Thank you. Thank you. All right.
Happy Monday. Last Monday of 2025. Last Stock Picks of the Week show for 2025.
Here with a great crew joining us. An interesting week. Some wild things happening over in the commodities, of course.
And the market itself. New all-time high on Friday since we last spoke,
and then pulling back just slightly in today a little bit.
It'll be interesting to hear everyone's thoughts.
Quick programming note as everyone gets connected here.
We are doing the year-long picks next Monday evening,
but those picks need to be submitted.
So if you're up here on stage with us, please check that chat.
There's a link for you to drop in your two picks before Thursday, those picks need to be submitted. So if you're up here on stage with us, please check that chat.
There's a link for you to drop in your two picks before Thursday, before the end of the year, and then we'll present those next Monday. So that's where we're at. I'll give some updates
on all that stuff. Of course, with the current picks we have for this past year, there is a
dead heat race on that. But let's start with last week, this past week, shortened holiday
week, of course, and didn't go great for us. We'll be just 100% transparent on this. Did not go
very well for us overall as a crew, but we had a couple good picks in here. Ariel, who I sent a
message to see if we can get him joined up here. Ariel, who joined us last
week was our top picker. And believe it or not, he had the top pick, which was SILJ, the silver
miners on the short side. So the, so the, a week ago before the blow off top on silver, uh, Ariel
picked silver miners short or junior miners, I should say SILJ short. And that was the
top pick of the week, 6.79%. He also had AMZU up 2.55%, which was the third best pick of the week.
So first and third best picks gave him by far the best average 4.67%. Ariel, our current champion,
average 4.67% Ariel, our current champion. Second place goes to yours truly. XLF didn't do anything
for me at all, but TMF was up 3.17%. That's the triple leverage TLT bonds. 1.59% was my return.
And third place goes to Chris Patel. Chris Patel, Toast and Fiserv, both slightly down,
but still less red than some of the rest of the crew here.
So third place goes over to Chris Patel.
So there's your top three, along with your top three picks as well.
And we didn't beat the market this week,
but our track record of beating the market is still very, very strong on this show.
We got another holiday week.
We got some weird things happening, commodities.
I'm interested to see what everyone's doing.
Ben, I saw you sent me a message.
So I want to go over to you first.
I know that you may have to step out.
So I want to get your market sentiment thoughts.
And if you want to go ahead and throw in your picks
and then we'll continue around the market sentiment from there.
So my sentiment is not very good right now.
I know Spy and QQQ hanging in there, maybe a little bit of a January effect there in Spy.
But, man, the breath is horrible.
I mean, I did not expect this, usually after Christmas, where I like to focus on risk assets,
growth stocks, microcaps.
They usually do well during this time period, and they have not been doing well, which has
surprised me and kind of blindsided me since Friday.
The breath has been extremely poor.
Bitcoin continues to trade very poorly.
And then we had this silver squeeze situation on Friday,
which brought some, a little bit of fear in the market today
in terms of maybe, you know, a bank blowing up or something,
which I don't know, I don't think that happened,
but there was some fear about that.
So I don't know what's going on, to be honest with you.
I think this is not what I was hoping for. And it worries me a little bit. I'm thinking maybe it's indicative of tax deferral selling that might be coming this is something i've been worried about for a couple months come january 2nd will we see a big sell-off because it was a big green year um and people are holding
their winners to sell them on january 2nd that might be something um to think about i was planning
on getting some puts to hedge my lungs on wednesday i decided to buy that today instead a couple days in advance. That being said,
I'll just pause there to see if you have any feedback on the sentiment, and then I'll get
into a couple quick picks because we've got to run. It is interesting. I mean, we're not far
off all-time highs. S&P just made one on Friday, but something feels weak. Is it, I mean, risk assets, obviously crypto, the silver kind of thing.
Is it just like your Spidey sense going off and seeing like just different things are weird here?
Something has fell off here since Friday.
So I don't know. I'm not really happy with the price action. And even the hedge
that I picked up this morning didn't really work. But I'm holding on to those spy puts. I think they
expired Tuesday, just in case we get a sell off at the start of the year. You know, but I'm sticking
with my game plan. It's hurt the last two days because my game plan here is heavy exposure to January effect
These are stocks that have been beaten down really badly in 2025, but have good valuations,
good recent catalysts, but simply have not been responding due to tax harvesting and
So I've made a list of about 15 of those stocks and I'm in pretty
heavy. I established my positions on the day before Christmas and it's just been straight down
since then for most of them. Very, very surprising to be honest with you. But I'm going to stick with
the plan and sticking with all those picks, you know, maybe we'll start seeing that. You know, in previous years, these January effect names didn't really take off until
And then, you know, the first two weeks of the year are just great for those names,
But there's usually, like, just better price action stability between Christmas and New
So that's just concerning me a little bit.
But I'm going to stick with the plan.
And yeah, I mean, that's that.
And if you're ready, I'm going to give you two of those 10 to 15 January effect picks
now that I think could do well just Friday and Monday next week.
Go ahead, drop those two picks for me.
So I got a list of about 15 of these stocks.
And by the way, there's probably at least a couple hundred stocks that fit this criteria,
where it's just artificially kept down.
I'm usually a big believer in efficient markets,
but this time of year you get these inefficiencies that are created because of tax season.
So there are probably at least a
couple hundred stocks that are really artificially undervalued because of tax law selling and,
you know, that are kind of turning things around that have recent good catalysts and they just
haven't reacted yet. So, you know, these are just a snapshot. It's by no means it's like,
hey, these two are going to do the best or these 15 I have are going to do the best. There's
literally going to be a couple hundred of them if you do your research on this.
So the two, though, that really stand out to me that I think can have a good Friday and Monday and maybe even New Year's Eve.
One of them is Webull. I've been talking about this for quite a while.
Webull had inflection earnings on November 20th.
It reacted well initially to it for a week or two and then completely sold off.
You can get Webull right now for the same price that was right before the earnings report,
It's probably worth at least $15, in my opinion, right now. So this recent weakness you've seen here since December 10th, I think, is 100% attributed
And as soon as that pressure gets relieved, I'm expecting a sharp move in Webull in the
first couple of weeks of the year.
And maybe we'll get a nice start here Friday and Monday when the New Year turns over.
And the other one related to tax law selling, which is a fun one you've probably heard about
because in the space theme is Redwire.
So Redwire, RDW, was initially part of my January effect list that I started making
But it took off early because of the space theme that took off with the SpaceX IPO that's coming.
So I ended up playing it early.
We made our profit early.
And I took it off my list because I'm like, it's already ran.
So for the January picks, I like them, you know, having not run yet going into January first.
But then I added it back to my list because of this big pullback we just had in four days, pullback from nine to seven. Oh my gosh. Right back to the 20 DMA. And here's another
example where you got this residual tax law selling. I thought, you know, all of the space
demand basically overwhelmed any tax law selling. It looks like, you know, the bottom was in,
but it looks like here we still have folks who are underwater in 2025 on Redwire,
and they took advantage of this pop here to sell and harvest those tax sauces, took it right to
the 20 DMA. So this one not only does it have the January effect, but you have the tailwind of the
space sector, which could lead to an explosive move Friday into Monday. And again, a lot of these,
they kind of start New Year's Eve in anticipation as well.
So those are my two picks for next week.
It's going to be Webull, B-U-L-L, and Redwire RDW.
I just want to ask you one follow-up question.
How did you pick out of all of the ones,
those two, I mean, I know you heard the thesis,
but did those two stand out a whole lot more than the others?
Are you wading into certain picks that you like more for the January effect
more than others just out of curiosity?
Yeah, yeah, yeah, because I did.
I'm like, I got to pick two January effect picks this week for Wolf.
So I have a watch list, and there's actually 20 names on it.
So I went through them, and the reason I picked this, one is because of the space theme on Redwire.
So I'm thinking it has, like, kind of multiple things in its favor, not just the rebound from tax-loss selling,
but it has a really positive sentiment of the space sector being hot right now,
plus the fact that it just bounced off the 20 DMA today.
So that's why I picked Redwire. And Webull just keeps going down. I don't know, man. I'm like, all right,
this is just down too much. And I have this kind of thesis that the harder you're falling in the
past, in the last week of December, the harder the snapback will be to the upside. Because this
drop that we're seeing in Webull here, I think is indicative of heavy tax law selling.
It's just got to quickly correct itself. I think once the calendar turns.
So yeah, I was just going through the charts and I noticed Webull was one of the weakest.
That's why I picked that and read where I picked because of the 20 DMA and the space
I appreciate you joining us.
I know you have to run here.
The last comment I'll make real fast is we are neck and neck between Ben and
Gav for the year long picks,
It was actually much closer.
It was within a half a percent earlier this afternoon when we looked at it.
So coming down to the wire here to see who wins the 2025 year-long picks
between Story Trading there and Mr. Wolf Financial himself, Gav Blacksburg.
You're sitting a little bit better.
Actually, no, I take that back on the second half picks.
It was closer than I thought earlier, but now it's
spread out. Gav also winning that one just ahead of you, 54 to 46. So Ben, great job on the year
long. We'll get that full update next week. Look forward to having your picks and hope you have a
great new year. Thanks for joining on short timeframe here. All right, let's go around the panel and get the
rest of everyone's market sentiment macro thoughts about what's going on. I'll go over to Chris
Patel next. Chris, what are you seeing out there in these markets? Any opportunity? Is it less is
more as we finish out the year here? What are you looking at?
I'm not hearing anything from Chris.
I will send him another invite.
Let's see if we can get him right back up here on the stage.
No worries. We've got plenty of other great minds up here.
Let's go over to Nick Drendel and I'll work on getting Chris back up here.
Nick Drendel, market's not doing a whole lot.
Made a new all-time high, but like Ben was saying there,
there's a few things that are kind of like uneasy maybe is the term that I would use.
Yeah, thanks for having me.
To me, it's just a lack of overall momentum.
And you can kind of see it in a super strong market, especially when you're trading growth stocks.
QQQ will be outperforming the S&P 500.
And that's just not the case right now.
S&P 500, right in your highs. The NASDAQ,
though, is on its fifth unfilled gap down off its highs. So we're basically, every time we rally
back into that area, sellers are stepping in overnight, and then we gap down. And repairing
that with extreme exposure to the long side, NAIM, we've been over 95% long the last four weeks. There has not been
another correction that I've seen. And I know technically we did not fit the requirements for
like a correction, but the last two months, I would call it corrective action, at least,
where we've seen two pretty sharp pullbacks and now we're seeing volatility contract.
two pretty sharp pullbacks and now we're seeing volatility contract. But there's just,
if everyone's already long the NASDAQ and already long tech, and we're seeing relative
weakness out of tech, I don't really, I don't see a scenario where tech just catches on fire
again to start next year. And maybe some people are holding off on taking profits and and
positioning is a little bit heavier tech into the end of the year just for some window dressing so
investors can tell their clients hey we're 100 long in this market and here are all of our tech
stocks and and their clients will be happy because they know this was the year of ai and and that's
what they want to see but at some point that positioning is going to have to unravel if tech continues to underperform.
And I hope this is not the case, but I look back at 2022 and or 2021 and a year, and we
went through a basing process right at the end of the year and then rolled over and we
had positioning very heavy um over 85 on the
the day that we lost the 50-day moving average back in january i think it was january 4th or
january 5th of 2022 and that kicked off the bear market and i don't necessarily think that we need
to actually have like a full year of of correction or anything like that. But it doesn't seem like there's much fear in this market,
but there's also not enough momentum. So we kind of need corrections and we need sharp pullbacks to
get us the type of market sentiment that's needed for a nice clean up trend. Like we saw with the
tariffs, like we came out of that base at the like January of that base at the January 18th, 19th this year, kind of rallying out of a
little corrective action.
And then we went into that sharper pullback that got everyone very scared, got positioning
extremely, extremely light.
And then we had very clean uptrending action for months and months and months where we
only closed, the NAS where we only closed.
The Nasdaq only closed under the 20 day moving average two times in a row.
One time throughout that entire uptrend from mid-April until October 10th, which if you look back on the Nasdaq chart, that was obviously like a very obvious change of character.
October 10th was you saw massive volatility introduced in the market.
And really the market has not been the same since.
We saw like the first part of this pullback from, what was it?
October 29th into November 20th, where positioning was super heavy.
We had to unwind all that, but there just has not been momentum in this market.
And I really doubt there's going to be crazy momentum the last two trading days of this year
and probably not on Monday. And another thing that I keep going back to is I am not getting
traction on the long side. Most of the setups that I'm trading, I'm getting a day or two days
where price moves away from my entry. I can at least get my stop to break even but nothing is trending with real power um outside of the metal
names which they just went parabolic they just had it looks like blow off moves in silver platinum
and uh what was the other one palladium with that very large move. So at this point, like, I'm thinking a little bit more defensive to going into the new year than most.
It's hard to be that way with the S&P 500, like right near highs.
But I don't think the names that led this year is really going to be the names that lead next year, at least without a correction like we saw
at the beginning of this year. It's really like the retail clothing stocks. Those continue to
show great relative strength on my screens. Solar stocks are hanging in there. That could still be
a theme. That's still something that I'm focused on going into next year but the rest
of these like nuclear names they got rocked a lot of the the risk on with like quantum crypto all
this stuff no no bounce back no love for those names so really simply like until i'm getting
traction on trades where i don't have to fight for my entry every single day to get exposure in this market, position sizing has to stay low, risk per trade has to stay low, and the market has to pull me back in and prove to me that it's going to be strong in trend.
Until then, it's just defensive trading, trading on undercut and reclaims instead of on strength until we can get something working in the market.
Appreciate those thoughts, Nick. In this time of the market, are you finding opportunities anywhere?
Are you kind of just waiting? Are you thinking maybe we get through a couple weeks into January and then maybe start to, how active are you right here in this timeframe?
I would say I'm definitely less active. I'm at like my parents' house this week. So I'm trying
to trade less and just more. So look at what's going on. I also had like a rough end of the
year last year, trying to short some of the quantum names that just continued to rip. So I told myself this year when I was going home,
like, don't give up like a really great year, your last couple of days trying to make something
special happen. And again, with exposure that high and with the lack of traction I've gotten
over the last five weeks, it doesn't, it doesn't give me any, like, it doesn't put any pressure on me to make something happen this week because
either the market is not quite right or I'm not seeing the market right.
And either way, that's not a market that I should be pressing my luck on.
Another thing that you mentioned in there was just kind of the lack of, I don't know,
maybe froth is the term here, but I'm looking at the
VIX and the VIX, you know, basically the lowest we've seen in a year. It just, there's not much
moves period that are going on. There's not much volatility in this market right now.
Is that factoring in as well? I mean, because that's kind of what I'm seeing. I'm like,
what is the opportunity, you know opportunity for a big move here?
It doesn't look like the market really wants to do anything.
The volume is pretty anemic.
And the VIX, the volatility of the market right now,
is just at extremely low levels comparatively.
And I mean, I think that isn't necessarily a bad thing.
It's frustrating as we go like week to week trying to trade through that.
like quality basis. You need corrections to actually get a market that's going to be able
to trend because eventually like you have to reset the deck, you have to reset sentiment,
and you have to reset positioning. And it feels like for the most part, like it's,
we don't really have like super bullish sentiment. We don't have like those high flying names going, but positioning itself is still very long.
So until positioning comes down where people are going to have to like reenter the market when strong price action happens, which that's how you get a trending market.
It just doesn't seem like they're like, this is the market to press a lot of buttons and press on the gas.
You look back at corrections from like 2020, from September to December,
the 2024 correction that we had, we had kind of like this three weeks down, two week bounce,
week and a half down, a higher low put in. But then on that second bounce you see volatility contract and
that's really what i'm hoping for over the next like week or so like volatility not really doing
anything this week hopefully the first week of january we can kind of see that window dressing
like be undone where positioning becomes super light um without hopefully price making new lows. And then we have the deck set.
Like we've got a couple months of sideways action,
lightening up positioning,
and then we can have a nice rally.
But really I'm looking at the commitment of traders data,
COT data and the NAIM exposure.
And they're both very, very heavily long right now.
So you're just not going to have even more buyers come in to give you that
trending market without that getting flushed out.
I just don't see the catalysts that are really moving the market right here
either. I agree with that take. I appreciate your thoughts there, Nick.
Thanks for joining us from your parents' house.
Hope you're enjoying the holidays. Come back around and get your two picks for the week here shortly. Let's continue around some of the other panelists we have up here. Based on what Nick was saying there, it seems like, and I know that there's a couple guys in this panel that have been doing this with me, is selling premium has been kind of the move here. I'm going to go over to Nots next because
that's one thing I know we've been doing while the market's kind of just chopping here and maybe
floating a little bit higher is just probably selling a lot of premium. And I think that that
approach may be the correct approach here, at least from an opportunity standpoint. But
Nots, I'm curious what your thoughts are around this kind of maybe Santa Claus rally thing that's happening in the market here at the end of the year with low volume and just kind of this choppy grind higher but not really go anywhere type of market.
You know, I have been selling a lot of premium.
Obviously, we've been talking about it a lot on our daily uh trading sessions um and in reality i mean
i'm just taken with the market gives me um we have been shopping obviously holiday season volume
gets lower action gets a little more quiet obviously we have some intraday moves you know
today we went down and then we you know went back up uh last wednesday on new year's eve we got new highs on spy um so again there's always going to be you know some
sort of move it's just lower volume and you know could just get a little more choppy so taking
advantage of that with option selling um you know going into the new year here, you know, I have some caution.
You know, it's possible we could break a little higher,
but I do feel like there is some exhaustion that we're kind of seeing.
It could just be, again, you know, low volume and holiday season.
But overall, I mean, getting to the levels we're at, it just feels like
across the board, I'm starting to see things that just look a little off. And obviously,
I mean, look at silver, look at gold, look at, you know, all those minerals, palladium,
all that stuff. You know, that rising exponentially is just something that really
doesn't happen that often um you look at silver
i mean it had its i think biggest day in history up over 11 something that really has never really
happened before i could be wrong on that but even if i'm wrong on that i mean it's probably
the second or third time that's ever happened in the silver's history. So there is things to be concerned about.
I believe it was the largest intraday range ever on silver, and it was like 15% from peak to trough on the futures.
Yeah, I mean, that's crazy.
Yeah, you know, there's definitely concerns,
things to be cautious about.
So yeah, that's why I'm kind of taking advantage
of selling premium and making money
on that end of the stick there.
As far as like swing trades
and some of your other positions,
are you building into those?
Are you kind of just sitting on cash
or are you sitting on hands,
kind of waiting a little bit?
So I did open some positions i'm kind of getting myself ready for 2026 um i opened slash editor
positions um so zeta has been a position that i've absolutely loved i'm starting to see almost
everyone kind of talk about it on social media um I mean, they're just a company that has been growing quarter after quarter, year after
They're about to go net income profitable.
I added 100 shares to that today.
I added some long-term leads to it too on the dip today.
So I'm just taking advantage of opportunities.
I mean, it was down 4% to 5% at some point today.
I grabbed it there. It bounced 60 cents since that buy. So just trying to take advantage of
things like that. Another name that I'm looking into into 2026 is UiPath, ticker P-A-T-H.
Another name that is growing. They have a new product that's going to
be fully incorporated into their financials coming this year. And I started a position on that on
Friday. So yeah, I, you know, I am being cautious with my capital, but I'm taking advantage on
down days, you know, where the stock is down and trying to at least, you know, put money in those situations.
I don't want to be buying when it's up.
Let's just say something like ASTS when it was up $20 in two days, something I definitely don't want to be doing.
In that case, I'd probably want to be trimming some.
But yeah, so being cautious, but also utilizing the funds.
Yeah, great thoughts there, Nats. It seems like it's, don't do a whole lot, or if you are doing
stuff, selling premium. Just one last question for you before I continue around. The selling
premium with VIX where it is right now, are you still finding pretty good opportunities to
say, hey, VIX is low, you know, on a day- opportunities to say hey fix is low you know on a
day-by-day basis on the you know trading type of thing i'm not doing a whole lot but are you
finding it easier to sell premium here or is it a little bit more difficult what's what's your take
so i'd say today was kind of that issue um you know, we had a 14 and a half vex, even with the market being down,
you know, half a percent right at the open, I still wasn't seeing, you know,
premium that you would see it obviously a 17 or an 18 vex.
So you have to play closer to the money, which for me,
I like to play a little more conservatively.
It's just how I've been compounding my account for the past six years of doing spreads.
But overall, you know, there is opportunities.
I sized lower today as I just didn't like what I was seeing premium-wise.
I took a put spread because I felt that we were going to stay up after that drop. And I was
basically just about five minutes off from that bottom that and that worked out really nice. So
again, you know, with the premiums being low with bits being low, yes, you know, it is harder to
acquire the specific stripes that I really want,
but I'm still dealing with what is given to me.
Appreciate those thoughts.
Yeah, sorry, I was trying to get unmuted.
My headphone fell out of my ear, so I had to push it back in real fast.
All right, Nott, great thoughts there.
Excited to see what your two picks are.
And I know you've got your year-long picks in as well.
We're definitely going to cover that.
For those that joined a little bit later, we are doing the year-long picks next Monday.
We do have a form for you guys.
All of you guys up here on stage to go in and submit those two picks just to make sure nobody picks the same thing. If somebody does, we'll first come first serve and
we'll just send it back to you to get an updated pick. But we'll see. There's so many different
names and opportunities. It'll be interesting to see if anybody does pick the same thing, but
we will present those on next Monday's space, the first space of the year. But we want to make those
picks now and get those in before Thursday, before the first day of the year. So I appreciate you not. We'll come back
around and get your two picks. I'm going to go over to Jordan next, and then we'll hit Stock
Sniper with the Market Sentiment Thoughts. Jordan, you've been selling premium too.
Even you are looking at this and you're seeing some of your opportunities intraday
play out a little bit too quickly on the trading side of things.
But I know you've been selling premium a little bit.
I'm just curious, what are your thoughts here with where the market's at, where VIX is at?
There's nothing wrong with this market, but we're not really going anywhere.
Yeah, I mean, with the end of the year, a lot of great points on the panel already so far, by the way, but just end of the year trading last real week of the year here, I just
don't see much reason for the market to move a whole lot, right? Like a lot of these big dogs
are still on vacation. Nobody's really coming back from vacation this week, right? It's still
like a lot of people are taking time off all the way into New Year.
So, and I even imagine that January is a slow start to the new year.
So, I just don't have a whole lot of high expectations for the market,
whether that's, you know, to the upside or downside.
I just don't think we're going to have these ginormous moves like we have had recently.
So, yeah, I've been selling a lot of premiums,
taking advantage of the lower volatility environment.
I was doing nothing and shopping all day.
You know, you can intraday get a little bit of premium early on in the day
and just let that kind of ride out and expire at the end of the day.
So I've been doing a lot more of that.
Shout out Knott's who's been helping me out.
But other than that, I mean, yeah, like you said,
I've had a lot of moves the past two weeks
where it's just like we'll open up
and just rip straight to target
and not really set up or anything.
And so I'll get, you know,
a few plays here and there throughout the week,
but I'm really definitely just focused
on selling premium right now.
And it's nice because you don't have to be
directionally right to make any money, right?
So I'm going to focus on doing a whole lot more of that probably end of year.
Of course, still trading every day, right?
I'm still like, if there's plays to be taken, I'm going to be taking them.
But it's just, I've just found like every single morning,
the past, literally the past week and a half,
it's like every single morning we just open up
and exactly where I wanted the market to go, but we go there we don't we don't really set up at all there's no there's no uh structure built at
all there's nothing it's just like oh opening candle let's rip right to where you want it and
it's like okay it's cool but uh I'm not just trying to blindly enter something right at the
market open like that you know so it's been a little tough in that area but still doing well
a lot of the time when I'm not able to hit the play that I want, you know, originally,
I'll still be able to use the IB data from Edgeful and hit plays with that.
I know you're using that all the time, Em.
So that's something I'm doing all the time.
That's how I made any money in the futures today was from that data.
So I've been doing a lot more of that.
And yeah, I'm just taking the market day by day.
to at the end of the year here. And going into the new year, nobody really knows what can happen,
what kind of catalyst can come into the new year. This time last year, right, everything was dandy
and then tariffs showed up, right, which I'm not saying that's going to happen again. We don't know
what kind of catalyst can come. But I just think staying safe into the new year right and trying to not go absolutely
nuts and make a ton of money just off the start right just take things slow is gonna do me a bit
better because I don't know the past few past few years when I start out at the new year I usually
don't do as well so I'm trying to trying to break that chain break that streak this year and see if
but actually do decent at the beginning of the year
versus take a bunch of losses.
That's how I'm feeling about this market.
I don't think much is going to happen the rest of the week,
but we'll still capitalize and we'll try and make some money.
I think it's weird how human psychology works on that.
My brain is kind of in the same.
I don't see much opportunity right now in the market.
And I don't see much happening for a couple of weeks is kind of my take.
But the psychology thing around, well, it's the end of the year and it's the beginning
Like I don't want to end the year bad.
Nick Drindle was kind of mentioning that earlier.
I don't want to mess up a good year that I've had.
I think most of us have had a pretty good year.
And I don't want to start off the next year on a bad foot. Isn't it funny how that psychology kind of comes into play a little
bit where you're like, why is it any different now than it is in like mid-August or something?
But it is part of the psychological thing, right, Jordan?
100%. Yeah. Couldn't agree more.
Yeah. Very interesting. All right. Let me go over to StockSniper, and then we'll hit Sam.
StockSniper, what's your take on these markets with where we're at right now?
Gotta just start off and say, we all heard it. Jordan is focused on not making too much money.
Just saying, we all heard it. Don't make too much money, Jordan. I think that will be good.
I gotta say, honestly, in this current market, when I'm looking at the end of the year,
that time between Christmas and New Year's is some of the roughest price action, in my opinion.
I have to say, for many people who have been around for a while,
I'm sure that a handful of you guys listening have messed up something.
Again, just like what Nick Drendel was emphasizing on and you reiterated there,
you don't want to mess up a good year,
and you also don't want to start off a year on a bad foot.
I got to say there's plenty of opportunities to mess up a good year this week.
You could look all around and you'll see plenty of them.
I got to say, though, at this time, I like to really look back at the year
and kind of reflect and look at what I did wrong, what I did right. And I got to say also just an FYI for
everybody, Wednesday is the final day for tax loss harvesting. That is another thing that I like to
do at this time of the year is if I do have a capital gains running towards the end of the year,
I do want to sell some stocks that are sitting at losses to offset those losses. Therefore, it's deducted from the total taxable amount. But that's pretty much just
the act of tax loss harvesting that you typically see at this time of the year. Wednesday is the
final date to do that. So just keep that in mind, especially where you'll see a lot of good names
that are red or some names that just haven't outperformed crazy that some people could be
underwater on that they are selling that they plan to rebuy again in January, but they're going to sell it and they're going to not get into it
for at least five days. But you're going to see a lot of people doing some tax loss harvesting this
week. So again, if you do see a name that has pulled back 10, 15% or so, and you're seeing a
lot of selling volume on it, I wouldn't really, I would take it with a grain of salt this week.
I feel like everybody's been, has traded at some point between New Year's and Christmas
and gotten caught in a choppy or trappy trade and had a terrible time in the process of doing it.
I've done that already before.
I don't really need to do that again this week.
I got to say I did not trade today.
I might trade tomorrow or throughout the week.
It has to be an A-plus setup. It has to be exactly what I'm looking for. I'm not trade today. I might trade tomorrow or throughout the week. It has to be an A-plus
setup. It has to be exactly what I'm looking for. I'm not trying to force anything. And again,
I'm totally cool with just staring at the screen all week and reading more about the investing
side of things, which I like to do when the market's a little slower. I got to say, there's
so much information out there. And sometimes, you know, you get a little behind. I think this week is a great time to catch up on things, read up on stories for some of the names that you own and understand exactly what's going on with some of these names and what they plan to do going into 2026.
to not get caught off sides when you see that the company is shifting in a certain way and you are
expecting them to do something differently. So that's just a little thing to keep a heads up or
keep an eye out for. Just read up on some of the names that you own going into next year if you
have the extra time. And a lot of people have extra time this week. There's not much going on
and there's really not that much news or high impact events to keep up with. Nobody should really be overwhelmed this week.
I have to say though, if you find yourself in a state of red from trading, you know,
maybe just take a look at things, you know, and ask yourself if you're over trading or if you're
trying to make something out of nothing. And this week is not the week to do that. I could tell you
guys there's opportunities every single day, every single week,
and there will be lots of opportunities in the stock market going forward.
The stock market probably has existed longer than just about,
or it certainly has existed longer than everybody that's listening.
And it probably will last longer than all of us.
So, I mean, there's going to be plenty of opportunity.
There's no need to chase things, no need to make something happen, especially when the setup isn't there. So, I mean, honestly,
guys, just take a look back at your 2025, reflect on it. And I know I like to, I'm going to, I'm
going to give everybody a little bit of homework, try to find like two or three things that you
think you could do better. And two or three things that you think you did very well and that you
executed on and that you hope you can execute again next year. You know, we can all execute a little better. I don't care who you are. There's
always something better you could be doing. And again, some of us had amazing years. Some of us
had slightly less than amazing years. And again, if you are finishing red this year, you should
really think about it and figure out why are you finishing red? What did you do? And, you know,
analyze it and determine, you know, are you getting a? What did you do? And, you know, analyze it and determine,
you know, are you getting a little too speculative? Are you taking some bad setups, you know,
kind of clean things up. And, you know, I got to say, throughout my, wow, it's about five years
now trading. Every single January going into it, you know, I'm pretty much cleaning up and fixing
some bad habits, you know, whether it's, you know, not updating a silly watch list on the left side of your screen,
you know, or just things that you've been meaning to do for a while that you haven't gotten to.
Now's a good time to do that. And, you know, clean up your behaviors and your
patterns and your consistencies going into 2026. You know, it's a good year, just like Nick
Drundel was saying before, you don't want to put yourself in a hole to start the year.
You know, you want to start yourself off on the right foot.
And in my opinion, we all have room to grow and things that we can work on.
And I think that each and every one of us has one task at least that they've been putting off for a while
that would maybe slightly benefit them trading in some way or just simplify things or make things more efficient for them.
I challenge everybody to get something done this week
that will make their life more efficient going into 2026.
Some great thoughts there, StockSniper.
Interested to see which two picks you go with this week.
Last but not least, Sam Solid.
Round us out with anything that maybe hasn't been said yet.
I feel like a lot of us are saying the same thing up here, but it means we're all seeing the same things, Sam Solid, round us out with anything that maybe hasn't been said yet.
I feel like a lot of us are saying the same thing up here,
but it means we're all seeing the same things, which I think is worth listening to for sure there.
But Sam, what's your take on the markets here?
Well, I mean, I hope it's not too loud behind me,
because right now I'm on the greatest place on earth in Costco.
I'm debating if I should get myself a non-inflating hot dog or not.
I can either buy it for $1.50 now,
or there's a pretty good chance I can buy it for $1.50 next year.
But anyways, back to the markets.
I mean, I've already said my opinion a couple of times today.
If you guys haven't checked it out, I got the solid report.
I go live around 2, sorry, 245 PM
Eastern time, Monday to Thursday. I'm probably going to go live on Wednesday. I'm not really
sure yet, but more leaning than I'm probably going to go live on Wednesday and New Year's Eve.
But other than that, I don't know. There really is nothing happening here. I tried to take a
stab at a swing trade last week. If that didn't go as planned, I got out of break even. It's all
good. But like StockStyper said, you know, it's taking this time
last couple of weeks, just honing down my fees for certain
companies. My mainly, my most concentrated position,
of course, is Amazon. I've positioned Adobe, Zeta,
on Semiconductor, PATH, and
I think there's another position I can't really remember.
I haven't looked at it a little bit.
just wait until next year.
I mean, the way that I work is that
Right now, we have leverage
in just a couple of positions.
Usually more of a long-term thing than anything.
But if the markets break down,
which doesn't look like they are at all,
then I usually cut the leverage
and I just hold on to these shares and I wait for an opportunity and hedge. And that's really it.
And I have not gotten any warnings or scares to broker hold the 50-day moving average S&P 500.
Since then, obviously, we've recovered from that. So today, low volume pullback doesn't really mean
anything today. It's gonna relax, not try to make anything out of it. Haven't been any trades or anything
besides that one swing trade I did last week.
It really is not much to do.
I'm not a super short-term trader or anything.
So it really has not been for quite some time.
But yeah, I don't think there's really anything to say.
I'm not going to touch this silver trade.
I know it's gained a lot of traction over the weekend.
People are looking at the silver chart,
thinking it looks attractive, it's short, whatever.
It's like, all right, well, I mean, go for it.
But I just feel like people are trying to make something
We haven't got any confirmation yet.
If you look at the silver chart today,
couldn't even close below the 9 EMA.
Couldn't even close below the 21 to the 20.
The moving average, I don't really think
might be gapping up tomorrow.
The most probable scenario
going to break down today
And like Nick has mentioned, when a lot of people position for something to happen, it's very likely that it's been on silver right now. It's to short the hell out of this thing. And like Nick has mentioned,
when a lot of people position for something to happen,
it's very likely that it's not going to happen, right?
So NAIM, I've been keeping an eye on that one.
I use that as part of my tool belt
to tell whether it's time to put on some swing trades or not.
And that thing has been at 100, 195 last week.
So I'm going to wait till that thing drops lower
to find some opportunity to end these.
And really just going to sit on my hands for a little bit i mean it isn't it does not it does not seem like anything's gonna happen to this market if it's anything you're just throwing a
darn the wall and putting stress in your putting stress in your life that you just don't need right
now and yeah it's just the game i'm gonna play uh i don't know why ebay made that big move
basically within it obviously i have no idea why eBay made that big move. Basically, within it, obviously, I have no
idea why eBay made a big move today.
Maybe there's something beyond me. Maybe it was just a low-volume
Yeah, that's pretty much it.
They've had football rules.
They've had football rules.
Good finish on that right there.
What you've just said is the most
No one's going to get this movie reference the
old movie reference but that was a classic one right there a lot of people don't really get
billy madison people don't get it classic rules from sam solid right there all right let's go
around and get everyone's picks it's about 10 minutes here until the top of the hour um i do
have story trading who i see hanging out in the audience still listening in there were some really
great thoughts across the board here by the way guys, guys, and, and, and, you know,
words of wisdom, a lot of kind of words of caution and, you know, wait, be patient is what I took
away from a lot of what everyone said there. I'm not going to add any of my own thoughts because I
think I could pretty much just copy and paste everything that was said. I think that was
very well done by the crew up here. Uh, story trading, Ben picked B-U-L-L, and RDW, both on the long side.
I do have Gav Blacksburg, Wolf Financial himself.
His picks, G-S-I-T and K-O-I-D.
K-O-I-D is the Humanoid Robotics ETF from CraneShares.
And GSIT, GSI Technology is his other pick.
A couple interesting picks.
It's a semiconductor company there.
I'm not super familiar with that one.
Let's see, who do we want to go to?
Chris Patel didn't get reconnected.
Nick Drindle, go ahead and kick us off with the picks.
First one I will go with is CHYM, Chime Financial.
This put in its IPO low November 3rd and since built some higher lows.
Had a nice rally up from about $18 to $28.
And the last week or so continues to build out like higher lows again,
but on a shorter timeframe.
Little test of the 10-day today, bounced right at that area
and actually closed right at the high of the day.
So some nice rally of strength today.
And a nice overall flag building here.
So the trade for me would just be a breakthrough today's high, stop at today's low, that 10-day moving average, and see if you can get a little squeeze higher to start the year.
And then on the other side, I am going to go short silver.
So the vehicle that I would use for that is ZSL.
Friday had the highest volume ever by like a magnitude of volume.
Today had that large gap down in silver and it closed basically like towards the middle part of the range but i do
think that silver play is kind of done it's a little bit tricky for the competition because
i do think there's going to be kind of like a bounce back um in a lower high that gets put in
so getting actually positioned on that trade will be a little tricky, but I don't see this like squeezing any higher going into next week.
Now, if you can like pull back into the 10-day, the 20-day silver,
and then rebase for a couple weeks, yeah, maybe the squeeze is still on
and we get just an insane move back to 100.
But I think for a weekly competition,
this is probably put in the short-term top here.
I was curious if anybody was going to take a silver short ZSL.
Me and Sam Solid looked at that on stream earlier.
Today's volume is actually higher than Friday's.
This thing normally has like half a million volume.
It's just absolutely insane there.
All right, so just to confirm, Nick,
you're going C-H-Y-M and Z-S-L,
All right, appreciate you, Nick Drendel.
Looking forward to kicking off 2026 with you next week as well.
You better get back up here.
I feel like I literally do the same ones over and over.
I'm going to do the same.
did gap up today like it was,
I'm going to do Rivian Zeta.
I know financially it's not the best company,
but they have so many catalysts going forward
from now into 2026, into 2027, into 2028.
And the chart is honestly just set up perfectly
This came into the 9 90MA on the daily
So I'm going for a Rivian long
on that. I think there's a
RVNL, I think. Yeah, RVNL. RVNL. So I'll take RVNL.
Actually, does that even make sense?
Granite shares 2x long Rivian daily.
And then I'm going to also take Zeta.
Inside day, again, another top pick for one of my favorites for 2026.
A breakout over 21 could really set this thing higher.
May not happen this week, but it is coming very, very soon.
Alright, RVNL, Rivian2x Leverage, and
Zeta, Z-E-T-A, from the Bull Trade Finder.
Appreciate you, Knott. StockSniper, which two picks are you
Two picks. So yeah, I'm going to have to go ahead and pick Kratos, K-T-O-S. I feel like you had a
feeling I was going to say this one, but again, we've seen some momentum coming towards this.
I don't think there's going to be much tax loss harvesting on this name, considering the year that we've seen on this name.
So I'm going to go ahead and take Kratos.
And again, I could talk on and on about it for a while.
But again, there's an ongoing program right now about the Loyal Wingman program.
And the two main competitors is the Kratos XQ-58 Valkyrie.
And the second one is the Lockheed Martin Vectus.
These are both completely unmanned, powered by AI,
and they're both capable of flying with fifth generation fighter jets
like the F-35 and the F-22 Raptor.
And they're going to be capable of flying with six generations
like the F-47, which is Trump's big project.
But basically, that's what we're pretty much going to take
Actually, I'm going to change that over to KTUP, KTUP, because we're looking at a weekly
competition, and I might as well go ahead and take the 2X leveraged version of Kratos.
So I'm going to take KTUP as my first pick, and then I'm going to take ROBN, which is 2X
leveraged Robinhood. I have to say that Robinhood is one of my higher conviction picks going into
They're doing lots of events right now regarding specifically giveaways on
They've been doing them just about every single night at eight 30 set your
timers for eight 25 and be on that app at eight 30.
They gave away some Bitcoin,
some Dogecoin and some Ethereum, I believe.
But basically, I think that there's going to be people that are signing up for the gold
And if you were participating in all the giveaways, it would pay for that $5 monthly
So I am going to be interested to see Robinhood's gold subscribers coming out
in the next quarter and see if there is any impact
But I'm gonna go ahead and take ROBN and KTUP
as my two picks for this week.
That is 2x leveraged Kratos and 2x leveraged Robinhood.
Boom, StockSniper, KTUP, ROBN for the two picks
for the week, Appreciate you, sir.
Sam Solid, which two picks are you going with?
I was in the middle of putting condiments on my hot dog, dude.
I was in the middle of putting condiments on my non-inflated hot dog.
Are you going long Costco for the competition?
I'm going to do two times Costco.
I'm going to do two times Costco.
And that's not because I'm biased right now.
We need $1.50 hot dog, $1.50 soda.
But, you know, to be honest, I don't think anything's going to happen this week.
I think a lot of people are going to get chopped out.
Very difficult to say the timing on high-growth stocks.
So I'm not sure if I'm going to pick a high-growth stock. So I'm going to pick, I'm going to pick,
what was that? I'm going to pick YCL two times yen. The reason why is because if we do get that
pullback commodities, it's very unlikely a dollar is going to, holy crap, nevermind. No, no, no. Sorry. Short two times YCL.
If the dollar does rally,
dollar is one of the inverse pairs for a rallying dollar
So I feel like the odds are my side
that the yen does go down.
The yen usually does go down,
especially when commodities go down.
So I'm going to go with two times short YCL.
I'm also going to go with two times long Costco.
Now, if the market drops,
you know, I think Costco is probably going to drop too,
but it's somewhat sort of in safe haven.
So maybe that might be the case.
there's a two times Costco ETF.
I forget it's exactly what ticker is.
So COTG, not C-E-T-X, COTG.
I'm going to go with long COTG,
short two times yen, or short YCL.
He is two times long Costco hot dogs,
and he is two times short the yen.
All right, YCL short, C-O-T-G long from Sam Solid.
Jordan, that leaves you, and I'll throw mine in on top at the very end.
Jordan, which two picks do you have for us this week?
I want to do Google and AVGO,
but I'm trying to find a 2x leverage Google and a 2x leverage AVGO.
That's 2x leverage Google.
All right, we'll run that, and then I don't know if there is one for AVGO.
I'm going to take that one.
I'm going to take that one.
I'm going to take that one.
Shout out Leverage Shares.
And these are purely just because of Prospero,
and the charts look decent along with Prospero,
them being picked on Prospero for the short-term bull.
So I just have nothing else to go off of.
To be honest, I think this market's going to chop.
I don't want to do anything directional really there.
So we're just going to go with that and see if that works out.
So we got GGLL, GG No Re, 2X Leverage Google, and Broadcom, AVGG, 2X Leverage.
My two picks, I'm taking MSTZ and ShortCOIG.
Crypto, I don't think is ready to bounce just yet.
The bounce will come soon enough, but I'm looking at some of these stocks.
I think that maybe people are saying,
okay, I'm down a little bit on this. Maybe they get that tax last harvesting in before the end
of the year and then look to maybe buy back Coinbase after, once we get into January a little
bit. That's kind of what I'm looking at there. There's my two picks. I'm getting these tweeted
out right now. Boom, there it's sent. I will get that pinned up top in just a second. And a big shout out to the whole crew here.
Last stock pick show of the year here on Wolf Financial.
But don't go anywhere just yet.
Big shout out to the crew.
Make sure you follow all these great stock pickers.
But don't go anywhere just yet
because we've got a great conversation coming up here
I'm excited to learn more about these tokenized assets, real-world assets,
and a lot of these STOs and stuff that's going on, something that has been still doing pretty well
and has a big upside on some of the stuff that I've seen, everything I'm learning about. I'm
excited to have them join us here in just a moment. Let me get the title switched up here
as well. I'm going to send that co-host over to you guys.
I got Tropic coming up here as well.
And we're going to have a great conversation here with the Edna team.
Who do we have behind that Edna account today?
Yeah, my name is Wook Lee from Edna Capital.
There we are. Great to have you. How are you today?
Oh, great, great. Great to be here. Thanks for inviting.
Yeah, I'm excited to learn more about you guys, what you guys do, hear a little bit about your background as well, and all the things that are kind of going on in this market. I've got several questions already that come to mind
anytime I get to talk to some experts in the tokenization space.
It just seems like, I mean, that's where the world's going, right?
So excited to jump into that.
Do want to just say we are working here with Edna
to bring this information to you guys.
Make sure you do all of your due diligence.
It's not a recommendation to buy or trade any type of asset
or make any type of investment or purchase.
And with that out of the way, I am very, very interested to find out what is the story here, Wook.
When I see Edna, I see Edna Capital, I see the things that you guys are doing.
I looked through the page a little bit, but what is a quick introduction to what Edna Capital is?
Okay, it's good to be here.
I'm the CEO and founder of Edna.
Everyone is talking about tokenization, real estate, carbon credits, corporate shares.
But we're doing all of that.
But we are Indonesia approved our token, Egypt's government partnered with us, and
we just closed $100 million investment from GEM Group like two weeks ago.
But honestly, that's just starting point.
What Edna is looking at is something much bigger.
The world where investment has no borders, where genius in Africa can raise capital
from New York, Seoul, Dubai in just a few minutes, and where you don't sell your house when you need
money. You can sell like 10% of it, where anyone anywhere can invest in anything. So we're not just
looking at tokenization, we're looking at completely rewiring the financial
network, like open AI, open information.
We're opening capital to everyone.
So we're looking at open investment.
So when I think about that, I think about the lady down the street that maybe can't invest in real estate, that wants to be able to invest in something and can't do it.
And I think about the other side that you just mentioned as well, where you actually have more access to maybe liquidity and equity.
What problem are you guys solving over there at Edna?
Actually, so we're all to the tokenization,
but however, because the world is going crazy,
like look at AI three years ago,
nobody predicted this to happen.
The pace of change has gone beyond what humans can imagine.
Like information is already borderless
and currency is going borderless.
So what we see is the only thing left with borders is investment.
So that wall we are seeing is coming down.
So it's not a question of it.
So we're trying to solve that.
Like we see traditional finance is slow to complicate it.
So we see three to five years finance will look completely different. The question is,
who builds the infrastructure for that world? So we're not waiting. The EDENA is trying to build
it right now. Yeah, it seems like there's a lot of things being built.
It seems like this is where we're headed, the tokenization of real world assets.
What are some of the pieces that you guys have had to work through?
Because a lot of these things are licensed and you mentioned kind of like where you guys
But first question I want to ask is what kind of like license requirements and where's the safety
side of things come from? Because I think maybe some of the barriers that people have is like,
yeah, they're tokenizing everything, but they maybe have looked at, you know, some of the
side crypto projects when it was still in its infancy back in the past and said, okay, there's
maybe some shady stuff going on here, but we've seen that evolve as well. And it seems like you
guys are in the forefront of looking at this, making sure that you have the right infrastructure, license and stuff.
What is the trust factor there for you guys?
Actually, license is like a standard.
So we're not just talking.
We are the doers of this market.
We're the doers of this market.
So Indonesia financial regulator approved our token,
and Egypt's government and formal prime minister chose us as their exclusive partner.
We closed that deal in like 59 hours.
And recently, Gem Group, 3.4 billion investment firm,
with 30-year track record, just put $100 million behind us.
So most companies in this space fight regulators or avoid them.
But our priority is we sit down with the governments first,
and that's why they trust us.
Vision without execution, we think it's just a dream.
So we're leading currently in Asia.
And in 2026, we're saying we will prove it globally.
So important to build that trust factor.
I really think you guys are doing it the right way there.
Why Indonesia and Egypt instead of maybe Singapore or Hong Kong, where I've seen some of these other projects?
Singapore and Hong Kong are great, very established and liquidity market. projects. Yeah, good question.
Singapore and Hong Kong are great, very established and liquidity market.
But here's what we think about it, Indonesia and Egypt.
The world is becoming one.
Financial borders are dissolving faster than anyone expected.
In five years, it won't matter where you are.
The capital will flow to opportunity, not geography.
So the real question is, who builds the infrastructure before that happens?
Indonesia has 700 million people in ASEAN.
Egypt, MENA, and Africa region together, 1.5 billion people together.
And together, that's like 30% of the world.
We're not chasing today's liquidity.
We're building tomorrow's infrastructure.
The countries that move fast will capture the capital.
So Indonesia and Egypt understood that, and that's why they chose us.
Yeah, you basically hit on another question I was going to ask there.
You mentioned the Egypt government, which very stringent, very thorough in their approval processes there.
Was there a certain aspect that you presented to them?
You mentioned how quick it was.
Was there something that Egypt said,
hey, we want to partner with you guys?
Actually, because we're not new to this,
like for my personal background,
I've been working with government since 2012.
And my foundation became an official UNFCCC partner.
And then after that, we did carbon credits, now digital securities.
That's like over a decade of building trust with regulators.
So most companies approach governments very cold, but we show up with a track record,
and our model is based on real assets, real estate, infrastructure, tangible value that fits with Sharia compliant principles, which national level project, full due diligence.
So they just moved fast after finding the right partner.
Yeah, it makes perfect sense.
I hear that and I think, well, it's a short period of time.
But at the same time, it's very, I guess, organized as you come into it with your experience.
You mentioned 2012 that you've been doing this for quite some time.
How long has Edna Capital been around?
What was the founding look like back there?
Actually, like all of my journey have been continued from 2012.
So I mentioned about our foundation.
We worked in the climate change space. And
after that, at 2018, I made a carbon credit company, which is called Hushi Partners in
Korea, which now leading the carbon credit market in Korea. And so this old, when we
started carbon credit, and Korea government started carbon credit policy since 2015,
our company was the first company in Korea to sell future carbon credit to Hyundai.
Carbon credit actually comes out annually, but however, we negotiated with Hyundai to
buy the future eight years. We concentrated on the public transportation,
especially conversion to electric cars.
So all of those gave us the idea to make the carbon credit to future value.
And that started our point for concentrating STO.
And three years ago, we made ourselves to start the STO, the digital securities.
Yeah, I love the backstory.
I love when there's founders involved.
We're speaking here, obviously, with Wook Lee behind that Edna account, the founder and CEO over there at Edna Capital.
Wilk, I want to follow up with that.
You mentioned an investment earlier from, was it $100 million from GEM?
Well Insider was posting this a couple weeks back, maybe.
It was run, obviously, by Calci.
They're really big in the space as far as getting news out for everyone.
This seems like pretty big news. What went on with the $100 million investment and what are the plans for that?
Actually, $100 million can seem small or large, but however, it means validation and acceleration for us.
We were already moving our actions, Indonesia approved, Egypt signed.
But I see in this global race, speed is the winning part.
And also GEM's global network helps us move faster.
And here's what really matters.
They didn't just invest in tokenization company, they invested in our vision.
So opening the investment,
removing borders from the capital,
and this all made us to make the acceleration in both markets,
Indonesia and Egypt together.
So JAMI is the first trigger.
And once the first one came in,
we believe very soon the rest will follow and we are already in the negotiation with the follow-ups.
Beautiful. Congrats on that one. Once you get that first one, a lot of times that's when
everyone comes knocking on that door. So excited for that. Can you expand a little bit more about the opportunity here,
what your roadmap looks like for you guys,
and if people are interested, how they can get involved?
Yeah, people love numbers.
So like this tokenization market,
16 trillion tokenization market by 2030,
which BlackRock, BCG, McKinsey, they all say it.
With our coverage, Indonesia, Egypt, ASEAN, MENA, Africa, if we capture 1%, that's $160 billion through our infrastructure. But honestly, we see as just the milestones, not the goal.
I see the real opportunity isn't a number. It's building the infrastructure that But honestly, we see as just the milestones, not the goal.
I see the real opportunity is in the number.
It's building the infrastructure that global finance runs on.
That's not like $16 trillion.
That's the foundation of how the world invests
That's what we are building.
And your question was like,
how people should get involved right now?
Yes, I wanted to ask, you know,
like I'm hearing this, it's very interesting to me.
I know we have a lot of other people in the audience
that are possibly interested as well.
If people want to, I mean, first off,
I would say the ednacapital.com,
a great launch point to go in
and do some research themselves.
But I want to hear it from you. If people want to get involved, what's the best way,
if they want to get in early on this, if they want to follow along with your story,
what's the best way they can do that?
Actually, to share our short roadmap, we're preparing our STO exchange launch preparation in 2026,
which Indonesia and Egypt are moving together.
And second, for our token, the tier one exchange listing from January through Q1.
And mostly what we are focusing is aggressive global expansion, more government partnership.
We have already several governments reaching out to us and more institutional partners
And by 2027, we are preparing for an IPO.
But these are the milestones just we are thinking at.
But however, we see that right now,
the rules of this whole financial structure
In every major shift, like we see a small window
and early movers set the standard.
So everyone else follows.
AI at that moment, we see finance is having it now.
Like governments are choosing their infrastructure partners
and winners are being decided right now.
We're already looking at the end of the year,
but it's actually very fast.
So we're not watching from the side.
We're at the table writing the rules.
That's why the Wall Street invested
and that's why government choose us.
That's why I have to be paying attention.
Great answer there, Wook.
I've got plenty of other questions that I can ask here,
but I do have Tropic up here on stage with me.
Tropic is a lot more versed in especially some of the tokenomics side of things
and some of the other things.
I'm sure he's got questions. But before I say anything else or ask anything else, I'm
definitely going to bring him in, see if he has any questions about the token itself, the tokenomics
around that piece, and of course, any other questions that may pop up. So, Traffic, let me turn
over the mic to you. Hey, how's it going? Great question so far. And yeah, I'll just ask directly,
Hey, how's it going? Great question so far. And yeah, I'll just ask directly, just go straight to the core of it. And the token that you guys have, what is the purpose of the token itself? What utility or what use case is this governance token? What's the deal with token?
Yeah, good question. So we have all the governance utility, but our main priority is the usage of payment method in our SQ exchange that we are building.
So all the SQ products will be invested through our EDENA token, and that's the most priority use of it.
And as you see, like cross-border transaction and everything is very in the barriers of the traditional finance.
But however, through the eDANA, we are trying to make it very easy for the worldwide users to invest in STO products.
So wherever they are, the STO exchanges that we will be preparing to launch in Indonesia and Egypt.
Definitely have to go through the KYC and AML,
but however, they can just easily invest through using the EDENA.
So that's why we're going for the major tier one exchanges listing
to be very easily approachable to our token.
Is the token itself, is this going to be on another chain or is this your own chain that
you're building? Everything is going to be proprietary? Actually, the EDENA token is on the ERC20, and we're looking at a bridge of several other mainnet as well.
But token itself, we're not currently
in this stage thinking about our own chain.
But however, at the STU exchange itself,
definitely we're using the closed network, which
is called Hyperledger BESU, most of the Korean STU platform that we're looking at.
So we're linking to CrossBridge to link up the payment.
Okay, so that's going to be very interesting. So you're going to have a multi-chain token, and the main purpose of this token is for the payments of using whatever services and utility that's actually on the platform. Is that correct?
at the joint venture partner called BK Group.
They are preparing one of the examples.
They brought up with $250 million worth of already constructed real estate complex.
So if the financial institutions or the people in the members of our STU exchange
in our, the members of our STU exchange want to invest in those product, they have to buy
want to invest in those products,
then a token from the market to invest in $250 million worth of real estate, STU product.
So just clarity for everyone on the audience and so forth, and you know, if I'm on the
same page, then everyone else that's listening will be as well. The only way to buy any of the assets or buy into any of the tokens and assets
that are on the exchange will be through holding this token. So there's no USDC, there's no fiat
ramp or anything of that nature. Yeah, through our platform, we uh using that the payment method as adena but however there will
be the automatic goal um the the exchange happening so people when they deposit fiat or
the usdt usdc the there will be automatically exchanged to even a token and they will be
using the then a token through our STO exchange platform.
Got you. So as someone who is fairly crypto native, that makes sense to me using other
tokens and so forth. So would you say that your target audience, your marketing is really going
towards people who are crypto natives as opposed to
someone who's coming over from the Trad5 rails who's used to using a broker just as Robinhood
and so forth. Is that the target that you're going after?
Actually, we're not straightforward to crypto only the audience. We are looking at the
traditional finance users as well
who are friendly to the stock market.
So we see STO as traditional finance using the blockchain.
So we're looking at all the major market audience,
It does make sense considering that's the larger audience, you know, the total addressable
audience for TradFi is way bigger than crypto on that regards. But in relation to this, so someone
who might be listening thinking, okay, you guys are getting ready to do an IPO and so forth.
At the same time, there's going to be a token on the exchanges and so forth.
At the same time, there's going to be a token on the exchanges and so forth.
Why would someone choose to purchase the token as opposed to waiting for the IPO and buying the stocks?
Actually, that's like, yeah, two different dimensions.
The IPO definitely our company is going for,
and then the token is already out.
So it's on approximately eight exchanges already,
and then we're putting on the major Tier 1 exchanges by next Q1 of 2026. But however, this token itself is the main usage of the payment method of our STO products.
And as you can see, the token is mostly locked.
And then when these STO exchanges are opening, I think the Indonesia one will be the first one,
and then the Egypt following.
And then when this S2 products that we'll be listing, like the real estate or company shares
and also carbon credits. And yeah, definitely there will be a lot of usage and then the liquidity will expand, explore, explosive.
And then, yeah, so that's why there's two different dimensions.
And before I pass it back to Em to see if he has any other questions,
directly related to that, so you said Egypt and Indonesia,
and I understand those are the two first markets that you're going to. But one of the advantages that I do see and benefits that really attracts
me personally to tokenization is someone who has been in other countries and so forth knows how
difficult it is for international investors or anyone with capital to actually get access to
something to invest into. So that is why a lot of the times
they go into Bitcoin or Ethereum, whatever it might be, some crypto token, as opposed to going
after companies or traditional investment opportunities. So I was just wondering,
are you going to be geo-restricted just to those two partnership countries, Egypt and Indonesia at launch? Or is it that the
assets are coming from those regions, but then the users could be global? So where are the users
coming from when you do do this launch? Is it just those two countries? No, actually, there's two
countries that we're starting, but as you mentioned, STO itself, the license and everything
is very complicated. But however, what we see is the goal is simple. We see beyond the STO and RWA.
So people are looking at just STORWA license market and everything.
But what ourselves, Ithena, is looking beyond that,
those are just milestones.
And I just want to make the world where a great founder doesn't have to be born in Silicon Valley to get funded,
where a very smart person in India, Africa, Indonesia,
anywhere can access to global capital,
like where borders don't decide who gets to invest or who gets to invest.
And that world is coming fast.
And no one has predicted this speed of the technology development.
So no one can predict next year or two years from now on.
than anyone thinks. And question is, who builds that infrastructure for it? And we think that's us.
That's what EDENA is doing. If that sounds crazy, it's very good. The crazy ones we think are the
ones who changed the world, like open AI, open intelligence. We're opening the investment.
So we're looking at the partners who can join us, building this together.
It's pretty fast moving the financial sector.
It definitely is a lofty goal, and I really appreciate it.
Tokenization is not the most hyped, talked about topic, but I do think it's one of the most practical use cases.
And it does definitely have a massive total addressable market, and I think it's going to be really huge.
I think, though, the disconnect in understanding from a traditional investment standpoint, there's a huge learning curve, right? I personally think
someone who is familiar with the blockchain side of things, and then looking at this,
and then looking at why this benefits TradFi is a lot easier than coming the other way around.
However, like you said, going for TradFi investors, TradFi users, and so forth,
does make more sense just simply because
there's a lot more capital, a lot more people on that side of the thing. But when it comes to just
the education, and I know I said that was my last question before, but this is my last question
before I pass the mic. When it comes to bridging this gap so that way there isn't such a disconnect,
what are you guys doing to do that? Because I think, I see the value here and why tokenization is so important.
And it definitely is going to be a $16 trillion market by 2030.
I think that might be even underestimating it, to be honest.
But just to say that, you know, it's harder for people right now that have capital, they're ready to deploy capital, and to really make that leap into this world because there's just a disconnect and understand what it is.
And then on the other side, you have all the blockchain guys who might not understand investing, might not understand companies, might not understand the assets that are being tokenized.
But at the same time, too, they're just willing to ape into anything.
So there's a huge disconnect between these two worlds.
So the collaboration is like the answer to that 100%. So we're not like,
we are positioning ourselves as a bridge. So for the traditional finance, we're not here to fight
banks or financial institutions, because we are here to take them places they can go along. And
also that includes a blockchain field as well. So think
about it. Like if you are a bank in New York and your client wants to invest in Indonesian real
estate or African infrastructure, how do they do today in further traditional finance?
It's really, there's a lot of barriers and And we're building those rails.
blockchain people can use us,
like all the financial industry.
So we're not competition. We're the bridge to the next era.
So we're not making this competition on the same pie.
We're making this pie bigger together
traditional finance and the blockchain.
So everyone can win together.
So we're in the middle part
Makes sense. Complimentary
to Wall Street and TradFi
as opposed to going against it and trying to bring the whole
system down. And I think that is the right approach.
So yeah, Jordan, either of you guys, I'll pass it system down. And I think that is the right approach. So yeah,
Well, that was kind of the,
you were hitting on kind of my next question that was coming in.
And I think you guys hit it pretty well there because it sounds more of
like we want to collaborate.
we want the future to be for everyone here and it doesn't have to be
TradFi versus DeFi, which we saw a lot of in the past.
And what I've kind of learned over this last year going into 2026, it seems like we're closer than ever to having that gap kind of bridged between TradFi and DeFi.
Is that how you would describe it?
Is that how you would describe it?
Wook, would you say, hey, we're looking at this is actually a bridge for everyone.
Tradify and DeFi, we're all the same looking for the same opportunities.
So like what we can see, so Idena is looking at the bridge there.
But however, as all the world, when we see, especially like, for example,
Korea, most of Korea is like one of the countries who mostly are using AI right now. And speed of AI
development is so fast that even the government or the technology people, financial industry,
it's very hard to follow up. But however, this AI and everything,
new technology is changing everything. And that includes the financial sector. But traditional
finance, are they tracking the speed and matching the speed? I don't think so. So that's why the
bridge is needed as a collaboration to make this happen. But without this following up,
there can be this conclusion of so speedy technology development in AI and everything
can change the world that we cannot expect.
So as our company, we're trying to make the adaptation in the middle as a bridge to make this happen very naturally and with the safety.
Yeah, it makes perfect sense.
I have another question that I want to ask.
I just changed gears here a little bit.
What all will be available?
When I think of real world assets, my brain, I come from a real estate background.
So my brain instantly kind of goes to real estate.
I also have seen it around not just gold, but gold mining and the lands around gold
mining and gold mines themselves.
What all are you looking to have available for people to invest in as far as real estate?
Is there going to be other things like commodities or is there going to be any,
you know, maybe partial shares of companies, private companies, anything like that?
Some people can see like SQRW as a like alternative investment.
But however, when it goes to the bottom of this endpoint,
we see as just a second stock exchange itself.
So definitely, it includes all the products.
That's why the existing stock exchange or government
is very sensitive of making this approval and everything.
But this is like a second, honestly, a second stock exchange.
So we definitely are looking at the inclusion of the corporate share,
the real estate and share model, and also carbon credits and everything.
So it's not like the new concept,
but it's the second stock exchange using the blockchain technology.
So that's what we're going.
We will be including most of the product similar to the stock exchange.
Yeah, that makes perfect sense being the exchange.
So you're going to allow people to list essentially on your platform as well.
What does the listing process look like?
Obviously, you guys work with the government. You get all the regulations, compliance,
all that great stuff in place. If somebody is wanting to list with you guys,
is there an approval process there? I guess obviously you guys are going to do strict
kind of investigatory work on who lists on your platform a little bit to know who's on there to
maybe protect the consumer a little bit. But tell me a little bit
about the listing and then I'll go over to Tropic's question next.
Definitely currently in our through our just milestone everything is similar.
So auditing and everything the process same so when application comes, we review the product and then we see we have to check the
asset is real with the auditing firm and everything. So that's pretty same currently.
But however, as we mentioned, what we're seeing is beyond that. So why we're trying to make this technology revolution. So person want to get the investment from the worldwide,
it happens in like several minutes.
So even the assets they want to sell,
like real estate, they don't have to sell it whole if they need money.
They just can just cut the 10% share of their real estate and sell it.
That's what we all are seeing beyond the STO and RWA.
And that's the world that we are trying to make beyond the STO and RWA target.
Yeah, that makes perfect sense. And I'm also assuming 24-7 market. Is this pretty much available anytime?
Yes, 24 and 7 days market. Definitely.
Okay, perfect. Yeah, sorry. I snuck in one more question there before I go over to Tropic's hand that went up there. Tropic?
Oh, good. No problem. And so directly related to the last point that you had said as being another exchange and options are going to be out there as far as which exchange or which market, if you will, it's going to be on. Does
that mean a company or an asset issuer then has to, let's say, choose, are they listing with you?
Are they listing with the NASDAQ, the NYSE, or whatever it is?
Or is there an opportunity for even a publicly traded company
that's already listed on one of the legacy exchanges
to also tokenize and have stocks issued on your platform at the same time?
Yeah, definitely possible. So when they divide the shares, the divided share can be listed in our
market. Not only they have to just list in the exclusive, just only one, they can list in several
ones. So definitely that can be possible. Even the company share and the real estate and everything.
It's dependent on which asset and which asset will you be putting into the trust.
Okay, so since these assets can be multi-exchange,
These assets can be like multi-exchange, listed in multiple places and so forth.
listed in multiple places and so forth,
When it comes to making the decision as to where they're going to list, it's not really necessarily the main focus is where should we list?
Should we list over there too as well?
Is that what you're saying?
So it's dependent on the liquidity size. So that's why we go to like NASDAQ or
London exchange or Hong Kong, right? So that's why the speed is very important. And we were
already moving, but this space, the speed is a winner. So, and recently we have the investment from Jam Group and that made us to move much faster.
And that's why we are trying to go much faster because fast means you're bringing liquidity first.
And liquidity, when you possess the liquidity, that exchange becomes stronger.
So this might be the chicken or the egg question first.
When it comes to the way you're looking at this,
are you mostly trying to get the issuers onto the exchange or trying to get
Because it's like, which way do you look at this first?
Because if you have a whole bunch of people ready to deploy capital,
but there's nothing to deploy it into, then that's a problem.
At the same time, too, if you don't have users, it's a little bit harder to convince
a company or an asset owner to then tokenize and come onto the exchange. So how are you balancing
that? I know that's kind of a loaded question, but it's a complicated question in the sense that
how do you make sure that the investors are coming with investable assets already there, but at the same time convincing these companies to then take the time to learn how to tokenize and come onto the exchange if immediately they're not seeing impact what they're trying to do?
Yeah, definitely. So that's why we are already did and already going through the partnership with the financial institution, security firms and investing firms. So not only just individual, we're looking at the major financial institution as partners, and they are bringing the liquidity together. So that's how it works.
We are working as a bridge.
So left-hand, we have the issuers, sellers.
But however, we check the auditing perfectly
to secure the investment from the right side
from the worldwide investors and financial institutions.
So left and right, all are important.
So we are already going through a lot of partnership.
But however, to make this ecosystem bigger,
that's why we're looking at more and more partnerships.
And last question related to that and the partnerships with with the various
uh existing exchanges do do you is there a world in which you can reach out to some of these big
exchanges already that are there whether it's toronto london nyse nasdaq whatever it is and
say hey you guys have all these assets and we already have the infrastructure to do this rather than you doing your own thing, launching your own platform altogether,
just to test the waters with us and we can basically help you service it.
The way I kind of look at this, and I don't know if I'm asking this question correctly,
but it's like, for example, like a cloud service.
I remember back in the day, everyone was thinking, why in the world would anyone want Amazon or Google to host their software in the cloud when they could put up their own servers?
And using that sort of approach, but for finance to say, hey, yes, you could go build out your own infrastructure or you can just work with us and we'll just be the infrastructure provider.
Is that sort of the play that you're going for?
Sort of like the cloud of finance, if you will,
but it just happens to be tokenization?
Or am I misunderstanding that?
You're seeing it as it's right.
So we're not trying to make the competition of the pie.
And the world we're seeing,
the AI is already merging the whole worldwide
countries. Countries are becoming very small and small. So we're not trying to chase today's
liquidity itself. We're building tomorrow's infrastructure together. And it's all about
cooperation together to make this ecosystem together and definitely finance will be merged worldwide
together as the technology develops that's what we're seeing so yeah we definitely need the
cooperation together pretty cool there and yeah i definitely passed the mic there and i like to say
it's not d5 versus tried fi it's just finance and you know where it goes it's not DeFi versus TradFi. It's just finance. Where it goes, I remember everyone was talking about online brokers back in the day.
When I was in high school and stuff, everyone was just differentiating. Now it's just brokers.
It's the evolution of anything.
In general, yes, there's different layers of tech being introduced and so forth, but at the end of the day, everyone just looks at it as just an extension of the internet, extension of finance, extension of whatever it is.
And there are those layers, if you will, that we like to use, especially on spaces to try to break
things apart, kind of does erode over time. And I do see that as the direction in which we're going.
So that's really interesting. I do appreciate the fact that how you're looking at this rather than
trying to, you know, take the pie for yourself, because I think that is a battle not worth fighting. However, trying to extend the pie and help those that are in the space is definitely something that I understand and see value in. So I do appreciate the way you answered that question.
I do appreciate the way you answered that question.
Great back and forth there, Tropic.
Wook Lee, CEO and founder over at Edina Capital.
I want to circle back one last time, just the roadmap here, the timeline.
The last few years kind of getting this thing going, you're building the foundation.
You've talked about that.
You've got some of the regulations in place what's what's the general roadmap you seem like
you guys are are all in on building out the infrastructure piece uh when does the execution
start to come into place and when are you looking at trying to get live
uh we were yeah so we were the the roadmap we were thinking is where the main priority is our STU exchange to launch.
And we are targeting 2026 quarter one or quarter two to launch the STU exchange.
And definitely a lot of global partnership, global expansion, more government partnership.
And yeah, definitely doing that.
And what we are seeing is that this is just an ordinary roadmap.
But however, the speed is so fast that even the space, anyone can imagine.
So like the speed of the, even the governments, they can be very sensitive.
But when it comes to like for Egypt, for example, I was quite surprised they made a decision
in just 59 hours and more and more speed in next year will be different than we can imagine. The speed can be very fast with the opening
of the major size of the STU exchange and everything.
So yeah, we're seeing a world becoming more
fastly changing and changing, and we'll be adapting to that.
So yeah, that's our overall roadmap.
But however, we are trying to adapt the speed of the acceleration of the world.
It really does feel like an arms race right now in the tokenization world.
You guys seem to be putting yourself in the right position to be very successful.
I'm very excited to follow along.
Wook, as we close out here before I end the space and end the conversation here,
one, I just want to say thank you for coming on and putting this on our radar for sure.
I know the audience really appreciates this and having things put on their radar.
Is there anything in the course of this conversation that maybe we didn't touch on or cover
that you want to make sure that we mentioned today?
So like the world that we're seeing, even the lifestyle and everything will be changed
in the next two to three years.
And if you see what we're seeing, it's very good to join us, build this ecosystem together. And as I mentioned earlier,
the partnership and building this together through the partnership makes this change faster.
So yeah, that's the end of it.
Well, look, once again, I want to thank you for coming on.
If people want to follow along with the story here,
is the best way to stay in touch,
maybe to follow that account up here you see co-hosting with me on stage
what's the best ways to make sure they stay in touch with all the news?
This X, our account is the, yeah, very easy way to approach us.
And also the Adenacapital.com or just can Google
you can just type Adena in Google
There it is. All right. I've
noticed actually a lot of people just during this
space, very interested going in, giving you guys
a follow. I've seen your follower account even just during the course of this last 45 minutes to an hour starting to go up here.
I'm excited to follow along.
I appreciate you once again.
Wilk Lee, CEO and founder over there at Edna Capital, coming on, giving us a really exciting opportunity here
and telling us about how they're building the infrastructure for tokenization, STOs, RWAs, all that great stuff, the future of investing. The future,
it's basically here. Guys, if you haven't done your research on it, definitely jump in,
start digging into it. I want to thank Tropic for being up here on the panel with me. Jordan's
still hanging out with us here on this Monday evening. The entire space was recorded. So the stock picks
space that we had for the hour in front of this conversation, all that's recorded, great market
thoughts and stock picks for the week. And then the last 45 to 50 minutes or so, really great
introduction to Edna Capital and Wookley and his team over there. So excited to follow along.
Appreciate everyone tuning in today. That's the end of a great Monday here at Wolf Financial on spaces, on live streams. We're all
over the place. You can see our full schedule in the pinned tweet right there on the Wolf Financial
main page. Check out all the different things that we're doing from our Bitcoin channel to
our crypto channel. You might hear Tropic's voice a little bit more over there. Just go check in on
Wolf Trading, and you hear my voice all the time, live streams, all the great stuff that we're doing
all right there. You see the full schedule. There's stuff that we can't even fit on the
schedule right now. We're going to have to figure that out too. But we really appreciate all the
audience hanging out with us till this, what is it, seven, almost seven o'clock Eastern time here
for a lot of you guys. So appreciate you tuning in.
The recording is available as soon as I close down this space.
And we will see you guys tomorrow morning, bright and early.
We have the Wolf Europe show, the new show that started the last couple weeks with Eva going bright and early in the morning.
Set your reminders for that.
And we'll see you guys then.
Take care, everyone. Thank you.