Yo closing live stream so kind of an interesting day. We had a big old surge and a lot of different stocks, especially the smaller cap stocks kind of where we were like. Oh my gosh yeah. I get that thumbnail uh.

Oh that's a weird one! Oh well and uh: now it it the big thing that we're gon na be tracking, and there are a few things that we want to track that i was talking with course, members about just a little bit ago, but one of the things that i definitely want To watch is, i want to see how much of these these rally stocks end up, pulling back into the close uh. The reason for that is we we want to keep an eye on what day traders are doing right now are day traders going to pull out of this, and how much are they going to pull out because look if day, traders pull out all the way down, Then we know we didn't actually have any new investments go into, let's say neo or shift or sofa or whatever. I don't believe we're going to see that, but how much we go down, i think, is a little bit of a tell as to whether or not this is a fake rally. Is it? Is it time to go in yet uh we're still below certain thresholds? We're still lower than where we were uh, you know on on prior rallies, so i can't necessarily say we are with confirmation over uh and then it's definitely not another fake rally.

I think it's too soon to tell personally i'm willing like if, if you're going in uh, you know my advice to myself, because i can't give you financial advice. This is obviously not financial advice, but my advice to myself is like if i'm going in, it's uh, i'm going in with limits to get right back out now, that's solely because i will be even deeper into margin. If i go in any more like anything else, i buy at this point, which i i just bought 300 000 of a small stock this morning, uh, but but for different reasons, not because of the the rebound, but because of a different trend that i'm noticing that We're picking up on which, if you want all those alerts, remember uh there. We just did a new year's 48 hour sale that you could join and i'll add that to the description down below.

But anyway we did that because uh there are a lot of people wanting to take an end of the year tax write-off for something else so uh the way you do that is you talk to your cpa, about taking an education write-off against earnings and stocks or Real estate so talk to your cpa about that, but anyway, um yeah. Beyond that, anything else i buy right now is going to put me into margin, and so i believe that until we get a sustained like a confirmation that the pain is over, the december foot is gone, the pink hair is gone until we get that i'm not Bullish about going into too many of the small caps more than i already am too heavily without having a downside protection by setting stop losses, uh or just trailing a trailing limits. You just those are a little annoying, though, because you have to keep up on them on a lot of different brokers, so uh you can watch my video this morning on the um use this strategy for profit uh on this rotation. I think it's a really great video because it shows you specifically uh some entrances and some exit potentials so anyway, uh.

Let's take a look at some of the things that are falling right now, uh norwegian cruise lines, not a surprise that ncl carnival are falling. They were green down or they were. They were green earlier in the day, but the cdc is recommending that nobody go on a cruise ship uh, including uh, the vaccinated, which was you know, pretty harsh. But whatever are you still looking for developer software engineers for project yeah? I actually mentioned this morning.

I have not, if you emailed me this morning, i have not gone through them yet, but uh yeah send an email to kevin me. Kevin.Com, send your resume or cv, or i don't know, youtube, link or link to an app you created or whatever, but yeah still looking for, the big thing right now is is like full stack. Dev like web app, android app apple, app uh. You know if you can, if you're better at back end, that's fine too.

Just say that, like hey, i don't really do front end. I do back end or i only do front end. I don't do back like say that too, that's fine kind of need. A little bit everything there uh okay, so what else do we have here? Um so anyway, yeah send an email there, kevin mckinnon.com tesla is down one percent really on that recall news i think, is really excessive, especially coming up on delivery numbers.

Where we're expecting. I think wall street's expecting 264 000 vehicles to be delivered. We really think this is going to get beaten substantially, uh that we might be closer to that 280 to 290 range, knocking on the door of 300 000 vehicle deliveries, a quarter which really really incredible. If, if we uh, if we could get to those sorts of levels and uh that that could be a very bullish catalyst for tesla moving forward or not, it could end up being a miss, it depends.

But this recall news is garbage. You know this whole. Like recall, stuff, uh, very, very, very silly, in my opinion, about um uh, you know tesla, recalling 500 000 vehicles for for something, as nominal as as the cable harness for your uh rear view, camera or the uh, the hood. They should be nominal expense, wise, not severity, wise, very wise.

They need to be fixed but nominal in terms of expense wise to fix. So then we got nike apple, so some rotation down here, i think that's kind of going to be a weighing down on the s. P 500, a little bit plaid review, probably tomorrow or saturday, yeah. Look at that s.

P 500 fall here. This sort of draw down a little bit of the opposite of what i was expecting. I was thinking that we'd get a little bit more bullishness going into the s p 500, at the close and let's look at arc because ark had a nice green day and usually after a green day, you get inflows at the close, no you're, also getting outflows. Uh or not necessarily outflows, but well i mean you're getting a decline in the price, so i suppose that would be a form of outflows, but anyway uh you're, seeing a little bit of softness going into this close here and we got 19 minutes left.

So obviously, we kind of peaked out at around 9 00 a.m. California, time for a lot of stocks, neo actually didn't really peak out until about another two hours later, but most stocks right now rotating down slightly uh compare the russell 2000 to the other three in this series. This is clearly a bull trap and the market is poised for a 50 crash in 2022.. Well, tech guru, guy doesn't seem very happy about the market.

Oh, that was a mess uh hold on. Let me pull this up uh there we go so russell 2000 up. Uh, whereas the dow and uh s p are uh. Uh are red.

Ah yeah, it's entirely possible. Let's listen in here for a moment quick moment here. The man is getting passed forward into q2 and i would say, the mobile forecast for the year for 2020 is still above trend. In fact, i haven't seen anyone that isn't so i think one hope is that we we're getting better at coping with this.

We get it uh we have the uh wow, that's boring, i thought. Maybe there was a little bit more news uh there to be had, but no not really. Okay, so huh, let's see okay, what else doth? We have see i'm looking at sparklines right here, and i think this is a really good strat generally to look at the the end point of your lines over here, uh on the left and uh we're not really seeing any runners at the end of the day. If anything, it feels like we're kind of curving back down.

Oh good question monoclonal antibodies on pregnant women with covet. I have not heard anything about that. That's a really good question! Um yeah i'd be kind of curious about that too uh, but anyway, um yeah, even robin hood kind of rotating down a little bit virtual galactic rotating down meta materials down so definite softness. I mean you can see that arch on the market here and almost every single stalk has that arch falling a little bit into the clothes could just be it's either going to be a tell that nope.

This is just another convictionless, false start rally. So that's why i don't like to get too enthusiastic. I don't like to get too oh my gosh. This is it it's for sure the rotation, because we've just seen we've been fooled too many times before bill.com rotating down array rotating down.

Sometimes what you could do is you could look at some of the risk assets uh. You could take a look at uh. Oh germany's stock market's closed tomorrow. That's a bummer uh! That's that's a bummer! It's only omicron if it's from the omicron region of france.

Otherwise, it's just sparkling coven. Oh that's funny! So uh-huh, okay, no, no mini kevin on the way. That'd be awesome. But no okay, let's see test snowflake yeah.

Look at that straw down there and snowflake. You had a little bit more of a positive day, but that look at nvidia here nvidia had had its little run there, but it it peaked out early 746 and then it just right back down. That's incredible! No, it's not too juicy another place. You can look.

Is you could look at like the momentum assets just to see how they're behaving yeah look at that trade down see this look at that we we hit our uh. We hit our resistance. We got rejected three times at about 28.80 and then we finally broke through came back to the rejection point, which became support and then moved on. I mean folks.

This line has been here for a very long time, uh, and so it's kind of wild to see us play that line that well but again, to all the because i still see it in the comments to the people who are like technical analysis is just fugazi. Uh fugazi, whatever you know, you really ought to learn at least the basics, because it just consistently seems to work very, very well uh and it's it's really impressive, but anyway uh btc, uh doing the same thing. You know also trying to pull back to about that. Uh, it looks like that 47.2 level about 190 bucks away from that right now, tattooed, chef, okay, let's go ahead and see if we can get some of the news.

That's going on kevin's ta is on my oh thank you for that someone else. Oh yeah! No! We're we're always mentioning fertility appointments. It's a it's! Not that easy. Unfortunately, i know for some people, it's a lot easier, but uh yeah anyway, so we got two.

So that's good. We still got six to go, though. Okay, so let's go jump on over to. Let's see what bloom's up to ta is self-fulfilling prophecy could be uh.

Well, i'd rather know about that prophecy than not, though, let's see here, u.s stocks pair gains while treasuries catch bits. Okay, let's, let's take a listen to this, so the s p was a little changed in the last hour after posting, its 70th record close on wednesday nasdaq also trimmed still solid labor activity. Usually we get a santa claus rally, but then the last couple of days were pretty volatile. Yep fundamentals for companies still very strong agreed, talked about cruise lines.

So, okay, we already talked about this nonsense. Buffett dismisses sanders requests to intervene in labor dispute to support a group in a labor strike. Um uh, i don't think buffett is much of uh. Let me get into politics kind of person.

Amazon's machine bosses are targeted in california legislation. What is this crap? Let's see a new california law designed to prevent the warehousing industry from overworking employees, doesn't name a specific company: okay, well, okay, overworking employees. You know it doesn't sound great, but the legislation target is clear: amazon which has given machines, unparalleled control over workers. Oh interesting and is using them to impose unreasonable demands.

Oh no lorena prohibits the use of monitoring systems that thwart basic human rights, such as rest periods, bathroom breaks and safety. The legislation will help determine whether the government can regulate human resource software. That's expected to play an increasing role in deciding who gets hired and fired wow robots, interesting yeah, who aren't the california legislators targeting yeah that that'd be a that'd, be a shorter list too bad uh them targeting somebody and stuff. Actually, getting done in california are two extremely different things: oh yeah yeah all right.

So what else do we have here? Two, oh yeah, worldwide coronavirus cases. Look at that! Look at that chart man, if only that were the stonk market. Yeah i'd be selling calls right. Now, uh or or putting in more trailing stops trailing stops, are really cool.

You know when, when a stock's running throw in a trailing stop if you're, okay getting out of it, you're up nicely on it. It's it's not a terrible idea. You know good to cancel, really helps you when we do get into those rally modes which we're really not in right now, but yeah all right, uh, let's try financial times shortcode! That's right, buy, puts on covet uh yeah all right. Let's just go! Look at some more sticks, more sticks, yeah, it is true.

The problem with trailing stops is an overnight crash. I think, honestly, that's why a lot of brokers make you repost them every day uh. So it's probably not a bad thing, but anyway you could see this decline happening here towards the end of the day. We got 10 minutes left and you can see so far.

Sorry this tattooed chef rotating down. So if i look at that rotation down folks, the traders are walking. That's why i was uh. You know i was hesitant to to enter any of these, because i really look at that trader volume right here.

It's almost like right at 12 45, some trader rang the bell and it's like yep nope time to go it's it's. These false rallies are very, very frustrating btc, oh yep btc, doing its uh yeah. Look at that! Look at that right back to the line. Folks, right back to it, there's there's no shortage of opportunity to invest in the market, which is kind of crazy.

If you think about it, look at tesla here folks rotating down to the lows of the day. This is like a little day traders market here, with how many traders are just yeeting out we're going right back to uh the the am uh numbers so so far 1589. Let's see if it holds above that 1580 level, we'll see. Okay shift yep same problem, alibaba solo charge, point wow charge points almost back over 20.

Oh my gosh, okay, who folks you can't make this stuff up. I've had this support line drawn on charge, point which obviously, now it's a resistance point for like at least eight months, i mean just go back through my videos. This is insane look at that. It look like literally just copy these freaking lines at this point, because that is insane this, like.

I didn't even look at chargepoint once today until now, and then i just see this folks, you want to draw lines like that. Oh my gosh, that's, oh my gosh! That's crazy perfectly resisted. Oh, that's wild! By the way, i teach that in the stocks in psychology money group, which you could use that end of the year, coupon code on to make sure you uh get an extra tax, write-off and patrick says he can attest to that thanks for that, patrick all right. So uh neo tiny little bit of green coming into the clothes uh you know after we started seeing that rotation back down lemonade, yeah, okay also got that rotation down.

Just you know it kind of goes to show now like if you want to buy like if you feel like you're, so mowing uh remember what what so somo is. Somo is uh. How do you oh see the lines you just have to kind of watch them on the streams to catch them, but more of like how to draw them and stuff is, is in the lectures, but uh gene here says so far is up. F, nine percent not a false rally: yeah, it's not quite how it works it's but see.

The point is like just because we get one day where something's up nine percent. That doesn't mean anything like so far's got a lot of room to grow. I mean we could go, we could honestly go nine percent, nine percent, nine percent, nine percent nine percent and and be at you know, levels that would rival kind of where we were not too long ago. Uh.

The problem is when we're just at our first nine percent day a lot of people somo, they get this sadness of having missed out and uh when they get that somo. They they yolo in. They end up yellowing in here at like 16 35, and then it falls again right because we just we don't have confirmation yet, but that that this new potential rally is going to to sustain. But remember it's not just so far.

They should all move up together which, right now, a lot of companies are moving up together on the day, but on the minute chart we're definitely seeing a little bit more of a rotation back down to earth volume rotating up a little bit of that pullback again, Lucid, for example, same thing: we were almost back to 40 dollars rotating back down 3869 right now, twitter, virtually the same thing. Let's look at apple and tesla here, apple same thing: you're sitting at lowe's of the day right here, msft five minutes left to close same thing. Look at that larger sell-off there into the close slight bit of green coming back here. Let's go to tesla same thing.

So traders are getting getting it's like: convictionless rallies, it's uh, they're, exhausting uh thanks austin uh. I will i will check your engineering email uh this afternoon. So that's exciting. I use the coupon codes totally worth it.

Oh thanks for that. Oh real estate brokerage doug, not interested. I i usually on ipo. These things do do fine uh, but let's see how they did.

Let's see doug dr doug wow it's flat on the day. That is such a weird parabola. I mean this is like a perfect parabola. Parabola, but that that's quite interesting, it's like a skateboard ramp, yeah.

No, i i don't care about this uh. Okay, so aapl's still doing this move, someone says i should post more on instagram. I know tick, tock everything i know. Ah no i got ta.

I got ta work on that all righty, so uh, let's go ahead and see what do we have here so big, ditch: tess, 144. Okay, let's see if there's any other news last minute going into the close, we got three and a half minutes here. Folks, if you want to close out any of your options or stock positions, there's something that's. Finally up, it's been read for a long time and you're like i'm done with it.

You know it's green days that are not a bad idea to to get out if you're officially done with something. You know you just reallocate to something else or wait to see. If uh this rally falters tomorrow, it's always possible very possible. Jan.

The man says the same word. No, i think i'm just not wanting to be overly optimistic on a day where it's entirely possible that the green we're seeing is just a another false rally. We've just we've been fooled too many times the market has tricked many people very many times. Yeah, there's there's little going on uh in terms of uh bloomberg financial times we've seen these cnbc doesn't have anything new, either powerball top line.

Here, it's been nothing for an hour. Strong labor market in 2021 faces down omicron threat, hmm yeah, another 1200 flights, canceled cdc, tells americans to avoid cruises. We talked about that carnival norwegian got hit a little bit uh rapid test shortages tied to fed action thanks joe biden, not that's not good, it's not good, but uh. Okay, let's see oh yeah, i'm starting to see some more sparklines here down.

Take a look at this cloudflare 133. yeah. Look at that you're really getting to lowes of the day over here on cloudflare on intel yeah same thing over here on intel nice rotation to the downside, s p 500! Look at that sell-off going to the close! What do you mean quotes of this security are not available on this. Come on weeble what you doing there.

We go. Look at that sell-off into the clothes wow. That's crazy! Uh! I'm actually surprised we're not seeing that much of a sell-off on some of these small caps. Some of the smallers are really holding on uh, whether it's robin hood or shift tech, lucid started rotating down a little bit palantir a little bit our case still up.

Three percent: let's go pull oh yeah! Look at that apple, nice little rotation down 178.. Let's see nvidia, oh yeah nvidia's got that rotation down pat into the clothes people are taking their dollars. Tesla same thing, paying for the largers right into the clothes. Tell everything last minute: tax loss, harvestings! Oh jordan, you watch the the hex vid yeah.

If you haven't seen it yet. I posted a clip about the audit of a hex coin there at the end of uh or or just uh. I don't know maybe an hour ago or whenever i posted the video. I encourage you to check it out.

Yeah lucid, got delayed mwah sometime in january, supposedly we'll see all them supply issues anyway, all right there. It is get the bell record high real estate, the best performing group dude, that's the same guy. They had yesterday. Isn't it on the left? That's why the nasdaq is down a little more than a tenth of one percent.

I swear that's the same guy. He did the same thing yesterday. It's i feel like he's, like the stand-in, when nobody paid to to hit the to to ring the bell at the nyse they're. Just like hey joe, we need you to go up there and uh.

You know, act happy and then, and then he does the same thing. He kind of stands there with his hands on the table and then uh the little fist bump, cheer and and then uh yeah anyway, all right, uh, wow, everything's, red uh, dow jones down a quarter, s p down point three: i lost the third in just the Last hour, here, nasdaq down 0.16 russell down 0.02 uh. Everything is uh kind of kind of interesting here, let's uh, let's take a peek at this a little closer here, oh yeah, look at that s, p 500 kind of just shoop. That is such a weird sell-off into the clothes there that is so weird uh wow.

You didn't really have that much of a sell-off into the clothes on the stocks that were up today, though, which is good, so maybe that is a little bit of uh. Maybe people are pulling their cash out of like uh apple. That's always possible right. Take your cash out of apple.

Google go get ready for the rally over on uh on the small caps entirely, possibly uh. So you know something to keep an eye on. Oh yeah even nike there look at that draw down there, nike tesla, yeah, okay, interesting uh. I don't believe we have any kind of earnings today.

Do a quick little check here. Just make sure you never know doubt it tomorrow's new year's eve. We will be covering uh stocks tomorrow, because the stock market will be open all day tomorrow. Tomorrow will be the last day of the year.

Well, red light retail investors eliminated. Oh no uh sell your stocks and buy gold, no lots of fun out there. Yeah. Maybe can you uh explain a false rally.

I mean a false rally is just really when we get a lot of enthusiasm in the market and then all of a sudden it everything kind of rotates back down very common, unfortunately more common here recently than we've seen in in other markets. It's been really hard to rally out of some of these lows, but that's all right, i'm looking for confirmation that shift technologies, neo lemonade. Some of these small caps keep running with that perform performance there. On the s p.

500. It's hard to tell big sell-off they're going into the close, but you don't know if that was just a sell-off to make money or to uh free up cash. I should say to go: buy the smaller caps tomorrow. Maybe you get a little bit of a rebalancing.

Money to some degree got to come in somewhere uh all right. Let's see here yeah so far, 10. It was higher than this so was shift. That shift at one point was as high as 16 percent.

So we'll see after hours so far still going strong, though 1.4 on shift, so the shorts might be getting covered. It could be something that you see, which we have seen an inflection point in the shorting yeah less shorts recently, as of recently uh, less shorts and uh. The only ones who have been getting more shorted has been have been really. Cathy wood talked about that.

A little bit earlier today, kathy wood, she uh, oh look! Okay, the shorts on this have continued to go up still had a green day, but uh. You know up from about 92 dollars anyway, uh you bought 25.50 microvision calls expiring tomorrow. Oh, my gosh you're gon na be so close, so close to worthless. Give me more than pennies good luck all right folks! Well, that about! Does it right now, ooh sec appoints senior advisor to help uh sec chairman gary gensler, oversee bitcoin and crypto huh.

Well, that's gon na be very interesting. I wonder who this bloke is. Maybe they're not a bloke? Well i don't know, i don't know the answer to that. Eh we'll see anyway, all right folks, i got ta finish a video on elon musk, so stay tuned.

For that, i think it'll be a good one, all right folks, we'll see in the next one thanks again.