What up duties! We have a lot to talk about in this video, but before we get into all that, check out what's going on here. we go base. Kidding, this is a Piper check. she's real big.

say hi Oh She maybe I shouldn't have disrupted her from her nap time she was here. she seemed really interested but now she's just playing shy I suppose. All right and there she goes. so maybe we should get back to it in this video.

We're gonna get into some of the craziness in the political scene of what's going on with the guy who runs this country I can't say his name because if you do, apparently you get in trouble with the algorithm. but that guy who runs our country and then the other guy who runs a different country who's been invaded currently asking for money. big big update there and then on top of that I want to get into the most ridiculous update regarding the whole FTX Sam Bateman freed fraud thing. Trust me, that's gonna blow your mind and then obviously to tie it all together.

Hey, look at the calendar, it's Tuesday September 19th which means tomorrow the 20th is an Fomc day. so I want to get you a little bit prepped for that I did a bit of a day to Deep dive of how this played out historically. So to give us a better idea of maybe which side the bullish or the bearish side, we should be fighting for tomorrow world. So obviously if you enjoy this type of content, don't forget to subscribe.

Don't forget to smash the like button. With that being said, let's rock. So now that the closing stock market Bell has officially gone, dignity ding ding ding for today Tuesday September 19th This is what mainstream media wants you to know: Stocks slide with investors on edge Before fed decision, tomorrow is going to be a very, very volatile, impactful decision day. The Market's most likely going to go a lot to the upside to the downside.

probably very, very quickly. So I want everyone to be prepared. But before we get into all that, I have a little bit of a surprise for you that I think we'll set the proper mental framework for the remainder of this video so quickly. Let's give this a listen.

Simply put, the 21st century 21st century results are badly needed. Who needed to move us along? That starts with the United Nations as I tweeted I could not have said this better myself. Now you might be thinking to yourself, what is he talking about And yeah, maybe he's giving us some sort of indication of the F-35 that was missing. Lost now apparently found.

or at least debris of it was found. F-35 debris found after a 100 million fighter jet went missing. Apparently our stealth is so good that we can't track our own things that are gone missing now in the US Hey, maybe the government misses a little hundred million here. Little 100 million there.

But obviously if you're spending anything more than 600, you bet your bottom dollar that Janet Yellen will be tracking it. Wreckage of a hundred million at 35 has been found, ending an intense hunt for the fighter jet that disappeared after its pilot ejected from the aircraft during a training. Mission over South Carolina The debris field was discovered in Williamsburg County Northeast of the area initially targeted by Sir James after the warplane vanished on Sunday The search has been brought in to include teams of the Marines Navy Civil Air Patrol and local law enforcement. But yeah, they found debris didn't necessarily find the actual craft at least at the time that I'm filming this.

So maybe Biden was talking about that. Maybe he was talking about this Zielinski, the President of Ukraine Uh, he just arrived in the U.N Obviously, we all know that they are now looking for an additional 24 billion dollars of Ux tax tailor money. Um, and that might sound a lot to you, and it sounds a lot to me. But don't forget, according to the Center for strategic and International Studies, we've already given a lot.

President Biden has asked the Congress for an additional 24 billion for the war in Ukraine bringing the total Aid to 135 billion, which is arguably the floor depending on the source you're using or not. using that number can actually be a lot higher and it's depending on what they do or don't count. But yeah, it's already a ton. which Maybe you think? Hey, that's just what the US does.

We give out money. We print it out of thin air and we Dole it out to whoever's asking. as long as they ask nicely. But don't forget U.S National debt tops 33 trillion for the first time.

The estimation at least a couple months ago was that we would hit 50 trillion in total debt by 2030. But now obviously the speed of our debt or the growth of our debt is actually accelerating, so we're most likely going to hit it even earlier. Which is crazy. And speaking of crazy, here's some extra facts related to it: Since the debt Ceiling crisis came to an end, the US has added 33 billion in debt per day per freaking day.

The US pay nearly 3 billion per day of interest expense. Debt service costs hit its highest level since 2009.. the US has paid an additional 150 billion of Interest. That's just of Interest Folks, the US deficit has jumped by over 300 billion.

U.S Federal tax receipts now down 8.4 percent on a 12 month basis. Trillions of dollars a debt are being issued at five plus percent interest rates nearly double the recent low interest expense will soon be our biggest expenditure. Is the debt ceiling crisis really over I Would argue. evidently that the answer is no, but that's just my feelings on it.

and maybe just maybe we shouldn't just keep giving away billions and billions of dollars. But hey, who am I just a nobody, just one man's opinion. And also, don't forget this: student loan payments are about to restart What you need to know ahead of receiving that first bill. Now if you're watching this and you're currently battling student loan debt, I feel for you.

It's not an enjoyable thing, in fact, it's a very painful thing. But the reason I'm including it in this section is really just to continue to highlight how ridiculous it is when you think of our government and their handling of money. for me personally, when I really pay attention to what's going on, it leaves me absolutely sick to my stomach. and I know many of you watching this right now feel the exact same way now.

I'm not necessarily saying that this is going to be a pause, positive update, or a negative update. All I can tell you is that we have a very important macro economic update coming as early as tomorrow. Wednesday September 20th. So at 10 30 in the morning, we're going to get crude oil inventories.

This is going to be somewhat of a good indication of what's going on in the world of inflation. Yes, we know oil is ripping Sky High and doesn't really seem to be slowing down, especially as OPEC and their allies just are continuing to cut. Supply But most importantly, at 2 Pm Eastern set an alert Market Calendars do whatever you need to do, but we get the results of the Fomc decision. and that's basically when they decide to do what they want with the Federal fund rate.

So are they going to increase it above 5.25 percent? Are they going to decrease it below it? or are they going to keep it steady? Just so you know, for the purpose of this, there's a 99 chance as I'm filming this that they keep it steady at 5.25 If they increase or cut, it would very much be the definition of a surprise. But as of now, based on what's going on in the Bond and really the yields, Market there's a 99 chance that we are just staying flat. Now, what's really going to get the market moving is at 2 30 when the chairman of the FED Jerome Powell himself will do a press conference. and depending on if he comes off as hawkish or dovish, that's really what's going to send the market to either the downside or the upside.

So yes, I will be doing a specialty stream of it. Make sure you're paying attention because things have a good chance of going haywire tomorrow. Speaking of which, I did a little bit of a dated Deep dive here to hopefully give you a better insight to how these days commonly play out, especially if you're a degenerate zero. DTE Trader So what I did was I came to the Fed's website and I looked at all the dates and got all the SCP information and basically plotted out how this has gone historically.

I Looked at the most recent 10 Fomc meetings and that's all these vertical lines on the chart. So I wanted to see if I could find some sort of consistent pattern that might give us what would be referred to as an edge. and unfortunately there's really not many. So I have all the data written down right here.

So let me just give you some insight. So based on the market close, over the last 10 Fomc meetings I started a look of do we Gap up, do we gap down and basically I just Define that as do we open above the closing price or open below the closing price. So out of the last 10 four have gapped up, six have gap down so 40 versus 60. so literally just one away from 50 50.

I thought to myself oh okay. well what about the day itself? From the day open to the day closed. Is there any Edge there? And that was five and five? Literally perfect 50 50. five green days, Five red days out of the last 10 Fomc decision days.

And then I thought to myself, okay, maybe we need to be a little bit more intelligent. Maybe we need to be a little bit more crafty. Maybe we can find an edge based on the previous day of what happens the next day and I looked at that in terms of the previous day which is technically the starting in the Fomc meeting because it's a two-day meeting starts on Tuesday concludes on Wednesday. So I looked at all the Tuesdays four of those were green and six of those were red, so no correlation there and on the previous day in the current day also no Clear Connection or correlation with either gapping up or gapping down.

So I thought at this point, uh oh, what am I possibly going to share with all of you? Am I just gonna sit here and tell you that oh, nothing really like just a crap shoot? Well, in fact, that in itself is important. You shouldn't be going into this with a strong bias, but there is one anomaly that I wanted to share with you. Now to be frank, depending on how you measure this and this is going to all be up to the Uh. it's in the eyes of the beholder, but this comes with roughly 70 accuracy over the last 10 Flomc decision days.

And it's as simple as this. whatever. that first major move is, whether to the upside or to the downside with about 70 ish and there's a big wiggle room here, it's a capital-ish ish. seems as if it's reverted, as in if we move up and that's the first major move, it seems like we sell off or vice versa If there's a big sell-off at first, it does seem as if there's a big pop by the time we've closed the day, so this is obviously no guarantee.

I'm not sitting here saying it's a hundred percent accuracy, but in terms of these other ones that were closer to 50 50, it does seem as if on your intraday trading basis, there is a little bit of a statistical Edge for that first major move to actually get reverted by the end of the trading day. Now, obviously feel free to post a comment below if that was confusing or doesn't make the most sense. I Will do my best to answer all the comments if you have a specific question on that, but with that in mind, let's move on to the next thing, which happens to be the most ridiculous update I've ever heard regarding the whole Sambaikman freed FTX Fraud allegations case that whole scam situation FTX Zoo Sammy Make Memories Parents aims to claw back some of the 26 million in gifts and property. Now this is particularly interesting because don't forget that his parents are kind of well-known law professors.

I Believe at Stanford Feel free to fact check me on that and then on top of it. they're both very politically active, most of the time supporting the left side of the aisle, the blue side of the aisle. Bankrupt Crypto Exchange FTX is looking to claw back luxury property and millions of dollars in fraudulently transferred and misappropriated funds from the parents of Sam Bakeman Freed lawyers representing the bankruptcy estate of the failed exchange alleged that Alan Joseph Bankman please remember that because what I'm about to tell you is insane and Barbara Fried exploited their access and influence within the FTX Enterprise to enrich themselves directly and indirectly by millions of dollars. The lawsuit goes on to claim that Banking and Fried discussed with their son the transfer of 10 million cash gift and a 16.4 million dollar luxury property in the Bahamas.

Now I wish I could sit here and tell you that was the end of it, but no, this is just the warm-up course. I'm actually Giddy and excited to share this with all of you. This is a dangerous attempt to intimidate Joe and Barbara and undermine the jury process just days before their child's trial begins. These claims are completely false, so they're setting this all up as uh, we didn't do anything wrong.

but of course that's what they're gonna say despite knowing or blatantly ignoring that FTX was insolvent or on the brink of insolvency Beekman and Fried discuss with Bankman Freed that the transfer to them of 10 million dollar cash gift and a 16.4 million dollar luxury property in the Bahamas. The pair also pushed for tens of millions of dollars in political and charitable contributions. Once again, they were running their pack that typically supported the left side of the aisle, but this is by far my favorite part on January 12, 2022, despite Bankman's employment agreement with FTX in this case, we're talking about the father. Just so you know, for the point of this, when they're talk talking about SPF Bape and free.

That's what they're going to use. Just when they say Bankman, it's the dab. So on January 12, 2022, despite Bankman the father's employment agreement with Ftxus detailing a 200 000 annual salary, Bakeman complained to FTX U.S head of administration that he was receiving gross pay of only 16.7 thousand dollars per month from FTX Us when he was supposed to be getting a million dollars a year starting in December So that would be a bit more than 80 000 a month gross. Bankman the father promptly brought his discontent to his son Benkman, Free's attention, emailing his son gee Sam I Don't know what to say here.

This is the first I have heard of the 200k a year salary putting Barber on this, literally calling his mom in saying hey, uh, I should be getting 5x more I should be going from getting 200 000 a year to a million a year and arguably what they were doing with the company. Remember, they had other full-time jobs. it's not like they were look working for FTX full-time Love how it's just like I guess a family discussion of just increasing your pay arbitrarily by 5x from 200 000 all the way up to a million. Truly ridiculous.

In other words, Bateman lobbied his son to massively increase his own salary. Truly one of the most ridiculous updates related to the whole FTX Sam Bakeman Freed scam allegation most likely clearly obviously did it. but hey, who knows I'm not a lawyer I Guess we'll have to let the courts decide. With that being said, let's do a quick little wrap up here of what happened in the overall market.

So Spy Sold Off made a decent recovery. The Cues sold Off made a decent recovery Instacart made its IPO debut today When it opened up, it was valued at roughly just north of 14 billion on the IPO. They ended up raising 666 million and then Tesla Similar to the overall Market Sold Off made a recovery The Spine down by 0.21 the queue is down by 0.21 I Do want to point out the closing levels obviously spy here I just want to point out how it's below 444 and I want to point out how the cues are just a smidge below 370 And that's important because those are the exact levels that I was calling out today early this morning around 10, 10, 15 in the morning when I was looking at a zero DTE trade signal. Now, obviously, if you like these, take them.

If you don't like them, do the opposite if you want or if you just want to look at them and see if they're accurate. Hey, do whatever you want, but right here. A Q Call Credit spread obviously selling the 370 so max profit needs to be below 370. we close that just very close so that ended up working out nicely and then obviously the Spy clearly below 444.

So thus far in the week we hit one yesterday and right now two more today. which means we are three for three on the week. hey looking good so far. I Don't think any of them are going to be posted tomorrow just because the expectation is that there's going to be a lot of volatility.

But hopefully with Thursday and Friday we end up going perfect batting a thousand on the week. And the final thing is, don't forget there's a free newsletter. so on top of that I give you a breakdown of everything that happened in the week. What? I'm looking forward to the next week.

all the major macroeconomic events, all the earnings that I think you're going to care about the seasonality individually for every single day of the week, and then from there I give you a recap of how the option strategy worked and also charts of Interest such as the Spy almost breaking down the cues, almost breaking down, and really right here. this is exactly the chart ahead of up or about to break down. Nice recovery, saving itself from the breakdown and almost making a full recovery in the queue. So definitely watching this.

in terms of the Fomc meeting, the spy and the queues are getting very close to the South Side danger area Massive, massive. Watch for me tomorrow and obviously for the remainder of the week now. Obviously, if you enjoy these type of daily updates, don't forget to subscribe, don't forget to smash the like button. And obviously if you have any question, comments concerns, let me know in a comment below.

I Will do my best to respond to all of them I Appreciate you spending even a second of your day with me I Hope you have an awesome one! Catch you tomorrow streaming bright and early tomorrow 9 A.M Hope to catch you there. Peace out.