Good morning, ladies and gentlemen, let me know if the sound sounds significantly better than all the past streams, because i finally sat down and actually decided to learn how to make my audio better. So i'm pretty sure it should sound a lot better. That's if everything went smoothly, so hopefully that's good so good morning, ladies and gentlemen, good morning way better too quiet. Okay, so does it get louder? If i do this so yeah did it get louder now, because there is a setting i have it set to so it might not get much louder now.

It should have gotten a little louder. There just make a chicken one, two one, two cool right: there yeah it looks like it's not going too high, but it's not too low. It sounds like it's almost yeah about the right so hold on one. Second, micaco1212 all right sounds good all right so good morning, everybody welcome back to another uh day in the market.

Happy to have you guys on uh. The stock edsa is currently up on the day kind of looks like it's getting ready to uh pull back a little bit, so you might want to keep an eye on. Edsa does again look like a stock kind of on the verge of pulling down and snapping a little bit all right. So the main things we're really going to talk about today are going to be um.

A lot of penny stocks are starting to move, which leads me to the discussion where we're getting into the winter phase. So anyways we're going to be looking at the market today we're going to talk closely about the market, we're going to look at all of sort of the penny stocks that have been popping up throughout this day and then we're also going to be looking at. Maybe sdc, but nonetheless there's a lot of activity. It's very exciting! There's a lot of cool stuff going on um, because very bad audio.

That's odd, usually not very bad, but hopefully it's not too bad uh, so yeah very, very exciting day. Let's uh, let's get into it so nonetheless uh. Here's the stock edsa just want to talk about this one really quickly. Just popped up on a bunch of scanners got ta turn that off got ta turn that off.

That's very annoying sorry, so anyways edsa pops up on the scanner starts running uh. This is a stock that just started popping. So if you look, we've reached the plus four and we've reached the plus three, so we've kind of gotten to a slightly overbought location on edsa. Here let me show you so we're going to add a little bit of a resistance here and then we're going to add a resistance here and check the daily chart.

We should have a resistance here and here so this might seem slightly confusing when we put all these lines on the chart, but we have reached sort of a a bit of a selling location for the time being on edsa and and that's primarily, why you're watching It fall down, so this right here is, i believe, a plus four deviation mark, so this would be purple. Then i believe this one was a plus three, so um, just just in a nutshell. This little top area we got to with that purple line. That was kind of the start of resistance.

Something with my computer is just being really odd right now i don't yeah my like literally my computer's, like randomly filling me orders right now, which makes zero sense so yeah you might want to be like kind of long edsa for like a half second, because i Have to cover a short that i didn't really want to be in, which makes no sense, but that's cool, because i even hit cancel orders. So i'm getting a bunch of orders going through that shouldn't have gone through that's cool. That's starts a nice 126 dollar loss for no reason, love it cool sweet, well, anyways edsa is still in a selling zone, but that whole candle that was popping up was not just me, but i was part of the reason that candle popped up now. For some reason, lightspeed decided to fill an order that was canceled for a 3 000 share.

Short love it when your morning starts like that anyways. So penny stock, edsa pops up in a selling zone kind of looks like it could go higher, but anyways you're. Looking for a break over the previous high of 867, if you're gon na be seeing edsa uh go higher here and really this has the potential to keep running all the way up to the plus three area. Um, i'm not sold that it's gon na.

Do that, as of just yet so still watching this for the time being, but kind of frustrating um the fact that i just kind of got screwed over there, so i think you will end up seeing this crack from the blues down into maybe 7.75. I believe, if, if it snaps down on edsa, the most likely outcome would be back down to 775 to 746., all right moving forward, we're going to be taking a look at spy and qqq so um. As we talked about last week, we pretty much said bearish. The market expect the markets to go lower, don't be surprised if they go lower.

I mean we played around there a little bit kind of got slightly confusing at the statistical mean kind of looked like it wanted to bottom. You guys know from last week i went long one of the days then sold before the end of the day, because i still thought we could go lower. This is the lower i was talking about. So i made a post this morning onto the youtube onto my youtube channel um, but really we're just now expecting the market on the s p 500 is going to fall as low as 430 dollars and 18 cents.

At that point, you will then start to consider being long, biased to market. It could fall further than that. It could go down by maybe a dollar below that it could stop - maybe 25 cents above it. So, nonetheless, as we approach the 430 and 18 price on the s, p, 500, that's when you're going to start wanting to shift your gears to being slightly more long bias in anticipation of a reversal bottom at which could lead to a all-time high or it could Go lower but nonetheless the 430 price point is going to probably be the starting point at which people market me.

Algos computers doesn't matter who it is. I don't know maybe it's them, but that's probably where the market's going to start to try to bottom a little bit so um yeah. That's that's really it i mean you know. If you look at cnbc right now and most of the headlines around youtube - and everywhere i mean it's pretty much going: oh my god, the markets are going down and ever grand this and the mar i mean yeah.

Yeah markets are going down. Um, not surprising. Markets have been going up for a long time, so um no need to panic. Pretty straightforward markets could go lower markets can bottom, don't panic.

Uh just be calm, expect when we get to 430 on the s p 500, we'll start to see more buying activity, which then would most likely create a reversal price. All right. Let's go look at the nasdaq all right, so the nasdaq is slightly different than that of the s p. 500.

I believe. Let me just double check because i'm kind of feeling like i missed something, but let me double check. No, i mean sure i could mention that one, but i really didn't see the spy falling that far but it, but i guess it could so i will say this realistically. This is this is like me, covering my ass here, because i'm pretty i'm i'm basically positive.

Like guaranteed the s, p 500 goes to 4 30., like i'm almost guaranteeing that the debate is whether or not we bottom at 4 30.. So me covering my ass, would basically say. I still think this is the buy zone from 421 to 430, 430 being the starting point of the buying zone 421 being like a very good price of the bottom. If it got there, i believe anyway, so that's more like the buy zone and the reason i'm saying that is because that's how i have the nasdaq kind of set up right now so to speak so anyways.

I think the nasdaq you're going to see whether or not it'd be today but nasdaq is going to go down to a price of 363-ish to uh 360-50, so pretty much the zone that the nasdaq's probably going to fall to today or the next zone. That i would expect people would might try to buy the nasdaq same as the s p. 500 is going to be down starting at 363 dollars and extending down to 360. only until we break below 4 30, or only until the markets go to 4 30.

On the s p, 500, and until they go to 362 into uh 360 on the nasdaq, only until those two indexes reach that price and we see trading activity in that area. Only at that point would we then consider to suggest the markets may or may not go lower to the further price targets we just talked about so before, even trying to consider going too far lower. We should just at least see what the price action looks like once we get there, i will say, would not be surprised to see these indexes down further down towards um the lower price targets we just talked about, but um. First, let's see what it looks like when they get to their next support, which again is 363 to 360ish right in that area and 430 on the s p 500 market about to crash.

If it passes 4 34 um, i mean yeah, i i yeah, i i don't doubt you on that one. I believe the markets are guaranteed going to 4 30. At this point, uh edsa just broke nine hit nine nice yeah. I don't.

That was like a bunch of that happened this morning with edsa, in my account like really really annoying, and it made no sense pretty much. What happened was i took a short here: um shorted, a bunch of shares, um going got filled a little bit. Then i covered them and then i forgot to cancel my order. So then i and then i got filled more and i covered.

It was still basically green. The same trade i had and then i hit, cancel and then somehow a bunch and then i look back and like another 3 000 shares got filled and i'm just like god, damn it so, whatever just a bunch of mishap and all so anyways still a good Day still happy because the markets are dipping and it's going down exactly as they should to where we would like to add more so really can't complain, uh, but nonetheless keep following edsa uh more on the long side. Let me check the long term chart see what we got um, so what's that up to about 10 or so 19. Really so, oh! This is something i forgot to mention um.

We are going back to the penny stock market. Okay, you should expect that this point going forward. Penny stocks are going to pick up. You will see penny stocks popping up pre-market running throughout the day hitting high of day scanners.

More often so, you should start to basically believe that momentum is going to be in penny stocks and there is going to be more follow-through on penny stock plays for the next couple months until about april yeah, till about march or april penny stocks are in momentum, And they're in play and they're in season. Okay, do remember that you're going to see them more frequently and more active now uh. I think the queues can touch the 200 sma daily. You said uh 200 sma.

I don't even think i have the 200 sma. So my 200 ema is all the way down at 336. So that's not going to happen and even the sma is not going to be anywhere near that so no i mean regarding your question. No, i don't think the uh, the nasdaq is going down to the 200 sma.

I think the nasdaq is going down to that zone. We discussed uh discussed earlier uh. Why is uh david and ashley if you're saying? Why is that in regards to penny stocks? Being in momentum and in season or just in relation that whole topic, there um the reason being is because it it just is that's just there is. I really i mean honestly.

I don't know why i don't know who's behind the curtains, pushing the buttons to make that the season or who decided that that should be the season or why we all end up making it the season, but it just is um winter season. Pretty much october is usually where it starts, so we're almost there. So i figured you know: yeah we're in september, whatever we haven't started october, but at least i'll just say it now, so that you know as soon as you start to see a bunch of penny stocks flying around, i can you'll be like. Oh, you did say it, so i'm not going to wait for all these penny stocks to start going crazy and then you'd be like.

Oh hey, it's pain. No, it's coming! It's going to happen. You'll see it very soon. Um.

So do expect that that way, you can start kind of training your mind, getting it ready right so that when they start jumping you're not like man like things are going crazy like what's going on, like that's normal, like that, is a normal or has been for The last four five six years, that's been a normal market environment in the in the winter penny stocks and so on. So i wouldn't expect that it's going to change at least right now, especially with the amount of market participation. We have across the board from wall street bets to you guys to me to anybody that i talk about. There's more market participation in the stock market that i've ever seen before, which is also a another sign that the markets are ever closer to their tops than ever before.

Um at least that's the way that the markets have acted, and that's the saying that's been said in the past. So unless that is going to change this time around, then we're pretty close to the top. Literally, if you go and read like most articles and blogs at least around the topic of public participation in the stock market, when it's at all-time highs generally, that's when the stock market's at its top right. When you have everybody that can possibly be invested into the stock market and there's no more new money to come, theoretically is the saying there so um.

You can also look at google trends and just type in penny stocks and go back years and years and years, and you will see that the google trends um penny stock search term will be most active and highest during the winter periods, starting anywhere from generally october, Or fading into april, sometimes it can be a little off, but for the most part you will always see the search term penny stock or anything regarding penny stock increase, as you get closer to october spiking in anywhere from december to february january area and then fading Down into april or so um all right, we will definitely need to talk about amc. We were going to talk about bitcoin. We will also talk about uh, i believe wait. So there's bitcoin, i know amc we've touched on the market um and then i believe i also wanted to touch on sdc and there's also a couple other penny stocks.

I've been jumping around a little bit here um. I know a lot of people are talking about this ever grand scenario regarding china, um there's a lot going on regarding that, i'm not the most educated on the topic. So i'm only going to talk about what i do know, which i think pretty decent info and pretty simple from my understanding, and maybe one of you guys can correct me um, it was like maybe 300 billion wasn't like closely. Basically put it this way.

Almost almost half a trillion or whatever so 300 billion is the amount of money um that ever grant in china has to essentially service that they can't service um, and so a lot of people are talking about, like the possibility of like defaulting or something like that. On 300 billion in mortgages right so - and i could i mean - i'm not a genius here by any means, but if this discussion around 300 billion, causing a catastrophic, let's just say on the extreme, not everyone's extreme, on this topic, but on the extreme, causing a catastrophic Market crash really 300 billion. You think you really think 300 billion is going to do it. I mean the feds bought 120 billion in, like you know, bonds for months on end, so you think 300 billion is gon na.

Do it we put 700, we put 7 trillion into the market over, like whatever, let's just say a couple years, just the pandemic alone, we put in a trillion: do you think 300 billion is going to do it not to mention this is in china now not That that doesn't linger - and you know spider web into other areas of the economy and globally, but that's just 300 billion, not to mention china's government would probably throw money at it not to mention. We know our government is willing to continue throwing money at things. So like, even if there was a little bit of a ripple effect, i mean their government would throw money at it. Then our government would probably throw money at a situation.

So i just don't really see it and maybe i'm wrong, but just i don't buy it. So any of this news thinking catastrophic mortgage, this default 300 billion - it's like bruh. We have 300 billion falling falling out of our back pocket here in the america in the united states. I just don't: i don't buy that one right, and so maybe that can put it into perspective for you like how much money kind of is already going around in this game, and you know so we'll see global dollar shortage counter i mean you know, i don't Don't doubt some crazy things are happening on behind the war behind this world or in this world.

We talked about that for a long time. Excuse me a long time, so i guess, when i'm coming to the conclusion, i'm not trying to wrap myself up too much in the whole evergrand uh thing i pretty much am just just going based on what i know and what i believe, and that is that This markets are bearish and it's going to continue falling down and the next price target we're going to get before people try to buy. It is going to be down right like at those numbers we discussed earlier, so i think we hammered on that pretty good. I'm excited about that things are good um.

Now, let's move forward to amc, uh, so amc obviously going down um it's it's really. I could get really technical right. I could get super technical on this. I don't think we need to.

I think it's as simple as saying you're, not at a good dip buy for amc. I think that's it. I think it's as simple as saying you can wait a day on amc and you'll be just fine. Amc is not going to be up 20 by tomorrow.

Amc is probably going to be down more or less than being up right, there's a better chance, it's actually down slightly today or tomorrow, as opposed to being up so, if you're looking for a gain, there's, probably not one to be had for the time being, or It's very minimal, or it's going to be a short-term gain on the day. That's then, given back later in the day, maybe harder to manage. So i just don't really see amc being at an ideal spot for an average investor to take advantage of we're on statistical levels, but nothing, that's strong enough to convince me. It's it makes sense, and especially with the way the market looks.

I already think the market's going lower. Therefore, that means equities in the market would generally go lower if the market went lower. So my analysis already points to the market being lower, which then generally would mean that everything else goes lower. I think you can hold off for the time being.

This very well could be a situ. Well, let me think a little bit closer and i mean i'm already getting very tech. It's just inevitable. It happens every time.

I think i think i won't and then i end up do because it's like, but then i could do this and then i can no, no so 3 35 48 is pretty far away, though i mean yeah, not really, but if the nasdaq and if the spy Fall to the levels that we had just talked about like a second ago. If they were to follow those levels, then i could, i could see amc falling all the way down to 35. Okay, i could see emc falling all the way down to 35. um.

Well, there's actually a way to know that i always say could, but then i never go as far as to look at some other things. So if you give me a second, i could actually figure out if that would happen. One second, so amc has a beta of 1.9 okay. So if amc has a beta of 1.9 and where's the s p right here, if it has a beta of 1.9 - and let's say the spy fell to from 433 down to 421 holy.

That would be 10 points. Oh of course it would then, because if it moved 10 points there, the beta is 1.9, then that would put amc wait. Let me think if it's that's slightly more, it's actually 11, so 1.9. That would be 0.2.

So yeah i mean you would be and you'd be slightly there. So yeah amc has a beta of 1.9 and the s p has a potential 10 point drop down to the lowest portion of support. So if amc went to the or if the s p 500 fell to my lowest price target on in regards to support, then um amc would in fact fall down to about 35, because the beta on amc is 1.9 and what that basically means is. If it's one to one or if, if sorry, if a beta is one, then if the market goes up like a percentage, then you can expect that your stock is probably going to move a percentage or if it went up a dollar.

Yours is probably going to be fluctuating around that same area, so a 10 drop on the s, p 500 would probably uh probably do it so yeah, i believe, or actually it's the other way around. Sorry, you might even go farther than 35 yeah. If we have a 10 drop on the s, p 500, you might even go farther than 35, but again the long term trend is kind of next to the three deviations. So i wouldn't expect that so anyways! Yes, it's very possible uh.

So i have seen i only put the standard deviation channel on weeble for like a half a second the other day. I haven't really had a whole lot of time to uh to play around with it. The way that i need um from a quick glance. It almost kind of seemed like it wasn't: crap uh so anyways we have the stock sdc starting to kind of roll over uh pre-market, and i would expect that this stock does in fact uh go lower on the day um.

You know, based on the way that it is trading i feel like you're, going to see sdc kind of break down and head more towards um prices, sorry more towards prices of say, like 650 so yeah, i was kind of expecting a breakdown on sdc to 6.50. Today and maybe even lower um yeah, i mean i believe that sdc is going to revert back to its statistical mean that it basically broke out of on friday, tried to run away from today. I could be wrong about that sure um, but nonetheless, i do feel like sdc is going to see a little bit of a decrease there now also put it this way if the markets continue running lower. Today, too, i mean you'd.

Imagine that sdc would probably see some of that weakness. You know it's one of those. Only stocks that's still kind of holding up this morning. It seems so i would believe if markets do end up kind of trading bearish down for the day that we'd end up.

Seeing sdc have some bearish trading activity as well, so yeah back to caster, troy there uh. So, regarding the the standard deviation on weeble um, i just got to kind of like sit down and actually like take a look at it. I only briefly put it on my charts: didn't do too much with it, but um i did do the update did see it did get it put on a chart there. So i have seen it.

I haven't seen it hmm yeah the stock eds side. This is a very interesting mova, so pretty much right now the downside targets are back to like 860s back to eights. So you know if this continues swooping down, it should run right back to about this level. Uh.

We just tried to hold kind of like a retest there, so that's interesting, zivo very interesting hold uh one second, hmm uh, so yeah z-i-v-o, uh kind of interesting this uh. This is something that should be followed uh for the day. Um gotcha that doesn't help, makes sense, yeah, sorry, i'm looking at z-i-v-o and on the long-term chart for z-i-v-o. It still suggests that there's room for it to essentially go on the upside.

What i mean by that is the long-term chart. We still have room that the price action can go regarding the long-term charge hold on trying to find something. Hmm, where are you okay cool? So let me bring up zivo long term chart here. So, looking at the long term, chart you'll see that we went to plus two here.

Theoretically, you know markets could go to plus three. If they go to plus three, the market would go all the way to twelve dollars. That's on the four hour chart now the um daily chart has plus three all the way at 14 and a plus two all the way up at 11.. So let me look back at this, so if we were to break 839, we do have long term levels that kind of suggests the markets have.

You know targets at 12, 15 to 11., so um. I think you could watch this on the long side. Still being optimistic about it do be careful, i don't think it has any news. So let me just double check yeah and on seven, it looks like is that 727 or on 8 27? They filed for 125 million shelf offerings so very well that they could be trying to get the stock pumped up to do an offering um.

So anyways being optimistic, somehow this could still be a long there's really no news on it, so be careful. Um over the pre-market high with a big break can really lead to a jump towards 11 to 12 very, very possible. There, hmm uh cei yeah. We could take a look at ci the last time i looked at it.

I believe it was in the selling location, so yeah. I expect ci's pretty much going to come down now, not pretty much like i'm almost guaranteeing. Today. It's gon na come down um, so yeah.

I think you should be very cautious on it. I think it's gon na sell down today going to as far as like maybe a dollar 33 on the downside, so yeah about a dollar 33 down or so is, is where i'd expect. You'll probably see that sell to all right really quickly. I'm gon na run through um a couple of these stickers here, see if anything's changed yeah.

This vstm stock is kind of interesting. It gapped up kind of sold down but kind of staying up. It's kind of interesting. Let me check the float and everything.

Well, it's right there. I know it's, not yes, it is, it is 178 million share float, that's probably not going to do it for us, but i don't know if we're lucky. Maybe it turns into something good, the other one this morning was crvs that broke up. That day, already kind of selling back down ooh easy to borrow that's the news, no news, anyways uh crvs this stock's up but uh.

It doesn't really look all that great. I kind of feel like that's gon na sell back down if it does sell back down. I have targets of like fours. I guess we'll just follow that i mean, if you guys really wanted me to do an in-depth analysis.

I'm just thinking you know, maybe there's still a potential short play on this stock that could be had uh throughout the day. So i'm just i'm just thinking of things at this point that i might be considering trading for the day we haven't even gotten down to this point. On the four hour, the daily chart one's gon na update, so it's here and it could very well be higher open. So we probably already fell to the daily chart one.

So there's the daily chart, that's the four hour, so we should be on the bounce. Now. Yeah, we'll have to just kind of pay attention that one closely throughout the day, um sdc, still kind of rolling over uh, take a look at cybl sure uh 26 cent lawrence. What's up my man, how are you doing good morning good morning, hmm yeah cybl hit resistance at 26 cents, so 26 cents is your resistance.

Your current pullback that it's trying to get to level might be or that's? Oh, that's not even 26 cents, that's like 2 cents, 0.26, um yeah. So pretty much your pullback level it's trying to get to is basically like .02 um. You wouldn't look to be anything longer than probably point zero. Three two two point that doesn't make sense.

I mean, i guess it does. Oh sh, you already hit resistance. I see yeah your resistance zone, your big time resistance zone starts from 0.28 to .033 right now, uh sdc really starting to fall apart here. Ladies and gentlemen, so yeah sdc is slid below the previous low a day very well.

You could see some weakness start from here. Oh man, spy 400. Here we go debatable, debatable. Hmm, no uh sdc, really picking up on the weakness.

Not really it's fine! It's not! That crazy, but it is it is, you know, obviously not strong on the upside for the time being. The question, oh, the question is: was it really just false breaking then you'd assume they would try to get it down there and then break it down? Probably would be after consolidation, spy just filled the gap at 4. 35.. Let me take a look see what you're looking at gap from 435 or at 435..

I don't see any gap at 435, myself, oh, unless it was no there's a that right there. I see. I gotcha that one right there, which is weird my gap, finder system, should be showing that unless i somehow don't have it on here, no, i do so. That's odd that gap there you're seeing it's the 727 candle.

Oh, i can't see the bottom of that. That's annoying yeah. I see what yeah i mean. I got it.

We are starting to come back with a lot of momentum, phil's gap. Oh i see why. I know why i'm not showing it. No wonder why hmm that's weird, it's showing, as should it be, though.

Well, excuse me to play around with that at a later time. Yeah i mean i still i mean i could see it bouncing a little bit here, but i really think it's still going to try to tag down to 430. yeah, no problem, josh yeah i'll. Take a look at it, i haven't had the time to uh, really look at it myself, but, like i said i will uh make sure i keep watching or well.

No, i'm gon na make sure to take a look at it. Excuse me interesting uh, so yeah. If the four hours well, basically, your long-term charts are always gon na have more power than your intraday charts. So you can always be up trending on a five minute and then be down trending on a long-term chart like that's going to happen very frequently.

So basically, you know when your five-minute trend has concluded, then the market will generally return back into its longer term trend. So i mean in regards to your question: um yeah, i mean higher time frames. Do give you indication of what's going to happen on lower time frames too yeah thoughts on slv uh, you know i mean, haven't seen gold recently or silver. Well, i mean i have but not like over like the past day or so um yeah.

It looks like well, silver is not good. Silver has a gap to fill now, but it's it's definitely more on the bears. Well, i don't really see the bare side, but let me show you this long term. Chart maybe like the 20-year so 20-year doesn't look good.

I expect silver is going to try to break this support here and try to go down towards 1943, so i am expecting silver to have some more downside moves coming. Um, gld gld is about maintaining the long-term 20-year trend at 162. I think that's a big kind of thing for the time being, i think the markets are trying to go down on gld um, we're actually filming yeah. We might bounce back to this mean first before doing that, yeah, i'm not.

I don't like the long on silver or gold for right now, gold's a little tricky on the analysis. Oh, that makes a little bit easier. Yeah gold actually just hit a little support down at 160 270s area. So i think you're going to bounce back on gold towards 165 50s for the time being so slight bounce back on on gold and maybe silver a little bit um.

But i'm not a big fan of the way they're set up for immediate long plays right. Now, it's more like a counter trend bounce, i think um, i again it's just i like 200 moving average 100 moving average 50 moving average 9 day moving average. Those are all good moving averages. All moving averages play again.

Here's a here's, a good way of looking at it is no matter what moving average. You have you're always going to find some sort of relationship of that moving average to the stock price, so they're all going to have interaction at some point some way somehow, and so in a little bit to the point where you're able to convince yourself that maybe It has value so i just you know for the time being, like 59, 100 and 200 moving average. Give me one second here, guys: uh jane your long-term investments are getting killed. Uh yeah same here uh! Well, i mean i mean everyone is so yeah.

You know. Don't we all are right, you know - and this is really what i said just like a couple weeks ago - i'm like don't worry like when everything goes down, we're all losing money together. So you can you can you know you can feel comfortable in that regard, because we're all losing it together? People who do dollar cost averaging people who do indexing people who do direct buying of stocks everyone's losing money right now. Right i mean people are also making money right now.

It goes both ways, but anybody with long-term investments, which is basically most people that have a job that offers a 401k if they're yeah for the most part, it's uh they're losing money. So there's that uh, but we're all gon na stop losing money here, at least briefly for a second, when this thing bounces, are you whispering? No, no, i'm not not whispering. No, it's possible that the i was just looking a different way: um take profits on any investments now and at the same time you know there is. That is that you do have to take profit on some of your investments.

At some point i mean, if you're a long-term investor for like forever and ever and ever and ever and ever and ever and ever then yeah like yeah. You could not sell, but you have to be willing to weather a storm where you see your portfolio. Go down 50 60 percent right, it's just the reality of it um. Can you take a look at starbucks? Please? What does it mean if the stock has a negative beta uh? I didn't even know that was possible myself nugget.

So that's new to me kind of interesting. I have to write that one down. I mean i'm sure once i learn it, it's not going to seem all that um like interesting, but a negative. I mean i don't even know how that would make sense in relation to stock terms, because if you had a negative beta, that means like the stock would be like moving like with inside of itself.

I don't. Even i don't even know how i could describe that. So i have to learn that one yeah okay, so it moves inverse to mark. I was going to say it have to move like inverse of itself.

I'm like it have to move within yeah inverse of itself. So clearly negative beta moves inverse the market gotcha. So but then that would probably be relation to oh, so let me see if this second, so i did yeah okay gotcha, so you have a negative beta anytime. You have an investment that is an inverse related etf.

So that's not something that i've really paid attention. All that much so you have a negative beta on inverse related uh securities or investments that have an inverse effect to an underlying asset or security, essentially amc showing good volume. Oh, let me check this yeah. I could see that too uh kojak.

Yes, that is true with with their update. They do have uh, i do have it ah, excuse me: um amc, i mean amc is holding sure uh. The nasdaq just started rolling downwards again so kana, oh man, monday mornings, i'll tell you so the nasdaq is just now starting to see some rolling over activity. More of that of, like bearish moves, um amc kind of supported that half deviation level that we briefly talked on earlier.

You remember, i didn't really see this as a great long setup and the reason being is we are off of this half deviation price. I just didn't know how this would respect with the markets being bearish. It was my assumption that if the markets remain bearish, the bearish activity would be enough to bring down amc uh on a day. Now.

Amc is a different beast than other stocks, because it's yolo moon, gang life gang lit gang everything, gang wall, street bats anyways. So when you mix in all of the gang um, sometimes it's like well, maybe the market. It doesn't matter so we'll see again. It was my belief we would actually kind of move lower today on amc, because the markets were going to go lower.

To that regard, i will say it is on a support level. It was a support level. I didn't think was that good or i didn't think is really worthy of buying off of so far it's holding some respect. People are buying it if the market swoops down out of the gates and runs down to 360.

Does the support end up holding that i think it doesn't so kind of just neutral on amc myself. Amc will recover not too worried strong of a community there uh. Yes, i believe that amc can recover um. Could you do us a favor by making sure you have your life um, so uh hater, salem yeah, so the reason that it got set to 720 the other day was because basically my stream software had like reset itself.

So in most instances our streams would always be 1080p, but for whatever reason it reset and had to reset the settings after getting reset but anyways, it should be 1080p going forward how low can amd dump. You think i think amd will go as low as the market goes and when the market bottoms, this will bottom so for right now, um i do expect amd is going to continue seeing some downside selling and that takes it to let's see where that's at and Then, let's see, if yeah for right now, my expected level that it would get to would be, and this one's there what's that there okay yeah so for right now i expect that you don't really see a big long pop on amd unless they were to break Back and through 101 dollars, but i believe it's going to go lower with first target being down to 99. Now, if the queues really really crack, we could see md all the way down to 96.. So i still think you're going to see bearish amd down to 98 or 99 with a max downside target to about 96 on the day.

Oh yeah, sorry, i just kind of got to vr px i didn't even i just saw it for the first time, but i probably would have ended up telling you it was overbought. I mean. Let me let me put it this way right when vrpx this morning got to here when it got to the blue mark. It was overbought.

So unless you bought it here here here here or here, it was overbought since it got to the blue, not that you couldn't buy it here, still have it go up and make money, but it was overbought here. That's why you're seeing the price come all the way back down to there, because the price is correcting back to where is really a normal market, so to speak on the day. Everything over this is extremely euphoric right. So that's why it reverts back down to the blue, and then these red lines are most likely your long-term resistance levels.

So, let's just kind of check for fun um, maybe not! Oh, it looks like it might have been a gap-fill sort of play. Let's see all right, so this is wait yeah. So this is more of like a gap-fill move than it did it's not a gap-fill but start of a gap. You can see it moved up to the gap, so this is a situation where it didn't actually follow.

Standard deviations more or less trading into a gap um, which probably explains why it reverted back down so quickly yeah. We could go further on that, but not much need. How do i feel about bbig, um uh, so b-b-i-e-e uh, bbi g is, let me think before i open my mouth sometimes open my mouth, a little quick. So i i am thinking more like long bbig today, uh yeah, so um.

I kind of feel like sdc's. Going to start long out of the gates today pretty much. This is uh, this yellow line of support and this yellow line of support, um yeah. So i think, if this bounces out of the gate, bbig is going to go back up to 760 to start the day, whether or not it goes through.

760 is another question um, but my assumption is: there's going to be a long move on bbig from about this area, maybe back up to 760. um. If this fails, so if this kind of consolidation move or whatever fails and doesn't break up, then i think the market will then fall down to 6 70 or something like that. So it's either from yellow line here to 760 up.

Then the market tries to kind of move back down or a break down from here to 674, and then you look for a reversal long. So 670ish 675-ish 680 is reversal long dipped by you're, already kind of in a reversal long on bbig. If this is the true reverse along and the follow through works, you should see a price target of 760. uh yeah.

We went over edsa earlier, but we can definitely um take a look at it again. Uh. Oh, i forgot. We have not even talked about uh bitcoin, so that is something that uh.

We definitely have to do so, we'll make sure to do that. Let me pop over take a look at sdc really quickly: uh sdc, yikes, yiker, maguster, magooster mcgeester. Another breakdown there from our friend sdc. I mean it's come down quite a bit again.

It was my belief this was going to go down towards like 650.. We got down to 683 there. Let me take a look at edsa here, one second uh, so edsa back at the previous high i mean yeah. So edsa is in a euphoric market.

This is where you're using intraday price action, five minute candles reading volume to make your best judgment and whether whether or not you should be taking a position, we're no longer at a point where we can judge breakout levels based on long-term trend, at least not where I'm good at it or comfortable doing it. So to me this is a point where um the market's entered prices, where you're on a swing trade you're more likely to win on a short as opposed to winning on the long side, but anyways. I think you still follow edsa long bias to start the day um. But as soon as you start coming down and pretty much going below the prices of 886, then you just assume it's bearish and it's going to start targeting down to like 850s and or 822..

So pretty much down through 887. I would assume the markets are trying to get to 860s to 820s um, but either way. Yeah i mean there's, usually prices. I would be more bearish at what is best case for edsa i mean edsa.

This is best case. I mean, if you ask me you're you're in best case scenario, already right. It's how long best case scenario lasts that i have no idea um, that's the way, i'm most comfortable, saying it, because you know i don't have the skill set or knowledge to basically tell you price targets. Once we've entered your euphoric markets, there's been a way.

I've tried to learn to pass a way to use market cap and give you an idea as far as something how far something might go, but never really found success with that, so we're just at price levels, where i'm not good at giving price targets above these Levels i mean i kind of am but they're they're, i'm okay, yeah, so anyways you've reached a euphoric market. This is where things trade more on momentum and hype, as opposed to whatever else you want to think stocks trade up based on, so that that's the problem is, i'm am i'm having to judge people's what people would rather do as opposed to what markets can do. Um, so you can look at previous price action resistance. You know if you look at like previous price action resistance.

You would see that this has been up to um like 13 15. 16. 19.. So that tells you, the price has gone that high, which means people were willing to buy it that high, but are people willing to buy it this high? This time i don't know, generally speaking, i would always just give you a max price target of like these levels right here so from like nine to like 11 or 12 area like that would be me saying: okay, that's where the stock can go anything that goes Above it great that's fine, but you don't want to be buying it up any higher than those purple and blue lines.

So i think you should be more of a seller on to edsa personally, as opposed to a long bias trader myself. Oops dig uh spce. Sure. Hmm, you know before we do svc.

I want to take a look at bitcoin, something i have yet to talk about today, um, so i made a post about bitcoin um. I didn't mention the level this morning because or maybe i did oh, you know - i did mention the level this morning so yeah if we were to uh hold on. Let me just pull it up, so here we are so this is it for bitcoin attention. This was that this was two hours ago: attention bitcoin.

If break four hour, regression mean look for bitcoin to 38 to 40.. I believe uh bitcoin breaks the mean now. I believe bitcoin's gon na break the mean in general. I didn't necessarily think it was gon na break uh today.

So either way you can see. Bitcoin is down at the mean, so it bouncing the mean. So you should expect that right now, you're gon na see a short-term, long sort of movement out of the bitcoin market. So if you want to be long, bitcoin, there's a pretty good chance, you can make money being long, biased a day you're slightly late to it.

Already the low risk dip by was down to like whatever 43 000. It's again remember remember when we were trying to dip by this bottom, and then we mentioned this bottom. All we're doing is targeting down to the mean the same thing that the nasdaq did last week. Every bottom of the nasdaq last week was the same exact thing that the spy is doing and then the nasdaq broke, and that's why you're seeing this big drop this morning, because this morning was the nasdaq breaking down below that mean so um.

Nonetheless, if, if am i sorry, if bitcoin actually breaks this level, that's where you're gon na look for a downside move again so right now, i'm pretty much looking to add long to bitcoin. I would love it to dip down to 38 000 swing down, create a higher low off of the negative one deviation. So this is what i would love to see is a higher low off that uh negative one. So i would love to see the market sell down to like there and then watch the markets.

Get you know bought back up something like that. That would be cool. So whether or not it happens is you know who knows, but right now, theoretically, bitcoin is on support. If it holds support, then this was your best opportunity.

If it breaks support, then there's a good chance. It goes down to the levels i was talking about. Maybe 38 to 40 or so or something i mean heck markets are really charging back here very nicely. That is, i mean: do we really get the follow through immediately today, our size, oversold yeah, i mean.

Maybe we get a short term counter trend bounce back, but let's see uh zivo on my end is uh it's hard to borrow. So i won't be yeah i'll, be doing that myself. Uh atr does have uh does have some potential sdc rolling over again their pre-market. Again.

Like i was saying i was thinking the 650. Oh man price, all right, guys, uh. We got a few minutes to market about six seven minutes. Uh, i'm gon na go ahead.

Pop over grab a uh well not grab, but just really refill my coffee and then i'll be uh back here in just just a sec. So give me sick, ah z, i v o starting to roll down a little bit here. Hmm, i mean overall, things for the most part are still kind of staying bearish for the day. Yeah we'll see if these stocks do like you know, i would not be surprised.

These stocks do like a quick dip, buy back on the day, filling up gaps and things like that um. But nonetheless, let's see i just kind of get my charts organized here. Market is open, the queues are rolling down to start the day. The spy is rolling.

A little downwards to start the day, so we'll see how the s p 500 uh respects this low pre-market low area i mean so far. Market held the pre. Well, the spy is bouncing kind of towards a pre-market low today, so not bad in that regard. Markets come back very strong, so nasdaq putting in a very strong kind of bottom candle there.

Let me show you still watching this sdc a little bit i mean sybx has popped on the scanner a couple times: edsa, that's struggling too zivo. I haven't seen since the open, z, ibo seems a tad bit sketchy as well, so not entirely sold on zivo myself yeah i seen sybx a second ago. Sybx is kind of picking up in momentum there very back and forth zivo now, starting to squeeze zivo watch that it definitely has more room to it. I believe uh you're, looking for a break through the intraday uh mean here around 675.

uh yeah, just kind of sitting back i'm watching this market. I want to see if this market continues weakness on the day. I can't remember which level zivo is at, but i know it's at a long term level. I'm pretty sure it's at maybe it's one deviation.

No yeah zivo might popped at 755.. I don't know why. I have that level there might have changed could have changed all right, so zivo was kind of like first deviation level. Up in this move might be right around that 7, like 50 level um.

In order to get there, you got to break through the statistical mean at 683. Uh sdc is starting to drop out a little bit. Um, like i said i was thinking. I was going to go down to 650 today or so um.

That's kind of a far price target, but maybe it does. I don't know all right, so zivo holly goes saying if you're in long on this or watching it long, i have a standard deviation level that comes into play right at about 750 or so so, if the price just popped in there, i would assume you could See some selling action in that area, um markets are still holding up they're in a pullback right now, but they bottomed really strong. So we'll see if the weakness picks up z-i-v-o still hanging out right about that statistical mean um is oh. There goes sorry.

There goes zivo pop to 750, now you're looking for a move through 750. That's how the the bigger that's, how you would make more money on this right now, but anyways that would be uh kind of the objective there amc z-i-v-o still holding well. So next move z-i-v-o. Let me find it well.

We still really haven't broken out we're trying to so. If we do, let's see well, oh yeah, i need 50. So a half dba should be right there. So next move would be into the 10 54 to a or wait.

No, no, no, no 861. That would be the next spot. Yeah about 861 would be kind of the next long target up there. Yeah markets are charging in to buy this dip today, and markets aren't fully going down to the support levels i wanted, but we're uh we're still trying to hold up here.

Uh sybx stock is still kind of trying to go up here. I say that's why bx is a little interesting, so kind of just keeping my eye on this sybx surf new high a day uh, i did see surf just hit. The scanner also ater just came on the scanner too atr popped up very good. So that's got some momentum following through right now.

Checking on surf surf, that's actually, that's a pretty strong move there up and through it looks like surf, might make it up to a price of 8.29 here, so yeah kind of expecting 829 surf um and then maybe a little resistance. I mean surf still looks pretty strong but, as i say, 829 definitely looks like a spot where it might try to have a pullback. So watch surf here, sir just made it to its kind of first level of resistance. So watch that for a slight pullback zivo again, it's next breakout play would probably break it up to 8.51 sdc just held an intraday bottom.

I wonder if that could lead to a bigger jump, keep an eye on zivo again up to 850 kind of watching this sdc it's holding really strong, and i really thought sdc would make it down to uh, maybe at 650 today, but it hasn't so there might Be a short squeeze on sdc coming this sy bx stock still has the potential to break out uh bbig hit the target, i'm not even sure what uh target that was that we talked about, but uh it was 60 there's something something with a 60 in there. Oh yeah, 760. yeah, so bbig long and then hit your long target yep there it is, i mean heck. The market is just charging along this morning, um very nicely can't i really thought we were going to continue lower.