Biden's MAGA Hat Moment: $DJT and $RUM Stocks to the Moon?

Intro so who would have thought this day would actually show up eventually and you would say this is a deep fake you would say this is a deep fake Joe Biden actually putting on a magah hat during his one live event that he recently did does this mean djt is going to go to alltime highs do mean that the presidential race is officially over and also we're going to be talking about Rumble today where we're going to talk about the price actions that you can be expecting for both stocks my personal opinion about where I see each of them going how you can profit from them and which one would you actually have to buy if you were only given the ability to buy one of them good evening ladies and gentlemen I hope you're having a wonderful start to your Friday my name is Michael I do technical analysis on this channel where was created by me and my best friend to basically give you an unbiased opinion about the stock market kind of playing both sides of the market I'm not a perable I'm not a per bear we Tred to give you the information for free unlike other content creators that want to charge you a course we just simply ask that you go down in the description below check out the Discord come chat with us we do streams where you guys are the actual people on the stream not just chatting with us chatting live on the Discord it's really really fun and also if you guys are interested in this type of content make sure you hit subscribe to the channel so you know what's going on with the latest videos I just published a video on the inflation report along with we did a weekend Deep dive video so all that will be linked down description below for your convenience and yeah so let's dive DJT in what is going on with djt stock if you guys are a constant viewer of this channel you guys know my opinion about stocks that just keep selling off from alltime highs and that is one of my pet peeves about djt stock it is the classical meme style stock where we went to an all-time high roughly of 79 all the way down to where we are now at $16.10 that means you got a lot of bag holders sitting up here basically waiting for you to you the buyer to buy and relieve their pain right to transfer the bag holding from them to you and I don't necessarily agree with that sentiment that people want that you would want to hold their bags right so I'm not saying the company is bad I'm not saying the company is good also the company hasn't been around long enough to fundamentally give you a good analysis of their Finance books their cash flow their net income all that right I can give you a general summarization of what it is but it really doesn't matter when you fall on 88% it's very hard to recover from it especially not being a recent IPO right so when this company ipoed back in 2021 its all-time high essentially was $174 absolutely crazy it went through the phase where it basically bottomed out at around let's say $12 and now it's coming back so it had that secondary Spike and really came back to a low recently so the question is okay it's down and nearly from the peak of the last when Biden dropped out to 66% so there's essentially someone that lost 60% 66% of the value in this company and the question is are you going to be the next person if you buy into it that's going to have to be a bag holder for all eternity I don't want that for you guys I basically want to give you an unbiased opinion of what this is personally I like Donald Trump that does not mean that I will invest in his company because of Donald Trump that is like saying we're going to invest in Berkshire hathway because waren Buffett no you invest in Brookshire hathway because they slaughtered the market 20% every single year so that is why why you do it not necessarily because Buffett is there now that is another qualifying Factor if you do enjoy Buffett's talks but then again it's not the core Factor the same way this is not the core factor for the company now where we got an interesting thing coming up on djt and that is where the long-term essentially bottom price action was which is essentially this median point of like $13 and that could be a coinciding point for you to have a buying opportunity there if you are looking right I cannot tell you if this is going to be a long-term hold that's going to actually be profitable because guess what no one can tell the future if anyone tells you a year from now this stock is going to be $100 the same people said the same thing about F FRC and how' that turn out again I rest my case but simply put it looking at djt it is a very risky opportunity however it is an opportunity right if you get it at a decent price let's say $13 and if Donald Trump manages to win the election then the question is this stock how high is it going to go not if how because it's going to be gme 2.0 also the thing I would like to bring to your attention there is a crap ton of shorting volume on this stock right if we just bring up the smart money flow as you can see here smart money is shorting the Daylights out of this thing now again I remember you that JY did the same thing and look how that happened for some of those short Traders didn't necessarily work out so again we're seeing lower lows we're seeing more short volume into this thing and essentially what that means is that there is a possibility of a short squeeze you've been selling off massiv L right the trend is very strong 83% and that means that it's going to continue eventually it's going to find a point where you can't short it anymore because there's just not enough shares out there and you get into the whole naked short thing but I'm not going to bore you with that simply put wait for this thing let's say a month right as we get closer to the election this thing is where all the meme fervor is going to come up as you head into October let's say beginning of October that is personally not Financial advice where I'd be looking to maybe put a very very and I mean very small position in this company to just basically ride that Meme uh frenzy up maybe make 120% on it whatever you bought it right if it goes to $30 you made 100% if you bought it at uh 15 but if you bought it let's say 10 12 and it goes to 30 okay congratulations you're up almost 200% so for on that small portf a small small section of your portfolio it will be a good good run however it's not money that you can necessarily like live without right don't put life savings into this under no circumstances should you be putting life savings into any stock load Alan maybe the indexes and that could be a stretch as it is but the question we're trying to answer here is what is better djt or Rumble well we found that that djt is a very very risky asset right now especially with a lot of political connections and it's very mem wordy in the sense that this thing could rip every Short's face off now let's jump on over to another one right Rumble we RUMBLE upload to rumble we have a channel on Rumble so that if you guys are watching on Rumble thank you very much if you guys are watching on YouTube we also have a rumble Channel check it out but simply put it Rumble I also own the stocks I have 200 shares of this stock so again that I bought around $6 so full disclosure and full transparency do I like rumble on a fundamental perspective it doesn't have enough time frame to give me that but I will share with you what I like about the company in general right so going to a weekly View and I'm actually going to jump over to this screen right here and this will be an easier way for me to show you guys what I liked about Rumble well it went through the classical phases of an IPO big boom big boom slam down sell off right that's what you actually want to see from an IPO just because number one they need time to issue shares to build up that share base so it's not just transacting at a jagged volume rumble's still not there right it's still not out of the neck of the woods but you had a massive volume Spike once once you hit that bottom which was around $337 that's a pretty big sell off but then you recover above the 200 you recover it above the 50 and now you've been chopping around right we went bearish again right so we're making lower lows and lower highs that is bearish and I am selling calls against this company because it is in my opinion a very very long-term hold I think Rumble will be successful based on the things they're innovating and doing it is a speculative investment it is not financially sound in the sense of like hard factual numbers behind it it is simply and both of these companies that I just mentioned in this video are very speculative Investments they're not meant to be hoard 100,000 into it and expect to get paid out Millions it's put in 100 200 bucks if you make 300 great if you don't it's 100 bucks you can live without it if you can't live without 100 bucks you really don't need to be investing in either of these two but going back to rumble why I like Rumble is because it has been consolidating in this region however we do have a sell signal on the previous week but again if we look at the daily here we've been basically having a sell signal since we were back in the August time frame where we had that slight rally I sold the call once we got up to here because I was like H I'm going to sell some protection I bought some more when we were on this low at $521 and subsequently I have a bounceback candle uh smart money flow indicator here what does that mean well that means that money is flowing into the company as we' seen previously it's a pretty big circle that we got here as we saw back here where we were coming to a bottom where we had a nice pop am I looking for this thing to run to $10 no I'm just saying this is an interesting point to possibly buy into the RSI is crossing over in this region right here and we can clearly see that we got multiple confluences of bullish signals that does not mean this company is going to do 200% it just means that I think this was near a bottom I wanted to increase my share count and I think that riding it up all the way to $629 wouldn't be a bad bounce right that's approximately from the closing price yesterday 13 14% 10% so making small little plays of 10% on a couple dollars is not bad in my opinion also Rumble is significantly cheaper per share than djt so it gives you a better Capital allocation of your portfolio so overall it's not necessarily the best stock I'm giving you a choice between the two personally I like Rumble because it's not necessarily connected to a political figure it's connected in the sense that there people are construing the success of it and it's also Dem mainstream so essentially Rumble is more of a niche but djt has no fundamentals other than is Donald Trump so between the two if I have to pick between I'm personally going to pick Rumble well number one I am picking Rumble I'm invested in the company as I mentioned before I think I will buy djt as an October very very speculative investment of like $100 just to play around with it for you know what the giggles and if you guys want to know how that all turns out make sure you guys are connected on the Discord where you can ask me questions live all the members of Discord as well we chat we talk about trade I post future options on there future trades along with my option trades and yeah that's been a very successful time for me right if we go into my latest positions on the indexes and also some stocks I would like to share with you at the closing of this video so here we have my positions I recently opened a Trade Recap apple position along with Nvidia NASDAQ and S&P the reason was I covered these videos in the week in Deep dive where we were starting to rotate above the point that I said this is where I go bullish and guess what I'm putting my money where my mouth is guys so S&P NASDAQ added call spreads on them Nvidia Apple because I saw something in Lux algo that I said okay I'm going to play around with this an experiment right right now the Nvidia option isn't doing so well my entry was pretty poor on that one but P NASDAQ and apple all green I did play Mees today which was a fight today but again it's going to be sometimes that way so if you guys are interested in finding out more about how I put these trays on make sure you join the Discord Link in the description below you also have the weekend Deep dive down there where you can check out how we got those levels that allowed me to make these decisions to make these profitable trades and also check out some more of our content that we have on the channel variety of covering CPI different companies and also the the weekend deep Dives where you can learn more of how that's all set up so again thank you all so much for watching and I hope to see you in the next one