Good morning ladies and gentlemen. Well uh yeah. happy was it Tuesday I think so yeah happy Tuesday to you. Thanks for tuning in.

If you're tuning in this morning, um I'll probably be hanging out till about 8:45 8:50 close to 9:00 a.m. this morning. So if you want to hang out, relax, welcome Good morning Randy Trader 1776 How you doing? Um, good morning everybody. Which isn't a whole lot of you, but I'm sure more will join us sooner than later.

Um for now what? What's on my screen is kind of something we're working on. definitely possible in the in the realm of possibilities today. Um so yeah. if we see the market back up towards like prices of 49374, um would make sense.

Um so yeah. I I see that we're still in a Buy Signal we're still in an uptrend. Um, as far as a couple things that I look at, doesn't mean that it won't change. Uh, but for now we are.

So until that changes, um, it's hard for me to change. bias bias being uh, bias being uh by the dip, long bias the market uh for the time being, um eventually you know it's you know that changes right? But for the moment still working, still the path we're playing. Um so yeah. good morning Randy free Man Hunter Mary Rose Good morning guys.

So just an FYI too. Um before it was this it was. uh hold on one second. here's a my Twitter real quick.

So like this morning at this was an hour ago an hour ago I made a little cute post to T T anyways posting that bowl up there at the price of 4927 or so. uh, 49280 is right about that area meaning that's kind of a desired price point I think the market can turn to um, so this is sort of a pre-market Zone that I would track um at least for this morning. Other mornings it may be different, but you know this morning, uh with the way the Market's situated and what have you um to me it was um, this was kind of the first Zone that I was looking to bounce the market back to so uh as a result of looking you know based off of where my supports would be at and reversing it to kind of that area. The analysis on the spy at the time of you know trading an entry would lead to about a 2.75 risk reward trade at least to that level.

um and then you know if the uptrend uh stays intact then we could see it further. its progression to as far as this bowl this morning I had to First at least give the pre-market downtrend bearish. Trend um, some like uh, like what I'm getting at is like, you know I had to track my pre-market Trend first before aiming for significantly higher. Um, this pre-market downtrend was UN able to hold.

which means you know you can see we're going down down, down, down, down, right. So instead of popping, holding below and continuing down, we've then broken out of that pre-market uh, downtrend resistance at least for the time being. You know anything can happen. But so you know, basically the logic here would be um, that the S&P falls into support for me.

First thing to do would be bounce support back to a pre-market resistance which would be about here. uh, or like a pre-market downtrend level, then if the Bulls are strong enough to surpass that. It tells me that the pre-market bearish Traders here aren't strong enough and we may may need to seek out. um, bearish, you know.

Supply Elsewhere For the time being, um, that might not be the best way of explaining it I'm not entirely positive, but um. anyway. so so yep. going to clean this up here.

let's see, so be right there. it's probably good enough. Yeah, it has been a while. Um, for whatever reason, my YouTube stream kind of is like working again, so that's cool.

So yeah, I plan to do like I said I Kind of said this a couple weeks back, but you know I guess I'm just. but anyways, yeah I planed to be a little bit more frequent. hopefully do a couple more YouTube videos here or there and and what have you. Um, but anyways, yeah, so that's that's pretty much.

um I mean I could talk for days about all this and all that and 16 million different things. But uh, for now as far as like the intraday stuff goes, that's kind of what um I would be watching for the moment. There's a there's there's multiple things that it could play out. but you know for now I I Think that's that's pretty good plan.

something that's probably uh, uh. Pretty noteworthy is that I didn't really realize this till this morning, which is kind of surprising. Um, but yeah, our Market, the S&P just in general right? The market is now trading at uh, almost plus two standard deviation on The Daily and almost plus two on the weekly or one second. Yeah, we're trading uh, almost.

plus two on weekly and about the plus two in the daily. So we're over plus one on weekly and plus one on daily. Which means we're getting pretty high up there in the market. Um, now we had talked about the markets getting to plus one, uh, weekly.

You know, some time back 489 490? That was weeks and weeks and weeks ago at this point. Um, but you know it's as far as the Market's Trend and regression side of things is concerned. Um, the Market's pretty highly it's it's high price so you know how much longer we kind of last in the plus one plus two area. I Don't really know, but we shouldn't last up here for a very extended period of time, so that means there's a there's a good chance the markets are going to be pulling back whether it's 6, 5, 10% I mean I don't really know entirely I Mean we'll see when it comes.

But bottom line is, we are getting high up on the market. Chances are we're going to be seeing a correction sooner than later in my opinion. and that's literally just taking one side of analysis. Which is that just based off of the statistical regression, we the Market's in correction territory now.

Um, as it normally is when we get to these zones. Now, it doesn't have to happen right away. I Mean you know I could take you back and you know? Well, I can't really hear but you know. Anyways, So yeah, we're getting high up there.

um I'm totally cool with calling it and saying how it is, which means we're probably going to have a correction sooner than later. I know everything on the internet's going to be like telling you to. you know, you know, maybe try out blackmail or extortion to get some extra money to keep buying the market up. but I can advise you it's probably not the best idea to do that.

So um, yeah, I'm going to go with like, you know, let it melt up for a little bit more and you know. But bottom line is I think we're in kind of some uh Correctional prices as far as value points are concerned. Um, granted, you know, as the saying goes, markets can stay rational longer. you can stay liquid kind of scenario.

but uh, anyways, there we go. That's enough on that. Just pop back, take a little little shindig M Guster at the spy oh what do you know what going up? How weird. So weird.

So yeah, if we can run this market up to the Bll based off of where I was starting to play into the market here, it'll be about a 1 to n risk reward. uh for the day which would be sick. then after that I'd have to kind of re-evaluate what I'm tanking Howard Clark Good morning to you my friend Shannon Good morning to you twint T good morning to you as well Walt Good morning as well. What else is fun to talk about I don't really know I really don't H check Twitter yep looking pretty toasty So far someone's going to someone's going to I don't know pre-market resistance I don't know about that though.

prear prear I don't know about that man I wouldn't I would I myself am not I would not call that pre-market resistance. uh personally I would say uh, resistance is more so up here for the time being. but that's just me and you know I could be wrong too as well. but yeah I feel like uh it? it might hesitate here.

Sure, but um I don't uh yeah yeah mm no I don't know it's there's a lot of explaining I would have to do to explain this top. but I don't really know how to do that very easily. But anyways I don't I don't see this as Mega resistance myself. So my opinion is that gets taken out whether it's in pre-market or going into live hours trading that gets taken out and blown straight up to the teddy bear and the bull.

In my opinion, um, that would probably be a pretty good precursor getting through there to kind of solidify the move up to the bull. probably. Uh, we'll see though. Well anyways, we'll see I mean so far, what do we? What have we hit? This is a it's a one one to five so far in that move slash trade.

Oh man, allor right little yawn, good morning did I miss def Oh actually, you know what? I didn't discuss that this morning. so I guess we'll go ahead and do that. We let me bring up another chart and like just make it kind of clean. Damn it.

What am I doing all right? Give me a second. I'm gonna clean up one of these charts real quick just to keep it kind of simple. I guess yeah, that's that's a pretty simple chart. Okay, um, well.

shoot, let's start with some long-term shall we? All righty? So I'm going to use this weekly chart. All right. So basically right here this would be easier on trading view, but whatever. So ready right there.

That's where the weekly chart. resumed. its uptrend in the stock market since the uh, that 20 22 correction like leading into 23, right? So that's where we started to get back into a positive weekly uptrending motion as it relates to the 50. SMA Okay, uh, prior, it might have been prior I'm not entirely sure.

Let me double check. So that's where the weekly chart starts to go to an uptrend. Um, you know, and this is a little bit of a shorter, um, duration time. This is a daily chart, but nonetheless, taking us to where we're at.

Now you can see the daily chart is over the 50 SMA So as far as like you know, longer time frames, the daily chart and the weekly are still positive, so the longer term forces at play are still positive. That makes sense. Moving it into a 4our chart, which is slightly uh, it's it's it's lower than a daily chart. it's half of a year, so it's a 6mon interval is still positive.

You will notice just a couple weeks back. We tested it a few times, but we're never really able to gain acceptance or closures below it for the most part. So the daily weekly, 4 hour, so daily, weekly, six Monon Trends are all still positive. So longer term to midterm forces are still positive, pushing markets upwards, moving into something like a 30 minute which is our short-term buy and sell signal.

uh system into the S&P 500 you will notice that just last week, uh, onto the FED day we had a sell signal which resulted in a very, very good short and down move um which was then reversed the next day back into a Buy Signal And then we had a beautiful long Buy Signal in the market. Yesterday we had the correction down to the Buy Signal trend for another beautiful bounce. this morning. we're testing the uptrend continuation from yesterday's lows.

But as far as the 50 SMA and the uptrends concerned, the market is still over the 50 SMA. So as it relates to shortterm analysis and shortterm trading, Um, it? Well, you know and I guess it depends on what you classify as that. But um I View: The 30 minute is still short-term trading. It's you know you would almost call like 1 minute and 5 minute hype for trading.

Uh, but I would call the 30 minute short-term trading as you know, So in the short term the markets are still trending positively. Um, in the sense that they're over the 50. SMA. Now, mind you, whenever something's uptrending or downtrending, eventually a trend will reverse and as it reverses, the market will trade downwards.

So it's possible to say you're in an uptrend and then see lower high, lower low trading as it's in an uptrend prior to going into a downtrend or vice versa. You can say hey, we're in a downtrend as it relates to the 50 SMA and then all of a sudden start to see higher highs, higher lows as the market is trying to reverse, right? So just because you're over something or under something doesn't mean that you're always going to see efficient, simple, and effective Trend trading in that direction all the time. Um, but yeah, you know and the reason I say that is cuz I know some individuals will go oh, we're over the fifths and you say it's uptrending and then look at yesterday huge slap down right? it's like yeah, I mean I guess guess you are right. You know how can you really say you're in an uptrend and then you get smacked down the next day, right? But I mean that's because you know if you think about where the uptrend actually starts right, the uptrend starts here at the Green Arrow that's where the uptrend starts.

So if you're buying right here at the very tippy top here, I mean it's not even necess tippy top I'm just saying that's where the uptrend starts I Mean you just you just had a move of $77.95 That's also 80 points on Futures which is massive, right? So nonetheless, so as far as the 50 SMA goes on all the long-term stuff, we're still positive. As far as a 50 SMA is concerned, on the shortterm we're we're currently positive. But as the market relates in regression and statistics analysis, the market is now overbought. So though you're not seeing any pulling back that's drastic, or any selling that's drastic that that's BL Let me rephrase that was going to sound stupid.

though you haven't seen drastic selling. a doesn't mean it won't happen. Um, but B we're not really down trending. So though the market is overbought statistically, we're not trending bearishly.

So yes, you can be overbought, but you haven't been triggered into downtrends. really. Okay, so this may be a scenaria where markets are overbought. Markets kind of stay hot for a little bit until some of these Trends As far as 30 minutes, 4 hours, hourly, 2 hours, some of those 50 smas and those Trends start to get bearish, start to roll.

Uh, do we see a market top or correction occur? Okay, um, you might also track some things like Momentum. You'd want to see maybe his momentum starting to shift sentiment like things like that. Um, I can assume that all of those things are already going to come. So it's like as far as looking at momentum, I already know that those are going to become bearish, right? So I don't have to necessarily look and be like Oh When's it going bearish? It's going to happen sooner than later, or it's eventually going to happen because it.

That's just what happens, right? It's not like anything else again. Market can only go up and down, right? So it's like flip a coin to a degree and you're you're going to be right in a sense, because there's only so many directions a market can go right? People say sideways. Yeah. but even in sideways, the market is still going up and down to a degree.

So um, if it's not going up, it's going down. So if the momentum is green right now, what comes next If it's not going green. Oh red. All right, right.

So um, so as far as the Market's concerned, that's that's pretty much that. Let's go back. take a peek at Trading View. All right.

Still hanging out there. Yeah, so anyways, we're not quite there as far as, uh, excuse me As far as tops are concerned, you can. You can. You can pretty much say we're We're at a top when it comes to value, right? So like, you know, um, like, what is, Uh, you know, just like anything right there there.

there's there's really you can relate it to anything like buying a house or buying a car or everyone knows it like you know it. As far as the used car market went, it was pretty inflated not too long ago. but specifically out of that market, the trucks were really inflated. So like truck prices were extremely inflated.

And so you know when you saw that truck prices were extremely, you be like, yeah, this is probably like the top of the market, but how long do they stay selling at really overbought prices is another question, right? So it's like, yeah, you be like duh, we're high, but being high doesn't relate to timing necessarily. So the timing aspect for me as far as Tops go is going to number one. you have to at least be in a short-term downtrend for one to even think that the Market's going to go down right? So that's it, right? So as long as we're going up, that's fine. And as far as Tops and Corrections Go I mean it it.

to me, it's irrelevant As far as like it's going to happen one day or another, right? So it's just a matter of when it happens and the only way it can happen is first you got to be in a sell signal on a short term. Then number two, you're got to have to break down some of the longer term uh, 50 Smas or else you can't have big swings in the market anyway. So it's like there's there's numerous things that would have to fold anyways and so you just have to wait for the progression of all those things to occur. And then boom, you're going to see a 10% correction, right? Or 5% or whatever.

you know. Well, 5% wouldn't really be a correction, just be a pullback. So anyways, that's enough of that rambling. You get the point.

H Yeah, I don't know that was weird. Uh, what am I doing? Okay, there we go. Good morning. Douglas Good morning George uh Hey Man glad to catch it live it's been a while.

yes it has. Stone Cold Stock Killer I like that name that's pretty I See what you did there I see what you did there? Um, you know the reality is I don't really like to be honest as far as like recommend I don't even like really recommending Leverage products. uh, anymore. it's it's more or less just because there's there's so I don't know because of the timing right? So like as far as like I have no problem trading and you trading love none of that.

But as far as like me in my analysis and things I provide to people and price points in the market I mean basically my objective is to try and be as accurate or as detailed as possible when it comes to um, like a market bouncing, then going to a specific price. um and then from there you can decide what you want to kind of take on. uh I Always recommend. uh in that regard I don't always recommend but I I I'm starting to just straight equity um or anything that has no leverage, no time Decay um and a lot of liquidity.

And that's simply because you know, for example, say say there's a play that's only going to go a dollar right? Like say, and not even not even for my sake. Just say there's a play that's only going to go a dollar Well, if that play goes the dollar, but it takes you know, 5 hours to do it right? Then some of your options are going to make very little return. and you there's a great chance you could actually cut it for a loss just because of the back and forth movement. And so so yeah, I just I Just know that you know if there's a dollar move and you buy equity and it goes up a dollar, you get your dollar right.

But if the move goes up a dollar and you buy an option, then it's like, well, if it doesn't go up fast enough, then there's no volatility, then there's no Vega uh, increase. Um, there's no implied volatility increase to the option pricing and then you know So or or if you use Futures right then you know a pullback. The draw down might be bigger, you know. So um, so as far as plays go, um, you know and then I don't know what capital people work with and so basically I just want people to stay uh, least leverag possible? Um, and just you know, that's it and just you know and like that.

So you're like, should we go seven months out again I You know I have no idea I I again I Don't I do Not control the market Um, you know. So going 7 months out is it enough? I Again, those are those are just that's information I don't know I wish I did know better. Um I can build assumptions but those could be wrong. Um, so you know.

Like we could say, the Market's overbought right now. you buy puts for seven weeks out Market stays trading highs for seven weeks, then you get drained right versus you go short the S&P 500. it stays near highs. You basically make no loss, but you make make no gain, but you're still in the game, you know? So it's the tradeoff of wanting to make an exceptional return faster over settling with knowing you're not going to make as big a return.

So it's trading. It's trading. You know safety. so you know that's it.

So it's safety versus risk. and so I feel much better telling you. hey, if you want to try and take a bearish bet on the market, then at least do something that allows you to stay in the game. Uh, for an extended period of time longer than seven weeks? Um, you know.

So um, right? because I'd rather you not get cooked in seven weeks and then not be able to not want to come back and say hi in her Liv stream one morning because you feel you know that you got cooked or something or you know you're mad at yourself because you made a wrong play. And versus if you just you know were short the market and yeah, maybe it didn't actually go down. maybe it went up, but your loss would be significantly less. and anyways, a lot of different ways to look at it.

Well I will be right back. I'm going to go get a coffee or refilling the coffee this. so going to do. that's right.

Hold on guys, sorry I'm doing something real fast. All right is all right. Uh, sorry about that. I was just doing a couple things I know the stream could be uh, pretty I mean you know, arguably slow and maybe not like watching.

uh I don't know. some fast-paced Jim Jim Kramer show maybe but uh yeah I mean nonetheless yeah I don't know I just feel I feel like I am Maybe these days a little boring on stream but I guess it's just kind of come into a situation where or it's just more or less I just I have the strategy I like you know I just what is going. why is that even happening I don't know why that's happening but yeah I got my strategy I got my things in play so you know, um, nowadays it it kind of takes a I don't want to say a while for my things to play out, but I just kind of trade a little bit of a larger scale thing. look for arguably larger moves.

Um, so things to take a while to play out. so just kind of sit back and there's not like there's there's nothing for me to do right now. Uh I mean yeah. I could go look around at like, you know, stocks and whatever.

But as far as like the tradeing, the train plan's concerned. I mean it's there's nothing to do but sit back and hopefully let the market do what we wanted to do. um, or until we need to make a new game plan. I Guess so.

Yeah, the streams can be a little little quiet in that regard. What's up? Easy, win, Good morning to you! I'll catch you in the uh Elite room in, uh, just a little bit there. Um, so I trade a little bit of everything. um I'm actually slowly starting to go back into Equity I used to be a I used to be big on equities and then I went uh more into options uh for a while and then I traded futures for a decent amount of time and then I kind of went back to options a little bit and now I'm back in equities.

Why see bro? Why is that happening? Like who's who's who's touching my stuff, who's who's haing in my computer right now I don't know. Um, but so yeah, I traded pretty much all instruments at this point and after trading all of them, they now kind of have a certain spot and time when to be used like bro. like I don't even know what this is I'm about to just like hold on. we're just going to get out of this.

Just leave this real quick. It's tweaking some dude. it's tweaking. All my web browsers are just like tweaking now.

Sweet. Uh yeah. so all of those I have no idea why it's doing that. it's so weird.

Show weird I don't know why that keeps opening like that I don't know what that is or why it keeps happening. but sure, just another weird. Sounds perfect. Sounds perfect.

Sure, just just sure. Okay. Nope. I don't have touch screen? No no touching of screen dude.

so weird. Even now it's like some other stuff anyway. so I'll get back to ask your question. So as far as like futur op all that, they all a specific kind of like spot for like you know me in the trading.

Arsenal now. so it's like if it's like, uh, pre-market after hours, you know, really early debatably might use Futures at this point. Um, if it's a swing, try and hold something. I'll probably use like UPR or spy or like Equity uh I won't swing an option.

it's just not I don't know I just hate doing that. Uh, or if I do, it's going to have to be. you know there's some time on it. but anyways.

um yeah, so it just it. just kind of depends. But um, yeah, equity's nice, there's there's no like, you know, timing Factor The Leverage isn't necessarily crazy. so if I'm going to do like a a bigger play hole, it'll probably be some, uh, some Equity or something like that.

But yeah, as far as that concerned, yeah, I primarily just trade, spy and then any instruments uh, around that. uh, for the most part, it's pretty much what I spent like the last few years on was really dialing down the Spy Um, and then after that, like maybe I'll take some of the same effort that I've used into. You know, understanding the Spy as well as I do into other things. but um, that's kind of it too is like once you understand the Spy it's you know that instrument is going to be around for probably forever.

But um, yeah. kind of simple saying. once you understand the Spy you understand pretty much how most of stuff in the market functions. When the Market's positive, when the Spy is positive, and it's uptrending, then your stocks are usually going to be uptrending right? If the market goes into a sell signal, then your stocks are probably going to be selling down.

So as far as stocks going up and stocks going down, and when to buy and when to sell and you know, directional Trend favoring um, that all falls pretty in line with the direction of the Spy, not one to one some may be close to well and honestly, you know generally most things are never one to one in the market because I would have to have like a 100% positive correlation which is very. which is I mean I don't even know if that really exists in the market? maybe. but I don't know of really any. But anyway I'm just meaning to actually get like a true 1:1 100% positive correlation of two assets or you know, stock.

I mean it's pretty not. It's not easy. um it might be 099 point. You know I mean like to get exact 100% is crazy.

Um so what was I Where was I going with this I don't even know why where I was going going with this. but yeah, oh yeah, that's right. So when when the market goes into a sell signal, stocks will obviously sell down and when the market goes into a Buy Signal go up. but it's not going to be like necessarily a one: one because they would have to have 100% positive correlation of the S&P 500.

so if they don't you know and then it also comes down to like beta. uh and Alphas You know. So like again, if the Spy goes up like a dollar and the stock you're looking at has a beta of 17, then it's going to go up. You know, 1.7 % when the Market's only per and so yeah, basically I just mainly I'm just talking on and on and on.

Yes, mainly I focus on the Spy. Let me pull back up uh, trading View and hopefully no. hopefully this just stops tweaking. It's already already.

How? How no? Leave me alone? Come on, just hurry up and go up there so we can just all clap and cheer. Time is a 847. What is the difference between beta or beta and Theta or yeah? So uh, Beta had so Theta and Delta are of the Greeks of the options Greek So those relate to options pricing. Um, beta is a uh, it's a volatil beta of volatility measurement in relationship to the S&P 500.

I'm pretty sure or is that Alpha no Alpha I think Alpha measures volatility and beta is return I Got to refreshen up a little bit on that. but uh, yeah. so Beta tells you how much like uh Vol I I'm pretty sure it tells you how much volatility surrounds your asset. I'm trying to think of like true, like like the true definition in my head.

uh, as it relates to like academics. But in a nutshell, if the S&P 500 goes up a dollar um, and your stock has like, uh, a beta of 1.7 then yours is going to be up like a $1.70 if that makes sense. Uh, or if your stock has a beta of 50.50 and the Market's up a dollar, then yours is going to be up 50. So your beta is, um, a reference to how much you can expect your stock to be up as it relates to a $1 increment of the S&P 500 Saba Yes, good morning.

it's been a while. it's been a while I battled I don't know what? I Dude I have no idea my computer would not allow me stream for the life of me for like straight up 2 years 3 years I don't even know how long it was for moment I Just thought I would never stream again from my life. but uh, here we are. but you know after getting just I don't know what happened dude.

but um, all we can do is just hope it exists and continues and doesn't continues to work. What made you take this long? ah oh wait, what made you take this long you? you know that's um, we'd kind of. you know I'd have to I don't know I'm almost getting to the point of uh, not telling anybody my secrets anymore. no I'm just kidding, but it's I have a lot of videos on it and I would just I would honestly just recommend going to my Twitter page if you don't already follow me there.

Not that I'm trying to get, but there's so much info on there I've posted so much um so it's it's probably more beneficial for you to just pretty much go to my Twitter page and just just start going through all of my post. Um, they're primarily all stock stuff, calls trade plans before and afters. Um, really, just explaining. Really the lot of the strategy.

Um, because you you just just one of these videos, you're not. It's just you won't totally understand it and it's a multitude of strategy in one. Um, but I Guess you could say it primarily comes down to tracking a lot of I'm just blab bling on I don't even know how to explain it. just track and volume track.

and Trend Again, it starts with this right here. So like here's number one, Um, number one would be this here. So a open high, low, close, um 30 minute chart. this is your short-term uptrend downtrend on the S&P 500.

So to put it simply, whenever the market is below the red line, I'll be trading bearish. Whenever it's above, I'll be trading positive. Um, so we're above right now. So number one, we're uh, we're in a long bias.

uh, short-term trading market. So I am more long bias the market. Hence, one of the reasons for being long and not bearish. Now does that mean the mark? Yeah, so that would be that would be that.

But this comes down to like. Um, yeah. So this is what we do. we.

We basically have buy and sell signals and I track the volume of each buy and sell signal. So so this is, uh, ex. this is what we would call a buy signal and then this is, you know, arguably you know, maybe confirmation of a Buy Signal the cross. There don't put too much emphasis on the cross at the end of the day.

once we have a Buy Signal then we start, uh, tracking the volume of the Buy Signal and until the volume of the Buy Signal is taken out. We normally don't have big bearish sell offs, so like for example, the other day right here. um, like this move. this breakdown that was the Fomc day, but that was also a break below a key volume level, hence the big shelf dive.

So um, but yeah, I I Really would just recommend going to my Twitter page because we'd have to sit here for freaking hours and and it's just too much. There's too much to really cover to fully understand it. Um, but I think the best thing you can do is go to my Twitter page and just keep up with the post that I make and then go through a lot of the threads I've made. Um, it's all there and that also helps me.

It keeps my brain from getting too tired. Um, because I have explained it a lot of times. Not that I won't again in the future. but you know, as we sit here in this morning in this market, we want to watch and kind of pay attention a little bit here.

But but the main reason for being long is because we're in a long bias Market on uh, a all the long-term stuff and B short terms. And then see this morning pre-market This pre-market low was our uh, uptrending support level. So this is where I would be expecting lowrisk support entries just in general. um.

and then also, actually let me find something else for you too. Um, never mind, right? Yeah, let me hold on. that's annoying. Um, what is going on here? All right? Yeah.

I mean not a whole lot to say right now guys. Um, I mean I'm just. we're again. we're waiting still.

then we'll We'll start talking some more here in just a bit. I don't even know if we'll have time. actually probably not. I'm going to have to run here in the next couple minutes or so, but uh, I'll Stick Around for another five, maybe 10 minutes here.

Hopefully we can get our Target by then. That would be ideal. Um I Don't necessarily watch the Russell 2000. It's not that it's not important to watch.

um I could easily watch it and gather information from. it's just you know, it's not necessarily something I particularly pay attention to. but um, um, but I'll um, let me take a peek real fast. Kind of interesting.

It's not typical question. so I kind of like it. Uh, nope. The Russell 2000 would be.

Um, yeah, wait yeah. As far as the the past year goes, the Russell 2000 is almost fair value. It's a little. it's trading just a bit above fair value.

Um, this white line being fair value. this being down here on sale and this being essentially, uh, you know, like overvalued, overvalued on top, undervalue down here. Fair. So you're at fair value.

Which means you know, Basically, let's say if the market was like trade sideways like actually trade sideways right and you were long here, then your position would never really get you know in the market were to trade sideways, you'd never really get like a huge return because your position would constantly get fluctuated above and below the Midway point. From low to high, your entry would be the Midway point or like the 50 yard marker of the football field and as the teams go back in forth to the end zone, you either are positive or you're negative, but your starting point wasn't from The lowrisk End Zone per se, right? You know. So and you H your? that's that's kind of that and then uh yeah, yeah, that's yeah. so it's it's fair value, Nothing, nothing crazy there.

Uh. rental house is going pretty well. Yep, got renters and I have two homes now. I actually have three homes but only two that are currently rented because I'm in one and kind of doing some work here.

So I got living in a house now and then this one become another rental. Um you know we're going to have some bad times in the market here sooner than later. so also just kind of prepping for times and how to weather all that. Um yeah, just trying to get as much of I want say debt free but you know, just just paying down lots of debt.

Um, really, the only debt I have is just rental properties. That's pretty much it. Um I don't have like personal debts or anything like that. Uh, so it's just pretty much any debt I have is just leveraging to make more money.

Um, but I don't take on excessive amounts of debt as far as rentals go to do that either. Um, so anyways, yeah, so those are all going well. all rented out. Um, both rentals cash flow.

Currently that one cash flow is $800 a month positive cash flow and the other one's currently doing 30. what3? Uh, $900 cash flow. Before these renters, it was a short-term Insurance rental and it was generating 2400 bucks cash flow a month. So that was cool.

So yeah, they're doing well. Oh, it's 9:00 Market open. So uh Yep this is where I got a run. but you know.

same story as always. always looking for the market to go up to this teddy bear to this bull Might see a little bit of resistant there. Um, and then if we do have to eventually pull back, you know supports are going to be lower. I I Can't go into it all right now.

we'd have to go through a whole Spiel But um anyways I will uh oh Market didn't open I'm a dummy, it's 9 o00 it's I just have to go right now I was like wait what am I saying um I have looked at sector rotation in the past um I don't I probably should more. but again, if I was more um you know? Well yeah I mean I guess I focus on the S&P the most. So I don't pay attention to sector rotation as much. Not that it wouldn't help but um yeah I just look at uptrend, downtrend, buy and sell signals on the S&P 500 and then track the volume of such buy and sell signals and try to stay um as in line with that strategy every day as much as possible and then the more that I do it the easier it gets um and more of like those sometimes uncertainties or questions within my own strategy start to get um ironed out a little bit.

um so I try not to deviate away from my own setups and like strategy and kind of Concepts these days. um, you know and maybe even try to block out some of the noise a bit. um arguably. uh so yeah.

so just mainly Focus SMP um not that some of the stuff I do can't be you know, related to other stocks and have you but y um okay I will uh let you guys go. Thanks for tuning in, Make sure to thumbs up! Send this video to uh your grandma or something I'm sure she'll be entertained and I will catch you guys uh sometime soon, maybe even tomorrow morning. Cheers The.