WATCH THIS BEFORE BITCOIN DROPS BELOW $60,000...

Introduction and MSTZ Update00:00

It's Ricky with Tackle Solutions on February 23rd. Updates on companies reporting earnings today. Inverse ETF MSTZ (shorting MSTR) is up as MSTR sells off with Bitcoin news. Bitcoin broke below $63,000 today. Ricky doesn't trade Bitcoin or crypto. MSTR is a proxy for Bitcoin price, calls itself a Bitcoin treasury company, software company losing $500 million a year, issues debt at 0% interest to buy Bitcoin. Down almost $10 billion on Bitcoin holdings after buying for 5-10 years. Michael Saylor finding out dollar cost averaging into speculative Bitcoin isn't worth it. MSTR down 82% as Bitcoin tumbles, MSTZ up, cleared over $10K on the day. Open position of 2,500 shares of MSTZ, light position in case Bitcoin recovers. Will trade more tomorrow in live trading session (second link below).

HIMS Earnings Analysis01:30

Focus on HIMS after earnings. Ricky has called out HIMS as overvalued many times, doesn't believe in it but open to change. EPS at 8 cents vs expected 3 cents, revenue miss by $2 million. Sold off 7-8% initially, recovered, then down to $14 support. Called HIMS overvalued at highs of $60-70 per share. Only call that hasn't sold off is Tesla due to Elon Musk effect; Tesla no longer growing as a business. Other calls: PLTR, AMC, GameStop, MSTR, OPN pumped then dropped 50%. HIMS from $60-70 to $15, now down additional 8-9% to $14 lows post-earnings.