So sorry, sorry about that, i was just um testing out what it's like to be so fucking blind to the political greed we are currently experiencing and i'm not saying we haven't experienced it before i'm just saying we are also experiencing it right now. So i was uh testing out my own, like ray charles glasses here, to kind of i'm just trying to be a little bit more empathetic and put myself in a politician's shoes to understand how one could be so utterly blind to the bullshit. That is happening literally right now, as you are sitting there, as i am sitting here, someone has to be blind. I, like i, just don't get it like it's too the point, it's not words, don't describe the insidious nature of greed that we see just ripping apart.

Our entire government folks we're going to be hopping into it today, we're going to be talking about how politics are beyonce insane, how political greed has gone completely unhinged and then, of course, we're going to be talking about some stocks and that stuff, but i already feel It i already feel that there's going to be some good good rants that are really going to be coming in on this particular one. Your boy's fired up duck boys fired up. Let's get right to it, i don't know how much time i'm gon na need. Let me show you some stocks right now, because i might forget it at the end.

Spy it sold off had a nice pop coming back down. D-Wack is crushing it. I will be covering this bb bbig it's flat, but it's still holding up a 25 gain. Above five dollars and relie had a good good morning, but it's currently getting crushed uh right now.

Amc is down 7.7 hanging down at 19.. Gme is down 5 hanging out at 110. Just wanted to get that all quickly. Out of the way we will return to it if we have enough time, but i need to get into it.

I need to explain why i am a hot tamale today. Please buckle your socks on because, if they're not we're going to blow them off, probably out of pure goddamn rage, pesky, says biden believes everyone should be held to the highest standard, but congress should decide its own stock trading rules. Oh brother, oh brother, oh brother or brother, i i just don't. Why do we let this go on and that's not a rhetorical question: why do we let the most absurd, contradictory things just be said and everyone's like that? That's politics like: why do we do that? I don't i'm not asking this rhetorically, what is going on with the us with like psychologically globally, whatever level you want to look at it from.

Why do we just accept these absurdly contradictory statements, beliefs, everyone should be held to the highest standard, but congress should decide its own stock trading rules. How do we live in a world where those two things are said together, they're conjoined by the word, but and just everyone's like ah business as normal like this, is, i guess, like we vote for these people? Is this just like? What are we in hell? Is this purgatory? Is this like all of us watching this right now like we all died, and this is just some form of hell? Are we stuck in a purgatory, because this is insane? This is clinically insane that the people that truly run this world at least part of them. These are the political figureheads and then i also know that there's like just the rich, powerful figureheads and commonly there's an intersection of the two we're just like. Oh okay, like how long we vote for this.

We we picked this acro like these. Are our politicians and i'm not particularly picking on this administration, i'm saying at 27? Maybe i'm noticing it now, but i guarantee, if you do, the digging you're gon na find this in every administration. I'm not saying it's a right thing, i'm not saying it's a left thing, i'm not saying i'm pro-right, i'm not saying i'm pro-lift, i'm saying i am anti-political greed. This isn't an insane opinion for someone to hold i'm not here to if you're, a staunch republican if you're a staunch democrat cool is awesome.

I agree with you, but if you don't think that there's an egregious abuse of power for the sole purpose of lining people's pockets on both sides - i don't know like i - i think you just haven't done the research honestly like at that point, if you're, if that's Your argument to it and if you think somehow it's not like an ethical breach of their oath wild wild wild wild, let's dive into it. I know i say that, surprisingly, as if we haven't started but like let's that was just the preamble: let's really get into it. The white house says it's up to congress to decide stock rules for its own members. Imagine if that's how everything in life worked.

Imagine if that's how our education system worked: hey uh, yeah, no teachers, you'll figure it out. Imagine if that's how our prison system worked. We know we found you guilty of doing something bad, but we think you'll figure out your own punishment. How does knowing like to make a group its own fact checker its own ethics checker it? It does not make sense it it's just this.

This feels like a joke. I, if i don't wake up from like a coma and just like my brain neurons, were firing like crazy and i get up and the doctor's like whoa matt, like you've, just been in a coma and like we saw a lot of brain activity. I bet something insane was happening in there. That's the only possible explanation for the illogical nature of like what's going on and we're just expected to be, like that's the government, what a load of horseshit uh she said that biden believes that everyone should be held to the highest standard.

I believe that too, the question is: are they being held to the highest standard? Her remarks come after biden, said: biden, aid brian praised the idea on friday saying it makes a lot of sense. Now, if i'm being honest, i gave brian a little bit of heat. I used one of his quotes and i think i misunderstood it, because this was poorly written and i'll explain what i mean i think brian actually might be on our side. Just so everyone knows, but anyway, let's you don't have to take it from me.

Let's know what the aide said, i have the video for you. Look at this already prepped up, let's just dive into it. Let's take a let's take a quick gander. Quick, listen.

Does the president think that members of congress should be prohibited from trading stocks? The president is prohibited from doing this, so where does he stand on this and should their spouses be too the president uh didn't trade individual stocks when he was a senator um? That is how he approached things. He also believes that everyone should be held to the highest standard, but he'll. Let uh members of the leadership in congress and members of congress determine what the rule should be. So, okay, let's get one of those things in where, like i know, there's going to be all these like political people who know far more about politics than i do and they're going to be like the butt in the end and all that stuff.

Okay, i get it. The executive branch is already been from trading, so let's get that out there right now, and i also understand that the executive branch can't go and like make rules for congress. I completely get that, like i get. If we're gon na go nerdy and push up our glasses and be like well technically matthew, you got to think about it.

This way i get that i get it, i get it. I get it. I'm like i'm on board. Trust me, i'm right there with you.

Tonto, what i don't get is, i guess, like the spirit of what's being said, how come binding can't come out? How come people in the executive branch can't come out? How come an aide can't come out, be like hey, our hands are tied. We can't make rules here, but we also think it's super bad and it should be fixed. That's all i'm saying here i fully get that they can't make rules. I get that it's the checks and the bounces, but why not have your opinion out there when you're the leader of the free world, you that's your opinion's, pretty pretty important like that's? Actually, you would say out of all opinions in the world kind of held to the highest opinions, and i get it there's a whole host of things.

I get we're we're in a globe, we're a bunch of monkeys on a rock going around a big fireball and there's other things going on in this universe beyond just insider trading. But as every single poll in the world will point out, trust for the government, trust for media trust for any, i guess establishment is at all time lows. It is comically low fight back against. It show us that you're, like kind of on our side, people that we've elected and that we pay for don't forget the kicker to this - that, like might really send you down a big mental spiral, because it did it to me the kicker to all of this.

It's it's. If you don't laugh, you're gon na scream is the fact that we're paying them to do it. Not only did we put them in that position, but as a taxpayer, our our money goes to them. So think about this scenario.

The people who you don't like who might be doing something unethical you're, giving them money, i'm giving them money like when you think about it, you're going to drive yourself insane like you're, going to drive yourself comically insane, and this is true for all of them. I don't know what's the whole group of them, i don't care about it now, trump before obama. Before i don't care the bushes clinton, all of them, people they've done horrific things and we've paid them to do it. It's so incredibly disheartening, uh pesky also noted during biden's decades-long tenure in the senate.

He did not trade. Individual stock biden was widely known as one of the least wealthiest members of congress. I guess he wasn't subscribing to pelosi's trade alerts. Last week, white house, national economic council, director brian dees uh, told cnbc squakbox that a ban on stock trading, which currently already applies to the executive branch employees, is sensible and called more broadly for restoring faith in our institution.

So this is why i quickly had to like delete a tweet is because i saw what was going on with brian and when you read it, this way it seems like brian is like it was confusing of what brian, i guess, what side brian was on? What brian was really saying so when you read a little bit more? This is why you got to do your d and your research here, i think brian boy, brian d's nuts, is like on our side, he's saying it's sensible and faith in our institutions, which is exactly what the government could probably use right now, we've seen the federal Reserve take these steps recently after they have their own host of issues. So brian, i would argue, is on our side. There's a lot of distrust and mistrust around how politics work around the political process seems like you should fix it right there. One of the things that we need to do across the board is restore faith in our institutions, whether that be congress and the legislators brands.

Whether that be the fed and otherwise, and so anything we can do to try to restore that faith, i think makes a lot of sense. That's wild, like and, like i said, i think, brian's truly on our side, and i think he means this. But like that's juxtaposition to like pelosi, saying nah, we're going to trade to the aid being like borderline dismissive here of like stand up. It's not if anything, if they're so worried about appeasing their lobbyists.

If they're so worried about this power grab and like keeping their position - and they don't want to rock the boat, i guarantee, if someone truly stood up for what the average - i guess in this case american wands for wants, they would win by a landslide. This is going to be a hot political take, but, like her elections, shouldn't be the lesser of two evils now i know that's gon na be like piss a lot of you off, but i think to the people yeah, if you're on an extreme. What i just said is: gon na make you mad if you're anywhere in that middle 98 and you're, not a fringe one percent. I think you're gon na get what i'm saying of like it's, not a good thing.

We have going the fact that everyone's like well. It should never be this person's less bad than this person. The argument should be like i think this person's better, because of this, like we should be so proud, it should be accolades. We should be giving all the points in the pros section and there should be any nothing in the con section, our political discourse as a citizen.

The argument should be around the center of man. I think this is so good and that's good too, but i think this is slightly better. Instead, we're literally just weighing out the negatives, the cons are like well, this was the shit show. I guess it's less bad, like that's, not how the world power should be running bonkers and instead no one wants to do it like.

I think someone would land by win by a landslide if they just stood up and be like yeah. No, that's egregious! That's not what like uh having a political posting is for we shouldn't trade. If someone just truly had the back of the average person, i think they would dominate. In literally every single poll insider conflicted congress investigation found that 54 members of congress failed to properly report their financial trades, as mandated by the stock act, which came out in 2012 under the previous president obama, so that was 54.

remember. There was 182 high-level congressional staffers, there was all those judges, there was everyone in the federal reserve, it's a mess, it's a mess, it's a mess and i get it. You might be watching me and you might be like matt. I get it you're ranting you're doing it for the interwebs you're just trying to give us some content.

You might be the only one who has these opinions, there's far bigger things and more important and more impactful things for us to consider, and maybe i don't know i don't think so, because i think this is a symptom of the fact that just people don't trust And if you don't trust your establishments, if you don't trust your like government, if you don't trust your leaders, that's not a good situation, but also, luckily, we have some polls on the matter. 67 percent of americans support bill to ban stock trading by members of congress and even as pelosi resists data for progress found that 67 of voters support banning lawmakers from trading stocks. The figure jumped to 74 when voters were given reasons for and against a ban 74. So i get it we're not in a democracy.

I totally get it we're in a constitutional republic, but still if three out of four people are like yeah, maybe don't do that and maybe just the other one out of four don't get the situation. If i really had to guess so, three out of four people within our country are like yeah, hey, don't it feels like a thing that probably shouldn't be like if the general society agrees that that's like a silly thing to happen, why is it still happening? Well, i don't want to be completely glum. We do have some news right here now, with senate allies, spam burgers legislation to ban members of congress from trading stock gains traction. So ever since pelosi's comments.

This has definitely gotten some like this legislation that was written more than a year ago. It is finally picking up steen uh, while it's traditionally tough to get congress to police itself spanberger and her co-lead on the legislation, republican chip, roy, a republican and she's. A democrat. A democrat from virginia and a republican from texas, i'm telling you in this day and age, when you see people across the aisle shaking hands and agreeing on something, it's probably something that should actually be good for all of us, like in in a day and age, Where all we hear about is political gridlock day in and day out, the fact that you have a woman from a democrat woman from virginia a republican male from texas and they're, like yeah man uh.

We probably shouldn't be doing this kind of tells you what you need to know when political tensions are this high and yet they're going across it. The aisle, like nuts nuts nuts nuts no doubt have built a bipartisan coalition around the issues spanning the ideological spectrum. After several stock training controversies during the pandemic raised, eyebrows they've been going on for far longer. It's just people now are paying attention to it.

So a couple different ideas of how this would actually look. In reality, the bills would require members of congress, their spouses, independent children, to place their stocks in a blind trust, while the member is in office intended to prevent insider trading or the appearance of it. Given that lawmakers can have access to privileged information, then there's some twists and turns of like competing proposals, we're like okay. Maybe they can do it in the spouse but like let's not worry about the dependents and like whatever i'm gon na leave that up to them to debate of what is or isn't fair.

I just know that the current system is illogical. It's like prime for greedy abuse, and it's just it's stupid. It's just stupid if placing limitations on how we can buy and sell stock makes it so that someone trusts us a bit more congress doesn't have a great approval rating, i think, is a quote. Unquote sacrifice we should make to positively affirm, we are deserving of that trust or to positively affirm.

We are working for the american people and not our pocketbooks according to spanberger the woman from virginia who put this legislation forth about a year ago. Um hey. I agree with that. I think she is very based in this commentary.

I think she has a like. I think that those - how could you not agree with that like whether it is or isn't the the surface level picture of it, is so bad that it's losing trust day over day, like the ratings are not going up in any manner so anyway, this is coming From one part of congress, but you also have elizabeth warren hopping on this as well senator elizabeth warren blast brazenness of lawmakers, who flouted a federal law to stop congressional insider trading. She is also on the senate side, come forth with a proposal that essentially does the same thing. So i just wanted to keep kind of everyone that, like okay, there is the senate, then you also have the house they're both progressing there and then obviously the executive branch, just really not saying much so overall, it seems, like many politicians, are greedy assholes.

We should vote them out. We should get better people and the people who are actually fighting for change. In my humble opinion, uh kind of deserve to keep that spot because it seems like they're actually trying to fight for having our back, which i truly appreciate. Um.

On a completely unrelated note, i wanted to share this bloomberg finds that 85 percent of hedge funds are actively trading retail trading message. Boards and social media. Excuse me: they are tracking that, and that makes sense it was something that we always suspected, but we know between youtube uh reddit, twitter, facebook, myspace, whatever it is, only fans, tick, tock, all of them we're all everyone's getting their hot stock tips. We know that there's 85 8.5 out of 10 of these are going to track it and it makes sense because retail over the past year of the past calendar year, 2021 has shown that they are a force to be reckoned with.

So it's important to pay attention to what's going on, but i want to take this a step further and the fact that they're doing this tells me that why would they be that far away from infiltrating? This was something i lightly touched on this morning, but the amount of misinformation that is going throughout this community is absolutely horrendous. It is horrendous. Please fact check everything you hear even before i started this particular video. I saw people saying how can like we only have fake shares, we're buying pictures.

That's not real you're you're buying real shares, uh the we would know if there was a gigantic jump in what most likely were all going to refer to as synthetic shares. You would see that in the ftd report that would come through so there's like just little things here that have been repeated so many times that people are taking it as the gospel truth and it's simply not uh the amount of false information related to dark pools. The false information related to short ladder attacks, the false information related to brazilian depository receipts, bdrs there's so many things that have just been repeated and repeated and repeated and people are afraid who actually know about it to stand up because you get completely clobbered by an Entire community and you get yelled at as like a shill and all that type of stuff, and on my end i fully understand where i stand in the community. Some people aren't gon na like me, but at least i'm telling you the truth.

I would rather tell you the truth, and you dislike me rather than have this fictitious admiration, just because i make you feel good and you're. Looking for your confirmation bias, i wholeheartedly believe hedge funds wall street are doing what they need to in terms of retailers, to spread false information, and it's more of like a smoke signal to get people to pay attention to one thing: when really the fire is somewhere Else now quickly, just in terms of some news, i have some good news. Some bad news related to unicorns new york, mayor adams, says city is winning the war against unicorns. As cases decline.

We are looking to put in a high water mark very very soon within the next couple days. Fingers crossed that this quickly gets out of our lives. So that's a bit of positive news, but on a bit of the negative side, the who says unicorns won't be last rona variant as global cases surge by 20 in a week. So well, that's not good um it.

It very much seems like this is gon na rapidly become one of those things similar to a flu shot that people have to end up getting like those booster shots year over year. But what do i know? I'm not a scientist. I that's just. I guess what i've lightly been reading, but hey, if someone's a scientist - and you want to share your opinion - you're, probably more apt and more appropriate for you to share yours than it is for me to share mine on more of a stock.

Crypto, quick update, mastercard strikes, nft payments deal with coinbase amid a wave of recent crypto partnerships, so mastercard recently, we've been seeing a ton of other members or, i guess pairings partnerships, and this is the next, the newest one in the litany of partnerships that relate to Well-Established businesses also now pairing up with the world of crypto nft's metaverse in one way or another, and i just thought this was interesting now that we're like kind of in earnings season and i'm just curious if they're gon na say more about it of what's going On obviously, mastercard coinbase, both well-known, we know that the entire sector of nft has become billions and billions and billions of dollars. So i just thought that was something interesting to shout out just in case. You want to check out the mastercard stock, the coinbase stock, if completely different, no but related to nfts um i had i just earlier today - did an entire stream on nft scams and how to avoid them. So if you want to see that that's on crypto cores the one before that was a cardano one and then i just have a little bit of a trailer there.

But if you were wondering if you missed out on where in the world the crypto stream was today, as i mentioned all throughout last week, it's all going to be done on crypt. Of course check it out. Crypto core is uh. We just started it.

I just wanted to delineate the crypto content, the stock market content, which also happens to include my ranting content, but this is all about the crypto world and um. Just speaking of nfts, i thought i should make a quick video on how to spot and avoid some scams, because there is an egregious amount of them now, let's return to the world of stonks all right, so how many minutes have i left? Five? Let me give you a wrap up on the day. D-Wack crushing it d-wack is currently up 23. The question is why well people buy the rumor, sell the news, the expectation for truth, social truth media, whatever it's called uh, allegedly, the bait is supposed to come out in february, so in roughly half a month, people are getting pretty excited for that, and also there's Interesting people that are joining up with the company, yada yada yada in terms of bbig, so yes, most of the day, it was range bound, but don't forget it.

It's holding a gap up and it's above five. That is a gigantic win, especially when you're considering the fact look at this sea of red everything is down spies down two percent. The queues are down two point: six percent russell's down three percent amc down: 8.5 gme down six point: eight prog down ten loose it down; seven rivian down; eight everything is getting beat up today. The fact that dwack is continuing upward.

The fact that bbig is holding these gains they're both up 20 over in excess of 20 at one point, reli was looking really good today, but they got pretty hit at 2 15. so that one ended up being a bit of a bust. But these are crushing it. I am not long in any manner.

I have no position whatsoever currently on dwack or bbig. If that changes i'll, let you know, but i have to admit i am beyond impressed early this morning i called out 90 on dwack. That was the next level of resistance. I called it out in the morning stream.

Look at what we hit. We hit 90 24 yeah, i'm gon na pat myself on the back bbig hit 540. I was calling out 585, so i was wrong on that one. So i'm gon na have to take my pat on the back back, but who knows maybe we'll hit it tomorrow and after that, i'm watching, like the mid sevens, to give you a bit of an update um very quickly for aria.

I just because i saw people asking about it: kind of woke up today: 23 short interest cost to borrow 510 utilization. 100 very low float shares on loan of 1.92 million. Now, let's talk about bbig, aka, vinco ventures, so short interest 26. It actually did increase today.

Cost to borrow noteworthy 64 utilization, 99.9 shares on loan 36 mil and then just very quickly for gamestop sitting at 17 and amc sitting at 19.72. Uh just wanted to quickly kind of run you through all that. Let me quickly pull up these ones. I just want to see what's going on, let's throw up pbig right here, um, so amc came as low as 1780 bounce off of that hanging it out at 19.

Hopefully we're getting a shoulder ahead, a shoulder cup and handle whatever you want to call it, but i'm hoping we see some strength uh. This has been uh like there's no way around it. It's been brutal, there's more selling aggression than there is buying aggression, and it's just it is what it is um. Yes, we can discuss the nuances of is that selling aggression real? Is the buying aggression being muted? You you can discuss that till you're blue in the face.

But what really matters at the end of the day is what is the price on the open market? Because that's what you're able to buy it and sell it for gamestop hanging out at 109.? I do like that it hung out like it stayed above 100 for the day, so i'd say that's a little bit of a silver lining there, bbig and dwack went over them, both of them absolutely crushing it for the remainder of the week. So if you go to macquarie.locals.com, that's where i post all of my trades, especially if the stream is not on, i have a spy put and a q put. I got those both today. I announced them both and they are crushing it right now.

So the spy put the q put um, they expire, feb forth the other details of what i paid and the strike price. That's all on the whatever it is uh mattcoors.locals.com. So if you want to pay attention to those trades or any announcements or even share your own, your own watch list, that's definitely the place to do it, but right now, i'm at least keeping my. I guess portfolio afloat right now, with some spy puts and some q puts.

Why are you watching bbig if you don't ownie uh, because i'm a market commentator? Obviously i'm going to talk about the things that are the hot things? This is that's what i do. I i try to explain things to the best of my ability and when i'm getting an influx of questions about bbig about dwack, about spy about cues, about u v x y, all those that's literally. What i do is i'm attempting to. I guess share knowledge and if i don't know something, i'm excited about it and i look it up and then i get to share it the next day, short selling aggression.

Only, i don't think that's technically true. Uh on amc, they've borrowed 3.69 million shares. But if you look at the stock, let me pull it up really quick, just by the way ding ding ding, the casino, is closed. Um.

If you look at amc, the volume today was 55 million. So i mean that's quite a discrepancy whenever you see volume right here, that's the amount of stock shares. It's 55 million shares were bought. Today, 50 5 million shares were sold.

Today it could be in any combination. It could have literally been one share that just ping pong back and forth like technically. That could have happened. Is it what happened? Absolutely not um, but there's this concept that just no one's selling.

Yes, people are selling like this. I don't know where people came up with this. I know where they came up with. It was people who literally don't know shit about the market.

Yes, people are selling, that's people were selling the whole time, even when we got up to 72. People were selling because that's how a trade goes through. Whenever you see a price people bought there and simultaneously people sold there, that's how the market works. There is um, seemingly a large misunderstanding of market mccarran mechanics at the most like basic level.

That's what volume is it's a buyer and a seller agreeing on an amount of shares and on a price and whenever it goes through, the volume gets ticked up. There's it's not like there's a magic pool that you buy from you buy from a seller, there's not a magic pool that you sell into you, sell it to a buyer. That's just an inherent nature. It's an axiom of how the market works.

What else do we have? What else do we have? Let me see if there's any questions uh, let me burn through all these questions for you and then today, tuesday january 18th is in the books all right. Let me quickly burn through all these. Why is it not showing up where's joe's? I see joe's name, but i just don't see his question. Oh members of the congress and senate, including their spouses, should be audited one year prior to every election.

Any unusual money gained investment should be investigated. The corruption must stop 100 agree with you. All they had to do was cover now. We know too much endless dd and we are not leaving thousand bbig um.

I to me bbig is looking bullish. Like i said, i have no skin in the game. Currently, matt strongly believe bbig needs to call off to 425 for a gap. Phil hoping to buy two four six dollar strike cost 320 return on my 121.5 um.

I think eventually, that gap will be filled, but it could always make like the incredible movement before that. Like that is technically a possibility, all right, that is what i have for you today. I truly appreciate the support. I hope you enjoyed what i had for you, but overall.

Thank you. Thank you. Thank you. I appreciate all the likes you were dropping.

I appreciate all the new subscribers shout out. You guys you apes, you, moon gangers are the exact reason i get to do this. I will be streaming once again: 9 a.m, bright and early tomorrow morning, to talk about. What's going on before, the market opens we'll watch the market open and we'll just go from there, but tomorrow will once again be a normal day.

Thank you. Thank you. Thank you and, as always from me and chair best of luck in the markets, you.