Are we experiencing a dead, can bounce and will we be able to go around like luigi in luigi's, mansion and suck up some ghosts of deals? I don't know, let's figure it out together, uh folks uh. We currently see that the indices are rebounding uh they're. All up uh, just over a point: seven percent uh s p just slipped there, a little bit as i said it, but anyway uh point: seven: four on dow s, p .69, nasdaq point seven and 10-year treasury sitting at the 1.30. So this is going to be interesting, is uh, is today uh a solid bounce or a real bounce back is uh this uh bounce back going to last uh throughout the day.

Some things to keep an eye on. We still have a lot of the uh negative uh uncertainties in fact, evergrand missed a debt payment this morning, uh or today, since it's not really this morning there, but anyway, today, we've got another big payment due on a thursday uh. How much is evergreen actually really going to affect the united states? You've also got these thoughts around hey uh, the chinese uh chinese regulators are off until wednesday. The hong kong stock exchange is open, uh today and was open yesterday, but uh the shanghai stock market's not open until wednesday.

So who knows? Maybe this is the whole evergrand issue and issues related to it. Splitting hairs is the market just very, very resilient, and should you buy any possible dip? There is well we'll see today, based on how the market reacts. I think watching this opening bell is going to be super uh interesting, because we we didn't really get a big sell-off on uh yesterday. Actually - and the reason i say that is it's almost like - we just gave back pricing that we gained on friday, and it really felt like we've got this potential, beginning of of maybe multiple days of more pain, so seeing a recovery.

Today, though, in the indices, by about point, seven percent kind of makes sense when you're selling off more than two percent the day before so uh. But it's certainly not a very clear-cut trajectory. So we'll see what happens uh, we do have uh most stocks down. Uh.

Sorry, most stocks up here, uh at the beginning of the day, uh being led by a quantum scape. Actually, today, up twelve point, two percent you've got camber, which became a momentum play here. Uber uber ceo was talking up how they've got five percent more drivers in the last uh 30 days, and some excitement around uber here: arkamoto up 3.56 dutch bros up again uh 3.18. Here, look at that it was up yesterday, 18, while 95 percent of the market was down.

It's incredible really in terms of red. We don't have much and crypto. At least ada has seen a little bit of a recovery uh. Let's see here, i believe, eight is somewhere around 220 right now, where's the darn thing there.

It is 218 on ada, uh, bitcoin, actually and ethereum have not rebounded as well as ada has ada back off of the uh, the sort of lows. Yesterday we had a little bit of a spike down. I saw liquidations happen and i watched this spike down happen. We went down uh to a buck.

Uh 97, here sort of revisiting that uh that early morning decline of a buck 97 that we got actually coming in slight fractionally lower there upon liquidations, we were expecting liquidations. I will say, though i was expecting liquidations to drive the price of ada down more than just a buck. 97.. Let's take a brief, listen see what jim's got to say.

This ceo was just on the road visiting people taking share from all okay. Let's just talk about ceos all right, whatever so um yeah uh anyway, we had we had somewhere around uh 300 billion dollars. It was some, no sorry, maybe not, that much um i'll have to look. You know what we'll look right now, we'll go ahead and pull up the liquidations together right now.

One second, here all right! All right! Excuse me all right. Let's see uh huh, let's see what we had and we had some nice liquidations. It was right around 5 p.m. Yesterday, too, i think it was like 5 30.

uh all right. So, let's see bibbits tells us that we've got liquidations liquidations. Let's go here. We go okay, we're going to zoom in a little bit here and then i'm gon na share the screen.

Let's go out to an hour all right here we go so here we go. These were the liquidations we had yesterday in the five o'clock hour yeah here. You go look at that went up to about 466 million in liquidations right here and when we had these liquidations in that five o'clock hour, we saw crypto fall substantially uh here, for example, on the ada chart, you could see: ada fall from about 208 to 197 And that same sell-off, you see right here in bitcoin, we're pretty much right there at that five o'clock hour, where bitcoin almost broke the 40k level, which is incredible and then it's it's somewhat traded sideways since that moment so uh anyway, yeah ethereum and bitcoin still down Relative to where they were uh the morning or yesterday morning, see aetherium. Yesterday morning, as the day kind of began sat around yeah 31ish yeah, 3088 3070.

There we go and btc sat yesterday morning, a little higher as well yeah right here around 44 42 44 8. In this region, here, uh 1 a.m hour somewhere around yeah 45, exactly okay, so still down from the morning of yesterday, aida faring pretty similarly right now, especially since it's rotating down 216. interesting uh, i'm very interested specifically to see how stocks react this morning. Are they going to have these large gains, or is this going to be one of those where we're going to see a strong open and then perhaps it goes? We go straight back down a lot of the negative catalysts that we had yesterday are still present.

Today. I don't think any of the negative catalysts have really gotten worse, but what we did see yesterday in the s p 500 at least - was massive future contract buying and closing of one day shorts right before the closing bell and see that was really right here. This is uh the last 30 minutes of the market had this really beautiful by the dip here right in the last uh 30 minute section here, 30 to 40 minutes and uh. Part of me wonders if this bounce here in the pre-market opening is really just a uh, a continuation of that by the dip sentiment and uh.

I'm curious to see if we're going to slip. Who knows, maybe we open a little bit green or we just go straight to red? Who knows but that's going to be telling imo, let's see how our volatility index is doing today, so volatility? Do we actually get volatile? I don't think we get volatility until the market opens, unfortunately nope all right, fine, then, but otherwise. Yeah, let's see here, somebody mentions btc bounced off 21. emit.

Let's see here uh i do not have my email on, let's say all right, so there we go. Let's see, i have it at 26, i'll go 21, we'll see what you're seeing style - okay, lipo perfect! So, let's see here on the day, chart 21 day zoom in a little bit here, you're looking at the day chart on the 21 day for a bounce on the on bitcoin um. You must, we must be looking at maybe like an hour. Yeah maybe see the 20 okay anyway, so um all right uh.

What else do we got here, so uh rug will be pulled out for any gains today dead cat imo. All right, let's see, if you're looking for long day, a long plays and see days like yesterday, do you put in the stop loss or just see it as this uh yeah i mean for long plays. I i don't i wouldn't time the market. I would only try to time the market on trades uh, you time the market on longs.

It's not so good. You do a nice trade uh. Sometimes it could work in your favor. Sometimes not that's the risk.

With trading you do try to get uh b. You try to be right: 70, 70 to 80 of the time when you're trading, that's the goal and uh. Well, let's see here looking at some of these counts here: yeah, trudeau, good job, trudeau, didn't get his mandate but got reelected uh! That's interesting! Let's see here! Evergrand watchers may finally get a hint about china's stance. Well, i am pretty confident that china is gon na regulate and crack down even more than ever before after this disaster.

But let's see what they say here: okay, let's see evergreen watchers may finally get a hint about china's stance. Investors seeking hints about how beijing plans to deal with china's evergrand debt crisis are training their crosshairs at the central bank's liquidity management. The people's bank of china will resume daily operations, wednesday after a holiday break, and a large net injection may signal beijing's intent to reduce system systemic stress after the evergrand crisis royal global equities. On the other hand, if the uh people's bank of china withdraws funds, that could mean it's prepared to tolerate higher market volatility as the developer moves closer to default.

So they're gon na make us wait for tomorrow. All right, that's incredible! So uh yeah, that's exciting uh! So that's interesting now look at this crypto on on the uh five minute here rotating back down again a little bit see. We were really recovering from yesterday's liquidation moment, but now we're rotating back down. Hmm, i'm going to remove support here, really quick, remove there.

We go all right clean up that keep that list a little bit clean there. Okay, so uh quantum scape and yeah uber seems to be moving a little bit here more in the pre-market to the upside uh. Dutch bros also got about that 3.5 move here and lucid continuing to uh impress up at twenty four dollars here: hippo uh down fractionally super low volume. Here, though, in free market, so not really going to call that pre-market.

Anything lemonade came down yesterday to about 68, see where it is today, yeah, 68 right now it's trading at 70. Even i'd love to see this come down a little more, but sometimes you can hope and pray for the discounts and then just don't come so the open is going to be a big tell here, because i do think this is a lot of this. Is a continuation of the excitement yesterday, the last 30 minutes of the market? Yesterday, quantum scape must have had some news here by the way this looks like a news event. I will find out because we'll pull up the bloomberg seminar and find out.

Ah, let's see here uh hood, getting close to the buy zone. Somebody else pumping this thing - i tell you, i don't have no idea what that thing is uh watch the china hustle on netflix explains the whole spec. Reverse merger, hustle, nice all right. What else we got all right? Let's go ahead and uh log on in hood, getting close to the pi, so yeah no kidding zr.

Okay, let's get in here all right, cmc's been on commercial. It feels like forever here, that's usually what they do. When there's low news, you get a bunch of breaking news: they they do a whole lot less commercials. It seems that way at least all right, so u.s futures gain okay, let's get in here.

I don't know you can do it there. We go u.s futures gain as stocks rebound dollar dip all right. Let's see here, u.s indices advanced uh in europe on tuesday, as traders reassess risk from china's crackdown futures on the s p, 500 and nasdaq 100 gained suggesting some improvement in sentiment after concerns of fallout from the evergrand debt crisis, the european exchange climbed more than one Percent, oh well, this is a good potential kind of leading indicator as to how our indices might do looks like uh in in europe, we bounced to one percent and uh and and uh that's uh and held it basically, so that could be a little bit of A heads up for us and what do we got here, let's see if we can listen restructuring, that the governmental regulators have been involved in whether it's iran, whether it's china fortune land, other single credit events, so they have the confidence in terms of this potential restructuring. So the likely scenario is that they will avoid bankruptcy when it comes to evergrand, seek restructuring with strategic investors or bridge investors.

The priority really from you know a domestic perspective and a sentiment perspective is a priority on project completion, supply chain cash settlements, and so again, if we look yeah, you hope, like the best case scenario for them, is that they uh they can actually finish their projects. That'll be interesting and that's why i think they'll end up being uh, not so much a bank bailout, but a private market bailout or restructuring of some kind where there's a just a massive refinancing of the debt. That's uh, that's my expectation, some sort of massive marketplace driven refinancing of the debt, which should actually be good to try to settle down uh overbearing bank regulations by the chinese communist party, we'll see michael bloomberg. Two republicans don't skip out on america's bills.

That's interesting! Michael bloomberg, pushing for uh, essentially um the three and a half trillion dollar stimulus package. If you watched my video breakdown yesterday, a vote of by republicans to uh contribute to endear like raising the debt limit, would basically pave the way for the 3.5 trillion dollar stimulus package infrastructure package. Getting done my expectation anyway, i made a video about that yesterday. You could take a peek at that yesterday yeah it was late yesterday too.

So, if you haven't seen me yet i don't blame you, it's late, okay, cool, so uh. What do we got? We got about 12 minutes to the opening bell. We've got uh some some green, some excitement here. So far, we've got uh oem agreement is ah okay.

This is some news. There are quantum escape, indeed uh, all right, so not much super exciting in uh pre-market here the exception of quantum scape doing well quantum by the way 23 dollars. I remember when the thing was like 123 dollars: crazy, all right, let's see what we'll specifically see what the news is on it: quantum scape individual news, um. Oh thanks.

Thanks for saying y'all like that uh that video say, okay, so quantum escape soars after another deal with a top 10 automaker. Ah, okay, they ate kate. This, let me see i get so skeptical about these deals with big companies. I'm gon na i'm gon na read about this and i'm gon na show it here hold on.

So this is their 8k. Let's see what they said. Quantum scape, let's see here quantum escape, says recently signed an agreement with a second top 10 by global revenue. Automotive original equipment, manufacturer oem, in which the oem committed to collaborate with the company to evaluate prototypes yeah.

I mean it's not a bad thing. I just think it's a little silly. The reason i think it's a little silly that the stock would move. Ten percent is really what they're agreeing to here is uh, hey uh.

Once we have our batteries in a few years, you down to check them out. Oh yeah, we're down to check them out cool cool uh. You know, if you like them, do you want to reserve, buying some yeah sure, okay cool and then they put out this statement like to me. That's that's what i break down happened here, because i don't believe the other top 10 manufacturer would say: hey we're going to buy 10 megawatts 10 megawatt hours of battery capacity, no matter what i can almost guarantee you, it's a conditional hey if we like it sure Hit us up with the pre-order, but to me this is nothing more than hey.

Y'All want to check out our prototype. Yeah, let's go, and if you like it, you want pre-order yeah, all right ak stock up 10, like if i were the management of quantum escape. This is something i would do right before wanting to raise some money on the stock market. It just it feels a little similar.

It feels a little silly to me, yeah, but uh. You know it like. It never ceases to amaze me how little news sometimes can it can really move stocks and uh, and i think that's why you're kind of you kind of saw this. Oh, my gosh look at all this excitement, and it was really just this almost like this.

This like catalyst for traders to like get in and then out again uh, that's a little bit of what what i believe here. So no all right, we'll see, we shall see how things open and that'll be one we'll take another keep an eye out all right. So that's interesting, though, about quantum we'll see if they ever actually get closer to having a battery people can actually test, as opposed to uh the big nothing that we got right now with them all right. What else we got talked about? Quantum escape fidelity issued an alert for hlbz, saying that deficient issue or failed to meet nasdaq listing requirements.

The heck is this thing. Oh i'm gon na go on the terminal about this. What what do we got? H, l b, z, okay, h, l, b, z, h, b, z, individual companies - i didn't even know what the heck this thing is all right. Let's see here, uh hell, biz shares double pre-market after amazon deal for italy, okay, uh, star rockets, after media unit partners with amazon, italy to broadcast championship games, and some kind of streaming deal with amazon amazon packed in italy, for the championship will be available on prime Video channels in italy help help is media, so it's some kind of media company, uh hellbiz, provides dockless huh into a lot of things and scooters.

Oh wait! What helpis provides dockless scooters? Basically, the company offers platform where you can instantly rent and unlock scooters from their smartphone and leave it curbside when finished. Well, how do they also do streaming? Apparently they do both uh all right, so a scooter company and a media company that seems odd mobility of tomorrow. I just should help his media unless they're two different things unless there's like a help, is media and then help his scooters. Uh.

Let's see here see, look at this uh, your ride, one tap away, so here's the the scooter yeah but then there's also help is live. Oh this must be yeah. This is their media company official screaming streaming service of the italian series be available on all platforms. That's cool, okay, so scooter company turned media company for italy is apparently doing very well right now, uh, that's very interesting, so uh hlvc really 149.

Look at the ball! Look at the volume before this happened. Uh magnitude, 6 earthquake strikes offshore of chile yikes yeah. Anyway. Look at the volume before 19 shares.

One share. 100. Shares 80 shares. 1500.

Shares. 200 shares 50 shares. Anyway, you get you get the idea and then all of a sudden it goes to 145 000.. Oh, my gosh! What a volume puppet pre-market? That's crazy! Oh, my gosh look at matterport just ran in the pre-market too, but also no share volume.

This is very similar. Look at that 32 shares in a minute here. Somebody just came in and bought 4 000 shares worth. 4 000 shares at 20.

Bucks, 80k yeah. Okay very curious to see how this market's going to open, although if europe's any guide it should open well and uh and hold those gains, if europe is a guide, so we'll see uh taiyo uh, let's see, oh thanks for twenty dollars, just wanted to say that Your daily live streams and courses have absolutely changed my life and look at the markets differently. Oh thank you, i'm happy for you and thank you for saying that. That's really nice that you say uh! That's crazy! This scooter, company, uh! Okay, look at this! So the futures have actually pulled back a little bit uh see we were when we started this live stream uh 27 minutes ago we were up about 0.7 on each of the indices.

Now we're uh we're actually down a little bit uh from that level. Here yeah. We are at uh 0.51. On the dow point, four five now point: four okay, we just fell off, fell a little bit more point, four, seven on the dow point, four three on the s p and point three six on the ass personally, i would love it if all of these just Turned right again and i'm just look, i don't want anybody to lose money.

I'm just saying that because i i i do believe this, like starting green years, is a dead cat bounce which, just in case that doesn't make sense to you like. Why are we talking about dead cats? Bouncing okay, let's say you're, you had a cat that was already dead. Okay, it's already dead, we're not talking about killing a kitty here, okay, you have a cat, that's already dead and you threw it off a building. It would still bounce after it hit the ground, so in other words, you take something that's totally dead.

That falls really hard and fast, and it's still going to bounce yeah. That's just the analogy. I didn't make it up. Okay, it's just i mean.

Maybe they could have used like uh like the dead rat bounce you know and and then it would have been less uh. You know less like sad yeah, because it's just like it's who cares about a dead rat right, whatever all right, all right, so uh all right, one minute one minute and we get to see: let's pull. Let's do this: let's go, let's throw up the spy and how about we also throw up tesla. That's that's.

What we'll do? Okay and we'll make sure we got one minute to go? We will make sure that these are on the average candlesticks, so they both look similar here we go. Okay, tesla was doing a little bit of a rally there into the opening, and so is the s p. Although it has come down a bit okay, 40 seconds. Let's see, oh by the way, if you want to get yourself up to 70 dollars totally for free by going to public, go to met kevin.com public and you'll get yourself 70 up to 70, totally for free right, kevin.com public.

They don't buy or sell your information and they don't use payment for order flow. All right! Look at that s p, trying to pump a little bit going to the intro here and uh, so is tesla we'll see google's up 0.78. I'm curious very, very curious. Here's the bell: let's go pretty great, pretty green: let's get the opening downline it's like 90 green today, oh my gosh, okay, so uh! This is the start kind of boring uh.

There's there's this red line on tesla uh. It looks like tesla's trying to go down here. S p 500 appears to be trying to continue. It's uh, it's it's joy's here, oh, is it gon na? Is it gon na go red? Is it gon na go red? I don't know i don't know um all right.

Let's see what else we got uh huh interesting! Look there! It goes it's going red going red mm-hmm! All right! Oh look at it now go red! That's funny! Um all right hold on a sec, uh huh! All right there we go sorry got ta, send this quick little, this trade that was good. Okay, we did a little trade yesterday in the stocks and psychology and money and uh it uh pulled about whoa put in about i sold a put and the sold put uh did pretty well uh. Well, let me close it really: quick, closing sva uh. Okay to all right, let me do the math on it really quick! Look at it fall, though.

Okay, there we go so yeah. I did a sold put. Let's see here sold put and uh 2.16 that sold put uh oh cool okay, so i sold a put for three dollars and one cent a hundred times a hundred actually and thirty one thousand dollars sell put, and i bought that back for two dollars and 16 Cents uh, so it's about a 10k, oh sweet! Okay, that one trade was about 10k uh cool, okay, cool, all right. What happened here so yeah take a look at this.

Okay, so uh. Definitely some red candles here on both the s p and tesla, which let's see how everything else is doing, but it kind of kind of reiterates that signal of a potential dead cat balance. We have just it's just literally been red red red red on both of those, but i see some of you saying some things are doing well here: oops uh, it looks like uh it matter, ports back up five percent, that's pretty much what it gave up yesterday. You've got uh amc at 2.3, lucid at 2.3 yeah.

Let's see here, yeah here's snap snap's moving nicely to the upside s. P's still declining lucid, had a little bit of a spike yeah. Let's get amc here and see, i'm trying to softly move here, see camber camber, camber's doing a nice move. This is a very momentum-based play which is fine.

It's not an insult. It's just observational uh. Meanwhile, the s p 500 is continuing to rotate to the downside. Here, hmm upstart trying to come back um td at a trade desk a firm.

These are some nominal gains right here, okay, so the indices are the russell 2000 just get. How is it down 2.44? Is that true, okay, so the russell 2000 down 2.44, but the other indices are sitting at about up like a third of a percent and uh despite being up about a third, you know you do have some things trying to move here, looks like mostly momentum. Right now, camber ater, these guys are moving. We talked about quantum scape and what i thought about their 8k, which 8k by the way, is just a fancy way of saying it's uh a um, a company update that they're releasing yeah, i'm surprised, okay, the s p.

500, coming back there, you go look at that. You had you had a little bit of a cell there, and now it's coming back robin hood up about one percent. I'm surprised they're, not actually not up more after the whole crypto wallet thing. Maybe people think once they actually have crypto wallets people just bail out yeah.

Look at that tesla turning green again, okay, all right! So we had. We have the sell-off there for about three three four minutes yeah. I didn't that didn't make sense to me. Yeah you're right - this is not last updated at the right time.

That's still from yesterday, russell's stuck on yesterday, so, okay yeah, look at that now the indices back up again a little bit. Okay, so a little bit of dip at the morning and now pushing back. Hmm fascinating market, it's the market that can't be held down. What is going down? Uh hippo sitting about 486 dutch dutch bros went down.

Uh 2.52 smile direct down a bit: okay gk. Let's see tattooed chef coinbase what else huh? No, i i didn't, keep any call options. I i sold a put yesterday and i bought shares and then i closed both of those when they were up this morning. Uh so end phase is uh is up about 0.34.

It's interesting. It's actually look. It's actually falling. Hmm, i mean i would not mind an opportunity to go buying to buy end phase.

Let's see what about lemonade. Okay, lemonade's barely crawling up here at 70 26.. This is such a fascinating market. Okay, let's figure out, let's, let's see here lucid, softening a little bit slowing down a bit yeah.

I know a lot of people: cash, a heavier a teflon market, that's a good way to put it that is kind of what it feels like. So basically, we had the s p 500 dip here, but then it just started rebounding right away, uh like right away, basically so teflon market. I i agree with that. I think that's a good reference! Uh and uh.

Let's see here, uh nice bounce off support for neal. Let's go look at neo, okay, oh yeah! Look at that! Neo coming up a little bit here! 35. 74.. Nice.

These small gains here, but still gains. You know oh and face getting better and phase about half percent now where's the darn thing must have reversed yeah there. It is yeah and phase rotating back up a little bit. Yeah.

Look at that. First, five minutes of pain here, yeah five minutes of pain. Now, rotating up together, okay, lucid's not running anymore, like it was cardano 217. His liquidations yesterday pushed it back to about 197, but uh.

That's the second time it bounced off of 197, but not much beyond that etsy back up about two percent kind of back to where it was yesterday. Dutch bros that's pros, fell for those first five minutes and then stayed flat, but look at the s p. It's almost starting to rip over here. Let's go ahead and listen to kramer over here i said: look you have got to help restaurants they're getting wiped out, so he comes.

He says all right and then he opens helps restaurants. I mean it is look at that chart this guy shoe is the real deal shoe shoe. Okay, so james christian kramer doesn't have anything to talk about uh, all right, uber, camber, lucid there. He goes lucid again, not lucid, pushing honest blink.

Matterport three gave up a little bit of some of that excitement. Expi shift trade desk. These guys coming back up three percent here. This is pretty stable.

I mean this is kind of like what the european market predicted was that uh we would stabilize in the green and uh. That's that's what we've got right now. Most stocks up say about 90 of stocks are up uh. Only stocks like tattooed chef being down i'm kidding but uh yeah, this coin base pretty much flat a firm's pretty much flat, see a firm was more green, though just a little a few minutes ago now it's flat and yeah see a firm rotating to the downside.

So you really do have this mixed bag going on today, ccl. Let's see ccl going up d-a-l for delta carnival, okay, it's a messy day, all right, let's go uh and then, of course, here's that scooter company with the media uh deal thing ran up to like 161 percent uh. It's now slowly, starting to fizzle down. After that news, um airbnb ceo, we can adapt.

However, travel changes. Okay, let's say: okay, there is the s p again. This is a roller coaster. Folks, uh all right, that's key! Let's go jump on over yeah a little volatile there.

Okay! So then, let's go to bloomberg all right, so bloomberg, uh, understanding, immigrant uh. We got johnson johnson booster, let's see here, another chinese developers bond slump after repayment fears. Well, that makes sense people would be afraid of the other ones, stocks rebound from biggest drop. Since may it's what drives me nuts? Is it wasn't? Let me bump the volume a little bit.

It wasn't that much of a drop we just had a massive gain on friday, uh yeah just odd all right. Let's see here new shins yeah, i'm gon na tap that it's not so interesting to talk about now, yeah that we talked about it yesterday. How minutian went on this, like 300 000 state-sponsored trip to the middle east right in the last days of the presidency and or of trump's presidency and people are wondering like why? Why are you spending all this money going to the middle east and now he's doing a 2.5 billion dollar fund? That's crazy, mm-hmm, okay, global inflation, spike seen posing near-term economic risks; okay, all right, not much on bloomberg. Let's try financial times so financial times.

We've got evergreen used retail financial investments to flood funding gap. Okay, so, let's see here, crisis hit the chinese property evergrand, uh and, and they use billions of dollars raised by selling wealth management products to retail investors, to plug funding gaps. Evergrand financial advisors marketed the products widely, including homeowners in its apartment blocks, while managers persuaded subordinates to invest huh one executive suggested the products were too high. Risk for ordinary retail investors should not be offered uh safe and stable returns, backed by evergrand we're at the heart of the sales okay, backed by evergrand yeah.

That's that's real, oh valuable, gosh uh, oh yeah, yeah not heard of quant gang, no uh. All right contract should ever answer. Oh an ever grand subsidiary underwrote the product, okay, while a separate underground, evergrand subsidiary guaranteed, it would reimburse uh shen if who buy defaulted. One investor named rosie chen and her husband, an ever grand employee, invested uh.

What probably, somewhere around eight fifteen thousand dollars this year into a product advertised with an 11.5 percent annual return on the urging of one of his superiors? The cash went to a supplement, while the working capital of a company called who buy materials. Oh, the cash went to supplement the working company of a company or the working capital of a company called hawaii. I got it. Okay, got it and um, so an employee of evergrand buying this ever grant product underwritten by an ever grant subsidiary, with a guarantee from a different ever grand subsidiary yeah.

This sounds totally legit. Oh my gosh! Oh man yeah. I don't know this. Oh yeah, okay, but hasn't hasn't given up hope.

Perhaps evergrand will survive uh look. This is this is one of the these are the kind of shady constructs that make me feel uncomfortable investing in chinese related companies. It's hubei, fine, it's hubei. Whatever.

The point is the same: not uh, not not super happy uh with um some of the the ways things get done in china uh. It definitely makes me more nervous, but hey look at this uh s. P 500 still moving nicely uh to the upside here. So is lucid.

Look at that lucid at 25 dollars, a 20 uh yeah 25 50.. I my i got sold puts on this one uh. I should look into that. One hold on a second here - let's see here, so how much have those sold puts gained on that one soul puts on lucid 35.

36 percent. Okay. I don't know that i'm ready yet to close that eye at 35. That could do better, but uh.

That's that's! Nice good so uh, which keep in mind anytime, i buy or sell anything you can get my buy, sell alerts in the stocks. Psychology and money group link down below got that coupon code expiring this friday, uh and then the price is going to go up. We got to catch up with inflation, we got some work to do matterport doing nice here and, of course, the goal is to uh always show, what's on kevin's, mind not to trade for you. If i could trade for everybody that that'd be cool, i can't do that anyway, dutch bros down about four percent right now.

Let's look at the day chart on dutch pros here. It's basically on the average candlesticks just been pure green. Looking at the hour here, we are we coming off highs. Yeah, we are we're coming off, uh almost all-time highs.

Actually we did hit 54 39 at an open here. A few days ago. Last week it looks like all right so uh, ater quanta moving nice got the momentum on camber uber's doing well. After the ceo talked it up, we've got matapor 5.41 percent uh and lucid almost seven percent.

Really nice rebound here. A great job here. Try a trade desk coming up three percent: another great company here virgin galactic coming back a little bit, piton back to 103.. You've got uh walt disney 187 where's.

Where does he just go lemonade actually turning a little bit more positive there, but still struggling right at that 70 line really looking to uh to buy this thing back, uh buy some more of it. Be nice to get close to 65. that'd, be nice, robin hood. C3Ai, coming back tiny little bit mostly just green day today, makes you wonder if we're gon na snap it tomorrow or if we get us we're gon na stay at these levels, not much red right now, gee! Oh, look, end phase, hey! There's your opportunity by the diploma face turning turning red on the day.

The s p is actually continuing to move. Yeah. Look at that double red here on end face. Smp, though, is still continuing to make gains here.

In fact, you go to cnbc. We should be able to see the all of the indices doing well here. Yeah, look at that dow's! Almost at one percent s p point eight four nasdaq point: eight eight! There we go russell a little bit delayed it's about 15 minutes delayed on the russell is showing up at about 0.76 volatility index fell nicely here as expected. So let's see s v x, y um, nice.

Nice moves there very nice, two percent on robin hood. Talking about that crypto wallet, i thought with the crypto wallet talk. It would move a little bit more than it did not much of a movement there on the crypto wallet, uh yeah, you know bailout can from the nobody. I don't think anybody actually thinks the government's going to bail out evergreen.

We think the private market is going to do something uh to to help them survive, but i don't actually think uh. The chinese government is going to do anything all right. How about barons? What's baron's got for us today, parents, let's see what barons has today. Stock market is recovering after a brutal monday, evergrand remains under pressure.

Why the stock market tanked, and what to do about it fear is shaking chinese property stocks. They aren't all like. Okay, looking up strong open after their sell-off today, yes, okay, johnson johnson, booster, shots work, cool adobe earnings are today stocks going strong fedex results coming new home construction bounced back in august, but shortage persists. Yeah how's crypto doing right now.

Look at that bitcoin slumps. Again, as investors shun riskier assets, well that was on the liquidations earlier or yesterday went down to almost 40. yeah. Here we go that was right.

At liquidations, uh cryptocurrencies fell sharply on monday. Stocks are okay, let's see how they're doing now should be doing. Okay. Now, though, okay - let's see here now, cardano 217 doge21, let's see btc, let's go take a peek at this chart and wallets take forever to get done.

Yeah, no kidding 43.2. So it's really still trading sideways. After that, liquidation, dip recovery, hmm pound tears up a little bit. So fine, google, hey tesla, went positive percent good job tesla, okay, quantum escape backup matterport running again with lucid, matterport and lucid, have been doing very well.

The last 10-ish trading days very, very good, expi honey, peloton, okay and towards the down draftkings just sold off. Let's see what the news is on draftkings go to the term here quickly and i'll grab: draftkings, we'll figure out. What's going on here, okay, draftkings, let's find out someone sold some calls on lucid yeah i'll blame you probably juicy right now. All right draftkings makes 20 billion offer for entane and autographed to sell tiger woods, nfts on draftkings marketplace, wow draftkings marketplace and the intane.

What's but what's the entainment thing: entained, okay, entane, entang, group, largest sports betting? Now it's a sports betting company! Interesting now look at this entang. We are intane a world leader in sports betting and gaming entertainment with a clear strategy to deliver sustainability and growth. In other words, please acquire us yeah, look when the main website isn't about the product. It's here's.

Our environmental stability report and sustainability report learn about our business. Here's our annual report. Oh look! We have a foundation too okay, uh, but then again maybe this is. This.

Is just the the overarching page rather than like what these individual things are here: foxy games, ladbrokes, dot, b, cheeky bing, okay, some of these names just sound funny, but hey, maybe they're popular euro bet, corral b, win party poker who doesn't like party poker or party Casino wow: they got a lot of different websites here, incredible all right, well, uh! Well, draftkings is falling on that news. Actually now yeah it's about 3.7 percent. They got double news there and they're falling on that. A firm fell down about point.

Seven one hmm smile direct hippo, that's all we have for red and green is really just the the spack run here, the lucid the matterport, the uh having this is actually, i think, the third time now matterport has done a bounce like this. That would be worth paying attention to, because if it has this tendency of doing this over and over again it's something you could trade here. Let me go to the normal sticks for a moment. There we go so here we closed at 1889 close to 18.

Then we closed down 3.65. No, there was that 10 decline yesterday, but uh bounce back, bounces back six percent today and see here's that as well. Here you had a ten percent decline and then came back almost six percent. I actually came back 11 right after that.

So, look at that right now. The way the appetite is you've got at least two cases here, where matter ports dropped about six percent uh and then within a day or two after that, it'll bounce six to seven percent. Again, that's an interesting one to pay attention to. If you were playing like shorter term calls, draftkings nft marketplace has been very successful yeah.

I believe that i believe it. Okay, well good job here on the upside cardano, still sitting around the same place. It was yesterday 216. expi coming back fractionally here a couple percent where's and is end face still red.

Let's look here in the mid end phase end phase just barely went green volatile day there we go yeah, let's get the average there we go. This is end phase sitting about 152: it's not a horrible price. Okay, let's see what jim's saying play on the whole problem with trying to get new cars, and i want to encourage people to not sell it, because this guy used to be fiat, he did uh. He reinvigorated jeep and it's a great coup to get him so don't sell autonation uh on the fact that mike i happen to love michael, he is just dynamite, but this guy's good right and um don't sell it on that.

Interesting also azo had a one-month high. Today, after their normal and that number was good and they keep buying back stocks a lot of stuff anything having to do with used cars and fixing cars remains great because you can't get a new one. I have a car i'm trying to buy, i'm not going to mention, but i'm trying to buy a car for six months. You got a big show tonight.

You bet i do. I got salesforce because it's uh, you know this is their week. Man, it's dreamforce. Of course, and uh shanton orion does chantenu.

I have been recommending adobe since 66 uh ever since my daughter showed me how to be an artist, and i have never backed away. She is a. She uses it for every everybody who is in design david uses. This thing so half a trillion of market cap you got coming on.

I just it's going hard overhead, two of them the two combined half a trillion of marketplace, yeah good job wow, he just said - did he say good job yeah. I think you can go home. Can we run that the good job clip? That's it? That's all you get! Thank you we'll see at six uh mad money with jim cramer dow's up 240 here we're back after a short break: okay, um, interesting, uh yeah, i'm just exploring different, i'm exploring some cell puts on different options here and really just looking at red to see. If there's any leftover volatility to take advantage of um, the problem is, some of them are super close to their strike price.

So it's a little misleading like here's amc. Let's look at amc, amc go to october 15 and go to i don't know. Let's go to. Is that 31.81 now go to 30 or 39.81 go to 39.

39 gets you right now for october 15th, on a cell put oops the other way around 4.7 divided by 39.. Look at that 12. 12! That's incredible! Uh! Yeah! That's that's fascinating! So a cell put on amc is quite juicy right now, uh. If you go to hippo, you have to really go to the five but you're already a little bit under that not much four point: nine divided by five yeah, well you're, two percent under that.

So it shaves about two percent off of that mind: medicines, another one mind: medicine, 250, uh self, put 31 cents yeah, look at that 31 cents divided by 2.5, it's about 12., four percent. It is down a little bit, though, from that strike yeah see it's down. Seven percent from that strike, so that's really only like seven percent. That's not as great hmm, yeah, very interesting.

Okay! So look at all these sparklines folks. All these sparklines are going red or to the downside. These are trading sideways. I got a lot of red spark lines that just are getting more and more red yeah a lot of sparks to the red side here.

What's the s p, doing hmm smp is still up half percent, but is rotating down a little bit yeah somebody says the tenant. The 10 a.m. Uh sell-off! Oh it's funny! Oh, what's the breaking news good morning welcome to another hour squawk on the street, i'm carl kingston here with morgan brennan david faber, live at post nine of the new york stock exchange. Coming up this hour, the president will address the un general assembly, but there's no breaking news really speaking about foreign policy in a few moments.

In the meantime, dow's up 235, as we are seeing a bit boring. Oh biden's, gon na address the u.n ooh he's doing his job. I don't get it uh that'll make sense. Yeah greece selling off over here, so draftkings is worsening uh, i'm looking, i'm i'm waiting for that strike.

Opportunity on hippo and win resorts going back to almost under 80. - oh yeah. Here he is right. Now we meet this year in a moment of intermingled with great pain and extraordinary possibility.

We've lost so much of this deputy this devastating pandemic that continues to claim lives around the world and impact. So much on our existence, yeah all right, sorry, biden, uh. It is interesting to me that, with a little bit of patience here, we actually now ended up getting red again on quite a few different stocks. Uh amc is red again, so the dip continues.

You've got a firm uh dipping again, you have win heading to under eighty dollars. Hippo draftkings, dutch bros, getting us a better deal, redfin's pushing for us to get a better deal. End phase is pushing for us to get a better deal. See this.

I like this. Finally, it's turning red now, if only the broader indices could turn red today, then it would solidify the dead cat balance. Uh matapor and lucid obviously are in their own little fantasy world. I i do think they've run a little frothy and a little hot.

I think they've become trader stocks, which i don't blame because they they've moved with some nice momentum here, but it doesn't mean i i think, they're they're super perfect at these prices. Yeah smp chilling out a little bit. Let's go cnbc here: yeah cnbc, okay indices, slowing down a little bit, not terribly much yet so how about more cell puts hmm lucid, says no red today right richard hart, i don't know - maybe maybe one of these days so we'll i'm going to finish my solano. Research and then maybe move on to that one figure it out uh all right.

So what i'm gon na do now is i'm gon na go option hunting because we're declining right now, which is very juicy, in my opinion, a little bit of a bounce here, an end phase, though so watch this uh as usual. If i make any kind of trade uh we're gon na go to the course member live stream. Now, if we make any kind of trade i'll send alerts, but i'm going to be looking at options and shares, especially since some things are even more of a discount. Now than what we had yesterday so kind of curious to see where the spy goes, but we're gon na watch this pretty closely here see it's trying it's trying to go green there in a minute, but it's really struggling anyway, we'll watch it there.

We go all right, so keep an eye on this check out. The programs linked down below folks make sure to get your life insurance in as little as five minutes. By going to mckevin.com life, get your free stock worth up to 70 dollars by going to mckevin.com public and folks, we'll see you next video thanks for being here with market open with me.