Oh oh, come on hello, hello, hello and welcome to the pre pre-market session today, tuesday. What is it march? 8Th man, oh man, oh man, what a a crazy crazy thing going on right now. We have a lot to talk about and obviously relates to, ukraine and russia, but really we got ta be focusing in on oil. As i'm saying this live as i'm coming at you live through the interwebs.

It is trading at a hundred and twenty five dollars a barrel. I think it's gon na go higher. I truly truly truly do and i'm attempting to make a trade on it. So right now, i'm in this scenario, where a lot of my capital is tied up between the plays that i already like.

So i was yelling at my bank this morning trying to wire some money in and i don't know i want to play a leap deep out of the money call based around oil. This will be an extremely high risk, high reward type of play, but in a certain sense i can almost view it as a hedge against all the other craziness. That's going on right now, um. If i ever end up making that trade.

Obviously i'll let you know the full full details of it but, like i said i don't think oil stops here. I really really don't just a couple stats here and we're gon na get into a big discussion about oil, but really we have to talk about. What's going on in the macroeconomic backdrop right now - and i i just don't - i don't think this is gon na stop right here, especially in the energy sector. I think this goes higher and higher and higher uh, so we're gon na be talking in full detail about that we'll be talking about the overall market.

We have some equities to talk about, but i really really want to dive into some really the craziness of the overall market right now, uh before i get into that, i want to address the title of the stream turn around tuesday. Now remember. This is not a particular data set. That is like always timed when there's tensions of world war three, but there is.

This - is just historically on the s p. 500. On a monday, if you drop in excess of one percent, the chance of tuesday being green is extraordinarily high. Hence turn around tuesday and its particular reference to the s p 500..

Does it happen 100 of the time? No, but i'm also noticing that over the past couple weeks, whenever i see all of twitter all of reddit all of youtube feeling one way very bullish or very like bearish, i kind of see it going the opposite. So it seems like last night, and this morning everyone is kind of calling for armageddon and then knowing the odds of turnaround tuesday on the fact that it just seems like the market gods above love to just continually rip the rug on the bulls rip. The rug on the bears i i would in no way be surprised if the markets actually closed green. Today, i want to be clear about that uh.

Is it 100 chance? No? No! No. Obviously, this is just the odds of the situation. The deck is stacked in the favor of a green day, but the little bit of a wrench of a situation in this particular day was, i believe, biden will be speaking at 10 45.. So, if he's talking at 10 45 and if he's like, hey folks, you know what we are gon na - do an embargo on oil oil could rip higher.

It could kind of send reverberations through the market of the situation within ukraine and our like. Really our relationship with russia that could be signs that it's deteriorating and it could have a negative impact on the market. So it's going to be a crazy, interesting, dynamic, high volatility, high octane, hey, that's, actually, a good pun! For the day, it's going to be a high octane type of a day and with that type of a setup, please please be careful. Please please stick to your training plan and speaking of trading plans, if you're looking for other ways to take advantage of this.

If you're, seeing that your account's in the red and you're like man, i need to be become a better trader, become a better investor check out what is pinned to the top of chat. I am talking about ttg. They are today's stream sponsor shout out to ttg i'll talk about them more in a bit but check it out. It's a three dollar week trial all right so right here.

Here's kind of what happened in the overnight session um. We saw we closed roughly around 4200 and we popped up a little bit and then, in the overnight session we actually saw a dip and then we saw a pretty strong recovery as we were getting into the asian session. We pushed a little bit more right now. Early this morning, what was it probably around 8 a.m? We took a bit of a dip, but we're trying to bounce back from that, and what i'm looking for right out of the gate is to see if we can push above 4220 and obviously hold four thousand two hundred the dow.

The s p are in the green, the nasdaq and the red. In fact, the nasdaq the queues are officially in bear territory bearish territory. They have dropped over 20 percent from their all-time high. The dow is not at 20., it's more in a correction territory and the s p is actually in a similar scenario, but close close to that bear territory.

Right now. Oil is sky, high they've gone up 50 more cents, since i've been talking, yields are also going up before we get into the specifics really of oil right. Here i want to remind you where we are seasonally with the market we are in march. We are at the start of march, we are in chop city, chop zone, chop, chop chop, no clear trends.

We don't have the nice push of february up then down or april, which is just up up up or may a little bit down march is just chop. Uh right now, if you wanted to get really specific, we're kind of in a little bit of a bear zone, but overall, i would say, there's no clear trend of march. Besides the fact that it it just chops up it chops down so from a seasonal perspective, we're not going to get much assistance in really the, but in the s p, 500. But now that i'm curious, let's see what oil actually looks like now that we're talking about it uh, where is oil oil oil oil hang on? We need to find cl.

Let's i want to crude crude crude uh. Why is it just not giving me cl cl? Is the futures contract? Where is it all right? Maybe i'll have to find that in a bit? I just wanted to know the seasonality of oil huh. It should be. Like i mean i would feel like.

This is a major major thing right now, energy. We could just look at energy energy sector seasonality, apparently not going to load all right. Well, we'll definitely come back to that later. What you need to know about oil right now in real time and to be fair about it, the developments could easily easily override anything.

We're seeing in terms of seasonality, because this is a huge global political development oil rallies for third day, while european natural gas prices, trade just below record highs after russian threatens russia threatens to turn off the taps. On top of the fact that oil is ripping so is gold. Gold is over 2 000. An ounce nickel ran like 70 yesterday, we're seeing wheat since the start of this whole ordeal up 60 70.

We're seeing a lot of commodities going up, copper, silver, palladium commodities are ripping sky high over the past week or two. That's been the big money making play clearly commodities and it's right now being led well, it depends on how you played it, but overall there's a lot of money on these commodities. Just because of what is going on russia warns. Oil prices could hit 300 a barrel.

If the us and europe reject russian oil says the moves could have catastrophic consequences. So just so you know if just the u.s were to ban it in terms of our petroleum-based imports in the eight percent comes from russia, that's a noteworthy number, but it's not a crazy number. The real, like shoe drop moment mic drop moment is if europe decides to do an embargo on importing russian petroleum products. That is where the numbers get considerable.

I mean you're, looking at in excess of 20 of crude oil of natural gas going to europe uh, something like germany, 50 of their natural gas is coming from russia and even before this insanity. If you were to go to the start of this year, you had the british government telling their people expect your april energy prices by april to be sky high. That was before this scenario started. If you're, looking at the numbers - yes u.s does uh russia accounts for eight percent.

That's something that you can't just forget, but the big whopper of the situation is if in the next day or two, if we hear that europe is banning or really placing an embargo on russian energy imports, canada has already taken this step. There's a lot of assumptions that the us might be announcing it as early as today. The president, joe biden, i believe, is speaking at 10 45 and obviously we will be talking about it. This is just a crazy, crazy situation and that's exactly why i'm thinking i could take a high-risk, high reward payoff of going long on oil but, like i said, i'm waiting um the banks to finish the wire transfers, because i am a little bit too tied up With all the credit spreads, the future plays, obviously i'm not getting rid of my aims here.

Jimmy capital is strapped and let's see if we can make something work from it. Russian deputy prime minister novak threatened to cut off gas supply to europe via nordstrom one. The move came after secretary of state blinken said the u.s was discussing a ban on russian oil with europe. Novak said a ban on russian oil could drive the price to of the commodity to 300 a barrel.

Just so you know, russia is a part of like opec and their allies and opec and their allies they're they're kind of like staying out of this situation. They're, saying hey we're not really gon na like provide more supply. This is getting to be a very, very intense situation in terms of energy and it's getting to the point where just obviously the tension in terms of the people literally fighting and lives being lost and people trying to protect themselves and families. That's obviously exponentially more tense and crazy of a situation.

Understand that you are in a fortunate situation. If your biggest concern of the day is, can i make money off of this trade if, what's going on with oil, there's other people who wish right now in real time? That was their biggest concern of the day so understand you got to stay a little bit? Grounded in this type of a situation, top democrats republicans say they have a deal to ban russian energy imports as u.s stock markets sell off sharply so they've been talking about it, they have a deal and they have not like really pulled the trigger on this. Quite yet, but it's something that a lot of people are paying attention to what is or isn't going to be stated today, uh by the president, and can someone in fact check me on that? I believe it is 10 45 that the pes president, despite like speaking, but if someone could fact check me and chat uh just so. We all know because i feel it's incredibly important.

Opec chief says: there's no capacity in the world that could replace russia's 7 million barrels a day in oil supply opec secretary general general said there isn't enough oil capacity to compensate for the loss of russian supply. The oil producer group has no control over the events that are driving prices. Of course, like yeah come on, the us is reportedly prepared to go at it alone. With a ban on russian oil imports over the ukraine war.

I would not. I would be surprised if the u.s and europe do a different thing. I think they're going to show a united front. I believe they're either both going to place an embargo or neither of them will and right now, based on how things are going.

It sounds like they're, both going to uh shell announced his plan to exit russian oil and gas industry and apologizes for recent purchase of russian crude oil. So shell doing some things, bp doing some things. So, even if we're not at a political level, it seems like a ladder, a lot of major u.s corporations uh, even without sanctions, they're like we're done with it. Shell said it's pulling back on russian oil and gas and closing service nations in russia, ceo uh ben apologized, for buying russian crude oil last week saying it has gone in the wrong direction.

It's the latest company to cut business ties with russia because of the invasion of ukraine. So even if we don't hit them with an embargo, i think there's a shot that so many of just the major corporate players - exxon, shell, bp chevron. The list goes on and on and on they might be like hey we're not going to deal with them. We don't even care about the embargo.

So definitely another thing to consider so now we're talking about this. If you are of the mindset that gas and petroleum and natural gas and all that stuff is going to get more and more expensive right now, the average cost of gasoline per gallon in california is five dollars and 36 cents, and it's showing no signs of slowing Down so if you're like okay, if i think crude oil and all the products from this are going to go higher, i wanted to share this with you and first of all, there are many ways to play it. You can look at cll on the futures market. You can look at the united states oil field fund, that's uso! You can look at some companies, such as devon energy.

You can look at exxon chevron, philip 66. Here's a list of some other ones: uh enterprise products, epd philip 66, psx uh mplx right here. Obviously, that's the ticker symbol, energy transfer et you can look at hess hes. You can look at diamondback, f-a-n-g, pacific gas and electric pcg matador resources, mtdr um right here we have another one: ci viv, c-i-v-i, d-e-n california, resource group, crc, blackstone, minerals, bsm.

Overall, there are many many companies that have exposure to this world. If you want to know the fullest just come to this thing from insider, but what i want to talk about is yes, there are companies you can play, but i'm a little bit myself biased towards like trying to play oil straight up. So something like uso or there's, also some leveraged etfs such as uco that you could find through a quick search. Some of these do have liquidity problems, as in they're not traded that much and the options market isn't that built out.

So that's something you're definitely going to want to pay attention to, but overall you don't have to have a futures account to get direct exposure to these commodities and it doesn't even have to be generically oil. If you want to play gold, you can play gld on the equities market, there's ones for nickel, there's ones for wheat, there's ones for all of this stuff. So just you know just give it a quick search. If you don't have a futures account or options account, or something like that, you can find direct exposure through etfs, etns and really companies that deal in that world, such as miners for some of them.

There's a lot a lot of ways to play. This u.s expected to announce ban on russian oil as soon as today nbc news reports. The u.s is expected to announce as early as today that it will ban imports on russian oil. The white house updated president joe biden's schedule for the day to include an announcement for additional steps.

The u.s will take to hold russia accountable in its unprovoked and unjustified war on ukraine. Biden will deliver those remarks at 10 45 a.m et. Obviously, i will be here and we're going to be streaming it. This is kind of a wild story that i just wanted to quickly share with you just to show some cool things that are happening or what i should say is cool actions by certain people in such a crazy time.

Ukrainian museum workers pack ancient manuscripts into banana boxes amid a rush to protect the country's treasures from russian attacks ukrainian in leave museums have been packing up, displays out of fears that ancient artifacts could be destroyed. Volunteers are packing the items away in banana boxes, for storage. Leave has so far not faced the missile attacks hitting cities across the west of ukraine. Obviously the reason we're seeing this is because of a pretty negative development, but when i saw it, it has a little bit of a nicholas cage national treasure type of a vibe of people trying to protect some of these historically relevant and important things from potential damage.

I just thought it was kind of crazy that they're packing it right here in banana boxes for storage, so just wanted to quickly share that with you just a little bit of a story that caught my eye - and you never know - maybe nicholas cage - is helping them Out another pretty crazy story right here, the children of some of russia's wealthiest oligarchs are rebelling against putin on instagram and calling for peace. This at first might seem like nothing um in terms of like whatever okay, an influencer is saying that there shouldn't be an attack on a sovereign, independent country. Wow, that's crazy, um, and i get that. I understand if that's your knee-jerk reaction, but understand what it means that, when a child of an oligarch and oligarchs are all under putin's thumb, this is the kind of thing that, when an oligarch steps out of line they disappear and now all of a sudden, you Have children of these oligarchs speaking out against putin, i get it.

You might just be like okay, whatever they're on like instagram they're influencers they're, just rich kids like boohoo, you have to understand that this is actually a pretty brave action. This is actually an incredibly brave action because they are in a world where they can easily easily disappear for this type of descent, so they definitely have earned uh. Definitely a fair share of my respect. Some children of rich russians are protesting.

The invasion of ukraine on social media. They include all these people. Russian celebrities, including the supermodel, have also urged peace online, so you're, seeing that they're, using like 9.3 million followers, 15.6 thousand 577 thousand uh like you're, just seeing it right here - 17.7 million uh 3.3 million. These are all children of oligarchs who have there are at the beck and call and do exactly what putin tells them to do to have your children stepping up and speaking out this type of dissent.

That is a crazy crazy show of, i guess, stance, courage, bravery! In my humble opinion, billionaire investor bill ackman says: russia's attack on ukraine means world war. Three has likely already started, you know uh. I have mixed feelings on this guy and i really hope that this statement likely already started. I hope this is one of those things that he's proven horrifically wrong on bill.

Ackman said world war three may have started and the u.s had been slow to realize that the billionaires said the us needed to impose harsher sanctions and stop buying russian oil. He compared the use of russian rockets against ukrainian citizens to aid off hitler's gas chambers um. I don't know if he truly believes this. I don't know if he already has a long position on oil.

I don't know if it's a combination of the two, but i hope very, very much that this is just wrong. I hope. Obviously this is this is one thing and it's easy for me to sit here and like okay, we're talking. Maybe we can make some money on oil.

I get that, but it doesn't matter if you make all the amount of money in the world. If we end up going into world war, three and millions and millions of lies are lost, it's just that trade-off is not worth it in the slightest. So i hope this is one of those statements that he just ends up. I hope i bet he even ends up like wishing.

He was wrong on it: um crazy, crazy, crazy things. Five things to know before the stock market opens today, tuesday march 8th futures fall after s p's worst day in nearly 17 months yeah. I have some other facts on that, one for you, uh s, p worst single drop since october 2020, the thousand correction nasdaq's officially in the bear territory and like this, is just wild wild wild wild. It wouldn't be surprised this week next week, if uh, the the russell the spy, the dow are all officially in bear territory.

Wti crude oil jumps against the u.s mayban russian energy right here. Shell apologizes for buying shipment of russian oil z urges russian restraint. Ukrainian refugees hit 2 million apple holds its spring launch event, tuesday. I have a feeling that, even if something awesome is announced, there's a very good chance that it's muted today, um the only way i see it not being muted is really if we get a turnaround.

Tuesday and the spy's popping anyway. Well, then, you might see an extra positive bump in the world of apple, but i think by the time it comes to 10 45. Everyone will be watching the president and trying to figure out what's going on in ukraine, with putin with the energy sector uh. So i just wanted to shout this out.

Yes, something apple is doing something and it might have awesome stuff, but there is a scenario in which people just don't pay attention to it. Today, now, a little bit more specific of an update of what's going on on the ground in ukraine live updates. Ukraine says russia is shelling safe zone. It pledged not to attack.

This seems to be ongoing. Uh the latest ukraine and russian agreed on tuesday to open evacuation corridors for civilians to flee safely hours later. Ukraine said russia was shelling one such corridor by maripo violating its pledge to ceasefire. The u.n said: two million people have fled ukraine since russia's invasion.

That's the latest update and, obviously when that bell goes ding any ding, ding ding. I will we'll be checking the news. Every time there's a new piece of news trying to just keep you as up-to-date, as i can in terms of the overall market. This s, p 500, has a short interest just below 16, the nasdaq similar situation and then the small cap sector 43 of a short interest.

I know there's a lot of interest in muln. I wanted to bring this up because the short interest spike this morning is at 30 in terms of gamestop 17.5 and in terms of amc just below 21.. As you can see right here. Yes, we did sell off in the overnight session in the futures market, we're getting a little bit of a bounce.

So i'm watching uh, basically 4220, and if you want to look at that in the spy, that's going to be roughly around 4 000 or 420 150 422. Something like that. I want to see the market react to it. If we can pop, i think we might be having that green day if it gets smacked and we come back below 420 well, i would continue with my short-term bearish thesis kind of a similar situation in the queues right here.

You can see it and i just want to show you that we are in a bear territory right here. Officially, yesterday we closed down 20.5 in pre-market trading. We have a gap down and remember with gap downs there's that chance of the gap fill to the upside another thing to pay attention to anyway, down 21.6. Let's just quickly check in on the spy to understand where we're at right now, uh 12.

So not in the bare territory, we are in a correction territory on the s p, 500 and then in terms of the small cap sector. Yes, uh 20.77, so clearly in bear territory, but not actually, if you count pre-market we're just under that 20 number just so. Everyone is well aware now we are talking so much about oil. This is what oil is looking like ever since december.

Let's just take the start of the year. Uh do we have a year today, year to date, oil is up. 65.6 trading at 124 recently attacked 130. When the futures market opened on sunday evening.

I think we keep going um. I got various dms that were yelling at me, early on when they're like dude. How are you calling out for a hundred no less 120? Well we're at 125 - and this is a very just classic problem of supply and demand. This doesn't take some big brainiac thought of you know.

Obviously, demand's going up and supply is going down when supply goes down and demand goes up, price has to go up and it seems like the demand increase and the supply decrease. Those are still getting more extreme in real time. We're not really seeing an alleviation in the short term whatsoever. We could take a quick look at gold.

Here's a look at gold cruising over 2 000 announced now at 2020. Gold also like there's a ton of money going into this risk off safe haven when tensions are high in the world. You see money pouring into gold, you see money pouring into bonds and that's what we're seeing right now i mean right ever since what january 28th? Basically, over the past month, oil has been up 13 and year to date. Oil is up 10 point or not oil.

Excuse me: gold gold is gc uh. Sorry i was misspeaking there, but yes, gold also going up in right now, uh, because of that a lot of people have been interested in cei. Um cei is not a play that i was fond of not a play that i wanted to get into, but i saw how much fun all of you folks were having yesterday. So i bought a very small position in cei calls a two dollar strike for the march monthly expiration.

I paid 20 cents per contract and i took a very very small bet. I just want to be explicitly clear, but right now that is paying off nicely. So i'd like to thank all of you for pressuring me and mark, like internet bullying me into getting cei um m-u-l-n right now having a nice morning, it's up 16 cei's up 31 bby! I'm watching that one just because of the news of ryan cohen. Now, owning 9.8 of the company doing his activist investing type of a thing trying to say: hey: they need to fix the board's compensation.

They need to look at a private acquisition. They need to spin off the like the bye-bye baby brand or whatever. That is so. I'm curious to see how this one's going to react today.

The other big one yesterday was impp another one related to cei kind of like t-u-s-t-u-s-k another one going crazy because of oil indo, you have all these energy plates. The money has been in these energy plays over the past week or two uh oxy, i mean there's so many like the list can go on and on and on you could look at uso. You could look at uco uh. All these things, energy, energy energy has been in the play.

Commodities has been the play, that's what we've been seeing over the past week or two um? What else do we have uh? How much time do we have left? Okay? So, just under four minutes, you know what let me switch this over. This is a great time if you have any comments. Questions concerns before that market goes ding any ding, ding ding today, uh post them right now we have a couple minutes. I want to turn it over to you.

I get it. Tensions are high uh. Let's see how this all ends up actually playing out camh in here for five months, shout out kim what are your thoughts on wti for a short to middle term trade bullish cei is up 25, i'm very, very happy about that. I got in around like a dollar fifteen ish, a dollar eighteen ish, and i got those calls i the premium was twenty cents um.

I think this is going to continue to print nickel wheat, h, usa, like all of these, are you focusing on a certain plate? Today, i'm going to be watching the overall market, i'm watching really for to see if we're going to get the around tuesday, so maybe a little short-term bullish action in the s p. 500. I'm going to be paying attention to what president joe biden says, because i want to know what is going to be going on with energy he's talking at 10 45. So i wouldn't be surprised if oil keeps ripping rip and ripping mulan has a lot of interest.

Cei, basically, that's my overall thought before that bell goes ding ding ding, but remember like this is going to be a high volatility time. So, if you guys see something, that's going absolutely crazy. Let me know shout it out, i'm more than happy to put it up, especially if there's quite a bit of interest in it thoughts on delta stock. I think this is a very, very bad time to be in airlines.

Yes, i understand that the world is getting back to normal and we're getting over covered, but one of the biggest expenses for airlines is oil and now oil is going up. I am not a fan of airlines at this moment, um! No! No! No! I just i think, there's other options for sure that are going to be higher reward and lower risk. Uh airlines, it just doesn't seem to be a good industry right now with oil ripping what tickers are best for oil, not futures uh, i mean you could look at like uso. That's straight up oil.

You could look at companies like devin energy, chevron, exxon. You could look at some of these etfs like uco, that type of thing all right, we're about to get rockin one minute out what else we have uh shout out 404 parts travis stonk breath what's going on good morning good morning good morning, oh before that, bell Goes ding ding, ding, ding ding. I have one ask of all of you beautiful apes, if you could help me out with the algorithm in the background, if you could hit that like button and if you haven't already don't forget to join up with the moon gang by hitting the subscribe button, i Will never ever ever ever ask you for a single cent, but i will ask you for help just on the social media aspect of things. So if you guys could all destroy that like hit that subscribe button uh, it is completely free and it helps me out more than i could possibly explain.

Latte gang i'm already i've been so amped up. I'm i've already ripped through my espresso this morning, like for ice fishing shanties, you guys are gon na, be making me crack up today. All right, we are about five seconds out. Let's do this thing.

Let's do this thing: ding ding, ding ding, the casino is open. Apple vent believe starts in about 30 minutes at 10 a.m, and then president biden speaks at 10, 45 overall crazy amount of updates to always be covering with this stuff. We have some of the live updates here, uh, let's very quickly, check in on crypto kind of a little bit off right now, just so you know bitcoin just under 39 000, but let's see what's going on, remember the chance of a turnaround tuesday. I need to call that out and also just you know, i want to give you an update on that cei position already up 102, so that was a play that i posted in locals.

Uh. That's where i post my plays uh, especially like the option plays the credit spreads. Like calls puts that type of thing. That's all it's in the description but check out macquaries.com, that's where it's all posted it was given out yesterday.

That's already up a hundred percent. So, no matter what amount of money you bet you've already doubled it up. It was a small bet for me. So obviously i wish i bet more, but hey coulda, woulda shoulda coulda woulda shoulda.

Oh, it's, 10am pdt! Okay, sorry! I thought it was e.t. My apology. So what is that uh? 11. 12.

1. So 1 pm e.t, let's see! What's going all right, so here's oil i'll put up oil just oops on the 15 minutes, so we can see how that's trending out of the gate, we're seeing a little bit of red as oil is just doing its thing. Look at oil 125 just ripping 125.. Let's get this up all right, muln getting smacked at that 125 ish level cei over here.

What else do we have going on uh where's dwack dwack at 84.? So i have a call on dwack: that's going to expire worthless, but fortunately the cei one uh will make the combo of those two actually net profitable, tesla sub 800 trading at 790. Down two percent. You would expect eevee to be doing a little bit better uh with oil just doing its thing, a little bit better. Iwm 195.

You have the qs all right the spy. It is at a key level, like i actually care about this 420 level, and just so you know the spy yesterday. What was its low? We already breached the low of yesterday for 19.36, we're pretty much at it. I'm just curious if there's going to be some sort of a pop, not getting too crazy with any like super active trades through uh the options market on the spy.

Quite yet, i think it could be a very much whipsaw high volatility day. Cei doesn't have that high of a short interest - it's around 10 percent - it's something that can like. I don't know you got to pay attention to, but cei isn't really a short squeeze in my book. Uh can some shorts get squeezed out yeah, but people are fomoing into it because they see so many people talking about it.

They know it's related to energy. Oil is going sky. High cei is not really a short squeeze play. Uh.

Someone said impp halted. Oh, a downside, halt, remember upside and downside. You just have to move a certain percentage within x amount of time, and that causes a whole. It doesn't matter if it's a green movement or a red movement.

It's just a certain percentage. Uh input on bear gold gold's going high or not like pretty much. All commodities are going up right now, so we're seeing gold chilling or excuse me, oil, black gold, chilling at 125.. I have it up over here if you need just like a quick reference point.

Uh, let's bring up the cues for a second the q's getting hit right now, but i'm i'm not piling into this. It seems a little bit chasey to the downside at this moment we're only four minutes into the day. I just don't want to get whips on. Maybe it sells off all day, that's a possibility.

I don't know, but for me it's just i i don't want to chase it, especially when you look at the big picture of already what's been going on, especially if you throw up like something like the 15. It's just a little bit chasey right now, um, you might get lucky for sure, but i i would want to see the first relief bounce and how strong is it? Someone said m-u-l-n is flying there we go. I have just to be very, very clear with all of you. I have no muln position um, but hey.

I know a lot of you do and i hope you're crushing it. This is a very interesting one. If you want to know what the scenario is. There's a lot of sus stuff going on with muln.

There was one day where there was more short exempt trays than there is float um. If you want to know more or if you're new to muln and you're curious about the situation, you got to pay attention to a video that was posted on friday on the channel called market manipulation, chad, collins, please stop spamming or you're going to get kicked uh. What else do we have eth? I think i saw my uv xy calls early. I don't know remember it could be a turnaround tuesday.

I got ta call that out just the odds are impressive. What else do we have all right? There's a bit of a bounce bit of a bounce, uh ta on mullen more more than happy to hang on mu. Why don't i have it up m-u-l-n! So, just in terms of the daily, the clear resistance is 177 to two dollars. So it's this 25 cent range so watch 175 and then two bucks, basically on mu ellen, but we did put in a higher low and uh.

Just look for that. Breakout of 175, followed by two dollars: look at that pop in the spy. Look at that pop in the queues. Look at that pop in cei.

How are you looking on cei cei, currently up 142 on that play oil trading at 125.60 up five percent today alone? Oh brother, oh brother, cei, is ripping so is mullen. Look at this insane volatility in the market, crazy, crazy volatility. This is why you want to be careful with uh an excessive use of leverage. You could get whipsawed whip sod.

I mean i'm assuming the small cap sector did a similar thing. It did look at oil cei still going when biden talked 10 45. So in about an hour just over an hour, and we will be showing that here, uh hey great, show last night so happy - you have the rumble back up me too. So, if you guys missed, i we did a specialty stream last night with dave lauer.

The ceo of urban finance - he was on the john stewart show with me, and then we were also able to get the coo of public, which is the first commission, less brokerage, that's not using payment for order flow, and we talked about the gary gensler interview. The generic impacts of payment for order flow - i played like a game with them if they knew who could like tell me who said what quote that type of a deal? If you haven't seen that video uh, unfortunately, youtube took it down. So it's now split into two parts: there's one part that was just like the gary gensler thing and then there's the second part when i'm talking with those two guys and i'm just kind of interviewing them and asking some questions that a lot of you had been Dming me so if you um need something to watch, if you want to learn more about payment for word order flow, if you want to learn more about how we can actually get the sec to look into payment for order flow, you got to watch those videos. They're still on the channel right now i just they we got taken down in real time, because apparently they don't like when you're talking about mr gensler, someone said: why is amc going down it's because the market is going down, the market has been breaking very, very Important key levels: you have to look at amc, not in a it, doesn't live in a vacuum.

You have to pay attention to the spy, the cues and we're really the spy and the russell um, and just the insanity in the world right now ce i go. I'm almost in the money i picked this up, like basically a hundred percent out of the money. I picked it up just over a dollar and i bought the strike price of two dollars. My cei position is now up 192 percent oil ripping you can email public and request that they don't lend your shares even better than that.

There's actually like a chat bot like uh, like just a robot that there's like a follow-through flow, where you can just turn it off. That's what i did you don't even have to email them, it's even easier, but that's also a very valid option. Oh man, what's the spy gon na do here all right, hang on i'm gon na post, a new trade on locals all right, all right so for everyone on locals. I just posted my new trade and, if you're not on locals, it's in it's macquaries locals.com.

It's in the description i'll just post it or can one of the mods post it or something uh. I just made a new trade on the spy when is biden speaking 10 45.. Also for you on rumble, it's super easy, there's a red button right above you. That's join um if to see the locals page.

How does 10 of amc institutional ownership dictate the downtrend that the stock, when 90 is held by retail 10 90. um, because ownership doesn't really have anything to do with the current price? The current price is based by the current traders, whether retailer institution, so it's who's, buying who's selling. What's the buying aggression, what's the selling aggression um, not it doesn't remember, holding, does not change the price. It's the current buyers and the current sellers uh.

If holding does not push a price up, it does not push the price down when you do initially buy that pushes that has a positive impact on price movement. When you do sell, it has a negative impact on price movement, but that's when the price is impacted by current buyers. Current sellers current holders do not impact the price of anything because you're, not the one actively engaging in the open market. Someone said he's not going to be on time: it's not 10, 45 specific uh pacific time.

It's 10 45 e t e t east coast time. So in about an hour uh the primordial light for a high level. Explanation, that's accurate. If 90 holds then 10 sells drop price yeah, so people holding are not impacting price, but if that 90 is continuing to buy, you would expect a huge uptick in price like if, if all 90 were buying all day every day, it would just keep ripping ripping Ripping all right uh, how is you you, you uranium, that's another commodity play.

I would assume it's ripping like a madman. Uranium is going down. Oh wait! No! Okay! It's been up six to eight. Fifty, that's a pretty nice percentage pop energy fuel.

I thought uranium. I think this is a uranium play all right, we're seeing a pop in the spy, so here's how i'm thinking about it um when it broke down right here i was like oh okay, i'm watching 4 14., but remember with turn around tuesday. This is going to be more of like a quick, active thing. I just i don't really see the public reacting too well to the speech today, but we'll find out more about that in an hour but hey we saw a bullish, push a bearish push a bullish.

Push this is whip saw this is the definition of whipsaw. This is the time that, like yeah, you can't take over leveraged bets because, like one little three minute push right here could blow you out of your position. Uh oil oop. Excuse me still the wrong one.

Uh oil is pushing 126 right now, uh cei coming down. It almost hit two dollars it hit 197. It looks like 198. uh mulan cosine at 135, rivian green, lucid green tesla, almost green, it did recapture 800 looks like it wants to test that 802 805 level.

The spy, the qs and the russell are all green amc currently trading at 14.65, down 3.7 gme uh trading at 99. Down 0.3. Prague is down 4.9 trading at 107.. Dwac is getting crushed that play as a full premium burn, uh down nine point.

Four percent trading at 75.74 bbig is at 213. cfei, 11 apple trading at 160. A couple hours we'll be having that apple event: microsoft, 279 spy, showing a little bit of strength right now. Oil still going oil is now above 126.

think you should stop giving people false hope about amc to boost your own success. I don't give false hope. I explain a situation actually. In fact, i get like people get mad at me that i'm not hyping it and i'm not cheerleading.

I'm explaining factual things, the box office, the short interest, how market structure works, i nothing i say, should be a buy or sell or a hold um. It's interesting that you say that, because i actually get yelled at for not being a cheerleader they're like why can't you just hype more, you got to be more like positive, more optimistic, i'm sharing a fact. It's just. I share facts and because of the facts of this situation, i own my stock.

If you don't want to own yours, okay, if you want to buy more okay, your money's, not my money, my money is not your money. You got to do what's best for you tesla. What a bounce i ask him to hype. All the time doesn't work, quick thoughts on imp and cei um.

I think they're going to be pretty what notification did i get? I think they're going to be pretty related to oil right here and oil's still ripping it remember when i said it's about to cross 126. Well, now it's about to cross 127.. Oil is just going up and up and up justin greg zachary get some spaghettios and stuff hating on that, so the duck shirt in the closet. I have the duck shirt with me right here on good old, chair uh min position, but what's your 192 exit strategy? Uh when i see it turn in oil, i mean i have a lot of time because it doesn't expire to the march monthlies.

So if i think cei is going to be tied to oil, if oil keeps going, i have no reason to really get out of cei um. Maybe i'll sell a portion. How many do i have to like lock in just my my base? Maybe i don't know. I just think oil keeps ripping.

Why did imp and husa halt, probably because they moved so much in too short of a time of volatility? It's referred to as a circuit, breaker hall, hey matt, uh, u.s debate. Imports on oil tells me white house announcement as soon as today, yeah they're, considering it r35 and we're getting a talk in about an hour. President biden is going live, so we're going to get a bunch of clarity, but people are already buying it up in anticipation that it will be banned. Uh cei could easily tap five dollars uh.

I don't really know. I don't really have a price prediction like that design theory, i'm i'm just watching it go higher and higher, as oil goes higher and higher um cei yeah. I haven't done like a breakdown of like okay. Theoretically, where could it go now we're looking at oil going to 128.

oil is just a non-stop machine right now, 127. 40.. Wait so cei follows crude oil. It's not the best correlation, it's not like one-to-one, but it's an oil and gas production company.

So as oil is going up cei and then people are foam mowing into it because they see that other people are in it and like so there's various things at play: um, it's not going to directly track with oil, but in this scenario, in this short period Of time these couple days these couple weeks, i think, as oil explodes so will cei's price. You could also look at all these other oil ones, indo h-usa t-u-s-s-k. You could look at more name brands, like exxon, chevron, phillips you could play like uso. I mean look at uso.

If you don't have the futures market, you could just straight up play uso. It went from 85 to almost 87.. This is the united states oil fund satoshi. Shout out.

I appreciate that shout out john shout out miles ater. I have no thoughts on atr just because, like the ceo himself has said, like we have evidence of it being naked, shorted so um i i guess like i don't have enough infinite amount of money to play. Every manipulation play on this planet, byd giant green candle, byd, what's going on with byd, is this one miles all right? Let's go back to cei. How is cei looks like it's gearing up for the next move.

M-U-L-N, let's go back to this coming down all right. We can watch tesla as we watch oil just rip in higher and higher we're pushing 128, basically all right. What else do we have? I would be surprised if joe bans, russian oil, joe friends with russia, they have been in politics for years. I not fud.

I mean that that's like a. How do you prove that they're friends like i i don't know if i'd go of that, i i think, there's a greater chance that we do going to ban oil than not banning oil uh. Just it seems to be in terms of global powers. That's what people are doing europe's very strongly considering it.

Canada already did it. I think the europe and u.s do it as a united front um. I don't know have like any way to corroborate or deny that putin and embard in our friends like that just sounds like a a strong political bias that you have, and i feel that when you have a political bias in a situation, especially when it's involving some Of your trades, it like can easily lead to losing money. Hang on how many stonk names in here.

Sorry, i read hang on where's yours matt. Do you see the cattles for buying pressure to overwhelm selling pressure seems like we caught them with their pants down the run up to 72., we've gotten smarter about hiding the and then it cut off. What do i see as the catalyst? That's a a good question and it's kind of like a weird one to answer. Tesla pop into 811 oil still strong the spy trying to turn around getting a little bit of a wedge structure right now in terms of catalyst.

If you recall back in late may, early june, there wasn't really a catalyst besides the fact that more and more people were just buying, it wasn't like an announcement from amc, so this time around, it could be something that's also random. It could also be. Maybe people get jacked up if they're like hey, we do have an amc crypto and if you own, this amc, nft you're allowed to see whatever movie you want a day early for nft holders or something like that. So there could be some sort of business development that gets people excited um.

All that type of things like last time it kind of seemingly came out of nowhere. So it's not like. I have a particular date or announcement like marked on my schedule, but i want to clarify two things that i think are important. Does amc have to squeeze? The answer is no i'm in amc.

I very much want it to squeeze, but it does not have to squeeze. Is it accurate to say that the shorts have to cover yes? So how is it that we could have that dichotomy that the shorts have to cover, but the squeeze doesn't have to happen, and it all relates to really the methodology in which we've seen some of the shorts covering um. And if it's long and drawn out - and it's on the backdrop of a negative overall market sentiment, that's a scenario in which the shorts can cover without a squeeze um, i don't know the odds of the situation of how it could break or the combination of it Or like that type of thing, but i want to be clear: do shorts have to cover the answer? Is yes, they're paying a fee? You can't just hold this short indefinitely, it's impossible but shorts, covering if they are not really doing it all at once. You're not going to get a squeeze scenario.

Look at the volume on m-u-l-n 54 mil already well remember! When you have a cheap stock, it's a dollar 30! It's way easier to buy more, so the volume is going to be higher. That's crazy, though, like the average volume is now 220 mil uh oil above 128 looks like it's running to 129.. They could hold indefinitely it's cheaper than covering not really because if you hold theoretically forever, you'll lose all the money. I am sending this because i love paying for false hope.

Also, i have to admit i love the passive aggressive sarcasm. You feed your haters. We love that shout out shout out jennifer. I appreciate that uh looks like we're tagging 129.

Next, my transfer has not hit yet i'm getting so mad about this wheat, probably ripping w-e-a-t. We pushing 1180, probably running up to 12. We spin on it. This one actually stopped trading, because there weren't enough shares available.

That's how many people were just buying and hodling. It uh desk api. Shout out, i don't know what else do we have matt looking to cvx? Isn't cvx chevron? That's an energy play, yeah chevron yeah this one's gon na rip. These are like as you're, seeing everyone's like pointing out they're like hey.

Look at this one look at this when it's running running running the commonality between them are they're, either directly related to oil or they're related to some sort of commodity, uh wheat's. Looking good cvx hang on, let's throw up some of these xom, let's throw up cvx. Just to kind of show you right there, exxon chevron, ripping ripping ripping uh with training view. Do you have to pay extra for the data feed to get live pricing versus weibo, which is free um? I do, but that's also because i'm paying for futures, which i don't even think weeble has like the futures contract so like i, i think it's a dollar a month or something so i can get this in real time, but i don't think you can get futures Data on weeble also um to be very, very clear, i'm in no way supportive of weeble like whatsoever, not even for charting.

I see that there's a lot of people who are like hey, like i don't use weeble but, like i do like it for charting. I honestly am a big fan of trading view, which is like what you see in front of you um, i'm just not going to be in any way supportive of a company that, like now that we've realized what they've been doing to the market um. I i just don't want to support it in any way, so i use trading view for my charting. I use public for my stocks.

I use thinkorswim for my options and i use tradestation for my futures and i use ftx for my crypto. That's like my rundown. How much does it cost to transfer from weeble to public um? I think public will cover it. Can someone please correct me if i'm wrong because sometimes like they run deals and other times they don't, but i also want to let you in on that i tried to transfer from weeble to public two times and it didn't work and i called public i'm like.

What's going on and we they're like we don't know, but weeble was stopping the transfer, so i ended up having to transfer it manually myself. I couldn't do uh the transfer like through the whatever setup situation that they have oil 128. This is just crazy. When i look at dvn the isn't that devin energy - that's just another dvn right here - yeah devon energy, another oil and gas production company - i actually am a fan of devon.

They also have a very solid divin. A lot of oil and gas plays. Have those companies like exxon, chevron, devon? They have very nice dividends, so if this is something that you're in there like hang on, i don't really want to active trading, or maybe you do, but maybe you're like oh okay, i'm also looking for, like a longer term, hold medium term. Like let's say you want to hold it for the year and you think oil is going to keep going higher like by the end of 2022, not the worst idea to get into one of these bigger energy plays because you're also getting nice dividend payouts and devin Has an extremely nice dividend: when does the feb inflation report come out? I believe next thursday, which would be or no this thursday, the 10th and then the fed meetings, the 15th and the 16th.

So in two days we get the inflation report two days two days um. This is still just pushing.