Foreign. Thank you Foreign Fuck you um brother, hello hello. Welcome back to the Mad Core's live show where I'm Matt Cores and you are. The live show today is Monday June 26th and it's a little bit of a wrap up of everything that happened in the market.

In the world of Politics the economy, the random things I found on the interwebs, we're going to be talking about how the markets are looking pretty bearish. it looks like they finally woke up from hibernation. We're going to be talking about what's going on with student loan repayments because it's becoming a big big issue and apparently we're gonna get an answer to said big big issue this week, most likely, but potentially next week. So I want to talk about that I Want to talk about how this, actually, in my opinion, might have adverse impacts on the overall economy and thus the stock market.

and then I want to set you up for the remainder of this week which is most likely going to be a little bit of a Prelude to the old Fourth of July What I'm trying to say here is I think there's going to be a lot of fireworks and hopefully we're on the right side of the fireworks and can make some money off of it because we have pal speaking talking twice, we have updates about what's going on in the world of real estate. We have updates about what's going on in the world of inflation. There's a lot going on before we get into all that. If you officially want to become a goonie and join the Goonie Trading Community It's been to the top of Chat.

it's in the description of the video. there's a free membership and also premium membership that is only ten dollars a month. I'll explain a little bit more on at the end of this of like really what you get what you don't get but I think you're gonna try it out and if you want to try the premium version for free, just put in the code goody and you'll get one month for free. So check it out.

Become a goonie today! I Really think you're gonna like it and on that particular note, let's switch it up and take a little look you see at the market here. Spy Popped this morning. blew my mind, vomited and we kind of popped and now we're just coasting into clothes Microsoft Vomited all day. This stock right here.

Msft is my surprise trade of the day. I Will be giving the details on my whole position on Microsoft At the end of this particular stream Tesla finally breaking down I've been swinging in a position on that and the queue's looking weak as of now. The Spy is slightly red down point one percent of the day the cues are down 0.86 So Tech taking a little bit of a larger hit day relative to the overall the market and the reasoning for that is things are weak but there is one sub sector that's holding on pretty nicely and that goes by the name of Black Gold I'm talking about oil. If you look at Exxon Chevron at Oxy, their oil is performing right now.

Oil related companies are performing and they're relatively large companies. so when that whole sector is up, it's gonna help mitigate some of the tech sell-offs, because remember what the Spy is? It's just a combination of 5 500 of the most influential companies. So yeah, there is some weakness areas, but the reason why Tech is particularly weaker. The cues are particularly weaker to the spies because the queues are measuring Tech while the Spy is measuring Tech and other players and some of those other players are holding on a bit stronger today.

Will that last? I? Don't know, because we have some crazy things going on, such as uh, potentially a massive massive civil war going on in Russia. You heard me right. In fact, seconds before we started this. obviously, if you paid attention to the morning stream which if you're watching this one, you should have watched that one.

And if you watch that one, you should have watched this one. Basically, don't be late to class. I Don't have to keep giving out the Mayors But anyway, over the weekend there was some wild stuff involving Putin and Evgeny I believe is his name the leader of the Wagner group, the Wagner Group which is a large mercenary group that Russia uses. they're using them in Ukraine and some just some wild stuff.

Well, apparently like right before I started this. Let me go to my retweets here: What did I see? What do we have? Russian Ministry of Defense intercepts two British fighter jets over the Black Sea potentially impacting ETFs like the spy and the Vgk so that was 20 minutes ago, so that doesn't seem the best and the AI system First repeat said geopolitical tensions can lead to Market uncertainty and impact the performance of ETFs like spy. The interception of British fighter jets by Russia May contribute to such tensions and negatively affect the Etf's short-term performance. Basically saying, the world doesn't like uncertainty and if we're on the edge of our seat of some larger conflict breaking out, well, yeah, of course the initial reaction is going to be negative because the market doesn't, it's uncertain about how serious it is or it isn't and we always tend to overreact.

Remember, there's a reason why in the market we have stairs up elevator down so just wanted to share that. But in terms of the market today, what is this? Putin says leaders behind failed Wagner Mutiny and Russia will be brought to Justice. Well, hang on, let's let's just sneak that in there. Let's sneak that in there.

but hold tight for one second. NASDAQ Falls To start the final week of June as Tech shares struggle, so it's the final week of the month, the final month of the quarter, and we are now gonna officially be halfway through the year at this point. So kind of, uh, it's halftime. we're getting it into half time.

We're gonna, you know, give each other pep talks and be like, hey, this is how we're performing hey I need you to do better. Watch this offense, watch that defense X's and O's on the board coach like that type of thing. We're getting to the end of Q2 So among other things such as like inflation reports, GDP reports all that good jazz. It's literally just halfway through the year we're getting into the summer session.

I Think there's going to be a lot of taking a step back and kind of taking stock of the full situation. But as of now, this year, really, from March until this point, you could argue from October of last year. Until now, things have been rippity, skippity Dude Out to the upside, this past week though, last week was the first red week in a while and we're not starting off the best now. and obviously we were already trending down a little bit lower highs, the lower lows on the major indices.

and then when you pepper in a little bit of this increased Russian conflict. Well, that's not really so good for the world, but I do want to just remind you since we are seemingly at a pivotal Point Remember the end of June From a seasonality standpoint, if you average all of these months together over many, many decades, this is roughly how things perform. It's not a guarantee of how it performs, but on average the seasonality of the end of June does typically favor the Bears. Basically, if we're looking at the final week here and then right at the final day.

from that point until the end of July, the Bulls definitely dominate. So before we get into the nitty-gritty of what's going on this week and today in particular, I Just want to give a friendly reminder to everyone that the end of June does commonly favor the bears. but obviously that's not an always. Sometimes it's not a noise because you have crazy news going on.

So for those of you who maybe live under a rock or maybe you just have a healthy relationship with the internet as in you're not Doom Scrolling on Twitter all day. Maybe you miss the fact that insane things happened over the weekend with this guy right here. Vladimir Putin The current President of Russia Who Who knows how long he's going to be the president? He's been in there for a quarter Century But recently there seemed to be a little bit of a scuffle of over the power in Russia and the other party was the guy leading his mercenary group Putin faces historic threat to Absolute grip on power in Russia And this all is because of Evgeny Priogzin whatever the hell his name is. Anyway, we finally heard from him today.

This is the guy leading the mercenary group who was allegedly leading a coup and it's kind of interesting to see how within a one day time period, everyone in Twitter somehow becomes uh, like a mutiny coup Russia War expert I Love Twitter because everyone is an expert in everything at all times. It's a fascinating app. Anyway, the guy who is leading the Wagner group denies he planned the coup says Wagner Will Survive once again, Wagner is the name of the mercenary group Evgeni Pragasen Pro goes and you Evgeni per goes and broke his silence for the first time since leading in armed Rebellion saying he wasn't trying to oust Vladimir Putin's government, but we'd keep his Wagner mercenary company going despite official efforts to shut it down. The march on Moscow by the Wagner troops to he within 200 kilometers 124 miles of the capital on Saturday was at protest amid Uh aimed at bringing the account those responsible for enormous mistakes in Russia's war in Ukraine as well as to prevent the destruction of his mercenary Group by officials we did not have the goal of overthrowing the existing regime and the legitimacy of the legitimately excuse me elected government.

uh I Feel like he's saying this in a weird way to kind of save his life like I feel like he's like, well, I've already clearly passed the line of treason and I don't think Mr Putin there is one who's like really accommodating for treason or something close to it. so I think he's kind of doing anything in his power. and I'm speaking of Evgeny at this point to like, you know, just kind of save face if that makes sense. I think he's basically trying to say uh, plea, please don't kill me Biden says U.S is not part of aborted Russia rebellion and it's too early to determine the cause.

We made clear we are not involved. we had nothing to do with him. This was part of the struggle within the Russian system of course. Russia doesn't buy that.

Uh, but this is the official statement from the U.S that we didn't have anything to do with it. The guy who led it in Russia Evgeny is saying hey, we weren't actually trying to do a coup at all Um, so obviously this is just attempting I would say like very legitimately attempting to save life of being like hey, don't assassinate me but as you saw from the breaking news we just got Putin says leaders behind failed Wagner Mutiny in Russia will be brought to Justice and another way of putting that and once again, this is breaking news I haven't had time to read it. It sounds like he's going to try to kill him if I just had to. Uh, guess this is criminal activity which is aimed at weakening the country.

This was a colossal threat. dude. if Putin the president of Russia is throwing around things as a colossal threat, it feels like someone's time's ticking it. just.

it's kind of giving us that Vibe you know, giving us that Vibe So right here. something to pay attention to. Obviously with Russia and Ukraine when that broke out in February of what 22 at this point uh, that had a huge impact on the market. So this is all something everyone should be paying attention to.

not just to be a good Global Citizen And be informed about what's going on, but especially if you're paying attention to the markets. Whether you're bullish, bearish, neutral, trying to invest in Anonymous Whatever it is, this is gonna have a big impact. Especially like the top obvious one is obviously the oil like price of oil crude oil. Uh so I'm watching that closely.

But among there you can also look at things like Boeing Lockheed Martin uh Raytheon Northup Grumman Like these are all defense contractors that if conflict boils over, yeah there's gonna be movement. So overall Market my prediction will be down the contractors, the defense contractors obviously going up I'd be looking at oil rushes obviously large supplier of oil. so if that stops because you know they're fighting, that would obviously Drive prices up so various things to pay attention to. You know what else we should be paying attention to student debt If You are paying attention to the Saga or if you have student debt yourself, you are gonna want to listen up.

The whole situation is coming to a head as we speak. There's a good chance that we get a response from the Supreme Court of do we have to pay the student debt back as we might find out tomorrow Tuesday So I hope you're listening to this in time. But beyond that of what is happening, what isn't happening with student debt? I Want to talk about how this could actually have a pretty adverse effect on the overall economy and thus the stock market? So here are the details. As of now, the fate of millions of student loan Borrowers is set to be decided this week the final week of June I Hope you're watching this in time.

It's a big week for millions of student loan borrowers. The Supreme Court is entering the last week of its term, and it's set to hand down all remaining decisions on pending cases. That means borrowers banking on. President Joe Biden's plans to cancel up to twenty thousand dollars in student debt will likely soon find out whether they will resume payments this fall with a reduction to their balances or if it will be thrown back into repayment without any relief.

The earliest the court could hand out a decision on the student debt relief plan is Tuesday June 27th with the option for additional decision days to be headed for the rest of the week. So basically we're going to be finding out pretty soon and obviously, individually, there's a lot of people wanting to know hey, are they gonna have to start repaying a couple hundred dollars a month or are they going to get to Coast a little bit longer? Is it going to be completely forgotten? There's a lot a lot of people who are currently in limbo I 100 feel for you and obviously it's a big issue. and beyond that as I alluded to before, I think there's going to be a huge huge impact on the economy and thus the stock market for it. So just for a little bit more detail: Advocates Of Student Debt Relief Want President Joe Biden to use a 1965 law to cancel student debt if the Supreme Court overturns his loan forgiveness program Biden's current plan to forgive as much as 20 000 in Federal loans for certain borrowers making less than 125 000 per year 250 000 per household is based on his authority in the 2003 Heroes Act A Supreme Court ruling invalidating the loan forgiveness program looks likely as the court issues some of its most monumentous decisions this week.

So as of now, if you were a betting person, it looks like Biden's concept of loan forgiveness won't go through. But I'm not saying that as a guarantee. it's just if we were odds makers, we would be betting on the Supreme Court knocking this down. so that's how things currently look.

But also, there's gonna be a fair chance that some of this changes. The restart of Student Loan Payments is going to pressure the strong U.S Consumer: as 34 of borrowers say, they'll be unable to make payments, so this is where there could be a huge legitimate impact on the economy. and it might also Drive some of the old stonk Market world. To the downside, the upcoming restart of student loan payments could begin to weigh down a U.S consumer that has been remarkably resilient over the past year and a half a week.

U.S Consumer Yeah, it would also help bring inflation down a little bit, but also with a weak U.S Consumer How we're going to be stimulating the economy, and then thus, that could have obviously bearish effects according to a recent survey of 2 000 consumers. By Morgan Stanley concerns over upcoming debt and mortgage payments has soared to the highest level since the survey began. The average payment is between 300 and 400. Based on various estimates, only 29 of consumers who have federal student loans are confident that they will have enough money to start making payments without adjusting spending in other areas.

Obviously I have more to say about this, but that's a large percentage of people who are like Dude where's this money going to come from Meanwhile, 37 of respondents said they will need to cut their spending in other areas to make the student loan payment, while a whopping 34 percent of respondents said they will not be able to make the payments at all. In this case, the restart of the payments will negatively impact low-income households the most. So I hope you can understand the seriousness of this situation. Obviously, we are going to be getting some sort of update to wrap up the week and the month of June here in 2023 and before I Get into sharing my own opinion on this I Want to talk about two things? But really I want your thoughts in a comment below and the first thing is, do you think it will also have a negative impact on the economy? I Don't think that's the biggest brain call out here.

The fact that money is currently going into the economy stimulating it, pushing it up and up and up. Obviously if people just don't have that disposable income anymore, well, that's not going to be the best for the economy or the stock market. So I don't think that one's too contentious. but hey, maybe if you have a different thought I Would love to hear it more so I Want to talk about this concept of the student loan payments, repayments, not paying it all that stuff.

In my humble opinion, Yes, there is going to be a negative adverse effect on the economy and the stock market when students have to keep repaying. But I'm not necessarily against them repaying. and I'm particularly against the fact of just forgiving all this debt. Now before you go to Up In Arms in my chat and in the comments, they're like, how dare you the government around all that stuff.

My whole point is: I Think the Collegiate system within the US and probably arguably the world is one of the most corrupt systems ever. I Think it is exclusively exclusively preying on people who are not of age to make serious financial decisions. It should be illegal at the age of 16 or 17 to sign up for six figures worth of debt when you don't understand what six figures is. I Believe that the Collegiate system is predatory.

That's my opinion, the amount of money that goes in, and the average payments that people get in terms of their salary afterwards, it simply does not add up. And if all of a sudden, we just forgive all this debt that doesn't fix the college system. So all of a sudden, if we're forgiving debt, but it was also in one way or another associated with fixing the college system, yeah, I might be more amenable to that particular idea. But as things currently stand, I don't see how we're fixing the root issue here.

If things he's like, we're almost putting a a Band-Aid onto a gunshot wound like we're coming in at the last stage, that doesn't fix the actual problem. So in terms of the payments, in a weird argument like I I suppose I kind of just feel like, well, it, this isn't one we should be talking about. The real issue is why is college inflating so incredibly much and yet the people who are going there aren't getting their dollars worth? I Think that's where the government should be stepping in and looking at the extraordinary costs of college and the extraordinary percentage increase of the cost of college. I Think we just need to reframe the problem opposed like it's framed in a way that I just simply don't agree.

I Think whenever you're fixing a large large problem such as this, you gotta start at the root. You gotta sort of the thing that initially caused it. You don't come in in the ninth inning and just be like, okay, we're gonna try to fix this part of it because inherently, it doesn't stop the problem. This is something we'll just have to deal with and deal with and deal with.

When in reality, if we're throwing around tons and tons of money, we better be doing it appropriately and fixing the actual problem. Now once again, I'm these are just my own opinions. so I would love to get your thoughts in a comment below. moving onward of how there could be a huge wait Is the market dropping right now I'm still in positions Ooh, Tesla's getting knocked.

Keys are getting knocked. What are my positions? What are my position? Holy shit. All right I guess I might as well show you now because like those like dingy things went off. Um, so here's what I did I picked up some Microsoft July 21st puts and I'm going to show you the daily chart.

but I'm seeing a daily chart breakdown a daily chart breakdown. So July 21st I got 20 of them Uh I got in at 249. they're trading at 262. this is the swing because I see I see a downside Gap though Uh Microsoft currently trading at 329, there's a gap still at 316.

that's where I want to take my money. Um, you might have noticed that I got out of those crazy positions the ones that expired today. There's no more for June 26 because like your boy locked it in for 10K plus profit got out of that and then uh basically I rolled forward into some other stuff. A little bit of a degeneracy for tomorrow.

Uh, obviously right here. June 27th I'm in at 55. they're trading at 75 so I'm up 2K there and then some. more of a quote.

Unquote legitimate play for the end of this week. I'm in a 117 and they're trading at a dollar twenty three so some new positions I still have my IEP swing I still have my Tesla swing so one new swing Microsoft swing IEP swing Tesla swing all all for July that's not degeneracy I did have degeneracy today and then I took my money on the generously and then I split it up between more of a legitimate play and just a little bit more of a degeneracy. But anyway I'm going to cover that. Uh, actually I want to take my money on this? Do I have any orders working I do to get out at a dollar? All right.

we have to go through this quick because I have nine minutes. So uh, we gotta take care of this blah blah blah blah blah. You know about Putin You know about the student loan borrowers and how that's going to be a whole issue and people are going to get really pissed. Morgan Stan Lee's Wilson says stock risks rarely been higher.

uh I Think if you're paying attention to the market, you kind of know that the second half of this year is going to be a little bit more bearish than the first half. We most likely have a lot of companies that are not going to be able to hit their earnings expectations. There's an increased risk of a mild recession. we're still fighting inflation.

The FED is still being hawkish. It's still engaging in quantitative tightening. It is not an accommodative environment. so I agree risks RI And it actually blows my mind how low the vix is the measure of the S P 500 and then kind of alluding to what we spoke about before.

when you sprinkle in some of this craziness of Russia and like how much of that could potentially boil over yeah I think risks are high I've been beating this drum ever since the Fomc meeting, but the fact that they're predicting two more rate hikes 225 bips most likely getting one at the end of July then probably either I think it's September is like the highest odds I'd have to double check that, but we're probably getting 50 more bips going up putting downward pressure on the economy. Yeah, I think they're going to keep going to a couple more things. Break on pause. Positive side: Biden announces 42 billion high-speed Internet initiative President Joe Biden is kicking off more than 42 billion.

Plan to give every American household acts as a high-speed internet by 2030. I Kind of like the sound of that that one I'm I'm a fan of that. Yeah, hell yeah. The initiative is the next stage of Biden's push to invest in America ahead of his re-election bid.

White House Officials compared the plan to Franklin D Roosevelt's effort to bring electricity to Rural America in the 1930s. I Do think that in America everyone should have high-speed internet. That would be a nice thing. So hey, I'll give them Applause for Applause are due in terms of this week, the final week of the month, the final month of the quarter, and also we're now officially going to be halfway through the calendar year and thus the trading year.

No major macro economic events today, but setting up for the remainder of this week, it's going to be fireworks. As I said like it's going to be a Prelude to all the Fourth of July celebration. Don't forget next week, no one's training on Tuesday at all because the Market's closed and the market closes early on Monday. So essentially no one's going to be trading on Monday.

So I Just want you to know that next week is a short in trading week. but for this week tomorrow morning at 10 A.M We get new home sales and consumer confidence. Uh, on Wednesday Powell will be speaking on Thursday Powell will be speaking and we get the GDP revision number and then on Friday We have actually there are more Fed members in here I don't know what's on this list I Think there's four Fed members speaking this week, two of which are the Chairman of the Fed, and then on Friday we are getting the inflation report the personal consumption expenditure. So obviously you've seen these before.

We know they have a massive impact on the market, so this is the major events to look forward to this week. I Also want you to know that there's some earnings I'll be looking at Micron and General Mills on Wednesday and also Nike on Thursday with respect to tomorrow Tuesday June 27th I Want you to know that the seasonality does favor the Bears I Kind of showed you that larger picture of how the end of June's Bears will tomorrow. Individually, the Bulls have won the day only 44 of the time. in the profit factor is 0.45 So as in every dollar spent in the bullish, Direction has only returned 45 cents.

As in it pays to be a bear when you're talking about this particular Training Day these the equity curve on the bottom of the screen. That's with respect to the Futures Market I Just find that it's a more complete set of data because it is on the Globex session. it trades 23 hours out of the day excluding Saturdays. So uh, that's how I like the look of it.

But overall I just want you to know that the bull Camp is going to be running into some headwinds Tomorrow based on seasonality while the Bears are going to be supported by Tailwinds and they're also going to be sort of ported by the fact that we are getting lower highs, lower lows clearly trending down. Now let's get a little bit into the world of degeneracy. How much time do I have I have five minutes? So maybe before we get into the world of degeneracy, let me look at my account because I think I need to do a little bit of management. Do I want to swing this? Oh man, that feels really stupid to swing.

That feels particularly stupid to swing orders I only have an order to sell 30 of those. They count. Got up to 59k today. You know what we're gonna do.

You know what we're gonna do I don't have much time to make these decisions. Do I Team Do I Do I Do I All right I have a hundred so let's do right away. I'm in at 55. Dude, you know what? Let's not.

Let's not be cute about it. Let's not be cute about it. Orders Cancel order Okay, uh wait. I'm gonna June 27th basically two two two seventy.

We'll sell 70 at 81 cents. Okay, so I just dropped 70 of the position I don't know what that gain is. 25. so maybe a 45 gain or something.

and then I have 30 more which are rocking into clothes. Okay I have 30 of these. Let's just see if we could get hit 95. are we going to hit 95 95 trading at 92? We're just stacking up a couple extra.

Billy's here now. Do I just want to hit the market with it and get the fuck out. Sorry I'm going to explain all of my positions I'm just trying to manage this one because we have like two and a half minutes till the market actually closes. Oh it's not.

Come on, we're so close. Two and a half cents. Do I Just want to hit the market. Come on.

come on. come on come on come on come on Come on, come on, come on come on come on come on the market is vomiting into clothes. uh I mean I did take quite a bit of the profit. Do I just want to swing it I kind of want to get this filled I guess if I have to swing I have to swing it is just two and a half cents.

Man, we are getting close there. but I have two minutes left. decision time, decision time. once again I had a hundred of these I I peeled off, peeled off, cancel closed position dude and now we get this bounce and now it's coming back anyway.

Oh come on, that was a pain in the ass I was close to getting the fill I was close I was close. All right. I don't feel like carrying this wrist. we're just gonna hit the market.

Probably gotta fill that 80. Anyway, I had 100 of those I dropped them but into the end of this week I do have 50 more puts right here June 30th, 4, 30. so I'll explain that in a second. So I have one for this week and then three swing plays July July July that's for Microsoft IEP and Tesla respectfully.

and then this week I have spy 430s which I'm gonna feel good about if we get a nice gap down tomorrow. but uh, bring in the account back up to where I should have been after that Tesla Play you guys saw the market open up where I was at 60k. well successfully bringing the account back up so a little bit of stress off of me for that. but uh, just playing this vomit um on I do want to show you the chart on Microsoft right here What? I see is a trendline breakdown.

It tried to catch itself at this uh and then all of a sudden we broke the low here at 332. so lower, high, lower low not recapturing the trend line and then the price action itself going below these the 10 moving average and the 20. they're both exponential, the 10 EMA and the 20ma. The last time we had that it was a fake out but like I just figured how many fake cuts are we actually going to have? So what I'm risking is 336 and my target is this down.

Downside: Gap bill at 3 16.50 but I'll probably take some of my profits here at 320 250 if it manages to hit tomorrow. but also I'll see how I feel. But anyway, I like my risk uh I got in around 3 30. so I was risking six dollars and then my upside is 14.50 So the risk reward I think very, very favorable to me.

So anyway, that's why I got into some swing puts against Microsoft trend line breakdown daily chart breakdown recent low breakdown and a nice downside Gap fill of the high on Wednesday May 24th just to recap the other swing plays IEP I saw it swung up I Thought it'd be breaking down more. it almost broke down today. it didn't unfortunately. So I'm waiting on that one and Tesla uh, you guys know that I'm already looking for this downside Gap though to 235 and then actually if it keeps going, I'll be looking at 222.

So thus far the Tesla one is playing out the way I wanted to once again Tesla Microsoft IEP they're all for July I have a couple weeks in these plays. They're not meant to be a day trade. They're not like as degenerate as as the zero Dte's I like how it's all kind of coming together for me. So I'm just going to keep riding until I see various Gap fills and in fact, I should probably start putting some alerts just to know if I should be taking targets.

so those are the swing ones. Uh, in a shorter time frame, You guys know what I'm looking at at the Spy It's as basic as this. I Don't think we need to over complicate it. lower highs, lower lows.

it's clearly trending down I see a shelf right here. it ran up and then we have resistance resistance resistance right around 429 429, 430. that's what I'm looking for. The market just closed at 4 31.44 so I'm thinking another dollar, fifty another two dollars and maybe I'll be able to take my profits on that.

but it's just basic Trend following lower highs lower lows. it's a setup of if trade. Obviously, you could have done the opposite to the upside. higher highs, higher lows great Great! Then all of a sudden Everything Changes on Tuesday June 20th and now we have lower highs lower lows I'm just trying to follow the trend and lately I've been getting really lucky with it so just wanted to point that out with all of you now.

speaking of getting really lucky, if you guys were watching my live degeneracy this morning, you know that's exactly what it was. You know that it was getting crazy crazy degenerate. So this morning uh, you knew that for today June 26th I had cue puts and I had spy puts expiring today. So the cue puts that I saw I was in at 92 that you saw I got out at a dollar and then the Spy you know I averaged down I had a hundred I doubled down to 200 brought my average to 73.

I got out of the first batch at 125 I got out of the second batch. oh no, no another 50. so I did 25 50 and then the final 25. the next 50 I got out at a dollar fifty and then the final 25 I just moving.

stop loss to break even and I got stopped out. So if you care about this information, if you want to know my winning trades, my losing trades if you want to know other people's trades, if you just want to know interesting things that I find and share here, join up with the goonie Community Macross.locals.com It's pinned to the top of chat. it's in the description of the video and you could see that I'm pretty much as I was trading these. You could see everything that I was doing in other people's thoughts and opinions on it.

Basically, it's just our private chat room type of a thing. So check it out Macross.locals.com There's a free version where I still give you all the seasonality and then there's a premium version where my trades and other people's trades are behind that premium. Meanwhile, it's only ten dollars a month as I mean I'll show it to you right here. I mean you guys can see my legitimate account just to kind of prove a point here.

Uh, here's my filled orders. So just to kind of prove a point of why I Personally think this is worth it. So if you look at the 23rd right here down on the bottom of your screen, you can see that those degenerate ones that I got out of today. Well, I got 50 at 110, I got another 50 at 89 to lower my average and I also got some cues.

So that's how I concluded the day on. Friday I had a hundred of spy averaged at I think a buck and then I had these cues the 30 at 92. then this morning I decided to be a real degenerate and double down. That's where I went from the 100, 50 and 50 another 100 at 46 bringing my average to 73.

So from 73 I unloaded 50 at 125. the cues I got out at a dollar and right here that connects to this one I'm in at 92 out at a dollar. So the queues were completely closed there. The spy at this point I covered a quarter of the position and from there you could see where it got filled.

You could see that right here. A hundred of them got filled at 150 and the other 50 got stopped out at break even at 73.. Uh, then some of the other wild stuff I did. this is for a little bit later.

This is for this week's um, June 30th. This Friday at 4 30 puts I'm in at 118 or no excuse me 117 I'm still swinging that. In fact, where is that right now that is currently up three percent. It's trading at a dollar twenty.

so I'm barely up on that. And then the other things I did today. Uh, 50 at 62, 50 at 48 and then you guys saw me unload it at 80 and 81. Uh, so whatever return that is I believe that's a 40 return.

And then here's the Microsoft ones that I'm swinging. So I'm doing this. obviously you can't copy it in real time I Don't sell signals I'm not selling buy signals or sell signals or anything like that I do this just to be honest because I think there's too much in the world of content where everyone acts like they have winning trades all the time. like somehow some dip shit 20 year old is the best Trader on the planet, better than every hedge fund ever and he's making money making money making money that's not real real Traders win about 50 of the time in fact, really good Traders are in the realm of 40 to 60 and the only differential is the risk control.

The reason I go through this of showing you my actual trades my actual account is to show you what it's like being an actual Trader I don't want to I'm not an expert Trader Don't think of me an expert Trader because you guys see some really, really bad trades. In fact, if you have some time, I highly recommend you check out the stream for them this morning because I was doing a psychoanalysis of myself of even though I ended up making money if you do the math on that today. I made 10.5 K I made 250 bucks on the cues and I made 10 0.2 K on the Spy trade and actually a little bit more so I'm probably I don't even know how much I made on that final trade. Um, but it's probably up over 11k today.

What was I in at and I remember my average but I sold all those at 80. uh I made over 11 made somewhere between 11 and 12K today. That's a good day. But you've also seen me the days where I lose 11 or 12K or 20K or when I go up huge and then I lose it all.

that's actual training. There's too much of this like bullshit going on at people trading paper accounts and it's always Monday morning quarterbacking like have you noticed that? Especially like on Twitter on Reddit on all these Services it's always magical like afterwards. like look how I did they're not in real time like doing stuff in real time in the world of trading is exponentially different than this. Monday morning quarterbacking.

and if there's one thing I could do with my platform besides spreading a couple haha's hee's and some good vibes I Just want to show you that like that stuff is bullshit. all these people Monday Morning quarterbacking deleting tweets this that cherry picking their own trades that's not real. it's bullshit. it's curated.

You can tell them that I said they can go fucking kick rocks because it's bullshit when the best traders in this world are only winning half the time. You want me to believe that some fuck face 20 year old is all of a sudden crushing a hundred percent of their trades and knows something that no one in Wall Street has ever figured out before. We for people to be successful in this game, you have to properly understand the game you're playing. and sometimes this social media like jerk off session.

it's fake. It's false. It's not real. They're acting as if they make money every single day that is not trading that is not actual legitimate trading.

And the reason I know that is because even the best people in the world can't pull that off. What it is is you have to understand going into a trade. Most of the time you're gonna be in the realm of the 50 accuracy. You're gonna lose half your trades.

So for you to grow your account, all that means is you need to take care of your reward to risk ratio properly as long as you're doing that. That's how you slowly but surely grow it. and don't worry about the size of it because I believe as Buffett said. or maybe Einstein probably buff it.

That uh, compound interest is the eighth wonder of the world. If you have a small account, but you're continually growing it at a percentage rate, it will very rapidly become a big account. So don't worry about it. Your goal should not be magnitude, your goal should be percentage, just slowly and surely get nice percentage growth.

And also don't fall for all these jerk offs on the internet who are telling you they make money every single day because no one does that. They are completely full of shit. So if you want to see my winning trades am: I losing trades and other people in the communities winning and losing trades, check it out. But obviously with that I mean I got crazy lucky.

but 10K at 100 a year I like 100 a year you would have just paid for the community for a hundred years. So basically we would be together until you die if that's something that you're interested in. but I think it'd be pretty cool. Um, before I let you go today.

Man, that market really broke down. uh and seasonality. tomorrow's bearish. I'm feeling good about this.

Uh, I'm definitely feeling good about this. But anywho, before we go do does anyone have any questions? Let me bring up all the chat. I want you to know about that new trade the Microsoft trade so on a little bit longer duration Microsoft puts IEP puts and Tesla puts and then I have spy puts for this Friday some at 4 30 and then another account. My Interactive Broker accounts I have some at 425.

those ones are deeply underwater and I'm basically just trying to like catch up so those like don't blow up the account on me. but I do like the 430s, especially because of how weak the Market's been today. Microsoft Finally shown weakness Tesla Finally showed weakness Apple Finally showed weakness. We're getting to this point that over the past two or three weeks we're finally showing weakness.

and it just takes either something in Russia to pop off go negative or a bad inflation report. a bad GDP report. Uh, a bad speech from Pal to really send things down. So that's what I'll be looking for for the final week of June Obviously the final month of this quarter and we're going to be about halfway through the year.

So any question, comments, concerns BC Or we say peace out while I'm waiting for these to come in. If you guys want to help me out, don't forget to like: And Subscribe Smashing The like button is Free Smashing the Subscribe button is free I Do appreciate it. It honestly means more to me than you could possibly imagine. It helps out I Mean it's ungodly helpful when you guys engage in any way when I post videos if you leave a comment like it.

I cannot articulate how good that is on both Rumble and YouTube's algorithm. So not only for me, but for any of your content creators, you don't have to necessarily support them financially. But if you want to help them out, liking commenting, subbing like that shit really really goes a long way. Uh, what do you think about AI puts I feel like I missed it I mean AI started breaking down last week I feel like I'm just a little late to the party on that one uh uh am I correcting the post place on locals D Wolf I believe so I think I saw some of yours I think I dropped like you've been trading the spreads right? d-wolf uh I think the wolf's uh SPX are either spy uh, spreads, uh some credits spreads that you've been crushed and taking 100 of the profit I Believe uh uh, what's that? What's that? What's that? When is pal speaking next Wednesday and Thursday So Wednesday of this week and obviously we will be streaming that one streaming that one.

All right folks, looks like things are slowing down a little bit. That's what I have for you today. I appreciate all the Good Vibes I Do want to give you a special shout out if you made it to this point in the video that: Evergreen Channel Big old interview dropping tonight. Uh, so if you're on Rumble just go to the normal mad core Channel where you're watching me right now.

but on YouTube it's a whole different Mac course it has about 500 subscribers right now. there's only one video with Tom Nash But at 6 15 tonight, a whole fresh new interview is dropping. so make sure you check it out. And obviously we could talk a little bit more about it tomorrow.

But 6 15 tonight? or is it 7 15.? it's either 6 15 or 7 15. Anyway, big old interview. Drop in tonight and I Got to do an interview with a hedge fund Trader who not only runs one, but runs two hedge funds and they both have different options trading strategies. So this guy who was a retail Trader started trading in 2008, started taking it really seriously in 2017, opened up his first hedge fund in 2018, second hedge fund in 2020.

It's all option strategies and he shared some of them in the interview and his mindset on training that is dropping tonight. it's going to be on the normal Rumble Channel and then also on the new YouTube channel. If you care about that, that's what I have for you. Thanks for the good vibes I'll catch you in that video tonight and then we'll be streaming tomorrow.

Morning 9am, bright and early. See you there! Peace out Thank you Foreign.