Please, oh so what is going on? We have so many things to talk about. First, we'll be diving into a quick snapshot of the market. If you're, seeing what's going on with the market man, oh man has it been ripping ever since 2 p.m, and that's exactly when we got the fed minutes. So we're going to be diving into that and then i also want to spend a little bit of time.

Getting into a story about some short sellers who are in some deep, deep boiling hot water right now and, of course, we'll be sharing our opinions on that and then to wrap it all up. We could do some chart review. We could also do some data explanations of what's going on with short interest utilization, all that but man, oh man, if you're looking at the market, you know what let me just bring it up, what a rip, what a rip we have going on money printer goes: Burr at 2 p.m. We got the fed meeting minutes and look at this.

We went from 443 all the way up to 447. The queues went from three sub 352, all the way up to 356., what a movement volatility, vixx, vxx, uv xy, they all dropped and man, oh man, i i didn't know which way this was gon na break, obviously broke in a bullish manner, and that's because i Wouldn't say that the fed was dovish, but they were definitely a lack of hawkish, so we're going to be getting into what in the world is going on, so it came out at 2 p.m. So we had this meeting on january 25th, 26th and from there there is always these like extra updates afterwards of like the particular notes from the meeting. Well, that just came out exactly at 2 p.m, and that's when you saw the market really start to go haywire minute show fed ready to raise rates, shrink balance sheet soon at first.

That mic is that might be like wait, that the talk is raising rates and taking care of the balance sheet. That's hawkish like how are we reacting in this manner? Federal reserve officials outline plans for interest rate hikes and reduction in the asset holdings on their balance sheet at their last meeting minutes released today, wednesday february 16th. 2 p.m. Eastern from january session show concern about inflation and financial stability through members urge and measure approach to tightening the monetary policy.

Fomc members noted that inflation was beginning to spread beyond pandemic affected sectors and into broader economy. If you're reading this, i fully understand that you might be looking at and be like. That sounds pretty hawkish. It sounds like the fed's gon na go completely bollard and just like hey we're gon na raise interest rates, let's just freaking rug, pull the whole system and finally fight inflation and that's fair, but, as you can see in reality, the reaction was quite a bit different And i kind of dove into why so once again, when you post it, you can come to the federalreserve.comweb.gov website and you're going to get this, and you can check out the minutes yourself, but i wanted to get into one part of it.

This is near the end right above the committee policy action thing. If you just want to read it for yourself, some participants commented on the risk that financial conditions might tighten unduly in response to a rapid removal of policy accommodation. No duh a few participants remarked that this risk could be mitigated through clear and effective communication of the committee's assessments of the economic outlook, the risks around the outlook and the appropriate path for monetary policy. This is exactly why, after people started digesting what was going on, the market started, ripping higher and higher.

What this is saying is, in a certain sense, anticlimactic. There were no surprises in the fed minutes whatsoever. The most recent fed minutes january 5th. That's actually what sounded like started this overall downturn.

If we take a quick look at that look at the daily uh right here, let me drop the keltner channel just so it's less messy! So before this, the last one around december 15th, that was the fed meeting. We got the minutes on january 5th, so kind of now, 25th 26th - we're getting the meeting minutes now anyway, as you can see, we got the minutes there and it started this entire sell-off. The reason why we had this sell-off was because, in those notes, they actually talked about balance sheet normalization, basically balance sheet runoff. They have 8.9 trillion on their balance sheet, as in they were printing printing control copy paste paper space to the tune of 8.9 trillion dollars.

They created out of the ether put into the system and they were helping with the overall economy and a side effect of that was pushing the market higher and higher and higher. Well, you can't do that forever because it prompts absurd inflation. Don't forget the price producer price index just came in double the estimates. From 0.5 up to 0.1 the consumer price index, they were off by 50 0.4 to point six.

Inflation is at a four decade high in the uk. It's at a three decade high. This is the type of thing that cannot continue forever. It's actually ridiculous that it even got to this point, but they were doing what they could for price stability and to battle unemployment anyway, the economy is now bouncing back.

Things are looking good inflation's sky high. So that's opening the door for the fed to be pretty hawkish well when they talked about that. One of the tools at their disposal is the balance sheet. Runoff, that's very hawkish.

The other ones are tapering. That will be ending march 11th and the other thing is interest rate hikes, which we know we're going to be getting the first one in march. So the most hawkish of all of these, the balance sheet, runoff aka balance sheet normalization. That was first discussed as kind of a surprise, as you can tell on january 5th, and that's exactly what led to this sell-off well fast forward till today and we're looking at i'm like okay, what's going on, are they going to talk about it? Well, the fact that you're seeing this bullish reaction - it's not because they were dovish, it's not because they were hawkish.

Well, it's more so because it was a lack of that there was no surprises. It was super anticlimactic. The right here. The biggest wrap up is just like hey, we understand it has implications on the market.

So if we're planning on doing anything crazy whatsoever, we're gon na be letting you know we're gon na call it out we're gon na communicate, clear and effective that that that's their goal. So this kind of calm people down because there was no surprises whatsoever in the port. It was very much in line and it was basically them just reiterating what we already heard on january 26th. So the fact that we have a lack of a surprise when we're we're kind of preparing for it.

That's exactly why you're seeing the markets rip right now, that's the most concise way. I can really explain. What's going on, we have one fed member bullard who is saying we got to raise it. We got to be more hawkish.

We got to fight it that if that came to fruition, you'd be seeing the opposite direction. If we had some surprise hawkish developments in in reality, they're actually going a little bit more of a different fred member uh. Her name is daley from san francisco of like hey, we'll, do what we need to, but before we do anything we're going to, let you know we're going to ease it in. It sounds like they're, taking a little bit more of that tactic.

So the fact is, there was no surprises. There was no surprise hawkish developments. It was in line with everything we already heard on january 26th and the fact that you're now taking this unknown out of the equation, you're seeing the markets react in a pretty positive way. So, at least in the short term, the only unknown that we're really seeing from a macroeconomic standpoint is the whole development between russia, ukraine and that geopolitical situation, but in the short term you're.

Seeing that the markets are reacting in a very positive bullish manner. Because of the lack of any hawkish surprise developments all right, so that's what's going on with the spy, the cues all that before we go on to um the other part. Let me know if there's any questions just because, obviously we do have time and there's like a whole nother segment of stuff that i want to dive into. But if there's questions on this, please let them go because the next thing really doesn't have anything to do with the fed whatsoever.

What was the emergency meeting for um? Basically them to probably get on the same page of what they want to do with interest rates, but also we're there's like we're not going to be hearing about that for quite a while um. I was listening and actually talking a little bit um with some buddies about it, and then i was talking or actually listening to a video with me kevin and he brought up a good point. I'm like you might not get the write up for that. For like months to come, like whatever the write-up is from the emergency meeting, the chance of us finding anything out about, it is like it's not going to happen for months, we're actually going to get the whole march fed meeting and all of that good stuff.

Before we find out about what was said in this emergency meeting, so that we are printing, ious, uh, well, no they're, just making money remember all money created just is the fed is just like: hey we'll put more money into the system more! It's we have the our current monetary policy and there's many world economies that run like this. It's a forever expanding credit system. Every single dollar is loaned into existence, that's just how it works and they're loaning more and more and more. It's um.

Our system works on a forever expanding debt system. That's that's the system we're in amy's buff 24. 7.. This reminds me of the meme of the guy in the chair in the room when the fire telling himself everything will be fine, if i am buying, puts, i think well jeffrey, be careful because in the short term, from a technical perspective, i really like how the Spy got above the 200-day moving average.

This has been kind of the thing that i've been pitching to people over the peace past week and a half above the 200-day moving average, i'm bullish on the overall market below it, i'm bearish, and on this the fact that we got above 444 and some change. If we close above this and like i'll wait to see how the futures market reacts overnight and i'll wait to see really what's going on, but above it i am bullish below it. I am bearish and i know there's going to be a lot of big money funds that are like kind of of that same mindset. If we can hold above the 200-day moving average, i will once again be bullish on the s p.

500.. What else do we have? Well, we know the result of the meaning, you will know the result, but it's not really going to matter, because you find the write up of it way way later weeks months later, we're actually going to get a newer, real-time update in mid-march for the next meeting, Which, i believe is march 16th. Someone might want to fact check me on that. I may be confusing it with today's date of feb 16.

uh, but you might want it's mid-march what else we have any thoughts on. Why amc and jimmy didn't rip with the indices? Uh well, first they're up more amc's up 1.5 percent. Gme is up 1.5 percent despite the q's and russell are a 0.2 0.07 and 0.2 um, so they're up actually already more. What else do we have? Okay? If that's it? Oh, if you haven't already, it would be awesome if you could destroy the like button and if you haven't already don't forget to join up at the moon game by hitting that subscribe button um that would be awesome or also, if you're, on twitch just hit the Follow button but liking subscribing, helps me out the algorithm and it it i'm never going to ask you for a single cent.

I'm just going to ask you for a little bit of support with the social media. Big tech algorithms helps me especially on rumble. Recently. It's been working super super well to get us promoted on the main page.

It the fact that we're continually here at the moon gang we're continually on the home page of rumble. That's awesome! That is awesome. That is so awesome all right. So that's your breakdown of the fed, that's your breakdown of why things are going green and, like i said the only unknown, i'm going to sneeze come on kelly ripa! Wouldn't do this hold it in hold it in you're better than this, i'm not sneezing kelly ripa.

This is how i'm going to get onto her show she doesn't uh allow for it. No sneezing all right. I really have to my nose feels funky. I just like to build up the suspense, a true entertainer at heart, all right.

So that's what's going on with the fed, that's why things are going green and i wouldn't be surprised if we continue to have a push in the close i mean: we've already had a very, very nice push, so maybe just kind of coast. It looks like the q's running into 357 and the spy running in to 447 and a half pretty much, but let's see if we could get a little push at the end of the day. That would be awesome all right. So, where are we if you've been following the saga of the apes of gamestop of amc? You know it is intimately tied with the developments of kind of insidious actions on the side of the shorts and some other things such as robin hood.

Taking away the buy button but there's big intricacies to this world, and one of them is very much this concept of aggressive, manipulative shorting and that's something that has been a thread. A pillar of what this community has been arguing about. Trying to get people to look into it and what's awesome about it, is this all really got going. It got mainstream media attention a little bit over a year ago, so fast forward.

To this moment there is some serious regulatory justice movement in this world of potentially manipulative shorting. So i really i'm actually pretty excited to be sharing this story with you, justice department is pursuing wide-ranging investigation of short sellers sources, say muddy waters, carson block served with a search warrant in the probe of illegal trading tactics. So i know, like i said, there's a myriad of things that the apes are trying to point out, for example, payment for order flow. It's just another one, but it doesn't particularly relate to this.

That's more of a structural thing. We've been talking about pattern day trading, the interesting lack of information in 13f, the opaqueness of ftd reports. I get it it's a whole bag of things, but one of them is clearly what's going on with shorts and are all their tactics and strategies truly above board and a lot of people, maybe for very good reason, have been saying no way jose well recently, over The past couple weeks, we have been getting developments of the department of justice, the doj they're starting to get involved, which to me to my understanding of how the system is set up, that's pretty big. Usually this is an sec thing and now, when the doj is getting involved, that's really rising.

Some eyebrows, like it's getting people saying whoa. What is going on here - and this is tied with like as the numbers are going up, they're looking into more and more and then it's relating to these other crazy stories. Well, this is the most recent installment of this whole crazy debacle and it's very interesting to dive into federal prosecutors are investigating whether short sellers conspired to drive down stock prices by sharing damaging research reports ahead of time and engaging in illegal trading tactics. People familiar with the matter, said so think of these big, these big groups, these organizations and there's like i guess i have to say the word allegedly a lot in this, because it's actively a legal case but think of your sichon research, your hindenburg, your muddy waters Of these people, who really as soon as they say, there's against something they have such of a following.

They have such a clout that the stock ends up. Tanking i've seen this many times myself in real time where i've just been buying a stock and then all of a sudden you're like hang on citron, just tweeted, that they have a new research report on company whatever and that company tanks, just because they have that. Much of a sway within this particular industry. Well now there's people pointing out that it might be even worse than that there might be people actually sharing their research reports and there's now new accusations of where hedge funds paying them to write these things.

It gets super super wild, but this is what you need to know from a high level. One tactic under investigation is spoofing in a legal ploy that involves flooding the market with fake orders in an effort to push a stock price up or down. Now i have a little bit more of an explanation for this. Spoofing is essentially high speed, bluffing in which one trader dupes others into transacting at artificially high or low prices.

A spoofer, for example, might offer to sell a big block of shares at 10 when the last sale was at 1003. After other sellers rushed to match the lower price, the spoofer quickly pivots cancelling his sell order and instead buying it at 10 price. He generated with the fake bid repeated enough time. Spoofing can produce big profits.

Obviously this tactic is illegal, but people are still doing it. It's been outlawed since uh 2010, but in 2020 the justice department had charged 20 people with spoofing related crimes and collected more than one billion dollars in fines from banks and other financial institutions. So this once again, this is just like one little example of the type of thing that is played out. I'm not saying this is it, and this is exclusively the issue, but when you pair that up with that's their their tactic in terms of like market structure, and then you add that, together with this type of thing, where potentially allegedly getting paid to write some of These reports sharing the reports with other people, so you have more money driving in equity down or up just manipulation in general.

This is crazy, so carson block the fiery short seller behind muddy waters uh. He was another person recently served right here, served with a search warrant by fba. Arjun. Excuse me: fbi agents.

In october, federal agents took computers belonging to andrew left of stitch on research. He was another one. So a lot of these people, these, like kind of short report or, like you, post a report and you're an aggressive short seller, a lot of them getting questioned by the doj as we speak, never uh the most popular camp on wall street short sellers have been An essentially bruising few years, so i wanted to bring this part of it up, because i want to make it explicitly clear where i am am i matt coors against shorting? No, i am not. I am not whatsoever, i am against manipulative short selling.

If you think a company's gon na go down because it's being overvalued, if you think they have questionable sus accounting practice, if you just think they're in a bad industry, if you think they're in an industry, that's just gon na be less popular. I am fine with that. You in the free market have the right to bet. If you think something's going up down or sideways.

I am not generically against shorting. I am against manipulative shorting, i'm against manipulation. It doesn't matter if the manipulation is pushing the stock up or down. I shouldn't even say, manipulative shorting, i'm against manipulative tactics, i'm against manipulative training.

I want a true free market, not something that's being manipulated. So with this. Yes, i get it short. Sellers have been beat up and i think some of them deserve to be beat up by the justice system by people like me streaming.

But there are other ones who they're actually just finding fraudulent companies, and i don't care if they make money on the way down. The company is fraudulent good, but it's been an interesting year with the connotation around shorting. Still they can play a crucial role in uncovering corporate frauds. One short seller helped turn up the heat on enron.

That was a good short. We could talk about luck and coffee. Honestly, the list goes on and on others were early to sound the alarm in the 2008 financial crisis and most recent scandals, including wire card ag. The list is long of ones that were good legitimate shorts, but that is completely different from the world of this type of manipulation.

Uh that we see there. They are two very, very distinct things: moving on columbia, law, school, professor joshua mitch, who published a 2020 academic paper entitled short industry that was critical for short selling tactics. If you haven't heard of him yet we actually recently covered another story of his kind of related to the sec, more of a gamestop thing, but anyway, more specifics than this, he has been advising the justice department in its investigation. People familiar with the matter have said mr mitz has in the past, also served as an expert for companies and executives.

So this is a columbia law school professor who has been really learning about the tactics or at least some of the tactics, manipulative insidious tactics that go on in the market and the fact that we're just saying his name over and over again. I actually think it might be an interesting person to try to reach out to and bring on for an interview on this channel. So if you have any weird connection to the columbia law school, professor joshua mitz, let me know because i think he could be an awesome awesome interview and really share some of his knowledge with us as long as it's not an ongoing case. But overall i wanted to cover this because it does relate to manipulative shorting in the market, something i am clearly vehemently against and it looks like some of them are about to have to answer some very painful questions from the department of justice.

Obviously, let me know your thoughts in a comment below just wanted to share that we already went over the fed. Where is the market right now? We have about eight minutes until close uh. Once again, if you want the fed report, federalreserve.gov uh the crypto market after the fed report at first it was pretty red today, then it went green. If you want the newest updates of what updates of what's going on in the world of crypto, make sure you're checking out crypto cores and over the past week, we're seeing some red still but on the daily looking good total market cap, just under two trillion.

Two trillion two trillion two trillion and where is my market right here? All right, cool cool, we're seeing some green we're seeing some green into clothes um. Let me bring this up amc just under 20.. I, like that we know we have big resistance at this. Like 20 30-ish area um, i really was dubious of the fact of it breaking through on attempt number one just because that's a rarity doesn't really seem to be how amc commonly moves, um or gme.

It seems like it does. Take multiple attempts, so amc, i'm looking for another big test uh at this point, just the fact that we have seven minutes left uh, i'm looking in the low 20s uh, hopefully for tomorrow, and then jimmy i'm looking for that breakout of 1 30.. All right, where are we going? Where are we going? Where are we going? That's the golden question. What a day? What of all i don't know, i just really like these high volatile days, just big, bigger money, opportunities, bigger money opportunities.

I say that even though i i thought the fed was going to screw us over today, i really really did so. I i took some some licks on some short bets that i had going into um on the spy here and really volatility uh and at first i was like okay and then it looked pretty good for me and then it started to rip. So i just had to cut most of that um if you're in that spy credit spread with me, i'm still in that i'm still feeling good about 458 not being exceeded by january 28th. I still have those uv xy calls.

So that's a little, not i don't know questionable right now. Let's see how this plays out, but uh, i got burned in the futures market on the nasdaq put um so that one i had to cut that and i cut it as quick as i could uh. But that's why you have a trading plan. You stick to what it is and when it came out - and i saw that the trend and the reaction was obviously going to be a bullish one, because the lack of hawkishness in the fed development in the fed minutes.

That's the game in training. I didn't know how the fed was going to go if it went hawkish. I was gon na make a lot of money and instead i just had to take um, i wouldn't say a baby loss more of like a medium-sized loss, but that's the game of trading. You still hold amc wha, what's amc, what's an amc pedro mart martinez or anyone uh? Let me know what do you still hold amc? No, never heard of her is this by increase on such low volume, low vol? What's the ball 71 mil yeah, it is below average um.

I think a lot of this volume remember. Yesterday there was some like crazy v-shaped volatility type reaction um. So there was an increase yesterday today, i think the early half of the day was a bit more of a apprehension before the meeting. I think before 2 pm there was an absurdly low amount, absurdly low amount of volume, and really most of the volume was probably like stacked in the lighter latter half of the day on a imaginary chick, oh man, oh man, oh man, all right, so things are Kind of going calm into close, we see gme with a little bit of a movement there, 356..

What's prague doing down 6.8 percent uh cfvi is up 3.7 d-wax up 4.5 d-wack is actually kind of moving into close as well. Cfi had a nice push but kind of calming down into close uh interesting, interesting, interesting, interesting, interesante amc. She sounds cute, oh man, oh man, oh man, oh man, all right. What else do we have any questions in the final three minutes of the day? That's your breakdown of what in the world is going on with the fed.

That's also your breakdown of just some interesting department of justice developments with some potentially manipulative shorting tackets. This particular one a little bit more centered around collusion with sharing these reports beforehand. Maybe loading up extra money on a particular side of the bet, but also the trading strategy of spoofing. So i just wanted to share that with you.

Just hey, sharing more knowledge and then other than that. Just so you know uh, we will be posting uh. Some vod content on crypto cores, hey if you're not subscribed to crypto cores and you care about crypto, which is a nice money-making opportunity. Uh, make sure you're checking that out uh if you're on rumble you're, already good to go.

Um. What's pin oh pin to the top of chat is ttg true trading group um. If you actually want to become like a better trader and or investor a little bit more like if you're, if maybe the apes brought you into this community, but now you're like hang on, maybe i need like a legitimate education, maybe you're, looking at your account from The last year and you're noticing it's red and you just wish you had some better tactics. Um, you could get a three dollar trial.

You get a full week trial, it's pretty cool, uh, three bucks. If that cost bothers, you lit reach out to me i'll pay. It for you, but they are going to be doing a free stream at 4 30. So in a half hour they will be doing a full breakdown of the fed report.

It's literally just on youtube like it's a stream. It's a free stream in 30 minutes, they're gon na be doing a breakdown of the fed minutes that came out um. So if you want another person's opinion on it for absolutely free, it's just a stream the way you're watching this. You can watch them it's at 4.

30.. I just put it into the description of the video. Let me drop it here on rumble as well. Just follow that it's uh it's just right to a youtube link, but once again in 30 minutes, if you just need another breakdown, stop spamming.

You know, i think, one of these days, uh a mod's gon na like ban me from my own channel. It happens. It happens, it happens. Do i like draftkings, i do i do like draftkings it will.

They actually have an earnings report on friday. Just so you know earnings report friday, friday, friday friday, oh a little bit of dip into clothes here. What are we doing? A little bit of a dip hey matt: can you ever get a sign when trading credit spreads um? Not if you structure them properly because, like the if you're a proper structured spread like you're, just playing the spread between the two options, um so like they kind of counteract each other in terms of like being assigned ding market is closed. Folks, you might have heard from the intercon system whoever that beautiful voice of jesus was uh the markets closed.

The market is closed for today, wednesday february 16th. That's it that's all she wrote. We are halfway through the week well, technically a little bit over halfway, we're over hump day. So here's the plan, here's the dealio i'll - be posting some vlog content on crypto course and on the main channel, and then we will be doing uh.

Another live stream. 9 a.m: bright and early tomorrow be there or be square um. I appreciate all the support. I appreciate all the good vibes i'm liking, the green in the market, but honestly shout out to all of you thanks for everyone who dropped a like.

Thank you to everyone. Who's, just in general, good vibing and up welcome to all the new members of the moon gang welcome to club dumb money. I do appreciate it. Thank you.

Thank you. Thank you. I will catch you a little bit later on today in the vaz and then once again, streaming 9 a.m. Bright and early tomorrow hope to see you there have a beautiful morning evening afternoon night, whatever time it is for you and as always for me and chair best of luck in the markets, you.