I think you answered your own question when you noted that Matlab is "cool to work with matrixes and plotting things". Any application that requires a lot of matrix maths and visualisation will probably be easiest to do in Matlab.
That said, Matlab's syntax feels awkward and shows the language's age. In contrast, Python is a much nicer general purpose programming language and, with the right libraries can do much of what Matlab does. However, Matlab is always going to have a more concise syntax than Python for vector and matrix manipulation.
If much of your programming involves these sorts of manipulations, such as in signal processing and some statistical techniques, then Matlab will be a better choice.
