good afternoon folks trying to get on here right at 2:00 something interesting that did happen which we're going to talk about in a little bit as we go into some GameStop earnings is we got a big down moment then we got a big up moment okay so the key thing here being this and this is something that we can learn from a little bit is this bar on this crossover wasn't necessarily negative and another clarification of that would have been with Nvidia we can look over at the cues and just see that never was able to cross over so that is a big deal all right and when we look over at Nvidia that thing was wonky as heck but it still did not cross over it is very very close so we will see if that needs to roll over to go grab some buyers with that CPI or if this 2hour is going to keep going up and up and up we will find out as the price action comes forward we'll see what happens at the end of the day as we see a higher PCC as the dollar has overall started to subside I would say saying the 2-hour might pull back so uh with the signals that we're actually seeing here and in um things like volatility dipping way down and able to curl back down I believe right now on that 30 minute we would say that the most likely thing going into tomorrow is positivity obviously that can all change with a piece of data so you need to pay attention to the morning if we look at Siri yeah we can go look at Siri real quick now this is just going going to be a major upside move so I don't know what you really want to look at until the price action adjusts um from I believe someone saying there's a split if there was a split here you have to wait till the price action really adjusts to do the technical analysis there's not really any technical analyses to do for Siri unfortunately um until we actually see the price action catch up now was this was this actually a split though that's what I'm kind of wondering oh the split off from Liberty Media okay yeah split one to 10 Okay cool so there was the split there someone looking that up real quick for me I appreciate that we got to wait till the uh charts adjust they will adjust eventually kind of like Nvidia did right Nvidia now worth 100 it had to adjust okay so you have to wait till those charts to adjust sometimes it takes a day or so for now we're paying attention to the last hour of the day seeing if Nvidia does curl down on a 30 minute that can be a big deal but if we notice from this area creating the cup getting the handle heading to the upside that's overall what we're looking for is that breakout moment for NVIDIA the 30 minute has curled is still curled up hasn't curled down the 2hour is curled up and if you want to look a little bit further the 4our is about to curl up right so if you get a little bit more positivity here we can see that 4our curl up so that's what I'd be paying attention to as far as that goes um now we have completed the divergences for apples so you really want to see is that 2hour able to cross up it is as of now so still looking like a good reversal signal now this is down in negative territory so that just has to flip back down on a 30 minute to be a bad sign all right doesn't mean you can't make another move down right we said we're going to break out we move down we say we're going to break out we move down we say we're going to break out if that rolls over we're probably going to bust down spy Spy pushing up yes spy pushing up trying to break through that monthly and it's really holding strong thank you Maria for the updates nue new core I like this signal actually I do like it it it's not I mean just because it is so steep here and you can see the price action almost got down to there it's like it's almost Divergence but it's not but it's still a great signal on the 30 minute to see that 2hour turn back around let's see that 2hour looks like so I think uh if you get that 30 minute to cross back up this 2hour is going to reject and most likely you will start to head to low higher points so that's something to pay attention to and if we go into something like a daily chart we can see that there is Divergence there and it's pretty Dam significant so I actually really like your choice of expiration as well it gives you a lot of time I actually like that Max effort messing with my contracts yeah if you get that daily to cross um I think I think that's pretty good I like that play Max great find and it's still not even fully complete though right we need to pay attention to that 30 minute we still need that confirmation but I do like the overall play and I'm just I'm kind of hoping for you that that momentum is really confirm to the upside and then you get that big follow-through move but very good one to pay attention to I like that look qes we can go look at that that never blipped down on the 30 minute and was able to uh cross back above the monthly expected move heading towards the daily expected move something that I could see going forward is some kind of reaction to that weekly and then we'll have to see what happens from there just remember on the 2H hour in order to head higher and this doesn't have to cross back down to see this but if we're going to actually head higher and this is bullish so this is the overall bullish scenario is we do something like this right we use this liquidity we use that Weekly range we back off we grab those buyers we head to higher levels that's what I think would be the best way to head higher but at the same time we have to pay attention to something bearish right we want to pay attention to two things at the same time so if this would maybe get excited or maybe lack luster maybe with a the daily expected move in this area and then roll down or even go to that Weekly move and roll down you still have to treat this like this price action has not happened yet it hasn't so you have to treat it like this could go to higher levels and then cross back down and make that stronger base bu bulls will get complacent and I think I think you have a moment of time where is it are we going to get those Bulls complacent now because we do have the higher PC levels and a a dollar that looks like it might pull back so you actually could see that little mini squeeze and then I'd be really really worried if this happened if the 2our started to explode we went up to higher levels you'd say oh my gosh maybe that daily sty is going to cross up and then it just starts to fade and fade and fade and I think that would be a bad sign if you just went like that you get too excited you can go test that breakdown area way up here get really excited and then just falter so I'm not looking forward to something like that but it can happen it would just mean for NVIDIA it's like kind of like Nvidia it's if it gets excited 112 is pretty much as high up as it should get so if it gets really excited and gets to there there are sellers lurking here you're kind of hoping for that structure to head higher cup and handle type thing with that Gap um but for the most part you would say that's really excited is it positive or is it curling down into negative well even at this point here it would be curling down into negative territory in my opinion so so we'll see as the price action develops I think you're right on in saying that rupes and I think that's why and the reason that you're going like this rally without retest is I think because people are still trying to short the market before we get some data and things like that now they're not necessarily I'm not saying they're wrong the dollar is bottoming the dollar is bottoming and I think I think the most likely scenario is we pop up we create that 2hour signal I think that's the most likely scenario and then this will be either the move to alltime highs for a trap or a lower high trap in my opinion and then I'd watch out for maybe October or September 18th if it adds up to there we'll see no we haven't gone over paler paler is just really excited to the upside and so the reason I'm a little bit worried about this is because you're breaking through some some trend lines here some channeling and then you're also outside of that monthly expect or that Weekly expected move and you are kind of trying to retest that Weekly expected move but for the most part retail are a lot of people that are trading Palante here so I'm a little bit worried about it for the most part just looking at the daily scale we can see that crossed up but look at that if we made if we kind of turn down if we start to fade on this in any way that could just turn down the next day cross over on this macd and you got yourself a pretty much triple Divergence on the RSI and a single diver here on the macd so this is where I'd really be paying attention and saying hey this is overbought we're maybe creating a Divergence that's a little bit freaky to me so I overall think paler will at least pull back before heading higher than this but we've seen crazier things happen we kind of retested the breakout of that channel so it's not necessarily a bad move of course Chris let's see here Tesla Tesla still has the opportunity to go higher remember paying attention to the hourly chart able to curl up so we're seeing if that is able to make another upside move into this area and then you have to be aware of two things at the same time right bullish and bear scenario you just got to be ready to react double top is the bearish one right double Top's the bearish one but in that same vein you do have a cup that if you didn't fall enough and that curls back up you actually can see some positivity right with a cup and handle so I think you kind of have two setups here one bearish one bullish and I just have to react that's kind of how I see Tesla going forward see if I can curl up on that monthly macd too it's good stuff Mara did get that big move we were talking about so Mara ending up getting the big move we talked about the daily Divergence on the macd and the reason we were talking about that was cuz Bitcoin about to cross up on its with uh Divergence on the r side Divergence on the macd at the same time so this is why Mara is probably going to see upside we mentioned that this morning just saying hey just watch out if this thing curls up on a macd because it could end up all the way up towards like $24 yeah Uso I wanted to see that one as well cuz we're seeing a lot lot of signals here um from Uso I think it was was it a 2hour I think it was a 30 minute chart maybe yeah there it is we we failed the first Divergence then we go make a second Point Divergence we're seeing if that can really turn things around and then turn back up this 2hour chart which it looks like RSI Divergence is there very slight one if you're able to turn up on the 2hour of weakness let me see Airbnb this one's going to struggle man this one's been struggling for a little while because you know a lot of people are having to sell their airbnbs is what I overall think now you can look at this price it just doesn't look very good you could pretty much drop down at any time if this wants to you know tell you hey I'm a cup and handle right now the direction is down you do see a little 30-minute Divergence in here I think your Cor correct and thinking that but as the stock is dramatically down are we expecting that reaction back up that's kind of what we're looking for so oh sorry that's a 2hour on the 2H hour if we look into it like say a 30 minute though um you see the the Divergence on the RSI not on the macd at the same time see how that's a little bit down so that tells me hey this could be some kind of pop on the 2hour that just ends up dropping back down so what would I need to be aware of here well if this is some kind of big elongated cup and handle or maybe this is the handle already then we would say the 2our is pointing down that could be a bad sign so I just don't think I would mess with this personally that's just my personal thing but everyone's going to do what they want to do and you do have a daily that's kind of going up and up and up we'll see if that can cross back down looking for a short one I don't know if there really are any real good short opportunities just yet I guess we have to kind of look at like uh 30 minute charts for a lot of these other stocks meta giving a pretty good signal here for the lower or higher low yeah it's just hard to tell which direction that really wants to go it's like I can see a big reaction up but it also could just like continue that downside right the most likely thing is to continue the downside so if you're short I guess that's that makes sense just pay attention to any kind of reversal signals which I don't think you're seeing the clearest one it's kind of wonky let the Spy rip let it rip come on come on spy come on spy well you would say going into the rest of the the week we do gravitate towards weekly ranges a lot of the time and this is a pretty bullish move so if we get that good news then boom you're probably heading to that Weekly expected move I wonder if the daily expected move will be up in that area we'll give that out in the video later on oh someone texted me who texted me who is my mother okay PCC still high dollar looking like it might pull back so I think positivity looks the most likely just curled down on the 30 minute again making another point of Divergence but that thing's not turning back up just yet 2our pointing down daily starting to point down you might have yourself a little squeeze here soon soon people get excited for the rate Cuts we shall see we shall see weird thing is the Dow not positive right kind of weird on that but curling up on the 30 minutes so just dip down a little bit lower but curling up on the 30 minute or trying to yeah so palen here really looks like it's it's some kind of trap or at least needs some kind of pullback so we'll see what happens with that but it's outside of a weekly expected move very early on still and so 68% chance to drop back below that line where is that line by the way I don't have it on this chart here yeah you got like a dollar what $150 or a dollar you could drop from there and if you bust back below that that's not going to be a good sign so positivity looking for that 30 minute to really base out and then head higher kind of curl up right very basic keep it going down to the center line and then curl back up if you're going to experience negativity probably the 2hour is going to be able to pull down here you're going to see a bigger drop maybe towards that 31 32 level somewhere in there or yeah 3250 to 31 I would say anywhere in there could experience some uh buying pressure smci was interesting because it gave the rejection Divergence and now kind of flagging in the shorter time frames the cool thing with smci is the daily diver dices that are showing here seeing it relatively flat but not I mean slightly up there on the RSI and then we do see uh slightly up on the macd so this can mean a big move for smci is coming if that daily can rotate up and you do have a 2hour signal behind it the only weird one is NVIDIA does not have a 2-hour signal behind it so smci does Nvidia does not just don't give us a blip by the end of the day all right don't give us a blip who is watching the debate tonight anybody how's it going wordy how you doing did you get out on your Nvidia play no I actually didn't I said I'm going to manage this a little bit um tighter to the belt and see if that 30 minute can cross um pretty much I know the risk that I'm taking by going into tomorrow I just wanted some exposure to upside just in case cuz I I think they're going to set a trap here I believe those PCC levels have been too high lately right they've been high a lot of the time more than they have been low so I think if the market maker really wanted to mess with people they send stocks higher but I'm prepared right I'm prepared to manage that first thing in the morning or even by the end of day if I see a major downside move I'll probably just manage the trade I think 116 does look pretty likely I like that 116 level it kind of lines up directly with this Gap and then it gives the formation to go higher right it gives the formation to head higher it'd be nice to see a big dramatic move that gets outside of a weekly range it pulls down and then next week we actually see that start to turn back up I think this leading to this leading to this would look nice so we'll see and then Friday maybe we start to base out on that 30 minute and curl back up I think that's the bullish one but still I'm going to treat this as bad because we don't have a 2hour Divergence underneath it right 2our is still very negative so I have to treat this like this could be bad and then look for the signal maybe in the future so I have two scenarios here that I'm really paying attention to for NVIDIA I hope one of them plays out so I can take a a couple of plays on Nvidia exactly Omar I think they do drop them just because you have to understand they they expect it they expect it if they can expect it they can prepare for it they can fight down the stock right that's the whole point now you would the only thing that can be a good thing with the earnings is if they give such good news that it's completely unexpectedly great news that's where something can happen with those um but for the most part you would say hey this thing crossed up on its macd on a daily scale and then the next day went down two 2.2% that's just that's just weird right you never see daily momentum behave like this really you just don't it's very very weird for daily momentum to to turn up here and then just not see anything and then turn up here and then just not see anything and turn up right here with this very very strong bar and then just not see anything so I I think you're running into another time where they expected this because there's a Big E over here on gme and so I'll tell you what we'll do we'll go on the monthly scale we'll go on the weekly scale we'll zoom out on this and we'll give GameStop a little bit of juice there you go we'll put some of that juice on it CPI is at 2.7 they might cut a little bit more sorry we got to give it a lot I expect it to come in pretty neutral yes the best way for them to manipulate the market is to keep it confusing or a little bit good so a little bit down or even would make a lot of sense to me sorry got to oh wait someone laughed don't laugh at the Mayo man this thing works I'm telling you did you like the new iPhone by the way I haven't looked into it at all I'm just going to be honest I haven't looked into it at all I really liked I switched away from iPhone and it's one of the best decisions I've made I love my new phone let's see what h i I really want to okay in in the last 15 minutes we're going to watch this all right in the last 15 minutes we're going to watch this I like that play setup just Joe I think I think it's perfectly fine to make that decision I think that's fine I think you're seeing it kind of how I am in just a slightly different way I think paler needs to back off in some way and the fact that it's so excited and the fact that we know that a bunch of retail does trade the stock that is a big tool for them to just throw down into the ground 30 minute diers on iwm we can go check out and there is one right here for GameStop by the way don't ignore that that's why the 2hour is experiencing this and we'll see if that can really curl down that's going to be a big deal so I'm going to look back at GameStop um at in about 15 minutes or so let me see here what are we looking at iwm that's right iwm oo and it Cur that 2our looks like it wants to curl up oh good spot very good spot now this is not outside of a weekly range my best plays are when it's outside of the weekly range because that's unexpected and then that turns back up but this is something you can pay attention to maybe we see something crazy with the 2hour able to turn up here now that is very very very deep so if you're going to see something good that needs to cross up but you have to be aware that could just fall back off over time maybe see some kind of Divergence there but I really like that 30- minute signal that who found that that's a great signal nazim congratul that's a great signal to watch there now you feel pretty good huh 30 minute crossed up you're see an extended positivity crossed up on this strong bar now you're seeing a little bit more let's see if that 2hour can take over oh I think Netflix is extremely overpriced more and more people getting rid of their Netflix accounts more and more PE I don't own Netflix in any way by the way and I don't own Netflix the actual product I don't own that either but curled up into positive territory on a 30 minute so when you do get this little higher low you want to pay attention again to the 2hour not just because um oh we could go make a Divergence to turn up a 2our but higher lows do turn up that 2hour that turn that 2hour trying to see that upward move this could head higher right it's it's a pretty much a competitor of AMC so they really want these kinds of stocks to had higher right so we'll see if it can break through maybe retest and use that or if it needs to break up consolidate like we did over here and then maybe experience a break through we'll see for the most part I think this would be just a daily right pulling back we'll see if that needs to pull back longer if that pulls back a little bit longer that would get nice and close to that Center Line and you see a simple little swing trade no iPhone no Netflix no thank you no thank you I'm good no iPhone no Netflix I'm about to delete my Facebook account God life's going to be great people are all staring at stocks all day and I'm confident in my strategies enough that I actually went to the zoo for a little bit today it was a good time I'll have to uh I took some pictures of my daughter I'll have to show you guys some of those and who wants to bring the camera back let's do that let's do a little let's do a poll for fun before we get into this last 30 minutes here oh whoops I went to the wrong section all right let's do a poll there you go you playing the earnings call on gme after close I mean I did B I bought myself a uh a birthday present which I just uh rolled over so I rolled it over into this month so I do have calls on AMC and gme but I'm not putting a ton of money behind the trade right I'm just holding the stock that's more the money that I'm putting in and then I'm kind of going back and forth with it are you streaming the earnings yeah I might watch some of the earnings but we we'll see I got to see the timing I still have my daughter I still have a lot of stuff to do but I might be able to hang out out um and you guys I might have to do some of my shoulder rehab during the stream weirdly enough so if we want to leave it on though I'm down for that as long as it's in a timely fashion that's the key thing right yeah I don't mind the paler play a lot of people talking about paler I think that that could be something that's a bit of a trap there but you never know what that stuff that daily momentum's turning up so I just pay attention more so it's like I'd give it a day to react but hey you guys make your decisions I like it that's fine the Target on Mara I don't really have a target for Mara um for this guy here I don't really have a target for it but I would say if the daily is able to cross up then probably over the next I would say 30 days you're most likely going to see this up towards 22 to $26 somewhere in that area right here if it's able to get above that spy making some new highs on the day good stuff wait what was it highi I don't think I've ever looked at this guy before Oh medical devices okay uh Cur trying to curl up on the 30 minute watch for that reversal signal but this is looks like a C and handle almost to me we'll we'll think about with that Wick there if it's really a cup and handle but you can see how we're going up to that point coming down curling back up so the daily scale I'm assuming is positive and rejecting that can see more upside you're not overbought yet the only thing that's a little worrisome and what I would pay attention to is the monthly scale on this one I know it's a longer out time frame but if you're holding something like this for a very long time and uh you see that monthly turn back down with that lower one I think I actually meant weekly yeah weekly so if you do experience that positivity that's great that's great a little bit of positivity but sometimes the first reaction to spread out these Binger bands isn't correct right this will start to go like that this will go like this so if that reacts up watch out for that Weekly to turn back down that's a bigger scale thing but for the most part that's what I would look at right now you look like a 30- minute wants to cross up into positive territory just watch if that goes negative spy squeezing a little bit all right so coming down a tiny bit here but we see that that PCC still a little bit high like I said most people thinking this is some bearish stuff going on into this I still think the important one is NVIDIA watching if that can cross down on a 30-minute chart and then I'm going to click over to gme in the last 10 minutes or so oh my gosh the zoo wore me out man I'm going to go get my water real quick I will be right back check out those courses still 90% off down there $150 to get both right now be right back two seconds got myself a nice animal cup at the zoo for free refills that's what's up oh I got to turn this thing off let's get that annoying stuff off the screen was that oh my gosh I was just going to do something I forgot Q is about to hit up towards the daily expected move at the end of the day that'd be almost two days in a row we end at the daily expected move upside yesterday ending directly on it right here today maybe we end on it right here that would be a level where we could back off and curl back up it also would be a level where you could build up more on that 2 hour and then curl down and go back up so there's a few bullish things bullish would be come up to this area consolidate break through consolidate break through or skip that consolidate break through the bearish one is still the 2 hour goes up a little bit more goes up to that Center Line and then just Fades Fades something we can look for in this scenario by the way if this is going to be more of a big move down is what if we do react up here tomorrow we pull back then we curl back up and then on next sometime next week we actually curl down and we have a 30-minute diversion here that's something that I'll be paying attention to as well sure Ellas now uh show me the give me the stock ticker Lots Big Lots or just a lot cuz that 4our curls up we might have an extended move here but that would take us outside of the weekly I think to turn up that you you might need twoh hour Divergence still just some kind of little move like that can go along way but we'll see it could just vshape we'll see what the dollar is doing dollar is still remaining pretty flat here able to hold at higher levels though not pulling back just yet a lot of little divergences that say this 2 hours should be falling but it's just not so that means it can just pop off Sig smoking sigs um for now the 2hour curling up for the swing trade would be nice right it would give you some kind of I would say higher low I think the 4our signal might be a little bit better because it's closer to the center line so if that 4 hour is able to turn up I'm pretty confident to say um we have a good shot to test that high go make a new one little bit low on the mai just a little bit so I'd be aware of any reversal signals during the move up right but overall not looking to bad here the only thing that I would say is earnings earnings is a 50-50 flip okay so anything can happen with earnings that means I need to reduce my position size if I'm going to take something here so I don't risk a bunch of money if it sees a massive move and it benefits me that's great I can make plenty of money with a small amount of money but if it makes a massive move in the wrong direction for my trade then if I used a bunch of money I would risk too much so I would rather lose a little with potential to make a lot off a small amount than risk a lot and make a million but also potentially cause myself some damage with my portfolio it's kind of a a weighing of risk a reward there it's a 50-50 flip I don't mind it the curvature I don't mind it at all you have probably 30 minute Divergence down at the low like I get that you see it right you see it you see it you see it so it doesn't look bad the only thing is you have earnings so so that's that's going to um be a little bit rough but you're seeing the signal before earnings so you can make a little decision there maybe if it sees a big move you can take some off of the table and then let a few contracts ride uh with the earnings and see if you get a little bit lucky cuz really earnings is a lot of luck it's a lot of you know 50/50s right oh Neo yeah sorry someone was asking about Neo as well Neo really pumping here so what I want to see from Neo is at least the 30 minutes to pull back that's happening starting to head to the upside we'll see um maybe this is able to go like that really get deep I would really like this 30 minutes to get really deep and then curls up on the 30 minute um but for now you did have the flatness and Divergence at the high there for your RSI that led to overall saying hey we need some kind of pullback and that's what you're getting if you're going to see more of a pullback this 2our is going to cross I would really like that 2hour to cross as well 2hour swing trades are better than 30 minute ones 30 minutes are very very fast uh 2hour for volatility is still the signal to pay attention to just FYI as far as volatility goes you got some decent little divergences down here and they're all popping up right now saying hey if that 30 minute turns up that 2 hour is going to turn up that could easily happen with something like GameStop earnings throwing something out there or CPI in the morning wise words yeah l I appreciate you saying that but that's you just got to treat earnings a little bit with respect right we got to respect it a little bit M7 coming back saying the silver stack is growing huh I like it yeah I've been I've been acquiring some here and there mainly just splitting it between a little bit of silver a little bit of gold I still think this could extend out for just a little bit longer so I'm not trying to acquire too much now if I see like things are going to abruptly something is going to abruptly happen then that's when I'll probably react and try to get in on some silver for the most part because I think that's more undervalued than gold is right now speaking of gold let's go talk about gold because gold seeing a little bit of upside here trying to break through getting to the high giving you that hey I could cup and handle or maybe I already cup and handled well I would say this cup and handle kind of failed now we're trying to do some structure to head higher again and we'll see if that can break through but you notice that at the highs what do we have here well are we going to back off and curl back up are we going to break through or is this a double top if this is a double top and this starts to curl down I would just be ready to react cuz that could be a double top and you could see that 2hour rotate down and I think the dollar has bottomed which means kind of bad things for gold hey that's facts laws yeah I think gold uh gold is in so if you look at your cell phone down next to you Gold's in that right there's there's probably not a ton of silver in your phone but there's gold in there so just when you make it down to basic I know you're talking about war stuff but at the same time if we just bring it down to Basics it's like well if everyone has a phone Gold's pretty important there is a little bit of gold in every phone just bar am I getting this right let me go look at it I'm down to look at it 08 lot of 2hour Divergence in here and actually very drawn out so very difficult one because that thing's just heading down very very very very quick so very difficult one still heading down I don't think we've hit these levels before either so it just continues to drop here I need to see a green bar above all the moving averages to be convinced this can go back above a dollar to be honest that looks ugly yeah JP Morgan was something I was looking at JP Morgan selling off um a little bit here not necessarily the best daily Divergence right kind of flat actually up on the uh so no real Divergence here for uh JP Morgan looking like pullback is the most likely scenario so I'm looking at a 4 hour if that 4 Hour can really build back that'd be a good thing but for now just dropping off a cliff so I don't necessarily want to be in that if there's some kind of weekly Divergence uhoh there is weekly Divergence and it is very very extreme on the RSI so it kind of tells me watch out for this Zone before we can actually get a bounce that's what I think energy has been going down and down this looks like it could possibly be a daily Divergence yeah you're you're trying you're trying to make that as a daily Divergence but it's just not working out so energy looking like it's experiencing some pretty good weakness there only a Divergence on the RSI so any pop can have sellers above it heading into the last 15 minutes we'll check back in on gme in a moment just notice the dollar is still overall positive even though it's 02 it is positive the only problem is well the PCC has been coming down a little bit but I think people still need to get trapped a little harder than that so we'll see this can cause some kind of mini squeeze but you're also seeing the Rigg Behavior behind it that's why the video I believe it was yesterday we said hey this looks like some kind of little squeeze could happen that is also a trap that would be freaky freaky something to look at before we actually get into the um the yields tomorrow TLT showing a little bit of a 30-minute Divergence here saying hey we've run out steam a little bit obviously that can change with some information tomorrow but as we go look over at something like this we want to look at that Weekly expected move are we at it we're pretty much about a dollar away from it did we come tag it we were about 50 cents away from tagging it everyone talking gme so when everyone's talking gme and it's not popping just know that the short Sellers and market makers are paying attention to this moment e see like these these type of pictures are what you want to kind of stay away from on Twitter and those things because this is just a madeup trend line for the most part this is a madeup trend line for the most part just saying that's just that's just all made up I wouldn't be following any technicals that look like that that guy might be smart maybe he knows something I don't but at the same time I'm like that is not a trend line in any way shape or form Vick back above 19 now with Divergence so vix is posting some big 30- minute divergences before we actually get this information telling you hey I'm ready to pop tomorrow if we get some bad news I wish trend lines were like that just randomly cre create one with the day that you buy the stock and then see if it goes up I'm going to try to hang out for gme earnings mainly just to see the price action that's all we care about at the end of the day the thing you care about right is the price action yes you want the company to be doing better yes you want them to make some good money moves but at the end of the day as a Trader you just want to see good price action okay we got about 15 minutes left let's try to focus a little bit on GM in um AMC for a moment AMC not looking as bad either that's interesting we can pop over to Lucy we haven't checked that today so we'll check it 30 minute looks like it might back off soon for Lucy do you have bigger momentum behind toour tried to curl up that's a good sign is daily momentum with you daily momentum trying to go positive here I would say that's a good sign actually you've kind of spread out those Binger bands what I'd be paying attention to is a two-hour rolling back down would mean bad things even a 30 minute rolling back down would mean overall a pullback can take place right we're a little bit further away from that Center Line so a pullback can take place oh I'm sure like that's the funny thing is I bet it's it's more okay so I know there's revenue and I know there's you know the the the 9 cents per share that you're pointing out right but for the most part I think people are interested in seeing what moves they are making overall not necessarily just like are they making money right now but are they actually making good moves with the cash that they have stocked up right I think that's what people are looking for is there a merger is there an acquisition is there something going on that's going to benefit the company in the long term I think that's what serious people are looking for let's go look at Silver I haven't looked at that in a second good signal down here wow 30 minute Divergence leads to a 2-hour pop is it on the 2hour as well it is this is great for silver silver looks like on the daily scale it could turn up this macd right now silver actually looks pretty good as an early early moment to get in and manage the trade right managing the trade is important if that 30 minute rotates down that's immediately bad but so far you've seen those basing out signals and they're playing out so if you can make a good move cross Above This level curl up that daily that can be a great sign 4 billion is a lot of options what's up angel how you doing I don't think I have noticed that before angel I don't think I know what that is exactly hold on tuby the old man's yelling again he's grumpy my wife had to go pick up her sister real quick so Toby doesn't like when people open the dog open the door EV battery that takes 32 ounces of silver to make what sing I want to know what a squeeze is GM I want you to show [Music] me we'll see guys it'll be fun and uh if it goes down it won't be fun just know here I mean 30 minute curled down so most likely action here for AMC is downside still down by that Center Line gme same thing curled over a 2hour as of right now so just a quick note the two-hour bar at the end of the day only has about 30 minutes in it just so you're aware so if you're getting that Crossover at the end of the day it doesn't necessarily mean the most yeah I'll look into it what's it called again let me go read that let me go read that a second time live person [Music] um excuse me who voted ew you ugly no that's just rude that is just rude guys we'll bring back the FaceCam maybe we'll bring back the face cam especially if GM does something crazy maybe we'll bring back the face cam yeah I do have the Google search up there angel so I'm ready to look at that that could happen right close out of those positions at majorly low levels and then spikes up afterwards as they get better positions that could happen I could see that that would make sense you know that's the funny thing about GameStop and AMC is like a lot of different takes do make sense like different takes can make sense of how this thing plays out but for the most part just chilling holding the stock chilling yeah I'm not going to trade the silver stock I'm just going to acquire the asset there's Good Vibes here that's great Angel and that's that's good that's what we're looking for every once in a while we get some crazy person in the chat we got to kind of put in their place but for the most part everyone that's here and commenting pretty frequently um very good and I'm very um happy to be growing this community with you guys I think it's fantastic and most of the growth is always dedicated to you guys because you're the ones who like the videos you're the ones who watch the videos and I think that's a fantastic thing yeah and I'm still going to I'm still going to slowly stack things until I see something crazy and then I know to pull the trigger right but other than that I'm not going to sit there and like buy a ton right now and then be like sitting on it for a long long time I'm just going to slowly acquire it like I have been for a while and then if I see some bad signals like if we get a big big trap like up here and then I see a daily signal then I might actually make a big decision as far as silver and gold comes coinbase really got to pay attention to that Alexander that's not a bad one to watch as we're seeing Bitcoin show a decent signal and the thing you want to watch with this is just the daily to cross up um as you tried to make Divergence kind of fell too far down but the reason that this could see good things um is because of Bitcoin Bitcoin could be Crossing up this macd come tomorrow and then we end up breaking through maybe trying to test this little Zone in here if we break through that zone then you're looking at those alltime highs if you can get past there hey you might see that extended move towards something like I think we said what 880,000 or something like that was what I was looking at I think it was like 75 to 880,000 so coinbase can benefit if Bitcoin benefits I like it M7 I might have to be friends with you might need some silver M7 that's probably a smart move right I'm not saying it's a bad move it's just you know people's situations might be a little bit different for the most part but I'm ready to pull the trigger if I have to M7 you know what I mean all right now we're starting to see something interesting in the last few minutes of the day seven minutes left in the day and we're finally seeing Just a Touch of Green wonder if a bunch of orders flow through at the end of the day AMC still falling gme actually still red dang it it was Green for a second paler still only up 049 looking a little bit toppy there though like it needs at least a pullback problem is availability that's that's facts but as the world starts to struggle a lot of people actually dump their silver into just pawn shops weirdly enough there's always a struggle period first where I believe people mostly get rid of their silver and that we might have already been experiencing that over the last couple of years I used to market for a pawn shop that was one of my clients back in the day they had their best quarter in their history when I marketed for them that was a lot of fun I liked marketing for a uh I liked marketing for a pawn shop I thought it was very very fun I did a lot with jewelry vix are you going to give the signal nope all right the dollar has bottom the PCC is no longer in the put area so this does mean we still have the opportunity for a rug pull with this CPI now they might say it's because of the CPI but we'll see going forward uhoh now we're getting some green where are you where are you I'm searching I can't go that far no we need it we need it I'm like SpongeBob I need it where the freak does this thing keep going I can't just like put it on my 30 minute chart the heck I'll just put it right next to the freaking price action so I can see it okay there we go there we go now we have the short time frame and the Mayo let's go all right we're good we're good we're good get in there come on come on more Mayo all right close of the day closing right at about 2346 here in about wait nope sorry the blue confused me for a second I thought that was postmarket I was like what wait there's four minutes left oh my God we could still Skyrocket no we'll see what's the PCC crossover level again uh usually one and .95 for the PCC upside 1.95 and then I like8 some people do 7 though some people do 7 all right two minutes two and a half also John if you ever delete anything right if I do this I think if I do this and then let's say I delete it pretty sure I can hit control Z and it pops back up so just so you're aware if you ever make a mistake on your chart you delete a certain line you don't want to draw back up or it was pretty important if you accidentally delete something contrl Z and it pops right back up just so you know it's a good one hey Scott hey I'll believe you and I hope it does for you AMD late day rally let's focus on this and then I'll go look at AMD in a second here 2 minutes actually we can pop over we can pop over uh big signal with the 2hour cross up did the daily daily crosses up that's what I'm saying that looks pretty good we're now waiting to see if we make the stronger base on the 2hour we already made it on the 30 minute a little bit for AMD mostly with Nvidia though so we're just looking if things can cross up AMC only down point or what 1.4 oh oh oh watch if a 30-minute crosses oh my gosh that would be crazy to cross at the end of the day that is a 30-minute swing trade on the RSI Crossing we'll see what happens but you might not see that cross up till the morning if it's going to cross up that's that's thing you know what I'm saying cam for a couple of minutes each day we might just leave it on right we can bring the cam back I just like how the the streams been functioning but mainly just some uh I don't what's going on with my internet just just the last month or so it's been very Hit or Miss I feel like get above five everyone chant it in the chat get above five get above five get above five no okay never mind I'm not good at setting Trends gme 400 pre-market that would be kind of insane hey I'm here for it didn't Russia already stockpile like the most gold and silver in any other country 499 close yeah it's going to be like perfect oh 496 oh if you get above $5 you might C oh gosh is this is this going to cross in the last second and be difficult no no no 10 9 8 7 six 5 4 three oh [ __ ] two one man that was dramatic for a second though gme not just not seeing as much positivity that's why we weren't focusing on it now we just got to wait for that earnings to come out hey that's $100 you know that's never going to you know you can make a $100 I'm talking about you know if you're trying to do $50,000 that might be a little different right $50,000 in calls might be a little bit risky so but hey as long as you're using an amount that you feel comfortable with that's overall what we've stated on this channel nobody sees the truth they're like they're using your anal is to really just ruin everyone I'm just going to see if this volatility because it does trade a little bit after hours right it does react it gives you that reading after hours a little bit I just want to see if there's some kind of little reaction here to curl up this macd might pay attention to that for a minute gme so far A little bit of downside to start oh see that's what I'm saying but that's a lot different right but that's why I said options right stocks on stocks on X um it's a lot different to buy the stock than to have an option because time's not necessarily your friend if you know anything about the gme AMC problem I'm assuming you do um just based on your name I would say holding the stock is the ultimate way to hurt them in the end and it costs pretty much nothing except opportunity cost to hold the stock so that's what I've been doing holding the stock just chilling and then playing some options at times for the last couple months I've been doing some Yello options with small amounts because it was just so cheap I was like screw it I don't even mind losing that amount and then I just rolled it yeah that so we're kind of similar in this boat on gme and AMC AMC nice holding that that high level that's good I like the stock personally i' I'd like to see how Brian Cohen really FLIR fles how they turn this into something and I always said this I said the way that they really flourish as a business is if gme and AMC teamed up together and AMC started holding um like G those gaming competitions in theaters for local colleges and things like that they could play in like a theater setting I thought that would be really really cool and then at the same time if they like sponsored a Esports whole like organization or made their own organization with Esports I think that would be really cool too but I think if they merge together you could do some really cool things if you include a movie theater and gaming it it's just like perfect but do I think that'll happen most likely not but I did send an email to Roaring Kitty suggesting it in case he has a say in any of this all right let's go look over on this make sure we're updated let's end the poll hey more people called me ugly that's just rude no I'm just kidding I love you guys all right so we had 42 votes looks like people want to bring back the face cam so we might bring back the face cam for tomorrow how's that sound go over to here remember we just want to see the reaction maybe we'll turn on some extended hours for fun here extended hours 2 hour probably hourly and let's do 30 minute we'll just stick it on a 30 minute here let's see what's going on breaking PS5 Pro is now out in November $699.99 USD my might have to get me one I don't have a PlayStation but also I just game with my wife that's what we do at night we downloaded TFT for our phones because we notice whenever we hop on our computer Ari wakes up and starts crying we're like how does she know but she knows uhoh uhoh uhoh uhoh uhoh uhoh uhoh oh just react all the time face cam the silver stack yeah let me give a I read about silver and then this happened that's why all right let's see uh wait there's hope wait there's hope it stopped why is shut it down politics trending I don't know what that means what what if someone was right in saying like this flashes down to 15 and then goes right back up that'd be crazy to watch live remember we're just mainly paying attention to the price action that's why we're just looking at charts right we're keeping it simple looking at charts get your barf bags ready oh God yeah uh like I said risking an amount of money that doesn't cause you to need a barf bag is probably a good idea with these type of stocks damn that's kind of crazy I didn't think of it that way M7 let's see what happens we play a tune my head if my headphones will connect sometimes they don't connect even though these are the nicest headphones I've ever gotten my dad got them for me his buddy makes inhome theaters and they are amazing I love them noise cancelling everything's good about them but for some reason on my system this new computer um they struggle to connect sometime oh they connected okay you guys ready right before the earnings should we listen to a song let me get demonetize real quick oh shoot I got no Google account we got to switch accounts or else we're going to hear ads screw ads this play this is not a good sign all right I got a song for you guys you guys ready it's it it's good news so they'll tank it all right you guys [Music] [Music] [Applause] ready all right that's it that's it that's it that's it that's all I can do or else I'll get i'll get like a a strike or something I've never gotten a strike before I don't want to start now but that was fun that was fun let me see let me see let me see I got another one for you I got to I got to mute first and find the point I'm still looking I'm still looking I'm still looking uh let's see here GameStop reports net income of 14.8 million is what I'm seeing hold on oh massive epsb what okay here we go let me get the news here so we're aware of it real quick all right let's read this second quarter review if you guys want to read this thing together here we go uh September 10 2024 okay nothing really in there second quarter overview net sales were 798 billion for the second quarter compared to 1.64 billion in the prior Year's second quarter selling uh General administrative expenses were 27.8 million or 33.9% of net sales for the second quarter compared to 322.15 7 of% of net sales in the prior Year's second quarter net income was 14.8 million for the second quarter compared to a net loss of 2.8 million for the prior Year's second quarter wow whoa whoa wait whoa wait a second that's a big differ difference net income 14.8 versus 2.8 wow that's a big difference Cash Cash equivalence and marketable securities were 4204 billion at the close of the quarter the company will not be holding a conference call today stockholders can review the company's uh form 10q caution regarding for looking statement save for bra Harbor okay so we'll see what happens with this bad boy and a 4 per share increase let's go why is it not up 20% a net profit compared to net loss from prior year let's go GameStop reported accordly earnings of 04 per share which beat the analyst consensus estimated of 01 by 500% huge beat bouncing off of the vwap here we go let's see if we could see this in some technicals let's hang out for a second like I said I might have to um be here with you guys but also doing some of my shoulder rehab I'm a busy busy busy busy guy so just take that into consideration I know I want to keep all my attention here but you just might hear me you know doing my little rotator cuff stuff we got to see if that momentum can be positive let's see if that aftermarket happens all righty getting the rotator cup going that is that when oh sorry I'll turn man don't dislocate both shoulders guys do not dislocate those shoulders that would be my best advice scam hours are still in the early phase yeah we can see a lot by morning they could even make it push it down for until Friday really convince people that it's bad ow ow now AMC so far not really seeing the positivity and gme not seeing it either so I wouldn't say it's seeing the positivity just yet a roaring Kitty post yeah he likes to post around 7 to 8 p.m. central Time so maybe a post like that or a post tomorrow or a post at the end of the week we'll see mainly just uh a portfolio update would be nice and just him saying hey I like it so far I mean that is a good thing right all right all right first set down so since that first all right damn I should have run an iron Contour on it the less yeah the less he reveals the less they have they don't know the exact amount that they need or something like that they're probably scouring through that dat but for the most part you still need momentum to be on your side so paying attention to what's going on in the morning will be important see if that 30 minute can cross up and that's good um the earnings report details are over at if you need the website news. gamestop.com is where I read through it hasn't been reported onto trading view yet but uh news. gamestop.com is where I read through the report if you would like to read through it yourself you would think AMC would do the same as gme since the exact same type of buyers play both looking to Lambo baby I am in no way looking to Lambo I do not want a Lamborghini no thank you now if you give it to me I'll take it and I will sell it immediately without touching it then maybe I'll uh do what m7's telling me buy a big buttload of silver yeah we're looking at a major top that could take somewhere around 10 years to rebuild back to if we even are able to real rebuild back to it you know if we continue the debt system that is then you can rebuild back to it if you don't continue the debt system then it's a little different story but most likely we'll stick with that debt system so we'll see something real bad would have to happen for that to go away which is possible these days we'll see the big thing is to know the situations and know how to react exactly how you do in charts is exactly what you should do in real life look at the situations be ready to react gme did report you can go to news. gamestop.com to see that um and it looks like it came out at 04 per share and a um let me go look through again real quick God dang it I should really just keep this up I keep doing this and I'm pretty sure they had net profit as well right for but we'll leave exactly that's what I'm saying it's like we have a point but yeah you know if you kind of read through it you'll see um the 14.8 versus 2.8 is kind of crazy to me no move not yet we have to kind of see we have to wait and see and most likely we'll see it um as people digest the information more and more I kind of like that they didn't give an earnings call actually I kind of like that they're just like here's the information do with what you will and uh we'll see that's I mean that's overall I would say a beat and I think it's something that you haven't seen in a little while there you go ah there you go net thank you for finding that retes uh net income is 1.9% compared to a negative .2% last year that's great that's actually insane that's pretty damn good just gon to say it nothing really happening over with this guy look at that just about to confirm stop it don't do that stop it stop it AMC bad no I'm a short seller I want this no just kidding I'm not a short seller I have calls in both weirdly enough just Joe uh we have a GameStop in our mall that is right next to me and uh yeah I actually go there pretty frequently just to check stuff out for fun when I'm you know we need to go somewhere with baby girl we'll actually go to GameStop and every time we're in there there's people getting stuff I'm not saying it's a huge huge massive amount of people but there are people in there now I think that was part of the business plan though was to get rid of some low volume some low volume locations right that's part of the business plan that's why I say the business plan is more important like these numbers are cool but the business plan I think is more important yeah what about djt let's see that after hours as well oh no not that one this on the daily scale was able to turn up that's the big deal there really clamped down on though really really clamped down on for djt crazy GameStop still figuring out what's going on I wouldn't be surprised if we see this sit right in the middle for all of the post market and then overnight some fishy things happen we'll see still wondering if it's so good why is G not pushing up because earnings is something they were ready for the big e on your screen note that you see it I see it all retail Traders see it all GameStop investors see it but so does the person who does not want gme to go up the people who want gme to go to zero see that little e as well so they were prepared for this now you have to hope that they can't handle the amount of orders that do come in that's kind of what you're wanting from this is that balance to be completely imbalanced to the buy side gme making stores similar to the idea of Lego stores make it fun I just think if they would make it like you're saying just a little bit more entertaining in the stores turn it into some kind of entertainment factor to go there to drive traffic into there in some way I think that would be cool but then you're talking of a whole restructure of your stores I think what they're doing now is saying we got to cut out the bad stores first then we can develop the good ones which is by the way during um Ryan Cohen stuff and everyone was talking crap saying oh this is bad this is bad I'm like he's doing everything a good I've ran my own business he's doing everything a business would want to do you want to cut off the bad before you start to do the good it's much easier to cut out the bad to save money and then produce going forward you want to move kind of slowly it's actually not a bad thing we're looking at a serious crash I think that's coming but we'll see I wonder how the market what's volatility do at the end of the day did not turn up what's the Spy saying O I mean I know this is including the extended trading hours I don't really like that necessarily but we are coming down a little bit what's Nvidia doing struggling just a little bit we'll see when volume comes in even further towards morning time when people wake up in the morning that's when they're ready to make a decision some people like to sleep on it for every $1 you save it's $4 in Revenue well probably depends on each businessto business standpoint but for the most part if a store is costing you money and you could put that money to use somewhere else that's kind of what I think is the smart thing to do everyone was talking crap about it I was like this is a great business move to have 4 billion in cash cut out some of your failing businesses that's F failing locations that aren't producing well ones that have volume or traffic in them you can update those and make them into a good thing I think that's a perfectly fine business plan I don't think there's anything bad about that we just got to see if they're able to pull it off it's a it's the it's a matter of can you actually pull it off and produce good numbers that are different okay cost of Revenue is usually 80% spending to make 20% margin actually that's facts that's facts you're pretty much just yeah if you if you actually yeah if you think about it from a margin perspective that makes total sense I like that standpoint oh it's not stocks on stocks it's stuck on stocks my bad I called you the wrong name earlier I'm sorry about that so then it would depend on the margin of the business in every selected um every individual business but if you're saying the one for four formula is the probably average there that makes sense all right guys well we're watching this thing go back and forth but I got to get started on tonight's YouTube video so I'm going to hop off for now but I really enjoyed this I think it's fun I think you're seeing this and we got to see if something big happens in the morning let's turn off these for now we're going to talk about this in tonight's YouTube video make sure you're subscribed for that as of right now still looking for that little 30 minute cross if that 30 minute crosses with some kind of Gap up okay that might be the moment just note you still have to get above 2906 to see something unexpected see something a little bit crazy so thank you guys for showing up today really do appreciate it I think it was a lot of fun we saw some pretty good signals from Nvidia telling us there would be some kind of Bounce look like we've got that bounce now we have to pay attention to tomorrow's uh price action to see what's going to go on and we still get CPI in the morning so let's just pay attention out there thank you guys so much for joining tomorrow will be very interesting have fun with the debate tonight try not to get too too uh I would say emotional on social media right that's something that I try not to do but I've been seeing crazy things and I'm not going to lie it makes my skin some of the stuff I see out there I'm just like oh my gosh the world is getting crazier and crazier so stay safe out there is the main takeaway from that but we'll see if this thing is able to curl up in the morning as far as it goes I got to get working on YouTube for you guys to look at some of these stocks more in depth so uh got to look through some charts and make sure what I'm saying uh is overall correct and get my notes going so thank you guys for showing up today really do appreciate it I hope you guys had a lot of fun and I will see you next time AKA tomorrow morning and Tonight on YouTube peace you're like the Mr Rogers I think I used to watch him when I was a kid anyway peace out guys