Welcome back to another market, open live stream boy! Oh boy, do i feel like i have watched this movie before we get lots of red lots of pain, followed by a wee little bit of green and then all of a sudden, it's oh, my gosh. The reversal is in everybody boy, please uh. Now, when i say i've seen this movie before every single time. This has happened before over the last.

Like two months: uh we've we've just hit new lows. So it's exciting to see a little bit of green but uh. I ain't holding my breath now: that's not to say that uh, these are not opportunities to pick up a little bit of the dip uh. So uh, you know if you didn't do a little bit of dip buying yesterday, it's not to say the prices that we have today on a lot of different stocks aren't bad, i mean so far might be up like 15, but let's not be kidding ourselves.

There are things that, like 14, those are like 13 and 90 cents. It is well below the previous semblances of support. The previous arbitrary lines of of any resemblance of comfort have already been destroyed, uh well well below that uh. So so it's like it almost feels.

Like um uh, like uh, like it's halloween and uh and and mom and dad, are like hey, hey little kevin, let's see your your bag of candy and then they take my candy. They take ninety percent of my candy. They give me my candy back and like what the heck i'm only left with ten percent of my candy and they're like oh here's, here's another five percent back and i'm like huh huh, that's a little more back, but i'm still i'm still net way down. Here.

That's that's sofi, today, okay uh. Obviously, if you haven't heard the news, the office of comptroller of the currency granted sofia's banking charter. Finally, it is extremely difficult to get banking charges in america by the way uh it takes somewhere around two years or so uh. It's it's honestly insane uh.

How in two years is honestly if you're lucky it is so difficult to get banking charters. Most newer, fintechs just try to either partner with banks. Well, that's pretty much what they all do, or they end up acquiring a bank uh rather than trying to get their own kind of charter, but uh yeah, so fight good job, so congrats to sofi uh you've got uh uh uh new york state manufacturing. That came in or initial data for january, the first two weeks, starting to show a little bit of a slump uh in new york and the reason new york is so interesting is because that's where omicron has kind of been wreaking havoc, uh s, p and futures.

Let's take a quick peek at futures and see how we're doing here uh a little bit of good news on earnings over at bank of america and morgan stanley, morgan stanley, uh their trading revenues were not as bad as expected. I actually just had those up. Let's see those really quickly uh, so morgan stanley surprised analysts by squeezing out an equities trading revenue by squeezing out an increase in equities trading revenue, fixed income decline, investment, banking, missed estimates, but that that boost in trading revenue actually uh helped. Morgan stanley move up about two percent in a bit uh.

Let's see here: okay indices, yes, yes, bank of america also had similarly not horrible earnings. The things up like four percent in the pre-market, so morgan, stanley and bank of america didn't do too bad uh. You know led by uh chase, jp morgan chase wells, fargo and city uh. Everybody was expecting these earnings to just be bad this morning for banks, uh and there's a lot of hope, uh, and this is potentially dangerous too.

There's a lot of hope that uh, the the earning season will ultimately bail out uh the uh, the stock market, whether that's small caps, mid caps or large caps. Anything that's sold off and uh. I think it's important to take out the stock doc prescription pad here and and just make sure to write you a prescription here of one dose of patients and uh two uh x daily shares of tesla. Okay, you can't okay.

Well can't say you can't go wrong because you could always go wrong medicine. You got to be careful with it, but uh anyway, uh, okay, so uh. Let's see here, hmm, oh um, right so uh, dow futures up about a third s, p uh, just a little over a third nasdaq up a little over half a percent uh oil. Big fears that we were going to push for 90 on uh wti brent's a lot closer at 88 and bonds, actually a tiny little bit of a pause in in the insane rally here still tenure at 1.866.

It's up there a lot of folks thinking we're going pretty much straight to uh, uh, good old uh, two percent uh, potentially even a little bit more than two percent getting priced in so uh that'll, be something to keep an eye on as well. What is this here? The disparity in valuations between private and public markets for innovative companies is creating an enormous arbitrage opportunity according to kathy wood uh. Okay is: is this kathy looking for for another another, like is this part of her soul-searching, i'm trying to understand which one she thinks is more overvalued uh, i i mean well we're about to find out one sec. Oh, let's see, let's go get that link here.

There we go hedge with kevin's course to see. I i like that one. Let me log into this darn bloomberg thing here: uh, all right, yeah! We do have i've, i'm 29 for another nine days. So if you have not yet checked out the programs of building your wealth check those out down below okay, let's see what's going on with this kathy thing here.

This is very interesting. Let's get logged in come on man there we go all right and the path course to building your wealth by the way. Remember that one being on pre-sale doubles uh once it actually releases. That's because the people who are buying it now are getting a fat fat discount, that's half, plus the coupon off uh, which is almost another half off, plus your tax deduction.

Uh talk to your cpa, which is probably another half off it's like you're, getting three times. Half off, which makes it a bargain, but anyway uh that'll be going up substantially once the content actually comes out and the course is released, but anyway, disparity evaluations between private and public markets for innovative companies is creating an enormous arbitrage opportunity. Okay, so uh comets come after spare change, investing and checking account acorns and pioneer merger group announced that they would cancel their 2.2 billion dollar. Blank check deal to go public setting market conditions, wow acorns 2.2 billion come on man.

That's a freaking ripoff of an app! Oh, my gosh, please 2.2 billion dollars. Oh what a rip-off sorry, that's! That's that probably sounds actually low to kathy wood, but but then again for acorns get out of freaking town. Oh my gosh! All right! I already talked about so far. You got to watch from the beginning of the video uh all right.

Let's see here, uh, okay, the disconnect between valuations for innovative companies in the public versus private market is as wide as i've ever seen. Arbitrage opportunity is huge, pretty remarkable transparency from acorns given market conditions. We will pivoting to private capital, raise at a higher pre-money valuation, as we continue on our path to 10 million paid subscribers at a higher valuation. Okay, i'm still honestly relatively confused as to which direction they're talking about this, which, which are they calling more overvalued? I i my gut reaction is the private market is ridiculously more overvalued uh, given the amount of pain in the fintech space right now.

That would reiterate my belief, so they were going to spack. Okay still, don't have my answer come on man. How come how come that? The news article in bloomberg, wealth didn't even tell me which one they mean so so are so wait a minute wait a minute. So kathy wood tweets along with this maximilian dude over here and neither of them are actually clear about which they're calling a better deal and neither is bloomberg, maybe bloomberg's, like yeah.

We don't actually really know which one she means is a better deal either. We're just saying we're just reiterating that the disconnect between valuations in public and private markets is as wide as i've ever seen. Okay, look my my distillation of this because it's so unfreaking, clear uh is that uh, the the public market uh is is uh in shambles. For smaller companies and uh, and that the uh, a private market uh actually has the capacity to uh to provide higher valuations which which they do say here, we will be pivoting to a private capital raise at a higher pre-money valuation, but it's not very clear uh.

Let's see uh, okay, well, i'm tempted to reply and and just uh hey kathy. Would you mind verifying? I doubt you will you're right, you know screw it shake it. Reply anyway. Forget it i'm not going to waste my breath uh, although bill ackman replied to me yesterday, but then again he's not very happy with me, but tonight he shouldn't be he's gon na get another video uh, okay, so whatever this stock market's ridiculous, okay, so uh.

Let me see what other news we had here. All right: goldman sachs, uh, soaring compensation. Morgan stanley saw that as well. Uh xi jinping is uh.

Oh my gosh! Listen to this! This was crazy. Okay, so in in china, apparently the whole covet situation is so f and ridiculous that uh somebody was a 60 year old man. Okay, listen to this this! This is just nuts a 60 year old man had a heart attack and could not get admitted to the hospital until he had a negative covet test, but by the time he got his negative covet test. He died of his heart attack.

This follows two women who died of a miscarriage because they were not allowed into the hospital until they had the negative cover test. You have got to be kidding me like come on man. Oh my gosh, oh yeah, yeah, all right what else uh? Oh uh, yeah! There was a note that speculation is growing, that the federal reserve may deliver more than a 1.4 uh or sorry one-fourth rate, uh percent rate hike yeah, and i think that that really is mostly just paying homage to uh bill ackman. Who is encouraging the fed to go for a half percent rate hike? That's ridiculous! No, i don't invest in bill ackman's back all right.

I got some toppo chica by the way cheers. Hmm all right. So let's go look at some individual stocks here okey-dokey here. Let's start with some green, it's been, it's been red for too long.

So so far, oh my gosh it's at 14.25. How can we cheer this? I mean it's just like i said it's like it's like coming back from uh, getting robbed of our candy yeah and then getting a little bit of a dividend back, but anyway, it's not a bad day. It's not a good thing. It's not! It's not not a terrible thing: uh dwack up another 6.3 percent wow, just uh the momentum is strong, it is what's really incredible.

Is we haven't seen a lot of uh of momentum plays lately, with the exception of honestly dwack uh momentum has been very far and few between maybe b big uh, but otherwise momentum has just not been the story of the day since it's really the summer days. Uh summer days were much much uh wilder so uh, okay! Well, that's good! Okay! So what else here toast three percent monday.com 2.6. So a little bit of a little bit! Let's take a look at these for a moment here, uh, so we've got. Oh, my gosh.

Look at monday.com for a moment here, so monday.com closed on ipo day at 172 dollars right now, it's sitting at 200 and 207 so and look at this and ran all the way up to 450. It's it's halved, it's half of its peak, that's insane! Uh! For for monday.com and that's up 2.6 right now, smile direct up or up two percent two and a half percent, but also sitting at two dollars and seven cents. Uh sun run here two dollars and ten cents or sorry two dollars uh two point: one percent nano dimension shift technologies, two percent - these are pretty boring gains here i mean pretty nominal small small small way, smaller than expected a firm one point: six percent and phase One five tesla one five uh lemonades, also over here at the one five i mean this is the same story after a sell-off day, a little bit of green and then and then all the euphoria and excitement comes back, maybe or not, uh who knows, but anyway, Cardano down another about three percent today: uh along with solana, down to 137 and where so where's bitcoin uh yeah. Let your grandparents know to go gate.

Your get your kova test the day before you have a heart attack, so you don't have to wait for your results to come back in china. Yeah no freaking kidding right. That's what that that was ridiculous, ugh all right. What do we got here? Btc, just just can't can't get it up, uh, really in this bizarro channel here between a 37 uh five and uh 457.

I don't have support lines here this. This is uh. This is an unknown territory. For me, oh, let's look at the spf uh s! P! 500, let's see s p 500.

I guess we could just we could try just the spy okay. The phone version gives you the spx, oh well. I wanted to look at the 100 day moving average. So let me get uh 100 in here and how about we go yeah red redline works.

Okay, yeah there we go that is yesterday. I was hoping for a little bit more of a dip here, because when we get the s p 500 breaking under the 100 day, it tends to be a pretty juicy time to buy because it rarely happens. Uh i mean we rarely break the the 100. uh.

You can take a look at that over here as well. Uh barely barely break the 100, so uh we touched it yesterday, intraday. I was really hoping for a little bit more just a little bit more uh of a drop there, just just to buy it under 100, but we're pretty darn close, hmm. Ah, no steve.

I haven't seen that study. I'd like to see it, though i like peer-reviewed studies, russia is moving in on ukraine, should warn your users. This might affect their stock purchases. Oh russia! Oh, why why you got ta, be so mean boudin uh.

I have no idea who uh what what md studios is: uh andrew all right. Let's go look at the wall street journal here and see if they're saying anything about mr putin, all right: morgan, stanley, wow, really free n95 masks to be made available at pharmacies, because the price of these by the way has skyrocketed, uh, oh and uh, and they Do have the how to order cova test thing up now, uh. I was right. It was four tests per family uh.

Now in fairness, i didn't feel like that, like in like that, was that incredibly difficult to figure out. All i did was take the 500 million tests. They were going to order and divide it. By about.

I think it was. We got about 150 130 million households, something like that. I think it might be as low it might be about 130 and it works out to roughly four per per household uh, but anyway, apparently in case you want to order them by the way uh. The the site opens up mid-morning today and it's covidtest.gov actually doesn't look like that horrible of a website like usually when the government puts crap together, it's terrible but uh yeah.

So you can order these these free at home tests and uh. Actually, here i'll i'll try to do it right now. Really, quick i'll! Tell you if it's up uh, although you know what do we really need a coveter, you should probably have um uh better to have and not need than to need and not have right, uh. Let's see here same as above, i hope i don't dox myself, oh whatever here we go, let's see if it works.

Check out now place my order. Oh, you can't even change your quantity. Oh yeah, it works. It works covet test will start shipping in late january.

Usps will only send one set of free covered tests to a valid pro residential valid address. So what it's gon na come in late january, i mean okay, all right. It's not that bad, actually uh late january! Okay! All right! That's that's! That's acceptable! So anyway, if you haven't done it yet that's a covid test, dot, gov, okay and uh. Let's go back over here.

I just did mine and now, let's see here where's this this n95 thing here, because that's interesting. But but when is the key, you know what just absolutely rubs me. The wrong way is the fact that i've been saying since the beginning of this pandemic. That n95s are so important, n95 mass that we should have n95s, rather than like the stupid cloth masks and literally what, like, two days ago, a cdc finally acknowledged that n95 masks are good and that cloth masks are bad.

Like here. Look i tweeted this because i i put up a little snippet look at this last week. Oh, it was last week last week the cdc finally acknowledged that cloth masks do not offer as much protection as surgical mass or a respirator, in other words an n95. I'm like my goodness.

How does our government suck that bad, that it takes them two years in a pandemic, to realize that it's just freaking morons, just like i don't care if you're a democrat or republican, the government just sucked with this pandemic? Oh my gosh, all right! When are they actually going to have these available? Three masks will be available per person. It's actually not bad uh. Is you probably use one of the end, depending on how long you use it? You can probably use one of the n95s for for a few days to a week again, depending on how often you use it. You know you go, go on a run with it, which not that i would want to go on.

I mean i'm not going to go on a run with a mask, i'm just i guess. If you like, went to the gym and you went on a run inside of a gym - that's like impossible, though oh i tried that once i'm like yeah, no way i will run outside anyway. When are they going to come out? I mean that's, that's cool! Finally, like they should have done this at the beginning of the pandemic, uh - hmm yeah! I have no idea when this coming up three mess will be available per person yeah whatever it's not bad. Oh oh here here, fully up and running by early february, all right! Well, hopefully, honestly, we've peaked by then, and we don't really need them all right.

So, let's see here what else? Oh, let's take a look at this pg e report. Here you know, people wear the n95s like all day long in construction, like you can breathe with a respirator. The problem is it's: it's um and it's just legit like the vast majority of the problem with the n95s. Is they they make? You initially feel like you can't breathe uh, even like the p100 respirators.

A lot of it is anxiety induced and that's that's not to minimize the problem. It is correct, but uh uh, you know i i know. If i'm anxious i put a p 100 on. I feel claustrophobic and it's just like you're getting choked out uh and uh, because i've had that before, because i've been under houses and in addicts wearing the p100s and uh.

If you start getting a little panicky and shortness of breath wearing uh wearing a mask it is, it is near impossible, uh to to feel comfortable wearing them. Uh, it's uh. It's really bad! It's a real problem, that's a real problem, but uh. No, i mean unless you're going for a run, you should be able to breathe without a problem on n95, but then again you know how everybody's doing it'll be different.

All right, pete, let's talk about inflation, uh! Well, let's see here. Pg e reported another strong quarter of sales growth as consumers, undeterred by higher prices, loaded up on household staples from gillette raises and tied detergent. The cincinnati-based consumer products company reported revenues of 21 billion dollars for the quarter ending december 31st, 6 increase from a year earlier. Fueled in part by the company's highest average price increase since the spring of 2019.

U.S inflation hit its fastest pace in nearly three four decades. Pricing on average rose, three percent last quarter, pg e said and the price increases accounted for half of the company's revenue growth in the period higher volumes accounted for the other half wow, so people are buying more at higher prices. Wow uh, let's see here, the added revenue helped offset soaring prices for raw materials and labor transportation of goods and supply chain woes continued to weigh in almost every industry. Yep consumer is very resilient and very focused on these categories of clean health and clean home health and hygiene very interesting yeah.

Well, that's crazy. Half of their revenue increase was because they were raising prices. I'm gon na write that one down p g and e, no, not pg e p and p - did i say: pg e. It's proctor gamble write that down properly uh.

I keep thinking about the fires in california uh, not not that we necessarily have fires right now. Just in general, procter and gamble, half of their revenue increase came from raising prices and the consumers still oh yeah. So let's see then see how the stocks actually performing s p, still up about a third of a percent. Procter gamble: where are you? Where are you? Come on weeble, oh, it's kind of flat, pre-market, okay! So not not much of a movement a little bit of a rotation down here, uh all right! So two minutes to the opening bell.

Yeah, i saw uh p uh be be big. It has done very well as one of our momentum, movers uh, it's been so rare since we've had momentum, movers, i'm not saying so far running here. Finally, there we go 20. Oh that's a little better good.

I was gon na say. The 15 was kind of a joke. Uh, let's see here mass proved by studies to be completely ineffective for children uh. Well, i agree with that.

I mean children, the mass children wear. You should see this. Oh my gosh. This is this is insane okay.

There are these masks that you can get for. Kids they're, like fishnet, mask kids they're, like the stupidest thing, i've ever seen in my life. Look at this look at this look at this. They call it it's on etsy.

They call it a breathable face, mask look at this crap. What is this like? What kind of freaking mask is this? It's like you may as well, not even be wearing a mask, but this is what people are sending their kids to school. So you're telling me we needed a study to reveal that masto work for children get out of freaking town man when they're wearing this kind of garbage. You got to be kidding me come on man.

This is this is when, when people just want to check the box off yup kid's wearing a mask, breathable face mask get out of freaking town, it's lingerie mesh. There you go. It is so ridiculous, so ridiculous, best seller. Oh my gosh, all right! Let's get the bell ugh gross all right, here's our bell as much as i like blade, i mean they're making it so we got to go to like sag harbor, maybe, like you know, uh montauk.

Now what i'm saying is a lot of the facts. Have no research coverage, we don't know how they're doing and then we have this kathy. Woodstock and accounting woodstock tends to have a um, no they're kind of a little revenue or like when she started. That's like an 85 uh green right there uh so far, hitting a little bit of a red candle.

Stick on the open there. Uh, let's see here, ha ha all right. So let's do a quick check here: spy up, okay s, p, 500.45! Right now, uh end phase uh roku down google flatish etsy down tesla, uncertain, affirm, also kind of uncertain. This is a the market does not know what to do right now.

The market is very confused, but i'm seeing red candlesticks red bagger red bag. Hey look rocket mortgage. What are you doing? Where do you think you're going? Okay, uh, t-doc and rocket mortgage? Are the ones moving right now to the upside wow? Why is open door down this much? What is happening at open door? Open door just just dropped about? Seven percent right here that that's unexpected, not that i'm in it but still want to know, what's going on with the open door, uh open door a little over six percent right now, matterport a little red as well. Oh there we go now.

It's turning green uh, etsy just turned red visas red what uh interesting start to the day. Here. I wonder if this is just like leftover selling pressure but uh, i don't know open door, doesn't report anytime soon, hmm rocket mortgage up lucid! Oh there's lucid, look at that 3.94 on lucid all of a sudden, wow uh. Let me see, what's going on over at open door, stand by.

Please stand clear of the closing doors, open door, open door that makes me want to go to disney world all right. Well, let's see here: okay, open door, there's price target announced by bank of america underperform eight dollars; oh that's a burn for them. Hey. I will say, though, lucid running right now and so far is rotating again pushing back up a little bit very interesting, or, should i say grave: okay, we may have watched austin powers - i don't know about you, but that walter ppk looks absolutely amazing.

With the pearl grip, just saying: okay, all right uh, let's see here so okay loosen uh dancing at three percent here so far. There's a lot of uncertainty here in the market. Can i show it? I probably can walter walter with the h walter ppk austin powers stainless. It was like this that was his uh uh it just it looks all silver in the movie when you watch it.

I can't see oh in this sound he's actually holding it with the black handle uh, so they must have a couple versions, but one of the versions he has is this, which is kind of cool uh. But anyway we got ta, get back to stocks. Okay, so weird weird, that sofi is, is red red candle sticking here rocket, can't figure it out t-doc's moving up lucid's moving up docusign is, is rotating up nicely here: hmm open door falling on that eight dollar price target still got some pain, though pain's, definitely not Over etsy uh a little bit of red here talent here, my pound here is mostly flat: where's tesla today, tesla's sitting at 1.4 and the spy spy doesn't know what it's doing either: hmm all right: okay, so uh! Let's go do some some other hunting here. Let's get away from these children's fishnets that just sounds wrong: yeah, let's try, i don't know bloomberg or something all right highs and lows of the biden presidency, and i don't want to read that stocks reverse declines with focus on earnings.

So i don't know about that. They're kind of all over the place this morning, kathy wood's famous out performance versus the s p 500 is fading. I mean it's is this, like the department of redundancy department today come on bloomberg, let's get with the program here these headlines so far suck. This is boring, boring, uh, us housing starts rise unexpectedly on multi-family building ooh, not in california uh.

Oh, this was the article here with the uh the person, the the person who died of a heart attack in china because he needed a negative kova test before they'd admit him to the hospital like that is so disgusting, uh, uh, uh, uh, mrna boosters, don't block Omicron in south african studies - ah what is going on god? Ah i'm getting ad bombed here. Oh my gosh, that was disgusting, ugh, look at what like one percent of my screen is available. There we go all right here. We go mrna vaccines such as those made by pfizer and bioentech have failed to block infection with omicron uh in the first study of its kind of i mean, isn't this like at this point kind of like a seven german visitors to cape town, experienced so-called breakthrough? Coveted infections, between late november and early december, despite being boosted, the researchers whose investigation was authorized by the university of cape town said in findings.

The findings add to evidence of the availability or the ability of omicron to evade antibodies generated by copper19 vaccines. Still other protections, such as t cells appear to combat the strain, and so far hospital and mortality data has been less severe than what the delta variant. Yes, yes, it's true. The vaccines uh do induce some form of t cell response, which is good but uh still gon na catch.

It all right. Let's see here what else is going on? Oh whoa, oh the spy just doubled holy moly uh. It i mean when i say doubled. It went from a third to like two thirds uh.

What really just just in that, like brief little second there i was gone. Okay, all right! Okay, i don't know - i mean uh i'll. Take it don't get me wrong like jeez. Well, oh my gosh, a firm four percent.

That's hit time to buy the dip the bottom's in not necessarily not necessarily at all. Now don't get me wrong. I i do think that there is still an opportunity to buy, but uh by no means is the bottom. In uh, by no means is, are we at the bottom uh, okay, okay, uh, two percent on end phase uh we got trade desk, moving a little bit tesla about 1.2.

What's what's moving down uh nice, nice confirmations here i mean we're talking about the minute candlesticks! You know nine minutes after the open here, so i don't know how much we could really talk about confirmations but to the extent that we can uh shift technology still going down volatility's down disney sitting at that 151 level. Disney's been stuck there for a while. Can somebody go unstuck disney? It's stuck yeah, okay, okay, okay, we are having uh higher lows, though, so that is good and so far really just getting kind of uh. It's almost like people are taking their attendees and and they're running or what's left did kevin's common cold video get removed? No, no, it should still be there uh.

Let me see here see if you can search for it. I don't know: uh meet kevin common cold. Let me see if it comes up. Oh it's still.

There yeah uh, i mean unless they shadow bandit like if you can't search for this, if it doesn't show up for you, then maybe they they banned it. But otherwise, if you just type in covet prevented by common cold better than vax, it's still there - and this is on a unlocked in browser. So anyway, oops uh anyway. Lucid, look at lucid, kick butt here, five percent uh! I have no shorts on lucid, although i uh on these severe green days.

I always look at it as like a hedge opportunity and that's no that's for no dis disrespect to lucid. Oh vinny, you, like my explanation of where the money's going yesterday the evap not to be confused with evac who who remembers um? Oh, what is it the truth and reconciliation who remembers what that's a map in a certain game? Well, a level in a certain game. Does anybody remember which game that is has uh that was back when uh bungie was with microsoft right bunji bunji was uh american video game developer established in 2009 uh, i'm sorry in 1991, yeah microsoft, game studios, that's interesting, but i don't think they do anything anymore. I think it's all just microsoft game studios now, halo, oh okay, y'all know you all know: okay yeah! All right! I was wasn't sure.

If people remember looking backed uh, i don't vinnie. You can't call yourself a dork for recognizing that was halo. You know when it's bad is is when you can, you can just blindfold and start going. The enemy has captured captain keys and they're, holding him aboard one of their cruisers, the truth and reconciliation.

They can do the whole thing. It's ridiculous, um. The ship is currently located approximately 300 meters above the other end of the plateau. So how do we get inside the ship if it's in the air or do we erect from its wing there's a gravity, lift that carries troops and supplies between the ship and the surface? That's our ticket in once we get inside the ship.

Oh it's! Oh! Those are good memories, good old, halo, uh anyway, so uh. Why is fun? Wear dropping 8.3 when d-wax actually doing well? No, oh, it is because d-wack's going down: okay, okay, d-wax rotating, that's interesting, so d-wax rotating to the downside and uh and uh fun where's following it. That makes sense shift technology, also continuing to rotate down here, uh and so is open door on that price target cut, ttcf, jpm, dis, yeah very mixed day. It looks like i wonder if this is another one of those small cap.

No, let's see if we can define this day here, so these are the large caps. I've got one two three four, five: six, seven red on this sheet and the next sheet. I got one two, three, four, five: six, seven red. If i go to smalls here, the the teeny tiny caps, probably start with like uh over here in the uh 100 mil range one, two, three, four, six, seven! No! I can't really say it's only smalls that are getting beaten up right now, oh well! It's a little unclear.

Let's see the indices, i wonder if the russell's getting whacked well, let me see here uh the russell hasn't updated. Yet the russell is usually the russell should update within about a minute here on cnbc, so we'll see nope there. It is yeah. So the russell's doing the worst - it's 0.06 percent, the dow's up 0.43 s p still sitting at that.

.59. Hmm! Oh! That's! Awesome! Wall street holics! Thank you! So much for that yeah! That's that's cool! Shout out for that uh spreadsheet! That was awesome all right! So, hmm, okay, what's what's suffering to the point where it makes sense to buy? Let's see here so shift technologies rotated down off the beginning of the day, it's still 1386 honestly, 1386 uh for uh for for sofi. Now at the banking charter, it's not bad! What's going on with the uh russia hold on a sec, i see y'all in the comments here about russia going off about russia. Are you? Ah, let's see here, russia allies will act strongly if russia acts right, says empty threats from the u.s government.

Ukraine standoff can only end when russian troops leave uh. I don't see some sort of uh ukraine holding joint news conference and i don't see anything about, or particularly shifting here on, the market, uh or or on russia, something about a joint news conference between lincoln and ukraine. Victory for russia with so panic and discord in ukraine and not particularly see anything wild over the last hour. All right! Well we'll keep an eye on russia, but uh.

I don't see any particular news there right now. All right, we shall see all right. So what what's there to go shopping all right, so we got sofi, which is rotating down. You've got backed holdings, which is rotating up.

It's five dollars: five dollars and 94 cents. Lucid uh. Doing quite well here for this bizarre market that we're in four percent ubiquity ubiquity throughout and all this madness has been doing very well right. At 300., nato is trending on twitter, uh, nato, ukraine's, not part of nato.

So i don't know why the north american treaty organization would be trending on twitter. I'm gon na look for myself. Really quick uh explore trending yeah. Nato is trending on twitter.

Why? Oh that's pet! Call me! Okay, there we go uh! Oh this is just about. Ukraine. Wants to join nato, oh okay, blah blah blah! Well because the thing is an attack on one is an attack on all right. I i don't.

I don't ever see the ukraine joining nato yeah! No and i'm not expressing my opinion in terms of whether i think they should or shouldn't i just i just don't think it's gon na happen uh. Why is egg look at this x? Ping is down almost five percent today. You know what i feel bad about is kathy woods started buying x, bing and uh. It's kind of been just rotating down since yeah tough, tough break here here recently, but uh anyway, xping has uh.

I wonder why i'm gon na take a peek here. Why it's down uh five percent here? Let me see here yeah, let's see x, ping, all right, so neo tumbles, as evie sector, suffers further weakness. China stocks fall on alibaba probe that was yesterday today. The only thing is: eevee sector suffers further weakness.

There's an update coming through here for chinese stocks. Let me see here: okay, let's see what this says: neil fell, okay, that was yesterday. No. This is all referenced to yesterday, yeah that doesn't look good uh.

So no particular news in terms of why xping would be down about five percent right now. It's just the the insanity of the market here so x, spins down four percent matterport is also in a world of hurt, uh and of of basically, in my opinion, the only legitimate metaverse stock. That is it's incredible. How cheap it has gotten uh.

This is the day chart for it, so the day chart is is even gross uh, so you got about four percent here. It's just small caps, just getting smashed uh. Unfortunately that happens. I think the only thing that really protected matterport was the metaverse hype for a period of time, and then it just became another small cap that just got wrecked, along with the other smokes.

Smalls are not getting loved. Oh well, uh tattooed chef, three percent dutch bros about three percent 2.8. There's. Definitely a lot of red here, cardano wayfair, there's a good chunk of red in this market.

Uh certainly appears to be more common amongst the small caps, but you even got jp morgan going down and neo down about. One percent. You've got spirit airlines rotating down, and these are all sparking down like all of these sparklines are showing more pain, evolving intraday. Here robin hood down: half percent uh disney - i mean the pain, is really just continuing right now, that's kind of why i started the video too, with like seen this movie before you know we get a little rebound, everybody gets excited and then it just keeps on Dipping uh, very very i mean look at this.

Sofa is just giving up look at this. I mean at this rate, sofa is going to be up zero by the end of the day. Uh wow backed holdings 878, voyager, ditch and cloudflare cloudflare 97 dollars come on man. Under a hundred i mean i, i know the cyber security in terms of earnings.

They they uh. You know they prefer reinvesting to to earnings right now, but still, my goodness, honey mining's up lucid, even gave up a little bit of it's four percent sitting at about two percent now, with docusign rocket rocket, tried moving as well right at the open uh and that's Rotated down now nvidia arc arc up about 1.7. I mean first green day in a while. I wonder how kathy's flows have been uh.

Let me see here: rk flows, okay on the 13th, oh wow on the 13th had a 352 million dollar withdrawal on the 14th. Had a 156 million dollar withdrawal and on the 18th had 100, that's yesterday had 192 million come in, but still that's it. Those are solid net outflows. That explains, probably why she's been uh selling a lot of tesla.

Let me look at her last uh trade. I'll pull that up one second market going to zero yeah, pretty much all right. Let's see here, arkey ark there we go all right, welcome to ark sales they sold. Well, i mean fractionally.

These aren't really even sales. I mean there's such nominal little share sales. Here, a little bit of buying into some more of the therapeutics uh sold jd, so lockheed martin, no, no tesla sale in this one. That's interesting! Hmm snap netflix! One percent sold one percent of netflix one over etfs uh.

Let's try one more here! Yeah there we go, here's see here's a tesla sale uh in the day before so this is probably this is friday buying in vitae and dumping tesla a lot of tesla selling. I do wonder, let me see here if tesla's still top position combined, it is yeah t-docs next followed by coinbase zoom roku. If i go to rk, i get yeah. Okay still got still got the the and then, of course in hold on which one's the robo to the autonomous, our q, okay, 11 yeah.

All right very interesting kathy went from 5 million shares of tesla to 2 million. Is that true? I wonder if uh, let me see here combined it's a great website by the way kathy's ark.com. Where do i see? Let's just click on it, shares? Okay, there we go so at least uh, at least here it looks like they had 5.3 million shares. At one point you could be talking about just a particular fund where they had two million, but anyway wow.

Are you serious look at that? They had 5.4 million shares of tesla, and now they have 1.4. Am i am i reading this wrong. One point there: no 5.4 million shares of tesla down to 1.48 wow and weight in portfolio has definitely dropped about a percent and then it's all been cells. Let me see here: let's do 100 per page whoa.

Oh there's been some buying. Okay hold on. Let's see here so sell, sell, sell, sell, sell but selling tesla selling tesla selling tesla selling tesla did buy tesla in june and may okay, it was actually pretty cheap. Then, in fairness, those are some nice buys, but otherwise, and and even in oh january 29th and feb wow uh, but anyway um a lot of sales.

I've been selling tesla for a while all right, she's gon na regret that tomorrow, tomorrow, uh, i think uh next week is when tesla does has her earnings. But i know what you mean: she's been down. The whole year has to take profits from somewhere ouch. All right, so, what's what's unfolding here, oh whoever's comment i had up.

They said five million shares to one uh to two million. I don't know where i where, if i said that wrong whatever it it, we just saw that it was like from like 5.4 a 1.5 or something it's crazy anyway, uh, okay, so so far, uh potentially hitting a little bit of a bottom here, weird uh start To the day very weird start: the day the thing was up: like 19 20, it's rallying uh and now potentially hitting a little bit of a bottom. Here. Let me look at uh the indices.

Here s p point six nine keeps rising russell's, actually up nasdaq. Almost a percent okay, dow's up point four they're, all up cloud flare's up about four point: six percent: it's still in the toilet, but but still okay. I will take it lucid. Coming back to that, three percent um affirm 2.2 percent uh nvidia 1-9.

Not i mean what a weirdo market, though, and then dwax getting whacked x-ping motors matterport, dutch bros shift tattoo. Now. This is all relatively the same here same sort of pain. Let's go to end phase and phase 1.8, i mean certainly no no euphoria or enthusiasm.

Oh, i think social cloud fire getting a little bit of a pump here. There's trade desk, half percent okay. We look at bonds, then sitting at 1.5 or 1.85, so relatively stable intraday. No, no particular news there.

Okay! Fine! Then! Let's go close! Some of this nonsense. All right, what do we got here? Wall street journal, microsoft's mega deal powers, it's netflix of gaming aspirations. That's true! They are doing this, the the uh. You know the microsoft um.

What's it called the xbox live subscription where you, the game, pass. That's kind of interesting microsoft, climbing how's, microsoft, doing msft one percent - well, i think, probably the uh, the megas are doing well right now: nah, half percent on apple, no microsoft's, not performing google, 0.87. Okay, okay, we talked about the masks talked about morgan stanley. You know.

I think with the the saddest thing is how stuck crypto has been at least bitcoin two point, four percent sitting at forty two: four: it's really stuck uh cardano, though still up thirteen percent on the week; okay, bizarre market, no clear direction from this market here. So, oh and did tesla just go red wild wow, absolutely wild. It did yeah look at that wow insane market folks anyway, all right well we'll go to the course member live stream and talk about some of my purchases a little bit later. Uh, if you have not checked out those programs yet check out the programs on building your wealth link down below, you won't regret it.

Nobody does and uh. Thank you. So much for being here, we'll see you in the next one. Goodbye is crypto still being considered a hedge against inflation, no uh in fact watch this video here you want a video to watch.

Watch this okay hold on i'll pull up for you, it's kevin crypto. Where is it uh? What was my video called i'll? Give you i'll give you the title of the video so that way you can watch it, but i made a video about why it's no longer a crypto hedge or a inflation hedge. It it's is, i will find it. I will find it.

I don't know. I actually don't remember which one it is now it's one of the more. It might be four reasons why crypto is falling. It could be that so there's uh yeah, that's probably the one it is.

I will verify i might just change the title. Oh, why crypto is falling in my 2022 prediction could be that one mark this day why crypto's falling in my 2022 prediction uh anyway: okay, either that or four reasons crypto is falling. One of those watch that and then you'll you'll see a little bit about the inflation hedge uh. Okay, thanks so much we'll see you goodbye.