Welcome back to another market, open live streams, take a look at what's going on today in the market. Well, first things: first, the indices are green. The dow futures up almost a third here 0.3 s, p of futures, are 0.41 nasdaq futures 0.64. Let's take a look at oil and treasuries brent, just under 86 and the 10-year treasury at 1.627.

That's actually a softening in that 10-year again, a lot of a lot a lot, a lot of talk about inflation and inflation fears. Yet the market uh continues to uh. Go up shiba inu uh hit a new uh record high today uh bitcoins kind of doing a little bit of a reverse on shoulders, but i talked about this a little bit more in my last step, video on crypto so watch that if you haven't yet but Uh, let's go ahead and see what's winning and losing here pre-market. So right now we've got uh backed holdings up about 22 percent.

This was up like 70 percent in the after hours yesterday, so still green, but a little bit of a pullback from yesterday. You do have the phase clans pack up about 17.52 percent here, so it's at about 13 right now, uh this uh. This broke news yesterday, but there was so much news around uh back that i feel like this. One took a little bit of a backseat, so watch for potential runs over here at uh brpm or it could just crash same thing with bkkt.

Are we going to get a second day of runs, or is it going to crash uh? I don't well. I don't know that anybody wants a second day runs, but regarding backed holdings watch, my video on backed holdings yesterday, if you have not yet uh just if, obviously, if you're trading, that's one thing, but if you want to know a little bit more about the fundamentals Of that one take a look at that video. I think i think you'll see some fascinating insights, especially if you watch it all the way to the end. So then, uh on the downside here, oh logitech, down 7.5 logitech, didn't report earnings until late yesterday.

So we couldn't cover it in the closing livestream. Let's take a look at uh. What some of their earnings were? Okay here we go adjusted eps. So yesterday we had written down eps adjusted 103.7.

They came in at 105., so they beat on adjusted. Eps sales beat at 1.31, so where'd. They miss because they're down uh flat sales, growth, uh, okay, flat sales growth is basically no sales growth, so flat. Sales projections is not good uh and that is uh logitech yeah, that is uh.

That is something that people don't like in in a company that they're wanting to grow. Obviously, uh seagate tech down four point: six: seven embraers down a little bit here up starts down 1.7 united wholesale mortgage down a little bit uh x, bing btx turn: okay, not a lot of red. I mean the things that are red or normally red. I mean uh created, ran like crazy yesterday.

I'm surprised it only ended up six point three percent, because yesterday morning i feel like the thing was up like 50 or something crazy, but uh that appears to have chillaxed a little bit fun. A lot of speculation and rumors about this big announcement coming out from uh rumble the uh social media, uh platform and uh. Some folks speculate that potentially there could be a partnership announcement between by a dwack rather and fun, well, not and fun, but uh with d-wack, which could be good for fun yeah. I think folks are really looking for a reason for the momentum to keep going at a dewac and fun.

Let's see how d-wax doing today so dwack today is up five percent uh in the pre-market, we'll see how things open up. This is the second day that uh shorts should be available for the company and it does look like we had a little bit of a pre-market pump here. So this is not really residual from yesterday, although it could be because we're still up a little bit, but anyway we had a little bit of a pre-market buy-in uh pump here with a volume of somewhere around uh 50 to 100 000 shares volume right now sitting Around 10 to 50 000, but closer, probably to a 12 000 average right here, so see what happens when when this one opens, let's see where's tesla, we got to take a look at tesla. Uh beats cause drops these days yeah on logitech, no kidding right yeah.

I don't see a miss revenue and eps everything up, uh tesla down about a quarter percent in pre-market coin base up about 1.4. This is despite uh bitcoin. Dropping a little bit here, charge point up about a quarter of a percent and uh okay. Well, we are about 11 minutes away from the opening bell.

So we'll see what happens here beyond me just getting erect. Look at that. It's like they're, getting deleted 93. The frozen food sector is just getting destroyed, absolutely destroyed, so all right.

What do we got over here? Backed holdings now up about 33 percent about uh 19.5 on brpm a little bit of a push there last minute on uh backed holdings cardano sitting at 216., bitcoin 62 for ethereum 42., all right! Let's go ahead and take a look at some headlines and see. What's new home prices in august hinted at possible cooling in the market, ooh. Finally, uh home pro. There are signs that home price growth could be cooling off in the otherwise red hot housing.

Market prices rose, 19.8 year-over-year jeez, that's insane, which is the same as the prior month. That's the first time the annual gain hasn't increased since early 2020.. Well, yeah, that's good! Like stop but uh, it's not a surprise. I mean you.

Look at the redfin data center you'll see a clear kind of traditional relaxation right after school starts. So it's really not that much of a surprise: uh. Okay, let's go to bloomberg. So this was his article on sheep here.

What do we got here? Trump tax cuts set to win staying power as democrats drop plans. Well, let's take a look at what we have here. So this is uh. President joe biden will likely be unable to keep one of his campaign promises to roll back the historically unpopular.

Well, i don't know if they're unpopular 2017 tax cuts because of unyielding resistance among even some of its of his own in his own party uh, all right. Let's see here, uh biden's case, kirsten cinema of arizona has loomed the biggest obstacle opposing the tax increases. Biden has already acknowledged that there aren't enough votes to raise the corporate tax rate. Oh whoa, that folks is huge for the stock market.

Oh, that is. Oh, that's. Dala hallas folks - and i imagine that could be what actually leads to uh a little bit more of a rally today, because when this tax plan was announced, the market fell uh a good three or four percent. I mean we had a fall when there was talk about uh corporate tax rates, going up, which we expect a higher corporate tax rate to 28 even 26.9, to have about four to five percent impact on the market.

If now we're not going to get that, we can see a reversal of that, and i think this just reiterates this end of the year rally that not only we've been expecting but uh that it kind of feels like we're in right. Now it's been a little bit harder to buy right now, because everything just seems to be. You know up up up up and away uh i've. Obviously, every time i uh either close an option or i sell some puts or whatever i send alerts in the stocks and psychology money group link down below keep in mind that coupon code does expire on friday, which just means the price is going up.

The next day uh, i know sometimes the people in the car is like heaven, dude joey's, a coupon yeah, but the net price goes up and up and up over time, and that is really just a reward to the early adopters. Like yesterday, i published like 26 new lectures totally for free, like there's no upsell for those in in the the program uh, but because of that price goes up over time anyway uh. So this is actually really really bullish. I'd, say: uh.

The setback is ironic, considering how many how trump's overhaul was historically uh. I don't understand why they're saying it was historically unpopular to whom was it historically unpopular, oh 538. Did the poll okay i'll hold my breath? Not all right, we'll see what happens in just a moment. I'm surprised uh that it seems like the corporate tax rate hike is out.

That's huge more about the tax plan will be known later this week, with senate democrats planning to release their own plan to fund. What's been shaping up to be a near two trillion dollar social spending package, the negotiations over revenue position, uh provisions are ongoing. There are many options for the wealthy and corporations to pay their fair share. You know i'm tired of hearing that fair share line uh and that's mostly because when i pay taxes i pay like 55, i'm paying lots in taxes.

Why? Why do they say it's unpopular who says it's unpopular about a third of voters currently support the tax reform package. I wa okay. This was this is an old article yeah. This is from from november of 2017.

I would love to see a poll after after the fact like now that it's been passed. How do people feel about the tao from 2017? I would argue a lot of the the provisions in there are actually relatively popular uh, but okay, trump's tax law could end up being one of his most enduring policy. Legacies. 2017 republican tax law took the corporate tax rate down to 21 from 35 lowered the top tax rate for the highest earning americans to 37.

This is bullish on the corporate taxes staying well. This is this is great tense lobbying, okay, obviously lobbying political reality. The popularity of a higher corporate tax rate means democrats are likely to continue to focus on that for years to come, i mean i don't and i'm not saying this to be political, but i don't think democrats are going to hold on to power in 2022. I think we just have to be real with that.

That democrats are probably going to lose power, so if they want to raise the corporate tax rate, they're gon na have to figure out how to do that, like asap and uh without reconciliation. I don't know if they're gon na be able to pull it off, so the fair share tax issue going forward is going to play a major role right: tax, the rich stuff, okay, got it whatever so uh all right, let's pull back uh so yeah, but that Is actually very, very good news, i will say on the corporate tax rate and i i would expect the markets to to be bullish on that. Overall, in fact, like i mentioned, i mean the indices were mostly green so far this morning already, and i don't know how much right now this is contributing to the market. I think it's just something that can continue to be a sort of a wind at the back of these markets, but uh worth noting again that markets did fall when this corporate tax rate plan was announced uh at the beginning of biden's term and so uh.

It's exciting to see a rotation here, nasdaq future's now up about point six percent: let's see how the market opens: okay, good! So, let's see here all right. We are now about three and a half minutes away from the opening. Okay good. So, let's see what we have here: bloomberger bloomberg musk sees german car comeback after tesla model top sales charts, tesla, elon musk, expects german car makers will mount a comeback after tesla model 3's top european monthly sales charts.

For the first time, german car manufacturers will rebound strongly. They prese possess great talent which will not sit idle. This, for what it's worth, i think, is a little bit political, because elon musk is trying really hard to get the germans uh on uh uh. You know on board uh with uh, with allowing tesla to to build their factory faster.

In fact, let's look at elon musk's follow-up here also tesla will soon be a german car manufacturer exactly uh and uh. I think he wants to leverage that brand too of, like that. You know when people think of german car manufacturers, they think of quality and luxury, and it makes sense that, if you wanted to to inherit some of that uh, at least for a german audience, that you would build them in in germany or even a european audience. That you would build them in europe.

I think it's brilliant. I i've said many times on the channel that i personally do not believe that a lot of europeans, uh or as many europeans, i should say, are jumping up and down at the idea of like a chinese-made tesla uh. You know there's no, no dis on china. I think, honestly, i think shanghai probably makes better cars than fremont does so i'm a big fan of the chinese-made teslas.

I just think there's a cultural thing in europe that once you get this berlin gigafactory up, i mean like tesla. I think i honestly think the tesla 3 x y are going to be uh the top sellers in in europe uh for for some time. I think all three of them will top charts. So i'm very optimistic about that.

We'll see what happens. Okay, so uh. How are we doing here at the start of the day, how's the firm doing by the way? You know the firm called a firm, a little bit of a rotation here going into the uh start of the day. I saw a little note there about uh, klarna and stripe.

This is a it's a game of land. It's a land grab game right now. These uh buy now pay later platforms or land grabbing uh uh after pay klarna partners with wix uh to provide final pay. Later so, klarna's going with wix - and i think somebody mentioned stripe potentially as well - and the firm's got amazon and shopify it's kind of interesting, if you think about it, just the the land grab that we are in.

Let's see if i can get news on stripes yeah there, it is uh 627 clarinet stripe enter strategic partnership. That was essentially right here. When that news came up. No i'm sorry, stripe strikes ties no, no! No! No okay! That was an article was published at 627 by the dow jones, but this announcement actually came at 5 30 in the morning, which would be uh over here.

You could see like no impact to the stock at that time. All right folks! Here we go. Let's listen in to the battle two times: four: there's bananas right! You know ford's gon na have a really big, my chapel trust zone, sport, a really huge uh electric electric suite next year, and it's not it's kind of like yeah. You know so what i mean they're going to be sold out of the f-150, but it's yeah.

So what - and i just find this astonishing - that it doesn't matter what ford does, what mary barra does holy smokes? Look, how green that is holy moly! Oh my gosh, these see look. We've said so many times on this channel that february march april. May some of these big dips, those were the times where it's like folks. This is the time to add.

This is the time to add. This is the time to add and uh. Now now we're looking back. Hopefully, hopefully you had it uh anyway, a firm a little bit of a red candle.

Stick on the firm as we're starting was green as i was watching it as we opened up a little bit of a red candlestick here on sofi lucid's, going with a green candlestick. Uh we've got oh look at this run. Folks, let's go brpm up! 28. 29.

Oh snap, we, oh my gosh, thirty three percent up. We are in a we folks. This is a uh we're we are in. Look.

Let me let me rephrase this okay. Spacks were sexy back when nicola was a thing then spex became really unsexy. Now specs are sexy again, the sexy is back for spaxx, the sex is back in specs uh, but anyway uh this is uh. This is pretty incredible, so uh, let's see what else we have here.

Let's see how's uh fun, fun is uh. Uh fun is not having fun fun's down about eight percent here. Dwac is actually up three percent, but it is red candle sticking from being up about five to six percent. Uh shiba inu, shout out to the sheba army, had an all-time high of 48.60.

Now, at 46.78 brpm at 36 percent now my gosh uh you've got uh draftkings up six percent. Let's go draftkings has been uh, oh draftkings broke trend to the bottom and now we're moving on draftkings, draftkings, uh trending right now on stock twits. I want to see if there's any particular news for uh draftkings other than uh. Of course you can get up to seventy dollars totally for free with public.

By going to mckevin.com public go to mckevin.com public get up to 70 totally for free. They don't use payment for order flow and they won't buy or sell information. Draftkings this morning confirmed that it won't make a firm offer for entane. What is it with this market like punishing people and companies who are wanting to do uh partnerships for mergers like paypal and pinterest gosh? That was like so hated there? Oh, my goodness, gracious that was insanity uh, but anyway uh.

So then we've got uh dwac warrants uh; okay, oh dwac, just moved up again a little bit 5.69 here you go dwac moving a little bit right now. Let's look at the downside here remark. This was running yesterday. A lot now down 16 17 funds.

Really the one getting burned right now down 12.7 percent created down 10, all of a sudden here, ouch hud 8 mining down 4.9 as bitcoins falling a little bit. These are our big losers for the day, a firm now down about one point: two percent uh yeah uh logitech down: seven percent genius down a little bit after running yesterday, upstart two and a half percent to the downside, um embraer beyond meat point six. Two percent of the downside matter: ports down about one point: three percent and then we've got pinterest pinterest down about one percent again pinterest just get beat up, looks like something's rotating a little bit more to the red side. You've got uh trying to understand this market.

Here: draftkings hmm toast 2.37 percent peloton's up wow tesla. Oh my gosh tesla's up one point: seven percent end phase: one point: eight percent win resorts one point: four: five how's wayfair doing these days: oh there's wayfair! It's up! One percent today wayfarer sitting at 237., okay entane shares tumble as draftking says it won't bid and draftkings is going up, did not know that in tane was public entang. Oh, where is it? I don't know that that's entained, entane and tane. I don't know if this is the right thing, but it looks like it looks like an otc that isn't actually reflecting in price.

Yet here: okay, fine, then all righty! What else do we have here ocugen up about 20 proterra? 5.4, very nice nvidia, 4 wow? Why isn't video all of a sudden moving like this hold on a sec set this up? Nvidia uh, okay, nvidia adobe max kicks off with new rtx accelerated adobe functions, nvidia suit. Now, um social buzz mentions uh. Some trends on uh reddit about nvidia, but i don't particularly see a big heads up here on uh any reason for uh this uh. This move here on nvidia 4.43.

I mean hey great uh, good good for them, so draftking's still sitting at that six percent d. Whack where'd dwight go what's what's dwack doing dwack about four point: oh wait! Oh gosh bouncing all over the place, my goodness two percent, okay dancing around two percent right now to the upside uh downsides, i'm still looking at downsides. Fun wear just evaporating down 17 on fun wear. I would expect that there's going to be a rotation now out of potentially fun wire and into some of the other momentum movers.

That's usually what happens that could end up being brpm, which i had a really strong start ran up to about 35. Now it's holding on to about a 30 gain here. You've got uh lidar of 27 nice. They must have news, lidar see what the news was on: ai, all right, individual company news, so ai sores in pre-market action as investors bet on autonomous vehicle upside okay.

It looks like there were some ratings announced yesterday by roth capital uh, and this is uh promoting, potentially a little bit of a run here on uh, ai or lidar, but otherwise i don't really see a particular catalyst. I mean i know that autonomous vehicles have always been the the reason these stocks are doing. Well, maybe just really just the movement in uh electric vehicles yesterday is promoting some of these lidar companies to go because we saw a quantum scheme move up as well. So you can sort of see that ev rotation a little bit of uh joy for the ev markets, yeah downside still roughly the same here, camber energy sitting down here as well.

Some of the older momentums matter ports down a couple percent. So it's coarse hair, alibaba expi, a firm down about one percent here yeah was up, one percent coinbase was up as well. Coinbase was up a few percent two or three percent, and now it's uh, that's down about uh. One percent kind of mixed market doesn't seem like it really knows what the heck it's doing right now.

Dave buster's is nearly flat. Uh, oh did fun, do an offering. That would make sense. Let me see actually very smart, uh fun, where i don't see that, though trading at fundraisers engineering there's a trading pawn, i don't see that oh there, it is you're right, funware refiles prospective supplement for 48.5 million 48.5 dollar, offering it doesn't say million.

I imagine they mean billion million, but anyway uh yeah. Look at this weird kind of movement. Here in in tesla, you had a little bit of a run here to start with hit an all-time high of 149 intraday all-time high, a little bit of a sell-off here, and i think we've seen this on a few stocks. Now a little bit of excitement coming out of the gate and a little bit of sell-off now how's backed doing bkkt holdings holy moly.

It's plummeting! Well, i mean, is six percent considered a plummet? No, maybe not really a plummet, it's more of like a sell-off. Yeah um uh gamestop enters the metaverse with web3 gaming job post. Oh really, that should be bullish for gme metaverse yeah. I got some some movement here on the potential news of that job.

Posting tattooed chef up a couple percent today: google up 1.35 uh. Oh look at the movement here in brpm, it's just kind of like all over the place right now, draftkings 4.62 uh a lot of volatility this morning. I think the market's very confused in terms of which direction to go the smp has just been straight, though yeah good, uh, good good s p moves here, neo up about uh, 0.7, good, good, good yeah. Let's see what the news is on occugen and then we'll go on over to bloomberg: bloomberger bloom, doug, all right, ocugen again just trading volume, occugen extends gains as world health organization panel reviews, uh a begins.

Review of partners covered 19 vaccine; okay, good good, good, good. Good all right, upstart, three percent to the outside upstart's, been such a great stock. You can't complain about upstart being down three percent like that. It's it's such a great company uh in terms of what their share price has done.

I don't know much about the company itself, but they've just been killing it where'd a firm go. I thought they were down here somewhere. Oh there, they are one percent, yeah, okay, big deal. So what else dave buster's .46 to the downside, lemonade's pretty much flat tesla's? Nowhere to be found tesla's, hiding somewhere.

I don't know where it is. Oh there it is wow tesla's 1.62 to the upside right. Now it's at 141. jeez, my goodness wind resorts, canoe ev, is doing great right now.

The eevee cycle is here all right. Let's hop on over to bloomberg all right, we got here bloomberg all right, so we talked about the trump tax cuts, stocks to write, rise to record highs, with earnings and focus facebook's algorithms. Increasingly insights of u.s lawmakers tesla is the lowest revenue company to hit one trillion dollar market cap. Oh nice, draftkings walks from the entang offer um.

Oh whoa, let's see here banking watchdog how to squeeze in a side hustle without losing your day job. I don't know a lot of people with side. Hustles want a loser dj, it's like please let me do something else graduate to something else. All right, not much excitement over.

Here, let's go to uh financial times whenever the darn thing loads and then let's go. I do want to watch bkkt. Oh holy moly. Look at it! It's back up! Look at that movement on bkkt! Now this thing was up like 30 percent um just right before the pre-market, and it was up like 70 yesterday uh in the after hours after skyrocketing.

Before that, so it's interesting to see this sort of morning dip and then this recovery here keep an eye on that fun down 18.3 percent problem with doing an offering. Is it kind of sets off a selling catalyst? You know that's the downside about being uh if you're in a stock and and then you you end up having a move like that uh, it makes sense for the company to raise money company wise, it's a great idea for them to raise money, but otherwise yeah. It's it's so uh, amazon's up 2.4 tesla is almost at two percent right now. Oh it just updated on 142.

wow unreal etsy up another 1.25 percent. You can't stop etsy, it is so cool love, etsy, etsy's, just been killing it, and a firm uh is hanging out hanging out around that that one percent to the downside level, all right so uh, let's go ahead and oh look at back back's pushing back back, Is pushing back up 11 right now again, if you're interested in the fundamentals watch my video on backed yesterday, i i spent a lot of time putting that together, uh, but anyway, financial times. What do we got here so um all right? Why jay powell has been a dangerous man at the fed, ooh jay pal dangerous all right? So, let's see here, okay, what else tesla source past the trillion? Here's that klarna update. So this is why a firm's down about a percent take a peek here, online payment processor stripe entered into a strategic partnership with klarna, allowing retailers to easily add the option together with stripe.

I love stripe by the way. I wish a firm got this partnership honestly, but uh the partnership with stripe, which in march became the most valuable private company in silicon valley, mirrors payment yeah, because i think they value them at almost 100 billion dollars regulator. So what else give me some news? Who's got news, see what's on term indices, strong nasdaq's up 0.75 very nice, and let's see, we've looked at the bloomberg bloomberger stocks rise democrat we talked about taxes talked about yields, not much really moving on yields 10-year break even look at that 10 year, breakeven treasury Ten-Year break even right: okay, um well one day that will load and we'll come back to that. So what else do we have here? Hey uh, look at that lidar company now up 38.

On, like what news i mean, that's that's incredible! Good movement! There quantum scape of about four percent wow holy moly tesla's at 151, all-time high, all-time high here on tesla whoa, it hit 154. Oh my gosh, it just ran to 156. holy smokes. Oh man, you can't you can't stop this one! Oh man wow! This is really incredible what what moves here by tesla absolutely unreal fund, where down 24 by the way, uh dw ac, warrants down a chunk.

Oh oh dwac selling off now down to 77 somebody posted yesterday that they bought dwac because they heard me mention it on a live stream on friday made five hundred thousand dollars yesterday saw me short it on the live stream and then sold to take their 500 000 attendees and now it's dumping, congratulations to that person and they they nailed it so congrats wherever you are good job, all right, wow tesla, three percent! That's it! I mean that's good! That's good! Wow wow! I wonder what the tesla volatility is looking like castle tesla. Let's talk about tesla, so tesla tesla's volatility, yeah tesla's volatility has declined a little bit as of yesterday yeah. Well, that's kind of what we expected, but with this price increase i think that volatility is going to go up again because it's this is insane 3.6 on tesla 3.7 on tesla, now holy crap, um yeah see it's one thing: when a stock goes up, like 20 Percent like uh brpm, which i'm in this trade, by the way you know it's one thing when it goes up 20 because there's been a lot of love for these, these back runs to take hold uh, it's quite another when 50 of your portfolio is in a Stock and it's running - that's crazy: okay! Well, anyway, uh where's, dwac! What's going on over here, still falling now, it's 76 dollars and uh matapor down about 2.8 embryo. What's magic man, reports volatility go up yet mttr.

Where is evergreen going to find money to make its payment? Well, according to china, the guy should just uh the the owner or the biggest shareholder of uh evergrand should just pay for it out of his own personal wealth. That's what china says: uh matterport yeah volatility declined slightly all right, good job uh, let's see here, d-wack is now down 7.6. Let's go to the top again here top here, ocugen 27 brpm 20., hey where'd ai, go. I think ai probably got halted because it's not here anymore.

Oh my gosh tesla's, almost at four percent to the upside holy moly, woolly, woolly, woolly uh. It's doing that 21 day run thing. That's insane! Evergren did make a payment a couple days ago: yeah they did but a little bit more time, but they've got lots more payments coming up: docusign 1.67 robin hood's, actually up a little bit today, neo etsy and phase wayfair, okay, some green over here any opportunities. Anything we could go shopping for fun way are now down 29 on fun, where 29 holy crap and uh dwack now down 9.6 percent, so pinterest 2.3.

What about where's that uh where's amc there it is amc, is down about 1.25. Oh affirms recovering a little bit. I just came up here to 0.96: oh yeah affirmed that 0.77, the firm's trying to recover paypal, still red tiny little bit tesla sitting at that 3.76 level. Big big, big, big numbers, uh hood - has earnings today, yeah today's gon na be fun later today.

We're gon na have uh, let's see who all reports today, let's see here earnings and then you wan na watch these so ups ge, oh well. This was before this was pre-market, amd microsoft, google, visa twitter, texas instruments and phase and uh surprised hood's, not even on this list, but yeah hood's supposed to report today. Yeah, i'm surprised, huh, okay, but anyway yeah hood reports today too tesla's about to hit four percent. Let's go: oh, it's bouncing off that four percent level jeez there.

It is four percent wow. The attendees are looking very fresh right now i'll take a few out of the oven and eat them. Oh, my gosh uh dweck's sitting down at seven point two: seven percent fun where's, still at twenty-six percent to the downside. Let's go ahead and look at some headlines here, but this is uh.

This is incredible. Absolutely incredible! Four point: four: twenty on tesla wow, all right 10-year, break-even inflation rate has just spiked to a higher level. Oh good, one yeah 10-year inflation rate has just bypassed our may highs on inflation. Fears really wow.

Dow jones adds another 100 points to all-time high. Amid strong earnings yup, what a market is bkkt halton, oh how's, it doing bkkt ooh halted at 29. uh, it's declining again! Oh, that's, not good! You get a halt on on a on a declining rotation. It's not so good! It's not so good! Uh lidar! Oh dang, look at that lidar pops off 43 yeah! Look at that pump! Oh my gosh pumping pump it oh tesla! Oh 4.26! It's now at 10.71, 10.72, oh 1073, 1075.

1076, holy crap. Oh my gosh folks. The stock doc wants to write you a prescription for some more tesla wow. This is insane well.

I apologize to everybody in the stocks on psychology and money group who had to listen to the hundreds of alerts you got on me buying tesla during the dips. Okay, maybe not hundreds of alerts, but i definitely uh bought tesla options and and uh shares and dip back in may. This is cool uh, okay anyway. So what else do we have here? Well, brpm looks like it's trying to run again here: 23.

24. Oh we're getting a good candle. Stick here, 25 uh lidar doing really kicking butt here uh. I can't believe that tesla is about to be 5 up on the day.

This is this. Is such a beautiful chart? This is unreal uh somebody pinch me: ugh, dwack down 9.75 right now, ouch, let's see here, i'm kind of curious to see i'm gon na look because i remember i shorted this thing. They make it so hard to understand, what's actually happening, but i didn't show much of it. This is like 30k or something like that, because the risk in shorting is is a lot it's high, but uh yeah, it's hard to tell interactive brokers, makes a little difficult.

Twac, so why do they say it's at 86 here? Why is interactive broker so slow? I don't understand that website. Oh delayed price. Oh, what do you have to pay for better pricing? Oh my gosh, someone says tesla's inflecting. Well, an inflection would imply down since it was going up uh whatever uh, i don't care i've.

I've made my moves on tesla. So what else here? Oh look at that brpms now pumping. Oh look at that! Oh wow and that's not even on a lot of extra volume. 31.

Now this by the way is one i bought. Yesterday, i sent out an alert in the stocks and psychology of money group. Just saying that i thought that uh there was a good chance that uh this you know you probably can't go wrong buying it at around 11, because uh this, the spax season, seems to be here now. Obviously, it's had some pretty crazy fluctuations today, but i mean okay between 20 and 30.

Oh, oh tesla just hit 5. So much for that inflection point boom. Oh, i mean look whatever anything can happen but uh! That's incredible! Can you confirm rumors of sheep on robinhood today? I have no idea, but i can look on the term. The bloom, turbo tubber ball bloomberger all right.

Let's see what we got unity's up three percent today i see no news. I see no news, you know what we need to do, though, is we need to write down expectations for the hood, the hood of the robin. Let's write this down. Are you ready for this hood robin hood, robin hood expectations e p s a negative 0.85 3.

So expecting a loss of 85 cents, a share e p s for gap, negative 1.11 1 revenue expected to be 423 mil and net income expected to be negative. 799 come on vlad. Give us uh, give us a hint what's going to happen dog all right, uh! You know what we should look at is payment for order flow payment for order flow by retail broker. Okay, so i'm gon na look at payment for order flow by retail broker and, let's see huh by retail broker option.

Why do i still only have june data? What is this garbage? It's been a while since june get the new data out, i'm sick and not having enough data. I want data, what's the breaking news with breaking news. If we look at consumer confidence for the month of october, expecting the number near 108 much better, 113.8 113.8 sequentially following 109.3 - definitely solid and what it does big bump there. Consumer confidence, 13 113.8 versus the 108 expected energy prices rising, of course, and if we look at the present situation, it moved to 147 following 143.4 and finally, expectations jumped to 91.3 following 86.6 richmond fed for october at 12.

Definitely reversing a minus three, which was the first minus number in 16 months and finally, the money ball new home sales for the month of september jumped to the highest level since march, at 800 000, it's easily adjusted annualized units and, of course that follows a downward Revision of last month, from 740 000 to 700 and 2000 - and we all know the issue with home prices, this jump was somewhat expected. I'm gon na pull off this. Yes, the um. We already talked about home prices, okay, so what else here? Uh brpm really rallying all of a sudden here, 31.6 lidar pulled back lidar just pulled back substantially, and i want to look at d-wack here for a moment.

Fun wears down at 29 dux chilling at about eight eight eight seems like it kind of bottomed here. Oh backed holdings uh halted back from its halt, fell to about 25s, whoever had a market order or or uh. You know, a limit that ended up turning into a market got a little screwed right there, but uh yeah a little bit of pain over here. I'm back again, if, if you're interested in that company watch my fundamental analysis, video, that's not really a full fundamental analysis, video, but it talks a lot about the fundamentals.

Watch that video. I think it's it's an excellent video. I i keep saying that, because i i don't know sometimes those videos like i feel like they should get better views, but uh, oh tesla, falling a little bit rotation down. They were right.

The inflections here all right. The stock doc is gon na go over here. To bloomberg now to see what new medical advice we can get, hashtag, not advice, uh, all right, i don't really think we have much other news. I mean regarding payment for order flow.

By the way, i was going to say this about robin hood holy crap, really how did hold on what are they going to report because payment for order flow for robinhood in q1 for equities? Oh, that's! Probably why they don't have the data yet because they don't give it to you until they report earnings, maybe but q1 was 230, 213 and 230. What the heck is that 2, 230, 230 plus 230 plus 314, we'll call it that 774 was payment for order flow in q1. Q2 was 180 plus 166 plus 229, but we've already had q2 we're trying to get q3 now and june had the highest number here at 229 for options. That's just options for robin.

Oh sorry, that's total, so uh robin hoods was less sorry. That's total between all the brokers and millions of dollars of payment for overflow for options. Robinhood, though, had its highest payment for order flow month in june. If that trend continued into q3, it could be bullish, bullish for robin hood.

Actually, robin hood uh payment for yeah, but their stock payment for order flow was nowhere near what q1 was still on that similar uptrend, though all right. So then we have. I want to look at historic volatility on hood really quick here. One sec hood by the way, right after this i'll be going to the course member live stream, which we do every day the market is open, must uh.

We do lots of q a stocks real estate talk about some more details on my thoughts, especially when you have questions about my thoughts. We can go deep on those that'll begin after this, and if you want to join those live streams, you can actually check out any of the programs. It doesn't have to be stocks on psychology, but it could be any of the programs you get access to the live streams, historic volatility on robin hood. It's been bleeding out a little bit of a pop-up, but we are at a we're, definitely at a low in terms of historic volatility, not the lowest point, but a recent low.

How is hood doing tesla's holding on to 172.? That's insane hood hood sitting here. It's up 1.26, but look at it. I mean it's a it's at a it's been at a bleed out. Look at this bleed.

Look at that bleed that is just like gross. Then again, it is up from ipo price, all right. What else is moving brpm push? Pushing pushing 35 now nice noise, very nice ocugen ai, popping back up after that dip there tesla four and a half percent. How are the losers loser to all fun is down 35 percent d wack down 15.

Oh my gosh ouch. Okay, then, we have backed holdings down 11 right now. Oh, oh, oh geez! This isn't good uh what's happening in the middle twilio click yeah, twilio! Okay, give me a second here all right: let's see what some of the uh the headlines are. Some of the the media is talking about.

Let's give them a shot here for a moment as well as some unique smaller names exposed to some of the key secular drivers like 5g, even housing. Why does that seem like the wrong hold on changes from apple's? Having a real impact, that's that one here, let's bring in matt miskin matt. What are you finding that pricing power at the moment? I think joanne's right you know, technology space is, is one that can see pricing, power and good balance sheets good margins. It's going to be a war on margins going in next year, higher wages, higher interest rates, higher input costs nearly across the board, so you've got to start with the margin screen.

In our view, looking at the overall market, so communication services, technology, health care is one that we're really getting more positive on it's more defensive, it's lagged, but that could be a winner next year. So you've got to find those companies in those sectors that can have good margins into a tougher year, going into 2022. a war on margins into next year that next year, piece of it. This was chairman j powell.

He said the following: going into the weekend: the wrists are clearly now to longer and more persistent bottlenecks and thus to higher inflation. Matt brown - it's gone from year-end talking about september things starting to heal into next year. Mid-22. What are your thoughts on the calendar? Now? Matt matt brill yeah see you in june right jonathan, that's that's the new the new phrase, so i think i'm gon na pull off this.

I don't know it's a little boring uh facebook reports mixed q3 yeah. I don't really care about that either somebody's asking. If i still hold my dwac short heck yeah, i do so backed holdings and i'll uh. Oh a firm down about two percent right now: uh how's the volatility gon na firm.

Let's see here a firm from a pharma firm, individual company news, hvg, so historic volatility on a firm, pretty low, pretty low right now, so not not something very exciting for, like cell calls or whatever uh tesla city really holding on to this 4.8. This this 1075 level, pretty impressive, pretty impressive, good job tesla all right. What else i tend to know not much other news on bloomberg: uh, tesla, five percent - that's wonderful! Not much other news! Other than uh d-wack going down! Bk bkkt heading down upstart down owlette down, affirm slightly down that big of a deal. Okay, let's see here all right what else? What else? What else embry air is down? Three percent headache mining.

I wonder how hot aids volatility's been any kind of uh opportunities here? How they mining? Oh, let's see that ain't mining volatility wise it's actually at a at a high right now huh. I wonder what cell puts look like ion q. That's ion, let's check in the site, but anyway uh. Let's look at uh.

Let's look at here! I'm going to go for uh, let's go to 52 day at. Let's try twelve dollars sell put! Well, that's not bad! It's not bad at all. It's actually really good yeah! You can get some nice credits on sell, puts here on hut. Like let's say, if you did, i don't know, i'm gon na go just go ridiculous here, uh.

I don't think i wan na. I don't know twelve times one, that's too much for. Ah, that's probably too much but anyway uh. If you did a self put on this, this would be like uh two dollars and ten cents here for 56 saw it so as if you think you can buy hot eight or, if you think hot 8's gon na be over 12 for the next 56 days.

Uh, you can sell a put here and they're, not that bad, not that bad at all uh, unless of course it falls more. You know then, but anyway yeah. Definitely definitely some people shorting uh btc right now so dwack sitting at 13.87 percent of the downside. Bkkt is trying to come back a little bit down uh down about six percent.

Now that that means the entire, like 70 gain from yesterday in after hours has been evaporated, which is crazy to think about and towards the upside same thing. Yeah tesla's, just holding on to that five percent. Dutch bros came back good job, okay and neil's up three percent awesome: heck, yeah, docusign's, up good, win resort, win, wins up good, so in the faves here, palantir shout out to palutear the palantir army, two percent; okay. So i think we've mostly covered the news here, one more time here at top news.

Well, the consumer confidence news is great. It's kind of boring, curious to see what'll happen with robinhood today so anyway. Thank you so much for being here. Folks, i'm going to get another coffee, we'll come back thanks again, uh i'll.

Look at that iq thing. Whatever ion cue thing and i will see in the next.