 Looks like their interior is very bearish itself. So I get it flows really well. It's uh The stock is on autopilot It's got some top-of-the-line self-driving drives right to a lake It drives you right back to depositing more to invest less iron. What is that you posted? That's uh, that's the Guru was talking about it is Yeah, that came out came out of the uh, shit production Yeah, and there was you know, it it wasn't they they weren't all like that. I mean this one Uh, you could have one that had totally different colors. It looked like you know something that is completely out of the ordinary Not saying it's nice, but it probably has more sales than the lucid will have in the first year of Ha, ha I mean to me that looks like that car should have been in like cool runnings or something like that You know this car if it was still made and produced it it would be very popular in probably colorado or Uh, with all like the hippies Whatever wherever mushrooms are legal What car are you driving? What color? I don't know, bro It's it's every color It says taste the rainbow, dude If you guys didn't notice but you know what What um Byron was talking about, you know rainbow, that's exactly the license plate Oh That makes I've got to I've got me in Ohio now. They're they're they're they're uh, they're uh, interesting people I'm allowed to say because I got a I got Ohio blood and through all my like my parents met in Ohio's state I'm a diehard buckeyes fan But at the same time when I go up there and visit my cousins and they're like, hey, this is what we do for fun And we go like down some random dirt road and they push up one of those big round haymails into the road and light that shit on fire I'm like, this is what you guys do for fun, huh? Oh, well, I'm from youngstown. That's mob city. So we do different things Oh, sure. Yeah. Yeah, this this is newcomers town where they have three stop lights. Yeah I'm from the place where everybody's buried under the freeway so it's different All right, so didn't you smell them or is is that gone? They're very deep Volkswagen's bringing it back in some uh, oh damn markets. Yeah, I see that Why not major big hawk You got a you got a time hawk imposter major big hawk If you guys go to the Volkswagen website you can see that you can order your Your golf r or gti or I believe you can have more In any color basically it's it I think they have a choice of about 60 colors. It's just amazing. Um I'm I'm just wondering if they're if they're not just having leftovers paint and they're just Trying to get rid of you know, I have this, you know, half a gun full here. I can just I can spray a hood. Okay. Here's a hood Uh Yeah, exactly. Oh, you know what that's actually probably really expensive to paint Painting paint. Have you guys ever priced painting a car? It is super expensive Yeah, all of these these are not painted by hand. These are part ain't it just just so you know Well, no, especially like doing it like that because They have to like conceal one part when they paint other part, right? So It's probably really it's probably more expensive It's going to be a more complicated process unless they paint the panels individually and just assemble it right before they assemble it Yeah, this is all painted. Uh, if if you look at this one, uh, the a pillar which is where the The windshield is and the rock the rocker panel just under the door It's all red if you look at this one. So basically this car is a red car And they put a door a different color and a hood and a fender and the bumper So basically it's a red car the roof is red the rear is red because it's unibody So that unibody is all painted if you open the doors I'm sure inside the door panels and not the door panels with door sills the b pillar Which is the pillar in in the center in between the the front and the rear seats that will be all red So basically they shoot the whole thing before they put the interior in So it's going to be all red and then they add the panels and the doors afterwards so it's it's not painted all in once it's Basically built as a red car and then they add parts after that That's that's what I think it is and if you look at the other one Yeah, it's the same thing or the rocker panel is red. Uh, there you go guru. There's your golf bar Oh That works I'd totally rocket. Yeah, uh, where did I park my car? Just look for the ugly one There's no loose it's found in Is that a car or is it a Rubik's cube? That's what I had to wrap it up with that It does look like a Rubik's cube, right? It was it was built as a car, but it identifies can you imagine a please pulling this car over? Uh, what color is the car? Quickly quickly quickly Yeah, I'm pretty sure I would say red on this one But hey, what do I know? It's a color specific I I I want to know what juice is sharing This is juice in real life actually No, I don't know what no that's a guy from twilight or something It's his redneck brother. I'm curious if that peanut butter on the counter is crunchy or creamy looks country with the red labels Yep juice can you confirm? that's probably not So I'm not responding to you guys. Oh, he is juice destroying the chat That can all in the stage man Come on juice. No, I'm scared He's scared, I mean grow some hair on your chest there juice Get yourself some crunchy peanut butter Like a real man is double low still up here Yes, he is Hello, what are you talking about after hours today? Um, nothing much. Yeah, we're just gonna look at the market You know see see what the possibility and probability of things are looking like that's what I'm very curious what you're gonna go with today There's a there's a high probability that the market will move For for once I would not say left or right It will probably end up right where it started, but we'll make a A 20-dollar round trip to get there. Will you be talking about lucid on your podcast there? Oh, he he's already gone. Nope. He's still there. Gosh. What will these jokes for lucid ever end? It will end when we hit high double digits or triple digits in a couple years With a reverse split We get news that they're merging with tesla and it's like a thousand dollar stock instantly You just remember this conversation note this down Um Lucid's gonna go into a partnership with nikola Wow Which which i'm pretty sure they they they're they just like called it quits didn't they hey nikola not lucid lucid's only 20 dollars away from uh, ipo stages Oh my god, I gotta go I'm out boys. See ya, but however I will say before earnings didn't they like double Last time I believe I sent you a chat byron. They went up 53 percent the day Earnings last time It's not enough. I'm looking for a percent weren't they weren't they um the Motor trans car of the year as well were And that came out came came out just like the the day or The same week of the earnings. It was convenient. But yeah, I'm just questioning uh, if they're going to be the same They will hit the same kind of numbers again. How many cars have they? uh What on the road since they I even subscribed to the um website so that I can see news rather quickly and uh I have not they have not put anything out. I have not seen a thing About how many cars they're going to come out and say they delivered Have they any out have oh, yeah, they have they have put cars out before You've seen the seats Yeah, they talked about um possibly delivering a lot Uh in the coming quarter and things like that. But who knows they're They're really keeping the numbers uh close to the vest. So we'll see because it's all in the air So Listen to fake company Those cars are photoshopped. What's next they're gonna come out with a minivan and call it the wave like We have sand earth Our shirt beats sexy with uh elon is four cars doesn't it? Yeah, but what happened with the truck though? What truck There is I think he said not that truck's not happening this year. He said Not this year. No at this year Well, that may they've apparently they've stopped putting in steering components. I mean how genius is that move? I mean, you know like oh, we're we're short on ships We can probably take them from like, you know the crazy You know led display or any of these other things but people want a nice shining screen. They don't really need to steer So what do you steer with like a leash or something or? I mean only if i'm with my ex-wife It's uh, it's like a it's like a Prius. You have to stick your arm out the window to turn Oh, okay Oh, that's that's how it goes. That's how yeah, you know You've seen those people as they cruise down the highway They stick the one hand out and they're kind of like, you know air surf in the the wind as it goes by Well, you just do that with a tesla Okay, stick your hand stick your hand out the passenger window to turn right stick it out the driver window to turn left It's easy all right um Let's uh watch the you just run out of air I just looked up at cnbc So, uh, what was that guru? What are we watching? Well, there's the um, the Olympics are still on over the weekend. Uh, we still have coming up Uh, I don't know if you guys are fan, but uh, I think it's uh A a wonderful display of skills some of them I really like the idea yesterday somebody mentioned how There could be a different uh a difference between And one medal to another he he was referring to the fact that let's say a uh A figure skating girl Obviously has been skating since she was two or three And dedicated pretty much all her life doing so as opposed to other Uh, we're basically it's you know weekend training and it's They don't probably require the same dedication so I it was the first time that I heard an athlete actually saying that some medals probably are worth more than other medals Uh, depending on on the uh On the event that you're in but nonetheless, I mean they're they're there. They're the best in the world and in what they do. Uh, I thought yesterday was the Uh combined skiing basically you have uh a downhill and a slide Slalom for the on the same event and the you combine both times and That that makes you the winner. Um, I thought that uh with nowadays people concentrate on being the best at something very uh You will be the best at a downhill or super g Or you will be the best technician in in the slalom, which is completely different The technique is different the approach is different Ski is different everything is different and Uh, I thought it was a fantastic display of skills. Uh yesterday Uh, the canadian finished third. Uh, he was fourth in the men's downhill Uh in general and he finished third on the combine. I thought to me that that shows clear skills about how You know, I'm a big skier. So I'm when I watch skiers. I'm always amazed how these guys can Can stay up on on really Concrete like conditions because the the the slopes is Is designed to have a a maximum of Uh of humidity in it, but uh not being ice, which is almost like it, but uh Anyways that that was a Fantastic display of skills, but uh, we have you know more events coming up can be uh Uh short short track uh speed skating We have the ice hockey. Um the women are Providing a very good display of skills as well It's nice if you don't know ice hockey. I think the women are displaying if they're they're just Chances are you'll hit a a game that you will see just like yesterday canians 1110 So if you want to see a high score, maybe basketball score kind of game It's uh, it's a good place to start Other than that, obviously women fight as much as the men Um, it depends on uh the uh the meow mix they get before the uh before the game Yeah So, uh, other than that you guys are going to be watching the uh the Super Bowl Uh, I'm gonna eat whatever's on people's plates. Uh, I'm all about the food Oh, okay. The day I don't count calories, you know I like these stuff stuff jalapenos Oh, yeah. Yeah, those are good Yeah, is anyone Sndl it's definitely pumping some after hours. It's getting some higher highs if you get my drift Up to 12 cents 21 percent right now. It's pretty crazy. Damn. Yeah They were like on the the precipices being delisted, weren't they or they might they probably still are Delisted because they've been too long under one Yeah, I think that's yeah, I think they're they're not meeting that requirement So they're getting ready to be delisted right But yeah, Omar just chimed in on that cell cover calls. They got a hundred day 180 day extension to get above $1 so Good luck to all the sndl players But uh, yeah, I'll be uh doing I'll be doing early valentine's day this weekend because my uh My girlfriend will be out of town for actual valentine's day. So we're we're doing that stuff saturday And then Did she tell you she comes she she's coming to visit me on the 14th Don't you guys have a scheduled cosco date? She won't make it guru is that why your cosco bill's so high she's always coming over That's it Yeah Yeah, she makes it there. She she probably won't come back at one piece. I mean my my ex-wife would probably you know Unbury herself from your backyard and find her and kill her Yeah, I guess so Wouldn't it be crazy if she was somehow like a member and this fat was listening to everything i've said about her She's got an alt account. It's actually juice I Make sense Emotional damage I see uh red blacks enjoying this podcast the only thing he can probably contribute to Oh Apologize I love you red black Well gentlemen, uh I think probably i'm gonna i'm gonna wrap it up. We're gonna call it a day at my end That's a very good news Yeah Folks we wish you a great weekend. Um, obviously we got some news a hit today that Just added oil to the fire making it bearish on many tickers. Uh, it doesn't mean that we are In a very bad position. It just means and it reminds us to be extremely careful With whatever we play, uh, that's we're into a volatile if you look at the spy chart on on the daily It clearly shows like it goes from, you know, 420 to 450 and comes back down and it's all over the place It looks like a penny stock on, you know the daily But nonetheless, uh, the idea is to to to To get prepared for that and maybe to to play a small smarter Share a lot because I believe that The amount the more we share together the more we are At making a a proper decision on on the plays we take so Would it be safer to start trading canadian tickers instead of american tickers? Why if you start if you start doing that just let me in on it because you know I have no idea what ticker is to play other than shop So I remember I forget i'm trying to think of which one it was I remember talking to you about There was a company that was about to produce some electric boats Vimar Yeah, and you're like that's just around the corner from me Yeah, it is And what is it at I was looking at it when it was 17 I believe so when you mentioned it 15 or 17 um What is it at now the five dollars? Yeah, five there you go. Okay. So a good thing. We didn't go all in on that one Um, yeah, so JTW Byron, thank you for stepping in and um, all of you folks I'm extremely happy to have You with us. Um, I guess we'll see you on a Tuesday morning 007 If you can Join us again, that'll be great Byron. Have a great weekend JTW Have a have a fantastic valentine's day weekend Yeah, you guys too Three valentines. Yeah, take care of all those every day's valentine's day Have a great weekend everybody. Thanks guys. All right. Take care guys I'm gonna move over to the twitch side I still in this I still in the podcast. Nope All right Easy day today, huh guys Oh, what was that? What was that ticker again nasty Nate? Just trying to see what's really beat up this week. See if we find any opportunities in here or not Oh, let's take a look at this youtube clip Let's see what we got. We live in an age where bigger isn't always better Computers that used to my time Now fit in the palm of your hand what a beauty Hmm, that's it It's over Everybody's like i'm selling my shares right now Oh, man, you know, there better be more than that. Oh, I want to see something good, man Shoot sbsw. Let's take a look I actually look pretty interesting Very very over so on the weekly chart. It's extremely Cheap compared to like 2020 prices but um, I mean The company's still a little bit pricey But consumer staples sector man consumer staples sector Yo, this company's up 10% today still water Oh Yeah, you told me african mining company Oh So I talked a little bit about this on the podcast right and as they made I think today we're we're seeing a lot of run across the whole mining company sector We're seeing probably seeing a lot of pump and pump on the On the stock twit side as well. So I think naturally you're gonna see a lot of go a lot of go miners and things like that run out of nowhere Even, you know, go as a commodity ran a lot today uh Like go futures up 1.5 percent and And that's actually something that's very rare. It almost never does this But that's just I think that's just because people, you know, we're skier They wanted to hitch this portfolio and it's one of those things that people buy a lot But usually when go makes a big move like that It usually doesn't move much afterwards. So It's kind of what happened today huge move upside probably expected to kind of be flat Um, I think that's going to be very similar across the board for a lot of the pickers Um, even v l g old, you know, huge move to the upside today Um, but a lot of times these moves gets eaten up. So just just be very very careful Um, yeah, it was because of russia because um today Let's see if I can find it. So today, um, they tweeted out that That the us believe put in has decided to invade Ukraine and communicated those plans To the russian military apparently three officials told um told this guy nick That and and two admin officials say they expect invasion to um to begin Next week echoing what the secretary of state blinkin um has said so Pretty much, um, they're saying that apparently the fence officials Um, anticipated horrific bloody campaign That begins with two days of bombardment and electronic warfare Followed by an invasion with the possible goal of regime change. The north Atlantic Council was brief on this new intel today um, so, you know, uh So the msa briefing in the white house says we are not saying that a final decision has been taken Um, he added that the us cannot pinpoint The day there is a credible prospect that a russian military action would take place even before the end of olympic so And then I was like, I was joking. I was like, you know, is this the black swan event We need it for the market to crash You know inflation is at all time highs right, um oil is at all time highs supply chain at all time stupid World war five Over gg, you know, that's it. That's it for the market Lanzo Over this the end This the end I don't know. Just just messing around, man This is some funny stuff russia invades georgia joined the olympic games in 2008 2014 russia invades georgia in the olympic games So apparently russia loved to invade during olympics, huh? And then you have this kid's like, uh, i'm in danger Happy olympic game Some people were like, isn't this the third or fourth time the invasion has been starting next week It will be a flash point for sure Be very interesting us spending us spent so much money we spent more than half the world in military might Let's go man Yeah, and so invasion invasion hit lines are affecting go. That's why we're seeing the move because a lot of um a lot of things move in general um Hey, like especially go and moves in general come due to fear Same thing with uh bonds we saw some movement in bond today as well to the upside Is it a bad thing though if they invade ukraine? Does anybody have more thoughts on that? It'll worsen energy price I mean, I can see it being bad for supply chain issues. I don't I I feel like in the long term it might actually be good for energy price because that just means that you know, um russia will have more control in terms of um oil and stuff because I I think russia wanted to control the the pipeline to to europe because um, they they've been trying to build it out but it's very hard to to um to to build a pipeline Because they're they have territories that they don't have control over and they're just getting attacked apparently a lot There's been tension in ukraine for a decade. I don't think that ukraine or as worried about this right now as the u.s Is seems to me a lot Hmm Interesting to see your perspectives Hmm. This is facts right here at the real major issue with supply chain right now Is that we aren't getting supply from china? That's pretty too. Um, I did check out some some stuff Uh in terms of like getting orders from alibaba and things like that china this shutdown um, it like when I checked like two three weeks ago It was about like almost a month and a half of delay It would you know, um, but that's also because chinese new year was on the horizon as well But also because they they had locked down harder due to the omicron variant So there was no no supply really coming out of china It wouldn't like like some of the stuff it would have taken. Um, it would have taken like end of march To to come out But supply chain is also because the previous backed up too Yeah, I think it is going to be a power struggle really Um, a lot of the wars that that we see are usually um, just proxy wars Do you think oil will hit hundred dollar by summer? hard to say man, um I mean we could see a potentially huge spike out if it really breaks out from here, but It's really hard to say man, you know, um, if we go really really parabolic And we just completely break out over here That would only make it more serious for the market to crash because because energy price is actually a um Energy base is actually a component of the cpi And and and you know if this gets really out of control like up here I don't think you'll get up there. I mean maybe 108 if this really gets 108 Um, man, it's going to be really ugly for the market because historically I'll show you something really scary, man Historically every time the energy price gets really really out of control, right 2008 this is 2008 over here um We have a little bit over here during cove it too. So this was 2018 There was also inflation issue in 2018 as well um And then 2020 so this actually comes from So we're actually looking at this other trend line So I was actually surprised the trend line broke out. So I started the trend line from here to here Every time it hit the trend line oil broke down and the market crashed with it So same here every time oil hit that trend line, you know market crashed and broke down with it Same here oil hit that trend line, right? Um, this is the only time we actually broke out from that trend line Um, you know, surprisingly we broke out from that that death trend line Um, so those are march 20 march 2021 we broke out from that death of the trend line Where every time we hit it the market would crash So but aside from that pretty much every time oil ran up like crazy. It was not good for the market Same thing in the in the 1999 to 2000 oil ran up a lot and it it calls a disconnect in the market just because You know oil is so involved with like supply chain issues. Um, another time in 1990 when we went to war so You know oil had a big move up So a lot of people always think oil is going to go get really really expensive when we go to war But it's usually priced in pretty well So Over here a huge move. Um, let's see. We picked that up tober 1990. Let's check that out. Let's check that day on spy October 1990 Oh spy doesn't go that far. Does the dow Jones go that far? I think so Dang dow Jones doesn't go that far either What ticker goes far what ticker goes back to the 1990s spx Oh, this is the 1990s here. Yeah, the market crashed here too in 1990. So oil was up all time highs Hey, what's up mario? How you doing? Good afternoon, man It's already five dollar gas in california. I'm not sure why we're banning off your drilling so we can be independent oil Costco membership for real. Yeah Um, isn't nem Like a mineral company as well go and and silver or something like that So I I said it before I think I think all the goals silver mining companies aren't going to have a fake run Uh, but if the market crashes I don't think anything's going to be immune from the crash So let's take a look at the market outlook from earlier this week that I posted So earlier this week, um a monday posted the market outlook you know, um I said potentially I was looking for that double bottom setup on spy, right? Because last friday we had the rejection over here Um, and you know, I thought it was good. It was a good area to take profit Um, especially on the financial sector as well You know, because financial sector was something I had long the week before it was really It was really bottom out of here and we had a really good move So that that played out pretty good. Um came back to the top here. So that was a great area to take profit in that range um spy You know, um came back touched that double top here Some of you guys were here earlier this week around like monday and stuff, you know, how we we keep joking about how How like potentially setting up a double bottom for the for that move So that double top was actually a pretty good double bottom setup setting up the middle of that that pattern here Um, so ideally we'd love to see us hit like maybe 427 428s or 430s range next week on spy Um, I know that sounds really ugly too, but It's actually a good setup if we if we hit that area Um, that will also kind of coincide with like one of the other scenarios posted a while back in january 24th here Um When when I said that, you know, we had two scenarios scenario number one 2018 drop Um 20 down move from the top of spy due to tray war and raising rising rates, right? Scenery number two was for You know, we had so much fear in the market that we saw and broke through all support level very fast until the fed Step in flush for three straight days and got a relief rallies a close position So ideally I think so this was scenario number two was 2020 Um, I think scenario number one is playing out pretty good here. So you know, we have like Double bottoms of kind of like we have over here, right? Um, and then we have this move down So actually, you know this move would be this move right here. So let's see how that play out So that's playing out pretty good. We have the little recovery back to the yellow line So the yellow line is over here. I'm not sure how well you can see this So over here, we had to drop below the yellow line. Um, just like how we have over here drop below the yellow line Um, the yellow line is up here And then we had to move back to the yellow line for one point here Um, came back down and then we had another move to the yellow line here one point here and we came back down Except on this one, we didn't get the double bottom move. So how I thought we were going to bounce around for 24 30s This time we didn't bounce. We had only a tiny bounce there Uh, and then instead we flushed even more Um, so this was 260s flushed to 230s. Oh my gosh So that would mean that instead of us Instead of us thinking that we're gonna bounce So let's take a look Anybody doesn't want to see this bearish dairy. Please please turn up. Please close your eyes Please close your eyes Anybody that don't want to see the market die, please close your eyes now So So in that scenario, right where we had we had the drop came back touch the yellow line Which is the MOB line Touch the MOB line came back down touch the MOB line again And then in that scenario when it came back down to that bottom area that we thought with the bottom bounce It didn't and they actually broke through So for us over here, the next MOB line is 382 Now that's very far, man 382 is Is very very far from where we are right now. We're at 440s yo 382 Can you imagine us heading 382 in a week or two from now? That's far, man Actually, I actually don't don't hope I actually wouldn't want us to hit there. Um, let me see I think I feel like the next area we need to confirm with 382 is a little bit far um I think the next area we need to confirm would be 408 This would be an interesting area 408 You think you're buying a dip, but what if that dip is just bigger dip like um, like in march crash Remember this remember this march crash? Yo, I remember Let me tell you guys man. Let me tell you the the craziest shit I remember this march crash, right? We came down so hard We bounced a little bit and then we came down again, right? Um, and I forgot why I think I bought around here like 270s And I started a position in 270s. I thought it was good. You know, I thought I had a really good buy Um, and then we started going like we broke under that we broke under 270s really quick and I was like, oh shit You know, I was like, oh man Um, I don't want I don't know what to do a lot of the things I bought just died so hard It went to like unforeseen levels man like levels that Just weren't even on the chart And and I got shook And I remember I actually I actually like lost so much, um money that I got liquidated, right? So over here when we broke under this area here Oh my god So the reason that the the thing that a lot of people don't know is that when the market is dropping a lot like that The your exchange your broker that's holding. Um, that's holding your positions. They, um They also increase your margins a lot. So let's say before If you could, you know for every thousand dollars, you could buy two thousand dollars, right? Let's say like currently for every thousand dollars. You can buy two thousand to four thousand, right? Um, but once the market drops like that for every thousand dollars You can buy only a thousand dollars, you know, so if you overexpose yourself Oh You were done. You were done if you were overexposed yourself. You were done. So for me when we hit here Um, my hedge was supposed to help me with the go But gold didn't didn't you know, everything died like nothing was immune to this crash. So I ended up getting liquidated across the board and I had almost nothing left in my portfolio, man It was so sad. It was such a sad ending day I was I was shaking out so hard I actually didn't even buy back until like somewhere in april Um until we had like a true recovery summer in april. That's when I started buying back positions Not really. I usually always use 2x. I I mean like the market The market conditioned you to use 2x margins so much that it's very hard not to It's very not hard not to use 2x margins when the market has conditioned you to do that But yeah, it'll be very interesting The very interesting if it comes to this level So we'll see we'll see man. Um, what else did you guys want to look at today? I think we have some earnings today to see how under armor that apparently they Apparently it was not a good data for them under armors earnings per share was 14 cents up from 12 cents a year over year sales is 1.5 billion as opposed to 1.48 16 percent increase compared to the same period last year Um and six percent increase in sales compared to the same period last year Next quarter they see about two to three cents. Um sales growth guidance increased from In low single digits to mid single digits clap clap clap BTBT that's the big queen company UVXY Hey, man, don't try to troll me here Watch carl comes in and say hey, you can't chart the vixx Ha ha So revenue is up 9% so they're seeing some increases Margin is good Expense increases well Net income is still good positive Operating incomes expected to reach 30 to 35 It's a little bit on the weaker side A lot of we structuring apparently Didn't talk much about supply chain issues, but the numbers wasn't too crazy Revenue growth slowing down the company is coming back to The company is actually trading below the prices of 2020 Under armor has been struggling man. I remember in In like um, was it 17 2017 it was already dying Um One of my old boss this freaking bozo guy man this guy nick He um, he was such a big fan of under armor He said he bought it at like 35 dollars and he just kept buying on the way down um, he said he's been loading up like Like all the way to like 20 dollars kept buying all the way down I wonder if this bozo is still buying He's like he thinks under armor is going to overtake nekki someday Let's see I mean, I have an armor gear myself, but I don't think they're going to overtake nekki though That's like whole next level I don't see anything for BTBT, buddy You just want to see a chart on it or what you want to do it is at a double bottom It's a crypto related company But big queen is kind of bearish, you know UVXY let's see Well, Adidas is extremely hard to buy the stocks for So yeah, UVXY is breaking out a little bit. It's having a strong move. Um, Usually if you want to chart UVXY you're going to have to chart VIX itself, um, which is VIX the index and VIX itself I actually looked at this. Uh, yesterday as well We were hitting MOB line So it was setting up for it for a possible bounce yesterday actually And so it wasn't too surprising to see that huge move up today I just thought that we were to go on a relief rally some point today, but I guess that didn't happen Um, I should have known better if we were to get a relief rally, it would have happened by 12 30 That didn't happen should have known that we could have flooded but um, VIX VIX actually set up double bottom as well on the shorter time frame. Let's see if we can pull up for you guys So look at that. Look at that VIX double bottom, baby uh Well, usually like usually like usually if there were a move to happen it would have happened by lunch time That's what I meant Um, and for today by lunch time, we didn't really get any big moves to the upside So I should have known better that we weren't gonna get the big move to the upside. That's what I meant Um, because yesterday when we're looking at the VIX VIX It was looking like, you know setting up that crooked double bottom Um, and it was ready to go. So it kind of goes it kind of went today Um, I still think we have more opportunities to go It is very it is just getting started on the daily On our fast magn D. It's just getting started. Just got to buy a signal um Pull it up on the es so you can see es you can see spy Right. I've seen a lot of bearish type versions here The fast magn D had already crossed over last week in the close Then we had the fake out. You know how we joked about how how like, um, it's just mms trying to trap us too so You know, we had that fake out Looked like a trap here. Um, so a lot of people were thinking bullish reversal And they probably caught that trap getting caused while you know, while some of us was closing position Taking the opportunity to take profit. So now we're just having a strong move down And this is kind of aligning it with with it too. You can see the crossover So we're actually getting a lot of confirmation to the downside here Um, let's check out BTBT Any news on BTBT? No, no news So BTBT on the chart technical wise, it does look good. You know, we have the the double bottom Um It looks sexy. It looks sexy. Did you shh? Did you shh, right? Ideally you would love to see this um, but the same time The same time BTBT And let's pull on the weekly pull on the weekly Oh BTBT move kind of weird Doesn't always move with bitcoin a lot But it dies with bitcoin It dies with bitcoin. It doesn't move up with bitcoin, but it It sure likes to die with bitcoin I think they also did a few share offering as well. So these prices are are pretty like fake, you know The lows should be lower because they did share offering where they diluted the stock um But unless you think bitcoin is going to see a huge rally then It's hard to be bullish on BTBT, you know Bitcoin could get a relief rally if if you um If you if you you know if if people see bitcoin as gold because typically Actually, typically go bitcoin and gold does run pretty similar. So we could see a relief rally on bitcoin to like maybe 43 thousands with would go moving up because People are kind of saying like go is like um Like they're saying like bitcoin is digital go, right? So if people are getting scared of the war and they want a hedge with um aka You know digital go then then we could see a rally in bitcoin Over the weekend, you know, maybe a fake rally before it really crashes back further um But even even in the daily close we saw that we verse over here on bitcoin You know, we're seeing weakness because it looks like a breakout over here. Um, we have the huge move here But now we're seeing um red candle on the bottom down. So it could be something like this, right this one So look at look at these two comparisons Seeing green green green move up. Um, and then we verse so confirmation to the downside So there's been a lot of those so watch out Be very careful I'm not too bullish on crypto right now Just because I know inflation is coming interest rates gonna increase And and crypto is also, you know In in one way you can say is uh is a digital go In the other direction you can also make an argument that bitcoin is a speculative asset It's a speculative digital goal, right? So in the other sense that is a speculative asset A lot of the speculative assets don't do very well When when we are going into a recession and I mean as much as the fed hate to admit it Dude, we're in a freaking recession man. We're in the recession I don't care what the fed says. We're already in one Just drop just make the interest rate happen, man. Jeez xom xom took a look at it the other day, you know, um, we talked about it last friday interest rate was I mean the interest rate, um dividend was being paid out this week So we were looking, you know, it was good areas to sell. I think some other people are asking about us all as well So oil is hitting um all time high. It's hitting this trend line all time high for the last few years It's hitting all time high on the trend line So I'm I'm kind of expecting to see a rejection But if it doesn't, you know, I'll be a little bit surprised if it does Then I think we could see a rejection across the bore for xom as well Um could potentially see xom test like 65 dollars If if everything, you know goes down with it. Like I said, um, if the market crashes Almost nothing is immune. Nothing is immune, man So just be be very very careful if you're not sure what to play sometimes the best move is no move Yeah, that's true. That's true. That's a really good point. What are some art companies to invest into? What do you mean by art company staff recession? There's actually a few sites that lets you invest into art and stuff, um collectively Yo, would you guys believe me if I told you xom is at all time highs right now? Little rock, you know what the all-time highs for xom is? Huh? No, no x xom xom So all-time high is a hundred four dollars, right? See here 2014 all-time high is a hundred four dollars But what if I told you The price right now is actually all-time high. Would you believe me? You don't believe me. Let me show you okay, so This is actually something that a lot of a lot of people don't know Um, so there's something over here. It's called adjust data for dividend. Okay um, so adjust data for dividend, okay, so What that mean is what what adjusting the data for dividend means is that It it um subtracts the price that is pay out in dividend, right? Because when a company pays out the dividend it is essentially taking the cash From the stock to pay out to the shareholders Um, and it's a way for them to distribute profits to shareholders, right? So throughout all this time all this time if you actually took the price that they um they they they gave out to shareholders Um, and you subtract that you know, um to to the price or you add it to the price In a sense Then then the current price once you adjust that data the current price of xom Is actually at the highest level is ever been Believe it or not Look at that See that even in 2014 it was adjusted Adjusted price actually puts at $73 so The price right now Is actually the highest it's ever been at at like, you know, $80 or whatever is that? Yeah, $80 So it's the all-time high and the craziest thing is The craziest thing is believe it or not you can research this yourself. All you have to do is google xom investors Relations right if you google that and you look into xom's investor relations page And then you click on the annual report for 2020 or 2021 You will find out that actually I pull over here right here for you. I pull up. I got you guys. I got you guys xom Net income right so income after taxes expenses and everything right Got you boys so Keep in mind, okay Keep in mind. We said that xom is at all time high all right, um But at the same time they also lost A buttload of money in 2020. Look at this data negative 22 million dollars net loss um because of this um Because because russia had essentially destroyed the oil economy um And caused like a mega crash in like april of 2020 and because because it was a weird supply chain issue where Where nobody was using oil right because oil is based on economic activities So, you know since everybody in the world shut down nobody was using oil So so we can essentially only store You know x amount of oil and we got to the point where we maxed out storage of oil and then russia apparently um was going to war Uh price war like oil war with uh, Saudi Arabia and both of those those guys apparently say yo, I hate you And they were just like beefing each other like fake beef though just fake beef They were fake beefing each other and they were both dropping the price of oil While at the same time Pumping oil like out like crazy. So they pumped out so much oil That that um that like there was like excessive oil throughout the whole world, right? It got so excessive that there was literally ships all over Um all over us like there was literally oil ships surrounding us that couldn't unload That it got to the point where we had too much oil that every single oil company They didn't know what to do with it that they literally had to pay people Like um, they had to literally pay people $3,600 just to take a barrel of oil I remember this because one of my friends called me up and he was like, yo, we can buy oil For like a hundred dollars a barrel and it's usually like, you know, like right now it is like 95 Like like 9,500 or something like that Um, but he was like, yo, we can literally buy if like they're cheaper now This is like the only time ever in my life. You want to you want to send me a hundred thousand dollars to do it I'm like, I'm like, what you want me to say your hundred thousand dollars in one day just to do this Like anytime to make this decision, you know But but they they did it in such a sneaky way that it end up killing every single oil company in the u.s So pretty much all the smaller companies, um that was pumping oil They they got screwed man. They got screwed and it's not something where you can just like, oh, let me stop the pump right now It's it's a very complicated process where you stop the pump. It takes time and things like that too So it's a whole it's a whole crazy thing But did that mind blow you guys that I blow your minds a little bit with xom Doesn't this company seem overpriced now? Are you still extremely bullish mario? Are you still extremely bullish? And you can look up all this data to it just you know google and things like that Everything is everything is up there You're still bullish. You're still bullish on oil. Oh my gosh Crazy this guy you guys are crazy, man You guys are crazy But you know, I'm not saying like I'm not saying this is the like the biggest opportunity to be short But I just wouldn't longer at all Uh, I mean I did show some oil. I did I did take shorts on oil But you know, I wouldn't like advice you guys to go like, oh, oh, you know double seven set Oil is a scam. Let's let's all in my port on it, dude And buy next week's now don't do that though, you know, just because we know it was a scam Doesn't mean that the market will give us the opportunity right So just be be a little mindful of that I mean definitely take some shots at it, but don't go all in don't go all in Anything else you guys wanted to see? What's up g man? Thanks for subbing the other day bro. Appreciate that Let's see what regga said Russia has nothing to gain from invading it'll be lose lose but instead himself Call me crazy, but I feel like I feel like um I So I was I was reading some a bunch of stuff and they said that russia was looking to invade so they can take Take control of the whole territory So they can like put the military might and everything there to secure the building of their pipeline, right? And then like some people are saying that apparently ukraine is um Is like is like the ghettos. I could be wrong. I have no cool. I have no experience in that territory I've never been to the area I don't really know much about the area Um, except from what people say and you know a lot of times what things people say are like I don't know how how reliable it is, right? Um, but from what I heard It they said that um, you know the the republic or like the government doesn't have a good control Of things and that a lot of it is just like It's just wild Kind of like how like some of the the countries in the africa continent are wild like, you know Things are like out of control corrupt it and all that stuff. I mean it's not to say like russia isn't corrupted as well But apparently like some people say oh, it might be like might be good to have have like that kind of control Ukraine women are gorgeous. Are they let's let's find out. I don't know. Let's see. What's uh, what's the ukraine woman like They are they are all gorgeous, right? Dang they can mess me up That's a serious military right there That's true. You're not wrong, sir. You are not wrong They are gorgeous What's your opinion semiconductor stocks? Oh, that's a good question, man. That's a very good question Um, you know, I was actually looking at the trade today. So Before this double chart, I was actually comparing the trade between Because I know next week we have envidians earning coming up And and I was thinking about setting some place for it. I should have set it up earlier. Honestly um I should have set it up earlier But I missed the opportunity to it's really alerted to the guys But I wanted to set up a strangle for the semiconductor industry because Before the vicks ran up A strangle is really really cheap for the semiconductor industry. So I was looking at x os s o x l Um, as opposed to like nvidia, right? So this was I was looking at Show you what I mean So we're on the daily chart. Oh no, this one's on the daily chart, right? Um, so I was looking to see how how like How much confluence it has And how relatable it was for nvidia against the sector, right? So s o x l is the directional semiconductor bow 3x, right? so You will buy shares of this company if you were extremely extremely bullish on semiconductors. So look in the nvidia Um, you know, you can see like when nvidia ran up like over here The this obviously ran up a lot, right? And then when nvidia kind of crashed over here, right? This crashed a little bit. Um, then when nvidia crashed over here pretty hard. This also crashed pretty hard, right? so we can establish that That it's pretty similar in terms of movement And and the reason I look at this is because um, you know, obviously to make a play for nvidia It's hella expensive, bro. It's hella expensive nvidia premium is always stacked so darn high Um, and especially since they have earnings next week their premiums are like 200 300 man. Jesus. Let me see Yeah, so iv imply volatility is like 99. That's pretty high. Um, I think it might even be higher than that, honestly So because it's so high, you know, like like to play in the money play costs like 1200, right? That's a lot of money. That's too much, man But if we were to play xo x out in the money, um for next week It's like only 360, you know, it's way cheaper. Um, in that sense in probably volatility They go up a lot now because of the the market moving Um, so I was thinking um when we're up here when we're at $47 I was thinking of taking a bearish position back to to um, I think it was actually 40 45 If I remember correctly, um, I was thinking of taking a bearish position back to over here, which was like 37 So I was going to take like a 35 And and like um and like a 55 move So if invidia had a really good beat, you know, we could have claimed all-time highs Um, what it came up here, right? Could have could have came up to 60 plus and then if invidia didn't beat and it started to collapse and the whole market collapsed with it Then Then, you know, this would find new lows It would it would come down to like sub 20s over here come down to like 27s So I was contemplating about playing like uh, like a 45 Well, actually no, it was already at 45. So I was thinking about playing like a 40 50s Thinking about playing the 50s on the long side And then the put side I was going to play $40 That was when it was at 45 today. Now is that now it's at 39. So It's ready So it's already moved a lot. It would have been something like this It was so cheap today, man. Holy smokes When I was looking at this play it was so darn cheap Jesus It's way too expensive now doesn't make sense anymore But I mean it could still work out because like let's say five dollar move on both sides If invidia makes a big move and this comes back to like 65s on the bullish side or sub, you know sub 30s, right? then this could still play payout because If we go to the sub 30s If we go to sub 30s, um, give me a smaller time frame So if we go to sub 30s next week, it would cost about 3.95 for both of them sub 30s would pay out 6 30s Um, and then if we go to 50s, it would pay out even more So the higher goals the more it would pay But these were less than a hundred dollars today at one point mad cheap Um, but yeah, I think I think semiconductors will look real interesting next week But a lot of semiconductors are very very bearish. So I'll show you what I mean by bearish So we have invidia, right invidia Hit the MOB line over here got the rejection looks like it's coming back down RSI crossing over to the downside as well Same thing with AMD Very very bearish, you know moved back up tested the MOB line rejected from the MOB line Coming back down as well. So Also very bearish very very bearish, you know, ideally looking for 10 potential move back to a hundred dollars You know mac d rsi coming cross over and coming back down as well Um, I mean could look across the board a lot of the a lot of the semiconductors are very bearish xo and x Coming down to some crazy levels TSM TSM not so bad actually not so bad Um, could come down a little bit more 116 was solid support for a while. I don't know if it will hold this time Who knows man? welcome All come already came down pretty hard almost coming back to this 160 range over here Um area of previous gapped up Geez A lot of things are looking ugly. I'm scared. I think even MU probably What's up with MU? Why is it so strong? Uh, no actually it's not strong. I got beat up lost all the gains MU had the double top like the market Could potentially hit 84s. No way, right? Well, MU had this inverse head and shoulder Was looking really good Why was MU so bullish today? Last two days Does anybody know It's just like a pump and dump. This is bad news January 26 No real news on MU itself from like wall street beds But yeah, that's pretty much it. Um I hope that helps guys Come back. We'll be back Monday to look at more stuff. See if we can find some opportunities. We have some crazy earnings um, you know as always probably post an update on monday morning as to direction of Of where the market is going so you can find out my twitter. You can find out on uh So find out a twitter over here for updates So I hope that helps guys Have a great weekend. Enjoy your valentine's day dates and stuff like that and take care I gotta run. I appreciate you guys for stopping by and hanging out, man