Hey everyone welcome back to another market, closing live stream, so we are in an environment that is quite insane right now, particularly because there is so much fear around inflation and uh in this course, member live stream that we had earlier today. We talked about uh strategies for hedging your portfolio in various different ways that you can: hedge, your portfolio, there's so many different ways: uh and one of the things. That's so crazy. We're not going to go into all these different manners for hedging your portfolio.

Some of them are uh uh, quite unique that i think you should definitely encourage. I encourage you to check out the uh. The courses linked down below, but what's most important right now is: when do we actually think that inflation is going to inflect to the downside, and so i was thinking about this a little bit and and putting in some thought over okay, when when are we finally Going to see this, this pain u-turn - and i think this is where it's useful - to try to analyze uh what the chart looks like on cpi - and i want to show this to you. Okay, say: okay: here we go so remember when at the beginning - if maybe you don't remember, but at the beginning of 2021 we talked a lot about how inflation was going to be comparing back to a hole in 2020 in march and april, and that we were Going to expect some pretty high inflation in march and april and that's again because you compare back to a whole of the prior year right and so here's how that works.

If you're right here and it's march and april you're, comparing back to the april number over here, well now, what you're doing is you're taking 2 about 67 267, a new number you're dividing by the old number about 256 by about 256 and you're. Getting this inflation rate of about 4.2 percent right that gives you this year over year from uh april, comparing back to last april well now, the cool thing is we're about to run into this this level, where we get december data, we get january data and we're Going to start looking back to this period of time right here that was relatively flat and my belief is that the biggest pain, oh thumbnail yeah. Thank you. Somebody reminded me that i stuff to do thumbnail.

Thank you for that uh. Let's do that really quick and then we're going to talk about the biggest pain, uh and and where that might be so we'll talk about that. So there we go yeah thanks, okay, so the biggest pain, in my opinion, wouldn't be necessarily comparing to this flat point. I actually think there's there's still a risk of having pain come uh by wednesday, wednesday's cpi data release date right and that's because december of this year is going to compare to a relatively flat period of time over here.

Whereas if we compare from let's say february march and april of this year to february march of last year, we're going to be comparing to the slope over here, this increasing level of inflation - and i think this is going to be where potentially, we finally see inflation Rotating down, and so we might not see inflation rotate down until march or april, unfortunately, because we're still comparing to that flat section of the curve. For now, that's just the take uh so in case you're wondering how much longer is the bloodbath going to last? Do you need to hedge your portfolio and what are different strategies for that? Well, maybe uh and uh, and you should break down and write down some of the different strategies that you have uh. Obviously, the biggest one we're not going to go through all of them here, but uh biggest one would be minimize your debt right and be careful with with especially yolo options. You know be careful in this kind of market, but anyway, this gives you a little bit of an idea in terms of my thoughts of when we're going to see some form of a rotation, uh and uh.

Maybe we'll do a different video, later kind of just breaking this down into a little bit more detail, but these are some thoughts here: uh, okay, good, so uh. That's funny yeah wrong wrong, pin to comment there. There we go okay, so let's go ahead and take a look at how the market is winding up right now so uh we we got off some of the crazy lows this morning was insane uh i mean we were down two and a quarter percent on the Nasdaq, we were down over a percent on the s p. The dow was down over a percent.

It was a bloodbath this morning and the bloodbath has uh some to some degree here, u-turn and that's nice, because there are some massive sell-offs this morning, uh and a lot of stocks that sold off this morning have u-turn, uh, now again, remember in the course member Live stream that we did, we talked about multiple. We talked about how many do we talked about. We talked about uh one, two, three, four, five, six different ways to hedge, your portfolio right now, uh. So if you are a course member make sure to check out those live streams every day you kind of get like a new little lecture at the beginning, so always increasing content but uh we have started seeing a rebound here.

We've gone from negative 4 on tesla to about positive 2. So if you bought the dip this morning like i did, you actually should be up on those positions. So, for example, this morning i bought trade desk uh, where, where did i buy it i'll tell you 76 bucks? Okay, so it's up like four bucks or whatever: okay cool, so five percent, so that's cool, uh and uh, and i i bought another stock as well, but uh. This just gives you an example of like hey.

Sometimes, when you get that more peak fear, and then you rotate out of that fear, you could pick up some gains intraday now that could be a trade and you could pick up five percent on a trade. You could huddle this and, if it dips more, you could build out what your proposition position more in it. It all depends on what your longer term thesis is for 2022.. I think really.

The bet that you have to make is when do you think inflation's going to go down? How long are you willing to wait for that inflection point, or will it ever go down? There are a lot of folks right now who believe that paul volcker's got to come back from. You know wherever he is uh and rescue us from essentially hyperinflation uh and so there's there's a lot of fear in the market, and i don't think that fear is going away. I personally really enjoy buying when there's fear in the market and blood on the streets. Uh but i'll tell you it it sucks.

You know it's kind of like, and this is the weird thing about psychology. It's kind of like you know, when you're in a stock we've all felt it you're in a stock and the thing's just going to the moon, and it's like oh, my gosh you're, making so much money and you're not doing anything. It's just going to the moon. It's like well, this investing is easy right.

The same resistance you have to selling at that point is the same excitement you get to sell when the market's down and it's crazy, because oftentimes you make the wrong decision. You sell at the bottom and, and you huddle or buy at the top right, uh and and doing the opposite to that is really really hard. It's extremely hard to make an opposite bet, especially because what happens is you you get this this you get into this head space of, for example, uh, amc, there, uh or or even sunday, let's go to sundown. I like uh, let's go to sunday, okay, so sundial is at 57 cents when the market's zooming and sundial runs up to 3.90 intraday.

There are a lot of folks who are like. Oh my gosh, that's it! This stock is is breaking out. This is the beginning of a of a change for the cannabis industry. It's going to ten dollars and unfortunately, sometimes those emotions blind us from taking a profit uh.

And so then it goes down to 57 cents and then there's this expectation that well i mean. Can it really be worth anything less than 57 cents and the thing that often gets forgotten in markets is the answer is yes, absolutely it could keep going down? Well, i mean in theory to zero uh. It goes bankrupt, but uh it could go down to uh. You know 25 cents or 10 cents or whatever right, that's not to say it will.

But it's always important to remember that. Yeah stocks can do a lot of things. They probably won't go to the extremes uh, but they can, and so that's where it's always useful to be prepared, uh i'll be transparent. I have, i have no puts or shorts on the market right now again we talked about five different hedges in the course member live stream.

So if you're not part of those yet uh check out the course coupon down below. If you are part of those uh check out, the live stream, you'll see the first 15 minutes. We talked about that today, uh, but anyway, i want to be transparent, because sometimes people wonder it's like right now. I have no shorts and no puts i'm always willing to trade, do like the shorter term bets on on shorts, but one of the problem with shorts - and you have to be very careful about this.

The problem with more especially especially puts problem with this is you generally have to be right, pretty quickly, uh and uh, and that's that's worth remembering, because if you're wrong, you could get burned pretty fast. For example, when tesla was down four percent this morning, there are a lot of folks that are like that's it. I am going to short tesla. Well, okay, let's say you uh shorted tesla, with a 90-day put contract and this morning was down 5.

Now it's up. 2, which means the contract gained 70 percent on a 90-day contract. You probably have 3 to 4x the price movement. You probably just lost 30 of your bet in 2 hours like that sucks, so sure you could go with like a longer term put, but those are expensive.

You're paying insane premiums for longer term puts right now you could short, but then you're paying interest. To borrow, you could probably the safest options, and this is comes with a big asterisk, because you could play uh certain inverse strategies which we talked about as well uh in the course member live but uh. Overall, i would just remember that, when, when you're feeling like oh my gosh, this is it it can't get any worse uh it can uh and sometimes when it feels like that's it. I need to get out it's all going to zero.

It usually doesn't uh. It's a really really weird uh thing and and controlling our psyche is is, is so critical and it's tough, especially since here's what commonly happens in this kind of market as well, it's pretty toxic uh, but what very in and it's insane it's so insane. But the comment section on youtube videos - and you can use this okay, just like free suggestion for you, the comment sections on youtube. Videos, in my opinion, is your stock market barometer when things are going to the moon.

Everyone in the comments is like i'm making so much money, i'm going to quit my job. I just 10xed on this small cap. Oh my gosh. I did so well on this or whatever that's everybody in the comments right and then, if you say something bad about the market, like a video, says something bad about the market.

All the comments and responses like it's, mr bud. They just want the market to crash. So they could buy the dip right. The same thing happens in reverse when the market's falling and we really should be shopping for discounts.

The comments are usually saturated with love watching this person lose money, hahaha put speed, printing lol sucks to be in the market. I'm 100 cash lol, buying gold, lmao all right, uh, and - and it's literally like i wonder if you could make an algorithm like a trading algorithm and it just took the psychology of the comments and literally did the opposite of whatever the comments were. That would be, i think, very profitable, no guarantees but think about that. Imagine making an algorithm.

That is the opposite of the sentiment in the youtube comment section honestly, i think that could perform quite well uh somebody with ai experience who wants to make that hit me up that that sounds very interesting. I i like that idea, but anyway, so uh yeah. This gives you a little bit of uh uh, maybe maybe insight into the drama of uh marquette's but uh. You know if you like these sorts of perspectives and you're, not part of the stocks and psychology and money group, yet you really ought to consider it because you get much more value than even just buy, sell alerts, for example, if i'm hedging or whatever my strategies.

It's beyond that, get that all the psychology that goes with it. So, let's see what we got here, uh we got a spy. That's mostly recovered here down about .69. It's worth noting that right now off the peak we're down about 5 off the peak which this is where we previously bottomed, take a look at this okay.

Let's do some quick math together here. So we had a high of about 453. 454 454 was about the high uh in september, and then we had a low of about 426 so uh 454 and we're going to divide that by 426. The new number that's a decline of about 6.1 percent.

Okay, all right so about a 6.1 percent decline from peaked trough. Let's now do that same math over here, let's zoom in over here and let's see what we have more recently here there we go okay, so right now we're sitting at 456.6 divided by about 480. I'm rounding those two pennies okay, 40.. There you go so right now, you're down about 4.875 percent, so maybe another percent and a bit to go for the s p 500, to really match the level of pain that we had in september, which was a quite painful period of time as well.

So uh, that's another thing to consider is that we are kind of getting to where the s p 500 had previously bottomed out. No guarantees markets can continue to be bloody, bloody, bloody, bloody, bloody uh, and so this is why it's important to protect your portfolio. The last thing you want is to buy the dip, you know diamond hand yolo, and then you get liquidated. Okay, that's like that's the biggest l, it's better to take a little l than a big l right, uh again, just just be careful out there.

So uh right, i think we've got probably two more months of of inflation fears ahead of us. Unfortunately, it's kind of crazy. I hear you but uh yeah. So, let's take a look here at some of the things that are actually starting to move to the positive side right now.

First of all, i like d-wack as a little measure of risk, because i think d-wack tends to go euphoric when fear goes away. So dwack does really bad when there's fear and really well when that fear goes away. It's it's like a you know i like to call dwack the canary in the coal mine, so uh look at you should know this, but maybe you don't. If you're a coal miner, i don't know if they still, they probably still don't do this, because it sounds like animal brutality, but not that that doesn't happen.

I mean there's plenty of that in the world, but anyway uh the canary in the coal mine was always like. If the canary dies, then then the carbon monoxide levels in the coal mine are too high and you better gtfo otherwise you're gon na die. So as long as the canary's in there singing you're good, in my opinion, dwack is the canary in the coal mine when dwack is plummeting. That's when you know you're at you're at big fear when dwack starts running like it did right here right around 7 30 to 8.

That's when you know uh that that that fear reversal is coming and uh sure enough. We look at the volatility index. We we started seeing that decline in volatility. When do we see it here? Volatility? Oh my gosh uh.

So this is such a weird bar over here. So volatility peaked right, yeah right towards the end of the seven o'clock hour, the california time right around when dwack started going uh. Let me see here dwack, i don't know if it perfectly aligns. How perfect is it? Ah, it's about a 20 minute lag, although i think there might actually be a 20 minute lag on the vix, so i wouldn't be surprised if those aligned i have to double check because yeah, no, it's actually 10 minute delay on the vix is what weeble gives Us so that's interesting, but i don't know is this giving me the historical? Oh, but it it charts it anyway.

Okay! So it's still 20 20 minutes off on the vixen dui. But the point is they they've in very close succession within 20 minutes, moved in the same direction, and that's why i think dwack is the canary in the coal mine because it actually moved before the vix moved, which is kind of crazy. Let's see if btc moved about when the canary in the coal mine moved so yeah here. This is about when dwack spiked right here, but that could have been a little bit of a signal because had you bought here uh, you would have bought under 41 and you're up a little bit right now.

You know 500 bucks or whatever so big deal so uh. Okay, let's see here, uh oh yeah eduardo - and this is very true. It's it's uh eduardo's making. This point here is like when people start saying like oh, be careful or whatever.

Maybe that's when we're the bottom look, i i think to some degree that might be a um uh. It's either an astute observation or it's a way to provide comfort to yourself. I don't know i don't know. What's going on in your world, but uh yeah.

You know i have noticed, and again it relates to the sentiment in the comments too, when people start talking about selling everything and going into gold. Usually, i feel like that's a sign that we're like starting to hit peak fear, which is kind of crazy uh, but anyway so uh. What's what's going down here? Well, we got uh, we got momentum plays going down, so those are gon na. Be your m wrens uh, your uh, what your your game! Stop these guys! Moving down to the downside here, uh rivie and moving to the downside, that's not a surprise uh! You do still have some pain over it shift technology, also, not a surprise uh.

This is just an example where i'm really glad i sold most of that it was somewhere around six dollars or something i sold it. I thought it was six dollars and 30 cents. I don't know exactly where it was, but i'm glad i didn't ride that down to two dollars and eighty cents or whatever that uh enables me to buy the dip on other things that i think might recover sooner or faster uh, like good old, affirm a firm's Another one that's just gotten whacked. Now it's worth noting that this thing was down like eight percent this morning, which is absolutely crazy.

It fell down to 71 dollars and it's having a nice little rally into the clothes so uh. It shows that uh all pain tends to be temporary, also very well worth remembering. Folks pain is temporary, uh or, i should say, pain is transitory, but i think some people would be upset if i said that anyway, so, okay uh, we are getting a little bit of an upswing. Let's get rk in here.

What do we got here? Yeah, even rk is rallying into the close right now so broader by the dip rally into the close right now does look like the indices are mostly recovering. You've got the dow down about .67 s, p down about 0.46 and nasdaq only down a third folks. If anything, the nasdaq is now outperforming the other indices like holy moly. That's crazy, uh anyway, if you're just now joining.

I just want to mention that uh this morning, in the course member live stream, we talked about five to six different strategies for hedging your portfolio. I think it was a very, very important discussion if you're a course member. I highly encourage you to watch that live stream if you're not a course member, yet remember you join once you get lifetime access. There are people who joined the stocks and psychology money course.

When it was like 100, when it was on pre-sale, because when it was on pre-sale - and there was no content - i'm like yeah, it's super cheap because you're trusting it with no content. It's kind of like the path course there's zero content and it comes out at the end of the month anyway, uh yeah. This the course is ballooned with content. It's really crazy, but uh yeah.

This is really incredible that the nasdaq is recovering like this again, i want to be uh extremely transparent here, since there are some confused comments, uh that that i do see, i do not uh have any form. Well, while i can hedge, i can hedge. Without these i do not have any shorts or any puts right now i am tempted to have some but uh uh and i might buy some, but the time to buy shorts or puts is not when the market's at bottom folks that's backwards. Uh, you remember.

If the trick is buy low, sell high, then the the truth is the opposite. If you're shorting the market right, you want to buy high, sell low. That's the point if you're shorting uh well, i if you're buying puts because shorting is, is already the inverse. Anyway.

You know what i mean: uh, okay, so very interesting transition here, though, to see the nasdaq now outperforming all of the other indices. Uh jamie dimon sees best economic growth in decades with more than four rate hikes this year. I wonder if that's actually pushing the markets. A little bit uh enthusiasm over market performance, it's quite interesting, uh uh! We do see a retracement here in the ten year.

That's probably helping uh tech stocks rotate to the downside, rotate back to the upside a little bit. We can't we got rejected really off that 180 level, which is a big deal, because next stop is really deemed to be 2o uh for the 10 year and we're probably going to go to 200 uh at some point, but uh keep in mind. We could also invert the yield curve and risk recession. I think the odds of a recession are very low.

I'm gon na go on record now. You know clip me save this. I don't care write a little note on your phone kevin made a bet on this day at this time in this live stream, and he was wrong. That's fine! I would rather make a bet, uh and and see how it plays out than not.

You know think about it. This way like if you're at the casino. Do you want to be the dude playing the game or you want to be the dude watching. I don't know about you.

Everybody's personality is different. I want to be the one playing okay, so uh with that said, i have no idea what i was going to say. I literally have not. Can somebody in the comments remind me what i was going to say? I have absolutely zero idea where i was going with this something like raids bond deals, oh the risk of recession.

Oh, i was going to make a bet on the risk of recession. Right, i think the uh risk of recession - uh - is probably uh under 15 and i think the risk of a 20 like an additional 10 market correction in the s p 500 is probably more like 30 and another 5 is probably like 50. So here let me let me write those down, so i could be held appropriately accountable. Okay, so so my take okay.

This is just my take risk of r in 22 5 did i say that, or did i say, 15 crap. I can't remember what i said see. This is why i got to write it down. What did i say the first time i say a risk of recession with five percent of 50 uh and then uh the risk of more than a 10 correction minus on spy uh.

We said that was uh that was somewhere around thirty percent and then a. Let me see what the comments are. What did i say? That's it. I said fifteen okay, thank you.

Thank you. There 15. That makes sense risk of recession, 15 risk of 10 additional decline, because that would bring us to a total of 15 percent. I think somewhere on 30 percent and then uh we said 50 chance, for let's say i wish i could rewind my brain because it's just not processing very well.

Today i have to do a little sleep uh. What else do we say risk of uh? Oh another? Five percent yeah uh risk of five percent minus spy, i'm putting that about 50, so uh yeah anyway. This is this is just my thought here now, what's really cool about this, and - and i always i always want to be honest with everyone - what's really cool about. This is, quite frankly, like oh wow, a 10 decline in the spy like if you're invested, primarily in the spy, who gives a crap right like nobody cares like big deal.

10 come on man, don't even wake me up for 10, i'm gon na go nap. Alternatively, if the spy goes down 10 you're, probably going to see stocks like robin hood, go to like eight uh, even though we don't believe that fundamentally, it should be worth that you're probably going to see that, because it's just it's just an easy. It's an easy! Hedge, so uh, okay, oh my gosh, the nasdaq might literally folks go positive here. This is insane.

The nasdaq is now down only point: eight percent. It's erased of uh. Basically a two point: oh my god. What the hg double hockey sticks are happening real money.

Oh, my god wow dang uh. This is insane and that's. The other thing is the insanity of the markets, but anyway, uh well, look at this folks. We got three minutes to the close.

We got a rally happening here. We got tesla up three percent uh. Well, it makes me happy about the dip this morning and and all the other times i've been buying the dip uh trade desks now up about three percent as well bought the dip on this. It's amazing, oh my gosh matt holy crap, okay, matterport and end phase.

Both positive now, oh my gosh look at n face here. That's what i'm talking about? Okay, okay, but look at this folks. That report you got ta see this. You got ta see this okay.

This morning, mad report was at 14.55. Okay divide current number: 1590 by 14. 55.. That's a 9.2 percent swing holy.

Is this? The bottom we've been waiting for um? Who knows we're expecting a pretty bad cpi report. I would not be shocked if there was a lot of hedging today for cpi the uh. The financial times they uh they put out a piece about how we're probably going to see the worst inflation that we've seen in 42 years or whatever uh this morning as well, and i i think it's it's mainstream media that really drives a lot of folks to To hedging um, not saying that hedging is not a good idea, in fact that again, the time to hedge is when markets are moving green right, like if you're gon na buy puts on tesla the time to do it is here not here, except people want to Buy puts here, and they don't want to buy, puts here, they're like well done running the market moves fast, insanely fast and that's something to keep an eye on is just how quickly uh the markets move so uh, okay. What else do we have here? Let's see cloudflare now up 3.5, it's incredible! We still do the downside have some momentum, movers, like emren uh naked highly on down eight percent uh sitting at five point three to the downside, uh xping motors five and a quarter to the downside, tattooed chef, four percent to the downside.

Uh shift down three 3.62 microvision down three percent yikes uh. Definitely some levels of pain over here, uh so far, two percent, but again a recovery on a lot of these. Let's look at. We got 25 seconds left in the close here.

Let's look at sophie. So far rallying into the clothes right now you've got arc uh rallying into the clothes you've got a hood hood's rallying into the clothes as well. Let's look at the spy as we get to the bell here: uh spy, pushing pushing pushing right into that close there. You cannot and didn't as that go green.

It did. The nasdaq went. Green basically did a round trip on the s p, 500 and the uh nasdaq for the day s p down almost five percent from its high at the lows of the morning. But now you see uh just down about four points of dow down less than 150.

At the moment there holy moly what a freaking day folks, the dow down 0.45, the nasdaq up 0.05 from a negative 2.5 2.7 on the nasdaq. That's almost a three percent swing on the day holy holy moley uh s, p, 500 down point one: four percent: nasdaq outperforming the spy dow jones uh down point four five and russell down point: four: absolutely incredible! Absolutely incredible: wow wow! This is insane uh. I mean look at the price action that we had today. Folks, we ended the day with uh hold on.

What's the breaking news, his position a little bit early, he announced that his resignation will take effect january 14th. His term as governor was set to expire at the end of this month. This is because of the trading nonsense, uh, where they were making trades before uh fed news dropping like flies now all right anyway. Yes, yes, this is true.

Uh things are still freaking low. Like the price for the programs on building your wealth link down below, so you want to be diamond handing in markets where you can make money and you want to be taking profits. The markets are safe, take profits, that's what we do uh so anyway, and that's not to say that you, you can't learn about hedging uh strategies, i'm not uh hedging, but um anyway. So take a look at this uh three percent on tesla, mind blowing uh, absolutely crazy to see a seven percent rotation on on tesla today, absolutely wild.

Let's go take a brief! Look at bloom! Remember folks! This week we do get uh. We do get earnings again. So we're going to get uh bank earnings rolling in friday and monday uh friday morning, because they usually don't do afternoon. We get uh airlines starting to to report earnings and uh yeah.

Ultimately, you've got it's not really a lot of news here i mean i'm just looking at the top of blooms here, um i'll go into the back side, but uh yeah hold on a second okay. Here we go. Let's see what let's see what the suits are saying in the background, because that was that was a pretty crazy u-turn there, all right, so nasdaq, erases losses as dip buyers, resurface stocks rebounded as buyers emerged to blunt a five-day sell-off the longest losing streak since september. After sinking two percent, the s p 500, almost wiped out its losses, buoyed by signs that the omicron coronavirus variant may be peaking in new york.

The nasdaq 100 turned green after the gauge of gains like apple and microsoft, dropped as much as 8.5. From its november record, investors have been on edge as the fed prepares to raise rates and the resurgent virus threatens to constrain growth, blah blah blah anyway. Obviously, the big drama of this week is going to be the cpi news. Cpi news is going to be everything uh and uh.

It's it's going to be crazy. I i let's look at the current estimate. I wonder if it got revised up today on all this bad drama that we've had. Sometimes you actually get revisions to the upside.

It's kind of funny uh to see them revise this crap nope, it's still sitting at 7.1 percent. They revised jobs like three times in in the two days before so i keep checking but anyway, uh last month inflation was 6.8 percent. We are expecting a year over year of 7.1 percent folks. This is this.

Is gon na sound, crazy, okay, it's gon na sound crazy, because that's what you know me for crazy! That's okay, call me, call me cc crazy clown. I don't care, you didn't! Have red hair i had red hair so anyway, imagine what will happen if we see inflation come in lower than expected, we're expecting 7.1, it comes in at even 6.9 or or or even lower would be shocking. Again, though, according to the beginning of this video, i do not believe we're going to see that kind of rotation, probably until april march or april, but i will say i would be very, very very happy if we saw that rotation a little earlier, because i did My dip buying and now i'm ready, i'm ready for the rocket to take off. Okay, all right uh, assuming i have hair, oh geez kevin is cc wow, look at all the component space in my tesla.

You could fit a few handguns in here nope, no idea where that's from so wow wow. Okay, let me see, if there's anything else in the back here, the drama, jp, morgan, adjusting its vaccine policies, four fed rate hikes might just be the beginning. Clarita to leave two weeks. Early, jamie diamond sees soft landing from inflation.

If we're lucky, it's gon na be like threading, a needle yeah. That's that's just what i want to picture is jerome powell trying to thread the needle. That's not going to go well, not his job, as he says, huh. Okay.

What else cpi is 5 30 a.m? Wednesday, uh and uh we're about we're two weeks away from my birthday. Well, two weeks and four days away from my birthday uh, there is a birthday coupon code on the programs, i'm building a wealth link down below okay, new york city signs of omicron peak, while icu's remain pressured. Unfortunately, most of the hospitalizations still in unvaxed - and you know me - i'm a big fan of choice - uh choice in fact that that's what i'm a big fan of - and that's i don't know - sometimes a tough position in this world to take it's kind, because it's kind Of in the middle, you know the middle sucks man you either want to be hard left or hard right, and then you got lots of friends, no shortage of friends you're in the middle of all gasoline tax, uh. Okay, that's nonsense! Let's see here jp morgan, oh yeah, we read that this morning, jp morgan says it's time to buy the dip in in stocks kathy woods, arksy's near record, shorts bet in tech wreck.

Ah folks, this is what we need to do. We need to see if there's an inflection point in shorts, because that, in my opinion, will be the one of the catalysts that we see for uh for a squeeze for shorts to plummet for a market rally, everybody starts dumping, their hedges right, uh, okay, here we Go all right, my friends, all right arc arc arc arc is at point eight: three percent short el sid. These are expensive, puts by the way. Oh yeah fifteen point: six: seven percent rising rivian six point: four percent rising uh robin hood's 7.8 percent, also slightly rising corsair 30.56, actually going down a little bit lemonade 37.15, also starting to rotate down a little bit very high short thumb shift technology stable at 29.

Tattooed chef at 33.67 amc at 18.65 gme at 14.3 percent with the gme short actually increasing, wow wow. Oh that's an interesting one. Blau says kevin's birthday gift last year was robin hood disabling the gamestop buy button. Oh that's dirty! That's dirty! I i covered that.

My entire birthday long, that was a weird birthday, palantir, eight seven percent to the upside. So fine, let's try only ten point. Five percent on sofi yeah, i bet you like rocket - is pretty high. No, i was wrong 9.64 and actually rotating down ooh crispr therapeutics yeah, gl, 11.67 percent uh a firm.

I really think the stock's going to do great in 2022.. So far it sucked six actually shorts have been jumping up here, a little jump. There i mean we went yeah, we're up about a percent, uh 6.45 desktop material or sorry, it's desktop metal. I don't, i always say material 10.8 percent actually kind of rotating down a little bit highly on 18.6 kind of stable over here kind of stable uh corsair.

We already did ddd what the heck is. Ddd i mean, i know double d triple d i mean i i don't i mean. Maybe that exists uh nvidia, i don't think nvidia nvidia is that short envis 19, but it could be no yeah. One percent okay yeah riot: oh my gosh, all right! We're gon na take a break now: 18.31: okay, okay, okay, no more all right, wow! Okay, how are things moving in the after hours? Now after hours, you had to take with a grain of salt here uh? Oh, my gosh, i'm not in it but wayfair down.

One point: uh down four point: two: three percent at 169. uh shift technologies down in the after hours uh another two thirds of a percent uh. Well glad, i'm not in it. Tattoo chef back over 14 looks like some of that.

Worst is really behind us. Matterport rotating up, lucid rotating up to 42. wow uh charge point half percent; okay, okay, all right all right! Well, we'll see how this goes. Yes shift is very highly shorted.

Absolutely uh! You know it was like 29 or something like that anyway: crazy, crazy, crazy times, folks so uh. Let's do a quick look at crypto and see how the crypto world is doing. Let's go to btc usd a little bit of a recovery here: recovery here on btc trying to get back to 32 or 42k 32. Oh gosh is that foreshadowing, maybe death cross uh, oh scary, um ethereum trying to get back to 31.

yikes some low levels. Here. Let's go to wall street all right wall street journal workers, sick with omicron, add to manufacturing woes. The hope was that 2022 would get better, not worse, yeah.

Well, that's the way it works. Flight cancellations start to slow as airlines reset. That's good scc pushes for more transparency from big private private companies. You know i will say this is probably one of the scariest things is investing in uh private equity and having absolutely no clue what the financials are like.

People are yoloing into spacex, for example. Right now - and it's insane like why, why would you yolo into spacex uh, i mean maybe like don't get me wrong. I want to be in spacex too, but at these valuations they're just insane right now and there are no financials uh, no expected profitability for a very long time. I mean it's just it's scary right now, uh the private equity market, like you, think stacks, are bad.

The only difference with private equity is you don't see that evaluation? Oh, i just personally recommend being careful like, for example, look at what happened with robin hood right. That thing was selling for a lot in uh, private anyway uh and then there were, of course, different phases. You could have bought earlier and been good, but anyway uh. Let's see here good all right folks.

Well, i think that about that, that's a good. It's a good video for today check out the program's link down below. As usual. I appreciate y'all and uh folks, we'll see you next one thanks again bye.