So yes see uh, hello, hello, hello, let's get rocking! Today, it's the first day of december folks, we are rocking. We are rocking, don't forget your your green tea, your coffee, thick cores, i, like it matt thick chorus folks, we are getting after it today we are getting after it honestly could be shaping up for a pretty nice day. Things are starting to bounce. Crypto is bouncing, stocks are bouncing, and a lot of this, as you're about to see, does relate to.

I guess fears of the unicorn variant right now kind of calming down a bit, which is obviously very very nice and beyond that we do have some other things to discuss. We're going to be talking about the overall market. The seasonal pattern that we're in we're going to be talking about the unicorn variant. We have some payroll stuff, we have some crypto updates and we also have some interesting news, i suppose, related to fidelity uh if you've been on twitter this morning, if you were on reddit yesterday, there's a good chance you're, seeing this fidelity story and if you haven't Seen it yet don't worry, we will be talking about some definitely interesting stuff with fidelity so to start today off green, green, green, the futures market, the for dow s, p, 500, nasdaq oil, oil's, actually kind of low, which is nice.

Finally, getting a little bit of breather in the gasoline sector yields are up so green, green, green, green, green across the board. Here are the top things you need to know about today, dow set to bounce on first day of december, after big drop on unicorn fears. So let's look at the overall market yesterday, the s p 500 was red. Red red it opened at 462, went all the way down to 455, but right now we're actually opening up at 462 so similar to yesterday and two main things going on here.

The first thing is: yes: the unicorn variant people are kind of worried. The stock market doesn't like unknown things. They don't know how bad it's going to be when there's an unknown thing. The market typically does not react in a favorable manner.

So with that we are getting some, i guess at least useful updates right here, south african doctor says patients with unicorn variant have very mild symptoms and in fact, because of this there are not really any severe cases reported as of now so knock on wood. Let's hope that it stays that way, um so some it is very initial data and everything i've been reading. It takes about two weeks at minimum to get like solid data. That's statistically backed, but right now at least the initial inkling of data is more so of not severe.

So that's good. That is very, very good, but also along those lines. Us titans travel rules as more countries secure borders to quell the unicorn. So right here it's getting a little bit more.

I guess tense for international travel uh. The biggest thing i'm reading is that you have to get tests like the day before as a unicorn test to see if you are indeed a unicorn, yes or no, and if you are you're not going to be able to travel. If you aren't they're going to allow you on the plane, the second aspect of all of that is commentary related to jerome powell, the federal chair and then also janet yellen. They were speaking in front of the senate yesterday, so with that it was kind of interesting, uh.

There's some important commentary right here. This is from jerome powell. The economy is very strong and inflationary pressures are high. So he's saying the economy is good, worried about inflation and throughout the commentary there are many, i guess, comments made by the both of them, but it seems like their main concern, as of now is definitely what's going on with inflation.

It sounds like they're being a little bit more hawkish rather than i guess, fear-mongering the unicorn variant um. Their statement on the unicorn variant is no matter. What's going on, it's not going to be as severe as what we saw in the spring of 2021 um. So that's or excuse me the spring of 2020.

um. So that's good news. I guess that the data that they have and what they feel is going on with the economy that they care more about inflation. So it sounds like they're kind of going from that.

Gradient of being dovish to a little bit more hawkish and right now, that's good because between spring of 2020 and inflation and bottleneck issues, there's a whole host of issues that people are battling right now and i feel like that's where our economy is kind of being Disconnected in reality from what the stock market is saying not too long ago, we were hitting all-time highs. Everything was green, green green, but i think our economy is telling a little bit of a different story so as of now. Obviously, this is developing day over day of where our elected officials and regulators seem to care like about the most like. I guess what subset of the problems we're facing as a world as a country um developing every single day, every single hour, but right now.

This is where we are currently sitting and it does feel from at least a wall street perspective that the uniform, the unicorn fears are kind of subsiding, which, i would argue, is a very positive thing. Bond yields rise after monthly adp data on private sector hiring. So right here, private payrolls, post better than expected growth of 534 000 in november private payrolls, increased by 543 500. Excuse me, 534, 000, in november, better than the dow jones expectations of 506 000, pretty solid by what twenty eight thousand leisure and hospitality saw a gain of 136 000 part of the 424 000 positions added in the service sectors, companies employing 500 or more added 277.

000 for the month with growth, especially strong in those with 1 000 or more workers which contributed 234 000. So i do have some other interesting updates for you on this consumer confidence hit a nine month low in november a nine month low consumer confidence, but on the flip side, americans view of the labor market conditions hit a high. So i find that to be very, like i guess, polar opposite consumer confidence hit a nine month low, but americans view the labor market hitting a high um. I guess that's somewhat reflected in some of these numbers that we're seeing right here, but i just thought that was something interesting to share with all of you a little bit of i don't know not.

I guess i shouldn't call them polar opposites, but it seems to be definitely on the opposite side of some sort of spectrum oil prices rebound after rough november, coffee at a 10-year high. It's this latter part that i particularly find to be abnormally. Concerning when i was away for the wedding on saturday, i decided i'm going to become a cappuccino person. I don't know anything about cappuccinos whatsoever, but it just feels like a good move for me as a person me as a brand and us for this live stream.

Us as the moon game community, i've decided i'm going to become a cappuccino person. My knowledge of it right now is that it's espresso based beyond that. I don't really know much about cappuccinos, but it feels it just feels right, like sometimes in life, you make a decision you're like oh, this was a good decision, so i do find it unfortunate that, on this big decision of mine to become a cappuccino person, coffee Is now at a 10-year high that that we're not getting off on the right foot like at all um and oil, like we showed you earlier, it was at 68, so at least we're coming off of that crazy high of 83. uh opec is actually meeting as We speak right now, so opec and their decisions with their allies clearly can have an impact on oil prices.

So we're going to see how that plays out. Merck, coveted pill, advances, bio and tech. Tech. Ceo sees protection for vaccinated, so we are seeing some positive news.

There i do have a little bit of an extra update um. Where was this? The merck update uh an fda advisory panel, endorsed merck's covid anti-viral pill by slim margin. The fda and cdc now need to sign off before it becomes available. So that's for merck and then biointec that's going to be partnering up with pfizer, so we're seeing some positive data early data going on there white house considers stricter international travel testing requirements.

That's what we already discussed about the whole unicorn thing of! Are you or are you not a unicorn? Let's switch over a little bit to the world of crypto crypto's, looking very strong right now, matic back above two dollars. It wasn't when i started the stream. So that's getting a little bit of a push uh. We have solana pushing at 225 bitcoin holding above this breakout would love to see it get above.

60 000 ethereum hanging out above 4700, not far away from its all-time high at 4, 800. crypto is alive and well right now, um, if you're not at least paying attention to crypto and trying to learn about it. I think you're doing yourself a disservice, because crypto is obviously here to stay. It's a big money-making opportunity, even if you don't want to invest in it and trade about it, trade around it.

It's you got to learn about it. It's it is here to stay uh. There are impressive money-making opportunities, all the one you see on the screen right now: bitcoin ethereum solano, matic, i'm in all of those i'm also in sheba, i'm also in loopring, i'm also in hex algorand v chain, uh doge. I'm probably missing one, but i'm in all of these, and i just i, i think the money making opportunity is immense, so quick update here crypto.com.

I wanted to bring this up because everyone's talking about especially their own, their own token crow, is doing very well right. Now uh and it's clearly putting a lot of money into their own name brand and a lot more people are hearing about it with really it exploding. After buying the naming rights to the staples centers but anyway, crypto.com to acquire two u.s exchanges for derivatives and future offerings, so global crypto exchange crypto.com is looking to strengthen its foothold in the united states by acquiring ig group stakes in two exchange platforms. Both of these are going to be based in chicago, one is nadex um and then another smaller exchange, and this deal is for uh reported to be 216 million dollars, and it's looking to close in the first half of 2022.

um. So a little update on crypto.com. There uh, like it, said, strengthening its foothold in the u.s with a derivatives and futures um, i guess offerings for the residents. Now we have two things to talk about with fidelity the first one kind of small, the next one kind of big and it's pissing off a lot of people, especially the gamestop supporters, fidelity reportedly launching a spot, bitcoin etf in canada.

So this is cool. They already have a spot etf up there, just fidelity doesn't have it spot. Etf, i would argue, is more of direct ownership than like a bitcoin futures based etf. This is like direct ownership of bitcoin um right now.

We don't have any in the us, but obviously canada already has them, and it's about to have some more. So let's hope that soon we very much want the u.s to be following suit on that, but, more importantly, with fidelity. This is very much true. It made a big oopsie.

Fidelity is just made in oopsie on the worst possible stock. If you have not heard about this story, it blew up on reddit last night, and it is very popular on twitter this morning and problematic is the honeymoon ending for retail investors and the norm core broker. They have embraced in 2021, so this was posted on uh super sunk last night by the user harambe ray. I i hope i'm saying that right if you're listening right now wtf can someone explain why there's these, where these shares came from and what you need to know is better summed up right here by wet dir kirk shout out to wet dirt, kurt uh, actually, a Common listener of these streams, so shout out, someone asked fidelity subreddit why 11 million additional loanable gme shares appeared overnight impossible, given the amount of volume 20 of the flow available to short appearing overnight below is their response, and this was a 2.2 billion dollar mess up.

So this is coming from fidelity and as you're about to see, of course, never accept blame push it on to someone else. We have researched the issue with our lending services. In looking into the issue, it was found that one of the counterparties that may provide us shares to short had entered an incorrect number of shares available to short the area caused. The number of shortable shares to be overestimated by approximately 11 million folks.

We're talking about gme that has a float of a 70 million, that's huge! That is gigantic. We have rectified the issue and the trade ticket should reflect the correct number of shares that may be available to short, which is approximately 2 million, so they over. I guess like this issue over 8 million, like they overestimated by 8 million, or they of course blamed it on someone else, and they said the issue was by 8 million. That's crazy, um.

What i found to be particularly hilarious was this. This was a follow-up: um uh photo leaked a fidelity intern in charge of data entry, blared on super song and accompanied by a headshot of citadel founder ape arch enemy, ken griffin photoshop, with a curly mustache uh. This was hilarious, so this is the photo leaked of the fidelity intern this. This is the part i guess of this community that i find to be just just so comical, it's so funny.

It almost brings me back to like those days in january and february, where, like this was the fun stuff like together, we were pointing out like serious, problematic issues that we saw in brokers and prime brokers and market makers and regulators and politicians, and then this was Like our form of internet trolling - and this is like when i was seeing this this morning - it just put a smile on my face because it brought me back to february and to me this is kind of um. I guess in a certain sense, um a driving ethos of this community. This is what we're about not the stupid drama in infighting, but this is just this is comedic gold right here, so obviously people are very angry at fidelity this morning, um just whatever this problem is, and it kind of brings you to the realization that it it Brings up the very serious question of: is there a good broker? Um and people are starting to realize that the good brokers are brokers you pay for um. This has been stated many times by many people.

If you're trading for free, you are the product um. It's just how it is this in this world, there's no such thing as a free lunch and in reality, what you end up paying for those commission you're paying for transparency in a certain sense. You might even be able to take it to the level of paying for honesty. People pay, you, you pay for high quality services.

So yes did things such as robinhood bring a lot of people into the market uh because they liked free training, yeah, of course - and i i'll applaud them for that effort. But now people are starting to really dive into like what does that business model truly entail and we're starting to realize that free trading is maybe not all that it's cracked up to be um. Obviously these are my own opinions. Other people out there they're like no.

Whatever i'll take, these hits and i'd rather just trade for free and that's fine, we're we're all able to have our own opinion, but i do want to leave you with this like one little factoid all the people. I personally know on wall street that are trading their own personal accounts, almost all of them damn near all of them are using a paid service, most of them end up being on interactive brokers, um. Yes, it is not commission free you're paying per trade, but i guess we got to take that for like i kind of what it means is like it. It has to mean something when a lot of people when they're training their own personal account, and they know something about wall street they choose to do it with commission-based brokers and the common name i hear quite a bit is interactive brokers, just so everyone's up to Date on the fidelity story and kind of what's going on there all right.

Let's talk a little bit more specifically about some of these stocks, so first of all for the overall market, s p 500 bad day yesterday, but bouncing back right now, pretty similar with the qs. The queues didn't go as bad, because apple had a very good day, especially when we were closing out yesterday. Apple showed quite a bit of strength and the russell 2000 completely different. I mean red, but now we're actually gapping up we're about to create a gap.

So nice gap up in the russell. Let's hope that that bodes well for amc, speaking of which amc uh, we are praying, praying praying praying that this is a fake out breakdown. This is not a good scenario: uh. It went below the low of september 30th uh, but as of now we're gapping above that we don't technically have a gap up we're just opening up higher than this level.

We do not want to breach any of these lows. We want support roughly in this area between 33 and 34 to be found. We want this support very much to hold, because if it goes below it, i think you're going to see some of the weaker hands start to panic. I find this be this situation to be particularly frustrating, because i fully understand that emotions are high.

I myself have quite a bit of money myself on the line with amc and then, when you hear this, rhetoric of people are telling you somehow that buying is bad. That that's like it's as a community, we're starting to fight with like lunacy when there's people there's people who are like, oh no, no somehow buying is bad. What are you talking about? Buying is what pushes the stock higher and when we're at precarious points in the chart such as this, and then also that's when the voices get louder of like maybe we shouldn't buy. That's i don't know it really on a personal level, makes me like question their motives like when we're at such an important point such as this, and then people are like buying is bad buying.

The dip is bad. We shouldn't buy like when they're spreading that rhetoric. Clearly, they don't understand anything about supply and demand. They clearly don't understand anything about market mechanics uh it it.

I don't know it's absurdly frustrating and then it makes me question of like do they actually care about this community um at all. Do they care about the success of what's going on here? Like that's, that's a crazy thing! That's just false information! It's straight up fake news! So yesterday, jimmy breach below its support level at 196, but then ended up closing right there and similar to amc. We're seeing some strength in the pre-market would love for this to recapture 200 and then obviously the higher the better uh. We will be tracking them throughout the day in terms of the ortex update.

Amc currently has an estimated short interest of 16.5 and gme has an estimated short interest of 11.12 uh in terms of crypto bitcoin. Looking strong ethereum looking strong solana looking strong matic looking strong. Let's check out some of these other things. Uh shebe had a great day.

Yesterday went up to 54.. At one point, it was up like what 30 40 percent right now taking a breather, we're looking for it to hopefully create a new higher low and then bounce off of that and continue upward in terms of loopering flat right now. Hanging out just below three dollars. Would love for it to recapture three but once again range bound trading, not really trending? At the moment, cardano unfortunately took a sizeable hit from two dollars and 40 cents all the way down to 1.40, but now hopefully, hopefully the bottom is in and we can get above 164 and i want to then see a test of 176 once again.

All these ones that we went over i'm in them, i own them, i'm long on them. I want them to be successful cardano. I find to be particularly upsetting right now, especially because things such as solana and these other avalanche here, i'm just trying to bring this one avalanche. All these other utility-based crypto projects are doing pretty well and cardano, i'm not going to quit on it, i'm still in it, but uh i do in the short term.

I find it a little bit frustrating that it's not performing as well uh, not at all, but hang on. Let's see how that all plays out. Matic is doing great salon and doing great yeah we're seeing a lot of green a lot of green right now. Hopefully, uh crypto is gearing up for its next big move.

That would be awesome all right. Let me turn this uh. The next eight minutes over to you to answer any of your questions. Vbiv exploding today hpv vaccine approved v b i v v b.

I v yeah uh, i mean it's up: 40 40 cents um these gap. Ups, i i i find it particularly difficult to chase them. If you don't already have a position, maybe it gets some legs and gets moving and maybe it's a short swing. Trade or maybe a day trade, or something like that, but sounds like some positive news: letty becoming an astronaut shout out, letty uh chgg for gap fill plus repurchase program announced chgg.

So, generally, a repurchase program is solid because that's kind of signaling to the public that they think their company's undervalued and they're trying to buy themselves at a discount. If this gets going yeah you have that opportunity of a gap, though you're, going to want to look into how bad the earnings was, because obviously there was a considerable gap down from 62 to 40 dollars, so look into why the earnings was so bad like what Was said, did they like severely lower their guidance or, what's going on chang, obviously related to college students trying to get through college um? So i would want to dive into like what prompted this gap down and then from there. Maybe if you get the break above 30 than that holds all right, then you're gon na have to watch 39 and then you could talk about this gap bill all the way up to 58, but i would want to see a little bit more momentum. It has been building momentum over the past four days, but it's also add support.

This actually might be a pretty solid opportunity, especially with the repurchase program being announced. I mean that's some solid stuff uh. I would want to dive a bit more into it, but i do find it interesting. This might be a good buy opportunity on check.

I've actually never traded check. I've used chegg, but i've never engaged in its stock. I could check tiblio, but it's not updated yet because tiblio's on the options market and the options market doesn't open until 9 30. uh um someone said trade ada for algo i own both i own both i own both wait.

What is this? The vert? What's uh fintel insider gic, private ltd report selling 1.4 million shares of ver virtue, financials at a total cost of 40 million gic private ltd selling virtue, which is the second biggest market maker? Oh, i did have an update for you as hang on as we're waiting for the market open. Where is this? No, where is it? Where is it? Where is it? I got a response from finviz all right. Why can't i find it now? Okay, so this is with finviz and i asked them about the gamestop thing and they were reporting the high short interest, and i just said i was hoping you could inform me of where your short float data is sourced from and how often it's updated. Thank you.

Matt they, this is from finviz's like support team. They said the short flow is updated in two week periods by the official data from the from nasdaq, along with its release schedule. Should you have any other questions, please let us know, and then i was like. Well, hang on that's weird because they're referring to this data right here as in they on the 24th, they should be updating with the november 15th data with the short interest coming in at 10.97.

So i asked them that i was like what do you mean the nasdaq's not reporting that, but regardless right there from finviz uh, we know they're working exclusively on the exchange reported short interest, so they're always at a two-week delay uh at best honestly. So the finviz data that that's like from the finviz team uh, so i hope we can put that issue to bed of them. They're, basically admitting that this data right here that uh, i believe it picked up some steam, probably in super stonk of so right. Here.

Look at short, float already updated and they they updated it. Literally after i sent this email. Look it 10. 10.

So we finally got that update uh this. It was like a data error and it's. I don't think this is necessarily a good source for that short data, because it's two weeks behind it's not doing any predictive modeling the way unusual, whales, s3 or or techs are doing. Finvis is just taking the data that's publicly available two weeks after the fact.

So hopefully we can put that issue to bed and people don't have to pump up their like videos with. Oh, my god. Gamestop short interest is over 100 again. Uh sounds like you need some hot tea and bourbon.

Well, i have hot tea that has now become cold, but i don't know if bourbon's the right option right now. Do i really sound that bad or just kind of bad? Let me know scale of one to ten. How bad do i sound before the bell goes? Ding ding ding uh. What do we have? Someone said prague shall rippeth today.

Oh man, you guys are really someone sent an 11.. That's pretty bad folks, i'm hearing a lot of 11's being reported. Why are stocks valuable if they don't pay dividends, um, because you're you're, an equity owner, you're, hoping that the company improves and the value of the company is more and then you have more money with it um if it's not dividends that make a stock have value? It's the company, growing uh or their perception of the company being more value that gives you growth. That's why stocks go up because it's perceived to be more valuable uh.

Where are we at? Where are we all right? Ding, ding ding? The casino is open. Let's rock apes: let's do this thing. Let's do this thing all right, let me drop to the one minute to see how this is all going. Let's go, let's go, let's go all right.

You sound like the prog. Could you check out ispc on ortex? Yes, no problem whatsoever, ispc ispc. Why is it not loading while i'm working on that? I wonder if i could get some christmas, tombs, upbeat christmas favorites a little background, music christmas time christmas time christmas time, all right! Where are we at today, and let me what was it ispc ispc? It has a no it's not on ortex. The cost of borrow is very high.

The utilization's high the shares on loan are 1.11 million, but it does not have an estimated short interest, for it must be uh. Does it just get like uplisted or something costs about very high, so tells me that it's tough to locate those shares very tough. All right, let's see what unusual wales is saying for the day anything. Yet no, it is december 1st no alerts from unusual whales.

Quite yet, let's let the market open. Let's let the market breathe all right. We are good there. We are good.

We are good uh. What are they all right? So it's an amc to the left. All right amc is currently trading at 34 18.. This is a key level of support.

We want this. To hold. We very much want this. To hold music needs to be louder.

It sounds weird. Is that a good volume? Let me know if that's too much, it's the you got to wear your ape christmas shirt right here. You got to get your ape and the christmas hat. We got to get seasonal folks, seasonal, uh, where's, prague at so the market.

Taking a little bit of a dip prague there we go, we have prague up too loud morning. Matt. Do we still own the float on amc um? We never fully owned it uh. The only report we have is from june and we owned 80.

So when you say we owned 80 percent - i we don't know what it is right now that was that report was from early june and right now we're in early december um. They have triggered a like recount. So we don't know the new numbers um. What else do we have love the holiday vibes? I mean folks, it's december and just to remind everyone of where we are at in the seasonality of the world right here, futures equity.

Let me bring this up for all of us right here. This is where we're at we're right at the start of december, so it seems like the first. What fourth is bullish, then we have a little bearishness and then bullish all the way until the first part of january. So this is december right here and we are smack dab at this point.

Um does it have to play out this way? Absolutely not uh. This is just over 20 years of data. What these seasonality influences are all right. What other big movers what's going on today? Someone said lucid is looking good this morning, lucid, i mean it's up we're seeing some green in the market.

We have a decent amount of gap up. So, let's see, if anything can build up, some momentum did hood hit a new all-time low. I think it did new all-time low, bummer dude, that's a bummer how's the market. Looking right now, hood new all-time low, uh amc 3450 jimmy 198 prague.

Is it gon na start building up something here all right. What else do we have going on? Let me know in chat if there's any big movers, any big shakers or if you have any questions someone said rivian is on the move. Ravion is on the move up. Four percent somehow popped off of 120 up to 125., the soft christmas music is nice and calming shout out jason.

What else do we have tesler tesler prague? Someone was talking about ispc, ispc, crazy move already halted. I wonder what the news on ispc is. No. I do not want that.

Ispc uh halted circuit breaker, not seeing other news on ispc, just the fact that it is a circuit breaker halt. Huh there has to be something going on with ispc. I, like that game, stop staying above 196 kind of bounced off of 195 this morning. Let's see if amc can collect itself, it was down then got some buying all right, how's the russell.

Looking theoretically, we've seen this at least the pattern between amc and the russell. The top left - and the bottom right here is typically, if the russell does better, they amc does what as well so we're hoping that these two things definitely go green. How great would it be to find out cindella's shorting hood? What's going on billy ray? Do you think the vix could be a good play for the new kovich train um? As of now, it kind of seems like the market is shaking off these the current fears? So if you think it could increase volatility yeah it would be but um. It seems like the reports coming out of south africa, is that the i guess like the victims of it, are not really showing severe reactions, which, let's hope it keeps that way and if it, if that stays true, i don't know if the vix would be that Good of a play did you see unusual whales, 950 put for next friday yesterday, um on, i think, you're referring to tesla right brian.

If you're referring to tesla, i didn't see that ar dx. What's going on with ar dx ar dx good news, uh, it's a biotech that was probably just a penny stock, not necessarily like my bread and butter thoughts on solana, love solana in solana - i think solana, is a great opera solana is ripping right now, uh if You're trying to cop some solana for yourself, you could easily get it on voyager right above my head, just download the app throw in that code, matt21 and uh as soon as you deposit it you'll get some free bitcoin, but you'll also have access to solana. Among many other cryptos realistically, what do we need for amc to start? Moving again, more volume utilization to increase seems like a never-ending battle. Um there's no metric, that's like! Oh! We need this for it to move like even that.

Okay utilization, it's just a ratio like utilization is the amount of shares on loan divided by total loanable shares utilization, doesn't say, oh, like we're about to have more like positive price action, um. Typically, when you're asking about more volume, more volume is commonly remade related to more volatility, but it could also be it could be the upside or the downside, and there are cases where you have a lot of volume and the stock goes nowhere. But um that's more of a rarity of a case. Volume doesn't mean bullish or bearish.

It just means the stock is being more actively traded. What i would say we need for amc, is nice technical breakouts like it needs to slowly grind or even quickly grind? It doesn't really matter, but we need nice, technical recapture. So right now amc is trading at 34.. It needs to get back up into this daily wedge, um people it needs to, i guess, let's say get above 37 first like it needs to show strength right now.

People are scared about amc they're, seeing it they're like hey i'm from november 17th. Until now, i'm seeing red uh people's confidence needs to be returned. Um the people who are more so of like weak paper, hands like they. We need those people to stay in.

We need them to stop selling and i guess, like freaking people out um, so i i think it just comes down to the price action and i think it becomes one of those things where it's a self-fulfilling prophecy of some people are like. Okay, if it recaptures 35 i'll buy so they buy, and then that helps to get to 36 and then people at 36 are like okay, that's what i wanted to see now they buy, and then it gets over 37 and then at 37. I don't know the algorithms see that it's a technical breakout and then that pushes it back into the wedge, it's just like. We need um momentum to build up.

We need a series of like little good things to happen. That leads to a series of nice positive uh, like notably big things to happen, is at least how i would look at it all right, spy kind of turning back around uh prague right now at 3 14 gme. Turning back around, let's put the russell over here. We want the russell to get above 222.

that should definitely help. I know there's a subset of people that, like strongly believe amc is going to move inversely to the overall market. I i don't think the data suggests that i mean even right now. How similar do amc and the russell look like right now very similar? How similar do the spy in amc look uh? They don't really seem to be moving inversely all right.

What else do we have do large institutions buy, and only to aid defending shirts like large, longs supposed to influence the self when they sell off? Let me reread that: do large institutions buy in only to aid in defending shorts like large long supposed to influence selloff when they solve no large institutions, they buy because most market interactions are people going long, not going short, it's about a 95 to 5 percent break. Like most trading is people buying on the hopes of something going up and uh, i've never seen any data to suggest the opposite for large institutions. When our large institutions take a stake, they want it to go up, for example, think of someone like warren buffett. He is, i would consider a large institution, berkshire hathaway they'll buy billions of dollars of like coca-cola hoping coco coca-cola goes up, they're, not attempting to help shorts um engaging in the market in like a bearish short methodology is relatively small compared to people who are going Long like most people go long because they want it to go up.

That's true for retail. It's definitely true for retail, and it's also true for, like larger players, institutions uh hedge funds. They are trying to buy things when it's cheap and ride it all the way up. Um.

Definitely so this, like, i guess, the thesis of are they only buying it like these large institutions care about themselves. They're not gon na buy something to help us short. If it's not them like wall street is a very cutthroat environment. There's very rarely.

Are you trying to help out some other organization? What's up with amc ftds going up 2700, they didn't go up. 2700 burn the rest. I don't know where you're seeing that but um from the most recent report that came out yesterday to the report before that it dropped it went from like thousand down to. I think twenty thousand.

I don't know where you're seeing that it went up. Twenty seven hundred percent, and also it's kind of weird, to look at ftds in that mannerism of like a percentage increase, because what time frame are you on like? What's your starting value and most of the time you're looking at it as a magnitude or magnitude relative to the either free float or outstanding shares to just say, a percentage increase is uh kind of like a a mathematically, useless way to look at ftds. If anything, it's just a very good title. It's a very good headline.

It sounds like someone just wrote that, on a blog to try to get you to read their blog, i, like 24 7 on the chart. It only has 20 million market cap. That's so low good idea to invest low market cap no um. Sometimes things have a low market cap because they're just not worth it like.

There's many businesses that are not worth 20 million um. The the game of the market is to find things that are undervalued. So you would buy that if you think it's worth more than 20 million, but 20 million might be an accurate evaluation. It might be an overevaluation uh just because something has a low market cap.

That doesn't mean it's a good opportunity. Thoughts on elon, it's cheap! Oh, the the crypto elongate or whatever, that is, i haven't done too much research on it, so i don't really know much about it. I don't own any of it all right. Iwm.

Look at this. Look at the similarities the sell-off a little bit of a bounce and flat sideways training um for the rhetoric out there of people are saying like. Oh, we need the market for to crash to trigger the moas. I don't know i'm seeing them move in a directly related manner, rather than an inversely related manner.

The song is getting a little loud, but the spy is bouncing. How are the cues doing how's the tech sector doing the queue is looking good all right, let's go over any of these alerts. Do we have any yet unusual whales? No none coming through. Quite yet, yesterday the one we were talking about in the discord which, if you want that it's been to the top of chat, was lift man.

This gap up in the morning to capture those gains. I got out right at the close yesterday. It would have been so nice to get he's honestly. Lyft is showing a little bit of strength right now.

Someone loaded up on the 42s for the end of this week, um so in two days, and it triggered around 1ish p.m like right in here, and i got out on a nice 40 game. This probably was up even higher, maybe even 60 - 80 percent - something like that. I don't know what these are trading at right now, but uh. That was a nice trade, and that was from unusual wales, and we were just kind of breaking down the trade in the discord.

What else is moving right now? What else is moving tesla kind of flat, lucid kind of flat prong a little bit down? 310 gme amc nvidia a lot of flat right now in the market, not too many crazy movers, crypto moving solana looking great at 228 wow solana tooth showing a lot of strength watch for solana to get above 236 and then look for avalanche to get above 130. A potential cup and handle in the inverse shoulder head shoulder situation - people are talking about. Let me bring up apple apple uh. Is that a new all-time high 2.75 trillion dollar market cap now yeah it hit a new all-time high ding ding ding ding ding apple uh.

I don't think tim leo's updated yet, but apple. I think, like a really easy play. Right now would be sell like a put credit spread so like you would sell. The 156s maybe buy the 152s, and that's just the bet that apple will stay above 156 by, like whatever time frame you think it'll stay above 156.

That's probably like an easy layup like it's not going to be some huge percentage gain, but a lot of the times. That's consistent traders who are looking for like monthly income just of like you want to be a professional trader and do this day in and day out and build up your portfolio once in a while you're gon na hit that grand slam. But from my own i guess like conversations with people who are professional traders, professional trading is much more a game of hitting a bunch of first space hits opposed to a bunch of like grand slams, like it's just consistently, hitting a first base hit over and over And over and over again, and just slowly and surely, building up your account uh what you care about is your percentage like just week over week month over month, you want to go up by x percent, don't get so focused on the magnitude of the money. The sizable money, when you're getting into the game of paying off your rent, paying off your internet, paying off your groceries that will come as you build your account and the way you build.

Your account is by continually getting a nice percentage game um. It's a big number, but if you can continually make ten percent on a trade, even five percent, on a trade like it's just if you look at compound interest, it is not long between before, like a ten thousand, if you take a ten thousand dollar account and You're continually making 10 on it. It does not make take many trades for you to get into a six figure account like at all uh, so remember that go for those singles go for that. First base hit always focus on getting singles um.

There are people out there who don't do it that way they look for like one or two or three home runs a year and that's it's possible. I've seen people do it. I know who some people who do do that um? I think it's more more of a difficult way to engage in the market, but if that's your style, hey, i have no issue with it. Uh, i'm just trying to say like what's like, i see to be more common across the board.

All right sports fan calm down. Do we not like the single analogy? Have you seen anything about mmt lp? Apparently you can buy into a dividend tda announcement due on the dividend by december 20th uh. Unfortunately, i haven't mmtlp, so that is the ticker. That's the ticker! On dividend for like for the dividend, are pot stocks manipulated by shorts till ray um i have they might be.

I haven't seen evidence that suggests that i think right now. The issue with the marinara industry is there's just from a federal perspective from a government perspective, especially in the us uh. It's just very slow, like the acceptance of it is dragging its feet. It's just taking forever and ever and ever.

I think the industry will do well but opposed to other industries, such as, like i don't know, data processing data computing, esports online gambling that i think will grind higher and higher and higher that one. I think we just wait. Wait wait it flatlines until government approval and then it shoots up um. Oh, it's an mmat spin-off.

Okay got you so for that stuff! It's just waiting. I am bullish on the sector, but i think it's going to do nothing, nothing, nothing and then one day we're going to get the announcement from the government that it's federally legalized and then they're all going to shoot up uh. So i think it's a little bit different than a slow grind matt. I started using weibull back when you recommended it.

I love the user interface, but maybe you no longer recommend what do you recommend if i like that interface? Well, if you like the interface, that's fine folks, if you like weibo's interface, i think there's no problem with that. It's a good interface! If you want to use that to do your charting to look at the options shane, i find there's no problem with that. I think the problem is like actually executing your trades there right now. If you want to use public, you could get free stock and all that stuff uh, no market makers, no payment for order flow.

They do loan out your shares. So, to avoid that you reach out to their like kind of robot customer support system and say don't loan out my shares. So i myself on public. You turn off your like your loanable shares.

Like you turn off your share lending um right now. People are kind of trying to figure out what's going on with fidelity literally up until yesterday, i thought fidelity was a good one. Um well known um. It has what i liked about it is you could directly route your orders to lin exchanges? I guess i don't to be very, very specifically clear.

I am the biggest fan and the biggest proponent of trading on lit exchanges. You can crop that quote that you can cut that you can send that to the bank. I think, whatever methodology you have, if you're doing lit, exchange orders some of those times depending on your broker, you might or might not have to pay for commissions all of that stuff. But if you just like a certain charting methodology like if you're comfortable with weibo of just like the charts and the technical analysis, use it that's fine, but then just you could execute your trades elsewhere.

I don't think there's a problem with that. Yeah i mean i'm seeing a lot of people saying right now. You don't trade on weeble, but you enjoy their charts. There's nothing wrong with that i'll! Look at weeble for the option chain just because i like know how to quickly navigate through their option chain of.

What's going on, but if you're just using it for that information, that's fine! That doesn't mean you have to trade on it. A lot of people are talking about aerc uh, aeroclean technologies. What happened package software? What i've never heard of this before today? Oh and it just started trading so for me as, like, i care quite a bit about technical analysis, there's not much of a chart to go off of so, if you like it, i seriously wish you the best of luck. I hope you crush it.

It's just for me. I feel a bit more comfortable with more of a built out chart, so i know where the levels of supply and demand are uh morning guy i asked about walmart before glad i listen ello. What do you think about paypal? Very oversold, on the daily looking waiting to find the bottom to play. The recovery shout out strong hand all right, so you are asking about paypal, paypal, paypal, paypal.

So yes, yesterday we had that the quick breakdown of rsi relative strength index and right now you actually are seeing some bullish diversions. That's a very good call, so relative to whatever this was and recently so the rsi has gone higher, but the stock has gone lower. It's starting to bend back around and it's in this region of consolidation paypal. This is kind of a nice dip buy and if you want to risk whatever this low, is you could risk 171? You could risk 175.

like. So this is your risk point you're playing the bullish divergence of the rsi. Maybe your signal, let's bring the macd back up, is a crossover which we might have today, paypal folks. This is an opportunity right here.

Um, it's the technicals are lining up. We have bullish divergence in the rsi, it's already oversold. The bears are running out of steam, we're about to get the macd cross. Maybe you want to use the official going green as your buy signal, and then you could write it back up to 216..

You could write it up to the gap bill of 226. You could do you could sell a put credit spread, you could buy a call debit spread. You could straight up, buy calls if you want more risk. I would definitely give yourself enough time.

Um. You could just buy stock, you could buy stock and sell calls against it. I mean there's many ways to make money. If you think the direction is upward and they all just have a different gradient of risk.

I would say the lowest amount of risk would probably be a put credit spread if you are bullish on this scenario, that's probably the best way to like the least risk, but also least reward the highest risk. Highest reward would be buying call options bringing that down. In the risk spectrum a little bit, you would do a call debit spread and then a little bit less than that would be buying like stock itself. So straight up calls call debit, spread stock itself er, that's probably in a risk perspective, roughly the same as like a put credit spread.

So we have a call debit spread and a put credit debit spread. Excuse me, credit credit is for the put debit is for the call, so that's like kind of the gradient, but this is i mean we can mark this out right now. What's what is this? Let's mark this out as if we were to take it, i'm not going to take this trade myself, but i'm going to mark it out on this chart and we could come back to it in a little bit. But if you want to use the macd cross to kind of conform, this, i think paypal right now is an opportunity short put as well yeah.

You could sell a put that's another one, a little bit, that's a little bit more risky than a put credit spread, but that would be in there uh put sandwich spread on your sandwich. Hey matt, a bigger problem is with apex even turning off lending with the broker. If they clear through apex apex, uh can and will still lend shares. I have letters from apex stating this.

They make it impossible to stop lending irish um. This is news to me, but that seems crazy, uh and potentially very likely. Could you send those to me? Could you like dm that to me on twitter? I would like to read that myself and like share it with the whole community and maybe kind of do some research. I thought if your broker said no lending, that the clearing broker would not lend it uh, but maybe they're, even more nefarious than that so yeah.

If you could send that my way, that would be great. I would love to share that with everyone else. You said, doo doo, look into jazz me yeah, so jasmine's on my list, uh. Someone was saying that yesterday like worthwhile to check out.

I appreciate that devin uh selling some losers for taxes before the new year and looking for something too long until spring. What do you like for that time frame um for spring honestly, i think well, paypal. I, like the setup in paypal right now, um, so i maybe that's a little bit too short of a timeframe. I think penn is very cheap right now, and i think draftkings are, is very cheap right now um buying on a discount there.

I think that could be solid. What else is super treat i'm trying to think of like what's undervalued of just like a multi-month hold uh? I guess i really like lucid, where it's at i'm really liking, lucid tesla's costly, but i also like that um. If we're talking for the next, i don't know half a year, let's say six months: four months, i'm a fan of draftkings pen, paypal for a shorter time frame, lucid and tesla. I guess right now, but even all those might be even a little bit shorter, like maybe the next three months.

All of those i think tesla and lucid, look like they want to break out, and i think for a little bit of a longer time frame. Pen and draftkings are just stupidly, cheap right now. Look at that we're seeing some green green, green uh. You hear about the explosion at the cheese factory.

There was debris everywhere, shout out club foot, billy love that hey thoughts on strn, i'm in at 288 3k shares here by two shares, is looking really thick strn, it's looking strong uh, so it started recently trading, but i like the breakout above 334 ride that trend Uh see how it reacts to just above four dollars and then from that watch 450. Looking strong uh can't dmu got blocked on twitter for being misunderstood when defending the youtuber business model. Where else can i send? This was sent to me during the april craziness uh on gm, using weibo with interactive brokers. Now irish uh, you could dm me on instagram and then also there's like the youtube email.

If you go to the about page on youtube, so the email or instagram dm could also be fine uh, and i i think i need to also say thank you for defending the youtuber business model. We got blocked on twitter. Wait. You got blocked by me on twitter.

I don't think i blocked you irish wolf at support thoughts. One year chart let's check out woof woof woof woof. It is at support and it's also severely oversold. Maybe when some momentum starts to get back into it.

But just remember because something's at support doesn't mean it has to catch itself. It means there's a chance of it and, like you, have a well-defined risk is how i would look at it if you're, okay, with risking let's say, 18 bucks, it's at 19, if you're, okay, with risking a dollar a dollar, fifty right now to potentially play this Back up to 24 that's opportunity. It's definitely opportunity good call out mike hey matt. You do awesome analysis, so i i have way too many.

Jan 2021, calls for roku all in the mid 300s 330 to 370 stock is beat up, should i dump for 75 loss or hold longer roku, okay, so jan uh? That's a tight time frame. I wish it was like rolled out a little bit longer because i think this one is overextended as well like i think. Roku is due for at least some sort of bounce, so you could cut it. You own calls, which means, if you want you, could do a poor man's covered call by selling calls against it against your long calls to collect some of that premium to maybe help a little bit.

But if you think it's going to continue to go south, you might just want to cut that one a little bit loose. I do think roku is due for a bounce. I think this has been extremely beaten down. I just don't know if you're going to get that bounce to the 370s by mid-january.

That's like a pretty tight time frame all right. What else do we have so amc, showing some strength as iwm bounces, all right, all right, all right! All right! Amc!.