Published: Sep 02, 2024
Duration: 06:34:15
Category: Entertainment
Trending searches: gme
e e good morning folks good morning folks how are you guys doing so listen I just want to get you guys on the screen here right away before uh open we've got uh about 40 seconds before Market open so uh I want to say good morning let's get this through this wol freak getting the day started off right first first like batches all right folks so strap in here we go so 30 seconds [Music] [Music] all right chat so gme starting the day Up 3 and a qu% so look our 2440 indicator Target is about to get triggered so watch this chat we're about to hit that 24 40 indicator Target that I had mentioned weeks and weeks ago when we were looking at this long opportunity back down here that was our first indicator Target which is going to net you a 30% trade shout out to Jackie man Jackie making sure that the gme team always eats always buying the bottoms of gme always buying support always teaching people how to make a shitload of money let's go gme let's go so yeah gme currently trading Up 3 and a qu% on the day 2414 so a lot of the things that we discussed in the video um from I guess Friday and uh and yesterday so again the one of the big discussion uh talking points was the daily Ballinger bands and how you were resting right at the top side of them and then you could also notice that we were right at the daily 50 period moving average so we kind of figured that those two points would be some hard resistance and you can see with this morning's Gap up right with this morning's Gap up you've actually exceeded the daily Ballinger bands right so if that 2440 indicator Target gets tagged I really would not be surprised to see this try to come back and fill a large portion of that hole that it left from this morning's Gap up right and again it's all just because of the technicals right because we don't want the same thing that happened here to happen here right we don't want it to exceed this Ballinger band and then just sell off right and we don't want to just see it exceed this Ballinger ban and then sell off right that would obviously be uh the worst case Ontario right that would be the worst case Ontario so that's kind of what we're paying attention to here uh at the beginning of this week right was the daily Ballinger band and the daily 50 period moving average so that once again continues to be uh a large major majority of our Focus for the start of this week all right that continues to be a a a big Focus for the majority of this week is going to be watching how we continue to react to the Daily 50 the daily Ballinger band upper band and then seeing if we can push off of that but today I don't anticipate too much more than kind of what we've already done here this morning I know that'll sound like a little bit of a bummer but it's only because like from a technical perspective right we don't really want to see price outside those Ballinger bands because every time that it goes outside of it it always has hesitation or a big selloff that follows right you can see we exceeded the band here that was no bueno you can see we exceeded the bands both right here that was no bueno we exceeded the bands here that was no bueno we exceeded them here that was really [ __ ] awesome right because that was our beautiful long trade you exceeded them back here this led to four to 5 days of consolidation before obviously that big gap up and this is kind of what I was anticipating seeing right early this week this is what I'm kind of anticipating is seeing some of this consolidation similar to what we saw back here when you exceeded back in back in back in Boop back in and then two big massive candles from the cats tweeting right so that's what I would like to see but I mean ultimately at the end of the day if gme just starts exploding from here I mean nobody's really going to complain but from a technical perspective the best way to see gme and for all of us to kind of make the most amount of money and to uh I'll say what's the word I'm looking for and to um what's what's What's the phrase I'm trying to look for if we're trying to maximize the potential gains that we want to see gme consolidating here would not be the worst thing because then it allows things to cool off a little bit and then we can continue on our way up and nobody's any less for having watch gme just fumbled and bumbled around for a couple days and doing nothing right I mean we watched it do nothing for literally what felt like [ __ ] 2 months so we'll see how gme reacts so you guys can obviously uh see that gme is currently resting at its high of the day and it's within 15 cents of Jackie's first indicator Target at 2440 so you are within 10 to 15 cents of Jackie's first indicator Target at 2440 so I feel pretty confident that we're going to get there chat I feel pretty confident and gme now Up 3 and 1/2% on the day gme Up 3 and 1/2% on the day not a ton of movement from a lot of other stocks in the market that I'm just noticing uh let me just quickly run over to spy and see what's going on so spy selling off here at the uh opening bell below that golden pocket of support that's not good the vix is up 6 and half% also not great the bonds are doing really well the bonds are smoking hot this morning morning the bonds are smoking hot this morning huge gap up over one and uh 1.15% all right so gme indicator Target achieved okay so our first trade setup on gme has been triggered all right our first gme trade setup has been triggered we have now officially achieved the full profit Target okay so you guys can make choose to make a decision right sorry just got to update everybody in the Discord just make sure everybody's aware so first indicator Target and 30% trade has been achieved chat so congratulations for those of you that followed me on gme at the very beginning when everybody was laughing at us telling us that gme was going to die because of the market crash on Monday congratulations guys congratulations that's the easiest 30% trade all right so 24 uh 2430 for gme here up 4% on the day chat so now the next indicator Target is 2535 again we have a focus on gme's daily seeing how it reacts to these Ballinger bands and the daily 50 but there's no sense in arguing with the fact that gme is relatively healthy to start this morning's session all right so we're looking good we're looking pretty good uh just noticed on the corner of my screen SYM is deep in our zone now SYM is deep in that golden pocket zone so this is something that I'm going to be looking at adding to a posi or excuse me taking a position on right I'm going to be looking at taking a position on this thing but again we don't want to just catch knives so rather than just randomly jump into this thing we're going to wait for it to give us signs of a reversal or at the very least so show some consolidation cuz this thing has gone literally straight down for the last several days and arguably for the last several months so rather than catch a knife we're just going to be patient and wait to see how it reacts to this golden pocket zone gme is doing some beautiful things here chat gme just touched 5% up today so let's check in on the flow we haven't checked in on gme's order flow so let's checking on that so gme options flow why is this thing [ __ ] stop it all right so gme's order flow is insane it is insane somebody is loading 20 strike calls chat somebody is loading the tits off of 20 strike calls here chat holy moly so somebody loading the absolute beesus out of 20 strike calls here with a plethora of different expirations holy cow chat look at the premiums already is that real that that can't be real no that number has to be fake there's no way that that's real Let me refresh this one second there's no way that's real there's no way that's real yeah I was going to say there's no way still 4 million in bullish premium to start the day and look at these orders chat they are flowing in hot and heavy 20 strike calls just blasting wow they are they are hitting that [ __ ] somebody loading the absolute beesus out of a bunch of different 20 look at this chat the 20252 strike calls have $1.5 million in premium already look at that $1.5 million in premium on the gme 20 strike calls for January of next year holy Toledo that is not [ __ ] around that is not [ __ ] around chat holy cow gme is just doing some wild [ __ ] here to start the day holy moly holy moly chat we are having a blast here to start today we are having a blast here to start today look at the volume Jesus Christ chat look look at that volume on the fem minute time frame that's some of the biggest volume that we've had in weeks that's some of the biggest volume that you've had in weeks that's very significant chat gme 2450 gme 24 50 up 45% on the day here chat holy cow let's get to that next indicator Target and let's get to Jackie's full uh second profit Target so let me just ask the chat box while people are here let me ask the chat box how many of you remember when we talked about the long trade off of this TD sequential 13 count and this low candle from the market crash Monday right how many of you guys remember me very specifically outlining the idea that gme was likely if it did break out to get to the macro point5 Fibonacci at 2540 how many of you guys remember me very specifically calling out that specific profit Target no the volume is cracked there's no doubts about it this this is really really really really [ __ ] positive chat like this this is Mega positive like you are you've got all the secret ingredients you got all the fixings this this thing is ready to go yeah I mean gme looks absolutely beautiful here can gme make a new high the day here chat gme almost 5% up on the day gme almost up 5% on the day this is cracked bro gme the volume is insane the the volume is actually [ __ ] cracked all right I got my Starbucks I got my sbck coffee I got my sbck coffee so uh how how was your guys' weekends man how was your guys' weekends all right so wolf is the only one that's got it got us started off so far today so thank you wolf Rick I appreciate that my man thanks a lot bro bro appreciate you wolck you have your girly matcha Starbucks drink I don't I don't I'm not the one that drink matcha I I don't like matcha but I do have my ultra gay uh mocha with no whip so you can make fun of me for that one if you want a mental health weekend boy do I hear that one first day of school for my son very emotional day to say the least let's go Jimmy boy congratulations it was more for me than you to be honest and Deanna Bernett with the five gifted memberships thank you you [ __ ] Legend all right so we're starting the we're starting the week off here pretty good chat we're starting the week off pretty good here no uh no real complaints for me no real complaints for me gme up uh about 4 and a half% here to start the day gme about 4 and a half% here to start the day wow we have 1.5k people watching who that's pretty epic a bright and early Monday morning stream for your asses hey pretty pretty neat so as far as small cap stocks that are moving I don't really see a lot um yeah in fact I don't really see anything right now uh I see tto O's down another 5% [ __ ] you okay gme coming down just a little bit here gme coming down just a little bit I wonder if there might be something harmonic here let's just look survey says well if it is it's got a long way down to go that would be balls that's probably too low but that one's okay well let's hope it doesn't get down there that would be balls we'll see we'll see we'll see we'll see we'll see the extension numbers clean I I mean this thing looks pretty good not going to lie I don't really see much of a bull flag structure anything going on there so not much to say in that aspect gme is still up 2% on the day the market is uh not really doing too much not looking great the first initial impressions of the market here is it's not looking great to start start the week but uh in about 15 minutes we're going to get some data here so in 15 minutes if you guys didn't watch the uh weekly recap video last night so we are going to have uh manufacturing PMI data here in 15 more minutes and that data is definitely going to move the markets especially if it's bad data if the data is bad or comes in weak or it signals that there is likely a recession uh in the US about to take place you guys can anticipate that that data set if it's not good is going to move markets really hard and really fast so get ready for the next 15 minutes here so at about 8:00 my time 10:00 Eastern we're going to get that manufacturing data all right uh gme ticking back up above 24 gme ticking back up above 24 where do I want to pull a fib probably from that low so let's just do that because I assume that there's a 236 right there hey yeah there is and that's right what we bounced off of okay so then that's important to have marked up there we go all right Perfect all right that's a that's a beautiful bounce on the one minute there guys that's a beautiful bounce for gme on the one minute you are seeing a steep decline in the volume here to start right you're seeing that steep decline in volume checking back in on the uh options flow for gme let's see those 20 and now I'm seeing some 22 strike calls I'm seeing some 22 strike calls also unusual Wales man holy [ __ ] this thing has got to get its [ __ ] together [ __ ] me dog those premiums are cracked it looks so good big trades man big big trades big trades to start this morning all right am I from Texas I'm from the Canadian version of Texas I'm from the Canadian version of Texas ffi is down again is it let's check in on ffi holy Toledo this thing is an actual [ __ ] piece of [Laughter] [ __ ] so ffi e where's lunar at lunar almost filled its Gap that it left not quite but almost uh what about Maxon o Maxon that's a big yikes dog that's a big yikes I warned people about this [ __ ] turd stock that's all right go go whoa what was that what is that constant cawing that keeps happening we heard it yesterday too I don't know what that's all about uh I grew up in Calgary but I don't live there anymore no I don't live there anymore but I did grow up there yeah I did grow up there Calgary is probably one of the fastest growing cities in the world in Canada it's certainly considered one of the best and fastest growing uh cities in the country the wife and I were actually having a discussion about this last night you know uh Edmonton and Calgary are probably two of the the the main cities that a lot of people are really looking to uh immigrate towards because you know Vancouver too expensive beautiful beautiful beautiful place but too expensive Montreal Quebec City you kind of got to speak French so that's kind of a problem and then you've got Toronto which is turned into [ __ ] Gangland and then you've got Ottawa which is okay but Ottawa is more like I compare Ottawa to like Washington DC and then wi Winnipeg nobody wants to live in Winnipeg and then everything on the east coast is too small in terms of metropolises so I think Calgary and Edmonton are two of the best cities in the country Edmonton just between you and I not a huge fan of Edmonton but uh I I love Calgary yeah HFA is a good one actually HFA isn't bad I can get behind Halifax Regina Regina is uh yeah Regina yeah why not live in the real life Gotham that's a good one I can get behind that I I can feel you on that one I can feel you on that one my [Laughter] boy that's a good one so we could have a gartley could argue that that gartley has actually completed and you could argue that this is like the back test of said garley that'd be kind of cool I'd be all right with that uh part of the reason that you're just not really seeing gme push up here is because the Spy is selling off guys literally from the opening bell spy has sold off almost two bucks after already gapping down almost four so you're almost down $6 from the high of Friday look at this you're almost down $6 from that high that we made on Friday and now look at the vix hey look at the vix the vix continues to test this Golden Cross this is this is wildly important the vix continues to just ride this Golden Cross and test this and now look at the Spy Guys the Spy is [ __ ] [ __ ] its pants the Spy is just getting [ __ ] crushed all right GM so gme does have this little harmonic gartly it's very very very small so it's hard to say if this is really going to work out but it does have the completion of it and you are right at the 236 so we would look for this area to act as support again the only trouble or the only issue that we're really kind of running into right now is the fact that spy is getting its ass kicked and because the Spy is getting its little funky ass kicked that means that rty is getting its ass ass kicked too and with rty getting its [ __ ] [ __ ] kicked in right now rty is actually breaking kind of this trend line here and you could actually argue that you've got like a complex inverted head or excuse me just a complex Head and Shoulders here you could totally argue that now that neckline is absolutely horrendous and I hate Head and Shoulders that have neck lines like that but that neckline would take you all the way back down to 2126 on rty and that would be really bad and if rty continues to go down it's going to be very difficult for me to see gme make a little reversal here but I will say it's got It's got this little thing going on here you got you got you got something going on here there's some sort of trend line there's there's something that's trying to be broken here this it's I want to see that volume start to tick up again but gme is just showing excellent strength here guys gme is showing excellent excellent strength here now again we are outside of those Ballinger bands so we are making a little mental note about that right just to say okay right we know that it's outside of that Ballinger band we know that price action likes to stay inside of the Ballinger bands so we are aware of that all right but gme is showing a lot of strength here today gme is showing a lot of strength here this morning the rest of the market is not look at spy here guys spy is just in straight [ __ ] mode spy is in straight [ __ ] mode wow gme chilling we're chilling at these levels up about one and a half to 2% so we're doing all right here guys nothing to ride home about or get upset about but we're doing okay what about Good Old k toown Colona I wouldn't really call it um I wouldn't really call Colona a city like a metropolis you know like I wouldn't say that uh Colona is comparable to like Calgary or Vancouver or Edmonton or anything like that but just between you and I Colona is one of the most beautiful places in the entire [ __ ] world it's it's a beautiful beautiful beautiful beautiful city you're going to B next week nice job dley says 83 % thank you and [ __ ] off iwm nice job way to go is spy just Nvidia well it's Nvidia Google Microsoft Amazon Tesla and I'm for and Nvidia and meta that's the other one and Apple so that's pretty much the bulk of spy but yes it's fair to say that Nvidia is basically the leading driver as to why the Spy has made the historical run that it has over the last two years so that's a fair assessment to say all right so everybody including the market here is waiting for data so we've got uh four more minutes until data chat four more minutes until data you guys are saying that the PMI already came out Is that real oh there's the manufacturing data right there okay so I guess it came out 11 minutes ago oh so it's basically right in line it's it's perfectly in line so that that won't have a huge impact on the markets one way or the other that data set shouldn't have too much of an impact it's not great but it's also not bad it doesn't really say one thing or the other it's borderline right in line with what they wanted to see which is that's technically a good thing it's good when they see that data set uh line up with what they were anticipating so that's actually a generally positive thing all right gme is still sitting at these levels again look at that steep decline in volume he look at that steep steep decline in volume so let's see uh if uh spy and rty can start catching a bid now off of that data set let's see if the spy and rty can start catching a bit off of that data set we can see that the vix is an absolute rocket ship right now up nearly 10% gme still resting up at about 2% resting right on this 236 Fibonacci level I'd almost like to do this and then this there that makes me feel a lot better about that there we go perfect all right so don't know that I'd call it a flag but you do have some sort of constrictive structure here not much uh going on in the dmis or the RSI right now not much to say about that thing for now Sim still resting inside of that zone so that's good to see wolf chilling ttoo chilling bgfv chilling route down 3.8% so rout just right back at that macro point5 Fibonacci again so I setting a little alert here Grove half a percent green KSS is doing all right afm's doing all right guys it's a it's a blood bath here to start it it is a flat out blood bath to start today Billy just randomly caught a candle out of nowhere this thing was went red to Green here by a decent chunk and then enax is just a runner here enax has had a great last couple of days enax look at that 20% in three days not bad spy big bounce off of that low spy big bounce off of that low so so far the market is reacting generally positive to that data gme not really a whole whole bunch going on here guys everything looks sad today everything looks sad today so it's just a matter of just being patient just be patient uh RK lb did not complete that harmonic structure yet it's close but it did not complete it yet L Jackson was asking about lack waiting for that back test to this Zone not really too too much to say about this thing whoa spy big [ __ ] from that rip there spy huge huge huge huge whoa whoa whoa whoa whoa spy with a $1 candle down spy with a $1 candle to the downside here whoa Market what is up right now dude the market Market is not happy today Market is not happy gme is gme sure is but uh we're chilling for now good good gracious good gracious we going to get our three and a half% move on day [Laughter] one ISM Manufacturing data all right Walter give me the data here here all right so here's our ISM Manufacturing data so ISM Manufacturing data estimation was 47.5 it came in at 47.2 so perfectly in line ISM Manufacturing prices 54 versus the estimation of 52 that's okay us manufacturing new orders 44.6 versus previous 47.4 that is a very significant drop in New orders that's very significant ISM Manufacturing employment 46 versus 43.4 that's a big uptick in employment so the market theoretically the people should like that because that is going to be suggestive of interest rate Cuts so I don't I don't know that the market is actually going to react negative to this this is relatively decent data this is kind of what the FED wants to actually see to um suggests that they are going to cut interest rates so I I I actually don't think that's bad data I I don't think that's bad data at all that's actually reasonable for what the FED wants to see for quote unquote their soft Landing so that's not bad that's not bad you are seeing the market react relatively poorly to it for now but again part of that comes off of the back of the fact that the Spy is down over $6 from the high that it made on Friday so we're just kind of in this moment where it's like a wait and see you know we just got to wait and see how the market you know the first initial like 5 to 10 minutes worth of reaction is often times just repositioning so we'll see we'll see how that goes all right but uh so far everything looks fine everything looks relatively fine Market spy is right near another new low of the day here good job Koshi except except if the real economy is bad than hard Landing what's the difference between a real economy and a not real economy is there a difference are they are they the same thing what was was happens big boys aren't happy because of Labor Day and they hate their slaves having a day off so they're in a bad mood nice that was a good one consumer staples still looking good yeah so that's like your Costco of the world right so checking in with the Spy sectors it's literally just Consumer Staples Consumer Staples is the only good one so far and then of the worst performing ones right now it's tech building materials and energy as well as Industrials wow so a lot of the manufacturing stocks are getting [ __ ] crushed so you're building materials and your Industrials plus your energy are getting [ __ ] creamed and then checking in with our stock so Nvidia is down 5 and a half% wow goodness gracious Nvidia Nvidia down 5 1.2% that's a good reason as to why you're seeing the Spy kind of push down oh gosh the Spy is really breaking down here the vix is still staying elevated gme is not really moving a whole bunch you're seeing the decline in volume just die right off let's check in on gme's IV so gme's imply volatility is now at 110 so last week I think we peaked out at 100 and now we're currently resting at 110 109 so that's a huge increase in volatility given that just I think two weeks ago we were at what 70 something is that right chat does that sound about right does that sound about right I think so I think that sounds close how often is that data released I think once every month I think it's once every month construction spending came in at Min -.3 versus plus1 estimated it hit high 60s all right thank you yeah so we we did see the IV crank up quite a decent chunk let's check back in with the flow on gme Wow there is so much bullish premium here this is such a great start to the week again gme is kind of doing what we anticipated right because we talked about the upper Ballinger band we talked about the daily 50 and we talked about how price was likely to find some resistance at this level right so this shouldn't really come as too much of a surprise for people it's great that we achieved profit Target number one off of that trade now we're looking for targets two and three right but before we get there it's kind of a similar situation to what you saw here with beautiful candles that exceeded the ex outside of the Ballinger band multiple days of consolidation before then making the big launch right so uh this really shouldn't surprise or concern or make you fearful about gme right now this is doing uh great and the reason I say that this is doing great is this is one of the only green stocks in the entire Market as the Spy is currently down over $6.50 from the highs and close of Friday so while the entire Market is being a gigantic piece of [ __ ] gme is finding itself holding up exceptionally well so people should be excited because gme really does look good it's doing well so no major concerns from me at this stage right now with regards to G and then I also just noticed out of the corner my I cost went green there too so cost at that very same level right it's right at that daily 50 right you do still arguably have this cup with handle formation so cost continues to look somewhat interesting and people should be paying attention to this thing it does look pretty interesting gme trying to break out from that downtrending line gme trying to break from that downtrending line trying to break through this 236 trying to head towards that 2540 indicator Target so looking all right here chat looking okay this is guys like this is a really really good start like I I know it it's kind of whatever cuz gme is only up 2% but this is a great start in the face of the market being a giant [ __ ] turd this is a fantastic start to the week I'm just reading in with your comments did you guys like the video yet do you guys like the video yet here's here's what I'll do all right I'm going to give you guys a lofty goal today if you can get to 1,500 likes on the video we'll do a Discord giveaway and a $100 giveaway how about that chat I'll do a Discord giveaway and a $100 giveaway so if we get to 1,500 likes 100 Buck giveaway and a Discord giveaway as well so there now I've enticed you guys there now I've enticed you spy good little bounce off that low but nothing to ride home about yet it's uh it's it's just not a great day for the market so far guys that that's just the truth it's just not a great start to the day not a great start to the week let's check in on some of these shitty stocks all all right so what's down bad upst space money NE okay let's check in with what's up Alx what's this this thing has been going up up up up up for a long time I think we talked about longing this piece of [ __ ] here then we would have been up over 100% on this [ __ ] stupid ass xav great great last couple of weeks from the low xav has had a great couple of weeks since that low 30% so this was one of the China stocks that we talked about that we felt was somewhat undervalued just based on the prior areas that it had bounced off of from before right you draw a trend line from across from here you guys can see pretty clear support support and support so far so pretty interesting on xev this thing's been pretty good Big Lots this could be a bankruptcy play don't like it but could be something to this thing other than those things guys there's just not a lot of [ __ ] that's moving up here there's just not a lot of things that are doing much spy trying to bounce off those lows gme still chilling at about 1.5% or $23.80 you guys can see the one minute indicator is flashing a big signal of volatility telling us that volatility is about to start kicking in here relatively soon all right there we go look at that you could have a beautiful one minute Mac de cross right near the center how that didn't lead to an explosion I that's crack is how it's so close to the center on that cross it looks it looks good though like it really does continue to look good wolf Down 2 and a half% Sim down four tto down four chewy down two fngr down two lack down four cost Up 3 and A2 so keep your eyes on cost keep your eyes on cost there guys so cost looking pretty interesting here again at the daily 50 period with this potential cup with handle formation or a potential complex inverted head and shoulders so this is kind of interesting cost is uh doing pretty well here to start this morning almost up 4% gme chilling at about 1 and 12% spy catching no bids right now spy catching zero bids right now cracked man so cracked if gme can flip here you're going to have a beautiful magd cross right near the center here you're going to have a beautiful magd cross right near the center of gme can hold in this range bgfv just noticed bgfv went green by 2% this is one that we have on our watch list for this week because we're paying attention to this potential uh weekly RSI wedge that is right on the verge of potentially breaking out which could lead to significant moves given the indicator targets that we have all over this thing so everybody should have big eyes on bgfv early this week this thing looks really [ __ ] interesting Nvidia almost down 6% Tesla is the only mag s stock currently green man that socks s idea that we had I really just you know Fork is there anything that's up here every everything is clapped folks PayPal is doing okay Xbox F our our long-term portfolio is fine the only thing that's down somewhat of a chunk is baba but the long-term Port is doing fairly well spy breaking down again rty and Spy Guys not looking good small caps and the General market not looking good really not looking good and this is dragging everything down with it so gme left a one minute indicator signal gme left a one minute indicator signal back at 2371 so I just go ahead and Mark that off regardless of whether or not it gets filled immediately don't really care but gme left an indicator Target back at 2371 so just went ahead and marked that off spy is just [ __ ] guys spy is just [ __ ] its pants here look at this thing dude spy what is going on bro from the highs of Friday now spy is down almost $8 holy moly and it is dragging everything with it guys everything is coming down here gme almost break even the rest of the small cap Market there's nothing exciting it's a blood bath out there folks gme break even on the day now gme back to break even on the day it's a blood bath not not just gme chat is is a blood bath here this is a legit blood bath that you're seeing in the markets right now I'm going to actually change this this how many of you guys remember the distribution schematic idea through here how many of you guys remember us drawing this as a distribution schematic anybody remember that anybody remember that but this thing looks very dangerous spy looks really dangerous now what we should do is pull a fib from that most recent market crash Monday lows to that high and see where that 236 is not until 551 that's still a long way from where we are but it can get there if that distribution plays out [ __ ] me this this looks like [ __ ] chat spy looks like actual dog [ __ ] that's a fat [ __ ] rejection of that 4-Hour bull Zone and this thing looks like multiple touches of bearish Divergence one two three four touches of bearish Divergence dude I am just spy not good not looking good like really not looking good we're going to have to like Zoom this out and identify the next area of support your next area of support is probably like right here that doesn't come in until what 55 550 all right spy just dragging everything down with it everything how's the chat box doing Arman says what about Hollow what about it you guys keep asking me about these shitty penny stocks that I have zero interest in trading what about it my man I I don't really this this is not my this is not my forte unfortunately this is not really not really a big focus of mine personally I don't like trading these penny stocks I understand that there's a large amount of opportunity on them but they're penny stocks for a reason because they're dog [ __ ] companies now having said all this right you had that RSI wedge which we broke out of and got that first initial move that you were looking for on Hollow but since then you've now lost the center line you're barely clean to the EMA you've lost the daily 50 you've lost the 236 you've lost this area of support to me it looks like Hollow is going to continue to grind lower back to its all-time lows but I don't see anything particularly interesting about this setup is there something that I'm missing or perhaps I'm not seeing on this is and you guys can tell me if I'm wrong about this feel free to let me know is there something that I'm missing about this yeah uh what does do you guys remember do you guys remember what Denver's stock is do you guys remember what is it GDs is this Denver Stock I think this is the one right and then what were some of the other ones ests so we talked about this thing coming back down right at least down to the Daily 50 uh what are some other ones that you guys have asked me about there's a couple other ones ra how is avgo broadcom able to destroy VMware and go up because AV go is secretly one of the stocks that drives the entire Market that nobody talks about that that's the truth is Avo is one of the most important stocks in the entire Market it's just a stock that not a lot of people mention or talk about when you talk about things that drive the market higher but yes AV go is one of those secret stocks where uh whoa spy has a bunch of touches of bullish Divergence here [ __ ] there's a lot of touches of bullish Divergence on these lows which is making me think that spy might actually make a little bit of a bounce here look at the nature of this move down though literally just sell rip sell rip sell rip cell rip sell it's cracked crazy man spy just meltdown mode the vix is going cracked so yeah Avo is just one of those secret stocks that nobody really talks about but is a Big Driver of the stock market so why uh I don't really know other than the fact that rich people don't want this thing to die and so if rich people don't want this stock to die well then even bad news is good news but yeah that's kind of that works unfortunately Healey is a gold mine yeah so that was actually one of the things that we were doing some analysis on uh couple weeks ago I think we are looking at this thing but yeah this thing is I mean this is in a similar position uh that wolf is in where it came all the way down to that macro point5 Fibonacci and then actually found like a really significant bounce off of that and I think that um where is it and I think wolf is kind of in that same scenario where wolf is at that macro point5 Fibonacci here and so if wolf can find a successful bounce here which I do think it can that should lead to some nice healthy moov moves to the upside and good healthy percentage gains to be made gme after hitting break even has now popped up 25 cents so gme has now popped up back to 25 cents higher it did not fill that 2370 indicator Target yet came close but didn't fill it yet go ahead and Mark that off Kohl's is doing pretty good Kohl's is up 3% so Kohl's is doing okay like I told you guys my expectation is to wait until the dividend distribution going to wait for that dividend distribution in a week and then we'll go from there but arguably great opportunity has been presented over the last two weeks to long in this range I personally did not I did not add this to my thing yet all right let's see enax is still holding up really well and then Billy Billy playoff Willie China stocks doing well Baba has recovered a huge percentage of its loss so far this morning Baba was down like 2% and now it's only down half a perc so China stocks are turning and burning here chat so you got xev Billy Baba you've got queb let's see how CB's doing queb has recovered a large majority of its losses from this morning as well so it'll be interesting to see if that can continue for the rest of the day but Baba doing very well Baba great recovery spy still looking like [ __ ] spy still looking like [ __ ] what's BF I never I never heard of BF before when you guys send me these stocks like and I'm not trying to be rude about this but like what what am I supposed to do with this you know what I mean like am I supposed to fomo into something up 82% on the day and not just 82% on the day but 500% in the last eight trading sessions you know what I mean like these these are not stocks that interest me and I don't even like showing them on screen because what happens is when I stream and then I show people stocks like this they look at it being up 80% and they're like oh I better fomo in and then they fomo in and then it rug pulls and then for the next two weeks straight hey bro bro can you check out bof hey can you check out bof I'm bag holding this thing and you said it was a good buy can you check out bof can you can hey can you look at bof for me right so I don't really even like looking at stocks like this on my screen cuz like we've we've kind of already missed the trade you you missed 500% worth of gains right it's like buying gme when gme had its giant [ __ ] move right all the way up to 60 and then people were like well I didn't want it at 10 I didn't want it at 20 I didn't want it at 30 I didn't want it 40 and I definitely didn't want it at 5050 but at 60 [ __ ] yeah I'll buy gme at 60 and then it gets there and then everybody bag holds the thing at 60 because it starts coming back down and then it's literally just like oh I F moded into this position and now I'm in trouble and blah right and it's like well but this this is why we don't fomo into stocks right and this is why we have calm cool collected patient type of vibe in here right cuz I want people to lose the that emotional attachment of watching a stock go up 80 [ __ ] perc on the day and having the [ __ ] patience and wherewithal to say okay I'm not going to fomo into that thing so it's not that I don't like the stock or anything like that it's just when a stock is already up you know like it's like ffi right when we were watching ffie that thing was already up like 2,000% from its lows right yeah and Jimmy did hit that indicator signal and Jimmy also filled the Gap that it left so gme from a technical perspective has done pretty much everything that you want to see gme from a technical perspective has done pretty close to everything that you want to see at this stage you've filled the Gap you've had a har actually hold on did this turn into a crab no all right from a technical perspective gme has done a lot of what you wanted to see so far gme has done a lot of what we wanted to see thus far so this is good uh no real major complaints from me the only thing that I'm going to complain about is the market being a [ __ ] turd but we have reasons for this to potentially be putting in a reversal formation here lots of touches of bullishly Divergence uh bullish Divergence so that's something worth making a note of again the vix is going crazy the vix is showing no SL no signs of slowing down right now up 15% on the day gme sitting right at that 236 at 2387 so big spot for gme here big spot for gme here all right B [ __ ] bof [ __ ] bof bof got the old bof bof Johnson and Johnson I'm probably going to lose all my money on these puts I'm probably going to lose all my money on those puts for the Johnson and Johnson idea just didn't work out unfortunately I wanted to see the test of that Golden Cross but I don't think we're going to get it but I'll be patient still got lots of time on those so we'll see how that develops but right now I'm getting my [ __ ] little [ __ ] kicked in on those 160 puts for Johnson and Johnson archers ccsi M men M men's getting close to that harmonic completion it's getting closer gme spy oh man it's a it's a rough start to Monday here chat it's a rough [ __ ] start to Monday goodness gracious checking in with the chat box Johnson and Johnson is not up 3% Johnson and it's literally right there it's up3 of a percent so no it's not up 3% it's Tuesday okay thank you for the reminder you're up 3% on Johnson and Johnson good job if the market goes bearish do you switch to puts and bearish calls mostly or do you just stay out of the market I just I'm very picky if if the market turns to [ __ ] then I look at specific stocks to short ones that are severely overvalued but for the most part uh I'm just very selective about the trades that I take very selective about the trades that I take all right I'm checking in with the chat box seeing how you guys are doing so how's everybody holding up how are you guys doing man talk to me tell me tell me about what you guys got going on what's up bro Master what's up buddy Monday was yesterday it's Tuesday wow you guys are really good at making sure that you remind me every time that I say Tuesday instead of Monday or Monday instead of Tuesday you guys are all over it congratulations here's a gold star for you guys for those of you that are making sure to keep Jackie honest about what day of the week it is thank you uh we wouldn't be able to be here without your support so thank you so much I can't believe this a one minute time frame and it's that tight so like 550 660 GM me is still just chilling the whole Market guys everything is just [ __ ] up waiting for spy to figure it out but everything is [ __ ] up right now that includes things like the Vick look at the Vick bro the vix is going nuts vix is up 18% now testing that Golden Cross that's not good and now spy is just straight flushing bro this this is ugly chat I'm going to be real super honest here this is ugly this this is not okay this is this is ugly chat this is ugly as [ __ ] and this is this is going to drag everything this is going to drag everything down let's check in on the gme order flow let's just see if there's anything interesting going on in here all right let's see nothing immediately catches my attention other than the large bullish premiums uh I really like the large bullish premiums that's really good other than that though not seeing a massive reason to be overly excited about anything going on right now spy continue dude unusual whales is such a [ __ ] piece of [ __ ] it's actually going to make me close it that's how big of a piece of [ __ ] [ __ ] unusual Wales is give me half a second here chat okay I just had to reopen it because it's such a [ __ ] turd so there now the premiums have updated still a load of bullish premium 8.6 million on the bull side [ __ ] there is so many orders today it's this is really good there there's a clear interest in gme here folks gme's IV was 109.2 now currently sitting at 104.5 so we just dropped five points off of gme doing this that's [ __ ] holy [ __ ] man what a what a start to the week finally hit 100 shares on gme today congratulations my man good job yeah gearing up for that nice earnings rug pool my favorite do I trade uvx uh no I don't trade uix not very often I'd rather trade vix options but we have traded you uh we have traded you vix before I think we actually traded uvxy though not U vix I think we traded this thing yeah so this was one of the things that we were trading back over here so we did trade uvxy not U vix but we did trade uvxy before we have traded this thing but I prefer to just trade vix options Root Down 6% going for a test of that daily 200 root going for a test that daily 200 Kohl's is having itself quite the day up 3.6 3.7% wolf is coming back to break even Sim down 6% tto down 2% gme up half a percent it's a blood bath chat it's just it's ugly as [ __ ] it's so bad out there right now it's just so bad and the vix is not slowing down it's just not good and then that rty head and shoulders that we just talked about look at that candle that just came through look at this it's uh it's ugly out there this morning right now chat it's really not great Wicked clown with the sneaky way of getting me to look at his stock I got you soon kind of doing exact as we sort of anticipated guys I mentioned that this was going to be hard resistance I mentioned the fact that I have an indicator Target all the way back at 229 on SoundHound that's left on the weekly time frame and this to me uh just doesn't exactly scream positivity this first initial breakout from when the Nvidia uh investment news was released was great but since then this has kind of been like all things considered just not very good so I still think SoundHound is going to come a long way back down but before it comes a long way back down you got the daily 200 period moving average to test first at $4 so that's kind of the first place that I would look it soon and say okay maybe that's where it would pause but any failure to pause at that level and it's going to be ugly so that's what I would say about soon I don't think it's too soon to consider the idea that this thing is going to come back in spectacular fashion so we'll see how that ends up working wolf is battling you're right wolf is battling wolf is almost back to break even on the day right wolf is almost back to break even on the day so this is a good positive development that we're seeing Sim is inside of our golden pocket this was an area that we had marked off before so before taking a big entry on this we want to see it consolidate here right we don't want to catch knives and just have this thing go because then you're bag holding here just because we looked at an entry here right so don't want to bag hold this thing so would rather be patient let it try and find some support and then on top of that we need the market to not be a piece of [ __ ] cuz the lower that rty continues to go the more inclined I am to think that a lot of these small cap stocks are not going to do well and the more I'm inclined to think that these small cap stocks are not going to do well the more I'm inclined to believe that some of these trades that we are looking at are very unlikely to pan out for us including this one that we have here on Sim with this big gartley right so we're just going to have to be patient that's I and I preach it all the [ __ ] time right but we're going to have to be patient and then wolf just went green on the day folks wolf just went green on the day so wolf is now green if only by a penny but wolf is green on the day spy trying to bounce off those lows still looking like doggy doooo but there are so many touches of bullish Divergence so many touches of bullish Divergence on the one minute it would I think it' just be better to wait for 55 550 let it get to that spot and then that the best area for support pretty clearly especially if we just look left right if we look to the left that area that we've marked off within this trending range of price action that 555 50 spot is a very clear area of support right so for longs this is kind of what I would think all right GM up 10 cents on the day wolf green on the day Johnson and Johnson punching my [ __ ] in Billy doing very well so China stocks are still on the come up here China stocks are still on the come up here God damn bro the Spy can't catch anything all right well I've got to heat up my coffee so while I heat up my coffee why don't I leave you guys with uh why don't I leave you guys with some tunage why don't I leave you guys with some tunage so where where should we start what's what's what's what's the consensus pick what's the consensus pick what song would you guys like to see I'll uh I'll pick one from the one the answer that I see most picked I'll pick the most most replied answer we'll we'll just go with that one I see country I see banana lots of people for banana and Country all right banana is the one that I see so let's do banana [Music] first today if we H the best week the yellow fuit is a symbol of my FR belief a bet is a and I stand by my wood i' got to drop my pants in the front of the world oh [Music] yeah in my need bana in my need thousand bana in my to the Moon in my [Music] me 100 in my TM me 1,00 in my [Music] I'll take a back let make it worth a while if you need to H my I walk a shame for mile I find a day to stop just H this ground I KN i' lost for the were all around I man on my way I couldn't back away so I plac myself come my [Music] way 50 banana in my me 100 banana in my me bana in my ass me to theana in my [Music] me 100 me a th the [Music] well I'll tell you guys what Kohl's is having itself a hell of a day Kohl's is is doing great today up 4% on the day so again my plan isn't until next week but for those of you that were entering perhaps off of this harmonic completion or retest of these lows I mean you're doing really well right now so Kohl's is having itself a hell of a day and then wolf now finds itself up 1 and a half% gme trying to break out of this uh channeled structure gme trying to break out of this challenge structure spy right back at its lows here folks spy is not good spy Spy is not good today folks spy is definitely not okay spy is in really big trouble here this morning spy actually just Wicked into another new low of the day yeah not not a great look chat not a great look right now gme doing well one and a half% on the day Sim and tto couple of turds right now Billy Billy IEP yeah it's uh it's kind of mad chat it's kind of mad right now 10 gifted subs from making candles wow what a legend Mak making candles you're a legend thank you very much I appreciate you let's go let's go making candles let's go favorite ice cream oh this this one's this one's going to this one's definitely going to [ __ ] some people up this one's definitely going to [ __ ] some people up tiger ice cream tiger ice cream is the tits and you can't you can't tell me otherwise and I don't I don't even really like in fact I hate uh black licorice but there's something about uh there's there's something about tiger ice cream that just hits different so uh I think it was Daddo in the chat box there was just saying hey check out Goldman Sachs you guys don't know what tiger ice cream you're being dead serious it was pyro Jim that was telling me Goldman Sachs folks look at some of these banking stocks Goldman Sachs down 4% on the day Morgan Stanley down 3 and a half% on the day JP Morgan Down 2% some of these banking stocks are getting [ __ ] creamed right now that's very interesting gme still doing okay spy 555 50 so it's there now spy is now at that last Bastion of support for all right so the full Target for our spy idea has been achieved and now we are actively looking for spy to make a reversal off of these lows please recognize that this is a very risky idea but there's risk right there's there's always risk in buying any stock or any trade that you ever make but from a risk reward perspective you have watched spy hit this level two times before and make really significant bounces to the high side right that was $7 this one was $8 and now you find yourself right on that very same level so the reason that I suggest to people that this could be a great long opportunity is because again from a risk reward perspective look at look at your risk reward right if if we draw this thing out here look at where your risk reward is right that's your reward that's essentially your risk so you're risking about 50 cents for a stop-loss right you're risking about 50 cents for the opportunity to make dollars to the high side and again the reason I suggest that this is risky is because if spy loses this low we're going way lower like you're going way lower because if you lose that low right then you're going to lose a low that has successfully held a support and if you lose that low as a supportive level then spy needs to go in search of the next area of support which arguably isn't found until 551 which is another $4 down from where spy is now not only that but look at the giant Gap that you left over here right so spy also has a giant hole to fill right here now let me actually just mark this in for you guys all right so spy has a giant [ __ ] hole to fill right here as well which is a Monumental sized down right like that is a long [ __ ] way down from where we are right now so you can imagine that from a risk reward perspective a long is Justified in this area because we have seen it held in this area multiple times but if a long does not work you should really consider the idea of flipping short because this is a very clear downtrending day and spy if it loses that level you know that that's the last area of support so if spy loses that last area of support then you're coming all the way down to 551 and that is a Monumental sized way down so I think that there is justification right in this exact same area right I think there's justification in this exact area right here right and then how I would approach this is the same thing I just drew for you guys right place that stop loss at arguably maybe just a little bit lower than the lowest candles that we've seen in this formation right maybe just a little bit lower than those lowest candles that we've seen in that formation and the lower that you can buy this thing the lower that you're going to limit your risk to the downside and maximize your your potential to the upside so that's kind of why I think it's Justified within this range but pre please realize that if it loses these lows it's it's basically short all the way down to 551 because they're just there's nothing here there's nothing in this range if that level is is lost so in my opinion it just makes the most sense that if that level is lost then it should just be a flip short straight back down to that macro 236 here at 551 all right so that's kind of my thought process with regards to spy gme still doing like quite literally nothing here wolf is doing all right Sim and tto we kind of pieces of [ __ ] right now Root's kind of a turd right now Johnson and Johnson is a [ __ ] [ __ ] everything else is just straight chilling right now RT y has just been ass blasted the whole Market is just getting ass blasted to be quite honest with you we're an hour and a half into the day and the market is struggling so my spy put way too soon hey man 200% it doesn't sound like too soon to me money Tings am I on the right stream I'm looking for snipers and Shooters all these influencers just talk but no walk yeah Twitter was fun this weekend wasn't it money Tings Twitter was fun this time Matt kirkbride sorry backy late to the game this morning can you please give us the latest updates on chewy and Ruth yep we can definitely do that all right let's start with root so root I talked about this on stream last night that we have this giant [ __ ] gartly harmonic structure here so the idea behind this gartly is only if right only if root fails to hold both 41 or the daily 200 at 40 we're only aiming for that targeted zone for that gartly harmonic completion we're only aiming for that if rout fails the daily 200 and fails to hold the macro point5 otherwise from a risk-reward perspective we've seen root make two separate 100% moves off of this 0.5 Fibonacci and since root had this big push off here and gapped above both the moving averages here on Thursday the 22nd of February you have never seen the daily 200 moving average tested since and so the first test of a daily 200 period moving average 70% of the time leads to a a bounce off of those lows so we are certainly hopeful that uh root can find some support off of that daily 200 period moving average and if it can find support off of that daily 200 period moving average it should make a push up but if it fails at 0.5 if it fails that daily 200 then we should just flat out be aiming for that gartly harmonic completion plain and simple right plain and simple that's what you should be aiming for should it fail these two levels right here okay so that's kind of my thought process with root and then what was the other one that he asked and chewy uh just a quick update on spy there so spy still kind of grinding lower getting eerily close to our stop loss spy getting eerily close to our stop loss now spy needs to hold this level man because if spy doesn't hold this level then the Market's going to come a [ __ ] long way down so the market better get its [ __ ] [ __ ] together here pretty [ __ ] soon that's what I think Chewy we talked about this on stream as well last night how chewy had this uh bull flag forming out it's still a flag but you'll see this very often wedges turning into channels this is a very very common thing to have happen with stocks when you have a wedg likee structure and it fails to break out often time these wedges will turn into channels so chewy does still arguably have a 1H hour bull flag it's just kind of turned from a wedge flag into a channeled flag but chewy looks good like it it it looks reasonable and it's making higher highs and it's making higher lows the RSI in the 1 hour I wanted to see it hold the center which is failing to do so right now but having said that you could also argue that there's like a 30 minute kind of like RSI wedge structure going on here right you could really argue this with me so argue don't argue it's whatever but there's clearly some sort of wedg like structure taking place on chewy here and chewy also finds itself at its macro point5 Fibonacci at $28 so that's kind of where you really want to see this thing start to find a supported bounce and push off of here all right morning no sleep than yeah yeah I heard that I heard that was excited for today but seeing this price action over the last hour I went ahead and made some crinkle fries to go with my gme nothing [Music] Burger well I did I did kind of tell you guys right that was the reason that we did that little recap video on uh Friday and then on Monday right how the Ballinger bands I mean this is one of the important things right and it's why I've been stressing to you guys the importance of Ballinger bands right this is the importance of the Ballinger bands because they can help predict kind of this hesitation in price action which is essentially what we've been seeing so I know it's a little bit of a bummer the gme hasn't really moved but you're still at the da 50 you're still right on the top of that upper Ballinger band like as far as price action is concerned this thing hasn't really accomplished or broken anything both downside or upside so both positive and negative directions we haven't really accomplished anything today so no real major concerns with gme but that was why we kind of put that video together right was to talk about how we all want gme to continue to explode but if we want the healthiest move we want to see consolidation similar to what we saw right here when we broke above that band and that would be the most important thing to see gme make that continued move to the upside would be to see it break that bend come back inside of it with some consolidation and then launch off of that right spy trying to push here sort of spy trying to find some support at this level gme finding hesitation at this 236 for whatever reason this 2387 spot is seemingly kind of a [ __ ] for gme here we are getting a little push and gme is up 2% here Billy Billy came back and so did envx Billy Billy and envx both came back a pretty healthy chunk speci specifically envx enva came back a long way the first test of a 382 usually rejected first test of a 236 is normally re Ed normally David left there's a there's a new name that we've that we've not seen in the chat box cheering on Johnson and Johnson I wish you the best of luck my friend I have no idea who you are but congratulations good for you go go oh jeez Jesus Christ what is that what why does it keep doing that that's strange David Flores thanks a lot man appreciate that very nice message thank you very much appreciate that let's hide this here a little bit spy just just not giving a [ __ ] inch here right now gme is still hesitating at this 236 for whatever reason let's let's mark this off and let's see what's going on here because there's clearly something that I'm missing because this well I guess 24 that 23 whatever that 2390 spot for some reason is just a massive [ __ ] on gme okay well I can understand that I guess look at the support that was provided here and here and here and back through here and then resistance back over here so I can understand I guess why this level is so important spy Big Pop there there's there it is that's the big pop that's the pop that we were looking for chat that's the pop we are looking for on spy right there just wanted like a dollar out of this right just wanted like a dollar out of this long so that's the pop we were looking for that's the pop we were hoping for 556 now gme why am I so zoomed out [ __ ] zooming back in get back to that one minute time frame so yeah that $24 spot is going to be a [ __ ] that $24 spot is going to be a [ __ ] y so gme holding up very well here gme holding up relatively well here wonderful wonderful gme 2390 here up 2% on the day wolf is almost back to 10 gme trying a little some something here chat gme trying a little Su something rty also catching a bit of a bounce and the vix is continuing to climb higher not not great not a great sign to see the vix continuing to push albeit I do have lagging data on the vix the vix is one thing that I do not pay realtime data for so wow spy there's a that's a new high right new High new High new High new High new high what did I just oh I didn't mean to pay something gme back above 24 trying to break out here good volume decent volume that's good checking in on the order flow loads of bullish flow coming in here loads and loads and loads and loads and loads of bullish flow the bullish flew wow 1 Point almost $2 million on the 20 strike calls for January spy pushing up here first big level for spy to get through whoa that's way up there 55720 come on spy come on buddy get us up to 55720 come on now gme 248 GM up 3% on the day pushing here gme looking good oh we've got a Discord invite from Luke from Luke [Music] all right Luke I'm sending you a friend request right now my boy I'm sending you a friend request right now my [Applause] boy but wow that is quite the username that is quite the username Luke you guys want this guy's username it's pretty epic it's pretty epic hopefully he doesn't mind me sharing with it uh bushy llama bushy llama AB absolutely fantastic username fantastic Discord username bushy llama it's pretty epic gme 246 uh wolf has clawed back a large chunk wolf has claw clawed back a wolf wolf has clawed back a large chunk there chat that's really nice bounce that's a wonderful bounce little tweezer uh bottom little tweezer bottom on the out or on the 30 minute there that's pretty good could argue tweezer bottom or uh bullish engulfing on the 30 that's really nice little pop there so I like that from Wolf so far gme 2406 spy back to 556 I want to see spy really launch off of this and get to that 55720 I think it can do it all right spy pushing here guys spy pushing all right so the Spy long is a banger folks we got it we got that one so lock in the first PC or profits please I just locked in one of my four contracts for 40% okay so lock in a small piece of your profit there okay lock in a small piece of your profits again not Financial advice you guys already know this and all that kind of stuff blah blah blah and gme gme 2413 up 3% on the day come on spy pumping spy pumping come on we're doing good here chat we're doing all right out a boy uh J Sama good job man we need a song we need a song okay okay okay okay I got you I got you I got you I got you I know exactly the song to put on [Music] some Say Jimmy can't save us and I say they have no clue the doubters are all full of [ __ ] and the shorts are huffing blue and I'm riding in the subway singing songs about G and me and there's an old man in the corner and he smiles and says to me please leave me alone I don't care about this [ __ ] I know you want more ass and I truly must admit that if you don't stop singing it'll be the end of me please will you stop howling about goddamn GM me well I got off the train and I'm heading on back home with Jimmy on my brain and the T gang in my Dome at home I find my grandma tell her about she and me and she pops them in her wooden teeth leans in and says to me please leave me alone I don't care about this [ __ ] I know you want more ass and I truly must admit that if you don't stop singing I will kick you in the BS please will you stop singing about Jackie and his T so I said goodbye to Grandma so she don't change your will one day soon she'll bite the dust and it will be a thrill to stock by GM me and find the right banana stick it where the sun don't shine wearing a bright red bandana listen to my story Mister gme is going to blow like a prostitute in a cheap Saloon on your portfolio real real song we're going to [Music] move it's midnight in the city so I grab my megaphone and start to scream about GM me from the street right by my home I tell him about Ken Griffin and his little micro dick when Johnny Law runs up on me and says now way to take sir please come with with me we don't care about this [ __ ] I'm going to book your ass and the judge will not acquit and if you don't stop singing we're going to lock you in a cell and I turn back to Johnny Law if yell y'all go straight to hell cuz I've got a proof about laws riding behind me there's 50 andalia there's Calvin and there's Flippy and Jackie the gang leader well these Jack right to the tents they're hollering about jimy and champing at the bit good night all my friends I'll see you all at dwn I love this goddamn stock and we'll talk some more there WR [Music] [Laughter] great [ __ ] tune man great [ __ ] tune man bear pig says Yeehaw partner R them cowboy Oh you want the Irish song now you want the Irish song now [Music] huh the of the market Whispers FW round rumors and ran death the town L by a name Jack tits we band it together no quitting fits the walls won't hold and the hedges will fold f for the St we talk turn to Gold oh the walls won't hold them Hedges will fold for the stock we took turn to [Music] Gold Stony and 50 makx to the core stood by our side as the numbers did sore roaring Kitty he p and he yell the digital floor boards creeped as we proud [Music] oh the walls won't hold the hedges will fold for us on the stck we took down to go oh the walls won't hold and the hedgies will [Music] fold through Brokers and trador the fight didn't snare with kit and W a sto we found our share not found by Wall Streets fful shears we dance to the tune of retail cheers through the tickers and candlesticks we been ride with a Gleim in our eye and cry at our side hedge funds trembling the schemes unfold retail to shake the [Music] [Music] oh the walls won't hold and the hedges will fold for the star the stock we took turn to Gold [Music] oh the walls won't hold and the hedges will fold for the stock we took turn to gold [Music] all right so there's a couple of the crowd's favorite songs so we're watching gme and spy kind of chill spy is about to make a new high since our entry we're about to get to our first full profit Target at 557 chat GM all right so Kohl's is having a hell of a day here chat Kohl's is up 4 and a half% doing very well Kohl's is doing exceptionally well here oh I forgot to turn streamer mode on I forgot to turn streamer mode on by gme Kohl's just rocking out Kohl's is just rocking out wolf back to 10 bucks up 2% on the day Sim and tto kind of having a couple of rough days cost green barely Johnson and Johnson had a 50 Cent candle back to the downside so shout out to David for cheering in the chat box his cheering led to Johnson and Johnson coming back down so good job David thank you yeah you like that wife well [ __ ] the guy comes into the comments [ __ ] yo Johnson and Johnson's going up bro you're getting smoked on your [Laughter] puts and then literally from the very second that he made that comment Johnson and Johnson puked 50 cents no it's it's pretty awesome it's pretty epic shout out to David the walls won't hold and the hedgies will fold for the stock we took down took down to Gold gme doing absolutely nothing here chat uh the I mean the whole Market is kind of just in this weird standstill moment right now well if that's an ALT bat that would be cool cuz then it would come all the way up to 24 like or 25 arguably before a retracement that would be cool yandre run Jimmy boy run we need the cat to appear we that would be cool I would really appreciate if the cat was just like hello everyone I went to colge a couple of days ago and have never been in a place where I had so little desire to buy a single thing in years wow interesting the walls won't hold and the hedgies will it's a great line yeah all these songs are all online since when did he turn into Michael Jackson what what good [ __ ] does Kohl's have I'm genuinely because I don't think I've ever been to one so you guys will have to explain to me like I'm a you know like I'm a [ __ ] four-year-old kid about to go to Toys R Us for the first time y'all got to tell me like what do these guys got what does Kohl's have that's so desirable to everybody wow man this is some crackhead price action took turn to Gold whoa RT still trying to find a little bit of a bounce let's check in with iwm let's see what's going on with this so iwm right at that golden pocket so one of my Discord members what is having some difficulty day trading SPY and while gme is kind of just chilling I want to just take a moment to discuss this concept because this concept that we just used on spy uh a lot of you guys would find a lot of success doing this on a whole bunch of different other stocks but the problem is is that people will see things like this and they don't understand how to approach these so I want to try and just have a quick little moment here of teaching with you guys okay so office times right lots of people you've you've heard people pull the war and Buffett line right you've heard people pull the waren buffet line where you are greedy when others are fearful and fearful when others are greedy right that concept when applied to trading I just consider it buying people's fear or selling people's greed right that's how I approach the markets and so when I day trade I identify clear areas of support a price where we have seen either the stock holds at that level or it's been a clear area of resistance or support in the past or even in the most recent past right but I look at these levels and I identify to myself and I say well from a risk reward perspective right we mapped off this 5 5550 level and we said that it bounced once here for multiple dollars it bounced here for multiple dollars and then we hit that exact same level and we saw it Wick underneath that level multiple times that's why we placed our stop loss here and then we saw that after it Wicks into it it kind of [ __ ] around bumbles around at that same area and then makes the huge push [ __ ] around at that area then makes the big push [ __ ] around at that area then makes the big push so from a risk reward perspective right people will watch the Spy crater $8 right and they won't have this level marked off and they'll say no this thing's going to keep going it's going to keep going it's going to keep going it's going to keep going whereas if you were trading you would recognize that this area this boxed Zone you have done nothing but seen the stock consistently and successfully hold inside of that box both on the low side and on the high side so from a risk reward perspective right would it have been scary to buy spy at these levels of course it would be scary it's scary every time you hit the buy and every time you hit the sell because you're making a conscious decision to either Exit that position or enter a position so of course it's going to be scary but there is a reason that I brought this box up to you guys right we had the position box on this thing and there was a reason that I showed this to you guys right the reason that I showed this to you guys is because from a risk reward perspective look at this trade you have a 5:1 risk reward ratio risking about 50 cents to the downside to make over $3 on the high side now will we get that full profit Target I don't know I don't know if we'll get to 55855 I don't even know if we'll get to 557 but I know that where I bought it from a risk reward perspective it doesn't get any simpler than that because I know that if spy loses this level that it is very likely to start cratering down because there is no liquidity within this range and then you've got a giant Gap fill back down here so we know that this area right here right we know that this area is all basically nothingness and so because we know that that area is nothingness if the Spy fails to hold this level then this thing is probably going to come back down a very long way but we know that from a risk reward perspective if we buy in this range and the stock holds you could make thousands of percent on spy calls should it hold that level and bounce off of it because if it holds that level and bounces off of that spy will move multiple dollars to the upside multiple dollars pays hundreds of percent sometimes thousands and so this thing that I'm explaining on spy is the same concept that you can use on all different time frames on every different stock chart it's the reason why I bought gme back on this candle it wasn't just because of the TD sequential count right if I draw a trend line which I have which is the Pink Box Zone and look all the way to the left right I'll turn off all these [ __ ] drawings here in a second and we look all the way to the the left look at how that Pink Box Zone has been nothing but support and resistance since literally we touched it all the way back down here in March of 2022 right the first touch of that zone led to 15 50% move the second Touch of that zone led to 140% move the next Touch of that zone right we saw a whole bunch of hesitation consolidation strange movement within this range but ultimately this was the next big move that led to 43% and then you can see when we broke it here resistance dump resistance dump resistance break through it back test support back test support back test support so from a risk reward perspective on gme it didn't get any easier than a trade right there you had Trend exhaustion you had golden pocket you had moving average Golden Cross you had ill liquidity you had all of these signals and signs saying hey stupid [ __ ] buy me and this same concept right here of identifying well if gme loses that pink Zone it's probably going to go a lot lower and that that same concept that we use right here is the same one I just explained to you on spy but we did it on larger time frames with more price action uh encapsulated inside of this data and we use that data to make a really successful trade on gme thus far right our trade on gme since the long on this this low here of that Monday market crash look at you hit a high of 31.8% that is a [ __ ] awesome trade I don't care what nobody [ __ ] tells me that is a [ __ ] awesome trade and there's still way more potential for that to go higher and you want to know why this is such a great trade because we bought at the area that had the lowest amount of risk and the highest amount of reward and now everybody in GameStop positions that established them whether it was here or here everybody's chilling because everybody's up a minimum of 20% so ain't nobody [ __ ] panicking or freaking out this is what it's all about this is how we beat the [ __ ] by getting good entries by having no fear by having conviction and by having a clear and concise plan to execute so ises that make sense chat you guys kind of with me on that concept does that mostly make sense what do you guys think tell me give me your honest reviews The Walls won't hold and the hedgies will fold for the stock we turn took the gold wolf is doing pretty well wolf up 2 and half% on the day that's good gme 22% on the day above $24 spy 55650 gme still trying to push up here gme still trying to push up here where's our weekly bands at yeah those weekly Ballinger bands are really squeezing now be a lot cooler if the Spy would stop going up [ __ ] six cents at a time be way [ __ ] cooler if you would just break out okay so uh I told you guys this a couple of weeks ago told you guys this a couple of weeks ago but uh I want to I'm going to be doing this tonight so I want everybody to kind of pay attention all right I want you guys to pay attention here quickly so tonight I'm going to release roughly a 1 to two minute video with that one to two minute video what I'm going to do is I'm going to ask you guys what you are struggling with or concepts that you are looking to maybe learn a little bit more about or questions that you have so what I'm going to do is I'm going to make a one to two minute video tonight and all I want you guys to do is give me questions that you have with regards to stock trading regardless of how stupid or smart or awesome or dumb you think that question might be I want you guys to ask those questions and put them in the comments of that video tonight and then what we're going to do is we're going to take those five most upvoted comments okay we're going to take those five most upvoted comments and then I'm going to make a video on each one of those questions that you guys have and so we can kind of get a large majority of people's questions kind of moved out of the way all right so that's kind of what I want to do tonight so be on the lookout for that video and then I am going to ask you guys to come back and just give me your best questions dumb or not I don't care you can think they're stupid but believe me there are a lot of people that have the very same questions that you guys do so don't assume that they are dumb questions I I would love to see what you guys think I I would genuinely love to see what you guys think so that's going to be the plan for tonight's video uh probably won't have too much of a gme update video unless some crazy [ __ ] happens here cuz again my my thesis is really just bordering on the fact of the daily Ballinger band right you're just outside of it you're above the daily 50 which is really good we just we need some consolidation to allow these bands to kind of move is my coffee cold again no it's doing all right yeah exactly xaf exactly questions like that yeah I could do a video for total noobs that's something I could probably do Nvidia down 7% is crazy morning star ownership data shows top entity holding 4.7 billion Shares are you talking about gme are you talking about gme with that morning star stuff you are wow 4 point the top top entity holding four .7 billion shares how is that even a thing Devin can you send me that can you post that link in the chat box is that possible or could you tell me where you found that I think he said Morning Star what the [ __ ] chat are y'all are y'all seeing this what's that about what's that all about that's strange what is this what is this [Music] thing what what is this what is this NT what is this what is this chat what's this thing what is this thing I'm not sure what this thing is chat what what the [ __ ] dude okay that's actually sort of interesting what the [ __ ] that's actually kind of cracked wh what yo this this is kind of [ __ ] up chat I you guys should dig into this some more that that should be your guys's homework what the [ __ ] is this I'm actually G to post about that on Twitter that's some [ __ ] [ __ ] what the [ __ ] [ __ ] is that bro that's [ __ ] up I that's that's [ __ ] up that's [ __ ] up I I don't I you can't even click on it there there's it's a 404 error bro I I NT X equity market index fund DC lending something or other I yeah chat that's I I don't know I I got to grab my tinfoil hat for this one I got to grab my tinfoil hat for this one the primary objective of the Northern Trust extended Equity market index fund is to approximate the risk and return characteristics of the Dow Jones US completion total stock market index this index is commonly used to represent the small and midcap segments of the US Equity Market it's uh to achieve its objective the fund employs a replication technique which generally seeks to hold each index uh constituent in its proportional index weight the fund may make limited use of Futures Andor options for the purpose of maintaining Equity exposure this fund may not participate in securi lending folks I don't know what the [ __ ] is going on here tier four what does that even mean what does tier 4 even mean gme doesn't even show up in their top 10 Holdings oh Apollo hey what's that about cuz don't isn't Apollo one of our bad guys dude I don't know what the [ __ ] is up with that I I actually don't know what's up with that but this is [ __ ] that's 4776 billion shares just call it 4.8 billion shares on a stock that has what half a billion float h i I don't know it's uh it's definitely worth talking about it's pretty interesting gme with a little puke Fest here gme with a little puke Fest here chat potential little gartly setting up there spy hit a high of 557 gme so we're going to see how it reacts to the completion of this little harmonic structure here uh at 2364 and there's an indicator Target that's been left at 2387 so we've got an indicator Target left back at 2387 torious secret [Music] Kohl's wolf is oh I already got wolf on there let's go back to Baba everything else is just getting [ __ ] ruined spy coming right back down spy refusing to catch any bullish [ __ ] momentum here absolute refusal to catch any bullish momentum iwm still getting clapped Nvidia still getting absolutely rocked pizza's doing really well here guys you see that pizza is doing whoop ass pizza and Hayne and PayPal Pizza hay and PayPal all doing very well here chat so our long-term portfolio is really happy our long-term portfolio is very happy spy didn't really rip though on gme's puke right uh this could turn into a shark this very well could turn into a shark it's not the greatest shark in the world but it could gme getting close towards that harmonic [Music] completion still left that indicator Target so it'll be interesting to see how it reacts to that harmonic okay so harmonic complete on gme now harmonic has been completed on gme so we'll look for a little bit of a retracement right back up to 2387 spy back to 556 and still continuing to climb down want to see this thing find support ASAP here you don't really want this thing coming all the way back down that would be a bit of a [ __ ] bummer that golden pocket needs to hold his support any failure in that that stop loss will get triggered spy looking a little bit tursh too all right so spy does have indicator Targets on the high side at least for spy Futures gme got that Harmon completion now got that harmonic completion spy breaking down now at the golden pocket last area of support oh okay bonds are still cracked today the small cap Market is just [ __ ] the small caps have been [ __ ] ruined today everything it's rough out there man it's rough did lunar go red yeah lunar did go red by 1% now so it actually filled the entirety of that Gap up candle that it made from Friday so the entirety of that move on Lunar from The Gap up move on Friday has been sold off it's pretty impressive ffie still a gigantic [ __ ] turd shout out to Jackie for protecting his entire [ __ ] team from getting them bag holding this [ __ ] piece of [ __ ] hey look at that nice job 45% life-saving TR great work everybody way to stay away from this [ __ ] awful turd stock also good job at staying away from another turd stock [ __ ] Maxon good job guys way to stay away from these [ __ ] tremendously [ __ ] [ __ ] penny garbage pumper plays nice work gme nice little reaction off of that gartley harmonic so far for [Music] [Music] gme so yeah since that harmonic completion nice little uh reaction good little reaction off of that so that's good to see so it adds a layer of reliability to that harmonic structure so that's good spy huge bounce off of that golden pocket huge bounce off of that golden pocket you can argue low high higher low higher high that's kind of what I'd like to see in a in an ideal scenario that's what I'd like to see on spy we don't need maxing on here because we don't care about this thing envac back green Billy lots of those China stocks came back man I can't believe how slow the price action is after this morning's start on gme I'm very surprised there's 11 A5 million in bullish premiums for gme nine on bearish premiums and 2 million in neutral premiums so lots of [ __ ] going on at the ask here and I am seeing these 60 strike calls I don't know what's going on with these things but somebody's doing something with these 60 strike calls wow somebody's doing something with these 60 strike calls for January I don't know what's going on but somebody is loading 60 strike calls for January and there is a healthy amount of Premium there is a healthy amount of Premium let's check the net flows for gme this will give us a better idea of what we're seeing so the 60 strike calls have about 400,000 in premium GM now at the uh 200 EMA on the one minute oh I didn't mean day trade I me Jackie alerts all right let's check back in with the chat box what's the chat box got going on let's see looks like a glitch looks like a glitch glitch glitch glitch yeah all right sure glitches yeah for sure glitches probably a coincidence I guess that gme one of the most important stocks in the entire stock market continuing to have glitches but you know yeah glitches yeah glitches guys glitches isn't it amazing what you can do with 1.6 billion shares isn't it though isn't it we got some grade A1 in the gme room all right all right all right all right I'm coming in I'm coming to look I'm coming to look yes the bra the Brazilian puts were 3 million it was 3 million Brazilian puts not 3 million shares 3 million contracts which is the equivalent to 300 million shares of gme but it was 3 million okay what's this tin I'm going through gme here I'm going on the Discord trying to figure out what you guys are seeing Vanguard Black Rock State Street are the top five holders three of the top five holders of that really strange ETF thing that we just looked at which are the same nefarious players on the gme short squeeze so that's somewhat interesting okay somebody is now showing here's another screenshot guys of that same Northern Trust look at this look at this dude what the [ __ ] is going on what the f look at this what the [ __ ] is going going on here what the [ __ ] what what the [ __ ] is going on what the [ __ ] bro this is some weird [ __ ] no I I don't even know what to say about this what the [ __ ] is going on dude I yeah that that's so strange I still can't get over this it's very strange the ticker for that stock uh somebody had it in the chat box up here the ticker for that stock is Northern trust Corporation ntrs so that's this stock right here I I don't know what to make about that guys that's uh that's a little far outside of Jackie's uh that's a little bit far outside of Jackie's tin foil Spectrum but it sure is interesting it sure is interesting what what do you guys think about that you think it's nothing you think it's garbage you think it's real you think it's legit like what's what's your guys's personal opinion about that what's your guys's opinion about that yeah I don't I don't really know what to think or feel about that it's it's very strange it's very strange I don't know what you want from me bro I can't help you or give you anything right now spy still [ __ ] working man every time it hits that golden pocket huge candles back up this that's crazy why is this thing [ __ ] rou it's [ __ ] [ __ ] that's [ __ ] annoying yeah could be a decimal error sure that's fair to say interesting that that decimal error error shows up on multiple different platforms but I agree it s it could be as simple as a decimal could be as simple as a decimal that's a lot of decimals hey I don't disagree with you that is a lot of decimals I don't know I don't know what to think about that man that that's uh this thing's been around for a long [ __ ] time too since 19 what Jesus this thing this thing been around for a long time folks this thing been around since 1972 this thing been around since 1972 that's crazy man all listen Zoe hey I don't disagree with you that's great comment even if it was a decimal they would hold the entirety of gme themselves exactly 24.5k per share I mean technically that's what that screenshot I think that we had in the Discord was actually showing look it 24,25 and 23,2 why is why is there such is is it I guess it's always supposed to be 3 months that's a large delay between what the [ __ ] happened between here and here I I don't I I honestly don't know I just know that whatever that information is being displayed on there it doesn't make any sense like it it just flat out doesn't make make any sense it's showing that even on this most recent screenshot that I like this it's so strange what was the day of that BRK glitch was the day of that glitch again June 7th and when was that data reported with that most recent thing June 30th the first one actually came on January February March 31st so between the end of last year and March of this year this thing did some weirdo [ __ ] so from the end of this year until the end of March so all through here gme did some weird [ __ ] speaking of weird [ __ ] how about that gme shitcoin where's that thing at take off threes look at that gme shitcoin folks holy moly man this thing is crazy what the [ __ ] oh that is 2023 no [ __ ] June 30th of 2023 yeah no it's way too crazy with the 10 so that was that was shortly after Ryan Cohen purchased and then the March information is shortly after GameStop had that big gap up of like 10 and some per. I I don't know what any of of it means chat I'm just going to be honest with you I don't know what any of it means but I know that that data there's something [ __ ] going on there something something doesn't make any sense spy did trigger our stop loss yes spy did trigger our stop loss I still think there's going to be good long opportunity here still think there's good long opportunity so where does this complete at around 55530 all right there we go everything uh still climbing back down as the Spy continues to show some weakness no it's not the first time that we've seen glitches you're you're right but it sure is getting [ __ ] annoying that it continues to happen with gme not to mention BRK going absolutely [ __ ] stupid over the last 29 days to the tune of 18 and a half percent and $113,000 in gains $113,000 in 29 days on BRK the low of that was on August 5th if we jump over to gme August 5th ha haa ha market crash Monday right market crash Monday interestingly enough the market crashed Monday brka has now gone up 19% off that or over $100,000 per share very impressive this is the real meme stock this is the real meme stock who am I supposed to call who who do you want me to call they want me to call Morning Star so you guys want me to call these guys H we could call them they've got so once the wife takes off for work here I'll give these guys a call we'll see if we can get through to them why not I'll give them a call we'll see what they got to say about that we'll just we'll see if they say it's a glitch too we'll see what they say but I'll give them a call here I got to poop first so wife going to take off for work and then I've got to use the bathroom and then we'll go from there gme holding up very well and since that completion gme has popped a little bit nothing crazy but it is moving off without harmonic completion we do have the indicator Target back at 2387 so we are having that day that Jackie actually talked about on stream last night a consolidative dogey style day where we had the daily 50 and the daily Ballinger band right and we anticipated that that would provide some level of resistance or hesitation and that's exactly what we're getting chat that's exactly what we're getting so isn't it fun that the guy that you follow for gme information and updates knows exactly what he's talking about make sure that people are prepared and protecting themselves isn't that rad I think it's rad uh there will be one ghetto spread idea which will be AI so we'll talk about that once I come back from the bathroom and once I say goodbye to the wife so the wife is going to take off here chat so I'll leave you guys on gme and I'll leave you with uh a couple of tunes all right I'll leave you guys with a couple of tunes jimim this to the Moon pocket full of money real soon chimmy chimy down this sh is going to be Jimmy Jimmy boom bo stack to the Moon pocket full of money real soon Jim Jimmy down sh is going to Jimmy them STS my like a fire in a sky me Rise Up watch them fly high them STS real fire in a Wall Street Big Man think wise know the power when the people them arise from the m to the moon theit fly said the little man I laugh while the rich man I cry the hedgy stumble them can't believe them eyes a little game in Shop sets the market price they said the you on the line make it slide gam stop on the top we not take no Bri me rise up this and watch all them fly ey them stocks them like a fire in a sky Jimmy R watch out them fly them STS like a fire in a sky Jimmy Jimmy soony jimy sh is going to be Jimmy Jimmy Boom Boom St to the Moon pocket full of money real soon Jimmy Jimmy ding D be sh is going appear there wrong said the Brokers AF understand how the people take control take it out of them it's a revolution not just a plan stop said be Comm Man Jimmy Rise Up watch them flyss like a fire in a sky give me rise up they watch up them fly high them STS them UPS like a fire in a sky said the Brokers them Afra them can't understand how the people take control take it out of them and dis ution this not just plan Game Stop the Comm Man Jimmy Rise Up watch fly them STS them like a fire in a sky Jimmy Rise Up watch them fly ey them STS them like a fire in a sky jimy R watch flys like a fire in Sky jimy Rise watch your fly ey them STS them like a fire in a sky [Music] Jimmy Jimmy B Bo St to the Moon pocket full of money real soon chimmy chimy ding D be St Long shot is going to be [Music] there everyday with the G we don't believe in none of this we sing up G here up in this you it all be there 22 over YouTube the screen become the crowd this guy who was real loud was his name and within us all heed a flame over the years I watched and learn to to fight the occasional work and he kept at it no matter what even when it's to up I'm he's a man of a movement there is no conten shut the [ __ ] up there should be no T we up in here sticking the B pension the results be for themselves take a look at the receipts you ain't got no way no say okay and if you take a look at that it's a new of the day to the t g this just the day of the day to the kid Gang This is the a day nobody tra like t g g i are looking bang bang let's get that clear ask yourself this question do you think you deserve to be here one thing that makes us distinctive trading with a sure is addictive we have a levels and a knowledgeable te all the newcomers who will make it one day just sit back relax and be willing to learn I know the one thing you all year but time is on I side the Jack the hel me will lead the way it's a new of the day to the T gang this is the ever bit day new high of the day to the t g this just the ever [ __ ] day now we at the present Bo the years are past but I know there was one thing that will last I'm a t gang OG proud and true H better watch out cuz we're coming for you we're a community on the mission there will not be no submission you'll be put into a position there will be no competition a magici get ready to transition as I give to you the conclusion of Epic exibition with a new of the day the best G wouldn't any another way new of the no theid G looking bang bang bang bang looking bang bang look to get the click [Music] another one thing you you think you deserve do you think you deserve to be here one thing that makes up just sit back relax and be willing to learn one thing you all time is on side Jack the hel you lead the way the day the the you [Music] now we at the person the years but I know there was one thing that I'm and watch out cu I'm coming for you [Music] community the conclusion exibition with new of the day the best you hav't another way new of the day the best G you hav't [Music] all right chat let's give these guys a call let's give these guys a call let's uh let's see what they got going on here all right chat everybody listen up than for calling morning please listen closely as the menu options have changed press one for Morning Star investor premium advisor Research Center and newsletters support press two for Morning Star direct support press three for Morning Star advisor workstation support press for for Morning Star Enterprise support let's try one thank you for calling Morning Star retail support all calls are recorded for quality and training purposes you are caller number number one in the queue all right we're caller number one Chad this is man from support team how can I assist you hey how are you doing this morning doing well thank you for asking how are you I'm doing all right sorry I'm Canadian so I'm always on the vibe of being nice to people when I call them so here's here's the problem that I'm having or or I guess my question that I've got for you today uh on your guys's website uh your guys's website is displaying some very unique information for GameStop and I'm just curious if you guys can help me out at all uh just to confirm whether or not this is maybe like a glitch on your system or something's going on with that would you be able to help me out with that at all sure just let me know which website of Morning Star you using yeah so sorry I had the uh I had the web page up but now I've I've seemingly lost it CU well I guess I'm not really all that well organized uh give me one second here so okay so on your Morning Star website uh I'm on GameStop and I'm under ownership and on the ownership page it's showing uh ntext Equity market index fund DC lending as the number one owner I'm sorry sorry go ahead I'm sorry to interrupt you y uh so can you please give me the ticker symbol of the investment you are into yeah gme okay and just wanted to confirm if you are on morningstar.com as you said you are from Canada um is it morningstar.com or morningstar.com so I'm on morningstar.com SL stocks XNY sgme ownership so I'm on the ownership of GameStops Class A shares okay let me just go to ownership section yep no problem okay yeah under ownership now so do you see that NT uh Equity Market uh Index Fund with uh the top rate uh you see that so can can I just get confirmation or if you have any information pertaining to this why does it show the current shares for that Index Fund at 4.7 billion when GameStop's float size is only roughly 5 to 600 million shares I'm just curious if that's a glitch or if you know anything about what's going on with that um let me just check uh just a moment can I please call hold and check so that I can assist you yeah not a problem thank you all right chat we've got him red up [Music] some of y'all make me laugh you're like okay call them and then I call them and then you guys are like no no not like that what do you want [ __ ] all right so I'm on hold right now folks I'm on hold mute myself while on hold I I am basically yeah I I do have it muted hey you guys asked me to do this I'm doing it for you what do you want I did mute my phone I got my phone muted I'm not that big of a [ __ ] Boomer we've been on hold since January 2021 they can't hear me all oh I have it [ __ ] muted [ __ ] I literally have it [ __ ] muted [ __ ] spy pushing up here chat spy oh look at that it completed that gartley or it completed that shark look at that look at that all right chat I'm still on hold waiting here still on hold waiting look at that move [ __ ] beautiful GM doing absolutely nothing after you mute the phone can you take a look at ffi and lpsn well we know ffi is [ __ ] we know this thing's been [ __ ] for the jump this thing been [ __ ] for a while I warned people about this thing people either chose chose to listen to me or chose to ignore me but we talked about this [ __ ] turd and now it's [ __ ] dead uh and then lpsn o so lpsn does still technically have a higher low but it's getting to the point where it's looking a little sketchy so LPS end down 7 and a half% on the day so I'm still on hold here guys here listen for yourselves all right so I'm still on hold spy beautiful push off of that harmonic completion I did poop yep I did poop every time I'm in the street I hear La lack lack [Laughter] lack Jackie definitely just radicalized this guy he just bought a thousand shares and quit his [Laughter] job he just he literally packed up his [ __ ] he's like no I'm done for the day dog Kevin guian says plus one for actually calling you a [ __ ] Legend You're The Legend thank you guian and wolf Rick for keeping those lights on today much appreciated guys and BP with the 10 gifted Subs BP you [ __ ] Legend Johnson and Johnson yes yes yes I [ __ ] see it don't worry you guys can all make fun of me now that Johnson and Johnson continues to go higher everybody laugh idiot [Laughter] sorry sometimes I just have too much fun what are those puts worth I'm going to be getting [ __ ] clapped on those things what yeah those Johnson and Johnson puts are down to 120 so I'm down like 500 bucks on those right now still nothing from these guys yet this guy still hasn't come back on the phone for me yet he still hasn't come back yet chat gme coming down a little bit here so yeah I'm still on hold uh now been waiting 10 minutes and 50 seconds um I'm still checking uh let me get my back and team connected with this so that I can check with them uh I'll be reaching out to you once I receive a response from them um I'm getting it investigated so that if it is incorrect we'll be getting that corrected as of now I can see that the updated date is June 30224 so the the current shares is as of June 30 2024 but let me get it uh checked and investigated so that I can inform you the correct yeah that would be excellent so are you just going to call me back on this number yes so I will need few details from you uh can you please give me your uh email which is registered with us e e e all right sorry chat I had to give him some information so that he can call me and email me back here so uh he's going to get in touch with his superiors I guess and they're going to dig into that information and when they have more information to share with me they will uh send me an email and give me a call so we're going to wait to hear back from them but uh yeah that's it so they didn't actually have they didn't have an answer for that so they they did not have an answer for that right at this very moment so he said he's got uh he's got his team looking into it if you're wondering what we just did I called Morning Star in regards to this information I have spoken to Morning Star about this information and they are going to call me back all right so I have spoken I have spoken to them all right so yes we have spoken with Morning Star Chat we have spoken with them so we now have uh an idea of what's going on and that idea is is that nobody has a [ __ ] clue what's going on so yeah very very interesting stuff folks very very very interesting stuff but yes Morning Star has spoken to me you guys heard it all live uh the only conversation that I muted was just about my phone number and my email but uh yeah the uh the Morning Star guy on the other end did not have an explanation as to why that data was being displayed the way that it was so we will uh hear back from them eventually and we should get some sort of uh answer regarding morning Stars data with regards to gme so we will come back and we will revisit that for sure we will revisit that oh I totally forgot that on spy Futures we put the distribution schematic I totally forgot that we did that look at that chat look at our distribution that [ __ ] looks [ __ ] damn near Flawless that's pretty [ __ ] good right there that's pretty [ __ ] good right there chat arguably this year utad it don't really matter it's all the same oh the Starbucks Coffee once it gets a little too old she's she's not good wow speculation that Intel is going to be removed from the Dow Jones whoa that's pretty interesting that just flipped Intel actually I guess Intel's been down since this morning so Intel down uh 6 and a half% today wow that's some pretty interesting info I'm a boomer what what did I do I I fell for it Habibi you're a boomer this cute coming from a gray name Boomer rest in peace to that guy's Grandma you guys that's my favorite part man bro Jackie ain't getting a call back all right how about this how about this chat check this out let's do this let's run a poll this out let's run a poll let's run a poll here [Music] chat all right chat answer that poll answer that poll will Jackie get a call slail back yes or no so put your answers into the chat box there folks gme getting close to a low of the day gme get close to a low of the day spy found a double bottom off of that support gme breaking down gme at a low of the day now gme retesting its low of the day at 2341 again don't forget about that one minute indicator Target that was left back at 2386 s so now looks like we might go for this harmonic excuse me I got the hups means we might go for this harmonic completion here whoa those numbers are not the same that I literally just looked at the [ __ ] well if that is supposed to be a gartly that that number is awful this one's okay but that this this is awful how bad is it if it goes from here oh it's actually not terrible arguably even better from here God can you imagine if that plays out an Al bat from here [ __ ] me that' be super [ __ ] balls that number's pretty [ __ ] though okay well I thought there was a harmonic structure here but I guess the one that I had drawn was way the [ __ ] off I don't know how it was that far off maybe I just wasn't paying attention to that number yeah cuz that number is no good 711 that's that's useless that doesn't get us anywhere what happens here well if that's supposed to be a bat then it literally just completed and it could be it's not a very clean one but it's a new high of the day okay spy gme so GM continues to fall now uh at its macro 236 so if we zoom out here let's turn off some of the uh stuff here so that 236 all right is taken from that highest high to this most recent lowest low that gives us these Fibonacci right here and those Fibonacci you can see that gme is currently resting whoa that's not where that is supposed to be taken from okay hold on a second we're readjusting why why are the why is everything on my chart so [ __ ] off what is going on here okay so gme apparently ran right into that 236 at 2407 I don't know why that FIB was so far off so now you don't really have much support now arguably you don't really have much support until 23 Flat there's not a ton of support until about 23 Flat and again don't forget that one minute indicator Target still left a spot at 2387 so while it is shitty the gme is going down now it's not the end of the world yet it's just not the end of the world the volume is high on this uh push down the volume is okay uh let's check in on the net flow so does appear to be some people selling some of their positions I'm looking for large orders but I'm not really seeing any significantly large orders let's check in on the flow alerts let's just make sure there's nothing there nope let's check in on the dark poool stuff no massively significant orders nothing crazy gme now at 2311 let's check in on the whale feed oh that was a big one that was 30 minutes 30ish minutes ago somewhere right in there this right here on this that's strange 700 and some thousand order that's decent let's go back to net flow so somebody is selling 13 strike calls for a very strange expiration I don't know what the [ __ ] deal is with this thing somebody just sold a metric [ __ ] ton of 13 strike calls for January February March April of next year I don't know why they're choosing that one to sell $13 strike calls on but we can see that there's about half a million dollars that somebody has sold 13 strike calls then I think we're seeing a lot of profit taking on the 21 and a half and 22 strike calls for September I think we're seeing some profit taking that's what it looks like to me buddy bought them here for 2.24 looks like has sold a bunch of them at 3.5 and 3 0 so he did well on this one he did pretty well there was basically 200 Grand and he got roughly a 50 to 60% gain on that so not bad but it does look like some people are taking a little bit of profit off the table for the shorter dated options I don't know what the deal is like why they're targeting the 13 strike call Misha Give It Up I don't know why the 13 strike call I don't know why they're targeting that one that's strange that 20 strike call for January of this year has over $2.3 million in total premium on it now somebody literally bought the top at 7.5 on those calls and now they're at 6.5 so they're already down a 100 bucks they're down 100 bucks per contract H all right let's check my email let's see if there's anything in the email box here all right check in the mailbox I don't have anything yet chat don't have anything yet spy still finding some support at that 55530 damn that's beautiful Intel uh where's Nvidia at let's check in on the big dog stocks Hayne doing well Pizza doing all right PayPal holding up well Nidia down 7 a half% goodness gracious socks s up 18% holy cow that's a big boom where is I was just going to look at something [ __ ] crypto bum select sectors Consumer Staples utilities Healthcare and real estate are the green ones on the day Tech is just getting r rued xlre so this is one of the stocks that I suggested for a potential long-term trade because of impending uh interest rate Cuts we anticipated that that would be good for the real estate market even if it was only for a couple of weeks or month pump so so far XLR actually just hit a new high so that's pretty cool the other one that we talked about was energy uh energy had a big gap down this morning uh 3% it's recovered about half of the % of that loss so far and there might even be a little harmonic structure taking place here maybe if it were that would be a shark gme 2319 spy still hesitating at that 555 50 for sorry just writing some out for the day trade gang I mean that could turn into a 1.13 so we'll just Mark that off there all right there we go gme back oo gme nice little bounce off of those lows so far beautiful little bounce off of those gme's daily candle is back inside of the daily Ballinger bands so that's great right we love that we love the fact that gme is back inside of those daily Ballinger bands don't love that it's below the daily 50 but we've kind of anticipated this pretty much like from the video that we made on Friday so we know that we just have to have patience right we know that we have to have patience here all right so that's what we're going to do have uh have patience and be calm collected and just let this kind of develop as it is all right so no major concerns right now no major concerns spy well your upside potential is arguably your first 236 at 55720 the one minute bands what are you saying about these bands oh yeah those one minute bands are doing something funky I think you could probably get here I think you can probably get right there I think you can get there sorry I'm watching this very carefully because I think there's going to be a good trade on this I I I do think that there's going to be something good on this here I want to see it just hit this 55485 what's the low right there okay okay okay yep yep good good good fine outside of the Ballinger band on the one minute huge volume on that candle massive massive volume on that candle where's the vix vix is holding steady gme holding steady give me one bip give me give me one bip give me one more hard bip outside of the Ballinger band and then that would just signal to me that this thing's going to push back up gme making that push gme beautiful move off of those lows went from 23 to 2330 great little bounce off of those lows so far all right what did you guys say about that poll what did you guys say about the poll let's check in let's check in on the poll all right so 56% said no wow 56% said no all right well we will have to wait and see almost 50/50 man that's pretty cracked that's actually pretty impressive 50/50 I'm impressed I'm very impressed yields are down bad today yields are down big time today where's the dollar dollar green while the Yen's green that's a that's a unique one that's a unique one spy still just can't quite get there all right let's check back in with the chat all right no green candles allowed see exactly you get it you get it he just gets it you know get ready to get your woohoo hat on Jackie all right I've got it locked in man I've got my woohoo hat on I got my woohoo hat on I'm strapped in man I'm strapped in with my woohoo hat what does a woohoo hat specifically look like is it just like uh is it like made up in your own mind like what a woohoo hat is or is like there an actual woohoo hat is there an actual woohoo hat oh yeah so spy did get that harmonic there yep from a risk reward perspective once again I'm just wondering if there was any indicator targets that were left on here that I might have missed I don't think so though I don't think so oh yeah the 3 minute actually just went off okay what about the 2 minute okay the thre minute actually left an indicator Target so far back at 555 27 gme is still chilling folks I'm very surprised it's it's been relatively slow today it's been it's been very very slow I'm very surprised Rick and Morty what do you see your Rick and Morty on I love that POS positive DMI cross that's really awesome 4 Hour looks [ __ ] awesome 1 hour looks okay 30 minute okay 15 minute okay I think I see the Rick and Morty lips you're talking about there they're not super tight but you're right they are there a 10-minute cross so that's unfortunate five minute looks fine and VX back green Billy green other than those two man it is horrendous in the market the market is horrendous today actually horrendous yeah it's just dog [ __ ] off it just doesn't it looks awful what does a 10 minute look like I again from a risk reward perspective how can you not how can you not like this right how can you not like this low with that harmonic completion and then once again that clear clearly defined area that we've talked about right if we just box if I just put a box where that line should be that's roughly about where that supportive box should be found so maybe make it less bright there that's a little bit better then we can get rid of the numbers on this because we know that that's complete gme not I just can't believe how [ __ ] slow it has been all things considered I'm very surprised all right I'm refreshing my email I'm refreshing my email seeing if I got anything from him I'll bet you buddy didn't even write down my [ __ ] email address I'm checking the spam box checking the spam box making sure I'm not missing anything there come on hit me with the spam no nothing from him yet folks nothing from Morning Star yet notada not a thing Philly biker can you look at Siri please yeah you bet I can Siri continues to find resistance on the lower side of that daily 50 period moving average it's really not impressing me I know why people are interested in this thing it's a combination of the short interest and Warren Buffett taking a fairly large position perhaps Warren buffit just felt like the dividend uh was worth his money versus the share price of this company I don't really think that that's what that was all about I don't really know why he took a position in Siri but all right I got to call my mechanic here guys so give me uh give me a couple minutes I got to call my mechanic and talk to him here so I'll leave you guys with a couple of tunes here and just give me a couple minutes while I give him a [Music] call head killing machine look at my boy Kim G looking it f look at my boy jimy Run come on run chimy run run run run run run run run run run [Music] run look at my boy fly be fast he leave kill machine looking at looking at five Ry run Jimmy boy [Music] r Jimmy R let's go Jimmy look at my boy fly kill machine looking at looking at runy runy boy [Music] [Applause] jimy let's go Jimmy look at my boy Fly Fast [Music] he look at my boy fly F [Music] he look at at bar look at at Ry [Music] r goty look at my boy Jimmy one he fast he me here h on killing machine look at that [Music] boy [Music] look the Home Run don't go for the grand FL Fu go for the [Music] get at my Jimmy take the home run don't go for the grand FL take the home run you've already W come on he fast hean he a h killing machine [Music] F all right sorry about that chat I de had to make a phone call just getting a couple of things uh still done with the other car so I was just trying to get all that sorted out funny thing about [ __ ] stupid ass cars right funny thing about stupid ass cars I first I fixed the valve cover gasket seal and then literally a week after I fixed that then the valve uh the valve cover or the valve thing VV I [ __ ] don't know [ __ ] about cars then that [ __ ] [ __ ] broke and started leaking oil and now after a year and a half of not being able to afford to have that thing fixed I finally get it fixed and then the stupid [ __ ] oil pan gasket lets go I went from oil leak to oil leak to [ __ ] oil leak [ __ ] God damn [Laughter] it and Timmy peps Timmy peps with the [Music] turn let's go Timmy peps Timmy peps good to see you buddy all good just making her stronger exactly exactly you know that's just how [ __ ] stupid ass cars work you know that's just how stupid ass cars works you fix one thing and because it's so old it pressurizes another thing that puts pressure on that one thing that was like on the verge of breaking and then it does break and then it's like you fix that but then another thing breaks and that's that's what's that's how my brain feels right now that's how my brain feels right now can you please check GDs I actually did for you this morning Denver true story I actually did for you earlier this morning so putting in a dogee at the top now putting in a dogee at the high putting in a dogee at the high it doesn't look great I I still think that this doesn't really look all that great you do still arguably have that head and shoulders it's not the cleanest Head and Shoulders but it is still there so other than that Denver not really too much to say in terms of the analysis that we've been talking about this thing I mean you don't want to see it break this high at 1730 you don't want to see that broken and so far it hasn't so everything's still kind of in line for this thing to make a push down we'll have to wait and see if the Spy continues to act like a big [ __ ] turd you can anticipate GDs is not going to last on those highs I can [ __ ] that's a personal Jackie guarantee is if the Spy loses this level here today or this week GDs is going to get [ __ ] murdered every I just cannot believe how slow the market is today it's [ __ ] cracked it's [ __ ] cracked rty is getting absolutely ruined iwm rty small caps are getting absolutely [ __ ] railed absolutely railed you're about halfway through the full off a target of that head and shoulders the complex Head and Shoulders with the really ugly neckline you're about halfway complete through that uh through that full profit Target so that's pretty crazy I just can't believe how [ __ ] terrible the market is right now yeah September exactly September yeah September remember remember when we did that video and we talked about how the last 10 septembers we actually went back right we actually went back to the last 10 septembers and talked about how the average September for the last 10 years was minus 35% right that's that September seasonality that we kind of talked about there spy can you do [ __ ] anything dog literally [ __ ] anything off of these lows please for the love of [ __ ] Jesus God damn look at all this bullish [ __ ] Divergence off of these lows it's so cracked in the land where the winters bite there's a legion burning bride Jackie la tis the King of the North is a hard fire he came for on the market he stood tall watch the numbers rise and fall but one stalk called his name GM me change the game we get some [ __ ] GG's and TGs in the crowd with a cry that shook the ground in his passion he was found jimy boo he SC come on you [ __ ] [ __ ] [Music] run Jimmy boy [Music] Ro King of the Northeast stand he's the one that Clos the door in the battle through the fine he trains on through the night King of the North he stands GM me in his hands with a shout to the Sky Run Jimmy boy [Applause] [Music] with a cry that shook the ground in his passion he was found Jimmy boy he'd [Music] scream come on you [ __ ] [ __ ] run that's what we did here chat we have fun we have fun the chat they're screaming oncore oncore oncore [Music] [Laughter] day back the yellow my believe they back and my with the back on my brain and I've got to turn my head in front of the world g g GM 250 banana in my pants GM to 100 yo Dobby w why don't you just [ __ ] leave bro if my singing bothers you that much bro why don't you just [ __ ] off I appreciate you being here but rather than just bring all your negative [ __ ] into the chat box why don't you just shut up and listen or just leave if you don't like it my man but godamn your negativity is infectious bro [Music] oh spy yeah let's go all right gme still just doing absolutely nothing absolutely nothing no literally just turn your [ __ ] volume off for like half a second or just don't be a [ __ ] it ain't [ __ ] hard I I have fun bro that's that's literally what Jackie La tits and this whole thing is all about man I bring the fun for retail win or lose it don't really matter we just have fun trading every day man and when we have success we cheer like a bunch of psychos and when we suck we make fun of ourselves but I I don't know why anybody would be upset about me singing and having fun on my own personal stream especially those of you with green [ __ ] rockets in your name so if you want me to stop singing all you're going to do is make me sing more right all you're going to make me Do Is Sing more cuz I'm here to have fun and not do what you tell me to do so I think we're going to need I got you guys wcky in the club suit in hand don't [ __ ] up Bo you're going to get banned Jack tips going to teach you the way to take over your finan your life there's only one thing you need to sacrifice that's time do you get me you don't ever really want to test me the team and me get lit because the kid's about to go to orbit I bought a SpaceX fight no other brother can deny when I share offering just so happens to a been at another local low I'mma take a look at that and say Dam I might buy that [ __ ] because I know what happens after the r i put my trust in the ti gang I know my thesis trust me surely you don't want no piece of this trust Meely we don't want no piece of this trust me surely you don't want no piece of this trust me surely you don't one no piece of [Music] this to trade the market you need to learn in order for you to not get burned the tits gang got your head to trade of Education we up and coming first world nation ain't no one here raing phony my guy got them his name phony pick up the mod crew keeping things running any Moon [ __ ] be buzzing get yourself ready here comes the corus watch out wild car because Kitty will do it for us trust me shorty you don't want no piece of this trust me shorty you don't want no piece of this trust me surely they don't want no piece of [Music] this to trade the market you need to learn in order for you to not get burned the tit gang but your had to trade it education we we're up I'm coming first world nation ain't no one here I in the phony my guy got Dam his name ston pick up the M crew keeping things running when Jimmy Moon [ __ ] be buzzing get yourselves ready here comes the chorus what a wild C Kitty will do it for us trust me you don't want no piece of this trust me surely you don't want no piece of this trust me surely you don't want no piece of [Music] this what [Music] St trust Meely don't want noie of this what of this I heard aain song a long time ago he say he was on the bra like golf course and I don't know thing damn that's to being weeded up but I thought to myself when I be on the premium stock market feels like I'm right there laid up on that same Golf Course talking about M let's get it in know what I mean Lord know I know y know exactly what the [ __ ] I mean real talk bad night deep down want the scream wondering if I was ever going to see The Squeeze know what I mean and the GRE in the green if feel good to be in the green Lord knows I know y'all know exactly what I mean real talk bad night I had the stren wondering if I was ever going to be black in the green know what I mean green count going no said I'm on the green like a we head I'm on the green like a girl bread I'm on GRE like a CH he said it but no this trapping I'm just I know do be for sure call be real temp long time that play v i search you might get it on the green and i't TC in the green CLE slamming heavily on the green it ain't just a bit in the green the rock is taking off [ __ ] on the green and you know that is good with me in [Music] the all kind of angles we talking on candles I'm talking scandals the BS invol in HED FAL and through all this thisor sand lay back smoking Melly on the green and I ain't talking T in the green count slaming heavily on the green it ain't just a B in the green the Mark is taking off this on the green and you know that is going me in the green it's r r Mr jail got the H you I diversify spraying the hedges hit them pesticides with this bull pressure little back getting terrified space a gorilla my next going be armor space supera made the mark on the green night talking TX in the green the C slaming heavily on the green it ain't just a bit in the green the rock is taking off bit on the green and you know that is good me in the [Music] green there is is is that better than my singing is that is that better than my singing is is that better do we do better are you good is that better I I will do what I can John I'll do what I can ffi e taking another L shout out Jackie's drawing [ __ ] ffi e [Laughter] yay where's Maxon cuz this thing was cracked too Maxon still a giant [ __ ] turd and lunar let's check in on lunar so lunar is up on the day by 2% then you got Farm chilling tto down another 5% getting close towards that second deep butterfly harmonic completion Sim in that golden pocket now but rather than catching knives right just like I explained to you guys no entry yet we're going to wait to see if this thing can consolidate at these levels because we don't want to just enter just because it got to where we thought it might right we need to have a reason for this thing to reverse so just patience with Sim patience on Sim all right wolf went green red green red back red now down 2.6% on the day again a lot of the General market uh weakness that you're seeing on the small cap stocks like how everything on this list is basically read reason for that is just flat out rty and iwm look at how terrible they've been here today right rty and iwm have been tremendous dog [ __ ] so not surprising to see the small cap ETF absolutely crater and then all of the small cap stocks right getting absolutely [ __ ] decimated off the back of that so not overly surprising I just refresh my email again still have no answer is there any answer uh from Morning Star on Twitter or anything like that folks is there anything from Morning Star uh on Twitter or have you guys heard anything about that anything at all Kohl's is doing great Y no doubts about it Kohl's has been absolutely phenomenal Kohl's absolutely beautiful day almost 5% on the day for Kohl's gme not doing anything and then guys here's the AI ghetto spread so not Financial advice I'm a [ __ ] Trader you'll lose all your money but this is the uh ghetto spread idea that we have suggested for AI so 30 strike calls1 18 strike puts $16 for the calls $13 for the puts so you could buy three contracts here three contracts here including your fees your in for about 80 bucks and if AI makes that gigantic [ __ ] 30% move that shit's going to pay out like crazy and then AI has its earnings on Wednesday on the close so the only shitty thing about AI about this ghetto spread is rather than having like you know Wednesday uh to like Wednesday Thursday Friday we're only going to get to work with Thursday and Friday so if AI doesn't make that 30% move we've only got two days to see it continue to either blast up or blast down so hopefully that ghetto spread can end up panning out for us but and it's really really cheap right you can get into this thing for less than a 100 bucks and you can exit this thing for maybe 500 if it makes that huge [ __ ] move so I I don't mind the AI ghetto spread at all I don't mind the AI ghetto spread at all Kevin Malone posted not true glitch he is the funniest one to be saying that he is the funniest dude to be saying that especially when he's the one out there on Twitter posting about that dumb [ __ ] [ __ ] that was happening on gme over the weekend talking about this order and balance garbage right talking about this order and balance post that was going around on [ __ ] Twitter he was sitting there [ __ ] posting about that talking about how that was going to be the [ __ ] thing that was going to move gme even though he didn't even realize himself that that [ __ ] order imbalance stuff that he's talking about seeing the $30 price for that has nothing to do with the actual price of gme in the final 5 minutes of the close those order IM balances start getting average pricing as to where the stock should open and close for the next day so him talking about that stuff and even giving it an ounce of notoriety that that's why he is the funniest dude to be talking about [ __ ] glitches and saying that it's fake he's the funniest dude to be talking about that and I just immediately ignore that and assume that he just doesn't know what he's talking about so that's not an answer Kevin Malone is not an answer for what's happening because he doesn't really know what he's talking about and I'm not trying to talk [ __ ] to him right I'm not trying to be mean I just like you know is anybody else's X account [ __ ] up right now uh I can't see anything on my following for Twitter I can only see my for you page I can't see anything on the people I'm following on Twitter so my Twitter is now glitching out too chat spy bipping yeah not bad [Music] GM [ __ ] me I cannot believe how [ __ ] slow this whole morning session has been Christ nothing uh nothing from is your guys's following thing [ __ ] on Twitter too can you guys confirm that for me can you guys go to your Twitter's and check your following page so mine on my phone is actually [ __ ] up right now and it's not yeah so look at that see my following I'm not seeing anything here chat I have to go over to the for you page so I I I don't know what's I don't know what's going on with X here but something's something's broken lock it in lock it in you [ __ ] lock it in that's what we were waiting for right there chat that's what we were waiting for that's what we were waiting for right there that's the one that's the move that's what we were waiting for that's beautiful [ __ ] right there that's beautiful [ __ ] [ __ ] right there 55610 all right that was that was a beautiful move from Spy absolutely beautiful sorry I was just talking to the day trade gang telling them to remain convicted on the Longs because they know right you guys knew that this green box just slightly underneath it from a risk reward perspective is completely Justified and so a lot of people in the day trade room on the Discord just [ __ ] crushed that that was wonderful gme 2336 beautiful bounce off of this low so far beautiful bounce off of that low for about 33 cents so far nothing crazy but beautiful little bounce off those lows good with me Jackie the [Laughter] detective oh y'all make me laugh man oh another 10 gifted from BP BP keeping those lights on God damn thank you thank you BP you know what BP you're making me feel like I'm slacking here so why don't I help the chat box too you're making me feel like I'm slacking here all right chat coming in quick star guards Trader says how do I make my name green you just need to be a member of the uh of the channel you just need to be a member of the channel so see those gifted memberships you can actually buy those and the cheapest one I think is like five bucks so if you get one of those you'll get a rocket next to your name and I just hooked up a couple of people with some memberships there so thank you guys for I think spy could potentially get back to vwap that would be nice to see spy back to vwap at 557 flat that would be pretty sweet that would be pretty sweet what's K2 got going on let's check in with the chat box let's see what the chat box got going on good indicator for bearish bullish weakness or strength is the volume weighted macd or just the regular macd email let me check the email all right refreshing the email here see if we got anything new nope just an email from Adidas and Bully make right how's the gme flow looking good good question we haven't looked at that in a little bit let's see net flow remains relatively unchanged the bearish premium is starting to catch up with the bullish premium here not seeing any huge significant orders not seeing anything massive I don't think we've even had a 100K order today okay no I'm wrong we did have a couple they happened first thing this morning it's those 13 strike calls I don't know what the deal is with these man I don't I don't know why they're doing that there is a suggestion that they could be rolled somebody is closing closing the $13 calls for January and then maybe moving that money into April that that is a possibility oh spy broke 5 5550 that's a big deal spy still hesitating at these Highs but looking strong looking good back to vwap would be huge 557 that that would be massive I probably should have made that smaller but that's fine Cole's doing excellent chewy okay wolf Sim and tto kind of clapped right now man it's it's so bad out there today I and I just cannot believe how slow the afternoon or excuse me how slow the morning session has been the morning session has been just dog dooo just dog dooo nobody even knows if that was the cat that was buying those calls so it's hard to say if the Morning Star number is not a glitch you have to realize that that fund is holding roughly 4.8 billion in GameStop shares now while that sounds like a lot right if you go to GameStop and you find its float which I'm sure we'll find somewhere in here 319 319 million shares that's what's available to trade to the public is 319 million shares so imagine right imagine a scenario okay in which there is one single entity so what did I say 4.7 4.8 Jesus Christ what percentage of that is Jesus Christ that's that's 15 times the float that's 15 times the available like the actual float and that's from one single entity so you can imagine why that would get a lot of GameStop people kind of jacked up because there's speculation that those Shares are being loaned out and that would imply that there are 15x 15x the number of shares available to be traded being loaned out by a singular entity so again I I don't know I don't know the tin I don't know all the stuff right so I I'm just speaking as if this were happening okay and if that were real right if that were real one entity is holding 15x the available float for gme that's [ __ ] up because there are multiple entities including Ryan Cohen himself RC Ventures The Roaring Kitty etc etc there are a large number of entities that hold a large number of GameStop shares so if just one of them holds 15x the float of gme you can imagine that there are quite a few people and quite a few shares probably totaling well past 20x the float of gme so again again I'm not saying that that's guaranteed factual 100% we're we're basing it off of a number from some website that could or could not be wrong we don't know yet right so we're just doing the best that we can with the information currently being presented to us at hand but if that information were true right if that information were true that would imply that a significant amount of the float has been uh oversold SL shorted so you can imagine why that would have a really positive impact with regards to gme right you can imagine why that would have such an impact with regards to gme because a lot of the things that we have speculated over the last several years are that gme is severely severely overed even though the numbers may not necessarily say that so you can imagine that if that number were true we're beginning to see the cracks of the very things that we have been talking about for the last four years with regards to GameStop and its ridiculous short interest I just talked about the AI ghetto spread I like and I'm not even joking literally just talked about it I would rather GameStop holds on to their cash than give me a dividend if you if you want me to be very honest with you I would rather have GameStop continue to hold their cash and continue stacking cash I would rather them do that than issue a dividend I want the company to be in a financially strong position before offering a dividend payment so that's my opinion regarding gme and a potential dividend I don't want it I want gme to become a successful and Powerful business before they do a dividend distribution because what sense does it make to give out a a dividend when the company is still technically [ __ ] we need to see multiple quarters having successful growth we need to see year over-year the company continuing to show growth we want to see GameStop continue to build up that horde of cash that they have so I don't want a dividend keep keep the dividend and you just keep making that business great and the larger that we make that company the greater that we make that company the smaller and smaller and smaller the risk of bankruptcy becomes yes it could make it cost more for the shorts but then GameStop has to dip into their cash on hand to distribute that dividend because they no longer have a credit facility right and because they no longer have a credit facility any dividend distribution would have to come directly from GameStop's cash on hand or operating costs and I don't want GameStop to be red I don't want GameStop to lower the amount of cash on hand that they have just to pay me a 20 C dividend for every share that I hold that's not worth my time what's worth my time is to see this company continue to grow and expand and show that it can be a legitimate Powerhouse in the future that makes more sense to me but I a dividend of 20 or whatever [ __ ] cense it would end up being to drip into GameStop's cash on hand and make the company more un stable that's not a positive to me in fact that's a bright flashing glaring red negative that I want nothing to do with so I don't want GameStop to do a dividend maybe in a year or two when the company is financially in a much stronger position but I don't want GameStop to do a dividend so clip that and have that [ __ ] post around and then I can really look like a shill uh no email from Morning Star yet still have yet to hear from Morning Star no emails back from them yet [Music] all right let me uh open up the super chats got to make sure you get paid on poop break nice thank you oh I didn't realize I had the [ __ ] thing on money Tings I don't have a single I don't have a single uh thing from you bud I know you were probably joking but I don't have a single thing from you m Alco and holic yes ha I hate you I hate you 555 27 nice little bounce off of that lows again for arguably a triple bottom probably a bunch of bullish Divergence off of those lows too yeah look at that five minute bullish Divergence Jimmy rise up want to St fly high St to the moon like a fire in the sky Jimmy Jimmy boom boom Stu to the Moon Pockets full of money real soon Jimmy Jimmy Ling long this Stu with long sh is going to be a dead wrong Jimmy Jimmy Boom Boom stuck to the Moon Pockets full of money real soon Jimmy Jimmy Ling long the stock will long sh's going to be a dead wrong that that song [ __ ] bangs man that song bangs you want me to stop okay I'll keep going what other song could we sing you watch and you wait it's fa happen I traded my day job for white call it trapping you watch and you ho cuz we fa hit it strapp into your rocket G golden ticket you watch you wait this going happen I traded my day job today trading trapping you watch you ho cuz we fa hit it strapp into your rocket gme golden ticket you jump on a don't try to be basic don't jump on the bait that's stock trading Basics buying at the low them shares get to racing my heart be pumping you've got to pace it you watch you wa this going to happen I traded my day J today trading trapping you watching you cuz we fa hit it strapp into your rocket AMC golden [Laughter] ticket see you tell me to stop singing that just means I'm going to do it again so who told me to stop singing so I can kick you in the [ __ ] balls who was that where was that Bill Jeet says calm down Bob Marley we ain't hi just yet you missed your calling as Reggae Singer yeah no you you'd be stunned dog you be stunned shout out reggae man shout out regga [Laughter] [Music] we're no longer slaves to the green now is the time to break free squeeze and hold on tight Hold On Tight hold on I know you guys love That Tune I know you guys love that tune maybe my maybe not my singing of it but I know you guys like this tune again the Apes had risen stoking the play St to the screen with each Val cry as the suits tremble wondering why the surface siic shift as the tables turn the r from the basement to the sky for reolution that M get by Squeeze let the gam night squeeze what's in in the dark must be brought to the light squeeze and hold all tight squeeze let the camera ignite squeeze what's here in the dark must be brought to the light squeeze and hold on tight hold [Music] on [Music] hold hold for reolution that money can squeeze let the gam night squeeze what's here in the Darkness Be cry to the light squeeze and hold on tight Hold On Tight Hold On Tight hold on hold [Music] on we no long to that g now the time to break free That's a classic Eric Andy motion song man that is that is one of the classic tunes that we have in the uh in the old uh musical [Laughter] jukebox did you tell him your last name was Lititz I did I did I was like make sure you call me back at Jackie La tits.com back weule old school titties please can you take me higher all right gme coming down here getting close to its lows of the day again gme getting close to its lows of the day again r now testing that daily 200 period moving average I believe or within very close proximity to it so root about to test that daily 200 period moving average you probably have the deeper harmonic completion on this thing now I would assume uh no you don't actually it's close but no cigar quite yet spy Tesla wow Nvidia almost down 8% Apple down two and a half Hayne and pizza are doing well fizer's down kind of bad today fizer's down kind of bad today fiser down 2% spy getting a little uh sketchy now spy getting a little bit sketchy now because spy has been in a very clear downtrending day all day right very clear downtrending day all day and now you're getting very spooky at these lows here so spy is either going to find itself here and make a huge push to the upside or spy is going to reject these EMAs and this [ __ ] going to flush a big nasty candle to the downside maybe all the way down to 551 so spy really needs to get its [ __ ] [ __ ] together here really [ __ ] fast gme also coming down so gme just made new low of the day gme just made a new low of the day there chat so gme's daily candle is now now well back inside of the Ballinger bands you're now very well back inside the Ballinger bands uh something wrong with the one indicator thing here do I it's because I haven't turned it off I don't know what's going on with the one indicator that was strange that's never happened before oh there was an update on it oh all right there was an update on this thing now I'm a Ballinger bands and moving averages are all [ __ ] up interesting there was a update I guess for the one indicator and then the parabolic SS need to be fixed wow this is this turned into a bit of a [ __ ] around and there are also not lines which is kind of [ __ ] annoying those are all lines that's all good Ballinger band upper I don't like the color changing ones I I get it I just don't really like the color changing so why don't we make those a different color Ballinger band Ballinger band Ballinger Ballinger Ballinger band there now we don't really care don't need a fill that could stay orange Perfect all right so the daily is back inside to those Ballinger bands root now definitely testing that daily 200 I have to assume now having given me that alert yeah so root now testing that daily 200 period moving average and also has the deeper uh harmonic completion of that shark uh no it's actually just shy still you still need to actually touch that daily 200 so it's very close but it actually does need to touch that yeah so gme back inside the daily Ballinger band so just like we predicted right just like we predicted in the video wow hey how about that chat it's almost like technical analysis really does work hey isn't that kind of neat being able to use the being able to use the Ballinger bands and technical analysis to actually find ways to protect yourself and make money isn't that neat talk about price being outside of the daily Ballinger band when we opened and how that's not really great so we could kind of maybe see something like what we saw here and that's kind of what we got going on today so gme is red on the day only 1% doing another rounding bottom or another flush let's check out BTC Bitcoin Bitcoin Co so we actually talked about this having a retracement here because you did have a bearish uh bat or gartly complete I don't remember which one but we had a bunch of harmonics completing right at this level right here so we actually did kind of discussed this having a retracement at these levels which it's now successfully had and so kind of like you were saying you know maybe a rounding formation off of this the other thing that you can pay attention to pretty easily is you got a low here a low here and a low here so if we want to see this trend continue to go to the upside you're now testing the center line of this larger structure right you're now testing the center line of this larger structure of this broadening descending wedge so basically you don't really want to see Bitcoin lose 5735 because then it's probably going to come all the way back down to these lows again so that's kind of what I would say about Bitcoin and crypto kind of as a as a whole here uh let me just check my email again see if I got anything from them nope just another email from Adidas just another email from Adidas did root hit that did it actually tag it what's the low 3984 oh it's l literally close enough wolf down 5% now wolf went from minus three to plus two to minus5 that cracked not a lot of momentum on that downside swing though honestly not a lot of momentum on that downward swing still chilling I did not take an extra position on this yet still holding the initial entry from 11 whatever it was again only threw 200 bucks at this thing here so not really sweating this drop whatsoever it is what it is where is GDs let's check on that for Denver GDs GDs down half a percent on the day let's check in on our random watch list let's see what's going on there what's down bad here so pxs down bad today RG TI down bad today space upst wow lots of things are down really bad today gosh what's up lunar wow lunar had a big flip lunar had a big flip there sold off the entirety of that Gap up then filled that Gap and said thank you but there's still a little technical Gap left down here at 468 so it wouldn't be surprised to see lunar Trend in that direction would not be surprised to see lunar Trend in that direction spy chilling jmy chilling we chilling all right how many people we got tuned in right now 1.3k not bad not bad at all not bad at all how many people watching Josh right now 3K okay we're not doing bad then we're not doing bad we're doing all right we're keeping up we're keeping up chat Matthew made some money on the Spy call a while ago just wanted to say thanks good job Matt way to go way to go buddy whoa that was strange my ears just randomly started ringing they like just randomly popped right there that was strange that made me feel a little strange that was weird just out of random nowhere [ __ ] ears just went that's the old vertigo that's the old vertigo coming in oi dealing with dental insurance and a [ __ ] up claim that cost me 500 bucks shout out dental work not being [ __ ] covered by Healthcare that's a little bit [ __ ] that is a little bit [ __ ] would you be able to address my last Super I didn't even see it oh sorry about that man LPA this one is [ __ ] but makes moves considering an entry at 975 what is this LPA not to be confused with lpsn which is a [ __ ] piece of [ __ ] not to be confused with this [ __ ] turd all right LPA wow what in the world would ever make you want to trade this [ __ ] thing when you say 975 looks like it's bounced off of 827 multiple times so 827 is probably where I'd look but I'm going to be honest with you I would I I would not be trading this thing this this thing looks horrendous it it doesn't look good in in fact I I would go as far to say is this looks worse than horrendous I can understand your justification for wanting to enter a trade here but my man look at the percentage losses that you're talking about if it fails to hold this just to those lows that's 177% buzz cut on your trade just to these next prior lows that's another 30% and then back to these lows is 43% so you got to be really [ __ ] cautious now you got to be ultra super duper cautious if you were thinking about trading this thing especially in the face of the market being a giant [ __ ] turd making another new low of the day you've got to be ultra cautious now and then look at the vix tick up right now you're getting a giant tick up in the vix and again testing that daily Golden Cross certainly suggestive that there might be some turmoil in the markets for September just like I talked about on the video late last week and early on uh uh on Sunday there or excuse me on Monday right so it's almost like we actually know what we're talking about so going back to your stock with LPA you're really trying to catch knives on what I would argue is not a very good company or stock or business I I would heed caution to that idea my man but you do you right you do you you you make your own decisions and all that kind of stuff right you make your own decisions I'm just telling you that from my perspective like 850 is probably the best spot and any failure at 850 I would cut that [ __ ] so [ __ ] fast they would call me paper hands Jackie [ __ ] call me paper hands Jackie if I unloaded that [ __ ] so fast after trying to buy it at 850 spy another new low of the day Vicks continuing to tick up e [Music] what's going on with iwm iwm [ __ ] too not as bad but iwm is at a low of the day and now resting on the macro uh 236 Fibonacci huge massively important spot the next support on spy isn't until like 5 51 I think right I think that's what we were just talking about here spy I think it wasn't until 551 yeah 551 spy does continue to come down here look at that big dumpies big big dumpies on spy there so this is what's often referred to as a downtrend day right this is kind of why we talked about at this section over here why things started to look really shitty is because you had not one failed breakout attempt not two failed breakout attempts not three failed breakout attempts not four not five but six failed breakout attempts and with those six failed breakout attempts you stayed underneath all of the one minute EMAs and then not only that but you went High lower high lower high and with those lower highs right you had your lows your lower low and now your lower low right so very clear downtrending day on spy we had reasons to try and fight it at this level here because we knew that this was a clear area of support and we caught a couple of really good Longs that got stopped out at break even after we locked in our first little initial bit of profit right we had good Longs here that worked out and made a couple of percent points but as soon as we rejected this and made another lower high that downtrend day takes precedent and that's what leads to these sharp strong moves to the downside now and you went from 55550325 next 236 the macro 236 which isn't found until 551 so this is why we suggested that any failure at this level was almost certain to lead to downside pushes towards that 551 and that's what we're currently in the process of seeing so if spy continues to push down guys anticipate gme and AMC and Baba and root and farm and ttoo and Sim and chewy and wolf and afrm and lack lack lack and FN all of it expect it all to go down because spy going down is dragging the small cap Market with it and spy dragging the small cap Market with it is leading to the negativity and downside price action that we are getting amongst the whole slew of these stocks that we have been monitoring and trading again right guys if you watch the video that I had made last night you would have been prepared for this and you would have been able to protect yourself from these dog [ __ ] [ __ ] moves that we've seen from Spy so far now all things considered this move on spy is okay in terms of the volume the speed the momentum behind it so we do have to take notes right and taking notes includes going to spy Futures and saying that spy Futures that distribution schematic that we had outlined it sure does look like that distribution is being played out right with the utad the breakdown now we got the lpsy right near the supportive levels and then it breaks down from there now we have indicator Targets on the high side for spy they've been left on the high side for spy but because we are Distributing right now we look for the next clear area of support and the next clear area of support arguably is not found on spy Futures until this macro uh golden pocket here okay that macro golden pocket taken from the all-time high to the market crash Monday lows and you can see I've got an indicator Target right in that golden pocket so if we want to find how that translates to spy we just open up spy pull that same FIB right pull that exact same fib and then that golden pocket takes you all the way down to about 545 right 545 and you're currently at 55350 and we know that the very first St stopping point is at 551 any failure at 551 look at the giant hole that you have to fill that hole doesn't get filled until what 543 chat right where that macro golden pocket on spy and spy Futures is so doesn't that make sense that if spy continues to puke and this is distribution that the distribution likely completes at the Gap fill and this 382 down here at 543 so that's something to consider and again guys look at the vix 20% on the day so let me ask the chat box here let me ask the chat box here what is what does the vix measure I'm going to keep pounding this into your guys' [ __ ] heads every single day what does the vix measure come on Chad tell me what does the vix measure okay we're gonna we're going to blow some people's minds here chat we're going to blow some people who haven't been around here for very long we're going to blow their minds the vix is not a gauge of volatility yes you you heard me say that correctly even though it's called the volatility index it is not a measurement of volatility the vix is a measurement of 30day to expire or less out of the money put contracts on the SPX so the vix is not a measurement of volatility but a measurement of 30 days to expire or less out of the money put contracts on the SPX so if you see the vix having a 20% day what would that mean chat what would that mean if we saw the vixs have a 20% move what does that likely signal to us chat what are Traders doing in that moment yeah there you go Michael Lewis Ben L good good yeah okay good good good you guys are getting it so yeah if you see the vix Rising 20% what that is suggestive of is that there are a load of traders that are buying a lot of out of the money one month to expire or less put contracts on the SPX anticipating a move down on the Spy a move down on the Spy is going to drag every market and every index along with it including everybody's favorite small cap trades so this is why I was suggestive to you guys on yesterday's video that I was going to be exiting a large majority of my dog shitty trades that I had been making or that I had on the table right I told you guys that in the video last night I followed through on that promise so I'm cash heavy my only big trades or I don't even want to say big the only trades that I have right now for the most part other in the long-term portfolio gme Baba Grove uh ttoo and wolf so I got I got five trades I got five different things on I only have uh $200 in Wolf I have uh nothing on Sim but I am still looking at this I have like $500 on tto uh and I am going to probably add on the completion of that larger harmonic so the completion of this deep butterfly I will look to add to my position down there back at these prior lows that just makes a lot of sense uh Grove we've been holding this thing for [ __ ] ever so I'm just going to continue to hold this rout I've been holding this thing since [ __ ] all the way back down over here I've actually been holding it since here but that's a whole different story but uh yeah so root I'm not touching with this Grove I'm not touching gme I'm not touching ttoo and wolf any [ __ ] move in my direction for either of those stocks and I'm locking them in all right either of those stocks making to move in my direction I'm going to lock in profits and then I'm just going to leave Grove route and gme and then obviously our long-term portfolio so Baba PayPal Starbucks fizer uh pizza for some of you guys I don't have pizza right now but pizza and hanne and then I'm also still looking at Nike and whirlpool and the only reason I'm looking at Whirlpool is cuz Josh suggest it that's the only reason I'm looking at that thing so that's that's currently what I've got going on there chat that's what I've got going on uh SE seedman sedman sedman CI I added you as a friend on Discord buddy oh and I got you that invite too perfect appreciate appreciate you my man and then I think I miss a super chat from someone in there oh nfg Sciences nfg Sciences with the five gifted memberships you [ __ ] Legend you're a [ __ ] Legend buddy John you're always Rising me up man much appreciated John's always Rising me up in the chat box it's a birthday for dski happy birthday to you happy birthday to you happy birthday dear dski Happy Birthday to you hit the old 39 lordy lordy dski is almost 40 good stuff let's check macro time frames on spy let's see what's going on here daily RSI about to go for a test of that Center Line and the daily RSI rejected to get into that bull Zone just like I late guys listen if you don't watch the weekly recap videos that I put out on Sundays or obviously Monday because of a long weekend if you don't watch these videos you're doing yourself a disservice this video I did yesterday was [ __ ] balls to the wall bang on the money I'm telling you if you watch that 1H hour video from yesterday and then you come back and you look at the charts you guys will be stunned how [ __ ] accurate that video was including gme talking about the Ballinger band and the daily 50 so please watch these weekly recap videos man they're so [ __ ] good and I put them out for you guys so you guys got to check those out man they protect you guys from making bad decisions appreciate you guys man appreciate you got uh one thing I haven't been on fire with was uh Johnson and Johnson so I just killed the Johnson and Johnson puts so I lost like 600 bucks I think I lost 600 bucks on the Johnson and Johnson puts because we entered them I think it was like somewhere here and then we were hoping that that dividend distribution was going to lead to a sharp swing to the downside obviously didn't do that so I took the haircut on those so yeah lost lost a decent Chunk on those ones but that's all right so yeah the Johnson and Johnson was a [ __ ] one so that was a a poor trade on my end uh any call back from Morning Star well I don't have any calls from them but we can check the email again so just re up in the email here checking this out seeing if anything comes in no no emails no emails yet I'm even checking my uh spam folder I'm even checking my spam folder to see if there's anything going on there nope nothing nothing chat nothing from them yet other stocks also show that ownership issue what other ones are showing that same uh ownership issue that glitch with gme over the weekend is [ __ ] just so you guys are aware so I spent a lot of time this weekend debunking uh a lot of that chatter about the uh $32 price that people were seeing on um on the order imbalance for Friday that's that's not how that works that that's not how that works the order imbalance stuff that happened on Friday showing the $32 price it's just quotes that happen at the final 5 minutes before the stock closes for the day to get a rough idea of where that stock is going to open/close so that that glitch stuff that you saw about the $32 price and whatnot that's total [ __ ] and it doesn't it literally doesn't mean anything are those the stocks that are doing the same things you guys are saying AMC snap pltr cost Workhorse snap Wendy's all meme stocks that's kind of [ __ ] up they're all meme stocks every single one of them that's [ __ ] up spy still a huge turd here spy still a huge turd here all right spy new low of the day so continuing to go lower spy new low of the day continuing to grind lower gme resting at 23 is guys the whole Market is absolutely crushed right now now the whole thing is crushed holy [ __ ] we gained a lot of followers on Twitter from that stupid ass post today that's cracked that uh that gme post that I made guys it's already been been seen over 51,000 times the one about that morning star thing it's already been seen over 51,000 times if you report early do you avoid prison time what what do you mean report early sorry could you expand on that for me not a fan of the 4our on Jimmy what are you seeing I mean you're in the upper half of the RSI that's really good your 4H hour RSI broke through the center line that's also really good showing a lot of positive momentum you have no bearish Divergence that's pretty good we did reject a 236 but like okay so here's a good little trick for you guys okay everybody pay attention get your notebooks out Jackie is going to give you a little secret tip again all right everybody get your notebooks out all right I'm I'm for you guys did you get your notebooks out did you get your notebooks out yet chat Robin or uh Robin Robin Bieber uh is supposed to be 1,500 likes and I was going to do a $100 giveaway and a Discord giveaway supposed to be at500 that was the rules for this morning all right the secret tip is pretty simple when you guys draw Fibonacci right so when we we drew this one that implies that price has come down right and so you draw your Fib from the high to the low right and so when the price starts bouncing up right and it heads towards that 236 Fibonacci right it starts heading towards that 236 Fibonacci you only have a 20% chance you only have a 20% chance of breaking that 236 right and how did we get that number well we know that if price breaks up and tested as support and opens and closes above it you have an 80% chance of going to that 382 that 80% chance is directly derived from the 20% chance that you have of breaking that 236 so on the first test of a 236 the odds are not in your favor right only a 20% chance of breaking it so if we go over to gme this morning right we've taken a 236 from the highest high at 64 whatever to this lowest low back down here right and you can see this is our first test within this range of price action this is our first test of that 236 you can also see the first test of that 236 that happened right here and it led to a fat [ __ ] rejection right the 236 is actually right here but you get it it's a fat [ __ ] rejection before it bounce back down bounce back up and then they actually gapped it above that level so 23 sixes you only have a 20% chance of breaking it on the very first test and look it that's our very first test from this trending range of price action so that's kind of why we've seen a rejection but the rejection right we we hope is followed by another higher low because here's the deal right you've got your low your high your higher low you're now higher high so now all we really need to see is gme make a higher low and then go to a higher high but right now gme is in the process of forming an uptrend and within that uptrend its very first test of its 236 has led to a rejection not uncommon but now what we want to see is another higher low form find and build support and then push back to that 236 and we know that if that 236 is broken we have a statistical 80% chance of achieving this 382 and that 382 is where an indicator Target just so happens to be found as well so you can imagine like why we're watching this $24 236 level so important is because if we break that and start pushing up and out statistically speaking there is a very high chance chance of achieving that 382 Fibonacci again you'll actually see right here right now this is kind of a little bit difficult to show or explain but we rejected the 236 here came back down got back and then this Gap above actually gapped you through that 236 so then you had an 80% chance to get into that 382 that Gap up already got you at that 382 so it's kind of difficult to show this concept with gme but this is really my thought process right is you you're low you're high you're higher low higher high now make another higher low breaking that 236 would be another higher high which would then give us an 80% chance of getting to $29 on gme and we have an indicator Target at the very high 28 so there's reason to be hopeful that this can lead to a push on gme right so that's what I that's your little tip of the day from Jackie that's your little tip of the day there chat 25% on the vix now holy [ __ ] the vix is running it up goodness gracious all right let me check on the email again let's see if Morning Star has gotten back to me yet checking in the survey says no sir nothing in response from Morning Star so far the vix is up 25% God damn the Vicks oh and now every mag seven stock is red and look at Nvidia guys Nvidia down 9% on the day whoa that is one of nvidia's worst days in a very long time that is one of nvidia's worst days in a [ __ ] long time dude wow we're going to have to go back a long time to find 9% down on Nvidia I I think think we're going to have to go back a long way to find that wow when's the last back here I mean you've got to go all the way back to December of 2022 when we were exiting the bare Market to see a day as red as Nvidia is having right now and even then that was only 7 a 12% I don't think you've actually seen oh there you go so April 24th that was the the last time that you saw Nvidia make a 9% move down or greater and then that bottoming actually led to Nvidia making a monster [ __ ] move off those lows so we'll see how Nvidia reacts but godamn that is that is one of the worst days that you have seen on Nvidia since April and then prior to April that's the worst down day that you've seen on Nvidia in basically two plus years so that's also something that people should be noting that's not good that's really not good spy continuing to just look like a [ __ ] turd oh man not good [Music] let's a bet is a b and a back on my and I'm going head in front of the world [Music] all right I think I got to use the bathroom here again chat so we're going to leave you guys with some tunage leave you guys with some tunage I've got to add more music to this playlist we've got to add more all right tonight hold on and I've been waiting for this moment for all my life hold on hold on Game Stops rising in the air the night hold on babes been waiting for this moment for all their life hold on hold on I've seen your moves before my friend but I don't know if you know who I am well I was there at the sneeze and I saw what you did I saw it with my own two Liv so you can wipe off that grin I know where you've been it's all been a black Li oh I can feel it coming in the A tonight hold on on hold on I've been waiting for this moment for all my life hold on hold on getting stop rising in the air of night hold on on hold on he been waiting for this moment for all their life hold on hold on I remember I remember don't worry how could I ever forget it's the first time the last time we ever met but I know the reason why you keep this silence St but you don't fool me the H doesn't show my St to close oh I can feel it coming in night hold on hold on I've been waiting for this moment for all my life hold on oh gate stops riding near the air night hold no hold on Ain been waiting for this moment for all that life hold on hold [Applause] on hold on hold on [Music] [Applause] [Music] [Applause] [Music] oh I can feel it coming in the air T night hold on hold on a been waiting for this moment for all their life hold on hold on I can feel it coming in here tonight hold on oh Lord they been waiting for this moment for all their life oh on [Music] oh oh [Music] [Music] [Music] watching you it's feeling I traded my day job to white color traffic you watching you oh cuz we F hit it strapping into your rocket AMC golden ticket you watching you wa it's happen I traed my day J to kind of D you watching you cuz we hit it strapp into your rocket AMC gold ticket you drop when they F you got to be patient don't drop on the bait that's trade Basics buying I the load them shares get the racing my heart be pumping you got to place it you watching you wa cuz F to happen I traded my day J today training tra you watching you ho cuz me hit it strapp into your rocket AMC ticket you watching you cuz Happ I traed my day J today trading Trapp you watching you ho cuz we feeling hit it strapping to your rocket AMC go ticket you jump on they F you got to be patient don't drop on the bait that's St tra Basics buing at the Lo them sh get the RAC my heart be popping you got a place you watching you wait cuz feel Happ I traded my day job today tra tra you watch you cuz we feeling he stpp into your rocket AFC golden ticket tools in the [ __ ] yeah I'm a user B just B abuser between and Jimmy hard to be choosing Market they trapping and making music locked in my position and ain't feeling losing you watching you way it's going to happen I traded my day job today traing tra you watching you ho cuz we feeling H stra into your rocket AMC golden ticket you watching way cuz Happ I traded my day job today trading tra you watching youc oh Al righty chat alrighty so final hour and a half left in the day Nar kill Nill are you killing uh Nvidia or are you getting your are you getting your balls kicked the AI spread yes I hate you all I I hate you all so I'll just leave that on the screen for people who are asking about AI what what what uh what's what Daddyo what what do you need Daddyo sorry what do you need roast the ghost that's what we call Romo my man that's what we call Romo you're scared don't be scared you said you hate us all no you're okay I guess sto we I can beat you up later if you want I wish I knew you just six months earlier that's a lots of people say that and then they listen to me talk for like a month and then they're like now I wish I didn't know [Laughter] you did uh did any of you guys watch uh any of the new Call of Duty any of you guys watch or play the new Call of Duty uh not the leak the beta or whatever it is that they got going on did you guys see that I was uh I was listening to Nick mk's talk about it I was listening to Nick mk's talk about it and I was watching him play for a little bit and he actually hates the Call of Duty franchise now and uh he actually thought that it was pretty good so I'll have to check it out the zombies looks [ __ ] cracked bro but I'm going be honest with you I haven't liked a single zombies since ker toen uh well okay no hold on so Alcatraz was okay actually Alcatraz was pretty good uh but other than Alcatraz the last big zombies game that I played was uh Kino der toen that [ __ ] was cracked as [ __ ] bro Kino was the best zombies map of all time and it's not even [ __ ] close it's it's not even close nope don't like ascen oh what's the train one I actually really like the train one too the train one was actually pretty cracked too what is what was the name of that one do you guys remember that one Transit yeah that's the one yeah Transit was really [ __ ] good I actually really I played the [ __ ] out of Transit too I played the [ __ ] out of Transit Transit was a [ __ ] yeah bus sorry not train bus thank you no Transit was lit Transit was super lit no I didn't like the moon I didn't like shanga dude I'm I'm I'm telling you guys I I played more on Kino than any other I there's nothing that I played more than Kino zombies maybe Guitar Hero maybe Guitar Hero other than Guitar Hero 3 uh I I've probably played more Kino than any other video game thing ever Kino was so [ __ ] sick Bro I never played origin uh I didn't really like Ascension I'm trying to remember which was the one where they uh put you in like the CIA or the FBI or the president like the White House thing what's the one where they start you there you get like some [ __ ] ass gun and yeah so I didn't like that one either five I wasn't a huge fan of that one either but that one was okay that one was okay a Vos Airship AI thoughts it looks like [ __ ] but long-term Port NN same question Airship AI oh my sweet Jesus I wouldn't touch this thing until it got all the way under $2 until it's under two bucks I really wouldn't be interested in this thing you're below the golden pocket you've got a giant hole to fill here doesn't look very good no bullish Divergence not really much to be ultra excited about there was something to be excited about here because you did have this giant [ __ ] wedge and that led to that nice little pop 70 80% was pretty good but other than that which has already kind of played out I don't really see much to be overly excited about on this thing for now I don't see a whole ton that has me overly excited about this uh NN on the other hand now this is a nano nuclear energy stock there's been a lot of chatter uh about these uh nuclear and energy stocks um I mean you're you're finding support at the golden pocket which is really good right so that golden pocket is the very clear area of identifiable support that you want to see this thing hold right so you do not want to see this stock go any lower than that golden pocket any lower than that golden pocket and NN is going to be in big trouble uh but from the sounds of it there was some news that came out this weekend regarding uh nuclear energy stocks and I was seeing a shortage about something I don't remember exactly what it was but I was seeing uh something about a shortage on some nuclear stuff so perhaps that's kind of got the market a little bit spooked on some of that new uh oh that was uranium yes you're right thank you run for it B thank you thank you for correcting me so that was not nuclear that was actually uranium thank you for correcting me about that yes that was actually what I was seeing was uranium not nuclear so thank you so part of the reason that you were kind of seeing Nano nuclear energy here down is just because energy stocks are kind of getting crushed today so we have XLE right which is our spy sector for energy stocks and this sector is one of the worst on the day uh the only one that it's currently not outperforming is the tech tech is the other one that's getting absolutely slaughtered today so that's part of the reason why we've seen NN have a drop but with that being said energy has bounced off of its daily 200 period moving average and NN has bounced off of its macro golden pocket so if there was ever an opportunity for this thing to turn and burn this is the area that it's going to do it in but it's very very risky very risky and again like you'll you'll hear this and my theme for this whole week and for the month of September lots of these things are going to be really risk on because the market doesn't appear all that happy right now and because there's a lot of risk on you've got to be very very cautious and very selective of the trades that you were looking at and you only want the best setups and there isn't really much of a setup on this thing and there isn't really much of a setup on this thing either so I would just say be very cautious and like I said be very selective about the stocks that you're looking at trading all right but thank you very much AOS I appreciate you my man and thank you for all those funny Rick and Morty Comics really appreciate that no guys listen I like buying things when they're red as much as the next guy but just because they're red doesn't mean that it's necessarily A buying opportunity you don't want to catch a knife on this thing it could come all the way down to the Daily 200 and again part of my belief on this is spy has broken a clear area of support that clear area of support that's been broken should lead to a move all the way down to 551 and then a failure of 551 is going to lead to a push all the way down to 543 and a push to 543 is going to drag Nvidia under $100 and then things start to get really spooky right because then like look at Tech today look look at Tech the NASDAQ is down 3% full body Candle on the daily down 3% at a low of the day right then you head to the Spy select sectors spy select sector having a minus 45% day chat that's some of the worst candle and movement that we have seen on the Spy select sector for Tech in a [ __ ] long time time you have not seen a minus 4% on the Spy select Center God you're going to have to go back a long way to find a 4% down day on this thing like you're going to have to go back a long way no man like the biggest one I see so far is right here minus 3.75 so you have to go all the way back to right when the market bottomed and started breaking that bearish uh 2022 bare Market you have to go all the way back there to see a day where the tech stocks uh for the Spy select sector has had a down day as bad as today's is so far that's not good because at least with all the other down days they were manageable this one is bigger than any anything that we have seen in the last two years that doesn't exactly speak to the strength of all of the tech stocks so do I think that stocks are a buy the dip opportunity eventually but not today I don't think there's any reason for anybody to consider longing anything for now until the market gets Clarity from that data that we're all waiting for right because everybody's waiting for the data right everybody's waiting for that data to come in right which is your your services uh PMI data right and then you've also got the the jobless thing happening on Thursday and then you've got non-farm payrolls on Friday so there's some really important data that's happening this week that if it's not good the market is going to react very poorly to it but the lower that the Spy goes the better the dip buying opportunity will be but no I don't think that dip buying opportunity is presenting itself today more memes coming but got IRL [ __ ] for next few weeks don't worry about it man appreciate your hard work and appreciate what you do for the Discord any other nuclear stocks uh not not that I can think of off the top of my head not not that I can think of off the top of my head uh the other ones that we were looking at were uranium stocks so for some reason I keep messing up uranium uh with um nuclear I don't know why I keep doing that but it's fine wow yoy down 8 and half% today holy cow so many stocks are getting [ __ ] punished today IEP under $13 now [ __ ] ffi down 30% let's go let's go [ __ ] off ffie bag holders of the World Unite right I mean there was somebody that was talking about buying this thing at $6 to $7 if you listen to that somebody you're currently down over 50% Mega trade man huge so sick I'm I'm watching Sim just like the rest of you guys right I'm watching Sim just like the rest of you guys but rather than just fomo into an entry because it's down bad or gone to the area that we wanted to see it in right you don't want to just catch a knife and this is several straight days of this thing going straight down so rather than try and catch knives you want to wait for some Clarity right and if the market keeps acting like a piece of [ __ ] SYM is not going to be immune from that so this is why rather than just fomo in right we want to be selective about the trades that we're taking now and I like this I think that there is a lot of opportunity on a trade here but rather than just fomo in and then just have this thing continue to Knife Down Right I'd rather see it show some level of reactivity show that it can find support here then look for that long opportunity into that Gap fill towards these indicator targets and make a bunch of money but that moment in opport that moment in time and that opportunity has yet to present itself yet it is at the area that we wanted to see it in that's phase one now we need to see it consolidate and put in some bullishly Divergent touches or at least show us that it has the potential to make a reversal all right spy breaking down below 553 now that's another new low of the day day on spy that's another new low of the day on spy all right sorry I was just reading some of the questions and comments in the Discord there gme is still hovering right around that $23 range every stock is absolutely [ __ ] cooked everything is [ __ ] cooked let's go look at the gme order flow here no extra 100K orders have come in so far since we are filtered by those let's go back to 10K there hasn't been anything on the bullish side lately I it feels like the options chain has just died because this has been at like 13 million for the last two hours now spy breaking down another new low of the day spy with another new low of the day here chat so spy continuing to break down again the expectation is is that you're going to hit this 236 at 551 how's lunar doing now lunar still chilling lunar is still chilling what does GDs not even losing 1% yeah but it's it's just a stock that nobody's really trading Denver so that's why you're not really seeing much of a reaction out of it it's just not really a stock that a lot of people are trading but you're getting what you want to see we talked about this head and shoulders you're getting exactly what you want to see now not only that but you're putting in multiple touches of bearish Divergence off of these highs right on the 4 Hour that's arguably a fat Touch of bearish Divergence between those two highs right from oversold to back in the bull Zone it's sketchy it's sketchy spy really getting sketchy now spy getting real sketchy spy just not good man spy not good the vix is got to be ticking up with that too yeah the vix is at a high of the day vix at a new high of the day look at it coming off of the back of that Golden Cross that's not that's not pretty for for the market that's not pretty man that's not pretty at all how satisfied are you that you got all the yard work done this past weekend oh man I'm through the [ __ ] roof I'm through the [ __ ] roof about it that was a lot of hard work we're almost done so we only have to um we have to build the shed so we built a little concrete pad and [ __ ] for it so now we just got to put together the shed on top of that concrete pad but if you guys didn't see I don't know if you guys even give a [ __ ] about this but this is the old yard work that we were putting in this week so got the lawn all [ __ ] striped out and then uh now it's pretty sick right pretty sick and then I got all the black mulch put into our uh little gardening bed here so that was pretty cool that was pretty nice and now it looks all pretty then there's our back flower area so pretty cool pretty cool pretty happy with that got lots of stuff done this weekend so pretty happy and then this guy happy birthday to Marco he got his birthday cake look at that TG and GG's on the on the birthday cake that's pretty cool that's pretty cool so I thought that was cool shared that on the old Twitter Twitter this weekend was a [ __ ] blast what's going on here what why is this guy what okay that's pretty Sound Advice right there folks that's pretty Sound Advice spy another new low of the day spy with another new low of the day chat unreal I traded my day job today trading d you watch you cuz we've been a strapp to your rocket AMC golden ticket when was the last time run Jimmy run was played on this channel literally this morning true story literally this morning doc tweet like doctor disrespect really [Laughter] okay guys it's it's a joke calm down it it's a joke try try to take it rather than a dick [ __ ] weirdos now you guys just Twitter I mean Twitter is so filled with so many [ __ ] weird lamos there's got to be a 13 count on this thing foring out here really okay Bing just AB between MC jimy hard to be choosing you want away if happen I traed my day J today trading tra do you see a butterfly that just completed on spy 30 minute time frame okay no no I don't see a butterfly could be a shark but I don't see a butterfly no it could be a shark but that shark completed right there if it were which I am not convinced that it is just FYI but yeah there could be a big shark there but no I don't see a butterfly I do not see a butterfly all right so we've entered Power Hour chat we are now into Power Hour so we have officially entered Power Hour Sim with a beautiful bounce off of those lows so far that's what we're looking for that's the level of reactivity that gets me excited that's wonderful 4 and a half% move off of those lows that's wonderful so that's kind of beginning to show phase one of this harmonic completion what are some other random stocks that we looked at throughout the last couple of weeks guys what are some other random stocks that we've been looking at over the last couple of weeks Jackie I'm looking at buying a house any advice for a firsttime home buyer that's not Financial advice budget budget budget you want the honest truth is I've never bought a house before I've never been in a position to buy a house before I met my wife uh after she had owned her house for a long time so uh somewhat blessed in that sense but I've never purchased a house I will be I will be soon is hav't decided what we want to do if we want to buy our Ranch first or if we want to buy some property just to have for like airbnbs and [ __ ] so we haven't really decided what we're going to do quite yet but but yeah I've never bought a house before yeah no you want the honest truth man Josh is a [ __ ] Legend when it comes to home buying and [ __ ] like that he's actually really good at kind of giving people at General rundown and stuff because that's kind of his area of expertise so if you want my honest opinion and if you're looking for stuff related to homes like for advice relating to home buying and interest rates and all that other stuff I really recommend that you listen to Josh Josh is a he is he is a genuinely very intelligent man and he has genuine compassion for the people that ask him these questions just don't be a dick but if you treat Josh with respect he'll give you some really [ __ ] good answers regarding home ownership what do I think about canopy growth or canopy core or GC is isn't that what they are canopy growth or growth oh gold what do I think about gold gold to the Moon you [ __ ] sorry I'm so used to looking up the gold ticker for GLD I'm normally looking at that ETF or the xauusd one I always forget the GC is gold you're doing all that yard work on a rental no that's actually our house that that yard work that we've been doing that's actually our house it's I just I I didn't buy it with the wife she she owns that house so but but no that that work that we've done is on our own house yeah yeah exactly closer to a Jesse Livermore than a day trader there you go that's a good comparison yay I'm only down 4K now for catching Nvidia knife kind of harmonic got on Sim it's a gartley that's a gartley no for sure uh our our plan is to really just save as much cash as we can for now because I do anticipate that a lot of this [ __ ] that's going on with the housing market and how real estate seemingly goes up only that [ __ ] can only last so much longer now historically housing does go up only but in the midst of up only there has always been little retracements in the middle so I think that the smartest thing to do when looking at buying a house at least for my own personal perspective right now is I'm just going to be patient and continue to stack up cash right I'm going to continue to just stack up cash and then if there ever is a little bit of a market retracement or if we see the housing market does come down a lot that's where General generational wealth will be built right by buying these homes or buying these houses or buying these stocks after everything comes down a lot so that's kind of where I'm at with regards to housing and whatnot I'm still looking at land like regardless we're still looking at land out in BC we just haven't decided where we're going so so there's a couple different places that we're looking at uh in BC there's a couple different places that we're looking at here so we're looking at uh couple different areas one of the first areas that we're looking at is down over here in the uh Southeast corner so that's like your cran Brooks your Fairmont your windir inir your um there's another one that I'm missing in there like your Canal Flats kind of area so that's like your Cy area so that's one place that we're looking and then we're looking in like the Colona Penticton ause Vernon like that kind of area so more like the Oak and aen and then we're looking up a little bit north of that around the Salmon Arm Rebel Stoke like that kind of area and probably not much further uh we're going to be focused on this zone right here this is where we're looking at buying some land or some property in BC but kind of want everything to just come down a little bit first yeah the crow Nest pass is beautiful man my family grew up in that area right around it vix is up 30% now holy [ __ ] yo the vix is going crazy bro the vix is crazy look at that magd cross that's about to happen on the vix daily to godamn that cross is going to happen right [ __ ] near the center man I don't think you've actually seen that in a long time it's been a long time since you've seen the Vicks have a big sharp swing like that and then have a cross happen right near the center after I I guess the last time that you could say that that kind of happened was maybe here that's June of 2022 that was just before the market had that massive [ __ ] sell off wow that's man the vix the vix looks like it's going to [ __ ] melt the the vix looks like this [ __ ] going to melt straight up daily Golden Cross RSI through the center in the EMA MCD about to cross right near the center you've got like nine different warning signals being like it's going to explode Josh grenad never be sorry man never be sorry the vix being up is not good for gme I I don't know where that idea came from it wasn't me but yeah the vix being up is not good for gme people just have this weird thing where they think that gme is going to cause the Spy to crash and so they think that if the vix is going to explode it's gme that's causing the market crash even though it has really nothing to do with what's happening right now the reason that the market is pushing down is because the market feels like tech stocks are over evaluated and then you've got the September seasonality kind of already beginning so you're already kind of starting to see uh how those things kind of go together but you're seeing people move out of tech stocks that's that's all you're really seeing happen that's why you're seeing Tech down so bad while some of those other sectors are remaining somewhat elevated best Bitcoin stock Bitcoin that's that's the truth I I would rather own the asset than I would buy an ETF of it that's that's my own personal opinion I would sooner uh buy the asset than I would buy an ETF I asked you guys for some of the stocks that we were looking at before what were some of those ones gay [ __ ] yeah we can look at gay [ __ ] gay [ __ ] down 1.5% today nothing serious root hims there's a good one him's almost at that harmonic completion getting close oops spy breaking down more gme has done nothing I I I really truly mean nothing holy [ __ ] I didn't even have my liquid IV this morning morning what the [ __ ] yo we are slacking like a [ __ ] right now do you mess with dividend ETFs uh no not particularly not yet how about that I haven't yet Elon started talking about Doge again from back in G back on my feet and I'm going to my head in front of the world [Laughter] [Music] meme game [ __ ] mad strong what is again got to say [ __ ] it let's just look at ffi again isn't it fun to just look at this stock being down 30 and a half% on the day isn't that awesome [ __ ] yeah [ __ ] you ffi you [ __ ] turd suck a dick [ __ ] Pumpers more that meets the eye [ __ ] Pumpers robots in Disguise Do Hast Do Hast Mitch Do Hast Mitch don't worry I got my little Ramstein all loaded up don't you [ __ ] worry I got my Ramstein fully jacked [Music] up well there could be a big bat but man or excuse me a butterfly but man that's going to take a while for to get down there that was a long way higher lows higher highs that's all good but then this made its first lower low and that made its first lower high so now you might begin to start seeing a little bit of shift in Trend so my first initial Impressions on this thing is it's doesn't look great pull a macro Fib from the alltime high to the all-time low you're right at that macro 382 so 665 is going to be a big spot going forward for sure 665 going to be a pretty big spot going forward but don't really have too much to say about this thing big gap down little deadcat bounce off of it no indicator targets left on the high side I don't know I don't really I don't really see much that gets me overly excited about this thing looks like it kind of did the same thing here with a gap down come back double top and then dump gap down come back double top dump I don't know I don't really my first initial impression of looking at this thing is I don't really like it good bullish Divergence off of those lows but you've already kind of propelled out of out of a move on that so do we have Chipotle in Canada yeah I just found out about this but yes we do there's actually one in my small little city surprisingly enough so I'm gonna I I actually promised some people in the Discord that I was I've never had Chipotle before so I promis people uh that I was actually going to do like a live reaction of me having Chipotle for the first time I thought you guys would kind of find that funny so lots of people opinionated about Chipotle yeah it's uh man what's what's your guys's like goto fast food like let's let's say that nothing matters don't care about health don't care about all that other stuff what's like your goto like you're feeling like a piece of [ __ ] and you're like I want to eat some fast food what's your goto fast food Tim Hortons why do you hate yourself Five Guys Chipotle Culver I've heard a lot of good things about Culver Sushi Inn out Chick-fil-A seen Chick-fil-A a couple of times there you better be joking Pizza Hut just had it for the first time in like 10 years this weekend I had a Pizza Hut pepperoni pizza Pizza Hut's not as good as I remember Pizza Hut's not as good as I remember we had five guys we have five guys like once or once every like two weeks and I really likeed Five Guys I think Five Guys makes a [ __ ] amazing Burger I think Five Guys has one of the best [ __ ] Burg in the game man Five Guys is the tits if I had to pick my own personal fast food place like where do I want to go when I'm feeling like a piece of [ __ ] and just want to order some food uh I think Wendy's is my go-to I I think Wendy's is my go-to I think I think Wendy's has some of the best burgers in the game I I think Wendy's has some of the best [ __ ] burgers in the game Dave's double goated see my man gets it my man just gets it I like uh from Wendy's I there's like three burgers or like chicken things that I really like so I really like the cheesy cheddar burger so if you've never had the cheesy cheddar burger it's like the equivalent of like a McDonald's cheeseburger except they put a whole bunch of like cheese sauce on it so I really like the the cheesy cheddarburger uh I really like the Dave's double or the Dave's triple the double or the triple from Wendy's is just Chef's [ __ ] kiss and then the spicy chicken sandwich the spicy chicken sandwich from Wendy's is undefeated and if you guys have never done done this I'm going to give you the best secret to Wendy's in history I'm going to give you the best secret to Wendy's in history put put your uh spicy chicken sandwich in between a Dave's double put your spicy chicken sandwich in between a Dave's double and then thank me later once you have the greatest moment of your [ __ ] eating life yeah fries in the frosty I can roll with that too dog fries in the frosty I can roll with that and then listen listen listen listen if Wendy's is closed if Wendy's is closed I'm walking my ass across the street to McDonald's and I don't care what none of y'all say I'm going across the street to McDonald's and I don't care what you say McDonald's might be the most hideous piece of [ __ ] but bro there's some about McDonald's burgers that just make me feel like a man you know what I mean M McDonald's burgers just make me feel like a man but let me tell you something let me tell you something where am I Boomer gang at because my Boomer gang will never forget that McDoubles and double cheeseburgers used to cost a buck 39 where am I Boomer gang at that remembers MCD doubles and double cheeseburgers being a buck 39 on the value menu dog double cheeseburgers are like five [ __ ] dollars now and McDoubles are like [ __ ] four bucks like what what happened to McDonald's bro holy [ __ ] man I went there the other day and I was like no I'm just not gonna I'm not even going to bother cuz that's [ __ ] crack dog I remember walking into McDonald's when I was like like 18 19 years old and I remember ordering 20 McDoubles and it costing like $30 and you could feed an entire [ __ ] family plus give your entire family historical reference to having heart attacks bro I remember when you could walk into McDonald's and load up on double cheeseburgers and be like bro I'm full I I ate like four double cheeseburgers and I'm good for the rest of the day [ __ ] it's $5 a double cheeseburger now that's [ __ ] up that's [ __ ] up I don't care what nobody says I'm still going to eat that [ __ ] [Music] but no man double cheeseburgers being five bucks is [ __ ] up it's [ __ ] up where's you know what another place that used to be really good value that is no longer value anymore Burger King how many time how many of y'all back in your high school in college days rolled up to Burger King to get the the little Junior w for like a150 how many of y'all remember those little Junior Whoppers for like a buck 50 or a dollar bro like I remember that [ __ ] like it was yesterday and I remember going there all the time to get those Junior [ __ ] Whoppers man and now Burger King is probably the worst Burger Joint I I think Burger King is is has a run for the worst burger joint I'm trying to think of what other burger place would give them a run for their money for the worst Burger Harvey's yep good one good one Harvey's Burger that's another dog [ __ ] one that's fair what's another one what's another one Hardies we don't really have very many Hardies in in in Canada is is Hardies like that's basically Carl's Jr right is Carl jr/ Hardies are they are they doggy doooo White Castle do Americans still go to White Castle we don't have them up here well we might have like one or two but we don't really have White Castles up here do do people still go to White Castle damn okay wow there's a whole bunch there's some great answers in there chat holy [ __ ] there's some good answers in there no Dairy Queen is the [ __ ] I don't I don't care what anybody says Dairy Queen is the [ __ ] Burger King is junk but Dairy Queen is the bomb Dairy Queen when they have those flame grilled burgers bro H oh Dairy Queen is the absolute [ __ ] man I I love Dairy Queen I think Dairy Queen's a bomb speaking of which A&W does anybody go to A&W anymore do you guys have like do you guys eat A&W anymore A&W is one of the most unique tasting Burgers but I think A&W is the [ __ ] [ __ ] too I actually really like A&W Dairy Queen has the best uh best onion rings hand down not close Dairy Queen has the best onion rings and it's not close I think A&W has the worst onion rings they have the fattest [ __ ] onion rings with the worst batter on it I I'm not a fan not a fan of A&W uh A&W um onion rings I think they're terrible 10 million gme volume today hey no [ __ ] look at that that's pretty impressive 10 point 10 and a qu million shares traded on gme today spy about to break to another new low of the day gme order flow not much to say here relatively unchanged man we don't have an In-N-Out here we've got to [ __ ] get an In-N-Out Burger man you I the one the one there's like three burger joints that I see Americans talk about consistently there's three burger joints that I see Americans talk about consistently uh Shake Shack Inn out and what's the other one that I'm missing you just and Culver Shake Shack Inn out and Culver I see you guys talk about those all the time and we don't have those I don't think we have any of those here I heard that Shake Shack is really expensive I heard Shake Shack is really expensive I do see waterburger talked about a lot water bger talked about a lot is Culver's like only in Texas is Culver's like a Texas thing or do they have that kind of like everywhere I see people talk about can's can's chicken too lots of people talk about kan's chicken Wisconsin they're Wisconsin based oh okay okay okay what's the one I'm thinking of that's in Texas what's the one with like the blue the blue logo isn't that Culver's what's the one I'm thinking of guys is it waterburger that I'm thinking of it might be yeah it probably is water Burger what's the what's the orange sign one there's one that has an orange sign what's the one with the orange sign which is that one there's a burger place that has like an orange sign in a in an orange circle that's Water Burger okay that's the one I'm thinking of yeah Water Burger was the one I'm thinking of I see lots of people talk about Water Burger like lots of people talk about Water Burger okay if you had to compare Five Guys Like if you had to compare a burger like Five Guys what's another fast food joint that has a burger like five guys would you say waterburger is similar to that would you say waterburger is similar to the ones from Five Guys or sh okay you guys are saying Shake Shack okay no you guys are saying no you guys are saying no to that okay okay okay Shake Shack okay that's the one I'm seeing the most answers of Shake Shack is similar to Five Guys okay that's fair man when the wife and I come down to America y'all going to have to show us man yall going to have to show us when the wife and I come down to America y'all are going to have to show us the way of the American Burger y'all going to have to show me [Laughter] man what's the what's the best place to visit in America wow there's a generalized question what is in your opinion the best place to see in America could be a state could be a city could be a town could be a monument what do you think what's the best place I've been to Florida a lot I've been to California once I've been to Texas for like 30 seconds for a layover wow so many different I see lots of people saying Colorado I see a lot of people saying Colorado I see a lot of people saying Compton so y'all want me to smoke legal weed and then get shot up with a bunch of drug dealers I appreciate that thank you for looking out for your Canadian brother appreciate you [Laughter] [Music] guys I've been watching this guy on YouTube that rides around his little like electric dirt bike thing you guys heard of those those like sirons or those those e the Eide things I watch a guy who rides around that [ __ ] uh one of those Eide Pro things he rips around downtown LA I've been watching that man is La really that dirty like is Downtown LA really that dirty cuz when I see him ripping around on that bike man holy [ __ ] bro I never seen [ __ ] like that in Canada I I never seen like literal piles of garbage in back alleys and on the side streets and [ __ ] that shit's crazy uh I did I watched a video with the wife last night about Arlington Texas I heard that Arlington Texas is the uh the the one of the best cities in all of America I heard that it's like some of the most fit people in really good shape not really much in the way of fast food out there is what what do you guys think about Arlington you don't like it I know that that's where their baseball team is situated right the Texas Rangers I'm pretty sure they're in Arlington aren't they I I heard Houston was kind of sketchy is that am I wrong in thinking that Houston's kind of sketchy uh spy new low of the day spy with another new low of the day gme just kind of chilling not much to say right now okay okay okay okay let me let me ask this very generalized question what is in your opinion the best city that you have visited or been to In America I'll give you the I'll give you the best one for Canada I'll give you the best one for Canada that I've been through so Calgary Canmore and then the entire Okanagan of British Columbia so Colona Aus Penticton Rebel stoke the shwap those are the best best places that I've ever been to in Canada I want I want Beach I want Beach for Noel Leon I want Beach Winnipeg no Winnipeg is no you don't want to go to Winnipeg trust me lots of you guys I see a lot of answers in uh in California I'm seeing a lot of answers in California surprisingly enough San Diego has showed up like nine times on this list so far lots of you guys very bullish on uh lots of you guys very bullish on San Diego Charleston South Carolina I've heard the Carolinas are a lot nicer than people make them out to be is is that a fair assessment are the Carolinas a lot nicer than people kind of make them out to be yeah cuz I I like the what's that guy's name I like that Peter santell guy if you guys have ever watched uh Peter santorello on uh or santanello sorry if you guys ever seen this dude he had some videos uh early this summer where he actually went through the Carolinas and I was genuinely surprised how nice it was I I was actually really surprised how nice the Carolinas were I I was really really surprised so that's kind of why I asked you guys I it actually looked like it was very very very nice but yeah he actually had a video somewhere in here where he went through the Carolinas and it was excellent it was really really well done when I went to uh Florida we've been to Orlando Miami Fort Lauderdale and where's the space station cuz we went there too where is the space station at cuz I don't remember Jacksonville is that what it is Jacksonville Cape Canaveral there it is thank you so yeah I've been to Cape Canaveral Fort Lauderdale Orlando and Miami those and I've never been to Tampa Bay but I've heard that Tampa is really [ __ ] nice cap capee canaval was really cool we did like the whole this is when I was way younger so I don't remember a whole bunch of it but never been to Vegas either never been to Vegas either clear waterer Florida I've heard Lots about that too yo Miami Amy guy oh my God K I'll I'll give you guys the the [ __ ] craziest [ __ ] so we were we were in uh Miami for like a 3-day layover uh before we had to uh grab a flight back home this is this when I was like 18 or 19 I think uh just before my parents had [ __ ] split apart and uh we went to a Miami Heat game bro I I will never ever ever ever ever ever ever ever forget that moment in my life I I I just I promise you I will never forget that moment in my life we left that Miami Heat game at probably like 8 9:00 at night and it took us three hours to go five miles it took us 3 hours to go 5 miles I never [ __ ] seen that in my life before where traffic was that jam-packed and then we told our [ __ ] we told the guy that was giving us uh the the uh cab ride we were like ah we're just going to get out and walk back to the hotel and he I'll never [ __ ] forget this bro I'll never [ __ ] forget this he turns looks back at me and he says if you want to die get out of this cab that that has stuck with me every single day since I was just a little kid man and the reason being is because when we finally got out of the traffic jam where that Miami Heat stadium is versus where all the hotels and [ __ ] are at holy [ __ ] bro I never seen [ __ ] like that in my life you have to remember I'm like a 18 18-year-old white kid that never [ __ ] seen anything outside of Canada and driving back from that Miami Heat game in the cab going through those neighborhoods before getting to our [ __ ] hotel hly [ __ ] that [ __ ] has stuck with me since since I was just a little kid man so spy got to our 551 indicator target folks spy got to our 551 indicator target folks imagine that look at that 551 on the old spy so if we pull a fib that's going to be your 236 look at that there's your 236 look at that chat 551 just like we discussed right you lose that zone that thing was likely going because there's no liquidity here right to 551 you could have made $2 down on a short rate there right easy peasy for yeah spy not good man spy not good holy [ __ ] spy really not good like spy really not good down 2 and a half% on the day woof with the Vick up 30% woof not good chat not not good not not good Tyler hypothetically if gme goes back to the 1918 range would you say that the rounding top would have been completed no no uh now you've you've eliminated whatever rounding formation we were waiting for here again I I warned everybody about gme not going up all day today because we talked about the Ballinger band we talked about the daily 50 and we said that when price action exceeds that Ballinger band we should anticipate it coming back in the same thing that we talked about with this area of price action back here so this is not all that surprising to me like in my opinion this is not all that surprising to me all right so that's what I would say with regards to gme there Tyler if it gets back to that $819 range it's just it's just going to be a very a secondary retest of that very clear area of support I don't know that it's going to get back down there but we'll just wait and see and just read and react in the moment but the nice thing about is the daily did leave an indicator Target on the high side back at 24 15 so there is an indicator Target at 2415 that's been left on The Daily time frame at least so far so we'll see spy yikes that's ugly that's super ugly it's literally gone down all [ __ ] day that's that's so cracked literally from this morning's opening bell straight sell off look at that look at how many look at how many points You' sold $13 almost $14 down on spy that's one of the worst days that we've seen since that market crashed Monday like that's literally one of the worst days that we've seen on spy since the market crashed Monday that's cracked super cracked not not looking good just not looking good all right we've got 15 minutes left in the day 15 minutes left in the day guys everything looks cheap when the stock go down all day completed harmonic on what sorry dxy uh no still has lower to go still has lower to go lower [Music] lower Hayne has done exceptionally well today 5% on the day long-term portfolio loving that not loving the rest of the price action that's all right good job band of bledo good job man way to go no I don't think spy is going to get the uh end of day Unholy V I don't think so not today gme needed to chill today exactly exactly see people are picking up on this now you guys are getting it you just need a little bit of a chill day man we never check back in on the emails and [ __ ] let me do that all right checking in on the email see if Morning Star emailed me back no no email back folks so for those of you that answered no mail back you guys nailed it man you guys nailed it no email back from Morning Star Jim Kramer tweet what's [ __ ] Kramer tweet holy [ __ ] holy [ __ ] cherry pick stats Batman goodness gracious today could be the first 2% drop on the S&P 500 on the first day of a new month bro that is the most cherry-pick stat I've ever [ __ ] seen holy [ __ ] gme back above 23 checking in on the order flow here couple 100K orders right here $20 strike calls looks like they might be rolling them to sell rolling to sell these 20 strike calls for 10 days to expire that's what that looks like to me looks like they're selling 20 strike calls for the September and they've moved away from the three-day to expire into the 10day to expire that's what it looks like to me those 60 strike calls let's see how those are getting along uh almost 3/4 of a million dollars now on the 60 strike calls let's check in on the net flow because it's easier to visualize all the movement here almost $2 million a bullish flow on the January 20 strike calls and then short dated uh September 13th strike 20 strike calls are being being sold for a net negative uh premium of $500,000 and then those same weird 13 strikes I don't know what the deal is with that then the 60 strikes have a net total of just about half a million dollar so there's a lot of money here today on gme a lot of money today on gme Wow spy spy oh my God nice good job boosted monkey dude it be like that yeah no email back from them that's crazy man spy so rough all right I think it's time to smoke up I think it's time to uh hit a little bit of the smoke where's my lighter I don't know oh there it is aha r i l y why are you guys [ __ ] going crazy about this thing double bottom I guess maybe the uh the illegal type of smoke well it depends where you live because this is legal smoke for me but for you Americans some of you guys it might not be legal smoke the 4 billion shares thing from Morning Star yeah we don't know what's going on with this that glitch is still being displayed on Morning Star we don't have an answer answer for that I've not gotten a call back I've not heard anything about this so far yeah never heard back from them that's crazy did Kramer really call the bottom I don't think so vix is over 30% now wow look at the Vicks holy moly that is a candle chat holy smoker that is a candle cracked cracked cracked cracked cracked cracked that's a massive candle 32 12% and a a single day on the Vicks that is not [ __ ] playing man alrighty I dude the vix is cracked gme resting at 23 everything guys is just bloodshot red everything is just so [ __ ] it's just so [ __ ] up right now baby by by by byebye don't want to be a fool for you just another player in your game for two okay let's check in on the gme IV was 109 earlier this morning than at 104 since the last time we looked now gme's uh IV now underneath 100 so you dropped about 9 points from the high this morning not surprising after this lazy dog [ __ ] garbage volume price action kind of putting in a little sketchy Head and Shoulders not a huge fan of that but it's fine spy back to 561 after hitting 549 bgfv is motionless yeah why why are you guys obsessed with Ry it it's literally up 12% and and I promise you that very few if any of you guys have entries on these lows probably lots of people holding from up here and lots of people holding from over here so I what why is everybody all of a sudden so interested in Ry what's what's the deal the vix is just rocketing it's literally rocketing into the close r i l y now up 16% from the low of the day R iy is actually up over 23% that's pretty impressive even putting in a bullish daily engulfing candle that's pretty bullish that's really important too yeah that's fair yeah r i l y relatively strong [Laughter] wow look at Ry here pop into the close chat r i l y 177% on the day bgfv literally stagnant that's crazy man all right let's smoke [Music] up I mean Morning Star is aware of the issue with their data and it's still remaining exactly the same where it was Grove feels like it hasn't left 130 for the last nine years that's how I feel about Grove yeah I'm not I'm not in bgfv I'm just giving you guys plays to watch bgfv has a giant [ __ ] weekly RSI wedge if you watch the video from last night you guys would have noticed that and then you'd remember that this is why I'm talking about it and not because I have a trade on it this this is why watching those videos that I give to you guys overnight so you can read them or watch them into the next day that's why those videos are important I don't make those videos for me I I make those videos specifically for you guys right so you know just keep that in mind vix yeah the vix is now 38% spy with a monster bounce off of those lows $2 up off of those lows so far whoa gme nice little pop here final uh two minutes of the day gme nice little pop there I'm so freaking real well I try if I I mean if I was fake that would be problems or or if I didn't actually exist like if this was my ghost that would also be a problem so I hope I'm real but thank you for your kind words I do appreciate that r i l y now 20% on the day watch Ry get some news after hour that sends the stock into the [ __ ] Shadow realm random pump like this I don't like that every mag seven stock is red every single one [ __ ] socks s up 22 and a half% crazy man and look at this spy just rocketing at the end of the day there so chat you have 10 seconds here 10 seconds five four 3 two one all righty chat well it was relatively slow slow day on the stream relatively slow day in the markets it felt like so I think that we're just going to go ahead and uh sign this off today I think we're just going to go ahead and sign this off here today so chat send in a big round of GG's and TGs into the chat box just blaze all right chat well thank you guys for tuning in appreciate you today and uh we'll see you tomorrow all right thank you guys [Music] [Music]