 Guys Tuesday beginning of the week. Oh market is super red today See what's going on. So we got a lot of earnings coming out this week. Today is gonna be a big day as well Tomorrow there is days the big earnings week. We got Netflix ISRG CSX so many PPG And so on at Friday we have some little banks Really really interesting week ahead Okay Testing testing What's up guys? Happy Tuesdays Damn, I hope I hope I hope a lot of you guys survived the day We look like we were moving up on Friday really well, but there was a lot of rug pole today So hopefully hopefully you guys were kind of prepared for that. They didn't get hurt too bad Let's look at the market Activision was up 25% for the day due to the Microsoft acquisition Everything else has just been Near zero a lot of chop a lot of chop between zero to negative 5% What's up CG2k? How you doing? Yeah, it was a red-ass day. It's it was tough, man I don't think anybody was safe from a day like today What's up nasty Nate? I hope you guys are surviving. Okay, man. Oh CF industries is up 2% Electronic arts was up 2.6% But gave up a lot of the pre-market gains as well I mean they had no reason to run though, you know like yeah, sure You know Activision got bought out and they ran like 25% but You guys are just other competitors who care about them Spy with a fake out both ways. Yeah, it was tough Excellent mobile capped up some more today. Why? Apple coming down a little bit down 1.8% And you got Microsoft down 2.43% I feel like that Microsoft coming down has low key been like big investors Knowing ahead that they were gonna acquire Activision because usually when the main company that acquire somebody They usually end up coming down a little bit and Microsoft has low key been coming down for no reason About all the other big techs were holding pretty well like Apple and Google So you can see like the difference here where Microsoft came down a lot more in the last Month or so as opposed to like how much Apple came down Stitches therapy. I got you man. If we die, we die together We write we write up together. I got you guys What's up? I'll be Nicko. How you done? So this Monday, you know every Monday usually post the market outlooks So I post that this week as well. Let's take a look at that I was just testing this new thing to where I'm posting the videos as well So this week you guys can hear my actual thought process on the outlooks So this is what I wrote up this morning So I published this a little bit earlier in the morning if you look up the trading view profile or if you look at um Yeah, today's Tuesday though, you're right Or if you look at my Twitter, I published it I said today was gonna be a wrist-off this week was gonna be a wrist-off week Possibly a double bottom setup, you know that which means we have to come back to like the same level We were at last Monday's right? So looking for that double setup I thought that a spy could stay above 457. We would be pretty bullish We're under 457 right now. We're at 456.5. So we need to really reclaim 457 But we are at the trend line. We did hit the trend line this morning We were literally sitting on that trend line area, which is like let me see So the trend line area on ES is 4566.25. Where do we close that? 4569 so we close above that moving average over there and above the trend line So I think we're still pretty okay bullish. I still think this is a good area to So kind of go long a little bit But obviously not full port and I like oh let's all in and go long, right? But I think it's a good area to nibble some cause Go long on some stocks that you really like and It possibly go long for like at least one week out It was a rough day, man. Hope you okay. What did you trade today cup of magic? Amazon So that's my thought on spy today on the market outlook that I posted this morning the other thing I was looking at I thought could be a good short and Some of the guys in the algorithm did it Financials was put setting up for a good short from Friday because it had a strong run Right, but financials usually don't run that hard without pulling back So we're finally getting that pullback in the financials a little bit some of the earnings weren't as good as expected Goldman Sachs came out with the earnings today and you know There obviously their earnings is not going to be as crazy as last year because they're not behind as much IPO day deals and stuff. It's hard. Last year was a crazy year. A lot of specs a lot of IPOs so That's why it was like easy money for them nothing Amazon stopped out on losses Can you look at shop after I got you? Let's look at that So the dollar index was also kind of giving us that bearish signal if the dollar is up It's bad for the market. The dollar is down. It's good for the market and as you can see the dollar index is bouncing off or make a break line MOB line here and Two-year yield moving up to 1.04 percent overnight And that's pricing in three percent. I mean three rate hikes So at that point which could be potentially strong for the dollar. So we saw the dollar move up a little bit here If we want the if we want the market to recover we need the dollar to either chop or come back down a little bit So we'll see QQQ has been bouncing off the green trend line, which is this green trend line, right? For the last 18 months showing are that showing us that we were in a bullish channel So this is a green trend line that can extend further down here And it's been bouncing off that area really good like almost every time the last few times and And that's what's been giving us that bullish channel, which means that just this upward channel that we've been moving But I mentioned over here that however, if we break under it this week We haven't really confirmed that we're really breaking under it. I mean we're under it today, but I Think we have we have to really see it for the week to really make sense But I think if we if we break under it this week and we continue to stay under that this week without coming back above it then that's going to be ugly because if we if we don't we cover and stay above 369 and Then we could end up potentially going down more You know the picture going down here Maybe bounce back to the trend line and then just keep going down and it would just be that downward slope Slope and that would be ugly. I don't think anybody wants that. So as much as we can sell that bearish case There's also the possibility that hey, we got such great earnings coming up And if they can continue to to say good things it could potentially carry the market So, you know, we've got things like ASML P&G Then we got techs like Netflix and ISRG So Netflix is gonna be the first out of all the things to report So that's gonna kind of carry the big tech a little bit. So we'll see I think it's gonna be a very interesting week But definitely a risk-off week What are our thoughts on this? I think whatever floats your boat Anthony, whatever floats your boat Good afternoon What's up? Let's check it out. Let's check our IBKR. We try we try Copper magic acid my bullish on Netflix I Express my point on Netflix last week. I am kind of bullish on it. I really don't see how not to be bullish Especially like I can't they had to they have to come out with some outside narrative For me to not be bullish on it because I can't I can't justify it I can't justify it from my perspective. So either I'm missing something or either they're they're they they're Membership subscriber numbers would have to truly be really really ugly That's the only thing I could be missing, you know other than that I don't see how how I can't be bullish on it Nice nice. I'm glad to hear that Anthony. I'm happy to see that you make money. Good stuff, man Interactive broker group earnings per share is 83 cents. It's in line With the estimate apparently sales is 603 million as opposed to 678 So compared to last year, they said this is only about point six seven percent increase less than 1% increase However margins was about 20% so EPS was a good increase there Let's check out the stock price compared to last year Too much sharding with TV surfaces. Maybe piracy is back. What do you mean? Talk about Netflix. Oh sharing. Oh, yeah, yeah, um, oh You mean like there's too many competitors that are competing against Netflix Yeah, I mean, yeah, there's like few both TV. There's Roku. There's Disney Plus There's HBO Max, but I think compared to all of those Like they're they're all like indie man. They're all like like indie and and and and you know, like like kind of like Like like in the own category, you know, like people would really really have to like a show on HBO Max's sub for HBO Max and things like that so, oh Yeah, who do too. I forgot about that, but like I think Netflix Netflix is just like Netflix is like a doormat man. It's like the Gateway drug. It's like marijuana, right? It's like if you're gonna do drugs, everybody knows you have you're gonna have that, you know, it's it's like the standard It's like Netflix is like it's like when you go to somebody's house, then they offer you water, you know, like that's it Like it's the standard. Everybody's gotta have it. I feel like it's just like It's just a necessary it's a it's a necessary item, man I think I think that's what Netflix become. It's become a necessary item. Whereas all the other services are just Excessive right it's just extra. So I feel like that's where Netflix really wins because they have so much shows They'll they'll bound to have something that somebody likes So that's why it's become such a standard, you know, but I can be wrong. Maybe I'm just biased. Who knows? Nasty may says I'll get Netflix when I get a girlfriend But but let me ask you this man. What if what if you're not getting a girlfriend because you don't have Netflix What if you need a Netflix to get a girlfriend? So for that Let's see we got JB Hunt as well. This is a transportation service that we ported today Let's see what they said earnings per share Q4 is two dollars and twenty-eight cents as opposed to two dollars and one cent Sales is three point five billion as opposed to three point two eight This is a fifty eight percent increase compared to the same period last year and Twenty-seven percent increase in sales compared to the same period last year The stock is only moving up one percent at the hours. Let's see how it looked like compared to last year Last year company was trading around a hundred and fifty five ish give or take in that range 155 to 135 And they have about 27% increase in revenue So kind of around that 196 area pretty close to that range that they are right now If we're cackling in terms of EPS, they would be worth a little bit more Definitely Netflix to Netflix and chill Facts Get Netflix first not the stock Can you please talk about how you manage risk or hedge when the market plummets? My account is bloody again. Oof. Sorry to hear that That's a good. That's a good question So Generally for me like I'm not sure if you were here earlier. I just went over at the market outlook So generally for me, I usually try to write down and figure out my plan So this is something that I I do for you guys, but also something I do for myself, right? To help myself become accountable and and know how I want to plan for the week. So for me I Started the week off figuring out where I think the direction is gonna go where I think the weather is gonna look like Kind of like if you're if you're going to work today and and you know, are you going out? You go on vacation, whatever, you know, whatever you're doing for the day, right? You you kind of want to have an idea of what the weather is, you know before you go out You don't want to be walking out You know thinking is going to be like a 40 degree weather when today would be indeed 20 degree weather, right? So you want to be prepared for that? So that's kind of what I do with the market except I do it once a week every every Sunday And I go through all the news and everything like that and then you know, I set it myself up for that week And and you know, I tried to figure out what direction the market is going now Sometimes I'm wrong and some and most of the time I'm usually in the right direction So this for example this week, I'm looking for us I think we were gonna go to around 457 This was the same area. I was looking at last week as well I figure Monday was gonna, you know be around 457 look for that small bounce So that's what's almost like a dead cat bounce, right? Usually you always get that and then Wednesday I told a few of you guys that I thought we're gonna get a rejection over here And which we end up getting rejection. So we got in we picked them some dip last Monday We got out around Wednesday, and we just kind of waited for the wrist off to happen So I would say one of the best way to risk management sometimes one of the best ways to not lose money is To it's a state cash, you know, you can't lose money if you're not in it, right? If you don't have exposure, so I always talk about wrist off and And what wrist off means is that if you're typically trading with ten thousand dollars or a hundred thousand dollars Wrist off week you want to usually be trading only 25% of that Which means if you usually trading with ten you want to be trading with 2,500 pick in the direction you want to go And then if you're trading 100 you want to reduce that risk to like 25 so that if this week doesn't go the way that I'm planning it to go if this week goes bad, right? Then I'm not gonna lose as much, but if it goes the right direction I want to go It's gonna move up a lot. I'm gonna make a lot of money, you know so that's kind of part of the risk management the other part is like In terms of like, you know go into each position with the right amount of portfolio size to the position size But I feel like I feel I can go on the none about that And that's something that we would be we could probably cover with you To do like our mentoring sessions at x-ray so you can always reach out to brick-and-stock or One of the other staffs and we probably set up a mentoring session for you here If you're really interesting going over further about that But the rest of the day we're just gonna go through most of the earnings. Let's check out this earnings To see if they're doing anything interesting for your revenue up 26% So the whole year they've been they've been moving up around the same percentage for your EPS up about 51% They have cash on hand 529 million in cash But um, you can also hedge with VIX as well VXX or SPXX S Like for me, I've been hedging with just shorting the airlines and and cruises and hotels Because I'm bearish in those sector. So that's my bearish hedge for when I go long Wow ICS really killing it Chuck little too So they've been making a lot of money things been doing good, but the fuser charge also increased a lot as well I think I thought they were announced like a stock buyback or something, but nothing to nothing there But I think these these are gonna be interesting companies because Supply chain issue isn't gonna go away I think these trucking companies are gonna continue to make a buttload of money If they can find workers to do the delivery and things like that. What else do you have reporting today? Progressive Paramount pay a buttload for those South Park specials. They make a play in the space just another one He's been the common one. I think isn't Paramount is Paramount owned by studios. I mean owned by Sony Oh via com via AC. Yeah, so they own by via AC And via AC has been beat up a lot. I think they're actually doing pretty good I think aren't they the same company as buying out HBO Max? Maybe not. All right, let's see. So we got another stock that we ported earning today a Progressive softwares earning for sure is 92 cents as opposed to 74 cents Sales is 143.72 million as opposed to 136 So there's a beat top and bottom So be estimate by 24 percent. This is a 1.1 percent increase compared to the same period last year and 11% increase in sales compared to the same period last year So a lot of times I usually try to focus on only the increase from the previous year Because I want to see how much the stock price appreciated compared to that. So last year the company was trading between 44 to 41 and With 1.1 percent increase and 11 percent increase in revenue So let's say if it was like 44 times 1.1 10 or 1.11 put it around 48 So it's trading a little bit below that that could be a that could be a possibly good opportunities here To to buy the dip. Let's see what the guidance is like. Oh Guidance is kind of weak So progressive sees q1 earnings per share 83 to 85 cents as opposed to 98 cents Sales is 139 to 142 million as opposed to 145 So the top and bottom guidance is also coming down a little bit to the lower side So even though they make good money this quarter They think next quarter they're not gonna make as much as much as they estimated to Analyst and estimated them to make Set q4 results were outstanding across every metric and were pleased with such a strong close into a fiscal 2021 As we begin to realize synergies from acquisition of Kemp We are very well positioned to deliver strong financial results in 2022 and beyond We exited 2021 having grown our ARR by 12% while the same time achieving non-gap Operating margins for over 40% For the second year in a row So that was the locate earnings. It was all right Nothing crazy there. Oh, wow So they say four says they're q4 and four year 21 results are expected to include special items items include 8.2 billion dollars gain on equity in Riven and We cast we classification of q1 non-clash gain So 3.6 billion dollars They said they're about to they pretty much said they're they're making bank in that investment and That's gonna drive their their earnings growth really well, I guess They might even do something with that They might even give that back in terms of special dividends or something to I wouldn't be surprised But sometimes company do that when they make like excessive money For like a random quarter and they don't want that to impact them on the on the future quarter So they they give that out See what the market uncloses today So market unclose and balance is 1.4 billion dollars to the buy side. So a lot of people bought the dip today US officials are concerned that put it is on put in put in is on the move into Valerius and this may be part of his effort to change the borders in Europe They also worry that Russia will move nuclear weapons into Valerius That's gonna be interesting What do you guys think about that? Are you guys scared of that if we go to war or another war happens? I think some of the some of the The stocks that we raided could run Some of them are actually already running a lot like Lockheed Martin is running up a lot Still like quite below the pre-COVID levels here So RSI is getting pretty hot coming up to the double top here Radon RTX RTX seeing a little bit reversal here What about BA? Boeing is also running into some resistance here. We might be too late on this play Because this is something that we knew that was gonna happen like a week ago or a month ago with the whole war between Russia and and possibly some of the other borders What else are you guys looking at today? This is why oil was up. This is crude oil sores above $85 after a drone attack. I didn't see this He's showing your favorite stock CCL. Oh god, I hate that company Wow look at oil go Go oil go oil go go here and they get rejected I was close to entering puts on BA glad they didn't LMT LMT is Lockheed Martin. They're like one of the biggest like defense contractors Oh, let me take a look at shop. I apologize for that. Let's see. Oh, yeah, we also got a big deal today with Activision Microsoft. Should we talk a little bit more about that shopify coming back into this? So this is Shopify looking at it right now is coming back into this huge Huge support area right here Also the manzone so between a thousand to like 1050. I think this is a possible buying opportunity area We got some support from here So we'll see if this area holds the support ranges here If that holds then we can have a potential to move up and maybe a recovery back to You know the 12th 1300s area. I did pick up some dip positions on it. We'll see how that goes They also announced this morning So they announced this morning that they have a partnership with JD To assist US merchants in selling their product to the e-commerce companies 550 million Chinese customers with a deal focus on course border commerce challenge across the product sourcing selling and logistics This is big. This is big man. Like I Don't think I don't think we ever really so Stuff to China before I think it's only been a one-week street. It's only been a one-way street. We're like We were able to buy stuff from China, but we had never really sold things back to To them, you know It's partially also because they're like partially because you know things cost so much Like here compared to there, right? So like if people would be like, oh, you know, why would they buy stuff from us? You know, like one dollar here is like to 6.6 RMB or whatever So why would they buy stuff from us? But at the same time, there's also a lot of rich people over there There's a huge market that we're just completely ignoring, you know, that are just like rich and And and that that's it. I think that's a huge potential man, you know Also us hasn't always been a place where like, you know, we make a lot of products But I can see us selling a lot of stuff there. Even if we didn't make the stuff, you know Here I can see us selling like I can see us selling like phones there and stuff You know, I can see us selling those things there to them. Like I get like they love buying iPhones man like If they couldn't buy iPhones online, they just pay somebody to buy an iPhone and bring it there Now they can buy it directly through Shopify. Maybe maybe who knows? So I think that's gonna be a huge opportunity for Shopify. That's like Man, that's unlocking the whole country, right? That's unlocking the whole country. So That's big unlocking the whole country man We're not even talking about unlocking the platform we're talking about unlocking the whole country yo Sheesh, I think that's a pretty um, that's a pretty bullish case for Shopify Every time I look at Shopify. I just think like How much more can they go right? Like how much more money can they make you think it's just like an online website, but no, they're like Like Amazon in a way. They're just so big so much opportunity so That's my thought on Shopify. I hope that helps Starbucks as support. Let's take a look at Starbucks Not again Starbucks Starbucks and support damn do we even have support anymore? Yo, oh My gosh, I don't even know man Shoot, I don't even know I Don't think we're really at support yet. I don't think we're at support yet I think next level for Starbucks is like 94 They have earnings coming up as well Isn't Christmas earnings usually really good for them? Oh Not last year. Let me check before COVID. Oh, not that time either This isn't usually the earning they get wrecked. So We'll see I think 94s would be a good area for Starbucks. Maybe we'll chop there. Let's check out clove. Oh My god, $2 and 93 cents Jesus Child not getting canceled. What did he do? He deserves to get canceled man for scamming people What are they man? Will they I hope so It's pumpkin spice latte steal a thing Yo, I actually try I tried pumpkin spice latte one time. It was it was a it tasted like water, man It just tasted like water mixed with Cinnamon It's kind of disappointing Maybe maybe I got a bad barista or I went to a bad Starbucks but I remember like keeping I keep hearing the hype about it and And I went to like Starbucks, you know, I was at I mean, I didn't go I didn't purposely go to Starbucks, but I was at a Starbucks, right? And And I didn't know what to order. So I was like, I just looked at it. I was like, you know what? let me see let me see like what the hype is all about so I ordered it and It was probably one of the most bland drinks I ever tasted. It was literally like water and cinnamon to me. I Was disappointed Damn, so far is also coming back down. It's coming back to the IPO price of it a little bit Had around $12 pretty cheap 1196 Coming down to 1196 to $12. I don't know I think if it lose this level it can go a lot further You guys know about specs man. A lot of these special acquisition stocks when they go down they they the It's almost bottomless sometimes because a lot of times their price at a five-year valuation so so sometimes five-year valuation is so high, you know, and and They haven't really produced that number yet But I did see that so far I started advertising on a lot more and they're trying to get customers again You look at Nicola, please. I got you Look at NKLA. Oh Man, so Nicola was also another special acquisition stock I think they just enter into some some agreement today long-term agreement supply battery systems Financial terms weren't this close Isn't PTR a also a special acquisition stock? I mean on the just on the TA wise. I'm not gonna I'm not gonna share with you how much I Don't like the stock But just based on technical wise if you see a bounce you could possibly see a potential see a 9 a bounce and $9 range here So potentially see a nice move there like that So I hope that helps NKLA But just know man, a lot of the special acquisition stock that already finished the merger They've been kind of iffy man. A lot of them has been going as low as two to three dollars even five dollars So just be be very careful. Have a tight stop loss on these Kipses like Kipses our economy is crashing Starbucks still increasing revenue each quarter Yeah, Starbucks been increasing the revenue they've been doing good holding strong That's crazy Balls man What's up one part? What's with the sell-off? Are we repeating 2021 this high another rock and come out in Q2? Yeah, I think I think a lot of the sell-off is just the treasure yield going up and There's just a lot of pump, you know and the news about how How treasure yield inflation and interest rate can cause a lot of the tech to be weakened and There's just a huge shift across the board. It's a consumer staples as well So I think I think just just those couple of things Or maybe we're just selling off before tech season starts So five stadium along as cash money. We're so five stadium these D gens man You know what they say about stadiums, man They say anytime a company buys a stadium. That's the end like It's like the curse of the stadiums So anytime a company does a stadium deal it has signified that they have peaked Yeah, we're getting the wrist-off market to the market seems to be speaking financial matters That's true People still buying five dollar coffee our economy's economy isn't crashing yet Yeah, I think to a certain extent. I don't think people are gonna stop buying five dollar coffee Until we go into a recession, you know, like We would really really have to be hurting for people to like To like not buy five dollar coffee is because we're at a point where everybody's making so much money They're just so much money across the board like the people that are buying coffee They're just connected with money. So, you know, they're they're not like Or maybe maybe they aren't that's connected. Who knows? Maybe it's just like the part of being inclusion in this whole social media process It's just so important that price doesn't matter, you know, especially a company that isn't making money So when when is DK and G getting a stadium? Yo, I think DK and G they probably had a chance to get a stadium last year. They probably thought about getting a stadium But they probably didn't because they ended up buying too much company now. They have no money left. I Wouldn't be surprised. I swear to God I wouldn't be surprised if we were sitting if we looked through like some of the meetings ideas that they discuss During the board of directors and the CEOs I'm I'm I'm pretty confident I could make the bet that those guys have considered buying a stadium before for DraftKings but I mean I Mean DraftKings practically like buying a stadium because they have so much Super Bowl ads and stuff. Remember People buy luxury goods in recessions in the great depression people bought small luxury items like watches instead of larger ones like cars It's like small feel-good creature comforts Peloton was sort of like that Are you saying we we already went through with the recession last year? DraftKings casino only. Oh, that's true. They could buy they could buy the casino and brand them. So Actually, they did that already Door dash stadium coming Wouldn't be surprised that's possible. Oh, yeah, good point. Let's take a look at DraftKings Wow Just no real support man Like DraftKings is almost also making like a big head and shoulder or like a big cup So I could potentially even come back to this range that I started at, you know This is tricky. It's tricky man. They haven't been look the last one two three four five six seven The last the last seven quarters. They haven't made money You know, look, they haven't made money and and they've been spending so much money To get customers, but they haven't been growing. Let me show you what I'm talking about So, let's look at March 2020, right? company May 162 million right May 2020 company may 113 they may last right August 2020 they may only 75 133 322 312 297 212 This quarter is supposed to be their big quarter 443 so you can see over here like from here to here They really haven't done much You know, they haven't made more Then they did like in one of the earlier quarters So they haven't really grown that much man You know, I said the company could potentially be worth like 20 to $30 But it's tricky. It's hard to say man But I think mean I mean I think they can make more money But there's just so many competitors in the space as well. You have Caesars. You have Penn You have all those crypto betting sites. There's so much competitors DraftKing man, like DraftKing is smart. They have a good marketing platform but they haven't like Done anything that is unique to themself, right? They don't have a competitive advantage Like what is DraftKing's competitive advantage? Like why would I? Spent my money gambling at DraftKing over another place. Why? DraftKing is dead. They say Ten dollar more drop they said It had to get really hard for Starbucks to dry up poor DraftKing's now What would I hear every third in that whole commission? Actually, you know what? I Do think that That Starbucks is making a bad decision So I was at targets the other day thing yesterday actually and and You know Starbucks has been putting They've been putting Starbucks locations and targets and And I looked at those Starbucks locations and targets and honestly is barely that busy I don't really think I don't really think they make money on those target locations Now, I don't know exactly what deal Starbucks has with targets But hopefully they they get like a super discount on the rent or something or maybe they don't pay rent hopefully because the difference between a Starbucks store like actual actual Starbucks store versus a Target Starbucks store, I would say probably like 75% of customers You know difference So like there's probably 75% more customer that will go to a regular Starbucks That customer that will go to a Starbucks at targets So I don't think they're gonna get that much business And I don't think that's a good idea for them to have done that Unless they were doing it in an area that didn't have a lot of Starbucks But for this particular target I went to there was a Starbucks within the 10 black radius And they just put another one now, maybe not even 10 blocks maybe like a three to five block radius and They still end up putting one in target. So I thought that was a pretty bad idea So that could be something that will mess the company stocks up because they're trying to expand too much But they're not expanding into a good location that would generate more profit Hmm Well, I mean they they tried their best right because and it's not wrong for them to serve money You have to spend money to acquire customers, but the thing is It's like they they did it a little bit too late and they haven't figured out a customer retention program That is the problem. You can spend all the money to acquire customers But you have to have a competitive advantage that is gonna retain the customers, right? Like but the casino business has always been difficult Like I don't know how many you guys I'm sure a lot of you guys been to casinos before right that like when you go to the strip Whether it's Vegas or AC there's like 10 casinos bro. It's like 10 casinos There's there's no real reason for me not to go to all of them because I Can go to every single one of them and get rewards and benefits like honestly at the end of the day I don't even know how these casinos really make money because I can go to all of them And and I can enjoy all these rewards and benefits free hotel rooms We like instead of bar hopping we would casino hop, you know, that was back in the days You go to casino hop you would get free drinks at every casino some drinks have better You know better waitresses and servers I mean some casino have better waitresses and servers so you know to go to that casino more But other than that, I don't know I just I think it's just tough to find competitive advantage in this gambling casino industry right now Especially when it comes online But then again, I don't gamble on DKNG. So I don't know I Don't gamble in general in that in that in that situation I don't want to gamble my money unless I have my own self-control over it Lynn says I lost so much money buying DKNG costs never gonna touch this stock again Oh, I feel you I I think we lost a lot of money playing DKNG at some point too And I wouldn't want to touch it either. This is a point that man This is a point that we didn't even get a Super Bowl run The revenue growth has been a lot of up and downs Maybe maybe open the bros Open a bros draft peasants Wait, do you guys have bros over there in PA? I haven't seen one I've been to one yet Shit Uber you mixed drinks while you're playing some bands DKNG Good one Tom. I mean, yo, you know, I'll be good. I'll tell you what I If if DKNG if one of you guys working at DKNG Please Please send it to the DKNG CEO to help you yourself out. Okay, so make sure you guys will continue to get paid Here's what you got to do tell DKNG Tower Draft King CEO that they need to move into the metaverse They can build a casino in the metaverse and and do VR gambling In fact, they should start our partnership with Facebook and quest to to make an app right now to take that to take that gambling to the next level and then in their metaverse They can build a server as well. They can build like a like a like, you know, like a like a waitress server or whatever and serve you fake drinks Haha, what's up Pablo? How you doing? Mttr is also at a big discount, but in this market environment, nobody really knows that is true. Nobody really knows I was actually looking at matter for Matterport over the weekend. I'll show you See Investor relations really interesting company, um, I like that This is definitely something that I'm gonna invest into at some point or another just don't know when yet, but I Mean I might pick some up if they go to $5 because I like the company. I like what they're doing there I think that metaverse is gonna be a big thing and Matterport is leading the special data company They're digitizing it, you know They can literally like like 3d of Rome and kind of like like 360 cameras They could kind of do that with constructions and buildings and rooms and things like that so I think there's an interesting concept and And I think I think if they do the right I think they have the right marketing and everything with that The company can continue to grow a lot But we'll see it's also and the reason I set $5 is also because This company is um This is a special acquisition stock and you know, the thing with special acquisition stocks is They're extremely extremely extremely over value So that's why we'll buy if they're cheap and I would like it even more If they actually only make people buy their devices man, but I think they're just trying to increase customer right now So they're like I think there's gonna be big like helping, you know People make more 3d rooms and tours and stuff like that. It's gonna be the future man Like have you guys seen those Matt cool? But they need to sell more of these though. I don't know how they're making money though I'm not too familiar how they're making money But I know there's a lot of potential I also seen people walk around with this camera too Draft King rocket that game looks fun, but also extremely addicting I know if I play that I'll probably lose all my money So I can't get behind that HODL No way really Somebody stole my idea How dare the man That's the big that's my big idea man It's gonna do that I Was gonna run my wedding venue on the metaverse man Let's see what else we got in the earnings today. Let me see Goldman Sachs also reported this morning Charles swaps over gates PNC let me look at some of this morning's earnings and then Damn, there's so much more innings. We're gonna play here too. Wow the smart good for them Let me look at silver gate. I want to see what's going on that crypto bank company. The company came down $40 today. Oh My gosh They said they're not seeing a lot of like not as much transfer as previously They didn't make a lot of money in fees a lot more money in fees They only grew a tiny bit of customers So it says EPS is only it's about 40% increase compared to the same period last year a Year ago the company was training around 70 to 55 70% increase is like 35 Actually, not even 35 less than 35 like 30 So it's pretty is actually trading pretty fairly in terms of EPS The stock also ran up a lot too So not much going on there Check out this other earnings from this morning Goldman Sachs So Goldman Sachs earnings per shares $10.81 as opposed to 1173 sales is 12.64 as opposed to 12.01 77 points no around 7.66% increase compared to last year so they're slowing down as well, they're not making as much money as last year and Their revenue is only 7.66% increase And they've been having some record revenue too, so it's gonna be hard to beat last year's numbers It's kind of expected to a certain extent. I guess Charles swap also reported today a 6 a 7 16% increase 12% increase Last year company was trading on $60 right now is a 90 60 to 90 that's a It's a huge increase it's like a 30 32 dollar increase $32 increase from 60 is like 50% And year-over-year is only 12% so Damn a lot of these banks aren't doing as much as all we want So they're not reporting as crazy of earnings as everybody is expecting. They're just doing kind of okay compared to the previous year On the two-year basis, this is also trading pretty high trading almost a hundred percent from a two-year ago So that's kind of the banks banks continue to disappoint Nothing nothing out of the ordinary over there, but I think that's pretty much it for today guys We'll be back here tomorrow at 4 p.m. Talk more about earnings stocks acquisitions We did look into activision today, I picked up some activision and Some higher price took some average down to 53 as well So I have a position at 85 added a position at 83 I think I think it's going to continue to see value because Microsoft said they're behind activision and also setting up some some merger some arbitrage plays as well So I think that's going to be a really interesting opportunity But right now the options chain hasn't priced for that move yet So I think that's why it's trading so low I think once the options chain price for the for that $95 buyout They could easily manipulate the price higher. So just be careful and watch out for that Other than that take care and have a good night guys. Thanks for stopping by hanging out with us