Stocks Plummet: Where Will The Market Bounce?
Dumb Money w/ Matt Kohrs
Public Stock Investing Sponsor:
🚀🚀🚀 FREE Stock, No PFOF, NO Market Makers: https://bit.ly/PublicKohrs
Track My Trades & Share Yours:
https://mattkohrs.locals.com/
True Trading Group Education Partner
TTG $3 Trial: https://ttgshort.com/ttg3-moon
Track WallStreetBets w/ Tendies
Retail Sentiment Sponsor: https://bit.ly/TendiesApp
FTX Crypto Investing Sponsor:
💰 Save 5% on all trading fees (FTX.US Pro): https://bit.ly/FTXMoonGang
💰 Get a FREE coin when you trade $10+ (FTX Blockfolio Code: KryptoKohrs): https://bit.ly/BlockfolioMoonGang
🦆🦆🦆 Crypto Channel: http://www.cryptokohrs.com
🦆🦆🦆 New Rumble Channel: https://rumble.com/c/MattKohrs
🦆🦆🦆 New YT Channel: https://www.youtube.com/c/MattKohrsClips
💎🙌🚀 Emoji Charting: http://bit.ly/TradingViewChartingSoftware
💎🙌🚀 Moon Gang Merch: https://moongangmerch.com/
💎🙌🚀 Options Picker: http://bit.ly/Tiblio
Socials:
🚀 YouTube Channel: http://bit.ly/MattKohrs
🦆 Twitter: https://twitter.com/matt_kohrs
🖥 Twitch: https://www.twitch.tv/matt_kohrs
📷 Insta: https://www.instagram.com/matt_kohrs/
Video As A Podcast:
🎧 Apple: https://podcasts.apple.com/us/podcast/moon-money/id1550699494
🎧 Spotify: https://open.spotify.com/show/6kdJCHY0VMqLzIxwCHU59A
#Stocks #DumbMoney #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
Dumb Money w/ Matt Kohrs
Public Stock Investing Sponsor:
🚀🚀🚀 FREE Stock, No PFOF, NO Market Makers: https://bit.ly/PublicKohrs
Track My Trades & Share Yours:
https://mattkohrs.locals.com/
True Trading Group Education Partner
TTG $3 Trial: https://ttgshort.com/ttg3-moon
Track WallStreetBets w/ Tendies
Retail Sentiment Sponsor: https://bit.ly/TendiesApp
FTX Crypto Investing Sponsor:
💰 Save 5% on all trading fees (FTX.US Pro): https://bit.ly/FTXMoonGang
💰 Get a FREE coin when you trade $10+ (FTX Blockfolio Code: KryptoKohrs): https://bit.ly/BlockfolioMoonGang
🦆🦆🦆 Crypto Channel: http://www.cryptokohrs.com
🦆🦆🦆 New Rumble Channel: https://rumble.com/c/MattKohrs
🦆🦆🦆 New YT Channel: https://www.youtube.com/c/MattKohrsClips
💎🙌🚀 Emoji Charting: http://bit.ly/TradingViewChartingSoftware
💎🙌🚀 Moon Gang Merch: https://moongangmerch.com/
💎🙌🚀 Options Picker: http://bit.ly/Tiblio
Socials:
🚀 YouTube Channel: http://bit.ly/MattKohrs
🦆 Twitter: https://twitter.com/matt_kohrs
🖥 Twitch: https://www.twitch.tv/matt_kohrs
📷 Insta: https://www.instagram.com/matt_kohrs/
Video As A Podcast:
🎧 Apple: https://podcasts.apple.com/us/podcast/moon-money/id1550699494
🎧 Spotify: https://open.spotify.com/show/6kdJCHY0VMqLzIxwCHU59A
#Stocks #DumbMoney #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
Uh, so so bye, you guys so hello, hello. We are here to talk about what in the world is going on in the old stock market, very, very happy to be back. I myself had a little bit of an extended weekend. I hope you were afforded the opportunity to unplug relax kind of unwind and ready to hit this week of training as well, but remember this week is actually shortened week friday.
It will be good friday and observation of well technically good friday, but really easter. So it's a bit of a short week, we'll be talking about that a bit more. But before we get into the details of everything going on there that we do have quite a bit to talk about a lot going on in the market. We're going to be talking about the overall market what's going on with cpi, what in the world is going on with oil right now? What's going on with the fed, we have a lot from the macroeconomic backdrop standpoint we got to get into all of that.
Then we have some important earnings coming up, particularly on wednesday and thursday, more so thursday. So i'll remind you about all of those, then we have to talk about shopify. Then we have to talk about our boy, elon and twitter. Then we have a little bit more of an extra thing at the end, but um lmnop very very excited about that when we're riding that one obviously to the moon, if you are not fully tilted in that one, i don't know what you're talking about.
Are you really a degenerate gambler if you're not just a little bit of food for thought? So, with all of that being said, let me just get this set up uh and before we get rocking for the day, this stream is sponsored with our friendly friendly neighborhood partner over there at public public is a great great trading brokerage. If you're in the u.s. There's no options: it's just for stock there's, no payment for order flow, no market makers. When you're engaging in this, you can actually like trust in.
What's going on with your trades, this is way way way better than robinhood weeble, where they're selling your order flow to citadel to virtue on public you're in much much better hands of people who actually care about representing, in my own opinion, the retail trading public properly. So if you want to check it out, it is pin to the top of chat and also, if you sign up and get rocking with your account you'll get up to 70 of free stock uh. So it's free to sign up you'll, get free stock and it's a great brokerage, definitely worthwhile to check out and a little bit of a bonus. There is, if you do it, you can actually see what some of other people are in.
So, for example, if you find my account like matt coors and by the way you could put in the code, mat or use the link, but uh you could find me see the stock. I mean you could see your friends see what they're in so it has a little bit more of a social media aspect which i think is cool just to see what some other people are in or aren't in, but once again shout out to public. So what in the world is going on today? Well, things are red, dao s, p, nasdaq oil, but yields are going up and actually, when you see something like this, so we're seeing that three of the major indices uh at least in the futures market are currently down. We see yields are spiking, which is generally not a good idea or a good, really combination oil coming down 94, and that relates a little bit to what's going on in china right now with a renewed lockdown. So we'll be talking about that. So, let's get going so from the highest level view to kick off not only the day but also the trading week. Second, full trading week of april stocks bonds fall on economic, political concerns. So a lot of the concerns now a lot of little things.
Obviously, there's still stuff going on in ukraine and we can talk about russia and their bond payments and their continued invasion and their continued hostility. Uh. With that i mean we just got the report for last month that global food prices are now up 13, so, like month over month, that's going up tomorrow, we're gon na get the consumer price index for last month. Remember cpi! That's a very, very important data! Point inflationary gauge that the fed will most likely be using in the early may, i believe it's may 4th is when they start their next meeting early early may that's when we're most likely going to get the next fed rate hike so pay attention to the cpi.
Coming out tomorrow, the estimation is 7.9. That's what we're currently at so they're, not thinking it's going to go up or down staying at 7.9. So that's currently the line in the sand. Once again we get that tomorrow, uh and then we have some important banks.
Reporting we'll be talking about that it'll be a very, very it'll, be a shortened week, but even in that we're going to have the volatility of a couple weeks of trading. I think there's going to be some crazy, interesting things to pay attention to and i'm expecting clear volatility in the markets. Stocks and bonds fell monday. As political and economic risks weighed on sentiment, a gauge of the dollar was little change and the euro rose.
So the dollar is definitely holding strong and unfortunately, that is relating to this uh we're seeing quite a bit of a sell-off in crypto right now, uh bitcoin was holding at 46 000 down to 41. solana from 140 down to 100 avalanche, or you could see that The crypto market is definitely getting beat up and it's um, i wouldn't say it's the most correlated with it, but there is a level of correlation. That's noteworthy, of the dollar continuing to go up kind of moving inversely. So i just wanted to share this quote from uh.
The president of some market research form ed today. The mantra for many investors is don't fight the fed when it's fighting inflation. We agree with that, but it's not as bearish as it sounds in part because accumulated excess liquidity and inflation boost to earnings are props for stocks. So what this is saying is - and we've covered this at nauseum. The fed is attempting to fight inflation. Like i said, we're looking at 7.9 percent, most likely being under reported so most likely it's even higher in an effort to fight inflation, what they have to do. The side effects of that is not as good for the stock market because it makes money more expensive which can hamper business growth. Obviously they need money and liquidity to keep growing and growing and growing and just continue out their normal business operations.
But if money is more difficult to come by, which needs to happen to fight inflation, that's not as good for the stock market. So when people are saying don't fight the fed, it's basically saying if the fed is dovish great, like green light, all systems go full steam ahead, but if the fed is hawkish which they are now currently turning from dovish to hawkish of maybe don't fight them wait For them to be done with what they need to do, especially if you're more of a medium to long-term investor kind of wait for them to conclude, buy some of the weakness and then wait for the new dovish cycle. To start after the hawkish cycle. Similar to when i'm always looking at these markets and i'm saying hey it's a natural ebb and flow, you have periods of consolidation and then expansion, and it's just we ebb and flow, it's a pendulum from one side to the other.
This is all it is. It's like right now: we've been absurdly dovish, which is the side effect of that is the stock market rips and rips and rips. Well, now the pendulum's going the other way and it's going to get into that and will we won't? We have a recession. Well, it depends on who you're going to talk to a lot of these people are going to say, definitely not because they don't want to spook the market anyway, especially with their.
It's not really, not insider knowledge, but their position. I would argue so i don't know if i would trust in them to tell us the truth about if we're heading to a recession anyway. I just wouldn't because it wouldn't be good for everything in the short term if they were like straight up honest with us, which is like in itself obviously problematic, but overall, whatever happens it just ebbs and flows, we go from a bull market to a bear market. We go from dovish, we go to hawk, it's like everything, just bounces back and forth, back and forth.
This is the pendulum that is the stock market, a lot of it right now. The eyes are: what's going on with treasuries and if you're looking at any treasuries right now, the 2, the 5, the 10, the 20, the 30 they're all ripping higher and higher and higher. Why is that? Well, it's because everyone's expecting all basically world central banks to continue to raise interest rates. This isn't just going down in the u.s.
It's also going down in europe, which is just like another major central bank that people should be paying attention to, but anyway treasuries. If you look at the deals higher and higher and higher, why? Because the fed is raising interest rates and there's a very, very good shot that we're going to get a 0.5 interest rate increase in early may. The most recent one was a 0.25, so they're, almost looking at doubling up, which would bring us 2.75 in total, so just below 1 um. So those are the numbers that people are paying attention to and between now and the i guess like the holiday this weekend with good friday and easter, i think eight different fed me. Members are expected to have speeches in one forum or another uh, so we're gon na be throughout this whole week. We have a four-day training week. If you do that. Quick math, eight divided by four on average, we're gon na have two different, like fed talks a day to be paying attention to uh.
That definitely will have the ability to push the market in one direction or the other. I think, if you're asking me from my own opinion, which hey thanks, that's very kind of you, i think what's gon na happen - is they're gon na overstate their hawkishness and then, when we actually get it they're gon na be like well, it's priced in and the Actual result won't be as hawkish, so then um, i think, it'll the market will be settled by the result of their meeting in early may. So i think they're gon na come out strong and really try to flex their hawkish muscles, their hawkish wings and like be like hey public, we're doing because, like they're at the point of so many people are referring to what they did as policy air and there's A lot of people that are saying should we even trust the fed anymore, like that type of a thing, so i think they're in kind of panic mode themselves, of attempting to restore credibility. Um i mean if you talk to them, they're going to say well, we didn't have credibility in the 80s, but we do now.
So it's a different game. I'm like well dude you're, asking yourself like you think you have credibility, but it's a different thing. If the average person who's paying attention to monetary policy actually thinks you have credibility and there's some fair arguments that they've like seriously fumbled some like important opportunities over the past two years of getting us in more of a safe market macroeconomic environment. I think that's a very fair thing for them to like look at themselves and say: did we mess this up opposed to gaslighting the public and saying it was transitory? We told you and we have no idea why you're mad right now that it's not transitory, because i make up the definition of transitory.
It's like dude, chill out you got it wrong. Like just admit you got it wrong. We would respect you more for that than trying to like actually gaslight the entire u.s public anyway, treasury slump, ignite global sell-off as rate hikes gain focus. U.S treasury yields advanced to a three-year high, kicked off a global jump in borrowing costs, as traders refocus on intensifying bets and rate hikes for major central banks, and once again you can check this out. This is on bloomberg, but across the world, yields are just going higher and higher and higher. One thing that is no longer going higher relates to black gold oil selling off from 130 all the way down to 94. we're in this wedge. It's at support, if it breaks here, i would then be watching 88, but why is oil coming down so much well a little bit because the iea, the international energy association or agency, whatever it is, is playing a little bit more ball, trying to say: okay, like What can we do to get more oil into the world to increase supply, but on top of it, there are concerns about demand from china.
Shanghai's chaotic, covid lockdowns put other chinese cities on edge. So with these new lockdowns people are saying: okay, is there going to be that much demand, so what's the iea doing when it can to increase supply and then from some unfortunate global events, really putting a question mark around the current level of demand, so supply up Demand down that means, price will fall and that's why we're seeing seeing oil come down over the past like week or two so just wanted to share that of what's going on in china, but on another important global thing, russia says it will pad its reserves with 3.2 billion of oil and gas proceeds to counter sanctions, as the country faces its first default. In over a century, the kremlin announced plans to pad its reserves, with 3.2 billion, that's billion. With a b from russia's oil and gas sales, the funds will be used to stabilize the russian economy against sanctions.
The world bank expects russia's economy to shrink 11 this year because of the ukrainian war, or, i don't know like, i think they should just like straight up - call it like putin's invasion of a sovereign, independent nation. Anyway, that's just my opinion, um a couple other important things from this. I alluded to it a little bit before, but yes, over the past month, global food has gone up uh the price of 13. This has very very interesting implications that you need to pay attention to not only just for being a person who lives on this planet, but also especially, if you're paying attention to the market.
The current debacle, uh remember russia, is a massive massive exporter of fertilizer. The world needs fertilizer, particularly brazil, who grows soy and a lot of people, particularly china, imports that soy, so now fertilizer going down down down when demand is staying the same or if not increasing, but supply is getting hit. On top of that, don't forget that ukraine is a big exporter of wheat and the current expectations is that ukrainian wheat exports will drop from anywhere to 30 to 55. So, on the food side of things like on the global food side of things, there's a lot of serious serious question marks that have some pretty bad undertones. If you start playing it out of how this could go, if things don't shape up very very quickly and then there's other people saying it doesn't matter, it's a little bit too late just because of the natural food cycle of needing to grow. This takes time. This isn't something that you just fix: digitally like overnight um, so i just wanted to bring that up, because obviously you need to pay attention to it from just a person who i assume you enjoy eating food, but on top of it pay attention to. What's going on in wheat, related companies and stocks same with fertilizer same with meat, the whole anything related to food, good chance, it's going to have elevated prices, so something definitely worthwhile to pay attention to.
We are about to kick off another round of earnings seasons and this one uh check out. What's going on on thursday, lots of banks, wells, fargo, goldman city, morgan stanley, ally, and then we also have blackrock the day before uh jp morgan, the day before delta. If you want to pay attention to some of the airliners, this will most likely cause a sympathy reaction in southwest jetblue that type of stuff bed bath and beyond could be interesting just because this is the first now go around with ryan cohen, so uh worthwhile to Pay attention to that um so just want to call that out we're about to get underway with a new round of earning seasons and, as you can see, a lot of financial plays plus a little bit of meme related ones straight up, like ryan cohen uh. Coming out as well once again, wednesday and thursday, so nothing too much to pay attention to to kick this week off and also on that note, i do want to remind you and i'll remind you again.
The market is closed on friday, 2022 friday april 15th. In observation of good friday, this is a stock market holiday, so it is a four day trading week. Make sure you understand that, especially if you're playing options, because you most likely have one day less than you thought you had so i just want to bring that up to everyone. Another little update, just because we've been seeing more and more of these stock split things.
Shopify announces a 10 for one stock split, so this was just coming out and i think it's going to be worthwhile to watch shopify throughout the day. Typically, this is met by a bullish reaction uh, but it might get completely muted if the overall market is not having the best day and right now in pre-market. It is a bit red, so we could pay attention to shopify, but once again, a 10 for one stock split and remember if you're using nvidia google tesla apple any of those who have done a stock split within the past two years. Most of them have had a bullish reaction from the moment of the announcement until the actual split. Usually you see a bullish reaction, so i'm just calling that out a little bit of a tech merchant digital payment play there, but another stock. We really really need to talk about man, oh man, what is our boy elon up to now? He he's just being elon uh. So this is the big headline of the day. Twitter falls.
Five percent after elon musk turns down its offer to join the board. So remember last week he was making big headlines of everyone found out. He owned 9.2 percent of the company at first and then the sec most likely got pissed off about this. He was saying i'm just a passive investor and then he actually had to refile and say no, i'm actually an activist investor, and then it was announced from the ceo that he was going to actually join the board.
So people are like whoa. Okay, like he's gon na, really get rocking with twitter here, but over the past couple days we've been seeing some hard hard. I guess u-turns here so right here, elon just being elon messing around with everyone twitter's next board meeting is gon na be lit, and obviously people thought that was hilarious. But then it took a little bit more of a combative turn here.
Most of these top accounts, tweet rarely and post very little content is twitter dying. Now he posted this over the weekend when he was thinking that he might be a board member, and on top of that he was talking about turning twitter headquarters into a homeless shelter, because no one shows up to work anyway, then he was talking about anyone who Is like a paid twitter user to verify all of them kind of making fun of the verification system, and it just very quickly became interesting. The tune was changing, and then he followed up with this truth is the first casualty so he's just talking about how really? Let's use this purple one, the inside one of us, adult citizens and trust no one's above 50 and the one that's at 50 ish percent a little bit above it is the weather channel. Do you know how sane that is that out of all of our news sources, the most trusted one is the weather channel and at that point only 60 percent of democrats trust it and only 50 percent of republicans trust it we're talking about the weather channel two Out of three democrats are like okay.
That might be right, but then there's like that one out of three in the group who's. Like i don't know, i think it might be a bit more human than we're really being let on here and then one out of two republicans, one republican's like okay yeah. It might be a nice sunny day and then the other republicans like that is a lie. No way is it going to be a nice sunny day.
Does this have much to do with twitter in a roundabout way, just because no one trusts news anymore, but the fact that the weather channel can't even pull any like honesty, truth numbers, that's insane. That is absolutely insane in a way. It's kind of nice, though, to show that equally, some democrats and some republicans are on the same side of not trusting the weather channel. They're, like i don't agree with you politically, but the one thing we can agree on is that that weather channel is oh anyway. So elon had himself quite a bit of a weekend and then it turned into this. So this perag right here he is the current ceo of twitter. He took over after jack dorsey, and this just came out. Elon has decided not to join our board.
I sent a brief note. Excuse me, my apologies. I sent a brief note to the company sharing with you all here and he was basically saying hey, i think it's best, even though last week they were super excited to have him now he's saying i think it's best and he said pay attention to all the Distractions, you could check this out. It's on twitter, but what's actually going on here, what's actually happening, what is eli elon doing? I think this is one of two things i think number one, which is the less likely avenue opportunity for elon is that this is just an ultimate troll and he's done with the troll and he's ready to move on to the next thing.
That is a thing. Maybe he's like i'm not i'm running 18 other companies. I don't need to be on with twitter. I've proven my point, i'm the ultimate troll hahaha.
I made some money in doing so time to leave. That is a potential thing. I'll be honest, but i think it's the out of the two scenarios. I think it's the less likely one.
I think the more likely one relates to this. Let me zoom in just so. You can see a bit more, so this was uh. It came out on april 4th 2022 for so long as mr musk is serving on the board and for 90 days thereafter.
Mr musk will not either alone or, as a member of a group, become the beneficial owner of more than 14.9 of the company's common stock. Outstanding at such time, so, basically, if musk is on the board for his entire duration of being on the board and for three months after he cannot exceed 14.9 ownership of twitter. So in this latter potential scenario, which i think is more likely it might be elon's trying to not cap himself at 15, he might be saying i want to buy more now. Why would elon say he wants to buy more well a hostile takeover? If elon wants to complete successfully complete a hostile takeover of twitter, he would need more than 14.9 percent and obviously being a board member capsum.
So he might be like. I don't want to do that because i'm going for bigger i'm going for better, i'm going for the whole thing now for a lot of you, you might be like whoa whoa, whoa whoa. What do you mean a hostile takeover? Could he do it honestly? He could do it with ease, don't forget, elon musk, currently worth 274 billion dollars, with most likely every bank on this planet willing to give him whatever line of credit he possibly wants, but he is worth 275 billion dollars now, if you take a quick look at Twitter, which remember he already owns, let's call it ten percent uh twitter is currently trading at 37 billion, so in totality he could buy all of twitter at this current price at really, as of friday's close with about 12 to 13 of his net worth. But remember it's actually less because he already owns 10 of it and he already made probably a billion off of that. So it's really even less, but even if it wasn't for him to just straight up i'd be like i want that company he could do it with relative ease. So for me, in terms of our two scenarios of, is he over his troll joke on twitter? Maybe possibly maybe he just doesn't want to do board meeting stuff and he's just done with it or, like i said, maybe he has his sights set on something bigger. He doesn't want to cap himself at 14.9, which is a rule for board members, at least at twitter, and maybe, if he's going bigger, he needs the the free reign to be able to do that. And we might be looking at a true hostile takeover of twitter, which man, oh man.
I hope it happens because think about the content that we would be getting so i just want to give you an update on twitter. I mean obviously we're going to be watching shopify and twitter throughout the day. Just because twitter has news. Shopify has news we'll be checking out the overall market, which right now is looking a little bit weak and just so, you know in terms of the overall market.
Uh there is going to be an opportunity for an upside gap fill to 446 because it looks like we are opening at 444. So it looks like about a dollar 75 potential of an upside gap fill if we open at this exact level and i'm looking at the low from friday, which is 445.94, so an upside gap fill in just so. You know we have support at 441 for the overall market, speaking of the overall market - short interest 17.3 for the tech, heavy nasdaq 13 and then for the small cap sector. 35.
Don't forget in terms of the overall market. Once again, the market is closed on friday. That will be very, very important to you, especially if you are an options trader, so pay attention to what is going on there. Let me get out of all of this for you folks, all right, we are getting good i'll, remind you again, just as people are pouring in that the market for this year, and then just so, you know the next market break is actually going to be monday.
May 30th, in terms very quickly of amc and jimmy amc, still coasting not much really changing uh the shares on loan utilization cost to borrow and estimated short interest of just under 21. We haven't been seeing much of a change there in terms of gme we're actually seeing a slight increase in insured interest. 21.55 percent cost borrow 8.5 utilization 100 shares on loan 20.. Those are your numbers for amc and gme, but i lit i'll show you them very.
Very quickly for them to do well, i think they would have a very noteworthy uphill battle if the overall market, particularly the small cap sector iwm, if this is getting hit, i think amc and then by correlation gme, would be having a difficult time. So if we start to see these things rip, i think it'll make it easier for amc or jimmy to do something like that. Now i very quickly want to say something um, i got an endless amount. An endless amount of questions about buying amc puts i'll keep this very simple. Buying amc puts if you do it right, is it a great hedge? Can you make money on the way down? Can you balance out your stock ownership on the way down? If you do it, yes, that's what options are for options are really meant. It's a really a derivative product for hedging. That's obvious! If you want to do it, it's you, it's your money, but don't think that buying puts somehow helps the stock go higher. That is erroneous.
That is wrong. That is a misunderstanding of what happens. Remember. Options are a derivative product as in the equity itself, and what's going on with the equity decides options.
It's not the other way around. It's not like the equity price is based on options. Options are based on. What's going on with the equity, it's one way from equities down to options and then, of course, you can have gamma ramps to the upside gamma ramps to the downside.
So inherently that's more people buying or selling socks, so they're like that, can get into an interesting scenario, but this concept of buying puts to push a stock upward is wrong. I don't know how to make this more like. I don't want to beat around the bush. I'm trying like, if you think, buying, puts pushes a stock upward.
That's not what puts do at all. There's no buying pressure that is created from buying puts if you want to engage in, puts because you think it's a necessary hedge have at it. I'm not your mom, i'm not a financial advisor. It's your money! Do what you want with your money, but there's a big big confusion that somehow now buying puts is beneficial to a stock.
It's not beneficial to a stock. If anything, it gamma rams down and it could hurt a stock. It might be beneficial to your p. L if you play it right, but that could also be two different things um.
I don't like, if there's more questions, i'm happy to answer it, but it's like crazy that a year and a half in people are still like now confused about even what puts our for like at a certain point. It almost makes me feel bad because of the amount of times that we've talked about calls and puts and what they are and what they are and are like. 18 months later, i, like very, like i feel bad i feel like i haven't - articulated it enough of what calls are for and what puts are for the fact that people are now believing that puts can somehow push a stock upward. It i'm very, very, very confused about that entire thing all right, so let me switch this back and the market's about to go diggity, ding, ding ding, all right. Let me get this up, so we have shop. We have twitter oil coming down. Remember treasury's, going up! Uh, i think it's going to be an interesting opening to say the least. Let's get going, let's get going, how many seconds oh 30 seconds, i thought we were gon na go um lmnop to the moon, lmnop to the moon, ding ding ding! The casino is open.
Remember this opening bell is brought to you by public if you want really well free stock up to 70 of free stock, when you sign up with an account and get rocking with them, uh no payment for order flow, no market makers, it's actually a brokerage. You can trust in far more than these other ones. So, if that's something that interests you it's pin to the top of chat, it's the first link in the description of the video um, there's no options trading, which i actually think is a good thing, because i think people are burning too much money on premium training Right now, so it's if you're an options trader. This won't be an ideal brokerage for you.
I just want to remind you of that, but for stock trading, that's the one i use um and on top of it, has a little bit more of a social media aspect, so you can see what people are or aren't invested in um. So i think, especially for people who maybe want to see what some of your, i guess, like your friends, are in what there's some big name, people on it, like some actual big big name, people on public. So i like to like just i don't know sleuth about and see what those people are trading in, and it's always interesting, uh so check it out. It's pinned to the topic: it's in the description, the video but sign up for public and get yourself some free stock and be on a brokerage that you can actually trust uh.
What else do we have our ater ater having a good morning? Er wait! No, why are people? I saw a lot of people talking about ater, but it's down seven percent. I thought it was up. Seven percent um, we know llm nop is like absolutely destroying it. No sense in checking out that one, probably a couple hundred percent gain.
What else is going amc down, 1.8 trading below 18 gme training at 141 bed bath and beyond 1880. there's quite a bit of red today, uh mullen is in the green mullen's up, there's not, unfortunately, elemental p to the moon, uh what's up with neo. So, first of all the market's red today, but then you're gon na have uh chinese-based companies that are getting beat up even more because of the lockdowns. There are some very, very serious, continued lockdowns going down in china right now, particularly in shanghai, but there are other neighboring cities that it looks like it might be like occurring there as well or about to occur there.
So i would uh like if things are red. I think these chinese-based companies, like even xpev, like all these, are gon na, be getting really beat up down. Eight percent uh li down six percent, the whole sector, chinese-based um, that type of exposure will be abnormally red today, yeah we're seeing crypto, i mean it's a red day. Folks, i mean you're, seeing crypto get beat up. Crypto looks like it's like plummeting to 40 000 right now: the spy. What was the gap bill up to 446 um? So we were about a dollar shy, a little bit over a dollar shy from that uh twitter. It's continuing its path, we're down 2.5 percent. All right so as we're waiting for this to continue to open, remember, especially in heightened volatility environments like this, i do not like to make trades in those first 10, 20 30 minutes, there's just too much whipsaw, there's too much down and up and down and up You're not it's hard to see what the established trend is.
You might get it right, but you're just taking on more risk by like kind of jumping the gun there um. But let's see what else is going down in the world of market news. Uh twitter's tko of elon musk to the board sunday night announcement twitter that turned down. Sorry, not sorry.
The fact announcement came out and not musk is primary evidence that musk came up against the force that he could not bulldoze the language. Underground's announcement made it clear that musk was the wrong man for the director's job uh. I don't that's, not my takeaway, i think he's going with a hostile takeover analyzing. The game stops corporations short interest.
All right looks like it's just going up and up and up oil. We know oil is coming down. What else do we have this week on wednesday? We're gon na have delta is reporting, so if you're tracking, the airline industry honestly, i think at this point there might be a bullish argument for airlines. All right just hear me out, because i know before i've been talking smack on them.
But now things are changing. Well, why all right, first of all, we're getting into the summer months, it's the first summer in two years that we've had a summer where i think we're going to get back to normal travel numbers, maybe not exactly 100, but i think traveling travel summer travel is Going to boom this summer compared to the last couple years, my biggest concern of why i wasn't that bullish on various airline industries is because of how much oil was up. But now oil is calming down and if it keeps going down that means that inherently their revenue - and i say their revenue - the whole airline industry - maybe not taking that big of a hit. So i am going to be closely paying attention.
Wait. Where is united? What is united's ticker? I forget it, someone, let me know: united's ticker um, i'm gon na be paying attention to delta and delta's on wednesday and then from there. I think we'll get a better idea of some of the other major players ual. Thank you.
Thank you. Thank you. I don't know why it wasn't coming up um, but these all look the same united delta southwest um they're, all just like the big players. I don't like american. I would never invest in american just because it has the worst debt situation in terms of when you look at airlines, it's common to break it up in terms of big airlines and smaller airlines, so the bigger airlines would be southwest united delta and american out of Those four i like southwest the most, i would say that united and delta are good and they're, basically tied in my mind, and then american is the worst um. Not only do i hate using their service and they're cancelling flights, so yes, i have like a petty vengeful thing against them, but on top of it they very much do have the worst debt situation and then the other one is on, like smaller, medium to smaller Size airlines, i really like jetblue, i really like alaskan now, it's kind of getting interesting of, what's going on with like frontier and spirit like who is going to be partnering up with who that type of a thing um but jetblue's, a solid one, and if you're Looking for some of the smaller airlines, um alaskan, maybe something worthwhile to pay attention to, but uh i'm gon na kind of use the delta announcement on wednesday to feel out how i am about, i guess airlines for the summer quarter. Someone just said that amc went green, oh sweet, hell, yeah, nice, all right. Next resistance is at 19.
twitter, making a comeback shopify holding at 600 600.. All right, let's see if gme can follow all right. We don't really need shopify because that one's not moving right. Now uh would love for jimmy to follow.
Remember so we are now a dollar away on the spy for that gap, phil up to the 446. matt. Would it push the amc squeeze if amc was to perform a small stock offering with a price of a thousand a share? Buyers would also receive per cards for free movies or for five years or something a stock offering uh. I'm inherently like.
I don't want them to dilute the stock anymore. I think a lot of people have to do like extreme gymnastics of just trying to like be like arbitrarily supportive of adam aaron, no matter what he does, and i don't really like that. I think he's done good things that have really helped out the apes, and i think, he's done bad things that have not really been in the have not had the best effect in terms of like increasing the likelihood of a squeeze um. For example.
If you continue to dilute the stock you're increasing supply, when you increase supply price goes down um, it depends on how you look at it like you have to ask yourself - and this is a good question, ask yourself: are you in amc for the long haul, as An investment or are you in amc for a squeeze, because sometimes they are in alignment with each other of taking the steps, but sometimes there are nuanced differences that are good for one and particularly not good for the other. Yes, there are scenarios where, overall, if amc performs better, if more people go to the movie theater, that's an example of something that is good for both it's good for the long term of amc and it's good for the short term people. Looking for an amc squeeze. That's good for both, but then there's other things such as share dilution and stock offerings. That might be good for aimc in the long run, but it is not good, not good for the chances of a squeeze because you're just eluding the stock. You have more supply. Um so you have like, and that's for every person that's up to you like. I can't tell you what you should be in it for, but i i am personally not a fan of additional dilution.
That's my opinion. Some of you are going to agree with me. Some of you won't agree with me. I do not want another dilution, because it's already been diluted like an immense amount, a crazy amount.
They basically raised two billion dollars worth of like buy diluting sorry, i meant an offering of maybe 10 000 shares priced at 1k. A piece in theory: if no one else sold that day, would it push it to a thousand a share uh? I don't think why would anyone buy it at 1k like who, in their who would buy that like there would just be like such a quick arbitrage opportunity like to me? No one would buy a share of amc for a thousand when it's currently trading at 18.. You just lost out on 980 dollars. Well, well, look who decided to work today.
How does your real girlfriend feel about your tinder profile? My sis saw your account my name's matt semi, amateur youtuber. I like ducks dogs and stocks robbie's. My bff piston is my first face. Raffi, oh robbie, i miss you.
I miss you over the weekend. All right amc having a good morning, twitter, bouncing back twitter's, now green gme, red, but it's red by two percent, so it's down by two dollars and eighty cents. So around 145 146 we could get rock in there. Let's check out what some of the whales are doing this morning, uh out of the gate, we're seeing some activity, some a spy, put a spy puss by call a couple more oh, some uh looks like tech.
Is getting hit for 11 and 18 days out whoa? You just saw in real time a wall of small cap puts coming in they're continuing to come in. Someone is just peppering peppering, hundreds of thousands of dollars against iwm for 39 days out. We are talking about uh april may, may 20th expiration and they just kept peppering. Look at how much money like you saw the wall more another wall.
Someone is destroying small cap um and i once again to bring this back to what we were talking about. Is this somehow a bullish bet it is not buying iwm puts, does not push iwm up and it it's the same for equities. It's the same for etfs, do not have um a misunderstanding of what this derivatives product is for, buying puts does not add buying pressure to the stock, if anything is going to add selling pressure to the stock if it were to impact the stock which, depending on How much it does or it doesn't move you might see a gamma ramp, but anyway, all those iwm puts that came through. It was a bearish bet, a bearish bet. It did not help push the stock up and they threw some actually some serious money against it. 567. 567. 597.
One mill one mill: that's some serious money, wow uh, but once again that's not something betting on it predict today. It's also not betting on it. For this week, it's 39 days out uh, we are talking about the may 20th, i believe was the expiration may 20th 39 days out. The ltr call so you're seeing a wall of puts coming in there hyg.
This is a bond play pending against bonds. Oh cause yield's going up. That makes a little bit of sense. What else do we have going on? If, for those of you who are a little late to joining? Yes, you were tardy to class today, but that's okay, i'm in a good mood.
If you want to quickly screenshot this or just go to this account on twitter earnings, whispers um, this is something that it's good to see these earnings see what's going on, but once again, uh thursday is kind of the big day with a bunch of banks. But sometime wednesday we get jp, we get blackrock and then we get wells, fargo, goldman city, morgan, ally, uh, united healthcare, unh. That's a good health insurance play first republic. Some people have been talking about that more but feel free to screenshot.
This feel free to just go to the twitter account. It's a great account to follow. Let's see what uh walter bloomberg, why do i have my caps locks on? I must have been screaming at someone any activision blizzard, no financial guidance to be provided in conjunction with q1 earnings release. Austrian chancellor meeting with russian president putin has started so the austrian chancellor meeting with putin.
Maybe something will come out of that musk may engage in talks with twitter strategy governance. All right oil going down yields going up not only in the us, but in the world. Shopify proposes a ten for one stock split, just like many other companies. Right now, it seems like the fad.
The thing to do the thing to do all right, all right, all right, twitter shares down four percent elon rejects, offer okay, wait. What was that about delta delta, said line, says: suspends flights from u.s to shanghai until end of april due to covid restrictions? Okay, so not too much breaking news. Yet i mean you never know when the fed's going to get talking today, but i don't see any obvious thing that we don't yet know about that would be pushing the market. What else do we have days to cover on amc this month? Well, it changes day over day, but i could give you the current days to cover.
Let's get rid of that. Let's get rid of that days to cover based on three months uh and then we'll do two week as well so depending on which one you're. Actually, after the three month is 2.4 days and then the two week is 1.4 days american, i mean delta we're seeing some solid sympathy. Ooh delta, actually talk about a gap, fill right there, delta gaffil23857. So if you're in that, maybe really something to pay attention to. I have no delta position, but if i did, i would actually be a little bit more greedy and hold out for forty dollars. Lmnop earnings cold today at 10 a.m. Uh crypto, still getting its teeth, kicked in this morning.
Amc holding green twitter continuing to the upside game, stop getting closer two bucks away, but watching the spy. Here i miss you too, who is rob shout out robbie. Please message me about selling my amc shares per thousand. That's a fair point.
Chris uh biden speaks today on lmnop at 1pm. More like two. I heard he was gon na stream on twitch about it cootery. Did you hear that i heard he was gon na start streaming at one and he was gon na.
Do like uh like a 12 hour like subathon thing for lmnop, i heard he was going to buy one share of lmnop for every new, like twitch sub uh, but that's just what i heard. If anyone can confirm or deny i have it on good authority. The white house did reach out oh you're, gon na dm and ask him okay yeah. I think he's doing a big twitch thing for lmnop uh flick.
Symmetry, i think 40 is very realistic. Honestly, hey matt late to the party is inflation announcement tomorrow morning or afternoon. Tomorrow morning we get the cpi, the consumer price index. If you don't know what that is, it's basically, how much has prices of common goods excluding food and energy increase? Whoa amc pop poppidy pop pop pop poppidy pop pop pop shawn, he's like yeah.
It's true. I heard that too. What else do we have here? Punch foster? We wish someone was buying it for 1k. We wish we wish we wish wait.
I just got a message from twitch that they're taking away views views is going away on april 14th. We want to make sure that your stats, you see, are an accurate representation of your live audience and engaged community. This stat, as it exists today, doesn't meet that standard. So i guess we're not going to see views anymore, like the views count on twitch biden sent me a dirty pick.
I don't think i'm gon na dm him anymore. Oh man, oh man, oh man, time to rug the bulls time to rug the bears. I think the market is just a big game of rugging people of like who's the most people that they can rug. It would be hilarious if lmnop almost went nuts.
It's the total views that you can see in your creator, dashboard, which is cumulative yeah. It doesn't really matter too much to me. I don't know why it would matter too much to anyone all right folks. Well somewhat.
I don't know like. I know the spy is not looking the best, but something about it. It seems like the bulls are pouring in. We see amc's green jimmy's about to go green, like jimmy's flirting with going green, it's about 20 cents away. Amc is holding green twitter's going green. I'm i'm feeling a little optimistic. What else do we have going on? It's false hope for tomorrow? Maybe maybe maybe maybe matt i bought puts on riley, probably not a good financial decision, but hey you. Do you what's going on in cnbc uh, let's see if there's is, are boy kramer up to anyone matt? Can you explain what a dividend would do for amc? Even a penny, a share i mean, if you get a dividend, that's just what you get paid per share for your ownership on the date of records.
So if you owned a hundred shares, you would get a dollar and for the people who are short, they end up actually having to pay it. So all the shorts would have to pay a penny per share that they're short but the chance of amc offering a dividend while they are currently carrying so much debt. It's not going to happen. Uh, there's no way it would be like a cash payment dividend.
Maybe they'll just do an nft dividend to all the people who are owning or something like that because they do have the wax wallets going. Maybe it'll be like a unique type of dividend but like a classic like payment dividend, not gon na happen. That would be arguably a poor use of money, because why would you not just use that to pay off the debt? Remember amc the leadership team they're in it for the long term of amc they're, not necessarily interested in causing a squeeze. That's not what their goal is.
Their goal is to make amc have legs to stand on for years down the line, so you have to think about it through theirs like their eyes. They're like okay, we have this money. Are we gon na pay off debt, or are we gon na try to like fight the shorts in reality? There's a couple ceos who i see, who are like seem to be particularly willing to fight against shorts and elon. Musk is one the ceo of ater, a tyrion he's called out the shorts and, like ryan cohen, he's called out the shorts recently, but there's not many ceos that do that who are like hey, i'm like particularly gon na mess with the shorts.
It's just for whatever reason: it's not that common in, like corporate america boards right now, it might change it could. Who knows for all i know. Maybe this is the earning season that that changed and all these ceos and board members get on and be like we're. Taking it to the shore, it's like we're gon na fist fight them in the school parking lot.
It might happen. We just haven't really seen it yet. Uh, hey matt, just hopped on any new stock you're watching this week, um so well. Amc jamie about to go green shopify is interesting because they're doing a 10 for one of proposal, uh they're, actually up two percent uh, so stock split ten for one stock, split they're going to be asking their shareholders for that.
We have some more twitter news of elon, not joining the board. That's currently up 2.6 percent, the spy we have an upside gap fill which you guys know how i like my gap. Bill plays so friday's low of 4. 45. 94. That's the gap fill so i think some money could be made there and then you could also generically apply that to the tech sector. That gap fill would be at 348.50. The queues actually have another one.
All the way up to 360 as well. Small cap sector. Doesn't have one close by, but the farther away one is at 202 51, the low from april 5th. So despite the queues and the small caps, all all of them have upside gap-fill opportunities.
But one particular note i want to give you about iwm is we saw in real time a huge amount of bets against it? There was many many puts being loaded up against iwm and now we're actually seeing some against the queues as well um. Those are shorter, dated the iwm ones were for 39 days out. They were looking at the may 20th, some more cues coming in, though interesting spy, if you guys are active traders, maybe day traders or a couple, something like that. If you want to look for a quick little trade, i think 446 right here.
446 is a reasonable gap-fill play and i would feel more confident about it. If we get above, if we hold above 444.50 amc giving up its greenness on the day, gme didn't go. Green, even though it was very, very close, twitter slowly but surely coming up. How is the tech sector doing tech sector just got hit a little bit small cap sector, actually looking kind of strong iwm looking strong right here? Uh, if you haven't already folks uh, don't forget to smash that like button, don't forget to hit that subscribe button.
It just helps out with the algorithm liking. Subscribing are completely free and in all reality it's the only thing. I will actually ask of you um just because it helps out with the algorithm - and i am i tie my emotional worth to my social media numbers. So we've all been there hang on.
Let me see if there's any other news, let me check some news sources. Small cap, picking up not a bad deal, not a bad deal uh. What else hang on hang on hang on hang on what is going on? Looking for some breaking news anywhere, we can find it the old breaking news all right, all right. All right am i seeing anything not too much honestly, not too much, not too much uh, don't forget.
Tomorrow, big day, it's called bring your friend to match stream day. All of your friends will get a free one day watch pass, so they too can watch me on rumble youtube or twitch. If you need more passes, we have a couple but they're going real real, quick, so feel free to dm for a free watch pass a free watch best um, and i heard i heard you can get them at the lmnop uh twitch stream with biden tonight. Is it a costume stream? It could be.
You never know. Uh hang on. What is this cabbage smacker hang on? Let me see what this is cabbage smacker, giving us a piece of breaking information. Breaking breaking breaking breaking wall street gone. Wild bankers spend big bucks on nights of debauchery new york, men who own penthouses have a lot of pent-up energy and they're ready and raring to release it right now, as the pandemic eases and wall street bonuses are through the roof finance world princes flush with cash Are out on the prowl for fleshy fun? What does that mean take last month when a group of rowdy deutsche bank employees was axed after expensing the firm more than 1 000 for a night of naughtiness at sapphire midtown gentlemen's club, the offense might sound outrageous, but their debauchery is hardly an isolated incident. A thousand dollars for a night of a group of people at a gentlemen's club in sapphire, like that's, not much money, a thousand dollars for a group of people, even if there was like four dudes, but they all spent 250.