All right folks, yeah eh back on, hopefully uh yeah, hopefully all good, just ridiculous. All right! Sorry about that. Folks again, i hate uh hate that i had to get uh kicked off there randomly just you know. All right cool looks like we're online, and things are functioning as they should once again.

Ah all right, uh lcid, moving pretty strong uh. Let me get reorganized here. Excuse me all right so lcid on the move. You should be looking for lcid stock to maybe reach a high of 27.37, either today or maybe the next couple days, but it would be my assumption that you will end up seeing resistance on lcid somewhere around the 2730 mark, or that would be a good resistance.

Mark to suggest being bearish off of hmm b r c, a very nice nice jump markets are still kind of rolling down a little bit. Nothing too crazy, nothing too dramatic. Ah, the stock vrdn is seeing some volatility. Um yeah watch vrdn that very well could uh very well could be breaking up and out so basically you're looking for a break on vrdn through 1307 and targeting up to 13.57 yeah.

So it's only about a 50 cent move there that you'd be looking for so kind of not i mean if it went higher. Of course, it's more but yeah right now, there's only about a 50 cent potential move, um yeah we're we are back on right away and it appears that the stream quality is working. Just fine, i mean it was working. It said it was working completely fine earlier, but then it just randomly kicked us off youtube and we go from having almost 400 viewers back down to 67.

So that's really frustrating um so, but we're back on live once again as normal um scans. Yeah vrdn. Keep that one on watch momentum's pretty dece right there. You just got over the 13 mark, which theoretically is a slight resistance and the intraday we'll see if it can get up to 1357.

nnbc uh, nnvc, yeah and nvc's halton. I just now see that, but that's interesting, like number 19 for the new stream, let's go just kind of popping through a couple things here i mean, like i said it's kind of frustrating you get kicked off here on the street yeah atr uh, still looking very Good uh remember: we talked about like a 17 target there. I think um, basically saying if this really would rip it would run maybe back up to like 16s. I think you can stay long on atr for right now.

Well, you're, just now testing the previous high. A day level, so arguably a little resistance here, maybe, but this so far is still looking pretty strong. I would probably stay on more of the long side so again, like i said, closed out that uh the long position on the nasdaq overnight at market open. So that is um done.

That's a good jump. Spy so far is holding a really nice uh, a really nice dip. So far, uh sldb continuing to hit the scanners. Here this morning, yeah lcid still holding well i'm going to run this to uh two screens now so give me just a second all right.

So some things moving with obviously volatility momentum, one being lcid, so we'll just kind of keep lcid on the screen for right now we have a max target of 27.34 cents for lcid on the day and maybe over the next couple days, um the market's mainly been Going up today right from the open, it's more or less kind of been on a bounce, so our big long-term resistance for lcid is at 27.34 cents. The market's been bouncing for remainder of the morning we'll see if, in the event, the market pulls back, whether or not lcid does kind of continue showing strength on the market. All right stock atr ends up going a little bit higher there on the day. So that's very good doesn't make any sense to me.

Where is the next resistance point? Lcid? I think we already. You know we looked at that hlbz short um hlb usb was the stock we mentioned to be more bearish on going out of the gates. You can see so far it's kind of started with a downwards move. Um again, if you want to be actually let me let me you know what i'm going to pull something up, i'm going to go back to just kind of making sure i do this.

It's something i haven't been doing as often recently, because it just takes up a lot of space, but i'm going to get back to doing it, so yellow we're just going to keep one stock up on this screen in general all right. So if you look at lcid, lcid theoretically is kind of overbought. In a way you can see. If you look at the right side of the screen, the market has reached the plus three deviation level on the right screen.

So therefore, we kind of are in a short term selling zone or hesitation level, because we have a plus three resistance mark right about 25 55 um yeah. So if you're, seeing some hesitation on lcid just know, you've reached kind of a level where hesitation is known to exist, this clove a goodbye. I have not seen clove all right. So, look at that clove here uh, i i don't really see cloves gon na really net a whole lot of money.

Today, myself so yeah kind of neutral and clove myself, so you should have held those spy calls uh. Maybe i guess i don't know. I don't know what your play was yeah. I don't really expect anything crazy from clove uh.

I live in michigan midwest boy, uh, you're, probably going to get a little bit more of a pullback here on lcid. Let's see does it? Is it enough to really take you back down? To the mean it was looking kind of kind of rough there for a second, an october, 1st 4 30 call, i mean i don't think we're going to be hitting 4 30 on the market. Oh, that was probably the nasdaq or the spy. I'm like look at this family's look.

I was looking at the nasdaq, i'm like that's like i'm gon na hit that, but i got what you mean a 4 30 call october 1st yeah you'd, be i mean, theoretically in the money right now yeah i like the wolverines wolverines as opposed to spartans nnbc. Still halted, not the longest halt, i've seen but still halted. Yes, uh sldb on the move. We talked on this one just briefly earlier so um it is overbought you're, probably right around the corner from a pullback sldbs.

Actually sldb still has some room that it could. Theoretically, go on the day, overbought right now so arguably needs a pullback before suggesting higher. It looks like the spy is going to try to bounce back up, maybe to its daily chart. Half deviation, so maybe looking for the spy to get back up to 438.98 yeah.

It does kind of look like the market. Might try to keep grinding up. Market is slightly overbought here, though yeah i'm not going to make any decision on that trading action, but i do think there is a strong chance. We can see the spy tagging, maybe even 439 for the day.

At some point, the lions will never get it together. Uh yeah, it's the same time frame on the left and the right chart same exact time frame just different way of calculating it theoretic and not. Theoretically, really is there's a slightly different way of actually going about calculating it. Hmm i mean the spy is still looking strong at 437.80.

We have a level up to 438.98. Question is, does it? How does it get filled there? Does it keep moving, doesn't make any sense, um yeah, so there's the spy still creeping upwards. Like i said, i think the target on the market right now is back into 438.85. So if you're long calls right, i would you know like, for example, if you had like a 4 37 call you're in the money or if you, if you did a 438 call on the spy, and it goes up to 438.98 438 85.

You can get yourself. Maybe a a dollar in the money, 80 cents in the money. So to speak, that's what i mean like so in my head. When i look at this, i would say to myself right now.

This is the max potential profit on the day for right now that that's the max long before you'd see selling. So if you're going to be long, buys that's at most what you can get so this would be from you know, maybe 80 cents up or so yeah i see vrdn hitting the scanner. Also spir is on the scanner here, um making a move vrdn. So we had mentioned watching vrdn from basically 13 to 1350, so that move happened successfully.

Awesome. I still got some volume volatility. There keep an eye on it. Uh beard, grts, i mean, is moving.

Yes, please still be warm, not cold. Yeah i mean grts would be more of a swing long stock. Your good dip by entry was down at about six bucks, 750 area you're at the statistical mean so not the greatest entry point. Now, a little confusing can be a little choppy, but it's fair value.

You're not buying it overbought and you're not buying it oversold currently i'll, take a p, a r q q. I know i've seen arq come up a couple times a day: um yeah, it's up from 17, so overbought still mvis mbis is just kind of downwards. You might get a little bit of a long play pop on the upside, really not all that exciting. Let's see if we have any new news that we can look at here.

United states house sets tuesday debate vote on bill to fund government through december 3rd. Raises debt limit? Oh my gosh no way so you're telling me that the government needs more money and that they're going to raise the debt limit wow. I just can't wait for the day that we have a politician that discuss giving government less funding in lowering the debt ceiling and that unless we can lower the debt ceiling and decrease government funding, we will pass no bills until then they did that. That would be a really good thing, but this is just typical bad government moving forward, love it so there we have that china strategic to sell up to 133.6 million ever grand vehicle shares china strategic to sell up to 133.6 million evergrand vehicle shares.

I don't even know what that means or what the effect would be there, but it sounds good. It sounds good united states housing starts month over month for august 3.9 versus seven percent prior rallies, usa building permits month over month for august 6 versus 2.3. Prior. That's interesting, the united that is really odd, so us building permits for august is up 6.

Well, no, it's really not surprising, because lumber prices were inflated. What month, is it we're in september? So august was higher, so um from like april may, going into august is when we had lumber prices through the freaking roof. So it makes sense that the building permits were down last month and up this month as lumber prices have corrected some. So that actually does make sense.

Now that i use my little brain all right continuing here. What else do we have china's ever grand miss payments due monday to at least two banks, so it seems to be kind of all the recent stuff that came through on the s p this morning. Um so see anything else too crazy. All right owen, wilson, uh stock nete, we're gon na move over to here, looks like we're seeing the maybe correct volatility we would like.

Meh stock already moved to target so too late, and that, ladies and gentlemen, is generally how momentum trading will work on a day-to-day basis. You will get a stock, you will find something. That's already started moving and it's most likely already hit resistance um. So the stock n-e-t-e - probably not going to be much of a candidate for us now lcid again uh.

We had stated a max long target for right now up to the price of 27.30. We will stick to that price for right now, meaning if you're long lcid with the current market structure, we wouldn't be looking to be higher than 2730 for right now mind you 2730 target started from down here apparently, so this move started here targeting here, 90 to 85 percent of the long move has been achieved, think about where you're entering the market, not that it's wrong, not that it's bad. It's saying that the long move started down here, ripped all the way to here. So if the market is meant to go from here to that red line 80 to 90 percent of the move has already been achieved, amc getting smoked! Oh no! Oh, my goodness! Folks, it's just not looking gooey! Oh, my gosh wait hold on hold on folks hold on folks.

Does anybody remember the price that i told you amc would have resistance, and if it was going to continue going up on the long side, it would need to gain back control. Does anybody remember that price point? What price point did we say it was going to be anybody? No one. No one! Remember it's on the chart. Yeah qqq's are going down mark it's going down.

41.40 yeah yeah exactly 8k has got it right right about 4140., this red line. This was what we recommend. It was going to be resistance right there or we recommend it if the market's going to be along. It needs to get up to this price and then sustain over and then that's when you look to be long.

The market got to here never sustained over. So you don't look to be long here. You'd, look to be bearish mark it down, so amc effectively. Bounced up from pre-market to its um, when i say known it was known so bounce back to its known resistance.

Then down markets are going down um, so yeah you're, just you're, just kind of sitting watching amc bearish we're not long amc, we're not really short, biased amc for the time being. We're just watching amc is all our next support level where we might see a bounce for the time being, if markets continue to slide would be down at 35 and 41 cents. So the next long level, i'm watching for reversal is 35 41.. The long level that i'm watching right now for a breakout would be at 41.40, so for a breakout, long 4140 for a reversal, long reversal, long 35, pretty much.

What we're going to try to do is stream the scanners and do this live stream. All on this uh excuse me all on this channel. I didn't think you could do two live streams from the same youtube channel. So that's why i was using another youtube channel, but i just figured out you can actually run two live streams from the same youtube channel.

I tried to do it today, but failed. So i'm gon na keep working on that. We should get to the point. We're able to run the scanners and this live stream from the same youtube channel every single morning.

So that's where i'm gon na try to get to but didn't work. This morning swing training iron t, i've doubled my investment of 2 800 since last monday, lego very good, very good, my friends, very cool um, so yeah there's, like i said guys, there's nothing that i think is really meant to be done on the market right now. I just kind of sit back watching my account bleed currently in our long-term account. We are up there's that point.

Eight percent so hit almost a high of six percent in this account. Since i started it now we're down to only a point, eight percent gain. So very minimal return. As we mentioned everything.

That's in that weibo account is directly tied to the market, as are most investments offered through 401k plans and your company and is most mutual funds and are most people's accounts uh. So again, markets are down my account's down story of my life. That's how it goes, but anyways yep, that's pretty much it. The real chinese pain is coming.

Why is your screen always out of focus um? I'm not sure what you mean like. If you mean why is it always zoomed out the way it zoomed out, as opposed to zoomed in uh, be well, sometimes i'm zoomed in sometimes i'm zoomed out, but if you're referring to screen out of focus on youtube, i would have no idea. That's that's all. Youtube's fault: if, if it's going out, it's going out of stream on your end, like it's just not clear either it's your computer youtube internet, something along those lines, but my screens are never focused in because sometimes they're, just not.

I don't really need to have them. Focused in i guess you could say at the end of the day, sometimes it helps sometimes it doesn't. The numbers on the screen are blurry yeah. That's because we don't really need to look.

I mean yes, it would be nice for you, guys to visually, be able to see every single number. Absolutely i can zoom in if you guys would like but you're right when i change when i go from amc to facebook it just automatically resets to whatever this setting is, which i could probably change it, but i just haven't yeah. So that's so that's your focus. Guys you need to change it.

Uh yeah! You need to change your viewer settings on youtube, surprisingly, tesla's, actually putting in a good day. I haven't really seen fami more of a swing trading stock as opposed to a day trading stock down trending oversold 21 cents. I don't really care for it, but if you want to take the risk and be long on a downtrending stock like that sure you're, basically just looking for a random counter trend, long pop to exit on which sometimes isn't the easiest thing to to get uh. No there's really no way of making the scanners bigger.

The font settings in trade ideas are, or maybe you might be able to. I can't remember, but for the most part, no we're probably not gon na yeah. No, it's probably just gon na stay exactly the way it is uh yeah. It looks like nvc still currently halted.

I mean we've seen stocks halted for weeks, so you know we'll see how long it ends up being qs still holding up pretty good on the day. Ah, it looks like the market might do a bearish roll over here there it goes rolling down, that's no fun, hlbz still just hanging up again, i'm not even really, i mean, haven't really clicked any buttons for a tree today, besides uh, what's it called that move With uh, the nasdaq rwlk is moving up, that's probably going to try to get up to about a dollar 86 or something in that area b. K y. I that's interesting yeah.

You can watch bkyi for a move to 3.83 here, probably maybe that's where you can get this to go yeah. If you're watching bkyi penny stock just started moving a little bit. I see the potential for maybe a 10 15 cent move, but that's probably about it. Uh yeah so vky.

I let me bring that one up here, yeah. I think you can watch bky for a move to maybe 385 there so like. If this move breaks out the one deep so pretty much just know that the level of 367 right now is resistance, so you kind of have to get up and through that. That is where the plus one deviation is at.

So if we can break 368 367, you should break out to about 385 and and then it probably pulls back into rio, all right, so the spine's starting to roll down starting to act, a little more bearish which really not surprising, ater uh atr, looks more bullish Than bearish, i would probably be watching that slightly more long bias for right now, um i mean you tried to do a head and shoulders and failed so yeah. I would kind of be looking for you know. Maybe a move out of this consolidation at some point. Yeah, i don't think i'd be extremely bearish right now, bkyi still holding below 368 for the time being, has been unable to get up and break through the plus one deviation mark any good chance for a dip by an amc not now probably not again, uh you're, Very, very far away from your interaction point on i mean yeah you'll have a dip buy on amc like there will be a bounce sure um.

Actually it might be right now towards the pre-market low, but the current market's going down - it's probably not, but uh yeah. Our next low risk dip by level amc is going to be 35 37., so we're not going to be buying amc until it goes down to 35.87 until it's breaking out of 41.33 uh yeah crvs, that's an interesting hold still overbought sava is doing really really well. So sava is going opposite of the market right now, and that is a very, very good thing. I think sava is maybe a stock.

We could consider being swing long. It's the only stock, that's going against the market right now. So that's a very, very good thing. So sava probably watched that swing long over the next couple weeks, probably is going to have a bounce back um.

That would be that's kind of my assumption, but we'll see, um doesn't really have a divergence, though, but yeah definitely keep an eye on that. That's very very interesting because, like we said earlier, when a stock is moving opposite of the market when the markets are going down, that's that's a very, very good thing. Yeah, so keep an eye on salva belong by sava. Bkyi failed, its one deviation mark! That's why we said it's a long when you're through the 368., all right, you can see it popped up to like 368 wicked smackdown so again.

So this is the perfect example of why the market why people have such trouble in the market and why they get caught in really bad moves and take really big losses. I still do do at times, i'm not perfect um. So this is the way the market is taught. Okay, you, as the retail and trader, are told, hey, look for consolidation, look for a wedge look for a break over the previous high and go long.

So we break over the previous high. You go long. Was there any money to be made once you broke over that high? No, you made no money, you just lost all right, so that's because they don't teach you long-term trend levels. No one does ever i've never seen ross cameron.

I've never seen tim sykes. I've never seen anyone ever online ever in the world of trading ever tell you where price targets and things can be on breakouts and just never seen it taught this way. So it's just kind of annoying because it really helps right. So if we look at the four hour chart here, if we look at the four hour chart, you're gon na see that there's a one deviation level, sorry at 365..

So there is a deviation resistance on the four hour at dollars and sixty-five cents, which is right there. So, while you, the retail market investor, are looking at this wedge pattern and you're told on google and facebook and everywhere and anywhere to buy over the previous high. A day when it breaks out that's where the move starts. Well, you buy there you're buying right into the resistance at 365 just before the market maker rips you down.

So in reality, this setup max potential profit. If you enter for a break over the previous high, let's say you get filled at 361, you had a max target of three cents: three cents profit. It went up to 368, so you could have made more than three cents profit. But before you enter the trade, your analysis would have been a break over.

This high target is 365 only three cents potential profit. Do you think any retail trader in their right mind would probably take that setup if they knew the max potential profit was three cents? Probably not so that is the problem with using patter recognition trading. It has been proven that pattern. Recognition trading does not actually lead to any sort of profitability pattern.

Recognition trading just leads to big moves, because people get trapped in a pattern and their stop loss creates volatility. Hence this move. Everybody buying the breakout in this move, look at where the volume is look at where most of the volume is on the day right there. On that candle, as it was breaking out right and then the move gets smacked, everybody buying long break of the highs just stopped out.

So a pattern recognition trade brings in volume and it's the stop loss of those active traders that creates a lot of volatility. Move moves up, tries to break out, hits resistance, everybody buying long stops out big harsh red candle and that's how the game works. The only time you take a long play or a short play out of a pattern is when the price target is exceptionally far away. So if we looked at bky i - and we see that it's breaking out, but it's next resistance levels all the way up here, then we would be able to say: oh, we have a move all the way to 399 from you know.

350. 360. That's a 40 potential target that has a higher risk to reward ratio. So again the reason that you are primarily taught patterns and pattern, recognition um from inve.

Well, here's another thing: investopedia right great place to learn, but did you know investopedia is owned by big banks? I don't remember the exact one i think jp morgan owns investopedia, you see i'm getting that right. So most of the stuff you're gon na be taught in the market is generally gon na, be opposite of what you should actually be doing in the market um. So to speak, that's at least what i've come to find. Um everything i thought i learned correctly.

It's true! It's not wrong. It's just a lot of times isn't entirely useful and actionable, so it's great to learn patterns and it's good to learn. Pattern recognition. Absolutely, but that's just a small portion of it.

The other thing too, is market makers in the game. The system they can. They can move stocks to make patterns. Okay, they can move stocks, they can buy and sell stocks to form a pattern to create participation.

If the retail market won't participate until they see a bull flag or a bull pennant, then what we need to do is buy it up. Then we got to pull it back. Then we got to buy it up. Then we got to pull it back until we create a bull flag and then we'll get the retail market participation that we want and if you think really that happens.

Yes, it happens. So uh there's a quick little tidbit for you today, uh yeah. We still sell a course why not? It can be passive income for the rest of my life. So another thing: when people like, oh well, you don't make enough money so during you guys, sell.

Of course, uh yeah, there's that too i mean like apple right. Why does apple continuing selling phones, even though they already have a phone, because if they sell a phone they'll make more money and then why would apple, take the the jack and make a dongle with another, because they'll make more money. So when we live in a capitalistic society, where your day in and day life depends on money and that's how you kind of travel through the world, then it would make sense to try to make money. So, yes, i will probably sell a course on the topic of day trading for as long as i live, because it could be passive income for the rest of my life.

Theoretically, i seen so arm armin. The problem is, is i don't have enough time to write up our morning emails, so we have somebody else. Do that who really isn't a trader he's more of an email person, so he can't correctly identify the market as well as i can so um. Basically, we're running into the same exact issues that any big major company email system has.

Is they the people that run the emails generally? Aren't the professionals on the topic? So, therefore, the information you're getting is broad overview market information that, therefore isn't really actionable. It's more of just like tidbit information, um and that's just the reality of the situation. Um so every day, i'd have to sit and write out, really well thought out emails that takes too much time. So, yes, you are right.

Some of the emails we send out end up just basically being useless, because the information on them by the time you get them is late and there's really just nothing. We can do about that for the current moment in time. Unfortunately, and that, ladies and gentlemen, again is, is just the reality of the situation: um most people who start the business have more knowledge than that of the people they hire. So it's yeah.

It's unfortunate, but yeah. Oh cp sorry center point, but that is true what i just said, though um some of our emails will have stocks in it that by the time you get it or the person writing it just doesn't know as much as me. So it's like i've noticed that time to time, some of our emails are a little off in relation to the way that, like i would specifically write them myself, um they're close, but not quite, and that's just one of the situations where it just kind of is What it is it's just one of those things that through business is just kind of falling through the cracks and you you try to get better at but um. You know the person writing.

The email doesn't have my brain, so there's only so much we can do at times, but thanks for not saying it was me, that's good, but i'm never one for admitting where we can improve or never one to not admit where we can improve ar. Let's go baby: let's go the boy got the calls. He wrote him overnight. He closed him at the open, making a profit, oh by the way, um, never mind it doesn't even really matter.

I forget what i was going to say: uh this uh, this bky. I stock just kind of crept up again. You could be looking at a breakout play from kby or bky. I here just an fyi who created or manages the standard deviation.

So standard deviation is always benefiting. It's a statistic. It's from statistics right. The standard deviation.

That's always been a thing i didn't create, it think or swim didn't create it boiler, room training didn't create it. You didn't create it. It's always been around for a long time who actually developed that i have no idea who what mathematician did. I have no idea, but thinkorswim has taken standard deviation, written into a code in which they use on their platform.

Then we took standard deviation, figured out what important things you needed to use with standard deviation and then went from there. So we took what was already there chopped it up cut out. The fat took out the fluff found out the only thing you really need to use. Well, not the only thing.

That's that's way too confident way too cocky we trimmed it up. We took out the fat we took out the fluff and after using it for a while, we've come to the conclusion that we found specific time frames that work really really well day in and day out. More often times than not and that's kind of how we use it, did you miss the overall market expectations, uh yeah, that that's it that was done earlier in the morning. The overall market expectations today were um pretty much.

The market was going to go down again in simple that that's pretty much what it was. The markets would probably end up selling off this big gap, a little bit um that was market expectations. Today we didn't really suggest long targets uh. There was no target that we suggested in a day that we thought the market would reach to today, because we didn't see today being a day where the markets were going to run to long term targets.

I expected it was going to either be an inside day kind of choppy and down, but we didn't really mention big long targets, um big selling targets - i mean we did mention one long target that was on the spy up to like three like 85 cents. Up from the high a day level it was currently at like that was the only thing long that we mentioned you could probably do so, but more or less it was to be a bearish day next spy, low 430 or 421 one year. One day oh yeah sava as well alongside, we did mention that um more of a definitive play now uh yeah so kagan to be a little bit more specific. We just thought today was an inside day slightly down, wasn't gon na be a crazy long, not necessarily crazy, short um, and i think, maybe one or two more days of trading and we'll start to be able to define what can happen a little bit more easily Melissa very nice, my husband said it was goss who created the standard, deviation or tender distribution, a bunch of math geeks live there.

That's awesome, um, yeah cool, that's good to know. Goss was the one who created the distribution. I wonder who like created the channel, though on the trading system uh yeah, so lcid? Why did i have a level there? I don't know so else. The id uh recommended long target overall was 27.50.

We are at 26.27, so you still have about a dollar and 20 something cents to go on. That 27 would be 30. 30. 20..

Yes, you get about 1.20 on the upside potential, long move, lcid, oh by the way. Ladies and gentlemen, i have no idea if this is going to be the ultimate market top or not, but with my dollar cost averaging account, i just increased my deposits by a hundred percent, so what i would typically invest. I increased a hundred percent more that way. I'm doubling down my investing amount during a dip when we resume the uptrend, i reduce my dollar cost average amount to whatever it normally is.

Then, when we go in a dip, i increase my deposits by a hundred percent and then as markets resume trend, i'll decrease down to uh uh to the regular investing amount. That way over time, your dollar cost average also goes lower with you, timing, the markets and average in leveraging up investment capital. Now, if this was the ultimate market top well, then you're just anyways, it doesn't really matter what you did doesn't again it it doesn't matter. What girl you had sex with in high school okay, if the world's gon na end tomorrow, it's gon na end tomorrow, okay, forget about it, don't really matter! Nobody cares.

If you have herpes if the world's gon na end tomorrow kid it don't matter. Sorry, if there's any kids in the household right now, i know that's not typically how we talk, but every once in a while, you got ta have a little grown-up discussion. Okay, so we'll just leave it at that tmi bro tmi, so yeah lcid is just cranking and banking um. I'm gon na go peek back at sava, so i was watching sava.

What i didn't like about sava at the moment in time is: it was definitely a little overbought um, but i think saba is definitely a stock. You can consider adding a dip buy. So i think i'm going to add a little bit to sava here after we pulled back off the high like dude. Why are you so dumb? I hate when platforms just want to do everything but work properly.

It's like great, like cool. Why do you make this? So complicated, sometimes yeah just added some long ensava, it's not a great entry as a where we're at today. It's probably it has a good chance. It can go lower from this moment in time on the day, but i do believe on the long term.

We might be getting ready to retrace some um, we'll see it's been. It's been a stair step downtrend, so we are trying to reverse a pretty strong downtrend here right, stairs up up then down then down. So we are grinding back today, the charting formation. I don't really love, i don't like anything about the chart formation.

The only thing i like is that the market has dropped like let's just call it 2 000 points over the past week or whatever, and this is still going up. That's what i like we've had. The perfect environment in regards to stock market correction dropping to bring sava down as a and many other stocks, yet sava has stayed up this whole time around. So therefore, their strength in salva i'm willing to buy it high, even on the day, even with the chart formation.

Not looking that great, i think it's still worth the risk given how we're trading against the market uh, so yeah, there's that now, if i'm right about sava - and if this does end up working uh, we would be looking to get sava and that market back to Sorry, let me well for one we'd be looking to get sava back to the long zone of 58.75 to 65., so we're at 51. So, right now on the upside, i'm looking for maybe seven six dollars up to 58, 80 and or up to the 65 mark. For the time being, do i want to go higher? Yes, i want to go higher. Will it go higher? I have no idea, but for the time being the most logical or easy to obtain target if i'm correct - and this does go up - would be about 59..

You picked up 28 calls on lcid this morning. My 15 calls are up 145 percent lcid, very nice uh yeah, i mean if you're on lcid and you're cranking you're banking um. I mean i don't doubt that this can go higher in the future. Sure, like i, i don't doubt that, but if you're long more often times than not you're gon na see selling in this location, you can believe me.

You cannot believe me, you can do what you want. You don't have to do anything, but there is almost a guaranteed pullback coming from the starting point at 27.50 to a top point of 28.68, i will probably be betting bearish to stock here in the next two days: okay, for a pullback, not that i think the Stock's going to crash, nothing is going to go down for forever, but this becomes a very low risk opportunity to bet bearish a stock people. Long from this bottom will most likely sell there. Another good way of no just forget what i just said: anyways, that's it yeah cool thumbs up um, nndm, o n e m.

Are they pushing bbig to six? You think um well for one the most important thing to understand. Okay, not the most important thing to understand. I just made that sound like way more important than it is. I guess a very fundamental thing to understand and never forget is that stocks typically trade down and up through the mean the mean being the white line.

So it's a very common occurrence to see your stock go down, go above, fall back to and fall through the mean the mean is basically it's the halfway point of the ping pong table right. This is a this. Is a ping pong table folks what you're? Looking at here is a ping pong table. Okay looks like this.

That's your ping-pong table. The line in the middle is the uh, it's the net, that's where the balls got to get past and then you have typically you know some guy over here playing so we'll put a little smiley face. That's not really a smiley face, but you know, and then you got one down here all right and these two play ping-pong when you get down to this edge, we bounce it and when you get up above the other side, we throw it back and generally speaking, It's going to flip through the net, occasionally right so again, this is the ping-pong table. That's your net and the ball will come down here and we'll smack it back this way past the net and when it gets too overbought we'll smack it back.

This way back towards the net and then sometimes it'll shift through and then we'll have to smack it back up through the net and then when it gets back here and you have big moves, there's always a big move through the net and the reason being is Once the ping pong ball crosses from this smiley face section to this one, this guy is on defense right, so anybody that was betting bearish from look at this ready anybody that was betting bearish here, where this green arrow is at okay, go over. They get stopped out there, so everybody short smacks. The ping pong ball this way, then the bulls smack the ping-pong ball. This way crosses the net.

This guy goes oh and gets destroyed. Now the ping pong ball gets smacked back down here and if they run it back down through here and bring it back up, that's gon na be your squeeze point in the future right around six. Seven bucks, so bringing bringing bbig back down to six is very likely wire point because time frames are calculated different well. This is because you're looking at a four hour, it's just different time frames.

Okay, if lines are every difference, because a different time frame, most likely so just different time frames is all so, hopefully our sava trade works and that keeps grinding up. It's probably not going to do. I don't think it's going to do. Ah, maybe it does maybe it just keep going today.

I don't know, i didn't really expect it to. Hopefully it does. That would be awesome. Um again, i didn't expect it to.

I was kind of thinking i was going to lose money on the day for the most part at that entry point, but see surprising. The tesla's actually happening, hblc or hlbz halted up 38. cool, yeah, hlbz, big old papa, dare so just some shorts and long players going at it yeah. So theoretically, if we look at hlbz, hlbz has up to and 42 46.42 on the intraday level here to 49.90.

So it'd be my assumption that on a gigantic rip that is as high as we could expect this move to go to for now before seeing extreme selling pressure. Ah, give me one sec yeah, so we'll kind of take a peek at hlbz for when it unhauls here so just send a send a message out in chat. There's a 20 coupon they'll be running for our trading course. I pinned it to the top of the chat, so if you guys are interested, it should stay somewhere up there if it gets lost in the feed, so you can always go back and get it there.

Uh looks like bkyi back to testing the breakout level of 370 or so again. If it does rip up and out you'd be looking to go up to 383 for the time being, so not a really really big breakout move from bkyi for the time being. There - hmm, hmm here's some nndm sitting at 850 - is a good idea to average down by buying some more um. I don't know, i guess, if you like, the investment sure nah, that's completely up to you.

I wouldn't hate to be the one to recommend you doing something like a debt and then not working so um. I would just recommend if you like, your investment, stick to it uh to me it doesn't really look bullish for the time being kind of does have a potential squeeze and effect yeah. You just need to wait for that to actually like reverse um, so you have them up at eight, so yeah, your average ownership price is the target for the next long move. So, theoretically, if we did break up, we'd, probably go somewhere like 760 to eight.

So you probably wouldn't even make money on the next big spike move from it, because you still wouldn't even really be above your average price most likely. So you might be forced to average down just to make a profit on the next long push. But you're not forced to if you wanted to that's really what it comes down to. Bngo doesn't really look all that great bkyi sitting just below its breakout level looks kind of sketchy, as in it's going to be more of a pain trade than it is going to be fluent fun.

So if you want to involve yourself in something like that, be my guest, i will not myself: that's cell db, it kind of broke up again. That's cool, but not even a big move, yeah pointless sava, still barely holding up amc did a little pre-market, shindig, magoosh and magoosh mcgeester. Mr monroy, we touched on bnga already did that, let's take a look at bitcoin really quickly. Oh hlbz is on halted.

Hlb, z, h, that's hilbz! That's not it thanks! Secret swim, hlbv, hlbc anyways, like we said long target max. It's already kind of honestly resistance. Yeah i mean right now i mean 50 ones might be your max on that, ideally dkng, 52 bounce. So far, there is no 52 bounce.

That's a very bearish day for the stock um, so you're saying bounce off the statistical mean is what you're looking for um yeah! That's that's! Where the market's targeting to on this downside move so the first spot. You would consider kind of a bounce now would be 52. Yes do know, it is a bearish day. Markets are moving down, pretty harsh on that.

So realistically you should be slightly hesitant in a way, but put it this way. If you start to get long around 52, there will be a little bounce move, how good of a bounce? It is how much money you can make on it. That i don't know and the reason i say that is because the markets are trending downwards. Very strong they're meant to go down right, so the bounce probably isn't going to be that big um.

So i'm actually in the process of reopening my coinbase account when i say reopening my coinbase people like, why is it taking so long and long story short? Is my id is my old address and this and that so i got to go back to secretary of state, get a new address or no, i have to get a new id, but with a new address, so i couldn't just do it online. It was giving me trouble anyways. I have an appointment coming up secretary's day, dmv get into your license, get a new thing updated my address and i can get back into my coinbase account, but i probably got to use coinbase for most of my cryptos in that regard and binance same issue with Binance have a binance account, but it's so old. They changed things.

My address changed, so it's the same problem having getting into my coinbase as i am getting into uh binance now i would not have an issue using weibull, but we know how that happened. I tried to trade bitcoin on weeble and they basically gave me the biggest possible. So at that point i decided i will no longer be doing any sort of cryptocurrency related things on weeble, not that it's not okay, not that many people don't have a good time doing. I just decided for me there's other places.

I would rather have my money in crypto aside from weeble, not that i wanted to use weibull. It was just convenient for me at the time so anyways bitcoin binance good options, yes um. So there goes uh the nasdaq starting to break through low of day heading lower uh. So again, just watching that thing fall down, fall apart, spy in the red.

Oh no, ladies and gentlemen, this is so scary. What are we going to do? We just have no idea it's just like. Oh, my goodness, it's like we're going to end up buying the spy when it falls down to its next support. So this is the other thing.

Don't don't get skirt, never be scared. This market, when it comes back down to about 4 30 37, look to be long again. So when i'm saying the reason i'm saying when is because it looks like it's going to so when, if you see this back at about 4 30, you probably look for an intraday long bounce on the market on the spy there um uh you're. Looking for a breakout, long, amc, you're, looking for a reversal, long, amc, 35, breakout long amc at 41, 40, 40, whatever whatever the high a day, was today.

That's your breakout, long play and the price of 35 is where your reversal long play is, and it's important you understand the difference, breakout and reversal in order for amc to move long bias it either needs to hit support or it has to break resistance. Hitting support is at 35; breaking resistance is around the high of day from today. So there's two long plays breakout reversal reversal 35 breakout 40.. If you buy a balance on the day for amc and it's not 35, then you're not buying the reversal that at least i'm talking about so it's okay to see amc bounds in the day, not at 35.

But i don't trust that bounce until it gets over 40 and breaks 40 right. So if the market wants to bottom and break out of 40, that's great right and if it bottoms and reverses off a price other than 35, i don't understand why it's bouncing there. So i'm gon na wait and to see if it breaks out if it breaks out, then that's the reason it bottom. The market wanted to go higher.

It wanted to break out. It did not want to go to the reversal zone. So, instead of going to the reversal zone, market makers algos whom retail apes this that don't know they were able to buy it up and get it to break out, uh bkyi just broke through its initial spot. They were talking about.

We gave a recommended price target up to 3.83 cents if it broke to the previous high. We didn't say that we were going to trade it because it looked a little more confusing a little more of a hassle than it is going to be fun markets going down um. I will say this, though, if we do get a new breakdown in the stock market, whether the nasdaq or the spy, we're probably gon na, so so the same way that we went along the market yesterday is the same way we'll go along the market. The next time around and that's going to be priced at 421 on the s p 500.

see yeah gdp. I had i had coinbase so long ago i was actually gon na buy. I was gon na buy three ant miners for around 20 grand in 2017. 2017-2018 area.

I was going to buy three ant miners. It was priced at about 20k. That's when bitcoin was down to like just crashed or whatever, and i'm like you know. If this keeps going lower and if it never comes back, i'm not going to make my money back and it's going to be dumb and i'll just waste my money.

Well, we know who the idiot was then me so yeah i always mean i was backing crypto and looking all that stuff a long time ago, just never really pulled the trigger on mining and i debated getting into mining. I've got a buddy who's, built million dollar mining rig farms um, so i already have someone who can help manage, co-manage and work on it with me so building setting up zero issues. Basically, it's just whether or not i want to invest some money and do it. Um, so i'm actually interested to hear what you guys.

Think of that. Do you think i should get into crypto mining? Do you think it's still profitable? I mean i've watched a bunch of videos whether or not it is profitable, isn't profitable profitability really just comes down to the cryptocurrencies continuing to go up if cryptocurrencies crash, then everybody mining crypto is going to lose money if they haven't already made their money back. So that's a no-brainer um, i just don't know if it's really gon na, i just don't know if it's if it's a strong enough business model going forward for um for smaller guys, because you have government coming in and government doesn't generally do anything that usually helps The individual person gain more liberty, freedom and financial independence with any laws, regulations and new moves government make. So i highly doubt that anything in the future regarding regulation, rules and laws for cryptocurrency will generally benefit the smaller guy and or even big corporations, um more likely to benefit bigger business and bigger corporations than the smaller guy, as history has already shown that.

So that's also. Another thing is because we're not in the starting point of it anymore, we're not in the ending point we may or may not even be in the middle. We could be at the very beginning still, but even this beginning still feels like government crackdown rules. Regulations could very much hinder the future growth aspect for any individual mining person, so yeah, so so the energy cost energy cost for the most part, isn't really all that.

I mean bitcoin hash rate, so it depends on the hash rate depends on the the difficulty of the hash or to solve the algorithm, the block um. So from my understanding, it is still profitable. Even when you consider internet car or sorry uh, power costs, it's more or less comes down to to mining alternative cryptocurrencies as opposed to bitcoins, because the if you're gon na go with gpu mining. The gpu mining is not better than asic miners or ant miners.

Pretty much the miners that are specifically built to work on the bitcoin algorithm are mined significantly faster than graphics cards, so to compete in the bitcoin market. With graphics cards is dumb, you're, not gon, na net much um, and then the problem with the theorem is ethereum is becoming similar to bitcoin in the fact that a lot of it's already been mined, it's becoming harder and harder and harder with the competition and then Also they're changing to proof of stake, which right now there's a lot of controversy. Whether or not proof of stake is going to ruin profitability of gpu mining on the ethereum network. We'll see, i don't really know enough there that i feel comfortable, saying the proof of stake network is going to completely destroy the gpu mining on the ethereum, but there's some that say it will there's some that say it won't um.

So again, i'm still up in the air and the thing i keep coming back to is. I was going to do this in 2017. Looking back now, it's like, i should have done it. It's the same.

It's the same same discussion i was having there. Is it profitable to be profitable? I would have made a ton of money, i would have made tons of money and i didn't do it. Another thing is like do i do it again is bitcoin. I mean that so just kind of wrapped up in that whole idea.

It's like! Yes, you have to spend money, but over the long term, if cryptos ever continue to do what they've been doing for if cryptos even did what the stock market did over the next 30 years, it would be worth it. That's it if the stock, if cryptos went up three four hundred percent over the next 30 years that we've seen like the stock market, do then it would be totally worth it if they stayed flat, it would be not worth it. You know so that that's really just it as long as cryptocurrencies continue to be bulged throughout the remainder of the next 30 to 40 years, then it would be totally worth it yeah, so that that's another thing that i've debated for a long time, but i thought It'd be interesting to hear some of your guys thoughts on that uh, any thoughts about leaving the united states since it's getting so crazy um i mean yeah, there's always been thoughts. Whether or not i would do i mean i would really hate to do it because all you have that's the problem, is i don't? I don't want to have to move right to live in a world of common sense.

That's the sad part um, but no i've. Never really put actually no. My dad is actually i'm. My dad has made serious suggestions of getting a location outside of the united states because he doesn't like the way things are unfolding here.

Um. You know you know, i don't want to sound like a cry.