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KRANE SHARES ETF DEEP DIVE!!
Recorded: March 9, 2026 Duration: 4:46:57Space Recording
Full Transcription
Thank you. Thank you. Thank you. Good morning, spaces crew.
Oh, got myself unmuted on my computer.
So I was hearing double for a second.
Good morning, everybody.
Happy Monday.
Welcome back to the Wolf Trading Show.
Best show on X.
Best spaces on X.
We're back with another week.
Gonna be interesting. with another week. Gonna be interesting.
Light earnings week.
We got a decent amount of data coming out this week though.
No data today.
Looks like a no news Monday unless I'm missing something.
I'll double check here.
Yeah, we don't have anything really today.
But Trump tonight is speaking later in the evening, not during market hours.
So we'll see what happens there.
But not much going on today or tomorrow, really.
But into Wednesday, Thursday, Friday, going to be a decent amount of data that hits this market and could affect things pretty heavily. CPI on Wednesday, unemployment claims on Thursday,
and PCE, GDP, JOLTS job openings all on Friday
coming out at the 8.30 and 10 Eastern.
So decent amount of data this week.
We'll see what that does.
Not too many earnings.
We got Adobe reporting, I believe.
We'll see if there's anything else that's
really a big watch. Maybe Oracle, maybe Neo. But other than that, pretty dry earnings week.
And it's going to continue to get a little more and more dry each week, basically all the way up
until midway April is when earnings season kind of starts creeping back in with
the banks and netflix and uh tesla and all that coming around the 20th so
gonna be light there see if that affects the market heavily i really don't think that would
change many things just because volatility is still decently high right now. Where's VIX this morning?
VIX is at 31.
Hello.
Yeah.
I say this every time VIX is quite high,
but I'm going to say it again.
Be careful with your sizing, guys.
It's very important.
If you're just going sizing,
kind of randomly sizing the amount of contracts
that you want to trade
versus sizing what's proper for the amount you're trying to risk.
It can really be detrimental to your account in this environment.
So just please be careful.
31 on the VIX is no joke and it can absolutely go higher if it wants to.
A nice spike there.
I don't know if anybody's looked at futures.
You look at MNQ or NQ.
We did drop pretty heavily on the new week opening gap.
So we do have a new day opening gap above us.
We have not filled it yet from last night.
So just initially seeing that, I'm like, okay, what do I want to see?
Well, I want to see that gap get filled, right?
Especially a gap here that's like at the bottom of a range.
I definitely expect that to get filled to the upside.
But, you know, I could be wrong on it being today.
Although the way this is looking, I would really like it to be today.
But we'll see if we set up for that, right?
Not always going to be right.
I kind of thought that last week on the gap that we had,
and we didn't initially go to it the first day.
It took a few days.
So we'll see if we can get something like that to go fill this gap,
which is about 250 points to the upside from where we're trading right now.
Would love to see something like that.
Just looking, though, I got some spots drawn out on NQ,
just where we could drop in the spots I'd be looking at kind of going into the smaller timeframe range on like a 15 minute chart here that we've been trading in.
I wouldn't mind if we dip to the hourly and 15 minute gaps that we have below us, kind of sweep the bottom of this range that we're in right now and then try and maybe move higher.
right now and then try and maybe move higher uh if more selling wants to come in and we want to
drop maybe to that london low could definitely see that maybe there's a scalp short there as well
uh down to that london low and then from there i would have to be looking long again unless we end
up drilling under 134 under 24,134 i have to be be thinking we go to Asia low and any thoughts that I may have had for upside are just wrong right now.
Right. So looking, definitely looking for upside, would like us to drop first, then to go higher.
Right. I want to see I want to see the market move lower so we actually can move higher.
Right. And drop into some spots where I can get some good risk to reward.
But overall, we'll see if those thoughts are
correct. And if not, if you want to run through this smaller timeframe range that we're in,
I'll definitely try and look for any setups to get to that London low, potentially as a little
bit of a scalp into that area. Although, again, with VIX very high, the moves that look kind of
small, like the move to, you know, if you're looking at the chart right now, a move to London low doesn't look that massive. But from where we're
at, it is 170 points, right? It's a beautiful move. So plenty of room to capitalize, depending
on what decisions the market wants to make. I'm really okay with either way this wants to go.
But initially, you know, my eyes are very drawn to that new day opening gap that we
have, because those very much, you know, majority of the time get filled. And especially when we're
at the bottom of a range like this, we're at the top of a range, right? Like back in on NQ,
if you look at back in October of the last year, we had those gaps to the upside.
And there's definitely times in the market where, you know, you look at QQQ during, what
was it, maybe on the COVID dip there was it, but the tariff dip, right?
We have gaps that are still sitting there that we never, you know, went and filled.
But those were also at the bottom of a range created to the upside right and that's where i
think it's less likely um whereas you know at the top of a range like this those gaps at all-time
highs it's like okay it's quite likely those end up getting filled right and so that's kind of how
i'm thinking about the bottom of this range uh as well gap down to the downside it's quite likely
that we're you know we're at the bottom of this giant time downside, it's quite likely that we're at the bottom
of this giant timeframe range.
It's quite likely we go fill this,
even if the market ends up wanting to move lower.
So that's kind of my thoughts there.
That's why I'm confident in that.
But of course, the market can tell me,
Jordan, we're not going to do that today.
Your thoughts are wrong,
and we're going to drop through this spot,
and I got to be ready for that, right?
So we're prepared for both ways here.
Just some other things to note.
Oil is up 11% overnight there.
Big moves there with VIX up to 31.
Oh, I think, I hope Will didn't press that short on Friday.
I think he was talking about it, because that would be rough.
That would be quite rough.
Let's go through some news real quick.
I'll go through some other tickers for this morning,
but let's just see what Evan has posted this morning.
Uber just confirmed it will be expanding a feature designed to match female riders and
drivers to be able to be available nationwide. So if you want just a woman driver, rides for
women by women only. Love it. Love it. Hensin at her stock is up almost 50% in the pre-market.
Nods must be happy.
I think it's still down about like 20%, 30% year to date,
but decent recovery there.
Let's see where that's at, actually.
I'm curious.
How much is it down on the year?
Yeah, still down about 31.5% on the year.
But, I mean, beautiful.
Beautiful move so far.
We'll see if it actually grows legs.
And it's not just kind of a news bounce that gets shorted, you know.
We will see.
Novo Nordis just said.
Novo confirms will sell WeGovie.
I'm sure I'm butchering that.
ZenPic on HIMSS and HERS platform shots.
WeGovie pill available on HIMSS later this month.
HIMSS will no longer advertise cheaper compounded GLP-1 drugs.
Tom Lee and BitMine bought 60 976 more ethereum this past week
where's bitcoin and ethereum let's just take a look at bitcoin to be honest
bitcoin at 68 and a half not really getting any legs staying in this range makes sense that's
pretty much what i've expected so far um that bounce was cute last week, but it was right into weekly bearish order flow.
I'm not going to be heavily bullish or heavily thinking that we're reversing when we're just sweeping previous week highs and tapping into weekly bearish order flow like that.
So, again, careful what you see on the timeline, right?
Every time Bitcoin gets a little bit of a pop towards like 70 or freaking over 70, people
start to freak out and be like, this is bottom, dude.
Let order flow tell you, literally.
Like if it's bottom, we'll run through all these bearish gaps to the outside and then
we can talk about it.
But tell them, chop, chop sideways.
Great, great for maybe picking up, you know know some cheaper prices on the long term right that if you like bitcoin but um i definitely picked up some but i'm not
sitting here going i think i'm getting bottom or whatever because i don't need to get bottom i'm
just trying to pick up decent lower prices right so we'll see what happens there i expect us to
kind of just keep chopping in this range to be honest honest. If we do move at all, I have to expect it to be lower
until higher timeframe order flow starts to flip a bit.
Morning, everybody in the chat.
Shout out to you, Seth.
Guys, if you are not following the Wolf Trading channel here, make sure you guys are following Wolf Trading.
And like and share out the spaces.
Try and get as many people in here as possible every morning.
Should have more of the crew joining up soon towards market open.
We got about 15 minutes, a little over 15 minutes until this market does open up.
Should be a fun morning what other names are moving this morning if you guys are seeing anything feel free to drop it in the chat. I'm noticing BA is up 4%. Don't know from what.
Doing good there.
PLTR up 3%.
Everything else on the watch list is down.
Amazon, Google, Tesla, AMD, Netflix, Hood, Coinbase.
All down.
Coinbase and Hood down 4%.
Over at NVIDIA 3%.
We'll see what happens when this market gets open.
Oil coming back in a bit, only up 9% now.
Was up 11% just a few moments ago.
Oops, there's any other news.
NASDAQ partners with Kraken and plan for 24-7 tokenized stock trading.
The framework is expected to launch in early 2027,
and grant holders of the tokenized shares the same governance rights as those investors who own the underlying securities.
The initiative will be open to all issuers that want to opt in,
including those not listed on NASDAQ.
Interesting story there.
24-7 tokenized stock trading, guys.
It's coming.
They're partnering with Kraken.
Michael Saylor and Strategy bought 17,994 more Bitcoin this past week for an average cost of 70,946.
Taylor and MicroStrategy now hold a total of 738,731 Bitcoin, which they bought for $75,862.
Also there Evan was talking about oil.
Doesn't seem like there's really anything else this morning.
Those are all the news stories that I see.
Hmm. staying shopping in this range on m&q right now just below that london high and where that gap starts from overnight
still would like to see us drop into market open if possible
I'd like to see us drop into Market Open if possible.
Maybe the other scenario is we do run and try and take out the high first at London High.
And maybe there's a short from there unless we just want to go and fill the gap right away there.
I don't know if that would leave me much of an entry though.
The gap is 160 points. I think I'd be able to get something in between there. I don't know if that would leave me much of an entry, though. The gap
is 160 points. I think I'd be able to
get something in between there. Potentially
it'd just be more of a continuation play,
which this morning
I'm more looking for
a reversal play from
the lows if possible.
Either way, though, I'm not going to get too caught up in which way I want it to go because
it really doesn't matter we're in a range we either take out the high and we get displacement
above the high to go fill the gap and I can look to play continuation we take out the high and look
for a short from there to get to the bottom of this range or we drop to the bottom of this range and I'm able to try and look a little bit
long initially so really just a matter of what the market wants to decide first and then I have
to react off that always playing that reaction game guys don't need to sit here and predict
just got to have your clear lines in the sand ready and let the market decide.
Gold is down about a percent.
It's really just dropping to the bottom of this daily range that we've been getting a ton of bottom wicks off of on the daily.
So, I don't know, already wicking pretty hard.
pretty hard looks like it wants to just stay in this range for now
Looks like it wants to just stay in this range for now.
a daily candle on the NQ futures right now looks wild
how do you track order flow I know apps like Cheddar Flow give you call slash put options
is that what you're talking about that is not what I'm talking about personally I don't look
at any order flow like that.
I just look at order flow within the candlesticks.
That's order flow of people, you know,
buying and selling big positions
and you don't really know
if they're actually buying them or selling them, right?
A lot of the time,
there's just no edge there for me at all.
And some people have an edge there.
Some people make it work for themselves. I don't just no edge there for me at all. And some people have an edge there. Some people make it work for themselves.
I don't see an edge there for me personally.
But the edge is in the candlesticks, imbalances in price.
To me, that's real order flow because it's not some number on a screen. It's the actual price chart, and you're watching in real time what is happening
and what we're respecting or disrespecting rather than seeing some guy put hundreds of thousands of dollars on zero DTE calls and you're trying to follow that with no real conviction.
That for me is not the type of order flow I personally use.
But no hate. If it works for you, then that's all that matters.
That's all that matters.
But just not something I personally use.
But just not something I personally use.
For instance, 10 minutes till market would open, by the way.
But for instance, at 10 o'clock this morning Eastern,
we will be opening a new four hour candle
on the NQ futures.
If you look at your NQ futures right now,
you can see the last four-hour candle was a big one to the upside. And right now we're on a four-hour candle that is more of a doji candle, right? It's kind of not going anywhere. At 10 o'clock,
a new four-hour candle will open. When that happens, I definitely expect us to go see
this four-hour candle's lows that we're at right now.
Why do I expect that?
Because order flow will be created there.
There will be an imbalance of price created there that I will be watching in the four-hour, right?
But that four-hour candle needs to open because it's a three-candle sequence that shows you that gap in price.
that shows you that gap in price.
So as soon as this four hour candle does open
and this one closes at 10 o'clock,
be looking for previous four hour candle lows to get taken.
And then I have to be bullish from there, right?
Because we're tapping into a four hour imbalance
of price action until we run through that.
I very much expect bulls to defend this area from
$344.75 to $258.50. But don't keep those levels set in stone because it's not 10 o'clock yet,
right? And those levels can change. What if we open up and we drop to $317.50, right? Well,
now the four-hour candle low will be $317.50 if we drop there before 10 o'clock.
And so that means the imbalance gap, the gap will actually change, right,
until it's set at 10 o'clock.
So kind of hard to explain when it's over spaces.
Definitely can do more on the stream later and explain more for you on the stream later.
But, yeah, all within the stream. Later. But yeah.
All within the candlesticks.
Don't need to subscribe to any service.
Of order flow to be.
Able to read order flow.
Hmm. I calculate already.
Oh, there we go. Let us see. oh my god let's see
yeah no worries dory i i hope that made a bit of sense to you i know it can be tough when
you're just listening in it's it's much easier to learn with the screen in front of you um
so you know feel free to remind me on the stream later we'll be on there probably 2 p.m eastern
We'll be on there probably 2 p.m. Eastern.
That goes for everybody, too.
Feel free to always, like, if you guys have questions,
always feel free on the stream.
That's probably the best place to do it.
Of course, you can always ask questions here as well,
but it's always a little bit more difficult. Thank you. Rocket Labs green, barely.
ASTS is down 4.6%.
Ondas is green.
Let's go WAP.
$10 holla.
$10 holla!
Up 3.8%.
Pre-market
Needs to get out of that range
But holding well
Love to see it
Love to see it
I'll throw a Just for everybody that wants to see it, love to see it. I'll throw a, just for everybody that wants to see it,
I'll throw the economic calendar for everything happening this week up top.
Feel free to look over it.
Nothing today, but worth maybe noting Wednesday, Thursday, and Friday,
some of the pieces coming out there are going to be important for the market.
Of course, I don't really care about the numbers.
You may.
But for me, it's just more about understanding those times that that data is coming out and
being prepared for high volatility moments in the market, right?
Hopefully trying to use those catalysts in our favor.
Beautiful range this morning, though.
I really like how we're looking going into the morning.
There's clearly a lot of options for what the market can decide,
but I like that because it makes me very reactionary.
I can sit back and say, okay, I have my spots.
Whatever the market decides it wants to do,
I can adhere to that and play along, right?
You want to rip and try and fill the gap?
Okay, I'll look for five minute and 15 minute for value gaps to open up
and play continuation into that gap fill.
Oh, you want to sweep London high and then move lower?
Okay, I'll look for the shorts back down
to the bottom of this range.
And then we create that four hour imbalance in price into 10 o'clock and go retest
that to the downside. Great. And then I'm, then I'm bullish from there. Okay, cool. Um, we open
up and drop instantly and take out London low. Maybe I get, you know, a continuation to London
low if it's there. Um, or, and then we can sweep London low and maybe look for longs there, right?
There's plenty of options here, which a lot of people may not like some of the time.
I personally love it because I can sit back.
Market wants to do something.
I just react and whichever way she wants to decide, I'm fine with, right?
It doesn't really matter to me.
Okay. matter to me. We don't predict.
We play the reaction game
around here.
Yes? Yes.
I think so.
I think so.
Betrayed's.
Good morning, sir. What's up,ades. Good morning, sir.
What's up, guys?
Good morning, sir.
How we doing?
How we doing, you know?
Another beautiful day in paradise.
Yeah.
Gonna see if we can make some money on this morning, on this fine Monday with no news.
I was just saying to the audience though i love i
really like where we're at um a lot of options you know i i have my thoughts like on where we could
go but really it's just i have lines in the sand whichever way we want to decide i'm happy to adhere
to what the market wants to do and play whichever way um we have that gap from overnight would love
to see it filled but if we want to not do that and maybe catch some sort of short into the lower parts of the range that we're in,
fine with that too.
Like really either way,
there's a lot of volatility in this market.
So I think either way the market wants to go,
we'll catch some great moves.
So I'm ready.
Mind our VIX is at 30, y'all.
Over 30, careful. Morning, Casey, casey frank amma jamma good morning i agree with what you just said too you can really make a case for both ways
you want to get smoked go full loss today
a lot of mega caps are sitting on the 200 too. It's going to be interesting to see how this plays out.
100%, yeah.
Excited for the morning though.
I love the high volatility as long as we have some clarity in price,
which I think we have some clear lines in the sand this morning.
We'll see if anything works out.
It's been more on the dry and boring side for me.
I've taken two trades this entire month and they were last week.
Would love to see some more opportunities
arise for myself and my trading this week.
But, you know, whatever the market offers.
Let's see.
Market opens in 30 seconds.
Let's have a great day y'all that fill iwn um potentially is it to the upside i haven't looked at iwn really i usually just
look at rty but yes i see that gap um oh, potential. I mean, we're going to open up a percent and a half lower.
Always potential to fill that gap.
It's got two gaps to the upside, though, on IWM specifically.
So something to watch.
Already bounced so far, though.
Ding, ding, ding.
Whoever has that bell, it's a great bell.
You guys.
Who is that? That was me. Whoever has that bell. It's a great bell. You guys. Love it. Who is that?
That was me.
B-Trades.
I'm going to need you to record that for me.
I need that.
I'm not even joking.
I need that.
That's a good one.
I'll talk to you later.
We'll DM you.
Just write off a finger swim, brother.
I got that good bell. All right initially london high let's see if we take it out
good morning what what a crazy overnight by the way and good morning i know if we decide to kind
of just sweep this london high and not really get displacement into the gap and look for gap fill I'm gonna I'm gonna look short from this area but if we're getting real movement over
this London high I'm probably gonna look to gap fill and then try and long that some sort of
continuation on the up to that gap fill if I can get it but let's see if they set anything up short
initially off in the morning here
what are you looking at minxie are you looking short here are you waiting for higher
curious do you have that gap i have not honestly like right now i'm just gonna wait and see what
happens i was in an occasional week last week so yeah yeah if we come back to 24, 460 ish and hold, that would be a place for a long for me.
I cannot long up here.
Unless it's more of a continuation.
I get clarity for going to the gap, which I don't have at all yet.
So, yeah, I'm watching 256 on Apple that we just whipped above pre-market high on the queues and then fell back below it.
So if we could look above it again, I do think that gap feels relatively easy at that point.
How's everybody's weekend it's great thank you had a great time it was nice to get away from the charts a little bit get get out to the beach
nice I stay pretty huddled up in my room most of the time, just working throughout the day.
But I force myself to get out and enjoy the island a little bit.
I took a Nvidia call position, FYI, guys.
Super high risk.
So not really seeing any signs of wanting to continue over this London High quite yet.
I want clear displacement, like clear momentum that, okay, we're pushing to that
opening, to that gap from Sunday. And then I can maybe try and catch
some continuation long, but it's all in. I've got to look short from here.
Still got London low we haven't? No.
I mean, yeah, we have London low we haven't taken out, but that wasn't the first low. I'm looking at
24, 344, 75.
Again, into 10 o'clock, we still have 20 minutes or so,
but into 10 o'clock, I want to see that four-hour gap open up
and let's retest that.
So at some point, I want to see those lows I just mentioned this morning.
Rubin should get it to 16s today.
And it's already green over Friday's high.
Get over 1577.
Could fill that gap into 1607.
With the big news that they have coming Thursday.
And actually the whole entire week they have a big event too.
I very much do not believe that we would open up this
four-hour gap and go test it but i know the market loves to humble those thoughts sometimes so i'm
always open-minded but i really don't see a world where we don't go test that so and get ready for
that in the 10 o'clock dude it was crazy i i was trading last night. I had two trades.
One of them I won.
The other one I got stopped out
five minutes prior to what I wanted it to do.
Love it.
I was just...
I was like...
There's no way...
I mean, oil was ripping.
Dude, oil flew.
It's down $20 from that.
I'm praying that Will was not short that over the weekend.
He was.
Because I think, oh, no.
Not now.
He actually texted me.
But he sold, he definitely made a lot back because he sold calls on it.
Good man.
At like 116, 117
last night too.
Good man. Oh, he was probably up all night.
Jeez.
Oh. Oh, this might be so prime into 10 o'clock.
It might be so good.
I hope it is. Let's see.
All those relative equal lows.
You look at the bottom of this range, 24, 3, 4, 4, 75.
Then you have, like, that low from20 and that low from 848 this morning
all lined up kind of with each other.
I want to see those get blown through.
Okay. It's hovering around London High right now. I'm just waiting. I'm going to take a short soon.
I'm open to it.
Might be coming here soon.
Yeah, grab some meadow puts here.
Smaller position. Still waiting, not doing anything yet. Спасибо. Okay, I'm short.
Let's see.
I might be getting short with you here soon, depending on this four-minute closure here.
I'm short with you here soon, depending on this four minute closure here.
Okay, there's 16, there's 20 points.
I'll look to target the range low that I just mentioned, 344.75.
If I get a trigger here.
there we go come on flush this thing
flush it keep it flushing oh shoot you guys accidentally closed my freaking position
oh no
I had my finger on this freaking thing
been there
oh I've done that too
many times
been there Mingzi
yeah I mean I'm green but I closed my position
so now I'm gonna
reenter
okay I'm back in
a minute and a half till this candle close good morning spaces crew
morning casey good morning good morning good morning good morning little mama oh can i please
get the trigger short into 9 40 please please? What's wrong with my thing?
You have a few names green.
You have Coinbase up like 2% right now.
WDC, Oxy, Unity.
Rivian's up 1.5%.
There we go.
Just make sure you're trimming. This stuff moves moves fast especially nasdaq if you're trading
this volatility too looking for longs right here on this back test
because if we lose this spot again it's probably just going to continue to be ugly.
There we go.
Come on.
Yeah, there we go.
Me too, Rizzo. My profits, I mean, my runners earn profits. God, I can't even talk.
Let's go.
Nice.
That's a pretty short.
Not going to lie.
Except I...
Finger on the trigger.
I'd be too trigger happy.
I think.
Keep the guns away from me.
Just kidding.
So don't.
Okay.
Kill more.
Minxie is drinking at 940 in the morning.
Yeah.
Yeah.
Yeah.
I'm with it.
I'm with it.
You have a few names with the belt of strength and tech.
Come on, meta. Let's go, baby.
I'm short, but I need to go break even at this range low, 344.75,
and I'm looking for 309.50 for a one-to-one here.
For a 1-to-1 here, I'm risking 24, 485, 25, the highs, basically.
I'm risking 248, 485, 25, the highest, basically.
Watching 592 area on queues.
And I want to see if we can look along to that gap,
or maybe we keep potentially drilling.
I'm going to take a guess and say we
drop another 40 and hit the 200 sma on uh i don't like you there already dropping taking out these
levels oh my gosh this drill
there we go.
Should see 330. Microsoft is drilling.
NVIDIA is pulling back.
Tesla's pulling back. Amazon, Meta, everything's pulling back, Apple's
pushing up, which is not what we want to see if you are bullish.
Come on.
I have to put my stop at R even because freaking yes has taken out these spots already so
basically just sit back and pray this just keeps drilling and doesn't
pop up stop me
at break even. take her app over previous day high
she might get me break even here but that's okay that's okay
coin now ripping higher up three percent new high a day
i wouldn't go break even if yes wasn't taking out the spots i'm targeting on nq essentially
same lows but she's doing it
it's unfortunate
just keep it drow.
Just drow, baby, drow. Drill baby drill
Come on
Don't do that
Oh Oh, Keep flushing. Okay, I'm out of my position.
I closed it as well.
Yes, it's just taking my desired target,
and there was money on the table to take, so I took it. But not what I wanted.
I wanted us to out further there.
It's not often I manual close like that, but
when I do...
You're gonna learn today.
It's just stupid
if I don't.
It's a negative risk to reward, which I hate.
It's fucking half RR.
Half of 1RR.
But the issue is, again,
ES took my target. That's the correlated asset with NQ.
I can't be sitting here trying to hold for target
with a stop or break even when
ES has taken desired target.
Great example of not letting your emotions
make the decisions for you
because I would have got stop to break even there and made no money.
Which still would have been okay, but stupid of me to not take that if ES is doing that.
If ES wasn't, then I'd be holding for desired target, but not worth it for me now.
I'll look for something else.
Apple's holding pretty well.
That's still kind of my main focus on the call side.
Like 48 points.
There it goes. Well, what do we want to do, huh? We could tap into
hourly for value.
I still want to see...
I kind of think we're just sitting here
waiting for this 10 o'clock candle to open.
Okay. open and 10 o'clock want to see slow get taken and tap into four hour imbalance and then got to be bullish from there unless we end up running through that but we still got about 10 minutes until that candle opens so
probably best for me to stay out of anything until then
wait for that to open up and have some conviction.
You know what I see right now?
Nothing.
What do you see?
Nothing.
You said nothing.
Nothing.
I'm waiting.
What should I make on that?
Damn, I thought I got filled for more
freaking slippage bro yeah the fuck is that dude
kidding me I thought I made over like 550 bucks per account there it was 470 which
I'll take it it's still great but but like I... But what the hell?
I don't like when that happens, man.
That's why I like limit orders for myself.
No more.
But...
But... Oh no.
There she goes.
Desired target getting hit.
That's all right.
I did what I was supposed to.
There's 592 queues, I'm long down here.
Alright, alright.
So, still not 4 hours.
I need Teleclaw.
We would then. I was heavy on meta.
I took my 50%.
Nice.
What is moving this morning?
Circle.
9.5%.
Tesla's drilling.
Just underneath there.
This weak low here.
2X leverage.
Circle.
CRCG.
Hooking.
Was that 18%?
Almost 20 now.
Good.
Boo, I just trimmed.
I took that long with you, Casey.
I just trimmed that pop.
I think it was you that said long.
Someone said long. Someone said lawn.
It was Casey.
Oh, okay.
It was the digital monster.
The kids.
The kids.
We just trying to curl back up some.
And Apple held on relatively well while cues were kind of selling.
So I'm watching Apple in particular.
I think crowd can be a good one.
Crowd's getting a nice move back up. Patience, patience, patience.
Amazon new lows.
Nope.
NQ new lows.
IWM is dropping hard.
Oh, actually.
IWM, Spy,. Oh, actually, yeah.
IWM, SPY, and Q is actually all are the same today.
Yeah, Carnival Cruise line down 8.3%. Getting smacked.
I think your airlines are also all getting smacked.
A lot of those are down 6, 7 plus percent.
By the way, oil new highs of the day
i'm expecting one more low after 10 o'clock here
and then do we try and drill through
258.50 it's my last line in the sam for kind of
supposed to try and
hold this on the four hour
or else we get to london low
scalping tes Tesla down now.
I'll be right back.
Bouncy. bouncy big bouncy 60 points there's another reaction right here on cues at the same zone just needs
to get some follow through and get a push back up to like 593.35 i think once it starts to push and if it closes above that that can
be a decent move for just a little upside
and there's there's the level
that was quick.
Thinking about between, I mean, it's massive volatility on APRIL, guys.
I've gone as low as 10% down and up as far as 40% with the zero DTEs. It's just, you know, one that the volatility, unfortunately,
is pulling it all over the place.
I do believe that 256 break could trigger some nice push here.
It's a level I'm watching.
Google's sitting both lagging at the highs.
Your NVIDIA is coming back, amma-jama.
Yes, it is.
Only 70 cents from the highs, 80 cents from the highs.
Tesla's getting shat on.
Three minutes.
I want to see this drop to the lows.
Any news today? Like data? No, sir. Okay okay i'm speaking in the evening oh mr trumpy nothing tomorrow cpi wednesday thursday unemployment claims friday pce gdp
jolt's job openings It's a stacked Friday.
I think this bounce is finished.
Here we go.
You took the long right here.
There's about 55%. There's a trim spot right here.
You took the long on futures.
Good morning, sir. Evan.
Yeah. Good morning, guys.
Good morning, sir. guys good morning sir fix at 31
evan at 37
wow interesting
35 means volatility
is quite high
come on for our candle
yeah i am down to runners on apple here guys we're about a dollar 45 to 220
It's kind of choppy melt up though.
We don't like that at all. Circle still holding that.
Trying to keep it going.
Rocket Labs up a percent.
Almost two now. All right, gap is opened.
Let's drop to the low and look along now. coinbase trying to hold the green here
not looking amazing
ba was up 4% now it is down 3% drop it come on he has opened up the same gap
and did but really small, way smaller.
Interesting. Oh, we're stuck.
I guess I don't want to do anything.
Oracle earnings tomorrow.はい。 hmm I'm not gonna have nothing here until they drop this thing. I don't know.
This is rough, I think.
All right.
Trim up some of these futures long here.
Move a stop up to entry, secure green trade.
There they go.
Ripper.
That is 100 points on MNQ for the long you're so handsome love you
i was looking at the five and ten minutes i I was like, damn, that actually looks good as shit.
You want to test that four-hour gap right now? We will.
At some point.
Google new high day.
Mark my words.
Video's almost at highs.
Google new highs. pull in new eyes we're getting some rippers
we're getting some rippers
no setup long for me here
Thank you. basically back to the gap here do they take out intraday high
down to runners on apple guys nice
what a sniper Down to runners on Apple, guys. Nice.
What a sniper.
Good morning. How are we doing today?
Great day. It's Monday.
One of the best days of the week.
I know. I agree.
Kratos has reclaimed $90.
Love seeing that.
There's certainly some green spots today.
You just got to look around for them.
Oh, yeah.
Circle's cooking.
Damn, son.
Well, it just makes me short that.
Hell yeah, I did.
Hell yeah. That was fast.
APP, new high a day.
My lord, I just killed it. APP new high a day my lord dude futures are insane
for the kind of moves that you can catch
like oh I know
quickly
where is my
you guys know how I can
make sure that oil doesn't go up
I'll just buy some options
option calls works every time save America Make sure that oil doesn't go up. I'll just buy some options. Option calls.
Works every time.
Save America.
Yep.
I'm going to save America, guys.
Make sure you will do it.
Wow, we trimmed that apple perfect time.
And Zom.
And I don't even know how to find my options broker anymore.
Forgot how to read the options chain altogether.
Just hop to the four-hour gap, MQ.
Come on.
Thiemen are up 3.5% today.
Yeah, I heard Tom Lee was buying more Ethereum.
We should bring Tom Lee here, you guys.
On the trading show?
That would be awesome.
I think we've had him on for some of the conversations. That would be hilarious to get him on the trading show that would be awesome I think we've had him on for some of the conversations that would be hilarious
to get him on the trading show
let's rip him into us
I met him in person with Gob
at Future Proof the last time I was there
they're at Future Proof right now
yeah right now yeah
I think it was last year maybe the year before I forget but now we saw Tom Lee
else pretty cool
all right so yes wants to drop first when kill come on, link you, you know you want to. Thank you. Yes.
I'll take out previous four-hour lows.
I'm looking for NQ to do the same here.
Then we look long.
I see Y looking a bit weaker, YM.
Crude oil up 13.5% now.
Oh my gosh.
Nice one. dance around.
Wow.
Apparently, we're at fear on the fear and greed index.
It's hilarious.
We're at extreme fear, sorry.
Bro, what?
How?
Yet the market's still at this level wild wild oh my gosh
i don't think we should even take near extreme fear unless we're down over 10
yeah that's crazy.
That just shows you the sentiment of the average.
Ticker B, eBloom Energy, up almost 7%.
It tapped into a really big spot this morning, around 132.
Just printed a nice reversal yes hitting previous four hour lows i want to see nq do that too but they might do old divergence here
that fear and greed index too just proves like imagine we did fall off the face of the earth
like 10 20 percent yep like people would be absolutely screwed some Tesla puts here.
Apple show them still some resilience.
Come on,
take it out.
And he's at the
200 EMA.
I'm thinking I can get right
at 380 on Tesla.
It continues down, but it could bounce.
I don't know.
330 is that 200 SMA on NQ.
We just tapped it and bounced.
For the second time today.
Tap, tap, tap.
Under that, though, if we actually drop through that
Q says another three dollars
for the 200 SMA
as well as NDX
translates to 100 points down from here
Minx was that you saying
tap tap
that was to Minx D
reminded me of Happy Gilmore
give it a little tap
laffy taffy Reminded me of Happy Gilmore. Give it a little tap.
Laffy taffy.
Drop it. let's see if we go under
We go on.
I'm pretty bullish here, honestly.
I just want to see these lows swept on NQ.
I can't really be bearish here until we run through 258.50.
This spot here
see if they respect this imbalance or try and run through it Okay. Spy's kind of hanging around.
It's minus one ATR here.
Yeah.
I'm seeing further down, but you never know.
Yeah. Thank you. see they gotta hold these lows on nq he has to take them
so they could yeah see this is what happens this might be your bounce right here
I've got multiple lower wicks
I mean it's
yeah
probably run this back up to the EMAs
Okay, closure.
Notriga. I am I've had a good I've had a good 45 minutes here. I might call it. Yeah.
I'll still hang out.
Hit my goal in 45 minutes.
That's crazy.
Well, more than my goal. so so what did i miss what i mean um i saw the way futures opened last night i was like i mean did something change about the wars or something important no i mean it just didn't it didn't end like they were hoping i don't
know what's going on basically the main catalyst is to rand's entire reserves were destroyed so
this means they're going to be buying more oil on gas off of the markets it wasn't their production
that's destroyed but all of their reserves so they're sitting on no oil in Tehran.
Don't we have more oil than they do?
I mean, we don't choose to produce it, but... Yeah, but I mean, it's a supply and demand thing.
Yeah.
And I mean, honestly,
it's pretty much the strait that is impacting everything.
Exactly.
The market doesn't really care that bombs are going off in Iran.
The market cares that the strait is conflicted.
Yep.
And even though Trump said they would, you know, escort ships through, a lot of them are, you know, those are civilian jobs.
And they're not really wanting to, you know, drive oil rigs through or ships through a war zone, you know, so.
Yeah, I imagine if I was on a tanker, I would say, yeah, I'm not getting paid enough to do that.
Right? Like, hell no. I'm not, yeah. Nope, I'm good. I'm going to put into my vacation time real good.
time real quick.
Although the escort would be pretty cool.
But I mean,
high risk. Same spot again on queues and MNQ for the support.
I'll bounce back up here to retest EMAs.
Just kind of chopping. AVGO, New Ohio Day.
I'll try to push up
to 340 on AVGO.
Has anybody flown lately
in the last few days
i did did you was everything okay with like tsa or were you going internationally or
no it's fine oh b trades yeah i flew above iran two weeks ago you did what you flew above it
yeah i got a picture of my plane on flight radar right above Tehran.
That's crazy.
I think the bigger airports are having
TSA issues
with wait times.
I was thinking about
visiting New Orleans soon, man.
I heard they had five-hour wait times.
I was like, what in the world?
Yeah, there's that.
Five-hour wait times for TSA or for what? Yeah, that's what I heard they had five-hour wait times. I was like, what in the world? Yeah, yeah. There's that. Five-hour wait times for TSA or for what?
Yeah, that's what I heard.
For TSA, they even took... So I have the pre-check,
and they're basically just giving you that blue card
to go through with the pre-check
just because they're so backed up.
You can't even have a separate lane for it.
Google new highs. I think it just filled the gap
from the overnight session.
Google, put the market on your shoulders.
Oh, this chop is killing me.
Some good trades early and now I'm like, nah.
It's crazy.
We have not broken a high or a low yet.
That shit crazy.
Yeah, if Spy could get some closes above 665,
I mean, I see the bottom wicks trying to form down there underneath,
but I don't know, it might get some traction. All right, if you took the long game right here trim
damn here it comes that was quick
it's almost 100 points around two it's like 86 points right here
it's gonna come all the way up and fill that gap from product It's almost 100 points round two. It's like 86 points right here.
It's going to come all the way up and fill that gap from Friday.
Isn't it?
I'm sneaky, sons of bitches.
And there it is, another 100 points.
Same thing.
Potentially.
That's where I think the market, like, that's the real draw.
I think that's been the draw.
But do we need to, like, drop further to get there is the question.
But yeah, I think overall we're going to be definitely filling that gap sometime this week.
Not today. Yeah, I don't know when it happens, but I mean, you saw the, you saw the future, you saw overnights by his upper 650s.
And that's kind of the area I have my eye on, but.
Hey, I'm Dean of Videot Highs.
Hey. Thank you. Mm-hmm.
Cues is a lot closer to its gap than spy is. Oh, it'm on. Thank you. circle up nine pull up now see if they can keep it moving BE new high of day. Watch for this area up here.
You're 148, 150, but not 8.5% on the day.
Nice move up.
SNDK new highs.
You had some calls for Friday coming in all morning.
This one's been strong right out of the gate.
I think AMD just made a new high today.
I'm watching Caterpillar, ticker CAT.
Potential call swing.
He's hit equilibrium again.
Same thing from 10 AM and 10 05.
I mean, we're just doing the exact
same thing over and over again. Yeah, we're just fucking stuck. Thank you. so
hey so let me ask y'all a question. When y'all are traveling and stuff, flying, whatever,
do y'all take your external monitors with you?
Is there something better to do for that?
I just run laptop.
That's it.
I bring monitors and my laptop.
Now, how do you travel with them?
Do you keep the original packaging and just, you know them or or carry them on i have like travel monitors
i don't bring like my i don't bring my desktop monitors i have i bought like a bunch of uh
monitors that you can just hook up to your laptop. What are they, like, foldable or something? Yeah, Amazon's got some that are, like, 60 bucks.
Yeah.
Okay.
I'm going to check those out.
I never use them, though.
But I take them.
Right?
Okay.
It's nice.
It folds up just like an iPad with a case.
And, you know, it hooks right in.
You can even take that and use your phone with it even.
I mean, they're pretty nice.
They're convenient.
I like them too.
Just raw dog it with the MacBook.
I owe.
It's great.
Everybody's always so baffled that I use one screen
I don't know how you do it
I also don't know how people trade without orderful footprint
I tried that last week
just kind of baffling during this volatility
and I was waiting for my payouts
and I blew my accounts.
Oh no.
Yeah.
Oh no.
12 grand and like in multiple accounts just went down the drain.
Yeah.
So six figures pretty much.
That is the worst.
Mm-hmm. worse
but it happens
let me fill, Mr. Buckhead? Það er hann. Smackdown, middle of the ring.
Yep.
Yep. Thank you. cooked man
he's turning boring and sour
yeah you know the best
quitter wins and uh
I got a little piece of it but I wanted more
and well
you'll always want more brother
I know
we're really just staying in this range
damn
yeah yeah
I'll take what I can get then
I'm all flat except for my belly Ain't in this range, damn. Yeah, yeah. I'll take what I can get, then.
I'm all flat except for my belly, so I'm going to go get some exercise.
Hey, love you guys.
I'll holler at you tomorrow.
Love you, too, brother.
Have a great one.
Catch you later.
Later, B-Trades.
Oil's up 11.2.
Everything else is down.
If you need some red light
therapy, just go to your heat map.
Pretty boring. Monday. No data. pretty boring Monday
no data
dry earnings right now
that's how it be
still gonna watch to see if we end up
tapping into this four hour gap
sometime today but
doesn't look like I'll be trading it. Thank you. I'm just a bit excited now.
Still in the 30s.
Yes, it is.
30-36.
About just as much in a range as the market is. Thank you. all right i'm gonna trim some more on the futures long here
or are they gonna move it out of this range? Let's go. Come on.
Look above and fail.
Come right back into the range.
Probably.
Don't do it.
No, go fill the gap.
Do it for the people.
Go fill gap instead.
Ticker MU looks good as well.
Reclaiming the daily 50. Get a nice area of support. 130 points right here on MNQ. See if we can pop up a little bit
more closer to
24-500,
break above that, and then
take it from there.
Alright.
Let's see if they look above and fail or
get some momentum trying to fill this gap.
... Yeah, it's not quite as close to the intraday high. all right there we go there's 150 points over 24 505 move a stop up runners only if it comes down, just do the same shit again for the third time.
Motherfucker.
Back into the gap.
Fixes under 30. um Thank you. No one should have heard yet. Holy shmoli. so kanye is hilarious
it's like this post that says kanye west on wishing him the best
quoting kanye i can't wish Kim the best. Quoting Kanye.
I can't wish her the best because she would end up with me.
Oh, gosh.
Mindset.
20 minutes till 11 o'clock. Oh, oh. Thank you. Thank you. AVGO, new high of day, thought to hit that 340 target.
And Q, new highs.
Q, new high of day, SPY, IWM not quite there.
Up 196 points right here on MNQ. I'm still in my same spy calls from earlier and I haven't even touched them because they've
barely moved this entire time. I'm in Q 200 point game.
I'm out.
I have no future position here.
Just holding on to spy.
Nice.
Thank you. Thank you. Thank you. Það er hann. Thank you. took my first trim on spy calls here new hire day
let's go baby fill that gap now, huh? Looks like it.
What a fucking long... Gap is at 660.75.
Looks like they wanna
do it.
665, you said?
660.75.
Okay.
Let's see. five okay
15 minute gap in 12 minutes opening up below us and that opens we could drop and then long from there to gap fill Oh, fuck.
Oh, fuck.
Missed another put spread at the open here.
It's two days in a row I did that.
What the hell am I doing? Thank you. All right.
Some five-minute gaps open below us. There's some five-minute gaps open below us. Thank you. Mm-hmm. Thank you. Oh, Evan saw Tom Lee at Future Proof again.
They chatted for a bit. damn man
what the fuck
how the hell did I not do that
damn The hell did I not do that? Thank you. ABGO did hit that 340 target here.
Apple also knew high of day. Thank you. . Spook me, man.
Spook me.
Spook me. Spook me.
Spook me.
Spook me.
Yeah, pretty boring Monday.
But at least we get going moving to this gap. Okay. okay there we go i'm looking for a spread now i gotta get one because I'm gonna freak out. Not releasing oil reserves just yet.
It's about timing.
More analysis is needed at the G7 finance minister's call.
That might have been why we just dropped there a little bit.
I mean, oil just got a dollar plus spike there. Thank you. Trump says they're nowhere near sending troops into Iran. I don't think that makes sense, honestly.
At least at this moment.
You mean sending them?
Yeah, like, logistically, it doesn't...
Until a lot more assets are removed,
it doesn't make sense to have infantry out there.
Not happy that the son replaced his father.
Trump is making comments right now.
Yeah.
Uh-oh.
Watch out.
Not happy.
Not happy.
He said. not happy, not happy. Um, um, Thank you. Jordan, can we do the ones and twos?
Start it up.
I believe one is green, right?
I mean, I don't want to say it incorrectly.
One is green, right? Two is red I don't want to say it incorrectly. One is green, right?
Two is red.
Zero is break-even or no trades.
All right.
Yeah, guys.
You heard the man.
So if you guys are break-even or you have not traded, put a zero in the chat.
If you guys are green on the day, put a one in the chat.
If you guys are red on the day, put a two in the chat.
I want to see how many ones and twos we got today.
I'm hoping we can see a lot more ones.
Hopefully it's a lot of ones.
I'm personally a zero today.
I'm nothing as well.
Anthropics sues the U.S. government after being
designated a supply chain risk for refusing to remove their guardrails.
Hmm.
I see a whole lot of ones.
Let's go.
I suspect Amma Jam is a one as well.
She's j dangling.
I am, I am.
I wish I was green a little bit more, but it's a good day.
15-minute gap opened up
can we tap into it
that's what I'd look for here and then respect that
and move higher into the gap fill
caterpillar new high today
685 ripping
a lot of ones in the chat
some zeros some twos.
Mostly one, though. Let's go, crew.
Good stuff.
Not, like, super easy
day, I would say.
Casey's like,
fuck you.
No, this price action is
garbage. This is shit.
Are you counting it?
The only thing I've done is buy the dip on spying queues,
and then I'm just looking at these individual names.
Yeah.
We talked about it last night.
Me will cover it on the Sunday night livestream.
It's kind of what I'm expecting.
I think you're going to have a mixed bag with tech.
You're going to have a few names that want to move, a few that don't.
I think you're probably going to see a little bit of short covering
and people looking to buy the dip after this overextension on SpineQ,
so a small move back to the upside.
But I think your individual names, you can make some money off it.
You're actually going to get better price action over there, like SNDK.
Really good move this morning.
WDC, now 3%.
Caterpillar looks good.
I think MU looks good as well.
That actually just made a new high end day as well.
SPY, did I just get filled on a trim?
I just got filled on SPY for a trim.
My stop is now at entry.
I am out half my position.
264 fill.
Wow.
Wow. all right guys i got a random hypothetical for you um it seems like we're a little bit slow right now so let's talk about these things um would you guys rather have
assuming you cannot sell either of these items so don't say you're gonna sell it and take the
cash you have to keep this vehicle for the remainder of your life would you rather have
a lamborghini aventador or an m1 abrams main battle tank battle tank sounds pretty tough
Battle Tank sounds pretty tough.
Battle Tank sounds pretty tough.
I mean...
Just mow everyone over.
I think I'm taking the tank, yeah.
I think I'm taking the tank.
I'm curious what the audience says with that one.
I got into a big debate over the weekend about this one. Bro, in the tank
you can do anything. Like, the Lambo's
a Lambo, of course,
but, like...
Everyone has a Lambo. Who has a tank?
I guess the problem is, like, where the fuck
are you gonna drive it? You better buy some land.
Like...
You know how people keep, like, a
fountain in their front yard?
Yeah, this is just going to be
Sniper's fountain. It's a tank.
A big tank, man.
And instead of water, it's just
oil.
It's just oil. No, it's just rounds
of ammunition
just laid across the tank, looking like water instead. It's just oil. No, it's just rounds of... It's just ammunition.
Just laid across the tank, looking like water instead.
I think in terms of security,
I think that that's one of the best deterrents you could ever have.
You know, like, if someone was looking to hit a house,
I think they're going to think twice about the house with a tank parked in front of it.
Oh, yeah.
I agree.
Be sick if you could just drive that down the road.
I feel like there's some way you can.
I mean, I don't know.
I feel like the tank takes up like two lanes.
Yeah, you're probably going to have to drive it in a private area, unfortunately.
I'm sure you can figure all that out.
Speaking of tank, UPS is not looking too good right now.
Uh-oh.
UPS is down 4.5%. Broke $100 today.
A couple names that are green still.
AMD.
AMD is currently up 0.97 fighting for 1 up on the day
marathon is up three and a half percent today uh marathon's got some good stuff going on there
shopify is right 0.5 up just there marathon or moderna's break even lift is having a pretty
good day up two percent um neo is up. NVIDIA is up.
The semiconductors are definitely green,
or at least some of them are looking pretty green.
And I'm not even going to read off some of these names.
But Rivian's green. That's a nice one to see right now.
Rivian's up 1.5% on the day.
Intel is green. Pretty good day so far for the semis.
There's a few of these smaller cap
defense names.
I don't know if I should read them off and get into
them right now, but
there's a couple green
spots. You just got to look around.
Oh, yeah.
It's not
cheating up.
Ruben has had big news this week
and their pricing.
They have a lot of things.
I read his room.
See what Adobe does on earnings this week too.
Oracle.
And then earnings is bye-bye.
Gonzo.
It's a middle of April.
It's a minor.
What's your favorite data center here extreme fear
Can you believe that doesn't seem like it
But I mean the market doesn't like uncertainty at the end of the day, it's just hilarious It's like what what happens when what happens when we actually correct 10 20% these people are did they're ruined
If you think this is extreme fear you're ruined if that happens
yeah
it's just wild to me, I know that doesn't
obviously to like the fear and greed index
it's not, of course, like accounting
people's actual positions.
So it is a little different,
but just the fact that the sentiment's that fearful right now is,
it's crazy.
I know there's a lot of uncertainty and everything, but geez.
Options data is looking pretty bearish so far today.
A lot of puts adding.
I wonder if they slap it when we gap fill.
Almost there.
660, 75, another 100 points or so.
Just under.
Here goes Bloom Energy hitting that 150 target.
New highs.
Question. When Spy hit 648 in November, was it also extreme fear? Here goes Bloom Energy hitting that 150 target. New highs.
Question.
When Spy hit 648 in November, was it also Extreme Fear?
Late November.
Oh, that dip.
I mean, I imagine it probably was.
I don't quite remember.
Maybe somebody else does, but...
When we hit basically November 21st, that area.
I mean, I would imagine, yeah, it's probably an extreme fear down there.
Everybody and their mother sees the break below the previous low of October and is like, oh my gosh, it's going to fall apart from here.
They sweep that low and just rip it.
170 calls for Friday are coming in.
Okay. Thank you. weird that we have very bad circumstances globally but but SPY is higher than the November drop.
I mean, that's the market for you.
Market goes up. It's always like that even if we had something potentially like you know there's people that
even argue like what we're going through is like worse than some of the huge catastrophic events
we've had in the past and still always higher than all those previous years that we've had
this catastrophe so it's just because the market continuously over time accepts higher prices investors across the board accepts that they're
willing to they're just willing to pay more for it Okay.
And again, this is where it's just,
it's back to the conversation of letting the chart tell you the story.
There's a reason I don't look at any of the news. All I care about is the data that's coming out and I don't even look at the
number. It's just the time. And it's because all that shit is noise that is going to change
your decisions on how you trade the market. Let me ask you this. When you go backtest strategy,
are you sitting there saying, oh, this data is coming out. I got to do this. And this is happening. So I have to do this. And oh my gosh, war broke out. So I have to do this. No, you're not. You're sitting there backtesting the strategy that you know over and over, regardless of whether Trump's speaking, regardless of war, regardless of a data point.
That's how you have to operate.
That's why I continue to do so every day.
There's previous day low retest on QQQ.
Yeah, I tried that low.
That was kind of a full target,
just intraday real quick on Qs.
If anyone's still in the MNQ long hitting us part there that's 250 points from closing it at 200 but that was.
David Larson, kind of big spot so looking for a little bit higher up on spy getting closer to that 670 psych level. next rage bait idea like your own text during an argument
isn't that Thank you. I'm taking another one off here on these spy calls.
Nice. Thank you. 40 points from Gap Phil.
Can they do it?
Watch out for a little bit of a slap when you do hit that 660.75.
Could, of course, try and get over, but I would just, in my opinion,
not much reason for the market to just continue to fly higher past that.
So I'd look for a little bit of a slow down into that level Good morning, sir.
I need some more juice. Thank you. That's glitching for WAP. Can you hear me, Jordan? There he is.
There we go. Casey,
have you started looking at Celsius yet?
Because it hit that trend line.
I think I got the alert on Friday,
actually, when I was out driving.
I got the alert.
Let me go check the chart real quick.
Yeah, it went below it.
I think it's a little
overextended, so I'm going to look
at it tomorrow. Oh, yeah. We're definitely well below it. I think it's a little overextended. So I'm gonna look at it tomorrow.
Oh, yeah. Oh, yeah. We're yeah, we're definitely well below it right here. So let me see.
Weekly is.
Are you already into a trade on it?
No, no, no. I'm gonna wait till tomorrow just to confirm that it's not going to die.
Yeah.
I'm looking at it right now.
If either today or tomorrow, it probably gets back above like 43, 44 bucks.
Yeah.
I think once it reclaims that, you'll probably see a decent candlestick on like your four hour and then your daily as well.
If they continue to buy
it and push it up from here but yeah closing back above closer to that 44 by tomorrow i think that
will be a pretty good risk reward for a swing right there yeah trigger okay that awesome did
you uh go look at the go look at the flow for uh for friday for onds and tell me if you see anything weird. Let me see.
For Friday
expiration specifically?
Yeah, for Friday.
Let's see what we got.
I've never
seen that before.
Look at the
$12 calls, 12 a half and 13.
Let me see we're at nine right now so that's that's weird yeah um I don't think that flow
came in today on those ones let me see at least not that I see I see some flow on 10.5s and 11s for 313
oh yeah yeah yeah okay i see that for today but if there's large volume on those other ones
uh for this friday expiration it might have just already been there yeah it might have came in
either friday or thursday but for today's flow specifically i don't see anything coming in on And it might have just already been there. Yeah, it might have came in either Friday or Thursday.
But for today's flow specifically, I don't see anything coming in on those strikes.
10-4.
All right.
Sounds good.
Well, y'all take care.
Nots, let me know if that guy bothers you again so I can get after him.
Have a good one.
Have a good one. Later, Wob. Have a good one, WAP.
Take care, man.
There we go.
Damn, I missed him.
It's all good.
WAP usually just comes in for a minute.
Let's us know what's all good. WAP usually just comes in for a minute. Let's us know what's going on.
That guy, that guy kills it on the swing trading in this market, man.
Mm-hmm.
That guy is the first person to tell me about Andas.
Oh, yeah.
Oh, yeah.
I can confidently say that WAPender definitely put me on that first out of anybody.
I only wish I listened to him earlier.
Literally nobody was talking about that name before.
And now it's been one of the top 10 mentioned tickers on X for three months in a row.
That's wild.
It's also just been on even the most active list.
I do the most active list of top like a most active list of like top 10
top 12 throughout the weeks and um it's been like top five on that list multiple times
with like you know nvidia is like always number one pretty much you know so to make it up there
it's pretty pretty good under what method though though? Like volume? Yeah, that's just volume traded.
What I find interesting is quantity of 5% moves.
Oh, yeah.
Like a name like hims and hers absolutely goes crazy under that environment.
How is hims doing today?
I'm sure we saw the news coming out.
It doesn't change.
It's still down 31 and a half year to date.
Oh, yeah.
So, I mean, a cool balance.
Do I think this saves it completely?
I mean, maybe.
I don't know.
It's a big, like, dead cat so far.
There's no structure yet.
So I'm not, like, jumping at this thinking it's bottom.
But it might be.
You never know.
The story is completely different now, right?
It seems like we got a couple minutes.
Usually it's like, oh, we dropped, and the story isn't different, right?
But this time it's a little different.
Well, yeah, because their biggest lawsuit was with Novo Nordisk.
And shortly after this lawsuit came, we get a random announcement
that hims and hers is no longer going to be selling oral Wagovi pills. Why are they doing
that? Probably because they're going to lose the lawsuit. I'm not an expert in legal situations.
I'm not a patent expert either, but I think that that's pretty indicative of their guilt,
right? But now it's different
because the two have partnered together and they're going against Eli Lilly. So that lawsuit
is off the table now and they're going to be selling these oral solutions again, which both
of these were 20% penalties on the stock itself. So again, should it be trading back at all time
highs? I'm not sure. Maybe not necessarily, right?
But there is something going on here.
And this is definitely something to be watching again.
From my personal perspective, because I know you guys know I've been talking about this name for a very long time.
And, you know, everybody was saying like, oh, you know, you bought the wrong stock and
stuff.
No, I didn't.
You guys got to understand, I got this name $10 two years ago, right?
Even with this, like after it's been hammered as it's been, I'm still up 50%.
I've still trimmed off the majority of the position, sold plenty of it, all the way up,
all the way down.
But the thing that people don't really realize when it comes towards it is you have to understand
someone's perspective on that.
You know, sometimes when people have early buying opportunities on names doesn't necessarily mean
you know they're going to jump the gun and sell it right away especially if they own it on a price
that is uh hasn't been seen for quite a while um but it looks like the story's back on the table
could be interesting to see how they execute um and this is the first time novo nord Nordisk has been their opponent and basically off number one for the last two years.
And now they're working together.
It's going to be very interesting on what happens next.
I don't know exactly how it's going to affect their margins.
I don't know what Novo Nordisk is really looking to exactly need off of each of these.
But they're going to be able to sell their flagship product together, which they were already priced in to not be selling their flagship product.
Could they be coming back?
I really don't know.
Could be a dead cat still.
We'll see.
We'll see.
Out majority spy.
Target hit 290 contracts.
New highs.
There we go.
Okay. 90 contracts new highs there we go
entering into the zone, let's go. Oh, crude oil Oil got shit on.
It's only up 6% now.
Got Phil is at...
91.27.
VIX probably coming in, yeah.
27.80.
$3 under 30 now.
That's good for market.
Gotta fill gap.
Go fill gap, finally.
Watch.
Watch the edge.
Look at little 11-point edge of the full gap fill there.
Okay. point edge of the full gap fill there. That was Bitcoin. Sloppy. sloppy still an inside monthly candle on bitcoin last week we tapped into
the week of february 9th that Monday. We took out that high,
tapped into weekly bearish order flow,
rejected that pretty harshly,
and coming back in.
I think that's going to continue to happen
until order flow flips on this bigger time frame.
Which, as of now,
that's got to be on the monthly.
As of now, we need to get trading over that $83,839 to really be like,
okay, this can trade higher back into 98.
Until then, I think we just continue to chop in this range.
And if we do move, we move lower, in my opinion,
until I'm shown something different on Bitcoin.
But the structure there is just not favorable for bulls yet.
Again, if you like cheaper prices, trying to average in a bit on something like Bitcoin.
I did that in these prices, of course.
But at the same time, I'm not sitting here trying to pick bottom.
I don't even necessarily think it's bottom yet.
Right?
So just keep that in mind on the Bitcoin.
But it's good structure being built.
Boring, but needs to happen after big moves that we had breaking previous year lows.
Right? It's expected to go sideways after big moves that we had breaking previous year lows right
you know it's expected to go sideways after something like that happened
did we get phil nope nope they're edging it so this right here on spX is your previous day and week low.
It's around 67.10.
So it's going to be a big spot right here.
And from the gap on SPX, your 50% retracement.
So kind of your equilibrium spot
is going to be right up here as well.
I have it currently sitting around 67.13.
So it's the reason why I did sell majority here.
Obviously being long down there
when SPX went underneath 68.50,
catching a really nice move right up here.
But we could see a slap at half gap in previous day low and week
low in spx pulls all the way back down to 66 90 maybe the low 90s before it goes up higher um
hopefully it's just a slow melt up into this gap and it does fill but i would expect a little bit
of resistance right here on across the board for spying Qs.
That's what I did notice, too.
I was thinking we could get some choppiness and slowdown on NQ when the gap fills.
But with ES still decently far from the gap fill, I could see a scenario where we kind of trade past these highs that trade past the gap fill and then queue a little further until ES
actually fills that.
See if they want to.
They love to
slap it right before that gap fill. They know
everybody's target's sitting right there.
They're going to test you.
They're going to
test you.
They're like, hey Jim, Throw a freaking 80 point red candle at them
See if they'll stay in
I will be back, sirs. Thank you. Thank you. Thank you. There's your rejection on SPY and SPX. SPX back down underneath 6700.
Yeah.
Going back down to the 90s, rejecting that spot perfectly. Thank you. Good oil continuing to fall under 6% now.
Circle trying to hold up those gains.
It's doing well.
I mean, that morning rip, ranging sideways now, looking healthy.
About $110, up 7.8%.
That ticker CRCG for anybody in the audience that likes leverage.
CRCG is a 2X leverage version of Circle there.
So if you do trade Circle, I know it's been a great asset to trade.
It's a great ticker to trade just because of how much it's been moving recently.
Of course, that doesn't have to last forever, but right now there are big moves happening there.
So if you want to take advantage of that with even more leverage, CRCG from leverage shares, lowest expense ratios as well.
I think that hit upwards of 20% total up today,
just with the move.
Also, how's Tesla?
Oh my gosh.
We finally did it, Tesla. That was the alert I had this morning. Oh my gosh. Okay. Earlier this morning, I had an alert go off. And I was like, what was that? I don't like, I didn't remember an alert. Like I didn't, it didn't pop up on my screen or anything, but I heard it. I was like, what was that? It's this Tesla level.
I've been waiting for this November, back from November, 2025, that low, that monthly low. I've
been waiting to see if we can trade into that on Tesla. We finally have. And so the way I see this
is very similar to the last time we were trading Tesla. I'll actually probably be looking for
positions on Tesla soon as well.
But trading TSLG, the 2X leverage from leverage shares from them.
But same thing of back in October and November, essentially for Tesla, just in a bigger range.
If you look back then, what we were doing, consolidating sideways.
We had all-time highs above us that we hadn't taken out yet.
And we were just accumulating sideways, right? A lot of people probably getting long thinking
it's some sort of bull flag or whatever you want to think, right? And then what happens?
Right into early November, kind of midway November, what did we do? We dropped,
took out the bottom of that range. Likely anybody that's long off some sort of bull flag there
in that range is putting their stop where probably at those lows right and the stops get ran and
little accumulation at those lows to pump us to all-time highs i say all that because i think
this bigger range that we're in if you look at this whole range from september 2025 it's the same thing that i see personally
just on a bigger scale we've been accumulating sideways a lot of people probably getting long
in this accumulation and likely if you're long if you've been long Tesla in this range, where are you likely putting your stop?
Probably, probably the low of the range, just below the lows, right?
And we run those lows.
I wonder if we run them a little deeper.
To be honest, I'd like to see us maybe try a little deeper, but we're getting a nice reaction off of that previous month low so far, clear sweep.
we're getting a nice reaction off of that previous month low so far, clear sweep.
So, I don't know, this makes me quite bullish on Tesla,
seeing the same things kind of play out.
I wouldn't be mine if we wanted to drop a little further under that previous month low.
But overall, decently bullish in this accumulation until,
I mean, I got to be wrong at 355.39. You know, if we were to drop
under that and actually get some momentum under that 355, you know, I'm just blatantly wrong
and got to change some thoughts on this bigger timeframe for Tesla. But that's what I see. I like it. Now it's just a matter of,
okay,
we swept that low.
We've seen us trade to the spot we wanted to now on Tesla.
Do we trade sideways,
try and set up some structure?
We've been going sideways though.
It's like,
so just,
I don't know.
It's tough here.
They just sweep the low and run.
Do we open up tomorrow and just fill that gap and cook?
Or what?
Do we spend some time here?
So that's the next thing to figure out.
But beautiful sweep of the lows.
I'm sure some people probably swing trading or trying to buy that.
Casey, does that interest you at all or sweeping those lows and gap above our heads on tesla the bottom of a range for swings
tesla i think tesla's at a really kind of big spot right now.
It's a huge spot, yeah.
Back from those Novembers.
I still would like to see more data here, like more price action.
Yeah.
I don't know.
It might be a nice spot.
Let's see what happens tomorrow.
If it loses this spot, I think the next move down is going to be closer to about,
it'll sweep underneath 670, going closer to
370,
and then sweep under that to
365, I think is a really
good spot to look for
buyers to step in right there, but I do
have a large zone on
Tesla right now, and
the bottom of that zone does
go down to around
681,50 area.
And today's low of day is 681.40.
You mean 351.80?
381.40, sorry.
381.40, sorry.
So it's off that larger zone by like 10 cents.
And it got a good reaction this morning off that.
So if they continue to hold that, it could be a good swing.
Yeah.
I'm keeping an eye on it.
I'm not just buying these lows, even though I think it could be good.
But I'd like to see some actual confirmation now of buyers stepping in.
But yeah, something I'm watching.
If I take any positions, you guys know I don't really swing trade much. in. But yeah, something I'm watching. I'll probably, if I
take any positions, you guys know I don't really swing trade
much, but
when there's key opportunities like this,
this bigger time frame, I like to definitely take advantage
and if I swing, I'll
probably, I might do some options,
but it'll mainly be
long TSLG,
which
is what price right now.
Oh, so cheap. $6.63.
So beautiful.
It means I can trade a lot of shares and not put up that much money.
Again, you can always do options um there's just something about how stress-free
2x leverage trading is for me compared to options.
But, of course, you're just not... I mean, you're not going to capitalize as much.
It's blatantly obvious, right?
If you're trading a 2x leverage versus an option,
you're just not going to capitalize as much.
But I'm fine with that, honestly.
Most of the time.
We'll see if there's any good farther data priced options here soon over the next week, maybe on Tesla, if I get some confirmation of these areas.
I also feel like everybody's not liking Tesla right now too.
So perfect time to start to get more bullish.
I see that kind of 365 area, 367 that Casey was talking about too,
because that's also a previous high from May
2025.
We never really
retested that after breaking out, which
does that high absolutely have to get
retested? Not necessarily, but
could be
could be nice to see.
nice to see.
Almost lunchtime.
Okay. Thank you. Okay. Thank you. and cue we're just chopping right below that gap fill now
still holding it though no real structure break so i think they still go take it
personally can be tough, 10 minutes from lunch.
Okay. Thank you. Oh, Evan's at the, oh, there's a bit mine booth at future proof.
booth at Future Proof.
Evan got a nice video
of it on his timeline.
He just posted it six minutes ago.
Pretty cool.
That's a good looking booth.
Honestly,
looks like Robin Hood colors.
I'm not going to lie.
It's like a slightly more yellow Robin Hood color.
Does it just mirrors you a little sneaky?
He is a little sneaky.
He was like...
It's like...
Yeah, like his phone guy.
Oh, I see they have a mic.
They have a walk, like an in-person interview mic.
So they're probably walking around doing interviews too.
That's awesome.
I saw it in the shadow.
Yeah, he is being sneaky.
You see that picture of Tom Lee too?
He's like...
Yeah, he's being sneaky, man.
Evan's like spying.
I feel like that's like...
I don't know.
He's acting like the CIA or something
seriously
Wolf Intelligence Group
Being sneaky
I wonder how many people they've talked to today
and he's been like yeah I, I'm stock market news.
And they're like, oh.
Every time I'm out with them and we meet people.
It's so funny.
By the way, if you guys want to see the official evan face reveal it will be happening
in august in new york at the in-person wolf event that we're doing which we've talked a
little bit about we'll talk more about in the future but you guys are going to want to make it to that.
We're doing the Evan face reveal. We're doing, we're doing, uh, kind of the, the day in the life of the Wolf crew, but in front of everybody. So I'm going to be a fun time. We'll drop more
info on that in the future. So stay tuned.
And we knew it. I'll take it back there.
660.
NVIDIA is green a percent.
Holding up.
Just made a higher day.
Google also making a new high day green half a percent
AMD trying to make a new high day here just below it up almost two percent just
put it in the nest the top of spaces it will show one my spy chart just for where i took entry this
morning and then the bottom zone right there was where i was risking for those calls and then also
show spx just the correlation on it but then it's going to show the previous day and week low you
zoom out look left i highlight it with the circle where that back test was for that high that we just
kind of rejected.
I would like to see, we just got a nice pullback down, retest EMAs.
I think it's great.
And I want to see a break in base over top of that area, the midpoint of the gap, and then see if we can slow grind and go eventually fill that gap.
And then for QQQ, I highlighted on that chart with the circle, it says PWL.
That is previous week low on QQQ.
Every single five-minute candle this morning that tested that area,
they kept wicking down and closing back above.
Buyers were stepping in.
That was the reason for the M&Q longs down there as well, just on the Q side.
So just all those charts side-by-side showing, you know, same, same, same,
but different a little bit.
But risk and reward down there for the longs to get back up into this gap fill area was
my top thesis and trade ideas for the day.
So that's kind of how it looks so far across the board.
Tesla's also getting a little bit of a stick right now, too, back to 390.
Okay. Thank you. Let's play a little game.
The market is pretty slow.
I'll say, whoever can describe the market today in a GIF,
the best under the Spaces comments,
I will give away a Perpetual Futures funded account on Best Exchange
to the top five GIF posters.
Let's go. Let's go. So go so yeah just submit your gift i'm going to look back at it in 10 minutes or so and uh whoever and tag me in it
so i know it's part of this or let's put it in the spaces chat yeah that little blue uh 47 that
you see in the bottom right post the best gift that you can find to describe the stock market today And I will take the five best gift posters and I will DM them a code for a free funded account
Let's go make sure you guys tag
Stocksniper when you post the gift
So he can see it
Yeah, we gave away a bunch of accounts on stream on friday
um some tradify and lucid accounts oh wow
yeah i got a couple more and uh i'm sure someone's gonna be able to put them to good use
oh yeah
we'd love free.
That was a good one, Josh. Oh my gosh. They really just want to make everybody wait for this gap.
Wait for this guy, Phil.
Any GIFs that I see that they didn't tag you in?
Sniper, I'm just tagging you.
Yeah, I can just assume based on the timing.
I could just look through it.
I was thinking about the way to organize this, Ben.
I'm not worried about the GIFs.
I'm noticing like any, and I'll just tag you.
But most of them are doing it. These are some good GIFs. Dude, I'm not worried about the men too. I'm noticing like any and I'll just tag you. But most of them are doing it.
These are some good gifts.
Dude, I'm...
This is good.
You guys are funny.
The SpongeBob one.
The rollercoaster.
The kid crying.
Yeah.
That's actually a real video of me when I was younger.
That's Six Flags.
Dr. Z, that was good.
Ugh. Dr. Z, that was good. These were funny. I am not dead yet.
Oh, look at him.
How many points are we?
Oh my god, I want to do something like this
every day
oh yeah this is fun
we can do more of it
and we need some time to come because we're getting into lunch
and we have about an hour
until I'm staying on because we have a conversation
at 1pm eastern
today so
if you're in the audience stick around with us hang out
we'll be hanging out through lunch here we get a conversation at 1pm and then 1 p.m. Eastern today. So if you're in the audience, stick around with us. Hang out.
We'll be hanging out through lunch here.
We'll get a conversation at 1, and then I'll be hopping over to the stream after that. A little late day, afternoon stream.
On the old YouTube over there.
The old tube.
Yeah. You That one was funny on Sniper.
Yo, I'm gonna actually increase it to the top 10.
You guys are way funnier than I thought.
That was good.
Oh my gosh.
The kid just...
Limp body. He's literally just completely dead passed out. the kid just limp body
he's literally just completely like
dead passed out
on the playground that's hilarious
that poor frog dude
dude that poor frog
dude that poor frog
Shazamalot trades
okay Shazamalot trades. Bro.
Okay.
That's hilarious. Yo, make sure you guys have your DMs turned on also.
Yes.
Because I can't DM you guys if you guys don't let me. Go. Go fill the gap. Thank you. Oh, there's the gap fill.
Look at him do it.
He's still got a ways on ES, though.
And that's where I think you maybe see continued momentum until ES actually fills that gap as well.
That level is
67, 39, 75 will be gap fill.
So we still have
a big move on ES to get there. 25 points on ES
which is a pretty decent move.
Wonder if they get that there today as well. Thank you. rejecting gap fill so far
is vix anywhere near its gap fill
oh yeah oh yeah they they filled that
That's gone, but bye
Okay
So yeah, it's just yes left well not true RT y ym
As well.
I don't know.
I don't know if I think the ripping stops until we fill this gap on all the assets.
Maybe I'm wrong.
That's the way I'm going to look at this afternoon, going into it.
No more trades for me.
Took that one short this morning.
Wanted more out of it,
but happy I closed and got what I,
you know, took what I got because
ES was
tapping into the desired target already.
There's no reason for me to not
cover some
of that position.
So I'm happy I did,
but didn't get the full moves that I really wanted there.
Still 48 points.
What was that?
478 bucks across the six accounts.
Take it.
Okay. Thank you. Thank you. the gifts are amazing i still see some of you guys posting. Y'all are hilarious.
For those that don't know,
Ryan, our boy Emp,
he is on the stream with some of the boys.
If you guys wanted more active live trading,
I'm personally not trading.
We do have this conversation in a little bit here, though, where we're going to deep dive into some of the crane shares etfs which a lot of you guys probably have traded or looked at you may
not know that it's crane shares etfs but you've definitely probably looked at some of these
stickers so we'll be talking about some of the moves that are happening there
but just wanted to let everybody know that the youtube stream is live all morning as well Thank you. She lapsed a Christmas tree.
Financials are still pretty red.
Not much going on here in this market though.
I personally think the best of the best are not trading this right now.
The slow lunch hour, big targets have been taken in the market this morning.
Not a whole lot of reason to press the gas super hard here, so I would take it easy if
I were you in the audience.
I haven't taken a trade since.
When did I get out?
9.45 this morning I was out of my position.
Haven't touched it since.
I've also only taken three trades this entire month.
It pays to be patient.
Especially on the market we're in right now. Oh, let's go.
Evan just took a video of Gov,
who, if those in the audience don't know,
Gov is the main face behind Wolf Financial.
He just took a granny shot with tom lee of course a granny shot of water for gov because
he he does not drink uh he only he only drinks out or only drinks water there uh but i think
tom lee had some had some alcohol in there love it i put that video up top for everybody too if
you want to watch it taking a granny shot
if you don't understand why it's called the granny shot just watch the video you'll see Thank you. and Q chopping around that gap fill no real extra momentum for ES trying to
take out its gap fill yet but we're still holding up pretty well.
I don't know.
My watch list is pretty boring looking right now.
It's looked the same.
All morning, everything is either up or down like 2%, 3%, except for a couple names like
Circle. couple names, like circle. Thank you. Thank you. gold reject in the highs a bit
that thing is just in a giant range
everything
you look every way
and it's all a range
every time. Thank you. Thank you. Google's still trying to make highs.
Mother just made highs.
Netflix on the slow grind up.
Not at high a day yet.
Uber about to break high a day.
That's all I got, man.
Markets chopped.
For good reason, though.
We're in the middle of lunch.
And again, big targets taken.
This is what happens happens know when to execute
that's why every day 11 o'clock eastern hits and no more trades are taken ever
no matter what we see Thank you. Thank you. Thank you. Thank you. What the fuck? Thank you made new high there.
Yes, trying to get closer to the gap fill.
See if we can do it.
Like I said, I honestly just think it's the slow melt up
until we fill these gaps on all the assets,
which doesn't make for a great trading environment,
but it's what it is. I have two runners left on spot.
I just got filled at 300 on those calls.
Big pop.
Oh, sweet.
Daddy.
Ooh.
There we go.
Now we're cooking.
320 here. there she goes region four it
yes gotta take it out that's 67 39 75
there's rty RTY is far from it.
RTY's got another half percent before it gap fills.
One hand about the same. all right 320 on these calls about 12 more points on spx go for the gap fill Thank you. Thank you. you And yes, getting close, getting close
It's about six points away Thank you. Thank you. Okay. Thank you. Yes, getting slapped right before the gap, Phil. Okay. if you're trading this get help seek help now. MD still mechanized.
Same with Google.
Meta not so much. Thank you. everybody's freaking out about uber with allowing uh
women to opt out of picking up male passengers.
That's wild.
Everybody's freaking out, though.
I wonder if it actually would mean, like,
you walk out and can't get a ride.
I doubt it.
I doubt it.
Imagine every Uber you're trying to get.
Rejected.
Rejected.
Rusted. Thank you. Tesla That move from previous month's low that I talked about
Swept that low
Basically that was low a day
Love to see it It's a nice reaction Basically, that was low a day.
Love to see it.
It's a nice reaction.
We'll see if we get further confirmation.
But I'm liking it. Thank you. Wow, apparently it's National Napping Day.
Give all the lazy people another excuse to just be lazy on another day, huh?
Love it.
Jordan, where do you get this info?
This is... So every day,
you have to be on a PC, but it's
like at the bottom of your PC has a little
search bar, and it shows you
a little picture every day.
And every single day, there's a
day for something.
Wait, you have a PC?
Yeah, it doesn't. It's not a MacBook. I've seen you with a pc yeah it doesn't it's not a macbook
i've seen you with a macbook before though yeah i have a macbook too
but like my my stationary setup at my desk is like a giant pc gaming pc
interesting not many people do that
really i mean all the day traders that i like follow and talk to are Not many people do that. Really?
I mean, all the day traders that I, like, follow and talk to are pretty set up with PC, I feel like.
Yeah, but then they don't use MacBooks.
Oh, yeah.
You have to have something to travel with, yeah.
Yeah, but I'm saying most people are Windows OS or Mac OS.
Oh, now you're just limiting yourself no no no
he's both it's easy like i don't know everybody talks about i'm so used to pc i'm so used to
macbook bro like use use a little bit more of your brain and use both like
i don't know it's nice though It's nice though.
I can just...
The PC is nice because it gives me
all the power I need to be able to stream,
record while I'm trading,
have as many tabs open as I need
and do all that chart work.
And then MacBook is pretty upgraded as well. So I just use that on the side for all the chart work and then macbook is pretty upgraded as well so i just use that on
the side for like all the other work that we do and then when i do travel i just take that thing
and leave my pc wherever wherever i have it it's nice but um i hate not having my setup, to be honest.
I can do it with just my laptop.
It's not a big deal, but one screen isn't a big deal.
I still only use one screen when I'm at my setup.
I don't even use my MacBook for another chart, but...
It's just nice to have a bigger screen rather than a little MacBook screen.
screen rather than the little MacBook screen. It's rough. Also, I think the only reason
It's rough.
I really didn't go with Mac OS, like the big dog, is it just, it sucks for recording stuff.
It sucks for videos. It sucks for gaming. You can't game on there at all I love to I love the game a bit
although I'm I'm in doing that lately I ain't got much time for it once in a while what do you run sniper you just run a Mac
yeah I'm a Mac OS dude I got the full stack of Mac products I'm just not a
fan of the Mac OS if they had an eye calculator I'd probably get it I
calculator probably one day come out with it for no reason be like hey
here's another reason to spend money with us even though your phone has a
calculator but this one's special in some way.
I'm also Mac'd out with Mac OS.
I love it.
My dog.
I also could see them making kitchen appliances.
As crazy as that sounds.
Like the iMicrowave.
The iFridge.
I'm surprised I haven't made like a toothbrush.
Sniper, are your monitors Apple as well?
So basically, I like to connect the MacBook to regular monitors through a cable.
And they're not Apple monitors specifically.
I have had Apple monitors yeah and i do have
one but um for the four monitor setup they're not all apple gotcha yeah same i was going to connect
because i still have my macbook laptop and i was going to connect it to all these monitors um but
i just use that kind of separately if i need to, and I'll travel with it. But, um, I have four monitors.
One's a Samsung.
The other three are all Alienware, but they're all connected to the, uh, the Mac Studio.
I think it's the M4 Max, just the giant freaking Apple bucks to like power and run all of these things.
And it's been absolutely amazing.
Alienware is no joke, man.
I actually had an Alienware laptop.
I don't have it anymore, unfortunately.
I kind of broke one day.
But that was one of my favorite devices of all time, dude.
And just in terms of if you're ever going to play games, Alienware is definitely.
Yeah, they have great monitors.
I had a curved monitor from them when I was back in California.
It's still there, actually.
That's my monitor when I go home for a bit.
Yeah, all three of these Alienwares right here, they're all 27-inch, and they're gaming monitors.
And I got them all three at the same time at best buy
on sale i paid i i want to say i paid with the low protection plan like 200 bucks a piece
um with them on sale and they have been absolutely amazing so far like 200 bucks just for the monitor one monitor yeah 200 bucks a monitor
damn that's cheap my one monitor is like 1300 yeah keep in mind that's crazy with the earlier
like the most stacked monitor you can have though well let me see if i can pull them up um i only
went i only same thing with my my Samsung that I have up top.
This was a $1,300 or
$1,400 monitor, but I waited
until it went on sale, and I got it for $800
from Sam's Club.
Yeah, my Alienware
at home is like $1,300.
Ridiculous.
Responsive.
Let's see. Yeah, because I think normally this monitor, I mean, it's not too expensive.
I think it was like $300 to $400 full price.
Cookin', Spy, Q's, New Highs.
Cookin'!
Oh, I got a guy for one in there. Spy, Q's, new highs. Okay.
Oh, I got to go running out.
Pitch away.
I'm just gonna set... Look at the daily candle right now on Spy.
Okay.
It's freaking awesome all right there's 336.
Oh, yes, tick into it.
12 years ago today uh technically this was posted yesterday so yesterday but 12 years ago today flight mh370 mysteriously disappeared dude that was my oh i got so into that bro
oh my gosh
look up the ghost flight jordan Got so into that, bro. Oh my gosh.
Look up the ghost flight, Jordan.
The ghost flight?
Yeah, there's basically,
long story short,
a pressurization issue.
Everybody went unconscious and they didn't know
if they should shoot it down or not.
I love things like that.
Dude, M&Q is literally
about to be up
400 points from my original entry.
Look at the
daily candle on that, dude.
I know, bro. That's what I was saying this morning, too,
in pre-market, looking at the daily candle
like I'm like, bro, with that gap above us,
I'm freaking bullish.
I still played short. It's funny, though.
I got an opportunity short, so I played that.
But...
Yeah. Gap so I played that. But, yeah.
Gap fill above like that.
Wick off the bottom of a range.
Preview stay high is not too far on NQ.
24-9-21.
Well, it sounds like it'd be far away.
But on the chart,
300 points can come quick. Okay. Cruising.
Cruising.
Should be having some of the boys from CraneShares ETFs come on at the top of the hour here,
and we'll deep dive into some of the tickers that are going crazy over there
over the past month or so.
Let's get there overall.
Thoughts on the market should be happening at the top of the hour so we'll see here
Trump's holding a news conference at 5.30 p.m. Eastern tonight.
He'll be going to Speaker Mike Johnson, his fundraising event at 4 p.m.
And then prior to leaving D.C., he'll hold a news conference from Adoral Ballroom at approximately 5.30 p.m. Thank you. All right, what's left to get?
I am did it.
Oh, no.
Still got.
Rty is closer now might just keep it going until those fill as well then when those fill it's like okay there's really
not much reason for the market to go higher intraday and that's where i'd think we'd really top out.
But I mean, might as well go fill the gaps on all the assets, right?
We did it on NQ.
We did it on ES.
RTY and YM are right there.
I would think might as well do it.
But maybe they leave those gaps open into the overnight.
I don't know. I don't know.
I don't know.
Gold looks like dip still slightly being bought there,
but really just stuck in the range.
It's been in that range too on the four-hour, bigger timeframe daily.
Stuck the past week, so need some real moves to break out of this range on gold.
And it makes sense when you look at the range.
We're stuck in between two just giant imbalances and daily bearish gap right above us
at 52 17 and we're holding the bullish gap at 51 21 that area that 5 000 area so just stuck in
between the two we need to run through one of these areas to really be able to get moving it looks like so we get crude oil just coming all the way back in
almost filling that overnight gap
it's got about
It's got about...
Another 2.8% to go.
Fill that gap on crude oil.
But just crazy moves because that was up...
What, 12% or whatever?
Well, at its peak, it was up more than that but when i was looking at it about 17 16 percent
new hour in about seven minutes. We will have a new hourly candle opening on NQ.
When that happens, it does look like we'll have some potential spots to retest to the downside
if we do want to take a dip and let's say try and leave some of those gaps open on RTY and YM.
and let's say try and leave some of those gaps open on RTY and YN.
You can see us dipping to previous hourly lows.
We have hourly bullish order flow sitting there.
Basically be a retest of the gap we just filled on NQ.
If we do want to go lower than that, I have the next previous hourly lows at 549.50.
And I would look for us to test into basically the bottom of the gap,
right where it starts
from this morning. So those are the spots I would look for the market to retest if we do take a dip,
and I would expect those areas to hold. Of course, if we ended up running through those areas to the
downside, that's not too good, and I would have to change my thoughts there. But until that happens, got to expect bounces from those areas
and continue from there to go fill these gaps
on the rest of the assets that we have.
It's just YM and RTY now.
So that's what's happening on the intraday.
But kind of broader scale,
I'm interested to see what some of these names
are going to be doing off these lows,
like Tesla we talked about earlier.
Not really on an intraday,
but on a bigger timeframe, you look at that.
And it's, I mean, daily, weekly,
sweeping those previous month lows.
I'm really interested.
So something I'm going to be looking at there
for further confirmation.
But while the market's been quiet,
there's been some other sectors,
some other areas that have been doing well
that we're going to be talking about
into the new hour here
with some of the guys over at CraneShares.
They got some ETFs that have been doing really well,
even with the market a little sour,
a little slower.
There's some areas that you guys
can definitely be capitalizing in. So we're going to talk about those, talk about some of the
tickers that have been doing well over year to date, past month, past few months,
and see where we could potentially be putting our money that's doing better than the market right
now. Especially because, too, someone like me, personally, I mean, I know there's been some putting our money that's doing better than the market right now especially because to someone
like me personally i mean i know there's been some decent dips in the market but i've said this
before i'm not buying these dips at all from all-time highs we'll trade them intraday of
course you know i might buy them intraday on a smaller time frame but if we're talking about
investing here you know where are we at on spy what we've taken
a total five percent dip on spy what has it been on kikiku from all-time highs all-time highs five
and a half percent in kikiku from all-time highs that's just just not enough for me you know that's
not a real correction and it's crazy to see see the extreme fear on the fear and greed index.
It's just wild.
You know, you're down 5% getting bought up off the bottom of a giant time frame range.
And there's extreme fear in the market, right?
A lot of that comes from the uncertainties of the war and other things going on, right?
Trump speaking always is affecting the market, right?
So thanks for that high volatility craziness.
But overall, are we really down that much?
No, right?
You look at these markets,
like we have not really seen a true correction yet.
And so that's where I'd rather sit back
and continue to do the intraday trading.
And when the time comes that we really want to invest, great.
I'll look for it.
But until then, got to be looking at other areas in the market,
like some of these ETFs from Crane Shares and others that we talk about, right?
Just other opportunities in the market when things are a little more sour.
Let's see.
I see them in the audience.
Feel free to pop up on stage.
We can probably get rolling into the conversation a bit,
but we'll be on stream after.
I know Ryan's over there right now,
live trading.
Casey, feel free to hang out or go over there,
either one.
We're just going to be deep diving into some ETFs,
so feel free to do either or go over there. Either one. We're just going to be deep diving into some ETFs. So feel free to do either.
But great morning on Spaces.
Great morning, Trayden.
Yeah, sounds good.
Appreciate you.
No worries.
Great morning to the upside.
We did fill the gap like I wanted.
I didn't get the exact setup I wanted to the upside.
But there was some nice movement. I feel like i was less i was more
hesitant to take any more trades because i did already take that winner earlier in the morning
so even with the moves that we got to the upside i was less hesitant to try something there
i was more hesitant sorry Got a little bit of a QQQ five minute evening star up here at this high.
So let's watch that and maybe pull back a little bit.
SPX got really close to filling the gap.
Oh, did it not?
I only have one.
No, it got very close um it needed to go to
like 67 39 67 40 and it hit 67 34.6 it's about five six dollars off for SPX so I am gonna go get some lunch and then I'll jump over on to
YouTube how about 45 minutes or so I've done absolutely nothing other than go
along earlier around 10 a.m. beautiful long brother so it took a thousand years
and a very slow grind up but it all in all it all pays so
nice kind of easy melt up in these longs nothing else as of right now so
but i'll catch you guys later yes sir talk soon yes fading from that gap fill now looks like they're taking a little bit of a break
again rty ym still not filled
Again, RTY, YM is still not filled.
Might be nice if they actually leave those open into tomorrow,
because then we'd have reason to still trade a bit higher into some of these,
maybe the previous day high, Friday's high on NQ. Thank you. That's gold chilling.
Not doing nothing.
Vic's just off a cliff.
Volatility is still high though.
Still in the 26 range.
But overall we came in pretty good from the highs this morning.
What, the high was 35-30 on VIX.
When's the last time we had 35, man?
I think it's been a while.
Last time we saw 35,
specifically, like the last time we were there was April 2025.
And we saw it again in March.
That's when we first ticked back into it.
Crazy.
Wow.
We spiked to 60 back in April there.
I guess not quite 60 59 50s that's insane I sent the cream shares account and invite other they are I think we got them up on stage
Did we get you guys up?
Might be glitching on the CraneShares account
Potentially
Hey there
Oh there we go
I think we got you now
Yeah hi
It's Henry Green How are you? Doing Hi. How are you? It's Henry Green. How are you?
Doing good, Henry. How are you? Very well. Thank you. Well, as well as can be,
the markets are pretty wild right now. Markets are wild, man. Everything going on these past
few weeks have been pretty crazy. On the intraday side of things, a lot of volatility,
a lot of opportunity, honestly. But even for me personally, in my style on the intraday side of things, a lot of volatility, a lot of opportunity, honestly.
But even for me personally, my style on the intraday side of things, I still am not getting a whole lot of opportunity, even with the crazy moves, just in terms of having conviction with moves and actually wanting to put on the risk in this environment.
It's been wild.
So I've been on the sidelines more than not, just taking my shots here and there.
And then just overall on the market, right?
We've been stuck in this bigger timeframe range on the futures and overall spying QQQ,
just really going back and forth for a while.
So things have been a little sour.
But I know you guys have been doing good in some of your products over the past few months
and year to date.
There's been some products that have been doing good in some of your products over the past few months and year to date. There's been some products that have been doing well. So I'm excited to get into the conversation,
talk about some of those tickers, and yeah, just get your thoughts on the overall markets as well.
But before we get into any of the conversation real quick, just for the audience, quick disclaimer,
because we are going to be talking about some specific tickers in this conversation.
An investor should carefully consider a fund's investment objectives, risks, charges, and expenses before investing. Funds perspectives
and summary perspectives contain all this information and anything else about Crane
Shares there. So if you guys want to obtain that summary perspectives, just go over to
craneshares.com. Or is it just craneshares.com, Henry?
Yeah. Just cranesha shares.com. Yep.
Apologies. Um, so yeah, just go over there. You guys can get the perspectives, look at all the information over some of the tickers that we have been talking about. Um, and of course, if you guys
just want to see the list of all the products that they have, I highly recommend you go to the
crane shares.com and, uh, and look over some of the names that we talk about in the conversation,
but Henry pleasure having you on.
I'm curious, with all the moves, everything going on in the market right now, why do you
think we're seeing some of these crazy moves and the volatility today?
We saw it spike up over 30, which I was just saying, I don't think we've seen since April
of 2025.
So curious on your thoughts here.
And maybe you could give a little introduction
for the audience for people that haven't heard of you before. Yeah, sure. So I'm Henry Green. I'm a
senior investment strategist at CraneShares ETFs, and we are a global asset manager
focused on ETFs. We have about 35 products worldwide, mostly New York, also London.
We have historically focused on emerging markets, especially China, after our founder Jonathan
Crane started and sold a successful business in China in the early 2000s. We have since expanded into a variety of investing themes, including emergent technologies, AI and robotics, as well as broader emerging markets, again, beyond China, which used to be our focus.
We also have the largest carbon credits ETF globally.
So we've kind of focused on emerging markets and alternatives, thematic investing.
Love it. Great stuff. Yeah, yeah. I'm just curious, like overall thoughts right now on this market and,
you know, just everything going on geopolitically. I'm curious
I'm curious what you guys are looking at and kind of where you're seeing opportunity right now.
what you guys are looking at and kind of where you're seeing opportunity right now.
Yeah, sure.
So, I mean, I think, again, we keep seeing there's just very little.
I think there was the initial shock of the action in Iran, the ongoing conflict there.
Right now, there's the question of, well, what's kind of the end game here?
What's going to happen next?
You know, they accomplished a goal in getting rid of Common E,
but what's next, right?
So there's just a lot of uncertainty,
uncertainty abounding, right?
And you have that coming at the same time
as what we believe to be relatively high valuations,
especially in the US technology space
and a concentrated S&P 500. So that has created this sort of perfect storm, which has resulted
in a lot of volatility and significant drawdowns day to day globally, not just in the US, right?
We're seeing wild swings in Korea as well, Taiwan, a lot of developed markets, ex-US, right?
So, you know, there's kind of blood in the water, so to speak.
It's very volatile.
And so, you know, and one of the things, you know, like I said, we focused on China.
We're very focused on China as one of our markets, very important one for us, given
our experience.
China's actually been mainland China has been relatively resilient, actually, in all of
this.
I think initially there were reports that, oh, China's very reliant on Iran for oil,
for example, and other commodities coming out of the Middle East, number
one buyer of commodities from the Middle East.
And that is true.
But they've actually done a lot to diversify their resource imports into other countries.
They've done a better job of doing that than other Asian nations and then, say, Japan or
Korea.
And so that's benefited them in this current moment, as well as we do see,
I think the geopolitical narrative and nobody's talking about this, but we do think that the
geopolitical narrative for China is still improving. And actually that's what's happened
this year with Iran. And even if we look at Venezuela, is improving in terms of the U.S.-China narrative, okay?
Trump is still going to meet, as far as we've heard, he is still scheduled to travel to China
next month. So that's really exciting. And that's really positive for U.S.-China relations,
just as a signal, just that trip in itself will be a signal. But also, I imagine that Trump is going to come to China on the one hand in a relatively
place, from a place of strength, because of recent foreign policy goals being achieved
in other places, but also with a need from China.
I think Trump is going to need China to assist, so to speak, with whatever's
with the operation in Iran, with what's going on, if it's regime change or what have you.
Again, China's the number one purchaser of oil from Iran. So they're going to be very concerned
and very invested in what happens there. And I think Trump is going to be able to call that out.
And this is a new element that could be added to a sort of sweeping Trans-Pacific agreement.
Obviously that's highly speculative, but that's kind of what we're thinking, what we're looking
at right now.
And again, yeah, if you look at China versus global markets in the past few weeks, been
relatively resilient.
Okay.
We've seen a heavy buying.
We track a lot of buying from mainland China into Hong Kong.
So Hong Kong is offshore China. That's foreign investors' definition of China versus onshore China, which is Shanghai and Shenzhen stock exchanges,
which is largely the local investors' definition of China.
And those local investors have been buying stocks, especially Hong Kong stocks,
in increasing amounts.
They're indicating bullishness.
And I think that's just a different story that doesn't get told in the rest of the world.
And it's a different situation, a very unique situation currently in the world and global
markets.
And we have a variety of products that track this.
So K-Web, that's our largest,
which is China internet stocks, right? We also have KBA, which gives you access to the 50 largest mainland listed companies. Okay. And that's going to benefit from this very low correlation that
you have in China right now. This underlying kind of bullishness, this a little bit also
economic turnaround happening and improvement on the geopolitical narrative.
Love the thoughts there. And yeah, I know you mentioned K-Web. I was looking to just over the
past month, I've seen, it looks like KEMX, which is the MSCI Emerging Markets China Index ETF.
That's up 22% year to date, up 10.5% just in the past month. And I see plenty
of other China-related names on this list as well, pretty high up. So it definitely seems like
that's where investors are going over to find opportunity. What are some of the other specific
tickers that you guys have that are maybe performing well over the past month or year to date?
Well, everything's changing so quickly, so I got to try to keep track of this.
We have KEMQ as well, which is emerging markets technology.
So that's applying the kind of K-Web story, which is internet companies, e-commerce, and
technology, AI, right, and applying that to the rest of
emerging markets. I see that that is down, though, year to date. But that's another one that's
interesting, I think, to look at just because, as I mentioned, right, that has some of the,
well, it has Korea in it, the SK Hynix and those chip makers, right, which have seen a lot of
volatility recently. Of course, though, Korea, the KOSPI, right, which have seen a lot of volatility recently.
Of course, though, Korea, the KOSPI, I think, is still up 10 to 20 percent year to date,
which is amazing.
And it's kind of interesting to see what's happening there.
But if you wanted to get, you know, if you're looking to get tech exposure right now,
I think looking at emerging markets still makes a lot of sense.
Because if you're trying to de-risk overall, I mean, yes, emerging markets tend to be riskier
in absolute terms, right? But you need to look at where those drivers of risk are coming from
at different times, right? So right now we see developed markets selling off more than emerging markets just because they're so fixated on what's
going on in the Middle East right now, more so than emerging markets in some cases. Now
caveat that with being countries that obviously import a lot of oil are going to be heavily correlated
to what's going on in the Middle East right now. But if you look at just the valuations,
I think the developed markets in the US, especially in the technology space,
are very richly valued, in my opinion, in our opinion. And you can just get better value in emerging markets.
That's not to say that it's not going to, you know, you're not going to weather some
volatility, but when you're looking at where you're coming down from in terms of valuation,
it's just still at a lower level in emerging markets.
So there's still a lot of value there.
And again, you can invest.
And the great thing about our products, especially KMQ, KWeb, is you're really now taking advantage of the same growth themes that we love to see, you know, in the United States, right?
So AI, for example, technology growth, right?
All that good stuff, right?
You can find it in emerging markets, right?
And you can find it in KWeb and KMQ.
And that's the advantage that we want to provide. So one of the central theses around crane shares was when people were investing in China, investing in emerging markets, they weren't investing in the new economies, so to speak, right? The digital economy they're investing in. And this is talking historical
talking 10 years ago or 10, 20 years ago, right? When you bought those emerging market
indexes, it was industrials, financials, manufacturing, right? All of these really heavy industry,
old economy, quote unquote sectors. And what crangers will weave allow people to do allow
you to do is take an index approach, but you're getting access to those growth factors in China and emerging markets.
And I think that's really important today, especially with what's going on with AI today.
And so, yeah, I would check out KEMQ as well if you're looking to buy.
I think one of the issues right now is we know we should buy be buying something. But what is that? Right. And so, you know, I think that's that's
the question I've heard a lot of investors asking. That's a question I'm asking myself.
So and you know, the dust hasn't settled. We don't know. There's a lot of uncertainty. But just from a purely, you know, fundamental perspective, multiple perspective, earnings
multiple perspective, I think emerging markets technology still looks attractive compared
to developed.
Yeah, I agree.
And it's funny.
You see in the market, you know, even with, you know, the uncertainty and things happening, I know it can be crazy, but it's funny, you look at SPY and QQQ, we're down about five and a half percent from all time highs, right? Now we're really near correction territory quite yet. And you look at the fear and greed index, and it's had extreme fear, right? Which is just, it's wild for me to think about that, because I just think about, okay, well, when that 20 percent correction does come, you know, if that does come, gosh, like how are people going to handle that if they're at a, you know, sentiment is extreme fear from here.
And so that's why I think, you know, staying staying balanced with some of your guys's ETFs and taking opportunity in the markets there as well.
When the market is like this, I think can kind of balance that out a little bit, which is nice. Can you walk me through a little bit further your guys' thoughts on,
you know, the AI and tech trade right now? Because it seems like a lot of investors are,
you know, they're getting kind of impatient with things and not really as excited, it seems like,
as maybe they were a few months ago. But it's funny, you look at NVIDIA, you look at a lot of these big names that are talked about.
And basically, every time we go to the bottom of these ranges, they're getting bought up.
And here we are again, NVIDIA, you know, towards the bottom of this range.
And sentiment seems to be overall just like a little more negative with investors right now.
So I'm curious what your guys' thoughts are.
Are you kind of seeing that with your investors as well? Or do you think that's kind of noise that we shouldn't really be
listening to? I'm curious. Of course, no financial advice, but just curious on your thoughts from
that perspective. Yeah, well, I think a couple, I have a couple of thoughts on this. We think,
so we've been looking at, we have this theory that, you know, capital has become
constrained in the US has become it used to be right. So we look at like private deal flow
into China, right? US into China private markets, right? Was increasing, increasing, increasing until about, you know, let's say 2015 to 2019 era.
And then since then, since the COVID-19 pandemic has completely fallen off a cliff.
And I think you see that in U.S. outbound private investment in general has fallen off a cliff, right?
So that means you have a lot of captive
capital here in the United States. And then a stronger dollar meant that a stronger dollar
and lower growth in Europe and some emerging markets countries meant that even more capital
is flowing into the United States. So I think the U.S. benefits right now from a very captive
capital market. There's not a lot of impetus. Geopolitical tensions
have made it more risky for people to move money outside the United States and be confident
to make those ex-US investments less confident than they were, let's say, back in the Obama
administration. I know I'm dating myself going a long way away, but that matters, I think,
today. And I think that's where you look at like okay yeah you want to sell off
um Nvidia or your AI investments right but like where are you going to put your money right I
guess you could put it in t-bells and make five percent right but you still have an equity
allotment you know you still have a growth objective there's really not a lot of other
places that people look to go right now um and and so that's why I think you see a lot of times you'd video drops
and people buy it right up because again the capital is just not leaving the US
as much as it used to be right so where do we go from there I mean yes that's
very positive I think for a lot of you know know, if you're US focused, buying growth names, right, that's very positive.
But like, how can that happen? Like, there's also a question of how long can that really last?
And we've already seen signs that this cycle is reverting back a little bit, where mostly from just a weakening US dollar. European investors, for example, in 2025, I think if you if you translate the return of the S&P 500 to euro terms and you account for that that US dollar decline, you only made like three or four percent as a European investor in the United States in the S&P 500.
And that's pretty significant.
Right.
And we've seen as a result a lot of flows flows just ETF flows from Europe to China and other places.
So we think some of this is unraveling a little bit which is very beneficial to emerging markets.
And so we think that's something that investors should look at the AI tech trade in general has it played itself out.
No I think there's more room, more growth to be seen
there. I think that the market has, we've still got to see who are the winners and losers
here in this AI tech trade. But a lot of that AI tech trade is in a handful of the very
concentrated companies, companies in which the S&P 500 has now become concentrated, for example, and those are publicly traded.
But it's also in a lot of private companies.
Like you have so fewer publicly traded companies now in the U.S.
It used to be that you would go public at, you know, whatever level you could, and then work evaluation up from there. Now you have companies worth way more staying private for longer,
and you have fewer public companies to trade that money.
So that's another way in which right now I think capital is constrained.
It's constrained in the United States, and then it's constrained in a handful of publicly traded names.
Okay?
And that's good, but it's also also bad because when that starts to unravel and all of that all of that pricing is relying on this constrained
capital and that starts unravel then you just have a domino potentially have a
domino effect snowball effect and that could cause again a lot of wild price
away so what we do in the in our AI investment, we're looking at technology,
is we like to combine private equity and public equity.
We have one of the first ETFs that actually purchased
and still holds shares in a private company.
So that's XAI, both XAI and Anthropic.
both XAI and Anthropic.
So that's really making real this public-private strategy.
So people are able to actually get exposure through you guys
into these private companies here.
Yeah, so the ticker is AGIX.
It's our AI and Technology Index ETF.
And that, yeah, so we own XAI and Anthropic.
Sorry, XAI, which is now SpaceX and Anthropic within that ticker.
Yeah.
That's amazing stuff.
I love to see that.
That definitely sets you guys apart, too, from, you know, others out there just being able to do that.
What was the thought process behind that? Was that just, hey, like, there's opportunity here,
and we want to give it to our investors? I'm curious how that came about.
Well, it was really this wreck, this realization that, okay, you have all these, these, the names,
the companies that are in the public mind share with AI are mostly private companies,
apart from NVIDIA and a handful, right? But OpenAI, XAI, which is now SpaceX, Anthropic,
Perplexity, all of these are private companies and they have massive valuations. SpaceX could be the first trillion dollar private company.
It's something that you can't access in public markets.
We had this realization and then we said, okay, what can we really do about this?
It was around the same time that you had just a few years before an actual there was
a regulation change to make this possible in an ETF structure because previously it
was a big no no for a 40 act fund.
It would have been almost impossible to do so in a 40 act structure, which is what an
ETF is.
And so we benefited from that and we decided to go ahead with we have a great partner in the
AGIX ETF, a longtime AI private investor who was able to us to, you know, advise us a little bit
on those deals to acquire those shares. And so, yeah, that all of that kind of came together in our ability to to do this and buy the private shares for our AITF,
AGIX, which is really exciting. And again, it's a small keep in mind, it's a small weight. So it should be about 10 percent over time. And that's just out of prudence because we need to,
obviously we need to provide liquidity,
be able to meet redemptions, et cetera, when necessary.
But yeah, that's kind of how that all came together.
And it's, we've seen a lot of interest,
significant update from our clients and our existing clients,
new clients.
It's been very well received so far.
Yeah, definitely something I think the audience should put on their watch list or keep an
eye on.
I also just go to on the website and was looking at, you know, since
inception, some of the percentages on these tickers. And AGIX is actually number two since
inception up 22.6%. KCIAI is in the number one spot, the China Alpha Index ETF, which makes sense
with the conversation, the way it's been going, talking about China and all the potential there.
And then number three, KRBN, which is the Global Carbon Strategy ETF.
You talked about how you guys are in the carbon credits and in that sector.
Can you explain a little bit more about that and what opportunities you're seeing there?
Sure.
So just caveat, that's not my area.
My area of expertise is more in China emerging markets. But yeah, so carbon credits. So it's important to note, These are compliance credits, which means they are actually
issued by government agencies. So they are basically licenses to permit to pollute to
emit CO2. If you're in a jurisdiction that requires such a license. So if I'm a, uh, some kind of industrial plant in California, I am required
by law to calculate my, um, emissions and go to an auction. Okay. And purchase carbon credits to basically give myself
the right to pollute X amount.
And the price of those credits then is determined
by the supply, which is completely determined by the state.
And also the demand, which is determined by the economy and these businesses' various needs as a result.
So the supply in most cases, in most of these jurisdictions that issue these credits,
is designed to go down over time, but it is determined, it's set by an authority.
So these are kind of like a hybrid between commodity, but also they have, there's a policy
element to this and the supply is controlled in a way similar to government bonds.
So it's a really interesting alternative investment.
It has a very low correlation to equity markets.
And we actually, in a recent piece,
compared it to traditional hedge like gold.
Gotcha.
Yeah, I appreciate you breaking that down a little bit for me.
I know that's not your area of expertise,
but nice to hear about that a little bit.
I think we did a space, gosh, like a year and a half ago or so
talking about carbon credits.
And I know, so I heard it and it just sparked my thoughts there.
So really cool stuff. I know I
was looking at just going back to the China suite. I was looking at you guys got 10 tickers, I believe,
for the China suite. A lot of different areas for investors to dip into here. How are you guys
actually staying diversified with all these different tickers? Because I know these are
all different areas you're kind of tapping into in the China market. So can I guess explain the
diversification that you guys have here? Sure. So there's a couple, there's, I guess,
two main dimensions where we look to be so far as we can, right? Because our product launch
depends on client demand. But there are two different dimensions where we look to be so far as we can, right? Because our product launch depends on client demand. But there are two different dimensions
where we look to be diversified in China.
One is onshore versus offshore.
So what I mean by that is onshore is
stocks listed on Shanghai and Shenzhen
within in mainland China.
Then offshore is New York listings, so ADRs, and then also Hong Kong.
Hong Kong is, you know, a slightly different, it's a special administrative region.
It's considered an offshore listing jurisdiction.
And we've noted that these two markets, when you look at their indexes, behave very differently.
You're seeing that live right now,
if you look at the past couple of months.
Shanghai index is almost flat,
whereas K-Web, Hang Seng are down significantly.
Okay, so you're seeing that.
So anyway, that's one way we try to be diversified.
So we want to have products that are offshore, products that are on.
We have some products that are both, but those will be like a thematic exposure.
So that gets into our second dimension of diversification, which is thematic.
Okay, so we have China Healthcare, that's Cure, of course China Internet, KWEB, KWEB,
that's our largest ETF, that's our flagship so to speak.
And we have China Clean Technology, which is, so think of you know green energy right um and electric vehicles
um and that's ticker kgrn k green um and so yeah those are the two main so i'd say thematic
diversification and then also um the onshore versus offshore diversification. So you could look at also, for example,
so you mentioned KCAI, so that's an onshore product.
So it's not surprisingly that, to me,
that okay, that's the one that you're seeing
top of the charts since inception right now.
We launched that in late 2024. And that actually is a fascinating product
that uses a machine learning overlay to trade stocks within the CSI 300 universe, which is onshore China stocks. So it uses price data to make a monthly decision
using kind of momentum factors, but that's actually employing an AI engine
to make those decisions. So that's a very innovative product that seeks to get a little
bit of an edge in the mainland market. again that's mainly but that is an onshore
exposure product as well if you will so you're get just getting that bigger correlation benefit
versus you know if you're invested in the u.s or developed markets or even offshore china right so
you're going to want to look at something like that. And that, or KBA is similar, but a lot more simple.
You're just basically buying the 50 largest, most liquid.
Also foreign optionable stocks
listed in mainland China.
Really great stuff, Henry. I hope the audience has taken notes. Some really great pieces on this conversation. I guess just looking out ahead into the rest of
the year of 2026 and beyond that, I'm curious, from your perspective, is there one big theme or
I guess misconception about China investing that you would set straight here?
Because I feel like at least me as a young guy growing up kind of into the investing world here, I've always tended to stay away from the China sector and stuff in that area. So I'm curious if there's like one big misconception or something that you would kind of like to set straight and maybe give some ease to some China investors out there
or some people that are looking to get into this area.
I think that you need to look at multiple data sources.
You should be conscious of where you're getting your information when it comes to China.
I think that depending on, I think that our media in the United States doesn't do the best job of portraying things as they are in China.
I think that there's a lot of, I don't want to go so far as to say misinformation, but
one of the things that we pride ourselves on and try to do is really apply a data-driven
approach.
approach. We do a lot of research. We try to apply a data-driven approach. And we also
We do a lot of research.
We try to apply a data-driven approach.
just try to provide an approach that just provides a different perspective, right? I
think that China is not a monolith. It's a massive country, a diverse country. And sometimes it can be portrayed as such.
Obviously, granted, it is a one-party state.
But there are many, many local differences.
There's a huge ecosystem of different companies that compete with one another.
And it's highly competitive.
In some industries, I would actually say that in a way in a funny way
um china is more capital i would this is going to sound crazy but in in in some ways china is more capitalistic than the united states and i'll give you an example um the auto industry okay the u.s auto industry today is mostly concentrated in maybe three four
major players okay gm ford tesla um maybe one other okay in china you have 150 different car
brands today okay all competing super super competitive their margins are super slim they keep coming out with models cheaper
faster more efficient this and that new features flying vehicles x-fung is flying vehicles now or
they have a concept for it right it's just hyper hyper competitive today okay so that's one example, right? Another example is, or another case for this, is that China's, basically the way the society is structured, the government makes most of its money from land sales.
Like the government makes most of its money from land sales.
So there's actually isn't a crazy high corporate tax.
It's actually quite low.
And they also fund innovation like crazy, like way more than we do.
Right?
Like if you're an innovative company in a sector that,
so they're gonna come out with a five-year plan,
coming out with a five-year plan imminently,
this is the two sessions going on,
they come in, I mean,
this is a once in a five-year opportunity for this,
and you're gonna see what industries they say
they are prioritizing in that plan, okay,
will impact, like literally, people will change their jobs.
Okay, and our founders experienced this firsthand in China. People will change their jobs
based on what industries the government says is going to prioritize. Because it means that
the government will likely, if you're doing something innovative in that field, they will
fund you. Okay, so there's a lot of R&D spending, right?
And that doesn't actually make it more capitalist,
but there's just this huge level of competition and innovation in China
that I think gets completely glossed over by a lot of analysis that's done on China
and a lot of reporting on China.
I think it's important to remember.
And yeah, and I think it makes an impact
when you're investing there. 100%. I couldn't agree more. And just you were mentioning,
you know, the automobile market and everything going on there. I know you guys have the ticker
KARS, the Electric Vehicle and Mobility Index ETF. Talk to me about that and kind of the opportunities
you're seeing there, um, with, with everything going on. Cause I know, you know, you're mentioning
all the competition there. I'm curious, maybe, I don't know if you could talk about this, but like
what, what would, what holdings are kind of in something like that. Um, but yeah, I would love
to hear your analysis on that. Cause I know you're big on, on that ticker. Yeah, sure. So cars is so cars is global, so it's not only China, right?
So it's tracking its electric vehicles and future mobility.
So it's tracking all the major electric vehicles companies in the world,
as well as companies involved in things like autonomous driving and other new technologies, infotainment systems, things like this that will contribute to the future of transportation.
One of the key differentiators with cars versus other electric vehicles, ETFs,
is that cars really reflect the current state of the market where China is the leader.
China's number one in electric vehicle sales.
And so China is a significant part of the fund.
It's a much higher weight.
I don't know exactly right now, but it's almost half of that fund and is expected to remain so.
And that's because, again, they're the largest electric vehicles market, right?
market right so you look at some of these other our competitors right we'll have a much lower
So you look at some of these other competitors, right, will have a much lower weight to China.
weight to china for whatever reason they have uh restrictions on how many mainland stocks they can
buy or whatever we're unrestricted um in that regard we use the bloomberg electric vehicles
index which we think is an excellent gauge uh of and a realistic gauge of this market
um and some of the companies yes so So one of the companies, I mean,
obviously we got Tesla in there. We've got... That's my biggest long-term holding right there.
Yes. So, you know, you're not going to, so like, if you're looking at this fund, you know,
you're not going to miss out necessarily on that. You know, we've also got, you know,
obviously we've got a lot of the Chinese automakers
too.
And then we also have companies like CATL, which I don't, I think flies under the radar
for a lot of people, but they're actually the largest battery producer in the world
supplying.
They're a Tesla supplier, a pretty big one too, for example.
All right. supplying they're a tesla supplier a pretty big one too for example all right and so we have these
ecosystem companies uh in there as well that you know you might not really think of um when you're
thinking of electric vehicles but the reality is that a lot of companies tesla included though a
little less so than others but a lot of these ev brands uh have a lot of different suppliers. They might not make their own batteries, so they buy batteries from someone or what have you.
Wheels, axles, they might buy them from someone else, right?
And so we kind of try to capture this entire ecosystem, ecosystem approach there when it comes to electric vehicles, future mobility, what have you. And then of course, without a bias, you think given
our experience to be biased, but without a bias, it is overweight China just because
that's the largest market for electric vehicles currently.
Yeah, it makes sense that you'd be overweight there, but nice to hear that even in this area,
you guys are staying very diversified, Have plenty of different avenues, plenty of different names in this ETF, right? To keep things balanced out. And you see
it in the performance as well. The past year of 51.8%, right? Year to date, it's up 8% in the
past month, 4.8, just consistent gains across the board. And I think that's just something I really
like about your guys' ETFs, right? Always staying very diversified. The consistency is there, right? The results are there. And so that's something I just, I love,
and I think the audience should take note of for sure. Right, right. Yeah, no, thank you. And
yeah, and these are, it's interesting to the future mobility index index like that group of companies, Tesla included, is overlapping with our robotics index.
Right.
And the plan to keep those both because you have some different names that are in sectors.
But obviously, I would imagine a ton of names are overlapping in
those two ETFs.
So, is the plan to just keep those separate and keep building on them?
That is, yeah.
Yeah.
But we are seeing a little bit of overlap because, I mean, you've seen Tesla come out.
They say they're building, you know, they're building the optimists.
They say, oh, we could be more of a robotics company in the future.
So we're still monitoring that for now. Yeah, they're separate. But we're seeing a little bit of overlap, which is fascinating. Right. And then and then talking about country diversification, like Tesla actually is is building its robots in China.
Okay, well not a lot of people know this. They're contracting a Chinese company to make these robots because China is number one by far in robotics manufacturing.
Okay, they have completely jumped ahead of everyone else here.
This has largely been under the radar and it's largely been done off the back of the existing infrastructure that the car makers have.
Because there's similar supply chains even, you know, I think Elon Musk has talked about this,
where you can actually convert, you know,
you have something making cars,
you can have it make humanoid robots as well, right?
So China has realized this too.
And there's a lot of conversion going on there.
So yes, keep an eye on that.
We're keeping an eye on that.
But right now it's a separate fund.
Gotcha.
Yeah, well, something something definitely keep an eye
on yeah um henry that's the robotics gotcha for those who don't know yeah gotcha yeah perfect um
this has been a phenomenal conversation i don't know that there's any other pieces that i have
to hit on but um if there's anything we maybe haven't talked about that you want to bring up to the
audience i would love to hear it but i think we touched on a decent amount is there anything
left that you want to get in front of the audience um you know uh we touched on quite a lot i think
uh i think i think we gave them a lot to think about so um that might be it and then yeah just i think it's really
uncertain market out there right now um hopefully the next time we do this uh i'll uh have a little
bit more conviction but yeah me too hopefully we're out of this range by then honestly i'm with
you i don't have any conviction when the market's looking like this you know but yeah obviously we'll try and take our opportunity on the intraday and do our little, you know,
day trading scalps and all that or whatever. But in terms of actually catching, you know,
efficient moves in the market, it's been, it's been tough. So I pray that the next time you're
on here, we're hopefully out of this range, got, got some more to talk about in that area, but
a pleasure having you on Henry. I always appreciate you coming on and just being able to be transparent with the audience.
And, you know, I'm up here asking questions, which by the way, if the audience ever has
questions, always feel free to throw them in the comments.
If you guys do, I know some of you did throw some in there, but for everybody else, always
feel free to use that little purple bubble on the bottom, right.
And drop comments to us that you want answered.
But Henry, a pleasure having you on. Is there any uh anything else you want to leave with the audience
before we wrap up uh no i think that's that's uh covered a lot like i said covered a lot today
um i think i think uh we're leaving them in a good place so i certainly hope as best we can
today you know so anyway yeah thanks for having me. Always a pleasure.
Hopefully see you soon, everybody.
Make sure you guys are following that CraneShares account.
A great account to follow if you want to stay up to date with all the ETFs and everything
going on there.
And reminder to check out the prospectus on the website, craneshares.com.
You guys can check out the prospectus, check out all the different ETFs that they have.
There's a ton that we talked over today, but plenty more that we maybe haven't mentioned that you might
want to look into yourself so feel free to do that it's gonna do it for this conversation today
again henry really appreciate you and uh yeah we're gonna hop on the youtube stream for the
rest of the day i believe emp has been killing it on the trade throughout the day so um we'll
see everybody over there wrap up the monday and day. So we'll see everybody over there, wrap up the Monday.
And for everybody else, we'll see you guys bright and early back on Spaces tomorrow morning at 9 a.m. Eastern time.
So peace out, everybody. Have a great day. Thank you.
