Houston, We Have A Problem
The Matt Kohrs Show (Oct. 8th)
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The Matt Kohrs Show (Oct. 8th)
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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
Around the like church the going crazy they quiet like a church M with the C that we never get k the we seezy like church C Church M Hell hello hello hello I Hope I am live. uh what's up Nerds Oh man. speaking of nerds, I'm the one who looks like a nerd with my glasses Mark right there. Wait, why am I hearing so much feedback? All right.
Well, it's Sunday and some Sundays are fun. Sundays Where the main issue is me just discussing how my fantasy football teams are getting absolutely annihilated? Shout out to the Eagles I Hope you absolutely crush it today. the game's in a couple hours. Uh, but this isn't necessarily one of those.
uh, fun Sundays Uh, if you've been living under a rock, there is now a new serious serious conflict in the Middle East Um, and it involves Israel and Palestine specifically. Hamas And it started about a day and a half ago. There's already hundreds dead, hundreds of hostages, thousands injured is a very, very, very serious thing. Now, before we we get into this: I By no means am an expert on this.
I'm I'm just not I'm not the guy who knows every little detail of the history of what's going on between Israel and Palestine. Uh, maybe you know more than me. Maybe you know less than me. That's not really what I'm here to do.
I'm more here to talk about what's specifically going on right now, not the history of how we got here. Like obviously it is important to put some of this in context. obviously I want to get into that Um, but I'm also not the expert on this. Uh, and I'm not in any way saying who's right, who's wrong? Um, there's I mean I'm in New York right now and literally as I'm speaking to, there are support rallies on certain streets for Israel and then there's support rallies for certain streats on Palestine.
It's obviously very very divisive. As a country, the US does support Israel But that doesn't mean with everyone within the Us or globally supports what's going on. it's this whole ter turmoil, this craziness. It's something that basically it it's you could go back in history as far as you want and you're still going to be finding out of like okay, they they did this so they retaliated this way.
so they did this that goes back hundreds and hundreds and hundreds of years. It is by no means a simple thing to just like wrap your head around with titles like I mean there's people who actually get like master's degrees, Phds in just this subject. That's how I guess intertwined in complex and far reaching the whole Israel versus Palestine type of thing is. Um, so with it being that complicated I kind of wanted to to set a little bit of a framework to uh I guess better explain how I'm currently seeing things and obviously us just being here.
uh, more than happy to chat about various aspects of it with you. Uh, but more like I said before I'm I'm really focusing on what's going on right now and maybe the upcoming implic ations for the week ahead. Now with that being said, don't forget that there's already baked in a lot of volatility recently if you look at the overall Market the S&P 500 the Nzq major technical breakdowns: the price action not looking the best on Friday We had an unemployment report, the unemployment report higher than expected, the jobs report actually more jobs outed than expected. At first the market wasn't looking so good, but by the time we got halfway through Friday it had a strong rally which I think caught a lot of people by surprise myself and included hey, if you got a piece of of it massive congratulations to you um I put out in the newsletter folks, there is a free newsletter pinned to the top of chat in the description of the video M. Locals.com a free newsletter I Kind of broke down really how the week in general was a red week and still even at the Friday rally. Technically it was a red week, but a lot of the losses were kind of like recovered by the giant rally on Friday Now with the current news obviously I don't think it's going to be lasting at least At First, I think there's going to be kind of like a jolt of just volatility because obviously markets don't like when things are uncertain. So I'm looking for that. But then, also, don't forget in the political sphere here, we have no Speaker of the house.
like technically we have an interm speaker of the house. But even with this of what the US is or isn't going to do with Israel Technically for a lot of the stuff you need a speaker of the house, so I think the GOP is going to be rushing to get someone else elected to help with all of it. But there's a lot of complexities that at least in layman's terms, like we need to understand and start to tie together to have a better idea of where this could go on the human level. Because yes, hundreds of people are dying probably not going to be stopping here.
And obviously beyond that, the volatility within our government, the volatility in the global market. Like. there's a lot, a lot a lot going on right now. So uh, I'm going to do my best to explain what I see happening here.
Um, the tldr of this is. expect volatility. I would not be leading bullish right now, just we've kind of been through this before. at what the start of 2022? Uh, where the initial announcements? People don't know what's going on and when people don't know what's going on.
they like to be a little bit more safe so we're going to see how it's going. But obviously, as always and arguably more important now, the Paramount thing is your risk control. whatever you're doing with money and at this point, I would just argue with your family with your life. Uh, I'm going to be covering this in a second, but all major flights to Israel are now being shut down from the major airlines.
I Personally have friends in Israel right now I'm messaging them on various apps trying to get through them. It's a crazy, crazy, crazy situation. So obviously there's many things in this world more important than money. So I would say. but the same general idea of like, hey, be careful with risk and right now, um, I'm assuming if you're watching right me right here, you're probably in the US I hopefully you are safe. um, but if you're watching from somewhere else I mean depending on where you are, dude times are absolutely wild, so let's let's be smart about this. Let's be smart. Uh, obviously things way more important than money.
uh, but in life in general, um, there's going to be heightened moments where you really, really, uh, need to be paying attention. So with that being said, I kind of want to rip through everything going on, at least to my understanding, arguably a rudimentary understanding. As I said before, I'm not an expert and then I'm going to try to connect it to what's going on in the Commodities Market specifically oil and then I Want to talk about the overall Market Um, if you want it in more of a written version, once again, the newsletter. it is pinned to the top of chat.
it's in the description of the video. You could get it for free. sign up. Right now.
If you're watching this and you're not signed up for the newsletter, what are you doing with your life? It's free Ma. Locals.com Just sign up. You'll get the newsletter. It comes out every weekend, typically every Sunday So with that being said, let's get rocking.
Israel Latest hundreds dead as fighting persists us weighs Aid All right. So some of these I mean this. Sorry, that's probably a little loud. This is what's going on in Israel handful of hours ago.
Go. What's crazy about this is the war. This conflict. This fight is effectively being fully streamed on.
Twitter I mean the amount of videos it? It's really, really sad folks. Um, obviously. I Guess this is a not safe for work or a no kid type of warning right now. Uh, be and really just being on Twitter In a general sense because the things I've been seeing pretty much all morning, all night, all day.
Yesterday there are some absolutely horrific things going on right now. Bombings, killings, murders. St Like it's It's what you would expect to see in a war. Um, obviously a tragedy.
A tragedy. A tragedy. Israel's 911 political analyst react to deadly Hamas attack. If you don't know what Hamas is, it's a militant group within Palestine.
This isn't 100% accurate, but I think it's actually easiest to think of palestin. The entity that is Palestine and I even have a map right here. So uh, in this red area areas which came under Israeli control in 1967 war as in Palestine very much still cares about that. So you have the West Bank here and then you have Gaza Gaza pretty much once again, all under Palestine.
but you have one part of Palestine that is the Palestine Authority Effectively, what is now left over from the Pl. and then you also have a different group of Palestine right here on the left side. Gaza and that's more of control by Hamas. Once again, Hamas is a militant group. Uh, they're Muslims. They're Sunnis. This is going to be important for a second, because they're basically um, in bed in cahoots with or a lot of people think they're in cahoots with Iran and they're also Muslim. but they're Shia And historically, those two groups fight a lot.
But really, what you're about to find out is Hamas who is Sunni are kind of in bed with Iran Shia Muslims And they kind of put their uh' differences aside with the goal of taking down Israel. So even though they don't necessarily like each other, they definitely dislike Israel even more, if that makes sense. But once again, this is a part of the Palestine Group which is Hamas the Gaza part but West Bank which if you're in the US I mean I was looking at pictures and videos. the West Bank which is another Palestine group.
but once again, they are. Their goal is not through military, militant attacks and conflicts to get what they want. The PLO or really the Palestinian Authority theirs is more political there, trying to go through like the legal process, the campaigning process, really the overall political process to get back the land that they believe is theirs. while Hamas is trying to get the land that they believe is there through military and conflict and fighting.
Uh, once again, I'm not saying who's right or wrong here. I'm just trying to show that the Palestinian group It's really better to think of it as two different groups, not all as one. Um. Eurasia's group in Brer said that the massive attacks on Hamas leadership into Israel is no less than Israel's 911.
The violence has also poured cold water on the possibility of a FastTrack Israeli uh, sui normalization process. This right here. This one little sentence I Cannot tell you how massively important this is. the Israelii uh, normalization process Saudi excuse me normalization process.
This is something we're going to be coming back to and it's absolutely massive On political turmoil. Global Turmoil Oil turmoil, the craziness. Now there's a very very very good argument that this cold water is exactly what Hamas was trying to do. The Israeli Hamas war is a logical result of 50 years of failed military policies.
So on that note, um, with all this fighting and the back and the forth uh is Israeli Israel Excuse me responded to the attacks by bombing a mosque in Gaza. Once again, not the West Bank think of Palestine as two distinct groups Cru Hamas on the left side, on the Water by the Mediterranean This is like they're fighting back. they're very serious military. I mean arguably the Mad is the most powerful intelligence agency in the world.
Which brings up another question of how did this surprise attack even get pulled off when like their intelligence agency like I mean it was a surprise attack from all different parts. But once again, this is just another thing as I was alluding to before of how you can find pretty much this entire I guess raging violence play out on Twitter in real time. which maybe it's good to be connected and know it's truly what's going on, but they are like actually streaming and videos and clips and pictures of like legitimately just people straight up dying. It's absolutely crazy. but talking about how we got here I thought Bill Amman actually had a very interesting post I retweeted it I Recommend that a lot of people look into it and he's just kind of bringing up the point of a vacuum of leaders ship. in fact, I think he might have used that word in here. Terrorism loves a vacuum and we have created one of how when we have made historically over the past decade, maybe decade and a half extremely weak decisions, sometimes that leads to things getting out of hand. So I'm not going to go through and read all of this.
Uh, but basically Bill Akman clearly calling out Biden and his weak Global Persona and I have to say I Definitely agree. Now on that note specifically for Bill. Is he going to be overstating things? Maybe I mean he's the same guy that had a pretty sizable short position against the market. Really? he was long volatility and he did that right before he went on an interview to talk about the Rona and the world shutting down and he like the best acting of his career, talking about his dad tearing up and I I think it was like 30, 40 m, 30, 40 $50 million bet against the market that he turned into like a billion plus.
So he is no stranger to using his public stance and his public voice and reaching the world audience to talk his own book. Um, so with that being said, he's probably saying this already with a sizable bet against the market or either long volatility something that's going to benefit it. but also that doesn't necessarily take away from the accuracy of what he's saying. But anyway.
I Retweeted it. I Put it out there. Uh, but basically calling about how this all potentially has come about. Obviously, stocks sink across mid East as Israel goes to war with Hamas and I Believe on the Northern side, you have Lebanon and they have a group that is kind of, once again, a proxy group for Iran.
Uh, and that's Hasbullah Hasbullah, However you want to say it. Um, so that is another thing I'll get into. but even right now the US market, you could check this out the weekend. Wall Street This is using a lot of macroeconomic things to predict where the stock market's going to open up.
because right now, at least at the point that we're talking about this, the Market's not open. but they're expecting the Dow to drop 200 points at open. Not looking good right now, but obviously the Futures Market opening up at Uh 6: P.m. ET so just want to cover that. uh, just obviously massive impact on the market. and the one thing that a lot of people are talking about is oil kneejerk surge. Oil experts predict Market impact of Israel Hamas conflict I Do appreciate how some news outlets are going out of their way to specifically call it Hamas and not Palestine because it is a subset of Palestine it's a Palestinian militant group. it's not Palestine as a whole I Want to drive that point home to everyone.
The overall impact on oil markets from The attack on Israel by Palestinian militants Hamas will likely be limited, provided by conflict does not escalate. Further, energy experts said we may see a knee-jerk surge in crude prices when the Market opens on Monday. Technically, it's opening up in about what four hours 5 hours. Both Israel and Palestine are not major oil players, but the conflict sits in a wider key oil production region.
Nlsa warning that has the potential to conflagrate conflagrate further. as in just get worse. Uh, obviously like that's not a big brain call out as Israel Hamas War rages on oil Traders focus on Iran So with this, there's a lot a lot of context and everything going on here. So I just want to put this out here for now.
Blinkin says the US has not yet seen evidence of Iran involvement in Hamas attack on Israel I'm not sure if I'm going to buy that in the long run and I'm going to be explaining that in like one second here, but he's our Secretary of State and there's a lot of people. I mean I'm already seeing videos on X or Twitter whatever you want to call it of how there's certain drones that it looks like they're from Iran but Hamas has been firing them off. We know on the North side and I'll show you some maps in a second. On the North side you have uh Lemonon and that's uh hasbullah.
Like there's a lot of crazy stuff right here. So they're saying this cuz I I think they're trying to say okay like the US isn't trying to step in right now and escalate it even further because like the volatility is just getting crazy I mean there's even Israeli citizens who were on uh vacation in Egypt who got like murdered in some s of town square like so there's just ridiculous stuff going on. So will this prove to be true in the future? I Have no idea but it seems like what they're saying right now is to attempt with all ability to keep things as Cal as they can Hamas attack thrust Palestinians back into Center of mid East Obviously that's why we're talking about it and then uh major aine suspend Israeli flights after attack. So this is crazy but let me explain back to that one sentence of where I said like of why things are getting like so important and you really have to break out the map to like better understand this Now remember as I'm saying this to you I'm no military strategist I'm no political expert I'm no Israeli Palestine uh Saudi Iran I'm no I'm not an expert in anything. The only thing I'm an expert in is not being an expert in anything. That's where I have expertise I want to get that out there So if you turn on your news I Was watching news all morning and everyone's like why did this happen? How did this happened? Why Now what's going on And the biggest thing I heard is this was the 50th anniversary of the 1973 attack. So uh, if you rewind about 50 yam kapor ago, uh, there was another attack on Israel from Palestine uh eventually Israel ended up winning. That and a lot of people are like well it's the 50th anniversary and they just had yam kapor again which is an important it's I believe consider considered to be the most holy of holidays and a lot of people are looking at that.
or um, if you like specifically follow the news from this region, it's news, but it's not new news, it's the same type of news that goes on all the time is specifically on the Gaza side. I Believe it's on the Gaza side. Uh that there's still complaints of um Israeli military encroaching on territory they shouldn't be encroaching on. So are they pushing the bounds of what their region? Yeah, probably.
but it feels like that's always been the fight. Is it something with the 50th? Anniversary Yeah, Maybe that adds into it. Is it just general discontent? Yeah, okay, that could all play a role. that's what.
I hear the news trying to shove down everyone's throat, but that one CNBC line maybe do a bit more of a deep dive and I think this is what's actually going on talking about the Israel Saudi normalization and this is a big big agreement that as it was bringing up the water might be thrown onto it. So let me explain what's going on here. The problem: If we were to believe this CNBC article isn't necessarily What's Happening Here with Israel and then just so you guys know, Gaza STP this is Palestine and then also West Bank right here this is also uh Palestine And just for the point of this conversation, to the north of it, we have Lebanon and that's where Hasbalah is who's basically In Cahoots with these guys all the way over here. Another thing I want to bring up of Iran which is to the east is this group does not get along with this group Saudi Arabia They are not friends and when you're talking about not being friends, it's particularly important to bring up when one of those people that doesn't like the other people now has nuclear power.
Iran has nuclear power. Saudi Arabia to my understanding is like Yo Dude, we don't like those guys. They're one person golf with away not good us. Are you cool If we actually we want our weapons too, just in case these guys decide to pop off and attack us.
And then the US was basically like yeah, Okay, fine we're going to let you have your nuclear weapons so you could defend yourself, but we want our oil for dirt cheap forever and on top of it, You better freaking promise not ever use those weapons on Israel And everyone's like, okay, we could deal with that because Israel Saudi Arabia they're not the best of friends I Mean obviously. um, there's a lot of cultural difference. There's a lot of historical things going on there, but they dislike Iran far more than they dislike Israel So they're like, okay, we'll do that. We're going to get our nuclear weapons, you're going to allow us to have ours so we can defend us against Iran We're going to give you oil cheap for basically forever. and we're also going to get Israel to really have normalization with the Arab world. And obviously, Saudi Saudi Arabia isn't the only one that gets to like call the shots on the entire Arab world, but they are arguably the most important one. So whatever they decide to do, everyone else is also going to decide to do so. This is It's a multi-way agreement that Israel comes out a little bit more stability to the area.
Saudi Arabia is like okay, we get our weapons and the US is cool, the world calms down and we get oil for treat. So who gets screwed over in this process is obviously Iran and you could also argue. Palestine So as this was all happening, Iran popped off and said no, no no no no no no no. What we want to happen is a three-way agreement between Iran these guys all the way over here China and Saudi Arabia.
So everyone's like okay, well it does seem as if the first deal is going to go through the agreement between Israel Saudi Arabia and the US. it seemed like that was the one and the reason it seemed that way is the UAE already signed on. So basically obviously Saudi Arabia UAE a lot of overlap there, every like agreements, cultural business, everything. So the UAA already signed this.
they agreed with it. they're like let's go Saudi Arabia was about to sign it the one signature that really really maned on it and right before it happened this happened the attack from Hamas who remember Hamas is currently in bed with Iran and with the those two working together to basically their goal is taking out Israel. So to me that's a much more reasonable explanation. Maybe the timing of it does like I guess align with some of this other stuff such as the 50-year anniversary since the 1973 fight.
Uh, maybe some of the recent stories of Israel kind of encroaching on some land. Yeah, maybe that added some gas to the fire. But if you were to ask me of what's going on right now, it's much more of the Israeli Saudi normalization agreement that was about to be signed. So it's crazy.
Now with it, there's a lot more to this story. There's a lot more history. There's a lot more complexity of how we got here. but I'm just doing to the best of my ability describing of what's going on in the current state.
And basically when I was listening to mainstream media, my jaw hit the ground because even based on the little bit that I know of all this craziness, they weren't even describing the little bit that was necessary. It seems a lot more to be the Israeli Saudi normalization involving us cutting out Iran and they didn't want that. A lot of people apparently didn't want it in the Hamas group. and now it's getting even crazier because to the North Side is right here. Lebanon Uh, there is is a group that is basically a proxy group for Iran Hasah and they're starting to like get On the Border and they were bombing some stuff it it it really is, um, as high of tensions and well, they're already boiling over. There's already attacks and missiles and bombs and this and that, so it's craziness. How is it going to play out? Well, obviously fingers crossed for everyone involved that it just chills and everyone's like whoa, whoa whoa whoa, Maybe there's a better way to do it. Maybe the best path is really what's going on with the Palestinian Authority in West Bank of where we're going through a diplomatic process rather than the Hamas group in Gaza where they're like, oh, we're just going straight military I Hope that that happens I Very much hope that that happens because there's lives on the line, There's already been hundreds of lives lost, there's already been thousands of people injured, there's already been hundreds of people captured, and they're currently just there as hostages.
This is a crazy, crazy situation now obviously without being cold. I Want you guys to know that for me personally and I think for all of us that we all admit the human aspect of this is the most important thing. but clearly beyond the human aspect, there's also going to prop more Global Political volatility. and Global Market volatility.
As I already showed you with the weekend warrior thing, they're predicting, the market comes down. we're already seeing some of the markets that are open. They're not doing so well and it's all intertwined so it's important to pay attention to it. And let me just show you the market here.
Yeah, on. Friday We had a nice recovery. Do I think it's going to hold after all these developments? No. I mean obviously it might I Didn't think the market was going to go up this much on Friday So I don't know 50% of the time I'm right 100% of the time I don't think it's going to personally hold uh I Do think that after oil vomited so much just now with these and people are like uncertainty like okay, what's the supply going to be? what's the demand going to be I Wouldn't be surprised if this starts to pop up a little bit.
I'm not necessarily calling for the biggest oil rally ever I'm not necessarily calling for the largest stock market selloff e but those are just the generic ways that I'm leaning so just wanted to explain that. But also, we can get into more detail here. once again, this is the newsletter Matt. Locals.com It's Free I Just wanted to put into one place what I perceive to be a lot of important information. So I did my best to break down some of the craziness of last week. the jobs report, the unemployment report, some of the political updates with Gates ating McCarthy On top of that, we have what's going down on Israel and oil as so just kind of my breakdown, more of a qualitative breakdown of the previous week and what? I'm looking to this upcoming week. Speaking of the upcoming week, just of course when it like I don't know. it just seems like when it rains, it pours on top of all the volatility that I'm already discussing.
we're going to be getting some inflation reports. So um, later this week we're going to get PPI We're going to get P CPI So we're getting inflation reports and it's also the start of earning season. So like I said, when it rains, it pours the start of earning season. More inflation reports.
The US political system doesn't currently have an elected Speaker of House and now we have a new massive global conflict. so of course volatility is spiking on top of that. Uh, I give you the seasonality you could see it from Monday Tuesday Wednesday Thursday Friday depending on what you care about I do a breakdown of the option strategy once again, roughly hitting that 80% accuracy Mark and then I do my charts of Interest I always include the spy and the Q's and just the major levels. Both the spy and the Q's made a decent recovery on Friday that I think took a lot of people by surprise.
The Q's even hit their upside gapville. Target Uh, now running into a trend line, the Spy basically saved itself from a breakdown, but with all this news, obviously just people don't like uncertainty. Markets don't like uncertainty. Wouldn't be surprised if it still continues to the downside.
AMD It did have a nice breakout. Looking for that to hold? Meta had a nice breakout. curious if that's going to hold Nvidia made a nice recovery, looking to see if that's going to hold and then I do some other I guess metrics that I thought was more funny before I realized what the seriousness of this part particular show would be. So I hope when you read that it's a more of a a light-hearted um time, not necessarily trying to crack all my jokes.
uh with just like the seriousness of the current global conflict. Um, so with that I want to switch this back over to this Does this work? Is this working? I Don't know if chat's going to pop up or not? Um, but with that. So this upcoming week, just in the US in the market, we have inflation reports and the start of earning season. Something to pay attention to.
Another thing to consider is with seasonality, the first week of October is week, but really the remainder of October and the first half of November does typically favor the Bulls. Now remember being bullish because of seasonality is not the end all Beall it's really not. Sometimes it works, other times it doesn't. It's nice to know I'd like to think of it is like is the current helping you or not helping you? uh in this particular situation. even though seasonality is bullish based on what I see in the US political system. But more importantly, now the new developments out of Israel I I Don't feel that bullish. That's just my opinion. Maybe you're of the mindset that this is just going to blow over and hey, all the power to you I'm just sharing my own thoughts on it.
so that's something to pay attention to. And then more specifically, you could look at oil. and if you think it's going to get really bad, maybe that's the point that you start looking at something along the lines of like Defense Contractors Locki Martin Boeing Rathon These are all major major companies that are basically in the position to benefit off of some sort of conflict. or War maybe even something worse.
Uh, so just want to call that all out to you. Obviously, it's developing in real time right now. There's probably news and just this chat with all of you. There's probably crazy things going on that we're all missing, so it's something to pay attention to.
Uh I I Not necessarily speaking any of this with these predictions with high confidence because I recognize just how volatile of this situation it is. So whatever you're doing, make sure you're doing your due diligence, make sure you're doing doing your research, and understand that this is very much a live situation actively changing. Oh, there's some of, uh, the chat I don't know why just randomly started popping up right now, but I guess that's how we're doing it. Um, that's pretty much what I have for you.
Uh, are there any questions? comments? concerns? Do you agree with me? Do you wholeheartedly disagree with me? Uh, this upcoming week seasonality is bullish I Don't think it's necessarily going to play out in a bullish way. The other that I forgot to show to you is actually this is what happened in the options Market on Friday Even though the price went up, the options Market was heavily betting against it pretty much the entire time. So this is what the NASDAQ looked like options Market going the exact opposite of the price Direction Uh, and then if you look at the Spy it was a little bit more flat even though the price went up considerably. Uh, zero.
DT People were pretty much flat and then if you had all expirations in consideration on the Spy, they actually went down as well. So um, not just talking about like the war and the conflict or whatever you want to call it. well, Israel has declared it a war on Hamas Um, looking at the options Market I I'm not seeing many bulls sitting in there, so I just want to throw that little piece of data out at you as well. uh, hopefully to make a little bit more informed decisions and whatnot. So on that note, heyo brother, glad to hear your voice today. Well, I'm appreciating you stopping by market going to be read. Those are my thoughts. but obviously uh, I'm I'm not GNA I guess like completely fall for that.
I'm not going to be married to that mindset. Uh, what else do we have? What else? What else? Uh, the death CS of human and all Mark the death cult are you talking about Hamas And that I mean it's just I I guess I Don't want to get too much into like who's right with Palestine and Israel because it is very complicated. To me it's one of those things of well, something happens and you're like, well, that's not right that that happened so they should be able to like, I guess hit back and then you say well, why did they do that? why did they? why did a attack B to begin with and that's because B attacked a and then you're like, well, that's messed up They should retell it and like it's this pingpong of conflict back and forth for literally hundreds and hundreds of years. So it's one of those things of how far back in history do you want to go to like, look at all of it.
um and I to be H like I haven't done my multi hundred years worth of research on the situation. um and I I think it's also very, very different or yeah, I would argue that it's very, very different when you're an outsider the way I am born and raised in us to like just have these thoughts of a different country and not fully understand not being immersed in their culture and like their life and stories from their parents and grandparents and great-grandparents like it's just it's just a different, it's a completely different world. Uh I Finally dropped my bull fag. I'm feeling bearish.
How do you make the Spy outlook on the beginning on the market? Is it ta? How do you make the Spy outlook on the beginning on the market? I'm not quite sure what you mean. Defense contractor calls. Yeah. If you think it's going to continue to get worse, probably worthwhile to pay attention to.
Boeing Locky Martin Uh Ron They're three of the most popular names in the world of Defense Contracting None of the Middle East wants the Palestinians even though they were from those countries. I mean I Think it's really, really tough to make generalized statements like that. Uh, in fact, I don't think you can make like a perfect generalized statement of any of the stuff right now because it's like I say it's so incredibly complicated. There's a lot a lot of deep history to it and it's I don't I just don't think you could do that.
uh Bitcoin Holding just below 28,000 it's holding there for now, but I would be doubtful of this particular development. It seems right now the crypto's moving a little bit more with like the NASDAQ and the dollar. not necessarily. um, like the flight to safety.
Does it feel awkward when someone is looking at your eyebrows when you're talking to them? turle Tom every single time Saudi Arabia Should nuke Palestin if they, if it wants Islam to be perceived as anything but a death cult literally, well I They don't have nukes as of the moment and if they did that, there would be far more casualties than just Palestine. You have to understand how close all of this is. This concept of they should just nuke Palestine That's a stupid statement like you. It's not like you can set your nuke to just be like all right, you can only take out this area. That's not how it works. It's very like literally, if you did that, it would also be impacting Israel There is no way you could just bomb Palestine and not hurt either to the east side Jordan where I guess it depends what part of Palestine you're talking about. Um, but also Israel Like bombs, don't just say hey, I'm not supposed to go on that block so that's a dumb statement. They should just nuke Palestin, that's stupid cuz you're going to hurt a lot of lot of innocent people.
Uh, help me make good money. You don't check your Twitter messages yeah, I do Tony Matt you help me make good uh sometimes Twitter just doesn't send them through. but I usually check my Twitter DMS once a day. that doesn't necessarily uh, mean I respond to them every day.
Uh, but I don't know which one your account is but uh I try to go on. uh Saudi Arabia Leveling Palestine is the thing that would convince me. Uh, all of Islam isn't a death cult Tates Block me on Rumble Today they imped death cult. Well, maybe you're just dumb and don't know what you're talking about if you have to do something so wild that Andrew Uh, tapate blocked you and you think that the way to solve this is to level Palestine You're just uninformed and stupid Saudi Arabia Leveling Palestine That's that's what you think.
The solution to this is and it's a pedo death like that's just that's just dumb That's like so incredibly uninformed they should just nuke Palestine Like that's you're literally just saying dumb shit. and I I'm not necessarily sure where you feel that you get um, your logic from because it's in incredibly devoid of logic. Like what if if you're in the point of saying something so outlandish that the Tates block you maybe you're just completely outlandish and uninformed and just saying wild things for some sort of a response and not like actually trying to have, um, a useful conversation. uh I mean where do you get your info for the support and resistance lines for spy? Could it determine? Could it determine the day? Uh, it's just literally the I Just look at the chart and look at the previous levels where it's bounced or been rejected.
I'm like oh it's turned here before whether up or down. like literally just looking at different price points of reaction. um goal prediction cause of War Uh well it's a little bit more complicated right now just because. also there is global inflation and gold went up for a bit but recently it's been hit. Um so as always I'd just be paying attention to price action. I'd be paying attention whether you're bullish or bearish. I mean I'm not going to sit here and tell you which one's the right one, but all it is is do you have as minimal risk as possible with as high as reward as possible? That's the way to play it. Um, how about we don't nuke anyone? Uh, I'm I'm a friend of that.
The the concept of warmongering is by no means anything I agree with I I'd rather go the opposite way and have less conflict I I Don't think warmongering really gets anyone anywhere. Um, are you playing fantasy football? My fantasy: I Am I'm in two different leagues in one League I'm undefeated and in the other league I've lost every single game so it's I guess by the time I average it out I'm doing okay. but it it's not the one League Really really, it just screws me over U but the other league I'm crushing it in. so hey I guess the tale of two stories.
Anywh, who? That's what I have for you for now I Just want to give you a little bit of a Sunday update once again. Pinn To the top of chat in the description of the video is the link for that free newsletter. Uh, but hopefully this gives you kind of just a better framework of what to be kind of paying attention to for the upcoming week. But I think it goes without saying that.
Yeah, be prepared for pretty extreme volatility. Um, so I just I Just want everyone to be a little bit more prepped up. That's what I have for you. Uh, I'll be catching you tomorrow morning 9:00 a.m.
bright and early I Hope to see you there, have a good evening. Whatever football team you're rooting for I hope that they win and I'll catch you later. Peace out, have a good one.
Sure hope the squeeze is resolved before WW3 starts.. 🙃
I guess the petrodollar is safe again
That was an outstanding analysis and you stayed neutral when discussing the war. That mother*** Iran is not friends with any country by the way. They think they are the biggest country in the world.
Thanks Matt!
Monday will bad because of Israel war think so buying puts on everything could be good idea 😊😊