 All right a couple of things before we start guys today's Tuesday at 7 p.m. Market time on every Tuesday Joe Kelly does a large cap and options webinar for the MIC members This pretty much is I mean worth the membership alone. We Other places do want webinar every quarter or whatever the hell it is. We actually have Multiple every single week and these are full-blown They're doing a great job man Joe Kelly and Loa does it on Thursday Power points lies in everything. I'm like dude. This is better than this college I'm talking right now when I had I attended last week. I was like dude amazing amazing stuff These guys get better and better each time with the webinar So at 7 p.m. tonight large cap But and options so we do options as well now and then tomorrow at 2 p.m Market time always market time Tosh does his new member orientation Which we kind of changed the format now, so we're doing live trading and kind of like a talk show host environment Free to the public 2 p.m. That's tomorrow All right, so I'm gonna jump right in guys The topic because I've been getting a lot of questions lately Just got the same question yesterday pretty much every single day Anybody that finds out that I trade Friends family whoever they keep asking me about give me a stock tip And I'm like, uh, first of all, if I knew a stock tip I'd be a billionaire Second of all, I'd be a billionaire in prison That would be insider trading. So no, we do not know any stock tips But what we do is we know The setups we know how to find the stocks to make money. That's what we teach every day I don't give out stock picks as to be honest. I that's not what I do. I stay in my own lane We don't do alerts. We teach you to be self-sufficient trader Um, so they ask me all the time. Do you think this is a stock market bubble? And I'm like to be honest I thought it was a bubble freaking for the past five years and it keeps going up, right? and I'm not going to be arrogant And keep saying I know the top. I know the top like all of those arrogant guys Who's been saying? Tesla has a scam for the past five years looking pretty damn stupid, right? Same guy's calling fucking for hyperinflation gold going to a million dollars at the end of the world printing money all this they're all wrong No one fucking knows guys and the fact that everybody thinks the market is going to go down Shot the markets way up When everybody thinks one thing usually the opposite is It's going to happen. It's called over crowded trade all the smart guys short of tesla Tesla squeezed the crap out of them guys been shorting the markets because they're supposedly printing money inflation and the feds still printing money And you know keeping the interest rates pretty much to zero and letting things inflate including stocks So is the market topping out who the hell knows but what I do know is this I know Technical analysis, that's what we teach at MIC We I know support resistance and that's all we can do If anybody knows they know for certainty What the stock market is going to do? They're bullshit. They should be trillionaires not even billionaires if they know No one knows exactly what's going to happen, but on a finite small level Small scale time frame I can predict with high probability if The stock goes down Passes short and line support line is going to go the next line. I call that line to line That part I know It moves from support to support support to resistance Resistance to resistance things like that. So we call that line to line and that's all I know I know if the market breaks a certain support line is going to go to the next support line And so it is a market topic who the hell knows but You have to protect yourself It may or it may not so if you are short the markets thinking the market has topped out You need to put a hard stop in So the market has been killing everybody for the past year on 12 years Okay, and the only thing I know is if it breaks a certain Resistance is going to go to the next resistance line. Okay And so you have to use hard stops and that pretty much answers that question Is the market at a bubble? Who the hell knows it's been at a bubble forever, right? And I'm so let me uh, so I'm going to give a quick Um analysis of what I really think the market's going to do right if I had to be a If furu if I had to be a talking head on CNBC, I would say this Main street the normal guys mom and pops Small business have been getting slaughtered killed They wouldn't they came and opened up business for the year due to kovat, right? You have to send out these trillion dollar stimulus packages People are getting $1400 So the fuck then the normal main street economy is messed up People do normal people do not have the money, but for some reason Wall Street is becoming The stars keep going up How is that possible? that is the This connection I see that tells me I think we are in a bubble But just because I think it's in a bubble doesn't mean I will short and go all in. That's how you die Okay bubbles Bubbles can last a long time This bubble is lasting for a long time guys. All I know is you got to be fucking careful You have to learn how stock moves how the stock market moves how charts work And so there's major support lines that if it breaches it breaks under It will signal Going from bullish trend to bearish meaning it's going to go down So how do you know all this? Well, this is what we do every day guys, you know You can draw a technical analysis on the entire chart of The Dow all that or you can do it on a stock by itself So the answer to that is I really think it is a bubble But doesn't mean you short it the same thing with low slow stock It is a pig. You know, it's gonna get diluted. You know, there's a shelf out. You know, there's offerings out But it will squeeze you The early shorts and then fade all day Same thing with the stock market bubble guys. So the best way to do it is to be educated on knowing Where the support lines are where the resistance lines are and how do you trade around it? Because what's going to happen is this you're holding Your your your you have 401k things like that And so another option you could do is this guys if you think the stock market is in a bubble That you're going to wake up one day. It's going to get flushed out You can do what's called a hedge You hedge yourself because you're along on all of these stocks Because you're in your 401ks or whatever You're long and then you buy a bunch of protectionary put options On the market just in case it drops Okay, you're paying maybe 10 percent premium or the whatever you're paying But it's just like an automobile policy You're not going to crash your car, but I'm still paying two thousand dollars a year To do ensure my Mercedes, right? same thing concept with buying these options as a hedge And this is where mic comes in to help you guys Joe kelly, are you there Joe raise your hand if you're here Joe, maybe I'll bring you on to talk about that Um, this might be a great thing to start talking about maybe for one of the future webinars Maybe we can promote this how to hedge and protect yourself in case Of a stock market tank using protectionary hedge options Okay So if you are up a ton of money on stocks, which you if you were long for the past five years you are up a lot You but the thing is what goes up has to come down guys and nasdaq tech stocks has corrected insane People are doubling tripling their money From that stuff right But then you wake up one day you're like fully crap It's not bouncing If you have protectionary puts To hedge those positions those puts would pay you out You can actually make money More money than you would make if it goes down. It's all up to you and Joe kelly Is These are our resident options in large cap guy maybe this would be a great topic On a future webinar how to protect yourself Your 401k's all that that might be a great idea guys and That's every tuesday he talks about that But I think this this could be a great webinar, but what do you guys think guys alex? Are you there joke? I mean how to protect yourself right because what's going to happen is that we have a lot of people that have a job And they have 401k so you it would suck to wake up one day and have 30 loss on your On your retirement plan, and that's where these protectionary Options will be hedged out for you. So I think that's a great idea. So how do you trade? That's the topic of how do you trade in a stock market bubble? First of all Bubbles or not I trade it exactly the same If we are in a bubble if we are not in a bubble The concept is the same guys knowing your support and your resistance knowing I call the easiest way to do I call kiss keep it simple stupid Is lying to one support line support line pivot line or that whatever you may be support resistance, okay? Know all you know And each time it moves from a different region Different area you move up your Your stop loss you have a you can use a trailing stop you can protect yourself with options things like that. So Uh So I don't need to guess based upon that I do not need to be A market guru an expert. I really don't care when the market goes to be honest I'm so adaptable. I've adapted to the point where I could trade long I could trade short I could trade small caps. I could trade large caps. It does not matter where the stock market goes It just needs to move So as a trade trader it's actually amazing volatility Volatility is what I make my money on Stops are not perfectly priced. You see these guys bitching about manipulation That's because they're losing they're losing your ass anybody that you see on twitter talk about stocks being a scam Manipulation pissed off a fucking algo They're losing their ass You don't see them complaining when they make money. I'll do some manipulation I make so much money off of manipulation for the past 15 years 20 years of trading That's how I make my money. If stocks were perfectly priced, it would be a flat line What the fuck if if and so you see these guys all pissed off about valuatially dumbass That's because you cannot trade and you're pissed Why does doc like tesla keeps going up and squeezing you? They're hurting suck They're barely making money But the stock is ridiculous And they're pissed off. Oh manipulation this manipulation that why don't they just learn how to fucking trade? Why don't they just learn how to trade? It's the ego so Prepare yourself prepare yourself man. It could be a year It could be next week that the market plunges. Who knows? There could be a callus. They're gonna be so the key is so I've always told people this For me, I have survived a lot of these market crashes The mortgage crisis of the national crisis things like that and it's always triggered by You know, it's also like The housing bubble right now, too I've noticed this guy. So if a large tech company like apple or whatever starts laying people off. That's a huge sign um Everything's priced so high. It's because these companies Stock is ridiculous So employees of these tech companies are rich They are the ones that pushing the housing bubble up So the moment someone gets laid off It's going to have a domino effect. So if you had to base so in stock trading we We are at the short we always tell our guys Wait for a signal that the stock has topped out a signal could be a death candle The death candle or the economy in my opinion Is laid off if you see a big tech company all of a sudden Start laying people off. That means It's going down. But to be honest, I'm like Who the hell is buying an iPhone? What's apple so hot? Think like that. I mean It's a pandemic. How the hell In my opinion, it's all artificial bullshit The federal reserve All these people are buying stocks to keep the economy afloat They're printing money to borrow money. It's all It has to come down But it doesn't have to come down. That's the thing it has to come down But they could probably push this thing for another hundred years. Who the hell knows if they keep printing money, right? Going to war things like that. Who the hell knows they are very strong Um, but the key I always see is this layoffs Every time there's a crisis companies are laying off And these guys are making ridiculous amount of money at google At these startups all these things zoom. Oh my god, right? And so if you see your friends getting laid off from these high price positions That's a that's a good indicator It won't it's not going to be gradual. You're gonna have a fucking you're gonna wake up one day. That's what happens So the mortgage crisis they woke up one day They woke up one day and they go holy crap. What the hell You know That's the thing you'll you'll get so fucking blindsided because what happens is big money knows man In my opinion, there's big money knows they have to they have to get rid of trillions of dollars of their assets And it takes time they're so the mortgage crisis what they did is they they held up Those fucking convertible swap, whatever the hell it is for the fucking mortgage shit, right? That's while they sold it So I was I'm surprised both the taxing goes gel They have emails leaks by going to the tax saying These these mortgage swaps are worthless But they're selling it to their fucking Their people they're selling it to their clients There's their their high worth guys. They're selling it this Meanwhile, they're shorting it. It's fucking so scammy But these guys wrote the rules for some reason the only went to gel You know, it doesn't matter. This is this is the fucking manipulation guys and without manipulation we would in my pain It'd be very hard to trade Because I know the end game. There's a reason why I created small caps Oh, they're all manipulated. So when I hear people start crying about scams of manipulation. I'm just laughing. I'm Wait, you're making money on manipulation. But then when you lose you you cry about manipulation, right? So if you know the end game guys That's that's what we teach at m. I see we know exactly how to capture The end game. So that's why I love to short All these stocks let them rip up eventually gonna come down and we know exactly When they'll come down Not exactly the price But the signals Right the death candle. We can teach you all that guys um Let me see it's Joe Kelly on I want to bring them on is he's trading is he working Or or and who's a options guy at m. I see one of the one of the moderators You have all this stuff crypto guys. Okay. There's another there's another bubble m nft non-fungible Token stuff. You gotta you gotta be ridiculous. I mean you gotta have fucking so much fucking extra money where you're buying $5,000 fucking jpegs Sure as art, but it's when you see a fucking pokemon car selling for almost a million dollars football cars baseball cards selling for millions of dollars for a piece of paper You know that there's so much disposable income people, you know, so It's gotta be a bubble the the moment People don't have extra income all this shit's gonna drop down guys Alex, what do you think we should bring out should I bring on what do you guys want to talk about? Do you have any questions guys? Otherwise, we'll end it here The key guys is to learn how to trade Via the fundamentals the process the process works across any marketing edition So people always worry about the bubble. I'm not worried about the bubble. I'm worried about there is no I'm worried that the fact that there's no volume I love these bubbles. That's how I make a ridiculous amount of money on them We make money when it's bullish we make money when it goes down We do not make money when it's flat line You need you need movement to make money as a decorator any questions guys I want to keep these short and sweet nowadays People have a very do me a favor do us a favor go to I mean we we do this for free guys We every week Alex and I does this Can you just go and subscribe to our youtube channel? Please can you add? Us on IG Everyone just start following me Alex Tosh and m. I see please I mean that's the least you can do like our videos I don't talk about it enough, but it really helps us because we're doing this for free The reason is we we want to combat the fake Bucks, there's so many idiots out there trying to scam people I've I've never had so many impersonators pretending to be me on social media to try to scam you Out of bitcoin. Let me do it. I don't fucking touch bitcoin. You know that I would never fucking DM you asking for your fucking money You know be smart guys be smart So do us a favor The way you combat scam is to Follow us to have our videos go up click like on our videos I mean you I see thousands of views, but not many likes I mean it's why can't you just click like for us? Because these scammers are asking people to click like and that's the thing And so the scammer videos go up and this is how you get scammed guys The last thing you remember as a new trader how many people scammed you? You don't want that to happen you value yourself that you're going to learn So help other people out just click like subscribe to our videos subscribe to Follow us on instagram Myself Alex Tosh in my investing club Click on our just click like when you come in just start clicking like for us It takes you literally a second right to click it, but it helps out guys tremendously to get rid of the scamming Any questions guys Every time I do this instagram live the fact that you click like we'll do this Alex Why don't we who wants like a free month of m.i.c You know maybe we'll do giveaway or something okay click a bunch of likes subscribe to our stuff Text Tosh and we'll pick a couple people today to give a free month of trial You know show us that you really care because there's a lot of people out there that are skeptical And there's a lot of people there that don't have money, you know, it's tough nowadays so So, you know show us some love by clicking the likes and stuff and then text Tosh Tosh give your number out any questions you want And say hey, you know you subscribe And we'll put some stuff up for you guys and then maybe we'll now sit tomorrow During the live webinar Some winners There we go Alex Like a thousand of these likes on this video and we'll give away You know monthly membership things like that, right? I mean just just fun stuff I mean we give away stuff for free all the time just help us out And we do this for the algos the youtube instagram algos push our stuff up so that you do not get scammed because man how Do you remember those fucking Videos by those fucking guys that claim to be the best traders in the world How annoying those guys are so you don't want to see those guys start clicking like to our videos Push your number again Tosh Hey Joe's here. Can you go on for a little bit Joe? Just for five minutes Is that a great idea today Joe? I want to hit, hey brother What's up man? Can you hear me? Yep. I want to How's it going dude? So I want to introduce everybody to Joe Kelly. He's our head moderator Um, he does every Tuesday at 7 p.m. A large cabin options webinar, right? You do one tonight, Joe? Yep. Yeah, we're doing one tonight. We're going to talk about the importance of opening volume And key times of the day not just zombie hour, but other key times of the day in large caps That's awesome. So I think if you missed the beginning I talked about Because is the market a bubble so you have guys with long positions for 1k's iras I talked about maybe it's a good idea to have the next webinar About how to have protectionary options To hedge yourself in case you wake up and some fucking shit happens the market takes 30% So you have a lot of guys right now that are high on All these stocks are up, right? They can be wiped out. So how do you protect yourself in cases of the bubble? Maybe by some protectionary puts options things like that So if you that might be a great webinar for next week, man How to protect yourself? Yeah Yeah, they call it selling covered calls So for any of you that are long equity positions if you have like shares of Let's just use like an apple for example We will save for the next week, but I think that'd be great, you know, there's many ways to do it We'll probably bring on ak wildlife for that one. That's what he does probably every day of the week And uh, and we can talk about it. So A little guest showing the mortgage crisis financial crisis. We woke up. It was bloodbath and everyone's like crying, right? So this is a great way to do now. We're planning it. So, you know, this is a I tell them it's like a fucking car insurance policy, you know, you're not gonna get in an accident But we didn't actually at least you're covered So how do you do that right and make money at the same time? Yep, it's insurance against your long positions So that might be great for next week and then for For you guys right now see you guys at joe's webinar tonight. Anything else joe 7 p.m. Eastern we'll see you there All right, brother. Thanks man. Thanks for coming on joe Later, buddy. All right All right guys, I'll wrap it up. I think we have a great idea for next week's webinar protectionary You know, this is what you do man. We don't just talk about it. We show you exactly how To protect yourself how to make money because you don't want to get caught man You don't want to be the last guy holding the bag. All right guys. I'll see you guys later Next talk