 That's correct, correct. That's why we're having slaves. Inventured servants. Exactly. You want a roof over your head? Go shovel the snow. Love it. I'm taking notes here. Great. Great. Great. Great. Parental advice. Yeah. Love that. So, well, folks, I guess we'll see you on Tuesday morning again. Thanks for showing up. Have a look at what's happening. News will be very important about how people are feeling this, I think, because the overall sentiment will change or just be increased over the weekend. So that's one thing. But 007, you used to say something about Buffett. You want sharing that with us again? Oh, yeah. I also wanted to ask Byron, too, because he's been really good at picking beats and stuff. I was going to ask him, you know, what would he pick in this environment? But to go back to Guru's thing as well, usually at times like this, when, you know, when the market is very fearful, Warren Buffett would say, hey, you want to buy when everybody is scared as hell and you want to start, you know, kind of selling when everybody was greedy, which was kind of like last week and everybody, you know, during Christmas rally and things like that. Or last month. So we're now at a point where everybody's like, oh, no, the sky is falling. But I think at the same time, if you know what stocks you like, you know what values there are, you might find values here. And I'll leave that to Byron to see if he has some gems for us. You know, it's funny that you actually say that because it's a cloudy with a chance of meatballs is what I like to say, because it's a good show. But as far as leaps go, believe it or not, yesterday when Piton dropped drastically, I purchased some 30 calls for January 2023 and I'm currently up $170. Wow. So to me, Piton, yeah, it was more like a pandemic stock, but you have to like the big grand scheme of things like, you know, exercise bikes or treadmills or whatever. They're not going anywhere. You know, they could always come up with a version two that's cheaper to offset it. You know, like look at Apple for an example, like you have your Apple iPad Pro, then you have like a mid tier and then you have a lower tier so I can see them ramping up production to kind of doing something mid tier to help, you know, bring more people in into the company to have more Piton Peloton bikes, whatever, into people's houses. But I also feel like down the road, I know that there's little in a little Twitter, social media concepts. A lot of people have even talked about the potential of Nike, Apple and even Lulu lemon potentially buying them out, which would be interesting to see if that would actually come true. But that wasn't one of the like driven factors of me wanting to actually get into the leap. Personally, I feel like there's tons of value still within the stock. And I feel like there's going to be a lot of wealthy individuals that are going to start bringing this back up like we like to stock. But that is one that I've definitely been watching PFE, Pfizer. I don't know if you look at any of like the bio FDA approval stuff, but they have something coming out on the 24th for HIV that I'm quite interested to see if it's going to be fully approved or not. If that happens with along with all the COVID news and stuff that could potentially come out, you know, that's it's just going to go up from there. So those are two that I that I am personally watching. So I'm in Peton, but I'm watching Pfizer. I like that. Remember, folks, Byron is extremely extremely good at finding the trades of the lost cause whenever something is completely below where everyone is usually expecting. He's the one that looks at it. And usually he's pretty good at finding all these over extended plays. And then we've talked a lot about the meal play that you you called last year. And, you know, I think you've you've called many from from that bottom. So thanks for sharing that with us. So what are you looking at the January 20, 2023? Yeah, so I have the 2023 for for January, a 30 call for for Peton. The other stock that I've been watching nonstop. I know I've pissed guru off with it is snow. I always tell them when it's the good and bad news, like this week I played some snow puts just yesterday, paid $160 sold it this morning for almost 2000 piece. Just ran hard. But that's one, one ticker I want to, you know, get with JTW one of these days to fine tune some NTS on it. Because I feel like there's a lot of potential because a lot of the growth on that ticker itself each day presents a both bullish and bearish run. So you can play both sides daily on it. So yeah, I've got some answers to send you in your I'll light up your DMs with some stuff like a Christmas tree. If you look at the five minute chart on that one is toppy at 297. And I guess you're right. Every time you reach the top of the channel, you can you can go for puts. But then again, it looks like guru is playing snow better than I am with the real snow. Go shovel your driveway. Okay, folks. Well, I'll do that. I'll wish you a very, very good weekend. Unfortunately, this time is not a long weekend. Stay safe. Stay warm. And I guess I'll catch you on Tuesday morning. Absolutely. Everybody have a great day. Have a good weekend. Likewise. Take care. Thank you guys. Thanks for hopping in, folks. What's up, beefy? What's going on? Let's see. Catch back to the comments. Yeah, we're a couple of magic. Amazon blew through, huh? Today was nuts. I'm trying to find to see if we can find some value in some of the tickers. Got salary cuts from stocks. It was a fantastic day. Oh man, this guy must have been shorting like crazy. Good afternoon, Mario. How you doing? You cut all your Apple shares. Hmm. I don't think my Apple hit my stop loss yet. I remember putting a stop loss, a trailing stop loss a while back. And the last time I checked, it was somewhere around like 135, 140s area. I'm not sure if we're at a point where I'm probably still in the Apple trade. Maybe I'll manually cut it, but I'm just going to let the stop loss do his things. You know, if it hits the stop loss and it breaks under, you know, the 147 level, then so be it. I might never own Apple for the next few years. Who knows. But the market's definitely moving at a very interesting pace. We're seeing some, some things that could potentially be at great bottoms, but at the same time. Hey, they were the same thing that we thought were at great bottoms. The week before, right, like look at Microsoft. I remember looking at Microsoft last week and, and man. Or maybe two weeks ago, we were looking at Microsoft and we're like, oh man, Microsoft's been so strong, so resilient. They, there's a probably good chance they were bounce off this, this possible bottom here. And they just absolutely cut through. So once they cut through here at the next level that we're waiting for is just, you know, coming back down to here. To maybe two nineties area before we get another bounce. The trend line though is actually at 286. So that could mean that we have more room to go on some of these big tickers. Another one I was looking at that I thought was pretty interesting was Starbucks. We almost came down pretty hard. Starbucks had a Starbucks had a triple top ejection over here. Thought maybe it had a chance to pick up the trend line there. It didn't happen. There was also another trend line here on the bottom side. That also didn't get picked up. So we absolutely just cut through both of them. And, and now we're over here. Now we're over here. We're almost Starbucks is almost back to 2020 levels. Would you guys pick up Starbucks at 2020 levels? What do you guys think? Let me see how Starbucks is doing. You know what? Starbucks actually made with pretty decent money last year. They actually finished off 2021 pretty good. Let me see here. Not right now. Waiting for a nice dip on Ulta Beauty. Oh, I haven't looked at this ticker in a long time. The white girl index tickers. Not with an environment that look and find inflation. Top or bottom, same with wages. Hey, what's up, man? How's the martini today shaking the stir? I'll be honest with you. I actually got, I actually got smacked pretty hard today. With the way the market went. So earlier this week, I posted the market outlooks because usually every Sunday as a trader, every Sunday I tried to be prepared for the market and try to kind of figure out, you know, where the direction of the market was going. So this Sunday, I knew financial was a short. I, you know, I knew we were looking for that 3960 area. We talked about the possibility of this dollar index moving rate. It's a kind of weak cap on that. We talked about possibility of dollar index moving up and the cues on this downtrend. However, I didn't think cues was going to break this downtrend line here. I thought we were going to potentially bounce off a little bit that cat bounces on point, you know, to this 380 area. But we didn't, that didn't happen. And then, you know, we have to spy S&P 500 over here. This is a risk off week possible double bottom setup. If we're looking for bullish scenarios and need to stay above 457 to stay bullish, there it's a nibble longs position for one month out, but don't go heavy. Right. So that was my expectation coming into this, this week. And you can kind of see how the XOF play out, you know, XOF we're looking for that down move and XOF play out perfectly. So the short on the XOF this week worked out for me. But spy, you know, I didn't anticipate us breaking down that pattern so quickly and so fast. The original probability was possibly doing a small bounce here. But now we're completely going to bearish territory on both the cues and the spies. So because of that, I didn't expect us, you know, breaking down. I thought we were going to chop for a little bit. So I had overexposed myself to positions on this other ticker, SGH, that was having a split soon. You know, overexposed myself thinking the same double bottom was going to play out on this as it was playing out on spy. And because of that overexposure, regardless of how much hedge I have, I couldn't have hedge against this drop here. So that kind of messed me up for this week. Actually, probably one of the few weeks, no, that's probably one of the first weeks in a while where I'm going to close on the net negative side. Where I usually end up closing net positive. So it's going to be pretty interesting, pretty interesting. Let me catch up on the comments. So I'm definitely, I was definitely pretty messed up today. I was definitely stirred. I had to really sit back and look at the whole market direction and really had to sit there and think about, you know, whether fundamentals was going to come back to play or not. Fiat-Wero says, I have, I had had 445 puts expiring this upcoming Wednesday. So 75% of them perched 50 spy to 18 per 70s. Was that today? You're expecting to bounce, right? That makes sense. Let me think about Peloton that cat bounced a reversal. That's a great question. Let's take a look at that. I think I covered a little bit about Peloton yesterday. You know, we talked about how what their business model was and stuff and and how if you've read the initial reports from the IPO, you would know that there they were actually built and designed for community gyms and things like that. But hotels and whatnot, but not necessary directly, you know, marketing to consumers, but their, their plan accelerated five years forward. Just simply due to COVID, you know, so the stock price went five year forward as well. And now it's coming to the end of that supposed five year cycle on their original business plan because they, they expanded so fast. And if any, if, you know, if you guys have ran the business before, you know that it's almost near impossible to estimate the supply and demand issue because when you're, when you have a company and you're getting crazy pre-orders, you know, the next thing you're trying to do is trying to fulfill those free orders as fast as you can, right? Because you think these pre-orders are going to keep coming. So you're going to keep trying to fulfill these pre-orders. But initially, you're not going to, you know, try to double your production, you're just going to try to fulfill them. But then as you see the pre-orders come in and back to back quarter after quarter for the two, three quarters. Now at this point, you're going to be like, you know what, let me try to get ahead of these pre-orders because these pre-orders are coming nonstop. And, and once you do that, and then the pre-order stop coming in, you have a week call where, you know, remember what happened with the bikes, kill some kids or whatever. And, and, you know, it was a tragic event. And, and it was a huge flaw and they had to do a week call and they end up losing a bunch of the revenue and profit. So things went real quick for them on that side. They went from expanding company to a contracting company. Now we're interest rate and everything going up. They can't borrow as much money to keep their loans and everything going. They're in real trouble. So the other thing is keep in mind, they were never profitable. That's the other thing they had. They were never profitable despite how expensive they were selling their bikes at. They never got to profitability. And they should have to. Oh, they almost did. They almost did these three quarters. They were profitable, but they couldn't finish the year profitable. And now they're going back to how they were losing money in 2019. So at this point that kept bounce the reverse. So I think that's going to depend a lot on what they're, you know, what, um, what, what the situation with the interest rate is, if they're going to really continue to raise the interest rate, then it's going to be tough for them to reverse from here. Even though they're trading at very low price of sales ratios. So they look at Peloton, they're trading at 1.7 price of sales. You know, are these sales going to keep going up? Are these sales contracting? If these sales are contracting, then this number is going to get higher and higher on multiple than the stock price that needs to get lower. So those are, those are, you know, things that you have to wait out. So at the point before, you know, they were having 120% growth, revenue growth in one year estimate that that could come down to, you know, a lot less. So with that said, I could see us dead cat bounce maybe to the 40s area as possibly let's look at a half day chart. Maybe even to, yeah, probably 40, $40 area. I could see them come back to that. They can't bounce to that. Maybe they have to clear $31 first and then maybe 40. And then after that, it might just come back down again. I think even when they IPO, they IPO pretty high too. Have you Amazon shares average $19,000, $1900? Holding for two years. I'm not sure if I need to cut here any suggestions. Are we talking about, hey, what's up CP? Are we talking about a few hundred shares or just a few shares? If you have a few shares, I would do the same thing that I am doing with Apple. So let's take a look at Amazon. I'll show you what to do. So if you're looking at Amazon and you have a few big shares and stuff and you're not sure what to do, you know, and this is at a point where you need to put stop losses. So anytime I have a stock in my portfolio that I really, really like and I don't want to lose, I usually put a trailing 30% stop loss, which means like if let's say it hit like, you know, this top over here, 3,700. Every time the stock goes up, it moves the stop loss 30% up, right? So once it peaks like 37, what is this? 37.64. It would put a stop loss around 26.30s. So I would say that's probably where your next level. Because look, Amazon is already at the max support that could be at right here on the daily chart. I mean, I can't really see it. I can't really fathom it, you know, moving much below that. So obviously we're at the point where if we drop any further, you know, what's the next big level on the weekly chart? 2400. If we drop that, if we drop under this, you know, 200 average here, which is 2400. Where else can it go? Right? Where else can it go? So, I mean, you got a 2000, you got a 1900, you know, you got to ask yourself, where would you be willing to go? Put a trailing stop loss. And if it drops another 10%, then, you know, things are probably not going to come back as well. And we all know that Amazon is not going to have a great earnings quarter either. They literally told us that themselves. They literally told us that. S-O-X-L, big loss. Damn. That sucks. So SGH, next big support. Next area of support is the yellow line here, MOB at $55. $55.50. The area after that is $48.49. So that's probably where I would buy. I mean, me personally, I'm going to hold it till close to the split day because usually something would get manipulated at that point or another and they could possibly run. But if you guys already got stopped out of that trade, then just wait. Wait till next support to pick it up and just play accordingly to the trade. You know, overall at the end of the day, I knew getting into that trade. I liked the company. I knew they were making good money. They didn't have much production issues. You know, and they were continuing to make good money. So I knew going into that trade fundamentally, you know, I was confident in owning that stock. I wouldn't mind owning it. So, you know, like you can see here, 2021, they lost, you know, 1 million and over here they made 21. So they've been having good quarters. They continue to make money. And I just don't see them slowing down. They're having some of the best quarters ever. And I think like I think the whole semiconductor industry is going to be pretty resilient. But we do have some that are huge fly high flyers, you know, like like things like NVIDIA and where people got too excited about what they could do with the possibility of of AI. And then people kind of traded NVIDIA like they traded Tesla to crazy high valuations. So I'm not necessarily dipping. I'm going to probably keep adding on the way, but depending on how your portfolio and what your cash position is, you know, diversifying play accordingly. But I did have some some put spreads that expire. It's going to expire worthless. I mean, Peloton, there's a rumor doing around that Apple may buy it. Nothing back to it yet. I mean, yeah, anybody could buy it. Hey, even Facebook could buy it. You know, imagine Oculus 2, Oculus Quest 2 plus Peloton. Yo, you're not just on a bike anymore. You're on a bike in VR. What's good? Can you imagine? That'd be pretty cool. I mean, look, one of you guys was telling me about VR. It was a lightsaber, lightsaber. The game you guys told me last week totally convinced me. I went out and bought a quest to last weekend. What's up hazard? You know, hazard with the with the crypto yesterday. He came on the stream. He was like, he or she, I'm not even sure actually. He's got a nice little cute cat pick. But hazard came on the stream last night and it was like the general market is dropping. Crypto market must be dropping as well. Right. And we sat there tall for a minute. I was like, hell yeah, man. Went and shorted some SI bank and some Coinbase and saved my account on that drop, man. And after hours toward the end of the stream, crypto market literally started flooding. So we are at a key level here. We have a trend line support here. Just like the same trend line support that we kind of have on spy, I guess. If we break that support around 38,000, it will easily liquidate down here to the 29,000. It will liquidate real quick because the thing with crypto market is there's so many people trading on margins. When it goes, it goes, it literally goes down so hard. I bought them at close looking for a bounce purchase point five each. I think we can still go down a little bit more, but not by much. 3,000 pounds. I'm looking for 100%. I agree. I think we're going to chop. 13. Oh, fiat world saying they're worthless. Hey, yo, just because you guys are pretty bearish on Peloton, don't try to short it too much. Because, you know, just because everything looks like doom and gloom for them, you got to be careful. Sometimes they can sure squeeze as well. A lot of serious support broken across the market. What's up? Actual tick? You're completely right. There was a lot of support. Supports got broken across big tickers as well. You know, Amazon, Netflix, right? You think Facebook that has support right now that can potentially get broken? Yeah, Facebook is at that. Another major sport that can broken. Microsoft had the support broken already. What about Apple? Apple not yet. Apple, you know, still has room to go. That's why to a certain extent I was thinking to myself, I was like, you know, I will feel confident. Usually when markets pull back, these big tickers usually all pull back to the moving average support together. But for some reason, Microsoft has started to get disconnected. They just kept running weird. And then Apple took its time getting disconnected from the market. You know, not pulling back and whatever doing this weird thing. And then Google is just completely pooping the bed right now at this point. So Facebook, a whole other thing too, right? Facebook kind of lost their while back and never really recovered. Facebook technically went into bearish territory while back in September when Snapchat lost the bearish territory. Like went into bearish territory. So it's kind of interesting to see how things play out. Yeah. When market is very, when interest rate environment starts going up, market has no patience for these negative cash flow companies. Same thing with the cruises that I was talking about yesterday. TXN. Ouch. Thoughts on cure. Is cure a stock? Oh. Not sure if you've even followed what Biden is talking about. It's kind of a little bit scary. Biden is actually, he could, they could potentially attack healthcare because sometimes they want to like make healthcare cheaper or whatever. And that could be bad for healthcare. Yeah. If you want to add more to SGH, wait for that further level. Honestly, wouldn't be surprised to see Peloton a single ditch in the year too. Well, if you guys look at IPOs, right? Of 2018, 2017, 2016, you will see a lot of IPOs that do things like that. I mean, some stuff I can think of are maybe like GoPro where they, the IPO pretty high. And people thought like, oh, you know, this, the stock is, this is the thing, you know, like, like, I mean, 2015 when GoPro IPO, who didn't want a GoPro that time? GoPro is the best, right? But then everybody came out with a knockoff and things like that. And then boom, look at it now. You know, the company was trading equivalent to almost $100 at some point, high as $60 at some other point in 2015. Now nobody even wanted for $9 at this point. So let's do is that thing. One of the other ones, blue apron. Let's see where that now. It was like, it was like a grocery home delivery service. And, and you know, it was 2017 IPO blue apron. Everyone was like, oh, you know, genius. Everybody is working so much now. Nobody has time to make their food. So this company ships you all the pre pre prepared ingredients like together and they give you the recipe and you can make food yourself. You know, then they thought it was good idea. People liked the idea for a while. They had, you know, some customer growth, but then just completely end up dying across the board. So a lot of things, man, people don't, people don't like, people always get too excited on IPOs. And, and I think we're going to see that on the 2020 IPO. So for some of you guys that that think like some of these IPOs are never going to go down, be very careful. Even things like like unity, right? Like unity, this was a great IPO. The stock went up. It is great. You know, it's a great company. They do a lot of things. But when we look at these, these, these earnings, they aren't really like making the money that they should even talent here. That was a huge IPO. A lot of people love it. You know, when they open, they literally said, Hey, you know, we think the company's value around $10 based on the amount of money we're making and everything. And people drove it up to $30, $40. But things are finally coming back to the real valuation. Even AI. What a cool ticker, right? Crazy stuff. DKNG. Netflix back to 200. I'm not sure. Actually, let me show you Netflix. So I actually did, I actually, I actually did do something dive into this because I asked myself, where would I buy Netflix? What, what I think their value is. And to answer that, I kind of look at the balance sheet, see what the current amount of assets they have, how much money and revenue they're making. Right. So we're looking at Netflix 2015. We're going to use 2015 as the baseline. Okay. So at the, at the end of 2015 toward the end, the company was trading around $130, right? Give or take 130 and trading as low as let's say 80, 82, right? Or 85, 130 and 85. So 130 and 85. And if you look at their revenue and like assets and stuff. So go to the financials. Oops. So it goes to the assets from 2015 to now. So 2015, about $10 billion in assets right now they have about $40 billion give or take. Or well, actually 2022 now, 2021 would have finished now. So they have more than that. They have about $42 billion in asset, right? So about 4.1, 4.2 times. And then, you know, look at shareholder equity, equity to see if there was much change there. So that was about five times look at revenue and profit. So from three to about 15. So four to five times, right? So say four to five times we're talking about $85 to $85 to like let's say 120s, right? So on the lower baseline, 85 times 4x would put it around 340s, 120 times 4x would have put it around 480s. But who's to say at that time it wasn't overvalued as well. So if we were saying at that time it was overvalued as well, we'll look at the lowest multiple. I mean, we'll look at the lower side of that area, which is 85 times four. That would put it around 340. So to say that it would kind of go under, what do you say, $200? I don't know. That's going to be hard. I mean, could the selling pressure take it there? Yeah, it could take it there. You know, all the way down here, right? 230s, some support there. Could the selling pressure take it there? Yeah, for sure. The selling pressure could take it there. Enough people get shook and they keep selling it off. But what I think the true value is, I think it's somewhere between 300 to 400s based on that quick dive that we just took a look at. But the other thing that a lot of people don't think about when we're talking about fundamentals and PEs and stuff as well, is that when you're looking at PEs, you're always constantly looking at the sector and the current situation. Now, if currently people are okay with 100 price earnings or 30 price earnings for the stock, then people don't mind the stock trading at 100x because they're forward looking. They don't mind it at 45, 39 or whatever. But if people start, if economies start going into recession, people won't be as forward looking. They're going to be starting to look for real value. So instead of stocks trading at 40 or 50x, they're going to be looking at stocks that are only trading at 10x or 5x at this point. Because that's what naturally they should be looking at. How could you see a stock trading at 40x? They would have to have ridiculous revenue growth year over year to be predicting them trading at 40x. Because how many years would it take them to make 40x that current revenue? That's another thing that I think a lot of people have to put some thoughts behind. So hopefully you guys put that into thoughts when you're investing and looking back at some of your long-term portfolio. Because that long-term port is going to be very important. MasterCard broke 360 support today and closed back into the old channel for the first time since it broke out three weeks ago. Let's see. Real Estate Bowl 3x. So you know the real estate sector, the ETF. There's a few ETFs, right? One of the real estate, real estate ETF hasn't really recovered despite real estate flying all-time high. And also home-building ETF was also moving really high was because they knew that real estate is being propped up. Because there's the eviction moratorium situation that they keep kicking further and further down the line. So now that they're raising an interest rate, people are really finally going to get squeezed in the mortgage. And people that bought houses last year, when they have no freaking reasons to be buying a house because they just didn't have enough reserve cash left over, are going to start seeing the pain, especially if they're trying to rent it out to people. But people don't want to rent it or something like that. You know, or if their expenses across the board went up in terms of food prices and things because of inflation, but they can't collect as much rent, you know, so it's going to be a tricky situation here. But that's looking further and long-term, though. So MasterCard 2020 levels was around 346. Wow. In November, it was trading under, it came back, went over. They have earnings coming up, so they said Estimus 5.17 EPS is 2.21. How does that compare to the last quarters? More. How does that compare to the previous quarters? A lot more. How does that compare to last year? A lot more, so. So this earning is supposed to be a good earnings for them, but at the same time, we also need to see the guidance as well. And if interest rates are going up, people might not want to spend as much. So I think that's going to be the key here, just trying to see what Powell is going to say. You know, the narratives have definitely changed to interest rate is going up, and when interest rate goes up, it means the economy is going to slow down. I think that's the big, key narrative that we got to start looking at. Hey, what's up? Any thoughts on Tesla or did you cover that already? Tesla is a really tricky one. We talked a little bit about that on the podcast. As far as technical levels, we'll take a look at Tesla on the technical levels, right? So as far as technical levels, Tesla is at the MOB line here, which is right here. If it were to bounce, this would be a good area for the bounce. And we know Tesla, we talked about Tesla last week as well. And we have said that, you know, Tesla is like creamer in science. You know, it can do whatever it wants. It can either break up or break down really quick. And when it does it, it's going to explode. So if we get the, like Fiat world said before, like we, you know, we thought that the market is going to have a dead cat bounce, right? If we think the market is going to have a dead cat bounce, I would not be surprised to see Tesla participate in that dead cat bounce. So where do we think it could bounce to if it does participate in this bounce? Probably back to this line here. This red line here at $1,000. Predicting their earnings is easy, almost I think, because they have released so much numbers. Tesla is actually one of the only companies, one of the, I mean, one of the few companies that literally tells you what their earnings is going to be. They give you enough data sets that you can figure that out. So I think we can all price in for an earnings beat. The only problem is we have no clue what the guidance is going to be, you know, just like how we knew for a fact that Netflix was going to price in for earnings beat, right? But we had no clue that they were going to miss that guidance so far off and just so bad, right? So that's what I think is going to happen to Tesla. We know they're going to beat. They said they had really good numbers. So I'll show you. I'll show you what I'm talking about. Tesla delivery numbers. So this is a website called Electric. They have really good, they keep really, really good track of Tesla. Amazing track record for Tesla. You can find really good data from them if you want to look up data on Tesla. Tommy says four billion dark footprint on spy. Which side? Which direction? In some ways, isn't it just that a narrative? I've been alive long enough to remember 7%, 8% for mortgages. I know my parents, they were far higher than that. Oh, yeah, for sure. There was a point where interest rate, I think was like over 10 plus percent. And because of that, you know, mortgage interest rates are always pricing higher, right? So if natural, regular interest rates are going high, mortgage interest rates are going higher than that. So even right now, I think mortgage interest rate was at 3.6 at the low, probably at 4.4 to 4.5 right now. But you know, these things go up and down. You could, you could, you know, they'll be okay. But at the same time, we also have to kind of listen to the narrative and play the narrative as well. Because if they're going to push the general narrative to the market that, hey, guys, interest rate is going to go up. You know, we need to stop spending and things like that. Then we've got to be like, oh snap. What they're telling us here is that the market, the economy is going to contract and slow down. We need to listen to that narrative and play the market accordingly. We can't continue to buy the dip anymore. We need to look for to short the rips at this point. So that's something that we have to kind of remember as well. You know, nasty renate. Yes, that does look like a hidden shoulder in Tesla. 2 to 3% market, just what we have for like a decade, 0% financing for up to 2 or 3%. Come on, we had 10% of financial effort because in the 80s, 90s, people survived some reason. Yeah, for sure. But the market now moves big on narrative, especially with so many retails in the market. And everybody listening to like CNBC and Bloomberg. But actually, I think interest rate on financing is actually pretty bad on vehicles right now. I know some people are paying like 17 to 20% because they have bad interest rates. I mean, if it's bad credit scores, I think there's only a few of us that's really fortunate and we have like excellent credit scores where we're not paying that much. Let me see what these links you guys are sending me. Nancy is over here. Yeah, guys, you got to buy the dip. You want me to tell Pop-Up Howl to not raise the interest rate? Okay, I will tell this bozo. 441, 440 is the major supporting gamma level and also 200 SPX. So it breaks, we're going lower. That is true. I'm pretty sure Guru probably covered this already because we talked a little bit about that as well. How we're at the 200 SMA on the spy and SPX. There's a lot of fear. I agree. What do you got over here? Pacific snow. What ticker is this? The SMP on the weekly. It's a fat candle, but usually fat candles are followed by fat candles as well. Fatter candles too. Watch that over here. That's also something you got to be mindful for. It could either be one of these or one of these, but I'll show you something even better. So talking about SPX on that tweet. So SPX really hits the 200. Usually when it does hit the 200, it does bounce pretty well. So we had that over here. So that's where it's heading right now. Also a big area for point of control as well. So the other two time we hit it was over here and here. And we also bounce off it. So we rarely lose the 200. Even when we do lose it, we typically come back to back test too. So that's a normal thing. And we bounced off this other time over here. So the 200 is a pretty essential level. We rarely ever lose it. Usually when we come off the cliff long enough, big enough to hit the 200, we usually do bounce. So I do think we are going to get a bounce today. Let me catch up on the comments. Nice. What's up MassApil? Which name should it look in? I see Cowermax, DayDI, TSWBY. You know what? That's a good question. We'll take a look at Market Bubble today. Oh yeah, for sure. They got to make money. Yeah, but what if people default though? Yeah, we know the direction of that dark pool now I think. In a way. Kathy should shut her arc. Maybe. I think the thing is she said too much. And I mean, you got to at least respect her in a way. Because at least Kathy doesn't flip flop, right? She says she believe in technology. She thought they were the future. And you know, and she stayed true to that. She just kept buying the dip. The crypto was the dip. She bought the dip. You know, she thought these bio, whatever things. Jill, Jill stuff was the dip. She bought them. So at least she stayed true to her narrative. So I respect that man. But is her fun always buying at all time highs? Yeah, she's a grandma, bro. She's a grandma. She don't know no TA man. When she sees RSI 100, she's like this stock is showing relatively strength today. Let me buy because the stock is showing relative strength. They love high RSI. I mean, if you look at technical analysis, they'll tell you you should be buying the high RSI. Because that means their strength in the stock. Now I didn't see this. You welcome to throw it here if you like. Let's look at the market bubble. Let's see if we can find some opportunities. Let's look at the map and see what is the worst performance stocks in one month. So we thought we saw a big drop today, right? But did we really see a big drop? Because we're looking at the one month performance. Let's see the greatest one for this month. DGX dropout 20%. MCO MSCI. Some financials and stock exchange. Oh my gosh. Every single one of Cathy's top holdings are dead right now. Hopefully she's buying more. Oh yeah, you're completely right. I think Cathy was actually... I said this before too. I think she's a genius. I thought that she was a genius because she found way to preach to the market. She was one of the few hedge fund managers that was able to return 100% plus return in 2021, when every other hedge fund manager would be lucky to make more than 30%. So she did a phenomenal job last year, man. But hey, like I have also told you guys before, just because somebody like a star player, whether it's like Jordan of Curry or LeBron, just because these guys are one of the best players in the game right now doesn't mean they're going to consistently be the best player in the game every year. They will eventually get weak, they will eventually slow down, they will eventually get old, and they will eventually make the wrong decisions. So that's just what's happening to Cathy right now. Obviously she had a such a great year, it's going to be extremely hard for her to outperform her previous years. But yeah, Kip is also right in this too. Most people miss Cathy, she's only buying these things because she believes in the long term, she thinks of the future, and as long as she's looking at their financials correctly and she's really buying the stocks based on how well their financials and how much they can perform, and she has the inside information on that, she will probably be okay. What's up SBJugs? Always a good place to find out what to short next. That's true, they could be attacking her too. The crypto just liquidated. Oh, some Mac. Oh snap. Fiat world, I don't think we're getting that bounce. Your boy is about to add some more to this crypto short. Damn, I should have added the sh... Damn, Tommy, it's over. It's over, Tommy. That's so true, SBJugs. Everyone is a genius in the bull market. I remember there were a lot of people that outperformed me in 2020 and 2021 when things were just going to the moon. Like, as so many people just outperform me, they were making 100%, 200% of the year, and I was just like, damn, I'm sitting here barely struggling to make 50%. You know, like in the long term portfolio, but people were just crazy outperforming because it was just too easy. You could make the dumbest pick and just run up. Yeah, a lot of hitch funds, they play both directions, right? They play strangles. So when they play strangles a lot, it's very, very hard for them to pull more than 30% profits. Oh wow. Imagine this coming to $3. I'm sorry Fiat world, man. It's over for you, bro. It's over. Your lungs just got done, though. Got this COVID cough, man. That's still lingering me. Modano's will not hire any individual that have health, trade it or sell cryptocurrency. If you overlay crypto site, they move similar. Yeah, 100%. We said this on stream too about this because once they made the futures for BTC available in the CBOE market, that pretty much gave hitch funds access to crypto and then manipulated the same way. They're manipulating the market. So we're actually having this double top move and we're coming down. We just broke that line here. So our next area of support is going to be around that 29,000 to 31,000 area. And if that doesn't hold, oh my gosh, man. We would die, brother. We would die. I would prefer trading BTC instead of monster. Monster trades an interest in value of the BTC. Oh yeah, of course. I mean, I'm only shorting the stock tickers because I'm trying to hedge my stock account. I don't want to log into my crypto account right now and then try to short. Yeah, they're always three months behind. Yeah, I mean, I've always traded like fundamentally and it really made me question myself that, you know, like the last year or two, I really had to question myself like, man, fundamental doesn't make sense right now. I need to just straight up be technical and not even care about fundamentals. But now we're at a point where you got to care about both again. So it's good. It's good to have that back a little bit. Sorry for the long-term portfolio. I was just messing around, man. Madonna labor shortage should become real. You think so? Madonna's already did such a good job with the laborers though. They already essentially replaced half the workers with the cashiers, with the robot cashiers. Have a good weekend, Kepp. Take care, man. We pray for you. I thought about that too last night. Last night when we came down to this level and, you know, an S&P 500 broke it, right? Because you know how we went into bearishness over here, right, in that spy? So once we broke that level on spy over here, I was looking and I was like, man, you know what? Like I don't mind holding some of my crypto, but we're also at such pivotal levels in spy that if crypto drops, the next area is going to be here in crypto. So we hit that area yesterday. I sold off like over here around that $40,000 area. And then once we hit it over 38, I wasn't even confident buying because look at the signals that we're getting in the RSI site. We're getting the crossover here. You know, that can't be ignored. We're still pretty weak on the over here. So which means if we replicate this move, we replicate the same move that we have here. We're probably going to grind down a little bit further to here, which is the $30,000. So that's the next area I'd be confident are okay to spine. But as of right now, I'm not. I think that's where we're going to hit next. I mean, I mean, you can still, this is probably an area where you can probably still add some SPXS as well. You know, if you want to hedge those spy costs, SPXS, which the very TF could help out, especially with the direction crypto is going. Is there a crypto ETF that we can show it? Sure. Is there like an inverse crypto ETF? If only it was so easy. Oh, there's got to be a, there's got to be a micro futures. Maybe there's a micro futures for Bitcoin. Ooh. There is a micro futures all is 50 o'clock. That's because people know, people know that people are hedging. That's why I thought about going long on SPXS. But then I'm not really sure if that's the right move. Because it's already moved up so much. Let me see what's the hottest ticker this week. It's not enough yet. So there were a few anomalies, LVX, the EA and take two. How green was TXN? Take two interactive is at the moving average here. I think it was just I think it was just opening really low from last day. It's not really green. It's fake green. Something is going to happen over the weekend at this point, huh? Coronavilles already hit the first move here. Next move is 18s. Yeah, I'm going to take some shorts on this. Ha ha. Oh my god, your sister is still back holding that. Oh god, you're evil bro. How could you do that to her? Let me see if I can add, I'm going to add some shorts on this actually. Because I need more hedge. Yes. Did you see how many cruises got canceled in the last few days? What is that? It's 43.74. Oh, I have a video for her. Send her this video. Where's that video? Yo, here you go man. Send her this video. Oh snap. I think I'm going to end the stream here guys. I got to make some moves on the positions based on this crypto move. Because lately the crypto has been moving with the market and this is a pretty significant move here. Breaking under that 37,000 area. So unless we can we claim it over the weekend, you know, I don't know it's going to be pretty scary. But typically crypto has been pretty bearish over the weekend. If people are getting liquidated at the point right now, knowing crypto the liquidation is going to get even worse and it's probably going to carry people down here because crypto liquidation is way worse than stock liquidations. Because in stock market people can't 10x but in crypto they can use 10x the buying power when they shouldn't. So good luck guys. Have a good weekend. Hopefully you guys will be okay over the weekend but you know just remember that if the market is bad sometimes the best move is no move sometimes the best move is on hand as well. Take care guys. Have a good night.