 Welcome to the rich TV live podcast. We're going to talk about the hottest stocks of the day right here live and interactive on rich TV live. All right. So right now the hottest stock of the day is MRI and up 146% now 147% you can see the huge gap up here pre-market what it did and then it continued to shoot higher. So on the day where inflation is running hot and the markets red MRI and is really strong up 148% and it's traded always look at the volume traded 200 million shares. The average 30 day volume is 7 million shares. This is the bottom right of the screen average daily volume is 7 million shares today is traded 200 million shares the biggest mover of the day 148%. So why does it go like this because everyone that's a day trader everyone that's an investor everyone that's looking at the markets looking for momentum they're going to see this stock because it's the number one mover. So that's what happens they all jump in you get this huge candle of buying a lot of that is retail and institutional and then you get this massive wick and then it pulls back because investors are taking profits day traders are taking profits insiders institutions anyone that's holding stock in this deal probably selling today this is the 52 week chart you could see it's the highest it's ever been in the last year. So you got to assume that investors are taking profits right now on MRI and up 147% on the day ADIL up 66% on the day this is the yearly chart and then you can see here how it's been higher came down and it did this gap up this is the open space is the pre-market move what it did you know with all the excitement pre-market and then explosion higher okay so this is one to watch ADIL up 66% on the day remember it's a red day so you're not going to have as many big movers typically on a red day and here is IFBD you can see what it's done today IFBD up 30% at $5.37 and look at their volume traded 19 million shares the average daily volume for the last 30 days is 1.33 million shares so the volume is way higher than the average daily volume more than 10 times that is typically a sign that there's a lot of people getting into the stock a lot of volatility and that's where you get this price action WNW they're up 28% you can see that gap up was the pre-market move and then the move after it opened up so investors are chasing momentum today you can see it in the way that these are trading how they go up and then they go up even higher investors are buying these after they open up because they're looking for ways to make money rent they're up 33% today huge big green candle this is the daily candle so lots of buying the average volume only 79000 today 1.14 million so really big volume today on rent now at $6.99 and up 28% on the day is rent all right let's look at what else we're watching in our watch list doge up 3% micro strategies one of the largest holders of bitcoin in the world up 2% coinbase up 2% as bitcoin is rallying as a hedge against inflation on a day where inflation has gone higher navidia they're in the green today bouncing after pulling pulling back grayscale ethereum trust ethe which is ethereum essentially as a stock which i really like they're in the green today after being in the red ibit also in the green after being in the red and gbtc the grayscale bitcoin trust etf also in the green meta in the green today formally facebook looking strong ethereum at $3500 and in the green today and bitcoin at 69227 in the green looking like a hedge against inflation investors flocking to bitcoin and ethereum as inflation continues to run hot and that's not good for the market and why we're seeing a lot of red amazon in the red today after a big green day yesterday gold bear gold in the red today gold slightly in the red today salana they're also pulling back today google after all-time highs yesterday pulling back today slightly hood robin hood they've got crypto they are in the red today arm an ai ipo that we are watching every day closely they're slightly in the red today but only less than 1 apple down 1 i think this is going to be a buying opportunity long term riot continues to go lower down 1.7 this is the nazdaq 100 etf they're in the red today as the market is giving back gains on the news of higher inflation s and p 500 in the red today dow jones in the red today 559 basis points so a big drop today for the dow jones s and p 500 down 65 basis points or 1.27 percent and the nazdaq 100 down 1.2 percent so big red day in the market today market's giving back gains microsoft seeing selling today down 1 percent mara a bitcoin miner that i really like they're down despite the fact that bitcoin's slightly red and tesla after going up yesterday nicely giving back those gains and down so the market's super choppy it's like up one day down the next up one day down the next uh really tough market right now reddit one that i'm very interested in hitting pretty much all-time lows today so i'm watching it closely but i just i'm worried it's gonna go lower and i can't just come to buy it because i'm worried it's gonna go lower so i mean we'll see what happens but i'm watching reddit very closely down six percent today so out of everything that i'm watching reddit is the one that i'm i'm very interested in and might have the biggest potential gains um from here because it also has the biggest potential losses for the day it's down six percent out of everything that i'm watching so we'll watch that closely but the biggest mover of the day is mr in now up 155 is mr in followed by ad il up 67 percent and if there's anything moving that you think i should be watching please let me know put it in the chat oh we do have a message in the chat no all right i have bd up 32 percent big move for i have bd today we're watching them closely and w and w up 29 percent rent up 27 percent so those are the five that i'm watching today those are the five biggest movers and then of course i'm always watching the mothership bitcoin which is sitting at 69 278 dollars mr in the biggest mover of the day up 157 percent right now huge move for them let's just see if there's anything else that comes up on my radar big red day overall you could see that uh taking away all the enthusiasm out of the market not too many gainers but we are definitely watching all the ones that are moving here's another one that's moving actually wave here's wave they're starting to move let's take a look at wave let's take a look at wave they're up 50 percent and you can see that they've had a huge week they had that huge move on monday that a nice pullback yesterday and then another big move today so wave has been a little bit of a day traders paradise this week traded 12 million shares in volume today the average daily volume is 1.87 million so it's done a 10x in volume today that is extremely bullish on wave you can see it has been higher in the past but it is trading at a 52 week higher right now so please be careful proceed with caution and it is doing a lot of price discovery right now so going to be very difficult to determine where it goes from here and you can see the last time we got to this level it's sold so it's going to be very difficult to see if it can just continue up or will it do a pullback like it did yesterday and i mean you can clearly see how it had a huge move on monday and then that big red candle was that pullback yesterday and now it's having a big green day today so based on this pattern we could see another pullback tomorrow so just be careful when you're trading these assets if you're trading momentum because a lot of times what goes up will come down in these markets we're seeing a lot of that very very choppy market we're having right now been one of the most choppy markets i've seen in quite some time so that's why for me i've been really focused on bitcoin because i feel like bitcoin is almost a cheat code and in choppy markets bitcoin has been extremely resilient i mean look at bitcoin for the last year so you can see bitcoin has gone from where was it to start the year uh 50 000 where we're 41 january 1st we're at 45 000 we're now at 69 000 so bitcoin essentially has gone up another 50 percent so far this year since january so obviously it has been a little bit of a cheat code and ethereum has done similar ethereum has also moved up very very nicely since january you can see here in january it was at 2,300 and now we're at 3,500 so ethereum has also moved up 50 percent see here let's go back to that you can see the ruler here and see that we are up 51 percent oh not there we're up 53 percent roughly 53 percent on ethereum this year we are up on bitcoin let's go to the day january 1st there it is we're up on bitcoin similarly 57 roughly 57 percent this year since january now a lot of people will say well now should be the time to sell right well yeah yeah it should be but it's not because we're about to go to a bitcoin halving which historically has been huge catalyst for bitcoin and taken bitcoin higher so because we've we've we've got the bitcoin halving coming in like eight days that tells me that historically bitcoin's always doubled from there at least if not more so there's a good chance that we could see bitcoin doubled from here in the next six to 18 months so this is a very exciting time for investors in bitcoin and it's affecting the stock market because there's a lot of bitcoin related stocks like gbtc which is the bitcoin etf and ibt ibit the other bitcoin etf with black rock you can now buy these stocks and it's like buying bitcoin but it's a stock you can buy coinbase these are three different stocks that i really like and this is like buying ethereum but it's a stock these are three stocks i've talked about a lot that have done extremely extremely well so you could literally be making money buying stocks and not actually have to physically hold any bitcoin that's absolutely game changing and that's what i've been doing to make money in these markets because these markets have been really choppy and even the biggest stocks in the world have been struggling in some cases some have done well but i mean when you talk about the biggest companies in the world that are struggling how about apple they're struggling let's take a look at their yearly chart that's been apple this year that's been a struggle it's still up but it's come up and it's come down it hasn't had a good year so far right in the last year in the last 12 months they've had a struggle same with tesla tesla's had a struggle too why because these stocks had really big years last year and they have not been able to maintain that momentum so they've been coming back down now does it mean that they won't go back up absolutely not i believe both will go back up i think both are really good buyers right now the problem is is they have to report strong earnings and they have not been reporting strong earnings they've had some parts of their earnings that have been good but they've had some parts of their earnings that have been bad sales of tesla and sales of apple have kind of slowed and because of that stocks are going down now if they do report strong quarters we'll see them turn around and the stocks will start to really rip but this could be the time to buy them now on the opposite side we have a couple stocks that we're watching that are doing really really well like amazon which is trading right around all-time highs this is amazon right around all-time highs and google trading right around all-time highs hit all-time high yesterday so there are a lot of stocks that are trading at all-time highs which makes it risky because that's a great time for people to sell right hubba meta meta also trading around all-time highs so those are three big companies that are trading at all-time highs and then there's an apple and a tesla that have led rallies in the market in the past that are not trading at all-time highs which could be great buying opportunities and i think they will be because i believe we're in a world and we're in a market where the rich will get richer the bigger companies will figure it out because they got so much money they're gonna figure it out might take them some time they might go down a little bit they might have to restructure a little bit but eventually they're gonna figure it out because they got tons of money they can do share buybacks they can do lots of different things they can do acquisitions they can do lots of things to accelerate their growth and that's what's going to take them higher and these red days are days where as investors we can look for opportunities in the market but my problem is are we going to go lower tomorrow so i'm not in a rush to buy anything today because i want to see what the market's going to do tomorrow so i'm going to be patient i'm not going to be chasing anything but if you do want to chase momentum there's stocks like MRIN which are doing really well today and up 156% but i feel like i already missed it i might be wrong i might go higher but i feel like i already missed it there's ADIL they're up 69% but same thing i feel like i already missed this move so i don't want to chase it now IFBD up 32% might go higher hard to tell it's just like stuck there WNW up 30% could go higher but hard to tell rent we just looked at rent it just went down a little bit it's now 24% so it's a red day stock market is kind of dead and realistically for investors this should be a really exciting time because there's some really good things happening especially with bitcoin and with the bitcoin having coming right around the corner i think this is a massive catalyst that can make us a lot of money and in a very choppy market this is where my focus is right here the bitcoin having eight days 20 hours and 32 minutes away that's my focus and i think that's like a cheat code and that historically has always taken bitcoin higher and we are eight days away so to me this is like the calm before the storm and we are about to see some crazy price discovery for bitcoin as you can see bitcoin trading right around all time highs and full disclosure i do own bitcoin and remember that rich tv live is strictly for information and education purposes please do your own due diligence and do your own research before you invest in anything we talk about to discuss here on the rich tv live podcast we're investors just like you i am analyzing the market trying to make good investment just like you it's very difficult in these types of markets but we're able to do it a lot of the times and i like to look for trends and i like to look for easy investments bitcoin right now has been on an epic terror and has been a relatively easy investment that's could change at any time but historically after the bitcoin having the price goes even higher six to 18 months after the having and we are about to do the having in eight days we are eight days away 20 hours 31 minutes and 45 seconds from the next bitcoin having which is going to in april 2024 the block reward will be reduced from 6.25 bitcoin per block to 3.125 bitcoin per block for bitcoin miners that are mining bitcoin the amount of bitcoin they can mine will be cut in half historically this takes the price higher because miners need to make more to make the mining profitable and that's why the price goes higher and we'll be watching that very very closely very very closely and i think this is something that everybody should be writing down i really think you guys should be writing down this date you should be tracking this i think it's very important and i don't think a lot of people really truly understand this but this is huge the bitcoin having is a huge catalyst for bitcoin and if you follow this you can make tons of money and you can see bitcoin right now at 69000 and trading around all-time highs and the bitcoin having hasn't even happened yet and if you look at what happened here in the last bull market it happened after the bitcoin having exactly four years ago and this big move here happened in the fall which is when i expect us to have a huge move in the fall this big move happened of 2020 after the bitcoin having which happens every four years well this has happened before the having so if this happens this fall that means september so we're like what we're in april may june july we are five months away from this parabolic move in bitcoin which happened in the fall of the last bitcoin having in 2020 we have we're in the spring of the bitcoin having so we are a long here's it here it is i just marked it up here with this blue trend line this was what happened in the last after the last bitcoin having in 2020 bitcoin when parabolic went from 10 000 to 63 000 it did a 50 times it went five it did a 50x if we get that my goodness if we can get a 50x in bitcoin in september until april of next year oh my goodness that'll take bitcoin to like from like 70 000 to 350 000 dollars could you imagine and what would happen then for stocks like eth which is tracking ethereum and where would ethereum go and what would happen then for stocks like ibit which tracks bitcoin the black rock bitcoin eth that's what i'm thinking about and what would happen with stocks like coinbase which is where nine of the bitcoin eths are putting their bitcoin for safety you can already see how coinbase has been on an epic run and i think we're going to see coinbase go to all-time highs on this next bull market which is literally eight days away the next bull market starts in eight days eight days for the next bitcoin bull market this is the pre-having bull market that we've gone through which has been phenomenal it's been great i'm sure you guys have done well i know i've done well and i hope you will continue to but the reality is the bull market hasn't even started it doesn't even start until the bitcoin having and we haven't even started the bitcoin having yet because we're eight days away that is going to be the launching pad and a lot of people that don't understand bitcoin don't get this guys like peter schiff he doesn't get this people that have not been watching bitcoin for like years like me they don't get this this is your time to go all in on bitcoin because we're about to go for a crazy ride and we're not only five months away from one of the most epic rides of your life i promise you that it's going to be crazy and we get a chance to be part of it so it's really really exciting we'll be here every step of the way i'm your host of the most your boy richam rich tv we are always tracking the markets 24 hours a day seven days a week it doesn't matter where in the world we are mr i n up 156 percent today followed by ad il this is the move by mr i n ad il up 78 percent i fbd up 30 w n w up 29 percent and rent up 27 percent micro strategies surging up over 1500 dollars up four percent doge up two percent coin base up two percent on a red day overall the video up one percent i bit the black rock bitcoin etf up slightly gbtc the grayscale bitcoin etf up slightly meta in the green as well today ethe the soon to be ethereum etf up in the green today slightly therian slightly green today and bitcoin slightly green today on a red day overall as inflation has ticked higher you can see here amazon in the red barrett gold slightly red google giving back earlier gains after hitting all-time highs yesterday in the red salana slightly red arm slightly red apple slightly red so overall red day and you can see here the nazdaq 100 is red down one percent today s and p 500 down big today 53 basis points and 1% microsoft down 1% today and the dow jones down 471 basis points 1.22 percent today riot a bitcoin miner in the red mara bitcoin miner in the red tesla giving back yesterday's gains they're down 3% today and in the red and reddit one of the ones that i'm looking at to buy down big today and well 5% and then wave one of the hot stocks today that is up 42% so there's one two three four five six stocks up 20% or more they include mr in up 146% right now adil up 83% and it just got a buy signal on the mag d here so looks like they could go for a run right here wave up 40% i f v d up 30% w n w up 28% and rent up 27% all right that's everything that we're watching i'm your host of the most your boy rich from rich tv if you're not winning probably not watching bring the winners ceo interviews breaking news training topics and we bring it to you first and we are watching the bitcoin having i just really want you guys to understand that this is the biggest catalyst for bitcoin because what it does it reduces the amount of bitcoin that can be mined every four years and cuts it in half and the black reward the block reward is going to be reduced from 6.25 bitcoin per block to 3.125 bitcoin per block in eight days this is the reason why bitcoin continues to go higher and why the price of bitcoin will go higher in my opinion and why we're going to be watching and tracking the price of bitcoin every step of the way throughout this bull market which is about to get started in eight days that's the rocket fuel for the bull market and some stocks will be benefiting from that like micro strategies mstr like coinbase which i just took a trade on in coinbase sold waiting for a drop so i can get in again i'd be it another one the black rock etf that i think will really benefit from the move in bitcoin and gbtc the grayscale bitcoin etf which is going to benefit from the move in bitcoin and then bitcoin itself as you can see here seemingly struggling to sell um get past that sell zone at 70 000 seems like there's a lot of sellers at 70 000 as bitcoin is trading around all-time highs which makes sense anyone that has bought bitcoin over the last 15 years can sell it for profit right now ethe is in my opinion going to be the next ethereum etf there in the green today and ethereum is holding that 3500 mark and slightly green for the day as well amazon after hitting all-time highs pulled back today google after hitting all-time highs yesterday pulling back today gold very gold after being in the green today yesterday pulling back today arm an ai play that has done extremely well this year pulling back a little bit today and apple i really like apple um they look really interesting to me in the yearly chart looking like a buy in my opinion but very interested to see what their report is going to look like in 22 days if it's strong you can see go higher obviously if it's poor we'll most likely see apple go lower this is the nasdaq 100 you can see down over 1 percent today microsoft down 1 percent today as well s and p 500 down 1 percent today dow jones down 1 percent today salana dropping and they're having issues with congestion in their network this is a crypto that i own but they're starting to really have some problems they're down 1 percent today riot a bitcoin miner down in the red today and mara continues to struggle and down 2 percent today tesla also in the red today is struggling today which i believe could be a buying opportunity and read it in the red today struggling today and i believe could yield a buying opportunity but it's difficult to tell because it's at all time lows and it's doing price discovery on the downside and it could go lower could definitely go lower so we'll be watching it very closely we really appreciate you guys watching the rich dv li podcast if you like these videos please smash the like button comment down below share the video everywhere and subscribe we always try to come live and share with you our trade ideas and our investment thesis and hopefully you're learning and if you like it like i said wherever we are broadcasting live please smash the like button comment down below share the video everywhere and subscribe and we appreciate your support and without you guys none of this would have been possible and we've been doing this for years tracking bitcoin watching bitcoin watching the stock market and it's a very exciting time especially if you're invested in bitcoin all right thank you guys for watching have a great day yield curve red day yield curve cpi numbers really coming in hot inflation higher than expected that's why the market is red today that's why it's a down day overall but bitcoin is rallying and proving to be a hedge against inflation and staying green in a red day all right thank you for watching have a great day i'm your boy rich and rich tv mr in continues to be the biggest mover of the day up 124 percent and bitcoin continues to steal the show in the green on a otherwise very red day in the entire market thank you guys for watching i'm your host of the most your boy rich and rich tv you can see this right here we are having red across the board dow jones red smp 500 red nasdaq red gold slightly red oil is in the green and the vix being a hedge against the markets and a hedge against all the volatility there in the red sorry they're in the green today up six percent the vix if you think the market might continue to go down vix might be a trade in fact let me just add vix to my watch list because i think that's actually a good idea if this continues to be red vix might be a good trade idea over the next little bit so i'm going to watch the vix uh let's pull something out from my list here to watch the vix let's pull off riots and we'll watch the vix i don't like to watch too much vix y so there's vix y and you can see that they are up 3.4 percent and you can see that they've been down all year because the market's been up and they've been really been going down for quite some time uh the last time they were up heavily was when the market did its crash during the uh pandemic the coronavirus pandemic and it's been really the market's been strong ever since so we'll watch the vix closely because that might be a way to trade the market if we continue to see this high inflation affect the market and take the market lower like we've seen today as you can see with all the red all right so the vix is a great way to be a hedge against inflation and a great way to trade the market if you think the market's going to go down the vix any of these vix products etfs could be good trade ideas uh vix y is one of them the pro shares trust vix short term futures etf all right all right have a great day we'll see you guys tomorrow we'll be watching the market closely and uh hopefully tomorrow is a better green day overall but once again if you've got bitcoin you've got a hedge against inflation and you're still happy because bitcoin is doing well in an otherwise very somber and red day bitcoin is still in the green and being resilient and being strong and retaining its trend up and we are eight days away from another massive catalyst for bitcoin the bitcoin having so stay tuned get your popcorn ready i'm your host of the most your more rich rich tv we'll see you guys tomorrow i'm a peace