Bonds and inflation cooked! GME stronk — Jackie Le' Tits — Video Wiki
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Full transcript (32,339 words) — every glorious word
0:24Good morning everyone. In the name of the ticker, the float and the holy short squeeze. >> [music] >> We were lost in the darkness. Hedges laughing in sin. Paper hands folding early. Diamond [music] conviction growing thin. But then came the gospel [music] etched in green and red lines. A number descended [music] from heaven. 229. [singing] >> Oh [music] Lord Lord 2295. Thou art the savior, the pivot the way. >> Resistance, tremble [music] before thee. >> We beg thee, don't stay. Send us to Tandy Town. [singing] Rocket [music] emoji ring. Break every ceiling. Shatter the chase. >> 22.95. [music] >> Hallow be thy name. We ain't selling, we're praying. Light [music] the moon flame. Hold us higher >> through dip and through. Lord 2295. [music] You're the lamb [singing] and the blood. [music] >> [music] >> Oh yeah. [music] The swords [music] marked our altar. Cold our faith a mean dream. >> [music] >> When we kneel at the candlestick, hear the faithful scream. No resistance, Lordy. Lord, let not thy [music] wall stand tall. Part the sale orders like Moses. Answer our holy [music] call. >> Thou art the savior to pivot the way [music] we >> don't be resistance today. [music] Send us to 10D town. Champagne on the moon. Infinite [music] DRS. Infinite. 2295 alpha and omega [music] games. We cast out the bears in thy holy name. [music] Our father who art in the cloud. Hallow be thy chart. Thy kingom [singing and music] come >> to Andra. >> Thy will be done >> on margin call. >> Give [singing] us this day [music] our daily squeeze. >> And forgive us our paper handed sins >> as we forive [music and singing] those who against us. Lead us not [music] into citadel temptation, >> but deliver us from evil shores. [music] >> For thine is the glor, the power, [singing] and the glory forever and ever to the moon. [music] All right, little traders chart the course. The markets wild with greed and force. Tides of fear be crashing loud, but steady minds won't join that crowd. We sail with reason and risk and flow. No FOMO in shall make us go. When coffeey's hot and lips are wide, that's when we trade the turning tide. [singing] So hoist the charts my [music] TG crew. The storm is fierce, but we break
5:04through. by Jackie's cre sharp and brave. [music] We trade the tide [music] and ride the wave. [music] Candles rise [music] and candles fall. We follow Jackie through it all. He reads the tide, the ADX flow. Hold steady [music] mates when the coffee low. The kettles brew in fans grow tight. The breakout [music] glows in morning light with steady hearts and mind [music] so true. We trade the charts. Jackie's crew. Evil trim [music] your sails. Hot coffee brews when patience prevails or greeds [music] a gale that wrecks the best while risk manage [music] hearts can rest. We see the tent raise that flag. The crack [music] town moves no time to lack. >> [music] >> and morty lips grow wide moments and swells with the rising [music] tide. ADX above 40 l cries [music] lock those stops the trends on rise. The bears may roar but faith [music] holds true. We trade with blow jack [music] trim your sails on coffee bruise with patience prevails for free a [music] gale that wrecks the best while risk manage hearts can rest. Let's [ __ ] go the [music] roars through cracked out moves and bish. [music] That's a doe calls the watchman high. Low volume day just [singing and music] passing by. We sip our brew. We rest the hands. Wait [music] for signs and tighter bands. The tide will turn as all things [music] do. And we'll be there. Black is the dawn breaks new. Our games [music] like gold in morning do let's go. The mass bells [music] cry. The market bends but never we die. When fear [music] returns, we'll see it through. Forever bold, forever true. [music] The time is true. Jack is [music] good. >> [music] >> King Shaki and [music] his men took King Griffin from his bed and filled his ass [music and singing] with mayo. This stock bezen by our powers. We will take this [ __ ] [singing] to the moon. Oh yeah. [screaming] >> [music] >> Your hands behold [music] generate traers never shall we die [music] can always [music] be holy generous traers. [screaming] Never shall we die. Some have [music] died and some are alive and some others sail on the sea. With the keys to [music] the cage and to the kitty, we pray we take the fight back to our street. [music] You
10:05by the death accumulate your shy [music] generous and traers. Never shall we [music] [ __ ] [music] you. Give me a slice of [music] a slice of the sock has been raised from it bankruptcy [music] days now in a massive war chair a cat tweet to all the it's [screaming] time Wall Street your hand [music] trapping [music] from his bed and filled his ass with mayo. [music] the stock be by the powers. We will take this [ __ ] [screaming] to the moon. [screaming] [music] >> [music] >> King Jack and his man [music] his ass [music] by the powers. We will take this sh. [music] All right, one more you savages and then we're going to get into it. [music] >> [music] >> I know you're out there, Father, you came back to save me and I won't let you down. [music] >> I know you're kind. You think you can walt in and just take our planet? Like you forgot one thing. I'm my father's son. [music] Can't [music] stop. Yeah. Yeah. [music] Can't stop. Yeah. Going down. Yeah. [music] up with my P&L back up super with [music] this paper. I'm a stack up level up cuz you know we taking profits. [music] Had to safeguard my play with stop losses. Had to buy no time for [music] my options. Had to learn how to try to make progress. Had to [music] hold through the pain and my logic. Had to ignore the state. Yeah. Jimmy feel right. Yeah. [music] Can't stop. Yeah. Going down. Yeah. Grow [music] up like my PL [singing] back up. Super saiyan with this paper on the stack up. Samurai shorts a mess. [music] Never leave until the shorts close and run. Had to stay home and not [music] waste my funds. Had to learn discipline and be patient. Had to risk all my games for the bacon. Had to learn [music] when to leave it or take it. Had to pray every night just to make stop. Yeah. Yeah. [music] Can't stop. Yeah. [music] Going down. Yeah. Yo yo yo. Screen's green. Let's get it lit. Get it lit. It's your boy Jackie tick. Swipe up. Ging quick. Always [music] never quit. Drives on fire. Levels getting hit on pull up [music] miss. We >> always to the tits. Yeah, [screaming] let's train, baby. Go. >> Yo,
16:35>> good morning everyone. Good morning everyone. Great to see the names. Great to see the faces here within the chat box this morning. So uh just a couple of things to touch on before we uh before we get into GME um just because GME is slow here to start this morning. So, um, I thought we would just quickly touch on, uh, some of the thoughts that we've had on the market and where SPY currently is. SPY started on a gap down this morning that filled this gap here. Okay? You see this hole that finally filled on this candle. Now, it left a gap from the gap down. Obviously, you can see I've marked it off for you guys there. Look what it's also done. It's taken us below the daily 50 period moving average which we again it's so early. So I don't want to say we're rejecting it but [clears throat] you can see that we're currently using it as a bit of resistance. We have been speaking about this now for the last couple of weeks about how spy has kind of looked suspect and you know I'm not 100% sold that this thing is just going to go up only all the way through the midterms you know and now we're kind of seeing some of the repercussions of that. We see spies starting on a gap down here. It's down 5 4% or whatever it is here to or excuse me not 5.4%. Jesus Christ. uh [laughter] $5.40 roughly about 2/ird of a percent down currently. And because that is down, uh we have seen a large number of the stocks that we like to trade and the things that we're into, we have seen a large number of them just kind of be [ __ ] right? So, if we look at our list here, yeah, there's some green things on here. We see GoPro's up 8% which is nice. And we see Snow up 2.7 and Bark up uh five, but Bark's up five after it was down nine yesterday. And Snow's up three after it was down five yesterday. And then the rest of this just red and now SPY is creeping towards a low, a low of the day, low of the week, low of the month. I just want you guys to to hear me on
19:10this, right? And again, I'm not specifically talking about GME here. I'm talking about everything that we like to trade. When the market gets into this mode, right? When the market says, "Hey, pay attention to me. I'm not very happy." When it does that, you listen. You don't ignore it. And what we chose to do was to listen, right? So, we pulled off a large number of the trades. We pulled back on a lot of the aggressiveness that we had and now we're being rewarded for that. I'm not telling you the market's crashing. I'm not even telling you to be bearish, but I am telling you to have a little bit of caution as the market kind of well, it doesn't look very good. And as it doesn't look very good, my hesitation or concern obviously continues to stem from the fact that inflation remains sticky. And there's so many questions surrounding whether or not they're going to raise or cut interest rates. You can see from the reaction from gold and Bitcoin and these quote safe haven assets that the market is thinking that the Fed is probably going to raise interest rates. Now, I still disagree and I still don't think that they're going to, but we're going to have to wait and see. The market is certainly pricing it like the Fed is going to raise rates and [sighs and gasps] bad things are happening. No, the mic didn't cut off. I'm I'm pausing for dramatic effect. Bad things are happening and the repercussions of these bad things are not necessarily going to be felt tomorrow. Probably not even going to be felt next week. [ __ ] they might even not be felt by next year. But I'm telling you guys, there's a problem. Something bad is going to happen. Look at the bond yields. Now, I know to a lot of you this might be mumbo jumbo blah blah blah. I don't understand. Okay, let me make this easy. The 10-year, okay, is 10-year government bonds. What that means is, let's pretend you're retail. You go to the government and you say, "I would like to buy 10-year bonds." In exchange for you buying the bonds, the government is going to give you a specific rate of return. Okay, you guys can see it here labeled at 4.918. That's the return
21:56that you're going to get on those bonds, right? That's the percentage or the rate of return that you're going to receive from those bonds in exchange for you giving the government money. And the exchange is right is that you give them money which they then give you a a piece of paper that essentially says you own government debt and you're getting paid to own the government debt. Okay. Now to make things even easier, the 10year, all right, is what mortgage rates are most closely tied to. Okay? So, if you're thinking mortgage rates go up or mortgage rates go down, the easiest thing that you can do is just turn your attention to the 10-year. And the 10-year will give you a good glimpse as to what you can kind of anticipate. Now, if we head over to the 10-year yield, the yield is how much they are enticing you to buy bonds. Now you can imagine that if the government has to increase the rate more and more and more and more and more and more and more. It suggests that people don't have a willingness and appetite to buy government debt even when the government is trying to entice them with high rates or high yields. Right? What that suggests is that the people or the average consumer that purchases bonds believes less and less and less in the government's ability to pay back said debts. Now, it's not that they probably won't because obviously there's a good chance they will, [gasps] but the yield needs to continue to increase before the people are like, "Oh, yeah. You know what? Actually, I I like the bonds here. This is good. Yeah, I like this." The yields. All right. This is I'm flipping between the GME chart and the 10-year yield here. The 10-year yield. I want you all to see this weekly time frame. Okay, look left. We We have only seen the 10-year yield get to these highs three times in 20 years. Now, this one back here in August or excuse me, [clears throat] this one back here in October of 2023, right? This is when we had that big regional banking crisis and there was a big bailout and blah blah, right? There was a whole slew of things that were happening that then, you know, this was like a pseudo
24:59bailout, but the bailout could only bring it down back to 2023 highs and then it steadied at about 4% and now the 10-year yield has risen to 4.9. We we we are reaching critical mass. Again, I want you to understand that this isn't something that's going to unfold in in 10 days or, you know, one to two months. This is going to be a a multi-month, probably multi-year process. But this 10-year yield and the rest of the yields breaching or hitting just absolutely massive [ __ ] highs. Guys, this this is a signal of a a much deeper problem. And the Fed is going to get put in a between a rock and a hard place here. And cutting rates, raising rates. Listen, I'm I'm not going to sit here and say that I know the answer because I I I I I really don't know that there actually is a good one at this stage. It's it's kind of like, you know, we're going to have to make a decision and then live and die by whatever that decision is. So, the reason that I'm having this conversation is so that you guys understand why we talk less and less about stocks and trade opportunities right now. This is my concern. Spy continues to be a piece of [ __ ] all through September, all through the midterm elections. [snorts] Being a piece of [ __ ] doesn't necessarily mean that um you know that it's just going to pile drive into the ground. That's that's not what my thought process is. My thought process is that we could enter back into a phase like this where we make a recovery, then we sell it back off, and then we make a nice recovery, and we sell it back off, and we make a great recovery, and then we sell it back off, and then we make another great recovery, and then oh [ __ ] I'm I'm worried that we could see something very similar to that. Now, again, I'm I'm not saying market crash. It's way too early for those conversations. What I'm suggesting is that we could find a lot of hesitation and consolidation. Now, it could go, you know, like this or, you know, or or or like this. You know, it's the point being is that we could start
27:49entering into a little bit of a kangaroo market. When you get into these kinds of market structures, you guys, this is where you pull back. Your level of aggression can't be the same because the market isn't giving us that same that same follow through that we're used to seeing. because it's not giving us that follow through. Your goal is to look for the clearest opportunities. The clearest opportunities, just like we speak about here, are the ones that have those B+, those A, those A++ setups, right? Maybe you've got an RSI wedge at macro support with a MACD cross. Okay, that's good. Maybe you've got um macro historical support paired with the DMI positive sloping up and the ADX starting to make warm coffee. You know, like you want a multitude of technical artifacts aligning for you to give you the highest chance of success. Because when the market gets like this, look at how a large number of these stocks have started the day. Lots and lots and lots of red. Now, it's not that they can't recover. Obviously, they can recover. The concern is that you take a position too soon. Then the market has a gap down like it does today that makes your trade start red and then it makes you a little more emotional, less uh confident to hold through some of those dangerous moments. Right now with the S&P 500, it's testing the daily 50. We're testing the prior highs of resistance that we had to gap above to then try and turn into support. If we fail this, there's a good chance it goes lower. And right now, if we look from a technical perspective, I don't love the fact that the center line has been lost on the RSI as we lose the daily 50. I'm not thrilled about that. It's not the end of the world, but I'm not thrilled. So, all I'm saying just for those of you listening, okay, I just want you guys to think about the decisions that you make. making trades right now doesn't make you stupid, right? Just make sure that the trades you make have the highest probability of success and those high probabilities of success come from having confluence. So when we looked at GME right when we spoke about GME when we came all the way down to
30:5017 whatever it was 1770 whatever when we came down to here one of the things that we spoke well let's just go through I'm I won't say one of the things because there's a lot of things but I we'll just kind of go through them right now. a few of the things that we spoke about, right? Uh number one that kind of comes to mind was the harmonic completion that we had here and we said, "Okay, listen. We're going to wait for 1.272." And then it literally gapped over it and we said, "Okay, let's wait for it to turn into a deep butterfly," which it did. Now, following that deep butterfly uh harmonic, we said, "Okay, let's wait for a reaction, resistance, back test, divergence, then make the boom." Right? That's how we always trade these things. Now, if we look at the daily RSI, this is where things get real interesting, right? We looked at the RSI and we said, "Hey, hold on a second. That looks like an inverted head and shoulders." Now, obviously in the midst of making this move, right, you couldn't see that head and shoulders immediately. However, as it broke down making a uh making a lower low. Okay, so as it broke down making a lower low, we paid attention to the RSI and as we watch the RSI, price makes its lower low. Okay, it finds a bounce. Now, this bounce is a lower low. This is not divergence. So, we had nothing here yet. However, we let it play out a little bit and then ooh ooh, it made a lower low right there. Right? That's a lower low. And then we look at the RSI and we say, "Hey, hold on a second. If this is a lower low and the RSI is all the way up here, well, isn't this a higher low?" Right? Isn't that a higher low? And the answer is yes. Now, not only did we have the potential bullish divergence that was beginning to form there, but then look at the RSI itself. Let me let me pull off the drawing so that you guys can see this organically. Look at this. Do you see it? Do you see it? You see the inverted head and shoulders that was on the RSI? Now, I know a few of you who
33:22are new viewers watching this, you're going, "Jackie, you can do that? Oh, yeah. Oh, yeah, buddy. Oh, yeah. Yeah. [ __ ] yeah, you can." And what we found really, really, really, really, really interesting about this is there was only one other time where we made an inverted head and shoulders on the RSI in the bear zone. That moment was all the way back over here. and we said, "Hey, hold up a second. Hold up a second." That's all the way back in April of 2024. That's like one of the most important times in GME history. Oh yeah. Oh yeah. And then it it made the breakout and then it came up to the center line. We were like, you know what? We just want to see this bullish divergent touch. That's what we really want to see break out. And if that makes a move, well then we can start talking about this inverted head and shoulders going for a test of the center line. Well, all of a sudden GME starts to break out. And as it breaks out, it gets up to the center line. Now, as it gets up to the center line, we do a little more analysis and suddenly things start to become a little bit clearer because we look at the chart pattern now. And the chart pattern has what could very easily be argued a bump and run. And so we say to ourselves, well, is the volume increasing as we make the breakout? Yeah, sure it is. So now, what do we need to see? Well, we need to see some big bullish candles. Uh, yeah, that that that'll do it. Mhm. That Yeah. Yeah. Sorry, I I cooked it. So, you have to give me a second. There we go. Okay. Wait. Still. Still. Okay. There we go. Yeah, that'll do it. Yeah, that's a good one. Mhm. Yep. Yeah, that that'll work. And so now what we're looking for here today, tomorrow into next week is the analysis that we have done has suggested GME's chart is at a high level of bullishness. And speaking of bullishness, Choo Choo uh must have been some news that just dropped, folks, because SPY is coming up to fill that gap. So with the level of bullishness that this chart has, we want followthrough and the volume
36:16has been increasing just like we want to see in a bump and run. So now we're kind of at that like I'll say the final phase of the bump and run. All right, which is getting a breakout to the trend line and then bursting through that trend line on really big volume that then propels the stock towards the full profit targets. Now, interestingly, uh again, I guess it depends on how you view this. Interestingly enough, again, lots of you have a keen eye. You've noticed that there's several indicator signals, specifically one sitting right here on the daily right here. Can I do that? Yeah. Sweet. There you go. That's an indicator signal right there. Make this a different color right there. And we're trending towards it. The fact that we're trending towards it already bodess very very very well for us because it suggests that as we are trending in the direction I mean we're so close to it why not just touch it now if we get the breakout that goes towards that trend line all of a sudden we're looking at this and we're going hey hold on a second now we're pushing on good volume to the trend line which now has another increase in volume which is now giving us even more reliability with this bump and run structure. And if this manages to turn into a bump and run and it really does get to this trend line and we really do start to break out and head towards the 2-day indicator signal, we could see this thing complete. Not just the full bump and run, which the profit target is up here, 23 bucks, right? But this particular chart pattern is the number two reversal pattern in the market. So imagine right imagine what could happen if we see this breakout to the top of this bump and run. We could start talking about a total reversal of this entire trend and then that could lead to a big breakout that starts taking us towards several of these gaps that we have remaining on the chart. They still have yet to be filled. The signs and symptoms of life continue to be brea breathed breathded. Shut up. They continue. It's like CPR. And we've almost been resuscitated, but we're just looking for that last, you know, we're just looking
39:49for that last oomph to get us through the hump, break us through these big areas of resistance and see us head towards not just the indicator signals, but the ginormous gap fill sitting right here. Patience is going to be a key in this moment for so many of you. But we're close. Make no mistakes about it. We're close. And the stock looks phenomenal. It really does. It looks phenomenal. And if we can make this breakout guys, I mean listen, profit target number one is the 382 for the harmonic. That's 2080. Profit target number two is up here 23. That's also the top of the bump and run. And then that's the point of control, right? So if we go to the weekly, we zoom out just to the sneeze. Oh, there you go. Ah, I forgot I put those memes on there. Classic. All right. And we put the point of the visible range volume profile. Uh, I think I don't have enough indicator space. Oh, no. I should be good. There we go. Look at that. There's your macro point of control right there. And that's sitting right at about 2280. If we make the breakout of this overall structure, right? If we make the breakout of this overall structure, [sighs] the profit target takes us to the point of control. That point of control, guys, I we can't let look look. I'll show you. Let me get rid of this. This this this. Wait, why did I get rid of 65? Where's 65? There it is. Okay, that golden pocket is basically the point of control. Look to the left since the squeeze of 2024. Look at how important that level has been. Now, let me uh I apologize. We we just we draw so many things on here because I'm just like a visual guy, and I know that you guys like seeing the the visual side of it as well. So, I just put a lot of drawings on here to try and make things easier, but it's not always perfect. Okay, there we go. Look, look at that area. I I I mean it it's almost comedic because we had to gap through it, right? We had to gap above it when the cat tweeted. That was the gap above that zone. Then we came back and had to gap
43:01through it again, by the way, following Ryan Cohen's uh dilution. Then after we gapped back above it right here, we then back tested it as support here and then failed it here, then turned it into resistance here, and here before breaking it here, and then going on a big run. And then it came all the way back and back tested it here and here before going huge up again. And then the gap down following the uh the first what was it note offering or second one sorry mysteriously. Oh right to that zone and then bounce and then bounce and then bounce and then break and then the breakout takes you where? Oh yeah. All the way back to it which we then failed and then turn this into resistance. resistance, then tested it and broke it here and then turned it into support and support before losing it and becoming resistance, resistance, resistance. Right? Look, look at the number of arrows that I have put on the chart. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 arrows on this chart at that exact [ __ ] level. You can't imagine how unbelievably important that very level is. And what's again what's really fascinating about this is the fact that the bump and run structure takes you right to the top of that zone. That's why I feel a level of confidence that we could continue to see follow through. Now the big thing that uh a lot of us have questions about and these questions they have big implications, right? They they have big implications. Those implications are if Ryan Cohen doesn't have this uh material non-public information thing, right, which some of the guys on X and stuff are speculating about. If they if he doesn't have that, we have now seen two insiders buy the stock. Larry uh ice in his veins Chang and uh James Jim buys Jim Gruber Gruber. They they both bought. So Jim buys Jim and Ice in his veins Larry went to town. Now, if there were no uh MNPI from Ryan, wouldn't that kind of imply that perhaps with other insiders buying, Ryan would kind of be enticed to also himself purchase the stock? Now, the last time that Ryan purchased
46:33the stock, the stock didn't actually go anywhere until the filings came out that he had purchased it, because I'm pretty confident that that was right here. And then the filings came out, gapped up, and then we got some news or rumors that Bur might buy it. And then that was more of this and blah blah blah. Guys, we just have to weather the storm right now. SPY is just [ __ ] all over the place. The market is all over the place. We have a ton of stocks up, down, up, down, but mostly flat all week. Weather the storm. weather the storm. We're just trying to get through this moment right now because GME continues to show signs of strength, not weakness, strength. We keep filling the indicator signals we leave on the downside. We keep filling holes that we leave on the downside. We keep doing things that are actively protecting the low side, which is suggesting that the profile of this stock is beginning to change. And then we've got GME from a Ballinger band perspective. We've got GME sitting here on the Ballinger band top side while also resting against the daily 50 which once again is the point of contention that we are finding resistance against currently. If we break that daily 50 today, we should be able to make a new high from yesterday and we should be able to head towards that indicator signal. Look at the Ballinger bands. They are beginning and continuing to bulge suggesting that price can giddy up. We just again we just need that little oomph, that little oomph, you know, get that little push. And if we can get that push through that daily 50, maybe with some high volume options or maybe with some big darkpool activity or maybe something on the whale feed, if we can get a push through that daily 50, we could see a really healthy move for GME here. And then, okay, let's let's just outline this for the in case [ __ ] happens. If that does transpire, you have to go back to the warrants and consider the same concept. If GME makes a move like this, you're going to look for it to retrace or consolidate back inside the bands because it has escaped. If that's what we saw play out, right? So, if
49:23GME again, mysteriously has a a move like this today, right? And it gets up to that trend line. Look, look how far outside of the Ballinger bands you'll be. You'll be 4% or 80 cents outside the daily bands. Now, that's not the worst thing in the world, but it's a sign, right? It's saying, "Whoa, cowboy. Too much too soon." Okay, so that's what we're looking for on GME. We're just patient to get the tush push. We're We're patient to get the tush push. And if if we can if we can get the tush push, we should be able to to see ourselves all the way up to that trend line of 2070. All right? And then after 2070, we can start talking about more uh more macro targets. So, for example, we can turn this back on. 86 1.13. Stop extending those. So then we can start talking about things like the macro.5, the uh daily, monthly, weekly gap fill, the indicator signal, and the daily 200 all in this range right here. So if we are fortunate enough to see a bigger breakout right the targets are very simple break the daily 50 T1 here at 2080 okay T2 here at 22 T3 at the daily 200 just like 15 cents above it and then T4 four here at 23. All right. Very simple. And now our goals, everyone that's watching this stream that pays attention to GME, our goals are clear. Even though my chart currently isn't, our goals are clear. Okay? I want every single one of you listening to point your middle fingers directly at the screen. I want you to take your middle finger and point it directly at the screen because our objective is clear. We got to break this [ __ ] You break the daily 50, not pierce it. You break it, you're going to see this thing haul the dickens. But we got to break the daily 50. We got to If we break the daily 50, you guys, I mean, it's going to slap. It's going to slap. So our objective is clear. Break that [ __ ] right there. You break that thing and GME is going going. He's back back. It's gone. All right. So that's what we're looking and waiting and watching for. All right. The options chain is mysteriously quiet today.
53:16Mysteriously quiet. So, everybody just sit back, relax, take a sip of coffee. Mine's currently cold, which is a bummer. And prepare. We want a big ass candle. The question now is, [snorts] >> Kitty, are you listening? We need a pump now. [singing] And I'm sitting in a window waiting for you to tweet. Oh, you want to talk about GoPro? Oh, you want to talk about GoPro? Uh, we don't we don't talk about that. We don't talk about that. So GoPro found some support so far. Um it it's still it has a lot of work to do. Um but I will say this, I'm just noticing this. There's a 30 minute RSI wedge that's very close to uh breaking out actually. Like really close to breaking out actually. So that's interesting. So GoPro, what GoPro's got to do, [snorts] GoPro's got to get back above this range right here. So between 155 and 170. You got to get back above this range. So then you can use this as support to then lift off of and give us a higher high. All right. So that's what I'm looking for on GoPro. GoPro looks great. I'm really really happy with it. It's just uh [gasps] it has so much more work to do and you know what do I say here? Like this one is just going to be a really big battle of patience and waiting to see you know whether or not we can get further followth through following that big ass pump. But I don't really think much has changed. I still think it looks fantastic. So still above the daily 200, still above the daily 50. Life carries on. So, uh, you know, we just got to we got to give it time. But the number one thing I would argue is staying above 155 to 170 or even just getting and closing back in that range. All righty. Um, dumb to load October 32C's based on the theory. Well, yes. Yeah. No, that's dumb. Yeah, for sure. That's stupid. Yep. Because let if you like let's just have a common sense conversation, right? Let's let's just have a very common sense conversation. You you want and I'm not saying you Dr. Snafalophagus, right? So don't take this personal. I'm not I'm not specifically saying to you. Uh think about this, right? You're
56:05asking and again I'm not saying that this is impossible, right? But I I'm I'm giving this to you from a logical reasonable point of view, right? You're asking the share price to go from here to here. Right? Now, you don't necessarily have to go to 32 to make money, right? It just has to be really volatile. So, in that regard, it doesn't necessarily have to go here. But what you're asking for is for the stock to make a $12 move in basically what amounts to what 40 45 days, right? because the October expiration is I I think it's is it the 16th? No, it's the it's the 23rd. So, you're asking the share price to essentially do this in 41 days. Not impossible, right? Not impossible. But let's just consider the fact for a second if you will, right? Let's consider the fact that the share price's biggest move right in this whole period of time. So from here to here 455 days 312 candles right in 455 days the biggest move that GME has made is this high to this low. That's the biggest move. That was 29% and $8. Now, you could make the argument, I guess, if you wanted to, that there was also this move from here to here. That was $9.33%. That took 111 days. So, what we're asking is for the share price to now go up an additional 33% more, right? We're asking for an additional 33% more than the biggest move that has been made in the last 455 days. Furthermore, we're asking for it to do 33% more in approximately a third the amount of time. So, you're asking and I'm I'm not saying you Dr. Snafus, right? I want to I want to keep reiterating that. I'm just totally generalizing here. You're asking the stock to do something that it hasn't done in over 455 days. And then you're asking it to do that in a shorter amount of time than any other move that has transpired within this. I mean, even these ones, look at this, right? This was 58 days to make that move. And that that was barely enough of what we needed. It took this one here 64 days to give us what we needed. And we're asking for it to give us this in 45 days. It's not 44 45
59:04bars, 45 days. Right? So, the reason that I say it's stupid, not you're stupid, the reason I say that that idea is stupid is because you're asking the stock to do something that it hasn't done in over a year and a half. And again, I'm not sitting here saying that it's impossible. there's a chance. But from a trading put my money into that idea perspective, what kind of statistical probabilities am I putting in my favor that suggests this is going to work out for me? I mean, the statistical likelihood of that playing out is probably going to be like under 10%. Now again, it's not that it can't have a volatile move. It's not that you couldn't make money. It's not that it has to go to 32. If you buy a deep out of the money call option, it just has to be volatile. Doesn't necessarily have to go straight vertical in your direction several days in a row to go in the money. It just has to be volatile enough. So, it's not that you can't make money, but I want you to consider this. If I worked my [ __ ] balls off at my 9-to-f5 job and then I opened my broker account and I was like, you know what I would like to do? I would like to buy $12 out of the money calls that expire in one month and I would like to use $500 of my hard labor that I had to put in at my [ __ ] ass job. I'm going to put $500 into that. The statistical probability of your $500 increasing is approximately 10%. So, it's basically the Dumb and Dumber meme of, "So, you're telling me there's a chance? Is it impossible?" No, of course not. I mean, many of us are even anticipating that there could be a big swing. But you guys know what I teach you about trading options. I I almost never ever ever ever ever trade out of the money ever because out of the money is where people get burned in in a in a in a bad way because people have these dreams, goals, ambitions of the stock doing something because of our beliefs. And beliefs are fine when you're when you're playing, you know, Mr. moral compass. Unfortunately, we're traders in the stock market.
1:01:51And finance is a cutthroat, ruthless [ __ ] industry that will chew you up and spit you out for your [ __ ] beliefs because it doesn't care about your beliefs. It cares about analysis and data, math, and numbers. Doesn't care about emotions and feelings and opinions. It doesn't care. So when it comes to trading, yes, many of us have the hope, the belief, the idea that this could break out and see a move to 32. But do I think that that's going to happen from now to the end of October? I'm not betting on that. That's for damn sure. I'm extremely hopeful. But you guys know how I like to trade. I'm approaching it first from an analytical perspective. The perspect the perspective suggests that there could be a bump and run which could get us to 23 which could then give us a more macro reversal which then could get us towards 30. But we haven't even sniffed 30 in I mean really since June of 2025. It's been forever. So, I I can't sit here willingly and say, "Oh, yeah. I'm gonna make a bet on buying out of the money calls because I think GME is going to [ __ ] boom." You know, the easiest approach for me is to just trade the lows and then once it makes a break off those lows, start to trade the levels that are in front of me. I dug my grave. My grave was buying stock. I didn't I pussied out on buying call options because I was waiting for premium. Call me a [ __ ] or call me levelheaded for having a plan. Right? That's what I did. I had a plan and I came in with a plan and I executed my plan. Am I disappointed that I don't get to sit here and scream about how my options are up 30% or what? Yeah, of course. But I'm making money and I got stuck and the stock is up and awesome. I I don't feel a rush to make these decisions when my goals are clear. I want to see this bump and run. I want to see this volume continue to flow in. I want to continue to see us ride the Ballinger band. I want to see us break the daily 50. I want to see
1:04:04us do these things that show or prove that the stock is as bullish as it looks. And the reason that there is a level of hesitation is because we have witnessed the stock for the last year and a half be a gargantuan piece of [ __ ] And [snorts] every time that we have made an overzealous decision because we think this is the final breakout of this stupid [ __ ] bond arbitrage, we have it ripped away from us. Be it a [ __ ] cat tweet hack or be it Bur having paper hands faster than Jackie Latitz, whatever it happens to be. So the hesitation just simply stems from common sense of the stock having not made a significant breakout in basically a year and a half. So, if we want a breakout, right, and going back to your question of $32 strike calls for October, yes, I really hope it gets there. I'm so [ __ ] hopeful that it gets there, but we can't in good conscience make a bet on that given the fact that we there's not enough time based on everything that we've seen here. There's not enough time. And if it goes there, it will be a blessing. It'll be a blessing, right? And the reason that it will be a blessing is for the same reasons that we spoke about if you guys were here with me during 2024. Our original goal in 2024 was to make a trade at 10 and then we had uh an indicator signal left on the weekly right here. And so the goal was to make a trade down here. Okay, the goal was to make a trade down here. We had our stop loss not at negative 400%. So we had our stop loss here, okay, at I think it was just below the low of this wick here. And then we had an entry where the stop loss was on that. This was the idea. All right. This was the trade. And then we wanted to get to the indicator signal that was left right there. That was the idea. All right. Now, imagine the number of people that were in my Discord that once it made the breakout and tagged the indicator signal on the Friday before the cat tweeted. Imagine my surprise when a bunch of the
1:06:39pe Surprise surprise. Imagine my surprise, right? When the people in my Discord were listening to the things that we had spoken about and once it got there, they locked in some profits, but they left some runners, some options, some trades, some shares, some things that they had going on with GME for the hope that maybe this thing could do something cool and continue to push up, maybe even retesting these highs. But but then the cat tweeted and suddenly those runners that we had hoping to get an extra 20 or 30% on went up 20 or 30,000%. Now imagine that same scenario, right? Imagine that same scenario where right now our first initial goal from this pattern or structure that we were trading from back over here. We were simply hoping to just go from here to the gap fill and indicator signal here 20%. What happens if it starts to break out of the larger structure now and goes to the bump and run target? Then what if it starts heading towards some of the gap fills above? Then it starts heading towards some of the indicator signals sitting above. Now all of a sudden a trade that you initially wanted 20% on has ballooned to 80. And then what if [ __ ] really pops off? That's how I trade. I have macro targets, macro ideas to attempt to aim for, but I always focus on what's in front of me first and then let it snowball, right? Let it go from here to the indicator. Let it break this bump and run trend line and let it go to the next one. Let it break through that box of resistance. Let it break through the daily 200 period moving average and then let it make a big move towards some of these more macro fibs like the 236 or the 382. Then all of a sudden trades started down here have ballooned into something I I you just couldn't even imagine. And it all started by simply wanting to go from here to here. That's it. That's how I trade. That's that's my focus. That is 100 out of 100 times what I try to do because it is so much easier to to to attempt to buy the low and then to emotionally manage a trade that I'm already up on. Like
1:09:26I'll give you guys an example of just this week. Chewy, you think I'm scared of a gap down when I bought the stock here? Okay. Yeah, it gapped down. I'm still up. What level of emotions or fear do I have when I buy a stock here and even at its worst moment, it's still above where I bought it? You can't imagine how much easier trading becomes, right? You just can't imagine how much easier trading becomes when you make things simple. And making things simple can be as easy as focusing on the clearest setup. And for me, the clearest setup is to go from these lows to the indicator signal. And now that we are getting an open and close, now again, it's still early, but we're getting an open and close candle above the 236, that's going to increase the reliability of getting towards the macro 382 where we also have to go through that first indicator signal and daily 50 to get to. The stars are aligning for a really big GME move that doesn't just stop, but starts to blast through these prior areas of resistance. Just remain calm. There are going to be days like today and going to be days like Tuesday where it hesitates or struggles or fails or pushes backwards. But I'm just going to say this to you. Did you ever hear on any of the cat streams, did you ever hear about this guy [ __ ] pussyfooting around and being a [ __ ] baby? Oh my god, the share price went down. Oh my god. No, because he bought it [ __ ] down here. And every little retracement didn't scare him because he bought it down here. And you don't think that it scared him from time to time when it went like this 30% in 7 days backwards? Or how about this? 35% in two weeks. Or how about this where the share price didn't budge for three months at his cost basis. But there's something to be said about levelheadedness when you take risk at lows. And look at the large uh large portion of the GME community right now that is very calm, cool, and collected because a lot of them took risk here. And now you're reaping the benefits of those. But guys, we haven't seen or done anything. This
1:12:43is the first [ __ ] inning of the breakout. We're maybe we're at the bottom of the first inning, but we've literally just started the game. the indicator signals, the bump and run trend lines, the macro 382s, the 80% chances, the harmonic completions, the tests of the moving averages, etc., etc. This game has only just begun. Things will get tough and things will get a lot of enjoyment and fun and and excitement, but in the midst you will remember and recognize all of those emotions that you will go through. Just remember, look at the [ __ ] volume. The number one thing on bump and runs when you make that final phase of the run is volume, volume, volume. And it's okay to have days where it doesn't do [ __ ] right? That's why I showed you guys the Tillray example, right? Because when we looked at Tillray, Tillray did something very similar where it made its breakout move and then it retraced and paused for a pretty significant amount of time. This wasn't nothing. Look at this. It made a 136% breakout and then it retraced a monstrous amount, 33% in 9 days. But that retracement ultimately found support pretty quickly. And then look at the rips that followed afterwards. Look at the volume that continued to show up on the breakouts. That's what we're looking for. It's okay to have hesitation and pauses and relaxing and chilling out, but once we get a little bit of a pause, which maybe today is that pause, you want to see the bulls step on the gas. The premium today and the options chain is very light. We don't even have $4 million. And look at this. We barely have $3 million in total premium. Th this is a very quiet day. So, just continue to remain patient, you guys. Just continue to remain patient. All right. Now, I saw there was a couple of super chats here to uh get through. So, let me just quickly open those up here. Brigy says, "Thanks for the extra GME focus lately. you rock. Appreciate you, my dude. Good to see you. Then we had SD Ber says, "At what point do we start thinking about tapping out uh of the warrants? I'd hate to let them expire worthless if it doesn't get near 32 soon. Would
1:15:42it be wise to sell cash them out?" Of course, non-financial advice. Well, I I don't really see that the warrants have done anything overly negative yet, right? One of the things that we have continually uh put a big focus on with regards to the warrants is that these are a derivative of the stock. Right? So imagine right here's here's the thing that you got to remember and again none of this is like I'm just kid the number one thing that you got to remember right is that because this is a derivative of the stock part of the reason that we saw such an exorbitant rise is because the market started to price in GameStop's earnings. There was a level of expectation that GameStop's earnings were going to be relatively positive. So the market started to try and price those things in. As it began pricing those things in, the implied volatility and the expected move on GME started to increase rapidly because it started to increase rapidly and because these are so far out of the money, so far beat down, these started to see an exponential rise in the price going into the earnings. Now, it's not surprising that basically ever since those earnings on Tuesday, the warrants haven't really done jack [ __ ] [ __ ] right? The reason for that is because that pricing in of said event has now come to a conclusion. The thing is with the current warrants as it stands right now is that there are further events that are still laying in weight and it goes much deeper, right? This goes much deeper than just the events. There are also short sellers that are likely to begin covering to some extent on these warrants. Not every single person likes to hold them right to the expiration, truth be told. So there's a level of expectation that not only could we see short covering, but if we were to continue to see GME make a significant rise and breakout move, those warrants are going to move uh lock in step with GME, especially if we were to see a much larger breakout move of like a 10 or 20% candle. So, what I'm kind of just looking at the warrants right now is I'm really just saying, you know, nothing of significance has transpired that makes me
1:17:58I'll say overly zealous to act on anything yet. I know that the uh percentage moves that these things do every single day is high. It's because it's out of the money. Like, it really is an outofthe-oney uh derivative, right? So, I know that there's a lot of motion in the ocean and and ultimately like it's going to boil down to your guys's risk tolerance. Are you happy with the profits that you have seen from the trade that we made here? If you're not happy with those, then my suggestion would be to simply say, you know, move stop losses to profit and make the smart decisions, right? Go into somewhat of a protective mode for the in case [ __ ] happens. But at the end of the day, like I don't really want to walk away from the warrants right now when I have clear targets above that the indicator is suggesting we can achieve. And if we were to even sniff near 22 in the next week, like say the next 7 days of price action, I would make an assumption that the warrants will probably come very close, if not uh will break through that macro golden pocket or at the very least test it at $3.50. So that's kind of my thought process for right now because I have those indicator signals and because we're so close to to tagging them or already trending in that direction. It gives me some confidence to sort of say with the warrants, you know, I I think that we can continue to push with those. And I think that we could continue to see uh a healthy move that could help push the price of those warrants back above $3 towards 350 and again maybe even towards new highs of like $4,450. Again, it depends on how big of a move that GME ultimately makes for us. So GME left a one minute indicator signal back here. It's not a big one. Uh not super reliable, but I'm just marking it off in case this turns out to be fake and gay. But so far breaking that little one minute RSI wedge there. And then you got GoPro. GoPro is showing a ton of strength getting now up to that golden pocket. And it's breaking that 30 minute uh RSI trend line that we mapped
1:20:07out on there. So again, you got to get through 170. That's the big one on GoPro. All right. So there's GME trying to break out of that one minute RSI wedge. I we're going to see this is this a pretty big area of resistance. It looks like between uh 2010 and 2020 looks like this is a pretty big area of resistance for whatever reason. I almost want to say that looks like a cup with handle almost. Almost it's shitty. Then we could also maybe just map off this resistance. We don't you don't have to do this, but there we go. Got a little resistance mapped off on there. So maybe this one minute wedge will turn into a two-minute wedge. That wouldn't surprise me. There we go. That would be pretty sweet. Could live with that. All right, so we got the two-minut time frame on there. We'll see if this turns out to be a weird awkward cup with handle, which maybe could give us a new high of the week. That would be sweet. And then let's check in with the chat box back over here. Let's get to all messages. Let's see what you guys are saying. So, Glenn on a breakout. Oh, [ __ ] yeah. And the stock is green. I don't care. Have we listened to any metal yet? You ever checked Rory Kittinger's chart? I just looked [clears throat] at it the other day. I wanted to see if if uh his profile thing had updated at all, but it hadn't. So, bummer. Then what else? Okay, so GME 2013 trying to make a little bit of a breakout. Still not a ton of volume behind the move, but that's fine. Nice little nice little attempted break. Oh, and there's the chair making some clicketity clacky. Don't talk backy. Then you've got spy trying to get back towards highs of the day. So spy attempting to break through the 15minute 8 EMA. Still having difficulty. Yorgborg, good to see you, buddy. Yorgborg, good to see you. Look at that 25 months blue rocket. Legend GME Jimmy Jimmy come on Jimmy come on down. [sighs and gasps] I would just like to see some [ __ ] order flow. You know, it today is so light. I think the reason that we're seeing it Oh, there it is again.
1:22:42I think the reason that we're seeing it so light today, guys, is because uh tomorrow we have CPI coming out. So, if we go here, you guys will see big data coming out tomorrow morning. Big data coming out tomorrow morning. CPI inflation data. So, that'll be a big one. That's going to be a big one. So, everybody in the market probably waiting for that. That's why we're seeing the market be [ __ ] lazy and weird. Like super [ __ ] weird. [cough] Rory Leech, wouldn't they just lower the strike on the warrant? What do you mean? What do you What do you mean could drop the What? What do What do you guys mean by that? Like you mean you mean lower the exercisable price of the warrant from 32? I mean, wouldn't wouldn't you have imagined that they would have done that already? I mean, there's there's literally a month and a quarter before those expire, you know, and we're $12 away. You you would have thought that they would have done something by now if if they were going to. I think it would look absolutely terrible if they changed the strike price of those warrants with like a month left. I think they would look sort of inept to be honest. So, I I actually hope they don't do that. If the warrants expire worthless, I mean, it is what it is, right? Anyone that actually just got the warrants for free and then sold them, they're the ones that quote got the dividend, I guess, right? But at the end of the day, you know, if they expire worthless, I guess all it really did was cost us a couple million dollars in fees, which is not the end of the world, but I also wouldn't be very thrilled about that. So, you know, I guess that's what I would say that that's probably what I would say to that. All righty. What else do we Oh, there we go. GME. There you go, folks. G M E with a new [sighs] high of the day. Oh yeah, folks. There it is. A new high of the day, 2017. Now, we're looking to break uh the highs of this week. Currently, let me just let me clear this out for a second. So, currently the high of the week is
1:25:03right here. So, we're going to drag that across and we'll make this green and we'll put high of the week on there. We'll mark it in gold. There we go. And then maybe we'll make it less big there. So, that's the high of the week there, folks. So, that's what we're looking to break next. and then uh head towards the indicator signal. I don't know how far off that. I probably put that really [ __ ] far away. There we go. And then what's it at again? It's 20 2046. Yeah, there we go. Aha. And then there's the indicator signal. And I'll just put it on there. All right, folks. Here we go. GME is going to go for a high of the week. GME is going to go for the high of the week. [snorts] Come on, you bastard. So, GME 2019. That's the high of the day. 2019. Come on. 2020. Oh, 2023. Come on, you son of a [ __ ] Go, go, go, go, go, go, go. Come on, chat. You got to spam 2025 in the chat. You got to spam 2025. That's the high of the week. You got to spam 2025. We need 2025s in the chat. We need 2025s in the chat. ASAP. We need them ASAP. You've got to do it, chat. You've got to do it. You've got to do it. I said good day, sir. I said good day. Look at that volume. Good grief. Is there something coming in? Maybe. Let me I'm just checking the whale feed. Nothing. I'm going to check the darkpool. Nothing. Going to check the order flow. Um some bullish orders. 22 strike calls and 20 strike calls. So, there was a little bit of an order there. Yeah, there was a little bit of an order. Not huge, but a little bit. It's like 100k total so far on the 22 strike calls for 2028 June. And then the 20 strike calls maybe some covering maybe that I mean it was this shiggity schwah but it was something. So we're trying to get 2025 folks. We're trying to get 2025 to hit the high of the week. Uh we did leave a little one minute indicator signal. It doesn't look the most reliable, but that's, you know, we're just going to mark it off there anyways. And
1:27:51then let's get 2025. Come on. Come on. 2025. 2025. 2025. Come on. Come on. Come on. Come on. Come on. Come on. Don't make me put an order in for 2025. I'll [ __ ] do it. I'll [ __ ] do it. Don't [ __ ] make me. I'll do it. Don't you [ __ ] make me. It's so close. You know, maybe it needs a song. Wait, is this harmonic? I don't think so. I don't think so. No, this this number is going to be terrible. No. Yeah, that's just not going to work. What about No, that's not going to work either. Okay, good. All right, so GME 2019. So, retesting those same highs. Look at that, folks. Retesting those same highs. So, for whatever reason, this area is a roadblock of of resistance. There we go. So, let's see if it now pushes us right back to the indicator signal fill on the one minute. I I hope that it can just wick into some of these EMAs and push us off again. That's that's what I'm hoping. So, we'll see what happens here. The volume was good. I It can't just be those options. Like, there's no way. Checking back to the darkpool quick. No, there's nothing. Let's look at net flow on GME. So, GME's net flow, nothing. Nothing. Look at that net flow. That's crazy. Nothing. Nothing. It's There's nothing. That's crazy. All right. Well, let's see what happens here. Let's see if we can get that little boost. Let's see if we can get that boost. Come on, boosty boosty. And then eBay. So, our eBay harmonic is also working out quite well for us. So eBay since that little harmonic completion managing to hold this area support somehow someway. Don't know how, don't know why, but it's awesome. Uh, Chewy is holding up well. Good bounce so far off of that golden pocket. GME trying to find its way to the high of the week, folks. It's it's it's going to try. It's going to try. Let's see if we can get some order flow to show up here. Let's see if we can't get some order flow to start piling into this a little bit to help propel it. What what I half expect is to see just a massive candle that gets through it and then
1:30:47just goes right back down. That's that's half what I expect. So, let's just let's see what how this plays out a little bit here. So, we're still above all the one minute EMAs, which is good. Let's see if we can stay above that eight. The eight is in red. Uh did we we didn't leave any indicator signals on any other time frames, did we? I didn't think so. [snorts] No. And I know that this one on the 10 and the 15, I know that this one's been filled. The way that you see it isn't the way that it fired. Opened here, fired down, and then picked back. Okay. So, yeah, that one's fine. Back to the one minute here. Quick. Yeah, it didn't leave anything really on the down. Uh, I actually wanted to check quickly. It's the 15 minute. No, it's the 30 minute. Not really. Hourly, five minute. No. Okay, just stick to the one. Okay, so let's see. Uh maybe we can pull a quick fib from low to high. Just see what that gets us. All right, there we go. So, little micro fib action just in case. All right. And then let's check in with the chat box here. Everybody loving 2025. High of the decade, please. Oh, we're we're working on it. Thou shalt not pass. [laughter] [gasps] Oh, you bastard. I hate you now. I wanted you to know that. I hate you now. [laughter] All right, let's see here. GME. Not much to say. Checking on some order flow for a couple other stocks. Let's check in on Unity. [snorts] Unity 55 strike calls. This is a cover. I'm pretty confident. I'm very confident, in fact, that this is a cover. So, somebody sold short here and it looks like they're covering here. So, I'm pretty confident that somebody is covering a bearish bet on Unity on those 55 strike calls. So, they're finally moving away from those. That was only a couple That was like two weeks ago, huh, interesting. GME finding a little bit of its footing there. Checking with some Chewy order flow. Chewy never gets anything. Chewy always has just the worst. What the [ __ ] was What the [ __ ] was yesterday? That's interesting. Chewy doesn't really get flow like that. What was yesterday? We better look at that. Hey,
1:33:33we better look at that because that's interesting. GME 2020. So, it's going to go for it again here, folks. So, sorry. I just wanted to look at this thing on Chewy from yesterday. So, we got GME here. Don't worry, I still got you locked in. 2019. Currently, our high of the week is 2024. That's the number we're trying to break. Net option. So, let's see this. So, 20 strike calls being sold for 300 grand. Yeah, but look at the look at the change in open interest. It only went it went down. So, that doesn't that doesn't feel like a new position to me. That looks like somebody that longed it here and then covered it here. That's what it looks like. And then what about these puts? What are what's this going on here? Yeah. So, those are brand new sold puts 2025 uh excuse me uh 25 puts for 2027 January on Chewy. So, 25 and then these other 25s for December. Wow, there's actually a lot. Somebody did a pretty sizable trade here on Chewy. I'm going to have to mark this down for later. So, we'll talk about that later. But, uh we'll keep it locked just on GME here for a minute while we wait to see if GME can break that high of the day and high of the week. >> [snorts] >> So, back above the 8 EMA on the one minute time frame there. That's good. We could even try putting the hull on here. I don't love using the hull on such a small time frame, but we could give it our little shot. There we go. All right. So, let's see if we can continue to stay above that hull, stay above those EMAs, lift up and towards the high of the week. see if we can get there. So, it's going to be a battle. We're checking in with the chat boxes. The chat box says here, let's see. Be a lot neater if you played metal. All right. All right. All right. Um, oh yeah, you guys wanted me to look at that. So we can go to Rory Kittinger stock charts. Oh, there we go. I think it's this one. Wait, wait, wait. Rory Kitten, I did spell that right. Right. Uh, okay. Maybe we'll just try this. Guys, at the at the
1:36:44bottom, you say at the bottom. Okay. There we go. That was weird. I wonder why I couldn't couldn't find it. That was weird. So, yeah, you guys were saying his uh PMO indicator thing crossed today. Somewhere on the bottom here. Yeah. So, this one. So, you guys are saying that this black honky tonk line crossed that blue honky tonk line. You guys are saying that's the the PMO cross. I'm assuming that's what you're talking about. Looks like it's more important when it goes through the uh signal line. That's what it looks like to me. Okay. Well, came we saw. There you go. Still hasn't updated since April 2024. Bummer. Then GME battling it out at the hall now. spy doing whatever it feels like. And uh Jackie is going to go heat up his coffee and take a quick little uh bathroom break. So I'm going to just play one song here. We're just going to play one tune. We'll play a quick one here, too. >> Okay. [screaming] Kids gang in this [ __ ] Sky daddy on the charts. Let's go. [music] Go, cut, go. Okay, go cut go. Okay, go go. Let's go. >> From the discard trenches. Deep in the south. Scott Daddy dropping charts. Ho, shut your mouth. Technical analysis. [music] Straight heat for real. Candles line up. Watch the green get in the chest every day. No days off. Trades [music] get shed, then the money get tossed. Jackie let his strings. He locked [music] in tight. Southern boy grinding from morning to night. Who that is? God daddy. [music] Who that is? God daddy. Dropping drop them levels. Make bacon. I'm scatter. Who that [music] is? God daddy. Who that is? God damn. GG. Discord. God. Ain't nobody better. God daddy. [music] God daddy. What? Tick gang king. He running this maps [music] in the chat. He a so fat jack on the screen. He never missed that sky [music] sky sky sky. Okay. Scott trading god stating [music] that cash from the discord to the profit. Watch it go fast. Scott [music] dropping cash on your mama's fatty. Waking up early premarket heat. Boasting them settles that can't be beat. Supporting resistance but not your clean. He see the move before it even lean. Jackie lakes loud. [music] He right there tuned in. Calling the place while
1:39:38the volume spin. community. Why? When he drop the alert ride with Scott Daddy, [music] >> that's the word from the group glow to the YouTube. Scott Daddy keep no fluff. Just fact [music] signaling mis gangs forever. We train through the night. Yeah. Okay. Sky daddy up on the sky. Sky [music] gang king. He running this map. Chs in the jack so fat jacky [music] eat on the stream. He never missed that sky sky sky sky. Okay. [music] Sky daddy trading god status stacking that cash from the discord to the profit. Watch it go fast. [music] Sky dropping cash on your mama's fatty daddy. [music] Okay. We are sky forever. body better watch Sky Daddy when he on the scene. [music] He may show up with his trusted trader tag and steal [singing] Darling Sky. >> Yeah. [screaming] Gang OG up in this [ __ ] Turn the pop in the building. [screaming] >> [music] >> Time to pay that tax, [ __ ] [music] Yeah, yeah, [music] yeah. Everybody panic when the candles go red. The body in the disco got a game plan instead lines [music] back heat. While the chat screaming, do we sell this week? No, we react with the fire, we act with the laugh. [music] Breaking down resistance like you teach a math class. trust to trade a tag hanging proud on his chest and body says [music] load up then you know it's the best the type you trust with your whole damn stack then bring him home [music] to mom in a Cadillac mom this is my friend body he sha [music] like a pistol grip she like I made he's a trusted trader legend in Jackie's group [music] name lighting up the whole damn screen OG legend of the TGC every play hitting like a shotgun [music] blast when body rolls through we make that Trust the trader certified meme king with the green name [music] in the club. I check the name tackle. If you ain't done with money then [ __ ] you got to go forever in the discord [music] game. Everybody know the damn name r the market crash and burn today. We still riding with the king of Friday night with [music] the game box loud. Body walking like you own the whole crowd. Lean on the counter with [music] a whiskey
1:42:30grin. Trusted trader tag. Baby, where you been? Usually flop chicks ain't impressed till darling [music] rolled up in a leopard print dress at Oracle. Broken call don't care. 13 damn kids put it wild everywhere. [music] Virginia Slims always get in the mood. Car beer or B. But when body cigarettes, Darling raced [music] over with a raspable scooter body. Now king of that trailer park. Now we tell the story every damn week while he posting Fibonacci levels [music] peak to peak talking gamma squeeze and liquidity blowing while the discord screaming buddy let's go [music] songs playing loud from the jukebox chart tax made in chat now just rock ta on the screen and shots at the bar if you need a new [music] play better hit that thread got the knowledge lock deep in his head react guy t [music] everybody watch when the notifications ring green blow like radioactive fame >> [music] >> Kids gang legend. >> Remember the name one of a kind [music] while he out is mine. OG legend till the servers die. Show respect when the man walk by. Discord [music] hero with the market flame. Everybody ching out the damn name. Raise your drinks and let the whole room sing. Blow the king of the [music] tang ring. Yeah. Gang way yeah. [music] Green tag [music] forever, baby. Tit gang for life. [music] In the chat. Coach long hair with another [music] shout out. Banger. Bring your emoji react for this one. Let's [music] go. [music] [cheering] >> All right, one more. Just cuz you What? Negative premium. Negative premium. Negative premium. Negative premium. [music] Negative premium. Negative premium. Negative premium. Negative premium. Negative premium. >> [music] >> Premium premium negative premium premium negative premium negative premium negative premium negative premium [music] premium negative Negative negative [music] negative negative. [music] >> [music] >> Make it freaking freom. Make it a premium. Make it a premium. Make it a premium. Make it a [music] premium. Make it a premium. Make it a premium. Make it a premium. Make [music] it a premium. Make it a premium. Make it a premium. Make it a premium. Make it [music] premium. Make it a premium. >> [music] >> Are you ready? It's almost time to buy a dip. [music] Hold the line. Support is coming. We're writing rhymes. Dancing the jig, having times of
1:47:35our lives. [music] Load up, take pull that trigger, let the shares fly. Load up, take [music] pull that trigger, let the shares fly. There's money completion, bullish divergence. [music] Tell your wife's boyfriend you're about to make a purchase. Whales on the sidelines, essence of felines. I smell Ty's cooking. Get ready to die. Load [music] up game. Pull that trigger. Let the shares fly. Load up. [music] Pull that trigger. Let the sh now till the bottom is in. The pain wasn't [music] for nothing nor was it. So all gather around. Raise a glass for the gang. Our day has come. Go with a bang. Heat up >> [music] >> here. Load [music] up. Take a [music] pull that trigger. Heat. Heat. [music] Far [screaming] there I lost myself. I lost myself to quit my mother [music] for a minute. I lost myself. I lost myself for a minute. [music] I lost myself. I lost myself for a minute. I lost myself. I lost myself. I count in the red. Couldn't sleep. Couldn't eat. Tang [music] kept me breathing. Kept me on my feet. Tangled the [singing] bottom by my G me. >> [music] >> Now I'm in the green became a weapon. [music] [singing] Diamond hands display going to hit. [music] Can't stop this train. Ryan push the button. Better reload the trade. Kitty come finish this [ __ ] cuz we [music] about to get paid. We escape. This is GameStop for [music] a minute. I lost myself. I lost myself for a minute. I lost myself. I lost myself. 72 and my life starts to change. 120 to 220. Can't wait till we hit 3K. I scream to every [music] [ __ ] millions coming in and I never stop [music] believing. We escape. This is GameStop. For a minute, I lost myself. [music] I lost myself for a minute. [music] All right, last one. Last one, I promise. Sorry. >> [music] >> Yeah, the chart we're looking at [music] is in GMP. The merger is looking mighty good to me. Ryan's been secretly [music] buying up the store. Next thing you know, he'll fire all of eBay's board. Ryan took 5%, [music] made it six and a half, buying synthetic longs with an evil laugh. It's only a matter of time. [music] Click clack and tick tock. The offer is on the table.
1:52:04Half cash and half stock. I didn't trust the F. I didn't panic. Sell and [music] fold. Held tight through all that weakness. Kept my nerve and never sold. If you're keeping track of every trading slip, check my order history. I've been buying every dip. [music] I've been buying dips all year. Dreaming of my ass. Confident with every share. When the charts look cursed and everyone [music] jump ship, I just grabbed my shares and bought another dip. >> [music] >> I loaded up so good this time. Diamond hands are aching, but still they shine. [music] Hostile take over, half stock and half cash. When that happens, we're riding straight to Mo. [music] Ryan went on a media tour. Started with CNBC. They didn't understand. [music] Couldn't see what we see. What was so hard? It's on the website. Honestly, have cash and >> [music] >> Hey kitty [singing] kitty Jackie and the [music] tittious GME going to the moon. The whole Discord laugh to see the shorts trapped expecting warrants to pop off soon. Hey titty titty Ryan Cohen's getting giddy. Kitty came back with a tune. The whole market gas when he tweeted at last and GameStop [music] went chasing the moon. Hey Teddy Teddy, the merger looks ready with rumors all starting to bloom. The whole discord [music] stirred at each whispered word expecting a merger real soon. Oh Larry, Larry, extraordinary [music] cash and cash equivalents balloon. All the hollow men can go get bent one by one. Kick them out of the room. So kitty kitty, [music] do you think it's ready to launch this rocket to the moon? The whole discord waits with their eyes at the gates for the squeeze to come roaring in soon. [music] >> [music] >> Hey kitty kitty [music] Jackie and the titty is GME going to the moon. The whole Discord laugh [music] to see the short strapped expecting warrants to pop off soon. Hey titty titty Ryan Cohen's getting giddy. The kitty came back with a tune. The whole market gassed [music] when he tweeted at last and GameStop went chasing the moon. Hey Teddy Teddy, the merger looks ready with rumors all starting to bloom. [music] The whole discord stirred at each whispered word expecting a merger real soon. Oh Larry, [music] Larry, extraordinary cash and cash equivalents balloon. All the hollow men
1:55:08can [music] go get bent one by one. Kick them out of the room soon. Kitty kitty, do you think it's ready to launch this rocket to the moon? The [music] whole discord waits with the rise of the gates for the squeeze to come roaring [singing] soighty [music] everybody. Alrighty everybody. [laughter] [gasps] Oh, that's a good tune. [clears throat and cough] So good to see you guys. Good to see you guys still in the chat box here. We had some super chats. We had Nick [ __ ] Brian telling us to play one more. One more. And then we played five cuz I suck. [laughter] And then he also gifted five memberships. Boom. Five gifted five gifted memo ships. Everybody do the And then we had peaks and valleys with the $20 B marino. He said for the trusted traders in the Discord, have a great day TT. Good to see you, buddy. Good to see you, Larry. Larry so extraordinary. Thank you, Mr. for peaks and valleys. Much appreciated, my boy. And then there's Oracle. Time out for Oracle with the $10. And he said TG, which stands for time time me out, gang. That's what TG stands for when Oracle says it. Says time me out, gang. So, all right, Oracle. I mean, you you asked for it. So, what what what more do you know? [laughter] So, what do we have going on here in the chat box? Hey. Yeah. Yeah. Yeah. Yeah. Yeah. Yeah. All right, one minute indicator signal now beginning to form on GME just like it did down here. So interesting that it's happening in between one that hasn't actually filled yet. So that actually bodess pretty well for us on a potential breakout. Oh, please, please. Oh, please can you break out just for us to see the moon? It's not too late or too soon to take us to Tendy Town. Maybe if we keep saying that there's a good chance that GME could break out if we keep this tune alive. So maybe if we ask it very nicely with a hope that the stock will make a breakout and we won't smoke lots of dope. Well, that's a lie because I'm definitely going to get stoned for sure. That's 100% going to happen. So I don't know that I can hold my word to that.
1:58:23But if it helps make the stock go up at this stage, listen, I'll I'll I'll do it. I'll do it. All right. I'll do it. You don't got to tell me twice. We'll put this here like this. And then we'll put this here like this. And then you kind of you got this fun little structure that's beginning to form on GME, which is good. Good. You got like an ascending triangle, which is good. These are really good chart patterns. So, go over here to pattern index and then go to Oh my god, what do they [ __ ] call these things in here? Ascending wedges, ascending triangles. I think it's this. Yeah, there you go. So, this is kind of what we got going on here. This is what we got going on here with GME right now on a very small time frame, but regardless, that's what we got going on there. So, hopefully this can lead to a breakout. These are pretty good continuation patterns if I remember. Chart pattern rank top 10. I'm pretty sure these are good for continuation ascending. Yeah, number nine. Number nine bullish continuation pattern in the market. So hopefully we can see this make a breakout from here. And the way that we measure this is going here to here. Put that at the top. That places us at approximately 2030. Approximately 2030. if it were to break out. So, that's what we're looking to see if it can give us that breakout. Okay, [sighs] sweet, sweet, sweet, sweet. So, let's see if we can hold inside of that triangle structure. Also, the indicator signal is beginning to fire off. So, that's interesting as well [snorts] because now what's going to happen is either one of two things. Either this is going to shoot down, fill this one, leaving one up here, or it's just going to rock it, leaving a secondary one back here that we'll have to come back and fill at some point. But I don't want to worry or think about that right now. So, let's just see what happens. Let's see if we can get that triangular pop. Give me the ascending triangular pop. And maybe, just maybe, we can make a big rock. 2our stream mark. Thank you, Jackie. Let's stream two more. What's up, Nam Nation? Good to see you,
2:00:45buddy. Apprentice to life. Where's Can't wait to quit my I can't wait to quit my 95. I think the issue is that you have that M there for Mumbo and you need a W for wombo. Ah. Ah. Silly me. Hold on. Hold. Just give me a second. Wombo number. Watch this. Watch this. This is going to be hilarious. Wombo number 2025. Get it? Get it. Cuz shut up. Shut up. Shut up. Right. is mumbo 20 25. Get it? Get instead of what? So, shut up. Just shut up. Just shut up. Just shut up. Shut up. We're just pretend like I didn't say that. Shut up. It was a good attempt. That's the best that we're not Listen, we're just not even going to talk about it anymore. Look at spy. What is this? What is this? What is this? 76 cent range. 76 cent range for an hour and a half. What are you doing? What are you doing? Stop. Stop it. And then GME testing the low of that triangle. Please hold. Please. Please. [sighs] Like I said, if it doesn't, it's going to leave an indicator signal back up there, which is bullish and positive. Uh maybe this could be a weird awkward harmonic. Maybe [sighs] I'll mark it off. Why not? I don't I don't really love it, but we'll mark it. So, first the triangle. See if we can catch a bounce on that lower triangle trend line. That's That's the first spot. See if we can get some support there. And then spy. Spy is just blleh. Spy is blooby blue. There's nothing. And the chat box. I get knocked down, but I get up again. Are you ever gonna stop shorting me? I get knocked down, but I get up again. Can you ever stop shorting GME? I get knocked down. Oh, boom. Oh my gosh. Yes, chat. I get knocked down, but I get up again. Can you ever keep GME down? I get knocked down, but I get up again. Can you ever keep GM down? I get knocked down, but I get up again. Can you ever keep GM down? Ooh, Jimmy boy. I get knocked down, but I get up again. Can you ever keep Jimmy down? Let's go, folks. That's a new high of the Wii. Oh, you love to see technical analysis working
2:04:04in real time. Huzzah. So now the only thing that we've kind of done at this stage like with that big massive candle that we've seen there that has broken the highs of the week and the highs of the move that we've seen thus far with that move you guys. Okay, with that move that we just saw there with GME just make a little mental note that it did leave a one minute indicator signal back on this low at 2017 as well as 2003. So, don't don't get like too far ahead of yourselves, okay? Don't get like, you know, crazy mega stupidly hype. We still want to see premium. We still want to see buyers showing up for us, right? The premiums are still relatively low. Now, having said all that, right, we did just see uh about 15 minutes ago, and we're going to look here again. Yeah, about 15 minutes ago, folks. Look at this. These were probably four of the largest darkpool orders that we've seen in about the last week. 1.7 1.5 7 uh 760 and 760. So that's 1.5. That's 1.5. So that's three total and then another 1.7. So it's almost $5 million. It's four and three quarter. That's it's not nothing, you know. So so far so good, folks. We have officially made a new high. Look at the daily candle attempting to break the daily 50. Go you bum. Go you bum. Oh yeah. Oh yeah. Oh yeah. Yeah. We got to be We got to be nice to GME. That's what makes it go up. We got to be nice to GME. That's what makes it go up. So you're a good, precious, kind-hearted stock with really nice hair. If you had if you had hair, if you could if you were a stock and you had hair, you would have here. Hold on. Actually, let me let me fix this. Hold on. No, just just just just just just relax a second. Okay, just wait. I'm going to I'm going to fix this travesty right away. We're going to fix this. Okay, here is GME's hair. All right, so if you had hair, this is what your hair would look like. be flowing, luscious locks, just big bright yellow blondish, whatever. You know, this is this is what GM He'd be like a surfer, bro. He
2:06:37was a surfer, bro. They said, "See you later, bro." He couldn't hold enough of the stock. So, here you He's Look, we got GME got this luscious bright yellow gold long hair, right? Look at this, dude. Look at this nonsense. This is crazy. Right. So, if you did have hair like this, GameStop, this is what I would imagine it would look like. So, you know, I I'm gonna be honest with you. I forgot what we were talking about. I got so focused on the drawing that it's just a good thing that GME is going up. And that's what I think. So, it's good. It's good. And there she is. There she is. She's awake. She's up. And at him, it's the wife. Would you look at that, wife? >> It's a new H. >> You have to pee. >> What do you need? [laughter] You just like stomped your foot at me. Okay. Apparently, she has to pee. All right. Good. Good. Let's get it. I'm still trying to find where that volume just came in on GME. I I still have yet to see it. Hm. That's weird. I wonder where that volume cuz that was a big bar. Like that that was a not [ __ ] around bar. I think that was like the biggest of the day actually. Uh not the biggest of the day, but it Oh, but it was the second. Yeah. Second biggest one of the day. Second or third biggest one uh one minute volume bar. So, it wasn't nothing, that's for sure. >> Oh, hey So yeah, GME doing well. I mean, it's not it's not amazing, but it like it's green and it's positive and that's good. And we just made a new high even compared to yesterday. >> We just broke that. So there's there's positivity in the air. There's excitement. There's happiness. There's energy. More energy. More energy. More passion. More passion. More footwork. More footwork. More energy. More energy. More passion. More passion. More footwork. More footwork. More energy. More Oh, sorry. ear. [laughter] >> Well, I'm out of coffee, so all right, let's see what the chat box has got going on. Everything has just like grinded to a [ __ ] halt here, folks. Everything has grinded to a halt. Checking in with the chat box with the chat box
2:09:13saying, "Let's [ __ ] go bump and run." Sweet, sweet Jimmy boy with the flowing hair surfing a top the [ __ ] tides of the market. Man, we could write a book about this guy here. Let's give him some Let's give him some squiggly eyes. There we go. We'll give him some squiggly eyes. Boom. What's he looking at? Price going up, obviously. Look at there. He's watching price go up right now. Let's give him a big smile. big smile in green because obviously and then a nice little nose. Right there you go. He's got a nice little nose. And then maybe he's got a scar. He's got a scar on his forehead like Harry Potter. He's got a Harry Potter scar on his forehead. And that scar is from Price Action of of months past. So there you go folks. We've got uh we've got our own version of GameStop. Now, if you just all you got to do is actually just put your head upside down and you'll see that's what GameStop looks like, but I know for some of you it's probably difficult. I mean, you could just flip your phone upside down. Please press Alt + I. What does that do? I don't like that. Oh, I'm scared. How do I undo that? That's Look at that, folks. So there's there he is. There he is. There's GameStop. Oh, he's he's looking the wrong way now. There you go. So there's GameStop. That's that's that's what our GameStop character looks like. There you go. There you go. GameStop live in the flesh right there. I We will eventually give him a body, but hopefully Pyro Jim will teach me. Oh, okay. Good. That was good. That was good. No, it's good. It's good. I got it. Listen, I'm not that big of a boomer. Calm down. I got it. I got it. I got it. I got it. I got it. It's good. We're good. Ever since that candle, what the [ __ ] is this? That's That's very interesting. Literally, since that candle, nothing nothing. Look Look at that. That's crazy. Now Now it's trading like a penny stock again. That's cool. Wombo number 2025. I Yeah, it's I I don't know that I would call it a flag just because it's so weird. Like it it really is weird.
2:11:51But listen, if it breaks out here, you're going to look like a [ __ ] genius, right? So, let's see. Let's see. Let's see if it gets the breakout. I mean, it just made a new high of the day. You love to see it, folks. You love to see it. Jimmy making a new high of the day of 2027. Look at that daily candle continuing to grow. Ah, you love to see it. Now, where are we at on the Donian channels? We haven't looked at those in a little while. So, let's take a peek. Donian. Oh, Donian. Look at that, folks. We're actually breaking or we're beginning to finally propel the top Donian channel band. Look at that. We haven't hit the top donian channel band in holy [ __ ] [ __ ] folks. We literally haven't hit it since May of 2026 and we're currently hitting it. And the cool thing about the Donian channels is the Donian channels uh move with price. So if it hits it, just like you see it hitting it here when it was red on this day, it pushed it all the way down, right? And then you see it hitting here and pushes it lower, right? because price stays in between the donkey and channel lines. So now hitting the top side of this could start to suggest that we can start to push this and propel this higher which could then also help to bring this up like this. Okay, I know I know I know I know I know I know I know I'm I know I know I know sorry. Okay, what you could see is the donian channels do something like this where it comes up and then like this right? You could see it do something like that. Then you can see the center line come up like this. And then if you see that, what's really kind of exciting about that is the fact that we haven't seen the lower donian channel actually rise since all the way back here. You have to go all the way back to February of this year. the last time that we saw the lower donian channel rise. There's the possibility that now that we are pushing to the new high of the month that we could see that upper band rise while it
2:14:06brings the lower band up with it and then brings the center line with it which also propels a higher average, a higher mean, a higher supportive line that kind of gets drawn in the sand that says, "Okay, you stay above this, things remain bullish. You go below it. Okay, things are no longer as bullish as they appear." But so far, look at how much we have now propelled through the center line of that donian channel since this break here on Wednesday. I mean, now you're breaking the daily 50. You're hitting the top side of that donian channel. I mean, it looks great. Now again, there's still three hours and 56 minutes. There's a shitload of time for lots of these things to change. So that's why I'm saying don't get too high, don't get too low. It's very healthy to be excited about what we're seeing. You should be excited about what we're seeing. This is amazing. We're actually witnessing that bumpand run technical chart pattern play out. You're seeing it. We're creeping towards those indicator signals that we've spoken about right here. Is it 2046? Yeah, 2046. Then you've got the two-day one at the gap fill that we've also spoken about. We are making tangible moves towards those targets. Don't get too high. Don't get too low. Let's celebrate once we get up to that $22 area gap fill because then that's where we can start talking about locking in a little piece of our profits. We can start taking little pieces of pie off of the table and we can start talking now about potentially seeing a more macro reversal on this thing that could take us towards those targets of 30, 32, 40, 50, etc., etc. This is the beginning. I I I can't say this enough times. This is the beginning. And we now have, if we turn our attention now to the RSI, one of our favorite indicators here in the uh in the tits gang, the RSI is now creeping towards on the daily, by the way, on the daily, creeping towards entering the bull zone. We have not been in the bull zone since back over here when Bur and Ryan were buying. That was the last time that we had the RSI enter the bull zone on the daily. Prior to that was just before the
2:16:45uh just before the warrants before the warrants were uh distributed back over here. We now have a chance to see this daily RSI enter into the bull zone, which could be the first real entrance into the bull zone in a long time. And not just in a long time, but then you could also see the stock make some level of continuation. We just broke out of the bare zone and now we're already looking to get an entrance of the bull zone, right? We just went bare to bull. Well, again, we haven't gone bull yet, right? But we went bare and almost to bull so far in 13 days. That suggests a level of shifting. You're seeing some bulls begin to to step on the gas pedal a bit or perhaps even some shorts beginning to lay off the crackpipe. But we are witnessing a little bit of a shift. And if we can get that daily RSI to get into the bull zone, we can see some further continuation of this move towards those targets. We just have to be patient. There's going to be a lot of [ __ ] There's going to be a lot of ups and downs and highs and lows. That's why I'm saying to you guys, just remain emotionally stable. Not too high, not too low. We're allowed to scream and shout and get excited about new highs of the day. We're allowed to get crazy. But guys, don't make silly decisions just because of the hype or the excitement. The trades that a lot of you guys and myself were making were back down here. Not not here, not here, and certainly not here. Right? So, don't make silly decisions. Don't feel like you're forcing yourself to make silly decisions. There's a lot of technical chart patterns and a lot of things that we still have to get through. And I'll say part of the exciting thing here is that listen, if it finds resistance at the top side of this trend line or even where it is now and begins to push back towards the 236, this 236 could open the door like that AMC trade where suddenly an idea of looking at an entrance here to try and make that move towards the 382 isn't so stupid. But those are the things that we're looking to
2:19:14develop. Those those aren't necessarily things that are developing. This is already sort of it's it's in the midst of a move. So now what you're looking for if you're trying to make that trade is for it to pause and then return. If it never gives us that, then there really isn't a tangible trade that you need to force yourself into making. Here we were watching the Ballinger bands. We were watching them squeeze. Then we spoke about the uh the the the little secret thing, right? And then we spoke about the indicator signals. We spoke about the inverted head and shoulders. We spoke about the RSI center line. We spoke about breaking it and how important that would be to seek the continuation of this move through the 236. Those are things that we spoke about two to three weeks ago. Not now, not as it's making that. It's in the midst of that breakout. So what I'm saying to you now, I I know what you're thinking, right? Oh my god. GME is breaking down after hitting that new high today. It's so so GME. Look, look, look. See this that's that's why GME going down there. All right. So, and don't don't sweat it, right? We are seeing a tangible shift in this asset. The game now is going to require an extreme level of patience, an extreme level of leted levelheadedness. We have these indicator signals sitting right here, guys. We have the indicator signals sitting right here. There is nothing to fear. We have the signals sitting there. And listen, if we don't get there, right, then a multitude of things happen. The bump and run is no longer there. A double bottom is in store, etc., etc. But look at what we've already accomplished. Look at the increase in volume. Look at the buyers showing up. Look at the technicals improving. This is a suggestion of improvement, not negativity or backwards action. This is a sign of improvement and positivity. So our goal is to just be patient to allow these moves to continue to develop. All right? So be patient. Don't sweat the pullbacks. Don't sweat the little candles that Listen, we left a little indicator signal right here on that one minute rip. So, don't be surprised if it comes back there. We also left one right here, so
2:21:33don't be surprised if it comes back there either, right? Don't sweat it. We're in the midst of making the move we want to see. I expect to see volatility. I expect to see the shorts trying to fight back tooth and nail at every pop and every little price jump that happens. Don't sweat it. We are not looking for 30 or 20 cent candles here. We are looking for dollar candles. We're looking for $5 moves. We're looking for big ass [ __ ] breakouts. Don't sweat the little stuff. All right. No, I never did check the Chimoku cloud. No, I never did do that. So we are uh very close to entering or at least testing that large opening within the clouds that uh I was speaking about there in the discord with you guys. The Ichimoku cloud has opened up a a much smaller area here and that smaller area on the Ichimoku cloud allows for uh I'll say less resistance. So, if GameStop can continue to make a healthy breakout move over the next say one, two, three, four, fourish days and get up and through that itch. Now, I know the thing's in the way. Sorry. Get up and through that Ichimoku cloud there and through that bump and run trend line. Then all of a sudden, right, you're going to be trading above the Ichimoku clouds, using those as support rather than resistance like we currently are. Then what you could also see is those clouds begin to start turning towards a green shift out in front of us, which then could really be a positive sign for us to seek the continuation of this breakout move. So we do have four days to get through that opening of the Ichimoku clouds and hopefully we could see some level of a pop through it. But so far things have been great. Uh obviously we're coming back to fill, you know, a portion of these indicator signals or whatever, but uh we're we're in really really really good shape. And I I just don't really have a lot of negative things to say about price action right now. There definitely I mean, you can make some arguments that there's some touches of bearish divergence on the 30-inut across these highs, but I think what's more likely is that could convert itself into hidden
2:23:57bullish divergence, which could then lead to a larger breakout move. A lot of that will probably, excuse [clears throat] me, a lot of that will probably hinge on tomorrow's uh inflation report and how stocks react to that. So, that'll probably be pretty important. But yeah, MACD on the daily for GME. Yeah, we should probably check that out. We haven't looked at that in a little while. So, yeah, let's take a peek. Turn this off. Moving average, convergence, divergence. Yeah. So, look at how close that MAC D line is to going through center, folks. Boy, it has been a very, very, very long time since you have had a MAC D cross below center that didn't recross the the uh signal line in the midst of that breakout. It It's been a long [ __ ] time, folks. Uh I mean, really, you probably have to go all the way back here to uh November of 2025. And then prior to that, I mean, you have to go way back. You you got to go all the way back to April of 2024. So, these are really the only uh three examples over the last, let's say, two years where the MACD has crossed below center and then never recrossed it in the midst of its breakout move. Now, not only is that happening, but the MACD histogram continues to rise as well, which I'll also speak about, but look at these other examples, right? So, we have this example here where then it went through the uh signal line here or the center line, sorry. So, we'll mark that off. And then the other example is over here when it went through the center line right here. We'll mark that one off as well. So, this is the example from 2025. Here's where the MACD went uh and crossed below center here and then went through the center here. Now you can see through center it didn't really get a whole ton of momentum extra but it did end up propelling the stock approximately 7 uh 17% from that original MACD cross and then additionally going through the center. So not a bad swing there. And then if we head over to 2024 2024 you guys can obviously see 2024 had the MACD histogram cross right here. Once the histogram crossed you got or uh
2:26:21excuse me not histogram crossed the uh the signal line and the MACD line crossing below center happened on the yellow line then you guys can see the uh MACD line went through the center here on the orange line on May 3rd and that was our really big candle of 29%. So we haven't gone through center yet. We still have a little bit more room to go but you guys can see look at look at the move and the swings that happened here the last two times. So when the MACD actually crossed, the first one I showed you was 17% from low to high. This one when it uh before it went through center, this thing had already risen 25ish%. Once it went through center, it saw that uh 30% day and 73 12% from that bottom initial MACD cross total. Right? So, if we kind of take a look or take a peek at what we've kind of got going on here, you guys have the MACD cross below center. And now that MACD is getting dangerously, dangerously close to crossing through center. And not just that, but the histogram has been rising basically the entire time that that has been transpiring. That is a really, really, really bullish sign of a ton of bullish momentum that is taking place here, folks. And again, we have spoken about the similarities between 2024 and what's happening right now. And uh it's got to be once again some sort of crazy coincidence that once again we see the the MACD iss like almost doing the exact same [ __ ] thing. the the final little step of this, I would argue, if we were still following that 2024 structure, would be essentially the MACD either crossing today or tomorrow through the center line and giving us a a really big [ __ ] smack, you know, and pushing us, propelling us into a really big [ __ ] swing. So hopefully we can get that uh that MAC D cross through the center. That would be that would be excellent. But you guys can see we're we're sniffing it right now. You're right underneath it. like it's almost a guarantee that tomorrow uh if not today, it will go through that center line and and that really could uh propel the stock into a healthy move that
2:28:30starts to break some of those technical levels we've been talking about such as the bump and run trend line, the indicator signal, the macro 382, and maybe even the bull zone. So, you can't be disappointed. That's for damn sure. You you can't be disappointed by what we have seen. The stock is uh really gritting its teeth here and showing a ton of signs of life. Is that an ascending triangle on the fiveminute like what you had on the one minute only bigger? Oh, I see what you're saying. H that's a tricky question. I want to say yes, but the problem is this. Because if it if it was like this. Oh, okay. Hold on a second. I see what you're saying. Oh, I ju sorry. I just noticed that. I see what you So, what he's saying, folks, is this. He's saying draw this from this. Make this bold. Make it a trend line, right? Let's just make it white. And then take this from here to here and go like this. Now, if you draw it like that, the the problem obviously is that this spot right here, it really did come pretty far outside of it. So now I would almost argue that you could probably make this argument that this is like a rectangle top. You could try to make that argument. It' be a little difficult though. I I think what I would just say is just sort of focus on the structures for right now. You know, like every RSI across multiple time frames doesn't really show a lot of divergence. It doesn't really show a lot of negativity. So let's just kind of like ride that train for now. But I see what you're saying and I don't I don't necessarily disagree, sir. I I don't necessarily disagree. I think it's just it's a little sloppy. So, the reliability of it probably wouldn't be as good, but that doesn't mean it it couldn't work. All right, GameStop's warrants. Just taking a quick peek here. Not really much to report on here, folks. Not much to report on here for GME's warrants. Any wedges or anything? Uh, kind of actually. How does that look on the 2-hour? Oh, yeah. That's way nicer. Okay. I think there's a 2hour RSI wedge on the warrants. I think it's clean. Dang that. Uh,
2:31:04keep a mental note. Write that in your trading journals. That that actually might turn out to be important soon to our wedge. GME. Okay. And I need some water. [sighs] I need some water. So, I think I have a bottle here. Oh, no. One sec. Oh, I needed that in the worst way. Water break. Do you think the warrants are making a bump and run of their own? Um, I think we spoke briefly, very briefly about the possibility. Um, I think what I didn't like in this instance, so you're, by the way, you're not wrong. So, you're actually probably right. Um, I think the number one thing that I just didn't really love about the warrants bumper on is that there wasn't three touches. So, we kind of had one touch here, then we had a second touch here, and then the third one is all the way down here where it doesn't actually test the trend line. Now, the reason I really liked GME, right? When we look at GME, we can manipulate this trend line a bit to make it match this one or like this. It's, you know, it's whatever. But this this test right here, I would say that you got one, two, three, right? This is a big preerequisite for bumping runs. So once you had those three tests, then you had that big nasty breakdown that continued to push. And the number one thing with that nasty breakdown push is the angle of it has got to be over 60°. And fortunately for us, it was pretty significantly above that. So then what we look for is the angle of entry should be the angle of exit. So in this instance that I've got it drawn on here. I'm not going to move the chart because it'll adjust the uh it'll adjust the percentages or the degree sorry. So 73.5° here. So what we kind of want to see is on the angle of exit it should match or be very close like let's just say it should be between like say 65° and 80° on this breakout. And you'll see when I draw it like this, if I take it to today, look at this. So, you can imagine why I'm looking at this and I'm saying, well, hold on a second. You've got the the prerequisites for
2:33:53the 1 2 3 on the frying pan. The frying pan has to be 45° or less. And if I draw this trend line, it's only 28. So, that works good. And then the angle of X entry has to be above 60, which this is 72. And then the exit for the breakout should be very close or match what you see on the entry. And this one is literally two degrees worth of difference. So if we were just to sort of extrapolate this data, so let me just pull this back here to the numbers that they were. If we extrapolate this data, right, and we just say, okay, what does that look like all the way to the top of that structure, right? So essentially what you're looking for is something like this. And so far, if we look at this bump and run structure, guys, it's very difficult to have an argument right now to say, "Wow, how how how can you look at this any other way and not say I mean, the the structural integrity of this bump and run is unlike they they would I would bet that they'll write [ __ ] textbooks about this bump and run in the future, you know? Like that's that's how like structurally sound this pattern is. And you'll see here I'll show you on the bump and run thing. Uh the uh uphill run. So here let let's let's get with this here first. The bump phase. This is the frying pan. The downs sloping trend line deepens to 60° or more. Price drops rapidly then levels out and turns around forming a round turn. Price may pause at the 0 to 45 degree trend line. That's this one right here. That's what they're showing in the run phase of this here. Okay. Before moving higher. All right. Uh the bump height measured from the trend line to the lowest low vertically. It should be at least twice the leadin phase height. So check this out. Here's another little prerequisite. You take a trend line, okay? And this is our uh this is our frying pan. Okay. So the highest height of the frying pan is from here to here. And at the bare minimum, the dump should be at least double the size of this. So we take this. There's one. Double this
2:36:07again. There's two. Double this again. There's three. We did nearly 3x what the frying pan is. So once again, another prerequisite of the bump and run structure has been matched or met. Right. Then the leadin duration at least a month averages 35 days but varies widely. Let's take a look at this. Here's the beginning of the pattern. There's the leadin phase. You see the number of prerequisite things that are matching on this where all of a sudden you guys are like, "Whoa, what the [ __ ] Jackie? Do you actually read textbooks or am I just seeing things?" And it's like, "No, you're just seeing things that I don't read. I I can barely write." So, I almost failed kindergarten because I couldn't draw a stick man. That's a true story. I can hear the wife laughing behind me. Yeah, she was laughing. I saw it. >> Oh, no. No, no, no, no, no, no, no, no, no. You're crazy. [laughter] Um, okay. So uh let's also talk I wanted to find that thing where it shows you distance. This is like the widest distance measured. Uh okay here you go. So uh breakout buy when price closes above the sloping downward 0 to 45 degree uh trend line or alternatively draw trend lines parallel to the leadin height and below the oh wow that's um I thought that on this website it talked about the angle of exit matching the angle of entry but it doesn't actually have it on here. So, I guess I just read that in the textbook and not on this, but that's what you look for. That's what you look for on bump and runs. All right. Is the angle of And then what he was talking about with drawing these uh like trend lines is kind of like drawing uh like fib channels. It's almost like drawing a fib channel. So, what he wants you to do is take a a fib channel and he wants you to go uh let's just say from high to low. No, let's do Can I uh This is not Yeah. So, like this. And then we can No, I think what I'd actually rather do is show you a different little technique that you can do. Let me just get rid of the uh the leadin um phase stuff here. Let
2:38:44me just show you. So, what he wants you to do when you can't use fib channels because the numbers just it's too awkward. What I like to do in this instance is take a parallel channel. So, find parallel channel right here under your trend line stuff. go to parallel channel and then drive from here to here. Okay? Then drag it down like that. There's our uh like channel, right? Uh GME new high of the day. And then what I want you to do is clone it. Put it at the bottom. Clone it. Put it at the bottom. And look at how price interacted with that structure. Look, look at look at how price moves at least so far in and out of this multiple parallel channels that we've drawn on here. Look at it ride the lower side, right? Look at it hit the center line. Look at it find resistance here. Look at it hit resistance here. Look at it break through this. Right. Look at all that. Look at all that. Yeah. [screaming] >> [screaming] >> Oh yeah, folks. We are eight, no, six pennies away. Six pennies away from profit target one. Oh, I almost tagged myself again. All right, so I'm just letting everybody know six pennies from profit target one. So if you're trading right, shortdated options, maybe month to expire options, you know, great opportunity to lock in some profits, right? Because if you guys were trading, right? So obviously uh I wasn't trading these, but if you guys were trading in the money calls or 20 strike calls that we were kind of discussing back on these lows, again, I didn't trade them, right? If we take a look at the GME, uh, October, these are the monthlies, right? The 16th is the monthlies. Oh, that's gay. Oh, that's weird. I wonder why those are Anyways, so if we look at the October monthly 20 strike calls, look at how much those have risen, right? Like th this is fantastic. Those are going to be 100% now. And then if you were trading, say for example, now you guys know how I like to trade. I like to do in the money, right? So if you were looking at the 18 strike calls, look at how much these have also risen, right? And now it's going to be
2:41:23north of 100% just because like this has a 15minute delay. So guys, that is where we targeted our first little area, right? I'm not telling you to walk away from the trade. I'm not telling you to be paper hands. I'm not telling you to be a [ __ ] [ __ ] This is just where, right? A lot of people have regrets. You build up a [ __ ] perfect plan. It goes exactly the way that you thought it would. Don't Don't deviate from it when it does exactly what you thought it would, right? Take advantage of your [ __ ] hard work. You know how many [ __ ] people you dusted and how many people told you that you guys were wrong that GME was going to bounce and not back test the low first? You know how many people you [ __ ] cooked? Get paid for that work, bro. Get paid for your hard work. We're almost home to the first indicator signal at 2046. And then we're looking for the further continuation after that to the upper side of the trend line where the bump and run is right now. I better uh open this back up and get that trend line sorted here quick. Okay, whatever. We'll just redraw it. There we go. Okay. So then the next logical conclusion to make is if we get through the indicator signal, we're then looking at the top side of this trend line. Now I just showed you guys on Boowk's website. He just I we just spoke about it, right? Boowski says on the website right here, right? The breakout. Okay. Alter uh where uh where is it? [ __ ] bump height. Uh oh, right here. Okay. So um price rapidly price drops rapidly then levels out and turns around forming a rounding turn. Price may pause at the 0 to 45 degree trend line before moving higher. Okay, that 0 to 45 degree trend line. That's this right here. Oh, I forgot it's hidden. Okay, that's what this is. That's the 0 to 45 degree trend line. So, you shouldn't be surprised if it goes through the indicator signal, gets up to that trend line approximately, we're talking about 2070, 2060 in that range. Don't be surprised if it gets there, and then it's like, oh, I got
2:43:54to chill out. Now, you want to know what's cool? It's not just the chart pattern that says it should chill out. It's also the other technical analysis we've been doing along the way. Look how far we are outside of the Ballinger bands right now, guys. Look at that. Look at that. There's the Ballinger bands right there. Look at that. The Ballinger band is currently at $20 and we're at 2037. Now, we're not a stupid amount outside of it, but if we see that push, right, the tush push, if we see the tush push up to the uh up to the 0 to 45 degree trend line, that's going to take us approximately 2070 2060, then you're going to be 70 to 60 cents outside of it. That's a lot more, right? So, it's not really that surprising that should we push up there, right? that it finds a way to pause here. Just like it does in this diagram, right? That's a horrible picture. Just like it does in this di oops diagram right here. [ __ ] off. Where you can see this is what they're talking about. This is the 45 degree trend line where it finds resistance on and then you look for the big volume breakout to push you through to the full profit target of said bump and run. Okay, so that's all we're looking for. Now, we just got to have patience, but we're almost to profit target one. So, don't be afraid to lock in a little piece of the pie. You worked your [ __ ] nut sack off to make this [ __ ] trade happen and put money in your account. Now is not the time to be afraid, right? This is where you like to make profit. This is where you like to make money. So, don't be afraid. All right? And again, I'm not telling you to be a [ __ ] paper hand [ __ ] whatever other names people gonna come up. Don't worry about that. Do what's best for you. Okay? Do what's best for you. Easy peasy. Checking in on the order flow. The order flow has ticked up a little, but still not really anything impressive. Headed over to the darkpool. There has been some more orders since that big batch came in, but nothing that's eyepopping. Checking
2:46:12in on whale feed for GME. Nothing. So, yeah. Uh, I'm just going through the GME room right now, seeing what you guys got going on here. [snorts] Oh, wife is already [ __ ] dusting this guy who's just consistently a negative nanny the whole [ __ ] time. Yeah, but that's why he has my alerts turned on so that way he can make money off it and then he can call everyone else stupid. So that's how that works, I guess. [laughter] Uh we're checking in. Let's go back to the live order flow just to see $30 calls. I just want to see if these are maybe a cover. If it is, it's really small. So, I there's really not a lot of activity on the options chain right now. GameStop opening new stores. September 11th, select stores. So, wait a second. GameStop's opening stores. GameStop's literally opening stores. GameStop's opening more stores. Oh, folks, look at this. Look at this. GameStop at GameStop right here. Look, your local GameStop is back. Select closed stores are now reopening nationwide starting September 11th. Boom, boom, boom. That Left for Dead retailer is no longer Left for Dead. Huzzah! To the indicator signal, boys. Let's go. Oh, I got to post the meme now. I got to post the meme so then I can post it on stream. I got to post the meme. Not that one, even though that one's funny. Come on. I got to find it. It's here somewhere. Where are you? Where are you? There you are. I've got one for you, Chad. I've got a great meme for you. It's I'm cooking it up right now. Here it comes. Boom. Uh, yes. Hello. We're back. Department, I'd like to file a claim. [laughter] Hey. Hey, [screaming] hey, what do you say? The indicator signal T1 [screaming] has been achieved. Give me a second, please. Sorry. >> [laughter] >> Let's go, baby. Let's go, baby. Look at that, folks. Target one bag and tagged. You love to see it. [laughter] >> [snorts] >> Oh, that's [ __ ] awesome. [ __ ] That's sick, folks. That's awesome. That is uh that's a nasty trade. That's That's some nasty work, folks. We got target one. So, we have officially hit, folks. I'm going to show you this. We have officially hit the first indicator signal.
2:50:15So, let me just pull off the EMAs here quick. We have officially hit the first indicator signal that was left from the gap down on that August 3rd day. So, following the uh the the equity bond swap conversion, uh that was the indicator signal left and we have officially bagged and tagged it. The next one that we have in our sights with the bump and run there is going to be the two-day indicator signal that was left at the top of the gap fill on the daily that currently finds itself. The indicator signal is 2185. So you guys can mark that off on your charts. 2185. All right. 2185. That's the next target. All right. So there you go folks. What a [ __ ] [applause] Now. I know all of you guys aren't commenting and chatting right now because your trades are up and you're making sure that you're listening to take some profits after making such a beautiful, wonderful trade. And I know what you're thinking. Oh my god, Jackie, it's only 13%. Shut up. The pattern and the structure and everything is still in play and it continues to look great. So, just calm your little [ __ ] tits. Doesn't happen overnight. And just wait for the next big move. The volume hasn't even shown up and we're still up 2 and a.5% today. What is that volume? No, I'm not I'm not even joking. What is that volume? And we're up 2 and a half%. What is that volume? We're 2 and a half%. What is that volume? Will you say what? >> It wasn't Jimmy. Okay, that's in the GME room. Okay, I'm looking. Did the like Did it just come out? Okay. Oh. Oh. Oh. Oh. Oh. Oh. Oh. Oh. I think he's just speculating that that could be what's like maybe helping propel price here is that they might be buying. I Okay, I got it. I got it. Sweet, folks. Yeah. That's good stuff. That feels good, guys. That feels good. Everyone told us we were wrong. Everyone told us GME was going to make a lower low from here. >> [clears throat] >> And now we have this bump and run full target in our sights. Targeting laser beams. Targeting sights on 2186. must fill the indicator signalep must have 80% chance of going 232
2:53:35Fibonacci level must see massive increase in volume coming soon to a store near you sponsored by DraftKings. Don't forget to parlay, parlay, parlay, parlay, parlay until you cannot parlay anymore. Thank you and have a wonderful day. So, look at that, folks. GM's price doing some damage. You you you do love to see it. You do love to see it. probably throw those EMAs back on and then uh we can take a quick peek at the daily MACD and the daily DMI ADX. We should probably take a peek at both of those. So, the MACD is so close to going through center. Watch out here, folks. I mean, that's that's cracked. That that MACD looks [ __ ] smoking hot. And then the ADX DMI. Look at that folks. The DMI positive sticking above hot coffee. And your ADX is flattening above hot coffee. Please turn. Turn. Cuz if it turns, you can't even imagine how close this looks to 2024. Even I could show it to you directly on screens and you wouldn't even believe me cuz it's actually so [ __ ] criminal how similar this looks. It's actually [ __ ] nuts. Like it's it's actually [ __ ] nuts. Look at this. Flipping over hot coffee while it still makes hot coffee. And holy [ __ ] tater chips. You you just you couldn't believe it, folks. You you couldn't you couldn't write a script better than this. So stay tuned for this week's episode of of GameStop and Ryan Cohen, man. Man, and I got to tell you guys something. GameStop opening more stores. That that to me signals that Ryan is I mean, we're going for [ __ ] eBay, folks. Ryan wouldn't open more stores unless he was confident about taking over eBay. Because again, I think the big thing with the eBay purchase and bid is that once GameStop owns eBay, you have to imagine, right? Let's pretend that we have three different GameStop stores, right? Right. So, we got three different GameStop stores here. And with these three different GameStop stores, you've got one, let's say, all the way out in LA, right? Then you've got all the way uh out here in Miami, right? And then you've got all the way out here. Let's let's just go like St. Louis or something, right? St. Louis. Okay.
2:56:26So, you have all of these stores, right? Now again, I'm just showing you three, but you guys can understand there's obviously a shitload more of that for GameStop. But the idea is, let's say that GameStop acquires eBay, right? Takes it over, etc., etc. When somebody does business on eBay and makes a transaction, GameStop will now be able to ship these purchases on eBay directly from store to store to store to store to store to store, saving a ton of costs on shipping. Not only is that going to save a ton of costs on shipping, but now rather than GameStop a and or eBay having to rely on a third-party uh uh you know, like for example, eBay sellers, when I buy something on eBay, it doesn't always come from DHL. Sometimes it comes from some random Chinese place. Sometimes it comes from Canada Post. Sometimes it comes from USPS. Sometimes, etc., etc., right? You know what I'm saying? In this case here, what GameStop and eBay could do as a combined conglomerate is that these purchases and transactions now have one dedicated facility, one dedicated like company and business that deals with the transactions and the shipping, the exporting, importing of these particular cards and things that are purchased, bought, and sold on eBay, on GameStop, etc., etc. It just makes a better customer experience. And not only does it give a better customer experience, it also makes it cheaper for GameStop and eBay now to do the do that business because now not only does GameStop have to necessarily not directly ship to your door, but if you guys have local GameStops to you, you will be able to pick up your items from those areas. So GameStop opening more stores, in my opinion, suggests to me that this eBay thing is now beyond real. Th this is beyond beyond beyond real because now opening more stores in my opinion is now going to open the platform up to having a better experience for customers. Like for example, if you open the store, say in the middle of [ __ ] North Dakota, right now all of a sudden all those customers in North Dakota and in that area, not only can they pick up their stuff from there, but they're going to get cheaper shipping fees. and the sellers that are doing transactions
2:58:55can now take those items directly to GameStop, right? If GameStop again takes over eBay. So, the opening of the stores to me signals GameStop's increased enthusiasm for not only taking over eBay, but beginning to roll out kind of this, I'll say, um, broader idea of being able to combine these businesses together and to not only save and reduce costs on shipping and uh, all that other kind of stuff, but it's also going to improve the customer's experience. now not having to deal with random third party shippers that this and that and no now we just this you just take it here these guys deal with everything that's it easy peasy you know so I that's really [ __ ] bullish in my eyes the fact that we just went from cutting store after store after store after store to now all of a sudden GameStop and Ryan's like yeah actually uh we're going to open some new stores. So, okay. Bye now. [laughter] I love this guy, man. So, this is sweet. Yes. And this is brand new. Yes. Um, let me just find the post again. It came from GameStop on X. Just give me a second. Uh, [snorts] I know it's up here somewhere. Oh, there it was. Okay. So, here's the post from GameStop. So, GameStop right here, your local GameStop is back. Select closed stores are now reopening nationwide starting September 11th. So, tomorrow uh brand new batches of stores are going to start to open. So, that's uh that's some crack [ __ ] man. That's some crack [ __ ] So, really excited, man. This is uh this is beginning to ramp up very quickly. This is beginning to ramp up very, very, very quickly, folks. Beautiful daily candle so far on GME. Nice voice crack, Jackie. Thank you, Jackie. Appreciate that, Jackie. You're welcome, Jackie. No problem, Jackie. How are you doing back there? >> Super. >> Awesome. >> All right, we'll just we'll just not ask about that. [laughter] >> [sighs and gasps] >> Yeah, good. They can they can stay where they are. If you didn't like me at my best, you won't love me at my lowest. [laughter] You like that? You can just leave them and leave them for me to deal with. So then when they ask me who runs the Discord, oh
3:01:53well, stop it. Get some help. Sweet. Now, where's the smile? There it is. That is fake. But [laughter] that one wasn't. That one wasn't. All right, checking in on GME. We're still riding the waves, folks. We're still riding the waves. Well, I'm going to take my Jimmy to the 22. I'm going to pump till I can't no more. All right, let's see. Checking in on the order flow. And then I got to say thank you for some super chats that just came in. So, let's uh GME orderflow. Not a whole ton to say. Yeah, not really a whole ton to say on the orderflow side of things for Jimmy. Um, let's get to a few of these super chats from the super cats. So, we had Gaboo Gaboo with the $50. [screaming] And Gabigu says, "Can you play the hardcore version of We Escape?" You weren't talking about the uh you weren't talking about the the reggae one, right? I don't think he was talking about the reggae one. I think he's talking about the the other one. Uh where is itum? [sighs and gasps] I know it's here somewhere. I think it's up a little bit more. I might have to control F this one. Escape. Oh, yeah. This one. I think this is the hardcore one. I think. Right. Yes. Okay. So, all right. We're just going to play this quick tune, folks. Um, we'll play it. Actually, we'll play it after I just go through a couple of things. So, I'm going to come back to that Gaboo. Yes, I'm going to play it in just a couple of minutes. All right. Uh Mickey Dimes with the five says spy one hour RSI trend line. Spy one hour RSI trend line. I think I drew it on the 15minute or something yesterday. So yeah, the hourly. Yeah, definitely has a some sort of goofy trend line. It's a It's a little awkward. Maybe the 30 minute shows it better. Nah, not really. I like the upper trend line. The upper trend line's pretty good on the 30 minute. That looks like it's probably going to look for a breakout. So, that's not bad. I like the 30-minute trend line trying to make that breakout. So, maybe all hope is not lost for SPY yet. Could also argue and it's not really bullishly
3:04:47divergent. No, it's not. So, yeah, it does have the 30-inut trend line. I definitely pay attention to that for sure. For sure. Yes. Yes. Yes. Yes. Yes. Mike Ashton, hypothetically, the increased volume started at 1 PM on Thursday in 2024. Is it time for the catnip? 1 p.m. What? Like so like eastern is that is that actually when it started? We can go back and look. I don't uh can I go back that far on the 30 minute? I think I can. Oh yeah. Yeah. Now can I go back that far on the 15minut? That would be ideal. If I can go back that far on the 15 minute that would be cracked. No I can't. So the 30 minute is the best that I got. So, let's go all the way back to that initial breakout day. [snorts] So, that was here, right? Thursday. So, Thursday had this huge breakout right here. Three uh three white soldiers and then pause, pause, boom. And that final pause looks like it happened in the last uh 30 minutes or so of the day. So, we'll see what happens. I mean, we're we're on track for a pretty decent start here thus far. You know, really good healthy breakout to the new high of the day. We've been riding along some of the uh the hull and stuff like that. I just think we've done a lot of very positive things and we've kind of gotten through that first uh little indicator signal, which is great. Now, it wouldn't surprise me to see even just the smallest bit of hesitation at these levels. Uh also as we continue to battle it out with the daily 50, the upper Ballinger band, and then obviously uh we have some Fibonacci resistance and that 45 degree trend line of doom on the bump and run that we're going to have to contend with just a few like like 20 pennies above us right now. 30 pennies, excuse me, above us right now. So, we've got a couple of things that, you know, kind of sit in front of us that are going to cause us maybe a little bit of hesitation or a little bit of resistance, but overall, uh, the stock is extremely healthy and doing very positive things. So, uh, overall very happy with what we have managed
3:06:57to see so far. Yep. And it'd be sweet if if catnip showed up. That'd be sweet. For sure. For sure. So, let's see here. We have been live for 3 hours 7 minutes. Checking in on the chat box. Uh, beware 30-year bond auction in 5 minutes. How long ago did he make that comment? Was that was that like a minute ago? Um, this comment here that said the beware of the 30-year bond auction. It's too bad I can't see when like what time the comment was made. The unicorn 1000. Yeah. in YouTube chat. Yeah, cuz I I wanted to know what time because I think that bond auction should be happening in like four minutes, right? I think. Yeah. Okay. Yeah. Yeah. The bond is in four minutes. >> There. Now you're cooked. Now you can't even see anything. Mom blocked you. >> Yeah. You got cooked. Now it's dark in here like it's [ __ ] >> midnight. All right, so GME still just battling it out, folks. Still just battling it out. Riding that five minute EMA. Where my dogs at? What if GME is doing popup stores for GTA and Christmas time like Spirit Halloween? That'd be cool, but I don't know that it would necessarily be all that lucrative. I mean, why not just use the space that you already have, you know? >> PSA sales. Yeah. >> You're going to need locations in certain areas to be able to actually cover the whole demographic of the United States. >> I see what you're saying. >> So, say like you need to have certain areas cover. It's McDonald's does it like so you have demographics covered. They overlap theirs, but Okay. >> It's a pretty common thing done in retail. >> Yeah. It's just a it's it's a really big positive thing that GameStop goes from like just like closing stores, closing stores, closing stores, closing stores, and now all of a sudden here today as we're like, and again, I I know it's like a little bit of tin, but like the thing that's kind of exciting is like we've been talking about this exact moment, right, for like several months. And now, right at this moment, like a couple weeks ago, that's where we like, okay, we want to see premium show up. We didn't get exactly what we
3:09:30wanted, but we got those sold puts and that was like a pretty decent chunk of premium. So, that was like a really good kickstart, right? Right. As we ask for that premium, then those sold puts come in, then the share price starts to pop. And now, as we're at like this really big moment where we're questioning like, is Ryan going to buy the stock? Does he have news? Does he have information to share? Like now all of a sudden as we're in this very moment, we get random news that tomorrow on Friday, we're getting new GameStop stores opening. It feels to me like this is all just one big setup. >> Well, you have to kind of think how they would be working then. Back then, they didn't have the the design or the decision for PSA necessarily. They didn't have the eBay offer on the table. They were just looking at stores sitting there. who's profitable and what areas have too many stores. So then you remove a store from an area hopefully making another store profitable. But when you start to expand and you start to have shipping issues, you start to realize like where you actually need those extra stores and instead of having like say two really close together, you can split them and put one on one side of Philadelphia and one on the other. That's an example. That's not what they're doing necessarily, but >> and then you actually have coverage. So people have easy access to to >> not having to drive to other side of the [ __ ] city. >> Exactly. Because a lot of people just aren't going to do that. Especially in huge locations, but you don't know where you need that until you actually have your profitable stores propped up and you see what traffic is like. >> Well, and especially now with the power packs thing like really getting underway, right? Like we watched that guy that had the going to GameStop to get those uh those boxes of power packs, right? >> Yeah. And if people if they want to do like streaming where they're doing the live sales where they're ripping power packs, they have people come into a space and they're going to actually stream ripping power packs like he was talking to or like doing art auctions or
3:11:19whatever they're going to live sell. You need a space to provide people to do that with. >> So these could be those spaces. You also need spaces to be able if they're going to have you drop off PSA cards to be able to ship them to PSA and facilitate that. They need a location for you to drop them off at. >> Yeah. >> So, some of these might be larger locations, some of them might be smaller locations. Like, look at how the bookstores, >> some of them will look like a [ __ ] U UPS store, you know, like it'll be like a [ __ ] >> Look at how chapters and indigo, they had three different levels of different stores. They had Cole stores, which were tiny. They had Indigo stores and Indigo Kids, which were middle. And then Chapters are the huge locations, and you carry different things at each location. So, they're kind of doing like GameStop's old playbook from back in the day when GameStop had like not Starbucks. What was it? Uh, or was it Starbucks? Who was GameStop partnered with way back when? Was it Chapters that you could go inside of? >> Chapters used to have Starbucks. Yes. >> I can't There was one of those ones there used to be stores where GameStop used to be connect. I can't remember if it was Chapters or if it was Starbucks, but I remember that GameStop used to be connected to these things like pretty like lock and step. And I do wonder if like that's the I wonder if that's sort of the pivot that they're going to try and make like with the GME stores in just like you just like you described, right? Like we're going to open a few of these stores, but maybe some of these stores are going to be like 1500 square feet, >> right? >> Like they're going to be tiny. >> And that's what I mean like you could go into a small Kohl's location and buy any book that you wanted and maybe like a stuffed rabbit here and there, but if you went to a chapters location, you could buy like kettles, you could buy American Girl dolls. You could buy books. You could buy blankets. Anything you wanted. And not saying they're going to start selling American
3:13:07Girl dolls. But like, >> yeah, >> those are the different types of categories that they'll be able to actually cover and carry and they'll have spaces for those. But if you don't have the current space that can facilitate what you want to do, you have to create them. And it's I mean it's really interesting to I'll say consider the idea that like you know at those small stores for example like say the small stores in a smaller demographic area if that if a person walks into that store and is like yeah I just bought this card on eBay and whatever like that card can get shipped directly to that store which is now going to cost that customer less >> and he can pick it directly up rather than worrying about oh the shipper leaving it out front on your door in the [ __ ] mailbox or any number of those things, right? >> Plus your insurance. >> Yeah. Like you're insured on all that [ __ ] right? >> 100%. >> So, it's it's a really like it's a really positive thing. The fact that they're now opening stores rather than closing them. And I'm really I'm really enamored with the fact that all of this is transpiring. like all of these different news events continue to transpire within a period of time where many people like and I'm I'm not taking credit for this. I'm just like generalizing, right? Many people have speculated this is like the this is the window, you know, like this is the moment in time where we all kind of expected like, okay, this is where things should kind of heat up a little bit and then all of a sudden you get the the the sold puts, then you get the preliminary earnings. Then you get the earnings released like basically 12 hours early. Then you get the share price that randomly starts pumping like now 14 or 15% from the low. Like now today, now all of a sudden, GameStop is out there on [ __ ] X posting, "Oh yeah, by the way, we're opening new stores." It It feels like a cascading snowball coming down the mountain. And it feels like what once started as a snowball that was kind of like funny and like it's a little bit joking. >> No, 100%.
3:15:14>> Was our bad news early. There was something good coming down the line. So, it's it's just it's funny to me that we're kind of like seeing this big cascading snowball that has now turned into like just this this like just ginormous ball of ice that is just like hurling towards Citadel, you know? Like you've you've really got to like what we're seeing on here. And the fact that all of this keeps it's it's almost like stairs, you know? It's like it started here, then we got this little thing, and then we got this little thing, and then we got this little thing, and then the share price started to move, and now we're opening stores. It's It's like they're feeding it to us, you know? It's like, "Hey, here. Hey guys, first look at these prelim earnings." Wink, right? And then Ryan's like, "Oh, oh, yeah, and and by the way, oh, we're gonna Oh, yeah. And I'm giving you forward guidance." Wink. And then Ryan's like, "Oh, oh yeah, by the way, oh, check this out. GameStop is making more money." Wink. And then all of a sudden, the share price starts to rise. And now it's just like, boom, here's some analyst upgrades. Boom. Here's some positive coverage. Boom. Oh, look. The eBay thing is actually maybe serious. Oh, boom. GameStop's now opening stores. I wonder why they would do that. Wait, wait. >> Remember that time we closed stores and it was over? [laughter] >> Oh my god, dude. Like, this is this is such a cool timeline to be a part of and now it's a shortened week. We've got the share price up 15% on a shortened week. We've got people excited. We've got people jacked up. We've got the the the community is fired up. We've got all this speculation stuff running rampant like this. This is such a beautiful moment. And I I really hope that this at like I'm not I'm trying not to get like too overly hyped up or excited, right? It's it's okay to, you know, like speculate and be excited. I just don't want to get too high, right? It's positive momentum, >> but like this from a technical perspective and from a charting perspective, which is where all of our focus has always been, right? The fundamentals and all that, like
3:17:35we get that, but like the chart has always been the thing that you and I have always gone back to and said, like, what does the chart say? What does the chart say? What does the chart say? And in this instance, like where we currently are right now, like this is probably the best the chart has looked even even before the eBay stuff. Even I I would argue it's probably the best the chart has looked since the last big run that we saw on the first note offering we did where the first note offering we did we gapped back down to 20 whatever that was. I think it was like 2060 or whatever and then we found support there and then rocketed up to 35 or 36 or whatever it was. It feels as bullish as that because the price found a better area of support where more average retail GME investors were willing to put their money in. So, not only do you have hedge funds and institutions loading the [ __ ] out of this thing, but then you've got all of these regular retail folks that are also like, damn, 19, 18, 17, like those are sick prices to buy at. Like, they don't think about it. They're just like, yeah, that's we've been waiting for that. So, that's sweet. So, you kind of get like this this double hit, right? And then think about this. This is where like this is where I get really excited and why I like why I try to contain my level of excitement because it feels different. Then you've got the [ __ ] insiders that are literally helping. Like you just had Larry Giant Balls Chang [ __ ] throw his nuts on the table and buy 55k shares, you know, and then you got [ __ ] Jim buying Jim, you know, he's he's not they're not mega amounts, but like they're supporting the stock. >> They believe >> Exactly. They believe in the same things that we do and they're proving it with their own [ __ ] money, you know? And now you've got this the thing that excites me the most is that Ryan Cohen hasn't said a [ __ ] thing. GameStop just did its earnings, just did all this like super [ __ ] positive things and all
3:19:31those positive things. Ryan has yet to say a single [ __ ] thing about he didn't retweet earnings. He didn't tweet about the pro. He hasn't tweeted since [ __ ] July 2nd or something. >> He might be contractually obligated to be silent. >> Yeah, for sure. And so I I guess what I'm what I'm kind of saying or seeing is that it's just like it's nonstop this thing is stairstepping. And it's not stairstepping just in price, but it's the news and the dribbling of the news. It's like every day we're fed something new. Even even when it sucks, even on that first Tuesday that it sucked, that was coming off of the earnings. Then the next day we get, oh, Larry's buying. Then the next day after the share price rises, we get, oh, Jim also bought. Before that, it was, oh, here's Ryan's filing for his how number of shares that he owns. Oh, and then before that, it's oh yeah, here comes these sold options. And then, oh yeah, here's Ryan closing the bond window. Hint, hint, wink, wink, nudge, nudge. Because that was the conversation that we had a couple of weeks ago when we spoke about that equity swap is that very clearly we were seeing not just the window closed, but Ryan actively choosing for less dilution. Not only was he choosing for actively less dilution, but when you swap bonds for equity, that tells you that you are no longer placing a hedge on the risk of downside and failure. You are actively swapping the risk of downside failure into equity of the business. Meaning that your belief has essentially gone from here, I'll give you money for debt on this because I don't believe you. Your your idea has gone from that to wow, this guy kind of might know what he's doing and the business actually looks good. I want to swap this debt for equity in the business. I want to swap this safe haven asset for risk on the asset. When someone big that's casually handing GameStop money says, "I don't want to hedge the downside anymore." Who's not listening? That's the thing though, right? Like, who's not listening to that? Because they're telling us unequivocally that's what they want to do. And obviously, you know, it's disappointing that you don't just see the
3:22:00share price just go straight [ __ ] vertical, right? But >> but we know that that's not >> it's not healthy. It's not healthy. It's not actually what makes the share price go up. What makes the share price go up? People have just been witnessing it over the last few days. Every [ __ ] move that we make minus this big hole that we left here. Every move that we've made has recovered every gap along this chart. Every single one. Every single little gap up. We come back, fill the spot, then we go up. We come back, fill the spot, then go up. Come back, fill the spot, then go up. We keep doing that. That's what is healthy because I and I know that you'll remember this when we traded Root, right? When we had Root go on its absolutely biblical [ __ ] short squeeze. The number one thing that Root did better than any [ __ ] stock that I have ever [ __ ] traded in my career is when Root had this breakout move, it never left a [ __ ] hole. Other than the initial gap up that transpired right there. Other than that initial gap up, look. No holes. No holes. Come back, fill. No holes. No holes. No holes. No holes. The whole [ __ ] way up. The whole way up. And GME thus far within this motion in the ocean. Yes, it had that first initial little gap up over here, but everything else has come back filled. Come back filled. Come back. Come back filled. Look, even this one. Even got the wick, right? It's unbelievable. And the longer that this kind of healthy price action keeps happening, the technicals on the macro, that's where things get exciting because we just saw it with GME's warrants a couple of weeks ago when GME's warrants exceeded the Ballinger bands, right? And we talked about 95% of all price action stays inside of them. The thing that's happening with GME and why it's so exciting about the positivity behind the price action is that yes, it's escaping the bands. You can see it on the chart. It's escaping the bands, but the thing that it's doing as it escapes them is it's pushing them out. So, you see how that lower band is going down and
3:24:09away and the upper band is going up and away. So, as those bands are pushing away from one another like this, what that's like essentially what we're kind of seeing there with that is those bands are going to keep pushing each day. So what happens is the next daily candle that opens, let's just say that's like for tomorrow, right? The next daily candle that opens, theoretically those Ballinger bands could be all the way up here tomorrow. If the upper Ballinger band was all the way up here, that means tomorrow's candle could theoretically open inside of the Ballinger bands even after we escaped it in such a big way today. And then that is it. It ju the the the the craziest thing about all this is it just keeps being positive. It's not leaving gaps. It's not leaving indicator signals. It's not leaving holes. It's not leaving things to come back and retest. We are actually witnessing it come back and fill those things and then fight back. And in my opinion, like what I really think we're ultimately kind of seeing transpire is I think we're just seeing the beginning markings of the shorts or the arbitrage traders beginning to hit the exit. Because if you're arbitrageing or trying to like do that sort of play against the price of GME and you've been doing that for the last let's say 6 to 18 months, if that's what you've been doing, the unwinding process is just as [ __ ] slow and grinding as the initial selling process. So that arbitrage stuff that they're all doing initially, it's a slow [ __ ] grind. That's why we watch price do [ __ ] nothing for a year and a half. Now, I'm not saying that it's going to take a year and a half to go up. I mean, you're already seeing the volatility be expressed. So, that's positive. It's just that the grind of it is a little bit like slower than just like boom boom boom boom. Like, maybe you get $1 today, maybe you get $1 tomorrow, maybe you get 50 cents the next day, maybe get 45 cents the next day, then maybe you get one good like $2 day and then maybe you get a pullback for like three [ __ ] weeks, you know? Like, it's it's a
3:26:16grind because these guys when they unwind their position, they don't want to do it immediately. They want to do it slow and methodically so that way they can capitalize on stable price action that allows them to lock in the maximum amount of profits. As soon as it starts to get volatile, that's where it throws a wrench into the cogs because essentially what's happening is like these guys are like, "Okay, I want to unwind it quietly and slowly so that these contracts I've been arbitrageing against the warrants or the bonds or whatever else, I I can walk away from this without seeing the volatility move up too much, which is going to impact my positions against the stock." As soon as it starts getting volatile, those contracts and everything start to pick up a lot of steam and a lot of those shorts, they start to see a heavy retracement against like the positivity of their position. >> Is this what happens to us every time? Are we causing the earnings range? No, I think I think what happens with earnings is it's just like human nature to especially with GME to have such a deep belief of like what you really think and what you really believe is going to happen. So I think what ultimately happens is like we always get this huge amount of hype built into us on these on these earnings days hoping and praying that it's just going to have this one day massive 90% gap up and it's going to fix everything. And it's just if we're being honest, like the way that this thing is going to gap up 90 or 900%. That gap up has to be the same one that happened in 2020. If there's going to be a gap up on the chart that's going to cause us to go [ __ ] nuclear, that gap up needs to leave a gap that we are never even going to consider coming back to. Like it needs to leave a hole so wide and so large that it can leave no doubt in your mind that there's no [ __ ] way we're going back there. That's that's what I think. I think that if the eBay thing happens and it catches the whole market by surprise, GameStop could gap up something [ __ ] like
3:28:13200%. And then never think about filling that hole ever again because the implications of the next move are so big. If GameStop takes over eBay, how the [ __ ] will the market ever price it again at $20? It's impossible. It like on pure amount of capital that GameStop would bring in on a year-to-year basis, it would be physically impossible to price it at $20. So that's why I'm saying like the next move, the next wave, the next thing that happens, it should leave a gap that is undecidably like no questions asked. You will look at and you'll say we're never going back there. You know, like it's the same thing that people ask me about this gap. Where is it? [ __ ] $1 something way back over here. People ask me about coming all the way back to this gap over here. Wife, I get asked this question all the time. Are we coming back to fill that gap right there? And that that's that's at a [ __ ] the$138. >> Like what would you consider a scale if it's never coming back? >> Well, I I guess the if you guys didn't hear that, the wife asked uh what would you consider a scale of never coming back? >> I I guess I would make it pretty simple. I would draw a trend line from like I I guess I would probably draw it like this. And so that's basically like that goes over like the squeeze and then everything that happened after 2024. I would look at that and I would say any gap up let's say above $30 I would assume will never come back because my hope or thought process would be right is that it's here and then something happens and it takes it all the way up to here. By the time it's taken it all the way up to here, we're now kind of running right into that very hard level of resistance that we've hit before. But the difference will be is that we have so much enthusiasm. But beyond enthusiasm, the fundamentals have now exploded because now we own a business that literally makes as much money as we did in the last four years, you know. So my thought process is is if something like that were to ultimately transpire, I would
3:30:33hope that now $30 is a pretty weak gap up from where we are. It's only 50%. My hope would be is that any sort of news like that would propel GameStop into like a 200% gap up. And at that stage, if GameStop's trading at 20, a 200% gap up, we're talking about the stock trading at $60. You know, you know what I have zero questions about? if GameStop gapped up to 60 ever coming back to 20 ever. Never ever ever just never happened because at that stage again we just talked about it right like the implications of everything that happened. You now own eBay. We now have like$1 to3 billion every year of like almost guaranteed profit like in our pockets profit for a business that basically carries almost no debt. Now it's two and a half billion in debt. We could pay that off in one year. So, I look at this and I'm I'm I'm just like the cascading events of news, the excitement, the hype behind the chart, the lack of of any [ __ ] word from Ryan. Things, it's like the cat wrote, and I don't know, you know, if he ever specifically wrote any of the memes for any specific timeline or any specific, you know, if they ever had any meaning like that. But I do know this. I know that he picks everything that he says very specifically. And the one thing that I just keep coming back to in every single one of his memes is it's just it's it's always about time and pressure. And the number one thing that just continues to stick in my mind is that there is there are no coincidences. And I I just it's it's really interesting to me the fact that the the stupid [ __ ] fractal or a similar structure to 2024 plays out. The RSI does the exact same thing. The DMI does the exact same thing. The MACD does the exact same thing. It happens at the exact [ __ ] window that literally everybody in GME is like, "Okay, guys, something has got to go here." And then something starts to go there. And then the share price rips 15% off of that low because insiders purchased the stock so far. That's that's all we got. That's all we got. >> So far,
3:32:54I'm just I'm sitting here going like it it feels like they're they're feeding it to us like we're just little children. Like, oh, here comes the airplane. [yawns] >> Yeah. And now let's see if perhaps before the end of the weekend or going into the weekend if we could get something tangible that may move things along. But there's there are legitimate [ __ ] reasons for people to be excited about what's transpiring. This this this is not fake. between the sold puts that we witnessed, between uh Ryan's lack of tweeting, between Larry being very [ __ ] weird. So Larry on the preliminary earnings release day just tweets thoughts. >> No words from Larry that time. >> And then the day that it comes out that he bought stock yesterday, I think it was yesterday, right? Or no, the day before, sorry. The day that Larry's purchases come out, all he does is put a plus sign. Okay, Larry isn't Ryan. >> I'm I'm literally not even trying to be funny. Larry isn't Ryan. And Larry is out here tweeting like he's the next meme king takeover. And then you've got Ryan literally saying nothing. I like go to his [ __ ] Twitter. He hasn't said a [ __ ] thing since July. I think it was 2nd or 7th. one of those two. So, he hasn't said [ __ ] in [ __ ] two, what, two and almost a half months now? And we just dribble information, dribble information, dribble information. Oh, here's a piece of candy. Ooh, a piece of candy. Oh, here's a little more exciting stuff. And oh, here's an insider buy. And oh, here here's a console cycle. And oh, here's more stores opening for I like what I see. I like what I see. So, folks, good grief. Good grief. We have been online now on stream. We've been on stream for three and a half hours. Did you just make an airplane joke the day? What? No, I'm pretty sure I didn't, JC. But good try. Appreciate it, man. [laughter] I'm just going through your guys' comments here. Just like to point out that many cat memes point towards election day. And the question, what is 55 days from Larry's purchase yesterday? 55 days. Son of a [ __ ] Great tin. All right, let's see.
3:35:41Sorry, I'm just going through your guys's comments. We got a super chat here from JB Crew with the $10 bomb Marino. Hey, this is a guy who dumped 100K on GME options. If by tomorrow, if GME don't hit over 24, I will take profit and dump 80K into put expiration October and December. Good luck to you all. Good luck and thank you for the $10 after making 80,000. I love you and appreciate you. I think [laughter] so. Good to see you, man. I would uh personally I don't know that buying puts in the middle of a bump and run is the best idea. But hey, what do I know? You know what do I know? All right, what else do we got in here? Cooper, what's up coups? It's Coups. The Coups. What's up, Coups? There's Body. Body in the house. What's up, body in the house? TTO filing, you son of a [ __ ] Stop trying to make Jackie crash. You I can't crash out. I' I've been I've been beaten down harder than ever. You can't. It's impossible. What else we got in here? It is good tin. No, it is good tin. That's elite level 10. Uh, let's see here. Word guessing. Oh, yeah. Yeah. Oh, talk about selling puts. I was just kidding. I know you were. I bet you were. I bet you were. My phone died. Did you go over the stochastic on GME? Oh my god. I haven't looked at the stochastic in GM. I haven't opened the the stochastic indicator in 19 years. Holy cow. It has been a long time. >> Thanks for the chat, wife. It was wonderful. So, yeah, the stochastic is definitely at one of its highest prints that we've seen in a little while. Highest the stocastic's been since April. So, that's nice. stochastic is very reactive. So, it's not great for macro time frames. It's not great for macro time frames, but you do have a stochastic cross on the weekly, which is nice. So, that's cool, man. I haven't looked at the stoastic in forever. It's been a long time. Thanks for bringing that up. Never looked at that thing. [sighs] All right, so GME, nice little rounding bottom formation there. Testing the top side of the gap fill. Yeah. Then testing the top side of the uh the
3:38:07bull zone. Testing the top side of the bull zone. Can I take a quick look at Celsius? Yeah. All right, Celsius. So Celsius just right back in that golden box of support. Uh not really finding much in the way of divergence yet. Although the weekly could potentially set itself up for divergence. The weekly could potentially set itself up for another touch of bullish divergence. So, we'll keep an eye on that for Celsius as it trades inside of that gold box of support there. All righty. And then we've got nobody said anything about take two. That makes me sad. Nobody said anything about take two making a healthy move since those little boxes that we drew on there, which obviously mean nothing. But then take two also has a giant gigachad RSI wedge that's very close to breaking out. So, I would just continue to say keep your eyes on take two. This thing continues to look great. All right, we got that there. US oil. So, US oil completed that big harmonic that we were watching and waiting for. So, still pumping a little bit higher since it, but I wouldn't worry too too much about that. Wouldn't worry too too much about that yet. Then I see the DXY is up, which means the yen is down. Classic. So semi-reinent semi-reminiscent of this moment over here kind of then GME just chilling. Just big chilling big big big chilling. 850 people still watching. That's crazy. What kind of price action would be considered healthy after that? Well, um I guess just after some sort of move like that, you know, a profit taking, a little bit of a pullback, little bit of hesitation like that shouldn't surprise anybody, you know, cuz uh at that stage, you know, GME has just made such a big move at that stage that it would be so far out of so many technicals. be hard to ask it to continue to carry on. Not impossible, but difficult. So, at that stage, healthy price action is really just starting to find stabilization at at at some sort of level. I again, I don't know what necessarily that level will look like. We'll have to kind of identify it in a moment, but all righty. So, hopefully that gives you a bit of help there, sir. We're here for the
3:40:52wife, Jackie, not you. Damn you, little Buddha. [laughter] Uh, Throken, look at the two-day MACD on GME. Is that a clinch fist? That's not the ADX DMI. MACD. MACD. MACD. today. Today, today [sighs] [snorts] um [gasps] yeah, sure. I'll give it to you. Yeah, sure. Why not? You know, the reason I would I I'm having hesitation saying yes is because I would have preferred this to be like this and then you could have had one, two, and then down like this, right? And then all of a sudden you could have had like what actually looks like a a triangle. So, not the uh not not technically like a true clinch fist, but you have the totally you got totally the right idea, right? Because that's a high lower high lower high. Now, look at that breakout. So, I think you've got the right idea, sir. I think you've got a a wonderful correct idea. And now the next thing, what's a clinch fist? Join the Discord and I'll teach you. True story. Join the Discord. I'll teach you. But yeah, what we're really looking for here uh on GME for the daily now is the daily to go uh the daily MACD to go through center, which it almost definitely is going to go through tomorrow. It just depends on how good today ends because if today ends pretty well, we could see it actually attempt to go through right near the end of the day. So that's what we kind of got going on with GME, man. GME also poking its head right towards that bull zone. It's so close. So GME has been awesome. GME has been excellent. The order flow has left decent amount to be uh desired, but it's okay. You know, it's all right. Uh we'll check in on the darkpool and stuff here. GME. Uh little bit of orders coming in. Nothing crazy. 5,000 5,000 5,000 5,000 I love 5,000s. I do love me some 5,000 orders. I do love me some 5,000 orders. I do like those. The Goricious. The Goricious says with the five maple bucks, I owe you some maple bucks day late and a dollar short. Thanks for all you do for us, Jackie and Flip as well. Appreciate you, man. Appreciate you, my boy. Galicious. Appreciate you, my dude. Thanks for the info. And
3:43:25the Discord is a cool place. Y'all should give it a try. The cat also loves those $5,000 orders. >> [laughter] >> Sorry, it was on team's call. Did we moon? Yes, actually I think we did. Look at look at the daily candle. Isn't that nice? So, how much are we up on the week? So, currently the weekly candle is 6 and a half%. Hooray. We don't suck again. that if that weekly candle closed right now, that would be our biggest weekly candle since January of this year. So, that's cool. That's pretty cool. Hey, that's pretty cool. Everybody likes that. All right. Well, oh, yeah. Yeah, I better play the escape song. So, I'm going to play one tune and then uh once this tune is over, I'm probably going to sign off for the day, guys. And then uh we'll do another video uh again tonight going over GameStop and some of the things that we have on here. So, let's get this tune going on here and then uh then we'll come back and say goodbye to everybody and uh goodbye and thank you. awake from your sleep. [music] >> Can't wait to quit my night >> and dry off your tears. [music] Today we escape. [music] We escape. Why? [screaming] [music] Why? [music] Heat. Heat. Heat. [music] >> [music] >> So when the trade [music] is done and we take our [music] Yeah. [music] Why? [music] Why can't [screaming] All right, one more just cuz we're vibing sort of. >> [music] >> I can't wait to put my microphone. [music] Awake [music] from your sleep and dry off your tears. [music] Today we [music] escape. We escape. [music] We escape. >> [music] >> What I got [music] for shorts to close and cry [music] their salty tears. Today we escape game stop. [music] Soon when the [music] trade is done none and we take our games [music] today. We escape. >> We escape. We escape games. Heat. Heat. [music] >> [music] >> from your sleep and [music] dry off your tears. We escape. [music] >> Alrighty, folks. So, we had a little super chat come in there from Brody. Brody with the 10 says, "I heard super chat trains keep the stream alive." Almost. Almost. Had them in the first half. Not going to lie. Had them in the first half. So folks,
3:50:08this is it. This is the uh this is probably the end of the show for us here today. Um here's what I'm going to do. Once again, we will do another GME video. All right, we're going to put out another GME video later tonight. Hopefully not as late. It's just I was making tacos, you know, and tacos are life. And so we just we just had lots of things that we had to do with tacos. And so shout out tacos. Uh, but yeah, now that I don't have to make tacos tomorrow or tonight, I can probably release that video a little bit quicker. So, uh, yeah, I'm gonna do a video tonight for you guys. It'll be just another one of those premieres. I'll try and keep it under uh, you know, 10 or 12 minutes, give or take, somewhere around that ballpark. And, uh, yeah, then we'll just kind of discuss the further continuence of the bump and run. Maybe we get news, maybe we get some insider info, some more stuff coming out. Who knows? But, uh, yeah, this is it. And that is all folks that I have for you guys today. Uh really appreciate you guys showing up today. I mean [ __ ] we had like almost 900 people average all day today, which is crack. So, thank you guys very much for showing up today. I know it's obviously exciting when GME goes up, but uh all the hard work that we put in when GME was going down is now starting to uh pay dividends. So, let's see if we can't continue to see this piece of [ __ ] continue to pile drive towards our indicator signals, our gap fills, and the completion of our full bump and run. Thank you everyone for tuning in to today's stream. Really appreciate it as always. Hope you guys have a great rest of your days. I'm going to ride my bike cuz it's actually sunny out. Hooray. [screaming]