So, moon, folks, folks folks, we got that new internet i'm coming at. You live through the interwebs at a high high bit rate at a high high speed. It should almost feel as i'm there with you. Unfortunately, this particular day of the new internet.

For me, with chair and with couch, not so good, not so good if you're looking at the markets right now. In fact, if you perhaps woke up this morning, watch the market for the first hour and then hit your head and you're just waking up now in time for this stream and you're you're cleaning your eyes and you're looking at the market, your initial reaction might be What what the hell happened and trust me, we've all been there and that's what this stream is going to be all about. I do have some news. I want to go over with you some interesting news and also one big mess up of the piece of news, and then i want to explain why the market did not hold today.

I want to explain how you could have known it, and i also just want to pat myself on the back and look at to the fact that in locals, we just kind of called it out to everyone and also uh, so we're gon na be getting into The details of that of how this all kind of seems sus to begin with. So with all of that being said, let me switch over and i will show you a little bit of the bloodbath uh, the spy pre-market down from 8 30.. Then it popped. Now.

It's selling off and we're seeing that vibe across the board. The one that's being severe right now is a firm and that does relate to the mess up, but before we get into the specifics over there. I do want to point out a couple things to you. So this is a look at the blood in the s p 500.

It was all red, then it was pretty much all green and now we're back to being all red. If you look at crypto, it was red green. Now we're back to being red, uh you're you're, getting that general vibe across the board. I mean things were green, pushing coming down we're just we're and we're selling off right now so before we get into that, i just want to quickly go over some other news.

Uh white house: let's get rid of this white house, unveils 5 billion plan to blanket u.s highways with new electric car charges. The us government is starting to make good on joe biden's promise of 500 000 public electric car charges. The government will give nearly 5 billion to help states build out their charging infrastructure. The plan aims to beef up charging access along interstate highways just wanted to share this, because obviously that has positive implications for ev plays.

Ev is one of the sectors that i'm particularly bullish on for the remainder of the decade. From now until 2030, i just see the adoption going higher and higher and higher, especially as we're building out infrastructure and, more so as the technology advances and we're going to hit a price parity between typical gasoline diesel-based vehicles and ev. So, as the technology gets, better batteries get cheaper, they have a longer range and the infrastructure gets spelled out um. Once you hit that price parity, i think we're going to see a massive inflection in the demand curve.

To me, it's a very, very obvious place and that's why ev, particularly the leaders, i'm talking about tesla, lucid neo, and then you could play some of the upstream or downstream, but those are like the main, auto makers. Uh definitely bullish on those for the remainder of the decade, so i just wanted to show that a little bit of an eevee political update. This has really nothing to do with anything. I just thought it was a really interesting story, so i wanted to share it with you.

An unknown buyer used 4.3 milli in cryptocurrency to buy a billion year old space diamond from sotheby's. The fancy schmancy oxton house sustainability sold a billion-year-old black diamond from space for 4.3 milli worth of cryptocurrency named the enigma. The diamond is 55 555.55 carats with that's so crazy. That's huge 555.! The diamond was found near the earth's surface, where it may have formed from meteoric impacts.

That's crazy! Look at this thing, 4.3 mil in crypto. It kind of has that vibe that, like, if, like i don't know you might like turn into like an alien or gain like a superpower, i don't think this is gon na be the last time we hear about this. This has some extra vibes to it. Like i don't like a weird alien virus, or bacteria or like i don't know the holder of it - gets to control the illuminati, i don't.

Actually i do have something just to maybe back that up hang on. I should have had this all already ready for us right here something suss about this, and i just i need to get in front of it because i don't want to be hey. I saw that story, but i never called it. I just want to call it out now to all of you that this is definitely going to become a thing and who knows maybe the next installment of like the marvel movies are gon na be based off of this.

So i just wanted to share those two, and maybe you were paying attention to a firm uh, afrm affirm holdings. As you can see, it was actually having a pretty good day bucking the trend of the overall market. They did have an earnings announcement tonight. Well, as you could see right around 250 heading into power hour boom, it got crushed.

In fact, there was two different halts, maybe three different volatility hots just because it moved such a large percentage in such a quick amount of time. Remember, circuit breaker, halts they go to the upside or the downside. It doesn't matter if it's positive or negative whatsoever. It's a percentage move in x amount of time, and this one already got two halts and i think someone's gon na get fired.

A firm shares. Plummet. 21, after accidentally, tweeting financial results early. Once again, the earnings announcement is after the bell goes: diggity ding, ding ding today, but they tweeted it out and what's kind of weird about it is.

If you look at the tweet, which has now since been deleted, the numbers were actually like fine uh, so something else is going on there, but a huge, huge sell, but it all seems pretty sus to me. A firm stock dropped on thursday after the company reported fiscal second quarter results ahead of schedule. A firm is one of several hot buy now pay later, companies which offer short term and low interest loans to users when they buy consumer goods online. So once again, they weren't supposed to report this.

It's coming after the market closes today, but they tweeted out the results early and they tried to delete it, but it the damage was done like this is, as you can see, a pretty brutal sell-off it before this happened. It was trading around 81, currently down 27 and at one point it was down like 38 brutal, brutal, brutal sell-off, like that's crazy, someone's definitely getting fired. I guarantee the sec is looking into it. That type of stuff is absolutely nuts all right: okay, okay.

Okay. Let me just hang on. Let me get out of this. There are some other things we need to go over.

All right, listen up! Moon gang. Like i said, if you woke up this morning, you saw the market rip. Maybe you took a nap, maybe you hit your head and if you're tuning back in for this, you might be asking yourself what in the world is possibly going on. This doesn't make sense.

Everything was ripping for the first hour, maybe all the way up till noon. Why am i seeing so much red? Why was it red then? Why did it go green? Why is it red again, you might have got caught up trying to like fomo in maybe you saw it ripping and you were chasing, and this is exactly why we say not to do that. That's why you have a trading plan. You don't want to be the person chasing, so here's what happened today february, the 10th - it's a beautiful thursday, at least where i am this morning.

At 8 30 we got the consumer price index, basically a gauge of how much how costly it is. How, like the devaluation, basically of your dollar as a consumer, we also have this thing: a producer price index we'll be also getting that pretty soon anyway. This gauge is a very common gauge used by the federal reserve to make their monetary policy decisions. Well, it came out this morning.

Let me go back at 8, 30 and boom we got hit and we got hit really really hard because inflation came in hot and then when the market opened, we popped. We came back up to that level and ever since then, we've been selling off well, let's dive a little bit into even with all this. Why didn't i buy? Why did i hold my credit spread on the spy? Why did i feel comfortable in the fact that this seemed a little sus? Why did i warn all of you about it of hey? Keep your wrist tight, maybe a good idea if you fomo'ed into some calls just to lock in those attendees. Why did we know about that? Why, before the market open, did we even put this on the locals page? The cpi, as discussed inflation, came in hot fed needs to be more hawkish to battle.

This is less accommodative for the overall market. Stonks down this, as you can see seven hours ago, i posted this before the market was open. Why did i feel that way? What was going on? Why did i not get - i guess kind of tricked by it seemingly this overall market rug, pull that we currently have going on in front of us? Well, let's dive into some of these specifics: inflation surges 7.5 on an annual basis, even more than expected in the high since 1982.. Basically, over the past month, the expectation was for an increase month over month of 0.4 percent, but it came in at 0.6 so month over month it was hot and year over year is 7.5 and the expectation was closer to 7.27.3 so year, over year and month Above a month, the inflation was high, okay.

Well, it is the fed's job to battle inflation, and the question is to battle it. You can be hawkish, which is less accommodative to the overall market or you can be dovish which can prompt inflation, but it's more accommodative to the unemployment situation. Well, when people saw this number when it came in hot when it came in super hot people, panicked and that's right at 8, 30 an hour before the market opened and don't forget it's because of this right here, payrolls show surprisingly powerful gain of 467 000. In january, despite unicorn surge the estimation this came out on february 4th the estimation was 150, it came in at 467., they were off by over 200, so we're in this scenario, where the economy is actually stronger than expectations and we have higher inflation than expectations.

This is literally the perfect recipe for the fed becoming way more hawkish. There were some concerns of like okay. Maybe inflation truly is transitory, which is that thing they've been trying to feed all of us, but we all know deep down in our hearts that it's complete bs. They were trying to tell us it's transitory, let's retire, the word transitory.

Maybe we just don't know what we're doing, but overall, it's just not a good scenario: inflation's going higher and higher and higher things are being absurdly devalued. That's what happens when you have inflation from the 1950s. Until now, the usd has gone down by over 93 and it's honestly speeding up over the past year and a half because powell and his buddies at the fed reserve are just printing, they're, printing, their printing they're printing. Well, now we're in that situation, where inflation's coming in way too hot.

There is clear signs that the economy is actually stronger than expectations. So that's the final solution. That's why i was able to come up with that reasoning of no. This is going to prompt them.

If inflation comes in hot to be hawkish, so when we saw this morning move across the entire market, to me i mean this is just i guess, conjecture to me, this is whales, pumping everything up for them to get out before we actually go down. They did it a little bit. They were either able to lock in some games. They were able to get out with less of a loss, and then the party was over.

This move made absolutely no sense and that's why exactly i posted in locals. That's why i said it on the stream be careful. None of this seemed to make sense. The only bullish thing going on right now is what we're seeing seasonally roughly in mid-february.

There is a bullish push, but it doesn't matter because the macroeconomic developments are so much more impactful to the equities market and the crypto market, as you are clearly seeing. You know with this. It's important to understand and i like i've, been trying to prep everyone for like what all this means. Two days ago yesterday, i was saying you guys got to pay attention to the overall markets, because it's going to be these major indices that are going to lead all the equities.

Yes, of course, there's some earnings and those individual catalysts could like outweigh what happens in the overall market, i'm not saying for every individual equity, but barring any, like large update for a particular company. The macroeconomic situation is clearly going to lead the day and right now i i just don't see it. I don't see in the short term, what's going on, that's really that bullish. In fact, what i see what's going on in the short term is bearish, because the fed has an untenable situation that they're gon na do their best to adhere to to pay attention to to try to fix and all those potential solutions.

This side effect of that is not an accommodative nature: it's not an accommodative environment for the overall equities market. Obviously, this stuff does change day in and day out, but to give you a better idea of what's going on in march, we know, there's a rate hike at first, the s expectation was 0.25 and then they started pricing in okay. There might be like a 30-ish percent chance of a 0.5 increase well this morning, even before the market opened that got jacked up to a 50 chance and now a lot of people are saying by july. We're actually going to be up to 1 and then other bets in the futures market are saying that we might have six individual rate hikes this calendar year.

The fed only meets eight times, and we already had one of those meetings in january. So there's only seven left and now they're saying six rate hikes folks you to pay attention to the overall situation of what's going on, because this is so incredibly important not only for your individual holdings, your individual life, but if you're really paying attention, it's massive money Making opportunities, so people were asking me, am i still holding my spy bear call spread 100 because i i just didn't see it going up and i'm just gon na keep all of that money. There's other ways you could play it. That's a conservative way.

You could look at uv xy calls. You can look at cover, calls there's various things you could do and do whatever you feel is appropriate. But overall you got to pay attention to what's going on and i just want to leave you with some of these metrics right here. So uh, the st louis fed bullard he's saying he's favoring a one percent rate hike by july.

He's saying that he's favoring a 0.5 rate hike uh by march, so these are some of the like local updates overall 60 chance. Oh the last time i checked it. It was a 50 chance of the 50 basis points in march. Now it's up to 60 percent uh, this one says 50..

So, as you can see, everything is pointing in the direction of jerome powell and his federal reserve buddies being more hawkish. They are being more hawkish and in that environment, less accommodative for the market, and when you have a less accommodative environment for the market, that means you go from risk on to risk off what that means is people are switching their money up from higher growth, higher Risk such as crypto such as high growth, high tech, like nasdaq, 100 type, plays, and also that includes what mainstream media would refer to as meme socks. There's a pivot of money from these large institutional buyers - yes, retail is most likely. We can actually see that and some of the stats kind of doing some opposite stuff, but i'm saying these big guys: the big whales, the institutions, the banks, the hedge funds, what they're seeing from the fed it's prompting them go into more of, like quote unquote.

Fundamentally, sound plays and right now, you're, actually seeing an inflow into some of these financial places. Think of the big bangs goldman sachs, jp, uh wells fargo, citibank because of the amount of rate hikes that we're expecting to see. That's obviously going to be a net benefit to those types of businesses. So that's what's going on.

The final thing i want to leave you with is just like an update of yes, we're seeing what's going on with the charts we went through the explanation of the hawkish fed. I just want to leave you with the short interest on all these plays you're, probably paying attention to amc short interest of 21.6 percent, with the utilization still of 100 gme uh short interest of 21.6 utilization of 100 s - p 500 21.53. But as you can see, huge drop off recently, it was 38 in terms of the nasdaq 100 very low, now 7.6, but recently it was all the way as 29 and finally, the russell 2000 aka iwm still cruising high high at 46, but coming off of a Recent high of almost 52. that's the final thing.

I want to leave you with, and that's kind of my opinion. My non-financial opinion of what in the world happened today with that. Obviously, if there's any questions like, i i'm here to do my best to describe what is happening because this stuff is important to know and hey i mean, like i showed you on locals. If one of the mods could put the link here, actually i could do it uh to locals actually yeah, i got it matt coors of this is where i post like.

If i'm not live. Obviously, if i'm live, i just like share it all, but when i'm not streaming um, it's all going right here, i just spot spammed it in chat uh. If you're a little curious uh. Do i see a bouncer heading to a bear market.

You know that is a phenomenal question, and so once again we had a double gap that got filled, so this gap was here and that's another thing we've been talking about is playing. This gap fill well, the gap was filled, so no more gap. Look at right here, this region between 450 192 and the low from yesterday 455. That gap is filled now we're coming back down.

We do have obvious support at 446, but what i care about is right here, the 200-day moving average. I think we stay above that we're good chance of a bounce i'll, be watching it if we start to bounce i'll, go bullish i'll, i don't know i'll get calls i'll play some sort of bullish bet if we struggle there and break down well, i'm gon na Be a little bit bearish and i'm gon na see how it reacts to 428 and then, obviously, if we go below 428 there's going to be more downside for me, i'm not scared of if it's bullish or bearish, i'm just trying to identify the current market regime. The current market trend, because that's how you make money right here once again, just to reiterate for the overall market watch the 200-day moving average. Currently at 444., i'm gon na watch for a bounce and if it does bounce i'll go bullish.

If it can't bounce - and we start coming even lower well, i'm gon na go bearish um! That's it's honestly that simple, i'm watching this and then from there you can kind of see the implications on the nasdaq 100 on the russell. Everything trying to pop this morning seemed very fictitious to me. It seemed absurdly fictitious to me because the bullish buying made no sense given what we saw in the cpi report. I mean the federal reserve, we're not talking about the amount of retail money, we're not really even talking about a lot of these hedge funds, where, like retail, maybe like tens of millions of dollars in an individual play.

And then you have banks. That might be hundreds of millions we're talking about the fed. These guys have printed trillions of dollars. That's exactly why we have the saying: do not fight the fed they are.

They are the whale in this scenario and the fed, if they're about to turn off the faucet, that's been very, very supportive. This is exactly why you see if we're not backstopping it. This is why you see the sell-off it's it's one of the like this morning's reaction. I was actually surprised and that's why you shouldn't fomo in especially, if you're not feeling that comfortable in your thesis of the current environment, the initial reaction made no sense, and then the party was over at 12 30..

You know what happened at 12. 30.. That's exactly when we saw these updates. Look at the timing.

12. 45. 12. 48.

12. 47. That's one of the fed members saying one percent rate hike by july 50 percent like chance of a 50 bips increase in march. All these reports came out and then bam.

What happened 12 45 crushed the timing. If you're looking for the exact timing of when it got crushed, it was the fed speaking up saying, yeah no or at least one of the fed members. This one was from st louis bullard, saying: yeah no uh we're gon na actually be pretty pretty hawkish. So, if you're looking for a connection there, that's the best thesis i have for all of you uh.

What else do we have like kevin said a pump to possibly get out? What i saw this morning has i mean you're, never gon na know unless you're the one orchestrating it, but what we saw across the equities market and the crypto market. This morning it seemed like it was an opportunity for people to get out. This seemed like a quick push-up they're like just lit us out, maybe some i i don't know to me this. I mean i said it this morning we were talking about.

I was like, i think this could be a rug situation, um and hey whatever. Okay, i have a 50 50 shot and on this time maybe i got lucky and i was right but um. This was a very, very sus reaction and then the bullard a fed member kind of put the nail in the coffin when he came out with his comments and prompted this whole movement to the downside and we'll see very well very well can bounce off the 200-day Moving average i'm in no way calling for armageddon hey. All i'm saying is: let's just play level the level from support to resistance resistance to support the name of the game is like you play from tranche to tranche, to tranche that's the best way to have an optimal risk to reward ratio all right now, i guess, With all that said, uh, i appreciate all the hard work on this channel shout out daniel.

I appreciate that. Thank you. If spy breaks down, where are you going, would you ride puts overnight uh if the spy breaks down yeah? So i have a more conservative spy bearish bet on right now and those details. Uh are right here.

So this is one of the plays. I have on right, nope, nope, nope, nope nope. Where is it oh where's? My spy play was it? Is it farther down here? It is a spy credit spread. Uh i sold the 450.

I bought the 459 expiration feb 28th. This will hit max profit. It's the spies below 458. On february 28th.

That's my a bit of a bearish play on the overall spy other than that i was letting people knowing how they could have made some quick money today right here, uh this one. A day ago, um, i posted this last night after the market closed almost 24 hours. As soon as there's some weakness, i think a gap-fill play to the downside is very viable. Obviously we gapped down, then we did a quick gap, fill up the other side, which is crazy and now we're selling back off kind of like a strange reverse gap bill and then with the cpi information this morning.

It led to this, and this was basically an abridged version of my breakdown of like, what's going on, it's just crazy, but to me like i guess i don't want people fearing this volatility, this type of volatility movement - that's where serious money is made. You shouldn't be like okay. The only way i can possibly make money is to buy a stock and, like hope, it goes up or even worse, pray for a squeeze that like that, can happen, but that's not a way where you can build a systematic methodology that you can engage in every Single month, every single week, every single day, of course, that stuff does happen. I'm not saying it doesn't, but this is the kind of thing that, if you're looking to be a trader, if you're looking to be an investor, if you're just looking to be more of an informed person and understand what's going on, this is the type of stuff.

Like you got ta dive into and pay attention to, because the macro economic wins, whether headwinds or tailwinds, clearly have a massive impact on the overall market and hence individual equities. What about the crypto market? The crypto market is going to be moving the same way as the nasdaq 100. Nasdaq 100 ran until 11 and then once again, 12 45 got crushed. If i were to bring up btc, i haven't seen it, but i'd be willing to bet that at 12, 45 probably took a turn.

12 45 is right here right here: 12 45 boom everything just got hit at 12 45 and it's exactly 100 because of a hawkish fed statement. Once interest rates are announced, how long does it take to go into effect? I need to refinance my mortgage so remember. Those interest rates are a little bit different. That's the fed rate, not necessarily like the rate from your local bank.

Um. A fed rate is not like your local bank rate. The fed rate is how much money costs to be like loaned on overnight from like institution to institution, not like a classic mortgage rate, hike, there's a little bit of correlation as like all rates, kind of drop or all rates kind of rise, type of a deal. But they're, not the exact same thing calls on rans winning the super bowl uh, i'm not really indentured to the rams or the bengals, but i do want the bangos to win just because all the tick, tocks and memes of joe burrows, like really crack me up.

So i want to see more of those big fan of those bullish on joe burrows uh um. What else do we have going on? Seraphim? Hey you, you got the rams. I got the bangles at least one of us is going to be happy. Hey matt in locals, i can see only your posts, i see other replies to you, but no post created by anyone um.

So there's two different tiers like there's the free tier where it's like my post. But then, if you want to join the community and post yourself and reply in that um, that's it where i believe it's like 10 a month or it's like 100 for the year. If you want to really be a member of it, but like financially you're in a situation just reach out to me i'll, give you access, but that's the difference. No he's missing the drop down menu.

Oh, oh, he's missing the drop down menu, i'm also being told uh by 404, shout out mike that there's a drop down menu. Maybe that is your problem. If you are like an official member you're going to get the bloomberg terminal mat. No, i actually don't think it's that good of a data source.

It's it's good, but to me it's not worth it's costly. It's like very costly. It's just not necessarily worth it. In my opinion, uh when i have good data sources like ortex uh, i like charting here on trading view and also um at some point this year, there's going to be a big announcement of another data like provider platform that i think we're all going to be.

Very excited about uh. What website do you use to get the minute news thanks for all the info and updates? I really appreciate it. Um i use benzynga, but hang on. There's like okay, i got ta tell you something, but it's a secret.

You can't tell anyone else: benzynga is costly, so what you could do is pay a cheaper service which is ttg, which is you get benzynga, so you pay less money, get all of binzinga analyst breakdowns options, tutorials training, tutorials and their platform, their community, and it's actually All cheaper than all of binzinga um. So if you're interested in this, like, like i said, it's, not the cheapest thing, but if you want to try it um, there is a trial in the description. Just look at ttg three dollar trial and you'll get all of binzing. That's just like part of the bundled package, so try it out for a week, oh and speaking of which they um are gon na, be doing a stream at 4.

30.. Let me just give you that link if i can find it, i have it somewhere they're going to be talking about the fed information. So if you want an additional person's breakdown of it, here is the link um. Once again, they will be streaming at 4.

30.. Uh and mike the head trader over there, you could get his opinion on the fed scenario. Obviously you took into my opinion and he will be streaming in exactly 30 minutes. I just dropped the link.

The casino is closed. Folks, that's! What's going on um, i'm myself going to dive a little bit more into some of the recent fed statements, and i will be on locals there i'll be doing like a little bit of a sharing. My opinion tonight tomorrow morning of what to look forward to close out the week tomorrow, but definitely more interested in really what we're gon na see in the short to medium term for the remainder of the month. But i need to do a little bit of my own dd and research of what's going on with all these new monetary policy developments.

But my knee-jerk reaction is: this is signaling that they're, more hawkish than they've previously lit on being more hawkish, allows them to fight inflation, but a side effect that is a side effect, is of quantitative tightening is not the best scenario, a no bueno scenario for the Equities market, so the overall equities market will most likely be under some pressure uh, but once again i'll be doing a little bit of a write-up either tonight or tomorrow. Just so, people can hey at least hear my opinion, but remember i'm not a financial advisor. I'm not a lawyer, i'm not a fortune teller. You got to do your own dd, just think of me as like um, a starting point and then take some of the information, the terminology and go from there, because at the end of the day, you're responsible for your own money, you're, making your own decisions - and I i really really hope that those decisions are making you some attendees, because i know if you took the recent spy play, that's by credit, spread you're, making some attendees right now, uh there's some questions.

What was the reason market came steadily down after this morning? We went over that earlier, just rewind a little bit um. It was a little bit of a longer thing. I can't like quickly recap it but uh. What else do we have? What else do we have any final last second questions: i'm not seeing any come through.

Okay, well feel free to check out that stream. If you haven't already don't forget to sign up for public, i really like that brokerage, no payment for order flow. No market makers check it out. No reason be training on weeble, no reason to be training on robinhood blows my mind that they're not really you individually, but that there's people with a following in this community who are still using it uh.

It does not add up in my mind whatsoever. I still think it's a little bit odd, um, but hey it is thursday. We have one more training day to close out this week. Let's crush it tomorrow, i will see you nine a.m bright and early for the next stream and both on the crypto course channel, and on this channel we will be posting the uh, some vod content, some important content.

Um i've been getting some dms of people like asking where the crypto content is, if you're having a tough time. It's it's just right here, just search crypto cores um. So if you want to learn about crypto, bitcoin, ethereum, nfts, metaverse, hey we're posting content every single day today was a more in-depth explanation of bitcoin versus inflation. So, if that's the thing that interests you, if you want to learn about crypto, find it on crypto cores, but if you're on rumble, you don't got to do anything, it's all on the same rumble page, it's just for the youtubers overall.

Thanks for the support, thanks for the likes shout out to all the new people on the moon gang, you guys are the absolute best i'll catch you in some of the vods tonight and i'll be streaming once again. 9 a.m. Bright and early tomorrow have a beautiful morning evening afternoon night, whatever time it is for you and as always for me, and share best of luck in the markets, you.