Everything. What's happening? Foreign, foreign, hello, hello, hello. Welcome back to a slightly Late episode of The Mad Core Show Folks I Literally just walked in I got off the plane and I looked at the Uber driver and I said you better floor it because I'm already late for the show and I obviously have some things to say but I don't want to necessarily hide the market from you. Yes, the Bell did.

uh oh, the Bell did go. Dignity ding ding ding. Can you guys see it is my computer Dude I was rushing your boy. had to get up at like I don't know three four a.m this morning to get onto that plane to be here in time.

It was not the most ideal situation, but uh, the Market's open I'm seeing numbers come across. Do I know what's going on in the world? No. but I'm getting notifications on my phone about something with retail sales. Something about a report going down in China Something about student loans Something about a Hollywood strike, Something about Banks potentially getting downgraded by Fitch Folks, you guys are running the show today.

Very honestly this is the guy. This is the look of a face of someone who got up at 3 30, got on a plane, told themselves they were gonna sleep and be rested and relaxed for the show, but in fact they weren't because it's a plane and no one's ever comfortable on that plane. And honestly, if I just sat there in an uncomfortable situation, maybe my life would be a bit better. but I didn't Instead, I opened up my phone and I looked at what movies I had downloaded I had downloaded the movie Dune d-u-n-e and it's on Max I believe I think it's an HBO Mac Show and now if anything, I'm just frustrated because I don't get the movie I'm about three quarters of the way through the movie I didn't say one quarter I didn't say two quarters I said I am three quarters of the way through the movie and I still don't know what's going on so I'd be less frustrated I'd be less perturbed and talk about getting kicked when you're down I Walked into the apartment, dropped all my stuff off, getting ready to rush to the studio, and threw my stuff in there.

And before I go I'm like oh yeah, you're now the father of a cat. You should say hi to the cat and the cat Piper Acting like a completely am a stranger so that had me shook I'm uncomfortable I woke up too early I don't get the movie Dune and now my cat's acting like we just didn't hang out all weekend and we're best buddies. So I guess I'm finally getting some payback for the fact that I transport her around into Trader Joe's bag. so it's I Was gonna say it's going to be one of those Mondays but it's not.

it's a Tuesday we're having a weird Monday on a Tuesday so I guess it's going to be one of those moose days type of days. So folks I hope you can just stand with me for a little bit here as I'm getting my life together. This is the second thing I've consumed today. The first thing I consumed was a S'mores cookie.

so my diet's going out the window. that thickness that so many of my loyal loyal fans and audience members have come to just really admire about the show. Just the pure thickness it's turning into Flubber My this is the second thing I've consumed today. First was the S'mores cookie which you probably shouldn't be having it five in the morning, but I did because I do what I want and the thickness is going away and it's turning into a bag of mayo.

So we're We're all over the map team. We are all over the map, but you know I highly doubt it is up yet. The only reason that we're possibly able to even be only a half hour late today is because my producer who got all the streams and everything set up for me. Usually that's a job that I take on because he's not in the right time zone to do so, but he's probably sleeping right now.

but anyway, he'll know he'll You guys will at least know it doesn't matter if he knows, but you guys at least know that. The only reason this is somewhat put together today is because my producer so ever give a little bit of Applause for chaos making it today just so we're not completely completely gone. But I do want you to know oh this is not I didn't even pin it dude I am so far away where I need to be today. This is what you get.

This is what you get for being the biggest Pico influencer on this side of the Mississippi this is my life you know I Can't complain about it because I I I chose it. Uh, all right I just pinned the message to the top of chat so if you guys could take a quick second, you shouldn't be trading yet because this Market just opened and we're doing a little bit of time to breathe as you guys know, but pinned to the top of chat in the description of the video is the link to today's stream sponsor I'm talking about Street Beep! You can download it for free and if you use the code mat you get a free 30-day trial. This is a Robo advisor so yes, you can do the buying and selling of stock the way you normally would. You don't have to.

They don't accept payment for order flow if that's a concern of yours. But what's cool about it and what sets it apart from maybe these other trading services that you've heard of is not only do they have pre-built AI trading strategies you can use AI to create your own trading strategies. You've seen me create them in the past, You've seen me use them in the past I have my own money invested in it right now, so check it out! It's free to download pinned to the top of chat in the description of the video. Show a little bit of love to Streepy and when you're signing up on the very first page, make sure you're using the code mat to get yourself a 30-day free trial to see if it's appropriate for you.

If it isn't no harm, no foul. But the people I've talked to that have been using it truly do enjoy it. So show them a little bit of love pinned to the top of chat in the description of the video and at least I Remember that you know the fact that I got confused on Dune the fact that I ate a S'mores cookie and that's my only sustenance on the day and the fact that I am emotionally distraught because in fact, the cat that I so graciously brought to the vet in a very comfortable, high quality Trader Joe's bag is currently acting like we don't know each other and I didn't have time to examine it, but it looks as if there's kitten-esque bite marks in a pair of my shoes. So I'm not trying to place blame because I don't have evidence and it's not appropriate to place blame without without evidence.

Obviously, you should be sure you are innocent till proven guilty not only as a human American but also as a feline. American So I'm not saying by any means that Piper is guilty because I don't have the evidence of it, but there is evidence suggesting that someone with small little sharp teeth were chewing on the end of my shoes. So I just wanna unless another pet was recently acquired. Unless a different competitive kitten broke into my apartment and started chewing gum, it could be a frame job.

Cats and kittens and dogs and puppies. and All Pets commonly get framed. It's a well-known fact of the Animal Kingdom. Pets can get framed just the way humans can arguably even easier.

So I'm not saying she's guilty, but let's just put it this way, right after this show, we are going straight down to the police barracks to get a mold of her bite pattern to see if there is a match. So obviously you'll have to come back for the afternoon. Power Hour show to see to see what's going on there. My street Uscb has been up between 60 and 22 percent since.

Feb That's a heck of a lot better than my self-directed stuff. Christian I'm happy you're finding a bit of success with it. Uh, Tekken Thank you I Don't know what you're thanking me for, but I you're welcome Tekken you are whatever. I did that maybe made your day even one percent better.

Thank you thank you for thanking me. and I hope you're welcoming me for thanking you for your thank you. You know the evidence is completely circumstantial. I moved from mistrial.

You know you're not wrong. This might be an emotional Outburst for me. so I I can't even tell you you're wrong here. Can I discuss rum and it's cliff diving? Yeah.

So for those of you who don't know if you're watching me on YouTube right now, you probably missed me yesterday. There's probably a matte sized emotional hole in your heart and that could have been filled I could have filled your hole if you were on Rumble So if you're sitting there on YouTube right now all sad and upset and lashing out at me emotionally because we took a longer weekend, it didn't have to be that way. It did not have to be that way. You could have watched me on Rumble yesterday.

I had the opportunity to do an Abridged version of My Morning Show from Rumble Studios and then yesterday evening Rumble had their earnings call and then I was able to interview the CEO Chris Pavlovski of like what's going on with the company Tell us, tell us what's going on in the past quarter, tell us what you're looking to in the future it's up on Rumble it's exclusive on Rumble Check it out but obviously it was all about Rumble So if I had to guess and once again I am not actively trading Rumble I did one small purchase of Rumble probably over a year ago and I did one large purchase of Rumble at least relatives in my account size over a year ago. Since then I haven't traded it I'm not actively trading it. It's an investment for me I don't play options on it I Literally just bought shares once again over a year ago. one small purchase, one large purchase and other than that, I'm just holding it because it's an investment.

I'm looking at this to be most likely a multi-decade type of a thing now. Obviously there's some caveats to that if there ends up being like a squeeze or something, of course, I'm going to take my money. Um, but in the meantime, it's an investment I don't actively trade it. So the way I think about it is differently if I had to guess and this is just a guess because who knows why anything moves in like around in the market.

You know, like just things move because whatever. Because sometimes there's like little felines that break into your apartment and bite your shoes and leave weird little teeth marked. That happens it. It happens commonly.

So anyway, Anywho, I had if I had to guess even though it had a record-breaking Revenue quarter, a record-breaking minutes watch per month of the quarter. On top of that, there was the fact that to get that, they also had like record expenditures for a quarter. I Don't know, their net profit was not on the side you want it to be. This is common when you're looking at a Growth Company like basically, like, yeah, spend money to make money type of a thing.

but I think Rumble is um, commonly compared to already well established companies such as Twitch from Amazon you have Meta from Facebook or I guess Facebook from Med is probably the way right way to say YouTube from Google. So I think sometimes people don't understand that they're in completely different phases of business. So once again, this is just a conjecture if it goes low enough I buy more to lower my average. But other than that, I'm not actively trading it I'm not getting caught up in the minutia of a minute to minute movement because I'm planning on holding it for decades.

Like I said, record-breaking Revenue record-breaking minutes watch per month. And that was mainly because of an increase in the young younger demographic from 18 to 24 while the older demographic is not watching right now because we're not in the political cycle. So imagine what happens in 2024 when you have the younger demographic continuing to grow because of Acquisitions such as Kai Cenet I show speed, Ricegum and that cohort and then you add in the older crowd that cares more about politics because of the political cycle. So and this isn't me saying it, this is the CEO multiple times.

He's referring to 2024 as their Super Bowl year. So this is foundational. they want to build out. There are basically their notoriety their their cloud services.

It is in the world of AWS Microsoft Azure Google cloud like which is I mean last year that was a hundred and forty billion dollar sector. So they're building that out. They're building out their advertising and they're building out their notoriety and it's just going to come down to the execution of 2024.. So honestly for me right, it doesn't matter what's going on right now in terms of like the little movement to the upside to the downside, it truly doesn't matter because I want to see if they can properly execute on the business fundamentals throughout the year next year.

So for right now, I'm just holding if there's a specific question. like if I veered off too much. feel free to like get into your specific question more than happy to talk about it. Obviously I wish it was going up I'd personally be much more comfortable I'm about two dollars under my average value I'm in around 955.

it's trading at 758, but this honestly could be much more because look at what's going on with the market right now. the Spy is down point six percent, the cues are down 0.5 I mean we have Apple down 0.5 The only thing I have green right now is NVIDIA and even Nvidia is looking for its intraday low. But like I think we're just seeing weakness in the market in General stock futures fall Tuesday is disappointing China dated dampens sentiment uh I was reading on the plane and I wasn't able to get the full story because playing Wi-Fi sucks. but something about they're no longer going to be reporting um, below a certain age their addition to the workforce.

So I guess like there's a younger group that's just like not working at all in China and they're just like yeah, we're not gonna be talking about that anymore. Where did I see this? I'm trying to remember I think it was FX Edge I think this is it Yeah, right here. China to stop publishing data for youth jobless rate which definitely tells you how horrifically bad it must be when they're just not going to tell us it anymore. So once again, China's been until I Talked about it a little bit yesterday, but we're continuing to see weakness now.

This morning, an hour before the market opened, retail sales increased 0.7 in July better than expected as consumer spending is holding up. So this is kind of interesting because remember good economic reports we live in the upside down world are having a negative impact and what I mean by that is the fact that the economy is still hot and the Fed's like, ah, dude, we really wish it wasn't hot which maybe strengthens the case that we might not be dealt with Ray hikes now at this moment I Don't think this is a strong enough hot enough report to really stop. like I think we are done with rate hikes, but right now, obviously the market not liking it the most, but this is probably the least impactful this morning. I Think this is really what's causing some concern Fitch Warns it may be forced to downgrade dozens of banks including JP Morgan Chase If you have to down downgrade the biggest bank, that's not a good situation, fit trading's Cuts its assessment of the banking industry's Health in June a move that analyst Chris Wolf said went largely unnoticed because it didn't trigger downgrades on banks.

but another one notch downgrade of the industry score from a a minus to A8 plus would force Fitz to reevaluate ratings on each of more than 70. U.S Bank State covers if it. If we were to move it to an A plus then that would recalibrate all of our fine, uh, our financial measures and would probably translate into negative reigning actions. Obviously I haven't listened to this yet, but let's see what he had to say.

There may be another downgrade coming for the banking game this morning. It may be forced to cut the credit rating of dozens of banks including big ones like JPMorgan Cnbc.com's Houston was first to report the story. He joins us now at you. So what's behind this potential move? Hey Mike so I think uh.

Just a little bit of context here. so so Fitch uh back in June lowered its assessment of the U.S Banking industry's uh Health uh from double A to double A minus Uh, and there were no rating changes on the bank, so it went largely unnoticed. Um I think Fitch was actually kind of concerned uh, at the increasing risk that they'd have to cut it another notch. So taking taking that industry rating from double from double A minus to a plus which is one level lower.

Now the problem that that introduces Mike is that you have four institutions some of our top rated credits including JP Morgan and Bank of America the two biggest banks in the country that are rated currently double A minus and you can't have Banks rated higher than the operating environment in which they they operate. so that would necessary the examination of cutting them from double A minus to a plus and that would potentially set off a Cascade of examinations of the entire universe of banks covered by Fitch. They're more than 70 where you'd have to consider cutting some of these other Banks Uh, you know that are rated less than the JP We're going to be JP Morgan and B of A to maintain the gap between the top Banks and the Lesser credits. Mike I Suppose that this is still based on a lot of the issues that we are.

you know have been aware of for months. which is you know, higher cost of deposits, some Uh deposit flight, the taking, some unrealized losses on on bonds, Maybe some deterioration of the economy down the road? I Guess the big question for me is this will matter if it does raise the cost of borrowing for the institutions. Of course you know debt and and deposits are the the raw material for what banks produce, right? So is there any evidence that might be the case? Well I I Think you know you would have. Obviously, markets are a dynamic thing and Moody's uh, you know, cut Uh 10 10 Banks Last week and Morgan Stanley analysts basically pointed out they believe that the borrowing costs for the downgraded Banks would increase and there's even a risk that some of the banks could get cut, could get locked out of debt markets.

Overall, if you increase the cost of debt issuance, what does that do that? That basically pressures increases the pressure on their profit margins. Uh, and that's one of the big stories. Um, you know of the year I Think it's important to point out two things. The reasons, uh, the factors that would potentially push Fitch to do this would be, you know, credit normalization if if Commercial Credit Uh, obviously we're talking about office office loans.

You know if it's worse than they expect? If that normalization, uh is actually worse than they expect And they'd have to look at that. And if interest rates If the Fed actually has to keep rates higher for longer, then that's something that they would have to look at as a trigger for these potential downgrades. Yeah, normalization in this case is is a negative because we're coming off of such a low credit loss environment. I Suppose you know the idea of um of the potential for higher borrowing costs for banks in aggregate is sort of interesting given the fact that Regulators are now floating these ideas that smaller Banks should rely more on long-term debt.

in other words, raise a lot more long-term debt as a capital cushion so that they have it locked up right? And you know you're running into the possibility that you know the market, just it doesn't have a great appetite for some of these lower rated credits. Um, you know I Think the interesting thing for my money Mike is that you know the downgrades from last week were largely small and mid-sized Banks Um, you know we're talking about JP Morgan and Bank of America here State Street um Boney Melon, the top rated credits in the country potentially going down or wrong and the Cascade effect that that would have. Yeah, would it be an interesting test of of you know the Market's view of of those issuers. Uh, so we'll have to see how that plays out.

Hugh Thanks very much and uh, you can read huge for a story on Cnbc.com you could read Hughes full story on Cnbc.com Uh, so some astute viewer in chat shout out to the unnamed hero just pointed out that Hindenburg just dropped a fresh short report on Freedom Holdings Corp brings in sanctions evasion Hallmarks of fabricated revenue and risky Bets with co-mingled customer funds just dropped today August 15, 2023. Uh, the I brought up the ticker symbol FRC currently down five percent uh I don't know anything about it I've never heard about this company I don't have a position, but there's a reason it's down. Watching the support is 6752 watching the downside Gap fill of 64. And let's see if we could dive into what time is it 953.

All right, let's see what's going on. Freedom: Holdings is a 4.6 billion dollar market cap online brokerage business founded in 2008, formerly based in Moscow and later moved to Kazakhstan That's always a good good sign. It's multi-billionaire chairman and CEO Timur Terlov owned over 70 percent of the company shares and has since Inception since it's listing on the NASDAQ in 2019. Freedom Shares have rocket over 450 learning investors with the image of a quickly growing firm led by Young tech savvy founder.

Our investigation in the company undertaken over the course of a year has included review of extensive International corporate and Regulatory records interview with former employees and Industry analysis. Our research has unveiled a laundry list of red flags including evidence that Freedom brazenly skirts, sanctions, shows, Hallmark signs of fake Revenue co-mingles customer funds, then Gamble's assets and highly leveraged illiquid risky Market bets and displays signs of Market manipulation in both its Investments and its publicly traded shares Prior to Russia's invasion of Ukraine Freedom made it clear that both countries with a combined population of 188 million would be keep pieces to its growth strategy going forward. So if you're playing this at all obviously I Highly recommend you read through this in detail. understand what you're doing.

Uh, this type of stuff. We've seen it in the past. We've seen that when Hindenburg Comes Out Swinging they swing hard. But I'm now seeing FRC actually have a bit of recovery.

so if you're playing it, just be careful. Obviously, whatever you're doing, you have to respect your risk. Reward: Let's watch it for a bit just to see if there is truly any craziness going on with it. But that's what I'll be looking at.

So F R H C the newest Target of Anderson from Hindenburg research right here Hindenburg Research.com you can see it. It's literally it's their headline right now. Um, so check it out. Check it out.

Check it out. Check it out. And what am I doing today? Well, let's do a quick review of the market. Quick review of what's going on.

So the yellow lines are the weekly high and low from the previous week. The green and red lines are the high and the low from the previous. Hang on. What am I doing? Where did my other one go? Did I lose my? Is it just perfectly aligned with it? Wait, what was this one? Friday Oh, because today's Tuesday So anyway, yeah, the low from Friday was also the last week's low.

but anyway, we are below this trend line. I'm paying attention to uh, we're obviously in between the weekly High and the low. Yesterday was a strong day potentially a valley set up. And when I say what I mean when I say valleys if you look at Friday the bar to the left and the right the highest higher.

the low is higher. So I would be looking for some form of a test of 448 11. that would be my base case before I saw what was going on today. Uh, right now it's still an inside day looking a little bit weak.

so I'll be watching on. The downside: 444 38 the low from yesterday and if that gives way, I'm basically watching the low 443s. Uh, but right now it's an inside day. The tech sector is looking a bit stronger.

We have that same Valley set up. Uh, kind of looking for this test of 370.50 That would have been my prediction if I didn't see the market open right now. We're not seeing the most strength I'll be watching about 367 if that doesn't hold. I'll be watching just below 365.

so we'll see how things open. Uh I Just want to double check that there's no other announcements coming out at 10 today. Um, 8 30 Core retail sales coming in at one percent. the expectation was a drop of 0.3 What in the world sorry this week? Um, and then also retail sales came in coming in at 0.7 when the expectation was 0.4 For the remainder of this week, we get crude oil inventories fomc meeting minutes tomorrow, Wednesday then on Thursday the normal initial jobless claims and then on Friday we get the CPI but it's not Rcpi, it is Eurozone's CPI AKA Europe So feel free to screenshot this or just go to investing.com It is free.

You don't have to pay for this. Where are we going? So we held a little this morning, then we sold off. We're trying to put in a bit of a bounce, but now we're just kind of seeing some weakness. Seeing some weakness.

Thoughts on Nike Nke Nke yeah I see some weakness lower highs, some higher lows I mean real weakness to me. would be though. if this trend line breaks, that's what I would be watching. So I Do see these lower highs I see what you're seeing.

But more recently and I don't know the time frame that you're necessarily trading I'm seeing lower highs and higher lows, so a bit more consolidation than anything else if you're just doing a rudimentary technical breakdown. So I'd be watching either this top or bottom trend line if I was paying attention to Nike. So to me right now, it's a little bit indecisive and if anything, it just doesn't really move uh, the most right now. at least all right to do.

Why can I not switch the time frame? I can switch the time frame? All right? What is this? 74. All right. just gonna go for a quick little scalp trade working on some algorithmic stuff in the features Market this particular month and we'll see if I can pull it off. We'll see if I can pull it off All right.

Uh, but uh, you'll hear it. Uh, this. since I'm trading on the Futures account, that's the one that goes oh brother, so you'll hear it if it goes. Uh, but I'm looking for the first Tower either first half hour either breakout or breakdown I Think the money would have already hit if I played in on the cues, but not so much on the Spy which is where I'm attempting to play it attempting to play it.

Uh, I didn't ask you and now it's like awkwardly late because we're already a half hour into the market. So I feel like we're all cheating a little bit. But my question to all of you is, how are you feeling today? How are you guys feeling today? Are you guys feeling a little bit bullish? or a little bit bearish? A little red, a little green, or are you somewhere in the middle? Are you feeling a little bit purple? A little bit purple? Perhaps. All right, we're almost at that 10 AM hour Frhc is actually making a bounce back.

That's not what Hindenburg wants to see. All right, we are officially now. half hour into the day, we're officially now. Oh brother, All right, you saw it, You heard it.

took a bit of a short position. Let's see, let's see if Piper's strategy is gonna pay for her kibble this particular day? Pay for her kibble. Oh hello, did I do the math on this right? Uh, just seeing if I can make a quick hundred. Like I said, it's a quick scalp trade just working on a certain strategy that I'm trying to like spot test it and then if I like it I'm like simultaneously building out the code so I can execute um, systematically without me being involved but just going for a quick 100 to see if I can start this day off and obviously not only paying for Piper's food but I gotta pay for that s'mores cookie in one way or another.

But I'm in at 4474. This is on the Futures market and I'm looking for a Target at 4472.. if you want to maybe get like, just like an intro idea, like a really rudimentary intro idea of like what's going on with Futures and why I like Futures The video is posted on both Rumble uh oh there there we are. hey Rumble Say hi folks, there's Rumble that's us on Rumble But anyway, I was actually looking for this one so it's on Rumble right here.

Stop trading options immediately. this way is better. It got posted yesterday and it's on both of these right here. Uh, so you could just go to this channel uh at Matthew Coors This is the Evergreen Channel on YouTube and it's the normal channel on Rumble But anyway, if you're like you're like dude, what's this whole Futures Trading thing about like why should I care about it It's right here and actually looking at the video, it's already the second best video on the channel.

So if you want to help it beat the Tom Nash Channel If you're like dude I just don't like Tom Nash and this video has to do better. Maybe you just want to watch it out of pure anger and I get that. not particularly in Tom's case because Tom's an awesome guy. But if you're just a competitive person, check it out.

Check it out. Check it out. Uh, how did I not make my money on that fall? Where are we at? Dude? How close dude it just keep something's off with this in the sense that like I always get crazy crazy close and I just don't get my fill. It came down to 72.25 and my fill.

Look at this how disgusting is this as you can see my fills at 72. it's been there I haven't moved it and look at this the low: 72.25 This particular futures contract the market right here. the Es moves in 0.25 increments as in I was a tick away. Nothing's off with it.

It's just like um I don't like it I don't like it I don't like it I don't like that it's getting that close and yet not getting the fill I'm going to leave it in just because the risk hasn't been hit on it. but uh, frustrating to say the least. Frustrating. Frustrating.

Got him fuzzy. that was you buying up the market Fuzzy's messing with me. He's like dude I'm gonna buy it right here. fuzzy through like a couple hundred mil at the market to bounce it there I appreciate it I appreciate I too.

would spend up to I don't know 300 mil to embarrass the streamer? That's what I would do hey Matt what's the seasonality? Uh, just so you know, the seasonality is always free on locals. but here it is. Uh for today Tuesday August 15th today does favor the Bulls uh 64. Two out of three times out of the past 25 years, the Bulls have one.

This day the profit factor is 1.77 It's not the most bullish, but it's definitely bullish. And here's a look at the equity curve Over the past 25 years buying at open selling it close on the S P 500 futures market so a bit of a pop, then some weirdness and then over the past about four years it's been actually looking pretty strong. Tomorrow is very bullish. The Bulls have won once again, just over two-thirds of the time.

But the profit factors a Sky High 2.38 Once again, the buys for tomorrow Wednesday August 16th is very bullish and then Thursday and Friday actually favors the Bears in case you are curious about the seasonality. um, uh, where are we uh, but it's going down well. welcome to the world of the fact that nothing is guaranteed like So when I tell you that the Bulls have won two out of three times, that makes you think oh, okay, it has to go up and it has to no I'm in fact telling you it did two out of three times over the past. Oh my brother, um well.

I didn't bring it up in time for you guys to see that I made the money but I just made the money so you got to pay for your Texas Roadhouse some way. But anyway, locked in two points there. really easy hundred dollars. Um, so the strategy I'm working on in the background.

Uh, today proves to be a success. Obviously you didn't see the trades yesterday, but it also proved to be a success yesterday. Which means Piper gets to eat I know a lot of you were worried you're like oh dude, is Piper gonna get food? Is he gonna be able to feed her? But you guys know what's what. Street it's differently when you're the best Trader Wall Street Got their eyes on me Wall Street So fear not.

Not only did I get to eat today and pay for my s'mores cookie, but also Piper will be getting food so you don't have to call Animal Protective Services on me. at least not yet. at least not yet. Do it again.

Um I it's actually past 10 a.m so I don't even know what strategy I would run at this point I just I I don't know I I don't know I've I don't know of any other strategies that was the that. That was kind of it. that was like that was the major thing I was working on you just kind of saw it and now I feel like a little embarrassed that you're like no more. We paid for more Dance For Me Circus Monkey Um, but yeah, that's that's what I love the thumbnail Matt Bryson I Appreciate that and so does the thumbnail artist.

We we both we were both appreciative. Likes for More I don't have another shot like the strategy I was working on is literally the A 10 a.m breakout strategy. Uh, based on obviously the first half hour of the training the day, but also what happens the previous day. Uh, so that's what the strategy is based.

I Don't have I don't have any more. There's no aces up my sleeves folks. There's no I'm not wearing I I Rarely wear sleeves onto this stream I rarely wear sleeves onto the Mad core show and yet you guys are acting like I'm hiding something up my sleeve. That's just that's just something good morning.

sorry I'm late. Can you repeat everything you set up to this point verbatim: I don't want to rewind Thanks Mr Cheek Clapper Fear not I Was late today myself so we all get either we all get demerits or no one gets to merits. I Guess I could leave it up to you. Um, I could leave it up to you either we're all getting them or no one's getting them today.

It could just be a free-for-all if you guys want. If you guys want a specialty day, a specialty Tuesday August the 15th where there's free reign, no debarrants whatsoever I'll give it to you today I Understand I Understand I put everyone through the mental ringer if you will by the fact that I was already late to my own show. So if you just we want it Kyle's like give me a demerit. give me a demerit like I could take it.

Either we're all getting them or it's free free-for-all today, it's up to you guys. Come on! Magic Matt All right. Well, if you want to see it magic a ball simulator. Original.

All right, we're gonna figure it out. Will The Market continue to sell off today. Oh brother oh brother oh brother. Okay, we are running in three two.

What? Oh well. If you have puts, congratulations if you have calls, you are officially screwed. Will The Market continue to sell off today. It is decidedly so so.

Bye to your calls. Congrats to your puts! I'm happy that you folks. I'm sure half of you in here are stoked. I'm sure the other half of you in here are the opposite of stoked, but we're going down today.

The eight Ball has spoken. The eight Ball has spoken. Um, don't shoot the messenger In this particular case, if you have calls, don't be angry at me. If you get angry at me, that's that's ridiculous.

That's ridiculous that dude betting one billion plus inputs. So oh, I saw a little bit about that. How many of you guys saw the story of Michael burry with over one billion dollars inputs? Um, just so you know, he didn't actually put a billion dollars down. remember, options are leveraged at a rate of 100 to 1..

So the way it's reported on those 13. F Whatever those reports are, Um, it's the actual notional value. So to know how much money he actually put down, you would divide it by a hundred. Just so everyone knows, it's not like he actually put that much money down.

Uh, it's It's someone just said it's click bait. News it is. And it's more of like a misunderstanding of how options are reported in those quarterly filings. Um, it's not 93 of its portfolio.

People on Twitter think it's 93 of its portfolio. but that's because they don't know. Like okay, if you go out and buy one call of Tesla right now, you could say you have a notional value of basically what would that be 23 Grand because you have one call, but you didn't actually spend 23 Grand you spent the premium. So it's just a misunderstanding of how those are reported.

Um, and then when people were getting the 93, they saw that report value and then they looked at how big the money is that he's managing his AMU his assets under or AUM assets under management. They're like look at 93 but he he didn't say that he it. that's just not at. it's not accurate.

it's still Lolly I mean he's still betting serious money I mean even by that rate, that's millions of dollars. Like So I'm not saying that it's like a small bet to the average Joe but it's not like he took one billion embedded in Yolo puts against the market. Um, actually and I think I could find a better explanation for you. It's just I know some of those these like legal reports.

who would have talked about it? Who do I think would have probably maybe special Jay special situations. This guy is pretty smart. Jay I did an interview with him I bet he talked about it because he likes to rain on everyone's parade and I appreciate him for it. Oh, maybe he didn't Maybe he did.

Maybe he. Well, it came out yesterday. I'm gonna be embarrassed if he didn't I guess he didn't talk about it. Okay, who would have talked about it? Who would have talked about it? Oh wait, he talked about it right here.

Bury: Hmm. Oh right here. Bury puts on a ridiculous 1.6 billion notional short with 93.5 percent of his portfolio and puts this is notional value, not actual premium spent. So once again, you would have to like this isn't even actually the premium he spent.

it's notional value. It's not like how much money he actually put down. Um, so he did talk about it I was about to be very. What did he say about AMC You guys see how AMC's like falling apart like everyone was stoked because AMC was dropping and ape went up by slightly more and then by the time it was all done because Adam Ahrens Already filing for Volusion? Literally, the dude's already filing for dilution.

That's crazy. Anyway, AMC got rocked yesterday and got rocked. more than eight went up. So the Arbitrage is even coming at a smaller value which is unfortunate.

Oh, AMC filed an 8K noting the increase in share authorization and a 1 for 10 reverse split will be effective on August 24th. It notes that based on 995 000, AMC preferred Equity units outstanding as of June 30th, an aggregate of 99.5 million, 995 million, 99.5 so we're just dividing by 10 will be issued. The company expects that Apes to cease trading on August 25th and subsequently be listed delisted from the New York Stock Exchange I read somewhere I think I saw the SDC filing that he's already looking to do a dilution and at the market offering like it's just how are those even performing right now? Um, they're both red sick. Uh yeah, no, he's crushing it.

he is. uh, he's did. Adam Aaron He's definitely a business leader of our time. So AMC currently down 31 percent while ape is only up 14.6 14.9 is negative, 30 worse, and 15.

uh, being lonely is worse than 15 cigarettes a day. Okay, interesting. Not where I thought this was gonna go, but apparently that's where we're going is loneliness really is damaging to your health as smoking dude. Talk about targeted responses Google Stop stalking me.

Um, well. I Don't know if negative 30 is actually worse than 15 because we're not getting a uh a proper result here. but apparently being lonely is worse than 15 cigarettes a day. Which means if you're not lonely, feel free to smoke up to 14 cigarettes a day and you will mathematically be fine And that is Health advice at least in video screen.

we might as well watch the one green thing of the day. the one green thing of the day. Uh, where am I at? Where am I at? What was I doing? Oh I need to switch the nightbot Nightbot nightbot nightbot night. Let's talk about let's talk about trading.

Let's talk about trading options. Actually dude, it was a pretty good video. Did I give it a like I did Gave my own a video like I'm not ashamed of it. try to try to stop me uh Edit: What should I call this one stop? Nope.

Edit: um. trading options? All right? Submit. All right that's running. We'll enable this I Have to switch.

My nightbot was not set up all right. The nightbot should be good at least in YouTube's land bot nightbot I Tried smoking when I was 12 and it made me sick. Cigs are gross egg I'm sorry you had to experience that. but I Don't think anyone in all of chat is surprised that you have that story.

Uh I Don't think anyone is surprised that you had that particular battle. You know, you know. Amazon Dude, things are getting marked today. How's the dollar looking? How's the old dollar? The old green back? The Dollar's been having actually a nice push to the upside dollar.

How's it? TLT How are bonds? 20-year bonds are at 95.? Do you think Ackman's gonna be right on that? Or do you think Buffett's going to be right on that? All right, Not a hypothetical question, a question for the group, and it's going to be a two-parter So feel free to break out a pen and pencil if you need to write this down so you don't forget the two questions. Question number one: who do you think's a better investor and or Trader and or like better understanding of the Market Warren Buffett or Bill Ackman Question Number two is if Warren Buffett and Bill Ackman got into a street fight where there's nothing around, but it is still a street fight. So basically MMA rules. Who do you think wins better investor is question number one.

For those of you writing this down and number two is in a street fight, who do you think wins Pelosi was not one of the options so that you guys are clearly not writing it down. Oh Danny DeVito Warren Ackman Buffett and Buffett Buffett above it. Um, I Don't know why I'm being so nice to you folks today I Forgot that I'm angry at all of you, especially especially on Rumble chat. I Completely forgot that we're fighting right now.

Completely forgot that we're fighting you little We're spamming the chat with Thick during my show yesterday to the point that the CEO of Rumble a billionaire was forced to ask me when I walked out of the show, why is everyone calling you thick Do you know how awkward that is for me? Do you know how awkward that is where I already put in a sub Stellar show because I'm already knocked off my game because all I see is thick bag of mayonnaise. Fat ass loser, no friends, no fiance, no kitten yeah I see all that and then I walk out and I'm looking a person who I'm about to host their earn their post to earnings call discussion He's like why why are people calling you thick how do how do I explain that Do you know do you understand how ridiculous the truth is So there I am in my ridiculous like seriously understand this scene so I'm sitting there I'm wearing the high fashion shirt I walk out of the studio he's there and he's like hey Matt I'm like what's going on Chris uh pleasure being back here. Thanks for inviting me. let's crush it today.

he's like oh I was seeing your show I was like oh yeah that was a bit of a crazy one. he's like I was reading chat and I was like all right what what part of chat did you did you read there and at this point I switch it from Chris to Mr Pavlovski because like now it's getting weird. um and I'm trying to save face. It's like what part of chat did you read Mr Pavlovski and I'm like I'm I just don't even make eye contact at this point he's like all of it I was like ah yeah it was.

It was wild today, huh? He's like they were calling you thick like and way other worse stuff I was like it's kind of a joke. He's like it's a joke that other people other adults are calling you adult thick. It's like yeah, he's like what do you mean and then I try to explain the truth and remember once again it's there. It's early in the morning, they're having their coffee I look ridiculous I scream into a camera for a living like well you have to understand.

One time I did this interview and it was with CNBC and it related to the whole ape movement and no one really saw my legs before. he's like they didn't see your legs before but you stream I was like yeah I know it's crazy like I just they were sitting my upper half. they didn't even know my leg situation I could have had one I could have had three, they didn't know and the first time they saw my legs I was sitting on a couch and I had tight jeans on because I was crushing the squat rack and they looked thick and ever since then I've been thick cores and saying that out loud to an adult who is not in our community like it doesn't sound real. He's just like dude, you're this is a crazy person uh and then also the backdrop of it is I'm the crazy person in a ridiculous shirt being called thick by the internet who's supposed to do their post-conference call.

So you guys basically got me in trouble. not actual trouble. It's not like I was put into timeout. It wasn't like they didn't feed me lunch or anything, but it was embarrassing.

So Rumble Chat: You get an extra demerit today I Know that I got one, but you're getting an extra one. So just YouTube Chat: You could note that, write that down in your demand. Whoever's keeping track of all the demerits? please. Demerit counter the official demerit counter.

whoever it is, give one to everyone who's in. Rumble Chat not only today, but definitely because of yesterday. Everyone who's in. The Humble Chat Yesterday they all get demerits free lunch.

Hell yeah, it was a free lunch. And they also have bags of um, goldfish. So it's like it's a really good food situation in the Rumble headquarters. It's not just the normal goldfish.

it's uh, like the rainbow colorful like blast ones. I don't know. There's many different colors of goldfish. and I bet Google doesn't have that.

YouTube doesn't have it, but Twitch doesn't have it. but Keck doesn't have it. But I can tell you for certain that Rumbles headquarter has multi-colored goldfish in their kitchen and I crushed it I crushed it I crushed it I crushed it. Uh, Matt you can't know what class is like and then take us on a field trip and be shocked by our Behavior did rum dilute.

No, they actually beat on revenue and beat on minutes watched per month. No Cap They are the same as regular goldfish. Oh yeah, but they taste really good. I'm a big goldfish fan and I have not had them in a hot minute so oh also if you're just joining right now, uh, it's been a weird show.

but the most important thing is for you to know that I asked the Magic Eight ball Will The Market continue to sell off today and it said it's decidedly so. So if you're coming in right now thinking like, what do I do with my calls, um, I'm not saying it's Financial advice, but it is a Magic eight ball so it's it's not. It doesn't say eight ball folks. For those of my viewers that are lit like a little bit less observant, it's a it's a magic eight ball, not just an eight ball Magic eight ball.

You know what we could do. We can make it even better. We can make it even better. Bam.

Now there's no question about it. Now there's an it's a Super Ultra Magic eight ball. Super. You don't see that many, You don't? You don't see that around the world of Wall Street anymore.

But there it is. Super Magic Super Ultra Magic Eight Ball So pretty much guaranteed that the Market's collapsing today. Pretty much guaranteed Sorry, sorry to report if you have calls once again wasn't me. Look at the Super Magic Eight Ball but it is life.

It is life. You know. What's interesting is I can see that the show is promoted for like x amount of time and then I can see exactly where it stops being promoted. They like run it up to a certain number and then like okay, cool, no more promoting it to anyone else.

Uh so the Spy looking a bit heavy actually looks like it's now I would be looking at Friday's low Friday's low which is also last week's low. So basically targeting and that there's also something at 443, then there's something at 4 33 35. we'll just call it 443.25 What kind of I don't know. roughly split it in half.

but there's a downside Gap though from the high on Tuesday July 11th there's a low from Friday of last week. Uh, so this is kind of what I'm watching here. This is where I'd be watching on the Spy somewhere in this region. I'm gonna call it 443 20 and we'll see how the market reacts there.

We'll see how the market reacts there. Uh, are we missing any other breaking news? Uh, what? am I looking at? Someone tagged me in something Mr Smith The guy from The Matrix tagged me in something. Does anyone know how to short? Texas Tech Sororities Is this about to be like really mean? Is it just making fun of thick people? Well, can't play that because of music and Dmca ruins my life. I'm high as me too.

Oh that me. oh man, oh this one's crazy. Uh, this is from President Biden We're laser focused on getting AIDS as survivors including critical needs assistance a one-time 700 payment per household offering relief during an unimaginably difficult time. So this is for people in: Maui There's horrendous fires going on right now.

Many people are losing their life. It's a horrible situation in entire areas just literally being burned down. They're having a really, really tough time and apparently Biden's solution to it is to give 700. Sorry, you've lost everything in your entire life.

Here's 700 dollars. Over 2.7 000 structures was destroyed in Maui Valued at approximately 5.6 billion. Meanwhile, President Joe Biden with 115 billion sent to Ukraine offers just 1.9 million 700 per household to the area. This is deeply insulting.

It's beyond insulting. He's giving him 1.9 million dollars when the damage is around 5.6 billion roughly give or take a billion and Ukraine gets 115 billion. Like even the I I mean this. very, um, sincerely to anyone who's in here who like is a true supporter of Biden I'm not saying you dislike Trump I'm saying you actually support Biden Those are two very different things you can dislike Trump without supporting buying I'm talking to an actual Biden supporter in here and I don't mean this rhetorically.

I mean this like very, very earnestly Like: how could you possibly be like oh no, no, this is fine and maybe maybe you support Biden you just don't support this action. That's obviously very fair. Just like you can support someone without supporting every single thing that they do. But I'm talking to someone who is a true Biden supporter in here, not you dislike Trump I'm specifically saying you support Biden How is this possibly okay? How like How? How is this possibly okay? These like these are our people like they're they're you what? I Don't someone needs to explain it to me? Someone who who in Chad's explaining it to me uh, uh, 700 is a long night at the bar is the big guy.

uh, freaking laser beams on their head to keep it lower than a Mainland ticket. Oh, our people are rich, they have insurance. Is that legitimately your response? or are you just trolling? We don't have bio labs in Hawaii so why pay them dude? Uh oh jeez, Sharks with laser beams 700 so they can zero DD on SPX and buy a new house dude. So I don't think there's like any legitimate defense of it I'm seriously trying.

That's what. I figured it was too hardcore. Uh, it's like most democratic saying around, they don't have money backwards. Is it specific? Critical needs? Uh, designed to Designed low to be released sooner.

It specific to critical needs? designed I Think Maybe you mean law Design Load to be released sooner. Design Law to be really sooner Designed low I Think I Get the vibe of what you're saying. but for the insurance one that was a good troll. Uh, insurance will not cover the cost of a burnt building.

Well, it might if they have insurance. But once again, it was. He was just trolling. Putting out the idiocracy of the situation.

How? Also, why was the infrastructure terrible in Hawaii So to my understanding, I looked a little bit into it. It's pretty like it's not a new development. These were old structures, which commonly means that they're more susceptible to being burned. Uh, but even then, like we can, There's definitely times in history where there's new developments that things can still catch on fire.

Lost their house car dog Cat. Here's them. like it's just at a certain point. It's pretty freaking offensive.

At a certain point, it's very, very offensive. All right, we're coming down to that. Target At 443 25 ish, there is support from the low of last week. but then just below that, there's the downside.

gaffle. This is what. I'm watching on the spy and it looks like we are tracking nicely towards it. P-y-p-o P-y-p-o PayPal Getting slaughtered ever since its earnings.

Looks like it's coming down to sub 60 I'd be watching this recent low. What else is on everyone's mind? Let's go through the list. Apple Looking weak ever since its earnings and the trendline breakdown actually still looking weak Microsoft Tracking down Tesla Very much right now. Finally got that downside.

Gap Bill to 234 Nvidia still fighting Netflix going sideways Meta: It did get its downside gaffle but not selling off as much as I thought it would be Amazon holding up nicely at 137 uh, coin completely reverting all the gains they got back from there. Carvana. Actually, Carvana looks like it's on the like way to break down: Roblox getting slaughtered after their earnings slaughtered Roblox all the way down to 30. Bitcoin trading at 29k.

Not much volatility Ripple 62 cents East Not much. There's not much volatility right now in uh Bitcoin or Ethereum Oprah's one meme. dude, what does that even mean I Opened Tesla and traded Mew and yeah I noticed that too. If you're on trading View and you open up Tesla there's like a picture of Elon I think smoking a J that like populates.

if I do it on this one, will it come up? I Don't know how to make it regenerate but the first time I clicked on Tesla there's like a an emoji of Elon coming out. I Was really confused with it but I don't know how many other people saw. it. looks like profit saw it.

Strange. Strange to say the least. Matt Google Oprah's land ownership in Hawaii Oprah Oprah Hawaii land did Oprah buy land in Hawaii Property map and acreage Explorer awake of raging fires was Oprah's homes fair from the fires. What? We know.

What is this like? The newest conspiracy theory going around? Sign Me up I Love me a good conspiracy theory How do I play the video? Is there a video ad loading Oprah Winfrey Face backlash from social media users after she tried to something uh to film Survivors of the Wildfires 69 has lived part-time on Maui for the past 15 years and owns more than 2 000 Acres On the Hawaiian island, the Media: Mogul has been assisting survivors on evacuation including handing out supplies. Once all the smoke and Ash was settled, we figured that we would rebuilding is going to look like taking a break from the eight. I Went pretty, Attended an emergency shelter with his CBS News crew but was denied entry to the War Memorial War Memorial complex they had. They had a no media policy out of respect for those who have come to seek safety and shelter at.

Emergency Shelters She was later allowed in because she told him to say however she was less impressed with Winfrey trying to film her land wasn't destroyed. Her donation for Recovery efforts, there's a need to visit. Jesus Bezos Pledged a hundred mil Damn. Bezos Has been on the up and up lately getting swole going to space in a cowboy hat and now he's donating a hundred mil an Markle Yeah, maybe we shouldn't shove cameras in people's faces right after.

Uh, probably one of the worst events of their entire life. You're immediately calling it a conspiracy without knowing. uh yeah, what? Hey hell yeah brother, That's the beauty. You kind of get to do what you want I mean I asked if it's I didn't say it is a conspiracy I Said: is it a conspiracy And that's interesting because it goes from a statement to an interrogative.

and if you don't know what an interrogative is, it's what I was taught in fifth grade means a question. So I didn't say it's a conspiracy I said is it a conspiracy the same way like I could ask you do you know what an interrogative is I'm not telling you, you don't know what it is I'm asking you do you know what an interrogative is? see like how one goes from a question like it's a a statement versus a question type of a situation I said is it a conspiracy? uh uh, maybe I just need to work on my tone. Maybe it's my fault, maybe I didn't have like I Guess you could say it because like there's a I could say is it a conspiracy right there because of the tonal inflection, it clearly is a question. Is it a conspiracy like see how it goes upright at the end? there is it a conspiracy? A conspiracy like that? Clearly a question.

but if you go the other way, Is it a conspiracy Like if you go down, it gets really, really confusing, gets really real. Is it a conspiracy? Is it conspiracy? See? see the difference there. See, see the see the clear difference right there. Um, probably my fault.

Psfe Stock. Please check it out. Psfe: What's Psfe? I Feel like we've looked this up before. Pay safe.

Something happened. must have had a good earnings. I Mean the date like the long term chart does not look good, but the recent chart ever since May higher highs, higher lows must have been on earnings I wouldn't Chase because if you're chasing, you're trying to buy at resistance here and it might keep going. But it's just.

are you okay with risking 12? Are you okay with risking 11 when it might just get rejected right here? at 14.50 Like: it's a question of risk reward. Would you buy it 420 Knowing it could get rejected at 14.50 Buy it. 1420 Could get rejected at 14.50 when your closest risk is 12. Like, it's just not a risk reward thing that I'm necessarily favorable of.

it's looking good. so I would ride the momentum if I already had a position. but I wouldn't make one now. even if things are looking good, in terms of the momentum is favoring your position, That doesn't mean it's always necessarily good to get in at that moment because you have to look at the risk.

And to me, I just wouldn't take on that current risk even though the momentum does look to be favoring the Bulls If you ever spent ex ever spent time extending time in Hawaii then you would have understood the island is full of homeowners. They've always separated foreigners from tours and they've they're treated as such. I've never been to Hawaii I haven't had the pleasure. so I didn't know that for sure, but I've heard that that there's like, definitely like the in-group and the out group uh, what is going on uh Oprah and Phil started to decline in the USA making the abnormal normal.

that's a that's a statement and a half I Don't know if it's backed by anything besides opinion, but hey, has Matt covered rum yet? They covered it all day yesterday in fact and by all day I mean one show. but it was an all-day Journey for me at least I hope Dog The Bounty Hunters Okay is Dog the Bounty Hunter on Maui because we need him to be okay. Are you guys talking about my hair again? Dude, this is my plain hair folks. This was me getting confused by Dune probably going like this like what's going on did any of you watch Dune because you would understand why my hair looks as if one hand was holding it up for an hour because that was me trying to figure out Dune Dude is super good.

Oh that would be a true statement if you've ever seen dune unless dude, unless the last quarter of the movie brings it together I haven't finished it. so please, no spoilers. I've watched the first two thirds, the first three quarters and I'm all I'm thinking to myself is what in the world is going on like So maybe maybe it's a movie where you feel like you're going off the rails the entire time and then the last bit of it ties it together? That could be possible. I'll report back to you as soon as I finish the movie, but for someone who's finished two-thirds of it, three quarters of it I'm still trying to get the names together I'm like, are they talking about a place? Are they talking about the guy's family? Who's the good guys? Are they talking about the guys family who are the apparent bad guys? Jason Momoa Speaking of, Hawaii is apparently a side part in this movie unless that changes at the end.

There's just there's way more question. This movies shouldn't create more questions than they answer and thus far Dune hasn't answered anything at all. It took me halfway through the movie to figure out that the dude's Mom isn't his mom because they're like and you're like out of nowhere they're like. The guy's like I should have married you.

It's like what the which is obviously just a side point that has really nothing to do with the overall like message of the movie, but like they just randomly throw it in. By the way, they had a kid out of wedlock even though she very much is acting like the queen and everyone treats her like the queen. We just want you to know that they're living in sin. They just threw that in.

Honestly, honestly it feels like an intern wrote that part. It really does. It feels like they were at the idea table and they're like why don't we make the mom a and everyone in the room kind of looked around at each other and they're like not a bad idea like I feel like it was one of those things that at first like someone probably like some person who probably doesn't like their life. we're like that's a stupid idea like the knee-jerk reaction and then I think as it settled on in the room in the writer's room, everyone kind of was like we could make her a and then somehow it made its way into the movie.

Um so and she was monogamous. Oh oh geez, who's this? It's like arduously defending her. She was monogamous. She loved, he loved I never said she didn't love him.

You know it's you who's saying a concubine can't love I guess the dude that they're railing but I never said that. uh I just felt like it was weird Mamoa is a no mama wasn't or Mama is just kind of a Side Story at this point like dude, the did you see them yeah I saw a giant worm that like just ate it. almost looked like a little Lego dump truck type of thing. um yeah it ate it like it was nothing.

ate it like it was nothing I love mimosas. uh similar but slightly different. similar but slightly different. but this movie if you like Dune either they really pull it together at the end or you and I watch different movies so it's one of the two because thus far and then I saw that I was like part one I was like dude, do they just like do this to make you also the other chicks