 And then normally what you do Tim is have YouTube up to there, look at the chat, yeah, I can see it's live now. Okay, so this should be recording. Yep, all good. Tim, if you want to share your screens. Sure. So what we're going to do here is we're going to have a little look at, oh, if I could just get enabled for a screen turn. That would be great. What we're going to do is we're going to have a look at what Wall Street bets are doing at the moment. So we've seen a couple of days here where they're targeting, what have they been targeting, GameStop. So we've seen phenomenal upside on GameStop, 300%. And I think Michael Bury is on our trade too. He's up 1500% on a $17 million position on that as well. So we saw AMC also getting hit yesterday and I am a member of Wall Street Bats Reddit. And so by looking inside the beast, you can see what companies they're looking at to hit next. And so just from the cursory look this morning on last night, I saw that they're getting turned on to the silver space. And we found a company that they want to hit. It's called First Majestic Silver Mining Symbol AG. So that's what we're going to have a look at here. We're going to look at First Majestic, but also we're going to look at these other essential markets, essentially markets that they're looking at is the market on Blackberry, all right, the market on Nokia. And these two here on the left are what are the companies in the silver space. Now actually, this is a company AG, it's First Majestic Silver Mining. I said this on Twitter last night, I thought it was crazy, but they were really looking to hit the silver ETF SLV offered from BlackRock Ice Shares ETF SLV. Now I put out last night on Twitter, what did I say? I said something like if they're turning their attention to silver, this is going to be the biggest test that they could ever face. Now the reason why, from reading on the Reddit, I mean just to give you an idea, this is the Reddit here, Wall Street facts. It's actually a little bit easier to read on my phone, but I can't find the exact thread they have on silver at the moment. But if we can really monitor where these guys are coming into these markets, we can kind of see what's happening. So I'll show you now at 8 o'clock last night, once I was reading this, I went to look on the book and you've got to get into the woman at time frame. And sure enough here, if I make this full screen, you'll see on First Majestic here, this is on the woman. So we're looking at the overnight, but you can see these buyers now from pretty lackluster trading to suddenly this breakout coming in. Actually, really, I think the started about, yeah, around here anyway, 10 o'clock just post like after market. Essentially, look at this big bit coming in here, taking out a pretty key level 1638, then pulling back into the opening price on the market yesterday for AG, which really is a kind of a sleepy underdog share. And then picking up the bit again, so really from the opening price yesterday. Oh, hold on a second, we've got the percentage measuring tool here from the opening price yesterday. We saw basically just a huge volatility move down, which is not a mistake bar to where we are high of day right now we're up 47.85%. It's a similar activity to what we saw on AMC yesterday. And this is what we really saw in the early days of the bid into GameStop. However, you know, these guys have been lifting GameStop since Halloween last year, October 31. So I thought, you know, why not bring this out to people on YouTube to actually see live what these guys are doing. So we're going to, we have German CPI data coming out here, which is quite important to the futures market, but I thought this would be interesting as well to look at. You see the bar is coming back on here in the pre market midday, again, pushing us right up into this quite important 1915 handle that to give you a scope of why these levels are important. And this is going to the max monthly bars here. So, you know, bar of goals will be a minor and it should also follow suit with these guys start lifting the commodities market. But it's one thing to lift GameStop and an underdog share that could possibly, you know, transition to the online e-commerce retail space and frankly should do. Another thing to lift a global commodities market. Now, Harold Chan tried this in the 90s trying to corner the gold market. He's an oil man actually, but she made a fair amount of money in oil and tried to corner the gold and silver market in the 90s. He was unsuccessful with that. You know, I don't know. I'd like to get Anthony Ansam's ideas on we got retail, you know, really fill their boots up now. Are they taken out a bit more that they can to another just before it finished that the the sort of fuel for Instagram or search for Wall Street facts to get into this trade has been that they've gotten wind that Morgan Stanley have actually been fined a billion dollars for manipulation and market manipulation on the Seabot, which is where these metals are traded. There is no sign of they got done because there was no sign of market manipulation on the LME vote on the metals exchange, but they did get done. And what was discovered was that Morgan Stanley have been artificially keeping the price of silver down. The word in the Reddit right now is they want to drive silver to what their real world prices of $1,000. Personally, I don't think they can do it, but I'm going to enjoy watching them try. So that's something that we that that read that was discussed on Reddit. We're not here to discuss and any market, any singular market participants I must stress. This is purely observation from the Reddit. So, guys, what do you make of all this. I think you're muted there. So I was, I was having a look at some of your charts you had up just a while ago before we came on, and you had like the different almost targets and the patterns that they've been saying, yeah, here it is. Yeah, so, so the interesting thing is that they really do specialize in underdog type of equity or sorry markets like GameStop, like, like AMC, and I could probably take this silver off here. Yeah, okay. It's like AMC, and you'll see, I mean, you'll see that this thing is, you know, there has been a pattern to the charts, these are all monthly bars. The AMC was pretty much destined for the heap here. And, you know, you can see that they're just writing this thing up here. I mean, this move is far beyond any sort of deviation measure that you could measure. I mean, I think the 300 day moving or 300 month moving average, let alone 300 day moving average is still somewhere in around four or five dollars in this thing. So, but look at the price pattern of Nokia and Blackberry. Yeah, it makes sense that they have the same share price pattern, given that they are both telecoms hardware players that they get phased out by the move into the smartphone from Apple, but you do you can see that there is a slight pattern to these for sure. So, beyond then, I mean, it feels like, obviously, this has generated an incredible amount of media attention. I think if you look at the blanket of financial press, you know, the kind of monopoly man, if you like of Wall Street bets the character is kind of peppered everywhere. So obviously that in a way helps the behavioral element, because it kind of like just almost like exacerbates the attention on this 100% yesterday. I mean, it was definitely tied to this. But once, you know, if you fast forward, let's say weeks, you know, can can this type of assault in this way from this particular group of people market participants. I mean, is it possible to be sustained, can it be consistent or not because, because surely if I was a fund manager. I mean, whatever the case might be if they're leveraged and just coming out of these positions, trying to then say look at the moment. Well, then we're just going to have to reshape what we're holding on the shorts. And then if they're not there anymore, then what, what do these guys do then? Well, I think, you know, the futures market, we regularly see that, especially on sort of holiday periods, that markets can really move around on what is light volume. You know, essentially you're told what you're talking about there. And what we have heard this morning across the markets is that these hedge funds are stepping off a lot of their shorts. They're stepping out of the way because they do to a certain degree they do have to publish their position. And I've heard this morning on Bloomberg that they were they were they were doing that. And so I think Wall Street bets don't really care too much about that, given that they're, they're just driving these prices and they're making a ton of money in doing so. I mean, I think now these these positions are just going to accelerate to the upside by, you know, twice as fast as what we've seen so far, given that we don't have modern capital there holding shorts over GameStop. Wall Street bets now holds a huge percent out of that company, essentially, and it looks like they're going in to take a position in AG today, looks like. So how many of these companies are there for them to target? Yeah, well, just to give you an idea of what's going on in in the space right now we have this is the discord channel for. Wall Street bets now hopefully this doesn't crush the system because, essentially, just to give you an idea. This is a section here where a lot of the activity is taking place in real time, then the main focus discussions are actually taking place on the reddit. And but just to give you an idea of the activity on this board. In real time, I'm not scrolling now, it's quite in down quite a bit, but this is in real time how many people are coming onto the server. And it's just 1000s upon 1000s every minute. So that's all on 1259s then. Yeah, exactly. You put a message in there, Tim, to tell everyone to get in on Cineworld, don't be afraid of that. They're not going to like your 20% Cineworld recovery. I was chatting last night getting Barrett Gold in on the Silver conversation. It did get a little bit of interest, I have to say. And there were a couple of guys who are a little more sophisticated. They're kind of talking about the indirect trade to lifting Silver, you know, so looking at several miners looking at several different ETFs. But to be honest, the mob just wants calls. They just want calls and they just want underlying stock. So, you know, of one particular asset if you like. Apart from that, the meme stocks is where you really, in the real time, you know, you can't actually see too much in here, but it is really interesting to kind of get the sentiments. You know, there's Will DeLucey talking about Lithium. I don't have no idea. So, you know, this is just how it goes. People jumping in here saying, what should I buy, send me DMs, AMC, you know, again, the pump and AMC EXPR, I have no idea what that is. But really to get a good flavor, you need to go into the Reddit board, which I showed you just here. So a question then yesterday, obviously a lot of this focus spilled over because of the apparent kind of liquidation from some of these funds forced to cover these shorts. So, what can we expect from today in terms of the broader futures market that we look at today? Yeah, so I mean, I think because hedge funds are going to have to liquidate, or you certainly step off, maybe that doesn't mean fully liquidate, but they are going to cover puts and some of the puts. They are going to step off with the outright short positions. You know, I think, I think that's going to cause further downside liquidation. I mean, I was saying yesterday, if we finish on the lows on equities, I think that's just going to get more retail interacts in getting more put protection, more put downside protection. So that in itself becomes a self fulfilling, self feeding frenzy of, it makes sense if you're a Wall Street best retail guy that you want to you're really open your position now so you're going to want some downside put protection. And what happens when the market buys a whole lot of puts? The VIX goes up. And when the VIX goes up, equities go down as an equity indices go down. And so that's kind of what I'm hypothesizing for today. So then sort of bringing it back then, Sam, for looking at these the US index futures, what do they look like to you from a technical perspective today? Yeah, interesting, interesting. And I've certainly got loads of messages from from mates talking about all these markets. Is it time to buy the dip because we haven't really had a dip for a while. It's not massive dip, but one to be considered. I think the VIX it was the third largest intraday spike in history, I say, something like that, which was incredible, especially considering 2020. But yeah, for the S&P, for example, your middle right chart. I'm really I'm interested in that that low from really the cash token yesterday, 3764 let's call it. That's the line in the sand for me. I'm a buyer above there. You know, yes, in an ideal world you say could have got in on the double bottom lows. But me, I'm looking at it. I see the pivot there. I see a good area of support that hasn't necessarily been retested yet. If I'm a bearish person on equities intraday or even medium term, it has to be below there. So for me above there and yeah, I quite like it as a long on the flip side. You know, you've got the higher the day just been tested. 3746 rejection coming lower. You know, are we in a bit of a range between early hours of the morning and, you know, the European session. What's it sort of a 40 point range. That's your decision decisions got to come. And then, you know, the bears really have to take control or does that break in the balls coming to the downside below 3700. There is a lot of support as well horizontally. So it's not like it's, you know, game over and as such. But, you know, below there, I actually, you know, from a, and I'm not a massive myself in the nature user. But 3600 is there is an interesting level if we go from the sort of the end of October low to the all time high. It's interesting. It's the 31.8. The next next one. So yeah, there's there to the higher and that comes in around sort of 3600. You've also got, you know, an interesting area of support there, almost the previous all time high as well. And yeah, there you go. Sorry. Yeah. And that previous all time high from sort of what is it August September. I mean, I would bite your hand off for that. I think this market's going higher. Isn't it? What do you think Tim? Absolutely. If you get some, I want some too. Absolutely. 36 was 36. So yeah, I really like that area for sure. I'm looking at the Dow right now. It's actually a little bit heavy to be honest. I would expect what I would have expected just on a standard basis will be a bit of a better attempt on a retracement by this time of day. And we're just not getting it. So I think, you know, you're going to have to see gold coming down as that correlation is still sort of positive with equities. I think yet 3600 I'll bite your hand off as well for a bit of that. I love the support down there. Kind of makes sense. There is that sort of up channel that we're just, we do have to get below that up channel that you can see on the S&P here since we kind of reached back above those prior all time highs. You know, I think that was around September or so. Yeah, something like that. So, yeah, I think I'd actually like to let this market sell down a bit today. And then as it pulls back to somewhere around, let's see, somewhere around 20 EMA, let's say 38th maybe. It's a bit above that I'd like to like to sell that take it down to somewhere like 36. Cool. Well, also, there's a couple of other things obviously coming out this afternoon. We've only got about 25 minutes and we get the Q4 Advanced US GDP as well to throw in the mix ahead of then probably when we'll start to see obviously the pickup of volumes at the nizier now after so definitely a couple of things to look at. Just to give you a heads up, we were just kind of testing out the live stream here will continue our live streaming as we always do every day from 8am to 430 on amplifier live.com. So if you're not already part of that community, definitely should check it out. It's not just live streaming. There's tons of stuff that we put up there all the time from macro fundamental stuff from me from technical stuff psychology. There's recordings every day. There's, you know, more focused trader sessions. There's mentoring is everything essentially so definitely even even Tim shaving his head live on the live stream takes place. Live and polishing. Yeah, so feel free to check that out. But yeah, we just wanted to give this a bit of a dry run to see how it worked for the moment. So, but yeah, normally the live feed would go on throughout the day for the community but one other thing though, if you are watching at the moment on YouTube. We are thinking about doing a once a month live broadcast on the YouTube for the YouTube community that we have where we just do like quite like an open hour of just basically you guys asking us whatever you like market stuff could be stuff about different trading styles, psychology, talking over trades, whatever it might be but quite keen to obviously give back to all our followers on on YouTube, something. So happy to do that on a on a once a month basis as well. So, yeah, let us know if that's something that you guys would find useful. Sean coming in here Sean Grant with a question about the VIX. Yeah, I mean 37 last night I think the upside resistance that we talked about in the room this morning is at 40s in the VIX. I think it 40s gets gets an assault today. I think it's going to run run up to about it could run to 60s. So I think it's, yeah, you got to be looking at the VIX when you're looking at the executives right now. Can we have a look at the VIX. Yeah, let's do that. I did see cities note this morning the tech guy was talking about 37. Yeah, this is not a lovely chart, but it is the VIX. Okay, so this is the VIX here. Just let me study up some of this stuff. Now this is my full analysis chart on the VIX. What you're looking at is monthly bars and all time. So let me just see if I can make this a little bit smaller. Okay, here we go. So now the trans downtrend here is the one I've been looking at. This is an all time downtrend. Let me just see if I can fix this. Here we go. And so you can see the VIX high prior to 2008 trend down. Now, it's not, it's not usually clean. Let me get one here. Yeah, here you go. So essentially, this is a downtrend. Now we were looking at this last, I think February I put out a video in the room on the VIX breaking above this trend line in February. Yeah, February last year, and then holding on the break. And that's when it was pretty obvious that things were going to get a bit wild. And a lot of people seeking downside and put protection there at that point and driving to an all time high age by age, but 40s. Let's see. So last night, let's go down to the daily bar one year one day. Yeah, you know, we got up here in the futures on the VIX 36s or there about really 37s. For me is the next resistance key resistance on the upside. And that's sort of a level that's being, you know, used as resistance in the past, especially, you know, back to September, September, 2019, I think it is here. Let me see what year that is. I think that's 2019. We're on the days here. Or sorry, it's 2018. So it's September last year. Yeah. So if we get above 37s, it's going to get really wild. And I think we're going to have a couple of days then if it gets above 37s we're going to run wild. So this is it's going to be the next stop. And then 57s. I do have a feeling that this market is not going to put in a new all time high. I think we've seen the high there last year for quite some time. So yeah, that's the VIX. This trend here is absolutely key though, as you can see, you know, it's really putting up good support on the multi day. Well, on that note, let's let's wrap this up and then we'll continue on on the main feed on Amphilite. Cheers guys. Nice one guys. Take care.