Bye we go bye. Ah here we go um, hello, hello, hello, quick announcement. The fomc meeting minutes are coming out right now, in fact, it is 2pm, let's see if we can get you a hot update. Yes, just so you know the fed we're about to get some information.

This will have an impact on the overall market, this one's going to be a little bit of a unique stream. Just because of what's going on on, i guess from the federal reserve we're going to be going over that we're going to do the normal crypto show and then part of this show we're gon na like at the second half switch it over to stocks and, what's Kind of going over there but um you can see in both markets the stock market and the crypto market. As of right now it people are tense. Uh people are going a little bit risk adverse.

So, let's see what's going on there. I know myself i'm currently getting beat up on both my tesla and micron calls, but i'm happy. I bought myself time, crypto man, that's i'm holding it same thing with amc and gme um. There's certain plays that are way easier than the others.

When you're just confident in the play, you don't really need to show off. You don't need to boast. You just hold if you've done your dd, if you've done your research and that's not for an equity or crypto future option, it's for all of it across the board. If you don't need your dd and you have your conviction, you hold uh, you don't really need to do like these hotel plays these diamond handed plays, i would argue, are honestly the easiest, but i am waiting like the report should be coming out like right now.

I guess we're uh delayed a little bit waiting for it to come across all right. So while we're waiting for that, let me swatch switch over and maybe we'll take a break or here's what we could do. We could rip through all the crypto stuff. Then we'll switch it back to whatever's, going on with the fomc meeting minutes.

That literally should be out right now and then we'll go from there we'll go into stock. So that is the plan. Let's get right into it all right, so this is actually what i was just checking to see and feel free to spam me if we get any of the updates, i'm just doing a quick reload waiting waiting waiting. So with that being said, let's talk about crypto cryptocurrency is currently valued at 2.2 trillion.

I, like this view, um. Well i like this setup. I don't like the fact that it's red this is coin 360.. It's a great tool, it's absolutely free, but yeah.

You can see that things are feeling a little bit of pressure right now and it's just on the four-hour chart on the daily chart. Btc bitcoin, the equivalent of the s p 500. It's doing its best to hold on to 45.5 000.. That's key support.

It is obviously doing everything it can to hold on right. There ethereum different setup. I mean this awesome utility project that i'm very very excited for this year and i'll be going more into that at the end of this crypto segment, um showing relative strength, yeah it got hit, but at least it's not at its bottom edge support avalanche. Some weakness.

Solana all short-term weakness, but over the past week, according to crypto bubbles, which is probably one of my favorite data, visualizations green, green, green, green, green, green. I'm seeing a lot of green uh check this out once again, another free tool, cryptobubbles.net, i'm actually a big fan of it, and just so you know similar to coin market cap. If you scroll down here, you can kind of see what's going on just slightly different view. I know we all have different opinions of the best way to take in various information.

But let me get you up to date about what's going on in the world of crypto, we can make this very very fast. New airbnb users want crypto payments according to the firm's ceo overall, i do have a video coming out. Probably this weekend that's going to relate to some of my biggest crypto predictions for the entire calendar year, and one of it is, i think, we're going to see more and more stories like this more adoption throughout the globe throughout corporate america and throughout kind of like An individual retail kind of like that classic main street trader investor, more and more adoption is one of my biggest predictions and you're. Seeing this.

This is an interesting story, but it's a very common story right now: a lot of clients for whatever businesses, like you kind of name it and a lot of people, are saying get into the world of crypto beyond excited that amc and jimmy are taking a serious Step into it, but it's also being backed by huge, huge, well-known people check out all these stories. Breaking filing reveals: 163 million berman commodity fund buying bitcoin futures. So that's futures, that's not necessarily spot. We know there's that bitcoin futures based etf - i mean it's just people who have serious money to throw around are trying to get into the world of crypto.

So i'm trying to bring this up to show that these players, who are a little bit more long-term focus, are obviously not getting upset by potentially this short-term weakness that clearly relates to interest rates and the fed. It obviously obviously does moving on to the next one. Goldman sachs in 2020 bitcoin is not an asset class bitcoin in 2022. Bitcoin will take market share from gold.

This is so common in wall street. This is so common in corporate america. At first, you kind of for lack of a better term like talk things, but then you get jealous. You see the money that people are making and they're like.

Oh, no, no! No! I totally supported it from the start. In fact, this is from the times then goldman bitcoin is the new gold. That's hilarious! That goldman says it when literally two years ago, they just didn't like it at all and now they're saying yeah. No, we love this inflationary hedge.

We absolutely love it, we've loved it from the start, and you can't find anything proving that we never liked it when come on. We know what you're doing goldman but regardless it is still cool to see corporate america and wall street wall street titans goldman sachs, supporting it supporting the crypto effort and whatever does or doesn't happen this year, which i discussed more of that in my prediction, video. I think it's really going to tie to the federal reserve and money and interest rates. If you have that longer term view, i believe bitcoin ethereum.

Actually, if you take a look at at the top 5 10 20 in corn market cap, i think all of those will still remain extremely dominant. India's monetary policy committee member. We won't be able to fully ban crypto, so we know between china and india they're the people in political power they're, not the biggest fans of crypto, not really at all. In fact, over in china, they go out of their way.

To reiterate the same comment, time and time again that the public's bank, china's public bank is not in support of it and whenever they come out with it, the crypto drops, even though they're just reiterating the same, like sentiment, and it's just this really really weird cycle That i wish we would get out of, but the other country - that's not. The biggest fan of crypto is india. In reality. I think a lot of countries, maybe excluding one at this point like greece, turkey, el salvador, all these other ones - governments people in power - they don't.

Why would they be supportive of something that gives power back to the people um they don't like. Maybe they're gon na play nice now, but they realize like as a government. They want to keep as much power as they possibly can um to aspire to that level. You're at a certain level, narcissistic uh egotistical, like it's very rare, for someone to aspire to the highest levels of any country's government and be like yeah.

No, like i actually want to lessen my power. I want people to be a little bit more self-sufficient you just you just don't see that that often hang on one. Second, i'm noticing a problem on the stream. Let me just get this all fixed there.

You go just using that for some of the the background there just so you can see all the cryptos on the bottom a little bit of a streaming trick for all of you anyway. Moving on to the next one kind of an interesting comment out of india um, so let's take a look at a little bit of where we were and there were a lot of predictions for bitcoin to hit 90 100k, and it just did not happen uh. It didn't and there was a lot of people calling for it, but moving forward. I think it's so so incredibly obvious that right now, i think it could be a very interesting year, especially if you're like paying attention to the having cycle.

Yeah it'll be an absurdly interesting year um. I am a little bit concerned about what goes on with the interest rates, and hopefully we got a little bit more of an update from the fomc, but bitcoin is going to be intimately tied with interest rates and also you could track the dollar index dxy track That, because i'm predicting that for us to really see another kind of like explosion out of nowhere in btc, which will be one of those scenarios like a rising tide, raises all ships type of a situation for us to see that you're gon na actually have to. It's most recently been correlated with a sell-off in dxy, so if dxy is strong or even goes flat, i think in a certain sense that could be hindering crypto's overall movement and the reason for its movement. That's where it's going to be tied with the interest rates.

So it's a little bit complex, but i swear. If you take us any amount of time, take a half hour an hour two hours take whatever time you need, but if you dive into it and you start to see how they interplay with each other, it will be time well spent. So i know i want to take a look at the bigger picture and i know right now. In the short term, things are a bit negative in the stock market and in the crypto market, but in terms of the crypto market.

I really like this shout out to tech dev. I know it's a great twitter follow uh, i really like the technicals here, but to see how this is all going. Um he's actually calling out, in a certain amount of time, probably next couple months, really um kind of pointing out how we have bullish divergence if you're using the rsi on this larger time frame right here, bitcoin versus the us dollar, that's what we're actually charting um! So with this, actually this isn't uh. This is referred to as hidden divergence, so a little bit different.

I don't know if i've like fully made a standalone video like i know, i've talked about the rsi bullish, divergence, bearish divergence. What you're, seeing here very very quickly this is known as hidden divergence. It's actually the price action's gone higher, but the rsi, the momentum is lower, so hence hidden bullish, divergence and techdev, calling out for like kind of this cyclical impulse, very, very interested to see. If that pulls out plays out so that's kind of what's going on with bitcoin very very quickly before i move on to how i think the upcoming year could be a continuation of a lot of excitement in the world of altcoins, specifically l2 solutions.

Let's just see what the fed had to say: uh there's actually been quite a few. Oh wow we're now getting inundated with all these fed updates. Uh fed in december didn't see any unicorn altering path of recovery, most agreed that risks to inflation were weighted to the upside uh. All right, we have the yields fed minutes flag chance of earlier faster rate hikes.

Oh fed minutes. Some policy makers know that the balance sheet could potentially shrink faster than last time, so they're talking about speeding it up. This is they're signaling, that they're being very, very hawkish, which means that they're trying to take the i guess, inflationary bull by the horns and battle that but depending on i'm, now curious myself. Sorry to deviate yeah, no um kind of makes sense that the market, not the biggest fan of that of them, speeding it up and kind of taking the gas off of their very, very, very friendly monetary policy.

Wow yeah, oh painful, painful, painful painful. So, in real time, what's going on, you have dovish on one end: hawkish on the other. Dovish is highly supportive of economic growth and it's what's used to keep unemployment as low as possible. That's extremely dovish! On the other hand, you have hawkish because, if you're extremely dovish that produces an inflationary environment, if you have an inflationary environment, that's not good! If you get too inflationary because it devalues your local fiat currency.

If you're, devaluing your local fiat currency, inflation can get worse and worse and worse and people don't like that. So to battle inflation, you go hawkish, but not necessarily the best thing for unemployment and economic growth. So it's always a balancing act between being dovish being hawkish and you're kind of just like on that fulcrum in the middle, just teeter-tottering back and forth. So right now we're at a four decade high in or inflation.

It obviously there's this concept that you have to be. You can't be extremely dovish, which is exactly what's been going on for the past year and a half because that produces if inflation gets too bad, you then have a hyper inflationary environment, and that is no bueno. In the past hundred years, you can see some examples of what that's done to countries, not a good situation. So, yes, to get ahead of that they even though they've said inflation is transitory, transitory, transitory.

They are now signaling that they're doing their best to battle it, and that means, if they're speeding it up. That's signaling, at least to me. Maybe i'm interpreting it im properly. That tells me that yeah no inflation is actually like very serious if they're going out of their way like the tapering was expected to end in march, which it sounds like it still is, but most people were kind of targeting june for the first rate hike and If they're saying that they need to speed that up, it kind of has that vibe that they're setting up for three rate hikes in 2022, if they're trying to speed up the first one man, man, oh man, faster rate hikes earlier and faster, definitely telling me that Inflation is not transitory and they're, using the tools at their disposal to battle it and when you're battling inflation, like i said, not the best for fostering economic growth, you're signaling that you're not going to be as accommodative uh towards growth and right now, what the market's? Not going to like that, this is based on those those comments.

This is an expected reaction and i am afraid to look at my current call options because they are getting beat up, beat up, beat up, beat up man a little bit of some intraday negative news, but remember it's one of those things that hopefully we just take A small little hit now because you do not want to be living through and experiencing the impact and effects of extreme inflation. So it's one of those things that, like the the medicine, might be tough to swallow. But it's way way better than actually dealing with the full-blown disease is probably the best way. I would think of it.

Let's talk a little bit about all coins and then we could switch back to the overall market as you're about to find out in the video. That's coming out on saturday, one of my biggest predictions is an expanse of the metaverse related, particularly to games and nfts. I think they're all going to interplay with each other check this out. This is really cool.

Drone racing league zooms into metaverse bringing play to earn to algorand another strong utility coin that i'm happily an investor in the league's partnership with playground. Labs will be the first play to earn competition of its kind on the algorand blockchain algo is just so. You know the native currency for that, so they have a drone racing league. They have some betting, i'm totally going to get dmcad for this, but i just want to share it with you anyway kind of a cool little like 30 second cut video of some recent drone racing.

This is drl the drone racing league, the top drone racers in the world, tackle a new venue with a dangerous track. That's not just about speed, but also survival. This is throw racing. This is the rl.

You know i didn't even know. This was a thing, but after watching this, this is now like the third time. I've watched that video i could get behind dro. That seems fun.

You have like a cool arena, you have the lights everyone's sitting there. You have some good food, you have some drinks and you're watching it and like then, you have the like the megatron thing up top, where you can like see the view from the drones like they look fast. The courses are cool. I can see that becoming like.

Actually, a really really fun thing um and look at that. Another thing: that's setting up in the world of metaverse: it has ties and partnerships with the concept of the metaverse uh. I just i think 2022 is going to be a mega year for the metaverse and speaking about this play to earn concept. Reddit co-founder play to earn will be the only type of games.

90 of people will play in five years. You know at first that might seem like a bold statement, but right now we're already seeing popular games with this concept of play to earn. So as the games develop and there's very popular ones, and you can earn money for playing it. Clearly, that's gon na dominate.

How would that not dominate? I i think this is at first it's one of those things that, like it might be interpreted as a hot take. I don't think it's really a hot take. I think this is a very obvious of reading of, like the words on the wall, the tea leaves right there. I mean the writings on the wall with this one we're already seeing the success of various paid play to earn games such as axes the biggest one.

Very very cool stories related to that. I think this is a clear, clear trend shout out to the sheba army, shiba inu launches beta version of dao to give users more authority over crypto projects. So i have two things i want to say on this. First of all, let's give you the actual hardcore sheba update.

This is very, very cool. The dow one phase will focus on providing immediate power to the community to decide which crypto projects and pairs of the shiba swap wolf pools will be and how the bone rewards are to be distributed amongst them. So, basically, the supporters, your voice is going to be heard, which i love once the first phase is complete using community feedback. Shibu enu will release a newer version, called dow2 to allow community to make generic proposals for consideration or review by a multi-sig team and breeds.

So, overall, this is one thing i really see gaining traction: whether you're part of a crypto project, whether you're part of a game, that's tied with crypto, or i really think the sky is the limit on this one. But this idea of governance and dowse, where hey you can somehow represent most sometimes through an nft or there are various other ways you could do it, but this concept of the community's voice being heard and allowing them to vote on the direction of where they want Things to go incredibly incredibly intelligent and i think the popularity is gon na be absolute wildfire um. I like that. It's happening in the world of crypto right now and where they want to see crypto projects go.

I think before you know it it's going to bleed over into the world of gaming. I think there's going to be particular skins or in-game suits where it is an nft and if you're the owner of it. That means that you have voting right and then i think from there it's actually going to be like a new age shareholder, stockholder thing where your voices are going to be heard. But it's going to be the estao concept, i think, will be the backbone.

It doesn't end there. Daos are the foundation of web3 the creator economy and the future of work. If you don't know what web3 it's a very abstract concept right now web one was more of this uh, the early age of the internet, uh, probably early or late, 90s early 2000s. I know way back then, where it was more of like a read-only.

It was just basically a giant encyclopedia, we're kind of in web 2 right now, where you have these centralized powers such as google and facebook, that are, data mining. You literally every single microsecond of the day. Web 3 is the next iteration, where, hopefully, we step away from that centralized internet concept, and it's not necessarily being run by like a group of three four five corporations. I don't know if something as powerful as the internet should be exclusively run by a minimal amount of companies who are doing nothing but attempting to improve their own bottom line.

Vcs, don't understand that cardano has a community according to the creator owner charles hoskinson. I it's not appropriate to call him the owner, but definitely the creator and the current visionary, the guy behind the wheel at cardano, aka ada. So a little bit interesting, he's actually kind of taken some swipes at vcs at silicon valley, uh, silicon valley. It's hard to argue with the 2.5 trillion industry and imagine where that's going to go.

I think we're going to digest as an industry the consequence for better or worse of becoming so big so quickly, so actually having himself a hot take on this concept of fail. Fast uh, if you don't know about cardano the way they like to do, it is literally everything is peer reviewed. So it takes a bit more time when you're going through such a rigorous check process and because of that, cardano has not been able to push out new code new technical developments as quickly as the other ones, because they want everything to be peer, reviewed and he's Kind of saying that he believes that's a better way to iterate and develop is to go slow and be sure opposed to going fast and failing quickly. Um, you know that's his take.

I highly recommend here's the title of the article vcs. Don't understand that cardano has a community and you could actually see his thoughts and he's laying him out right there in this video. I don't really have the time to watch that all right now, but if you're interested in cardano, if you own ada or anything like that, it's a good thing to watch. I checked it out and i think it's a it's an interesting take for sure.

Like i said kind of kind of fighting back against this silicon valley concept - uh interesting interesting - so we know btc has not been really doing anything it's kind of flat in the mid 40s right now, but i wanted to bring up this chart now if you're on Trading view you could go to btc dot d and what it is is btc dominance as in out of all of crypto. How dominant is btc and it's a percentage and check this out at one point in the start of the year? It was 73 of the overall crypto market, then dropped and stalled out at 61, and then we saw this insane crazy, exciting explosion, mainly in l1, but also there are some dominant l2s and i think that this upcoming year we're going to see maybe fewer but more Dominance in l2s, but anyway, look at btc, uh and btc has been doing well. If this isn't a hit against btc, it's more of showing you how freaking powerful all these altcoins are. It obviously is, i mean it has gone from 71 72 dominance all the way down to 40..

That is telling you that overall, even though the crypto sector is growing you're, seeing an abnormal amount of growth in pretty much everything that isn't bitcoin. So if you want to check this out once again yourself, btc dot d - and i think it's just representative of the fact that we're seeing a lot of acceptance and utility in this currency - uh crypto's exciting. But people are finding particular excitement. And maybe some of these alternative bets here are some of your layer, two solutions.

A lot of this is basically using ethereum as like that impressive ferrari, whatever you wan na call it porsche engine, but then the outside of it to make it faster, a little bit more secure and to battle some of these gas fees. That's what l2s are that's looping? That's your polygon! That's your manic! They have all these very. The technology is impressive, optimistic roll-ups, zk ups, but they're all attempting to make ethereum faster and be less expensive. That's probably the best way to generalize l2s and, as you can see over the past year, not really doing too much and then boom huge explosion ever since december.

I think that this trend is going to continue into the calendar year, but beyond that, we're kind of seeing just that explosion in all of crypto. This is on d5 llama just so you know this. First one is l2b.com. If you want to see that yourself, this other one is defy lama check out all this locked value, 253 billion.

Now i want to zoom in and just point out like kind of one mathematical thing, so this is about the amount in usd of how much crypto is locked up. Well, what's wild about. This is we're kind of running into a high like 250, 250 250. But remember that was 250 in november, the first time we did it, and i want to show you what was going on in november.

Crypto was actually at its high. So if to understand what that means, like mathematically, the same amount is being locked now, even though the overall crypto sector is technically worth less, which is telling me the amount and the rate of people who are locking in and really clearly signaling that they believe in Crypto and as a general concept is actually increasing once again because we're at the same value, even though crypto's technically worth less now than it was in the early november time frame, so people clearly betting, not the biggest surprise. We see all these companies microstrategy apple discovered. The list goes on and on and on uh, who are saying no, we like crypto and then we're now seeing banks such as goldman, as i was talking about before that.

Are they love it now uh two years ago they didn't, but now they are starting to see the value speaking of value - and i have a video on this coming out tomorrow - i just want to give you kind of like a a little bit of a tease About what this will all be about, ethereum is halfway towards its grand vision, according to one of the co-creators co-founders, arguing that right now, around 50 60, when the merge is fully complete. Now, if you don't know what they're talking about when they're talking about this merge, it's all about east to eat 2.0, it's all about the merge event being referred to as serenity and from a technical perspective. It's when the beacon chain will merge with ethereum's main net and really the fallout from that is that it will go from a proof of work. Consensus model not the most scalable, not the fastest, not the most secure going over to proof of stake, which is obviously faster, more secure and more scalable.

Now, if you want to know when this is going to happen, do you have to do anything with your ethereum coins with your smart contracts? Um, do you have to do anything in prep for the the fork or you can end up with multiple coins? Any of your questions related to eth 2.0 - i that's all going to be in the video that comes out tomorrow. We did a deep dive into it, so this is important for anyone. That's involved with ethereum in any capacity smart contracts, aka d5 dows nfts. That will impact you, because right now - and i think it's going to stay ethereum - is the it owns the lying share of all of this.

Smart contract contract-based work, so this will be a big thing and i do believe it's happening in 2022. In fact, i think it's happening in the first half of 2022, but one of the most exciting things about it is for ethereum itself, like if you're, just a straight-up ether investor. You should know that, right now, it's inflationary right here plus 0.6. They came out with eip 1559, which helped offset it a little bit before that it was actually had a greater inflation rate, but when they go through with this merge, merge not a fork.

Simulate merge, look it. It becomes deflationary. You know when your demand is or when your demand is constant or increases, but your supply goes down that is moving the equilibrium point, aka price higher and higher and higher. So just as a straight-up investment.

This merge is important to know about because it goes from inflationary to deflationary which just the economics of it makes complete sense that that's going to drive the price of it up. I got into some cautionary things. Some things i want to call out in the short term of like high volatility and what that could mean, but once again that will all be way better explained than i could possibly do right now in the video that will be dropping tomorrow, all right so before We get to the overall market. Actually, let me check well, this isn't fun all right.

I guess before we get over to the market. Let me leave up all these cool bubbles. Uh. Let me know if there's any questions, questions, questions, questions, crypto related questions and then, as we wrap up with those let's pivot over to the stock market stock market stock market.

Uh, stop talking about crypto stock market selling off talk about that, i'm watching short the vix, because he's actually talking about the market - that's cool here i i i think i could actually make this easier for you. Uh, bye, you're, just gon na be kicked. That was easy. That was easy man, some people they just they just don't get it, they being so myopically focused on one particular thing and also apparently having the inability to listen or hear or explain what was going on, because if you watched the start of it, i completely set Up what was going on, but no that's easy.

That's an easy kick also think thanks for the money, though, on your way out as you're leaving. I do appreciate that money like so so easy they're um. I guess, as questions aren't coming in right now, while i'm waiting for some of these questions coming in uh, we can make this super super simple. I want all of you to know who's listening that you're most likely in the majority um.

A lot of you are clearly the majority. Hence why we call it the majority, like that's, not a crazy hot mathematical. Take most people are in the majority, hence why we call it the majority, but in this particular i guess world that we found ourselves in you're. In the majority me judging off of all these dms that you're like okay yeah, no, i just want to learn.

I want to learn how to make money. I want to learn. What's going on in the market, i want to learn what politicians i should be. I guess, in a certain sense nagging to get some change.

Most people are truly learned in bettering the world around them and also which i don't think is a problem at all: improving their own financial situation. These people, who are hardcore maxis, such as whoever that was, i are literally already forget their name uh, but i kicked them. Most. People aren't like that.

Um they're, a very loud minority and unfortunately, it's just an aspect of social media. It truly is where people who have like a good head on their shoulders and are thinking straight - they don't have the time to say like that. They don't have the time to get into twitter arguments or go on to reddit. They just don't they're doing better things with their lives.

That's why a lot of social media ends up becoming so extremely toxic and, in reality, there's are quantifiable numbers that you are the majority, because, as i've gone to more of a general approach to teach you to the best of my potential ability um, the numbers are There, like people, are loving it the amount of things they're like okay, cool yeah like yeah. Let's talk about any amc, gme news: let's talk about crypto news. Let's talk about other stocks, the the appetite for education to like better your own life's, like position. It's amazing and what i see going on is - and you could take this to the bank.

I i believe that this is going to be a correct prediction. All these people who are so myopically focused on one thing. I don't care what that one thing is. They are going to self-cannibalize they're, going to continue to fight they're, going to start to hate each other and they're going to fight and fight it's an embarrassment to their entire community, and that is actually signaling that the community.

How could it survive if all they do is fight and like and whine and moan it doesn't make sense um. When we got into all this it was fun uh. We got to bring that enthusiasm back. We got to make that money and we got to learn things.

It's honestly that simple! So, overall, like these things of like telling someone what to do, nah nah, you can go somewhere else. You could go somewhere else and i hope you enjoy short the vix. I think that kid's really really smart. I like some of the things that he puts out the ones that i have watched have fun with them.

If you're not diverse in your interests in your investments, if you're not diverse in your life, you're asking for serious serious problems, serious serious problems, all right, where are we at this - is most important: peanut butter, saltines, single crackers or sandwich. My knee jerk reaction is sandwich, but i think functionally you would want to go with the single you don't want to mess up the surface area like the ratio of cracker to peanut butter. That's a good question: the market's getting rocked right now, folks, and it's all because of the fed futures - imply traders more than 70 percent chance of fed raising rates at march meeting after minutes, jane paul next to persist. Uh participants generally expect a global supply chain bottlenecks to persist well into next year, at least so they're saying supply chain and hey we're going to hit you with rate hikes asap, wow wow wow wow, not much of a surprise that the market's not responding prop like Well to it, um oil just settled nike sue's lululemon for patent infringement over mere home gym.

Oh no dow turns well. Hopefully this is one of those things where we're getting beat up right now and we could just shake it off. This is an overall market thing. Uh, it's not as much as a lot of people.

Don't want to hear this. This is not specific to your, like, whatever equity you're in, if you just generically run down a list of equities, they're, probably getting beat up at this moment in time. Let me scroll up here and kind of show you so the spy ever since 2 pm right here, 14 o'clock, nose, dive, q's 14 o'clock, nose dive the russell 14 o'clock nose, dive, amc actually at first it was going down and then it popped and then once Again, because of 14 o'clock, it just came back to the low that it was at uh, gme, unfortunately not being able to hold that support in the low 140s right now at 135. That is a technical breakdown, hopefully some buyers and can step back in reinvigorate that momentum.

We have rivien slowly coming off all day. You have tesla, which is a mainstay in the s. P, 500 14 o'clock smacked apple, having kind of a chop day. 2 p.m got smacked, um, i'm just going through this to show you that yeah this is it, but also that's the 5-minute chart.

That's just that's all that is sometimes you have to zoom out. Look at this. This is the market right here. Let me hide some of this stuff for you.

This is the market. One day that drops a percent we're gon na be a-okay we're gon na be a-okay. We can't really be - i guess, freaking out, like this concept of fear mongering when things are just red, like. Oh red day does not, i guess, in my humble opinion, does not it's not appropriate to fear monger.

After that, we can't be freaking out about a one percent drop when, literally yesterday, we hit an all-time high from the open yesterday to now we're down 1.34 from the all-time high. To this very second we're down 1.6. Would you take? Would you rather take a 1.6 drop off of an all-time high, or would you rather be up 27 over the past year 27? Like look at this thing, this has been non-stop even when we have these moments. This was like an extreme moment of basically when rona hit and we were stopping travel and no one knew what was going on.

Even with that little blip. Everything was still a okay a-okay, no problem. What do we have? Amc is down 10. The spy has nothing to do with actual socks.

You know this uh, it 100 does, but also my response to that would be the spy's up 27 on the year, amc's up 1200 percent. So once again you can't when you have that extreme type of volatility it it goes both ways um, but overall, okay, yes, it is down 10, but once again amc up 1200, while the spy is only up 27.. So like remember, whenever you're looking at those things like it all, this cuts both ways all of it all of it all of it all of it. Amc in terms of support very much watching this low 20 level - it's the most recent low, but it's also the january high.

That is the main support to watch now. I do not know i am not a fortune teller. I am not clairvoyant. I have no clue what will happen at this level um.

I honestly don't even know if it's gon na get there, but if it does, if it can't hold just so you know the next support is 16.. That's that's the technical situation for me. I have come to the realization and the fact that i am just going to hold it. It's honestly that simple, i am holding my amc, that's it! The dd has been done, whether you're in amc or gme, i'm telling you, whoever that was that i kicked out before i kind of wish.

I didn't because i think this is important. You do not need to watch the daily charts or, if you want to watch the dailies, have that you don't need to watch the minute to minute charts either you are diamond handing it or you're, not if you're actively trading it. That's a completely different story. Um.

If you're going long, if you're playing with calls, if you're playing with, puts that's a completely different story, you're an active trader, but i am not actively trading amc, it's just not what i'm doing. I'm invested in amc and i'm holding it and i'll get out when the shorts cover. It's that watching the minute to minute chart does not help anything. If more and more people watch it that doesn't make it go up or down.

That just means that more people were watching him when, in reality, if you were attempting to balance out your portfolio, you should be watching the things that are moving, because that can keep your portfolio like keep your head above water, this concept of going all in on One thing is hyper, hyper dangerous. You need to be diversified, anyone that is telling you it's a good idea to go all in on. One thing is wrong: anyone to telling you that something is guaranteed. I don't care what it is.

It's it's not there's. No such thing as being guaranteed in the stock market. There's no such thing as a 100 percent chance. There's no such thing as a zero percent chance stocks, there's an infinite amount of variables.

It lives in that gray area of 1 to 99.. Do i care if people are getting pissed off is matt korres telling me that the mo ass is not guaranteed? I've never ever said it is guaranteed. Do i believe in it without a doubt, because i believe in the community, but i've also been around the markets. Long enough to know that literally nothing is ever guaranteed, there will be charlatans who attempt to sell you this of like yeah? No, you just got ta like put in your money and it's totally totally gon na work out.

It has to work out because i said it's gon na work out they're the exact same people who started trading not long ago at all. They never ever have sources. They don't back up what they're saying whenever they make something an incorrect statement that is verifiably wrong. They never ever fix it.

Look at it look at the trend. Will i get a lot of heat for not being some hype person who's telling you everything you're doing is absolutely great and you should be doing it. No, i'm not going to be doing it because it's immoral, i can't tell the future. I am not clairvoyant.

How can i tell you that what you did was the perfect thing when i don't know the future. This is the market. If you're putting money on the market, you need to be smart enough that you understand you're taking a bet at a certain level. It there is risk to it.

Yes, you can make money. Yes, you can also lose money. That's why you don't bet the house. That's the same.

You don't bet the farm all on one play. You have to have a reasonable amount of risk management if your risk is riding something to zero, and you bet a certain amount that you're okay with that going to zero. Okay, that's your risk management, that's exactly what i'm doing with amc and jimmy for anyone to know. When will matt get out of amc and gme in a negative scenario, my answer is zero, zero dollars.

That is my risk, because i've bet an amount that i'm willing to ride to zero, and the other way i would get out is if the shorts cover that's what's going on. The story is literally that simple, it's one of my easiest trades. It that's! The trading plan right there is that an appropriate plan for everyone. Absolutely not.

I have no clue about your financial situation. I know about my financial situation, but that's the only financial situation i know about. You obviously have to take some form of responsibility of your own decisions and do what is appropriate for you. Do i fully understand that this is probably pissing a couple hundred of you, maybe a couple thousand of you off.

Well, of course, i do, but it's also the truth and like this concept of everyone, i would rather tell you the painful truth than tell you a comforting lie. It doesn't make sense. There's too many people who want to bring up to you something that is a comforting lie. That is disgusting, that it is straight up disgusting, at least when you come here, you know you're getting my full thoughts and my full opinions, and i'm not just telling you something that makes you feel better.

I'm telling you exactly what i think, how i think and my reasoning for it and i go out of way to either give you some logic or to give you some sources, but i'm i'm not simply just gon na be like oh yeah yeah, it's fine! It's fine, it's fine! Everything's fine! Do that! Do that! Do that? That's not good! It's immoral! I don't know it's probably illegal. I don't know i'm not a lawyer, but all that stuff. So so silly. You need to have a training plan when any single market you're engaging in.

I don't care if it's equities, crypto futures options, i don't care. If you're in the tulip market you have to have a trading plan, that's it's called responsibility, it's called being an adult. This is, i honestly think, advice that could be picked up, not only in markets but probably throughout your own life. Sometimes people just you need to step up and take responsibility.

What else do we have, but we need to trust me bro. You know there's various other creators who already give you that trust me bro. I think that that niche is already fully fully saturated. I wouldn't be able to do that, won't be able to step in hey matt.

Can the shorts cover just a little each day and the chance of the squeeze is minimized? That's actually a really really good question, so overall it would represent the same cumulative amount of buying so whether they all do it at once or and not it's the same amount, but it gets a little bit. I guess interesting there and if they did it slowly, i think it would. I don't think it would stop it, but i think it would dampen it because there is a certain aspect of if it's played out over time. Well, you can mess with a gamma squeeze and you could also mess with fomo, so when people see ripping all at once.

Well, that can blow up the option chain and you get the gamma squeeze and on top of it, people just naturally get very, very, very excited, and then they play off of that excitement. So i think if it is done slowly at a certain sense, if you're just looking at the shorts, there is the same amount of buying. But i think that there's uh like derivative impacts - and i don't mean derivatives as an options i mean just like secondary and tertiary effects that need to be considered, got ta, get on those onion features. Bro thrasher shout out shout out dan all right.

What else do we have? What else do we have? Oh where's, my cappuccino, i'm missing my cappuccino. Okay, i do want to give you all a heads up, a heads up, a heads up, that this is an ex extended stream um, because the normal power hour stream - that's like we kind of mitch like matched up the crypto and the power hour stream together. So this will end at three: i'm not going to be able to do the power hour stream today, because i have to travel - and i will not be streaming tomorrow or the next day, no matter what happens, the market could squeeze to all new highs or the Sec could wake up in the morning be like you know what this whole market thing we're done with it, no more market, it doesn't matter. What's going on, i will be without internet for the next two days, but i am coming back on monday.

The normal schedule continues on monday. I will be uploading some vod content to rumble and to youtube tomorrow and most likely saturday, so you're going to have some content there it'll be relating to uh. The eth, merge and it'll also be relearning to my like biggest predictions for the crypto sector in 2022. That's the subject matter.

If you have any interest in that, but i just wanted to let you know, but also i did go out of my way to ensure that you're gon na at least have some sort of content that you could pay attention to and i'm dropping it in chat. Right now, so the comments that i just put in the rumble and youtube chat like from my account the macquarie's account at 4 30. That's another stream wrap up. If you have interest in it, so check that out.

That is through uh, with the partners over at ttg mike he's a great trader and he's been all over this fed development he's. He knows the numbers and the direction like the back of his hand, i'm telling you if you want to learn more about interest rates. What it does mean, what it doesn't mean, the fed going hawkish this new signaling, if you're looking for a wealth of information, i'm telling you mike has been studying this stuff for years and years and years and he's been specifically studying the current situation. That is at 4 30., so i drop the link in chat or here i'll also put it in the twitch chat right now, just for anyone who is interested so click on that save it whatever you need to amc, what's happening, uh it's selling off currently with The whole market uh amc down 10.7 percent gme down 10 percent rivian down 10, lucid down 6.6 prog down 8.9 amd down 4.7.

It's just a sea of red. The people are selling they're going risk off because of what happened with the fed, the fed, basically signaled, that it's going to be extremely hawkish. If you don't know what that means, it basically means that they're not going to be so accommodative to the stock market um and we kind of knew that was coming, but they were signaling that they're going to be more aggressive and also do it more rapidly, which Is surprising the market and when it comes to any market stock market crypto market futures market that does not like surprises, it does not like unknowns. It doesn't like any of that stuff.

So the setup here is okay. This was a surprise that they actually might be raising rates even earlier so now in the event that they actually raise rates earlier. Well, that's already baked in the price, because we already now expect it it's the market, just hates unknowns it if it's good or bad. Well, obviously, if it's an unknown, that's good, you're gon na see an abnormal spike.

But if it's unknown and it has like a negative connotation - you kind of see a fearful based reaction, which is ex literally what we're going through at this exact moment in time. But when they're signaling that they want to do something and then that event actually happens well, it's already baked into the price. So as long as there's not an additional surprise, we're already good and the market's like all hunky-dory. So, what's your reasoning behind g-mean amc and a iwm having identical trends? Well, i think everything has like a very similar trend.

Right now i mean tesla micron, the spy cues, but commonly you do see a lot of overlap between amc and iwm specifically, and that makes sense because amc is the largest equity within the russell 2000. Now, why does gme look like amc, because as much as the gamestop maxis, all those people on uh super stonk like as much as they don't want to admit it? Both are thought to be the um. I guess in a certain sense, like the symbolism for what's going on in the apes. They are both tied up in the same symbolic story, which is far beyond a fundamental breakdown, amc and gme when people think of the apes they think of those two stocks when they think of the buy button being stolen, they think of amc and jimmy when they Think of the lack of i guess: regulation from the sec in terms of the bible, ftds crazy numbers in shortages, that type of thing they think amc and gme.

Now are there people out there who only care about one of those yeah, of course, but to argue that they're not symbolically, both the same it like i, i would just disagree and also like literally every single piece of data. I've seen it's kind of representative of the fact that yeah no, they are thought to be the same loop ring about to stop you out. What's loop ring doing. Oh here's loop ring uh dollar, nine, yeah crypt, i mean everything's getting hit right now.

This is, unfortunately, not just specific to like uh equity, uh crypto, we're seeing some red - and this is panic remember. This is a very important saying, and i just i've said it a couple times, but i want to share this with all of you, especially if there's new people shout out to all the new people on rumble elevator or stairs up elevator down stairs up elevator down. That's exactly how markets work, there's a couple reasons for this. The main reason is the fact that fear is a much stronger emotional driver than greed.

When people are fearful, especially when it comes to money, they have no problem hitting that injectocetyl button right away. Fear is a far more, i guess, magnaflow emotional driver than greed remember that so that's part of the reason of stairs up elevator down another part of that is it's very, very common for people to have multiple buys. So, for how many of you in here you bought amc multiple times you bought gme multiple times you bought tesla multiple times the spy, the cues you buy and you buy and you buy that stair scenario and then, when you're happy with your money, people sell all At once, that's not everyone, but that's a very common thing. So functionally you see multiple buys and a smaller amount of sales, and then also you have the emotional aspect of greed versus fear.

That's exactly why we have the saying stairs up elevator down. It's exactly why markets drop faster and with a higher volatility than they're the opposite of going to the upside, don't accept a ride in a car with kenny illinois plates. How is the mu looking for another call play you know i still like it. It's just more of like: when is everyone's nerves gon na calm down, it might happen literally as soon as today.

This thing could all rip in power hour. It could happen tomorrow. It could happen next week. I don't think that this is going to lead to like an overall gigantic market sell-off.

I think this is kind of like ruin the party in the short term, but i don't think the party's over similar to oh plunge foster. I can't say that, but it's funny uh familia santo shout out also. What does this acronym mean? Oh k-u-t-g-w keep up the good work. Hey! That's so kind: hey, hey, that's so nice.

What else do we have uh rumble breaks company's record video? Let me see if i can see this article rumble breaks company's record for video consumption and dan reaches 2 million subscribers. Oh that's awesome, so dan, i believe, is like kind of the top dog on rumble. I believe he has like the most subscribers uh. I don't even want it.

I know i'm going to butcher his last name, so i just don't want to do that out of respect, but a company record. When was this. This was reported today. It must be in reference to yesterday, though, or what time if it was written today, uh more than twice the number of subscribers on his youtube channel is hosts.

The explosive growth in followers on rumble has no parallel, so cfvi breaking records shot up this morning, but with many of the other things going on in the market, also kind of getting beat up right now, that's kind of crazy that they're, i wonder if they re-broke It today with us and the moon gang doing some extra doing some extra views for them be interesting to know, wait a minute mark you mean to tell me the market doesn't only go up bon gino bongino. Am i saying it right bongino. I hope i am bongino kinky kong, i'm seeing it how come they are not doing a whole um. A halt is not decided by a human.

A halt is a very, very specific algorithm. If you drop a certain percentage or go up, a certain percentage in x amount of time the same percentage. Basically, if there's a certain percentage movement up or down and too short of a time, then you get a halt. It's not decided by a human um.

There's a lot of people who try to point that out, they're like why do they only halt it going up they're not going down it's you could just do the math. I believe it's like a 10 move within five minutes is what triggers it uh.