Foreign, foreign, foreign, Warm Brother Home Brother oh brother oh brother. What is going on? What is going on? Happy Monday What is it? February 27th We're almost done with this month. Team: Good morning, Good morning, good morning or whatever time you're watching this, whatever time it is for you I Hope you're having a good one of those and I have hope you had an absolutely fantastic weekend I Myself even though no one asked, had a very very busy weekend I went to Florida on Friday to Pennsylvania on Saturday and then back to New York on Sunday and we had this uh party related to Rumble on Friday that was a blast and I did some horse racing stuff on Saturday and then we got back here on Sunday for me to watch Jake Paul lose to Tommy Fury Uh so I Hope I Hope you guys had a good weekend I hope you guys hadn't enjoyed one. It is hot in Florida right now I Don't know if I have anyone watching from Florida at this moment in time, but man oh man is it hot down there I was dressed because I left from Manhattan so I was dressed as if it was 30 degrees because it was 30 degrees the second I got off that plane the second I got off that plane I just started sweating.

It was like 80 degrees when I came back Saturday morning it was crazy early in the morning, the sun wasn't even out yet and I swear it was already like 75 degrees at that point. that was. it's insane. I Don't know what's going on in Florida but you guys need to turn off your heater or something because it is wildly hot, wildly sticky, uh, but arguably sometimes better than the frigid cold we get here in the Big Apple But anyway.

I Hope you guys had a good one. I Hope you guys had an absolutely fantastic weekend, and I hope you're ready for a fun-filled week in the market. Things are looking pretty good in pre-market right now. they really are, so we're going to be going over that.

Um, because we're at the end of the month, the start of another month February into March I Do want to take a quick step back and let you guys know what's going on in terms of just common market movement? Then we'll drive into what really, specifically, from a historic standpoint, happens today, and then we're going to get over some of the news. right now. It's not the craziest news morning, but there are some things to talk about right now in real time. If you haven't looked at your portfolio yet or your place yet, if you've been bullish, we're getting a nice bounce back.

Um, so we're gonna see if it holds I'm a little bit dubious, but we have been selling off hard so I Wouldn't be the most surprised if we get a little bit of a pop back. Just classic mean reversion. but overall, we'll see. we'll see.

We'll see, So there's a couple things I want to dive into there we can do a full review of all my current positions. I've been selling a lot of Premium The two directional bets I have right now are Tesla puts and Q puts I should have got out of them on Friday I should have had profit targets when I was flying down, they would have hit uh I didn't because I'm dumb and now the market is actually literally gapping up. so that's not going to be good for me unless there's a big old reversion today, which who knows, maybe there is. As you're about to see the seasonal bias of today's neutral leaning a little bit bearish, so that might end up coming to fruition.

so we'll see. So a lot of things to get into, but good morning, good morning, good morning. I Know sometimes it's a little bit difficult to get going for the week, so folks, wake up, have your coffee, get your coffee in your system. I Think this is already my fourth shot of espresso.

And hey, if you want that shot of espresso for free, guaranteed free. Five buckaroos all the way up to five thousand. Give a shout out to Street Beat pinned to the top of chat in the description of the video. It is a brokerage as you would expect it to be.

no payment for order flow, but what's better than that then that is. It has robotic trading systems that you can choose to opt into. You don't have to, but you can and when you create your account and you find it in everything, minimum you're gonna get is five dollars, but you can get all the way up to five thousand. so obviously it's just an enticing deal.

They want more people on the platform. Thus far the early adopters from the Moon gang The Goonies of you who have already signed up for it I've been hearing nothing but positive feedback. so as you do it, make sure you put in that code Matt M-a-t-t to get that sign up bonus and today actually I Do believe I have some free capital in the account. Let me double check.

I Think we're gonna have to ask you guys since you are my financial advisors of where to put my money I think I have a leftover foreground I funded it with 10 gram yes and two four six I think I have a leftover forehand. Yeah, crap. cash, four grand. Um so we're gonna have to at least use one or two thousand of that today.

Uh for you guys to, you guys are my financial advisors so we're gonna use a little bit more of my free capital and invest it in these automatic robotic Robo trading systems. but I think it's cool I was actually uh, last week at the end of the week. early this weekend I was talking with the CEO of the company and he was sharing some stats with me of when people try to manual trade as retail Traders over 90 percent end up losing money, but then he was showing me the stats of what happens when you're a retail systematic Trader of like just kind of keeping to a core system and the odds are phenomenally better. So I think just from that reason alone if you're a manual.

Trader if you've been trying the day trading, the swing trading and hasn't quite worked out for you I mean obviously there's no guarantee, there's no guarantee at all, but your odds are going to greatly improve when you have a back tested system. So I think it's a worthwhile thing and hey, if you want to kind of wait around and see if it's working out my account, I'm trading with my actual money right now and uh, happy to show it to you. Uh, obviously we could go over it on a daily weekly basis if you want. But the main thing I'm going to need from you folks is a little bit of your input on what I should be doing with the other four thousand dollars worth of cash that I do have in the account and honestly, after the first month, if things continue to the upside, I might be putting more money into it.

So I'm gonna need even more of your advice in the future. But in the meantime, what you could do right now we're going to do that a little bit later on is get claim your own free five to five thousand dollars free F-r-e-e by signing up, creating your account, depositing the appropriate amount. Just make sure you use that code Matt Mat If you have any issues, do you have me on? Twitter Instagram Email me and I'm more than happy to help you out. All right.

So we're going to talk about them a little bit later. I Hope everyone had a great weekend. More and more people are funnily in right now. You guys are definitely late to class, but you know what? usually I give out to merits for trends go transgressions such as this nature.

uh, but not today today I Get it, We all had a little bit of a weird weekend I bet it feels like everyone a little bit tired so it's just everyone gets a freebie today. It's one thing if you come to class after 9 30. usually I'd be throwing out the merits right now because you're already seven eight minutes late if you're already tuning in like here, but past 9 30, those people will still get demerits. But today we're gonna be a little nice.

You know, I'm trying to turn a new leaf and maybe not run this digital Kingdom with such an iron fist. so a little bit of a a little bit of a reprieve for some of the people who are awkwardly within this half hour. But 9 30. you know what? We're gonna give those people double demerit.

So the demerits that we're going to be giving out now for being late. we're gonna save those. You guys won't get those. But if you're showing up past 9 30, it's going to be more of a double demerit type of a scenario.

So I'm happy we could get that out of the way. And with that being said, let me make sure this is rocking. For some reason, this chat is frozen. okay, it is now ready to rock.

And with that being said, let's check out the Old Market Uh, yes or excuse me on Friday The high was 397.25 and right now we're trading at 399.76 So to all my astute viewers out there, what am I about to tell you about this? Let's see if any of my ramblings and Rants and discussion and back tested information of the market is sticking with anyone. If I tell you that the high of Friday it was 397.25 and today Monday before the Market opens, we're trading at 399.70 What am I about to say? Pizza gets it Gap Time Gap Fill Gap Fill Gap Fill You guys are getting it I Posted all the numbers out on locals. Obviously with a gap up the odds of a gap-filled play To the downside, at 397.25 is extraordinarily high, so that's it for the spy. and then if you want to do it on the cues instead, uh, the high on the cues on Friday was 392.97 and we are currently trading or excuse me, 292.97 But for some reason I just brought over the numbers from the Spy there 292.97 currently trading at 295.

So there is a two dollar downside Gap fell on the Queue so you could choose to play it on either. Obviously, whenever you're talking about anything in the markets, there's no such thing as certainty. but we're talking about is the deck stacked in your favor. Are there are the odds favorable for you to take this? Yes, they are.

That doesn't mean it's going to play out, that's anything in any. Market You never know what the next part is going to be. You never know the news that's going to drop. It's just a impossible multivariate equation to understand everything.

So you're never going to have like a zero percent chance and never a 100 chance. But you there are environments when the odds are more favorable. So for those of you who maybe play poker or Blackjack that's the times. Those are the opportunities you want to look for When the odds are against you.

You don't want to play them when they're favorable. Okay, you play them and when they're very favorable. Maybe that's the environment for you to size up your bets. But right now talking of just like the odds favoring you, not favoring you when the Market opens, it is a statistically favorable play to play.

The Gap Field down on the spy on the cues. Uh, the odds do change a little bit for equities depending on the equity that you're talking about. Most of my personal testing has been for the overall market indices such as the S P 500, the NASDAQ the Russell. That's where I know the numbers like the back of my hand.

Is it true? Also, for individual equities, it is. but obviously you would want to back test and get the information on the individual equities. It's not like the odds would hold the same for every single security trading on the market. That's just not exactly how it works.

So anyway, the spy and the queues just wanted to throw that out there that there is that potential of a downside. Gap though. um, just in case any of you are like scanning your charts of what's going on sock. Futures Rise after major averages suffer biggest weekly losses of the year I Think this is kind of an interesting headline because what this is doing, it's showing two of the main types of algorithmic trading methodologies.

You have one that's Trend following if everything's ripping. okay, stay long till it looks like it changes. If everything's falling off great, stay short until something changes and it reverses course. On the other side that's called Trend Following on the other side, you have what's referred to as mean reversion.

So if something rips too much, well you have short start to Pile in just because it thinks it's this Mantra that you're going to come back to some sort of average, some sort of mean AKA Why it's called mean reversion. Or if you sell off too much, you start to look for a bounce. So right here stock futures rise after major averages suffer biggest weekly losses. So it got hit so hard that we're almost now seeing a mean reversion play back up to a little bit of what would be referred to as the average and median normalcy.

That's literally why it's called mean reversion. So a little bit of that that just because right now we're starting to bounce and pre-market Does that mean it's going to hold throughout the day? No. I Think there's a easy mindset or an evident mindset is probably the best way to say it within the world of retail trading of there's a lot of retail traders that see a green pre-market and they think the day is going to be green. They see a red pre-market and they think the day is going to be read.

but in reality if you're just looking at the pre-market action green or red after that, it's pretty much the flip of a coin. There's no you. There are other things you can do to be a little bit better, a little bit higher accuracy in your predictions, but simply by going up in pre-market it's still 50. 50 of if the remainder of the day is going to be green or not.

remember pre and post market trading extended hours trading is extraordinarily low volume. So the movements to the upside and the downside I Like to refer to them as being low confidence just because there's not many Market participants who are agreeing on that current I guess evaluation of supply and demand. So remember pre-inpo Mark Pre and post market trading it's good to watch. Obviously sometimes you have crazy good earnings, crazy bad earnings.

but even recently, what was it? Microsoft either last or earnings or two earnings ago was interpreted to be bad, huge gap down and then all day just trending back up to the point that it was break even and you're going to find examples like that probably literally on a daily basis. so just wanted to throw out there talk a little bit about mean reversion. As of now, the Dow, the S P, and the NASDAQ are all pretty green oil coming down ever so slightly to 76 a barrel. For those of you who are in the petroleum trading world I myself I'm long on oxy they report after earning or they report their earnings after the market closes today.

Before we get into that though, like I alluded to a bit ago I Want to talk about the just overall trends seasonality of where we're at? We're pretty much at the end of February I Want you to know from mid-February to mid-march the Bears are from a seasonal perspective in control. As I said before, that doesn't mean every single mid-march to Mid or excuse me, mid Feb to mid-march has to be bearish. It doesn't have to go like that, but these are just the seasonal Tendencies. So I would say right now the Bears are running into some headwinds and the or they're getting supported by Tailwinds while the Bulls are running into headwinds.

That doesn't mean that the Bulls can't win right now. That doesn't mean that the Bears have to win right now. I'm just saying the seasonal tendency over the past 20 25 years is from mid-feb to mid-march the Bears are flexing their muscles, maybe coming out of hibernation or whatever a good metaphor analogy would be. Now for today, specifically: February 27th I Backtested this individual day on a platform known as Build Out To Build Alpha and you can Google it if you're so inclined.

But anyway, over the past 25 years, so every single individual trade which is one trade a year because I'm just evaluating this day. so that's why on the bottom here you see all the way up to 25. Uh, the it's about a flip of a coin the Bulls of 152 percent of the time, but the profit factor is 0.7 This means every dollar spent has only returned 0.7 So obviously it's kind of a little net negative for most of the time. up until the past five years.

I would say it's very neutral, a little bearish, a little bullish near the end, and then over the past couple it's gotten pretty bad. So the first 20 years, the first two decades of this individual date it's you're just flipping a coin. No strong buys, but recently it has been going into the favor of the Bears So that's why I said it's neutral bearish. It's not absurdly bearish, but it definitely has a a little bit of a bearish lean to it if you will.

In terms of reports, now that we have kind of the stats out of the way, just seasonality, we know mid Feb to mid-march are a little bit bearish. We know today individually is neutral leaning, a little bit more bearish. Now what could actually move it today? Well, the core orders durable good orders came in and they were actually really, really strong. So if we go to the 50-minute Chart, you're going to see right at 8 30.

we started to move to the upside, so the market really like that. Will it hold your guesses as good as mine? Your guess is as good as mine. And in fact I think this is a good time to do it? Why not? We have about 15 minutes so that Bell goes and dingy ding ding ding. What's everyone's feel for the day today? Monday February 27th Will it be a green day? Or will it be a red day? Uh, have you signed up yet? Sign up.

Uh for what? Dallas Robot Training Oh Street Yeah folks, everyone sign up for: Street Be pinned to the top of chat in the description of the video or when you just download the app. Whether for your iPhone or your Android whatever it is on the very first page, it's gonna say do you have a referral code put in that code Matt M-a-t-t uh If you have any questions, do not hesitate to reach out to me. We're going to talk about them more a little bit later. but I think it'll be cool to let this various strategies you can pick whichever one you like.

You could divide your money up between them. but if you use that code Matt you're gonna get some money to get going. Green Day Green Day Bloody red, Green green Green Bay or slightly negative on spy. Negative point: three percent zero.

If it ends up being exactly negative point three percent, it's gonna blow my mind. Can you talk about AMC earnings coming up? Uh, there's nothing really to talk about. They have earnings. It's going to be tomorrow.

February 28th I Believe Um I Hope he's not chomping on food again. I I think uh I I Want to be very specific with this. like the whole AMC stuff right now, please understand that it's getting to a world where there's like I guess too much of a cult going on for me and you might be like oh whoa, that's kind of crazy. There's been a cult for a while I just see it trending in a very, very bad Direction I Hope as a company AMC succeeds because I know it employs many people.

It is like thousands of people are employed because of AMC So just from the standpoint of putting food on people's tables I want it to succeed from a selfish standpoint I own AMC shares I own ape shares I want it to go up, but there's too much of just it's become so incredibly detached from any normal Market influences like there's a certain small community that it's a full-on cult. you can't have any reasonable discussion about it they like. They don't even want to admit that the CEO has sold as much share as he legally can, that he's been caught lying various times over the weekend. Last week, people were talking about how, um, in I believe previous interviews with Trey how he's like we're not going to delude it.

We we don't want to do a reverse split, blah blah blah. If we do dilute, it's only going to be a little. The guy at any single point has contradicted himself and I I don't want to be the person who's up there like that's just trying to. You'll be like yeah.

I Know it's great. It's crazy. It's great. It's great.

It's great. There are some good things and there are some bad things. If you can't admit the good and the bad of any of your Investments or your trades, you're just not thinking hard enough or you're just being blind. Nothing is ever perfectly going in your way and nothing is ever going a hundred percent against you.

And the community itself, from a psychological standpoint refuses to talk about any of the negatives. They think them making popcorn is gonna somehow be an amazing thing for the business. The popcorn industry is not that special of an industry, especially when you're a company that has 5 billion in debt I hope it works out and I get that every dollar counts, but it's gonna any little positive pop that you get from popcorn sales and as this rolls out, they're just gonna dilute it away. They're just going to sell more stock and you're going to see the price drop and drop and drop as they dilute.

But then people will argue about that because Adam Aaron has been like dilution is good. What are you talking about? Anyone who understands basic laws of supply and demand understand when you jack up Supply The price has to fall. That is a basic Market Force And then all of a sudden people who have never learned about the markets or have never been in the markets and downloaded Robinhood a couple months ago think that they're experts and understand more than like literal Nobel winning economists and they're like it's just become a farce at a certain point. like an absolute farce.

Um, so that's I Guess what I have to say on it I don't know they I might stream it tomorrow I I guess it's kind of up to you I'll stream it if you guys want me to stream it I feel like I The only thing I really get out of streaming AMC earnings is the jokes that you make the entire time. Um other than that I feel like we're just being fed like basically a bunch of lies and half-truths so I'll stream it like like I said. The only thing I truly get out of it is you guys are like always popping off making hilarious jokes because allegedly Ames he wants to get into every business ever and you guys are always making jokes and he's like eating dinner during the call and he sounds like and like his videos make him or his pictures that people take it. he's at these screenings like it's just a weird thing and I guess in a weird way it's like a little mean it feels like we're like making fun of like just like a geriatric.

but I don't know it's up to you guys. if you want me to stream it, we'll stream it. but I think we just at this point are kind of doing it for the laughs. Uh, Anyway, got a little bit distracted there to answer that question.

So I want you to know that pending home sales comes out at 10 A.M today and then later on at 10 30 Fed Governor Jefferson will be speaking So we're having. We're back into the Cadence of a lot of Fed members speaking a Lot A Lot A lot. So on any given day there could be spikes To the upside drops to the downside based on what Fed members do or don't say in terms of individual companies. Yes, we still have earnings so we were just talking about AMC after the market closes tomorrow.

but for today, after the market closes we have oxy a position that I'm long on Zoom Work Day hymns and hers. Uh, tomorrow before the Market opens. Norwegian Fun fact about Norwegian Adam Aaron is still on Norwegian and even though Adam Aaron has sold as much AMC as he could, he's never sold a single share of Norwegian. You don't have to get mad at me, don't shoot the messenger.

you can literally look it up. Uh Adam Aaron used to work for Norwegian he remains on their Board of a part or maybe even all. I'm unsure of his compensation is in Norwegian stock and even though he's doing his proper estate planning uh, by selling AMC because that's what he told everyone. Uh, if that's true, why did he never get out of any of his Norwegian shares? ever? And once again, you don't have to trust me.

Fact: check me on anything. I say go for it. These are this is all public information like you can go find it yourself. but he's involved with Norwegian and he's kept all this share 100 of the time takes more and more and more.

It blows my mind. blows my mind anyway. Uh, Target is also reporting not feeling the best about that because Walmart really didn't do well and I view them to have a pretty similar business. In fact, Walmart's A Little Bit Stronger because they get the benefit of grocery sales and Target doesn't They're not really known to be a grocery seller like that's not how most people think of them.

So I think part Target's going to be under some pressure and the same thing with lows and my reasoning for lows is because Home Depot was under pressure. Even though the numbers were all right, it's more of the future. guidance for Walmart was low. The future guidance for Home Depot is low.

So I'm expecting the future guidance for Target and Lowe's respectively to also be low. We have. What else do we have? So AMC Rivien Rivian I'm a little bit worried about Rivien just because Lucid reported and they're both kind of the New Kids on the Block in terms of publicly traded EV companies and Lucy's numbers were pretty freaking bad. So I don't see how Rivians are going to somehow dramatically outperform we have Neo that could do a little bit better I'm hesitant to throw out an estimation on Neo so I'm more of gonna like just see how those numbers come in you have Dollar Tree Salesforce Uh, snowflake, you have plugs so we get some EV plays for sure Best Buy Macy's Kroger Costco So there's going to be some big ones and that's exactly why I Thought we were going to get to like Really a major boring point of the earnings season.

and then when I realized that there was still a couple decent ones, that's why I was more than willing to put some money into the street Be earnings prediction strategy which is their Flagship strategy. So if you want to join that roller coaster ride, let's hope that it keeps going up and up and up. But if that's of interest to you, obviously pick the earning strategy on Street Beat. Now five things to know before that: Bell goes dingy Ding ding ding today Monday February 27th Bounce back.

Uh yes, we're getting a little bit of relief. I mean basically, ever since a pretty solid close on Wednesday February 15th. Ever since then, it's been kind of down down. In fact, ever since that close.

uh, the close on Friday We dropped 4.25 in the overall market right now. Pre-markets looking strong, we are recovering. There is this downside: Gap bill that I think the odds are strongly favoring, especially with the seasonality of today, the seasonality of more of this multi-day multi-week time frame know mid Feb to mid-march seasonally Bears We know today, individually, neutral, leaning, a little bit more bearish and now I see this gapping up I Wouldn't be surprised in the slightest if we get that Gap though is it guaranteed No. Nothing in the Market's ever guaranteed.

but we are seeing a little bit of a mean reversion after. to the upside, after the Bears have been pushing the market down and down and down. buff it on buyback. so Warren Buffett and Elizabeth Warren so I guess two different ones involved in this particular scenario have been having, um, some subtle Jabs at each other if you will.

So Elizabeth Warren thinks that companies buying back their own stock is just, um, an effort created by Satan himself. Warren Buffett on the other hand, thinks that people such as Elizabeth Warren and anyone else who's in that opinion uh, are economically illiterate Warren Buffett calls stock buyback critics economically illiterate in Berkshire Hathaway annual letter which just came Mount Warren Buffett pushed back on Buy-Back critics saying that they are either an economic illiterate or silver tongue demagogue which kind of tracks. I guess if if we want to go that route, particularly if you don't like Elizabeth Warren The 92 year old investor released Berkshire Hathaway's much anticipated letter Saturday But if it believes BuyBacks are beneficial to shareholders as they provide a lift to per share intrinsic value. If you're watching this and you're like dude, wait, what's the buyback Basically, the company itself can buy its own shares off of the market.

It's allowed to do that, and typically this is considered to be a very strong move because obviously if the company is doing it, those are the people who know all of their own numbers, metrics, trajectory. So if they're doing it, that's kind of signaling to the public that their current evaluation they believe is low. So that's just kind of representing strength to the world. So that's typically when you hear it.

I mean I believe Meta actually just announced that they're doing that or maybe use Microsoft one of the ones that starts with and I'm just recently announced that they're doing their own share buyback and on that news, it went up and up and up. They announced it in their earnings call. So on the other side, you're going to get people like Elizabeth Warren and Bernie Sanders and now actually even President Joe Biden saying like it's the most horrific thing you can do In my own opinion, it depends on the environment that you're doing it. Um, I Think there are very reasonable, like business times to do it like Smart moves to do it and then other times it almost seems like they're just taking taxpayer dollars or government subsidies to them buy their own stock because they know that.

and when I say they I mean the CEO The leadership team knows that their pay is related to the stock price, so they want to artificially pump it up at the right time to get a higher pay. So for me, it is very uh, it's very circumstantial. I Wouldn't say overall stock BuyBacks are good I wouldn't say they're overall bad I would say it depends on the reasoning and the timing of the buyback. That's kind of where I personally fall uh, might be right, might be wrong I Just want to let you guys know where I was at on that because it is definitely making its rounds on social media.

A little bit later, we're going to be talking about how the SEC um, they're making moves and they're I guess acting as the judge, jury, and executioner on perceived Market manipulation and I'm not talking about political insider trading I'm not talking about nefarious acts from many parties. Uh, in and around Wall Street I'm talking about emoji usage. Uh, a Federal court judge ruled that these emojis, rocket chart, and money bags objectively mean one thing: a financial return on investment. Users of these emojis are hereby warned of legal consequences of their use.

So we're going to be getting into that because it's real and it's crazy that that is even a thing. Um, absolutely blows my mind and it relates a little bit to the world of crypto. But I found the lawsuit and everything so we could be uh, chatting about that. Let me turn this.

How do I turn this off? And with all that being said, the casino is open. Best of luck to all. Have fun, be responsible and if not, I hope you're not crying in the shower. All right, let's see how it goes.

Uh AMC actually had a pretty decent start to the day. Let's see how that comes out. Uh Tesla I've been watching it even though I'm a long-term Bull on Tesla I currently own puts on it and I would love for this to go below 185 using my free Milestone to shout out buff stuff oh butt stuff 24 7 for making two years as a member? Hell yeah! So Chaos, you're actually one month behind and I think there was another one. Uh, let me see if I can find it.

uh why does it not upload on my stream labs? Uh so butt stuff AKA Anthony Shout out to you I appreciate you being with us that ride or die mentality for 24 years. Shout out to Chaos who I know you've actually been a member for even longer because you're my one employee. uh and then someone else put theirs into I think they were at like 19 months 19 months I don't know where it is, but shout out to all the members. Um, right behind you.

Zero member for 20 months. Shout out Trka. You guys are talking about T-r-k-a Hate it. Absolutely hate it.

It's a penny stock folks. It's a pump and dump. Like whenever you see a high-flying penny stock right away, your mind should think, pump it up, Pump it. don't pump and dump, pump and dump after it's recent low.

I mean this thing bottom out in mid-December Why would you chase something up 270? It might keep going I'm not telling you. it's gonna get crushed today I'm in no way telling you that. but why would you chase something up 270? What's your the? CL If you were to enter right now at 37 or 0.3774 it, What's your risk? this Gap fill Are you really gonna risk 18? Are you gonna risk this recent low down here? Is it worth the risk of 37? after running 270? It might work out in your favor if you're a degenerate and you choose to chase it. I Hope you make money I'm not against you, but I'm saying if you take this type of trade setup time and time and time again, even if you hit 9 out of ten, that tenth one is gonna blow up in your face so horrifically that you're gonna lose the gains from the previous one.

It's not a sustainable methodology. The best way I could explain Trka is: think about it like this if you're a poker player, is it reasonable to go all in on a 7-2 off suit? No In fact, you were dealt the worst hand. Could you still win? Of course you could still win. but time and time again, if you're looking for a repeatable method, you should not be betting on a 7-2 off suit.

In this scenario, if I had to play Trka right now which I'm not going to because it very much looks like a pump and dump I would just be quick. It looks like a vital trade. To the upside, I'd be risking the maybe the intraday low and I'd be betting a small amount of money. but in reality, penny stocks are just not where you should be at.

There are people who trade penny stocks and make a lot a lot a lot of money. It is possible. I'm not here telling you that you can't make money on penny stocks. I'm just saying that people who do make money on penny stocks, it's few and very far in between.

And the real people who are making money on penny stocks are people who short penny stocks. Yes, you can find a counter example of someone who goes along on penny stocks and it works out for them. But my point is is you could probably count those people on your two hands. It is not a common methodology that leads to like a profitable trading thing, it's just not.

uh. I'm not saying that this one's gonna end horribly and get crashed right here. We're talking about the fact that you should be in the markets for a marathon, not for just like one individual trade. If you're like nope I'm only in the market for one trade, this is it.

And I mean I'm going all in and I either make it or I don't I truly wish you the best of luck I want you to make money on him. but for the people who are thinking that chasing something such as Trka is something you should do time and time again and it somehow has net expected positive return, Just the odds do not suggest that they don't suggest it. Um, Trka is the cheek Clapper it very well might be. and I I hope if you're in it, you're making money.

But the reason I'm not trading it is because it has every single sign as a pump and dump with really poor risk. Reward setup: Really really poor Arista reward setup. Uh, it supposedly 70 shorted so there's that. but if they're not forced in on a margin call, it's not going to change.

Uh, where's the gap on this? The Gap fill today is 397.25 on the overall Market 397.25 397 397 397.25 I Get it, there's going to be many accounts I bet there already has been and I bet there will continue to be of like it's just or it kind of drives me a little bit crazy of like are are people really just not seeing that continuous like that hype cycle of like oh okay man it's highly sorted and people are talking about people are talking about then it starts to go up and then because it's going up people get fomo and then they go into it but understand as it continues to go up those original people who called it out are selling into that. So the people who were early to the party and people are like oh wow they were right, they were called out, they're making money that whole time and then it's the people who are late to the party. You are late to the party Trka In the past How many two months Now two and a half months is up two hundred and seventy percent. By any definition going longer you are late to the party and those people who are calling it out I mean they call out a lot of things and eventually they get something right and then you are their exit liquidity.

Understand that these people who are allegedly right and they pointed it out to you, they are now selling into you trying to get other people to buy it. At these levels it's just such a dangerous game and of course it could keep going I am not saying that it's impossible to keep going I'm saying if you go out far enough in time like if I don't know how long, but a couple weeks, couple months, this ticker I would bet an immense amount of money will come back down to where it was trading beforehand. This, it's just I'm not saying it's an intentional pump and dump I'm not saying this is like an Atlas group of like let's get people to intentionally do it but I'm saying the way it will look and the way the price action will go is gonna pump up and it's gonna dump down hard. That is fully my prediction I mean this is how did it go I mean people were arguing with me I said it's going to happen with Mullen look at Mullen how many of you were in here who I said be careful it looks like a pump and dump and now Mullen got absolutely clobbered.

This is why when people trade penny stocks, the people who really make money on penny stocks are the people shorting this because when it started to crack here, let's just say you arbitrarily went short at 40, you're now up 42. Um so Mullen got absolutely clapped there. Gtii another one that was getting pumped up. look it got absolutely cluttered.

Um, what's another one? uh what's another one? Which one there was another one recently. Uh, you must not watch Charlie's ZIP Trader uh no I don't uh I have nothing. no issues with them but I just don't HKD another one that it's been known in the past to pop and recently started moving and that one lasted literally a day and just got absolutely destroyed. It went from 38 all the way down to eight first red days typically a bad sign and then when it cracked here at 1667, I mean you'd already be up more than 50 percent like we see this time.

Bbig is another one. it's just ass. um another one that people seem uh, clove right was one another one just pumps and gets absolutely destroyed like we we see this time and time again and folks like uh, eventually you have to start putting these patterns together. You have to uh, let's go rumble.com rum Moon Gang AMC I'm in Rum.

That's just an investment because I see how much it's growing and I just want to be in it now and see how it plays out over many, many years. Prague Yeah, which is now Bior that's another one that was just it got hyped up and I even like I'm not saying that I'm a person here who's like oh no I see this coming all the time I got trapped in Bior which now went for a 25 for one or one for 25 reverse split. Um, so if you do the math accordingly. I My average was four dollars, but now you have to multiply that by 25.

So now it's basically 100. I'm not sitting here I'm not speaking from a point of like oh, I'm so mentally disciplined and you need to follow me and this is how it all works. blah blah blah I'm speaking from a point of folks I got screwed over I am so horrifically down on Prague which is now Bior I hate it and I'm owning it and I'm a bag holder and I wish that they had like one little pop to the upside or something. so I could get the hell out like I am not telling you from a position of like expertise I'm telling you from a position of a person who's lost a shitload of money doing this dumb.

This is why I even want to talk to all of you because if I can help you guys even save like whatever a little bit of money, that's 100 my entire goal. My entire goal is to see if I can help you guys, avoid and sidestep some of the I guess psychological traps that I myself have fallen into that's cost me a shitload of money. foreign made some trades. what are they doing? Uh, so I'm slightly up on the earnings call strategy I'm slightly up on the bond ladder strategy and I'm slightly down on the government recipients.

slightly down on the government recipients. All right. Well, I want to finish watching the market open the first whatever 15 20 minutes. something like that, the Spy slowly drifting down but not much.

still green because of the Gap up Tesla actually popping which is Tesla's going to be the thing. That like ruins my one account for sure. Uh AMC sold off pop. Now it's not really doing much, but it is green on the day.

Uh, rums green on the day Bouncing back from a sell-off on Friday oiled down to 75.5 a barrel. Um, things popping a little bit. this trka, it's working. It's up 30 but this is not something just to really drive home.

This point. this is not something you just dime in hand and think like no, it has to work. This is going to end horribly for a lot of people who aren't like for who, people who are not quick and are just bad gonna end up as bike holders. don't be a bag holder.

uh do you regret not getting out at AMC when it hits 70? Tough question I Know Hindsight is 20 20. Well of course yeah. I mean of course you wish you trade everything perfectly I wish I bought AMC at the low I wish I sold it at the high I wish I shorted it back down the low like I wish I play Everything perfectly because that's why you're in the market. That's how you make money.

But that type of stuff as you alluded to it, is Hindsight's 2020. You can't really predict that. Um, but yeah I mean for me folks. AMC Whether all the training like whether it's just the stock or options, what if we're talking about calls push AMC all of that stuff just that one alone I mean I know definitively and I don't like looking in the number I know I lost over half a mill.

maybe probably three quarters of a mill. It cost me a shitload of money. So like of course, like you're asking me if I wish I like did it perfectly made money I wish I was break even on it like I Honestly, I'll even go to the point of be like I would be stoked at this point to just have not lost money no less actually be profitable on it. So like, of course that's just how it is.

that's the world of trading and this and I will be the first to tell you I will be the first to admit that sometimes when we see things like bior or AMC Jimmy that's psychology of seeing money and it rips so easily, blah blah blah. it's so easy to fall into a poor psychological mindset and that's the last thing you want with trading because as soon as you like, it can take forever to make money. This, This is the game of trading. This is the game of investing.

It could take forever to make serious money, but it can take one trade to ruin it all. Um, it's it's very much. Sometimes it feels like trading I don't know how many of you watched that. Alex Honnold documentary.

It feels like free soloing is like you work and you work and you work to just get like some success. But then one misstep can ruin the entire thing. That's the world of trading. That's the world of investing.

Yeah, of course you can take like a little hits here and there and survive it. But if you take like one blunder, it could just be game over. Um, and that's what it is that that's the game of trading and that's why you really need to be on top of your. uh, are you worried government will add magnets to their emotion? Watch this.

Oh Emoji Watch list I'm very worried they will I I Feel like that one was specifically pointed at me. They're like we're coming for the Magna chat. Uh, it's also like free climbing because the more emotional you are, something is wrong. Yeah, bye.

I Fully agree now. I Get it. I mean I've done degenerate things like if you like that occasional bet of just like a D Gen bet where basically whatever money you're putting on the table, you're just assuming it's not coming back. Yeah, that's fine, but like to think that something like Trka is a legitimate trading strategy.

Well, I would agree with you. I Would just say the legitimate trading strategy surrounding Trka is shorting it at the appropriate time, finding a locate which is probably super expensive, and going again like what Is this an advertising market like? It's just I guarantee. If you look into its fundamentals, it's probably a company like a lot of these are, they get a pop out of nowhere. If they have any other shares to sell to the market, they're gonna do it.

They're gonna dilute it themselves to raise more money because it's probably not a good company. We've seen this pattern time and time and time again and there's always. there's always new suckers that get sucked into it. So I hope you guys are past that and we can move on to like the next stage.

Uh, what do you think of AAL American Airlines Out of all, Airlines it's actually my least favorite just because of their balance sheet situation. Things like Southwest JetBlue are stronger, stronger fundamental. um Airline plays as an airline though as like a person to ride it. I I wrote American Airline on Saturday and it was fine I don't know.

They're all just like equally uncomfortable. What? I don't get about all that stuff is I am not like a tall person I'm 5, 10 on a good day and I'm uncomfortable on a plane. So what happens with anyone who's 510 plus like you guys must be so incredibly uncomfortable? Uh, is zip Trader to blame I didn't Why did is a zip Trader The person who talked about Trka like I can't comment on it because I don't know what he said if he just said hey I think this is a really quick, highly volatile day trade I Kind of agree with them if he's talking about it being a great investment I mean I would have to know his reasoning I Can't fairly comment on anyone I haven't seen the video so I can't really say anything about it. hey Matt Enjoy lunch on me! Took my account from 274 to 1900 on multiple spy out trades from listening to support levels Zachary massive massive Congratulations What a huge return! You know what? Man, we're gonna dedicate a quick Wall Street song to you What a monster monster Return Here we go.

wait I Want to make sure the sound's on for you? This is for you. There you go. Oh hell yeah! Wall Street There you go. There you go man.

I Appreciate the super but uh, more impressed with your returns Tesla Popping a little bit I Like how the Spy slowly coming down to reality and someone's just been buying so much Tesla lately blows my mind John B Becoming a fat biter bot fighter bot fighter fighter bot that's our Gundam All right have we done anything yet? Uh so I think my future strategy the earliest it will trade will be 10 a.m so in 13 minutes will be the earliest. like for its next trade. It did trade a little bit in the overnight session and I think it was not ahead. It was like break even after commissions and everything.

it was like up three bucks. So pretty much the overnight session for the Futures robot was flat. Nothing too too exciting going on there, but let's see if it can do anything during the day. Today should be I just want to double check I guess I'll know more at 10 A.M to see if there's any pending order.

so I'll come back to that. uh trk, it's holding its gains. Put in a higher low right here. I guess if you guys like forced me to go long on it I would be going long now risking 37.20 I would keep my risk as close as I possibly can and if it were to break above 40 as soon as I can, I'd be moving my break even or my stop to break.

Even so, I'm not risking any money on the play. uh AMC it's doing okay higher highs, higher lows. but I'm a little bit worried about the Spy right now. I see the Spy not really catching a bid.

Maybe we should pay attention to the dollar. The dollar is not doing anything either. Uh, kind of a strange opening thus far. Strange opening.

All right. Well, before we get into a obviously a full breakdown of my current positions: Matt Are you standing up? You know it, we're burning more of those calories. I Want to give you guys a full review of all my positions. like literally my live positions.

The only things that are messing me up right now are my Q puts and my Tesla puts. But all the premium I've been selling has been working out beautifully. actually. speaking of that, I Need to check in on coin.

Where is coin at coin? Okay, pretty much break even so I should be good on coin as well. Um, speaking of opening I Someone sent me a gift that they wanted me to open on stream. So I haven't seen it yet. Uh Christine I think you're on Rumble today.

Uh oh wait, uh to read in conjunction with your completely real girlfriends negotiating book. Uh Christina thank you thank you thank you I Just want to make sure I read that. Uh, check this out. Someone sent me this I haven't looked at it yet.

Look at this book. How to not be a dick in Everyday Etiquette guide. Thank you so much! Oh what's in this thing? How to how to not be a dick agreement. This is to certify that I Matt Cora's resident of New York resident of I guess my apartment in New York will do everything in my power to avoid being like a dick.

Further: I will actively encourage others to avoid dickish behavior in order to avoid this. I Will respect others, Be considerate, listen, communicate, clearly. treat everyone as an individual empathize, see the big picture of value, caring and sharing. Take responsibility for my actions and feelings, and number 10 Help others they literally have.

You have to see this is too funny. uh. Table of contents: How to not be a dick in relationships at home, at school, at work, at play, in transit on the internet. Uh, a typology of dicks I should probably hop right to 171 on the internet I could probably use that one 171.

I I Might really benefit from not being a dick on the internet I Hope this is a long chapter. Warning: The Internet is forever an appropriate level of caution. I'll have to read this and let you guys know it. They might have put in a special chapter for me that was basically don't fight with people about AMC and don't call people stupid.

They're even talking about being a dick in a movie theater. This is too funny I'll read it and uh, maybe we'll do a summary video and I'll help you guys understand on how to not be a dick. Uh, shout out Christina I Appreciate it. Thank you, thank you thank you Christina B Oddly getting a book of how to not be a dick from I would say we internet bullied someone together.

For those of you who don't know the story of Christina Uh, someone back when I lived in Philly I I Don't even know that doesn't really help. That particular detail doesn't help anything with the story. I Just remember I was at a gym in Philly like I'm almost like remembering the circumstance. um some lady who was overly Tan in her Twitter photo was saying absurd things to me and then I looked down and the like first comment under it was just shut up Cheeto and I really I literally remember uh, just losing my mind audibly laughing at the gym.

It was just so funny. Shut up Cheeto it was so goddamn funny. uh live stream not coming up in feed uh I'm sorry about that, but you you'll just have to talk to YouTube about being crappy. it's gonna be if I go to Rumble I bet it comes up Bam! Bought a bing Bada Boom Street use code Matt to receive five dollars to five thousand.

You could check it out with the bitly QR code if you want, but that's how easy it is to find me on. Rumble If you need to find me on Rumble Easy Peasy Lemon Squeezies usually you just go to Rumble.com All right, it's almost 10. Does that mean my bot's about to trade? Uh, means I should probably check in on some of my positions. All right.

So with that being said, let's see how everything is doing today. The only thing I'm worried about are my directional bets for the cues in Tesla Um, just today, they're going to look bad because, um, the markets are going up. but just so you know, they don't expire for three weeks. I still have three weeks for this play to work out.

Other than that, the premium selling has been going pretty well. So here are the Q puts March 17th 288. Those are very much going against me. They cost me 540 as of now.

but once again, uh, March 17th I have three full weeks for that to happen I'm still feeling good about it. In terms of the Spy I have a call Credit spread for 15 by 418. As of now, that is up decently, it's up about a hundred dollars. You would just take the difference between the the green and the red here.

Uh, so 400 300. so that's about up a hundred bucks. and I have a sitting order to sell it at a 50 gain of the max theoretical. The theoretical Max profit.

Uh, and then for Tesla here's my Tesla put to the 175 once again for March 17. that's costing me almost a grand, but obviously then the premium. I'm selling this one. the 215 by 2 1667 pretty much break even.

so. Uh, we're kind of in the scenario where my premium selling has been doing really, really, really good. and then the directional bets are not paying off at all. Uh, and then I got onto Weeble just because I was told that there are no Weeble commissions.

There are still going to be commissions from the options exchange and from the SEC. Typically, they're negligible, but Weeble itself doesn't charge you anything. and I sold a bunch of Premium over here and this account which was funded with 10 grand Tech quickly. when I funded it had ten thousand eighty dollars in it.

The eighty dollars was left over from something else um, or like the previous time that I was using Weeble. But uh, I'm not going to do any directional bets on this one. I'm just gonna try to show you that yes, by just selling premium which is typically thought to be like boring and you can't really gain any money. Um, I'm gonna show you at least of the best of my ability that I could grow it.

Um, so right now Netflix is kind of screwing me up. I'm in that 38 trading at 58. Remember when you're in a call Credit spread you want the number to go down I sold it for 38 and now it's trading higher. which means I'd be losing money.

The Nvidia vertical working well. 50 currently trading at 37. Spy: I'm in at 40 currently trading at 29. the queues: I'm in at 38 trading at 34 so that's good.

Um I Don't know if you guys can see this. my head might be cutting it off, but this coin vertical. uh, I'm in at 50. it's trading at 22.

So I've already 50 of this coin vertical. and then the Tesla one. I'm in a 27 trading at 33. I know those final ones are being chopped off.

Wait actually can I Just no, it's gonna be chopped off so slightly down on the Tesla very much up on the coin. uh, slightly up on the cues decently up. I mean I'm up almost over just over 25 on the Spy Nvidia I'm very much a uh, almost almost I mean I I want to take profits that I need 10 more cents to get to that 50 profit. Uh, so the only one I'm getting screwed up right now is this Netflix vertical.

but I'm not worried about that I don't think Netflix is gonna exceed 347 by March 17th. Um, so I'm still feeling fine I I think Theta Decay is going to go in my favor speak I guess I should just check in on it really quick just to see where it's at. Nflx 347 I Don't think it's going another 20 bucks in the next three weeks? Could it? Theoretically yeah, but I just think the odds are going to favor me. uh I think everything's going up today.

we're getting that mean reversion and that's fine. Uh, but I think eventually the Theta Decay will benefit me. Do you usually take profit at 50 there? or I do if there's another play I want to get into so uh, I will let Theta favor me more if I like basically if I need more buying power I will take profits at 50. Uh, but if there's other times where I'm like, yeah, I'm not really feeling it sometimes I'll lead it bleed out a little bit more just because.

like, whatever, a little bit more money helps with some of the commissions and stuff that I've had to pay in the past. Uh, but if and this is this is not my own research and I just want to give credit where credit's due, but shout out to Tastytrade AKA Tastyworks. Um, they have a lot of great educational content and they've done some pretty serious back testing and what they found the optimal strategy to be is basically sell premium 45 days out and then as soon as you get 50 profit, lock in that profit and roll to another position. Um, there's obviously other nuances in there.

They like to look at the 16 Delta Uh, they like to like pivot everything at 21 days. There's other nuances there, but on a high level of what they do. when they're selling premium, they look for something that expires 45 days out or very close to 45 days. and they like to look at the 16 Delta or the 0.16 Delta when they're selling premium and when they're over 50 profit, they like to lock in that profit to mitigate tail risk.

The Dollar's vomiting right now. All right, AMC is not really doing anything so we'll put the dollar the Dollar's vomiting. so the Spy is popping. Well, This inverse correlation is something that we've all been aware of for quite a while.

I'm getting a little bit antsy of my own. um, my my own robot here I think it should be training at 10 A.M but we'll see I just want to see if I did this right. I've been continually changing this code. uh here I'll switch it over so you guys can see it.

So this is on the Futures market and uh, before I was noticing issues where I really liked my strategy but then if we were doing an interview or if I missed the indicator um, it was giving me the signal and then I still had to buy or sell and I just noticed that like too many things were getting messed up. Um so what I'm doing now is it is fully automated. That's what this up here means. Uh, when it's like green and red like this, it means it is a fully automated system.

The robot is buying, the robot is selling I am not involved in it at all and there's been some issues I mean I'm on probably I don't know. iteration four or five now of this particular one, just trying to update it and for some reason it's past ten. Wait, why is there a time discrepancy? It's past ten. But this bars.

When does this bar end? The bar ends at noon Oh I Thought it would fire at 10. now I'm now I'm thoroughly confused I Guess it's not going to trade again until noon I Thought I'd trade at 10 but apparently this bar ends at noon. so scratch that, it's not going to trade anyway. Uh I wonder what I did though that it got altered like that.

Trka looks like it's starting to vomit. I Wouldn't be surprised if this is gonna just people who got tricked into going long on it. Um I Wouldn't be surprised if they're gonna start to panic because they're at their pain level. As soon as they're cracked, you can have some day traders who were chasing this being like uh oh I'm getting a little bit worried as it continues to sell.

Do you have a percentage of Premium to spread amount your target I.E 15 for every dollar spread? Um, no. Joe you're The Rule of Thumb is to go for for every dollar spread, you should be going for 30. A third is even better. Um, so 30 or higher.

But the current market environment it's hard to find those setups. You're gonna have to find a good volatility situation. Uh, volatility. Just it.

I'm not saying in everything it's not juice, but just generically. Right now, volatility is not that. Juiced But percentage-wise yeah, the rule of thumb is to go for 30 cents for every dollar spread. So if you're selling whatever a spy for 10 by 411, the credit you receive, you want it the higher the better is the answer.

Um, but typically the rule of thumb is to not accept it. and recently I've been getting into ones I shouldn't be getting into and granted they are paying off just because we have been selling off and I did a lot of call Credit spreads uh but I should be looking for better better opportunities Tesla please. Uh, Tesla's been having a good day which makes me sad because it means my account's having a bad day. Uh, will this guy answer if I pay? uh.

unknown soldiers you could just ask what is the next game stock sock need to know or would beat the Dow going upward? Well, I can't Really, it's not really that good of a question. Unknown Soldier No one knows what the next game stock is going to be and if someone didn't know what the next GameStop is going to be. Do you think they would tell anyone inherently? If you tell someone like that, that means that they also buy it and then as you're trying to buy it, you would get a worse fill. So if no one knows the next GameStop But if you did, you definitely wouldn't tell anyone.

and it's just you're hoping you're in on the play but he would not tell anyone. that's for sure. Um, hang on people are yelling about Apple So the dollar keeps dying as the dollar keeps dying. Look for the market to keep going Apple's having a good day Tesla's having a good day.

spy is having a good day. Um, the pending home sales came out at 10. A.M Let's check in on that number really quickly. Let me see if I can find it for you.

Uh, where was the pending home sales? The pending home sales? The pending home sales? Uh Justin U.S Durable goods orders plunge 4.5 in January Biggest monthly drop since coveted lockdowns in 2020. Um, that is good for the market because it means that they are stamping out demand. That's why the Market's up even though the Durable Good orders plunged. Um, it's kind of.

We're in that inverse world. the inverse world. and I just want to find uh I Just want to find where in the world the pending home sales are I think I know what account should have it. Let's see.

Let's see. let's see. U.S Petting Home Sales change January for report U.S Pending Home Sales Index Actual 82.5 and the forecast was not known. Uh U.S Pending home sales change month over month.

Actual 8.1 percent forecast was one percent. So home sales going up. Uh, so they were taking a pretty big breather recently over the past couple weeks. Uh, but I guess this time around, month over month.

Uh, we the forecast was one percent and home sales were up 8.1 Uh, so a little bit of a breather in the old the old real estate market. All right. Well, oh, someone just tagged me in this. this.

is funny. Is there a music? Yep, there is music. So I can't play that? Uh, just trust me, there's a great soundtrack. Going On Here we have Marjorie Taylor Green AKA Space Leader Space Laser Lady Um, looks like she's doing Pull-Ups So let's count how many pull-ups she actually can do Zero Zero Zero Zero zero.

Uh, maybe one there. the one at the end there I might count that one. Ah no, no, it would like. We'll give her half of a pull-up U