What's going on guys? We are back with a very, very, very special episode of the After Hours podcast. I have probably gotten 3,000 DMs requesting Austin join us, so we are very excited to have him on, so Austin, thanks for coming on. For sure, I can't believe you were even talking to me. I know, I feel like we hear enough of you, Jesus. But no, we're very excited to have you. And we traditionally, we kind of always start this off the same, but how did you, you know, come to start trading, and how did you find MIC from that?  I think it was called Teen Biz or some BS. I don't know if anyone else did that in their high school, but anyway, there was this competition, and, and I didn't get into it as much as I wanted to. But one of my classmates said he got really into it, and like, and I was really kind of jealous because I was like, man, that's kind of, I wish I would have done that and it's over now. And then so, you know, I went to college and I was like, you know, I do want to take finance, I knew I wanted to go to school for finance.  And so I was like, well, I want to do stock market equity research. And that's really how I got into it.  I saw a couple people with thinkorswim charts. And that's it. I was hooked. I was like, what program is that? I downloaded it. Ichimoku cloud. And you went through the whole I didn't even, I didn't even know you grew up in Hawaii. For some reason, I always thought you moved there from somewhere else. Oh, no. No, I'm, I'm a Hawaii boy just like that's where I, I mean, this is home. I can't live anywhere else. I'll tell you what, if I was a, if I was a trader, I would not move here. We're not here. The tax is the same. But no, I can't. Yes.  Like I could never do what you do. Like, no way.  I got to wake up to trade today. It's like, I got to wake up and see the market. Like, it becomes such an addiction. Like you guys know, like, it doesn't matter where you live. Like if you want to trade, like you're going to be like, and that's, I don't know, that's how it is. It's just, it's just, it's just a way of life. It's just like, well, I have to eat today. Yeah, yeah, thanks. I think like, trading really. Oh, sorry. I think like, as far as when you kind of were getting started and those kind of like early growing phases. Like, was there any like education out there? Because I mean, this is long before I might see you. This is long before everything else. So like, were you in like an early kind of like education thing early on? Oh yeah, I was in Sykes' room. Sykes was the first person I found. Yeah. And so you kind of get into that. Like everyone else. How did, how did that kind of work out? And just like, I guess like, how'd you end up kind of getting to where you are now? You know, progression? So the interesting thing is I was actually like, I was in Sykes' room and, you know, like he had the three different payment plans. I only chose the monthly one just because I was like, you know, and everything in there is like, don't follow my alerts. Don't follow my alerts. And, and I actually did it. Like I did it. And I was like, no, I'm not going to follow. And then I really started to learn like, oh, every time, like there was an alert, it would tank. And so like, that's kind of how I was in there. But the interesting part was, like the, my classmate from high school, who I know his initials. And I saw, I saw his name, his username in that room.  That, and I didn't like him actually. But I saw him in there. I was like, dude, this is the place to be. And so that's how I really got started. And, and really like, I remember even Grittani was there too. And there was one thing that Grittani said that really struck, struck to me. And I actually emulated this, I copied him on this. He said that when he started trading, he, for three months, he didn't do anything. But about what market to close didn't, didn't trade a thing, right? Market to close for three months, didn't touch the keyboard, didn't, you know, he had an account. And that's, and I actually kind of, I did that for three months, I didn't do anything. And then for the next three months, I only placed 200 chair trades, which, and that was my first six months. That's how I started. And so like, with those like, with those 200, I think me and James were just going to ask the same question you're about to go ahead. Yeah, yeah, go ahead. Chair trades. Was it more like long the breakout? Was it like more OTC style trades? Was it kind of, do you remember what you were kind of doing? Yeah, I actually started off as a shorter. I started off as a shorter, which I think like you, Harry, I started off as a shorter and and it's because I grew up in the era of like, oh, short, short, short pump and dumps, and it made sense to me. And that coupled with the fact that I had just watched alerts get destroyed. And Sykes wasn't the only one. I saw a couple other, you know, I started getting alive on Twitter. I saw other pumps and stuff. And you guys got to remember for those watching this, it was a different time. We're seeing stocks with 50 million shares of volume. At the time, a 10 million share all day, that was high volume. Here was this, Austin? How long ago was this? 2015? 2015. Wow. Dude, 10 million shares was, that was, that was a good day. That was a good day. That was high volume. That was high volume from open to close. 40 million was like really high. You only saw that once in a blue moon. And so it was a lot more, it was a lot simpler. Like it felt like price action at that time, shorting was a lot clearer in the sense to where once you saw like a high of day break, you saw an exhaustion counter to say, okay, that's where longs just bought, got trapped, you're short. And he would all day fade from there. And it was just an amazing time to be a short seller.  And, you know, we've seen that over and over and over again. And I didn't know at the time. And like, I had this amazing run. And then, I mean, I gave it all back. I gave it all back. Like I gave my first year, I was actually, you were, you were profitable. Profitable right away. Were you profitable with those two entries? Oh, that's cool. Yeah. Well, yeah, first six months, I was profitable after my first year. And then the second year, I gave it all back. Yeah, all back. Yeah. And so I guess that kind of mental battle of like, give me it all back. Like, did you ever think about quitting or you were just like, no, I'm going to, I'm going to make this work. I'm going to keep trying. I'm going to like do what I can. I'm going to, you know, that type of mindset. At that point, I was not ready to quit. I was like, no way. Like, because I tasted it. And like, I got addicted to like what it felt like to win. And I was like, I know it could be possible. And once I knew that it could be possible, I wasn't really to give up just like, I didn't have any thoughts of quitting yet until I got, got after, after that year of losing that I did, after a year of losing, I came back, like around 2017 and 2017 was like the roughest year for me, but also the best year. It was kind of like where I hit my bottom. 2017, I can't like late 2017 is where like, I hit that desperation where I was just like, dude, like, I mean, like, I'm tasting it like, but I'm in the depths and like, I've given it all back. And like, it's already been two or three years. Should I, should I just like, what's wrong? Should I just give up? And that's when I started to feel, but you know, deep inside, I knew I wouldn't give up. Because of course, you know, like in the back of my mind, I was like, well, it took Nico seven years, right? It took Nico seven years. And I'm sticking with it.   And then you get like, you get in this losing streak, and you're just, and, and, and, and it's hard to just like, take that off your shoulder. Like it's just, it's hard to keep, especially at one in the morning. It's hard to just do it. But like at no point ever did I ever think about not waking up. Like I was always, I was always going to wake up. That's amazing. Because again, like waking up that early, like we all know the drive and like the addiction feeling, but waking up that early and like taking a mental beating like clearly made you the trader you are now.  Like were you doing the things that we kind of teach against now? Or was it just lack of understanding of setups at that point? Well, it was both. It was both. Like one, I was an emotional wreck at the time, just because, because I knew it could be possible. And I knew, and I knew that something was getting in my way, and I didn't know that I was getting in my way. I didn't know that it was my stubbornness, that it was my despair.  The worst part is when, and you know that you can be a green trader, but you're not doing it for some reason, the worst part is missing a trade. For me, that's the worst thing ever is when you miss a trade. We miss a trade.  And then you take your next trade and it's and it's a red trade. This is the cycle that I fell in.  Right.  Like you miss a trade, it doesn't matter. Pretend that didn't happen tomorrow is a new day. You know, the next trade is new. Everything from everything from one second ago is new. And that's, and that's like, that's where I found my, my rhythm. That's when things just started to, because I didn't care if I lost yesterday, as long as I, like, like we preach, as long as I kept my risk under control, nothing that happened yesterday mattered yesterday before. And so that that's why I sound like a broken record when I say that all the time in chat and just like next. As far as the, as far as like, so you're, you know, you're in kind of like 2017, and you hit kind of that rock bottom. And you're, I, I know what that feels like of that kind of like desperation of just, and you're almost saying to yourself, something has to change.  And you almost need to form a mold of like a new person. And how did you kind of go about that kind of change? How'd you kind of like make yourself into the person you are now? Was it that you were just finally just selling into resistance or was it that you were just shorting into resistance or that you weren't chasing anymore? Like what kind of steps did you take to build yourself into kind of the trader you are now, you know? Yeah. So that's when I really embraced the one key rule that I, that I said my very first day in MIC, which I realized I didn't get the game question about how I found MIC. But we'll get to that. We'll get into that. Okay. Yeah, we're still in 2017. But yeah, so that's when I really figured out that golden secret, dude, because at the time I was still all shorting. I like, I had never placed a long trade up until then. And so that's when I found out that like, I need to nail and bail because, like, because that's when I, that's what I had struggled with all of 20, because like 2015 was good for me. Even beginning of 2016 was good. And then it started to go down downhill from there. And then 2017 was, you know, mid 2016 to mid 2017 was just the roughest time ever.  And I didn't have any, I wasn't good at adding to winners back then. So all of my trades were always on the front side of the move. And I just like, it's not that I wouldn't win. It's just that I would always give it back. And, you know, that's when like things were starting to just kind of go up with more vigor. That's when more volume started to come into the market.  And that, that's when I really found the rhythm to just short cover, see, I don't care if it was 15 minutes, I was done on the day walking away. If I was green $300, that was perfect. That was awesome at the time. That was a great day for me. And I was leaving guy. I was leaving, even if I lost $500 the next day, because then I would just do it in my mind. Well, that means I'm down 200 for both days. I lost 100 each day. That means all my next trade. I'm green. And that's just like, all I had to do because that's what really killed me was that, you know, the losses were always bigger than my winners on the shorts. And I, and I couldn't fight that. I couldn't fight that, that battle of win, win, win, give it all back on one, win, win, win, give it all back on the fourth. You know what I'm saying? Yeah. Yeah.  And you have to be. Yeah. Or that, that's all I could find success with. That's incredible. Like mentality for a new, even, even two years in or so, like that's a pretty good mentality to have. Like there's, whenever I see struggling members of, of MIC, like these are the things, and I hope everyone listens to this, that it is so key that you just, at, at this point in your career, you were fed up and you just, you were taking what the market gave you, you weren't going for home runs.  And then, so at this point, you're finding consistency and you're actually like letting gains add up and kept a risk in check. What kind of pushed you to the next step of like, okay, it's time to maybe add a little bit of size. You know, maybe, maybe push the, push the wall a little bit. Right. And so right at around then is where I started to, that's exactly what I wanted. I was starting to see that consistency and I wasn't falling into, not only was I not falling into the financial pitfalls, but I wasn't falling into the mental pitfalls either. And so I was ready to grow. And the thing is, is that at the time, now I didn't even really have a, like I was just starting to learn about the whole, like my framework of buy, sell, dead market kind of thing that, that I, that I drive off of. I was just kind of getting into that, but like that really wasn't part of, that's a big part of what I do now, not at, not at the time. But what I really started to learn was the volume was starting to increase and I wanted to, I wanted to make more money. And I knew like just from, from like two years of trouble that I just could not increase the size. I did not want to increase the size because I knew that I just knew that if I increased the size, I was, that my consistency would go yeah, I just knew it. And so I, like at the time, everything started to squeeze at around, you know, this 2017, 18 mark. And I was like, you know, there's big money to be made on the long side. Like that's when it really clicked. Like if I want to make bigger money, I need to be on the long side. Yeah.  And I'm going to try longing. And so for six months, I went back down to a couple hundred chairs. I was ultra patient. I mean, even though I was starting to see some consistency and like my pitfalls were gone, I was feeling good. I went all the way back down and started longing. And that's what I did for like, for like six months, I didn't place anything but a long trade. And so when you were kind of placed that I went down almost like almost very similar journey to a T where I was consistent shorting, but I wanted to start catching some of these moves on the long side. And I had money saved as well. So I was saying to myself, okay, I'm willing to risk what I'm making now shorting in order for like a better gain longing. And so I mean, that's just what I did.   The reason why that's so important is because if you ever want to grow, you need to be able to say, well, if I need to, I can make money on this one thing. Yeah, like, like for me, like right now, like there was some good, like, I saw James, you had a great trade today on TLC, which is a simple view option. That was a great show. And like part of me right now is what in this market, of course, like, this market is like, why aren't you shorting? Why aren't you shorting? You don't. Like, part of me is saying like, dude, like, why didn't I just take that trade? Like, I mean, I saw like in the back of the day, that would have been like a bread and butter base it. Like, why am I not taking that trade? But here's the thing, I know in the back of my mind, if I ever, like, if I ever like need to make money, the view option. Yeah, that's what I'm saying exactly. Same, same, same mentality. You need that in the back pocket so that you can feel confident to try something else and give it a wholehearted approach. You cannot ever grow until you have that one thing that you just know is rock solid in the back of it. Yeah. You need that as a freighter. That's ability. I like that.  And it's like, what gave you that? Like, did you have a feeling in your stomach that was like, Oh, longing just feels better. It feels I like it more. I'm more comfortable. Or was it just that you noticed you were better at it or whatever? I think it was just a reward for all of us. You know, honestly, I didn't really start coming into longing until after I kind of got here to M.I.C. Right before, like, I remember, and so we can get into this now. Like, so, like Alex actually confronted me, or not how it's bowed it, bow is the one who actually DM'd me and said, Hey, like, we're starting this chat room. Do you want to be a part of it? Because he had seen, like, we had, I mean, I had met in that one time too. Right? Yeah, I got to tell that story for sure. Yeah, I'll tell that one. But yeah, Bow and I had met in Maui one time, just to make a long story short, because we've already talked about this, but bow came to Maui one time. And this is when I, you know, like, I was like, I feel like I'm the only trader on Maui where I have just because not anymore. Now everyone's a trader. But at the time, you know, like, Bow had came to Maui and I followed him on Twitter, of course, and on Snapchat. And he tweeted saying that he was coming to Maui or something. I was like, dude, I mean, it's a small island. Like, I'm going to be able to stalk him if I want to. Like, Snapchat, I'm going to be like, I know where he is. Like, I'm just going to happen. It's going to happen to go to that grocery store at this time. And just happened to bump into him. I know he's going to be at the seafood market. So, but anyway, I actually did. Like, he came to Maui and I saw that he was staying, I believe, at the Four Seasons and out. And so I put my canoe on my truck and I was like, I'm going to go paddle before Seasons Beach because I mean, it could probably be at the beach. He wasn't there. And I just had a good paddle. And then I saw that he was at a shave ice place. And I was like, I know where that place is. That's right by my new club. So I'm just going to go take a drive down to my canoe club. I had just missed him. And I was like, maybe it's not meant to be. And so later on that night, like, I was actually just going to go to bed and I don't drink or anything. But my friends wanted to go drink and just party. I was like, well, it was a Friday night, I think. And Friday nights in Hawaii for anyone trading. For me, Friday night is where I stay up a little bit later to kind of get on a Hawaii schedule for the weekend. And then Sunday I go to bed early. So it's kind of like this Friday Sunday game that I play. But anyway, I stayed up later to just go out with the guys. And we went to the sushi restaurant. There's a sushi karaoke restaurant. And I was just having a good time. And then I saw Bow walk in. And that's history. Bow walked in. Awesome. I told my friends, like, dude, that's one of the best day traders in the world. I have to leave. I'm sorry. I walked over to his table and I'm like, modern rock.  He had he had a girl and a friend and he bought the table like 10 shots of Hennessy. And we had a great couple of hours. I love that story. I love it. And I don't know about what did you ask him? Like, I mean, you have him there.   Or are you like, how are you getting these trades? What are you seeing? Like, I tried not to do that. I tried. I tried to just have a good time. And I tried very hard not to bring up trading. Yeah, like, like, not like to be not be like a spaz fan boy or anything. Just wanted to have a good time. But thankfully, he kept bringing up trading. I was stoked on that he kept bringing up trading. So I was like sick.  That's the secret. Because these moves will just rip up on you. And at the time, I was starting to figure that out too. But that was like, ultimate validation for me. That was ultimate validation. And this was right around the time. Like, this was right at around the time that I had figured out that front side short front side cover kind of stuff. Because a lot of that came from bow because I would just like reverse analyze his charts. And he would always get the top tick.  And it just matched. I'm like, that's why you can't chase the short because he's already covered. And so I love that. It was all just super validating for me at the time that the fact when he said that and yeah, and then that was basically that was the big thing.  And that's when he actually his nugget that he gave to me then was like, at the time I was with centerpoint two, and they were getting super pricey. And that's when Cobra trading was starting to come to and he's like, you should try Cobra. And I was like, oh, perfect. I tried Cobra and they were great. And I've been with Cobra ever since. That's funny. Dude, that's what a story. I just every time I hear that, man, I love it because that's such a I'm a big believer in destiny and like fate and all that. And like, that is like key. That is the perfect story for it. I love to hear that. So at that point was he that was 2018 that I'm guessing, right? Yeah, that was like, I don't even remember. Yeah, I think 2018 something like that. So now how long after that did bow and Alex start? M.I.C. Do you remember a year? Oh, God. I started in 2019 when bow asked me to join, but I thought it was only six months before that. Yeah, probably something like that. It's funny. So now how did that? How did that happen? How did you end up with this group?  And I said, sure. And at the time it was actually kind of hard because like I was I was still kind of coming into longing. So I was actually pretty nervous when I first started. And so like actually when I first started M.I.C. that was after I when I first started M.I.C. I was kind of this mix between a short and a long because that was like I was just like you were more of a longer than I was at that time, Harry. And I was like starting to long like that's when I had done my six months and I was ready to start longing. But at the same time, if I was going to be a moderate in this chat room, I had to do what I knew. Like, you know, like I had to kind of go back into shorting a little bit. But I went back into shorting and and I wanted to do some long stuff too. Like that like I had been on this long journey. So the timing wasn't really that great. Because like if I'm going to be a moderator, I kind of have to do, you know, preach what I know and like watch lists on stuff that I'm an experience with. And I wasn't the most experienced long at the time. Yeah, remember, we would have a lot of conversations about longing like we talked a lot. And I was jealous. And I was jealous.  And that's what I want to be doing. But like, I'm kind of stuck. I'm going to stuck like in this short moderator position and like, how do I get out of this? Because I was just, I was like, I'm not shorting anymore. I would take some shorts back then, though, like if I saw really easy shorts, the thing is, is that back then if I missed the long trade, but I saw it kind of creeping up into those airlines positions, I'd be like, well, I can cure my phone with the short up here because I know it's probably not going to keep running. And that's how I would kind of cure my FOMO.  I was like a FOMO Titan. Like I was like, man, I got to get this trade. I got to get it. Outer lines, outer lines. Or if we were kind of like, if it did come and I did get it, then you know, it'd be like down at the bottom of the range long for sure. But yeah, we did have a lot of like good kind of conversations and talks. I remember that. That was really fun. Harry, we weren't even mods then, right? Both of us weren't. I don't think I was using a mod for a while. I was like in MIC, but I wasn't a mod for a while. I didn't even really think about ever like becoming a mod or anything like that. I believe it was like that one day just messaging and after hours like, yep, Harry, you're a mod now. And then I was like, all right, dope. Like I just, I never had like asked or anything like that.  Like I would always talk to you guys. I would always be like great trades, like great, whatever. I never really thought of it like that because I was just purely just focusing on my trading really at that point, you know? It's funny. Like I think awesome.  And then I'd see a long, I'd be like, what the fuck? Like you can do both. I didn't know any like traders that could do both of the time really because I, Harry, I didn't even know that you were like shorting or like which one and I knew most of the long guy is like, how the hell does this guy do it? And I think everyone had had the mentality. It's just, you know, trading kind of fine. Like trading will find you. Like what, what you're good at will find you. And like, that's what I felt like long kind of did for me. Like I really, like the VWAP reclaim became like my bread and butter. That kind of became my iconic setup for a very long time in my career. In 2019, sorry, in 2019.  But yeah, it's going back to your earlier question, James, like how like transitioning to longing or whatever, you know, that's really the secret is it's just going to find you. And like for me, longing, I'm innately, I'm innately a guy who I'm not, I'm not a risk seeking gentleman. I love like the idea of risk for reward for me is much more enticing than high probability. And that's the long side.  The biggest moves you'll ever see on an intraday chart or I mean, on average, right, on an intraday chart on a daily chart, the biggest candle, the strongest candle is going to be a green one. You're going to see some nasty stuffs too, but nasty red candles and nasty death candles. But they're going to be, I mean, when you compare the worst death candle possible to the, to the, to the, the best life candle possible that life candles three times the size. Yeah. Yeah.  And, and that combined with that mentality of next, and I don't care, and I can leave this loss behind me, I can leave these two losses behind me and stay mentally sane to get that winner or to, to nail that one that I know is coming or kind of deal. Like that, that matches with me to take that cut and to stay sane. Like that, that fits with me. What I, what doesn't fit with me is the win, win, win and give it all back next week. That I can't do. Yeah. I also love that kind of mentality as well, because that really kind of fits in like kind of your approach to longing. Like, I guess for me, because like I say a lot, like my best trades work right away. And like, so if I buy at support at five bucks and automatically we're at 530, 540, like, that's a good trade for me. But if I buy support at five bucks and we're like 505, 503, 501, lingering around, that's a trade I'm just going to take off and say, okay. 495 done, 5% loss. 100%.  Because like, I always say to myself, like, if someone wants to stock at 540, it'd be at 540 by now. And that's exactly what I'm saying to myself every single day, you know? Yeah. And that's, I mean, if there's any longs out here, shorts will know this as a bad experience where like they short a low and then boom, it rips on you every short in the world knows this, when they short and then can't, well imagine that as a long side, that's your validation. And that's why you'll see on a lot of my charts, I'll put an order right there at support. And if I'm right away, I'll add to that. I'll literally, like you'll see me have green candles all the way up a green candle. Because I'll just like, yep, adding, like as it's working right away, that proves to me that support is right there. And like, I know that my risk for reward in that spot is, is killer. And that, and that really, like that's my whole, that's my whole view on trading is it's all, for me, it's all risk for reward. And I'll take a cut. It's risk for reward and I'll take the cut. Yeah, I was, I was trading a stock the other day. And we had this like key 560 level. And we had kind of support at 550. And we kind of broke a bit over the 560 level. It was key kind of a breakout level. And we stuffed and we went to 550. And that was also key support level. And I said to myself, like, okay, like, if we don't really break, like 550 here, like, is this really a stuff move? I don't know, because like it's only 10 cents. It looks like a stuff move acts like a stuff move. But is it really a stuff move if we don't break this key support? And so we couldn't break it, couldn't break it, couldn't break it. So I just took some of 550. Because I was like, you know what, I might as well. And that is a great spot. I have great risk reward. This should have stuff. If this was a real stuff, it would have went way lower work would have worked right away for them. We would have known that it was dead. So I took some right there. Automatically, we ripped back up over the key level. And I was just selling into the strength. And I think that has been a key part of my trading is just stuff like that, little stuff, watching price like that, understanding those little key tidbits of how kind of the market works. That has helped me tenfold. And it's all it's all patients, right? You have to you have to wait for your opponent. And this and this is the secret for all trading, right? So you just have to have patience when there's no trades. I thought about this today. I woke up today and I'm just like, yeah, I'm more waking up just to see if anything happens rather than waking up to trade. And that's kind of been my approach, especially in this kind of a crappier market that we've had. I'm just waking up just to see what happens. So if there's a good opportunity, I may partake. And that's what I think a lot of new traders kind of have to find is that that they really don't have to trade. They need to trade only when they see something. And they don't have to see something every day. When you wake up, there's this expectation where you deserve, trading is not that job. Trading is not the job where you're going to get a paycheck every day. You're not entitled to a paycheck every day.  That's not trading. Trading is you have to be so patient. Like, if there's nothing today, there's nothing today. And you have to kind of have that. When I talk about that, I don't care mentality. I don't care if I trade today. I don't care if I miss this trade. There'll be another one. And it's that patience that really, that you need to have. Like in intraday, on the intraday level, and what if you don't, what if you're not profitable in two years? Are you willing to stay for four or six, right? Like, what's, how long are you willing to give it? It's all patience, right? Yeah, no, I really like that. And also today was the day where we both woke up. Like, I find a lot of times in chat, like, I'll say something, and then you'll say, I agree. Or you'll say something. And then I'll say, I agree, because like, we do have a very similar mindset and approach. I really believe to like trading and just kind of how we like, do things like that. And like, today was a day where I was like, there's nothing I like right now. There's nothing I see that's amazing right now.  I mean, there were some opportunities where you could catch a support level, like a little bit on like a smaller kind of level. But it wasn't a day that was amazing. It wasn't a day where you had to go guns blazing. It wasn't a day to size up. And I mean, for me, it's just knowing those days that are under view app and bad and the days that I don't like, that can really like, I think that can really make a change in your, your just your profitability and consistency. Like, if you can consistently nail days where you should be sized up and consistently nail days where you can be sized down. I mean, you've really done a lot of the battle and you've really, you know, I think helped yourself out a lot. If you can just nail those kinds of types of days. Yeah. But the secret there is not to be so in the toilet in your brain from last week. If it didn't happen and you tried to force it, because now you're not getting it this week, I promise. No matter how good today is, you're not going to be able to capitalize. Yeah, because you're mentally, you're, you're screwed. Yeah. No, I, yeah, I love that. I think like maybe just to kind of close it down and kind of end it on the podcast. What's one advice you would give for short traders and one advice that you would kind of give for, for long traders? I think that's a good way to kind of end it. Don't you James? Yeah, so I can listen to you guys talk all day. It's five and I love hearing this, but yeah, go ahead. Yeah, so for a short trader, your, your mindset needs to be like that one baseball player that bow likes a quote all the time is an Ichiro or the dude that has a super, a super consistent batting average. Like you need to really just as a short seller, you need to go for a repetitive hit, hit, hit, hit, hit, hit, hit, hit, hit, hit, hit, hit, hit, hit, right? If you're looking for consistency, it's all about the base hit, base it, base it, base it, base it, and then don't worry about adding to winners until after you've built up that, you know, that back pocket that I'm talking about. Once you build up that back pocket, don't try to grow on the short side until you have that, that stability in your back pocket. And the way you grow after that is, is the, the only way that you can grow is to add to your winner, right? And then don't, don't think about, don't think about jumping size. It's a slow increase of size and a slow adaptation of adding to winners. That's going to increase your bankroll on the short side, you know, slow increase of size and slow adaptation of adding to winners. For the long trader, other than what I've already said, I really think, Harry, you've already said the best advice is that as a long trader, I think risk to reward is your best friend. And as Harry said, the, the, the support levels that are going to work are going to work right away. The demand is going to come in, the market is not going to give a whole lot of opportunity to get long at the best spot. So that's why you have to have patience for the best spot. Do not get in early. It's better to miss than, than, than to get into early for a long, because the reward side on longs is so big, you don't have to be first. Whereas shorts, a lot of the times, depending on your patient's level, your reward side is going to be capped at the bottom of the range unless you're going for a fader, which until you have that comfortability in your back pocket, don't be going for that. Right. And so those are, I guess the two bits of advice that I would give is shorts, you really need to base it, base it, base it, and then slowly add to winners, add to size and longs don't get exhausted. The patient for the best price and the best price will show itself to you without you having to guess. Yeah, 100%. Yeah, I love that. So, so much. That was, that was perfect. Yeah, your, your grades are going to, are going to work right away.   And that's my biggest weakness right now. That's my biggest. It's not, it's not easy because you know that the problem is, is that if you're a trader right now in this market, you know that the short at VWAP is going to be more profitable than taking the support line underneath VWAP and selling at VWAP, right? And so you either need to say, okay, I'm a long trader or maybe you short for a while and take those types of setups till they stop working because right now, like for me, I'm okay with like taking my consistent hits of 10, 20, 30 cents, maybe I get a nice 40, 50 cent rip, but I'm okay with taking that because I know what can come next and I understand the reward that can come by just taking those singles over and over and over again. And I guess that's what I try and do each and every day is just take those consistent singles until we get into a market where we start running. And then it's like, wow, Harry's making a dollar, $2, $3 a share and everyone's mind blown. It's like, bro, where were you when I was making 10, 20 and 30 cents? I'm not getting those types of DMs. And that's really it, you know. And again, this patience all comes down to, you know, patience through the hard times so that you can have a clear head in the good times. 100%. 100%. Well, I think we can wrap it up here. I love it. That's a, yeah, that's a great


Welcome folks, we have the Dow investors trading up $3, Nasdaq up $22, S&Ps down $5, Gold contract down $6.80, trading at $19.68 an ounce, we have Silla down $0.21, $23.65 an ounce, Light Sweet Crude up $2.16, trading at $81.65, notes and bonds, a 10-year note down $18.60, trading at a price point of $1108, look at this 30 year too, 30 year down almost two full points at $120.11, so you get the 10-year yield and we just broke the top side, $4.18 folks, that is a monster, so if we go back, we just want to see something here, this gets intense now, a year ago we were at 2.6, six months ago we were at 3.3, three months ago we were at 3.3, and Kingdala, Kingdala down 49 ticks, trading $102.50, the euros at $109, the yen is at $142 and the British pound is at $127 to $1 U.S. dollar, we can overtake a look at the spy folks, bottom line to get like somewhat of a sideways move out here today, you got down to $4.47, you know you're trading $4.49 right now, if we take a look at the futures this is going to get interesting coming into the close because we're going to have Apple and Amazon coming on, remember Apple doesn't come out until 4.30, so bottom line is that you won't get as much action, you know, but the bottom line is that Amazon will throw some action into the NDX for sure, so thus far, you know, yeah I might get down to this lower end here, what we do have is that down at the lows, that's still a high volume low from this morning, it's still laying there, inside the cues, we take a look at these cues, and we'll take a look at the NDX 100, the futures rather, we take a look at this, and yeah, your volume is still down at the lows, that's the real bottom line, so we'll see where this shakes out coming into the close, we take a look at the dollar, the dollar still wants a higher price, that's pretty amazing actually, I mean, you know, bottom line got up to this $102.843 today, but you're right next to now this $103.500, that's where it looks like it wants to go, stay right there folks, come right back.


That's Mrs. Doubtfire. That's Robin Williams. Colin Kaepernick. No, that's Homer Simpson. Magna Pi. So, not that king. Lion King. Is that Simba? Is that Mufasa? Alright, I needed that. Taken. Yep, Liam Neeson. Nemo. Well, or James Brooke. Or Jim... Or Brooks. Is the dad. Okay, Mrs. Doubtfire again. No, that is... That is... Oh, is that Uncle Buck? No, it's a... Who is it? You got it. A Belair dad. What? It's incredible!


What is going on everybody Astos here welcome back to another video so in this video We're going to be doing an overall market update looking at the Dow Jones the S&P 500 and the Nasdaq We're going to be talking about one trade that I made today on the 19th of February in 2019 as well as taking a look at some other stocks and ETFs that I personally see potential in and that did very very well today On the 19th of February, but before we do get into the video guys for everybody out there that enjoys the content You find value in this content here on YouTube feel free to hit that like button It really does help the channel grow and I appreciate you guys so much for doing so and I challenge you Can we get this video to 60 likes? Let's see if we can do it guys hit that like button down below and let's get started with today's video So at the time that I'm recording this video actually we have about 10 minutes left in the market And we could see here guys, you know based off the SPX you can see the Dow on the side here and the Nasdaq You know it does look like we're going to close the day green But it wasn't too crazy of a green day today guys literally the SPX is up only six points right now Up around 0.23% Nothing crazy there the Dow Jones is up around 31 points right now nearing at the close of the market up around 0.12% and the Nasdaq composite guys up around 12 points up around 0.18% and all of the three major indices that we talk about on this channel that comprise the US market You know these are all at Resistances they all have the same thing in common that they are all at a resistance from the beginning of December Right, we can see the Nasdaq here. We've been talking about these resistances guys But today since we did have a decent green day small small green day We got even closer to these resistances right the one here for the Nasdaq the Dow Jones guys It broke above it, but now we're nearing the other one at around 26 20 rather 26 200 and the SPX guys We are right at that resistance at around 27 85 27 90 from the beginning of December You know of 2018 and in terms of the SPX guys and the major markets here We've been talking about this channel that we've been trading in over these past couple of weeks and the past couple of Videos right for those of you guys that have been paying attention to the channel you guys have seen me talking about This particular channel here, you know Categorized by these red trend lines right we can see the support here the Resistance here and the fact that we pushed up even further today, you know up to highs of 27 87 That's bringing us closer and closer to the resistance of this channel and to the resistance from the beginning of December at Around 27 90 guys so in my personal opinion, you know, we can see the SPX here is overbought We slowed down today in terms of the you know the growth up only point two three percent So this could be the you know the beginning of a slowdown and a slow pullback in terms of the SPX and you can see it here guys We're moving even lower as the minutes and seconds tick on you know closer and closer to the market close So what to keep an eye on tomorrow guys? You know in terms of a technical basis here on the SPX keep an eye whether or not We're gonna break above this resistance and above this channel here Which is gonna be a very bullish sign very bullish move that we could potentially Continue to push up and if we do come to a trade war agreement guys by March 1st This very well could happen, you know This could pump more optimism into the market ending up pushing it up even more right even out of these You know to even out of this second resistance potentially at around 28 15 But you know, let's say we don't get to a trade war agreement. We slowly start to see a resistance here You know at 27 80, you know 27 75 We slowly start to pull back up or down rather that could be a good sign That we're headed back down to the support of this channel where we would be potentially testing in my opinion, you know Roughly 27 40 27 45 that would be the support if we do extend this channel a bit You know, that would be the target in my opinion to where the you know SPX could potentially end up and let's say we break below this right below the 50 SMA Which has been a support and of course the support of this channel that could issue more Downside to come in terms of the SPX guys So overall, you know not much movement today in terms of the SPX again Like I've been talking about in all of these videos just keep an eye on these resistance levels guys They're going to be very very important and of course if we break this resistance and the next we could be potentially testing all-time highs in the SPX, which is around 150 160 points away from where we currently are Right now and for those you guys that don't know how far we actually are We're only about 5% away from all-time highs right now in the SPX So it's not too far fetched that we do end up testing these levels But it is a decent amount Left to go in terms of percentage for us to even start to get into the $2,900 level And of course this trade war deadline is going to play a huge role in my opinion in terms of where we're going To be headed for the SPX so overall in terms of the SPX today guys, nothing crazy Let's take a look here at the Dow Jones. What's going on right now? Well, we saw the previous break I believe on Friday or Thursday. We saw a break above this old resistance at around 25,750 dollars. We're currently trending up at around 25,900 so we're a clear 100 points above that resistance So what we can say right now in terms of the Dow Jones guys, especially since it broke this resistance is that this is a new Support level for the Dow Jones and it's slowly starting to fill or trying to fill the gap from 25,750 up to around 26,200 Dollars which would potentially be around a two percent gap fill if it does fill this spot right here And how did I get this spot here guys? Well, we see the resistance here at around 26,250 from where we ended up selling off back in November and of course in the beginning of December as well at around 25,750 to 25,800 opening up that gap that we do have signaled here by these trend lines saying, you know This could be the fill that we could potentially fill here in terms of the You know Dow Jones and if we're judging on this closer term chart here the 20-day one hour Let's take a look at the 30-day 90-minute actually Little bit closer here We can see the trend that the channel that we've been trading in in terms of the Dow very similar to the SPX the support here the resistance and we are nearing the top of this channel here, although We're not you know as far or as close to the top as we are in the SPX We are nearing the top here. We are at the higher high You know portion of the pattern here and we could potentially experience a pullback in the next day or so You know, especially since we are overbought again We are at the higher high pattern Meaning we could potentially be pulling back to the support of this channel and of course the 50s may which is also a support as Well, so in terms of the Dow Jones guys, that's what I'm looking at and with about two minutes left It is looking like we are gonna close flat Maybe even read in terms of the Dow if we do end up pushing down and of course We'll see this in a couple of minutes here And we'll come back to it and see where everything ended up closing But in terms of the NASDAQ here today guys the NASDAQ composite We are struggling to get above this resistance at around seventy one hundred Dollars we've been talking about this in the past couple of videos guys pretty much The NASDAQ broke above 70 50 We held that as a new support and now we're trying to fill the gap from 70 50 up to around Seventy one hundred. We're actually trading in between this old Resistance from about a couple of days ago, which is now a new support and this old resistance from back in the beginning of December Which is still a resistance now So I guess you know once we break out of this if we do end up breaking out of this the next spot We're gonna end up, you know aiming towards is around $7200 in terms of the NASDAQ and guys just keep an eye on these You know keep an eye on these key technicals here these resistance support levels on the major indices because this is how you decide or I Personally decide rather, you know what I'm going to be trading for that upcoming day or week whether it be, you know large caps Bear ETFs, you know inverse ETFs anything, you know related to that that is how I decide pretty much what I'm going to be There goes the market Let's see, you know the Dow ended up pumping up to about up 12 points here NASDAQ closed at about up 8 and The SPX up around $4 so very minimal gain today guys in the overall markets So keep an eye on those resistance levels guys, you know nothing crazy today in terms of the markets now Let's talk about what I ended up doing today in the overall stock market So we saw a couple of ETFs and stocks today do very well that we actually talked about in yesterday's video We saw Roku did very well. We talked about this one in yesterday's video. We saw what else did very well today We saw what's that one Jnug we didn't talk about Jnug in yesterday's video, but Jnug did absolutely Incredible today. We're gonna be talking about this one a little bit deeper in a couple of minutes here But this is a gold based ETF. We can see it's up 13% today Meaning that gold probably did very very well today as well, which obviously it did We can see here guys gold went up 21 points today up around 1.66% We're gonna talk about that in a little bit here We saw a pretty decent day here today in terms of you guys up around 4% up around a dollar and 16 cents So now to talk a little bit about what I traded today guys no day trades out of me But I added a swing trading position in Microsoft which is actually one of the three stocks that I talked about in my video on Sunday the three stocks I'm looking to swing trade in February video Go check that video out if you haven't in that video. I talked about Microsoft I talked about Caterpillar and I talked about Johnson and Johnson Which is another stock that I'm currently in as a swing trade But in terms of Microsoft guys, I added a small position about 5-10% of my gold position today in Microsoft at around 10780 this morning I ended up adding that position and let me explain to you guys why I ended up doing that So if we can see here guys in the 20-day chart, you know Microsoft has been pretty volatile right from 102 up to 107 the big pullback to 104 But overall guys, it's been uptrending in price right and this morning We got that little dip down to around 10790 you know 10780 and I saw this as a good initial position due to it dipping down a bit and holding that What's it called that previous resistance at around 107 as a new support level because we can see it bounced up from there Very nicely right and in my video I talked about how I wanted to enter Microsoft at that level at this previous Resistance if it was acting as a new support, which we did end up seeing that it did today right at around 10775 when did a bouncing there and pushing up and that is where I ended up adding my initial position Just because it went pretty accordingly to my plan And of course the fact that we saw it push up to 108 60 is a very good sign that it's continuing the uptrend and Continuing to hold that old resistance as a new Support so as of right now guys, I'm in with about 5-10% of my gold position and I plan on adding Excuse me. I plan on adding more money Into Microsoft as we continue to uptrend and continue to push up with a goal sell With the goal first selling point at around 111 and if we break that level up to 114 That will be my second selling point. So right now guys I'm looking to grab about three four percent of margin of profit on Microsoft ticker symbol MSFT and J&J guys is another one that I'm currently in I did not end up adding more and to this position I do plan on adding more if we do slowly start to push back up into the $136 level and if we break below this 135 old resistance, which is now a new support I plan on cutting losses about 0.75% to 1% below this level and if you guys don't recall I'm in J&J around 135 ish 136 so literally the price we are right now. I'm not even up on my position at all I'm not down on my position either, which is why I still feel comfortable Holding this one overnight the pattern has not broken and honestly It's still sticking according to my plan, you know based off of these technicals that we do see here guys So ideally I would love to sell J&J at around $140 from where I am in right now guys up to 140 That's going to be around a three to four percent profit And of course if I add more money as we go up that profit is gonna slim down a bit because I'm averaging up but that's okay guys because Averaging up in an uptrending stock is not a bad idea if you do want to ride the wave if you do Want to ride that upwards Momentum and profit and build a big big position, you know in an uptrending stock, right? It might be a little bit riskier, you know buying and averaging down on one of these stocks Let's say if it does break the pattern because at that point you're going against the trend But if you're going with the trend guys profiting on the upside adding more You know in a momentum push up stock is not too bad of an idea in my personal opinion So drop a comment down below. Let me know what you guys ended up trading today I would love to know I personally wish I ended up getting into JNug because JNug like we saw a couple of minutes ago Went absolutely haywire today. So let's talk about that one very quickly And let's just see it guys JNug is a bull ETF that trades based upon the gold futures And whenever gold's going up in price obviously JNug is going up in price as well So right now guys it's safe to say that JNug is on an uptrend pattern higher highs higher lows all that jazz that we like to see For an uptrend pattern in this particular point here guys would have been an insanely good entry point if we got in at around 10 Which it held that previous resistance at around $10 as a new support We ended up popping up very very good sign here in terms of JNug Obviously if we aren't already in the stock or the ETF rather Chasing it right now would not be too good of idea an idea Which is why I want to see a pullback in JNug And if we do end up getting that pullback in the gold futures guys end in JNug This is going to open up a solid margin of profit So if we look over here to the gold futures slash GC we can see guys We ended up consolidating at around 1300, 1310, 1320 for a couple of days And then we rocketed up all the way to 1345 today So what I want to see in particular with the gold futures here is I want to see a pullback and a hold at about 1330 which is an old resistance as a new Support level if we do end up getting this pullback I think this level right here for gold futures would open up a solid entry point Back here in the bull ETF known as JNug which like we said did very very well today So that's what I'm looking at in terms of JNug guys if I'm not if you're not already in this guys I would personally Stay away, but if we do end up getting that pullback that would be a good entry point in my opinion Here in terms of JNug so another one. I want to talk about today was Roku We talked about Roku in yesterday's video We are looking for Roku to fill the gap from fifty dollars up to around fifty nine dollars So the fact that we pushed up even further today up two percent That's a good sign that we're pushing up and continuing to fill that gap But now for me to enter this stock guys as a swing trade I want to see a bit of a pullback maybe back to around fifty two dollars 5250 so the RSI gets a little bit down and we honestly just get a better deal in terms of how much Margin we can make versus what we could potentially lose right because if we get in here You know what we can lose is about four or five percent and what we can gain is around six seven percent eight percent So we would like to see you know our lost margin be you know Maybe two three percent and our win margin be around ten eleven percent that opens up a better ratio You know in my opinion for swing trading Roku so Roku guys very very solid, you know move today We'd love to see a pullback on that one before entering as a swing trade another one we talked about yesterday was STZ This one did not break out of their resistance had trouble again We want to see a break out of this resistance to potentially fill the gap back up to 190 But until the bridge until we get that break here guys, I'm not gonna be watching or looking to add money Well, I'm gonna be watching it I'm not gonna add money until we break that particular point there and in terms of cat guys Very similar to Roku. We're in the middle of this right now in the middle of this channel I would love to see a pullback in cat, you know, maybe back down to 134 ish 133 high 133's before getting in on that potential dip up to the upside back to around 138 for that nice little channel fill gap fill right there So another one that did very well today guys We're not very very well, but four percent's a pretty solid move for an ETF that's been getting hammered is You guys guys and you guys is a natural gas based ETF whenever natural gas is going up You guys is going up. So let's take a look at what natural gas natural gas Excuse me ended up doing today. We ended up seeing a nice break above that 50 SMA I believe yesterday here on this 180 chart and we are seeing some nice reversal pattern You know, we are seeing a reversal pattern here a natural gas that could signal more upside, right? We see the double bottom here, which is a good sign for a reversal We're seeing the break above the 50 and the 180 SMA We're seeing the 50 SMA crosses above the 180 SMA, which is another bullish sign So there's a couple of bullish signs here for natural gas Which is opening up my eyes for you guys over these next couple of days guys So keep an eye on this level of course if we break 270 that's going to be a huge bullish move to the upside meaning You guys could have a crap ton of margin of profit over these next couple of weeks Just keep an eye on that level guys and of course, you know, just set alerts Keep an eye on what the market's doing and you'll be able to catch these moves that I'm talking about here You know in this video, but of course don't trade any of these stocks based off of my opinion You have to do your own research and understand each and every one of these patterns stocks ETFs for yourself Before investing or trading rather these you know these stocks these you know ETFs that we're talking about here So I hope you guys enjoyed this video if you did feel free to hit that like button Drop a comment down below as well as subscribe if you're new here and you want to watch more content and hit that Notification bell if you want to be notified every time that I do upload a video I'm uploading daily here on YouTube and if you guys have any stock Stocks ETFs that you want me to talk about leave those down below in the comment section as well I'll catch you all in the next video. Have a great night. Peace out


King Solomon and to come back. We want to make sure that we continue to flourish and strengthen. And the great strides that we have made, the Abraham Accords, the region has become safer, economically stronger, and we want to expand those even further. We look forward to working with any nation that wants to work with us to bring peace and prosperity. And I hope you see that in the bipartisanship in the way we deal with this. I hope you see the commitment to America, to Israel. You know, I've been here many times. Years ago, when I became leader, I sat down with then, on the other side of the aisle, another leader, in Steny Hoyer. And many times, the members would come by party over here. I said, you lead your group, I lead mine, but let's stop doing that. Let's go and interact at the same time. And you know what we found when we got here? The bond only stronger. And we went to walk out to look at different issues. And I found the Californians all teamed together, Republican and Democrat, to go see the desalination plans. That maybe we can take some technology to help our own state. We've watched that working together. So as I stand here with your next speaker at this press conference, Steny Hoyer, this is not our first time here together. We've been many times. There was one moment in time that we had about 20% of Congress with us. Look forward to continuing that. And with what we signed today, we look forward to those representatives in the Knesset coming to America and interworking with our Congress. Because when we look back 75 years from now and they think, what could Israel and America's bond look like? I hope they answer it the same way we answer today. Bigger, stronger, and better than they ever dreamed to happen. And that's what happens when we work together. With that, I want to introduce Representative Steny Hoyer, who's been a longtime friend of Israel, a longtime friend of mine. We may come from different parties, but we're both Americans and we both have the same view when it comes to Israel. Create the strongest bond possible. With that, I give you Representative Steny Hoyer. Speaker McCarthy, thank you very much for including me in this delegation. Thank you very much for bringing this delegation to Israel, to Jerusalem, to recognize the 75th anniversary. Katherine Drinker Bowen wrote a book about the miracle in Philadelphia in which she talked about the forging of our constitution, the oldest constitution in the world. If you had said to people in 1948 that you would be celebrating your 75th anniversary, they would have said, if so, it will be a miracle. And they would be right. First time I visited Israel was almost a half a century ago in 1976. I had the opportunity to meet Simone Perez, who was then, I believe, Defense Minister. And I've come back decade after decade after decade, year after year after year, and I will return in August of this year, bringing with me a large delegation. Now, we won't be coming at the same time. But what Speaker McCarthy said today about the 400 plus, that's 90% of the Congress of the United States, who stand on the words, perhaps not exactly, but Speaker McCarthy represented the sentiments, the overwhelming sentiments, the overwhelming commitment to Israel, to its people, of freedom, to peace. But we know that peace does not come free. We know that courage and commitment and willingness to fight for, and, yes, to die for, freedom, justice, and equality, as it was in 1948, is still necessary. So I'm very pleased to be here. Mr. Speaker, it was an excellent speech. You delivered it well. And it expressed the sentiment of our country. Ambassador Nines, I'm sure, as does our Deputy Chief of Mission, expressed that commitment to you regularly. But our presence here places an exclamation point on that. The Speaker spoke an exclamation point. And all of us, yes, we're Democrats, and yes, we're Republicans. But on this issue, we are your friend, your ally, and your fellow in fighting for the values we share. We've talked about those values at this meeting. Your democracy is robust. It is sometimes messy. Our democracy is robust and sometimes messy. But together, with candor and courage, we will remain the closest of allies, the closest of friends and beacons for people around the world who seek freedom, justice, equality. At the end of his speech, he asked God to bless America. And he asked God to bless Israel. God blesses both America and Israel with the people who had it, the people who are willing to fight for it. Every time I come to Israel, I am inspired, which is why I come so many times, 19 times. In August, it will be my 20th visit to Israel. And I am inspired by the country, but I am so inspired by the people. John Kennedy said, ask not what your country can do for you, but what you can do for your country. No people on Earth represent that commitment to country more than the Israeli people. God blesses Israel through all of you. Thank you very much. Thank you, Stenny. Let's open up for questions. You can travel the first, Punchball. Go ahead. Thank you. What one domestic, meaning our domestic and one international, do you, any outrage from the administration in regards to the next step on the debt limit is my first and second? You cannot travel this far to ask that debt limit question. And second, do you plan to invite Netanyahu to address the joint session this year? You can't hear. You're tough to hear because of the issue. Maybe if you... Sorry, how's that better? Do you plan to invite Netanyahu for a joint session this year? I had a great meeting with the prime minister. I think the president will make sure, just as this close relationship, I know we've had a lot of different leaders coming to America. I expect the White House to invite the prime minister over for a meeting, especially with the 75th anniversary. I know the president, Herzog, will be coming soon for a joint session. I know the prime minister has already done three joint sessions. I think the president in this one will be the next joint session from Israel first. But yes. And what was your second question? Debt limit. Debt limit. The president still hasn't talked to me. I'm a little like Netanyahu. Yes. Hello. My name is Madeline Hubbard, and I'm a reporter with Just The News. Do you think that the U.S.-Israel relationship is stronger or weaker than it was two and a half years ago? Look, I think you look at us right here. We're stronger. You could talk to any individual. We just had a resolution on the floor honoring the 75th anniversary, the Abraham Accords, more than 90%. You watch this Congress that can battle back and forth, but Israel united us together. You look at what we're here together. You could ask any member back here. I think even walking away from this, they feel stronger today, and I think it'll be even stronger tomorrow. Yes, sir. Thank you very much. Amihai Stein can't tell a vision. I was wondering if you and Mr. Hoyer can comment on we've seen the administration trying to intervene in the justice reform that is going on in Israel. Even Justice Minister Yarevel Levine said earlier today that he sees that the administration is trying to intervene into the justice reform. What is your opinion? And I would be happy also to hear Mr. Hoyer on this. If I could just clarify, are you referring to administration as our administration? Yeah, Biden administration. Yeah. I'll let Cindy answer as well. Look, Israel is their own nation. Israel can decide what they want to do. But I mean, having democracies, you want to have a check and balance. You want to have separation of powers. And I think in all of our conversations, be it the president, be it the prime minister, be it members of the connected, I think everybody will agree. There's some form of reform that they believe they need to have. But we leave it up to you, your country, to figure out how to do that. It looks as those two sides are coming together, meeting with the president today under that umbrella. I know there's a lot of difference of opinions. Democracy sometimes looks rough. It could even be within our own parties. I don't know if you watch my speaker raise. Might look a little tough. But you know what? It turns out well. That's what's different than when you look at countries that don't have democracies. Won't have a say. Won't have an ability to speak up. So I think that's healthy. And we look forward to you solving your problems. I think the truth is friends give friends advice and counsel. Frankly, I've been in the Congress long enough to recall President Netanyahu coming to the Congress and give me some advice on policy. We do the same, but the speaker is correct. Ultimately, it is Israelis who will have to make their decision. And the president has convened, as I understand it, a forum to discuss differences. McCarthy was the majority leader of his house, of his party. I was the majority leader of mine. Both of us had to sit down with people of different views and try to bring them together to create consensus. It's my understanding that's the process that is going on now. We'll see the result. I'm sorry, I have no card that says names or questions. No problem. Mr. Speaker, Batti Leventhal from I-24 News, based both in Israel, the Middle East, and America. I wanted to touch on something that you've brought up a few times. There's no doubt the United States was instrumental in aiding and supporting the Abraham Accords. What country have you set your sights on next? And does Iran's rapprochement and new partnerships in the region complicate that? Look, what Iran does to complicate us is fund terrorism, to fund Hezbollah and Lebanon, continue to fund a civil war in Yemen, the militias around the region, try to set missiles to shoot at Israel. That doesn't help anyone. There is no secret that I think all the region was Saudi Arabia, such a powerhouse, and the growth that could add to the Abraham Accords as well. I think everybody in the region, we've looked at the benefits of what's happened with the Abraham Accords on both sides, economics with the people, with the tourism and others, and with security and safety. And when you look at the region itself, everyone can benefit, be it working together, sharing energy, maybe solar, maybe desalination, and others. And I think that benefits every single person in every single country for a better life and for a better future. I think everybody wants that and just working towards getting that. Sure. I just want to add, we are Democrats and Republicans here. The Trump administration accomplished the Abraham Accords working with Israel. Israel accomplished that, but we worked with them on that. And to a person, we're supportive of the Abraham Accords. We think that was an excellent policy. We have passed overwhelmingly a resolution by Mr. Schneider that we ought to pursue that. We have a resolution that is pending, asking for a special representative to make sure that the government is represented to accomplish that objective. And we have made that clear to the Israeli officials, who obviously are very enthusiastic about adding additional Arab countries. And they have a great deal of optimism about the ability to do just that. Sir. Patrick Kingsley, New York Times. In an interview yesterday with Israel Hayom, you were quoted as saying that if President Biden does not invite Prime Minister Netanyahu to the White House, you will do so to Congress. Was that quote accurate? And does that remain the case? Yes. Look, I have a long relationship with the Prime Minister, longest serving Prime Minister of Israel. I think two great nations that have strong bonds should continue and work together. I've invited President Herzog to come and give a joint session inside Congress. We're working out the day that that could come very soon, hopefully this summer. But I think for the same time, too, that the Prime Minister should come and meet with members. We had a great lunch, bipartisan lunch. And when we do that, I would invite and set with Hakeem Jeffries, who is the Democratic leader. And we would do it in a bipartisan way that we could sit down with the Prime Minister, discuss the region, discuss the challenges, and ways that we can continue to build our bond stronger together. Yes, sir? Vyacheslav Tartakovsky, Riya Novosti, Russia. We know that you don't support the current unlimited and uncontrolled supplies of weaponry and aid to Ukraine. So can you comment? Is it possible if in the near future the US policy regarding sending weaponry to Ukraine will change? I'm not sure. The sound here is not good. Did he say, I don't support aid to Ukraine? No, I vote for aid for Ukraine. I support aid for Ukraine. I do not support what your country has done to Ukraine. I do not support your killing of the children either. And I think for one standpoint, you should pull out. And I don't think it's right. And we will continue to support because the rest of the world sees it just as it is. We had the opportunity to talk for just a few minutes at the flag-raising ceremony. I share the speaker's view. Almost invariably, every time I'm in Israel, every time I wear the flag of Israel and the United States. Today, I wear the Ukrainian flag with the flag of the United States. Our country is committed to what the UN Charter says, that people cannot take land or other countries by force. What is happening in Ukraine is criminal. International crime. Women, children, elderly men are being slaughtered. A very large and very powerful country feeding a courageous people who, in my view, must win this war. And I believe the United States of America, as it is committed to Israel's freedom and security and sovereignty, it's committed to Ukraine as well. And I believe that will remain a consensus among Democrats and Republicans. Yes, ma'am, whoever's giving the mic to. In the past few years, the State Department has given tens of thousands of dollars to the Movement for Quality Government in Israel, which is one of the leading organizations in the protests against judicial reform. And before that, protests calling on Netanyahu to quit. Do you think that's an appropriate use of State Department funds? Look, I'm not familiar with this. But if it is, as you say, I would say no. But I would have to have more information. I don't think State Department should play in politics. It's not why we use our tax dollars. Yes, back over here. Arthit, I had asked Gold from CNN. Thanks for taking the question. Some of Israel's allies have expressed deep concern about certain members of this government ministers and some of the statements they've made. One minister was once convicted of inciting racism and supporting terrorism. Are you concerned about the direction of this Israeli government? And if I may, what do you say to world leaders who are concerned the US won't be able to pay its debts this summer? So you had two questions. You were talking about people in the cabinet within. Just as we decide upon our own leaders, the people get to decide upon their own leaders. There's people in the cabinet that people disagree. The great thing about a democracy, the people have a right to say and reject or promote so they can do it. On the debt ceiling, I'm concerned about the debt ceiling. I have been from the moment I became Speaker. That's why on February 1st, I went to see the president and said, we should sit down and solve this problem. Look, the debt is a big challenge for America. We're going to have to come together to solve it. We've been through this before. The only way you solve problems is you negotiate. And I'm looking forward to the president changing his mind and negotiating with us. If that's not the case, I wanted to make sure that the debt ceiling did get raised. And so we raised it before we came here. Not only did we raise it, we believe we need to make America stronger, not just in our debt but in our economy. So we put items in there that would make our economy stronger, especially when it came to energy. We'd also make the global environment better. My friend, or not my friend, this individual from Russia that asked this question, if we simply replaced Russian natural gas in Europe for one year, we would lower 218 million tons of CO2 emissions. So not only would we make the environment stronger, we'd make the world safer. God blessed us with the resources and we should be able to provide it. It'd make the economy stronger. We want to cut red tape so we could build things in America again. You may have difference of opinion on both sides, but if the Senate has a different opinion, pass a bill. How Congress works, if you just go back to Schoolhouse Rock. House pass a bill, Senate pass a bill, they can go to conference and the president can then decide. But the one thing I do know, at Schoolhouse Rock, they never told you not to negotiate. They told you to work together, and that's what we're doing. Yes, sir? I just want to, because I think it's important to say, Speaker spoke on Wall Street. He said that defaulting on our debt is not an option. I think we have universal, almost universal agreement on that proposition. I believe America will not default on its debt. We will not pass the debt ceiling that just raises it without doing something about our debt. Speaker McCarthy, Chris Mitchell with CBN News, Christian Broadcasting Network. You made a commitment in your speech that the US will not allow Iran to get a nuclear weapon. Right now, there's sense here in Israel, sometimes they may have to go it alone. Would you recommend to the administration that would join Israel militarily if they have to? One thing I've always learned is peace through strength. I think the entire region, the entire world knows an armed nuclear Iran is not a safe place to be for the world. And I think it's very clear with the people behind me as well, we will never stand to allow Iran to have a nuclear weapon. I think the rest of the world stands with us on that as well. I thank you for the opportunity to spend time with you. I appreciate the job you do. But more importantly, we all want to wish Israel a very happy 75th anniversary, and we look for 75 more years. Thank you and God bless you. My God, that's amazing. Who wrote that? The US House of Representatives speaker, Kevin McCarthy, taking questions there from the media in Jerusalem shortly after he had addressed the Israeli parliament. He is only the second active House Speaker to do as much. It's all part of the Republican Speaker's two-day visit as the head of a large bipartisan delegation. You saw them there standing behind him. He has already met with Prime Minister Benjamin Netanyahu and President Isaac Herzog, praising relations between the two long-time allies. And just moments ago, we heard him saying that he hopes that in 75 years' time, when people look back at the bond between Israel and the United States, it will be, quote, bigger, stronger, and better. Now, the visit comes at a time of tension between the US president and Israeli Prime Minister with Joe Biden, yet to invite Benjamin Netanyahu to Washington more than four months since he set up his right-wing coalition. With me here in the studio is our correspondent, Guy Israel. And we heard Kevin McCarthy there touching on a range of subjects. Obviously, many of them were expected overwhelming support for Israel's celebration of the 75 years of independence in this country, but also touching on some very pressing issues, including the Iranian threat, including aid to Ukraine. Break it down for us. Yes, I think a very interesting presser there, an opportunity, a rare opportunity for so many Israeli journalists, including our very own, Batya Leventhal to ask such a senior US official many interesting questions about Israel, about the US and about the world, specifically regarding Batya's question about the Abraham Accords. Saudi Arabia was indeed mentioned as the target, the possible next destination for both Israel and the US to join the Abraham Accords. But as we explained earlier, that is not likely to happen in the near future under the current political climate. Both the relations between Riyadh and Washington, very frosty at this time as Saudi Arabia renews its ties with Iran, of course, and other allies in the region. And amid the slightly tense relations, of course, we could say as well between Jerusalem and Washington, not something that Washington would like, or Biden would like to award Israel, the current Israeli government at this time. But again, stressing the fear of Iran, the danger that it poses to the region with its malign activity, something that really stood out and I think would make a lot of headlines in the world is his answer to the question from a Russian reporter. He didn't mince his words in his response, did he? Oh, no, the Russian reporter suggesting that perhaps McCarthy does not support supplying Ukraine with weapons. McCarthy was very clear about what he thinks about Russia's invasion of Ukraine mentioning, calling on this reporter, stop killing children, pull out of Ukraine. It couldn't be any clearer. And this is of course from a Republican, we also heard from the Democrat representative. So many issues unpacked there. And one that really stood out for many Israelis is of course, the question of inviting Netanyahu to the White House, whether Biden will do that. And as he said in an interview yesterday, reiterating once again, if Biden does not invite Netanyahu, not a problem. I will do so. I will invite him to Washington to speak at the house. And I think that if Biden hears those calls, he would think twice about waiting so long for Netanyahu. And I would imagine that that is something that we will see.


Bitcoin is actually quite stable at the moment at around four and a half thousand. The relevant levels that we're looking at right now is that 3,000 which is the major support level and then we have this giant descending wedge which actually we can see the top of this wedge is at the 200-day moving average. Right now the 200-day moving average is around just under 5,000 so between 3,000 at support and 5,000 at resistance, 4,000 is about halfway. So Bitcoin has kind of been in limbo it's up about 20% since the beginning of the year but it is underperforming. At the moment I've been tweeting about alt season for a few weeks already. At the moment while Bitcoin is kind of standing still some of the alt coins are outperforming and specifically it's some of the lower cap alt coins. So Lite coin has been doing very well because it has a very large community base and there's a having event coming up in August and Binance coin has been doing very well as well and then we have kind of these days where some alt coin will go up double digits I think XLM had a turn, Dash had a turn, they're basically taking turns and each day there's like a winner of alt season that I've been tweeting out as well. So what's happening is that people are seeing a lot of value in the crypto market but more specifically than just holding Bitcoin they're moving towards some of the alt coins at the moment. Binance coin's buyback strategy is not necessarily to be compared with a buyback strategy in the traditional stock markets because Binance coin is not a traditional stock. It doesn't give you shares in the profits of Binance. So even if Binance has amazing volumes the holder of Binance coin doesn't necessarily see the benefits from that. Even though that there is kind of speculation whenever there's strong volumes in the market people tend to buy Binance coin because Binance is benefiting from those volumes. What Binance coin is is actually a token that gives you a discount based on your trading volume whenever you're trading on the Binance platform.  So periodically they take some of those coins that Binance has accumulated and they burn them out of circulation and this is really good for the token economics because whenever you have something that supply dwindles over time and the supply is actually going down that actually increases demand on the token. So unlike fiat where you know they like to continue to create more and more money and then Bitcoin has you know a static hard cap of 21 million Binance is actually working the other direction where they're actually reducing the supply over time. So as far as token economics is concerned that's that is a positive factor. I definitely agree with Tom on that one. The 200-day moving average is extremely important in technical analysis. The only reason actually I've been talking about this 200-day moving average for probably since mid 2018 already you can see so this blue line is the 200-day moving average on the chart and basically it shows the average price over the last 200 days at any point in time. During the 2017 bull run the 200-day moving average acted as a support for the market where you can see it held up the prices at various points until you know the bubble came it got a little bit detached. Once it crossed that's when people really started realizing that we're in a bear market here and you can see that it acted as a clear resistance bouncing off of that line here and here and you know around mid-November it didn't even get closed before it plunged down further. So if somebody were to ask me right now are we in a bull market or a bear market I won't be I won't feel comfortable telling them we're in a bull market until we get a clear break of that line. Our calls on BTC, Ether and Litecoin worked out quite nicely. When the market is selling off or having a setback there is always a rebound coming. We have problem though to crack the 4200 resistance level. There is some good selling pressure coming from Ether and BTC out of the cash market and as well derivatives. On the other side if the market starts to push higher Litecoin is still the leader there. The 4200 level does not really have any fundamental connections we think but on our technical analysis that level was always on our charts. It is the upper leg of the ascending triangle we have drawn for quite a while. Additionally we also see these ascending triangles in some altcoins versus dollars and BTC. That is also mentioned in our rotation report where the good performances in ranks 11 to 50 are pushing through there. Now hopefully we see a spillover into the top tens that would start to mark some basis or some rallies into the altcoins. From time to time the 200 moving average the 200 day moving average is coming into spotlight. For example Tommy Lee mentioned it in combination with Bitcoin dollar 4000 level. We don't feel that just the 200 day moving average on its own is a good indication where the market is going to go but in combination with technical analysis and our ascending triangle where the top side is the 4200 level we do see a strong case if both indications are matching. Therefore watch that level it could spark some further pushes to the upside. This episode is sponsored by Trade Santa. Trade Santa is a cloud-based trading bot. 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