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NVIDIA ATH | Soft Jobs Cool Hike Bets | Weekly Trade Plan [LIVE]: transcript

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NVIDIA ATH | Soft Jobs Cool Hike Bets | Weekly Trade Plan [LIVE]

School of Gains

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AI-generated from the transcript below. Check anything that matters against the video.

This live weekly trade plan from School of Gains covers the market outlook after a soft September non-farm payrolls report (29,000 vs. 90,000 consensus) cooled rate-hike bets, sending NVIDIA to a fresh all-time high and lifting mega-cap tech. The host reviews the economic calendar, noting ISM services came in at 54.9 (near consensus), FOMC minutes on Wednesday, and CPI the following week. He explains the 'eating season' setup, requiring a daily MACD buy signal on the Dow, S&P 500, and NASDAQ, with confirmation pending the daily close. Key levels discussed include SPY 772.65 (last week's high) and 775 for confirmation, QQQ opening above prior highs, and various stock setups like Qualcomm, Corning, Zeta, SoFi, and SpaceX. He emphasizes risk management, waiting for confirmation, and building positions on dips. The stream also includes promotions for free resources, a webinar on October 15th, and merchandise.

Key points

  1. September non-farm payrolls came in at 29,000 vs. 90,000 consensus, cooling rate-hike bets and boosting stocks.
  2. NVIDIA hit a fresh all-time high, with AMD and other AI/semis also up.
  3. ISM services came in at 54.9, roughly in line with consensus, indicating growth.
  4. The 'eating season' rally requires a daily MACD buy signal on Dow, S&P 500, and NASDAQ; confirmation needs a daily close.
  5. SPY is trading above last week's high of 772.65; a weekly close above would be confirmation.
  6. QQQ opened above prior highs, showing strength in tech.
  7. Qualcomm is in a legal battle with ARM over royalties; chart shows resistance around 200.
  8. Corning is consolidating; support at 150, resistance overhead, with potential breakout if it holds.

Transcript

18,080 words in 217 paragraphs, from YouTube’s auto-generated captions. Each time opens the video at that moment.

  1. 0:36

    What is up? Good morning. Cheers to all you fine boys and girls out there. This mug is so cool. I don't want to dirty it. I'm just going to leave it right there. Just gonna leave it right there. Connie in the house with the ticket request.

  2. 1:02

    Doc, love it. Love it. Love it. Appreciate that. She will be tracking everything. Every little ticker that you guys drop. And I know you I know you love to do them like right out of the gate before I even say hello. Good morning. There you have it. Happy alltime high day, guys. Happy alltime high. My boy George in the house.

  3. 1:33

    Happy Monday. Happy Monday. I like you guys saw that WDC move and Seagate move. If you if you saw me streaming last Friday, I was like, this kind of seems kind of seems a little dumb. But guys, we got a we got a big one today. We've been talking about this eating season. October, baby. You like that? That's right. The witching hour. Listen, your boy has to be festive for the family. If you like the shirt, which I actually It's a long sleeve shirt. This is a nice shirt. It's a nice shirt. You can get one on the merch shop. This is part of the graveyard shift. It'll be available for I don't know two weeks till October 23rd I will take her down. October 23rd I will take her down.

  4. 2:31

    Look at this. I'm so high it's like cutting my hair out. How's that? Boom. He drops. He drops. All good though. Regardless. That's nice to see. Anyways, uh that's a little busy out there, but you know what? This will work. I'm going to keep this I'm going to keep this banner up here, guys. Alltime high days. I'm too low.

  5. 3:03

    October, baby. Uptober. Got a lot of cool stuff in the drop. [clears throat] Anyways, my goodness. Welcome, by the way, if you're new to the stream. appreciate you showing up. Give us a like, subscribe to the channel, make sure the noties are on if you wanna if you want to hop in while we are trading live sometime. Um, I just noticed my my beautiful fridge is barren.

  6. 3:31

    It's barren. We're going to have to deal with that right now real quick. You received it already. Nice. It's moving fast. They're moving fast. I have no idea what this is. You like the ghosts in the background? They're hanging out. Actually, I think that we can put music in here.

  7. 4:07

    I don't know that I want to put music. Nature sounds. I got indie rock, world music, cinematic. There's no Halloween theme. Do you guys have your decorations up yet? Hit the like button 100%. Appreciate you, David. David in the house. A lot of stuff moving.

  8. 4:35

    Ghost of Downtebers Pass. Downtebers P. That is a it is you know it can be a thing but uh you know what guys I I don't I don't think it's going to be I wish [clears throat] David Yeah not going to happen. I think we get banned and VA Nvidia alltime high day out of the gate. I haven't looked at her yet, but here we go. Let's do this. So, every Monday, just so you guys know, I put together a little presentation.

  9. 5:18

    And the idea here is that we actually, what is the idea here? We want to see if we can make some money. We want to see if we can make some money. So, we're going to take a look at what we have on deck for the week. We're going to take a look at a couple charts for sure. Cerebras up massively early early. Actually, a lot of the AI trade back, but uh let's get into it.

  10. 5:50

    Technically, this is if you did not know the weekly trade plan. So, while you may or may not be used to, and I'm putting these uh chats here, compact, custom, I think I can do custom. This will work.

  11. 6:20

    We want to prepare for the week. If you're not prepared, you're not prepared. Nvidia out of the gate all-time high. I mean, it was so stuck for so long. Qualcomm, I saw some of you guys request that. Got a deal. I got some trades on deck that were watching. Shout out to some of our crew in the house reminding me to put some things on the radar. Uh, and we talked a little bit about this thing called the eating season last week.

  12. 6:55

    And I mentioned a trigger, so we'll go over that. But let's prepare. You are You are right, Casey. Let's prepare. So, here we go. What happened, right? Last Friday, we got our NFP soft jobs report. Boom. Good. Bad news is good news. market was expecting 90,000 new jobs for the month of September as non-farm payroll. We actually got 20,000 uh I think it was maybe maybe a little bit less and or maybe a little bit more. Sorry, let me go back this month.

  13. 7:42

    Yeah, non-farm payrolls 29,000 on a consensus of 90,000. And you might be thinking, wait a second, that's less. That's less. Also, unemployment rate coming in at 4.2% on a consensus of 4.1 against a consensus of 4.1. Average hourly earnings. Look at this. Here you go. This is what it looks like. This is what we got actual. So, market moves not on the number, by the way, if you didn't know this. The market moves on the distance on the difference between what's consensus or forecasted, one of the two. Um, and what the actual numbers come in at, they didn't this previous really not not a thing. Not a thing.

  14. 8:25

    Unemployment rate 4.2 versus consensus of 4.1. Big deal for the month. Average hourly earnings consensus.3 coming in at 0.1 year-over-year versus consensus lower participation rate slightly higher but you're like why? What's going on?

  15. 8:52

    Listen, we're back to bad news is good news. This whole situation essentially means that look, we're not as likely to have that rate hike. And then on top of that, all the Fed speech starts coming in, speak speeches start coming in, and the Fed's like, "Ah, you know, we don't really know if we're going to do that hike. It's not really actually in there." and the bets on the rate hikes went away.

  16. 9:31

    Meanwhile, the yields, the long bond, this 10 year, the long bond and the 10ear continue to rise. And you're like, "Holy crap, it's insane. How is this happening?" I'll tell you guys, the market walks up the wall of worry. Chels, thank you for being here. We appreciate all of you. That is accurate. The charts are hot.

  17. 10:04

    We got some shenanigans to do. It's blinding blinding light. Spam the like button. I mean, appreciate you, man. We got You know what? We only got six likes. Is that right? How is that even right, guys? That ratio is horrific.

  18. 10:33

    Absolutely horrible. All right, we got one more. Anyways, listen. We got our non-farm payroll day. We have to take a look at that. Appreciate that. Likey like is in I think NASDAQ [clears throat] big day. And all of a sudden, fresh all-time highs on Nvidia. AMD up, Tessy up, Mega Cap Tech still in the lead.

  19. 11:13

    We have a couple things to note. We have ISM services this week. We have FOMC minutes on Wednesday. Is that really a big thing? TVD earnings very muted. Very muted. But uh yields high. We'll see. Let's go back to the calendar for just a minute. So this is Friday to today. This is happening. This is actually in ISM services are in.

  20. 11:44

    Apologies. 54.9 versus consensus 55 basically in line anything over 50 by the way on these um on these metrics are that means growth so we are in fact growing tomorrow Tuesday whole lot of nothing whole lot of nothing on the on the uh economic calendar nada Wednesday FOMC minutes this is uh you guys don't know what the minutes are that sometimes they can be important I think with the new fed chair. It might actually be a little bit uh a little bit important. Depends. Um because people don't really know how to read wars. They just don't know how to read them. So this is kind of like the stenographer, somebody taking notes in the back.

  21. 12:31

    What's what are the talks looking like in the back room? So I think in fact this time it could actually push us a little bit. Thursday, jobless claims, no big deal. Another Fed speak and then Friday consumer sentiment. Really nothing, right? Really nothing. We got one speech, two, three tomorrow. So one, two, three speeches tomorrow, nothing on Wednesday, one on Thursday, and one on Friday.

  22. 13:04

    That's a wrap. And we come into next week and you know what? Whole lot of nothing. Pull out of nothing. Out of control. Shoot. I did not do this, but I will in a little bit. Is the bottom in? That's really the question.

  23. 13:34

    Is the bottom in? I'm trying to log into something because uh well, they don't like glasses with the facial recognition. See, they do that. Well, can't get in. Tell you what, subscribe to the school of games. We're going to do a webinar on the 15th. So, in about 10 days on a new way to trade this market, maybe it's useful, maybe it's not. I don't see how it couldn't be useful, but um but it's a big deal. It's a big deal.

  24. 14:24

    Worst credibility shot. Data shows he was mistaken so far. Is CPI next week? Is it? I know. PPI is next week. CPI could be next week. I think YouTube is broken because it shows me with seven.

  25. 15:01

    I'm like, "Ouch, ouch, ouch." One thing I will say is that Oh, yeah. CPI is next week. CPI Wednesday, October 14th. That's going to be a big deal. Appreciate that, Connie. Yeah, if you scan if you scan uh scan the little QR code on the top, it'll take you there. [clears throat] Anyways, I do 67.

  26. 15:34

    Hilarious. Hilarious. Monday is good. Monday is good. I see these tickers coming in. So before we do that, last week we talked about this eating season, this uh market's historical sweet spot, November to January. It is a threemonth calendar window. And there's a study about this, but the eating season usually starts in October, typically Halloween.

  27. 16:19

    What we really didn't clarify last week and I and I talked about it was wait for we talked about waiting for confirmation. I did not have confirmation. Boys and girls, it's Is it confirmation day? You guys think it's confirmation day? I think it's very very close to confirmation day.

  28. 16:51

    So if you don't know what I'm talking about, what I'm looking for, there is a technical entry trigger. This is studied and reported. If you don't know what this is by the stock traders, Almanac, no confirmation. I'm not ready. I'm not ready. It's a daily MACD signal. If you don't know what that is, if you're new to trading, you probably have no idea what I'm talking about.

  29. 17:20

    So, I'll show you um with these specific criteria on the MACD. So, it's a it's a it's not the standard. Well, it is the technical standard, but it might not be your settings. [clears throat] And we have to wait for the daily close. for the daily close. And this this phenomena, if you will, has to be all three confirming the Dow, the S&P 500, and the NASDAQ must have a daily MACD signal on the daily time frame with these exact settings.

  30. 18:08

    Wild, right? We are so back now. I cannot get a daily closing until the end of the day. Closing prices. This is studied. So, if the eating season rally is on, we're going to have to see this.

  31. 18:38

    We did have a September crossover for the Q's. That does not qualify. Does not qualify. But here's what it looks like. My settings are right. I will make this a little bit bigger or brighter rather so you can see it.

  32. 19:07

    Settings here. I'm gonna need to change this slightly so you guys can actually see it. Make this a little bit brighter for you. For for you look at all the work that I do for you guys changing my my settings. put a zero line just because somewhat important. You don't want a one minute chart. You want a daily chart.

  33. 19:43

    S&P 500. As of this moment, I got it. As of this moment, new MACD buy signal on the crossover on the daily time frame. But it's not over. The day is not over. QQQ was a little tougher as we had just gotten a sell signal. In fact, on the daily time frame sometimes backto back this happens.

  34. 20:27

    QQQ, boys and girls. I got it. OMG. So, we have to close at least here or above the open. Now, we need diamonds. Holy what? Diamonds. We had just gotten a sell. This why you don't do this. But all three.

  35. 21:00

    In fact, I can't believe I'm saying this. If we close higher than where we are, my god. We will have one, two, and three confirming a fresh over the signal line, not the zero line.

  36. 21:35

    Got to hold it. But I'm just saying this is looking wild. looking wild. So, where are your discounts? That's a better question, too. Where are the discounts? If we get the discounts, I got to update this. Update.

  37. 22:03

    Let's just go ahead and save that. My gut is is Tess here. What's up, Tess? I know, Georgie. It It may, guys, it may in fact be an October to remember. I don't know yet, but it's getting exciting. Just saying.

  38. 22:34

    It's It's getting a It's I mean, dude, I even have it on the redheaded stepchild of the market. IWM. Can you believe that? See, look at this. So, this diamonds is the one. We got to wait for the close. We really need DIA to close green on the day. Right now, I think she's going red.

  39. 23:03

    This is why it's so important to actually have the daily close as of right now. I mean, she's trying. That's what I can tell you. She is absolutely trying. Was just flashing there for a second. Any green on diamonds. I think this becomes one of the most more important um charts. We got to hold this. We got to hold this.

  40. 23:33

    diamonds. I know DIA rather you say. Meanwhile, the dollar ripping to the upside. Meanwhile, the long bond higher biddy trying to break up but not quite and oil holding steady. Can you believe it? It's wild.

  41. 24:08

    Out of control. So, let's just kind of like take a take a beat, take a step back. We're heading in resist into resistance right now. this situation on spy I will just say generally speaking looks quite nice she looks quite nice any typical technician nah I don't say typical any good technician is going to say this should take you as an attempt to new eyes or at least to the eyes on spy And this is in fact exactly how to how we get to 800 by the end of the year honestly. Um 800 is maybe I mean

  42. 25:06

    might be a little soft on that one. Here's the deal. We talk about these NFP levels all the time. 775. We don't have confirmation yet, but it sure is trying. Oscillators, MACD studies, all this, that, and the other. Nice to know. Very nice to know. But what I need specifically is another candle opening and holding over that 775.

  43. 25:44

    Just we'll put it to you this way. on a weekly basis as it sits right now. We are in fact trading over last week's high in this exact moment. That would be 772. Let's just take these down. So, if you're going to learn charts, you need to learn that this way. Just candlesticks, candle by candle. That's what they say. $772.65 on spy. as long as we are over that for this week, which in this exact moment we are, which is why we're having um that little flash of a potential uh move to the upside. It's all good.

  44. 26:30

    It's all good for the week. You can't really confirm this week because we if the week closes over this level, call it something like this. That's good on a weekly basis. Just putting out there on the next week if we are holding over 772 spot 71.

  45. 27:01

    That is what a confirmation candle looks like from a weekly perspective. That will be your confirmation quite frankly. And then if you then you're going to want continuation which will look a little something something like this just theoretically speaking. But it's last week's high 772 spot 71. That's going to be your pivot for this week. And if that holds, it will look like this.

  46. 27:33

    And that will in fact be like definite confirmation. So it's a process. It's not an event. Just so you guys know, this is where we are. First half of the day, we are in fact over prior week's high. And it's looking good. It's looking I mean it's looking real good. But just zooming in one more time, what it will look like, it kind of needs to look a little like this. A little something like that. At some point this week, if we get that open over 77 775, she's going to start looking right nice.

  47. 28:14

    It's not here yet. At this moment, in this moment, we are actually at resistance. So, hang tight. I think it looks good, though. This is this is uh highly encouraging QQQ all-time high day again opening above fire. This is uh we're not going to call that what we're going to call this happy alltime high day.

  48. 28:46

    Crazy. There it is. There she is in all her glory on a daily chart. Full candle open above. We're holding a confirmation trigger on the cues is going to look very similar. Yes, this is a this is a high, but we need to be over last Friday's close or last Friday's high. That's your confirmation candle. Are we there yet?

  49. 29:21

    No. No. Can we be there very quickly tomorrow? Yes. We got to hold from a weekly perspective. Same thing. So, you're going to take your weekly candlesticks. This is last week's high. Also, next week is super important. We need this. We need this. That is 754. Spot 54 to be exact.

  50. 29:50

    Maybe that'll help you. 754 spot 54 right there. That's what we call a breakup structure, a new high. So, lock those in. Set a little alert, a little alert, whatever you need to do, you know, right click alert. Fine. That's what confirmation looks like. Looks like as as it stands right now, she wants it. She wants it.

  51. 30:23

    But we need this confirmation. Absolutely. And if you looked at it in this exact moment, zooming in, she's trying a little roly pololy holy though. I will say that. So is it today? Nah. I think but it's it's really gearing up. This whole situation is really trying.

  52. 30:52

    Diamonds similar deal. [clears throat] We are technically what you would call an inside day on DIA. If this is the New York session high 513, let's just go weekly. This is last week's candle on diamonds right there. As of right now, as it stands, typically you would expect like a 50% retracement of just the candle itself, which kind of puts you right around 512, 513 is kind of like your bare zone right here. 510 is exactly where we're at. We don't really want to lose that. If you look across to not this, so this is this is last week, the week before. If you

  53. 31:49

    look across to this week, whatever one, I don't know that I'm talking about, draw it over, that's going to all align to about 513. There's no question in my mind if we're over 513 on diamonds, we're getting we're getting that trigger, but we don't have it quite yet. We call this an inside day. inside day on a daily time frame. Look, 5:15, we should see 517. Let's make that green.

  54. 32:28

    515, we should see 517. That's upsky. Over 517. Oh, baby. We're over the five the the 20-day. It's a wrap. We're very close. The market is really trying. [clears throat] We don't have it yet. The day is the day is early. But those are your levels. I think they're very, very important. It's going to try. It's going to try.

  55. 33:03

    How do you get the MACD to look like mine? I don't know. Settings. We go over it in uh in group coaching if you want to in the server for our students. We have they get all the settings and stuff. If you want it to look like mine, I mean, it doesn't really matter. Mine is mine. You can make yours however you want. It don't matter. Biddy coming in hot. Really making a push for that breakout.

  56. 33:40

    This is the consolidation range right here. If you didn't know, Bitcoin absolutely loves its NFP. Also, that is $87,220 for your upside trigger. I think if honestly if you see that, that's probably probably a go. But that's over this what was support. See this it was support support but then was your breakdown level. So these these old buyers quickly sold then they sold them early then they sold them again. So if we are actually over that level on Bitcoin, it would make sense to say, yeah, we are heading into what did I have on my charts? I I had

  57. 34:40

    always about 102. I literally heard somebody give a target of 102 exactly. Uhhuh. Today on Bitcoin overweight 102 target. I'm like, dude, is somebody is somebody watching my stream or what? How do you get that exact No, nobody does that. But anyways, generally speaking, she's mostly bullish.

  58. 35:13

    She's holding, but I don't have it confirmed just yet. $87,220. That is it. Did we plug the mug? Tess wants to know. No, but you can get your own mug right here if you want to scan the nifty little QR code. Just telling you the mug is going to save lives, guys.

  59. 35:44

    The mug is going to save lives. And Connie drops it. Listen, I'm going to need multiple mugs because I just don't want to get this dirty. It's cool. Anyways, guys, I appreciate you.

  60. 36:11

    Do we still have seven likes? I don't know what we're doing here. That can't be right. No. See, YouTube did not refresh. I appreciate you guys. 94 likes. Cupception. Cupception. You know, it's all good. I will say my favorite though, the graveyard shift.

  61. 36:50

    You know, I had two weeks left before I take these down. I'm gonna I got some swag. I really I really like the Hawaiian shirt on there. Dead cat bounces and stuff like that. There's another t like I mean it's pretty cool. I got a hoodie. I love it. But anyways, if you actually want to support us, you don't need to buy anything. We appreciate it. No big deal. I I don't uh you know I I don't create swag for a living. I do in fact trade for a living, but because we're streaming and we're sharing the time, you know, if you wanted to support it.

  62. 37:34

    >> Yeah. Appreciate it. As the market holds the levels. OMG. You guys ready to get into this? Appreciate you. See, Dub, I'm a simple man, too. But guys, we've had our friend Connie supporting the show all morning and she's been recording all your ticker requests.

  63. 38:10

    You got a lot a lot of unique ones and this is how it's going to roll. Don't spam tickers. It's not going to work. You only get once per but we got you. Oh, by the way, here's the study if you were if you were uh concerned about I needed to look it up, but there you go. Where'd it go? There's the study. Did you know that was a thing?

  64. 38:44

    Wild. Right. Here we go. I know Broadcom on some people's radar. We're going to take a look. See, I like me some Broadcom. At least off the lows. Looking decent. I'm going to set up here. I don't really need you guys to ask me for the time frames, but time frames do in fact help.

  65. 39:17

    Conn is on not recording that, so no big deal. So CBRS, so Cerebrus 165 right there. I hear the board banging on the door. It is closed. We are closed for business. Boom. Support. We've been kind of like talking about this for a while. I mean to the penny to [clears throat] the penny. Check this out. I'm just going to put a kind of like horizontal line straight across right there. Those last two. One, two, 168. Yeah. 170 give or take.

  66. 40:03

    This is your support area. Also to note downside targets from a technical perspective um on a new IPO stock. I'm just going to take the first training session and I'm going to I'm going to generate some targets. It was a big wick. Huh? [clears throat] to 385, believe it or not. And uh the low of the day is about 300 for now. What this downside area is, and I'll just zoom out a little bit. It generates a support kind of range right in here, which is exactly what that's held. That's from 172 down to 159. So below 150 as close to 160 as you can that is has been and remains support.

  67. 41:02

    Resistance on the other hand since we have just bounced off support ideally we should head back into resistance. If you cannot get through resistance which we did not in the past we're probably going to go back to support. So for right now the range is this which is not a bad range honestly. What is that? 170 250 up to about 20% on equity alone.

  68. 41:33

    But just to taper expectations, no, she's not actually out of the weeds yet. Not entirely. She's held support. That's nice to know. Resistance remains a thing. She's probably going to head back into it. So, I think this is actually a pretty decent spot to maybe take a trade up into that resistance. If you like it long term, this is your support. I couldn't speak to it long term. I don't know about delution or any of that kind of stuff. I generally know what they do, but and I generally know that they are tied very heavily to um to OpenAI's success, if you will. probably OpenAI's perceived success.

  69. 42:21

    Is the mic cutting off a little? I don't know. Couldn't tell you. Could not tell you. We got more crew hanging coming into the stream. Appreciate that, guys. Very cool to see y'all. Very cool. Next up, Broadcom AVGO. So, support previously here. Here you kind of draw a little line across.

  70. 42:55

    By golly, by gosh, she's over. We don't know. So, here's where we are. I'll just put it to you this way. Twofold, two things to note. So on a measured move from this low to this high here, this whole move right here, most technicians will tell you that typical moves get pulled back somewhere between 50 and 60%.

  71. 43:27

    Something like that, maybe 65%. That would put a typical bounce like a good bounce actually right here in this dip by if you will in this general range. Broadcom in fact failed that. What I don't know, and I'm about to find out right now, uh, is that if they hit the lower tier at 786, if in fact she did, she basically did.

  72. 44:01

    So, if you lose that, statistics would say that you're probably going to drop down to this this just slightly above 80% uh, pullback. I mean, wowzers. That's pretty solid. So [clears throat] that's step one.

  73. 44:28

    We've held. Also, we're going to call this like a break of structure right here. You remember this consolidation area? We're kind of working off that. That's about 375 right there. this blue 374 spot 23 if in fact which is why you know multiple reasons why this was on paper pretty good spot to potentially long but she didn't hold that support is 363 that had broken has broken in fact what we just don't want to see we don't want to see that support turn into more resistance We're like right on it.

  74. 45:18

    Right on it. But again, one more chart that's looking incredibly resilient. Downside target has in fact hit. I think general sentiment uh fundamentally, sure. I I think she's good. I think she's ready for a rally. At least a little bounce. So here's the deal on the Broadcom 370. This is that upside. And remember that 375. So we got 374 spot 23. Call it 375. We got 370 and we got about 365. 364. These areas will in fact be general resistance. Um, this is setting up so that if if it actually does blow through this entire box, I kind of feel like it's just going to

  75. 46:16

    do it overnight and that would set up a pretty hefty squeeze possibly into this 380 area. But long term, if as long as this holds. So, I'm thinking a little something like this, a rip, potentially a little roll and then a rally, rip, roll, rally. You feel something like that? He's looking good. It's looking good. I think she's going to do it. Um, I would be front running this move. I would be anticipating um a breakout here right now. So that's the caution. But uh I think you have a tradable low against 335. So if you can stomach a draw down possibly down back to 335, that's fine because this trade will still be good at 335, that still happens. It's not a stop,

  76. 47:13

    that's a target. Um and if in fact that does work out, get this. So, I do like this technically for a lot of a lot of reasons. Well, you're looking we're looking for the bare zone. Where's the bear zone? Which is here somewhere around 440 to 420. 420 to 440.

  77. 47:46

    So, you're even even if you got a dip like that, whatever doesn't matter. You already we already got our dip basically, I think. But if you got it again, it wouldn't matter. Um, this still sets up for this little roll, a nice little rally, potentially another little roll, and then another little rally. That's trajectory in like 440.

  78. 48:16

    That ain't bad. Ahead of earnings. Wild, right? 420 to 440. So, target area is here. likely before earnings or right around earnings. Um, and that would be your pre-earnings kind of like that's the easy money. That's December. It's a long time. It's a long ways away from earnings. Jeez. A long time to get there. So, yeah. This looks good though. I like it.

  79. 48:48

    I put a tradable tradable low against that 334 or whatever. >> [clears throat] >> You guys are asking CG, did nobody ask for Vistra? I think Vistra got a deal today. Amazon Amaze is next on your list. Let's check these news flows. Uh, Amazon has AI coming too, right? September brings Oh, hold on.

  80. 49:17

    I got some notice the other day. Prime deals. Open your Amazon app. Prime big deals start tomorrow. Whoa. Is it early Prime Day?

  81. 49:44

    Early Prime Day. insider trading, shifting chips to investors, ship chip costs to investors, financing. You know, Amazon has been uh very diff very guilty of this uh what we would call like circular financing if you want like trading a lot of warrants and stuff for revenue. Wild 8 billion.

  82. 50:23

    They did though. I believe they they increased their AWS forecast by like some unse obscene amount. We got 220 billion now. I think that's like 100 billion extra. Here's 20 billion on the last on the last round. Insane. Everybody's still on the 375 target.

  83. 50:51

    Yeah, I think that's fine. But anyways, this is solid. I don't know why this thing just zoomed in so much. Uh weekly on on Amazon. Look, generally speaking, channel up. This is actually in fact the low end of the channel. So that is where you want to buy it. um monthly view. She's doing what she needs to do. I mean, long-term, look at this. It's nothing but up and to the right. It just if you're zoomed in too too too tight, you don't really see it, right?

  84. 51:31

    Can't see the forest through the trees, they say. This in fact could be another one of those scenarios. But um so far October is not below September and that's all that matters. So we are not in fact going lower on Amazon this month. In order for us to say that Amazon's actually going lower, we would have to be below 244 spot 30 on the month. That's September low. We're not there. We are not there. At minimum, we're in an inside what we call month, which brings us to 260. me zoom into the week. Also, by the way, check that out. 242 could be even if that was like a little wick, I would not be too discouraged.

  85. 52:20

    Now, weekly, we're very close to flipping green. Now, you see the difference now. You start zooming out, things become a lot clearer. 253 spot 56. That is last week's high. If Amazon is trading above 253, spot 56 this week and holding, you should be in the clear.

  86. 52:49

    And clear for what? You say they want to know 270s. That's your bare zone. Wild. That's a good trade if and only if we can actually hold through. That's just on a week- toeek basis. But for the month, I'll say this. As long as we are in fact holding last month's low, any dip is probably viable against that 245 240ish level. Um, and generally speaking into the EDC, we do have earnings coming. This looks like the end of the month. We have Prime Day. So, you got some catalyst. I like this. I like this for a near-term push. If we're over that, oh baby, that's that is in fact how we get there.

  87. 53:39

    If you look at this little scenario here, I see your super chats preachers. You guys, if you had a mug, you would be like, is that little handle forming above the breakout area? That's probably like the bull most bullish iteration of lick up and handle that exists today regardless.

  88. 54:06

    Could I still see it happening? Oh, baby. Look, this is a weekly chart. Sometimes you just don't see this kind of stuff. Just telling you guys when in doubt, zoom out. When in doubt, zoom out. It'll help you. That mug, man, I'm telling you, it's saving lives over here. Leaps on Broadcom. I mean, I'll tell you this much.

  89. 54:43

    First of all, I appreciate your super chat. If you want to skip the line, this is probably the only way. But um you know, first things first as an options trader, the first thing I'll tell you is that you need to know if something is expensive or cheap. Cuz leaps um are not in fact about price action. They have nothing to do with price action. If you look at Greeks on a leap, if you're not familiar with them, I'm gonna have to change this. Um, let's see if I can do that setup. So, maybe you can see it a little bit bigger. I'm going to actually try and pull out an options chain for you.

  90. 55:34

    How's that? We'll take a look. See if I can get this detached. Oh, success. Here lies broadcast in a big boy platform. I know it might not be what you're used to. You're going to have to zoom in. Current IV percentile.

  91. 56:10

    Look at that. That says third percentile. That is in fact pretty cheap. Can I confirm on a 30-day rank? Oh, baby. Second percentile. What this means is that in LA in the last 30 days, uh, Broadcom in the IV30 means uh, in the last 30 days, Broadcom's options were actually more expensive 98% of the time.

  92. 56:44

    98% of the time. That's a lot of that's a lot of time. Um longer term they are more expensive than this about 80% of the time. So yeah, these are a good deal. At least I'll say they're not a bad deal. If you want to go leaps, what we do is we actually want to see I just we want to see volume. You know, people look at it regardless. Um, I'm not seeing a lot of leaps right now.

  93. 57:14

    It's Monday. I hate buying stuff on Monday for a long term. Um, a leap also is defined by 365 days or more, which would be anywhere after January or December 2027. A real a real leap in those 2029s. But you'd have to go to the 380 strike call and you would pay almost a third of the stock price now to have that optionality. I'm not a big fan of doing stuff like that. I feel like that would be I feel like it would What What are you saving? I You're not really saving that much. If you're only getting effectively 64 shares, the equivalent of 64 shares for every one of those options.

  94. 58:09

    You're paying a third of the price to get 64% of the move. That's that's the stats on that bad boy. Um, but here you go. January 2028, we're looking for volume. I don't care about open interest. Open interest tells you how late you are. Volume tells you if you're on time or not. I don't really want to be late. This is a 400 strike call at 65 give or take dollars which is 60 $6,500 at a 55 delta. Yeah, that's a better deal.

  95. 58:46

    That's a better deal by far if you want to leap. Um that's Jan 21st, 2028. 400 strike calls. That's all I would do. when I I don't think you have to go crazy. But if you like it, that's where you go. That's the only one today. I'm skipping June. See how I did that? I'm just going on the chain. That one strike out of all those, even including December's, has more volume.

  96. 59:21

    You might even be able to sell this against it, which by the way, this is a poor man's cover call. This is in fact um a much better strategy. I don't hate that at all. Yep. Those January 400s are winning the game by far. By far and away.

  97. 59:53

    Yeah, we even see some these are meeps. We call them a meep is in fact a mini leap. My guy with my guy with Zcash. Anyways, that is Le Broadcom on a chart. Let's broadcast leap a chart just so you guys know what that looks like. Your positioning is that here's the chart and you're essentially buying a call option over here.

  98. 1:00:49

    number one qualifier was the volatility that would have no matter what the chart looks like that would have immediately disqualified if that was too expensive. Just just so you know. And then the short call on this one I actually do like I think that was December 600s. I don't think you need a 500. I don't think you need this.

  99. 1:01:19

    You also have it on the 600s for December 2027. I might defer to the 600s though. And what that does is if you sold the 500s against it, you own this range right there. So you would be owning this range, but not only that, you would actually be selling it in December.

  100. 1:01:54

    So what that does is that while you're long this option for your LEAP, you're selling this against you're selling this against that. By the way, you don't have to own 100 shares to do this. Just by owning this option, you're able to do this. And you're saying, "Look, I think it's going to go up. I think it's going to go up." Something like that, maybe. I don't know. It's possible that we get a little dipsky before we get a rip.

  101. 1:02:26

    And uh but I don't think it's going to go to 500 before December. And also, my chart doesn't say that. So, I don't need to own optionality over 500 within December because I I think maybe that this looks a little bit more like this. How's that? So, I don't think it's going to go over 500 by December, but I think it's going to go up between now and January. And because I can make this place that bet at the same time, that's going to decrease the cost of my long leap option because you it's not safer. Leaps are not safer. Let's be crystal clear.

  102. 1:03:17

    But this is how you trade it. Uh and I actually really like that. I really like that trade because you get paid anywhere in that scenario. The only way that you lose is if this just rips face on earnings, and it's not like you really lose anyways because you still have that. I don't think I don't think it's a lose. But I don't I don't see a reason to own optionality on Broadcom over 500 within December, within the month of No.

  103. 1:03:49

    And if it did, I'd probably sell it. But anyways, or V1 Zcash. Um, [clears throat] so this is crypto. I will do crypto Zcash I think was down over the weekend. Um, if I'm looking it up, I'm going against Tether. We want to find the most most liquid pair, the most traded pair.

  104. 1:04:17

    The uh exchange is typically Binance. So, by default, I'm going USDT, not USDC, not USD. Uh, I'm not using PERBs, and I'm going um on Binance's exchange. So, for those reasons, that's why uh Zcash is pulling back. She's had a massive expansion. So, what we're going to do is we're just going to measure this expansion. So, here's the range right here that she's breaking out of. It's very >> [clears throat] >> I need a little bit more transparency here.

  105. 1:04:59

    Um, and what I'm going to do is I'm just going to duplicate it. And at 325, uh, sorry, $1,325, give or take, that is in fact double the consolidation that she has broken out of. uh at 1700 that is 1.5 give or take times this consolidation. So you're one.5 for all intents and purposes this trade is over.

  106. 1:05:30

    Uh you want to get fundamental on it, you know, do what you want. It's crypto fundies don't really matter that much. Crypto is the most raw representation of supply and demand that you can find. You can have a great story, but if ain't nobody buying, she going down. That's the deal. Um, [clears throat] here's the deal. If this continues to stay below $1,325.32, expect this to continue to pull back into 1100 range right over here. That's your next support area. But if you're back up over 1325, you're back up into you're trading back up into this resistance level just slightly under 1,700. I would probably cut this one a little short at 16. Um, but there's your there's your there's your trade. Um, you're on the

  107. 1:06:29

    edge. She is in fact teetering. You don't want to lose this 1300. Not in strength. I don't think I would. I I actually would not buy it here. I That would look like a knifer. Um yeah, Zcash, if you want to know, it's uh it's a it is um somewhat private Bitcoin. It's a private blockchain. It's not Bitcoin. It's a private it's a forkoff blockchain. It's a it's a private blockchain. Um, but the difference between Zcash and say something like Monero or whatever that is also private, you have optionality where you can choose whether or not the transaction at hand is actually going to be private or not. Uh, and because of that, Zcash is able to get through a lot of the regulatory hurdles because it doesn't have to be private.

  108. 1:07:25

    It's like fazy private, but apparently if uh if you choose it to be private, a private transaction, then in fact it stays private. Who knows? Um just double checking. If I were to get this Yeah, this is this is this is it's not a short right over here. I think that over that level, I would if I would be a little bit more cautious. 1370. How's that after measuring this basic pullback here?

  109. 1:07:58

    So, I would say below 1270, yeah, you're coming in hot over here. Uh, and above 1270 or above 11 or above 1370, you're looking this direction. But here now, uh, she's a watch. She's a watch. My guys, you broke the rules. traded small Amazon breakout. You know, it's all good.

  110. 1:08:32

    [clears throat] It's a day trade. Here's the thing. It looked good this morning. So far, so good. But you don't have confirmation this in this moment. You don't have confirmation. I'm using a a day trading chart. This is like a 10-minute chart. Yes, you're over the the 20-day simple, which is this white line right here. That's good to note, right? Um, but again, from a dayto-day perspective, I mean, you're not going to get it today, right? Tomorrow, you need to open over that 253 level. Right now, you're you're into it. You you might even close above it, which would be nice. At least, let's say this, if you get a close above 253, something like that, that's all good.

  111. 1:09:18

    you can that that number that level is still going to be important because you can have a retest tomorrow morning. Don't get freaked out because tomorrow morning if it opens over that pulls backs a little bit, holds that 253 uh and closes stronger, that's your confirmation. But no, you don't actually have it here. But uh you know, a simple day trade quite frankly like this, you can actually make a decent amount of money on that.

  112. 1:09:50

    But [clears throat] congrats. Congrats. She's trying. You guys want to see what he's talking about? So, in Discord, which is free. You don't have to You don't have to be in Discord. It doesn't matter to me. Oh, well, I mean, you know, I'd love you to be in Discord. We have a lot of stuff going on. Um, but for free, there is Look at Jesse's. Looks like some of the crew is live right now. Um, where'd it go?

  113. 1:10:25

    Amazon. You'll see all this kind of stuff. And it is in fact breaking over the prevailing downtrend. So that's good. That's good. We want to see same thing though. You want to see over that level. you want to see over that level because you you just don't want to see I mean it's possible this is still good you don't want to see that also free you daily watch list things like that here's targets right if you're over 252 spot 30 we should expect at least this on the day if you're below 250 spot five then you should expect something like this on the day that day trading Also, we give you a free little newsletter.

  114. 1:11:16

    It's cool. If you guys didn't know this, just scan that little QR code, but it's a it's a bunch of writeups, market sentiment commentary, uh calendars, things like that, what's happening, gold, a bunch of chart reviews, and actually a watch list. This is what the watch list looks like. So like couple trades, one, two, three, four, five on a week.

  115. 1:11:42

    Average gain, just equity for the week. It's all in there. It's all in there for free. I mean, what else can we do? The idea is you guys come in for free. Whether you're in Discord or not, it doesn't matter because there's a ton of value elsewhere.

  116. 1:12:11

    And um yeah, you make some money for free and if you want to continue your journey, ideally it makes sense to continue with us. That is the deal. Yes, Connie. Appreciate it. Probably just uh scan that little QR code. It gives you all the options. We give you a bunch of free lessons too from the School of Gains as well. foundational uh lessons that get you kind of like kicked off. I mean, super valuable stuff.

  117. 1:12:45

    What are we doing? What is Carl saying? Uh, so all NFP levels always matter. clock that all NFP levels always matter. What does that mean? And we need an open above and close above to validate. So right now, just so we're clear, this is where we sit in this exact moment.

  118. 1:13:24

    Here's October NFP range. Here's September NF. Let me just use a different uh let's just go yellow. Here's September NFP range. They all always matter. So, do I have an open above the high of October NFP? Um, no I don't. No, I don't. So, that is a no. Not today. Do I have an open above September NFP low?

  119. 1:13:54

    And the rule is if you cannot get below within third if you're in range you should see the high of the range within 24 to 36 hours. So the range is this yellow box for September. Remember I would say high of the range hit within 24 to 36 hours. Target target complete. Congratulations. Target acquired. Trade completes. Oh what? Trade complete. Trade complete.

  120. 1:14:23

    God damn it. Trade complete. Even August range. They hate it when you when you say that, right? Even August range. If you open above, you should see the high within 24 to 36 hours of the range. Target acquired. Trade complete. So, what are we talking about from here? We're at the highs. Confirmation. We we we talked about it already. We went through it at nauseium.

  121. 1:14:54

    We're doing it again, boys and girls. You need an open above 3775. And we need to hold that all day long and close above it. Well, you don't have to hold it all day long. I can actually Oh, sorry. Let me do this. I need an open above, right? Let's say we open up here tomorrow and let's say intraday we wick and we close here. In that case, yes.

  122. 1:15:26

    Yes. Intraday for sure. This is whatever. But I need an open and close above. I just can't physic. It's impossible to get that today. Tomorrow is a different story, but we need to hold that. And I showed you already for the weekly. So for right now, congrats. Amazing move intraday. Like hello. But I don't have confirmation of any flavor that this is going to continue higher tomorrow. Even look at this. Look at this. Even if this continues today in the back of the day, I'm not going to have it because where do we open? We open below all of this. I'm not going to have it if we if we if we continue on to the back half of the day upside is I will say it's it's forazy. Um but that's

  123. 1:16:24

    okay. Just just an example. Let's go to trusty 30-inut chart. Let's say you do continue to rally. It's tomorrow, right? That would set up a retest for tomorrow, right? It would. It's that level right there intraday and I would just love to see that means dips viable tomorrow if we open over 775.

  124. 1:16:53

    That's what that means. Again, it's Monday, guys. Market market loves to mess with you on Mondays. Big time. Big time. All right, let's get to the Let's get to the list. I don't even remember what chart I was using. Having to do this again. Apologies. So, you do not have Google, but Quailcom, Quailcom, Meta Muse, Muse Mania hitting the street arm. Oh, there you go. There you go.

  125. 1:17:42

    Qualcomm and arm kickoff trial potential for huge damages in focus. Qualcomm. Oh, I mean that would be good if they win. Are they going to win? I don't know. Wants to stop paying ARM royalties for five years. There you have it. That is the headline. Uh, hell yeah. If Qualcomm says that, I think the Qualcomm chip is being used in Muse words. So, I mean the Qualcomm chip for sure. Anyways, anybody using Muse? Cuz I am. And um not going to lie, I don't like it.

  126. 1:18:24

    [laughter] It is not the business. It is possibly dudoo dudoo. Kaka. I use a lot of AIS. just saying can't use Muse in Germany. You know, I'm not it's not about that. You know what the good what I was excited about for Muse was uh potential of having all the connectors. I think that still still remains. But I mean, I'm just saying is it is it better today than even Grockbot? No, not in my opinion. Grockbot, I can I can log into something and just put, you know, hey, it'll pop up a prompt, say, okay, I can't access this, but if you want to log in, here's just log in through my browser and then we'll save it. I mean,

  127. 1:19:23

    that's money. Uh, and I, you know, to Zuck's uh, credit, they're not doing that because that probably a security risk probably. But, um, here's what's holding the Quil Stop back in the moment. That seems fine to me. Huawei patent deal. I mean, look, they're everywhere. I I do in fact believe that the um Oh, also Snapdragon 8 Apple license renewal. I thought they were getting rid of him, huh? I guess not. Guess again.

  128. 1:20:14

    Anyways, I think he's fine. But in the headlines, no big deal. Uh that doesn't change the chart though for me. Chart has been the same. I think heading up into that uh overhead resistance right around 200 is fine. Uh smacking your head on that. I have not opened a new options trade yet on this bad boy. Um [clears throat] I'm still I got I got the one little dipper in that 170. What is that? Five area. I do have alerts still on. Losing 20-day today, not a big deal. Um, holding steady. Again, how I'm how I'm getting this. If I took a measurement quickly from this low to that high, that actually puts me right in this range, boom, between 177 down to 165 as my buy zones.

  129. 1:21:09

    I I'm sorry, 174. Call it 175. 175 down to 165. That would be This is a 50% retracement at 175. This is a 60 plus retracement at 165. So, um, here in lies the dip by right there. She's Let her come in. Let her come in. Let her come in. No big deal. No big deal.

  130. 1:21:39

    Also, 2011 happens to be the top of that bear zone. Look, she's doing exactly what she needs to do. If you're in a rush, you might get frustrated. Um, your boy's not in a rush. I think cell phones have in fact bottomed. Um, I think that that needs to be deleted off my charts. Uh, I think cell phones have bottomed. Uh, I think there's a lot of good things happening. Uh, I think you build into a position and if there's if there's I think I don't think you do what you want. I build and continue to build into a little bit of an investment position.

  131. 1:22:18

    Um, yeah. Buy when there's blood in the streets. It would be cool if there was a shirt like that, huh? Oh, wait. In fact, we have one. Out of control. Out of control. All right, Cornine trying. She's trying real hard. This is getting mighty squeezy here. Just doing a quick time check. We're all right. Uh, this is getting mighty squeezy.

  132. 1:22:56

    Yeah. 172 17 between 175 and 165. Um, so here's that prior resistance breakout support resistance area here, here, here, and here. Here's what I'll say. Whatever happens to Corning from here on the chart is going to be pretty important. Um, this can get very choppy, I'd say. Uh, extremely choppy. So, I'd be cautious as long as price is over 150. I would be more optimistic than cautious, but still cautiously optimistic. How's that? Um, below 130. Below 130, this is no, this is this is not going to be fun. Um, but this is in a point in the chart where really like as long as uh Broadcom

  133. 1:23:53

    continues to the price, not Broadcom, Corning continues to if the price of Corning stock continues to trade over that 150 level. This is building something big. Um, very hefty squeeze, if you will. Um, the the it's banging its head up against this area where that was support, right? This is kind of like a a breakout area here prior prior top. You can see support again, but then it turned into resistance. It turned into resistance. It turned into resistance.

  134. 1:24:26

    And as of right this moment, it's still resistance. So, it's over the lower end of support, but it's banging its head up against resistance. Uh, I think this is consolidating. Uh, and if it continues to make higher lows, that's the that's basically what I'm saying, higher lows here. This is your kind of like consolidation. So, can this pull in? Yeah, this can do a little something like this. But to my point about the 150 area, as long as it's over just generally speaking here, you're you're you're building that breakout area. And this 135, I know it sounds like it's pretty far away, but uh the reason it is what it is is because that's the lower end of that consolidation. So, if in fact it is below that area, um she's not going to look good. She's not going to look good at all. But for right now, she's okay

  135. 1:25:25

    and she's still not out of consolidation. So, that is what's true on Leorning. Uh again, earnings to come. Is there any news? buy Q3 from Zachs for rebounding to Q4. Look, I mean, this was a $3 billion fiber deal. I at this point, I don't know that $3 billion is going to make a big mark in the stock itself. I mean, Corning, if you like the transceivers, you like the connectors, something like that, this is long haul fiber. This is the whole nine. Um yeah, you AI doesn't really work without the connectivity and this is literal pipes of the connectivity.

  136. 1:26:14

    Zeta Zeta Zeta Zeta. Oh, I need to get that. She's strong. Well, we didn't get the 25 pullback. 28 seems to be all you get. There was two ways to do this. This is with extended hours on. And I'm grabbing that little wick up there, which was not during the New York session. In the New York session, it looks like this. So, depending on how you want to do it, I typically use uh I had this, right? And so this if it was below 27, then you would have seen that 25.

  137. 1:26:58

    She tagged it. She never got below. Honestly, this was not any kind of a discount to me. So, look, if you weren't on it, I in it. I know. Wasn't a technical reason for a pullback here. You're hot. She's spiky. I think you just stay long if you're long. I still don't like an ad. Uh, and this press takes you Yeah. to that high. If it can hold over 3280, if it can hold over 3280, you have a trade into that 38, just under 38. Call it 3570.

  138. 1:27:34

    I'm sorry, 3550. Um, but yeah, that's your breakout point right there. So, cool. You're in force. You're in motion. Uh, you don't want to lose that level. If you do, uh, you're probably going to come back into 30 bucks, which is the same price that it was just the other day. Uh this is not a discount to write home about to me but look if this is going higher it's just going higher and it's all good. So this is one stay long be long if you like it if you like it. I like software.

  139. 1:28:06

    I like specifically you know in the marketing space. I like it in I like things in this space. Um I like uh I like a lot of stuff. There's a I didn't finish my research on this, but this is potentially like a small cap marketing um dashboard. Look, I like it because if if in fact AI does drive efficiencies in the enterprise or SMB type business, look at Shopify going for that new high. Um, to me, the very first thing that any legitimate business is going to do is immediately turn it around and reinvest that savings. And where do most businesses reinvest that that that efficiency savings? Hello, marketing.

  140. 1:28:57

    How that looks in today's day and age might be a little bit different than it looked like before. But, uh, hey, look at me, Shopify. I would, you know, okay, cool. We can listen products. Cool. Pay for a Shopify connection. No big deal, right? Uh so I like this. And if you're bullish AI, I think you need to be bullish marketing in general. App is is doodoo, guys. Why are we talking about app? App has nothing to do with what I'm talking about. Just so you guys are crystal clear, our boy knows what's up.

  141. 1:29:35

    Um, but app lo 11 has absolutely nothing to do with with what I just said. If you don't understand the business of Applov1, um, you shouldn't own it, but listen, these guys advertise inside, this is a tangent. These guys advertise inside free apps. You know, like the apps that your grandma plays or like Candy Crush, retiree type apps. No offense to any retirees out there. Love you all. But, you know, yeah, it's uh it this is different. That has nothing to do with what I just explained. Nothing to do with that. it this is all about okay one is uh is your customer base growing or they're they're advertising to actual individuals and then the individuals they're advertising to I I I would venture to say it's dying market um in addition to that they're in a

  142. 1:30:35

    legal battle against Unity because Unity in fact has a better platform right now the problem with AppLoving is that after all this runup this was all good it was all very good but what what turns out to be true about this business is that it's not scalable. It's not and that is a big problemmo. It's not scalable because you know what if they just one time don't get the magical algorithm right everything they worked for is done and gone and every quarter it basically resets on itself. So if they don't get it right every single time whatever they did in the past really doesn't matter. So from time to time they're going to get it right. They might go on some hot streaks. They might go on some cold streaks. Right now, this is a cold streak. But the thing is, now that the market understands that even a hot streak ain't going to get this to all-time highs again. Uh you would need multiple cold streaks and you would hot streaks and you would need they would

  143. 1:31:32

    need to to convince everybody why uh they've solved the problem because right now the problem is um existential like it's it's it's not a small problem. They also lost their lawsuit against Unity and the difference is Unity um Unity in fact is bu is knows more about the customers themselves. So still free games, right? But again has nothing to do with businesses. Um and you know maybe more more money out there, more more businesses or more games, who knows? I don't know. But um look, yeah, Apploven has has two ways to grow. Uh, one is more games are made and they're able to capture that through their algorithm or and they cannot mess it up, which they've proven that they can mess it up or um they make more on the advertising that they do have, which means like you're buying, I don't know,

  144. 1:32:31

    like like pots and pans and stuff. This is a thing in their business that they're literally like uh you know, home network shopping type stuff. They'll make a lot more on that stuff if you buy it, but it ain't like download this other free game anymore. In the meantime, Unity's platform, Unity is designing games on their platform, and the ads and the tracking, all that stuff is actually being built into the spec of the games. So, their products get speced in. Anyways, is Shopify expensive? I don't know.

  145. 1:33:11

    We can check. I'm gonna I can check our website. We didn't do this today, but let's do it. You guys seen the competition on the website? I think we should take a look. Let's take a look see. Boom.

  146. 1:33:40

    If you guys didn't know, there's a portfolio competition going on every week, every month, every quarter now on our website. All you do is, this is free. Just go to click this little button called portfolio. And guess what? Let's take a look at it live. Let's take a look at it live. Current leaderboard right now. Well, we just started. So, it starts today.

  147. 1:34:06

    Picks are in. We want to go to past competitions though. So, last week's winner and VA not you go. It's a weekly comp. Uh this was the Yeah, he like my guy had actually very um distributed uh trades, not balanced, but like definitely distributed. Uh that's a weekly weekly and sniper comes in second with our dude uh coming in third and our boy Graham holding up the rear.

  148. 1:34:47

    Uh we have classic is a monthly Classic September classic Yoshan one. Boom. What you can do and the reason I'm doing this is that we can actually see what do we have? What of our what is the crew doing right now? Also the marathon is live three month. This is quarterly quarterly. Shout out to the original first ever crew doing a quarterly challenge. Um, for the monthly, Gabber is in the lead at 6.27%. You can kind of take a look at Hey, what? A AOI Okami Credo. Oh, this is heavy AI. I think VST is might be a winner. Nobody asked about VST. Didn't they get a deal today or something like that?

  149. 1:35:38

    I need to Oh, you know what? I was going to do this when you're picking rounds and Graham will probably fix this in a little bit. What I wanted to do uh was have it so that there's we have a plugin and it says, "Hey, look, is this expensive? Is this cheap?" Whatever. It gives you fundamental uh access to a lot of stats, analyst ratings, live news, things like that. We're not here yet. I can't do it at this moment. So, for those reasons, I am sorry. I thought I was going to be able to, but I cannot.

  150. 1:36:07

    [sighs] Um, [clears throat] oh, buy grandma coffee. I like that. But yeah, usually when we have stuff on here, it will look like my god. Just get me there. Look like this. I can't click on nothing. All right. Well, I was going to show you guys the tool. I cannot at the moment, but congrats to the winners.

  151. 1:36:38

    Love it. Like to see more of it. And we are still holding on the cues. We are still holding on the cues. Oh, Russell, my guy, what is up? I am bleeding on Micron and Sandis calls. Oh, wow. Do you think they are coiled after the earnings call?

  152. 1:37:05

    It's a loaded question. Move the cow. Well, first things first, Russell. I did. As long as a stock is coiled, you should expect to bleed. Expect it. That is actually exactly what happens when stocks are coiled. So, for those reasons, it's it's those options are doing exactly what they're supposed to do. Um, in addition to that, you are fighting earnings volatility that's coming off of Micron. So, you should expect to bleed more. Um, are they coiled? I'll just go micron. Is micron coiled? Um, this is all about how much time you have on your options. Um, for Micron, he's looking at 1250.

  153. 1:38:00

    um coiled is not when you buy options. Uh I'll just say that you need to have active moves happening. So they will they will they will think the approach is is wrong here. Um so depending on what you're doing uh you know first of all options are trading vehicles. Options make you money when this exact moment happens. Like in this little moment or to the downside in this little moment. This barcoding that ain't going to make you a dime.

  154. 1:38:37

    Actually, you'll lose all your money, right? This type of move will make you money. Short bursts, right? They're not investing vehicles. They're not to be used for investments. I know people do. I we went through broadcast. I showed you, you know, a better way already. Again, we'll have a webinar on the 15th to show you a better way on maybe something exactly like this. So, let's say Micron in general. Is it cheap or expensive? My gut is that it's cheap at this moment. My gut is that it might actually stay cheap.

  155. 1:39:10

    Uh, it will stay cheap until it until it actually comes down. It is extremely cheap on a 30-day IV perspective. It doesn't get any cheaper, in fact, than this. Uh and that is because it is absolutely in range literally a zero percentile 100% of the time in the last 30 days they've been more expensive. So you are correct in terms of you are experiencing the bleed and that bleed is uh is just [laughter] that bleed is is is getting deeper and deeper. uh in this instance like the similar to how I said about Broadcom, it's all about how much time you have.

  156. 1:39:55

    It's all about the decay, things like that. Um can it get cheaper? Yes, it can. Um and my gut is on Micron it will. So a couple things to note. So on earnings itself, here's your earnings candle right here. Let's go from here to here. You're probably at the center point. So like I don't think it's going to go anywhere.

  157. 1:40:28

    Uh right here. The high of that day is the following day is right here 1198. So unless you're over and I can see it on the chart already. Unless you're over a,000 $1,100 holding, those options will continue to bleed out on you. So, as long as as long as Micron is in fact in this box, every day that Micron spends in this box, those options will get cheaper and cheaper, probably substantially cheaper every day, uh, until all of a sudden they're not, right? But I'm telling you on the chart over,00 or below 1020 that's when they're going to you're going to be in expansion mode. Um if you wanted to do a little trick.

  158. 1:41:26

    Let's see if this goes. Come on. Clicker on. Uh there you go. There's and I'm not going to I'm not going to go super in-depth here. You can [clears throat] use two things. One's called Kelner channels, another calls Ballinger bands. But generally speaking, you're looking for trending volatility, right? And when uh your stock is within a one to two standard deviation range all the time, you're not trending um and expect that IV to come down. see this here how this is all staying inside this upper band again this is trending IV which I don't have time to explain right now but um but I will tell you this is super important and no you are um you're going to bleed for a bit until this is over exactly those levels that I was mentioning um and once and if you are then once they're sustained uh if you can sustain that move then yeah

  159. 1:42:23

    you'll have it as long as the stocks remain pain on the upper or lower bound of their average ranges. If they don't, then you're immediately going to pull it back. So, for now, expect more bleed. Is it coiled? Look, as long as this is over 1045, 1044 is actually the level. That's this area here and here. Uh, it's coiled. Yeah, for sure. But it'll it should stay coiled for longer. Um, and that would cost you. So, it's not going to be until you're over 11, uh, that you'll have an opportunity to see this and it'll look like that and that would be a better entry. So, this is all about waiting for that confirmation.

  160. 1:43:09

    Like, do you have confirmation? No, you don't. Right? Just like the just like the rest of the market that we're talking about, this is this is welcome to the school of gains. Um, this is not this is not confirmation. Is it bullish? Yeah. Um, but just because someone's something's not going down does not mean it's going to go up. Uh, and it this does go up and you do have an 1150 session gap here over here. Again, options are very nuanced. Uh, I do do options significantly. This is the type of trade that um, I'm spending extra time on right now, but if you were in the apprenticeship, which is our our initial uh, program for the school of games, I would be dissecting the trade log. I would be looking at exactly what strike you got, exactly when you got it. Uh, and I would I would be looking at events. I would be looking at everything uh the entire options chain and I would be putting a plan together with you. We would be putting a plan together together to either amend or do this a

  161. 1:44:07

    little bit differently um and show you exactly what good looks like. But because we're not and I don't have the time to do that, I cannot. But that is what we do do in the apprenticeship. We do that every week with the students. So also anybody who's there uh yeah they'll tell you all about it in terms of SanDisk you know this is storage I think uh again I can tell you over 1673 this is in a bullish setup um over 2000 yeah I don't have the full context so um over 1673 you should have a bounce into 1850 50 or 1890, something like that, but that's your that's your bearish resistance here. So, unless you're over that, which is basically 2,000, um you're not you're not getting that 2,000 plus kind of move. So, expect to be in

  162. 1:45:06

    again um like a spot where volatility is going to be getting sucked out of this uh option chain on a daily basis. Again, SanDisk in the in the very same thing, right? So, how you trade this uh matters more than price action itself. Price action again is not even maybe maybe if you're lucky, half the battle when it comes to options. Price action 50% of what you need to know in order to actually leverage options. Uh most people don't understand that, but that is that is the truth of the matter.

  163. 1:45:45

    Um, so yeah, uh, again, I I I'll tell you this. Micron looks like it's going to be stalled for about 45 days. 45 days until it can break out of its its earnings, uh, candle from just the other day. So, are they coiled? Yes. Uh, I would trade these very differently. Again, we'll do a webinar on exactly this situation um on the 15th. So, stay tuned. Make sure you know these are on and I appreciate you, man. Uh, best of luck. And if you are in the apprenticeship, which I don't know, um, do it. We would go through it. Oh, Connie, you're the best. Is that the webinar Thursday? You rock.

  164. 1:46:29

    You rock. JD, go back to the beginning. Go back to the beginning. And Russell, I appre I appreciate you, my guy. I appreciate you. That's what I can tell you. Nius, weak, weak bulls. Been saying this for a while. Weak bulls. Why? I don't know why the bulls bulls bulls must be early are so weak on Nebius, but it's it's irritating. Anyways, 245 remains resistance, resistance, resistance, resistance, a breakdown, breakdown from support here, which was resistance, resistance, and a prior breakout. 245's

  165. 1:47:27

    only been support like just for a day. I don't know what [clears throat] to say on this one other than I'm very disappointed in the bulls. I'm extremely disappointed in the bulls. That said, 220. So again, this is one where neutral, boys and girls, highly neutral. Uh 220 is your support area. Does she hold?

  166. 1:47:56

    Well, TBD, that's where we just bounced off of. It's support because it was resistance here, here, here, here, here, and our bounce zone here. So essentially what was an SR flip that way, we want to see it become support in the future, which means that this can come like that. But um net net highly highly um consolidated like this this thing is just like consolidation um I don't even know what to say on this general uptrend here. But this consolidation is is heavy.

  167. 1:48:47

    Look, if you've been selling calls on this thing for the last month, you've been cleaning house or puts, cleaning house. In fact, I would say that that remains to be the case. So, yeah, this is a no trade uh collect income for a bit. Do I have any headlines? These are going to have to be news driven insider sold over.

  168. 1:49:18

    Yeah, who cares about 19 million strength and token factory? It's expensive probably convertible notes. Yeah, there's a little dilution. Yeah, business is fine. It's just a little exhausted. She's resting. She is indeed resting. All right.

  169. 1:49:49

    Manav Manav from Sweden, did you have um a strudel this morning? Because guys, strudles are like, first of all, the markets might be a little bit more fun over here in the US, but we got to give it to the Swedes cuz they just they just have us destroyed on the pastry game. Like, we got nothing. We got nothing.

  170. 1:50:25

    Appreciate that. I mean, literally nothing. They put us to shame. It's sad. So, [clears throat] did I say it wrong? I don't know. Yeah, toaster. Anyways, appreciate that. Can we do Celsius?

  171. 1:50:55

    Well, okay. chart I think is is is probably see I don't even I don't see LA Celsius chart is at support chart is at support it this one's a little bit tough I don't follow this one really anymore We don't even have like a a big there's not a not a lot of news flow in there. They bought Rockstar, which I thought was good, but I think the dollars ahead went and they're tied to this Pepsi distribution.

  172. 1:51:48

    So, I I don't remember what happened with that Pepsi distribution deal, quite frankly. Um, so I would I would probably want to look into that a little bit. My gut is that that's going to be a thing. Um but that said, you know, this is that prior low $20. Um the bear the bear zone remains up here in 60. So like just just from that perspective, you're like, "Wow." Um [clears throat] that's a lot of that's a that's a decent upside. Again, time frame matters. Um, I can probably go from inception low just really quick and just get a a double check here.

  173. 1:52:44

    Um, yeah. So, while this does look like uh it is near a support level, it that $20, $21 support level is probably like where it's heading. Um, and it's not actually going to be out of the weeds until it's over like 38. That's the truth of this one. So, you might be DCAing here for a while. Um, in this area, but this is the lower end of support. Uh, that is like what, $5 lower though if if it breaks out. I don't see it breaking down right now. I do see I do see people slowly starting to build. Um, we have what was called a price of interest, which is if this is the last low here, then you kind of like what is the low before the last low situation? And that's about 2530 which is how I got that price of we call

  174. 1:53:48

    this I call this a price of interest 2523 something like that. I mean I guess you could take it to here but that's basically it. Yeah 24. So, um, yeah, I mean, in this area, that's your support, but it's not, so this is a situation where like here, if you if you went out and bought call options or things like that, um, I would say that's a bad deal. It's a bad that's a bad idea because this is not going up until it's like not like a trend up until it's actually over 38, right? So, this is more like DCA into a stock. Maybe sell some puts if you could. Um, that's the better trade here. and volatility is not going to be expanding until you're over that 38. And if you are, then you're heading back up into that range. Um, so if you like it long-term, have at it, right? Dollar cost average in here. Um, as close to 20 as you can. I don't know that we ever

  175. 1:54:45

    see 20 on this again. You've got to follow the stock to stay up to date on news. Uh, but if it's if it's substantially below that, then yeah, I just Look, my other thing is I haven't boughten a Celsius in in a long long time and I don't I think I got tired of them. I don't really care for them anymore. They need uh they need they need Celsius games. It looks good though. I'll say the sector that this is in it's a little bit different. I mean it looks it looks fine. The sector I mean actually it looks it looks good. The sector that this is in is different than than your typical growth names, right? So if they do come back to growth, it's almost like this one will move on days that your your nebius and core weaves and things like that will not be moving. So it's a good it's a good little balance. So for those reasons, I actually I don't hate it at all. Um I just how I feel about the drink. I think you got to look at

  176. 1:55:44

    that Pepsi distribution deal. Pepsi on its own is kind of been struggling for a while. Uh there's some dollar headwinds um with exchange rates, things like that. Very basic things. But um but I don't see them on the like you don't see anybody wearing Celsius gear like you see people wearing Monster gear, you know? I mean like monster is like oh this is the one, right? But it's like dude everybody who they're they're walking billboards for Monster all over the place. You're like what? Um, it's crazy, right? They don't have that.

  177. 1:56:21

    I mean, they kind of have that with Rockstar, which is what to me would be more exciting. Like, if they do get the Rockstar brand back up and kicking, that would be the deal. Maddie, you want me to take the top off? It's getting a little hot. It's getting a little hot in here. And they they do they own they own Alani, but again, Alani is a similar story. like the one that has the brand awareness is Rockstar to me. That could have the cool factor. Um, but we shall see.

  178. 1:56:54

    All right, AOI, I'm going to blow through some of these um because we are getting a little bit down to the wire here. A AOI. All right, sub 110 um was kind of a little bit of a buy zone. This was um look, as long as you're over 117 from now, then moving forward, you are actually in an active move. Um, this is getting squeezy, but again, this is very choppy, so be very careful. This is a chart that can look what great one day and horrible the next. Um, this is not necessarily a a day to take action. It is all about and and how the rest of the market, by the way, it's all about tomorrow. Um, so 117 spot 50 remains your pivot on AOI. Uh, if you cannot if we don't open and hold over that, expect us to be right back into 105s. um very quickly. But if you do hold over basically today's 120 candle, that would be what we call confirmation of continuation.

  179. 1:57:53

    Next time Matt is on stream, um he will be taking his top off by the way. In the meantime, I love you, Matty. So yeah, um just a little chill. Tomorrow's a big like how this week progresses in general is is very is very important. uh as AOI starts to push through that 117 and a half. Not too bad. Not too bad. All right, Verizon. A lot of you guys asking about Verizon. Why? Oh, because she's down. She's down.

  180. 1:58:22

    I like Verizon. I like the connectivity trade in general. Um and if you don't own it, it might be a little decent. Um they have a lot they have some legal issues. I'll say that. Um but it might be decent like diversifier potentially. So here's Verizon. This is this kind of like prior consolidation break. So rip roll rally roll. Oh, wait a second.

  181. 1:58:58

    You be careful with dividends here. satellite connectivity venture with AT&T NT Mobile for a gross two hours. Yeah, probably. Yeah, I I think it's going to be a long road on this guy. I'll bless this. I think that carriers are actually going going to be important in the future.

  182. 1:59:34

    Whether or not they they win, I don't know. But um you know, connectivity as a whole is a really big deal. It's what will, you know, enable this AI revolution, if you will. Um whether that's on ground or in satellite I don't think I don't I don't know what we know what's what's true right now merger I don't know about this joint venture that's wild thing.

  183. 2:00:18

    Yeah, it's a connectivity story, I guess. Um, as close to 45 as you can, just underneath 45, 4460, 4450 and change this guy right here. So, if this is to be the low, the lows before the last low are here. And you kind of just like draw this across. Where's my here? that is about this area. So I mean really anything in here which this 46 below 46 down to 44 um that is a a from this low to this high measured move. This is about 50% retracement. That's about 60% retracement right there which gives you the slight technical edge. Uh and in this case I can say that it kind of aligns to these prior high high. So, you really want to see that turn into support, which it has twice in the past.

  184. 2:01:16

    If it can happen again in the future, um, this is actually probably going to start looking more bullish than not. But this is a chart that would take a long time to play out. Not like weeks, like like multiple months, possibly longer. Joker, my guy. Um, appreciate you, man. Appreciate you being here. Is this side time?

  185. 2:01:44

    No. Silk motion. Silk motion. Small cap. Oh, she's she's tight. 10 Billy. This is Smid Smidcap. 10 Billy is usually the the magic number. She's tight. She's tight. Stay Stay close to news on this. Um what they're doing. I think as long as it's over 279, you're you're into 300. But it's going to this is a setup where it's like it's going to get real close to that. Um you want to see it over like 305 to be like really in the clear. Uh and if it is in the clear then then you're you're a big you're in the 450 plus uh movement. Um today's like your first day that you're really getting through this. Later on I will go through something called the January effect. I think uh I think you could be cautiously optimistic here, but you really don't want to see this back below 270 in strength. Um there's a big that was a big level to get through today.

  186. 2:02:43

    So, uh this looks okay as long as it can hold through again tomorrow. Uh and you got earnings coming in here. Double check on the company. Make sure there's nothing, you know, funky going on here. But this one's hot. She's hot. AOI, we we did that already. Um and 11750 tomorrow needs to hold through. Grab grabby grab. I don't ever. You're good.

  187. 2:03:10

    See how I shut up real quick on that. That was that was that was bounc. You got to get through this. This is a spot. Look at this massive range from here. So again here that is where we are. I think you take something like this on a monthly scale. You probably clean it up and I don't need any other lines other than that. And we just say look at that. If what is that June lows?

  188. 2:03:42

    So right now we are retracing September. And that should take us to 3 331 right over here. That's where this could if you're over 318. It's nothing to write home about, right? Um, we have a lot of overhead resistance. All this kind of stuff from a monthly perspective. [clears throat] Here's that first that first pivot. That's literally where we are today.

  189. 2:04:12

    You just kind of take it in. I mean, that's that's literally so we should see three almost 330. Um, that is going to be resistance. We want to drop that down into week to week. again. That's going to be right here. [clears throat] Then daytoday, you're right on it. So, I think this is building. It looks fine. Um, for all intents and purposes, this does look like 330s to me up in here fairly quickly, but it's it's about what happens from there.

  190. 2:04:47

    This dip has been bought. It continues to be bought. It looks constructive. Um, it's not out of the weeds yet. Looks very constructive. She should be heading into that 330 plus after that. I can't really tell a whole lot. Yeah, she's tight, Maddie. She's tight. And we did Sera super early on. Um, as is next, then I'm gonna start blowing through.

  191. 2:05:16

    Um, support space. I mean, my gut is that space holds here. She's holding. It's all neutral. Space. Um, she's not holding, but she's should probably hold. Uh, I know it's not my favorite stock, but again, holding. SoFi. So, hold wait on space. We're gonna need some uh some heads up. Uh SoFi, I think that was the lows that there's my my alert went off.

  192. 2:05:47

    Um after hours right here, this is this is your I don't I don't know if it's the lows or not, right? This is very much rate driven, but I think this is look, that's your tradeable low. Boom. Right there. So, for all intents and purposes, this should be heading into 1750s, something like that. Um, there's an easy way to trade this if you want. I would again do time spreads, something like that. She's very slow going. Um, but she's off support here, heading into resistance, which is slightly lower than she was before. It's getting tight. Uh, again, another tight one for sure. Corewave off support, I believe. Neoclouds again, weak bulls. Very weak weak weak bulls.

  193. 2:06:28

    Um, if she does not hold 88, expect 80 bucks. Again, that's near-term support. It's not long-term support. Like, it is it's support. Anything below 80 is is typically viable, but your real support areas here, guys, just to be very clear, right? That is at 6459, significantly lower uh than what you might be thinking down to 57. [cough] And in the meantime, she's kind of stuck.

  194. 2:06:58

    She's kind of stuck. So six below 65 down to down I'd probably swag it at 55. That's your support area. This is in a very precarious position honestly as a chart where like if it's if it is trading down below 79 I would expect to see that 65 or lower very quickly. Uh because this is this is building a squeeze. Um and again it's going to take a while. So, this could be sideways for a while, but if it's below again the range 79, um, which is a a ways away right now, you're more at risk of this than anything else on the charts perspective. Um, it's it's mostly neutral, though. It's highly neutral. I would have liked I'm just I'm not liking the it's just another another case of the weak bears. I mean, bulls. I'm so used to saying weak bears. But come on,

  195. 2:07:56

    guys. Why are we doing this? Weak bulls. Weak bulls. Even if this pops up, like I would take this prevailing downtrend one more time. If it comes in here, it's like, dude, I mean, I'm still not out of the weeds. Is it a decent trade? Maybe. Um, but if you like it, you build below 80. You build below 80. SpaceX. I guess that was the other space one. I mean, maybe it's sucking the wind out of the rest. I don't know. Uh SpaceX over that first IPO price. I think uh your next Maddie knows when the next lockup is, but it is Connie Rock. Yeah, guys, thank you Connie for doing this. I don't have a QR code. I'll have this next time. Um but yeah, check that out.

  196. 2:08:50

    Can you DM that to me, Connie? Because I couldn't sign in to it. You had to You had to go through and you did some work. My girl is doing some work over here to get that link for sure. But SpaceX over that 150 initial like opening print 149 spot 57 that is uh that was a big deal. Big deal. Now you're retracing into that opening day. So over 163.

  197. 2:09:24

    Yeah. She's looking at 178. I don't I mean here's the deal. if they're going to start looking at this differently like as this entire thing as a consolidation. I mean you can but you're and I have confidence here is like you can this has room up to 180s so that's your bearish resistance at this point in here 180s I mean 165 actually was about your that is a bearish retracement so from this high to this low 50% is 165 here. Oh, thank you, Connie.

  198. 2:10:08

    Yeah, here's the link. I don't know why that's Where's my media? Whatever. Oh, there you go. Media.

  199. 2:10:37

    There you go. So, this is about like Micron, Nebius, things like that. Um, little bit advanced type trades. Also helps you prep into earnings, but this is October 15th. Um, and this is the market right now. It's right this morning. Like, we could look really good. I don't know what it's going to look like by the close. I said wait till the close, but so many times this this whole this whole last few months has just been like all right, I'm stuck, right? Like you're you're bouncing between FOMO and probably fear, right?

  200. 2:11:11

    And you know, every time you finally cave and you're like, "All right, I fomoed in." It's like the stock knew and it just dumps on you and then you sell the low and it just goes right back and it's like reverse reverse. At the end of the day, you look at like Micron and um and nothing's happened. So, there's a way there's a way to navigate this market. Don't tell them. We do give away a lot of stuff. There's a way to navigate this market, but 16550 was resistance on SpaceX. If that fails, then you're back to the 150, but as long as it's holding, you're on trajectory to 180.

  201. 2:11:48

    Oh, [clears throat] come on. So, I had 105 to 101 as my buy zone. She's building. Look, I'm here for a long time, not a short time. I love it. I like it. Um, yeah, I'm done buying in this range. My cost is about 110. Um, but you know, it meaning that if this breaks down, I'm going to get a bigger discount. And so, if it does happen to break down, I'll buy lower. That's it. I don't She's not cheap, actually. But, but dude, this is There's a lot of stuff that I really love about this. Absolutely. But yeah, 105 to 101 was my actual buy zone.

  202. 2:12:23

    Probably not going to happen again unless this actually is in a full-blown breakdown. I like it. Intel and I'm moving, grooving. I got about 3 minutes left. Um, almost, not quite. So, back to 120 is that like consolidation area. We have again this is what we call a broadening formation. your megaphone megaphone where you have the giant like Charlie Brown's teacher.

  203. 2:12:50

    Um 111 right here is kind of like your center line on this guy. Boom. Right there. There where it where it failed. Where it failed. We want to where it got held back and the big gap. Right. So we want to see this general area hold. That's about 111. She's looking good below it 118. Um, yeah, we should possibly see that pullback. I don't want to see a whole lot more than that than the gap itself. But, um, let's do it this way.

  204. 2:13:24

    Let's just do one more. We want to see this hold longer term. Again, if you missed it, go back to the beginning. Um, when I'm done, I go through the eating season dip by we actually define it. We look for exactly what we we need to see. Uh and then we walk through what confirmation looks like. [sighs] If that 111 doesn't hold, then you are at just under 100 TBD. Um but I think you're I think you're okay. I think you're okay.

  205. 2:13:57

    I don't know though. I don't know. The eating season will tell us. The eating season will tell us. We did Ryzen next decade. I mean, we just asked Maddie. Matty's the next decade to buy. So, no, that looks like we're very near support though um to me. So, I I like it from a chart perspective right over here. Um I mean, honestly, you're kind of looking for this situation. Can it go lower? Yeah, you can see five bucks again. It's very possible, but I don't think you're in this for a short time, honestly. Um, you know, this is a a bit of a spiky chart, but let's go ahead and grab this guy. Also, stay up to news, up to date on news, which I don't always do, but you know, some others in the group, fam, friends of the group do. Uh, I like that level. I like that 650

  206. 2:14:52

    level. So, resistance, resistance, support, support, support. That's a pivot to me. So, I liked it over here. Look, it's a big pivot. Does it hold? I don't know. This one's got risk. Is this is very risky. Um, it is what it is. So, as long But as long as it's holding over this, I like it. Cisco back over the 50-day. I mean, look at WDC, Western Dig, and Seagate Technologies just absolutely shellacked last week, Friday, on the news of Toshiba increasing output. I feel like that was one of those moments where you kind of just buy, right? WDC here right off the 200. This is very much alive, absolutely squeezing or squeeze potential. Seagate again, basically giving it taking it all back off that shellacking on a Toshiba headlines.

  207. 2:15:48

    Sometimes those are the headlines that sometimes those are things that that's like that's what the stock needs to be able to get out of its like consolidation. They have been absolutely consolidating. It's still consolidating but look dip buys like that if you're accumulating I think buying the fear buying when there's blood in the streets market climbs the wall of worry. That is how it works. If you didn't know now you know. Loos still looking at the 150 a very tight like this is everything's setting up for a bit of a squeeze view.

  208. 2:16:22

    Um I like it. We got to that 150 last week just like I had like on my plan but it didn't hold also. What was the biggest concern? The lows held but this is unfortunately a lower high. So still very much in consolidation. Something's brewing. something is a brewin on uh on Google more so than Micron or any of the others like this one. This one's brewing hot. We want to we want to watch this. We did a again I kind of want went over the fundies. Um you know 290 is so this is your inception support right now. Um by the way I believe like from alltime low to alltime high 290 to 266. 266 was that low-end support. You can kind of map it to this area over here. Um over here and she held. So, well, I don't like the stock at all. Um that was that was the first level that was the first real level of support that you just hit.

  209. 2:17:18

    So, is a low in? Yeah, probably a low is in. Um and if this is in fact over See, the thing is you have this earnings candle right here that she broke down of. So, it's a big drop. This could be this could possibly be a liquidity grab. If it I'm going to say 290. If it's back over 290, it's probably going to take a run at this and then you want to see that actual low-end hold, which is call it 300. Um, if it's sustaining over 315, then yeah, you're you're on your way to 370. So, however you want to do it, again, you don't have to like a stock to trade it. That's a 40% upside from the lows of this morning. If you're just trading it into 377, which honestly that's as much as I got on this guy that um which was your prior support broken, support broken. If you get to that 377 range, which is a long ways up from here, you I I'm just saying pull the rip cord, baby, because you know what all

  210. 2:18:18

    these people are going to do? They're probably going to unload on you. Um that's my gut. Take it for what it is. just technical just my view. Uh I could be totally wrong in like they would have to say something fundamentally shifting to their business. Rusty's late as always. It's all good. Still love you. APLD support, right? Oracle moving off support into resistance again. A little bit squeezy. Bloom Energy holding the levels. No confirmation though, but she is holding. AXTI [clears throat] also holding no confirmation. Um but just as constructive as all of your small smidcap um AI plays. If you're not familiar what those are, look, there's a whole lot of them. Uh call it the data stack, if you will. Um oh wow. Holy what? My Foxcon is up way more than it ever is. Okay. My Foxcon is up quite a

  211. 2:19:17

    bit. That's good. It is a steel super cycle indeed. Cerebras off the lows. Western Dig having one of the better days with Seagate. Look it worth this is a steel super cycle. New core big days. SDL big days. Not in your normal spaces. Go back to the beginning where the good dip buys could be industrials possibly. Um but you know DIA specifically. Does anybody know how many stocks are in the in the Dow Jones Industrial Index?

  212. 2:19:54

    Um I don't know. I don't know if that's a dumb question or not. My talent is doing well. In the Dow Jones industrial index, how many stocks Cloudflare still holding new highs? Wow. Hallebertton boom. Uh any world in recent move? Oh, yeah. I've just been buying this again. like ca cadence. Oddly enough, I'm not sure how bad this lag is on YouTube, but I asked the question I don't know what feels like an eternity to go about how many stocks are in the uh Dow Jones Industrial Index, but I don't have um I don't see an answer. Oh, there you go.

  213. 2:20:45

    We got one. Chat is coming in. Felt like it was one of those. Uh, all right. Here's the lag. Um, could have been one of those trick questions, huh? It's technically only 30. Oh my goodness. >> [clears throat] >> here. Good night.

  214. 2:21:46

    Oh, that looking better jump September 11th. Hi guys, there's your ads. I don't know what to tell you. Cadence. Cadence. Cadence. Cadence. She's looking good. That was dumb. You're definitely chasing here, though. Definitely chasing here.

  215. 2:22:17

    You are not in the buy zone anymore. You are in fact at resistance. Do I think she blows the resistance? I do. I do. Big plans for actually I have a very busy week. I want to go live more this week. I will tell you the fam Damley has a boatload my mom's calling a boatload of um appointments. So, I'm I'm gonna be running in and out of the doctors and stuff like that. But for right now, yes, it is Chasey here. KB, you know that. My guy knows that.

  216. 2:22:54

    I appreciate you guys. I do in fact have to jet. I appreciate all of your support. No, I don't have pink eye. Here's the proof. Ah, look at that sunglass. All right, that's it. when you need new sunglasses. That's crazy. [laughter] That's crazy. Much love to Charlie. Yeah, Charlie's got an appointment this afternoon. Then the boys got some appointments this week. So, I am all over the place. Uh, as far as I know. Okay, that's so bad. I got to put these back on. As far as I know, I have Tuesday stream with the MIT. I don't know. But again, slap the noties on. We'll try and get live as much as I can this week. Um, but it is a big week.

  217. 2:23:49

    It is a big week. And if you missed the beginning, go back. We went over some good stuff. Um, yeah, share it, share the stream, subscribe, like the channel, like the show. I love you guys. And until next time, adios.

Questions

AI-generated, and answered only from the transcript.

What was the result of the September non-farm payrolls report?

The report showed 29,000 new jobs versus a consensus of 90,000, a much weaker number. This soft jobs data cooled expectations for a Fed rate hike.

What is the 'eating season' and what confirmation is needed?

The eating season is a historical market sweet spot from November to January, often starting in October. Confirmation requires a daily MACD buy signal on the Dow, S&P 500, and NASDAQ, which must be confirmed by the daily close.

What key levels is the host watching on SPY?

The host is watching 772.65, last week's high, as a pivot. A weekly close above that level would be confirmation, and an open above 775 would strengthen the bullish case.

What did the host say about Qualcomm?

Qualcomm is in a legal trial with ARM over royalties, seeking to stop paying for five years. The chart shows resistance around 200, and the host has alerts on for a dip to the 175-165 buy zone.

What is the host's view on Corning?

Corning is consolidating with support at 150 and resistance overhead. As long as it holds above 150, it is building for a potential breakout, but below 130 would be concerning.

What upcoming economic events does the host mention?

The host notes FOMC minutes on Wednesday, jobless claims on Thursday, and consumer sentiment on Friday. CPI is expected the following week on October 14th.

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