Is you you, foreign, hey? It's me. It's me: matt, the guy who's reporting live from the moon studio, sponsored here by nasa uh folks, what a crazy day, what an absolute just bonkers bonkers day that we're currently seeing in the market, the volatility the insanity, it's so sky, high, it's so sky high! Sorry, i'm not a father, but i'm working on sneaking sneezing as loud as a father. So that's just something: i'm practicing in my own time, anywho. What a ridiculous day! This is an insane day.

We're gon na do a recap of the craziness that happened today. I have a little extra story about someone getting caught doing the type of order, routing they shouldn't be doing, got fined about two milli. You might say, hey, that's not enough, and it's not enough. I agree with you.

It's just it's better than not getting caught than not paying anything, so we'll be going over that story, and then i want to unveil my newest trade um and the reason i'm making it such a a deal. Such a dramatic process is it's actually a pretty sizable bet, at least for me um to some of you watching right now. It's probably not a sizeable bet whatsoever, but um your boy here he threw down a couple fat stacks on a play and i'll be giving all the details of said play. But let's do a recap of what in the world is going on? So, as you can see, it's been just a bonkers day.

Actually, let's pull this up, so here's the s! P. 500, we'll look at this one. So it's sold off very, very bearish. We're sold down down down down down down down.

We found support at 416 and then we ripped so we were coming down into basically the announcement from biden, saying uh we're actually importing. If you haven't heard of this yet we are embargoing, basically petroleum and petroleum project products from russia. Now a lot of people expected this and that's why we saw oil going sky high now. The reason it did continue to rip is within his speech that was this morning.

Uh before noon. E.T was, he basically said. I don't know if all of our european allies are going to follow us, because a lot of europe is very, very hyper, dependent, hyper dependent upon russia for their oil now with us about. If you look at all of our imported petroleum and petroleum products, eight percent comes from russia, so it's a little bit easier for us to kind of wean ourselves off of it.

In fact, one thing he said in his speech i didn't know at all is we're actually a net exporter of energy which, like i said, i had no clue of whatsoever anyway. That was coming into this and then right around noon noon. O'Clock. When you saw this huge run up like from 416 all the way to 427, it was basically on the announcement that ukraine will be not any longer seeking becoming a part of nato, so people are like oh okay, like maybe tension's boiling down.

Maybe that's the main thing: putin wanted and he'll like really stop, and then people started to realize eh, maybe not so much overall, the world not in a good scenario. Tensions are extremely high. We're looking world war three in the face. We have inflation, that's just absolutely bonkers, so you're, just seeing absurd volatility.

Uh a bunch of money poured in a bunch of money, poured out a bunch of money poured in currently pouring out and we're now at the scenario of will it be a turnaround tuesday success. That's a very, very solid question and for turnaround tuesday to be a success. Basically, we need to close green, which would be about a dollar 78 higher than we are right now and based on what we're seeing i mean you can't count anything out. I know there's only 25 minutes left, but this volatility is just ridiculous.

We are at some support so very well. We could end green and i guess i should put in this title. Maybe a question mark a turnaround. Tuesday success story.

Um at one point you could have just taken your money. That was up a lot but like it is, this is so it's just so volatile and me preaching this with all of you of like don't be a hero, don't use excessive amounts of leverage. I de-leverage my own bets uh to share a story with you. I was betting against the market.

Like i said to all of you and i d leveraged it wasn't that much this run right here. I they basically reduced made me reduce my position and it sucked because they did it like 50 cents, not even 25 cents before it actually turned over, and i would have been able to hold on to my whole net short position. But they made me reduce my size just because that's how jacked up margin requirements are getting, and that was just through the world of futures. I just wanted to share it with you that, even with this, like we're hitting volatility levels that i was even like, this is just absolutely insane.

So overall, that's a little bit of a rundown. What's going on in the market gamestop, i want to show this off of you and prog both noteworthy green. We have gme, that's currently up 3.9 having an issue at that 105 level. We try to get above it and, unfortunately, not holding key level for gme.

Prague is up, eight percent, lucid is up 4.8 and tesla's up 2.75. We are seeing a little bit of green in the ev sector. Basically because oil is sky. High oil is currently trading at 124.

um. Before we get into the story of deutsche bank, who just got caught doing something that they shouldn't be doing - and just so you know, amc is also agreeing. Is that 1535 up almost uh? It's up almost one percent on the day. Now i want to talk about a play that i made and it relates to this so this morning you might have heard me bitching and moaning about how all of my capital is tied up, and i didn't want to get out of any of my current positions.

Lo and behold, i should have got out of that future short, but anyway, i am not feeling the best about this overall situation. I think oil goes higher. I really really do just because it's classic supply and demand, and the only way i think the supply and demand equilibrium improves, is basically if the tensions in ukraine calm down. Now we were listening to some sort of like military joint chief, something was being streamed today and all of them unanimously agreed that we are not that close to the end.

They think just from the intelligence and who knows maybe they're just warmongering, because that's what they like to do. That's a very, very strong possibility. But overall a lot of the reddick rhetoric was more along. The lines of we think putin is still just crazy and we think he's still going to do just crazy stuff.

Now, on that, i don't think oil is going to improve. I think oil is going to go higher because supply is going to continue to be constrained, as demand continues to rise. So because of that i decided to play u.s.o the united states oil fund. Now the reason i'm bringing this up and going into detail of like what my play was, is basically because i've bet a lot of money, i'm either going to win big or i'm gon na lose big um.

This is by no means you should be doing it. I'm not saying that this is not a buy signal. This is not a sell signal. This is not a hold signal.

I am literally just sharing my finance journey with you. I don't know if this is gon na win, i'm just i'm not the best at oil. This is not a particular commodity class that i'm tracking day over day, i'm just trying to connect the dots here that i don't think putin's done with ukraine. I think european countries, various ones, are going to start to come in and say we are not accepting imports from then anymore um in terms of petroleum, canada.

Doesn't us, doesn't, i think, more and more european countries as they figure it out? I think it's going to go higher, that's my thesis. My thesis is basically the energy situation right now and if you heard binance speaking he's like hang on, remember, i said we're going to pay for it like, and he was basically saying we're not at the high water mark. So basically i think oil goes higher. It's that simple, that's my thesis is, i think the overall situation is not at the high water mark.

I think things get worse before they get better and i'm literally just reiterating. Basically, what the president of the u.s has said and what literally verbatim many people in terms of military intelligence have been saying. That's my thesis. I don't know how long this will or won't take to play out.

So i bought leaps, they're kind of baby leaps. I bought the april monthlies on uso and i bought them pretty far out of the money. Now, if you want to know the exact details of like my strike and the premium i paid well, basically, you could figure it out right now in terms of the strike about the farthest out of the money ones you could possibly buy for the april monthlies. So i'm giving myself time i'm basically giving myself just over two months, i'm giving myself nine weeks for oil to continue to rip the high heavens, like i said i'll, either be very right or very wrong.

It's a high risk high reward play. I just wanted to share that with all of you. If you, the strike, i think, is the highest offered, which is 125 and the premium. I don't the premium that i paid.

I don't remember that off the top of my head, but that is in locals. If you want to keep an updated idea of what this situation is for me, i'll be posting that all in locals, but i'm just sharing that with you is that i think it goes higher roughly at the time that i placed it. Uso was trading around 84.50 and roughly at the time that i placed it, oil was trading at 123.50 right now. It's not moving much because it's so like it's far out of the money and also the expiration date is not that close.

But overall i am looking for this to go higher and higher and higher, and i would personally be a big fan of myself going in the money, because that's roughly where i would be able to 10x. My bet, that's me, going in the money right now clearly out of the money - and i know the rsi is already high. This is not a technical trade from a technical perspective. This is an awful trade.

I want to be very very clear about that, but this isn't. This is more of a fundamental and a bet on like the geopolitical situation um. So that's what i want to call out to all of you. Maybe some of you think it's smart.

Maybe some of you think it's dumb, i don't know. I hope it ends up being a smart play, but obviously time will tell in fact actually now that you kind of know what i'm doing, i'm going extremely long in the next two months on oil um. I'm like yeah, someone's pointing out the definition of elipse like that's what i'm saying is like i'm basically saying i didn't take the next monthly. That's why i'm saying i said it was a baby leap um just because i want to give myself enough time, especially because i bet like serious money at least serious money to me and we'll kind of go from there um.

But anyway, let me know: what's your initial instincts, do you think this is a smart trade or do you think this is a stupid trade, smart, trade or stupid trade we'll find out we'll definitely find out time will tell and what is the spy doing right now? As we're going into close, okay uh, why us over over xle uh? I just liked a little bit more of the greek values that i was seeing in uso. I looked at various oil exposure type things, and it's just the greeks that i was seeing related to uso. I thought were the most reasonable you're in on wheat. Wheat is looking very strong as well.

Okay, now now, no no listen up moon gang another one got caught deutsche bank securities, fine, two milli over best execution issues right out of the gate, i'm sure you're having some sort of emotional response, best execution issues. That's what us the ips have been talking about. All along with the payment for order flow, which we know is low quality, execution, piss, poor quality execution, some would say, and then your other response, which might prompt a little bit of anger, is wait. They were only fine two million and i have to admit yeah.

I feel the same way. The fine seems very, very small, but that seems to be the going trend with fines. Is that it's more of a speeding ticket? But i want to get into a little bit more of the specifics of the fact that yeah it does relate to the exact thing that we've been talking about is poor quality execution, which is exactly what you get if you're, using the likes of robin hood or Weeble, the financial industry regulatory authority also known as finra, says that the broker dealer failed to revamp how it routed certain orders, even after its own best execution committee, found significantly lower fill rates in its super x trading system compared to other routing methods right away. You should see more red flags, but like we, they were messing with routing and we're talking about rounding direct routing, or is it just going to be routed right to a market maker that type of thing and then we're going to be getting into what super x Is but this is right up our alley of some of the things that we've really been harking on.

Finra says it has fine deutsche bank 2 million over allegations that it failed to seek best execution for clients? I guess it's just another one to add to our litany of wall street institutions that do not give their clients the best execution and mainly they care about making themselves more money. The duty to seek best execution for customer orders is a fundamental obligation of any broker dealer that buys or sells securities on behalf of customers. You'd think so, but it doesn't seem like they really follow through on that duty. We will continue to pursue disciplinary action against firms that fail to use reasonable diligence to execute customer transactions so that the price is as favorable as possible under prevailing market conditions.

You would think that high quality execution in an efficient manner on the lit exchange or any lid exchange, i should say, would be the most reasonable way to do it, but hey who am i so there allegedly routed some customer orders through its trading system. So this is a particular trading system of how they decided known as super x with an inherent delay when the orders were routed to exchanges through its smart order router. So basically, what they're saying is that the smart order, router thinner according to finra, allegedly, was dumb af. The alleged delay resulted in potentially lower fill rates, the percentage of order executed at the intended time, price and size.

The firm's best execution committee found that the fill rates in super x more like dumb af from orders routed by the smart order, router were between 12 and 32 percent, while the fill rates on the order's routed to the exchanges were above, 90 percent check this out. So their order router was getting an execution between 12 and 32, which is horrifically low, while orders uh routed to exchanges, i.e lit exchanges above 90. crazy, deutsche bank securities uh allegedly lacked a supervisory system reasonably designed to comply with its best execution obligation and didn't adequately Disclose details on trading rebates once again, trading rebates, inducements incentives, just another, weird way to basically say the same concept as payment for overflow, not the exact same thing, but this is exactly what mr lauer was talking about: inducements incentives, it's really hampering the price discovery, competition And efficiency of lit exchanges coming back to rebates, inducements incentives, people being paid off in one way or another to route particular orders, and in this particular case the super x was just awful fills deutsche bank, of course, uh securities consented to a center and to pay A fine without admitting or denying the findings according to letter of acceptance. This is what you're going to see all the time.

If you look up any big wall street place when they get centered and have to pay fine, and they always do it without admitting or denying the findings they're like we'll just give you this money because to them two million ain't, nothing! Oh okay! You caught us doing something that if i had the best probably made them more than two million like okay cool, we take all of our profit, we'll take two million off of it. We're still net profitable cool, see you later sec, see you later finra. It's been great doing business with you. It seems like that is the prevailing.

I guess issue symptom really case that we're seeing time and time again of the clearly understaffed sec and finra. Remember from the interview that the gary gensler john stewart interview that there's a gofundme for coffee, it's a very like under-resourced entity. So, even when they somehow pull together the resources to find people doing the things they shouldn't be doing, we end up hitting them with a fine and what's crazy about this, is you might be asking yourself? Where do these fights go? They they don't even go really back to the people who were affected by it. They end up going to the treasury uh, it's a wild wild thing, but hey i'm at least going to look at the silver lining here and point out the fact that someone got caught for poor quality execution issues, that's a step in the right direction.

We have to take our wins where we can, because a lot of little wins end up in one big massive win. So does this whole story just came out today leave a little bit to be desired. 100. I'm right there with you, but it's better than nothing but of course, would love to get your thoughts in a comment below on all this 2 million just 2 million crazy crazy, a little bit of a speeding ticket a little bit of a road bump.

If you will all right so actually, how much is deutsche bank worth uh? I want to look up deutsche bank uh deutsche bank net worth oh just 1.3 trillion in 2020.. Nothing to worry about there just 1.3 trillion, i'm sure they were really crying about that fine uh. What else do we have going on? I'm so pissed off about my futures account and how that played out today? Hey how now, i guess i need to add uso to my watch list now that i have that big play on. I kind of almost don't want to watch it.

You know out of sight out of mind, it can't hurt me if i can't see it type of a deal i'll make this a green one, because why not? I'm still in cei, i'm still in dwack dwack's, not gon na end well, that'll be a full loss of premium on that, but hopefully cei will make it back and more like way way. Bigger than both of those play is like any real movement in uso, uh gme impressively holding today, prague up almost nine percent um. So in certain cases turnaround tuesday has been a success and at first it looked like it was going to be a failure. Then it looked like a success, then it looked like a failure.

Then it looked like a success currently looking like a failure, but we also have nine minutes left and the question is: can the spy in the next 15 minutes run a dollar forty? Can it make it basically up to what one nineteen fifty it just needs to get right here and then turn around tuesday? Technically a success? Do people, do you think the spy is going to end green, green or red, throw it in chat? What do you think? It's going to be green or red. This is getting a little bit of a a little bit of a bid team a little bit of a bid. I'm talking autocorrect hey if you haven't had done it already: green green red red red green reddish, we're getting a push a little bit of a push a little bit of a push. Whenever i say that i always think of the campaign with zach alfinakis.

It's a will pharaoh, zack, alphanaccous movie and he's like trying to get in the dory and they're like you just got to give it a push. Just give it a push. Just give it a good push. Uh everything get a little bit of a bit except the thing i need.

I need oil just to go sky high. Can i look at bte on the t bte? What's this thing, uh? Oh oil and gas so similar in the realm of cei symbol in the realm of h-usa someone in the realm of t-u-s-k. What is that other one inpo or whatever? It is? It's just another oil and gas production which all of these recently have just been ripping because oil ripping so people are pouring into it. As like kind of a sympathy, move off of crude oil itself, a sympathy mood off of crude oil itself.

Sorry i meant to go to this. Oh, i guess we're not making that green move. What are we at seven minutes? Well, if the market wants to go green and better get heading the other way, a dollar thirty-six? Where do we open up wrong way, spy wrong way? If you're going to do this thing on the one minute, we just got a double top at 419.. Would you consider doing a small account options, discord, or do you offer something like that? So in january we did a 10k to 25k challenge and i, like shared all those trades - and i just did that publicly on the stream and um there.

So there is a discord, but like that's, not open right now, that's just for a group of people that have been around for quite a while. So right now all the trades are posted on macquaries.locals.com and all the people and the discord are also posting their trades. There um, but it's macquaries.locals.com, it's in the description like the uso trade, that's in there uh when, basically, when i do any stock or options trade, i put it in there and then sometimes depending on, if it's not absurdly short term i'll, also post the future trades In there um for like the futures market, but that's all in there um there's a free version, there's also a 10 a month version and basically, if you take any of the credit spread plays, you could have already paid for it for the full year. Uh, hey matt got 10k to invest in need 20k in five years.

Where do you think i could reach that safely? I'd in the current market, i mean people have just been going to this safe haven idea of gold, but also with five years like gold could keep running up, but within five years it might come back down if, like the market starts ripping again, i mean, i Think the way i would do that safely, 10k to 20k in five years, i would just be selling super super risk. Adverse credit spreads. If i wanted to double 10k to 20k, i would sell credit spreads. That's definitely how i would do it the spy.

I guess not wanting to go green by the end of the day, we're going the opposite way at first, we needed a dollar thirty. Now we need two dollars and fifty cents. Where are these buyers at the buyers? I guess went home early. They punched out cei at a dollar 23 right now was looking way better this morning, when it was basically running up to two bucks.

What do you use for credit spreads um? What options account i use thinkorswim is my account for that. If that's what you mean or if you mean like an equity, slash etf? Well, that's whatever you feel comfortable trading. If you feel like you have particular insights to the spy or apple or i modern d-wack, or something like that. Most of the credit spreads i'll do are the spy, the q's the russell, maybe some of the bigger players, such as apple, any news on the fire at td.

I haven't heard anything like at all. It seems like just kind of that particular story. Just kind of seemed seemingly disappeared, seemingly disappeared. All right are the buyers going to show up in the final.

What do what do we have three minutes right now, i'm getting excited when i see a little bit of green. I just want to know if turnaround tuesday is going to work except a 270 run is definitely quite a bit of a run to do in two minutes. Do you have an opinion on moomoo? I don't i've never used it um. I don't know anything about their quality of execution or anything like that.

I'm, like 100, supportive of public public, no payment for word of float, no market makers. We already know the answer uh so for me like if i already found one that kind of. As of now checks, all of my boxes like i don't really need to go to another one, all right, what you doing spy - i guess we're just chilling here for the final two minutes, a little bit of a red final. Five minutes we're just seeing selling into clothes.

Do you think tomorrow will be bearish um? I just think every day is day by day, and i we've been kind of noticing this interesting trend where, whatever like the predominant opinion is, it seems like we just kind of do the opposite. I'm coming into today i think people were pretty bearish and then we got a rip and then all of a sudden, all social media turned positive and then they just kind of like rugged. The whole thing it just seems like fading uh. The predominant opinion on social media seems thus far over the past, like two or three weeks has been paying pretty nicely.

What do you think of oxy? I mean i'm very long on oil right now, so inherently that one i'd be bullish on inherently inherently all right, we're in the final minute, so something wild would have to happen to turn this green, which i don't know if they're gon na quite give that to Us 416. The volatility in this market there's been like days in the spy where this movement like a three dollar movement, is what happens all day like it just takes all day to get that and now we're getting it in a handful of minutes. This volatility is just so ridiculously nuts, i guess we're ending red today unless uh well, the bulls have 20 seconds 20 seconds on the clock, throw it up there jamie 20 seconds on the clock. Uso picking up hey, don't mind that oil picking up to 125.

I need oil to go higher. The casino is closed, close close, close, close close it in close, close, close wow what a day, what a day, what a day well the market's actually dropping now in post market, damn they are not messing around. I mean we've just seen what one two three four five, six seven eight minutes of unfettered selling into close. You never know um when things kind of settle in the overnight session and then um.

I guess we see what the pre-market's doing i'll make sure to do. A little bit of a write-up over there on locals and kind of give my opinions of what tomorrow, wednesday march 9th, will bring all of us uh, but damn damn damn damn. I just my jaw is on the ground from this. Like immense amount of volatility, it truly is now it's it's just ridiculous ridiculous.

Well, that's what i have for you today, uh so overall, the newest main play is being for me at least very, very long on oil. Maybe you agree, maybe you disagree, but let's see how this one plays out um. So we're going to be posting. Some extra content, some bad content later on and then once again tomorrow we will be streaming 9, 00 a.m bright and early, and i'm just checking my schedule, it looks like tomorrow will be a quote-unquote normal day of streaming.

Well, i appreciate if you even spent a second of your day with me. I do very, very much appreciate all of your support shout out to everyone that dropped a like shout out to everyone who joined up and became a happy ape member of the moon gang. I truly truly appreciate it. Thank you.

Thank you. Thank you. I hope you have an absolutely be beautiful morning evening afternoon night, whatever time it is that you're watching this, i hope you have a great one and as always for me and share best of luck in the markets, i'll catch you later, you.