Oh, hey everyone everything's good over here. No problems, everything's good, it's just a normal, a normal little sell-off; ah, hey everyone, so uh! Obviously uh the market has turned red and uh tesla's down pretty substantially. The uh beautiful thing about days like today is remembering how quickly uh th the market really can crash uh and we're not really talking about the market. Here i mean market's down half percent.

It's not really that big of a deal but uh in terms of individual stocks. It's always an important lesson to remember: take profits uh, especially when you are exposed to very volatile options so uh, for example, i had over uh, let's see starting around may uh april 20th and then the middle of. May i exposed myself to about two to two and a half million dollars of tesla call options. Those uh as volatility declined, were mostly red uh.

Throughout the summer they were pretty red because tesla fell from 720 to like 569 dollars, 555 dollars, uh and and hung out around in the 600s for a while, and there was a lot of pain in tesla for quite a while and volatility declined to the point. Where, even when tesla was 10 percent more expensive than where i'd execute or bought the options, uh tesla, my tesla options were still pretty red and so recently they they ran. Obviously like crazy and that's because tesla skyrocketed right. We went from 880 right before earnings hours.

Mid-Eighths right before earnings to 900 950, 1000, 1050, 1100, 1200 uh in rapid succession, all the way up to about 1250, which was pretty insane uh and elon musk, even sort of forewarned, his uh that he was ready to strike again with his oh hope. It's not running on the hurt steel, news right and so important to know. If you've got a lot of exposure to stocks with options, it doesn't take much for your options to evaporate. You could have the best call options in the world the company offers or does an offering your call options, get screwed.

You could have the best put option in the world: the company could miss earnings and after missing earnings, the stock could skyrocket, because that's just how funky the stock market is and uh that's where, when, when you have options, people regularly ask me they're, like hello, kevin Uh, you know: when should i take profits? When should i take profits on options? Personally, i like taking because they're so easy to buy. I mean every i love it so easy to buy and stuff. I like taking profits, often uh and sometimes a little too early uh, but uh, often yeah, and so when i say too early, it's it's oftentimes, probably just a somo thing, because you you have an option. You got a good play, then uh, it starts running.

You take profits, but then it keeps going and going and going, and so sometimes people get really sad about that uh like, for example, i sold of all the options i had for tesla. I sold some of them at uh, 950, 1000. 1050. 1100.

1150. 1200. Right. Incrementally i sold off the options and uh it's like well, i mean you could have just held on to all of them sure, but all it takes is one negative cycle.

People stop buying call options, call option, premium falls faster than price actually falls and all of a sudden before you know it, you uh you end up with uh, with with red all over your options again, so, fortunately, i've exited almost all of my options very, very Profitably with tesla, because i wasn't afraid to take a profit - and i think that's just an important lesson, because we can see how quickly stocks can really sell off and then often it's pretty common to get into these. These uh mentalities of oh well, if it just gets back to where it was remember folks, stocks don't have to do that. Stocks do not just have to go back to where they were so. Keep that in mind when you're investing.

I mentioned this morning that i thought there was a chance. Tesla was going to fall under 1 000 per share folks. We are almost under 1 000 per share, especially since guess what folks we are going into the end of the day, sell-off period for the stock market. This is generally when you have institutions who have to start executing trades for their customers.

Remember folks, institutional investors got into tesla like crazy during the run because they were idiots to not be a part of it, so they had to prove to their clients that well, no we're not idiots we're we're part of tesla we may have bought tesla at you Know 1200, but don't worry, we're part of the tesla run right. Institutional investors had to join the run, to show their clients. Don't worry. We have exposure to tesla.

Well now the opposite starts happening. You're going to have clients calling their institutional investors saying wait a minute. Why are you invested in this company? That's so beholden to the ceo asking people on twitter, whether or not he should dump 10 of his stake right and that, in my opinion, is going to lead institutional investors to sell again. And so you get this hilarious kind of rotation.

Uh. Often, though institutional investors and their trades get executed right before the close, so i wouldn't be surprised if right at market open and at market close, we end up having some of the most pain for uh for well tesla, stock uh, but uh. So keep that in mind. So when you see these drops here it not only can it be traders getting out, but it's also often institutional investors that are bailing again because they're just total weenie babies and they're really trying to trade.

Often often - and i don't want to say all of them - but many of them they're often trying to trade with where the trend is to prove again to their clients, don't worry we're exposed to all that profit, that's happening over there. It's just like the dude who went on cnbc talking about how upstart was such a great company record revenues. You know going up 28 right after they invested into it, they're geniuses, they're such good investors and then the guy on cnbc the whole says: hey uh. So what exactly is upstart? What does upstart do and the dude chokes up uh and starts wondering if his connections, you know going bad? It's so embarrassing because you you get this trend chasing in institutions and when things turn red you're going to get institutional sell-offs as well.

So i personally think there's always this likelihood that the pain for tesla continues, which will be a wonderful opportunity for individuals who have been asking over and over and over the last uh. You know probably two weeks here. Is it too late to buy a tesla? Is it too late to buy tesla it's not too late when it falls under a thousand and it's at a reasonable level again where we can actually shop and we can get a reasonable rate of return? In my opinion, a reasonable rate of return - and we talked about this this weekend - is somewhere around 15 compounded annual on a conservative forward projection basis, so in in my opinion, uh that's going to look like uh buying the stock for around a thousand dollars see. This is my spreadsheet talked about this this weekend.

When i pulled up the spreadsheet and i broke it down, if the present value the stock is a thousand and the future value is roughly 2 000 we're looking at roughly a 15 compounded annual rate of return over the next five years that i like that, much Better now, personally, i'd rather go buying a tesla at 700 600. I don't even care if it falls that low, because i have shares and that's the beautiful thing about not having options as many options. I've got a few options left, but it doesn't matter. Uh is: is that with shares? You don't have an expiration, there's no expiration time frame on shares shares are not affected by volatility.

They're not affected uh. By by all these, these random different uh elements that go into uh like the black shoals model for determining options, pricing, it's very simple price, go up or price go down, so shares are nice, they're comfortable, and what you should be asking yourself in my opinion today Is do you have more shares than you did yesterday or did you lose shares? I didn't lose any shares because i'm also not i don't sell when things uh when things are plummeting uh, i sell when things are profitable. When things are. I know tesla's, obviously wildly profitable right now, but i like to sell when uh when nobody else is selling.

Like i sold a little bit of a firm, i sold a little bit of etsy, i sold a little bit of enphase sold a little bit of all the tesla options, all just over the last few weeks, because remember folks, uh, you know four weeks ago i Went four and a half million dollars into margin? You know i paid that all off and then just recently snuck back into about 600k margin and it's because green does not last forever. So if you ever, i specifically want to say it to you. Ask yourself: did you utter the words to yourself, or did you utter the thought seriously ask yourself this because you're lying, if you don't answer this uh to yourself, did you think about buying tesla at 1200? Did you think about buying uh? You know some of the stocks that have been running like crazy uh. You know over the last over the last.

You know even a few days like monday or uh what uh, maybe friday or thursday, did you think about buying things when they were still in the euphoric phase. If you did it's okay, to be honest with yourself guess what i seriously thought about buying nvidia, but i i looked at i wrote down, i put them on my piece of paper. I i go. What are my rules? Is it way up? Is it parabolic? Do i buy when things are at the top? No, i don't so and then i go.

Is there fear? No, is there greed yes and like when you write it down? It's like i'd, be an idiot. You know to buy so, but the thought still crossed my mind because emotionally that feels like the right thing to do, just because we call it the stocks like my program, for example, stocks and psychology money. Just because i call it stocks and psychology of money does not mean that you won't have the wrong thoughts. What it means is, you know how to respond.

You know what to do and that's when, when investing becomes really really exciting and very very important, so uh i don't know, hopefully that that was uh. That was insightful for me. I think this is very, very healthy. What we're seeing in the market right now, i'm very very happy about this now.

I feel i feel very sad for the people who have lost money, but i like, when prices come down because prices come down, uh price is coming down, means that euphoria starts leaving and uh greed starts leaving, but then guess what else i get. I get something very, very special. I get something very beautiful. I get new support lines.

Okay, i like support lines. Are we going to psychologically break under a thousand for tesla? Maybe not maybe 10 11 is the bottom, we're at 10 14 right now, we're basically right. There right i'm now watching that level uh. What about what about paypal? Is paypal going to break the psychological level of two hundred dollars? Look at that bounced off 200..

I mean look, look at how many times it's essentially been a 200 here, uh that well you got ta, you got ta, you got ta double you solid, double bounce. Today, almost a triple bounce. Look at that one. Two three! You skidded along the floor over here.

Right uh lemonade, even though lemonade is so insanely down right now, eleven percent - it still has not gone under sixty dollars, and i've been waiting for lemonade to go under sixty dollars because i'm just gon na buy it uh neo. You know bought this thing at 36. Bucks, it's been stuck that's sitting around 41 42 bucks. That's okay! Is that a new support level in this sort of new maddening world.

You know robin hood drops to 34. and uh. It was like 34, 70. 34 50.

Something like that is that a support level. Quite possibly you know, they've just been drug through the mud like 2021 has been a horrible year for robin hood uh and then and then, of course, you know. I know it's addicting to look at stocks like roblox that are up at 41 and go oh well. I'll just sell my losers and go here: no, not what i'm going to do at all uh i i will not go chase something that's up.

41, in fact, i'm much more tempted to look at things that are green and ask myself okay. So, let's see, if i'm tempted to sell - and i look over here at things that are green - what to me looks like uh, something that i have that i don't really love that much like how married am i to c3ai uh. How married am i to the random leftover snowflake that i have? Actually i don't know if i have any stuff like that, i have to look. I still got to finish my dumb spreadsheet, but anyway uh.

You know whatever this is, where i'd rather look for opportunities to do a little bit of a little bit of selling. So, for example, if i was in roblox stock and i was on margin, i would dump uh. You know 10 20, 30 of my roblox stock to pay off my margin, and i wouldn't feel bad about that, because i'd still be 70 long on the position, but i would be taking money. That's not mine and paying off debts at a very profitable number like you've.

You've won right. That's that's what i would be doing uh and so sometimes people wonder they're, like oh kevin, kevin, everything's, so green. Why aren't you buying like? What's the next buying opportunity? Why aren't you buying? Why aren't you buying it's like when the market's going nuts and euphoric and everything's just green green, green, green, green, green, green, going up five, ten percent a day? I do. I just wait patience uh and i know that's that's like what no you you must get on the latest.

Yolo trend. Uh. Sorry, not me so anyway, just some thoughts on on how to handle uh days like this, because they're not they're, not particularly easy uh it. The best thing to do also by the way, is just don't look at your portfolio, because that that's painful uh, you know this is this.

For example, in my portfolio is like one and a half million dollars of of red. Do i really need to open up my brokerage and go oh damn now? Sometimes i do because i have to trade and i i purposely kind of try to not look at it, but who cares? There are sometimes days when it's up one and a half right. So who cares uh anyway? It's just a number, hopefully that helps you if you're having any sadness, because the stock market is going down and use it now as an opportunity to put your logic hat on and look for opportunities that are potentially oversold. And so this is where you have to ask yourself: is there potentially an opportunity to sell, puts on something like lemonade uh? Is it we know that volatility is up? Is it potentially oversold at these levels, uh if you buy or rather sell some 60 puts on lemonade, you're getting a 4.30 credit? You sell a call with the volatility that we have at 65 you're, getting a five dollar credit it'd be like selling for 70 bucks.

Uh you go over here to hippo hippo. I personally generally don't sell calls when things are in the toilet, because it's so easy for them to rubber band up from such lows. Uh i'd rather sell calls when, when you're at new highs, but anyway sell a put on, let's say, hippo and that's actually not that good at four yeah. Actually, that's not bad at 40 at four dollars, you're getting a 40 cent credit for december.

That's like 10! I mean it's not four dollars right now. That's not horrible! It's not bad at all! That's 400! If, but you have to actually want to own this stock. If you don't, then don't uh, so you put four thousand dollars in you're, getting a 400 credit right now. Uh well, no, she i don't.

I don't know that you can use shares as collateral to sell puts uh. You might be able to use margin as collateral to sell puts, which you have more margin if you have more shares so for the question that just popped up in chat but uh yeah, it would come from your margin so anyway, very very cool uh. Thank you for for watching this uh sort of breakdown of my breakdown of stocks. There's nothing, there's nothing! There's! No mental breakdown happening.

Don't worry at all. This is not a vodka monster. Don't worry we're good we're good okay, so where were we uh? Oh yeah? Okay? I know where we were uh, so the other thing that you can do when, when times are are tough uh is uh. You can go throwback.

Throwbacks are always good, especially when they help you uh in tough times so uh. Here we go. Oh man, your boy kevin just lost lots of money. Oh that's, okay! I am with you with you.

Oh man, kevin just lost lots of money. Oh that's! Okay! I am with you here we go come on push it find the dip buy the dip here we go come on push it down behind the dip, and here we go come on push it by the dip find the tip. Here we go come on push it. Oh, my god, what's happening.

First of all, it's making me sick, 140 percent of gamestop was sure. Gamestop was short, all right, all right, uh, so uh, let's uh, let's, let's actually get back to work here. Uh. Thank you, but, like you know what what a here's? A stand-up person, here's a person that that actually has the balls to say it, but not only the balls to say it.

The ball is to donate 20 to say yeah. I bought tesla at 1207.. That's! Okay! It's okay! It's okay! To look at it and go you know what hey maybe i did get a little excited and i bought it. I get it.

I sold a put on tesla at 12.50. That's because i have a sold call at 1200, so i'm playing the wheel, i'm gon na get assigned to those uh, but i could also wield those i have until december. So uh, you know it's it's! It's all good. It's all totally good, all right uh, but thank you thank you for that and uh all right.

So where were we uh? Thank you, our young, for the ten dollars. Thank you uh all right. So this is interesting. I notice here blink charging is also going down.

I wonder i'm gon na go ahead and take a look at uh the bloomberger, and see why why, for example, is it all charging? Let me see if charge points going down as well. Uh yeah charge points down about 6.7 as well. Now remember: the chargers ran on some euphoria because of the infrastructure deal. I did think that there was a likelihood we had a substantial amount of uh.

What's it called um trader, uh momentum moving into the stock oopsies and that uh that is obviously now evaporating. So, okay, but yeah, i do get regularly asked about what my opinions are of the chargers. Look, i own little bits of the chargers. It's just uh.

It's like a i i like them as a pie but like in an m1 finance pie, and the reason for that is, i i really think they're they're a commodity. I know they're not right now, at least, but in the future. There's gon na be no difference between an electric car charger and a stupid wall outlet like that's what it should be. It's it's a utility, it's literally the definition of a utility.

What do i frickin care if it's orange or yellow or white or or tesla? Who cares uh? So i i'm not. The biggest fan of of the charging companies and anytime a product or service can get commoditized price goes down. It's very, very simple price goes down, margin gets squeezed. This is exactly why i don't like investing in solar panel manufacturers.

Now don't get me wrong. I have a little bit of exposure to first solar, also within a pie, but i don't individually like to uh own these companies because anytime, you have a commoditized product like solar panels. What happens? Price goes down, margin goes down and the technology constantly evolves, which makes your prior products less valuable. That i don't like see like tesla, for example, as vehicles.

That's not very commoditized uh. In fact i wouldn't say it is at all. I think it's the opposite of a commodity. It's extremely unique.

The full self-driving is scary, but uh very, very unique. It is the the cutting edge of self-driving technology and really the company's great. There are a lot of funky things about tesla. The customer service.

Isn't that great the car quality could be a lot better, but these are just opportunities. Okay, so let me look at individual news on blink. I, i really think it's just momentum. Uh ev charging stocks, no there's literally no news, uh, it's just trading volume.

Quadruples is all it says: trading volume quadruples, so the traders went in it's that simple uh, so, okay, good uh, as regarding by the way uh, paypal and lemonade. I i know that i've been getting a lot of questions about. Are these a buy? I will be making videos on paypal, lemonade, palantir, probably redfin uh also have rivien to cover uh and crypto to cover. So i have a lot to do and i'm gon na do my best to uh bang out as many of these as possible because um, but i want good information too.

So sometimes it takes a little longer but anywho all right. Let's see we have, we do have earnings. Today we are going to cover those uh earnings. We have uh neo reporting tonight at 5, 30 upstart reports.

Today, honestly, i hope this loan consolidation referral company plummets, not because i want anybody to lose money, because i kind of like fintech and i kind of want an opportunity to look at and go. Is this a buy the dip opportunity plug power reports today, uh fubo tv reports today, unity reports today, wind reports today purple has fallen into the toilet by the way on price downgrades and now on reports. Today, uh callaway golf probably won't cover that highly on holding. I don't know if anybody cares about hyleon, i'm happy to cover it if somebody actually cared, but i don't know if anybody will.

Oh coinbase, oh that'll, be an interesting one. Remember, with coinbase you're waiting for you want to see revenues uh for their secondary and tertiary services going up and their uh transactional revenue is expected to continue to go down all right here. We go all right as we approach the close we're lower for the first time in nine days, eight day win streaking broken down a third of a percent for the s p in the dow two thirds welcome back okay. There you have it uh, the dow jones up a point.

I'm sorry so used to saying that down uh down a point, three one percent you've got uh s, p, 500 down point three: five percent nasdaq down point six russell, two thousand down point: six: three and uh: we do have, let's see here getting uh information here. It does look like is it did coinbase just drop coinbase? Oh, i don't have a summary for them. Coinbase investor relations. Second, here i wish they would give me a summary uh.

Third quarter earnings call shareholder letter, okay, release shareholder letter. Oh there's! No information on that. Yet, okay, so ernie's coming okay got it all right! So, let's see what we have here, we have again upstart is going to report today, plug uh, fubotv unity, win purple and coinbase are reporting. Today we have a lot of red, which is very interesting this morning, by the way the market was down.

Uh, oh i mean i shouldn't say the market was down this morning. The market was um, it was more red than it was green, which i thought was very interesting uh. So, let's see i don't know what olo is. Is that i don't know what some of these companies are.

Can you please take a look at a new coin? Called game coin: oh gosh coins scare me uh, i don't! I don't even know what this is ab celera abcelera, a bio uh. I mean i'll put it unless i don't even know what olo is. Why do i not know these things, or somebody asked me about olo the other day too olo is hippo reporting today, uh. Okay, when do you think elon musk, i actually think today was was when elon was probably having a lot of his shares sold.

I mean no no way to know that first for sure, but uh. Let's look at the volume. Let's quickly look at the volume before we get some earnings here, yeah coin just dropped their their 8k. I don't have a summary for it yet, but i just quickly want to look at uh.

How did things close, really quick, uh? Oh wow arrival was down. 28.3 percent newegg plummeted, back plummeted, tesla's down nine 11.99 paypal, wow palantir. I mean these are just big big, big big painful moves over here, yeah after hours what's happening, delta air is up seven point, two: nine that could be a bug poshmark down 14. I feel like that could be a bug as well.

Oh yeah, coinbase revenue disappoints 1.31 billion versus 1.57 expected that's a big old, miss there on uh on coinbase. The fact that it's only down about four percent is actually a little bit shocking. Then we have oh where'd. It go too many too many stocks up, but so coinbase revenue disappoints we're gon na have to break down.

Oh purple, just came in purple, came in oh gosh, folks, purple is getting destroyed. It was really a pandemic play uh, 170.8 million in revenue versus almost 200 million expected that's about a 15 percent miss folks, a fifteen percent miss on revenue. No wonder the stock is falling. Seven point: eight: six percent, no wonder coming in with net income of two point: one: seven million wow net income of 2.17 million for the quarter; it's very low, uh jeez, okay uh.

What was the h1 somebody wanted to look? There was earnings with an h but oh hippo: oh he posts tomorrow, okay, yeah only the first letter is showing right now, so purple got destroyed. Uh then we have coinbase. Yeah coinbase really misses a revenue. However monthly.

Let's see average monthly transacting users came in with an estimate of 7.53 million moved up to eight to eight and a half million. That's actually good guide and net transaction revenue per users is in the high 50s per month. That's decent! Actually, that's pretty decent. So i wonder no, but but that revenue miss is not being cheered at all.

I've, mostly uh, what hold on a sec: okay, yeah, that's guidance for the fiscal year. Transacting users, but monthly transacting users now came in at 7.4 versus 7.09 expected. So that's good. Coinbase trading volume came in a little higher than expected at 327 versus 308 expected.

Hmm coinbase is still dropping about eight percent, though uh win win comes in with revenue of 994 million. The estimate was 938, that is a beat. You haven't adjusted a loss per share of a buck 24 versus the estimate of a buck 32.. So win just beat and win is up about 1.15 there's no easy way to see if elon sold until uh he until we actually get the disclosure report other than looking at volume.

So the last few days we had about 21 to 25 million in volume. Yesterday. There was elevated volume, so i don't want to use 33 mil and i don't want to use the volume of these euphoria days so i'm trying to take an average here. Probably your your regular days of volume are somewhere around 12 to 20 million in volume, and we had 58 million of volume share volume on uh on today for tesla uh elon musk 10.

That's probably about 25. alexa 25 billion divided by eleven hundred fifty five billion divided by one thousand one hundred fifties twenty one million shares, so he would have to dump 21 million shares honestly, even if we didn't have 21 million shares of volume in the uh 58 Mil vol and you were at like 40, then you'd be at 37 million of volume. That would still be a very high volume day. So my expectation is, you had paper hand weenie baby institutions sell.

Today you had uh, buy the dippers introduced volume and you had uh probably honest. I don't know if all of elon's sale went through today, but i think a very good portion of elon's transactions went through today. I think monday morning. He he decided all right.

Let's do the paperwork uh, let's get the disclosures done. We need to do. Let's, let's put the orders in to sell and we'll sell on uh on tuesday. That seems logical to me uh, i believe uh, this uh.

This was probably a uh, an elon sell day. So i think the disclosures will show that uh and uh - i i expect uh, you know the pain could potentially end uh. That does not mean that the tesla momentum is going to come back. It's worth noting that uh it does not have to come back.

So uh, let's uh! Let's listen to this really quick on coinbase and we'll look at the other earnings magnificent run over the course of the last month. Earnings move significantly higher, so the bar was set really high and it was easy for these guys to miss and - and you see the stock down uh as a result of that. But there is a you know they are trying to diversify. They're moving into nfts they're going to be testing that stuff this quarter so um the future is, is still there's still opportunity for a company like this.

I think um over a longer period of time, down 9.4 for coinbase. Let's get to wins numbers which contessa brewer has for us all right and let's begin with breaking news here: matt maddox is out as ceo he's going to leave at the beginning of the year january 31st of 2022 uh and, as you can see, the stock already Moving on this news, it's down almost five percent, craig billings, who was the ceo of, or is the ceo of winning yes, because the earnings were actually good. Oh, when resorts will take over as ceo, he was unanimously chosen by the board. This is a company that has seen a lot of turmoil over the last three years, of course, with the ouster of the founder and then ceo, steve wynn.

Following a scandal that was revealed following several years, matt maddox took over he'd been with the company for a long time. He had been a right-hand man of steve wynn and took the helm um chosen by the board there to continue. But now the announcement comes that he will leave win resorts in january wow, that's crazy, okay, so uh. What do we have? Matt maddox will leave the that's very interesting cred craig billings will become the ceo.

That's not so good for win. How's win doing right now. So when it's only down about two percent here, so the market's actually taking that in stride, okay, so what else do we have here? Upstart upstart revenue, uh forecast is 225, i'm sorry, 255 to 265 versus 227. That's good! That's a b, upstart, adjusted eps comes in at 60 cents versus 33 cents, that's a beat up start revenue, 228 million versus the 215 million.

That's a beat, that's a triple beat on upstart. This company just doesn't stop triple, beat on upstart folks, triple freaking beat and the stock is down 14 percent. What this is so stupid? Okay, it's just so stupid. You got ta, be kidding me.

The a triple beat and the stock is down. 15.5 percent do not play earnings. If there's one thing you learn from me covering earnings just do not cover or do not play earnings plug power. Uh c's 900-925 uh of revenue in 2022, plug power down six percent after q3 misses plug reports, eps of 19 cents versus the consensus of nine cents, keep in mind their forklift business is a money losing business.

Can you folk, foo, foobo, fubo tv sure? Let's go to that one fubo tv uh: i actually don't see it yet. I don't see earnings. I just see. Fubu tv falls: nine percent ahead of earnings, it's just getting pre uh pre-sold off here who's on the inside.

That knows. What's coming, uh, okay, poshmark sees adjusted, ebitda revenue of point or adjusted. Ebitda is not revenue, adjusted emitter of 0.3 million uh and the estimate was 1.49 million, adjusted eva to 300 000.. Okay, quarterly uh revenue ex uh came in at 79.7 versus the estimate of 83.

That's a miss uh, although they are going from a loss to an estimated profit now, okay, so that makes sense, but the eps did miss 0.09 cents versus the .07 cents expected second hand: apparel retailer, poshmark, forecast holiday quarter, revenue below estimates as well. Uh, oh they're, expecting they're projecting a loss of seven to eight million dollars in q4 versus a profit expected of one mill. Oh they're, gon na be going back to a loss. Upstart is absolutely getting smoked.

Uh! Absolutely i wish i could do the whistle smoked uh. I'm also unsure why, given that it triple b and fubu tv is falling without earnings being out yet unity. Unity comes in with financial results of q3 revenue, 286.3 million q4 expected to to 285 to 290, as the guide and revenue did beat. We came in at 286.3 versus 265.8.

That's a beat! Congratulations on unity, unity comes in with a loss of six cents per share versus nine expected, that's a beat on the top beat on guidance beat on the bottom. That's a triple beat on unity, and it's down. Six percent: why is the stock market so stupid? Oh, my gosh, why triple beat on unity triple beat on uh on upstart and uh and and the uh the stocks sell off, uh uh purple mist. I did cover purple purple mist, but it does look like a little bit of by the dip is occurring here.

Oh yeah, yeah, yeah, yeah, yeah yeah, so uh wind resorts rotating back to being up two percent. Hippo is up 1.74 here in the after hours. Uh end face climbing back to about 240 still an incredibly high level here, neo sitting at 40, bucks looks like tesla might actually be red again. How did lucid end the day, lucid, loose and loose and loose? Remember and do me a favor if you're in the evs, which i suspect the majority of you, are i highly encourage you to write down what i'm about to say, uh right after i find out what lucid did lucy listen to this there it is uh lucid! Oh, it's only down 2.48 today, that's actually not that bad so know that uh, the eevee sector, the electric vehicle sector, is one that goes through substantial periods of hate and fud, around self-driving and battery fires and production crises and supply chain crises and hiring crises and And crashes, all that bull, crap, okay and through periods of intense euphoria, if you are invested in electric vehicles, you must know this save this clip replay it over and over again and let's, let's make it very, very simple: if you want to get rich hashtag, not Guaranteed buy when there's fear and sell when there's euphoria, very simple: it just requires patience, because the cycle can sometimes last four months at a time like the down could be four or five months.

The up could be three weeks. So keep that mind all right, uh. What else so that was, unity, unity, triple beats and uh plummets? So, let's see here, uh a firm's actually down three percent in after hours here again, unity triple beats. It's down seven point: four percent: uh upstart triple beats: that's down: 15 coinbase and purple and poshmark miss and they're down 24 on poshmark, 19 on purple and uh coinbase down about 11 a farm down about 3.

Here i wonder if it's just like sympathizing with upstart for a lower lending demand, but then obviously the market expected, even though it was a triple b. Maybe maybe people were had higher expectations for for parabolic growth or something like that. It tests it down about a third of a percent in the afters uh bitcoin sitting at 67, uh 67 for ethereum at 47.74 and dogecoin at 27.4 by the way uh all right do. I think that the passing of the infrastructure bill was a sell.

The news possibly uh, very possibly because people bought it up and and then and then there was a uh. There was a sell-off right after yeah, oh uh, yeah, michael w, my uh, my tesla buy sheet. Still, i think, i'm pretty sure it says: 700. It's either 700 800.

I think it's buy heavy under seven and nibble under eight, but i so far i've just been refusing to update it, because i don't really wan na buy it uh, with the exception of the covered, calls that i have at twelve hundred dollars and me kind of Wheeling that the covered call of twelve hundred dollars should be doing very well right now, uh. I do wonder what what it's like so not. Always, though, because volatility can volatility and other factors based on, for example, what the volatility was when i paid uh. Oh, it's not even over here.

It's just stupid, jp morgan! Oh that's gon na take forever to pull up, never mind anyway, uh. Okay. What else? Who else are we missing? So fubu tv is still not out unity. We've covered when we've covered coinbase we've covered absera, misses by two cents and misses on revenue.

Don't that's literally the only summary i have olo. I don't even know what this is, but it came in with a loss of 11.3 million versus profit expected of 3.63 million. That's bad uh revenue came in at 37.4 million versus 36.3, so how did so revenue coming in higher but net being way lower is a sign that there is some sort of margin issue here. Purple yeah purple got smoked, but that their report also sucked uh all right.

So actually that almost covers everything with the exception of fubo, did dash dash report dash. I don't think that it's dash today, oh you're, right dash there it is doordash. Oh, it just came out. It came out two minutes ago.

Wait. No, it didn't dash earnings call dash to buy walt enterprises for stock, valued at 7.2 billion euros, store dash to buy finished food delivery, app volt vault, it's w-o-l-t for 8 billion dollars. Okay, still no numbers, though, on whatever the krispy kreme report see how their cream was crispy. I don't like donuts is such a weird word just the way it looks on paper: okay, krispy, kreme, panera bread, announces back.

Investment will return to public markets through an ipo. Oh wow, okay, i don't know why that's coming up under krispy kreme by the way, krispy kreme reports with strong momentum fiscal year. I don't have a summary on krispy kreme yeah. I don't know, that's a tough one, sometimes the smaller stocks.

I just i don't get a summary on them and then i'd have to it'd just be a disaster to go through. Okay. I bet you like. I wonder if the other fintechs are falling as well on this, this fintech disaster here, no, not really square's, pretty much down stuck low, yeah paypal, tiny little bit! Oh wow upstart is now down substantially up starts now down 22! Oh my gosh! It's at 241! It's getting smoked.

This is what i really cared about upstart you could see when i was doing ta on it when it started doing this euphoria, i'm like i'm out, see ya tesla. Oh look at that. It's very very common! You know this always happens. That's okay! All right, so now what canadian, solar hippo yeah did.

We say: hippo was later or was it tomorrow. Let me see here: okay, hippo, hippo, hippo, hippo reports. Tomorrow april reports tomorrow, uh fubo tv, oh fubotv, comes in with a beat sales of 156 million, beat the 143 million estimate. Well, they do a lot in sales.

That's impressive, fubo, oh yeah, look at that. It sold off like nine percent in the after hours and look at this volatility holy smokes. It's insane. It's basically climbing back to break even here.

I don't know why somebody dumped right before apparently but anyway, very interesting. Neo is not for another hour uh. So neo will be in in a while in a while crocodile. Can you look at a t? Atip, oh and fubotv, reaches 944 000 subscribers and raises guidance, a t, ip physical therapy.

What the heck is this? What are you asking me to look up? There's! No summary on it uh i just have the investor relations press release. Net revenue was 150 9 million dollars. Well, they actually make a lot of money. Visits per day was 20 674.

What's visits per day? What is this? What is this company? We are passionate about potential okay, uh ati is making strides in the industry by setting quality standards that deliver predictable outcomes with patients with muscular skeletal issues offering outpatient clinical services and online physical therapy. Why it's platform connect online physical therapy? That's very interesting. Huh! 159 million of revenue nice visits per day of 20 600 and their net uh net decrease in cash was 24.5 mil. Net income was oh, my gosh negative 325.7 mil it's burning a little bit.

There nah never heard of it, but that's interesting virtual. It's like the t-doc physical therapy. I don't know because i see lots of salary, especially i don't know anything about it all right. What else uh uh yeah up starts down 20 purple's down 23 poshmark down 27 coinbase is getting smoked down.

13. affirm firm down 3.59 and so fi is down 1.54 a verb, 3.67 etsy, 1.08 and phase uh 1.04. Anything going up, not really the market's just gone, very negative. It's got its negative negative nellie hat on so yeah i mean look, even even if neo does well they're they're going into a crap market to report by the way uh so anyway.

Well folks, this is the opportunity for me to mention that you should totally check out that program on stocks and psychology of money. That is a program for building your wealth. There's also a program on real estate. Investing agent sales making youtube videos check those out link down below use that coupon code that is down below as well stock, doc and uh.

Hopefully, you have a better better hair day than i do alright. Folks, thanks so much we'll see in the next one.