What's going on, ladies and gentlemen, everybody boys and girls welcome back to another stream. Haven't done one of these in a while figured i might as well tonight we have some pretty good earnings reports coming out, as you guys can see in the title there, amazon, twitter and neo should be reporting tonight, so those are popular stocks that could definitely create For sort of a fun afternoon, so today alone, neo performed terribly that got beaten down. Majority of the market got beaten down honestly. Today, too, we're recovering nicely so far, but uh yeah was an ugly day in the market.

It wasn't the easiest day either. What's going on matt, how are you doing good to have you on as well as everybody else so yeah? What we're going to be doing is sticking around today and uh streaming through the afternoon session and taking a peek at the earnings that come out so um we're gon na look and see if the projected moves from the options market is correct. What's going on nathan, what's going on richard mmt, i can't believe your parents named you mmt, they're, crazy, savages savages. No, i'm just kidding everything's red yeah for the most part, um, ebay and pins.

Look like good bounce plays high btex was a fail today. Also ford um yeah, so you know yeah we'll take a peek at ebay and pins. I didn't really. I didn't watch them uh after hours yesterday i just looked at uh pinterest, the um.

I guess you could say the morning after the earnings had come out. P-O-B-Y how's it in the 40s. You know i haven't seen plby since earlier today, still hanging around in the 40s, pretty impressive um, starting to think we're going to see this turn into more of a short now. So we had shorted uh plby back here from this top to this bottom and then it squeezed and now we're considering being re-short again, it's a little iffy because the moves already started so risk is slightly elevated but um.

It's another good probability that we're going to be seeing this come a little lower but yeah. If you look at the chart on the right, i mean that's. Definitely a hockey stick formation very susceptible to you know big decreases so we're watching this currently for a downside. Move too, i'm probably going to take my loss on your quality um yeah.

Let's take a look at pinterest and ebay, yeah pin so yesterday i don't know if we did an analysis on pinterest um, we traded it. We didn't really treat it that great, but our recommendation for a target on the downside for pinterest was um 65.53. We didn't reach that yesterday, but we got there uh this morning today. So if you wanted to be a dip buyer on pinterest, you should be buying the 6536 zone as characterized by the screen here on the right.

You can see where the bottom of this daily candle is at. So the screen on the right here is a one year, one day chart and you'll see the prices decrease all the way down to negative one. Uh deviation so we're starting to get bought up here off this trend. So if you were going for a bounce move on uh on pinterest, ideally you'd be you should have already been buying in this zone.

For the most part, that's that was kind of your dip buy zone um with your exact price points being all the way down to like 65, 30s, ideally, 65, 40s um. So yeah it looks like it's going to try to bounce. You got a big gap in the way up. I i bet over the coming days as long as the markets.

Don't trade too bad here, you should see pinterest up so yeah, probably a decent swing, long location for pinterest. So i am uh, i'm looking at doing a dip by a neo um. I wanted to see how it would hold the 38. So this is the same exact scenario as uh pinterest to a degree, you'll notice that neo's dropped all the way down towards 38 70s.

Today so 38.70 was our next price target down. We predicted the pullback. We go to um so realistically, this is a good dip, long location. If the trend is to continue up, you'll be at basically the absolute low of this dip buy you'll see as you look at the screen on the right, how we came down to this yellow negative one deviation.

So that's the low risk support bottom and you can see we shifted through it a little bit today. I'll show you you can see. We had and actually give me one second and i'm going to uh, bring up some of my other tools to make this a little bit easier um. What is this screen? One so i'll show you that move this over to there and bring this up to here.

So yeah you'll see that we shifted through that price point today, but then we got back over it bounced it bounced it bounced it perfect to a t, so that tells us that there is a portion of the market on neo that is willing to respect this. This this zone as a dip buy so part of the problem with neo2. Is it likes to follow closely with tesla's trading action hold on the problem? Is i like to follow closely with tesla's trading action and tesla is getting beaten down and tesla isn't quite on support, so if neo holds somewhat of an equal weight to tesla in regards to its trading action from this point forward into tomorrow and tesla trades down, There's a good chance. We see neo lower, so i'm not in long yet, even though we're right on that bottom support and the only reason why is i'm still fearful, we'll see tesla a little lower down to the prices of 655..

Let me explain why we look for 655 on on tesla here. So if we zoom in on the screen on the right and then we go to a four hour chart well, i guess we're pretty darn close, not quite, but you can see where the yellow trend lines at on tesla on that chart on the right same exact Scenario as neo is currently in same exact scenario, different chart formations as pinterest. Now that's the thing is you see that there's still a decent space for tesla here all right, let me zoom in you can see there's still sort of a decent space from you know. The 675 down to 655, so you still could see like a 20 decrease in the shared price of tesla before it really finds its footing and if tesla decreases 20 a share, i'm pretty positive neo would see some sympathy to that and that's why i'm not quite Ready to put risk on on the dip buy with neo uh for right now.

At this point, um hmm ah take a look at bo. Xl yeah, you know i haven't, haven't traded that stock in a long time, but i've obviously seen it trade. You came from a low-risk dip, buy you're you're, basically at fair value, so you're not really getting a deal on it, you're, basically buying it at fair value. So it's not really on sale.

It's not extremely overbought you're, pretty much fair price for the stock, so you're at the statistical mean right now, which basically means you're at like the midway point. So yeah i mean i don't really care for it um, but in the short term, what the bullish side of the market wants from boxel is to essentially hold over the price of 260.. So, in the short term, the bullish market wants the price of box l to stay above 260, because then they might be able to run a move up to the positive one deviation mark of 330 and beyond um. If the bulls are unsuccessful at holding 260, then the pendulum should swing back down to the negative side, so in the immediate all you're looking for is voxel to hold here: you're, not overbought, you're, not on sale.

Your fair price for that stock, for the most part is the way it appears. That's funny, you know. What's funny, i've actually seen the same thing. I've seen like uh i've gotten a few ads and like a few things in my emails because of our company name and the name of the channel um, so i've been sent like boilers or from some crazy stuff, but yeah pretty funny.

Um yeah, i mean you're not wrong about that um. Regarding the chip shortage and the troubles in china, fueling neo's decline, like that's the primary reason i would say for most of the decline um, but at the end of the day you would imagine that the chip shortage thing will eventually get solved. So to me, it's you know it's just news being dragged out, in my opinion, um and the other reason. I say that is i've seen so many news events come and go that that affect the stock for today and tomorrow and then next thing you know two weeks later um, you know no one's even really worried about it.

So, that's generally how the news works in the market. Nok failed me. You know i was watching. I saw nokia way earlier today, but i didn't i was like nah.

I'm not gon na do anything with it and i was actually debating shorting it i said, should i short this i'm like well at most, it's really only gon na move like 10 20 cents. So it's like. What's the point of even really trading it for 10, 20 cents? So to me it was just something i didn't really care to trade for only 10 20 cents you'd have to take gigantic size on it, for you know a decent payout um. So i pretty much decided not to bet this bearish today only because of its range granted it would have been a winning move.

But if you look at the screen here on the right, you'll see pretty much. This thing was opening directly on resistance for the day. So you knew when the price was trading up at about five bucks. There was a strong chance.

It would pull back because it was right at plus two deviation so and it was the first time going there. It wasn't a second attempt, um so yeah. This can't yeah there was there, wasn't a trade there for me and you'll see i mean even from the open right it opened at what 480 dropped down to a low of 450 five, so only really moved 30 cents on the day. It's a good move, but you know, if that's what you're trying to go for, do you think twitter will rally after dipping today.

Let me go. Take a we'll take a peek at twitter in just a second here, so uh annie. That's actually that's a good topic of discussion. Um is whether or not excuse me whether or not um amazon, it's basically whether or not amazon's go long or short um for the split give me one.

Second, so yeah, if you guys remember back to tesla right, remember all the hype going into tesla's, uh, split or tesla's earnings or sorry uh into tesla split. I can't remember if it was trading. I think it was right around a thousand and then it split went to 500, but anyways. So if you guys remember what happened on the split our recommendation, that was that the stock was going to sell down after the split um.

You know a lot of the market was pumped up going into the split we're like no. You should probably sell after the splitter going into the split, because the market was really just pumping itself up getting itself excited on it splitting and in reality a split doesn't actually make you or lose you any money on the stock, so people were buying into the Stock with the assumption that the split was gon na, make it go higher and make it more money which the idea made it go higher, but the split in itself doesn't actually do anything to make you more or less money. It's going to trade, the same as if it was trading without splitting the only thing that changes is how affordable it becomes after the split which then could make more people want to buy it sure. So the last time we seen, i would say, a split to this caliber was tesla.

Now it's going to be amazon, so i think there's going to be an initial excitement going into it. That could drive the price up, but inevitably here's the thing. If the price runs up to the split, then i think it's going to sell off after the split. If the price doesn't really run up into the split, then i think it's going to run after.

So it's all about which way the market runs it before. The split, in my opinion, is, is really how amazon is going to play out so joshua, it's really more or less where's tesla moving tomorrow. So, if tesla moves lower, i expect we're going to see neo down uh. My price targets are we're already at the price target, so i think you're going to see neo somewhere around the price that it's currently at a little lower a little higher, but i don't think you're going to see a big drop overnight.

Nothing to that regard, um. So i might do a little trading for amazon earnings. So what we'll do right now and not that i don't want to look at you know. Maybe everything else you guys are uh are watching, but i want to uh we're going to go through um and do a little bit of research, which really doesn't take very long.

It's going to take two seconds alright. So what we're going to do here is look up the options chain for amazon, our i believe it so we are projected amazon - is projecting a hundred and forty nine dollar move for earnings. So this is kind of it's a strategy that i use from time to time for uh for earnings and it's basically looking figuring out the projected move for the market and then you just basically price place price levels, uh around that so wow, my platform's running so Slow, it's ridiculous all right, so we have a projected move of just call it 150 on amazon. So what are we trading at we're trading? At i mean that's one thousand three thousand four eighty, so we got ta go up 150 points from there, so let's go and look at it on a one minute chart so we're at one three thousand four and it depends where it closes.

So this is really just a guesstimate based on where the price is at right now, so it kind of depends on where amazon closes, but we're training at three four. Seventy three three: seventy all right, there's that one and now we're at what i say: three: four: seventy, so we go up to three five. Seventy there's a hundred and we're gon na go up five from there, one all right, so i'm gon na shrink this down. This is a one minute chart, but ideally this is this is where amazon's gon na move today on its earnings.

It doesn't guarantee it, but based on the way the options market is set up and the volatility um for amazon the options market is projecting that there's going to be a 149 move uh with the share price of amazon. So if you know how far it's going to move or if you know the projected move, which is 150 bucks, theoretically, you could place two price targets: 150 away from the current price, and then you have a good guesstimate is where the market can move. If, in the event, the option market is correct, now i'd like to go a step further on this um, and will you guys do me a favor too, for those of you that are here take a moment share the stream hit the thumbs up and, let's see, If we can get the views up here on the stream only because i'm curious, it always seems like we get such a low view count in comparison to some other channels. So hopefully we can start competing um yeah, i mean if you, if you take those two price points right we've done that now.

This is what i like to do is a step. Further is go to the daily chart after i've placed those price targets. I want to see which ones line up with desired trend targets so for right now there isn't really any good trend target off the daily chart. So let's check the four hour and the four hour gives us price targets that are decently reliable.

So the way it looks is if we were to go to the 150 target on the downside on the four hour time frame. It brings us into a support level, so i would say: there's a good chance that we're going to see the markets yeah to about here and here come on see my platform's just going so ridiculously slow right now. It's ridiculous, so yeah, based on amazon, with the way it's set up. I think you're going to see amazon move to a price of well if it would ever work.

You're gon na see amazon move to a price of uh yeah 3576 to 3620, and then you'll see a move to the downside to 30 to 3 320. So that right there, ladies and gentlemen, is right now kind of the projected move for the earnings on amazon. So how do you project the estimated move? You go to the earnings uh. So basically, you just got to go to uh the earnings um here i'll show you now you got to go here to your earnings like this or sorry.

You got to go to your options chain and you're, going to go to the earliest x, firing option chain and then you're going to add up see this one. Maybe i did. I did look at that wrong. No, no! I didn't yeah so you'll go to the earliest expiring option chain, you're going to open it up and then you're going to look for this little number in the top right corner, and that is the put and the call being added together at the money to create 149, so essentially, if we scroll down on this option chain when we get to the at the money and i'm going to do something really quickly one sec yeah, so let me bring that back up wherever it went yeah.

So what you do for this is you go down to the at the money for amazon which takes a while to get there when you're, looking at all of them yeah and pretty much you just gon na? Take this guy and you're gon na. Add it to this guy, and you can see these these options here cost seventy five dollars and this one costs seventy four dollars. You add up. Seventy and seventy that's a hundred and forty at five and five, that's a hund, that's ten! You got 150, and that is the projected move for the market today on amazon.

So it's by taking the at the money call at the money put adding those two together. That number is 149 and that number is also displayed there. So if, in the event, you use some sort of platform that has a different options chain, you can always um. You could always just go to the option chain.

It's or sorry, if you're, using a different broker and the option chain does not display that number. In the right hand, corner like you see here on thinkorswim, then all you have to do is just add the add, together the at the money put and call and then you'll be able to come up with the number. So if it's not easily or regularly displayed for you and like this is then you just add them together and then you know the projected move for earnings and um a lot of times. You'll see that the market is it's pretty accurate in picking those uh those movements.

Let's see what else we got going on here, remind you of christian bale huh. I guess i could look like you know many other worst people, but he's pretty he's good. Looking i'll. Take the compliment i'll take the compliment.

Um, we can take a look. What was that m-e-t-x and any rack at me, tx yeah? We could take a look at met x here. Give me a second um, so any tx was a stock that we were going to short today, never end up pulling the trigger only because i couldn't just quite get the feel for it when it wanted to crash. I just stayed away from it, but something with me tx i mean it's a downtrending stock.

I don't really think you're going to see this explode again. So really put it simply. If you found yourself trading metx somewhere in this zone, it's not really a good stock to be holding at that point, because your average price is just you're just so far away now um, and if you look at the screen on the right, you mean you will Notice that when i change the time frame here, a bit um yeah, i was gon na say me - tx as a whole has kind of been trading in this downward channel a little bit. So i mean you're kind of on the high side of the channel.

To my to my knowledge, so i don't think you're going to be seeing a recovery from me tx too soon. At this point, any updates, nope, there's no updates on standard deviation. No, nothing of that nature. Nothing like a debt um.

So now what we'll do is we'll go. Take a look at twitter because twitter is going to be reporting tonight so again, we'll do this the the manual way. So if we come to here, that price is 305, 310 give or take - and we come over here and this price is 335 on the high side. So we have 3.10 and we have three dollars and 35 cents.

Add that together and you're gon na get six dollars and 45 cents and the options chain here is saying: 620, because again, i'm adding the high side on the spread. So if you were to go in the middle of course, it's going to be a little less blah blah blah long story short. Add those two together come about 640 620 and that's the projected move for twitter. So let's go back to twitter and let's map out what six dollars or six dollars away from the current price action is so we're trading all the way at basically 65, and we said it was gon na be six bucks.

So we're going to go up to 71, so we'll just put a mark here at 71.. Why did you do that? That makes no sense. I see. I know why i did it.

I know why you did the 71. come on thinkorswim. You can do a bun you're, only like a multi-trillion dollar company and your platform lags every day. I mean you think you get it together by now 65, so we got to go down to 59.

all right, so there you have it. Those are your projected moves for the market i'll make these a little bit i'll color code them they'll, make them we'll make them green, bright, green, because why not and then we'll make them bigger. So the projected move for the market today on twitter is going to be uh 59, give or take a little bit to uh 71., make that green on my day b, full money. So that's your projected move for the day now.

Do you notice anything ironic after we have made those price targets, so we just go to the options market. So all we've done right now is went to the options market to see what the options chain look like and see what the option market is implying. They're implying a six dollar move: okay, now look at the screen on the right: where do those two green lines line up very close to this trend line and that i'm not zoomed in enough? Let me let me zoom in a little more, so there's no! No! Everyone can see it even your grandma sally sitting on the couch right now with their big old bifocals, so she can see it too. Okay, so you see we put those two levels there, based on what the options market said and those two levels ironically, come out.

Almost exactly next to the statistical mean and negative one deviation trend. All right. That's on the four hour chart. Let's also just double check the uh, the yearly to see if there's any other similarities or coincidences.

If you may so yeah, it doesn't look like we're going to be respecting the daily chart move. Well, you have a half deviation there that could work, but no yeah, but what we should also do is make sure that we mark off some of our other trends. Here because they could play an important role in the fluctuation come time, and then we got this guy down here all right. So basically, given the way the market is moving and what they're expecting on twitter and again it's all based on kind of the closing price.

We should really be looking for a move up close to 75 and a move um down towards 59 was that it 59. Yes, sorry, 71 and 59, okay, yeah, so overall, not a bad day. I mean it's. Definitely i mean things are moving, believe it or not.

Game. Stop is actually going up, it's kind of hard to believe because it's such a bag, but you know i guess the sun shines on a dog's ass every once in a while i mean yeah, i mean whatever i mean. That's the thing. That's a funny thing about the market.

It's like wherever there's momentum, there's momentum, even though you probably shouldn't be owning gamestop at these prices, the apes keep buying, so it kind of is in a squeeze formation. Believe it or not, so don't be surprised if, over the next day, you see this up more, i just didn't think we were going to uh. I didn't think we were going to see gamestop really going to the upside too much more and the reason being is because amc started to come down for the longest time. These two stocks have been moving in unison, together and so amc is selling down and game stops going up.

So it's just interesting to see the two stocks, not trading in unison for once, but generally speaking, gamestop should i mean it's a trash stock. Obviously, but it's performed freaking amazing, so, let's give an idea. I mean i, i think what we'll see over the next couple days, if gamestop is really meant to jump, you're gon na see it hit a price target of about 209 uh. Let me also double check some other time frames.

Yeah. 209. Oh, wait! That's the same time frame clown, uh yeah! I mean a realistic target's. 209.

A very unrealistic target would be like 259., so anyways, i think, there's a good chance. You see gamestop up to 209 um, just based on the way it's been forming up and then once it gets to 209 you'll, probably see it. Pull back and you'll have a short day so yeah. If you're long game stop and you jump to 209 and you're trading short term, that's a great profit target location yeah i mean i use other.

I use other indicators. We look at volume. A lot um moving averages, ttm rsi, but generally that's it. I mean rsi ttm volume standard deviation, trend, uh, candlestick formation um, but for the most part, that's it there's plenty of other tools out there that i'm sure would definitely help me or help you that i don't use currently but yeah there's a lot of stuff out There definitely definitely a lot of stuff out there now something that did change the other day was uh.

Well, nothing really changed, but jerome powell did come out and tell pretty much the world that we're going to keep pumping money into the market, so 120 billion dollars will be going into the market to purchase the bonds of corporations. I mean literally almost every adult and kid within the united states could pretty much be set for life if they just would have took all the money that they used to support the economy and just gave it away. We you'd be better off. So it's it's impressive.

What we're doing um, but yeah 120 billion dollars a day going in to uh or whatever it is 120 billion a month. It's pretty wild, so zero percent interest rates continue, so inflation will continue to rise. Home prices will probably continue to go up. Car prices will probably continue to go up.

Everything will just continue to go up uh until they pull the plug. So i think the i think really the market just ends when the fed ends which who knows when that's going to be right. Just keep printing baby. Keep printing damn money, but just make sure you give some this way, because i didn't get no stimulus checks.

You know i thought, like i thought we were doing this whole fair equity thing, and then i didn't get no check. I'm just sitting here right just sitting here: no check no stemi, i don't get it i was. I was really pushing for this whole fair, balanced equity thing and i get a fair shake. Well, i guess i just have to continue working continue working.

That's what i got to do you know so it's funny because a bunch of my friends like oh, i got that check. I got that check and i was like i get nothing. I don't get nothing so, but i will say many of them used it wisely. So i'm happy that they they chose to do it wisely actually come to find most of the people that got the stimulus check, ended up spending it on like bills and things that they were supposed to spend in dogecoin, believe it or not, so not bad money To the people, why, then, why is the market trending down? They don't believe them anymore.

I mean, if you want, i mean: why is the market trained down the market can trend down for any reason it wants, but - and this is actually something that i forgot in my analysis today, but the market was realistically right on resistance today. So that's why, in my not in my opinion, i know so i i thought we were like gon na break this and i thought we were over it, but really the day opened up just below resistance. So if you look at the screen, i'm zooming in here's the nasdaq right we're right on trend resistance. So we haven't actually broken trend resistance, so we were pretty much meant to have a down day and then, if you look at the screen on the right, our dip today went down to trend support.

So if you see that look at the screen on the left, okay, this is your resistance, which i failed to recognize today. This was our support trend. So again we moved from top trend on the daily down to trend here on the bottom, so the market essentially just pulled back from normal trend resistance down to normal trend. Support at this point, so that's just kind of how the market's moving, which means you don't even really have to be too nervous about the market pullback until you're, actually closing below so like this drop today, completely healthy, no big deal um unless you're actually closing below The prices of like 337 74 right now, there's really zero concern right now, with the with the spire in the immediate for that matter, um.

So i think you're yeah, i think we're fine. I mean then again, we are back at all-time highs, um, we're back at all-time highs, but we're really just on trend right. If you look at the screen on the right, we're really just on the statistical mean we're not overbought, you know, so we're not really extended away from the mean we're we're right on mean, so we're not overbought we're not oversold we're nothing. We're just ho-hum dilly dally life's good, pluck out 120 billion a month, jay pal and life's life's gravy, so we're fine believe it or not.

My long-term portfolio was up like 65 year-to-date and then like the last three weeks, the market goes up. Well, maybe like the last two weeks, maybe like two and a half three weeks, it doesn't matter last two and a half three weeks. Marco goes up 14 days in a row and my account goes from up 65 to like 45.. So clearly i wasn't getting any of that growth.

I was clearly in the wrong at the time so kind of interesting for once to see the market go up 14 days in a row. Basically - or maybe it was 10 12 days in a row. Let's see 1 2, 3, 4, 5, 6, 7. 8.

9. 10. 11, 12, 13 green days in a row in the spy, and my account goes down 20 percent solid, solid, investing good stuff bud rock on. Do you avoid trading more in today avoid the slow hours generally, i'm not even trading after 11 a.m.

Generally, what we try to do in our premium room is just trade for, like the basically the morning session of pre-market into about 11 o'clock and just call it a day. Whatever money's been made has been made, whatever money's been lost has been lost turn the other way. You know come back the next day unless there's extreme volatility, then maybe we'll trade longer um and even then, generally after i hop off i'm really not doing much trading. There's times i'll take a trade here and there, but that's just it unless there's really volatility day trading, doesn't it's just it's not as easy.

Just put it that way, not as easy. So, basically, all of my long-term stuff - i would say most of it um, but a lot of it's etf based. So it's it's just basically it's the simple investing approach: dollar cost averaging picking low expense ratio, etf or funds for that matter, but you know etfs and you're. Basically just diversify the market.

You own a little bit of everything, so you're gon na have bad investments. You're gon na have good investments and you basically just look for a generic long-term return of seven to twelve percent, hopefully twelve percent. That would be freaking awesome. At 12 12 i'm drinking mojitos whiskeys, i'm on the beach expensive, cigars, oh yeah, at 12 return for the rest of my life, shoot dude i'd be golfing non-stop, so anyways um.

What i own i own, like a lot of them. I own, like i own, a good amount of emerging market funds too, so um, i'm broadening the perspective that over my lifetime, the united states is not going to be, and it really isn't to be honest, um, the conquer all be all country um. I there's 100 percent, no doubt there's significantly more growth in other countries outside the united states. At this point, it used to be the other way around we're kind of moving into.

I believe we're moving into a world where you're going to see stronger returns over the next 40 50 years in china and africa and brazil, not necessarily brazil, but just emerging markets, um underdeveloped countries since they're underdeveloped. They have a lot of room to develop. We are already very developed so we're at a slower growth rate here, more consistent, less volatile, but playing on the idea that eventually the underdeveloped countries will become more developed, essentially uh. Generally i'm trading with around a hundred thousand.

Well, that's a lie. No, i have a hundred thousand dollar count generally uh these this day and age, and i trade with about ten to fifteen thousand dollars per position. Come on. Buddy start cranking out some heat.

You wouldn't believe it man, but this office that i work in gets extremely hot with all these computers running, so i always got to keep a little dyson fan below me. Um, let's see it's dead tommy, that's a good one bud all right! So we'll move to the next thing, which is uh this might this might be of some interest to some people, ocgn yeah, i mean i could see a lot of people liking. This oc gen was a stock that we touched on a little bit earlier before i hopped offline in our premium room recommending this one is probably a long we're thinking. This is more of a long after it's done, it's big jump consolidated.

You can see we're jumping a little bit today, um, so we're thinking. Overall, we might see ocg and go for another long. Press um, it's just been grinding up pretty pretty nice all day, doesn't mean that it won't come down today, some bit, but over the past couple days. You know it's been getting.

You know bought up on the dips down, bought up down, bought up down, bought up um, so i mean it has the potential to squeeze out some traders. Overall, the stock is not extremely overbought on the long term charts. Theoretically, it could run all the way to 18 and it would be completely normal, um, so yeah. This is.

This is something that might interest interest a couple people and part of the other reason we liked it too is you'll, see after this big pullback, you had one two three four green days in a row right, so it's like the pullback alone. All of the days are green, so it's just interesting because you don't typically see that where a stock pulls back and then the pullback days are all green, it's kind of a now. Is it unusual, but you don't see it as often so that's another good canon candidate, i think we'll keep our eyes on over the next couple days. You know a respectable jump would take this anywhere to like the 1430s to uh yeah 1430s.

To you know 1297 area um, i don't, i don't find support or resistance outside of deep. Well, i guess i do, but i don't, i will honestly say pretty much. Almost every single day, your stock is moving to a deviation level. 100, almost every single day.

Very rarely are they not um and when they're not there's reasons why you have to find those out and they could be for whatever reason they could be. The stock markets tanking, because tesla's dropping and since neo follows tesla tesla's taking neo down um. You know it could just be stock. Has some really really good news on the day and it's just strong enough to say fu to all the uh, the deviation levels as well, so it goes both ways, but, generally speaking, almost every single day, whatever stock you're.

Looking at it tags a deviation level and as long as you pick those levels correctly and wait patiently generally there's a decent trade around all of them. Um, it's just a lot of times a matter of waiting to be honest, amazon earnings predictions that it's going to move 150 points. I don't care which direction i don't i don't play which direction it's going to go. I just anticipate it's going to go one way and then we'll figure it out then um yeah, so 150.

Point move for amazon is what it's projected to be: um yeah our market long for nasdaq was going to be uh yeah uh 348. So if we really do get a nice jump here, the next target up, we would look for is 348 right. Um now mind you that target of 348 is completely irrelevant until we actually clock cross your current resistance, so you still are under trend at 343. So until you're successfully up and through you're - not even really you still - this is the target.

Right now is 343, but we want to break that resistance, so we can hit a higher target so right now, really the target back up would be 343 and then through 343 could lead you to your next target, which is uh, and this point would be slightly Over 348. um, what was um predictions with neo my predictions with neo? Is we already missed the bounce? So that's that's my prediction with news you already missed. The bounce bounce is meant to be had way long ago off. The deviation that we touched on still i kind of thought tesla was going to go lower but tesla rolled into a big squeeze for the day um.

But that's all good, i mean, like i said we were close to support not quite - and this happens from time to time. You'll see like you get very close and then it holds a bounce. But still i think next couple days you might see tesla still down more, so i'm not really sold, but there was a good balance on neo mm-hmm that makes sense. Uh yep, yeah yeah, using thinkorswim, stinker, swim, charts, correct, correcto, mundo, all right, um, let's see yeah.

So the other earnings report coming out tonight there was uh amazon, twitter, uh neo. So let's go take a look at um. Neos. Excuse me we'll go! Take a look at neos earnings move yeah, so nia only neo currently has a projected move of only three dollars.

So let's go figure out what the deal is with that 39 to 40 60 interesting, so we're gon na delete all these old drawings off on neo yeah, so just post a link there for those that are interested in the actual chat room portion of our service. Um: okay: let's go, take a look at um again neo now, so we have a projected three dollar move right: yep, three about 316, so we're currently trading at 39.50. Basically, so we got ta go up three points so projected move for neo is going to be there and then also three dollars down: 350. 37.

50. 36. 50. about there.

Okay, now, let's check the daily chart yeah, so the projected move with neo doesn't actually put it around. Any big support level, which makes me kind of curious makes me maybe not want to follow this one as closely but yeah. The projected move for neo is supposed to be three dollars which would take you down closer to the uh 200 moving average or back up towards the previous high. But realistically there isn't uh.

There isn't really any big trend that i would go off of here. So i don't really know how this is going to react, but they're saying that we should have a move closer to 4260s and move closer to 30s tonight on on the stock neo. Hmm, there isn't really, and also there hasn't really been a lot of volatility. I mean pretty much, i don't think i've seen.

I don't think i've seen a stock move for like the last three hours to be honest, yeah gtrx got just completely smacked today, let's go check on our plby, i'm just going to run through some things here see. What's going on plby and moving back up to resistance so again, if plby is meant to continue trending down right now off this high, then you would imagine it would probably do it right around fifty dollars um. So moving back up today. The fifty dollar price point is a decent resistance mark um for uh for plby, but overall this thing is just still strong.

You can see today alone. Had another volume beat buyer beat to the upside. All right, you can see that volume spike and actually let me do something here. Real quickly i mean yeah today was another big buyer beat so realistically buyers are still in control of the plby move for right now, ttm's on the dark side, but still buyers are still kind of in control slightly.

So what they're most likely going to do is move the price back up to about 50 bucks, and then some sellers will try to come in around 50 and it really all depends on how strong the sellers are at 50. Can they continue the trend down? If not probably going to pop it right back to highs yeah, we need the sellers to come in at 50, this time or else again it forces another squeeze. It looks like well do remember, wyatt when we said to yolo plby the stock corrected 30. In two days - and we literally gave pretty much the exact top and the exact bottom for that trade, so you know realistically it went higher, but the recommendation was from you know, 45s to 31, which was a 30 correction.

So, ideally, if you listen to that, the trade would have worked pretty much spot on ah market, the spy almost to a green day, almost recovered. All of today's losses, fantastic move, look at that! That is just that's bullish. That's very bullish! Remember that that's another thing! Right whenever you see an equity, a stock, an asset crash same day recover the losses same day. That's a bullish sign.

That's like saying you know: uh just kidding nope just kidding right, yeah like for whatever reason you're like yeah, i'm gon na, do what i'm gon na do and you're like no just kidding. None of that was even legit. You know that's a strong sign that you have a bullish movement. Continuing give me one.

Second guys i will be right back in the meantime. You can look at this cool picture. I made for you guys all right guys back here, um, so cloud carrier amd, so amd you know what's funny is, is how much i suck. Sometimes that's that's the reality of it is our recommendation to yesterday.

We took like a little long down here and we're like all right. We can dip buy. This ended up closing it this morning and then we're like well. I could see it swing down as low as pretty much this price yeah our price target.

Back on the downside was 80 to 80, so pretty much amd is coming off of support, so you're less likely to see amd roll over and go down now because you essentially crash down to support you're on the 100 moving average, the nine moving average and you're Coming off of the deviation here so long story short, this was our down target for the day and the bounce level um. So i don't think you're going to be seeing too much of a decrease coming in there on amd for the time being, whatever happened to mbis today, that's a good question. Well that dropped down to the nine moving average. Whatever happened, what there was a wwvi, that's right that bag wvvvi was the ticker yup sounds about right.

Hmm, probably, should add more i'll, probably go down whatever so yeah. Here's, here's a good one to follow, just to see if it uh ends up playing out. So i mean here's an example of a stock today, gaps up a bunch of people put on their bike helmets and go to war today and get smoked. Um i mean it was a gap up no news running extremely overbought, all time frames and you know sometimes they work, but it's just.

It does not make sense to be buying into that today, while it's overbought by about three points from the first support level and there's no news so stocks running up on the day. No news and extreme overbought like this is a classic example of what not to log into now. Sometimes they explode, which is just means people are just buying them up with no regard to what it is, but there's a good chance we're going to be seeing wvvi back down to prices of 12 even by tomorrow morning, at this point yeah. But right now it seems like the target back down for wvvi is about twelve dollars.

Any cool news happened in the market recently, no, there really hasn't been too much more. What's this fed chairman, mr jerome money, printer powell, in response to gamestop dogecoin mania, says he sees froth in the equity market, no kidding n, really just brilliant. It really is just brilliant that mr money printer says: there's froth in the equity market, so you're trying to tell me there's no froth after pumping 120 billion dollars in the market every month. Ah, figures figures but figures gamestop trading at 180 dollars really after being a dollar ninety one and you think it's worth 100.

Actually let me rephrase that let's look at this, let's look at this a different way. Let's rephrase this, let's go! Look at a 20-year chart so gamestop back in its prime back in the 90s ish, when we didn't have wi-fi this and streaming that and online gaming, this and online gaming that so gamestop at its peak in the 90s or well. That was oh wait. It's really not the nicest oh wait, but it comes from the 90s.

At its peak 62 bucks company was a hair from going out of business now 179. I think it's a great idea to take ownership of that guy. That makes a lot of sense to me. That's like that's like buying a pinto and paying a thousand percent more than what it's worth today like who the hell.

Why would you do that? Why would you go buy an old pinto today and pay three times as much as what it was worth back in its prime? It doesn't, even unless you're, just trying to trade based on the momentum and force a squeeze which is really all it is right. So i just can't see this ending in misery. Still i just don't doesn't make a lot of sense to me, but i guess it doesn't have to make sense. Either yeah work's been work's been work's, been long.

That's for sure i'm actually getting ready to close. Well, no, that's a lie not really getting ready to close we're, getting ready to go through the whole process of potentially closing on an investment property. So i got an inspection coming up saturday at 11.. If all goes well that i will become a proud owner of a four unit: uh investment property in ann arbor michigan, which is the hometown of the university of michigan.

The michigan wolverines who's been sucking lately, so cheers to that. But anyways uh yeah for unit investment property, so that's kind of the next step in trying to build some long-term wealth for myself and more passive income. For that matter it will be my first rental, um rental house. Yeah rental property will be the first this one.

Theoretically would have become the first, but i ended up finding a deal that i wanted so but anyways this house that i'm in is going to become a rental property too. So all said and done next couple years. If i didn't, if i didn't do anything else, if i just basically sat here and looked pretty in front of camera um, i should have five well five, rentals, theoretically, two properties, five units. I guess you could argue in the next couple years if i did nothing, which i don't plan on just doing nothing.

I plan on picking up some more um but yeah. That's the next step. Cap rate. Everything seemed pretty good right now.

The cap rate's 13 um. So it's 13 and they haven't had rent raise in a while and theoretically, it's still a little rents really under market value. I don't want to be the landlord, the guy that comes in and raises people's rent. So i'm not going to do that on current tenants, but once leases are up and if the tenants don't want to re-sign new leases, i'm going to give them the luxury to stay in their home and their location if they choose, if they don't want to, then The rent will increase for the new tenant coming forward, so yeah 13 cap rate.

It's a uh. It's like a 2 500 square foot home divvied up into four units. You walk in the first, you walk in the front door, you'll go up some stairs and then there's going to be a one bedroom studio to the left and then there's going to be or sorry no, it's just it's just a studio apartment and then to the Right is a one-bedroom unit. Then downstairs main floor is see.

There are two, i think it's a two-bedroom and a three-bedroom unit, so lower half of the house is a two bedroom and a three bedroom unit and then upstairs is really just like a studio in a one bedroom unit, so um right now. The annual cash flow is at forty five thousand six hundred that covers taxes, interest principal all that good stuff and i think the uh net cash flow at the end of the year was 13 000 from that one. So, first property, 13 000 cash flow. That's at the current rate, if i were to bump it to uh an a monthly income of 4 000 in rental income, then i mean that's 200, that's two! That would be 13., so be up to about 15 to 16.

um, and then the cap rate should go up to like 16 or something like that. I figured so it's a good deal. It's definitely a good deal for sure long term it'll be great and um. I guess the current people are the current realtor there that's working on it already had appraised, apparently my purchase price.

They said it appraised a little bit more than what the purchase price is right now, that's because a couple things need to work on it. So that's also a bonus. Um ann arbor is about probably about 35 minutes depending on traffic, from we're at 35 to 40 minutes. So not super close, but not super far nice 18 months yeah.

So for me, um really my whole idea - and you know things change, but the whole idea for me going into any investment property is really just a long-term gain like at the heart of it. Most of what you guys see here is all like day trading and short-term stuff, but at the heart of it um i have, i put significantly more money into long-term investing than i do short-term trading um just because of compounding interest. It's just. There is no question about it: long term, it's just easier to build wealth that way, so the investment property aspect is really just long-term.

If you look at everything from a long-term approach, then it's gold right. If you try to do things too short term in investment properties, then you can pay some taxes and you pay a bunch of fees this and that so, depending on the situation, long term, for me, uh, is, is really what i'm aiming at with all of my Properties given i'm only 27, haven't hit 30, yet um. If i'm able to accumulate you know multiple properties, ideally before i turn 30, i can turn them around in 20 to 25 or 30 and really i'm right at my retire. So as long as i don't pass away - hopefully that doesn't happen anytime soon.

Then i hold them for 20-25 years and then i'll hit my retirement age i'll be ready to cash out, and so the idea is to get you know, 10 10 properties or something hold them all for 20 30 years, manage them all and then come when i'm 50, 55 cash out and go golf. That's pretty much! It yeah! So it's not a bad drive to where it's going to be, but um. You know and my fiance graduated from the university of michigan. So i spent a lot of time there on campus in the area at the bars at football games.

So know the area really well as too, and it's not right on college campus. It's actually a little off campus, not extremely far, but so you're, not getting as many college. Kids renting it's a little off campus. You might be working more with grad students or people graduating or working in the area.

So it's a little bit more of a residential area than it is um. You know college campus area too. Okay, all right, so really we're getting pretty close. We're at 310 here looks like neo's put in a pretty solid bounce.

From that low point, yep sounds like it nice trend up again. If you look at that screen on the right, you'll know exactly why we're bouncing where we're bouncing we're bouncing, because we came down in real and even though i'm not invested in this was the price target that we gave like four days ago. You know like four days like yeah neo should pull back. You have two and we're like.

You, have two price points: you're gon na pull back to um. First was here. That was the second, so this is the first pullback price. We dip off that yesterday traded that up.

Then it sank today, and this is where we should have really been dip - buying the new, the new bounce down here so good chance. You might see this up a little bit more overnight too. Well, obviously, it has earnings. So how do you play it? I mean it again.

So the best way i can simplify the way that i go about trading. It's completely ass backwards from everyone. I guarantee. I don't actually know i don't.

I have no idea. Maybe it is maybe it isn't, but your question about how you go up playing it realistically. The way i look at trading is it's basically back and forth. I look at nothing.

I don't look at anything like a breakout anymore.