Well, this sucks. We are officially in a bear market as of june 13, 2022 and boy. Oh boy, was it a bloodbath in this video? I will be doing my best to explain what in the world is going on, what to be watching this week for the upcoming events that definitely have the power to have massive swings to the upside, to the downside, crazy, crazy, crazy stuff. And finally, i want to show you some levels i'll personally be watching to be like.

Okay, are the bulls going to step up here or the bear's going to step up here and, most importantly, i want to share a little bit about maybe some traitor mentality of how to handle crazy, volatile bearish times like this, because it might sound a little crazy. It's actually a pretty solid money making opportunity before we get into all that, though, don't forget to check out public. You can get up to a thousand dollars in free stock when you create your account and get trading no payment for order flow. No market makers, a brokerage you can actually trust and now that i have that out of the way, let's get right into it.

So today started off like pretty much any other normal trading day, and by that i mean it was exactly not like that at all, and it was horrific in the asian session that market puked in the european session that market european stocks goes down. 2.4 percent bond yield spike, as traders spread over possible recession. You know that exact same thing that our leaders, the pal treasurer secretary, all of them tell us, hey, don't worry about it. Even the big banks were like, ah a recession's possible, but it's not that big of a deal don't worry most likely, not gon na happen.

Man, oh man, that led to our session s p 500 tumbles. Nearly four percent to new low for the year closes in bear market territory, and throughout this i will be explaining why i don't think we're done with all the pain. I think there's more downside to be had but check this out crypto. You thought that equity market was bad.

Look at crypto right now it was a pure bloodbath bitcoin at one point today was at 22.5 000 ethereum vomiting. Everything was just down down down. Here's the overall market we're in this crazy scenario where the s p 500 is selling off, but then the yields are spiking as if we're not gold's going down, as if inflation isn't a thing. But then, if you look at crude oil, which is trading at 121, if you pay attention to gasoline, that's ripping up and also we'll be talking about the consumer price index.

But we know at a minimum, it's 8.6, which is hotter than everyone is expecting, and we also know that they're lying to us when they give us that number and they're under reporting it and then the craziest thing is the dollar dixie is ripping as if we're In a deflationary scenario, what if you're looking at this and watching this video and you're thinking man, nothing adds up here. This is all crazy. I'm gon na watch this video just to see if i can get a better understanding. No, unfortunately, not.

I cannot tell you how any of this adds up, because it doesn't add up. We are in pure market chaos. The point of this video is that yeah we're in a bear market craziness is high, but unfortunately we're not at the max craziness level, because none of it is adding up and then yet we still have people in power, our government and the fed saying we got This under control, the fuck - you do everything i have up on the screen right now. None of it makes sense, and maybe for some of you who aren't really headlines, people maybe you're, not really charting people, maybe you're, just more of color book type of people.

Well, here's the s, p, 500, that doesn't look so good. Here's, a quick look at crypto, they're, literally running out of darker shades of red they're like can we switch it over to black like it's just such a percentage decline? We don't even know at this point. It is getting so bad that this just came out white house watching stock market closely, that's coming out and it's coming out at a big big week. So let me better paint the picture for you.

This is the s p, 500, and right now we're trading at 3.75. It all went belly up on january, 4th january 5th. When we got the fomc meeting minutes from december, we were told that they are now considering instead of quantitative, easing quantitative tightening and that got underway on june 1st and that's 47.5 billion per month of selling and before they were doing 120 billion of buying and they're Gon na double that number up to 95 billion come september, so anyway we found out they're, going from quantitative easing to quantitative tightening and since then we have dropped and we have dropped more than 20 percent, which means we are digging ding ding ding officially, in a Bear market that's the definition of a bear market. If you're hearing the word recession, that's typically defined as two quarters fiscal quarters back to back, where you actually have economic contraction.

So a recession relates to the economy. While bear market is literally a percentage decline in the market, i just for a little bit of clarification there. So, anyway, we found out that the fed is not really going to play ball. The way they were before when it was ripping to kingdom come and in fact now they're going to do the opposite.

That's why we have the saying: do not fight the fed well, most recently coming in on thursday, it was almost as if someone might have known something, but friday morning, june 10th we got an important inflationary gauge. Inflation rose 8.6 mma a four decade high. They were expecting 8.3, which is already incredibly high, but 8.6 is even hotter than hot. This is ripping hot, which is telling us the fed in no way has control of what's going on with inflation.

So, anyway, back to what we were seeing in the charts right here, it's as if someone knew on thursday, it was announced friday morning and then friday was awful gap down, and i personally thought there was going to be a reversionary gap up fill something like that. Just to fill up these holes that we have in the chart, but nope we continued to sell and we made a new year to date, low and it looks like more pain - is on the horizon. The reason i'm bringing up the consumer price index, i'm hoping that you're watching this in time, because on tuesday, the 14th we're getting the producer price index, so consumers the inflation for being a consumer, obviously producers, just the opposite for like materials and that type of stuff. That's coming out an hour before the market opens, so we expect more volatility, but no it does not stop there.

Tuesday is the start of the fomc meeting, the federal open market committee, and that is going to be where they decide the next interest rate, hike and they're going to hike it, because it's all about hey, battling inflation, and now this is crazy. U.S rate futures imply a 30 chance of fed raising rates by 75 bips. At the june meeting. We get the results on wednesday, it's a two day, meaning we're going to get it at 2 p.m, and then jerome powell will speak at 2.

30.. It's a 30 chance, but folks, i'm giving you your cautionary warning right now. If they hit us with a 75 bips increase in the long term, it's going to help fight inflation, but in the short term there will be chaos, and this hawkishness will most likely be associated with bearishness, and i would expect a sell off so be prepared for Wednesday, on top of that wednesday morning, we get retail sales. So basically, for the remainder of the week, it looks like this tuesday producer price index, an inflationary gauge wednesday morning at least we're gon na get retail sales.

How strong are buyers right now, wednesday afternoon we get a fed meeting and then friday, yes, there's more a cherry on top. It is quadruple witching where you have a lot of contracts, two options, two futures: they all expire, the dates of those contracts. So big players - i'm talking mega pension funds mega banks, big big, rich affluent type of people - are making decisions of where to roll their money into next. So it's a big change of money.

It's not necessarily bullish or bears just high volatility. So, basically, for the remainder of this week, tuesday, wednesday and there is stuff on thursday, not as important as the other ones, but still important the rest of the week. You should expect high octane volatility. That's the only thing you should be expecting because that's definitely it seems like what we're going to be getting now.

Most of these things granted quadruple witching, isn't bullish or bearish, but the producer price index i'd be willing. It comes in hotter than expected retail sales. Probably maybe a bit weaker than people expected and if the fed comes in and gives us a 30 bips rate increase. Excuse me the 30 chance of a 75 bits rate increase.

If that comes through when before this, we were expecting 50 and in fact in the last meeting, jerome powell was saying no not even on the table not being discussed, it will be 50 and then the very next meeting they're like no. We actually might do some people. This is crazy. You are living in craziness and that's why i started this all off with pointing out how none of this is adding up if you're thinking this is an incredibly difficult environment and things just don't make sense.

You are spot on now. The one final thing i want to lead you i've been told this is a good way to end. The story is like a little bit of positivity. Not so much doom and gloom don't be worried about a bear market.

Don't be worried about this type of stuff if you are an active trader, this is the time with the high volatility you get big swings, which means you can make big money. Remember the world of trading. It's no longer this concept of calling up your broker, buying the stock and hoping two. Three decades later, you gave made money in this type of environment.

You can be very creative and you can make a lot of money to the downside. There's a reason we have the saying stairs up, elevator down it's because it comes down so much more quickly than it goes up and there's quite a few reasons for that. But regardless what it means for you is if you're playing the downside and you're playing the downside correctly, you can make a lot of money. So, if anything, i think you should welcome opportunities like this now granted your ira, your 401ks they're, going to look pretty painful.

So you might want to not check on those in the short term. In the long term, i personally believe you're going to be all right, but also i'm not a financial advisor, i'm just a kid that has a camera so who gives a shit but anyway, in the short term, for your active trades, i would think change your mindset. A little bit because this could be a big big money making opportunity, and i wish you all the best of luck, hey. I hope you enjoyed this video and i'll catch you in the next one.