Thank you Foreign Okay Goonies Goonies Man oh man oh man oh man. Welcome back to another episode of the Matt core show. This is gonna be a little bit of a different one and we're gonna go through some of the normal stuff that you've come to expect and love and it's the reason we have so many returning viewers. But we're also going to do a little bit of different stuff in this particular show. Um, so here's what you need to know. Here is what you need to know. The USA is dominant the best to ever do it. And man oh man was I on the edge of my seat for what all 95 99 minutes of the US's dominance over Iran where we ended up winning 1-0 So we're going to be talking about that. We're also going to be talking about how I'm making my Swift return if you will to being the best sports Gambler of all time. So shout out to Team USA We made it out of the group play and we are going to be facing the Dutch on Saturday. We'll be going against the Netherlands team. So a little bit about that a little bit about the markets, just some. It was actually kind of a quiet day in the markets oddly enough. so I'm gonna get through that and I kind of want to go through it actually kind of quickly because what I want to do is make some call outs, some active trades that people might be able to participate in in the month of December Yes You heard that right? Uh, but as we are here closing up November I want to find some trades for you that we could all engage in if we so choose in the month of December and we're gonna back it up with some math and a little bit of surprise because I am not good at keeping any secrets before this in the midst of the craziness with the soccer game right before the soccer game I Did an interview and it is an absolute bombshell of an interview where we talked about the insanity, fraud, greed and everything related to the world of FTX another insane Short play that you might be interested in known as Silvergate and we also talked about some of the newest developments with AMC um so big big interview the Mark Cohotis gonna be dropping this evening, so be prepared for that literally. as we're speaking right now to everyone who's watching it in real time, the editor is working on it as fast as he possibly can. It will be coming out tonight and there is some ridiculous ridiculous stuff in it that you're gonna like you're gonna want to hear it. maybe you won't like it, but uh, it's gonna make you feel some sort of way. So an absolutely insane Tuesday and hey, you just never know when you're gonna wake up in the morning and have one of these absolutely ridiculous Tuesdays But with all that out of the way, let's get rocking. Shout out to today's stream sponsor: I'm talking about the Mac Coors Locals Community If you're not signed up for it, sign up for it. Uh, it's basically like a super Advanced listserv private group type of a thing where I could get your email I Can I only use that like every once in a blue moon, but we can post there I Can post there. you can post there. we do super secret cold streams on Sunday That's where we talk a little bit more about our Sports gambling. But anyway, join the Mad Core's Locals Community Macquares.locals.com It's pinned to the top of Chat it's in the description of the video. It's free and there's also a premium version that's ten dollars a month. Now, if you want the premium version, but don't want to pay the ten dollars a month, use the code Moon Gang M-o-o-n-g-a-n-g All one word: Make sure you're on locals at least minimum in the free version because it ensures that I'll be able to reach out to you in case I get murked off of the internet. So sign up for Locals if you want the premium version. Uh, it's ten dollars, but if you don't want to pay that, just use use the code Moon Gang when you're signing, signing up for the monthly option. So shout out to all that uh and shout out to the locals crowd that is already in here. and now let's get rocking with the show S P 500 and NASDAQ closed lower for third day as investors look to Fed chair pal speech I Alluded to this a little bit this morning and also in last night's show, but the rest of the week we have some big announcements coming out. Uh, big big announcements investors are watching for data coming later this week including Jolt's job openings on Wednesday in November payrolls Friday We also get the GDP report for insight into how the economy is performing. They are also waiting for the Fed Chair Daddy Powell Daddy Jerome Powell he will be speaking tomorrow Wednesday And everyone's going to be looking for Clues into whether the Central Bank will slow or stop interest rate hikes now. I'm gonna probably tell you the answer straight up right now. Uh, because we haven't been seeing the FED really deviate from the things they've been telling us ever since the Jackson Hole meeting. They're going to slow it down, but they're not going to Pivot They're not going to start cutting interest rates most likely until the backside of 2023 at the earliest. I would be saying okay Recently, we've been getting a slew of 75-bit rate hikes. Just so you know, the next time we're going to find out is mid-December December 13th, 14th. That's when we find out the next Uh rate hike from the Fomc meaning conclusion: Probably not going to be 75 anymore because inflation's still way too high, but it is coming down. It's trending in the right way and obviously they don't want to overdo it because if they overdo it, we could go into a pretty Seer series recession. So if I had to guess right now, the commentary is going to be like hey, uh, we're taking in data points as they come to us and we will react appropriately. but we do believe that there is current cause quantitative cause to slow down our interest rate hikes. That's what I'll personally be looking for. The market has shifted focused from the conclusion of the third quarter Earnings Report season to now additional factors that are likely to influence the Federal Reserve In the December deliberations, investors are clearly focused on the path ahead rather than looking in the rear view mirror. So right now we're done with the earnings season. The FED is basically going to be on everyone's mind as we come into the end of the calendar year uh, kickoff December finish out the last month And also just a note here and this will be important later in today's show is don't forget the Santa Claus rally Seasonally, it pays to be a bull in the In December and really all the way up into the first week inclusive of the first week of January. From a seasonal perspective, looking at the past two to three to four decades worth of data, it pays to be a bull in December Does it pay to be a bull in every single? December No. But if you're just looking at that as a system, a series of bets, you're going to want to bet on being bullish. Just want to throw that out there. So for those of you who like your coloring books, kind of a mixed bag, we saw energy bouncing back. Remember, there was kind of some craziness in China we'll be talking about that and then also, it basically looked like Supply was going down. Demand was going up well, it very quickly switched and today people are like whoa. Maybe China will take a step back I'll be talking about that I don't think it's quite going to go that way, but they're like, okay, maybe China will calm down so demand goes back up. And then also the recent murmurs out of OPEC particularly Saudi Arabia they're talking about a production cut. So all of a sudden we went from Supply up demand down to in 24 hours demand up Supply down. And that's once again why we saw Energy Pop. But we'll be getting into that in a little bit. and also crypto. We probably haven't seen this much green in crypto in a hot second. so I think we should. Oh, take a little moment to just kind of enjoy the fact that maybe just maybe Bitcoin has like kind of stabilized a little bit. Here's a quick look at Bitcoin bouncing off of the low 15s now just below 16.5 A higher low I like that uh, theorem is showing even more strength clearly at this Wall of Resistance at 12.50 and then just so you know, guys know what's going on in the equities. Market spy slightly red today, unfortunately bucking the trend of a turnaround Tuesday We're really going to be getting into details on that later, but overall not too much of crazy movement if you ask me right now of like if you don't want to know the breaking news or the other developments of the day and if you're here just for stock talk I'm looking for the upside Gap Bill to 401 54 and I'm looking for the support of 393. if we get the Gap though, we could go higher. if we break below this trend line and also the port at 393, I'm then watching 390. if we get above 401.50 I'm briefly watching 405 on an intraday I guess perspective. but really I'm gonna then be watching 408.50 so that's my main watches for the overall Market Crypto looking strong. So right now things are in the middle Now before we get to all the breaking news and the insanity that maybe you missed in the market today I Just wanted to have three interesting things that maybe you quickly overlooked. There is a horse that is born black but turns white as it ages. The lip is in I hope I'm saying that right to any of the horses that are watching. This particular stream can be found in European countries such as Austria Croatia Hungary and Slovenia um this account that I follow. that's just random facts. a lot of them seem to be animal based and I have to admit that's kind of crazy to go from like jet black to like pearl white I just I just thought it was cool and I wanted to share it with all of you scientists. Revive 48.5 000 year old zombie virus buried in ice. Now there's a couple things that happen throughout the day that you're always thinking to yourself, maybe I should have done that. maybe I shouldn't have done that. but on this particular note, I Don't think any of us have been so so dumb to revive a 50 000 year old zombie virus like this is the headline that starts a like dystopian Future movie of like what could go wrong here. Let's just bring something back to life that the ice ages took out previously. What's gonna go wrong So uh yeah, whatever you did wrong today, just realize that you could have made a worse decision. That's the only thing I wanted to share and number three. America America uh America So yes, the USA men's soccer team made it out of the group stage by beating Iran Uh so we will be playing the Dutch Netherlands Saturday this upcoming Saturday So in like about five-ish days. Uh so Christian Pulisic kind of the star of the soccer team. He scored in the first half. Unfortunately, the way in which he scored I guess he was out for the entire second half. Uh, right now he's still in the hospital with some abdominal pain or that's at least what's being reported. At the end of the game, the coach was unwilling to give any form of an update so we won. but it came at the cost of kind of like our star offensive player. Uh, so obviously hopefully it's a very quick, speedy recovery. But yeah, he was out for the entire second half and I guess he sacrificed his body for this particular win. So a big big win for the U.S and also individually a big win for me. Back to being the best Sports Gambler of all time. My gambling account it was looking rough and you know what? I had to do I had to take my leftover 2.25 units and I put it all on the line I put all the money on the line and I bet on America because that's what you do ever since 1776. The main thing I've learned is you bet on America and that's what your boy did and it paid. The only thing I don't like about this scenario is I should have bet 1776. I should have bet that amount but it wasn't in my account so I really couldn't have done it. Uh, but anyway I bet my entire account I went from a thousand down to about 270 for some reason I guess there's like some sort of like difference there and I couldn't bet absolutely everything but I bet the amount they would allow me to bet. So I basically put the entire account on tilt and it pays to bet on the red, white and blue. So shout out to the men's soccer team! Very excited to see how things play out on. Saturday Now let's get a little bit more of a stock talk. Fed Chair Jerome Pal is once again the center of attention for markets. So the big thing going down tomorrow, among other things is this guy daddy. Powell the guy who controls the entire Market If you were sitting there wondering why did the entire Market rip, why did it rip faces off in 2021 when everyone was stuck inside what was going on here. Well the answer to that is this. this guy right here. This guy is the reason the market ripped, ripped ripped and the particular practice that he employed is called quantitative easing. Another way to say that is he basically took uh in total just under now nine trillion it was 8.9 trillion dollars was forced into the economy by the Federal Reserve I Believe four point or four to five trillion was in this period. The other part of it was during the whole 2008 financial crisis just to like you know, cross RT's doubt her eyes type of a scenario. But anyway, they're like hey, we're going to make a bunch of fun of funny money, like we're gonna go to our computer type away and we're gonna make money and we're gonna put it into the economy. And that's why the market was ripping ripping ripping. Well, you know what happened in January They went from a thing known as Quantitative Easing also called QE to a thing called quantitative Tightening shorthand QT and that's been this whole thing of we're not putting money into the market anymore, we're going to raise interest rates, and all of a sudden the FED is the life of the party is now the Debbie Downer And that's exactly why we've been selling off. And the golden question for this bro, or whatever you want, your brownie, whatever we want to call them is how much more quantitative tightening are you gonna do? What's going on? What's your plan? How aggressive are you going to be? So the market is anxiously awaiting the commentary tomorrow, among other macroeconomic reports. to get a better idea of how much more pain are they going to push on us? And just so you know, the pain that's being pushed upon us is to fight inflation. So they're trying to lessen demand so we don't get into a situation of hyperinflation and stag inflation. They're trying to front run an even worse scenario. I Think the best metaphor here is you take chemo, which is essentially poison to fight off the worst disease that is cancer. So right here, the question is: how much more chemo does the American economy need? Uh, in this particular Financial doctor's opinion? Uh, beyond that, that's going to be going down tomorrow. Uh, Today we get the Consumer Confidence index that came in slightly higher than expected. Very slightly higher than expected. Uh, when the market saw this, there was an early pop. But then by the time we got to the midday session, the market started selling off. So beyond the Chairman's comments tomorrow, Jerome Powell we're going to get the GDP revision. The expectation is 2.7 percent. We'll see if that's right or not. That comes out an hour before the Market opens. We get jolt stuff related to jobs. There's other fed people speaking so big day tomorrow. Jerome Powell Speaking at 1 30, uh, 2 P.m we get the beige book A lot going on tomorrow. On top of that, for any of you who missed it, don't forget, apparently. Sam Bakeman Freed is speaking tomorrow at the Deal Book conference by New York Times but more on that in just a second. and then a wrap up this week on Thursday we get an inflation report known as the personal Consumption expenditures. We also get other job things going on, and then we get the unemployment report on Friday. So basically Monday and Tuesday A little bit crazy, but not the most nuts. Uh, but Wednesday and Thursday and Friday of this week? Absolutely nuts. So get ready for the volatility to go through the roof. Speaking of which, it's not being made any less volatile by what in the world is happening in China China Tells vaccination progress as it seeks reopening path. encourages booster shots for seniors you know, that seems pretty benign. Kind of has the vibe that ridiculous stuff isn't happening when in reality a lot of absolutely ridiculous stuff is happening. China still hasn't officially addressed The Anti-zero Rona Protests that have swept the country. We covered this yesterday and in fact I covered it to the point that YouTube didn't like it at all and that video is now fully demonetized. So shout out to Rumble for not demonetizing it because I'm literally just covering what's going on in the world, but the situation there is a legitimate populous Uprising and they're losing control and all right. I'm not going to play the volume because I Think that's what got me in trouble yesterday, but check this out. Uh, the police drones are everywhere. stay at home, follow orders or we will arrest you. I Mean, if anyone questions why it's so important for the U.S to not only have Free Speech but for everyone to kind of buy into that concept, check out this dystopian nightmare that is literally going on right now. They have drones going around saying like listen to us, stay at home or we will arrest you And then also now that there's been various protests, police are randomly stopping people and asking to check their phone to see if they have in any way been involved like they're just going through their phone, They're literally stopping people saying let me see your phone and they're trying to see if there's any involvement whatsoever in the recent protests. And if they find I guess what they would Define as incriminating evidence on their phone, they end up just erasing them. This is happening right now folks. This is what is going on. and obviously in my opinion, it's very Humane And that's just what's here. Imagine if we started talking about uh, the Uyghur camp. So like what the basically the Muslim internment camps in China and one of the most insanely frustrating things I See about all this is you have uh, the MBA LeBron James Apple Everyone loves to Virtue signal. Everyone loves to point out how just like good of a human they are and they're fighting for just like their fellow man or woman. and then they're like no, no, no, but it's cool. Let's just forget what's going on in China which is so insane. So they do like kind of piss-poor virtue signaling for things that occur here in the U.S And then when there's like massive massive atrocities happening in real time in China they like I can't say I can't say whatever I can't what's going on over there never heard of it before. Blows my absolute mind. Apple to lose 6 million iPhone Pros from Tomo at China plant and on top of it, things are getting so bad. I mean just yesterday Apple lost 115 billion in their market cap. They lost even more today ever since basically diving from 152 down to 141. Uh. I was calling out to everyone this is on locals. Another good reason to buy on locals is where I like do specific plays I told everyone how much I like a 152 by 155 call Credit spread you sell the 152 you buy the 155 I was talking about the December monthlies. thus far that play is absolutely printing which means Apple is Running Scared Foxconn which is the factory that Apple employs to create their iPhones offers more bonuses to win back iPhone City Staff and it seems the the early opinions of this is it's not changing many people's opinions. Foxconn Technology Group is offering workers who left the complex between October 1st and November 10th an extra 31 420 an hour on top of their regular wages through December and January as well as returning bonuses of 500. They can get a 3 000 bonus for saying 30 days plus another 6 000 Uh in January if they work 23 days or more. Just just ridiculous. Basically Apple's putting the pressure on Foxconn saying hey, get your people back or we're gonna go somewhere else and it's just you're just seeing complete chaos ensue from the populist uprising of what we're seeing going on in. China It started kind of with a fire where people uh, died Unfortunately they lost their life to the fire and it was all because of the zero policy and basically they refused to try to save their life and then just like put political unrest and we're seeing it quickly spread throughout cities and we're seeing all the dissent with people with just plain white paper. Uh, the whole situation is absolutely ridiculous and I have to tell you I am pulling for The Average Joe's over there I am pulling for the populace who are literally just fighting for super basic human rights that there's a really good chance wherever you're watching this from right now, you're taking it for granted. Very, very high chance of it overall. Between the FED macro and economic reports and also China people are saying where's the market going Well, here's a couple opinions from bigwig analysts at respective: Banks The stock market will fall 25 when the looming U.S recession hits in mid-2023 according to Deutsche Bank major stock markets will plunge by a quarter when a looming recession hits next year. Analysts also see earnings per share among the S P 500 companies to fall to 195 in 2023 from 222 in 2022. So overall, a pretty kind of noteworthy hit that Deutsche Bank is calling out for. And they aren't the only ones the stock market could call 24. I Just like to think that they were on the phone with each other and it was almost like you were cheating in class. Like imagine if you just did homework with your friend in college and like, well, we gotta switch it up a little bit. We don't want them to think that we work together. so Deutsche bank's like cool I'll say a quarter and then a Bank of America why don't you just go with 24 So no one thinks that we're like coming up with the same answers here. The stock market can fall 24 in 2023 as the Fed's balance sheet reduction Sparks liquidity risks in odd places. So when we're talking about liquidity risks and balance sheet reduction, that's the whole quantitative tightening thing. quantitative easing. You have their balance sheet absolutely ballooning because they're just buying things and it goes onto the balance sheet with the funny money that they just created out of thin air. Well, they're trying to do what's referred to as balance sheet normalization and obviously balance sheet reduction like one in the same thing. They're trying to get rid of those assets that they bought and all of a sudden, if you're selling it into not the strongest economy, you might have some liquidity problems. And last but not least, Jeremy Siegel says a recession is virtually 100 assured If the Fed keeps hiking rates next year Jeremy Siegel might be right with this. but I think we are going to get one or at least two different rate hikes? um I'm feeling confident in one. I mean in December we'll probably get 50 bips and I think they kick off 2023 as of now, according to the CME watch tool, basically it's doing an analysis of the bonds Market of what people are betting on in world of bonds interest rate Shields All that good jazz. Um, early 2023, most of the market is betting on at least one rate hike. So as of now, people are thinking 50 bips, half a percent, 50 bips in December and then the kickoff 2023 we're probably looking at a quarter also known as 25 bips. So between Jeremy uh, Siegel between Bank of America between Deutsche Bank a lot of Doom and Gloom out there and what I want to point out about all of this is they're basically calling for the pain to get worse, but also conclude in 2023. So to kind of spin this Doom and Gloom narrative I Want to share my opinion with all of you of how I think 2023 is going to be an absolutely phenomenal investment opportunity? Here is my current thoughts: Wait for the rate hikes to kind of stop? Wait for the pause to occur. Wait for the first Fomc meeting When they're like, you know what? we're not going to do it, we're going to wait to see how things play out. And that's exactly what I'm gonna dollar start dollar cost averaging into my favorites my favorite blue chip stocks most likely Bitcoin and I'm gonna prep to dollar cost average whether you want to do it at the start of the month, the end of the month, in the middle of the month. Whatever it is. I Think a very solid plan and this is just my own opinion. do what you feel is best. I'm going to dollar cost average over a six month period that six months. Whenever they stop rate hikes, I'm going to be looking at the next six months and that's where I'm gonna pick up my favorites, ideally on discount and I'm gonna be putting them into my long-term account I Think the bottom will occur somewhere within that window and if it doesn't I think it's going to be close enough that when I extrapolate out a decade, two decades, three decades, It's Not Really Gonna Much matter. So even though this all sounds super super negative and you're probably thinking like, oh brother, what's going on uh, I think for us, it's actually going to be a generational investment opportunity. so I'm actually pretty Keen for it. Obviously the people who aren't ready it's going to be Doom and Gloom and people are unfortunately going to lose money in the market, they're going to lose jobs. I Mean we're already seeing a bunch of tech I mean I think 270 000 tech jobs uh have been mixed over the past year and the number keeps growing and growing and growing. but people who are ready for it? Well, with the heightened volatility, you can actually make quite a bit of money. We got some big developments in the world of FTX and the FTX Saga that has dominated the new cycle. U.S House Committee sets December 13th date for FTX hearing and the event is entitled investigating the Collapse of FTX. So December 13th mark your calendars. you can bet your bottom dollar we will be streaming the entire thing because it's gonna get nuts. and that also reminds me about this tomorrow. we're talking the 30th. This guy, this fraudster, this guy who will go down as probably the culprit related to the largest financial crimes ever. Sam Bakeman freed founder of FDX will apparently be speaking with Andrew Sorkin at a New York Times event. And if you're wondering about the price tag for this talk where you get to hear all these people talk uh, 2.5 thousand? just a cool 2.5 k. I mean Zuckerberg Zielinski Yellin Pence This is like the who's who of people that should probably be behind bars. uh Gonna Be Wild Gonna be absolutely wild, but yes, that's going down tomorrow. Uh, based on my like research of it I Don't think it's going to be live stream if any of you think it's going to be live stream or if you have knowledge I mean it's expensive so why would people just pay to sit there opposed to like a free stream? So I don't think it's going to be stream but if it is going to be stream uh, we're 100 going to be streaming it. Just in bankrupt crypto lender Blockfi says they have 355 Million worth of cryptocurrency stuck on Ftx's Exchange So just yesterday they officially filed for chapter 11 bankruptcy and now they are coming out swinging bankrupt. Block 5 has launched a lawsuit to get Sam Bakeman free to reportedly hand over Robin Hood shares so he owns just over seven percent of hood. It's kind of funny that one of the biggest fraudsters ever is a big investor and one of the biggest piece of shit brokerages ever. I I Just find that to be a little bit humorous myself. But anyway, uh, Blockfi wants them to hand it over and it all is because of this. Blackfy has 355 million in crypto Frozen on FTX And according to the attorney, they're saying this is against the deal. You got to free some stuff up. We intend your honor, as we noted in the pleadings, to quickly file a motion to allow customers to withdraw from their personal wallet to the extent they so wish because we do not believe that is property of this state So locked up Wallets on block Fi somehow related with FTX because FTX was a accreditor to block five. Basically a lot of legal mumbo jumbo, but if the judge allows this, people who are on block by, you might be able to get out. which if you get that opportunity, take it I am begging you to take it. I mean ever since the whole Voyager thing, the main lesson we've all learned is self-custody is the only option. Do not trust in these yield products Don't keep your money on Exchange I don't care what exchange you bought on I mean I Believe many of the people in the audience know this I was associated with FTX from January to June of this past year and I just didn't know I didn't know what I didn't know and I don't think many people did. The amount of VCS Auditors Uh, big banks that like had no clue about the fraud because that's what it was. it was hidden fraud. it was clandestine fraud. um I guess I feel a little bit better per se I mean obviously it's a brand reputation hit. it's an embarrassment. Um I'm happy that by that point, because of what I learned from Voyager that I was always keen on self-custody but going forward I mean whenever we talk about anything crypto, I'm still a fan of Crypto, particularly Bitcoin and Ethereum particularly Bitcoin But that's not going to change my opinion of where it can sit. Self-custody is the way to go and I would even take that a step further and say most of your crypto should probably be in. Cold Storage Not connected to the internet. Another one bit the dust today. Bit front is the latest alien crypto exchange to shutter following Ftx's collapse. Uh, that's what you need to know I Don't think many people were particularly using Bitfront, especially in our audience here. Uh, but if you were I mean my heart goes out to you. This is like some super sad stuff, but the contagion is still spreading now. before we get on to the next. Story Related to all of this I Have to ask: do you guys still bullish on Bitcoin in here? You still? I Guess optimistic about the future of some people call it digital Gold because this on again, off-again Wall Street Legend Thinks that Bitcoin will still hit one million by 2030 and benefit from the FTX collapse we're talking about Kathy Wood Who is the architect of Arc invest uh, many at one time super popular ETFs and now she. They fell as quickly as they went up. so uh, mixed opinions about her I suppose by the investing community. this is what she recently said. If anything, we think this cycle has benefited. Bitcoin Sam Bakeman freed didn't like Bitcoin because it couldn't be controlled. It was decentralized, open, transparent, and the antithesis of what FTX was. Uh. Also, just FTX was complete fraud in my non-legal opinion. Bitcoin And Ethereum I would have had distinguished themselves in this time period as some of these opaque, closed, centralized ecosystems have gone bankrupt gone down. Crypto is the new asset class we still expect Bitcoin to benefit I Think when this story is told and the AHA moments take place. Wait Sam Bakeman Freed did not like Bitcoin Oh, for a reason, What reason? this is the reason it might end up adding to credibility, we'll see. Uh I mean I know a lot of people in here, you have feelings on Crypto I Know a lot of people are still supportive just based on the polls that we've run. um and I guess for myself and for all of you all this together I Hope this is true I hope it goes higher. Uh. but I mean we have quite a room to run if it's going to 1 million because I mean we have about seven years to really get this thing. Rock and so we'll see how it goes. Speaking of another asset class, oil prices will hover near 90.

in 2023 as Russian production bounces back to pre-war levels. so a lot of talk has been going on in the world of oil lately and oh wait, where'd my drawings go? Oh, here's some of my drawings of my call out of this region of support and thus far we're bouncing right out of it. Um, if you're for whatever reason, bullish on oil, if you have a similar thesis to mine of oil will be going up. Not a bad time to get in because you can risk this recent low. and if you're right, even if you just ride it back up to the resistance here at 94, not a bad deal. Now you don't have to play crude oil petroleum directly. you could play it through Exxon Chevron Personally, I'm playing it through Occidental Oxy and my reasoning for that is basically it's also backed up by Buffett and they have some other technology things going on. but as oil is bouncing, obviously, these plays are also bouncing. So Oxy finding some support at 67 I'm just about above my entry price I Got in in the I believe the 68s, but on top of that, we've been talking about some put credit spreads, some bull put credit spreads I believe we're on the third or the fourth one and thus far they have all been absolutely printing I Believe the most recent one was selling the 65, buying the 62 or it was, uh, it might have been selling the 62 and buying the 60. whatever it is I think both of those are actually still going to end up hitting. To wrap up this part of it, the Knives Out sequel Glass Onion could have been a box office hit if Netflix had lit it, So I believe there's going to be a whole one week theatrical release and not that many studios. Uh, Four Knives Out and unfortunately, this wouldn't have been a big one. It's I mean the first one. Uh, what was it? Uh, Knives Out SQL or Glass Onion So Knives Out was popular. Apparently Glass Onion is going to be as popular, but for whatever reason, not going to the theaters which is putting more pressure on Place such as AMC see and I mean you can tell that the company itself, the leadership team is really starting to feel the pressure. They're getting into the world now of selling merch. Uh, thinking that somehow there's going to be enough merch sales to cover up their massive massive debt. And unfortunately, the dilution of Ape is going very, very poorly. Uh, Ape, which was the spin-off thing that was the most to make all the shorts choke just at a new all-time low. Today it is down. What is What Are we down right now? Unfortunately, it is down 82.5 percent. Uh, it's brutal. So this whole shorts choke on that. We have this great plan. Like just we're working in silence. We're going to pounce when the moment is Right thus far and I I pray it magically changes because I'm heavily invested in AMC and Ape. Um I have them both I I pray I pray they can get this figured out. But right now, um I don't want anyone in here to feel like they are alone if there's like some sort of voice in the back of their head that makes them think Hmm What we heard as in the talk that was talked does in no way seem to be matching the walk that is being walked right now. They actually seem to be very, very, uh, distinct from each other. anyway. I just want to let you know what was going on with all of that And that brings us to a little bit of a surprise at the end here that I wanted to do with all of you oopsie daisies did I close it I think I closed the thing that I needed. Uh, so um, while I'm getting ready for this I'm loading up some programs and whatnot and I want to be going over some trades that I think are going to be spicy in the month of December and we're gonna do it live. Uh, right here. All this together as a team The Goonies that we are um, while I'm getting this all set up, if you guys could help me out with the algorithm on YouTube don't forget to hit the like button and on Rumble it helps out with the battle leaderboard. and don't forget to subscribe. We're going for 54 000 on Rumble and we're going for 350 000 on YouTube. So like subscribe, Uh, hit that Bell icon, switch it to OE so you should get a notification. Uh, judging by the Numbers over here, it looks like almost no one on YouTube got the notification. Uh, but I I Guess that's just where we're at with YouTube at this point. Man, they really hate us. Why does YouTube hate so many? Goonies I Just don't quite get it all right. Anywho, Anywho, Anywho, Anywho, we are going to be finding some trades in the month of December uh like some and get on locals pin to the top chat in the description of the video and the reason I'm bringing up locals is because I do more and more of this stuff as people are like hey, I want to know the best patterns for whatever Apple Tesla Nvidia Microsoft uh Crude oil The Overall: Market Bitcoin Ethereum I'm gonna be posting it all on locals and I just want to show you how absolutely easy it is. So just for a little bit of I guess like background important background information. if I go to Es this is the Futures market for the S P 500. Um, what? I want to point out to you is the best way to normalize this data is trading day of the month, trading day of the year. So you don't look at the actual date, you ask yourself how many trading days have already occurred in November and then like right now, for example, we're on 20 about to go to 21 or you could do it. So it's like per month or per year how many trading days have already occurred in this particular calendar year and that's the best way to normalize data across like this: November compared to last November Uh, because remember sometimes November whatever. fourth is a trading day and then other times it's a weekend. so how could you possibly compare it so that just has to do with data normalization. And the reason I'm getting into that is because that's really how you find solid seasonal trading patterns. Now with all of that, obviously this is tradestation and I'll run some code just to do some like fact checking for everyone in here. Um, and let me make sure I actually have the code up as I need it? but what? I want to show you which I personally think is so incredibly cool. So for the month of December I want to know the best time to go long in the overall? Market I'm using this just as like a test case. Obviously you could do it for whatever you want I Just picked Es which is the S P 500 futures contract and just to kind of show you really where I'm at with everything I ensure that it has to be for the month of December because we're looking for good trades in December and then other than that, I wanted to iterate over every single trading day of the month like I want to compare one to two to three, blah blah blah all the way to 23. sometimes there's not always a 23rd training day because once again, it depends on where does the calendar month start with the trading week and holidays and all of that um. and then also I have some iterations on the max holding time am I willing to be in the position for one day, two days, three days. That's why there's a Delta three. And also in terms of exit, do I want to exit after the first Profitable Close the second profitable, close the third profitable close. So uh, we spoke about this in the morning stream and I just added on to it and made it better. So I want to show you how insanely cool this gets? So right here. Run, run, run run run run run run run. And then here are the results. Yes, it's that quick. Um, but as you can see if I optimize it by profit factor, which is one of the main metrics that you're going to really care about What's the first thing that you see? Okay, obviously the month is always going to equal 12 because that's December December if you subscribe to the Gregorian calendar is the last month, the 12th month of the year. But look at all this all of the best performing ones, the highest profit factors, the least drawdowns, the highest net p l and the highest p l to draw down ratio is all on trading day of the month 15.. So something about that and then the other ones are 14 and 16.. So that tells me the trading day of the month: 14, 15 and 16..

something seasonally is absurdly bullish in that time period. And If you want to see what like the equity curve looks like that? Um, I'll just show you here I'll just show you the top one because I already had it highlighted. Uh, oops, right here. This is the equity curve. So this has been trading from 1997, 1998 until now. and just so you guys know, it's traded 25 times and the win percentage is 84 percent. The average win is 734, The average loss is 393.. I mean this is crazy awesome stuff. The average trade is 554 dollars. Once again, this is for the Futures market so you could do it with the spa You could do with the cues. You could do it whatever you want. Um, so maybe the magnitude isn't the best thing to look at. You want to look at the ratios. The ratio of win loss The Profit Factor the P L to draw down ratio the win percentage. You want the ratios because you could always make your average win bigger and smaller depending on what asset you use, depending on how much of that asset you're buying or shorting so that part of it doesn't really matter. But we're looking at the shape of this and as you can see, so this was the 12th. Uh, just a little bit different exit parameters so Maxwell Time three if you're waiting for one close Okay That's what it looked like if you're waiting for two profitable closes. this is what it looks like. Overall, the point is, between the 14th, 15th, and 16th, but specifically the 15th. It is absurdly bullish. Absurdly bullish. So just to do a little bit of fact checking with you, let me just generate the code over here. All right, let me generate this: I'm just saving the code on my platform, all right, and I Just want to make sure. Studies edit strategies Uh December turned on great. So obviously it hasn't fired this month or it hasn't fired yet recently because we're not in December But if we do a little bit of a scroll out and we look at what happened recently recently, you can see that it fired last December and it just so happened that the 15th training day of the month last year was December 21st and then it fires the very next opening and you can see that it crushed. and even if we held it to the end last time particularly, it would have made even more money. But just to give ourselves like a little bit of a sanity check, this is the performance of the program that we were just talking about like I'm now just putting it on the training platform. Profit Factor of 9.11 It's traded 25 times on the data set that I have. this goes back to I How far back does it go? Uh, this goes back 25 years. So this goes back to like the late 90s. Um, uh. Profit factor of 9.11 Which means for every dollar you've lost, you've made over nine back. uh, 18 winning trades, seven losing trades. Pretty phenomenal. And then this is what the uh Equity chart looks like here. Uh, as you can see, ever since what 1997, it's just been slow and steady. up and up and up. So for those of you who are like, hang on I don't really get this trading day of the month thing I don't really necessarily get that normalization. what does it mean for this particular year for the overall? Market the S P 500. You might be thinking to yourself, when should I be bullish based on the pattern that I have And fortunately for you guys, I have a freaking calendar right here and I figured it all out. So if we are looking for the 15th trading day, that just so happens to be December 21st. Uh, you guys probably can't see this at all. but it the 15th trading day is December 21st. which means that when you want to be going long, it's either at close on the 21st or at open on the 22nd. So this is the time to be bullish and you could choose to exit however you want I Mean you already kind of saw the pattern there of you could wait for like one profitable opening, a second profitable opening. Basically, the opening is above whatever your entry price is. Um, so going long on the 22nd is bullish. That's what you need to know. That is one trade right there. backed by stats, backed by math, backed by some fancy schmancy algorithms. Fact checked on two different platforms. I'm giving you the trade right now when the market either closes on Wednesday the 21st or opens on Thursday the 22nd. Depending on what asset class you're trading, you want to be long. Write it down. see if I'm right or not. Write it down. We'll find out. I'm calling out trades literally right now for what I think will be happening in December We're talking about an entire month out I am calling out that trade for all of you now I Hope that makes sense and we could actually do other ones. So if you're looking for a time, you're like, hey, hang on man I Think that maybe maybe you're a little bit more bearish in here. Maybe you're looking around and you're thinking to yourself, I would rather be betting against the market when in December Should I go against the S P 500? Well, we have that information for you right here. right here. right here. right here. Um, so uh. Day seven, day eight. So that is, uh, gonna be Monday the 12th. So Monday the 12th of December December 12th a Monday Uh, either when the market closes or when the Market opens on Tuesday the 13th, that would be the time to go short. And the numbers surrounding that are right here. I mean they're They're pretty straightforward. Uh, here's a look at the equity curve. Not as strong as the bullish like there. There were some clear drawdowns in this. The accuracy of this is 68. So basically 7 out of 10 trades it hits. Um, your profit factor is four. So once again, not as strong, but still a very strong pattern. A very, very strong pattern. Once again. What? I'm running this on just to use it as an example is the S P 500 futures. Market You could use it on the Spy if you want. Uh, you could do this type of stuff with Apple. Tesla You can do it with whatever. I'm just kind of showing you generic ones. Obviously, if there's an overwhelming amount of interest in a particular Equity or asset class posted in locals. uh, this is kind of where I want to take locals is strong seasonal trades that you can call out super far in advance. So what I'm going to do is Tuesday what was it the 13th? I'm gonna star it and we're gonna see if I'm right and I'm going to write bearish. So those are two trades right there. I think Tuesday the 13th will be a red day and I think Thursday the 22nd will be a Green Day those are two trades and then just to give you a third trade because hey I'm a nice guy and I don't want anyone to say anything uh to the contrary, let's look for a good time to be long oil. Maybe you're like hey, I don't want to invest in Occidental but I just want to know a time to be like degenerately long oil. Let's just do one more because why not? It's the season of giving, the season of giving. Let's see what we have right here. Bada bing Bada Boom! Almost the day after, look at this trading day of the month: 16 16 16 16 16. the only difference is like kind of your exit strategy, but once again, a day after. So this would actually be on Friday the 23rd heading into the Christmas weekend. This is telling us that it's apparently absurdly strong and profitable to be bullish on oil. Um, so heading into Christmas this is what you're looking at. This is the I guess Christmas Black Gold rally Period. Um, let me write that down just to see if we're all right. Uh, oil, Uh bullish bullish. Um, so once again, you would get it on on that either on Thursday 9th, the 22nd or when the Market opens on Friday the 23rd. Um, this is all the stuff like I Just wanted to give you an example of what seasonality training is, how it works, the strong numbers behind it, and I really? Honestly don't think anyone else is doing this like we just called out three trades more than a month in advance and backed it all up with like historical quantitative data. Um, I think this is awesome stuff and I just wanted to, uh, kind of point it out to you. You can choose to use these Trends in this information however you want. Whether you want to go long, go short, sell some premium, buy some premium. There's so many ways to do it. but I think this type of stuff will make the average retail Trader and investor particularly Trader a far better Trader And obviously just because I Love the goonie Any community that we're all here with, This is exactly some of the stuff that we're going to start adding into the locals community. and I mean I'll do the work for you I don't really care? Uh, but I'll post the stats, I'll post the facts and whenever we see a strong performance of The Upside or to the downside, I will happily call it out. So if there's any questions on that, honestly, this is probably a good time to ask. I Know at first this can all seem a little bit like kind of overwhelming. It can definitely seem like quite a bit. Um so I would love to field any questions or if you want to like, re-watch this and then wrap your head around it. uh, feel free to DM me come to the stream tomorrow morning, tomorrow night I'm more than happy to kind of get into it and discuss it with all of you. Hang on, Let me get the chats up so I can see them both easily. right over here. Why did I lose the rumble chat? The rumble chat. The rumble chat. Why did I lose the rumble chat? Oh there you guys are. Okay, best oil tickers I Like Oxy Oxy? Um, and it's just particularly backed by Buffett But that whole sector like really moves together. um so it's rare to see like Chevron outperform an Exxon underperform like the sector just kind of moves together. Uh, day of the month for Dak for spy? What do you mean by Dak dollar cost averaging? what is the best day of the month should I buy spy um I would just say being consistent there are certain like if you there's a lot of the times that money flows into the market because of like Pension funds and whatnot. Um, so you could take advantage of it, but you would only be generating a little bit of alpha a little bit of Edge And that's mainly because if your dollar cost averaging, you're most likely investing. So like a couple like ticks to the upside or to the downside. it's not going to really matter much when you extrapolate out many, many years. Uh Matt YouTube deaf censoring you or something. Your lives never pop up in my sub feed anymore, you know? uh uh, let's see. Let's see. Let's see. Let's see. uh how many did other people have this issue? Uh, let me save that save uh desktop. What do you think about me Kevin's Etfpp and will you interview him when he does the closing bell? uh I don't know enough about it to uh, like share an opinion I Saw a video today. uh but like I said I don't have enough of like a full thought process too or enough information to have a full thought process on it. So I don't want to speak out of turn Matt why don't you get me flowers anymore? Lost your address I'm sorry. uh if you're long buying at the money put that would be a long directional bet or no no no no. if you are long and like if you have a bullish thesis you would sell it at the money put you would sell it because you want it to be above whatever. that strike price is all right. Sweet, sweet, sweet uh hang on one second I Want to know if I can announce anything? Uh, hang on. let me reach out to my producer. um to see if I can announce hang on, Hang on, Hang on, Hang on Let me just double check something real quick, real quick. Okay, no it is not quite ready yet. Uh, but most likely don't owe me to this. But if you're watching this live, uh, most likely within the next hour, we're going to be dropping a bombshell interview with Marco Hodis kind of his tell-all about what's going on with FTX uh, what's going on with Silvergate, a company that is heavily short and he ripped apart in the interview and also his most up-to-date thoughts on AMC Gme Adam Aaron Ryan Cohen Uh, very very interesting. Listen, so that will be dropping within the next hour if you happen to be watching this live on Tuesday evening. but that's what I have for you I Truly appreciate you hanging out with me in another episode of the Matt Core show. Make sure you're checking out locals. It's pinned to the top of chat. it's in the description of the video. It's free. There's a premium version if you want the premium version. uh for free. just use the code Moon gang all one word thank you thank you thank you I'll catch you in the next video. Have a B-e-a beautiful evening Peace out foreign.