 I'll check it out later man. What's up guys? What day today? Wednesday? Today's Wednesday? Happy Wednesday's? Hubday? Let's check out what's going on today. TTWO. Take two into active. Had a nice recovery today. 140 to 156. Then we have some big drops in the market today from Biogen, DGX, some of the healthcare sectors stuff getting beat up. T-Roll price group drop a lot. That's kind of interesting. And then AMAP had a nice move too. Oracle is still chopping in that range. That's what we got going on Amazon. Amazon had a nice move to 3300s. What's up CG? How you doing? Wow Nike. Nike is super low here. Facebook. So we see we saw a lot of things moving up and a lot of stuff are almost kind of like a resistance too. So things are kind of choppy here. Let's take a look. Then okay today. Today was a big profit taking day. We're coming back into some resistance over here. We broke this other resistance so we're at the secondary resistance around 473. Yeah that site is free. Anybody can use it but they just have a lot of ads sometimes. So we have like a community account that we share between a few of us. They also have this other sector thing too where like you can see almost everything how the market was today. You know whether it was red or green. So we can see like today was somewhat of a mild green day with some stuff being really green like Tesla. They're up like almost 4% for the day. And then you have healthcare and drug manufacturer sector being pretty overall red. Then you have financial sectors a little bit red in the credit service side. The banks are kind of mixed and the capital market big red for GS with the earnings coming up this Friday. I'm actually a little surprised they're not having a huge run up because the last the last year or so Goldman Sachs has been doing really good. They've been running like they've been writing a lot of IPOs and they've been making dumb money on fees and stuff. Hey what's up Massapio? How you doing? So then we have the material sectors also pretty green today as well. Chemical sectors doing pretty green. Like overall the market is like mild green. You know we just had a big drop the other day so we're having a nice little bounce and there's a few things that's kind of carrying the market. Most of the semi-conductors kind of green today too are just even and up for the day. Hey good afternoon Mario. How you doing? Apple too. Let me see how the one week performance is. Oh the one week performance is still pretty red. Netflix being the the reddest red over here. Well Hum too as well. Tesla and HT is still pretty red compared to the one week performance. Let's check out one month. Whoa one month performance. Some of the tech sectors are pretty big up. Nike extremely red in terms of one month. Same thing with Starbucks. Starbucks is the reddest one. It's pretty cool huh? And then one year and most of the stuff had ran up pretty well. Year to date. Some good good fun information. Hey what's up Raymond? What do we think about financials before earnings? That's a good question. So every quarter of financials before earnings we usually see we have some earnings coming up today that we're going to take a look at. We usually we usually see a huge run up to the earnings and then things kind of chop a little bit so I'll show you what I mean by that. So let's look at like Bank of America last earnings we usually get a really good run to the earnings prior to earnings and then come the earning date we usually end up chopping back down and they have a really nice ER the next day or two they'll run up again. So it's been it's been kind of like that. It's just been like run up to earnings and then run back down just right before earnings and then they'll pick the direction based on how you know how the company performs. So we've been seeing a lot of those run up to earnings on financials and direction to move after that but Goldman Sachs been pretty good though let's see. Yeah they've been they've been beating the last few earnings pretty well well except for this one I guess and then you know if you if you've been following the news and FOMC you can see that a lot of the a lot of the financials are having a really good run for the last week or two because their price in in this high treasury yield rate their price in interest increased this year or so. So JP Morgan you know and Chase CEO Jamie Diamonds said that that they think that we're gonna see four we're gonna see four rate increase here. So if we see four rate increase that could be potentially really good for the banks because they'll probably make more money in terms of like the the treasuries and stuff like that. So you can see that the price and end of that as well if you go to the two-year yield so the two-year the two-year treasury maturity rate is already back to 0.92 prior to COVID we're around 1.4 1.5 ish right so right now it's 0.92 that's significantly up from 0.25 of what we're actually at so we're supposed to be at 0.25 ish but we're at 0.92 and then the 10-year is also you know having a nice move up as well they're almost recovering back to pre-COVID levels up for around 2%. So naturally we we want to be around 2% because the reason you want to be around 2% is because the rate of inflation is usually around 2% so let's say you have $1,000 in your in cash right and the rate of inflation is 2% that means you know every year your $1,000 would have $20 less purchasing power which would mean that your $1,000 would actually be worth $980 so to combat that you know you would put that in the bank in a certificate deposit and get your 1.5 or 2% interest and then you know that will compound it as well and you'll probably end up getting you know 1023 you know back right so you'll get additional $20 to $23 back that will help you combat that inflation issue that naturally occurs so that's just some some food for thought let's check out some of the earnings we got coming out today i hope that helped oh kb home reported today i thought that was tomorrow the hell oh no it was after hours all right so let's take a look at some of these some of these data see what we've got so we have vault that we reported today as well vault information science oh so this is a recruitment service i thought this was one of the um the ev companies but is not says earnings per share is 11 cents as opposed to 7 cents 227 million as opposed to 23.5 beat estimate by 57 percent and 7 percent increase compared to the same period last year around a few dollars um small capped company nothing much to really care about let me catch back on the comments a little bit and thoughts you kind of post that in the chat today a little bit what's up though boy my fellow degen i hope you had a wonderful head on something i haven't got a massive headache from all the smile and laughing today a couple of magics like it's great that you smoke today kb home is out yes it is so we um you know we talked a little bit about kb home today we put some profit targets so hopefully you guys took some profit there i have one that i'm still writing was able to take profit on the other two so we'll see where this earning takes us so earnings per share is $1.91 as opposed to $1.76 estimate sales is 1.68 billion as opposed to 1.71 so sales is a slight miss there um but earnings is a good beat earnings is 70 percent increase compared to last year sales is about 40 percent increase compared to the same period last year um a year ago stock was trading around 40 you know 45 to 47 so it looks like this is a discount right now with the way they're they're going let's see what the guidance is going to be like four year 22 revenue is going to be 7.2 to 7.6 billion so 7.2 to 7.6 so let's say on the low end 7.2 divided by four quarters that's about 1.8 billion so they think they're going to have better quarters next year at minimum per quarter than this year so that's that's pretty bullish i don't see why you can't be bullish on that Tesla hitting big for me today let's snipe some entries this morning in the back test yeah the cost index yes sir i don't even know what that company vault does man so let's see let's see what kb home is saying four quarter total revenue of 1.68 billion diluted earnings per share up 71 percent operating income margin improved 310 basis point to 12.8 percent um gross margin increased only two percent net order value up 12 to 1.77 billion um wow so they're ending backlog grew 67 percent as well to um 4.95 billion full year we turned an equity increase 810 basis point to 19 percent almost 20 percent there phenomenal quarter actually 70 percent year over year increased earnings per shares so they say although they're operating conditions in 2021 are extremely challenging with labor shortages and supply chain disruptions with municipal and related delays our team remain resilient and is working through solutions i like the backlog value though that's crazy man so if you think about it in that perspective right that five billion backlog value so let's say what is that so let's say per per year they said oh they're gonna make they said they were gonna make about 7.2 billion per year so they they have another backlog for the next three quarters so things are good that's only gonna go higher so they said they expected producer we turned an equity above 26 percent as well home deliveries are also going up revenue grew average selling price grew only 9 percent um to 451 thousand so what is happening with microsoft what do you mean is it microsoft having a nice reversal since the company has around 290 million balance sheet let me see something here sometime if the company has a lot on their balance sheet they could potentially do a share repurchase program as well sometimes that's a good thing that's something i'm gonna start looking forward to as well looking at the balance sheet of how much cash they have if they have to weigh too much cash they're probably gonna gonna push for a stock buyback well average selling price for the home is going to be 480 to 490 um so this quarter how much were they selling 450 so that's a 30 000 increase that's gonna increase their money flow for next year so that's pretty much it that was a pretty bullish earnings report i like it that makes sense there's also a few other ones too from robber half i think is um rhi or rbi um and then there's like scaf for staffing to be 60 and so on there's a few labor plays but most of them are super small companies and have really horrible trading volume too yeah i mean you know we talked about microsoft the other day um a couple of magic we we picked it up on an algo and it has a perfect setup here we have doji from yesterday um and today we have a reversal confirmation so like i said it's everything is part of the system man if you understand the system it's easy you know we're getting that reversal setup we're finally moving back up if you didn't you know if you didn't pick it up yet it's just giving you a buying opportunity it's naturally gonna pull back a little bit so as long as the market continues to grind back up so back testing this area right here um which is this line of support if it holds this area it'll probably move up further so looking at it right here you have three lines of support right here right this one time it broke under so we just broke above it and we're doing a back test so if this line holds on the back test what happens we go further next level up you know um and then hopefully it breaks this resistance and we have a little bit you know resistance here so if it breaks about that resistance hopefully we have another big move up come down back test and then slow grind up here right so that's the ideal move for microsoft super easy can't get better than that honestly the other thing too if you look at it on a long-term chart it's every time microsoft hasn't have a major pullback it's usually grinding itself back up i mean it's it's a good company they um you know they're doing they're doing so many different things from from like vr to like cloud computing and all that stuff i don't see how anybody can't be bullish on them so that's my take on it see what else got earned today etwo what is e2 e2 opens parent holding as an end to end cloud-based supply chain sas platform i guess the big keyword there is supply chain right um who how how can you not be bullish on supply chain especially when supply chain issue is like going crazy right now so they said they made about 103 million as opposed to 89 mil um in the same quarter last year they lost 64 as opposed to 27 um sales is still below estimate by 2 million margin looks pretty good what do you mean by this like um in technical analysis and fundamental analysis in sentiment so they guide it up as well they said they expect to do good this year let me see what the stock is doing after hours it's kind of cheap honestly if it's a spec um and it hasn't finished the merger yet it should be worth ten dollar plus i don't know why it's trading below see what let's see what we got this morning i didn't run any ads man somebody's probably on that count trolling us oh no man i don't i'm not the one running the ads i didn't there but there's like because i'm not even on twitch um but i know there's like we have multiple people that have access to twitch and so we have like you know most of our half some of our other team member have access to twitch as well so some of them you know they they could be watching this and stuff too so sometimes they could just throw me and and they could probably be running ads who's in the audience you can you can click on the people and see who's in the audience too sometimes now we don't get revenue from the ads it's just it's just trolls man because the ads they give you so little revenue let me see i can pull up right now let me log into the account they would get like pennies man the payout was actually really really bad um when you run the ads it's um the payout is is like super super super super cheap it's like a penny every time you guys watching that it's a penny but honestly what you should do is you could um oh so last in the last month we made 28 cents i think um from ads in the last month so every day they pulled about 30 cents from the ads or or like yeah about 30 cents yeah i was probably i was probably i was probably talking for a while too and you guys didn't see it because you guys were watching the ads yo probably taught me on the account running ads what you're running ads on the people man usually there's one ad unless somebody um choose to run them when they um pop on the account like usually when when like when people come on um they have to see like one or two ads max um but if you choose so you can run like 180 second ad breaks so 180 second it's probably like seven eight ads let's check out um let's check out some of the earnings from this morning let's see how jeffrey financials did damn man they make it so complicated i can't even see this earnings report where is this earnings report man scam so jeffrey's financial group earnings per share was dollar 36 i supposed to dollar 34 sales is 1.81 billion as opposed to 1.9 billion uh 22 increase compared to the same period last year and the company reported a 1.8 billion compared to last year compared to estimate at 1.9 wow so they actually made less money this year than last year too 2 decrease compared to last year pretty disappointing the company was trading around 26.85 last year um and they just had a pretty ugly earnings all-time high was around 24s damn this financial company is starting to look expensive um actually they made a lot of money the net income made a lot of money just the last quarter was really bad i wonder if they sold some assets so they say book value per shares outstanding um would be 43 dollars tangible book value portfolio diluted outstanding shares 32 45 so it's trading pretty close to that um actually and if it goes way below that that's probably a good area to buy the dip if it goes to like under 32 you know that's a buying opportunity maybe maybe so um but i'm not sure how big they are in terms of that you know they're they're more like investment banking capital markets um whereas like you have bank of america this friday coming up um that's and city bank where you know and gp morgan where they're gonna be a little bit mixed oh actually bank america is not this week is next week um and then we have black rock as well i think the most interesting one is probably going to be black rock because they usually benefit a lot from um the government whatever the government's doing like treasury and things like that but they also ran a lot compared to last year too you know um like compared to 2020 numbers as well the company was trading around 5 30s 5 40s right and it's like now at 800 something dollars it almost hit a thousand dollars too so it almost went up 100 percent and that's huge for a bank you have never seen we have never seen a bank run that much so i'm curious to see what this is gonna do and and i was i would like i don't know man i feel like this could be a huge buying opportunity too to a certain extent because they always do so well in these earnings oh i guess not maybe not that one huh maybe a lot of the earnings do chop maybe they just do really well last earnings so if this was to follow the last earnings where they they dropped um and then after earnings they ran we could probably see a move back to 940s can we even play them where does that be okay how long does this run take october 14 october 14 to november 10 that's like a month a month so are we at 14 to 18 possibly the top is 960s damn that's expensive but it's a good risk to reward one to four um if you risk around 500 dollars and it ends up running oh my gosh what is this is a is this a glitch in the system yeah what is going on here so apparently this one is super just this contract super cheap if you think it could run back to 960s a month from now actually that's not that's not really a month that's a few weeks let's see this is more of a month now if you think it run um to 960 a month from now this contract is about you you sell the 11 and you buy the 18th so it's gonna cost about 155 dollars if it gets there in a month time yo that's that's almost 10x oh my god could potentially make 600 percent this is probably the craziest thing i've ever seen might have to consider this yeah that's true yeah the fit they're pretty much like the fits right hand man so a lot of things that the fed needs to be done they they do it for them black rock is the largest asset manager in the world what else is going on today so tomorrow we got some big got some big earnings as well we have delta um and we have tsmc so that's gonna be interesting i'm very excited to see that we have a lot of like random random news around the airlines and delta industry i don't know if you guys um i don't know if you guys heard so let's see let's see what we're seeing on twitter today so they said delta it's extended that a lot of volumes on either side this is pretty cool investing that calm who is this guy j pow is like inflation oh man oh macron got inflation got tapered these are the beers that are trying to beat j pow up they're like die that's pretty cool man following this guy i like that oh no man oh no man what are you sending me bro uh oh oh shit this is so loud god damn twitter man sometimes the volume thing is so loud get the shit out of me yo you guys said this is a china camp i don't believe you man look at this you know how i know this is sus you know what is so sus about this i'll show you why i'm gonna pause it for a second i'm gonna show you why this is so sus all right truth about china i'll tell you why this is so sus man they have a regular toilet here i don't think this is a chinese chinese camp because they have a regular toilet and and i know there's no such thing as regular toilets in china man like look at this look at this bro this is a china toilet man in order to in order to use this toilet you got a squat bro you got a squat man so that's definitely no no regular toilet so this is like their most common toilet is the is this toilet and and they have a reason for that too um so if you google like i don't know china toilet on the floor oh yeah this is the other funny thing too so people are like why are chinese toilets on the floor um so no china is something for freaking water storage so squat is used for storing night soil which will then be used to fertilize crops i don't know i'm like in a flush toilet paper in china even what's my mostly do is i'll switch to something oh yeah sometimes they don't even have toilet paper in the toilet i forgot there's a health reason too i googled it before um i can't find it right now but i looked deeper into it and they said like like um there's there's like a whole health reason for it and and how like it was healthier for you and all that stuff oh india has it too the whole all over asia like the whole asia has that like almost all of asia has that stuff yeah i was gonna go into that story man but we'll probably go go into that on sunday or something yeah you can't even type poop squatting has a better posture to poop yeah indeed what is this oh i seen wasn't these hospitals actually so what's what's going on um fiat world what um are they saying that there's a lot of quarantine issue there or what's up apparently this got picked up by new york post today okay millions have been moved to camps this looks like a stadium 45 000 people have moved to quarantine facilities somebody said millions of people have been moved to the camp because yeah i thought 45 000 is too little too dude this is crazy man i just finished reading the whole article oh yeah you're right um i did i did remember reading that they say squatting actually help your poop go out easier too that's why they have that little stool too now that you can use for your sitting toilets to give you that extra leverage i don't get that you ever tried to poop in the woods by leaning on a tree or how would they actually poop in an alley actually actually i have pooped in an alley before i remember when i was younger um and i think this was like probably when i was on 16 or so i remember one time me my husband my cousin hung out and and like um and i forgot what happened we were doing something at night and we were like super far from home and this was back before there was uber or anything right so if you needed to get back home and you were like far super far away you know you couldn't just call it uber um or like you know you there's no train to bus at night too after 12 and i remember i had to poop so badly so i told my cousin to guard me and i ran into somebody's alley in the backyard i found the tree and i went next to the tree and i took a dump man and i just prayed that nobody would catch me while i was doing the teeth oh man that was a sad time but sometimes when you gotta go you gotta go you know it's not like you could find a McDonald's or anything either i actually am recovering from COVID my girlfriend gave it to me i think i got it in new years yo i think i might be getting the new covid too um i don't know if you guys notice i've been having this call for the last two days and at first you know it felt like nothing but it's kind of sus man i gotta go i gotta go back on my um on my vitamins so ttd um looks like it had a nice recovery um having a nice recovery i got the money flow signal this could potentially go up higher uh but there's also a pattern here as well going downwards that way let me go back to this by the way i'm fully vaccinated are you like two doses in or three doses in how are you feeling man are you was it bad was it was all right squatty potty yeah that's it yeah kip um it's tough it's tough man be careful yeah sometimes oh there's some new mutations that i read about the other day that's pretty scary this is a yo my best friend the other night this could ask our gaming group if we spread the cheeks when we sit down i said bro doesn't that happen naturally my guy goes hell nah i grabbed those cheeks and spread it first and yeah yo yo your boy must have some big cheeks you know what though um i forgot where i forgot where uh when i used to travel for for business i forgot what state i went into i felt like maybe it was florida or something i don't know i went to some random state and i remember for some reason that week every time i tried to poop man every time i tried to use the bathroom i don't know what happened i don't know why but i swear to god that the mention of the toilet seat was much smaller maybe i just got extremely unlucky and i just kept going to places that were like low end and the toilet seat is just like naturally smaller because it's one of those cheaper toilets you know and i was like god damn man i just feel uncomfortable like you know like i know i know my butt hole can fit into the hole but the toilet seat is just smaller you know like it's like it's like made for like teens or something so i can understand why why your boy gotta spread his cheeks because you know if that was the situation and his cheeks was too big you know and he gotta spread them to make sure you know it's like it's the hole is probably exposed yeah i know right crazy i'm gonna treat it like chicken pox and get someone to cough on me i don't know man you know i highly suggest you guys go play that game man highly suggest you guys go play that um the game that we talked about last time plague ink i think you can play that on the website now so it's a huge learning experience you probably want to wait a little bit longer to get your booster too at this point because i mean they're they're we inventing the booster and you have your two shots already you already got the new covid um your body probably you know um at this point your body probably gave you more t-cells and stuff um so you probably want to wait a little bit longer to get the booster at this point you got that natural immunity a little bit right yeah man i think as americans i think we we we we get like so blessed in terms of um we're so blessed man like as americans our bathroom standards are so high now that like you know you know like especially in big cities we're just so used to having good bathroom you know we can use our phones while we're pooping and and like our toilet seats are comfortable usually the bathrooms are big enough you know even the public bathrooms are pretty reasonable size most of the time um that we just take it for granted man but if you go to like like other countries you know um like second world countries and stuff man there's no time to sit on your phone like to sit on the toilet and play with your phone when you're pooping like a lot of times you know um a lot of times you have to watch out for flies you have to watch out for mosquitoes trying to bite your balls like you gotta be careful man you you're like you're fighting for your life bro sometimes you're fighting for your life when you're when you're pooping so you're like in danger um majority of the time so you don't have that luxury and opportunity to you know sit there and play with your phones man but we take that we take that for granted bro we take that for granted man I kid you not we really do I remember like even even um even when I was like visiting uh thing like Thailand um or even like Beijing and stuff I I never really had that luxury I remember um like trying to it's trying to poop in the squat toilets I was just trying not to fall over man I was just trying to make sure I was in the right equilibrium where my balance was good enough and and I don't fall into that hole and then and I'm like I'm like grabbing the handle on the door as well or grabbing like the side of the wall like pushing myself against the side of the wall just like give myself some some like you know balance so and and just trying to you know um export the waste in your body as quickly as possible so I'm taking a look at QQQ and Aztec right now oh yeah um I read about that too when you fly did you know that a lot of times when you fly especially if you fly for a long time there's something about flying that that messes you up and and it makes it gives you like constipation it's actually a pretty common um it's a pretty common symptom of uh flight or travel so a lot of times you got to make sure to bring like your pills and stuff but but if you ever been to to Asia or any like second world country or even like I'm pretty sure even like in in like South America and stuff you'll notice that a lot of times when you're eating you know our our body we also take food for granted too and like the hygiene of our food in America we take that for granted so much too because a lot of the a lot of the other countries and stuff there's the hygiene isn't that's great so when you're eating food you know and they're preparing the food they don't care right um and there's like flies everywhere man they just goddamn flies everywhere you're eating the food and and like these these these flies man these house flies or whatever flies or poop flies sometimes too man they're just landing all over the place and and they're like you know they're just um they're just landing your food they're they're landing babies on your food they plant in eggs on your food and and sometimes you don't even see it and you eat that and next thing you know you gotta you know you get a stomach virus you have stomach issues and stuff so luckily over here we really don't have a lot of that like I remember like I remember when I was when I would get food I would always like pay them to or like or like just beg them to get me to get get me the food from the bottom of the stack you know but honestly most of the time I only eat like extra extra hot food because I'm just yeah I get so paranoid of having diarrhea it's painful man parasites bro once you get a bidet you don't go back that's true but days have gotten so cheap now too it's only like $200 now for some of the cheaper ones I'm sure even like a lot cheaper back then you used to cost thousands of dollars probably a really good luxury too so NASDAQ looks like we've been we held the bottom we have this downtrend that's been holding pretty well there is potential that that you know they say we can you know be going from uptrend market to downtrend market so if this end up being the beginning of the downtrend market and we don't hit all-time highs then this would be the pattern the secondary pattern I'm going to change this color to blue so this would be the secondary patterns that we would be you know looking at or teal I'm going to change the colors teal so the secondary pattern would be starting the top here another top there and kind of expecting us to climb back over here at some point and then maybe come back down and go in this direction if this is truly like a reversal of us going from this uptrend market in the tech sector to a downtrend market in the tech sector where we pull back a little bit with with a lot of the inflationary pressure and the interest rate increase that could you know kind of affect some of the companies that are having cash flow issues but actually a lot of the tech stocks already dropped 50 a lot of the really really high PE tech stocks have already started to to you know come back to real valuations already that's pretty much it was there any other charts that you guys wanted to see hope that helped oil is still moving up like crazy Jesus this oil pump is ridiculous man look at this oil pump I read that tech doesn't do well in high interest rate environment yeah the reason behind that is because a lot of tech companies right they a lot of tech companies always grow companies they're like startups and things like that they they have crazy high valuations and crazy growth rates so but in order for them to achieve the growth rate they have to spend a lot of money so example would be kind of like kind of like like let's say like like like uber right if we were to regard them as like our most basic basic what do you call it tech company right a lot of times uber or door dash or lift for any of these these these big startups and tech companies essentially when they first start they got to throw out a lot of money they got to throw away a lot of money just to attain customers so that's the typical model of a lot of these tech companies they got to throw away money they have to show how successful their website or their business model is before they can actually charge for it so and you see a lot with like even even option strat right this is the basic this is the basic business plan for them even option strat they don't really charge us anything for a free account they give us a free account see how we like it gave us all these these great like things that we can use for free right and and they can do that because you know they're vcs and people that will fund them and pay for them and stuff whereas you know whereas like if the interest rate go up the interest is going to be higher you know instead of putting money to use in those risk investments some people get you to put in safer investments there's also like just the whole borrowing is going to be higher year over year so some tech company might not be you know willing to borrow as much money or throw away their money casually we're in then then as opposed to like low interest rate environments as well so that's another big issue with that I'm curious to see where oil is going to go actually I would love to see oil to come back to like a hundred dollars a barrel maybe even to like a hundred and fifties if I think mate I think the other thing that we're not really factoring in is the fact that Russia is trying to go to war and that usually jacks up the oil price too when when somebody has a war or when we are at war that could potentially pump the oil price a lot let's take a look at sq so sq is probably an example of another tech company right where they don't you know try to charge a lot of money for their services and stuff so I think we hit that really good bottom over here the line that we draw a while back things 133 whether we hit 133 exactly holy smokes um so it's kind of from here drawn from the july 2020 levels so we had a really good pullback high was around two nineties so that's that's about that's about a 50% pullback that I was talking about so a lot of these tech companies already got that huge 50% pullback already so I think to a certain extent the interest rate thing has already been priced in because you can see how fast we dropped to just from the last few months and now so I think that's mostly been priced in so this might be the potential bounce here in the reverse so if this holds we could probably sq can probably come back a little bit further oh I don't think tech does really well in tech environments things opposite they ran up again today been moving up the last few days not much to say man just a gap up heading some resistance over here from December so could be could be a possible area to sell take profit if you keep running up maybe we'll see some highs again but I would treat this like the game stop situation you know wouldn't go too crazy there's not much information about it yet and the company's already trading a billion dollar you know 2.3 billion dollar valuation that's already pretty high what's up him fam yeah I was hoping that we would get the we would get the zoom run but I was hoping that we would get the run on on zoom but um from the way New York City has been trying to do things so um I'm not sure where how how your states and your cities are doing it but New York City has this the super retarded plan where they said they want to um they want to be New York strong and and they we we pretty much gone from a place to like we pretty much gone from a city in a state to where we were like previously oh you know let's be let's be careful COVID it's dangerous whatever you know quarantine shutdown stuff to like now where New York City is saying oh you know getting like 80,000 cases a day who cares man just we're New York strong we're the strongest people in the world um like you know how there's always that saying like I forgot where it was man like what once you like once you once you've been through New York you can go you can survive anywhere like once you survive New York you can survive anywhere because they would talk about how like New York just so ruthless and stuff and to a certain extent it's pretty true um but that doesn't mean like if we get the flu we get the virus it doesn't mess us up right so the hospitals at all time fall and everything but they just refuse to to do anything about it is just like forget it they just completely ignore the whole situation so it's it's a little bit kind of annoying um they they're not shutting down the schools or anything but um people aren't even going to school right now there's like I heard there's only like 25 to 30 attendance rate um and and the teachers are are having a huge shortage so there's like there's issues for a lot of schools because they don't have enough substitute teachers so it's been it's been crazy man so that's why I'm not sure if zoom will be successful or not at this point you know I feel like I feel like zoom has like like I want to see zoom run but at the same time I feel like zoom had his ran had his run and it's I'm not sure if he'll ever come back to to reality at this point ham fam we're gonna take a look at netflix for you so netflix kind of like sq has been having a major pullback I am extremely bullish on netflix hill but I'm waiting for my opportunity um took a buy order over here last time expecting to move to 600 obviously that didn't happen we broke that support right um so that was a pretty good support too it was from this range so I was really looking for that line to hold there so that line has you know has had many contacts so that line has has look look at how how many times that line has held right so that's that was a really strong line and I was so surprised that we just broke under it without a single blink you know actually no we did blink a few times there we did we blinked like twice there so we had two nice bounces out there I guess no no wait we didn't we didn't we just broke right through it over here we had some bounce but we just broke right through it so I'm just you know I'm just gonna wait patiently at the next level which is 507s earnings coming up I'm gonna wait patiently over here um 507 508 if we come here I'm gonna I'm gonna take another position it's a netflix if we don't come here oh well man I miss it I miss it but overall I kind of like I kind of like them for earnings I think they're gonna have a really beat I I expect them to have a really good quarter and I think they guided downward as well so they they typically expect the new year to be one of their worst quarters and it's already a lot of it is already priced in so to an extent I believe so they they're already expected to have a declining quarter and everything but if you think about it um if you think about it last last year you know there was a lot of COVID shutdowns and things so nothing was going on in 2020 so a lot of the production was paused for a majority of 2020 and then productions probably started running in early 2021 so if production started running in early 2021 um you would expect a lot of the shows to be finished probably toward the end of 2021 right so that's probably why we're seeing a lot more releases and netflix and things like that and I think all those production that's getting released toward the end of the year is gonna help netflix and then and then there's probably gonna be some carryovers for the quarter coming up in the next quarter as well so I think those are gonna be good catalysts for netflix you know with a bunch of new shows and productions that wrapped up and for these new things to come out so those are gonna be really good things that's going to help netflix potentially grow so I think they could have a nice little turnaround at this point maybe they'll announce a stock split this time um because you know how we love stock splits as well so if we get all those things coming together and whatnot you know that could potentially help us you know get netflix to to a nice reversal maybe to a new highs over here I don't know about new highs but maybe a nice reversal to the upside and in addition to that we also had the split game release that was released around september right so look at netflix netflix was struggling to break this five sixth area and then we had the split game release um in in late september and it was one of the most profitable and and like most popular show for netflix I think it cost them like only 10 million to make or something and they made like you know 10x profit from that um because it was so cheap to produce it in Korea or something so they had this huge run here and it's completely forgotten it's completely forgotten right so and we're under that so we want to take a guess right how do you feel about that if you thought that you know if you thought at that time split game was going to do a lot for them what about now so that's some food for thought that's why I like the support level here I'd probably go on a nice bigger position if we get that both everyone get the stock split yes sir actually I started buying some dips man um I you know how we talked about how there's a few potentials with stocks to split like amazon netflix chipotle um and and Shopify so those are some of my big targets that I'm waiting for stock split to happen and and I already actually microsoft should be one of the targets too honestly um so I already started acquiring acquiring like long term dated calls on spotify because I mean not Spotify Shopify because they dropped so much so I was able to acquire some calls at this support level over here um and now I just gotta sit and wait man sit and wait oh yeah meli could get it too meli could get it too I think the next one I should probably try to acquire is microsoft has microsoft ever done the stock split let me see these bozos sounds about right microsoft did a split at the all-time high and it died so last time they did a split was in 2003 the other time they did a split was in 2006 I mean 1996 1998 and 1999 oh they did a bunch of splits in the past too look at all these splits that was when there was only 30 something dollars wow so there's some hopefully hopefully we see something from microsoft honestly maybe snow I would love to see snow do a split that stock is so damn high but that's pretty much it for today we'll be back here tomorrow to check out some of the other earnings we'll look over tsm and delta airline you used to work at microsoft couple magic did you get you still have a bunch of shares you gotta be rich man you gotta be rich bro you probably have a bunch of shares probably sitting on a thousand shares of microsoft from back in 1997's man holy smokes don't tell me you sold it in 2016 before the huge run please don't tell me please don't tell me you sold it in 2016 or 2018 because you thought the market was gonna crash like over here when microsoft did nothing oh you sold them no you sold them in 2018 i'm guessing that's cool so you got the you got like 20 amazon shares right 140s 140s was 2019 hey at least you did better than me man I sold them when they were going down in 2018 I sold them when they hit a hundred dollars because I had them for so long you know I had them from like the earlier days so like down here like 2011 2012 and oh yeah more I thought I thought the company starts you off at 20 shares that's pretty good man get some more then you can sell cover costs but yeah I never thought that Microsoft would run so much so I sold them to buy other stuff I sold them to buy like target and coals at that time because I didn't think Microsoft was gonna run anymore I thought they were gonna I was also pissed at I think I was pissed that they didn't do anything with Nokia and they didn't get into the phone market so it was extremely disappointing um and their VR thing was like pretty dead too they didn't do a good job marketing it so that was like in the 2018 range I think um where they just like did the dumb stuff for a while when the when the windows 10 get released as well it was just years of dumb stuff being done man 15 so 15 so when the the windows 10 plus whatever went nowhere as well it was just a lot of dumb stuff but yeah that's it I gotta I gotta go take a piss I'll see you guys man we'll be back here tomorrow thanks for stopping by and hanging out with us and um have a good night