It's about that time of day, what's up baby, welcome back to 30 straight three talk faster, throws, give class how we doing it's your boy, trey coming back again for another live stream and we have got uh another beautiful day of amc, price action, we're up 11.29 And uh there's a lot of stuff to talk about holy crap. We had a massive update from uh from ortex, who kind of elaborated on uh some data that came out. They did tweet out about this. When you see a drastic change uh as you had, you might think to yourself.

Well, this kind of looks like a glitch, but we're gon na dive into that we're gon na talk about sort of what's uh, what's going on and uh and cover all the all the hot talk, all the hot talk stock talk of uh of the freaking day. So uh we're just gon na wait for some people to roll and we'll give it a couple minutes here say hi to you guys appreciate you all tuning in trace ammar, mr simon, how you doing alfonso what's up bondi, i i cleared that up. Don't you worry? Don't you worry, are you doing daniel zeke? Oh man, the only massive update we got was trey's dwayne, i'm loving this. This is some funny that makes me chuckle.

That makes me chuckle pretty good. How you doing joe nah david grant play kevin. Brandon, hey martindale, david drop, some gorillas in the chat drop where you're from in the chat. It's good to see everybody here.

As always, it's a pleasure. It's a blast. Where are my super chats builder not on they haven't been on for quite a while they've been on for quite a while, don't sweat it though dude i uh. I just hang out with you guys for fun.

We take clips from the live streams we put up on the channel. That's that's basically it man, that's really it happy birthday to you drop a happy birthday for for uh for punk punk, ass, dad happy birthday to you, man. I hope you're chilling. Oh baby, trey on dt, adam amc, nice there we go all right all right, all right.

We got a couple people in here right now. So, let's uh, let's talk about what's uh, what's going on with our girl amy, because amy is doing the dirty nasty disgusting, filthy uh, and i can actually say this by the way george debia y'all know what this is this pattern right here? Well, let me let me walk it through here, real quick and we're going to talk about the the super important stuff. A george w is perhaps the most incredibly uh incredibly accurate pattern that you'll ever see in any sort of stock. Let me draw this up for you really quick here.

Stock. Does something like this? Oh w bottom bottom up, neckline break whoo good stuff, and you do have that right here with uh with amc. Let me change this to an hour. You'll see it's a little bit! Smoother, this is a george w, with the neckline being this right here at 18.67 cents.

You can see it rejected off that earlier in the day, so that is obviously going to be the hard point to crack the tough level to crack. But if you do get a a crack over that, you really could be looking at about 20 or so as the next level that amc comes to reclaim, and this is coming off of uh. This upside level of support right we're starting a little bit of a bullish momentum back and uh approaching a pretty solid, perhaps reversal we're not quite there yet right. I'd like to see a couple more days of continuation overall trend would obviously be sick.

Looks like i didn't do that very well all right hold up. Let me draw this better. That was not. That was not a great drawing that was not a great drawing.

I can. I can see where you're coming from check it out. This is a george. W bam neckline w, that's what i meant to draw that makes more sense, but nonetheless none the less that's what we got to rock with emc right now.

So the next level is 20 bucks. We did get a break out of this red box right here, red box uh, representing a supply zone, a supply zone in case you do not know, is just a point of consolidation in which you typically see. Selling pressure and a knife through a supply zone is very bullish. You can see this on the five-minute chart.

You can see it kind of wild around here. A lot a lot, a lot of water when i finally got that break out of the supply zone, massive candles came to follow and that just shows you how important that significant uh that price action right there is, which we did in fact get a break over. So that is good to see uh very jacked about that that's good! The chat is nuts. Today you guys are really cracking me up.

I'm loving this, i'm loving this. Thank you guys, thanks to everybody that i like today's gon na be a wild day. I can already tell pointed you guys are such goofballs. I love it dude.

I love it after hours rip today or tomorrow, all-time high next week. Well, i don't know about that. Nino we'll have to wait and see, but there is things that we can't talk about. That are significant, so, let's start off here with uh with that today check this out ortex had a interesting update.

We did this. We discussed this yesterday in terms of uh. What this kind of looks like this is a glitch if this is real and it does actually seem that it was real because you had another data point follow up today to sort of back it. So i'm going to show you guys really quick.

Two key data points: first, one is this in case you weren't in the live stream. Yesterday, let me just go over this really quick or uh reports you about 85 of the exchange reported data, which means that, based off of that anything that was self-reported, anything that was given to finra is here on vortex. So i take it with a great assault. Right, you're not obligated as a short to report all of your short position, all of your lending habits whatever, but we did see a huge spike in security lending volume of 69.97 million shares, far greater than anything that we've ever really seen before.

Right, you can come back here to back when it's hit 72 bucks, we got down uh 43.22 million total shares landed uh the day two days after that, right, two days after 72 bucks a lot of shares got lent down. You can only imagine the reasoning for that likely because uh, you saw some form of shorting trying to take place where shorts were trying to take advantage of the huge momentum and make some money on the downside right. Whatever that did happen here, you get basically one and a half times that almost 70 million shares were lent out, and this is followed up by a nice piece of data. Today, 100 utilization, which is a 22.2 percent increase from a week ago of 81.82, as you can see on the top of the screen right here, i'm gon na show you what this looks like on a graph hulk, dick massive, massive, massive, massive move and utilization.

That is great to see this is. This is really truly a sign that hey we're getting back into checking boxes that get us closer to lots of pressure on short positions, because what comes next right? Well, there's not a lot of uh shares available to lend to borrow that's what 100 utilization means. Let me draw this out in the easiest way that i possibly can for you uh, so that you can, you can see it. You know clears day, here's a pie right and if 100 of this pie, 100 is equal to uh, all lendable shares all lendable shares and you only have eighty percent of those landable shares mapped out.

So here's 20 right here - let's just say the rest of this - is 80 80 of that is lent out. Well, there's still 20 of those total lendable shares available, which means there's not a crunch in terms of uh supply. Right, there's still probably demand, but if there's supply, it's not really going to affect the way that things get priced, especially for it cost to borrow, which is just that annualized interest rate for holding on to a lent out piece of stock. Well, you change that picture.

Real quick, if 100 of all endable shares, are actually out right. 100 of these lendable shares are out. What does that mean? Well, unless you're creating shares that aren't supposed to exist and you lend those out or you re-hypothecate shares, meaning that you borrow them after you borrowed them. It creates this big web.

Essentially of oh, we kind of have this big circle. Jerk of borrowing - that's happening 100 of these being left out, means that there's no supply available if there's no supply and there's even a little bit of demand right. That is basic economics. That's where uh banks, institutions, anybody who lends out shares is going to crank up interest rates costs to borrow rates, which is the next thing i'm personally watching for so you can see the cost of bar right now.

Is that one point three percent one point: eight one percent maximum and point five one percent minimum, so that is going to be the next metric. If you have a high cost to borrow that puts pressure on anybody who is holding any length out shares to return those shares, that's the point of a cost of borrowers, saying hey look! These are valuable. These are valuable shares and there's more risk associated with what you're holding right now, because we don't have extra for you to borrow. So what you have is what you have we're gon na crank that interest rate we don't have a lot of supply.

We can see. There's a lot of demand make your choice right! Do what you got to do, that's what you're, seeing as the next box to check. So, if you're checking out boxes, we've got great short interest right. According to 85 percent of the exchange reported data you're, looking at 21.2 percent uh, which is down a little bit from yesterday, we're at 21.79 uh up today, it's up about 1.15 percent, but nonetheless, it's basically all-time highs.

Unless this is true, in which case it was actually 48, but i digress. I've talked about that before we can talk about it again at some point, if you would like to do so, but that's one box of check right, good short interest, nexus, utilizations cranked 100. Next, after that is a high cost to borrow, which i'm assuming will come with utilization in the high short interest and then followed by that you want increased, buying pressure, which you are starting to get right. This update today, followed by yesterday uh two straight days of increasing volume today.

So far we have 58 million shares of volume. Yesterday was 51 million shares of volume, that's starting to increase if you see that continue until it eventually tests out this trend line right here. This descending level of resistance, this white trend line uh. You can actually see a break of that.

We'll see i mean it's, we don't know yet, but this is a massive falling wedge in which we could see a nice move off of if it continues the momentum that it has right now. So that's beautiful my friends, i mean we're at 18.48 cents we're up. 12 and a half percent on the day, some decent, looking boom boom candles. Man drop them down below in the freaking chat, because it is a day i'm happy about that.

That's sort of what's happening with the utilization piece uh. It does not appear to be a glitch, and i can show you that just so uh you see it in case there are those who would like to see to believe i've got vortex pulled up right here, check it out. Amc and gamestop short interest utilization update utilization of both gamestop and amc hits 100, as security lending activity is increasing. This is the metric that we just went over right.

You can come back to this. We talked about it in yesterday's live stream. We show you that security lending volume huge massive uptick, 70 million total shares, which you can only presume uh, was a piece of that utilization pie that we were talking about earlier. Security lending activity is increasing, the cost of borrow is increasing rapidly, especially in gamestop.

Amc is coming up. 11 game, stop up five. So that's what we've got right here, my friends, it doesn't appear to be a glitch. It appears to be pretty legit, i'm digging it i'm happy with it.

That's not bad at all. So let's get some golf claps in the chat, golf claps baby, always golf claps golf claps. Every day, every freaking day it's a beautiful day to see a piece of information like that, especially followed up by uh a couple solid days of price action. I mean this is a nice nice little break.

It seems that this 15 bottom could perhaps be uh close to that bottom, 1340. Truly being the low here, but uh it's finding upside. It's finding strength, it's especially finding a weakening and selling pressure, and these are the things that you really love, seeing so alex eating canes later dude, i just had canes that's wild. Look at this canes, it's their sauce that doesn't man it's their sauce.

When we break that trend line, this thing is going to rip faces off dude, you don't even know that is a massive massive massive trend line. If you see a break over this trend line right, let's just say that it happens tomorrow. If it were to happen tomorrow, that would mean a break over 22 44. You could see some pretty massive moves, especially if the volume follows through on it.

So that's what i'm watching for. Personally, you see that you're looking at some pretty tasty decent lemon pepper, candies baby. You already know no subway, maybe later today i've been switching it up. I've been switching it up.

What can i say? We got some raisin canes today. Uh yesterday i think i had wendy's the whiskey, bourbon bacon burger. That's a mouthful say that five times fast you'll definitely be stuttering. Are you raising canes? Obviously yeah baby? You don't know what keynes is oh uh to be fair.

I didn't have raisin canes until after i graduated high school, so we live in a matrix. A million percent dude raising kane slaps. It's decent. Are we playing some fast uh travis travis white? I play uh phasmophobia every single night on twitch.

I usually hop on sometime between seven o'clock and eight o'clock p.m: central standard time, which is eight or nine eastern. If you'd like to hop on, then i am always there uh there's a link to twitch down below, but that's the that's the chance. If you want to play my friend, no diet, coke, i will be getting a diet coke. I will be.

I got a late start to the day today because i uh i was up pretty late last night, so we're putting down an orange creamsicle rain or orange dreamsicle. I should say uh for now, but that's the update on amc. First big piece uh. We can continue to talk about that, we'll dig into some more of it, but first i think this is actually pretty fascinating.

This is tied into uh some of the work that the sec has supposedly been working on. Uh so check this out. This tweet's coming from dave, lauer uh talking about the sec open meeting today, i'm gon na read this off to you dave lauer in case you do not know uh most people know who he is, but i'm always going to assume. There's somebody new in the community trying to get you up to pace if uh, if you'd like to know dave lauer, is a previous employee of citadel citadel securities, the real ones right, the big, bad wolf, the big bad villain, whatever he used to work for citadel.

Eventually left his job because he didn't like the practices that they they had kept right. He felt it was constantly a competition of trying to prove how big your wiener is to the guy. Next to you, he didn't like some of the uh, what felt like riding the line of legalities, so he moved on his merry way and has transitioned into trying to fight for better market structure, better market transparency and better market competition through something that he's developing called The uh, the urban terminal, so that's pretty sick i'll dive into that more at some point, i'm sure we're gon na have him back on the channel. He's talked twice before, but he spoke today on this at the sec gov open meeting today, a new rule has been proposed to shorten the settlement cycle from t plus 2 to t plus 1 by march 31st 2024.

What is this settlement cycle right? You see this to shorten the settlement cycle from t plus two to t plus one well, if you want to think about settlement settlement in and of itself, just simply means how long it takes for a transaction to be cleared on both ends of a party. So if we have a t, plus two settlement system, t plus two meaning t uh, plus two days time, plus two days, uh in parentheses, i'll have days here, what is it proposing or what the sec is proposing is that they get rid of one date. So it turned into a t plus one settlement cycle, and what does this do right? What would it what would happen if you, if you tr, changed a t plus two to a t, plus one uh, for something such as, for example, short selling, right? Let's say that that that we change from a t plus two to t plus one, you would have a one day, settlement time, difference in terms of data availability to you, it's more transparent, there's more opportunity to keep track of what's happening on a faster sort of Time scale in the same way that a lot of institutions and market makers and banks are able to get access to information for right. So with that being said, we continue on dave, lauer's tweet.

They want that done by march 31st. 2024. I know there's going to be a lot of people, and i feel this believe me that are like 2024. What the heck is this? Why not like tomorrow? Why not at the end of 2022? Why not maybe like 2023 anytime, besides yeah, i get it, i get it for sure uh, but we all know what what the sec is.

We all know what any of these major parties these large uh entities are. It's it's a political dance. These guys have to find a way to first off, make sure they're doing it right. Second, off not piss people off within their own inner circle and, thirdly, jump through many many legality hoops that are tied along with anything.

That's that's political and yes, the sec is supposed to be bipartisan. They're not supposed to lean left they're, not supposed to lean right, but we all know how the game works right. It really doesn't work that way. So with that being said, uh, hopefully by march 31 2024 - they want that to happen.

This will give the industry two years to implement once the comment period has ended. So that's what uh what they talked about today. It's actually some pretty decently big news. I'm excited to see that we'll see what what uh follows there.

I would more so like to see them take on payment for order flow, and i think they are eventually going to. But this is a sign at the very least that there is talks happening and for the time being there are people uh. You know talking about these sort of things, so it's good to see heard a legend that trey is totes hung. Who knows those are the big two pieces of news that uh that i found to be interesting out right now so far, so there we go midwesterners yeah man, i uh.

I miss minnesota at times for sure the nice thing about minnesota was uh the summer times at the lake. I remember i would go uh we'd, just go to the lake me and my old man. We'd go fishing we'd we'd bring a case of beer out. We'd we'd uh bring a couple a couple: cans and uh just have a good time.

There was also a guy. His name was bart. He was a buddy of my dad's buddy of my brothers who lived at the house at the time when i was growing up in minnesota and we would go ice fishing in the winter uh, which was also a good time but too cold. It's too cold.

You got ta get a heater in a in a freaking uh ice house. Ready for breakout. It is it's close. 1872 is the level to watch for my friends 1872, this white line right or 1860.

I should say 1860 that white line is uh. The most important, i would say, uh measure that you're watching for we're currently trading about 18 and 42 cents, as it sits right now. How many people do we have from minnesota in the chat? I'm actually pretty interested to see that i'll catch you some muskie, oh yeah, i've had it. We actually have uh we've caught that back in the day that i sound like like an old man saying back in the day, but it's true 18 43 right now uh.

This white line, it's ryan, a pretty nice upside level of support as well. So if you're watching this on a day to day sort of time frame - you're - just i don't know - maybe maybe you just enjoy it you're - enjoying the price action. This is a good sign. It's it's maintaining a lot of strength, uh.

It looks like it's gon na wedge out to the top of that uh 1860 line and a break over that. Like i mentioned, you really are watching for uh, perhaps that 20 mark. So that's what we're watching for next. Maybe you see a little bit of kickback right here in about 1915 or so, but it's a good day minnesota minnesota minnesota st paul minnesota dude.

I love that all right, so so here's a question to the people from minnesota. When i talk, does it sound like i'm from minnesota, because i don't hear an accent, i think there's some people where i grew up that uh, oh brainerd, that's where my uh, my sister used to live there. That's wild she's, gon na move to colorado. She right now she goes to uh mankato yeah, pretty chill, but uh.

There's a lot of people that i grew up around in minnesota. Who actually have an accent. I never thought i had one really to be honest: hey how you doing uh shane's mom nancy mannock good, to hear from you, my friend, good, to hear if you'd like to get a cabin sometime, hey taylor, if i'm ever in the area, germany, no yeah! No, no san, diego chicago no accident, see that's what i'm talking about. Whenever anytime, i would go to work.

My my boss would always be like oh yeah, it's so silly. It cracks me up lamp. How are you doing rip me kevin quit his channel. Let's talk about that huh i saw this.

I see this floating around. He didn't quit. He didn't quit, he's still gon na make videos. What he did do, though, is he decided he's not gon na live stream anymore uh, i'm not gon na watch.

This the whole way through with you guys right now, i have seen it but meet kevin, made a decision to stop live streaming for the foreseeable future, and his reasoning was in case you haven't kept up with me kevin you don't know who he is. He he's he's basically made a very large bet. He's bet on the fact that the market over the next couple months up to a year even, is going to have a lot of downside. He believes that uh, a recession could last as long as until the end of 2022.

It's possible. I don't know, i'm just i'm just telling you what he's he's stated before uh and because of that he sold off 95 of his stock holdings. Uh people didn't take kindly to it, because he and his courses has stated things like buy the dip. Buy the dip buy the dip.

Whatever uh he's screamed it for a long time and uh. He came up publicly and stated. I am going to be liquidating out of 95 of my core holdings and waiting to re-buy back at a lower bottom. Now.

This is my opinion on him on the matter right uh. He has the right to to to stop live stream. If he wants to do that in the same way that the people who watch him have the right to not agree with and not like his stance and what he did right, i believe that that freedom of speech, especially in a situation like this, allows you to Say whatever you want right, but freedom of speech is not freedom of repercussion. That's an entirely different ball game here right.

He has the right to say whatever he wants. He can do whatever he wants right as long as it doesn't impede anybody's uh anybody else's life. I think that's okay, but in the same way his audience the people who view him have a right to feel any sort of way. It's a repercussion right.

Every action has a reaction or a consequence. Uh consequences can be good, they can be bad and in this case people didn't take kylie to it and they told him that you know uh. I think personally, i'm not up in arms about it. It was his choice.

I think he could have been a little more honest uh with with uh what he did. I think he could have probably given it a little more time, a little more thought, but at the end of the day it was his call. You know he did what he did uh and i still respect kevin. I really do, i think, he's a really really incredibly intelligent guy.

I just wouldn't have done what he did. I don't think that was the move uh from both the financial perspective and for the channel. I it just he got what he got you know. Free speech does not mean free repercussions, so it is what it is.

It is what it is we're just gon na ignore the the birdman i talked on it. You want to check it out i'll show you ready for this all right. I i can see i can see there are far more people in chat than there typically are way more there's, not typically this many people that are there that are hopped into a live stream, and i can only imagine it's because of the massive controversy surrounding uh Trey's trades name right now, if you want to a blast on on the situation, that's your video! You caught me on my trey collins account. I put it there because this doesn't feel like a video meant for trace trades account.

So if you want to check it out, if you know you know, if you don't know, you don't know, that's the spot. That's where you're gon na get your answers. Oh man, that's some funny stuff. Ah, amc sent about 18.29 right now.

What you're looking at is five minute candles. I look at the five minutes and the 15 uh when we're chilling, because i don't think the one minute candles are worth stressing about. You know one minute candles for me: uh you'll see those back up and running when uh when basically we're in some pretty nice waters. You know up 11 of the day is pretty solid, but we're not quite there.

Yet trey is not this guy's real name says widow puppy i mean my name is tremaine, which is you know, trey's a nickname up, so i guess you're correct, but uh i mean i might i don't know what what do you want me to do on my Social security number or what dwayne johnson show us dwayne all right all right. This is dwayne. He makes a great desk ornament. It is entertaining.

I find it humorous life's too short to to to to give a about silly stuff, and i think it's funny it was actually a gag gift. I got it as a as a gag gift from a guy who uh who i'm friends with it's pretty funny. I got a kick out of it and everything in that video is true everything i said. I meant when i said it: oh man, emotional, damn! Oh man, that's funny as hell.

That's some good stuff, just the last four digits! That's funny! Oh man. What is the world cup? Oh man, crim, it was crimp quinn made me do it, i don't know, i don't know what to tell you guys come chamber. He came to my front door and he said trey, you better. Take this.

You better take this or i'm gon na go on. I'm gon na go on cbbc and i'm gon na i'm gon na we're gon na get big fat clapping from ken jamer. You know what you don't want: a big fat clapping from crim chamber. So do it! You better take this.

Oh the emotional damage is unreal. You're spot on the money, you're spot on the money or text check yeah. We went over it before i'll. Give you a brief uh look into what that was.

I didn't change, i'm just guessing that you hopped in you weren't here earlier in the day uh, but the two big things on the day is that utilization is now maxed out. This has been verified as true by ortex unless they were given the incorrect information and security lending volume was very high. In the previous couple days you can see on february 7th, which was two days ago. We had 69.97 million total shares that were lent via the security lending volume indicator here on ortex.

So that's uh. It's pretty solid. I mean that's a good thing. That's that's two boxes for me that we're checking right, high interest, high short interest check utilization check next.

That you're watching for is the cost to borrow cost of borrow, starts going up, you're, looking pretty good. The free float on the loan is also very close to the estimated short interest and, typically when these two indicators are close, there's not a large gap uh, i find them to be a little more accurate but, like i said before, like i've always mentioned, take this With a grain of salt or text data, because it is based off of an incomplete system, an imperfect system which uh that lets you essentially uh just take an estimated guess, an educated guess at what's actually happening. There's no good excuse for keeping a gag gift like that none says, troy dean. Ah troy sounds like i don't have much of a sense of humor.

I don't know what to tell you. I mean i think it's funny. I i just don't take myself that serious bro, i'm chilling guys to the the five thousand of you watching right now. I appreciate you tuning in taking the time to hang out.

If you wouldn't mind doing me, one favor, there's no uh this is it it's the one thing i'm gon na ask you just drop a like on this live stream. It does help me out uh. If you do, i i will. I will gladly uh give you a golf clap golf clap for the amazing work that that takes, and we appreciate you much love my my friends.

Thank you very much. If anybody else gets any news, any tweets anything that comes out you feel free to. Let me know so: we can chat about it uh, but that's how that's how we're sitting on the day earlier in the day, gamestop was sitting pretty good too i'll cover this just for those in here who are uh. Who are looking at that as well game.

Stop up 4.43 percent on the day right now, riding a pretty decent upside level of support. Well, uh, we'll color that white! You can see this kind of blends with previous price action as well from yesterday, so that's kind of what you got rocking at the uh current moment. To be frank, a little bit of a uh, a rising wedge, which typically indicates you'll, see some form of a pullback in the near future. But i would bet you money that if we look at amc, it's a pretty similar sort of setup.

Let's find out here. Try and connect, as many dots as we can could be, could be a rising wedge. We'll see it kind of appears that way at first glance, but time will tell if you do get some form of a pullback. I think a really bullish scenario would be a bounce off of this red box right here about 1744, so nah george, i'm chilling.

I'm chilling trust me, i'm straight chilling. When do we expect to trey's dwayne johnson profile, it's already existing it. Alright, it's already out there. My friends look: no further! Look! No further quick, take on disney going into earnings.

Technical i'll spend a brief amount of time on this, just for uh for clarification, i'm not playing disney for the time being uh but heading into earnings. If you look at this on the one hour from a technical perspective, looks kind of bear flaggish to be completely blunt. That's a pretty picture-perfect bear flag. I wouldn't be surprised to see from a technical perspective right, not looking at earnings not expecting anything from earnings.

I don't know what earnings are going to look like for disney, but if this was to play purely technical uh, this is a setup where you'd expect to bounce back and forth until either a major breakup or a major breakdown with a bear flag. Typically, it's a it's a decent sized break down uh. This looks more like a put play personally, but you do what you got to do right. That's just my my uh, my bare knuckles uh glance at what disney looks like so take that for what it is.

As always, i'm not a fine advisor and never financial advice. Do what you got to do. I have no position in disney uh and i will not be taking a position in disney. I got the sniffles, let me get myself uh.

Oh, there is a tissue here. I thought i ran out: please do a crim jammer skit later tonight, crim jamers kids come out every friday, my friends. So if you want to see a crim jammer skit friday, you'll see one then my my dudes and dudettes it'll be soon. It will be soon.

Uh come back to amc, though that was the the outlook on disney on the very short term, coming back here to the uh 15 minute chart, that's what you got rocking nah, i'm not gon na i'm not gon na just sweat over the the the small candle Moves either we'll give it some time to do something and if it does we'll discuss it and what uh the next levels to watch for are, but as it sits right now, like i mentioned it's just that uh that 20 mark 20 would be huge. It's a big level, senpai dylan, how you doing man good to see you tissues are close. Yeah yeah! You already know you already know you got me again. You guys are so good at this.

It's crazy are those the gopros. Oh today might be the day. Oh, my god is today the day all right, chad, i'm a little nervous. I can't lie.

I can't lie, i think our gopros just came in the mail, so we might have to start the uh the seven day. Vaping detox, that's going to be gnarly. Can i explain what 100 utilization means for amc? Certainly, certainly i went over that briefly uh earlier in the stream, but i'm actually gon na i'll. This is gon na be a clipable moment, so clap for uh for editor when uh, when you're chilling and watching.

If you wan na check this out, let me know utilization all right, so what does utilization mean? Put very simply, utilization is a metric in which or ortex is giving you an idea of how many available shares there are to lend and how many of those are currently lent out. So if you want to have an idea of how many shares are available to have out on loan well, let's look at this 117 million total shares are currently on loan and you're looking at about 100 utilization, meaning that, for the time being, approximately 117 million shares Are available to go out on loan buy the books? So if you were to take that right, let's just say that uh shares on loan and utilization you've got you've got mapped out here. There's 117 million total shares on loan uh right here. Utilization judy is at 100 that means that this entire pie give or take a little bit as it's a day-to-day changing metric.

This whole pie is 117 ish million shares plus or minus some right and, if utilization's 100, it means that this entire pie of available shares to borrow is actually uh lent out. So it's all borrowed. That means that there's not a lot of supply. If there's not a lot of supply, what happens? Well? Typically, demand goes up.

So that's a pretty good thing to see. That's not a bad metric. It's uh! It's a sign that we are stepping in in the right direction. So it's good stuff.

Is it true that you beat up matt coors? I don't know what this is talking about, but no i've met him once in person. That's it. I don't know of any beef. What's this about you and jackson, hunter four o'clock hold up a sec, i'll ask about it.

I don't know lose here. Is he i don't know? I didn't see him interesting uh, i'm trying to find him. Is he here lamp and titan? Lamp is right here. Titan's chilling uh, i'm not sure where he is.

I think he's yeah he's just sitting on the couch. We've got a window by the by the couch and he likes to sit there so that he can uh he can lay in the sun. He enjoys it. He enjoys it interesting.

What the heck is this dear trey, i don't know what that's about beats me all right, where's, subway cup subway cup is uh. Currently in the trash. I don't know we'll get another one, i'm not seeing him. Is he here i'm trying to scroll up and find this? Oh i'm probably just blind.

I don't know, oh, he is look at that. Well, how are you doing man? I'm glad, i'm glad you got a kick. I'm glad you got a kick out of out of duane, that's funny stuff, that's funny stuff! Chad is moving kind of fast. Let me uh, let me pull up the actual chat bar real quick and i could try to slow it down slow mode.

There we go. We uh we enabled slow mode so hopefully that uh that slows things down, so you guys can read a little a little easier yeah. I'm not sure this is about. I don't really know.

Uh beats me. I like how i use my bald picture. That's good beautiful work of art currently sitting at 1806, there's actually an interesting topic that i'd like to uh to discuss here in terms of what's happening with the the broad market and amc, something i don't think it's talked about uh very frequently. So i want to show you this iwm.

This is an etf, it's the the russell 2000 and amc makes up a decently large chunk of uh this etf, which is by the way sitting at a 51.72 percent. Current short interest of free float, uh decently high metric. It's it's up there i mean the highest it's been besides. This is 55 back in april 20th of 2021, which is uh.

That's that's pretty high right and it's been a parabolic move up from 22, all the way up to 51.. So with that being said, there's a lot of shorting taking place across small mid cap companies and amc, obviously being one of them. It doesn't seem to uh to be affecting the way that it trades, which to me, is really indicative of the weakening and selling pressure. Where we have reached sort of that that uh, that pendulum swinging point of uh turnaround right we're pretty close to what i would imagine is the bottom just based on that weakening in uh and selling pressure and that slight upside level of support.

So i'm digging that. That's that that's good then, like i said looking at lwm, which shows you how heavily these stocks have been shorted is uh is just proof further that hey, you know, amc's got some decent strength and if you were to come over here to iwm and kind of Compare the two: what do you see the same thing right triple bottom here on this starting to get a slight upside? In fact, this is an inverse head and shoulders head shoulder shoulder here: neckline starting to come back up, potentially for a break of that uh, which is solid, dear trey, what's uh, what's going on now, i'm not oh man. I haven't seen any of your messages dude, but if you're, if you're here i don't know, that's entertaining it's a good bid, is there a vid out right now all right hold up? Oh, i didn't pull one up. I thought he did beats me dear trey.

Every time, oh whatever i don't know, i'm not stressing over it all right. I'm gon na use the the bathroom real, quick guys. I got ta take a quick leaky wiki, but i'll be back uh and while i'm gone, i'm gon na play uh a song for you in case you like to to hear it. I actually like this one more, but it won't be long.

I won't be long i'll, be right back guys, uh shouldn't. Take me too terribly long. Just gon na take a piss and uh we'll be back in the back of the seat. Hold up a sec go over to wavelink.

There we go. I will be right back play a part. Oh vampire play a part. That was pretty good timing.

I think i just ended beautiful brutal song fantastically brutal. Well, i do a live stream with lou. I i don't think he's the type of guy that likes to collab. I think he just does his own thing.

To be honest, i'm not opposed, though i'm always i'm always game for open dialogue. You know, no, i'm not de-whacking duane come on these jokes dude. I love it. You know you got ta, be able to take it.

If you dish it, that's what it comes down to right, if you can't, if you can't take it, don't dish it. These are the story, bring it more. In fact, i want five minutes of this five minutes of ripping the tray. Please.

I laugh at this stuff. This cracks me up. I love it. Oh yeah, i'm gon na be streaming during market hours for uh the majority of uh the foreseeable future.

I mean honestly, my game plan is this: when i'm full time what an ideal trade day is going to look like as i stream on youtube for a couple hours, a couple hours right, one hour and a half two hours, two and a half hours or so I'll be on my discord: uh for about a half hour a day hour a day and i'll be twitch uh streaming on twitch, and then we make uh clips of that. You know whatever valuable information is there because it allows me to do two things. You know uh you're able to to connect with people, and i love connecting with you guys it's a blast. You know i enjoy it quite a bit uh.

It allows you to keep up in terms of what's happening with uh the community, which i think is also important. It's good. It's good to have a pulse on what you guys are thinking what you guys are feeling what's being talked about, so we can discuss it. Uh look into it and uh see what's happening so uh gamestop, they have a nice little boom boom candle.

There, nice green candle, it's up uh. It came with volume. Two pull back here, a little bit. If you look at the one minute, uh definitely reject off.

124, but that's a nice little move, that's a good move on the on gamestop. There today levels to watch for with gamestop in case you're, curious uh. Next one for me would likely be this little box right here. I think you're gon na see perhaps some hesitation uh some choppiness in this box between 127 and about 129.

If that's what you're? Looking for uh, that's a ways up: that's if it continues this momentum, but if it does continue that momentum, there's really not a lot of chop except for uh right here. You know: that's the next level of uh, perhaps hesitation. If it holds this breakout that it's trying to get right now above this line, which is cool, donut review - oh, i don't have any donuts right now, but we can do a pop-tart. We do a pop-tart review.

Trey! You see my impression of you. I have two tray impressions on my channel i haven't. Should i see this my compressions and reviews? This will probably be good all right this. I don't know if i'm seeing it, but that's cool dude, your mustache look like a cop, the leprechaun.

I don't know what to tell you laddie, i am. I am irish. After all, that was pretty good. That was pretty good.

That was pretty good. I dig it calls it a gag gift - pun intended always intended baby. Always always you already know. Ah, when you leave the military, can we get a strain review? I'm not i'm not able to discuss that right.

Now. Time will tell who knows, check the luvid all right i'll, give you a reaction, fair enough. I've already seen it, but we can watch it together. It's kind of colorful if you need to file one or more state tax returns, you need to visit tonight.

What's going on, i love how i love, how he's just laughing the whole time? If you have any kids in the room, you better, you better tell them to get away for this one okay! So today, i'm busy out there in the universe and there's a certain youtuber trey. That's me apparently was on some type of a chat or something talking. A lot of stupid about moira all right, let me make a clarity by the way it was an impersonation, not talking it was an impersonation. I like doing those things, because uh he's just got a unique way of talking.

Man like when i watch his stuff. I just kind of chuckle because of the way that he talks, that's what it was so uh, i'm chilling it's straight, so i don't even know this is going on. This is what i'm hearing and all of a sudden in the background, there's something there. This big evil, black and nefarious, and let me tell you something dawg if that big rubber monster is in your life.

You got other problems in my background, it's right my apartment or universe. That looks like that. Don't know where you found the love of something big black and rubber like that, but let me tell you something the photos going around and since you decided to i don't know, talk about me after i wish you good health. All i could tell you i promised you, it was not talking it's literally just an impersonation big black dicks in your ass, i'm happy.

So your vision problem. Let me tell you something: that's because you got that big rubber monster on your face. I never thought of it like that, but he could be right. That's what this scar is from too whoa, damn dude, it all makes sense.

Now it all makes sense. I've been trying to figure out why i'm blind for months and the old time it was because of you, that's so funny i was imitating my message to charles payne stay away from that because he's looking at you, no all right! That's pretty funny! I got a kick out of that. Who is the monster like that in the room he's like no, not for nothing? Where did you get? Where did you get the love for the african culture to that level because dude that's a true belief on time, because you know so much with that's funny as hell yeah, it was a good chuckle. I i was laughing the whole time.

I watched this. I was actually twitch streaming last night and a couple people in chat were like bro you're, getting lit up on twitter, and i was thinking to myself no what'd. I do. I must have slipped up, i must have, i must have slipped, i must have slipped up and uh sure is.

This is uh. This is what i watched it put a smile on my face man. That was a good chuckle. I think.

Sometimes all people need is a good laugh and if i can be a laughing stock and it puts a smile on people's face and so be it that's a sacrifice. I'm willing to make amc by the way sent on 1847 coming up to test out this white line level of resistance right here at about 18 and 60 cents on the day uh, if you're zooming out. What we have here for an overall technical pattern is a rising wedge rising wedges. Typically, you could see some form of a rejection which will bring you back down.

There's a couple different ways: you can measure what that would look like uh personally, i'm gon na be watching for if that is the case, this red box, which is a now acting as demand zone. So i'm gon na change the color to green, because that is going to give us a nice bounce in an ideal world, otherwise you're looking at fibs right, you can see this fib right here came down to 23.6. You got a bounce off of that fibonacci retracement, but just an idea of uh how much percentage you're giving back from the base to the peak of a run-up uh and a 23 retracement would be a pretty solid one. So if it rejects off of this 1860, those are the points that i'm personally going to be watching for so uh, not bad, not bad.

Ah, i'm chilling guys. I think it's hilarious. It's hilarious! You got ta, be able to laugh at yourself. You know you got ta be able to laugh at yourself like that is that is like when i saw that literally my first gut reaction was just a i was laying on the ground laughing.

It was laying on the ground. I was like yes, yes, yes, this is so funny. I loved it dude. I just cracked me up that was so funny.

Oh man, the real dwayne, the johnson, oh man, trey heart problem. He keeps drinking coke and smoking tray eye problem any keep in the computer. Without glasses yeah, i know i know i know i know i'm starting, i think today i can ask alpaca alpaca today, all right, i guess today's the day, today's the day in which we uh we, we quit vaping gnarly. Once we set everything up, i'm tossing it out it's getting tossed in terms of uh, the food and the coke.

I don't think i'll ever give up that coke. I got ta be honest with you, but i used to eat like uh to a tea healthy. It was nuts, so back back when i was running in college uh and post college, i would know exactly how many calories i was gon na eat for the day. I know the macros of those calories.

I would know what the food was going to be for every specific meal, and i was built that way for four or five years and honestly, it led to me having a pretty bad eating disorder. I was scrawny. I was really really small, not because i wanted to be thin, but because being thin meant better performance for running. So i was always obsessed with how much i weighed and what i ate so while my diet is worse now than it was back then by far by far i eat like dog, i won't deny that you know mentally, i feel very, very healthy.

I never think about food i used to obsess over food. I don't think about how much i weigh i don't obsess over that anymore. I i used to think about meals for the next week. I would look forward to just those meals just eating.

That's all. I think about every single day so to be away from that and just eat when i'm hungry enjoy the food is a game changer. You know maybe someday i'll i'll get back to eating healthier stuff, but i feel so much more mentally healthy than that. I did even two years ago, you know two years ago, trey was five: six percent body fat, nine months of the year uh and that's really tough man.

I mean i don't have to sweat about food, so it's gon na be brutal. It was brutal. I had a 3 500 calories when i was training, says chris yeah, when i was training pretty hard. You know it was between four and five thousand calories back in the day uh.

I would run somewhere between 80 miles on the low end a week to 115 120 on the high end for a week, and you eat a lot of calories for that. If you assume that you burn 80 calories per mile, that you run uh, that's a lot of calories, you know, and then you have to take into consideration your muscle mass, which burns extra calories, uh you're, trying to recover muscle tissue you're, trying to regenerate cells uh That burns calories basically anytime, that your body is trying to repair itself. You burn additional calories, so i only between four and five thousand calories a day, most uh most days and it's i feel you man, it's a chore, it's a chore for sure what amc calls are looking good uh. Well, all of them today.

All of these look pretty nice today, 215. 180. 175, 136, 100. 112..

The ivs on these are still pretty cracked. These are all really really juiced uh. So that's kind of ugly. But personally, if you're trying to play calls just don't play ridiculous ridiculous lottos with extreme amounts of money like if you're buying, if you're buying a call for 30 bucks, just because it's cheap five cents and you're dumping like 20, 30 40 50 of your port into That for this friday, that's lotto that really doesn't contribute anything.

You know there are times in which calls do contribute to price action, but it's not when they're 15 strikes out the money and they expire worthless. That doesn't make sense. Most of these are rug, pulls most of these expire with absolutely no worth right, uh what you're really hoping for right? Let's just look at an example here, there's 6 400 contracts for the 60 strike on friday february 11th. The reality is that every single person who bought this 60 strike contract you've got a 99.99 chance that those expire worthless you're buying stuff, like this you're just pissing money away.

I mean it's just the honest to god: truth if you're gon na buy stuff like that, you got ta really really give yourself. Some runway really really do because that's a lot of uh. It's a lot of price action. I mean you're banking on this.

Going up. 300 in three days, when you make that sort of bet and there's no way, you can predict that you can't predict that. How are you gon na know, you know so most of those contracts will expire worthless. That's really! The takeaway, with with uh, calls on amc that i think a lot of people uh just need to get drilled into their head.

You know don't waste money on stuff that that most likely will not happen on that time frame, and i mean 11 february there's really. That's a 0.1 0.01 percent chance that hits. Who knows, i don't know uh you just got ta, be smart right rule of thumb. If you, if you don't understand the mechanics of options, trading first steps.

First right learn it uh and i wouldn't touch them until you understand how it works. I mean just to be completely brutally honest. You want to keep your money. The goal is always to to keep as much of your money as you can so why? Why give it away? Why give it to market makers? That's the villain citadel virtue, they're, just collecting those premiums when you buy those contracts and expire worthless.

You just handed them freaking. 10. 20. 30.

000. If that's what you're doing it's uh? It's it's betting, green!.