Okay folks, so we have three violent things to discuss: Number One, an update on the economy and what is going on, Number two, an update on Red Boxy Box which was back with a vengeance today up over a hundred percent at some points what is going on and what should you know. And then finally, if you have been following the monkey pox situation and haven't seen some of these trades go absolutely parabolic well, you're going to want to watch the end of this video because we're going to be breaking down exactly which are the plays that are likely to continue running, which are going to have other legs of momentum cycles and so on and so forth. And to quote the great Oracle of Omaha directly: Mr. Warren Buffett himself.

Well, he once said that whenever Charlie sees opportunity in a stock, you better get your short positions ready because that shine's going down. But anyways, let's go ahead and get to work. time stamps below. Okay, so pretty flat Monday heading into a pretty damn big week.

The big earnings reports really start tomorrow and into Thursday as we talked about yesterday, and the Fed rate hike decision comes on Wednesday. And perhaps even more interestingly, the next Gdp report comes out on Thursday, which the Atlanta Fed's calculator right now says is likely to declare us in a recession. However, psa, Luckily for us, the White House may actually be taking some pretty damn aggressive action to prevent a recession from hitting us. They just published a press release redefining what a recession actually is.

arguing quote. It is unlikely that the decline in Gdp in the first quarter of this year, even if followed by another Gdp decline in the second quarter, indicates a recession. Now that may sound like an oxymoron, everybody knows that a recession is two consecutive quarters of negative growth. According to Patrick Mullane, the Executive Director of Harvard Business School online, a recession is formally defined as two quarters of negative Gdp growth.

And this is important to note because this is the traditional definition that government data Wall Street journalists, academia as a whole have been using for a so-called recession for much of the last 100 years. I got my bachelor's degree in Economics and I remember freshman year of Econ 101. On the very first day they defined recession and this was the definition, but I must have missed the day where they said oh, you know you could actually change the definition as you please and I went to Uc Santa Cruz where half the professors came higher than the Cpi report. The White House now insists that the definition must be changed to be more holistic, because applying the same data that has been applied to previous administrations over the last 100 years and applied to every other economic situation over the last 100 years is just too unfair.

Why not let the government use a holistic process that allows them to pick and choose the data that paints a picture that they want you to see instead of one that actually is the reality. If you can't avoid a recession, why not just change the definition of what a recession is? I mean, hey, they're already doing it with inflation. Might as well do it with everything. As Gandhi once said, if you can't fix the problem, just redefine the word problem and the problem is solved.

I can already see the press releases next year. Yes, we just came off six contractionary quarters, But holistically, the President feels like we're doing pretty well. He just had a nap, which means Americans have a lot of leisure opportunity and that means they have a lot of extra money and they must be doing good. That's called holistic analysis, folks.

Look, folks, I'm not the type of person that blames one guy that's been in office for like a year and a half for all of society's problems. But folks, does this guy not know how to help his case? I mean, when you see all this misdirection, number One. Oh, we have the fastest growing economy in the world and Cnn finds it as false. And then you also have the infamous statement a few weeks ago where the White House is like, hey, you know the economy is the strongest in history and then now they're coming out and saying, oh well, You know you could see two contractionary quarters in the overall strongest economy in history, but you know if you look at it holistically, which means take out all the bad parts, then? well, we're not in a recession.

Oh, a recession isn't really a recession, it's actually an expansion in disguise. Just remember that when you lose your job at the end of the year and you gotta pay five million bucks for a pop-tart and a biscuit. Next, I want to talk about Redbox. Mr.

Red Boxy Box, What is going on now? I told everyone this year would be the year of the resurgence of Dvd rental, and eventually maybe next year or the year after. you're going to see the big return of the Vhs and we are going to get into that in a second. But first, they weren't from our sponsor. But first, a word from our sponsor Mumu, and their exclusive 10 free stock promotion that ends at the end of the month.

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Okay, but back to Red Boxy Box. So you had a run 100 plus at highs today and I was pretty surprised to see this come back onto the scene. Shorts have been covering pretty steadily since the overall rallies died off, and it was my view that the rest didn't really make much sense on this, because well, guess what, You have that chicken soup for the soul acquisition looming over the heads of investors and that could be completed at any point in the second half of 2022, which we are now in. And of course, the acquisition price is way below the current Redbox share price, but you still saw some pretty insane running today.

And what I would cite as a reason for this is just the sheer lack of liquidity combined with Shorts continuing to try to cover all at the same time before the acquisition goes through. As of the last week, you're starting to see play after play that's not running up on speculation of a squeeze, but is actually going down. and then all of a sudden you have a day where it goes up massively and that's because shorts are actually covering. So now you've gone from speculation on a short squeeze to now actual short squeezes as shorts are all trying to cover at the same time and it's just not working liquidity wise.

Obviously, You look over at the vortex data, you can see a pretty damn big exodus of shorts the last couple of weeks, and all of a sudden, what happened today? Well, you had too many trying to get out at the same time and you didn't have enough liquidity to fulfill those covering. Because when you cover your short positions, what are you doing? You're buying sheriffs, and when you're buying shares, what are you doing while you're chasing up the available float? And when you're chasing up the available float? Vroom prices go up And retail traders see that they're like oop, We better buy cha-ching Next, I want to go over to the Monkey Pox Trade. Over the weekend, the Who: announced that it views the Monkey Pox outbreak as a global health emergency. The continued spreading has prompted governments and other organizations to start stacking up on potential mitigation measures and has prompted companies to start thinking about what vaccines could work.

Mostly, it seems like the Smallpox vaccines are very, very effective at Monkey Pox, so everybody's trying to speculate which company has the most relevant Smallpox vaccine and which one can produce the most and profit the most off this overall trend trade. If you follow our daily morning briefings in Ziptraderu, you know that a lot of the Pox trades made it this morning to our list, and I see several of them as being increasingly relevant. moving forward. Here's my spreadsheet on that my raw spreadsheet.

Keep in mind a lot of these stocks we've talked about before we talked about them. Back in May. we talked about them as the Monkey Puck Trend trade emerged and then disappeared and then emerged again. And generally speaking, any kind of trend trait, not just a monkey.

A trend trade tends to move in legs. you get a leg of hype, and then a leg down. and then a leg of hype, and then a leg down and so forth. And then you go for the thighs.

But you got to be careful because on the days of the biggest runs, you tend to see a leg down very very soon and then after that you get the next momentum cycle. So keep that in mind. If you're going to play any stock that we're talking about on this list, make sure that you're seeing some bare minimum proof of concept, make sure that you have clear entry and exit plans, and make sure that you have, well, an overall plan for your position before you even mess with it. So Gov X we briefed on this one this morning at about 110ish and it ran to 186 which was solid, but overall it was up 150 on the day and was kind of the leader of the Monkey Pox plays at least in terms of percentage running.

This is a 20 million dollar hype Biotech fact: Seeing stock 20 million dollars in company valuation is absolutely nothing, which is a big reason this ran so much today because it didn't take much capital to rally it up. If you have some sort of massive new outbreak coming and people are worried, well, that's a billion dollar spec trade. A billion dollar spec trade. Even if just one percent of that goes to chasing a company like Gov X, all of a sudden, you get some massive runs.

The company's Ceo said it shot may stop transmission of Monkey Pox a shot based on previously existing Smallpox vaccines. The stock also has a history of rapid pumps and rapid dumps on Monkey Pox hype. Now in terms of crucial resistance levels, you have your may cycle high at 337, which is still a moonshot away, but you also have your previous cycle support. We were fighting to stay above just today and I think we might declare that heading into next week.

Remember old support becomes new resistance when you break through it. And if you want to see the next leg up, Gov X needs to actually hold that and there's no options on this and the short interest is so low it's pretty much irrelevant. I don't think it's very easy to find shares to short on this right now. The stock is micro cap and doesn't have a lot of that big liquidity that bigger players or at least slightly bigger players have.

and so you're not seeing a lot of institutional players try to crush this, which is causing a pretty easy run for folks who are playing it. Keep in mind on the flip side, it's also very, very easy for this to turn against you and people start taking in profits because because if you don't have enough liquidity to fulfill the sell orders, boom, you go down fast. Then you have Sega who is quite the diva. She's probably the queen of the Monkey Pox trade and the least hypey we've talked about her before, but this is a one billion dollar company that sells formal solutions for anti-viral Smallpox.

Why does she not run as much as Gov X when she's the super queen of the Monkey Pox trade? Well, because her starting point is so much higher, right? Five million dollars chasing a 20 million stock versus five million dollars. Chasing a billion dollar stock is a much much bigger difference, right in terms of how much the price goes up in terms of the percentage gain. But Sega also has the advantage of actually being on an overall uptrend because again, she's a lot less of a sketch play. The reason it's not as pump and dumpy as something like a Gov X is because Sega is a legitimate improved player in a broader sense.

I don't want to say completely broad sense, but definitely a broader sense. Her Smallpox drug is Fda approved in the Us for use in Smallpox, but it's also approved and this is crucial. It's also proved as an oral treatment for monkey Pox itself in the Uk and Europe, And so you have a lot of speculation that, hey, wait a second. Presumably, there's a chance that because the Us already Fda approved it for Smallpox, maybe they're also going to Fda approve it for the Monkey Pox here in the United States as well.

Which means, of course, future catalyst potential coal option concentration is centered around the 15 strike prices, suggesting some pretty extreme surprise at the rapid pickup in prices. I don't think a lot of people were factoring in Sega to run this far, and I think it was mostly who induced why it actually ran, so explains that now if you were watching us back in May, We were reflecting on the original Sega trade and it had done a nice run from our 9-ish dollar briefing price to 1549 and then the next day it hits 17 or something at heights. But ask yourself what happened after that. Well, the next leg happened and those thighs weren't too nice and went down and tanked like a dog and a couple days later you got another near double.

The point that I'm trying to make here is that when you're talking about a speculative trend trade, does this look like something that you'd want to buy and hold no 100 percent. You want to be a trader when it comes down to spec place. Spec plays are only fun because they can run and they can run massively. but if you decide oh, I'm just gonna buy and hold it.

hey, you're gonna end up getting destroyed on this one. You've seen an overall uptrend on many others. You'll see an overall downtrend when you're attacking a spec play. You have to make sure you have to make sure that you have a clear entry and exit plan.

Next you have Bv and Ry. This is an off exchange Adr based in Denmark aka it's not listed on Us exchanges, but they said they won European approval to use their immun vax vaccine for Monkey Pox. Keep in mind when it comes down to Adr, you want to be a little bit careful because sometimes you will find some liquidity issues that make it very, very difficult to get in and out as fast as you'd want to. So if you're not finding the liquidity or available volume that you need, just avoid it.

Cmbx. They make a drug used to treat Smallpox, which presumably is going to be effective against Monkey Pox as well. at least that's what speculators are thinking. And the potential catalyst for this is you have the Fda pursuing an expanded protocol to test it against Monkey Pox itself, and perhaps they come out with an approval or some sort of emergency use authorization for this drug and that causes a future rally, which is another reason why you're going to want to watch this one and keep it relevant on your radar.

But anyways, folks, as you know, I love, love, love trying to find the hottest spec plays out there, and this has been a pretty damn hard year to find any sort of spec play that wants to run and stay up. But even in the best of market conditions, I don't necessarily think that everybody should be playing spec plays. No, these aren't fundamental plays. these are for folks who love the game of oh, how do I manage my risk? Oh, how do I plan my entry point when you're starting to see that proof of concept.

How do I take advantage of market psychology to lock in my run and then just go home with a lot of bags of cash instead of a bag of useless stock? One example that I do want to leave you with is Tblt. This is a stock that we briefed on on Thursday and Friday morning last week because it had a very strong momentum set up combined with outsized volume at the same time where short interest was ripe to suggest a short squeeze and it ended up actually squeezing into clothes on Thursday and Friday. It went up around 80 from our original briefing price. Obviously really strong wind and not every day you're gonna find something huge like this.

but it was a strong win. But even that said, what happened today, it dumped 25. So it's like hey, well, on one side, if you traded this and you caught even half the move from last week, you did great. But for a lot of folks that have a focus on just buying and holding everything that's running well, you end up just losing all of your money.

When the hype run is over, there's nobody out there folks that says that you have to settle down, get married, and have 50 years of committed relationship with the stock that you're trading. At least if you get divorced in a marriage, you only lose half your stuff. When it comes down to holding a small cap, you could lose everything. Please folks, if you're going to trade something, stop marrying it.

And if you're going to marry it, please have a prenup that says oh, if it goes down to a certain amount, I'm going to sell the hell out and go home packing that caps off the video. Thank you again Moomoo for sponsoring us! Link down below: Make sure to get your up to 10 free stocks before the end of the month if you're looking to join us in Ziptraderu and get our step-by-step lessons, private chat, daily morning briefings, and of course full price target list. I'll put a link to that in the description below. Have a good rest of your day folks and I'll see you in the next video.