That's perfectly fine with me. (and not because I want to upset anybody but simply because I'm just doing this all for fun, subscriber count or views don't mean anything to me)
Nope, I'm not religious and I listen - it's thought-provoking, interesting and I like Richards perspective. You can always skip, not watch or wait for AI to mature to the point of being able to create your own bespoke GME related video for you, otherwise feel free to go ahead and make one yourself.
Look, I always skip the religious stuff because that's my belief. But I'm perfectly fine with Richard speaking his mind as well. That's one thing I love most about America is our First Amendment! Being a good person is what matters most to me. We all take our own paths so keep doing you Richard! Thanks for your work on GME!
I'm a devout atheist, not really a fan of the sermon so I'm automatically skipping it, but it doesn't change that fact that Richard's critical analysis of the stonk is top shelf and second to none.
The statistical power for a Pearson correlation of only 5 data points is definitely too small. To make the data truly representative, you would need to include every trading day, not just a small handful. Since there are other factors that drive the price up, you could not expect the Pearson correlation to be more than maybe 0.6-0.7 at most. Anything over 0.5 would be significant, though, as 0.5 represents random chance. I like the idea of using the difference in price at either 1 or 2 weeks out as the signal, rather than 3 or 5 days out. I can try to find the time to do this if I can figure out where the Chicago Exchange data is.
Richard, love your vids and your commitment to GME and your faith. Loving the verse of the day! Can you pls take a look at the FAQ tab on the spreadsheet as I think some of the text needs a refresh to bring up to date with current thinking. peace and love to you and your family from an aussie OG ape.
Hey Richard, I was reflecting on this video after watching this morning and I wanted to get your take on: If a 2021 event happened again, is there really anything shorts can do this time to shut it down? Is there a specific closing price that seals shorts’ fate and even in the event of a buy button shut-off that can’t save them? I know with bad intentions, there’s always weird things that can happen, but I really am curious to see what you think on what COULD happen if we see a requel. NFA ofc but, fundamentally, technically, and mechanically this thing feels primed to implode. Volume in 2021 seemed to be the best thing to follow in terms of how/when it was losing steam then, but unsure of what we should be looking out for when something happens again. Anyways, god bless, thank you for the daily positivity.
long time listener, appreciate all the different discussion over the year. I don't mind you wanting to discuss whatever is on your mind. I am not religious or any kind of follower, but I'm not opposed to listening to someone talk about something they are passionate about that I have little knowledge of, not having done any of the readings. Came for the GME, stayed for the real day-to-day discussions.
Not letting someone express their religious beliefs is about as unamerican as it gets. Only a fool would think the Bible doesn’t have valuable lessons that are applicable to daily life, that’s why it’s been resonant for so long. I’m agnostic, keep it up Richard your voice is appreciated. And as they say if you’re encountering resistance or “Ellwyn boars” as I like to call the hired shills, you’re probably getting closer.
You're a legend, Richard. I've been here since before the sneeze of 4yr ago and and GameStop price action (rhythm?) after years is beautiful to watch. I've tested paper trades of recent (otherwise I hodl and 75% DRS) and just buy two or three dips per day and wait two to three days and take my gains and go and then buy back in higher 👩🏻🎤
Richard, I saw some posts on X suggesting that this week's expiry for options was yesterday (for exercising at least) due to the special Holiday. Are you aware of that or do you have a different understanding ?
Hi Richard do you know more what happen to GameInsider, which was a magazin from GME. They closed August 24. I didn‘t heard nothing about it till today. Ps. You’re doing a great job 👏 greetings from Germany😊
Happy Thursday RN! What a boring day with no GME to watch after :( Have a great day “off” lol! PS: The amount of time it takes these people to comment, they can skip over any part of the video they don’t want to watch!
I'm in my 30s now, and my sister hooked me up with various packs of Pokemon cards for Christmas. The nostalgic feeling of opening crispy packs makes me want to buy some more now. Do you have any recommendations on what packs to buy if I'm looking for more of the OG 151 cards? Appreciate you per usual - have a good one!
Hey Rich, I'm SO pumped for tomorrow and next week, I can hardly focus on my 9-5. Hang in there! Although I may be saying that more for myself at this point haha
Not Financial Advice, but here's as quick as I can make it - When you sell a put you're essentially setting a Limit Buy. But getting paid to do it. So suppose you sold a put for 1/10 at $30. If price ends the week below 30, you will be buying 100 shares at $30. So in order to sell that put you have to have $3,000 in your account. This cash gets placed on hold basically because it's a CSP (Cash Secured Put). You get paid to sell this put whatever the premium is. The premium Monday for this was 0.38 per share so $38 for the contract for 1 week expiry. The price is now $0.10. Possible outcomes: Price ends the week over $30 = You keep the premium, your cash is no longer locked up, but you don't get shares. Price ends the week below $30 = You keep the premium, your $3000 becomes 100 shares Saturday morning. So you basically bought 100 shares at $30 - 0.38 = 29.62 each. Worst case? Stock plummets to below $29.62. This is where the put buyer wins the trade. You keep the premium and pickup the shares at $30 each, but theoretically you could have bought lower. The put buyer wins the trade because if the stock closes at, say, $28, they made $30 - 0.38 - 28 = $1.62 per share.
Haha, great question. I can't believe I'm saying this - but collecting the Pokemon ETB (Elite Trainer Boxes) has become quite a hobby. I am hoping to complete the Sword and Shield set but some of them are very expensive.
All those saying he's an aethist or don't believe in God, let me know again in 20yrs or when you're on your death bed. Have been there before. Just give time. 😊 I respect all religions except 1. Born as hindu, will die as hindu(can't change)
The superstonk crowd is the absolute worst, if you don't like Richards content or the religion he follows maybe don't watch: I've stopped going to superstonk entirely just so I don't have to interact with you idiots, why can't you do the same?
Good morning Richard Amen 🙏🏿 I appreciate you starting with scripture just as much as I appreciate the TA I found your channel through KGB I subscribed because of the scripture that it’s included 👑
Thanks for the analysis! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). How can I transfer them to Binance?
Didint Jesus throw the money lenders outa the temple. Seems like if you really believed in God you'd be living for that. Not on TH-cam playing the stock market. It's bull shit cope. You have zero evidence for your so called role of speaking for God
It does seem unusual that max pain has been surpassed and keeps rising for.. months now? Isn't the whole idea of the casino is that rarely happens? What market maker can't hedge? Or is it worth losing less for them "trying to survive one more day" because they cannot close their naked shorts 🩳🤔
losing the agnostic crowd with all this religious stuff… has nothing to do with GME
That's perfectly fine with me.
(and not because I want to upset anybody but simply because I'm just doing this all for fun, subscriber count or views don't mean anything to me)
Found the tourist.
Some of his agnostic fans truly appreciate how Richard is with his faith.
I'm agnostic and I still listen. Anything positive is good in my book.
Nope, I'm not religious and I listen - it's thought-provoking, interesting and I like Richards perspective. You can always skip, not watch or wait for AI to mature to the point of being able to create your own bespoke GME related video for you, otherwise feel free to go ahead and make one yourself.
Look, I always skip the religious stuff because that's my belief. But I'm perfectly fine with Richard speaking his mind as well. That's one thing I love most about America is our First Amendment! Being a good person is what matters most to me. We all take our own paths so keep doing you Richard! Thanks for your work on GME!
I'm a devout atheist, not really a fan of the sermon so I'm automatically skipping it, but it doesn't change that fact that Richard's critical analysis of the stonk is top shelf and second to none.
agreed and i like it all , praise god and happiness and health to all
Spot on !
Ima be real, try and keep an open mind. My man's might be right about all of it 😊
Morning RN. The daily candle is called a doji 👍🏻
Thanks!
Let’s go Richard!
Good morning Richard! As a math teacher, do you have a favorite formula and/or part of math you like to teach?
Hmmm great question. To be honest I think my favorite was computer science. What students could create always blew me away.
That's really fun to hear :)
G'mornin Laughing Lion Richard :)
Sending love to your way and everyone here in the comments ❤
The statistical power for a Pearson correlation of only 5 data points is definitely too small.
To make the data truly representative, you would need to include every trading day, not just a small handful. Since there are other factors that drive the price up, you could not expect the Pearson correlation to be more than maybe 0.6-0.7 at most. Anything over 0.5 would be significant, though, as 0.5 represents random chance. I like the idea of using the difference in price at either 1 or 2 weeks out as the signal, rather than 3 or 5 days out. I can try to find the time to do this if I can figure out where the Chicago Exchange data is.
Thanks Jonathan! I believe bob had it in his post as an Excel doc.
🧡
Never change Richard. Your channel is excellent the way it is. Love how you stand up to the haters.
🐐
Richard, love your vids and your commitment to GME and your faith. Loving the verse of the day! Can you pls take a look at the FAQ tab on the spreadsheet as I think some of the text needs a refresh to bring up to date with current thinking. peace and love to you and your family from an aussie OG ape.
🖤🫡🫡🫡🫂- Happy Thursday
Hey Richard, I was reflecting on this video after watching this morning and I wanted to get your take on:
If a 2021 event happened again, is there really anything shorts can do this time to shut it down? Is there a specific closing price that seals shorts’ fate and even in the event of a buy button shut-off that can’t save them?
I know with bad intentions, there’s always weird things that can happen, but I really am curious to see what you think on what COULD happen if we see a requel.
NFA ofc but, fundamentally, technically, and mechanically this thing feels primed to implode.
Volume in 2021 seemed to be the best thing to follow in terms of how/when it was losing steam then, but unsure of what we should be looking out for when something happens again.
Anyways, god bless, thank you for the daily positivity.
Nice, finally moving to trading view 😄
=)
long time listener, appreciate all the different discussion over the year. I don't mind you wanting to discuss whatever is on your mind. I am not religious or any kind of follower, but I'm not opposed to listening to someone talk about something they are passionate about that I have little knowledge of, not having done any of the readings.
Came for the GME, stayed for the real day-to-day discussions.
Is computershare down today?
Happy Thursday, Newton fam!
Wooo almost Friday!!
Stay safe Californiapes
Indeed!!
Not letting someone express their religious beliefs is about as unamerican as it gets. Only a fool would think the Bible doesn’t have valuable lessons that are applicable to daily life, that’s why it’s been resonant for so long. I’m agnostic, keep it up Richard your voice is appreciated. And as they say if you’re encountering resistance or “Ellwyn boars” as I like to call the hired shills, you’re probably getting closer.
You're a legend, Richard. I've been here since before the sneeze of 4yr ago and and GameStop price action (rhythm?) after years is beautiful to watch. I've tested paper trades of recent (otherwise I hodl and 75% DRS) and just buy two or three dips per day and wait two to three days and take my gains and go and then buy back in higher 👩🏻🎤
Have a great day, Richard!
You too!
Richard, I saw some posts on X suggesting that this week's expiry for options was yesterday (for exercising at least) due to the special Holiday. Are you aware of that or do you have a different understanding ?
Don't see how that could be, but I'm learning every day!
If i'm not mistaken that was in regards to daily options. Not weeklies.
Ah yes, I believe it is SPY and other dailies.
Morning sir!!
Hi Richard do you know more what happen to GameInsider, which was a magazin from GME. They closed August 24. I didn‘t heard nothing about it till today.
Ps. You’re doing a great job 👏 greetings from Germany😊
They shut down, unfortunately!
:(
And thank you!!
Nice Pokémon pull bro PSA 10 on these let’s go man. But that in a safe deposit box haha
:D CHARIZARD!
Happy Thursday RN! What a boring day with no GME to watch after :(
Have a great day “off” lol!
PS: The amount of time it takes these people to comment, they can skip over any part of the video they don’t want to watch!
:D Stonk is trading sideways!! :D
I'm in my 30s now, and my sister hooked me up with various packs of Pokemon cards for Christmas. The nostalgic feeling of opening crispy packs makes me want to buy some more now. Do you have any recommendations on what packs to buy if I'm looking for more of the OG 151 cards? Appreciate you per usual - have a good one!
Lets go Richie (soon to be) rich
Thanks Richard🌹
Honor and respect all people. As always love your content !!!
Bomboclat
markets are closed might be why stocks trading sideways lol
👍👍
Thanks for the vid. I watch level 2 streams almost every day since the sneeze. This scratched my itch with the charts. Cheers!
For sure!
Hey Rich, I'm SO pumped for tomorrow and next week, I can hardly focus on my 9-5. Hang in there! Although I may be saying that more for myself at this point haha
Haha so true!
OM Gosh I feel the same
WOW 2:00
hey richard, congrats on your PSA 10 charizard!! that’s a really cool card
Thanks!!
You keep mentioning opex this week but it's next week
Weekly Opex is tomorrow.
Thanks Richard...
I'd love to hear you talk more about puts. What are the pros and cons of selling puts, and how does it help to build a floor. NFA...obviously.
Not Financial Advice, but here's as quick as I can make it -
When you sell a put you're essentially setting a Limit Buy. But getting paid to do it.
So suppose you sold a put for 1/10 at $30.
If price ends the week below 30, you will be buying 100 shares at $30. So in order to sell that put you have to have $3,000 in your account. This cash gets placed on hold basically because it's a CSP (Cash Secured Put).
You get paid to sell this put whatever the premium is. The premium Monday for this was 0.38 per share so $38 for the contract for 1 week expiry. The price is now $0.10.
Possible outcomes:
Price ends the week over $30 = You keep the premium, your cash is no longer locked up, but you don't get shares.
Price ends the week below $30 = You keep the premium, your $3000 becomes 100 shares Saturday morning. So you basically bought 100 shares at $30 - 0.38 = 29.62 each.
Worst case?
Stock plummets to below $29.62. This is where the put buyer wins the trade. You keep the premium and pickup the shares at $30 each, but theoretically you could have bought lower. The put buyer wins the trade because if the stock closes at, say, $28, they made $30 - 0.38 - 28 = $1.62 per share.
@@RichardNewtonthank you pal
@@RichardNewton Well said thank you
💎
🍻
🚀
First!!
doji
Random
Assortment of
GameStop
Enthusiasts
Against the Machine
:D
Richard what is the one completely unreasonable purchase you will make if you have a good win? There needs to be at least one selfish purchase!
I mean, it sounds like he's retiring super-early. That in itself is a massive expense and a massive gift to one's self.
Haha, great question. I can't believe I'm saying this - but collecting the Pokemon ETB (Elite Trainer Boxes) has become quite a hobby. I am hoping to complete the Sword and Shield set but some of them are very expensive.
All those saying he's an aethist or don't believe in God, let me know again in 20yrs or when you're on your death bed.
Have been there before. Just give time. 😊
I respect all religions except 1. Born as hindu, will die as hindu(can't change)
my husbands fav saying... You will find no Atheist in Foxholes! LOL
morning sir
Morning!!
The superstonk crowd is the absolute worst, if you don't like Richards content or the religion he follows maybe don't watch: I've stopped going to superstonk entirely just so I don't have to interact with you idiots, why can't you do the same?
Where are God's prophets today?
I don't know. Very good question.
🐐🐐🐐🐐🐐🐐🐐🐐🐐 You're the goat
Good morning
Richard Amen 🙏🏿 I appreciate you starting with scripture just as much as I appreciate the TA
I found your channel through KGB
I subscribed because of the scripture that it’s included 👑
Thanks for the analysis! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). How can I transfer them to Binance?
I LOVE The daily bible message. Great inspirational way to start the days
Agreed ❤
Didint Jesus throw the money lenders outa the temple. Seems like if you really believed in God you'd be living for that. Not on TH-cam playing the stock market. It's bull shit cope. You have zero evidence for your so called role of speaking for God
Have a wonderful day!
It does seem unusual that max pain has been surpassed and keeps rising for.. months now? Isn't the whole idea of the casino is that rarely happens? What market maker can't hedge? Or is it worth losing less for them "trying to survive one more day" because they cannot close their naked shorts 🩳🤔
What's the equivalent Bible verse of "So you're telling me there's still hope?" 😉🙏🏻
Maybe it's Noah ... Hurry up, get on the Ark 🚀 🤭