Wait what's going on team, how can we not talk about it? Amc is the number one stock that is traded today. I hit highs of 35 percent on the day highs of overall 29, nearly 30 dollars a share. I think it was up over 46 percent uh on the day alone and i think it's up 120 just on the week. I want to congratulate first off.

You know the whole idea. If i, if i understand this correctly, is it's just so great to see that a plan is actually going according to plan, because that necessarily wasn't the case uh. If i'm understanding this correctly, you know there's three main like kind of like wall street bet, stocks uh the first one was gme, it's not really so popular today, i think gme uh alone. On the day i think closed at four percent.

Yeah. Four point: seven: seven percent another very popular one, especially today, uh is space or virgin atlantic right that one closed at 15, which is great, but not as impressive as amc uh. The idea of sticking it to the big guy. You guys know from the very beginning.

This is something that we've been covering uh. It's not necessarily, let's be honest, something that we would encourage an absolute beginner or someone that doesn't want to get into a risky position to partake in as again great opportunity comes with great responsibility and if you're just not there yet then you're just not there. Yet. There's nothing there's nothing else to it, but they have done such an amazing job and a lot of people are speculating that you know.

Why is amc going up so much today? Well, based off of my understanding. First, off short, sellers are down 1.6 billion dollars on the year alone, right and a lot of them have to cover their short position and by covering your short position, meaning buying back your shares. When you buy back your shares in a lump sum and you're a huge hedge fund, then guess what, by having a bunch of other people that are partaking in this amc hold, and then you having to cover your short position, therefore having to go and buy back. Those shares it just acts as more buying pressure.

Therefore, shooting up the price of amc uh. It's not 100, that they're all covering their short positions, but due to my understanding, this is in the very early stages of what they anticipate. I hear people talking about. They think it's gon na go to four hundred dollars.

They think it's gon na go to five hundred dollars a share uh. I'm not here to talk about that. Let's be honest, no one can predict the future, but you could prepare for it uh. All.

I ever want to encourage you. Um within my videos to do is to have a plan right, an exit plan, a best, kiss and best case scenario. Plans. Excuse me uh when to lock in profits, um and feel free to share your thoughts down.

In the comments section, do you think that amc first can break a hundred dollars a share right with all the activity that has going on being the number one stock that was treated today as well? As do you think that it has the potential to hit 400 to 500 a share? I think it's super interesting. Of course it's not something that i'm personally partaking in, but i just felt like i had to cover it talk a little bit about what is causing the stock to go up today. A lot of people are yeah are just talking about uh. You know short sellers.

Having to cover their short position uh and then simply encouraging, especially the beginner people uh to have a plan, watch your position size and don't put yourself in an uncomfortable position that you end up regretting. So congratulations to everyone. Uh. That part took an amc and, of course we wish you nothing, but the best.

I want to talk about my positions today, um, how many of you guys, let me see a show of hands. Um saw the push on tesla right before the market closed. I don't know if you guys saw the news uh right when the market closed. I think it was shared about 45 minutes ago.

It's not anything crazy, but uh. The talk of tesla right. One of the reasons it pulled on back is there is a battery shortage or chip stored, a shortage excuse me and they are working and they're in the talk about you know being able to pay upfront uh for that shortage of chips uh. So as right now, we saw a really strong push.

Uh tesla hit highs of 631.. What i decided to do when tesla broke below 619. I began to buy uh. If you guys saw my video yesterday, i did well yesterday as well.

I've been doing well this all this week. You know this week alone was a very bullish week for the overall market and a very bullish week for tesla, so it kind of goes hand in hand. Please also take into consideration that i have quite a bit of money invested in tesla, so don't compare your position size to mine uh, but all together i made twenty thousand dollars today alone. I've already sold 400 of my shares of tesla that i bought today and i sold it at 6.29.

I did my part in buying when i saw there to be an opportunity when i saw it find a support. Intraday and i decided to sell you know once we hit a little bit closer to that six, thirty dollar resistance, uh or six thirty resistance level, so um i'm very excited to follow up with tesla. Of course, i still have over a thousand shares invested in tesla, but i need to make sure i add over two thousand shares just a couple of weeks ago. I need to make sure that i prepare my future self for success, so i don't want to always just think that tesla's only going to go to the moon, but take into consideration just like we talked about amc and just like we should with any stock right.

We can't always be blindsided that it has to go up. We have to think about the worst case scenario and just mitigate risk right, so i'm preparing for a pullback just in case it happens, but i also have a dollar amount invested that if it continues to push, then i can benefit from that push right um. So i want to have enough buying power left over that i can buy another thousand shares of tesla if it breaks below 550. A share, that's kind of the plan.

Also, if you guys pay attention um, you guys had nothing but great things to say about peloton. Um, i invested a little bit more on peloton just due to how it began to perform, and you guys could see peloton today alone cleared over two percent, so it hit highs of 212. uh 112. My apologies uh, and it's up during the after market hours.

It doesn't have to continue to increase or uptrend. I'm almost fully invested. I plan to be in with a hundred thousand dollars and right now i have eighty nine thousand dollars invested. Ten thousand of those eighty nine thousand is profit from my averaging up already into tesla uh averaging up into pto and sorry, i'm all over the place uh.

Where do i see pt1 going well from where we're at as of right? Now to previous highs, i see there to be potential, especially them investing into that new u.s factory. Investing 400 million dollars do i expect that to happen anytime soon. No - and this is why again, i'm comfortable holding pton and that's my intention. All we ever like to share with you is never put yourself in a position to fail and if you go all in and you expect it to recover within a very short period of time, you're kind of just setting your future self up for failure right, uh, Just make sure that you have a good head on your shoulders that your position size is effective and that you mitigate risk in some form of way, so that was really just an update.

It was a very easy day. Um everything was green, so it was very easy to be green, so i hope that you guys ended the day in the green tomorrow is friday. A lot of you guys know that we're hosting our free live trading session uh. You don't have to do anything special.

I'm going to be hosting the free live training session on youtube. It's free! It's going to be at market open, so whenever the market opens wherever it is that you are that's when i'm going to be live, if you want to tune on in you can subscribe to the youtube channel, you can turn on your post notifications and youtube, should Alert you when it is that i go live, you guys can feel free to follow me on instagram friendly reminder. I only have one instagram account, there's so many fake ones out there um and i have 186 000 followers on instagram and i will post the link there right before i go live or you can join our free facebook group, which is that first link down below So i wanted to update you guys on how i traded today um how i did updates on my position and my position size adding more to tesla and then selling it and then adding more into pton and then holding it and, of course, having to talk about The most popular stock today and that's definitely amc - i'm excited to follow up just for the sake of all of you guys and and how crazy it is, what a time to be alive right, how crazy it is that amc is pushing, and i wish you guys Nothing but the best hope you guys approach this with a proper plan in place. Uh and just doing your part - and you know mitigating risk if it were to pull back again worst case scenario, um so again, i'll see you tomorrow for our free live trading session.

If you're going to be tuning on in make sure you drop a thumbs up, don't forget to stay connected with our free facebook group. That's that first link down below and like always, let's make sure that we in the year on a green now take your digit team.