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Oh, oh so my oh good morning, good morning, good morning or afternoon evening night, depending on what time it is for you and where you are on this globe, but i hope you are having an absolutely fantastic day thus far. I truly do appreciate your time. I appreciate the fact that you're willing to stop by and see what's go going on in the stock market, the world and everything in between because boy, oh boy, is it an elevated time of tensions, feelings, emotion, it's absolutely absolutely crazy. So, yesterday, kind of a big day, we saw a lot of volatility in the market, which i 100 percent believe will be continuing today, as we're about to see oil and gold are going sky, high and volatility doesn't seem to be too far behind.
Obviously, a lot of this - almost all of this can't i don't know if i can say that a high majority of this does relate to what's going on in ukraine, then putin's invasion of ukraine, which is obviously a horrific uh beyond sad situation that we have to Dive into because it clearly has massive implications on the overall market. We just have to talk about it, because if you want to know what the market's going to do, you have to understand. What's going on in this just very, very uncertain time, yesterday we saw a continuation of volatility. I don't think that's going to slow down at all.
Today after the market closed amc had their q4 earnings announcement. That is up on the channel. If you want to watch it i'll go over and just give you some of the highlights that i thought were noteworthy part of me later on in the day at 9 00 pm et yesterday, on march 1st biden had his first state of the union address um, Really ever since, like everything went completely hog, wild and bonkers, so we're going to be going over that. So what i want to do is dive into the state of the overall market.
I want to kind of do more of a information breakdown of what's the short interest. The utilization we'll look at some technicals, then we'll dive into some specifics and then right before that bell goes ding. Ding, ding, ding ding, we'll be kind of doing a little bit of a recap of the most up-to-date updates from ukraine. Just because i think it's very very important for all of us to be as informed as we possibly can be, but before we get all to that all the crazy stuff that is i just like.
I was looking at charts for all night last night and it's just the volatility we're seeing right now is nuts and i just don't see any signs of it slowing down, especially because with this situation we also have the fed we're going to be talking about the Fed but man, oh man, a lot to go over a lot of important stuff to cover, but before we get into all that, if you haven't already make sure to check out the pinned chat, uh the pin comment, it is a download app for ios for an App called attendees what it is. It's a an app built around wall street bets subreddit, so it's doing not only just the normal reddit stuff, but on top of that you get social sentiment and they just rolled out free options flow. You heard me right. F, r e e free options flow. It is pinned to the top of chat and, if you're, watching on rumble or twitch, it's in the description of the video once again, the app thus far it's for ios they're working on android should be coming out within the next couple weeks, but um analytics on Wall street bets right now. The number one talked about thing is gamestop number two is the s p 500 number three is coined in number four after the earnings announcement is amc and they also do crypto breakdown. But once again, today the options, information, the free options flow has officially rolled out and with all that being said, let's hop right into it. The dow, the s p and the nasdaq are all green, um up 0.35, 0.3 and then 0.2, so green nonetheless, especially relative to where we were uh.
When we closed yesterday, oil is sky high, it's now at 111.. Last week. This thing at one point was in the low 90s oil is ripping ripping ripping, and the reason, obviously is the tensions with russia, which is a big oil gas that type natural gas producer. But on top of it we have opec that was basically saying they're going to keep their production pretty low, so even opec now and their allies keeping the numbers low and we're actually seeing yields go up so right now we're seeing green across the board.
Obviously the golden question is: will this hold throughout the day? If, i'm being completely honest, i am leaning slightly bearish on the overall market today, at least at what i'm looking for, leaning slightly bearish, just because tensions are getting worse with russia. I have some tweets. I want to go over, but it is not a good situation. So, let's recap what happened yesterday, the big thing.
After all, the developments in ukraine yesterday evening biden unveils a new unity agenda at his first state of the union address in his first state of the union address president joe biden rallied public support for ukraine as it fends off a brutal russian invasion in the battle Between democracy and autocracy, democracies are rising to the moment, said biden in a memorable speech at the u.s capitol um, depending on the side of the political spectrum. You fall on you're, either going to have like this or you're going to have disagreed with it. It very much the reaction to it was a 50 50 split, pretty much along political lines. I watched it and that was pretty much the polls afterwards uh.
The one thing i really want to say about this before we get into like the minute details here is i'm not jealous at all of these speech writers. This is the first state of the union address where we have the largest war raging on europe since world war ii. We have, i suppose, the highest inflation inflation in the u.s in the past four decades in the past 40 years, we're at an inflationary, high and also just don't forget, we're just getting out of the whole saga of the pandemic, which uh, unfortunately took the lives of Just under a million people, um crazy, crazy, crazy, crazy uh. So that's why i'm in no way jealous of these speechwriters - and it also is explaining why going into this um, the favorability polls dropped all the way to 41. This is important stuff, and there were that's like i guess your general wrap up, but going into it. Cbs did a poll and, according to americans, the most important thing was ukraine, followed by that the market and then followed. That was going to be any discussion related to the pandemic. That was kind of the order, according to the cbs poll of what people care about right now, once again, ukraine market, basically also relating to things going sky high in cost, and then the third thing was pandemic, which i kind of liked that that third thing dropping.
Because at one point all we ever talked about was rona, but now since january, until now, we've seen a plummet of 90 in daily cases, so uh a lot of good stuff going on in that realm, so that obviously a little bit of a silver lining situation. Some other things specific things coming out of this uh biden announces. The us is closing american airspace to russian aircraft. Saying putin has no idea.
What's coming. President joe biden announced this tuesday that the u.s is closing its airspace to russian flights. The ban comes after the eu and canada also banned russian-operated aircraft from their airspace. The us and the eu has been looking to expand sanctions on russia after the country attacked ukraine last week.
So this is the newest update and i'm very very confident that more and more sanctions will continue to roll in. If you want specifics like beyond this of like the detail without watching it, i actually thought this was a very good article, 11 takeaways from biden's. First day of the union address, this was posted on business insider. So, if you want to be like hey, i miss that, but i want to know a little bit more that he said beyond.
Basically, ukraine, which we'll be covering here, uh check this article out. The russian ruble is now worth less than one cent as russia, bombs ukrainian cities and sanctions pile up um, so the ruble, russia's fiat currency has been going down because of financial sanctions. Remember we barred most of russian banks from the swift system. The russia's biggest bank has been just absolutely decimated.
The russian stock market has been closed. On top of that they've been hitting their federal reserve by freezing their assets related to other currencies. What has been going on in terms of non-ukraine like other countries, other global leaders? They have not stepped up to be directly related in physical conflict. What they're doing it's all through the economy, it's all through the financial sector and right now, russia's market and russia's economy has been like purely devastated. I don't think a word can really uh fully capture what has gone on with russia's economy with russia's market right now. Um, i someone - and it was a good question like - should we buy the ruble and expect a bounce pack? I have my thoughts right now. I don't know if it will bounce back it's less than one cent, obviously relative to the usd it these banks might be insolvent like they. They might not bounce back and if you asked me at the start of the year, what the next country was that was gon na accept bitcoin as its legal currency.
I would have guessed turkey just because their currency, the lira, uh it's been suffering through hyperinflation, which could lead to stagflation and it looked like it was kind of going the route of el salvador uh. Never in a million years would i have guessed that potentially the next one that could accept it. Just to attempt to save the economy might be russia. Obviously, time will tell the ruble is now worth less than one cent wednesday after russia switched tactics and bombing ukrainian cities.
Why this is a big deal? Is there have been some reports from the intelligence agencies within the us that are saying? Uh kind of putin has become isolated and maybe not really intact or informed properly about what's actually going on, but reports coming in, which kind of a sign of good news here is russia seems to be getting its ass handed to itself um all apparently, expectations from This research was more along the lines of russia thought it would be a lot more, i guess efficient, they thought there would be less of a fight from the ukrainian people and obviously the opposite is true. Russia has been having a lot of logistics issues. There's been reports that the morale in the russian forces is extremely low, while the opposite is true in ukrainian forces, it is really fascinating to see an entire country, and i would say many of the supporters throughout the globe stand up united um and because of this People have been saying um and by people i'm referring to these same. I guess intelligent officers or people collecting intelligence throughout the world of this particular situation have saying that they believe putin has been growing frustrated and then we're seeing kind of more of these.
The switching tactics to bombing ukrainian cities overnight keeve and the other one that i can never ever say properly. The second largest city there um has been bombed, they're bombing. Unfortunately, they are bombing densely populated areas, so not a good development. Obviously, that's increasing casualties, but they think it is symbolic of to more of a degree, basically putin losing his cool.
That's because western nations and international investors have been quick to dump russian investments. Obviously a significant discount for russian assets will persist even if hostilities cease um. I there's a chance that the russian economy has been fully put until at this moment in time. Stock futures are positive as intensifying war in ukraine pushes oil prices higher. If you haven't checked out oil right now, currently trading coming down a little bit, but still up seven percent um before i was calling out very confident that oil is going to hit a hundred and then i said, i'm actually still confident about oil 120.. We haven't hit it yet we got up to roughly 112 ish so about eight more dollars and honestly with the insanity that's going on. It wouldn't be that crazy. If we hit it, maybe take a breather and then keep going higher and higher and higher putin's popularity soared after russia invaded crimea.
This time it's different. I thought this was interesting because it wasn't something that i wasn't actively playing paying attention to crimea in 2014. I probably should have been - i probably should be more informed on it, so i've been trying to catch up now, but i thought this was interesting because uh, obviously it spiked his popularity. But this time it's a different reaction.
When russian president vladimir putin launched his first invasion of ukraine in 2014, in which crimea was annexed, his popularity rating soared in russia. Massive sanctions imposed on russia that have prompted the russian ruble to slump against the dollar, causing living costs to rise for many russians could mean that he doesn't see a boost this time. Yeah because the let's say average person in russia is feeling an immense amount of pain right now, um, not only are they being financially devastated but like the average person in russia, is what i'm referring to right now, but on top of that they are being cut Off from the remainder of the world, so if they have friends or family it, it's very very bad to be the average citizen in russia - and i know i've been saying this now for the past week. But please understand this is not i like.
I don't like how they say after russia invaded um well that time they could have, but in general it's not proper to say that, like this anger against the russian people, the anger should be against putin and his cronies. Many people in russia, many citizens of russia, don't like what's going on, they thousands have been arrested because they are parading against him. They are boycotting it, they are making their voices heard which, being in russia and speaking out against it. That is so absurdly brave.
In my opinion so understand, this is a very small group of people who have an immense amount of power. It is putin and his cronies. This is not a russia thing. Ukraine says a plot to assassinate president: zielinski has foiled by russian spies who were secretly working against putin.
So for a bit there we know the number one target allegedly was to assassinate president zielinski, and the number two target was his family uh. Apparently there was chechen forces and they just did not like pull off what they were, attempting to it's unclear if the chechen forces were terminated or if they are now just prisoners of war, but whatever it was. The plot was 100 foiled. Ukraine is trying to get russia removed from the internet saying russia has been pushing out propaganda with the aim to disinform and promote violence. This is just another step in various things. We've seen related in this world, for example, a lot of facebook getting shut down in russia, we're seeing ukraine trying to really get the world to say that what russia is doing is a war crime we're seeing ukraine they apply to join the eu uh. This is just another step that ukraine has been taking to really rally the remainder of the world against russia and obviously particularly putin um. I do have this right here.
Russian forces around two key cities. This is just some live updates. I just wanted to bring it up just to cover it if there is anything up once again. Okay, the most recent one is still putin's popularity, we're gon na go over just from the twitter sphere and from obviously some of the live streaming sphere.
The most up-to-date updates uh, but we're going to do that right before the bell opens. I do want to go over a couple. Other things, five things to know before the stock market opens today wednesday march 2nd wall street's set to bounce higher after tuesday's decline. Just so you know it is bouncing uh roughly across the board.
Point four point: three six and point three. So we'll take the average of 0.35. We are seeing a little bit of green in the pre-market, but we also know over the past two weeks, we've seen nothing but absurd volatility. Absurd swings, which means you got to stick to your training plan, and this is in not the environment, to using an excessive amount of leverage, just because it's so easy to get whips on.
That's true for stocks, options, futures and crypto expect volatility expects wings, do not use the same leverage that you commonly use in a less volatile environment. On top of all the insanity that we see playing out in ukraine, the federal reserve chairman jerome powell is set to deliver his semi-annual assessment of the economy before the house panel wednesday and a senate panel thursday. So remember for a bit there. The biggest talk was what's going on with the federal reserve, and then it became russia's invasion and now we're getting into a scenario where it's going to be the russian invasion and the federal reserve.
So this is starting today, it'll also be pushing over until tomorrow. Remember march, this will be the first month that we get a fed rate hike. The golden question is, is how much is it going to be? Is it going to be 25 bips, or is it going to be 50? Obviously, time will tell there have been some individual stock reports, uh salesforce up nordstrom up. We have another one about four they're kind of splitting off two separate units between eevee and traditional um. So those are some important ones and i want to spend a little time, specifically speaking about amc which just had its earnings announcement. We talked about oil. It got above 112., currently trading at 110. As i'm speaking about this live, i think oil is going to continue to go higher and higher in the medium term.
Fed chief goes before congress after jobs data. The market has pulled back expectations for the number of fed interest rate hikes this year to around four or five starting later this month it was higher before the whole invasion thing powell said he still sees rate hikes ahead, though he noted the implications for the u.s Economy are highly uncertain from the ukraine war, so it sounds like they were going to battle inflation as much as they could have like using the tools at their disposal, i.e being as hawkish as they possibly could. But now they're worried about being that hawkish with the tensions that have been prompted because of putin, so they might they're coming off as like. Maybe we're not going to be as extremely hawkish biden speech focus on foreign domestic challenges, like i said um you can follow.
Look into this article 11 takeaways. If you want a bit more detail on that or you could just watch it, a lot of people live streamed it, but overall rally public support for ukraine and articulate a fresh domestic policy agenda very happy. I did not have to give this speech, given the fact that we're at a four decade, high level of inflation, many people unfortunately lost their life to rona and right now, the newest thing, the biggest thing that's dominating all headlines is obviously the ukraine issue. Ford will split ev's legacy autos into separate units on this development that just came out um there ford's actually reacting.
Well. If you look at the stock right now, it is green from that announcement uh before we get into charts and the short interest and all that stuff. I want to take a second to talk about. Amc amc had its q4 earnings report yesterday.
After the market closed, they beat they beat on revenue, they beat on earnings per share and they even went ebitda positive for the first time in about two years, they did say that the batman which i believe is releasing in select theaters tomorrow at midnight um, is The pre orders, the pre-ticket sales, are very, very high, so that's exciting. On top of it, they really were explaining how they want to get more into the world of nfts. They've already had multiple successful launches, but they haven't sold any yet so they're going to be looking into. That of.
Is there a way to bolster their revenue from nft sales and they even a little a bit alluded to an amc, crypto uh. But then they commented that okay, they need to make sure that everything's good on a regulatory front, but the big big takeaway. I would say that kind of blew up on twitter last night was commentary from adam aaron and i posted the video on twitter and it's also on the channel. It's a quick 15 second video of a comment from adam aaron and what he said was excluding index funds. Retail owns 90 of amc once again, excluding index funds. Retail owns 90 of amc uh check the video out, but that's exactly why in case you miss it. Why on twitter and youtube and rent it and all that stuff, the everything started going haywire with the concept of we own. The float, which i thought was pretty cool uh, so feel free to check that out or if you want to see it happening, live on this stream.
For the whole earnings announcement is up there uh speaking of amc, let me give you a quick rundown on this. Just so, you know what we're doing heading into the day. The current short interest is 20 and we are now at two weeks. I believe it's 14 days of utilization at 100 with shares on loan at 116 million, just because it's somewhat related gamestop has a short interest of 18 once again utilization of 100 with shares on loan just below 18 million um before we get into the overall market.
I'll do that quick breakdown of amc and jamie of where we are just on the daily chart. Uh. We are slightly red in pre-market currently trading at 1818, which is a drop of 0.76, as you can see, we're roughly in no man's land. I have been watching this level at the low 18s roughly 1825, i'm looking for that to hold or technically be recaptured right out of the gate from there.
I want the breakout of 19, a key psychological level that recently has become more and more important. Just this horizontal line, and then after that i will be watching 2036 if 1825 doesn't hold the next major support. I have is just below 17. in terms of gme we're seeing a little bit of green in pre-market, currently up 2.25.
I love the fact that it's above 120, which is a key level from there, i want the test and the breakout of 125, and after that i will be watching 130. uh before we get into other individual stocks. I do want to do a breakdown of the overall market right now we're seeing that the s p 500 is green, it's up by 0.47, currently trading at 432.. Looking for the reaction to basically 435 from there i'll be watching this daily trend line that we have formed from the all-time high now, on the flip side, if we get rejected at any of these levels, 435 or 432, if we can't hold that, i will switch To being short-term bearish, if we break below that 427 428 level um that we've been calling out and paying attention to, because, as you can see, it's been important.
That's where we've been bouncing off of, if 427, let's call it does not hold, then i'm looking for a flush, basically to 421 um, so those will be the levels and obviously we will be calling those out throughout the day, similar situation with the qs. The question is: will it get above 434? Will it get above 430 or excuse me 348? Will we get above that because if so, that gives us a push to maybe 356, but on the flip side, if we break below 338, then i'm watching 334. That was for the tech sector and then for the russell, which is important just because amc has the biggest exposure in this particular index. Uh, we're kind of in that middle no man's land, just like the spy just like the q's and the question is, which way is it going to break? Is? Is the russell going to get above hold above 200, where it's at right now, 252? Would love to see that test of 204 or is it gon na end up not holding 200 and break below 198? Those are the levels i'm watching on the al, the whole market, despite the qs and the russell, let's see uh. Obviously, tensions are high. We have to pay attention to what's going on, because any development out of ukraine could cause the markets, the spy, the cues, the russell all the individual equities and also gold oil bonds volatility. To do something very, very drastic. I will drill this in your head.
Expect high volatility expect large large swings large large gyrations. This is not the time to be using a massive massive amount of leverage. It's just not because you could get whipsawed way too easily. If you get the direction right yeah, you might make a lot of money, but it's a considerably high risk high reward way to currently engage with the market.
Um right now, like i said some of the major markets we're in no man's land, i'm very very curious to see how the market's going to open uh. This is a common tactic of a mine, but it's something i'm really sticking to lately. I am especially for the equities market first, 10, 20 - maybe even 30 minutes of the day, i'm just sitting watching uh, just because there's been way too much whipsaw. I do not like making positions out of the gate normally and then, especially in environments like this we're seeing oil bouncing off of 110 oils going crazy, gold's, pretty elevated as well right now we're seeing quite a bit of volatility in amc, not so much in gme, But this is what we can watch at market open, very quick reminder for you tomorrow, thursday march 3rd.
There are two important things coming out: hbo is coming out with a documentary about gamestop and then apple tv is coming out with, and this is hosted by jon stewart. His show the problem is coming out with a discussion about some of just the nefarious things that go on in wall street, both of those come out tomorrow and there's going to be more follow-up. Information about that type of stuff today so make sure you're paying attention on twitter i'll, be tweeting stuff out, dave lauer will be tweeting stuff out. Jay brown will be tweeting stuff out, make sure you're checking all that stuff, because there are key developments that are about to become live that are going to require all of your voices uh. If we want to affect true change, we're going to need uh all a uniformed voice, saying the exact same thing to get politicians and regulators to finally listen to us now before the bell goes: ding any ding, ding ding, there's about five more minutes. So i want to turn it over to you for all of your questions and as i'm waiting for any of your questions, to really pile in today um i want to quickly ask of you. If you haven't already. I would love it if you could destroy that.
Like button, it's always super super nice. If we can get to that 9 30 bell before 9 30., if we could hit that 2k, like mark there's over 5 000 of you in here on youtube alone. So if you could hit 2k and then on rumble same thing, you guys could easily jack that up to 500 or a thousand just helps me out. The algorithm gets this promoted to other people who might be interested and, of course, don't forget to join up with the moon gang by hitting that subscribe button.
What gel did i use this morning? I actually don't know i could get the name for you if there's high interest in my hair products, which, obviously why would there not be? Why would there not be what games do you play while you work out, as you guys know, i did not uh yesterday. I put my entire brand at risk by challenging ken griffin to an elliptical call of duty playoff. He has not responded, but i'm already training. I just want everyone to know by owning 90.
That means amc can be sale, high numbers right when it's squeezed uh. I don't quite know what that means, but understand it's. We own 90, excluding index funds, um, there's a lot of people who are kind of cutting the sentence a little bit short. It is proper to say we own 90, but it's actually very accurate to say we own 90, excluding index funds.
Obviously index funds are um a player that has to be acknowledged in the world of almost every equity, especially every major equity um. So i i don't think it's um it's one of those things that it's more hype and it's more exciting to say we owe 90 and then it's more of like all of a sudden you're becoming the nerd. But it's like, but excuse me it's actually 90 uh. But without index funds - and it's one of those things that i get it it's like not as hype, but also we're dealing with something that, like you, want to be technically accurate, like accuracy matters, technical accuracy is paramount in this scenario.
So when you're saying it like, i'm going to say that we owe 90 excluding index funds, that's the proper statement. What is the percentage of ownership by the float by retail, based on excluding index funds um? The most extreme scenario i could come up with is still 78, which is so absurd, which means - and that's from june till now that means only two percent: a net two percent difference from amc coming from an all-time high to now, which to me is the first Piece of quantitative data we have that proves the apes are diamond handed and someone brought up the good point that naked naked shorts are not counted as well. He said 90 of the official 516 million amc shares yeah. But what did he say before that? He said? Excluding index funds, retail owns 90 of the official 516 amc shares. I posted the video i posted his audio on my channel on the youtube channel. Also on twitter, like you can listen to it yourself, you don't have to take uh social media's input on it. You can listen to it with your own ears. Are you open to business opportunities? Uh sure drop me a dm depends what it is.
I've, it better not be like pumping some random crypto project, because if it is just don't even dm me, it's not going to happen. Uh justin, trudeau would call 78 a fringe minority. We, the apes on the flop. Thanks for all, you do the ips very much own, like the clear majority of the flow there's.
No, if ands or buts about that uh, can you have true demon on to talk about m uln? The ftds are literally as high as the flow. If this isn't manipulation by market makers, i don't know what is ding ding ding ding oops, the casino is open um. So that is something very interesting coming out again about muln. So i think the news was a little bit.
I guess um not seen because of amc's earnings announcement yesterday, but yeah um. So if you want to know more about muln, you definitely have to check out truedemon he's on twitter. I believe it it's hell's broker, i think, is the name of the channel uh and i believe hell's training floor is the discord, but they've really been following the whole m-u-l-n storyline uh, it's very very interesting, but that's the recent headline from that is that there are More ftds than the float which, how is that possible, um, very, very interesting, stuff and yeah? We know that there's a crazy amount of manipulation and it's not just amc. It's not just gme and it looks like people have stumbled upon another one i-e-m-u-l-n.
I hear you on 78, but doesn't that assume that the large institutional holders are counted as etfs if they are not etf but separately counted as institute? That would increase above 78 overall, yes, 100. That's the question of what is or isn't counted in his breakdown of an index fund. We don't know it's not like. He said we counted this person, we counted this person, we counted this person as an index, but there are an etf, but we didn't count those we he didn't specify who we did or didn't count.
That's why i gave the most extreme case the most extreme case, with almost all of the big players being counted as an index fund is 78.. So if anything 78 is the floor and it just goes higher and higher, and that's exactly what i tweeted out in the most extreme scenario, the lowest number is 78, at least based on the math that i did um like i said, that's the extreme low. If anything, that's conservative and it'll just be higher than that um just so you know i did reach out to adam aaron. To specifically ask him exactly that i said hey. What is the number uh that you got for index funds i'll? Let you know if he responds um. Unfortunately i i don't know if he's been like too responsive to questions of this nature, but, like i said as soon as he hears from me or i, if i do hear from him, i will let you know. I asked him exactly that here, i'll read you my exact dm to him just so you guys know what i asked. I said good morning i was hoping you could offer a bit of clarification when you mentioned on the earnings, call that retail owns 90 excluding index funds.
What are the figures surrounding that? How many shares are owned by index funds? Thanks um, i shot him that dm. When i was crushing it on the elliptical playing call of duty this morning to get ready for my ken griffin challenge um. So if i get a response from that, you guys will be the first to know, because why, like i think we all deserve that level of transparency. I spent my drink all over my car laughing so hard.
Yesterday, matt gets it at all. Now. Can you go practice, fetching coffee with playing call of duty? What's going on jennifer, i think uh they mean bidness opportunities. They want to see your thickness.
That's where you're going to want to sign up for my only fans, uh fact, if you say matt's name three times in a mirror: net flick the lights similar to candyman. Someone shows up to complain about super chats, uh too funny too funny. What's so weird about that, and if, if you guys here, i mean there's a lot of you in here, first of all, let's make something clear. I have no expectations for super chats.
If you don't want to send me a super chat, don't send me a super chat if you're not in the financial situation, to send me a super chat. Even if you want to send me a super chat, do not send me a super chat. I don't know how to make that more clear. That is only for people who are like hey.
I like the effort and the work you're putting in i'm learning something i have a little extra money, here's a buck! What i need to make that very clear what i think is so fascinating is, as people get more about it, more people to troll them end up sending in super chats these people, who are very, very staunchly against me, getting super chats, which i just think is Kind of weird, because i don't know streamers, who don't take super chats um, they like they get trolled, like all of you, guys just end up, trolling them, like literally the amount of money that has been made off of trolling people who say not to do super Chats if they knew how bad that was like it's, it's they're they're working against themselves, wild wild wild wild always too funny. Okay, what's the market going to do today looks a little bit heavy just that open but patience, patience, patience, patients, patients, patients, amc bouncing off of 1760 muln coming down to a dollar gme, not doing anything out of the gate. What's tesla doing? Is there any big movers this morning gme flat mu d, whack d wack ran up to 98.50 now getting a little bit smacked uh, unfortunately, m-u-l-n we'll come back to it, but it's getting hit right now, ford uh, ever since divvying up the units between eevee and Traditional obviously we're up a nice six percent on that one uh. Damn your reverse psychology, fine! Here's a fiver! While i pull you out of my arms, oh brendan, brendan brendan brendan brendan. Can you share with the class? You have been a certain pillar of this community ever since you uh were became involved in this world and you've been involved in this. This live stream scene with us here at the moon gang for over a year. Like i remember you and i had like a skype call quite a while ago, like definitely over a year uh, could you share with the class? I guess not only your first opinion of this insanity, this community and everything that is or isn't going on, but could you also just give us a little bit of an insight of why you're sticking around here? What makes you an ape? What makes you a moon gang ape, jay pal talks today, yeah he'll be in front of the senate panel today in the house panel tomorrow i might have switched that, but one or one uh and then it's just back and forth, like one house and one senate Today and tomorrow and it's the state of the economy, i never get called in front of congress to talk about the state of the economy. Leo's loopholes thanks for everything you do.
I've sent enough haha dakota, what's going on, remember dakota! His name was dakota. The dakotas have been also a strong pillar within this community. Just all dakotas, i'm still here until we uncover the truth behind fart cake brendan is no rico vanessa. What's going on, it's been a hot minute.
I hope everything's going well uh. Today's my birthday and all i want this year are some attendees. Well, you could have made some attendees this year if you ended up getting involved in oil, because i think oil is still going absolutely buckwild. Uh oil currently trading at nope, going down a little bit, but still up six percent dow rebounds wednesday's investors shake off intensifying russia.
Ukraine, conflict, spiking oil. That's obviously not some good news. I i question: if it's going to hold, we've just been seeing so much volatility. Let's see what the news is up to uh president biden, state of the union recap: russian banks, expel from swift payment system over 800 000 flee ukraine as thousands more try to leave.
This is a live look at kiev and then we also have what is it like to be a black professor in the united states? We discuss blackness all right that doesn't really seem to be ukraine. I thought this was covering the whole ukraine thing all right. What do we have going on in the market? Amc selling off to 1760 quickly popping up to 18? Let's see if it can recapture 1825 ford on a nice push. Investors traders are really liking. The division between the ev unit and the traditional car unit dwac had a nice push almost looked like it wanted to make a run to 100, but right now trading at 96.50. I have one word pirates that was my first elevator pitch on twitter hope. I nailed it all right i'll check that out, penny slayer meme maker. I think the 1v1, with ken griffin should be for his copy of the constitution.
Also, if you need practice, you know i'm always down to jump in some games me maker uh. I would be honored to practice my call of duty stair stepping skills with you. This is folks just so you know. This is how much mean maker is supportive of me, beating ken griffin.
He actually already sent me links of the stair stepper i should buy like he was full on. He is like my mickey if i were rocky balboa he's like fully committed to this competition. Uh state of the union recap intel ford, gm bull, big tech, privacy, pharmaceuticals bear yeah, so he was talking about intel, opening up a large plant in ohio and then also the fact that he really wasn't the most. I guess supportive or bullish of tesla that actually caused elon to like speak his mind and he was kind of hitting back against the president uh.
What is my take on the banking sector on financials bullish, especially with the rate hikes? We know, there's going to be at least four, probably more rate hugs this year. That will benefit financials. If you ask me what sectors i think will perform the best this year, i think it's energy and i think it's financials and i also think it's the opposite of whatever i do with tesla. Those are my three most bullish calls for the year fade me on tesla long on energy, long on financials cootery.
You can play, but it's uh. You have to have a stair stepper as well or actually technically an elliptical. What did he say? An elliptical exercise machine? He didn't just say elliptical, which is like the weirdest thing i've ever heard in the elliptical exercise machine. I too am human all right.
We're see we're seeing the spygen a little bit of pop pop poppy right there, a little bit of a pop-pop poppy um. What am i doing with tesla right now? I have no position well in my long-term account. I'm invested in tesla, i'm not actively trading tesla right now, which means, if you want to do the opposite. That means you could trade it anyway and you'll probably make money.
Just always do the opposite: the elliptical trainer, the elliptical trainer exercise machine. What's going on martin good morning, good morning, good morning, growth with travis hope, you're having a great day, lawless next, wolf ben erm run ruiner western free radio almond. Is that, like almond brothers or like you just really like almonds, emul ellen popping again someone's saying m-u-l-n trying to get going? Let me know if it makes it like if it's pushing a little bit more, it looks like d-wack at the moment is being a little bit more whippy whippy. All right is the spy going to hold 433 dwack actually coming down ford holding strong amc, thus far interesting reaction to its earnings. It is red on the day down 28 cents, gme is green. On the day. Is it moving at all trying to hold 120 low volume, thus far on gme, not even 100 000 shares and we are 12 minutes into the day. Very, very low volume, how's the tech sector, doing tech sector sold off, but we're getting a bounce tech sector sells off, and then we get the old bounce house oil oil hanging out at 110..
All right! We have this any news, any news. What are these folks saying risk all right, aaron katurski, stay, safe, aaron, thank you and coming up, president biden delivers. His first state of the union address, hear what he said about fighting for democracy abroad and a unity agenda here at home. When we come back when we come back, all right still looking a little bit pushing pushing pushing pushing pushing pushing all right our radar right all right right, our right or right man.
Let me check some of the internals for you very very quickly, so the signals i'm seeing are still bearish but they're close to switching over close to switching over uh from bullish or excuse me bearish too bullish. Where is the spy we're getting the old push right here? We're coming up to resistance 434.? Let's see if it can break it. Folks push and push and pushing amc. Waking up two forward cooling down a little bit muln coming down hanging out at 103.
tesla 878. Looking kind of good there, the spy, the queues are actually breaking out man, oh man, we're trying to break out. Is it gon na happen? We're at we're messing around the spy in the queue is trying to do its thing. Oh, did it get smacked a little bit of red equivalently across the board? Someone saying bitcoin ripping crypto has been crazy, crazy, strong, remember.
We do have a crypto stream, 2 p.m, et uh so check that out. That is on the crypto course channel. But if you're on rumble, you don't have to switch, president biden delivers first, all right. No no keeve looks like it's all quiet right now, all right.
What other? Let me go over some of the newest updates. Uh hang on. Let me pause this. This is annoying all right.
Here's the market for you to do it looks like the cues are looking strong. Let's see, let's see, i'm kind of liking the cues right now. Folks, amc with the breakout amc getting above 1826. Let's see if that can hold next target is 19 flat, but to me the spine, the q's are looking hungry in the very, very short term. Uh. Let's see, let's see if we could just ride the trend, write it write, it write it write it write. It write it would that be all right, i'm looking for on the q's, i'm interested in the qs right now, i'm looking for a push to basically 300 and another dollar on the qs. That's what i'm interested in uh! Maybe i can make some sort of quick short term trade, something like that, but uh iron up the cues on 3 45 just to see if we can get it.
I am not going to go into some sort of like multi-day multi-week bullish swing right now, just because i want to like i'll just basically ride the trend as much as the trend can be written um, but we're seeing some bullishness. I think the queues i mean the spy's looking good. It broke above 334. um, we kind of did nothing out of the gate, but the bulls are stepping up uh we're seeing the bulls in the spy, the queues, tesla amc.
Some people are buying this morning. All right about 50, more cents, cool cool. What else do we have uh? Because i'm going to need all of you to vouch for me that i'm not johnny come lately once the solar thing in townsville happens. If i'm right about the data satire thing, we're gon na need an easily accessed cross reference later with you and other youtubers shout out mr burns elliptical, i play call of duty on bowflex.
That's next level right. There new job at t-e-v-a got stock options, dead, cat t-e-v-a new job. Well, first of all, congratulations on the new job. This is in the pharmaceutical sector, which is by no means my strong suit.
I would be watching this top line and looking for that breakout, but if you got a job there, i think you would be more in tune, let's say with like: if it's a good investment or not man, we're seeing quite the push right now, the spy, the Cues, looking real strong amc, looking good tesla almost looks like he wants to test 900 buyers woke up early today. They woke up real early today, damn daniel damn daniel, even the two hours, looking good. Basically, the futures market for the s p, 500, bounced off of 4 300, which is impressive, impressive, impressive, impressive, all right all right, all right, all right! Where are we at on oil oil coming down oil, going all the way up to 112.50, currently down at 108.40? So oil, absurdly volatile right now, just so everyone knows all right. The spy ran up to 434.50 running into a little bit of resistance.
The amc still cruising along. You have tesla that got smacked at 886 for the time being, let's check out ford very quickly. Ford ran all the way up to pretty much 18. Currently at 17.70, let's check in on gme jimmy is holding above 120 on light volume hasn't even traded into 125 000 shares today, so definitely sparse volume there uh.
Let's get this update of the most recent stuff. What else do we have rsx hit a circuit, breaker halt rsx? What do we have? What do we have right here? All right looks like amc coming back to reaffirm this resistance. Uh, let's see if it can now act as support all right, fed's bollard monetary policy. Still a peak at peak support, putting upward pressure on inflation. According to the wall street journal rsx had a circuit, breaker bullard says economic risks from war in ukraine likely felt more directly in europe than in u.s. Bullard says high. Inflation requires fed to follow, through with rate increases and reductions to balance sheet. Whenever you're talking about the balance sheet, that's definitely a bit more hawkish.
U.S military says it is no longer requiring masks at the pentagon after new cdc guidance as fed raises rates. If inflation deteriorates, we can increase rates more quickly, inflation will likely be more than three percent by the end of the year. We are wrong footed and we need to get moving. This is from uh the feds evans.
Oh russian delegation is on the way to a location for talks with the ukrainian side. That was 32 minutes ago. So sounds like russian russian ukraine. Talking today, we know the fed is speaking to either the house or the senate.
Whatever one he's doing today, he'll do the other one tomorrow and then we also have some jobs reports both tomorrow jobless claims and then the unemployment report on friday. So those are some major economic or macro economic things to pay attention to. We will have to adjust monetary policy to deal with high prices. What this is all feds - evans, uh federal reserve member uh - russia - can still send oil and gas to the uk.
Despite a ban on the country, ships visiting british ports wow a little bit of an energy loophole right there, all right, our radar right, iterator right man, oil is just currently dropping like a madman attempting to recapture 109, but the keltner channel on oil right now just Looks so absurdly messed up and let's check out some of the internals for the market, trying once again still given a little bit in the short term, some bearish ratings, but so close to switching over. So close, obviously, in part due to the bullish, push that you're. Seeing play out in front of your face right now sold our key. Take rkt calls 1250.
Do i lose 100? If you sold those wait, rkt hang on. Let me pull it up. Yes, okay, so you sold calls. You did a covered call against the position yeah.
So your risk was basically you're going to. I don't know where you bought your shares, but you're going to be giving those up at 12 as long as you come to expiration and we're still above that, the 1250 strike so not 12. I mean 1250. um, so you're gon na be, if we're above it at the point of expiration you'll, be giving up those shares at 12.50 to whoever bought that contract off of you all right.
The market not holding the most confidently. Let's watch 433 that was kind of a interesting level. 433. There amc this breakout level of 1826. It's holding gme kind of low volume, not doing much. Today, tesla coming down off of 886 d-wack trying to pick up again. This might be a worthwhile watch you're. Seeing that the spy and the q's are kind of behaving similarly right now, so let's switch this over to muln uh, trying to pick up a little bit the spy wait hang on did something happen.
Let me check out the futures market. Just you know in the futures market, this is the zone until we break above this or below this. I think it's just chopped city. We have some clear support.
We have some clear resistance. Just watching this chop chop chop no clear trend on the daily chart. Quite yet, russia's circuit fails again to sell euros. Oil and tenders citigroup falls as much as 4.2 percent.
What else do we have uh russia? Electric vehicle chargers, hack, tells users, putin is a uh. Okay powell will be speaking shortly. I wonder if anyone will actually be following that, maybe he goes on at 10 or 10 30.. Let me see if i can find pal's talk time, because that will sway the overall market uh pal speech today.
What is this march 2nd? It's either the house or the senate. When is he talking what time? What time reuters doesn't have that information do any of it is 10, usually it's 10 or 10 30. uh. I wonder if anyone's streaming this, because that will cause the market to do something, something something something uh j-pal pal, no, no, no! No live! Where are you pal? We will find you we're gon na find them.
Where are you at buddy dwack, whoa, d-wack, explosion, drone pal? Is it on c-span d-wack d-wack is just ripping right. Now, that's crazy! The we act, dewac d, wack, uh brian, says i'm a sellout brian who did i sell out to or if you could offer any information at all on how i'm a sellout. What the heck is wrong with you sellout once again, brian, who did i sell out to how did i sell out to them? What's the information because you're starting off on a bad foot, you're starting off on the foot of like potentially having a single digit iq like you're kind of coming off as dumb um, and i'm just curious, polis too sellout on skinny jeans? I like that uh. So now we have brian and paulus forever, two stupid people and before i kick them, i want to know well like what is their potential reasoning that sold out to mcdonald's.
I wish i sold out to mcdonald's. Do they already leave? Oh, that's! How i'm a sell out evil, so i just sold out to evil. Like apparently satan himself came in and he's like, hey man, let's sign some sort of sponsorship deal. You call out the the good word of satan and i'll give you five bucks a day.
That's your your pitch brian man, ryan you're you're, you kind of sound dumb i sold out to evil uh t-wack is what i used to call my ex-girlfriend interesting. Well, mulln's, moving amc coming up to 18. Let's see if that can hold there d-wack beautiful pop beautiful pop on d-wack uh. Now i'm curious about spy spy has made its trend kind of obvious for the day. What's it going to be doing, is it going to stick with this higher low, or are we going to have a wedge scenario where we have like a lower high, i'm watching the next arc pattern on the spy to get a better vibe for the day and Most likely going to be influenced actively on what a pal does or doesn't say, uh. Clearly you spend a lot of money on your eyebrows, seeing how perfect they are. I don't know, maybe genetics, but there's your eyebrow fun. I appreciate that that was actually the trade-off with uh lucifer himself he's like hey uh.
If you like, give me your soul, i'll make your eyebrows perfect for the remainder of your life, and i was like that sounds like too good of a deal to pass that pass up. I know a good deal when i see one so whenever you guys are looking at my eyebrows understand what i gave up for it. It was purely my soul. Purely that's.
All i had to do was give up my soul, and what was i doing with that? Anyway, big cap money sell obviously also a lto, let's check out alto alto, looking good on the daily. Actually, it looks like it's kind of at some resistance right now i would watch 6 35 and then 6 50.. That would be my next target. I wouldn't chase it, though one two three four five green days in a row if you have a position, ride the trend, but for me it seems a little bit.
Chasey mulln got a nice push to 117. amc. Drifting lower battling it out at 18. Right now.
Uh dwack trying to decide if it's gon na just base and rip or if it's just gon na pump and then dump. I don't know something about dwack right now, something about it. Let's see what we could do with dwack. If i can load this.
If this guy actually thinks that we only own 90% of the float because the A-man said so in the f*cking earnings report, than I must say Matt Kohrs is one of the stupidest AMC YouTubers ever existed on this planet..
We most likely own the float 14 times over and people apparently still donβt get it πππ
Was there a FED talk today?
I get why you donβt like people saying boycott options and it is a nonsensical idea. That being said, calling people that do that losers and wastes of atoms is a bit immature and unacceptable bullying. Inform people they may not be educated and you can do that without attacking their existence. The behavior is dumb not the person. As a counselor I see many people that were called things like you just called them, and they then project insecurities and may come off like bad people to some but they are just not in the healthiest place themselves. I agree with the sentiment but not the execution