Hey everyone welcome back to another market, open, live stream. If you have not yet already seen the news on tesla make sure to watch my video this morning. It's called wtf tesla check it out. Uh that'll explain why tesla's up four and a third this morning, which is pretty incredible important that you watch that video, because there's a lot going into that particular one uh and uh.

You don't want to miss some of the long-term implications of that one. So i'll watch that video uh in the meantime, though, we've got lots of movement in the stock market. So let's take a look at uh. What we've got going on here? We also have movement in the indices.

Here, let's go ahead and grab those here. So, let's see what we've got here, so we have uh, dow futures up 0.08 percent s. P. Future is up 0.15 nasdaq up 0.27 oil, uh oil uh we're going to hit over.

Let's see how are we doing on the brent here, brent's at 86.40? It's gon na be flirting with 90 soon it's a big number there for of the brent uh on. Oh look at that one. Six, six six on the 10-year treasury been pretty stable over here, stuck pretty well pinterest talking about not actually buying uh pinterest. Sorry, paypal! Talking about not actually buying pinterest, so big u-turn here leading paypal to skyrocket up 5.5 we've got uh.

Some massive sold put positions on this, so those are gon na be doing pretty darn well uh this morning on on paypal, uh pinterest, though not very happy here now down lower than where it previously was previously sitting around that 51 to 55 range and now just Getting utterly beat on this yo-yo first paypal saying oh yeah you're worth up to uh 1 70 bill or 70 dollars per share, now saying just kidding: you're, not ouch, darn! So yeah, that's that's a now cheese, so uh on the rest of the downside. Here: camber energy momentum and meta materials, as well as atr amren and other momentum movers like amc, moving down these guys really moving down because we got momentum. Movers, like dwac, moving to the upside dwac up 16.32 percent right now in the uh start uh to the day here. I am very curious how things are going to go once we actually have shorts available for institutions to uh to short this stock.

I would expect to see uh that uh begin to become available some point today and tomorrow and so we'll see, will institutions now short this stock. Now that shares have settled again into uh hodler hands or or will we continue going to the moon so we'll see what happens here with d-w-a-c created up about 70 percent this morning as well? This was a runner on friday as well, and so is fun where fun up 27 to 11 tesla's hanging out there at 4.3 percent will be fascinating to see how tesla does right when we open, as well as uh xbang, having a pretty incredible movement here. All after uh, after their technology summit, where uh they exhibited new innovations for their vehicles, including potentially a car, that's uh, quite interesting, so that stock now up 3.5 loose it up 278 cars really doing very well embraer up two percent very, very nice. Another two percent: on top of that swing, trade done on friday, uh good swing trade there on a call option on also got a bunch of calls on tesla.

Thank you so much for shouting out that congrats appreciate it uh yeah folks seriously. You know if you ever want all my buy sells everything that i do. The cool thing is: if you check that out, you'll see the difference in how much i put into things and - and it really aligns with sort of my conviction in particular stocks. That's why uh a firm, tesla and phase etsy these? These are some of my big players, which end phase this morning announced their new iq 8 micro inverters, which can actually help a company or not a company which can actually enable a house to have power when the power is off without a backup battery.

Just solely using sunlight, you might think that maybe that's normal uh, but it's not definitely not uh, definitely not normal. Otherwise, let's go ahead and take a peek here. What cnbc is saying about paypal, pinterest uh in response to market rumors regarding a potential acquisition of pinterest by paypal, were not pursuing acquisition of pinterest at this time, pretty simple statement: uh. Of course, there were numerous press reports uh last week indicating that the two companies were fairly close to a potential deal uh under which uh, okay, we're going to jump on over for a moment to payment for order flow with gary.

Even the narrowness of that called the tick size, the minimum tick size. What do we do about that? There are also payments on the exchanges called rebates. So all of this, i think, needs to be on the table to think all right. How do we ensure that the u.s stock markets are the most efficient in the world and what that means gon na be okay? How do we make sure everything's the most efficient? How are we gon na? Do that and uh? You know it's uh, it's uh.

He says the same thing: he goes in circles: armando yo, nothing's, changed man, nothing's changed my friend you're asking what's up with owlette the stock's down the stock's down, because people are anxiously sitting around waiting for the darn thing to get some fda approval or or fda Clearance on the marketing for the thing, it's the same thing as when, when the darn thing fell right, nothing has changed. Nothing all right. Let's keep listening here today, then 10 and 20 years ago, and as retail uh uh in working families investing directly in the market. Uh for their future can be a good thing that could be good to save for retirement and the inevitable bumps along the road.

We at the sec still need to look at and protect the public against any uh, yeah gary's being boring. This is uh. There's there's zero zero news here to be had right now with gary we'll get a recap on what gary has to say. So that's no fun! So, let's see how uh yeah, i see your super chat here on snap uh.

So i don't know much about snap. You know snap's never been my thing, so it's not something i i i use, i'm not a customer of the product. I don't know much about the product. I think the advertising crisis is is a real one.

I do think this is uh. This is pretty low. I mean you've got some support. Maybe at 47.

you've got some support at 57.. It's already broken through 57.. It's up a little bit here, 1.25 in the morning uh coming off of friday's lows, but yeah i mean in terms of a fundamental i you know. I have no idea, i'm just not a snapchat user, so it's difficult for me to say uh.

What's going on there, so uh right, let's see here tesla's sitting at 950, we've got chiba inu sitting at 0.39, essentially, 3 900, we'll call it uh. Bitcoin, had nice run up here from a low of 60 000 here, just very recently to 63 about 63 000 right here. So if we go out to the one hour chart here, you'll see we were just uh just yesterday, uh yesterday morning, sitting around 59 000 at one point and that's something else: wow ggg, let's see here all right. So, let's see here, pinterest yeah pinterest getting burned, gosh beachbody, who knows this thing just keeps going down and down down.

I don't i don't own this one anymore i had i i actually barely could say that i ever really owned it. I had like 10k in it just out of support for somebody else who really liked it. Then i found out that that person really actually ended up selling the stock and i'm like oh wow, okay, well oops, but uh yeah. No that one's an oopsies completely out of piton.

I wonder how piton's doing this morning, though piton that's, not piton, piton how's peloton doing these days, it's at 93.83. It's come off that bottom of about 81. Here that recent bottom. Let's look at sort of the mid-range.

We got here: boston beer was actually green on after earnings and green today, so it actually did well on both days and fades up about three quarters of a percent etsy at point. Eight, six percent - a firm, is up about one percent neos up about one percent. Nvidia up about 1.3 coinbase, two percent nice tesla's sitting at that 950 and all eyes - are really going to be on how digital world dwac opens here, be really interesting to see if we get any kind of attention from uh short sellers over the next 48 hours. I think this is a big tell so, let's see here all right.

So what do we have in terms of big news? Let's see other than tesla we covered tesla already we covered paypal and pinterest in facebook alarmed by teen usage drop left investors in the dark. What facebook left investors in the dark? No facebook wouldn't do that mastercard set to announce plans to allow all merchants to accept bitcoin and offer bitcoin rewards. That's a big one. Let's go to that news, that's more interesting there! It is um all right.

Let's build that! There we go all right folks, take a look at this mastercard says any bank or merchant on its vast network can soon offer crypto services, including taking bitcoin and offering bitcoin as a uh as an option for offering rewards. Let's go ahead and take a look at this. Cnbc learned this so they're the first to break this one, the crypto economy they say is about to expand. Mastercard is preparing to announce.

Cnbc must have gotten a leak that any of the thousands of banks and millions of merchants on its payment network can soon integrate crypto into their products. I mean that's huge, that's that's a huge movement. I really think i mean digital payments are going to be here. Blockchain's going to be here a lot to stay uh whether or not coins maintain their value.

Uh all coins maintain their value forever. Well that that's to be debated right. Some coins are gon na die. Some coins are gon na go to the moon uh.

Some will. Last uh and stand the test of time, and some won't many won't uh, but anyway this this is really good and it's a testament to really just blockchain technology blockchain technology is is phenomenal. I'm very very excited about it. Honestly, i think it it's going to be ubiquitous in the future, everything's just going to be blockchain technology, and it's really going to become like a social good.

I think it's almost become going to become a relatively free social good, because everybody's going to demand it, but anyway this uh mastercard, uh plan will include bitcoin wallets. That's great! Remember! If it's not your key, it's not your coin. Bitcoin wallets credit and debit cards that earn rewards in crypto man. This is now competition for block fi watch.

If you have not yet make sure you go to medkevin.com bf to get yourself up to 250 dollars totally for free and rewards from bit uh or roll from block five by transferring over your currencies, your cryptocurrencies, including bitcoin, but also sign up for the block, fi Rewards visa card, which does offer you rewards in cryptocurrencies already but mastercard's looking like it's going to jump in here, their credit card and their credit and debit cards will also enable digital assets to be spent. That's huge now you're actually speeding up the opportunity for these to actually be used and loyalty programs where airline or hotel points can be converted into bitcoin. I have so many airline points. I would love to convert them into bitcoin.

Oh my gosh, i'm tired! I'm just sitting there omg that includes bitcoin, okay yeah. We saw that to do so payment. The payment network is partnering with back to the crypto firm, recently spun off by the intercontinental exchange, which will be the behind the scenes provider custodial services for those who sign up. Okay got it.

We want to offer all of our partners the ability to do more easily to more easily add crypto services to what they're doing our partners, be. They banks, fintechs or merchants, can offer their customers the ability to buy, sell and hold cryptocurrencies through an integration with the backed platform, so we'll probably have to do a little bit more research here into the backed platform. In fact, we might do that right now, uh. Let's, let's see what we got here, backed tracked, track, spend and send with crypto look at this.

I always find this so interesting. Looking at what some of these other services here are offering. So, let's see what we got here, this is max mission. Is money made flexible? This would be interesting.

If you really wanted to know more about the details of this, i would almost recommend checking out this app and uh and potentially uh exploring how they coordinate gift cards and cash and crypto. That to me is interesting. We want to offer, because now that's an integration to the mastercard network, which makes you wonder what other companies are going to pick this up is this something that a firm can pick up? Can a firm work with them on this? I find this to be very, very interesting, so uh, okay, let's see what else we have here. We want to offer all of our opportunity.

Okay, let's see what else we have so then we get to the announcement could lead to a significant expansion in the ways. Regular americans earn and spend a crypto, uh and bitcoin. Mastercard runs one of the world's most dominant uh global payment works networks along with visa and has relationships with more than 20 000 financial institutions. That's crazy, uh interest in bitcoin has remained high uh we're over uh.

Fifty thousand now yep uh or sixty thousand now yep no kidding that's a big psychological threshold kind of really curious to see where it's going to go uh. Are we going to break that 70 000 level if we break 70 000? There are a lot of people saying that once we break 70 000, we're we're off to the races, essentially we're going straight to uh, basically over a hundred thousand. That's that's what a lot of folks believe right now so we'll see if that ends up happening uh. Besides, providing crypto wallets and credit cards for banks by the way open market open about two minutes, the partnership means that even merchants and restaurants can begin to offer rewards in bitcoin.

Instead of traditional points, interesting uh, i like that existing points can be converted into crypto. We're lowering the barriers to entry enter okay, cool yeah. That's awesome! That is awesome, very, very cool all right. So, let's see how things go: uh in the market here and uh, we will uh, let's see here.

We are about to, let's see here, we're about to open we're about one minute from the open all right. Let's see what we got here so tesla 951. Let's see how things open up here there we go it's listening. Can you bring it back on like a question about it like? How do you like make sure you, you know they're gon na charge, you charge you if you're under charge, because it's time for that right, they can't turn that car around right.

It doesn't take that long. Does it yeah. I don't know well jonas points out that um his new 1200 target implies a growth rate of 28, which is about half the company's uh target. That's true, tesla is projecting a much higher growth rate.

In fact, uh pretty much everybody looking at tesla's growth rate expects it to be way higher than what the analysts think, which is so great. It's such a it's a stock that just keeps beating seems to be better positioned for those supply chain issues. So that's the idea too market share can help. Let's get the opening doll here and get things going.

Uh get this busy week underway at the big board. Today, it's a t celebrating its 120th listing anniversary. We did have a couple of notes out today. Kmb was one that mike mentioned 162 was a miss.

Pretty green, pretty green i'd say see how this goes. They now see. 605. The 625 prior was 665 to 690, as these consumer products give me one second here it depends on who you talk to pepsi, managing it somewhat better than it appears.

Kmb is yes, i think um beverages is an area that has not been as important okay. So let's go ahead and see what we got going on in the uh, the world's uh. Here, let's see how things open up uh. So how did digital world open up digital world opened up with a red candlestick? We've got paypal opening up also with a red candlestick.

Well geez, if you need to offset some red candle sticks like this paypal disaster, make sure to head on over to public.com, go to metcalf.com public and get yourself up to seventy dollars in totally free stock. Go to metkevin.com public, they don't buy or sell your information and look at that fault sheesh. It's still up five percent. So it's not that big of a deal but we're getting a red candlestick that continues to move here.

Uh gevo up a little bit here, looks like because crtd is suspended, dwac suspended phun suspended what a mess uh you've got hive and the crypto miners are up today makes sense because crypto's finally up again a little bit here and uh, let's see here, then we've Got scrolling to the downside: let's see what we have at the downside, oops there we go so towards the downside we have yeah pinterest actually is trying to go a little bit green right now, which is nice to see. Pinterest tr attempt a little bit of green because they're getting wrecked after i mean they are just like the the the stepchild that nobody wants and it's so horrible yeah. You know certainly the comparison to stepchild. I mean not there's anything wrong with that.

I've been the stepchild twice, but uh yeah, i mean like it's just pinterest has been having a rough ride: camber energy nokia, a lot of the momentum, movers moving down as people move to some of these other new hot spots for some uh, some juicy momentum themselves. We have, let's see here, uh a lot of movement here, and this is pretty typical right at the beginning of the day, just as everything tries to find its place, tattooed flat sofis about a third to the upside lemonade, a third to the upside so 5.44 to The upside now okay squares up about a percent fisker target 1.4, a firm 1.62 again, let's go yeah uh, but the firm i don't know if it's gon na be able to hold on to it playing with the red candlestick right now, we'll see. Oh etsy's up two point: three: five percent: oh etsy, that's setting up for a nice move here. I, like the look of that chart on etsy expi, has been crushing it 53 dollars now neo at 1.77.

Absolutely crushing it here. We've got! Let's see here, macy's up 3 again wow, canadian solar, let's go! This is part of our uh solar pie, holy moly tesla. Oh my gosh! It's going up more folks, it's up 5.2! Are we gon na? Are we going to a thousand moly uh? This is uh. This is something else: paypal paypal is still slipping a little bit here on sort of the click bait there uh of the news x, paying three percent.

I think, oh, i wonder what uh etsy and xsping and uh neo are moving off of moore uh, the uh. The tesla news or or what uh fun tanked at open, says someone. Well, i'm wondering if the shorts are open. Now, honestly, if the shorts are open, it's it's gg uh, i uh yeah, okay, so we had an instant halt here on dwac.

Remember folks, uh they usually get halts when they're a lack of shares available, uh, yeah uh. I think all of the electric vehicle makers are doing very well today, including lucid, really because i mean this. This hurts deal is big news. This is big big news uh.

Let's see yeah, i mean this is an all-time high here on tesla. This is absolutely incredible. Uh did x-ping release their self-driving as well. I'm gon na have to check that out.

Thank you. That's incredible! Wow. What moves? What moves? Oh look! Selena is up. Another 10 good job nice just released finally released.

My video on that uh saturday morning, uh, so hmm pay safe, okay and suretex. Just getting rolled twitter's going down robin hood's at 39., robin hood's, getting nasty here, where's mata port matapor can't figure out what the heck it wants to do. It looks like it feels pretty flat, but i can't tell because weeble's being funny right now there it is down about .65 percent cut okay dwac. Are we back? Oh yeah? Oh here we go here.

It goes. Can i short it yet? Let me see if i can short it now would be the time uh. Oh i i have no money, never mind uh. Oh, that's, not ideal.

Uh, okay, so well, never mind! Then i guess i still can't short it. It's probably honestly, better shorting's, very dangerous, but uh you know monday, tuesday, is what i said. Monday tuesday shorts become available. Once you get institutions come in there's a good chance.

You get a little red bar here and that's that's what we're seeing right now i'll! Let you know, though, if it says we can um, let's see if i can show you, i don't know where my code is. Please send me my code, i'd like to log in to let you know if it is shortable or not for the average person. I will know momentarily, i will know shortly. I believe uh okay come on.

Oh, let us try trade dw! Okay, please don't show me more garbage dw. I say: okay, let's see here. No, i don't want to submit a buy water. I want to submit a short order: okay, limit, yeah.

Okay, let me try to sell one share. It's a bit submit, it does not appear to be working, nothing appears to be working honestly. The starting thing is like frozen. Go limit price, okay, yeah sure i don't know uh boom all right submit, sell order.

Uh. Do you want to submit this order? Yup uh yep? Oh my gosh! Stop with the pop-ups. Would you oh? I was able to short. I was able to short a share.

Ooh now, how much do i really want to short? Well, i kind of really want to short a lot of it uh. I did not know that i would be able to short. This got to be careful, though, because this thing goes like 400 dollars, you get screwed very dangerous, but danger is my middle name. Let's see here, let me try again.

Let me see if it'll, let me share short everything i wanted to short. So if i wanted to show uh divided by a hundred dollars, okay, let me see if i could do 500 shares and okay submit no, no, no! No! No! No! I need to. It was trying to put it through his buy again. Stop it i'm trying to short it it's too high, okay, okay, i can only do 300 shares.

Please just put it in this stupid app. I'm using has so many um. What's it called pop-ups, it's so annoying all right. So right now let me see what it says: uh i have portfolio portfolio.

Let me see if it actually went through. Okay, so did i sell it uh? I have no idea this app sucks. Oh here we go. I have negative 300 okay.

Here we go. Okay, yeah all right. I am short 301 shares now of dwac uh 301 shares of dwac um. Okay.

So it's open, uh! Okay! I did it. I wonder if they'll, let me do more because it i got a. I got a uh. I got ta.

Oh now. It's going up, i got a thing that told me uh, i can't uh. I can't do more, so i thought that was kind of interesting. I'm gon na try to do more anyway.

Now i mean i'll wait a little bit and i'll try to do more later, because otherwise, i'm just gon na sit here and all we're gon na do is sit here and try to become a short seller uh and i hate short sellers. I think i think short sellers suck, yet i'm shorting it man. This is the first time that i've like shorted, something with with fifty thousand dollars. Well, it's i guess it's not really.

50! No well because of the collateral. The collateral requirements are high when you short stuff so, but it's probably for the better, but anyway, oh tesla's, no longer up five and a half percent, it's uh, it's like kind of like everything's moving down right now. Oh, i wonder how my um, let me see here uh. I wonder how my tesla options are looking right now says sure as heck.

Imagine, oh yeah. Oh those calls are printing. Oh it's very nice. This is a nice day.

I shouldn't look. I shouldn't look especially since now it's red, arrowing, red arrow, red arrow, okay, let's focus focus on the opportunities dutch browser is going down. Hippo is basically vacillating where it's been vacillating. I have no idea how much cheaper outlet can get right.

Now i don't understand i. I don't i don't know it does not make sense to me. All i know is i'm getting. Screwed matterport is down three freaking percent: oh, come on man, uh, red bagger, red bagger, that's right, dang! It gosh matterport's getting smoked right now and i totally screwed up too uh dang it whatever whatever.

I don't want to talk about matterport right now, oh my gosh. What is this day? Why is everything going down? Why is literally everything is plummeting all right. Let me see what's going on with volatilities, let's see if we got any options i can play with oh man, monday mornings or something else. Let's look at some options.

Volatility all right. What are we gon na look at how about matter? What's up okay? What about robin hood hood hoods, volatility's, tiny little bit going up again? Okay, i expect tesla's to be going up here soon too. Uh yeah, no, not much and tesla's kind of stabilized. All the volatilities have been pretty much rotating to the downside, uh all right.

So sofi just went negative. Look at that one ooh tattooed chef point: seven: three: okay! What why is the is the entire market going red or what's going on here, spy kind of look at that? It's like you got a yourself. A little dip opportunity here to go shopping, um end phase is, is still up a little bit so any i wonder if you can, i wonder what the puts are like on pins. I mean the volatility on pins and paypal has been insane right now.

Oh my gosh yeah. Oh pins, look so sexy right now, uh yeah! That that's is that today i mean it's got ta be today hold on a sec: 20 sec. No, that's the 22nd. Give me today's data man yeah pins, is just dropping like it's hot.

I wonder what the options are. Looking like right now, i don't know if i have any cash to do this, but i do want to know what the sell puts are like 50 bucks. Let's go to 45 for gigs fifty dollars three dollars ooh, let's see 1.55 divided by 45, 3.4 percent 28 days 1500 bucks for 10 of these hmm, it's not so horrible tesla's. What's it called uh pinterest sold puts right now i mean i don't know.

Maybe you might not want to own the company, i mean. Who knows that's uh, one of the things to consider. Is you actually want to own it right now right um, but i don't think it's a horrible company at all. I think it's a great company but boy.

Oh boy, look at some of these sell-offs over here. What's amazon, doing amazon, amazon down point six: eight percent yeah! Let's look at brpm a little bit, so it's another one of the specs, the fog that one's been ever well everything's kind of rotating down cheese man uh, i'm gon na make a little heart here. Okay, so brpm is a spec uh that is going to merge with the fossee clan or uh it fuzzier phase might be face. I don't know, i don't know how to say it is it.

Can somebody tell me in the chat i was. I have no idea. I don't i don't watch no, no offense to them. I don't really care, but anyway there's some esports group.

That's apparently going to be valued at like a billion dollars, which is insane uh and uh. It's gon na raise like over 200 million dollars for the the group or clan or whatever they're called yeah. It's insane yeah, like you just want. You want to get rich, just back something phase like like phase okay, it is phase okay.

Thank you for that. Thanks. It's face thanks whatever so the phase people uh but yeah. Let's see here, d dwac dwc is popping back up a little bit here and uh.

You've got sheep sitting at 38 sheep's about to go over 34 here or not 34.. Oh it's about to go over four. Now we were a little over four yesterday yeah, look how we ran yesterday. Yesterday we were, we went to 41 and pretty sure we went higher before that as well 41 at 45.

For a brief period of time, it's incredible! Yeah she's doing very well right now: uh, x, ping, oh wow x, brings up 6.6 right now, really good for x, bang, nice gains! Oh, that almost looks like some news broke or something on xbang. Let's see if i can get a little bit here x, bing, individual company news, ah nope, nope uh, no, no news beyond their investor presentation, which we already knew about, but nothing particularly here. It looks like just really volume all of a sudden came in yeah. I don't see on bloomberg anything particularly.

I actually have them up right now: fun, wear digital world paypal, paypal still up, four percent test lab 4.5 microstrategy, lucid neo, upstart sc, affirm, expi and phase these guys. All in that one and a half to two and a half percent range very nice losers over here, though big one pinterest, my goodness still watching that options train a chain, though all right. So, let's see here, matterport's recovered good ish matterport's such a great company. I actually i accidentally bought a little bit more than i was supposed to on friday uh.

I bought a little bit of the dip, but then i realized, i i put the number on the wrong place and i made a little bit of noopsies, but i don't really want to talk about it. Oh anybody in the stocks in psychology money group knows about it: oh well, ride amazon; okay! Let's look at some news news blues record high ahead of tech earnings yeah, i'm seeing a lot of that right. Now a lot of shares rotating down right now, businesses ask white house to lay coveted mandate until after the holidays, hmm, okay, let me go to bloom all right: chinese companies polluting the world more than entire nations, well yeah yelling on inflation, we kind of already know They think it's all going to be short-term and transitory, but that transitory is staying longer than expected, which remember those course prices and uh. Oh yeah, we got like 32 new lectures or something like that.

Coming out, uh they're already uploaded. I just have to click live on them, which i need to do that right after this supposed to do that last night anyway. I'll do that right now and uh. Those are totally for free.

So you join the stocks. Psychology, money group, you always get new lectures for free, which is kind of cool, all right, so m a how to squeeze in a side hustle without losing your day job. You could be competing with bots to buy gifts this christmas yeah. I bet i don't see a lot of big news right now.

I see top news with the exception of the ev and energy space like end phase with their new uh iq8 inverter great, the tesla news. We covered great solarwinds hackers, set up attacks or step up attacks on tech companies, paypal not buying right all right. Let's go back here, mp, material on a run. Is that true? Why i mean i wouldn't really call one point: five, three percent a run here: uh! It's finally, above 35, again, though, okay digital world at 99, and expands up 6.6 honey mining, nine percent - again, my goodness, the swings in hot 8 is just like mind-blowing mind-blowing.

Oh thanks. Benjamin sanders appreciate the five dollar tip there on tesla rdw about to announce the deal with amazon. I see rdew, i really need red wire. I really need to get myself a cup of coffee all right.

What do we got here? Volume up red wire red wire to testify at senate committee hearing okay: what is this thing? Redwire is a space infrastructure, company mission, critical space solutions, highly reliable components: okay, yeah! I don't i don't. What are they going to sell like rocket ships on amazon like that'd? Be dope but yeah, i don't know snap - is the easiest buy the dip you've seen in a while, yeah, probably uh, you know it's, it's not something. That's part of my portfolio but like if it was yeah, i mean i'd, be buying, looks like you're you. Turning a little bit right now, gamestop down one percent as well, trying to recover a little bit a little bit of profit tanking here at the beginning of the day, huh folks, uh and uh looks like we're finally recovering again wow a firm seriously 2.61 man, and I was literally just i didn't do anything, but i was just looking at sold calls again, but i can't bring myself to sell calls on a firm because last time, the last two times i sold calls on a firm.

I got holy crap. These numbers are insane yeah, because i've sold puts on a firm as well uh. Those are printing. My my one share, my one share that i bought of dwac is up 128.

That's crazy, uh, end phase uh. I have an end phase sold foot. That's up! 42. Okay, so i might have to well, but etsy's, not end phase, isn't even up that much today.

Ah, let's see here leo recovering, that's good, pins, snap, oh yeah! That's right! I still have uh uh hold on. Is it just shorter? Oh, okay, okay, okay, okay, all right, all right, so what's happening in this market because i want to. I want to look at the volatility index. Let's see what we got because it's it's really weird, where we have a sell-off at the beginning and then now we're rotating back up.

Let's see if that's what's happening and is consistent with the minute chart on the vix, so with the vix it looks like we may have reached a peak of uh. Some of this fear on october 25th. Okay! Well, that's today, but it's it's really! Six 642 is what's important, so that's about 13 minutes ago. That's what matters 13 minutes ago.

The volatility hit its peak and are we seeing a sort of flip here? Yeah we kind of are see. This is the s p. 500. Coming green again, oh wow! Look.

Facebook went oh yeah, facebook went green again: okay, good uh, everything's kind of coming back to life here, okay, good! Let's see that's coming back to life tesla coming back a little bit a firm still pushing etsy, pushing neo's, pushing they're all pushing they don't want to go up. I'm tempted to uh sell some options here. Potentially, even some sold calls on a particular stock which, if i do obviously make sure to check for the uh alerts in the stocks. Psychology mini group, but i want to see if i can see opportunities 6.75 on shift boy, oh boy, when they start delivering cars again, that's gon na that's gon na be a bargain end phase almost at 180..

Hmm, i want to know who or whom hertz would consider partnering with to create some charging stations watch my video by the way on tesla um, all right. So what else? Okay, let's see, let's listen into some of the news. Can we listen to anything? What do we got over here? Nope, tv, commercial, fine, then positive in the early part of this session early days, but it's turned positive russell small caps, russell 2000 up about a quarter of one percent, the nasdaq up, two tenths of one percent. The nasdaq is where the focus will be this week, the big five reporting earnings as this week grows older.

We get a better picture of the growth profile of some of the biggest companies, not just in the tech sector but worldwide on the planet. That's the price action. Here's the trading diary. You will hear from the president a little bit later, you'll hear from him again at 1, 45 eastern facebook kicking things all right.

So there's a company, that's really trending. Right now and it's called remark. Holdings, ticker symbol is mark m-a-r-k. I don't even know what this thing is.

Let's see what this is, and why is it? Why is it doing so? Well, it's a holding company software development services enables businesses and organizations to solve problems, reduce risk. Okay, so remark: holdings, digital media properties that are related to e-commerce. Okay, remark: holdings, ai, simplified! Oh, that's all you need to do to sell people. That's all you need to do so.

Why are they up so much? Let's see individual company news remark: holdings uh. So it's getting halted, uh, it's just up on heavy volume. They just got downgraded to a cell, but it's it's surged in uh in stock twits mentions and uh. Now it's uh now we're rotating a little bit interesting, uh yeah by rotating a little bit.

It's up. 111, my goodness, the momentum stocks are back so dwac. Where did? Are they halted again? Oh no they're at 98, okay, tesla 461 skills of 4.8 very nice. Oh congratulations! The alchemist for making it over to the 50k club.

That's awesome! Sorry! I meant to be on the chart over here: good job, tesla, um, upstart, wow, upstart, running again: upstart coinbase, oh yeah, yeah, there's beto, the bitcoin etf uh, but it's again a futures etf. So not something you really want to buy and huddle. I can't believe a firm sitting at 160. That's crazy square 167, fintech fintech, except for insurtech insurtech, likes to get left behind, yeah and sure tech not not doing very hot at all, uh matterport's, only down 1.66 yeah, the mastercard news, was actually pretty incredible covered that a little bit all right.

What are they saying over here? New york stock exchange, we're coming off of three weeks of gains for the s p. Can we add another we're adding about five points right now, busy busy week of macro data and, of course, earnings beginning with facebook? Tonight, that's right! We're 30 minutes into the training session here are three big movers that we're watching this morning. We're gon na start with kimberly clark, speaking of earnings, okay, we're gon na pull off this. Take a look at some kryptos 63.1 k on bitcoin ethereum sitting at 4161 and cardano 215 solano's uh, i'm sorry, salada is up 208 dogecoin to 26.5 and shiba inu is uh up about 45 on the seven day, wow very nice, very, very nice yeah thoughts on Dorsey's tweet for hyperinflation um - i not much um we'll see maybe but uh.

I i i'm curious to know what his argumentation is. I did see his tweet, but not not any argumentation, but i also didn't look very hard. A lot of stocks still moving to the downside, you see a lot of the spark lines moving to the downside, some of them being up to kind of recover with the s p here. So this was our low.

Our low is about 12 minutes into the trading day, see what's behaving with that yeah tesla's kind of at that level. Facebook facebook's doing well yeah nice recovery here, really really nice, hmm wayfair 0.08, pretty much flat over here, wayfair and uh mark is starting to sell off a little bit here. I don't really even know what this thing is. I do know it's no dwac, oh dwac.

Just went negative dwac just went to 89. I i i'm sorry. I need to go get a coffee. This is this is ridiculous here, one sec.

Let's um! Let's listen to this uh, wonderful, lovely, lady here and uh. Maybe you could see uh more than 90 dollars. A barrel if we saw uh the demand, really kick in um okay, so that's the lay of the land when it comes to the energy market. So we're just talking about what's happening with the yield curve.

Uh you're, seeing now a little bit of a steepener, as you have more buying in the front end and a little bit of still selling on the 30 year and the 20 year, but you've definitely seen a reversal from just about an hour ago. Maybe we're overdoing the rate hike thing, maybe we're pricing it a little bit too much and then to round it out. I did want to highlight this is uh nasdaq volatility. Facebook we'll talk about that throughout the whole, show really big week for earnings as well and you're, seeing that volatility uh pick up and facebook first up europe, it's been a very dramatic weekend for facebook, danny yeah.

It really has and that's some of our top stories. This morning, alex let's go ahead and dive into it. Bloomberg wagner, as you were just describing, is following the facebook papers. We have anne marie horton in dc, watching the spending bill in ira jersey at bloomberg, intelligence, keeping an eye on race, calling janet yellen's comments on inflation, so kurt.

Let's kick it off with you. We had facebook shares up this morning, despite a barrage of negative headlines. Whistleblower, francis hogg, is set to testify before mps and peers on the social media. Giant's.

Failure to protect the public from harmful content here with more is kurt wagner. Who covers the company for bloomberg all right thanks bloomberg for covering? I got a monster instead, because i'm just poop i'd love some espresso right now. This isn't good hashtag, not sponsored, but i'll. Take it desperate times call for desperate measures.

Ah, all right! So look i! I got some cleanup to do. Okay, look i i i got some hold on. I don't look at the volatility here. Let me go matterport.

I thought i just looked at the matterport volatility, but i can't remember what i was doing hvg so uh, let's figure out. What's going on here, so matterport's volatility they're, not really that high right now, okay, so matapor! It's not really! It's slowly recovering a little bit here in the day! Mark remark: i i don't really know much about the darn thing, but uh rotating down a little bit here. You've got, i think. If digital world goes down any other specs, probably going to go down with it, but uh we'll see what happens especially newer ones.

Like that's probably going to be true for brpm, as well so with the phase group, but depends how much media attention they get over the next 24 hours. That's going to be the big tell tesla sitting at 4.3, so it's rotated down again a little bit. What i'm going to do right now is: i want to look for opportunity. She's come on a firm stop.

How am i ever going to be able to buy more? I can't like a firm is just so juicy right now and the volatility is so high. It keeps selling puts on it and it keeps going higher, which is great. It's actually a good thing. Uh.

You know that turns my soul puts very positive. I, like it okay, um huh canoes. Actually, it's all evs are going up today. It's incredible, i'm so tempted.

I like to sell some calls, but i like i, want to sell carl's calls well, i want to sell calls, but the problem is, if i sell calls like, i do feel like we are potentially really going to see this end of the year rally so i've. I don't i don't, have any sold calls right now. Uh, we see this end of the year rally. It's you know it's it's big benji's and, and i like big benji's, so uh you know, that's that's my thesis.

That's actually been my thesis all year. Long end of the year stock market rally uh, i was my i thought my catalyst was going to be uh. If you're, you know having low fear, hopefully no delta and an inflation inflicting down. I didn't get the inflation inflecting down part, but i got the result.

So far anyway, which was stock market rally, uh so i'll, take it but um we'll see if it lasts. You know you got to be careful like these. Are these are the times if you're in margin to start thinking about getting out of margin, uh gosh? What losers, owlette and hippo y'all suck gee whiz? How low can you go? Uh i mean owlette how come on owlette? What is this garbage? Oh, the fall. How is the volatility way down it's going in the toilet.

You can't tell me the volatility's way down too. Oh crap jeez man, hippo uh, let's see what hippos is hippo hippos volatility. Uh is ah moderate. It's kind of middle of the road there.

These are. These are the two losers here: okay, whatever uh amazon, netflix amd, cinemark apple, oh apple's, red on a day like today, google's down a little bit here. Google had was already down three percent, though the other day friday, tattoo chef sophie, is flat, tattooed flat. Well tattooed.

It's always flat, but then again it's tattooed. I mean like who can get excited about that one uh marriott up a half percent win resorts. Half percent win was over 90.. It it it deserves.

I like win. I don't know some people bag a win. I actually like win disney disney 170. I still feel like that's cheap for disney uh.

It's such a it like disney is so great. This is it's like. You can't go against the disney brand. It is so good and look at this look at this chart.

I mean like char, wise uh. I mean you're you're picking this thing up, i mean basically you've had like no gains, this year's. What what it really feels like if anything, it's just been down. I like that to me: that's it's like the the left behind child.

You know i thought we passed this thing called no child left behind and that's a child left behind, but i'm always looking for other things left behind too, like honestly, just the pinterest stuff, i want the hvg. Would the historic volatility please just update on pinterest. So i can get it for today holy crap, it just updated whole whoa, whoa, whoa wow. Oh my gosh hold on a second here.

No oh, come on come on bloom burger! Stop it function! It's not that hard! Oh wow! Okay! That's that's crazy! I want to explore this for a moment um, so i wonder what weeks outputs look like if you just go to the week and you sold, puts here yeah yeah you're, not you're, getting pennies here. Sorry! No! How is that pricing not moved? Ah, that doesn't make sense december well, this is at 145. This is at 45, so you want to insulate yourself, that's uh! What? If i, what if i zoom out six bucks? That's if you go out to j24 no nobody's gon na you're, not gon na keep it that long, you're, really just locking in the ball, is what you're doing uh on pinterest 45. For for then, my goodness i mean you may as well just go 50 at that point i don't know 50, that's that's pretty much where we are now it's at the money volatility.

It's a little higher, though let me look at the options chain. I don't. I don't like going out so far, but then again i trade out of the darn things anyway. So what about december how's december looking so december, see that's wait.

No, it's not bad either! That's like eight percent or something it's not bad uh and the volatility is nuts right now i mean it's mega volatility right now. You know what uh i don't. I don't think it's gon na. Let me do it.

I think i'm i think, i'm too poor to do this right now, let's see here, what do i need 45 times 20 times 100. I would need 90 grand do i have that right now place order, hey went through, so what what did i just do? Let me see here, orders uh pins, so what did i get on that? I got 650 as a credit, six dollars and fifty cents times twenty times a hundred dude. I got thirteen thousand dollars on ninety grand uh thirteen thousand divided by ninety and i'm five dollars insulated for 14 and five dollars insulated come on. Man come on man.

I'm gon na take some more of these. I'm actually gon na go over. Here too. I'm gon na grab some of these.

I grabbed. Oh, i got 30 of these uh. I want to lock in that volatility. Baby holy crap 20, that's 17 30.

and we're gon na go over here. Yeah, let's see if it let me dang it i'm bankrupt again. No that'll go through, yes got another 20.. Yes, this i like it.

I like it a lot. I will chew up the etsy's. In fact, now i'm going to go over to robin hood and do it again. I probably shouldn't be doing this, but i'm going to trade now i can't help myself.

I just i can't i need to do it and then i'm basically doing verticals here. It's actually exactly what i'm doing. Uh 10 20 30. yeah enter gosh.

The robin hood you're going to rip me off on the big ask here what the heck, i don't think that's ever gon na go through. Is there like no liquidity for this? What the heck come on man? What's the uh yeah, okay, fine, fine, fine, i'll go to the other ones. There we go. Okay! I like these a lot.

Sorry, i just had to do some shopping. Okay, it's just what i do. Sometimes sometimes i see something i need to go shopping. I do it, i want it, i like it.

I got it. Okay, simple! I i can't get this last order to fill on robinhood. So whatever maybe it's just not meant to be, i don't know i don't know. Maybe robin hood just doesn't doesn't have what what what we need or want right here, it's uh, ah exhausting anyway.

Oh did it go through so far 10 uh, whatever all right, so um wait for that to continue going through. What else do we have here? Oh owlette is on fire. Did owlette's open interest change owlette in total 15 contracts, man come on man get your act together. Will you no whatever all right so now we're gon na? Let's see here all right, give me one.

Second, then we're going to look at the news again here. In fact, i want to listen to this guy hold on is a good indicator of uh back to back to school and back to work. Um we've seen uh some progress in that uh here in the u.s, as i mentioned, for tim's business in canada. Still some uh some opportunity there and many of the the big downtown corridors and companies that work in those.

Whether they're, banks or other large employers have announced that they're not reopening until sometime in the beginning of 2022.. And so it's mixed and varied. And we we're in we operate in more than 110 countries and territories around the world and we're monitoring closely elsewhere uh here in the u.s. We see that uh that there is some movement there, but still a ways to go to to get back to where we were uh pre pandemic.

So we keep working on uh on on staffing. We keep working on hours of operation, we keep working on our menu and our digital capabilities uh, as well as our drive, which we think uh over time, with the quality of the food that we have and the beverages that we have are going to position us. Well, at burger king popeyes and tim's for growth uh here in the us and canada and around the world uh, irrespective of the environment, that we're in jose, appreciate it very much great to talk to you again a lot to watch jose still thanks. Thank you.

So much have a great day as we go to break a look at the road map for the rest of the hour today, including bitcoin, moving higher again notching some new records last week, but elon musk tweeting out a warning to some crypto investors plus congress is Debating attacks on billionaires, it could be the first time ever that the u.s has taxed unrealized gains and we'll check in with early facebook investor roger mcnamee on the slew of negative headlines for the tech giant blah blah. I'm tired of hearing who else is tired about hearing about facebook. I certainly am what about how do i? How do we go here, as you know, john, because you've been talking about? It has been starting to price in not just higher inflation, but also the no concern that the fed will not be able to sequence the taper and rate hikes in the way that the fed is hoping to mohammed. What do you make of that? What's happening right now, if we look through the yield curve and you look at twos we're pricing in rate hikes through the belly of the curve, then you look further out and look at breakevens we're pricing higher inflation.

Can you reconcile that pricing in higher fire rates at the same time as pricing in higher inflation further out? Does that make sense to you? It does because the markets believe are starting to believe. I want to say, starting because we're still early in this process are starting to believe jonathan, that the fed is going to be late to the game. So, even though they will have to start hiking, they will be so reluctant to do so that we are likely to go through two distinct monetary policy regime. First regime is the fed being late.

The second regime is the fed having to implement that one thing. None of us wanted to implement, which is the which is the emergency brake u-turn, which means having to slam on the brakes and that's why the further out you go in the curve, the more the growth issues dominate the inflation issues and that's why you've had the Massive curve i want to bring in the hugh pill commentary before we get there, though i want to talk about governor waller muhammad. He has changed the way he's using some of these words, and i just wonder before you act. You speak differently, and this is what governor wallace said more recently.

The next few months for me are critical, there's much more upside risk than i anticipated that this may continue on. The language is changing. You touched on that in your peace. Muhammad, you say it's not changing quickly enough.

I just wonder how you expect it to develop in the coming weeks, the coming months because, as you've pointed out, transitory for longer mohammed doesn't quite cut it. What are you expecting to change just on the language side, and then we can turn to policy a little bit more, so i think the language will evolve slowly but john. We are so behind. Remember when that transitory narrative took hold of politics.

How is a firm at five percent, my god, i love it. It was base effects. Well, we are towards the end of october. The base effects are out.

It was initial demand, supply imbalances again that, six months later, we are seeing increasing inflationary pressures not declining, and third, it was about a very strong recovery. Well, most people have taken down their numbers for economic growth, unfortunately, and yet transitory still has hold of the policymakers. Not so the corporate leaders they've understood the writing is clear for them, they've got to make really difficult decisions as to what to do with the higher cost, and a lot of them feel confident that to pass it through into higher prices, so you're, seeing this incredible Disconnect between policy makers, especially at the center in washington, less so at the regional central banks and on the other side, corporate leaders who have to make decisions forced by market realities. You've said this a few times.