Hey everyone welcome back to another market. Closing live stream. Welcome! Welcome! Let's take a look at ceo. What's going on the market, it's really incredible! Uh and if you have not yet watched the federal reserve video, please make sure you watch the federal reserve video, but it's really incredible how the market is looking at uh, essentially inflation and um, saying whatever whatever uh.

It's very very interesting to see this dow jones essentially flat the biggest runner here technologies, and this is really really good. I'd like to see this, i want to see the nasdaq 2000 run, uh, it's uh, it hasn't had the best. Let me see if i can get a chart here uh, it doesn't matter right now, but anyway, nasdaq 2000 has has generally been the face. Uh here we go has generally been the face of uh of any kind of burning like when we get inflation, fears or uh treasury yields going up.

It's usually the nasdaq that starts falling. So if we zoom into the three month year, we kind of see we've been pretty much flat on the three months, we had a little bit of a run here, the beginning of september, but really started falling towards the end of september. This is where we had a lot of that pain where we felt a lot of uh man. This is just one of those uh.

This is the beginning. This is the sell-off uh. This is it uh and uh and sure enough now we're in this position where we're really starting to see somewhat of a rebound in the nasdaq. Now it's small here on the three-month chart, but uh it's real.

It's it's a real rebound. I think it is a sign uh, very, very clearly, of uh inflation expectations now being priced in. It's a sign of the market, saying the fear catalysts are over uh and now, with the fear catalyst over the market. Just don't give an f the market's just like yo.

I want to be in it to win it, that's what we got, and so that's really what we're seeing here. We've got companies like toast and dutch bros coming back after some sell-offs after the ipo we had runs and then sell-offs uh. Well, certainly, at dutch bros we're seeing hippo holdings come back. I did send some trade notifications by the way so for those of you in stocks and psychology of money, there's some option, contract trades and share trades that just went out about 20 minutes ago uh, but anyway, uh hydrophobic.

Look at this very good food company was running, ran almost up to three dollars and totally u-turned here we're seeing a pain at the airlines, a lot of pain at the airlines and for some reason, dave and buster's is being caught up in this cheesecake factory. American express some of these recovery stocks really getting pulled down a little bit which, if you think about it, is literally the opposite of how things used to work in the past. You would essentially have inflation readings, go up, technology sell-off and uh, a consumer cyclical like a lot of the recovery stocks, do well you're, literally having the opposite, having happening right now. It's this! It's this flip-flop and i think it's because people are realizing hey sure.

We have these inflation issues, but these technology companies are where it's at. Why? Because they're going to get through this they're going to come out more efficient, they're going to come out with fewer employees, they're going to come out with higher prices and those higher prices will actually end up sure being paid by consumers but lead to uh pumped margins. At the companies, the companies, as long as they can pass along, eventually the full price of these inflationary bumps or the full amount of these inflationary bumps. The companies are the ones who win.

You know i mean i mean think about that. For a moment, the companies win when there's inflation as long as they can pass it along, because, basically, consumers are spending the additional more money that they have. Companies are making investments to speed up supply chain issues to reduce their overhead by with labor, so companies are trying to reduce their costs at the same time, they're trying to pass along the inflation costs to the consumer, and now, if you go a year two years Down the road and you're like wait a minute, we have less employees, we have a more efficient operation. We passed along the full price to the consumer.

We don't have to drop the price i mean, maybe in the future you will, as competition drives, that margin down again, but at least in the shorter term, you could be in a situation where you have higher margins because again lower expenses and a higher top line, Because you've passed along a lot of those costs of the consumers which we haven't seen all of it passed along to the consumers, yet only about half and, quite frankly, it could be great for technology companies. Now, while that's great for technology companies, software service companies, whatever it's not good uh for companies like uh, like you know, a cheesecake factory, for example - that always has to fight for that recurring revenue. You got to keep convincing people to come and that's hard constantly convincing people uh to come back. That's one of the that's one of the reasons.

By the way software service companies have such high valuations a lot of times. I hear people say: oh well, uh. Let's see here if that'll work, uh yeah a lot of times i'll hear people uh say: oh well, you know the the earnings multiple or whatever for uh software service companies, so high yeah, but once you have a customer, you don't have to reacquire them. That's different! When you're at a restaurant or an airline, you have to continually reconvince those folks uh to come back and and that's hard now uh a quick note here.

Somebody is asking if they can pay for my courses with sheep. I think you can send sheep to my metamask but uh. Actually, let me just give you my coinbase yeah. You can do that.

I don't care. You just have to email me because we have to do it manually, it's not as convenient uh. I did also send out some crypto notifications earlier today and, let's see here, sheep yeah, okay, uh there should be a way to do deposit on i'm getting better at finally using coinbase. I feel happy about that uh.

So that's good deposit, uh, coinbase addy. There we go: let's, let's see how easy we can make. It only send shiba. Okay, only send sheep to this address.

Okay, here we go so uh you'll have to you'll, have to figure out how to put up that qr code. There you go, you have to figure that out. Oh, i have a key level on there. We go look at that, my very own.

She bad dress. I love it uh so anyway, okay, so uh yeah, i mean look to me. One of the reasons i have been in technology companies, so hardcore is because i don't really care if, in the short term, people sell them because of inflationary fears, whatever it'll be a better discount. For me, it means i get to buy my favorite tech companies cheaper i'll, take it.

I will take your technology stocks cheaper. Please sell the technology stocks to me uh and look at what you have you've got tesla sitting at 8. 10.. Oh, that's! Lots of calls! Uh, you got a whole variety of calls.

Uh anyway, tesla's sitting at uh, 8 10 you've got uh. What do we got here? Tesla's at 8, 10 moved up a bit. It's been great for the off, because i got a ton of options in the money out of the money. I got everything uh you've got uh, let's see here, cloudflare rotating up again, expi back to almost 46.

x spins, almost back to 40. poshmark. For some reason. Poshmark's just hitching a ride, neos up still sitting around 36, barely moving, barely moving 173 on end phase, really good uh etsy high volatility on end phase right now, as well etsy stable here at the 1 13.

wayfair went positive. Let's go look wayfair technically. Has this crazy consistency of getting back to 300, but i'll tell you the last two months: it's been hard for them to get back, been pretty pretty hard to get wayfarer back, but i do like uh wayfarer uh, so somebody asked about the community. Oh thank you.

For that, thanks drew appreciate that the return on knowledge will pay for the course in no time. Thank you for shooting, saying that uh, let's see yeah i have for coming here. No kidding did a little bit of hippo related trading this morning as well. Actually, just recently, but anyway, uh apple's, still sitting above our our channel over here, which is good, really floating above this not really adding heavy to apple uh, and that's mostly because i have you know, i'm really trying to go.

Five percent five percent, five percent amazon apple and uh google - and i really have to build up my google a little bit more and i have been uh, but i think i'm close. I think i'm like 3.8 google right now, but i i don't want to put too much money in these guys yeah, it's not so so urgent. I'd rather have some into some of the uh bigger growth potential plays. In my opinion, whether that's etsy lemonade, affirm, end phase uh tesla, if i didn't say that yet uh, whatever those those are some of my faves right now, uh, although there are always going to be more, i mean we always have met kevin.com solar for some of The other solar plays as well yeah docusign yeah.

I still think people are potentially selling this one down a little bit because of uh coveted cases going down. That's the only reason i could see for docusign having this recent downtrend, which personally i don't mind. Oh, we got to build up matterport as well, but uh anyway, donkey sign, yeah, see this recent downtrend that you've had right here and uh. You know you've already had a bounce around this level and so we're kind of going into potentially the second bounce.

Since we're up a little bit right now, so we'll see how that goes, amc is actually up. 2.4. Nice, a lot of movement on this one. Okay, why is somebody giving a bearish market outlook? Let me hear their thesis on the face of the earth.

What what else could you ask for other than a company like an apple to be the largest company, so uh, and then you've got this? You can ask alphabet facebook to actually pay a dividend, but beyond that i would say nothing yeah. Well then, you look at this tier beneath and it's a different story. I get it yeah, let's hit delta, very quickly uh. I was thinking today, despite beating uh earnings estimates, the airline's saying it continues to face now we already reviewed delta this morning now.

What i do want to cover has to do with jpm, so uh there's a lot of concern that uh. What could lead to a crisis in markets would be uh defaults, right and uh and too much borrowing, especially since margin debt is at all-time highs. But something's very interesting is that loan growth at these banks is particularly weak. Listen.

This loan growth has been a particular focus for bank investors, frustrated by the lack of progress in the business wall. Street executives have begun pointing to early indications that small business and consumers are taking on debt again after government stimulus checks to press demand during cover 19 crisis. However, consumer and commercial loan growth remains elusive, with period and consumer loans down two percent and commercial loans down. Five percent still total loans increased six percent from a year earlier, driven by the firm's asset and wealth management arm uh, but yeah consumer and commercial loans down uh, which actually reminds me.

Let's see, what's this uh um, oh okay, i always get these invites to these. Like jp morgan, uh events and stuff, but they're always at horrible times, like here's one october 20th, next wednesday, 12 to 1 30 p.m. Don't you know? That's when i do the market closing livestream anyway, i thought they were going to email me again asking me if i wanted to borrow more money which, to me just kind of like reiterates how the banks are like, let's, let's push more lending, let's push more landing, Like i don't want your money, keep your money, i don't want your debt, i don't want your margin, i got enough access and i don't want it the more access they give you, the more tempted you are to borrow it's bad see if, like you had like A 500k credit line uh, you might borrow like 100k of it, you had a 5 million dollar credit line. Borrowing 500 would feel like nothing right, uh, it's weird to say that, but it kind of does because it's like oh well, percentage-wise, it's so small uh anyway.

So uh yeah, okay, almost 20 percent of u.s households lost savings during cover okay, what's a bubbler yeah? Well, that's what happens when we go into a crisis uh. You know people uh people absorb or use up their savings, all right, so uh! Okay, let's see what other headlines we can get here, so we see the bump here in toast dutch, some of the recent ipos. Definitely some movement here in uh in poshmark. Finally, but look at that six percent gain folks.

It's like next to nothing, nothing, nothing! Nothing! Uh over here in poshmark, it's just getting been getting hammered. I wonder what the financials are. Let me do a quick little financials look for posh. I'm sure we've done this before recently, but may as well just do another.

Let's see what we got and then we should look at historic volatility. I give it a sec here, so still money losing it's got a market count really poshmark's only got a market cap of like 1.8 this summer. Is that true posh stock? It's just the easiest way for me to find market caps honestly to google, it 1.8 billion whoa um. Folks, it's okay, though it's only down 75 percent uh year to date or 70 in the past.

Oh well, it's actually only been public since jan 15.. Oh okay, uh all right, so revenue expected to be around 330 million by the end of the year. Still losing money won't probably won't go profitable next year, although might to be pretty close and then we'll get to an eps of about six cents in 2023. Uh with growth around 25 25 to 30 percent year over year, maybe we'll get to a dollar eps by 2025.

Still right now puts it around 30, 35 times 20, 25.. So uh. I do wonder the trends on it, though trends gosh mark um, yeah kind of okay, so kind of flat. Let's see five years yeah, so you had a it's so weird, look at that.

You had a real push before the pandemic. Push before the pandemic fall during and it just it's just not that the growth story just isn't that great, at least what we're seeing on trends we're seeing that alex as well now. Is it fair that it lost 75 percent? I don't know, is it possible? It runs again sure, let's see what volatility is like on this thing, so this thing's sitting at it's a little elevated right now, not as much as it used to be yeah. It was lower hit a low around september 27th or a couple weeks ago.

So that's bumped a little bit, you know. Well, you know what is at a low in terms of volatility tesla, it's insane. I don't understand how the volatility can continue to be so low when the price just keeps going up, yet it inflected back down yesterday. Actually, today, sitting at 13.4, which for reference 13.4 is 40 less than its 30-day historical uh and about 53 percent less than its 50-day historical and 57 percent less than its 100-day historical.

It's just been on a straight downtrend on on tesla volatility, so yeah like now is the time to do. Tesla calls, in my opinion, not saying do it uh but in my opinion, not financial advice. I find them to be somewhat cheap right now, uh. You know.

No guarantees again so, like i wonder if you went, let's see if you went in the money here on a tesla call: okay, whatever you do, do not copy me! Okay! So if i went for a jam, let's say i go for a jan, which would be the lead up to hype we would have. We would have deliveries for the end of the year right. So let me go in the money on it. I don't know, go to, let's see here, uh, let's just go for giggles, okay, let's, let's see how much it's gon na cost me to get this 188 and that's too much.

Okay, let me go to 700. 700 148 gosh, it's expensive uh! I mean it's still. Tesla, so if i go 750, no, that's about 866! That's too much! This would be about 8.48! That's better! That's not so good! If i go to 600 231, that puts me about 8 31.. I guess that's potentially better and maybe, if i go to disad, doesn't make that much of a difference.

Yeah, i don't know i might potentially consider getting something nicely in the money. If i really wanted exposure to tesla with a call so the in the money not too far out, you know maybe to get that january delivery figure uh. Maybe when i go for well, if i go any further, it's just gon na get ridiculous expensive. Oh, the bell's coming up.

Oh well, nah, i'm good oils down a little bit. Gold's have a decent day, strong inflation print without yields rising. That's just the gold of about two percent for the equity markets. We are fractionally high by a couple of basis points on the dow up about a third of a percent on the scp.

Well, there it is folks, it looks like the market literally ended, full green, dow up 0.01 or basically flat, but still slightly green s p. At 0.31, nasdaq got 0.73 and the russell 2000 0.34 uh. That's right! You get to look at sarah eisen, but hear my voice. That's that's the perfect balance right, uh anyway, so uh yeah.

I mean what it would like. Okay, some i see some people like why so much in the money, uh yeah, how? How would i do it? I pro i like, i would prefer in the money, because i'm gon na have a little less risk on it. Uh. You know i i'm tempted, tempt attempt attempted by those 600s uh.

You know, for example, if you got one tesla call, it would cost you twenty three thousand dollars. You got a january 600 for january 2022. This would be like you agreeing to pay 832 dollars for the share, because what you're doing is you're, adding your your option: contract fee of 232 dollars plus 600 right, so that would be uh 23 000 for that contract. That would allow you to buy a hundred shares of tesla uh.

You know at six hundred dollars in the future, which would cost you 60k uh, or you just trade - the option right, because the options costing you twenty three thousand dollars, but anyway uh yeah, that's um. With how low the volatility is right now, it's it it's interesting to me. That's all i say and we're on this beautiful trend. Now, usually, i like buying these when they're red, but the volatility is just so red right now, uh so in some sense, there's still some red, but anyway uh okay.

So how did we do into the clothes here? Let's start with losers: hydro farm delta, crisper, very good food, sheep, ashford hospitality, gosh they've been stuck around 13. arrival iron net, united lots of recovery stocks and smaller specs or or smaller more risky place. Smaller more risky cost smile, direct iron net tmc, ashford uh. You know these are your hydra farm, you're, smaller, more risky, uh, smaller cap, more risky stocks, voyager digital right.

These are some of the more painful ones because they have more risk and so risk selling off and you're really seeing recovery self as well, but you're. Seeing this rotation into potentially less risky tech uh, like you know, or tech or higher valuation, and that potentially would be stuff like well, i guess i couldn't call it less yeah i mean, i would say: expi is less risky, for example, than like hydrofarm, so expi Up 5.6 hippo insurance, which has been oversold red fin, zoom trade desk, a farm these guys all kick and bought here. Tesla was up today slightly. Let's see how much it was up today, neo up 2.01 and face up 1.98 matterport just broke 20 dollars in tesla tesla sitting at 8 11, which on the day, worked out to tesla tesla tesla.

Here it is a 0.67. So up two thirds right here on tesla uh. So then we're gon na look at uh. Let's look at crypto here for a moment, we'll see some headlines here.

Oh we do. We. I think we have some earnings today as well uh. Is it today earnings? I think they were mostly this morning: yeah yep.

They were mostly this morning. Um small sponsors by esports entertainment, gamble, gamble reports; gmbl, oh anything about that one. Esports, entertainment group, ticker, symbol, gmbl. They got a good ticker, oh good, for them options on gamble in it's a 6.54 stock options.

Right now on, this are implying a 17 move. Oh there we go gamble. Yeah, look at that so year to date: oh gosh, year to date, this thing has just collapsed, uh max history. Here what a weird like pattern! History here! I'd have to figure this out.

It's only a 145 million dollar market cap yikes do rdw amazon plus nasa contract. I don't know what rdw is hello r d, w red wire, don't cut the red wire all right where we got rdw red wire options raises six signals since october. One red rider wire, providing navigation components for nasa's lucy mission, critical navigation tech, red wire; yes, there's a catch! That's on seeking alpha jeffries initiates coverage on redwire, with a buy rating announcing a 15 price target, the thing's at about 12 right now, hmm, okay, now big single contracts always make me nervous, win big or lose big gosh they're tiny, maybe 40 million dollars of revenue. This year, maybe 45 million dollars of revenue next year, not profitable.

I mean, if you see a swing on it, because it's like trending on wall street bets or something fine, but uh. I don't know if i could fundy this. Oh yeah. They got a big boost because of uh the nasa contract yeah, but i i don't know if that's something i could fundy fundamentally hold all right, so gamble just reported their fourth quarter: q4 revenue up 63 uh, some acquisitions gaming license accepted by new jersey division of Gaming enforcement completed 35 million private placement of convertible notes.

I think the gaming space is uh, launched, pay and play casino brand targeting finnish gaming market. It's it's interesting to me. I just know so little about sports betting yeah. All right.

I wonder how they're doing gmbl. Oh yeah, it's up, 10 right now and after hours, oh people like it, people like what they're seeing gmbl yeah it's up - 10 11 right now in the afters. Oh yeah! Look at that uh, so it must have been some kind of expectation beat here. Net revenue was 8.8 million gross profit 5.2 margin of 59.

How much do they net net loss of four point, eight or two dollars and eighty cents per share? Well, um. That's pay safe bottom! Oh yeah! I don't know pay safe, oh gosh! It went down to seven dollars. I remember this spack, oh yeah. It was almost 20 dollars.

It's crazy yeah! I was in this for like two days i traded this one, oh, which reminds me if you want to get up to 70 in free stocks, make sure to go to mckevin.com public met kevin dot com public to get yourself up to seventy dollars in free stocks. They don't buy or sell your information and they don't use payment for order flow and check out the amazing programs on building your wealth link down below, because the price goes up on the 29th and they're gon na be some sick, sweet new lectures, they're showing you A lot more about options and what i'm looking for volatility, charts and so on, uh, because it's not just price when it comes to options. Super super important all right. Let's talk about pre-post, not much moving up in the pre or post market here with the exception of gamble, but i don't actually have them on the save list and to the downside.

You got cost back in that 18 range. Wayfair give it up when it came to uh, stupid wayfair and uh etsy uh etsy dropped from about 0.72, giving up a little bit of its game today as well. All right, let's see if we have any other news: bloomberger uh, oh yeah, let's look at crypto too. I promise we're gon na.

Do that so btc 57.2, very nice, ethereum 3528 ethereum's kind of been trading a little bit sideways here. I enjoy that as an opportunity to continue to buy, let's just go ahead and show that off. So let's go to the three month here on ethereum, you could really see this shelf over here around this 3435 level kind of been stuck there. You know not as low as what we uh what we had when we fell there to about 28 but uh.

Certainly certainly up do i predict ethereum 10k um, not as soon as others think do. I think i could see. If i, i would be much quicker to call 5k, you know within a year uh, which is still like 30, if you think about it, uh, but uh 10k nah. I don't know about that.

Yet i don't know i like aetherium a lot. I also like cardano a lot uh, so i know a lot of folks excited about polka dot. It's another! Oh yeah! It's not! Actually nice. Look at that move today on polka dot.

Oh, what happened here on polka very interesting uh nice move on polka dot yeah. I wonder why this all started around 9 00 a.m. Cali time, i wonder what the news is uh, let's see here. What's that crypto there's a a coin like telegraph, it's right coined a coin telegraph here we go, let's see if they have something on dot: dot, dot, dot, um, polka, dots, okay, well, look at this, and i can also look in the term, although i don't know How much i'm going to get in here you're kind of interesting pull god polka dot set state for anticipated pair chain auctions? Well, that's what this is right! Yeah! Okay! Here we go the much anticipated parachain auction process where projects are allocated sloths for building on the polka dot cryptocurrency network kicks off next month.

The first auction is slated to begin november 11th. According to the dot council. Okay, stepping back the poke poke parachain auction process is an important milestone in realizing ethereum co-founder gavin wood's vision for an interconnected blockchain framework. Paratrains have already been running successfully on polkadot's already live canary network kasama with 11 pair chain slot auctions taking place since the launch of state mine on june 3rd.

Almost exactly five years after the vision of a heterogeneous multi-chain framework was first outlined in the polka dot white paper pair chains are now officially ready for polka dot, interesting the dot race fascinating. I want to look into this a little bit more of the pair of chains, but so it appears to be the announcement on uh pair chains in terms of why polka dots moving as much as it is fascinating, yeah buy the rumors, sell the news - maybe maybe You never know it seems to be pretty common, though in uh crypto, so keep that in mind all right, so restoration, hardware up two and a half percent of the afters. No, let's see here hold on. What's this distress signals, let's see here, welcome nice to see you well it caught my attention that you were buying evergrass jet, the the chinese massive real estate company, that is on the brink of collapse.

I think they missed another, reportedly missed another bond payment and are heading toward default. Why are you buying this debt? It's a really um big issue in china. First of all, we bought a little toehold. It's not for our big portfolio, just a little training ledger that we've since cut our positions, but let me tell you about evergreen real quick, so you know here in the us back in 2006, the housing crisis started until 2011.

There's a five year decline case: shield index fell 33 and you know what happened to the banking system during the great financial crisis so over in china. Um here in the us, by the way, housing, manufacturing and housing production represents about four percent of our gdp in china. It's around 20 percent of gdp. It's a big number and evergreen's the tip of the iceberg, because there's five trillion dollars in debt on the sector.

In china and it's evergreen and many others, because evergreen's only nine percent of that - and so when you think about a big picture, there's a big problem coming evergrand has over a thousand different entities in their legal structure, 700 different projects and on 700 different projects. They're supposed to be delivering one and a half to two million homes from those projects. A lot of these projects are on hold right now, because they can't pay their contractors, they can't pay their creditors, and so it's a big problem for china for the chinese banks and it's it's the biggest domino. But there are many other dominars gon na fall right.

After that, and so based upon that uh further analysis, we decided to stay back for a while because we think it gets worse before it gets bad. Ah so you're out now yeah, because ever since really they they issued that grace period on the first bond payment. It feels like the market has been relatively calm about it. So, are you saying that the market overall, even u.s market, potentially isn't underestimating the risk here to china's economy and with the domino i think it's gon na be a closed situation for china, where it's gon na be a global uh chain reaction is potentially down the Road in commodity prices, because there's such a big consumer of steel of glass of commodity inputs that goes into building these big vertical buildings - and you know their average building - is three to four hundred units in a building and their average uh.

Building that represents a project is roughly seven to eight buildings that represent a project they have 700 of those, and there are less than 10 percent of the marketplace, and so imagine if the housing market would just freeze a bit, because these projects are down 33 in Price if they go down like the u.s housing market went down, and so real loss is going to be some of the home buyers that buy into these cluster projects, as well as the banks, as well as the creditors, as well as the contractors. And so we think it's best um to step back and see how far this falls see. If the government stabilizes the situation um before we proceed. Okay, all right got it, so he was buying ever debt.

Now he's not anymore. Now he's saying, hey, wait and see how bad it gets with evergrand got it uh, you know, and i'm not saying don't pay attention to the evergreen crisis could be. It could be a big issue. Uh i mean you've got folks calling for a chinese recession right uh, but uh yeah, something to pay attention to.

I don't know how big of a catalyst this is for us uh in the near term, we'll see them. I found this always very interesting by the way, it's also kind of sad walgreens to close five san francisco stores san francisco stores on shoplifting see. This is this is the idiocy of california folks, i kid you not. This is the idiocy of california, rather than san francisco, and the san francisco police department and the governor saying you know what we're gon na park a cop outside the store to deter crime rather than that california just says: hey, you want to close your business because You're getting shoplifted, that's okay, we're not gon na put him in jail.

That's okay! Just close your business! So we don't need businesses in california. We got handouts, it's so dumb. It's so dumb, like california, is so horribly mismanaged it's horrible. It's very bad anyway.

Walgreens is closing five stores in san francisco because of rampant shoplifting theft. Rates in recent months have risen five times the company's national average. Despite increased investment in security measures. Well yeah.

What are you gon na? Do you can't you you're not allowed to tackle anyone? You're? Not allowed to do anything anymore these days, organized retail crime continues to be a challenge facing retailers across san francisco. Walgreens will relocate employees and customer prescriptions to nearby stores. Organized theft rings have become a recurrent threat in the city in recent years. In 2020, a san fran police raid recovered 8 million in stolen merch at sole merch.

In september, the city established an organized retail crime initiative in partnership with retailers and law enforcement. The program created new law enforcement positions dedicated to retail theft and expanded resources for policing investigations. Great, apparently, it hasn't worked or they haven't done enough of it or they haven't actually started it. Cities are really good at doing like initiatives and then nothing ends up happening because the funding never flows.

That's the thing like oh yeah, we're gon na, do this say the politicians and then they never actually do it. So in september, a report uh by the illinois attorney general found that organized retail crime has increased dramatically over the last two years. It cited an estimate for the coalition of law enforcement, retail that organized retail accounts for 45 billion in annual losses. It's nuts lawlessness, lawlessness, yeah, yeah, yeah, it's california, it's just disgraceful anyway.

Netflix left race concerns about chappelle. Before it's special okay, china may soon be tesla at its own game. Let's take a look at that. The country is already a clean energy powerhouse by 2030, its ascendance to the top of the green pyramid could be complete the crane pyramid when it comes to green manufacturing.

China is now a clean energy powerhouse. Its market dominance from solar panels to evs took long-term planning and a level of financial investment. Only state control can deliver by 2030. China will have an outsized influence on the strategic industry.

In evs alone, the nation automakers nations automakers may soon beat the american green icon. Tesla, this is why i like neo at its own game. That's it that's all. They say all right: okay, uh, any other big news.

I don't think so. Persistently love the headline love the headline, because it's totally a slap in the face at the federal reserve. Persistent inflation ripples through the u.s economy, yeah citation needed no, no kidding. Who took that very, very good point.

They didn't really give much data there. I think they they're pulling from uh inside, like the bloomberg charm and things like that, uh all right. What else? Let's see here if we have any of the challenges here, not really. Oh, the cheesecake rebounding here 2.39 in the after so is dave and buster's 1.73.

I wonder how these guys are on volatility, maybe it's time to buy some options on cheesecake and dave and busters. I don't have any exposure to these right now, but i'm gon na take a peek, dave and busters all right. Chapelle special was a social master class and so important. Ah, anyone complaining was not listening but check it out.

So a little bit elevated volatility on dave and buster's, maybe self-put worthy and uh. What about what was the other one cake see? What cake is doing cake cake right now, yeah not in the hole but kind of average volatility. So if i wanted to sell, puts, maybe dave and busters would be the one to sell puts on so if i went in here and i went for some 65-day puts 40 bucks yeah, i can't get yeah. Okay, let's go to 45.

uh. Just put me down about two bucks: so really i'm getting 255 ish because i'm overpaying divided by 40 for december 6.3, yeah, it's okay, nominal, hmm yeah! I don't know it's not gon na. Be that exciting! It's gon na fall more! That's what we need a little bit more of a discount, give me the discount, so we can go. Buy some dips again see some of the few things left over in dip world charge.

Point 20 bucks, that's dip world you've got um lemonade kind of in dip world outlet, hippo uh baba baba still stuck in dip world. Canadian solar csiq somewhat still in dip world. Here, go! Look at that going back to that channel right here! Oh, i would not short netflix right now, i mean like, i know they usually miss and they follow earnings, but all literally all they could miss on earnings, and they just say by the way squid games is going to be really profitable for us and you're put We're short will get destroyed, it's just very risky. I've done it before and i gotten screwed for exactly what i said.

I was alright about earnings, but all they did was say one thing that made the stock go up and i got destroyed so you got ta. Be very careful betting against the momentum of the economy. Uh, but hey! Look! If you do it you're right! Congratulations at some point! I participated. Kevin bought lots of shares because of puts oh because i sell put so much.

I honestly, i close out a lot of my puts before they expire a lot of them because i just take ten days on them. Uh, you know when they're green, i take ten d's baba. Is your biggest dilemma in 2021. I know what how's obama's volatility.

I think we looked at this yesterday. Let me see here: alibaba volatility. Oh it's up, yeah! It's it's definitely above average right now, but i wonder how that means. Sell puts look so baba.

If i go 65 days on baba at 170, uh minus the 2.50 difference there, it's gon na be about 11 divided by 170. yeah. It's also about 6.4. It's almost the same as uh dave and buster's and then mbiz.

How do i get a question featured on screen? You just ask a good question: uh, okay, so baba back to 10 bucks really yeah. It's been trending down, though uh, and it's really because i think the more tesla self-driving is winning without lidar the more it's going to hurt these lidar companies. I wonder how like what's the one velodyne or whatever yeah here it is yeah see it's been bleeding out too a lot big bleed out here, yeah. So anyway, um cool, uh, we'll do short interest next time, but anyway i got ta go.

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