Weekly outlook LIVE with Jackie featuring $GME — Jackie Le' Tits — Video Wiki
Chart Drops 📈 (6)
The Receipts 🧾
Full transcript (8,969 words) — every glorious word
0:15feeling [singing] whims [music] fantast [music] [singing] going to take it all. No rest [music] for y'all. The shorts better crawl. We're [singing] not standing on the sidelines. We're standing tall. Going to buy them all. [music] Oh, no more. We're the big guns [singing] of the market. No time for small. Riding [music] waves through the chaos. Never going to fall. Diamond in hand steady while the paper hands grow. [music] Looking wild, but we through it all. From the dips to the rips. Yeah, [music] we answer the call. Cash in the bank, buying calling on the throne. Transformation [singing] season. Watch the star get. It's [music] GameStop, earnings day. Turn the volume up. Hype is in the air. We're never going to stop. Mo dreams floating shorts about to pop. Diamond [singing] hands united. Let the rocket drop drop. GME [music] GME. Like the fuse today from the console to the moon. We're leading the way by holds. [music] That's the only place. Game stop burning day. [music] Let's [ __ ] go. [music] burn to the players. [music] Pixels on the screen from retro car tricks to the new machine. They laughed at the store said retail [music] is dead. But we built an army [singing] with memes in our head. [music] Heavy in the core sweating through his s while we stack more shares like it's absolute loot and roll [music] tonight after the bell rings loud volatility and coming join the roaring crowd [music] vibes with a fantastical twist with a reset reolution that Wall Street mission [music] fears we're locked down we're loaded together strong [music] the flow spin Know that GameStop earnings day. Turn the volume up. [music] Hype is in the air. [singing] We're never going to stop. Stop. All our streams floating shorts about to pop. Diamond [music] hands united. Let the rocket drop. GM [music] GME. Like the fuse today. From the console to the moon. [music] We're leading the way by whole DRS. That's the only [music] way. Game stop burning l. >> Let's [ __ ] go. [music] Stop burning. [music] All right, Titch Gang Warriors. The [music] market's BEEN COMPLETE DOG [ __ ] FOR way too long, but earnings are here and CME is about to explode. Let me [screaming] hear you scream for the moon. [screaming] >> [music] >> Months in the red portfolios
4:20bled. The whole [music] damn market's been complete dog [ __ ] [singing] Bears were howling. Shorts had the power but we [music] held the line. Hour after hour, waiting for the spark, the moment of truth. The earnings call dropping. Going to light the fuse. The bell is ringing. The volume's [screaming] insane. SHORT STARTING. Feel the power gain. [music] We're breaking free from the chains below. [screaming] Getting [music] a new high of the day. We're taking it all [music] away. New high [music] today. What do you say? [music] What do you say? G [music] NEW HIGH OF THE DAY. [music and singing] >> Yo yo yo, [music] screen's green. Let's get it lit. Get it. It's your boy Jackie. Tips. Swipe up. GME. Moon in quick quick tips. Never quit. [music] Tries on fire. Levels getting hit. Boos on splint. Pull up. Don't [music] you miss Jackie live. BRITAIN TO THE TIT. >> YEAH, LET'S TRADE, BABY. GO to the tits. Good evening everyone and welcome to what is surely about to be well probably 497th 62,000th best show, but it's going to be up there. It's going to be up there. This is going to be one of the best shows. So, when I say one of that's we're assuming top 500,000 of Hi. Uh, how is everybody this a? It's great to see you all here in the chat box, folks. It's the Sunday recap videos. We're so back. But tonight is going to be a little bit different because I have a lot on my mind. I got a lot of things to say. what I'm about to say tonight. Some people will mistake this as just me talking, and that's okay. [snorts] But for some of you, you're going to realize that tonight's show is actually a road map towards your success. Tonight's conversation, we are going to spend pretty much the entire time talking about this stock and we're going to take two different approaches for you guys. Tonight's show is going to be split into two different parts. One is going to be technical analysis and discussion on the chart as it pertains to what we see here. The second one. The second one. It's going to be a little bit closer, right? It's going to be a little bit closer to Well, no, actually, it's just going to be
8:35full tilt Jackie being a psycho. But I hope you don't miss Jackie being a psycho because tonight's show, we're actually going to start off with the conversation. All right, we're going to start off with the conversation. [snorts] Initially, when we started this, GameStop was a horrible, horrible stock and horrible company. Are they gone? Did all the people who don't care about important things that I have to say, are they gone? Okay, we can talk about technical analysis. Oh, thank God. I didn't actually want to go through that yet. I wasn't prepared. So, thank God. Okay, we [laughter] [sighs] So, if you're here for some technical analysis and some bip I'm I'm going to need you to fire in some bip bips into the chat box while we say thank you to Poopa Cabra and Harley's Love with the five giftedum five gifted, five gifted memberships, [ __ ] legends, and then we had peaks and valleys with the dead gifted memo show. And then we had Gaboo with the 20. He wants me to look at a stock. That's how he got suckered into doing that. And Mickey Dimes with the 10 maple bucks says bip. Boy, it's been a while, folks. It's been a while since Jackie brought back the old bip bip. It's starting to feel a lot like Christmas, right around October. And you just have to wait and see and put a little belief in me that GM will be free. That was a good one, right? That was pretty good. I want you to look at this thing from a technical perspective. And it doesn't take much. It doesn't take much. The Ballinger bands are my second favorite indicator in the whole [ __ ] world. The reason being is because you can just open this and you can just see, oh, we're inside the Ballinger bands. We're outside. Okay, if we're outside, it's going to come back in. If it's in, I got to watch the center line. Blah blah blah. Okay, that's all easy. Look at the monthly candle as it sits right now. >> [snorts] >> There is 18 hours and 15 minutes remaining for this candle to close on the monthly. It's going to close at the end of day tomorrow. Now, I have to explain the significance of this because I don't give a [
12:17__ ] about 17. I don't give a [ __ ] about no harmonic. I don't give a [ __ ] about this or that and skippy scooby hoppity hoopity hoopity loopla. I don't care. What I do care about is this particular indicator right here, which has a really, really, really, really, really, really solid reliability behind it with regards to the 95% of all price action cuz you can see it yourselves. Matter of fact, one of the things that you can see yourselves is no test of the lower band. No test, no test, no test, no test, no testy, no testy, no testy, no testy, no testy. What the [ __ ] Okay, so it looks like back over here before. What the [ __ ] [ __ ] balls. That's got to be crazy. Now, I know what you're thinking. I know what you're thinking, Jackie. The last time that it hit that lower Ballinger band and physically touched it, it went down for three more months. Oh my god. [clears throat] But did you know that we were also going absolutely disintegration mode because then we cut the dividend on GME and the business was literally hemorrhaging [ __ ] dollars every [ __ ] turn. It was a little bit of a different time back over there than it is over here. See, cuz over here the business has amassed a war chest of cash. We have the best Q1 in company history currently recorded and we have a Q2 coming up. Now, one of the questions that I have gotten asked consistently is when is GameStop earnings going to be? Well, the last one was just randomly announced, right? The last one was just sort of randomly announced and when it happened, we gap up 13% and then bye-bye. [ __ ] you. Now, the interesting thing that we have going for us right now is actually twofold. Number one, we haven't actually come out. We haven't had Ryan come out and say anything about the earnings when it was going to be same as last time. And number two, we're pretty limited on the last number of days that GameStop can report it. The very last day that GameStop is allowed to report its earnings, I believe, is Wednesday, not next week, but the following week. So, GameStop has to [
14:48__ ] report, man. It one to two. It's got to be within this window. And if GameStop doesn't announce when its earnings is going to be, you can expect a surprise one next, you know, whatever next next Tuesday or Wednesday. All I know is this. From a technical perspective, that monthly candle is about to close on GME where we are basically testing physically and almost closing outside of those Ballinger bands. That in and of itself is an unbelievable signal. Now, that does not mean that the next monthly candle couldn't open and then just splash us straight [ __ ] down. But we have certain things that we must consider such as the warrants with the warrants coming to a conclusion here towards the end of October and only giving us basically 2 months and the share price needs to be a lot closer to 32 than it does [ __ ] 10. Sorry. So, if that's the case, you would kind of think or maybe make some assumptions that perhaps we could see some movement [sighs] prior to that event taking place if we were to see some sort of move back towards 32, prior to the completion of those warrants. And of course, last week, you guys already know the story. Good grief. 70% in one day, 100% in two weeks. What the [ __ ] Now it's crawling its way back inside of those daily Ballinger bands, printing an inside bar. There's a lot of bullish things setting up on this stock, specifically with the Warrants because the Warrants, as we know, had the big harmonic completion with multiple touches of divergence. And I would really like to see it hit profit target number two and potentially soar beyond that. And it looks pretty good. It looks pretty strong. There's also a lot of [ __ ] volume that was behind that move. So somebody buying the warrants. Well, it sure feels like it, doesn't it? Especially when the IV barely budges with the market pretending to price in earnings. Good one, idiot. GME stock itself from that monthly perspective is already quite interesting. But where things start to get really, really, really, really interesting. It's actually the daily. Ever since that large gap down that took us to 18 and then took us towards the top side of 17, we have seen
17:49those Ballinger bands now collapse exceptionally exceptionally tight towards one another. Now, part of the problem that we currently have with what's happening on it now is we're below the center line and just failing to show any positivity or any strength in this move. That being said, right, the really, really, really, really, really positive thing that we have going on here is this lower daily Ballinger band is coming up very quickly towards the bottom side of that last little technical gap that we left all the way back over here. All the way back over here that we left. Now, with that lower Ballinger band coming near that, what you'll notice is that if we look at those Ballinger bands, hey, that's actually the lowest that the low Ballinger band has been since that big squeeze that we had in 2024. Now, what's also really interesting is the fact that you find yourself at the bottom of the monthly Ballinger band. something very very very very very [ __ ] similar to what we saw back before the great move of 2024. Now, I'm not trying to hype you up on some fractal silly willy [ __ ] right? You guys already know how I feel about that and you know we already kind of dug into the structures. You kind of already know about that. But from the monthly perspective paired with the daily and how these Ballinger bands, specifically the lower one, is now kind of like at this really really really really important area of support historically speaking because check this out, right? If I take a trend line and we draw it across kind of this this area, let's say Whoa. What the [ __ ] did you do that? Why? Why did you do that? That's not what I Okay, that's it's You're fine. Okay, we'll make it I don't know, pink. How about that? We'll make it bold. We'll turn off the Ballinger bands temporarily. Look at the importance of that area of support. Boy, does that ever seem really important. Hey, because that was actually the resistance that we were finding and the support that we were finding all prior to the great big squeeze that we saw in 2024. So, this area clearly is very important. And now you have not only the daily lower Ballinger band, but the
20:28monthly lower Ballinger band both find themselves right here. And if 95% of price action stays inside of those bands, there's a pretty good chance that it's going to try and seek a reversal. But again, I want to try and highlight this as clearly as I can. We are within that 35day window and that 35day window is crushing us. So the focus for us has been turned to the warrants because we have found that with those five touches of divergence, the harmonic completion, reaction and back test, we found an unbelievable move and we are now holding something that we bought low. We are seeking the continuation of this move and it looks great. Even though it had a bad day, quote, a bad day on Friday, it's just a technical retracement because look, you guys, we're outside of the daily Ballinger bands. Give it time to consolidate back inside and allow some of these supports to continue to rise higher and we could see this thing start to boogie closer and closer to the expiration of these warrants. And the number one thing that could potentially kickstart all of this could be some random earnings announcement that perhaps finally propels the stock into a little bit of continuation. But our goal is to continue to remain patient. Wait, what's that? Oh, wait. Don't rem Why? >> Well, but okay. Actually, what I'm hearing, what I'm hearing is that patience might might just be for [ __ ] at this stage. What did he say? This is the part of the show where I'm going to transition this into more of a adult conversation. And I want you to hear me loudly and clearly as we have this conversation. Point number one, I am not going to go out and just buy leaps and calls and whatever else because I think that the bottom is in. The reason I am saying at this stage, [ __ ] patience, is because I want to make myself clear here. I may not have been trading for as long as some of these other people. I may not know as much about the inner workings of the world. I may not even be as smart as some of these guys. In fact, I'm probably not. But I picked up on trading and learned a lot about markets and economics throughout
24:13the years. And I can confidently say, at least at this stage in my investing career, that there is nothing that I believe in more. Nor is there anything that I think presents as much of an opportunity as GameStop currently does. The reason I say that is because I see a vision that is being put forth by Ryan Cohen. That vision to me is showing a very clear path towards GameStop's willingness, and obviously this implies Ryan Cohen's willingness to pivot GameStop's business entirely away from what it's doing right now. The legacy business is great. It makes and generates income because of the decisions that the board and specifically Ryan have made and that's great. But the legacy business isn't going to deliver me a hundred bucks a share. The legacy business isn't going to deliver mess. The legacy business isn't going to deliver me a,000 bucks a share. That's just it's not a feasible world. And we know this because this [ __ ] business traded for 20ome [ __ ] years and can barely get over [ __ ] 25 bucks a share. So it doesn't take rocket science to figure that out. However, one of the things or a few of the things that we happen to know is that game GameStop and once again I I should probably just say Ryan Cohen RC has a very very clear plan and path going forward. He wants this to be a gigantic e-commerce powerhouse that takes over a huge portion of the shopping sector. He wants his hands in anything and everything. Now, even beyond that, should that not become, I'll say, a feasible plan in the immediate short-term future, there is also a clear and distinct path for Ryan Cohen and the board to continue to pursue the idea of a Birkshshire Hathway style holding company that buys these beaten down, rotten [ __ ] companies that are destroyed by management and turning them around and flipping them up and making a gigantic profit over a period. period of time. The problem is with the Birkshshire one is when you buy beaten down shitty companies, you can't just do the GameStop thing every time. It actually requires a few years worth of work. And Ryan Cohen isn't trying to do this in in [ __ ] 10 years. He's trying to do this in
26:57one. That's why he specifically chose eBay. He chose something that's already kind of expensive, but it's undervalued versus what it should be. That was the purpose of doing that. So, at this stage, there's a pretty clear path. And then I'll just speak for myself here, right? This company made me into something. I I I'm not even talking about Jackie Latitz. I'm not even talking about the Discord, the YouTube. I'm not talking about any of that. GameStop made me [ __ ] look at myself and wonder, is this really all that I want from life? I want to just be a carpenter making x number of dollars an hour so I can just barely survive. Like, is that what I want? And GameStop, it showed me a path. At the time, it was a [ __ ] ugly one, but it showed me a path. And I decided to run down that path. I decided to run down that journey and see, hey, is this is this something that I can make work? And GameStop changed my [ __ ] life. It made me work harder than I ever had. It made me use my brain more than I ever have. It made me figure out things that I otherwise would have chosen to ignore because it's too hard. And for the first time in my life, it really made me put myself out there and say, "Hey, you know what? Regardless of what I say or think, we're just going to live and die by the sword because I this is just who I am. And this stock changed me. It It really made me change who I was during that period of time because for the first time in my life, I saw something or someone that I believed in. And that was the cat. I'll be [ __ ] honest with you the same way that RC was honest with you. Okay? Hear me loudly and clearly. And the wife already knows this, so this ain't no [ __ ] shocker. Guys, I invested into GameStop because of the cat. I we didn't even have a [ __ ] GameStop. We had We had uh EB Games. I didn't know who Ryan Cohen was. I didn't have a [ __ ] clue. And to be quite honest with you, he just sounded like
29:18another [ __ ] billionaire doofus. I I invested in GameStop because of the cat. The cat was probably one of the coolest, most mellow [ __ ] that just kind of held the [ __ ] down. And I just loved his [ __ ] you know, in your face, you know, I don't give a [ __ ] what you got to [ __ ] say here. This is this is what I think and [ __ ] you. But he'd do it in such a nice way. Now, obviously, I don't do it in such a nice way like he does, but you get the idea. The cat is the guy that I believed in. And through the years, Ryan is the guy, not that the cat didn't, right? That's not what I'm saying. Ryan is a guy that showed me with his actions, not his words, his actions that he can do this and that he is a billionaire that actually is working for us. He didn't sell stock. He shut the [ __ ] up and worked every day until these earnings over here where we finally started to break even. This guy busted his [ __ ] nuts for us so that this was made possible. And now we're here and all I [ __ ] hear is people complaining about Ryan. And I'm investing because of him. I I want to make that really [ __ ] clear here tonight. I'm investing because of Ryan [ __ ] Cohen. This guy has proven every step of the way that he's fighting for us. And you might not see him throw a [ __ ] punch, dude. It's a figure of speech. Ryan is working hard to grow this business so that your idea of X number of share price and blah blah blah. It can get there. But the number one thing at this stage now is belief and conviction. I bought this stock back over here. Then it did this and I [ __ ] bought here and then I got absolutely [ __ ] cooked the whole goddamn way down. My cost basis was [ __ ] [ __ ] And I invested in this piece of [ __ ] when it was a literal piece of [ __ ] and I invested in someone who who who had to disappear.
31:56And again, I'm not throwing shade. I'm not blaming him whatsoever. I know why he left. So, it's no shade whatsoever. I'm just saying that I invested in someone and then he had to leave and we had no one to [ __ ] follow and believe in. We had [ __ ] we got left with [ __ ] Astro and Matt Kors for [ __ ] sakes, you know? So now I want to try and be your beacon of light. I want to try and be the [ __ ] confidence that maybe you lack right now. So hear me out. this stock to me it doesn't matter right if I take a cat-sized position of 50,000 right here and it gaps down to 10 and I've explained this but I want to make sure I I I put this like really out there I don't care if the stock goes down at any [ __ ] point from here on out until it's back above 22. And I'll explain the 22 number. Just bear with me. But at this stage, I have invested at higher prices in a much [ __ ] shittier company before. This is a stock that is trading at unbelievable value and I know it. It's not something I have to think about. I don't have to go look at the PE ratio. I don't got to look at the price. No, I I know that it's undervalued right here. I'm good. I know I'm good. If the market or the algorithms or the short sellers or the arbitrators decide to [ __ ] send it lower, then so be it. But then I'll just buy more because now my dollar is going to go further and I can afford it. And I know that not all of you can. So hear me out. People like me are going to continue to support this stock because we might sound [ __ ] [ __ ] and we might have the IQ of a fully baked potato and we might not know every little [ __ ] insider piece of knowledge about every little [ __ ] thing that Bloomberg does and CNBC and short seller and Ken Griffin and but we are going to support this stock at every [ __ ] dollar that isn't isn't 22. And it won't just be
34:35me. It's going to be people with a lot more [ __ ] money than me. A lot more. And every day that they dare keep it this low. They play a fiery game because there are people with billions of dollars that are thinking the exact same thing that you guys and I are. This is no longer a bet on the legacy business. We are making a bet on someone who is attempting to stake his claim as the next great entrepreneur of America. and his crusade is against Wall Street, not you and I. I know that it is difficult to have belief in something that you see down down and then you go ON X. OH, IT'S SO BAD. OH, RYAN CON. OH, HITLER. Let me make this really [ __ ] clear. This company is [ __ ] awesome. And the people that run it are even better. And they're even [ __ ] smarter. And these guys have a [ __ ] plan in place. And it is within these moments right here. It is within these moments right here that legends are broken or built. Dreams are constructed or stripped down because I seen it time and time and time again. Everybody wants to chase perfection. Nobody wants to commit. Nobody wants to put their [ __ ] nuts on the line and say, "Hey, I believe in this." But you guys have, that's the craziest part and why Ryan is working so hard for us. You put your nuts on the line. What? You put your tits on the line if you're a girl. >> Sure. >> You put your tits on the line if you're a girl. >> That's right. You get it. because you guys invested in this company when it was a piece of [ __ ] and also when it was a second piece of [ __ ] but now it's not there. The company is flourishing [snorts] and you're going to see it on this Q2 earnings. Now, whether or not that moves the share price, I'm just being honest with you when I say this. Not that I'm not all the time, but [gasps] who gives a [ __ ] I am quite literally at the point with this company and the investors of this and the people that I interact with daily. I am quite
38:19literally at my [ __ ] wits end because I just cannot [ __ ] say this any clearer. I don't give a [ __ ] if it goes to five. I don't give a [ __ ] if it goes to 10 or 15. I I just quite frankly just I I just don't give a [ __ ] because I am willing to put money into this at every [ __ ] dollar below 22 until it goes back there. Because here's the thing. There's a chance that I'm just trying to make a trade from here to 22 and then this thing has an event and then something else happens and something else happens and next thing you know we have DMs and messages of people saying, "Jackie, I missed a 400% thousand trade. Holy [ __ ] Can you believe it? Oh my god." Uh [screaming] things like Mona were made possible because the investors saw something in the business that no one else did. They saw the cancer drug coming. No one else did because everybody said her vaccines. [laughter] That's how they were managing to make 400,000% on some weekly calls. Guess what? You guys are in the same position. Instead of vaccines, though, it's [ __ ] video games. I I don't care if it takes 10 [ __ ] years for this to achieve 100. That's how I feel about this because I am so confident that once this bottoms out, builds its support, has the end of this window, the earnings happens, I I don't I don't care. I don't know. I'm so confident that once premium starts to show up into this thing, [ __ ] is going to hit the [ __ ] fan and everyone else is going to miss it except for you guys because you were the only ones willing to watch this pile of [ __ ] over the last several years. That's why you're going to make it. But here now more than ever, this is going to require a level of mental toughness, a level of mental fortitude that some of you have probably never shown in your lives. And that's not me talking [ __ ] I'm liter I've been there. You You can't imagine the amount of hate and the amount of [ __ ] that you can get by simply
41:41targeting or looking at a specific area or talking about one type of stock or talking about a specific candle or talking about a support or resistance. You can't believe. And when it comes to this thing right here, this stock is at a massively important level as we continue to enter into the final third of that 35day window with an earnings event very quickly approaching. this stock, this company right here, they're not interested in operating at a [ __ ] snail's pace. Ryan's silence over the last month or so has been deafening. My fear is that people are going to try and achieve or chase for perfection on this thing when you just don't understand what you are currently holding. You are holding something that potentially several years in the future from now could be worth thousands of dollars. You You don't understand what you're holding right now. You are holding the next potential Birkshshire Hathaway in your [ __ ] account right now. I want to ask you, what's the difference between 17 or 16 or 10 or 15 or 30 or 20? What's the difference? If the price is trading at 100, 250, 500, a,000, 5,000, what's the difference? And I know, I know, I know, I know, I know it, I know some of you guys want to trade to bring in income. guy. That's what I teach you to do with Chewy and Unity and AMC and eBay and Wendy's and now and YSS and Nokia and Pizza. This literally what I teach you. Your goal should be to accumulate as much [ __ ] GameStop as possible below that $22 level because if it manages to go to 22 from whatever price it currently is now and it makes a monster [ __ ] move and then it hits 22, then it hits 25, then it hits 30, then it hits 35, you will have just established a position at one of the most unbelievable opportunities on any [ __ ] stock that you have ever you will have just made an unfucking believable trade that could impact your life forever. Don't be afraid now just because it's shittier or just because it sucks. I I I know, but in my opinion, there is no greater chance to change your life than the Tits Gang, obviously, number one. Duh. And then
45:18GME right here, because to me, the reward just so heavily outweighs the risk at this stage. There's too many signs. There's too many signals. There's too many symptoms. There's too many things about this chart and about what is developing that I just don't want people to miss what could potentially happen. Ownership is not necessarily a negative thing. I know options and I know LEAPS. And listen, I'm not going to I'm not going to sit here and say that it's stupid. If people are buying 2028 or 2029 leaps when they come out, listen, it's not stupid. But I I am going to say this. Me personally, I don't want to pay the premium. I would just rather take ownership. And if it goes lower, I don't got to deal with my options like in about time and LA. Just give me ownership. I just want ownership. That's it. I just want ownership because when this thing goes, and it will, I I want to have accumulated such a large position that my [ __ ] kids' kids's kids' kids will be able to [ __ ] eat. You know what I'm saying? Because I I just think about it now, guys. I I think about it now. And what if we really were what if we really were holding the next Birkshshire? What what if we really were holding a stock that could be worth hundreds of thousands of dollars in the future? It it is something that keeps me up at night thinking about it. And I just think about this opportunity. I think about what has been presented on the chart and all these different, you know, [sighs] dips that have occurred. And I just can't help but think that this really is the next Bitcoin. This is the next Tesla. This is the next Amazon. This this is the next stock that was left for dead and then finds itself trading hundreds of thousands of percent higher. Don't get shaken now because we are closer to the finish line than we are to the beginning and the start. And all it's going to take is just a little bit of patience. And I'm going to finish it out with this. On the 3-day time frame on the TD sequential, we are a week and one day away from printing a 13 long count.
48:36The 13 long count on GME. Ever since uh just before the sneeze, there have only ever been three TD sequential long counts on the 3-day time frame. And every single one has led to a positive move on the chart. If we're fortunate enough by the uh beginning of next week to have that 3-day signal print, we will also have I'm sure many of you have remembered about the 3-day RSI wedge that we had on this thing here. Now, if we were to catch that TD sequential 13 at the bottom near the earnings, which that also could potentially happen, we could start to see this thing make the reversal and see a like the amount of suppression and short selling and arbitrage traders that are sitting down here that if this thing starts to push against them because they're [ __ ] dumb, this thing could get [ __ ] cooking in a hurry. And I know that it's been shitty, sloppy, and [ __ ] lazy, but people underestimate that we are now coming into September when liquidity tends to come back to the market and we can see some very sizable moves. In fact, I'm pretty confident that it was late August into September that actually kickstarted the GME run right here. Look at how sloppy and shitty and [ __ ] lazy this was, too. And then bang, bang, bang, bang, bang. Don't be surprised if we're to see something very similar where all of a sudden just bang, bang, [laughter] bang, bang, bang, bang, bang. And you don't want to be the guy sitting there. Oh, I bought puts because I was trying to day trade it because I'm smarter than everybody. Don't do that. And don't be the guy who's I was trying to get the perfect entry and B. Don't be that guy either. You know, there's a lot of things that you want to be attentive to, but at this stage for me, I am just building as big of a position with stock as I can. And I will trade it. I will happily begin to start pushing options on this thing. But where is my confirmation? Now, I'm going to tell you guys something. at the end of last week on the net flow, we actually did see the first little bit of something interesting on GME
51:24where we started to see some puts sold for December. And what really caught my attention, folks, now I'm going to ask the question before I even say anything, right? I'm not I'm not leading them into this at all. I'm not doing any of that, right? I'm just saying Chad when we were watching the price action in April 2024 and we saw that premium come in do you guys remember specifically what I've been mentioning about the options now uh other than the premium the size of the premium other than the size there was something that was happening with the actual options themselves specifically the strike prices does anybody remember what I spoke about with regards to those strike prices and what was kind of going on there. Let's see if some of you guys can figure that out. Now, one of the things that I was highlighting that was happening, we were seeing strike prices come in in succession. So we were seeing 10 strike calls, 11 strike calls, 12 strike calls, 13 strike calls, 14 strike calls, 15 strike calls, 16 strike calls. They were roughly for 1 2 3 monthsish to expire, give or take. Now again, we know that we're in that 30 uh 35day window, so we know that, you know, someone isn't necessarily going to try and blow up the options chain quite yet because they don't want to be detrimental to the business. But I will say on Friday something very very very interesting happened and you guys will see it on the right hand side of your screen. Somebody sold puts on GME and that's not what really got my attention. Matter of fact, what got my attention was the fact that we saw 16, 17, 19, and 20 puts that were being sold on GME and for pretty sizable amounts. 750, $390, 150, and then another 115 for a total of well over $1 and a4 million. It grabs my attention when within the same window where we've been speaking about wanting to see premium, we suddenly see the warrants explode for 70% in the week. And then on GameStop's order flow on Friday, we see that stairstepping of 1617 1920 and we see that all happen to come in. Right. It's it's something that going into this week I'm going to be paying very close attention to
54:16very close attention to because if we continue to see some sold put options on this thing especially if we see you know 16 17 18 19 20 21 if we start to see that again again again again [sighs] oh boy. All right. So, that's what we got going on there, folks. That's what we got going on with GME. That was my GME discussion. So, now I'm just going to quickly fire it in there with a couple of stocks that we've been trading and that'll be the end of tonight's show. So, we have Chewy that's making a potential three rising valleys with this uh uptrending line above the daily 50 RSI bouncing off of the center. So, it looks pretty good. Hopefully it can continue to find a bounce. It does have earnings coming up here on Wednesday uh next next week. So not this week coming up but the following week. So just be aware of that for Chewy. Hopefully we can get an earnings pump towards the indicator signal. Uh next one on the list is going to be Unity. So we are still shorting this looking for it to push down towards 3727. GO. And that's all I got. AMC AMC uh just had a daily bearish engulfing trying to break out of that cup with Hannah. So I'll show you the bearish engulfing. So there's the daily bearish engulfing. So if AMC does come back, don't be surprised if it tests the daily 50 on that golden cross. Then hopefully it can find some support and uh push off of that. All right, so that's what we got going on for AMC. Uh Wendy's. Wendy's had the golden cross, folks. We spoke about the golden cross. does have dividend distribution on Tuesday, so be aware of that. But yeah, Golden Cross back tested. Big big big beautiful candle off of that. Good for like 7 8% there. So nice move on Wendy's. Uh just sort of looking for it to get back fill that gap and get back towards like N bucks and then we can kind of see where it goes from there. But uh Wendy's looking good following that golden cross. Service Now we still have the indicator signal for 159 guys. Aim for 159 on service now. It should get there. And that's all I got to say on
56:29that one. Uh YSS, stop being a piece of [ __ ] Still in the daily RSI wedge, so just be aware of that for this week. This could be one to watch for a breakout if the market isn't total dog [ __ ] Uh pizza. So pizza also looking to break out of its uh RSI wedge, trying to get out of the bare zone. We'll see if Jackie's drawing works out like that, but uh it looks pretty good following that harmonic reaction. So very happy with pizza so far. I got 100 shares on this thing here for a trade. Uh, HubSpot weekly RSI looking to break the center. It broke the macro 236 last week. I'm really, really, really hoping it can make this inverted complex head and shoulders. Really, really, really, really, really, really, really hoping if it continues to break out here, folks, then I mean, it should be a straight shot towards $320. So, this could be a nice momentum trade for you guys to watch this week, even if you didn't get into it near these lows down here. All righty. Uh, Bark Weekly right at the center line. Please break. Please break. So we can have Bark Bark Woofwolf go crazy this week. That'd be sweet. So that's what I got on Bark. Also watch the weekly MACD creeping towards the center line as well. So we got that going on there for Bark Bark Woof Woof. [sighs and gasps] Uh, Playboy still has the weekly RSI wedge. Keep that on watch. Very close to a MACD cross below the center as well with bullish divergence. So, keep that in mind there for uh uh Playboy. Uh BBWI, I'm hoping for a back test of the harmonic on the daily. I'm I'm really really really really really hoping that it gives me a back test on the daily, but uh I guess we'll have to wait and see. Um the daily is kind of forming like a very awkward kind of like I want to say almost like a triangular structure on this thing. It's a little little awkward, but it's it's fine. We can let it go. though. So, we'll see what happens with BBWI. It's got to go through the center line of the RSI and it's got to break those moving averages. I think it's probably safer
58:24to wait for a back test at this macro golden pocket and then look for a bigger breakout from there. Um, and then let's see. Not much to say here on SPY this week. It's going to be probably a pretty boring week because uh it's going to be the first week of September and usually we have Labor Day this week, but because August 31st falls on a Monday, uh we don't have Labor Day until next week. So, uh I think it's probably going to be another slate uh lazy slow week where not a lot of people show up. So, don't be surprised if that ends up happening. And then last but not least, Bitcoin and crypto. Uh I think it's going to retrace and I think it's going to come backwards. So, that's just my opinion. I think it's kind of making like a head and shoulders here at this high. We were having a conversation about that tonight. We were talking about making a little trade on this thing. Did it work? I stopped looking at my phone afterwards, so I got to take a peek here. Good enough. I wouldn't have counted that. So, that's good enough. Yes. So, that first little initial trade following that butterfly worked out pretty nice. And it still held to higher lows, which is good. So, big. So, anyway, sorry, I'm get I'm lost in the sauce there for a second. Bitcoin is still a lower high from its macro downtrend. It's still a lower high and it did leave an indicator signal when it launched and that always makes me nervous that it's just going to come right back down. And now to me uh specifically on the 12-h hour time frame, this looks like a big ass head and shoulders. That's that's what this looks like to me. Sorry, let me just clear this up. This looks like a shoulder, head, shoulder, neckline, profit target. Boom. And then I bet you if we draw this one more, probably two more times, I guess. Hey, that' probably get us to the full profit target that we have on the daily, which is left right here. Isn't that cool? Yeah, there we go. So, very legal. Very cool. So could see a three standard deviation move on Bitcoin if it were to break down from uh from that
1:00:29possible head and shoulders. So that is uh the outlook that I got for you guys here tonight. I do have uh one more stock to to do. Could you tell me what uh what one Gaboo wanted? He wanted me to do a stock, but I don't have my phone. Yep. So, is there anything that I missed that you guys want me to uh is there anything that you guys want me to take a look at AVAV? All right. Well, I definitely like the support it's at. That's the first thing I notice on the chart is it definitely looks like it's got some support right there. So, that's good. Draw probably a fib from low to high here. to make it less bold and maybe draw it correctly. Uh, oops, there we go. Okay, perfect. And then that one's not going to do anything. This is a bullishly divergent on the daily. Check the weekly. [sighs] My first thought is that it looks really bullish from the perspective that you definitely have this trend line that it's definitely bounced off of a few times. So that's got to be bullish. So I think you have to be bullish on that low, but you definitely have to be cautiously bullish because it doesn't look sort of as strong as it did the other times that it came back and tested this trend line. Like I don't I don't really see as much confidence. I see that there is a big garlic that completed with a double back test, which is actually really good. So I I would almost say that this thing is like at this stage like you have a pretty clear defined risk and reward there to some degree, you know. So yeah, looks pretty good there. Gaboo. Tesla. Yeah. Yeah, we haven't looked at Tesla in a little while. And then what did uh what did [ __ ] Lancho say? What did he say? Take a look at my Oh, your new song. Yeah, I'll play it first thing in the morning tomorrow. I'll do it first thing in the morning tomorrow morning. Uh Tesla. So, yeah, Tesla still has this big gigantic like I I don't want to call it a bare flag, but definitely an ascending channel that it's like very close to breaking down from. And if it breaks down
1:02:48from this, there's a really good chance that that means that the whole market is probably breaking down. So, you know, I guess the number one thing is that SPY is just going to need to continue to to sort of hold on. Um but as we approach the midterms and the lack of uh you know participation in the market, perhaps we'll start to finally see some movement. Uh Tesla makes me a little bit nervous because it's continued in this downtrend almost the uh almost the entire year, right? So this is the beginning of the year high low lower high lower low high question mark into a lower low question mark. You know, makes me pretty nervous. And I don't really think that this is out of the realm of possibility, especially as we approach the midterm elections. So much [ __ ] dumb [ __ ] happening right now. So yeah, that's what I'd say about Tesla. Uh looking at the technicals, it's just poking its head above the center and the MACD is losing uh momentum quickly. So I can't say that I'm crazy about it. I also see there's a death cross that we're currently testing and staying below as well. So Tesla makes me a little nervous. If you were thinking about shorting Tesla, I would definitely once again turn your attention towards Tesla Q. If you take a look at Tesla Q, Tesla Q very close to having a MACD cross below the center, which would be exceptionally bullish. So Tesla Q certainly looking like there could be a big move to be made on this thing. So uh keep your eyes on that one, folks. That could be a nice little setup if you thought that the market was going to have a retracement. All righty. And uh I'll do some other stuff tomorrow, but that's that's I really just wanted to get through GME tonight and then just fire the last little bit in there. So, uh, yeah, I'm sure, uh, you know, we finally got through the absolute last few weeks of hell, booting out the last little problem child members and making sure that the Discord members no longer feel bullied by some of those members cuz I know that uh, a bunch of you guys had DM'd me and messaged some of my mods talking about being
1:04:51bullied by some of these folks. And uh, we don't do that here. We don't we don't do bullies. We don't put up with bullies. In fact, we bully other bullies. So that that [ __ ] has come to an end and we've booted out all the [ __ ] problem childs. And uh yeah, if you guys ever have any more issues like that, you feel free to dem DM me or any of my mods personally and uh we'll take care of it. Otherwise, folks, those people cease to exist and everybody can move on and now we can just focus on getting rich and making great trades and learning how to navigate the market like professionals. So, thank you everybody very much for tuning in to tonight's show. I really appreciated it as always and I hope you guys have a great rest of your days and nights. Thank you very much and we will see you tomorrow morning. Have a good one and goodbye.