Love yourself, when no one else will say can't help it they're, just selfish inside it seems like. I can find a reason why, if you just oh, is hey. It's me steve from blues clues. Let's go check that mail.

Folks, i used to be steve from blue's clues and then the market changed me. I fell into a dark pool and i came out looking like this. I was there. I was just good old, steve enjoying life and all of a sudden you, you fall into one dark pool, you get saved and you come out looking like an ape, and i i don't know, i don't know what to do about it.

I don't know if i'm gon na have to get a a refund on that dark pool swim. I suppose, folks things are looking pretty bullish right now, the s p 500 up 2.2, the queues are up 3.2 and the small cap sector. Iwm is up one point. Four percent amc's up six point: two percent gme is up six seven point: three percent green green green tesla, which i'm still in my tesla puts and i'm getting demolished, is up four point: six percent.

I don't know it's not. I my long-term portfolio, just my equity holdings, they're, looking good right now, my short-term tesla put my uso call i'm getting destroyed, getting destroyed, getting destroyed. I haven't thrown it in the towel. Quite yet i'm waiting for the fed meeting tomorrow.

But if things continue to rip tomorrow, of course, i'll just sell what i have and go long i'll buy, some calls we'll see how it plays out - i don't know, say la vie, but we do have quite a few developments that played out throughout the course of The day - and i want to go over all that - i have some interesting things that i think we should dive into so with all that being said, let's get into it and also shout out to today's stream sponsor i'm talking about attendees pin to the top of Chat is an ios download for free options, flow f-r-e-e-e-e-e-e-e-e-e, free options flow. That's the ios download they're rolling out with android soon as soon as i have that link i'll be giving it to all of you. But literally you have nothing to lose to sign up. It's pin to the top of chat, get it.

The app is called attendees all right. So here we are the s p. 500. Ever since basically, 14 20 o'clock has just been ripping ripping ripping it's safe to say that some of these shorts, i would assume, are being squeezed the market shorts, 14.

22. All the way up to pretty much like this is just ripping it's ripping. I think the shorts are like. Ah, we don't want to carry this overnight.

Maybe there's going to be positive developments with ukraine. Maybe people will react bullishly to the fed meeting tomorrow and they just, i guess, don't want to carry that overnight risk and, of course, there's probably some fomo buying and stuff going on. But as we're getting closer to the end of the day, it was looking a bit heavy and then something happened right after 2 p.m, and things just went bonkers amc finding support at 13 45, currently trading at 14.50, hymc uh, not holding remember this morning. It was up over 100, currently it's up 13, which is still a nice gain, but obviously that was quite a bit of a retraction from where we opened around 270..

Now i want to talk about hymc uh, i've been getting more and more questions. Did i buy it? No, i didn't and i'm not going to buy it. I am a fan of right now with high inflation and other various things going on global tensions. I understand of being involved in the world of commodities and hymc.

It's a mine in northern virginia we're talking gold, we're talking silver now, the reason i'm not in it and i might get into it, but i want the dilution to end so this came out this morning. This is a filing with the sec and, as you can see the date march 15 2022 - and this is the exact reason i do not have a position on march 15, 2022 highcroft mining implemented in at the market, offering program by entering into an at market issuance Sales agreement with b riley securities under the terms of the sales agreement, the company made from time to time, to or through the agent, acting as a sales, agent or principal offer and sell shares of its class, a stock which is just its normal stock. Uh right here, basically to the market having a gross sales price up to 500 million dollars. That's not just an like kind of run-of-the-mill dilution that we saw say with gamestop or a little bit more serious one with amc, we're talking and there's not really an idea of when this will or won't and who knows it, it might, and this week for all.

I know, or it might drag on we're not really sure it's not like they gave us a time frame, but i want to focus on this number 500 million dollars. Well, if you look at hymc, its market cap is 100 million. That means we're talking about a dilution to the tune of 500. So for me, i don't want to take on that's a serious amount of selling pressure.

So if i were to play this, which um basically i'm waiting to see when the dilution ends, i'm waiting for that announcement and just so you know, the announcement of a deletion typically met with bearish action and then, when it's concluded typically met with bullish action. I'm waiting for that and then i'm going to see the state of commodities at that point in time, particularly gold and silver. So for me this is a patient's play. I don't want to get in front of the.

I guess put the card in front of the horse on this particular play for me. I'm just waiting uh to me that that's a serious amount of dilution relative to its market cap, so patience, patience, patience, um so right now we're seeing hymc like it's just been kind of coasting sideways right now, and i do believe as soon as we get that Announcement that the dilution's over it'll go up but remember with dilution, that's a lot more stock and that's going to change the paradigm of what its short interest is uh. So that's a couple of things you need to know about it and if this is the first time you're hearing about hymc and you're wondering like wait, why are you like talking about this uh? It's because amc bought a 22 stake in equity stake in hymc, along with a pretty well known person in the world of mining. This mine is in northwest nevada and the 22 uh.

Another thing i was getting dm that the two things i was most commonly dm today is: am i in hymc? The answer is no. I've had no, i have no shares. I have no options. I've never had shares, i've never had options and for me to be willing to get into it.

I want to see the dilution and the other thing that i was asked the most was: why would they do this when they have debt to pay off? Remember what this was this amc's part of this was about 28 million because they went in with another person, so in total, let's just say the full value of just over 50 million. They have a war chest of 1.8 billion, we're talking somewhere between one and two percent. This wasn't like a massive expenditure for amc. Sometimes you have to realize some.

Some of these scenarios are like a drop in the bucket scenario, we're talking 50 mil versus a war. Trust some 1.8 billion billion percentage-wise, whether you look at the full value or most likely they paid half because they went into this deal with that other guy eric um. His last name starts with vanessa's escaping me at the moment. This isn't one of those things where, like they could have paid off all their debt.

You have to realize it was 50 mil or less and uh. So those are the two things i wanted to share about it, but overall amc looking pretty good as we're getting into close right now up 7.75, so that's kind of cruising higher and higher and higher. So i'm liking that um the spy ran all the way up to 426., i'm not getting out of my tesla just because the last time we saw a run into the end of the day. The next day it went very, very poorly.

So i'm basically waiting. I'm going to roll my die with the market's reaction to the fed meeting tomorrow. I might get completely burned on tesla or it might end up going in my way that that's the market. Folks, that's what this game is before we get into some of this other stuff.

I wanted to share that about highcroft mining, but there are other things i want to talk about. China has signed a 10 billion contract with saudi arabia to build refineries in china. That will be supplied with russian oil. That's china! That's going to increase tensions and we're also seeing that india is trying to strike like certain deals right now that uh might not make the u.s government really that happy biden pick.

Sarah raskin withdraws from consideration at top bank regulator at u.s federal reserve. So basically she was in the running to be the vice chairman of like kind of fed supervision. Her name is sarah raskin and she pulled out. We saw that joe manchin, i believe from west virginia.

I think that's where he is is west virginia. He said he would not support her at all and then a couple hours after that she wrote a letter to biden, saying she's no longer willing to run for the position. Moex, the russian stock exchange website was taken down, apparently by anonymous right here. Uh moax is down for everyone and i guess, like kind of anonymous: they they took it down m-o-e-x.

This is pretty crazy. The russian stock exchange website taken down by the hacking group anonymous, which is just absolutely wild. How many i need to follow this account. That is just truly truly truly insane.

You know. What's another thing, that's insane our girl here pelosi. This is unsettling to understand how much power she has like at first. You could watch this and you're gon na laugh and then realize that she's, the speaker of the house.

Third, in line to be the president of the u.s. This is very very concerning, but they know that we can't go there. Putin is trying to bait the trap so that we can go in old putin trying to bait the trap and that's the beginning could be the beginning of world war. Three, a putin totally irresponsible using weapons that are not allowed under the geneva connect convention.

Putin, who threatens chem use of chemical weapons, um nuclear and the rest, so they know that we can't, but it's the ask now he was this morning more let's, if we can't have an if we can't have a no-fly zone, let us have our own and we Need the airplanes to come in? No, no! No! No! This morning he was less on the on the ask for the um that policy more on. Let us do it help us get the planes, but also there is a school of thought that thinks the anti-aircraft missiles and the rest are a very important way myself. When i see that that those tanks at 40 miles of tanks i'd like to take out those tanks, i mean i, i think that aircr them having more planes might be useful, but that i'm not a military strategist. We hope that we will be able to get up to a place.

I hope you asked me how i i hope that we can get to a place where the uh migs, which are the kinds of planes they've been trained on, can go to ukraine. The f-16s, especially if we have an excess of them, can backfill for poland all right uh. So for those of you who maybe didn't get the audio rendition, i hope visually. You understood what i was going for and just a little translation, because that's what i'm willing to do as a content creator, i'm willing to kind of change up my content and do what you guys need to do to best understand the circumstance uh.

I probably miss a couple words here and there i'm kind of new to this, like visual interpretation of nancy pelosi's comments, it's kind of um, it's like a new dance style, uh, really good, it's kind of like jazzercise, but better like it really gets the heart going. So i'm new to it i'm in no way pitching that i'm an expert, but i hope that interpretive rendition of the few neurons that are firing in her mind. I hope you could better understand what was going on right there, so um you'll probably actually get. I recommend you watch it back no audio and i think you're gon na get the same message.

I've been working on that another thing, that's just absolutely bonkers that i want to talk about is citadel. Securities opens up after record seven billy windfall, but matthew citadel, seven billion windfall, but he's the enemy. What is going on here? Let's talk about it. This is actually some pretty interesting stuff.

Citadel securities was thrust into the spotlight in 2021. Well, i guess that's what happens when you, allegedly my lawyer, told me to say that allegedly basically broke her to do with the sec and robin hood to screw over retail and basically, like save all your rich friends with day traders, lawmakers and regulators all scrutinizing the Firm at the center of one of the u.s stock market's wildest periods, they're about to learn that amid the uproar the financial giant had its best year ever catherine doherty girl, oh girl, if i've ever read a piece that was basically like hey write, something nice about Us because we're taking a lot of you, probably got a fat check. This girl's, probably in the janet yellen type of stuff of like hey, come, do something for us and we're gon na pay you with stupid amount. Once again, please understand this is all alleged alleged.

I don't need to be sued alleged alleged alleged. I am not a financial advisor, i'm not a lawyer. Barely a person billionaire ken griffin stock trading powerhouse posted a record revenue of seven billion dollars as frenzied bouts of volatility, help drive up earnings, so this is one of the things that we're talking about where these market makers they're not really directional players. Banks are hedge funds, are market makers they're, always shaving off a little slice of a penny here, a little slice of a penny? Here they make money off of an excessive amount of trading.

They love volatility. They love high amounts of trading, that's how they make their money they're in and out before. You could even blink your eyes, they're, not directional players. They're, saying hey.

Are you trading a lot? Can we provide that liquidity and shave a little portion off every single trade with ambitions to grow even more? The company is starting to crack open its previously sealed doors to respond to its naysayers. How does that even sound like she did not write this as a farce, katherine doherty, i don't even know who she is, and i don't we're going to be friends after this, but hey you can't win them all, but even that previously sealed doors, just even listen To the tone of that, this ain't no blues clue style anymore. This is the world's largest market maker, as you're about to find out. They alone are responsible for handing 40 of retail trades this this group alone, and they have sealed doors.

That's like some cool gen z, kid just bottled up like transparency and yielded it right off a cliff. It doesn't make sense folks. This is crazy. In over a half dozen interviews, top managers addressed concerns that the firm is too dominant, discuss rumors of a possible initial public offering and hinted at plans to expand into business that have long been controlled by wall street banks.

For him to dominate just say. It say anti-competitive practices say anti-trust, get that word monopoly in there. Let's really make this article a little spicy. We want action.

There are many seeking to frame citadel security's narrative. They say to the guy reading it on stream, to frame the narrative ussec gary gensler has questioned whether retail investors are being disadvantaged because equities trading is so concentrated among citadel securities and a small group of rivals, i.e virtue after the firm's starring role in last year's Meme frenzy griffin was hauled in front of congress, where one lawmaker like in citadel securities to a casino and later another called it a shark. Just this month, comedian jon stewart threw some jabs at his new streaming show. Do you realize how petty you have to be to write that sentence just this month, lowly unknown, not famous, not a cultural icon? The dude has a goddamn gif about him and they're.

Saying comedian, like i don't know, we might have found him at a comedy bar in new york and he had a tight five. It was okay, just whatever jon stewart threw some jabs on his new streaming show just that little thing i don't know if you've ever heard of the company apple, i think it's like kind of a like a farmer's like, like a sunday farmer, stand type of thing Where a lot of locals they just come together and sell apples, i don't know i it's this company uh. They said that they're in tech, i'm not sure if you've ever heard of apple, but that's where the streaming show is and like they have. I i don't know i've never heard of the streaming show i don't know so.

It sounds like we just have an unknown comedian who's on a service that i don't even know what that is never heard of that company before - and i guess he's talking about it now - doherty catherine girl, what's going on here, let's talk about this: let's work out Our differences - this is crazy, literally they're, trying to be little john stewart show on apple tv. This is bonkers. So once again, why is this happening? Why is mr stewart and some snazzy looking kid in a like sleek blue suit? Why why or why are they talking about it? Do you think it's because that citadel is handling 40 of all u.s retail trading volume and one in every four u.s equities trade? Could that be? Why could it be? Maybe because in may of 2021, they were handling over 50 percent, which i don't know might be a little bit anti-competitive and as soon as it gets over 50, they lower it a little just so their buddy vertu can step in it's more of those things like Keep your enemies close, so you don't get hit with anti-trust regulations. I don't know i'm not a lawyer, i'm just thinking out loud.

Maybe i'm wrong! Maybe i'm just completely wrong on this one. Oh whoa, citadel security, citadel securities gains more share of u.s retail market-making. As banks pull back so you're telling me as time goes on, citadel ran up and it almost looks like they're staying right below 50 there. No, that has to be no way, did they think about that.

It's not like they have a building of lawyers who say hey if we stay below 50 we're not going to get hit with this stuff. I bet this just i. I bet that all these other guys are just fighting really really hard and citadel would go higher and it's not them giving the market share, so they don't get sued into oblivion. That would be a crazy suggestion.

I'm not sure i'm, i'm i'm not sick. Let me just read this statement from my lawyer. I am not suggesting that all right, so that's on that's on record. Let the let the court show that he said he's not not not knot.

If you want to be really cool, i think that's how the british spell it anyway, let's move on, they have won so profoundly said paul director of research. Imagine that coming out there they have won so profoundly talk about winning the game like do you know how like crazy? That is. That's not just the statement. They have won so profoundly.

That means we basically have a duopoly, and in this case they are focused on citadel, but it really is a duopoly that is handling all liquidity in the market, as in were reliant on two players, and one of those players did not continuously surprise supply liquidity to The market and they're referring back to when gamestop went wild. So there we have citadel bragging. That's not a safe system, that's not a safety net. When hits the fan.

That means we're relying on one person who's, not an altruistic company they're in this for-profit they're, not sitting here saying man, we we just want to do what we can for the market, because it's a great vehicle for financial movement to the upside. That's not what they're doing this is a dominant system and if they mess something up down down down, it's a ticking time bomb - and this was clearly highlighted in showcase by a company who resells games. Why, on them, banks and small arrivals have not been able to compete at the cutting edge of technology and attracting talent that train has already left the station. It's not a monopoly.

It's not. Banks and small arrivals have not been able to compete at the cutting edge of technology and attracting talent that train has already left the station. This is like a long version of a thesaurus. It's like how many words can we possibly use to describe monopoly without describing monopoly? It's like a reverse spark notes for your favorite thesaurus.

This is crazy and then this is uh zao. He is uh the ceo of one of these sub departments here of like the overall citadel conglomerate uh. All of a sudden. We find our name on venues and getting mentioned in places we weren't mentioned before it's something we weren't planning for yeah, because retail didn't know what was going on and you had certain people like dave lauer, among maybe 100 people on this planet who understood what was Going on, but no one it had no traction and then because the game stopped there is traction, that's the difference.

We are focused on making the best decisions, regardless of whether our name is being mentioned or not. You know what i find interesting about this is. We are focused on making the best decisions, question question question um best decisions for who uh and feel free to get that answer to my people. It's not rhetorical.

Retail investors get better prices and brokers, get better economics because of how the market is set up said joe mccain head of the execution services at the firm this. This makes my blood pressure go way too high. So you're telling me you're you're telling me that this author of this piece, catherine doherty, whoever you are probably someone who's way smarter than him. I bet you have a fancy pedigree on your wall ma'am.

I barely made it out of school. If this is an intellectual about you're going to take me to the mat, i'm a little stupid, my brain is a little bit smooth, but i have one question: are you telling me that a guy who works at the company is telling you and you're taking it As a fact that retail investors get better prices and brokers get better economics because of how the market's set up, you really thought you were going to get an unbiased opinion from someone about the company that pays them. What were you thinking? Restricting payment for order flow? Could hurt investors and wouldn't curb the order flow citadel security receives? There is a big disconnect between what we do. What the message should be about what we do and what the public perception ends up being yeah - maybe maybe maybe maybe i just wanted to share this - did citadel make a shitload of money yeah they made seven billion, it's a record for them.

They make money off of crazy volume, the more trading volume there is that's what they want. They want people who are in and out of particularly stocks and options. They love active trading, that's where they make it. But to me the timing of this one week ago, two weeks ago, and just this unknown comedian, who i'm not sure anyone's heard of and his streaming show, which uh probably even less known - i don't know whoever he is and whatever show this is.

This honestly feels like a piece where they're like hey: we need someone from a legitimate. I guess news source who's gon na write about how good we are. How is this an unbiased piece? I i don't get it i i don't they're they're show. I don't even think they know what they were showing they're like look.

How much market share we've been gaining look how few of players there are look, how much of a lack of a safety net there are. This does a great job at highlighting the fragility of current market structure, and it says nothing at all, not even one line about that good. Looking kid in the blue shirt that blue suit, i should say on this unknown streaming show should have more. It should have more well that's what you need to know about the newest round of media surrounding citadel.

Let's go back to the market, you have huge non-senior, downloader, didn't even mention ducks or foul look at that. I even finished it up before the market ended. I'm getting good at this, oh also. I guess the senate passed a bill that might like stop the whole time shift thing is that is that, right, the whole daylight saving thing.

Apparently, it's related to a serious increase in health issues, which i could see that i hate it. I hate it. Oh nancy, you were good. Looking that day, i know.

Thank you. It was the one day i was able to pull it off and i'll i'll be living on that high for the remainder of my life down the day with daylight savings still getting taxed. The casino is closed. That's all she wrote, that's the crescendo.

I just i don't know what crescendo means i need to go find that reverse thesaurus thing that i was telling you about to understand it better, but i know it has something to do with something and it just sounded right. So i'd appreciate it. If no one corrected me and just let me believe that that was the crescendo, i appreciate all of you seriously. You folks, you you, thousands of crazy apes are what makes this whole experience so much more rewarding so much more awesome.

Thank you. Thank you. Thank you. Shout out to everyone that dropped a like shout out to all the new members of the moon gang and shout out to all the existing members of the moon gang.

I truly appreciate every single one of you. I will be dropping some vod content. Um, don't forget to get that free options flow app. It's been to the top of chat check me out on tik tok.

I just made one we'll put some tickety-tackities up there uh. I don't know what it is just find me you, you can find me um anything else. I need to go over i'll post some vibe content i'll be streaming. My normal schedule tomorrow tomorrow is a fed day.

Do not forget about that. There's gon na be volatility. Fed day fed announcement, first rate hike since december of 2018. um, not that it really much matters but i'll call it out now, not this friday, but next friday i won't be streaming.

I will be traveling, but that's all i have for you overall much love and as always from me and share. Hopefully you are crushing it in the market and we hope that you have a be a youtube day, i'll catch you later. You.