Don't be mistaken, the apes won't be shaking or breaking because we're going to the moon date very soon, going to wake up on the moon brand new yacht and the mcdonald's in my living room, bright, yellow, lamborghini, 50 meter, swimming pool champagne every day, hey fam! What you do wan na, hang you wan na chill. Oh, you got ta mansion two! Oh that's right held on tight jack titties every night. We was in ways back when they tried to chop it down to ten henches couldn't come for him. Ace was strong until the end.

Now, let's pretend to tell they'd be sweating had enough of these feelings, but the eggs were rebelling cause we never be selling until we sent it to heaven now we'd be out of yelling, hey screw. You kenny. I want my wife, a minivan to share with the boyfriend, but i pull up in the band's plate, saying olive crayons going on an airplane, don't think we'll be back again celebrating every day like it's, your birthday cause we're holding on for the life getting damn teddy. So soon don't be mistaking the ace won't be shaking or or breaking because we're going to the moon, today's expectation, probably more manipulation fed a creation of a crooked operation bought more while it was low, got more dips in trader joe's.

Oh, you thought that we'd, let go what the hell you take us for holla. If you spend your last dollar on bananas, while living in squalor, we don't claim to be scholars. We the smooth brain dummies and we never stood taller yeah. We do this for love and we do this for our honor.

A follower of 11 ain't got nothing on us. We the planet of the apes anymore, as we trust m-o-a-s-s. Oh hell, yes, gon na, send it into space. Go fire up the jets gon na.

Keep. Don't be mistaken, the ace won't be shaking no breaking because we're going to the moon screw candy cause we're holding off, be mistaken, the apes won't be shaking or breaking because we're going through them going to the moment. Foreign mum, hello, hello, hello. I want to get you looking at these glasses.

Oh brother, oh brother, the apes are at it again. I hope you have on your green shades, because man, oh man, there's a lot of green in the charts folks across the market. The mark, the spy, the cues, the russell crypto amc, jimi a lot of individual equities far beyond that it is a green green day. I don't know what the bulls were doing in the month of, i guess all of january, maybe even a little bit before that.

Really started the downturn january 5th. I think they were in just some sort of like hibernation. If i really had to guess they woke up, they forgot that the markets were on they're like oh, like we're supposed to do this thing. So we're going to be going over all that before the bell goes: ding ding, ding ding we're going to be going over a little bit.

What happened yesterday quick sneak peek at the overall futures market right now, the overall crypto market we're going to dive into some news specific to some earnings because remember we're still in the middle of earnings season. Then i have some political developments for you and then we're going to be diving into not. Why is just the market going up, but particularly, i want to go over a very important story of why amc is like really up today. So we have a lot to go over.

I want to get everyone a little bit more. I guess comfortable feeling a little bit good for when that bell goes ding, ding, ding, ding and then obviously, when it does do that, we're going to be watching market open, see if there's any breaking news, maybe we'll get some active trades. Just a quick reminder to all of you: if you've been paying attention to the options trading challenge, we are still or i am, i don't know what you're doing, maybe you're doing the opposite of me uh. I still have those tesla calls uh, like i said i would have scaled out a lot if i could have yesterday, but because of pdt i didn't and i'm swinging it.

So it looks like we'll end up making more money because of the gap up but um, not necessarily my favorite trading methodology, just to give you the tldr version of that so before we get into all this hey. If you could help me out, destroy that like button helps get this video promoted to other people uh, especially because right now we're in this day and age, where apparently mainstream media thinks that they have a monopoly on financial news and anything related to wall street when In reality, if you ask me they are pretty pretty sus um, so hey! If you want to help me out battle it, let's get these numbers up literally competing with some of the serious mainstream media players in this space. That would be awesome and don't forget to join up with the moon gang by hitting that subscribe button. You have the option to watch on, rumble youtube: twitch myspace, only fans watch it wherever you want.

We got you. Let's switch over all right, so little peak right here, just the spy, the q's iwm, all looking green volatility, also going down down down the reason, i'm bringing up volatility to you right now is actually a very important point. I want to bring up about how maybe it's not the most advantageous to get spy calls cue calls russell calls um we're gon na be getting into that uh in just a little bit, but let me give you the overview so yesterday things were very green. If you look at the s p 500, this is a heat map for it very, very, very green and we're seeing a similar scenario right now in crypto, you are seeing it across the entire markets.

Money is flowing back in people were a little bit apprehensive start of the year started last month, but now as we're getting underway in the second training month of the year man, oh man, money's flowing back in people are buying the dips. People are making some serious attendees now i do want to just remind you, a quick snapshot of where we are on a seasonal basis. We just started off feb, so right here, feb starts off a little choppy, not necessarily bullish, not necessarily bearish. Once again, this is for the s p 500, but when we get roughly about a third of the way through there's a gigantic bullish, seasonal trend - also, i tweeted it out this morning.

If you haven't already uh whatever it is twitter, instagram, matt underscore course um. There were some people on cnbc yesterday who were talking about how and we were kind of calling this out here i mean look at the overall market, uh short interest of 25, the cues 28, the russell 38. If they got this play wrong and it goes, i'm not just talking about a squeeze, maybe in an individual equity i'm talking about, there might be an overall market squeeze. There is a lot of money, betting against the market right now, with their thesis being hey.

Things are out of control and the fed is more hawkish than everyone else is predicting um or really what they're living on. But i know we talk a lot about amc, gme, individual equities, but please pay attention to the overall market right now being heavily shorted. If they get this wrong, we can be seeing exactly that a violent move to the upside, so that's just the seasonality of what's going on, but particularly for today. Remember yesterday, nice green day: let's see if we could get green days back to back the dow.

The s p and the nasdaq all green, very, very much liking. That here is the s p 500 futures market. I like taking a look into this because from sunday evening to friday evening this is trading for 23 hours of a day, so we don't really have as many gaps in choppy data uh you're, getting a nice like it's full day. It's training for 23 hours a day it's on the globex session, but anyway here's the levels i'm watching.

Yesterday i've been calling this out. I was telling everyone i put it on locals. If we get above the 200-day moving average, i did think we were going to get a rejection, but i said no matter what it does. I'm going to play that trend if it gets rejected, i'm going bearish if it breaks above i'm going bush and that's exactly what i did and thus far that bet has played out right here.

I'm looking at the support of basically 4490 and my next resistance is plus or minus 10 points, but centered around 4530.. I really really like that for the s p, 500 and then obvious in the very very bullish case 4572 overall going into today, i'm being bullish, i'm being bullish, it's the start. I know seasonally it's a little bit choppy, but also you do see an interesting pattern at the start of the month and also in mid month. There is actually some new buyers just like.

If you have ever worked in corporate america, there is a tendency for that's when your like stock purchase programs and also your um, like your 401ks, and all that, like related stuff, these retirement accounts they commonly have their purchases start of the month and mid month. So there is a little bit of maybe just like corporate structural things going on right now that are potential new buyers, and we also have recently seen a net inflow from etfs. We see a net inflow in crypto buyers right now. People have are buying up this dip.

Obviously, over the past two days, they've been buying the dip. I don't know if it's gon na hold i'm playing the trend. I always just play tranche to tranche to tranch, but just so you know over the past month, uh the s p 500 is actually down five percent, the queues are down 8.75 and the russell is down 9.5. So, overall, that's why i'm trying to illustrate it to you of like? Yes, people are buying the dip right now, they're they're, seeing some we kicked off the year with a little bit of bearishness a little bit of weakness, but clearly what we've seen over the past? Two days, and thus far this morning session, the bulls are stepping back up.

So here's the major things that you need to know wall street looks to start new month, steady after terrible january, in fact january's trading of that drop of whatever i said, five percent. That was the worst month since march of 2020, so what we saw wasn't just like: oh, like kind of bad. I guess that's how the market is that's the worst trading month we have had since march of 2020, and i don't think i need to remind anyone what happened in march of 2020, but now that people are digesting what maybe the sentiment of the fed is and We're getting some really really good earnings, especially these, like top tier tech, plays, they are destroying earnings. That's really, instead of the fed, creating a backstop a little bit of a different idea here, but you almost have these big growth companies saying hey, no we're still good, especially in the software cloud computing sector.

They are crushing it and then also we see ev been pretty volatile, but recently their numbers have also been solid. All right, moving on ups and exxon out with strong quarterly results shares rise. Yes, like i said we are in the middle of earnings season this morning, exxon, i am a fan of energy for this year, ups also doing pretty well just so. You know fedex this morning announced that they're actually going to be cutting back some of their delivery options after the market closes today.

Amd and paypal are important, but obviously alphabet aka google is incredibly important. This is the same level as microsoft, apple, very, very important, one that people are going to be paying attention to, especially if you're paying attention to cars automakers in the world of ev. You might want to pay attention to gm. This is after the market closes today.

Personally also also be watching microstrategy, they just bought many many more bitcoin and then ea. Usually i wouldn't pay attention to ea, but i'm going to today, just because the recent development that we see between activision microsoft, we know that sony i'll be getting into that story. In a bit, actually, we could cover that right now so need to buy video game maker bungie in 3.6 billion deal as industry consolidation heats up so right now, video game makers are a hot hot commodity, so it might be interesting. There might be some useful opportunity for us uh beyond that marathon.

Another energy play tomorrow when the market closes meta, aka facebook also be paying attention to qualcomm on thursday, amazon, hugely important ford uh. We have shell and activision unity, uh and then there's none particularly on friday, that really tickle. My fancy all right, uh tesla issues, a recall. This just came out this morning, uh so, and also the fedex thing that we already just went over fedex on tuesday suspended its domestic express freight services.

Just so, you know in case you're, holding fedex there's going to be some implications there, but, more importantly, at least for it seems like where the audience really likes to pay attention to tesla will recall almost 54 000 us vehicles with the company's full self-driving software. That may allow some models to conduct so-called rolling stops and not come to a complete stop at some intersections so 54 000. This is all the national highway traffic safety administration, i'm assuming it's being run by farva. I don't know if that's true someone can fact check that for me, but whenever i see it, i assume that it's just farva every single day calling up elon musk pfizer mace ooh hang on.

Actually, i do want to cover this uh teen, who turned down 5000 from elon musk to shut down a twitter account tracking the billionaire's jet says he gets too much work. Satisfaction to settle for less than 50 000. Imagine a teen, that's not his own! Being the bane of his existence, a teen has just been he's. 19 runs a twitter account that just tracks his private jet of what's going on there, so they tried to get him to stop and they gave him five grand he's like nah um, hey.

It's just funny to me that the world's richest man is having problems with a 19 year old, who is in no way related to him. Pfizer may soon file with u.s to offer its coveted vaccine to kids under 5. Just an update there for pfizer bio and tech and then finally, a t to spin off warner, media and 43 billion with a b discovery media merger. So that's what you need to know there on another important thing: geopolitical conflict that clearly can have an impact on the overall market and also particularly oil, russia, us exchange accusations over ukraine at the u.n, so things are still tense.

I just want to bring it up. There's not like a crazy development to the story line right now, but things are still tense over there at the border, um worthwhile to pay attention to could have massive implications and the network. The ripple effect outward also don't forget just on another geopolitical thing. This friday marks the start of the olympics over in.

I think it's beijing right is that where they are friday starts the olympics just so everyone knows i wanted to share this with you. Companies spend decades demanding total loyalty from employees while treating them as if they were disposable. The great resignation is payback time. Recently, we've seen some months in excess of four million people quitting their job.

There's been a massive massive exodus from the overall job market and maybe there's some psychology going on there of people just looking for a change. I i totally totally get that, but also people in especially in like the u.s corporate system, they're tired of being treated like and for some reason being locked in in, like uh, almost a prison-esque dystopian. I guess really a dystopian prison where we're all our own prisoners. Over the past two years, like some weird setup, i like there has to be - i'm not a psychologist, i'm not a therapist, i'm none of that stuff, but there has to be something going on there.

That people are like. You know what i'm just done with it and we're seeing that in the metrics there's a massive massive exodus, but what's crazy is the job market is actually getting so tight. That benefits are going through the roof like these employers are doing everything they can and some companies are getting to the point of offering to some of the female, like, i guess, employees that they're like we will freeze your eggs for you, like it's literally getting into The world of like fertility, which i i'm assuming that has to be wildly wildly expensive uh. So it's kind of interesting, seeing how, when the demand is at the same level and probably going higher right now, but the supply referring to workers is like really really like.

Diving off a cliff right now, it's interesting to see that i mean i've never heard of this before. But if you want to check it out in a little bit more detail, you can read the story on axios all right now, let's get into some specific charting. So here is the spy right here. Yesterday i marked out 451, that's my first test and then from there i will be watching 455.

first test. 451 next, one 455. If we get that breakout, if we get the rejection, i'm then looking for support to be found at 444 for the nasdaq 100, i'm looking for the test and the break of the 200-day moving average. This is very similar to what we were watching yesterday in the spy the test and the break of the 200-day moving average from there.

I will be watching 369 support support from january 18th and january 10th. Those are the levels i will be watching in the nasdaq 100. I don't know if things will or won't break. All i can tell you is that i'm playing it from level to level to level in terms of the russell 2000.

I love that i got above 200 yesterday, uh key psychological level. This one's particularly important because we know the largest showing within the russell 2000, is amc. It has about 0.5 of that entire indices. Just so you know, but anyway, strong day we got the breakout of 197 198.

I will be watching this trend line today, roughly around 202 and then from there i'll be watching 204 205. if it gets rejected at any of those levels. I'm looking at the support of 197. so now that we are talking about amc before i get into the charts.

I do want to share this with you. We have not the highest short interest. That's ever been estimated but close to it. We're coming in at 21.

The utilization is up at 81. Remember what utilization is i'm seeing a lot of confusion about this particular metric utilization is the amount of shares on loan, which is 117 000 divided by the total loanable shares shares on loan total loanable shares are both dynamic. They change minute to minute throughout the trading day. This has nothing to do with the shares that, like you, can buy because that's not how it works.

Whenever there's a buyer, there's a seller whenever there's a seller, there's a buyer you're, never buying from the ether you're. Never selling into the ether you're buying it from a willing seller or you're selling into a willing buyer utilization has nothing to do with like you can't use the metric of utilization like if it gets jacked up to 99 or 100. You can't say, like oh wait, wait. Why is there volume? No one should be buying utilization has nothing to do with that.

It's simply. A ratio x, divided by y shares on loan divided by the total amount of shares people are willing to loan out, as in the shares that people who are already owners of amc. How many of them are willing to give their shares to someone who potentially wants to go short? That's utilization, as this goes higher and higher um, not really at a linear rate kind of like at an exponential rate. You see costs to borrow really skyrocket when you get into the realm of 97 98 99 of utilization, that's when you see costs to borrow, go sky, high um and i'm trying to think of any other metrics when things get a little bit more volatile.

If that happens, we'll go over days to cover um just so you know i like to use the two week and not the three month. I think it's just more uh applicable to really what we're seeing in terms of a potential short squeeze scenario um very quickly. On a gme very also high short interest, gme is looking very good in pre-market as well 18 utilization 86. So we're seeing roughly the same numbers right now for amc and gme costs bar are currently at three percent above one percent is considered high.

But in these types of scenarios, when utilization gets jacked up, things are volatile and there's a lot of volume. We've seen costs to borrow exceed 100 200 300 percent. That is not out of the question. Remember what cost to borrow is when you take a shout out loan you're, paying whoever's loaning it to you, but this is the fee if you were to hold it for the entire year so per day.

You would just divide this number by the amount of trading days, and also so you know it's dynamic. This can be cheap, it can get more expensive, but it's um most of the time people are like not going to be like locking it in like. Oh, i got into a cheap one and i'll be holding this forever. No, as it goes more expensive, the people are loaning.

It out are going to charge more to the people who are taking that loan. But remember this is an annual rate. It's not what they pay per day. The final metric that i think it's important to bring up for all of us is people like to use short volume as if that matters at all, uh they'll use something like fintel or they'll use, something like iborodesk and they'll.

Be like look at the short volume that number or like stonco tracker. I am telling you that data metric is borderline useless. I'm saying borderline because you could get a trend in terms of like is the overall short volume going up or down, but that's considered a dirty data point. What do i mean by a dirty data point? I mean it includes legitimate shorts like actual shorts, but it also includes high frequency traders and people who are providing liquidity to the market, so think market makers, um, internalizers, high frequency traders, people who sold it, but before you could even blink like i'm talking within, like Microsoft, like sub microseconds they're already like into and out of the position, they're, not what you would fundamentally think of as like a legitimate short.

So short volume includes legitimate shorts and also liquidity providers. So because of that, it's dirty so like i would never use the magnitude, but i do find a little bit of utility in the trend, because i think roughly you could assume that the proportionate rate between those two players is always the same. So overall is the short volume trending up or trending down, but once again the magnitude is of zero utility zero utility. Before we get into the breakdown of amc, as you can see, it's up considerably in pre-market almost 10.

This is exactly why right now, amc entertainment holdings, previews. Fourth quarter, 2021 preliminary results. Just so you know their earnings report. Announcement is expected to come out in roughly a month early march, but they decided to give us like a little bit of a sneak peek.

You know a little bit of a a trailer if you will of how they did in the most recent business quarter, which ended on december 31st um. First of all, before i get into these specifics, i want you to know that in the last earnings announcement they said hey. If the box office hits two billion um in the quarter, there's a good chance. We go positive and they were referring to ebitda, which is a very classic fundamental, like breakdown of like what people paying attention to a very fundamental like approach, uh analysis.

Anyway, we hit that number and it was obviously in huge support because of spider-man no way home, which now has a box office encroaching on like 1.7 billion. In fact, i think it actually passed 1.7 billion. It was a highly highly successful movie and obviously with amc. Having such a large market share of the movie going experience, it's doing very, very well, but now we're getting a little bit of a better idea of how well total revenue for the three months at nina on december 31st to be approximately 1.17 billy compared to 162 Million for the three months of december of 2020., so we in one year so the comparing the same quarter of two different years.

We went from 162 million to 1.17 billion million versus billion very, very good, so the net loss for the three months that ended and once again it's all the same quarter, uh we're looking at roughly a loss of 195 to 115. That's a wide range. We will get the specifics, but what i really want to dive into here. This is what i'm talking about them.

Going positive, adjusted ebitda is to be between 147 and 152 million, and that was compared to an ebitda loss of 327 million, so we were going from a loss last year to being officially positive. That's the estimate. The lower end of this is still in the positive range. That's a very, very good sign, most likely it's this one little line right here.

That's explaining why ames is up in 10 in pre-market right now, um the cash burned 216 million over three months um, and we they are still holding on to their war chest of liquidity of 1.8 billion. Now, obviously, do they still have debt. That's coming to fruition like it's going to be maturing yeah, obviously, but it's not really close. They have some debt coming up, um relatively soon that they could take care of.

But just so you know uh, their major debt is getting pushed off 2025 2026, and we know recently in the past two weeks that adam aaron and the leadership team has been. I guess in like they've, been in talks to refinance it to get better deals which is smart. It means not only can they kick the can down the road of when the debt matures but they're going to be paying a better interest rate. So we will be hearing more about that um in the earnings call, that's in just out in a month, um roughly a month away a little bit more than that, but overall really really good stuff.

And that's why amc is currently up, and the timing of it is extremely opportune just because of how good the overall market is doing. So when you have hyper good news for an individual company in a let's say, kind of a tailwind environment in the overall market. Uh, you kind of get that like exceptional impact of doing even better and obviously that's a double-edged sword. If you get bad news in a bad market well, the sell-off can even be worse.

Overall, we are getting a gap up right now on amc. Currently, up now 12, as i'm talking about it um, what i'm looking for is a quick test of the low 18s and then from there. I'm really watching the low 20s low 18s to the low 20s are the major levels i'm watching, but please remember it doesn't matter if it's amc, gme tesla, apple, microsoft, spy, it doesn't matter when you gap up like this. That creates a gap.

You have a gap to the downside. It doesn't matter if it's amc or anything else there is that statistical chance of a gap fill. If i'm being completely honest with you right now. I would rather us fill this like right out of the gate.

Like two three minutes into the training day, i don't think it's going to happen, but we have a gap filled now to 16 25.. I would prefer that we take care of this gap right out of the gate and then just rip from there, because if we don't similar to the way that we had this gap here for a while um between may 25th and may 26th, that gap stood there For a while - and it wasn't until recently that we filled it um, so that's also proof that it doesn't have to get filled immediately like that thing lasted for like the better part of an entire training year. So i'm not saying that it has to be filled for this to go like exponentially higher. It doesn't, but it would make the chart a little bit of a better setup because there's going to be people who will be focusing on that gap filled to the downside.

But once again it depends on how you want to look at it. We know that gaps can get filled on day one, but they could also get filled months, sometimes even years later. So, overall, these are the levels i'll be watching so i'll, be watching that 1670 level, which is the gap from a while ago and then from there. Looking for this break out of the low 18s and from there i'll be watching the low 20s game, stop also very very strong kind of a sympathy play to the overall market.

Also, somewhat amc uh, no matter how many people, if you're in amc, peers to gme purist yeah, you are in the same roller coaster. Together these things as much as you don't want to admit it. If you are aren't emitting it. These things are tied at the hip.

They have they've taken on the same symbolism, which is actually you know, i would argue, a good thing, because i see a world in which both amc and jimi can win, which is why i'm in both um. But anyway, we are getting once again a similar gap up situation. We closed at 108 and the high yesterday was 109.82 we're at 112, looking for the breakout of 120 and then from there i'll be watching 130, with clear support being at 109 and also 105.. So that's my game plan with amc and jamie um.

It looks like we're having a very, very good market opening. We have about four minutes to go uh we're seeing a lot of green so just to be completely clear. I have currently no option plays on amc or jimmy. I just have shares just to make everyone clear.

My one options play right now is tesla calls um. I just want everyone to know for obviously the sake of transparency of where i'm at. If that changes, if i get into amc, gme calls something like that i'll, let you know if we get into like some form of like a debit spread or maybe a put credit spread. I don't know what it is, but i'll.

Let you know if i do anything like that, but right now, i'm simply sitting on amc shares simply sitting on gme shares, and i also still have my corsair shares on the public account. I also have the prog shares if you want to know the public. My public shares go to public.com maccors, it's free to sign up no payment for order flow, no market makers. You can see what i'm in and then also for the option trades, because public doesn't have options um, i post those on macquaries.locals, so you can see what's going on there, what did we actually post this morning? I explained why amc was looking really good.

This morning. We had some dd and some opinions and then this is the tesla play. So this is where i'm posting my stuff. So if you have any interest there check it out, this is once again matt coors.locals.com um, but we are about to go the bell's about to go ding-it-ding-ding-ding before we hit that ding any ding ding ding, i'm having a tough time seeing so i need to take Those off um, if you haven't already seriously it, would be help me out a ton if you could destroy that like button and don't forget to join up with the moon gang by hitting the subscribe button, whether you're, watching on rumble or twitch, while on twitch you'd, Have to follow or on youtube all that stuff that engagement.

It is completely free and it helps me out more than i could possibly articulate. I never ask for a dollar hey. If you don't want to send me a single dime, that's perfectly fine, but i would um cordially ask of you just to help me out with the algorithms in the background by hitting that, like leaving a nice comment joining up with the moon gang before this goes. Obviously, there's some excitement.

One thing i want to tell you about amc, and this is something that, like i had to kind of drive home last time. Amc had excitement. Gme had excitement these price targets that people are putting out there do not fall for them. People who are putting out price targets are legitimately they've, probably joined the market within the last year within the last two years.

This, like analysts, are putting out price targets on wall street. They have like a storied career they'll. Do it for a year out, they're, not saying hey by next week, it'll be here and then it'll be here and then it'll be here. Do not fall for any of these date.

Predictions or price predictions they are absurdly silly do just don't fall for it. I'm telling you no one has gotten them right over the past year now no one has gotten any date or price predictions right. No one, not a single person, there's no reason to think that that's gon na change now follow the trend. Stick with the trend.

Pay attention with the shorts see what's going on in the overall market, and hopefully you can make some attendees, but whatever it is. Stick to your trading plan. Stick to your risk. Stick to your reward.

Whatever your trading plan is, i'm not telling you what your training plan should be, i'm just telling you stick to it. Stick to whatever your training plan is and there's going to be a lot of people who throw out their own opinions on youtube on twitter on reddit and they're, going to be doing this clickbaity stuff. We're going here! We're going to this high this high! This high they're doing it for likes they're doing it for views they're doing it for like really perpetually pushing confirmation bias. Confirmation bias is something that will seriously hurt this community don't fall for it.

Stick to your plan, ding ding, ding, ding ding. The casino is open. All right, someone just said finally, a fun training day: let's get into it, whoa tesla you're going the wrong way. I needed you up wrong way, tesla all right! Uh.

If you are new, don't forget, let's just chill. Let's just see how this opens. Let's see what's going on, are we all getting excited, or is this some like very legitimate bullishness i like to just see how things kind of pan out um calm cool, collect it we've been here before cocaine, pirates uh? What's a good entry point for amc, i like support. Um i mean i was pointing out the gap fill.

We also know their support at 1450. uh when i buy stuff i like to get as close to support, as i possibly can um there's various ways on various time frames that you could point out: support um, so it's kind of dependent on your time frame. I don't know if you're like a long-term investor, a diamond-handed ape - i don't know if you're an active trader um, but all of those things would kind of like change your answer on what you would do, jth woods becoming a member shout out. Can you break out atr's up fifteen percent yesterday, three percent in pre-market and any possibilities of going banana? I mean there's always possibilities like out of nowhere.

Things can obviously rip um. That's one of the most exciting things about the market is like on any given day. Something truly insane can happen so um, i'm not trying to be facetious or something. But like could something happen well, yeah.

Without a doubt it could happen um. I wrote it down so we'll take a look at the charts in a second evan. Joining up space apes been here for 10 months now uh we got some nice volume already out of the gate on amc, we're already trading 14 million between the market open and pre-market 14 million, when the average volume of the past 10 days has been 55 million. Uh gme has already it's at 200, 000, so a little bit, obviously on a proportionate amount, a little bit late to amc.

But right now the average volume over the past 10 days has been 4.4 million. So, let's see how things like really trend out looks like some of these things are trying to fill their morning gap all right. The spy already filled its morning gap and it's struggling at that one 451 point: we were off by what how many cents 12 cents? Let's see how this really wants to play out today, uh personally, i like to wait those first 15, 20, sometimes 30 minutes depending on how volatile and how crazy things are all right. What kind of questions do we have all right while we're waiting for the market to like really get going to see if we can see uh any solid trends of what is or isn't happening? This is like a perfect time for your questions.

Uh someone did ask about atr, so let's just do that now, atr i mean it is looking strong. I in no way like the long term chart right now. All it's been doing is down trending. We haven't seen a new high in a bit, so i find that a little bit concerning, but honestly if it gets above four, this thing can get moving.

So i don't want to be a party pooper, but you also can't be oblivious to the trend that atr has been in ever since february of 2021, but hey when things turn and rip they have to do it at a certain point, all right. So now we're seeing a little bit of what i was talking about with amc of it seems like there is potentially some pressure to get this gap fill uh and the gap fill would be at 16.25, but if the spy turns and the queues turn and the Russell turns we actually might not be seeing it today if there's strength in the overall market. I think you're going to see kind of money flowing back into everything kind of within the market. Obviously, there's going to be some outliers, but let's see how this goes.

Let's see how it goes, isn't this the normal trend on amc? I would argue that amc doesn't really have like. So i guess when you say a normal trend. I think about that very very literally, because that's where i first found my success in training was finding patterns and trends that, like we coded and back tested and all that type of stuff amc, doesn't really have too many prevailing trends, because the entire movement of the Stock drastically changed over the past year, which means that there's not like a very i guess wide data sample to use like. I would argue that anything before 2021, like you, wouldn't want to include that in your sample, all right, uh.

The spy is coming back to that test of the breakout level of 451. Remember after 451, i would be watching 455. gme is on the intraday. Holding up like it's.

Looking pretty strong actually looks like it was, has a little bit of a technical breakout. This is what i'm saying the spy is. Turning back are the queues turning back around, they are the russell's turning back around you're, seeing that what four minutes in today, five minutes into the you can see exactly where everyone started buying all right, gme, definitely a different chart set up all right. The spy is at an important level for it.

451. We were talking about that. That's a key technical level, i'll mark that out, let's see if it can break if this breaks, this will be good for all bulls within the market. You want this break to hold.

Ideally, a nice volume spike uh we could be seeing some early morning bullishness. Where is my volume right there? Um would love to see a big volume bar on the break of 451 have any thoughts on the 1348 strategy. I've never heard of the 1348 strategy. In my life, what what what is the 1348 strategy someone asked? Would a 454 call on this buy be on feb 4, be a good one to buy.

Oh okay, we didn't go over this. This is very, very, very important. Everyone please please! Please listen up, especially if you're an options trader. This is a mistake that i've made multiple times, and i just want to share some reasoning and the story with you, because i think it will save you money when the market goes down.

Puts can be very, very, very profitable, um. Obviously, there's some like nuances to that of how you play it timing. Is it out of the money in the money how far at the money, blah blah blah there's nuances, but overall in a market crash, puts pay money. They can pay a lot of money.

I would argue that in the flip scenario, it's not exactly the same when things are bouncing, you don't really commonly see, calls paying as much. You have to ask yourself why well remember: options are a derivative based on an etf or an equity, and it's not exclusively like the price of an option. A call or a put is not just based on the price it is based on the price. That's very important in it, but also you have to look at the time until expiration, but in this particular thing that i'm really trying to drive home to all of you is.

You also have to look at volatility when the market bounces yes, calls at. First. Might theoretically seem like a good idea, but don't forget when a market bounces do you know what dies off volatility dies off? If i were to pull up the vix right now volatility, let me show you: what's been going on, look it volatility's been going down as the spy has been going up, spy goes up, volatility gets crushed, as volatility is going down. That is hurting your options.

So yes, you're getting the price part of it right, but not necessarily the volatility so when people are buying these, like super out of the money, puts and the market crashes - and you hear this like huge percentage gain. That is a very, very extremely difficult thing to replicate when you're doing it with calls, because part of the pricing model includes volatility and volatility is going down, so yeah you're getting the price part right, but you're getting the volatility part wrong and you can get easily Easily chopped up so, if you think the market is going to bounce in a certain weird meta way, you can almost play the volatility of volatility and get some volatility puts because you're like oh well, the market's going to bounce. I think volatility is going to come down. Hence it's kind of like a very meta thing, but the volatility of volatility should be increasing.

So it's a it's a similar directional bet but you're, taking advantage of like really what the derivative class is. When i think there's going to be an overall market bounce, i do not play spy calls. I do not play q calls. I do not play russell calls.

You are working against yourself because even if you're right, that means you're inherently wrong. If you are right and things bounce you're going to be wrong because volatility is going to get crushed, that is an important thing that i just don't see enough people like talking about. If you want to play a market bounce, you could do like at the money for equities. Maybe something like that or maybe you want to actually get puts on volatility and that you're betting on the same direction, but you're doing it in a way that it's gon na be statistically more advantageous for you, uh very, very important part uh hang on.

Let me throw up gma jimmy looking very, very good. What else do we have um did that 13. 48. 200.

Emas, when the 13 crosses the 48 ema to the upside or the downside. I've never heard of that before. I don't know the odds on that trading methodology whenever, whenever there's a trading methodology, you should your first thing, which should be what's the profit factor. What's the accuracy like just like i mean anyone could say like a random number and then if they show you like a good trade from it? Okay, maybe that like entices you, but for me it would just entice me enough to be like.

Oh, i wonder what the odds are i like those trade types of trade setups. I like, i actually really really like those trade setups, because those are so easy to program and so easy to back test when the 13 crosses. What was it the 48 and it's above the 200 okay, what are the odds like if someone has such a systemized way of trading, they should have the odds behind it and is it applicable to the spy? What's the correlation with the queues? Does it work on the spy and the queues? Does it work on the spy, the queues and the russell um? I would just have questions like don't just arbitrarily believe that a system works because, like there's, some winning trades like you got ta, do the back testing on it. It's incredibly accurate.

If it's incredibly accurate. What are the odds, then i mean there's people talking about like very uh, specific statistical terms. If it's super accurate, okay, what's the accuracy we should be able to like literally put a number to it, it should be somewhere between zero and a hundred percent. Um.

Don't talk about it? If you don't know about it, i know quite a bit about algorithmic training. Those were all my first videos, that's how i like make a lot of money in the stock market. My bread and butter is systematic mechanical trading systems. I mean actually that this is probably something i'm thinking about it like it's super well defined.

I guess i don't know what the exit like are there exit criteria on it? So it sounds like that's entry um, but there has to be some sort of like exit criteria. Remember a well-defined trade and a well-defined trading system have very specific entry criteria and very specific exit criteria. Um looks like the spy is not having the best of day at this 451 by the way uh 1348 is being pushed by short, the vix i mean short, the vix is a pretty smart kid, so i mean it sounds good. I just don't know about it.

I've never used it and i've never seen the stats, but i mean short, the vix seems to know like what he's like talking about, but my first question out of the gate would be: what are the odds? What's the profit factor, what's the max draw down um there's like a way to get like all of these stats for any, like mechanical trading system exit when the candle closes under the 13 ema, that is a ver. That's another very well defined exit! That's exactly what you would want in a specific because, like you're taking out the guesswork of like okay, did it do this? Did it do that? Yes, no, maybe so that type of a vibe specific entry, specific exit? I like that. I, like the sound of it now, it's just the numbers, uh someone said or text is faked. It is absolutely not faked.

I would actually vehemently argue that ortex is the best data source we currently have to us, especially when it comes to short interest. There is no better source than ortex. Am i arguing that it's 100 accurate? No, that would be silly to to say, but it is by far the most accurate short interest date of provider. We possibly have odds are 50 50.

Either you make money or you don't one way to look at it. One way to look at it all right. It does seem like we are getting this gap. Fill on amc, currently trading at 17 gap fill is 16.25 going for the gap, though, which i have i wish it happened just abruptly, so we didn't have to like painfully watch it play out.

I wish it like. I said first minute i just wish it went. Boop and then just like bounce off of it and ripped uh, it's obviously taking a bit more time or 15 minutes into the day, finding support at the key psychological level of 17.. All right, let me do that.

Hang on here we go. I'm actually now curious. Um spy - let's see if i can actually do this, hang on, i'm letting my data download. I want to back test this 14 38 concept, i'll just wait for the data to load in waiting on that data uh.

Where are the rocket pictures? We just there's no rocket pictures because we're not rocketing right now we're we're trying to see if we can actually bounce right now, matt, just because you haven't heard of something doesn't mean it doesn't exist, stop being so passive aggressive. When did i say it doesn't exist, david david folsom uh. Please explain to me when i said it doesn't exist. I was articulating how you have a good system.

13. 18.. All right looks like we're. Bouncing 1348 is a great system might be, it might be.

The best system in the world - i don't know i have not seen the odds on it. I have not seen the stats uh. You seem upset by people using a strategy. You didn't know about david you're, just dumb.

We we here can't we can't put up with you you're you're hurting the rest of us. You're kicked forever bye. I haven't heard of gravity. Therefore, unicorns cannot exist.

Oh man, god david, bringing the rest of the group down. That's painful uh. When matt said you could play volatility, puts what uh would you buy puts on exactly you could get puts on like vixx uh, vxx, uv, xy, um, so you're looking for things that track the vix, so vix is the volatility of the s p, 500. So the things that, like would actively be on the market, vxx uv xy, tell me again how sheep's bladders can be employed to prevent earthquakes all right.

Let's see the spy trying to get its bounce going man. Why could amc just not quickly get that gap fill like just 16 25 just tag it. Let's fill the gap and, let's just rip from there being a little bit painful on us right now puts on uv xy, don't track unless you are buying weeklies um. I would well they uvxy is going to be leveraged and i believe that uvxy is like it's using the front month.

So, okay in the world of futures, you have the current month, which is also referred to as the front month and as you are getting through that that contract, because futures similar to options they run on contracts for like a certain time frame. As you get uh through more of a percentage, they start offloading the current one and getting into the next one it's like kind of just like their slow roll strategy um. So i guess you could argue that uvxy is actually tracking vix on the futures market, but it's always like a proportionate scale as like you're getting through the current time frame, which is the current contract. So it's not like if you're getting u v x y.

It's not technically direct exposure to vix, it kind of is through the futures market, but not really. Why is gap fill important um speaking of odds and statistics? You can find the odds and statistics for gap fills so whether to the upside or to the downside, the odds of etfs and equities filling gaps in their charts is extraordinarily high. It's not guaranteed nothing in the stock market is ever guaranteed, but playing gap. Bills is commonly a winning strategy.

The little caveat to that and like what a lot of mechanical training systems do is trying to figure out the likelihood of how that will get filled. In terms of like x amount of time um, that's that's the thing right there, because some of them, you could be like yeah, it gap-filled, but it also took seven years. Well, that's not that helpful um, so the odds that i've always seen for it. They're, like there's this percentage chance to get failed in one day, there's this percentage chance.

It gets filled in two trading days. This percentage chance. It gets filled in three trading days that type of a vibe piss. I got a full day off teaching shout out rob.

Oh brother, all right the spy is coming back around it. Obviously we ran up to that clear resistance. 451. We called that out in pre-market.

Let's see how attempt number two goes right now: gme holding its gains at 3.92 around 113 would love to see this get above the intraday high. Where are the buyers at where are they? Where are they? Uh 116.65? Is the intraday high on gme and the intraday high on amc 1826.. Now out of my own curiosity, are the shorts betting more? They are not um. Thus far, today, there's been a net return.

Obviously, you could rent out shares a different day and then short it on a different day. That's totally possible, but most of the time you have to ask yourself why in the world, would they do that if they're paying a borrow fee um, so it seems like today the aggression in shorting i mean, i think, just like the gap up is scaring the Shorts they're, like okay uh, did you actually follow me on instagram, or did you get hacked? It's probably just not my account. I i don't think i wasn't hacked, but it's also just not my account. It's matt underscore cores, there's no dot make sure the o is in a zero.

Just matt underscore cores uh make sure it's actually me. I know recently, i think last night people were telling me that there was like a fake account trying to talk about like crypto or something. That's not me just double check the name. It's actually right above me at matt underscore course make sure the the spelling is right.

There's so many scam accounts um. Ever since the verification happened on twitter. That became super easy to battle, because everyone's like wait, hang on. There's no check mark uh.

Unfortunately, on instagram, i'm not verified uh, which is kind of weird you're, always told that it's actually easier to get verified on instagram than it is twitter. So i don't know why instagram keeps denying me. I guess i'm just not important enough, but anyway, please be careful. Don't get scammed, don't get scammed in, like the youtube comments, all those like hey! Here's, my what's up! Hey dm me email me for this, like crazy money making opportunity.

That's not me! Those are scammers, i'm not asking anyone to dm me ever! I'm not sliding into your dms, it's not me, i'm just not dming strangers in any way shape or form what about mats, only fans uh. That is that's very real and remember you can always these these bots don't know. What's up, ask them just ask them for the password. The password is, oh brother.

If they don't know the password instantaneously, you know it's not me. If you think it's me be like yo. What's the password and if within seconds they don't say, oh brother, it's a bot report them hunt them down, do whatever you need to, but in this community we do have that password. We do have the old password rambles.

What's up, if i'm not mistaken, i believe the 20 simple moving average is involved in the process in that crossover uh over 200 for calls under for puts oh the 200 yeah yeah. So i it's. I think someone mentioned that so basically, if it's over 200, it sounds like they're bullish, if they're under 200, it sounds like they're bearish and then they're using the the crosses of the 14 or whatever it is the 14 and the 38. Whatever those numbers are to be their other signals, it's a good sounding strategy.

It's well defined, i'm a fan of that. That's a good sounding strategy, well-defined entry, well-defined exit and the fact that entries and exits are well-defined means that it's easily testable.