STOCK MARKET CHAOS (Emergency Fed Meeting & War?!)
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Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
So, what a wild friday we have going on right now, folks, we have so much to talk about at first things were looking weak in the overall market, just because of some recent developments with the fed. Yes, they are having an emergency meeting on monday valentine's day, not a good scenario they're having an emergency meeting because of the recent cpi consumer price index report that inflation is through the roof. That's going down at 11, 30 e.t, it's a like a closed-door meeting with all the fed members, and we don't know what kind of developments are going to come from out of it kind of a nut scenario. It's actually a very much a nuts scenario, then, from there uh it got worse and, as you can see, everything started to sell off even more on some recent developments that we're seeing it was, i believe, first said by pbs, but i'm not 100 sure about that.
Um, but there are developments between russia, ukraine, their whole border situation and obviously the market doesn't like unknowns, and if this geopolitical conflict spills over it could become worse, you just do not know so. I wanted to start this early to kind of get into everything. That's going on, we want to talk about what is or isn't happening with russia, ukraine and all those recent reports. We want to dive into some of the details about this emergency fed meeting, which is kind of crazy and then from there.
Of course, we could take a look at some of the ortex values of short interest utilization, all that so i just wanted to come here because it is hectic. It is crazy. There's a lot of red there's a lot of blood, so i just wanted to really get live even earlier, so we can actually dive into what is or isn't going on and who knows, maybe we can spot some interesting opportunity. So that's exactly what is going down! Someone said twitch is down, that's not good.
Let me double check on that. We should be live on twitch um, i don't know what's going on there, but okay with all that being said, let me hop right over to this. Here we are. The spy was looking a little bit weak and this was it was just drifting mainly because of that fed meaning, and then we got some developments around 1 130 and just like the bottom fell out right there we went from 446 and some change all the way Down to 442., um, 442 and 444.
Is that key level? That's the 200-day moving average. If we stay below it, that's bearish! If we get back above it, that's bullish. A lot of people are paying attention to this 200-day moving average in terms of the queues, the queues we're trying to hold on to 354. uh.
I was watching that level at 352.. It sliced all the way through that it sliced through 350. It came all the way down to 346 right now trying to come back up and test 350, but let's see if that is actually going to play out or not what i find to be very interested even overall, like in all this crazy craziness, i mean take A look at this. You have crypto.
That is very much red. You have the s. P. 500. That's very much red! There's a few green things going on out there um. Obviously, volatility is one vix vxxuvxy, but overall, look at amc up 1.5, even even gme is holding on green right now. So, even with all this, like looming insanity potential like sanity as we're going into a super bowl weekend, man, oh man, uh we're seeing a bunch of red, but the two green things on this watch was a little bit. Cfei was trying to hold on recently went red by six cents so that one might pop green too, but amc jimmy cfei uh right now, with amc and jimmy being the main ones holding green kind of interesting to see when the spy's down 1.7 percent, the queues Are down 2.8 and the russell is down 1 wild wild wild um? I i saw that adam aaron tweeted.
Yes, we can get into a little bit more detail of that. I thought it had some weird like wording and then i looked into the sec filing to see why he had to legally word it that way. But basically he said he had an interest in two point. Whatever million shares, i looked into why he had to say that it's because right now he was ju.
He personally has over 200 000 shares at this exact moment in time, but he was saying he has an interest because he's talking about, like future equity grants uh that is apparently part of his current deal. So at this moment in time he owns shares about 200 000, but then he also owns the right for future vesting. So that's why he couldn't say he owns them because he has an interest in them and he's referring to his like future grant type of thing. So we just had to look into like the specifics of that um.
I don't know why twitch is down. Twitch should be up i'll see. If i can look into that see what's hanging on. Let me double check that right now, um, i don't know.
What's going on there, anyway, um? Okay, i wanted to get into this. So with the developments of russia we're seeing oil go through the roof, oil and russia, they kind of go hand in hand really. Oil is like kind of a gateway to getting energy natural gas. Crude oil to europe um, actually, it accounts for a pretty noteworthy percentage.
So if this situation gets worse, yes, supply can be constrained and you never know how they're gon na deal with it. I'm looking for oil to go higher and higher and higher i've been beating that drum ever since the start of this year. I think oil will easily exceed a hundred dollars a barrel easily and then i think, honestly by this by the end of the year. We might be, or at some point throughout the year, seeing 120 125 - something like that so pay attention to oil and crazy situation there.
So, let's get into it official from a nato ally. Tells president biden told him today that the us does believe vladimir putin has decided to attack ukraine next week earlier tweet from cnn. So that's pretty crazy. U.S officials believe russia's action could start as soon as tuesday, uh uh and include a provocation. Provocation provocative provocative provocation. Provocation: provocation, that's weird in ukraine's donbass region or an attack on the capital. Kiev, ukraine's official warns. Russia has 48 hours to explain military activities on border crazy, crazy, stuff, u.s national security adviser says russian forces on ukraine.
Belarus border show they are in position to launch an attack. U.S national security adviser says russian attack would likely start with air assault. They're telling everyone to basically just get out. U.S citizens, japanese and other russia or european citizens are all told to get out as fast as they possibly can.
Tensions are getting high. Has it gone to an official announcement? No, no! No! But it's honestly just like these concerns enough that are causing the market to vomit, and it's also what's causing um volatility to move so uv xy. Those calls volatility of the s p 500. Those are working out pretty well right.
Now the market is still coming down and it's part of it the recent one like when it really started going down from 130. It was all from the reports of like the looming tension situation with russia, ukraine, no one knows what it is or isn't about to. Like become um, crazy, crazy stuff, the us believes russian uh. President vladimir putin has decided to invade ukraine and communicated those plans with the russian military.
So that is all one conundrum, the other one is this: inflation surge sparks aggressive bets on emergency fed rate hike, so on monday, valentine's day there will be an emergency fed meeting these happen, but they're still somewhat of a rarity. Typically, you only have eight fed meetings throughout a year and at least this year we're having at least nine the reason they're having this meeting and there's one thing on this closed meetings agenda and that one thing on the meeting is rate hikes they're talking about inflation. So, basically, coming off the consumer price index on thursday, coming in at seven point five percent year over year, point six percent, which be the point four percent consensus. Uh inflation is hot.
It is white hot super super hot, so because of that they're having an emergency meeting about rate hikes and the rate hikes is one way you can battle - inflation, um and they're - it's obviously a hawkish shine. We already know that they're going to start stop the tapering at the start of march, so even right now, with that inflation, they are so currently buying the tapering doesn't end until march. So it's kind of crazy that they're still injecting liquidity into the markets as we're speaking with a four decade: high level of inflation, that is wild, there's a lot of assumptions of what this meeting will or won't lead to. Let me read this over: the cme group's fedwatch tool now suggests an 88 chance of a 50 basis, point rate hike when the fed meets next month up from 33 last week, following data from the commerce department showing january inflation sped to an annual rate of 7.5 Percent the fastest since 1982. um things got a little hairy yesterday, when bullard uh, the saint louis fed president started talking, he also has become dramatically more hawkish as a result of inflation and wants the fed's base lending rate to be one percent higher by june. Other people are saying: okay, one percent by july, and he's actually coming in even more hawkish on that a move that would require three consecutive 25 basis. Point increases. Goldman sachs, meanwhile, is now forecasting seven hikes from a previous estimate of five before the end of the year in order to tame inflation pressures that are unlikely to ease for many months.
So clearly, inflation is just boiling over and they are doing everything they can as in like the fed, even though they told us it's transitory, don't worry about it. We totally got it under control. Well, as you can see, they obviously do not have it under control. It's the exact opposite of having it under control.
They have lit this wildfire burn and it is out of control, so they're gon na have this. I guess emergency meeting i was reading some commentary. Some people believe no way no way are they gon na? Like do a rate hike, other people are saying yeah. It actually makes sense.
So, instead of doing a 0.5 in march, they might do a 0.25 in feb and then like kind of spread it out like april and then june and we're at point seven, five or maybe somewhere in there or maybe like a point, two five, a point. Five and a point: two five: there are various things and that's what we're all kind of waiting for to see what comes out of this emergency meeting on monday and then on tuesday. We get the producer price index. So, on thursday, yesterday we got the consumer price index the cpi, how much it cost for just like consumer goods like those have been going up and up and up 7.5 year-over-year, it's costly to just buy stuff and now with the producer price index.
That's how much it costs the inflation in like materials is probably the best way to think about it. That comes out on tuesday. So that's a lot of crazy stuff, so monday, crazy meeting with the fed emergency meeting, tuesday producer price index and then on wednesday. What we're going to get there is the fed meeting modes from the previous fed meeting so the last time this happened is when we're taking a look at the s p.
500. The meeting was on december 15th. We got the notes on december 5th. They were talking about a balance sheet normalization, a balance sheet runoff, and that was not.
That was in the notes, but it wasn't actively discussed so from there. That's actually what led to this sell-off. So this time around from the february meeting uh, we are or technically late january, we're now in february getting the fed meeting minutes like the notes from those that's coming out on wednesday. So really, overall this weekend you have to be concerned and paying attention about the clear tensions between russia and ukraine, and what in the hell is the u.s going to do? Then you have an emergency fed meeting, then you have the price producer index and then you have the meeting notes which the last time we got with those that prompted a sell-off so right there that's four separate things: massive unknowns that all clearly relate to the overall Market and depending on the ways they do or don't break it's going to produce absurd volatility. I don't know how to be more clear about that. It's going to produce insane absurd volatility and we got to pay attention to it. The s p 500, as you can see, is now below the 200-day moving average. As i stated right here, various things that i did or didn't want to do.
I was trying to prep everyone for reading this um. As discussed. This was the cpi. On thursday, inflation came in hot fed needs to be more hawkish to battle.
This is less accommodative for the overall market stonks down, so i came into it with a little bit of a bearish bias. Um, cpi inflation measure came in hot will most likely make the fed more hawkish not ideal for socks. Uh stonks because of the cpi report, i'm watching the 200 moving average 440-ish on the spy, if it bounces i'll play that if it breaks down i'll play that 100 did it. Making some attendees right now expect big news.
Next week the ppi another inflation measure came out on tuesday and the fed meeting minutes came out on wednesday. The last time we got the meeting jan 5th. The markets went red because they discussed balance sheet normalization very hawkish. So now, on top of it, we have the emergency meeting on monday and also potentially looming war.
All these are unknown markets do not like unknowns. So before all this got hey wire three hours ago, i posted this play uv xy call march 4th strike price 20 premium. I personally paid was a dollar. Those are currently up.
Thirty seven percent this particular play in the matter of three hours, has more than doubled. Uh and then right here i just wanted to brag about it. Uvxy calls and spy puts printing the uv xy calls are right here spy. I just told everyone that hey.
If we do not hold i'm going to go down, if it breaks below that 444 right here, if that breaks down i'll play it all these types of plans, if i'm not live with you, i'm keeping everyone updated here, uh, it's just on macwars.locals.com check it out. All all of my ideas and stuff, especially when i'm not live and kind of the morning, breakdowns of what i'm looking for for the day before that market goes ding ding, ding, ding ding. I do post it all here. If one of the mods can post the link, that would be awesome um. So that's the craziness. In this scenario, i think it's hyper hyper impressive, that amc and jamie are still green and then now pretty much. Everything else is red with cfei almost going green. So i'm liking that amc holding on volatility very much moving up.
I got in right around here around 14 - i don't know 60 ish 50ish. Obviously that was a nice pump and then i still have through the futures market uh. I sold the contract on the spy and i sold two contracts on the queues now in most normal situations, um okay, wait someone's asking for the link here, i'll just post it uh. If i, if you're on rumbles, it's literally the red button above you and then, if you're on um youtube, i just posted it.
This is a wild situation, folks, and this comes back to um, actually things that i'm always trying to hammer home here. This concept of you always always 100 have to have a plan, don't just buy and or sell something and then be like okay. I wonder how i'm gon na handle this. You should have that plan before so.
For me, i looked at. I was like if we break below 444 the 200-day moving average that i think that's bearish. Okay, it broke below it. I saw it try to come up and test it didn't break through.
So i took a bet against the spy and then earlier than that, i got u v x y calls, and that was more because of the fed meeting and i'm like well. The fact that they're having an emergency meeting tells me that in an emergency, they need to be more hawkish if they're, more hawkish, that's less accommodative for the overall market. I refuse to get out of some of my core holdings: amc, gme, bitcoin ethereum. I know most likely in the short term, they're going to be under pressure.
So the way i keep my account flat or even in the green is through some hedging, as in spy puts as in uv. Xy calls there's various ways to hedge. Your overall account, you should not simply be all in on one thing, because that means when opportunity arises, whether bullish or bearish, you are not able to take advantage of it. Hey matt! I live across the pond from hudson and was doing some dd on the ice fishing.
I found some interesting stuff. Do you have a junk email or mod? I can trust with this info frank yeah. Actually there is a media. Email feel free to send it because i would love to invest in some ice shanties for sure need to get me some ice, shanties uh all right.
What else do we have going on right here? I almost played uv xx this morning, ben you would have made a killing i'm up 2k on you, vxy yum free the republic, hey. I have no idea if you got that uh concept, that idea from locals or not - but very very that's, awesome seriously. Congratulations! Um! Medals yeah oil is going to be going up, gold's going to be going up. Some of these, like commodities, are going to well.
You have gold and black gold and digital gold - digital gold's weak right now with btc, just because of how it's tied to the nasdaq. But um gold itself and oil are going high high high right now, so you could be. If you don't want to buy the commodity gold. You can look at things such as like gld is an option. Gld right here, up two percent and moving uh. Then there's is it hyg is this? Is bonds bonds are going to be going down? What was the copper one? There's a copper, ah man, it's escaping me right now, but like the way you could use gld and get exposure to gold, there's another one for copper and for silver um that i usually just trade, copper and silver straight up. That's why it's escaping me right now, but those are most likely doing. They're, probably green.
I haven't checked in on them. Gold broke out of 1850 man, any uh defensive player. Oh oh raytheon, lockheed martin, boeing um. What's that, like fire net or cybernet, some cyber security plays all of those at first could have like the very very short term could have a negative reaction, but depending on how this does or doesn't go with russia uh, they could actually end up bouncing and ripping.
Potentially, first, but once again raytheon, boeing lockheed martin uh, there's various cyber security plays that could all potentially go to the upside depending on how this does or doesn't play out um. What else do we have going on oil um, you could do uso is one if you're looking, if, like you just have a stock account uso, is pretty solid exposure. United states oil fund, if you think oil is going to keep going, there's also gush, i'm not the biggest fan of that. What is this one um daily s, pv oil and gas 2x? So, actually, if you want to play a leveraged one, you have gusho uso and gush or for oil glds for gold um.
You want to play volatility, you could look at vxx, you could look at uv xy. This will move inversely to the s p 500, which is still hanging out below its 200-day moving average there's, there's quite a few options, i'm not saying one's the best or the worst. It's just like. What are you particularly looking for, but we are in a moment where the spy is continuing to know of a scythe.
The nasdaq is continuing to nosedive um uvxy. I thought it would actually be pushing 1750 again, but i just i know amc is not moving much, but that actually tells you relative strength. The fact that everything's nose, diving and then amc is just doing its best to go flat. That's actually pointing out to you relative strength, um.
Let's look at some of these other ones. Just to see lmt, i believe that's lockheed. Martin lmt is actually up on this news. Hey it's going to be a war profiteer.
Uh raytheon, uh rtx is raytheon. This one is kind of break even coming back so lockheed martin up the most uh boeing is ba this one's actually going to be down, so it looks like lockheed's doing the best razeon number two uh. What was that fire um fire net? What's that cyber security play cybernet, i know one of you has to know it. Um, here's a cyber man. What's that there's like a net, i iron net net cloud flare net. That's it um. So this is another one. This one's currently down 8.8 percent um.
So cyber security lockheed martin defense plays those are like where your mind should be at. Maybe you want to play volatility? Maybe you want to play against the market. Those are all things that are at least worth consideration. You could play gold, you could play oil irnt iron net, that one's down 12.
There's like a bunch of these core tech plays. I mean look at the nasdaq in the bottom. Left of your screen, core tech plays, are getting pretty, beat up right now, uh. What else did i want to look at all right, we'll go back to amc for a second gme is actually holding green as well uh.
So the only two green things on my watch list: wild wild wild war machine gearing up. Oh crazy, crazy, crazy, crazy, hang on! Let me check. I just want to see if there's any breaking news, just wanted to say. Happy friday, i love you all happy anniversary man, i'm still trying to send you two nfts to have the best weekend: okay, kinky kong.
I'm gon na write your dame down right now, so i make sure to send you my wallet, kinky kong wallet. Honestly, if you gave me a million years - and you asked me what are gon na - be the craziest statements, you're ever gon na write under your to-do list, i don't think i would ever have written, give kinky kong wallet uh, but here we are and that just Kind of highlights how crazy life can actually be. I just had to write down on my to-do list. Give kinky kong wallet um, so there's that there that that's a thing that has now happened.
Oh this is hilarious. The karen, i do have an update, a very quick update for you of how the insurance has played out today. Um - and this is kind of interesting, but not obviously, the resolution i would ever want uh. I called them because of course, they're supposed to call me.
I was like hey, you can call me between 11 30 and 1 30.. I will make time for you i cancelled meetings. I was like. I will be free in that two-hour window call me it got to 115.
They didn't call me. I was like they're not going to call me so i called and i called, and they got me to the department i got disconnected. I called back. They got me into the right department.
Disconnected again after the lady told me, she wasn't the right department and would get me to the right department. So i'm already disconnected twice and i called back and i was fuming. I went full care and you could almost see my hair go blonde and get a bob cut. It was nuts like i i was transforming.
I could feel my body actually changing into like a physical karen. So i'm talking to this guy and now this is the third individual at cobra who i've had to like explain all this to and he's like, like. Oh i'm like and i started off. I was like dude you're gon na get to the point where i explained it all at first you're gon na. Like argue and say, i'm wrong, i'm gon na explain the story. You're gon na be like yeah you're right and i just really want to know why there's not a supervisor and i'm like. Well, you a supervisor, didn't call you because the case isn't closed and i was like yeah, but the case is literally. The case is for a supervisor to call me so like inherently to close the case, they would have to call me, which is what you're saying they can't do, because the case isn't closed.
Like you see this catch-22 he's like yeah, i guess that kind of makes sense. Well, maybe it's this well like what time is it for you and i was like well it's 1 30. and he's like well we're on central time, so it's only 12 30.. I was like yeah, but what does the ticket say he's like? Well, it says 1 30 et, i was like you know.
Et means like eastern time right. That's e.t he's like yeah. I guess that makes sense. He's like well they're not going to call you unless the case is closed, but i was like the case is for the supervisor to call me, so it got out of hand, and it was almost time for the crypto stream and i was like dude.
I have like a minute to go. I can't talk about this he's like well i'll, put in your notes that they should call you - and i was like do you have a day that they might call me? No. I was like okay, so that's insurance, that's how insurance works out. 10 months love.
You buddy shout out club foot billy, so there we are. This is why i hate the health insurance industry and i am going to short it. I will short the health insurance industry until it goes to absolutely zero. Okay, it would be so cool.
I know we have about 30 minutes uh. It would be awesome for amc and jamie to actually hold on green for the day. I know the the overall markets putting it on so much pressure. I mean the queues are down three percent that is kind of crazy um.
Yes, okay, so people were asking me: oh, we already kind of discussed it a little bit, but right here, um, adam aaron did tweet. Let me read the tweet to all of you. Uh in january, the officially reported short interest in amc rose by 13.8 from 94.8 million short shares on december 31st to 107.8 million short shares on january 31st. I still have an interest in 2.3 million amc shares, so i hope those short shellers are wrong wrong wrong.
Only time will tell um, of course, i don't know - i'm actually super hesitant to talk about this because everyone, this crowd it riles up and it gets them all excited. First of all, what do you mean you? You hope you hope. The short sellers are wrong wrong: wrong: dude you're, the ceo of the company - i i i don't want this hope thing, you're, the guy who's leading the company that we're betting on. I i i don't know, like i'm very hesitant, to talk about it because the last time i talked about this whole adam aaron thing being put on his pedestal, remember he needs us far more than we need him. The last time i talked about this people took it out of context and, like oh my god, not against us, they sounded stupid. They sounded absurdly stupid and then people actually watch the clip and they're like wait. No matt's right, we did save the company so like i don't want to talk about it because, like dude, i hope you're, the ceo, i don't have time for hope. You know.
What's going on with amc, we saved your company now help us out do better with the company you deluded into us. You personally sold stock. What the do you mean? You hope i i just don't get it. You hope they're wrong, tell us that the shorts are wrong.
Give us some confidence in your company. Why is he saying that he hopes the shorts are wrong? You just hope if there's one person on this planet, that knows if the shorts are wrong or right, it's the ceo of the company, i'm already getting flustered about that. I don't want to talk about it because people are going to take it out of context like i just they're going to, i don't know they're going to all take out movements, no dude he's a suit. He is a suit he's not he's already a multi-millionaire.
Ceo part owner of the 76ers, he is not a retail person like you or me. This pedestal, pedestal concept is crazy, he's another suit, i hope he's a suit. That's on our side. I very much do but to say he hopes that they're wrong.
I i don't get it, i i just don't get it and i don't know i still. I have my shares and i'm i'm confident in the play, but like it was such weird learning and then for also for him to say he has an interest in how many of her two point, whatever shares. Why not just say you own it? Well, he can't say that, because he doesn't currently own those shares, he owns over 200 000 shares and then what he owns is like a future equity grant depending on his performance. So right now he's he doesn't have all of those stocks in his name.
He has a future equity grant plus 200 some thousand shares and i guess, like a whole bunch of hope. I just don't get it. I mean whatever you are correct, matt. I know i am but, like i looked into this and like people were like, oh my god how can like and if go look at the responses.
On my most recent like question, i was like what does it mean to have an interest as if people don't think i know what having an interest means seriously? I've been doing this for a year. I've been in the markets for a decade. I know damn well what i'm saying like this. This is just crazy and they like just i i don't get it they're, putting a guy on a pedestal when he should be putting us on a pedestal.
Hey if one of you assat keyboard warriors, are listening right now clip this particular segment. We should not be putting adam aaron on a pedestal. He should be putting us on a pedestal. We saved his company. He needs us far more than we need him so to all you like face keyboard warriors. That's the part. You should clip right there like day in and day out. I will stand up for all of you watching the average retail person, but to think that i'm gon na sit here and argue and defend a suit that, as if i give a about that, i care about what you're doing the person who scraped together what they Could to get their hundred shares of amc, not a guy who has an interest in a future equity grant of two million shares that these keyboard warriors, i'm so sick of it.
I like they're so wrong they're, so dumb and they're gon na stand up for a person who they don't even know the situation uh and in token at google it. Mr matt, i accidentally copied your view of exploit call for march. I'm up 125 percent. I don't know if i want to hold this because the spy is falling right now, i'm printing, hey all boogie.
If you ever have questions about what you're doing when you're up money, lock it in seriously like if you're ever like, not having confidence in it. That's what you should do like if you're up money and you're like i don't know how i feel lock it in lock it in lock and lock it in use. The curse word have a great weekend. I mean my friday streams always end up getting demonetized.
It's just like how it goes, but if you want to see like how unconnected people are like seriously go look like at the responses to my twitter like seriously, these people are like no, he has that many shares. No, no, he doesn't actually like it. You can see the sec. This stuff is open to everyone um it's.
There are too many peoples whose voices are being heard who it's scary, because they have no clue what they're talking about. That's scary, am i saying i know everything? Absolutely not. I probably get things wrong on a weekly basis, but when i get things wrong, i explain it. I delete the video where i got that thing wrong.
Does anyone else do that? Have you seen anyone else in this community if they get something wrong? Take that tweet down apologize and delete a video. Has anyone else done that i feel horrific when i get something wrong because i know so, many people are watching, and i know so many people like care and weigh my opinion out so with it. It's just there's too many people that they're starting to show their colors exclusively. What they care about is not necessarily your success.
They care about how much they're like and they care about, like their views and they're like social cred. I don't have time for that. If i wanted to, i could trade by myself. I could hang out in my discord.
I could hang out on my locals. Hang out with those people take way less and make good money, but i don't want to do that because there's the average person. I don't like this concept of like hiding behind a paywall. There are so many people who i want to help where i understand the cards that life dealt them. They don't have that extra, whatever dollar or whatever, just any money. They have no extra money to spare to like get into locals or anything like that, and that's why i want to keep doing this for 100 free because that's the audience i want to help. I truly believe in my heart of hearts that wall street markets are the best vehicle ever created by man to move up in your social economic class. And i would not take that away by just like hiding behind a paywall, because there's some dimwit with single-digit iqs, who don't know what they're talking about i'll block them.
I'll move on with my life and i'm just going to rock with you. People who actually care about the markets who actually care about learning the truth of this situation and aren't just looking for confirmation bias and also don't just like arbitrarily put people on a pedestal when they're, like hey uh. I think i'm supposed to like him, because twitter told me i should like him be greasy. Shout out.
That's my point. You said a bad word. What's going on kinky kong, all right spy still coming down, i am riding some serious future plays to the downside. Am i, though, i'm confused wait? What time is this uh? This doesn't make sense.
I guess they closed one of my positions on me. I don't get it. I don't get it. I don't get it.
I don't get it orders. I guess i'll have to call about that. One guess we'll have to call about that. One uh! Oh my producer's texting me while i'm live, i'm probably in trouble, i'm probably in trouble.
Maybe maybe you shouldn't accost your audience, man, here's a here's, a content idea! Don't yell at your audience uh it happens, relax matt, have a pint and enjoy the weekend doug. Thank you. I appreciate it. I'm actually feeling good the thing that upsets me.
The most today is very much the more of the insurance situation. That's a debacle uh. How is this going in the queues my week? Isn't right until matt corson cost me? I don't feel whole producer, don't you mean mom yeah, your mom can be your producer. Oh man, i can feel more.
Wrinkles forming bono bow. Bro. Bono, bow bro. Bono, bow bro.
What name is that whatever it is, i like it he's an angry health call me off one more time. All right, amc just went red on us by two cents, but jimmy holding green. The one green thing we're seeing right now, midnight run shout out. I say yell louder, clubfoot billy, what's going on man all other streams talking about you ranting, there's people talking about me ranting, i guess imitation is the best form of flattery matt me kevin said this meeting was already on the schedule.
I believe it got scheduled if you're talking about the fed emergency meeting. I believe the announcement came out yesterday, like last night, was like the first time i maybe it was on before i'm just saying it came like across my world last night. She did produce you. Therefore she's your producer, do you think a is trying to say something else? I don't know. I just wish he said a little bit stronger verbiage than hope, matt, i'm having a ball on twitter, wolf of sesame street. Your responses always put a smile on my face. Always always always put a smile on my face: bono, bro, bonobo, bro bono, bow bro, bonobo, bono, bro, some of these user names. How do you guys come up with them? I'll loan? You, my shanty for the weekend, it'll help your blood pressure.
Now, how many people decided that they're going ice fishing this weekend? Uh weird funny question, but if a can of arizona i see goes for above a dollar. What does that imply for the market? You know a couple of years ago. I actually saw arizona, i see getting sold for more than a dollar um and i didn't know that was lucky or legal, not lucky the opposite of lucky, but i still question on. If it was legal or not doc, my username was impossible to come up with great questions, so the spy still getting knocked gme.
The one green thing literally, i have nothing else, green. The other green thing will be volatility like if you check out volatility uv xy. This thing is going to be going through. I'm actually surprised it's not above 1750 right now, so i had oh, i wonder what happened? Okay, so i had one future against the spy and two future contracts against the qs.
They closed mine against the spy. They must be upping the margin requirements. So, even though i was in profit because i got into the short here, the margin requirements on the contracts must have gone so high that they closed it on me, even though i got the call right, that's crazy yeah. They locked in one of my trades.
That's absolutely nuts! Well hey, if you're still in uv xy, that call that we posted on locals it's printing, it's up 145 and then also the spy spread that i gave it's up. 44. So i mean between those two like one contract of each you're you're, crushing it like, if you did one play on each of those. How many do i have of these i'm trying to do the math myself a hundred on one of those per one and then on this one 20., so you'd be up 120 and you had to have 65 dollars for the other one and 100 for the other.
So out of 165, you would be, i mean you're, crushing it right now, that's nuts! Well, those are all posted on locals. Just so you know the spy's still coming down it broke through 444. That's the 200-day moving average. If we stay below it, i will remain bearish on the overall market and then the cues are looking like this um.
I know there's weird support like very strange support at 444.50. In this whole, one two three four five day debacle that was oddly important, 444 or 344.50 on the qs, but below that i really care about 340.. What else do we have hey take a chill this weekend and play gorilla tag this weekend with me and the boys in vr gorilla tag? I don't know what that is, but that sounds fun i'm down for a little bit of gorilla tag. I also need to be counting my tendes from the the spies that they locked in. How do they do this to me, so, just to give you an idea, i took the short position at 9 40 on the first one, so i went right here. I bet on the futures market not through this buy uh, and then they got me out at 15 30.. So they got me out at 2 30.. Is that right? They got me out right here on this like little green pop up to 441 well, and i obviously entered the position, but why did they? Why can't i draw my circle? That's where they got me out on the the futures account.
They must have upped the margin rates so from there all the way down so hey. Obviously, i wish i was still in it. I wanted to write it to market close, but, alas, here we are, alas, uh. What is this website? You keep talking about um here.
I guess i could just pin it to the top of chat. If you want true trading here, i'll just pin this to the top of chat it is. There is a free option, there's also a 10 a month option and then there's also a hundred dollar a year option um, but also don't forget. After the market closes at 4 4 at 4, 30 um, they at ttg mike, won't be doing a full breakdown of what the fed meeting does and doesn't mean.
So let me give you that one as well links links, links or i'll do that right at market. Close i'll make sure to give you this link. Uh got my tickets to rec city, bring it temp chaos coming in clutch. Okay.
My question to all of you who made money today, either on like on some form of a bearish bet, a spy put a q. Put a uv xy call: maybe you sold a bear, call spread uh who made money today who is currently up in the market insanity the market volatility? Ooh amc just went green again, just so. Everyone knows uh, but who's making some attendees raise your hand brag about it. This is your moment to brag everyone's allowed to brag here.
I think too many times in life, people don't like people who brag, but not here, brag about it. I love to see the fact that you guys are all making money. It makes my day nvidia put iwm put printing amazon puts were printing uvxy sqq 6k puts on piton cash out 43 on uv xy calls man look at the people, locking it in to close what a way to start your valentine's day weekend. I don't know who it is, but there's going to be a lot of partners on monday that are happy because you're, like ah we'll, buy the better steak.
Bitcoin scalp, printing oil, oil hexo, oh down, 16 cray, that's not good! I hope you can make that back. I got flagged for being close to pdt, so that was scared to enter a position made 20k and silver made 11 today, uv xy up 150 percent uv xy calls those ones that was a good play today. That was a very good play, made three percent hey better better than losing three percent uh. I signed up for ttg last night and made my entire investment back on a few spy puts right there already paying off in one day in half a day in 12 hours, you're already paying off of ttg. That's crazy, congrats man lock that in be happy have a smile on your face. A smooth brain, a peers still don't fully understand options that hey that's completely fine um just get started, so i would recommend, starting with a paper account. Don't use quote unquote. Real money.
Use a paper account fake money and uh if you need a place to start just to like learn. The terminology, like i'm not sure like where you're starting at on this channel. There's a playlist um options, tutorial or option basics or training options, or something like that find the playlist, and that will be like perfect for you, if you're like very if you've, never if you've just heard of options and you've never touched them before and you're, not Really sure what you are or aren't doing, um but you're, that's where you're going to want to be, and it's free so like if you're like hey, i don't know if it's for me, i don't really want to spend any money. 110, on till ray puts still studying options that the more time you study the better um.
If i started, i was a little overconfident and i started with um trading real money before i like knew as much as i should have, and i blew up my first couple accounts as in like they went to zero all right. Let's see how this is going bought a put contract at 22.22 yesterday announced 240. wow 10x. If you bet a grand you'd be up 10 grand uh using a paper account has taught me a lot.
No, that's that's a very, very good methodology. All right we're getting a little bit of a pop into clothes. Here, a little bit hang on. What's going to go on, i'm just watching the cues right here in the close, trying to figure out what is or isn't happening, what is or isn't happening, what a crazy crazy crazy day.
This volatility is just through the roof um all right. We are into the final 10 minis 10 minis. Well, if you're making any last-second yolo decisions, you got 600 seconds to figure it out. Let's see, if there's any developments, uh president biden poon to talk over the phone on saturday.
Now this is an interesting uh-oh. Tradestation margin department you're receiving this notification, because the following urgent message has been posted in your tradestation account to access your message in tradestation margin call notification for futures, that's wild. This is how much margin is getting jacked up. I'm my current play.
I am up. Seventeen thousand dollars my portfolio was in the green and that's how much they're widening their their worry about. What the hell is happening. Um i am up 17k and i'm getting margin called that's. What i'm telling you is like the world of mar or futures and margin is absolutely ridiculous. I am against the qs. I am against the spy they already covered. One of my spy positions and now they're gon na force cover two of my nasdaq positions, even though i'm betting against it and i got in early and i'm up money, i'm up 17k.
That's how much they increase the multiple of margin requirement: wild wild wild wild. That's that's uncanny, that's nuts! Well, it is what it is. Let's i'll, let them cover it for me them them if they think i'm gon na cover, because they want me to cover i'll make them cover for me, but yeah, so it sounds. Like biden will be speaking on saturday, so anything you swing over the weekend has absurd risk.
It has absurd risk. Over the weekend, i locked in made 300 on uv xy call uh 181 out of almost 500. Today, all thanks to you, remember matt. You taught this man how to fish all buggy that puts a big big smile on my face.
Doesn't uh, don't they charge an extra fee to close your position for you yeah, usually for it to close it's a dollar fifty and when they close it, it's fifty dollars, but uh, i'm already in full carry mode. So i'm gon na call them up and be like. Are you kidding me um, but you are spot on? They do charge you more if they're closing it, which makes me wonder, should i that's the question. Um is like what is going to play out over the weekend.
Really, that's the million-dollar question is: do we think things are going to calm down and there's going to be a massive gap up or are? Is like insanity going to ensue? You just never never know you never, never know, there's going to be either a gap up or a gap down come well. The futures market opens at 6 00 pm et on sunday night and at that moment, and probably when we wake up for the bell to go ding ding ding ding on 9 30 on monday valentine's day, there's there's going to be some big gap. I have no clue if it's a gap up or a gap down, that's the question and i wish i knew it was so i would know if i should hodl this over the weekend or if i should switch like i, you just don't know. How do you know what to do? This is something that's like so wildly far out of like any fundamental guess like this is a bet on two people.
What in the world is gon na go on with that conversation between biden and putin on saturday, it happens on the weekend. Our hands are tied. Um, i don't know. I guess i can always lock in some unless they're about to force.
Lock me in we're gon na find out. If insanity comes, it won't matter how much money you have that's a very reasonable way to look at it. Yes, hey! Oh man, that's funny! You guys crack me up. Crack me up.
Uh hang on one. Second, i'm perched uh check what pelosi is doing. That will give you your answer. Unfortunately, she has a 45 day window, so anything she's trading right now, uh it doesn't have to be reported for 45 days and then technically, there's also an additional 45 day window, where it doesn't have to show up on the database, amc or text update. Happily, happily, happily, 22 percent utilization, 100 percent cost borrow 1.5 percent. Congress should be a one-day report, i think so, but that's apparently not what they think, apparently not what they think all right. So we got some buyers coming in to close, but it looks like we're still clearly below the 200 moving average on both the spy and the q's, and it does fortunately, look like amc and jimmy will end in the green cfi will end in the green d-wack. Will end in the green, very interesting group, so we have some alternative tech plays dwax, cfei, green amc, gme green everything else, not green kind of crazy to see how this does or doesn't play out.
Um run away with your extra 18k well in the insanity here. One got covered on me, which i don't know if i can really complain about it, because it was right here. So if it's above it i mean, i have to close all. I either have to close all three or if i want, i could technically sing swing.
One but man the requirements, went up sky high, the to hold these future contracts, and once again, these are all just like future contract stuff, nuts, nuts nuts, absolutely insane. You know some days when nothing's going on. I look at all these video game streamers and i'm like man that sounds like fun. You get to play a game.
People are having a good old jolly time and then there's days like today where i'm like man, the cool and action stuff's actually on the market. So i guess everyone always looks at it as, like. The grass is greener. On the other side, i'm 44, someone won't be in the front line, feel free to 20 and 30 year olds, stuck in the trench in ukraine.
Let's hope that it doesn't come to that. You know your twitch crypto stream is still up how that has to be a weird mess up. Thank you, cootery uh. I don't understand what is going on in twitch right now for this game.
Ah, we'll have to figure it out later, we'll have to figure it out, but we do have about a minute left: uno momento me: amigos: uno, momento, uno, momento, uno, memento, wild wild wild. What a wild friday putin tries to open the door matt kicks it down and says by the way daryl world peace achieved, go away, daryl all right! I guess i need to lock in one of these technically on the futures market. For like margin, you have till 4 15, so i don't technically have to get out right in the next 30 seconds. I just wonder: if there's going to be an on market flush like on market close market, enclosed moc, because i got ta get out of one of these cause, i had a margin requirement.
Do we swing him folks? What's everyone? What's everyone thinking? Will the market gap up gap down? I need everyone's guess gap up gap down. Tell me about monday morning gap up gap down. What's everyone's most informed, ding ding, ding, ding ding, the casino is closed. Uh gap up gap down how's everyone feeling daryl, stop saying my name: gap down up up down down up up up up up red up up up up up up boom boom up down down down down up down down down down down down down up up up It kind of seems like a split audience, if i'm being honest kind of feels like a split audience. Where are we going with this? Where are we going all right? Well, i locked in the other one document. Ah, what a wild all right! Well, i locked in two of those three and i still have the uv xy calls and i still have the spy bear, call spread um. So those are all of my live positions. Yes, i will update all of you.
Uh on locals make sure you're checking that out. It's pinned to the top of chat, that's where we're posting everything before the market during the market, especially when i'm not streaming and if you're there and you have your own dd, your own trade plans post it. Let's build a community, this is our community. Let's make it as awesome as we possibly can, but folks that is it.
That is friday. It's days like today that on fridays i usually say, hey hang out with your friends, hang out with your family, but i feel like it is um appropriate. Hang on. I feel like it is appropriate on a day like today that maybe it's it's a good time to take um, to take notice to take stock of the positive things you have going on in your life, because there's certain people a whole group of people right now.
Today that are literally scared for their life. They have no idea what's going on, there's kids, that are scared. There are parents that are scared, there's parents that are scared, a lot about their kids. They don't know what's going on and the fact that we have the opportunity to sit here and talk and, like you might appreciate it, be like yeah.
No, i get it sometimes life sucks for people um. Maybe it's it's a good time to take stock and look back, be like hey, no matter what your problems are, there's a good chance that in the like the scale of life and the scale of what's going on, it's probably pretty good to be you right now. Um so overall, i think it is healthy from just a human perspective, a psychological perspective, to take that step back and be like you get it, and i'm not saying that your problems are like invalid and you don't have to pay attention to them whatsoever. But i think sometimes um understanding.
What's going on and like more of a global scale, you most likely have it pretty good so enjoy that time. Maybe make this weekend a little bit extra special with your friends, your family and uh. I will be around we're gon na do some streams i'll post some vods. I hope you enjoy watching the super bowl um so i'll be around this weekend and then, of course we're back to the normal schedule on monday next week, it's going to be wild monday, tuesday, wednesday, going to be crazy. Volatile has a lot going on and then on next monday, the monday after that uh the market will be closed for president's day. So i just want to call that out now, but overall, thank you for the support.
Fang
I get his frustration. Why hasnβt there been a share recount? Itβs all suspect. Iβm with you Matt.
Kinda weird they are scheduling a war
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MEET KEVIN HAS EXPLAINED THE FED MEETING MONDAY NO DRAMA LOL DOH