Thank you I'm not perfect people, everybody thank you. Oh hey oh hell oh hey. Welcome back to the Matt core show where I met your course and together we are the show. Uh, lots to John about.

Lots to chat about Team Team Indy Team Team feels like it's an oddly political day if you will. I Was surfing the interwebs this morning to prep for the show and it seems like there's quite a thing. quite a bit going on. We have actually a lot to get in, so I think it's going to be a very polarizing show.

Um, but hey, maybe we'll have fun with that. Uh, we're going to be talking about some of the political developments on the news development, some of the market developments later on today. just for those of you who do care. AMC will be having its earnings I believe that's at 5 p.m ET today Tuesday February 28th.

so if you guys want we could stream that I Want to go over why AMC went up yesterday and yet ape went down. It's as plain as day and if you look at Twitter if you look at Reddit they're going to be telling you something crazy. Um, it's just because the Arbitrage opportunity is now less likely. So the people who were shorting AMC and longing ape until they were at a price parity.

Well now the likelihood of that happening because the whole merger is being like kind of held up in court. Well, that's exactly you're seeing the opposite. The people who are long Ape. Well now they're getting out so it dropped and the people who are short AMC were getting out so it goes up.

so uh, they were looking for the price parity but now that the chance of that happening is less, well now they're drifting back away so we could explain that a little bit later. But man oh man oh man. a lot to get into. So yes, developments with AMC Target had their earnings Zoom had their earnings Norwegian Cruise Line had their earnings um the Futures Trading bot that I have uh was doing some trades during the night and early this morning.

One loser One winner so we could go over those. Uh, we still have a lot of credit positions that we sold just weekly monthly income strategy stuff. Those have been crushing it lately in all reality. The only position I have on right now that I'm not the most fond of are my Tesla puts for March 17th I don't get it a uh the overall Market the Spy the cues they'll get hit and just Tesla it if the market is really going down Tesla just goes flat and then if the market goes up at all, Tesla's really ripping into it.

So it tells me that there's a large buyer in the world that Tesla we actually have an update on Elon Musk as well. With the recent success of Tesla relative to everything else going on, he has once again reclaimed his position as the world's richest man so we could chat about that. He also is now being accused of being a racist. Uh, so we have a lot to get into.

A lot to get into. A lot to get into. Um, if you haven't already. oh I don't think I linked it properly.

but we did post an interesting video yesterday and I'll make sure I get that up at the end of the show. Um, check it out on the channel it's on Rumble it's on YouTube of just the whole Emoji fight I think it's entitled. what is it? Um, it's over. We lost, so check that video out.

Getting a lot of positive feedback from that, but we could talk about that a little bit later. Just the insanity of the Federal Judicial System Um, spending more of their resources trying to say that emojis are manipulating the market and it's not our politicians or Wall Street in general or these big Banks or the big hedge funds or the market makers. No, they're not the problems, it's the emojis that people are using. So kind of an interesting video there.

So I want to put that out there for all of you? Um, obviously if you have any questions anything like that, maybe a little later on today we'll do a call in if you guys want to call in. We could do that if you want me to do chart reviews. Obviously more than happy to do it. I Have a little bit of update on Crypto for you.

It's going to be a fun-filled show as it is always. but before we get into that uh, don't forget to hit the like That really helps out helps out with the battle Leaderboard on Rumble and then it helps out with the algorithm on YouTube And do not forget to subscribe if you enjoy this content stocks options Futures Crypto Breaking news, stupid jokes. this is the place for you to be. Become a goonie by hitting that subscribe button on both Rumble and YouTube It's very important you do it on both because you never know when you're going to get murked by.

YouTube Um, so make sure you have that sub going on on both: Good morning, Good Morning, Good Morning, and um, also if you want 12 free stocks. If you want to follow along with the premium selling strategy that we've been doing, um, it's never going to be like these crazy home run plays. just nice consistent singles of little money little money, but it does add up over time. If you want to join in on this premium selling inventor that we've recently started, check it out! Uh, you can get it for commission free on Weeble pinned to the top of chat if you don't already have a Weibo account.

If you sign up with that affiliate link, you're gonna end up getting 12 free stocks. So check all that out. With all that out of the way, let's uh, let's see what's going on with the market this morning. Let's give it a little bit of a lookie see.

So recently the Market's been selling off. We had a bit of a gap up yesterday and then we actually slowed down. sold downward perfectly to this Gap though we called this out I put it on locals I put it everywhere I possibly could have uh, but we ended up getting the Gap fill on the spy and right now in pre-market we're just in the region. So basically for me, if you want to know how like I think of this day, well, let's wait till we either break above 401 30 or break below 396.75 So that's how I would look at today from just a super basic novice technical perspective above 401 30 on us, this small time frame this intraday basis I would say that's pretty bullish below 396.75 I would argue that is pretty bearish as of this morning.

Sock Futures are little changed as Wall Street braces for final trading day of February That's we're exactly in the middle of the previous bar so there's not really much movement going on. It is the final day of the month if you want to know how today plays out. Historically, it's not a good day, it's the 19th trading day of February. This particular year it happens to be February 28th after.

Over the past 25 years, this day has strongly favored the Bears. It hasn't always favored the bears, but the Bulls have only won a third of the time or more specifically, 36 percent of the time. So this is the seasonal bias of today individually. and we also pointed out yesterday that from mid-February to mid-march is seasonally bearish.

It's not always bearish and I know I need to like, really drive that home with everyone of like these are just the odds of the scenario. like obviously if I tell you there's a 36 versus what a 64 chance. Well okay, you should probably take this 64 chance. but the other 36 that's still like that's not a non-negligible percentage Like that is something that should be paid attention to.

But overall, the seasonal bias of this period of time and today individually is bearish. With that being said, right now, things are looking pretty green. The Dow, the S P, and the NASDAQ are all green. Oil going back up to 77 might get saved up my oxy position I've been definitely sweating with that one recently and yield Gathering up ever so slightly.

Looks like we just got a new report. Home price gains weakened sharply to end 2022 according to the S P case. Schiller Higher mortgage rates weighed on home prices gains in December Home prices in December were 5.8 percent higher than the previous December Prices are now 4.4 percent below their June Peak So it looks like year over year we're still going up, but relative to this peak in June Uh, we're coming down ever so slightly so price is still elevated. but in the very short term, it appears as if they're trending downward in terms of macro economic uh events today.

Beyond the case: Schiller Report that we just got at 9 45 We get the Chicago business barometer at 10 A.M Consumer Confidence: This is actually going to be a pretty important one, so don't be surprised if at 10 AM we solely adjust a volume volatility to the upside. To the downside, make sure you're paying attention to that. and then at 2 30 Chicago Fed President Goalsby speaks I actually have no clue who Goldsby is I don't know if this is the new Fed President in uh for Chicago if we got one with the new year uh, but I don't know if I've ever heard this human being speak before so that's going to be at 2 30 today. and then as we continue throughout the week, there's going to be more Fed members blah blah blah blah blah.

But today, the main thing you need to pay attention to is 10 A.m Consumer Confidence Report 2 30 P.m And this is all in: New York Times ET Uh, Chicago Fed President Goldsby 230. So today, 10 A.m 2 30 make sure you were paying attention. Beyond that, we are still doing earnings. Uh, this morning we had Norwegian and we had Target Norwegian did not do well Norwegian is currently down oh seven percent Target up ever so slightly up 0.4 percent so not bad earnings for Target Not particularly good I would say it's actually leaning a little village.

Norwegian's not so good. Zoom actually did do pretty well after the market closes today. Obviously we have AMC if there is enough demand. I will stream it if you guys want me to.

uh rivian Lucid recently didn't do well. so I'm not expecting the most out of Ravine Before the Market opens. tomorrow, we have Neo Wendy's and Lowe's the only one I have a strong opinion on is Lowe's because their business model is extraordinarily similar to Home Depot and last week Home Depot missed. so I'm expecting lows to also miss.

Later on this week we have sales for Snowflake Plug. we have Best Buy Macy's Kroger we have CostCo we have this AI plays C3.ai ticker symbol AI That one will be interesting just because we're going to get the report on all the craziness of what's Happening Today though I am particularly interested in AMC because I Want to know what the board and the leadership team is going to say about the recent legal developments that are attempting to stop the merger of Ape back into AMC and we're going to cover that a little bit later on. But before we do, let's talk about some of the numbers that are already out. Target Eeks out slight growth in Holiday quarter sales, but warrants have continued slowdown.

This is exactly what we heard from Walmart in Home Depot last week of like Things if they're all right, but the future guidance not so good. So technically they beat they are up ever so slightly popped, came down and now we're just kind of in this like mid-tier situation. So Target kind of going to be interesting to see how that plays out. a Norwegian definitively down and the one that didn't have earnings but just I Don't know who's buying it, but someone's buying it like an absolute madman and or woman could be.

Kathy Wood uh Tesla just is not slowing down. Absolutely crazy. Find things to know before that stock market bill goes Dignity Ding Ding Ding today Tuesday February 28th We are done with two months of the year. The Year is already flying by.

We are done with one-sixth of this calendar year already when the bell goes Dingy Ding Ding ding today Target Reported earnings Uh, they were all right. They weren't bad, they weren't good. Uh, but the future guidance might be concerning to people Rupert Murdoch Acknowledges Fox Host endorse Trump's false election claims. We're going to be talking about that in a second.

Meta delves deeper into artificial intelligence so long. February Just so you know, today, from a seasonal perspective, it is bearish. This period of time is also bearish. Target Reports earnings not as good as people wanted them to be Murdoch under the microscope.

We'll talk about that literally. Just after this Meta gets deeper into. AI I Actually really, really like this. So recently Meta AKA Facebook We think of it as the social media platform that recently has been putting way too much money into its reality.

Labs Trying to get really into the Metaverse, but with Crypto going down, the Metaverse went down and if these went down, people were saying, well, Ai's ripping and Facebook AKA Meta has a very important, large, unique data set. why would they not be in the world of AI But finally, it sounds like they are, at least considering it a little bit more. Seriously, we have a lot of foundational work to do before getting to really futuristic experiences, but I'm excited all about the new things we'll build along the way. Uh, So Meta I mean even if you look at the stock, it said quite the comeback ever since.

it's very horrific earnings. Uh, back here in October I mean this was bad and then all of a sudden like Hang on we're gonna take our foot off the gas with this whole VR thing we're gonna lay people off. Kind of cut out the redundancies and ever since hitting 88 it is ripped all the way back up to 196. I mean Facebook Meta.

It had to make some harsh decisions, but apparently made the right ones because it ripped pretty high. Now obviously there's still ways to go. At one point it was as high as 385, but um, hey, it is a pretty solid recovery. I mean geez.

At one point, recently recovered 122. As of now, it's up 91. That's pretty freaking impressive. That's actually very very impressive Ukraine On verge of losing Mining City I Don't know too much about the mining City This doesn't sound good for Ukraine But what is weird is the Treasury Secretary yellin' that little like Goblin creature that for some reason has a lot of power in the U.S Just met with Silinski and that brings up the question: why is our secretary the Treasury Secretary meeting with the President of Ukraine I Don't understand that at all.

Uh I I I Don't get why. So maybe someone in here can give me a little bit more of an insight to why the Treasury Secretary of the US is meeting with the President of now a warrant-torn country. Uh, she's this personal banker I Wouldn't be surprised. All right.

back to some of these other things that were a little bit hot this morning as I started off the show today, it feels like the simulation that we're all living in feels like the political knob got turned up to 10 by accident. It feels like maybe someone was getting off the night shift like one of our alien simulation overlords. And as they were going from the night shift to the day shift, he got up, grab his coffee left and accidentally bumped the political knob and the knob like that should be at like a two or three for whatever reason, got jacked all the way up to a 10 because I mean there is a lot of political developments, a lot of just, um, the polarization for whatever reason seems to be really amped up over the past 24 hours. so we'll lead with this one.

Rupert Murdoch says some Fox News Hosts endorsed Trump's false election fraud claims Fox Corp Chairman Rupert Murdoch Said some anchors of the company's TV networks parroted false fraud claims in the months following the 2020 election and the new following as part of the Dominions 1.6 billion defamation lawsuit against Fox and its networks Murdoch said he doubted the claims aired on Fox News and Fox Business Networks the filing show Murdoch and other Fox executive remains close to Fox News CEO Susan Scott during the election coverage. So that is not so good for I Guess really? Murdoch and the organization and the lawsuit in general because when you're saying that they were in intentionally endorsing false claims, doesn't make it sound like the defamation lawsuit's necessarily going to go in his favor. new. Tick-Tock Ban is poised to advance in Congress This is something that maybe we should talk about when we have a little bit more time.

Uh, so maybe we'll get into the details of this particular story later on. but I'm truly interested in everyone's opinion. Yes or no, Should Tick Tock be banned in the U.S Uh, it seems like for government officials within the U.S and even in Canada right now it is getting banned. but I'm just saying for the population and the data security all clearly funneling back to China Should Tick Tock be banned? Uh, I'm of the opinion that it should be.

but will it be as a completely different story because you're going to have a millennial gen Z voting base that's going to get really pissed off. So I think for them to fully ban it, there's going to have to be a very solid alternative. and this is kind of a tinfoil hat. Theory But I bet Congress is going to be talking to Elon Musk because he owns Twitter Twitter owns Vine Vine is a comparable platform I think we're going to be seeing the rebirth of Vine this year and I think that that's going to have to happen or we're gonna have to have some sort of comparable app to Tick Tock.

But I think this is the beginning of the end of Tick tock in my opinion. I'm there. America Ban everywhere. Yes, Yes, all over the world people are doing information should be more informed about decisions.

Bring back fun. I Want them to bring back mine? Uh, it's giving me some nostalgic feelings and Vibes Circa what like 2013 2014 I Think that's when Vine was at its largest. Uh, Vine was purchased by Twitter but then they weren't in the financial situation to keep it running so they kind of just shelved it and when Elon took over Twitter he actually mentioned that he would like to bring it back. So I hope it's something that's being worked on quietly in the background I hope it wasn't.

just talk to me talk I Want fine to come back and then to me, that seems like a very natural like Market fit to replace Tick Tock at least here in the US But I mean look how nuts people got with these weather balloons I say that obviously tongue-in-cheek clearly not weather balloons over the US people freaked out about that I mean I think the world should know that. Maybe it doesn't seem like it, but Tick Tock is far worse. I mean many, many different organizations, many, many different, highly respected. Engineers have reverse engineered Tick Tock and they said it's one of the most prolific malware applications that we all have on our phone.

It's not good. like. What's weird is it is addicting. like I'm on Tic Tac I'm saying this as a person who's on Tick Tock like I find it addicting I find it funny I find it enjoyable.

but because it's enjoyable when you're on it I mean the amount of access that you're giving the company when you're on Tech talk it is learning everything about you. It has nothing. The fact that the videos are funny and engaging is keeping you on it and that's like kind of it's Ploy. But when you're on it and you sign the terms of service and everything going on, all of your data 100 gone and that's probably true with any app.

The difference here is is at least with some of these apps. it's staying here in the US being used against us by our own government which I think most people are cool with. well people are like I don't know if I want all my data used against me from the Chinese government which of course Tick Tock says no, no, no, no, no, we totally don't do that and I would say that they're full of I would actually say they are uh full of why do you want censorship I'm not. When did I say I want censorship I don't think people understand what they're agreeing to when they're signing the terms of service with Tick Tock if it was just Tick Tock serving me videos, that's fine.

It's the issue is the fact that when you sign the terms of service to watch those dumb little videos that give you those little dopamine hits, you're also signing away giving away all of your data especially to like not our government. Um, I would be fine with Tick Tock saying if if even if the U.S uh I I guess silo or branch of it was independently sold to a company here in the US I Know Oracle's try to get it I know Microsoft Try to get it to me, that makes sense. Um, but it's not censorship When they're just stealing your data, that's different. That's completely different.

Censorship is when you're saying you can't say something What? no one, no one's saying hey, I'm on Tick Tock and they're like centering this opinion or that opinion I Don't think Tick Tock Really censors like the most, uh, like I think has normal big Tech censorship guidelines of like hey, you can't violence or nudity. That type of crap obviously is going to get taken down, but when you have a malicious data agreement, that's not censorship, that's not censorship at all. Um Tick Tock is digital fentanyl? In terms of the addiction, probably I mean I Definitely go on Tick Tock every single day like I I Find it funny like my algorithm is curated to just be like a bunch of different like Comedians and stuff and I enjoy it. Um Tick Tock Definitely has positives.

Uh, right now, there has been a massive surge in new comedians breaking out, new musicians breaking out because the discoverability on the platform is phenomenal. The discoverability on something like YouTube Horrible. The discoverability on something such as Twitch? Absolutely horrible. There is certain platforms that even if you're phenomenal, if you're great, if you're talented, you're not going to get discovered.

Tick Tock did the opposite. They're like, we don't care if you're big or small, if your video is good, we're gonna pop it off. And that's why a lot of people got attracted to it. A lot of people got attracted to it.

and I hope that that model in terms of discoverability is utilized in whatever app takes it over. I Just don't see how Tick Tock can survive I mean the writing is on the wall that governments are starting to turn against it I Think that is like kind of apparent. but anyway, we can debate this all a little bit later. One thing I wanted to show you just because it's so freaking funny before the Bell Rings You gotta listen to our president.

This is truly one of the most Wild Things President Joe Biden has ever said and we're talking about Joe Biden who on a daily basis says wild things I'm I I may be a white boy but I'm not stupid I may be a white boy I know where the power is I know where the you think I'm joking I learned a long time ago about the time. Yeah so that that was said by our President yesterday. I may be a white boy Who who approves these things for him to say I I just I don't understand. Like isn't there a team around him who's like hey man, don't don't say that.

Let's let's focus on better things to say. Uh Justin Elon Musk Retakes number one spot as the world's richest man so all of our thoughts and prayers that went out to him when he dropped to number three finally paid off. Uh Justin Elon Musk Reportedly recruiting team to develop open AI chat Gbt rival so that could be interesting. Uh, another person in the AI race and then this leads us to potentially something extremely polarizing.

Elon Musk calls U.S Media racist over Dilbert comic strip backlash This is one of those stories that depending on where you are in the story, it's like okay I kind of agree with that person I Kind of agree with that side and it feels like you kind of get ping pong back and forth the more you learn about this individual story syndication partner. Andrew McNeil Universal Newspaper Drop Comic after racist rant by cartoonist Scott Adams Elon Musk has suggested the U.S Media is racist against white and Asian people as he appeared to defend the creator of the Dilbert Comic Trip which was recently dropped by several newspapers. Mr Musk said the media is racist. Do I think the media is racist? Yes So I'm like At first as I'm reading the story I'm like okay I kind of see what they're saying and just for more detail, here's what Elon continued for a very long time.

U.S Media was racist against non-white people. Now they're racist against whites and Asians same thing happened with Elite colleges and high schools in America Maybe they can try not being racist. Uh, I mean I don't follow the media too much in terms of like are they racist or not? It's just not one of those things that I've given the most thought to but colleges I don't even know much about high schools, but it sounds like Elite high schools it's getting more competitive and they have all these affirmative action quotas. Um, it is.

clearly I mean one of the most important things that they take into account when you're applying for any college. Now it is the color of your skin. which isn't that racist? like when we start judging people by the color of their skin. like isn't that problematic I Remember I had to do Deep dive on this when I was in college and write like a series of papers I Think if you're going to do any form of affirmative action to help people out, it should be your financial background because for example, like someone like LeBron James son he he even though he is African-American he doesn't need much help getting into college if he wants to go to college like he's had all these opportunities given to him.

Well, like if you grew up in an area similar to where I did, there was what is commonly referred to as white trash that those people need help. They might have the intellect to succeed at a high college, but they're not coming from the financial background. So I understand that people need assistance depending on the hands that they're dealt at the time of their birth. But I don't think it should be by the color of your skin I Think it should be by your like socioeconomic background.

That's just my opinion. Maybe you agree with it, Maybe you don't. But um. I've heavily researched the whole affirmative action thing in college and in my mind it makes far far more sense to taking your financial background than the amount of melanin in your skin.

Several U.S Newspapers dropped Mr Adams long-running comic last week after the cartoon is called Black Americans a hate group in a rant posted online. Now before we throw any judgments out there, let's look into what he actually did say or didn't say. Mr Adams made his comments Wednesday in response to a poll that said a small majority of black Americans agreed with the statement it's okay to be white The poll said that 53 of black Americans agreed with the statement, 26 disagreed and 21 weren't true. Weren't sure? excuse me.

This is kind of concerning 53 of black Americans agreed with the statement that it was okay to be white as in 47 here. Didn't know if you could say it's white like okay to be white like. My question is if this poll was done and you just say white with any other race or skin color, that would be incredibly problematic. And at first that's what Scott Adams was saying and then he continued and it kind of went a little bit off the rails.

if nearly half of all blacks are not okay with white people, that's a hate group I see what he's saying I like I kind of understand his point where he's like, well hang on if roughly 50 don't think it's okay to be white if any other group said that about any other skin color like that is very problematic. so I get that. but it's in the continuation of his argument that I he more than loses me I don't want to have anything to do with them I don't agree with that that that's crazy and he's obviously referring to the black community I don't want to have anything to do with them. probably shouldn't say that and I would say based on the current way things are going, the best advice I would give to white people is to get the hell away from black people because there is no fixing this.

Um I think there is fixing it and I think actually one of the best things you could do is like for more communities and more cultures to cross-pollinate and learn about other. Lifestyles to learn about other Vantage points of life. So to stay the hell away from black people, there's no fixing this I I think it's the second part that has a lot of people up in arms saying like that's crazy um so this is a massive thing that's like pissing off a lot of people and I understand it's why it's pissing off a lot of people. So as the bell's about to go dingy ding ding ding I wanted to share that with all of you uh, let's just chat about it I would love your thoughts I mean obviously I shared my thoughts and opinions and I hope I didn't pissy when we went off I feel like I gave it a decent amount of thought of like okay I'm I'm doing my best to see both sides and I don't know like some of it I I see at first when I read I was like oh man, another person canceled for absolutely no reason but then like when you're saying to stay the hell away and there's no fixing it like this, doesn't seem to be like one of those normal ones where people like the the woke mob came after no one for some reason like I I think if the guy just kind of chilled at his first comment, well maybe I would then agree and be like okay, another person canceled for no reason but he didn't chill uh Mr Scott Adams continued and continued and continued.

and even just to have that mindset that no like, we are in some sort of purgatory and perpetually doomed having race issues like that's also super super shitty mindset, the casino is open. Best of luck to all. Play responsibly if not have fun. Don't forget.

Um I Just got an order fill from what do we have uh, this is Weeble here. Don't forget if you want to do the credit selling Adventure that I'm on or learn a little bit about it on Weeble Very very low, almost negligible commissions. There are no commissions from Weeble itself, it comes from other organizations such as like the SEC and the Options Exchange. But anyway.

uh, check it out. This is weeblepondence habitat. You can get 12 free stocks when you sign up and create your account. You could deposit whatever you want anyway.

I had some spy call Credit spreads I just got those filled right. Hang on orders what was filled filled today. How do I see this? Why is it not popping up anyway? this ball spy call Credit spread I locked in just over 50 I got out at 18 and I think I was in at like 40. so I still have Netflix and video cues coin Tesla um the Tesla one is very much down because Tesla is ripping coin is I should be getting a fill on this I know my Phil I don't know if you guys could see it I'm in at 50.

I'm trying to get my fill at 18. um, so over 50 on that? but I look like I'm one cent away so that one should be filling somewhat soon. I'm up on the queues I'm in at 38th they're training at 29 I think I have my order to take out 20. Nvidia I'm in at 50 they're training at 27.

I have my order at 20 there and then I'm also down on Netflix for the time being. So these are all call credits friends. They're not plays that are going to make Mega Money they are a plays that are going to consistently make money. I'm looking for Tesla to fall I'm looking for spy to fall Target's popping a little bit Norwegian I have Target in Norwegian up just because they reported earnings, we could switch it out I'm sure some of you are interested in AMC today because it gained 20 Yesterday ape fell off a cliff.

So we were in a weird scenario yesterday where AMC ripped ape fell if you were just joining. Now that happened because of the lawsuit and as of now the market is thinking that at AMC particularly Adam Aire is going to lose the lawsuit and that's why you saw AMC Rip and Ape fall off yesterday. Um, they Adam Aaron is being accused of not following fiduciary responsibilities and I kind of understand the argument there of this whole concept of preferred stock. Originally they never had voting rights and then out of nowhere he gave them voting rights.

That's kind of just like the argument of the lawsuit. Um, it is the cans getting kicked down the road into late April And we're going to cover that in more detail. We have this and I See people still talking about Trka? Uh, this one went crazy yesterday. This I I Cannot be more clear about Trk.

Trka is a trade for active Traders As in you're the kind of person who watches every single one minute three minute five minute chart because this thing is going to move in a very volatile manner. This is gonna. it is apparently going to the upside. when this Falls and I feel very strongly.

it will fall. It's going to fall even more rapidly. This is not something that you just buy and you forget about it and you're like I think this will work and we're gonna get squeezed and I'll just hold it. This is not something you dive in as quickly as it goes up.

it's going to come down I'm not saying it's being pumped by a particular group, but I'm saying the chart will eventually look like a pump and dump the way Mullen did the way GT II did the way Bbig did the way it clothed it I mean I Can list so many examples about this stuff. Do not get caught in it if you want to play it. Have at it. This is understand.

it's a degenerate play and you can still make money on degenerate plays. I'm just saying be on your toes as quickly as you reasonably can move your stop loss to break. Even so, you're not risking any money on the play if you get in. if you feel like it's a good opportunity.

I'm not playing it because I don't think anything about it is a good opportunity. It's a shitty. Penny Stock and I Don't want to be putting my money into a shitty penny stock, but you can make money on it for sure. Hymns killed it on earnings.

Yes, Hymns and hers. uh had. I think they were up nine percent filled. Uh, wait.

what just happened? Did my robot take a trade? Oh my robot took a tray. Cool. Uh, we haven't seen the robot take a train in a minute. It hasn't been happening on stream.

Okay, so here's an update on the robot. So in the middle of the night. um, the bar that ended at 4am I made some money there and went short at Uh. 96 and it covered at 33.

So this was at the 4am bar earlier this morning. It did have a losing trade. It went long at. uh, where was this? Where was this strategy? Where did it get out? Oh, it got out a little bit later, so it went long at 109 and it got cut at 81..

So before that those two trades that were locked in the closed P L was up seventy dollars and now the robot's actually short. Um, this robot is short at 44.75 So uh, one winning trade, one losing trade, and it is currently short. This is just the Futures robot trading thing. Um, so that's what that sound was all about and you'll hear it if it closes or not.

Um, hopefully for a profit. but we'll see. Hymns is up 14 crushing it? Um, not. I Guess caring about this Gap though at all we have another Gap but really good earnings.

Uh, they actually knocked earnings out of the park. So Hymns and hers Health Uh, crushing it, crushing it, crushing it all right? Tesla Coming down I Need this thing down like 30 bucks? I don't I'm just getting so screwed on Tesla right now. so so screwed. Um I Would not be surprised if we see AMC go up again today and ape go down again today.

This is all because of, um, just the chance AMC's going up because people were playing Arbitrage Uh, ape is going down because people were playing Arbitrage and now the Arbitrage opportunity is looking less likely. so people are bailing on the Arbitrage like position. The Arbitrage position was short AMC long on ape and then when you're bailing on that, that means AMC goes up and eight goes down. AMC or Tech's looking good.

1.1 billion short value over 25, blah blah blah still on. I mean I I Think people are getting a little bit too caught up in the Ortex because remember it's one thing or text is just like a pre-flight checklist like that's all it is. then you actually have to have the price action that gets you into it. so you have to have or text tells you if something could theoretically squeeze but then it's the price action that makes it of like if it actually can or can't so I wouldn't be I Don't think there's any correlation between oh the or text numbers are like good and there's a better chance of a squeeze or anything like that.

I think of or text as its binary of could this squeeze or not? yes or no and then obviously it gives you a little bit more of an idea of the magnitude to which something could potentially squeeze. but that's all it is like. You need that upside price action. Uh, to put more pressure on the shorts.

and if you just look at the average age of the shares on loan, most AMC shorts are above 20 right now. on average. Obviously some got in more recently, some have been in even longer, but on average they're roughly in the price zone of being a above 20. so they shorted it above a dollar value above 20.

And AMC is now trading at eight so obviously the higher it goes it puts more pressure on them but for them. to feel that pressure of going from green to Red that would be a big psychological development. Uh, we still have quite a ways to go with it. and maybe if we have a great earnings, maybe maybe something will happen there.

but we're gonna have to wait and see. I would Uh, I would assume that the earnings. It seems like the movies remember that the earnings are for Q4 of 2022. So it's a snapshot of how things were up until December and it seems like the movies are starting to get going now.

Um, like I'm seeing a lot of just like I know Creed is coming out. Uh, there was not the guy. there is another guy Richie movie coming out. so it's just even though it seems like a lot of movies are happening right now.

Cocaine Bear we have Ant-Man That's not what's going to be discussed in this earnings because this earnings ended in December So like, understand, like where we are with the different times. Uh, show me one time last year that earnings moved AMC Positive, You can't No. I agree with you, you can't because none of the earnings were good last year John Wake 4. So that's my point is like you have a lot of movies that are coming out now that are not going to be included in the numbers from this previous earnings.

Um, but King Kyle You are 100 right? because none of the earnings. were good. The poll is super hyperbolic in the South there's all black and all white towns. Etc They don't know any white people.

That's how white rural towns don't just filled but don't know any. So dumb of the poll. Yeah. I mean wait, order filled.

Did I just get stopped out Crap I did get stopped out the shortcut stopped out so that cost uh, it was short at 44 and it covered at 69. So a small loss there. still green on the day. Instead of being up 70 bucks, it's now up 20 bucks.

So that last trade, uh, unfortunately it lost 50. so still green. but uh, the bounce back. a little bit more brutal than the system wanted to handle.

uh all. Boogie I Think that's a very fair point. Like it's just like it's a weird question to ask in any of that. like I feel expected dropped after earnings tonight even if they are good sentiment Rose the stock more than anything.

not earnings. Yeah. I mean I Would agree that these very popular songs go on. Sentiment: The earning.

Like when people say earnings good or bad understand it's not in a vacuum. It's good, good or bad relative to expectations. and none of them have been good in the past year relative to expectations. Uh, AMC Apes are live.

Uh I mean they're the community's there. It's definitely smaller than it was like a year ago. a year and a half ago I mean 2021 was definitely when the community was the biggest. It's when the community was the loudest.

But what you see right here: AMC is currently up 11 and apes going down because people are pulling out of the Arbitrage trade. That is the explanation. People were short AMC people were long ape because they thought the merger was going to happen. But now with the lawsuit and people are diving into the lawsuit, they realize that there's an increased likelihood that the merger's not gonna happen.

And if it's not going to happen, that means that the Arbitrage trade is bust. If the Arbitrage trade is bus, that means you pull out of your AMC short. That means you pull out of your ape long and that's why we're seeing AMC go up and ape go down. Do I still have ape? Yeah, unfortunately.

I Do I mean it's just shitty I didn't want to sell it because of I guess like the backlash and that that comes with. but it's ape is symbolic of Adam Aaron Like just the community. That's what ape is no one wanted AMC diluted. So the Adam Aaron and the leadership team came out with a very roundabout wave to dilute AMC That's what Ape was.

Ape was never there to show synthetic positions, Ape was never there to squeeze this. It wasn't there to do any of that. And if you think it was, you're just. all actions are to the contrary.

Every single every single step from AMC Adam Aaron And the board show that all Ape was was to raise more money. like take more money out of your wallets to help try to keep the company going. You might be fine with that or you might be against it. I'm just saying that's what it was.

The creation of Ape was never to legitimately try to show synthetic shares. It was never to try to squeeze the sock. It was never to do any of that. It was literally just a capital raise.

If you think Ape had any other motive rather than a capital raise literally, you're wrong. I mean Adam Aaron himself has just said that it like he has said it, the guy who runs the company is like no, it's simply to raise money foreign on AMC please your reverse Kramer the stock for us, we're Green Bay what are you talking about? What did I say negative about AMC I I Found that nuance and details are definitely not a front row seat to people who support this. which is crazy because the way you win in the market is a person who is hyper attentive to DIA two details and nuances and semantics. Um, the people like I do I'm not going to follow that pooping on AMC I mean no one can even dis like people get mad and they get butt hurt about this whole thing.

but then when it comes down to like okay, prove me wrong, they can't they can't just like State One fact to the opposition, it's just like it's a very emotional group. A hyper emotional group that like I you can feel how you want great like have at it feel exactly how you want and I very much hope that this works out for all of us. But if you want to be successful in the market you have to be an adult. You have to be able to like, understand what is opium in copium and a suit you over versus like actual fact and like how economies run will so will APD listed eventually.

Uh, it's kind of up to the New York Stock Exchange the New York Stock Exchange There's There are rules to get listed and delisted, but then also the exchange itself can play kind of fast and loose with the rules. so it's basically up to the New York Stock Exchange If they wanted to stay trading, they'll let it stay trading. If the New York Stock Exchange wants it to go down, well, if it falls below the dollar, they're going to say that they're in violation of the rules and like blah blah blah you have to do this. That and the other thing to fix it I'm all jacked up in Mountain Dew Uh, prove you wrong with the same logic as my wife because I said so.

That clinches it Matt You're wrong I I Get that. Chris Honestly, that's probably a better explanation than some of these other people. I'd rather take the I because I said so. Uh, we are not for fundamentals we are from OS The issue with that mindset is you can only trade outside of your fundamentals for a limited amount of time.

Eventually, like gravity, you fall back to earth. Eventually, you fall back to your fundamental valuation. The question is, how long can you stay outside of your fundamentals? Well, that's a very, very different conversation and it's an answer that I don't have. I Don't think anyone in the world has, but you cannot sustain training out, like, dramatically far away from your fundamental value.

It's just too much of an opportunity when you are dramatically training outside of your fundamental value. Uh, just the big money comes in and big money controls the market and the big money smashes it back down. It's just it's it's a law of gravity. Uh, you can for a certain period of time like AMC at one point was trading at 72.

that was dramatically far away from its fundamental value. but also it it was there for a day. Uh, Matt Where do you see these viewers come from today I Wonder what can be so different? Think about it. Um, my viewership uh, is roughly the same.

It looks like it's a couple hundred more than normal, but it's not that different. Why? Matt Lindner Um, it looks I mean I'm looking at my Rumble and my YouTube numbers right now and it's it's within normal numbers I guess I don't know why. maybe maybe an extra 250. Uh, not only is Aaron screwing us with eight, but AMC Theaters physically are going run down here in the Midwest I was recently in an AMC theater and the one that I'm at in granted I'm in Manhattan was actually pretty nice.

Um, before this I was going to ones in Philly and they were pretty good too. but the Manhattan ones I mean I can't I can't speak to the Midwest but the ones on here. Thoughts on Bior: Oh it's trash. It's something I Wish I never got involved in it's horrible trash trash tragedy.

Trash trash trash trash and more trash. And that's how I think Trka is going to end up playing out. Trka is gonna look like all these other ones that just rip. it's a pump and dump.

It is getting pumped right now and it's gonna I don't know when I wish I could tell you the height I wish I could tell you the day I wish I had that information but I don't think anyone in this world has it. But eventually Trk comes back down and it's gonna get demolished. It's gonna look like Bior where just it pumped and got slaughtered. It's gonna end up looking like Mullen Got pumped and got slaughtered.

It's gonna look like Gtii got pumped, got slaughtered. It's gonna look like clove got pumped got slaughtered like that's I mean I Don't know how many examples I need to show you to like Drive The point home, but that's Trk is going to be on that. But once again, what's just because things got slaughtered doesn't mean or HKD is another one. There could be a big pop in the meantime.

that's totally possible. You can make money on Trk in both ways. I'm just trying to get across the thought that Trka is not something I would just like get in and hold and like invest in and like forget about and like hope it plays out. No, it's it's for active day Traders it's for active swing Traders and it's for people who are like willing to take on larger bets.

RC is worse. quite possibly the worst. Uh, he screwed over a lot of people. Another one is Bed Bath and Beyond this was very much pumped up and destroyed by Ryan Cohen's doings like people got all excited, they realized he was buying more and right when their filing came out he started to sell and it got absolutely slaughtered and now they're just taking steps towards bankruptcy.

How did he screw people? Because he knew the date that his filing would come out of his increased position. That happened within the quarter and the day it came out it started a rip and he sold into that. He used the excitement of people reading that he was still in play as exit liquidity. That's how he screwed people over.

Ryan Cohen I hate when the executives leave their shareholders holding the bags also Ryan Cohen Bed Bath and Beyond Um yeah he. He used the excitement from the filings related to his Bed Bath and Beyond position as exit liquidity. Uh, RC was a genius for getting out and having no legal ramifications. Oh yeah, I don't think he did something immoral, but he didn't do anything illegal.

He did everything he legally was required to do. Just because you make a smart move doesn't necessarily mean that it's a moral move. uh I don't think he I Honestly don't know if Adam Aaron broke the law Adam Aaron has been crazy transparent in all the SEC filings in all the SEC filings, even on his tweets, he has publicly told people that they have found no evidence whatsoever of synthetic shares or any malfeasance in their stock and people just they like act like he's never said it. go to Adam Aaron's Twitter He said we have found no evidence of synthetic shares, we've found no evidence of like nefarious actions in our stock and in his SEC filings with Ape he's like no we are going to raise Capital He did interviews saying that he is using the ape Community for money like that was a CNBC interview He's Like is this part of your strategy just raising Capital off of your investors and he said yes.

Well I mean it's all out there folks like I think Adam Aaron and Ryan Cohen I think they've followed their lawyers I guess input so they don't get into any legal trouble I Still remember your treadmill reaction video of RC selling a lot of people bag on me that still for that. This is what Matt looks like when he's having sex. I've been watching for years but your constant AMC negativity is a little weird. There is negative, but also positive.

I'm literally calling it out of at one point there was a lot of reason to be very excited. Now I'm calling out the reason like it's not constant negativity, it's what they're doing. It is the fact of the situation. and if you can't emotionally handle that, the Market's not the right place for you.

If you can't sit there and say here are the positive. Here are the negatives like even that Matt if you don't see your own psychological I guess uh, blinders there I was just talking about how good movies are coming back like and I even lit people know that it's going to be in Q1 of 2023 not Q4 of 2022 I said positive things but you don't hear it like you're like just people are so mentally warped by this play that it it's There's a very loud small minority that is not emotionally equipped to be in the market and we're seeing that play out right now in real time. like Matt what the are you talking about I Literally started this off by saying hey, movies are actually coming back There's a lot of good movies in the Slate that's how this all started and then because I just pointed out one thing that Adam Aaron has sold all this stock possible. He is telling you that he is using the ape Community to better the company and line his own pocket.

You're like, that's negative, that's negative dude. it's fact. it is like 100 fact and then people just don't hear it. They don't hear it at all like it's so deranged where this is going.

and I hope that this moves to the upside because I know a lot of people have bet a lot of money and I want you guys all to make money and I think it's going to get to a situation that if there is a miracle chance and this does move to the upside, there's still gonna be people who be people who don't get out. and at that point like as a content creator who has followed this particular narrative, this particular storyline for so long like how do you even help people like that right now if AMC were to whatever magically be I don't know, pick a value I don't really care 25 50 100 It doesn't matter. Like for the point of this, there are still gonna people who don't get out and there's still going to be greedy and be like it has to go higher. It has to go higher Like people who have kids, need to pay for school need to pay for food.

There are still going to be people who don't get out of this play and like, how do you possibly help people like that? They they've been so mentally warped by all this. What Do I Think about Coinbase long term. It's going to be incredibly dependent. It's going to be exactly correlated with the success or failure of Bitcoin and Ethereum.

if Bitcoin rips and it's active and people are trading it and the prices go up, Coinbase will survive. If Crypto doesn't rebound, Coinbase will fail. Uh, new retail bores me often. AMC is like that relative that just won't leave Ugg medium term going lower.

No chill High Pizza Just look at the losses as payment for lesson and Crypto will be fine. When ape gets delisted, they will still say it was Ae's plan along. Yeah, I mean the psychological warp of this is. there's no objective breakdown of Adam Ahrens decisions.

Everyone just thinks no matter what he does, it's good and that's just simply not true. He's done good things and he's done bad things like many people in this world. many CEOs There are good things and there are bad things. and if you can't objectively list out the good and the bad things, you're just not paying attention.

You're either overly bullish or overly bearish. but whatever it is, you're overly emotional. with Rrc. For me personally, it feels different I Don't feel screwed over at all.

maybe a little bit outplayed, but it happens every game I ever played I mean he played in the if you're just saying outplayed as in he followed the rules of the games as in the legal system surrounding him I agree he outplayed many, many people. Um, it was immoral. but he played the game I Don't think he broke the rules of the game I Don't think he broke the rules like surrounding Securities I think he followed all the rules and he ended up winning and I think went on that play. he bagged like 60 million.

Not a bad day at the office for him. I've been watching for some time now and continued because of your ability to see things from multiple perspective. You keep doing you well and Alan I mean you're the audience that I particularly care about like I Do what? I do for people who actually want to learn about the market, for who actually want to make money off of the market. not for a group of people who their abilities to buy one thing and then scream about it on Twitter and read it endlessly.

That is not I don't know like intellectually stimulating to me. I'm here to learn more about like okay, cool. let's talk about Robo trading. Let's talk about credit spreads.

Let's talk about like what all these SEC filings mean like I do what I do for people who like actually have a chance in the market? Uh, my audience was I never particularly wanted people who buy once and then just sit there and yell about it and hey, like I get that there's channels for that I understand that some people want that and I'm I'm just saying that's not me. Uh, I'm not saying that's wrong or right. I'm just saying I prefer to make content for people who actually want to learn how to make money in the market and who want to learn off of each other and share ideas not just like the ability to buy one thing at one point in time a year ago and then scream about it endlessly. Have I ever heard of any Hnst in which opinion? never heard of it? So I have no opinion.

but but I just like to yell uh I mean I Understand, we all have that urge to just yell at various times in our life and I think that's what I mainly do in the showers I just scream there and then burst into tears. never let Matt own a cat again I still don't have one. it's I'm just not I guess I'm not fit. Hey folks, if you haven't already, Um, hit the like button.

It really does help out with the algorithm on YouTube and it really helps out with the battle. Leaderboard on Rumble So if you're watching right now, it doesn't cost you a single thing. Hit the like button and do not forget to subscribe. Subscribe on YouTube subscribe on Rumble And hey, I'll do you one better.

If you want toll-free stocks, check out what's pinned to the top of Chat if you don't have a Weeble brokerage. and if you want to do some of this premium trading that we're doing, high high odds, low risk, low reward. it's just like, um, it's a consistent repeatable pattern. I Guess Trading methodology.

Uh, it is pinned to the top of chat. It is in the description of the video. Uh, create your account. You know you can find it with literally whatever you want and you'll get 12 free stocks.

Um, thought you hated Weeble because of payment for order flow? Yeah, I do I I'm not trading stock on it I'm trading options. You: You can't avoid payment for order flow if you're trading options options. The options Market is different than the equities. Market Um, you literally cannot avoid it.

So if you're trading options on whatever interactive brokers TD Ameritrade Weibo, it doesn't matter. You're engaging in payment, forward a flow on any options trading. There's no way to avoid Pfof when you're trading options, so you might as well go to The Brokerage that has the lowest commission fees. and out of my recent search, Weeble has the lowest commission fees.

and if you know one that has even lower commission fees, feel free to let me know. you're literally killing Coupe by not hitting the like button. The amount of likes it very much is dependent on if her children get food or not for the day. Why is Meta running? Uh, because of the recent announcement of them getting more serious about AI which is what a lot of the trading public was begging them to do for a while.

Uh, how is Meta doing today matters? Nice pop. Wow, Great pop on Meta. Holy guacamole. Batman This might be a nice turnaround for Meta 153.

not a bad deal I Wonder if I could get? there might be an opportunity to. uh, hey, Matt So I've been accumulating 2025 AMC Leaps and selling 30 45 Delta calls. Okay, a diagonal, the port is up 20. Thanks for all you do! I Love people getting involved in diagonals.

Um, a little bit more of a development on top of the call verticals we were doing. but like, obviously, instead of doing the same expiration date for the one that you're long, you just picked a farther out one. Super smart, good for you. Would a call Credit spread be good on Meta? It depends on what you're looking at your time frame.

If you're doing a call Credit spread I Guess what value do you think it will not exceed by whatever date like I Don't know if you're talking for this week I Don't know if you're talking for a year out? Um I guess I Need more of your thesis but it's hard to answer that question of is it a good idea I don't know the strike prices I don't know your expiration I don't know your overall thesis. It depends what it is. You can't just overall say if a call Credit spread is a good idea or not because you could be talking about different numbers, different time frames. Uh Matt Is there any competition to test on the future? Do you think it could be? Lucid Uh Lucy's recent numbers were horrific.

Uh I would say in the shorter term your competition is already established automakers such as Ford with their lightning F-150 thing? Um, you have Volkswagen You have GM These are well-known automakers that can pump out EV vehicles. Uh, Lucid is at this point in time more of a boutique setup. Same with Rivian in the future. Might they get to that level? Yeah, possibly.

But I mean if you look at the amount of cars produced by Lucid to Tesla it's like it's almost not even comparable. So Lucid has very low numbers and not only are they low, but they missed expectations. So the bar was set low and they couldn't even get above that bar that's on. Google 317 calls.

Thanks for all you do! Goog the goog the goog the goog. Um, what are you looking at 317 calls? Um yeah, if you want to play conservative, you could risk 89 or you could risk 86 I would that's what I would be risking that I'd maybe the 92s I Don't know man because if the cues out, Google's going down, if if the queues are like, we're still in a downtrend and there's going to be a high correlation between the cues and Google So if the cues turn, it's going to drag Google with it. But if you just wanna in terms of risk, reward, if you're like nope, this sold off a lot I Think there's mean reversion? You could risk this recent low and keep your wrist closed I Don't think that's the craziest. One issue is that Buy and Hold work for AMC Gme because they were expected to trade smart.

So when you feed into the smart sell-off narrative, it comes off as supporting market makers, just miscommunication. So when you feed into the smart sell-off narrative, it comes off as supporting Market Wait, what is, uh, hardcore. Six issue is that the Buy and Hold work for AMC Gme because we were expected to trade smart. So when you feed into the smart sell-off narrative, what is the Smart sell-off narrative? I Guess is my question.

AMC has no role to play with anything. Get over AMC It's been two years. Uh, I Don't know if I even fully agree with that. Like once again I Don't think it's beneficial to be overly bullish or bearish like I Understand from a fundamental perspective right now AMC has 5 billion in debt and it's going to have an extremely difficult time to pay that off.

But right now in terms of movie theaters I see a slate of movies that I think people are going to go to. Um I Don't think the popcorn is anything special like whatsoever. People are like losing this my their mind over this popcorn thing. I Don't think that they're going to be able to penetrate the popcorn Market to any meaningful degree.

Um I hope that it makes some money I Just don't think it's like I I think it's I Don't think it's negative I Just don't think it's overly positive I think it's neutral leaning bullish and they'll make some money off of it. Um, but I don't think that there is much of a profit margin in the world of popcorn like. And the popcorn. Market It's big, but not big relative to their overall debt size.

And now we're talking about like, even to take advantage of it, it's Gonna Take Years to get to the market penetration level that they need to for it to be meaningful. So like in I think it's just neutral like I don't think it's bad I Just don't think it's overly bullish, but they're selling T-shirts also. I mean I'm still of the opinion that the best thing AMC could potentially do is get more involved in sports and get more involved in sports betting. If you make your money off people coming there buying food, doing this, doing that, partner up with FanDuel partner up with DraftKings partner up with the casino and split up your TV the big theater where you have multiple games all going at once.

Do a special March Madness thing where you can go into all these theaters, you could watch all the games. you go outside, you have the bar going like that's how I see it I think that's I Think they need to focus more on making Sports and sports betting Partnerships but instead they're like we'll sell clothes because we want people. like, who wants to wear a shirt that says AMC Can we talk about coding? I'm curious about how you learned how to code. Do you learn the syntax and the math simultaneously or the mass separate at some point and combine them? Um, I my degrees in computer science and I was almost done with a m