Don't be mistaken, the apes won't be shaking or breaking because we're going to the monday very soon going to wake up on the moon brand new yacht and the mcdonald's in my living room, bright, yellow, lamborghini, 50 meter, swimming pool champagne every day, hey fam! What you do wan na hang one or two: oh you got ta. Imagine two! Oh that's right held on tight jack titties every night. We was in way back when they tried to chop it down to ten and she's. Couldn't comprehend ace was strong until the end.

Now, let's pretend to tell they'd be sweating had enough of these feelings, but the eggs were rebelling cause we'd never be selling until we sent it to heaven now, we'd be out of yelling, hey screw. You kenny bought my wife, a minivan to share with the boyfriend, but i pull up in the band's plate, saying olive cranes going on an airplane, don't think we'll be back again celebrating every day like it's, your birthday cause we're holding on for the life getting damn Tasty so soon don't be mistaken, the ace or breaking, because we're going to the moon of a crooked operation brought more while it was low, got more dips in trader joe's. Oh, you thought that we'd let go what the hell you take us for holla. If you spend your last dollar, i'm bananas, while living in squalor, we don't claim to be scholars.

We the smooth brain dummies and we never stood taller yeah. We do this for love and we do this for our honor. A follower of 11 ain't got nothing on us. We the planet of the apes anymore, as we trust m-o-a-s-s.

Oh hell, yes, gon na, send it into space. Go fire up the jets done. My dd call me out giant rocket man. This is the way gon na.

Be girl, you know, control the major time we bout to have liftoff call us neil h, strong gon na keep don't be mistaken, the ace won't be shaking or breaking because we're going to the moon, we're going to the moment. Welcome. Welcome! Welcome to the final installment of dumb money for this particular week, a very, very wild wild week in the market, and i mean even right now. If you look at the last two hours, three hours of trading, that's even wild everything's, just going freaking insane.

So what i want to do for this this kind of friday, i have noticed that, like the vibe is different on a friday clothes. So what i want to do is quickly share one story with you about what's going on with the federal reserve and then i kind of want to watch some charts, maybe we'll do an ama thing type into close, so that's kind of my vibe for this friday. Uh, let's just what would take it a little bit more easy type of a thing, um see. What's going on we'll give you the short interest, update the utilization update, cost the bar all that stuff from ortex the federal reserve story and then we'll just kind of maybe do your ama and we'll we'll talk about? Maybe some good um, like i guess, risk reward management systems because, like right now we're definitely seeing some high volatility.

Very, very quick reminder for all of you. The equities market is closed on monday in observation of president's day. Also, when you see long weekends such as this, when there's potentially a war, it is very, very common to see sell-offs into clothes because people are like, i just don't even want to take the weekend risk. That's a very, very common pattern.

Am i saying that's exactly what's going to happen this time around? Absolutely, not i'm just letting you know about the pattern. That's all i'm saying if you want to use that great, if you want to do the opposite, also great have at it, but i'm just letting you know when there's a long weekend, especially a long weekend that might have a war in between that weekend, um that It's very common for people to go risk off as in sell some of their assets, um their equities and just sit on cash or go into bonds, or something like that just wanted to share. All of that with you and with that being said, let's pop over to here whoa. Actually i didn't even pay attention to this.

Well, that's actually kind of what we're already seeing. We saw this pop off of 432. All the way up to 437 back down to 433 talk about volatility. I have the keltner bands up here just to see how freaking wild some of this stuff is, but, like just pop pop pop pop, we are going all over the place.

What crazy gyrations we have, the nasdaq going from 339 all the way up to 345. Pretty much back down to 341. um. If i had to guess i mean, in the very very short term like next couple minutes.

Yes, both the spy and the q's are on the south side of their keltner. So it's not the most common thing to keep getting pushes like. We did on the top side when you're outside of it. But at this point i mean you could argue that 433 is some support, but really i'm watching the intraday low of 432 um and then the queues i'm watching 340..

Let's see how that plays out um. I, when i was a little bit of downtime in the mid session, i was doing a little bit of active trades on the futures market, just like uh picking up a little bit a little bit of couple points here and there um honestly, if i'm being completely Forthcoming when we got above uh 437 like above it i was like. Oh wait. We actually might get a weird push in to close and then when we started, i was like oh wait.

It's the holiday weekend there's a geopolitical situation going on um. So into close. I'm a little bit more favorable of risk off, as in people selling just kind of going into uh some cash positions uh. Those are my that's my own thought on the situation.

Let's see how this plays out, but yeah we'll watch the spine, the queues in the close, but before we get into some chart watching, i do want to share this with you. Fomc formally adopts comprehensive new rules for investment and trading activity tl, dr the fed. No more trading, if you're a fed member, the federal open market committee on friday announced that it unanimously formally adopted comprehensive new rules for the investment and trading activities of senior officials. The rules which were announced in october 2021 aim to support public confidence in the impartiality and integrity of the committee's work by guarding against even the appearance of a conflict of interest.

So what's going down, is there were a few people on the fed who were caught with their hand in the cookie jar, and people are like those are very, very timely trades what's going on? Were you trading on insider information? Obviously there was a public backlash from that and now like they said it was announced in october 2021, but um apparently going live now under the new rules, senior federal reserve officials are prohibited from purchasing individual stocks or sector funds holding investments in individual bonds agencies securities Cryptocurrencies commodities or foreign currencies entering into derivative contracts and engaging in short sales or purchasing securities on margin. So pretty much everything. Additionally, senior federal reserve officials will be required to provide 45 days. Non-Retractable notice of purchases and sales of securities obtained prior approval for such transactions and hold investments for at least one year, so no active trading purchases and sales will also be prohibited during periods of heightened financial market stress.

I find it interesting that they added that in so when things are kind of getting a little bit crazy, they're, saying no trading whatsoever. These new rules supplement existing rules that prohibit federal reserve officials from holding bank stocks and treasury securities and from engaging in financial transactions. During a blackout period around fomc meetings, so i just wanted to share that with you in hey. I think this is a baby step in the right direction of winning back the trust of the public.

I'm a fan of this. This is obviously for the federal reserve, but there are other things that also need to be obviously discussed like, for example, federal judges and obviously congress congressmen congresswomen, let's see if they can follow suit with this, i hope that they do. I once again need to reiterate the fact that, yes, there is some traction in some form of a trading ban in congress, but they keep saying stock trading bam, don't let them get away with that. I need to reiterate this, but obviously they're not really acknowledging etfs and they're not acknowledging options, and we know in 2021 the increase was in congress people trading options.

In fact, trading stocks went down in popularity, so i'm of the mindset either no trading whatsoever or if you do trade, let them trade whatever they want. But i want instantaneous reporting or even day before port reporting, and then the trade is executed 24 hours after or something like that, um, but don't let them get away with just like we're, not training individual stocks, type of a thing because there's other things they could Do with their position their insider knowledge to inappropriately profit off of it, so i just felt the need to once again reiterate it, but on a positive note, hey looks like the fed is going in a way that, yes, like i said, baby steps in the right Direction to earn our trust back, so i wanted to share that with you very quickly in terms of the crypto market. Here's the heat map, we're still seeing some red as we're heading into the weekend, and let me just update this. This is what the s p.

500 currently looks like there is some green. There is some red a little bit more red. I would say um, remember the s. P 500 is still below its 200-day moving average.

That's around 444. we're looking a little bit weak. I'm still very much watching this region of 430. It might not hit it today.

I mean that would involve a three and a half dollar sell-off in about 20 minutes. I mean that's totally possible. I just think it's rather on the unlikely side, but let's see let's kick it back and enjoy it. You know what in fact i'll move it to the minute chart just so we can see how this stuff is or isn't playing out on the bottom left.

I have amc ever since the selloff this morning, it's just been range bound sideways, the bottom of the range around 17 and a half the top of the range around 18.. We know we have resistance at 18. More important resistance at the low 18s would love for it to recapture 1825 in terms of gme not really range bound. We had a little bit of a bear flag that actually it broke down, but it's holding pretty strong at 120..

I, like jamie holding 120, shows me some strength, so a little bit of positivity there in terms of ortex amc, has a short interest of 21.. Gme has an ortex short interest report of 21. Both have a utilization of 100 in terms of the s p. 500.

The short interest up a little bit um from what we see, maybe at the start of the week, around 16.7 percent in terms of the russell one or excuse me, the nasdaq, 100, 13.25 and in terms of the russell 2000 uh slightly dropped at the start of The week it was around 40 we're right now, just under 38. wanted to share all of that with you and let's see what in the world is going on a little bit of buyer, stepping in a kind of a little bit of an oversold situation, and when I'm saying oversold in terms of the keltner um it this is based on average. True range of what this like middle line is a moving average uh. Most of the time, the atr is based on a 20 atr, so the 20 moving range, usually when you're on the top side.

That's an abnormal move to the top side when you're on the bottom side of it that's an abnormal move. These are also referred to as volatility bands. Keltner channel is not the same as the bollinger bands, but they are very, very similar. Uh bollinger bands are going to be based on standard deviation, while keltner channel is going to be based on an average true range.

Once again, not the exact same, but they have quite a bit of overlap like if you were to i'll, throw up the bollinger and just show you what it looks like so right. There uh the bollingers, the bands that got added on the outside. So not the exact same but kind of similar rhyme or reason type of a situation um, it is valid. I mean i've heard of some trading strategies that they kind of go as soon as you break down.

You watch that trade and as soon as you come back up, if, if you're on the bottom side so for the spy, you would have entered right here. The first bar that closes into it. And then you sell as soon as you get to the midline and then the opposite for when you're on the top side. So, for example, if you close out, you wait for the first one to close back in and then you play that to the downside.

Once again to the middle line uh, you can obviously add various filters on that. If you wanted to be take less trades but be a little bit more accurate, but just in general, that's like somewhat of a pretty well-known uh trading strategy. It's just you play the reversion. It's a mean reversion type of a play, all right.

So with all that being said, like i said, we'll have amc down there. We'll have gme over here i'm just kind of interested in watching the overall market into close, no crazy, crazy updates in terms of the whole russia situation um. I like this one draftking ceo blames market rotation for stock tumble and not really. It was your poor earnings report, white house new burger, says: if russia targets our companies or infrastructure, we are prepared to attack white house deputy security adviser, says converging on final sanctions package.

Russia may take further cyber attacks as escalation new burger white house singh says sanctions measures not intended to reduce russia's ability to supply energy to world brainerd. More of a fed update, appropriate to begin series of rate hikes in march. We knew that was coming unlikely to remove russia uh from swift in initial sanction. According to singh, all gasoline options on table, including tax holiday, no decision has been made on more gasoline policy steps pentacon to boost stockpile of rare earth, minerals lithium, to reduce long-term reliance on chinese supplies according to sources.

So that's some of your recent geopolitical updates there. I myself, i mean we have 15 minutes to go. This was some weakness. I guess we're just bouncing off of this.

Clearly, it's a key dollar level. 433. I guess we're just bouncing off of that. I was a little bit more paying attention to 432 just because we bounced off of it whatever like an hour or two ago, but i guess, if that's where the buyers want to step in that's where the buyers want to step in um unless anything, wild changes.

In the final 16 minutes of the day, the spy down point five percent, the queue's down one percent, the russell down point: seven, let's see how it ends up playing off. I mean we have clearly some volatility, we're moving a dollar like it's nothing i mean we went from 433 to 435. A two dollar move in one two: three, four: five: six: seven, eight, nine nine minutes sub ten minutes to move two dollars; uh. That is really representative of the overall volatility we're seeing in the market right now, amc attempting to come back up to 18 gme holding above 120.

I like that man, the spy is pushing right now from one end of the keltner to the other end. This is just insane. This volatility is such insane artificially manufactured, it's so frustrating when things move like this, a bunch of money, dumping a bunch of money buying. This is not normal movement.

I refuse to believe it. This is just everyone: big, wigs, big whales, just like playing with the the tensions and the volatility of the current geopolitical situation. This is whip sawing at its finest. If you are sitting there and you're just getting frustrated because you're seeing one trend and then all of a sudden, you get whipped out and then, if like you're, hitting your max point and then it whips back in your favor, but you got dumped out anyway.

Trust me this stuff, it's part of the market, i'm sitting there right there with you, so absurdly frustrating um such a manufactured thing. I would in no way be surprised if uh geopolitical leaders across the board like this to me. This is all such bs such absurd. Absurd frustrating bs: what's my stop loss on uv xy um? Well, first of all, i i want to hold it at least one day and my intent is to actually hold it over the weekend, because i it's like kind of a hedge of any craziness breaking out over the weekend, so in terms of a dollar stop loss.

I mean i'll give that to you, i guess on tuesday, but i know i'm holding it for the weekend, just so the stock. Then it goes up very front. Hey folks, i'm there with you - and this is i guess at since the start of the week and really the past three weeks. I've been telling you expect absurd volatility, um that that's the game we're in right.

Now, it's just a super high volatility environment. This stuff does not persist forever. It just simply doesn't, but right now, that's just the current market regime that we're in it's high volatility. High swings um.

If you are sitting there in more of like a frustrated state, there's a good chance that, like might lead you to chase and make a silly move and get whipsawed and double up on your losses, stick to your plan, whatever your initial risk was just stick to It and it'll help keep your emotions a little bit more calm, um. It's environments like this that it is extremely difficult to trade without emotions, because you're getting whipped and, like obviously you're like wait. If i just held on 10 more minutes, i would have been in profit. I've been there a million times.

I've been there today with you when i was doing stupid, scalp trades on the futures market on the s p, 500 um, but with it it's all the end of the day. Your emotions aside. It's about protecting your capital, don't let something go so haywire that it like ends up blowing up your account in a negative way, and if you notice that you are chasing you're frustrating, that's a very good sign to just step away. Call it an early weekend step away from the computer, and i know it uh right there, i've been there a million times with you and like when you're frustrated you're like yeah, but okay like if i get this move, i can make back 25 of my losses And like i'll feel better about it and i'll go into the weekend.

I i get that but ask yourself what happens if you double up on your losses and now you're absurdly frustrated and then all of a sudden it ruins your night. It ruins your weekend and all of a sudden, all of a sudden you're just thinking about it all week until we come back on thursday and then thursday, just knowing your luck, it's going to gap in the direction that would have benefited you immensely and then you're Going to be kicking yourself because you're like why didn't i just hold that like it played out and all of a sudden, you enter the game on tuesday in a super tilted move and then all of a sudden you're tracing those losses back. It's a very, very negative snowball effect and if you can feel your emotions boiling over just because of like how you're getting whipped, i'm telling you i've been there hundreds of times before hundreds of times before step away, it's okay, the market will be back it it's If you're in that, where you can like, if you're identifying yourself right now of being on tilt step away, it's gon na save you money, you might get absurdly lucky absurdly lucky, but ask yourself: are you really expecting some sort of absurd move in the final 10 Minutes of a training day, i think the risk is too big, both emotionally and financially. For you to be like hang on, i'm gon na make it back now with your time against the wall, 11 minutes and counting.

I just don't think it's a good mindset to be in i've been struggling while learning to trade. Ever since i found your channel last april, i'm finally figuring out up 2400 on nvidia, oh brother, shout out violet crush it violet burr. You have heard of premium during burn days. I like to call these pdt burn days.

That's pretty funny! That's a good one! I like that. I like that. I like that. I mean even look at that.

We got some 350 algos running. You know what's interesting um, just in my i guess experience of trading uh. You know it's always a fun thing to watch, especially on the overall market they're, it's a kind of like a well-known thing that algorithms run at you're, going to see them at 8. 30.

In the morning, uh be an hour before the market officially opens you're going to see a jolt around 9 30 for market open. It's common to see, uh new positioning done at 3 p.m, a little bit at 3 30, but one of the ones i always find. Most interesting to watch is 355. if you're looking at a minute bar, especially on the overall market here, like the spy and the qs watch, what happens as soon as 3 55 that, like that new minute bar starts, you're gon na see, like kind of an abnormal Uptick and what that is, it's a lot of like algorithms fire at 355 to get positioning basically for the next day um.

But i don't there's really not a pattern of it being bullish or bearish. If it was, i, i would tell you i'd be like hey. This is like the pattern i'm trading on um. I myself have not found an algorithm that properly predicts the 355 wave, but even if you look at the volume bar and also just like the range of that minute, bar 355 - always not, i shouldn't say always commonly an influx of volume.

So let's definitely watch that. One out a little bit of a little bit of an algorithm trader tip for you. There can't spell putin with output. Incoming drop, confirmed spy puts expired today, 437 breakdown got it.

The same got out for 125 percent gain on the way down. Thanks for all the great knowledge t hill super proud of you congrats on that trade, that's all you! That is all you crushing it uh, shooting everyone and everything's a diplomatic source with years of experience on the conflict, described friday's shelling in easter canyon, as as the most intense wow as the most intense. Oh, what are we going to see in the close? Let's get votes up and closed down into close or just muted. Is it just going to go in? What is what does everyone think? The final, whatever eight five minutes is gon na, be right answers only up close down close or just sideways.

Are we gon na get rugged to the upside? Are we gon na get rugged to the downside, or are we gon na just get rugged flat in it close? I know we're all getting rugged. The question is: what rug are we gon na get down down up down, muted, up up sideways, muted, more red up down consolidation, sideways man? There is not a clear decision on this one. If i'm gon na give you my bias and i'm literally telling you i'm a little bit biased, just because of i guess like i know about, like obviously there's tensions into clothes and it's a three-day weekend, i'm a little bit more biased to the downside. But i don't know because it's already been selling off since three pretty much all of power.

This is a sell-off, a banana in the tail pipe. I can't do a poll because poll, i think i only have the poll options - are only two options. I can't add a third one. I don't think i wonder if we're going to retest 433, the clock is ticking, though, if it is going to test 433, i mean that's a whole nother dollar and i know we moved two dollars in nine minutes, but we have six minutes and i don't know We'll see we'll see if there's going to be any big pushes up down sideways backwards.

Who knows who knows? Who knows? I wonder if 434 is gon na come into play just a round ball like? Is this like a max payne level or something that people are targeting all right? We are about 50 seconds out from that little algorithm, surge that you see lots of traders, computerized shaders, making positions in um right at the end of the day there so we'll watch that it's gon na it happens literally right at 3, 55 et cops are now In riot gear, removing ottawa protests be prepared for unrisk that may ripple into other nations. Well, that's not good! All right! We are about 15 seconds out. Let's see if my prediction is right, i have a feeling it is because i've watched this so many times before. All right about five seconds: let's see if i'm right, what's this minute bar gon na, do it's kind of a jolty reaction.

We got somebody, i guess they bought today. I guess they bought today. Let's see if they're actually going to hold that ooh. Is it going to swipe to the downside on us a little bit more whippy? I guess the 355 355ers decided to buy today to 350 fires, but someone is selling into them they're trying to buy them both the spy and on the qs.

They tried to push it, but it's not really pulling off anything someone's selling right into them. Interesting, interesting, interesting, let's see all right! Well now we are sub four minutes. The 355 first try to keep it up. They were buying as much as they could, but it then they got dumped on couldn't get over.

That mean reversion line that mid line like on both the spy and the q's. Acting as resistance uh could not hold 434. This will be an interesting close for sure. The recent low is 432 man.

That's almost a dollar below where we are. The volatility of the market is just nuts nuts nuts nuts congress selling right now, that'd be funny pelosi's, there just sell, sell it all knowing them, they would keep their stock and just load up on absurd puts like deep out of the money, close short expiration times. What are we gon na do? What are we gon na? Do all right, sub three minutes, we're almost at two and a half till the days in the book. The weeks in the book, not the month, though, about halfway through feb we're about halfway through feb.

What are we gon na do? Well thus far? I guess the people who said sideways into close are pretty much right because for the past ever since we had a little bit of a sell down, but ever since then uh looks like the team sideways kind of won team, sideways kind of won, they're just pinning It to 434. - i guess someone must want it at that value. A little pop of buyers, but uh looks like i guess. 434 was the target on the overall market and that's what we're gon na get.

That is what we gon na get team team team team team team. What are we gon na do um. Just so you know don't forget equities market if you're, just tuning in equities market is closed on monday. So don't be surprised when your options aren't changing at all at 9 30 on monday, the market will the equities market will resume on tuesday, tuesday, tuesday tuesday, because of that it's a tough situation.

It's a really tough call. It's obviously a little bit more conservative to closure positions, especially your active ones, betting, on what will or won't occur over the next three day weekend or you could swing for the fences and swing the position but you're risking the chance of a noteworthy gap up or Gap down, i don't know which way it's going to gap. It depends on how things go with russia and ukraine and, surprisingly, they're not calling me good old, maddie boy up deciding what they should or shouldn't do. So i just want to keep everyone like kind of in tune with that.

You have about 30 seconds left. So if you are battling bad pattern day trading and you're trying to execute a trade now just so, you can close it out if you so choose on tuesday, your time is ticking, but once again team sideways of like hey we're going sideways in the close, it Looks like you guys were 100 spot on spot on spot on spot on all right. Five. Second warning: the casino is closed.

That's it! That's it! That's it! That's it not only for the day for the week and now you are gon na get a long weekend. Long weekend, i hope you're able to hang out with friends, i hope you're able to hang out with family and, if not, i hope you just have a good old relaxing time. Um, no movement. Thus far market closed.

I thought moc orders market on close um omc on market close, it's one of those who knows um. I'm surprised, there's not like more insanity like in as we're going into this weekend, a little bit interesting there. Folks, that's what i have for you. It's been a crazy week been a crazy crazy week between all this stuff, the fed russia, all these announcements of, basically relating to the reports from the macro macroeconomic situation a highly volatile week.

I do have a little bit of good news for you. A lot of the macroeconomic things related to the fed and the reports will calm down next week, but volatility end up being higher depending on what is or isn't going to go on with russia. So that's going to be the main volatility driver next week. We're kind of getting out of earnings season - i don't know if it's technically over, but i think it's safe to say that earnings season, the craziness of it, has pretty much calmed down so we're out of earnings season.

The next big fed update we're gon na probably get uh, probably about a month out, maybe three weeks out - maybe early mid-march uh, not really in feb, so at least that stuff's out of our hair, so no more big earnings, hopefully no more crazy, fed updates. So the thing right now to pay attention to is undoubtedly undoubtedly what in the world is or is not going on with russia, ukraine so pay attention to that. Clearly capable of some serious swings over the weekend. Um one good barometer you can use is what, in the world's going on with crypto uh, we know that btc and ether are particularly correlated with the nasdaq, and we know the nasdaq is correlated with the s p 500.

So if you just want to give it a little looky scene, just give it a rough idea of like, are we up or down check out what crypto is doing, uh relative to the values it's currently at right now: uh btc, 40, 000 and east 2? 800.. So you could use that of like okay. Are we above 40 000? Are we above 2800 or are we below it and that'll give you a super super rough estimate of where the market is going to be at um, but that's it that's what i have for you. I truly truly appreciate your support.

Thank you. Thank you. Thank you. I wanted to give you a friendly reminder that if you want more information, if you're like nah, i'm not done with the market today, i need kind of a wrap up of all this situation at 4.

30. In less than 30 minutes, i'm spamming my own chat right. There um there's going to be a free stream from ttg on youtube. It's just like another youtube stream costs.

Absolutely no money feel free to check it out, but that's at 4, 30 um and they're. Just going to be doing a market wrap up all the crazy stock movers and update of russia and update a fed, so you can get another person's opinion once again. It's just it's a youtube stream um, so that is at 4, 30. feel free to check that out.

But for me personally, thank you. Thank you. Thank you. Thank you.

Thank you. Thank you. I appreciate all the likes. I appreciate all the new members of moon gang.

Shout out welcome aboard the rocket ship and, of course, shout out to all the people who have already been very, very proud moon gang members. Remember it's an extended weekend. I hope you have an enjoyable one. I hope you have a lot of exciting things planned.

Even if that involves just chilling out and sitting on your couch like a potato, thank you for all the amazing support throughout the week. I will catch you i'll post, some vod content over the weekend and we'll also do a crypto live stream on like sunday and monday. Just so, you know, but thank you. Thank you.

Thank you. Thank you. I appreciate it and, as always for me and chair best of luck in the markets, you.