STOCK MARKET LIVE : AMZN REKT, GOOGL AND INTC OBLITERATED!

[00:00:00] Speaker ?: Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. [00:07:00] Speaker 1: Thank you. And they're out there and they're multiplying every day and it's only getting worse and worse and this might just be the new status quo. I mean, until we figure out some AI agents that will work around the clock to defend against these exploits. So, yeah. You're in the same thing. So, yeah. [00:09:15] Speaker 2: I think we're doing 2.8 to 6 billion dollars. [00:09:45] Speaker 1: I mean, right? This impending COVID-19, it's like this impending COVID-19, it's like this impending COVID-19, it's like this impending COVID-19, it's like this impending COVID-19, it's like this impending COVID-19. I mean, it's like, yeah. We don't like it. It's like this impending, it's like this. No, no bids, no bids, no bids, no bids. Gross, man. And then huge, and then huge, just catalyst that came after the successful defense of the key June 3rd high, June 17th high. We don't know about equities. We don't know about equities. We don't know about equities, but we don't know about equities, but we don't know about equities. We don't know about equities, but we don't know about equities, but we don't know about equities. We don't know about equities. We don't know about equities, but we don't know about equities, we don't know about equities. We don't know about equities, but we don't know about equities, but we don't know about equities. We don't know what equities, but we don't know about equities, but we don't know. We don't know about equities, but we don't know. We don't know about equities, but we don't know about equities. We don't know about equities, but we don't know about equities, but we don't know about equities. We don't know about equities, but we don't know about equities, but we don't know about equities. We don't know about equities, but we don't know about equities. We don't know about equities, but we don't know about equities, but we don't know about equities, lower than all the previous discernible local highs and that's that's telling that's like letting us know weakness letting us know less than before in this asset and it's really cool to see that it actually had a meltdown after like resolved really bearishly that that's normal stuff you know so I mean you know lowest price seen since March 31st that's that's gross dude that's really gross I mean yesterday was bad and they you're down 9.6% then another 3.76% today oh my god down another point eight one percent after hours too so I got some alerts set up if maybe we're live and I can seize new lows multi-month lows will hear the beeper we'll see the alert go off when McDonald's streaming I did well let's make Donald's chat and the general chat well the general chat is now McDonald's chat okay so uh you know everyone everyone's eating McDonald's now dude but it's not like it's any cheaper it's still expensive it's more expensive than ever I know we had like something like Fortinet too yesterday got it's just completely shredded was down 20% man he hit the 200 simple moving average for the first freaking time since you guys late April lowest price scene uh intraday since actually May 20th I mean that is like portfolio destruction if you FOMO I mean you know it's not a big deal if you were just long but and in actuality the trend isn't in jeopardy of being reversed or anything it's just like look you sometimes get it like look look what happened August 6th it was down 17.75% I you know like I mean it was down like 6% in April I mean look at that you get then this is a long-term uptrend August 4th of 2023 was down 11% and November 2023 it was down my god a lot like six plus percent so these things happen and it could go lower and it's really not gonna be a big deal I mean I think it should go lower right and don't you think like a candle close there and then maybe some more liquidity right there so maybe like 109 114 uh an area that they are probably gonna want to test eventually what other earnings were like just spectacularly bad and we already looked at meta as well you know I'm saying um maybe other ones like yesterday and today that we didn't see we looked at like the the main characters but um well if it is mcdonald's yet we might as well just look at mcdonald's that had been um you know rebounding like a v like instead of the m it's the v uh so I'm loving it uh but they're only v-ing it v-shaping it from one support to the next resistance is as high as it's gonna get I mean it's up 0.71 after hours too so [00:23:46] Speaker 3: Lizard Lizard Lizard Lizard Lizard Lizard Lizard Lizard Lizard Lizard Lizard Lizard [00:23:54] Speaker 1: Nid there dang I got nailed that didn't I timing's hard on it but I got it [00:24:01] Speaker 4: no way no way what is this garbage [00:24:04] Speaker 1: who's this guy mr. balloons mr. balloon hands just closes the door so mcdonald's pumping because they know everyone's gonna have to eat there more and they're gonna have a huge influx of workers uh multiple workers in our community okay so anyway all right we're trying to so it's like because there's just stuff going on the markets like I don't I'm not in the same order I typically am going in uh I guess we can like um oh roblox man I haven't looked at that one in a minute I don't think maybe I have but uh yeah just disgusting like yeah this is like a full reset type thing a roundtrip this reminds me of a 2021 and then 2022 okay and then yeah like think about it it's very similar to an act like an asset that's in a downtrend what do they do from highs it's from the previous discernible highs to low what do they do deep retrace of seven eight sixes high to low would you do 88 retrace before melting down it's like very typical bear market behavior lower highs lower lows consecutively you just don't want to fight trends like that down sixteen point five three percent after hours um oh wow so so we're talking about silver silver hitting 11 month lows today and my alert just went off because i'm you know monitoring the zsl bros because it seems like pretty good zsl has been really good uh lately so raw's application mcdonald's got rejected dude you suck no maybe you're overqualified you know they knew you were going to quit and work at burger king or something so they were just like preemptively you know declining you it's okay though don't give up dude we can go to burger king we can go to wendy's win wendy's sick of wendy's dude since you know some people are going to be working there soon wendy's had has been he had a nice day today but he lost most of the gains my god dude wendy's bros are in shambles i mean my you know just like uh what like a few days ago within a week ago it was the lowest price seen on wendy's since 2013 oh god talking 13 year lows on wendy's recently what a trend man what a trend lower highs the rose most recent events the lowest low and the lowest high wow who owns uh long john silvers is that private chat the mcribbs coming back on mcdonald dude no no no um that's so people keep bringing that crap up it's like no no the last time there was a mcrib for real i remember people talking about it and then bitcoin got obliterated it was like last year sometime it was like it didn't work and then people are cherry picking that the mcrib only like big one only goes up with the mcrib being released and like no i specifically remember the last time it came out and bitcoin did not do well so it's like i don't even watch that crap it's not real okay oh wendy's touched by wall street bets bros yeah papa john oh yeah what about uh papa john's pizza right yeah yeah he's a pizza pizza oh my god dude that failed didn't it i mean they tried right they they they rallied off of it but there was a false breakout and then you know your stop-loss threshold if you ever cared about this it got triggered in november of 2025 and and then you were out and then look at it ever since then what happened was what was support flipped to resistance and this thing is just like making fresh lows every day mother but you gotta love that price action to see this is like stop losses are important this is why you look to identify patterns at key levels so you can have the optimum entry and see like if you entered around there you'd have made some if you'd made what would you have been up if you like got around there i mean that that got as high as 40 in two months a little over two months you know so and your first profit taking level on inverse head and shoulders potential head and shoulders um is like the neckline so you could have taken profit there and the trade could have failed you got stopped out on the rest and then you don't even look at it again and here we are my god lowest price on papa john's since 2012 so 14 year lows here on papa john's uh dpz domino's pizza i don't know we're just looking at food because it's like hey everyone's gonna be working fast food dude actually pretty interesting here now it's at wow unbelievable really i mean maybe there's absorbing demand here on domino's but dang man one and two holy dude it's like an m what the f bro do you see what's going on right here it's like actually specimen m shape what in the let's pay attention dude pay attention to freaking domino's this is not my opinion look dude liquidity zone going back 2018 is resistance and it's support and they're just sitting here and they're trying to defend it i'm not saying maybe we'll take action but my god if it's not like it's right there it's literally right there wow our little fast food uh you know wow ppz maxing oh my god i mean momentum's so bad though i don't know if it's enough yeah you know i don't know i mean but you could think about it like what a freaking chat look at this effing candle and again like this could fail and collapse and it's going below 295 and it's going way lower but dude that that is a could someone give me what javanese candlestick pattern is this do a little more trivia like we didn't try to do what is that one and that's like literally to the t exactly what this is so give me the answer give me the answer now it's like that's just like it's so freaking perfect it's like that's just like it's so freaking perfect i'm just like letting some answers uh trickle in because you know whatever but um wow insane and where it's happened is so wild too it's like sellers tried once they failed twice they failed with that freaking candle just sitting above 305 like that it's just wild so yeah there's only like really i think the most proper and formal answer here is uh the dragonfly doji okay no real body no wick on the top and a huge wick on the bottom that is textbook someone was like bullish pin bar yeah pin bars typically have that wick on the top and that's what makes this so the answer of the dragonfly is so perfect it is specimen okay so it played a role in and ushering in a reversal back above key support so i wonder i mean people could take chances if they want but man momentum's just been so bad on this but look dude you're just hitting a level where this is where some sort of bounce to at least maybe 342 could happen you know up to the 200 moving average my god wow incredible so the dragonfly yes dragonfly simple what are you talking about the dragonfly this and then this it's literally that man okay more dragonfly okay let's um let's move to these index fund futures you know s p 500 futures down lows of day on the new day ugly bearish engulfing candle ugly little shooting star bear yeah not a pin bar but a shooting star with follow-through today and looks like you might have 7600 on deck again as now they have what i hate about this price action locally is you could get a lesser time scale like the eight hour and you can literally see what they're kind of telling us where it's like okay they tried once here and here's the high here's the high highest high right but here they sell off and then you got here here are these highs and here is another high so that is what that is local forms of confirmation of distribution um so i that is not good price action locally okay that that almost implies lower we're going lower so as you can see it here's the it's almost a rerun of august 13th august 28th and september 3rd we made the highest high ever sold off youtube to once sell off and then at the second test and you failed twice and then what happened it proceeded to draw down to its lowest level it had seen um since uh early august so yeah not great man not great which is not what you want to see dude okay on the smp futures and there's such a lack of demand that they couldn't even push the price to the august 5th high uh they couldn't do it it was so close then rugged probably thanks to google there okay um yeah now we're looking for uh nasdaq obviously down worse down half a percent already on the new day we're talking new day 35 minutes in already down but that's amazon for you amazon and probably intel and a few others uh looks like you got a date with 28.678 i mean looks like it's on deck man and then 28.5 after that not looking great it's the same type of behavior that makes you just kind of cringe this is all new data this is all like confirmed new data recently where think about what's going on right they sell it off and then you can see the high the low the lower low then the lower high not albeit not much an 8.86 from this high to low okay but then what candle close is lower like you you got traders settling up with less than before on this uh index fund futures so you got you have very very subtle forms of distribution locally which is not a good sign that's not what you look below the 200 moving average for the four hour doesn't really mean much but uh it's just not good price action and it is indicative of less than before so i just so it does seem more likely that 28.7 is on deck so gosh dang man can't can't get your break can we yeah dude okay remember this market topped out in june and it's i mean maybe it tapped out a little higher uh but my god dude yeah it was like a minute you go the weekly and the weekly starts getting like oh god the argument is real bad where it's like okay so are you trying to tell me we double tapped with a higher high no way no don't tell me it's double tap man bun double top coming back right don't tell me it's a higher high double top i mean you have such a long way to go before you can even confirm it it'd have to fall below 27 000 to confirm a double top so i i hope this is a failure but um not great i mean it's not like setting up this is not like a bottom like this is not what bottoms look like it's not what value looks like and um 200 week moving average right or you tend to somehow get close to reverting back to it almost always you are so far removed from that 200 week moving average just like it's just you know i mean so maybe they're gonna wait till 2027 to draw it down and maybe we're just gonna have a rerun of the past couple years where it's oh march and april march to april devastated then april you rebound and run again so long-term uptrend just maybe in the shorter term it's like not great looking okay okay i'm gonna look at the dow jones real quick which uh you know not great um not really great not really telling us anything just attempted to rally no edge you would probably want a second test you probably want to come back down to 50k and then confirm a bottom around that support and then rally and then the second rally could be more formidable right it could be something like this and then then that's way better but like for now like no edge and maybe this little reflexive rally near support uh might be concluding and you might be going for a retest of the lows and that's natural it's very normal thing so rust 2000 small caps um been having a ball the past few days back about the 200 but uh obviously no some no um no structure uh no edge here they did defend 2738 and it was cool to see the little morning star um i sure in a short-term reversal but who knows how far the reversal could go especially these macro conditions continue to deteriorate so okay cool there you go that's your um your index funds let's look at gold real quick right gold i mean they're trying to hang on by the grace of god okay um you lose this 4 000 level dude it's over it's over dude um i don't know i mean maybe not maybe you're just gonna go to 38 87 but if you lose 38 87 then it's really over then you're looking for 3500 or 3400 at that point so you better just pray that this confirms the bottom here they hold on and they try to put in a micro higher low probably the exact same let's not even like really showing levels of accumulation i mean if it held here then it would we'd be able to say maybe it's an m shape a little deeper than uh then it's 886 but still it's maybe 95 and 92 percent it's still there there's still a chance man i mean that is it would be something else right if the sim shape ended up catching a reaction it would be so freaking wild but in the end maybe maybe like kind of makes sense narrative speaking like what we're thinking um like dude hey everyone's getting hacked and i know the alchemy thing is kind of not great but how long is that going to take for them to like mass produce you know gold and really make it pull of diamonds i don't know like it it seems so new and it's just a bunch of novelty right now but i mean you just think about gold and silver some sort of big hack happens i mean you could or some exploit or some sort of like uh infrastructure attack somewhere in the west i mean you know maybe that's good for gold silver in the short term maybe that's what would catalyze some we okay think about it we got all these countries telling people to prepare for you know three days with no food water electricity uh utilities uh utilities and you got like okay increased activity at the pentagon we know that from like the pizza stores around them you know getting increased sales and calls and all that and uh just rumors and things okay and so here's the m shape completed on gold okay so cue up the major cyber security attack impending and then the m shape resolves with a reflexive rally because you know or you know i mean maybe that happens right but um it hasn't happened yet and i might take some news here so we're just waiting man praying a higher low comes in this would be it okay we'll see um silver war situation man much worse situation there is no uh evidence or potential evidence of a higher low like we have on gold none uh silver again made its highest or sorry its highest lowest uh daily close since november 25th happy thanksgiving who wants turkey sandwiches and no support that exists right here uh there is nowhere to go until like 49.80 which against the 2011 former all-time high um and they spent a good four or five days uh testing the 54 50 level from october and november as a resistance all all one oh one two three four five days of rejecting that level and regarding it as resistance and now you're catching fall through and that's beautiful to see in a downtrend so all we know is a failed little bat pattern turning into a crab pattern and that would be way lower like 44.44 uh so you know just saw silver just saw its low day its initial price action so whatever but silver just as i'm speaking just saw its lowest intraday price since november 26 which i think is thanksgiving all right and just think about the lowest price scene since the composite operator set up the most legendary silver trade setup speculative mania maybe in the history of silver they concluded on january 30th in spectacular fashion when it lost 26 plus percent of its value by the close the agq lost 70 plus percent of its value that day wow never forget it man see silver not great and gold looking better than silver like definitively all right hype in the chat for zsl bros zsl seeing its highest level since january they're the winners and the losers we don't judge okay a lot of people do judge it's okay to be like bearish on silver we've been bearish on silver for a long time right since really january 30th oh that's it dude that's little the car then the dead cat bounce and the dead cat bounce had a freaking dark cloud cover that was it never saw those prices again ever incredible and then the bearish uh shark pattern concluded perfectly never got a type 2 return because the market was too weak and they confirmed that with distribution september 9th and 24th uh and just phenomenal fall 30 so you're gonna love trend analysis on this one it's like no bias look at copper real quick and copper is still just up there but maybe more local weakness you had a bearish engulfing candle yesterday and now we're just again trying to make sense of what's happening and really anything below this old all-time high i think from january 29th is like kind of a i'm not sure i like it man all right um kind of like a rising wedge still that i think it like you know something like that it's still one and two and then maybe three it's consolidating it's still like you know upsloping and you know eventually if it keeps up like this it'll just be a um it'll be more of a wedge i guess something like that but still marching higher but locally october 12th a lower high in september 22nd and then recently uh yesterday today maybe they're putting in another local lower high so it's like subtle forms of distribution maybe someone's offloading maybe but it's hard to really tell because it's you know it's been such a in a good trend but i'll tell you it's very high risk up here for any speculator you're trying to buy into something that looks like this it's like really rolling the dice here man there could be almost no more upside and could be an extreme amount of downside potential just just say from experience and what we know about assets that are nearing the top of these mega channels like it's yeah sure it can break higher of course it can that's why saying the trend is your friend and it's just higher highs higher lows for sure okay so let's get oil real quick i think we're screwed man i think we're screwed the bearish harami i caught fall through but there's just too much demand on oil they the market participants are not letting the price of oil fall below the key inflection point that stems back to 2007 2008. there's not there's too much man too many people want this right here that old swing high you know 2007 2008 and uh multitude of times throughout history it's played a role as a supporter resistance but now bullish engulfing candle and a follow-through of the engulfing candle and yesterday at the lows another formal uh successful test of that level that was support resistance as support uh very bad well it's all just you know why am i saying it dude very bad boys very bad there's bears out here cooked bro cooked my god so i i just like don't want it to happen because i know what will happen economically like how horrible it would be for everyone in the world but uh accumulation re-accumulation structure nearing its confirmation line confirmation line 106.50 and positive price action correlation to a historical level recently dude it's not good like this means we're like all risk assets are screwed i mean think about the size of the structure been been uh it began its development july 2nd dude we're talking four months in development and the third valley has already concluded i mean like a measured move of the structure would be like world ending for the economy i mean we've been talking about all-time highs or close to it if we really wanted to go by the book okay the bolkowski book from this is how you measure the size of a potential through rising valleys that ever breaks out and confirms if they broke out eventually i mean again if it's taking four months to develop it could take two three months to play out okay so you got to remember that so from the breakout point i mean the measure move is literally all-time highs literally 2008 or 2007 what was it all the way back yeah there it is dude that is 2008. it's kind of scary we got some ta tetris going on and frankly it's kind of unsettling okay real okay so we look at the vix real quick it was up a little bit still elevated not really it's kind of the middle of the range not a big deal nothing really concerning going on yet okay that was the uh 30-year treasury yield okay bearish and golden candle maybe it's topped out maybe um lower we go that'd be great you know i guess i guess it'd be great bonds probably looking more appetizing to people now um just due to interest rates being so elevated for so long it's not easy to borrow money so a lot of companies are going to struggle okay so anyway get cooked let's look at these mag sevens let's go uh oh we already looked at google where to look at amazon which is down precipitously down seven percent after hours so it doesn't look like any sort of conference call is going to save anybody bezos needs to uh do something man okay new girlfriend younger girlfriend probably would maybe move the price to rally a little bit but uh maybe not okay there's nothing you can do uh so google amazon already looked at and then we'll look at um the next worst performer which was only nvidia which but nvidia's like dude it's not good dude because you you like hey they held on to 2 12 19 by close right but then you just have all this selling pressure coming in on all these other individual assets and it's all connected so the index funds are dumping and then that's drawing uh nvidia down to lose the key support and possibly you're threatening to take out previous uh local lows and i mean that that means you might be on 200 on deck so not the price action we are looking for here it's not over yet but of course um not great okay after that let's just look at tesla that had been doing great but again you know up against a freaking insane resistance zone this gray zone is not a joke this is the old 2021 all-time high there it is dude okay it's like ethereum this chart is ethereum um a lot of unfilled gaps right below you and it's down 1.6 after hours just due to the nature of what's happening with earnings so uh it survived its earnings but it doesn't matter um so let's see what happens man maybe they'll go fill the gap at 372 hopefully they put in a higher low than 350. okay let's go to microsoft that uh really has been holding up uh you got to be thankful that it survived its earnings that's for sure this is probably one of your strongest i mean besides apple this is probably your next big bet i mean on any mag sevens right now just the no one's selling which is very uh interesting and very impressive okay and sitting at an 886 95 98 retrace uh it's just paused right now and there doesn't look like to be any interest in offloading this right now being at such high levels so my god man microsoft and then apple apple almost made it did uh we got some jesus chimes play because apple made its highest [00:50:19] Speaker 3: daily candle close ever ever chat we got history [00:50:38] Speaker 1: oh okay so uh cut with handle man chat we're saying we don't want the cut with handle to happen because this is a defensive stock and this is inverse correlated to all other risk assets or two risk assets in general this is not a risk asset the way it behaves uh with price action so it's up 0.7 [00:50:55] Speaker 2: please and btw if oil will go up oil companies will do well right in on yeah yeah for real that's the way [00:51:02] Speaker 1: it's been going that's why ois is the recent trade setup because it's just like yeah man but the problem is a lot of these oil companies have already like just gone berserk and you're paying ridiculous premium high risk areas with no structure just impulsing so um a lot harder to find any sort of like strategic entry on some of these assets these oil related assets but that's maybe what you're looking for and again you're staring at this couple handle that we pray fails okay we do but dude the way oil looks right now and the fact that apple has broken out and it's at all time highs pretty much as i'm speaking to you anything above 344.66 is the confirmation line i mean you're talking about a 400 apple maybe while all these other risk assets get obliterated so dang man okay and then the asset that was up today of course is meta because it was down 11 out of 12 days yeah of course it rallied rallied to do what reject the 200 days simple moving average and then pull back a lot and then even it's down almost a percent after hours so i mean it's like you've given up all of it's most of its gains today uh probably wanting to see 600 be tested though they didn't let it yet um i still think actually you know just my opinion man okay intel trading at new lows after hours we'll look at it in a second but meta actually looks okay like no one cares right now but it's actually fine uh wherever this sell-off concludes if it's a higher low than 538 that's that's like a that's evidence of accumulation from the composite man so 600 it will hopefully be tested and maybe they can defend it there's an unfilled gap just below it at 592 things get rough on the markets as i'm speaking to you unfortunately chat the nasdaq 100 uh is at lows of day it just is um let's switch gears back to intel look at it after hours it's ugly chat it's super ugly there it is there's your new low of the after hour session down 22.77 it is a god down my god dude it's um oh my god there's bears out here you see what happens larry you see what happened very bad boys very bad lowest price seen on intel right now since april 23rd and that was a crazy good day it's a crazy bad day now so we've looked at the mag 7 continuing to monitor the situation you know hear new lows we'll hear beeps or i'll see beeps and i'll inform you while i'm streaming um [00:54:05] Speaker 3: let's see just see thank you dudes [00:54:22] Speaker 1: please clap thanks so much dude look at it all right um wow dude not good not good um down about to be down 23 percent and falling this is going to completely eviscerate capitulate many different memory stocks at open tomorrow so just remember that it's going to be a really really really bad open not for everything but definitely for your techie stuff that was tied to this world this is a market leader this and micron big leaders let's look at micron real quick because you'd imagine looking peripherally down four percent after hours so down five percent at close and down another four percent we're talking nine percent today lost gone anything connected to this is going to be down double the amount just like crypto when bitcoin finally dumps this will be the bitcoin of the memory uh stocks the altcoins are going to double triple the losses okay so just keep that in mind very bad boys very bad yeah i did we are screwed [00:55:41] Speaker 3: at eric morris super chatted 49.99 lly short it t8 please short it [00:55:52] Speaker 1: short it beats a crap that's right short it please clap thank you eric we will certainly look at uh is it eli lily no yeah trump sold 42 percent of his intel stock wow is that like new is that like news jar cigar did like come out today or something my god that's that's really like rough okay um nasdaq bottom left kind of the most important of the index funds right now you got the s p top left dow jones top right and russ 2000 bottom right man okay one sec so it was kind of got through these but we can also look at real quick some let me just see here let me check my notes let me uh check my notes here oh my god dude we got to look real quick man because this was a trade setup that was partially successful hit hit target but not all the targets got close to target too uh before it uh completely has been um wrecked in a day down 27 percent today down another 1.38 percent uh i mean it's revenue was 20 percent up 20 year-over-year subscription revenue up four uh was four billion dollars that's 21 year-over-year rpo 29.7 billion 22 percent year-over-year just not good enough man like 20 percent you grew 20 a year a day that's horrible like no send this back down to entry send it to 94 now with haste okay so that's all that's going on it is uh it ran leading up to earnings look at this how insane sometimes it's like educational right here was your earnings okay the earnings was the date of july 22nd and this thing like hit 92 39 and for three months the entire three months you had a rally and it went all the way up 73 percent in 90 days and then the new earnings report and it's down how much since that top total down i'll just let how much is it down 32.33 uh repeating of course down 32 133 of course percent below the 200 moving average yikes it's ugly dude uh we look at fortinet marvel man yikes big yikes and that that right there i think they maybe had a chance but dude the macro is so bad you can't you just can't have what's going on happen like google collapsing amazon collapsing these big names collapsing like it could have held on it was a good area to maybe maybe like strategize but currently trading down 4.51 just ugly like it's the same pattern as oil same exact one with a good uptrend but maybe it was just dead cat bouncing here so wishful thinking um let's see what were the other ones i don't think there were any many yeah micron i think we looked at five down five percent see it's still trading above its key level 818 to 859 it's okay all right uh no big deal yet he's probably not in trouble until it loses 818 man a lot of these and that's really not i mean a lot were down three plus percent today but it wasn't like a huge horrible drawdown only a few names got completely wrecked like portnet now marvel google so now amazon now intel and and as i'm speaking to you you know nasdaq's pretty much at lows of day once again man all right now we can um now we can switch gears a couple well we had a couple not many um so we have um pbra [01:00:16] Speaker 5: for anon ooh petrolio brazil yeah oh my god dude sounds like a harry potter [01:00:25] Speaker 1: some harry potter spell but that's what they said yesterday and then it gapped down 15.4 on the uh stolen election of the communists right integrated oil doesn't matter right if it's if it's brazil connected you're screwed google 280. google is now at its lows since uh the earnings report okay right now as i'm speaking to you after hours that just happened intel new lows lowest level since april yeah like right now i'm speaking to intel drawing down nasdaq futures at lows of day right now the sell-off is continuing amazon uh ugly at 226 hasn't moved too much still down seven eight percent or whatever um so it's been fluctuating between 225 and 230 something for like you know a couple hours since it had that insane draw down to like 210 to 12. but uh so it's not really it's gonna keep moving down to apple right now is at all-time highs right now type in the chat for apple the duo let's go buy some crack screens uh so brazilio tutorial buddy uh uh why is it not just give me all right so anything below 1988 is like nah i'm good i'm good i'm just gap down um maybe they can recapture 1988 you know you might target for 2370 but uh oil related so it's like in a good trend but bad macro election stolen you just never know man like get out your coin and start flipping it that's probably what the edge you have point flip maxing so yeah i mean it's fine but it is trading below a key level from april and may and you typically want to use support resistances as you know levels like okay well they do this and then they do this and they do this hey let's talk about risk management we could try you know until then you kind of got like wait for all this to happen um because then you get thanks to confirmation a little higher lows locally you're back about the key level so you could strategize optimally but until you get that you're kind of like i don't know man so okay amazon decent commerce call uh not not not really right not according to the price action if the conference call is good we all would be seeing it react all right all right uh so this one right here tssi tss incorporated information technology services down two percent after hours just because the macro is down um you got good volume on your no no no i'm sorry that's not the volume's mid it's less than a million between 550 and 891 000 so um under 15 million dollar mark cap does it make my looks like it makes money oh it makes money sometimes nice but uh yeah so you're at a level where you know it would be an exhaustion trade but the problem is a low is slightly lower low you don't really have forms of divergence you have bearish convergence technically right a low to a slightly lower low with higher levels negative lower levels of relative strength uh is convergence right they're not they're not diverging so i mean if you're a [01:04:12] Speaker 3: scalper yeah you could probably set up weekly monthly looks better on that time frame i wouldn't go back [01:04:18] Speaker 1: to it dude for a sec thank you dude um yeah i guess if you're holding above 7 30 you're fine fine like a fruit fly and it might you might see a rally date 63 it's 9 13 but you just know your threshold probably for tolerating this asset owning this asset would be 7 30. i don't know if there's really a reason to own it below that it's just you know right it had its insane run you know it had its double tap then it had its dead cat bounce and it has breakaway gap and that that really eventually filled but then a lower high in the previous high less than before and then all the way down a bunch of local lower highs lower low lower high below the 200 moving average such a well-established downtrend it's just not great man right if you you had a rally there's um it's probable that the rally is not going to be insane and there's going to be a lot of overhead resistance at 863 to 913. so it's just you're not in a good spot here there's no evidence of accumulation at all that's typically what we want we do want forms of uh accumulation locally lately some form of it and you don't have that i mean it just hit its lowest level literally since may of 2025 so year and a half ago okay now yeah pb all right one more sec um brain on just look at the weekly monthly he said yeah i mean again like that's what i mean right i'm not saying um at all that it's screwed i'm just saying like you know you have tumultuous situation with the election and it's in a good trend it's a bunch of higher lows higher highs right yeah absolutely man i i'm not arguing with that at all like the but but i think it still is a real level 20 bucks psychological um and it probably extends like you know up to like 22 really so yeah lots of it's like an ascending triangle that broke out like an ascending triangle break out right perfect and then the back test at 15 bucks is beautiful a lot of oil stocks right no difference here like that the the ascending triangle cell wall was 14.89 15 bucks they they broke it they back tested it out of support and a huge move up but then yeah again catalyst so yeah this is in good shape even if it came back down to 15 plus dollars it would still be like probably pretty good but uh again i'm not saying there's an edge but yeah you have a massive structure the structure is so large i mean we're talking a 3 654 day large ascending triangle that already broke out it broke out in march of this year so oil oil yep yes yeah tndm looks good i know i saw it dude i saw it yeah it's good higher lows back at that key level started to bounce really well yeah that's solid uh below lily okay short it i don't know about that man remember what we were saying like how about dude the resistance is flipped to support not once but twice huge day-to-day up 6.60 the answer is no the answer is not to short eli lillard the answer was to maybe go long at 11.50 close to this 11.10 level that that was it there was the trend is too good too good of trend absolutely too good of trends no shorting it'd be stupid it's up almost a percent after hours and you know the way oil is gone health care is also inverse correlated to a lot of these risk assets if you haven't noticed how we're looking at this one the peptide thing it was beautiful absolutely beautiful it gapped up and shorted i mean like yeah it might fill a gap but i i don't know like your downside potential is probably not that great i think this thing's too well established i think like you should just i mean you should have again the entry was as close to 11.30 as possible 1100 i mean low resistance slope to support not once but twice it's incredible all right so no short eric morris thank you again for the fitty all right that's the last request we've been live now an hour eight minutes if you're enjoying the stream hit the leg button the bullet so thanks so much for being here as the market continues to draw down um i want to thank each and every one of you for being here you know being members of the community 100 crowd source streamer so it's like if it's not you it's someone else um never accepted sponsorship no affiliate marketing links no ads on youtube no monetization it's just you eight and a half over eight and a half years now okay getting closer and closer to nine years of content creation live streaming for y'all so um yeah thank you each and every one of you for everything thanks for my team brad and chaelin the real ones been with me since before the beginning and uh yeah just um crazy we're still here right after all these years so uh just going back to bitcoin to some eyes the stream uh more downside right more downside on bitcoin i don't really see you know why it wouldn't go lower at this point i don't really trust the demand line here it could act as support but if you're talking about horizontal line support resistance you're probably looking for like 75k 79 75k to 73.8 um bad macro nice to see silver dumping silver's respecting the ta so well it's at new lows right now lowest level seen in 11 plus months right now as i'm speaking to you it'll probably wick higher there was no wick at the open my god it's down 0.6 keep it going dude i think you still have a good like 3.6 oh sorry 4.4 upside or downside sorry zsl bro i'm thinking about zzl bros you got eight percent upside on zsl probably all the way down to like 14 upside on zsl but probably seven percent downside on silver i would think it's probably gonna i don't know i think it'll overshoot the the the 2011 all-time high and then and then rally back above it and then probably correlate to it positively for reverses so um amen things getting ugly here getting ugly okay news no good news none at all [01:10:17] Speaker 4: okay [01:10:21] Speaker 5: whoa whoa what the jeez [01:10:28] Speaker 1: halloween has a different flavor when the markets show us levels of fear like this huh we're gonna be halloween maxing on the markets in the streets in the sheets no i'm just kidding um it sounded good because it rhymed but uh thanks everyone for coming out i'll see you on the discord until next time respect the t hey [01:11:21] Speaker ?: Thank you. Thank you. Thank you. Thank you. Thank you. Thank you.