Good morning, ladies and gentlemen, boys and girls - everybody good morning good morning, so we are live here on youtube 8 a.m. This is a little bit earlier than probably most of you guys are used to that's okay, so today we're going to be streaming uh for a couple hours, we're not going to be hopping off around 9am, we're probably going to continue 2 to 10 30 11 o'clock. For the day, so we'll get to be on here a little bit longer, probably going to have to repeat that considering there's not too many people on here, but that's all right, no worries so first thing we'll do since we got quite a bit of time on Our hands this morning until market open is we'll first start with just sort of some of the. I guess you could argue some of the penny stocks that have been jumping around today, some things that have seen momentum that way if they do continue to see momentum we've touched on here earlier, so give me one second, i guess i could put that over there.

It works perfect. Okay, good morning mr murray, patrick murray, murray, nicholas hi guys how you doing um. So let me get up here all right cool. Let me actually connect these charts really quickly to red, perfect, okay, so here's one stock - oh that's gon na - have to get turned down.

That's rough uh, all right! So today we saw this is one thing that kind of moved around a little bit was lizi. So just want to touch on this one. I i don't really care for it right now. Specifically, i mean it's down sure it could bounce a little bit, but it did hit some resistance and it would have a lot of work to do before it turns into like a big breakout.

But this is one stock that started to see a little bit of momentum. Ideally, it's just kind of sold off spiked hit negative one deviation spike back up, so arguably could have a little bit of room to run, but so far market's not really respecting it. All that much does have a little bit of news. Aside from that, we had the stockx ela moving today this morning it's still kind of moving up um, so anyways.

Let me let me do one more thing too. Before i keep going further. Sorry - and you know i'm sorry - the camera doesn't look good. I got ta really fix my uh other camera so that i don't use this webcam anymore, but yeah i'm gon na i'm getting my drawing tools right now, so we can add those to the screen.

I don't need that share to screen one okay, perfect, okay, so um. We had like this breakout kind of like flag cup and handle pattern on xcla. Just like two days ago it broke out. Then it pulled back.

Yesterday we bounced back up double top. Today. We well yesterday, in till this morning we broke down, you can see, we ran to this yellow orange line and then real quickly is the screen zoomed in enough to the point where you guys can really see everything that i'm pointing at. Can you guys let me know before i continue, because sometimes i look at it from a zoomed out and it looks good to me, but it doesn't always look good for people viewing on youtube.

So if you could, let me know you know if you guys can see this detail good enough. Okay, cool uh, all right, so we had this like little bull flag, pennant that broke out. Okay, i'm just gon na draw it really quickly. But before i do that, i will mention that i think we're gon na go to this green line so that green line on my chart.

I think that's where we're going on this move, or at least that's where it's attempting to get to right now and or it could just be the gap fill. So this is kind of like the price target in the move. For me, right now kind of like the max so x, ela the max target up for right now that i could kind of justify it going to would probably be this red line now the gap in the market is to here. If i zoom in a little bit more, this is a custom coded script that we have, but you can see these two little kind of like faint gray lines.

Those are on the chart to tell you exactly where the gap is in the market. That has not yet been filled, so anytime a gap is presented in the market, those little gray lines. You see, they're going to be presented on my chart and it's um. Ideally it's just showing a gap in the market that has yet to be filled.

So i do feel as if xcla is trying to fill this gap and maybe push just over the gap fill to the plus two deviation mark here. So, if you're long xcla from today, whether it's a day trade - maybe it's a swing trade from yesterday - maybe you've been holding from the previous day, so be it whatever it might be. This morning, i believe our current long move is trying to uh get to prices of like here. So that's kind of like the long zone max target for me today, right now on x, ela, we'll just mark that as red really quickly.

Okay, all right, i think there was one more, but it wasn't all that great of a move. Oh, it was m-r-i-n, it was a little move and it could be okay, so it already sold all the way back down. Okay, so no big deal. So we don't really we're not even going to worry about that one all right, so those are kind of kind of the first penny stocks that i want to talk about today, just because they've kind of seen some momentum at least that way the eyes would be There, if need be, yes, we are on early.

So i am just uh yeah, just just doing um just going live to youtube today. Excuse me um and then what else do we have here? Uh dkng, i will take a look at i'm gon na kind of write these down here myself, so that i don't have to go back through the chat and hopefully i don't forget um - maybe an rcon uh, yeah, so cool. I don't know if i called the numbers on xcla, but it was uh. Sorry, it is basically max price zone for me is uh 392 to like four bucks on that: okay uh! Yes, just mind-o-matic to your answer, question probably going to be until about 11.

Maybe past 11 might be heading off just before 11.. I also got um a dog trainer coming over today around 12. So obviously i won't be on during that time period, but we're at least going to be here for a solid two, three hours or so uh. No vanessa - this is just for today um, but i guess this would be a good time to let everybody know so uh the beginning at least plan for now.

I don't think that it's gon na change at this point, but um september 1st i am going to actually it's, i kind of nervous not going to lie, because this is like the biggest business change or sort of change that would be happening to my daily lifestyle. That's happened, i don't know four years or so, but it's and i'm hoping it's for the greater good for myself, for you guys, but just in general, for my lifestyle so do have a big change coming. I hope it works for the best we'll see, but i am actually going to be ending our premium chat room service that we have been providing for many years now, i'm actually going to end that service. So it's no longer going to be a portion of the boiler, any boiler room trading, product um, so we're going to be ending premium chat, room service and i'm actually just going to move over to youtube um.

So everybody who is in premium they're not going to be charged any more money if there's refunds. So this is like, if you're already a premium member um and you've, like i'm just going way far that i have to but just know for now september, 1st i'm going to be switching over to youtube. I won't be working off a zoom and doing our premium chat room anymore, so that that way i can spend some more time on here with you guys and also. I know that just over the past, however many years that i've been online, i just see this shift to a lot of online basis learning.

So i think in the long term, it could actually benefit me more by being on just like a youtube social media platform. As opposed to being away from a social media platform for a couple hours a day, so it's a big business change that i'm gon na make um it would it instantly will dramatically cut my income down significantly too so, like don't think, i'm moving to youtube because I'm making more money or anything like that. I will actually be cutting um, a very significant portion of my income out of my lifestyle too, by doing it, which obviously i'm completely okay with, because i don't know long term um - i just i don't know. I just really like being on youtube um.

I love the idea of teaching and you know it's not entirely about money. For me, too, though, i will say long term on youtube could actually, i think, even generate more money, but i know in the short term it cuts out significant portions of my income, but that's okay, because i like it here, i like being on youtube. I don't necessarily have to charge people money for everything that i do and work with. So i'm, okay with it, but just know that it's a big change that i'm taking out of my life that i don't know exactly how it's gon na play out.

Uh in the long run, but i think it's for the better but we're gon na give it a go um and if you guys have any more questions about that, you can direct message me, but just know that i'm still gon na be running my company, we're Still gon na be very active, but we're just taking a portion of services that we do offer taking it away and then we're just kind of we're just like really just moving things around like nothing's, really getting taken away, we're just moving things around a little differently. Okay, um also, i guess it's a good thing elites trading program is going to stay. I guess another portion of why i'm taking down the premium is because i've noticed that i really do have a lot on my plate and it's hard for me to get a lot of things done. So i haven't been as active on youtube, so i'm kind of failing there a little bit and other portions of the business are kind of falling through the cracks because after the day goes on, i just don't have enough energy and attention to kind of do everything.

I need so i do think this is going to free up a little bit of time, make things a little less stressful on me, so that i can focus on making sure the business is running good and efficiently in some areas. But elites trading program is going to stay. Dave is going to stay, i'm going to be there, i'm pretty much just going to take the time that i was normally on. Premium service live and going to be putting a lot of that on the youtube, and then i might be offline one of the days so that that way i can focus that attention onto like getting through other youtube videos and other content pieces for our website that I've really been slacking on so you know: that's that's really the main reason for it, but elites is uh.

Staying something we're considering of doing is taking any of the user uh the day trade we're going to keep the chat room, discord, chat, room is going to stay, but anybody who's currently enrolled in premium. That might still have time left on their service. We're just going to either give them a refund that money can be credited towards the day trading course and then anybody who's in the day trading course or gets it afterwards. Then we're going to have like a separate chat room from there.

It won't be a live one, but at least be another kind of hangout spot for you. So we're thinking about how we're gon na manage all and change it, but i think it's good for the long run so anyways. That being said, uh enough of that, i don't wan na keep talking about my business and all this other stuff, but um, so that i could do a youtube chat, room service. I've thought about it um, but again, if i do do that, it's basically just redoing.

What i'm already was doing, which was already having a chat room service. So i could. But then that's going to have to take an additional chunk out of my day in time to give special attention to those users, which then adds that additional stress level and it takes away from time to take so it's kind of like it would be me going Back to the same thing, but i haven't quite made a decision on that. Yet so we'll see alrighty um, let's look at the discord.

Invite is in the description of this video. So, let's take a look at amc really quickly, oh and by the way before we go to amc um i mean you can see where xela has gotten to it. Pretty much got to the start of that red box and started to sell down. We didn't quite get to the high of it doesn't mean that we won't, but just know, you're starting to see that selling pressure as we've neared, something else that you'll want to pay attention to on xcla on the way up is you will notice? There is sort of a slight bearish divergence.

It's been occurring on that long move up. You can see since the start of the move this morning. This was the first move of the morning that had the most momentum and every long move since then has actually gone up with less momentum, signaling a bearish divergence, therefore, as you're nearing resistance. This is a good area where you could probably see to start to taper off and roll over alrighty um.

So now what i want to do is we're going to take a look over at amc, so for those of you that are new to the channel just tuning on thanks for joining in uh yesterday, our analysis on am there was two of them: we're not going To just go we're not going to go over everything we talked about yesterday, but ideally the recommendation for yesterday on amc, and actually i messed up yesterday, because i missed a level. I thought we hadn't touched support um, but i missed one level and actually pre-market. We were kind of on a support, and that was one that i miss and i didn't notice it until market open after we squeeze and i'm like really i'm like. Oh, i guess there is a support there.

It was on the daily chart and i just must have looked over it and forgot to mention it my bad, but the analysis was it was either a dip by here and then i said if somehow amc doesn't go down to the support and magically bounces here Then you look for a move all the way up to that red box or these two red line areas. So if i had noticed the daily chart deviation here, then i would have said: okay we're on support you're, going to look for a support hold first here for a move to there and if that fails, then you look for the reversal bounce, but i didn't know That level was there at the time. So yesterday again, the analysis on amc was to see the market all the way back up to this red zone. So you can see the morning starts.

We run up to the red, don't quite get there, but then we sell off. We bounce back to it, go down later. In the day we run to it's slightly over, then we sell back down and now we're back below that resistance this morning. So now that everything's kind of changed a little bit we're going to redo our drawings here and give you guys a new kind of updated scenario.

So, with amc now you're going to look at the daily chart, there is, and this these will change slightly at the open. So these are going to be as good as you can get uh. Oh well, no i'll be here at the open anyways! That's i guess. That's kind of interesting all right uh, so for now uh the simplest way i can put it is, if you want to see amc going higher right.

So obviously, if you look at this chart, you're like oh, if amc is going higher, it's going to break above, like these previous candle highs. True, it's got to break above those previous candle highs right now for the stock to go higher, specifically what the market needs to do is it actually has to reclaim its daily chart and its four-hour chart regression level or its mean, which is now currently priced at Right here, so this is the current um. Excuse me, this is the current selling zone or well we're gon na say selling zone specifically, but that's the current resistance zone in the market. So you can see.

Amc like yesterday got into that red zone and it kind of stopped we've pulled back down under so in order to see amc higher day. Of course, you have to break resistance. You have to break out more. So, in order to do that, you have to actually get up and through this red zone, which is act which is priced at about 38, 20 to 38.70 or so all right.

So that's the zone right there that has to get through to continue seeing a long bias move on the stock amc. Now let me try to find a price target if it actually does that now i don't have any price targets that are very nearby but i'll give you the ones that are sort of far away. Now i i have at times not given the uh greater price target, because i don't think they're gon na happen and then they do happen. I'm like well, i should have said that so in the event, amc does actually have some sort of spectacular move today or, let's just say, maybe in the next couple days on the long side, let's say moon gang amc, this whole thing is still alive and it Doesn't die, then your next price target on the way up is going to be back up to 46 dollars and to 47.89.

So again, like i said: if this has a true legitimate bomb reversal, then we would probably go back up to 46 27 to 47 36.. Again, the only way that can actually happen is by amc getting back up and through these two levels here. So this is the current intermediate resistance. All right, that's what you want to get through for continued long bias, movement, all right, um and that's really all we'll.

Probably mention on amc for right now, um, probably about it. How do you get the bottom line, i'm not sure which line you're referring to theo? So maybe if you just if you could be slightly more specific i'll help you out, but i mean there's a lot of lines on the chart, so i just i'm not sure which one we're referring to. It will probably push it down more today, but it doesn't matter it's going to the moon. Okay, let's take a look at oh my page changed.

I want to take a look at a couple of the ones you guys mentioned a little bit ago, which were dkng and rcon was one of them uh, so we'll take a quick peek at that so dkng. I already looked at this morning. It's trading just off a half deviation on the bottom, so you let me zoom in. We don't really need the other screen for right.

Now we're going to take that down all right, so um. I think the last time we looked at dkng - i don't remember exactly, but we recommended this being a dip by level and then we recommended this being kind of the selling target which at the time i think we got there. It looks a little different now, but um anyways, so you can see we bounced up hit resistance rolled over bounce, went to hold support here, little mini bounce rolled over down so um. Obviously the move isn't super bullish right now.

Obviously, it's not moving like that, but you did come down to this half deviation price, which is at 44.96, and that one there, which is here so again that would be the long zone to start so like yesterday, as the market on dkng was coming down. Um you this would have been sort of your long zone right, so you can see we got to it to the start. Look at even yesterday. We started at the bottom of it right at the bottom of that green bounce break out.

We come right back down to it: trade under it top candle there. This might be tricky to see because it's green and red, so it's odd but top there. Then we came down to the bottom. Let me draw that in red.

You might be able to see that better. I don't know we'll see, maybe i'll make it big too, but anyways down up over try to hold down under hit resistance back down bounce bounce, break the green everyone's. Oh nah, nope, it's really just going on sale. Everyone buys it back up on sale, oversold stock below the green, creates a bull flag, bull flag breaks back up to green back, all the way to the top of the green box.

Now the market this morning has gapped up and over the green box. Okay. So this was an accumulation zone, so let's just write that we'll write a q, so a lot of accumulation was taking place yesterday in this and they're trying to get this market to move a little higher is what it appears so um, i would say there is Opportunity for a slight long here, um only because you're off the half deviation price. Now, i'm always a little bit iffy about taking big positions around half deviations.

It's just they just they're a little tricky they're harder to understand. They don't always work as well as solid levels so like when dk and g sold down to here it was selling off. It was sold down to the green line, so this bounce was off a solid right. This bounce is off a dotted, so always remember that a dotted line is not as strong as the solid line so you're on a slight bounce level.

I just i'm not positive myself how well it's going to work, i'm generally one that likes to be taking positions. Hopefully, off the more solid deviation levels, or i just kind of tend that they they tend to work a little better. I have tos what are those lines called across the charts, so those lines on the chart are standard deviation. So if you go to your uh, if you go to um the studies uh, you know studies section on think or swim and type in standard and dev.

It's standard, dev, channel, um you'll, just add that you'll have to add it a couple times. I do have a video on that kelly parker. How do you stay nice when people are jackasses sometimes like yesterday about the meme stocks? Don't work um, so uh personality - maybe i am a very it is very hard to get me like ticked off is just it takes a lot of it would take you a lot of work to really like push my buttons to the point where you'd actually see Me like break down an emotion and you'd anger me it just it's just really in that sense. In that sense, like it, like you know, like my brother, my no one can really you just can't piss me off, and then you don't want to actually see me when i'm pissed off that's what i'll get pissed off, but um the stock trading world is a Really cutthroat place, i don't know if you've noticed um, all you really have to do is go through facebook and just look at like you know a couple of the hundred posts in a facebook group to realize that it's just a super dickish egotistical cut-throat place that I myself have been guilty of more than once, but i try to catch myself when i notice my dickishness and ego side of me coming on, and that's really probably based around the idea that everything in the market has to do with generally it's either.

I mean an individual investor company, a group of people making decisions, but doesn't matter it's just it's just a bunch of people that are making decisions that are all based about based around being right or wrong right. There's no there's no really like midway point like oh, like nice work today, tommy you did a great job. I know it's your first first week on the job um, you cut the boxes down correctly, but you didn't quite package them up right. That's! Okay! We'll take care of that tomorrow, we'll get you up to speed right.

That would be like a normal work life. You know condition if your boss is cool. If not he's he's an ass, but in the trading world it's either right or wrong. There is no gray area right, it's you're right or you're wrong.

So you got a lot of people that put a lot of effort into doing research and analysis, whether that be me or some guy on facebook, or just some new investor willing to share what he thinks he has gained from the market with other people and there's Always going to be some other around the corner to say he's a complete idiot that doesn't know what he's talking about, and that is basically what you run into in a daily basis when it comes to the stock market. So it's a very cutthroat, egotistical and dickish environment, and i just don't. I would like to maybe try to be slightly of the opposite at times, but i'm guilty of it. It happens um, but that's it.

It's just an environment where everyone is either right or wrong and someone's losing when you're winning so there's just a lot of stepping on toes is the way i see it. So you know someone that comes into the chat and is like technical analysis doesn't work on amc. I mean they're, not wrong. Technical analysis doesn't always work, obviously um, but at the end of the day i mean like stocks, don't just go up and down for zero reason right.

There is some rhyme and there is excuse me some reason to it. So you know that being said, that that's my kind of my take on that, i guess i sold half my amc input into moderna 22k. I hope it was right move. I think amc will go to 20s before squeeze and hedge funds will finally cover.

Okay, those lines are standald dvd chin ben okay. Thank you, yeah. Like that's another thing like chris chris here said he ended up taking off the half deviations off his chart. Since i didn't find uh use uh so much use in using them okay, i can't disagree with that um.

What do i think about baba all right? Let's take a look, oh so yeah, that's my thoughts on it. Dkng look like anything. New has really changed on the scanner here this morning. Okay, so we'll take a look at baba um.

I can't remember exactly what i said the last time, but i'm gon na just i just know, based on the way my charts look, that if there's a red line somewhere, it's because i put it there, why aren't you changing colors, that's just dumb there we go So i probably said that this should be your selling target on that i well. I do remember that at the time i'm like you were down here, you got to go to here and then you got to break here and then we're going to probably try to push up somewhere there. Oh it doesn't matter anyways. This red line should be like resistance for uh baba, it's probably slightly off, but watch what happens when i change the time frame so watch this check my little cursor bazaam ready.

You see that watch what happens when i change and then oh yeah, you see that and then you see this line, bazaam watch what happens when i change the time frame to uh one year. One day you can see it's like. I said it's slightly off because things change from yesterday to today, but you'll see exactly where that white line's at so like. I think it was yesterday or the day before i had overlapped this red line with that white trend line.

So yesterday, or maybe two days ago, this white line was up here and then the market sold down and then the next day we came up and kind of sold down, so the trend went down a little bit so nonetheless, basically what this means is, it appears Baba is trying to pull back off that level um. Let me just double check to make sure i have it correct. Why do i have that there? I don't remember putting that there. It doesn't even make any sense.

Ah, i just put that there and i forgot delete that one that makes sense okay. So what you're looking for on baba to be long bias? Is you want it to stay over that red line? You can see this morning? It's tagged it. Yesterday we came down to it, we dipped slightly below it. Then we got bought up.

Then we came back below it and went up and back over and then back to it back up and down. So we're not trading very specifically on that, but i know that it's it's an over underplay of this line, so i would have to say i am probably a slightly more bearish i feel like. Let me see so we popped up to it. Then we sold down gapped up above it sold back down to it today, we're kind of holding over it with a slight flag with a lower wick yeah.

That does seem a little scary, so yeah i got ta say you got ta, be careful. I think you could see some selling pressure on baba that brings the market back down below this 214 area. Okay and part of the reason. Why is just simply because um i mean that's just it: it's a downtrending market.

We j we're on like we're on a down move, we're counter trend, bouncing back to resistance. It just kind of seems right that we'd have a little selling the dash trend lines in between the solid levels, mr monster, those are and guys. If you've asked questions - and i haven't gotten to them - i apologize i'm really just going down the list and trying to pick out things. I think are pretty relevant that that you know are worth mentioning, and so i just i i might go slow, but it's because i'm trying to give it like a legitimately good look at the comments and not just blow past them yeah.

So uh happy actually said something about snw. I'm gon na make this really quick here. So sunw you can see, remember how he said it's going back down to that yellow trend line. Ideally what we're following here on sunw.

I still have a very small position. This again, i sold most of my stuff on that top and i think we traded it here. So there's two trades here there and i bought into here sold most on that and then i've been waiting to see if we're actually going to support our trend or if we're going to start getting weakness and breaking below. So i'm kind of still waiting to see because i'm basically at the cut or the hole then we're about to actually bounce up granted.

It does look pretty bad most of the markets, kind of trading pretty bad too, but so not liking the feel of it. But we're not we're not crushed yet. I guess you could say on that uh monster. The dashed levels in between the trend lines are half deviation prices.

So it's just a halfway marker between the solid lines, gme uh, annie yeah. We can take a look at gamestop. I usually just always end up saying um pretty much. Whatever amc does at this point, it seems like gamestop does, which is still holding true.

You will see yesterday or gamestop had a green day. Amc had a green day, you know uh, but but it definitely lag. It lags amc because you can just tell look at the up move right, then the sell-off and then the bounce was to here and then down and then up right. If you go look at amc, if we look at amc here, um you can, you can instantly see which one's more powerful and or which is one is stronger right.

You can see amc when it topped and it went down it bounced all the way back to the previous high right as opposed to gamestop gamestop went up, dropped, bounced back up to like there and then down so it had a lower high right and then, if You look at here. Amc goes all the way through the previous high. By quite a bit. I think gamestop did but not nearly as aggressive.

So you can already see there's more attraction and more momentum and movement so to speak, uh in game or an amc uh. As opposed to gamestop right now, so you kind of know which is which is trading with which you can see that the sympathy is following uh amc right now with gamestop, so ideally you'd be following gamestop or sorry. Amc and amc does appear, like i said, to be kind of on resistance. You got to watch to see if it's going to break those levels, um you'll notice the game, stop.

Where did it bounce gamestop bounce right down here off? The one deviation mark um yesterday, like perfectly all right. If we go look at not perfectly but very very and yesterday it could have been more perfect today it might look a little different, but yesterday the level was about there you can see we dropped below. It came back to it bounced so for gamestop you're, just following amc, i'm just going to say that just you're, just simply following amc, if amc has a great day and really starts to trade, bullish and you're, probably going to see something very similar from gamestop. So yeah, like i said chris, i don't know if you are right now or yeah, so we're just plant we're, probably we're going to go until like september.

That way, it gives us like a lot of time, just to kind of get things organized and ready for such a big shift, um so yeah we might. My things might be a little off the next like month or so, but uh no big deal um chris. For me i mean the meme stocks of i mean you always get thrown a curveball. I mean i never know everything but um, but for the most part it seems like the meme stocks have followed pretty closely to our um siri.

Our analysis - excuse me, sorry, guys just posting something here in our chat room, real quick. I love my beautiful face on that thumbnail. I got ta say my thumbnail picture is just killing it. You know i got ta say i don't think we should.

I think you know what i could start a new trend. I could start a new trend instead of doing instead of having a thumbnail that has any words or anything and any description of what it is. It will just be me with a blown up picture of my face and everyone will be different. Maybe a cute smile might be one with little grangley teeth, but we'll just do a collage of my face.

I think we'll be attractive, probably get a sponsorship from calvin klein sooner or later. I think so wall street bets talking up, wish hmm we'll take a peek at that. Let me write that one down, so i don't forget and the gentleman that asked about the stock rcon. I really haven't forgot about you.

I will take a peek at that one right now. If you're still on, i don't know if you are so it's very possible that i'll do this analysis for no reason but hey what else do i have to do with my time today, rco uh, so our ceiling got smacked down uh. I don't really like it. Uh there is no divergence on the rsi nope, no divergence on rsi what about the four hour, the four hours starting divergence, so that could be an early signal of a reversal.

Um yeah. I don't really like this, but i guess, if i had to give you analysis, the immediate would be like hey. Is it stop? Look for the stock to stay above i mean, which is a no-brainer right like obviously, if the stock is going below this low, it's not good, but your current trending support right now. Half deviation wise is around three eight twenty three dollars and twenty eight cents.

So i would use this trend line as a guide to suggest the direction of the move for right now unless it breaks that trend. So as long as we're above this trend, that's the way you should respect the market unless we break below it and then i would sell your house and you know, reconsider, having a kid if you haven't had one already, no just kidding just no, not don't don't You don't have to go that far: okay, small caps bleeding, while large caps are shiving uh. The russell 2000 has actually been down. We have kind of topped here and rolling downwards, so yeah.

Theoretically, the russell 2000 is getting a little bit ugly and there's a there. Was a pretty big divergence there too on the russell you can see that that's a this is the weekly chart. A weekly chart had a mega divergence as we were trying to continue going up there. Sorta um, the small caps just by the base on the russell 2000, obviously are decreasing all right, taking a look at rcon now rc, ladies and gentlemen, what do we have here? Hmm, oh wait.

We just did rc1. Oh that's right. I forgot sorry, never mind. We know how to do that.

Oh yeah! This is a really great idea. So i don't know if any of you guys know this, but you probably should have, but everybody always asks what happened to the scanners on youtube. Where are they connor? What happened? We need the scanners um. Well, the scanners are online on youtube same as they were before we just put them on a new channel.

I just created a random little channel called trading clips and we just pretty much run live scanners there every single day, so you have been zynga scanners. These are price spike scanners uh on ben. Let me just go full screen here so um, so these are run every day on youtube, they're just to trading clips. That's our separate youtube channel.

So this down here is a price spike scanner. This is going to show you everything, that's spiking, pre-markets biking during the day for the most part, and then it will provide you any stocks that are currently halted. Everything over here on this side is all the most kind of frequent news in the market coming through from benzinga on any stock. Everything in here on your upper left is going to be a high a day.

Scanner generally going to show you things that are breaking upwards, sometimes it'll send you alerts for that, doesn't even make sense. You're like what the f but okay, so anyways everything on the top left. There is going to show you stocks that are breaking up and, on the day, with strong momentum. For the most part, everything here is volume leader, so this is going to give you a list of the stock stream with the highest volume um.

Everything here is going to be a biggest gainer's list. Everything here is going to be a biggest losers list. Everything here is going to be stocks that are gapping down in the day, so largest stocks gapping down, and then here is going to be largest stocks. Gapping up between one two, three, four five, six, seven, eight, oh and then here is stocks that once the market opens generally are trying to reverse on a five minute chart.

So all the scanners that you currently see on the screen, generally speaking, are good enough to alert you or find you a stock moving on the day and or will pretty much find you any popular stock. That's moved on the day. If you view these scanners religiously, throughout every single day, you will most likely know about every stock that moved in the market for the day, so that the next day you could come into the market and be like oh yeah, that stock was hot yesterday. That stock was hot yesterday.

That stock was hot yesterday. That stock was hot yesterday um, so everything here should give you pretty much find you anything you could possibly want in regards to, like momentum gap up spiking up halted, relevant news biggest volume. Generally speaking, it's a pretty good channel for it. So anyways that is trading clips.

You can go there, you can subscribe. You don't have to subscribe. You can like it, you don't have to like it, but that, ladies and gentlemen, is where the scanners are on youtube. Right now and then make sure you hit the notification bell and subscribe to the channel, or else you probably won't get alerted when they come online.

Oh wait! I need that. I need that where'd that go okay, awesome! Sorry about that might take a little bit of time looking to go long and root. Let's take a look. Root is coming right off.

If it's mean it's a downtrending stock, i think you're just going to be buying into a counter trend. Bounce! That's going to end up getting sold into, but you're not wrong for considering there might be a slight bounce here, considering it's on the mean, but again it's a downturning stock. I don't really think it's a great thing to be buying into myself, because it's down trending it does actually kind of have a bullish divergence. So i will say i am optimistic that there's still a slight long move for this, but again it's a downtrending stock.

So take it, for you know what it's worth, who wkhs? Okay, so like yeah kelly s, you and w getting crushed now i don't really mean like getting crushed. That's just i'm just saying that if it doesn't actually, if it can't hold, the one deviation mean that we talked about. Then it's it's going to take longer to recover or it's going to go down or it's going to trade sideways. So, in my mind, i'm just in most of us we're attracted to instant gratification.

So whenever i'm doing analysis or whatever i'm thinking of trading, my mind instantly goes to instant gratification, which necessarily isn't good. But when i think of an analysis, the first approach i go to is thinking. What is the quickest possible profit potential within this time frame and if that doesn't actually work, then what sort of market are we going to get and if we're not going to get quick volatility, then we're most likely going to have slower volatility or a slower market. So what i mean is, if su w doesn't immediately bounce off this negative one deviation price.

Then it's probably going to take longer to bounce, and if it takes longer to bounce, then you have to wait longer for a recovery and a recovery could come in the form of a slow grind up. It could come in the form of a slow sideways consolidation and a chop for multiple months, et cetera, et cetera, so that's kind of where my mind's at when i was thinking about su w. So yesterday, wkhs had a good balance good long day. I'm pretty sure.

Oh that's rude still, but we're going to take a look at wkhs really quickly. Okay, um yeah, so wkhs you can see yesterday was on a half deviation, so it ended up bouncing off a half deviation a little bit. You know pretty much selling back down in the day. I can't say i'm really a big fan of this i mean yeah.

Maybe a move back down to 11 20 for right now is what i would see on that. But i don't i don't really yeah. There's nothing there. That really makes me want to trade wkhs.

For the time being, it's been a sort of a challenging market. Recently too bngo so bmgo, i think, might be almost no. It's not well kind of um. You know we kind of just been mentioning this.

Like bngo bounce back here like if this bounce fails, we're probably going to roll back down to the one deviation, we kind of did but didn't get there. So still just kind of waiting on b and jody either bounce or come down to the one deviation. And then bounce, so if we bounce before fantastic, if we don't i'm assuming, we still go down to one day of deviation and the market's going to try to bounce um. I would be slightly concerned if we don't start bouncing here, and it starts being like this right.

Then it's like okay, i probably don't need to hold on to that nft that face all right, we'll take a quick peek at mrna and microsoft. Sure why not um mrna all-time high wow, so that happened yesterday after hours. Zinc. Are we on resistance, though? Would you look at that? Won't y'all walk our line.

Okay! Look at that! Look at that! Okay! So, like watch this, let me delete this okay. This should be for the 340 of you guys watching you have to tickle the like button, or else we cannot show you what we were just about to talk about. So if we don't, if we don't get over a hundred and seven tickles right now - and you can't see what i was just gon na say nope we got to 133 tickles, okay, fine, we can go, do it, let's do it all right. So if we look at this line so yesterday, i'm not going to say i'm a genius, but i will say this if i had been asked.

You know at some point yesterday, like whatever like: where do you think mrna could go to i'm like you know what you should probably be looking for an atmos, i probably would have said at most target of 262.33. The reason i would say that is because, as the markets move into this level, not just on mrna but pretty much all stocks, and not only this level, there's other ones they like to pull back or see like a hesitation. Okay, it's only when you get through that level, where you see the next bigger move. Okay, so this should.

This should be. The perfect example for anybody that is potentially doubting standard deviation legitimacy. When we look at the one minute chart watch what happens as the price exceeds that red line and remember we get this red line by just putting it over top of this trend line and the only reason we're putting this red line. Over top of this trend line is because we're viewing mrna on a one-year chart when we go to a one-year chart, this trend line will no longer be calculated the same, and it's going to give us something completely different.

So, in order to know exactly where this trend line comes into play, when we switch to a one minute time frame, we have to make a reference point. The reference point is the red line. So now, when we go back to the one minute chart to see where that's all at look at where mrna breaks out yesterday, look at where the gap look at this, the thing gapped look at where the gap is zooming down. Give me second how tight we get that look at where the market gapped on that breakout the market gapped yesterday and it could have been news related.

I don't even know our market gapped right through one dev boom drop the mic, but i don't want to do that. It's expensive, okay, but look at that. I mean it's not so that that right there should pretty much just prove legitimacy to it. For for anybody watching this morning, we'll have to do that again tomorrow and probably for the next gentleman that tells me that meme stocks don't follow ta, so anyways, so mrna breaks up over one deviation.

Yesterday, that's pretty spectacular! It's probably on some sort of news. I don't really know, though modernism moderna joins s, p, 500. Okay, that makes sense. I gotcha so moderna joins the s.

P 500. Spikes um, i would say your next bigger resistance mark for mrna - is up at uh 298.. I don't really care to be short biases, given how strong it looks in the news to join the s p 500, but in the immediate all right, let's go back to the one minute chart all right. So, let's let's go like this: let's go: hmm where's! The pre-market support does anybody know where pre-market support is.

If we look at, if we're looking at mrna, where would you say the pre-market supports at i mean if we look at where, let's zoom in a little bit, you know if we're looking at mrna and it kind of dipped on air and dipped down and dipped There we got some salsa, we got some chip and we got some dip and we're ready to rip. We probably say the support somewhere in here right, i'm just guessing. I don't i mean it. I can see it's somewhere around there, but that's my guess.

So if i were to look at again, if i'm looking at the price action going, where's support, i would be like well - maybe supports on this low. It could be kind of like this shift point right here, so that's i'm assuming that support all right. Well, let's go back and we'll look at the four hour chart here all right, so we go back and look at the four hour chart, let's zoom in zoom, in zoom, in zoom in and zoom in, and then we pulleth up with. We change this to this, and then we zoom it in if again it and then you see it, there is lineth right there.

If hmm, i wonder why the pre-market support is stopping where it's stopping, because you have a half deviation right, go back to the one minute chart. Ah, i forgot which one i put on hold on well maybes. We deleted both of them and then just redo. I think it was a top one though, so let me just go back real, quick, yep, okay, so the bottom one is the support that one's the support this level right here, ladies and gentlemen, is your one nope sorry, it is your 180-day for our point, five Dev kind of it's not necessarily 0.5, i think it's 2.5 or is it 1.5? No, that's 1.5.

Dev mark bam, so that, ladies and gentlemen, is how you come up with your pre-market support today on mrna. So with that being said, ideally, you need the markets to stay above this level or else as they come down. You'll probably see a little snap and a little sell-off there. That's would be my representation so for the markets to keep charging to the upside on mrna.

In the immediate, so if this thing is going to move immediately to the upside, then the bulls should be supporting that level. If they can't then down, then maybe this and then then, and whatever, okay. Okay, that's that on to the next, oh, which would be microsoft. All right, we'll do microsoft really quickly and then i'm to take a second to kind of go to the bottom of the chat, see what people have been asking and then because i'm going really slow trying to do all these in-depth s, analysis, uh, microsoft, uh, slight Divergence to the bear side on rsi, which happened from this point to that point, hence the pullback uh.

Let me take a look at the market market, bounce back up, ish and then down ish, okay, um yeah. I got ta start being more on the selling side of microsoft myself and when i say the selling side, not, i still think it can go a little higher. I just want to be as an aggressive buyer and if i can just explain right down up down up down up down thumbs up, that's it that's tom viewing microsoft alrighty! So, yes, i did just go down a little bit. Whoa whoa! There's a lot of questions.

There's a lot of questions here, folks, i'm not that quick, okay, we're gon na go back to amc! Folks, everybody strap on strap on your strap odds if you're into that sort of thing and get ready to ride champs because it's going to be a bumpy one. If you know what i mean yeah anyway, so when we look at amc, it would appear that amc is kind of doing what we mentioned today this morning, which was that if the market's going to go higher, we need to see amc well, it would have to Get bought up and it would have to reclaim these prices, so this is the current resistance zone of the market. So what that means is, is that's your selling target in order to sell you have to get there right. So that's pretty much it um.

Let's go! Look at the one-minute chart - and here we have this - is your current resistance on amc, 38.24 cents to 39.80, and that will change, because these are these are support and resistance levels from excuse me. These are some of these are support and resistance levels. Let me rephrase let me rephrase the daily chart level, so this one excuse me - and i got like the hiccups, so this level here this one will change. Why is that level going to change? Because this level stops calculating at the close of the trading day? All right, because once the close happens right, then the daily chart does not update until the following open.

If you look at a four hour chart, the four hour chart includes after hours trading sessions right. So if we look at a four hour time frame, we'll have to go through the close and whatever happens during pre-market after hours, etc, etc. That's why this line will probably not change, because everything that happened from yesterday into this morning, this current minute five minutes ago, has been calculated and updated as the market moves and that white trend line. But when we go to the daily chart the daily chart, you do not see any of the after hours and or the pre-market trading session yet because it won't show: what's happened till market open, so once market open happens, you will see.

Well, maybe you won't well. Actually, you will because i'll be on, you know, keep forgetting, but this white line or sorry this dotted line will probably change a little bit. Sometimes they don't that's all depending on if the price doesn't change too much overnight, but if it changes a little bit, then sometimes it'll change a little bit but anyways. This price will most likely change at open because there has been upward trading since uh.

The close of yesterday and there's been some downward trading since the close of yesterday, so that price will probably move a little bit. So therefore, this current resistance zone that i'm giving you could be off by 5 cents, 10 cents, maybe 15 cents or something but we'll see - i don't know for sure. But right now the market on amc is trying to get back to these prices and or this zone and get through it to keep going long. So if the uh - let's see yeah, i wouldn't say if the uh, if the balls, if mr bully failed go to through here, then up here, you will meet mr bear yeah.

That's my bear. It looks like, but anyways you're gon na meet mr berry up here and he's going to try to bring you down. So you have bull, bear legitimately. Okay, that's cool! That's amc! Maybe we'll pop back to it a little bit later, but that's all we're kind of kind of watching at right now, mr semper fi, thank you.

Kid well, you're, probably not a kid! You're, probably like a grown man, you could probably be my dad but uh. Thank you appreciate that mr bear bear looks like a cat. Well guess what cats have claws too? Have you seen cat videos have you seen hold on? There is time to have fun. Okay, everything doesn't always have to be so serious.

Why so serious all right?.