Hey everyone me kevin here: welcome back to another market, closing live stream, my chair is messed up there we go and the market's crashing everything's a disaster. Uh volatility is literally skyrocketing uh. We are up 37 on the vix right now, which is crazy, because we've seen some incredible movements here in the volatility index just look at the day, folks, in terms of volatility. Okay, this is the one day chart on the vix look at the explosion that we got as the market opened up and it has not been a steady path.

It has been a short-term little bit of euphoria at the beginning of the day. Oh futures were red, prices went up, and then we just hit the pedal to the metal. The vix just started taking off that fear, index started going up and, as the fear index goes up up up which it is kind of rallying into the close as well. Of course, we have stocks drawing it down now.

Remember it's always worth zooming out on the vix to see that these volatility spikes usually don't. Last uh, you get these spikes in volatility. They tend to come back down. However, it is worth noting we looked at this last time as well.

In october, you had this run-up of the vix, followed by a run-up of the vix, and so you had a few trading sessions where the vix actually stayed elevated. Sometimes you also get this kind of shape, like we did in january, where you had the sort of double uh push-up here of the vix, but generally uh, this kind of spike being uh now larger than what we had in may wow. Look at that yeah. We are now at a higher level of volatility than what we had in may take a look at that.

I'm just going to draw a quick line here at the uh the may level there we have officially crossed the may volatility level, which may had some really nice discount pricing in the market and uh. The market is uh, clearly not very, very happy about all of the nonsense, that's going on which we've covered so much of it already on uh, this particular channel, but uh. We do not have a lot. That's green.

Today we are uh, pretty low, we're barely a page of green right here, the uh airlines being green, lucid hippo, dutch bros, so we got some momentum. Movers here that are green 23andme, lucid hippo, dutch bros have all been moving off of momentum. Here recently, i have to say i was not expecting hippo to actually go up today, especially since lemonade is just burning to the ground down 6.21. So i do find it very odd that we have this discrepancy in the pricing between hippo and lemonade, since usually they're kind of tethered together.

In my opinion, this is a sign that, like structurally and fundamentally, hippo should be down six percent today, like lemonade, is but it's not potentially because of more recent kind of momentum and by the dipping, uh and so we'll see how long that lasts. But i do think they're going to be opportunities for some better pricing here. If we continue to get this pain. Look at this folks end phase, just in the last 22 minutes went down to 149, almost a complete bleed.

Throughout the day, we did have a little bit of a recovery here in the end. Uh, yes, welcome. Thank you for being a new member here. Thank you.

Thank you. Let's look at uh the heavy downside here. Let's see, what's really burning here, support.com or gree is uh is is burning here. We've got them down about 20 and you can.

If you look at these spark lines, it's really just all straight down yeah. I i do not. I did not hold any uh s, uh smile, direct options going into uh uh or going across the weekend here, especially with that evergreen news that was sort of like on the edge of glory, so to speak or not glory whatever. The opposite is matterport down a full 10.

I think this is actually a little bit of a a low decline. It could go down much more than this, and it did earlier in the day, went down as much as about 12 to 13 amc trying to rally into the close a little bit here. We are getting a little bit of breathing into the closing, with a uh with now down to 40. and uh 12 cents here, palantir down 7.9.

I'm really happy that i closed my palantir options on friday, uh really great timing. There i saw the profit on palantir. I'm like this thing's, almost 28, i'm not gon na. Let this profit get away from me and you have to have to have to when you are looking at options uh and you own options.

You got ta, be look with options. You're always going to have to have an exit. That's the thing: there's always an exit you're, either closing the contract or you're letting it expire. But when you own call options and you're up a decent chunk of money, take the money, take the freaking money uh, and so that's what we did.

Last week i took my profits on pound. Tier options also took them on google options, which you'd think google would be relatively resilient in times like this still down, two percent actually fell even harder if it weren't for this little bit of a rally we had here into the close which uh let's go ahead, And look at the spot look at the spy uh. You do see that same sort of rally here into the clothes we went down to 428 and then we got a little bit of by the dipping back to about 432 right now. A lot of pain, though, across different stocks, nano dimension down 8.33 uh pound here, expi these guys down eight percent mp materials in a firm these folks down substantially as well about seven and a half percent, which i have covered, calls on a firm almost getting that Point again where it might make sense so i'll start looking at selling some puts, but anyway i have covered calls on the firm.

Those right now are up 27 up. 16. 600 uh. That's tempting to uh to maybe close that out, but i'm probably going to leave that because i have until october 15th and honestly, i'd rather see that be somewhere around.

Like a you know, 50 to 70 return. My covered calls on amc right now are up 47 or 11 600. That is a potential tempting covered call to close out. So i close out that call that's that's not bad uh only reason.

I would really leave that if i thought this pain could continue for another day or two which i do think is is potential or how there is the potential of that. I don't know if it's probable, but uh yeah, closing out some covered calls. You know today you could have some nice gains. I've got some covered calls on tesla as well, so i might kill those wow youtube censored.

The notification didn't show me the life yeah. This is why, folks, you got to download the meet kevin app literally. It is free, just type in meet kevin on the apple or android app store just turn on notifications and then forget about it. You don't have to open the app anymore, but you will always get those meet kevin notifications.

If that's what you want uh, you know, if you don't want, no more notifications, then don't download it obviously, but if that's what you want, the app is there for you. We made it specifically for this purpose. So that way, you could get all the notifications and we're not subject to youtube censoring your notifications. So sorry that happened to you uh all right.

Oh my goodness! Uh, let's see here: okay, so matterport, yeah, matterport down that full 10. Here, hive, canadian, solar, hydroform affirm 7.6 to the downside yeah. This is a good, broad-based, selloff. You know it's, not your company that you invested in that's getting burned here.

It's just everything. Look at that 68 bucks on lemonade, uh, i'm personally thinking we could get two or three more days of this and honestly, i'm kind of like that, because that would probably mean i could get end phase in the 130s lemonade under 65, maybe tesla under 700. Again, i think there'd be some nice opportunities, we're seeing the same sort of sell-off in the crypto space. This morning we had much of a substantial sell-off here.

Look at that four point: three: nine percent on tesla four point: four: one percent on etsy: this is there's some brutal pain here right now, uh amazon, to be down three point: seven: five percent: that's a big deal! Bitcoin dancing around that 43 43-6 number ethereum's been sitting at 3058 all day long cardano back to about 209 uh. Just a few minutes ago i saw the thing at like 202 yeah here it is 202.. Look at that 202 on on cardano. So definitely a lot of pain that we're experiencing here and the big question is going to be.

Is it going to last? That is the big question on everyone's mind: when do we get back in by the dip and become those diamond pandas? When is that time? My argument is that time for most of my portfolio is always the time at hand, but for the other 25 of my portfolio, i'ma wait for some better deals, because i still think we're really just giving up friday's gains today. Uh and even though it's bloody and it's red friday's gains were pretty nice, and so i wouldn't be surprised to see a rotation back uh to the downside. Uh. You never know you just never know uh, but it's worth looking at so uh.

Okay, let's see what else do we have here, there's matterport for so long: okay, okay, okay, good good uh yeah play the song by the dip; no kidding no kidding uh. Yes, please oh hold on a second uh. Okay, yes, please, oh, and that reminds me uh. Okay, perfect sorry, a couple real estate deals.

I had to quickly just reply to, but work has been solved and we're back to the stocks. Yeah. You want pounds here at 21, again buckle up love to get your thoughts on peak yeah. I i do need to look at peak.

That is one that i have to look at hold on a second, let's get the terminal up hold on mike to the point that you know, we've clearly pulled back a lot today and and chinese exposure stocks, like the casino names, have already pulled back much much More of course, that said, if we did start over the next few weeks or months to get newsflow that suggested, china was a is going to allow this company to go bust. That's not priced in yet i don't know if it's priced in i mean again. I really do think you have to see it extend beyond that one situation. Um.

You know you have to tell me exactly what pool somebody says kevin. We need a market sell-off coupon code, that's funny! Well, you can use the one that uh the price goes up on friday, so you got another four or five days here or whatever, and you get all of my alerts anytime. I buy or sell it's not a guarantee that you're gon na make money, but the big thing is for you to learn right. It's for you to learn the things i'm looking at uh it's for you to i mean.

Hopefully, everybody makes money right, but the goal is for you to build your wealth. That's the point: real estate, investing group build your wealth stocks in psychology. Money build your wealth, that's the goal teaching you when to buy when to sell how to feel when the stock market is doing certain things, how to respond to trends in the market, uh and uh, and not get emotional see like this morning. Uh.

We did the course member live stream and uh there were. There were some newer folks who were asking hey kevin like okay, so you sold some things last week, uh and and very early in pre-market. Is it time to re-buy and i'm like patience? This is just the beginning. I even i even tweeted like this is just the beginning, something that effective like what did i tweet i tweeted something ridiculous uh and then i always get hate when i tweet ridiculous things, but it's hilarious anyway, so i do it uh.

Oh yeah, the stock market, black friday sale is just beginning, and so really it's just like patience, patience, patience, uh and that's not to say i don't think the stock market could could go up tomorrow, and so tomorrow it's just that uh my strategy. It was very clear i write down my strategy and when i write down my strategy, i follow my strategy because otherwise you let emotion get in you. Let people whispering to you get involved right, and these are some of the things so anyway, uh, okay, let's uh! So we got bloomberg terminal coming up uh we do have uh here, i'm gon na show you all something that uh we've been talking about as well. Here it is.

Oh, it's doing well right now, uh! So take a look at this. This right here is uh. The it's called svxy and basically uh this right here does the opposite of what the vix does so right around the bottom over here, i sent out an alert that i sold put and bought shares in this, and the the reason for that is, if vol till That vix, if that plummets, that thing is going to go back up, so you are making a bet that this volatility index is going to go down again and when we look at the volatility index on the day chart, it has a tendency of going down fast. It spikes and goes down fast, so i made a bet on this uh which, let's see here where the heck is it? That's uh, like five percent now here it is there, it is svx1 and if you look at the day chart on it's kind of interesting, because you can really see the damage that gets inflicted when you get these sudden spike ups and volatility, it goes down.

It's literally the opposite, and it's it's great now the dangerous, and this is the danger. The danger is that you get a prolonged crash, a prolonged increase in volatility, and then it takes forever for you to get back. I mean look at this. We were at 69 before the pandemic and we never got back to that.

So it's it's worth noting like this is. This is something you play with short term you're, trying to play these little red lines over here. Uh, it's uh, you know just something to keep an eye on, but anyway it's it's little little ideas like that that uh we love sending ideas out on in the stocks of psychology, money, group and uh. If you want to check that out, use that 40 off coupon code down below otherwise get yourself 70 or do both get yourself up to 70 dollars totally for free with public by going to mckevin.com public all right.

What's sarah got to say for us, kate rooney, with the details not so much acting like a gold, safe haven yeah, not quite sarah. The crypto crash today is really about collateral damage from that selloff in stocks. First, take a look at bitcoin dropping as much as 10 earlier it fell to around 42 000. It's recovered a bit since, but that was its lowest level since august ether.

Meanwhile, it's the world's second largest cryptocurrency dropping as much as eight percent. The weakness, guys, i'm told, is mainly a result of investors moving away from riskier assets, bitcoin, as you said, not quite holding up as that safe haven. So far as we also had fears around evergrand and jitters in chinese markets, causing some in asia to sell crypto to cover some of their positions and finally, there's some new regulatory focus on crypto lending coinbase today saying that it's cancelling plans to launch a high-interest bitcoin Lending product guys back to you, okay, rooney, kate, thank you, jonathan, the other market, safe havens, are doing well today, the u.s dollar higher the japanese yen higher the gold is higher places. People go during times of where they're looking for safety times before.

There's fear on the street. What what do you recommend? I love fear on the street. The problem is, we don't have enough of a discount, yet i'm not gon na comment on on bitcoin, but i i think that right now, sarah as much as you know, you can go to the us treasury, um or or this or the swiss or the blunder Or japanese yen, as as a as a safe haven, i think you're better off not running for safety right now. I i honestly think that the underlying economics are are pretty, are fine.

The earnings fundamentals are fine. You saw just like you were talking about a moment ago that ultimately, the market gets beaten down and there's a lot of folks who are coming in, who are bottom fishing a little bit here and are going to get some bargains, especially for stocks that have been. You know displaced by this, and so i would actually see this as an opportunity. You know if they're companies that were too expensive before buy them now i don't yeah.

I agree with that. Like look buy the dip, i am a huge by the dipper, but folks look at like. Can somebody please tell me if i'm crazy, okay, look at this okay! This is matterport here, matterport, it's down 10.6! Oh, my gosh! Your stock is down look at what the dang thing has been doing. That's not a death.

That's a that's! A little baby dip! It's like! Oh, a dip! No, i want blood in the streets, not a little single day. Dip. Give me a real dip. Give me some real blood so, like that's, this is like a paper cut.

That's what this is. This is a paper cut get like. I need a stab wound like something real here that we could actually like patch up and invest in uh. You know uh, i don't know some of these prices is too high.

It's too high, like give me, give me amc again back over here. Look at that. Just a month and a half ago, we sat around 34 to 29 uh on amc. Give me some of that kind of blood again give me some of that dirt.

Uh! Look at this hud! 8 mining! Okay! Folks! Look it's down 11.75! Because crypto's down and it's trending down, it's still pretty high okay, if i'm gon na like if this thing gets to three dollars, i'm down to load the boat, because that that is a strong support line down there. There's not there's not a lot of support between here and there that shelf. That's. That's like a toothpick shelf where, as soon as you try to put something on the shelf, it just collapses.

That's like that's almost as weak as the spine of this book. I spent like 30 dollars on this stupid book at disney world and the spine just ripped out. What is this look, how many pages i'm in look at look at how much i got ripped off all this quality paper here i get ripped off on see that that this right here is the same as a little weenie baby dip like that now i want Some real blood in the street, not this garbage, so where were um all right, i'm not trying to find the blood on the street uh. Meanwhile, delta airlines in southwest are up over one percent.

Lucid doesn't seem to give a crap loose, is up five percent uh micro, vast iron net, dutch bros, a lot of the the uh momentum plays over here doing very well, not all of them. Of course, dave and buster's actually ended up turning green. Today, uh we've got uh dave and buster's up .36 percent uh. That's not bad uh, that's not bad uh! Let me see here there we go.

Oh right: okay, there. It is okay, so uh beyond me. It's sitting at 112. uh.

I share silver trust. Okay, so we got a minute to go before the closing does look like uh. Let's see here, i want to see how that vol vol play is doing. That's pretty good uh.

The vault play has done. Has nice rally look at that rally into the clothes on that ball play that's nice and i want to see my a firm covered call uh. No, it's the amc, one! That's doing the bet, i'm so tempted to close that amc. One 47 already realized.

Oh, that's juicy juicy juicy uh yeah! That's that's pretty nice, but uh. I don't know i'll i'll, probably keep that one. Just a little bit longer: yep, okay, yeah! All right! I'm not gon na i'm not gon na. Do it i'm not gon na.

Do it! This, though, if this spikes again tomorrow, i'm gon na buy more or i mean if it falls again tomorrow - i'm gon na buy more of this tomorrow. If the volatility spikes it's the inverse anyway, okay, let's jump right over here to the closing bell. Okay, let me repeat that, since we couldn't hear him dow down 1.78 s, p down one point: seven nasdaq down two point: one: nine russell: two thousand small cap down two point: four: four percent: here's sarah eisen to tell us the same thing: i'm sarah eisen here With wilfred frost and mike santoli cbc senior markets commentator take a look at how we finished up this wild day on wall street. The dow slumping at the open got as low as down 972 points.

We saw that low in the final hour of trade and then boom the buyers came back in s. P 500 got down five percent from the all-time highs and then also saw pretty nice recovery closing the date down. One point: seven percent: the dow closing the day. Also around that level, down 614 points as far as the effort, all right, let's go ahead and see exactly how individual stocks here close see what we got.

We have support.com greedy down 22.4 7 matterport to 10.25. Mad report write these down: okay matterport. For me, i'm at like 16 bucks, okay, 16 bucks. Now i can actually make some freaking money on the thing.

Remember folks. The point of buying stocks is to make money. Okay, so matterport give it to me for 16. It runs to twenty four twenty five.

Thirty dollars in the future, i can make some money buying it at twenty dollars. Going to twenty four. It's not that exciting! That's boring! Uh! You know it's just boring! Uh! You got amc over here. Eight point: eight five percent today look sorry to all the the hodlers and hobbler too, but the point is i'm looking for a dip opportunity because maybe we'll sell some puts again uh.

This is great uh. Maybe even just straight up buy some chairs. If we get back down to like 32 dollars, let's go pal tier. If we could get back under 23 dollars at 23, 22 would be a gift.

Give me a firm back under 90 would be a gift. Please write these numbers down. I'll, tell you these numbers. They matter uh, okay, neo has changed.

It used to be forty five dollars my thing, but you have this massive china risk that has been put in here. So on purpose, i'm i'm not gon na be looking at adding neo neo would to compensate for the risk. Would probably have to be like 28 to 30 somewhere in there lemonade uh look under 65, i'm probably going to start dip buying and under 60 i mean that's where i bought it right after ipo, i bought it for like 55, and this stock has been all Over the place i mean it was up 3x at one point: it ran all the way up to like 190 or something it was crazy. That was, after a motley foolplum a pump though kevin.

Will you share your new price targets? I'm doing that right now, uh, happy birthday to cody hope you have a great birthday, oh well, derek thank you for shouting out birthday, a happy birthday to cody and giving me ten dollars to do that. Lemonade, uh. We talked about lemonade and face yeah. Okay, look and face dipped below 150 for a hot minute, i'm interested i love and face it is the it is.

This is end. Phase is going to literally be the turnaround stock of of of this next decade. In my opinion, and - and i shouldn't really say, turnaround stock because the thing has been it's been like so high compared to where it was a year and a half ago, but it has been so beat up because of this chip shortage. It's kind of like somebody has a boot on the company's neck, and it just can't get up and it's trying to get up.

It really wants to get up uh but uh. In fact, we expect them to double to triple their inverter sales once they actually have enough supply. So for me, if i can get this thing at like oh my gosh, with a one and a three in the front that would be so delicious, uh, okay, so beachbody um, you know beachbody would be kind of like a yolo u-turn play uh. You know pinterest.

I've pinterest i've really like i've got positions on pinterest, but i've really not been buying the dip on pins uh. It's a tough one for me to buy the dip on just because some fundamentals have shifted a bit. I did buy the dip a little bit not too long ago. I'm more inclined to wait for etsy to get to a reasonable level again to me.

Etsy's got a long way to go. I mean etsy's got to get under like 180 170 to be interesting again. So end phase is probably going to come before etsy and if pins gets to like 40, i mean maybe i'll jump up and down again. If i could get robin hood back to ipo price i'd also be buying robinhood, not at forty dollars.

Uh. No, i mean like thirty four dollars, because that's where i bought it was ipo day. I was walking down on seventh uh ave in in manhattan, and i saw this thing. I look at my phone like thirty four dollars.

I swipe up on robin hood and i bought myself a ton of robinhood chairs and ended up going through it like 34 20.. As usual, i sent an alert to everybody in the stocks of psychology and money group. There were some people who were like kevin. How could you buy robin hood everybody's selling it, and i'm like that's the point so i bought it for 34.10, ran up to 70.

sold, calls on it right when it hit that crazy high number and oh my gosh. Those calls were like a free hundred thousand dollars. It was crazy and i already closed those calls too, because i sold calls right and i basically realized 99 of the value like that it was so crazy uh. That's why i like taking advantage of momentum, but you got ta, have the dip to take advantage of that momentum.

Uh anyway, then you've got uh tesla over here, uh, almost down that full uh. You know four percent, you know tesla look if it goes to. Like 666, where it used to dance around look, i've got a lot of tesla. I think that's a comfortable place to buy tesla.

Am i really personally going to be jumping up and down at 666? No, would i buy a little bit more, probably not just because i have such a big position. Tesla for me personally, would probably have to be sub six for me to buy it again, but uh i might sell, puts that. I might do it like 666. I'd probably sell some puts the last put contract by the way i sold on tesla was when tesla was like 620 and uh.

Actually i have it right here. Oh my gosh yeah look at this. So, even though tesla just kind of plummeted uh today, even despite that i'll show it to you uh it's this button here, so this right here is a sold put on tess. How do i do this like this? Okay, so right here is where you could see.

I got a 106 000 credit for selling a 620 put for september of next year and i've already recognized uh 34 appreciation on on that contract. So if i were to buy that put back to close this thing out, i would basically have made thirty six thousand dollars uh, which is kind of cool, so uh. Those are things i like to do on the on the dips. Okay, what what other price targets do we like? Let's, let's go back here and look at some other price targets, so we talked tesla etsy, end phase amc, robin hood uh.

We talked to neo, we talked about palantir matterport, so if you're just now joining scroll back - like i don't know five, eight minutes or whatever and and get yourself the price targets so uh, then we've got coinbase coinbase a little bit of a hot potato. Just because i feel like crypto has a little bit of a headwind ahead of it, not just because of this chinese fallout, and this disaster happening in the market, which will lead crypto to fall down uh. You know in the short term, but you also have, in my opinion, the inflection point in inflation that is going to keep a little bit of a lid on crypto. Personally, i believe the market needs to get through its head, that inflation is going to go down, that inflation is going to be transitory.

At some point, yes, prices are going to be elevated, but that increase in inflation is going to be transitory. At some point - uh - probably within the next six months - hopefully within the next two or three months - that we see it here - the market might react negatively to that initially. But i think the market will get over the inflation portion of crypto and we'll see a really nice year for crypto in 2022 uh, but hey it doesn't mean crypto has to follow my script, so we'll see what happens, but those are just some of the thoughts That i have right now, a tattooed chef. You know what maybe, if it went back to like 16 i'd look at it.

Peloton would have to probably be in the high 80s for me to even think about it. 88, something like that, but yeah coinbase. I put it in the crypto bucket, you know if coinbase was like 210 again at some of these low level. Resistances, i'm sorry low support levels.

I i'd be i'd, be interested so fi, oh yeah, that's a that's good! So yeah td, okay, give me one. Second uh. Ah, thank you for that shout out uh! Thank you man. I appreciate that.

That's that's very nice, uh, okay! So uh. Let me see the other ones before i look at all these names here. Okay, apple apple, to me, apple, google. If these guys sold off like another 10, 15 percent, i'd be so happy because they're such quality companies like if you are a stock novice uh that is you're you you do not want to deal with a lot of volatility.

You just want to see relatively steady growth over time. You don't care about the crazy ups and downs. You just want like something: you're not going to lose all your money in no guarantees, of course, but buying apple and google, or even amazon, less so, but even amazon on a discount. Those are good.

Those are really good and i'm not talking about a today kind of discount. I'm talking about, like you know, alphabet under 2400, 2500 apple back to like the 120 115 120 range, something like that wayfair by the way it's worth writing down. This thing always tends to try to get back to 300. It's the biggest rubber band stock.

I feel, like we've talked about on this channel forever. It literally just goes down to like 260. Sometimes it goes down to 250, 230 and rubber bands back up to 300.. I uh i sold a put on wayfair when it was like 2 30.

uh. It ran up to 300. I took lots of attendees on it. It was really nice.

I did that while i was in new york as well, it's an alert for that as well. Uh, when yeah again win, so i get asked about win a lot. Yeah look, i know it's down, but i'm i look. 50.

More than 50 percent of wins revenue comes from macau, and i think you got to discount that at least 50 because of all the regulation, which i know is an extreme discount, but with the market that we're in. In my opinion, that means you take a hundred dollar stock. You bring it down to half of the revenue. Discounted half would be about 25 right, so you bring it down to about a 75 discount.

It win win under 75. That's when it that's, when, like i care or would potentially care and win, would be the kind of chinese stock. I would like to invest in because it's an american-based company with operations in uh in china, mainland china, uh it is in the autonomous region of macau. Some semi-autonomous, but anyway uh that to me is interesting, so uh, that's where i would get my chinese exposure is win and neo, but not yet.

I i don't think they're discounted enough yet, and maybe i'm just a loser who's sitting here going! Oh well, everything should be cheaper and then i'm just going to be the person that never ends up buying. I always end up finding some opportunity. So i i've just learned patience is a virtue. You know, people like oh, but kevin cash is trash really like cash.

For one month or two months or three months, more is really that trashy. No i'm not worried about it like big deal so uh i, but but i'm i'm optimistic over finding some opportunities over the next couple weeks. Here we'll see what happens uh, i'm actually surprised. Redfin didn't fall more than uh than it did today.

Barely fell today. Okay, what else anything else home depot win: moderna blah blah blah? Okay, canoe 678 on canoe: oh my gosh, that oh, the thing went down to 5.75 wow yeah, but here's a company also that hasn't convinced anybody that it's like actually not gon na go bankrupt. So you know, i would only ever touch uh canoe for like a day trade like i've gone into options before - and this is that's how day trading works, okay, uh or even shortly i'll go into an option and look sometimes uh i'll. Do an option and uh look like on hippo.

I did an option. I was up on one option: contract eighty thousand dollars in a day uh. In less than a day. It was crazy.

It was like five hours or something like that. That was great, but then i've also done uh some stupid options. Where all of a sudden, i was down 29 grand, i just closed it, uh or then i did the dave buster's one where it was up 48 thousand dollars the next day because it smashed earnings. So when you're doing the short term trades, in my opinion, you've got to be very, very discriminate to where you know.

If you set up a short-term trade, don't bs around, don't don't pretend that things are going to get better some of these things they they have short momentum, runs and they just don't come back until it's too late and your options worthless right so uh, depending on The type of stock - it is right like a call option on apple, i'm a lot less worried about than a call option on like canoe or lordstown motors or workhorse right, because those are mostly momentum, driven whereas apple is, is much more fundy, uh and institutional driven. So uh you did have a good day here on hippo. I think it's kind of ridiculous that it disconnected so much from lemonade. I think don't because i support the company great uh, i'm just shocked.

I think that's momentum based uh and i would really like to see some pain like into the fours mid-fours, maybe even lower, so i can lower my cost basis on the thing that would be more interesting for me. Uh just like lemonade's doing you know, lemonade, had a strong fall here and got worse and worse and worse so uh yeah somebody bought, puts on on ride and they're finally doing well today, so tdd a trade desk. I don't actually have a full finished fundy on this one uh. I started on this one, but just going from a ta point of view, i would want more than the july discount.

I would want to get within like 15 of uh of this over here. So if i did like 40 come on, i don't know why the thing's not working. So if i did 46 dollars times 1.15 about 53 dollars right now, we're at 69. Are we gon na see this get to 50? I mean that that would be a deal for me.

You know even like 56 56 to 53 that'd be nice for trade desk that'd be an opportunity, so yeah, i'm gon na watch the trade desk slide and then maybe over the next few days, do a little bit more fundy on it. The sofa sitting around this 1457 - this is that support line that we've drawn and honestly it's held pretty true yeah. Look it's slung below it before, but i've always been talking about this support line for so far and it continues to prove that it trades around this line. It runs off of it.

Comes back down, shoots, past comes back, shoots, fast comes back, goes up, comes back! It's always going back to this line over here, which uh in my opinion, is good. So if we get, you know a substantial fall again beneath this, you go 12 13 yeah there's an opportunity, maybe to pick up some shares or or whatever absolutely uh imo. I don't actually have too many shares of sofi the vast majority of my position and so far just sold, puts because i locked in some real fat volatility and i enjoyed that uh yeah redfin has been an interesting one. I think it's just the stock market trying to escape real estate uh, and so i i haven't.

I have not fully wrapped my head around why open door, redfin, zillow and then we're all selling off other than i think the stock market is just like real estate. It's expensive: we don't want to be exposed to real estate, fine uh i do, but rather than buying more of the real estate stocks, i'm just gon na buy properties. I'm writing an offer right now. On another deal, i'm closing on a deal.

Oh crap, i'm closing on a deal tomorrow. Uh! Oh, i got ta wire money for it like right now. I have 14 minutes to do that. Oopsies, uh, yeah um.

I have 13 minutes now: okay, oops uh anyway, so uh, okay, yeah, a firm affirmative, okay, yeah. Let's talk about a firm yeah, so a firm affirms 107 actually didn't do as bad as i thought it would. Let's see here, a firm could have done a lot worse, a firmer, firmer firm and by the way, if any of the red uh, you know stresses you out. Uh get life insurance in as little as five minutes by going to mckevin.com life, yeah, okay, so uh yeah, medkevin.com life for life, insurance, mckevin.com public for a free stock worth all the way up to seventy dollars.

Uh, potentially worth up to seventy dollars, met kevin.com public and mckevin.com join to check out those programs on building your wealth link, hello, okay, affirm, yeah, look a firm! Could i i we touched on this one a little bit earlier, give me a sub 90 again. That would be really nice look. I made a video about a firm and i said i wanted to increase my position in it when it was like 89, and i said i was going to slowly increase my position, so i bought about 100k and uh and then it ran, and so i stopped Buying i played some call contracts on it, which those have done mostly very well uh. The calls there was one that i think i was down 11k on and then i rolled it to a new call, but that call that i rolled it to right now is already up uh yeah.

Here's that sold call it's up. 18. 000. So i've already made that back and then a little bit more.

That was a call that i rolled because it ran like crazy and i'm like oh my gosh. I wasn't expecting that so anyway, it worked out but um yeah i mean. Sometimes you got to do that when you're playing options like you got to kind of readjust like oh, i got ta roll that contract and then it hopefully works out which this case it did so uh but yeah to me it's pricey over in the three digits. It's pricey, i think, really, if i want to see a return, i'd have to see a lot more pain on on a farm than than this pricing right here i do want to see what's going on.

Thank you for becoming a member here. Appreciate you, let's see what's going on in the after hours, so smile direct is actually popping 6.47, but you got to be careful with the after hours there's so little volume that uh you could really get kind of misled on uh on on. What's going on over here, uh in terms of pricing for the next day, but i know there's a lot of enthusiasm for people that, like pump smile, direct fine. I know it's got a high short interest so, but anyway, uh in vitae down three point: one: one percent: in after hours, uh a tur down a little bit, redfin dave and busters.

There goes hippo. One percent shift technology - 146.. Okay, not not such a big deal here in the after hours. Nothing crazy! I think when we get futures to open up again, that's when things are going to be really interesting because we'll see.

Okay, is the pain going to continue tomorrow or not um, okay, sorry, uh, yeah and then uh? What oh, let's look at crypto and then we should look at so crypto stable. It's really been stable through a lot of the day. Uh cardano's been a lot more volatile. I think there's a little bit more trading happening there uh, but uh bitcoin and ethereum after falling, have been relatively stable uh.

I find that very interesting volatility in that oh good, look at the volatility plummet into the close here. Oh, look at that plummet. That's crazy good, especially since over here uh i made a bet and sent that bet to uh to all those of you in stocks and psychology money, and then we talked about it about what 20 30 minutes later here, but anyway, uh that this would come down. I hope that continues down tomorrow, we'll see.

Let me go to recently viewed. What's the darn thing, uh s you got here somewhere hold on no recently there it is uh yeah, okay, good, good, good, good, good! That's uh! That's still a nice recovery here it did give back a little bit here, but still a pretty nice run here. So that's nice, we'll see how this opens tomorrow. That'll be very interesting, so uh, okay, good good good good.

What else do we have that covers crypto qualcomm qualcomm? Yes, slower grower uh, you know kind of bummed that they're probably going to lose their contract with apple soon, but this thing has been sitting between 130 and 150 for like a year. I have not scrolled out on this in a while, but look if i go to the day chart over here come on man. Look at that see, look at that! It's done nothing for almost a year coming up on a year. It's almost done nothing and that's because the market on this one legitimately is pricing in likely slower growth, uh yeah, so yeah i'll.

Let let's take a quick brief look over here, yeah i'll, let how they do oh yeah, oh that actually had a green day. Today. That's cool uh, so you get some momentum over there. Let's quickly take a peek just to see what some of the headlines are uh elsewhere.

What do we got bloom all right stocks pair losses that close as dip buyers emerge. Yeah. Well, we'll see we'll see how tomorrow goes um kova 19 toll in u.s surpasses 1918 deaths, yikes new england, california, to see soaring energy costs in the winter democrats link us debt limit to vital spending bill. Okay, yeah, good luck with that one uh white house stripping.

Okay, not not much super juicy right here. Uh scc is investigating activision blizzard over workplace practices. Really, i did not know the sec investigated sexual misconduct uh like and then that kind of discrimination. I i thought i thought i did not know they did that.

Let me just i'll just leave it at that: that's okay! Moving on so uh, okay, refugee camp to go up all right, got it little recall over at gm. So oh yeah, seven minutes left for me to do my wire transfer. I know it's not gon na. Take me long to do it just the problem is: there's a stupid limit on how much i can wire a for good news is, i could do it for my phone.

I used to have to go into the bank and do these wire transfers and it was so annoying because there was always somebody in front of you trying to open a bank account and it would just take for freaking ever uh. Here's the title company. Okay, i'm gon na send it right now i'll just do it right now we're gon na send it together. Uh i got ta send that i can only do 250 a day so send now deposit bath wrath, send and i've sent to them before.

So i don't have to call them yes, okay, i did it all right sent. So i guess i'll send a quick, little message and then we can keep seeing what's going on here, uh sent 250k. Would you mind verifying in about 60 men that they receive just to him more tomorrow? Okay, uh, all right! So, let's see here all right so after hours, i really want to watch how things evolve in the after hours here see. Look at that end face bouncing a little bit, not good.

I want end face to go into the toilet lemonade bouncing, not good. I want it to go down. You know right when i said i want end face to go into the toilet, i'm pretty sure it turned red. Oh yeah, it went to zero.

That's too funny. Uh, okay, good uh, iron, mind, medicine, mind, medicine, there's another one! That's just trying to stay hidden, but this is another one that has really been uh evaporating here and we're almost at april 20th. Lows on this thing i mean we blew past may made dips over here, which was like nothing. It was coming off uh some real momentum here, but uh boy, oh boy, um, tattoo chef, yeah, we touched on tattooed chef nordstrom is another one.

That's just been evaporating here, as consumer spending has really declined. Look at that it totally destroyed this line here. How's carnival: are we going to get under 20, yet on carnival oh, come on? How are we at 23 on carnival what a rip-off see? This is why i can't buy the dip. It's just things are too expensive and i don't want to hear that lucids running after hours, because it's up 1.95, somebody short it.

So it goes down. There's enphase 0.44, whatever futures will dictate uh like what it does now in the next hour or so is just going to be some cute dip buying. But if people freak out when the chinese market opens tomorrow and things really hit, the fan tomorrow, you're gon na have some nice freaking out over here today, uh like if you want a dip tomorrow. The best thing that you could hope for is that you, when, when does china wake up? Let's figure this out in beijing? 4.

26 a.m? Okay! Good! When does the chinese stock market open? What time does the stock market open in? Isn't it shanghai stock exchange shanghai? Something like that, pretty sure it's an h, not a j hi was a gh okay, so they open at 9, 30 local time, okay time in shanghai, so they're going to open in five hours so at 6, 30 p.m. California, time market 6, 30 p.m, california time or 9 30 p.m. Eastern time you want to hear the chinese stock market going. Oh, my gosh, the world is ending.

That's that's what you're hoping for, because then you're going to have a beautiful bloodbath in the stock market. Tomorrow, here in america, which is going to be another opportunity to potentially actually buy the dip again, all we did today was give up uh the um. The gains of friday today boring there's a holiday in china. Oh get out of here, uh shanghai stock calendar.

How what the market starts crashing and they just have a holiday all of a sudden tomorrow well tomorrow, for them would be this the well. They were open, see 2021, the 19th through tuesday uh. That's the mid autumn festival they were open today is open for trading. Uh.

Okay! Now i don't think they're closed tomorrow. It's closed two days this week, oh just to really well that's lame! If it's closed tomorrow closed until wednesday, oh well, that's boring that takes away all my evening, entertainment. What am i supposed to make videos on what day, shanghai stock market close this week, health inspectors all right? Let's see here, okay, shane, i'm sorry, okay, uh! So does it show it here? No here we go. This should show it.

What is this crap, but it wasn't closed today. How did the markets freak out then today was it like see? It says it was closed today and tomorrow is. It? Is that in hong kong, too, uh day's close, this didn't make any sense. How was it closed today when, when bloomberg was talking about it, freaking out um, oh see, see the hong kong ones open? Ah, okay, so shanghai was closed monday tuesday, but hong kong is closed wednesday.

That's what it was. So hong kong got whacked uh today and uh tomorrow. Presumably it could get whacked and then it's closed on wednesday, but then the other one's open, again, okay cool, so you got hong kong and then you got shanghai, see, look! We got this figured out. We know what we're doing we get to see evergrand plummet tomorrow, wait, isn't it like 333 or what's it called, i'm pretty sure it's like 3333 stock yeah yeah here it is look at that down 10 and look these people.

Take a lunch break. Y'All see that look at that lunch break. It's literally on the stock chart, ding ding ding lunch break. We don't get a lunch break uh anyway, so uh.

If you want, though evergrand will pay you almost an eight percent dividend right now, so uh yeah, but look at this stock like over the last year, you're just like what is that 90 down or something like that? The zoom's all messed up here, but it's like 90 down uh yeah, something like that. Ah stupid thing whatever anyway. So this should be open again. Tomorrow it'll be closed on wednesday, but then then you'll have the uh.

The shanghai will be open again, so uh. This is the one month chart for this thing: complete disaster 41 down the day chart here it. Actually, you know it after lunch, it's like uh. It gained eight percent again here, so you got some speculation there, eight percent after lunch, it's not bad.

It's like the eight percent dividend they got, but um yeah tomorrow will be interesting. Apparently there's no after hours here, that'd be kind of cool if it said like after hours, but no it doesn't um okay. Well, i think that does it if i find anything to buy or sell in the meantime i'll send an alert out and stock psychology money. In the meantime, i'm gon na go make another cup of coffee and i don't know, go make another video about a hypocritical politician or something alright.

Folks, thanks for being here i'll see you in the next one goodbye.