Me me: bye, uh, hey me, hello, hello. What is going on and welcome to an absolutely crazy valentine's day power hour folks, we have so much to go over. We have to talk about the potential world war. Three scenario: we're seeing playing out in the markets potential huge potential we have to talk about was the sec wrong.

Did they lie to us in october, and i have to give you a very, very important, update about ice fishing shanties when we get through all those things. Of course, we have to take a look at the market because this the stuff we're seeing right now is nuts i'll. Give you an update of the short interest utilization. All those numbers before that bell goes ding ding, ding man, so much to go over before the market really wraps up on the day and just know, there's crazy volatility, which also means crazy, money-making opportunity.

So, let's see if we could do our best to really spot what in the world is going on now very quickly before we get into that. If i take a quick scroll out here, you can see what's been going on in the overall markets. Basically, we got to 1pm and everything just started vomiting. Yes, right now, we are in a bit of a pop right now off of that, like extreme sell-off.

So hey, that's good, definitely positive, but then again, there's also still like 30 minutes to go until market closes. I'm really watching the spy at 437.. If it can't hold 437, we might get a complete complete. I don't know i'm looking at the time i'm trying to do some quick math here.

This could get interesting uh. So, let's first get into what in the hell happened here and it this particular one does not relate to the fed. Yes, the fed did meet at 11 30. Today, the meeting is most likely going on.

It's not like. We got some sort of update about fed this isn't more of like a monetary policy thing. This is more of. Are we about to get into ww trace a russian invasion of ukraine would potentially unleash a polar vortex on the stock market and push economies into a recession? Morgan stanley's mike wilson, says morgan stanley said a potential russian invasion of ukraine would pose a significant risk to global equities.

An invasion materially increases the odds of a polar vortex for the economy and earnings well yeah. I think a lot of that of us were like already kind of piecing that together and what happened a little bit ago, a little bit over an hour ago. U.S is closing ca, give uh embassy, that's the embassy location in the ukraine, relocating diplomatic opera operations to live according to officials uh and then from there. It got a little bit more haywire.

So right here this is a very strange grouping of events. Pentagon says they don't believe: putin has made final decision to invade ukraine. A ukraine government adviser says president zielinski has been was being ironic when he said russia would attack on wednesday, and this was it cnn. A senior ukrainian official has denied that president zielinski was being literal when he said the uh in an address to the nation he'd been told, a russian attack would begin on february 16th.

Um that that's ridiculous. He was being ironic what ironic ironic about a russian invasion which could potentially lead to world war. Three: that's the advisor's excuse of like hey a little bit of levity like we've been working on some improv here, like you didn't like that, like that didn't really hit with the rest of the globe. This is crazy.

This is being reported by a couple people um other accounts that i follow. Uh have not really been hopping on on that. A state department spokesperson says: ukraine's desire to join. Nato are not up for other countries to decide um.

This is just a wild situation. If is if this is true, if an invasion happens today, tomorrow, the next day, whatever that's, not good for the markets, i do agree with this morgan stanley. Take of that would be no bueno, especially in the short term for all sorts of markets. Downside downside downside, but the reason this is crazy.

This is insane that the development of this particular storyline is like hey it. I was being ironic ironic, you get it it's a joke, it's a joke about world war! Three. Why can't we laugh? So that's! What's explaining the sell-off and the bounce we're seeing what comes in the very next minute? I do not know. This is one of the most absurd fluid dynamic situations that you could possibly have, because not only is it russia, ukraine, u.s china, but it's also the fed.

It's also, we have inflation reports coming out at 8, 30 a.m, an hour before the market opens tomorrow. All i can tell you folks is expect absurd volatility upside down side. I don't know, i just know. Things are teetering and all i can really tell you is the statistical chance of absurdly high volatility.

That's what it is it's through the roof. That's the only thing that i'm that confident in in this moment in time is just insane swings throughout all markets. Equities, futures cryptos options expect massive massive volatility. Let's take a quick sneak peek at this.

We're still kind of pumping back up off of these. Like reports off of this news, this is just an absolutely insane situation: an absurd situation. Let's talk about another insane situation, let's rewind about a year late january, all eyes as we were sitting inside because of the rhona all eyes, especially in the markets, we're on a little ticker. We like to call gme better known as gamestop late january.

Just over a year ago, this thing went haywire almost made it up to 500 per share and a lot of people were saying: hey people are getting squeezed and we know certain people were such as melvin capital uh, but there was a big big desire from the Retail trading public for more information, because when this went nuts the game was stopped in the first quarter, we had brokerages such as robin hood, such as weibo, taking away the buy button from the retail trading public, so that only really left these big institutional players to Do what they want so on the retail side, when you can only sell what happens well, it goes down and that's exactly what happened to gamestop and really a year and some change later. That's what led to this exact conversation well a little bit before right now. In about mid-october, we got the official gamestop report from the sec and it left a lot to be desired, a lot to be desired and one of the most interesting things from him was. It was saying that this actually wasn't a short squeeze.

Well now, there's some academics who are saying what what what are you? What are you talking about and that brings the question: did the sec lie to us? Meme stock frenzy gets a fresh look that questions. The sec's narrative, academics say stock rally was driven higher by shorts, covering scc cast out on short squeeze in its october gamestop report. Meme stock mania might have been a case for traders banding together to take down hedge funds. After all, that's the contention of new research that challenges the sec's view on a so-called short squeeze played little part in pushing gamestop into the stratosphere in january 2021.

A lot of you watching right now are probably thinking yeah duh. We get that. We know that people blew up, we knew that it was short, but this is just more insane that someone's, like academics, are coming back out talking to the sec, saying dude. What would you, what are you talking about? The regulator failed to examine relevant security, lending data that and didn't study a long enough stretch of transactions, a half dozen academics from columbia, university university of notre dame and elsewhere certain papers sent in a recent weeks to the sec chair gary gensler.

Let's get a little bit more into the detail, so they went into this data and it was pretty interesting um. So if you read the report, that's still out there, i'm talking about the official sec october mid-october, like gamestop report um, they basically said shorts covering, were not really the cause for it to go up and as you're about to find out, they didn't really address any Concept of a gamma squeeze and they really they minimally, just like even acknowledge ftds, which was like one of the biggest upsetting aspects to me. But anyway, shorts who closed out their bets only played a minor role in driving the rally. That was the assertion from the sec um speculated.

It was just because traders were optimistic about video game retailers, prospects and thought they were triggering a short squeeze. So once again, this is the scc's assertion that was exclusively going up, not well, i shouldn't say exclusively minimally. Just a little crumb, a little crumb going up, because the short squeezing when reality it was just like fervor and excitement from the retail trading public. The sec's october analysis used incomplete data and flawed methods to research.

Erroneous conclusions regarding the events of january 2021 said: joshua mitch lead author of the study in a columbia university law. Professor, our findings suggest that the sec's response to gamestop and other memes may be deeply misguided drama. The sec also fell short in examining the effects of a so-called gamma squeeze, which occurs when options delay. Dealers buy a rising stock to balance their exposure to contracts they have sold, pushing shares even higher.

Now this is your first time hearing about a gamma squeeze. Basically, a bunch of out of the money calls are sold, they end up going in the money and the person who sold them to protect their own book. Their own position ends up buying more stock. Well, buying is buying so that pushes it up and, as you can see, between a gamma squeeze and a short squeeze, they can interplay with each other.

A little bit of a gamma squeeze could be a little bit of a short squeeze and they play and it gets out of hand and then also when you throw in a couple dashes of fomo buying. That's what i like to refer to as the three horsemen of buying fomo buying gamma squeeze and then the good old one short squeeze moving on anti-fraud and anti-manipulation. Rules need to be overhauled. For social media era said mitch, who has long petitioned the sec to toughen rules around short selling, the sec should focus on the distortive effects of short squeezes and gamma squeezes on the market and the harms they cause ordinary investors.

I 100 agree with this. This event. Gamestop january 2021 really highlighted and showcased the fragility of our overall market and since then, a lot of people across the globe who had no interest in the market, whatever started to find out other things about potentially the harmful practices of business. I guess dealings between brokerages and market makers also aka retail wholesalers.

I'm talking about payment for order flow, really hurting the price discovery about looking into 13 apps. Why do they report longs? Calls puts, but not short positions that doesn't make sense, feels like they're hiding something with about pattern day trading. We're told that we have the best most robust markets, they're free markets. Everyone should be engaging in it, but if you have less than 25 000, why are you treated differently than someone with over 25 000? This event, the gamestop movement, the crazy movement and really leading to brokerages stopping the buy button and all that stuff led to kind of a thread situation.

People started pulling on it and it led to an entire can of worms. In this particular study. The sec said shorts purchasing gamestop to close positions, made up quote unquote a small fraction of overall by volume during the company's surge and the stock price remained uh elevated after the direct effects of covering shorts would have waned once again. This is what the sec is saying, but mitts joshua amitz, the person who's, the lead author, along with all of his other helpers, didn't examine individual customer accounts or include data on all short sellers.

The academics argued uh. The agency also didn't review short selling data before december 24th, 2020.. Investing sees shorts had already mostly bailed on gamestop before the stock went especially haywire in january 2021. So from there, it's very interesting to see that this particular event has bled into the world of academia and now they're actually saying hey.

We actually don't agree with how you looked at the data and the conclusion from the data that you drew. Their academics are hitting back, so i would love to see. I don't know if gary gensler, the current sec chairman, will ever be responding to this, or maybe someone else. I don't know if it goes directly to him or someone else, but i'm personally interested in seeing how this all actually ends up playing out in real time, because i i think in october it's safe to say that myself definitely and many of you watching when you Saw that gme report, you probably read through it a couple times and you're like this, doesn't make sense.

It's kind of a well-written essay on what a short squeeze is, but didn't really dive into any specifics that the public wanted. So it it. It left a lot to be desired and now even the little things that it, the conclusions that it did draw other people are saying that actually doesn't make sense. So with all that being said, i would love to get your thoughts on this.

Do you think it's going to move the needle? Do you think that the sec also drew incorrect, erroneous conclusions, because i definitely know where i stand on that, but uh we'd love to hear your thoughts and finally, probably the biggest story. I have to share with you. Yes, potential looming world war iii. Yes did the sec potentially lie to us crazy stories? You know the craziest story that i have to talk about ice fishing shanties.

This is the story that went viral and took over the world and it all comes back to the data points. It's just the data points, so this mayor mayor of a quaint little town in northeast ohio. They were voting on the fact should they shouldn't they allow public. I guess lakes ponds uh to have ice fishing and well from there.

The mayor brought up the very valid point that he has from data points that well, if you have ice fishing, you have to consider ice shanties and if you have ice chanties, if you don't know what that is, it's basically a special time for ice fishing to Help like battle the elements, keep you warm. He brought up the point that if you allow ice shanties, you have to be concerned about prostitution. Now we don't need to get into the specifics of the mental gymnastics that were required to make this jump of good old family fun ice fishing, leading to most likely. I don't know where it is in ohio, but most likely an outlawed practice.

I would assume well i have an update on that story for you, mayor, quits, after town legalizes ice fishing. Despite his concerns, it would lead to prostitution. You know i at least like him for standing up for his morals. I will be damned if i am the mayor of a town that is supporting ice fishing prostitution.

He he he trusted the data points. He had his own morality based in these data points and he said no way jose. Will i be the elected official representing this town when there's ice fishing prostitution running amok? You know in a certain way. I would argue that he he's kind of a batman.

I would say he's he's the hero. We didn't know we needed, but he we definitely didn't deserve, but we need him. We definitely need this guy uh. I love it.

I love it. We looked into him and we found out. It goes deep. This is definitely an illuminati level type of a story.

If you look into his phd level wife, his two highly energetic golden retrievers, this is a story. You think we've been pulling on a crazy thread involving the sec and wall street. I'm telling you it pales in comparison to this particular story, so i just wanted to share that all with you, but it looks like the mayor is no more. No more is this little town, this 220 year old town in northeast ohio, protected from ice fishing prostitution.

That's what i have for you in terms of these stories now, let me give you an update on the short interest. All right, amc, almost 22 21.8 utilization 100. There still seems to be a little bit of confusion between costs, borrow and utilization. If there is any particular people who have questions about that in this stream, let your questions fire, gme, 22.32 utilization - also 100 s, p.

500. 16.5. The nasdaq right i went up today, but still, if you look at what's been going on over the past couple weeks, actually down a considerable amount, but anyway at 13 and the russell 2000 at 40.58. Here's where we are as we're getting closer to that market close.

It's 3 47, which means we have just over 10 12 minutes that type of a thing um. Yes, we sold off about potentials like or people kind of looking into the story of wow sounds like russia's about to invade. The ukraine sounds like wednesday is the date and then apparently it's just ironic, which holy that has to be illegal. How is that possible? This guy, because of his dumb ass irony literally caused trillions of dollars in like global sell-offs.

Imagine how many markets that impacted that, like one dumbass piece of commentary, i i can't wrap my like that - should not be legal. That can't be legal. But then again i guess he's a president currently facing other looming issues and he probably doesn't really care too much about global markets, but that's nuts, this sell-off and whiplash back. That's insane! Absolutely comically insane! Shout out sarah fim happy valentine's day, moon gang 12 months with your one year mark shout out to seraphim a hardcore mod who i'm happy happy happy happy she's, a member of the team.

He did it on purpose very well could have bought the dip. Imagine if he shorted it he's like all right, we're gon na say this: let's sell this down he's like all right. You guys did you get your puts. Did you lock those in good, good, good? All right, we switch into calls.

We we switching along okay, good yep, set him with the irony thing, biden or putin, who said it. Neither of them said it. It was the president of the ukraine wild wild that, like man, what does this world come into? High volatility expect these types of insane swings for the remainder of the week. It's not going to slow down, because obviously this whole situation is not going anywhere and then don't forget.

Tomorrow we get another inflation report, the producer price index, so that's coming out at 8, 30. uh and then on wednesday. We get the fomc meeting minute notes, uh, so that's coming out and then on thursday we get retail sales. We get jobless, claims well, most likely by wednesday or thursday, be getting an update from the current like emergency meeting from the fed.

Whatever this is this week, are there some the small cap sector taking a hit? We have 10 minutes to go, let's see if we can just hold on 10 more minutes. I clearly missed something. What happened? Ukraine president said we're going to war, then just kidding kind of thing yeah. He said he was being ironic, hey it's just i'm ironic.

I think, maybe in just eastern europe, maybe they have a different type of a different type of humor. Is anyone here in chat from the ukraine? Can you tell us your countries and culture's opinion on irony, because this one's definitely over over my hand, definitely definitely over? My head, the binding administration literally made it up. He was being ironic, no, no, no, the the person who said they were being ironic was the president of ukraine, not the president of the u.s. I am from chris davis, i'm from ukraine.

Yes, irony definition: the u.s stock market. This is just every single day. I don't like the more i learn about this. It's just making me an angry person now that my life is consumed by okay, like following the markets, follow what's going on, follow what's happening in wall street, follow what's going on on the political scale, on the political, i guess landscape, it's all just so, like all These people are such douchebags, all of them all of them acros.

It's it's one of those things that, like i get the saying i get the saying ignorance is bliss seriously. Over the past year there i was 25 year old dude in america. Doing my thing, i'm gon na trade - i have this job, i'm a software engineer. Look at me, i'm a millennial.

Give me give me give me success. Give me my participation trophy and then because roaring kitty, it all started with roaring kitty. Folks, oh man. Oh man you're about to get an eight minute you're about to get an old, eight minute rant.

Here we go here, we go. This is your valentine's day rant, no one asked for it, but it's exactly what you're gon na get little did. I know back in august september of 2020 there i was procrastinating reading my favorite reddit wall street bets and i caught the eye of this guy deep f in value and for whatever reason. I was intrigued by the fact that he had a lot of money bet on gamestop calls.

Little did. I know that that event that little butterfly flap of a wing would lead me here now to being a person whose eyes are a little bit wider, and this entire system is you guys get what's going on this all started with, like hey wall street seems messed Up and then you get into that, and obviously the wall street entire, like vehicle, the entire embodiment surrounding wall street, is going to be deeply tied with politics. So you start looking into that and you're like huh wall street's, pretty bad seems like that, doesn't make sense, and then you start looking to you're like wow. That's a lot of politicians.

Insider trading! Wait. What did the fed do? The feds inside are trading too wait. What's going on like across the board every single day, i look into this. I'm like that's nuts, it's making me a very angry person, i'm not an angry person.

I did not grow up an angry person. A lot of you've been like oh wait. Is he just angry because of these dumb ass keyboard warriors and shows yeah? They make me angry but like whatever they're, like kind of like the specs under my shoe, like you get over, that what i don't get over is the fact that there's so many people, most of which we put in their positions of power and it's absurd abuse Across the board, they are just abusing their position like for just clearly clearly personal gain. That's all it is.

They could give two shits about what is going on and the negative impact they have on the world around them. It's just it's such a gluttonous greed and the kick in the stomach is the fact that we've put so many of those people in their position. Man. I think at a certain point, when you come into decisions like this and i've thought about this.

A lot when your eyes are, like quote unquote like open to the matrix of this scenario. I think you come to a decision of like okay. It sucks it sucks, it sucks it sucks and some people you're just like okay, it's too big of a goliath. It's too big of a machine to possibly take down whatever, like, like that's the game.

Let's get better at the game and that's that's a very valid option. There have been various points i could have sold out. I could have made my bag and ran and i could have ran fast. I could have ran far and i could have had a stupid amount of money.

But obviously i'm here talking with you a frustrated 20-something year old and maybe it's because i'm 20 something and i'm like naive enough to think that like we could fight it - maybe maybe i'm too young, maybe i'm too stupid. But i i especially think that, with the technological advances that we have going on in digital communication, this this concept of digital communities - man - i i think the explosion in technology has made it very, very dangerous for the current elites of the world, especially the insidious douchebag Suits that i think their days are numbered all of a sudden, the expansion communities, the expanse and information, the expanse and knowledge, and curiosity surrounding that knowledge. I think we, i think, a lot of people look at this as a big wealth transfer of like what's going to happen, i actually think it's more apt to say that we are at the start of a big power transfer. I think power is about to become a lot more equitable, not only in the us but across the globe.

Maybe i'm right, maybe i'm wrong, maybe i'm too too young and dumb to realize that what's going on, can't be changed, but maybe i am right. Maybe what we're witnessing a lot of people are going through a similar event, whether it's over the past year? Maybe this is something you've been paying attention to for far longer than that. But for me i can speak roughly for the past year. Maybe there's enough people, maybe there's enough people who are finally starting to say what the and starting to realize that it's a it's we're long, long, long overdue for a little bit of morality and reasonable behavior across all the people in power really on this entire planet.

I don't know that's my valentine's day rant for you, that's what i have. Let me switch it back. This stuff is just nuts irony. I was being ironic, you that's my message, i'm being ironic too you how what's ironic, what what's the humor involved in a situation where literally lives are on the line.

This isn't like one of those things where, like some college, girls, like literally i was so drunk, i died. This is like literally as in like actually actually lives are on the line. Actually, people are scared for their life right now. They're scared for the future of their family.

I was being ironic, go yourself uh. Will you be my valentines? Let's have a cuddle puddle, let's have the best we can play for somebody love you matt mugen. What's up kinky kong, all right? How are we closing today? Where are we at? We have a couple seconds ago, 45 seconds to go. What positions do i want to swing overnight? All right, we close that all right.

I think i'm out of that our bell's about to go digging ding ding ding. I'm just referring to the um whatchamacallit that future position that i had a little bit earlier. Where are we at with the queues the cusi's ding ding ding, the casino is closed folks, that is it. That is it that is it crazy, monday, crazy start to the day.

I don't think it's going any anywhere anytime soon. I don't think it's going anywhere anytime soon and i'm just referring to the crazy, crazy, crazy, crazy amounts of volatility. Remember 8 30 a.m. An hour before the market opens tomorrow we are getting the producer price index, also known as ppi uh.

So that's the next thing up to slate bar. That's the next scheduled craziness uh up to bat. But who knows what's going on with the irony of world war? Three folks, that's what i have for you. You got ta stay on your toes.

You got ta stay frosty, got ta, stick to your trading plan, uh whatever it is. I'm not here to tell you if your trading plan is good or bad. I can't do that. I'm not a financial advisor, i'm not a lawyer.

Most importantly, i am not a fortune teller. All i can tell you is historically with my own decade in the market when i just willy-nilly, do something: that's typically the time that i make really stupid decisions and suffer very large, considerable losses. So, especially in heightened moments of volatility, stick to your trading plan. It doesn't matter if you're talking about equities crypto futures options, i don't care, stick to your plan, whatever your risk is, stick to it, whatever your reward is stick to it.

I don't know how you define it. That's up for you to figure out what plan like works for your account size for your personality, but i can tell you you got to stick to it because that's going to be the thing at the end of the day that protects you, that's what i have For you today, uh in terms of stream we're going to get some vods uploaded, so you can check that out not only on this channel, but also on crypto cores, if you're on rumble just go to the main mat course channel um, if you haven't already pin To the top of chat, make sure you're checking out ttg, you can get a free or a trial for three dollars. A week trial. You get their platform, some intro courses really really cool, but it's it's three bucks, one, two, three! That's it um! So we're gon na get some vod content out to you later today and then we're also going to be streaming once again bright and early 9 00 a.m.

Tomorrow, remember it's valentine's day! So that's a quick reminder to any of you who maybe forgot about it. So maybe spend some times with the people that you probably should be spending some time with today. I appreciate the support. Thank you so much.

I appreciate all the likes shout out to all the new subs welcome to the moon gang. You guys are the absolute best happy valentine's day, i'll catch you later on in those vods and then once again, 9 a.m bright and early tomorrow morning, as always from me and chair best of luck in the markets and don't forget to have yourself a b-e-a-u universal Day i'll catch you later, you.