So, its over? LOL, LMAO EVEN! — Jackie Le' Tits — Video Wiki
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0:15Can I get a more power baby? >> A more power baby. [music] >> Testify. >> A more power baby. >> A more power baby. I said a more power baby. I said we need that power in the charts. Children, volume in the veins by pressure in the blood. Don't you dare let this stock sit still. Can I get a witness on the bid? Can I get a hallelujah on the ass? We ain't here to pray quiet. We here to move this stock we call Jimmy more power [music] up the power [music] I get no power [music] more More power, [music] more power, more power, more power, more power, more power. TG in the pew with the bones [music] in the hands grip tight into the collection plate. Edges in the back row looking nervous. We just turn the cathedral [music] into a ra power, more volume, more heat in the tape. Don't let it drip. Don't let it sleep. Every time we light is another flow. Every shell we lock is another door [music] that can't close. >> Testify on the table. >> Testify on the tape. >> We need that more power, baby. >> We keep this rocket in the air. More power. [music] >> More power. >> Keep the moving. Kill the spirit moving up more power. [music] More power. >> Search in the club in the stock. Still booming. Can I get a [music] more power? [screaming] >> Can I get no more power? [music] Don't get no more power. No more power. I [music] said no more power. More power. Money more power. On a discount being to [music] the promised land. We've been holding through the fire and the flood. They said it was over. We said amen anyway. Now the orgas started [music] the bases in the blood. Squeeze the dark. Squeeze the doubt. Squeeze every last share they thought they had. This ain't just a ticket. This a testimony. Gametop gospel with a night of testimony. [music] >> They want us quiet. >> They want us still. >> But the congregation came >> to move. So we turn the [music] lights down. Turn the volume up. And we don't stop till the chart looks like a staple. More power. More power. >> Keep the tickle moving. Keep [music] the spirit moving. >> More power. More power. More power.
2:56More power. Only more [music] power, baby. Only more power. [music] Testify. [music] power. [music] Hey, don't you let it die. >> [music] >> testify. [music] Suka, comrades. Oh, suka, comrades. Oh, he thought you'd seen the last of the golf. Oh, well. Suka [music] bleed comrades you kissed wrong. I am back for another discussion of the GME. [music] Oh yes. On today's show we will talk about [music] why technical analysis matters and why you underestimate the truth. Did you know that Yakov and Jackie [music] called this move? Oh, but the echo did not wait for 17 faky [ __ ] Yes. And oh no, I guess all we had [music] to do is wait for Jackovic that completed and then wait for the bullet diver [music] nothing mentioned [music] nothing gain always explain patience will wear stones away. What will [music] come will come someday you can bend out the tree if you bend it slowly [music] fools and they appear while we sleep [music] without a cat feel free this is just something you can see but the kind of changes What's this time for going to take a shot? [music] And these shots can they win again when lost as a whistle on mountain. [music] Nothing fun. Nothing invention nothing always explains [music] those away. What will come someday? You can also jack to the tits about the GameStop warrant making the boooo the five touches of the bullish [music] divergence. They give us the boooo and some jacks about the break of the center one. He even puts [music] the giant [ __ ] yellow. Does anybody listen? Well, [music] now the money go up. It's a bank account. People make some money and they happy. [music] Hey, look. Look at them. [music] Look at them. Where is the hype? Where is [music] the excitement in the box? [music] We waited for these touches of divergence. We waited [music] for the pivot. Where is your hype? Are you not entertained? >> Nothing seeking nothing says [screaming] mine. Nothing can come always explode. Precious [music] will wear snow away. What will come will come someday? [music] You can bend it out if you [music] >> [music] >> Wake from your sleep. >> I can't wait to quit my mouth >> and dry off your tears today. We escape. [music] We [music] Heat. Heat. Heat.
8:47[music] >> [music] >> Heat. Heat. >> [music] >> So when the trade is done [music] and we take our [music] >> [music] >> Why? [music] I can't stop. [screaming] One moment, if you please [music] allow me to elucidate upon the current fiscal insurrection, GameStop short interest, and the most exquisite short squeeze in his majesty's realm. Shall we begin? [music] One moment. [music] One moment. One moment. If you please [music] allow me to elucidate upon the current fiscal insurrection. GameStop short interest and the most exquisite short squeeze in [music] his majesty's realm. Shall we begin? 22.95. [music] My dear chaps, the sacred pivot if you will. Resistance shall crumble with the grace of a well read gentleman's quill. [music] We are not merely holding. We are custodians of destiny. Diamond gauntlets clasp to the moon. One might say with utmost clarity [music] in the shadows your margin calls a party and most uncouthed jewel of his gentle melee. When 2295 [music] breaks darlings it's tendies and tea on the moon for we right. Listen here you absolute I shan be brief. I've DS my shares [music] with the punctiliousness of a white hole chief. While your chops in the city were busy cooking the books with egregious leg. We were in the discord stacking [music] certificates like fine vintage champagne. Sure interest positively vulgar 140%. How go your [music] descending faster than a pu social climb. I must say most you declare the float is tighter than my backdrop oncot day. When the algo army folders you [music] shall witness a rather splendid display. Paper hands. How terribly common we do not fold at the first sign of red. We maintain composure. [music] Sit lap sang zoo sh and proceed with a stick of a thread. Citadel war like a citadel of hubris [music] built upon sand and deceit. When the mos arise even your quant shall admit utter defeat 22.95 [music] my dear chap the sacred pivot if you will. Resistance shall crumble with the grace of a wellre gentleman's quill. [music] We are not merely holding. We are custodians of destiny. Diamond gauntlets classics to the moon one might say with utmost clarity I edges [music] in the shadows your margin calls a tardium your most unc shares meet their absolute roof [music] game the crown jewel of this gentle melee when 2295 breaks
12:21darling is tendies and tea on the moon for we one simply cannot abide these naked shorts and their rather unsemly proliferation [music] it defends every fiber of my being like a warm beer with the Oxford and Cambridge boat race regata we've got the float [music] with the diligence of a Victorian Be an archivist the arrest to the gills. Your prime brokers must be positively [music] livid. You excuse my cander where your dark r shenanigans are rightfully deckless. While we apes, >> pardon gentlemen, I refine conviction. >> Simply refuse to decay. Ken [music] Griffin, a most disagreeable fellow. I must confess when a squeeze commences even acquire a rather large distress. We do not panic [music] sell at the sight will be frightfully ba diamond hand through the fud with his stoicism of appear in the house of the lord. So do be a dear and cover those [music] decisions before the closing bell to otherwise it shall be quite spectacle absolute financial bedum [music] I suppose [singing] father >> who art in the cloud computing [music] >> in the cloud computing >> hallowed be thy chart pattern thy kingdom come [music] straight to Andromeda if you please thy will be done on all outstanding locates [music] give us this day our daily gamma squeeze and forgive us our occasional paperhanded moments of weakness [music] as we forgive those who spread FUD in the media groups. Lead us not [music] into citadel temptation, but deliver us from evil market makers. [music] For thine is the float, the power, the glory [music] forever and ever to the moon. Old boy quiet [music] enough peasantries. The bell is a butter with impeccable timing. 2295 is the line in the sand and with your [music] most impeccably rhyming when that level shines like a lesser vintage of flic under pressure. The short cascade shall be more [music] elegant than a perfectly executed fox on me and he shall rain to get a royal wedding in Westminster champagne on the lunar service bylers in lun [music] gamblers. with your participants in the most civilized insurrection game. Stop your rise in the hedges show pop off the [music] school discretions of a good day. You've over your scoundrels of the square mile when the bucket ignites to remember [music] the smile or at least the temp with style. Diamond hands, diamond
14:34minds, diamond lineage from here to eternity. GameStop [music] 2295 moas cheerio when God save the float. One moment. >> Do you hear that? One [music] moment. >> Do you hear that? [laughter] >> Ladies and gentlemen, I present to you the world's finest, ladies and gentlemen. >> All right, one more. You know, I'm just drinking my coffee, having a good time. All right. Don't I know you're panicking. I know it's minus whatever percent. Calm down. Calm down. It's going to be just fine. Okay. It's going to be just fine. Just calm down. Relax. Right. I'll give you a good tune to get you fired in there. Right. We're going to be okay. We're going to be okay. [music] Well, hey, I'm just here to say Ryan loves [music] the gays. We got bars for [ __ ] days. Give Jackie his praise. The market's filled with haze. For 20 trees, we roll up and blaze. Don't take advice from grace. Trust [music] the trader plays. Portfolio's about to wait. Do not hesitate. The tips here to stay. [music] Big among your knuckles. Do you know the way? Wait, wait, wait, wait. Hey, hey, hey. [music] >> [music] >> Can you feel [music] it? It's [ __ ] coming. The money bags will soon be flowing. Tips gang [music] ready. Hedges running. Come here, Kenny. It's time for bomb. Play off the [music] gaze. Let me hear you all say we can love one another in a normal kind of way. Forget about [music] your differences we slay. Our time is the day [music] will never stray. Four years we've been in this battle. It's time to make Wall Street rattle. A massive herd of horn cattle from New Zealand to Seattle. [music] We don't do no tail tattle. Surroundings will spittle spattle and people [music] are going to cattle while slows prattle. There's no need for us to straddle with Ryan [music] back in the saddle. Large is calling. Time to scadaddle. Misha bark bark doggy pedal. [music] >> Well, hey, I'm just here to say Ryan loves the gays. We got bars for [music] [ __ ] days. Give Jackie his praise. The market's filled with haze. [music] For 20 trees, we roll up and blaze. Don't take advice from gray. Trusted trader [music] plays portfolios about to wait. Do not hesitate. The tit here
17:36to stay. Big up my man Knuckles. Do you know [music] the way wait? Can [music] you feel it? It's [ __ ] coming. The money bags [music] will soon be flowing. Fits gang ready. Come here, Kenny. It's time for bombing. [music] >> [music] >> Hey, [music] heat. Hey. Heat. [music] Heat. >> [music] >> 50 [music] years back with a track bomb bastard. teach you about the KDJ trade like [music] stoastic followers rule profits be fantastic let go of the bandastic bouncing off [music] the walls Jimmy gymnastics yo yo traders [music] assemble the charts in the world KDJ's the kingpin giving signals a twirl from stochastic roots it triples the fun [music] Katy line leads the charge These moves the run J's the wild card crashing the gate n [music and singing] highs and lows at the rate close minus low over range so [music] grand times 100% K smooth the hand three period D then J's [music] the spark 3K minus 2D light in the dark >> hey Jackie hey Jackie screens blazing [music] brights dancing high but crashing [singing] night 50 alarm bells playing loud overs [music] join the discord crowd 50s lord and savior 22.95 golden retrace glory where dippers survive trapped in [music] your so tight half year highs and low squeezing my fight bearish [singing] >> place your w [music] trader under the light k hooks up deep from the depths down low buy signal booms let the green money flow [music] jade dips below 20 oversold wo time to school bargain watch profits grow 80s the ceiling Sell if you're near short for surge. [music] Conquer your fears. Dance is dancing bullish or bearish guys. [music and singing] Fast or slow params customize the spies. But beware the bull traps. The whips [music] all wax. KDJ's a flirt but it maps the tracks. >> Pull back by patterns in play. KJ [music] lines lean in a wedge display ascending squeeze or descending ds the villain [singing] building the thread. Jackie caught the vibe [music] at the crack of dawn beam 50 screaming but 2295 a dream lord of the 50s that pivot so prime save your [music] p standing saving your dime triangle tension two years in the grind [music] break out the boom leave the we behind [screaming] hey Jackie hey [music] blazing bright dancing high crashing tonight The
22:09SOS [music] alarm bells playing loud over five plays join the discord crowd. 50 floating savior [music] part of 22.95 gold retight [music] highs and lows fight. >> Kiss the wedge goodbye. [music] Ignite the flight. >> [music] >> It's so awesome. It's so awesome when uh the share price for four straight weeks goes up and we have like the majority of the community is relatively excited and whatnot. And d then you've got people out there saying, "Oh my god, how are you guys even being excited over 3%." That's and then the share price, right? After we speak about the daily and the technicals such as the weekly Ballinger bands and how we were tested, right? We talked about all these things and we we speak about it and then it does exactly what we speak about, right? when you hit the deeply overbought and all we talked about was wanting to hold this move into the weekend, right? So, yes, of course, it's disappointing that this candle has eliminated three great days of price action, but guys, I I want to just point this out. We're what, [snorts] an hour? We're 1 hour and 1 minute into the day. We're we're one hour And one minute into the day, >> first thing this morning, at least with regards to the options chain, I think what we've really just been seeing is either a lot of profit taking or someone aggressively trying to short first thing this morning to spook people, right? because perhaps there's a big event or something that could happen over the weekend that perhaps will propel the share price into massive highs. And so perhaps right after such a strong week like what we've seen so far this week, perhaps we are seeing someone come in and try to throw a ton of panic and a wrench into the cogs of the GameStop machine, guys. Come on now. >> Come on now. >> We're an hour in. >> We're an hour in. >> We're We're literally an hour into the day. We have now had the RSI, just like we spoke about, we've had the RSI now make a dramatic and significant pullback to the point where this is very easily argued as a heavy cooling. So now if GameStop can find its footing, right, and begin to put in some divergence perhaps
25:33on like a 30 minute or a 15minut time frame. Once we start to put in a little bit of that divergence, we could start to make a turn and burn here. And this could continue to hold the uptrend that it's been in. Right? Low, high, higher low, higher high, higher low, higher high, higher low, higher high, higher low, higher high, higher low. Now, all we're kind of doing here this morning, at least what it looks like to me, is we're filling a a good chunk of the gap that we left here from Monday to Tuesday. Hey, that gap up that we saw on Monday to Tuesday from uh Ryan Cohen's purchases, we're seeing the share price come back towards that gap. Okay, no big deal. Do they really want to give Ryan Cohen another opportunity to buy at the same prices that he just bought at before? Oh, okay. Well, when you put it that way, Jackie, all of a sudden it doesn't really feel that scary. That's cuz it's not. That's because it's not. >> I know that minus 7% is obviously awful and it's obviously terrible and it feels just brutal, right? But again, guys, I I want to reiterate this. Stocks can't just go up only. They can't they can't just go up only because they can't go up only, right? These retracements, these knockback days, yes, they hurt on the day that it happens, but what's really fun is that a lot of these technicals then cool off to such a high degree that it opens the door for the next opportunity, the next low and bounce and push that establishes a higher low that pushes to a higher high. We have accomplished a lot this week and one hour's worth of a pullback on some decent volume that it's not enough to spook me. It's not enough to scare me. It's enough to make me say, "Oh, okay. Maybe I need a second coffee." [laughter] But other than that, like really, um, I just don't really have much to say. Uh, we have now, so I'm going to kind of talk a little bit more about the uh macro here. Um, but before I start, I was uh I was actually in the midst of heating up my little uh my my bag for my back and then I just
28:02started ranting and talking and so now I have to go grab it. So, uh I'm I'm not going to play any music or anything. I'm I'm just give me literally give me 15 seconds. You can even time it. Ready? Go. I'm fast as [ __ ] boy. I'm fast as [ __ ] boy. I don't think you understand just how fast I really am. Okay, now we have a thousand people tuned in here watching. I know that Citadel has probably employed some of their junior traders to come and watch the stream. Uh hello fellow junior traders. Great to see you. Uh I don't have anything more to add for you guys so that you guys so you could probably find someone else to watch temporarily as we go through this conversation, right? So, thank you Citadel interns. We appreciate the uh the viewership, but but but we're we're we're we're good. >> [sighs] >> So, uh, thank you. All right. And, uh, okay. So, here's what I need from you guys. I need you guys all to type GME or Jimmy into the chat box. I accept both. I accept both. So, can we get a little bit of Jimmy's or GM into the chat box? We have a thousand people watching. And uh just go into the super chats and uh thank you to supers and highlighted membership messages show up here. If change filters, this filter will only show your last 100 funded me. Oh, that was Oh, okay. All right. No, that's all right. So, back to all messages here. Okay, there we Okay. Look at all those Jimmies and James and Jimmy Jam James and Oh, man. Look at all that. That's awesome. That's awesome. Okay. Okay. So, let's kind of talk about the macro here, folks. Let's talk about the macro. So, um maybe we'll start on the daily. Uh yeah, we'll start on the daily and then we'll move towards the weekly as we kind of uh carry over this conversation. First daily, we're going to open the Ballinger bands because that's what we've been paying attention to basically every day since we started this run. We're going to turn those on. Click this and oh, okay, look at this. Ballinger band center line continuing to slope up. The lower Ballinger band is now coming up which has now
30:51ended the bulge. And now the upper band is beginning to turn over which could then create a squeeze. And once again, if price action stays in the upper half, sorry Aaron Rogers, you've got to go. And then I probably got to get rid of all this because it's there's just too much going on. And I I understand. I get it. There we go. So if we get the Ballinger bands to squeeze. So I'll draw it kind of like this. All right. We'll get this here and we'll get this like this and then this like this and then maybe flatten out and then maybe flatten out and then get this like this. Change that to orange. And then maybe price does something like this. So, as long as you kind of stay right, as long as you kind of stay in that upper half, we should continue to expect this run to carry on. Now again, I recognize that a minus 7% first hour of the day feels absolutely soul crushing, but listen >> on this very channel right here on this very [ __ ] channel. We spoke about the technicals and how they were entering extreme areas of strength and how we anticipated that there could be a pullback or a retracement or consolidation that allows those technical indicators to have a cooling stage where again we were hoping that price would perhaps only retrace 1 2 3 4%. Now obviously 7%. I'm gonna tell you guys something, okay? I I want you to watch your screens. And yes, the buffering today is just absolutely dog [ __ ] So, I don't know what's up with YouTube. Uh maybe I need to reset my computer. Maybe maybe it's on my end or something, but the buffering is just terrible. So, uh I don't know what's going on with that, but I don't know if it's I don't think it's a me thing, but uh yeah, >> I want you guys to understand something. Okay. >> So, here's what I'm going to do. Here's what I'm going to do. I want you guys, All right. What I want you guys to do is look at your screens quickly. All right? 1.1K of you. I want you guys to look at your screens quickly. All right? And I'm going to turn off the drawings. Okay? I'm
33:20going to turn off the indicators. I'm going to turn off the drawings. And I want you to come with me. Okay? I want everybody to click their heels wherever you are right now. Even if you're driving, I don't Okay. No, not if you're driving. That's dangerous. But if you're not driving, wherever you are, I want you to click your heels three times. And I want you to say sneeze. Sneeze. Sneeze. Okay, everybody do it with me. Sneeze. Sneeze. Sneeze. [sighs] Oh my god. We're definitely not back in 2026 anymore. Yeah. Hello everyone. I am Mr. Robot, the tin can man. Me, I'm afraid of everything. And me. I am afraid of the past. Cuz sometimes the past requires a good hard look. When GameStop was entering its 2020 squeeze into 2021, the share price saw some extreme and exceptional movements. You have to understand though in the days and moments where the stock only went vertical, there were moments where the stock had steep retracements within those trends. GameStop back in August, the beginning of September of 2020 saw a pretty exponential rise in the share price. Now in doing 103% it then saw from the peak of its wick to the low of this retracement a 30% move back 30%. Now the percentages of the stock look extreme because the share price of it was trading at pretty extreme lows at that moment in time. So we are way back in time right? We are trading at a $145 up to two bucks. So the percentages look extreme, but the purpose I want to make in showing you guys this is that there was exceptional volatility. 30% pullbacks. Look at these daily candles, right? I want you guys to see this. The wicks are moves, right? That's movement that the price had seen. Look at some of these wicks. Candle opens here on this day. It pumps 8% comes back and then is down 7% and then closes green by one. That is volatility. Now I know that what we have been doing with GameStop at least the uh the the motion in the ocean that we have had over the last four weeks I know that it doesn't feel like the volatility is extreme because the percentages are not extreme but you have to put these things into context. 2020 was co it
37:06was one of the most unique and um what's the word I'm looking for? one of the most unique and uh kind of heavily watched moments that happened in stock market history. GameStop over here, what we're doing over here, the context of this matters in the sense that we just made a 40 plus% swing in four weeks. That's a 40% swing the likes of which GameStop has not done in 14 months. It has been 14 months since we have seen a swing equivalent to what we have just seen right here. The reason that that is important, right? The reason that that's important is because that is a sign or signal of strength similar to the strength that was shown in 2020, but not with the same level of volatility. Because this is a different kind of event. This is a different stock. It's a different type of trade now than it was back then. The other thing right that also continues to uh provide I'll say some level of context as to what we're doing is the truth teller of price. We know that when GameStop has hit these peaks, we have seen retracements, consolidations, pullbacks. But those pullbacks have often times led to holds or bounces at support and then looking for the stock to make a push right back up to where it originally went. There's a lot of things to still really like. And again, I recognize that 7% feels really bad. But the reason I'm taking you back to 2020, okay? The reason I'm taking you back here, it isn't just to show you guys the volatility, right? It isn't just to show you guys the volatility. The reason I share this with you guys is so that we can talk about what fear looks like. We just watched a stock, right? We just watched GME stock made a 40% swing in four weeks. Now, it's not insane, but for the last 14 months of price action, it kind of is. And in doing so, yes, it blew out some of those technical indicators, but it's really not that dissimilar to what we witnessed back over here at the beginning of GameStop's run in 2020. In 2020, GameStop's RSI peaked at 86.3 and then it saw a significant retracement after reaching the overbought zone. That significant retracement had the RSI on the
40:08daily hold above the center line. And when it held, you guys will see, right? It retraced following overbought right here. Okay, this is the retracement holds on center and then look at the continuation of the move 158%. The reason I share this is once again we are not really doing things that are that dissimilar to 2020. And I want to again I'm trying to circle this conversation around into a little bit of common sense. 2020 was fear. It was fear. These guys were petrified of GameStop making a breakout. They were so afraid of GameStop making a breakout that they would throw the kitchen sink. They would throw their grandmas at this [ __ ] thing if it meant that they could survive for another day. And we see that. We we can see that unfolding, right? When the stock has a gap down and is pushing back 15% on the day like it was back here on September 10th of 2020, when it does things like this, this isn't Listen, this isn't buyers running away. This this is legitimate fear. And this wasn't the only time that we witnessed this through the uh through the swing. So, I know you guys are looking at that and thinking, "Oh, well, Jackie, it's earnings. Look, this happened several times from here to here. This was 9% and that was a gap down, right? And then look at some of these swings here, right? Once again, earnings, right? A a positive earnings with a gap down. And look at some of these swings over here, right? This closed here and then opened over here, leaving this technical gap that got filled over here. The volatility on this thing when it was making its move was phenomenal. And when the stock leaves these gap downs, right, it leaves these little technical artifacts on the chart for us to come back to later. Now, in the case of GameStop over the last uh I guess we'll say a year and a half, GameStop left a bunch of these gaps over here, right? So we had this gap here at 30, this gap here at 28, this gap over here at 27, and this gap over here at 26, right? So we have left several gaps on GameStop for us to come back and fill. And what's really interesting about the
43:08move that we've seen down here this morning, now down uh almost 8%. With this swing down here, if I turn off the drawings and we zoom in, okay, it's difficult to see, but this is a technical gap. Okay. So, GameStop closed here and then opened here, leaving this space open. This is a technical gap from 252 to 2496. This is a gap, a hole that was left on the chart. This is to me this is telling. This is a sign. This is a signal that there is some level of fear. And where that fear specifically comes from, I have no idea. Right? I I don't know who holds what position and what specific thought and blah blah blah blah. I I I have no idea. I I don't have infiltrators at [ __ ] Citadel, you know, like. [laughter] But what I do know is that I have seen what fear looks like on GameStop. We witnessed it in 2020. That's why we go back and we look at that price action. And I see similar things. And I listen here. Here's where uh we'll kind of push this conversation into an interesting direction. I want you guys to consider something. Okay? Consider this with me. All right? And I know that uh this I know that this is going to be a little bit difficult to uh follow along with, but I I'll try and make this as simple as I can. Okay, imagine that you are a hedge fund. Imagine that you were an institution. Imagine that you were a whale. Imagine that you were an arbitrage trader. Imagine that you're a short seller. And imagine you hear news that Ryan Cohen is issuing bonds, right, for GameStop, this piece of [ __ ] stock that you guys all think is going to [ __ ] die because it's a piece of [ __ ] and Ryan Cohen's a [ __ ] idiot and blah blah blah blah blah. Imagine you're one of those people, right? And you hear about this news and you're like, you know what I want to do? I want to take advantage of the price action that I think GameStop is going to lack over the next coming weeks and months and maybe even year. [sighs] And so what you do, right? What do you do? you go
45:32out there and you short the stock and perhaps, you know, again, this was slightly before the warrants had been created because the warrants got created back over here. But slightly before the warrants creation, there was a lot of folks out there that were thinking, you know what, I think this is probably a really good opportunity to short GameStop or at the very least try and take advantage of a big dip in uh volatility. And that dip in volatility as someone who sells options, you could probably create a whole shitload of income, especially if you have hundreds of millions, if not billions of dollars at your disposal. Right now, imagine that you weren't one of the first funds that was on this prior to that gap down. Okay? So, we're going to look at all of this price action here. Okay? So, everything that you guys see on the screen is what we're going to focus on. Okay? Now, the reason I want you guys to focus on this bout of price action is because this is where the majority of these short positions, these arbitrageed positions against the warrants or the bonds or whatever else, this is where the majority of those positions were established. Okay, this is that area. Now if this is the area right if this is the area where we know a large number of the short positions and the covered call positions and uh I'm trying to think of what else you know uh the arbs against the warrants and etc. If this is where we know that the majority of those positions were established, look at where we were yesterday, Wednesday, and Tuesday. My cursor is on that and I want you to look left following my cursor. Now, when you see it, I want you to type GME into the chat box. What I'm trying to explain here sometimes requires a little bit of a just a little bit of a deeper discussion. And this right here is part Wow. Link, are you dead [ __ ] serious? That's awesome. And part of this deeper discussion that we're having with GameStop, where my cursor currently is. Okay, short sellers are different than long traders. Okay, if you have $1,000 in your bank account or in your brokerage account and you go out there and you buy GME, okay,
48:10that cost you your $1,000 if that's what you choose to do and that's it. There's no maintenance fee, there's no requirement, there's no margin fee, there's no borrowing fee, there's no there's nothing else. You buy the stock, you own it, it's in your account. Boom, boom, boom. That's it. Now, if that's the case, right, think about the short side. The short side has to incur borrowing fees, margin fees, loan fees, fees fees, triple agent fees, Jim Kramer fees. These guys have fees coming out the [ __ ] wazoo. Right? These guys got [ __ ] fees on fees on fees on fees. Now, if you consider that fees are similar to theta, right? where those fees start to eat into those short positions where if the stock doesn't start making a substantial or significant move in the direction that you want it to go into, suddenly your short positions Jackie underwater. Now, if that's the case, if that's the case, you have to imagine that there were a lot of short sellers and probably still are on Tuesday, Wednesday, and Thursday were [ __ ] their collective pants. Because if we look at where my cursor is, right? If we look at where my cursor is and look to the left, that area not only seems to be quite the contentious area of resistance, but that's probably the very tippity top of where these shortselling guys are starting to get in real big trouble. Now, I'm not talking about the short ones, right? I'm not talking about the smart ones that were short here and here and here and here and here and here and then it gapped down and they were like, "Cover, cover, cover, cover, cover, cover. I'm out." I'm not talking about those guys. No, see, I'm talking about the greedy, shitty, dumb [ __ ] clowns that watch this stock casually drop 33 12% in 116 days and didn't cover at all. Right, those dumb [ __ ] Well, they just watched the price rise 40% directly in their little [ __ ] faces. And not only that, but there's a really, really good chance that the price started to break above their cost basis on their short positions. And if these guys didn't take profits and they didn't move along from this trade, I would imagine that what you're witnessing
51:17here today is a collective group effort from I'm going to get these guys just That's what that's what I would imagine, right? And then you pair that with a little bit of, you know, SPY starts on a gap up and then immediately sells off. And on that immediate sell off, right, we kind of spoke about this yesterday. The people that are short or the people on the other end of this trade based on what we were watching on Unusual Wales yesterday, it looks like they're trying to use every push down in the market to then pile into GME to try and push it a little bit lower. But this morning it looked like there's kind of a little bit more of a collective effort. And I again I'm going to assume right that a lot of this has to do with the technicals just reaching such you know extreme levels. The daily RSI achieving 84, right? Uh the weekly upper Ballinger band being uh basically pierced, right? We were piercing ourselves outside of that weekly Ballinger band. Right now, those weekly Ballinger bands are beginning to squeeze again. Now, again, there's 5 hours left in the day. Still lots of time to make a reasonable recovery, right? But as it stands right now, what I kind of think or what I kind of feel about this right now is that this this feels a lot like fear. that this feels like a moment where there's some people that weren't smart enough after the CEO of the company bought two times. There are people out there that just weren't smart enough to cover their shorts cuz they're greedy or they're stupid or they think they're smarter than everybody or whatever the answer happens to be. But with this push, right, and where this push has taken us, this has taken us above levels where I would imagine a very large number of the short positions that were established following that gap down. I would imagine a large number of those short sellers that weren't smart enough to get out are certainly underwater or just barely treading. And so this to me looks like that collective group effort where it's like, okay, well the technicals are overbought and maybe some of these overbought traders along with the algorithms will help push blah blah blah blah blah blah
53:37blah blah blah. Anyone that didn't get out, anyone that wasn't smart enough after the CEO of this stock bought the stock two individual times, anyone that didn't get out is very likely underwater. And the longer and longer and longer and longer that this stays in these ranges, the more and more and more pain that starts to get inflicted on these guys. And the more pain that gets inflicted on these guys, the quicker and quicker and quicker that the covering will begin. Because at one point in time, one of these guys is going to incur too many fees. It's going to cost them too much money and they're going to have to give it up. And when that moment breaks and they give it up, that first person to give it up is going to start a cascading effect. This to me right here, I I wish that this made me afraid. And maybe back in 2021 or 2022 or maybe even 2023, this would have scared me because I was a new trader and I I just didn't know anything. But knowing what I know now, watching the RSI pull back and hold the EMA, watching it stay above center, watching the MACD have a very small drop on the histogram, looking at the weekly MACD still having a cross and pushing to center, looking at the weekly RSI break. I know that this little pullback regardless of where it closes today, I know that this has cooled the technicals the exact way that we wanted it to. And now Monday, Tuesday, Wednesday, the share price can build support, turn back up, and everything can just keep going because the technicals are now no longer overbought. Things aren't too far beyond where they're supposed to. Even including the money flow index. Remember we spoke about the money flow index being way, way, way, way, way overbought. Look at this. Now it's coming back towards areas of healthiness. These are all continued positive developments and the pullback while it does feel scary and it's not a great candle at least not right now. These are opening the Misha. Hey, thank you. Thank you. No, you you you stay over here. You're cracking out. Come over here and just lay down. Come on. Up here. Let's go. Thank you. these technicals have now cooled whether it's the
56:30daily whether it's the 4 hour right if we look at the 4 hour I mean you could make so many different arguments about hidden touches of divergence should this hold support and build and push off of it like there's an argument to be made that from this low here to whatever this may be right there's definitely an argument to be made that this is it's just outside of that 14 bars, right? You could even make the argument that from this low right on the RSI right here, you could make the argument this low here to here like this is also hidden bullish divergence if it manages to hold support. And then there's a couple other exciting things that are kind of happening on these charts here too. I want to kind of I wanted to carry on with a little bit of the the macro. the Fibonacci that we pulled from the $36 high, right? So, the fib that we pulled from the $36 high down to the 52- week lows, that's here in bold, right? Look, we are finding support or at least we are testing it, right? We are attempting to find support on the macro 382. Now, if we can find support here, right, this is like almost stairstepping, right? You've got this the break back test push break back test push break back test push right that's kind of what we're looking at with GME right now and so we are at this macro area of supporty by the way is pushing uh higher here we are at this macro area of technical support now also what's interesting is if you pull a fib from the low of this move okay so from right here to the high of this move. That's right here. Drag it across so you guys can see it. You'll see that we are currently resting. Let me just move this and put this here. Oops. We hit and have tagged the micro 236 and the macro 382. This is technical confluence right here, right at the top of that gap from Ryan Cohen's last purchase. If we hold here and build support, this is going to look really [ __ ] bullish. Now, if we turn on some of our other technicals, I'll say our moving averages here. Oops. Here we go. Nothing really close with
59:03the 4 hour other than the fact that the 4 hour is probably going to make a golden cross, which is cool. We have no moving averages on the daily that we're, you know, overly close to. The 200 is all the way down here at 2220. So, I'm not, you know, thinking about that one yet. And then if we look at the weekly, okay, the weekly we're above all three, including the center line of the Ballinger bands. So, we are above a lot of technical support. And although a 6 7 8% candle backwards at least so far here to start the day, again, while it feels shitty, right, it feels a lot like fear more than natural price action. And fear doesn't drive my trades. Fear doesn't drive how I feel about trades. And fear isn't how I, you know, navigate markets. I I'm just patiently watching. I'm I'm just drawing this the special little triangles and the cool little trend lines. And at least for right now, that 2320 spot has a double Fibonacci alignment right there at 2320. And if we can build support off that again, right, whether it be 15minute bullish divergence or, you know, even in the case of this right now, 15-minute bouncing off of the 15-minute 200 moving average, if we build support off of this and push up, there could be a really significant push all the way back up. And if we get that significant push all the way back up, guys, we're going to be in a [ __ ] unbelievable position headed into the weekend. So, let's just relax. Let's just let it do its thing. We're still in a great position. And I I I just showed you guys, right, from a technical perspective, we have seen nothing bad happen. Yes, 7% isn't a good thing, but nothing bad has happened. And I'll also just throw this out there for you guys. Now, I don't use scam hours, but I have noticed since I've been turning it on a little bit lately, uh, scam hours leaves indicator signals, and it does love to come back there and fill them. And on the 2minut time frame, GME left one here this morning all the way back at 2476. This is not insignificant. and the volatility of GME. We know it's there. We know that that
1:01:34push back is very possible. Now, I'm going to show you guys an indicator that I haven't shown you guys this week or I don't know if I've shown it to you in the last couple of weeks. You guys, you'll have to tell me. Um, but, uh, one of the indicators I'm going to, let's just turn off the drawings here quickly. One of the indicators I'm going to show you here that I haven't shown you, I think in a couple of weeks, is called the average true range. The average true range shows you how much the stock moves on the time frame that you're using. So, if I open up the average true range indicator, okay, look at this. Okay, the average true range indicator on August 26th had reached a low that we had not seen dating all the way back to the actual sneeze. We had hit a low of an average daily move on a candle of 46. Now, since those lows and since this run has begun on GameStop, the average true range has continued to climb relentlessly, now over double from where it was originally, up to 88. The reason I show this, right, is because I want you guys to see the average true range to date, right? This is today, Friday, September 25th. And look at the average true range. See how the average true range increased. See how the average true range increased? The increase is telling us that the volatility of this asset is also continuing to increase. And not just increase, but it is increasing and accelerating at a rapid pace. When the average true range is like this, you should expect deep, hard, strong candles both up and down. But the exciting thing, Misha, get up here, please. Get up here, please. Yeah, you're [ __ ] around. And so if we expect large volatile candles, speaking of volatility, spy, that's volatile right there. If we expect large volatile price action, right? These pullback days, yes, they're scary, but they align with the levels of volatility that we are seeing. And the average true range doesn't tell you bullish or bearish. It just gives you the range of the candle. And so if the average true range continues to increase as we are in the midst of an uptrend, right, this pushing of a potential
1:04:26uptrend, if we're in the midst of a potential uptrend, that average true range is suggestive that volatility, while it produced a 7% candle down so far today, can produce just as equal of an 8% or a 10% candle back up. The other exciting side of this coin is that we have a stock that has now had its technicals cool and pull back to levels of strength is not the right word, but uh levels of peace and calm. And so now that we have pulled back to those levels, GameStop getting that 5 10 15% swing, right? We were hoping to see something on the weekend for that, but as far as during the week, it's hard to ask that when your RSI is already so high and some of your other technicals are already so blown out, right? But now, now that we have had that pullback, the idea of seeing the stock have that 5, 10, 15% swing up, that becomes way [ __ ] easier because now there's run there's runway, right? It's like trying to take off on a It's like trying to take off with a plane and having 1,000 ft of runway versus 10,000 m worth of runway. We have now opened the the the runway with 10,000 meters worth of of clear space versus before where we were only working with a th000 meters. I mean could it work? Yeah, sure it could work. But it's difficult to make it happen. Now the technicals have cooled in such a way that not only can this make a recovery but the recovery will lead to I would assume it would probably still close as a red candle but it would be barely red and if this closes as a barely red candle as we have had the RSI on the daily and specifically the 4hour get rid of the bearish divergence pull back to levels of strength and hold there. If we see that, that opens the runway for the stock to have a really significant push. So again, I'm just going to reiterate this. I know that it sucks that the stock is having this retracement, but it's not as if we haven't spoken about this all week. And now all we're really, again, I'm going to reiterate a lot of what I said yesterday. I just want the stock
1:07:05to close around 24. If we close around 24 or Lord forbid even closer back towards 25, that's really great. Gives us a great weekly candle. Looks really strong. You make basically an 8% recovery from Friday's lows. I mean, that would be amazing. While the price action is scary and it makes me sad that it had a pullback, I don't see anything on here that has immediately given me cause for concern. All I see is a bunch of [ __ ] short sellers that panicked because they were deep underwater and now you are witnessing what panic looks like in real time. Because for some of you, you weren't around in 2020. You you didn't get to see these things unfold like a lot of us did. And I can tell you from experience, that fear, that that uncertainty, and that doubt that the short sellers had when GameStop short interest continued to climb as they tried to cover every single time, and then the share price just kept going right in their [ __ ] face. I promise you these guys are beginning to run scared. And this right here is fear. But the one thing that I love about fear is fear is liquidity. And now these dumb [ __ ] short sellers just took price all the way back to the macro point of control. Not only did they take it directly to the point of control, uh oh, Jackie is showing you something that's now even more important than anything else we've spoken about today. We've taken it all the way back to the macro point of control. And look at this, folks. Look at this. I don't have it on there. Okay. Visible range on profile. Look at that, folks. They took us right back to the point of control. And not only did they take us back to the point of control, but we just [ __ ] ripped tater chip right off of it. We just turned the point of control from what was once resistance into now potentially support where if this [ __ ] pushes all the way back up, those dumb [ __ ] idiot short sellers just gave us all their liquidity at the point of control where everyone else is buying. And then they're going to use that liquidity at the point of control to
1:09:45rocket launch it right back in their faces. And then everyone's going to turn and say, "Thanks for the liquidity, Bandos, cuz we are in an awesome spot." And I know it doesn't feel awesome because the share price is down. But all you got to do is remember it is early. We we are literally what an hour and a half, hour and 45 into the day. Share price is only down 5 1.5%. The volume is phenomenal. Right? Look at this. Volume already on the day 7 12 million. Right? We're wicking a little bit here at that gap. Listen, folks. I'm telling y'all, if this thing turns and burns into the afternoon and it closes up high, if I was a [ __ ] short seller going into this weekend, I would [ __ ] my [ __ ] pants. No, seriously. I like I would actually have [ __ ] in my pants because now the technicals have cooled. You've got rumors and whispers of Mr. Wizard. You've got Ryan Cohen potentially looking to purchase more stock. You've got a stock that you guys just pushed down 9% and then it recovered basically the entirety of Man, if that thing makes a recovery, I sure would have literal [ __ ] in my [ __ ] pants if I was short. So that's what we have going on, guys. It's just a pullback. You know, we hit a deeply overbought area on the RSI. We had a great swing yesterday. Now, we just want price to kind of hold from where Ryan Cohen purchased it into the weekend, if not a little bit higher. And then, let's see if we can get some little uh let's see if we can get some whispers over the weekend. But there's a lot to really like about a negative 6% day. Obviously there's not a lot to like that you have a pullback but there's a lot to like from a technical perspective where you have seen these things now cool and then the other exciting thing right this is where I wanted to uh kind of turn the conversation uh over towards the weekly if we turn our conversation over to the weekly right the weekly MACD next week is going to inch closer where is there we are the weekly MACD is once again going to inch
1:12:23closer towards that center line. A lot of these pullbacks, a lot of these retracements, a lot of these consolidative events are allowing the MACD to get closer and closer on the weekly center line before eventually we could see it go through and cause an explosive momentum move in GameStop. So, we probably I would argue that we probably have two, three weeks before it would go through, barring some sort of event that happens over the weekend. But, yeah, we're in a great spot. And then a few of you guys were wondering about those weekly three white soldiers. If we want them to be three white soldiers, I would argue that this needs to close above 2475. So that's if we're looking for three white soldiers, that's what we kind of need to get to, folks, is about 2475. Okay. And then the last little uh tidbit of info on this conversation that we're kind of having uh on the macro, guys, I'm sure a few of you have uh have noticed, but look at the weekly volume. Hey, even on this beautiful push, including Ryan Cohen's purchases and everything that we've seen this week. Now, the weekly volume has eclipsed what we saw on earnings. Isn't it interesting, though, that these last three weeks, there hasn't been one weekly volume candle that has eclipsed this or this or this or this or this. Is Isn't that bizarre? I really don't think that we have seen [ __ ] yet. And now the the the final phase as we close uh this week and then the next three days next week uh the monthly the monthly is testing the hull which we know how important this is going to be to break through that right. We don't want to see it wick it. That would be super [ __ ] gay. We want to see the next candle [ __ ] rip through it. But regardless, the monthly candle close is going to be really important. We have managed to break the 50. We have managed to stay above the 200. And we have managed to hold above the center line at least so far of the monthly Ballinger band. So, it's a big moment, right? If we can get that close towards 20 uh uh closer to 24, if we can get that close closer to
1:14:5524, we are going to be in a really great position for then October's candle to open above the center line and then give us that potential push on the next month towards the upper side of this Ballinger band on the monthly at about $29. So, that's why I'm kind of saying like, yes, the the retracement is sucky and blah blah blah, but like all it's really done is brought us back into areas of health. Now, I want the weekly, the weekly candle, I want that to close a lot better than what it is right now. But, we just have to have a little bit of patience today to see where this last, you know, 4 and 1/2 hours can kind of take us. Okay. So, that's what we got. All right. That's what we got. Okay. And then as far as GameStop's order flow, uh it's certainly a lot more bearish than it was uh bullish. But again, uh what I would like to say about what we're seeing here is if we head over to uh Net Flow, we go to GME. And when we see GME here, if we look at some of these options, you guys. Okay, so the $30 put, this is a new trade, so somebody is buying puts, right? It looks like somebody bought puts, which okay, fine, no problem. A lot of what I see for the selling of the calls is either profit taking, which is what I think this is, or it's exceptionally shortdated garbage. This $18 call is for uh October next month. This $22.5 call expires today. This $22 call being sold expires next week. Uh this $25 call here sold is for the October. So like I'm looking at a lot of what we saw here this morning and a lot of this push down and I I just don't buy it. I I I I really don't buy it. And I I just I really don't think that GME is going to close down on these lows. I I really think that we are witnessing now you'll see this on SPY especially on Fridays. Um and you'll see this on stocks where sometimes um I'll say folks kind of get underwater. Often times on these Fridays you'll get like these either large swings down or these large swings up and then towards
1:17:23the second half of the day everything flips and it goes right back to where it was. And it kind of feels like that is what we may see with GME where there was some initial people trying to plummet price right at open and then we could see those very same people begin to cover some of those very shorterdated positions which then in the second half of the day begins to rise the price back to where it kind of initially dumped from. So it'll be really interesting to kind of just see uh where the rest of this day takes us. But uh I would say overall uh so far so good. All right. I'd say overall so far so good. So that's what I got for you guys. That's what I have for you guys here to uh that's what I have for you guys here to start with the GameStop discussion so far. All right, that's what I got. [sighs and gasps] So yeah, that's it. That's what I got for you guys here to start on uh on GME. So, uh what do you guys got to say? What are your thoughts and opinions so far? Oh man, look at this. Holy cow. Look at this. We've got a local legend, folks. We got Sky Daddy's boy. It's Lucid. And Lucid with the $20 bomb marino. Folks, look at this. Lucid says, "The greatest lesson this guy ever taught me was to learn to trade shares before trading options." Just popped in to say thank you. So, look at that, folks. We got Lucid in here with the $20 bomb. So, if you guys don't know, Lucid, right? He is one of the guys that made it, folks. He's one of the guys that put in the hard work, put in the time, put in the effort, and uh man, it really paid off for him. And now he like he yo he does his own thing. He's he's his own trader. He he runs his own trades. He makes his own thing. And that's you know that's the goal that all of you guys should ultimately strive for being in the discord is to gain enough knowledge so that you can kind of do this on your own right where you don't he never a lot of the people in the discord think
1:19:39they rely on me but they don't. A lot of them just rely on, you know, kind of like I'll say like it's like an emotional crutch, you know, it's like kind of like your dad holding your hand to to ride a bike, but once you sort of learn how to ride a bike, like, you know, you don't really need your dad to kind of push you off and, you know, like you're just doing your own thing now. And that's that's kind of what I hope for the majority of folks in the Discord. And Lucid is one of those guys. Lucid's one of those guys that uh that made it off, folks. And uh I also love that uh him and Sky Daddy bounce ideas off of each other and uh go through a bunch of different like charts and stuff. That's how you guys can, you know, like making having a trading buddy and a trading partner that you guys can uh you know like I'll use an example. I had a guy um back when I was first starting Nick Curry. He's he's still with us. He's just he's so busy all the time. But, uh, Nick Curry was my trading partner and every time I had a question about a stock or wanted to show him something, I'd shoot him a little message on X and I'd be like, "Hey, man. What do you think about this?" And I know him and, uh, him and Sky Daddy, Lucid and Sky Daddy really been uh, crushing it there together. So, that's awesome to hear, buddy, and good to hear from you. Good to hear from you. I tried on the basketball shoes the other day, and I they didn't fit. They they it suffocated my ankle and my feet started turning purple. So, that was uh that was good times. [laughter] All right, what else do we have in here? I saw that there was some other super chats earlier. We had Filbert with the two. What's up, Filbert? Still holding a GME. And there's Zack G with the blue rocket. Look at that. It's good to see you, Jack. And there's NFG Sciences. Look at that. [ __ ] everything and run. [laughter] Oh [ __ ] NFG Sciences. And there's Simba with the 5,000 sers Phelis Vieres Pira Vida. Only thing to
1:21:26fear is fear itself. Love that. That's awesome. Good to see you, buddy. Good to see you, Simba. And then there's White Samurai with the $10. Bomb Marino says, "As a memeto war veteran, I know no fun goes unpunished. The hedges just bought me three figures more GME off my 24 puts. How predictable can they get? hedged risk either lose hundreds or win lots. Nice job, man. I I really don't like day trading GME and I don't like I don't do puts very but I I get it and that's great that you made money and that's awesome. So that's that's what I'll say. I just don't I don't like day trading GME but I totally understand. I get it. Marcus, good to see you Marcus with the $2 bomb. What's up buddy? And then there's Can't wait to quit my 9to5 requesting that song. We do not fear them. They fear us by El Pupra by uh or whenever we start vibing. They We do not fear them. They fear. What's What song is that? Poop. If you remember what song that is, you'll have to tell me. And there's Geo Metro with the two. Look at that. Good to see you, Gio. I send $2 super chats on pullback days. Love it. Love that. Love that for you. [laughter] You son of a [ __ ] You sly son of a [ __ ] All right. Do we have uh is that like a 10 minute maybe? No. No. No. No. No. No. I don't really like this twominut. Is this this? I don't think it's connected. Is it? No, it's not. Okay, that's fine. Sweet. I can live with that for now. And then Yeah. No, that's good. Okay. And then who else do we have here? We had John Greenwick with the $10 bomb. Marino says, "Jackie, he's a shot of adrenaline most of the time, but also blood pressure medication at times like this. Thank you, kind sir." No, thank you. Thank you guys all for the super chats and the messages and the gifted memberships and everything. That's awesome. It's Jimmy Cracked. That's the song. Jimmy's cracked. Oh, yeah. I guess you're right. Hey. Yeah, that is the song. Yeah. Yeah. Yeah. Yeah. Yeah. All right. That's awesome. All right. What else do we got going on here? All right, let's
1:23:51see here. So, um I was going to talk about Link because Link had made a new high. Uh this was one of the four cryptos that I mentioned to you guys. Um I was just looking at my Coinbase account uh this morning and uh my link after so I had initially bought link on this harmonic completion and I've been holding it for a long time. And then a couple of weeks ago, Money Tings was talking about uh Bitcoin and his thought that it was going to break out and do all this stuff. So, um I didn't believe in Bitcoin making a breakout, but I did turn my attention to uh four different cryptos and specifically link uh actually broke uh broke even for me and it's now up 5%. So, the additional purchases on that golden cross uh ended up working out for me so far. And uh if you guys kind of followed along on the link idea, uh so far your link trade should be up like 10 20 maybe even 30% depending on where you jumped in. And then the other one that we spoke about was Adam. So Adam has uh this potential impending golden cross while it tests the daily 200 and this big upper trend line. So I hope that it doesn't reject and I hope that crypto gets a big push and pump. But uh that's what I'm looking for on Atom. And my Atom position is up from the test of this 50 like 30 something. What was it? Maybe it's not 30 something. What What is it? Hold on. Let me look. My Atom position is up. Oh, 14%. Okay. Yeah. So I I thought Okay. So yeah, with the fees, I guess it's right about there. So yeah, there you go. So that's my atom position so far. Um, and then my dot, my dot is currently sitting down 4%, but I also bought this one pretty high. I bought this one back up here on that macro 236 and then it didn't hold. And then I've been waiting, waiting, waiting. Didn't touch my account for a long time. And then back over here, I finally added more to it. And it's now down uh 4% or 3.98. That's what it shows on my thing right now. And then the newest one that I said
1:25:56to you guys, uh I don't know if that was this week or last week, but the newest one that I wanted to also add in there was 1 in. So 1 in is tradable on uh Coinbase. If you have Coinbase, this thing's trading at 10 cents. It has, I think, indicator signals at 25. And uh it's got a beautiful, beautiful, beautiful golden cross here. Beautiful golden cross. And it's back tested the golden cross as well when it happened. So now what I'm kind of looking for is a break of just this upper horizontal trend line. And if this thing breaks out, I mean, there's a there's a reasonable chance that this could have like a a useless styled move where this thing just goes [ __ ] straight vertical. There's there's a decent chance that you could see some [ __ ] fireworks on this thing. So 1 in dot, Adam, and link. Those are the four. And then I hold Bitcoin, but I bought Bitcoin. I think that was like two years ago at 50. Was it 56? [snorts] What's my thing say here? Uh 59. 59 is when I bought it. So that's what I have on my Bitcoin is at 59. So I have it right here, give or take. Oops, that Why did I push a V? So yeah, I have it right about there on that green line, give or take. So that's what I got for you guys in cryptoland. That's what I got for you guys in cryptoland. Um, spy, is there anything that I wanted to touch on on this? Is it still testing the daily 50 or we bounced off of that? Yeah. And then uh as far as spy is concerned guys look the daily indicator signal still firing and then the weekly one on spy and spy futures is also still building. This is week four now. Week four now of spy futures building that indicator signal. The last time we did this the indicator signal built for 14 weeks and we're currently at number four. So, we are building towards a really big move here, folks. The market is building towards a very big move. And whether or not that's going to happen, you know, immediately, uh, I would say no. I think that this is probably likely to build for probably four
1:28:21to eight more weeks. So, I think it's worth just making a mental note that if that indicator signal is going off on SPY and SPY futures and I think even the NASDAQ now, too. Yeah. If it's going off on every single [ __ ] macro like market here, you know what that says? It says don't make stupid aggressive long trades, right? I I know that I have said this for a couple of weeks, but I want to I want to just continue to um I want to just continue to make Actually, you know what? This is going to be a really important lesson for you guys. So, maybe um maybe I'll just take a pause here. uh heat up my bag and then um we'll have this conversation. But for those of you uh that are looking for um I'll say kind of like a more macroeconomic outlook about the markets uh and how to approach your trades. That's what I'm going to spend probably the next 15 minutes talking about. And we're going to talk about a couple of obscure uh tickers. One specifically called move. Uh another one called VXTLT. All right. So, there's going to be two obscure tickers that we talk about and then there we're going to kind of combine it all together uh with a little bit of uh political economic analysis and then just a little bit of like global uh geoeconomic analysis. All right, so let me I'm only going to do one song. Okay, I promise we're only going to do one song. Uh what one was I supposed to play again? I know it was Jimmy's Cracked, right? I think it was this one, right? I think it was this one. Or was it the other one? I can't. Oh [ __ ] I don't remember. I think it was this one. I'm pretty sure it's Jimmy's crack. I'm pretty sure. Everybody listen because [music] this is going to be really important and I think you guys are going to really like this. Look at the chart. Look at the volume. That's crack, dog. [music] [singing] [music] >> Now we're dive into [singing] the new stack. Time to earn and never look [music] back. Crack. We're going to stack some [singing] cash. Pocket full of dreams, [music] ready for the stash. Cracked. They never coming
1:30:49back. pounds [music] of popping shorts are trashed. >> So he's crack. >> I don't even smoke that [music] much crack. >> All right, folks. Well, welcome to the [ __ ] show. [music] We're going to stack some cash rolling behind Jackie's eyes. He's cracking, [music] never coming back. Just wait till the cat is back. >> And now we've got cat hype. The cat has [music] been a part of every single large scale move that we have seen on GM. Nobody has traded this better than the titty and the kitty. >> Your cheeks [music] are clacked. So buy the stock. It's white and black. Close [music] your foots or take a snack. Jamie's crack, but we won't crack. [music] Look at this chart. We have a legitimate opportunity [music] to not just change lives forever, but to send a message. [music] A message that the [ __ ] is going to come to an end. and we ain't putting up with it anymore. [music] So guys, do you understand guys? Look at this thing. This thing is [music] cracked out. This This thing is cracking. [music] We're cracked out. This is the most fun I've had trading a stock in history. [music] >> What do you think about that, bro? Bro, [ __ ] your cell wall. I'm going to gap over it, [ __ ] [music] pocket full of dreams. >> This is about a fight [music] >> against what is right [music] >> watching them cheat us day after day [music] after [ __ ] day. [music] >> This trade is not even closed. I'm about to inflict the level of pain these [music] hedge funds and these billionaires haven't seen in decades. So strap in kids [music] >> cuz it's about to be a bumpy [ __ ] ride and prepare to [ __ ] some [ __ ] up. [music] >> We do not fear them. They fear us. [music] >> Don't touch me when I say this ain't [ __ ] over. Not by a goddamn country mile. [music] Alrighty everybody. Alrighty everybody. Good to see you guys there in the chat box. So uh I try to fast forward the stream and it just keeps like uh buffering. So I can't even keep it live for myself. So, I don't know how you guys are, but if you are, you're
1:34:53legends, but mine is definitely not doing that. So, shout out YouTube today. [laughter] So, uh we're going to spend the next like 15 minutes or so kind of going over the macro and like macroeconomic. Uh well, let me just kind of start with the chart. Okay, let me let me kind of just start with the chart and uh we'll go from there. Okay, first what I would like you all to do, I would like you all to just type uh spyfall. Not because the spy is going to crash or be I'm it's just a funny play on words. So, if you could all just type spyfall into the chat box, so that way I know that you're watching this and that we can talk about some pretty important things that are beginning to develop uh across the market that are uh worth having a very important conversation for. All right, so number one, all right, number one, the first thing that we see here, all right, on SPY, specifically SPY futures on the weekly is the indicator signal building. Now, you don't have to have the indicator signal or anything like that to understand what this is telling us. This is telling us that there is impending volatility. Not that there is current volatility, but that there is an impending volatility or event that is going to transpire that is going to move the markets in a significant way. That volatility has shown up during the Trump presidency two times in the past already. The first one happened right as he took office and then we had the tariff crash of uh 2025 and the tariff crash of 2025 when the indicator signal turned off on that weekly high had then pushed us down 18 1.5% from when that indicator signal turned off. Following that, SPY found support on the weekly 200 period moving average and then rocket launched to a new all-time high. And then in the last few months of that year into the first couple of months of the next year, another indicator signal built. We saw another pretty sharp retracement on SPY following the uh Iran war. And SPY then pushed down an additional 7 12% before finding support, bouncing and making another new all-time high. This has been like clockwork. Spy on the weekly makes bearish divergence. Spy on the
1:37:18weekly makes bearish divergence. It has a retracement. It has a retracement. It finds support. It finds support. It rocket launches back. It rocket launches back. This it's like clockwork. And if we look on SPY, specifically on futures on the weekly right now, there are touches of bearish divergence that are currently forming on the chart as that indicator signal forms. It's like clockwork. Now, the reason that I'm bringing this to your guys's attention is not to tell you that the market is going to retrace next week. Lots of people, especially new people to the channel, have a difficult time understanding specifically what I say. And I'm not I never do that on purpose. It's because there are it requires more than just simplistic thoughts. You can't just listen to me open up the stream, right? And you can't just watch me say this conversation and then go, "Oh, Jackie is saying that the market's going to crash or turn over or to be short." No. The thing of this is, right, the reason that we're having this conversation is the two prior tops during the Trump presidency, we have seen multiple weeks or months of price action stall out and do nothing. We watched it back here where SPY basically sat in a 6% range for 4 months. We watched it back over here when SPY basically sat in a 6% range for the better part of 6 months. And now we're building that indicator. And I'm not saying that we're going to sit here for 6 months or four years or whatever, you know, whatever number you come up with in your head. The purpose of showing you this is so that you can understand the market is entering a moment where we could see it do something like this all the way till midterms and then maybe even beyond midterms. But the reason that I'm sharing this with you is not for you to go short. It's not to go short. Listen, if you want to short, that's your prerogative. If you want to use leverage short ETFs, that's your prerogative. If that's what you want to do, that's your thing. Okay, for me, I only like trading a handful of short tickers, specifically Tesla Q, and other than that, I'm really not a big short selling guy. When I first started in my
1:39:59career, it was something that I like hyperfocused on because I thought that I needed to be smarter than everybody, you know? I thought that I desperately needed to be smarter and call every top and blah blah blah blah blah. And that's that's the fastest way to fail as a trader. The purpose of showing you this is so that way when you turn on the streams and Jackie's like, "Okay guys, we're going to pull off the majority of my trades that I'm doing, right? I'm saying we're me and my multiple personalities because obviously none of this is financial advice. We're going to pull off the majority of my trades and we're going to sit heavy in cash or we're going to be in just a very few select number of stocks. The reason that we're going to be in a select number of stocks is because now the market is giving us signs. They are not necessarily warning signs, but they are signs, signals, and symptoms that we have seen before during this exact administration. And I'm not hating on them. I'm just I'm I'm just showing you the data here where during this exact administration, we've seen these exact technicals form before for several months where price action turns into rat [ __ ] Now, does that mean that every stock goes down? No. Does that mean that everything turns into a piece of [ __ ] No. But does it mean that a large variety of the trades that we can normally just look at, pull from a [ __ ] hat, and say long this, and then it goes up. Is that type of scenario? Is that type of situation here for us to take advantage of? No. No, it's not. I get the allure of perhaps one day, right, waking up and you're like, Jackie, there's all these stocks that are gapping up 5%, 10%, 15%. But you lack context. Those stocks that are gapping up 5, 10, 15% went down 5 10 15% last week. So, all they're doing is recovering the move. Now, if you're a day trader or a very micro swing trader, sure, there is opportunities for you to long those dips and push to the top and be happy. And if that's what you want to do, I encourage it because that's trading. But for me, right,
1:42:40for me and what I teach here and what I show you guys how to roll, I love the macro trades. I like the big ideas. I have always found that the biggest ideas, the one that have not necessarily the most extravagant price targets, but the ones that have the cleanest and clearest setups, right? I I'll I'm going to keep turning my attention to the to the Chewy one over here, right? When Chewy had the big deep butterfly with the big weekly RSI wedge and we said, "Man, that just looks like a pretty clear opportunity." And then it made a beautiful [ __ ] move right to our indicator signal. [snorts] Now, to most people, that's going to look like 40%. And to most of the normies, it's going to look like this on their charts. Haha, Jackie's getting excited about that. Yeah. Yes, I am excited about that because I bought there and then sold a bunch here when it got to the indicator signal wi-i which paid several hundred% on leap options and then a a couple of percentage points on stock. So yeah, of course I'm excited about that. You [ __ ] turd nugget. Now the problem is right when we look at these trades, they take time to develop and that time is scary, especially as the stock is bumbling and fumbling and stumbling around as we sort of wait for it to make that move. uh very similar to what we had with GME when we had the harmonic and then fumble bumble stumble grumble rumble dumble bumble from but we had the technicals and the chart and everything else that we were paying attention to we had reasons to do those bigger more macro trades you know and I we could do unity gush intel ex that's not the point I'm trying to make here the point I'm trying to make here is that when spy tells us to take our foot off of the accelerator I will always listen because the number one thing that I do on this channel and this show right here is I teach people how to buy reversals, how to how to identify those reversal trades, right? And one of the things that has a significant and massive impact on your guys's trades is taking trades that align with market conditions. When SPY
1:45:20is hot, most of the other trades are pretty hot. When IWM is hot, a lot of our small cap trades are great. When those things suck or they turn down or they don't go anywhere, that's when things kind of, oh, it's up 6% today, down 10% tomorrow, up 3% on Wednesday, and then 10% down on Thursday, and 15% on Friday. But we close the week break even. There is money to be made, but if you're not executing boom boom boom boom boom boom boom boom boom boom, you're going to get [ __ ] clippity clapped and I don't want you guys to get clapped. So the reason that I have these conversations about showing you the spy uh indicator signal on futures and talking about the weekly divergence, the pullback, the pullback, the dip by, the dip by, and the new high, the new high. The reason I talk about that is because we are doing something very similar right now. That very similar right now could still take four, six, eight weeks to unfold. It could take weeks for this to make its move. So rather than try and be aggressive to short it and try to get like too early and too soon, you know what's easier to do? Pull back your trades. Be less aggressive. Or if you want to be aggressive, be significantly more selective on the things that you're trading. Because right now on the weekly for SPY, there are large signals telling us something is going to transpire. And if we just look at the last two times that same indicator signal during this same Trump administration has fired, it led to 18% and 8% backwards. Why should we assume that this would do anything differently? And the exciting thing is is that if it does do something like this and then breaks down and then find support, it'll be another higher low and then it'll leave the indicator signal up here for us and then it'll be like, "Okay, sweet. Support long rip." And then if we time the bottom of this, we can time the bottom of this and this and this and this and this and this and this and this and this and this and this. because the spy will be showing us that we are now aligning ourselves with market conditions. Now, Jackie, why
1:48:08do you think that the market is going to have a retracement similar to what we saw in 2025 and 2020 uh 4? Sorry, 2025 and 2026. Guys, I said it before. There's an obscure ticker. Does anybody remember the name? Does anybody remember the name of that obscure ticker that I mentioned at the beginning there just before I turned on that one song? Do you guys remember the name of that obscure ticker? I've hidden it on the screen so you can't see it, but I'm curious if any of you guys can uh figure it out. I'm curious. Gay [ __ ] Yeah. Okay, that's a good one. Not quite, but close. Ah, there we go. The move ticker M O V M OV okay or move is the US bond market option volatility index. Okay, option volatility index on the bond market. Now, bonds are supposed to be a safe haven investment, right? Those are supposed to be the things that boomers invest into for simple and safe returns. You know what? Bonds should never have volatility. You know what? This measures volatility in the options market for the bonds. You know what should never be volatile? The options market for bonds. And you know what's having a gigachad move right now? You know what's having a gigachad move right now? Look at the weekly candle on the move bond volatility index. You're reading that correctly. That's 30%. The only other times, okay, during the Trump presidency, where we have seen uh the bond volatility index move like this. Okay. this here, this big rip that you guys see here on the bond volatility index from February until April of 2025. This is the tariff crash. This is when the tariff crash took place. Okay, look. Here's February 2nd on the bond volatility and here is the bottom in April. between those green lines is when the move index exploded right there. The next time that the index exploded is right here. When the index exploded here, it started at the end of January and completed at the end of March. Well, if we look the end of January to the end of March, once again, bond volatility market, the move right in between those green trend lines is where we saw the move index make a big ass explosion. Now, I don't have to play
1:51:59Captain Obvious, but I will. Y'all see what's happening, right? Y'all see that, right? That That's not just some weekly little [ __ ] candle. That's a 30% so far weekly candle that has broken the weekly 200, broken the weekly 50. And on the daily, it has a golden cross back over here. It had a golden cross when it retraced. Back over here, it had a golden cross when it retraced. This one happened and bounced off of it. that that isn't just concerning. That's scary because if that volatility index continues to rise like this, it tells us that there is probably a problem in the bond market. You want to know how I already know there's a problem in the bond market? Look at TLT. Now, what you're probably thinking is, Jackie, TLT is at a 52- week low. And you would be right, but you know what else it is? TLT, iShares 20-year Treasury bond ETF that has been around since 2002, hit all-time lows while the Move Index is exploding. Hold up. Wait a minute. Something ain't right. You guys should all be thinking about this conversation and not thinking market crash or that we're [ __ ] or that everything's about to go to [ __ ] You should be thinking, "Okay, Jackie is talking to us, telling us about this indicator signal that's building and talking about the volatility that's building and how SPY could probably stay rangebound headed into those midterm elections. And if that were the case, perhaps we would make another new all-time high that would then be another touch of weekly bearish divergence, which could then lead to a very similar scenario that we saw here in 2026 and here in 2025, that could then lead to that retracement that he's talking about. So rather than just brainlessly thinking that I should short because Jackie's talking about all of this bond volatility crap and saying that it might have a retracement, rather than immediately thinking short, I should be thinking patience to let that move develop into those touches of divergence and to allow that thing to show you that it's going to make that retracement over. And if it does, then you will have the cash and the time prepared to take advantage of the dip that will likely occur. That will give us an opportunity to
1:55:19buy stocks again and push them to new highs and make trades just like we were before. But the market conditions right now are not opening the door. Don't let the door punch you in the [ __ ] face. Your goal is to survive for as long as you can until that next bull market run commences. And the easiest way to do that is to show patience through these moments where the market is saying, "Listen, I'm not ready to be full scale bullish here." So rather than get aggressive short or long, it is then time to consider all of the trades that you make. And when you consider the trades that you're going to make, you got to say, "Listen, I'm only trading A to A+. That's all I want. Anything less than that, I will consider it a failed trade that I really shouldn't be taking." And that's it. That's why this channel right here, guys, we this this thing has been basically turned into the GME RS [ __ ] page, you know? Like we're the only guy that [ __ ] live streams GME the whole [ __ ] day and we talk about it all [ __ ] day. And the reason that we're talking about it all [ __ ] day is because we're making money and great trades on this thing. We now just have to have the patience to let the continued move of GameStop happen. And that continued move of GameStop happening is going to require little retracements that get those technicals back to areas of health that allow for bullish divergence that then leads to bip then push you back to new highs and then newer highs and then it allows those technicals to not even be like as blown out as they were before. And suddenly the strength of the stock is like a it's like Hulk dick [ __ ] strength. So, the whole conversation that I'm having with you guys here, I'm going to finish this with just being very upfront with you guys and very uh just like very candid here, right? The the simplistic conversation that I'm trying to have with you guys can be boiled down to this. Don't make silly decisions when the market is saying that now is not the time. I know that some of you are desperate
1:57:45to make money now because you need to make money now. And if that's the case, again, I I don't fault you and I like I don't think you're dumb for trying to make trades, but if that's the case, right, if you're a day or a swing trader, your trades now need to be hyperfocused, right? If you have a mechanical system, let the mechanical system tell you when to buy and sell. If you only like doing RSI wedges and bullish divergence, then that is all you should be focused on trading. Okay, for me, I have put the day trade stuff down. I I've put the majority of other trades down and I am just heavily focused on this thing right here. There's a couple of other things that I have like on the go, you know, AMC, Unity, COS, uh, hubs. There's a couple of things that we have on the go. But this right here, this moment where the spy is going to get into this wishy-washy territory, it is not the moment for you to be aggressive. It is the time for you to start thinking about when I make a trade and I think it's going to follow through. Get that out of your head. If you make a trade and it goes up 20% on your contracts, take it. If you make a trade and it goes up 10% on your options, take it. If you make a trade and it goes up 30% the very next day, take it. Never be afraid in this moment right here, never be afraid of taking profits. Nobody went broke taking them. Okay? GME for myself is different. I pos I I established a position with stock. I didn't buy options. I bought stock. I bought stock down here and now it's up here. So my level of conviction, my level of belief, my level of excitement and my level of just uh general like [ __ ] you ism stems from the fact that I bought it at 18, right? So it's it's it's [ __ ] what uh four five dollars above where I bought it. So for me, my level of conviction and belief stems from the fact that I bought it so much cheaper and I believe that it can keep going. Not because I have hope, but because the technicals
2:00:05of the chart continue to look great. That's all I care about. That's the kind of emotional stability that you guys want to strive for on any of these trades that you make. It doesn't matter if it's a Unity spread. It doesn't matter if it's an AMC long. It doesn't matter if it's an eBay long. It doesn't matter if it's a HubS long. Doesn't matter if it's a Tesla short. It doesn't matter. [snorts] every single one of your trades, you should be putting yourselves in a position where you already look at that trade and you say, "Listen, that's an RSI wedge at support with bullish divergence." That is either going to [ __ ] go or I'm going to lose 5%. That's it. You don't want these trades where you're opening is like, well, it's sort of a harmonic and it's kind of at support and there's like a goofy RSI wedge. No, that's mid mid mid mid mid. That's not what we want in these conditions. In other conditions when the market is just up only bull market [ __ ] bye bye bye. Okay, that's different. Then mid is okay. In the conditions that we have and that we're going through right now, right? Your focus shouldn't be on the mid. Your focus should be on those A+ setups. Right? An example of an A+ setup. Um let me try and think of one this week. Unity had that hourly RSI wedge. Right? So, remember early, I think it was at the end of last week and beginning of this week, I think it was right here, we had an hourly RSI wedge. And I think if I remember correctly, I want to say that this was divergent. I I I could be wrong about this, but I know that there was an hourly RSI wedge that we were looking at here, right? Uh it wasn't uh bullishly d Yeah, it wasn't really bullishly. I think maybe it was a 30 minute that we saw. Yeah. So, okay. It was the 15 minute. The 15-minute had a failure swing. That's what it was. So, it was a 15-minute failure swing with the hourly RSI wedge and we had that little indicator signal that was sitting there and we said, "Listen, there's an hourly RSI wedge and the stock is trading right at macro support."
2:02:11We've seen the stock bounce off of here, here, here, and here. So, we know that that was a pretty good area, pretty clear trade. And then if we look at the MACD, that's not the MACD. The MACD was then also crossing below center as that very same moment was happening. And then we caught this little uh this little swing here, you know, and that was nice. That was a really clean, good setup, right? I would argue that is probably like a a to a minus setup. And those are the kinds of setups that you should be looking at versus I'll say um let me pick one that's been mediocre. Um let's see here. Let's let's do cost just from this morning. So uh cost from this morning, right? Cost from this morning when it started on its uh its little push up. If we drop to the 30 minute here, we had some bearish divergence that was forming at these highs. Now that that bearish divergence has formed and led to a push back, there's something that we can look at here on cost on the hourly right here. This is a trend line that we have been seeing on cost hold on this hourly here here and now it's here again right so if we look on the hourly on cause technically from this low to that low that's hidden bullish divergence like a pretty significant touch if that manages to build support and push off of that now that's not an A+ setup up that that's that's a trend line that we drew on the RSI that might have hidden divergence. But okay, what else? There's no, you know, Fibonacci that we have. There's no big macro support like we, you know, don't get me wrong, could cost make the move off of that trend line. You know, matter of fact, I think it probably will. But my point stands is that that isn't a type of setup that we're looking at. and we're saying, "Oh man, that looks amazing." Is that really worth throwing your money into on a kind of h, you know, like, "Yeah, yeah, the chart's cool and but is it kind is you know, we want to trade those best setups, you know, that's what we're looking for. Okay. So, that's uh that's the conversation about the uh
2:04:41the stock market and aligning your trades with the market conditions. And uh the point I'm really trying to get after again is that these market conditions just do not um they do not suggest that we should be aggressive. They suggest that any trade that we make, we should be thinking about taking profits quickly and we should be thinking about the clearest and cleanest setups available. I do wonder if there's a one minute RSI wedge here. I think there is. Yeah, I would say that. I think there is. I don't know necessarily how I want to draw this trend line. Uh, I guess probably like that. Hey, no. Uh, [snorts] I don't I don't I don't really like I don't really like the lower trend line. So, maybe we'll just keep the upper one. And that's we'll just live with that for now. So, I'll keep that upper trend line. We'll keep a little watch on that. There we go. [sighs] Sweet. And then GME just uh riding along its little micro 236 at 2356. So just riding along it there. Rom cowboy. All right. And then uh was there some news? Is that what was pumping spy there? Um I'm assuming some Iran war stuff. Uh Bill Gates don't care. Am I missing something? Where's the Am I not sorted by new? What's Why is everything from an hour ago? I am on recent. Okay. Is was there news or is there someone talking or what happened there? By the way, good to see the chat. The chat is uh very slow this morning. The chat is very slow this morning, but it's good to see you guys. It's good to see you guys. Turtle, good to see you, buddy. Good to see you, buddy. Thank you very much. Good to see you. Then there's This is a fine day and made you look stupid. Brody Kiwi, what is a first hour or two today, though? I was starting to wonder if news was going to follow. Well, I I really think that the first hour was just short sellers being petrified. They were so scared that they pushed us outside of the hourly Ballinger bands, which is criminal. That's actually so cracked. Still held the center line of the 4 hour, though, which is nice. The 30 minute, we cracked outside of those, too.
2:07:21Man, that's crazy that they pushed us outside of the hourly Ballinger bands. That's crazy. [clears throat] If we can get that lower Ballinger band to turn over the next couple of hours, that Ballinger band bulge would stop on the hourly and then that would bode pretty well for us. Let's see what you guys are saying in the chat. Okay, so I definitely did miss some super chats from earlier. So, let me just go back here. Uh, let's see here. We had Pentax or Yeah, Pentaxis. What does he say? Pentaxis with the $10 bomb says, "Thanks, Jackie, son. Locked in some profits on GME and now we wait." I love that, buddy. Love that. And White Samurai says, "Uh, with the 10, would you take a look at that write up I sent you yesterday? Would like your opinions on the data output based on predictions versus the eventual ter." Uh, I will take a look at it on the weekend. we've got that uh thing to do tonight, me and Sky Daddy with the uh the lesson that we're doing for you guys in there and then uh I can take a look at it on the weekend. So, yes, I will definitely do that and I'll I'll get back to you on the uh I'll get back to you on the DM there on uh on Discord. And then what else do we have here? We had Barbous Relic with the $10 Bamarino. He says, "I got a tinfoil request. Would you mind charting the spread between the Japanese 10-year and the US 10ear? Second to that, could you check to see if there is any correlation with GME? There isn't a correlation with GME, at least as far as I'm aware. I've looked at them before and I see absolutely nothing. I'm sure that they're connected in some way, but the charts show absolutely nothing as far as a connection. And the Japanese yen or excuse me, the Japanese 10-year yield is exploding because the Japanese economy is currently under a well, not a little bit of pressure, a lot of pressure because their inflation rate is continuing to rise and uh the yen continues to just dump into oblivion. So, it did have a little 1% tick up here today, but the yen continues to basically just dump into oblivion. And as
2:09:32this continues to dump into oblivion, the reason that you're seeing the 10-year yield rise is because, well, the market just simply doesn't believe in Japan's ability to pay back its debt. Not only is it now kind of sniffing out Japan's uh inability to pay back its debt, but the market is also sniffing out the fact, right, that the Japanese are the largest holder of US bonds and treasuries. If the Japanese need to pump their currency, right, or intervene in the forex market to help pump their currency, well, what they would probably do is they would probably have to sell, right, US bonds and treasuries. Now, we have already seen, at least in my opinion to some degree, uh, these bonds and treasuries being sold off. That's why we're seeing TLT reach these record lows. And now we're seeing the Japanese yen make a you know at least over let's say the last three or so months we have seen it make uh some sort of little bounce which is great. Not really but uh I I just ultimately think a lot of what you're seeing with the yields I I really would not put it in with GameStop. It's not that it's not connected. I'm sure that it is. But that [ __ ] is going to be so far beyond our pay grade that I I would never be able to formulate enough of an intelligent opinion where I would feel confident about what I told you, you know? So I I just ultimately what I what I really think is that like these yields are just continuing to climb because of the economic conditions that are currently being uh sort of transpiring between Japan and the US and the very integral relationship that those two countries have. again because uh Japan is the largest owner of the US bonds and treasuries and then with the Japanese yen just continuing to plummet into the ground and their currency just weakening and weakening and weakening, they want to try and stop that. And if they have no money, right, if they can't just turn the money printer on to make that happen, well, one of the easiest ways to get cash is to sell all of the US bonds and treasuries that you have in order to raise cash to buy your own currency. So
2:11:50that's a lot of what we I think a lot of what we have happening with um Japan and the yen and the carry trade and GameStop and its connection with that and people's speculation with regards to the cat. I think a lot of that isn't as um I think a lot of that isn't nearly as complex as we want to make it out to be. I I really truly think it is simple as the short sellers back during COVID, right, when they took out record amounts of US cash because they were getting it at record rates, right? They then turned over, went over to the Japanese, they exchanged it for the yen, which then they invested into quote equities. That was what we were always told. Now whether or not they actually invested it into equities, that could be a different story. But what I actually think we saw happen is that these guys ended up using this cash that they borrowed for this yen carry stuff, right? To to I'll say invested into equities. I don't think that's what they did. What I actually think that they did is they actually shorted a bunch of these companies during COVID because they knew that it was essentially free money, right? I mean, they could pick on movie theater companies because nobody can go to the movie theaters during CO, right? They they can pick on, you know, brickandmortar retail stores because nobody can go there during CO. And then if those businesses don't find a way to rebound following CO and once we escape out of CO, well, then those businesses are going to go bankrupt and our short positions can go all the way to the moon. we never have to pay them back. And then we can just pay off the the the yen that we borrowed and boom, we've just made record amounts of profits. Right now, imagine a scenario. Imagine a [clears throat] scenario where these guys borrowed a shitload of yen, right? turned it into investments into equities, which those investments into equities actually ended up being shorts on companies like GameStop and AMC and Bed Bath and Beyond and COS and I'm trying to think of other ones, Blackberry and uh all these Nokia, etc., etc. right now. Imagine imagine those short sellers are still holding on to those
2:14:22positions because they were ultimately betting on bankruptcy and a few of those companies ultimately never went bankrupt. In fact, a few of those companies are actually thriving now in Nokia and GameStop. Now, in those cases, imagine that you borrowed all of that money, right? When the interest rates and everything was really [ __ ] low. And now imagine that the Japanese no longer have 0% interest rates, but matter of fact, it's actually a positive interest rate. Now imagine having to hold that position and pay for it week after week, month after month, year after year. Probably gets expensive. Okay. And then when the Japanese yen and the carry trade starts splitting further and further and further and further and further apart, well, suddenly the ability to pay back that trade becomes exponentially more difficult. And I really think what the cat was trying to highlight to us with this is I really think he was just trying to highlight the simplicity of the fact of these guys used co and they borrowed all of this quote unquote free money and they tried to take advantage of the free money that they got and they tried to take advantage of it in the sense of shorting these companies that they thought for certain would go bankrupt or die into a pit of oblivion. And rest in peace to a lot of them that did. There's a lot of those businesses that we don't hear about anymore today that definitely did go underwater. But there is also a few of them and more so one specifically that nearly broke the stock market. That was one of the most heavily bet against companies on Wall Street. And that company now today is not even remotely bankruptcy is not in the vocabulary of that business. Matter of fact, billions are actually in the words of that business. I would imagine that the people that shorted GameStop 200 and some odd percent using that yen carry trade as the crux of their initial I'll say short position. I would imagine that the pied piper is coming for those positions and I would imagine that he is coming soon because as that yen right as the interest rates continue to increase in Japan and as we cons continue to see more economic turmoil from the Japanese and from the US, things
2:17:07really could start popping off a little bit more aggressively and perhaps perhaps some of these little meme stocks could start to cause another wave in the market once again due to the fact that some of these positions have never been closed and are now starting to cause significant holes in the wallets of those that thought that there was no way that they wouldn't go bankrupt. So yeah, I don't even remember how we got into that conversation, but it's good to see everybody in the chat. Bill Jeet with the five says, "We dropped into the golden uh golden pocket this AM from May 2026 and this recent bottom now bounced off of the golden cross." So, I am not worried. No, I'm not worried either. We're at a micro 236 and a macro 382 and we have support and the stock is good and hopefully that 2minut RSI wedge gives us a little bit more than that. But uh yeah, you know what this is starting to remind me of just of like all the other huge pushes down that we've had along this run. So let me just kind of show you what I mean. So I'm just I'm just going to pull a whole bunch of these. So just bear with me for a second. So, we'll show this one and then I'll show you guys this one. And then I'll show this one. Good. And then we'll show this one. Good. Oh, okay. Sweet. >> [snorts] >> All right, let's see what else I got here. Um, and then I think there was one other one. Yeah, this one right here. This is the one I wanted to show. So, GME looks closest to this if I'm being honest. And I remember how everyone felt this day because this was also a pretty aggressive pullback, 3% after we had only run up I think at this time it was like 7% worth of a move so far. Maybe a little Maybe a little bit mo lower. Oh, okay. Well, shut up, Jackie. Okay, let's pull this. I So, I just wanted to show you guys this. Not cuz I like doing fractals and stuff, but I did want to show you guys this. So, I have a whole bunch of different little patterns here, and I'm going to show you this. I really
2:19:38feel like GameStop is just doing that same thing where it has these really big aggressive moves, right? And it's done this within this uptrend. And uh yeah, it just kind of looks or feels like to me like we're getting something that looks eerily similar to these same like really aggressive pullbacks that we've seen. Again, I it's not necessarily that they follow one to one. It's that when we look at this, right, we see the push to the top side. We see the hesitation, the kind of double top, and then the hard pull back. Very similar to right here. That hard pullback takes you back to macro support where the stock builds support and builds support and then wicks a little bit below it but holds and then holds and then holds and then holds and then pushes off of it. And what's really interesting, especially right here, is that we have a very similar line of support right here with this macro 236 and macro 32. Very similar. and that you could see the consolidation that we've talked about that builds bullish divergence on a 30 or 15 or hourly time frame that then ultimately leads to the reversal that picks us back up. You know, like we I have just been watching this on GME for what feels like too long and it just feels like we're continuing to kind of do these very similar patterns, these very similar structures. And uh yeah, I don't know. I I just don't really feel like this is all that scary. And I think with just a little bit more patience and a little bit more time, hey, who knows? Listen, the market is making a a really decent recovery here so far. And if we could get IWM to keep following suit with that uh with that move, uh we could really see GameStop kind of follow in its footsteps there and make a big move. And don't forget, we still have that IWM long uh that has the bullish divergence and the RSI wedge now. So, it has a bullishly divergent touch here with the RSI wedge. So, it might have to go to the daily 200 maybe, but I am long on IWM calls with a 285 strike and I have them expiring for January. So, I'm long on this for a bounce out
2:21:43of that RSI wedge and whether it goes to the daily 200, I'm fine holding through a little bit of red. But, uh, I am looking for this to bounce and hopefully bring GameStop with it. But, the structures and the repeating of patterns and all of this crap, it just looks so similar to me. And uh yeah, that's just sort of how I feel. Word uh word to yo Jackie. Thanks, Simba. Good to see you. Aggravated trade says Faz is starting to get spooky. I mean, all all I would say here is it's just another lower high, right? I mean, you've kind of seen this thing do this before. Another lower high, right? Now, it's kind of trying to do it again. I I don't necessarily know that I would say it's getting spooky. It's definitely making a reasonable move. I'll definitely give you that. Um, but I I don't know that I would necessarily say, man, that bullish divergence was sure nice, though, wasn't it? Holy [ __ ] That was pretty nice. That that actually worked out unbelievably well on that divergence there. So, that's kind of interesting. So, I I wouldn't necessarily call it spooky. Not yet. It does have an indicator signal, though, by the way. If you if you're trading this aggravated, it does have an indicator signal at 4150. So you could probably aim there if you are making a long trade on this. So I like the RSI though. The RSI is pretty cool. I like it in the bull zone. And I really like that the ADX DMI is making hot coffee with the DMI positive up. That's really really nice. So I definitely like that for you as well on that's the financial bear. So that's the uh banking ETF short. So why don't we check in on the banking sector XLF. Uh XLF definitely had those weekly touches of divergence that or the daily touches of divergence, excuse me, that did ultimately end up leading to a retracement. Uh by the way, just so you're aware, uh this also has an indicator signal lower at four uh 53. So you're banking short actually looks good. I think you might be on to something there, sir. Just be cautious. There's kind of like a RSI wedge on the daily. Uh, you're probably going to get down to
2:23:5353. Wow. I You might have something there. That's kind of interesting. You might have something there. Aggravated. That's a cool one. Uh, Navy Dean, thoughts on SPY KST and also potential weekly rounding formation on Oracle with RSI divergence. Also, the wizard profile just another login. Is that true, chat? Is that true that the wizard had another login? Is that true? So, spy monthly KST, that's a big time frame. That's a big laggy time frame. It's a really big laggy time frame. So, yes, it is attempting to cross. But you know what I would say here is I would say what did it look like here, here, here, here, and here. That's what I would say. I would look at every single vertical line that I just put on there and I would say, what did the KST do when the monthly crossed here? So, when the monthly crossed here, this looks like it was uh the bare market that pushed towards the bottom of it. So, that was a good one. And then this one had one monthly candle backwards of 9%. So that was okay. This one took several more months before it ended up making a retracement and then a new all-time high. So that one is probably mediocre. This one didn't work at all. This one called the top of 2008 basically, but then there was this one here that faked the top of 2008 and then ripped right in your face. So what I would say about the KST on the monthly is it's a big big big laggy indicator. And I I it would be scary to short something using that monthly indicator. It would be really scary. Okay? So, I'm not trying to discourage the idea, but I would just say it's a big laggy indicator because of the time frame. So, just be a little cautious in that regard. All right. Um, and then you said Oracle RSI divergence. And I think he said on the weekly, right? Oh, I Oh, from here to Okay, I could be. Yeah, but Oracle is also very dangerously close to having a weekly death cross. And I'm sure if I head to the daily, you're probably below both moving averages. Yeah. And you have a death cross while you've currently tested the 200 couple times and failed both tests. There's kind
2:26:35of like a daily RSI wedge. It's a little goofy, but it's it's okay. I would probably draw that. And then you're resting on what looks to be the macro 236 as well. So, um, the rounding formation is going to take a while to still play out, I would imagine. You have dividend distribution coming up on Friday in two weeks. So that's still a little while. I like the 236, but I think it's I think you're probably more likely with your idea there of waiting for that double bottom rounding top sort of idea at 116 117 somewhere in there. So yeah, that's what I would say on that one. And then what is the chat saying about this wizard thing? The word on the street. That's the word on the street. That's the buzz in the GME room. Let's go check the buzz in the GME room. Let's go check the buzz buzz. What's the buzz in the GME room? My god. Let's check the buzz buzz in the GME room. What's the buzz buzz? I'm looking. I'm looking. I'm looking. I'm looking. I'm looking. You guys are all posting charts. You're not allowed to post charts. You guys know this. You can't just be talking common sense in charts. Should be wizard posts. Obviously. Why did you guys highlight the posts? Oh, he did log in again. Yep, I do see that. So, he definitely did log in again. That much I can say for sure. So, there's the login right there. 9:25 2026. Why did you highlight Oh. Oh, you were just circling it. You weren't highlighting it. Okay. Yeah. So, he did come back. The wizard guy there on that account. So there you go. Interesting. Cool. What's up Discord? What's up guys? Good to see you guys in the Discord there. Look, everybody say hi. Everybody say hi to everybody. Hello everyone. Look, Ben even said hi. Oh no. Stony said hi YouTube. Stony said hi YouTube. And there's Bark and Wizard. Bye-bye. And Randy and Pentaxis. And there's more. And Cyber Bro Moomu. And there's coach and elevated and pacific and patient and prog scientific JG Zoey Mort Cubix IMO Bacon Le Thor Trust Process Jason. Look at all Icy and Give Treaty and Jorge and The Off. And look at all the people in here folks. Look at there's Kirby.
2:29:14We got Kirby fired in there. We got a sweet new Kirby meme. Oh yeah, this one's legendary. This one's legendary. Look at that. Look at that, folks. Look at that. Look at that Kirby right there. It's Leno Kirby. There you go. Look at that. And then because we showed the tits gang, we made the price go up. It's This is just science, folks. This is just science. It's science. I don't make the rules. Let's check in on the order flow. We haven't uh checked in on that for GME in a little bit here. So, let's take a peek. So, the net flow is negative 3.2 million. So that's something. [snorts] [laughter] So there you go. Negative3.2 million. So what was yesterday? Net premium 3.1. So basically equal to what we saw yesterday. Interesting. And then Tits Gang made GME go up. So there you go. It's just science. I don't make the rules. It's just science. I swear this feels exactly identical to that other swing. It It feels identical to this [ __ ] It feels almost identical. I wish there was an indicator signal in that moment in time. That would have been hilarious. Oh, there you go. We made a garlic here. I remember that. We I don't think we have anything harmonic up here. I'm pretty sure. I looked. Uh yeah. No, there's nothing. No, not yet. See if GME can make this breakout here, folks. We still do have Maybe this is a three minute. We could probably draw it like this. Uh, what about the five? What does the five look like? Five minute. Five minute. Okay, we could draw the one minute. I think I'd probably I think I probably live with this. Sure. Now we just got to see if we can break that. And then we are building a one minute indicator signal. So see if that can give us a breakout. Then who else did we have in here? We had Liu says, "When is back at support with a 4hour RSI wedge and bullish divergence." All right, let's check out when 4hour back at support. Yes, you are right about that. Back at support. Yep, it filled a majority of that gap. Not the whole thing yet. has bullish divergence and an RSI wedge. You're right. So, is this a A+ B? What What
2:31:51would you grade this trade? I like the support. I don't like that it hasn't filled the gap. Um I like the four I'm You're kind of talking me into this. No, you're not. But I do think it's cool. I do think the MACD divergence paired with the RSI divergence is great. It might need one more lower touch though. It might need one more lower touch. So, be patient with it. I would say for right now, that's that's what I think about Wendy's right now. I think it could make one more touch and then maybe that'll be your better trade. Maybe the gap fill is the better trade. So, we'll see there on uh on Wendy's. Okay. But yes, Wendy's, that's you're you're totally right about this. I just think the MACD uh I think it's saying it's got to make it's one more time. I got one more in me, you know. I think I think you could see it do something like this. One more, you know, and then make that one more touch of divergence and then get that breakout. So that's what I'd say there on Wendy's. All right, Liv and Piermo. Piermo, what does Piermo say with the 12PB bomb says? What do you think about the TTWO daily RSI wedge daily bullish divergence and potential hidden divergence on the monthly take two? Well, I like the trade. I'm disappointed that it's pushed as low as it has, but it could be making a potential third touch of bullish divergence. I think we have this on the daily, right? Yeah, could make a potential touch of bullish divergence on the daily. like you said with that RSI wedge. I think the 4 hour actually looks kind of nicer there for the bullish divergence. Um, I like the harmonic completion. I like that it's at this support. I am really disappointed that it hit that harmonic and then just never really gave us a lot of motion in the ocean, but I do think it looks interesting for sure. And again, with GTA 6 release coming soon, I'm I'm hoping that's not like a sell the news kind of thing. But it did leave that indicator signal at 233. And the lower this goes, uh, the more I'm kind of enticed to make another trade on this thing, uh, back on these
2:33:58lows here. Personally, I think waiting for those lows is probably the best bet cuz you've seen it bounce off of there a couple of times before. And you could probably make the argument that this may turn into a big rounding top or maybe uh, this harmonic could be a bat. Maybe. Yeah, this could turn out to be a bat. Oh, yeah. Oh, I didn't even notice that until right now. Okay, so there you go, Piermo. So, there could be a big harmonic bat that completes at about 196 on take two. So, maybe uh I'm going to have to add to this position or or maybe roll it over to a little bit longer or something. But this is pretty interesting here. I like this bullish bat at macro support. I always like harmonics at support. And if there's an RSI wedge in there, it becomes infinitely more attractive. So, I' I'd definitely give you that one, sir. I'd definitely say that's a lot more attractive now than it was before. But we're gonna have to have a little bit more patience. And then GameStop 2370, folks. So, we're making our way up town. Fill the indicator signal left on the one minute. And now we're looking to push up. Skip skip. I need you to pump now. So then I would get a bunch of calls and they go up and then my account would go to the moon. Oh, cuz you know I need the extended hours fill of the indicator signal at 2475. It's looking good though. It is looking good. I'd love to see the people that sold all that [ __ ] short earlier this morning. I'd love to see them start to cover in the next little half of the day and uh watch that [ __ ] start to pump and then watch the premium start to roll back towards zero. And then we had uh Only Dads with the $20 bombarino. Only Dads with the $20 bombino says, "Thanks. We did it, chat. We did it. Thanks. What a legend. Thanks, Only Dads. Thanks, buddy. And then we had with the $2 bomb says, "There's a two-minute bat, I think, on GME. I added you in the Discord." Two-minute bat. Two-minute bat. Two-minute bat. What the [ __ ] Now you're going to make me look up your
2:36:40username, which is different than it used to be. Okay, I'm looking. I clicked it. I'm looking. It's But couldn't that be a crab though, Schmemelly? Couldn't Couldn't that technically be a crab? How did you You draw from here, I think. Couldn't this just be a crab? Cuz that's bat, right? Isn't this a crab now? Right. Or isn't this a crab? Or technically it's an all bat, I guess. And then couldn't you also make this a a crab? And then haven't all of those completed. You know what I'm saying? Don't Don't try and manipulate the drawings to make it work. Right? If it's not there, it's not there. And I I would just say that this isn't here. Right? If I was going to pull a harmonic, I would start here to here to here. And then that number is dog [ __ ] So I would just say it's not harmonic and that's it. You don't have to like and I'm not saying that you are but you don't have to force it to make it work. If it's not there it's not there. It's okay. You know we're just now looking at like you know we'll say different time frames for different kind of clues. So for example the hourly escape the Ballinger bands. We know that price likes to revert to the mean and the mean is the center line there on the hourly at 2430. So that's positive right? Then if we drop to say the 30-inut. If we look at the 30-minute, we're bouncing off of the bare zone. That's a really positive thing. We head over to the 15minute, right? We have the 15-minute escaping the ball underbounds, bouncing off of the 200 MA on the 15-minute. And now we're looking for it to not only break the EMA, but to also have a 15minute MACD cross below center. If we have a 15minute MACD cross below center, smelly, check this out. Okay, so if I mark this and let's just say that it happens here. Okay. So, we have this one. And again, I'm just only using the ones from this run. This one, this one, and I think that's the I think that's the beginning of our run. So, that's where I'm So, we've only had one, two, three MACD crosses on the hourly below center since the
2:38:48start of this run, right? And each of those MACD crosses, if I show you here, okay, each of those MACD crosses, we had this one here that produced a 16% swing. Then we had this one here that produced a 19% swing. And now we have the potential. Now, it's still early, right? It's too uh I'll say it's a little bit too early to say for right now, but we have the potential of a MACD cross below the center right here once again. And if we could get that potential cross as we consolidate at support, I mean, let's just use the exact data that we just used, right? The the macro data suggests that each of these individual hourly crosses is worth about 18%. So, does 18% take us to any of the targets that we have above? Let me tell you something. If it comes even remotely close to here, I would argue that that's a big layer of technical confluence. And watch this. Oo. Ah, the claw. [laughter] So that that's where I would put my focus on. All right. ignore that that harmonic, right? Ignore that harmonic and then just kind of focus more so on the little technicals here, right? So, what we could see, right, we're looking at the 15minute. What we could see is perhaps GameStop rejects here, right? pushes back down, goes towards that gap fill. And then from this low to this low and this low to this low on the RSI would be a touch of bullish divergence. Not only would it be a touch of bullish divergence on the 15-minute, but it could also be a failure swing. Then all of a sudden you've got a 15minute failure swing while you have that hourly MACD cross which has produced two other 18% moves on the chart. Now all of a sudden you got the cogs turning. Right? So this is why I say to you guys patience is going to be key for the rest of today and even going into next week as we allow some of these technicals to do their thing, right? consolidate, build out these these moments so that we can take advantage of them in the future. That hourly MACD cross is a big deal. If that hourly MACD crosses below the center, we could have uh or excuse me, I
2:41:20keep saying hourly. I I mean 15minute. That's my apologies. the if we get that 15minute MACD cross below center we could really see that significant pop in price and again push us back towards the g the technical gap that was created the uh 25 24 resistance the macro.5 and then we could start talking about a potential more macro breakout but we just have to get there first. All righty. And then Danny Guitar Danny says, "Have we discussed the potential fair swing on the open daily chart?" No, cuz I'm I'm not trading open, so I haven't really been paying any attention to it whatsoever. So, yes, open does have the potential for a failure swing. For sure. For sure. From this low to this low, draw your little trend line. Bingo. There we go. Bingo. Bango. So yes, it certainly could. And then you could also draw this trend line if you wanted guitar cuz that's pretty clear. And then if you break that trend line following that failure swing, maybe that's your confirmation of the breakout and ahead for a test of center. And then are there any indicator signals that got left on this thing when it pushed down? No. No. Yes. 357. That'd be sweet. That'd be real sweet. That's a big trade, too. All right. Well, we'll keep open on the watch list, but yes, that definitely could be a failure swing there on the daily. And then you have that indicator signal on the 15 minute at 357. Are you at support? uh kind of in the middle of it. I would almost feel more comfortable waiting for 235 first. That would probably be the safer bet, but regardless, yeah, I like the idea. I re I I'm never just a fan of like one touch of divergence, but obviously failure swings are kind of a different story, especially when you have that upper trend line like this one does. That trend line is very nice. So I I'm actually that's you're creeping towards a territory on that trade. You're you're creeping towards a territory for that trade. If that low confirms and it confirms the failure swing, I think that would probably turn it into an A trade. All right. Uh I am about to piss my pants. So I have to play a song for you guys. And uh
2:43:59I'll be right back. Bat Joe, I see your thing there. So I'm going to come back to that. But I'm about to piss my pants. So give me a second. or Tits Gang. That's a good [music] question. Jesus. Um, wow. I think technically no. [music] What the hell, Eric Andy? What the hell? Spacuit. What the hell? Man bear pig. The hell 50 and Stony. [music] >> All right. El Pupacabra thinks that if he harasses me enough times, I'll play his song. [music] Jack is leading shots [music] making hedges ble. We got tips from everywhere. [music] Going to make your ass a million where the tips going to show you how to trade. Turn your pennies into [music] gold someday. Yeah, the tit. It's a point of pride. [music] Retail traders, let's be the spy. Ask yourself, am I here for money or am I here to learn and [music] educate myself about the market? If you're interested in actually changing your life and actually learning about the market, join the tit because [music] it is [ __ ] boring to do it alone and it sucks. [music] Too many people don't understand the stock market. The only thing I care about now is fixing what's broken and helping people [music] build themselves back. We're looking left. Tra cool coll [music] going to show you how to trade. Turn your face into gold someday. Yeah, the t [music] it's a point of pride. retail friends. >> I give a [ __ ] about my [ __ ] community. I care [music] about these people. I care about every single [ __ ] person in my [ __ ] Discord. [music] Every person that is invested in these stocks, I give a [ __ ] about. [music] And I'm here to tell you that I'm not going anywhere. And I could have chosen to pack up all [music] of my [ __ ] money and just walk away from it because I'm happy as it is. But that's not and never has what this has [music] been about. Enough is enough. Don't [music] lock it in. We don't do formal chat with [music] a t show you how to trade. Turn your pennies [music] into gold someday. Retail [music] load up. >> Guys, you want to fight back? Tell everyone [music] you know. >> TG represent. End
2:47:28up winning with risk management. [music] Set your stops. Don't get profit back. Lock it in. We don't th [music] Yeah, the tit. It's a point of pride. Retail [music] traders, let's be the spy. >> Spy, come on. [music] You [ __ ] dirty dog. >> Come on, you dirty dog. [music] >> Spy is so crap. >> [ __ ] you. [music] Come on, Spy. Come on. [music] I am not trying to vlog this for myself. I do not give a [ __ ] about notoriety [music] or fame or any of that [ __ ] [ __ ] The only thing I [ __ ] care about is seeing retail win. Seeing [music] people just like me fight [ __ ] back. [music] And right now we are [ __ ] fighting back. You want to put a [ __ ] end? [music] fight fire with fire. It's time to take the [ __ ] damage. [music] So, do we all understand now that Jackie doesn't just actually smoke crack, but he kind of knows what he's talking about? Thank you for listening to my Jackie talk and uh I'll see you guys. Goodbye. [singing and music] Oh, what a roof [music] in your home. Things may well turn south. Be prepared to not be scared. Jackie's [music] teaching cannot be compared. Wo wo. They know what to do. Watch the lesson on [music] how to [ __ ] up hedges with a longstanding passion. Our time is night. [music] Please do not divide. It's time to come together. We're here to provide for [music] our families and friends. There will be no compromise. Financial [music] freedom now until forever. Calm down shark. We can f the together. >> Plus is in the chat, folks. Plus is in the chat. [music] Meadow [music] is bullish bottom tit [music] we bish now lock in the profit bottom meadow is profit [music] [singing] oh know what to do. What's the lesson on how to [music] [ __ ] up hedges with a longstanding passion? Our time is night. Please do not [music] divide. It's time to come together. We're here to provide for our families and friends. There will be no [music] compromise. Financial freedom now [music] unknown until forever. Come now chart. We can [ __ ] the hedges together. Bottom out. Bottom is bullish. Bottom [music]
2:51:44out it's tech. We bullish bottom down. Bottom [music] is bullish. Bottom metal. Can we bullish bottom down? [music] Look in the profit. Better Jack is profit. [music] Oh, [music] is calling the air ring home. Cy's calling. [singing] Your jackie [music] pick up the phone. GM is falling and Jackie [music and singing] sp better. >> Damn. Y'all [music] y'all really think that Ken's calling, man. >> Okay. All right. No, I guess you guys are right. Maybe he is calling. >> Hello. [music] >> Hey. Yes. Yes. Jackie, it's it's Ken. Can you hear me? I wanted to call you. I needed to speak with you. we [music] had something to talk about. I noticed that the price of GM shares is up today. But what has me tremendously concerned Jackie is that uh well I saw that the cat tweeted today and that makes me a very [music] upset man. Jackie a very upset man. Now, some people will think that I have uh a problem shorting [music] GME, but even if I did have a problem shorting GME, I definitely would not be in trouble if this thing broke 25. Maybe you guys could stop making the [music] share price go up. Is that selling a thing? You guys think that that you can do that? >> Chad, what what do we think? Should we Should we Should we stop making the price go up? What do you think, Chad? [music] Should we stop or or just let it keep going? What do you guys think? Let it keep going. Let it keep going. Let it keep going. All right. Click. Sorry, Ken. [music] I had to hang up on you, buddy. That's just the way that she goes sometimes. Sometimes she goes, sometimes she doesn't. It's just [music] the way of the road and the way that she goes. Y [music] Kenny is calling. Jackie picked up the phone. GM is falling [music] and Jackie spitting [singing] gold. See the death is falling. Kenny better buy what he sold. Kenny's calling. You hear that ringtone? [music and singing] Kenny's calling. Yo, Jackie picked up the phone. G is falling [music and singing] and Jackie spy soul. >> What? >> Uh, yes. Hello, Jackie Latin speaking. Jackie Latin speaking. >> And hello. Uh, I'm looking [music] for Jackie Fitz. Just kidding, Jackie. I know if you
2:55:39stand here. Uh, listen. [music] I'm just going to cut right to the chase. Listen, I called you because I'm in a bit of trouble. I I'm [music] in a little bit of a pickle. These stupid people, they call themselves. They They saw [music] GME at that stupid ass [ __ ] idiot $19 level that you said was a really good spot. And then all these [ __ ] they bought it. They bought it. And earlier this week, you know, I I tried to slam the price down and really spook people, but but but it didn't work, Daddy. And now, >> yo, Ken, don't cry, my man. These were poor decisions that you made, but you're a market [music] maker. You can just whip up a couple of [ __ ] naked shorts, you know, and >> Yeah, I guess. You know, you know, you probably could slam the price down if you wanted to. You know, maybe like not at this exact moment, but you could you could slam the price down. >> Yeah, I guess I guess you're right, Jackie. I guess you're right. >> Listen, so don't don't don't take it personal, right? The ape's [music] got to win sometimes. I mean, conveniently, they've been winning pretty much since I've taken the helm of making sure the GameStop investors quit getting [ __ ] over. But, you [music] know, it's you'll have your time. You'll have your moment of, son. But my taxes [music] didn't see you. They're so mean. They call me the mailman. And >> hey, listen. [music] You You called us dumb retail and dumb money and you called us a bunch of names. Wait, you thought they were all just going to sit there and be nice to you after >> Yeah, I guess. I guess you're right. I mean, you you [music] literally had the SEC make a video about us trading meme stocks, you know, and and and and now you're crying [music] because they're being mean to you, talking about mayonnaise and bed [laughter] toast and all this [ __ ] That's what makes you upset, bro. You got to toughen up. You're a market maker in the stock [music] market. >> Yeah. Yeah. You're probably You're probably right. I I'm tough. I can be tough. [music] >> I know you can, Ken. I know you
2:57:36can be tough, little guy. Right. So, why why don't you show [music] your toughness by going out there and buying another Declaration of Independence? Maybe you could donate a second one to the Historical Society. [music] >> Yeah, that's that's actually kind of cool. I I I could probably do that. Okay, [music] Jack. Yeah. All right. Yeah. Yeah. You made me feel better, Jack. You made me feel so much better. Oh, I'm going [music] to get these pesky little retail traders, and I can't wait for Monday. You you know [music] the market's closed on Monday, right? >> I'm just going to do one more. Just doing a spy trade here. So, just give me a couple minutes. >> Bacon for Misha. So, Misha needs bacon. So, I'm going to go ahead and [music] get some bacon. >> Bacon for long enough. It just might speak for you. So as citizens demand some bacon for Misha. >> She's the [music] cashew licking up like it was pizza bark woof woof to the one and only [music] bark bark woof woofer. [singing] I couldn't [music] buy enough cuz like all dogs. [music] She's a good girl and maybe the bestest of all if she stops clip her bro. Holy [ __ ] My dog chewing yourself again. Take it down nine notches. Holy [ __ ] chewing off every piece of [ __ ] fur on this [ __ ] sound. All right, so just so you [music] guys can make sure that Misha definitely got the treat. Here's Misha on the microphone getting [music] her uh bacon. Misha, come here. Sing along there. [music] Good job. Say hello to everybody with my voice. Yeah, I know. I know. Say hello. >> Okay, now get out of here, you [ __ ] psycho. Yeah. No, you got to go cuz you crazy. She's the cashew queen like it was pizza. [music] To the one and only Misha. She's the cashew queen licking up like it was pizza. to the one and only. [singing and music] >> Mary kids, give Misha some bacon on stream. Whoa, Misha. Oh, you heard that right. [music] Oh, you heard that right. All right. Now, you're going to have to show off to everybody. [music] Heat. 1 [music] listening in Indonesia, [music] but I'll be dead if there's no information. You're flat. You
3:01:24[music] must have some kind of amnesia cuz I swear you never gave that bacon to me. is the cashew [music] cream looking [singing] up like it was to the one and only [music] to the one and only [music] to quit my 9 to5. Yeah, I know what I'm holding. If you take a look at the charts on the monthly, tell me what you see. Tell [music] me what you see. I'm looking at GameStop on the monthly and the lines about to cross and we about to get paid. 2020 kitty bar and the shorts got slayed. If you look at the charts, [music] don't look at the we about to get paid. >> Let's go. >> We [ __ ] got the name and holding [music] on to my chest. Set us free till they cover my deposition till my chart is complete till I see all the money that I saw in my [music] dreams. Only matter of time till they all can't believe it real fast making shorts want to leave. We going to see God for me on our screens running up the [music] [ __ ] bag. Hallelujah repeat. Hallelujah. Hallelujah. Repeat. >> You stuck [music] around with me. You hung out. You battled through the boringness. You battled through the garbage. And for what? This. [music] Let's go. [music] >> GameStop go up, I buy more. GameStop go down, I buy more. GameStop trade sideways, >> I buy [music] more. It's like no matter what they do, the average investor of GameStop [music] says, "Fuck you. I'm going to buy more." Hallelujah. [music] Repeat. >> Come on, you son of a [ __ ] Repeat. Hallelujah. [music] Repeat. Hallelujah. Repeat. Hallelujah. Repeat. >> No. >> All righty, folks. The morning is pretty good. We had uh 1.1K tuning in initially because you just you wouldn't believe it. Look at look at the screen. That is a representation of what just happened. So that scared everybody and their grandmas this morning. >> Yeah. >> So it was minus 7 or 8, maybe even 9% at one point. I don't remember exactly what it was, >> but uh yeah, it was down a big healthy chunk and people were petrified >> at first. I was afraid. I was petrified. Thinking about how GME was dumping with my calls by my side. And I
3:04:21had no hedge to print myself so that I could survive the day. But I grew strong. I studied technical analysis all along and then I understood the stocks at support and it won't be too long now before it jumps off and goes boom. But I don't know how much longer the short sellers can afford to live. But we grow strong and we study technical analysis all along. All right. Okay. Good. Good. Yes. Good. That's good. [laughter] Yeah. I'm able to watch live now, too. I noticed that as well. So, that's good. That's good. You guys are saying something. Okay. Yeah. Yeah. Yeah. Yeah. Oh, wow. Okay. Wow. Blackberry and Roblox are down a lot. Why is that? And then, man, everything is just dog [ __ ] Then spy, the day trade was working there. And then uh it retraced back and then that's it. So, I'm I'm I'm I might long it again on the retest of this trend line. But what I'm worried about is that it's going to fail this trend line, fake us out, hit this, leave an indicator signal, bounce off of that 236, and then [ __ ] halt tits to towards both of these uh potential harmonic completions. So, I do like the long here. I think it might take a little bit to to get there, but I like the long. [sighs] And then let's see what else are you guys saying in the chat box. We don't talk about black. Exactly. You get it. Exactly. >> F that. I bought more calls. [laughter] Remix. Jackie Titch. Just see who leaves a like when the ston is down. Yeah, you guys should like the video. Like the video. All 800 of you absolute wonderful [ __ ] I think the spy long's going to slap. Come on you bastard. Come on [screaming] you bastard. [screaming] And then this is the part where it explodes and then everyone goes. Come on. It's so close. It's trying. It's trying. Let's get this stuff out of here. Clear it out. Clear it out. All right. Come on. Come on, you little bastard. And then GameStop. Oh, GameStop doing nothing. You guys saw me draw it earlier. I think this is what we're probably gonna do. Something like that. That's my guess. So, we'll see what happens there. But then GameStop
3:07:41uh premium just had another slap down. Now -3 million plus. That's the lowest it's been. Let's see what came in. Oh, look. We're just slapping shortdated dog [ __ ] So look folks, we're just slapping all of that is shortdated. Look, it's seven days. Seven day. It's just a big roll. Somebody's rolling positions. So somebody was short on these. Let's see if we can find this dumb [ __ ] So I'm going to assume that that's this guy that sold them for a million bucks and now he just covered them for 1.4 and he rolled them to next week. So, this guy right here looks like he loves losing money. This guy loves to lose money, folks. And that's what we're witnessing. Whoever that trader is that lost half a million on just that one strike alone, uh, he is now rolling all of the other options that he had. That's what you're seeing here. So, 14 days to expire, 14 days, 7 days, 7 days, 7 days, 7 days, and all this zero days is all him shifting the position. So, uh, somebody is rolling a rather large short position into next week. I say short, it's just they're sold calls, but you get it. So, we are seeing a total roll of what appears to be a rather reasonably sized position. You guys can see right here all this, this is that I mean, that's a good chunk. Let's go over to net flow and it'll give us some totals here. So, I'm just looking at next week. So 1002. So 1.3 million on the 20 strike calls, 954,000 on the 18 strike calls, 438 on the 21s and then those 14 days to expire. We have the 20 and 1 halfs with -352. And then we have there was one more I thought somewhere here. Uh yeah, the 22 and a half down here at -222K. So someone's rolling a short position that they got cleaned out on this week. So I think that's what we're seeing is that they're rolling that position now to next week in hopes that GameStop is going to retrace. You would you would definitely hate to see that explode in their faces, right? You would definitely hate to spy. Please please please sir sir please sir sir see I can't control this one like g what
3:10:24I mean what I can't control anything I'm actually [ __ ] [laughter] but come on just go up come on trying to get paid on some calls man come Come on. Come on. Come on. Come on. Don't be an [ __ ] If it rejects this top side one, I'll probably uh cut him again and reload again on this lower touch. So, I I'm like, it's got to go now. It It's got to go now. Then AMC trying to get to highs of the day. Just hit 294. High of the day is 296. GameStop 2357. Um, I missed something from up here earlier that you guys Oh, all right. And let's see. Uh, Sky Daddy. Sky Daddy with a $20 B. Marino says, "Have my eyes on IWM. Watching closely." Yes, I am in a long. I am in a long on IWM right now. Actually, Sky Daddy, I am in 285 C's. I'm in 285 C's for 2027. And uh I don't care if it goes into the red a little bit because I'm looking at the daily 200 period moving average here. And I think that it could probably Oh, what? How the [ __ ] did I the [ __ ] did I do that? Oh, cuz I Oh. oh. Okay. I see what I did. Okay. Okay. Yeah. Good. Yeah. Okay. Great. Yeah. Yeah. So, I'm looking at that daily 200 and I'm looking at a big daily RSI channel that's broken out and is making a potential touch of bullish divergence. So, even if it does go a little bit lower down to the daily 200, I I feel pretty good about an IWM breakout and move here. So, I'm with you on that one. I I I really do like this one. I mean, you could even make the argument not less likely, I guess. So yeah, the daily I guess is just where the majority of my focus is. But I really like the setup and I like that the daily 200 is going to act probably as as good support. So we'll see what happens. But yes, I I do like the long IWM idea and then I would love to see it bounce and then hit this top and then I would love to short this. So [laughter] yeah. So that's kind of what I'm looking
3:12:50at there. That's what I'm uh that's what I'm seeing on this thing. Yeah, it looks cool. Yeah. And then uh a few of you guys were asking about the oil stuff. Um we'll see if we get some clarity this weekend over the Iran war and see if uh maybe the strait is going to get some sort of deal even though a deal happens every week and then it's taken off and then it happens again and then it's taken off and then it happens again. And so but it could potentially provide a catalyst that sends oil dumping into the ground even though oil dumping probably wouldn't last all that long. uh it it would definitely be enough that uh oil dumping into the ground would give this potential butterfly that we drew here uh profit target number two, which is going to be the daily 200 period moving average roughly at $80.78 a barrel. So that's what we're kind of looking at there for uh you guys on US oil and those of you that are looking at that thing. Yep. Yep. Yep. 100%. Yep. And then spy. Turd. Turd. Just a [ __ ] turd. H. What else? I mean, it's pretty uh pretty slow otherwise. Let's go to crypto. Oh, forgot to tell you. Crypto port my link thing. It's green. >> Y up. >> Oh, yeah. >> Sweet. >> Yep. So, that was cool. It all had like a 7% swing this morning except for Bitcoin. Everything else had like a big swing. So that was cool. So yeah, crypto poor back on the up and up. We we we're back, baby. Turd sandwich. Iran said straight to remain closed. And then that's right when they hit us with the [ __ ] bip deal. That's right when they [ __ ] hit us with the bip deal. I know how these Iranians work. I am Yako from Russia. I deal with these Iranians all the time. This is this is nothing. You guys remember the great the great great war of the great great 1832. Oh my gosh. You guys, you can't even imagine what we had to go through back then. This is this is nothing. We deal with these Iranian guys all the time. They say that there's no deal. And then 32 minutes later, ah, miraculous, a deal has
3:15:17been made. I remember when we had to sell our corn fields to pay for this silliness. But listen, anything goes when when when you really have to put yourself out there. But listen, they have great oil. Great oil in a straight a straight. So straight you can see directly from one side of the country to the other. directly through the straights. That's how straight it is. It's like driving through Saskatchewan. I think you can see >> I'm pretty confident you can see Manitoba from Alberta. That's how flat it is. >> Thoughts on QQQ? Well, QQQ is tech and tech is NASDAQ. So, how's the NASDAQ doing? And it looks like the NASDAQ is just about at a new all-time high. Matter of fact, the weekly is pretty close to making a new all-time high, like for its close. But the RSI, the RSI could be argued is still bearishly divergent if it were to make a high. That would be 14 bars. That would be within the uh the proper threshold. So interesting to consider the idea that perhaps this could be another touch of weekly divergence from NASDAQ. We could also take a look at uh at just tech stocks in general. So we could take a look at, you know, let's just start from our list down. Tesla, not really much to say there on Tesla. Pretty rough looking weekly candle so far. And then the daily little RSI head and shoulders that we were drawn that got uh blown out, but it's I mean technically it didn't really make a higher high. So not really much to say on that one for this week. Nvidia uh Nvidia had that harmonic completion. Now it's making a back test. There's not really a lot of signs or signals here. Apple is just hulk dick. Uh Google Google is testing its uh weekly 50 period moving average or pretty close to it. By the way, the spy, come on, [ __ ] Come on. Come on. I can't look. If I look, that's when things go to [ __ ] So, uh yeah, Google has a dumping ADX on the weekly. And then if we head over to the daily, uh you are testing both moving averages. So, it's going to be a pretty important moment for Google coming up. That's for damn sure. [clears
3:17:37throat] Then we look over at Microsoft. Microsoft just keeps going up and keeps bouncing off of that uh um anchor VWAP that I put on there. Uh but I would argue more importantly uh on the weekly you could easily make this argument. That's a high. That's a higher high. And this is now a higher high. Right? That's three higher highs. And if we look at price, you have high, lower high, lower high on the RSI. You could argue that there's three touches of bearish divergence that are forming there on the weekly on Microsoft. So that's certainly something worth noting as you're back at the prior all-time highs or very near them. Uh we have Amazon, which Amazon is below its daily 50, above the daily 200, broke out of a little daily RSI wedge, but it too doesn't have a lot of trend strength right now. That's what the ADX is telling us. And then Meta broke out of this massive weekly structure here and uh is going for a retest of the all-time highs. However, if it too finds some sort of rejection at these highs, right? Uh it's probably not so much the weekly that I'd be paying attention to. It's going to be the monthly because if the monthly does that, you can make an argument that that's a high, that's a lower high, that's a lower high, and that's a lower high. And on price action, you have high, higher high, equal high, equal high. You could easily make the argument that there's a couple touches of divergence on Meta's monthly and that could lead to a retracement. I I just think that the time to long tech is just not right now because of everything that we spoke about earlier in the show with regards to the move index and all that kind of stuff, right? I think this is the time to just be cautious and patient and wait for the market to give you a clearer sign or signal that these uh tech stocks are ready for its next leg up. But I'm I'm just not really convinced that it is. So, that's what I would say there. All right. What else do we got on there? Oh, yeah. Bat Joe. Bat Joe asks for a AEM. I totally forgot about that [ __ ] Thanks, Bat Joe.
3:19:38So, AEM. Oh, that's interesting. Hey, AEM is trending down just in this most recent price action. However, it's trending down towards both of these moving averages as they creep towards a golden cross. Interesting, too, that that could be a double ups sloping golden cross on the chart there on the daily for agnico eagle mines. Um, it looks like I've pulled a fib extension for some reason. So, this thing must just be cooked. Yeah, it is. It's just going nuts. So, with that golden cross, I mean, that's really, really, really bullish. You haven't seen a golden cross on the stock like that since December of 2023. So that's a long time ago. Both sloping up averages. Let's check the 4 hour cuz there's probably Yeah, there's like a 4hour, you know, maybe RSI wedge that's also forming. You have your ADX beginning to slope up. You obviously want the DMIs to cross over, but uh you do have a couple of little signs and symptoms beginning to form. Not much to say on the hourly 30 minute. Not much to say there either. We could probably pull a fib from I'm going to say those highs at the beginning of this year down to these lows and then it looks like you're below that little macro golden pocket as well. So there is some work to be done. Uh I would say more specifically that $200 level is going to be really important for you. If it doesn't get above 200, the back test of the golden cross and at 185 to 188 is probably a pretty reasonable spot to look for the stock and wait for it to get there. If it lost that, then I would just say I probably wouldn't want this. I would look for it to fill the gaps lower and then I would probably just want to be really [ __ ] patient with it. Otherwise, uh that golden cross is very nice. The stock is in just an absolutely ridiculously massive uptrend for a very long time. So, it's hard to say anything bearish about it. So, uh that's basically where I would lean the majority of this conversation. It it looks good. It is back testing uh some moving averages on this retracement that it's seen over the last couple of weeks, but the retracement shouldn't be viewed
3:21:59as a negative. It should be viewed as like, oh, okay, we're just cooling off some of the technicals for the next leg up. So, that's what I would say there. All right. on the weekly. I mean, you you could try and connect these trend lines. It's, you know, I like that it broke the center in the EMA more importantly. That's what I would probably say on the weekly. The weekly ADX DMI doesn't have much going on. Let's turn on the Ballinger bands. How about that? See where those are at. Still above the center on the weekly, so that's good. And then daily, you're squeezing crazy tight. So, there's going to be a big move made on this thing soon. There's definitely going to be a big move made soon here. And those Ballinger bands squeezing. So, now you hope that that squeeze leads to a bounce off of the golden cross that explodes price action to the upside. That's it. Plain and simple. All righty. That's what I would say there. I like that daily chart with the ball. Oh, there goes spy. There you go, folks. Come on. Come on. Come on. Little more. Little more. Little more. Little more. No. No. No. I'm melting. It was so close. So close yet so far. Oh, wait. Are we back? Are we back? Oh, we're so back. We're so back. We're so back. We're about to be so back. Are we back, chat? are in the arms of Oh, we're back. We're so back. We're so back. This Oh, yeah. Oh, yeah. Come on. Just a little bit more, please. Just a little more. Fire off the indicator signal and go up. Come on. Please. I rarely in the arms of the angel for just 771 cents and 12 micro pennies. You too can feed a horrible day trader. promise. You too can pretend like you can trade bounces off of the EMAs just like that guy on YouTube in the arms of the [laughter] Oh, what an elite fake out that was so far. I don't I don't like that. I would prefer that you didn't do that. It was a lot cooler when you didn't do that. Definitely. It was way cooler when you didn't do that. Maybe I could be better at drawing my trend lines, but it was trying to break.
3:24:44It was Why? Why you got to be an [ __ ] You know, you were so close to breaking out. You had all the momentum and then just No. [ __ ] you. All right, fine. Got to be like that. Got to be like that, you know? It's rough. No one in the chat box is even talking anymore. Everybody's dead cuz stupid GM. Wake up G. Don't you know we have people to entertain? Third D John with the $5 bomb. Oh, sorry. Before I get to that white uh Bat Joe, what did he say about on the weekly? You see what? Three white soldiers and a bull flag. Well, that middle one I pro I I don't know that I would. Okay. Sure. Yeah. All right. Sure. Yeah. Sure. All right. Sure. You can I'll give it to you. Yeah. Yeah. All right. Sure. It's going to be uh it's going to be tricky. It's going to be tricky. But yeah, I'll give it to you. the bull flag extension on it is why I say, you know, it's it's tricky because that's a big move up that you're asking for. You know, that's a big one. That's 334 from 194. That's that's a lot. Not impossible, but that's a lot. And then spy, come on, please. Uh, we good. As Jackie said, we're being patient. That [ __ ] needs a kick in the balls. The buffering is unreal. If you guys back up and just don't watch it like live live, if you just back up like 10 20 seconds, you should be good. But yeah, YouTube has been like this uh almost all week. It's been like this almost all week. So, my connection and everything shows good. So, it's definitely uh it's a YouTube thing. So, but if you guys It seems if you guys back up like 10 or 20 seconds, that seems to uh that seems to help it out a little bit. don't want to be that guy. But could GameStop have a bare flag? Well, bare flag would seek the continuation of a downtrending move. And I would probably just argue that this is just one move. It's not necessarily a trending move. It's just a powerful move. Otherwise, what I would argue is that this is still all like in an uptrend, you know? So, that
3:27:17that's what I would say there. I would say it's just one low. And bare flags are to see continuations of trends just like bull flags seek continuations of bull trends. Right? So if we're looking at at if we're looking at bare flags on GME there, what we would have to say is, well, if GME was trending down, okay, then we could talk about it being a bare flag. But because it's just the first move that propelled the stock down, I I would probably refrain from saying it's a bare flag, and I would just say that it's it's just one move down. And uh what I'm again what I'm really seeing here guys, like I'm not listen I hate to be this [ __ ] guy, but I'm I'm telling y'all, look at this. Like it it is it is unfucking believe. Look at this. Like this is this is just getting absurd now. Oh, sorry. There we go. Look, there's your huge drop, right? There's your [ __ ] [ __ ] around and then here's that [ __ ] round turn that we're making. It's just bigger, you know? Well, like I'm I'm telling you guys, it's like it's almost doing the exact same [ __ ] thing. And it just I feel semi confident that we're probably going to hesitate right around this area of support headed into the weekend. It would be sweet if we could get that close uh closer towards the $24 spot, but we'll see what happens. You know, we'll see what happens. Spy turd. Probably manipulate that trend line there. Like that. Good enough. Uh whatever. Sure. Big fat triangle. Big fat triangle. Big fat one. Jesus. And then GME. Not much to report on there, folks. Not too much to report on. I, you know, it is sort of what it is now. It's uh Hester Pierce is gone. I'm assuming that's who you're talking about. Hester Pierce. There you go. Isn't there three black crows on the 15minute from this morning? Yeah, but haven't those three black crows already played out? Did didn't didn't they already play out? Like, is isn't that the move? Like three 1, two, three, and then look, you got you got another three and a half%. Isn't that the move? Right? Because it's not like we're trading it on the daily.
3:29:55Like, we're not looking for $4 down, right? It's just a 15minute. So, you just look for a little bit more continuation of that move, right? Uh, let's see here. Spot. I mean, we're just getting nothing here, folks. We're just We're just getting absolutely nothing. Could GameStop have a bit of an inverted bumping run on the four 4hour RSI? My question would be where is it going to go? You know, like I I ask this question to you guys all the time on these RSI patterns and these RSI structures, right? Where's it going to go? Like if the bump and run is this, right? If that's the potential of this, right? And it wants to do that, where's it going to go? You know, like there really aren't a lot of places left for this thing to go. So I again, I want you guys to really focus and not that you aren't right. I I just want you guys to really focus on the fact that like this pullback that we've had on GameStop that has pulled us back 6%. Yes, it feels shitty, but in the same regard, right, look at the technicals. The daily RSI has pulled back to where the bull zone. Oh, that's not that bad. No, you're right. It's not that bad. And then we turn our attention to the weekly. Well, the weekly has still broken center. Not as much as it was, but it's still broken center. Now, obviously the weekly candle looks a little bit shittier and you'll see everybody and their grandma come out on X this weekend and say, "Oh, GME has a big shooting star candle, so these are blah blah blah blah. [sighs] Okay, shooting stars. This is what a shooting star looks like. Okay, this is what a a shooting star looks like. Theoretical performance, bearish reversal. Tested performance, bearish reversal 59% of the time. So, it's literally a 5050 pattern. Now, I can tell you from the textbooks that I've done and that I've used and that I've paid attention to that this particular chart pattern is actually not a very good reversal pattern. Matter of fact, it's barely even good enough to get a little bit of a retracement. Often times with these shooting star patterns, you then look for the next candle on the next time frame to turn
3:32:31into an inside bar and then you get to mark off the inside upper and lower ugaboogas. And so with the candle that we've seen here, you'll see a lot of people talking shooting star and oh GameStop. Oh no. Uhhuh. Yeah. We uh we broke the point of control this week and oh spy. Okay. Okay. Okay. Okay. Okay. We broke the point of control this week and now we've back tested it and we're holding above it which is really bullish. And if we now have those technical indicators which have cooled to a pretty significant degree, right? Such as the daily RSI now pulling back to the bottom of the bull zone or the 4hour RSI pulling back to just above the center line. We now have those technicals in some really, really, really good positions. And if those technicals continue to unfold as we think they may, that's where we can see GameStop make that big significant move. It requires the patience now though, including the patience to see today end, right? And see this week come to a close. Let me guess. Without even looking yet. And he didn't say anything negative, so I'm not mad. No. What? What's your >> You have a serious face. >> No. >> I'm going to look and see if that's this guy's first comment. Oh, it's not. Okay, we're good. It's good. We're fine. It's fine. Uh, surely we're all pretty convinced that the wizard account has been hacked, right? >> And reading through. >> It should be. Yes, it should be confusing. >> It was very confusing. >> But not bad in a like not in a bad way. Like we're we're good. Everybody's good. We're good. Well, there's debate on there's now like fake fake links of the site, copies of the site that are fake that are being shared around. So, there's like confusion as well. It was only a matter of time before that. >> No, for sure. But it's cracked, isn't it? It is cracked. >> It wouldn't have happened. >> Don't be suspicious. Don't be suspicious. Don't be suspicious. You just wait until we find Keith Gill's Neopets accounts. Then we're definitely going to moon. You shut up. You shut up. You You should know better than Neopets. We're looking for his Nexopia account. You turd. Yeah, there's a poll that I
3:35:23bet you didn't think we were going to get. Nexopia. Yeah. What's up, boomers? Assemble. Yeah, I bet you didn't think you were going to get a Nexopia poll today, did you? Oh, yeah. Oh, yeah. And everybody's so far behind in the chat box because the [ __ ] YouTube video just buffers if you keep it on live because [ __ ] YouTube's cooked. I am sorted by live messages, huh? [sighs] And how are they in there today? Good. Good. Yeah. >> Yeah. That's been the big talking That's been the big talking point. There's TA and then there's like what the [ __ ] is going on with the wizard. >> No, here's here's a good one, wife. Here's a good one. Um, DFV Limewire account has been all Jackie's hype songs. >> Exactly. We've been breaking into Limewire and uh that's where these songs come from. So, Pupacabra, never heard of them. It's actually just Limewire. That's just the name of the artist. So, we don't actually know who Pupacabra is exactly. He's uh He's He's wired a coabra now. He's wire cobra. >> Limac coabra. All right, I'll take it. His lime coabra account. >> Jack, you haven't kept up. What do you think about the wizard account situation? And I honestly at this stage I don't know and I'm too afraid to ask. But I just appreciate the fact that there's some level of hype and excitement from a load of folks within the GameStop community that are just, you know, they're watching everything. I I wish I would see some activity on his stock charts thing. That would be cool. I wish we could see some activity on his stock charts thing. or you know, maybe we could get some some filing or something from him this weekend that oh look, the cat owns 5% of GameStop. Holy [ __ ] [ __ ] And he filed a 13G cuz he wants to be an activist investor and oh my god. And then that would really get [ __ ] popping off. So that would be cool. That would be cool. I would definitely appreciate that. And then Spy sucks. GME. Boo. Could you make the argument that GME is the descending scallop? [gasps] Yes. Go away. Wait. I What? What the [ __ ] are you [ __ ] doing? Scalp.
3:38:19I think it's descending, right? No, it's ascending. So, these actually rank pretty high. These are these are not bad patterns as far as I remember for bullish. Oh man, I'm actually going to have to look because I don't really trade these patterns very often. Now, let's go to rank slam. Should been [ __ ] working out. All right, top 10 bull reversals. Scallop descending and inverted. scallop inverted and ascending. So not good for reversals for continuation there. It does rank in the top 10 but technically this pattern is not seeking uh continuation. Technically this is attempting to reverse this macro trend. So technically it doesn't really align with what we're looking to do. Uh let's check in the 15minute. Okay, we are getting a little bit closer to making those that bullish divergent touch. If it does get a little bit lower, we could see that touch of bullish divergence that we had marked off. So that's exciting. But uh yeah. Yeah, there's laugh laugh stock slice. Thanks for everything you do. What are your thoughts on MNTTS? That's the crypto thing, right? I think Mnts Momentous. Yeah, this the one that What's not spot, right? The Tom Lee. Is that his name? Is that the one I'm thinking of? Tom Lee. So, yeah. Uh not not good. I mean, the guy put uh a ton of money into it. So, I mean, it would seem unlikely that they're going to let it just sit here forever, but right now, like from a technical perspective, there's not really anything intelligent that I can add. You could make the argument that there's touches of bullish divergence, but it's not like it's taking anywhere. And now you're just uh you're at center. Uh this is space stock. Yeah, I I don't know. I'm just based purely on the chart. I'm not a fan. I'm not crazy about it. I mean, this thing, it literally only goes down. And if it wasn't for that one guy coming out with some news that pumped it up on that huge gap up of whatever hundred some percent it was, like I don't I don't know that that stock would have uh done anything differently than what it's done down here before. So I mean I guess from a riskreward perspective like you do have that low is kind of like
3:41:38your defined risk but the the riskreward here is very difficult to determine. You know it's difficult to determine when the stock has really only just managed to go down and down and down and down and down. Right? So, it's space tugboats. Oh, that's interesting. All right. So, yeah, I don't have much intelligent to say there. Let's just check the weekly, I guess, quick. Yeah, not much to say there to be honest. Yeah, not overly impressed on that one. That's what I would say for that one. Sorry. Sorry, man. All right, 499 likes. Who's going to be number 500? Who's going to be 500? Who's it going to be? All right, then we've got that target there for spy. Please break out. I've been waiting forever. Please, sir. I want this breakout. Come on. Don't reject again. Come on, man. Come on, man. Don't reject again. You were 500. Way to go. Everybody will be 500 because it'll all show 499 for you and then you'll all press it at the same time and it'll show 537 for me, but it'll show 500 for you. So, congratulations to the 38 of you that were like number 500. Congratulations. You're the best. You're the best. Oh, man. Folks, we are uh winding down here as we approach hour number four. We are winding down here as we approach number four in the hour total. And uh I think I'm kind of ready to just have the rest of this day off and then reconvene on Sunday's video. hoping that something happens, but I don't really have very much more to add for GME. And I don't really know that I want to watch the markets do this for another uh two hours. I think I'd like to go outside where it's it's breezy, but it's >> I'm going to have to mow the grass and then start to get the Halloween stuff out of the basement. Get ready. >> Oh, I set it up October 1st last year. Yeah, exactly. What the [ __ ] you mean? That's five days. >> October 1st is when? Say it. >> Thursday. >> Exactly. Thursday. Next week. So, I'm getting a week in advance, baby. >> Yep. >> Who goes Christmas shopping the day before Christmas? No one. >> Who does it before? >> This guy. >> This guy. >>
3:44:50But the plants. >> But the plants. Put the plants. Put the plants, guys. Put the plants. >> Well, folks, uh I guess with that, this is probably where we're going to sign off for the rest of the day. So, again, my expectations are kind of something like this. So, we'll see where this ultimately closes, but I just I don't really have anything more to say, and my back is just starting to turn the corner here. So, I would like to try and take advantage of that and keep her going and uh yeah, have some more water, eat some breakfast, and uh yeah, go enjoy the nice weather that we have remaining. So, uh I can't believe it's 28° already. That's crazy. 28 degrees already, it says. That's crazy. Meanwhile, every place that we want to live, 14, 10, 12, 13, 12 This is an anomaly. >> I Yeah, I I know it's the last day of this it looks like and then we get back into like actual fall temperatures. >> The lowest day that I see on any of the forecast is 1°ree Celsius or 32 for you Americans and that's on Sunday. >> So yeah, folks, that is it. And uh that is all that's what I've got for you here for the remainder of today. So, uh, just wanted to say once again as we sign off for the week, uh, thank you guys so much for, uh, all the fun and excitement that we've had this week has been absolutely legendary. And, uh, looking forward to more, man. Looking forward to more. Hopefully, uh, something cool happens this weekend, man. We're all We're all hyped. We're all excited. We're all hopeful. So, don't let those hopes turn into uh, disappointment or sadness, right? if something doesn't happen, right? This is all it's all tinfoil. It's all hype. It's all speculation. So, don't, you know, don't uh don't take it, you know, too hard if nothing happens, right? Nothing is worse than when the cat's Twitter got hacked. There was nothing that was ever worse than that. So, don't don't get your hopes too far up. We're just, you know, we want something to happen. And man, would it be cool. So, let's just uh sit back, see how the rest of today closes, see how the weekly candle closes out, and
3:47:16we'll go from there. All righty. So, thank you everybody. Thank you guys so much. And don't forget tonight in the Discord, GuyDaddy and I doing a little uh educational lesson on uh like the actual trading part of trading. All right, so uh make sure you guys are in there tonight. Uh I think that's at 11:00 Eastern, 9:00 Mountain. We'll see you guys in there and uh it should be a good one. So, thank you guys and have a great rest of your days and have a great rest of your weekends. Thank you folks and goodbye. >> Screen's green. Let's get it lit. It's your boy Jackie Swipe Ging. [music] We >> always to the tits. >> Yeah, [screaming] let's trade, baby. Go.