It's just it just doesn't feel like a safe space anymore. It's just sad. It's like every little rally turns into garbage uh in this uh in this market and uh. It sucks it's uh kind of what we were concerned about yesterday.

You know folks were a little yesterday. Folks were a little like, oh kevin. You don't seem too optimistic about the market uh. You know staying green.

What? Why not? Why? Why aren't you buying the rally like this? Is it look we're making 14 on neo today and all that blah blah blah blah blah yeah? Well, because the rally didn't last and uh what you know we can we can do the george bush fool me once shame on me, fool me twice and then he loses it, but anyway shame on you uh. So no a full see i even screwed it up. We did pull the george bush for me once uh. Shame on you fool me twice, shame on me: yeah there we go uh and that's really what this this market turned into is uh is.

Is this uh ugly, disastrous, uh market of false rallies? False starts endless by the dipping to the point of not having any money left uh now i mean to some degree the buy. The dipping has been good because a lot of stocks haven't gone below their floors. That we've been seeing with the exceptional like peloton, but not in peloton uh, with the exception of peloton. A lot of them are really hanging out at their floors.

Docusign a square, a hood. You know eighteen dollars how many times we're gon na be around there uh. The matterport the trade desk and face etsy uh, google, uh tesla they're, not really falling past their floors, so i like that, uh and - and so in that sense buying the dip actually hasn't been that painful. You know the worst kind of market is when you have this, this essentially feeling that you, you literally, are holding a falling knife and it's still slipping and it's slicing your hand as as you're just hodling, and it's just worse and worse and worse.

Uh by the day, that's true of call options in this market that you've purchased because of the theta decay, but it's not true of shares, because we've really just been we've been pretty chill. You know the market uh hit a lot of its bottoms on december 6th and then since then it's just been false. Start fall, start false, start uh. You know you do have uh.

You do have an opportunity here for tax loss, harvesting and uh. Honestly. What what i'm gon na be doing after this stream is i'm gon na be sitting on amazon and just buying things that i know i need to buy in january, i'm going to buy them today. I'll, probably, you know, sell my crypto and re-buy it for at least more of some of the recent purchases, because some of those are down because there is no tax loss, a wash sale rule on crypto, yet check with your cpa.

Of course, on that could be one of the reasons we're seeing a little bit of just drawdown in crypto uh. You know uh spend money that you want tax write-offs on again check out the courses on building your wealth down below you can uh bundle up using the coupon. Well, we have one purposely expiring tomorrow at 11, 59 pm uh. That way, if you want like sort of a new year's thing or whatever, either going into the new year with with some educational programs for the weekend or you want that tax write-off, you can do that.

Uh price go up a little bit again after that uh. The well the path to wealth course that one's going to go up a lot soon, but but that's because it's on pre-sale, but anyway uh so uh yeah these these are some considerations, talked a little bit more in depth about options in the course member live. But we don't have to go that deep right now more, so the the big thing to think about is when we trade sideways and long like this, don't exceed a level of margin that you're comfortable with. So i highly encourage you, you limit your margin.

Personally, i really prefer not having margin at all. You know. My old school rules were no more than 25 margin and being able to pay it off within six months and having to meet both of those criteria. Uh.

Now, i'm a little bit more like yeah. Just don't go past 10 percent, so i've i've kind of tightened. My my standard a little bit honestly, i think i'm at like 12 uh, but whatever so um yeah, just crappy. That's that's all! It is it's a very lame end to 2021, with a lot of things not doing great uh, with the exception of really the indices.

You know the the indices are killing it here and uh. You know props to them. I i don't think it'll last in 2022, uh, the the indices are essentially at record highs, they're pretty much flat for the day, with the exception of nasdaq. That's down uh, you know, s p, probably closest to record highs, has been a phenomenal investment.

The s p. I've been the most stress, free and easy investment to make, but it's rare that that's the case uh compared to individual picks, in my opinion, like we're not going to see a 16 in my opinion that we saw in 2020, uh again uh in 2022 or three. I don't know, i certainly don't think we're going to see 25 on the s p in 2022, but it's been great coming out of the recession. It's been a phenomenal tool, so hats off to it.

There's been a lot of stocks. Obviously, that have performed much better, but if you mix them with any level of small caps, you know your portfolio doesn't necessarily have to be doing better than the s p. 500. So, for example, um.

We know that etsy tesla uh end phase over the last couple years. A lot of these companies vastly outperformed the s p. But again, if you got into any of the specs or the ipos uh over the last couple years, those are probably sandbagging your portfolio. A little bit uh, oh well, with the exception of roblox roblox, actually not that bad.

You know. Roblox really came off that 65 pricing and came when mainstream, and you know it's up a nice three percent today so sitting at 103. Maybe that's because nancy pelosi went shopping for some roblox options, deep deep in the money. You know those probably are also the not.

I don't know that this is the best market for yolo calls, but you go for some deep in the money calls. Maybe those make a little more sense like, for example, let's say we were gon na go, i don't know, buy something, that's down. Let's pick something that's down nicely and just do a little options. Pricing here, um, let's go with.

Oh, i don't know uh. We could try yeah, let's try a firm, let's, let's go, look at a firm, so a firm, i believe, has been at midpoint volatility, i'm going to assume that it has been, but i will fact check that in just a moment. So i'm going to pull this up. Bitcoin ends 2021 with a whimper.

That's a funny title. I think you got a lot of traders going in they're going out right now to take those those tax losses and uh, hopefully they'll be back. Maybe not remember it all. A lot of uh crypto traders come in for inflation, protection and expectations.

Are that that's going to rotate down unless you're elon musk, he thinks inflation's gon na get worse. Okay. So let's go over to our options here, let's go to. Let's do like a nancy pelosi.

I don't know august 2022, since there's no september here, if we go in the money on this thing we go. I don't know, let's go to 80 bucks or something like that. What are we paying yeah you're, paying some extrinsic value here? What about 60 bucks? Actually, it's not that great yeah well, but then again you are out at august. So it's not that terrible.

Given that this is august, but so look let's say you went for. I know something: that's a little tighter here: 80 bucks, so the 80 bucks you're paying 30, what 32 bucks or whatever for this that puts you in uh that doesn't mean you're paying about 10 bucks in extrinsic value going out to august. But it's not that bad! Paying 10 bucks for an option uh in an extrinsic value, and it carries you out to the second half of the year personally, preferring shares lately uh. Unless i was looking at, i think matterport has some pretty good ones.

Take a look over here, especially since it's fallen here: let's go to july. Let's look at matterport 15s no you'd have to probably be in march to be positive. Let me see here, let's go march, if we go to march 10, oh see, look at that. Uh check this out.

The bid on the 10 march calls for mad report is 10 and 50 cents. Now you're - probably not going to get it for that, but if you did you'd basically be paying zero extrinsic value, so you'd basically be getting that leverage for free. It's kind of wild because your break even would be twenty dollars and fifty cents, which is basically what you're paying. So it's almost like.

Why buy the shares you could just buy those now uh? The downside is yeah um, which you know. I mean it's the same as shares like. If the thing falls to like 16 bucks again, then uh, then you're gon na lose probably some more contract value a little bit more quickly here, but if you held it to expiration it'd, be very similar to having uh shares. So it might not matter, but you'd get potentially more of a swing if you got a nice run on matterport again at some point going forward, so some interesting ideas but uh.

If i was going to buy calls, these are probably the kind of things that i'd be looking for, paying very very little for uh extrinsic value. I'm going to take a brief peek at a tesla. Here, of course, also compare volatility, and if you don't understand what any of that is, you really got to be in the stocks psychology, my europe uh, like you, you deserve being at least somewhat educated on some of these things. Okay, let me go to september for tesla and let's go in the money on tesla here as well: let's go to like an 800 call.

What does that? Look like 800 on tesla is gon na cost me uh. It's gon na put me about 90 over also not horrible, by a call on this 353 dollars. Yeah 903 dollars, ish that i'd be over but uh, i'm sorry, 90 that'd be over because my break even not 900. My break even point would be 1153 we're trading at 10.61, so we're talking about a 90 92 whatever somewhere around there, 90 dollar extrinsic value you're paying not bad.

The problem is tesla. Options are also very expensive because the share price is so high, not necessarily expensive. As in like relatively expensive compared to other days, it's just, they take a lot of collateral to actually buy anyway, uh. Okay, so, let's see let's go see.

If we have any headlines that we can look at tesla deliveries on uh on sunday yeah there you go yeah, i know tesla's going crazy to try to uh get a um uh. You know the biggest delivery count i mean end of the year is big. Everybody wants to take their deliveries at the end of the year, um, not not that exciting uh. Let me see here, i didn't see any puts on the cruise lines they actually uh.

She bought holes on disney, which is also a cruise line right but uh. Let me take a look at oh, let's peek, at uh, lucid lucid. How are we doing over here on lucid, so lucid was fun to short here, because this was easy. This was like a no-brainer uh.

It was up a little bit this morning. I was thinking about shorting it, but i didn't do it, but at 38 i don't know how much downside you really have. If we get deliveries, are we really going to pull down to 30 dollars on lucid? You could? So if you wanted like a yolo, i'm tired of yolos right now a little exhausted. So i'm probably not going to do it myself, but i would be very, very tempted to buy a put uh and i don't know.

Let me see here: let's go with a forty dollar put for january, okay or or when are there earnings hold on lucid earnings, let's find out um. I don't know if we have a date uh, they probably don't have earnings until february yeah, because they last reported on november 15th, which kind of implies february yeah. Well all right, so i'm fine, let's get the february ones. Let's look at those 49 day put 40 bucks.

Oh, it's gon na cost six dollars! That's a lot! Uh! Sorry yeah! It's gon na cost me six dollars to do this. So if you wanted a yolo, i don't know, in my opinion, buying the the 40 puts on on lucid on missed deliveries is something that's gon na it's gon na print no guarantees i'm too much of a baby to do it, even though i really think we Should i i don't know, i'm just i'm not going to go into margin to speculate. I've already gone into margin to invest enough, so i'm not going to go in more to speculate. So that's only my thought.

Let's look at a btc here. Oh my gosh cardano. Really got shaved down 129. nice you're, getting a nice little crypto sell-off see here.

Do we stabilize yeah, oh okay, we kind of stabilized a little bit very interesting. I wonder if we have um, i wonder if we have uh. What's it called uh liquidations? Hmm, okay! Let's go to uh crypto liquidations coin glass: has it uh huh, not really not really seeing a lot of liquidations? Here i mean you are seeing some 142 mil that was kind of low now for liquidations day, it's kind of like a typical day in the office. Look at bears workshop elsa looks good underneath uh.

I think you all are wrong. I highly think you're wrong. I think they're rearranging cars in that parking lot or they're not able to get all the pieces on those cars, and so they can't deliver them. I think bears workshop is uh doing some funny math, i don't know, i don't believe it if you believe bears workshop, go buy calls if you believe my random speculation by puts and if you lose money.

It's your fault. If you make money, it's my phone anyway, um yeah a lot of things sitting at their floor, just hanging out and little news. Let's go grab, let's, let's just go: explore weenie babies, clearing trades for the year, oh yeah, absolutely! So what do you got here? Omicron spares the lungs study says suggesting why it's less severe. I mean this is kind of old news.

We actually covered that like at least two weeks ago, studies from south africa explaining that that uh omicron is more in in your like bronchial passages, rather than deep. In your lungs we went through the study uh. I started other people on youtube. I mean it seems, like everybody beat uh the mainstream media to that news anyway.

Travelers are scrambling to find kova testing sites, so they can get results on time, gosh that it just that sucks. Do you need a test to fly um just within the country right now, like uh, let me see here, tsa coveted testing requirement. I don't know what the testing rule is face, masks required. I don't think there is, i think it's just international um yeah.

I know i i don't think there's a requirement. I know. Maybe somebody in the chat knows anyway. No i'll probably won't do a maxwell video.

We were thinking about it, just international, ah, okay, okay in hawaii, so certain areas yeah. Thank you for clarifying that. That is interesting. Well, that's good! Gosh, traveling traveling during the army.

Oh man, all right, y'all! Look at this! Oh there you go! Look at that spy! Sell off there, you go there's that that clearing so what's happening to aapl. I mean it's not like it's at lowe's of the day or anything, but it is interesting cell pressure here last day of the year, tesla down about 1 5.5 yep. Definitely seeing that institutional drawdown towards the end of the day, i have not seen an institutional rally at the end of the day in a while, it's been a lot of selling off into the clothes somebody's asking. Should you wait until the last second to sell losses that i've chosen? I mean i wouldn't cut it too close, because you know your phone glitches out or something like that, and then you uh you.

You can't get your trade through and then then you're gon na you're gon na cry. So i i personally if i was gon na tax loss harvest, i would do it right now. Um. I would close out options.

Look you're gon na pay, theta decay over the weekend for for call options and uh. I just closed positions. We talked about a little bit of a strategy that you can play with with the options in the course member stream a little trick. You can do but uh we'll save that for quiz members.

This is why, if you're not a course member, yet you know you realize every single day in the courses. I do like it's almost like an extra 15 minute video and it's sort of just deep into. What's going on in my brain uh on uh on the market, and so what a lot of people do is every day they just listen to the first 15 minutes of the course member live, and it's like. Okay, what what where's the the mindset heading? What's the direction, what are we seeing it's kind of cool, so it's almost kind of like a bonus video like a bonus behind the scenes, video uh and then we get into like real estate, analysis and q a and things like that.

But that's that's. I think what people really enjoy those live streams. I know sometimes i get asked they're like people are like. Oh but kevin.

You know when you buy. It says you only do live streams for three months. I say that because i don't want to be committed to doing them forever, but then again i've been doing them for the last. You know three years now, so i really enjoy them.

Yeah and they're actually useful for me too, because they give me that time to really vocalize all the research that i'm doing but anyway uh any of the courses you get gives you that lifetime access to uh, whatever is content, is in them, but anyway uh. Let's see what other pain we're getting here into, the clothes does look like. I wouldn't be surprised if you get amc lost selling. You know nice little trade down here at the end, yeah everybody's out drinking already.

No, no idea what you're talking about uh everybody's already partying, i mean i would imagine like if you're on the east coast, like seriously like we really care right now, um, it's it's the way it is so this is the. These are the last three minutes of trading in 2021 and honestly, good riddance 2021 has just been hard uh. There's there's been money made lots of money made happy about that, but it is been a very hard market for for a lot of folks, especially on on smaller stocks. Uh.

Anything small cap is just getting sold down for look at those sparklines here. At the end, my goodness look at this um come on. Yeah. Look! Oh look at that.

This is target right here. Wow i mean again you had it's not like it's like some insane sale right, uh! It's really not like it's that that big of a deal we had some more selling at the open. You know. So it's not like these prices are ridiculous, but yeah you certainly have more selling pressure than you do.

Buying pressure right now on everything, crypto uh. You know small caps, palantir yeah, oh my gosh, invite cheese everything here square, it's all just dropping into the clothes kind of funny. Let's go rk turn down. Well, that is an interesting end to the year.

I'll say that for sure that is, there's no santa claus rally. Let's take a look here. Oh there's, there's your s. P! Nice little plummet there.

It's not much! It's! You know! Quarter percent! It's just when you look at the minute chart. It looks like a big deal. It's like tesla somebody says ggpi is moving. It's a rip-off people get so mad at me when i say that, but at least i'll be honest to you, i'm not gon na bs, you all right.

Yeah. All the big megas are down too. Let's see btc usd. Let's take a peek over here.

It was an awesome year, looking forward to trading and learning in 2022 about your course and excited for it. That's awesome. Thank you so much, mr tass. Thank you for joining appreciate it.

Santa is down with covid busiest year. I've ever had no, it was. It was a great year in many respects. Uh, like it's it's a year, it's a year to celebrate it's just a year to be thankful that we're over with you know, from from delta, from the insurrection uh from the the uh crazy trials.

Uh, the um, you know, uh, you know cryptocurrency how many people have gotten exposed to crypto uh compared to previously not to um to all the the trades and the live streams we did together. You know, i don't know who was here and i know we got ta go to the bell, but i wan na ask who was here when i live streamed the entire insurrection all day long, and i wasn't even expecting to film that it just was just like. Oh my gosh. This is happening right.

Who remembers that here we go. Last spell: let's a go of losses, just like losses on the day games for the week for the s p and the dow and, of course, resoundingly strong gains for all three of the major averages from the year. I didn't have my earpiece, so i had to listen to it too. I want to hear the last bell, so there it is uh it is.

We are down down 0.16 everything red for the last trading day: dab down 0.16 s, p down 0.26 nasdaq down 0.61 and the russell 2000 down point. One five btc still dropping uh watched. It can confirm. Oh that's awesome! That's so cool uh yeah! Why i watched it all live with me? That's that's so cool yeah.

I so, first of all i think ggpi. First of all, i think the european uh market is going to grow substantially slower than the us market, so i want to invest in the us market and i do not believe it is a company. That's going to heavily succeed in the united states. I think if you want that international exposure - that's fine, i don't.

I don't want international exposure in 2022., i'm a big fan of uh american markets in 2022., at least this could change. This could all change. I could change my mind but uh. That's that's my feeling.

Right now, look moscow happy new year in moscow, that's cool, that's that's a really cool shot but anyway, and - and i also think that the the vehicle unfortunately is, is not it's not going to catch on for mainstream adoption here and i think more europeans are going To actually be interested in teslas than i think, pole stars, oh you know volvo or tesla. You know i don't know. I know a lot of people are i'm just not. I just don't think it has that sex appeal.

It's a stock. I know, but it matters. There's a reason, rivian and lucid are valued at what they are uh your expectation on lucid expiration at the end of january 2022. Uh, i don't know 25 shout out my wife mary.

Is it marie or mary i'll shout it out both ways shout out to marie shout out to mary: what's up uh happy happy end of your 2021. thinking about starting a mining company? When is mining going to be obviously yeah? I looked into mining as well. Personally, it's um extremely competitive and uh your your breakeven costs plummet when uh, i'm sorry, your break even cost skyrocket and your your profit plummets. When, when you have, you know price action like this and the crypto market um, you just have to be careful.

I think it's very difficult to have a very competitive uh advantage, you're really reliant on the suppliers, the manufacturers of these products. If you could make your own miners that are somehow more efficient in your own chips, you know well you'd, probably be a chip company but uh yeah yeah. For me, it's it's a commoditized market and you're you're the slave to the pickaxe seller. You know who whoever's got the best pickaxe i got ta go stand in line and suck up to get the best pickaxe.

So i that's why i chose against that and i chose to start different types of companies uh still really looking for. I have not gone through the emails today. I know we've gotten more, but still looking for full stack developers experienced full stack developers who want an awesome salary willing to relocate one equity in startups send an email to kevin meatkevin.com, so uh. Let's do a little final check here, julian and christina shout out to them all right.

So what do we have? Uh? All right, build-a-bear build-a-bear did well. I mean build-a-bear was one of the stocks that did very well this year. You know what we should do is: let's look at some annualized numbers payment for order flow was founded by bernie madoff. Is that true? It cannot come enough.

Isn't that just true or not uh, all right. So let's do some. Some year-to-date looks all right. So, let's see how things did year to date, folks tesla is up 44.

Let's compare that to apple apple up 37 amazon. Only up four percent in video, though 124 percent palantir down 22. Let's get the s p 500 in here. I think this is going to be a fun way to end the year.

S p 500 ends point seven: nine percent holy moly. Oh, my gosh, i don't think end phase did ended the year that that high uh, because we, i think we we went into the year um at like honestly, like 160 or 170, or something like that. Yes, he endpays only six percent for the year. That's that's! Loserville uh matterport 91, very nice, very nice, matterport uh, so far so far, 29.

Ah so, if i match the s p uh, let's do ford, kicked butt home depot. Microsoft. Look at that ford, 143 percent home depot. Look at this! The boring stocks! Folks are the ones that killed it this year, the microsoft uh, the the fords uh.

It's incredible, really incredible! Uh, let's see how kathy ended the year arc k. Oh my gosh down 24 arc g 34. Let me clear some of these out of the way uh r, f, uh. Okay, there we go 17 omg q is the i think this one's positive.

Oh my gosh barely point four percent: oh my boomer stocks. There you go, the boomer stocks did well. That's a good one. I like that uh amc anc did very well this year.

That's very true. Look at that twelve hundred percent folks gme 760 gm 44 gm ran as much as tesla this year. Omg wow, that is insane yeah tesla, was one of our biggest holdings and still down 24. It's just insane yeah.

That's that's just ugh yeah! All right! I don't know anything else to look at etsy. How did etsy do this yeah? They should have done well. Etsy matched the s p, okay, 27. could've done better um.

I think a firm is like flat. If you look at it, yeah 3.41, all right people, mocked noah as well. Kathy will be back yeah. There's no doubt in my mind, kathy you'll be back.

It's just a matter of will people be able to ride ride with him or ride with ride with her hiring carpenters, actually i'm down to higher construction folks yeah, if, if you, if you want a construction job, and you want to work in california for some crazy Reason: yeah um: we are trying to build out the construction team uh for our projects, probably looking for maybe two or three more people, so yeah biggest thing right now is full stack. Development did hire cpa full stack, dev is the biggest thing, but but construction is is an option too. Kevin should target hitting 100 mil in 2022, hey. Well, let's see what kind of rally we get in 2022..

I'm ready, i'm all in i'm all freaking in. Where are my jobs posted they're posted in my email, so you send an email to kevin, kevin.com, uh, yeah, all right cool? Well folks! Oh no! I know i know: that's it's tough to compete well, but uh people working at apple ain't, getting equity in a startup right so depends what you want. Do you want a yolo call option that doesn't cost you anything a little opportunity costs at apple. You could probably always get your job back at all right folks, we'll see you thanks for being here.

Bye.