Turn up the bass turn up the bass. Let's turn up the bass: hey, hey, hey! What is going on! Welcome back to the market action with me, matt coors, as we talk about everything going on in this crazy, crazy world. It is wednesday march 16th and it is gon na be a day of crazy volatility. I started this one a little bit early because president zielinski of ukraine will be addressing the us congress in a couple minutes, so i wanted to stream that with all of you, then we have the pre-morning prep depending on how long he does or doesn't talk.

Obviously, the market opens at 9 30, then at 2 p.m. We're going to have the results of the fomc meeting, the federal open market committee meeting they're going to be doing the first interest rate hike since june december of 2018. It's gon na be 25 bips. One quarter of one percent: that's what everyone's kind of pricing in so that's going to be our baseline.

Let's see if we go higher or lower than that more hawkish or more dovish, and then at 2 30 jerome powell will be having a press conference talking about monetary policy and how they see things going on. So it's going to be a crazy, crazy, crazy day. I'll be streaming all the major stuff we're here with zelinski i'll, be on the crypto channel from two and it'll be a longer one today and then we'll be back on the quote: unquote main channel uh for power hour, it's gon na be a nuts day. If you're on rumble, if you're on twitch you're good, you don't have to switch but on youtube, you'll have to kind of bounce around from the main channel to the crypto channel.

Just so you know uh. We have a lot to talk about, i'm just paying attention to the zelinski thing shout out to today's stream, sponsor i'm talking about true trading group ttg. If you're looking to take your trading and investing a little bit more seriously and get trained with a nice data platform from people who are literally professional traders, they have modules, they have a chat room. They have all these cool like smaller meetings.

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It's pinned to the top of chat. It's also in the description of the video. So with all that being said, let's get into it right now. You can see that the spy, strong, strong pre-market action we're taking a little bit of a breather right now, but overall the spy is currently up.

One percent in pre-market after gaining 2.2 percent - i still have my tesla - puts that expire friday. I am getting absolutely murked on them same thing with my uso calls, but this is why you have to have reasonable bet sizes, because you're not going to hit every single one, but i'm still in my tesla puts i'm still in my uso calls and they are Not looking pretty amc, looking solid up 1.6 in pre-market hymc, this was the big deal related to amc. Yesterday i have no hymc position. I will most likely not have an hymc position, because i think it's going to take him quite a while to really wrap up the dilution.

That was just announced and this whole deal of amc, announcing a 22 stake in hymc, basically putting up 28 million dollars. Remember they have a 1.8 billion dollar war chest and then right away doing that and then all of a sudden hymc doing uh like at the market offering to the tune of 500 million when hymc is worth 100 million the whole deal. It seems kind of weird and when things like, when there's too many red flags going off, it's just easier for me to avoid it right now we're seeing a lot a lot of green dow s, p, nasdaq, all up one percent, one percent one point: five percent: Oil's also up, which is kind of interesting. Recently, we've been seeing them move in an inverse manner and then even yields are up.

Ten-Year yields are going up as we're going into a fed day, so we have very much a mixed bag and there's no way. This is all going to hold um i'm i don't know if today's gon na be bullish or bearish, because we have so many things going on, i'm just expecting high volatility and as i'm doing anything i'll happily let all of you know. Let me just double check here: he is not speaking yet. I just don't want to miss it all right.

Dow futures jumped 300 points, as wall street tries to rally for a second day fed decision ahead and yes, okay, fed decision comes out at two pal will speak at 2. 30.. Yes, i will be streaming that, but before that zelinski's talking at nine, it's just gon na be a lot a lot of movement today, a lot a lot of movement but yeah. The question is: will the bullish momentum continue or there are some people saying that basically, this there's a potential chance of it running until that to 2 30 and then basically big money kind of doing the opposite, but um? I don't know if that's definitely going to happen.

We got to take it in stride. I'm not going to be throwing out like many predictions of today has to be bullish. Today has to be bearish, don't be so rigid in your thought, ride the trend, that's exactly what i'll be doing kiev under renewed fire, ukraine zielinski says russia talks sounding more realistic, so a little bit of positivity there and we have some other things. Uh kremlin says idea of creating a demilitized excuse me.

Demilitarized ukraine, like austria, with its own army, could be seen. As a compromise kremlin says there will be personnel sanctions on leaders of unfriendly countries. A ukraine negotiator says ukraine needs a rigid deal with guarantor states undertaking clear legal obligation to actively prevent attacks. I don't know why these are always all in caps.

I find it a little bit more difficult to read, but that's a side note, so maybe from a geopolitical situation, we're getting a little bit more development, which is positive but obviously for let's say the average citizen of ukraine. The average person currently in ukraine, like they're still under fire, in fact, we actually have some more uh media personnel, unfortunately like paying the ultimate cost fox news, pierre and ola alexandra uh, killed in kiev um this. They were right on the outskirts and they were working for fox, like super super, obviously devastating stuff going on uh we're waiting for zielinski. Let me see if i could get through a little bit more zielinski says ukraine must admit it won't.

Join nato and its people must rely on themselves and our partners who help us. I think we're going to get a lot more of that type of talk out of this meeting. That should be starting any moment. Actually, all right, let me get ready for all of this, for you guys, uh goldman sachs warns that ongoing ukraine crisis could trigger a global economic downturn and identifies the three sectors that will be worst affected by wartime supply shocks.

These probably won't be surprising to you, oil and gas. We knew that cars and metal and then also shipping. I just wanted to call them out officially in a goldman report. A 700 million dollar super yacht owned and by the sanctioned oligarch who is the owner, was the owner of chelsea fc is sailing toward his other 600 million vessel in the mediterranean.

You know i i too am commonly in that situation when i'm skirting global sanctions. I usually ride my 700 million dollar super yacht to my other 600 million dollar vessel. I just wonder if, like is that the cutoff somewhere between 600 and 700 million, is that, where it goes from just being a a vessel to an actual super yacht, is that the official designation it just flips at 700 or 650 mil two super yachts? Oh no! I guess they're both super yachts, uh, two super yachts owned by the russian oligarch roman abraham. I always messed this last name up.

My apologies. I like i've done the pronunciation thing like 18 times and it just never sticks in my head are sailing around the mediterranean. Uh, the eclipse is heading in the direction of the solaris yacht ship tracking data shows there was no destination port where either superyacht listed a marine traffic's website. So once again trying to skirt around the sanctions.

Speaking of sanctions, russia has retaliated with some individual sanctions on people in the u.s. Russia sanctions biden's secretary of state blinken. The list doesn't end there, uh lloyd austin. We have mark milley, we have jake sullivan.

We have jen paske the director, william burns. We also have hunter biden, and we also have hillary clinton, so russia once again retaliating putting sanctions on u.s heads of state and related things. Nickel plunges five percent and london metal exchange, halts training once again, as chaos continues. Chaos in the nickel market continued wednesday, as prices dropped.

Five percent on the lme lme said a glitch meant. Some traders were executed below its new five percent price limit. This is a mess, and it's the big thing i'm seeing is that it. It very much pays to be a chinese billionaire company who's invested in nickel, because all the things going on seem to be protecting that massive short position, who's clearly blown out of the water.

It comes after a short squeeze centered on chinese metal tycoon set nicholas guy rocketing above a hundred thousand. Here we go zilinski's talking in that room. This is a congressional auditorium house, speaker, nancy pelosi at the podium there at the front of the room and she's expected to introduce the ukrainian president. Thank you good morning, good morning.

Mr president, good morning, madam ambassador, who is with us this morning, madame ambassador ambassador matarova. Mr president, it is my honor to present to you the congress of the united states, which has great respect and admiration and appreciation for your courageous leadership. Members of congress. I have the high privilege and distinct honor of presenting to you, the president of ukraine, vladimir zelensky flava ukrana volcano glory to heroes.

Thank you very much, madam speaker, members of the congress. Ladies and gentlemen, americans, friends, i'm proud to greet you from ukraine from our capital city of cave, a city that is under missile and airstrikes from russian troops every day, but it doesn't give up and we have not even thought about it for a second just, like Many other cities and communities in our beautiful country which found themselves in the worst war since world war ii. I have the honor to greet you on behalf of the ukrainian people, brave and freedom, loving people who, for eight years, have been resisting the russian aggression, those who give their best sons and daughters to stop this full-scale russian invasion right now, the destiny of our country Is being decided, the destiny of our people, whether ukrainians will be free, whether they will be able to preserve their democracy? Russia has attacked not just us, not just our land, not just our cities. It went on a brutal offensive against our values, basic human values, it through tanks and planes against our freedom against our right to live freely in our own country, choosing our own future against our desire for happiness against our national dreams.

Just like the same dreams, you have you americans, just like anyone else in the united states. I remember your national memorial in rushmore the faces of your prominent presidents, those who laid the foundation of the united states of america as it is today: democracy, independence, freedom and care for everyone for every person for everyone who works diligently who lives honestly, who respects the Law we in ukraine want the same for our people, that is normal part of your own life. Ladies and gentlemen, friends, americans, in your great history, you have pages that would allow you to understand. Ukrainians understand us now when you need it right now, when we need you right now.

Remember, pearl harbor, terrible morning of december 7, 1941, when your sky was black from the planes attacking you just remember it remember september the 11th a terrible day in 20 2001 when evil tried to turn your cities, independent territories in battlefields when innocent people were attacked, attacked From here, just like nobody else expected it, you could not stop it. Our country experience the same every day right now, at this moment, every night for three weeks now, various ukrainian cities odessa and her future new haven. Pro russia has turned the ukrainian sky into a source of death for thousands of people. Russian troops have already fired nearly 1 000 missiles at ukraine, countless bombs.

They use drones to kill us with precision. This is a terror that europe has not seen has not seen for 80 years, and we are asking for a reply for an answer to this. Uh terror from the whole world. Is this a lot to ask for to create a no-fly zone zone over ukraine to save people? Is this too much to ask humanitarian no-fly zone, something that ukraine that russia would not be able to terrorize our free cities? If this is too much to ask, we offer an alternative, you know what kind of defense systems we need s 300 and other similar systems.

You know how much depends on the battlefield on the ability to use aircraft, powerful, strong air aviation to protect our people, our freedom, our land aircraft, that can help ukraine help europe and you know that they exist and you have them, but they are on earth, not In ukraine, in the ukrainian sky, they do not defend our people. I have a dream. These words are known to each of you today i can say i have a need. I need to protect our sky.

I need your decision, your help, which means exactly the same. The same you feel when you hear the words i have a dream. Ladies and gentlemen, friends, ukraine is grateful to the united states for its overwhelming support for everything that your government and your people have done for us for weapons and ammunition for training, for finances, for leadership in the free world which helps us to pressure the aggressor economically. I'm grateful to president biden for his personal involvement for his sincere commitment to the defense of ukraine and democracy all over the world.

I am grateful to you for the resolution, which recognizes all those who commit crimes against ukraine against the ukrainian people as war criminals. However, now it is true in the darkest time for our country for the whole europe, i call on you to do more. New packages of sanctions are needed constantly every week until the russian military machine stops. Restrictions are needed for everyone on whom this unjust regime is based.

We propose that the united states sanctions all politicians in the russian federation who remain in their offices and do not uh cut ties with those who are responsible for the aggression against ukraine from state dumas members to the last official who has lack of morale to break The state terror, all americans, companies must leave russia from their market, leave their market immediately because it is flooded with our blood. Ladies and gentlemen, members of congress, please take the lead. If you have companies in your districts who finance the russian military machine leaving business in russia, you should put pressure i'm asking to make sure that the russians do not receive a single penny that they use to destroy people in ukraine, the destruction of our country, the Destruction of europe, all american ports should be closed for uh russian goods. We um peace is more important than income and we have to defend this principle in the whole world.

We already became part of the anti-war coalition, a big anti-war coalition that unites many countries. Dozens of countries, those who reacted to in principle, to president putin's decision to invade our country, but we need to move on and do more. We need to create new tools to respond quickly and stop the war. The full-scale russian invasion of ukraine, which began on february 24th, and it would be fair if it ended in a day in 24 hours, that evil would be punished immediately.

Today, the world does not have such tools. The war of the past have prompted our predecessors to create institutions that should protect us from war, but they unfortunately don't work. We see it, you see it, so we need new ones, new institutions, new alliances and we offer them. We propose to create an association.

You 24 united for peace, a union of responsible countries that have the strength and consciousness to stop conflicts immediately provide all the necessary assistance in 24 hours, if necessary, even weapons if necessary, sanctions, humanitarian support, political support, finances everything you need to keep the peace and quickly Save the world to save lives. In addition, such association, such union, could provide assistance to those who are experiencing natural disasters, man-made disasters who felt victims to humanitarian crises or epidemics. Remember how difficult it was for the world to do the simplest thing just to give vaccines, vaccines against covet to save lives, to prevent new strains. The world spend months years doing things like that, much faster to make sure there are no human losses, no victims, ladies and gentlemen, americans, if such alliance would exist today, that is you 24.

We would be able to save thousands of lives in our country. In many countries of the world, those who need peace, those who suffer inhumane destruction. I ask you to watch one video video of what the russian troops did in our country in our land. We have to stop it.

We must prevent it preventively, destroy every single aggressor who seeks to subjugate other nations. Please watch the video bye, hmm um, all right, i'm making a a game time decision. If you want to watch that, it's being streamed by all the mate like washington, post abc. If you want to watch that video uh feel free feel free, but i am not going to force you to watch it on this particular channel.

Five things to know before the stock market opens wednesday stock futures point to higher open ahead of fed decision. Uh. Yes, we're seeing a lot of strength in pre-market. The golden question is: is it gon na hold fed expected to raise rates for the first time since 2018? Yes, we the right now the market is pricing in one quarter of one percent, a point: two: five percent, a 25 bips rate hike.

That's the expectation beyond that, though, it's going to be a lot more with the verbiage, uh surrounding everything else, for example, are they going to offer guidance looking forward? My guess is no: if they come in and give us a 25 bips rate hike and they kind of say nothing else of like hey we're going to be reactive and we're not really going to be calling out anything and i'm assuming they're not going to talk About balance sheet runoff or normalization whatsoever, i would say: that's actually a pretty positive result of like everything just taking one's uncertainty out of the market, we're going to be in line with expectations. I could see a positive reaction to that. Zielinski says peace deal with russia is starting to sound, more realistic and also we just heard his address. Uh zilinski cites pearl harbor 911 and asking u.s to help fight russia invasion.

I don't feel the particular need to play a video with that sound in the background and everything like i said, if you want to watch it, go ahead, we're not going to be watching it here, but one thing i want to bring up and this will have An impact on the markets, the chance of doing a no-fly zone, is slim to nothing because that will be perceived as a wartime aggressive act and will most likely trigger nato getting involved, and people do obviously do not want world war iii. So this chance of a no-fly zone - it's not gon na happen because that's like literally like a borderline war declaration and most likely that's how putin and his cronies will interpret it. So that's not gon na happen. China pledges more economic support, stocks rebound so right now.

Recently, with fears of delisting, we saw a lot of chinese headquartered companies going down down down right now. They're actually had quite a bit of a bounce in pre-market and it's off of china pledges more economic support. Pfizer asked f-58 to okay, another covid booster for older adults, pfizer still doing their thing of hey. We got to get more people with more shots going on all right.

That is your rundown kind of an interesting morning. Thus far. Let me just give you a quick update. The overall market has an increased short interest up to 18, the nasdaq 14.21 and then the small cap sector coming in just below 39.

This morning i do want to talk about something interesting, so right now we actually have two gaps and for some reason i must have missed this one from march 3rd, so the spy is currently at 430.. Yesterday's high was 426.84 and then also this low from march 3rd was 433.80. We have two very valid gap plays one to the upside one, to the downside and with a day like today, where i'm expecting volatility in larger swings, i actually wouldn't be surprised if both gaps get filled. Once again, you have one to the upside from the low of march 3rd and then the other one to the downside is the high from yesterday and that's just based on where we're opening as long as things are pretty consistent for the next, whatever seven minutes.

So i'll be looking at that um, i think the upside one is interesting because it's actually a technical breakout. It's us getting out of this wedge. I think it might take more than one attempt you can see. Previously we tried to get out on march 3rd and it was quickly smacked and then the next day it even opened lower and in fact we didn't even get.

We didn't fill that gap yet so for today, there's gon na have a lot of things. Are gon na have to align for us to break out and hold this wedge as in the fed going in line with expectations or more dovish positive developments between ukraine and russia? If that were to occur yeah, i would see the market going haywire. I would see oil coming down, i'd see commodities coming down, but those are two pretty big. If so, that's what we'll be looking for in reality, i think the expectation that at least i have before the market goes ding and ding.

Ding ding is more along the lines of the fed's. Developments will be in line and that's a, i would say, a little bit of a bullish development and i'm not expecting the craziest positive developments coming out of the whole ukraine, russia debacle, so with it hey things. Could go haywire we might get both gap fills. We might get one gap bill whatever it is.

Let's look for the trend to start to develop itself and then, if you want, you could play said gapfill kind of a similar setup in the queues. We're gapping up right now, so you have the downside gap fill, i don't believe. There's any upside gap fills to be filled currently on the qs. No, there isn't um, but there is going to be resistance.

Uh just around 337 and in terms of small cap. Same thing, gap and up so look for the dow sign gap. Film, something to pay attention to the small cap sector doesn't have any upside gaps that we have to worry about, but you could be watching the region just above 200 201. Something like that.

Amc currently up in pre-market and let's check in on gme gme, don't forget after the market closes tomorrow, has its earnings announcement. Uh gme had low volume once again tomorrow or excuse me yesterday. My my bad amc and jimmy both had increased volume and i think a lot of this related to the excitement, surrounded around amc and then hymc uh. So let's pay attention to it.

I would love for amc, obviously the higher the better, because i would love for my shares to recover there on hymc remember. This is going to be un under an extraordinary amount of pressure until the dilution is done and the deletion is sizeable uh. The company currently valued just under 100 million dollars and they have approved dilution all the way up to 500 million, so they can dilute to the tune of 500. I don't see much of a relief until the dilution is over because any time there's a pop, obviously b, riley uh, the banking, whatever it's called that will be selling the shares into the market.

They're gon na be selling it into every single pop uh. So that's quite a bit of selling pressure until the dilution is actually like all buttoned up and concluded. So i personally have no hymc position and i will not at minimum until the dilution is over, and even after that i want to see what's going on. Is it still trading volume? Are people still interested in it because it's um, as you could tell yesterday, like quite a bit of the dilution, could have like come right out of the gate and they might have got a good chunk, but i'm not seeing much bullishness in it until the dilution Is completed, what happened with your cei calls, i'm still in it.

It expires friday. It's going to expire, worthless, uh, the cei and the d-walk d-wack, for my account, size are extraordinarily small, so i'm not too worried about them. Obviously i want to make money on every trade - it's just not being going gon na pan out, i'm a little bit more worried about tesla, because that's a bigger play for me relative to cei and dwack, and then the uso position that call for april is even Bigger so in the short term, my tesla one expires this friday i have put so i would like ford, obviously tesla to come down at this point i needed to get to like probably 750 just to be break even um. I'd have to check the math on that, so i'm betting against tesla and i'm long on oil, but tesla expires this friday and oil expires in the april monthly.

So i have a full month for that one to still come around for me. How long does dilution usually take uh? It depends on how aggressive uh they're gon na sell it into the market. I mean they're selling 500 million dollars worth, which tells me that i mean we didn't even have enough volume yesterday for them to sell it all. There's 331 uh: there was just exactly enough volume, but also they're not going to be 100 of the trading volume.

In a day. It depends on how aggressively they want to sell the 500 million dollars or if they even want to sell all 500 million dollars. It's it's kind of up to them. Uh, it doesn't have to happen in like a set schedule uh.

What else do we have? When is the data out gmt time? I don't know. I just know it's 2 pm et so in whatever five hours of four and a half hours um pretty much whenever you're talking about stock market stuff, it's easiest to keep it like think of everything in et, because that's how the stock market runs is easter time. Oh speaking of which shoot i cover i like shut, it hang on. Let me not that one, not that one, not that one, not that one.

I did want to share this. No, let me get rid of that right here. Senate unexpectedly approves legislation to make daylight saving time permanent. The senate passed a bill to move the u.s to permanent daylight saving time.

Since 1966, most americans have been used to springing forward to begin dst in march. The sunshine protection act of 2021 would end the biannual ritual of changing clocks uh. Obviously, if you remember that whole like how does a bill become a law, this is one step. It has to pass the senate and has to pass the house.

Then the president has to sign it. So this is not law yet, but it passed like the first. I guess, third, that it needs. Oh that's very, very loud in my apologies but ding ding, ding, ding ding.

The casino is open. All right we'll leave we'll leave oil up uh. Let me check in on muln to see how that soon, how are things doing out of the gate today? Muln is up five percent. That's one of the biggest rivian is up slow, rivian's doing some doing some stuff.

All right i'll have oil over here. I just i know that's going to be related to your indo, your whatever your imp, your cei um. All these energy plays are going to be directly tied up with oil, but actually not too much volatility. How is gold? Looking? I just want to give you a quick peek at gold, uh, 1 920 per ounce - all right, let's throw up the queues on the top, let's throw up tesla on the bottom, we're going to get situated for the day days like today.

You got to be a little bit more careful, yes, we're in a high volatility environment, but particularly we know between like two and three. There could be massive massive market swings. So, even if things are completely trending up or completely trending down, they could get 100 erased or they can get even more extreme in that direction, and this is all like the fed announcement and then also powell's discussion about or his answers to, the questions and the Press are at 2, 30., so between 2 and 2 30 and then, however long the interview like really takes, i'm expecting some crazy, crazy stuff. All right, we already have one eevee play up.

I see a lot of people. Oh, i saw a lot of amc. I thought it was well it's green on the day, but i thought it was like rip and you guys got me all excited for a second neo should be popping there's a little bit of a relief in the world of chinese stocks right now, neo's up 20. I feel, like baba, probably also up 20 19.8 um, trying to think of some of these other ones.

Jd is another one uh currently up 24 right now, you're seeing a big big pop in chinese-based companies and that's just because of what the chinese government said of like hey we're going to help you out, because we know you've gotten pummeled lately. What else do we had hang on uh? It looks like adam aaron, just tweeted, something adam aaron uh me diane, president and ceo of highcroft. She is experienced and highly able and she's assembled an excellent team with the superb track record. It's especially satisfying to be backing a female lead management team.

As i'd say in my nba days, go diane, go that's cool, that's cool! All right! What's the spy doing it's holding its one percent gain. Tesla looks like it wants to test 800. That's i needed to go considerably farther we're seeing some of these chinese plays give up a little bit of the gains how's the small cap sector, doing small caps looking strong. That should bode well for amc, which right now it is currently not, but remember we're only three minutes into the day, but the small cap sector, um right in line with the nasdaq both are up 1.25 percent, while the spy is up 0.9.

So the overall market, s p 500 - is the laggard of the day all right. What else do we have going on? What are the big movers? What do you guys mulin are people? Is that doing something all right, maybe pushing two dollars again? How cei doing maybe getting up to a dollar riving is up uh? What else is up? What else is making some crazy crazy ruckus micron is up 4.6 semiconductors once again doing well semiconductors doing well. Let's take a quick peek in crypto uh bitcoin over 40 000. Once again, we have ethereum over 2500 trading, just below 2700 solana, 83.

avalanche 70. and once again, just to show you the two gap fills on the spy. It's like look at this. We have one gap filled down to 426.84, another one up to 433.80, and it's like perfectly at this trendline.

There is a chance actually a crazy chance where we could push one direction and then just reverse, like uno, reverse and fill the other gap totally 100 possible. Um, someone is saying impp is that doing something? Oh, it's up. 9. All right, where's oil.

At right now oil is at 98 oil's up everything's up and usually like you're. At a certain point, seeing some of the reversion plays going, the opposite. Typically, over the past couple weeks, we've seen when the spy is going up, oil's going down, but now they're, both up roughly spies up. One percent and the oil is up 2 interesting, how's, amc doing all right, amc up 2 percent gme up 1.5 prague is down, but m is up.

Cei is actually up almost seven percent on the day, we're seeing some green we're seeing some green and someone said he cheated on me: the amc ortex uh. We took a quick peek at that early on. It's still around just like that. Sub 21 number all right.

The delusion question great great question: all right, as things are starting to develop because thus far one two three four five, six seven, the first seven bars for the spy, have all been green. That's actually kind of ridiculous. What time does pal speak today? 2. 30 et 2, 30.

um, with the short interest number one thing i want to point out is: i think it's good to kind of generically know the realm you're in, but there's really no need to be like hyper focus on it. It's not like there's much of a discernible difference of the increase of a short squeeze between 19, 20 and 21. Overall, it's kind of a question like is it being shorted? Okay? Is it being heavily shorted? It's like the league that you're in that is probably like best to actually know but um. It's i see a little bit of in a small group within the community of like a misconception that somehow the more it's shorted, the more likely it is to squeeze.

Well, not necessarily because the more it's shortened and you could interpret that to mean that more whales are taking bets against the company like more money's going into it. Um. Obviously, in the downside, and then, if they're doing that to overcome that you would need other whales or maybe even retail, to somehow like strong arm them in the opposite direction. So it's a fine line.

You want enough shorts to be in there that a short squeeze is possible, but you don't want so many that that selling aggression can't be overcome by the current amount of buying aggression. It's very much um like a balancing act for lack of a better word. Oh man, this spy. Well, it's outside of this.

That's for sure. I almost want to sell some call credit spreads. You could tag, i don't know. 441.

424. 445. 446. That's probably gon na be some money plays uh once again, a bear credit spread is what i'm talking about that actually would probably pay some nice money.

What else do we have? Oh, if you haven't already um, if you could help me out, don't forget to smash that like button. If you enjoy these types of streams, this type of content, it just helps get in front of other people who might be interested in the markets and obviously join up with the moon gang by hitting that subscribe button, whether you're on rumble or youtube hit that subscribe Button and if you prefer twitch we're also over there, but technically it's not subscribing. That would be more along the lines of following man. The spy is just pumping right now.

This is nuts. This is just ripping higher and higher uh, best ema and ma to use for the spy use 15 moving average and 200 ema um. It also kind of depends on your time frame. I, the 15 moving average is not the most common but hey if it works.

For you, i'm not saying good or like if it's good or bad as if it makes you money um, but more common ones are like the 10 and the 20 uh moving average and then the 50 and the 200. Some people use like the 9 and the 13 ema. I haven't really heard about the 15 being utilized that much, but it's also like if it works for you there's no, like you, don't need to change that if you're making money stick to it rug pull coming later. I kind of think so.

I think what we're seeing right now is a little bit of fomo. People are trying to buy the breakout. You might even see. We know the s.

P 500 is being shorted, so you actually might be seeing a little bit of a short squeeze in the overall market right now um, but i think it's just gon na get crazy. I i mean i can't say yes: okay, it's definitely gon na gap or uh get rugged uh it very well might get rugged. I'm just expecting crazy swings as the day continues on, especially around 2 and 2 30.. But right now, i'm currently watching this gap bill to 433.80, so pretty much a dollar 70 higher than where we're at right now, i'll just mark that out for 33.80 is one gap fill.

Why did that not 433 80 a bit of a reach target, but a target nonetheless uh. This is nuts, though every single minute bar has been green. You don't see like. Obviously it can happen you're, seeing it play out in real time, but do you know how rare that is for the first 11 minutes, every single minute bar close, has been higher than the open.

That's just crazy uh doesn't. It seems like a sus type of a thing biden to remark on zielinski's address at 11, 45., all right m uln not holding on right now. Hymc this, it's being diluted, that's a lot of selling pressure. I i can't.

I cannot tell you what to buy to sell to hold i'm just letting you know that the situation with hymc there's not really much about it. That makes me want to buy it. You can interpret that how you want. You could think.

I'm right, you could think. I'm wrong, but i am i'm not trading hymc, how deluded to the tune of potentially 500 uh. I just don't think there's i just don't see feasibly how there could be a spike in price until the dilution is over and i think a lot of people unfortunately got excited when they saw adam aaron's announcement and then they bought and they didn't realize that hymc Had an sec filing for dilution and that probably got mixed in terms of the excitement. So i'm here to like clearly inform you that, yes, this is being deluded ken griffin is trying to buy.

Excuse me that soccer club, the chelsea ken griffin uh buying from the oligarch what that's nuts uh revealed partnership to buy chelsea is between rickett's family and ken griffin, not hedge fund uh, citadel capital. A spokesperson for ken griffin has confirmed telefootball that he's teamed up with the ricketts family to make a bid for chelsea ahead of friday's deadline. The partnership is between rickett's family and mr griffin. Not his hedge fund.

He's trying to buy chelsea, apparently he's worth 27 bill who are the ricketts family. The ricketts family has confirmed that they will place a bid chelsea friday deadline set by the reign group, fake, shitting they're. Basically, it's up for selkasi of the oligarch sanctions, a blockbuster bid. So the ricketts family owner of the chicago cubs, can cover them.

They are leading an investment group that will make a formal bid for chelsea football club this friday, wild uh. Thanks for sharing that that's ridiculous, are we gon na get the first red bar in the spy, or are we just going green all day, there's just literally not allowing any red pure buying? Look at that? What is the r the rsi has to be so insane right now, it's just like coasting in the overbought territory. This may explain his trip to london when we were following his plane a few weeks back, i don't know if chelsea was for sale a few weeks ago. This all happened recently with the whole putin invasion thing and then us hitting them with sanctions.

Uh for any of the chicago fans out there are like is the ricketts family cool. I don't really know much about them. Ah tesla, currently ripping my face off spy shorts covering could be remember, shorts covering buying, is buying. There's no difference between someone going long and short, covering like buying, is buying they're they're, both buying.

So when you're looking at the chart, there's no difference uh, you can, through the data, find out two days later, because the two-day settlement cycle, if shorts, did cover but overall, like in real time. You never know unless you're like the short who's getting out of the position, and you share that information with someone, but just looking at the charts, just looking at the time and sales you can't tell if it's just pure buying like like or to create a position Or shorts buying to close a position, uh chelsea equals russian oligarch own soccer club, the most hated club in the uk well about to be a new owner. Rickett's family, ruined wrigleyville enforced all the local business owners out. Oh jeez wow that doesn't sound good.

Are you short on tesla, i'm not uh, i have puts that are getting like so utterly decimated right now so utterly decimated, but i'm holding i'm holding i'm holding. I just something about this. I mean look at this. We are.

I have not seen this before. Look at the spy 17 minutes of every single bar going green. It's very very easy for the community when we're seeing a bunch of red to say, like oh manipulation, manipulation. It goes both ways i mean.

Does anyone actually think this is natural to have 17 minutes straight on market open of pure green? I don't know if i've ever see and we're still going - i don't know we might. We might be going more than 17. like this is just nuts. This is not a normal market behavior, i guess what 17.

Let's see has 15 seconds to push green. This is so unnatural, yep we're going for another one up, we're still just going. This is big money. This is big money, doing something crazy, uh, thus far and you're, not even seeing much in the options market in nvidia call a tesla call in an amazon put, so the options market for big money is a little bit quiet.

This is ridiculous. This is insane uh. Amc actually pushing above 15.. This is extraordinary tesla continuing to rip my face off imp, m-u-l-n uh, trying to make it fight back, let's see if that could get above two.

This is honestly, if i didn't, if i wasn't sitting here with you right now, for someone to tell me that there's 18 minutes of pure buying with no red candle, i wouldn't believe it i'd, be like that's, statistically impossible, matt, it's so obvious! He's bearish on the market, i'm just saying it am i bearish or bullish right now, i'm pretty neutral for the reasons i laid out, i'm just saying if i saw 17 or 18 minutes of anything of all green or all red i'd be like that's pretty sauce Without any news, volume doesn't match price action less volume than yesterday for the time um jeffrey. I don't know what you mean. Volume doesn't match price action. Technically it spy.

Could trade one share today and it could come across at 500 and 300 and if that's the only thing, that's traded, that's what it'll be at um. I like. I know it's kind of hard to fit more of these complex subjects in like the limited space, but i'm just a little bit confused. You look extra thick today.

That's all! Will we see you later in chat? Yes, shout out to ttg folks, it is pin to the top of chat, especially on days like today, if you're looking to bring your trading you're investing to the next level. I think it's an awesome group. Personally, you could see the members there there's been a lot of cross-pollination between moon gang members and the ttg fam. All early accounts are people are loving, it loving it loving it if you're a little bit on the the fence and you're like.

I don't know about that: hey just dip your toe in it's a three dollar week trial, especially for a day like today, where they're in there with their not only it's an education module thing. It also has um data, it's a data platform, but they also have a chat room where there's many many people actively trading all day every day, not counting the weekends. Of course uh about 35 puts on vxx yesterday when it was at 40 ducking a i'm printing. The devil, you know happy that you're making that money - man congrats, i am still getting murdered by tesla, murdered by tesla right now.

You guys you're laughing at me. Well all of a sudden turned into tears of astonishment. When i end up making money on this trade. Hey matt, the sparkle in your eyes are extra bright.

Today, that's so nice! I think it's because i think it's because i wasn't bullied at the gym this morning see my issue at the gym is when i'm there like. I have like a set alone bicep day and when i'm doing biceps, i for obvious reasons, require the 2.5 pound dumbbells and the issue with my gym is: it only has one set of 2.5 pound dumbbells and there's this lady. The gym opens at six. I want to make this clear and i don't know why, but this grandma is always let in soon like way before i can get in and on bicep days, if she's doing her bicep days, she has them before i have them and then all of a sudden, Like i end up fighting her, obviously because i need to buy the dumbbells and then it's like they try to turn it into like an ageism thing, a sexism thing when in reality it's just like, i need those to lift my biceps and it becomes like this Whole thing, but today, like you, said i have an extra like twinkle in my eye because i beat her today like i got to the 2.5 first and then she came in and she was all angry.

I was like hey sucks to suck, but i got these these. These bicep curlers first uh ttg3.com also once again pinned to the top of chat. It's also in the description of the video or you could just reach out to true trading group directly. If you need you check on draftkings, i have a 15 call, a 15 call put for april 15th.

It's up, you think it keeps running thanks, uh! Well, you have a call put you're playing both sides. Uh hang on. Let's look at drag kings, really quick they're. Coming out with some like nfts, okay, i think you have a call.

When is it expiring april april april april? I would kind of want to see it ride. Another dollar personally, draftkings has been beat up. You might just be getting in on some nice bullish, divergence and kind of riding it back um. You have some time what is going on with these sorry about these people, who are obviously assholes, we're just getting spammed yeah.

I got him out sorry about that. People are just so stupid um i like that play. I would hold it personally for a little bit longer, especially with the strength in the overall market if the market goes like haywire because of the fed meeting today, it'd start to be all right, i'm sorry! This is unacceptable. Um, i'm just putting on members chat yeah this person what a fucking loser.

This is one of the problems with this uh, like internet keyboard, warrior mentality, whoever that is they're only doing this, because they are such an utter bitch in real life, like literally less than the scum under my shoes, whoever that was what an incredible loser, but hey Folks, i put on member chat: do in no way feel an obligation to sign up. Do not. I will be turning it back to normal, i'm just letting this dipshit leave and get out of our lives. We got it under control over there.

The rumble crowd they kept it under control. How do you feel about alibaba it's getting a pop today, as are all chinese stocks, i don't think it'll hold, because the tensions are still pretty high, especially with alibaba who's been in the fight with the us government and with the chinese government um. It's unfortunate because from just a purely fundamental standpoint, alibaba is grossly undervalued but you're, seeing that like play out in a depression in price, with these political tensions on various fronts, um, it's a nice gap up. I wouldn't chase it and honestly when it comes to something like alibaba, i'm like just probably selling premium is like what i would do.

Michael shout out greg shout out eric shout out: hey uh. I do obviously 100 appreciate all the people who are joining up, but just so you know, um a lot of the the good stuff is going down on locals. Uh macquarie.locals.com is in the description. That's where i post uh, just kind of like my morning ideas.

My trade ideas, the trades that i'm currently in uh for all my options, stuff uh, so definitely uh - feel free to check that out. I hit the like so hard. My thumb hurts kudry. Please don't sue me for that.

Shout out daniel folks. Do don't feel like you need to become a member? It was literally just because that person was spamming, like i'm gon na turn it back to normal in just a little bit we'll let that dipshit get out of here. All spam accounts with the same picture. Probably someone that actually hates you might want to send it to youtube or police they're, just they're like not even worth that time, though you know it's just such crazy, crazy losers.

This is so the like is about the only thing i get all right looks like we have a mod here, so we're able to go back all right now. The zoo animals can all can all play. You're all released you're all released back into the wild uh saudi arabia is considering turning in the wan into the usd thoughts on that, particularly for the oil, and we cover that in detail on the crypto stream, a big effort. It seems both on russia and china's part to de-dollarize themselves, which is actually kind of a big shift in global financial power.

All right, the spy after this absurd run uh coming back a little bit to normality, but still up one point: three percent: on the day the queues are up 1.9 and the small cap sector's up 1.7 amc is up. Six jamie's up 4.8 uh muln is up. Eight percent right now, cei's up 8.8 uh lots of green uso, everything's, apparently green. What's red today volatility, i see no red thing on my chart, which is weird because, like i feel like within the past couple days, i'm like, i see no green thing on my chart that just shows you how like nuts of a time like it's currently, i See more people talking about jim cramer? What's he doing, is he on cnbc right now? What is i already have? An account sounds like they're on a commercial break right here, a quick reminder, financial, nothing kind of crazy going on with these guys.

Today, oh tesla, you just got ta stop man. This is this is getting inappropriate. This is getting inappropriate. Tesla, you just got up, not cool man.

All of a sudden people are going to think that i'm not the best tesla trader on this side of mississippi and that would have obviously severe implications for my brand m. Uln is looking pretty good. It's getting right above resistance at roughly 175 muln might be doing something nuts. Today it's currently up ten percent uh to clarify.

I have no muln position, but it is one that clearly something is going on that shouldn't be going on and we could see that from the data uh just some wild wild stuff. Definitely a sus situation. Do i have tesla calls or puts uh the fact that it's up 3.2 tells you that i have puts, because it just has to go the opposite way, uh when amc squeezes, do you think they will take the buy button away again if we don't get new Rules and regulations - it's a very real thing, to consider a very real thing to consider. That's why it's so important that at least some noteworthy amount of this community isn't exclusively in all day, saying like hey we're just watching this stock, this stock, this stock and like not talking about anything else, because you have to talk about market trade, market structure and Regulations and all the rules surrounding this type of stuff, because if we don't switch, that they could do the exact same thing that happened in already in january of 2021.

So if you're looking for a different result, we have to be playing in a different game. Uh last week you did a call credit spread of mentioned vertical. Is this something in addition to a call credit spread? No, no. A vertical is like the most generic term, of basically just saying that you're playing to either calls or two puts um a that credit spread.

The call credit spread is a type of vertical vertical is more of like in the world of options. It's kind of like an umbrella term, just saying you either have two calls or two puts hence like the name vertical like. Maybe you bought two or maybe you sold two or you bought one. You sold another one, but that's the vertical uh, hey matt.

What is this hymc play? I to me it's not a valid play right now, just because it's being deluded to kingdom come so for it to be a viable play in my book. I want the dilution to be over and also, i think, the the size of it is being misunderstood. So it was a 28 just under 28 million, with an m million dollar investment on amc's part 27 million. When we know their war, chest is 1.8 billion.

This is look at it this way, if they 10x their money, they have 280 million dollars, which is still a small portion of what they already have in their war chest um, it's something interesting, i think, hey, like i'm a fan of diversification, but overall think about The scale of this money they invested 28 million if they 10x it that's 280 million, which is still a small portion of what they already have in their cash reserves. Obviously, making any amount of millions is a positive thing, i'm in no way knocking on that, but this isn't something that they like bet 22 of their own company on um. So i think scale needs to be better understood, but i'm a fan of the diversification, but in the short term the dilution is going to be like one painful thing to fight there, we go the spy. The the big players ran it up.

Now. The big player's smacking it this is the volatility that you got to be prepped for match. I call bs on this pushing i got a nice day, trade to burn, tesla or spy puts, i think either will actually work today, all boogie if you're doing a day trade like you're, looking to get in and get out. I think you can quickly snag if you get something uh, maybe at the money at the money or a little out of the money for friday's expiration and you're playing it for like you're getting in and out today, and you already know that.

That's why you could play the expiration uh so closely. I would quickly get in and then set up a 10 to 15 percent profit target and like if it gets hit it gets it. That's how i would personally play it. Muln staunchly battling it out at that key breakout level of 175 amc's cruising higher sitting at 1526.

Gme is sitting at 86.63. Oh folks, folks folks super super excited. I forgot to tell you all about this. You know me always have like little things going on in the background um.

I had the opportunity yesterday evening and i have to edit it and do some stuff, so it'll get posted on saturday. Most likely i had the opportunity to interview ben mesrick uh.