or text or text. Let me reload on bbig uh. They have increased by 1.46. The shares on loan to kick off the day was 40.

wow, so the short interest um compared to yesterday already up by 3 today the short estimated short interest 28, with the cost to borrow being 325 utilization, essentially maxed out. Oh, let's see all right. I just want to see how things are going. What's the trend um, oh, it was like way higher.

Oh at one point we were cruising over 30.. Oh that's the exchange reported. Let's do the estimated what was the estimated prior to this 35, but look at this trend in bbig ever since december 24th, right around christmas eve, it's just slowly, but surely the shorts are just continuing to double down they're like nope. Okay, look at this nice rsi! Reversion bounce, solid, solid, solid, solid, solid, solid, you know typically chart wise.

I would actually like the setup on sofi right now. Okay, it popped up. It came down, it's bouncing off of the nine exponential moving average. This to me would be solid, but just given, what's going on in the overall market right now, i am.

I need to wait those first 20 or 30 minutes to do anything. I do like to set up i'm like okay, let's see if it can bounce off, of that your risk is reasonable, but watching the spy watching the russell the q's are trying to do something there. You just got ta wait. You got ta wait today.

I'd rather i'd rather miss a trade than do a stupid trade shorts doubling down on nvidia. Are they nvidia 250? I mean if it can't hold 250, i'm looking at the gap bill of 233 right here, the high from october 25th. This is a trendline breakdown. It's a support level breakdown.

Well, i guess it's at support right now. If this thing goes sub 250, this gap fill is a very real trading idea. 233. I don't know how long it will take, but given enough time, i do believe that this gap will get filled the high once again from october 25th, which would be 233.55 dwack, pushing bbig trying to bounce off of 4 amc trying to recapture 1850 uh gme hanging Out at 108., the spy pushed to 455..

We were talking about that level. We knew that was resistance. That was the exact resistance we called out in pre-market, let's see if it can actually recapture it or the breakdown. What was the breakdown level? Basically, a little bit of where it's at, i guess you could argue 453 and a half, but i care more about 451.

Let's mark that out: 451 451 451 roughly right there. So let's watch uh sofi the d-wack moving once again. Oh now, i'm interested now i'm interested all right still waiting, amc and jimmy both having a pretty nice push. As we are talking uh, the spy trying to collect itself looks like it's bouncing off of 453.80, so we will clearly be watching that level.

We had four separate tests of it, so some buyers were stepping up like to see that 453 80.. Someone said prague is moving prague, prague, prague, um, a dollar 38. So it's more choppy right now. It's up, one percent, which being green is obviously good, but not really a nice trend, thus far on the daily tesla back above a thousand as the spy in the queues are going all right.

We have a couple more minutes and then we're seeing the opening. So everything pushed came down, found a base and thus far going again but hang on we're all we're about to see a secondary test of pretty much everything dwack currently or sorry sophie up 6.6, the q's having a nice move, dwack up 5.85 percent. Now six percent uh so sophie and dwack looking solid apple's up. One percent uh semiconductors are getting hit red corsair hanging out at 31, microsoft, pushing hood bouncing, barely off of an all-time low, would an amc, squeeze trigger gme squeeze or jimmy trigger amc? Um! That's a good question.

I don't think there's necessarily like a rule like if this has to happen. The other has to happen, but i think the odds of that playing out are very, very good just because of the excitement that it would prompt all right. Someone is asking for prague short interest, prague, prague short interest is 10 10, gmes is 18 and amc's is 20. right.

Let's see if this is gon na hold. This is the real question everything pushed came down and we're at the second test of resistance. Let's see how this one actually plays out, i think right here, um you're, gon na see the tone for the day. What is the tone for the day possibly gon na be? Where are the buyers? Maybe we should throw up some volume volume volume volume.

All right, cues are pretty much doing the same thing, so we don't need to see that look at that beautiful return in amc and gme all right, amy shout out florida. Moon man shout out mark appreciate it. What else do we have all right? Shout out wall street viking? Let's see patience, patience, patience, okay, we are about those first 15 minutes like i said this is the point that i like to wait to get a better idea. You don't want to get spooked out in this push.

This push anything like that. A lot of whipsawing um today, i might give it a little bit more, especially right now it seems like everything is testing its morning high and i want, if it's a legitimate test or how that's all actually playing out reli shortage, just happy to give it to You relie uh, 23 23.6. This is actually coming down recently. I believe it was over 50.

how's reo. I been doing reli actually kind of wake it up right here, uh, a wedge structure, higher lows, roughly the same high. If arya, i like recaptures nine and starts pushing ten, that might be something to have for uh man. We were talking about getting this sofi right here.

Are things going to push? Are they going to push the question of the day? All right? Let's see, let's see, let's see, let's see so here is my current thought: paying attention to what's happening so pretty much. Everything got like a double push and right now we're at the peak now for me, what i'm paying attention to is. Are we going to put in a higher low, for example, is the spy going to stay? What's it going to stay above? Is it going to be above, like i want to know? Are we going to get this trend of higher highs and higher lows? Is it going to be megaphone of higher highs and lower lows, or are they going to run out of steam? Because look at this you have a very nice volume pop on the spy it sold off. It went low volume and then people stepped up an abnormal amount of people stepped up and we saw a push to push a push.

You see it right here in the volume more people were actively training and now you're, taking a natural breather once again, a natural breather, not every single red bar, is something nefarious. Let's see how this actually all ends up playing out. Let's see, let's see, let's see, are any uh frames being dropped or like how clear is the video for everyone matt? Did you get a chance to look at so 550? Etf is because it seems like the ftf weighs apes, with a 17 stake in both so 550.. I mean i i'd have to look it out.

Amy, that's a great question. I just don't know the composition so 550.. Let me write that down 50 etf. I want to see what's in it actually, while we're waiting for this ooh, the spy is doing its thing, showing a little bit of strength right there, showing a little bit of strength, huh, so fine, so five so far.

So far. So far. So far so far, what's tesla doing what are the whales doing today, uh a tesla put a psa put and an nem call are the three whale trades thus far of the day kind of interesting that we've only seen three makes me a little bit more hesitant About placing my trade right now makes me definitely a little bit more hesitant all right. Let's see, let's see, how's it really going to shape up all right, we're about 18 uh refresh and now clear, uh, oh okay.

So maybe, if you're having some like fuzziness issues, i i don't think i'm having any transfer issues the bit rate's over five uh, the frames per second solid. Thirty, the cpu is low. It's two are having like quality issues, just give it a quick refresh. What are we doing? Okay, so if you're wondering why i'm being a little hesitant you're like matt, this is green, it's pushing it is pushing, and i agree with you, but you know what i'm also seeing i'm seeing some of the lowest volume we've seen yet we're not seeing this being Accompanied with the same amount of buyers and sellers transacting at this level at this 450 550., it's a little sus, it's a little sus actually wait.

Do i have a something that would make sense a little questionable? No, i don't think those work. What sound does this make? I don't know how's this one press f to pay respects. Where is no, that one doesn't do anything? I guess the only one is the illuminati that really seems to work yeah, so that records the record scratch when it comes to the spy here, i'm just paying attention to this volume, just seeing just seeing amc though liking. What's going on amc trying to push 19 19? 19? 19..

Oh hang on one. Second, all right: cool, the internet, tech guy confirming oh there's a little bit of volume, hang on hang on hold your horses. Tesla got hit. Amc got hit.

Everything just tried to push there, and then we have a bit of a bearish volume candle. Is it a fluke or is it something more sofi cup handle risk 460.. It is holding nicely above 450. all right.

Let's look at a little bit of sofi. I do like it: trade sofi, jan 21. Don't want to mess with those hmm all right. Let's do all right.

I just got into sofi and let's, let's see how this one goes, create a closing order: 77 plus 885., all right, so here's the dealio. Actually, let me update, so i just went long on sofi. Let me just get this all down so far. We did a call sophie call strike 15.

74 and then, of course, the expiration jan 28th, all right all right, all right all right. Let me sophie call uh premium paid 74, all right all right, publish okay, so here's all the information on sofa. So if i call new position so if i call strike 15 expiration date january 28th, the premium that i paid was 74 cents uh three quarter sized position and looking for a 10 gain, i already put in the sell order. So if it hits that 10 percent game it's gon na lock it in um, i will let you know if it hits um like.

I said three uh 75 position size like your whatever your i guess unit is. I went three quarters a little bit. Chasey a little bit hesitant about the overall market. Hence why i'm also more than happy locking in a quick 10? Why not just build up a little bit more money if this does hit, which um i got in at 74, and i have a sitting order.

Oh, it just got filled okay, it's out one. I just got filled okay, 10. It was locked in that easy. Um update, uh sofia call update locked in ten percent gains.

Locked in 10 gains on all calls all right. So this is how i'm kind of running it whenever i do anything, i'm giving all it and like right here. So if i call update locked in 10 gains on all calls, so if you missed the stream or if i do a trade off stream, this is where it all is macquarie's locals. It's pinned to the top of chat.

If you have any interest in that, but um hey, that was super. Easy super super easy so just made. I don't know how much money did i made um someone said hi, i want 20. I mean you could scale out.

I mean the market, it is moving right now for sure um, so you could do like a couple here and there i'm just trying to. I suppose, like just give you more and more clarity of my exact thing. So i'm just trying to give the details of it like um. I think a big thing that people aren't really talking about is risk management.

So that's why i want to start putting in the sizing stuff. So, for example, when i talked about spy when i talked about cues a quarter size a fifth of a size, so if i was three quarters of size - and it was more so just i like what i was seeing - i like this continued strength. I liked a little bit of the volume pop and spy i like that bounce off a level, and i like the catalyst for so far and that's why i bought myself time. I bought myself january 28th.

So if it didn't happen today, if it didn't happen tomorrow, like i still have roughly a week and a half to lock that in um should i have probably sold five and then like. Let some runners go and then peel off another three and then have two like real runners, yeah, maybe, but also i just wanted to get a nice trade-in. I mean hey i'll, take 10 if you're, making 10 every single day like you're within like a couple months. You would have doubled your account multiple times like a 10 trade is like still a great great trade, and then i think some people uh it's kind of warped, almost of like expectations of like oh, you should only be going for 50.

100. 300 trades. If you're continually like continually hitting like, i guess what singles first base hits over and over and over again just wash rinse repeat: oh it's a thing of beauty, a thing of beauty. Speaking of a thing of beauty, amc having a nice push like, i said, we're at 1915 right now.

I very much care about the 20 level. Twenty dollar level um talk about dwack, what's dwack doing, uh dwack made lower highs, lower lows, let's see if it could turn around. I would be watching 81 see if it could push above that this is actually level we've been kind of watching on dwack. Previously of this, like 80 81, if it gets going, this might be queued up for a nice trade here.

Is it going to break the trend, though amc still pushing spy's still pushing so far taking a little breather? How does lucid look? Is it looking pretty good loose it up six point: six percent tesla 2.5 seems to be a little bit of a relief in the world of ev, pretty green today for sure lucid on the intraday chart, showing some strength and then also on the daily chart. It pushed it came down, made a higher low. I like that if it can push above 43 and some change uh, i'm a fan, i'm a fan, i'm a fan, i'm a fan, all right! D-Wack. Do you actually wack? What will you be doing today? Dwack um d-wack d-wag.

Is it gon na break out? Is there opportunity or or is it a silly move, um oops sorry qqq want to see how that's doing three minutes three minutes. Let's do the three minute amc taking a little bit of a breather, the spy. Now also taking a little bit of her breather, i'm watching dwack, i'm watching this trend line, i'm going to see what's happening. The cues are still pushing out of my own morbid curiosity.

Does that mean tesla's pushing, it does mean tesla's pushing, but it's also a little bit range bound with the volume coming off. Oh, i feel like tesla and myself have like a weird toxic relationship. I always want to come back to it, even though it treats me poorly all right, d, wack is on the move. Is it going to hold, though, what's the spy doing all right, let's see what we can do with the whack? Alright, alright right! Ah, let's get this one in the books, new position for me: oh uh: what is the strike expiration? Alright, alright, alright, what is my dwack risk? All right, i just published it on the locals.

How do i show this to you? Here's all the info. You need to know a dwack call, it's a new position for me. Uh call strike 90 expiration feb 4.. I paid 6.95.

My goal is to swing it for a couple days or 25 gain. I will burn another day trade. I have one final one. My risk is 70 uh, as in like the wax price like i'll cut at that point um, but i'm basically playing this intraday trendline breakout it pushed we got into a little bit of a downtrend.

It looks to be trying to get out. Of course it could get smacked there, i don't know but intraday. I guess i could risk 80, but i don't really want to burn a day trade on that, because i know what the daily chart looks like. So really, if this is a multi-day swing, i'm happy risking the 70 mark on d-wack amc is cruising cruising cruising cruising uh watching that 30 level is gme.

Gme is also cruising all right, so some buyers stepping into what's considered to be higher risk asset classes, how's, crypto, dude, whoa, whoa, whoa, whoa, all right, the crypto stream is going to be fun today. The crypto stream is going to be a blast. Look at all this look wow, look at that explosion in everything all right, i'm a fan - i am a fan sign me up. Sign me up.

Sign me up. Sign me up, if you haven't already speaking of all of this, where in the world am i okay here, um? If you are all interested in crypto, i went through the effort to segment it. So i know some people don't want to hear about crypto. I know other people do and it was prompting confusion.

So all the krypto stuff is going right here on crypto cores. Let me put that um. If you're on youtube there, you go. Whoa mark mark, mark, mark, hey matt.

I found so many money opportunities through you and your chat, both stocks and crypto. Now i'm heavily invested in jc token j-a-c-y. It would be extremely grateful if you checked out the website white paper on chart been with you a long time. Keep it up all right.

I'll write that down happy to j-a-c-y, oh we'll see, what's going on there, uh shout out mark very, very kind of you, um speaking of crypto.