Stocks & Crypto Change Directions! Omicron Burger.

this video is brought to you by extra go

to metkevin.com extra hey everyone meet

kevin here so it looks like that omicron

might end up being a complete nothing

burger i get this folks we now have a

reports coming in from various different

doctors across the world that so far the

symptoms that they're seeing especially

in vaccinated folks but even an

unvaccinated folks tied to omicron are

quote extreme tiredness that initial

reports were amongst in some cases

university students who were less likely

to have severe

illness anyway but so far the world

health organization is now describing

omicron as mild so far they do say it's

going to take weeks for us to actually

determine the outcome but in terms of

reports from individual doctors treating

patients coming in with omicron so far

nobody's sounding the alarm that omicron

is oh my gosh much more deadly than even

delta

or potentially even more

symptom-inducing than delta now some

actually say that you know the spike

protein so everybody's always freaking

out about mutations and the spike

protein and that the more mutations we

get oh no the vaccines will be less

effective and the antibody

cocktails that we've got oh they're

going to be less effective

right but when you get a lot of

mutations in the spike protein you could

also end up with a destabilized virus

one that's not as strong or robust

as the original version so not all

mutations are bad mutations a lot of

mutations lead to the death and

extinction of viruses and so far

at least from initial reports it looks

like omicron might end up being a

nothing burger which would be really

really really really good south africa's

government is freaking out asking people

to stop discriminate or other

governments to stop discriminating

against them please stop doing these

lockdowns they hurt their economy and

they hurt other economies but anyway

folks the stock market at least in

futures

uh and the crypto markets are very very

happy about this let's do a little bit

of analysis and see what's going on with

futures what do we expect where are

where are trading

is going to exist tomorrow and then what

kind of trades have i taken advantage of

on crypto all right folks let's take a

look at this so the first thing we're

going to do is we're going to go to

investing.com

not sponsored and we're going to look at

the futures here take a look at this

folks dow jones industrial a point six

two percent let's go s p 500 up almost a

full percent at point eight nine percent

at the time of this recording i

purposely didn't record this until 90

minutes after futures opened because

sometimes right when they open they can

be a little volatile so i've

purposefully let these sort of bake in

and honestly they've been just trending

up and up and up and up uh so you've got

uh the s p 500 almost up one percent

technology so the nasdaq up one point

two percent russell 2000.73

and folks let's go

the vix

down 9.3

percent which is really really

convenient because if you end up pulling

let's see sve yx if you ended up pulling

off hold on where's i can never remember

the order of this symbol here but if you

ended up wanting to trade volatility or

if you missed out this time that's okay

there's always an opportunity to trade

it what i like doing is buying oh sorry

i gotta put the sponsorship right here

sorry what i like doing is buying the

svxy

when it plummets the svxy plummets like

this when you get a volatility spike so

it does the opposite of the vix so the

vix went sky high on friday because

everybody was freaking out the vix

oftentimes considered the fear index so

i bought this on the dip the sv xy i

bought this because look at this it's

consistently it crashes down for like a

day or two days and then rubber bands

right back up to this declining

volatility era that we're in and this is

really really great now if you run into

like a march of 2020 you're screwed but

uh this is a good rebound play i put

over 500 000 into this play and so i

expect it to be nice and juicy

profitable tomorrow morning we'll see

how it is we'll see how volatility

actually is when we open up sometimes

futures can be a little different from

how the market actually ends up opening

up but right now looks like the vix is

going to be down 9.3 which means i

should be up at least 9.3 but we'll see

how much of a rebound we get if we go

from 55 to 63 or something like that

that might be a little bit over 10 so

that's going to be a good play i really

like that one remember i always send

alerts for every single trade i make and

the stocks in psychology of money group

linked down below and right now that

does include crypto it might not forever

but right now it does include crypto uh

and

one of the things that i did here with

crypto there were a lot of people that

were pissed off at me for this

but you know what when i see trading

patterns i take advantage of them

because for me look 85 percent of my

portfolio is long everybody who actually

watches my channel knows this 85 percent

of me is long and bullish uh but there's

15 of my portfolio that i trade and

crypto is part of the portfolio that i

trade so i sold my bitcoin at 57 000

about 500 which is kind of right where

we are now

but i started re-buying almost 700 000

worth down here in between

fifty four thousand seven hundred fifty

four thousand four hundred and the

lowest price i got was fifty three

thousand seven hundred about fifty and

so now it's right back up this is not a

surprise folks this is just basic basic

basic ta it's not brain

surgery it's not rocket science it's

very very basic now i am uh you know

i've got a whole bunch of other trades

planned for crypto i'm also very much

paying attention to the alts the alt's

also trying to rebound here cardano

we've got solana so i do expect uh let's

go sol usd i do expect uh more crypto

price alerts here but i also sent a lord

out going hey

bitcoin just broke 54 000 if it stays

below this it's either gonna keep going

down or this is the dip opportunity and

i said i'm buying

i did a nibble on it uh but i love love

love taking advantage of crypto on the

ta and in my opinion that's because most

people trading crypto are are using

relatively simple basic ta and if you

get the psychology of money then you're

good so but this is really good news i

think as we see fear escaping the market

right now we're kind of going back to

this this classic original bullishness

where it's just you can't keep this

market down the market keeps getting

propped up uh with the federal reserve

is still

at the moment printing over a hundred

billion dollars per month funneling that

into our economy uh people feel

wealthier than ever and even though

there are trades that we make it makes

sense to be long on this market like

take a look at this i want to show you

this this is what i recommend you do

pull up the spy and you want to know

when to buy the spy in my opinion it's

pretty easy draw yourself a basic

trendline okay again not rocket science

i'm not into i'm not into like the crazy

like

crazy crazy ta and i'm not trying to dis

on any professional traders you know

what if anything i respect them and i

know that i am not a professional like

highly highly professional seasoned day

trader i know that and i respect that

but i know enough ta to catch up with 95

percent of people and you know what my

investing psychology is that's actually

where you want to be you want to be

using the ta that 95 of other people are

using and then front run them okay but

anyway you draw it's not hard folks draw

a simple trendline on the spy and look

you want to know when to buy the dip

buy it when it's diverting from the

trend line so when you were read over

here in june or look at our fat end of

september dip folks i plowed

over 6 million dollars into the market

during this fat dip right here so juicy

look at this you know we're going to

have a rebound day tomorrow but you're

going to have another this is going to

be a nice little friday dip looking back

in hindsight it's not much off it's not

a huge discount sure is it just easier

to sit there in dca sure dca with 80 85

of your portfolio you want to have some

fun you want to make some trades play

the basic ta and have some fun you could

do it on crypto you could do it on

stocks and go for it now another thing

that you might consider doing is follow

me on twitter because i want to see how

many of you agree with me on this and

i'm going to be asking you to let me

know down in the comments what you think

about this one okay so i just tweeted

there are a lot of abt investors out

there anything but tesla seems to me

that ab tiers are just butt hurt they

missed out and refused to realize tesla

is just getting started hey elon musk

can we get a cyber monday dip going so i

can buy more tesla and this is true i

believe that if we could get a nice dip

on tesla i'm going to go shopping for

tesla again

but here's the thing i think a lot of

people are very very potentially overly

excited about rivian lucid ggpi whatever

and don't get me wrong i'm not i'm not

bearish on these i'm just saying i think

some folks are a little overly

optimistic about some of these others

because if tesla did well the belief is

well that they should have to do well

and maybe we're at an earlier place on

the curve

i don't know if i would go as far as

making that argument

so i would just be careful uh don't be

an ab tier when you see a dip

bye bye the freak and dip i'm also glad

i closed my shorts on friday because it

looks like we're gonna have a green day

tomorrow i'll have to dye my hair back

green anyway folks fitness challenge is

still going on you can follow along with

that just watch the fitness playlist on

the channel it's been pretty exhausting

but i'm trying and i really appreciate

y'all for the support have a wonderful

sunday night we'll see you tomorrow

morning goodbye