 What should I do to get into the stock market. Let's do this PK master. Let's look at that. I'm going to screen share gang Okay, brother or Asian girl. I dated about four coins in 2009 just for fun. He's doing great indeed gang, I'm gonna kill this camera right here. We're gonna go screen share and I'm gonna let me give you the intro to this, right? Now if you want to look at the stock market, right? And we're gonna look at Wall Street I don't recommend just going to Wall Street if you're gonna even gonna want to go into Wall Street There are better places to invest and you can take a look at our personal finance investing playlist Here's a link for it to watch from the top video down and I'll give an idea of what my perspective is on in regards to investing personal finance and stuff like this, but you can't deny that Wall Street is there and It gives us the opportunity to look at certain metrics Right where why the reason it does that is because there's a lot of data there, right and it's market sentiment Okay, so what we're gonna do right now is take a look at two main indicators, which are The 50-day moving average and the 200-day moving average and we'll look at the boolean boolean bends the one standard deviation away from Their things if we have time by the way, but A lot of people don't put enough value into the 50-day moving average and the 200-day moving average And we're gonna look at some of the just a snapshot of a company if we want to look at a snapshot of the company, right a Boollinger Boollinger bands. Yeah, okay, and that's a one standard deviate. I believe it's one standard deviation away from From the average price from the Price of the stock, right? And then we might look at the MACD as well. I call it McLeod. I don't know why I called that and MACD I don't think we're gonna take a look at that in this stream. Wow, and Chicho Do you go through a company's balance sheet or financial statements when thinking of putting money into stock? not usually Only only if it's And by the way, I'm not into the market. This is not fine. I'm just not I have family in the market that I Talk to them, right? You should be listening if you're investing in a company. You should be listening to their Conference, okay, they're quarterly and yearly Conference calls that they do you should be looking at their financials statements Okay, it reveals a lot a lot as well as their projections as well as their history of meeting projections Right if the management constantly comes out and says, oh, we're gonna do this and they constantly underperform Then they've built history if on the flip side the company comes out and says They're gonna do this and they always outperform then they've built a history. You have to take that into consideration so one thing that I Do do when I look at companies I follow companies for an extended period of time Because you want to know what the news feed is regarding a company How the management is behaving and how the market is reacting to their news releases and to their stock, right? See what you show. Let's look at the T-How why What about newly public companies like IPOs IPOs? I Don't part. It's rare. I have participated in IPOs before a long time ago, but it's rare and There has been times where it could be times family. This is not financials wise that that that that is Involved in pre-IPO as well. Okay. It's a huge gamble, right? Yes. Yes bigger gamble than Just straight up buying stocks for sure IPOs I'm gonna take this down. Let's take a look at some of the stuff Boink, okay I'm gonna close this. I got the chat. Oh, I gotta turn off the chat on Here we're gonna turn that off. So I turned off the chat that's gonna appear on the screen because we've got this guy going on here Okay, and one bit of a financial advice I have for you Or just internet device use duck-duck those your search engine. However, that being said We will be looking at Google finance to get a general feel for a Company right general feel for a company. This is the first time I see a chicho screen. Haha Check it out. Check it out. Okay. Now Google finance. You can click on it. You can create playlists You can do whatever you want, right? Here are some companies that have been keeping track of right? We'll take a look at one of these anyway This is a company if you don't know this do you use VPN Yes VPN you should be using VPN. Do I use VPN all the time? No, I flip between Okay, not always Investo let me link link this up to you guys investo pedia Great site Okay, bookmark this site. I don't I'm not being paid by them. I don't have financial interest in this company or anything like this I just use the site because you can look things up. All right here. You can go here do a little here's a search, right? Oh, no login anonymously Oh, I'm not we're not I'm not logging into anything All right. Oh, maybe I am But that's okay It's just gonna look at the thing Chicho, there are also open source trackers if not comfortable Google chunking up your Investment data for sure for sure, but I do like Because they can't link that up with anything else trust me I have multiple things going on. So it's it's okay. Okay It's not a big deal. Okay as far as I'm concerned because Because of some of the things that I've mentioned in our personal finance playlist, okay Now take a look at this thing market watch Okay, we're gonna look at the chart and we're gonna look at Just the Dow for now because the people talk a lot about the Dow by the way, I look out. Thank you for the concern Thank you for the concern. Okay It's not a big deal because these are some of these things are some of the ones I've mentioned or a discord as well Chicho, I just wanted to say I love your cigar cotton. Awesome. Awesome See why Kamal KYK a monster See why K a monster 99 Check this out. Let's look at the Dow for now. Okay, you can go into a market watch and put in any stock you want I'm all about privacy. Elder God. I agree. I agree The privacy should be the one of your main concerns if if you're doing certain types of banking and stuff online or anything else really Hi, Chicho market watch. It's nice for pre and after market indeed Mac dot dot Mark and by the way of getting market watch has been around a long time. They got a good reputation as far as I'm concerned Okay, they got a good reputation as far as I'm concerned In flows change a lot. Thanks Now take a look at this thing we can let's take a look at the Dow for now and here's another another site stock charts Now we're not going to use this because I just you know, I did another search. There are multiple other ones Okay, if there are any websites that you'd like Post it link it up on our discord page right in personal finance this court Okay, and let people know and we'll set up a database Where people are sharing websites that they use for information. Okay Now this one you can do a lot of the stuff too. I played around with this a little bit Not too much. I didn't like it because it wasn't going more than 10 years And stuff like this. Just keep that in mind stock charts. I don't know this company. Okay, and there are others Oh, they got actually I have a number account for online banking difficult to get but worth it Oh, I wish I had a number to count. Oh, they got check this out Let's do the Dow Jones for now. Okay. Now Dow is the top 30 stocks and the US and stuff It's it is what it is, right? So if you collect the Dow or look into any company, right? You can do a search here and type in a company name, right? But let's look at the Dow for now, right? So when you go here, you can go to this Not not to forget Fin Vex Fin Vex Fin Vex. Is that a website trading site? Thank you for sharing it make dot dot dot. I Wish I hear we'll do Fin Vex fin Vis fin not Vex fin vis. What is this stock screener here? I'm gonna pin this Okay, let's go back here Now take a look at this thing when you go down here You can go to this here advanced charting Okay, have you checked out Wall Street bets or invest investing subreddits? I've heard a lot about that. I used to be I have right Not too deep, but I used to go and forums are a great place if you're looking into playing the markets I don't care what markets they are, right? If you're into comic books go into comic book forums if you're into trading Wall Street Stocks look find forums that you like and talk to people Seriously, you're out of your mind if you're not talking to others online when it comes to investing, right? To to a large degree if you're not let me let me put it this way if you're not if if you're into trading Flipping, okay? Now take a look at this thing. You can go here and go to advanced charting click advanced charting Okay What that does it? Takes you to another page Right opens up and you got your different days here different periods that you can look at things, right? You can Frequency you can do a daily weekly monthly quarterly yearly you can do line or Candlestick dark dots or whatever. I usually stick with line Initial look initial look wobbin. I'm taking talking to my cat about investing in a good nap He's bullish on that nice most cats are right and then what you see here is here I've saved this. I want to take these guys down. This is I was playing around with this, right? So here. Let me take this down. Let me take this down Let me take this down. Let me take this down and we're gonna add these things As we build it Right. So if you go to the Dow Jones industrial average, right? This is the chart for the Dow for the last Five years. This is the time frame you pick I picked here, right? You can look at it for one day Come here. Look at it for one day. This is what you see Let me see if I can make this a little tighter. There we go. Is that better? Let me see if that's better for you guys Yeah, that's better that shows the whole shebang. Okay, let me take this down I've never Learned how to read and appreciate candle stick candlesticks now candle six just basically top in the bottom, right? And it give breaks it down good candle six would break down the standard deviations as well, right or different things in there We'll take a look at that stuff. I haven't looked at that candle stick for a while So I have to refresh myself on that. Okay, but line graph is a good way to look at this So this is a one-day trading for the Dow. Here's the five day, right? Here's the ten day Here's the one month Here's the three months Here's the Six month Okay Here's a year to date ytd. Here's the one year Now right and here's the percent. It tells you right? It's gone up Should be 53. I don't know why it says it this way Oh That's for today. Oh, unfortunately, it doesn't show you this Here here's one reason I do Google take a look at this. Let's go to the Dow Jones Here's the Dow, right? If you click on one year on Google finance and I know other other websites do this, right? It tells you how much The Dow has increased in one year 30% in the last year, right? You can go one day went up Point one five percent, which is that's what's showing here But this is only showing the one day if you go here five days. It's gone up point six two percent One month has gone up 2.8 percent six month has gone up 13 point one one percent year to date up 15 percent 16 percent In one year 30 percent. That's a huge gain in one year again In five years the Dow is up 88 percent. That is a huge gain gain huge gain okay, keep that in mind and Maximum the Dow Jones is up 3500% since 1981 that's how far back it goes. Okay 1981 You can take it further, but the Dow came to the SMP you can take further Okay, SMP. I think they they changed the names this basket the Dow came. I'm assuming came to be in 1981 okay, so That's one of the benefits of the Google finance that they have there, right? Now we can go back here Here's the two year and this was the Lockdowns kicking in right? Keep that in mind. That's a that's a marker there. You can reference things based on that Three year five year ten year and you can do the whole thing all right So this chart and this goes back to the Dow takes it back down to 1970 Right, so market watch provides you more data Okay, and you can do your own percent gain by the Dow was trading at 838 in 1970 and right now sitting at 34,000 35,000 right and you can just subtract and I figure out what the percent gain is there right now Google finance used to have the ability to do metrics on it. It does not anymore. Do not put your Weight investments your your trust in google. Okay They really I can't or don't learn their tools learn the tools you need to learn to be able to do what you need to do off of google platforms personally and as a business Personal finance advice right here Okay chalk walk Chalk a catwalk a cat call Seeking alpha is good for that time frame percent change effect too But that site has the most brain dead lunatic commentary on this site. Is it I don't know that site Okay, now let's go back here now In here You can do and you can do this on other sites as well, right? This one lays out the The metrics here Chart overlays chart overlays means it's going to put it on the data itself Okay, this data itself Lower charts here. So chart overlays this one this puts it on the chart right where the data is Chart lower charts is what's going to be put down here Okay, it's extra charts that you could take a look at and you can mark the events such as dividends Earning splits and whatnot and news News density or whatever. I don't I haven't done that. All right Founded november in 1882 the dow Jones 1882 cool cool cool So Return on that from 1882 would be a gazillion percent, right? Now take a look at this thing if we do the chart overlay we can do moving average Or sorry exponential moving average or simple moving average. Let's do those two Now the difference between simple moving average and exponential moving averages simple moving average is just the average price over a certain Number of days, right? And it's not weighted the exponential moving average is a weighted moving average where it gives more weight to more recent Stock prices, okay Now i'm going to show both And you can see the variation between these and it's up to you which one you want to use for doing data analysis Some people like Exponential moving average they say that is better indicator For what the stock is doing because it's putting more weight On what the stock price has been more recently Some people say no they want simple moving average because they're looking for an extended period of time, right? especially if Right if the beta is not huge and the beta is have Fluctuation of the stock if it's moving up, you know rapidly or it's fairly tight range Right doesn't do huge moves Okay, so let's put the exponential moving average on here now. This is all the data, right? So it's everything So we're not going to stick on this The whole data sets too long because it takes too long for it to process, right? So this is what the simple moving. Um, this is what the exponential moving average looks like and right now This is you can click on here and you can see it popping up here. So let me take it off See this there's nothing here, right and I can go exponential moving average And it shows you where it's popped up, right and you can click on edit And right now it's graphing the 20 day moving average So the black line that you see is the 20 day trading average, right? Now take a look at here if you could look at it zoom in And we will zoom into it. You can see that the market bottom occurred basically almost at the 20 day Or you can add another metric or change this I like the 50 day personally You can add the 50 day and the 50 day is here, right? So for the huge Bounce it actually did come down to the 50 days just not showing you, right? Because when it dropped when the lockdowns kicked in, right? the The Dow dropped to around 18,000 18,500 or so and the 50 day shows it. So we're going to look at the 50 day, right? Lark Park hello, would you show good evening friend? How are you doing doing well lark park? Thank you very much Now this is the exponential moving average. Remember it's weighing it more towards Recent price of the stock, right or the market, okay? And by the way, you could close this but just saying close See that edit open it up change your day and then close okay Tasker Harris, hey chi chou Unrelated but just wanted to give you thanks about using coconut oil. I tried it and it's been doing wonders already awesome Yeah, once I started using coconut oil for shaving never went back to anything else. It's absolutely amazing I'm glad and it's cheap cheap cheap personal finance advice So cheap using coconut oil to shave with just a little bit. Okay, and it's good for the skin Sleepy ways. I'm confused. Why are you calling it? Calling it 50 day if we're looking at timeline for years. Ah, take a look at this thing. This is the timeline from 1970 to 2020 to now to today Okay to today so much cheaper, but the 50 day moving average does this sleepy waves it takes the last 50 days, right and Averages that price and plots the data point, right Plus the data points And then it goes back one day and takes the previous 50 days So you're moving back slowly one day at a time, right? And averages that data and plots it averages that data and plots it so the black line you see there I'm talking about these data points Okay, I'm talking about these data points Right the fluctuation that you see there the blue line Is right now we're on what are we on? We're on quarterly because we're looking from 1970 to Uh to today is looking at it quarterly every three months, right? That was the average trading Okay Lark bark speaking of the pandemic california is back To indoor mask mandatory Anywho that's another story for another another story for another time starting saturday crazy 1159 p.m Got it. It's the average of every This one is not 50 days. It's uh the quarterly one, right? But let's here I just want to show you this we'll dig down into it when we get into a shorter time frame. Okay Thank you for your service. Thank you for your service. All the gods says cat call Check this out. Check this out Uh, but uh, uh military, I guess that's why ha ha I use water only uh cat call says Now this was the exponential moving average the 50 day. Let's do the simple moving average Okay, I should plot it and we're gonna do I believe this is what it's doing right now. This is the 50 day I'm gonna take the 200 day out to remove the 200 day because I don't want the 200 day in there, right? So take a look at this thing The exponential is the black line And the green line is the simple 50 day moving average If we look at today, right? Or in the last 50 whatever the quarter or quarterly timeline is here, right? The simple moving average the green line is sitting at 19,000 You won't be able to see it because it's too small and The black line is sitting at 21,000. So 2000 difference between them So there is a minor difference between the simple moving simple moving average and the exponential moving average right And we're going to zoom into a shorter time frame now. You're going to see how that changes, right? That's why I say some people like the simple moving average more Some people like the exponential moving average more up to you which one you want to use Okay, let's zoom in Zoom down And see which one in the time frame shrink down the time frame. So this is all the data Let's look at the 10 year. We're going to keep it there, right? That's the 10 year data Here's the five year data And they're getting closer now, right now take a look at this thing 10 year 10 year this guy was automatically sitting at it quarterly, right? When you go to five year now it's monthly Every month, right? You're getting your data points and it's getting tighter, right? They're following each other more closely You go to the three year Not bad Okay, two year one year and they Follow each other very closely Six months Three months three months start to you see a bigger difference here, right? Because there's a way bigger movement Okay, so The let's see here's here's one indicator the black line check out the black line when you see The data moving according on a line, right on bouncing off a line Or skimming a line either on the top or on the bottom Then that line is probably more accurate for that period than the other line, right? So take a look at this thing from this time frame from june 2022 2021 while june Wait a second Now what are we at? Oh, we're in three months. That's right for june 21st to june 23rd the Exponential moving average was pretty good because the line was skimming it and then for this period. It was a simple moving average From june 28 into 29. It was following it better, right? So you might want to look at both of them because they're both support lines and resistance lines And that's what these things are and explain to you what those mean Okay, and then you can go to one month And then you can go to 10 days and 10 days just becomes, you know People do this on a date if you're day trading you're looking at the stuff, right? And then you can do one day, which is A minute based on a minute, right every minute taking it 50 data point plotting it, right? And you can see bounces happening here, right? So you can follow this work Follow this trend, right? Take a look at that stuff. Do you see a trend happening for sure because The averages are A reflection of the data, right? It's just taking out the noise Right, that's the way you should think about it. These averages are just removing the noise So you can see the trends better, okay? So let's kick this up to the yearly Okay, and up to you guys, which one do you want to use? Do you want to you guys want to use the exponential moving average or simple moving average? You guys let me know while I pop another plum Delicious So juicy Actually, I'm going to pop two plums These are really good. These plums, I wouldn't pick them today From just up the street local local Trees Amazing Sleepy Bay 6 exponential. Let's keep the exponential going. Okay. I'm going to kill the simple So I'm going to x this out And the symbol disappears Data set looks cleaner, right? And you want to work with a clean data set until you get used to all the metrics now The other thing you can do in the exponential moving average As I said, you can change the dates days on it, right? You can make this 50 day 20 day And then what you can do is add another line Right automatically it turns it into 20 day, right? You saw the green line pop up So now the green line is the 20 day moving average But I don't want to look at the 20 day. I want to look at the 200 day Right and I changed the to 20 to 200 And now you see another line here Right the green line in the bottom and the 200 day moving average is lagging to a certain degree, right? And it's also giving you a serious support level Right where the support is right So it's giving you how far Something as above as 200 day moving average because the way you can think about it is this When a stock price deviates too far from the 200 day moving average The 200 day moving average acts like a magnet and pulls the stock either down or up The 50 day moving average does the same thing But it's faster fluctuations and the movements could The 50 day could move faster Okay All I can hear is next slide, please next slide, please Right, so check this out and you can add more you can add other metrics here It's putting the 20 day again you can go I dropped my mouse Apologies about that game Drop the mouse Okay now The other you can then you can do you can add more days, but we're not going to remove Right Cheryl. Sorry about that gang. Oh my god The ears the ears is rare. I don't think I've ever dropped a mouse on this table, right? Oh, no, I'm sorry guys. I'm sorry. I'm sorry That's have your ears recouped should I eat another prompt that drop was not ASMR. No, I'm awake now. Oh my god It was that loud a oops I'll let you guys recoup. I'm gonna I'm gonna I'm gonna eat a couple of hazelnuts I know I was just starting to relax. Oh, no I'll try to make sure it doesn't happen again Sleepy waves so the 200 day line is basically showing the lowest Average as the stock has reached no not the lowest averages sleep waves Is taking the last 200 days, right? Or 200 periods, I guess you can think about it And averaging them. So if a stock is doing this, right It's gone up like this Then the average of that period would be right in the middle right If the stock is doing fluctuations Then it's taking the average of those 200 days and putting a point on there And then what it does is it's a window it zooms back And does the same thing and you can see that 99 data points Are going to be the same as 199 data points are going to be the same as the next data point next average you're going to take It's just adding one more point Okay, that's what's going on Every time I hear recoup. I think I can't find me Greetings dr. P. How are you doing cat walk cat call? You say like a magnet But the thing to remember is the market is irrational only lives by peoples and Wealthy firms opinions speculations gamble and dependent on many unknowns indeed and also by the way cat walk Don't forget automation Most of the trades that you see happening on wall street right now is an algorithm doing the trading Okay, it's an algorithm doing the trading So that's one of the reasons when the price of a stock Deviates really far From their averages from their averages Don't eat hazelnuts and talk Yeah, definitely automation when it deviates a lot from the averages the automation kicks in and Really the automation is telling it. Hey, this is deviated too far from The averages and it's going to start pulling it back down or pulling it back up again Right now keep in mind the boolean bands are in play There's a lot of if any algorithm any a should be taken into consideration the short play You know, how much how What the volume is how many stocks are available and stuff like this, right? Dr. P. I say we all go blockchain. We all go blockchain sleep waves. How are we supposed to play with algorithms? That's the kicker sleepy waves, right? Hazelnuts are great with water indeed. All are gone by the water or juicy plums Um It's sleepy waves. That's the thing you have to appreciate that you can't compete with the algorithm if you're a human being you need to algorithms trade faster and what you need to do is Appreciate how the algorithms have been behaving and really appreciate the factor that algorithms function When there's function well when there's a liquidity in the markets Once liquidity drops either on the upside or the downside the algorithms Have major hiccups and you see movements Insane movements and if you're aware of those movements, you can take advantage of those movements. Okay Elder god the machine the machine has too much control. What happened to the to the main in the Man in the office man in the office is is no longer there And there's there is the man in the office is basically the top management treating everybody else as Machine may they be human or not? all right Unfortunately, unfortunately, right So keep these two lines In mind right the 50 day moving average and the 200 day moving average now Why are these lines important? Because they follow sentiment in large part Sentiment has a huge part to play in trading. Okay For example, let's talk about the 50 day moving average. This is one year. Let's zoom in a little closer. Let's go six months No, no, no, let's take one year. I like the there's more fluctuation here, right? now in general the idea of sentiment is this the idea of The averages is this When a stock is trading above It's 50 day moving average or 200 day moving average or whatever day moving average you want to look at 50 and 200 of the top two okay Catwalk the main the man in the office is a salary with benefits that can't work They can't work 24 seven days per week to the big companies. Yeah, that's why The man in the office is slowly being replaced, right? so here's the idea of the The averages right may it be the 50 day moving average 200 day moving average or whatever moving average you want to talk to think about right What is stock is trading above? the average People who have money in that stock tend to be happy right They don't worry about that company that stock that investment right When the stock moves Close to the 50 day moving average and the 50 day moving average represents the average price That somebody has bought that stock for the 50 days, right? That's what it represents That's exactly what it represents for the 200 day moving average. It's the average price firms companies Individuals have paid for that stock, right? so if you're making money if you're in the plus of this stock that you've invested in Right, then you're not too concerned about it Once the price starts coming down and touches the average price Which is the average price which could you could think about as the price that you paid Right, then you're gonna go. Hmm. I hope it goes up. I hope it doesn't go down right And if people have been following this stock For a while and it's been trading above the 50 day moving average and it comes down to the 50 day moving average They're gonna go. Oh sweet. I can pay the price of a 50 day moving average to buy this. That means um I averaged down to a certain degree, right? and that acts as a Support level and it bounces the stock up or it could bounce the stock up Sometimes when you see Corrections The price cuts through the 50 day moving average real fast And what happens once you're below the 50 day moving average just pressure On that stock or the 200 day moving average for people To sell before their losses become too much, right? So people just start selling so there's a little bit of pressure on it or People that wanted to buy in they start buying in right and then what you see sometimes is The price jumps up above the 50 day and does bounces around the 50 day Because the market is now indecisive people aren't sure if they want to hold on For more gains or sell before they have more losses. So the stock price starts doing this Bouncing around the 50 day moving average or 200 day moving average or 20 day moving average Right, it's the same sentiment when the stock price is below those averages when the stock price is below those averages There's a weight on this right when the stock price starts moving up and touches an average Then there's a lot of people saying oh, thank god. I recoup my money sell sell sell Right sell sell sell, right? So The 50 day moving average acts as a bigger resistance in my opinion than a support Right because people start selling they go sell sell sell sell because I don't want to deal with losses, right? Until it goes above and then people are willing to buy again and those Drumps above these sort of support and resistance levels are called Breakouts, right on the way up. It's a breakout, right? So if there's a certain Line average that people are following that they've given weight to When it goes above that people say oh the stock is doing a breakout And if it closes above this level then the stock might do a run up Okay, that's the way people think about these things. Okay, that's where the market sentiment comes into play Not economically viable. Oh my god for the man Catwalk no it won't work or end well if people don't have money to spend when more things become automated That's where they're the the powers that be capital's powers hoping ubi work again, which is basically slavery. It's gonna keep it's gonna Put a lot of people in in poverty You need people to have disposable income. It can't it cannot be held but Of such few no Machines don't buy shoes simple. They buy parts though, right? They buy parts. They need maintenance They use energy right, so Certain markets do profit certain markets will not right So it's it's not just You're replacing something where It's not going to consume anymore You're replacing something that was consuming certain types of products With something that's going to consume other types of products Right, so keep that in mind gang A lot of people say automation is Is going to kill the economy Which economy which market? Right a lot of people are going to get burnt Alligator Stupid waves so when I I am trying to look into buying a stock At what what average is it good to buy in when it's under under the 50 average line assuming it would Go back up. Well, if you're if you're going to be buying if if a stock goes Below the 50-day moving average goes below it with volume right and bounces 50-day moving average can't break through it If it starts skimming it it could go either way up or down right But if you think it's going to go down again starts going down then the 200-day moving average in general Is a good support level The 200-day moving average Is one of the most solid support levels there is It can cut through it But it does Tend to bounce take a look at this thing like here's the one-year chart, right? Here's the 200-day moving average And on What is this September 23rd. It did a bounce off the 200-day moving average went up over here broke in November End of October beginning of November it was below the 200-day moving average down here And then it kicked back up and cut through the 50-day moving average like butter, right and over here in this area you see the Um 50-day moving average acting as a bounce line and over here too 50-day moving average And acting as a bounce line, right? So it really depends If you're planning on buying into a certain stock you should follow that stock for a certain period of time or at least look at the chart Right look at the chart to see how it's behaving is it constantly breaking through the 50-day moving average If it's constantly breaking through the 50-day moving average then Maybe the 50-day moving average is not acting as a good Support or a solid resistance Maybe you need to look at a 200-day moving average if the 200-day moving average is holding out well for an extended period of time then Maybe if it hits the 200-day moving average that would be a good time to buy into a stock, right? Oh my god machine economics indeed Evil to hope there's no fear about automation the automated Devices need people to build sell and maintain Plus a backup in place when they Outright fail of work with automated devices for two decades. Yeah. Yeah That being said There are machines that build machines. So some of that stuff is gonna Become even more automated And in general you don't need as many people to maintain a machine Then people that can mimic a machine, right? But there are jobs that are created in other industries services indeed both for the machinery and Other things right sleepy waves. Could we look at another stock using these two lines? Sure Which stock do you want to look at before we do let me show you one more metric? Let me show you one more metric. How's our time? We've got about half an hour left. Let me show you one more metric And this is the Bollinger bands. Okay. This is important Bollinger bands are basically The one standard deviation away. Let's look at tesla. You want to look at tesla? Sure. That's one standard deviation away From I believe is one standard deviation. I should look this up a little bit more one standard deviation away From the stock price, right and the Bollinger bands act as Resistance Right because anything that goes away one standard deviation from its price point again That price point acts like a magnet and pulls it towards it, right? Two standard deviations a lot more because one standard deviation 66 No, 65 points whatever amount of data is in one standard deviation away from a point, right? And two standard deviations contains 95 of the data, right? So the stock is going to be trading within that range two standard deviations 95 percent of time And 65 percent of time is going to be trading within one standard deviation away All right Okay No, I don't I want to look at tell right you want to look at tell right which okay We need a second which who wants to look at tesla who wants to look at tell right? Okay So keep the uh, Bollinger band Bollinger bands in mind as well Okay Who wants to look at I'm an old-fashioned kind of guy 500 bucks in my wallet Good pair of shoes and a cot to sleep in haha. Oh my god Don't become a lighthouse keeper. Don't become a lighthouse keeper Which one we can take a look at both of them here. Let's look at take a look at both of them. Let's look at uh tesla first So we can um, we can save this store the setting So i'm going to store the setting check this out in here. It's got a store setting I just played around with this today, right? So we're storing the setting. It's got that thing set up here So what we're going to do is we're going to look at tesla tesla symbol is tsla Okay, tesla And let's look at the advanced chart. So it pops up. This is where it's trading at And here's tesla, right now. What's happening with tesla right now is Pretty cool, right looks like it's bouncing. I'm sorry if this isn't big enough I haven't figured out how to make this bigger unless other than moving into this lower time frame We will right take a look at this thing tesla right now is bouncing on the 50-day moving average It's it did a skim off the 50 day now It's touching the 50 day from the one year look on it, right? It's still above the 200 day and the bullinger bands are or let me show it to you this way are coming in together And that is going to indicate major movement either on the up or down, okay This is not financial advice. My guess is going to be on the up Now since we got tesla up, let's zoom in closer So we're going to cut this in half now. Look at the six month. Can you take the bands out? Take the bands out. Sure. Let's take the bands out. And here's the bands, right? Uh Multiplier two and 20 day. We should have done the 50 day 50 day 50 day is better Should we keep the 50 day? Do you want to keep the 50 day or no? No, no worries about the cab's sleepy waves Do you think ellen intentionally does press on a timeline to cause the spouse? Oh, yeah Yeah, ellen is plays the market like like mad. He's one of the best market players there is right So should we take out the uh bullinger bands? We can take him out 50 day looks better. I like the 50 day tell you the truth. I don't do the 20 day Okay, sleepy ways. Do you want it in or out? I want to pop another plum while you make a decision another plum What the bands are think about this. Okay, it's basically No bands playing music. No bands. So bands play music bands play music Basically the fifth the bullinger bands is telling you The stock is trading within that range for a certain period of time But let's take him out. We'll talk about bullinger bands later what Because it is cleaner Yeah, so you can take a look at this. So this is a one-year chart for tesla Okay, we can see here Where it went really above the 200 day and then boom boom boom boom pulls it back pretty much did it bounce off the 200 day here skimmed the 200 day here bounce between the 250 day Came into a channel and this is called coming into a channel now. Let's break out and break out from a channel so This indicates that it might be popping up A stock market is gambling Ha evil to hope let's look at the six month, right? Here's the six month. Okay Here's the three month Right now You guys decide if you were into buy-in If or if you were into playing tesla, would you be going long or short on this? So playing powerball is like being a stock trader Yeah, but you're on the pink sheets Right, I won 13 50 during Euro champion. Ah, right on great investment. Well, it depends how much you put in elder god Here's the one month Here's the 10 we're not going to look at the 10 day really 10 day 5 day because this is getting into day trading Right and one day Right So it's going back up again, right Let's stick gears one month three months. Let's stick with the six month. That's the six month for tesla Oh, that's the profit. Nice. Oh, you won. Okay. Nice 13 50. Nice Sleep wait, it seems that when it goes under it keeps jumping over the 50 day line While some stocks some not so Right some not so Right So let's take a poll right now. Who thinks and this is the best way to do this by the way Keep this in mind right now You can do a What do you call it? Just a play Right, make a note tesla is trading at 650 Right on July 15 2021 make a note for yourself If you were playing this would you go long or short long meaning? Do you think this is going to go up or do you think it's going to go down? You decide here's the one year Okay, here's the two year now. We should look at further watch this now the two year we're into weekly um 50 day moving average 50 week moving average and 200 week moving average Do you believe allocating at least 15 percent of each paycheck should be put into stocks? Of some kind. No, I don't think they should be put into stocks only I think you should take 15 and invest it somewhere. I I don't agree that it should go into the stock market. No that's keeping Abyss alive Why would you do that? Stupid waves. I'm talking about tesla like it goes under the black line, but then it comes Back up. Yeah to a certain degree. It's it's showing good strength Right, if you go to the one year again, it's going below it like I said It's acting as a magnet, right? So it goes below the 50 day moving average. Take a look at this This part here, right? This is um March 8th 2021 It went below the 50 day and bounced basically off the 200 day moving average and went up to the 50 day so The stock was here Cut went below the 50 day bounced on the 50 day came back down hit the 200 day to 200 day acted as a support Bounced it back above the 50 day now the 50 day was fairly high relative to the 200 day So the 200 day was acting like a magnet and pulling the 50 day down as well Right because the 50 day is the average of the stock price So the stock keeps on bouncing between the 250 day when it does that it's called going into a channel, right trading channel To a certain degree with a boolean or a bullinger bands coming in and then Breaks happen when that happens either on the downside or upside Okay Oh my god, look steady Evil to hope high reward high risk high reward high risk some Z ambitious z are you a lighthouse keeper? I did watch the lighthouse a couple of days ago though. What a movie what a movie now Keep this in mind. So this is a daily moving average when we go into the two year Now we're into the 50 week moving average and 200 week moving average Right, and you're taking a look at this and going. Oh, okay. If you have a two year time frame in mind We'll look at the tilray Sleepy waves after this. I'm just going to zoom out on the on the time frame on this Okay, if you're looking at this you're going. Holy Kamoli's this thing is so far above the 200 Weekly moving average the 200 weekly moving average for for uh tesla is 200 and What is that? $290 right and right now is trading a $640 $50 is it gonna cut cut through butter? Is it is it is this going to do is tesla going to do what it does? What it what it does on a yearly basis as what it did on a Basically monthly basis weekly basis, right? So this is daily in one year and here is weekly, right? Do you see Sort of a same type of effect right see the difference here between the 50 day and 200 day moving average on the stock price and then when you go to Two year look at that. It's doing the same thing because we look at the same time frame, right? Now is this in here going to do what the one year did, right? But if because if you look at that over here, that's where it would be and is it going to cut through that? Is it going to go down? possibly Ambition ah nice ambition. Thank you for telling me how to pronounce your name Evil tool would you recommend focusing on a few shares? Shares high cost stocks or a higher Quantity of low cost stocks. I would say diversify into both Here's the three year chart right For tesla like look at this thing, right? Here's the five year chart And five year chart you no longer have the 200 day 200 month Period. Oh, yeah, we forgot to mention the month. So on the three year You're still in a weekly basis. Take a look at this and you can change this by by the way You could change it to a monthly and it just smooths the whole thing out, right? But keep it on a weekly on a three-year basis. You could change it on a daily. It's going to be really noisy. Look at that They can't even do it. It won't even do it actually, right? When you go to five year now student on a monthly basis, you can do this on a weekly as well Let's see if you'll do it. It does do it nice. So here's the weekly for a five year chart 50 week average The black line 200 week avalanche average and the weekly average price right for tesla as of july 11th I guess right 2021 right and then 10 year Evil tool. I appreciate all of this guaranteed financial advice you're giving I am going to put everything I have into the market now. Don't do it. Here's the 10 year Right 10 year quarterly. This thing's just insane, right? Tesla just basically came about 10 years ago, right? Here's the all right like 11 years ago It came to be so in 10 years. It's done this this thing wants to do the calculation on a Quarterly basis, but not enough data. So let's change it to a monthly basis. Let's see what we see Here it is on a monthly basis. Can we do it on a weekly basis? Weekly basis. We should get the 200 day as well. Nice So the vic dishes then So lin vicious vic Just 10 wow, right? Indeed now Let me tell you For family I had bought into Tesla for them back in 2010 2011 okay 2010 2011 stock price was after split. That's what did a five for one split or one to five. Yeah five for one split It was 25 dollars at the time. Now it's five dollars. Now it's 650 dollars. That's your return Right, and this is what it looks like right now On a 10 year basis on a weekly chart Okay, can we even do it? Will it even do a daily? I doubt it Oh a daily doesn't no. I won't do a daily kicks back into Quarterly, right? How much of my total assets should be in the market? Which market you mean wall street? What's the best frequency to use? It's up to you. I think you should take a look at all of them Sleepy waves The more data you have the better Okay, so as far as i'm concerned take a look at the weekly And take a look at the monthly Right Wow, this is seriously above the monthly average, right? Take a look at both of them. Nothing wrong with that. Yeah, what percent should be in wall street? For me, I got zero percent on wall street Okay Just letting you know Now we've done this. Let's look at till right Let's bring up another chart Let's store the setting Let's go till right Disclaimer gang family has oh, how come tiller is not coming up on market watch? Don't tell me it doesn't do till right. Oh, maybe more no market watch must do Advanced search. Let's do advanced search. Let's see till ray search Advanced search keywords new source Yeah, it doesn't look like it does till ray market watch. I don't know why I wouldn't do till ray Maybe till ray's market cap here. We can go here Let's look at till ray It's on the nasdaq. It should do it But it's not. Let's see till ray ink copy All right, here's till ray They are censoring till ray Sleepy waves even more of a reason to to go buy this Oh my god Nice Let's go. Let's do a search again till ray Oh, there it is nice I don't know why I wasn't doing it Let's do the canadian. There you go What the hell? Investment in free stocks. So we're gonna go to advanced charting again Like how? Oh, it doesn't have very much data on it. Why not? Oh, it's only got this much data on it That's pooper scooper What What okay, hold on. Let's do another search till ray Let's do the nasdaq. Maybe the nasdaq data has more All right, and by the way certain stock trade on multiple Uh exchanges, right? So till ray trades on the canadian Stock exchange, I believe in Vancouver or was it tsx? No, it must be tsx Nasdaq and as well as the france one, I believe I'm down to look at hexo. If not at the sad Sad as data, I know hexo hexo and till ray. I family has Disclaimer family has positions in both till ray and hexo Take a look at this So this is 10 year. Let's go to five year Let's go to three year Here's the three year chart. Let's do the daily Oh, I won't do the daily. It doesn't have enough data. So three year Chart for till ray. It doesn't really give you too much information Tell us where it started where it ended up how high it went And where it is now. So the peak on it is 148 dollars 150 dollars, right? Now is trading in 14 dollars. That's 90 percent below its peak For me when a legit company in a legit market is 90 percent below Their peak is a good time to seriously start looking at them when they're 95 percent And possibly build a position on them when they're 95 percent Below their peak if it's a legitimate company in a legitimate market Is it might be a good time to build a heavy position on them if it's 99 percent below their Top and it's a legitimate company in the legitimate market Personally, I have gone heavy on certain stocks on that way in the past Would you suggest investment in energy futures? No, a future is a different game man. The future is a different game Here's the two-year chart. Let's do daily Nice. We're getting right and take a look at this thing Till rays fluctuates a lot. That's a 200 day moving average the green, right? Why is it like that was because You know, if you did the three-year chart, it was trading 146 dollars 150 dollars. Here's the one-year chart Here's the one-year chart right Again, there was a huge peak it went from and by the way again when it was trading Down here at around You know less than 10 less than five when it was around 250 because it went from 19 dollars and then covid Lockdowns hit it dropped down to 253 dollars And I sort of said it's it's a company that I'm seriously looking at seriously looking at And I sort of recommended it might be a great company to buy into in from there it went from 253 dollars and it peaked at 60 over 60 dollars Right and during that time I was saying I would be selling selling selling and For me, I mentioned that and it came down and right now Family disclaimer has position in tilray, right now take a look at this thing above Way above the 50 day and 200 day Right way above and it's gone exponential log worth my expense. Did you buy a three dollars? Sleepways, I can't say Information I can only tell you that I personally I have not gone into the market. Okay But I did recommend to people that might be a good. I mean, I did it online as well, right During the live streams. I was mentioned a few times. I think you were really asking me Sleepy waves. Was it you that was really pushing which ones which ones can you tell us your social security? Do any of the free speech platform sell stocks I don't know elder god right And then what it's doing is it started dropping down like mad doing bounces bouncing off the 50 day going up to You know bouncing off the 50 day, which was 21 dollars going up to 30 something and then went Cut through the 50 day and bounce below the 50 day and then came down Hit the 200 day Bounced the 200 day hit the 50 day bounced the 200 day broke through the 200 day Right, that's not a good sign and then went back up skimmed the 200 day went up went into a channel Broke on the upside on the 50 day, right Love I love a yes I wanted to learn about them and look at me now still learning about sleepy waves. There's nothing wrong with Learning about these things. It took me a long time to get a handle on the markets, right? Now till rate went above the 50 day, right? And the 50 days 18 at the 50 exponential moving average 50 day was 18 the 200 day was 15 and the stock traded at 21 looked like it was going to do a breakout and then It broke through the 50 day and kept on bouncing between the 50 and 200 day now If you look at zoom into this It's hit the 200 day here. This is the three months chart. We're looking at this is a daily, right hit the 200 day Came up to the 50. They did a little bounce and then broke through the 50 day went up above the 50 day Cut through the 50 day again came back down Try to bounce above went above came back down sort of fluctuating between the 50 day now It's gone and hit the 200 day, right and it's trading below the 200 day moving average That's pressure Right, that's pressure. Did it do that before sure it did right here? See this it went below the 200 day now one thing you have to consider is it's important as well is The direction that the 50 day in the 200 day are taking are they on the way down or on the way up When they're on the way up they pull the stock up when they're way on the way down They pull the stock down, right? Right now the 50 day and 200 day seem to be fairly flat for till right important, right? Oh, looks like the 50 day is on the way down But the 200 day still has an uptrend to it, right? Oh the god, I like to invest for the future money is great But protecting the financial future of my nieces is my primary objective. Yeah Indeed you got it We got to take care of family because they were they are one of the best investments that anyone can make because For most people your family will be there when you need them, right? You're investing in your future Right, they will be there till your last breath for most people So is till right a goodbye. It's under heavy pressure. It's under heavy pressure Right, but it's below the 200 day Is it going to do a repeat and go Hit the 50 day and keep on going up or is it going to continue to go down? And you can say the same thing regarding tesla, right? That was good data. We looked at gang. I'm going to turn my camera back on because We're up to two hours okay and We covered a fair bit Let me turn on the chat as well. Ah, the kitty cats are waking up. Boom Lots of chat lots of cheetah chat whoop They're playing Elder god evil. No evil to hope the family are very valuable in the right market. Remember it's a lie Funny elder god money is a tool not the holy grail indeed a lot of people forget that right? They think money is the end game. It's not So the data said it can go either way basically Right, the data basically told us There's going to be movement happening. We'll tell right Right, which ways are going to go? Back where we started back where we started Indeed indeed Elder god seven movie club. Oh nice. Let's pick some odd nice gang We got one more stream coming up in this set and that's on saturday. Thank you elder god Saturday from 1 p.m. To 3 p.m. PDT my time we're going to recommend movies and Watch movies for our movie club streams that we do. So we're going to Get some homework Homework that we need to we need to do to watch some movies. We just did a movie review last Stream yesterday and we're going to pick movies On saturday if you can make it so drinking water out of a cup made of one dollar bills won't give me Eternal life. No, I'll probably kill you. You'll probably kill you. I'm jealous It's 11 p.m. Your time and not 1 a.m. Like it is in the east coast. Yeah Nightlife is not a bad life. I don't mind nightlife I want good nominations this time me too. No buck rogers. Please see if we thank you chichou for this breakdown I really enjoyed looking at the data my pleasure. I have my nominations ready. Nice. I gotta get mine ready. I gotta think gang Thank you for being here. If you want to know what this work is about I am on patreon patreon.com forward slash Chichou ch y c ho if you want to support this work If you want to follow this work patreon is a good way to do so I don't put anything behind paywall. Everything's creative comments share and share Like gang share and share like and for those of you that support this work on patreon gang Thank you very much for the support Evil to hope thank you chichou for sharing your knowledge inside and humor my pleasure. I like the humor part We are live streaming on twitch twitch.tv forward slash chichou live ch y c ho libe if you want to participate in the chat Twitch is where you want to be out in gang. Thank you for the follows. Thank you for the subs and mods Thank you for taking care of business elder god financial streamers someone nomination a good financial based movie Yeah, I'm not a bad idea. Let me think about that too. What's a good financial financial series one is An anime it was amazing series had a lot of currency involved I would I would have loved to have talked about currency in this as well Maybe in the next one. We'll take a look at currencies Gang I do announce these live streams 30 minutes before we go live on mines vk gap parlor clout And we do have a discord page You can come to our twitch channel anytime you want and type an exclamation mark social and all those links will pop up Including our discord link right there Right and you're welcome to join us On that server Wall street with michael dies. I was thinking about that too punish your mags Right greed is good greed is very good There's amazing wall street documentaries By the way market documentaries wolf of wall street is really good too. I've seen that and the other one The one about the housing markets With the guy calling the puts with the batman guy that was really good. I forget what was called We will be uploading the audio of this live stream to soundcloud.com forward slash chicho as a podcast And this podcast should be available in your favorite podcasting platform including spotify and itunes And we will be uploading this live stream the big short. Yes, bugsy. That was a great movie And we will be uploading this live stream to censor tube to pitch you to rumble and to odyssey And for those of you that are supporting this work on all these platforms or any of these platforms gang thank you very much for the support the kitty cats or doing a little wrestling and gang don't forget As always free assange free assange free assange julien sange the publisher and journalist That is being crucified for trying to bring transparency and accountability of capitalist power to humanity For more information see wikileaks dot org defend dot wikileaks dot org Or our julien sange and wikileaks playlist on censor tube Aside from that gang. I'll see you in a couple of days saturday 1 p.m. 3 p.m. My time or 1 p.m. Starting my time for movie recommendations Is there one on the wall street crash of? 20 1929 i've seen one black and white one. I can't remember what the name was It was pretty good. There was one that was recent. What was it? Oh, man, that was a brilliant movie. That was a charlie chaplin movie. There was a charlie chaplin movie that does it It was really good We'll try to be there awesome clan this time gang. I hope you have a fantastic next couple of days I'll see you guys on saturday if you can make it. Bye everyone