With all the chemicals in my brain until the temperature rises, they're like oh yeah, like Follow Your Passion go to college, go through all the Hoops you need and one day someone will send you a personal testicle spa bath massager like I thought it was a joke like just by a name. but no, this is very much straight up exactly what you think it is foreign. Dimitri I'm on you. You have a 75 chance of winning this card.

You also have a 25 chance of being permanently banned from my YouTube channel. Is it What's it gonna be? No Dimitri What did you did you All right? Oh brother, Good morning, good morning, good morning, good morning. Welcome back to another episode of The Mad Core Show where you're Matt I'm Corazon Together we're the show. We're here to talk about the old stock market, the old Crypto Market the old Futures Market the old options Market We're going to talk a little bit about breaking news and just everything else that's going on in the world.

I Hope everyone had an absolutely fantastic extended weekend. Uh yes. unfortunately. I'm sure a lot of you were feeling a little bit of the itch to trade yesterday because yes, we are all mentally addicted and I'm not saying it's a good thing, but it is a fun thing.

But yeah, the market was closed yesterday in observation of Martin Luther King Jr day. And now that we kind of got that out of the way on top of just the normal holiday season between late December early January it feels like now we can get into the swing of things like it feels like now we're ready to go and seeing how green we can make our P L officially for 2023 now. I'm not gonna lie, it's been a rough start for me I know why mathematically I've proven why I'm stupid. Now it's the game of uh can I make it all back and then some? Uh do I Mind not really I Kind of run my life on the concept of the earlier you fall behind the more time you have to catch up if I screwed up my accounts in November or December of this year I simply wouldn't have that much time to make the money back.

but the fact that I messed up my accounts in the first two weeks of January folks I have a long, long time I have in excess of 11 months to make my time my money back so that's a plethora of time. Almost too much time. So I feel like I'm feeling good I'm in a good good position. The earlier you fall behind, the more time you have to catch back up.

That's a life lesson. If there's any of you children, any of you youths turn it. tuning in right now. be before you have to go to school for the day.

Take that as a major life lesson. or even for those of you who are working on a big project at work or school or whatever. have you the earlier you fall behind, the more time you have to catch back up. Uh, you don't want to fall behind right at the end.

That's awkward. You don't have time to get get done. What you need to get done. Take a lesson.

for me. This is how I run my life. If you're going to screw things up, screw them up early. That's the life lesson of the day.

Uh, and look at that. Maybe we'll even run into some relationship like advice later on in the Stream. But overall, we have some fun in the markets. Recently the Market's been popping if you ask me.

I Don't think it's going to last that long. In fact, I think it's going to actually be a pretty painful year. Not extremely painful. but I do believe that the Market's going to end in a uh, pretty red scenario at least at some point.

I can't call it out for necessarily December 31st. Uh, but clearly the Market's under some pressure, so I do want to talk about all that with you? Then we're going to kind of zoom in on some of the recent developments. We have a lot of banks reporting. Uh, we have some beatings such as Morgan Stanley We have something missing such as Goldman Sachs we'll be getting into that and I have other interesting stories that we're going to be getting into around 11 30 Today, we're going to be bringing on a professional Trader Mike Edward from TTG just to talk about what he's been seeing recently, but also just because of the time of the year, his opinions on what will be playing out this calendar year.

Then we have some interesting videos to react to. We're going to be doing some degenerate trades throughout the day. Uh, we're going to be paying attention to Bed Bath and Beyond because it has been ripping. Friday was not so good and then we're going to be talking a little bit about Alibaba if you guys missed the news Ryan Cohen that's his newest one that is supporting Baba Ticker Single Baba We talked about it a little bit.

Uh, over the past year, two years, I've commonly referred to Alibaba as, in my opinion, one of the most undervalued stocks based on its fundamental performance. Uh, but that's mainly because it runs into serious headwinds from both the US and the Chinese government. So we're going to be talking about that. We're going to be answering some questions if you guys want to talk about whatever.

Futures Training algorithmic trading If you want to talk about some options stuff, uh, whatever you guys want to talk about, this is what: The Goonies come here for. We're just going to be messing around having a good time. Haircut: Got Matt some Riz don't know what Riz means but Daryl I'm gonna take it as a compliment. Haircut got Matt some rizz Riz got Matt some Riz some like Razzle Dazzle a little bit of is that what? like a little bit of je ne sais quoi if you will? um why am I sick Billy No one will ever know Riz what the does Riz mean Oh before rizz equals charm.

Oh that's nice man. you just made my day I Appreciate that. Uh, maybe before we start everything I Would like to really officially kick off not only kind of back to normalcy here, but also just this particular stream this particular week. um, controversial question for all of you and I need you all to answer is Tom Brady now done.

My vote is yes and it has nothing to do with like his football prowess. his life imploding the dude cost me a lot of money Sports gambling last night I'm being a little overly dramatic I was break even I had some good bets I had some bad bets. um but what's going on with the Bucks they couldn't score I bet on Tampa Bay getting over 21 points I needed over 2.5 touchdowns and they couldn't do it. Is he intentionally ruining my life? Did he call up bar stool and say hey Barstool what bets has Matt Core's place and Barstool Dave picked up.

he's like oh it looks like Coors placed this, this, this and this and then he's like cool I'm just not gonna like it almost feels personal at a certain point and I don't know I I guess in a certain way I'm a little bit upset with it like I'm very much upset with it Sports is fixed. It feels like it's fixed against me and I like do I care if sports are fixed? No I just want to know so I can make the right bets. That's my whole. My whole argument here is like I don't mind if they're fixed.

It's just like why are they fixed against me Similar to the market, you know how we always get short ladder attacked in dark pools. when I have a trade on and it always happens to go against me, it's just like I don't care if it's fixed, it's just like let your boy know like let me in on a little bit a secret lit good old Maddie boy into the Cool Kids Club so I know which way it's fixed I'm just like I'm tired of it being fixed against me. Is it like the only thing I want to say? just throw megalodons in the dark pools Uh uh I thought short ladder attacks don't exist Matt I Buy short must have been a long weekend for you man and sorry you'll you'll catch back up to speed. we're back onto the team dark pose.

There's two teams you can be. There's two types of people in this world. either your team dark pool or your team not dark Bull and we're Team Dark Pool here sell everything Ray Dalio said so. so did Rich Dad Poor Dam didn't Rich Dad Poor Dad like have to declare bankruptcy for like his entire Empire At least you didn't put 1.4 mil on the Chargers at halftime.

Oh yeah, when the Jags came back, he put on 1.4 mil. For those of you who don't know, there was this crazy crazy bet the Chargers were up against the Jags at halftime like 24-0 27-0 Something like that they were. They had quite the lead. Someone at halftime bet 1.4 mil that they would win and that would make them a return of 11 Grand But they ended up because the Jags came back in a very, very impressive fashion.

Uh, that better lost 1.4 mil. It was crazy foreign. Absolutely crazy. Uh Lawrence Hit beast mode after halftime.

Dude, he is good. So we've talked about this a little bit a little bit and I asked you guys because I'm not like the biggest sports fan in terms of following the players and their skill. I attack it all mathematically like I'm just on the ESPN's website and these other various websites where I could get all this data data, the data, the stats and code it up and see if I can see any Trends patterns like that's how I lead my bets. Um, but so I don't really Follow The Who's Who of like oh my God like this is going to be a good quarterback, this is going to be a great quarterback.

but the one question I asked you folks was trying to understand if there's much of a discrepancy between Joe burrow and Trevor Lawrence because it does seem as if the prevailing wisdom is yes, eventually Joe Burrow will be a Hall of Fame Amazing Quarterback like this isn't going to be a run-of-the-mill quarterback. this is going to be a guy that's gonna like accrue some serious accolades. and then I asked you folks, is Trevor Lawrence going to be the same like are we looking at another generational quarterback or is he just another quarterback and it seems like when I first asked you that it was kind of like up in the air a little bit. Um, but it really does seem as if Joe Burrow and Trevor Lawrence are both gonna be like these kind of storied franchise quarterbacks type of a deal? Um, well, even King Kyle you're saying huge difference Joe is the new goat Joe is really good I'm just saying like is there a chance that Trevor Lawrence will also be at that level I mean these comebacks and some of his like his recent playing.

if he always played how he recently played over the past four or five games, like if that was 100 of his resume, I think we would all be saying yeah, they're both amazing like both. absolutely great. Um, so I'm excited to see how it plays out. uh I I wonder who I think's gonna win if I had to I don't know the 49ers.

If I had to throw out a Futures prediction right now of who wins the Super Bowl it'd be between the Bills, the Eagles and the 49ers. which like I don't think any of you are finding that surprising because like they're all phenomenal. Um, especially the 49ers have been crushing it lately. Uh, absolutely crushing it.

I Guess if I had to BET right now if I had to BET right now of who ends up winning would I go with the 49ers I Want the Eagles to win just because I support Philly But the 49ers. It's been tough to argue with the 49ers Bills versus 49ers. Bills are the Champs without hurts. I'm not sure the Eagles will go the whole way.

Yeah, that's what I'm kind of thinking too. it could if it ends up being the Niners and the bills. but Josh Allen like dude, he's a playoff quarterback. unlike Brady, it'll be a good one.

It'll be good. It'll be good to see all of that. But any, Uh Matt 2, 17, 23 Before you put it all right, let me write this down. so I don't miss this uh Chiefs and bangles? Yeah, I mean you can't really discount my homes.

Uh, by any mean, like there's there's some really bad teams this year, but then also there's some pretty highly performing teams Matt Uh, two, 17, 40 put on coin and then 120 217. Oh, 23 and then 120 23. What are you asking about here? Three template on Netflix 310 put on Nflx, uh for 21 75? put on Tesla Got these last week's thoughts. Okay, oh we I'll make sure to definitely answer that like right around like as the Market's opening.

Uh, I got it all written down though? um, would have Dallas wins I Don't think I mean obviously they could I just don't like they had a good game last night. But you have to ask yourself this: did they have a good game or did the Bucks just have a bad game I Know the Dallas defense looked really, really good and you have to ask yourself, were they just that good or was the Buck's offense just not that good? Um, something fair to consider. Something fair to consider Matt Why did you say I am AMC Jimmy is a degenerate trade? Because it is. Yeah, like it.

100 is a degenerate trade AMC Jamie Bed Bath. All these like chasing of a short squeeze type of play. It's it's not much different than going up to a casino and saying I'm gonna bet it all on Green it's it's just high risk. High Reward That's a degenerate play like it is on a relative basis.

So much more degenerate than how people generally interact with the market. When you're interacting with the market, a lot of people are like cool. I want my seven, eight, nine percent of return per year? I'm gonna stick it there for three to four decades and I just want that compound return slow and steady. Um, by any definition, if you're looking for these short squeeze plays, it's a degenerate play.

Without a doubt. like I wouldn't say that as a negative thing. it's just. it's a different mathematical breakdown.

It's high risk, higher reward. Um, and if that's for you, that's for you. But I mean it's for me. I Will happily take on the mantle of being the first to admit I am a degenerate when it comes to Poker Sports gambling.

Uh, betting in the market. Any of that stuff like I I don't necessarily mean it as a negative adage, but I do mean it as a realistic adage of what that play is. Uh, if if if you think investing in AMC Gme, Doge Sheba Bed Bath and Beyond all these like crazy like Mmat Mmtlp, um, they're degenerate plays. It's not a negative thing, it's just you're taking on a super high risk High reward type of a play.

And hey, if it works, it's fun. Um, but why did I say it's a degenerate play? Because they are degenerate trades like they are 100 degenerate trades. Uh, how can you be a DJ net poker? You can't contain yourself. Just like when you bought all those crap stocks.

Uh, pretty much yeah. I just I like to overly bet when I have two seven off suit because I think it's funny if you think Matt was uh created thanks to AMC you're wrong Matt was created because of the Apes in retail not the memes. I mean I 100 agree that is that. uh, short the pump and dump I got BBY puts expiring in June I mean we're gonna take a look at Bed Bath and Beyond it does seem to be coming down.

um if I were long on it which remember I never took a position but if I were long I would have already locked it in as soon as it started to show weakness I would have got out if it shows strength again, of course you can once again go along. There's no rule that you can't re-enter Um, but whatever you're doing in these types of high-flying high volatility potential squeeze Place trailing stop losses are exactly what you want. This concept of getting married to a play of diamond hands and no matter what happens, I have to be in it. That's silly.

That's a perfect recipe to lose money if you're getting in. These plays Understand they are active trades, they are not Investments There's a big big difference between active trades and Investments The Investments are something you have done your fundamental research on. You like where it's trending. Fundamentally, you invest in it and you come back years later.

And active Trade is the thing that you're getting in. You're like, here's my risk. Okay, here's my reward. Let's write it.

Write it. Write it like you're paying attention to it. You're actively on your toes. Wildly different, Wildly wildly wildly different.

Um can I make a spy poll this morning? Oh yeah, you want to know Which started Q: A startup poll? All Right Market today. Uh. Speaking of the market today, there are some things that we should talk about before that bow goes. Dignity Ding ding ding.

Uh Green Red. All right. Ask your community there. We go there.

We go there, We go there, we go. All right. Excuse me I'm like 90 95 better. Uh, but still a little bit of a cough.

But anyway. uh, my apologies for that. Let's get ready for the market. What is this? Disney Defense: Iger says activist Peltz has no track record in big media don't know what that means, but it sounds like there is Corporate level drama.

Stock futures trade lower as investors look ahead to corporate earnings. so big banks are all reporting right now. And just if you want to get a quick screenshot of what's going on so early this morning, we got: Morgan Stanley Goldman Sach Uh, Silvergate, We're going to be talking about those after the market closes today. We have United Delta beat and also American telegraphed before.

There's that they're probably going to beat So I am expecting United to also beat. Um so I want to put that out there I'm expecting good, positive bullish reaction. Well I can't say bullish reaction. but I do expect them to beat on their expectations.

Remember those are two distinct things. Um, tomorrow we have more. Banks we have Charles Schwab we have PNC uh later on this week I'm going to be definitely paying attention to Netflix that's a big like Tech play the first big text play of this earning season. so uh, watching all these feel free to screenshot it.

But yes, we are in earnings season. so the big ones that came out today Morgan Stanley's earnings top Wall Street Expectations helped by record wealth management Revenue Um, so right here they got a dollar 31 in terms of earnings. And then in terms of Revenue uh, 12.75 billion when the expectation was 12.64 Morgan Stanley's Investment Banking training and Investment Management operations were impacted by the extreme volatility last quarter. Just so you know, in terms of layoffs and companies that have been negatively hit by kind of the headwinds created by the Fed, and thus, we're seeing it in the economy.

It's not just Tech that's letting people off, it is also Banks The New York-based firm cut two percent of its staff in December which impacted 1.6 000 of their employees. Um, so not the big big cuts that we're seeing in the tech world, but still Cuts nonetheless and then going on to one that didn't fare so well Goldman Sachs Mrs profit estimates on declines in investment banking, asset management, and revenue. So I do find it kind of noteworthy that very similar businesses uh, Goldman Morgan Stanley and one is singing One tune and one is swinging and singing the other. So we're getting a little bit of a mixed bag scenario.

So for Goldman ticker symbol: GS the earnings were 332 when the estimate was 548. so that's not just a little Miss that's a wide Miss and the revenue was 10.59 billion when the estimate was 10.83 So Goldman once again, ticker symbol: GS Miss on earnings Revenue Uh, not so good. Now obviously there are other earnings coming out like I said. I'm paying attention to United tonight.

I'll be paying attention to Netflix they're I'm still going to pay attention to all the big Banks to see their opinions on yields bonds I Really just want to know their commentary about what they think will be playing out this year. In terms of other macroeconomic reports, today at 8 30, we got the Empire State Manufacturing Index not the biggest. Uh, tomorrow I will be paying attention to retail sales. very much interested in that.

And we're also going to get a little bit of an update on the real estate sector. Right now, real estate appears to be vomiting. vomiting vomiting vomiting vomiting. So I'm expecting that to continue.

Unfortunately, the world of housing real estate is taking a steep, steep dive. so I want to be paying attention to that because eventually that will represent an opportunity when we think it's putting the turn in later on. This week we get the classic initial job of claims more real estate stuff uh, more real estate stuff on Friday and then we still also have a couple fed speakers throughout the week. not as heavy as last week.

Five things to know before that stock Market Bell goes dignity ding ding ding today Tuesday January 17th the first day of the trading week because yesterday we had off because of Martin Luther King Jr day. Another thing going on today that I just want to point out is the Davos Summit where it's a bunch of like Rich high falood and fancy schmancy. people meet and talk about things. um I don't know if there is an active live stream.

uh, if there is I would happily we could listen to part of it, but there's a big davo Summit going on. I Believe it started. Stop started yesterday, continuing today. we're going to check in on that.

Uh, back at it Market continuing upward upward upward. Uh, if you haven't seen the market lately, I mean we've been on a nice push ever since Thursday The fifth just push and push and pushing. My next level of resistance is 400 flat, then a little bit over 402. right now we're starting a little red today compared to where we close, but not off by much.

I Mean we're talking 40 cents. So overall, uh, the trend in the short term does seem to be bullish, but just be careful because I don't think it's going to last that long I don't think we're getting up to these levels of 408 410. Uh, it's just we're not seeing that many good things coming out of earnings. So if the earnings were like Rockstar reports Yeah, I would expect us to rip rip rip rip Rip But right now, now, the first inclination that we're getting from the earnings reports is not the best.

It's not the worst, but it's not the best. Very much a mixed bag scenario. Eyes on: Goldman They reported they missed not that good China's population Falls This is the first time in like forever that their population has actually gone the odd other way. So kind of interesting.

numbers there audio industry predictions: Uh, you can check this out, especially if you're more of an EV automotive industry like investor. Trader It is actually a pretty good report. Uh, winning. uh, winding and dining? Excuse me, they're not like, look at these people.

uh U.S Congressional Delegation in Davos Switzerland for the World Economic Forum So we're going to be checking in on this a little bit later, but I think even. Squawk Box Was reporting from there this morning so it's popular, but there's drama related to it. so I Want to save that whole segment for a bit later to really dive into what in the world's going on in Switzerland As of right now, the Dow, the S P, and the NASDAQ are all just slightly red. oil's still continuing to go.

I mean I've been calling this out I'm in Oxy Uh, that's my particular investment in the energy sector, but I'm I Just see no way in which this doesn't perform well and even if it doesn't, the risk is minimal because we know oil's not going to drop below 70 a barrel. We know with how diminished the Strategic petroleum reserves are of the Spr in here in the U.S Uh, they're going to just step in and continue to buy buy I Just don't see much risk. The risk reward ratio of a medium-term investment right now in energy is very favorable in my opinion. and that's exactly why I'm in.

Oxy You could play it through petroleum itself. you could look at Exxon Chevron Devon There's so many ways to play it I chose to go through Oxy I'm still invested in it and I will let you know any updates on that. and right now, yield's going up a little bit, but not too much. Uh.

Apple announces updated Mac Mini MacBook Pro with its most powerful chips yet. What is this? A little bit of breaking news: Apple announces new Macs with its most powerful chips yet. Apple Announced new Max on Tuesday that can be purchased with either M2 Pro or M2 Max chips The most powerful Apple silicon yet The company unveiled uh, refreshes to its 14 inch and 16 inch MacBook Pro tap laptops, both of which can be configured with the latest processors. Apple's also announced an update to its Mac Mini computer with support for the M2 Pro or M2 Max So about a year ago it brought all of its processing chip design in-house Uh, before that it was actually a big hit I believe to Intel they were partnered up with them.

Um, so that was a big hit to them to lose the Apple business Apple Saying hey, we'll do it faster, better cheaper, in-house and right now they are making actually some pretty impressive chip. So uh, just wanted to throw that out there a little bit of breaking news. Okay So uh, what? I want to talk about just because we're a little under over two minutes? Two and a half minutes till that Bell goes dingy Ding ding ding spy still looking strong. A little bit later after, we're gonna watch the first 10 15, 20 minutes Market open I Can give you the statistical breakdown of what this day normally does, but remember, from a seasonal perspective, the back half of January is bearish biased.

Um, so the first half of January. It does favor the Boodles just from a seasonal perspective. It's not like it ever has to play out this way. I'm just letting you know of like the historic headwind and Tailwinds the first half definitely supported by Tailwinds.

The second half of January into roughly the first week of February is historically bearish. Doesn't mean always bearish. it just means like if you took those trades historically, you would be net ahead to be more of a bear in the second half of January. Does that mean it has to be bearish this time around? Absolutely not.

If anything, I would still react to the price action, react to the developments, pay attention to your risk, your reward. I Just want everyone to know the bias for the second half of January. But for today, specifically, January or excuse me, uh, January 17 2023 It is the 10th trading day of all the month and also the year we're going to dive into that data just so everyone feels a little bit more comfortable about where we are where we aren't But right now the market is looking pretty strong Tesla making a decent recovery up to 126. uh.

Rum has been really strong over the past week, currently trading at 9 48. My average is right around 9.50 So I Love seeing this bed bath does look as if maybe this run is over. Um, yeah, this is gapping down before the low I'd be out of this play in this first big red day. I Mean clearly that's a trend change Green Day Green Day Green Day Green Day first big red day.

Obviously that is a change of trend. Clearly that's a change of trend I would have locked my profits in if I were long. remember I didn't trade this at all I would have locked it in and if it starts to turn its head around and rip again I would just re-enter It's that simple. but this is not a play that you want to get married to.

This is a play that if I was riding it up up I would have been out on Friday and if I was really aggressive which I don't plan on doing it this time, but at some point this year I think we should be aggressive about these pump and dumps. Um I would short this and ride it all the way back down. Currently trading at 352 I Think Bed Bath will be going back down to sub two dollars sub 1.50 Um, so you can make some decent money on this if you want to take on that risk because remember, it is tough to short those types of things. All right, the casino is now open.

Best of luck to all. Please play responsibly All right. Oops, Voice changer still on. Market's open.

What the plan is right here: I have a bunch of stories I have a bunch of videos I have a bunch of things that we're going to check out. Um I do want to. Okay, we have this: I Want to watch Alibaba here. We'll put Baba here for a second just because Ryan Cohen is now involved with it.

Um, so I think it might be worthwhile to see if Baba has any crazy reactions earlier this morning. then we can go back to Rum Um, right now, just so you know, 67 of you said you thought it's going to be a green day. Uh, so I just want to throw that out there. that uh, based on the the Goonie polls, two out of three of you, the person above you and the person below you think it's going to be a green day.

Well, you yourself think it's actually going to be a red day if I do any of my trades which when you don't know me, my first trades are going to be allowed at 10 A.M I just want the market to open up. kind of get that open volatility churn out of the way. Uh, but right now it's actually looking pretty green. Um, so we'll pay attention to Baba I Ida Baba Not doing the best so far, but in interesting play nonetheless.

Uh, with Bed Bath and Beyond it does seem to that it might be done. So so I'd be very very uh, worried about that. Be very very careful. Um Tesla moving.

What is Cohen's involvement in Baba We will cover that in a second. It is actually a little bit of exciting news. Um, some people are talking about Silvergate it reported this morning. Uh, it's up right now.

but this to me is a very, very toxic investment. Um, there's a lot of murmurs going around that this could run into serious regulation. uh, issues and regulator issues like such as the SEC Finra Doj uh, very much intertwined with that world of FTX and the crypto collapse I mean Silvergate For those of you who don't know ticker symbol Si reported earnings this morning? it's up right now. 17.

Um. but I would be very, very, very cautious about being bullish on this one just because we've seen so many crypto players recently falling and I don't believe that SI is going to escape that. Um, so I would be very very careful if anything if I had to play and I have no position any major. Pop I would just bet against s I um, but it's up right now.

Apparently people must have liked something and set it into earnings announcement once again reported early this morning. Um, but I just I Don't buy it for that long. Don't buy, Don't buy it. Don't buy it.

Uh, but a good gain I Don't think it'll hold as of now ape opened up up six percent Amcf 4.5 Jamie up two bed bath is Break Even uh getting a little bit of a pop there? Uh, the Spy a little bit flat. you have Tesla pushing Baba selling I Actually thought there would be more excitement in it, especially based on the reports that just came out about Ryan Cohen and Alibaba uh S.I big big Gainer but kind of selling off from that I don't think it'll hold that long. we have oxy going up I'm actually surprised Ox is not a more man Tesla is still moving Tesla tagging 127.50 the Spy perfectly fat, flat, choppy and open. uh, some people are talking about Bior it's up 7.5 This is still trash I mean I needed up at 100 just to get out for break even I Don't think Bior is going to end well for Uh for me by any means by any means by any means.

uh Microsoft Microsoft was down more in pre-market because it Guggenheim the analyst downgraded Microsoft I believe to his cell. Uh, but it looks like it's fighting back. After that, you have Apple. That's also pretty much break even.

It's very, very common for Apple and Microsoft to pretty much just track what's going on with the S P 500 because like they're just such Goliath of a company. Speaking of Goliath of a company I Want to reiterate how much I still like UNH as like a medium to long-term investment United Health Group it is speaking like it is truly a Goliath it's the biggest health insurance plan in the US A decent dividend. Um Home Depot I Want to throw this out there for just for people? Maybe not active Traders but more medium to long-term people. Really like what's going on with Home Depot Actually still really like what's going on with Microsoft I'm trying to think of any other other medium to long-term Investments Nvidia Really, really like Nvidia Just the state of the world right now.

Uh, these processing chips are so incredibly important. Uh, so I like that if you're looking for more of a medium term. if you're like hey, like, where do I see things going in 2023 um, massive massive fan of what will happen with bonds this year. Um, and I know that's boring I know when enter anyone brings up bonds and yields and all that good stuff.

Uh, your eyes gloss over because it is boring. It's not like a sexy thing, but I would rather be making money than doing something that's sexy losing me money. Um, so I'm actually very, very bullish on bonds this year. You could look at things like TLT uh BND I think is the other one, but there's a couple different bonds plays that you could get through.

ETFs uh TLT I think is going to be the most liquid one but I think that bonds actually will do well this year because I think yields are gonna end up coming down. Uh, because I think we're gonna stop hiking interest rates after the March meeting early Feb move We have a meeting late March we have one and then I think from there we're gonna Coast on our interest rates. Don't forget your oil you mentioned on Yahoo Yeah I Like Oxy I mean we talked about Oxy but just the energy sector. I mean you might like a different Energy play Uh I like Oxy just because I don't mind saddling up with Warren Buffett It's not like he's really wrong that often.

Um so I like energy energy I'm still that's more of an active medium-term trade I don't think I'll be holding that into 2024 I think at some point in 2023, I'll be offloading my energy play. Um, just to like kind of give you roughly a time frame. can you talk about Crocs We'd love to hear your opinion I don't know much about the fundamentals of croxbox it Happily, my lips are so chapped. I'm sorry they're like cracking it like hurts to speak.

Um I could do this. Lick bomb them. Shout out to Kruder, one of my mobs for putting this in there. She sent me this and it does work perfectly.

All right. Crocs Uh, that's going on the list. Um, actually, this is a great time. Please comment what charts you want me to do? A breakdown of this is uh, we'll I don't know.

We'll write down a list of like 10, 20, 30 something like that. Um, what charts do you want me to do? like? more of the daily chart breakdown of and give you my knee-jerk reaction comment. The ticker comment. The ticker comment.

The ticker. uh. end phase Apple N phase Apple um what else we have tilray Mullen Mara tilray Mullen Mara Okay, uh AMC your mom goes to college my mom's actually going to Florida right now Spy coin Tesla spy coin Um, someone did ask about Netflix add that to the list Netflix Roblox RV LX Roku I haven't looked at Roku in a minute. Uh, someone wants silver SLV so if I haven't checked out that one in a second.

BTC Okay, what else do we have wter Okay, okay okay all right I think I got most of them. That's a good list and obviously if there's more time I just wanted to get a list of what to see what your interest is and uh, we have Tesla to Tesla Tesla what's another popular one? Home Depot And we'll check out Oxy. All right. I'm just filling up my list.

All right. All right. All right, it is 9 38 so we're not even the first 15 minutes in the Spy selling off a little bit Tesla Had a great push giving it all back Bed Bath had a push giving it all back. uh, bonds actually going up.

uh what do we have on them Bed Bath we already have that one AMC push giving it back ape doing absolutely nothing. uh Jamie pushed gave it back trying to Push again. Um SI is still moving I would be very careful SI if you're playing it to the upside. Uh, please understand that once again is a very very active trade.

Be on your toes, get ready to cut the position if it were to move against you. Um, what else do we have moving is Baba doing anything today? Um, it's going to be hard think for things to perform if the dollar is selling like this. Just so everyone knows. Matt sounds like an airplane pilot.

uh, more of a rocket pilot. Yeah, Can you take a look at shaven? See what you reckon? Sheba Yeah, um Sheba Sheba Shiba Shiba Sheba Crypto's definitely been under pressure, but in the super short term, Crypto's actually been popping. Uh, we did get as high as almost 21.6 000 Bitcoin had a beautiful pop East got as high as 1600. Uh, but I mean it depends the time frame.

the short time frame. Things have been popping lately, but if you zoom out, we obviously have quite a distance to make back quite a distance. LMNOP is trending I mean LMNOP I I Hope it goes without saying that I am always going to love LMNOP like it's always just crushing it. Uh Voyager Updated their app with claim info for us.

Okay, we'll definitely check into that. Uh, can I admit the joke First plane when I actually went looking for the ticker. Well the medication I'm on for the pain is making it so. I cannot uh, think through training.

so I'm done for the day. Oh man. I'm sorry, Whatever you're going through that you're on medicine. But yeah, take a breather if you notice in yourself that you're not as sharp as you need to be.

Uh, don't risk losing money. just take a chill, take a chill day, watch some. TV relax, meditate, take a bath I Don't know. Get some bath bomb stuff a cup and handle on rum.

We can happily break down rum. Rum's been crushing it in the short term in the short term. In the short term, for those of you paying attention to the overall Market Please understand that the trend is still clearly bullish I mean ever since really? the sixth? the fifth of January uh, push and push and pushing. Uh, it'll be interesting if this can get above 399.

Uh, 400 watching that. But please understand I know in the short term it looks like it's trending down. but understand where we are in a larger term. When in doubt, zoom out.

It could give you a different perspective that could really, really help. So this might just be like a little bit of a morning dip. I Don't know, it could be a horrific sell-off, but I Just don't want you to all of a sudden be like crazy crazy bearish at this moment in time when in reality we're actually still pretty sky high relative to what happened over the past two weeks worth of training. All right.

Tesla I Mean thus far, Chop SI is doing well. It's the biggest gainer on my watch list right now 21. I'm interested in Alibaba just because of the new Ryan Cohen Disclosure and everything. Well there we go.

Um, the classic weird 941 pop classic bath bombs are too perfumey. Fun fact about me: I've only taken one bath with a bath bomb in my life and it was recently when I was sick and I had like a sinus congestion relief bath bomb. um I think there was like eucalyptus and stuff in it and it actually worked crazy crazy well. So uh, if there's any bath bomb creators on the stream right now that need bath bomb sponsorship, I'm your guy.

Um, all right. while we're waiting for these first 15 minutes to play out, a quick shout out to one of today's stream sponsors: I'm talking about True Training Group. A full trading ecosystem. They have a chat room, they have education modules, they do weekend specialty training courses.

They do trade alerts. There's many professional Traders over there. Check it out! Michael Edward is the head Trader Uh, he literally just dropped his opinion for the full year. So if you sign up right now, you're going to get that.

You get seven days for just access to see if it's for you for just three dollars. Uh, first name, email, phone, check it out pin to the top of chat in the description of the video. Once again, Seven day trial for just three dollars? No Auto upgrade or anything like that, see if it is for you once again Seven Days Seven Actual trading days, not just one calendar week. Seven actual training days for just three dollars pinned to the top of chat in the description of the video and if you have any questions about it, he will be coming on today around the lunchtime period that low and we're just gonna chop it up about what's going on in the market, what he sees anything like that.

So if you have questions, that will be a perfect time to bounce it off of him. but uh, shout out to Chew Training Group pin to the top of chat in the description of the video If You're looking to make your training a little bit more refined, a little bit more sharp, a little bit better this year. I Wholeheartedly believe this is an opportunity for you to take advantage of it for literally just three dollars. Uh SI Already coming back down? Uh I Let's see if this can make a run all the way back down to not being green on the day currently up just over 16 percent.

Uh, the Spy try to get a pop there at 9 41. let's see if it can hold Tesla High Volatility had opened. Uh Baba even trying to make a recovery there. Uh, Interesting.

Interesting. open. The Spy is currently break even on the day. You just have the markets really reacting to the mixed bag scenario of all these big banks that we're reporting.

Uh, so I See a lot of people spamming Bbig? What's going on with Bbig? Bbig is up 15, but it's also a penny stock. so please be careful. Hey, if you're in it, understand it's a full degenerate move. and I'm not necessarily against degenerate moves.

but I Also, don't actively trade Patty stocks Trading Penny stocks. The Edge is to be betting against them. Um, just generically. your expected value is positive by betting against penny stocks.

rather than betting on the success of penny stocks. Most penny stocks end up failing. not all. I'm not saying all, but I'm just saying generically.

if you're talking about a penny stock, you have to understand there's a reason there's a penny stock. If the market price is something at less than a dollar, it's the market. The entire Market living breathing organism is telling you that that particular security is nothing but absolute trash. So please be careful.

Might be a great active trade. I Mean it ran from 68 cents all the way up to 78. That's a big percentage. Again, you can make big money.

but understand, penny stock land is for people who are very, very active, not people who are just like investing and checking back in a couple days. All right. So on sheep. you also want the five day moving average.

Yeah, I'll add that five moving average. We're gonna do these chart reviews and breakdowns when things just like quiet down a little bit because right now there might be some nice movements that we might actively want to trade on. Uh, I Got most of my wealth on penny stocks during the bubble I Mean no high volatility? You can make a lot of money I Just whenever we're talking about this type of stuff I Know that there's different people tuning in and tuning out. Um, so I Just want you to know there's a big difference between penny stock active High Volatility trading Like actively trading and then investing.

There's a big difference between arbitrarily buying Bbig and arbitrarily buying. Microsoft Um, big big difference can you make a lot of money on? Penny Stock Yes. I Personally know people, many people not. I shouldn't say many I know a handful of people who are penny stock trading millionaires.

I Also know a lot of people who blew up their accounts trading penny stocks. Um, so it's like anything in the market. There's a lot of ways to play this game and I'm not saying my way is perfect I'm just saying understand the particular game that you're in when you're playing a little sub game I Have an itchy butt Well I Hope you can get that resolved, but um, that's not really going Burr I Would love for it to go Burr but it's not really moving too too much today. Uh, we have Tesla of four percent.

Tesla In terms of Blue Chip Like large cap stocks, Uh, Tesla seems to be the main mover today. How's the dollar looking? We should check in on the dollar. The dollar is going to the downside. Um, dollar showing weakness.

In fact, it's below 102. Remember, the lower the dollar goes, that is at least at this current moment in time. Uh, suggestive of a bullish action in the S P 500. So remember the dollar and the Spy move inversely as in the opposite direction.

Uh, in the current monetary policy regime. Tiger in Tallgrass looking for a slow animal? You know. Honestly, that's a pretty good metaphor. Like that's pretty accurate to like what you should or shouldn't be doing.

All right. Uh, remember, we are officially at the start of earning season, so over the next couple weeks, next two, three weeks, we're going to be talking about earnings on a daily basis because that's inherently what's going to be moving the market. Uh, why do stocks sometimes not match the price during Market hours between different platforms? Um, you might be getting delayed data, but any good platform, they will match. Like if I were to check the price of an equity or like let's just say the Spy or Tesla or whatever.

Microsoft on TD Ameritrade interactive brokers, uh, and tradestation, it would all be exactly the same. Um, sometimes there's really shitty platforms out there that give you delayed data or it's like averaging data. like if you look at Robinhood Um, they're averaging data over short periods of time instead of giving you the exact tick value. So basically, if there's a discrepancy, there's a good chance that you either have delayed data or just a really bad brokerage.

Um, but remember structurally, how this is set up is the exchanges or I guess the other way to really think about it. Most of these brokerages are just showing you the price that's currently going on at Citadel because most of these are doing payment for order flow and they're directly connected. So you're basically just seeing the price that the liquidity at Citadel the um Securities is currently offering. Remember all these brokerages, They don't set any prices, they're showing you the prices and they're looking at the lip markets They're like.

Well, most of them aren't just telling you what's going on at Citadel because most are selling their order flow straight to Citadel. But they're not good. There's not going to be any large deviation unfortunately. I only have two gigabyte motherboard video I need to upgrade so I can play most video games you would please look, uh, prep for a breakout.

Okay, hang on, we might have to check Sheba A little bit early. Looks like there's some exciting stuff. Sheba What's going on in the world of sheep? Sheep Sheep sheep sheep? All right. So Sheba Oh no.

This is a classic bull pennant. Um, so bull pennant also known as a like, just kind of like this flag looking thing. So you have this flagpole. lower highs, higher lows.

It's a flag. It's a bull pennant is the actual name. These commonly break to the upside, not all the time, but what you would want to do is track. uh, the kind of triangle that we have going on.

Um, so nice flag pull and then you have this pennant and you're looking for the breakout to the upside and hopefully the hold of it once again. This does statistically favor the Bulls but it doesn't favor the Bulls 100 of the time. So I just want to be very, very clear about that. But yeah, no.

Um, this is at 0001 which is actually quite the downfall of where it used to be. but it's definitely picking up. I Would definitely recommend offering or I Would definitely recommend being cautious just because all the recent pops ended up going very poorly. Pop: Drop Pop Drop Um I wouldn't just arbitrarily chase this and be like oh no, like it has to work this time.

Uh, because all the recent ones have ended pretty freaking poorly. But yeah, no, this is this is looking strong. I Mean that's quite a percentage gain. It's still holding in strength.

We know the crypto Market's been strong. um I believe Brandon was asking for the five moving average. Uh, so let's just check this out. hang on.

I have the nine up right now. No I wanted inputs. All right. we'll look at the five.

So basically just following it is on the top side. Um, so it's pushing. It's nice I don't really use the five and I don't necessarily like dislike it. Um, it's just because not many other people use the five.

and whenever it comes to technicals, you want to be using what most people are using because that's what the market is reacting to is what the majority is telling you. Um, this is the four hour moving average. It's definitely showing strength in the short term. Like I mean it's kind of hard to deny that this thing is definitely showing some strength on the sheep chart.

um I My only like just to not be completely biased is just be careful because all the recent pops did end poorly. I Hope this is a change of tune I hope that this is the time it looks different because you have a nice pop higher lows it's swinging around I mean I'd be looking at this breakout level or even the break of the top Trend Uh I see strength um I I own sheep still I Don't like it to the point that I'm just going to invest more like I'm definitely gonna wish for its success because I would love to get back to break even. but actually I think most of my sheep is on Voyager So I don't even think I could do anything with it. actually I might have some on coinbase I'll have to look into that.

but yeah, Crypto showing some strength for sure. Uh, the market. Potentially a cup and handle set up. Let's see if it can get back above three, the high 398s or basically 3.99 That's a big breakout level.

Big big breakout level and uh, it's almost 10. so in seven minutes I can start doing my thing. Uh, if you're looking, if you're bullish on the market today, you're looking for the dollar to continue to sell off. You very much want the dollar to continue to sell off.

Oil is ripping. Oil is now at 81. Oil is Rip City Wow. Holy guacamole.

Batman Ever since 3 A.M This morning, oil has gone from 79 to 81 in. Barrel Oils move and moving. Moving so should be good for companies like Oxy, just not. We're getting a very muted reaction on Oxy.

A little bit of a discrepancy there, but still bullish on energy. Still bullish on oil. Looks like the Spy is about to rip look like the Spy is about to go full rip city. Uh rum coming back Microsoft Looking good apple looking good? S I bleeding off? No surprise there I very much believe that it'll continue to bleed off.

uh. Bed Bath I I Think bed bath might be done on this particular push. Of course there could always be another dingy ding ding ding. The Spy just hit a new intraday High we're taking out 3.99.

yes, that is a resistance level. that's pretty much the high of Friday And really what I want to see is the reaction to 400 key technical level, key psychological level. And then if we were to break above that today, I would then be watching just above 402. Clearly the trend is bullish as of now.

as of 9 54 a.m on Tuesday January 17th In the short term, things are looking Bullish Bullish Bullish. Bullish. Bullish Bullish. Bullish.

Alrighty, alrighty, alrighty. And I have my stuff prepped up. Uh, let me just see. I Just want to be ready for any trays that I need to make which it doesn't look like I'll be making any soon because we have quite a bit of Chop and um, just some of this strategy refining I've been doing lately is a bit more conservative to avoid said shop.

and what I mean by chop is the fact that we dumped and then quickly made it back. Um, we learned this lesson I Want to say on Wednesday of last week where basically the strategy told me to go long at the new intraday high and uh, it got completely blasted on that. So uh, the new rule. Uh, it was on the day that Biden was speaking.

so it was on the day that the CPI came out. So it must have been Wednesday of last week. Yeah, um, so one of the rules of the strategy is if it's you're at an intraday high, you're not allowed to go along. If you're at an intraday low, you're not allowed to go short because you shouldn't be buying tops and you shouldn't be shorting bottoms.

So even if the strategy were to kick off right now, uh, well. I'm basically trying to say that it's not going to kick off right now because it's not going to go long on an intraday high. But also, even the the chart setup is not there for my strategy. Um, there's obviously many, many strategies out there and maybe there's some awesome ones telling you to buy here.

But buying at resistance? um, uh, this track is I've just gotten eaten alive doing it and the times that it does work out, it's not a net positive expectancy. so I just avoid it at this point point. Uh, take care Sensei Uh, feel better man. Butt stuff I Love you bro I Love you butt stuff.

Okay, don't get chopped in the chop I Agree I Agree I agree. Oh, if you haven't already, I would kindly ask of you. Um, make sure you hit that subscribe button and make sure you hit the like button. Obviously, if you enjoy this content stocks options Futures Crypto breaking news just messing around pokers Sports Bets this is the place for you to be.

Hit the Subscribe button. Make sure you're subscribing on both Rumble and YouTube I Know it's knowing to remind you, but I've seen it when I remind you there are new subscriptions so if you have yet to subscribe, this is your moment to do it. Subscribe on both especially Rumble And if you haven't already um, it would very very much help me out with the rumble battle leaderboard if you drop a like and then on YouTube It very much helps with the old the old algorithm. so if you haven't already, subscribe like, this is your reminder.

Thank you thank you thank you I Truly appreciate it you guys! I I Never really need money from you at all but that type of Engagement is 100. well what? I'll ask for because I guess I View it as as the likes and the subs and the views go up I Get to continue doing this by demanding a higher ad rate. Um, so it's a win-win I Get to keep doing this content Absolutely free for all of you. Uh, you guys don't have to spend money.

just the like in the sub is really all I ask for and also the Good Vibes The Good Vibes doesn't necessarily impact the money. Enter the money out. Uh, but I think Good Vibes are always a solid win. Good Vibes Good Vibes for the win Blue Apron Short squeeze is Blue Apron moving I forget the ticker for Blue Apron Blue Apron Uh no no, does not seem to be a squeeze.

might turn into one but doesn't really seem. It actually looks completely horrible. Yeah. I Know this looks like this chart is trash I Don't want to be stepping on your dreams or anything, but that is not good looking.

That is not a good looking chart by any means. Uh, let me check in on my stuff. Uh, no, nothing to be done. Uh, the market internals are neutral leaning.

a little bit bullish just so you guys know for the overall. Market If you're looking at the spies, the cue the Russell um. neutral with a slight bullish flare to it. I would argue a swipe a slight bullish flare.

What else do we have? What else do we have? What else do we have? Should I have gotten to Davos I'm seeing all these big news reporters there. they're at the Davos for the World Economic Forum Wef um Kimberly that's so nice of you I appreciate that. Thoughts on: Goldman Sachs Earnings not good um I still I think this is a red year I Want to be very clear of my opinion for the overall Market This year I Think we are not going to perform actually I think I don't want to be like a D-Day caller of like oh my God Horrific. Absolutely horrific.

Uh but I think it's gonna be bad. like I don't think it's going to be bullish by any means. Um I think there's going to be a lot of volatility. So for active Traders it's an opportunity to make a lot of money.

Um, but I don't think this year ends green? Uh I I Really? just don't Looks like we might be getting a cup and handle play out. Look at that. uh, we just we're fighting at 399 classic Cup Classic Handle the breakout and look at this continuation. Look at that big volume volatility pop.

Uh, that's looking nice look at that. Oh ripping Ripping. Was there some sort of I didn't think there was an extra report today. Was there some sort of good report at 10? I mean geez.

I didn't think there was anything. Yeah, nothing was scheduled to come out. Uh, but I don't know. Maybe just arm like just by coincidence.

Perfectly happened at the 10 a.m hour. Uh I don't think there was a report, but that was a bit. I mean even look at the volume that came in on that. That was a huge like we almost tapped the first minute volume.

It's acting as if there was a report. That's interesting. Hang on. Let me just double check to make sure we haven't missed any Uh reports.

Hold on. Hold on. Hold on hold your horses. Hold your horses.

uh ECB May option for 25 bips I can Mark after 50 bips, move in February Okay, so that just came out. So the European Central Bank just made some moves so not necessarily stuff going on in the US. But obviously when you have um, big movements in Europe, it's going to impact our market so early this morning you had the Canadian CPI cam come in and it actually came in pretty cool which was good, lower than expected. And then you have the ECB the European Central Bank which is basically equivalent here to the Federal Reserve.

So that's their Central Bank in Europe we have our Central Bank the FED um, the fact that it came in uh for a 20, the ECB May opt for 25 bips, hike in March after 50 bits move in February uh. so the fact that they're coming in a little less hawkish. still hawkish, but less hawkish. starting to lean dovish.

Uh, the market really like that. That was reported at 10 A.M and that's exactly what led to this big pop right here. I would assume that people are, um, they're playing it as if, well, if Europe's doing it, maybe the US will do it. So they're kind of hoping that the Ecb's movement is telegraphing what will happen here.

Um, you have Tesla Moving on the news, you have Bbby uh, magically looking alive coming back after that which is crazy. Uh, so it looks like we're gonna have a pretty exciting day. Um, you have rum holding at 950 key level S I slowly bleeding off? Uh, we'll return to that. Bbby is now up seven percent.

How is Baba doing? I'm still curious on what Bob There we go Baba Starting to finally move I Was actually very surprised that it didn't have this type of movement already. but um, now all of a sudden you're having the market react very positively. Look at this. we're ripping up to that key Technical and psychological level on this buy at 400 exactly Bitcoin at 21.3 K you have Ethereum just below 1600.

Uh, things are looking strong like I said earlier today. Uh, we're lean and bullish the cup to handle the breakout. The market internals let me check on them for you are still neutral leaning bullish. obviously leaning a bit more right now.

Um, this in the short term. If you were to ask me like, okay, if you're leaning bullish, like is this something to be bought I would wholeheartedly argue no, you wait for the pullback, don't just buy the Ripper wait for the pullback. You're probably gonna get a feel better than 400. and if you don't, if it keeps ripping, okay, you don't have to take every single trade in the market.

the Market's going to be open tomorrow. But in terms of risk reward, if you go along here, your best risk or your most reasonable risk your closest risk is 398 37 There's no point in an intraday trade to be risking a dollar sixty wait for the pullback. Don't buy it at resistance. Don't buy it after a big volume.

Ripper Like It's one thing if you were already in on this move great like and I hope it continues to Trend in your favor. But if you're thinking oh man, like should I be chasing this, Do not. Chase I mean I have literally live streamed to all of you losing tens of thousands of dollars by chasing. Just don't just wait, just wait for the pullback.

It's it's if it doesn't happen. Okay, it wasn't meant for you and most of the time it does happen and you can get yourself a better fill. Chasing is the best way to blow up an account. It really is chasing and then not respecting your risk and reward.

Risk to reward. Which I would argue like chasing means you're not respecting your risk to reward because you're taking on too much of a risk. So really, it all boils down to what was your risk to reward. Um, but chasing I would say is like a sub point of it of how you could get taken to the wood chipper of taken to the wood chip.

Oh look at that, it's past 10. AM Which means it is time to stand up everyone. Let's burn a couple extra calories. Let's give our lumbar a little bit of a stretch here.

Oh folks, that's looking good. That's feeling good. Looking good. Feeling good? Let's just stretch it out everyone.

Team: Stretch: Whatever you're doing. if you're sitting right now, if your manager's yelling at you, tell them to stuff it and tell them you just need to take a bit of a stretch. Everyone, Stand up. It's not good.

I'm I'm worried about everyone's cardio Health in here, but I'm driving. That's all right. Pull your car over and stand up or stand up in your car if you're talented enough to do it both simultaneously. Um, Dixie is going up as well.

Well, that makes sense, because remember what is the dollar dollar? The Dixie index. That's a measure of the USD versus other competitive currencies. Mainly, it's the Euro. There's a little bit of the Yen in there.

There's a little bit of a the pound in there in decreasing order, but it's mainly against the Euro, then against the end, then against the pound, then against some other that no one really cares about. Um, so think about what just we were just told. We were just told that the ECB the European Central Bank is thinking about being less hawkish. I.E a little bit more dovish.

which means that that actually could kind of on a relative basis. That means that the Euro is getting stronger against the dollar. So it makes sense in this scenario. And that's why when I talk about the correlation between the market and the dollar, you have to know what's moving the dollar.

Most of the time, we're not getting news out of Europe. So the dollar is just either going up or down because of the Fed's decisions here. and that's the inverse quarter. But sometimes the dollar is moving.

Not because of what's happening in the US. It's moving because of what's Happening either in Europe Specifically Britain Sometimes sometimes. Uh. Japan So the news that we just got the Dollar's not moving because of developments here.

It's moving because of developments in Europe And those developments make sense on the dollar right now. Um, you're seeing, um, a strengthening in the dollar relative to our competitors. Also, with the market pop this particular one and that's why I Say there is an inverse correlation, but it's not the strongest correlation because you have to know what's moving the dollar. Index And in this scenario, you're basically seeing a less haw