Well guys, after a long day of work, guys thirsty, yes, thirsty's got a drink, so a little bit of liquid down the hatch. Oh, what are we doing today? What is up everybody on the tracerazer? We freaking talk fast and don't skip class baby like your members by saying that i'm not a financial, advisor or expert so take this in the grand salt, let's get into the video. So today, my friends, my family, my fellow guerrilla gang. I want to talk about amc here.

Obviously, i'm going to give you the update on a couple different things. I want to talk about the ortex data volume. Percentage stock, tracker call options in the money about how many shares are available. To borrow, i want to talk about the feds a little bit because i did speak today.

I think that it actually is going to affect not just amc but the entire stock market and then wrap it up in the technical analysis, so without further ado holy crap jesus christ. Oh spider, oh holy, oh, okay, jesus, oh nothing's, still alive. Oh my god holy. What the die spider oh holy, give me a sec.

I got ta, i got ta come back jesus. I wasn't ready for that. I was not ready for that. Jesus christ has scared me anywho, let's start off here with ortex, so i want to go over or text down and show you what kind of is rocking here today short interest went down just a little bit right.

This gives you about 85 percent of the exchange reported short interest so down about 0.76. This is reported right, keyword being reported, here's an overall trend, so the trend is as of right now critical interest about 13 percent of free float, 66.49 estimated uh total millions of shares that are shorted into the market. Keep in mind that when volkswagen scrolls now that, obviously this isn't an apple, it's an apple, an orange right, there's a different free flow, there's different investors, but nonetheless, it's closed off of about a 10 total short interest. So 13 is easily enough to get a nice squeeze effect out of the current stock right.

87.05 million total shares on loan 17 free flow that free flow on loan. The estimated short interest is squeezing down which further you know essentially validates the hypothesis of a forced recall on any sort of shares that were out on loan right utilization about 81, which means it's not a terribly hard to borrow stock. How otherwise that cost to borrow was actually going. You know about the same.

It had reached about 19 of the previous trading day. It's in about 8.23 right now, so not a huge amount of pressure on short positions. However, it will start to go up as the the losses continue to accrue forward those shorts right. Another cool thing that ortex actually put out today was a squeeze cigna baby.

Let's go short squeeze type three. This is typically a buy signal. Obviously, and the single return will give you some sort of estimate on how much this will go up in the next two days right. So that's a pretty cool thing to see average mean return, is about 27.4.

I'm, assuming i don't know the top of my head right - this is based on you know, essentially a two day hold. However, that's a pretty cool thing to see right. The average return be 27.4 percent. It's just a nice statistic to have in your back pocket for the potential for the stock to have a nice run up so do have that in our back pocket here, according to just the basic analytics and a variety of different things that they show uh.

You know in terms of the squeezability of the stock daily shortstop volume percentage, as i hypothesized yesterday, as many people could have probably guessed the short volume percentage spiked. What do you know pretty wild stuff? On june 15th, we had a total of 47 total short volume percentage, which is not surprising when you look at the fact that the stock pulled down pretty freaking hard right now, i'm anticipating the exact same thing again tomorrow, you saw a heavy sell-off today right, maybe You had some people that got all the stock, maybe right, but the majority of people that are holding right now are apes, light taps, they're, apes man, i'm telling you so i really do think. There's some more shorting that took place today and you're gon na get that confirmation tomorrow, when you look at that total daily short sale volume percentage right. So that's a good thing to see.

That means that likely anyways most of that sort of sell-off, did come from some short sellers. Finally, i want to finish this off with stonker track. You can see. There's currently, 426 000 call options that are expiring in the money on june 18th, as we come closer to friday, when those call options that are out the money you know, do expire, you're, gon na have more of that gamma squeeze effect, which essentially comes from these Call options that are out their money that then run in the money get hedged for so how many of these are actually hedged for, probably the vast majority right.

So if you look at the call options chain for amc right now, i would imagine anything up to maybe 52 53 bucks is likely hedged for at least in some sort of fashion right and as we get closer to friday, thursday and friday right. These are going to really do some damage, so let's get over 56 57. 58. 59.

60 bucks. You can see how critical these two numbers are right here and why they're probably trying to hold it down underneath that 60 level of resistance. If we get over that man, the gamma will be stupid, stupid, filthy disgusting, absolute nastiness, i mean that's a lot of call options that could really do some damage in terms of gamma, squeezing so that's kind of what you got cooking up right. There total shares available tomorrow is about 2.3 million, and this is uh.

It stayed about the same throughout the entire day, doesn't mean that shorts didn't take positions right. This gives you an overall trend. It doesn't show you all the available shares. It could just simply mean that there are lenders that are getting a constant supply of shares out to the market.

This is probably because, if you look at orange x, the utilization isn't maxed out right. There are currently available shares to borrow so it's not that difficult for shorts to establish new positions. Does that threaten the overall squeeze? No, it actually gives you a higher ceiling. The fact that people are still taking short positions on this stock right, even though it's trading at 50 bucks and even though they're still and that's the squeeze on the table, just shows you the damage that can really be done here, my friends, so that's what you Got cooking up right there now.

I want to finish this off by talking about what the fed's talking about today regarding inflation, so defense, if you, if you weren't able to catch the live stream, the chairman powell, he came out and talked about inflation expectations. He said this is a you know, a spike in 2023, which i think is a little bit of a liberal estimate. I think it's gon na happen a little bit sooner than that. What do i know? I'm 23 year old, nobody in the middle of uh.

Who knows where you know - but i i spoke about this before and i think inflation interest rates and honestly a tightening of the economy is going to affect amc stock and the entire stock market, for you know basically, two main reasons so i'm showing this before short Again i'll give you a brief rundown on repos and reverse repos. Repos are exactly this feds give money to banks and the banks give the feds treasury bills. It's a transaction right, so the feds essentially are the buyers. The banks are, the sellers.

Banks are selling treasury bills, the fed's hand over money. Well, this ended up doing and you look at this back in actually april 2020. I thought it was march. I misspoke i apologize.

It was actually april the supplemental leveraging ratio was put into effect, and this actually allowed big banks and institutions to leverage more capital, since the economy was not doing very well check. This out federal reserve board announced this temporary change to its supplements. Are leveraging ratio rules to ease strains in the treasury market resulting from the coronal virus and increased banking organizations ability to provide credit to households and businesses? The banks didn't have a lot of money. People were defaulting on their loans defaulting on mortgages.

Things were tight right and when supply is tight, demand goes up. Interest rates go up, inflation goes up, xyz, xyz xyz right. What ended up happening? You had repo that was sent. You know a repo transaction.

The feds gave money to banks, banks get back treasury bills. This actually ended up losing the economy. For the time being, it was a band-aid right. It was a band-aid that ended up saving things uh a little bit, but now you've got the exact opposite effect right, so there was heavy leveraging.

They allowed. You know big banks to work with more capital than they previously were, and now the banks are flush with cash, so you've got reverse repos that are starting to happen. It's the exact opposite of a repo market, they're taking money back right, so the fed's giving back their bills. Banks are giving back the money so in this instance right what the what is happening is the fence are the sellers? The banks are the buyers.

The banks are buying back these treasury bills and this causes inflation and i'm not telling you why it's going to cause inflation, how that affects the stock market? It's because the reverse repo market is astronomical. The overnight reverse repurchase agreements peaked out at 583 billion dollars in june 14th, and it's still astronomically high. We've got 520 billion dollars here in june 16. fence print out a lot of money and we needed it.

You know to supplement sort of some of the small businesses and the retail investor the little guys out there who are really struggling on the street. Unfortunately, the majority of the money that was printed and the majority of the money that was put into the economy was given to the picks the big boys right, and what did they do with that money? They leveraged it. That's what the supplemental leveraging ratio is right check this out, supplemental leveraging ratio generally applies to financial institutions with 150 billion in total. Consolidated assets requires them to hold a minimum ratio of three percent, measured against their total leverage, exposure with more stringent requirements for largest and most systemic financial institutions.

This change would temporarily decrease tier one capital. Requirements of holding companies by approximately two percent in aggregate essentially gave them more leveraging opportunities right. Well, leveraging opportunities means you can play with more money that you didn't have margin. Debt is astronomical right now, over 800 billion dollars, 200 billion dollars of that coming.

In the last six months, it's disgusting, and now that has ended the supplemental leveraging ratio. You know ended in march 31st, 2021. The defense are tightening this back up inflation, freaking interest rates will go up. Mortgage rates will go up, it's going to tighten the economy.

I think it's going to be tough, i really do and how does that affect the stock market? How does that affect amc? To bring this all full circle right? It is meaning that if you were leveraged money that you don't have it, banks are recalling loans right. Let's say that the banks are tightening up so either a you return. The loan or b interest rates go up. What ends up happening, institutions that borrow money from banks got to make a choice and that choice affects the stock market.

I really think this whole systemic problem that amc is the culmination of is going to result in a crash, a market crash. I don't know when. Obviously, nobody can freaking predict that, but i'm telling you when amc, does the dirty deed when this thing goes to freaking tendee town, it's running along with freaking king kong, man, you're gon na see the market pull back hard and you're, starting to already see it i'll. Tell you what check this out? Let's look at the spy, real, quick, you look at the spine.

This is not something that you normally see for for a stock to hug just below a resistance level like this for literally months. That's not something you normally see. Look at this, the spine's been stagnant. Training side was consolidating for literally since april 15th.

Now, that's disgusting, that's not that's! That's it just doesn't feel right to me right. It doesn't look right either so amc any heavily short stock in the market. Any stock, that's shorted with heavy leverage will squeeze up it. Just will that's what's going to happen when margin calls come and when the feds you know essentially want their money back and banks got to do something about the loans that are out.

The interest rates are out their mortgage rates and blah blah blah blah blah. I get the whole spiel right. It's going to make sure that stocks squeeze up it's going to make long stocks pull back. That is, i, i obviously can't say anything with absolute certainty, but i feel very convicted, that's going to end up happening and that's some great confirmation coming from the feds on how that can actually affect amc stock.

So it's good to see them talking about that. Honestly, i think they're being a little liberal, but that's all right, uh liberal, with the way that they say 2023. I think it's going to be a little sooner than that, but that's that's a whole different cup of tea. Nonetheless, let's finish this off with the technical analysis, so in yesterday's video i actually touched on the fact that i believe we're going to have a small dip.

There's two different. You know potential opportunities, i thought a you might see it dropped down and there was two kind of zones that i was watching for. There's a fibonacci retracement down about 53 bucks and it was a level of support down at about 48 49. I ended up doing the first one right.

I did the former. It ended up pulling back to that fibonacci retracements on about 53 bucks. It actually dropped down about a buck and a half lower. Sorry, i was wrong.

I was off by a little bit, but pretty dang close right. It ended up pulling back here a little bit it's starting to get a little bit of a bounce. I wouldn't quite call this a bear trap right. It's not quite a bear trap, but it's a very good setup.

Nonetheless right, that's a pretty nice setup to have rocking right now on amc stock in the after hours are up about 0.2 percent. So what could potentially happen here just looking at the way that the stock you know the chart is set up right now? Well, it is still respecting this overall huge monstrous bull flag set up right. It is it broke out of this downtrend. Now it's doing a little consolidating winding up it's respecting a upside ascending level of support, getting ready to break that 60 level of resistance.

I've said it before i'll, say it again. 60 is critical. Mass velocity point: it's going to bring you not even to the wrong side, not even to the moon to pluto it's going to be nasty. You can see why the gamma squeeze effects from 59 to 60 alone, 22, 000 and 31 000 total call options.

That's a lot of shares man and that could really. I can drive it up to 61. 62. 3.

4. 5. Who knows how high i'll bring it up right, but that can create this feedback loop, the fomo, the gamma squeezing which can lead to short, squeezing i'm telling you my friends, this is still set up. This is beautiful.

Amc is sitting just fine, even though i was down six and a half percent. Today i don't give a man i'm down, i'm chilling, who cares, who cares? Amc was at eight dollars and ninety cents back on. Freaking may 7th think about that. Think about that man.

I tweeted this out because i saw usain bolt talking about it. I saw this kind of rolling around. I think revudor put it out. He was talking about how it took him years of training to be able to run nine seconds for a hundred meter right.

I i was a runner before i ran between the age of 12 and 22 years old. It took me 10 years to be able to drop. My mile from freaking 755 was my first ever time. Mile to 22 years old, i ran 10 miles at an average pace of 504 per mile, took me 10 years to do that.

This is a game of pay shits, you got ta, be patient man, generational, lifetiming, wealth and money does not happen overnight. It's not something! You're gon na wake up to one day be like wow that just happened right. It's a freaking battle. Everything worth fighting for everything great comes with friction and you're, watching every single day play out with stock, it's just as simple as it gets right stocks go up.

Stocks go down, but ultimately i'm bullish and all that matters is that you're right all that matters is that you're right. Do you think you're right? I think the apes are right. I'll tell you that right now, if that's, what i've got for this video, so blah blah blah spill drop a like consider, subscribing to my friends catch you on the next one, much love light, taps and peace.